Cyprus Rejects Bailout Deal Leaving Eurozone Facing Fresh Crisis

Photo Credit: Filip Singer

The Cypriot parliament has thrown out a controversial plan to skim €5.8bn (£5bn) from savers’ bank accounts, in a move that risks plunging the eurozone into a fresh crisis and heightens expectations that the cash-strapped country will seek a funding lifeline from Russia.

Cyprus has just 24 hours to find a solution to its funding gap before its banks are due to reopen following the dramatic no vote on Tuesday night, which failed to support a hastily renegotiated change to the original deal.

Late on Tuesday night the eurozone governments said that despite the vote Cyprus would still need to raise the €5.8 bn – a third of the €17bn bailout.

With the crisis escalating, an RAF flight carrying €1m in low-denomination notes landed in Cyprus to provide cash for 3,000 British service personnel based on the Mediterranean island. The banks have been shut since Friday and electronic transactions halted, although cash machines are still working and the Ministry of Defence said the euros were being flown in as “contingency measure”.

About 2,000 of the military staff, typically posted to the island for 18 or 24 months, have their salaries paid into local accounts. The MoD said it was “approaching personnel to ask if they want their March, and future months’ salaries paid into UK bank accounts, rather than Cypriot accounts”.

Read more from this story HERE.

US Flies Nuclear-Capable B-52 Bombers Over South Korea Amid Rising Tensions With North Korea

Photo Credit: AP

The United States is flying nuclear-capable B-52 bombers on training missions over South Korea to highlight Washington’s commitment to defend an ally amid rising tensions with North Korea, Pentagon officials said Monday.

Pentagon press secretary George Little said one B-52 flew over South Korea on March 8, and the deputy defense secretary, Ashton Carter, said during a visit to Seoul that another bomber mission is scheduled for Tuesday.

B-52 bombers are capable of launching nuclear-armed cruise missiles, but Little said those participating in the Korean exercise are not armed with nuclear weapons.

The use of Air Force warplanes as part of an annual U.S.-South Korean military exercise called Foal Eagle is not unusual. But the Pentagon used the occasion to draw attention to the role B-52 bombers play as part of an American nuclear “umbrella” over South Korea and Japan — both of which feel threatened by North Korea’s development of nuclear weapons and ballistic missiles.

“We’re deeply concerned about North Korean behavior and rhetoric,” Little told reporters.

Read more from this story HERE.

Making Crime Pay: Norwegian TV Station Reveals EU Paying Salaries To Imprisoned Palestinians

Photo Credit: AP

A Norwegian public television investigation that found taxpayer-funded developmental aid to the Palestinian Authority is being funneled to convicted terrorists in Israeli prisons has ignited controversy in Norway and could be the tipping point for the European Union’s reconsideration of aid, according to an activist group.

The PA is using foreign aid to pay salaries as high as $3,111 per month to imprisoned terrorists, according to the in-depth report by the NRK, a Norwegian public broadcasting station. The salaries reportedly start at around $400 per month and increase with length of prison time.

The PA has maintained the payments are actually “social welfare” for the families of terrorists, not rewards for murderers of Israeli citizens. But Norwegian Foreign Minister Espen Barth Eide acknowledged last week that the PA mischaracterized the payments.

“It is unfortunate that the incorrect information obtained from the Palestinian Authority was communicated to the Parliament,” said Eide. Members of the Norwegian parliament have called for a reconsideration of funding, and are investigating the issue.

Palestinian Media Watch, an Israeli-based activist organization that helped uncover the payments, said the Norwegian government’s response to the controversy could influence policy for the entire E.U. Norway chairs the Ad Hoc Liaison Committee, which coordinates Palestinian developmental aid policy. Other participants include the E.U., the U.S., and the United Nations.

Read more from this story HERE.

FBI Arrests NASA Contractor Employee Trying To Flee To China

Photo Credit: AP

Bo Jiang, the Chinese national scientist employed by a NASA contractor for work at the space agency’s Langley Research Center, was arrested Sunday by the FBI at Dulles International Airport as he tried to flee to China, according to Rep. Frank Wolf, R-VA.

Wolf said during a Capitol Hill news conference today that Jiang’s work at the NASA facility had given him access to information that “would be of the greatest interest to foreign spies, including China.”

Wolf is chairman of a House Appropriations Committee subcommittee that has budget oversight authority for NASA.

He made Jiang’s name public for the first time last week during a subcommittee hearing where he also charged that Jiang had taken “voluminous sensitive” NASA documents back to China on a trip in 2012.

Jiang was employed by the National Institute of Aerospace, a Hampton, VA-based NASA contractor. The position afforded Jiang virtually unlimited, unescorted access to the NASA Langley facility, which is the location for classified research programs related to U.S. space defense technologies.

Read more from this story HERE.

Did Senator Drop Benghazi Bombshell?

Photo Credit: WND

Sen. Lindsey Graham, R-S.C., may have dropped a bombshell in an interview with Fox News in which he stated that murdered U.S Ambassador Christopher Stevens was in Benghazi to keep weapons caches from falling into the hands of terrorists.

Until now, no official explanation for Stevens deployment to Libya has acknowledged any such activity. Stevens reportedly died from smoke inhalation as a result of the Sept. 11, 2012, attacks on the U.S. special mission and CIA annex in Benghazi, Libya.

The official State Department probe into the Benghazi attacks stated Stevens was sent to Benghazi to “establish a U.S. presence in Libya.”

“The State Department had been absent from Libya since the Embassy in Tripoli suspended operations and evacuated its American personnel on February 25, 2011, amidst an escalating campaign by Muammar Qaddafi to suppress violently a popular uprising against his rule,” continued the report.

The report stated Stevens made the decision to travel to the Benghazi mission on Sept. 11 on his own, “independently of Washington, per standard practice.”

Read more from this story HERE.

Hacker Distributes Confidential Memos Sent To Hillary Clinton On Benghazi Attack, Libya

Photo Credit: Getty Images

A hacker, known only as “Guccifer,” has reportedly distributed confidential memos that were sent to former Secretary of State Hillary Clinton and dealt with various developments in Libya, including the Benghazi terrorist attack. The hacker has apparently sent four of the recent memos to congressional aides, politicians and journalists across the globe, the Smoking Gun reports.

It was over the weekend that the hacker reportedly distributed the memos, which were sent to Clinton by one of her longtime confidants and former White House aide, Sidney Blumenthal. His AOL email account was hacked last week. One memo, sent to Clinton on Sept. 12, was labeled “Confidential.”

The Smoking Gun has more details:

The hacker’s e-mails went to hundreds of recipients, though the distribution lists were dotted with addresses for aides to Senate and House members who are no longer in office. But many of the addresses to which the Blumenthal memos were sent are good (though it is unclear whether [email protected] is a solid address for the Republican mastermind).

Most of the e-mail recipients were sent four separate memos that were e-mailed to Clinton by Blumenthal during the past five months. Each memo dealt with assorted developments in Libya, including the September 11, 2012 attack on the U.S. mission in Benghazi. One memo marked “Confidential” was sent to Clinton on September 12.

Read more from this story HERE.

U.S. Missile Defense Plans Will Raise Korea Tensions, Warns China

Photo Credit: Ahn Young-joon

President Obama’s decision to deploy additional missile interceptors at Alaska’s Fort Greely reverses a decision he made in 2009 to scale back the number of active silos approved by President George W. Bush to blunt long-range nukes.

Defense Secretary Chuck Hagel on Friday announced that the U.S. will deploy 14 additional ground-based missile interceptors at Fort Greely to address threats of a “pre-emptive” nuclear strike from North Korea.

The number of interceptors on the West Coast will increase from 30 to 44 by 2017, as proposed by the Bush administration.

Rep. Howard P. “Buck” McKeon, chairman of the House Armed Services Committee, said the increase will cost an extra $200 million to reopen mothballed silos, citing a Pentagon estimate.

“Four years ago, the administration determined that the missile threat from countries like North Korea had changed, and, parting with established policy, decided to eliminate missiles from the proposed inventory and mothball the missile field built to house them,” Mr. McKeon, California Republican, said Friday. “At the time, House Republicans disputed the change in the threat and pressed the administration not to … close down vital infrastructure.”

Read more from this story HERE.

Israel PM Warns Of ‘Enormous Threats’ In Region On Eve Of Obama Visit

Photo Credit: Gali Tibbon

The new Israeli government will use Barack Obama’s visit to Jerusalem this week as an opportunity “to show our gratitude to the American people”, said Binyamin Netanyahu before being sworn in for a third term as prime minister on Monday.

“Obama’s visit will be an opportunity to thank him,” Netanyahu said after warning that Israel faced “enormous threats” in the region and pledging to “guarantee the future of the Jewish people by guaranteeing the future of the state of Israel, the root of our existence”.

The government was sworn in almost eight weeks after the election on 22 January, and just two days before Obama is due to arrive in Israel for his first visit as president.

Complex negotiations over the composition of the coalition resulted in a government characterised as more centrist than its predecessor. However, it is still highly resistant to concessions to the Palestinians in order to reach a two-state solution to the decades-long conflict.

The defence minister, Moshe Ya’alon, said he opposed making any gestures to the Palestinians, such as a freeze on settlement construction or the release of prisoners, to encourage a return to talks. The conflict must be “managed” rather than brought to an end by the creation of a Palestinian state, he argued.

Read more from this story HERE.

Russia’s Gazprom Offers Cyprus Restructuring Deal to Avoid EU Bailout in Exchange for Gas Fields

Photo Credit: Greek Reporter

Representatives of the Russian company submitted the proposal to the office of Cypriot President Nicos Anastasiades on Sunday evening, Sigma TV reported.

The proposal states that Gazprom will fund the restructuring of the country’s crippled financial institutions in exchange for substantial control over the country’s gas resources while Cyprus won’t need to take the harsh bailout package offered by the EU.

EU offered a 10 billion euros rescue package to Cyprus with the condition of raising 5.8 billion euros ($7.5 billion) by taking a piece of every bank account in Cyprus. The originally proposed levies on deposits are 9.9 percent for acounts exceeding 100,000 euros and 6.7 percent on anything below that.

Cypriot President Nicos Anstasiades is not willing to discuss the Russian’s offer according to Newsit who cited an anonymous source close to the President.

“The president is not going to discuss this plan because he wants a solution that will come from the EU,” said the anonymous source.

Read more from this story HERE.

More Than 200 Christians’ Houses Set On Fire Over Ridiculous Blasphemy Accusation In Pakistan

Photo Credit: ACLJ

The plight of Christians in Muslim nations continues to deteriorate as evidenced by a minor alteration that ended horrific violence, destruction, and persecution of a Christian community in Pakistan. Center for Law and Justice (CLJ) in Pakistan, an affiliate of the ECLJ, found out during its fact-finding visit that Sawan Masih, a Christian living in Joseph Colony, Pakistan, had an argument with his Muslim friend Shahid Imran – two friends of more than fifteen years who often argued about various topics. That night, Masih allegedly insulted the Prophet of Islam.

The next morning, on March 7, Shahid met his friend Muhammad Shafiq who had connections with iron market unionists. Shafiq took Shahid to union leaders who assured him of their support. The Aman Group (Peace Group) and Ittehad Group (Unity Group) told Shahid that he could take revenge on this insult if he followed their directions. The factory owners of Badami Bagh had recently offered to purchase the homes of the Christian residents, and to these businessmen, this incident seemed like a great opportunity to obtain the land for free. The next day, March 8, Shahid visited Masih’s billiard shop with Shafiq and three other union workers. Shafiq was armed with a long knife and was shouting that he would decapitate the blasphemer’s head. Masih was not present and did not know that people were calling for his life. An eyewitness told the CLJ that he “had sensed that Shahid was going to do something seriously bad to the entire Christian community.”

At 3:00 p.m., Shahid lodged complaint number 112/13 against Masih under Section 295-C of Pakistan Penal Code, which makes an insult of the Prophet of Islam a capital offense. One hour later, local mosques announced that Masih had blasphemed the Prophet of Islam. Masih did not come to the colony that evening after he had learned from his friends that a case had been registered against him. Taking advantage of the situation, both of the unions announced a strike in the steel factories to gain a political advantage in their upcoming union elections. Due to the strike, all the factory workers were available to attack Joseph Colony the next day, March 9.

The police negotiated with the Christian leaders and assured them that if Sawan Masih were handed over to police, the Christians would not be harmed. After the police told the Christians that the matter would be resolved only if Masih were handed to them, they handed Masih over to the police around 2:00 a.m. on March 9.

Read more from this story HERE.