Author: Blazing Press

Iran Deal Still a Go for Germany Despite Trump Win

Germany said on Wednesday it would try to ensure a landmark nuclear deal between Iran and the United States, Europe and Russia reached last year would remain in place under a new U.S. administration led by President-elect Donald Trump. “You can be sure that we will try to convince this (Trump) administration that what we agreed one and a half years ago and have since implemented, both in words and deeds, remains, from our point of view, the right policy,” a foreign ministry spokesman told a regular government news conference. Earlier, an Iranian central bank official said he expected no longer-term...

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AMERICA GREAT AGAIN? Dollar Hits 14-Year High As Trump-Fueled Bond Sell-Off Resumes

(LONDON, UK) The dollar hit a 14-year high against a basket of currencies on Wednesday as a post-U.S. election sell-off resumed across global bond markets, lifting Treasury yields and attracting investors to the U.S. currency. That halted stocks in their tracks, with Europe’s main indices down as much as 0.8 percent and Wall Street expected to open 0.5 percent lower. The Bank for International Settlements this week repeated its view that a stronger dollar poses risks for global markets and financial stability. Investors have largely shrugged off these warnings but stocks felt the heat of the dollar’s latest rise...

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Mosul liberation leaves ISIS leader hiding in fear

(ERBIL, IRAQ) A few weeks ago, a person inside Mosul began to send text messages to Iraqi military intelligence in Baghdad. Abu Bakr al-Baghdadi, the leader of Islamic State, “has become intemperate,” said the early November message, written by an informant inside the city who has contact with the group but is not a member of it. “He has cut down on his movements and neglects his appearance,” the message read. “He lives underground and has tunnels that stretch to different areas. He doesn’t sleep without his suicide bomber vest so he can set it off if he’s captured.”...

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PSALM 83: Islamic Groups Unite Against Israel

There’s some shuffling going on in the Hamas hierarchy that doesn’t bode well for Israel. Hamas, the Gaza-based Palestinian group sworn to Israel’s destruction, is uniting with terror groups to promote their common goal. Beyond that, the changes in leadership are drawing Hamas closer to Iran, the country that has vowed to wipe Israel off the map. Hamas leader Khaled Meshaal, who announced last June he would be stepping down by the end of the year, will be replaced by Gaza-based Hamas chief Ismail Haniyeh, who will relocate to Qatar. Meshaal has a long history with Hamas. In the...

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With Trump’s Signature, Dozens Of Obama’s Rules Could Fall

Dozens of major regulations passed recently by the Obama administration — including far-reaching changes on health care, consumer protections and environmental safety — could be undone with the stroke of a pen by Donald J. Trump and the Republican-controlled Congress starting in January, thanks to a little-used law that dates back to 1996. And it comes with a scorched-earth kicker: If the law is used to strike down a rule, the federal agency that issued it is barred from enacting similar regulation again in the future. The obscure law — called the Congressional Review Act — was passed 20...

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