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Gold Coins

'Can't let them compete with the dollar': Maxine Waters blasts Facebook's cryptocurrency

Facebook libra
© Reuters / Dado Ruvic / Illustration
House Financial Services Committee chair Maxine Waters (D-California) may have finally found something she opposes more than President Donald Trump: Libra, the proposed new Facebook cryptocurrency she says threatens the dollar.

Waters is demanding that Facebook stop its cryptocurrency project at once, promising that regulators will move "aggressively" to deal with the issue. She told CNBC's 'Closing Bell' on Thursday that she intended to put the new electronic medium of exchange under intense scrutiny.

"We're going to move aggressively and very quickly to deal with what is going on with this new cryptocurrency," Waters said. "I think it's very important for them to stop right now what they're doing so that we can get a handle on this."

"We've got to protect our consumers. We just can't allow them to go to Switzerland with all of its associates and begin to compete with the dollar."

The congresswoman said a special regulatory body was needed to oversee social media firms like Facebook, and compared the company's currency project to "starting a bank without having to go through any steps to do it."

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Eye 1

'We are Golunov' but not 'Assange': Western hypocrisy knows no bounds

Julian Assange
OPPOSITE ENDS: The case of award-winning journalist and publisher Julian Assange held in UK Belmarsh Prison awaiting possible extradition to the US for espionage charges – contrasts with recently released Russian opposition journalist Ivan Golunov.
'Journalists should never have to face intimidation for doing their jobs' - tweeted UK Foreign Minister Jeremy Hunt last week, a day before his country granted a US request to extradite former Wikileaks editor Julian Assange to the United States to face charges relating to the leaking of government documents. But Hunt was not referring to Assange in his tweet. In fact the UK foreign minister even condemned the UN Special Rapporteur last month for interfering in the business of the British courts, when he commented that Assange should not be extradited.


Jeremy Hunt was referring to the case of Ivan Golunov, the Russian journalist who writes for the Meduza Project, and who was arrested on 7th June with charges of possessing illegal drugs; charges that were subsequently dropped due to a lack of evidence.

The case caused such a public outcry in Russia, where it was widely believed the charges were false, that undoubtedly impacted on the decision to end Golunov's detention.

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Post-It Note

Then there were 2: Boris Johnson, Jeremy Hunt final two in race for Tory leadership

Michael Gove
© Reuters/Peter NichollsMichael Gove
The race for the Tory leadership has narrowed two candidates as Michael Gove was eliminated in a fifth round of voting, leaving former and current foreign secretaries Boris Johnson and Jeremy Hunt to fight it out.

Home secretary Sajid David was eliminated earlier in a fourth round of voting at lunch time.

Johnson received 162 votes in the fifth round, with Hunt receiving 77.

Johnson has maintained the lead throughout the voting process and is seen as a shoo-in to win the leadership contest and replace Theresa May as the next British Prime Minister.

Compass

Ilhan Omar re-tweets video of CNN commenter claiming US could be on the road to 'death camps'

Ilhan Omar
© Reuters/Jonathan Ernst
Democratic congresswoman Ilhan Omar appears to be supporting fellow representative Alexandria Ocasio-Cortez, after AOC sparked uproar for comparing detention centers at the US border to Nazi concentration camps.

Omar (D-MN) re-tweeted a video clip on Thursday in which CNN commenter Angela Rye makes the argument that the US is indeed on the road to having "death camps."

"In 1933, there were concentration camps. In 1941, they were death camps - and that is where we are going if our consciences are not quickly pierced," an impassioned Rye said, during a debate with Trump surrogate Steve Cortes.


House

550 Palestinians to be homeless after Israel demolishes entire neighborhood in East Jerusalem

Palestinian home demolished by Israel
© Marmoun Wazwaz/Anadolu AgencyPalestinians inspect the house of Palestinian Arafat Irfaiyye, after it was demolished by a Israeli army in Hebron, West Bank on April 19, 2019.
Israeli authorities are pressing ahead with plans to demolish an entire Palestinian neighbourhood in occupied East Jerusalem, human rights NGO B'Tselem reported, which will leave 550 homeless.

Wadi Yasul, located between the neighbourhoods of Abu Tur and Silwan, is home to 72 Palestinian families.

According to B'Tselem, the Jerusalem Municipality has "issued demolition orders for all the neighbourhood homes so all the families there are facing the threat of expulsion."

In late April, "the city already demolished two of the orders and displaced two of the families."

The NGO noted that Wadi Yasul built "is adjacent to a forest, also located on privately owned land that was expropriated from its Palestinian owners in 1970."

Eye 2

Israeli TV airs call to expel all Palestinians

Israeli channel airs call to expel all Palestinians
The Israeli international TV channel i24 News last week aired a call for the total ethnic cleansing of the Palestinian people.

"There will never, ever be a two-state solution," British far-right demagogue Katie Hopkins stated. "Israel will become the super force here. You will have to have a one-state solution."

But she wasn't talking about a single state with equal rights for all.


"There will not be peace in Israel until you remove the people who don't belong there," Hopkins asserted.

Another guest, former Israeli diplomat Daniel Shek, objected that they - the Palestinians - "are indigenous people, not migrants." But Hopkins added that "it will be a one-state solution, and in so far as you will have to remove certain individuals, you would just take more land."

Shek asked: "You mean 50 percent of the population will have to go?"

"Yes, they will have to go," Hopkins affirmed. "If some of their population still stab you with knives, then I would say yes, the rest have to go."

Newspaper

Corbyn wants public to vote on second referendum and Brexit deals

Corbyn
© REUTERS/Toby MelvilleFILE PHOTO - Britain's opposition Labour Party leader Jeremy Corbyn speaks during a rally against U.S. President Donald Trump, in London, Britain, June 4, 2019.
British opposition Labour leader Jeremy Corbyn backed a second referendum on any Brexit deal on Wednesday, his strongest support yet for a vote he said must offer "real choices" for those who want to leave or stay in the EU.

Corbyn, an instinctive critic of the European Union, has been under growing pressure to back unequivocally a second referendum to satisfy many members and lawmakers in his party who say it is the only way to break the Brexit deadlock.

He has previously showed his preference for a new national election, almost three years since Britain voted to leave the EU which left both his party and the governing Conservatives deeply split over how, when and whether Brexit should happen.

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Radar

India deploys warships, jets to Persian Gulf to reassure own vessels amid rising Iran-US tension

india navy
© AFP 2019 / MINISTRY OF DEFENCE
The Indian Navy named the deployment "Operation Sankalp (resolution)", claiming that it only serves to re-assure Indian flagged vessels travelling through the area following the recent maritime incidents there.

The Indian Navy has deployed warships and aircraft to the Gulf of Oman and Persian Gulf to undertake maritime security operations amid rising tensions between the US and Iran.

The announcement came from the Indian Navy on a day when Iranian paramilitary forces claimed that a US spy drone had been shot down after entering Iran's airspace.

Comment: The more eyes on the area, the better:


X

OPCW slammed by top MIT scientist for repressing dissenting report on Douma gas attack

OPCW/family
© OPCW/therealnews.com
MIT rocket scientist Theodore Postol has accused the OPCW leadership of overseeing "compromised reporting" and ignoring evidence that challenged claims that the Syrian government carried out a chemical attack in Douma.

Facing a growing controversy, the head of the Organization for the Prohibition of Chemical Weapons (OPCW) has offered his most extensive comments to date on a leaked internal assessment that challenged allegations that the Syrian government carried out a chemical weapons attack in the city of Douma in April 2018.

But the remarks from OPCW chief Fernando Arias have done little to address concerns that his UN-backed watchdog suppressed the document and published a flawed report that ignored countervailing data.

In an exclusive interview with The Grayzone, the award-winning rocket scientist and MIT professor emeritus Theodore Postol accused Arias of badly mischaracterizing the document in order to paper over his organization's errors.



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Attention

Pentagon's nuclear weapons 'war-fighting' doctrine has experts sounding alarm

US Nuke silo
© Brendan Smialowski/AFP
The Pentagon believes using nuclear weapons could "create conditions for decisive results and the restoration of strategic stability," according to a new nuclear doctrine adopted by the US joint chiefs of staff last week.

The document, entitled 'Nuclear Operations', was published on 11 June, and was the first such doctrine paper for 14 years. Arms control experts say it marks a shift in US military thinking towards the idea of fighting and winning a nuclear war - which they believe is a highly dangerous mindset.

"Using nuclear weapons could create conditions for decisive results and the restoration of strategic stability," the joint chiefs' document says. "Specifically, the use of a nuclear weapon will fundamentally change the scope of a battle and create conditions that affect how commanders will prevail in conflict."

At the start of a chapter on nuclear planning and targeting, the document quotes a cold war theorist, Herman Kahn, as saying: "My guess is that nuclear weapons will be used sometime in the next hundred years, but that their use is much more likely to be small and limited than widespread and unconstrained."

Kahn was a controversial figure. He argued that a nuclear war could be "winnable" and is reported to have provided part of the inspiration for Stanley Kubrick's film Dr Strangelove.

The Nuclear Operations document was taken down from the Pentagon online site after a week, and is now only available through a restricted access electronic library. But before it was withdrawn it was downloaded by Steven Aftergood, who directs the project on government secrecy for the Federation of American Scientists.

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