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Mr. Potato

'Daft' Boris Johnson says Russia must choose between 'toxic' Assad and G7 nations

British Foreign Secretary Boris Johnson
© Alkis Konstantinidis / Reuters
Russia must decide whether it will stick with the "toxic" Assad government or work with the rest of G7 on a political solution in Syria, Foreign Secretary Boris Johnson has said, adding that G7 nations on Monday will discuss the possibility of further sanctions against Syrian and Russian figures.

Russia and Iran warned jointly on Sunday that they would "respond with force" if there were further US attacks on Syrian government forces. They said American military intervention is a "violation of international law."

Johnson wants Western nations to draw up "very punitive sanctions" in response to last week's alleged chemical attack on a rebel-held area, in which up to 90 people were killed.

Wall Street

'My mission is complete': Ukraine's central bank governor calls it quits

Ukraine's central bank chief Valeria Gontareva
© Gleb Garanich / ReutersUkraine's central bank chief Valeria Gontareva
The head of Ukraine's central bank (NBU), Valeria Gontareva, resigned on Monday following years of intense pressure, hate campaigns and death threats.

"My mission is complete. The country has moved to a flexible exchange rate and implemented the new monetary policy of inflation targeting. Secondly, the banking system has been cleansed of insolvent banks, and its future resilience strengthened," she said after submitting her resignation to President Petro Poroshenko, effective May 10.

Championed by investors and the IMF, Gontareva adopted harsh anti-crisis measures heavily criticized by some lawmakers and local businessmen.

Comment: More on Ukraine'ss central bank problems:


Attention

Voice of sanity: Dennis Kucinich says no evidence that Assad has used chemical weapons on his own people

Dennis Kucinich

Kucinich tells Fox news, no evidence exists that Assad has used chemical weapons on his own people.


Dennis Kucinich hit all the main points.

He talks about the false flag Ghouta chemical attack.

He talks about the United States helping ISIS by attacking Assad.

He talks about helping Saudi Arabia (who Kucinich notes played a large role in 9-11), by attacking Assad.

When asked point blank about whether he believes Assad committed the chemical attacks, Kucinich said "NO".

When asked if rebels have used chemical weapons, Kucinich said "YES".

When asked point blank, "You would acknowledge that Assad has used chemical weapons on his own people before correct?", Kucinich said, "I would NOT acknowledge that."


Comment: Rand Paul has also said he has not seen the evidence linking Assad to the chemical weapons strike, and has called for an investigation by the Senate Intelligence Committee, adding that 'it makes no sense for Assad to use chemical weapons. He was winning the six-year-old civil war, had the support of Russian troops on the ground, and, just days earlier, received a public statement from U.S. Secretary of State Rex Tillerson that regime change was not America's goal.'


Stock Down

Japanese investors dump French bonds at record pace ahead of election

View of Paris
© Benoit Tessier / Reuters
The strong showing of French presidential candidate Marine Le Pen has led to increased selling of French government debt among Japanese investors reports Japan's Ministry of Finance.

According to the ministry, money managers sold 1.58 trillion yen (€13.4 billion) of French bonds in February, surpassing the previous record of 1.25 trillion yen (€10.6 billion) set in June 2015.

"They are worried about the third surprise (after the UK referendum and US Presidential election last year)," senior strategist at Nomura Securities, Hideki Kishida told Reuters.

Attention

Belgian foreign minister says Trump's decision to hit Syrian airfield was outside UN framework

The body of a plane burned as a result of the US missile attack on an air base in Syria
© Mikhail Voskresenskiy / Sputnik The body of a plane burned as a result of the US missile attack on an air base in Syria.
Belgium's top diplomat has called on US President Donald Trump to make sure his next foreign policy decisions are made within the United Nations' framework, referring to an order to carry out a missile strike on Syria's Shayrat Airbase overnight Thursday.

"What we are seeing today is an escalation," Foreign Minister Didier Reynders told Bel RTL radio on Monday.

"I can understand the reaction of the American president following a chemical attack, and it's not the first [one]. But his decision was taken outside the international framework. [Decisions] must go through the United Nations," he said.

Info

Beijing may offer concessions to avoid trade war with Washington

Cowboy ranch hand
© Lucas Jackson / Reuters
China has agreed to give more access to its domestic market to American businesses, the Financial Times reports, quoting Chinese and US officials involved in recent talks.

Beijing is believed to be raising the investment ceiling in the Bilateral Investment Treaty (BIT) and will also lift the ban on US beef imports, the newspaper reported.

"China was prepared to (raise the investment ceilings) in the BIT, but those negotiations were put on hold (after Trump's election victory)," the FT wrote citing a Chinese official involved in the talks.

"Had Obama been in office for another six months we would have gotten there," he said.

Stock Down

Global recession more likely and coming soon, warns Saxo Bank

Stock market board
© Athit Perawongmetha / Reuters
While markets are forecasting only a 10 percent chance of a global recession, Danish investment firm Saxo Bank puts the odds at over 60 percent.

"Our main global macro outlook still maintains that recession is more likely than not in the near future (12 to 18 months) based on the global credit impulse having peaked simultaneously with global inflation," chief economist at Saxo Bank Steen Jakobsen told CNBC.

Dollar

Seize first, question later: The IRS stole more than $17 million from innocent business owners

IRS building
Police departments aren't the only ones seizing money from citizens without charging them with a crime: the IRS is in the civil asset forfeiture game too.

In just two years - from 2012 to 2014 - the IRS stole more than $17 million from innocent business owners, deliberately targeting their earnings for an easy steal. Using obscure anti-money laundering rules and civil asset forfeiture, the agency compromised the rights of individuals and their businesses, a government watchdog has discovered.

The Treasury Inspector General for Tax Administration (TIGTA) released a report on March 30 that details how IRS investigators seized hundreds of bank accounts from business owners based on nothing but a suspicious pattern of deposits.

In more than 90 percent of those cases, the money was completely legal. The audit also found that investigators violated internal policies when conducting interviews, failed to notify individuals of their rights, and improperly bargained to resolve civil cases.

Comment: IRS admits to illegally seizing bank accounts; agrees to give the money back


Attention

Chemical weapons expert, Michael Savage says Syrian gas attacks a complete false flag, not sarin but phosphene gas

gas attack syria

Savage: "How is is this an 'America first' decision?"


A must listen. Savage Nation is a huge radio platform. Michael Savage is also a chemical weapons expert.

Key points:

Savage: "Who got to you, Mr. President? Who is whispering in your ear and could have made you make this dramatic of a change towards Russia in just three days?"


Comment: Fallout from U.S. attack on Syria: Trump loses popular support, congratulated on 'becoming president' by CNN


Radar

Top US & NATO officer hyping the 'Russian threat': 'Russia more active in Europe than during Cold War'

Admiral Kuznetsov heavy aircraft carrier
© Press service of the Northern Fleet / SputnikAdmiral Kuznetsov heavy aircraft carrier.
Russia is more active with its naval operations in Europe than during the Cold War, according to a senior US and NATO military officer. The statement comes amid NATO's ongoing buildup in Europe.

Navy Admiral Michelle Howard, who heads NATO's Allied Joint Force Command in Naples and commands US naval forces in Europe and Africa, claimed that the current Russian deployments are unheard-of.

"We're seeing activity that we didn't even see when it was the Soviet Union. It's precedential activity," Howard told Reuters.