Showing posts with label USA TODAY. Show all posts
Showing posts with label USA TODAY. Show all posts

Friday, May 27, 2016

Pilgrims flock to one of the Arab world's last Jewish communities - USA TODAY

Pilgrims flock to one of the Arab world's last Jewish communities

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An annual Jewish pilgrimage to Africa's oldest synagogue got under way in Tunisia where security forces were deployed heavily to ward off potential jihadist attacks.Video provided by AFP Newslook
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DJERBA, Tunisia — Despite warnings from Israel to avoid traveling to one of the Arab world's last Jewish communities, thousands came to the ancient El Ghriba synagogue this week to celebrate the Jewish festival of Lag b'Omer.
Jews from Tunisia, Europe and elsewhere made the annual two-day pilgrimage that began Wednesday under tight security to mark the holiday with prayers, candles and wishes written on eggs.
Organizers estimated 2,000 people made the trip here despite a severe warning by Israel’s National Security Council Counter-Terrorism Bureau that recommended all travel to Tunisia be avoided.
“Terrorism is everywhere, it’s in Paris, it’s in Bardo. The problem is worldwide,”  Lior Elia said in his family jewelry shop in Houmt Souk, the main city on the island ofDjerba off the Tunisian coast.  “We are protected here, the police work for us and for everyone, and we are also protected, thanks to God.”
“We protect each other always,” said Madji Barouni, a Muslim college student who stopped by the shop to visit his friend Elia.
There have been plenty of security concerns. In an assault in March, militants affiliated with the Islamic State stormed the Tunisian border town of Ben Gardane, leaving more than 50 dead. Access to Djerba was immediately cut off.
Two high-profile attacks last year in Tunisia — at the Bardo National Museum in Tunis and in the beach resort of Sousse — stoked fears that the Jewish community could become a target of extremists.
In 2011, the annual pilgrimage to El Ghriba synagogue was canceled amid security concerns. Jewish cemeteries were vandalized, and several anti-Jewish incidents were reported. In 2002, al-Qaeda claimed responsibility for a truck explosion in front of the synagogue that killed nearly two dozen people, mainly German tourists.
To reassure Tunisian Jews, Rashid Al-Ghannoushi, leader of Tunisia's Nahda party, recently sent a delegation to Djerba to tell the community it would be protected. The image of tolerance bodes well for tourism on this island, a popular vacation destination on the Mediterranean.
Security checkpoints sit at the entrances of Hara Kabira — the part of the island where most of Djerba's Jews reside —  and plainclothes police patrol the neighborhood. Outside El Ghriba synogogue, police guard the entrance gate where visitors must pass through metal detectors and tight security checks.
Jews have been on Djerba for more than 2,000 years, living alongside Muslims and Christians in the center of the Arab world. As violent religious extremism engulfs the region around them, residents on this quiet North African island say they are resolute to stay.
“Thanks to God, we can live peacefully and without problems,” said Yousef Oezen, president of the Jewish community in Djerba. “There are marriages, the youth are having children. The Jewish community can live here, and we can grow.”
About 850,000 Jews  lived throughout the Arab world before the state of Israel was created in 1948. That number has dwindled to fewer than 4,500.
Jewish communities have virtually disappeared across North Africa and the Middle East, including LibyaAlgeria, Egypt and Yemen. But the Jews of Djerba have stayed. The population  is about 1,100. nearly half of which are younger than 20, Oezen said.
"They live alongside their Muslim neighbors, and they do so very well,” said Valerie Davis Allouche, Tunisia country director for the American Jewish Joint Distribution Committee, a humanitarian group that works with the community.  “Jewish and Muslim kids play together in the streets. They work alongside their neighbors. Co-existence is a working reality.”
“We are very secure,” Koudir Hania, the synagogue's manager, said as he locked the doors to the holy site at the end of the day. “Calm, life is calm.”
Hara Kabira, in the heart of Djerba, is the largest of two Jewish neighborhoods on the island, where schoolboys wear kippas, or skull caps, and women wear scarves to cover their hair, as part of their religion's Orthodox tradition.
They speak Arabic and Hebrew, and some know French. Men often work in jewelry shops in Houmt Souk, and women mostly stay home to raise families.
Though relations with Muslims and Christians are amicable, the community remains tightknit and insular — a way to resist assimilation and preserve traditions.
“We work together, we talk, we have a coffee, but we go home to our own homes at the end of the day,” Oezen explained. “Everyone has their own religion, we don’t mix these things.”
As the Muslim call to prayer echoed across the market on a recent Friday in Houmt Souk, Elia stood behind a jewelry counter and pointed to an employee in the small shop.
“I am Jewish, and he is Muslim,” he said. “We have worked together here for years, and our fathers worked together before that. We are very close.”

Tuesday, January 26, 2016

World Marks International Holocaust Remembrance Day - Kim Hjelmgaard USA TODAY





World Marks International Holocaust Remembrance Day


Kim Hjelmgaard, USA TODAY January 26, 2016


BERLIN — Wednesday is International Holocaust Remembrance Day, the date the United Nations has chosen to commemorate victims of the Holocaust during World War II. Six million Jews were murdered by Germany's Nazi regime, along with 5 million non-Jews were killed.

The anniversary, marked each year since 2005, falls on the anniversary of the liberation of the Auschwitz-Birkenau death camp in Poland by the Russian army in 1945. One million people died there.

Here is how countries around the world are marking the 71st anniversary:
AUSTRIA
The Friends of Yad Vashem and the city of Linz will hold a remembrance ceremony at Linz City Hall. Yad Vashem is Israel's official memorial to Holocaust victims in Jerusalem. Yad Vashem works to preserve the memories and names of murdered Jews.
BELGIUM
A university (Autonome Hochschule) in Eupen will screen a documentary about Helmut Clahsen, who hid with his younger brother in dozens of locations in Germany and Belgium after his mother was persecuted by the Nazis in 1941. He died in Aachen, Germany, last October.
CANADA
The Montreal Holocaust Memorial Center is offering visitors free admission to the museum, which focuses on Jewish communities before, during and after the Holocaust. A special emphasis is on the life stories of Montreal survivors.
FRANCE
Prime Minster Manuel Valls will give an address at a commemoration event in Paris that is organized by UNESCO, the U.N. agency that promotes education, science and culture. UNESCO is hosting a number of public events and exhibitions in the French capital related to the theme of antisemitic propaganda and the Holocaust.
GERMANY
Members of the German government will join dignitaries at the German Parliament (Bundestag) in Berlin for a remembrance event that will focus on the topic of forced labor. Numerous cities and organizations across Germany will hold separate ceremonies. A state-funded cultural center in Bremen was forced to cancel an event that was critical of the Jewish state, the Jerusalem Post reported. The event was to be held Monday.
ISRAEL
Holocaust Remembrance Day, or Yom HaShoah — which takes place on May 4 — is the day Israel formally memorializes Jews who perished in the Holocaust. Yad Vashem historians, researchers and educators will nevertheless take part in ceremonies Wednesday in countries around the world, including Belgium, Ghana, Kenya, Ethiopia, Rwanda, South Africa, Senegal, Ivory Coast, Brazil, Slovakia, Malta and Russia.
POLAND
The Auschwitz-Birkenau Memorial and State Museum will host an event that will be streamed live on YouTube. It will be available in Polish and English. More than 1.7 million people visited the memorial in 2015, a record.
UNITED STATES
President Obama plans to attend an event at the Israeli Embassy in Washington, where two Americans and two Poles, all non-Jews, will be honored for their work trying to save Jews. The U.S. Holocaust Memorial Museum in Washington is holding two separate events, both of which will be streamed live on the Museum's web site.

Chinese stocks dive more than 6% as oil falls - Jane Onyanga-Omara, USA TODAY



Chinese stocks dive more than 6% as oil falls


China’s benchmark index plunged more than 6% Tuesday, after a renewed slump in oil prices kept investors on edge about the global economy.​
The Shanghai composite index dived 6.4% to 2,749.79 — its lowest close since Dec.1, 2014 — continuing weeks of volatility for Chinese stocks.
U.S. stock futures recovered to around 0.3% higher Tuesday.
Asian markets were down — Japan’s Nikkei 225 index dropped 2.4% to close at 16,708.90 and Hong Kong’s Hang Seng index lost 2.5%, finishing at 18,860.80 points.
In Europe, Germany's DAX index lost 0.5%, France's CAC 40 was down 0.4% and Britain's FTSE 100 was 0.7% lower.
Brent crude fell to under $30 a barrel early Tuesday, before reaching $30.33 at 5.35 a.m. ET. It lost $1.68, or 5.2%, to $30.50 a barrel the previous day.
Investors in China were in near-panic in the absence of a shift in government policies and economic fundamentals, said Chen Yong, market strategist for Lianxun Securities. The approach of the Lunar New Year didn’t help, as players become reluctant to invest for fear of any unexpected sharp falls in overseas markets.
Michael Every, who heads Financial Markets Research, Asia-Pacific, at Rabobank, said: "It’s just another in a long series of slumps that we have seen in this market, and it’s not the last we will see either because the market is still overpriced. And too many people want to get their money out. It’s been a bubble since it began last summer.”
Every expects another 10% drop or more in Shanghai shares before things settle down. U.S. stocks ended lower Monday as oil prices dropped.

Watch report here: USATODAY - China's stocks dive
Contributing: Associated Press

Wednesday, January 13, 2016

20th Largest Bank In The World: '2016 Will Be A ‘Cataclysmic Year’ - Michael Snyder THE ECONOMIC COLLAPSE BLOG

Royal Bank Of Scotland

Posted: 12 Jan 2016   Michael Snyder  THE ECONOMIC COLLAPSE blog

The Royal Bank of Scotland is telling clients that 2016 is going to be a “cataclysmic year” and that they should “sell everything”.  This sounds like something that you might hear from The Economic Collapse Blog, but up until just recently you would have never expected to get this kind of message from one of the twenty largest banks on the entire planet.  

Unfortunately, this is just another indication that a major global financial crisis has begun and that we are now entering a bear market.  The collective market value of companies listed on the S&P 500 has dropped by about a trillion dollars since the start of 2016, and panic is spreading like wildfire all over the globe.  And of course when the Royal Bank of Scotland comes out and openly says that “investors should be afraid” that certainly is not going to help matters.

It amazes me that the Royal Bank of Scotland is essentially saying the exact same thing that I have been saying for months.  Just like I have been telling my readers, RBS has observed that global markets “are flashing the same stress alerts as they did before the Lehman crisis in 2008″
RBS has advised clients to brace for a “cataclysmic year” and a global deflationary crisis, warning that the major stock markets could fall by a fifth and oil may reach US$16 a barrel.
The bank’s credit team said markets are flashing the same stress alerts as they did before the Lehman crisis in 2008.
So what should our response be to these warning signs?

According to RBS, the logical thing to do is to “sell everything” excerpt for high quality bonds…
“Sell everything except high quality bonds,” warned Andrew Roberts in a note this week.
He said the bank’s red flags for 2016 — falling oil, volatility in China, shrinking world trade, rising debt, weak corporate loans and deflation — had all been seen in just the first week of trading.
We think investors should be afraid,” he said.
And of course RBS is not the only big bank issuing these kinds of ominous warnings.
The biggest bank in America, J.P. Morgan Chase, is “urging investors to sell stocks on any bounce”
J.P. Morgan Chase has turned its back on the stock market: For the first time in seven years, the investment bank is urging investors to sell stocks on any bounce.
“Our view is that the risk-reward for equities has worsened materially. In contrast to the past seven years, when we advocated using the dips as buying opportunities, we believe the regime has transitioned to one of selling any rally,” Mislav Matejka, an equity strategist at J.P. Morgan, said in a report.
Aside from technical indicators, expectations of anemic corporate earnings combined with the downward trajectory in U.S. manufacturing activity and a continued weakness in commodities are raising red flags.
Major banks have not talked like this since the great financial crisis of 2008/2009.  Clearly something really big is going on.  Trillions of dollars of financial wealth were wiped out around the world during the last six months of 2015, and trillions more dollars have been wiped out during the first 12 days of 2016.  As I noted above, the collective market value of the S&P 500 is down by about a trillion dollars all by itself.

One of the big things driving all of this panic is the stunning collapse in the price of oil.  U.S. oil was trading as low as $29.93 a barrel on Tuesday, and this was the first time that oil has traded under 30 dollars a barrel since December 2003.

Needless to say, this collapse is absolutely killing energy companies.  The following comes from USA Today
There aren’t many people who feel bad for oil companies. But the implosion in oil prices is causing a profit decline that almost invokes pity.
The companies in the Standard & Poor’s 500 energy sector are expected to lose a collective $28.8 billion this calendar year, down from $95.4 billion in net income earned during the industry’s bonanza year of 2008, according to a USA TODAY analysis of data from S&P Capital IQ. That’s a $124 billion swing against energy companies – and one you’re probably enjoying at the pump. The analysis includes only the 36 S&P 500 energy companies that reported net income in 2008.
If we are to avoid a major global deflationary crisis, we desperately need the price of oil to get back above 50 dollars a barrel.  Unfortunately, that does not appear to be likely to happen any time soon.  In fact, Dallas Fed President Robert Kaplan says that the price of oil is probably going to stay very low for years to come
You’d expect at least some artificial optimism when the president of the Dallas Fed talks about oil. You’d expect some droplets of hope for that crucial industry in Texas. But when Dallas Fed President Robert Kaplan spoke on Mondaythere was none, not for 2016, and most likely not for 2017 either, and maybe not even for 2018.
The wide-ranging speech included a blunt section on oil, the dismal future of the price of oil, the global and US causes for its continued collapse, and what it might mean for the Texas oil industry: “more bankruptcies, mergers and restructurings….”
The oil price plunge since mid-2014, with its vicious ups and downs, was bad enough. But since the OPEC meeting in December, he said, “the overall tone in the oil and gas sector has soured, as expectations have decidedly shifted to an ‘even lower for even longer’ price outlook.”
In recent articles I have discussed so many of the other signs that indicate that there is big trouble ahead, but today I just want to quickly mention another one that has just popped up in the news.

The amount of stuff being shipped across the U.S. by rail has been dropping dramatically.  The only times when we have seen similar large drops has been during previous recessions.  The following comes from Bloomberg
Railroad cargo in the U.S. dropped the most in six years in 2015, and things aren’t looking good for the new year.
“We believe rail data may be signaling a warning for the broader economy,” the recent note from Bank of America says. “Carloads have declined more than 5 percent in each of the past 11 weeks on a year-over-year basis. While one-off volume declines occur occasionally, they are generally followed by a recovery shortly thereafter. The current period of substantial and sustained weakness, including last week’s -10.1 percent decline, has not occurred since 2009.”
BofA analysts led by Ken Hoexter look at the past 30 years to see what this type of steep decline usually means for the U.S. economy. What they found wasn’t particularly encouraging: All such drops in rail carloads preceded, or were accompanied by, an economic slowdown (Note: They excluded 1996 due to an extremely harsh winter).
The “next economic downturn” is already here, and it is starting to accelerate.

Yes, the financial markets are starting to catch up with economic reality, but they still have a long, long way to go.  It is going to take another 30 percent drop or so just for them to get to levels that are considered to be “normal” or “average” by historical standards.

And the markets are so fragile at this point that any sort of a major “trigger event” could cause a sudden market implosion unlike anything that we have ever seen before.
So let us hope for the best, but let us also heed the advice of RBS and get prepared for a “cataclysmic” year.

Wednesday, October 28, 2015

Massive asteroid to zip by Earth on Oct. 31 - USA TODAY


Massive asteroid to zip by Earth on Oct. 31


A massive asteroid will hurtle by Earth on Oct. 31, at "unusually" high speeds, according to scientists.However, it will not come anywhere close to endangering Earth. USA TODAY
A massive asteroid will hurtle by Earth on Oct. 31, at "unusually" high speeds,
 according to scientists.
The asteroid, dubbed 2015 TB145, was discovered Oct. 10 by the Panoramic Survey Telescope and Rapid Response System, according to a report from NASA's Jet Propulsion Laboratory.
The asteroid is traveling at speed of more than 78,000 miles per hour and estimates of its size range from 689 to 2,133 feet, Earth Sky reported.
The asteroid will pass by a little over 300,000 miles from Earth, according to NASA's report. Which means it won't come anywhere close to crashing into the neighbor's Halloween party.
The asteroid's Halloween flyby will be visible by telescope, and may be at its peak "before sunrise on October 31 for observers in North America," according to the report. Though it may be hard to spot by a "small telescope."
In August, rumors swirled that an asteroid was on course to hit the Earth at the end of September. Paul Chodas, manager of NASA's Near-Earth Object office at the Jet Propulsion Laboratory in Pasadena, Calif.said in August that the hysteria over the asteroid was misguided.
"There is no scientific basis, not one shred of evidence, that an asteroid or any other celestial object will impact Earth on those dates," Chodas said in August. "In fact, not a single one of the known objects has any credible chance of hitting our planet over the next century.
Follow @MaryBowerman on Twitter.

Monday, October 26, 2015

Hot dogs, bacon, processed meats linked to cancer - USA TODAY

Hot dogs, bacon, processed meats linked to cancer

Eating hot dogs, ham and other processed meat can cause colorectal cancer, and eating red meat "probably" can cause cancer, the World Health Organization's cancer agency reported Monday.
Kurt Straif of the International Agency for Cancer Research said the risk of developing colorectal cancer from eating processed meat remains small but rises with the amount consumed. Consuming red meat was linked to colorectal, pancreatic and prostate cancer, but the link was not as strong, the IARC report said.
“In view of the large number of people who consume processed meat, the global impact on cancer incidence is of public health importance," Straif said.
The IARC report labeled processed meat a carcinogen — cigarettes are similarly labeled — and said red meat is "probably carcinogenic to humans."
The North American Meat Institute scoffed at the report, saying it ignored "numerous" studies showing no link between meat and cancer.
“Red and processed meat are among 940 agents reviewed by IARC and found to pose some level of theoretical ‘hazard,"  institute spokeswoman Betsy Booren said. "Only one substance, a chemical in yoga pants, has been declared by IARC not to cause cancer."
Processed meat was defined as meat transformed through salting, curing, fermentation, smoking "or other processes to enhance flavor or improve preservation." The most common processed meats consumed in the U.S. include hot dogs, sausages, bacon, ham, canned meat and beef jerky.
The IARC said it considered more than 800 studies that investigated possible links between a dozen types of cancer with the consumption of red meat or processed meat in many countries and populations with diverse diets.
The experts concluded that each 50 gram — about 1.75 ounce — portion of processed meat eaten daily increases the risk of colorectal cancer by 18%, the IARC said
IARC director Christopher Wild said the findings support current public health recommendations to limit intake of meat but stressed that red meat has nutritional value. He said governments and international regulatory agencies must balance the risks and benefits of eating red meat and processed meat "to provide the best possible dietary recommendations.”

Scores dead as magnitude-7.5 quake hits Afghanistan - USA TODAY

Afghanistan earthquake region 10.26.15

The massive quake's epicenter was in northern Afghanistan, but tremors could be felt across several countries. VPC

Scores dead as magnitude-7.5 quake hits Afghanistan


Scores of people have died after a magnitude 7.5. earthquake struck Afghanistan on Monday, causing deaths in neighboring Pakistan and tremors in northern India.
The U.S. Geological Survey said the epicenter of the quake was in the far northern Afghan province of Badakhshan, which borders Tajikistan and China.
"Significant casualties are likely and the disaster is potentially widespread," the USGS said.
Pakistani officials said the quake killed 145 people in northwestern Pakistan, bringing the total death toll from the disaster to 180, the Associated Press reported.
Agence France-Presse said the quake lasted for at least a minute.
In Afghanistan's Takhar province, west of Badakhshan, at least 12 students were killed in a stampede  at a girls’ school and at least five people died when homes collapsed in the Khyber Pakhtunkhwa province in Pakistan, the AP reported.
At least 194 injured people were taken to a hospital in the Swat district of Pakistan and over 100 were taken to a hospital in Peshawar, northern Pakistan, the website Dawn reported. Arbab Muhammad Asim, district mayor of Peshawar, said: “"Many houses and buildings have collapsed in the city," AFP said.
People in Afghan capital Kabul, India's capital New Delhi and Pakistan's capital Islamabad reported feeling strong tremors. In Islamabad, walls swayed and people poured out of office buildings in a panic, reciting verses from the Quran, the AP said.
Pakistani Prime Minister Nawaz Sharif asked authorities to use all resources to help any victims, and Indian Prime Minister Narendra Modi said he has asked for an urgent assessment. The quake caused widespread power outages and cut phone lines in Kabul, according to the AP.  
Delhi's metro stopped running during the tremor.
"All of around 190 trains plying on the tracks were stopped at the time of the earthquake. The lines and the trains are now being restored after basic inspection of respective lines," Delhi Metro spokesman Anuj Dayal told AFP.
In October 2005. a 7.6 magnitude earthquake in the Kashmir region rocked parts of Pakistan, India and Afghanistan, killing more than 80,000 people.