Monday, November 30, 2020
Israel Behind Assassination of Top Iranian Nuclear Scientist? - Global ResearchGlobal Research - Centre for Research on Globalization
History reminds us that vaccines alone don’t end pandemics - The Washington Post
World should thank us for killing Iran's top nuclear scientist, senior Israeli official tells NYT - Israel News - Haaretz.com
12 Historical figures who read 'The Imitation of Christ'
Canada’s silence on the assassination of Iranian nuclear scientist is troubling — The Canada Files
Vaccines Are Coming, but Pandemic Experts Expect a 'Horrible' Winter - The New York Times
World should thank us for killing Iran's top nuclear scientist, senior Israeli official tells NYT - Israel News - Haaretz.com
Opinion | Dear Joe, It’s Not About Iran’s Nukes Anymore - The New York Times
Trump Faces Critical Choice About His Political Future | National Review
The Next National Defense Strategy - War on the Rocks
Trump Administration Moves To Bar Any Group Supporting A Boycott of Israel – JONATHAN TURLEY
Joe Biden’s Neera Tanden Pick Is Even Worse Than You Thought
Assassination in Iran Threatens Fate of Nuclear Deal - The New York Times
How Mossad assassinated Iran nuclear scientist Mohsen Fakhrizadeh | Daily Mail Online
Two-shot covid vaccine regimens will make it harder to vaccinate Americans - The Washington Post
Moderna designed its coronavirus vaccine in just 2 days - Business Insider
Can I Choose My COVID-19 Vaccine? | MedPage Today
Obama's Promised Land: Come for the Droning, Stay for the Erasures | naked capitalism
Iran Says Israel Remotely Killed Military Nuclear Scientist | Asharq AL-awsat
Overview: nuclear scientists as assassination targets - Bulletin of the Atomic Scientists
China Complains of U.S. Harassment of Chinese Airline and Ship Crews - WSJ
Saint Andrew | Franciscan Media
What is Advent, and when does it start? A CNA Explainer
Nearly one-third of NY, NJ small businesses closed in 2020: report
Kentucky dioceses keep Masses open despite governor’s request – Catholic Telegraph
Archbishop Cordileone: New COVID church closures violate right to worship – Catholic World Report
“Dark Winter” Was The Code Name For A Scenario In Which A Biological Weapon Was Used Against The American Populace – End Of The American Dream
A political flirt: The diaries of Barack Hussein Obama | United States | Al Jazeera
Dean Baker - NYT Wants to Talk About Higher Wages, but Doesn’t Want to Talk About the Real Reasons Wages are Low | Brave New Europe
Huawei hits 5G critical mass with Germany's approval - Asia Times
Assassinations and sanctions aren’t working: Why America and Israel need a new Iran strategy - U.S. News - Haaretz.com
Biden names Yellen, Tanden to economic team | TheHill
How a 'rapid withdrawal' from Afghanistan is logistically possible – Responsible Statecraft
The top 16 people in Congress Biden will rely on to enact an ambitious Democratic agenda - Business Insider
Judge Schedules Hearing in High-Profile Georgia Election Case
Once enemies, Ethiopia and Eritrea ally against Tigray | Africa | DW | 29.11.2020
The Black innovators who elevated the United States: Reassessing the Golden Age of Invention
Delhi, the world’s most air polluted capital fights back
The Muslim world’s changing dynamics: Pakistan struggles to retain its footing
Iranian authorities said to have photos of assassins of leading nuclear scientist | intelNews.org
Israel has amassed 68 Palestinian bodies as bargaining chips since 2016 - Israel News - Haaretz.com
Sunday, November 29, 2020
Iran parliament demands end of nuclear inspections after murder | Middle East | Al Jazeera
Biden Could Score Another First at CIA - SpyTalk
A Historic Presidency – Patrick J. Buchanan – Official Website
Guest Post by Allan Brownfeld: THE STRANGE CASE OF JONATHAN POLLARD: PAROLE ENDS FOR A SPY FOR ISRAEL WHO WAS SURPRISINGLY Supported by many Americans.
THE STRANGE CASE OF JONATHAN POLLARD: PAROLE ENDS FOR A SPY FOR ISRAEL WHO WAS SURPRISINGLY Supported by many Americans.
——————————————————————————————
Jonathan
Pollard, a former U.S. Navy analyst convicted of spying for Israel in
the 1980s, had his parole ended on November 20. Pollard, who served 30
years in prison before being released in 2015, became a hero in Israel.
The Israeli government, ironically the largest recipient of U.S.
foreign aid in history, granted him citizenship in 1995. Israeli Prime
Minister Netanyahu regularly asked Presidents George W. bush, Bill
Clinton and Barack Obama to release Pollard and allow him to move to
Israel. Until now, no administration was willing to do so.
Pollard
was arrested in 1985 and accused of passing secret documents to the
Israeli intelligence service, including satellite photos of the
Palestine Liberation Organization’s headquarters in Tunis, which Israel
later used to guide airstrikes on the Tunisian capital. He pleaded
guilty in 1987 and was sentenced to life in prison.
The
scope of his espionage was so extensive that in the 1990s, then-CIA
Director George Tenet threatened to resign if President Clinton released
him. It is instructive to review the scope of Pollard’s espionage, the
funds he received from the Israeli government to spy upon its major
benefactor, and the support Pollard has received from many American
friends of Israel.
Pollard was
working as a civilian intelligence analyst for the U.S. Navy when he was
recruited by the Israeli Defense Ministry in the mid-1980s. He
delivered suitcases full of military intelligence to Israel, including
satellite photos and information on Arab military systems.
Pollard
claimed that the information was vital for Israel’s defense and was
being withheld by Washington. Prosecutors, however, maintained that
much of the information had nothing to do with vital Israeli security
interests and might have fallen into the hands of hostile nations. They
also said that Pollard was not motivated entirely by pro-Israel
sentiments , since he admitted accepting $50,000 in cash from Israel at
one point. Justice Department officials also contend that Pollard did
not cooperate with the investigation, as many of his supporters claim.
So
damaging to U.S. security was Pollard’s role that then-defense
Secretary Caspar Weinberger told Israeli Ambassador Meir Rosenne in 1987
that Pollard should have been executed. Joseph DiGenova, the
prosecutor who handled the Pollard case, said that the damage he did to
U.S. security was “beyond calculation.”
Assistant
U.S. Attorney Charles Leeper declared, “The defendant has admitted that
he sold Israel a volume of classified documents 10 feet by 6 feet by
6feet.” He said that Pollard provided Israel with thousands of pages,
including secret information on the location of American ships and
training exercises.
The U.S.
Government, at the time of Pollard’s trial, said that the damage
resulting from Pollard’s spying exceeded that caused by Ronald T.
Pelton, a former National Security Agency employee, who was convicted in
1986 of selling classified electronics surveillance secrets to the
Soviet Union.
“Pelton compromised
specific intelligence gathering methods in a specific area, and damaged
the U.S. position relative to the Soviet Union,” the prosecutors said.
But they added, “Pollard compromised a breadth and volume of classified
information as great as in any reported espionage case and adversely
affected U.S. interests vis-a-vis numerous countries, including,
potentially, the Soviet Union.”
Several
U.S. intelligence analysts believe that documents stolen by Pollard
were handed over to Moscow by Soviet moles within the Israeli
intelligence services.
Despite all of
this, the pro-Pollard movement became increasingly vocal. In 1993, a
campaign to persuade President Clinton to commute Pollard’s sentence was
launched. In a full page advertisement a wide range of Jewish leaders
urged President Clinton
“to demonstrate your
commitment to justice by commuting Jonathan Pollard’s sentence to the
time he has already served.” Among those signing this statement were
Rabbi Norman Lamm, president of Yeshiva University, Rabbi Arthur Green,
president of tge Reconstructionist Rabbinical College, and Rabbi Gerald
Zeller, president of the Rabbinical Assembly.
Many
rabbinical organizations joined in urging a commutation of the Pollard
sentence, including the Rabbinical Council of America and the New York
and Chicago Boards of Rabbis. Seymour Reich, past chairman of the
Conference of Presidents of Major American Jewish organizations, said,
“I urge the President to commute the sentence of Jonathan Pollard.” The
American Jewish Committee asked the President to review the case and
the board of the Jewish Community Relations Council voted to approve a
letter asking for clemency.
Some of
Pollard’s most vocal supporters even charge that his incarceration is
somehow based on religious prejudice. Thus, Rabbi Avi Weiss of of the
Hebrew Institute of Riverdale, New York wrote in the Los Angeles Times
that Pollard “remains incarcerated because of the improprieties,
prejudice, downright anti-Israelism and elements of anti-Semitism...now
he has become a political prisoner.”
While
major Jewish groups in the U.S. urged Pollard’s early release, many
prominent Jewish Americans sharply disagreed. One of these was Michael
Ledeen, who was a consultant to the national security adviser to the
President, to the undersecretary for political affairs at the State
Department and to the Secretary of Defense from 1982 to 1986. He stated
that, “American Jews who are mounting an impassioned campaign on behalf
of Jonathan Pollard are making a mistake—-a big mistake. The man
deserves everything he got, and more, both for the despicable acts he
committed and for the damage he did to the American Jewish community.”
Ledeen
argues that, “His oath didn’t give him the right to decide when or to
whom he could divulge our secrets. Moreover, while there is no doubt
that Israel ‘ran’ Pollard, he could not have been certain that his
controllers were actually who they claimed to be. If the KGB had set
out to recruit an agent like Pollard, they would most likely have
pretended to be officials of the Mossad.”
Former
New York City Mayor Ed Koch, who is Jewish, declared that, “There is no
excuse for Pollard to accept $150,000 from Israel for spying on America
and no excuse for Pollard to give Israel American codes...I think he
deserved the punishment he got.”
Despite
the rhetoric of Pollard’s defenders, he was never a “political
prisoner.” He was a convicted spy and there was never any evidence
available , or offered by his supporters, that he was innocent. David
Geneson, a federal prosecutor and one of the team who handled the
Pollard case as an assistant U.S. attorney, states that, “Not only did
Pollard solicit his monthly pay and enjoy two luxurious European trips
(unrelated to his espionage activities) at the expense of his Israeli
controllers , he demanded a raise from his most senior control officer
while the man lay in a hospital recuperating from surgery.
Jonathan
Pollard was clearly in it for the money. But his motivation seems to
have been more complicated. He grew up in a religious Jewish family
deeply committed to Zionism, to the idea, as Prime Minister Netanyahu of
Israel frequently proclaims, that Israel is the “homeland” of all Jews.
Jonathan Pollard clearly was confused about where his loyalties
properly belonged. The vast majority of American Jews believe that
Judaism is a religion of universal values and that religion and
nationality are separate and distinct. They understand very clearly
that their “homeland” is the United States and Judaism is their
religion, just as other Americans are Catholic, Protestant or Muslim.
Sadly,
Jonathan Pollard may be viewed as a victim of this Zionist worldview
and of Israel’s claim to speak for millions of men and women who are
citizens of other countries. He has paid a high price for his crime and
is now in poor health, as is his wife. He can certainly be viewed as a
tragic figure. If he decides to move to Israel, that country should
not view him as a hero, which many Israelis may do. If Israel views
itself as a friend of our country, which it repeatedly proclaims, it
should ask itself whether employing a spy such as Jonathan Pollard is
the way friends should treat one another.
The Other Holy Family - The Catholic Thing
Nick Thomm, former producer at Ave Maria Radio, dies at 41
Are you suffering? Our Lady of Fatima has these words for you
British archaeologist confident he has found Jesus' childhood home
Quo Vadis, Argentina? - The Globalist
The unbearable lightness of being Obama | US & Canada | Al Jazeera
Killing Iran’s nuke chief may hurt Israel more than he ever did in his life - Israel News - Haaretz.com
Japan’s bureaucracy must be digitally bulldozed - Asia Times
Carter Page Files $75 Million Lawsuit Against The FBI, Comey, McCabe, and Others – JONATHAN TURLEY
'Advent Is a Call to Hope; Faith Is a Love Story' - Pope Francis Ushers in New Liturgical Season in the Vatican (Full Homily) - ZENIT - English
Netanyahu ignores IDF generals, runs his own show
Mohsen Fakhrizadeh assassination: How the world reacted | Middle East | Al Jazeera
The pride of Israel: assassinations - Opinion - Haaretz.com
Naming What We All Know — Bishop Barron’s Sunday Sermon - YouTube
Saturday, November 28, 2020
Fire Homily! Don't Live the Double Standard with COVID - YouTube
Designating the Houthis as Terrorists Would be a Mistake - Defense One
What could Trump do to tank the economy out of vengeance? What Republicans have done for years | Salon.com
Here comes President Joebama | Spectator USA
Religion Is an ‘Identity,’ Not a ‘Hobby,’ New Survey Finds
Under a Biden Administration Get Ready For Nationwide Blackouts
Trust Deficit Endangers Benefits from Vaccine Due Next Month
The inexorable rise of Jake Sullivan - POLITICO
Special Report: Evangelical Christianity In Crisis – End Of The American Dream
Nuclear scientist is assassinated inside Iran — and ‘NY Times’ ignores Israeli/Trump motive: goad Tehran into retaliating – Mondoweiss
France Is About to Become Less Free - The Atlantic
Khamenei Calls for 'Definitive Punishment' In Revenge For Slain Scientist | Asharq AL-awsat
Why I’m Losing Hope in India
Killing of Iranian nuclear scientist: Rouhani blames Israel, vows to respond at 'right time' - The Washington Post
Russia's Sputnik V developers call on AstraZeneca to try combining vaccines | Reuters
Trump might leave scorched earth on his way out. Netanyahu is happy to lend him a lighter - Israel News - Haaretz.com
China increases coal import quotas but Australia likely to be excluded | China | The Guardian
Friday, November 27, 2020
A growing number of Americans are going hungry - Washington Post
Rich donors don’t make great ambassadors - The Boston Globe
Tulsi Gabbard Asks Trump to Pardon Snowden and Assange for ‘Exposing Criminality of Deep State’ - Sputnik International
Augustine’s True Story - The Catholic Thing
Twitter Criticized as ‘Burn the Clergy’ Hashtag Trends in Spain| National Catholic Register
If Voters Had Known About 8 Stories Media Ignored, Trump Would Have Won, Says Media Watchdog
Trump says he'll leave White House if Biden declared winner of Electoral College | TheHill
Supreme Court overturns NY church restrictions, Brooklyn bishop says religion 'essential' during pandemic
The Fight to Win Latino Voters for the G.O.P. - The New York Times
Book Review: ‘A Promised Land,’ by Barack Obama - The New York Times
'At Christmas, Let’s Listen to Grandparents and Elderly' - Vatican Issues Invite to Treasure Their Wisdom - ZENIT - English
Deplorables, or Expendables? | The American Conservative
A Vaccine Won’t End the Pandemic in Rural America | Foreign Affairs
Fear and Loathing on the House Intelligence Committee - SpyTalk
Glenn Greenwald: Nothing Trump Did Compares to the ‘Moral Evil’ of Bush’s and Obama’s Wars – Reason.com
Thursday, November 26, 2020
Powell Lawsuit in Michigan Alleges ‘Dominion Computer Fraud’ and ‘Illegal Conduct’ by Election Workers
North Korea’s trade with China is in freefall, rapidly approaching zero: customs | NK PRO
Where Is Mary in the Bible? | St. Paul Center
Trump Administration Abruptly Ousts Leading Experts From Top Pentagon Advisory Group
Here’s What Lame-Duck Trump Might Do
CPUC Head Threatens PG&E Takeover Action on Wildfire Safety – NBC Bay Area
Federal judge demands Zogg Fire details from PG&E | abc10.com
China mulls new rules on foreigners to 'prohibit religious extremism' - CNN
For What Are America's Wealthy Thankful? A Worsening Culture War - TK News by Matt Taibbi
U.S. Billionaires Grow Wealth By Over $1 Trillion Since Pandemic Began: Report | HuffPost
What If We Aren't Living in the End Times? | The American Conservative
Trump Announces Michael Flynn Pardon in Thanksgiving Eve News Dump - Rolling Stone
Members of Congress finding agreement on a tech antitrust agenda - Axios
How Joe Biden’s victory paves the way for a global corporate tax rate | South China Morning Post
U.S. China Policy Under Biden: New Ground or Back to the Past? | China Law Blog
Pope Francis takes aim at anti-mask protesters: ‘They are incapable of moving outside of their own little world’ - MarketWatch
Pretty Soon There’ll Be Just One Big Book Publisher Left | The New Republic
Could Google Soon Face... Competition? - BIG by Matt Stoller
US National Collection Helps Religious Orders Care for Their Elderly Members - ZENIT - English
Freedom and Spiritual Inheritance - The Catholic Thing
'Why now?' Dismay as US considers troop pullout from Somalia - Africa - Stripes
ArabDigest.org: Aramco IPO: milestone or millstone?
|
On Monday Houthi forces fired a missile that struck Saudi Aramco’s North Jeddah Bulk Plant. Saudi authorities said domestic fuel supplies were not affected by the attack, with operations resuming three hours after the event.
To be fair to the optimists, even the most cautious Cassandras did
not factor in Covid-19 (even though we now know it was already ‘out
there ’ a year ago) and its devastating impact on the global economy.
Given this additional burden, which has pushed Brent down to no more
than US$46 pb since early March (and, at times, as low as US$20 pb),
Aramco deserves credit for sticking to its promised dividend payments,
as set out in the press release on the company’s 2020 Q3 results.
On the face of it, this has not really helped Aramco’s share valuation,
up just 0.7% on the year (i.e. about 13% above the IPO price). But
compare this to the 40% fall in the value of the shares of BP and Shell,
both of which have cut dividends to preserve cash, and the benefit is
much clearer. (The corollary of this is, of course, that, outside of the
dividend, Aramco’s share valuation, which underpins the company’s
US$1.9tr valuation, looks to be far too generous.)
Furthermore, the Kingdom itself, struggling to plug a double-digit budget deficit , would be in an even deeper hole were it not for Aramco’s dividend pay outs, of which it receives the lion’s share.
But there is a non-negligible price to pay.
Most immediately — and in addition to ongoing job-shedding and other cost-cutting measures — for the first time since its successful April 2019 issuance, Aramco was forced to return to the debt market earlier this month to raise US$8bn to help pay the Q3 dividend of US$18.75bn. This was necessitated by the whopping 45% fall in profits in the quarter.
Aramco is fortunate in that the quest for yield in the current monetary climate is such that quality emerging market debt is always going to be highly sought — and interest rates on such debt commensurately affordable (in this case only slightly higher than Saudi government bonds). Nevertheless, debt is still debt and this latest issuance, coupled with the loans taken out to acquire the petrochemicals manufacturing giant SABIC, has taken Aramco’s gearing (i.e. the measure of debt relative to equity) to 21.8%, well above its 5-15% target range.
This, in turn, has longer-term consequences.
Press reporting points to a major reassessment of plans to get into refining in both China (a joint venture announced during Crown Prince Mohammed bin Salman’s visit to the country last year) and India, in partnership with Reliance. Furthermore, according to the Wall Street Journal (subscriber access only), a US$6.6bn expansion of the Motiva refinery in Texas is, at best, on hold; and a proposed natural gas collaboration with Sempra Energy in the US may fall through. Other deals, also being subjected to an internal review process launched in September, may be scaled back or scrapped despite the negative implications not only for Aramco’s long-term profits but also for the Kingdom’s standing geopolitically.
However, as always with Aramco its prospects hinge overwhelmingly on the oil price. Even a ppb for Brent of US$46 suggests that investors, buoyed by recent announcements on vaccines, believe that the end may now be in sight as far as the worst economic consequences of Covid-19 are concerned. Nevertheless, having skimmed through a range of forecasts for oil prices through 2021 (and putting to one side outliers like Goldman Sachs) things still do not look too great for Aramco on this count. Notably, the authoritative International Energy Agency currently has Brent averaging just US$46.59 in 2021, which is about par.
Personally, I am firmly in the more conservative camp. For sure, the recent news on vaccine development is very encouraging. But there is still a long way to go on production and distribution, not least determining who is going to pay for mass vaccination in developing countries, as German Chancellor Angela Merkel remarked at the recent G20 summit.
As for the world’s biggest economy and oil consumer, the United States, job losses are already surging again and it is patently clear that nothing is going to change policy-wise this side of 20 January — with the possible exception of Congress passing a (too?) modest fiscal stimulus bill. And when Joe Biden is sworn into office, he will face major hurdles getting Covid-19 under control and the economy back on track, even putting to one side the non-negligible probability that a critical mass of Americans will refuse to be vaccinated. Furthermore, although the roll-out of Mr Biden’s climate agenda will also face domestic challenges and will not by any means be a rapid game-changer, the mere fact of the world’s four largest economies - China, the EU, Japan and the US - being politically aligned on this issue does highlight the relevance of the peak oil demand question explored (again) in the 28 September newsletter.
All this being said — and for all its perceived flaws at the time — the Aramco IPO was undoubtedly a milestone, both for the company and for Saudi Arabia at large. However, the guaranteed dividend incentive looks, if anything, to be even more of a millstone around the company’s neck than was the case at the IPO launch a year ago. And one which is not going away any time soon.
Is emergency use authorization the best way to get a COVID-19 vaccine to the public? - Bulletin of the Atomic Scientists
US Supreme Court sides with religious groups on virus rules
JMD on NB: Vision or Mirage: Saudi Arabia at the Crossroads
UN report: Israel’s blockade has devastated Gaza economy | PBS NewsHour
'Pro-Israel': How a term hijacked by the right could decide who controls the U.S. Senate - U.S. News - Haaretz.com
Sidney Powell Files Lawsuit in Georgia Alleging ‘Massive Election Fraud’
Wednesday, November 25, 2020
France's state-sanctioned Islamophobia is the biggest threat to the republic | Middle East Eye
Understanding Iran's Foreign Policy | The American Conservative
Trump pardons former national security adviser Michael Flynn, who pleaded guilty to lying to the FBI - The Washington Post
OMB Lists Positions Stripped of Job Protection Under Trump Order | RealClearPolitics
BREAKING: Trump pardons former national security adviser Mike Flynn | Just The News
Trump administration to begin delivering Regeneron COVID-19 treatment on Tuesday | TheHill
US set to designate Iran-backed Houthi militia as terrorist organization | Al Arabiya English
Biden Must End Forever Wars
Trump Was No Fluke: George W. Bush Blazed the Trail | Common Dreams Views
Lawyer Katherine Tai a Congress favorite for Biden trade czar | Reuters
Saudi Aramco’s Landmark IPO Is Costing The Kingdom Billions | naked capitalism
Coronavirus: Qantas COVID-19 vaccine stance distanced from global airlines
Netanyahu, MBS concur on Iran, but normalization no closer
Pope Francis at General Audience: 'God Gives Love, God Asks for Love' (FULL TEXT) - ZENIT - English
The Syrian People Have Been brutally Driven Into Poverty - ZENIT - English
Statement from Governor Andrew M. Cuomo on Nuclear Regulatory Commission Approval of Entergy's Sale of Indian Point | Governor Andrew M. Cuomo
Peace Groups Blast Biden's DNI Pick Over Links to Drones, Torture, and Mass Surveillance - Antiwar.com Original
A Long-Forgotten CIA Document From WikiLeaks Sheds Critical Light on Today's U.S. Politics and Wars - Glenn Greenwald
With Blinken and Sullivan, Biden Has the Foreign-Policy Team Obama Always Wanted
Biden pick for US spy chief played key role in Obama's covert drone war - Business Insider
Key Democrat warns Biden not to nominate Mike Morell as CIA director - CNNPolitics
A Cluster-Randomized Trial of Hydroxychloroquine for Prevention of Covid-19 | NEJM
Covid-19 roundup: Russia prices vaccine ‘two or more times cheaper’ than mRNA shots; Sinovac PhIII data expected in early December – Endpoints News
Developing Safe and Effective Covid Vaccines — Operation Warp Speed’s Strategy and Approach | NEJM
Oxford-AstraZeneca Vaccine Is Cheaper than Pfizer’s and Moderna’s and Doesn’t Require Supercold Temperature | naked capitalism
The Coming Deadly Covid Winter | naked capitalism
Governors take heat for violating their own coronavirus restrictions | TheHill
China’s free trade embrace a clarion reform moment - Asia Times
Court reduces sum Bedouin must pay Israel for demolition of their unrecognized village - Israel News - Haaretz.com
VIDEO: Top Biden advisors Flournoy and Blinken promise smarter, more secretive permanent war policy | The Grayzone
Fr. Warren's Week Reflection 34th Sunday - Christ the King
|
|
||||||||||||||||||||
|
||||||||||||||||||||