February 21, 2012
Want to remember what Zine el-Abidine Ben Ali was like? Just walk down the Avenue Habib-Bourguiba – until a few weeks ago still cordoned off by armoured vehicles and barbed wire – and drop by your local bookshop for Z’s wonderful Révolution! Des années mauves à la fuite de Carthage. Z always painted Ben Ali’s sycophants purple; his cartoons were the joy of the revolution, Ben [...]
From A-Z, the Arab Spring is Fake.
December 13, 2011
The BBC hails Tunisia’s assembly and their election of a new president in their article, “Tunisian activist, Moncef Marzouki, named president.” What the BBC predictably fails to mention is that Marzouki’s organization, the Tunisian League for Human Rights, was a US National Endowment for Democracy and George Soros Open Society-funded International Federation for Human Rights (FIDH) member organization.
Photo: Tunisia’s new “president,” Moncef Marzouki, a [...]
Tunisians have voted in their first truly free elections.
Tunisian election officials are counting votes after Sunday’s election, the first free poll of the Arab Spring.
More than 90% of registered voters turned out to cast their ballots, officials say.
Tunisians are electing a 217-seat assembly that will draft a constitution and appoint an interim president, who will choose the new government.
The moderate Islamist party Ennahda is expected to win the most [...]
(Reuters) – Libyan rebels said on Monday they had seized a second strategic town near Tripoli within 24 hours, completing the encirclement of the capital in the boldest advances of their six-month uprising against Muammar Gaddafi.
In a barely audible telephone call to state television overnight, a defiant and apparently isolated Gaddafi called on his followers to fight rebels he referred to as “rats.”
Preface: While conservatives are against redistribution of wealth and liberals want to tax the affluent, conservatives and liberals, the affluent and the less well-heeled should all agree that we have to stop the surge in inequality from rising further:
As Robert Shiller said in 2009:
And it’s not like we want to level income. I’m [...]
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Protesters in Syria report 60 people killed by security forces – the highest death toll in five weeks of unrest against President Bashar al-Assad.
Demonstrators were shot when they gathered following Friday prayers, a day after the country’s decades-long state of emergency was lifted.
Many deaths reportedly occurred in a village near Deraa in the south, and in a suburb of the capital, Damascus.
The US White [...]
Libyan rebels arrive at the frontline on the outskirts of Ajdabiya, March 21, 2011.
(Credit: AP Photo/Anja Niedringhaus)
At a briefing by the British Defense Ministry this morning, Maj. Gen. John Lorimer said the launch of allied military operations is having “a very real effect protecting Benghazi from Col. Qaddafi’s forces.” Lorimer said Qaddafi’s attack on the city and its population has been stopped in its tracks. [...]
(Reuters) – Arab uprisings that have spread to the conservative Gulf region face a crucial test this week in Saudi Arabia where activists have made unprecedented calls for mass protests against the kingdom’s absolute monarchy.
Gulf leaders are struggling to hold back an Internet-era generation of Arabs who appear less inclined to accept arguments appealing to religion and tradition to explain why ordinary citizens should be shut out [...]
Since the start of the Libyan revolution on Feb. 17, Libyaâ€™s first lady Safia Farkash has not been in the limelight unlike her Tunisian and Egyptian counterparts even though she is known for her enormous wealth and considerable influence, Al Arabiya reports.
Safia Farkash owns an airline company called Buraq Air headquartered in the Mittiga International Airport in the Libyan capital Tripoli. Farkash operates the company [...]
Ms Alliot-Marie said she had committed no wrongdoing
Embattled French Foreign Minister Michele Alliot-Marie has announced her resignation after weeks of criticism over her contacts with the former Tunisian regime.
But she said she had done no wrong, and launched a strong attack on the media.
A veteran conservative politician and cabinet minister, she had been in her new job for just three months.
President Nicolas Sarkozy has announced she [...]
by Gerald Pechenuk
Lyndon LaRouche, when briefed on today’s food riots in Bolivia, the wheat price shock hitting the Maghreb, Egypt, and other crises, issued the policy call: slap controls on food prices now! “What we do need to have, we need to have a limit, a protection, a control of food prices.”
He said, “We need to slap a control on it now. [...]
By Ari Shavit
Two huge processes are happening right before our eyes. One is the Arab liberation revolution. After half a century during which tyrants have ruled the Arab world, their control is weakening. After 40 years of decaying stability, the rot is eating into the stability. The Arab masses will no longer accept what they used to accept. The Arab elites will no longer remain [...]
The man was 26-year-old Mohamed Bouazizi, the struggling Tunisian street vendor who committed suicideâ€¦setting himself afireâ€¦after his produce was confiscated by authorities because he had no permit. An unemployed graduate student, he was selling olives and oranges to support his family of eight and had been humiliatedÂ when he thenÂ went to ask for a permit andÂ was denied.Â With cell phones and rocks, Tunisians took [...]
The one country landlocked between Tunisia and Egypt has so far been oddly silent. Not so much any more. Al Jazeera reports that the Libyan government has imposed a state of emergency for “fear of demonstrations and rallies” comparable to those in Tunisia and Egypt. And ranked 17 in the world for oil production (and 9th in proven reserves), this is one that crude HFT algos [...]
Egyptian, Tunisian and Yemeni protesters all say that inequality is one of the main reasons they’re protesting.
However, the U.S. actually has much greater inequality than in any of those countries.
Specifically, the “Gini Coefficient” – the figure economists use to measure inequality – is higher in the U.S.”
Gini Coefficients are like golf – the lower the score, the better (i.e. the more equality).
According to the CIA World Fact Book, the U.S. [...]
After all the banks have been in purgatory where they have had to subsist on bonuses that average just over $300k for JPM (and $400k for Goldman): how on earth are they supposed to do that. During a Davos session Dimon lashed out at persistent bank bashing nearly three years after the global credit crisis began, saying it was “unproductive and unfair.. Not all banks are [...]
Presumably outright lies (and being caught) are the last bastion before even such ultra low price point retailers are finally forced to hike their prices. Bloomberg explains further: “Authorities in cities including Shanghai, Chongqing, and Kunming discovered incidents at local Wal-Mart and Carrefour outlets that included labeling on products with prices that didnâ€™t match what shoppers were charged at payment, exaggeration of discounts [...]
Nic Lenoir of ICAP
The data calendar is very light this week. The most of important piece of data is the Empire manufacturing survey which will or will not confirm recent uptick in industrial production. Claims will be of note as well after last week’s uptick. We are still far from seeing a trend confirming the job market is on stable footing. If this continues we [...]
Latest on Tunisia:
Twelve people were killed in overnight clashes in the Tunisian capital Tunis and the northeastern town of Ras Jebel, according to accounts from two medical sources and a witness on Friday.
Ten of the victims were killed after clashes in the capital, two sources from Charles Nicolle hospital told Reuters.
A witness from Ras Jebel, who identified herself as Narjes, said: “I saw two dead [...]