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Besieged bankers offered legal lifeline
Aug10

Besieged bankers offered legal lifeline

Bankers worried over UK’s toughening stance toward financial offenders are offered a legal lifeline by a London law firm specialising in private prosecution service. The banking community was rocked by the sentencing 3 August 2015 of Tom Hayers, 35, for rigging the London Interbank Offered Rate (Libor). The 14 years in jail handed down to the former UBS and Citigroup yen derivatives trader was seen by some City circles as too...

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Turkey complicates the fight against ISIL
Jul28

Turkey complicates the fight against ISIL

Turkish diplomatic and military moves are complicating the fight against Daesh aka Islamic State, ISIL or ISIS. Today (28 July 2015) Turkey is hoping to widen European/NATO support for its military offensive in Syria whose ultimate aim remains far from clear. The Turkish attacks in Syria are seen in the West as helping the fight against ISIL. From Kurdish standpoints these attacks are aimed at crushing the Kurds. Are the Turkish hits...

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Iran nuclear deal: The view from IISS
Jul22

Iran nuclear deal: The view from IISS

Few nuclear agreements in the technology’s history have been so transformative for the protagonists as the Iran nuclear agreement. Not only has the 14 July 2015 deal plucked Iran out of international isolation (as perceived in the West, though Iran never was ostracised internationally as such) it has also brought the industrial world arrayed against it the promise, as Iran reopens to western business, of timely relief from its...

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Some guys just wanna have nuclear fun
Jul22

Some guys just wanna have nuclear fun

The return of Iran (did we miss it or did Iran?) to the international arena, wherever that is, and worse still Iran’s vindication of sorts in a cunningly crafted nuclear deal has sent some people aflutter. A bit like minarets and tall structures in the unlikeliest of places, everyone in the Middle East now wants to have a nuclear reactor — to start with, that is. It’s something to do with a perceived threat. As...

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All clear for ‘Iran gold rush’
Jul22

All clear for ‘Iran gold rush’

The Iran nuclear deal means the stage is set for a Gold Rush to Iran to commence. Curiously, this is something on which the media in Iran as well as those outside seem to agree outright. Take the phrase ‘gold rush’ itself. It has been used by Iran’s Press TV as well as that temple of western punditry, The Economist, as well as, ahem, Russia. So there must be something in it. The question that remains to be answered...

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Left to rot? The pungent fruit of NATO in Libya
May10

Left to rot? The pungent fruit of NATO in Libya

Can the aftermath of NATO’s 2011 invasion of Libya get any worse? And how safe is Europe amid the heartbreak of the lottery of life that’s the Mediterranean crossing for people seeking safety and shelter? A damning new report from Amnesty International spells out what’s happening. Refugees and migrants across Libya face rape, torture and abductions for ransom by traffickers and smugglers, as well as systematic...

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