The left resurgent in Australian State election


Timidity the likely cause for conservative electoral loss in the weekend’s Victorian State election.The loss by the incumbent conservative Liberal / National coalition government in Victoria, to the State Labour left is a warning to the current Australian Federal conservative Abbott administration. Continue reading

Update: Dateline Cairo, el-Sissi battles Muslim Brotherhood supporters


A coalition of several radical Muslim Brotherhood youth groups named as ‘The Road to Revolution Front’ has called for street protests across eleven Egyptian universities. The opposition comes, as news from the Egyptian Court of Appeals that the former President Mubarak has been found not guilty of the murders of hundreds of Muslim Brotherhood supporters. His acquittal, on technical grounds involving, inadmissibility of evidence. Over 100 MB supporters have been arrested, 2 were killed and 13 injured by Police and security forces, using tear gas and rubber bullets. Egyptian government will not allow MB supporters any ‘oxygen’ and will actively suppress any groups who support the MB, through the strict imposition of laws banning unauthorised demonstrations that threaten national security.

International Quantitive Easing QE fears spark physical gold movements worldwide

The financial crisis in Europe is prompting some nations to repatriate their gold reserves to national vaults. The Netherlands has moved $5 billion worth of gold from New York, and some are calling for similar action from France, Switzerland, and Germany.

An unmatched pace of money printing by major central banks has boosted concerns in European countries over the safety of their gold reserves abroad. Continue reading

Who’s who in the Syrian Zoo


The Obama administration’s current strategy for defeating the Islamic State (aka ISIS, ISIL, or Daesh) is doomed to fail, International Crisis Group Syria analyst Noah Bonsey writes in Foreign Policy.

Bonsey argues that America’s Iraq-first outlook is emboldening Syrian President Bashar al-Assad and marginalizing mainstream Syrian rebel factions fighting both ISIS and the regime.

Obama recently said that the US is not actively discussing ways to remove Assad from power. The main US-backed rebel group was recently routed by al-Qaeda’s Syria affiliate. Continue reading