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EUR/USD: Overshoot; Technicals Point To A Tactical Retracement; Levels & Targets – Barclays

EUR/USD is drifting higher, but in a relatively narrow range. Has it gone too far? Here is the view from Barclays: Here is their view, courtesy of eFXnews: Barclays Capital FX Strategy Research argues that EUR/USD has likely overshot and expects monetary policy divergence to remain an important element for a tactical retracement. Barclays also notes […]

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Trump’s Budget Brinkmanship Soured Sentiment

The same old tactic! Donald Trump again plays his budget brinkmanship, threatening a government shutdown if the Congress refuses to approve funding to build the border wall with Mexico. Market sentiment soured, just a day after it was lifted by comment…

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Saudi crown prince briefs Cabinet on completion of Hajj preparations

Author: 
Arab News
Thu, 2017-08-24 03:00
ID: 
1503525222775184200

RIYADH: Crown Prince Mohammed bin Salman on Tuesday briefed the Cabinet on the completion of Hajj preparations in line with the king’s directives to fully serve all pilgrims.
Chairing the Cabinet session at Al-Salam Palace in Jeddah, the crown prince said the Kingdom will spare no effort to serve pilgrims.
The Cabinet thanked King Salman for allowing Qatari pilgrims to enter the Kingdom via the Salwa border crossing without electronic permits.
It also thanked the king for his directives to send Saudi Arabian Airlines aircraft to Doha to transport Qatari pilgrims, and to host them at his expense.
The Cabinet expressed the Kingdom’s strong condemnation of terror attacks in Nigeria, Spain, Russia and Finland that resulted in many deaths and injuries.
It stressed the Kingdom’s firm rejection of terrorism, and urged the international community to unify efforts to combat it.
The Cabinet authorized the minister of energy, industry and mineral resources, or whomever he authorizes, to discuss with China a draft memorandum of understanding (MoU) between the two governments to establish a Saudi-Chinese investment fund.
The Cabinet authorized the minister of justice, or whomever he authorizes, to discuss with China a draft judicial cooperation agreement between the two countries.
It authorized the minister of culture and information, or whomever he authorizes, to discuss with China an MoU on cooperation in the field of information.
The Cabinet approved an MoU on cooperation between the Saudi and Japanese governments on regulating procedures of granting visit visas to citizens of the two countries.
It approved an MoU on cooperation between the education ministries in Saudi Arabia and China.
The Cabinet approved the Kingdom joining a multilateral agreement on the automatic exchange of financial account information, which was signed in Tbilisi, Georgia.
It approved the regulation on non-disclosure of information for tax purposes, in line with agreements to which the Kingdom is party.
The Cabinet approved the government bearing fees for entry visas of committees for pilgrim affairs and organizers of pilgrim arrivals for the current Hajj season.
It also approved the government bearing fees for entry visas of seasonal workers for the current Hajj season.
The Cabinet approved implementation of decisions by the Gulf Cooperation Council (GCC) Supreme Council in its 36th session in Riyadh on equality of its members’ citizens in terms of health care.
It approved the system for distribution of dry gas and liquid petroleum gas for residential and commercial purposes.
The Cabinet approved regulations related to the termination of services of military officers and financial benefits to be paid to them.
Later, the crown prince met with US delegation includes Jared Kushner, senior adviser to the US President Donald Trump; Jason Greenblat, US special representative for International Negotiations; Dina Powell, US deputy national security adviser for strategy; and Tim Lenderking, deputy assistant secretary of state for Arabian Gulf Affairs.
The two sides agreed to advance their shared goal of working toward a genuine and lasting peace between the Israelis and the Palestinians, and ensuring security, stability and prosperity across the Middle East. They also discussed the continued development of the Global Center for Combating Extremist Ideology (GCCEI).

Meanwhile, the US delegation also met with Abu Dhabi Crown Prince Mohammed bin Zayed Al-Nahyan. The two sides affirmed their close relationship and committed to strengthen cooperation. They stressed their shared priority of cutting off all support for terrorists and extremists.

Main category: 
related_nodes: 
Arab News launches ‘Hajj App’ in partnership with Muslim World League
Saudi Arabia continues to welcome Yemeni Hajjis
Security, service sectors intensify Hajj efforts

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Globalist Strategy Exposed: Use Crazy Leftists And Provocateurs To Enrage/Demonize Conservatives

Authored by Brandon Smith via Alt-Market.com,

The false left/right paradigm is an often misunderstood concept. Many people who are aware of it sometimes wrongly assume that it asserts the claim that there is “no left or right political spectrum;” that it is all a farce. This is incorrect.

In regular society there is indeed a political spectrum among the general populace from socialism/communism/big government (left) to conservatism/free markets/individualism/small government (right).

Each citizen sits somewhere on the scale between these two dynamics. The left/right spectrum is in fact real for the average person.

We do not find a ” false” paradigm until we examine the beliefs and behaviors of the elitist and political classes. For many banking oligarchs and high level politicians, there is no loyalty to a particular political party or an identifiable “left” or “right” ideology. Many of these people are happy to exploit both sides of the spectrum, if they can, to achieve the goals of globalism; a separate ideology that doesn’t really serve the interests of groups on the left or the right. That is to say, globalists pretend as if they care about one side or the other on occasion, but in truth they could not care less about the success of either. They only care about the success of their own exclusive elitist club.

This reality also tends to apply to national loyalty as well. Globalists do not carry any ideological love for any particular nation or culture. They are more than happy to sacrifice and sabotage a country if the action will gain them greater power or centralization in return. A globalist is only “Democrat” or “Republican,” or American or Russian or Chinese or European, etc., insofar as the label gets them something that they want.

The reason globalists and the people that work for them adopt certain labels is because through this they can act as gatekeepers and better manipulate the masses. The hot button issue of the week provides us with a case in point…

The organizer of the “Unite The Right” group during the Charlottesville circus, which ended in one death and numerous injured, happened to be an ideological playmate of the extreme left only a year ago. Jason Kessler seemed to come out of nowhere as a leading figure in the white identity or “white nationalist” movement in 2017, but in 2016, he was an avid supporter of Barack Obama, and before that, an active champion of the Occupy Wall Street movement.

I suppose anyone can change their ideological worldview over time, but I’m certainly not stupid enough to believe that Jason Kessler went from hardcore leftist to white nationalist in less than a year. Though it cannot be proven conclusively that Kessler is a provocateur, he certainly idolized the position. Kessler is quoted in his own blog on December 12, 2015, (now shut down but archived) as stating:

“I can’t think of any occupation I admire more than the professional provocateur, who has the courage and self-determination to court controversy despite all the slings and arrows of the world.”

This is not the first time white nationalists have been exploited by agent provocateurs to make the “political right” in general look bad. And, it is certainly not the first time white nationalists have been discovered to be working directly for the federal government. Klu Klux Klan leader Bill Wilkinson openly admitted to being a FBI informant and cooperator in 1981. Hal Turner, a white supremacist radio personality notorious for calling for the deaths of judges and lawmakers, turned out to be a provocateur paid by the FBI to drum up extremism. He was exposed in 2009 after his arrest led to his admission that almost everything he did was “at the behest of the Federal Bureau of Investigations…”

Why would the government seek to instigate white nationalist groups into violence? Well, you have to examine the larger narrative here.

Anti-conservative propaganda has been overwhelmingly one-track over the past several years. If you are well educated on the activities of deceit machines like the Southern Poverty Law Center, you understand that the thrust of all of their operations has been to tie white nationalism directly to conservative organizations even if there is no connection. I call this “guilt by false association.” Keep in mind that the SPLC cooperates closely with government agencies like the DHS and their “Working Group To Counter Violent Extremism” to create profiling techniques to identify “right wing extremists.” Meaning, their skewed propaganda is often what the media and government agencies use as a reference when writing articles or implementing policy.

The SPLC is inseparable from the mainstream media and government agendas dealing with conservatives.

In order to justify the madness and violence of the left in recent months, it is more important than ever for the establishment to maintain the lie that conservatives are also all violent racists and “fascists” that need to be destroyed. Propaganda alone is rarely enough to make such notions stick in the public consciousness. Sometimes, provocateurs are needed to “stir the pot.”

However, this is only half the equation of the American civil war being engineered before our eyes.

In my article ‘The Social Justice Cult Should Blame Itself For The Rise Of Trump’ published in August of 2016, I warned that Trump would indeed win the presidential election and that this would actually serve the interests of establishment elites. In the article, I outline the classic division that globalists have used for decades to divide and conquer societies as well as conjure instability and even geopolitical conflicts — namely the communist versus fascist division.

The political left in the U.S. has gone “full retard” as they say, and it is my belief that this is by design. George Soros, an avid globalist and Nazi-collaborator that now pretends to be a “Democrat” (remember, in reality these people have no loyalty to either side), is a prominent figure behind the funding and strategy initiatives of far-left groups like Black Lives Matter and others related to Antifa activities.

The current behavior of SJW groups like Antifa is similar in numerous ways to the actions of Maoists in China during the Cultural Revolution. Maoists sought to erase all vestiges of China’s “imperialist history” in a wave of violence that resulted in the destruction of priceless pieces of Chinese historical significance, and the prosecution of political opponents. This unchecked fervor eventually culminated in mass killings of anyone found to be a heretic of the new social justice religion. The only group to truly benefit from the rabid outburst was Mao and the elites of China’s political establishment.

The left’s uncomfortably similar war against confederate statues in America is not about slavery, and it’s certainly not about a respect for life (if that were the case, they would have admonished the shooting of Congressman Steve Scalise by a Bernie Sanders supporter as much as they wailed about the killing of Heather Heyer by a white nationalist).  Where was all the outrage from the left over Scalise?  And, where was the outrage over Confederate statues during Barack Obama’s presidency?  Why isn’t the left blaming him for the continued existence of these “racist” landmarks?

Clearly, none of these statues glorify slavery in any way, they merely represent a piece of America’s past which was far more complex than poorly educated SJW lunatics are able to comprehend. Of course, they don’t care about real history, they only care that the issue of confederate statues as a means by which they can implement deconstruction of American cultural heritage, which is predominantly conservative in ideals.

What the left wants is to START with confederate statues because this is easiest to for them to rationalize to the public, then move on to the founding fathers, then to the Constitution and round out their assault with the erasure of conservative thought altogether.

What globalists like George Soros want is to encourage leftists to pursue this goal, but not necessarily with the expectation that they will succeed. In fact, the globalists are about to throw the leftists to the wolves.

My readers are well aware of my position on the Trump presidency. I said it before his election and I continue to hold to my prediction to this day; Trump is either a patsy and a scapegoat for the inevitable economic and social crisis that has been brewing within America for years, or, he is a pied piper and willing participant in the scheme. Either way, conservatives are being lashed to the hull of Trump’s Titanic, and when it sinks, we are all supposed to go down with it.

The social justice cultism of leftists, growing ever more heinous and illogical, is MEANT to push conservatives not just into the arms of the Trump White House, but it is also meant to push us towards a more totalitarian mindset. The more aggressive the left becomes, the more inclined the right will be to use government as a weapon to pulverize them with an iron fist. This is exactly what globalists want, for once conservatives abandon our Constitutional principles in the name of defeating the left we will have become the monster we have always sought to defend against. We will have lost the long game, and the globalists will have us exactly where they want us.

Communism and fascism are two sides of the same coin. Both ideologies were originally developed and funded by international banks and conglomerates in the early 20th century. For undeniable evidence of this I recommend reading works of Antony Sutton, including Wall Street And The Bolshevik Revolution, as well as Wall Street And The Rise Of Hitler.

Communism is a totalitarian/collectivist model based on the fraudulent premise that the strongest and most successful in a society must be diminished or erased in order to elevate the weak and unsuccessful. All based on the assumption that the strong must have risen to their position through oppression and exploitation. Through this erasure they hope to create “equality.”

 

Fascism is a totalitarian/collectivist model based on the fraudulent premise that the weak and unsuccessful in a society must be diminished or erased because they are a parasitic drain on the strong.

Both rely heavily on the power of government, the blind servitude of the majority and the use of terror to achieve their goals.

Neither of these systems is compatible with conservative philosophy and both of them act as a catalyst for greater centralization and less freedom, which the globalists benefit greatly from. In fact, if you believe in the force of big government and the collectivist mindset then you CANNOT call yourself a conservative. The two worldviews are mutually exclusive.

Conservatives can, though, be corrupted, just like anyone else. In the case of the present day, conservatives are being stabbed with a thousand needles by the left, luring us into a mindset of vengeance and rage. We are also being falsely associated with white nationalist movements (many of them operated by agent provocateurs) that do often promote fascism as if it is some kind of “misunderstood” elixir of stability and utopia. I think it is clear that regardless of who wins — fascists or communists, conservatives are the primary target.

It is my view that the left is cannon fodder in this agenda. They are being wielded like a blunt instrument; a battering ram composed of useful idiots, a buzzing of flies and mosquitoes. Conservatives will be encouraged to act against constitutional values in order to stop this threat in the most brutal way. The time is coming when we will have to make a choice – stand by our values and fight the left the hard way, or abandon our values and serve the globalists by adopting their methods of government totalitarianism. It is my hope that enough of us will stand by the constitution and conscience in this schizophrenic era and disrupt the tides of madness before they erode our nation completely.

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Modern methods used to disseminate info among Hajj pilgrims

Author: 
ARAB NEWS
Thu, 2017-08-24 03:00
ID: 
1503526130025253600

JEDDAH: The Ministry of Islamic Affairs, Call and Guidance said its programs to educate pilgrims for the current Hajj season are based on scientific foundations and advanced means of disseminating information.
They explain the rituals in a modern and innovative way based on studies, research, monitoring and evaluation of results over the past years, the ministry added.
“These programs were prepared according to mechanisms for implementing educational programs, and how to produce and disseminate them in a manner suitable for pilgrims,” the ministry said.
The programs include the use of social media as well as traditional means such as voice messages and films.
“The plan focuses on disseminating the meanings of moderation and intellectual moderation, and how we strengthen and disseminate it among Muslim communities,” said Sheikh Talal bin Ahmed Al-Aqeel, adviser to the minister of Islamic Affairs, Call and Guidance, and chairman of the media awareness programs committee.
It includes advice about irregularities that some Muslims may commit due to ignorance of the provisions, misunderstanding, forgetfulness or exhaustion.

Main category: 
related_nodes: 
Hajj ambulances fully equipped, maintained: Red Crescent
Saudi crown prince briefs Cabinet on completion of Hajj preparations
Afghans call repeated Hajj an extravagance in war-torn country

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Hajj ambulances fully equipped, maintained: Red Crescent

Author: 
ARAB NEWS
Thu, 2017-08-24 03:00
ID: 
1503526130065254200

JEDDAH: All ambulances operating during the Hajj season have been fully equipped with first aid supplies, and medical tools and equipment have undergone the required maintenance, said Eid bin Mohammed Al-Eid, head of the medical supply department at the Saudi Red Crescent Authority (SRCA).
The department’s plan is to provide permanent and seasonal aid stations with the necessary medical supplies, and ensure that ambulances on duty during Hajj never run short, he added.
The plan also provides support to emergency medical teams, ambulance centers and volunteers, Al-Eid said.
The authority’s medical supply department will deploy a technical team to examine ambulances on duty at the holy sites, and provide them with round-the-clock supplies and maintenance of their equipment during the Hajj season, he added.
Recently, the Technical and Vocational Training Corp. and the SRCA in the Makkah region have implemented a first-aid program for 200 scouts and rovers at a camp in Jeddah to prepare them to serve pilgrims in Makkah.
The director general of the corporation in the Makkah region, Faisal Kadsah, stressed the importance of the camp in serving pilgrims.
He expressed appreciation for the efforts of the General Administration for Trainee Affairs, which supports the employment of trainees during the Hajj season.
He said the participation of the corporation is part of efforts by the public and private sectors to serve pilgrims, with the full support of the government.
The leader of the scout camp, Walid bin Khalid Filimban, said the corporation qualifies its trainees to deal professionally with all cases.
He stressed the necessity of knowing first-aid principles.

Main category: 
related_nodes: 
Arab News launches ‘Hajj App’ in partnership with Muslim World League
Saudi Health Ministry and WHO in joint monitoring of Hajj pilgrims to prevent epidemic outbreaks
Saudi Health Ministry facilities ready for Hajj pilgrims

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