U.S. to Send More than 400 Troops to Train “Moderate” Syrian Rebels
January 16th, 2015Via: CBS:
The United States will send 400 troops to train moderate Syrian rebels this spring along with hundreds of support personnel.
Pentagon spokesperson Maj. James Brindle confirmed the planned deployment to CBS News early Friday morning.
The plan was first reported by Defense One on Thursday.
Last month, President Obama signed into law a massive defense policy bill that endorsed his plan to fight militants from the Islamic State of Iraq and Syria (ISIS), including air strikes and training Iraqis and moderate Syrian rebels.
The law authorized the training and equipping of moderate Syrian rebels battling the extremists for two years, and provided $5 billion to train Iraqis battling the militants who brutally rule large sections of the two countries.
Swiss Franc Soars After SNB Drops Cap on Currency
January 15th, 2015Via: Reuters:
The Swiss franc soared nearly 28 percent against the dollar on Thursday after Switzerland’s central bank dumped a three-year-old cap on the franc’s value against the euro, sending shockwaves through currency markets and pummelling traders who had bet against the franc.
The euro plunged as much as 30 percent below the 1.20 cap to a record low of 0.8500 francs per euro at one point before bouncing off its session low. The dollar plummeted to 0.736 francs, its lowest since 2011, before also paring losses.
Broader concerns about the euro sent it to its weakest in 11 years against the dollar.
The swings in the franc were the biggest since most major currencies moved to free-floating regimes in the 1970s. Dealers said they had seen a number of major investors lose as much as 20 percent before managing to complete trades to close their bets on a stronger dollar against the franc.
Related: Gold Jumps 3 Percent to 4-Month High After SNB Move
The U.S. Has More Jails Than Colleges
January 13th, 2015Via: Washington Post:
There were 2.3 million prisoners in the U.S. as of the 2010 Census. It’s often been remarked that our national incarceration rate of 707 adults per every 100,000 residents is the highest in the world, by a huge margin.
We tend to focus less on where we’re putting all those people. But the 2010 Census tallied the location of every adult and juvenile prisoner in the United States. If we were to put them all on a map, this is what they would look like…
BPA Free Plastic, “Might Itself be More Harmful than BPA”
January 13th, 2015Via: Washington Post:
In a groundbreaking study, researchers have shown why a chemical once thought to be a safe alternative to bisphenol-A, which was abandoned by manufacturers of baby bottles and sippy cups after a public outcry, might itself be more harmful than BPA.
University of Calgary scientists say they think their research is the first to show that bisphenol-S, an ingredient in many products bearing “BPA-free” labels, causes abnormal growth surges of neurons in an animal embryo.
The same surges were also found with BPA, though not at the same levels as with BPS, prompting the scientists to suggest that all structurally similar compounds now in use or considered for use by plastic manufacturers are unsafe.
“A lot of the alternative chemicals have not been adequately tested because they don’t have to be,” said lead author Deborah Kurrasch. “A compound is considered safe (by the Food and Drug Administration) until proven otherwise.”
The disruption of prenatal cellular activity in zebra fish, which share 80 percent of their genes with humans and are considered a good model for studying human brain development, seemed to result in hyperactivity, according to the Canadian study, which was published Monday in the Proceedings of the National Academy of Sciences.
“Finding the mechanism linking low doses of BPA (or BPS) to adverse brain development and hyperactivity is almost like finding a smoking gun,” Hamid Habibi, one of the authors of the study, said in a news release.
BPA is an industrial chemical found in many polycarbonate plastics as well as epoxy resins, which are used to coat the inside of food cans. Over the past few years, dozens of studies have linked BPA, which mimics estrogen, with prostate cancer, infertility, asthma, heart disease and a number of neurodevelopmental disorders.
In the new study, the scientists expressed surprise that the early abnormal growth of brain cells they observed in the fish embryo specifically affected male hormones, potentially indicating why more boys than girls are diagnosed with certain neurodevelopmental disorders such as autism.
“We know there’s a fourfold increase in autism between boys and girls,” Kurrasch said. “There are lots of possible explanations for that, but it is interesting to speculate since we do know small changes in hormone levels prenatally can have consequences on brain development.”
The American Chemical Council questioned the relevance of the zebra fish study.
“The authors claim the results are directly relevant to humans, in particular to women during the second trimester of pregnancy,” said Steven G. Hentges of the council’s Polycarbonate/BPA Global Group. “In contrast, humans are exposed to only trace levels of BPA through the diet, and it is well known that humans efficiently convert BPA to a substance with no known biological activity and quickly eliminate it from the body. Although the authors attribute great significance to their results, it would not be scientifically appropriate to draw any conclusions about human health based on this limited experiment.”
BPA, however, is ubiquitous in the environment, according to the Centers for Disease Control and Prevention, which found that 90 percent of Americans have traces of the synthetic compound in their system at any given time, even though it does not linger in the body. BPS, too, is found in the coating of everything from store receipts to recycled paper.
Kurrasch said her lab’s research suggests that pregnant women in particular should limit their exposure to plastics and sales receipts.
One of the most significant findings is that low doses can be more harmful than larger ones.
“I think this is a very important paper that gives evidence that compounds like BPA and BPS have very detectable effects at low dosages on developing vertebrates,” said George Bittner, a professor of neurobiology and pharmacology at the University of Texas at Austin.
Leaked Palantir Doc Reveals Uses, Specific Functions and Key Clients
January 12th, 2015Via: TechCrunch:
Palantir’s data analysis solution targets three industries: government, the finance sector and legal research. Each of these industries must wrestle with massive sets of data. To do this, Palantir’s toolsets are aimed at massive data caches, allowing litigators and the police to make connections otherwise invisible. For example, a firm hired by the Securities Investment Protection Corporation used Palantir’s software to sort through the mountains of data, over 40 years of records, to convict Ponzi schemer Bernie Madoff (of all things).
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The document confirms that Palantir is employed by multiple US Government agencies. One of the company’s first contracts was with the Joint IED Defeat Organization in 2006. From 2007-2009 Palantir’s work in Washington expanded from eight pilots to more than 50 programs.
As of 2013, Palantir was used by at least 12 groups within the US Government including the CIA, DHS, NSA, FBI, the CDC, the Marine Corps, the Air Force, Special Operations Command, West Point, the Joint IED-defeat organization and Allies, the Recovery Accountability and Transparency Board and the National Center for Missing and Exploited Children.
Judge Orders NYPD to Release Records on X-ray Vans
January 11th, 2015Via: ProPublica:
The NYPD has a secretive program that uses unmarked vans with X-ray machines designed to detect bombs. ProPublica tried to find out more about it, but the NYPD refused to answer for three years.
Oil Drillers Pull Most U.S. Rigs in More Than Two Decades
January 9th, 2015Disclosure: I’m long USO/oil.
Via: Bloomberg:
In what is the strongest sign yet of the damage that plunging crude prices are doing to the U.S. oil industry, drillers idled more rigs last week than they have at any point since 1991.
Oil rigs fell by 61 to 1,421, Baker Hughes Inc. (BHI) said on its website today, extending the five-week decline to 154. The 2014 peak was 1,609. It was the largest drop since February 1991, which also followed a tumble in prices before the start of the Persian Gulf War.
The price of U.S. benchmark West Texas Intermediate oil has plunged by more than half since June, imperiling a shale boom that has brought the nation closer to energy independence than it has been in almost three decades. U.S. drillers laid down the most rigs last quarter since 2009 as the Organization of Petroleum Exporting Countries and the rest of the world’s suppliers maintained production.
“Unless oil prices recover, absolutely, this is the end of the drilling boom,” James Williams, president of energy consulting company WTRG Economics in London, Arkansas, said by telephone today. “The total rig count should hit 1,000 by March or April, and oil production growth should be flat or declining by mid-year.”
West Texas Intermediate for February delivery fell 43 cents to settle at $48.36 a barrel on the New York Mercantile Exchange, down 47 percent in the past year and 55 percent from the peak in June. Brent, the international benchmark, dropped 85 cents to $50.11 on the London-based ICE Futures Europe Exchange.
Venezuela: Military Supervises Food Distribution
January 9th, 2015The stores are full, comrades. Just form orderly lines and do what the soldiers say.
Via: Bloomberg:
Shoppers thronged grocery stores across Caracas today as deepening shortages led the government to put Venezuela’s food distribution under military protection.
Long lines, some stretching for blocks, formed outside grocery stores in the South American country’s capital as residents search for scarce basic items such as detergent and chicken.
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A dearth of foreign currency exacerbated by collapsing oil prices has led to shortages of imports from toilet paper to car batteries, and helped push annual inflation to 64 percent in November. The lines will persist as long as price controls remain in place, Luis Vicente Leon, director of Caracas-based polling firm Datanalisis, said today in a telephone interview.
Government officials met with representatives from supermarket chains today to guarantee supplies, state news agency AVN reported. Interior Minister Carmen Melendez said yesterday that security forces would be sent to food stores and distribution centers to protect shoppers.
“Don’t fall into desperation — we have the capacity and products for everyone, with calmness and patience. The stores are full,” she said on state television.
France: Second Hostage Crisis Erupts as Police Surround Charlie Hebdo Suspects
January 9th, 2015Update: French Terror Suspects Dead at Both Locations, 3 Hostages Dead
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Via: France24:
Police have surrounded two suspects in this week’s Charlie Hebdo attack northeast of the capital and are now dealing with a developing situation in eastern Paris, where a gunman has taken hostages at a supermarket.
How OPEC Weaponized the Price of Oil Against U.S. Drillers
January 9th, 2015Disclosure: I’m long USO/oil.
Via: Bloomberg:
If there ever was doubt about the strategy of the Organization of Petroleum Exporting Countries, its wealthiest members are putting that issue to rest.
Representatives of Saudi Arabia, the United Arab Emirates and Kuwait stressed a dozen times in the past six weeks that the group won’t curb output to halt the biggest drop in crude since 2008. Qatar’s estimate for the global oversupply is among the biggest of any producing country. These countries actually want — and are achieving — further price declines as part of an attempt to hasten cutbacks by U.S. shale drillers, according to Barclays Plc and Commerzbank AG.
Crude fell 48 percent last year and has declined 35 percent since OPEC affirmed its output target on Nov. 27. That decision, while squeezing revenues for OPEC members in 2015, aims at preserving their market share for years to come.
“The faster you bring the price down, the quicker you will have a response from U.S. production — that is the expectation and the hope,” said Jamie Webster, an analyst at consultants IHS Inc. in Washington. “I cannot recall a time when several members were actively pushing the price down in both word and deed.”
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OPEC won’t reverse course even if oil prices fall as low as $20 a barrel or non-OPEC countries offer to help with production cuts, Saudi Arabian Oil Minister Ali Al-Naimi said in an interview with the Middle East Economic Survey on Dec. 21. The kingdom may even bolster output if non-OPEC nations do so, he said. The global oversupply is 2 million barrels a day, or 6.7 percent of OPEC output, Qatar estimates.
The group will stand by its decision not to cut output even if prices fall and wait at least three months before considering an emergency meeting, U.A.E. Energy Minister Suhail Al-Mazrouei said Dec. 14. He said clearing the surplus may take years, Abu Dhabi-based newspaper The National reported Jan. 6.


