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Generational Dynamics Web Log for 31-Mar-2013
31-Mar-13 World View -- Report: U.S. military action in Syria may be imminent

Web Log - March, 2013

31-Mar-13 World View -- Report: U.S. military action in Syria may be imminent

Bank of Cyprus customers will lose 60% of their savings

This morning's key headlines from GenerationalDynamics.com

Debka: U.S., Israel, Turkey, Jordan planning military action in Syria


Israeli soldiers testing chemical protection gear
Israeli soldiers testing chemical protection gear

I try to be cautious about quoting Debka, whose reporters have contacts within intelligence services in a number of countries. On the one hand, they provide insights that are not available elsewhere. But on the other hand, they sometimes get things wrong. In the past few years, they've predicted several imminent wars that never occurred. Debka's weekly subscriber-only newsletter (sent to me by a subscriber) is laying out plans for imminent military action in Syria, to counter the threat of chemical and biological weapons, either by the regime of president Bashar al-Assad, or by al-Qaeda linked terrorists, such as the jihadist group Jabhat al-Nusra Brigades. The following is a summary of what Debka is saying. I leave it to you, Dear Reader, to do your own evaluation as to how close we are to full-scale war in Syria:

Debka and Debka

Islamic Movement of Uzbekistan (IMU) tries to regain influence

The Islamic Movement of Uzbekistan (IMU) has been trying for years to gain worldwide stature as militant jihadists, but actually has been losing influence in its home regions in Central Asia. The lost of influence is attributed to an information campaign that has been conducted in the region, involving governments, religious leaders, media and NGOs, to explain the differences between true religion and extremism. In fact, the IMU is currently more deeply entrenched in Pakistan and Afghanistan. But with the spring thaw in progress, it's now trying to make alliances with other terrorists to reestablish itself around the volatile Fergana Valley, and all along the border between Kyrgyzstan and Uzbekistan. Central Asia Online

Bank of Cyprus customers will lose 60% of their savings

Details continue to come out about how much of the savings of Cyprus savers will be confiscated by the government in return for the EU bailout that prevented bankruptcy. Bank accounts containing less than 100,000 euros will remain, although there will remain strict limits on withdrawals. But savings above 100,000 euros in the Bank of Cyprus will lose 60% or more of their savings:

Quite honestly, this takes my breath away. Bloomberg and AFP

(Comments: For reader comments, questions and discussion, see the 31-Mar-13 World View -- Report: U.S. military action in Syria may be imminent thread of the Generational Dynamics forum. Comments may be posted anonymously.) (31-Mar-2013) Permanent Link
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