Obama orders U.S. air strikes in Syria against ISIS

September 11, 2014

Washington, Sep 11: President Barack Obama told Americans on Wednesday he had authorized U.S. air strikes for the first time in Syria and more attacks in Iraq in a broad escalation of a campaign against the Islamic State militant group.

Barak ObamaObama's decision to launch attacks inside Syria, which is embroiled in a three-year civil war, showed the seriousness of the threat American officials see from Islamic State. A year ago, the president shied away from air strikes against Syria's government for its use of chemical weapons against Syrians.

Obama laid out his emerging plan for tackling the group in a widely anticipated White House speech, two weeks after coming under fire for saying: "We don't have a strategy yet" for the group in Syria and six months after declaring that groups like Islamic State were minor players.

"Our objective is clear: we will degrade, and ultimately destroy, ISIL through a comprehensive and sustained counter-terrorism strategy," Obama said, using an acronym for Islamic State.

He said he would hunt down Islamic State militants "wherever they are."

"That means I will not hesitate to take action against ISIL in Syria, as well as Iraq. This is a core principle of my presidency: if you threaten America, you will find no safe haven," he said.

He said he would expand the list of targets inside Iraq beyond several isolated areas. He will send 475 more American advisers to help Iraqi forces, joining more than 1,000 already there. They will not engage in combat.

Training Vamps in Saudi Arabia

In a significant move that could help rally Gulf Arab states behind the U.S.-led coalition, key ally Saudi Arabia will host inside its territory a U.S. training effort for Syrian rebels, senior U.S. officials said. The effort is dependent on the U.S. Congress approving $500 million to train and arm the rebels.

The Saudi decision emerged after Obama spoke by phone earlier in the day with Saudi King Abdullah, who has pressed the American government to do more resolve the Syrian conflict.

Obama has staked much of his foreign policy record on having extracted U.S. forces from Iraq after running for president in 2008 on a pledge to end what he felt was an unnecessary conflict begun by his Republican predecessor, George W. Bush.

Obama's move to deepen U.S. involvement in Iraq in its fight against Islamic State follows opinion polls that show Americans feel the president has been too cautious in tackling the group. Obama has struggled with a host of foreign policy crises this year, bringing his overall public approval record down to near record lows of about 40 percent.

Obama vowed he would not send large numbers of U.S. combat forces to the region but would rely instead on assistance from a broad coalition involving Sunni-led governments in the region and Western allies.

U.S. officials want allies to join in attacks on the group as well as in training and equipping Iraqi forces and Syrian rebels, providing humanitarian relief and intelligence.

Building an allied coalition

What specifically each nation will do in the coalition remains to be hammered out. Secretary of State John Kerry is meeting Gulf allies in the region and Obama is to host a leaders' security conference at the U.N. General Assembly in two weeks with the aim of fleshing out duties of the coalition.

Before the focus on Islamic State, Obama for months had been cool to the notion of arming the poorly organized Syrian rebels, fearing weapons provided them could end up in the wrong hands.

But he now needs the rebels to become strong enough to hold ground cleared by U.S. air strikes, just as Iraqi forces are doing in Iraq.

U.S. officials pushed back hard against the notion that striking Islamic State strongholds in Syria would unintentionally help President Bashar al-Assad. They said the Sunni-majority areas in the eastern part of the country the militants hold are not places where Assad loyalists would be able to take advantage to regain control.

Islamic State has carved out what it calls a "caliphate" from broad areas in Iraq and Syria and uses savage methods that have included the beheading of many prisoners, including two Americans.

"This counter-terrorism campaign will be waged through a steady, relentless effort to take out ISIL wherever they exist using our air power and our support for partner forces on the ground," Obama said.

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Agencies
July 3,2020

The dollar's dominance will slowly melt away over the coming year on weakening global demand and a sombre U.S. economic outlook, according to a Reuters poll of currency forecasters whose views depend on there being no second coronavirus shock.

Despite fears a surge in new Covid-19 cases would delay economies reopening and stymie a tentative recovery, world stocks have rallied - with the S&P 500 finishing higher in June, marking its biggest quarterly percentage gain since the height of the technology boom in 1998.

Caught between bets in favour of riskier investments, weak U.S. economic prospects as well as an easing in the thirst for dollars after the Federal Reserve flooded markets with liquidity, the greenback fell nearly 1.0 per cent last month. It was its worst monthly performance since December.

While there was a dire prognosis from the top U.S. medical expert on the coronavirus' spread, the June 25-July 1 poll of over 70 analysts showed weak dollar projections as Fed Chair Jerome Powell on Monday reiterated the economic outlook for the world's largest economy was uncertain.

"The dollar rises in two instances: when you see risk off or when there is a situation where the U.S. is leading the global recovery, and we don't think that's going to be the case anytime soon," said Gavin Friend, senior FX strategist at NAB Group in London.

"The U.S. is playing fast and loose with the virus, and chronologically they're behind the rest of the world."

Currency speculators, who had built up trades against the dollar to the highest in two years during May, increased their out-of-favour dollar bets further last week, the latest positioning data showed.

About 80 per cent of analysts, 53 of 66, said the likely path for the dollar over the next six months was to trade around current levels, alternating between slight gains and losses in a range. That suggests the greenback may be at a crucial crossroad as more currency strategists have turned bearish.

But more than 90 per cent, or 63 of 68, said a second shock from the pandemic would push the dollar higher. Five said it would push the U.S. currency lower.

Much will also depend on debt servicing and repayments by Asian, European and other international borrowers in U.S. dollars.

While an early shortage of dollars in March from the pandemic's first shock pushed the Fed to open currency swap lines with major central banks, international funding strains have eased significantly since. In recent weeks, usage of the facility has reduced dramatically.

That trend is expected to continue over the next six months with major central banks' usage of swap lines to "stay around current levels", according to 32 of 46 analysts. While 13 predicted a sharp drop, only one respondent said use of them would "rise sharply".

The dollar index, which measures the greenback's strength against six other major currencies, has slipped over 5 per cent since touching a more than three-year high in March.

When asked which currencies would perform better against the dollar by end-December, a touch over half of 49 respondents said major developed market ones, with the remaining almost split between commodity-linked and emerging market currencies.

"The dollar is so overvalued, and has been overvalued for a long time, it's time now for it to come back down again, as we head towards the (U.S.) election," added NAB's Friend.

Over the last quarter, the euro has staged a 1.8 per cent comeback after falling by a similar margin during the first three months of the year. For the month of June, the euro was up 1.2 per cent against the dollar.

The single currency was now expected to gain about 2.5 per cent to trade at $1.15 in a year from around $1.12 on Wednesday, slightly stronger than $1.14 predicted last month. While those findings are similar to what analysts have been predicting for nearly two years, there was a clear shift in their outlook for the euro, with the range of forecasts showing higher highs and higher lows from last month.

"In comparison to even a month or two ago, the outlook in Europe has improved significantly," said Lee Hardman, currency strategist at MUFG.

"I think that makes the euro look relatively more attractive and cheap against the likes of the dollar. We're not arguing strongly for the euro to surge higher, we're just saying, after the weakness we have seen in recent years, there is the potential for that weakness to start to reverse."

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Agencies
July 7,2020

Washington, Jul 7: US Secretary of State Mike Pompeo on Monday (local time) confirmed that the White House is "looking at" banning the Chinese social media apps including TikTok.

"With respect to Chinese apps on people's cell phones, I can assure you the United States will get this one right too. I don't want to get out in front of the President [Donald Trump], but it's something we're looking at," Pompeo was quoted by CNN during an interview with Fox News.

He said people should only download the app, "if you want your private information in the hands of the Chinese Communist Party."

Responding to his comments, a TikTok spokesperson said, "TikTok is led by an American CEO, with hundreds of employees and key leaders across safety, security, product and public policy here in the US."

"We have no higher priority than promoting a safe and secure app experience for our users.  We have never provided user data to the Chinese government, nor would we do so if asked," the spokesperson added.

The US politicians have repeatedly criticised TikTok, owned by Beijing-based startup ByteDance, of being a threat to national security because of its ties to China.

Recently, India banned 59 Chinese apps including TikTok following a violent standoff with Chinese troops. This move was lauded by the US officials.

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News Network
January 27,2020

Kabul, Jan 27: A passenger plane crashed on Monday in a Taliban-held area of Afghanistan's Ghazni province, local officials said.

Arif Noori, spokesman for the provincial governor, said the plane went down around 1:10 p.m. local time in Deh Yak district, which is held by the Taliban. Two provincial council members also confirmed the crash.

The number of people on board and their fate was not immediately known, nor was the cause of the crash.

Ariana Airlines, Afghanistan's national carrier, dismissed the claim that one of their planes had crashed in a statement on their website, saying all their aircraft were operational and safe.

The mountainous Ghazni province sits in the foothills of the Hindu Kush mountains and is bitterly cold in winter.

The last major commercial air crash in Afghanistan occurred in 2005 when a Kam Air flight from western Herat to the capital Kabul crashed into the mountains as it tried to land in snowy weather.

The war however has seen a number of deadly crashes of military aircraft. One of the most spectacular occurred in 2013 when an American Boeing 747 cargo jet crashed shortly after takeoff from Bagram air base north of Kabul en route to Dubai in the United Arab Emirates. All seven crew member were killed.

Afghanistan's aviation industry suffered desperately during the rule of the Taliban when its only airline Ariana was subject to punishing sanctions and allowed to fly only to Saudi Arabia for Hajj flights.

Since the overthrow of the religious regime smaller private airlines have emerged but the industry is still a nascent one.

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