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US-led coalition air strikes kill 27 in Raqqa

MiddleEasteye - Mon, 08/21/2017 - 09:34
Language Undefined

Monitor reports 125 civilians killed during week of strikes by US-led forces in support of SDF offensive against IS

U.S. stocks open flat as geopolitical caution remains elevated

MarketWatch Market Pulse - Mon, 08/21/2017 - 09:32

U.S. stocks opened flat on Monday, suggesting investors were reluctant to jump into the markets even after two straight days of declines as geopolitical tensions remained high. The Dow Jones Industrial Average dipped 7 points to 21,667. The S&P 500 was down half a point to 2,425. The Nasdaq Composite Index was up less than one point to 6,217. A new cycle of escalation near the Korean Peninsula looked set to begin as the U.S. and South Korea on Monday kicked off annual military exercises that have a history of enraging North Korea. Tensions between the country and the U.S. have weighed on markets in recent weeks, and there may be few other catalysts for investors to trade on ahead of the Kansas City Federal Reserve's symposium in Jackson Hole, Wyo. In company news, Sempra Energy rose 0.3% on news it had reached a deal to buy Oncor for $9.45 billion.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Football: Second religion of the Middle East

MiddleEasteye - Mon, 08/21/2017 - 09:22

How the world’s most popular sport has huge impact on politics and society

BJ's Restaurants launches alcohol delivery in California

MarketWatch Market Pulse - Mon, 08/21/2017 - 09:19

BJ's Restaurants Inc. said Monday that it has launched a pilot program for alcohol delivery in its online ordering platform. Taking place in select California markets, allows customers to add BJ's craft beer and wine either when ordered through the DoorDash app or directly from BJ's. As of Aug. 21, 98 BJ's restaurant locations have partnered with DoorDash in California, Denver, Miami and other locations nationwide. BJ's chain of restaurants serves soups, sandwiches, pizza, burgers, and more. BJ's shares are unchanged in Monday premarket trading, and are down nearly 18% for the year so far. The S&P 500 index is up 8.3% for 2017 to date.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Russia names replacement for Sergei Kislyak as envoy in Washington

Reuters US Politics - Mon, 08/21/2017 - 09:03
MOSCOW (Reuters) - Russia's next ambassador to Washington will be Anatoly Antonov, a former defense official who is subject to European sanctions over his role in the conflict in Ukraine, the Kremlin announced on Monday.

Russia names replacement for Sergei Kislyak as envoy in Washington

Top Reuters News - Mon, 08/21/2017 - 09:03
MOSCOW (Reuters) - Russia's next ambassador to Washington will be Anatoly Antonov, a former defense official who is subject to European sanctions over his role in the conflict in Ukraine, the Kremlin announced on Monday.

Britain's Big Ben falls silent for four years of renovation work

Top Reuters News - Mon, 08/21/2017 - 09:00
LONDON (Reuters) - The "Big Ben" bell in the British parliament's famous clock tower tolled for the last time on Monday before it ceased its regular bongs for four years while renovation work is carried out.

'We're the victims,' says father of young Filipino shot dead in war on drugs

Top Reuters News - Mon, 08/21/2017 - 08:59
MANILA (Reuters) - Hundreds of neighbors and left-wing activists marched and lit candles near the spot where a 17-year-old high school student was shot dead by police last week in President Rodrigo Duterte's controversial war on drugs.

Champions Oncology shares surge 8% on news of AstraZeneca collaboration

MarketWatch Market Pulse - Mon, 08/21/2017 - 08:50

Champions Oncology Inc. shares surged 8.2% in premarket trade Monday on news of the company's collaboration with AstraZeneca . The companies plan to develop new Patient-Derived Xenograft (PDX) models -- cancer tumors transplanted into mice that are used to study cancer -- for their cancer research. These new models will focus on metastatic, previously treated cancers so researchers can better understand mechanisms of resistance, the companies said, "providing a critical platform to optimize drug development in these settings." Those two areas of cancer research are a "surprisingly underserved space," said AstraZeneca Vice President and Head of Oncology Steve Fawell. AstraZeneca shares declined 0.5% in premarket trade. Champions shares have surged 29.2% over the last three months to $3.19 and AstraZeneca shares have dropped 14.1%, compared with a 1.8% rise in the S&P 500 .

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Abbas sends medical aid to Venezuela, sparking Gaza criticism

MiddleEasteye - Mon, 08/21/2017 - 08:50
Language Undefined

Palestinians criticised the PA's move to send aid to Venezuela as Gaza continues to be plagued with power cuts

News Roundup 8/21/17

LibertarianInstitute - Mon, 08/21/2017 - 08:41
  • Trump will meet with several military advisers about a plan for the Afghanistan War. Trump is expected to announce a decision soon. [Link]
  • Steve Bannon has resigned from the Trump Administration. [Link]
  • The family of a young man charged with attempting to bomb an Oklahoma City bank has issued a statement. The family claims their son has paranoid schizophrenia and he was pushed by an FBI informant to commit the crime. [Link]
  • The number of migrants fleeing Libya to go to Italy has significantly dropped since mid-July. [Link]
  • Ten US sailors are missing after the USS John McCain collided with a merchant ship near Singapore. [Link]
  • General Dunford pledges the US will defend Japan from a North Korean attack. [Link]
  • North Korea condemns the US and South Korea upcoming military drills. [Link]
  • Residents of a Somalian town hit by US airstrikes claim the strikes killed seven civilians. The US claimed the strikes killed members of al-Shabaab. [Link]
  • Vice President Pence and NSA McMaster are pushing Trump to send more troops to Afghanistan. McMaster also blocked Erik Prince from pitching Trump his plan to wage a private war in Afghanistan. [Link]
  • The Iraqi Kurds are considering postponing a September independence vote in exchange for concessions from the Iraqi government. [Link]
  • 50,000 civilians are trapped in ISIS-held Tel Afar. [Link]
  • The Syrian Arab Army continues to take territory from ISIS and move towards Deir Ezzor. US-backed forces are moving south of Raqqa towards Deir Ezzor. The movement of these two armies could lead to future conflict. [Link]
  • Yemeni activist Hisham al-Omeisy has been abducted and is being held by Houthi forces. [Link]
  • Saudi Arabia has moved troops into Aden, Yemen. [Link]
  • The UN says Saudi Arabia is preventing and delaying humanitarian aid from reaching Northern Yemen. [Link]
News Roundup 8/21/17 was first posted on August 21, 2017 at 7:41 am.

Herbalife shares surge 8% premarket after it unveils self-tender offer, talks on going-private transaction

MarketWatch Market Pulse - Mon, 08/21/2017 - 08:14

Herbalife Ltd. shares rocketed 8.3% in premarket trade Monday, after announcing a self-tender offer and confirming it recently held talks on a going-private transaction. The health products distributor said it has commenced a modified Dutch auction self-tender offer to buy for cash up to $600 million of its own shares in a move that should help shareholders in the event the company goes private in the next two years. Herbalife said it recently held talks with a prospective financial investor on a deal that would have taken the company private. "While these conversations were formally terminated on August 16, 2017, because these discussions contemplated the possibility of the Company being taken private, the Board of Directors decided to provide tendering shareholders with some protection in the event the Company is taken private within two years resulting in remaining shareholders possibly receiving a higher price than paid in the self-tender," the company said in a statement. Shareholders who tender their shares will be paid no less than $60 a share and no more than $68, and will receive a contingency value right as part of the deal. That would give them the right to a contingent cash payment if the company is taken private. The company said that Carl Icahn has agreed in connection with the tender not to increase his stake in the company above 50% unless he has agreed to buy 100% of the shares. Icahn will not be participating in the tender offer. Shares have gained 29% in 2017, while the S&P 500 has gained 8.3%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Remembering Jerry Lewis

RealClearPolitics - Mon, 08/21/2017 - 08:13
Richard Brody, The New Yorker
The French were right: Lewis is one of the most original, inventive, and, yes, profound directors of the time. In his films of the nineteen-sixties, he put himself through a wide range of humiliating situations and discovered a range of sentimental triumphs, using technical devices onscreen and off with a gleeful audacity (he actually invented, and held the patent on, the video assist that allowed him to see himself on closed-circuit TV while acting on camera). In the enormous cutaway set of “The Ladies Man” and the metacinematic airplane comedy of “The Family Jewels”...

Arabic press review: No pardons for Morocco protesters

MiddleEasteye - Mon, 08/21/2017 - 08:13
Language Undefined

Newspaper reports Morocco spares 13 prisoners convicted of terrorism, but none of those arrested in recent social protests

Too Much Power Lies in Tech Companies' Hands

RealClearPolitics - Mon, 08/21/2017 - 08:12
Stephen Carter, Bloomberg
I hope the tumult will die down, and that the bannings stop with the Daily Stormer and its kin, who regularly serve up hatred and vitriol in support of vicious ideologies that cost many millions of lives. I hope, in other words, that we will be able to draw reasonable lines. But where the exercise of the power to shut people up is concerned, that’s rarely a safe bet.

Chicago Vandals Burn Century-Old Bust of Lincoln

RealClearPolitics - Mon, 08/21/2017 - 08:10
D.C. McAllister, The Federalist
Attacks on America’s history continued in Chicago Wednesday night when vandals burned a bust of Abraham Lincoln that’s been in the neighborhood for 100 years, revealing that the violent campaign to scrub America of its Confederate past isn’t about the Confederacy at all.

Covering Up the Massacre of Mosul

ConsortiumNews - Mon, 08/21/2017 - 08:10
Exclusive: When Russia and Syria killed civilians in driving Al Qaeda forces out of Aleppo, U.S. officials and media shouted “war crimes.” But the U.S.-led bombardment of Iraq’s Mosul got a different response, notes Nicolas J S Davies. By Nicolas…

'We're prisoners': Syrians trapped in SDF camps after escaping IS

MiddleEasteye - Mon, 08/21/2017 - 08:10
Language Undefined

Refugees from IS-held areas say they have been forced into appalling conditions in SDF-run camps, and bribes are the only way to leave

The Radicalization of White Americans

RealClearPolitics - Mon, 08/21/2017 - 08:09
German Lopez, Vox
There were many horrible sights and sounds at the Charlottesville, Virginia, protests over the weekend, from Nazi and Ku Klux Klan iconography to chants of “Jews will not replace us” and the Nazi slogan “blood and soil.” But perhaps the most horrifying of all came after the protests were technically over, when a 20-year-old Nazi sympathizer sped his car into a crowd of counterprotesters. In just a few seconds, he killed a woman and injured at least 19 others.

Reminder: The Southern Poverty Law Center Is a Fraud

RealClearPolitics - Mon, 08/21/2017 - 08:08
Emily Jashinsky, DC Examiner
Repeating a mistake made by many major media outlets before it, CNN on Thursday published a map of registered hate groups sourced entirely from the Southern Poverty Law Center, an irresponsible advocacy group that purports to operate as an objective assessor of hate. Just one day earlier, Apple CEO Tim Cook announced the company was set to make a $1 million donation to the SPLC as well.