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Cyprus offers citizenship to wealthy Russian oligarchs
This morning's key headlines from GenerationalDynamics.com
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Israel apologized last month for the deaths of nine Turkish citizens on May 31, 2010, in a confrontation between Israel's navy and the boat Mavi Marmara in a flotilla headed for Gaza in violation of Israel's Gaza blockade. However, still to be settled is the question of how much money Israel is going to have to pay to the families of the nine victims. Rumors are that Israel will offer $100,000 for each victim. Talks will begin next week, and they're not expected to be easy. According to a Turkish diplomatic source:
"Israel should perfectly know that this is not a process of bargaining. Compensation talks should not be turned into horse trading or dirty bargaining. We want to solve this issue in next week's talks."
Turkey's prime minister Recep Tayyip Erdogan is maintaining a hard line against Israel despite the apology. He announced on Sunday that he will stick to his plan to visit Gaza in May, and he insisted that Turkey will not send an ambassador to Israel unless Israel lifts the blockade of Gaza.
Israel apologized to Turkey last month because of the encouragement of American president Barack Obama during his visit last month, because he wanted Turkey and Israel to cooperate on issues involving Syria and Iran. Hurriyet (Ankara) and Zaman (Istanbul)
The resignation of Palestinian Prime Minister Salaam Fayyad is being described by analysts as a major blow to the Obama administration's plans to revive the "peace process," especially since Secretary of State John Kerry met with Fayyad in Ramallah two weeks ago, and asked him NOT to resign. I can't imagine what those analysts are talking about, since the "peace process" has been dead as a door nail for years, and is less likely to be revived than Hugo Chavez.
Salaam Fayyad was educated in the U.S. as an economist, and he's worked for World Bank and the International Monetary Fund (IMF). He's credited with developing the financial stability required for the creation of the state of Palestine, but he's also been heavily criticized because of the weakening Palestinian economy in the West Bank.
His resignation is said to be the result of bitter disagreements with Palestinian president Mahmoud Abbas. Fayyad is also extremely disliked by the leaders of Hamas, who accuse him of being dupes for Israel, despite his many denunciations of Israeli settlements in the West Bank. AFP and Bloomberg
In an attempt to save its financial services industry (called an "illegal tax haven" industry by some), Cyprus is looking for ways to attract investors again. And it's offering fast-track Cyprus citizenship to any foreigner who lost 3 million euros or more as a result of the 60% confiscation of depositors' accounts. And with Cyprus citizenship automatically comes European Union citizenship. It's hoped that the offer will be particularly appealing to Russian oligarchs who lost a lot of money in the bailout confiscation, and that they'll be tempted to try again. Cyprus has run a "citizenship by investment" program for years, open to any foreigner who invests 10 million euros in Cyprus, but now those requirements are going to be reduced considerably. Russia Today and Reuters
Monday, April 15, is the birthday of North Korea's founder Kim Il-sung, and all eyes are on North Korea to see what it will do to celebrate. South Korean intelligence says the North has had two medium-range missiles primed and ready to fire for nearly a week, and many observers believe that Monday will be the likely launch date. AP
(Comments: For reader comments, questions and discussion, see the 15-Apr-13 World View -- Turkey warns Israel against 'dirty bargaining' over flotilla compensation thread of the Generational Dynamics forum. Comments may be
posted anonymously.)
(15-Apr-2013)
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