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Generational Dynamics Web Log for 18-Oct-2014
18-Oct-14 World View -- Nigerians skeptical of deal with Boko Haram to release abducted schoolgirls

Web Log - October, 2014

18-Oct-14 World View -- Nigerians skeptical of deal with Boko Haram to release abducted schoolgirls

Investors cheer as Wall Street gains 263 points on Friday

This morning's key headlines from GenerationalDynamics.com

Nigerians skeptical of deal with Boko Haram to release abducted schoolgirls
Barrage of airstrikes stops ISIS advance on Kobani, Syria
Investors cheer as Wall Street gains 263 points on Friday

Nigerians skeptical of deal with Boko Haram to release abducted schoolgirls

Nigerians carrying 'Bring back our girls' banner (Reuters)

Nigerians carrying 'Bring back our girls' banner (Reuters)

Nigeria's government announced on Friday that they're reached a truce with the Boko Haram terrorist group, which has been terrorizing the entire northeast, as well as major cities up and down the country, for years. It's now the six month anniversary of the abduction of 219 schoolgirls on April 16.

In announcing the truce, Nigeria's Chief of Defense Staff, Air Marshal Alex Badeh gave almost no details and took no questions. Another government official said that the deal would free the 219 abducted schoolgirls. He said that more talks would take place to work out exactly how the girls would be released.

However, multiple analysts in Nigeria are casting doubt on the credibility of the deal. For one thing, there's been no announcement from anyone in Boko Haram. Some analysts have even claimed that the Boko Haram militant who brokered the deal was an imposter, with no connection to the Boko Haram leadership.

According to one Nigerian columnist:

"I guess Nigerians are tired and, as such, any news that offers respite on this protracted war between Nigeria & #BokoHaram is always welcome. Sadly anybody that demised(sic) such good news becomes Nigeria’s enemy. But the leadership of #BH are said to be miffed that a nation of the profile and magnitude of Nigeria, with high level of intelligent people, is being easily encased in deceit and nobody seems to be asking tough questions.
What is most worrying here is, government at the highest level and the intelligence formations in #Nigeria has embraced this 'good news.' This shows lack of understanding of the reality that this is an ideology that can only be neutralized after long hard work that is yet to start.
It also appears that government is more interested in shadows and bubbles, than in substance and clear headed engagement with the #BokoHaram ideology."

The News (Nigeria) and BBC and AFP

Barrage of airstrikes stops ISIS advance on Kobani, Syria

An onslaught of dozens of airstrikes by U.S. warplanes in the last few days has halted the advance of the Islamic State / of Iraq and Syria (IS or ISIS or ISIL) on the Syrian town of Kobani, and permitted the Kurdish defenders of Kobani to drive back the ISIS in some, but not all, of Kobani. According to Kurdish officials, the Kurdish defenders were giving the coordinates of the ISIS militants to the U.S. to identify bombing targets.

As of last week, it seemed that ISIS was on the verge of overrunning the Kurds defending Kobani, which is on the border with Turkey, while Turkey's armed forces simply watched the slaughter from tanks in the hills overlooking Kobani. Turkey has been under heavy international criticism for doing nothing to stop the slaughter, but has demanded that the U.S. agree to attack targets assets of the Bashar al-Assad regime before Turkey will commit troops to Kobani.

Analysts, including U.S. administration analysts, are not claiming that this is the end of the battle of Kobani. ISIS has been sending in reinforcements, and they seem determined to overrun Kobani in order to humiliate the U.S. administration and its airstrike strategy. Reuters and World Bulletin (Turkey)

Investors cheer as Wall Street gains 263 points on Friday

The Dow Jones Industrial Average surged 263.17 points on Friday, continuing a pattern of wild ups and downs during the last couple of weeks. Some analysts were euphoric, while others were just relieved. As I explained two days ago, these wild swings signal a very dangerous time when a crash might be approaching. This would be the case if the amplitude of the swings continues to increase in the next few days, though not necessarily if the swings settle down. Generational Dynamics predicts that we're headed for a global financial panic and selloff. Forbes

(Comments: For reader comments, questions and discussion, see the 18-Oct-14 World View -- Nigerians skeptical of deal with Boko Haram to release abducted schoolgirls thread of the Generational Dynamics forum. Comments may be posted anonymously.) (18-Oct-2014) Permanent Link
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Generational Dynamics Web Log for 18-Oct-2014 18-Oct-14 World View -- Nigerians skeptical of deal with Boko Haram to release abducted schoolgirls

Nigerians skeptical of deal with Boko Haram to release abducted schoolgirls

Barrage of airstrikes stops ISIS advance on Kobani, Syria

Investors cheer as Wall Street gains 263 points on Friday

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Generational Dynamics Web Log for 18-Oct-2014
18-Oct-14 World View -- Nigerians skeptical of deal with Boko Haram to release abducted schoolgirls