*** 31-Jan-15 World View -- Hezbollah backs down from war with Israel
This morning's key headlines from
GenerationalDynamics.com
- Hezbollah backs down from war with Israel
- Clashes between Nusra front and Free Syrian Army spreading in Syria
- Jundallah takes credit for massive mosque attack in Pakistan
- Egypt's military begins 'wide military offensives' in North Sinai
- Greece clashes with eurogroup 'No more bailout, no more troika!'
- In Denmark you are now paid to take out a mortgage
****
**** Hezbollah backs down from war with Israel
****
Hezbollah chief Sayyed Hassan Nasrallah giving televised speech on Friday
Hezbollah chief Sayyed Hassan Nasrallah gave a televised speech on
Wednesday gloating about Wednesday's attack on an Israeli convoy that
killed two soldiers. According to Nasrallah:
<QUOTE>"If Israel thinks the resistance is deterred and is
scared of a conflict, I tell you now after the attack in Qunetra,
we are not afraid of war. We will not think twice about
confronting the enemy and we will do so if he forces us.
We don't want war but we don't fear it. The resistance in Lebanon
is not concerned with rules of engagement. It is our legitimate
and legal right to fight aggression, wherever and whenever it may
occur."<END QUOTE>
It was a retaliation attack for Israel's January 18 airstrike at a
convoy in Syria that killed two of Hezbollah's top commands, as well
as five Iranians and a senior officer in Iran's élite Islamic
Revolution Guards Corps (IRGC). It was feared that Hezbollah would
demand additional revenge beyond the killing of two Israeli soldiers,
or that Israel would strike back. Either way the fear was that
something would spiral into a larger war, as had happened in 2006.
But in fact there had already been several reports that Hezbollah was
signaling Israel that it was backing down and didn't want a war.
That Nasrallah wanted to back down is completely believable. As we
explained two days ago,
the
Lebanese people are unified in being opposed to another war between
Israel and Hezbollah, since the 2006 war accomplished nothing but to
make like miserable in Lebanon.
In addition, Hezbollah is completely tied down in Syria. It's
undoubtedly true that Nasrallah would like to be responsible for
killing a few Jews, but his behavior indicates that he's much more
excited by the possibility of massacring and slaughtering thousands of
Muslims in Syria.
As
I've been reporting for a few weeks,
the real war going on in the Mideast today is not Muslims
versus Westerners, but Muslims versus Muslims. The same is true in
South Asia and North Africa. We have major terror attacks in Egypt
and Pakistan (see below), as well as news that Chad is bombing Boko
Haram positions in Cameroon. This large war of Muslims versus Muslims
is growing in many countries, including Pakistan, Afghanistan, Iraq,
Syria, Yemen, Somalia, Libya, Nigeria, Mali, and others to a greater
or lesser extent.
Daily Star (Beirut) and
Times of Israel
****
**** Clashes between Nusra front and Free Syrian Army spreading in Syria
****
Although the Islamic State / of Iraq and Syria (IS or ISIS or ISIL)
gets most of the press these days, thanks to their beheadings and
other publicity stunts, there are still other groups fighting in
Syria, and one those fights is said to be spreading. The al-Qaeda
linked Jabhat al-Nusra (al-Nusra Front) and Western-backed Free Syrian
Army (FSA) are both supposed to be fighting against the army of
Syria's Bashar al-Assad regime but, instead, they're fighting each
other. The clashes began on Thursday, just west of Aleppo, and on
Friday spread into Idlib province.
However, Ahrar al-Sham, another Islamist militia in Syria, has worked
with both groups in the past, and is calling for an end to the
clashes, and said the disagreement should be settled in an independent
Shariah court.
Daily Star (Beirut)
****
**** Jundallah takes credit for massive mosque attack in Pakistan
****
A powerful explosion leveled a crowded Shia mosque during Friday
prayers in Shikarpur, a city 200 miles north of Karachi in southern
Pakistan. At least 56 people were killed. Jundullah, a splinter
group of Tehrik-e-Taliban (TTP - Pakistan Taliban) claimed credit:
"Our target was the Shia mosque ... They are our enemies."
TTP and its various splinter groups have in the past attacked both
Sunni and Shia targets, but Jundullah has specialized in sectarian
attacks against Shias. Some of these targets have been on Iranian
soil, though most have been in Pakistan. Some analysts are warning
that sectarian attacks are increasing in Pakistan, at a time when
Muslim versus Muslim attacks of all kinds are increasing throughout
the region.
Daily Times (Pakistan) and
AFP
****
**** Egypt's military begins 'wide military offensives' in North Sinai
****
After Thursday's sophisticated multi-location North Sinai terrorist
attack by the ISIS-linked terror group Ansar Bayt al-Maqdis (ABM -
Ansar Jerusalem - Champions of Jerusalem) killing 31 people and
injuring dozens, Egypt's president Abdel al-Fattah al-Sisi is under
heavy criticism. There was a similar terrorist attack by the same
group last October, leading al-Sisi to declare a state of emergency in
the Sinai, and to build a one kilometer wide buffer zone along the
Gaza border, and yet ABM apparently defeated the security measures
with ease.
Al-Sisi has cut short his participation in the African Union summit in
Ethiopia to deal with the aftermath of the terror attack, and Egypt's
army is starting wide military offensives throughout North Sinai,
targeting terrorist hideouts using Apache helicopters and un-manned
planes.
There is a feeling in Egypt that the harsh security measures that were
taken after the October attacks have backfired, in the sense that the
Bedouins living in Sinai have become even more estranged from Cairo.
Al Ahram (Cairo)
****
**** Greece clashes with eurogroup 'No more bailout, no more troika!'
****
Greece's new Finance Minister Yanis Varoufakis met with the Eurogroup
of eurozone finance managers, and quickly announced that the meeting
was over. Varoufakis said that Greece did not want an extension to
meet the bailout conditions, and he said that he wanted to meet with
European leaders, not with technicians the "Troika" of organizations
that have been bailing out Greece -- the European Commission (EC), the
European Central Bank (ECB) and the International Monetary Fund (IMF).
Greece is supposed to receive an additional seven billion euro loan at
the end of February in order to made debt payments that will come due
in March. Greece needs to make those payments or else declare
bankruptcy and leave the eurozone. However, that money is dependent
upon a review by the Troika, and Varoufakis said he would not
negotiate with the Troika. Varoufakis says that Greece doesn't want
the money, because it would be used to pay for things they don't care
about -- namely their debts. Instead, Varoufakis wants to negotiate
directly with European heads of state and negotiate staying the
eurozone without going bankrupt and without leaving the
eurozone.
After the meeting, eurogroup chief Jeroen Dijsselbloem said, "Taking
unilateral steps or ignoring previous arrangements is not the way
forward."
Greek Reporter and
Kathimerini
****
**** In Denmark you are now paid to take out a mortgage
****
As we've been reporting for some time, Europe is in a deflationary
spiral which will end in a major financial panic and crisis. Now we
have a new sign: Nordea Kredit, a Danish bank, is offering a mortgage
with a negative interest rate -- which means that the bank lends you
the money, and then pays you interest. Actually, the interest rate
can vary from +0.03% to -0.03%, so not everyone will qualify for
negative interest rates, but a mortgage rate of +0.03% is not that
much anyway.
In a deflationary spiral, most people and businesses postpone
purchases and hoard cash. Hoarding cash is socially acceptable for a
residential family, but not for a bank, which is expected to lend
money for business loans and mortgages. And now, with the European
Central Bank planning a massive quantitative easing program, which
will "print" a lot of money and pump it into banks and the stock
market, banks are expected to get rid of that cash any way they can,
and now we're seeing the first negative rate mortgage.
The deflationary spiral in the U.S. is not advanced as far as it is in
Europe, but it's coming.
Zero Hedge
KEYS: Generational Dynamics, Hezbollah, Sayyed Hassan Nasrallah,
Lebanon, Israel, Syria, Bashar al-Assad,
Iran, Islamic Revolution Guards Corps, IRGC, al-Quds,
Islamic State / of Iraq and Syria/Sham/the Levant, IS, ISIS, ISIL,
Aleppo, Idlib, Ahrar al-Sham,
Free Syrian Army, FSA, Jabhat al-Nusra, al-Nusra Front,
Tehrik-e-Taliban, TTP, Pakistan Taliban, Jundullah, Karachi,
Egypt, North Sinai, Abdel al-Fattah al-Sisi, Gaza,
Ansar Jerusalem, Ansar Bayt al Maqdis, ABM, Champions of Jerusalem,
African Union, Ethiopia, Bedouins,
Greece, Yanis Varoufakis,
Troika, European Commission, European Central Bank,
International Monetary Fund, IMF, ECB,
eurogroup, Jeroen Dijsselbloem, Denmark, Nordea Kredit
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