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Jackson Hole Symposium in Focus; Brexit Again in Driver’s Seat

August 21, 2017 Oil N' Gold 0

The focus of the week is on the Kansas City Fed’s Jackson Hole symposium beginning on Thursday evening. Key financial officials of major economies would be speaking with ECB President Mario Draghi due to speak on Thursday and Fed Chair Janet Yellen on …

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Israeli opposition says Abbas tried to resume security ties with Israel

August 21, 2017 Middle East Monitor 0

Palestinian President Mahmoud Abbas told Israeli opposition lawmakers on Sunday that he had proposed rolling back his month-old suspension of security coordination with Israel, but that it did not respond to the overture, the delegation said. Abbas suspended ties on July 21, demanding that Israel remove metal detectors it had installed outside a Jerusalem compound housing the Al-Aqsa mosque in response to the killing of two of its police guards by gunmen who had holed up there. Amid Palestinian and Jordanian unrest, and U.S. mediation efforts, Israel dismantled the walk-through gates on July 25 and said it would install less obtrusive security measures. “We recently communicated with them (Israeli security officials) in an attempt to resume some kind of cooperation,” Abbas told a […]

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“Catching” a U-2 fresh back from America’s air wars

It may not sound possible to “catch” an American spy plane while driving a Dodge Charger. But that’s precisely what we did on a sweltering August afternoon at Al Dhafra Air Base in the United Arab Emirates. In a US Air Force safety maneuver that hardly felt like one, our car raced onto the military runway just as a U-2 spy plane approached for a landing. The plane itself was designed in the 1950s to grip the lightest parts of the atmosphere some 70,000 feet above the Earth, so, in the words of one of the U-2 pilots, “it really doesn’t want to stop flying.” Enter the Dodge Charger, which along with another so-called “chase car” helped guide the spy […]

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