Showing posts with label Bloomberg News. Show all posts
Showing posts with label Bloomberg News. Show all posts

Monday, April 27, 2015

McCain Renews Push To End CIA Control Of Drone Strikes 

By David Lerman, Apr.27, 2015, Bloomberg News

Sen. John McCain renewed his effort to end the CIA’s control over U.S. drone strikes after an attack on an al-Qaida compound in Pakistan killed two hostages.

Now that drones have become “an integral part” of U.S. military operations, it makes sense for such airstrikes to be managed by the nation’s armed services rather than by spy agencies, the Arizona Republican said Sunday on CNN’s “State of the Union.”

McCain, chairman of the Senate Armed Services Committee, acknowledged his bias in seeking to give the Defense Department greater control, adding that the military has “the capabilities and the equipment” that the Central Intelligence Agency lacks to conduct effective drone strikes.

The accidental killing of two hostages, one American and one Italian, in a January drone strike was disclosed last week. It may force Congress to revisit an issue that in the past had become a turf battle among lawmakers, with intelligence committees favoring the CIA and defense committees backing the Pentagon.


Read the full story:  www.hamptonroads.com

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Monday, January 19, 2015

Venezuelans Throng Grocery Stores Under Military Protection

Andrew Rosati and Noris Soto, Jan. 9, 2015, Bloomberg

“I’ve visited six stores already today looking for detergent -- I can’t find it anywhere,” said Lisbeth Elsa, a 27-year-old janitor, waiting in line outside a supermarket in eastern Caracas. “We’re wearing our dirty clothes again because we can’t find it. At this point I’ll buy whatever I can find.”

Read more: www.bloomberg.com


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Thursday, January 15, 2015

Billionaire Carlos Slim Doubles Holdings in New York Times

Patricia Laya and Gerry Smith, Jan. 14, 2015, Bloomberg

Billionaire Carlos Slim became the largest investor in the New York Times Co. after exercising options to acquire 15.9 million shares in the newspaper company.

Slim bought the shares for almost $6.36 each, about half of Times Co.’s $12.28 closing price, Times Co. said today in a statement. That boosted his stake to 16.8 percent of the company’s Class A shares.

Read more: www.bloomberg.com


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Friday, January 9, 2015

Le Pen May Gain As Magazine Attack Strains French Divide

Angeline Benoit, Sandrine Rastello, and Caroline Alexander, Jan. 7, 2015, Bloomberg

The lessons voters draw from the deadliest attack on French soil since World War II will shape the political debate as the country looks toward the 2017 election. Hollande, the most unpopular president in modern history, is struggling to make up ground on Le Pen, who’s seen her support surge as she blames immigrants for France’s near-record unemployment and deepening inequalities.

Read more: www.businessweek.com


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Europe’s Islam Debate Erupts As Paris Killers At Large

James G. Neuger, Jan. 8, 2015, Bloomberg

There is little chance of EU governments uniting around a coordinated immigration policy in the foreseeable future, said Timo Lochocki, a fellow at the German Marshall Fund in Berlin. Nor would a clampdown catch native-born radicals like the suspects in yesterday’s attack.

“There’s no effect whatsoever of increasing border controls if you’re concerned about terrorist threats with a domestic source,” Lochocki said. “This applies to the French case and will likely apply in future cases.”

Read more: www.businessweek.com


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