Turkey’s Great Purge

Mustafa Akyol * – The New York Times

ISTANBUL — More than a month has passed since the July 15 coup attempt in Turkey. Most people here are glad we averted a major attack on our democracy, which could have initiated not only a brutal military regime but maybe even a civil war. Many people outside Turkey, on the other hand, seem more worried about the failed coup’s aftermath than the bloody putsch itself, which left more than 250 people dead.

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“Go home!”: Being Foreign in Post-Brexit Britain

Andrea Mammone – Boston Review

Ornella is the Italian bookseller in London. In the most multicultural and energetic European capital city, she runs a bustling shop specializing in Italian literature and society. The place attracts all manner of Italian emigrants, from upper-class ladies and downcast youth to bankers and writers. Ornella usually has a kind word and a reassuring gesture for everyone, especially the young who are living outside of Italy for the first time. But after the June 23 referendum that set the UK on the path to leave the European Union, Ornella has lost her optimism. “I have moments of real depression,” she texted me. “We will get a new Margaret Thatcher at some point.”

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Hungarian MEP’s pig heads along border idea leads to Twitter dispute

The Guardian

György Schöpflin is spouting ‘xenophobic filth’ with tweet about deterring refugees, says Human Rights Watch director

A Hungarian MEP has caused an outcry by suggesting pigs’ heads along Hungary’s border fence would help deter migrants.

Under its conservative prime minister, Viktor Orbán, Hungary has taken one of the harshest stances over the recent mass influx of migrants and refugees to the EU, a crisis that has divided the member states.

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Brexit: Worst Case Scenario For EU; Armageddon Promise Now Exposed As Pack Of Lies

by Tyler Durden – Zero Hedge

Submitted by Michael Shedlock via MishTalk.com,

Project Fear predicted economic meltdown if Britain voted leave. Where are the devastated high streets, job losses and crashing markets?

In other Brexit news, Sweden warns the UK about cutting corporate taxes. How should the UK respond? Who is in control?

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Trump’s Speech on Terrorism Was an Inexcusable Exercise in Scapegoating and Scaremongering

By James Carden – The Nation

From ISIS to the Iraq War to immigration—what wasn’t wrong about Trump’s speech.

On Monday, Donald Trump gave a speech at Youngstown State University that amounted to an overlong, incoherent exercise in scaremongering. Most of the press coverage, almost uniformly negative, focused on the Republican nominee’s call for the “extreme vetting” of visa applicants. But there was much more to it than that.

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A split euro is the solution for Europe’s single currency

Joseph Stiglitz*

The problems with the structure of the eurozone may be insurmountable, writes Joseph Stiglitz

That Europe, and especially the eurozone, has not been doing well since the 2008 crisis is beyond dispute. The single currency was supposed to bring prosperity and enhance European solidarity. It has done just the opposite, with depressions in some countries greater than the Great Depression.

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The return of American exceptionalism

Edward Luce – Financial Times

Clinton’s rhetoric and worldview are strikingly different to Obama’s

Until recently most of the world yearned for the US to become a more normal country. It had seen enough of George W Bush’s freedom agenda to put it off American exceptionalism for good. People should be careful what they wish for. Donald Trump may be the most gaffe-prone — and offensive — US presidential nominee in history. But he is also the first to scorn the belief that America’s mission should be to uphold universal values. It is not clear he even thinks such values exist. Hillary Clinton, on the other hand, is their unabashed cheerleader. “I believe with all my heart that America is an exceptional country,” she said in June. “We are still, in Lincoln’s words, the last best hope of earth.”

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What Two Years of Negative Interest Rates in Europe Tell Us

By THE EDITORIAL BOARD – THE NEW YORK TIMES

Hoping to kick-start European economies, the European Central Bank took the extraordinary step two years ago of lowering one of its key interest rates to below zero. The idea was to discourage banks from stashing their money in the central bank by charging them a modest rate for doing so. Since the banks would lose money rather than earn interest on their deposits, it was hoped they would be prompted instead to make more loans at lower rates to businesses and consumers.

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One Humanity? Millions of Children Tortured, Smuggled, Abused, Enslaved

By Baher Kamal

ROME, Aug 16 2016 (IPS) – Children are being smuggled, sexually abused, maimed, killed for their vital organs, recruited as soldiers or otherwise enslaved. Not only: 69 million children under five will die from mostly preventable causes, 167 million will live in poverty, and 263 million are out of school. And 750 million women will have been married as children by 2030.

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An Inheritance of Incompetence

A devastating report on IMF

By John Mauldin, a noted financial expert, a New York Times best-selling author, a pioneering online commentator, and the publisher of one of the first publications to provide investors with free, unbiased information and guidance—Thoughts from the Frontline—one of the most widely read investment newsletters in the world.

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If Elected, Clinton Could Give Children’s Treaty a Decisive Boost

By Adam Fifield*

Twenty-one years ago, Hillary Clinton made a promise.

Then First Lady, she was speaking at the memorial service for UNICEF’s legendary executive director Jim Grant. It was a blustery February day in 1995, and more than 2,500 people had filed into New York’s cavernous Cathedral of St. John the Divine to pay respects to a man who, Clinton would later note, “may have been more responsible for saving more lives over the past 15 years than any other person in the world.”

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My 10 principles to reform the United Nations, before it’s too late

Kevin Rudd* – The Guardian

I will not now be a candidate for the position of UN secretary general but I offer these reflections to the next SG and to the UN member states

The United Nations is now 70 years old. And the world of 70 years ago was a vastly different place to the world of today. Global geo-politics is in the middle of its third great transformation since the last global war: from 40 years of cold war, to what now seems to have been the 20 year temporary peace that followed the fall of the Soviet Union, to the current period of growing geo-political instability between the US and Russia, the US and China and the now the deepening strategic engagement between China and Russia.

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