Thứ Ba, 25 tháng 12, 2018

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All major markets are closed today due to Christmas celebration.

The movement of quotes reflects Friday's investors sentiment and reacts to political

news as there is no macroeconomic statistics coming out today.

First of all, let us take a look at the investors sentiment in the stock market.

All the major US indices have been falling since Wednesday after the outcome of the Fed's

meeting was out.

The Dow Jones index finished the trading week at its 15-month low on Friday.

At the same time, the hike of the funds rate means credits will get more expensive.

The US stock market faces challenges not only in a view of business that prepares for hard

times, but also due to another wave of political tensions in the country as Donald Trump refused

to sign a spending bill.

This way the President showed his frustration with the fact that the money for the construction

of the wall at the border with Mexico was not budgeted in the bill.

Besides, Donald Trump's protectionism still has a significant impact on markets.

The US-China trade dispute is in the spotlight not only this year, but next year as well.

At the moment, representatives of all the US government's parties seem to be quite

united which happens very seldom.

This unity that threatens stability of global economy is the major trigger of the safe assets'

rise.

Thus, the yen/dollar pair came back to August's levels.

The pair is trading flat around 111.00.

Obviously, traders who did not leave for holidays would keep on buying the non-risk assets during

the Christmas week.

For more infomation >> 24.12.2018: Why US stock market crashes - Duration: 2:20.

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Troop drawdowns and Defense Dept. turnover leave U.S. foreign policy in flux - Duration: 8:39.

NICK SCHIFRIN: The president's decision to withdraw forces from Syria, signed yesterday

by Defense Secretary James Mattis, and order the Pentagon to develop plans to withdraw

troops from Afghanistan could dramatically change the path of U.S. foreign policy here

in Washington and overseas, where U.S. troops have been fighting multiple wars.

In the Northern Syrian city of Manbij, American soldiers spent Sunday with their local allies,

and patrolling a local market, exactly what President Trump has ordered them to stop.

A year-and-a-half ago, U.S. troops teamed up with Syrian Kurds to evict ISIS from Manbij

and other former ISIS strongholds.

In total, there are 2,200 Americans in Syria.

And over the last four years, U.S. support to anti-Assad forces and the Iraqi government

and a U.S.-led campaign helped eliminate 99 percent of ISIS' territory across Syria and

Iraq.

But the main U.S. ground ally, Syrian Kurds, are seen by Turkey as an enemy.

And, today, Turkish television broadcast footage of a military convoy deploying to the Syrian

border.

The Syrian Kurds warn they may have defend an imminent Turkish attack, and stop fighting

ISIS terrorists, the head of their political wing, Ilham Ahmad, said this weekend.

ILHAM AHMAD, Co-President, Syrian Democratic Council (through translator): Even when the

Americans were not in the region, we were already fighting terrorism.

We will continue our mission, but this will be difficult because our forces will have

to withdraw from the front to deploy along the Turkish border to repel any attack.

NICK SCHIFRIN: But President Trump says the U.S. withdrawal is slow and highly coordinated

with Turkish President Recep Tayyip Erdogan.

And, today, Mr. Trump tweeted that Erdogan promised to -- quote -- "eradicate whatever

is left of is in Syria.

And he is a man who can do it.

Plus, Turkey is right next door.

Our troops are coming home."

BRETT MCGURK, Former Special Presidential Envoy for the Global Coalition to Counter

ISIL: Even as the end of the physical caliphate is clearly now coming into sight, the end

of ISIS will be a much more long-term initiative.

NICK SCHIFRIN: That was the U.S.' top anti-ISIS official, Brett McGurk, just last week.

This weekend, McGurk accelerated his February departure to protest the president's decision.

McGurk argued the U.S. should stay in Syria, and better coordinate with allies, to ensure

ISIS' defeat.

BRETT MCGURK: Nobody is declaring a mission accomplished.

Defeating a physical caliphate is one phase of a much longer-term campaign.

NICK SCHIFRIN: But the president opposes that kind of stabilization campaign in Syria and

in Afghanistan, where U.S. officials say President Trump wants to cut the 14,000 troops in half.

Most U.S. troops help train Afghan forces, and serve as a symbol to support the Afghan

government.

Others fight ISIS and the Taliban, helping create leverage in nascent peace talks between

the Taliban and lead U.S. negotiator Zalmay Khalilzad.

But President Trump says the U.S. will not support long-term military relationships without

something in return.

"We are substantially subsidizing the militaries of many very rich countries all over the world,

while at the same time these countries take total advantage of the U.S. and our taxpayers

on trade," he tweeted today.

"General Mattis didn't see this as a problem.

I do, and it is being fixed."

Secretary of Defense James Mattis wanted to stay until February, but this weekend the

president said he would leave next week, and replaced by deputy Secretary of Defense Patrick

Shanahan.

Let's explore what all this means with Wall Street Journal national security reporter

Nancy Youssef.

Nancy Youssef, welcome to the "NewsHour.

Thank you so much for being here.

NANCY YOUSSEF, The Wall Street Journal: Great to be with you.

NICK SCHIFRIN: Let's start with Syria.

The president used the words slow and coordinated.

What does that look like, most likely?

NANCY YOUSSEF: Well, that's actually an issue that's changing even as we speak, because,

when these talks started, the U.S. was talking about leaving Syrian 30 days.

And now we are with starting to hear of a timeline that is as long as 120 days.

And rather than just sort of precipitous withdrawal or drawdown, we are starting to hear talks

about Marine General Joseph Dunford, the chairman of the Joint Chiefs of Staff, meeting with

his Turkish counterparts.

We're hearing about ways that possibly the U.S. could continue some form of its airstrike

campaign in support of the coalition, and really coming up with a specific plan which

would allow potentially for U.S. troops to go in temporarily, rather than picking up

everything and leaving, so that the plan would be such that the U.S. can, in some way, support

its Kurdish partners on the ground and try to protect its gains against the Islamic State,

and even maybe finish off the last remnants there in the days and the weeks ahead.

NICK SCHIFRIN: So the president has said not that the U.S. is going to finish off ISIS,

but that Turkey is going to finish off ISIS.

He said that in a couple tweets.

But is there any evidence that Turkey actually intends to do that or wants to target ISIS,

rather than what it considers its enemy, the Syrian Kurds?

NANCY YOUSSEF: Well, the challenge for the Turks even before that is, it's not clear

that they have the military capability to go all the way down to where ISIS is, nearly

200 miles from the Turkish border.

When they were in Afrin, which is much, much closer, they were really challenged by some

of the logistics of conducting such a military operation.

So there's that.

And, as you point out, even if they were able to do it, it's not clear that they see ISIS

as a preeminent threat.

They have stated that they see the U.S.' Kurdish partners, members of the Syrian Democratic

Forces, as a terrorist group.

And so the idea that they would come in and work hand in hand the way the U.S. has with

the Kurdish partners seems very, very unlikely.

These are people they have literally called terrorists.

NICK SCHIFRIN: And the U.S., though, have required the Kurds, they have needed the Kurds,

they have allied absolutely with the Kurds.

What are the Syrian Kurds' options right now?

Could they even actually turn to the Assad government and form some sort of alliance

there?

NANCY YOUSSEF: We're already starting hear -- but let me just start by saying they're

still fighting ISIS, and they're not fighting mean necessarily out of loyalty to the United

States, but to protect themselves, because they're on the front lines of that war.

And we have started to hear that they're talking with the Assad regime.

We have had members of the SDF, the Syrian Democratic Forces, in Moscow and in Paris

trying to negotiate.

And what they're saying is, we're working with anybody we can to fill the vacuum that

will be created when the Americans leave to protect our own interests.

And so there's a scenario where they reach a deal with the Assad regime and the Assad

regime then reaches a deal with partners like Russia to come up with some sort of exit and

what a plan for what Northeast Syria looks like, who is where, who controls what.

NICK SCHIFRIN: All right, so we got to do Syria and also Afghanistan.

So, we have got about 14,000 troops right there right now.

U.S. officials have talked about cutting that in half to 7,000.

What kind of talk is there, if any, yet of the specifics of that withdrawal?

NANCY YOUSSEF: So what's interesting is, we have been hearing for a long time that the

Trump administration was looking for some sort of withdrawal plan out of Afghanistan,

but in coordination with the ongoing peace talks being led by Zalmay Khalilzad.

What's happened now is that the United States has sort of jumped ahead of those peace talks

and said it has plans to withdraw half of its troops.

There's -- there are plans that could start that withdrawal as early as January.

The problem is, one of the key components of the peace talks for the Taliban was coming

up with some sort of number for U.S. troops leaving.

And the U.S. now essentially said, we are going to give up half, without having gotten

anything out of the Taliban.

So it really raises questions, if we're already down by 7,000, could the Taliban negotiate

something where that number drops even further?

NICK SCHIFRIN: And, lastly, we have a new acting secretary of defense, Deputy Secretary

of Defense Shanahan, very little government experience, was at Boeing.

More aligned perhaps with the president?

NANCY YOUSSEF: We don't know, because he's really a businessman.

He has run the day-to-day operations.

He's focused on business and the relationship between the business community and the Pentagon.

And even in his confirmation hearing, he said, I'm here to complement the secretary of defense,

Mattis, who will take care of policy.

I will take care of business, and, in fact, stumbled a little bit when answering policy

questions during his confirmation hearings about Ukraine.

So, we don't know.

That said, he has supported the president in his effort to create the Space Force.

He is aligned with the president in terms of fixing things financially and putting the

focus back on budgets and not on putting troops on the front lines.

NICK SCHIFRIN: And very quickly, in the time we have left, Secretary Mattis is trying to

be professional at this moment, even though this is not a normal moment for the White

House and the Department of Defense.

What about his staff?

Is there a level of anger?

And will they stick around to help Secretary Shanahan?

NANCY YOUSSEF: The indications right now are not, that a lot of people said that they joined

the department when they did to work for Secretary Mattis, and they're already indications that

as many as a dozen could be gone in the week ahead.

And so that's a real challenge, because, as we have discussed, Secretary Shanahan doesn't

have policy experience.

And he will lose a lot of experience with Secretary Mattis' departure.

NICK SCHIFRIN: Nancy Youssef of The Wall Street Journal, thank you so much.

NANCY YOUSSEF: My pleasure.

For more infomation >> Troop drawdowns and Defense Dept. turnover leave U.S. foreign policy in flux - Duration: 8:39.

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MIGRANT CARAVAN LATEST NEWS TODAY , Trump Gets $5.7 Billion Dollars For US Border Wall - Duration: 10:41.

For more infomation >> MIGRANT CARAVAN LATEST NEWS TODAY , Trump Gets $5.7 Billion Dollars For US Border Wall - Duration: 10:41.

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Saudi student wanted for murder of Oregon teen fled US in private jet helped by Saudi consulate - Duration: 7:59.

Officials say they are doing everything they can to get a man from Saudi Arabia back in the United States after he fled on what investigators believe to have been an illicit passport on board a private jet with the help of his country's consulate

Abdulrahman Semeer Noorah denied the manslaughter of 15-year-old Fallon Smart who was hit by his gold Lexus when he illegally swerved around stopped traffic letting the teenager cross the road in Portland, Oregon in August 2016

The Portland Community College man went missing June 10, 2017 – just two weeks before he was due to stand trial - and the Saudi government confirmed to US Marshals this July that by June 17 that year he had returned

KSA has no extradition agreement with the USA.'We're doing everything we can to get him back,' Eric Wahlstrom, a supervisory deputy US Marshal in Oregon told Oregon Live

Fresh claims say the Saudi citizen, then 21, packed a bag, was picked up by a private black GMC Yukon XL car that drove him two miles to a sand-and-gravel yard, then he cut off the tracking device on his ankle before beginning his journey back home

He had been given permission from his bail release supervisor, Deputy Kari Kolberg, to study at college that afternoon but that's not where the SUV took him

Kolberg only learned of his disappearance after returning from a weekend trip where she didn't have cell phone service and after contacting the prosecutor, Overstreet, there were fears Noorah had taken his own life

They used sniffer dogs to search a nearby park and the location where his ankle monitor was eventually found

Then surveillance footage of the vehicle he's believed to have escaped in corroborated the story according to a GPS log

Police found a bag packed with clothes, a cell phone and computer at his home.It's unclear why he left it

No flights through the US or Canada showed up with his name leading investigators to believe Saudi Arabia gave him a passport under a different name to cross a border

The consulates in Los Angeles and Washington declined to comment to Oregon Live about Noorah

Noorah's bail had been raised from $280,000 to $1million as he was deemed a flight risk

But it didn't stop him from evading the law as the consulate provided posted $100,000, the 10 per cent needed in the state to be released

As the money was given directly to him it meant the KSA government was not responsible for the full amount owed

However authorities cannot find the individual to collect anyhow.According to records, the country worked with private investigators to handle his case before he vanished

He had to hand over his passport when he paid the amount on September 11, 2016 and remained under house arrest at the home of his US host Terri Stanford as he continued his studies on a scholarship

The Saudi Arabian embassy financially supported Noorah with monthly payments of around $1,800 His host – who has seen many exchange students come through her door - described him as 'one of the kindest boys I've ever met'

Two years ago she said she was worried about his 'mental stability' and 'declining health' as he stopped eating, sleeping and being social before he was due to stand trial

'He suffers immensely from remorse and the effects of his trauma,' she wrote in a letter to his lawyer

Stanford said Noorah began to take prescription medicine and was hospitalized on more than one occasion

She claimed eventually 'he couldn't function' and she believed 'there was no way he was going to survive jail'

It came after his grandmother passed away, his mother became ill and pressure mounted with his exams due to take place a week before the trail start date

Two of his attorneys declined to speak to Oregon Live.Multnomah County prosecutor Shawn Overstreet agreed 'he was not doing well' at the time

Noorah was driving around 50 mph or 60 mph on a suspended license when Smart was killed

Fallon's family are outraged that he has fled after pleas to deny him bail.Her uncle wrote on Facebook last year: 'It seems to me, based on previous facts and strange occurrences, there are strings being pulled for this man

I am not making accusations, but am simply stating facts, and what one might speculate based on those facts

In 2012 the Saudi government paid bail for Oregon first-degree rape suspect Ali Hussain Alhamoud, who was also accused of other sex crimes

On the same day he flew back to his country.In 2015 KSA paid the $100,000 for a male accused of rape in Utah

Monsour Alshammari was later found trying to flee at the US-Mexico border.Saudi Arabia is also believed to have held a squad of 15 men leave the country on a private jet the same day journalist Jamal Khashoggi was murdered at the consulate in Istanbul in October

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