Tuesday, September 25, 2018

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Fight to Retake Last ISIS Territory Begins

The safe haven the militants enjoyed also allowed them to innovate. They taught themselves how to manufacture weapons on an industrial scale , they launched their own drone program , and they refined a method of online recruitment allowing them to guide terrorist plots from afar as if by remote control . But driving the militants from their territory alone will not be enough to bring about their long-term defeat, officials and analysts say. The Islamic State remains capable of wreaking damage around the world simply by inspiring adherents to take up a gun, a bomb or even a car. And in Iraq and Syria, the group has reverted to an insurgency. “The easy part is done, which is removing ISIS from the cities it controlled,” said Michael Knights, a senior fellow at the Washington Institute for Near East Policy. https://prohaskaeder1995.wordpress.com “Now comes the hard part.” Politicians looking to score a public relations victory have taken to describing the Islamic State as defeated, even decimated. President Trump has gone so far as to use the phrase “ absolutely obliterated .” Iraqi border guard troops looking out across the border with Syria in April. Islamic State fighters were believed to be hiding out nearby.CreditIvor Prickett for The New York Times But analysts who have been studying the group since it implanted itself in Iraq in the aftermath of the American invasion in 2003 point out that in the 15 years since then, the Islamic State held significant amounts of territory for only the last four. They argue that the group, which went through four name changes before dubbing itself the Islamic State in 2014, will now revert to the organization it was before https://copperamory1988.wordpress.com the caliphate.

For the original version including any supplementary images or video, visit https://www.nytimes.com/2018/09/11/world/middleeast/isis-syria.html

Economies as varied as Argentina, Russia, South Africa and Turkey are facing the maelstrom, but each has its own reasons for falling out of favor, and the turmoil has yet to raise anxiety about the world’s biggest economies and markets. Here are the key issues that each is contending with. Investors were already jumpy because of past crises One of South America’s largest economies, Argentina spent much of the last two decades locked out of global markets, in the aftermath of its 2001 financial meltdown. But the 2015 election of President Mauricio Macri was a turning point. He focused on returning the country to the good graces of international investors, by removing restrictions on the flow of capital in and out of the country, and reaching settlements with creditors still owed money since the 2001 collapse. Argentina was able to regain access to the bond market in April 2016, when it raised $16.5 billion from international investors. Once it did, Argentina repeatedly turned to global investors, tempting them with high bond yields and pledges to gradually bring the country’s spending problems under control. Then, almost as suddenly as it started, Argentina’s honeymoon with global investors ended this year — for several reasons: A drought hit soy and corn production, which is crucial to the economy. The government showed little progress in reining in deficits. The central bank lowered interest rates even as inflation was rising fast, which was taken as a sign that it wasn’t serious about keeping the peso on solid footing.

For the original version including any supplementary images or video, visit https://www.nytimes.com/2018/09/11/business/economy/emerging-markets-economy-bust.html

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