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World View: U.S. Sends More Troops to Jordan After Threat from Syria

World View: U.S. Sends More Troops to Jordan After Threat from Syria

This morning’s key headlines from GenerationalDynamics.com

  • Split Venezuela election leads to seven protester deaths
  • IMF: Loose U.S. monetary policy risks global financial stability
  • China issues white paper describing its armed forces
  • U.S. sends more troops to Jordan after threat from Syria

Split Venezuela election leads to seven protester deaths

Maduro supporters shout slogans during a Tuesday protest in Caracas (Reuters)
Maduro supporters shout slogans during a Tuesday protest in Caracas (Reuters)

Following the razor-thin victory by Nicolas Maduro in Sunday’spresidential election in Venezuela, a series of opposition-ledprotests have resulted in seven deaths. When the late Hugo Chavez ranin last year’s presidential election, he beat opposition leaderHenrique Capriles by 20%. Maduro had hoped to beat Capriles by asimilar margin in this year’s runoff election, following the death ofChavez, but instead he won by only 1.5%. Capriles has requested afull recount of Sunday’s votes. Maduro at first agreed, and laterrefused, further infuriating the opposition. Maduro is now banning anyfurther protests, and is calling the protesters “Nazis,” who arefollowing a script written by the United States, which he says isplanning a coup against him. Maduro does not have anything likeChavez’s charisma, and the fear is that the close election will be thetrigger for continued violence between the two ideological camps.Venezuelanalysisand Al-Jazeera

IMF: Loose U.S. monetary policy risks global financial stability

According to the International Monetary Fund (IMF) Global FinancialStability Report, issued on Wednesday, loose monetary policy in theU.S. has encouraged weaker standards for corporate underwriting whilecompany debt continues to grow, posing a risk to financial stability.In other words, corporations are taking the same risks that they tookin mid-2000s decade, in the lead up to the financial crisis.Concerning Europe, the report says that the debt levels at banks inPortugal, Ireland, Italy, Greece, Spain and Cyprus (PIIGS + Cyprus)are unsustainable. Reuters and International Monetary Fund

China issues white paper describing its armed forces

China has issued a new white paper, “The Diversified Employment ofChina’s Armed Forces,” describing the duties of the People’sLiberation Army (PLA), including the army, navy and air force, as wellas the “Second Artillery Force (PLASAF),” responsible for carrying outnuclear counterattacks and precision strikes with conventionalmissiles. According to the paper, the PLA has evolved from purelydefensive capabilities to offensive capabilities as well, although thepaper insists, “We will not attack unless we are attacked; but we willsurely counterattack if attacked.” The paper says that China hassigned border cooperation agreements with seven neighboring countries,including Vietnam, but doesn’t mention the PLA policy of using itsvast military power to take control of the entire South China Sea,including regions that have historically belonged to Vietnam and othercountries. The white paper also doesn’t mention that China hasalready effectively declared cyber war with the United States.Council on Foreign Relations and Xinhua

U.S. sends more troops to Jordan after threat from Syria

The U.S. has informally had special forces in Jordan for the lastyear, assisting the Jordanian forces. On Wednesday, theU.S. announced that it would create a more official military presencein Jordan — the first formalized ongoing presence of an Americanmilitary unit in Jordan for many years — deploying 200 troops to thecountry. The troops will be “ready for military action” if presidentBarack Obama were to order it. The announcement comes as Syria’spresident Bashar al-Assad warned the government of Jordan that it wasrisking war within its own borders by hosting training camps forSyrian rebels, with U.S. help. He said he hoped that Jordanianofficials realized “that the fire does not stop at our borders andeveryone knows that Jordan is exposed to it as is Syria.” CNN and LA Times

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