Joaquín “El Chapo” Guzman vrs ISIS!

Mexican drug lord Joaquín “El Chapo” Guzman has a lot of enemies: the Mexican government, the Drug Enforcement Administration, Donald Trump.

But now the world’s most powerful drug trafficker is taking one what is arguably the world’s most feared organization, ISIS.

Chapo’s anger toward the radical jihadist group does not stem from some sense of altruism for the victims of the recent attacks in Paris or San Bernardino, but instead from concerns about his bottom line after ISIS destroyed several of his Sinaloa Cartel’s drug shipments moving through the Middle East.

In a harshly worded email to ISIS, which was leaked by the website Cartel Blog, Guzmán sent a stark warning to ISIS leader Abu Bakr Al Baghdadi about messing with the cartel’s business.

“You [ISIS] are not soldiers,” Guzmán purportedly wrote. “You are nothing but lowly p**. Your god cannot save you from the true terror that my men will levy at you if you continue to impact my operation.”

Guzmán added: “My men will destroy you. The world is not yours to dictate. I pity the next son of a whore that tries to interfere with the business of the Sinaloa Cartel. I will have their heart and tongue torn from them. It looks like it’s on.”

The Sinaloa Cartel is considered the world’s largest drug trafficking organization, with operations running throughout the Americas, Europe, Africa, Australia and Asia. In the Middle East, the cartel has become a major provider of cocaine, ecstasy and other so-called party drugs to oil-rich princes and businessmen throughout the region.

Islamic State fighters, however, abhor the use of drugs and have systemically been destroying any cartel shipments they get their hands on.

While the group is prolific on social media and in their video output, ISIS has so far not responded to the threats from Guzmán.

In his letter, Guzmán also hints that if he succeeds in destroying the terrorist group then he should be given immunity from prosecution. Guzmán made a highly-publicized escape earlier this year from a maximum security prison in Mexico, where he was awaiting trial on drug trafficking charges.

“It would be ironic that the group who ends up taking out ISIS is El Chapo’s drug cartel!” Guzmán reportedly wrote. “They seem up to the task and it could be worth giving immunity to this guy in exchange for him and his boys taking out ISIS once and for all!

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Finland says Europe must prepare for the breakdown of the euro

Erkki Tuomioja, Finland’s foreign minister told the Daily Telegraph that European leaders must prepare for an impending rupture of the euro zone. Tuomioja said he should be ready with an operational plan for any eventuality

 

Europe must prepare for the breakdown of the euro: Finland

There are no rules on how to leave the euro, but it’s only a matter of time. Or the south or north will fall, because the currency is causing misery for millions of people and destroying the future of Europe “Tuomioja said.

“It’s a total catastrophe. We will run out of money in the way we are going. But nobody wants Euroapa to be the first to abandon the euro and bear all the blame.”

The Minister of Finland, one of four euro zone countries rated “AAA” said the euro could break before a stronger European Union.

“It’s not something anyone wants in Finland, let alone the government. But we must be prepared. The breakdown of the euro is not the end of the European Union. This could work better with the European Union “he said.

Finland, which has veto power could use it to block new rescue measures and insisted on the guarantee of both Greece and Spain in exchange for bailout loans.

Romney asked to uphold the case -Holder of Fast and Furious be dismissed or resigns

Governor Mitt Romney of MA

Governor Mitt Romney of MA (Photo credit: Wikipedia)

Romney asked to uphold the case that -Holder Fast and Furious be dismissed or resigns

Chris Cox reported that none of the ATF officials involved in the case of weapons have been fired

WASHINGTON, April 13. – The Republican candidate for President of the United States, Mitt Romney, today supported the demand of the National Rifle Association (NRA) to Attorney General Eric Holder is dismissed or resigns from the failed operation “Fast and Furious”of arms smuggling to Mexico.

As part of the annual conference of the NRA, Romney also praised the Republican congressman Darrell Issa and Sen. Chuck Grassley same political sign to keep public pressure on the Obama administration for the controversial operation.

“And I applaud the leadership of the NRA for being the first to ask the Attorney Holder is dismissed or resigns,” he said the Republican applause from those attending the forum held in St. Louis Missouri.

Before his speech, the executive director of the Institute for Legislative Action (ILA) of the NRA, Chris Cox, asked its members to vote in elections for “fire” President Barack Obama and Attorney General Holder.

“President Obama should fire Eric Holder and we must dismiss the president in November,” he said Cox.

Before hundreds of its members, the overwhelming majority of men and women average age of the white race, Cox blamed the Obama administration for allowing the passage of illegal arms into the hands of Mexican cartels in drug trafficking.

“The Obama administration put gasoline in a fire death in our southwest border, but to cover up their steps blamed the NRA, its members and the Second Amendment,” he said, referring to the amendment protects gun ownership in America .

Cox reported that none of the officials of the Bureau of Alcohol, Snuff, Firearms and Explosives (ATF) involved in “Fast and Furious” has been dismissed and joked that, on the contrary, at least one was promoted.

Also criticized some of the major U.S. media, including CNN, ABC and CBS, have barely covered the controversial operation.

“That is a disgrace. But the NRA has covered the story and I promise: We will not stop, “he stated to the cheers of the audience.

The forum was attended by two leading critics of the Obama administration in connection with the operation “Fast and Furious”, the chairman of the Oversight Committee of the House of Representatives, Darrell Issa, and Republican Senator Chuck Grassley.

Besides Romney was invited former President of the House of Representatives, Newt Gingrich and former Republican senator from Pennsylvania, Rick Santorum, who suspended their search for the presidential nomination last week.

Among those attending the forum were also the leader of the Republican majority in the House of Representatives, Eric Cantor and the governors of Wisconsin, Scott Walker, and Louisiana, Bobby Jindal.

The NRA is the largest national organization of defense of freedom for the possession of weapons and claims to have over 4.3 million members.

Europe leading the way in Protectionism!

English: César Gaviria, Colombian politician, ...

Image via Wikipedia

Resurgent protectionism, a ghost who comes from Europe

The setbacks in the GDP of many nations has led to this business practice, which damages the health of world economies

The resurgence of protectionism in several countries, mainly in Europe, both in trade and in capital flows following a prolonged recession, are a risk to the financial health of many economies.

According to a study published yesterday in New York by Standard and Poor’s, the closure of European economies may affect the development and growth of Latin American countries, mainly in the center of the region.

“The impact of possible shocks differs in several places outside the region. Central America is more vulnerable than Mexico and many Latin American countries, which have a greater capacity to adopt countercyclical policies, “says the report.

Latin America will grow between 3.5 and four percent in 2012 that is two percentage points higher than developed countries and currently available as a region of higher grades of sovereign debt before the start of the global crisis in 2008, according to S & P.

However, the rating agency warns in his study entitled The changing global economic outlook and its impact on Latin America a risk of unexpected change of the current policy framework affecting international trade and capital flows.

According to Standard and Poor’s (S & P), “uncertainty and change characterize the global economy in 2012” with the possible negative impact on emerging markets.

These recent analyzes, the firm adds the risk of “abrupt changes in the rules of the international economic system” that could “affect” the prospects for growth in Latin America.

For the World Economic Forum, there are many examples of countries taking measures that discriminate against foreign firms and products to protect its domestic market.

“The pressures of high unemployment are increasing the demand for protection and stabilization measures of the government. There are several legal forms of protection that can be applied administered through procedures such as those on anti-dumping , countervailing duties and safeguards, “the agency said in its 2010 report on Global Trade Facilities .

Then there is the prospect of many years of hardship and painful reforms in Europe (and to a lesser extent, in the U.S.), which could create an unexpected political backlash, changing the general course of international politics.

“The stagnation would undermine the perception of earnings, a result of increased international economic integration, potentially leading to a backlash in some countries for greater nationalism” they add.

Success stories

For specialists, Brazil is one of the nations in Latin America is turning to protectionism in the economy as a way to revive its growth rate, which rose from 7.5% in 2010 to 2.7% in 2011.

The country has great potential in raw materials and an internal market of 205 million.

The scenario in Latin America may be complicated if the sixth largest economy now decided to close. “There will be a slowdown in world trade will be cut and recovery prospects on a global scale,” according to the analysis of S & P.

Resurgent protectionism, a ghost who comes from Europe

Protectionism comming from Europe

France is another example. President Nicolas Sarkozy threatened on Sunday to ignore the European limitations on the issue of protectionism to support his country in an election more than an economic issue.Sarkozy said it was time to support local businesses and stop the uncontrolled flow of immigrants and cheap imports, which demonstrate the lack of protective controls.

He also proposed a European law similar to the Buy American , which would force governments to be in favor of the purchase only of products manufactured in Europe, and said France would begin to apply the rule unilaterally.

“I want a Europe that protects its citizens. I do not want unfettered competition. “

United States has been criticized for its other nation protectionism that violates NAFTA agreements and NAFTA.

Even Mexico has stated that “political restriction” in the U.S. Congress led by the unions, the clause Buy American for the consumption of American products and the tendency of EU to protect their companies, restrict international competition, as an example is the question of the entry of Mexican carriers to U.S. territory.

More anti-dumping

In recent years there is a rise in applications and implementations of the measures dumping (if a company exports a product at a lower price than it normally charges on the market, is said to be dumping ), says the World Economic Forum.

According to the agency, average tariffs in Brazil and Argentina rose three percentage points, due to increases in industrial taxes.

In contrast, there was a marked decrease in the average tariff rate of one to two percentage points in Nigeria, Mexico, Iceland and Ukraine.