Death toll from missiles on Ukraine town rises to 17

ZAPORIZHZHIA, Ukraine - At least 17 people including a child died when seven Russian missiles struck the industrial town of Zaporizhzhia in southern Ukraine, the Ukrainian authorities said Saturday.

The missiles struck before dawn on Thursday, with three landing in the town center, just 40 kilometers (25 miles) from the artillery battles of the southern front.

"In total, 17 people were killed," Ukraine's State Emergency Service said on Telegram, adding that one of them was a child.

The toll has repeatedly risen since an initial tally of one dead. Earlier on Saturday, it had stood at 14.

A five-storey residential building on the main street was almost razed to the ground.

President Volodymyr Zelensky lashed out on Telegram saying Zaporizhzhia "is subjected to massive rocket attacks every day... (it's a) deliberate crime".

The Ukrainian-controlled city is located in the eponymous Zaporizhzhia region, also home to the Russian-occupied nuclear plant that has been the site of heavy shelling.

Moscow claims to have annexed the region even though its forces do not control all of it.

Ukraine said at least 30 people were killed last week when a convoy of civilian cars in the Zaporizhzhia region was shelled in an attack Kyiv blamed on Moscow.

Agence France-Presse

Russia pockets $158 billion in energy exports after war: report

PARIS - Russia has raked in a whopping 158 billion euros ($158 billion) in energy exports in the 6 months following its invasion of Ukraine, with the EU accounting for more than half, a think tank said Tuesday.

The Center for Research on Energy and Clean Air called for more effective sanctions against Moscow after the invasion sent oil, gas and coal prices soaring.

"Surging fossil fuel prices mean that Russia's current revenue is far above previous years' level, despite the reductions in this year's export volumes," said the Finland-based organization.

Natural gas prices have recently soared to record levels in Europe as Russia chokes off supplies. Crude oil prices also jumped following the invasion, although they have since pulled back.

"Fossil fuel exports have contributed approximately 43 billion euros to Russia's federal budget since the start of the invasion, helping fund war crimes in Ukraine," said CREA.

The figures concern the six months following Russia's February 24 invasion of Ukraine.

During this period, the CREA estimated that the European Union was the top importer of Russian fossil fuel exporters, at 85.1 billion euros.

China followed at 34.9 billion euros and Turkey at 10.7 billion euros.

While the EU has stopped purchases of Russian coal, it is only progressively banning Russian oil and it has not adopted any limits on the imports of natural gas, upon which it is highly dependent.

The CREA said the EU ban on Russian coal imports has been effective.

After the ban went into effect Russian coal exports fell to their lowest levels since the war began.

"Russia failed to find other buyers to replace falling EU demand," said the CREA.

But it called for stronger rules and enforcement concerning Russian oil exports, urging the EU and the UK use their leverage in global shipping.

"The EU must ban the use of European-owned ships and European ports for shipping Russian oil to third countries, while the UK needs to stop allowing its insurance industry to participate in this trade," said the CREA.

The G7 countries, meanwhile, vowed Friday to push forward urgently to impose a price cap on Russian crude, a move that would deprive Russia of much of the revenue it now makes from its oil exports.

The United States has been arguing for the imposition of a price cap for months, arguing that Western bans on Russian energy products were contributing to the price hikes that helped Moscow finance its war effort.

Agence France-Presse

Asia facing 'stagflationary outlook' amid Ukraine war: IMF

WASHINGTON - Asian nations, like the rest of the world, are being battered by countervailing forces such as the war in Ukraine that are raising prices while holding back growth, the IMF said.

"The region faces a stagflationary outlook, with growth being lower than previously expected, and inflation being higher," said Anne-Marie Gulde-Wolf, acting director of the IMF's Asia and Pacific Department.

The regional outlook, which follows the World Economic Outlook released last week, shows the growth forecast for Asia was cut to 4.9 percent, impacted by the slowdown in China, which is having ripple effects on other closely-linked economies.

Inflation is now expected to rise 3.2 percent this year, a full point higher than expected in January, she said.

"Despite the downgrade, Asia remains the world's most dynamic region, and an important source of global growth," Gulde-Wolf said in remarks prepared for delivery to a press briefing.

But the Russian invasion of Ukraine and Western sanctions on Moscow have driven up food and fuel prices worldwide, while major central banks are raising interest rates to combat inflation, which will pressure countries with high debt loads.

A larger-than-expected slowdown in China due to prolonged or more widespread Covid-19 lockdowns or a longer-than-expected slump in the property market presents "a significant risk for the region."

"This a challenging time for policymakers as they try to address pressures on growth and tackle rising inflation," the IMF official said, noting that the headwinds will exacerbate the damage from the Covid-19 pandemic.

Outlooks vary within the region, depending on countries' reliance on imported energy and links to China, with growth in Pacific island nations slowing sharply, while Australia saw a slight upgrade, she said.

Governments will need strong responses, starting with targeted aid to poor families most harmed by higher prices, the IMF said.

Many will need to tighten monetary policy amid rising inflation, while those with high debt loads may have to cut spending and even seek debt relief, the fund economists said in a blog post.

"Slower growth and rising prices, coupled with the challenges of war, infection and tightening financial conditions, will exacerbate the difficult policy trade-off between supporting recovery and containing inflation and debt," the blog said.

Agence France-Presse

CIA warns desperate Putin poses nuclear threat

WASHINGTON — Russia's setbacks in its invasion of Ukraine could lead President Vladimir Putin to resort to using a tactical or low-yield nuclear weapon, CIA director William Burns said Friday.

"Given the potential desperation of President Putin and the Russian leadership, given the setbacks that they've faced so far, militarily, none of us can take lightly the threat posed by a potential resort to tactical nuclear weapons or low-yield nuclear weapons," Burns said during a speech in Atlanta.

The Kremlin said it placed Russian nuclear forces on high alert shortly after the assault began Feb. 24, but the United States has not seen "a lot of practical evidence" of actual deployments that would cause more worry, Burns added, speaking to students at Georgia Tech university.

"We're obviously very concerned. I know President Biden is deeply concerned about avoiding a third world war, about avoiding a threshold in which, you know, nuclear conflict becomes possible," said Burns.

Russia has many tactical nuclear weapons, which are less powerful than the bomb the United States dropped on Hiroshima during World War II.

Russian military doctrine features a principle called escalate to de-escalate, which would involve launching a first strike nuclear weapon of low yield to regain the initiative if things go badly in a conventional conflict with the West.

But under this hypothesis, "NATO would intervene militarily on the ground in Ukraine in the course of this conflict, and that's not something, as President Biden has made very clear, that's in the cards."

Recalling that he once served as US ambassador to Russia, Burns had very harsh words for Putin, calling him an "apostle of payback" who over the years "has stood in a combustible combination of grievance and ambition and insecurity."

"Every day, Putin demonstrates that declining powers can be at least as disruptive as rising ones," Burns said.

Agence France-Presse

Oil stays above $120 per barrel ahead of NATO Russia-Ukraine summit

LONDON - World share markets were choppy on Thursday as the Russia-Ukraine war kept oil above $120 a barrel, while "stagflation" worries rose on renewed talk of aggressive US interest rates hikes and slowing growth.

Europe's main stock indexes barely budged and government bond yields edged up toward multi-year highs hit earlier in the week as March PMI data came in reassuringly robust. 

Focus was otherwise on a Thursday special NATO summit in Brussels, which US President Joe Biden will attend, to discuss further responses to Russia's month-old invasion of Ukraine, which Moscow calls a "special military operation". 

Rabobank's head of macro strategy, Elwin de Groot, said markets would be watching what emerges closely, especially how unified NATO members remain and what Biden can offer European countries to help wean themselves off Russian gas.

"The NATO meeting is certainly important," de Groot said. "At the minimum you would expect the members to come up with preparations for a possible further escalation in the Ukraine war."

Wall Street futures were up a solid 0.6 percent ahead of trading there, but the mood seemed changeable.

MSCI's broadest index of Asia-Pacific shares outside Japan recouped some of its early losses overnight but ended down 0.6 percent after more falls in China and Hong Kong.

Japan's Nikkei bucked the trend, rising 0.25 percent to a nine-week high as its exporters cheered the yen falling to its lowest against the dollar since 2015. 

At 1000 GMT, the dollar was up 0.4 percent versus the yen, at 121.65, with expectations that the Bank of Japan will be far behind other top central banks in raising interest rates.

HAWKISH

Driving some of the volatility, Federal Reserve policymakers on Wednesday signaled they stood ready to take more aggressive action to bring down decades-high inflation, including a possible half-percentage-point rate hike at the next policy meeting in May. 

Those signals pushed all three main US share benchmarks 1 percent lower overnight. 

"The sharp hawkish repricing of Fed rate hike expectations has mainly benefited the US dollar against low yielding currencies whose own domestic central banks are expected to lag well behind the Fed in tightening policy," MUFG currency analyst Lee Hardman wrote in a note to clients.

Oil and gas markets also remained hot amid the geopolitical uncertainty.

Russian President Vladimir Putin said on Wednesday that Moscow would seek payment in roubles for gas sold to "unfriendly" countries, jolting energy markets, although Italy's President Mario Draghi said it planned to keep paying in euros. 

Brent futures were little changed at $121.67 a barrel and US West Texas Intermediate futures fell 41 cents, or 0.35 percent, to $114.5 a barrel

The bond market was starting to shift again with the yield on benchmark 10-year Treasury notes up at 2.37 percent and German bunds creeping over 0.52 percent.

"Inflation is really the big driver," Rabobank's de Groot said, adding that it was also behind falling consumer confidence.

EU leaders are expected to agree at a two-day summit starting on Thursday to jointly buy gas, as they seek to cut reliance on Russian fuels and build a buffer against supply shocks. But the bloc remains unlikely to sanction Russian oil and gas. 

Gold was slightly lower at $1,942.9 per ounce.

(Reporting by Marc Jones; Editing by William Mallard)

-reuters-

Meta narrows guidance to prohibit calls for death of a head of state

Facebook owner Meta Platforms said on Sunday that it is further narrowing its content moderation policy for Ukraine to prohibit calls for the death of a head of state, according to an internal company post seen by Reuters.

The move came after Reuters reported last week that Meta was temporarily allowing some posts on Facebook and Instagram calling for the death of Russian President Vladimir Putin or Belarusian President Alexander Lukashenko. 

After the Reuters report, Meta said on Friday that a temporary change in its content policy, only applicable for Ukraine, was needed to let users voice opposition to Russia's attack. On the same day, Russia opened a criminal case against the social media firm. 

"We are now narrowing the focus to make it explicitly clear in the guidance that it is never to be interpreted as condoning violence against Russians in general," Meta global affairs President Nick Clegg wrote in a post on the company's internal platform on Sunday that was seen by Reuters.

"We also do not permit calls to assassinate a head of state...So, in order to remove any ambiguity about our stance, we are further narrowing our guidance to make explicit that we are not allowing calls for the death of a head of state on our platforms," Clegg said.

Meta did not immediately respond to a request for comment, outside regular business hours.

"These are difficult decisions. Circumstances in Ukraine are fast moving. We try to think through all the consequences, and we keep our guidance under constant review because the context is always evolving," Clegg said.

There would be no change to policies on hate speech as far as the Russian people are concerned, he said.

"Meta stands against Russophobia. We have no tolerance for calls for genocide, ethnic cleansing, or any kind of discrimination, harassment, or violence towards Russians on our platform," he added.

Clegg wrote that Meta plans to refer the way in which it adapted the guidance it provides to content moderators to the independent oversight board, which was set up to help the platform answer some of the most difficult questions around freedom of expression.

Russia's communications regulator has imposed restrictions on Meta's Instagram, effective Monday. Meta had previously restricted access to Russian state media outlets RT and Sputnik on its platforms across the European Union.

(Reporting by Munsif Vengattil in New Delhi and Maria Ponnezhath in BengaluruEditing by Shri Navaratnam)

-reuters

Spotify drops paying subscribers in Russia; free service to remain

Music streaming giant Spotify said Thursday its paid subscription service would no longer be available in Russia, as sanctions had made processing payments in the country impossible.

"Due to new restrictions introduced by major payment providers, payment processing is not currently possible for the majority of Premium users in Russia," a Spotify spokesman told AFP.

Paid premium accounts "will be cancelled if a recurring payment fails and the account will then be automatically moved to our free service," he said in a written statement. 

The company said it had also "paused all advertising campaigns running in Russia."

Spotify did not immediately confirm to AFP how many subscribers it expected lose in Russia.

Spotify's free service would however remain available in Russia "to allow for the global flow of information," it said, adding that "arts and news are a powerful force for good."

The Swedish company, which is listed on the New York stock exchange, already announced last week that it was closing its offices in Russia and removing Russian state-sponsored content, such as news outlets RT and Sputnik, from its service.

Agence France-Presse

Moscow warns: Ban on Russian oil will have ‘catastrophic consequences’

Russian Deputy Prime Minister Alexander Novak warned Monday that a ban on Russian oil imports would have "catastrophic" consequences, as Western allies considered further sanctions on Moscow over Ukraine.

"A ban on Russian oil will lead to catastrophic consequences for the global market. The surge in prices will be unpredictable — more than $300 per barrel, if not more," Novak said in remarks carried by Russian news agencies. 

Novak added that it would be "impossible" to quickly replace Russian oil on the European market. 

"It will take more than one year and it will be much more expensive for European consumers," he said. 

"European politicians should then honestly warn their citizens, consumers what awaits them and that prices at gas stations, for electricity, for heating will skyrocket," he said. 

Novak said talks of an embargo on Russian oil creates "instability and leads to significant harm for consumers". 

He added that in retaliation for the halt on the Nord Stream 2 pipeline project, Russia could stop supplies via the Nord Stream 1 pipeline. 

"So far we have not made this decision. Nobody will benefit from this," Novak said. 

"Although European politicians are pushing us to this with their statements and accusations against Russia," he added. 

Agence France-Presse

Oil price spikes to $139 on talks about Russia oil ban, Iran deal delay

LONDON - Oil prices spiked to their highest levels since 2008 on Monday amid market supply fears as the United States and European allies considered banning Russian oil imports and prospects for a swift return of Iranian crude to global markets receded.

In the first few minutes of trade Brent crude reached $139.13 a barrel and US West Texas Intermediate (WTI) hit $130.50, both benchmarks striking their highest since July 2008.

By 1204 GMT, prices had eased back, with Brent up 6.3 percent at $125.55 per and WTI up 6.7 percent at $123.37.

Global oil prices have spiked more than 60 percent since the start of 2022, along with other commodities, raising concerns about world economic growth and stagflation. China, the world's No. 2 economy, is already targeting slower growth of 5.5 percent this year. 

US Secretary of State Antony Blinken said on Sunday said the United States and European allies were exploring banning imports of Russian oil, while the White House was coordinating with Congressional committees to move forward with a US ban. 

"We consider $125 per barrel, our near-term forecast for Brent crude oil, as a soft cap for prices, although prices could rise even higher should disruptions worsen or continue for a longer period," UBS commodity analyst Giovanni Staunovo said.

A prolonged war could see Brent moving above the $150 per barrel mark, he said.

Analysts at Bank of America said if most of Russia's oil exports were cut off, there could be a 5 million barrel per day (bpd) or larger shortfall, pushing prices as high as $200.

JP Morgan analysts said oil could soar to $185 this year, and analysts at Mitsubishi UFJ Financial Group Inc (MUFG) said oil may rise to $180 and cause a global recession.

Russia is the world's top exporter of crude and oil products combined, with exports at around 7 million bpd, or 7 percent of global supply. Some volumes of Kazakhstan's oil exports from Russian ports have also faced complications.

The head of Japan's largest business lobby said the country's imports of Russian crude could not be replaced immediately. Russia is Japan's fifth-biggest supplier of crude oil and liquefied natural gas (LNG).

Meanwhile, talks to revive Iran's 2015 nuclear deal with world powers were mired in uncertainty after Russia demanded a US guarantee that sanctions it faces over the Ukraine conflict would not hurt its trade with Tehran. China also raised new demands, sources said. 

France told Russia on Monday not to resort to blackmail over efforts to revive the nuclear deal, while Iran's top security official said the outlook for the talks "remains unclear". 

"Iran was the only real bearish factor hanging over the market but if now the Iranian deal gets delayed, we could get to tank bottoms a lot quicker especially if Russian barrels remain off the market for long," said Amrita Sen, co-founder of Energy Aspects, a think tank.

Iran will take several months to restore oil flows even if it reaches a nuclear deal, analysts said. 

Separately, US and Venezuelan officials discussed the possibility of easing oil sanctions on Venezuela but made scant progress toward a deal in their first high-level bilateral talks in years, five sources familiar with the matter said, as Washington seeks to separate Russia from one of its key allies. 

(Reporting by Bozorgmehr Sharafedin in London and and Scott DiSavino in New York, additional reporting by Florence Tan in Singapore; Editing by Jason Neely and Edmund Blair)

-reuters

Oil, wheat and aluminum jump as sanctions on Russia bite

LONDON - Brent crude jumped to near eight-year highs, wheat to 14-year peaks and aluminum hit a record as the Russian attack on Ukraine intensified and Western sanctions disrupted air and sea transport of commodities exported by Russia.

Russian forces were attempting to subdue Ukrainian cities, seven days into an invasion that has sparked massive sanctions, pushing international companies to halt sales, cut ties and dump billions of dollars' worth of investments. 

Brent climbed above $113 a barrel to its highest since June 2014, a gain of more than 40 percent so far this year. 

"Oil has been pushing higher on growing perceptions that Russian oil is unable to be "transacted"," ED&F Man Capital Markets analyst Edward Meir.

"Although oil is not technically under sanction, traders are understandably nervous about taking delivery of Russian crude, let alone storing, shipping and ultimately selling it."

Russia accounts for about 10 percent of global oil supplies. Russia and Ukraine account for about 29 percent of wheat exports. Wheat prices hit $10.59 a bushel, the highest since March 2008.

Corn prices rose to $7.47-3/4 a bushel, the highest since Dec. 2012. 

"Global buyers of grains have been increasingly turning to the US, Europe or South America to secure supplies in the immediate term, given the ongoing conflict," ING said in a note.

"Moreover, demand for stockpiling has also increased due to current uncertainty."

Dutch gas prices hit an all-time high of 185 euros a MWh after the UK ordered its ports to deny entry to Russian-owned ships and European Union countries considered a similar ban after a halt on air traffic. 

Russia supplies the European Union with 40 percent of its gas needs. It accounts for 40 percent of global mined palladium output, 10 percent of nickel supplies and 6 percent of global aluminum production. 

Palladium prices around $2,610 an ounce were trading near the seven month peak hit on Tuesday, aluminum hit a record high at $3,552 a tonne and nickel at $25,530 a tonne, close to the 11-year high hit last week.

"Supply outages from Russia are now but a question of time," Commerzbank analysts said in a note.

"Depending on how long they last, they could cause turmoil – in which case prices would rise significantly further."

Malaysian palm oil futures rose past 7,000 ringgit a tonne to hit a record high, on the prospect of rising demand as the closure of Ukrainian ports hits supplies of sunoil from the Black Sea region. 

Newcastle coal futures jumped to records above $300 a tonne as buyers scrambled to find alternatives to supplies from Russia, the third largest exporter after Indonesia and Australia.

(Reporting by Pratima Desai; additional reporting by Nigel Hunt, Susanna Twidale and Gavin Maguire; editing by Jon Boyle)

-reuters

Moscow begins lockdown during tougher push to curb virus

MOSCOW — Moscow, with its more than 12 million people, went into lockdown on Monday while other parts of Russia moved to introduce similar steps to curb the coronavirus outbreak.

The enforcement of the strict new rules, which Moscow Mayor Sergei Sobyanin suddenly announced late Sunday, coincided with the beginning of a "non-working" week declared by Russian President Vladimir Putin.

"The situation is certainly serious and everyone should take this very seriously," Putin's spokesman Dmitry Peskov said.

Moscow, which has become the epicentre of the contagion in Russia, announced the new measures after many Muscovites failed to heed recommendations to self-isolate and instead went to parks for barbecues at the weekend.

On Monday, Red Square in the heart of Moscow was eerily empty, while the streets of Europe's most populous city were quiet even though traffic could still be seen on the roads.

Anna, a 36-year-old web designer living in south Moscow, said the lockdown would be hard for her and her five-year-old daughter.

"But I don't want Arina to get sick," she told AFP while on her way to buy some bread. "So of course we will observe the quarantine."

But some were in no hurry to take the new rules to heart. Three teenagers flouted social distancing rules, walking and laughing together.

"Staying home with our parents will kill us quicker than the coronavirus," said one teen as the others nodded.

Regions eye lockdowns

Muscovites are now only allowed to leave their homes in cases of a medical emergency, to travel to jobs judged essential, and to go to local grocery stores and pharmacies which need to enforce social distancing.

People are also allowed to take out the trash and walk their dogs.

Over the past 24 hours Russia has recorded 302 new cases -- the biggest daily increase so far -- taking the national tally to 1,835 cases of coronavirus and nine deaths.

But the real number of infected people is believed to be higher and critics have rounded on authorities for not proposing tougher measures sooner.

At least eight regions including the Western exclave region of Kaliningrad have already imposed or were preparing to impose strict quarantines.

Chechen strongman Ramzan Kadyrov was the first regional leader to announce a lockdown last week, banning non-residents from entering the once restive region.

Masked men in black uniforms were policing streets in Chechnya armed with white clubs, according to a video published by independent newspaper Novaya Gazeta.

In a rare televised address last Wednesday, Putin announced that Russians would not be required to go to work this week, but would still get paid.

He also postponed an upcoming public vote on constitutional reforms that would allow him to stay in power until 2036.

'Pray at home'

The powerful Russian Orthodox Church, which had initially said authorities had no right to close churches, finally fell into line on Sunday, with Patriarch Kirill calling on the faithful to pray at home.

"You can be saved without going to church," he told believers in an address.

The new isolation rules, which will be policed by a vast system of facial-recognition cameras in Moscow, came into force as Russia also closed its borders.

Agence France-Presse

'Game Over': Trump again taps 'GoT,' this time in Russia saga

WASHINGTON, United States — President Donald Trump has used "Game of Thrones" imagery to push for his wall on the US-Mexico border and to hint at fresh sanctions on Iran.

Now, he has once again gone to the iconography of the widely acclaimed HBO fantasy series to declare himself the victor in his pitched battle with Special Counsel Robert Mueller.

On Thursday, even before the release of Mueller's long-awaited report detailing his investigation into Russia's interference in the 2016 US presidential election, Trump was ready.

"GAME OVER," he declared in an unmistakably "Game of Thrones"-esque tweet. Trump was pictured from behind, wearing his trademark black overcoat, against a backdrop of mist or fog.


"NO COLLUSION, NO OBSTRUCTION. For the haters and the radical left Democrats," it said.

Trump posted the image after Attorney General Bill Barr again declared there was no collusion between the president's campaign and Moscow -- but before the report was made public.

That report, the result of nearly two years of investigation, reveals that Mueller was "unable" to clear Trump of obstruction of justice.

Trump, nevertheless, pinned the tweet on his account.

But HBO was not thrilled.

"Though we can understand the enthusiasm for 'Game of Thrones' now that the final season has arrived, we still prefer our intellectual property not be used for political purposes," it said.

source: philstar.com

Tech executives head to US Congress under harsh spotlight

WASHINGTON – Facebook Inc, Twitter Inc and Alphabet Inc’s Google head before US lawmakers on Tuesday for two days of grueling hearings on how Russia allegedly used their services to try to sway the 2016 US election.

At stake for the Silicon Valley companies are their public images and the threat of tougher advertising regulations in the United States, where the technology sector has grown accustomed to light treatment from the government.

Facebook, the world’s largest social network, added fuel to the debate on Monday when it told Congress in written testimony that 126 million Americans may have seen politically divisive posts that originated in Russia under fake names.

That is in addition to 3,000 US political ads that Facebook says Russians bought on its platform.

Google and Twitter have also said that people in Russia used their services to spread messages in the run-up to last year’s US presidential election.

The Russian government has denied it intended to influence the election, in which President Donald Trump, a Republican, defeated Democrat Hillary Clinton.

US lawmakers have responded angrily to the idea of foreign meddling, introducing legislation to require online platforms to say who is running election ads and what audiences are targeted.

“The companies need to get ahead of the curve here,” said James Lewis, senior vice president of the Washington-based Center for Strategic and International Studies. If they can, he added, they might avoid regulation.

Lewis, speaking during the Reuters Cyber Summit in Washington, said he expects European officials to watch the US hearings closely.

The US Senate’s crime subcommittee will be the first of three committees to hold hearings on Russia. Its hearing is set for 2:30 p.m. ET (1830 GMT).

Facebook and Twitter are dispatching their general counsels, Colin Stretch and Sean Edgett, to appear before the subcommittee, while Google is sending its director of law enforcement and information security, Richard Salgado.

“Our goal is to bring people closer together; what we saw from these actors was an insidious attempt to drive people apart. And we’re determined to prevent it from happening again,” Stretch will tell lawmakers, according to an advance copy of his remarks.

Facebook and Twitter have taken steps toward self-regulation, saying they would create their own public archives of election-related ads and also apply more specific labels to such ads.

Google followed on Monday, saying it would create a database of election ads including ones on YouTube.

The companies have meanwhile disclosed new details about the extent of Russia-based material, raising alarms about a sector that once inspired idealism.

“The internet was seen as a great engine for promoting democracy and transparency. Now we are all discovering that it can also be a tool for hijacking democracy,” said Karen Kornbluh, a senior fellow for digital policy at the Council on Foreign Relations.

source: interaksyon.com

Cyberattack sweeps globe, researchers see ‘WannaCry’ link

MOSCOW/KIEV/WASHINGTON — A major global cyberattack on Tuesday disrupted computers at Russia’s biggest oil company, Ukrainian banks and multinational firms with a virus similar to the ransomware that last month infected more than 300,000 computers.

The rapidly spreading cyber extortion campaign underscored growing concerns that businesses have failed to secure their networks from increasingly aggressive hackers, who have shown they are capable of shutting down critical infrastructure and crippling corporate and government networks.

It included code known as “Eternal Blue,” which cyber security experts widely believe was stolen from the U.S. National Security Agency and was also used in last month’s ransomware attack, named “WannaCry.”

“Cyberattacks can simply destroy us,” said Kevin Johnson, chief executive of cyber security firm Secure Ideas. “Companies are just not doing what they are supposed to do to fix the problem.”

The ransomware virus crippled computers running Microsoft Corp’s Windows by encrypting hard drives and overwriting files, then demanded $300 in bitcoin payments to restore access. More than 30 victims paid into the bitcoin account associated with the attack, according to a public ledger of transactions listed on blockchain.info.

Microsoft said the virus could spread through a flaw that was patched in a security update in March.

“We are continuing to investigate and will take appropriate action to protect customers,” a spokesman for the company said, adding that Microsoft antivirus software detects and removes it.

Russia and Ukraine were most affected by the thousands of attacks, according to security software maker Kaspersky Lab, with other victims spread across countries including Britain, France, Germany, Italy, Poland and the United States. The total number of attacks was unknown.

Security experts said they expected the impact to be smaller than WannaCry since many computers had been patched with Windows updates in the wake of WannaCry last month to protect them against attacks using Eternal Blue code.

Still, the attack could be more dangerous than traditional strains of ransomware because it makes computers unresponsive and unable to reboot, Juniper Networks said in a blog post analyzing the attack.

Researchers said the attack may have borrowed malware code used in earlier ransomware campaigns known as “Petya” and “GoldenEye.”

Following last month’s attack, governments, security firms and industrial groups aggressively advised businesses and consumers to make sure all their computers were updated with Microsoft patches to defend against the threat.

The U.S. Department of Homeland Security said it was monitoring the attacks and coordinating with other countries. It advised victims not to pay the extortion, saying that doing so does not guarantee access will be restored.

In a statement, the White House National Security Council said there was currently no risk to public safety. The United States was investigating the attack and determined to hold those responsible accountable, it said.

The NSA did not respond to a request for comment. The spy agency has not publicly said whether it built Eternal Blue and other hacking tools leaked online by an entity known as Shadow Brokers.

Several private security experts have said they believe Shadow Brokers is tied to the Russian government, and that the North Korean government was behind WannaCry. Both countries’ governments deny charges they are involved in hacking.

WATCH THE REUTERS TV REPORT:


The first attacks were reported from Russia and Ukraine.

Russia’s Rosneft, one of the world’s biggest crude producers by volume, said its systems had suffered “serious consequences,” but added oil production had not been affected because it switched over to backup systems.

Ukrainian Deputy Prime Minister Pavlo Rozenko said the government’s computer network went down and the central bank reported disruption to operations at banks and firms including the state power distributor.

Danish shipping giant A.P. Moller-Maersk said it was among the victims, reporting outages at facilities including its Los Angeles terminal.

WPP, the world’s largest advertising agency, said it was also infected. A WPP employee who asked not to be named said that workers were told to shut down their computers: “The building has come to a standstill.”

A Ukrainian media company said its computers were blocked and it was asked to pay $300 in the crypto-currency bitcoin to regain access.

“Perhaps you are busy looking for a way to recover your files, but don’t waste your time. Nobody can recover your files without our decryption service,” the message said, according to a screenshot posted on Ukraine’s Channel 24.

Russia’s central bank said there were isolated cases of lenders’ IT systems being infected. One consumer lender, Home Credit, had to suspend client operations.

Other companies that identified themselves as victims included French construction materials firm Saint Gobain, U.S. drugmaker Merck & Co.  and Mars Inc.’s Royal Canin pet food business.

India-based employees at Beiersdorf, makers of Nivea skin care products, and Reckitt Benckiser, which owns Enfamil and Lysol, told Reuters the ransomware attack had impacted some of their systems in the country.

Western Pennsylvania’s Heritage Valley Health System’s entire network was shut down by a cyber attack on Tuesday, according to local media reports.

Last’s month’s fast-spreading WannaCry ransomware attack was crippled after a 22-year-old British security researcher Marcus Hutchins created a so-called “kill switch” that experts hailed as the decisive step in slowing the attack.

Security experts said they did not believe that the ransomware released on Tuesday had a kill switch, meaning that it might be harder to stop.

Ukraine’s cyber police said on Twitter that a vulnerability in software used by MEDoc, a Ukrainian accounting firm, may have been an initial source of the virus, which researchers including cyber intelligence firm Flashpoint said could have infected victims via an illegitimate software update.

In a Facebook post, MEDoc confirmed it had been hacked but denied responsibility for originating the attack.

An adviser to Ukraine’s interior minister said earlier in the day that the virus got into computer systems via “phishing” emails written in Russian and Ukrainian designed to lure employees into opening them.

According to the state security agency, the emails contained infected Word documents or PDF files as attachments.

Following is a list of companies and organizations that have reported being hit by cyberattacks:

ROSNEFT

Russia’s top oil producer Rosneft said its servers had been hit been a large-scale cyberattack but its oil production was unaffected.

A.P. MOLLER-MAERSK

Danish shipping giant A.P. Moller-Maersk, which handles one out of seven containers shipped globally, said a cyberattack had caused outages at its computer systems across the world.

Maersk’s port operator APM Terminals was also hit. Dutch broadcaster RTV Rijnmond reported that 17 shipping container terminals run by APM Terminals had been hacked, including two in Rotterdam and 15 in other parts of the world.

WPP

Britain’s WPP, the world’s biggest advertising company, said computer systems within several of its agencies had been hit by a suspected cyberattack.

MERCK & CO

Pharmaceutical company Merck & Co. said in a tweet its computer network was compromised as part of a global hack.

RUSSIAN BANKS

Russia’s central bank said there had been “computer attacks” on Russian banks and that in isolated cases their IT systems had been infected.

All Russian branches of Home Credit consumer lender are closed because of a cyberattack, an employee of a Home Credit call center in Russia said.

UKRAINIAN BANKS, POWER GRID

A number of Ukrainian banks and companies, including the state power distributor, were hit by a cyberattack that disrupted some operations, the Ukrainian central bank said.

UKRAINIAN INTERNATIONAL AIRPORT

Yevhen Dykhne, director of the capital’s Boryspil Airport, said it had been hit. “In connection with the irregular situation, some flight delays are possible,” Dykhne said in a post on Facebook.

SAINT GOBAIN

French construction materials company Saint Gobain said it had been a victim of a cyberattack, and it had isolated its computer systems to protect data.

DEUTSCHE POST

German postal and logistics company Deutsche Post said systems of its Express division in the Ukraine have in part been affected by a cyberattack.

METRO

Germany’s Metro said its wholesale stores in the Ukraine had been hit by a cyberattack and the retailer was assessing the impact.

MONDELEZ INTERNATIONAL

Food company Mondelez International said employees in different regions were experiencing technical problems but it was unclear whether this was due to a cyberattack.

TNT EXPRESS

The Netherlands-based shipping company said it was experiencing interference with some of its systems, following a global ransomware attack.

EVRAZ

Russian steelmaker Evraz said its information systems had been hit by a cyberattack but its output was not affected.

NORWAY

A ransomware cyberattack is taking place in Norway and is affecting an unnamed international company, the Nordic country’s national security authority.

MARS INC

A unit of candy manufacturer Mars Inc. has been targeted by cyber attackers, and the company has isolated the issue, a spokeswoman for the company said.

BEIERSDORF AG

India-based employees at Beiersdorf AG, the maker of Nivea skincare products, told Reuters the ransomware attack had impacted some of the company’s systems in the country. The extent of the impact was unclear and Beiersdorf, which is based in Germany, could not be reached immediately for comment in India.

RECKITT BENCKISER

The Indian unit of British consumer goods company Reckitt Benckiser Group Plc, which owns brands such as Enfamil, Dettol and Lysol, was also hit by the ransomware attack, employees in India told Reuters. The extent of the impact on its systems was not immediately clear and the company could not be reached for comment in India.

source: interaksyon.com

Trump blasts Comey as acting FBI chief vows to press probe on campaign ties to Russia

WASHINGTON — President Donald Trump on Thursday called ousted FBI chief James Comey a “showboat” and “grandstander,” but its acting leader contradicted the president and promised the agency’s probe into possible Trump campaign ties to Russia would proceed with vigor.

Trump, facing Democratic accusations that he fired Comey on Tuesday to hinder the FBI investigation into alleged meddling by Russia in the 2016 US presidential election, said he would have taken the action even without a recommendation to do so by the two top Justice Department officials. That ran counter to previous administration explanations of Comey’s dismissal.

The Republican president also gave further details of his account that Comey informed him three times that he was not under investigation.

Trump’s personal attack on Comey seemed designed to underline that Comey’s dismissal was about his performance at the Federal Bureau of Investigation and not a probe that has hung over Trump’s presidency since he took office in January and threatens to overwhelm his policy priorities.

In testimony before the Senate Intelligence Committee, acting FBI Director Andrew McCabe, testifying in place of Comey, promised to tell the panel of any White House meddling into the agency’s probe. Democrats have called for a special prosecutor to look into the Russia matter.

“He’s a showboat. He’s a grandstander,” Trump told NBC News in his first interview since firing Comey. “The FBI has been in turmoil. You know that, I know that, everybody knows that.”

The White House and Vice President Mike Pence have said Trump fired Comey on the recommendation of Attorney General Jeff Sessions and No. 2 Justice Department official Rod Rosenstein.

On Thursday, Trump said: “I was going to fire Comey. My decision.”

“I was going to fire regardless of recommendation.”

Trump told NBC News he never pressured Comey into dropping the FBI probe, adding: “If Russia did anything, I want to know that.” Trump said there was no “collusion between me and my campaign and the Russians,” but added that “the Russians did not affect the vote.”

McCabe’s testimony contradicted Trump’s appraisal of turmoil at the FBI under Comey.

“I can tell you also that Director Comey enjoyed broad support within the FBI and still does to this day,” McCabe said.

“I can tell you that I hold Director Comey in the absolute highest regard. I have the highest respect for his considerable abilities and his integrity,” McCabe added. “And it has been the greatest privilege and honor of my professional life to work with him.”

Trump will not visit FBI headquarters in Washington as expected after agency officials told the White House he would not be greeted warmly following his firing of Comey, MSNBC reported on Thursday.

‘Vigorously and completely’

McCabe vowed no letup in the investigation.

“It is my opinion and belief that the FBI will continue to pursue this investigation vigorously and completely,” McCabe told the senators. He said there was no “crisis of confidence within the leadership of the FBI.”

Trump told NBC he had asked Comey once over dinner and twice by telephone whether he was under investigation in the Russia matter.

“I said: ‘If it’s possible, would you let me know, am I under investigation?'” Trump told NBC. “He said: ‘You are not under investigation.'”

Trump said the dinner with Comey was at the White House and Comey wanted to discuss staying on as FBI chief. “We had a very nice dinner. And at that time, he told me: ‘You are not under investigation.'”

White House spokeswoman Sarah Huckabee Sanders said she believed it was not a conflict of interest for a president to ask the FBI chief such a question.

Comey has not publicly discussed any conversations he had with Trump.

McCabe testified it was not typical practice to tell people they were not a targets of an investigation.

The Republican chairman of the Senate panel, Richard Burr, asked McCabe whether he ever heard Comey tell Trump the president was not the subject of investigation. McCabe sidestepped the question, saying he could not comment on an ongoing probe.

In his letter firing Comey on Tuesday, Trump wrote: “While I greatly appreciate you informing me, on three separate occasions, that I am not under investigation, I nevertheless concur with the judgment of the Department of Justice that you are not able to effectively lead the Bureau.”

US intelligence agencies concluded that Russian President Vladimir Putin ordered an effort to disrupt the election that included hacking into Democratic Party emails and leaking them, with the aim of helping Trump.

Leaders of the US intelligence agencies, including Director of National Intelligence Dan Coats and CIA chief Mike Pompeo, testified to the senators on Thursday that they agreed with that finding. Moscow has denied any such interference and the Trump administration denies allegations of collusion with Russia.

“For many people, including myself, it’s hard to avoid the conclusion that the president’s decision to remove Director Comey was related to this investigation, and that is truly unacceptable,” said the Senate Intelligence Committee’s top Democrat, Mark Warner.

The Trump administration has said Comey’s firing was unrelated to the Russia investigation. It said on Tuesday that Comey’s firing arose from his handling of an election-year FBI probe into Democratic presidential nominee Hillary Clinton’s use of a private email server during her time as secretary of state.

“And while it’s clear to me now more than ever that an independent special counsel must be appointed, make no mistake our committee will get to the bottom of what happened during the 2016 presidential election,” Warner said.

Responding to Trump’s latest comments about Comey, Burr and Warner praised the ousted FBI chief’s integrity. Warner said he was offended at Trump’s remarks.

Former Republican Representative Mike Rogers is being considered as a candidate to replace Comey, a senior White House official said. The nominee must be confirmed by the US Senate.

source: beta.interaksyon.com

Trump son-in-law met with Russian bank sanctioned by US

WASHINGTON -- A Russian bank under US economic sanctions over Russia's incursion into Ukraine disclosed on Monday that its executives had met Jared Kushner, President Donald Trump's son-in-law and a top White House adviser, during the 2016 election campaign.

Kushner, 36, married to Trump's daughter Ivanka Trump, has agreed to testify to a Senate committee investigating whether Russia tried to interfere in the election.

Allegations by US intelligence agencies that Russian actors were behind hacking of senior Democratic Party operatives and spreading disinformation linger over Trump's young presidency. Democrats charge the Russians wanted to tilt the election toward the Republican, a claim dismissed by Trump. Russia denies the allegations.

But there has been no doubt that the Russian ambassador to the United States, Sergei Kislyak, developed contacts among the Trump team. Trump's first national security adviser, Michael Flynn, was forced to resign on February 13 after revelations that he had discussed US sanctions on Russia with Kislyak and misled Vice President Mike Pence about the conversations.

Executives of Russian state development bank Vnesheconombank had talks with Kushner during a bank roadshow in 2016 when it was preparing a new strategy, the bank said.

"As part of the preparation of the new strategy, executives of Vnesheconombank met with representatives of leading financial institutes in Europe, Asia and America multiple times during 2016," VEB said in an emailed statement.

It said roadshow meetings took place "with a number of representatives of the largest banks and business establishments of the United States, including Jared Kushner, the head of Kushner Companies."

There was no immediate comment from Kushner.

In an article posted on December 18, Forbes estimated that Jared Kushner, his brother Josh and his parents, Charles and Seryl, have a fortune worth at least $1.8 billion, more than half of which Forbes estimates is held in real estate.

Forbes did not provide a specific estimate for Jared Kushner’s net worth on his own.

VEB declined to say where the meetings took place or the dates. US officials said that after meeting with Russian Kislyak at Trump Tower last December, a meeting also attended by Flynn, Kushner met later in December with Sergei Gorkov, the CEO of Vnesheconombank. White House spokeswoman Hope Hicks confirmed the meetings.

On Monday, White House spokesman Sean Spicer told reporters that Kushner is willing to testify to the Senate Intelligence Committee chaired by US Senator Richard Burr, a North Carolina Republican.

“Throughout the campaign and the transition, Jared served as the official primary point of contact with foreign governments and officials ... and so, given this role, he volunteered to speak with Chairman Burr's committee, but has not received any confirmation regarding a time for a meeting," Spicer told reporters at his daily briefing.

The Republican and Democratic leaders of the Senate panel also said Kushner had agreed to be interviewed.

Simply meeting with representatives of a US-sanctioned entity is not a violation of sanctions or against the law.

Evgeny Buryakov, 41, a Russian citizen who worked at Vnesheconombank and whom US authorities accused of posing as a banker while participating in a New York spy ring, pleaded guilty to a criminal conspiracy charge on Friday. Buryakov admitted in federal court in Manhattan to acting as an agent for the Russian government without notifying US authorities.

Classified information
Also on Monday, a mystery rooted in Trump's claim that he was wiretapped by then President Barack Obama during the election campaign deepened with the disclosure that a top congressional Republican reviewed classified information on the White House grounds about potential surveillance of some Trump campaign associates.

US Representative Devin Nunes, chairman of the House of Representatives Intelligence Committee, visited the White House the night before announcing on Wednesday that he had information that indicated some Trump associates may have been subjected to some level of intelligence activity before Trump took office on Jan. 20.

Democrats have said Nunes, who was a member of Trump's transition team, can no longer run a credible investigation of Russian hacking, the US election and any potential involvement by Trump associates. Top House Democrat Nancy Pelosi last week called Nunes "a willing stooge of Trump."

Nunes spokesman Jack Langer said in a statement that Nunes "met with his source at the White House grounds in order to have proximity to a secure location where he could view the information provided by the source."

White House spokesman Spicer did not shed any light on who at the White House helped Nunes gain access to a secure location.

It was the latest twist in a saga that began on March 4 when Trump said on Twitter without providing evidence that he "just found out that Obama had my 'wires tapped' in Trump Tower just before the victory."

FBI Director James Comey told Congress last Monday he had seen no evidence to support the claim.

Trump's mention of wiretapping drew attention away from US intelligence agencies having said that Russia tried to help Trump in the election against Democrat Hillary Clinton.

Nunes told reporters on Wednesday that he had briefed Trump "on the concerns I had about incidental collection and how it relates to President-elect Trump and his transition team and the concerns that I have."

After an uproar over the allegations and the fact that he briefed Trump first before members of his own committee, Nunes apologized on Thursday for the way he handled the information.

source: interaksyon.com

Evictions, sanctions as US strikes back at Russia over election hacks

HONOLULU/WASHINGTON -- President Barack Obama ordered the expulsion of 35 Russian suspected spies and imposed sanctions on two Russian intelligence agencies over their involvement in hacking US political groups in the 2016 presidential election.

The measures, taken during the last days of Obama's presidency, mark a new post-Cold War low in US-Russian ties which have deteriorated over Ukraine and Syria.

Allegations by US intelligence agencies that Russian President Vladimir Putin personally directed efforts to intervene in the US election process by hacking mostly Democrats have made relations even worse.

"These actions follow repeated private and public warnings that we have issued to the Russian government, and are a necessary and appropriate response to efforts to harm US interests in violation of established international norms of behavior," Obama said in a statement from vacation in Hawaii.

It was not immediately clear whether President-elect Donald Trump, who has repeatedly praised Putin and nominated people seen as friendly toward Moscow to senior administration posts, would seek to roll back the measures once he takes office on January 20.

The Kremlin, which denounced the sanctions as unlawful and promised "adequate" retaliation, questioned whether Trump approved of the new sanctions. Moscow denies the hacking allegations.

US intelligence agencies say Russia was behind hacks into Democratic Party organizations and operatives ahead of the November 8 presidential election. US intelligence officials also say that the Russian cyberattacks were aimed at helping Trump, a Republican, defeat Democrat Hillary Clinton.

Trump has rejected that conclusion and said on Wednesday that "we ought to get on with our lives," when asked about possible tough sanctions for the cyberattacks.

Should Trump seek to overturn Obama's measures, he would likely encounter wide bipartisan Congressional opposition.

US House of Representatives Speaker Paul Ryan, the top Republican in Congress, said Russia "has consistently sought to undermine" US interests and the sanctions were overdue.

Republican Senators John McCain and Lindsey Graham said they intended to lead effort in Congress to "impose stronger sanctions on Russia."

The actions on Thursday were the strongest response by the Obama administration to Russia's cyber activities, however, a senior administration official acknowledged that Trump could reverse them and allow Russian intelligence officials back into the United States once he takes office. He said that would be "inadvisable".

"We believe these steps are important because Russia is not going to stop," one official said. "We have every indication that they will interfere in democratic elections in other countries, including some of our European allies," the official said.

Persona non grata

Obama is seeking to deter Russia and other foreign governments from leveraging cyberattacks in the future to meddle in US politics, former officials and cyber security experts said.

Obama put sanctions on two Russian intelligence agencies, the GRU and the FSB, four GRU officers and three companies "that provided material support to the GRU’s cyber operations.

Obama said the State Department declared as "persona non grata" 35 Russian intelligence operatives and is closing two Russian compounds in New York and Maryland that were used by Russian personnel for "intelligence-related purposes". The State Department originally said the 35 were diplomats.

A senior US official told Reuters the expulsions would come from the Russian embassy in Washington and consulate in San Francisco. The Russian embassy declined to comment on the expulsions.

The Russians have 72 hours to leave the United States, the official said. Access to the two compounds will be denied to all Russian officials as of noon on Friday, the senior US official added.

"These actions were taken to respond to Russian harassment of American diplomats and actions by the diplomats that we have assessed to be not consistent with diplomatic practice," the official said.

The State Department has long complained that Russian security agents and traffic police have harassed US diplomats in Moscow, and US Secretary of State John Kerry has raised the issue with Putin and his foreign minister, Sergei Lavrov.

The US official declined to name the Russian diplomats who would be affected, although it is understood that Russia's ambassador to the United States, Sergei Kislyak, will not be one of those expelled.

The United States also released an analysis report by the FBI and Department of Homeland Security examining forensic evidence officials said linked the cyberattacks to computer systems used by Russian intelligence services.

The report largely corroborates the existing findings of private sector cyber firms that investigated the breach at the Democratic National Committee and elsewhere.

source: interaksyon.com

Obama orders 'full review' of 2016 election cyberattacks

WASHINGTON - President Barack Obama has ordered a review of all cyberattacks that took place during the 2016 election cycle, the White House said Friday as concerns over Russian interference mount.

White House Deputy Press Secretary Eric Schultz said Obama called for the review earlier this week, amid growing calls from Congress for more information on the extent of Russian interference in the campaign.

"We are committed to ensuring the integrity of our elections and this report will dig into this pattern of malicious cyberactivity timed to our elections, take stock of our defensive capabilities and capture lessons learned to make sure that we brief members of Congress and stakeholders as appropriate," said Schultz.

Obama wants the report completed before his term ends on January 20, Schultz said.

"We are going to make public as much as we can," he added. "This is a major priority for the president."

Trump denies Russian role 


The move comes after Democrats in Congress pressed the White House to reveal details, to Congress or to the public, of Russian hacking and disinformation in the election.

It also comes after President-elect Donald Trump rejected the intelligence community finding of official Russian involvement. 

Confidential emails from the Democratic National Committee and John Podesta, a top advisor to Democratic nominee Hillary Clinton, were steadily leaked out via WikiLeaks in the months before the election, damaging Clinton's White House effort.

On October 7, one month before the election, the Department of Homeland Security and the Director of National Intelligence announced that "the Russian Government directed the recent compromises of emails from US persons and institutions, including from US political organizations."

"These thefts and disclosures are intended to interfere with the US election process," they said.

But in an interview published Wednesday with Time magazine for its "Person of the Year" award, Trump dismissed those findings. Asked whether the intelligence was politicized, Trump answered: "I think so."

"I don't believe they interfered," he said. "It could be Russia. And it could be China. And it could be some guy in his home in New Jersey."

Worried that Trump will sweep the issue under a rug after his inauguration, seven Democrats on the Senate Intelligence Committee called on November 29 for the White House to declassify what it knows about Russian interference.

The seven have already been briefed on the classified details, suggesting they believed there is more information that the public should know.

Then on Tuesday of this week, leading House Democrats called on Obama to give members of the entire Congress a classified briefing on Russian interference, from hacking to the spreading of fake news stories to mislead US voters.

Republicans in Congress have also promised hearings into Russian activities once the new administration comes in.

But some have suggested the Democrats are raising the issue out of bitterness over their sweeping electoral defeat.

Schultz denied politics was behind Obama's order.

"I want to be clear here that this is not an effort to challenge the result of the election," he said.

Russian interference in Germany

Obama's homeland security advisor Lisa Monaco said the cyber interference goes back to the 2008 presidential race, with both the Obama and John McCain campaigns hit by malicious computer intrusions.

"We have seen in 2008 and in this last election system malicious cyber activity. We maybe [have] crossed into a new threshold and it is incumbent upon us to take stock of that," said Monaco.

Russian hacking and election interference have also become a big issue in Germany.

On Thursday Germany's domestic intelligence agency BfV issued a stark warning over a rising Moscow-directed campaign of hacking and misinformation directed at "destabilizing" the country and influencing political discourse.

Last week WikiLeaks published stolen documents on intelligence activities that embarrassed Chancellor Angela Merkel just as she began campaigning for the elections slated for late 2017.

"In the political realm, we detect an increasingly aggressive cyber espionage, warned BfV chief Hans-Georg Maassen.

"The indications of attempts to influence the German parliamentary elections next year are intensifying."

source: interaksyon.com

Saudis take 'big hit' as OPEC seals first joint oil cut with Russia since 2001

VIENNA -- OPEC agreed on Wednesday its first oil output cuts since 2008 after Saudi Arabia accepted "a big hit" on its production and dropped its demand on arch-rival Iran to slash output.

Non-OPEC Russia will also join output reductions for the first time in 15 years to help the Organization of the Petroleum Exporting Countries prop up oil prices.

Brent crude jumped over 9 percent to more than $50 a barrel as Riyadh reached a compromise with Iran and after fast-growing producer Iraq also agreed to curtail its booming output.

"OPEC has proved to the sceptics that it is not dead. The move will speed up market rebalancing and erosion of the global oil glut," said OPEC watcher Amrita Sen from consultancy Energy Aspects.

Iran and Russia are effectively fighting two proxy wars against Saudi Arabia, in Yemen and Syria, and many sceptics had said the countries would struggle to find a compromise amid frosty political relations.

Saudi Energy Minister Khalid al-Falih said ahead of the meeting that the kingdom was prepared to accept "a big hit" on production to get a deal done.

"I think it is a good day for the oil markets, it is a good day for the industry and ... it should be a good day for the global economy. I think it will be a boost to global economic growth," he told reporters after the decision.

OPEC produces a third of global oil, or around 33.6 million barrels per day, and under the Wednesday deal it would reduce output by around 1.2 million bpd from January 2017.

Saudi Arabia will take the lion's share of cuts by reducing output by almost 0.5 million bpd to 10.06 million bpd. Its Gulf OPEC allies -- the United Arab Emirates, Kuwait and Qatar -- would cut by a total 0.3 million bpd.

Iraq, which had insisted on higher output quotas to fund its fight against Islamic State militants, unexpectedly agreed to reduce production -- by 0.2 million bpd.

Iran was allowed to boost production slightly from its October level -- a major victory for Tehran, which has long argued it needs to regain market share lost under Western sanctions.

Clashes between Saudi Arabia and Iran dominated many previous OPEC meetings.

"If you get this deal done, it would be huge. You remove a lot of oil from the market and you get the Russian participation," said veteran OPEC watcher and founder of Pira consultancy Gary Ross.

He said oil could rise to $55 per barrel.

Will OPEC comply?

Falih had long insisted OPEC would do an output-limiting deal only if non-OPEC producers contributed.

OPEC president Qatar said non-OPEC producers had agreed to reduce output by a further 0.6 million bpd, of which Russia would contribute some 0.3 million.

Russia, which had long resisted cutting output, pushed its production to new record highs in recent months.

"Russia will gradually cut output in the first half of 2017 by up to 300,000 barrels per day, on a tight schedule as technical capabilities allow,” Russian Energy Minister Alexander Novak told a briefing in Moscow.

Novak, who spoke an hour after OPEC announced its deal, did not say from which output levels Russia would cut.

A combined output reduction of 1.8 million bpd by OPEC and non-OPEC represents almost 2 percent of global output and would help the market clear a stocks overhang, which had sent prices crashing from levels as high as $115 a barrel seen in mid-2014.

Non-OPEC Azerbaijan and Kazakhstan have said they might also cut.

OPEC suspended Indonesia's membership on Wednesday since the country, a net importer, could not cut output, Qatar said.

The move will not affect OPEC's overall reduction as Indonesia's share of cuts will be redistributed among other members.

Bob McNally, president of Washington-based consultancy Rapidan group, said on Twitter that compliance with cuts would be key: "In deals with Russia, OPEC is like (the late US) President (Ronald) Reagan used to say: 'Trust but verify'."

OPEC will hold talks with non-OPEC producers on December 9. The organization will also have its next meeting on May 25 to monitor the deal and could extend it for six months, Qatar said.

source: interaksyon.com

Clinton camp dares FBI to tell about Trump's Russia ties

WASHINGTON/FT. LAUDERDALE, Fla. -- A top aide to Hillary Clinton urged the FBI on Tuesday to disclose what it knows about any ties between Donald Trump and Russia, accusing the agency of unfairly publicizing its inquiry into Clinton's email practices while staying quiet about the Republican presidential candidate.

The Federal Bureau of Investigation opened a preliminary inquiry in recent months into allegations that Trump or his associates might have had questionable dealings with Russian people or businesses, but found no evidence to warrant opening a full investigation, according to sources familiar with the matter. The agency has not publicly discussed the probe.

A week before Election Day, the Clinton campaign was trying to contain damage from the announcement by FBI Director James Comey on Friday that his agency was looking into newly discovered emails that might relate to Clinton's use of a private server while she was secretary of state.

Clinton has voiced confidence the FBI will not find anything problematic.

She campaigned on Tuesday in the battleground state of Florida, where she was joined in Dade City by former Miss Universe Alicia Machado, whom Trump had mocked for gaining weight. Chants of “Lock her up!” from dozens of Trump supporters gathered nearby could be faintly heard while Clinton spoke.

In Ft. Lauderdale, a young man who yelled, "She's a liar" was escorted out of the rally. Several other protesters removed during the course of her speech.

"I am sick and tired of the negative, dark, divisive, dangerous vision and behavior from people who support Donald Trump," Clinton said as another protester was removed from the rally.

Trump and other Republicans have seized on Comey's announcement, which did not indicate any wrongdoing by Clinton, to ratchet up criticism of the Democratic candidate. She leads in most opinion polls ahead of the Nov. 8 election.

Trump urged people on Tuesday who voted early for his Democratic rival to cancel their ballots and switch to him.

"This is a message for any Democratic voters who have already cast their ballots for Hillary Clinton and who are having a bad case of buyer's remorse, in other words you want to change your vote," Trump told a Wisconsin rally.

“So if you live here or in Michigan or Pennsylvania or Minnesota, you can change your vote to Donald Trump."

Several states, including those cited by Trump, have a process to allow voters who cast early ballots to change their votes, either by submitting new ballots or showing up at their polling place on Election Day.

'Connections to the Russians'

Clinton campaign manager Robby Mook questioned why the FBI director had not released any information about the agency's Russia inquiries.

"If you're in the business of releasing information about investigations on presidential candidates, release everything you have on Donald Trump. Release the information on his connections to the Russians," Mook said on CNN.

The FBI inquiry reviewed allegations that Trump or his associates might have violated the Foreign Corrupt Practices Act or engaged in contacts or commerce with people in Russia who are subject to US or international financial sanctions.

The US government has blamed Russia for cyberattacks on Democratic Party organizations. Democrats criticize Trump for taking what they say is a pro-Russia foreign policy stance.

Russia's possible role in the campaign again came into focus when online magazine Slate said a group of computer scientists had been alarmed by records showing thousands of apparent connection attempts between an email server operated on behalf of the Trump Organization and computers inside a Russian company, Alfa Bank in Moscow.

Trump campaign spokeswoman Hope Hicks said the server, which had been used to send out hotel marketing material, had been dormant for years.

Prominent US cyber security company FireEye said it had been hired by Alfa Bank to investigate the records and had been granted access to the bank’s systems in Moscow to look for evidence of any relationship with Trump’s company or any signs of hacking or infection. FireEye said so far it had found no emails being sent back and forth or any other link.

Opinion polls showed Clinton's lead has narrowed slightly since early last week but it was too early to say whether the email controversy was hurting her.

Clinton led businessman Trump in the latest Reuters/Ipsos poll of likely voters released on Monday, by 44 percent to 39 percent. Clinton, hoping to be the first woman elected president, strengthened her lead over Trump in polls after the release last month of a 2005 video in which the Republican bragged in vulgar terms about groping women.

But in a dramatic twist, Comey told Congress in a letter on Friday that the FBI was reviewing the newly discovered emails.

Comey had announced in July that the FBI had completed a probe into the email practices, concluding there were no grounds to bring any charges.

Clinton's team has been pressing the FBI to provide details on the new trove of emails, which Comey said may or may not be significant in the case.

Little is publicly known yet about the emails, other than that they were found during an unrelated probe into former US Representative Anthony Weiner, the estranged husband of top Clinton aide Huma Abedin.

Comey's letter has provided Republicans with fresh fodder for attack in the waning days of the campaign. US House of Representatives Speaker Paul Ryan said on Tuesday that a Clinton presidency would bog down in "scandal baggage."

Congressional Republicans, who had been concerned Trump risked damaging their majorities in the House and Senate, were also encouraged by his recent statements on efforts to repeal the Affordable Care Act, popularly known as Obamacare. A campaign aide said if Trump wins, he would ask Congress to begin working on legislation to repeal the law before the Jan. 20 inauguration.

source: interaksyon.com