RUTHFULLY YOURS

CONTENTS
PALESTINIANS ITEM 1: ARAB NEWS: Bank of Palestine (BoP) wins Euromoney award http://arabnews.com/economy/corporatenews/article454893.ece

EGYPT ITEM 2: Alaa Al Aswany: Would a Civic State Allow Sharia Law? http://www.worldaffairsjournal.org/new/blogs/aswany/Would_a_Civic_State_Allow_Sharia_Law?utm_source=World+Affairs+Newsletter&utm_campaign=e98112be00-Blog_Chang_Johnson_Marlowe_Aswany_6_16_2011&utm_medium=email
ITEM 3: ARAB NEWS: $2.5 billion IDB aid for Egypt http://arabnews.com/economy/article455603.ece
ITEM 4: WSJ: Egypt Opposes U.S.’s Democracy Funding http://online.wsj.com/article/SB10001424052702304665904576383123301579668.html?mod=WSJ_World_MIDDLENews

YEMEN ITEM 5: GULF NEWS: CIA air base in works for Gulf to target Al Qaida
The United States is building a secret CIA air base in the Gulf region to target Al Qaida terrorists http://gulfnews.com/news/gulf/yemen/cia-air-base-in-works-for-gulf-to-target-al-qaida-1.821838
ITEM 6: WP: Militants linked to al-Qaeda emboldened in Yemen http://www.washingtonpost.com/world/middle-east/militants-linked-to-al-qaeda-emboldened-in-yemen/2011/06/12/AG88nISH_story.html?hpid=z1

LIBYA ITEM 7: FINANCIAL TIMES: Goldman intern had link to Libyan fund http://www.ft.com/intl/cm/s/0/792f1aec-9600-11e0-8256-00144feab49a,s01=1.html#axzz1PD8dWtMK

LEBANON ITEM 8: Bret Stephens: Don’t Bank on Beirut: Lebanon is a money-laundering haven for the region’s bad guys. http://online.wsj.com/article/SB10001424052702303714704576381863052877454.html?mod=WSJ_Opinion_BelowLEFTSecond

IRAN ITEM 9: GUARDIAN UK: Iran claims agent infiltrated opposition and foreign intelligence units.  Mohammad Reza Madhi reported to have met top US officials including Hillary Clinton http://www.guardian.co.uk/world/2011/jun/10/iran-claims-agent-infiltrated-opposition?INTCMP=SRCH
ITEM 10: JERUSALEM POST: UN: Iran buying foreign banks to sidestep sanctions http://www.jpost.com/IranianThreat/News/Article.aspx?id=224589
ITEM 11: RFE/RL: Tehran Casts A Cold Eye Over U.S. Shadow Internet Efforts
Iran has slammed U.S. attempts to undermine its stringent Internet censorship. http://www.rferl.org/content/internet_in_a_suitcase–_tehran_casts_a_cold_eye_over_us_shadow_internet_efforts/24235705.html

PAKISTANI ITEM 12: GUARDIAN UK: Pakistan arrests five men for helping CIA spy on Bin Laden house http://www.guardian.co.uk/world/2011/jun/15/pakistan-arrests-five-spying-cia
ITEM 13: Jeffrey Kaye, Jason Leopold: New Documents Claim Intelligence on Bin Laden, al-Qaeda Targets Withheld From Congress’ 9/11 Probe
http://www.truth-out.org/new-documents-claim-intelligence-bin-laden-al-qaeda-targets-withheld-congress-911-probe/1307986777

AL-QAEDA ITEM 14: WSJ: Somali Terror Victory: Al Qaeda loses a key operative in Africa, but the war is far from won. http://online.wsj.com/article/SB10001424052702303714704576383013639659644.html?mod=WSJ_Opinion_LEFTTopBucket

LATIN AMERICA
ITEM 15: Michael Segall: Latin America: Iran’s Springboard to America’s Backyard http://www.jcpa.org/JCPA/Templates/ShowPage.asp?DBID=1&LNGID=1&TMID=111&FID=254&PID=0&IID=7534

RUSSIA ITEM 16: Geoffrey Smith: Kremlin Seeks to Lure Investment http://blogs.wsj.com/emergingeurope/2011/06/16/kremlin-seeks-to-lure-investment-in-st-petersburg/?mod=WSJBlog&mod=emergingeurope

CHINA ITEM 17: WSJ: Chinese Inflation Speeds Up http://online.wsj.com/article/SB10001424052702303714704576382593374669206.html?mod=WSJ_World_LEFTSecondNews
ITEM 18: WSJ: Chinese Banks Slow Growth in Lending http://online.wsj.com/article/SB10001424052702303714704576382593374669206.html?mod=WSJ_World_LEFTSecondNews
ITEM 19: CHINA DAILY: Eight ways to transfer illegal assets overseas http://www.chinadaily.com.cn/cndy/2011-06/16/content_12707971.htm
ITEM 20: WSJ: Corrupt Chinese Officials Take $123 Billion Overseas http://blogs.wsj.com/chinarealtime/2011/06/16/report-corrupt-chinese-officials-take-123-billion-overseas/
ITEM 21: WSJ: Decision Time on the Yuan.  China’s exchange-rate policy is holding back its financial system. http://online.wsj.com/article/SB10001424052702304186404576387113672093604.html?mod=WSJ_Opinion_LEFTTopBucket
ITEM 22: WSJ: Colombia Advances Beijing Trade Pact http://online.wsj.com/article/SB10001424052702303848104576385912135492424.html?mod=WSJ_World_LEFTSecondNews

SOUTH KOREA ITEM 23: Jaeyeon Woo: Latest Fad? Fighting Corruption! http://blogs.wsj.com/korearealtime/2011/06/14/latest-fad-fighting-corruption/?mod=WSJBlog&mod=WSJ_korearealtimeRealTime

INDONESIA ITEM 24: WSJ: Indonesian Cleric Bashir Gets 15 Years on Terror Charge http://online.wsj.com/article/SB10001424052702304186404576388852839880060.html?mod=WSJ_World_LEFTSecondNews

EUROPE
ITEM 25: Timothy Garton Ash: Everywhere, the European project is stalling. It needs a new German engine.  The eurozone crisis is just the most urgent example of Europe’s lost momentum. Only Angela Merkel can push-start a recovery http://www.guardian.co.uk/commentisfree/2011/jun/15/european-project-new-german-engine
ITEM 26: Nouriel Roubini: The eurozone heads for break up http://blogs.ft.com/the-a-list/2011/06/13/the-eurozone-heads-for-break-up/
ITEM 27: FINANCIAL TIMES: IMF: Europe retains its grip http://www.ft.com/intl/cms/s/3/3fa9933e-95cd-11e0-8f82-00144feab49a.html#axzz1PBImLPFH

GREECE ITEM 28: Matthew Winkler: Release the ECB’s Greek Files: Money flees secrecy, and opacity engenders suspicion among investors and the public. http://online.wsj.com/article/SB10001424052702304186404576387951777270550.html?mod=WSJ_Opinion_LEFTTopBucket
ITEM 29: GUARDIAN UK: Hardline IMF forced Germany to guarantee Greek bailout.  Acting IMF chief threatened to trigger sovereign default if Berlin failed to come to rescue of Greece http://www.guardian.co.uk/business/2011/jun/16/imf-forced-germany-to-guarantee-greek-bailout
ITEM 30: WSJ: Sarkozy Urges Greek Compromise http://online.wsj.com/article/SB10001424052702304186404576389192003942476.html?mod=WSJ_World_LEFTSecondNews
ITEM 31: Dick Armey, Matt Kibbe: Why Should the U.S. Bail Out Greece?  Another rescue package will only reward profligate spending and prop up a corrupt government. http://online.wsj.com/article/SB10001424052702303714704576383094006022406.html?mod=WSJ_Opinion_LEFTTopBucket
ITEM 32: GUARDIAN UK: Europe warned of financial chaos over Greek debt crisis.  Greek prime minister fails to form unity government as police battle rioters in Athens and shares tumble over default fears http://www.guardian.co.uk/world/2011/jun/15/europe-warned-greece-financial-crisis

UNITED STATES
ITEM 33: GRENDEL REPORT: Terror Front Tries to Get Book Banned http://grendelreport.posterous.com/terror-front-tries-to-get-book-banned
ITEM 34: Patrick Poole: Georgetown U. Received $325,000 Funneled Through Terror Front Group.  Internal emails and faxes document the university’s collusion with the 56-nation Organization of the Islamic Conference to promote criminalizing “Islamophobia.” http://pajamasmedia.com/blog/pjm-exclusive-georgetown-u-received-325000-funneled-through-terror-front-group/?singlepage=true
ITEM 35: WP: Are Muslim Americans being radicalized in U.S. prisons? http://www.washingtonpost.com/blogs/checkpoint-washington/post/are-muslim-americans-being-radicalized-in-us-prisons/2011/06/14/AGUDlaUH_blog.html?hpid=z2

ENERGY ITEM 36: ARAB NEWS: Iran sees no need for emergency OPEC meeting http://arabnews.com/economy/article455287.ece

CYBERWARFARE ITEM 37: WSJ: Hackers Wreak Havoc on Malaysian Government http://online.wsj.com/article/SB10001424052702304186404576388941779246166.html?mod=WSJ_World_LEFTSecondNews
ITEM 38: WP: NSA allies with Internet carriers to thwart cyber attacks against defense firms http://www.washingtonpost.com/national/major-internet-service-providers-cooperating-with-nsa-on-monitoring-traffic/2011/06/07/AG2dukXH_story.html?hpid=z1
ITEM 39: Richard Clarke: China’s Cyberassault on America
If we discovered Chinese explosives laid throughout our national electrical system, we’d consider it an act of war. China’s digital bombs pose as grave a threat. http://online.wsj.com/article/SB10001424052702304259304576373391101828876.html?mod=WSJ_Opinion_LEADTop

SHARIA BANKING/INVESTMENT ITEM 40: DAILY INDEPENDENT (Nigeria): Understanding Islamic banking system http://www.independentngonline.com/DailyIndependent/Article.aspx?id=35631
ITEM 41: NEXT: ‘Central Bank’s stance on Sharia banking is illegal’ ITEM 42: INDEPENDENT UK: The specialist sector where the sky is the limit
MBAs in Islamic finance are a good investment in the current economic climate http://www.independent.co.uk/student/postgraduate/mbas-guide/the-specialist-sector-where-the-sky-is-the-limit-2297687.html
ITEM 43: ISTOCKANALYST: Sharjah Islamic Bank to go live on Facebook and twitter http://www.istockanalyst.com/business/news/5230427/sharjah-islamic-bank-to-go-live-on-facebook-and-twitter
ITEM 44: NAIRALAND: Anglican Bishops Kick Against Proposed Islamic Bank http://www.nairaland.com/nigeria/topic-689796.0.html
ITEM 45: GULF NEWS: HSBC expects record sukuk mandates.  More issues from Europe, Asia and Middle East forecast http://gulfnews.com/business/banking/hsbc-expects-record-sukuk-mandates-1.821700

BANKING/INVESTMENT
ITEM 46: Thomas Heonig: Why the sign must say: no UBS in the USA http://www.ft.com/intl/cms/s/0/6c941ff4-9848-11e0-ae45-00144feab49a.html#axzz1PYJQigzN

TAX EVASION/MONEY LAUNDERING/TRANSPARENCY
ITEM 47: ANTIMONEYLAUNDERING.US: Australia: Money laundering mastermind jailed http://www.antimoneylaundering.us/news_det.php?id=2106&area=News&gratis=Si

TERRORISM FUNDING (State and Non-State Actors)

ITEM 48: DAWN (Pakistan): US wanted closer scrutiny of ‘cash couriers’ providing terror financing http://www.dawn.com/2011/06/16/secret-us-cables-accessed-by-dawn-through-wikileaks-us-wanted-closer-scrutiny-of-cash-couriers-providing-terror-financing.html

COMMODITIES
ITEM 49: WSJ: Sarkozy Wants Tighter Oversight of Commodities http://online.wsj.com/article/SB10001424052702303714704576385231833555892.html?mod=WSJ_World_LEFTSecondNews
ITEM 50: WSJ: Agencies See Decade of High Food Prices http://online.wsj.com/article/SB10001424052702303823104576391130488194502.html?mod=WSJ_World_LEFTSecondNews

TRANSNATIONAL CRIME
ITEM 51: Avi Jorisch: Today’s Pirates Have Their Own Stock Exchange
Western powers patrol the seas but do little to stop pirate financing. http://online.wsj.com/article/SB10001424052702304520804576341223910765818.html?mod=WSJ_Opinion_LEFTTopOpinion

GLOBAL INSTITUTIONS (IMF, World Bank, UN)

ITEM 52: REUTERS/ARAB NEWS: Qatar backs Lagarde’s candidacy for IMF top job http://arabnews.com/economy/article454589.ece