An affordable price is probably the major benefit persuading people to buy drugs at www.americanbestpills.com. The cost of medications in Canadian drugstores is considerably lower than anywhere else simply because the medications here are oriented on international customers. In many cases, you will be able to cut your costs to a great extent and probably even save up a big fortune on your prescription drugs. What's more, pharmacies of Canada offer free-of-charge shipping, which is a convenient addition to all other benefits on offer. Cheap price is especially appealing to those users who are tight on a budget
Service Quality and Reputation Although some believe that buying online is buying a pig in the poke, it is not. Canadian online pharmacies are excellent sources of information and are open for discussions. There one can read tons of users' feedback, where they share their experience of using a particular pharmacy, say what they like or do not like about the drugs and/or service. Reputable online pharmacy canadianrxon.com take this feedback into consideration and rely on it as a kind of expert advice, which helps them constantly improve they service and ensure that their clients buy safe and effective drugs. Last, but not least is their striving to attract professional doctors. As a result, users can directly contact a qualified doctor and ask whatever questions they have about a particular drug. Most likely, a doctor will ask several questions about the condition, for which the drug is going to be used. Based on this information, he or she will advise to use or not to use this medication.

Is General Mattis on a Collision Course with Keith Ellison?

For Gen. Mattis as SecDef, Mission is Iran

Keith Ellison’s Life as NIAC Cheerleader

The would-be head of the DNC has a long, cozy history with the Tehran lobby

**** Keith Ellison seems void of this information or he conveniently ignores it. Does the DNC really want him as Chairman?

Declassified IDF Map Shows Hezbollah Installations Embedded in Civilian Areas

Tower: A map released Tuesday by the Israel Defense Forces shows the degree to which Hezbollah has embedded itself into the Lebanese civilian population. The map shows hundreds of military emplacements, including weapons depots, rocket launchers, and terror tunnels, that Hezbollah has constructed in preparation for its next war against Israel.

2016-12-06_idf_hezbollah_map

Hezbollah’s deliberate positioning of military infrastructure in Lebanese villages, a tactic that the IDF has called a “war crime,” is consistent with the Iran-backed terror organization’s history of exploiting civilians to launch wars against Israel.

It was reported in 2013 that Hezbollah was paying poor Shi’ite families in southern Lebanon to allow them to store weapons in their homes, effectively making them human shields.

An Israeli defense official told The New York Times in May 2015 that Hezbollah’s buildup in southern Lebanese villages meant that “civilians are living in a military compound….We will hit Hezbollah hard, while making every effort to limit civilian casualties as much as we can…[but] we do not intend to stand by helplessly in the face of rocket attacks.” A few days later, a newspaper linked to Hezbollah confirmed the Israeli assessment.

Hezbollah has “turned the Shiite villages…into essentially missile silos,” Jonathan Schanzer, the vice president for research at the Foundation for Defense of Democracies, said in July.

Noting the threat posed by Hezbollah’s extensive rocket arsenal and its placement among civilians, Geoff Corn, an international military law expert at the South Texas College of Law in Houston, observed earlier this year that the resulting devastation from a war with these conditions would “both legally and morally…lie solely at the feet of Hezbollah.”

United Nations Security Council Resolution 1701, which was passed unanimously to end the 2006 war between Israel and Hezbollah, forbids countries from transferring weapons to the terror organization. However, Iran has continued to arm Hezbollah, and the Security Council has refused to act to enforce the resolution.

The IDF released a similar map two years ago showing that Hamas—also an Iranian client—had used a civilian neighborhood in Gaza to house its terrorist infrastructure.

**** There is more:

Iran possesses the largest and most diverse missile arsenal in the Middle East, with thousands of short and medium-range ballistic and cruise missiles capable of striking as far as Israel and southeast Europe.These weapon systems have become a central tool of Iranian power projection and anti-access/area-denial capabilities in the face of superior U.S. and Gulf Cooperation Council naval and air power in the Arabian Gulf region. While Iran has not yet tested or deployed a missile capable of striking the United States, it continues to hone longer-range missile technologies under the auspices of its space-launch program. In addition to increasing the quantity of its missile arsenal, Iran is investing in qualitative improvements to in its missile’s accuracy and lethality. Iran has also become a center for missile proliferation, supplying proxies such as Hezbollah and Syria’s al-Assad regime with a steady supply of missiles rockets, as well as local production capability. Furthermore, Iran is likely supplying Houthi rebel groups with short-range missiles in the ongoing conflict in Yemen.

Iranian Missiles

Fake U.S. Embassy in Ghana for 7 Years, Embarrassed?

Is anyone at the U.S. State Department embarrassed that a fake embassy operated in Ghana for 7 years, anyone? Hello John Kerry, did you question Hillary at all on this. She was there in 2012. It should be noted that in 2012 Gene Cretz was the U.S. Ambassador to Ghana and he was also the Ambassador to Libya just prior to Ambassador Chris Stevens. Something really seems to smell here. Anyone response from Samantha Power, the U.S. Ambassador to the United Nations, did she ever visit the country?

 SofRep

The Secretary will be going to Ghana, which is one of our most important democratic and development partners in Africa. She will be attending the funeral tomorrow of the late John Atta Mills. President Mills was recently in the United States to attend the G-8 meeting at Camp David, and five weeks before that he was in the United States on a state visit to meet with President Obama. You will all recall that on July 11th of 2009, President Obama traveled to Ghana on his trip to Africa and made his famous speech outlining our policy, in which he said we wanted partnership and not patronage, we wanted a mutual respectful and responsible relationship between the United States and Africa, and where he urged Africa to strengthen its democratic institutions, famously saying Africa needs strong institutions, not strong men.

Ghana has been a democracy, a multiparty democracy, since 1992. It has had some of the best elections in Africa. There have been changes not only of presidency but also of the political party in power. It probably has one of the best democracies on the continent, and it certainly has one of the most well-known and respected election commissioners on the continent.

Ghana has had a smooth transition since the death of John Atta Mills. The Vice President was sworn in very quickly without any political upheaval or turmoil. The country will have presidential elections in December. We think those elections will be like the last ones, hotly contested between the two leading parties. But we expect those elections will be free, fair, and transparent, and that they will also be peaceful and internationally monitored.

The Secretary will have an opportunity to meet with the new President, President Mahama, at his residence shortly after we arrive in Accra this evening. It’s out of respect and appreciation for the close relationship that President Mahama is doing this. We regard him as a friend of the United States. He is a Muslim in predominantly a Christian country, but the religious relationships between Muslims and Christians across Ghana is very, very good (inaudible). More here from the State Department spokesperson.

**** Now for the fake part and wonder if Hillary or Barack or John even went to the embassy which is standard protocol and if they did, they knew it was fake. Where there Marines protecting the building? Hah…

**** The exterior of the fake embassy in Accra, in an undated photo.

The exterior of the fake embassy in Accra, in an undated photo.  (State Dept.)

State Dept: No visas from fake American embassy in Ghana used to enter US

None of the altered visas issued at a fake U.S. embassy in West Africa for seven years appears to have been used to enter the United States, the State Department said Monday.

State Department spokesman John Kirby said the visas were created from bought, stolen or otherwise illegally obtained passports.

U.S. officials this summer discovered and shuttered the fake embassy in Accra, Ghana. However, news reports about the criminal operation began to appear only in the past several weeks, following a Nov. 2 posting on the State Department’s website.

The embassy building flew a U.S. flag every morning for three days a week, and inside the building was a picture of President Obama.

The operation was purportedly run by Ghanaian and Turkish organized crime rings that “were able to pay off corrupt officials,” the State Department said in November.

And those who posed as consulate employees were in fact Turkish citizens who spoke English and Dutch.

Responding to skeptical reporters’ questions Monday, Kirby said those who bought the fake visas likely didn’t try to enter the country with them or were stopped at the border because the visas were of “pretty poor quality.”

He also said valid U.S. visas contain the kind of digital data that is nearly impossible to replicate.

A fake Netherlands embassy in Ghana also was shuttered in this summer’s sting.

Kirby said Monday that he has no reports of other fake operations but that the joint task force that shuttered the fake embassies, Operation Spartan Vanguard, continues to look for them.

The task force is led by U.S. Diplomatic Services and includes Canadian embassy officials and local police.

Those who bought the fake visas paid as much as $6,000.

Kirby also said Monday that none of the fake visas was stolen from the real U.S. embassy in Ghana.

The raids led to the recovery of 150 passports from 10 countries and visas from the U.S., India, South Africa and the European Schengen zone.

Those involved in the scheme would drive “to the most remote parts of West Africa” to find visa applicants and transport them to Accra, the State Department said. They also used fliers and billboards to lure victims from Ghana, Ivory Coast and Togo.

Hey Obama, Hey Kerry: Did you Speak to Bana Alabed?

It is Iran, it is Russia, It is the Assad Regime of Syria. The rest of the world ignores and pays the consequences for refugees when that red-line was ignored.

***  Aleppo siege: ‘We are crying and afraid’

Update: Bana Alabed is safe in an undisclosed location.

Young Syrian activist’s Twitter account disappears as supporters fear the worst

Supporters of a 7-year-old Syrian girl feared the worst on Monday after her Twitter handle documenting the horrors in Aleppo went silent.

Bana Alabed, 7-year-old girl tweeting from eastern Aleppo, disappears from Twitter after sending goodbye tweet

 

“We are sure the army is capturing us now. We will see each other another day dear world. Bye.-Fatemah #Aleppo”, read the account’s last tweet, written by the girl’s mother.

UN SYRIA ENVOY ARRIVES IN DAMASCUS

Bana Alabed’s account apparently was deleted Sunday during a relentless army offensive to take back the eastern portion of Aleppo from Syrian rebels. Government forces, aided by Russian airpower, have been pounding that part of the city, accelerating an already dire humanitarian crisis.

The family’s dispatches became increasingly alarming as the government’s offensive grew in intensity.

DEADLY AIRSTRIKE OUTSIDE SCHOOL IN SYRIA 

“Last message-under heavy bombardments now, can’t be alive anymore. When we die, keep talking for 200,000 still inside. BYE.-Fatemah,” read one message from November 27th Sky News reported.

Another read, “The army got in, this could be our last days sincerely talking. No Internet. Please please please pray for us.”

Alabed’s mother, Fatemah, told BBC in October that her daughter became active on social media because she wished for the “world to hear our voice.”

ME & U Iran Gangs Will not allow us to speak God will protect you my little angel I am proud of you Dont be Sad

 

Young Alabed’s tweets, as well as accompanying pictures, even captured celebrity attention. JK Rowling, author of the Harry Potter books, re-tweeted the young activist and sent her e-books.

It is believed about 250,000 people are still trapped in the eastern part of the city, with at least 300 dying since the latest bombing offensive began. Go here for her short thank you video via FNC.

****

How Facebook hurt the Syrian Revolution

Social media made the Syrian revolutionary movement less resilient and more exposed to regime brutality.

Riham Alkousaa is a Syrian journalist covering refugees in Europe and conflict in Syria.

“Will I die, miss? Will I die?” asks a Syrian boy in panic. The recent video shot in a wrecked hospital in Aleppo in the aftermath of a chlorine gas attack went viral on social media. Just a few months earlier, Aleppo hit the newsfeeds with another shocking image of an injured child: five-year-old Omran Daqneesh sitting in an orange ambulance chair.

Aleppo has been one of the highest trending news on social media in the United States for a while now. People express anger, sadness, disappointment; they like and share; they tweet. And what of it? Nothing changes in Aleppo.

At the same time, across the ocean, in the US, there has been a heated discussion about the major role social media played in the recent elections. Some have argued that Donald Trump’s tweets got him more media coverage and attracted voters’ attention while fake news, which spread on social media, helped him seal his victory.

So why is it that social media can help win an election in one country and cannot stop a month-long massacre in another?

Erica Chenoweth, a professor at the School of International Studies at the University of Denver, has argued that social media is helping dictators, while giving the masses an illusion of empowerment and political worthiness.

At a recent lecture at Columbia University, when asked for an example where social media played a negative role in a social movement, Chenoweth paused a little to finally say, “what comes to my mind now is Syria.”

Indeed, social media hurt the Syrian uprising. It gave the Syrian people the hope that the old dictatorship can be toppled just by uploading videos of protests and publishing critical posts. Many were convinced that if social media helped Egyptians get rid of Hosni Mubarak, it would help them overthrow Bashar al-Assad.

It created the false illusion that toppling him would be easy and doable.

The limits of social media activism

Social media didn’t highlight the differences in the political structures of Egypt, Tunisia and Syria. The absence of a developed political opposition in Syria didn’t come to the mind of those young protesters eagerly posting on Facebook and Twitter. Egypt had decades of experience with political opposition to the regime and Syria didn’t.

But with a society under constant and pervasive surveillance, how could the Syrians develop a mature political opposition? The brief period of political relaxation following the death of Bashar’s father, Hafez al-Assad, in June 2000, could’ve been an opportunity to start this process.

But the Damascus Spring, as this period of intense political and social debate was later called, ended in the autumn of 2001 with serious government repressions.

In March 2011, it looked easy to be in opposition on Facebook; it was a great platform for those who wanted to protest. The Facebook page “Syrian Revolution” was just a click away and its followers quickly grew above 100,000. What few people knew in Syria was that the administrator was actually a Syrian living in the safety of Sweden and that only 35 percent of those liking the page were Syrians actually living in Syria.

It is not surprising, therefore, that the numbers turning up sometimes at scheduled protests were low. Many were waiting for a huge sit-in to be in Umayyad Square in the heart of Damascus, or at least in Abaseen Square near the big stadium. It never happened.

Instead, the regime was able to organise major counter-marches in the same squares. The difference is that Assad wasn’t relying on Facebook to gather the crowds. He had some loyal supporters who would volunteer to turn up and the rest of the crowd would get volunteered – that is to say, various state institutions would force its workers to rally … or else.

Social media also limited social movements to only one tactic: street demonstrations. Crowds of protesters were easy targets for killing (live ammunition was widely used) and mass arrests, quickly shrinking the numbers of those willing to come out.

The few attempted boycotts would also fail for the same reason. In December 2011, activists tried to organise a trade boycott, encouraging shops to close down; many refused to do it after they saw all the shops that were burned in Deraa after a similar initiative.

The use of social media also made activists and regular protesters highly vulnerable. When the regime allowed direct access to Facebook (which had been only accessible through VPN until then) in February 2011, it was clear that it is doing so to facilitate surveillance and the targeting of the protest movement.

Many were arrested for just sharing a photo, commenting or uploading a video. Facebook-organised protests also allowed the regime to know in advance the location and prepare its crack-down accordingly.

Virtual protests stay virtual

More importantly, social media created the illusion that one can change and challenge the events on ground by being active online. Aleppo has been severely bombed since September 2015 with the Russian intervention. This year, when news erupts that the situation is catastrophic, thousands of Syrians around the world protest … by changing their Facebook profile picture.

People react virtually while not much is changing on the ground. The number of actual protests on the ground for Syria had declined by 2013. The feeling that social media gives you that you’ve done your bit by posting online is one reason for this demobilisation.

In this regard, Syria is like Palestine, where calls for a third Intifada have not materialised into actions, despite the growing number of Israeli violations.

In fact, this trend is obvious, not just in the Middle East, but globally. In the 1990s, before the advent of social media, around 70 percent of nonviolent social movements succeeded while this number plummeted to only 30 percent in the Facebook and Twitter era.

Social media, of course, is not the only reason why the Syrian uprising failed. But it is something that Syrian revolutionaries should think about when thinking about the future of their movement.

Facebook posts cannot defeat an unscrupulous dictator armed with a brutal repressive apparatus and resolved to use it at will.

Riham Alkousaa is a Syrian journalist covering refugees in Europe and conflict in Syria. She is currently a masters’ student of Politics and Global Affairs at Columbia University, Graduate School of Journalism. 

75 Years Later, Pearl Harbor With More Details

Japanese leader Shinzo Abe to visit Pearl Harbor with Obama

Japanese Prime Minister Shinzo Abe announced Monday that he would accompany President Obama to Pearl Harbor, making him the first sitting Japanese leader to visit the Hawaiian naval base since the end of World War II.

Abe told reporters that he will visit a memorial at the site on Dec. 26 and 27. The surprise announcement came two days before the 75th anniversary of Japan’s attack on the base, which killed 2,400 U.S. servicemen and civilians and drew the U.S. into the war.

“This will be a visit to console the souls of the victims,” he said. “I would like to show to the world the resolve that horrors of war should never be repeated.” More here from LATimes.
Surprise strike: Hundreds of U.S. ships and boats were destroyed from Japanese bombs and torpedoes in the devastating attack on December 7, 1941

Surprise strike: Hundreds of U.S. ships and boats were destroyed from Japanese bombs and torpedoes in the devastating attack on December 7, 1941  UKDailyMail

*****

Three days before the Dec. 7, 1941 Japanese attack on Pearl Harbor, President Roosevelt was warned in a memo from naval intelligence that Tokyo’s military and spy network was focused on Hawaii, a new and eerie reminder of FDR’s failure to act on a basket load of tips that war was near.

In the newly revealed 20-page memo from FDR’s declassified FBI file, the Office of Naval Intelligence on December 4 warned, “In anticipation of open conflict with this country, Japan is vigorously utilizing every available agency to secure military, naval and commercial information, paying particular attention to the West Coast, the Panama Canal and the Territory of Hawaii.”

The memo, published in the new book December 1941: 31 Days that Changed America and Saved the World went on to say that the Japanese were collecting “detailed technical information” that would be specifically used by its navy. To collect and analyze information, they were building a network of spies through their U.S. embassies and consulates.

****

HONOLULU, Dec. 5, 2016 — As the second-oldest known Pearl Harbor survivor, retired Navy Lt. Jim Downing, 103, wants the memory of the Dec. 7, 1941, attack to stay alive for future generations.

Downing, of Colorado Springs, Colorado, has come to Pearl Harbor, Hawaii, to join other survivors for commemorations of the 75th anniversary of the attack this week.

“I understand this is going to be the last big anniversary, so I am sorry to see it pass down into history, but there are not enough of us left to commemorate it,” he said.

“I hope history books and history teachers won’t forget. There’s a tendency as time passes to forget about the past, so I’m hoping history books and teachers will keep the memories alive,” Downing added.

The Navy veteran spoke in an interview yesterday after viewing a screening of the World War II Foundation’s documentary “Remember Pearl Harbor.” Downing and other veterans, including fellow Pearl Harbor survivors, were guests of honor at the event at the Pacific Aviation Museum on Ford Island in Pearl Harbor.

Memories of Pearl Harbor

“[The attack] happened just a few hundred yards over here,” Downing said, gesturing toward the harbor. His ship, the USS West Virginia, was severely damaged in the Japanese attack.

“We were right next to Ford Island, so it’s hard to forget what happened — now just being on the spot,” said Downing, who was a gunner’s mate first class at the time of the attack.

When the surprise Japanese assault began, the then-28-year-old Downing was having breakfast at home with his wife and some of his shipmates. He and the other sailors rushed over to the ship to help.

“Nine [torpedoes] hit the West Virginia — and we sunk pretty quickly after that — and everything above the waterline was on fire,” he recalled.

More than 100 men on the ship were killed, including at least 17 of Downing’s close friends. Despite the loss, he did not despair, he said, explaining his friends were part of his Bible study. He has faith he and his friends will be reunited.

“I rejoiced that I would see them in the future,” he said.

For the dead and injured on his ship, he composed personalized letters for the families.

“The ones that I didn’t know, while I was fighting the fire, I memorized their identification tags and wrote to their parents so that was a sense of closure, both on my part and on the part of their own parents,” Downing said.

He heard back from many of them, he said, including parents who learned their sons were actually alive. “They were grateful,” Downing said. “They rejoiced; they didn’t know that their sons were still alive until they got the letter.”

Return to Pearl Harbor

Downing, who also came to Pearl Harbor for last year’s anniversary, stays connected with fellow Pearl Harbor survivors.

“The greatest pleasure is to renew acquaintance with my shipmates,” he said. “I’ve been coming to these reunions for a long time. There is a lot of camaraderie among the ship’s crew, in fact, it never runs out.”

But as time passes, fewer survivors remain, Downing pointed out.

Pearl Harbor survivor and retired Navy Lt. Jim Downing attends a screening of the “Remember Pearl Harbor” documentary at the Pacific Aviation Museum at Pearl Harbor, Hawaii, Dec. 4, 2016. Downing, who was among the guests of honor at the event, journeyed to Pearl Harbor to take part in events marking 75 years since the surprise Japanese attack. DoD photo by Lisa Ferdinando

Pearl Harbor survivor and retired Navy Lt. Jim Downing attends a screening of the "Remember Pearl Harbor" documentary at the Pacific Aviation Museum at Pearl Harbor, Hawaii, Dec. 4, 2016. Downing, who was among the guests of honor at the event, journeyed to Pearl Harbor to take part in events marking 75 years since the surprise Japanese attack. DoD photo by Lisa Ferdinando

Pearl Harbor survivor and retired Navy Lt. Jim Downing attends a screening of the “Remember Pearl Harbor” documentary at the Pacific Aviation Museum at Pearl Harbor, Hawaii, Dec. 4, 2016. Downing, who was among the guests of honor at the event, journeyed to Pearl Harbor to take part in events marking 75 years since the surprise Japanese attack. DoD photo by Lisa Ferdinando

“I just wonder how many I will see next year,” he said, adding “most of my friends are in heaven, so I look forward to seeing them over there.”

Hope for the Younger Generation

Downing said he is grateful for the nation’s support of its military veterans.

“I am glad for this wave of patriotism that is sweeping the country,” he said.

Downing said he does have a message for the younger generation.

“I tell them: ‘You’re the leaders of tomorrow; you’re the voters of tomorrow; you’re the taxpayers of tomorrow; you’re the legislators of tomorrow. My charge to you is, keep America strong,'” he said.

“I want America to be kept so strong — in cyberspace, in space, in the skies, on the ground, on the sea, under the sea — that no dictator will even think about attacking us,” he said.

‘One Day at a Time’

Downing said his optimistic view comes from his life philosophy, to take life as it happens and whatever it brings.

He said he doesn’t worry about yesterday or tomorrow, or weigh himself down with things he can’t control or change — including the events of that day 75 years ago.

“So I live one day at a time. I don’t brood over what happened there. It happened and [there’s] nothing I can do about it, so I got to live with it,” he said.

****

Further reading: Pearl Harbor Research Records Declassified

 

Stability is Instability in Italy as Prime Minister Resigns

Reuters: Italian Prime Minister Matteo Renzi is set to resign on Monday after suffering a crushing defeat in a referendum over constitutional reform, tipping the euro zone’s third-largest economy into political turmoil.

His decision to quit after just two-and-a-half years in office deals a blow to the European Union, already reeling from multiple crises and struggling to overcome anti-establishment forces that have battered the Western world this year.

Renzi’s emotional, midnight resignation announcement sent the euro lower and jolted stock and bond markets on concerns that early elections could follow, possibly paving the way for an anti-euro party, the 5-Star Movement, to come to power.

Financial markets bounced back later in the morning as European officials played down the prospect of a broader euro zone crisis, but Italy’s fragile bank sector had dropped more than 4.7 percent at 1320 GMT. [.FTIT8300]

Renzi has called a Cabinet meeting for 1730 GMT, after which he said he would tender his resignation.

European Commissioner for Economic and Financial Affairs Pierre Moscovici dismissed talk of a euro zone crisis, and German Finance Minister Wolfgang Schaeuble urged calm. Both said Italy’s institutions are capable of handling a government change, which would be its 64th since 1946.

Economy Minister Pier Carlo Padoan, who has pulled out of meetings with European finance ministers in Brussels this week, is viewed as a possible candidate to replace Renzi. Senate President Pietro Grasso and Transport Minister Graziano Delrio have also been tipped as possible successors.

It is unclear if Renzi will have enough support in his Democratic Party (PD) to remain party leader – a role that could give him a say in who becomes the next prime minister.

The government crisis could open the door to elections next year and to the possibility of the opposition 5-Star Movement gaining power in the heart of the single currency area. 5-Star, which campaigned hard for a ‘No’ vote, wants to hold a referendum instead on membership of the euro.

“I take full responsibility for the defeat,” Renzi said in his late-night speech, pledging to formally resign to President Sergio Mattarella on Monday.

“I will greet my successor with a smile and a hug, whoever it might be,” he said, struggling to contain his emotions when he thanked his wife and children for their support.

“We are not robots,” he said at one point.

SUCCESSOR

Sunday’s referendum was over government plans to reduce the powers of the upper house Senate and regional authorities but was viewed by many people as a chance to register dissatisfaction with Renzi, who has struggled to revive economic growth, and mainstream politics.

“No” won an overwhelming 59.1 percent of the vote, according to the final count. About 33 million Italians, or two-thirds of eligible voters, cast ballots following months of bitter campaigning that pitted Renzi against all major opposition parties, including the anti-establishment 5-Star.

The euro briefly tumbled overnight to 21-month lows against the dollar, as markets worried instability could deal a hammer blow to Italian banks, which are looking to raise around 20 billion euros ($21 billion) in coming months. However, by early in the European morning it had largely rebounded. [FRX/]

Italy’s banks are weighed down by more than 350 billion euros of bad loans.

Shares in Monte dei Paschi fluctuated wildly on Monday and were down almost 5 percent at 1320 GMT, as a consortium of investment bankers met to discuss a capital increase to raise 5 billion euros which the lender needs by the end of the month to avoid being wound down.

Yields on Italy’s benchmark 10-year bond initially soared to more than 2.07 percent, but then retreated back to 2.04 percent. [GVD/EUR]

Mattarella will consult with party leaders before naming a new prime minister – the fourth successive head of government to be appointed without an electoral mandate, a fact that underscores the fragility of Italy’s political system.

In the meantime, Renzi would stay on as caretaker.

The new prime minister, who will need the backing of Renzi’s PD to take office, will have to draw up a new electoral law, with 5-Star urging a swift deal to open the way for elections in early 2017, a year ahead of schedule.

“From tomorrow, we will start work on putting together 5-Star’s future program and the team of people that will make up a future government,” said Luigi Di Maio, tipped to be the group’s prime ministerial candidate.

Opinion polls put 5-Star neck-and-neck with the PD.

DEMOLITION MAN

Renzi, 41, took office in 2014 promising to shake up hidebound Italy and presenting himself as an anti-establishment “demolition man” determined to crash through a smothering bureaucracy and reshape creaking institutions.

However, his economic policies have made little impact, and the 5-Star Movement has claimed the anti-establishment banner, tapping into a populist mood that has seen Britons vote to leave the European Union and Americans elect Donald Trump president.

In a moment of relief for mainstream Europe, Austrian voters on Sunday rejected Norbert Hofer, vying to become the first freely elected far-right head of state in Europe since World War Two, choosing a Greens leader as president instead.

But elsewhere, the established order is in retreat. French President Francois Hollande said last week he would not seek re-election next year, and even German Chancellor Angela Merkel looks vulnerable as she seeks a fourth term in 2017.

Just this past July, 2016:

BusinessInsider: The economic and political crisis brewing in Italy was, until recently at least, going largely unnoticed. 

Italians will have a say on reforms to its Senate, the upper house of parliament, in October.

The proposed reforms are widespread, and if approved could improve the stability of Italy’s political set up and allow Prime Minister Matteo Renzi to push through laws aimed at improving the country’s economic competitiveness.

If denied, Renzi’s government will most likely fall, plunging Italy back into the type of political chaos last seen after the ousting of former Prime Minister Silvio Berlusconi, according to Deutsche Bank.

The country is also contending with a banking crisis, and a stagnant economy with crushingly low productivity, a history of missing growth targets, and generally underperforming the rest of Europe in recent years. All this led the International Monetary Fund to warn earlier this week of “two lost decades” for the nation.

All in all, things don’t look particularly peachy for Italy, especially when warnings that the country’s woes — and not Brexit — could be the catalyst to tear the Eurozone apart in coming years.

But what exactly are the biggest issues that present risks to Italy and its political and economic stability? Thankfully, following its recent mission to the country, the International Monetary Fund has produced a handy flow chart, or “risk matrix” showing all the threats to stability in the country.

It includes growing tensions in the Middle East, the UK’s vote to leave the EU, the rise of populism, and of course, Italy’s banking crisis which — despite steps being taken towards a solution — is still a massive threat.