Over Easy: Around the World
Welcome to Thursday’s Over Easy, a continuation of Southern Dragon’s Lakeside Diner and its tradition of giving an overview of news our everyday media doesn’t cover, issues that we ought to consider outside the U.S. scene.
Iraq announced that any offensive to take Mosul would be determined by its own process of decision making, after what appeared to be a U.S. declaration of an offense to begin potentially in April/May.
A U.S. Central Command official said two weeks ago that the offensive could start in April or May, using 20,000 to 25,000 troops. U.S. officials have since suggested that timing could slip to the autumn.
U.S. Defense Secretary Ash Carter said on Tuesday the original briefing was inaccurate and that military officials should not discuss war plans in any case.
“The liberation process will be purely Iraqi in terms of forces, timing, weapons and equipment,” Defense Minister Khaled al-Obeidi told a news conference in Baghdad alongside visiting Turkish counterpart Ismet Yilmaz.
A jawbone discovered in Ethiopia shows evidence of human existence that precedes our known emergence as a species – a smaller variation of the existing remains unearthed to date.
The 2.8 million-year-old specimen is 400,000 years older than researchers thought that our kind first emerged.
The discovery in Ethiopia suggests climate change spurred the transition from tree dweller to upright walker.
The 19-nation currency fell for a fifth day as traders waited for the ECB to provide more details on its quantitative- easing strategy at a meeting Thursday. Services growth in the euro area fell short of analysts’ estimates last month. A gauge of the dollar rose as data showed U.S. service businesses expanded and American companies added more than 200,000 jobs for a 13th straight month.
“The U.S. is probably a little further ahead in the economic recovery curve than the euro zone is,” said Jennifer Vail, head of fixed-income research in Minneapolis at U.S. Bank Wealth Management, which manages $122 billion in assets. “There’s been a lot of optimism about even the concept of QE and it driving growth in the euro zone, and then you get the data today.”
The euro dropped 0.9 percent to $1.1077 at 12:10 p.m. New York time and reached $1.1062, the lowest since September 2003. The dollar was little changed at 119.75 yen.