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raine. The war in Syria is becoming an ever-greater can of worms. In addition to the mutually competing interests of the many factions battling the Assad regime and each other, four key outside countries and their coalition partners-- Russia, France, the US, and Turkey—now have air forces in action a
scussed in this report is available upon request. This report may not be reproduced, distributed or published by any person for any purpose without Deutsche Bank's prior written Copyright @ 2015 Deutsche Bank AG consent. Please cite source when 17th Floor, 11372 Riyadh, Saudi Arabia. information at quo
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demonstration here recently shows that Syrians share the yearning for dignity that's sweeping the Arab world - and also illustrates why President Bashar al-Assad so far hasn't been threatened by this tide of anger. Here's what happened on Feb. 19, according to accounts provided separately by a Western diplo
ar. The police officers were reprimanded. The crowd eventually dispersed, and some (perhaps with official encouragement) began chanting in favor of Assad. The government did another sensible thing: Rather than try to suppress information about the event (which would have been futile, EFTA00586493
. Demand rose by a blistering 2.7m b/d last year, according to the International Energy Agency, and is set to grow by another 1.7m b/d this year by Deutsche Bank's reckoning. Many other producers are already running at full capacity; OPEC has its hands on the only spare oil. If Libya's oil stopped flowing imp
nd' as ex-chief questioned FT • Cities warn Miliband over HS2 'conflict' FT • Washington plays with fire again over America's budget plans FT • Assad's barbarism goes on unabated FT • How a digital currency could transform Africa FT • NSA fights back over eavesdropping claims FT • Ecotax revo
eled Policies Heat Up Health Fight WSJ • House Is Expected to Pass a Change to Swaps Rules WSJ • Dutch Real Estate Gets New Lease on Life WSJ • Dutch Bank Settles Case Over Libor Deceptions NYT • We should have made cuts before crash, says Blair The Times • Europe is still bugged by weak leadership
=get involved." And on Meet the Press, Senator John= McCain auguring that the United States should be arming the rebels, using airstrikes to att=ck Assad's forces and create a safe haven for refugees. What all o= this really means, no one knows, because as we know from Viet Nam, Iraq and Afghanistan,
the International Swaps and Derivatives Association consists o=: Bank of America Corp., Barclays, BNP Paribas SA, Citigroup Inc., Credit Sui=se AG, Deutsche Bank AG, Goldman Sachs Group Inc., HSBC Holdings Plc, JPMorgan Chase & Co., Mizuho Financial Group Inc., Morgan Stanley, Nomura Holdin=s Inc., Royal Bank of
Entities connected to both Bashar al-Assad and Deutsche Bank

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