Features
“Proof of Life” – New book about Syrian conflict tells spellbinding story of one man’s search for a young American who went missing in 2014
Review by BERNIE BELLAN The war in Syria which began in 2011 following upon earlier upheavals in the Arab world that were ignited by what became known as the Arab Spring has, by and large, vanished from the headlines of the world’s newspapers.
Once Russia intervened on the side of Bashar Al Assad in 2015, along with Iran and its Hezbollah acolytes, the tide was turned in favour of Assad. It is true that American troops, along with their various allies in Syria, were instrumental in ridding Syria of ISIS, but there were many more factions fighting the Assad regime than ISIS.
The complex world of what really amounted to inter-tribal warfare in Syria resulted in some of the most atrocious acts imaginable committed by all sides in the conflict, although when it came to the use of military hardware to massacre entire populations, Assad’s forces set new levels of barbarity in terms of the degree to which they were willing to gas, bomb, and murder innocent civilians throughout the conflict.
Within this nightmarish world, however, there were many individuals who not only did not suffer at all during the conflict – they actually thrived. Some were members of different militias who capitalized on capturing Western journalists and humanitarian workers in Syria, holding them for huge ransoms when they could.
We in the West were witness to the horrendous brutality that ISIS was capable of when it came to dealing with those captured Westerners – including their beheadings on a regular basis, but other groups were also willing to engage in equally savage treatment of innocent Westerners. In the cases of those other groups, however, the goal by and large was to trade Westerners for money.
Often captured journalists or humanitarian workers would be traded back and forth among groups. There were different reasons for the shuffling around of prisoners. For one, it made it almost impossible for anyone wanting to retrieve those prisoners to keep track of them. Secondly, at different times different groups placed different values on certain prisoners, depending on where they came from and with whom those groups were in a position to negotiate.
Into this hellish world stepped Daniel Levin, a Swiss-born Jew now living in the United States whose expertise is in negotiating with some of the world’s most unsavory characters. Levin is a lawyer by training and his legal negotiation skills were put to good use when he began working “with a European foundation and select individuals in Syria” in what became a project known as “Project Bistar”.
The purpose of Project Bistar, Levin explains in an incredibly fascinating new book (that is yet to be released for sale to the public) titled “Proof of Life”, was to mediate between the warring sides in the Syrian conflict, “in the hope of working quietly behind the scenes toward a negotiated settlement and, at a second stage, identifying young, next-generation individuals of the Alawite, Sunni, Druze, and Christian communities with leadership potential.”
Levin explains that, until 2015 when the Russians intervened on his side, Assad appeared amenable to a negotiated settlement, especially when rebel forces were inflicting terrible damage on his own forces.
With that as background information, in 2014 Levin found himself thrust into a situation totally unexpectedly in which his negotiating skills were put to a supreme test.
As a press release that was sent to me in January described it, “Daniel Levin was at his office one day when he got a call from an acquaintance with an urgent, cryptic request to meet in Paris. A young man had gone missing in Syria. No government, embassy, or intelligence agency would help. Could he? So begins a suspenseful, shocking, and at times brutal true story of one man’s search to find a missing person in Syria over eighteen tense days.”
Thus begins “Proof of Life: The Undercover Search for a Missing Person in Syria, where Arms, Drugs, and People Are for Sale“.
This lengthy preamble to my review of the book was necessary to provide some context for what the book is all about. Since the story that Levin tells – and the events which he describes are all true – although he has changed the names of most of the characters in order to protect the identities of individuals whose lives might be in danger, even years after the events which he describes.
Reading “Proof of Life” is like reading any well-written, fast paced thriller – except in this case, knowing that what you are reading really did happen will often leave you feeling physically ill when you realize the depths to which humans are capable of sinking to the present day. And I’m not just talking about the depravities of various armed groups around the world, many of which are Islamic it must be said (whether in the Middle East, Africa, the Philippines or any other of a number of areas in which offshoots of Al Qaeda or ISIS still hold sway).
Some of the most notorious characters in “Proof of Life” are not at all involved in actual fighting; instead they are the parasites who see opportunities in conflict situations to make vast sums of money supplying such commodities as drugs and women to the fighters.
It was within this dangerous and completely shadowy world that Levin found himself when he was asked to help obtain information about a young American by the name of Paul Blocher who had somehow entered into Syria sometime in 2014 – and disappeared.
As Levin describes it, he was contacted by an old friend who asked him for a favour, which was to use his various and very useful contacts throughout the region to do what he could to find out what happened to Blocher.
What follow sin the book is a complex series of encounters with some fascinating characters, most of whom are Arabs of varying nationalities, in locations including Ankara, Beirut, Washington, Amman, and Dubai, as Levin pursues a trail replete with scattered bits of information that bring him ever closer to the one character who he is certain can reveal what actually happened to Paul Blocher.
Throughout reading this book I couldn’t help thinking that Levin, who doesn’t at all hide his Jewish identity, was quite fearless in his willingness to seek out individuals whose reputations would leave just about anyone else terrified to even go anywhere near them, let alone try and arrange to meet them.
Given that he had been tasked with an assignment that very few individuals in the world would be capable of performing, as you read the very careful preparations he continually put in place prior to his meeting any of these dangerous individuals, although Levin doesn’t describe to any extent how he developed his unique expertise in negotiation and subterfuge, you can only marvel at the thinking he displayed at all times in planning his course of action.
At a certain point in the book though, the name of a drug known as “captagon” began to take on a prominent role in the story. I had to digress from reading “Proof of Life” to acquaint myself with just what Captagon is.
Captagon is a powerful amphetamine that is most popular in the Middle East, where it is both the recreational drug of choice in such countries as Saudi Arabia and the drug that was used by all sides during the Syrian conflict that, in the words of a BBC correspondent describing how Captagon is used in Syria,“gives people a euphoric feeling that they can take on the world and are relatively indomitable. [It] suppresses appetite and gives you a very long burst of energy, something like 18 to 24 hours.”
“Amphetamine use by fighters is commonplace, but I wondered if the specific properties of Captagon made it the perfect war drug.
“ ‘That depends on what your values are in the war,’ “ according to Max Kravits, a researcher who has spent years studying the use of Captagon in the Syrian conflict.
“ It is incredibly deteriorating and debilitating and it makes fighters take risks they otherwise wouldn’t take. But if your goal is simply to take said hill regardless of the human cost, it certainly seems to be doing the job.’ “
As Levin pursued his quest to find out what happened to Paul Blocher, he was led ever closer to the one man who, it is had become apparent from a variety of sources, would be able to tell Levin what happened to Blocher.
That man’s name was “Anas” and if you ever wanted to conjure up a more insidious villain you would be hard put to find anyone more absolutely evil than Anas. When Levin finally saw Anas for the first time – and he made sure that he was carefully hidden so that Anas did not see him, he was blown away by Anas’s physical appearance: A massive six foot five, so muscular that he said Anas’s wrist was as big as Levin’s thigh. (It turns out that Anas was a steroid junkie, which both explained his enormous physique and the almost constant bouts of rage to which he was prone.)
And, although you can’t help but fear for Levin as he entered into the proverbial lion’s den, knowing that this is a true account, the overriding question as he describes his eventual face to face encounter with Anas, was how was he going to pry information out of someone who, it turns out, was actually capable of killing his own child to exact revenge on a wife who dared to leave him.
“Proof of Life” was just recently published (in 2021, as a matter of fact) and the copy I was sent was a review copy. But, as I was reading this incredibly fascinating book (and I know I use that phrase all too often in describing books that I love), I kept thinking to myself: All right, we know that Israel is engaged in an ongoing war of sorts with Iran in Syria, as Iran uses Syria as its base for arming Hezbollah, and that threatens to turn into a major all–out war with Hezbollah, but what of the actual conflict in Syria itself between Assad and all those factions that were fighting his regime? Has it all quieted down or are we just not hearing about it any more?
Here’s the answer, as Daniel Levin writes in his postscript to “Proof of Life” (and again, it was just written in 2021):
“These days, conventional wisdom holds that the conflict in Syria has been decided. The war is over. Bashar al-Assad and his regime won with the help of Iran, Russia, and Hezbollah; the opposition, the Kurds, and ISIS were defeated. Sure, some nasty things did happen, but it’s time to move on and rebuild the country.
“Turns out, conventional wisdom is not particularly wise. This war is not over. The killings have not stopped. The chemical gassings, the cluster bombs, the executions, the torture, the human trafficking the annihilation of entire villages – they all continue. For millions of trapped Syrians, the nightmare never ends. A small group of privileged men connected to the regime through family or business have amassed unimaginable fortunes as they control the war economy, trading everything – food, medicine, fuel, heating, oil, drugs, weapons, prisoners, young girls – and looting the destroyed cities for scrap metal, copper, steel, and anything of value. Like in all war, the only ones left are a few extremely rich individuals and many extremely poor people. Everyone in between has been wiped out. Yes, the war economy is alive and well, and this war will last as long as that remains the case.”
The insights that Levin offers throughout this book – and what I just quoted is but one example of the level of knowledge that he brings forth about of what is really going on in Syria – may differ from commonly accepted wisdom about what has happened in Syria of late. Yet, Levin’s profound understanding of the Middle East left me with only one conclusion about the Arab world: It is a cruel jungle, often surrounded by a façade of material wealth that only disguises the fact that it is thoroughly tribal in nature – and an extremely dangerous world in which to set foot.
Lucky for the Israelis who are now establishing connections throughout much of the region – they know what they’re getting into. They’ve been operating in what is probably the most dangerous neighbourhood in the world for a very long time. I’m sure that Israel has a lot of Daniel Levins around who know how to negotiate their way through the metaphorical landmines into which Israel is now stepping.
“Proof of Life” is set to be released to the public in May 2021.
Features
Exchange Rate Factors: What Global Events Mean for Savvy Investors
When Russia invaded Ukraine in 2022, it created ripples in all financial markets, including currency markets. The Euro weakened while the dollar surged and emerging market currencies wobbled. Global factors can quickly affect financial markets and shake established trends. Apart from such rare events, currencies tend to change their price because of interest rates, inflation, and overall investor confidence. For investors managing money abroad, understanding these movements is critical to avoid losses and mitigate risks.
Below, we will break down how global political, economic, and cultural events influence exchange rates, with insights for savvy investors.
Economic factors
There are several key exchange rate factors with a consistent history of shaking financial markets. These factors include inflation, interest rates, trade balances, employment rates, and so on. Since economic factors are shaping markets almost daily, we start with those.
Inflation and interest rates
Inflation and interest rates are closely connected as one can easily affect the other. When inflation rises, central banks step in and raise interest rates to reduce inflation, and when inflation is lower, central banks can lower interest rates to make borrowing money cheaper. As a result, investors closely monitor these two metrics to anticipate changes in interest rates. Higher inflation makes currencies weaker, and whenever banks change the rates, the changes are immediately reflected in global currency rates. In the United States, the Federal Reserve is the central bank that sets interest rates in the country.
Trade balances and economic growth
A country that exports more than it imports has a stronger demand for its currency. More demand equals a stronger currency. However, the Japanese yen was always weaker against the dollar because the BOJ of Japan tends to have super low rates near 0 to support its exporters. Economic growth also increases demand for local currency as more investors try to invest in the country’s economy. Long-term investors often track this data to detect early signs of any changes in currency strength.
Political and geopolitical factors
Elections, sanctions, and overall political stability are also crucial factors. If the country gets under sanctions, its economy crumbles and its currency becomes inflationary, losing its value quickly. Elections are also crucial for a currency’s strength. Geopolitical events can have a serious impact on the currency as well. The most obvious example is the 2016 Brexit events that made GBP lose its value rapidly and violently. Global conflicts, such as wars, can seriously impact global financial assets, especially currency markets. When tensions are high, safe-haven currencies like USD and CHF (Swiss Franc) become very popular among investors as they seek a safe place to protect their capital.
Cultural and social factors
People like tourists, workers, and diaspora communities can shape currencies as well. Tourism usually drives seasonal demand, and countries that are popular destinations during certain seasons experience their currency appreciation as demand spikes. The perception matters as countries seen as safe and opportunity-rich tend to attract more investors, solidifying their currency strength.
Technology and innovation
Technology is seriously affecting everything, especially the financial sector. Digital payment systems, blockchain technology, and fintech startups have made it easy and swift to move money around. Cryptos and stablecoins enable investors to protect their capital using stablecoins during volatile times. The latest trend among banks is to work on CBDCs, which signals a new era where national currencies are blended with technology and blockchain. Despite this, currencies, even in their crypto form, will continue to be influenced by all major factors mentioned above, and knowing how these factors impact your currency is key to keeping your capital safe from risks.
Practical lessons for savvy investors
So, what do all these factors teach us about global currency rates and investing strategies? The key lies in proper preparations and anticipation. Monitoring macro trends, policy announcements, and major geopolitical and political developments is critical.
Diversify
The number one method which is used by professional investors is diversification. This simply means to spread your risks across a basket of assets. By not investing all your capital in one instrument, you can mitigate risks. If one asset experiences a loss, other ones will counter it with returns. Building a diversified portfolio is key to properly diversifying. For example: divide your capital to buy stocks, commodities, currencies, and cryptos so that if one fails to perform, others will counter it. This ensures a stable income without unnecessary losses in the long run.
Hedge
Forex options and ETFs are great hedging assets. Forex options let investors lock in an exchange rate for a future date, which is very useful if you expect volatility but want stability. Currency ETFs, on the other hand, track specific currencies or a basket of currencies and allow easy trading or protection without trading forex directly, but they are still risky.
Monitor the economic calendar
Economic calendar is a free online tool that aggregates important macroeconomic news data such as interest rate decisions, CPI, inflation, employment rates, central bank announcements and speeches, and other crucial information. By monitoring them, investors can always know when important news data will be released, and they can postpone their investment decisions to avoid volatile times and only invest after the main trend is determined.
Features
The Canadian Dollar is on a slow decline. Should you save in euros or US dollars instead?
The Canadian dollar has been losing its value against the dollar this year. For Canadians, this raises a simple question: if your CAD is losing ground, is it better to move savings into euros or U.S. dollars, especially bonds, stocks, or a carry-trade strategy? Carry-trade strategy in this context means to borrow in CAD and invest it in the USA or the EU zone. This is a complex matter, and to understand where the CAD is, how attractive other currencies might be, we need to analyze these currencies more deeply. Below, we will walk you through the data, practical costs, and risks so you can reach a usable conclusion after reading this guide.
Quick snapshot – What the markets say right now
Recently, the Canadian dollar has hit multi-month lows due to weaker oil prices and a post-Fed (U.S. Federal Reserve) market reaction (which raised the rates, making the CAD weaker against the dollar). Canada’s central bank has cut its policy rate to 2.25%, while the Fed’s fund rate remains notably higher at about 3.75-4%. The ECB (European Central Bank) main interest rates are lower than the Fed’s and near the low-to-mid 2% range. While the Euro currency to USD rates remain mostly predictable, due to higher US bond yield rates, the EUR remains stronger, still. The U.S. 10-year Treasuries are around 4.1%, Canada’s 10-year near 3.2%, and Germany’s 10-year around 2.7%, meaning that today the USD-denominated bonds have the highest nominal yield among the three. As a result, the dollar seems much more attractive when it comes to bond yields and stocks.
Bonds – Which currency is the best for fixed income?
The short answer is: USD bonds. When it comes to nominal yield alone, US bonds beat almost all other competitors. U.S. government bond yields (10-year) are noticeably higher than Canadian and German/Eurozone bond yields right now. As a result, US bond buyers have more income potential than Canada and the EU. Euro-area core yields are lower, meaning they are paying less than the USA.
However, nominal yield does not mean it is guaranteed real return, and metrics like inflation, currency rates, and hedging costs can impact potential returns directly. If you buy USD bonds but the dollar falls against the CAD, currency losses will most likely wipe out the higher yield rate. If the Fed lowers its rates, it will make the dollar weaker against the CAD and EUR.
Another challenge is that, if you live and spend in Canada, you are using CAD, and when exchanging it for dollars, you get exposed to foreign currency rate risks, which must not be underestimated.
Stocks – Euro or dollar?
Both the EUR and USD have their advantages. USD has strong liquidity and strong long-term performance, while EUR equities offer valuation opportunities and recent relative strength.
Why USD?
The U.S. market remains the most liquid stock market with strong earnings for many tech and large companies. This makes USD stocks very attractive for long-term-oriented investors. S&P has been rising historically, and even after crashes, it often recovers its value relatively quickly.
Why EUR?
European indexes have performed well this year and in many cases cost less than their U.S. counterparts. While cheaper does not always mean better, these indexes still have some growth potential. Some major banks in the EU zone, together with industries, have recovered strongly with a recent focus on military manufacturing, making many EU stocks very attractive, together with local indexes.
However, here is a caveat: if you are using CAD daily and it loses its value against the euro, the returns from euro holdings might shrink, exposing you to greater currency risks.
Carry-trade analysis – Is it viable to borrow CAD and invest it in USD or EUR?
The basic promise of carry-trade is simple yet powerful: you borrow cheaper currency and invest it in currencies with higher yields. In our case, is it lucrative to borrow in CAD and invest in either EUR or USD? To answer this question, we need to look at numbers. BoC policy rate is 2.25%, Fed funds from 3.75%, U.S 10-yr is 4.1%, Canada 10-yr is 3.2%. If we deduct Canadian rates from the U.S. rates, we get around 1.8% positive before costs. So, in theory, it could be lucrative to invest CAD in USD assets using a carry trade. Since the ECB has around 2%, it is not profitable to use a carry-trade strategy for the euro.
The bottom line
While the CAD has been weakening lately, it is still not cheap enough to naively invest in USD or EUR. However, if you want a pure yield and can tolerate foreign exchange rate risks, USD bonds are more attractive today. When it comes to stocks, USD equities provide stable and liquid markets. If you want valuation potential and diversification, then euro equities have become more attractive this year. When it comes to carry-trade strategies, the USD remains more lucrative than the euro, but on paper, traders and investors should evaluate all the risks and costs before investing in any currency.
In the end, Canadians who have CAD for their daily costs should be careful when trying to get exposure to other markets. US bonds, US stocks, US carry-trade, and EU stocks remain attractive choices for experienced investors.
Features
Why Reading Online Reviews Matters Before Making a Purchase
People usually pause before purchasing to read reviews from other customers. It’s become part of everyday online life, a quick way to see how something really performs before making a decision. According to the Pew Research Center, most internet users read reviews to get a better idea of what they’re buying. The feedback from actual users becomes more reliable than marketing statements because it comes from everyday consumers instead of sales-oriented corporate messages.
Reading reviews also helps spot patterns. If the same comment, good or bad, appears again and again, it usually means there’s truth to it. People now use this collective feedback as their main method to evaluate online products and services for quality and reliability.
When There Are Too Many Options, Reviews Narrow the Field
Shopping online can be overwhelming and a bit of an adventure. There are always more options than anyone needs, hundreds of gadgets, countless household tools, endless entertainment subscriptions. All listings present themselves as excellent value propositions with operational excellence, yet it remains a bit of a challenge when it comes to verifying which ones deliver actual results.
Reviews become useful at this point. Real users provide information about product details, which marketing content fails to show, by sharing their experiences about delivery speed and setup ease and product durability after several months of use. The product details show its operational behavior when used in regular business activities.
Users tend to begin with reviews. For instance, a tech product might have amazing packaging but fall short on battery life or integration. Maybe a new game or casino platform might sound promising, and reviews on trusted choices can confirm whether it includes flexible payment options, a wide content library, and responsive support. When feedback keeps mentioning strong points like clear instructions or helpful customer service, it shows consistency. The product or service delivers its expected results because customers have personally seen its performance.
Reviews Build Faith Through Shared Experience
Reviews gain their strength from the emotional bonds which readers find with each other. Reading about someone else’s experience feels familiar, even if you don’t know them. It’s basic word-of-mouth marketing, like receiving recommendations from a neighbor who has already purchased the item you are considering.
This shared experience has built an informal community of online voices. People rely less on what a brand claims and more on what other users notice. When different reviewers mention similar strengths or small frustrations, it adds authenticity. The story becomes more believable.
Reviews show what other users have experienced, but they do not offer any guidance about what to do. This type of his collective info turns into an important part of how people build trust online. It’s a small thing, but it makes a big difference in how confident we feel about the choices we make.
Balanced Feedback Feels More Honest
A perfect score does not prove that something lacks any imperfections. A combination of positive and less-than-perfect feedback creates a more authentic impression. Small complaints about packaging or delivery delays make glowing reviews sound real. A recent study showed that participants answered honestly instead of trying to make their responses attractive to others.
Most readers know that nothing works flawlessly all the time. People look for reviews which provide both positive and negative aspects because they want to find balanced opinions. Customers can establish realistic purchase expectations through combined information which they can apply before buying. Review systems maintain their value because reviewers maintain honesty in their assessments.
Why Recency and Volume Matter
The best reviews and product ratings are the ones written recently. They reflect how a product or service performs right now, not how it worked a year ago. Things change, materials, delivery services, and even the way companies handle support.
A steady flow of new reviews suggests consistency. When lots of people share their experiences over time, patterns appear. Those patterns tell readers what’s typical, not just what’s possible. It’s the difference between one person’s lucky experience and a reliable average that others can count on.
Quantity matters too. Ten balanced reviews from this month will usually tell more than a single five-star comment from last summer. Together, recency and volume create a clear picture of reliability and quality without relying on assumptions.
Recognising Genuine Reviews
Not every review online is authentic, real, and written by a consumer. Some are written by automated accounts or people hired to post positive comments. Real feedback tends to sound natural and personal. It might mention something specific like the texture of a fabric, how easy the setup was, or whether support staff replied quickly.
Authentic reviews vary in tone and detail. Some are short, others long, some are full of small observations. That mix of styles feels human. On the other hand, copied or fake reviews usually repeat the same phrases or sound overly polished.
Many websites now try to identify and label suspicious posts, but readers can also help by paying attention to repetition, timing, and tone. A quick scan across different platforms usually reveals what’s genuine and what’s not.
Reading Smarter in the Online Marketplace
Reviews have become a solid foundation for how people make decisions online. They give an honest view of how something performs beyond what’s written on the label. Every comment, short or long, adds another piece to the puzzle.
More than that, reviews show how businesses handle problems, how quickly they respond, and whether they follow through on promises. They offer accountability in a world where shoppers and sellers rarely meet face to face.
Reading a handful of reviews won’t guarantee a perfect experience, but it provides helpful context. It shows what’s typical and helps people make choices with more confidence. In an online world full of noise, reviews remain one of the easiest and most reliable ways to learn from others.