Pope Francis surprised reporters on a flight from Krakow to the Vatican late Sunday when he blamed the "god of money" for extremist violence in Europe and the Middle East, saying that a ruthless global economy leads disenfranchised people to violence. [...]
A stress test conducted a few days ago by the European Banking Authority confirmed a poor condition of many credit institutions in Europe. Italian banks and Germany’s Deutsche Bank are doing the worst. In recent months, Deutsche Bank shares have lost 25% of their value, French bank Société 23% [...]
Despite the abundance of scientific studies documenting the rapid and dangerous decline of pollinator populations, state and federal lawmakers have yet to pass any meaningful protections for bees.The reason, according to the findings of a new investigation, is that pesticide giants such as Bayer, Monsanto, and Syngenta have deployed an aggressive lobbying campaign to dilute and suppress attempts t [...]
Turning their backs on climate science and the consensus of governments and civil society across the globe, the world's biggest banks are dangerously advancing the climate crisis by pumping hundreds of billions of dollars into the world's most polluting fossil fuel industries, according to a new report published Tuesday. [...]
Siberian scientists have created an artificial heart they claim will be up to five times cheaper than its western alternatives. Doctors hope to test the first implants on animals this autumn.
The new artificial heart design created by a team of cardiologists from the Novosibirsk State Research Institute of Circulation Pathology was unveiled at a medical forum in Novosibirsk on Thursday. [...]
Over the past 10 years US companies have invested $5.8 billion in commercial real estate in Russia, the biggest among other foreign investors, according to consulting company Knight Frank.
Overall foreign investments to Russian commercial real estate over the past 10 years have reached $15.9 billion. US companies account for 36.5 percent of the total sum. [...]
Addressing International Media Forum "New Era of Journalism: Farewell to Mainstream", Julian Assange said that about 80 percent of the US National Security Agency budget is privatized. He also said that Google is engaged with the US White House and Hillary Clinton's elections campaign. Google has power to control information flow, he added. [...]
The Central Bank of Russia became the world's leading purchaser of gold when it bought 356,000 ounces of the precious metal in February, according to the International Monetary Fund (IMF).
China took second place; its Central Bank purchased about 320,000 ounces of gold in February, according [...]
Chile’s main solar power plants are supplying so much electricity that they have to give it away for free or face prices going down. The glut has been driven by the country’s booming copper industry.
Chile’s growing energy demand has prompted the development of 29 solar farms to supply the central grid. [...]
Legal double standards are the norm in the U.S. – no jail for law-flouting Wall Street bankers but mass incarceration for average citizens, especially minorities, who get caught up in the prison-industrial-complex, as Michael Brenner describes.
Illicit financial behavior has been decriminalized in the United States – for all practical purposes. [...]
In what supporters described as "a victory for accountability for corporate crimes," a U.S. judge ruled in favor of allowing Colombians to sue former Chiquita Brand International executives for the company's funding of a paramilitary group that murdered plaintiffs' family members. [...]
The average tuition rate for a four-year college in the US is $38,600, and even more for a graduate degree. As a result, students often finish university hundreds of thousands of dollars in debt. These grueling statistics have forced some students to seek out unique ways to pay their bills.
One such student, Candice Kashani, who was facing an annual $50,000 in tuition and expenses, decided to j [...]
More information is needed for an open discussion on the most important issues of the Transatlantic Trade and Investment Partnership (TTIP), which has only been discussed behind closed doors, said Petter Slaatrem Titland, activist and chair at Attac, Norway.
A leaked exchange of testy e-mails between US and EU officials shows signs of growing disagreements, with the two sides locked in secreti [...]
It is the first commercially operated high-speed magnetic levitation line in the world and only the third Maglev line to be operated. The train line was designed to connect Shanghai Pudong International Airport and the outskirts of central Pudong where passengers could interchange to the Shanghai Metro to continue their trip to the city center.
Construction of the line began in 1 March 2001, an [...]
Federal officials have threatened to shut down the Washington, DC Metrorail over myriad safety issues, such as electrical fires. While Metro plans a year-long “safety surge” of repairs and calls for dedicated funding, area residents are bracing for pain. [...]
India's defense minister expressed that India is not interested in acquiring US F-16 fighter aircraft despite aggressive lobbying by Lockheed Martin.
In what can be seen as a sharp denial to the US, India has dismissed a proposal made by Lockheed Martin Corp to build F-16 fighter jets in India. [...]
French Energy Minister Segolene Royal said she is examining legal means to ban the import of shale gas from the United States.
According to media reports, she told lawmakers in the National Assembly that France should prohibit fracked gas imports within its borders due to a ban on hydraulic fracking introduced for environmental reasons. [...]
Small things can make all the difference, but so can $3.32 trillion – the amount required by the American Society of Civil Engineers to rectify the US’ major infrastructure weaknesses. Even worse, ignoring the problem will only make it more expensive.
The American Society of Civil Engineers (ASCE) has released a study and an estimate revealing how expensive and expansive the crumbling infr [...]
The German newspaper Bild has raised questions as to how Turkish President Recep Tayyip Erdogan’s children amassed their vast wealth, including one fortune worth tens of millions, when their father only earns some €50 thousand a year as head of state. [...]