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Average cost of prescription drugs doubled in 7 years – AARP
The cost of a year’s worth of prescription drugs, on average, doubled from 2006 to 2013, according to a new report by AARP. The price hikes are hitting senior citizens the hardest because Social Security benefits aren’t keeping up. The average annual cost of prescription drugs widely used by the elderly increased from $5,571 in 2006 to $11,341 in 2013, according to the latest study on drug [...]
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Sanctions Test: Can the West’s Bankers Resist Russia’s $3Bln Bond Issue?
If western banks respond to Russia's bond offering, which will become an additional source of revenue for its economy, it will be a fatal signal for the West and a political fiasco for the US and EU, according to western media. Russia has announced plans to issue sovereign bonds worth $3 billion and has invited European, Chinese and US banks to bid for the issue. [...]
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In War and Peace: Five Corporations That Changed the World
Presented below are five global corporations that are at the forefront of serving their countries in times of war and peace. BOEING The American corporation Boeing is one of the largest international industrial groups, specializing in the production of aviation, space and defense technology. The corporation was founded in the early twentieth century by William Boeing. [...]
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Mega Sale: Russian Cutting-Edge Fighter Jets Going Global
Many Middle Eastern countries have repeatedly expressed their desire to purchase large shipments of Russian T-90 tanks. If not a direct opposition from Washington, this machine possibly would have become indispensable in Arab East and in Iran. [...]
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Obama to propose new oil tax to fund $300 billion in transportation spending
A new White House plan to combat climate change and update transportation systems would impose a fee of $10 per barrel of oil to fund $300 billion in spending over the next decade. President Barack Obama is expected to make his case to Congress next week. Promoting a “21st century clean transportation system,” the Obama administration unveiled its transportation budget Thursday, first to [...]
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‘Pharma bro’ Martin Shkreli keeps mum at House hearing, calls Congress ‘imbeciles’
Pharmaceutical CEO Martin Shkreli ‒ the “most hated man in America,” who raised the price of an HIV treatment 5,500 percent ‒ remained silent during a congressional hearing on prescription drug prices. He later tweeted that politicians were “imbeciles.” Summoned before the House Oversight and Government Reform Committee to give testimony on his former company’s recent increases in [...]
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Professor Who Exposed Flint Crisis Says Greed Has Killed Public Science
"Academic research and scientists in this country are no longer deserving of the public trust," declared Marc Edwards, the Virginia Tech civil engineering professor who helped expose the Flint water crisis. In an interview published in the Chronicle of Higher Education on Tuesday, [...]
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Warren Releases Rigged Justice Report Detailing Lax Corporate Crime Enforcement – Corporate Crime Reporter
Senator Elizabeth Warren (D-Massachusetts) released a report titled Rigged Justice: How Weak Enforcement Lets Corporate Offenders Off Easy. The report, the first in an annual series on enforcement, highlights 20 of the most egregious civil and criminal [...]
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9 Ways to Stop Cooperating with the Ruling Elite’s Control System
People ask what can be done about the elite control system. The answer lies with taking concrete steps toward understanding where the control truly is. Done sneakily, or under the illusion of democracy, in recent times more oppressive laws have been made than ever before. Between us being subjected to more and more ordinances, rules, restrictions and outright laws then demonizing our dissension [...]
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Goldman Sachs executive takes ‘personal leave’ amid Malaysian fund corruption probes
Tim Leissner, chairman of Goldman Sachs Southeast Asia’s operations, has taken a “personal leave” amidst corruption scandals associated with Malaysia’s state-owned 1MDB fund, with which Goldman worked closely. [...]
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Flint Residents Could See Children Taken For Not Paying Toxic Water Bills
After endangering -- and knowingly harming -- residents in Flint, Michigan, the government is reportedly threatening to take the children of those who opt not to pay to have the toxic water pumped into their homes. According to Michigan law, parents are considered to be neglectful if they do not have running water in their home, so if they do not pay for Flint’s poisonous water, they could be [...]
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Russian-Iranian Simplified Visa Agreement Takes Effect February 6
Police said 11,000 people have gathered in the Moldovan capital on Sunday for anti-government protests, disputing organizers' estimates of 100,000 demonstrators. CHISINAU (Sputnik) – Supporters of center-right and left-wing parties took to the streets to voice opposition to the appointment of a new prime minister and to call for snap elections. [...]
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Obama’s SOTU Push for TPP — a “Death Sentence” |  Accuracy.Org
The Hill reports in “Obama, Democrats at odds before State of the Union address” that “a group of House Democrats on Monday held a press conference introducing the State of the Union … by condemning the TPP, a mammoth trade deal among 12 Pacific Rim countries that would encompass as much as 40 percent of the world’s economy.” [...]
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Single Dose of Russian Ebola Vaccination to Cost $160
The price may vary depending on the exchange rate of the national currency. The cost of a single dose of the Russian vaccine against the Ebola virus is approximately $160, the director of the Gamaleya Research Institute of Epidemiology and Microbiology said Friday. [...]
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Hate of the Union: the TPP is an Offense to the People
Lawyers and lobbyists for giant multinational corporations have been working up the TPP and promoting it for nearly a decade. The measure would join the United States along with 11 other nations along the Pacific Rim (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam) in a “free-trade zone” [...]
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Chinese to buy Hollywood film studio for $3.5bn
China’s Wanda Group announced on Tuesday it will buy Hollywood film studio Legendary Entertainment. The studio produced the Dark Knight Batman trilogy, ‘Inception’ and ‘Interstellar’, and has grossed more than $12 billion worldwide at the box office. [...]
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De-Dollarization: Russia’s Oil Benchmark Futures to Be Priced in Rubles
Step-by-step Russia, China and other emerging economies are taking measures to reduce their dependence on the US dollar, F. William Engdahl notes, referring to Russia's crude oil benchmark initiative; the move could deal a dramatic blow to the "petrodollar's" dominance. [...]
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NYPD: Big Apple Geniuses, How to Resist Funding the Military Industrial Complex
Abby Martin Breaks the Set on the NYPD's iPhone Campaign, Resisting the War Tax, Injustice for Torture Victims, and a Former Marine's Views on Empire. On this episode of Breaking the Set, Abby Martin remarks on the NYPD's recent efforts in promoting the Apple iPhone's new security features, even though phone hackers can easily override the phones new fingerprint scanner. Abby then talks to Ed H [...]
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‘No GMO Soup for You’? Consumer Victory as Campbell Announces New Labels
Campbell Soup's announcement that it will become the first U.S. company to begin labeling genetically modified organisms (GMOs) in its products garnered accolades on Friday from food and safety groups, who heralded the development as a "significant win" for transparency. "The decision by Campbell’s sends a clear message to Monsanto and the Grocery Manufacturers Association which have spent hu [...]
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