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Black Monday: Wall Street plummets 1000 points at opening bell
At the opening bell on Wall Street the Dow Jones Industrial Average plummeted as much as 1,000 points in the first minutes of trading. Later it corrected to 485 points down or around three percent. The Nasdaq dropped eight percent at the start of trading, but is now down three percent. The S&P 500 had initially sunk five percent and is now down three percent. [...]
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“Nobody will help us evacuate:” Americans urge Washington to help flee Yemen war
As the Saudi-led airstrikes in Yemen continue and the fighting on the ground intensifies, US citizens stuck in Yemen have lashed out at Washington for ignoring their pleas for help as they try to leave the war-torn country. Aerial bombardment and street battles have become a daily reality for people in Yemen. “We hear a few bombings a day. It’s very scary right now,” Arwa Al-Iraine, a US [...]
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NSA spied on German Chancellors for 10 yrs, tapped 125 govt phone numbers – WikiLeaks
America,s National Security Agency has spied on German chancellors and their offices for more than 10 years, a new WikiLeaks report says. The three leaked NSA intercepts indicate that the US targeted 125 phone numbers of top German officials. The National Security Agency’s (NSA) intercepts published on Wednesday show that Washington has been tapping the phones of the political offices of the [...]
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36,000 troops, 200 aircraft & 60 vessels: NATO launches biggest war games in 13 years
NATO has started its biggest exercise since 2002 with 36,000 international troops from 30 states, including non-NATO nations, participating in the drills which are taking place at sea, in the air and across the territory of three European states. The alliance has kicked off its massive “Trident Juncture 2015” exercises which will last until November 16. [...]
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Frankfurt begins first European direct settlements in Chinese yuan
European companies now have the opportunity to settle trading accounts in Chinese yuan. The Bank of China in Frankfurt has become the first to operate European yuan clearing. Trading costs will be cut as there will be no dollar exchange first. More than 10 German regional and international banks including Deutsche Bank, Commerzbank, DZ Bank AG, and Landesbank Hessen-Thueringen Girozentrale, hav [...]
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Politics, “hypocrisy” cost US global economic leadership: ex-Treasury chief
The US may no longer be in control of the global economy, warned former Treasury Secretary Lawrence Summers, urging Washington to regain dominance by honoring commitments and stopping its own hypocrisy. China’s establishment of the Asian Infrastructure Investment Bank (AIIB), and Washington’s failure to stop its traditional allies from joining, was a development without precedent since the [...]
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Ukraine army shelling: ‘Naïve to think Poroshenko does it on his own’
The US has bought the Kiev government, trained its troops and has been sending equipment to Ukraine, said Daniel McAdams, executive director of the Ron Paul Institute.It would be naïve to assume that the US has backed off on the situation. At least one civilian has been killed in the shelling of Donetsk which is an apparent violation of the ceasefire reached under the Minsk agreement. [...]
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Russia, China against imposing will over sovereign states & attempts to rewrite history
Rewriting history shatters the pillars of the world order perpetuated by the UN Charter, Russia's foreign minister said in an article published in Russian and Chinese media. The world's fate cannot be held in the hands of just one state, he added. [...]
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BRICS countries should challenge American IT monopoly – Russian minister
BRICS states should support their IT-companies and open their markets to each other in order to challenge the US monopoly in the sphere, Russia’s minister of Communications and Mass Media said at the first meeting of the BRICS Communications Ministers. [...]
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House passes Pentagon spending bill
The US House has approved a $612-billion measure to fund the military. The Obama administration and many Democrats opposed the defense policy bill for its alleged budgeting "gimmicks," as well as its provisions for arming Ukrainian forces. The House of Representatives passed the National Defense Authorization Act (NDAA) for fiscal year 2016 by a vote of 269 to 151. [...]
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Radiation spikes after wildfire in Chernobyl exclusion zone
Ukrainian nuclear inspectors have measured a significant increase in radiation in the Chernobyl exclusion zone caused by heavy wildfires raging in close proximity to the crippled nuclear power station. Air near the desolated settlement of Polesskoye in the Chernobyl zone is contaminated with the radioactive element cesium-137. [...]
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“Was there a 2nd plane?” New footage shows MH17 crash site minutes after Boeing downing
News Corp Australia has obtained a previously unknown video allegedly taken minutes after Malaysian Airlines flight MH17 was downed in Ukraine exactly one year ago. The voices cited by the transcript of the full footage claim a warplane shot down the Boeing. The four-minute clip posted by News Corp Australia is an extract from what is claimed to be a longer 17-minute video, which allegedly depi [...]
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“Bigger role” for US in Minsk II accords: Are you sure, Ms. Nuland?
One year into the Ukrainian crisis, Washington reveals a desire to jump on the bandwagon of the Minsk peace accords - brokered by France and Germany. Not bad news, after all, but when it comes from Victoria Nuland... News that US Secretary of State John Kerry flew to Sochi to meet with Russian Foreign Minister Lavrov and President Putin came as only a small surprise this week. [...]
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Undiplomatic power | CrossTalk
How should we assess the behavior of Samantha Power, Washington’s top diplomat at the United Nations? Called by some a “foremost scholar on genocide,” Power is quick to back the use of military power in the service of so-called humanitarian goals. She is also fond of using the word ‘outrage’ – what does this tell us about her? CrossTalking with Daniel McAdams, Scott Rickard, and Patri [...]
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BRICS Development Bank won’t rival China-led AIIB, but complement – CBR head
The BRICS New Development Bank and the Asian Infrastructure Investment Bank (AIIB), both seen as alternatives to US – led institutions, will not compete, but rather complement each other, said the head of the Central Bank of Russia Elvira Nabiullina. Nabiullina made the statement Thursday in Washington where she is attending the spring meetings of the International Monetary Fund and World Ban [...]
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50,000 casualties in Ukraine: German intel says “official figures not credible”
The German intelligence service estimates the real losses in the Ukrainian civil war at 50,000 dead (civilians and servicemen), which is nearly 10 times higher than reported by the Kiev authorities, German media report. The information comes from a source in German intelligence, who spoke to the Frankfurter Allgemeine Sonntagszeitung (FAZ) newspaper. [...]
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Russia unimpressed with NATO’s “We are the War” performance
Let's consider for a moment what the response would be from Washington if Russia announced the start of international war games near American borders. Impossible you say? Yet that is almost exactly what the Pentagon has announced near Russia. “The Russian Ministry of Defense has announced that over 350 Russian soldiers and 80 armored vehicles with Air Force cover will begin a 300-mile march a [...]
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US to make ‘condolence payments’ to compensate Kunduz hospital bombing victims’ families – Pentagon
The US Department of Defense will work on compensating the families of the victims killed in a deadly American airstrike on a Doctors Without Borders (Medecins Sans Frontieres, MSF) hospital in Kunduz, Afghanistan. The strike “mistakenly” killed 22 [...]
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Devolution: Whose victory march?
The British establishment is breathing a collective sigh of relief. The people of Scotland have chosen Westminster rule over political sovereignty, and the Union remains intact. Scotland’s pro-independence campaigners, bent on separatism and self-determination, claimed they had the momentum to realize an independent Scottish state. But they were mistaken. [...]
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