'The Big Short' exposes and attempts to deconstruct the subprime mortgage collapse and disaster of 2008. Wait until Hollywood hears about derivatives! 'The Big Short' opens nationwide on December 23 and as Variety notes, it details the “sprawling account of the byzantine financial instruments that brought global commerce to its knees.” [...]

Amid the nation’s terrorism fears, President Barack Obama's approval rating has plummeted to nearly a record low. It now stands at 43 percent, as seven in 10 Americans believe the country is headed in the wrong direction, according to a recent poll. [...]

US Secretary of State John Kerry is in Russia at the request of the White House, with ending the Syrian conflict and countering terrorism dominating the agenda. The top US diplomat is also to hold a meeting with Vladimir Putin in the Kremlin. [...]

Hillary Clinton has extended her lead in the race for the White House, beating Bernie Sanders in the latest NBC/Wall Street Journal poll by 30 points in the battle for Democrat contender. But it's her email account that's making headlines here in the UK. Specifically, emails from George W. Bush's secretary of state Colin Powell ahead of Britain joining the American war on Iraq. [...]

As the war in Syria and Iraq drags on, and violence in Afghanistan continues, the War on Terror seems to be lost. Will the US rethink its strategy? Will Washington have enough courage to admit mistakes and learn lessons? Will other countries - including Russia and Iran - be able to overcome their differences and unite in the face of terror? We ask CIA veteran, former National Intelligence Officer [...]

Robert Baer just made an incredibly important admission that for me comes way too late, but still it’s good to know. The former CIA officer admits he was given millions of dollars which he used successfully to bribe politicians in Yugoslavia to betray their country’s interest. Robert Baer describes how the US brought democracy to Yugoslavia by destroying it. [...]

Turkey’s two neighbors and historical adversaries Greece and Bulgaria have witnessed sporadic protests denouncing Ankara’s remorseless in the shooting down of the Russian Su-24 plane, as well as NATO warmongering in general. Several dozen [...]

The FSB, SVR and GRU in Russia, while drawing all the right connections, cannot help but conclude that Washington is letting Cold War 2.0 escalate to the boiling point. Imagine Russian intel surveying the geopolitical chessboard. A Russian passenger jet is bombed by an affiliate of ISIS/ISIL/Daesh. [...]

Patrick Schmidt was unemployed and living in California when he bought an old school bus for $4,500 in March. He drove it to Vegas where he and his father renovated it into a home on wheels. They spent $9,000 to turn the bus into a house, before Patrick took it for a spin all the way to Florida, traveling through 30 states. [...]

The Ukrainian economy is set to contract 12 percent this year, while inflation is forecast to reach 50.8 percent, according to the World Bank. The main reasons for the slowing economy and rising inflation are the military conflict in Eastern Ukraine and a fall in trade with Russia. [...]

Turkey’s president has blamed the downing of the Russian Sukhoi bomber on the pilots, who were “negligent and did not heed the warnings,” adding the incident should not affect strategic relations between the two nations. “We wouldn’t have wanted to come across such a [situation], but looking from another perspective, a mistake has been made in our sovereign area. [...]

As the leader of the international coalition against Islamic State, the US failed to ensure the implementation by its Turkish allies of the Syria air safety agreement, which was signed between Moscow and Washington, the Russian Foreign Ministry says. [...]

Ankara and Washington contravened the UN resolution on financing terrorism by failing to inform the Security Council about Islamic State illegally trafficking stolen oil, Russia’s UN envoy has said. “We’ve got serious complaints about [...]

Warplanes of the Russian task force in Syria deliver 30 to 40 airstrikes daily in support of the Free Syrian Army, the General Staff reports. Some 5,000 FSA troops together with the Syrian Army are on the offensive in Hama, Homs, Aleppo and Raqqa provinces. [...]

A Russian missile cruiser and a coast guard powerboat had to intervene after a merchant vessel flying the Turkish flag blocked a convoy transporting two drill platforms to a new location in Moscow's territorial waters. The decision to relocate them closer to Crimea was caused by the complicated international situation, according to a press release from the Russian Chernomorneftegaz state compan [...]

It was certainly not because the SU-24 posed any threat. The plane is old and slow, and the Russians were careful not to arm it with anti-aircraft missiles. And it wasn’t because the Turks are quick on the trigger, either. Three years ago, Turkish President Recep Tayyip Erdogan emphatically declared that a “short-term violation of airspace can never be a pretext for an attack.” There are [...]

The charade of the 21st United Nations climate summit will end, as past climate summits have ended, with lofty rhetoric and ineffectual cosmetic reforms. Since the first summit more than 20 years ago, carbon dioxide emissions have soared. Placing faith in our political and economic elites, who have mastered the arts of duplicity and propaganda on behalf of corporate power, is the triumph of h [...]

The global talks known as COP21 ended Saturday with nearly 200 countries agreeing to a carbon emissions-slashing deal (pdf).  But climate campaigners are saying that the agreement doesn't go far enough, and that the real work is just beginning. [...]

With Russia itching to fight after one of its jets was shot down by Turkey, we assess why Putin's war tech might be better than many people believe. Vladimir Putin is not a man to back down from provocation, especially a direct, lethal provocation like the shooting down of a Russian Su-24 aircraft by Turkey on Tuesday. [...]

"Donald Trump's racism, nativism, and bigotry are as American as apple pie," says commentator. Much has been made of how Donald Trump's racist remarks on the 2016 presidential campaign trail are "un-American," outlandish, and—incredibly to some—giving him a bump in the polls. [...]

After photographing the new, enormous and undoubtedly sinister building of the US embassy in Bishkek, capital of Kyrgyzstan, I was driven by a local left-wing politician towards the mountains. We agreed to have lunch; simple, good local food. In front of the restaurant, which my friend selected, was parked an indescribable monster: a white double-decker ‘extremely stretched’ limousine wi [...]

Syria will not negotiate with terrorists to end the conflict on their terms, no matter how hard the West tries to present armed gangs as grassroots political opposition, the country’s President Bashar Assad told Spanish News Agency EFE. The problem, Assad says, lies with the fact that large portion of armed fighters and terror gangs in Syria are foreign mercenaries, which the US and their all [...]