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Hang Onto Your Wallets: Negative Interest, the War on Cash, and the $10 Trillion Bail-in
Remember those old ads showing a senior couple lounging on a warm beach, captioned “Let your money work for you”? Or the scene in Mary Poppins where young Michael is being advised to put his tuppence in the bank, so that it can compound into “all manner of private enterprise,” including “bonds, chattels, dividends, shares, shipyards, amalgamations . . . .”? [...]
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People Click on Stories About Paris But Not Beirut? It’s More Than Geography and Apathy.
I’m seeing some push-back from journalists over criticism that Paris was covered more than Beirut. Places like Beirut are covered, journalists respond, but people just aren’t as interested in those stories (it’s about “proximity”). Yes, if we count clicks and views, I’m sure Paris gets more interest. But much of the push-back ignores the totality of international coverage — in [...]
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Heat Building on Exxon as Multiple Probes Explore Climate Cover-Up
As the world gets hotter, climate activists are turning up the heat on ExxonMobil, the big oil giant they say bears responsibility not only for the ever-worsening climate crisis, but for perpetuating the "most consequential lie in human history." Amid a growing push for the corporation to be held accountable for its climate crimes, a coalition of activists was in Washington, D.C. on Thursday t [...]
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Energy Revolution Is Possible… And It Would Only Take 782 Rich People To Pay For It
The personal fortunes of just 782 of the world's wealthiest people could power half the world—Africa, Latin America, and "most of Asia"—with 100 percent renewable energy within 15 years, according to a new report to be published Monday. Broken down by continent, it would take the wealth of just 53 rich people to power all of Africa, and a mere 32 prosperous people could plug in the vast majori [...]
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ISIL and the West: A Clash of Savageries
It is all deja vu; a repeat of the post-9/11 scenario that led to the bombing of Afghanistan in 2001 and the invasion of Iraq in 2003. Both interventions wreaked havoc and destruction and unleashed gross violations of human rights in the name of a "war on terror." Once again, most Western governments are making use of the heart-wrenching scenes of loss and sorrow to serve this misguided war, which [...]
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Bombed Planes, Bombed Cities, Bombed Countries as Syria War Goes Global
A bombed passenger airliner that killed 224. Dramatic and deadly attacks against civilians in Paris, Beirut, Baghdad, and elsewhere that killed hundreds more. Escalating airstrikes by foreign fighter jets, drones, and cruise missiles against targets inside Iraq and Syria that are killing untold numbers of innocent people. [...]
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Aggressive Crackdown Spelling End of Europe’s Famous Open Borders
European ministers, gathered in Brussels on Friday one week after the Paris attacks, vowed to tighten external border controls, backing France's call for a fundamental revision of the so-called Schengen deal to allow the "systematic" controlling of EU citizens at borders. [...]
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No space for US without Russian rockets
The United States is continuing to buy Russian rocket engines which it once added to the list of sanctions, said Alexander Stadnik, Russia's trade representative to the US. The ban was lifted when the US realized its dependence on Russian rockets for its space program, according to him. [...]
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‘Despite refugee crisis, EU countries still afraid to say ‘fence’’
The Hungarian government has managed to solve the migration crisis for Hungary. Many other countries are following its example and building fences, says journalist and political commentator Mariann Ory. Concerns that European open border policies could come at the cost of its security have been brought sharply into focus following the Paris attacks. [...]
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500k+ homeless in US, numbers rise in New York, other big cities
About 565,000 people were homeless in the United States, according to a one-night federal survey. While this is a two percent drop from 2014, major cities like New York, Seattle and Los Angeles continue to battle rising homelessness. The US Department of Housing and Urban Development's 2015 Annual Homeless Assessment Report to Congress found that of the 565,000 homeless counted during a point [...]
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American media: Islamic State’s devoted public relations team
With every new manifestation of global terrorism, Western media outlets are dutifully serving as the mouthpiece for Islamic State, promoting its mad message and crazed claims without ever scrutinizing the group’s dubious origins. Ever since Russia opened its bombing campaign against Islamic State forces in Syria all hell has broken loose on the planet. [...]
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China buying Russian SU-35s ‘response’ to US moves in Asia
Russia is selling China high performance aircraft as an answer to America’s actions around Asia, Conn Hallinan from Foreign Policy in Focus, told RT. Beijing has signed a deal with Moscow for Sukhoi fighter jets. China will buy 24 cutting-edge SU-35s. China is the first foreign sale of the multipurpose aircraft. [...]
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Goldman Sachs advises to buy Russian ruble in 2016
The US investment bank predicts the ruble will be on the list of good performing currencies next year along with the US dollar and the Mexican peso, Bloomberg reports. Goldman Sachs recommends buying Russian and Mexican currencies over South Africa’s rand and Chile’s peso. [...]
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600 terrorists killed in Russian cruise missile strike in Syria – Defense Ministry
The Russian fleet in the Caspian Sea has launched 18 cruise missiles, hitting seven terrorist targets in Syria on Friday, Russian Defense Minster Sergey Shoigu has reported to President Vladimir Putin. “On November 20, the warships of the Caspian Fleet launched 18 cruise missiles at seven targets in the provinces of Raqqa, Idlib and Aleppo. All targets were hit successfully,” he said. [...]
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‘Shock… Awe’: The Aftermath of Paris
I’m sitting in the aftermath of Paris, feeling emotions tear me apart. One of the emotions is joy. My daughter, who lives there, is safe. Has “joy” ever felt so troubling? The aftermath of Paris seems likely to be intensified (“pitiless”) bombing raids in Syria, closed borders, heightened fear-based security and the deletion of “the gray zones of coexistence” across the planet. [...]
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Armed With Fear, Not Facts, Officials Go After Encryption in Wake of Paris
Echoing the post-9/11 era, intelligence officials and lawmakers are exploiting Friday's massacre to expand mass surveillance Despite no available evidence that terror suspects used encryption to plan the Paris attacks, U.S. intelligence officials and lawmakers are seizing on the massacre to demand access to protected communications—in what critics warn is a blatant attempt to exploit fear in [...]
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‘West can’t bear to see Islamic State defeated’
The West is stepping up this war on ISIS partly because it doesn’t want to lose credibility in the war on terror to Russia, political analyst Dan Glazebrook told RT. Francois Hollande claimed France is at war with terrorists as a NATO member. Can France now expect help from the bloc? [...]
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Russia: Savior of the decadent West?
As entire demographic segments across the West wake up to the fact that their governments are heavily influenced by outside interests, many are looking to Russia – and Putin in particular – to pull the fat out of the fire. But is this realistic? If you hear the same story enough times you end up thinking there is no other. [...]
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Russian warplanes disrupt ISIS oil sales channels; destroy 500 terrorist oil trucks in Syria
Around 500 fuel tanker vehicles transporting illegal oil from Syria to Iraq for processing have been destroyed by Russia’s Air Forces, the General Staff said. “In recent years, Islamic State (IS, formerly ISIS/ISIL) and other extremist groups have organized the operations of the so-called ‘pipeline on wheels’ on the territories they control,” Russian General Staff spokesman Colonel Ge [...]
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‘US governors’ ban on Syrian refugees – just political posturing’
The US is largely a country of immigrants. That is how this country was built, says US human and labor rights lawyer Dan Kovalik. It would be “un-American” and immoral not to take in more Syrian refugees, he adds. So far, 26 US governors, mostly Republicans, have announced they would block the acceptance of thousands of migrants into their states. [...]
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Russian economy stable, attracting investors – Medvedev
The Russian economy and the financial sector are quite stable despite falling oil prices, a weaker ruble and sanction’s pressure, said Russian Prime Minister Dmitry Medvedev at the Asia-Pacific Economic Cooperation (APEC) Summit on Wednesday.   [...]
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Russia hits 206 ISIS targets in Syria after confirming bomb downed passenger plane over Sinai
On the day Moscow officially confirmed a terrorist attack as the cause of last month’s downing of a passenger plane in Egypt, the Russian military hit over 200 terrorist targets in Syria in 127 sorties. The escalated Russian operation involved not only warplanes flying from an airfield near Latakia, but also strategic bombers operating from Russian territory. [...]
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