Transparent effort to demonize sound money and gold standard. A video purportedly released by Al Hayat, said to be the Islamic State’s media center, extols the gold standard and Austrian economics. Video has been removed! The video, featuring a perfect English voice over, denounces the Federal Reserve: …as history repeated itself, one of the great forms of corruption that the earth cam [...]

As stock markets continue their slide into negative territory, economists debate whether the problems lie in monetary mismanagement by the US Federal Reserve or with China’s domestic concerns “exporting pain” to others via its yuan devaluation. Speaking to RT, economist Peter Schiff of Euro Pacific Capital Inc. said that there is a lot of “scapegoating” surrounding China and the yua [...]

The Russian city of Zhukovsky in the Moscow region is hosting one of the world's biggest air shows - MAKS 2015. Major aircraft manufacturers, including Airbus and Boeing are attending with billion dollar deals on the line. Airbus' Vice President for Europe, Asia and the Pacific, Chris Buckley is speaking on the importance of cooperation with Russia despite sanctions. [...]

Bulgaria will stage military drills near the Macedonian border as a "preventative" measure, the nation's defense ministry says. It comes as the country's neighbors face an influx of migrants trying to make their way to the EU's borderless Schengen zone. "The situation in the neighboring states of Macedonia, Greece and Serbia is quite complicated and we have to react preventively," Defense Minis [...]

There is much the ancient world can still teach us, and one of the key lessons today is that mass migration - motivated by war, societal collapse, and poverty - is capable of destroying even the mightiest of empires. At the height of its power, the Roman Empire was so vast and omnipotent that it was run on the basis of the dictum: "Roma locuta est. Causa finita est" (Rome has spoken. The cause [...]

Nearly one in every hundred people on Earth today has been forced to flee their home in search of safety elsewhere. The vast majority are running from entirely man-made disasters that have unfolded under the watch of an increasingly lethargic UN Security Council. According to the UN’s own High Commissioner for Refugees nearly ten million people have been displaced by the conflict in Syria, wh [...]

In the latest atrocity in Yemen, Saudi warplanes bombed a residential area, killing at least 65 people. Most of the victims are reported to be civilians from the Salah district of Taiz, Yemen's third largest city. The apparent war crime committed has tragically become an almost daily occurrence during five months of relentless aerial bombardment of Yemen by a Western-backed coalition of foreign [...]

Parliament should not vote on military action against Islamic State (formerly ISIS/ISIL) in Syria until the Chilcot Inquiry’s report into the 2003 invasion of Iraq has been published, a senior Tory MP has warned David Cameron. David Davis MP, a vocal opponent of intervention, said the report should be published urgently in light of calls for extending airstrikes from Iraq into Syria. [...]

Amnesty International has slammed Saudi Arabia in a report for its flagrant use of the death penalty, which has seen 175 people executed in the space of 12 months, while adding that a number of crimes did not warrant the use of capital punishment. The report entitled ‘Killing in the Name of Justice: The Death Penalty in Saudi Arabia’ stated that between August 2014 and June 2015, at least [...]

Boeing says it intends to cut "several hundred" jobs due to a decline in US military spending and delays in the number of satellite orders. The move is being blamed over uncertainties regarding future funding from the US Export-Import Bank. The layoffs are set to be implemented by early 2016, according to Reuters, which cited an internal memo within the company. [...]

A petition calling on the UK government to arrest Israeli PM Benjamin Netanyahu for war crimes in Gaza when he arrives in London has garnered more than 80,000 signatures. But David Cameron's government says no way: Netanyahu has diplomatic immunity. The petition, posted on the UK government’s website, has already been signed by some 81,000 Brits. [...]

The US Air Force said its F-22 Raptor stealth fighters will be sent to Europe to show “commitment to the security and stability” of its allies. The Air Force Secretary tied the move to the US’ “approach to Russia,” linking it to the crisis in Ukraine. The deployment, slated to occur “very soon,” was described as part of the “European Reassurance Initiative,” Air Force Secretar [...]

Russia has unveiled a full-size prototype of its lightweight, amphibious Chirok, capable of manned and unmanned flight, at the MAKS-2015 air show near Moscow. Able to take off and land most anywhere, the air-cushioned aircraft is much in demand. The aircraft is made of carbon fiber composite material, with a wingspan of 10 meters and maximum takeoff weight of 750 kilograms. [...]

Washington's refusal to declassify documents that could inform the UK probe into the 2003 invasion of Iraq is a major scandal in London. Yet the State Department spokesman says he has never heard of the Chilcot Inquiry. Convened in 2009, the British probe into the Iraq War was named after its chairman, Sir John Chilcot. [...]

The mainstream media retains a minuscule attention span which leaves fruit flies resembling long-term thinkers. Thus suddenly misplaced optimism lazily received via an economically illiterate Western political caste, has declared it’s a crash, a meltdown! “Black Monday!” Now, this is pretty ugly and of course in a world where the economy involves 7.3 billion people and an economy worth ci [...]

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. [...]

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. [...]

American benchmark WTI crude briefly slipped below $40 per barrel for the first time since 2009, showing an eighth straight weekly decline , the longest streak in almost 30 years. During the intraday trading in New York, the benchmark WTI crude price dropped as low as $39.86 per barrel before settling at $40.45 – some 2.1% drop in one day. [...]

The Dow Jones industrial average suffered its worst loss in five years after the market plunged into a correction on Friday. Stock markets around the world lost value amid concerns over the global economy. The Dow plunged nearly 531 points ‒ 3.1 percent ‒ to close the day at 16,459.75. [...]