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Total US debt soars to nearly $60 trn, foreshadows new recession – The Global Elite
America – its government, businesses, and people – are nearly $60 trillion in debt, according to the latest economic data from the St. Louis Federal Reserve. And private debt – not government borrowing – is the biggest reason for the huge deficit. Total US debt at the end of the first quarter of 2014, on March 31 totaled almost $59.4 trillion – up nearly $500 billion from the end of t [...]
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Widening income gap in US “unsustainable” but unlikely to improve
The widening gap between America's richest and the middle and working classes is unsustainable and is unlikely to improve a survey released on Monday by the Harvard Business School has found. The study which is called “an economy doing half its job” said that while large American companies were showing signs of recovery and were maintaining their competitive edge on the world stage, many mi [...]
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Ukraine ceasefire holds for shaky peace to last
The ceasefire between the Ukrainian army and self-defense forces is "still shaky, but holds," the OSCE stated. The fighters are still skeptical of the peace process, but they are hoping for the war to end. “People who have never seen this think war is like TV. You watch and forget because there’s some entertainment show later. Here, everything is reality. Here, people are dying in front of [...]
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Airlines lose billions amid rumors of trans-Siberian flight blockade
Major airlines saw stock shares nosedive on Wednesday, after media reports said that Russia could block flights over Siberia. However, Russian Foreign Minister Sergey Lavrov said the reports are simply rumors. “I’m not an advocate of using the method of bans and creating real problems for passengers, ordinary citizens who have absolutely no connection to the actions of those who unleashed t [...]
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If new EU sanctions hit energy sector, Russia may close airspace – Medvedev
Prime Minister Dmitry Medvedev has warned Russia may shut its air corridors to Western airlines if the next round of European sanctions hit Russian energy companies. "If there are sanctions related to the energy sector, or further restrictions on Russia's financial sector, we will have to respond asymmetrically,” Medvedev said in an interview with the Vedomosti newspaper, published on Monday. [...]
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CIA torture far exceeded waterboarding, brought suspects ‘to the point of death’
The United States will soon release a long-awaited report detailing the findings of a Senate investigation into the CIA's use of enhanced interrogation techniques, and sources now say those tactics far exceeded what the world was led to believe. According to an article published on Sunday by the UK’s Telegraph, the American intelligence officers tasked with interrogating alleged Al-Qaeda memb [...]
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Moscow and Kiev have same approach to resolving Ukraine crisis – Lukashenko
Both Moscow and Kiev have similar thoughts on the resolution of the Ukraine crisis, Belarusian President Aleksandr Lukashenko revealed in an interview with Russian media following the talks between Russian and Ukraine authorities in Minsk. On August 26, Presidents Putin and Poroshenko shook hands in Minsk, paving way for the contact group on the crisis in Ukraine to start work. On Friday, the B [...]
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“Ukraine truce depends only on political will from both sides”
As the ceasefire in Ukraine gets off to a shaky start, the only way to rebuild the billions of dollars of damage in the nation's east is for the EU and Russia to work together, Lode Vanoust, former MP and deputy speaker of the Belgium parliament, told RT. First off, Kiev has now agreed to what appears to be a major concession, decentralization of power, which wasn’t even on the negotiating ta [...]
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Crisis in Ukraine is ‘all EU’s fault’ – France’s Marine Le Pen
Marine Le Pen, the leader of France's far-right National Front party, says the EU is to blame for the crisis in Ukraine as it forced the situation where Kiev had to choose between East and West. Now that France is joining sanctions against Russia over the alleged direct interference in the political crisis in Ukraine and Paris is considering suspending the €1.2 billion deal of two Mistral hel [...]
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Cameron, Queen voice concern: 51% of Scottish in favor of independence
The latest opinion poll put the pro-independence movement in the lead for the first time, with 51 percent voicing their support just 11 days before the referendum on the issue. Prime Minister Cameron and Queen Elizabeth II expressed their concern. The poll was conducted by YouGov and The Sunday Times. The two-point lead has a margin of error, but the chances of a vote in favor have significantl [...]
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Snowden”to get Swiss asylum if he testifies on NSA”
Switzerland has reportedly decided it will not extradite National Security Agency whistleblower Edward Snowden to the US if he comes to testify against the NSA's spying activities, Swiss media said. In the document, titled “What rules are to be followed if Edward Snowden is brought to Switzerland and then the United States makes an extradition request,” Switzerland’s Attorney General stat [...]
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Nuclear costs Britain a bomb? Cleanup bill reportedly spikes £6 billion
The cost of decommissioning Britain's nuclear sites, and particularly the Sellafield complex, has increased by billions of pounds with both regulators and the government being accused of incompetence by anti-nuclear campaigners and union leaders. The estimated cost of decommissioning the UK’s nuclear legacy over the next century has rocketed from £63.8 billion ($104.1 billion) two years ago [...]
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French protesters unite against govt’s suspension of Mistral delivery to Russia (PHOTOS, VIDEO)
Dozens of people gathered in the harbor of Saint-Nazaire in western France on Sunday to protest against the French government's decision to suspend the delivery of a Mistral warship to Russia. Some two hundred protesters gathered by the docked Vladivostok – the first of two Mistral-class helicopter carrier ships – holding banners that read, "Hollande wants to kill Saint-Nazaire. [...]
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UK to send NATO fences from Wales to France to deter immigrants
Britain has announced plans to erect a huge fence in the French port city of Calais. The steel fencing was previously used at a NATO summit. The move is part of the UK's campaign to deter illegal immigrants from entering the British Isles. Dubbed the "ring of steel," the barrier – which measures more than 12 miles long and nine feet high – was previously used at a NATO summit in South Wales [...]
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Wolfsangel in E. Ukraine: Foreign Policy talks to deputy leader of ‘pro-govt’ Azov Battalion
Foreign Policy magazine – Russia’s fierce critic – met with the leader of Azov Battalion, an irregular force assisting Kiev to cleanse eastern Ukraine of “terrorists.” The group boasts fierce tactics, “values far from European,” and Nazi-like attributes. Azov, which has an estimated personnel of 500 people, is one of about 50 volunteer battalions formed by Maidan activists and ult [...]
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Kiev Officials Sign Ceasefire Agreement With East Ukraine Rebels
Just two days after the President of Ukraine and Russia both expressed a desire to resolve the conflict in Ukraine peacefully, representatives from the two self-proclaimed republics in East Ukraine and Kiev’s government agreed to a ceasefire after meeting behind closed doors in Belarus. Interesting timing considering that on Wednesday, after his phone call with Poroshenko, President Putin p [...]
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Minsk ceasefire protocol: Ukraine to be decentralized, special status for Lugansk, Donetsk
The OSCE has revealed the 12-point roadmap behind the September 5 truce signed in Minsk. It says that Ukraine must adopt a new law, allowing for a special status for Lugansk and Donetsk regions, and hold early elections there. The document, titled ‘Protocol on the results of consultations of the Trilateral Contact Group’ and signed in Minsk on September 5, outlines what needs to be done for [...]
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Russian Navy sends flotilla to Arctic to start permanent service at military base
Six vessels fom the Russian North fleet have left their base in Severomorsk in the Barents Sea and set off for the New Siberian Islands, where a military base under reconstruction will start functioning later this year. “The major goal of the latest expedition of the North fleet ships to the Arctic is to deliver personnel, equipment and property of the North fleet’s tactical group, which st [...]
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Obama’s Ukraine Folly Comes Full Circle
"The mismatch between the realities on the ground and the nature of the president’s pronouncements reveals a president who is out of touch with reality." This has been one of the underlying themes of those who have argued from the beginning of this drama that the West doesn’t have a stake in Ukraine’s fate to even approach the stake of Russia, which has included Ukraine within its sphere [...]
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The Hitler Slur and Making New Enemies | Consortiumnews
A favorite tactic to get Americans and Europeans ready for another war is to liken some foreign “enemy” to Hitler, no matter how ill-fitting or absurd the comparison. But once the Hitler slur is slung all rational debate ends, as Danny Schechter explains. The ISIS gang makes great enemies. They dress in black, wear Halloween masks, wave flags, act viciously, and cut off the heads of journal [...]
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“Neither Russia, nor the West would give up Ukraine which is the real prize”
We are at the beginning of an epoch where at some point in the future there could be an open war between the advanced powers, and there is not much faith in the ceasefire in Ukraine, Samir Dathi, National Officer of the Stop the War Coalition, told RT. Ukraine's President is confident about a ceasefire - do you think he's right to be? [...]
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“Expansionism and destabilization”: Russia lashes out over NATO spearhead force in E. Europe
Moscow has accused NATO of using the Ukrainian crisis as a “pretext” to “push its military presence closer to Russia’s borders,” and says that plans for a new rapid response force will sabotage the peace process in eastern Ukraine. “The [expansion] plans have been harbored by NATO for a long time, and recent events have served as a pretext to put them into action,” said a statemen [...]
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