America's second largest lender has reached a $16.65 billion settlement with US federal authorities for selling toxic mortgages misleading investors, the Justice Department said Thursday. “This historic resolution - the largest such settlement on record - goes far beyond ‘the cost of doing business,’” Attorney General Eric Holder said in a statement posted on the US Justice Department w [...]

Ukrainian army shelling has forever changed the life of a teenage girl near Donetsk, who is now lying in hospital with a shattered arm and shrapnel wounds. The teen witnessed 15 people, including children killed by falling bombs along the river's shore. Government forces first bombed the village of Zugres in the Donetsk region of eastern Ukraine on August 14. Several shells hit a beach full of [...]

LANCE TAPLEY, lance.tapley at gmail.com Investigative reporter for Common Dreams, Tapley just wrote an extensive piece entitled: “The Double Identity of an ‘Anti-Semitic’ Commenter: Smearing a Progressive Website to Support Israel,” which states: “Like many other news websites, Common Dreams has been plagued by inflammatory anti-Semitic comments following its stories. [...]

BAGHDAD: Islamic State insurgents posted a video on Tuesday purportedly showing the beheading of US journalist James Foley and images of another US journalist whose life they said depended on how the United States acts in Iraq. The video, titled "A Message To America," presented President Barack Obama with bleak options that could define America's& [...]

Russia’s consumer watchdog has shut down four McDonald's restaurants in central Moscow – including the first-ever outlet in the country – over “administrative violations.” More of the company 430 Russian franchises are under investigation. “Multiple violations of sanitary norms were detected in the sourcing of food and waste disposal in McDonald’s restaurants during inspections ca [...]

In an interview, former top CIA lawyer John Rizzo says the US' waterboarding and other "enhanced interrogation methods" for terror suspects had "deep trouble" written all over them. But he doesn't regret his decision to approve the measures. After the terror attacks in the US on Sept. 11, 2001, John Rizzo, 66, was responsible for approving the Central Intelligence Agency's "enhanced interrogati [...]

RAMALLAH: Israeli restrictions have left two of the world’s most prominent HUMAN RIGHTS organisations struggling to collect evidence of potential war crimes in Gaza, group representatives have revealed. Amnesty International and HUMAN RIGHTS Watch (HRW) staff have not received permits to enter Gaza despite lobbying Israel and Egypt since the early days of the conflict,& [...]

There have been at least two countries in Europe in recent history that undertook ‘anti-terrorist’ military operations against ‘separatists’, but got two very different reactions from the Western elite. The government of European country A launches what it calls an ‘anti-terrorist’ military operation against ‘separatists’ in one part of the country. We see pictures on Western te [...]

Switzerland has said it will not re-export European agricultural products to Russia that now can't get access to the country's market. “We have had requests from European countries, including the producers of fruits, vegetables, dairy products and meat, but we didn’t give permission to have their products imported to Switzerland and then exported to Russia,” as ITAR-TASS quotes Jurg Jordi [...]

Sooner or later EU denial must give way to gut-wrenching reform. The longer the delay, the greater the pain for the Lost Generation. The precipice of relative poverty never looks very threatening. Thus, despite mass eurozone youth unemployment and a 12 percent rate overall, Europe retains a facade of relative prosperity. However, the UK and US economies are growing with gusto, surpassing pre-re [...]

The "right steps” politicians in the West and Russia are now taking against each other are very similar to what was happening before World War I, Latvian MEP Andrejs Mamikinsh warned EC President Jose Manuel Barroso in a letter Tuesday. It’s crucial to stop reciprocal sanctions before they throw people into poverty and ruin the economies altogether, the European Parliament member wrote. [...]

A couple of weeks ago the German newspaper Süddeutsche Zeitung claimed that Germany was refusing to sign off the Comprehensive and Economic Trade Agreement (CETA). The simple reason being the Investor-State Dispute Settlement (ISDS) regulation which I have written about here. [...]

Records published under Britain's Freedom of Information (FOI) Act have compounded concerns that the UK government lobbied US officials to keep Britain's role in CIA torture and rendition out of a soon-to-be published Senate report. Newly-released data reveals Britain’s ambassador to the US, Peter Westmacott, engaged in at least 21 separate meetings with members of the US Senate’s Select Co [...]

Kiev should make public the records of communications between the Ukrainian air traffic control and the Malaysian Airlines flight 17 in the hours before it was shot down over Ukraine’s turbulent east, Russia’s UN envoy said. The issue was among several Russia raised at a UN Security Council meeting, which was called by Russia to discuss the progress of the investigation into the tragic inci [...]

OSCE observers stationed at two Russian border checkpoints, the Ukrainian counterparts of which are controlled by the Ukrainian military, have not witnessed any movements of weapons across the border. The monitors did witness young people “dressed in military style” moving across the border into Ukraine, Paul Picard, acting chief observer of the OSCE Mission, told journalists. However, all [...]

Russian President Vladimir Putin and his Ukrainian counterpart, Petro Poroshenko, will meet on August 26 in the Belarusian capital, Minsk, the Kremlin said. The talks will take place as part of a meeting between the heads of states of the Customs Union of Russia, Belarus and Kazakhstan with the Ukrainian president and representatives of the European Commission. [...]

Russia and China plan to increase technology cooperation, with Moscow set to increase exports of software in exchange for data storage, Russia's Communications Minister said. Nikolay Nikiforov, head of Russia's Ministry of Communications, announced via Twitter that Russia and China have agreed to increase the supply of Chinese servers and storage systems and production in Russia, and to boost t [...]

The European Commission said it will provide up to €125 million from Monday till the end of November to compensate food producers coping with Moscow’s food ban. “The exceptional measures announced today will include market withdrawals especially for free distribution, compensation for non-harvesting and green harvesting. [...]

All operations on Russia's Gazprom-led project South Stream have been suspended, as they do not meet the requirements of the European Commission, Bulgaria's Ministry of Economy and Energy said on its website. “Minister of Economy and Energy Vasil Shtonov has ordered Bulgaria’s Energy Holding to halt any actions in regards of the project,” the ministry said. This specifically means enterin [...]

Some European food producers have reportedly asked Switzerland to provide an alternative supply corridor for goods embargoed by Russia. The agriculture import ban imposed by Russia does not apply to Switzerland as it is not an EU member. [...]

Julian Assange plans to leave the Ecuadorian Embassy in the near future, he told a press conference at the embassy's London compound, where he's been holed up for two years. The WikiLeaks founder gave no further details. "I am leaving the embassy soon, but perhaps not for the reasons [reported]," he told journalists, refusing to clarify what his reasons are. [...]

Ukraine government and rebels blame each other for attack, which has killed evacuees trying to escape the conflict. Dozens of people, including women and children, were killed on Monday when a convoy carrying refugees was hit by rocket fire near the eastern city of Luhansk, a Ukrainian military spokesman said. [...]