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 [...]
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 [...]
Three of Britain's mainstream party leaders have temporarily abandoned their seats of power in Westminster to travel to Scotland. The trip is part of a last-ditch effort to sway Scottish opinion toward a "No" vote in the upcoming independence referendum.
Journeying separately and addressing different audiences throughout Scotland on Wednesday, Prime Minister David Cameron, Liberal Democrat le [...]
British intelligence services, including MI5, secretly spied on a number of prominent academics with socialist leanings "for decades," including Oxbridge dons Christopher Hill and Eric Hobsbawm, secret files disclosed on Friday show.
The historians were among a number academics at the UK’s top universities who were placed under rigorous surveillance by the security services after officers b [...]
Reddit, Netflix, Foursquare, Mozilla, Vimeo, and Wordpress are backing the ‘Internet Slowdown’ protest against proposed US regulations that would segregate internet surfing speeds and kill “net neutrality.”
The September 10 protest features a revolving icon – symbolizing slow connectivity – illustrating how losing net neutrality would harm websites and other online services. [...]
The rise of violent extremism around the world is the fault of "certain states" and"intelligence agencies" that have helped to create it and are failing to withstand it, Iranian President Hassan Rouhani said in an address to the UN General Assembly.
Speaking at the 69th session of the UN General Assembly on Thursday, Rouhani said that extremism is not a regional but a global issue, and called o [...]
USA Today reports: “President Obama spends Tuesday soliciting congressional support for expanded military action against the insurgent group known as the Islamic State.”
The Jacksonville Journal-Courier in Illinois reports today: “President Barack Obama’s plans to expand the U.S. military role against Islamic extremist groups could overstep his authority, according to a longtime Jackson [...]
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 [...]
Surging support for Scottish independence saw the pound fall to a 10-month low. The head of the "Better Together" campaign, however, denies panic among the ranks despite a plan to grant Scotland more powers if Scots reject independence.
The latest opinion poll, conducted by YouGov and the Sunday Times, put the pro-independence movement in the lead for [...]
Ukraine may face epidemics of preventable diseases like polio due to a government failure to stockpile vaccines and organize inoculation, the UN's health body warned. The shortage is aggravated by devaluation and a planned ban on Russian drugs.
The healthcare system of Ukraine was not in good shape to start with, and the political crisis and the subsequent civil war further damaged it, the Worl [...]
Argentina will receive the first tranche of yuan worth up to $1 billion in a massive currency swap with China before the end of this year. The deal will boost the troubled economy's foreign reserves.
It comes as part of a loan worth $11 billion signed in July by Argentina's President Cristina Fernandez de Kirchner and Chinese counterpart Xi Jinping during hisLatin America tour- shortly before t [...]
Politicians clashed over the NHS at a Scottish independence debate. “Yes” supporters say independence could save the health service from privatization, while “No” advocates say Scotland can’t afford it alone.
Independence is needed to protect against a “nasty, competitive, profit-driven motive” towards the NHS, Scottish Green Party MSP Patrick Harvie said Thursday. [...]
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 [...]
Christine Lagarde, head of the International Monetary Fund (IMF) has urged Germany to increase spending to spur the eurozone's flagging economic recovery, and said that a number of structural reforms are needed to revive the bloc’s growth.
"We think that public or private investment (in Germany) to finance infrastructure would be welcome," Lagarde told French daily Les Echos in an interview o [...]
A federal judge on Thursday said oil giant BP acted with gross negligence ahead of the catastrophic 2010 spill in the Gulf of Mexico, paving the way for the corporation to pay perhaps billions of dollars in fines.
“BP’s conduct was reckless,” United States District Judge Carl Barbier wrote in a decision handed down early Thursday from a federal courthouse in Louisiana. [...]
The Ukrainian crisis has two closely intertwined dimensions: a domestic one and an external one, both testifying to the failure to manage the process correctly.
Both provide abundant material for a study in abject mismanagement, with the lessons of European history consigned to oblivion. [...]
Russia, Abkhazia and South Ossetia may soon enter a trilateral treaty on friendship and cooperation with further formation of a joint military bloc that would oppose NATO, a top diplomat has said.
South Ossetia’s ambassador to Abkhazia, Oleg Botsiyev, told popular Russian daily Izvestia that the planned coalition would be modeled on NATO’s structure and be allied with another Moscow-led mil [...]
Anti-Englishness is driving the Scottish independence campaign, according to UKIP leader Nigel Farage, who says a split from England would fail to give Scots independence from EU bureaucrats in Brussels.
Farage, who described PM David Cameron as epitomizing “all that the Scottish people viscerally loathe about England,” said he “has walked straight into a long-planned ambush.” [...]
Armenia has decided to hang its hat with its former Soviet ally Russia instead of joining a European free-trade agreement, President Serzh Sarksyan announced after meeting with Vladimir Putin.
Armenia said it would join Russia in the Customs Union, as well as engage in the Eurasian integration process instead of negotiating a free trade agreement with the EU. [...]
Some 400 people have joined a protest camp in Newport to protest against NATO. The march comes ahead of next week's military summit that will see 60 world leaders descend on the area and is already causing considerable disruption to locals.
"Nuclear NATO - no, thanks!" or "Iraq, Ukraine - no more wars" read the numerous placards as about 400 protesters took in a march on Saturday against the up [...]
Canadian honey producers have filed a class-action lawsuit against Bayer and Syngenta to recover losses dating as far back as 2006, claiming that neonicotinoids they produce and sell are killing bees and cause massive material damage.
The lawsuit, filed on behalf of all Canadian beekeepers by honey producers Sun Parlor Honey Ltd. and Munro Honey alleges that Bayer Cropscience Inc. and Syngenta [...]
2014 has been the year of “Russian invasions”. But the farcical politicking and media charade surrounding Ukraine’s upheaval reminds us of the tale of Texas, and independent thinking too.
Washington and Kiev would have us believe Russia invaded Poroshenko’s Ukraine. But Ukraine's Texicans* in the east have another story to tell. [...]