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Switzerland has frozen $193 million in Ukrainian assets: report

May 4th, 2014
Categories: News, World, Economic, Politics

Link: http://www.democraticunderground.com/1014796029

Switzerland's federal prosecutor has frozen 170 million Swiss francs ($193.34 million) of assets in Swiss bank accounts belonging to former Ukrainian president Viktor Yanukovich and people close to him, opened five investigations against individuals suspected of money-laundering.

U.S. Apples Coated in Questionable Chemical that’s Banned in Europe

May 2nd, 2014
Categories: News, Nature, World, Economic, Politics, Science, Health

Link: http://naturalsociety.com/u-s-apples-coated-questionable-chemical-banned-europe/

DPA, or diphenylamine, banned by European officials, toxin on American apples and pears. DPA sprayed on apples to prevent “storage scald”, darkening of fruit’s skin after months of cold storage. Banned in European Union in 2012, producers couldn’t answer questions about safety.

Globalization Still Favors the Rich

May 2nd, 2014
Categories: News, Economic

Link: http://www.bloombergview.com/articles/2014-05-02/globalization-still-favors-the-rich

Reading between the lines of a just-released optimistic report on global flows of goods, services and finance by the McKinsey Global Institute, one can conclude that the developed world is benefiting more from globalization than the developing one.

Elite Instituting Drastic Measures Immediately…

May 2nd, 2014
Categories: News, Nature, World, Economic

Link: http://www.lindseywilliams.net/elite-instituting-drastic-measures-immediately/

“The Elite are instituting drastic measures which will be implemented IMMEDIATELY. The world as we know it will never be the same again. Expect catastrophic events in the monetary world, nature and the Elite EXPECT DIVINE REPERCUSSIONS.”

Is Public Transport Affordable?

May 1st, 2014
Categories: Environment, Economic

Link: http://blogs.worldbank.org/transport/public-transport-affordable

When planning transport systems in developing countries, one of the main challenges is to evaluate the proportion of income spent by poorer households on transport as well as in understanding transport patterns in relation to residential location, travel distance and travel mode.

Large majorities want to raise the minimum wage. But they don’t vote on it.

May 1st, 2014
Categories: Economic

Link: http://www.washingtonpost.com/blogs/the-fix/wp/2014/05/01/large-majorities-want-to-raise-the-minimum-wage-but-they-dont-vote-on-it/

Democrats have yet another issue on which Republicans in Congress have now voted against the will of the vast majority of Americans: raising the minimum wage.

IMF Warns Ukraine: Fight For The East Or No Money

May 1st, 2014
Categories: News, World, War, Economic, Politics, Police State

Link: http://www.zerohedge.com/news/2014-05-01/imf-warns-ukraine-fight-east-or-no-money

IMF: $17bn loan to Ukraine. Gazprom gets paid; Ukraine gets cash; US, EU more 'control. IF UKRAINE GOVERNMENT LOSES CONTROL OVER EAST OF COUNTRY, $17 BLN IMF BAILOUT WOULD BE REDESIGNED. Means go to war with pro-Russian forces, possibly Russia itself or no money.

EU states strike lucrative military contracts with China overriding embargo - report

April 30th, 2014
Categories: News, World, Economic, Politics

Link: http://rt.com/news/155868-europe-exports-china-military/

​Europe is powering the military rise of China, approving multi-million dollar deals for the transfer of weapons and dual-use technology – despite an arms embargo stemming from the 1989 Tiananmen Square crackdown. China is world’s second largest military spender, fastest growing military market.

GOP senators block minimum-wage hike but Democrats vow to try again

April 30th, 2014
Categories: Economic

Link: http://www.latimes.com/nation/politics/politicsnow/la-pn-minimum-wage-increase-20140430,0,3760821.story#axzz30LgdYx5b

A top election-year proposal from Democrats -- a bid to raise the federal minimum wage -- was rejected by Republicans in the Senate, who blocked legislation Wednesday to boost the rate to $10.10 an hour.

17 Facts To Show To Anyone That Believes That The U.S. Economy Is Just Fine

April 30th, 2014
Categories: News, Economic

Link: http://theeconomiccollapseblog.com/archives/17-facts-to-show-to-anyone-that-believes-that-the-u-s-economy-is-just-fine

No, the economy is most definitely not "recovering". Despite what you may hear from the politicians and from the mainstream media, the truth is that the U.S. economy is in far worse shape than it was prior to the last recession. In fact, we are still pretty much where we were...

IMF approves $17bn Ukraine bailout package

April 30th, 2014
Categories: News, World, Economic, Politics, Police State

Link: http://www.bbc.com/news/business-27233152

Loan is dependent on strict economic reforms, raising taxes, energy prices, freeze minimum wage, further funds of $15bn from other donors, World Bank, EU, Canada and Japan. Commitment to help Ukraine recover tens of billions of dollars allegedly stolen by the ousted President Yanukovych.

Credit Suisse owner admits his role in ‘widespread’ U.S. tax evasion scheme

April 30th, 2014
Categories: News, World, Economic

Link: http://www.rawstory.com/rs/2014/04/30/credit-suisse-owner-admits-his-role-widespread-u-s-tax-evasion-scheme/

Owner of a Swiss trust company plead guilty to conspiring with Credit Suisse bankers to enable U.S. customers to avoid taxes by hiding assets in secret Swiss bank accounts in names of sham entities. Josef Dorig admitted to “wideranging” conspiracy between 1997, 2011 Faces five years prison.

Pain for Ukraine: Economy loses 1.1 percent in Q1

April 30th, 2014
Categories: News, World, Economic

Link: http://rt.com/business/155904-ukraine-economy-crisis-q1/

Ukraine’s economy contracted 1.1 percent in first three months of 2014. on track to slow 4 percent overall in 2014. Ukraine’s economy had been headed towards default before protests began. Gold and foreign exchange reserves quickly depleting. $4 billion in international reserves wiped out.

No longer #1? China may replace US as biggest economy this year – World Bank

April 30th, 2014
Categories: News, World, Economic, Politics

Link: http://rt.com/business/155892-china-overtake-us-economy/

China may pass the US and become the world’s most important economy this year, according to the World Bank. It would take the position the US has held since 1872. IMF: Chinese economy contributed a quarter of total global growth. Between 2011-2014, China’s economy will account for 24 percent.

On the News With Thom Hartmann: The Super-Rich Don't Make Money by Hard Work, and More / Video

April 30th, 2014
Categories: Economic

Link: http://truth-out.org/news/item/23395-on-the-news-with-thom-hartmann-the-super-rich-dont-make-money-by-hard-work-and-more

You need to know this. For most of our lives, we've been taught that hard work pays off, but most of the super-rich didn't make their money by working hard.

The Right Way to Develop Shale Gas

April 29th, 2014
Categories: Economic, Science

Link: http://www.nytimes.com/2014/04/30/opinion/the-right-way-to-develop-shale-gas.html?hp&rref=opinion&_r=0

LISTENING to the polarized energy debate in the United States, you might think natural gas was an economic and geopolitical cure-all — or an environmental curse.

Bank of America’s $4 billion slip-up

April 29th, 2014
Categories: News, Economic

Link: http://rt.com/business/155568-bank-of-america-error/

America’s biggest bank discovered a $4 billion accounting error on Monday, and is suspending its share buyback program and planned quarterly dividend. The mistake went unnoticed for several years and brings into question how ‘healthy’ Bank of America is.

Russia: We will retaliate Japan sanctions

April 29th, 2014
Categories: News, World, Economic, Politics, Police State

Link: http://www.presstv.ir/detail/2014/04/29/360581/moscow-to-reciprocate-japans-sanctions/

Russian Foreign Ministry Spokesman Alexander Lukashevich: Russia will definitely respond to the sanctions imposed by Tokyo on a number of its citizens over Ukraine crisis, will not go unanswered. US sanctions, will have a painful effect on Washington. Tensions heightened.

Washington, EU impose new sanctions on Russia

April 29th, 2014
Categories: News, World, Economic, Politics, Police State

Link: http://www.wsws.org/en/articles/2014/04/29/ukra-a29.html

Washington, (EU) imposed new sanctions on Russian business, political leaders. Obama: “We do not know whether it’s going to work. Threatens trade war. Could bring much of European economy to a halt. Violence mounts in Ukraine. Mayor of Kharkov shot. World on brink of war.

US economic “recovery” dominated by low-wage jobs

April 29th, 2014
Categories: News, Economic, Politics

Link: http://www.wsws.org/en/articles/2014/04/29/wage-a29.html

US businesses have added 1.85 million low-wage jobs over the past six years, eliminated 1.83 million medium-wage (paying between $13 and $20 per hour) and high-wage (between $20 and $32) jobs. Economy continues to produce a disproportionate number of low-wage jobs.

Judge upholds county’s sale of widow’s home over $6.30 in unpaid interest

April 29th, 2014
Categories: News, Economic, Politics, Police State

Link: http://www.rawstory.com/rs/2014/04/29/judge-upholds-countys-sale-of-widows-home-over-6-30-in-unpaid-interest/

A judge ruled a Pennsylvania widow was given ample notice before her $280,000 home was auctioned off over $6.30 in unpaid interest. Eileen Battisti asked the court to reverse the September 2011 sale of her house planned to appeal judge’s ruling to the Commonwealth Court. “I paid everything.”

Why Neocons Seek to Destabilize Russia

April 29th, 2014
Categories: News, War, Economic, Politics

Link: http://www.a-w-i-p.com/index.php/2014/04/29/why-neocons-seek-to-destabilize#more23273

Any propaganda war starts by planting stories that your target is getting rich, whether he is or isn’t, the latest move in demonizing Vladimir Putin. But the larger question is what might happen if the neocons succeed in destabilizing nuclear-armed Russia.

World Bank Director: Turkey to Become Global Energy Hub

April 27th, 2014
Categories: News, World, Economic, Politics

Link: http://stratrisks.com/geostrat/19027

Turkey's geographical location “between major markets in Europe, supply sources further east, increases chances to become global energy hub, discoveries of natural gas fields in Mediterranean off coast of Israel opportunity for Turkey as best feasible route for Israeli gas to reach Europe, Asia.

Russia warns of Europe gas delivery cut over Ukraine debt-Video

April 27th, 2014
Categories: News, World, Economic, Politics

Link: http://www.presstv.ir/detail/2014/04/27/360267/russia-warns-of-europe-gas-delivery-cut/

Russia says Ukraine’s failure to pay its growing gas debt may impact gas delivery to European countries. Russia’s Energy Minister Alexander Novak: Moscow may be forced to cut off natural gas supplies to Europe over Ukraine’s mounting unpaid gas debt.

US sanctions to hit Russia's military & Putin's close allies-Video

April 27th, 2014
Categories: News, World, Economic, Politics

Link: http://www.presstv.ir/detail/2014/04/27/360318/us-says-new-antirussia-sanctions-will-target-its-military-and-putins-close-allies/

US: next round of US-led sanctions against Russia over Ukraine will target Russian defense industry people close to the country’s President Vladimir Putin. Obama acknowledged sanctions could be ineffective. Putin :sanctions were hurting the Russian economy but damage was not critical.

Epidemic Of Hunger: New Report Says 49 Million Americans Are Dealing With Food Insecurity

April 27th, 2014
Categories: News, Economic, Health

Link: http://theeconomiccollapseblog.com/archives/epidemic-of-hunger-new-report-says-49-million-americans-are-dealing-with-food-insecurity

If the economy really is "getting better", then why are nearly 50 million Americans dealing with food insecurity? In 1854, Henry David Thoreau observed that "the mass of men lead lives of quiet desperation".

Egypt Signing Unprecedented $3 Billion MiG-35 Deal with Russia

April 26th, 2014
Categories: News, World, Middle East, Economic, Politics

Link: http://www.blacklistednews.com/Egypt_Signing_Unprecedented_%243_Billion_MiG-35_Deal_with_Russia/34765/0/38/38/Y/M.html

Agreement between Cairo and Moscow, Egypt will receive 24 of Russia’s advanced Mikoyan MiG-35 fighter jets, along with military and strategic advisers, as well as training for the Egyptian Air Force, follows $2 billion arms deal that Egypt signed with Russia in February.

Verizon to monitor wireless devices, computers and share data with advertisers

April 26th, 2014
Categories: News, World, Economic, Science

Link: http://www.blacklistednews.com/%E2%80%8BVerizon_to_monitor_wireless_devices%2C_computers_and_share_data_with_advertisers/34758/0/38/38/Y/M.html

Verizon Wireless will monitor customers’ activities on wireless devices as well as wired or Wi-Fi-connected desktop computers and laptops. Collected data on users’ online activity will then be passed to marketers for targeted advertising.

Sanctions 'not effective' in modern world - Putin

April 24th, 2014
Categories: News, World, Economic, Politics

Link: http://rt.com/business/154576-sanctions-not-effective-putin/

President Vladimir Putin: Sanctions against Russia will backfire and actually benefit the economy. “Over-reliance can lead to a loss of sovereignty,” economic sanctions is already helping boost domestic businesses, bringing more offshore funds back to Russia.

Poverty Is Killing Us

April 24th, 2014
Categories: Economic

Link: http://truth-out.org/opinion/item/23296-poverty-is-killing-us

Poverty is killing us. According to a new study from the Brookings Institute, wealthy Americans are living considerably longer lives than Americans who are struggling with poverty.

Germany halts arms sales to Russia

April 24th, 2014
Categories: News, World, War, Economic, Politics

Link: http://wakeupfromyourslumber.com/news/germany-halts-arms-sales-russia

Germany stopped selling arms to Russia due to current “political situation”. Sale of military equipment to Russia by German firms criticized by country’s Nato allies. Germany granted 450 arms export licenses to Russia for military equipment worth €40 million in 2012.

Minute Maid’s Pomegranate Blueberry Juice is 99% Apple and Grape Juice

April 23rd, 2014
Categories: Nature, Economic, Politics, Science, Health

Link: http://naturalsociety.com/coca-cola-supreme-court-issue-deceptive-labeling/

The juice is 99.4 percent apple and grape-derived, contains 0.3 percent pomegranate, 0.2 percent blueberry juice. Pom Wonderful pomegranate juice is 100 percent pomegranate. Food and Drug Administration allows food companies to name beverages according to flavor rather than content.

US funds warn of sanctions against Russia

April 22nd, 2014
Categories: News, World, Economic, Politics, Police State

Link: http://www.presstv.ir/detail/2014/04/21/359478/us-funds-warn-of-sanctions-on-russia/

US fund managers have warned of risks shareholders could face from current or future Western sanctions against Russia, as Washington move to impose more sanctions on Moscow over their dispute on Ukraine, could result in depreciation of the Russian currency, Reuters reported Friday.

Education by Nike and Pepsi: Brand names littering NY Common Core Standardized Tests Vex Parents - Teachers barred from publicly discussing

April 22nd, 2014
Categories: News, Economic, Politics, Police State

Link: http://12160.info/forum/topics/education-by-nike-and-pepsi-brand-names-littering-ny-common-core?xg_source=activity

Brands including Barbie, iPod, Mug Root Beer and Life Savers showed up on New York's Common Core standardized English tests. Speculation it was product placement advertising. State education officials say the brand references just happened to be contained in previously published passages.

IRS Awarded $1 Million in Bonuses to Workers with Tax Violations

April 22nd, 2014
Categories: News, Economic, Politics, Police State

Link: http://www.blacklistednews.com/IRS_Awarded_%241_Million_in_Bonuses_to_Workers_with_Tax_Violations/34670/0/38/38/Y/M.html

Treasury Inspector General for Tax Administration: In 2011 and 2012, Internal Revenue Service awarded 1,146 employees $1 million in bonuses that had tax violations. Employees with back taxes received 10,582 hours of paid time, another 69 received permanent raises through a step increase.

Puerto Rico considers legalizing marijuana and prostitution to jumpstart economy

April 21st, 2014
Categories: News, Economic, Politics

Link: http://rt.com/usa/puerto-rico-legalizing-marijuana-prostitution-892/

Puerto Rico contemplating more than a hundred different proposals to jumpstart its sagging economy including legal prostitution and marijuana use. Proposals range from eliminating various government agencies to cutting down the number of public holidays.

Five Ways the 1% Are Killing Us

April 21st, 2014
Categories: News, Environment, Economic, Health

Link: http://www.truth-out.org/buzzflash/commentary/five-ways-the-1-are-killing-us

Those who can't smell the carbon dioxide ravaging the earth for hedonistic profit - enabled by federal and many state and local governments - will find out that just because you can't smell global warming does not mean that it is not brewing a cauldron of devastation just over the horizon.

China Prepares Massive Investments in Crimea

April 20th, 2014
Categories: News, World, Economic, Politics, Science

Link: http://www.blacklistednews.com/China_Prepares_Massive_Investments_in_Crimea/34622/0/38/38/Y/M.html

China intends to invest in massive projects in Crimea less than a month after the former Ukrainian province was annexed by the Russian Federation. Russia ambassador to E U Vladimir Chizhovsaid: Russia partners with China in two major Crimean projects: gas pipeline, Crimean deep water port.

Impose tougher sanctions on Russia now: 2 US senators

April 20th, 2014
Categories: News, World, Economic, Politics, Police State

Link: http://www.presstv.ir/detail/2014/04/20/359388/impose-tougher-sanctions-on-russia-now/

Two influential US senators, Bob Corker and Chris Murphy, have called on US President Barack Obama to ratchet up sanctions against Russia. Must include Russia’s petrochemical and banking industries. Bob Corker and Chris Murphy are members of Senate Foreign Relations Committee.

Former Pro GMO China Refuses 8 Shipments of US GMO Corn

April 20th, 2014
Categories: News, Nature, Environment, World, Economic, Politics, Science, Health

Link: http://naturalsociety.com/former-pro-gmo-china-refuses-8-shipments-us-gmo-corn/

China refused five total shipments of GM crops in just a month – all of it coming from the U S. Chinese Minister of Agriculture unable to issue safety certificate unless these strict scientific proofs utilized. Three shipments of US GMO corn without safety certificates, approval documents destroyed.

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