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Israelis poised for mass strike over wages

December 22nd, 2015
Categories: Middle East, Economic

Link: http://www.presstv.ir/Detail/2015/12/22/442825/Israel-Histadrut-Israel-economy-Tel-Aviv-

Workers are set to stage a strike across the occupied territories to demand a rise in pays in a move likely to harm Israel's lumbering economy.The industrial action that is planned for Wednesday would likely see Israel's main airport, seaports, trains, the Tel Aviv Stock Exchange, offices, hospitals and schools closed. In a bid to prevent the strike, officials from the Israeli Finance Ministry and the Histadrut – the umbrella organization for 700,000 public sector workers – held a meeting, whose outcome is still unclear.

Dirty Business: Swiss Oil Traders Caught Exporting Daesh-Extracted Oil

December 13th, 2015
Categories: World, Economic, Politics

Link: http://sputniknews.com/middleeast/20151213/1031693941/swiss-oil-traders-deash-import.html

Swiss oil traders might have gotten themselves into some trouble after it was revealed that they regularly imported oil from terminals in Turkey, where Daesh, also known as ISIL/ISIS, sold their illegal oil supply, the Swiss newspaper Le Matin reported.

Stocks plunge amid fears of global slump and credit meltdown

December 12th, 2015
Categories: World, Economic

Link: http://www.wsws.org/en/articles/2015/12/12/econ-d12.html

Global stock markets plunged Friday as oil prices hit new lows, threatening to crash the junk bond market and trigger a new financial meltdown. Investor nervousness was heightened by the prospect of the US Federal Reserve Board raising interest rates for the first time in nearly a decade when it meets next week.

Bombshell: Russian Military Reveals Details of ISIS Funding, Turkey’s Support — Transcripts, Videos, Docs

December 11th, 2015
Categories: World, Middle East, War, Economic, Politics

Link: http://www.thedailysheeple.com/bombshell-russian-military-reveals-details-of-isis-funding-turkeys-support-transcripts-videos-docs_122015

Russian Defense Ministry held a major briefing: Illegal oil revenues are one of the main sources of income for the terrorists in Syria. According to some reports, they make about $2 billion a year on illegal oil trade. Turkey is the main destination for the oil stolen from its legitimate owners, which are Syria and Iraq. Turkey resells this oil, country’s top political leadership involved in the illegal business — President Erdogan and his family.

Counter Exposure: US Shifts Blame for Oil Smuggling From Turkey to Assad

December 11th, 2015
Categories: World, Middle East, War, Economic

Link: http://sputniknews.com/world/20151211/1031597006/us-daesh-oil.html

In the aftermath of Russia's exposure of the illegal oil trade between Daesh (ISIL/ISIS) and Turkey, the US has decided to come up with its own 'revelation': the US Treasury admits that the jihadist group is profiting from oil exports to the tune of as much as $40 mln per month, but claims the terrorist group is selling it to President Assad while neglecting to provide any proof to back up its claim.

China launches new e-commerce platform with Russia

December 11th, 2015
Categories: World, Economic

Link: https://www.rt.com/business/325607-china-russia-trade-platform/

The first China-Russia e-commerce platform incubator has been opened in the China’s Heilongjiang Province, Interfax reported. The purpose of the platform is to provide new enterprises with a public space with low cost distribution of resources, and simplified procedures for doing business. It will involve dozens of Chinese trading companies, the creation of two cross-border payment systems, five warehouses near the Russian border in China, as well as four warehouses on the Russian side.

Ben Carson proposes healthcare overhaul to increase Medicare age to 70

December 10th, 2015
Categories: Economic, Politics, Health

Link: http://www.democraticunderground.com/10141285937

Ben Carson sought to reinvigorate his presidential campaign late on Wednesday by rolling out a proposed healthcare overhaul that would eventually increase the Medicare eligibility age to 70. “We don’t want a bunch of bureaucrats dictating to people what they ought to do,” Carson said.

New Mexico Legislators Sue City For Refusing To Follow New Asset Forfeiture Law

December 10th, 2015
Categories: Economic, Politics, Police State

Link: https://www.techdirt.com/articles/20151202/08244432967/new-mexico-legislators-sue-city-refusing-to-follow-new-asset-forfeiture-law.shtml

Government is going after another part of the government for its refusal to stop taking stuff without securing a conviction. Two New Mexico state senators Lisa Torraco and Daniel Ivey-Soto are suing Albuquerque after the city has refused to stop seizing residents’ cars, despite a law passed earlier this year ending the practice of civil asset forfeiture; said Albuquerque is defying the new law and “has continued to take property using civil forfeiture without requiring that anyone be convicted of a crime.”

Russian economy to return to growth - Medvedev

December 9th, 2015
Categories: World, Economic

Link: https://www.rt.com/business/325213-medvedev-crisis-over-russia/

Government measures to stop recession in the economy have been successful and Russia will return to growth, according to Prime Minister Dmitry Medvedev."The anti-crisis plan has worked. It allowed us to survive the most difficult period of the year. The plan has brought result in almost all areas, US ratings agency Moody's upgraded Russian government bond outlook from negative to stable, citing stabilization of Russia's external finances.

Puerto Rico Pleads for U.S. Aid as Senate Dashes Bankruptcy Push

December 9th, 2015
Categories: World, Economic, Politics

Link: http://www.democraticunderground.com/10141284910

Puerto Rico Governor Alejandro Garcia Padilla pleaded with Congress to help his government emerge from a deepening fiscal crisis, saying the federal spending bill may be the best chance for the island to secure aid before bond payments come due next month. Democrats in the Senate failed in an effort to unanimously push through a bill that would allow some of Puerto Rico’s agencies to file for municipal bankruptcy, one of the island’s top priorities, lack of support among Republicans who control Congress.

Putin instructs Finance Ministry to sue Ukraine for failure to pay debt to Russia

December 9th, 2015
Categories: World, Economic, Politics

Link: http://tass.ru/en/economy/842782

Russia’s President Vladimir Putin has instructed the Finance Ministry to take Ukraine to court for failure to pay debt on bonds. "File a suit then," Putin told Finance Minister Anton Siluanov, when speaking at a meeting with cabinet members.

Greek parliament approves austerity budget for 2016

December 9th, 2015
Categories: World, Economic, Politics

Link: http://www.wsws.org/en/articles/2015/12/08/gree-d08.html

On Sunday morning the Greek parliament voted to approve a 2016 budget proposal containing a new round of sweeping austerity measures demanded by the troika, which consists of the European Union, European Central Bank and the International Monetary Fund. Tsipras and Syriza haveagreed to slash Greek public spending an additional €5.7 billion, €1.8 billion cuts in pensions and tax increases of over €2 billion.

Teen Who Worked In Corner Shop For 10 Weeks To Afford Christmas Presents Told He’s On Unpaid Internship

December 8th, 2015
Categories: World, Economic

Link: http://www.newsforage.com/2015/12/teen-who-worked-in-corner-shop-for-10.html

A teenager who spent 10 weeks before and after school working in a shop to save up for Christmas has been told he won’t be getting paid. When he came to collect his overdue wages he was told by the boss that he wouldn’t be getting them – as he was on unpaid work experience. One of the stores owners told the paper; The Canterbury Times he had never agreed a wage.

Secret Service Agent Sentenced for Stealing 20,000 Bitcoins in Silk Road Investigation

December 8th, 2015
Categories: Economic, Police State

Link: http://www.thedailysheeple.com/secret-service-agent-sentenced-for-stealing-20000-bitcoins-in-silk-road-investigation_122015

Former Secret Service agent Shaun Bridges, 33, has been sentenced to 71 months in prison for stealing 20,000 bitcoins from Silk Road vendors, has to forfeit $650,000. DEA agent Carl Mark Force IV, was charged with money laundering, obstruction of justice, and extortion under color of official right for similar crimes, using his position as an agent to take more than $700,000 in bitcoins, sentenced to 78 months in prison after he pled guilty.

Stolen Dutch paintings offered for sale by Ukrainian militia

December 8th, 2015
Categories: World, Economic

Link: http://www.democraticunderground.com/10141283392

A hoard of stolen Dutch golden age paintings is being offered for sale by an ultra-nationalist militia in Ukraine, according to the museum from which the works vanished a decade ago. The Westfries Museum in Hoorn, 50km north of Amsterdam, said on Monday it suspected members of the Ukrainian state security service, SBU, the far-right Svoboda (Freedom) party, and “art criminals with contacts ... at the highest political level” might also be involved in the attempt to sell the canvases.

Turkey may lose up to $9 bln due to break of relations with Russia — Turkish deputy PM

December 7th, 2015
Categories: World, Economic

Link: http://tass.ru/en/economy/841968

Deputy Prime Minister of Turkey Mehmet Simsek; "We consider Russia to be our important partner and do not want tensions. From the very first days of the crisis, we discussed all aspects and are ready to take action, if Russia still refuses to hold a dialogue. Under the worst scenario, Turkey will lose about $9 billion.

US Air Force Running Out Of Bombs To Drop On ISIS

December 7th, 2015
Categories: World, Middle East, War, Economic, Politics

Link: http://www.zerohedge.com/news/2015-12-07/us-air-force-running-out-bombs-drop-isis

Air Force chief of staff General Mark Welsh; Air Force is now "expending munitions faster than we can replenish them." "B-1s have dropped bombs in record numbers. We need the funding in place to ensure we're prepared for the long fight."

20 Super Wealthy Individuals Have More Money Than The Poorest 152 Million Americans Combined

December 7th, 2015
Categories: Economic

Link: http://endoftheamericandream.com/archives/20-super-wealthy-individuals-have-more-money-than-the-poorest-152-million-americans-combined

All of the wealth of the poorest 152 million Americans, it still falls short of the combined net worth of the 20 wealthiest Americans. This is a list that includes Bill Gates, Warren Buffett and Mark Zuckerberg. The real problem is the bottom half of the country is steadily getting poorer.

Oil prices hit 7-year low

December 7th, 2015
Categories: World, Economic

Link: http://www.presstv.ir/Detail/2015/12/07/440749/Oil-prices-low

Crude oil futures have plunged to their lowest level in nearly seven years amid rising concerns over a growing supply glut. Oil prices have plunged by about 60 percent in a year.

Fired over a flu shot: NJ officer workers lose jobs after refusing vaccine or surgical masks

December 7th, 2015
Categories: Economic, Politics, Health

Link: http://www.rawstory.com/2015/12/fired-over-a-flu-shot-nj-officer-workers-lose-jobs-after-refusing-vaccine-or-surgical-masks/

A New Jersey social service agency has followed through with its threat to fire three office workers over their refusal to get a flu shot or, as an alternative, wear a surgical mask while in the company's Burlington Township headquarters.

Foreign investors flee from Turkey

December 7th, 2015
Categories: World, Economic

Link: https://www.rt.com/business/324962-turkey-outflow-lira-economy/

Investors from abroad have withdrawn $7.6 billion in assets this year, according to Bloomberg. This includes $1.4 billion in November. Turkish lira is facing its biggest annual fall since 2008 and is nearing new record-lows, as foreign investment continues to leave the country.

Turkey calls on Russia to cancel the economic sanctions — Turkey's foreign minister

December 6th, 2015
Categories: Economic, Politics

Link: http://tass.ru/en/world/841882

Turkey's Foreign Minister Mevlut Cavusoglu; "We consider it reasonable in the interests of our countries and their future to review those measures and also to cancel them immediately. Otherwise, the said economic measures will affect directly the economies of the countries and will cause negative consequences for the Russian people, no less than for the Turkish people." The relations between Moscow and Ankara worsened as an Turkish Air Force F-16 fighter shot down a Russian Su-24M bomber.

Turkish Businessmen 'Afraid of Erdogan’s Ambitions'

December 6th, 2015
Categories: World, Economic, Politics

Link: http://sputniknews.com/europe/20151206/1031317028/turkey-businessmen-concern.html

Alarmed by President Erdogan’s political adventurism, a group of leading Turkish businessmen has asked the head of the Russian-Lebanese Business Council, Jacques Sarraf, to organize a meeting with their Russian colleagues in Lebanon. said they wanted to safeguard the Russian-Turkish economic relations against President Erdogan’s “irresponsible political decisions.

Finland plans to give every citizen 800 euros a month and scrap benefits

December 6th, 2015
Categories: World, Economic, Politics

Link: http://www.blacklistednews.com/Finland_plans_to_give_every_citizen_800_euros_a_month_and_scrap_benefits/47667/0/38/38/Y/M.html

Finland's government is drawing up plans to give every one of its citizens a basic income of 800 euros (£576) a month and scrap benefits altogether. The proposal would entitle each Finn to 800 euros tax free each month, which according to Bloomberg, would cost the government 52.2 billion euros a year.

Wal-Mart Cries Foul Over 'Astonishing' Tax Increase In Debt-Stricken Puerto Rico

December 5th, 2015
Categories: Economic, Politics

Link: http://www.democraticunderground.com/10141281227

The retailer's Puerto Rican affiliate sued the U.S. commonwealth Friday over legislation that would more than triple the tax bill for large American corporate subsidiaries on the island that import goods from their mainland parent companies; argued in lawsuit the tax hike unfairly burdened the company, as it was the only entity to break into the top tax margin of $2.75 billion in gross revenue. The levy would bring the Wal-Mart unit's total income-tax burden to "an astonishing and unsustainable 91.5 percent of its net income," it said in the suit. Wal-Mart is the largest employer in Puerto Rico.

Running on financial fumes, the Obama Administration now planning on confiscating retirement accounts and pensions across the nation

December 5th, 2015
Categories: Economic, Politics

Link: http://www.naturalnews.com/052210_Obama_Administration_retirement_accounts_financial_collapse.html

Obama is proposing to generate hundreds of billions of dollars in new revenues for the government by taxing your retirement. This year's version of the budget included a number of provisions targeting retirement accounts.

Mexico Bracing for Massive Default That Could Set Off Global Debt Bomb

December 5th, 2015
Categories: World, Economic

Link: http://www.activistpost.com/2015/12/mexico-bracing-for-massive-default-that-could-set-off-global-debt-bomb.html

Mexican corporations are acutely vulnerable to a strengthening dollar and rising U.S. interest rates. Across the planet, there are hundreds of governments – local, state and national – as well as business and households reaching a breaking point; drowning in debt, many are about to default on loan repayments, and thus set off a series of debt crises that will be met with market chaos

Defense Contractors Cite “Benefits” of Escalating Conflicts in the Middle Eas

December 5th, 2015
Categories: World, Middle East, War, Economic, Politics

Link: http://www.commondreams.org/news/2015/12/05/defense-contractors-cite-benefits-escalating-conflicts-middle-east

Major defense contractors Raytheon, Oshkosh, and Lockheed Martin assured investors at a Credit Suisse conference in West Palm Beach this week that they stand to gain from the escalating conflicts in the Middle East; will see “indirect benefits” from the war in Syria providing “a lift.”

Black Friday Indeed: Gun Sales Surge

December 4th, 2015
Categories: World, Economic, Politics

Link: http://sputniknews.com/us/20151203/1031157710/black-friday-gun-sales.html

The FBI processed a record number of firearms background checks on Black Friday, the bureau said on Tuesday.The FBI processed 185,345 background checks – roughly two per second – on the busiest shopping day in the United States. That is about 5% more than the FBI processed on Black Friday in 2014, the Associated Press reported. The FBI conducts background checks for gun purchases from federally licensed dealers and for permits to carry guns.

Russia bans cannot bring Turkey to knees: Davutoglu

December 4th, 2015
Categories: World, Middle East, Economic, Politics

Link: http://www.presstv.ir/Detail/2015/12/04/440321/Turkey-Russia-jet-Syria-Ahmet-Davutoglu-Lavrov-

Turkish Prime Minister Ahmet Davutoglu: “Those who believe that economic sanctions against an honorable nation like Turkey can bring it to its knees will be mistaken, insisting once again that Ankara did not know the nationality of the plane it downed.

Putin seeks alliance to rival TPP

December 4th, 2015
Categories: World, Economic, Politics

Link: https://www.rt.com/business/324747-putin-tpp-bloc-russia/

Russian President Vladimir Putin intends to form an economic bloc, as an alternative to the US-led Trans-Pacific Partnership (TPP). He has asked the government to start making contacts with Asian countries.

Bilal Erdogan: The Real ISIS Oil Minister

December 4th, 2015
Categories: World, Middle East, War, Economic

Link: http://www.activistpost.com/2015/12/bilal-erdogan-the-real-isis-oil-minister.html

Bilal Erdogan owns several maritime companies. He has allegedly signed contracts with European operating companies to carry Iraqi stolen oil to different Asian countries. The Turkish government buys Iraqi plundered oil which is being produced from the Iraqi seized oil wells. Bilal Erdogan’s maritime companies own special wharfs in Beirut and Ceyhan ports that are transporting ISIS’ smuggled crude oil in Japan-bound oil tankers.

Cameron to spend billions bombing and ‘reconstructing’ Syria, so these rich people get richer

December 3rd, 2015
Categories: World, Middle East, War, Economic, Politics

Link: http://www.thecanary.co/2015/12/03/cameron-spend-billions-bombing-reconstructing-syria-rich-people-get-richer/

David Cameron announced one billion pounds from UK taxpayers will go to fund the ‘reconstruction’ of Syria after it has been pummeled by British bombs. The lunacy of pledging to rob the public purse to repair the damage Cameron is so hell-bent on creating is breathtaking until you examine who the plan makes sense for: Cameron’s much loved British companies.

Turkish Opposition MP Set to Reveal Evidence Linking Erdogan to Daesh Oil

December 3rd, 2015
Categories: World, Middle East, War, Economic, Politics

Link: http://sputniknews.com/politics/20151203/1031213958/turkey-daesh-oil-proof.html

Eren Erdem, a lawmaker from the Republican People's Party, Turkey's largest opposition party, revealed he is ready to publicize information next week linking Berat Albayrak, President Erdogan's son-in-law and the Turkish Minister of Energy and Natural Resources, to the Daesh terrorists oil trade.

Russia says it has proof Turkey involved is in smuggling oil from Islamic State

December 3rd, 2015
Categories: News, World, War, Economic

Link: http://www.smh.com.au/world/russia-says-it-has-proof-turkey-involved-is-in-smuggling-oil-from-islamic-state-20151202-gldzki.html

Russian military officials speak to the media in front of aerial images they say are oil trucks near Turkey's border with Syria at a briefing in Moscow on Wednesday. Moscow: Russia's defence ministry said on Wednesday it had proof that Turkish President Tayyip Erdogan and his family were benefiting from the illegal smuggling of oil from Islamic State-held territory in Syria and Iraq.

Moscow may halt Turkish Stream project over downed jet - Gazprom sources

December 2nd, 2015
Categories: World, Economic, Politics

Link: https://www.rt.com/business/324230-gazprom-turkish-stream-cancellation/

Russia could freeze the Turkish Stream gas pipeline project for several years in response to Turkey shooting down a Russian jet in Syria. Turkish Stream gas pipeline is one of the major projects for Russia and Turkey. It aims to deliver Russian natural gas to Turkey via the Black Sea, then further to Southern Europe. The start of construction was scheduled for June but has been delayed.

Prison Officials Spying on Inmates to Find Net Worth, Suing Anyone Worth Over $10K for Stay in Jail

December 2nd, 2015
Categories: Economic, Police State

Link: http://www.alternet.org/news-amp-politics/prison-officials-spying-inmates-find-net-worth-suing-anyone-worth-over-10k-stay

With the ability to read their mail and record their phone conversations, state prisons have increasingly been filing lawsuits against inmates with over $10,000 in assets. Some counties, discontinued their jail’s pay-to-stay program because the cost of employing collection agencies turned out to be more expensive than the fees they were collecting since an estimated 80% of prisoners are indigent.

Russia continues record oil production – energy ministry

December 2nd, 2015
Categories: World, Economic

Link: https://www.rt.com/business/324267-russia-oil-output-opec/

Low oil price has no impact on Russia’s output. Russian oil companies have increased profits and output since the weaker domestic currency has protected their business. The depreciating ruble cut costs and taxes for the companies that generate earnings in US dollars but pay most of their expenses in rubles.

Western firms primed to cash in on Syria’s oil and gas ‘frontier’

December 2nd, 2015
Categories: World, Middle East, War, Economic

Link: https://medium.com/insurge-intelligence/western-firms-plan-to-cash-in-on-syria-s-oil-and-gas-frontier-6c5fa4a72a92#.xi7xfmjxm

US, British, French, Israeli and other energy interests could be prime beneficiaries of military operations in Iraq and Syria designed to rollback the power of the ‘Islamic State’ (ISIS) and, potentially, the Bashar al-Assad regime. A study for a global oil services company backed by the French government and linked to Britain’s Tory-led administration, published during the height of the Arab Spring, hailed the significant “hydrocarbon potential” of Syria’s offshore resources.

Good-Bye To Western Living Standards — Paul Craig Roberts

December 2nd, 2015
Categories: World, Economic, Politics

Link: http://www.paulcraigroberts.org/2015/12/01/good-bye-to-western-living-standards-paul-craig-roberts/

Europeans are being dispossessed of the social welfare systems that made life under capitalism liveable. Simultaneously, the most heavily indebted countries are being looted. The living standards of the populations are being squeezed to death in order to pay off the fraudulent debts incurred by corrupt governments.

Iraq Will File Protest at UNSC if Turkey Confirmed to Be Buying Daesh Oil

December 2nd, 2015
Categories: World, Middle East, War, Economic

Link: http://sputniknews.com/politics/20151202/1031131372/iraq-turkey-oil-trade.html

Baghdad will immediately lodge a protest in the UN Security Council if claims that Turkey is involved in oil smuggling with Islamic State terrorists are confirmed, the Iraqi Defense Ministry said Wednesday.

Russia presents proof of Turkey’s role in ISIS oil trade - Video

December 2nd, 2015
Categories: World, Middle East, War, Economic, Politics

Link: https://www.rt.com/news/324263-russia-briefing-isis-funding/

Russian Defense Ministry has released evidence which it says unmasks vast illegal oil trade by Islamic State and points to Turkey as the main destination for the smuggled petrol, implicating its leadership in aiding the terrorists. According to Deputy Defense Minister Anatoly Antonov, Russia is aware of three main oil smuggling routes to Turkey. Oil “in large quantities” enters Turkey via “live oil pipelines,” consisting of thousands of oil trucks.

Putin: Turkey downed Su-24 to protect illegal oil supplies

December 1st, 2015
Categories: World, Middle East, War, Economic

Link: http://www.pravdareport.com/news/world/01-12-2015/132746-putin_turkey_su-0/

Putin: "We have every reason to believe that the decision to shoot down our aircraft was based on the wish to ensure the safety of those oil delivery routes to Turkey - right to the ports, from where oil is then loaded into tankers referring to Ankara's alleged cooperation with the Islamic State terrorist group for the purpose of "shadow" supplies of "black gold."

Democracy Sold Out To Greed - Video

December 1st, 2015
Categories: World, Economic, Politics

Link: http://www.paulcraigroberts.org/2015/12/01/democracy-sold-out-to-greed/

Every Western government and Washington’s Asian vassal states are totally under the control of private corporations and private interest groups. The corporations govern, and they are in the process of institutionalizing their governance with the Trans-Pacific and Trans-Atlantic Partnerships. The purpose of these “partnerships” is to make global corporations higher than the laws of the “sovereign” countries in which they do business.

Puerto Rico's governor tells US Senate the island cannot repay debts

December 1st, 2015
Categories: World, Economic

Link: http://www.democraticunderground.com/10141275864

Puerto Rico’s governor, Alejandro García Padilla, told the US Senate on Tuesday that the troubled Caribbean island has “no cash left” and can no longer repay its $72bn debts. The territory paid a $354m debt due on 1 December, but Padilla said austerity measures had not only eaten into essential services but caused tax revenues to crater. With more than $900m due in January, the governor said his options were restructuring or disaster.

The United States Believes That It Has an Inalienable Right to Raw Materials in Developing Nations

November 30th, 2015
Categories: World, War, Economic

Link: http://www.truth-out.org/progressivepicks/item/33832-the-united-states-believes-that-it-has-an-inalienable-right-to-raw-materials-in-developing-nations

The main enemy is the indigenous population who attempt to steal our resources that happen to be in their countries, concerned with vague and idealistic objectives such as human rights, raising of the living standards, and democratization; find it difficult to understand that their "function" is to "complement the industrial economies of the West." Unless stopped they may spread virus of independence, freedom, and concern for human welfare.

Town demolishes veteran’s home while he’s away for surgery

November 30th, 2015
Categories: Economic, Politics, Police State

Link: http://govtslaves.info/town-demolishes-veterans-home-while-hes-away-for-surgery/

Philip Williams’ home was demolished in the spring by town officials while he spent six months recuperating from surgical complications in Fort Lauderdale. Hempstead, New York, officials deemed his modest two-story home unfit for habitation, knocked it down. Mortgage, property taxes were up to date.

IMF adds China's yuan to basket of top currencies

November 30th, 2015
Categories: World, Economic

Link: http://america.aljazeera.com/articles/2015/11/30/imf-adds-chinas-yuan-to-basket-of-top-currencies.html

IMF said that the yuan "met all existing criteria" to be included with the U.S. dollar, euro, Japanese yen and British pound as one of the currencies used for the global organization's Special Drawing Rights, which serves as a standard for dealing with the financial reserves of its 188 member governments.

NASA-Funded Study: Over 32 Advanced Civilizations Have Collapsed Before Us, and We’re Next in Line

November 30th, 2015
Categories: World, Economic

Link: http://www.thedailysheeple.com/nasa-funded-study-over-32-advanced-civilizations-have-collapsed-before-us-and-were-next-in-line_112015

History is full of examples that whenever societies reach unsustainable levels of resource consumption and allocation, they collapse. “Collapses of even advanced civilizations have occurred many times in the past five thousand years frequently followed by centuries of population and cultural decline and economic regression.”Western governments borrow money to pay interest on money they’ve already borrowed.

Shortages Ahead: Half of Global Gold Production Is No Longer Profitable

November 29th, 2015
Categories: World, Economic

Link: http://www.activistpost.com/2015/11/shortages-ahead-half-of-global-gold-production-is-no-longer-profitable.html

Paper gold sets the price of real gold, even though paper gold is being backed by less and less real gold. Half of the gold coming from mines may not be viable at current prices. Gold fell to a five-year low on Friday.

France Shutting Down Prepaid Debt Cards

November 29th, 2015
Categories: Economic, Politics, Police State

Link: http://www.blacklistednews.com/France_Shutting_Down_Prepaid_Debt_Cards/47542/0/38/38/Y/M.html

France is using the terror attack as the excuse now to shut down pre-paid debt cards. Terrorists can circumvent any restriction. It is like gun control. Criminal do not buy guns at a store. Like drugs, they are readily available on the streets. Regulations only impact honest people just like debt cads or whatever

Capitalism At Work — Paul Craig Roberts

November 28th, 2015
Categories: World, Economic, Politics

Link: http://www.paulcraigroberts.org/2015/11/28/capitalism-at-work-paul-craig-roberts/

Plummeting living standards have forced large numbers of young Greek women into prostitution. In the US escalating tuition costs, with 75% of the university budget spent on administration, rather than on faculty or student aid, lack of jobs available to graduates that pay enough to service the student loans. Loans were made to corrupt Greek governments who were paid bribes; proceeds often used for purchases from country from which the loan originated.

FDA Won’t Make Food Companies Label GM Plant Foods

November 28th, 2015
Categories: Nature, Economic, Politics, Health

Link: http://www.blacklistednews.com/_FDA_Won%E2%80%99t_Make_Food_Companies_Label_GM_Plant_Foods/47530/0/38/38/Y/M.html

The federal government has decided that Americans don’t need to know what’s in their food. The U.S. Food and Drug Administration (FDA) said recently that it would not require labeling of genetically modified plants that have been approved for sale.

Ankara-Moscow Visa-Free Regime Freeze to Leave Russian Economy Unaffected

November 27th, 2015
Categories: World, Economic, Politics

Link: http://sputniknews.com/russia/20151127/1030884256/visa-turkey-economy-russia.html

Russian Foreign Minister Sergei Lavrov announced Russia would suspend its visa-free regime with Turkey from January 1, 2016. "Some 69,000 [Turkish] citizens indicated ‘tourism’ as the purpose of their arrival [in Russia], about 31,000 arrived on business trips, whereas others came on personal visits.

Turkey’s annual revenues from Russian tourists stood at $10 bln — Russian tourism watchdog

November 26th, 2015
Categories: World, Middle East, Economic, Politics

Link: http://tass.ru/en/economy/839610

Turkey's annual revenues from Russian tourists stood at $10 bln, Head of the Federal Agency for Tourism (Rostourism) Oleg Safonov, the country will "obviously not be receiving those funds anymore." Russia’s Su-24 warplane was downed by an air-to-air missile launched from a Turkish F-16 fighter jet.

Turkey-Russia spat over downed Russian warplane escalates

November 26th, 2015
Categories: World, Middle East, War, Economic, Politics

Link: http://bigstory.ap.org/article/59dd457c1bec4677b9498d792b30f427/turkey-releases-recording-warnings-russian-plane

Turkish president declaring his military will shoot down any new intruder. Russian Defense Ministry prepared to destroy any aerial target that may threaten its warplanes, announced severance of all military ties with Turkey. Russian Prime Minister Dmitry Medvedev ordered sanctions against Turkey, bans on products. Russia was biggest source of Turkish imports last year, worth $25 billion, largest destination for Turkish exports, mostly textiles and food, confiscation of large quantities of Turkish food imports.

Progress made in talks on sale of Russia’s Su-35 fighter jets to China — Defense Ministry

November 26th, 2015
Categories: World, Economic, Politics

Link: http://tass.ru/en/defense/839464

Russian state hi-tech corporation Rostec CEO Sergey Chemezov announced Russia had signed a contract with China on the delivery of 24 Su-35 multifunctional fighter jets to China.

U.S. Working To Keep Up With Surging Weapons Demand: Pentagon

November 26th, 2015
Categories: World, War, Economic, Politics

Link: http://www.democraticunderground.com/10141271848

The U.S. government is working hard to ensure quicker processing of U.S. foreign arms sales, which surged 36 percent to $46.6 billion in fiscal 2015 and look set to remain strong in coming years; Vice Admiral Joe Rixey, Pentagon Defense Security Cooperation Agency.

Lawmakers investigating Walmart-backed bills that would allow employers to opt out of workers comp

November 26th, 2015
Categories: Economic, Politics

Link: http://www.rawstory.com/2015/11/lawmakers-investigating-walmart-backed-bills-that-would-allow-employers-to-opt-out-of-workers-comp/

A national association of state lawmakers has announced that it will investigate a burgeoning effort to let companies opt out of workers’ compensation insurance and write their own plans for how they’ll care for injured workers.

Russian businesses boycott Turkey over jet incident

November 25th, 2015
Categories: World, Middle East, Economic, Politics

Link: https://www.rt.com/business/323400-russia-business-turkey-jet/#.Vlb_vHcCyJk.google_plusone_share

Russia’s largest tour operators are terminating their business with Turkey in response to the Kremlin's travel warning. Russian Foreign Minister Sergey Lavrov canceled his visit to Istanbul over the jet incident, recommended Russians not visit Turkey in the near future. Three million tourists from Russia visited the country last year, could cost Turkey $30 billion a year. Putin warned downing of the Russian warplane will have grave consequences for Russia’s relations with Turkey.

Spending review hands the Queen a 7% pay rise despite cutting billions in public money

November 25th, 2015
Categories: World, Economic, Politics

Link: http://www.mirror.co.uk/news/uk-news/spending-review-hands-queen-7-6900682

The massive rise came thanks to bumper profits from the Crown Estate, which owns 350,000 acres of land across Britain . It also owns a sprawl of London's plush West End including Regent Street, where rents have exploded since the financial crisis. 15% of those profits are handed to the Queen as a sovereign grant,up 19% in three years, part of the annual cost of the Royal family, at £334m." Dozens of people have been kicked out of Crown Estate homes after being told they would have to buy them at inflated prices .

Russian customs unofficially stops the flow of Turkish goods

November 25th, 2015
Categories: World, Middle East, Economic, Politics

Link: http://fortruss.blogspot.ru/2015/11/russian-customs-unofficially-stops-flow.html

Federal customs service said that customs officers gave the order of 100% screening of cargo from Turkey, and then to leave them at the warehouse of temporary storage.

Russia’s Gazprom halts gas delivery to Ukraine

November 25th, 2015
Categories: World, Economic, Politics

Link: http://www.presstv.ir/Detail/2015/11/25/439132/Russia-Ukraine-Gazprom-Alexei-Miller-

Russia’s state-owned gas giant​, Gazprom, has announced halting natural gas supply to Ukraine after Kiev failed to make upfront payments for more supplies.

Lest You Forget: Lavrov Reminds Turkey of Its Involvement in ISIL Oil Trade

November 25th, 2015
Categories: World, Middle East, War, Economic, Politics

Link: http://sputniknews.com/politics/20151125/1030764208/lavrov-cavusoglu-conversation.html

Turkey’s decision to shoot down a Russian bomber involved in an anti-terror mission against the self-proclaimed Islamic State terrorist group means that Ankara has effectively sided with IS. Russian Foreign Minister Sergei Lavrov reiterated Turkey’s role in the terrorist group’s illegal oil trade.

The Crimes of French Imperialism

November 25th, 2015
Categories: World, War, Economic

Link: http://www.truth-out.org/opinion/item/33796-the-crimes-of-french-imperialism

The size of the territory claimed by the French empire in the 19th and 20th centuries was second only to Britain. From North Africa to South-East Asia, the Middle East to the South Pacific, millions were subjugated, repressed and murdered as French rulers scrambled to secure resources and markets for manufactured goods and profitable investments.

Five charged in $600 million California health care fraud scheme

November 25th, 2015
Categories: Economic

Link: http://america.aljazeera.com/articles/2015/11/25/five-charged-in-600-million-california-health-care-fraud-scheme.html

The former chief financial officer of a California hospital and four other people charged in a series of health care kickback schemes that generated nearly $600 million in fraudulent billings for spinal surgeries, prosecutors said on Tuesday.

Russian lawmaker proposes halting economic, diplomatic ties with Turkey

November 24th, 2015
Categories: World, Middle East, War, Economic, Politics

Link: http://tass.ru/en/politics/838939

Russia's State Duma’s International Affairs Committee deputy head Leonid Kalashnikov following the downing of the Russian Su-24 warplane in Syria. "We should immediately freeze economic relations with Turkey, diplomatic ties may be halted as well.

Americans: Pay Your Taxes — Or Lose Your Passport

November 23rd, 2015
Categories: World, Economic, Politics, Police State

Link: http://govtslaves.info/americans-pay-your-taxes-or-lose-your-passport/

New law expected to take effect in January, the State Department will block Americans with “seriously delinquent” tax debt from receiving new passports and will be allowed to rescind existing passports of people who fall into that category. The list of affected taxpayers will be compiled by the Internal Revenue Service using a threshold of $50,000 of unpaid federal taxes.

Turkey: The Country ISIS Uses As A Home Base And Where It Has Sold 800 Millions Dollars Of Oil

November 23rd, 2015
Categories: World, Middle East, War, Economic, Politics

Link: http://endoftheamericandream.com/

ISIS fighters hop back and forth over the Turkish border with impunity, there are “direct dealings between Turkish officials and ranking ISIS members”, and more than $800,000,000 worth of ISIS oil has been sold in Turkey.

IS produces 40-50 million barrels of oil a day — Russian Foreign Ministry

November 20th, 2015
Categories: World, Middle East, Economic

Link: http://tass.ru/en/politics/837942

The Islamic State terrorist group produces 40,000 - 50,000 barrels of oil per day; head of Russian Foreign Ministry’s department for new challenges and threats Ilya Rogachev. UN Security Council Resolution 2199 recognized that illegal oil trade is the main source of income for IS and obligated all States to decisively counteract it."

China buys 24 advanced Russian Su-35 warplanes in estimated $2bn landmark deal - Video l

November 20th, 2015
Categories: World, Economic

Link: http://investmentwatchblog.com/china-buys-24-advanced-russian-su-35-warplanes-in-estimated-2bn-landmark-deal/

China has signed a contract to buy 24 Sukhoi Su-35 multipurpose fighter jets from Russia, becoming the first foreign buyer of the advanced warplane, according to manufacturer Rostec. The deal, estimated to be worth $2 billion, is a significant boost to Russia’s arms exports.

China Cracks $64 Billion `Underground Bank' Moving Money Abroad - Video

November 20th, 2015
Categories: World, Economic

Link: http://www.bloomberg.com/news/articles/2015-11-20/china-cracks-64-billion-underground-bank-moving-money-abroad

China said it cracked the nation’s biggest “underground bank,” which handled 410 billion yuan ($64 billion) of illegal foreign-exchange transactions, as the authorities try to combat corruption and rein in capital outflows that have hit records this year. More than 370 people have been arrested or face other punishment.

Goldman Sachs advises to buy Russian ruble in 2016

November 20th, 2015
Categories: World, Economic

Link: https://www.rt.com/business/322879-ruble-goldman-sachs-currency/

The US investment bank predicts the ruble will be on the list of good performing currencies next year along with the US dollar and the Mexican peso, Bloomberg reports. This week, the ruble has grown three percent.

All companies have slave labour in supply chains, says Tesco

November 20th, 2015
Categories: World, Economic

Link: http://www.smh.com.au/business/workplace-relations/all-companies-have-slave-labour-in-supply-chains-says-tesco-20151119-gl2u34.html

All businesses around the world have some form of slave labour in their supply chains but companies can find ways to eradicate this abuse, says a senior official from Britain's biggest retailer, supermarket giant Tesco. United Nation's International Labour Organisation (ILO) estimates 21 million people globally are in forced labour, generating $US150 billion ($208.5 billion) in illegal profits in the farming, fishing, mining, construction and sex industries.

Report: Some Prescription Drugs Now Cost More Than Household Incomes

November 20th, 2015
Categories: Economic, Health

Link: http://www.alternet.org/news-amp-politics/report-some-prescription-drugs-now-cost-more-household-incomes

Average annual retail cost of certain specialty pharmaceuticals now exceeds the median U.S. household income. These drugs are used to treat complex diseases such as multiple sclerosis, cancer and rheumatoid arthritis.

US ‘responsible’ for civilian deaths in Yemen, HRW says

November 19th, 2015
Categories: World, Middle East, War, Economic, Politics

Link: http://rinf.com/alt-news/latest-news/us-responsible-civilian-deaths-yemen-hrw-says/

Human Rights Watch: The United States should stop selling bombs to Saudi Arabia while the country is engaged in war on the neighboring Yemen; Saudi-led coalition’s indiscriminate air attacks that have killed hundreds of civilians in Yemen since March.

Secrecy and Corruption Seen in Most State Governments in U.S.

November 19th, 2015
Categories: Economic, Politics

Link: http://www.blacklistednews.com/Secrecy_and_Corruption_Seen_in_Most_State_Governments_in_U.S./47416/0/38/38/Y/M.html

Center of Public Integrity and Global Integrity researchers delved into the problems of public corruption, transparency and accountability at the state level. Using a standard A-F grading system, the center assigned 47 state governments a grade D or lower. Only Alaska (C grade), California and Connecticut (both C-) came out acceptably in the grading. 11 states flunked the 2015 State Integrity Investigation because their state governments lack systems to prevent and expose corruption.

Iran-Russia preparing to trade in own currencies

November 19th, 2015
Categories: World, Economic, Politics, Iran

Link: http://www.presstv.ir/Detail/2015/11/19/438336/IranRussia-preparing-to-trade-in-own-currencies-----

Iran said switch to national currencies in transactions between Moscow and Tehran may be completed very quickly. Iran's Deputy Trade Minister Mojtaba Khosrowtaj told Russian media the two countries could start to trade in their national currencies within the next 2-3 weeks.

Iran OKs joint bank with Russia

November 18th, 2015
Categories: World, Economic, Iran

Link: http://www.presstv.ir/Detail/2015/11/18/438226/Iran-OKs-joint-bank-with-Russia

Iran has approved a proposal by Russia to establish a bank for investments in joint economic projects, a deputy co-chair of the Russian-Iranian intergovernmental commission said on Wednesday. The bank will initially focus on investment in bilateral trade and other joint economic projects.

China inks $15bn deal to build nuclear reactors in Argentina

November 17th, 2015
Categories: World, Economic

Link: http://www.presstv.ir/Detail/2015/11/17/438105/China-Argentina-nuclear-deal-reactors-China-National-Nuclear-Corp-CNNC-Nucleoelectrica

A Chinese state-owned company has signed a contract worth nearly $15 billion to finance and build two nuclear power plants in Argentina.

Police Civil Asset Forfeitures Exceed All Burglaries in 2014

November 17th, 2015
Categories: Economic, Police State

Link: http://www.armstrongeconomics.com/archives/39102

Between 1989 and 2010, U.S. attorneys seized an estimated $12.6 billion in asset forfeiture cases. The growth rate during that time averaged +19.4% annually. In 2010 alone, the value of assets seized grew by +52.8% by 2014,$4.5 billion for the year. According to the FBI, the total amount of goods stolen by criminals in 2014 burglary offenses $3.9 billion in property losses. This means that the police are now taking more assets than the criminals.

Stocks Prices for Weapons Manufacturers Rise Sharply After Paris Attacks

November 17th, 2015
Categories: World, Middle East, War, Economic

Link: http://theantimedia.org/stocks-prices-for-weapons-manufacturers-rise-sharply-after-paris-attacks/

Stock prices for weapons manufacturers sharply increased just after the terrorist attacks in Paris last week. Europe, United States promised more military action in the Middle East. Billions of dollars to be made by the people who sell weapons and ammunition to countries at war.

Meet The Family That Just Spent Half Its Annual Income Paying For Obamacare

November 16th, 2015
Categories: Economic, Health

Link: http://www.zerohedge.com/news/2015-11-15/meet-family-just-spent-half-its-annual-income-paying-obamacare

Kevin Fanning, 59 Texas,I was paying for insurance I could not afford to use, dropped his policy. David R. Reines, 60, Jefferson Township, N.J.,“We have insurance, but can’t afford to use it. ”More than half the plans offered for sale through HealthCare.gov, the federal online marketplace, have a deductible of $3,000 or more. In Miami, median deductible, according to HealthCare.gov, is $5,000. In Jackson, Miss. the figure is $5,500. Anne Cornwell Chattanooga, Tenn. $10,000 deductible, income about $32,000 a year.

Even the liberal New York Times now admits Obamacare prices are skyrocketing

November 16th, 2015
Categories: Economic, Politics, Police State, Health

Link: http://investmentwatchblog.com/even-the-liberal-new-york-times-now-admits-obamacare-prices-are-skyrocketing/

Some of the law’s biggest cheerleaders now admit the tsunami of higher monthly insurance premiums coupled with colossally higher deductions (which dramatically boost out-of-pocket expenses) are hurting Americans. Tennessee, state insurance commissioner approved a 36 percent rate increase. Minnesota, officials approved increases averaging 49 percent for Blue Cross and Blue Shield. Candidate Obama was promising his health reform plan would lower premiums by $2,500 a year.

Made in Russia: IT Company Develops New Leaner, Meaner Office Suite

November 16th, 2015
Categories: World, Economic

Link: http://sputniknews.com/science/20151116/1030178768/russian-office-suite.html

In line with the growing 'buy domestic' trend which has swept Russia over the past two years, developers have created a home-grown suite of office applications designed as an alternative to popular Western products such as Microsoft Office; plans to capture one-fifth of the market in Brazil, Latin America, and Europe.

Putin: ISIS financed from 40 countries, including G20 members

November 16th, 2015
Categories: World, Middle East, War, Economic, Politics

Link: https://www.rt.com/news/322305-isis-financed-40-countries/

Putin: During the summit, “I provided examples based on our data on the financing of different Islamic State (IS, formerly ISIS/ISIL) units by private individuals. This money, as we have established, comes from 40 countries and, there are some of the G20 members among them.”"I’ve shown our colleagues photos taken from space and from aircraft which clearly demonstrate the scale of the illegal trade in oil and petroleum products." “The motorcade of refueling vehicles stretched for dozens of kilometers, so that from a height of 4,000 to 5,000 meters they stretch beyond the horizon."

Putin: Asian States Account for 90 Percent of Foreign Investment in Russia

November 15th, 2015
Categories: World, Economic

Link: http://sputniknews.com/business/20151113/1030064801/putin-asia-investing-in-russia.html

Russia's common investment platforms with China, India, South Korea and the Gulf states have been important in attracting Asian investment into Russia, Putin said, citing the BRICS New Development Bank and the Asian Infrastructure Investment Bank as examples.

Obama has done everything to ramp up tensions with Russia. And Putin is responding, Russia’s threats?

November 15th, 2015
Categories: World, Middle East, War, Economic, Politics

Link: http://investmentwatchblog.com/obama-has-done-everything-to-ramp-up-tensions-with-russia-and-putin-is-responding-russias-threats/

US-created ISIS destroys Russian civilian airliner. US sends F-15s to Turkey to engage Russian jets. Oil has dropped $80 a barrel as US attacks Russia’s main export, energy. US and its European allies have imposed sanctions against Russia. US sends new nuclear weapons to Germany. US keeps dropping ammunition to Syrian rebels to better engage the Russians. Putin has been demonized as an insane mass-murderer by the free and fair press of the West. So who is threatening whom?

The US Government Will Make A Record $51 Billion Off Student Loan Debt This Year

November 15th, 2015
Categories: Economic

Link: http://www.businessinsider.com/student-loans-net-51-billion-profit-2013-5

The government is poised to pocket a record $51 billion profit from federal student loan borrowers this year, according to a report by the Congressional Budget Office. "Exxon Mobil Corp., reported $44.9 billion in net income last year. Apple Inc. recorded $41.7 billion profit in 2012, JPMorgan Chase, Bank of America, Citigroup and Wells Fargo reported a combined $51.9 billion in profit last year."

In Oregon There Are Now More Marijuana Shops Than Starbucks Or McDonalds

November 14th, 2015
Categories: Economic

Link: http://www.zerohedge.com/news/2015-11-14/oregon-there-are-now-more-marijuana-shops-starbucks-or-mcdonalds

There are 281 marijuana businesses in the state, Starbucks have 248 and McDonald’s. have 205 locations.

Over $1 Trillion Spent Since Nixon Began The War On Drugs

November 12th, 2015
Categories: Economic

Link: http://www.blacklistednews.com/Over_%241_Trillion_Spent_Since_Nixon_Began_The_War_On_Drugs/47276/0/38/38/Y/M.html

Since Richard Nixon declared a war on drugs in June 1971, the cost of that “war” had soared to over $1 trillion by 2010. Over $51 billion is spent annually to fight the drug war in the United States.

Russia to loan IrRussia to loan Iran $7bn an $7bn

November 12th, 2015
Categories: World, Economic, Iran

Link: https://www.rt.com/business/321693-iran-russia-loan-trade/

According to Russian Energy Minister Aleksandr Novak, Iran asked Russia for a loan of $5 billion for infrastructure projects, mostly likely electrical power generation and the development of railways. The loan is expected to boost trade between the two countries.

Global Trade Dramatically Collapsing: “Next Major Downturn Has Officially Arrived”

November 11th, 2015
Categories: World, Economic

Link: http://www.shtfplan.com/commodities/global-trade-dramatically-collapsing-next-major-downturn-has-officially-arrived_11112015

The real economy on the ground level is hurting badly. The numbers for commodities, global shipping and trade are all down so far that they indicate a major recession or worse, and the likelihood that darker times are still ahead. Never before in history has global trade collapsed this dramatically outside of a major worldwide recession.

Chinese companies are starting to default on their debt

November 11th, 2015
Categories: World, Economic

Link: http://govtslaves.info/chinese-companies-are-starting-to-default-on-their-debt/

Chinese cement manufacturer will default on a 2 billion yuan ($314 million, £207 million) domestic bond on Thursday, as cracks begin to show in the country’s mountain of corporate debt. Sixth Chinese company to fail to pay back domestic creditors this year

Russia prepares deals to sign with Iran

November 11th, 2015
Categories: World, Economic, Politics, Iran

Link: http://www.presstv.ir/Detail/2015/11/11/437250/Russia-prepares-deals-to-sign-with-Iran

Russia said on Wednesday that it has prepared a series of agreements to promote cooperation with Iran in various areas, will concern animal husbandry, agriculture, mining, banking, and visa and customs regulations among other areas. Oil, gas and petrochemicals as well as construction of power plants and railways are some of the other areas reserved for discussion.

Russia’s Offensive in Syria Drives Up Global Demand for Russian Arms

November 11th, 2015
Categories: World, Middle East, War, Economic

Link: http://sputniknews.com/russia/20151110/1029881500/russian-campaign-syria-arms-export.html

"Potential buyers can see how Russian military equipment works not at arms shows, but in real life. In 2014, Russia arms exports reached $15 billion. Russian Prime Minister Dmitry Medvedev said Russia intended to increase its arms exports.

The fight against 15: Republicans in debate oppose minimum wage hike

November 11th, 2015
Categories: Economic, Politics

Link: http://america.aljazeera.com/articles/2015/11/11/the-fight-against-15-republicans-in-debate-oppose-hike-in-minimum-wage.html

Fox’s Neil Cavuto, asked if the billionaire businessman was supportive of a $15-an-hour minimum wage. “I can't be, Neil,” said Trump, who, after mentioning his “tremendous” tax plan, added, “wages are too high.” The partisan audience burst into applause.

UK the new Caymans? Tiny Welsh town goes offshore

November 11th, 2015
Categories: World, Economic

Link: https://www.rt.com/business/321564-crickhowell-offshore-wales-uk/

The small town of Crickhowell in Wales is using the same loopholes as corporate giants like Amazon and Starbucks to turn their entire town into an offshore haven. The tax rebellion could spread throughout the entire UK.

Dear Striking Fast-Food Workers: Meet The Machine That Just Put You Out Of A Job

November 10th, 2015
Categories: Economic

Link: http://www.zerohedge.com/news/2015-11-10/dear-striking-fast-food-workers-meet-machine-just-put-all-you-out-job

San Francisco start up Momentum Machines are out to fully automate the production of burgers with the aim of replacing a human fast food worker. The machine can shape burgers from ground meat, grill them to order with the specified amount of char, toast buns, add tomatoes, onions, pickles, place it on a conveyor belt and deposit the completed burger into a bag.

'Impossible Becoming Possible' as Clean Energy Surges

November 10th, 2015
Categories: Nature, Environment, World, Economic

Link: http://www.commondreams.org/news/2015/11/10/impossible-becoming-possible-clean-energy-surges

Offering a "clear sign that an energy transition is underway," renewable energy comprised nearly half of the world's power generation capacity in 2014 and is already the second-largest electricity source on the planet after coal, according to a new report published Tuesday by the International Energy Agency (IEA).

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