Financial institutions are offering borrowers aged up to 75 home loans leaving them with debts that they will be paying off until they are 105. Increasing number of retirees getting into financial difficulty and taking on mortgages later in life.
Tyler Cowen writing in the New York Times, came up theory to explain the "continuing slowness of economic growth in high-income economies." In his own words: "An additional explanation of slow growth is now receiving attention, however. It is the persistence and expectation of peace."
The sun has had three major "X-Class" solar flares on its surface in the past two days that have affected communications on Earth. The “solar events” caused brief blackouts in high frequency communications when they struck, twice on Tuesday morning and once this morning.
Ukrainian President Petro Poroshenko has called on fighters to lay down their arms as the crisis deepens, with dozens dead, hundreds wounded and tens of thousands of refugees. In the last few days, 20,000 people have crossed the border into Russia.
George Orwell, novelist, essayist, journalist and critic, was born 111 years ago on June 25th. His novel 1984, a disturbing reminder of the dangers of excessive state power, remains gripping and popular, as does his allegorical novel Animal Farm.
The Jamaican government has decided to decriminalize the possession of small amounts of marijuana, joining the trickle of countries moving to soften laws on the drug known on the Caribbean island as “ganja.”Minister of Justice Mark Golding made the announcement at an afternoon news conference.
20 militants seeking integration with European Union stormed public prosecution office in the Ukrainian capital Kiev. Attack aimed at purging building of activists from Right Sector party. Ousted President Victor Yanukovych labeled Right Sector party extremist, threatened members with imprisonment.
Ukraine’s prime minister ordered gas companies to prepare for possibility of Moscow cutting off gas supplies in next three days over disputed bills. EU-mediated talks failed after Ukraine refused Russian President Vladimir Putin’s offer of price of USD 385 per 1,000 cubic meters.
Cities shelled, bombarded with heavy artillery, incendiary bombs. Ukrainian jets launching missiles at central city buildings, every night shootings, explosions, rockets. Thousands of eastern Ukrainians are flowing into Russia’s cities and regions.
The city of Mariupol in eastern Ukraine has seen fierce fighting, with casualties reported as the National Guard attacked the self-defense forces' headquarters. Kiev says the city, part of the self-proclaimed Donetsk People’s Republic, has been reclaimed.
Ukrainian armored vehicle crossed Russian border with Ukraine Friday according to Russia’s Security Service. The military abandoned the vehicle and returned to Ukraine. Russian Foreign Ministry “illegal act” will not promote peaceful resolution of the conflict, demanded an end to “provocations.”
Scientists have created a life-threatening virus that closely resembles the 1918 Spanish flu strain that killed an estimated 50m people in an experiment labelled as "crazy" by opponents. US researchers said the experiments were crucial for understanding the public health risk posed by viruses.
The measure, complies with new European Union rules meant to ensure that all member states use the same methodology to estimate the size of their economy. Britain and Italy announced they would start including revenues from drug trafficking and prostitution in their GDP calculations.
A pro-Russia leader in Donetsk People's Republic escaped an assassination attempt. Car belonging to Denis Pushilin was blown up, wounding three bodyguards. Pushilin, chairman of the Donetsk People's Republic’s supreme council, was not in the vehicle when the explosion took place.
Russia has accused Ukraine of using prohibited weapons against civilians during military operations to regain the pro-Russian militias' stronghold of Slavyansk, refugees, children, houses, orphanage targeted in the operations. Officials in Kiev denied the allegations.
5000 Ukrainian citizens fleeing civil war applied for asylum in Russia, many asking authorities to prolong their visa-free stay, Russia’s Federal Migration Service: top priority is setting up, maintaining refugee camps. Russia receiving little help from international humanitarian organizations
Brazilian police have used teargas and stun grenades in San Paolo clashing with about 200 protesters angry with the govt overspending on the 2014 FIFA World Cup. This occurred hours before the tournament’s opening game to be held in the city.
Residents of Slavyansk were awoken overnight by what they say were incendiary bombs dropped on their city by Kiev’s military. Witnesses suggest the bombs might be phosphorous. Village of Semyonovka, in Slavyansk suburbs, set ablaze, ground didn't stop burning for some time.
a nation bordering China and South of Kazakhstan, Kyrgyzstan, decided to become one of the first countries in the world to ban all GMO crops as well as the sale and importation of genetically modified organisms.
"Two buses taking children out of Slavyansk were attacked near the village of Raygorodok 3 km east of the city. The buses were under white flags. One of the buses turned over, an elderly woman inside broke an arm. The children from that bus were put on the other one and taken back to Slavyansk,"
Iraq edged closer to all-out sectarian conflict on Thursday as Kurdish forces took control of a provincial capital in the oil-rich north. Forces of the Shiite-dominated government of Prime Minister Nouri al-Maliki abandoned their posts and fled in fear of advancing Sunni militants.
Beer ingredients are a secret not required by the FDA to disclose them, MillerCoors company caught deceiving the public over use of corn syrup from genetically modified corn. means you are financially supporting Monsanto, the most-hated corporation in the world, most evil commercial entity on planet.
Nigeria's main relief organization says the ongoing unrest in the northeast of the country has forced thousands to flee their homes over the past week. Over 6,000 displaced. Officials say violence instigated by Takfiri group Boko Haram, carried out a string of terrorist attacks.
Four former Blackwater Worldwide security guards put on trial in the United States charged with killing 14 Iraqi civilians, wounding 18 others using gunfire, grenades at Baghdad intersection September 16, 2007. Iraqis believe US allowed Blackwater mercenaries to commit war crimes with impunity.
/ITAR-TASS/. The Ukrainian army on Wednesday resumed their mortar shelling of the eastern Ukrainian city of Slavyansk, a representative of the people’s militia of the self-proclaimed Donetsk People’s Republic (DPR) said Wednesday.
. More than 200 people have been killed during the military operation in south-eastern Ukraine, the country’s parliament-appointed Healthcare Minister Oleh Musiy told the media on Wednesday. 14 children are among them.
“The LPR Supreme Council, municipal, regional congresses of people’s deputies, public unions are addressing the Russian Federation another 14 states asking decision on recognizing the independence of LPR as a sovereign independent state,”
One out of three grocery workers in California is receiving some type of public assistance. Safeway and Albertsons chains in particular using profits to enrich investors instead of reward employees, Costco paying its workers comparatively well.
Britain is deploying 90 additional military personnel in Bosnia and Herzegovina to “foresee, monitor and prevent civil unrest” in the country, the British Ministry of Defense (MoD) announced. Two reconnaissance platoons will be sent to Bosnia and Herzegovina for up to six months.
Undeterred by the conflict triggered by Ukraine’s swing towards Europe, the former Soviet republics of Moldova and Georgia will sign a trade and political pact with the European Union this month with Russia warning both countries against the move.
John Johnston, who is challenging Democratic state Rep. Chuck Moseley for the 10th District seat, said during a social media discussion on poverty that “no one has the guts to just let them wither and die. Didn’t advocate the end to programs such as welfare or food stamps.
Uganda said Wednesday that a new cult-like rebel army has been formed with financial support from Western "individuals," according to dpa reports. The funding for the newly organized rebel group comes from the US, UK, Canada and Australia, the Uganda police spokesman claims.
American special operations units permanently deployed in Eastern Europe are no longer just on the Pentagon’s wish list. About 100 instructors are set to train spec ops teams in former Soviet bloc states to ‘message’ Moscow over the conflict in Ukraine.
Australian Defence Minister David Johnston: US, Australia and Japan very concerned unilateral action is destabilising region of the South China Sea particularly, and East China Sea.”Committee hearing about Australia being on front line of war between US and China or between Japan and China.
Illegal immigrants are reportedly signaling federal officials to detain them once they are near the U.S.-Mexico border, as Immigration and Customs Enforcement (ICE) officials have declared they may not pursue all illegal immigrants who do not show up for hearings after they enter the country.
New president of Ukraine, Petro Poroshenko, welcomed a delegation of secret services from Atlanticist countries, headed by CIA Director of the National Service of Covert Operations, Frank Archibald. Poroshenko and Archibald signed “Agreement on Military Cooperation between the U.S. and Ukraine.
Press TV; Ukrainian refugees launched online campaign demanding end to Ukraine’s military operations in the country. Women and children sheltered in a children’s summer camp in Russia took to Twitter, using “#don’t kill us,” call on Ukraine’s new President Petro Poroshenko to end the operations.
Russia and Ukraine have resumed gas supply talks in the Belgian capital, Brussels, in a bid to avert a gas crisis in Europe. Russian Energy Minister Alexander Novak and his Ukrainian counterpart, Yuri Prodan, began talks Wednesday, mediated by European Union Energy Commissioner.
As one of the preconditions to authorizing close to $300 million in aid, the United States is pressuring El Salvador to purchase genetically modified seeds from Monsanto instead of non-GM seeds from local farmers.
Police in Chile have clashed with tens of thousands of students protesting against the government’s educational reforms. Police used teargas and water cannons to break up the rally which was held in front of the presidential palace in Chile’s capital Santiago on Tuesday.
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