Biggest slowdown in Chinese manufacturing in 6yrs.
In the US, Wall Street had its biggest one-day drop in four years on Friday leaving the Dow industrials more than 10 percent below a May record.
The global stock market sell-off that began last week with China’s surprise decision to devalue its currency escalated on Thursday and Friday in a wave of near-panic selling, plunging markets from Asia and Europe to the US and Latin America into negative territory for the year.
While US interventionists continue to promote a collection of policies that have repeatedly failed, China and Russia are acting as a magnet for forces of "the rest" aiming to build an entirely new economic infrastructure.
Monsanto has been warned, and Syngenta already moved their operations outside the county. Notice was given by Josephine County, Oregon that citizens are very serious about the GMO ban (Measure 17-58) that was passed last year. The cultivation of GMO crops will not be tolerated. Biotech companies have until September 4th, to either harvest their crops or destroy them, or face monetary penalties.
The United States has far exceeded the horrific tolls of the gulags. US prison system total is higher than 19 million, more than the 18 million locked up in the gulag system over those forty years. The private prison companies, rely on a certain number of inmates for free slave labor industry.
United States legitimising the use of cluster bombs – banned by an international convention – by Saudi Arabia and its allies in Yemen. U.S. State Department spokesman John Kirby told reporters: “If used appropriately, there are end-use regulations regarding the use of them. When used appropriately and according (to) those end-use rules, it’s permissible.”
The 'Asset Development Plan' for Greece is out and it's all go for the privatization of the country. Hellenic sea ports, air ports, motorways, petroleum companies, water and gas supply, real estate, holiday resorts - it's all for sale. Debt laden Greece has been forced to sell the family silver in an all too familiar tale with ancient history repeating itself. The Hellenic Public Asset Development Fund has been published by German Green MEP Sven Giegold who said the Greek people "hardly know" what will be sold off and that they have "the right" to know.
Wall Street opens lower amid heavy selling across Asia-Pacific and European markets as new data deepens concerns about China’s spluttering economy
A succession of devaluations in China's yuan focused attention on the country's weakening economy. A succession of devaluations in China’s yuan focused attention on the country’s weakening economy.
Throughout the world there is great relief and optimism about the nuclear deal reached in Vienna between Iran and the P5+1 nations, the five veto-holding members of the U.N. Security Council and Germany. Most of the world apparently shares the assessment of the U.S. Arms Control Association that “the Joint Comprehensive Plan of Action establishes a strong and effective formula for blocking all of the pathways by which Iran could acquire material for nuclear weapons for more than a generation and a verification system to promptly detect and deter possible efforts by Iran to covertly pursue nuclear weapons that will last indefinitely.”
The State Duma’s vice speaker has asked the Russian government to ban the use of the Windows 10 OS among Russian civil servants over fears the American software may give access to classified information and Russian officials’ personal data.
One has to choose: Binyamin Netanyahu is either incredibly shrewd or incredibly foolish. Take his Iran policy. Actually, there is little to choose from. Netanyahu has no other policy to speak of.
Sunrise Globe Earth Planet Space - Public DomainWe witnessed something truly historic happen on Friday. The Dow Jones Industrial Average plummeted 530 points, and that followed a 358 point crash on Thursday. When you add those two days together, the total two day stock market crash that we just witnessed comes to a grand total of 888 points, which is larger than any one day stock market crash in U.S. history.
The 'Asset Development Plan' for Greece is out and it's all go for the privatization of the country. Hellenic sea ports, air ports, motorways, petroleum companies, water and gas supply, real estate, holiday resorts - it's all for sale. The selling of Greek assets to raise $56 billion (€50bn) was demanded by Greece's creditors, the Troika
Global stocks plunged Thursday as fears of a world economic slowdown mixed with concerns over a destabilization of global exchange rates and mounting geopolitical tensions. US stocks staged their sharpest one-day selloff since February 2014, hitting six-month lows and wiping out all their gains over the past year.
Russia is not aiming to match the much richer US in every area. Instead it aims to create an advantage in a few key areas.
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