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The Arms Industry Will be Pleased
Of recent there have been reams of newsprint devoted to the 10th anniversary of the U.S. invasion of Afghanistan; and its cost, not the least in human lives. Who profits is to be found in the small print. With escalating violence tearing that nation apart...
Dark Clouds over the Global Economy
By Raul de Sagastizabal The downgrade of American bonds along with the problems of the European over-indebtedness increases the fear of a recession or a sharp slowdown in the global economy. Much of the market turmoil responds to the fear of investors,...
What is Hot Money?
By Raul de Sagastizabal Hot money is the “purely speculative money,” which enters into an economy or an economic sector in order to earn a short-term and/or huge profit and leave quickly, as long as it finds more profit elsewhere. Hot money refers...
WikiLeaks Announces a “New World, where Global History is redefined”
As WikiLeaks founder Julian Assange is facing an international arrest warrant over rape allegations, the whistleblower website announces a new mega-leak containing 2.8 million documents. WikiLeaks announced via Twitter on Sunday “The coming months...
Thousands Demonstrate Against G-20 Summit in Seoul
Thousands have taken to the streets on Thursday in Seoul, South Korea, to protest against world leaders currently attending the G20 summit in the South Korean capital. Protest organizers announced that 3,000 had turned up in the early hours of the day...
Television Lies: The Insider’s View
Veteran television journalist, Martin Bell, is scathing about the lack of integrity in his profession. The newscaster says: “Those of us who have been in TV a long time know that the work of some of its legends includes reports that were outright...
Russian Scientists Accuse the U.S. of Provoking the Heatwaves Sweeping the Country Using Weather Weapons
Fire and Smoke in Western Russia on August 4, 2010 According to Russian scientists the origin of the heatwave currently sweeping the country would be Alaska, in a room heavily guarded by the Navy and the U.S. Air Force where rows of antennas are aligned....
Castro To Warn of Imminent Nuclear War at National Assembly
According to state media reports, Fidel Castro, former leader of Cuba is set to address the country’s National Assembly on Saturday 7th August to warn of an imminent nuclear war involving the U.S., Israel and Iran. The former leader had formally...
Japan Tanker Explosion near Strait of Hormuz
A Japanese oil tanker was damanged in an explosion Wednesday as it was near the Strait of Hormuz. The explosion left one crew member injured. According to statements from Japan’s Ministry of Transport, the explosion could have been an attack. The...
