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The danger of local armed conflicts along Russia’s borders exploding into full-scale nuclear war has grown following the collapse of the Soviet Union, Russia’s chief of staff said on Thursday. General Nikolai Makarov told the Russian Public Chamber there is a dangerous level of mistrust with former Soviet states that border the country. “The possibility of local armed conflicts virtually along the entire perimeter of the border has grown dramatically,”Makarov said. “I cannot [...] Another “Flash Crash” in the financial markets could happen at any moment because of high frequency trading, warns former hedge fund analyst David Lauer. These disasters are causing retail investors to flee the equities market – $283B already since the Flash Crash in May 2010 – and their flight during a period of incredible stock market returns is a sure sign this exodus is a result of mistrust rather than [...] The decision announced yesterday to cut back on joint operations undertaken by international and Afghan forces raises crucial questions about the key plank of the exit strategy from the 11-year war which has proved costly in lives and money. The move is also a significant propaganda coup for the insurgents, coming just after their assault on Camp Bastion which resulted in the destruction of warplanes worth $200m. For the British and [...] Mistrust, international military buildups, and competing territorial claims bring plenty of tension to a vital waterway that China considers an internal sea. Of all the potential flashpoints that could explode into full-scale hostilities between the United States and the People’s Republic of China, one of the most dangerous would be a confrontation in the South China Sea. That channel between the Pacific and Indian Oceans is the site of intense nationalistic, [...] From FT: Eurozone leaders have decided to create a banking union to help break the vicious circle between banking fragility and state insolvency. This is a bold move and an adequate response to the growing financial fragmentation of the European currency area. Last week the European Commission tabled its proposals for a single supervisory mechanism. Discussions on concrete proposals will start soon. They are bound to be highly complex, technical and [...] The United States has slipped further down a global ranking of the world’s most competitive economies, according to a World Economic Forum (WEF) survey released on Wednesday. The world’s largest economy, which was placed 5th last year, fell two positions to the 7th spot – marking its fourth year of decline. A lack of macroeconomic stability, the business community’s continued mistrust of the government and concerns over its fiscal health were some [...] Right now, all eyes remain trained on Europe. If Germany were to overplay its hand within the eurozone, the common currency could collapse. That would throw the $600 trillion derivative market into panic, threatening the viability of most of the Western world’s prime banks, commercial enterprises, and even governments. Judged by recent experience, it would likely lead initially to a surge in the US dollar as investors sought perceived ‘safety.’ Indeed, foreigners [...] From The Burning Platform: … Not only are our recent booms and busts not unique, but they have a common theme with all previous busts – greedy bankers, excessive debt, non-enforcement of regulations, corrupt public officials, rampant fraud, and unwitting dupes seeking easy riches. Those in the know use their connections and influence to capture the early profits during a boom, while working the masses into frenzy and providing the excessive leverage [...] Mike “Mish” Shedlock Cristobal Montoro, the Spain’s finance minister has made a liquidity destroying proposal to tax short-term financial transactions at an astonishing 56% tax rate. Businesses are already upset over hikes in the VAT and have threatened to leave Spain. Interestingly, in spite of raising taxes elsewhere, the VAT was lowered on the highly subsidized renewable energy sector. Why? Here is the answer: “Secretary of State for Finance, Ricardo [...] RT.com Tehran plans to deploy “light submarines” to the Caspian Sea, Iranian Navy top brass has told Fars news agency. The Persian country appears to be gearing up its forces in the oil-rich waters, where shelf boundaries still remain somewhat vague. Adm. Abbas Zamini says Iran is to dispatch light submarines to the Caspian Sea, reads the Saturday report by the semi-official Fars news agency. Zamini did not elaborate on [...] Kurt Nimmo Billionaire Mortimer Zuckerman’s The Atlantic has conducted a poll with the Rockefeller and Ford (CIA) Foundation funded Aspen Institute and Penn, Schoen & Berland, a Bill Clinton connected market research and Democrat propaganda outfit. Eisenhower warns about the military industrial complex. Not surprisingly, the poll “finds widespread mistrust of governing elites and an aversion to spreading U.S. norms abroad,” according to Conor Friedersdorf. “51 percent said America should neither try to spread its values nor [...] J. D. Heyes (NaturalNews) There’s plenty of economic uncertainty to go around these days, and most of us know that the banking industry has taken it on the chin these past few years. But is it so bad that it’s time to start stuffing mattresses with cash? Yes, say an increasing number of Americans. As the economic morass continues on a number of levels for tens of millions of [...] Hugh Macknight Doctors fighting to deliver life-saving vaccines to the developing world have criticised British mothers who refuse to vaccinate their children. Ghana has celebrated the introduction of two new vaccines to prevent pneumonia and diarrhoea – two of the biggest killers of children worldwide. [...] Teams of medics have begun delivering the vaccines to infants in health centres across the West African nation in an immunisation programme driven by [...] WASHINGTON (AP) — The military is under-reporting the number of times that Afghan soldiers and police open fire on American and other foreign troops. The U.S.-led coalition routinely reports each time an American or other foreign soldier is killed by an Afghan in uniform. But The Associated Press has learned it does not report insider attacks in which the Afghan wounds — or misses — his U.S. or allied target. It also [...] Sara Nunnally: We are not in aneconomic recovery. We are in a weak-dollar-fueled market rally that everyone should mistrust. I hope you all had a wonderful holiday, and your kids and grandkids found all the Easter eggs… There’s nothing like leaving a floater around and not finding it until August! But if that were your biggest problem, then you’d consider yourself lucky. Unfortunately, it’s not, and for Main Street and regular investors like you and me there’s [...] NEW YORK (CBSNewYork) — There were frantic efforts at the United Nations on Tuesday to avoid a Friday face-off over Palestinian statehood. With the clock ticking toward a showdown, Israel floated the possibility of an “interim solution” to allow the Palestinians to establish a state within existing borders in Gaza and the West Bank and deal with all the tough stuff later, reports CBS 2’s Marcia Kramer. “This is one possible solution [...] NEW YORK (CBSNewYork) — There were frantic efforts at the United Nations on Tuesday to avoid a Friday face-off over Palestinian statehood. With the clock ticking toward a showdown, Israel floated the possibility of an “interim solution” to allow the Palestinians to establish a state within existing borders in Gaza and the West Bank and deal with all the tough stuff later, reports CBS 2’s Marcia Kramer. “This [...] by Egon von Greyerz – August 2011 The Stealth Market in Gold Gold has gone up for 12 straight years in a stealth market. In the last ten years gold has had a compound annual growth of 20.5%. This is an absolutely outstanding return but investors should not look at gold as an investment but as money. Gold reflects governments’ deceitful actions in totally destroying the value of paper money by [...] ISLAMABAD (Reuters) – A suicide bomber killed 24 people in Pakistan on Thursday in the latest militant attack since the death of Osama bin Laden which has angered Pakistan and led to a call for the United States to withdraw some of its military trainers. The killing of bin Laden by U.S. special forces in a Pakistani town on May 2 has sparked a wave of militant [...] Washington: President Barack Obama’s promised trip to Pakistan this year, once seen as a reward for a key ally in the fight against terrorism, is now a looming headache for the White House as it tries to determine whether the government in Islamabad was complicit in allowing Osama bin Laden to live for years within the country’s borders. Obama told Pakistani officials in the fall that he planned to [...] Islamabad, Pakistan (CNN) — A suspected U.S. drone struck and killed targets in Pakistan’s tribal region Friday, the first such attack since American troops killed al Qaeda leader Osama bin Laden north of Islamabad earlier this week. Two Pakistani intelligence officials told CNN that 12 suspected militants were killed in the assault in the Data Khel region of North Waziristan, one of the seven districts [...] Chernobyl: Consequences of the Catastrophe for People and the Environment. This is the “Forward” as an opening salvo : - More than 22 years have passed since the Chernobyl catastrophe burst upon and changed our world. In just a few days, the air, natural waters, flowers, trees, woods, rivers, and seas turned to potential sources of danger to people, as radioactive substances emitted by the destroyed reactor fell [...] I have very almost completed reading this book. It is highly relevant to this thread, and a must read by all those concerned … Chernobyl: Consequences of the Catastrophe for People and the Environment. PDF This is the “Forward” as an opening salvo : - More than 22 years have passed since the Chernobyl catastrophe burst upon and changed our world. In just a few days, the air, natural [...] You really can’t make this up: the WSJ reports: As market sentiment toward the euro zone sharply deteriorates, European officials are planning a new round of bank “stress tests” that they say will be more rigorous than the widely discredited exams conducted earlier this year. But the tests are already subject to bickering between countries. While some European leaders are pushing for next year’s tests to be [...] by Victor Cook http://en.wikipedia.org/wiki/Japanese_war_crimes The Chinese and Koreans are still very offended by Japanese war crimes such as Unit 731 human experimentation and live autopsies, the Rape at Nanking, the thousands of comfort women, etc. Worse off, Japan as YET to apologize for these crimes – instead, they whitewashed their textbooks and removed any mention of those occurrence. It seems that fate is not without a sense of irony – that the Japanese [...] |
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