Derivatives Are Manipulated Runaway derivatives – especially credit default swaps (CDS) – were one of the main causes of the 2008 financial crisis. Congress never fixed the problem, and actually made it worse. The big banks have long manipulated…
Category: UK
Yves here. Even though monied dynasties have long had outsized influence in the US, Steve Fraser contends that billionaires and their scions like the Koch brothers, the Walton heirs, and Sheldon Adelson wield…
Yahoo reports that it is on the verge of releasing 1,500 pages of documents related to a long court battle over its participation in the PRISM program, a National Security Agency program revealed last summer as part of…
Marina Silva is a presidential hopeful running on the Socialist Party ticket. Her personality attracted the attention of CIA in the mid-1980s when she was attending the Federal University of Acre. Back then she was…
The next volunteers who want to fight with the ‘Global oligarchy’ came to Donbas. This time they are French. People from Serbia, Spain, Germany, France, Polish, Israel, the United Kingdom and Greece already fought with…
Russia has: Proved that the EU and Russia are inextricably linked; Regained its only warm-water port; Regained Crimea (Even Ukraine’s no longer asking for its return); Added two-thirds of the Ukraine navy, with…
Approximately 3.3 million Iraqis, including 750,000 children, were “exterminated” by economic sanctions and/or illegal wars conducted by the U.S. and Great Britain between 1990 and 2012, an eminent international legal authority says. The slaughter fits the classic definition of Genocide Convention Article II of, “Deliberately inflicting on the group conditions of life calculated to bring about its physical destruction in whole or in part,” says Francis Boyle, professor of international law at the University of Illinois, Champaign, and who in 1991 filed a class-action complaint with the UN against President George H.W. Bush. The U.S. and U.K. “obstinately insisted” that their sanctions remain in place until after the “illegal” Gulf War II aggression perpetrated by President George W. Bush and UK’s Tony Blair in March, 2003, “not with a view to easing the over decade-long suffering of the Iraqi people and children” but “to better facilitate the U.S./U.K. unsupervised looting and plundering of the Iraqi economy and oil fields in violation of the international laws of war as well as to the grave detriment of the Iraqi people,” Boyle said.
Some Pentagon planners hope the end of the Cold War will signal the start of a new era — the age of “mini-nukes,” small nuclear weapons that might be used in future Third…
Ever since the BRICS (Brazil, Russia, India, China and South Africa) expressed their unison through the formation of a joint Development Bank – Durban, South Africa on 27 March 2013 – the Zionist-Anglo-Saxon caliphate attempted to divide them. The BRICS constitute some 45% of the world population and close to 30% of global GDP. The BRICS idea is to issue a joint alternative currency, fully detached from the US dollar and its greed economy. In the meantime a number of other countries would like to join the BRICS, including Argentina, Venezuela, Iran, Mongolia, Malaysia and others, which would result in about one third of the world’s economic output and half of the global inhabitants. This gives the BRICS a profile of strength surpassing that of the United States and Europe together. China alone is not only already the world’s largest economy, China is also dominating the Asian market of some 4.2 billion people, 60% of the world populations and a combined GDP of about US$ 20 trillion, equivalent to about US$ 25 trillion, when comparing purchasing power with the dollar based US economy of about US$ 17 trillion. Asia registered an average growth rate of almost 8% over the past few years, compared to that of the western world, hovering around 1%.
“Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny.” – Thomas Jefferson September 09, 2014 “ICH” – Histories are…