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Vietnamese banker sentenced to death for fraud

Vietnam money

A Vietnamese former banker and his business associate have been sentenced to death for their part in the embezzlement of $25 million, state media has reported. The pair were among 11 defendants in the nine-day trial in Ho Chi Minh City, state media reported on Saturday, in a case that …

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Real-life ‘Iron Man’ suit commissioned by US military

Iron man

The technology in Iron Man is getting a step closer to reality thanks to the United States military. The Army has commissioned a Tactical Assault Light Operator Suit, which would provide the wearer with superhuman abilities like night vision, enhanced strength, and protection from gunfire. Each suit would have an on-board computer …

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Pope Francis reduces sentences for pedophile priests

Pope Francis pedophile priests

Pope Francis’ unshakeable belief in the power of mercy has been called into question after a previously-convicted pedophile priest struck again, around two years after the Pontiff reduced sanctions against child-abusing clergy, according to a report by AP. The case of Rev. Mauro Inzoli, an Italian priest who received church …

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ISIS declares the US dollar as its official currency

ISIS US dollar currency

ISIS may threaten violence against the United States and aim to rid the Islamic world of U.S. influence and U.S.-backed regimes, but if you want to do business in the group’s ersatz caliphate, you’d better have money backed by the full faith and credit of the U.S. government. The AP reports : Within …

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WikiLeaks releases more than 500k US diplomatic cables from 1979

wikileaks-releases-us-diplomatic-cables

WikiLeaks has released more than half a million US diplomatic cables from 1979, covering numerous incidents such as the Iranian revolution, the siege of Mecca, and Saddam Hussein becoming president of Iraq. Consisting of 531,525 cables, the latest batch – known as ‘Carter Cables III’ – marks the six-year anniversary …

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WW3: Israel strikes Russian defense equipment inside sovereign Syria

Russian SA-8 antiaircraft missile

[youtube height=”400″ width=”550″]http://www.youtube.com/watch?v=iJGTvt-2wAA[/youtube]   The Obama administration has made public an Israeli attack on a military installation near the Syrian port city of Latakia earlier this week. The Israeli government has not admitted to attacking its neighbor. “We don’t refer to foreign reports,” the Israeli government told when asked for …

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Israel gave birth control to Ethiopian Jews without their consent

Ethiopian Jews

Israel has admitted for the first time that it has been giving Ethiopian Jewish immigrants birth-control injections, often without their knowledge or consent. The government had previously denied the practice but the Israeli Health Ministry’s director-general has now ordered gynaecologists to stop administering the drugs. According a report in Haaretz, …

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Iran to dump US dollar in oil trade, settle in euro instead

US dollar dumped oil trade

Iran wants post-sanctions’ oil contracts denominated in dollars and have buyers pay in euros, Reuters reported. Tehran is also keen to receive money owed to it since the pre-sanctions days in the European currency. The country’s crude deliveries are to be restored soon, with companies such as the French giant …

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Russia & Iran to establish joint bank to bypass sanctions

Iran Rouhani Russia Putin

Iran and Russia plan to establish a joint bank as an effort to multiply bilateral trade and bypass sanctions on the Islamic Republic’s banking sector. Head of the Iran-Russia Joint Chamber of Commerce Asadollah Asgaroladi said that Tehran and Moscow are studying the possibilities of opening a new chapter in …

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Washington Post owner receives $600 million contract from the CIA

Washington Post CIA Amazon Jeff Bezos

Editor’s note: The Washington Post was the first to run the story of the CIA’s claim that Russia hacked the US election, of which there is absolutely no evidence. It’s been a rough couple days for The Washington Post. Word emerged that hackers invaded its internal system—for a few days, …

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CNBC viewership drops to 21 year lows

CNBC

It’s over: whether due to the complete domination of centrally-planned markets by a few central banks, whether as a result of HFTs forcing out all human traders and investors. Whether due to volatility plunging to record lows and complacency at record highs, whether viewers simply aren’t impressed by the new young, …

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French police raid home of former president Nicolas Sarkozy

Police officers have carried out a number of raids in Paris – on the villa Nicolas Sarkozy shares with his wife Carla Bruni, on the law offices of the former president’s attorneys and on the apartment provided to him by the government. Judge Jean-Michele Gentil and financial police searched the …

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Avast! UK High Court orders The Pirate Bay blocked

In a battle over copyright law, the UK High Court has ruled that popular file-sharing website The Pirate Bay must be blocked by British Internet service providers. “Sites like The Pirate Bay destroy jobs in the UK and undermine investment in new British artists,” the British Phonographic Industry (BPI) said …

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Steve Keen: “Can we avoid another financial crisis?”

Steve Keen Can we avoid another financial crisis

Economic theory is like a layer cake: Explanations within one layer make sense, but once you move to another layer, they no longer apply. Economist Steve Keen‘s new book “Can We Avoid Another Financial Crisis?” is an illustrative example. The good news is that Keen accurately describes the current economic …

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Saudi empire headed for collapse

Saudi King Salman

For the past eight decades Saudi Arabia has been careful. Using its vast oil wealth, it’s quietly spread its ultra-conservative brand of Islam throughout the Muslim world, secretly undermined secular regimes in its region, and prudently kept to the shadows while others did the fighting and dying. It was Saudi money that …

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Why university is a scam: the college bubble

Many young college students, hoping to further their education, are deluded into accepting loans that they believe be can be payed once studies are completed and have received their degrees. This documentary explains how we are molded into an expectation of going through the grades of school, attending college and …

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United States calls on Al-Qaeda to stage false flag attack in Syria

United States ISIS false flag Syria chemical attack

In a move that was entirely predictable, the US administration is once again threatening to bomb Syria if there is a “chemical weapons attack”. This was entirely predictable because that chemical attack script has been read out, with salty crocodile tears, fake concern, and mocked indignation by US talking heads …

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Facebook admits it is deleting accounts at the direction of the US and Israeli government

Facebook Israel United States censorship

In September of last year, we noted that Facebook representatives were meeting with the Israeli government to determine which Facebook accounts of Palestinians should be deleted on the ground that they constituted “incitement.” The meetings — called for and presided over by one of the most extremist and authoritarian Israeli officials, pro-settlement Justice Minister Ayelet Shaked …

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JP Morgan Commodity Chief Blythe Masters leaves the sinking ship

Blythe Masters

A week ago we wrote: ‘While it has been public for a long time that i) JPM is eager to sell its physical commodities business and ii) the most likely buyer was little known Swiss-based Mercuria, there was nothing definitive released by JPM. Until moments ago, when Jamie Dimon formally announced …

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