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Michael Snyder – Financial Armageddon Approaches: U.S. Banks Have 247 Trillion Dollars Of Exposure To Derivatives

Did you know that there are 5 “too big to fail” banks in the United States that eachhave exposure to derivatives contracts that is in excess of 30 trillion dollars?  Overall, the biggest U.S. banks collectively have more than 247 trillion dollarsof exposure to derivatives contracts.  That is an amount of money that is more than 13 times the size of the U.S. national debt, and …

UK Government Caught Spying on Human Rights Organisations By Michaela Whitton

Edward Snowden didn’t just expose the possibility that state surveillance may have intruded into the lives of British citizens. He actually accused U.K. authorities of operating a system where ”anything goes,” and new details revealed this week confirm his suspicion. The U.K. government is one of the main culprits for privacy infringement. Mass indiscriminate surveillance programmes include monitoring of emails, calls, internet …

Walmart secretly hides $76 billion in overseas tax havens after pillaging American businesses by Jonathan Benson

Just because Walmart figured out a way to sell consumer products for cheaper than your local mom and pop shop, effectively putting it out of business, doesn’t mean that this multinational corporation is evil — or so goes the claim by many a radical capitalist in defense of one of the world’s most hated businesses. Too bad this isn’t actually …

Scientists warn of species loss due to man-made landscapes

Study found 35% fewer bird species in agricultural habitats Researchers say farmland is a poor substitute for natural areas but simple improvements could make a difference to biodiversity conservation Research led by the University of Exeter has found a substantial reduction in bird species living in cultivated mango orchards compared to natural habitats in Southern Africa. The results, which are …

‘Nothing Less Than a Systemic Transformation of Our World’ – Jon Queally

“Nothing less than a systemic transformation of our societies, our economies, and our world will suffice to solve the climate crisis and close the ever-increasing inequality gap.” That is the key message of a new document—titled The People’s Test on Climate 2015—endorsed by an unprecedented coalition of civil society organizations from around the world and sent Friday to world leaders ahead …

Israel

Israel exonerates its armed forces of war crimes By Jean Shaoul

Israel’s own investigation into last year’s murderous assault on Gaza has predictably concluded that the Israel Defence Force (IDF) had not broken Israeli or international law. No criminal charges or disciplinary action will be taken against those who led air strikes targeting civilians that attracted worldwide condemnation. The 250-page report published by Israel’s Foreign Ministry argues that Israel’s hands were …

American-Apartheid

Modern American Apartheid, Insidious and Undeclared

The infamous era of apartheid in South Africa shares a strikingly parallel path with racial apartheid in present day America. One is globally notorious, the other sophisticated and subtle.  Economic historians increasingly agree that racial economic inequality in America is worse than it was at any period in ancient Rome, or in slaveholding, colonial America during the late 18th century, …

UN

Applauding Themselves to Death: Why the UN climate talks have wasted 23 years

If you visit the website of the UN body that oversees the world’s climate negotiations(1), you will find dozens of pictures, taken across 20 years, of people clapping. These photos should be of interest to anthropologists and psychologists. For they show hundreds of intelligent, educated, well-paid and elegantly-dressed people wasting their lives. The celebratory nature of the images testifies to …