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Articles Posted by Lorianne

Brevity: Headers | « Text »
  • Oil layoffs hit 100,000 and counting

    04/15/2015 8:20:56 PM PDT · by Lorianne · 4 replies
    Business Daily Live ^ | 15 April 2015 | Dan Molinski,
    LIKE many other oil-field workers, Chris Sabulsky spent years working a schedule known as "14 on, 14 off": two weeks at an oil or gas well somewhere followed by another 14 days at home in East Texas, fishing for bass and crappie. But now Mr Sabulsky, 48 years old, is spending his days sending out résumés, calling acquaintances to see if they know of job openings, and pondering his future. His job managing hydraulic-fracturing, or fracking, operations at well sites evaporated in February after the oil-price plunge last year. Fracking, which uses water, chemicals and sand to free oil and...
  • Dutch Retirement Home Offers Students Free Rent For Time Spent With Elderly Residents

    04/10/2015 6:23:45 PM PDT · by Lorianne · 30 replies
    Bored Panda ^ | 09 April 2015
    Humanitas, a social service organization in the Netherlands, has come up with a brilliant model for helping students with their expenses and the elderly with the care and social interaction that they need to remain physically and psychologically healthy. In return for free lodging at a retirement home in the Dutch town of Deventer, six students will spend at least 30 hours a month with the 160 elderly residents living there, doing anything from helping prepare their meals and shopping with/for them to teaching them to use computers or even paint street art! The program, spearheaded by Humanitas Deventer CEO...
  • ‘Gertie’s Babies,’ Sold at Birth, Use DNA to Unlock Secret Past

    04/10/2015 12:58:35 PM PDT · by Lorianne · 7 replies
    New York Times ^ | 04 April 2015 | Kirk Johnson
    Sue Docken’s start in life, in 1951, with a no-questions-asked cash adoption at the hands of a midwife, had strong elements of the crime scene that it was. Her adoptive father was told to stay in the car and keep the motor running. His wife went into a nondescript office building in Butte, Mont., where she met with the midwife, Gertrude Pitkanen, and was handed the hours-old infant and the afterbirth, offered a peek through a curtain at the young mother lying in a bed, and told to leave. The afterbirth was thrown out the window on the drive home,...
  • Russia may give Greece pre-payment of profits from future gas pipeline project

    04/09/2015 9:44:10 AM PDT · by Lorianne · 9 replies
    CNBC/Reuters ^ | 08 April 2015
    Russia is considering soon giving Greece funds based on future profits Athens would earn from shipping Russian gas to Europe as part of an extension of the Turkish Stream gas pipeline project, a Greek government official said. Plans for the pipeline taking Russian gas from Turkey to Europe via Greece would be linked to lower Russian gas prices, the official added. Greece would pay back the Russian prepayment after the pipeline started operating, the official said.
  • Why Science Does Not Disprove God by Amir Aczel (interview with book author

    04/06/2015 12:38:14 PM PDT · by Lorianne · 11 replies
    John Batchelor Show ^ | 04 April 2013 | John Batchelor interviews author Amir Aczel
    book review ___ Why Science Does Not Disprove John Batchelor interviews author Amir Aczel podcasts 39:45
  • Slaves Used To Catch Fish That End Up On U.S. Tables

    04/03/2015 5:30:46 PM PDT · by Lorianne · 65 replies
    Times Union / AP ^ | 24 March 2015 | Margie Mason, Martha Mendoza and Robin McDowell, Associated Press
    Benjina, Indonesia ___ The Burmese slaves sat on the floor and stared through the rusty bars of their locked cage, hidden on a tiny tropical island thousands of miles from home. Just a few yards away, other workers loaded cargo ships with slave-caught seafood that clouds the supply networks of major supermarkets, restaurants and even pet stores in the United States. Here, in the Indonesian island village of Benjina and the surrounding waters, hundreds of trapped men represent one of the most desperate links criss-crossing between companies and countries in the seafood industry. This intricate web of connections separates the...
  • Private Emails Reveal Ex-Clinton Aide’s Secret Spy Network

    04/01/2015 12:15:26 PM PDT · by Lorianne · 17 replies
    Pro Publica ^ | 27 March 2015 | Jeff Gerth
    Emails disclosed by a hacker show a close family friend was funneling intelligence about the crisis in Libya directly to the Secretary of State’s private account starting before the Benghazi attack. ___ weeks before Islamic militants attacked the U.S. diplomatic outpost in Benghazi, Libya, longtime Clinton family confidante Sidney Blumenthal supplied intelligence to then Secretary of State Hillary Clinton gathered by a secret network that included a former CIA clandestine service officer, according to hacked emails from Blumenthal’s account. The emails, which were posted on the internet in 2013, also show that Blumenthal and another close Clinton associate discussed contracting...
  • GOP's Martina White wins 170th House District (PA)

    04/01/2015 11:49:36 AM PDT · by Lorianne · 3 replies
    Philly. Com ^ | 26 March 2015 | Chris Brennan
    Martina White became the city's second Republican member in the state House on Tuesday night, with a commanding win in a special election for Northeast Philadelphia's 170th District. Her victory - by a margin of 14 percent with 97 percent of the vote tallied Tuesday night - prompted Republican celebrations and Democratic recriminations. White defeated Democrat Sarah Del Ricci, who was handpicked for the special election by Lt. Gov. Mike Stack III. White credited the win - the first pickup by the Republicans of an open General Assembly seat in Philadelphia in 25 years - to the hard work of...
  • Americans just aren't spending

    04/01/2015 11:27:12 AM PDT · by Lorianne · 30 replies
    CNN ^ | sometime around the end of March 2015 | Paul R. La Monica
    Consumer spending is often called an engine of the United States economy. That engine may be about to blow a gasket. Consumers are sitting on their wallets. The government reported Monday that personal consumption expenditures -- aka consumer spending -- rose just 0.1% in February. That follows two months of declines of 0.2%. It comes at a time when people actually do have a little bit more money to spend. In the same report, the government said disposable personal incomes rose 0.4% in February, after rising 0.5% in January and 0.3% in December.
  • H-1B visa program needs reform

    03/31/2015 8:05:36 PM PDT · by Lorianne · 21 replies
    San Francisco Chronicle ^ | 31 March 2015 | Debra J. Saunders
    Last month, Senate Judiciary Committee Chairman Chuck Grassley, R-Iowa, held a congressional hearing on the H-1B visa program that eliminated any doubt that some corporations are gaming the system to the severe disadvantage of skilled workers. Last year, the Center for Investigative Reporting reported on abuses of so-called “body shops” — labor brokers who enlist foreign workers abroad, press them into exploitative contracts and cut them undersized checks as they do contract work for established tech concerns that may want to avert the bad publicity. Howard University public policy Professor Ron Hira testified that Washington “inadvertently created a highly profitable...
  • Under Fire: The Untold Story of the Attack in Benghazi (book)

    03/31/2015 12:56:13 PM PDT · by Lorianne · 4 replies
    John Batchelor Show ^ | 31 March 2015 | John Batchelor interviews authors Fred Burton and Samuel M. Katz
    Podcast - interview of book authors 39:53
  • In fight for Tikrit, U.S. finds enemies on both sides of the battle lines

    03/30/2015 1:30:27 PM PDT · by Lorianne · 6 replies
    Washington Post ^ | 27 March 2015 | Loveday Morris
    Since the U.S.-led coalition planes launched their first airstrikes in the Islamic State-held city of Tikrit on Wednesday night, threats and accusations from ­Shiite militias who were leading the battle there have grown. Several of the Iranian-backed groups accused coalition aircraft of bombing a headquarters for pro-government fighters in the city on Friday, promising retribution. The U.S. Embassy in Baghdad released a statement Friday rebutting the claim, saying there were no coalition strikes in the vicinity at the time, and the Iraqi government also said no such attack took place. The claim was the latest in a long string of...
  • Foreclosure to Home Free, as 5-Year Clock Expires

    03/30/2015 12:35:33 PM PDT · by Lorianne · 41 replies
    New York Times ^ | 29 March 2015 | Michael Corkery
    In September, Susan Rodolfi celebrated an unusual anniversary: five years of missed mortgage payments. She is like a ghost of the housing market’s painful past, one of thousands of Americans who have skipped years of mortgage payments and are still living in their homes. Now a legal quirk could bring a surreal ending to her foreclosure case and many others around the country: They may get to keep their homes without ever having to pay another dime. The reason, lawyers for homeowners argue, is that the cases have dragged on too long. There are tens of thousands of homeowners who...
  • Who’s fighting for whom in Yemen’s proxy war?

    03/30/2015 9:43:30 AM PDT · by Lorianne · 4 replies
    Reuters ^ | 27 March 2015 | Laura Kasinof
    The Saudi kingdom long was Yemen’s largest benefactor and held sway over powerful Yemeni tribal leaders. Yet following Saleh’s resignation in November 2011, Iran swiftly worked to increase its influence in Yemen by creating ties with whomever shared a common disdain for Saudi Arabia, including liberal anti-Saleh activists. The Houthi rebels, an oft-ignored militia from Yemen’s far north, were an obvious ally for Iran. Houthi fighters, who follow a sect of Shi’ite Islam known as Zaydism, consolidated power in the wake of the 2011 government collapse. They are staunchly anti-Saudi. They believe that the Kingdom was involved in the systematic...
  • [Australia]set to introduce tax on bank deposits

    03/30/2015 9:40:27 AM PDT · by Lorianne · 26 replies
    ABC ^ | 28 March 2015
    The idea of a bank deposit tax was raised by Labor in 2013 and was criticised by Tony Abbott at the time. Assistant Treasurer Josh Frydenberg has indicated an announcement on the new tax could be made before the budget. The Government is heading for a fight with the banking industry, which has warned it will have to pass the cost back onto customers. Mr Frydenberg is a member of the Government's Expenditure Review Committee but has refused to provide any details
  • Angola joins Venezuela among biggest losers of oil's tumble

    03/30/2015 8:13:03 AM PDT · by Lorianne · 8 replies
    CNBC ^ | 28 March 2015 | Will Duke
    Plunging oil prices have been an economic windfall for U.S. consumers, primarily through greater savings at the pump. In energy-reliant countries around the world like Angola, however, the effect has been far less beneficial. Social and economic turmoil in countries like Venezuela and Russia—largely because of the swoon in global oil prices—has drawn attention away from Angola, an OPEC member that is Africa's second-largest oil producer. The country churns out 1.75 million barrels of oil per day, according to the Energy Information Agency (EIA). The sub-Saharan country is hugely dependent on oil production to generate revenue for its economy, which...
  • QE Will "Permanently Impair Living Standards For Generations To Come"

    03/28/2015 6:46:27 PM PDT · by Lorianne · 24 replies
    Zero Hedge ^ | 28 March 2015 | Tyler Durden
    When "very serious people" (even if it is those who once ran now defunct Bear Steanrs) announce it, with a 6 year delay, they make the Financial Times. On the other hand, when Zero Hedge said precisely this 6 years ago, it was cast as a tin-foil clad group of conspriators who see the worst in every situation. What is "it"? This: The long-term consequences of global QE are likely to permanently impair living standards for generations to come while creating a false illusion of reviving prosperity.In this case, it was said this week by Guggenheim's Chairman of Investments and...
  • Death to America! Death to the Jews! Death to Me!

    03/27/2015 4:06:23 PM PDT · by Lorianne · 15 replies
    Steyn Online ^ | 23 March 2015 | Mark Steyn
    "Death to America!" It's not just for Americans anymore: "Death to America. Death to Israel. Curse upon the Jews. Victory to Islam. Allahu Akbar," the worshipers recited en masse. Then a terrorist roaming among the mosque's patrons detonated himself... Don't you hate it when you're raining down death-curses on people hither and yon, and then some guy blows you up? In this case, the pro-Houthi Shia victims were killed by a pro-ISIS Sunni terrorist. Some 140 dead, over 350 injured. (caution, bloody photos at link)
  • US continues to insist airstrikes support Iraqi forces, not Shiite militias

    03/27/2015 3:39:15 PM PDT · by Lorianne · 2 replies
    Long War Journal ^ | 26 March 2015 | Bill Roggio
    US commanders continue to insist that they are supporting Iraqi security forces, and not the Iranian-backed Shiite militias who make up more than two-thirds of the fighting force in the Tikrit offensive. US military officials’ denials that they are serving as the air force for Iranian-backed Shiite militias that are responsible for killing hundreds of American soldiers before US forces withdrew from Iraq in December 2011 becomes even more perplexing once you understand that many of the top leaders of these militias have been designated by the US as terrorists. And one of these militias (Hezbollah Brigades) is listed as...
  • Al Nusrah Front video showcases more American-made TOW missiles

    03/27/2015 3:35:12 PM PDT · by Lorianne · 3 replies
    Long War Journal ^ | 26 March 2015 | Thomas Joscelyn
    The Al Nusrah Front, al Qaeda’s official branch in Syria, has released another video showing its fighters using American-made TOW missiles. As The Long War Journal reported earlier this week, Al Nusrah released a video featuring a TOW missile attack in the early hours of the jihadists’ newly-launched offensive against Syrian regime forces in the city of Idlib. Al Nusrah continues to use the weapons against Bashar al Assad’s forces. Earlier today, Al Nusrah released the video shown above on one of its official Twitter feeds. The fighter, whose face is obscured, fires two TOW missiles on Syrian tanks. The...
  • In Yemen, It’s The Bad Guys Vs. The Bad Guys

    03/27/2015 2:22:48 PM PDT · by Lorianne · 26 replies
    Economic Collapse ^ | 26 March 2015 | Michael Snyder
    Saudi Arabia and Egypt stand poised to conduct a massive ground invasion of Yemen, and the western media will be full of tales about how “Operation Decisive Storm” is liberating that country from the evil Iranian-backed Houthi rebels. And without a doubt, the Houthis are bad guys and so are their Iranian benefactors. But don’t be fooled into thinking that the war in Yemen is a battle of good vs. evil. The truth is that the conflict in Yemen is actually a proxy war between two sets of bad guys that both ultimately plan for Islam to take over the...
  • How low can interest rates go?

    03/26/2015 7:40:52 PM PDT · by Lorianne · 4 replies
    BBC ^ | 25 March 2015 | Robert Peston
    The Bank of England's website says that the "effective lower bound" for the interest rate it sets, Bank Rate, is the current rate of 0.5%. This is the level, according to the Bank, "below which it cannot be set" - the lowest practicable official interest rate. But on this important issue the website is behind the thinking of the Bank of England's Monetary Policy Committee, which sets Bank Rate as its main tool to keep inflation on target. The Bank of England's website says that the "effective lower bound" for the interest rate it sets, Bank Rate, is the current...
  • A Family Business of Perpetual War

    03/26/2015 7:36:59 PM PDT · by Lorianne · 2 replies
    Consortium News ^ | 22 March 2015 | Robert Parry
    Neoconservative pundit Robert Kagan and his wife, Assistant Secretary of State Victoria Nuland, run a remarkable family business: she has sparked a hot war in Ukraine and helped launch Cold War II with Russia – and he steps in to demand that Congress jack up military spending so America can meet these new security threats. This extraordinary husband-and-wife duo makes quite a one-two punch for the Military-Industrial Complex, an inside-outside team that creates the need for more military spending, applies political pressure to ensure higher appropriations, and watches as thankful weapons manufacturers lavish grants on like-minded hawkish Washington think tanks....
  • Housing prices surging 13 times faster than wages

    03/26/2015 7:24:21 PM PDT · by Lorianne · 19 replies
    Fox News ^ | 26 March 2015
    Video 1:24
  • US Economy Heads Toward Zero Growth in Q1

    03/26/2015 7:21:22 PM PDT · by Lorianne · 16 replies
    Wolf Street ^ | 25 March 2015 | Wolf Richter
    Today’s durable goods report for February was another shot at this wobbly edifice of the US economy. New orders for manufactured durable goods dropped by 1.4%, the Census Bureau reported. It was the third decrease in four months. Transportation equipment fell 3.5%, also the third decrease in four months. Excluding transportation, new orders – “core” durable goods – fell 0.4%, down for the fifth month in a row. And Core Capital Goods New Orders, considered an important gauge of business spending, fell 1.4%, down for the sixth month in a row. The weather is really hard to blame for this,...
  • HOW MANY SHALE OIL PLAYS MAKE MONEY AT $37 PER BARREL?

    03/24/2015 5:56:02 PM PDT · by Lorianne · 35 replies
    Burning Platform ^ | 18 March 2015
    I’m tossing you a softball. Now think carefully. The choices are: A. Zero B. Zero C. Zero D. Zero I know Americans are math challenged and need a calculator to subtract 10 from 20, but I think even a CNBC bimbo or Princeton economic professor could get this one right. Last year there was much banter from the Wall Street shysters and Bakkan shale oil experts about the true breakeven price for shale oil not being $80 (which is the truth) but actually being as low as $58 a barrel. They were spreading this lie in order to keep idiot...
  • The men who uncovered Assyria

    03/23/2015 7:27:08 PM PDT · by Lorianne · 5 replies
    BBC ^ | 22 March 2015 | Daniel Silas Adamson
    Two of the ancient cities now being destroyed by Islamic State lay buried for 2,500 years, it was only 170 years ago that they began to be dug up and stripped of their treasures. The excavations arguably paved the way for IS to smash what remained - but also ensured that some of the riches of a lost civilisation were saved. In 1872, in a backroom of the British Museum, a man called George Smith spent the darkening days of November bent over a broken clay tablet. It was one of thousands of fragments from recent excavations in northern Iraq,...
  • Book: Freedom's Forge: How American Business Produced Victory in World War II ___ by Arthur Herman.

    03/23/2015 11:59:54 AM PDT · by Lorianne · 2 replies
    John Batchelor Show ^ | 21 March 2015 | John Batchelor interviews author Arthur Herrman
    Audio interview 39:48
  • In Italy, They're Now Taxing Shadows

    03/23/2015 9:53:40 AM PDT · by Lorianne · 21 replies
    Zero Hedge ^ | 20 March 2015 | Tyler Durden
    As Greece struggles to convince the world it’s serious about adopting a series of reforms designed to bolster its economy including cracking down on rampant tax evasion, the Syriza government may want to look to Italy for creative ideas on how to boost government revenue. As Italian newspaper Leggo reports, store owners in Conegliano are now faced with the unfortunate (albeit comically absurd) proposition of paying taxes on shadows. The rationale appears to go something like this: an awning casts a shadow on public property and therefore you must pay to use that property.
  • Global oil glut set to grow as China slows crude imports

    03/21/2015 7:18:14 PM PDT · by Lorianne · 7 replies
    Reuters ^ | 18 March 2015 | Henning Gloystein
    A global oversupply of oil is set to rise as China pauses in the build-up of its strategic reserves and Asian refineries slow crude imports ahead of the spring maintenance season, putting more downward pressure on prices. China's purchases to fill its strategic petroleum reserves (SPR) had been one of the main drivers of Asian demand since August of last year, with the No.2 oil consumer taking up cheap crude to fill its tanks despite slowing economic growth. Yet China could pause its reserve purchases soon as tank sites reach their limits and new space only becomes available later this...
  • Underwater Homeowners "Here To Stay" Zillow Says

    03/21/2015 7:16:01 PM PDT · by Lorianne · 33 replies
    Zero Hedge ^ | 20 March 2015 | Tyler Durden
    A few weeks back we commented on the rather disturbing news that repeat foreclosures jumped in January: (link at source) Now, a new report from Zillow seems to offer further evidence that the US housing market may not be the picture of health after all (as if we needed more proof after housing starts cratered 17% in February). The percentage of homeowners underwater in the US was flat from Q3 to Q4 which doesn’t sound all that terrible until you consider that this figure had fallen for 10 consecutive quarters. Things look particularly bad in Florida and the midwest where...
  • Nazi Extortion: Study Sheds New Light on Forced Greek Loans

    03/21/2015 7:01:04 PM PDT · by Lorianne · 19 replies
    Der Spiegel ^ | Manfred Ertel, Katrin Kuntz and Walter Mayr
    Loukas Zisis, the deputy mayor of Distomo, a village nestled in the hills about a two hour drive from Athens, says he thinks about the Germans every day. On June 10, 1944, the Germans massacred 218 people in Distomo, including dozens of children. Zisis, who is just 48 years old, wasn't yet born at the time of the attack. "We can't forget the Germans," Zisis says. They came to Distomo 71 years ago with their guns. "Today they are exerting power over our village with their banks and policies," he adds. He's standing in the wind on a rocky ledge,...
  • Looks Like Germany May Have To Pay Up

    03/21/2015 6:58:09 PM PDT · by Lorianne · 22 replies
    Automatic Earth ^ | 22 March 2015 | Raúl Ilargi Meijer
    German magazine Der Spiegel digs deep(er) into the ‘Greece question’ this weekend, and does so with a few noteworthy reports. First, its German paper issue has Angela Merkel on the cover, inserted on a 1940′s photograph that shows Nazi commanders against the backdrop of the Acropolis in Athens. The headline is ‘The German Supremacy: How Europeans see (the) Germans’. The editorial staff has already come under a lot of fire for the cover, and I’ve seen little that could be labeled a valid defense for further antagonizing both Germans AND Greeks (and other Europeans) this way. Oh, and it’s also...
  • Seattle's Silly War On Oil Rigs (title shortened)

    03/21/2015 2:25:27 PM PDT · by Lorianne · 14 replies
    Forbes ^ | 16 March 2015
    Reminder, The City Is Also Home To Boeing, The World's Largest Jet Maker If a plane flies over Seattle, does anyone hear it? Probably not, because they’re all down at the docks protesting the parking of drilling rigs used in the Arctic. When the port of Seattle agreed to allow Shell to park drill ships on the city’s waterfront, a “kind of civic call to arms” erupted, according to the New York Times. “A unanimous City Council lined up alongside the mayor to question the legality of the agreement with the Port of Seattle, a court challenge was filed by...
  • ISIS, Boko Haram left al Qaeda behind

    03/20/2015 12:42:31 PM PDT · by Lorianne · 2 replies
    CNN ^ | 15 March 2015
    Olivier Guitta tells CNN how ISIS' rise may be fueling competition between rival terror groups. Audio, visual 1:57
  • ObamaCare and part-time employment: Shame on who?

    03/18/2015 12:18:05 PM PDT · by Lorianne · 16 replies
    The Hill ^ | 10 March 2015 | Teresa Oelke
    The costs of providing health insurance are staggering under the ACA: Small businesses, which are the least able to handle cost increases, report paying an average of $11,868 more per employee per year since the ACA’s passage. Large companies have also seen their costs increase. As a result, some of them have cut employee hours to avoid triggering the coverage requirement altogether. Nor is this only happening in the private sector. Public school systems from coast to coast have been effected. K-12 districts have limited hours for their support staff, including janitors, drivers, cafeteria workers, and teachers. As one school...
  • Bank dispute fuels US-China rivalry (AIIB)

    03/18/2015 11:00:34 AM PDT · by Lorianne
    Gulf News ^ | 13 March 2015
    The Anglo-American dispute over membership of a new Beijing-led development bank is one of the early chapters in the growing competition between the US and China over who will write the rules for the 21st century global economy. The Obama administration reacted angrily to the British decision on Thursday to become a founding member of the Asian Infrastructure Investment Bank, a $50bn Chinese initiative that could end up rivalling the Washington-based World Bank. Britain will become the first G7 economy to join the AIIB, giving the China-led bank an important boost of credibility and potentially funds at a time when...
  • Housing Starts Fall A Dramatic 17% In February

    03/18/2015 10:39:39 AM PDT · by Lorianne · 33 replies
    Forbes ^ | 17 March 2015
    Groundbreakings on new homes dropped by a sharp 17% in February, the U.S. Commerce Department said Tuesday. February’s housing starts fell to a seasonally adjusted, annual rate of 897,000, well below January’s estimate of 1.081 million, though only 3.3% below the pace in February 2014. The numbers missed–by a long shot–the 1.048 million starts economists surveyed by Bloomberg had forecast ahead of the release. Perhaps it’s not surprising, then, that builder confidence in the market for newly constructed, single-family homes dropped by two points in March to a level of 53, according to the latest National Association of Home Builders/Wells...
  • John Batchelor interviews Larry Johnson of No Quarter re: Clinton and Benghazi (missing) email.

    03/17/2015 2:54:33 PM PDT · by Lorianne · 1 replies
    John Batchelor Show ^ | 16 March 2015 | John Batchelor inverviews Larry Johnson
    Podcast, from minutes 19:00 to 31:30 First part of podcast of interest as well.
  • Islamic State overruns Iraqi Army brigade headquarters north of Fallujah (Tharthar region)

    03/17/2015 2:30:30 PM PDT · by Lorianne · 11 replies
    Long War Journal ^ | 15 March 2015 | Bill Roggio & Caleb Weiss
    The Islamic State overran the headquarters of an Iraqi Army brigade stationed in the Thar Thar area northwest of Baghdad late last week. Scores of Iraqi soldiers were killed, wounded, or captured, according to reports from Iraq and images released by the jihadist group. The Islamic State released photos showing its attack on the Iraqi Army’s Brigade 26 headquarters in the Thar Thar area, which is also north of Fallujah. The photos bear the title of Wilayat Shamal Baghdad (North Baghdad), the jihadist group’s declared administrative division which includes areas immediately north of Baghdad and as far north as Samarra...
  • The #ALBA dawn of a new Europe (Italy)

    03/16/2015 11:27:28 AM PDT · by Lorianne · 3 replies
    “They are telling us that the European economy is in recovery because the reforms are working. And the government has been celebrating the 0.1% growth in GDP in the first quarter of 2015 as a trophy. The reality is, however, that: - since 2010, our GDP has lost 10 points; - since the beginning of the crisis about 100 thousand companies have gone bust with the loss of more than a million jobs, and out of every hundred young people, fifty are without a job. And (as we hope others will do), we can examine the state of our country...
  • (Breitbart’s) Dr. Sebastian Gorka: Iran vs. ISIS is ‘Coke vs. Pepsi’ Jihad, And We’re RC Cola

    03/14/2015 1:09:46 PM PDT · by Lorianne · 4 replies
    Brietbart ^ | 14 March 2015 | Frances Martel
    Discussing the rise of Iran in the battle against ISIS with host Clayton Morris, Dr. Gorka argued that, from the perspective of the West, a Shiite caliphate in the Middle East would be just as much, if not more, of a threat as a Sunni caliphate. “Iran is just fighting for the same kind of hegemonic position in the Middle East as the Sunni extremists like ISIS,” he explained, “[Iran] is just building, building, building in the vacuum that we created when we pulled our troops out [of Iraq].” Dr. Gorka warned against supporting Iran’s intervention to weaken the Islamic...
  • Secret, 905-foot-long drug tunnel found along U.S.-Mexico border in Arizona

    03/13/2015 6:53:07 PM PDT · by Lorianne · 23 replies
    Fox News Latino ^ | 27 February 2015
    Federal agents discovered the longest drug tunnel ever unearthed along the agency’s Tuscon sector earlier this week when they found a 905-foot-long drug thruway in the tiny town of Naco, Arizona. At three times the length of a football field and replete with lighting, wooden supports and a cement shaft complete with a hydraulic lift, the record-breaking drug tunnel was discovered following a major marijuana bust in the town of Bisbee. Acting on a tip by deferral authorities, Bisbee police officers and Border Patrol agents stopped a U-Haul truck headed toward to the Naco house and found 4,700 pounds of...
  • Saudi King Salman: We're looking for more oil

    03/12/2015 7:55:21 PM PDT · by Lorianne · 9 replies
    CNBC/Reuters ^ | 10 March 2015 | Saul Loeb
    Saudi Arabia's King Salman said he would fight corruption, diversify the economy and confront anybody who challenged the stability of the world's top oil exporter in his first big speech since taking power on Jan. 23. His speech, carried on state television, focused on the need to create private sector jobs for young Saudis, a main policy goal for many years as Riyadh strives to meet a looming demographic challenge while controlling public spending. Addressing the chaos threatening the kingdom from around the region, he said no one would be allowed to tamper with Saudi Arabia's security or stability.
  • Euro could fall to 85 cents against US dollar

    03/12/2015 7:53:08 PM PDT · by Lorianne · 34 replies
    CNBC ^ | 11 March 2015 | Michelle Fox
    As analysts were waiting to see how fast the euro reaches parity against the U.S. dollar, one foreign exchange pro told CNBC he saw the common currency dropping even further, with the dollar strengthening another 20 percent. George Saravelos, global co-head of FX research at Deutsche Bank, said the euro could fall to 85 U.S. cents against the greenback.
  • Sir Terry Pratchett, renowned fantasy author, dies aged 66

    03/12/2015 9:19:32 AM PDT · by Lorianne · 23 replies
    BBC ^ | 12 March 2015
    Fantasy author Sir Terry Pratchett has died aged 66, having had Alzheimer's disease for eight years. "The world has lost one of its brightest, sharpest minds," said Larry Finlay of his publishing company, Transworld. Best known for the Discworld series, Sir Terry wrote more than 70 books over his lengthy career. He was first diagnosed with Alzheimer's in 2007, but continued writing, completing his final book last summer. The author died at home "with his cat sleeping on his bed, surrounded by his family," Mr Finlay said.
  • Workers at nation's largest oil refinery join growing strike

    03/08/2015 12:14:24 PM PDT · by Lorianne · 21 replies
    CBS News ^ | 22 February 2015
    The first nationwide oil refinery strike in more than 30 years expanded this weekend in a labor dispute that may start having more of an impact on the price consumers pay for gasoline. The United Steelworkers union (USW) said Saturday that workers at the largest refinery in the U.S., the Motiva Enterprises refinery in Port Arthur, Texas, started their strike at midnight Friday. Employees at two other refineries and a chemical plant in Louisiana started their strike at the end of Saturday. The USW represents workers at 65 refineries that produce about two-thirds of the oil in the U.S The...
  • The noise from Brazil? An economy on the brink

    03/08/2015 11:38:31 AM PDT · by Lorianne · 3 replies
    Guardian UK ^ | 06 March 2015 | Alberto Nardelli
    Rising inflation, slowing growth, a weakening currency, surging debt and a deepening corruption scandal - Brazil is suddenly looking vulnerable ___ The more you look at Brazil’s fundamentals, the more shaky the country looks. And we are not talking about the defensive prowess of David Luiz here. It is the country’s economic backline that risks tumbling down like a set of dominoes. When a Latin American economy is in trouble a good place to start is its inflation rate. Brazil’s is today running at 7.5%. While this is nowhere near the 2,000-3,000% of the early 1990s, when the price of...
  • ‘A Conspiracy Of Silence’ – HSBC, The Guardian And The Defrauded British Public

    03/08/2015 11:34:31 AM PDT · by Lorianne · 1 replies
    Media Lens ^ | 05 March 2015 | ???
    The corporate media have swiftly moved on from Peter Oborne's resignation as chief political commentator at the Telegraph and his revelations that the paper had committed 'a form of fraud' on its readers over its coverage of HSBC tax evasion. But investigative journalist Nafeez Ahmed has delved deeper into the HSBC scandal, reporting the testimony of a whistleblower that reveals a 'conspiracy of silence' encompassing the media, regulators and law-enforcement agencies. Not least, Ahmed's work exposes the vanity of the Guardian's boast to be the world's 'leading liberal voice'. Last month, the corporate media, with one notable exception, devoted extensive...
  • Dear Janet Yellen: We’re nowhere close to full employment

    03/08/2015 11:31:19 AM PDT · by Lorianne · 15 replies
    Market Watch ^ | 06 March 2015 | Rex Nutting
    Nearly 22 million people want a job, or are working part-time involuntarily. ___ The Federal Reserve has said that, in the long run, the unemployment rate can’t go much below 5.2% to 5.5% without fostering a lot of unwanted inflation. With the February report, we’ve crossed that line. Already, the Fed is under a lot of pressure to raise interest rates this summer to make sure inflation doesn’t get too high. The February jobs report adds to that pressure. There’s just one problem: Inflation isn’t too high, and there’s no sign that inflation will suddenly accelerate. In fact, the main...