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Debt default is imminent (Video)

By   /  July 11, 2011  /  Economy  /  No Comments

Russia Today Another week has gone by and lawmakers still can’t figure out what to do with the debt ceiling. As the country comes closer to crashing into that daunting 14.3 million dollar mark, is a default imminent? Euro Pacific Capital President Peter Schiff says it is a rouse that we are even discussing defaulting [...]

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Italy within an inch of economic crisis (Video)

By   /  July 11, 2011  /  Economy  /  No Comments

Russia Today Trouble is brewing for Italy, as it edges closer to becoming the fourth European country to need a bailout. The country’s debt totals 1.88 trillion euros and is continuing to rise. ­Italy’s debt is surging past earnings, raising fears over whether Italian banks can pass EU stress tests, and that is forcing up [...]

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Libya: France Says NATO Bombing Has Failed

By   /  July 11, 2011  /  Conflict, Politics  /  No Comments

By Franklin P. Lamb French Defense Minister Gérard Longuet One of the jokes heard at this week’s massive pro-government Friday post prayer rally at Green Square (in most of the other Arab countries Fridays are days of rage against the government du jour but in Libya Friday prayers are followed by massive pro-Qadaffi rallies, attended [...]

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Eurozone officials meet as Italy drawn into crisis

By   /  July 11, 2011  /  Economy  /  No Comments

Eurozone

PS Europe Top eurozone officials are meeting today amid concerns that the sovereign debt crisis engulfing the European periphery may spread to Italy, the single currency area’s third largest  economy. The “coordination” meeting – as it was described by a spokesman – will be attended by the President of the European Council Herman Van Rompuy, [...]

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Man jailed for cashing government check (Video)

By   /  July 11, 2011  /  Police State  /  No Comments

Russia Today When the US government mailed Ikenna Njoku an $8,000 check for being a first-time home owner, he knew right away what it was going to go towards. “I was really excited. For the first time, I actually got to buy a lawn mower, mow my lawn and everything,” the 28-year-old Washington State native [...]

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Internet providers pull the plug on downloaders

By   /  July 11, 2011  /  In Other News  /  No Comments

Russia Today If the Recording Industry Association of America doesn’t send you a nasty letter in the mail for that Steely Dan album you downloaded, you might not necessarily be quite off the hook. Internet service providers in the States are considering slowing down connection speed and even kicking customers offline if they are caught [...]

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After banning international activists from West Bank, Israel tries to do same with Israelis (Video)

By   /  July 11, 2011  /  Conflict  /  No Comments

Via +972: In the course of the demonstration yesterday, three Israeli activists were arrested by soldiers. The Israeli media reported that these activists were actually part of the ‘Welcome to Palestine’ campaign although they were unable to provide concrete facts to support their claim. The Israeli activists were charged with assaulting officers and transferred to [...]

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Obama, lawmakers divided over deficit

By   /  July 11, 2011  /  Politics  /  No Comments

PressTV US President Barack Obama and Republican leaders have failed to reach a deal over the size and components of a plan to reduce the country’s huge budget deficit. In a White House meeting on Sunday, Obama and his fellow Democrats tried to revive a push for a sweeping USD 4 trillion package that would [...]

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Megacities destroy your brain

By   /  July 11, 2011  /  Health, Science & Technology  /  No Comments

Mental-Illness

Yana Filimonova Pravda.ru The study of German scientists provided evidence showing that the brain of urban and rural residents perceives stressful situations differently. Urban dwellers respond to them much more painfully than inhabitants of villages and small towns. Moreover, their neurophysiological response to stress is so intense that it can lead to destructive changes in [...]

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Cyprus: Zygi naval base munitions blast kills 12

By   /  July 11, 2011  /  Conflict, Politics  /  No Comments

cyprus_blast464

BBC News Twelve people have been killed and about 60 injured in a massive blast at a munitions dump in Cyprus. A fire reportedly ignited about 100 containers holding confiscated Iranian explosives at the naval base at Zygi. The fire spread to the island’s largest power station. It has been knocked out, resulting in widespread [...]

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‘Mullen remarks indicate US desperation’

By   /  July 11, 2011  /  Conflict, Politics  /  No Comments

PressTV Iran’s Ambassador to Baghdad Hassan Danaifar Iran’s ambassador to Iraq says US military Chief Admiral Mike Mullen’s remarks indicate Washington’s desperation to gain Baghdad’s approval to extend its presence in Iraq. On Friday, the chairman of the US Joint Chiefs of Staff accused Iran of “supporting extremist troops” in Iraq who are responsible for [...]

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Barbara Ehrenreich: 12,000 Drones, Lethal Cyborg Insects, See-Shoot Robots — How Machines Are Taking Over War

By   /  July 11, 2011  /  Conflict, Politics, Science & Technology  /  No Comments

By Barbara Ehrenreich and Tom Engelhardt Tom Dispatch Last week, William Wan and Peter Finn of the Washington Post reported that at least 50 countries have now purchased or developed pilotless military drones.  Recently, the Chinese had more than two dozen models in some stage of development on display at the Zhuhai Air Show, some [...]

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