A profound and significant change has just occurred in the Levant – the Russian army has begun to engage against terrorism in Syria. Although Russia has been absent from the international scene since the dissolution of the Soviet Union, and
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After the devaluation of the yuan, the international financial markets started trembling. Washington accused Beijing of taking advantage of the market. As China wants to incorporate the yuan into the Special Drawing Rights, it is inconvenient to prolong the devaluation. …
The expansion of Israel’s ‘separation barrier’ is targeting Christian-Palestinian communities in the West Bank, reports Noreen Sadik.
On 17 August, Issa al-Shatleh, of Beit Jala, Palestine, started his day with news that Israeli soldiers were on the land that had …
Sharmini Peries: The Dow Jones trading took a deep drive this week, dropping over 1,000 points in the first 20 minutes of trading. It is now slowly reversing itself, but it was the greatest loss in trading since the 2010 …
With almost a whimper, the Western media reported that the US-backed regimes of Saudi Arabia, the United Arab Emirates (UAE), and their auxiliary fighters drawn from Al Qaeda have begun carrying out what is the ground invasion of Yemen. Along …
In The Matrix in which Americans live, nothing is ever their fault. For example, the current decline in the US stock market is not because years of excessive liquidity supplied by the Federal Reserve have created a bubble so overblown …
Former Defense Intelligence Agency head Gen. Michael Flynn is not backing down from his claims that elements of the US government were aware of and supported the rise of jihadists in Syria as a means by which to overthrow its …
Unstable Global Economy, Plummeting Financial Markets, Mounting Debts: “The Enslavement of Mankind”
By ,
August 26 2015
Today, Global Research brings to the attention of its readers a selection of analytical articles relating to the global economy.
Around the world, billions of dollars of wealth are seamlessly being moved from one hand to another, from one country …
President Bashar al-Assad asserted that terrorists are the true tool of the Israeli aggression on Syria and that the terrorists’ acts are more dangerous than Israel’s, therefore confronting Israel requires confronting its tools first.
In an interview given to al-Manar …
The British Labour Party no longer represents the working class. Under UK prime minister Tony Blair, the Labour Party became a vassal of the One Percent. The result has been a rebellion in the ranks and the rise of Jeremy …
Russian Parliament member Yevgeny Fedorov claims that Russian oligarchs are in negotiations with top American corporations and the White House to foment an astroturf revolution that will lead to the ouster of President Vladimir Putin and the collapse of the …
Press TV has interviewed Michael Chossudovsky, a professor of Economics at the University of Ottawa, about China’s recently declared decision to reduce its main interest rates, in a bid to stop global market indices from taking a nosedive.
Following is …
Introduction
Eight months will have passed since the election of Syriza onJanuary 25 up to the snap elections in September. During that time Syriza’s leaders play-acted their ‘opposition to austerity’ and then knelt down in submission to the ‘Troika’.
The …
Good news, everybody! The markets are rebounding! Yes, we just a hit a minor bump in the road there, but don’t worry, everything is back to normal now. Let’s forget about the tail end of last week and this …
Longstanding US/Israeli plans call for redrawing the Middle East map, replacing independent governments with pro-Western puppet regimes, balkanizing Iraq, Syria, Iran and other regional countries for easier control, looting their resources, and exploiting their people.
Analyst Mahdi Darius Nazemroaya says …
Crashing global stock markets – punctuated by the bracing 1,000-plus point drop in the Dow Jones Industrial Average at the start of Monday’s trading before a partial bounce-back – are a reminder about the interdependence of today’s world economy and …
Right-wing extremists attacked refugee accommodations over the weekend in the small town of Heidenau near Dresden. Over three successive nights they repeatedly attacked police and left-wing counter-demonstrators with fireworks and stones, all while chanting Nazi slogans.
German Chancellor Angela Merkel …
The appointment by Israeli prime minister Benjamin Netanyahu of one of his most hawkish and outspoken rivals as Israel’s new ambassador to the United Nations has prompted widespread consternation.
As one Israeli analyst noted last week, Danny Danon’s appointment amounts …
Binyamin Netanyahu has been left sidelined as UK re-opens its embassy in Teheran in anticipation of renewed diplomatic and commercial ties between these two major world economies and as European firms race for Iranian oil projects worth up to $185 …
The British political and media establishment is aware that Jeremy Corbyn’s win in the Labour leadership election would present a very significant obstacle to the political and militarist business as usual. Having a leading peace campaigner as leader of the …
For thousands of years, African societies were matriarchal and they prospered. By bringing an oppressive form of Colonial Christianity to Africa, Europeans replaced millennia of prosperous matriarchy with oppressive patriarchy.
People are not equal in death, either. Some deaths are more newsworthy than others. The media and politicians love spectacular acts of terror, fires, disaster, the death of the wealthy and privileged, a death conducive to a cause. Such is …
In an anti-democratic decision that is clearly bad politics and which colludes in serious human rights violations, David Cameron is currently ignoring the demand of 85,000 British citizens for the arrest of Benjamin Netanyahu on alleged war crime charges, regardless …
Last week, NATO headquarters announced Exercise Swift Response-15, the largest Allied airborne training event on the European continent since the end of the Cold War. About 5,000 soldiers from 11 countries in the alliance will take part in the maneuvers, …
I have written recently about Israel’s efforts to wipe off the map the 1,000-strong Bedouin community of Umm al-Hiran in the Negev (Naqab) so that Jews can live in their place. Dozens of other Bedouin communities in Israel – known …
This is an update to “Which U.S. Senators Want War on Iran.” But Blumenthal is still undecided, so it’s 15.
I’ve found there isn’t really any way to touch on this topic without misunderstanding, but here’s a try. …
The means, motivation, and opportunity have all already long been established linking last week’s unprecedented terror attack in Bangkok to ousted US-backed “dictator” Thaksin Shinawatra and his foreign sponsors. It has also been established that nearly all of the potential …
Demand Tsarnaev Trial Juror Names; Continue to Ignore Real Questions about the Bombing
The Boston media are furious at information being withheld about the Boston Marathon bombing. But wait — it isn’t what you think. No, they have not suddenly …
A legal system that can confer rights but not ensure that they can be enjoyed is a cruel hoax.
Thinkers are rare, but stinkers abound in the legal profession.
Consider the sentence, Ours is a nation of poems. Do you …
Two headline stories dominate discussion of China’s energy trajectory right now. The first is that reports from three agencies all point to the continuing decline in use of coal in the first half of 2015, continuing a trajectory already notable …
Monday trading showed Dow stocks plunging 1,089 points in minutes at the opening before rebounding sharply, then closing down 588 points – the single largest intraday point move in one of the most volatile trading days in stock market history, …
Financial markets are rigged by the megabanks. Powerful financial institutions including JP Morgan Chase, HSBC, Goldman Sachs, Citigroup, et al and their affiliated hedge funds have the ability of “pushing up” the stock market and then “pulling it down”.
Syrian President Bashar al-Assad has called the foreign-backed terrorists operating in Syria as the agents of Israel, saying that their crimes are much more hazardous than what the Tel Aviv regime is doing.
During a Monday interview with Lebanon’s al-Manar
President Obama’s surprise announcement last December to normalize relations with Cuba has produced a flurry of media interest in this island nation that has been off-limits to Americans for more than half a century. Much of the coverage has focused …
With the global economy in shambles, IMF’s Ms. Christine Lagarde’s statement on Greece is particularly revealing:
To read Ms. Lagarde’s statement, click image to enlarge
Key points are:
1) Per Lagarde, “of critical importance for Greece’s ability to return to …
With the failure to find “weapons of mass destruction” in Iraq, and the disastrous outcome of that war, one would think the War Party would be so discredited that they’d never make a comeback – that they’d never be able …
It reads like the idealisation of tourism. Enthusiastic, intrepid traveller goes to an impoverished state marred by natural disaster to encourage currency, consumption and travel. In this sense, it is a global phenomenon, involving a good deal of hustling, and …
While the western mainstream media meme is that “this is all China’s fault” – despite the fact that the real break happened after the FOMC Minutes last week – Xinhua reports that China central bank blames wide-spread expectations of a …
The Food and Drug Administration (FDA) is aiding and abetting criminal companies.
There are various solutions to this ongoing catastrophe that would depend on the basic honesty of Big Pharma. That honesty doesn’t exist. And the Dept. of Justice has …
The Macedonian government opened its border with Greece on Sunday after several thousand refugees broke through the police barricades there on Saturday.
Prior to this, a state of emergency had been imposed in the border region. For three days, Macedonian …
World stock markets continued to plummet Monday, fueled by another steep decline in Chinese shares and concerns over a marked slowdown in the world’s second-largest economy and turmoil in emerging market economies.
The Shanghai Composite Index fell 8.5 percent, its …
World fate cannot be determined by one country, Russian Foreign Minister stressed
Attempts to falsify the history of the Second World War offend peoples and undermine the foundations of modern world order, Russian Foreign Minister Sergey Lavrov wrote in an …
If someone has had the good fortune not to encounter the world of U.S. police and prisons, and the misfortune to learn about the world from U.S. schools, entertainment, and “news” media, a great place to start understanding one of …
Organizing is continuing for the Charleston, South Carolina “Days of Grace, Love’s Work is Justice” which will be held over Labor Day Weekend on Sept. 5 to 6 in commemoration of the nine Emanuel African Methodist Episcopal (AME) Church parishioners …
Protests about the lack of proper city sanitation services have quickly escalated into full-blown calls for regime change.
Lebanese protesters demonstrated in Beirut this weekend as part of the “You Stink” movement, which was organized by citizens fed up with …
A conference sponsored by the United States State Department began on Aug. 24 in Libreville, Gabon to further promote trade between Wall Street and Africa.
Gabon, a former French colony, is an oil producer which has maintained friendly relations with …
European Union (EU) spokesperson Maya Koijanic’s recent outburst against a planned Russian, Belarusian and Serbian military exercise, is hypocritically ironic, in line with an ongoing bias against Russia – prevalent among some key elements within Western foreign policy strategizing …
In July, China regained its status from the U.S. as the world’s biggest crude oil importer. Overseas purchases by China rose to 29.49 million metric tons in June, a 27 percent increase from May. That’s equivalent to about 7.2 million …
This article was originally published by Who What Why
This article was originally assigned, accepted, and paid for in full by Vanity Fair — which never got around to publishing it, and graciously released it to the author. It tells …
A legal case to sue the United Kingdom for its role in handling the state of Palestine and the subsequent suffering of the Palestinian people will receive a verdict on 28 September.
Activists involved with the campaign, which is currently …
First time in US history, an American president dares to oppose the pro-Israeli lobby AIPAC. The crisis deepening day by day upon the Iran nuke deal between the US and its biggest ally in the Middle East, Israel
U.S. President …
The ‘immigration crisis’ in Europe continues to worsen as a result of Western-instigated chaos in the Middle East and African countries. Several EU nations are facing a drastic influx of desperate people, with little resources available to help them.
Approximately …
Kerry-anne Mendoza explains how Labour Party leaders have banned her and many others from voting for Jeremy Corbyn.
The first wave of the UK Labour Party’s purge of registered supporters has begun, and I and many others outside of the …
It’s not your imagination …
This Came hot on the Heels of the largest weekly increase in volatility in history.
GR Editor’s Note
Brilliant analysis by Washington Blog: the figures speak for themselves.
Monday August 24, 2015: Massive Decline of …
Malaysia’s “Bersih” movement – an umbrella organization for various opposition groups opposed to the current government of Prime Minister Najib Razak – plans its fourth street demonstration in 8 years to unfold at the end of August.
While Bersih’s alleged …
A year after Israel launched premeditated aggression on Gaza last July, the Gisha Legal Center for Freedom of Movement said:
“(T)he Strip remains in ruins, light years away from the reconstruction many had hoped for.
Despite the growing recognition amongst …
A woman in a black and white dress stood with a huge pot on her head. She had walked for days, with her two young children also carrying goods, to reach the camp for internally displaced persons in Bentiu, South …
I’ve done it, pushed out my boat on to uncharted seas and voted for Jeremy Corbyn to be leader of Britain’s Labour Party. I thought I should do it before the notorious ‘they’ took away my chance to vote because …
How “Liberalism” Creates Islam as its Enemy
By ,
August 24 2015
The West today is thought of as the home of liberal values: tolerance, women’s and gay rights, compassion and empathy in democratic spheres. Islam has been positioned as liberalism’s other: intolerant, misogynistic, homophobic and cruel.
Joseph Massad’s new book Islam …
Global Research Top Stories: Stock Market Collapse, Imperial Wars
By ,
August 24 2015
This week is a period of geopolitical and financial turmoil.
We bring to the attention of our readers a selection of Global Research News and Analysis
SELECTED ARTICLES
Disappearance of Malaysian Airlines Flight MH370: Investigators Fail to Link Reunion Aircraft …
Three weeks ago, when we last looked at the collapse in trade along what may be the most trafficked route involving China, i.e., from Asia to Northern Europe, we noted that while that particular shipping freight rate Europe had crashed …
We are now in the “full on” market crash phase which was predicted many weeks in advance. It comes as no surprise to us whatsoever. The purpose of this update is to consider what is likely to happen over the …
When investing becomes gambling, bad endings follow. The next credit crunch could make 2008-09 look mild by comparison. Bank of International Settlements(BIS) data show around $700 trillion in global derivatives.
It’s officially Black Monday, if only in China for now.
We warned on Friday, after last week’s China rout, that the market is getting ahead of itself with its expectation of a RRR-cut by China as large as …
The Chinese stock markets had their worst day in eight years with the benchmark Shanghai Composite Index tumbling 8.49 percent to close at 3209.91 points.
This is the steepest dive since Feb. 27, 2007, and comes less than a month …
In early December 2014, Senate Intelligence Committee Chair Dianne Feinstein, D-Calif., released a summary of her staff’s five-year investigation of the CIA’s interrogation programs following 9/11.
Best known as the “Torture Report,” the document revealed searing details of ghastly abuses …
Former Greek Finance Minister Yanis Varoufakis is continuing his effort to distance himself from the austerity memorandum Syriza Prime Minister Alexis Tsipras has agreed to impose. In doing so, he is succeeding only in confirming the bankruptcy of the entire …
The United States is providing a thinly-veiled cover virtually legitimising the use of cluster bombs – banned by an international convention – by Saudi Arabia and its allies in their heavy fighting against Houthi rebels in Yemen.
Asked if cluster …
Fraport, which ironically is majority-owned by state and local governments in Germany, has cherry-picked among Greece’s network of regional airports to take over only those that make a profit. It is happy to leave the 30 other loss-making airports in …
A report released earlier this month found that the number of Americans living in neighborhoods of extreme poverty, where more than 40 percent of the population is at or below the federal poverty line, has nearly doubled since 2000, rising …
Nestle has found itself more and more frequently in the glare of the California drought-shame spotlight than it would arguably care to be — though not frequently enough, apparently, for the megacorporation to have spontaneously sprouted a conscience.
Drought-shaming worked …
Blanketed by its wealth and protected by political alliances, Saudi Arabia has covertly run and promoted a new movement in the Middle East: religious eugenics, under the false pretense of opposing the rise of Iran. From Syria to Bahrain and …
Israel’s former defence minister says three plans to attack Iran – backed by himself and the premier – failed to secure security cabinet consensus
Israel’s former defence minister Ehud Barak has said in an interview that three Iran attack plans …
Are we witnessing the corruption of central banks? Are we observing the money-creating powers of central banks being used to drive up prices in the stock market for the benefit of the mega-rich?
These questions came to mind when we …
We are living in a (western) world dominated by neoliberal dictators, criminals and crooks. And many of us, impregnated with the human idiocy, as so well described by Andre Vltcheck (The West Spreads Intellectual Idiocy) are every day …
As World Water Week kicks off in Stockholm with a theme of ‘Water for Development’, the drought being deliberately inflicted on Palestinians is firmly on the agenda, writes Laith Shakir. While Israelis water their lawns, irrigate crops and swim in …
A January 2015 report from Columbia University’s Mailman School of Public Health reveals that forty four percent of children (those under 18) are living in de facto poverty. The Federal Government issues an artificially low annual official poverty level that …
The following article is the English translation of a report that appeared on the French website LaDepeche.fr, stating that investigators who have been examining the flaperon of a plane found on Reunion have been unable to find any evidence …
By now it is nearly commonplace that the specific American system of capitalist governance has resulted in a hollowing-out of U.S. democracy, which now serves the interests of economic elites rather than the people. One of the primary examples of …
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