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Richest 1% will grab more than half of world’s wealth by 2016

Tax evasion by corporations and wealthy individuals to invest in universal and free public services is one of the ways in which the richest 1% will increase its share. As we had announced in 2013, the wealth accumulated by the most powerful and influential 1% population will exceed that of the remaining 99% next year, if current trends of rising inequality continue as they are. Every year, the richest multiply their ...Read full article...

Oil Prices: What Goes Around Comes Around

As this article is written, West Texas Intermediate (WTI) crude stands at $45.69 a barrel. Brent at $46.59. Down from their $114 a barrel 2014 high. Off 14% in 2015’s first eight trading days. Steady at the moment as this is written. How low can prices go? Forecasts are suspect at best. Revised as conditions change. Especially when as fast-moving as now. The latest US Energy Information Administration forecast ...Read full article...

As the United States wages war, Russia looks towards Latin America

Sanctions imposed by Europe and the US have led Russia to realize that it needs neither of them to survive politically or commercially. MOSCOW – Russian industry is leaving its stigma of being an exclusive club that it had since the times of the former Soviet Union and now it is firmly committed to approaching Latin America to consolidate its internationalization and strength. One of the approaches between companies ...Read full article...

The Fiction of Economic Recovery

Magic Growth Numbers From the U.S. Government Everyone wants good news, so the government makes it up. The latest fiction is that US real GDP grew 4.6% in the second quarter and 5% in the third. Where did this growth come from? Not from rising real consumer incomes. Not from rising consumer credit. Not from rising real retail sales. Not from the housing sector. Not from a trade surplus. ...Read full article...

US Public Authorities complicit in Manipulation of the Gold and Silver Bullion Markets

Note: In this article the times given are Eastern Standard Time. The software that generated the graph uses Mountain Standard Time. Therefore, read the x-axis two hours later than the axis indicates. The Federal Reserve and its bullion bank agents are actively using uncovered futures contracts to illegally manipulate the prices of precious metals in order to keep interest rates below the market rate. The purpose of manipulation is to ...Read full article...

Regime Change In Cuba

Normalization of relations with Cuba is not the result of a diplomatic breakthrough or a change of heart on the part of Washington.  Normalization is a result of US corporations  seeking profit opportunities in Cuba, such as developing broadband Internet markets in Cuba. Before the American left and the Cuban government find happiness in the normalization, they should consider that with normalization comes American money and a US Embassy.  The ...Read full article...

Financial Market Manipulation Is The New Trend: Can It Continue?

Financial Imperialists Attack Russia A dangerous new trend is the successful manipulation of the financial markets by the Federal Reserve, other central banks, private banks, and the US Treasury. The Federal Reserve reduced real interest rates on US government debt obligations first to zero and then pushed real interest rates into negative territory. Today the government charges you for the privilege of purchasing its bonds. People pay to park ...Read full article...

Market Euphoria: The Mother of All Ponzi Schemes

The bubble of all bubbles. A house of cards waiting to collapse, says Paul Craig Roberts.  A great unraveling looms. America’s economy based on market manipulation. Rigging things one way. Smoke and mirrors deception. Money printing madness. Privatizing profits. Socializing losses. Upside down reality. Shifting wealth in unprecedented amounts. More than what’s comprehensible. To monied interests. From ordinary folks. Stealing them blind. Creating ruler/serf societies. Notably in America. Enforced ...Read full article...

The Climate Alarmists are Killing the Poor all over the World

by William F. Jasper The New American December 1, 2014 Media mogul Michael Bloomberg is one of the richest men on the planet, with an estimated personal net worth of more than $34 billion. Since stepping down as mayor of New York City he has stepped up his propaganda activities in the climate wars. On January 31, 2014, United Nations Secretary-General Ban Ki-moon announced that he had appointed Mr. ...Read full article...

OPEC to Declare War on the US on Thanksgiving Day

Marin Katusa, Chief Energy Investment Strategist Casey Research November 26, 2014 On Thanksgiving Day in the US, the Organization of the Petroleum Exporting Countries (OPEC) will meet in Vienna. The hot question of the day is, of course: Will OPEC cut oil production or not, and by how much? Saudi Arabia alone makes up 25% of OPEC’s oil production and is OPEC’s controlling member. Will Saudi Arabia want a ...Read full article...

“Free Trade” Agreements Are Criminalising Farmers’ Seeds

Eradicating small and mid-size farming is being carried out for the Benefit of Multinational Corporations GRAIN – What could be more routine than saving seeds from one season to the next? After all, that is how we grow crops on our farms and in our gardens. Yet from Guatemala to Ghana, from Mozambique to Malaysia, this basic practice is being turned into a criminal offence, so that half a ...Read full article...

G20 Nations Heavily Subsidizing Environmental Polluters

Despite experts recommending that G20 nations end these subsidies to coal industry on the grounds that promote the negative effects of climate change, industrialized countries continue to subsidize polluters. SIDNEY – Instead of investing in so-called clean energy sources Australia has offered 3,500 million euros annually for companies to explore and extract coal mines in the country. Subsidies will be given in the form of direct spending and tax breaks, according to a report released today. ...Read full article...

Kiev Government cancels social benefits and pensions in eastern Ukraine

KIEV – “As the Donetsk and Lughansk regions remain under control of all kinds of impostors, they will not receive funds from the central budget. The government will not fund terrorists and impostors“, said yesterday the Ukrainian Prime Minister Arseniy Yatsenyuk. Last Sunday, the self-proclaimed republics of Donetsk and Lugansk held elections that, according to Kiev, violated the peace agreement signed in Minsk. Estimates of the Ministries of Finance ...Read full article...

U.S. investigating JP Morgan Chase for Manipulation of Currency Market

NEW YORK – The United States Justice Department is investigating the US largest bank, JP Morgan Chase, for alleged manipulation of the international currency market. The announcement was made today by both JP Morgan representatives as well as the Securities and Exchange Commission (SEC). JP Morgan estimates that legal costs arising from this case will amount to $5,9 billion, more than it expected three months ago. The bank, which ...Read full article...