It is the 20th of February 2018

News

Here Is Goldman's Chart Showing Why The US Is Headed For "Banana Republic" Status

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  • 19 hours, 18 minutes ago
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Earlier today we discussed a report by Goldman Sachs which, when summarized, suggested that unless something significant changes in the coming years, the current US fiscal policy will lead to a debt catastrophe. In an unprecedented warning, the bank which spawned Trump's chief economic advisor Gary Cohn, ironically the architect behind Trump's fiscal strategy, warned that "the continued growth of public debt raises eventual sustainability questions if left unchecked."

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"We Don't Have The Culture To Manage Risks" - Largest-Ever Indian Bank Fraud Exposes Systemic Flaws

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  • 20 hours, 15 minutes ago
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Stocks of Indian jewelers and state-run banks have been sinking since Friday, when the full extent of what's now understood to be the largest bank fraud case in Indian history was unveiled in a complaint to Indian federal banking regulators filed by the the Punjab National Bank, a state-owned bank based in New Delhi.

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Kofi Annan Echoes Soros Scaremongery: "Social Media Threatens Democracy"

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  • 20 hours, 45 minutes ago
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Just a few short weeks after billionaire George Soros spoke in Davos, demanding that the European Union regulate social media because voters’ minds are being controlled and "manipulated," none other than former secretary-general of the United Nations and Nobel Peace laureate, Kofi Annan, has issued an op-ed very much in support of Soros' free-speech suppression ideas... with very similar phrasing... and using the same double-speak 'war is peace, ignorance is strength' narrative to demand the regulation of social media.

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Russia Warns US To "Stop Playing With Fire" In Syria, Immediately Leave Area It Controls

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  • 21 hours, 14 minutes ago
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Two weeks after a US B-52 strike killed scores of Russian mercenaries in Syria, which according to Bloomberg and Reuters were are as many as 200, while Russia said no more than 5 Russians were killed in the attack then promptly refused to discuss the embarrassing topic further, Moscow has clearly not forgotten this latest - and most serious - escalation in the 7-year-old proxy war, and on Monday Russian Foreign Minister Sergei Lavrov warned the Trump administration not to “play with fire” as he lashed out at the U.S. over what he described as its “provocative” support for autonomy-seeking Kurds in Syria, while urging US troops in the area of Al-Tanf to "leave immediately."

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