Document by intelligence company suggests Israel, Russia contracted deal several years ago under which Israel provided Russia with codes for UAVs it sold to Georgia in exchange for Iranian aerial defense system codes
The Russia Today (RT) Moscow-funded propaganda channel, which is backing the murderous regime of Syrian President Bashar al-Assad, aired a special program on Tuesday night on how progressives in the U.S. can “Take Back the American Dream” by defeating Republicans. The propaganda effort was broadcast throughout the United States and produced in collaboration with major [...]
The U.S. middle class is still incredibly wealthy by international standards.
After 30 years of greed being good and rising tides lifting all boats, inequality — or “class warfare,” if you prefer — is back on the political agenda.
The Occupiers who camped out in central squares from Melbourne to Oakland, denouncing the “1 percent” [...]
At last, an explanation for Wall Street’s disgrace, Bernard Madoff’s Ponzi scheme and other high-society crimes and misdemeanors: A new study published in the Proceedings of that National Academy of Sciences found that wealthier people were more apt to behave unethically than those who had less money.
Scientists at the University of California at Berkeley [...]
The next big global financial crisis will emanate from China. That is not a firm prediction. But few countries have avoided crises after financial liberalization and global integration. Think of the U.S. in the 1930s, Japan and Sweden in the early 1990s, Mexico and South Korea in the later 1990s and the U.S., UK and [...]
While recent developments seem to suggest some positive news for the global economy, there are at least four downside risks that could materialize this year – undermining global growth and eventually negatively affecting investor confidence and market valuations of risky assets.
First, the eurozone is in deep recession, especially in the periphery, but now [...]
ECRI is one of the more widely respected firms on economic recessions, as it has never been wrong when forecasting that a recession would start, or failed to predict a recession well before it was widely accepted.
Achuthan predicts the recession will happen even without a new shock to the economy, such as a [...]
Iran has no capability to defend against a missile strike, said Ferrero, the expert on Middle East missile arsenals.
“If the Jerichos are accurate enough to get to their targets, they will get to their targets,” he said.
What Iran does have is hundreds of Shahab 3 medium range ballistic missiles, according to U.S. estimates. [...]
The Chinese foreign ministry spokesman, Hong Lei, said in Beijing that the offshore areas belonged to China. “It is illegal for any country, government or company, without the Chinese government’s permission, to develop oil and natural gas in waters under Chinese jurisdiction,” Hong said, when asked to comment on the Philippine plan.
Rejecting China’s position, [...]
Michael Coren & Robert Spencer: Jolly Old Dhimmi England