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Houston Warns Bridges And Roads Are “Starting To Fail”
Houston Warns Bridges And Roads Are “Starting To Fail” As Tropical Storm Harvey heads back inland, slamming southwest Texas with another 15-25 inches of rain, Housting officials are reporting that the city’s critical infrastructure is starting to fail under the weight of the floodwaters, and may soon collapse. According to Reuters, roads and bridges in […]
Rome’s Transport System Faces “Meltdown,” On Brink Of Collapse
Rome’s Transport System Faces “Meltdown,” On Brink Of Collapse New York City’s deteriorating subway has a rival for world’s most dysfunctional public transportation system. After only three months on the job, Bruno Rota, the head of Rome’s public-transit company has announced that he’s leaving his post, saying that the Italian capital city’s decaying transportation system […]
There Is No Excuse For Janet Yellen’s Complacency
There Is No Excuse For Janet Yellen’s Complacency Janet Yellen has been reported by Reuters as saying in London yesterday that “she does not believe that there will be a run on the banking system at least as long as she lives”: “Would I say there will never, ever be another financial crisis? You know […]
Fake News From the Fed
Fake News From the Fed What you see in the media is mostly “fake news.” Reuters had this story recently: Most Federal Reserve policymakers think the central bank should take steps to begin trimming its $4.5 trillion balance sheet later this year as long as the economic data holds up, minutes from their last meeting […]
Air China Suspends Flights To North Korea As Kim Vows “Merciless Response To Any US Provocation”
Air China Suspends Flights To North Korea As Kim Vows “Merciless Response To Any US Provocation” In the latest escalation over what may be an imminent preemptive airstrike on North Korea by US warships now located just 300 miles away from the North Korean nuclear test site, moments ago China’s national airline, Air China, announced […]
Mattis “We’re Not In Iraq To Seize Anybody’s Oil”
Mattis “We’re Not In Iraq To Seize Anybody’s Oil” In the latest distancing by Trump administration advisors from recent statements by the President, Defense Secretary Jim Mattis arrived in Baghdad on an unannounced visit on Monday to discuss the war effort against ISIS, and said that the US military is not in Iraq “to seize […]
Alabama, Tennessee, & Georgia Declare States Of Emergency As Gas Shortages Loom After Pipeline Leak
Alabama, Tennessee, & Georgia Declare States Of Emergency As Gas Shortages Loom After Pipeline Leak As Native Americans protesters face arrest in North Dakota for blocking the construction of the Dakota Access Pipeline, TheAntiMedia’s Carey Wedler reports a gasoline pipeline spill is currently unfolding in the South. The leak has prompted Alabama Gov. Robert Bentley, Tennessee Gov. Bill Haslam, and Georgia Gov. […]
Puerto Rico Defaults On $2 Billion In Debt Payments
Puerto Rico Defaults On $2 Billion In Debt Payments As expected, Puerto Rico will default on about $2 billion in debt payments Friday, including $780 million in constitutionally-backed general obligation bonds, as governor Alejandro Garcia Padilla has issued an executive order authorizing the suspension of payments. In addition, Garcia Padilla also declared states of emergency at the island’s […]
Italy Granted “Extraordinary ” €150BN Bank Bailout Program To Prevent “Panic, Run On Deposits”
Italy Granted “Extraordinary ” €150BN Bank Bailout Program To Prevent “Panic, Run On Deposits” As we noted today, the rumors of an Italian bank bailout, which started on Monday morning, and were promptly shot down by Merkel the next day, got louder after a Reuters report that the Italian government is considering more creative ways to inject liquidity […]
US Hacking, Spyware Targets Include Mass Media, Phone, and Energy Companies
US Hacking, Spyware Targets Include Mass Media, Phone, and Energy Companies Posted on May 19, 2016 by Robert Barsocchini US corporate government wants to control and drain as much of the world as possible. Reuters, The Register, and others summarize some of its methods: “The U.S. National Security Agency has figured out how to hide spying software deep within hard drives …. giving the […]
China Furious After US Launches Trade War “Nuke” With 522% Duty
China Furious After US Launches Trade War “Nuke” With 522% Duty Now that China’s brief infatuation with “rationalizing” excess capacity in its massively glutted (and insolvent) steel sector is over after lasting all of 2-3 months, China is back to doing what it did in late 2015 (and what it has always done) when as […]
China Warns US: “Don’t Disturb” Hong Kong Social Order; Threatens “Bad Reaction”
China Warns US: “Don’t Disturb” Hong Kong Social Order; Threatens “Bad Reaction” Over the past few months, tensions have been high between the U.S. and China. Events such as China denying USS John C. Stennis and its escort ships access to a Hong Kong port showed just how strained relations have become between the two countries, and with […]
America’s Biggest of All Big Lies (I)
ERIC ZUESSE | 05.05.2016 | WORLD America’s Biggest of All Big Lies (I) On April 26th, Reuters headlined from Romania, «‘We’re Not Here to Provoke,’ Say US Pilots on Putin’s Doorstep», and gave as an example: «‘We’re not here to provoke anybody, we’re here to work with our allies,’ says Dan Barina, a 26-year-old pilot on his first trip to a […]
Saudi Foreign Minister Repeats Warning To US Over Sept 11 Law
Saudi Foreign Minister Repeats Warning To US Over Sept 11 Law The biggest financial and geopolitical story from mid-April was Saudi Arabia’s threat that should the US pass a bipartisan law which would take away immunity from foreign governments in cases arising from a “terrorist attack that kills an American on American soil” and specifically could hold […]
