Comment: I am introducing a new service called IntelBrief, a list/summary of news links on a single page. IntelBrief will allow me to cut back on the number of news items published during each update, and will benefit you, the reader, as you will have less to scan through and decide which one(s) to read. I will still offer categorized news, but will generally publish full length articles in selected categories. Each update, from now on, will comprise 10-13 posts.
Global systemic crisis in summer 2009: The cumulative impact of three rogue waves
This evolution is likely to catch large numbers of economic and financial players on the wrong foot who decided to believe in today’s mainstream media operation of “euphorisation”.
In this special « Summer 2009 » edition, our team describes in detail these three converging « rogue waves » and their impact, and gives a number of strategic recommendations (currencies, gold, real estate, bonds, stocks, currencies) to avoid being swept away in this deadly summer.
US private sector sheds 473,000 jobs
US companies cut nearly a half million jobs last month as the recession continued to cut into the labour market in spite of other recent signs of hope in the economy.
Delinquencies Double on Least-Risky Loans, U.S. Says
Delinquency rates on the least-risky mortgages more than doubled in the first quarter from a year earlier as U.S. efforts to help homeowners failed to keep pace with job losses that pushed more borrowers toward foreclosure.
Mortgage applications fall to 7-month low: Higher rates, worries about job security dampen demand
U.S. mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30 percent, data from an industry group showed on Wednesday.
Bank Woes Deepening in Europe
When the financial crisis struck the global economy last autumn, European governments moved swiftly to keep their biggest banks from falling into an abyss — never mind fears over nationalization.
US remains silent over McKinney arrest by Israel
Nearly a day after the detention of former US lawmaker Cynthia McKinney by Israeli forces, Washington has yet to make a reaction. Israeli Navy detained former US congresswoman and Nobel Prize laureate Cynthia McKinney and twenty other human rights activists on board a relief boat outside Israel's territorial waters on Tuesday as they were heading to Gaza on a humanitarian mission.
North Korea: Cases of Aerial Espionage against DPRK on Steady Increase
The U.S. imperialists and the south Korean puppets desperately perpetrated aerial espionage against the DPRK in June by mobilizing strategic and tactical reconnaissance planes with various missions, according to a military source.
Former CIA chief in Algiers charged with sexual abuse
A former CIA station chief in Algeria has been indicted in Washington on a charge of sexual abuse involving an alleged sexual assault of an unidentified Algerian woman at his official residence in the Algerian capital last year, according to government documents.
U.S. spy says just followed orders in Italy kidnap
A former U.S. spy at the center of a kidnapping trial in Italy appeared to acknowledge a role in the abduction of a Muslim cleric but said he was only following orders, according to a rare interview published on Tuesday.
NAFTA And The Drug Cartels: "A Deal Made In Narco Heaven"
During the first year of his administration, President Bill Clinton made free trade a top priority, pushing for the passage of the controversial North American Free Trade Agreement. It wasn't an easy task. Having helped Democrats take the White House for the first time in twelve years, organized labor was in no mood to see manufacturing jobs shipped to Mexico.
Racial profiling still prevalent, report says
Widespread racial profiling by law enforcement officers “continues unabated” in Rhode Island and remains pervasive throughout the United States, according to a new report by the American Civil Liberties Union and the Rights Working Group — a national coalition of civil liberties, national security, immigrants rights and human rights organizations that formed in the aftermath of 9/11.
Defense chief wants to moderate ban on gays in military
Defense Secretary Robert Gates said Tuesday that he wants to make the law banning gays from serving openly in the military "more humane" until Congress eventually repeals it
A College Degree Is a Bad Idea For Most Students, It's Just Not Worth It
The four-year college degree has come to cost too much and prove too little. It's now a bad deal for the average student, family, employer, professor and taxpayer.
UK: Student grants and loans to be frozen and tuition fees to increase
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