China Confirms Building Its First Aircraft Carrier
The Chinese military has confirmed that it is constructing its first aircraft carrier.
Meredith Whitney again warns of muni defaults, housing double-dip
Famed analyst Meredith Whitney, who ignited a firestorm of controversy last December when she warned that the U.S. will witness waves and waves of bond defaults by state and municipal governments (costing up to hundred billion dollars) reiterated her gloomy prediction.
No Ground Troops In Libya Post-Gaddafi: NATO Chief
NATO will not place any ground troops on Libyan soil after the civil war there is over, according to Secretary-General Anders Fogh Rasmussen.
NATO defense ministers meet in Brussels to discuss Libyan campaign
NATO defense ministers are meeting in Brussels to discuss the progress of the ongoing military campaign in Libya, as NATO missiles continue to mercilessly bomb the compound of Moammar Gaddafi in Tripoli.
Early Letter By Adolf Hitler On Jews Put On Display In NY
A famous letter about Jews written by a young Adolf Hitler has been put on display in New York’s Museum of Tolerance.
Micro-Cap Investing: Tiny Companies, Huge Potential Returns
Micro-cap stocks occupy an unusual niche in equity investing.
Ben Bernanke's Speech On US Economic Outlook (FULL-TEXT)
Fed Chairman Ben S. Bernanke Speech At the International Monetary Conference, Atlanta, Ga. on June 7, 2011
Turkey’s 2011 Elections: A Nation At A Crossroad
The election this weekend in Turkey is expected to bring an easy victory to the ruling Justice and Development Party (AKP) of Prime Minister Tayyip Erdogan.
U.S. Seeks To Sabotage Pakistan Nuclear Sites: Iran
The President of Iran Mahmoud Ahmadinejad has claimed that the U.S. government is secretly planning to sabotage Pakistan’s nuclear sites in order to further de-stabilize that country.
Almost One-Quarter of All U.S. Home Mortgages Under Water
Just under 23 percent of all home mortgages across the United States are currently “under water,” according to a report by CoreLogic, the information, analytics and business services firm.
Ted Nugent Praises Mark Zuckerberg’s Vow To Eat Only What He Kills
Rock legend and hunting enthusiast Ted Nugent has praised Facebook founder Mark Zuckerberg for declaring he will only eat what he kills.
NATO air strikes targets Gaddafi compound
Low-flying NATO jets have reportedly conducted a rare daytime bombing campaign on Tripoli, Libya, setting off huge explosions and also striking the military barracks and compound of Moammar Gaddafi.
Two Saudi Soldiers Killed At Restive Yemeni Border
The Saudi Arabian interior ministry said that two of its border guards were killed by a man with a machine gun who tried to cross into Yemen, before being shot dead by Saudi forces.
Radiation released at Fukushima double the original estimate
The amount of radiation that leaked from the crippled Fukushima nuclear power plant in the first week after the disastrous tsunami struck is more than double the original estimate, according to the country’s nuclear safety agency.
Evidence growing that Iran is arming Taliban in Afghanistan
There is renewed evidence that Iran is providing weapons to the Taliban in Afghanistan – weapons that are used to kill both Afghan and foreign troops in the country.
The Rise Of Asian Women In British Politics
Last May, six Asian women were elected to the British Parliament; and there are expectations that this number will increase in the coming years.
State of Alaska To Release Sarah Palin’s E-Mails On Friday
The State of Alaska will release more than 24,000 pages of former Governor Sarah Palin’s emails on Friday morning, according to a report on msnbc.com.
Venezuela Relations With US Frozen Over Iran Sanctions: Report
Venezuela has broken off its relations with the United States after Washington hit Venezuela's state-owned oil company with sanctions for providing gasoline to Iran, according to Press TV, the state-owned Iranian news network.
Mladic Receives Army Pension: Lawyer
Alleged war criminal Ratko Mladic, who is facing charges of genocide at a court in The Hague after extradition from Serbia, has had his army pension unblocked, according to his attorney
Turkey’s Top Ruling Politicians Blast The Economist For Endorsing Opponents
Turkish political leaders have blasted an editorial in The Economist magazine which called for the country’s voters to support the opposition in this weekend’s election.
At least 40 Security Officers Killed In NW Syria: Report
Syrian state news claimed that at least 40 of the government’s security officers and policemen were killed by “armed gangs” in an ambush and bombing in the northwestern town of Jisr al-Shughour.
Greeks Protest Austerity Cuts As Papandreou Prepares To Submit New Budget to Parliament
Tens of thousands of irate Greeks staged a huge rally in central Athens on Sunday to protest the government’s plan to deepen spending cuts and increase taxes even further to meet terms of its bailout from the European union and International Monetary Fund.
India To Buy 10 U.S. Aircraft for $4-Bln
India is close to awarding a $4-billion defense contract to the U.S. to purchase ten C-17 Military aircraft, according to a report in the Associated Press.
Major drug companies cut vaccine prices in developing countries
A group of major western pharmaceutical companies announced that they will significantly reduce the prices they charge for vaccines in the developing world.
UK Foreign Secretary Meets With Libyan Rebels
The British Foreign Secretary William Hague has visited with Libyan rebel groups in the eastern part of the country in a bid to support and uphold the opposition movement seeking to remove Moammar Gaddafi from power.
Former Egyptian Finance Minister Sentenced To 30 Years
A criminal court in Egypt has sentenced former finance minister Youssef Boutros-Ghali to thirty years in prison for graft and corruption.
What Was D-Day?
This Monday, June 6, will be the 67th anniversary of the most decisive battle of World War II which finally turned the tide against Nazi Germany and ultimately paved the way for an Allied Victory in the European Theatre.
Employment Data & Market Implications
A weaker than expected May jobs report and downward revisions to the March and April releases has rekindled fears of either a double dip recession or a stagflationary economic environment.
France working with Gaddafi aides to convince Libyan leader to step down: Juppe
French officials are working behind the scenes with close associates of Moammar Gaddafi in order to convince the Libyan leader that he must step down from power.
Demonstrators protest xenophobia in South Africa
In a rare and unusual protest, women marched in Johannesburg, South Africa Thursday protesting xenophobic attacks on foreign immigrants, primarily Somalis and Pakistanis, many of whom have set up shops in the shanty towns.