As Yemen remains entrenched in the protracted, multi-fronted military conflict led by Saudi Arabia and funded by the United States, socio-political dynamics and economic realities have evolved according to the needs of competing factions — often to the detriment of civilian populations. Since the Saudi-led coalition began dropping bombs on Yemen on March 25, 2015, 3.2 million Yemenis have been displaced and more than half of the country is suffering from food insecurity and malnutrition.Share | Comment
Ever since the beginning of the crisis in Syria, the Western corporate media has cited various “activists” inside the country which conveniently all reported back towing the desired propaganda of the State Department. But the word “activists” could always simply be translated to mean “terrorists” since the “activists” were actually gun-toting fighters funded, organized, and directed by the West, NATO, GCC, and Israel.Share | Comment
While OPEC members were infighting over crude production and export quotas, posturing with temporary production cuts (just so the Saudis could get a six month reprieve during which it clears out a massive internal crude glut), Russia was busy capturing market share, and according to overnight Chinese data, Russia overtook Saudi Arabia as China’s top oil supplier last year for the first time ever boosted by robust demand from independent Chinese "teapot" refineries.Share | Comment
A radical overhaul of security at Australia’s international airports is the first step towards the government’s goal of automating 90% of air traveller processing by 2020. The Department of Immigration and Border Protection will start moving towards a “contactless” system for arrivals this year, Fairfax reported on Sunday – the most ambitious stage of the Seamless Traveller initiative announced in 2015.Share | Comment
While most of the country has been focused on the inauguration of Donald Trump, a very real crisis has been brewing behind the scenes. Foreigners are dumping U.S. debt at a faster rate than we have ever seen before, and U.S. Treasury yields have been rising. This is potentially a massive problem, because our entire debt-fueled standard of living is dependent on foreigners lending us gigantic mountains of money at ultra-low interest rates. If the average rate of interest on U.S. government debt just got back to 5 percent, which would still be below the long-term average, we would be paying out about a trillion dollars a year just in interest on the national debt. If foreigners keep dumping our debt and if Treasury yields keep climbing, a major financial implosion of historic proportions is absolutely guaranteed within the next four years.Share | Comment
A few days after Christmas, Mark Zuckerberg shared a series of photographs of his family at their $100m, 700-acre property in Kauai. The Facebook CEO and his wife “fell in love with the community and the cloudy green mountains”, he wrote, and decided to “plant roots and join the community ourselves”.Share | Comment
Shocking video from Donald Trump's inauguration shows an anti-Trump protester set a female Trump supporter's hair on fire. "This happened on Inauguration Day in Washington DC just after Donald Trump swore into office," the poster of the video wrote Friday on YouTube. "Everything had been fine up until this moment, and it just comes to show that 'Peaceful' Protests aren't always what they seem to be."Share | Comment
Only minutes after being sworn in to office, President Donald Trump announced that his administration will develop a “state of the art” missile defense system to protect Americans against attacks from North Korea and Iran. The announcement was posted minutes after the inauguration on the White House website. The announcement did not provide details as to how the new weapons “defense system” would be different from the systems already being developed, their cost, or how and when they would be deployed.Share | Comment
While President Trump chose not to attend the elite extravaganza in Davos last week, choosing instead to lambast the great-est and good-est of the world's executives in their crony capitalist safe space, the cognitively dissonant CEOs reassured each other by saying 'ignore the tweets', confident that "if [Trump] knows the facts, he’ll respond according to the facts." It depends whose 'facts' those are, of course.Share | Comment
In a CNBC clip, which slipped between the cracks last week, Alibaba founder Jack Ma, who has been busy trying to get into Donald Trump's "circle of trust", spoke in Davos and blamed the problems of the United States on the United States itself, as a country which has spent trillions of dollars to wage war, instead of investing in infrastructure and its own people.Share | Comment
Given that US market accounts for 60% of India’s IT exports, the industry and the government here will spare no efforts in their outreach programme over the next few weeks to showcase the role of Indian technology sector in making the US economy more competitive and highlight its contribution in terms of billions of dollars paid in taxes and creation of local jobs.Share | Comment
The White House has said it is in the early stages of talks to fulfil Donald Trump’s pledge to move the US embassy in Israel from Tel Aviv to Jerusalem, an action that is likely to spark anger in the Arab world. “We are at the very beginning stages of even discussing this subject,” White House spokesman Sean Spicer said on Sunday.Share | Comment
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