Back on January 26, a 58-year-old former senior executive at German investment bank behemoth Deutsche Bank, William Broeksmit, was found dead after hanging himself at his London home, and with that, set off an unprecedented series of banker suicides throughout the year which included former Fed officials and numerous JPMorgan traders.
Following a brief late summer spell in which there was little if any news of bankers taking their lives, as reported previously, the banker suicides returned with a bang when none other than the hedge fund partner of infamous former IMF head Dominique Strauss-Khan, Thierry Leyne, a French-Israeli entrepreneur, was found dead after jumping off the 23rd floor of one of the Yoo towers, a prestigious residential complex in Tel Aviv. Continue reading »
“I will promise you this, that if we have not gotten our troops out by the time I am President, it is the first thing I will do. I will get our troops home. We will bring an end to this war. You can take that to the bank. “ - Barack Obama Campaign Promise – October 27, 2007
A 19-year-old mortarman has become the first US soldier to die in the fight against ISIS in Iraq, albeit from a “non-combat injury,” the Pentagon acknowledged.
The death of Marine Lance Corporal Sean P. Neal of Riverside, California, which occurred on Thursday in Baghdad, is under investigation, according to the Pentagon. He was assigned to 2nd Battalion, 7th Marine Regiment, and was one of 1,600 US troops serving in Iraq. Pentagon officials confirmed his death Friday night. Continue reading »
While the analogy of Vladimir Putin playing geopolitical chess (while the rest of the world plays checkers) has been a popular one, the French ambassador Gerard Araud has a different – somewhat stunningly honest – persepctive: Putin “is more a poker player really, putting all the money on the table; saying, ‘Do the same’ and of course we blink. We don’t do the same.”As Bloomberg reports, Araud goes on to express entirely un-Juncker-like, how Putin has outmaneuvered his opponents and humiliated Ukraine. Simply put, he adds, the Russian president “has won because we were not ready to die for Ukraine, while apparently he was,” leaving the ominous question, “when is Putin going to stop? Whatever we decide is a disaster for us.”
Back in August, a group of friends in Caldwell Idaho were detained by local law enforcement after being asked to leave a local skate park for being there after hours. The park closes at 11 p.m. The police report says the officer arrived at 11:12.
The situation escalated when one of the detainees began recording the exchange. Although the phone is pointed towards the ground, the audio from the clip gives a pretty clear depiction of the scene.
Now in its third year, the drought in California has forced local farmers to switch their water use from rivers and reservoirs, which are at historic low levels, to underground sources. This has mitigated substantial production losses, but given that underground reservoirs take a long time to replenish, if the drought continues the food situation in California might get much more dicey. Continue reading »
Protesters from all over Italy have packed the streets of Rome to express their anger at labor market reforms, one of the main building blocks of the government of Prime Minister Matteo Renzi’s policy.
Up to 1 million people flooded the streets of the Italian capital, the organizers of the rally said. Up to 300,000 more participants were set to arrive in Rome throughout the day to take part in the protests, including a boat and two chartered planes from Sardinia.
A Roy, Utah man, Jose Calzada, 35, placed a call to a suicide prevention hotline at 4:00 a.m. Tuesday morning and threatened to kill himself, seven hour later he was shot and killed by police, according to law enforcement. Continue reading »
An American journalist has been killed in a car crash in Turkey just days after claiming she claimed the Turkish intelligence services had threatened her over her reporting of the siege of Kobane.
Serena Shim, who worked for Iran’s state-owned Press TV as Turkey correspondent, died in the city of Suruc after the car in which she was travelling reportedly collided with a ‘heavy vehicle’.
Shim’s death came just days after she spoke on camera of her fears of being arrested, claiming Turkish intelligence agents had accused her of spying after one of her reports suggested ISIS militants were being smuggled back and forth over the Syrian border in the back of aid vehicles.
http://democracynow.org – We are on the road in the historic city of Vienna, Austria, not far from the Czech Republic where President Obama gave a major address in 2009 that called for a nuclear-free world. His disarmament efforts were cited when he won the Nobel Peace Prize, but since then advocates say little progress has been made. A recent New York Times investigation found the United States is on pace to spend as much as $1 trillion over the next three decades to modernize its nuclear arsenal and facilities. This week, more than 150 countries at the United Nations signed a joint statement calling on nuclear powers to attend the third major conference on the humanitarian impact of nuclear weapons scheduled this December in Vienna. The United States has yet to attend one of the meetings. We are joined by Elena Sokova, executive director of the Vienna Center for Disarmament and Non-Proliferation.
It has long been alleged that the systematic abuse of children took place in the Kincora home at the hands of a paedophile ring thought to be linked to MI5.
It has also been claimed that MI5 blocked police investigations into the abuse, who reportedly used the information of child abuse to blackmail, manipulate and coerce members of the establishment who were committing the abuse. Continue reading »
Wall St Journal, Oct. 23, 2014 (emphasis added): One major volcanic eruption could make Japan “extinct,” a study by experts at Kobe University warns… “We should be aware… It wouldn’t be a surprise if such gigantic eruption were to take place at any moment.”
Japan Times, Oct. 24, 2014: Colossal volcanic eruption could destroy Japan at any time: study — Japan could be nearly destroyed by a volcanic eruption over the next century that would put nearly all of its population of 127 million people at risk… “It is not an overstatement to say that a colossal volcanic eruption would leave Japan extinct as a country,” Kobe University earth sciences professor Yoshiyuki Tatsumi and associate professor Keiko Suzuki said… A disaster on Kyushu… would see an area with 7 million people buried by flows of lava and molten rock in just two hours [and] making nearly the entire country “unlivable”… It would be “hopeless” trying to save about 120 million… Continue reading »
What grains they collect now can only be used to feed the cattle.
“Of course the MSM in the Netherlands do not bring this news,” says reader. “Snow in Austria and in Sweden? We don’t hear it on the television news, we don’t read it in the big newspapers. Snow in Russia? It is not mentioned. The private plane of the CEO of the French oil company Total crashed on Vnukovo Airport after a collision with a snow blower. Nobody says: Hey, how come we are not being told that there was snow? Why else would a snowblower be on the runway?”
Despite the nearly 20-cm (8-inch) layer of snow on the grain fields of Northern Kazakhstan the harvesters keep working. The snow and cold cannot stop the combine because about 20% of the crop still remains in the fields, reported television channel CTC.
For farmers this year turned out to be difficult. Spring experienced drought, summer torrential rains, and now early autumn snow. But the work does not stop in bad weather and frost. Continue reading »
The hatchet-wielding man who assaulted four New York police officers in Queens conducted a terrorist attack, New York City police said.
At a briefing at New York Police Department headquarters on Friday, New York Police Commissioner Bill Bratton was asked if the incident was a terrorist act. In response, he said, “I’m very comfortable this was a terrorist attack, certainly,” according to Capital New York.
Americans watching television across the country were puzzled earlier today when an alert from the White House interrupted their viewing, told them to stand by for an emergency message and warned them not to use their phones.
UPDATE: AT&T has blamed a “nationally syndicated radio station” for sending the alert message, despite the fact that only the federal government can send out EAS alerts. The alert system, “can only be activated by the President in times of emergency,” reports Fox 5.
The Social Security Administration has just released wage statistics for 2013, and the numbers are startling. Last year, 50 percent of all American workers made less than $28,031, and 39 percent of all American workers made less than $20,000. If you worked a full-time job at $10 an hour all year long with two weeks off, you would make $20,000. So the fact that 39 percent of all workers made less than that amount is rather telling. This is more evidence of the declining quality of the jobs in this country. In many homes in America today, both parents are working multiple jobs in a desperate attempt to make ends meet. Our paychecks are stagnant while the cost of living just continues to soar. And the jobs that are being added to the economy pay a lot less than the jobs lost in the last recession. In fact, it has been estimated that the jobs that have been created since the last recession pay an average of 23 percent less than the jobs that were lost. We are witnessing the slow-motion destruction of the middle class, and very few of our leaders seem to care. Continue reading »
23 Oct 2014 – Winter has come early to western Austria, leaving hundreds of homes without electricity. Snow and rainfall also caused numerous problems on roads, and is expected to continue until Thursday evening.
Four vehicles crashed in Riezlern in Vorarlberg due to the chaos caused by the snowfall. Numerous drivers had to be rescued from the Hochkönig-Bundesstraße road in Salzburg after they got trapped in snow.
Fallen trees also caused power outages in the Tyrolean regions of Brandenberg, Hochfilzen, Zillertall in Zell and Gerlostal. Continue reading »
Despite the constant confirmation that New York “is prepared, and has been prepared for months” for an Ebola outbreak, it appears Governor Cuomo and NJ’s Christie are more concerned than they are letting on. Having earlier admitted that the CDC’s screening guidelines are “insufficient” for New York regions’ population density, Reuters reports that Cuomo and Christie are considering “enhanced screening” where “all healthcare workers will mandatorily quarantined.” Cue “state of emergency” proclamation and civili liberties ‘interrupted’...
*EBOLA SCREENING WILL BE STRENGTHENED AT NY AIRPORTS, SAYS CNBC
*NY AIRPORT SCREENING WILL GO BEYOND CDC REQUIREMENTS: CNBC
*NY AIRPORTS TO QUARANTINE ALL HC WORKERS FROM HI RISK NATIONS
*JFK, NEWARK TO HAVE ADDITIONAL SCREENING FOR EBOLA: CHRISTIE
*STEPS INCLUDE MANDATORY QUARANTINE FOR MED. SERVICE PROVIDERS
*MEDICS BACK FROM EBOLA COUNTRIES TO BE QUARANTINED: CHRISTIE
*NEWARK, JFK HEALTH DEPTS.TO DETERMINE QUARANTINE NEEDS:CHRISTIE
New York Governor Andrew Cuomo announced Friday that he and New Jersey Governor Chris Christie are planning to increase current screening procedures for people travelling from Ebola-affected regions.
Depending on an individual’s risk level—exposure to infected individuals and countries visited—a mandatory 21-day quarantine could be instituted, Cuomo said.
All medical workers from Ebola-affected countries will be subject to a quarantine, said Dr. Howard Zucker, acting commissioner of health for New York State. Cuomo said voluntary quarantine is not sufficient, and that it is “almost an oxymoron.” Continue reading »
Having been relatively quiet for a while, Russia’s leader Vladimir, speaking in Sochi (following meetings with Middle East crown princes who confirmed Russia as a key partner – “isolated”?), has unleashed his most aggressive statements with regard the failing world order:
*PUTIN SAYS U.S. DOLLAR LOSING TRUST AS RESERVE CURRENCY
*PUTIN: WORLD WITHOUT RULES IS POSSIBILITY; ANARCHY GROWING
Adding that the risk of major conflicts involving major countries is growing, as well as the risk of arms control treaties being violated, Putin exclaimed that the US-led unipolar world is like a dictatorship over other countries and that “US leadership brings no good for others,” and calls for a new global consensus.
Having met Crown Prince Al Nahyan of Abu Dhabi in Sochi, who confirmed that Moscow “plays a very important role in the Middle East,” and added that he had no doubts that his country and Russia “are bound by a privileged relationship,” it appears Russia is less “isolated” than the West would have many believe.
If there was one theme from last night’s Cuomo/De Blasio Ebola press conference it was ‘how everyone has been preparing for months’ for Ebola. We can all be reassured, right? Wrong! As The Daily Mail reports (and these stunning photos show), the police officers involved in securing Dr. Spencer tossed their gloves, masks and the caution tape used to block off access to his apartment in a public trash can.
Not just any trash can, but one on a public street corner…
France’s President Francois Hollande states confidently that “everyone should respeoct treaties,” then ‘Junckers’ it with this stunningly hypocritical bullshit, “budget rules must be adapted” to support growth and France “has done what it has to do” on its deficit… one glance at the following chart suggests that Hollande has done nothing and has been enabled by Draghi… What a farce!!
*HOLLANDE SAYS `EVERYONE’ SHOULD RESPECT TREATIES
*HOLLANDE SAYS FRANCE RESPECTS DEFICIT TREATY WITH FLEXIBILITY
The summer, thankfully, has been largely bereft of the dismal trend of bankers committing suicide, but as Bloomberg reports, Thierry Leyne, a French-Israeli banker and partner of Dominique Strauss-Kahn, the disgraced former chief of the IMF, was found dead Thursday after apparently taking his own life by jumping off the 23rd floor of one of the Yoo towers, a prestigious residential complex in Tel Aviv. This is the 16th financial services executive death this year.
Bloomberg reports that Thierry Leyne, the French-Israeli entrepreneur who last year started an investment firm with former International Monetary Fund Managing Director Dominique Strauss-Kahn, has died. He was 48.
Leyne died yesterday in Tel Aviv, according to his assistant at the firm, who asked not to be identified. Le Figaro newspaper reported that he committed suicide.Continue reading »
Last year Madrid’s city and regional governments sold almost 5,000 rent-controlled flats to private equity investors including Goldman Sachs and Blackstone. At the time, the tenants were told their rental conditions would remain the same.
But as old contracts expire, dozens of people have received demands for higher rent, been told their rents will increase dramatically, been threatened with eviction or moved out to escape the insecurity. Thousands of Spain’s poor now depend for their homes on the generosity of private equity.
Now that the financial oligarchs have had their way with the U.S. property market, to the point that average citizens can’t even afford to own a home (Zillow recently showed that 1 in 3 homes are unaffordable), it appears they have turned their sights overseas. What better market for bailed-out bankers to feast on than Spain, with its 50%+ youth unemployment rate and a continued depressed real estate market.
It didn’t take long for the results to be felt. Reuters published an article on the topic today. Here are some excerpts: Continue reading »
With the results of Europe’s annual AQR, aka Stress Test, due out on Sunday, most had been expecting that despite some rhetoric that various brand name banks may fail, that it would be largely more of the usual: puff. That, however, may not be the case, and as Bloomberg just reported, a whopping 25 banks are set to fail the stress test, compared to 105 which are set to pass. As Bloomberg notes:
105 banks passed the test, draft document shows
Number of banks that would have shortfall even after capital-raising to Sept. 30, 2014, is the subject of ongoing talks, a person with knowledge of the matter says
Negotations continue with about 10 banks shown to have net shortfall after 2014 capital measures, the person says
An ECB spokesman says the central bank can’t comment on speculation about the outcome of the comprehensive assessment. Any inferences drawn as to the final outcome of the exercise would be highly speculative until the results are final on Oct. 26, spokesman says Continue reading »