UK - Mark Carney’s warning that Britain faces a recession if it leaves the EU is “nonsense” and a “totally unjustifiable” intervention, a Government minister has said. Andrea Leadsom, an energy minister who previously worked in the Treasury, hit out at the Governor of the Bank of England for warning about the dangers to the British economy of a Brexit.
UK - Britain can "prosper, thrive and flourish as never before" if the nation unshackles its chains from the European Union, Boris Johnson has vowed. In a speech in which the former London mayor revealed just 3.6 per cent of EU officials were British, he said voters had a “sense of duty” to back Brexit.
GERMANY - The head of Germany's Federal Criminal Police Office (BKA), Holger Münch, has warned of a new dimension to violent attacks on asylum-seekers in the country in an interview published on Saturday. Speaking to newspapers of the Funke media group, Münch said the "increasing level of violence was especially of concern," adding that 45 arson attacks had been carried out on refugee shelters so far this year.
EUROPE - European Union bosses have delayed publishing a draft of their next budget until after Britain’s historic in/out referendum. Last year, UK taxpayers’ paid £13 billion to the EU budget but voters now won’t know whether that amount is likely to rise before they decide whether to remain or leave the 28-country bloc on June 23.
USA - Representatives from the Communications Workers of America (CWA), the union whose members are currently engaged in a weeks-long strike against Verizon for its "corporate greed," say they discovered this week that the communications behemoth has publicly lied about the extent of its offshoring of jobs.
USA - As the number of earthquakes in Oklahoma exploded into the hundreds in the last few years, nearly a dozen insurance companies moved to limit their exposure, often at the expense of homeowners, a Reuters examination has found.
ISRAEL - Israeli Prime Minister Benjamin Netanyahu denounced Sunday a Tehran anti-Israel cartoon contest themed around the Holocaust, accusing Iran of denying and belittling it as well as "preparing another Holocaust."
ISRAEL - In a strongly worded letter to French President Francois Hollande, Israeli Prime Minister Benjamin Netanyahu slammed France’s support for a UNESCO resolution denying Jewish ties to the Temple Mount, a local TV channel reported Saturday. France issued an apology a few days after the resolution was voted on, but that did not stop Netanyahu from questioning France’s impartiality in the peace initiative it is currently pushing.
VATICAN - On June 23, Catholics in England and Wales will be confronted by the same question as everyone else: “Should the United Kingdom remain a member of the European Union or leave the European Union?” We are given only two possible answers – “Remain” or “Leave”. The Church is not officially taking sides and therefore we are free to choose. But that word “officially” is crucial.
UK - The European Union is pursuing a similar goal to Hitler in trying to create a powerful superstate, Boris Johnson says. In a dramatic interview with the Telegraph, he warns that while bureaucrats in Brussels are using “different methods” from the Nazi dictator, they share the aim of unifying Europe under one “authority”.
EUROPE - SWIFT, the global financial messaging network that banks use to move billions of dollars every day, warned on Thursday of a second malware attack similar to the one that led to February's $81 million cyberheist at the Bangladesh central bank. The second case targeted a commercial bank, SWIFT spokeswoman Natasha de Teran said, without naming it. SWIFT said in a statement that the attackers exhibited a "deep and sophisticated knowledge of specific operational controls" at targeted banks and may have been aided by "malicious insiders or cyber attacks, or a combination of both." The organisation, a Belgian co-operative owned by member banks, said that forensic experts believe the second case showed that the Bangladesh heist "was not a single occurrence, but part of a wider and highly adaptive campaign targeting banks."
USA - Forget an Apple iWatch, the US military is the one really taking wearable technology to new levels. Different divisions of the US armed forces, as well as other government agencies such as Darpa, are all working on developing high-tech armor that will help not only provide soldiers with full-body ballistic protection, but will also give them superhuman-like capabilities.
UK - Sometimes, one fact goes a long way towards explaining a global crisis. Behind the rubber dinghies laden with desperate people washing up on European beaches and the refugee camps spread across the deserts of Jordan - or, for that matter, the plains of Chad – lies a remarkable figure. The number of people driven from their homes by conflict worldwide has jumped by 40 per cent since 2013. You have to go back to the early 1990s - the era of the Rwandan genocide and the Yugoslav wars – to find a time when the ranks of the huddled masses rose so sharply in such a short period. The raw data are as follows: in 2013, the global total of refugees (who have escaped across borders) and “internally displaced people” (who are fugitives within their own countries) stood at 33 million. By 2015, the number had climbed by 13 million to reach 46 million.
EUROPE - Lawmakers in the European Parliament have sharply condemned the latest Greek bailout deal - reached after weeks of negotiations - which they say will lead to "Social Armageddon" and "too high a price to pay." As SputnikNews reports, heated exchanges over the state of play of the Greek macro-economic adjustment program were seen in the European Parliament this week, and divisions are also very evident within the Troika itself as obvious need for debt relief (IMF) is scuttled by Germany and the Eurogroup. The IMF is calling for debt relief - the writing-off of part of Greece's debt, or 'haircut' in order for Athens to be able to sustain its reforms. However, in a statement, its Troika partners said: "The Eurogroup reconfirms that nominal haircuts are excluded." Prepare for another 'hot' summer in Athens…
USA - Nearly one in six young men (between the ages of 18-34) in the US were either jobless or incarcerated in 2014, according to a new government report. It details a striking amount of male alienation that has been on the rise since the 1980s. According to the Congressional Budget Office (CBO), out of the 38 million young men in the US in 2014, 16 percent were jobless (5 million or 13 percent) or incarcerated (1 million or 3 percent). The share of young men without a job or in prison has increased substantially since 1980, when just 11 percent of young men fitted into either category. CBO highlights that the level of joblessness and incarceration varies based on young men’s educational attainment. The less they have, the more likely they are to be jobless or incarcerated.