MIDDLE EAST - As tensions between the two countries continues to escalate, Turkey has begun deploying ground forces across its border with Syria in order to oust Syrian President Bashar al-Assad – a move which threatens a world war with Russia.
USA - And they still manage to run $600 billion deficits while extracting over $3 trillion in taxes from the American people. How is it that this country had no income tax and no Federal Reserve in 1912 and managed to generate a $3 million surplus? Within a few years of implementing the income tax and creating the Federal Reserve the country was running $9 billion to $13 billion deficits to fund World War I. It’s pretty clear that wars and depressions are good for debt peddlers and the beneficiaries of debt.
SCOTLAND - It's an Orwellian new scheme - a State snooper for every child in Scotland compiling a dossier on their family life… and it has chilling implications for us all. Just imagine that you are a parent and one of your daughters cuts the hair off the Barbie dolls belonging to her younger sister. Cue screaming, shouting and tears before bedtime. But it’s the kind of thing that happens in families, isn’t it?
CHINA - An article last week in the British-based Guardian reported that the Chinese military “is poised to send submarines armed with nuclear missiles into the Pacific Ocean for the first time, arguing that new US weapons systems have so undermined Beijing’s existing deterrent force that it has been left with no alternative.”
USA - It is hard to live the American Dream when the deck is stacked against you. Our politicians stood idly by as millions of good paying jobs were shipped overseas, our economic infrastructure was absolutely gutted and multitudes of small businesses were choked to death by miles of red tape. Now, we are reaping the consequences.
DENMARK - Transgender people in Denmark will soon no longer be classified as having a mental illness, lawmakers from the parliament's Health Committee have decided. The move has been hailed as a victory by rights groups. The decision, which will take effect on January 1, 2017, was made by Danish lawmakers on Tuesday. As of that date, the word “transgender” will no longer appear on Denmark's official list of mental illnesses. “Trans people in Denmark feel stigmatized when they are diagnosed as having a ‘mental disorder,’” Social Democrat spokesman Flemming Møller Mortensen told Ritzau news agency.
FRANCE - Torrential rains and severe flooding across France have forced thousands of people to flee their homes amid a state of emergency. Paris’ iconic Louvre museum will stay closed on Friday to be ready to remove artworks if the River Seine rises too high. French President Francois Hollande declared a state of emergency on Thursday due to the flooding, which has been caused by the Loire and Seine rivers bursting their banks following heavy downpours. The leader promised money to help local authorities deal with the damage. Rescue workers have responded to about 10,000 calls and evacuated more than 5,000 people with small boats since the weekend.
USA - Five soldiers were killed and four were missing after an Army troop carrier was washed from a low-water crossing and overturned Thursday in a rain-swollen creek at Fort Hood, the Texas Army post said. Parts of Texas have been inundated with rain in the last week — at least six deaths have been blamed on flooding — and more than half of the state is under flood watches or warnings, including the counties near Fort Hood. This week's storms are the latest in a string of torrential rains since May 2015 that have put swaths of the state underwater. Some areas now overwhelmed by water had run dry two years ago due to drought conditions.
UK - We may not always like it, but one of the intractable realities of the human condition is that nothing ever stays the same. Families, companies, nations, the English language, our daily lives: they all change, for better or for worse, quickly or slowly, all of the time.
FRANCE - The Organisation for Economic Co-operation and Development [OECD] has downgraded its UK growth forecast this year by more than any other major advanced economy as it said a Brexit vote would send shockwaves across the globe. The Paris-based think-tank also issued a stark warning on the global economy. It said its fragile state meant that even a small negative shock could "tip the world back into another deep downturn". The need for action by governments to boost output was now "urgent" in order to stop the world becoming stuck in a low growth trap and generations of workers both young and old being left permanently poorer.
EUROPE - A leading think-tank partly funded by the EU was accused of bias last night after it warned Brexit would lead to a 'large negative shock' for Britain's economy. The Organisation for Economic Co-operation and Development [OECD] slashed its forecasts for the UK as it said fears that Britain might leave the EU have already 'undermined' growth. The body, which also receives funding from the British Government, said the UK's economic growth would be 3 per cent lower than it would be if it remains in the EU – the equivalent of £2,200 less per household. But Brexit campaigners last night pointed to European Commission figures showing that the OECD has received more than £23 million from the EU since 2007. A Vote Leave source said the OECD is 'not an impartial organisation'.
EUROPE - A break-up of the EU would be Brussels’ fault for rushing towards a United States of Europe, a top eurocrat has admitted. In a frank acceptance of rising euroscepticism across the continent, European Council president Donald Tusk confessed Brussels officials have blindly hurtled towards forming an EU superstate against the wishes of most Europeans.
MIDDLE EAST - There are international news reports that claim that Turkish military forces have entered Syrian territory and have established positions near the towns of Azaz and Afrin. If these international news reports are true, then Turkey has essentially declared war on the Assad regime.
USA - Increasingly precarious, it seems. In an article entitled “The Secret Shame of Middle Class Americans” in this month’s issue of The Atlantic, the writer Neal Gabler – an author, film critic and academic – came out as one of the many millions of apparently middle-class Americans who are in fact living in a “more or less continual state of financial peril” – scrabbling around to make ends meet, and mostly failing. Gabler draws attention to a regular survey by the Federal Reserve, which asks consumers a set of questions, including how they would pay for a $400 emergency. “The answer: 47% of respondents said that either they would cover the expense by borrowing or selling something, or they would not be able to come up with the $400 at all”, writes Gabler. “Four hundred dollars! Who knew? Well, I knew. I knew because I am in that 47%.”
USA - More than 1.3 million people serve in the five branches of the US armed forces. Add in civilian employees from the US Department of Defense, and you get the world's largest employer: 3.2 million employees, according to the World Economic Forum.