UK - This farm is located 11 stories, or about 33 meters (108 feet) below the streets of London. Growing Underground is the world’s first underground eco-farm and there isn’t a tractor in sight. This farm is located 11 stories, or about 33 meters (108 feet) below the streets of London.
USA - President Obama – who graduated Columbia University with a degree in political science – became an environmental and ecological expert Monday night in time to decry America’s contributions to global warming and the alleged melting of Arctic ice caps at this year’s GLACIER Conference, predicting a dire future for humanity.
USA - President Barack Obama walked down a winding wooded path, past a small brown post marked "1926" and a glacial stream trickling over gravel that eons of ice have scraped off mountain peaks.
CHINA - China has held a lavish parade in Beijing to mark the defeat of Japan in World War Two, showcasing its military might on an unprecedented scale. President Xi Jinping in his opening speech paid tribute to "the Chinese people who unwaveringly fought hard and defeated aggression" from Japan.
USA - By one dismal measure, America is joining the likes of Third World countries. The number of US residents who are struggling to survive on just $2 a day has more than doubled since 1996, placing 1.5 million households and 3 million children in this desperate economic situation.
USA - That is the assessment of a Florida mathematician who has studied the biblical Shemitah cycle as it applies to the financial markets. Thomas Pound is an educator and mathematician who applies his statistical wizardry to the markets.
MIDDLE EAST - The Islamic State group revealed over the weekend that at the centerpiece of its goal to bring down America is a concerted effort to weaken the US dollar and replace it with gold currency. A video posted Saturday warned of the “dawning of a new age” in which replacing the dollar with gold would deliver “the second blow to America’s capitalist financial system of enslavement … casting into ruins their fraudulent dollar note.”
EUROPE - The threat of a rift between Britain and Germany over the migrant crisis grew as a key ally of Angela Merkel said Britain’s stance could damage relations between the two countries. Stephan Mayer, who speaks on home affairs for the Christian Democrats, said that the UK’s stance could also damage Mr Cameron’s hopes of successfully renegotiating its membership of the EU. Mr Mayer’s blunt warning came as Werner Faymann, the Austrian Chancellor also demanded that the UK accept a greater share of the asylum seekers flooding into the European Union if it wants support for EU reform. There has been growing anger in Germany over Britain’s tough line on the migration crisis. Austria has previously called for EU countries which do not take in more migrants to have their funding cut, but this is the first time it has directly threatened British demands for reform.
MIDDLE EAST - As the crisis brews over Syrian refugees trying to enter European countries, questions have been raised over why they are not heading to wealthy Gulf states closer to home.
EUROPE - Human rights activists and lawyers have condemned police in the Czech Republic for writing numbers on the arms of migrants after detaining them. Officers used pens to mark 214 refugees, mostly Syrians, who were detained on a train yesterday at a border crossing from Austria and Hungary.
EUROPE - Italy is ready to impose identification checks at Brennero on the border with Austria after receiving a request from Germany for help in easing the flow of migrants into Bavaria, the northern province of Bolzano said Wednesday. Rome was ready to "reactivate" controls just as it did for the G7 in June, as "a temporary measure to allow Bavaria to reorganise and face the emergency", a statement from the province said. Bolzano, in the German-speaking Alto Adige region in northern Italy, said Bavaria had asked for "logistical support". "Bavaria is witnessing record arrivals of refugees, mainly via the Balkan route, which is creating an unmanageable situation," the province said, adding that efforts were underway "to find new structures and cope immediately with the exponential growth in the number of migrants".
USA - What is an economic bubble?
Answer: It is a market condition in which the price of an asset is far in excess of its intrinsic value but which is willingly paid by buyers in anticipation of finding other buyers who will pay an even higher price.
UNITED NATIONS - As the choppy waters of September 2015 move ashore, all eyes will be on Pope Francis’ visit to the United States, jittery stock markets and signs in the heavens. Francis is expected to enthusiastically endorse a new UN document that promises to wipe out poverty by 2030 by reordering the world economy along the lines of socialist principles. The document, titled “Transforming Our World: 2030 Agenda for Sustainable Development,” also seeks to “strengthen universal peace” and usher in a new era of shared prosperity.
UK - No one wants to stand in the way of technological innovation. But outlawing cash? That is surely a step too far. Trying to get a plumber in France? In the rather unlikely event that you can actually find one who isn’t still on his grandes vacances, gone above his permitted 35 hours a week, or indeed long since relocated himself to South Kensington, then you’ll also have to make sure that you can pay by cheque or bank transfer.
UK - Global markets are getting smoked again. The Dow is down 540 points (3.3%), the S&P 500 is down 66 (3.3%), and the Nasdaq is down 155 points (3.2%). It was a bloodbath in Europe, with Britain's FTSE down 3.0%, Germany's DAX down 2.3%, France's CAC 40 down 2.4%, and Spain's IBEX down 2.6%. Asian markets closed deep in the red, with Japan's Nikkei plunging 3.8%, Hong Kong's Hang Seng falling 2.2%, and China's Shanghai Composite tumbling 1.3%. In the commodities markets, oil is getting slammed with WTI crude futures down 7%.