USA - Many countries agree that the US politicizes the dollar by punishing nations who don't abide by US sanctions. With this American approach comes isolation, and the risk of the dollar being replaced as global currency. The United States is an arrogant power, which, like many other empires (and people), is witnessing its influence decline. Indeed, it is hastening this degeneration by wasting its political and symbolic capital, expending it as if the country still stood at the zenith of its glory.

ISRAEL - Security Cabinet member, Economics Minister and Jewish Home Chairman Naftali Bennett called on Israel to immediately halt negotiations in Cairo on Sunday, saying any truce agreement is bound to bring another war with Hamas. "This situation, in which we are biting our nails in nervous anticipation of a reply from a murderous terrorist organization should be stopped," Bennett urged. "We must immediately stop negotiations with Hamas, and take fate into our own hands, under a simple premise: humanitarianism - yes, terrorism - no."

EGYPT - Even as Israel eased the ban on Gaza fishermen Sunday in a "goodwill" gesture during the Cairo truce talks, Hamas declared that only it will decide "when Israelis return to their homes" in the rocket-beleaguered south. Hamas spokesperson Sami Abu-Zuhri said "the Israelis won't be secure until our people are secure, until they remove the blockade from us completely." Ironically given his "concern" for Gaza residents' security, Abu-Zuhri early in the operation exhorted Gazans to serve as human shields in a TV interview. Abu-Zuhri spoke on Sunday while at a Hamas support rally in Rafah, according to the Palestinian Arab Ma'an News Agency. "The Israelis won't return to their homes until Hamas lets them, and not (Prime Minister Binyamin) Netanyahu," threatened Abu-Zuhri. "The preference is to reach an agreement, but the occupier needs to stop delaying; we are looking for an agreement not from weakness but rather from a position of power."

MIDDLE EAST - The Hamas terrorist organization in Gaza on Sunday called for an escalation of terror attacks on Jerusalem, Judea and Samaria as an "expression of support" for the war on Israel being waged from Gaza. Hamas spokesperson Fawzi Barhoum told the Palestinian Arab Safa news agency that such terror attacks serve to wear down the "occupation" and press Israel to end the "aggression" in Gaza, by forcing it to open the blockade and submit to Hamas's demands.

TEMPLE MOUNT, ISRAEL - Deputy speaker of the Israeli Knesset Moshe Feiglin on Sunday morning toured the holy Al-Aqsa mosque compound under heavy escort by Israeli special forces. A Ma'an reporter in Jerusalem said that Israeli police closed most of the main gates of the compound, denying all Palestinian women and men under 50 access to the holy place, as the right-wing Israeli politician entered from the Moroccan Gate. Witnesses said Feiglin along with a group of right-wing Israeli Jews and a cameraman toured the compound before they left through the Chain Gate, adding that Feiglin had performed religious rituals beside the Dome of the Rock Mosque. Witnesses highlighted that Feiglin and his group toured the compound barefoot, apparently out of respect for the foundations of the Jewish temple they believe lies underneath the area.

IRAN - Iran’s President, Hassan Rouhani, made clear on Sunday that Tehran will reject any restraints on its nuclear operations outside the international rules set by the industry watchdog. "We will only accept the legal controls of the IAEA within the framework of the Non-Proliferation Treaty," he said during a visit by International Atomic Energy Agency chief Yukiya Amano, according to AFP. "Any monitoring beyond those rules would be a precedent, against the interests of all developing countries," Rouhani said. Amano made a one-day visit to Tehran ahead of an August 25 deadline for Iran to answer decade-old allegations of past nuclear weapons research. Iran seems to have toughened its positions in negotiations with the West. Iranian Supreme Leader, Ayatollah Ali Khamenei, recently said Iran "needs" 19 times more nuclear centrifuges than the amount being offered by world powers.

USA - Billionaire investor George Soros has increased his financial bet that US stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Index since late last year. The chairman of Soros Fund Management lifted his position to 11.3 million put options on the S&P 500 ETF (SPY), boosting the short position from 2.96 percent to 16.65 percent. The dollar value of the position soared to $2.2 billion from around $299 million. At 16.65 percent, that position is the biggest slice of the Soros firm's portfolio. Many experts see such a put position as a wager that the price of the stock market (in this case the S&P 500) will tumble. In September 1992, Soros made at least $2 billion on his shorting of the English pound forced the Bank of England to devalue the currency and leave the European Exchange Rate Mechanism (ERM).

USA - Violence continues in Ferguson, Missouri. It began on August 9 with the death of Michael Brown, an unarmed African-American teenager cut down by a white cop’s bullets. Peaceful demonstrations turned into looting, the local police went in with rubber bullets and tear gas, all hell broke loose and, eventually, Missouri’s governor pulled out the local police and sent in state officers instead. But the rioting only paused; it didn’t cease. And it may continue. That’s probably because it’s driven by a deep, deep anger that will take a long time to calm.

USA - Media magnate Rupert Murdoch warns that America will face more situations like the protests and riots in Ferguson, Missouri, unless moves are made to increase employment and improve educational opportunities. Protests have been underway since 18-year-old Michael Brown was shot to death by a police officer on August 9. The unarmed black teenager was shot by a white officer, Darren Wilson, a six-year veteran of the Ferguson Police Department. The major criticism of the department during ensuing peaceful protests and some rioting has been how the department quickly deployed what looked more like a war-zone occupation than traditional police presence.

USA - Los Angeles is showing its age, and city officials don’t have plans for financing the facelift. From buckling sidewalks to potholed thoroughfares to storm drains that can’t handle a little rain, the infrastructure that holds the second-largest US city together is suffering from years of deferred maintenance. Bringing pipes that deliver water to 3.9 million people up to snuff could cost $4 billion -- more than half the city’s annual operating budget. The bill for repaving streets will be almost that much, according to estimates from a city consultant, and patching or replacing cracked sidewalks will require $640 million.

IRAQ - Kurdish forces in northern Iraq are in near complete control of Iraq's largest dam after ousting Islamic State (IS) militants, Kurdish officials say. Ground forces supported by US air strikes launched the operation to take Mosul dam on Sunday morning. Kurdish sources said they were still trying to clear mines and booby traps from the area round the dam, a process which could take several hours. The strategically important facility was seized by IS militants on 7 August. It supplies water and electricity to northern Iraq and there had been fears the IS militants could use it to flood areas downstream.

SPAIN - Spain's public debt has topped one trillion euros ($1.3 trillion) for the first time, the central bank announced Thursday, despite years of government-imposed austerity. The nation's accumulated public debt mushroomed to 1.007 trillion euros at the end of June from 996 billion euros a month earlier, the Bank of Spain said in a report. Prime Minister Mariano Rajoy's government has struggled to contain annual deficits by raising taxes, freezing public salaries and curbing spending on services such as education and health care despite angry street protests. Though the annual deficits are on the decline, they continue to push up the sovereign debt of the eurozone's fourth-largest economy.

WEST AFRICA - There is evidence the numbers of dead and sickened by Ebola in West Africa may "vastly underestimate the magnitude of the outbreak," the World Health Organization said Thursday. The UN health agency said it was prepared for the crisis to continue for months. With more than 1,060 deaths and 1,975 sickened, the Ebola outbreak is already the deadliest ever. Liberian officials faced a difficult choice Thursday: deciding which handful of Ebola patients will receive an experimental drug that could prove life-saving, ineffective or even harmful.

UK - The physical gold market (dealing in wholesale bullion delivery) is tiny in relation to its paper-based cousins (futures, options, leveraged trades, collateralised obligations, ETFs, etc). In fact, it’s estimated that the paper gold market – which should be a derivative of the physical market – is actually some 100 times larger than the physical market – ie, if everyone holding paper gold ‘stood for delivery’ at the same time, it would be impossible for every party to fulfil their obligations.

USA - A fabricated report was spread by the UK Guardian newspaper and BBC that a Russian armored convoy entered Ukraine and was destroyed by the Ukrainian military. The German media including Die Welt picked up the false report and spread the hysteria. Once again we have confirmation that the Western media is corrupt and unreliable.