“The fraud on Wall Street that’s been building for many years got so incredibly out of hand, and it got so obvious, that it caught the attention of social media day-traders, who pounced on a hedge fund’s vulnerability – from engaging in too much fraud – and they killed it,” …
Read More »Is trust in the free market system shot after Robinhood cut off GameStop trading? RT’s Boom Bust digs into a Wall Street scandal
The restrictions came after the platform’s users reportedly coordinated on social media to inflate the value of GameStop and other companies’ stock and inflicted billions of dollars of losses on financial giants that had taken short positions against the struggling companies. The host of RT’s Boom Bust, Sara Montes de …
Read More »The US has a broken political system & is about to be usurped by China – what Europeans really think about America is telling
A recent survey commissioned by the European Council on Foreign Relations has found that most Europeans look to Germany rather than the United States as their most important partner, having lost faith in America’s ability to elect leaders who share their continent’s vision and values. When seen in the context …
Read More »‘Global pandemic alert system not fit for purpose’: WHO report critical of China’s & its own responses to Covid crisis
“What is clear to the panel is that public health measures could have been applied more forcefully by local and national health authorities in China in January,” the panel, led by former New Zealand Prime Minister Helen Clark and former Liberian President Ellen Johnson Sirleaf, noted. The first cluster of …
Read More »The system won and spit him out: UN torture rapporteur blasts UK’s near-total embracement of US case for extraditing Assange
Melzer became a supporter of the WikiLeaks founder after digging into his situation in his official capacity as UN Special Rapporteur on torture. He said he is happy for Assange personally, but the Monday ruling, which denied his extradition to the US on espionage charges, was still a huge disappointment …
Read More »UNICEF feeding our children is a humiliation that lays bare a broken system – is the UK a 3rd-world country now?
As a teenager growing up in the Thatcher years in a working class coal mining community, I saw poverty and hopelessness everywhere – kids leaving school unable to read and write at 16, others going without food for days because their parent’s mental or physical health had totally broken down. …
Read More »Eight kids VANISH in 20km-long cave system near Moscow in botched tour – then reemerge as rescue op begins (PHOTOS)
Russian media erupted with alarming headlines on Thursday after a tourist group made up of two adults and eight children, of ages between eight and 12, descended into the Syany cave system – and only the guide resurfaced. Located near the town of Domodedovo south-east of Moscow, the massive Syany …
Read More »Bank of England warns of possible disruptions to UK’s financial system after Brexit
According to a report by the bank’s Financial Policy Committee (FPC), most risks to financial stability have been mitigated. It said, however, that “Financial stability is not the same as market stability or the avoidance of any disruption to users of financial services. Some market volatility and disruption to financial …
Read More »Sanctions kill people they’re supposed to be protecting and undermine entire system of human rights & humanitarian aid – UN
The Covid-19 pandemic could have brought humanity together in cooperation to combat the deadly disease. Instead, 2020 has seen an expansion of the use of unilateral sanctions, which target entire nations and hurt their ability to respond to outbreaks on their territory while undermining global efforts to provide humanitarian assistance …
Read More »Covid-19 has exposed the fatal flaws in Britain’s university system and hastened its inevitable decline
Only a few more teaching days are left of this term, and as a lecturer with 10 years of experience at a British university, I can honestly say this year has been the toughest. Since September, universities, and students, have hardly been out of the news. Back then all the …
Read More »