Dancing To Washington’s Tune: NATO Creates Military Schengen, Launches Iraq Mission

Authored by Alex Gorka via The Strategic Culture Foundation,

The NATO defense chiefs’ meeting on February 14-15 was mainly devoted to sharing the defense burden and other issues routinely discussed at any event. As usual, there were turgid speeches wi…

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Latvia Bank Crisis: Central Bank In Chaos As ECB Blocks Payments By Third Largest Bank

One day after we reported that Latvia’s central bank governor – and ECB Governing Council member – Ilmars Rimsevics was detained by Latvia’s anti-corruption authority on Saturday on suspicion of accepting a bribe of more than €100,000, prompting both L…

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Here Is Goldman’s Chart Showing Why The US Is Headed For “Banana Republic” Status

Earlier today we discussed a report by Goldman Sachs which, when summarized, suggested that unless something significant changes in the coming years, the current US fiscal policy will lead to a debt catastrophe. In an unprecedented warning, the bank wh…

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“We Don’t Have The Culture To Manage Risks” – Largest-Ever Indian Bank Fraud Exposes Systemic Flaws

Stocks of Indian jewelers and state-run banks have been sinking since Friday, when the full extent of what’s now understood to be the largest bank fraud case in Indian history was unveiled in a complaint to Indian federal banking regulators filed by th…

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Russia Warns US To “Stop Playing With Fire” In Syria, Immediately Leave Area It Controls

Two weeks after a US B-52 strike killed scores of Russian mercenaries in Syria, which according to Bloomberg and Reuters were are as many as 200, while Russia said no more than 5 Russians were killed in the attack then promptly refused to discuss the e…

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