US Officially Resumes Funding For Rebel-Aligned White Helmets In Syria
"US, Dutch, British, Danish and German governments have been funding the White Helmets, a non-governmental organization, through proxies for around five years."
Berkeley, CA declares ‘climate emergency’, calls for ‘humane’ population control
"Is Berkeley’s pledge actually achievable? Evidence from other cities suggests ambitious climate plans often fail."
U.S.-Backed Coalition Begins Siege Of Port Supplying 70% Of Yemen’s Food
"The three-year-long, U.S.-supported war on Yemen has already been devastating to Yemen’s 28 million residents. Today, it has entered a new phase—one that is described by the United Nations and U.S. lawmakers as 'catastrophic.'"
Trump’s New Iran Sanctions Take Nike Shoes Off World Cup Team’s Feet
"The German company Adidas may provide shoes for players forced to switch last minute as recent EU law has sought to shield EU companies from American sanctions on Iran."
Auto Lenders Taking More Risks: Longer-Term, Higher Balances, Lower Quality
"In addition to blaming the lack of creditworthy borrowers, banks are all blaming the rising prices of vehicles as a reason for their disintegrating lending standards."
SEC Criticizes Corporate Insiders Cashing Out Via Share Buybacks
"Share-buyback announcements led to 'abnormal returns' in the share price over the next 30 days. Executives used this share price surge to cash out."
16 Most ‘Systemically Important Banks’ In The World See Their Stocks Crash
"What many of the harder-hit Sifi banks have in common, said Mr Harnett, was a heavy dependence on US-dollar funding, putting them at risk of a squeeze if US rates continue to rise and the dollar continues to strengthen."
Argentina’s Peso Collapses Further Despite $50 Billion IMF Bailout
"The collapse of the peso comes despite an endless series of measures to halt it."
Fund managers joining Buffett in preparing for an ‘ugly’ downturn
"Beinner highlights the increase of global debt, now upwards of $237 trillion and the way the debt has been dispersed as risks to the economy. Rather than banks holding most of the debt as it happened in the financial crisis, this time it’s hedge funds, private equity and investment managers holding most of it. Also worrisome, he says, ratings agencies are again being overly generous with their appraisals allowing for companies with very high debt levels to gain investment-grade ratings."
South African far-left party leader assures white people he won’t kill them – yet
"It’s truly astonishing that someone so dangerous and out of touch has been able to rise to power. And even more astonishing how quickly it’s happened."
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