“It is true, we are working on the deployment of Russian naval bases outside Russian territory.”-Vice Admiral Viktor Chirkov, Russian navy
27 July 2012, the Russian navy announced they will re-open Soviet era naval bases around the world, including bases in Vietnam, Cuba (the “backyard” of the U.S.) and Seychelles.
The bases are needed for creating […] Continue Reading…
27 July 2012, among warmongering reports from U.S. mainstream media, Poland announces that it has closed its embassy in Syria and is evacuating all Polish nationals!
Up to this point it was the Polish embassy that was acting as the diplomatic representative for the United States.
Reuters is reporting that an unnamed source in Qatar claims […] Continue Reading…
26 July 2012, the European Union’s European Commission is asking its members to pass a new law making currency and interest rate manipulation a crime.
The scandal involves mainly U.S. and British Too Big to Fail banks and the British based LIBOR, Belgium based EURIBOR and Japan based TIBOR systems. Recently it was revealed that […] Continue Reading…
“How much longer can Hoku Corp keep the tsunami of debt, liabilities, liens, foreclosures and material breaches of contract at bay? What’s the delay in filing for bankruptcy protection? I believe that it may be driven by their energetic attempts to sell their solar subsidiary before the much tighter restrictions on selling assets that […] Continue Reading…
“The proceeds of the Term Loan Agreement will be used for debt repayment, to finance the acquisition of working capital assets, and for other general corporate purposes. On July 9, 2012, the Company used $14.8 million of the proceeds to repay its term loan with Wells Fargo Bank.”-Coldwater Creek statement
The struggling Sandpoint, Idaho based womens […] Continue Reading…
26 July 2012, Japan’s Nissan Motor has reported an increase in sales for the April to June quarter, but decreased profits.
Nissan officials said sales were up in China and North America, but, because of the rising value of the Japanese yen, and increasingly stiff competition, the overall profits fell 19.7%. Their profit was still […] Continue Reading…
“It is clear that Britain is in the midst of the most prolonged period of stagnation it has faced in decades.”-John Longworth, British Chambers of Commerce
25 July 2012, Office for National Statistics announced another drop in GDP, for the third month in a row, officially putting the United Kingdom back into a recession.
U.K. economic […] Continue Reading…
25 July 2012, U.S. Secretary of State Hillary Clinton says the United States will no longer use the United Nations Security Council, instead it has formed an alliance with the Arab League and the new French led group called Friends of Syria (which is made up of the European Union and Japan).
Clinton also said […] Continue Reading…
25 July 2012, after a final government initiated, independent investigation report was filed, NHK (nippon housou kyoukai/Japan Broadcasting Corporation) is reporting that Japanese prosecutors will now accept and investigate criminal complaints regarding the ongoing Fukushima Daiichi nuclear disaster.
The final report basically said that it is not clear that the nuclear disaster was caused by […] Continue Reading…
“The research conducted in the United States shows that the hazardous nature of dichloromethane had been pointed out some time ago. The warning of the health hazard to humans was issued more than 20 years ago!”-Shinji Kumagai, University of Occupational and Environmental Health
Back at the end of June 2012, the Japanese Ministry of Health, […] Continue Reading…