July 25, 2012 0

UK GDP Disaster Far Worse Than It Looks; UK Growth in 2012 "inconceivable"

By News Desk

UK GDP Disaster Far Worse Than It Looks; UK Growth in 2012 "inconceivable" The global recession picked up steam today with news of a UK GDP Shock . The economy shrank by 0.7pc in the second quarter – far more than the 0.2pc fall expected, as record rainfall and the Jubilee holiday added to pressure from austerity cuts and the eurozone debt crisis.

July 25, 2012 0

In Syria – How to "Liberate" a Pro-Army City?

By News Desk

The offensive was coordinated with an assassination bombing and a similar militant assault on Damascus – timed so closely with the UN Security Council vote, the vote was pushed back a day only to be vetoed by Russia and China, with Pakistan and South Africa abstaining in protest of the US-UK backed resolution. It appears that the operation in Damascus was expected to last longer and cause more chaos amongst the ranks of the Syrian military. It also looks like a large psychological operation planned by NATO was attempted, but failed, or pushed back at the very least – one involving the seizing of Syrian broadcasting and replacing it with false reports of the government’s imminent demise.

July 25, 2012 0

Spain 2-Year Treasury Yield Tops 7%, Inversion Between 5 and 10 Year Yields; Spain Sovereign Debt Restructuring Coming Up

By News Desk

Spain 2-Year Treasury Yield Tops 7%, Inversion Between 5 and 10 Year Yields; Spain Sovereign Debt Restructuring Coming Up Posted by Michael Shedlock at 1:49 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.

July 24, 2012 0

In Syria, Obama Fights Bush’s Wars

By News Desk

In Syria, Obama Fights Bush’s Wars Syrian Opposition Signs Pro-War Neo-Con Letter to Obama.  by Tony Cartalucci  July 24, 2012 – Neo-Conservatives have "called on" US President Barack Obama to assist in the establishment of "safe zones" inside of Syria in a recent letter published by the "Foreign Policy Initiative" (FPI) and the "Foundation for the Defense of Democracies" (FDD). Both faux-institutions are corporate, foundation, and government funded clearinghouses, extensions of larger think-tanks like the American Enterprise Institute, for corporate-financier driven agendas, more specifically, wars. They serve the sole purpose of manufacturing consensus behind an agenda that has little or no support within the general public