A 7.7-magnitude quake struck at 9:22am EST at a depth of 33 kilometers some 40 km southwest of Puerto Quellon in southern Chile on Sunday, the United States Geological Survey said. The quake has prompted a tsunami threat message by the Tsunami Warning Center for areas as far as 1,000 kilometers (620 miles) from the epicenter.
With Obama vowing retaliation against Russia's "hacking" of the US elections, and set to hold an impromptu press conference ahead of his flight to Hawaii on Friday afternoon, it could be an interesting weekend.
For “every dollar in corrections spending, there’s another 10 dollars of other types of costs to families, children and communities that nobody sees because it doesn’t end up on a state budget.” Researchers concluded the “annual economic burden” resulting from the high rate of incarceration in America is an estimated $1.2 trillion, or nearly 6 percent of the GDP. This burden is also eleven times higher than what governments take from taxpayers to support state and federal prisons.
Just hours after Kimberly-Clark, the consumer-products giant that owns Kleenex and Huggies, said it will shutter its Venezuela operations after years of grappling with soaring inflation and a shortage of hard currency and raw materials, Venezuela retaliated by announcing it would seize the factory.
Europeans are vanishing, as the peoples of the Maghreb and Middle East, South Asia and the sub-Sahara come to fill the empty spaces left by aging and dying Europeans whose nations once ruled them. Absent the restoration of border controls across Europe, and warships on permanent station in the Med, can the inexorable invasion be stopped? Or is “The Camp of the Saints” the future of Europe? An open question. But if the West is to survive as the unique civilization it has been, its nations must reassume control of their destinies and control of their borders.Britain ought not to go gentle into that good night the EU has prepared for her. And a great leap to freedom can be taken June 23.
"We will never allow any country to violate China's territorial waters and airspace in the Spratly Islands, in the name of protecting freedom of navigation and overflight," Foreign Ministry spokeswoman Hua Chunying told a regular news briefing."We urge the related parties not to take any provocative actions, and genuinely take a responsible stance on regional peace and stability," Hua said in response to a question about possible U.S. patrols.
In the past year, we have extensively profiled the collapse of ground zero of Canada's oil industry as a result of the plunge in the price of oil. Since then it has only gotten far worse. As Mark Thornton of the Mises Institute points out, in a report from the Financial Post shows that Calgary in Alberta Canada now has 1.7 million square feet of empty office space, the most in North America with another 5.2 million under construction! But that's just the beginning, because for many recent millionaires, the real cash crunch has finally arrived which means business is thriving for at least one industry: pawn shops.
Two weeks ago, as the S&P was preparing to surge on the latest round of all time high market-goosing algo trickery by the FOMC, 60 prominent German personalities from the realms of politics, economics, culture and the media were less concerned with blinking red and green stock quotes and were focused on something far more serious to the future of the world: the threat of war with Russia. In a letter published by Die Zeit, numerous famous and respected Germans including a former president and former prime minister write "Wieder Krieg in Europa? Nicht in unserem Namen!", or, roughly translated, "War in Europe Again? Not in Our Names!" As the signatories note: "It is not about Putin. Heads of state come and go. What is at stake is Europe."
As reported ealier this morning, here, courtesy of Bloomberg, are the nominees for the next European Commission under the presidency of Jean-Claude "If Serioues Then lie" Juncker, with one from each of the European Union’s 28 countries. Job assignments were announced today by the incoming president, Jean-Claude Juncker of Luxembourg. What do these appointments mean for the European Union? The attached flash analysis from Open Europe should answer most initial questions.