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India Nationalizes Giant Shadow Bank at Center Of Market Rout

Oct. 2, 2018, 8:54 a.m. Denes Osvalt

One week after we reported that India's NPL crisis finally erupted after IL&FS, a major shadow bank at the heart of India's economy defaulted in one day on three debt payments, India’s government announced on Monday that it would immediately ...

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Can technology save life on Earth?

Sept. 12, 2018, 8:59 p.m. Denes Osvalt

Biological diversity is the “infrastructure” that supports life on our planet: the air we breathe, the food we eat and the water we drink are only possible as long as we have healthy biodiversity – rich species and ecosystem diversity. ...

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Haley’s Nuclear Deal Delusions

Aug. 29, 2018, 7:54 p.m. Denes Osvalt

Nikki Haley unwittingly made a very revealing comment about the Trump administration’s hostility to the nuclear deal with Iran: U.S. Ambassador to the United Nations Nikki Haley said on Tuesday that she “never thought the Iran deal could be fixed.” ...

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Secret meeting of social media, tech giants to tackle midterm election

Aug. 25, 2018, 11:36 a.m. Denes Osvalt

Representatives from America’s tech giants are meeting in private to discuss strategies for countering “information operations” ahead of the midterm elections. The meeting comes amid growing concern over social media censorship, reported Russia Today. The secret meeting, which will take ...

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53 Major Earthquakes Just Hit the Ring of Fire in a 24 Hour Period

Aug. 21, 2018, 9:03 p.m. Denes Osvalt

Is something unusual starting to happen to the crust of our planet? The USGS defines any earthquake of at least magnitude 4.5 as “significant”, and there were 53 earthquakes that met that criteria along the Ring of Fire on Sunday ...

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Is Spain facing a new wave of xenophobia over migrants?

Aug. 4, 2018, 5:04 p.m. Denes Osvalt

Not even two months after taking office, Spanish Prime Minister Pedro Sanchez is facing his first significant political crisis. Last week, dramatic images of hundreds of African migrants jumping over the Ceuta border fence rocked public opinion. According to the ...

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The Crucifixion of Julian Assange

July 29, 2018, 9:11 p.m. Denes Osvalt

If reports are to be believed, and the Ecuadorian government is preparing to evict Julian Assange from their embassy in London, where the editor-in-chief of Wikileaks has been holed up since 2012, fighting for the right to political asylum, then ...

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Deepfakes Are Coming. And They're Dangerous

July 22, 2018, 7:23 p.m. Denes Osvalt

Technology is making it easier and easier to create the impression that someone said or did something that, in reality, they did not. For malicious actors armed with that impersonation software, the possibilities for havoc are endless: political sabotage, humiliating ...

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Steve Bannon planning foundation to boost far right in Europe

July 22, 2018, 10:17 a.m. Denes Osvalt

US President Donald Trump's controversial former advisor Steve Bannon plans to set up a foundation in Europe called "The Movement" to spark a populist rightwing revolt, according to a report, published Digital Journal (Canada). Bannon envisages the organization rivalling George ...

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Syrian rebels give up positions near Golan Heights

July 21, 2018, 12:06 p.m. Denes Osvalt

Syrian rebels laid down their weapons and started evacuating their positions near the Golan Heights, paving the way for President Bashar Assad's forces to retake their positions along the Israeli frontier for the first time since 2011, reported Fox News ...

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