sábado, 28 de mayo de 2016

MAY 28 16 SIT EC y POL



MAY 28 16  SIT EC y POL

HOW THE 1% OLIGARCHY IN THE US  USE TO BEHAVE ?
Case in point: Trump & Hillary .. They certainly will do the same ..
.. if and only if we allow them to come to power.

THEY are the people who fabricated the pretexts to the Vietnam War and the Iraq War.
THEY are the ones who commit war crimes with impunity and jail those who reveal their murders.
THEY are the ones who torture and imprison people outside of any legal or moral framework.
THEY are criminal bankers who are rewarded with bailouts instead of indictments for their crimes.
THEY are the ones who buys Corp complicit media to protect people who are commit crimes against humanity [Case in point: H Kissinger.] instead of investigating and revealing them.
THEY are being exposed by brave whistleblowers and investigative journalists and their days are numbered.
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Extract from:  WHO ARE “THEY”?  By Anthony Freda. Global Research, May 28, 2016
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ZERO HEDGE
ECONOMICS




Breakout bull catalysts:
  • Bear capitulation: consensus is bearish, FMS cash levels high, our Global Flow Trading Rule once again super-close to a “buy-signal” (and unlike in January, this time we are closer to “ceiling” rather than “floor” of the trading range in risk).
  • Strong macro: if recovery in credit & commodity markets (oil>$50b, US & European high-yield bonds close to all-time highs) & stonking April US new home sales followed by rising PMI’s (e.g. US ISM>53) & retail sales, then investors can return to bullish narrative of “higher rates & rising EPS” (Chart 2).
  • Helicopters: BoJ in Japan, Riksbank in Sweden, SNB in Switzerland hint at future use of “helicopter money”.

Bull Trades of the Unexpected:

New highs in S&P500 and, more important, US high yield (H0A0) best played via selling calls on gold or shorting VIX futures; best contrarian risk-on trades (based on FMS) are long UK, Japan, banks (see Chart 3), tech & industrial

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US Default Risk Hits 8-Month Highs. Submitted by Tyler Durden on 05/28/2016   :  While still relatively low, USA sovereign CDS spreads have risen to 8-month highs, surging off early March lows. The reasons are likely numerous though we suggest the 4 surges in the last 3 months appear to line up with notable 'events'...

While correlation does not imply causation, it does waggle its eyebrows suggestively and gesture furtively while mouthing "look over here."  IMAGE placed for this art is WRONG: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/05/28/20160527_USACDS_0.jpg
Note: Sovereign CDS represent a combination both default and devaluation risks.
The image placed by www.zerohedge  has nothing to do with this content
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 "DON'T LISTEN TO THE RULING ELITE, THE WORLD ECONOMY IS IN REAL TROUBLE"., said  FORMER MORGAN STANLEY CHIEF ASIA ECONOMIST. 

[ READ MY COMMENT at the end.] 

Submitted by Tyler Durden on 05/28/2016   :  

"Don't listen to the ruling elite," warns former Morgan Stanley Asian Economist, Andy Xie, "the world economy is on the cusp of a prolonged period of stagnation and instability."  Xie points out that the ruling elite is blaming it on people seeing things (skeptic and fiction peddlers), and that "their strategy is to change people’s psychology." Unfortunately for them he concludes, "the world is catching fire and that fire will eventually reach their Davos chalets."
 
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Andy Xie says the world's elite that are attending the G7, G20, Davos and other wasteful meetings are wrong to try to pin the blame for the turmoil on people’s psychology; all signs point to a prolonged period of global stagnation and instability.

Before the current G7 meetings waste of time, The G20 working group meeting in Shanghai didn’t come up with any constructive proposals for reviving the global economy and, instead, complained that the recent market turmoil didn’t reflect the “underlying fundamentals of the global economy”. The oil price has declined by 70 per cent since June 2014, while the Brazilian real has halved, and the Russian rouble is down by 60 per cent. The global economy is on the cusp of another recession, and these important people blamed it all on some sort of psychological problem of the people.

Over the past two decades, the global economy has been blessed with the entry and participation of 800 million hard-working Chinese, plus the information revolution. The pie should have increased enough in size to make most people happier. Yet, the opposite has happened. The world has gone from one crisis to another. People are complaining everywhere. This is due to mismanagement by the very people who attend the G20 meetings, the Davos boondoggle, and so many other global meetings that waste taxpayers’ money and put inept leaders in the limelight.

One major complaint that people have is that the system is rigged – that is, the rising income concentration is not due to free market competition, but a rigged system that favours the politically powerful. This is largely true. The new billionaires over the past two decades have come mostly from finance and property. Few made it the way Steve Jobs or Bill Gates did, creating something that makes people more productive.

The most important factor in the rigged system is monetary policy being used to pump up financial markets in the name of stimulating growth for people’s benefit. This is essentially the trickle-down wealth effect, that is, making some people in the financial food chain rich while the spillover gives people a few crumbs.

Wasting resources is an equally important factor in making the global economy weak and prone to crisis. After the 2008 financial crisis, the US government and Federal Reserve spent trillions of dollars to bail out the people who created the crisis. Instead of facing bankruptcy and jail, these people have become richer than ever. Predictably, they have used their resources to rig the system further.

After 2008, when Beijing launched a massive investment push, the global ruling elite all praised China for saving the global economy. China has increased credit by over US$20 trillion to finance the construction of factories and homes. However, investment does not guarantee final demand. The process of building up a factory creates demand. But, when it is completed, it needs to sell its goods to someone. What China did was build even more factories to keep this factory occupied. This Ponzi scheme couldn’t last long. We are just seeing the beginning of its devastating consequences.

China’s overinvestment has pumped up commodity prices, which has led to another Ponzi scheme. As major central banks cut interest rates to zero, credit demand didn’t respond in general, as businesses didn’t see growing demand from people who were suffering income erosion. The commodity boom justified credit demand for the time being. Trillions of dollars were poured into the energy sector, and trillions more into other commodity industries. Businesses in emerging economies that were pumped up by rising commodity prices borrowed US$9 trillion. This mountain of debt is floating on a commodity Ponzi scheme that is floating on China’s investment Ponzi scheme. Its bursting is just the beginning. Its impact on the global financial system could be bigger than the 2008 financial crisis.

In addition to the bursting of the global commodity bubble, China’s overcapacity bubble will kill global capital expenditure for many years to come.  ..  All indications are that China wants to export the overcapacity. And why not? China overinvested to bail out the global economy. It shouldn’t pay the whole price for the mistake.

China’s strategy would lead to de-industrialisation in most of the world, in particular middle-income emerging economies. Weak capital expenditure would lead to weak employment and labour income. The resulting bankruptcies may further weaken the global credit system.

The global economy is facing years of stagnation, deflation and financial crises. The current economic managers will resort to the same tricks of pumping up the financial markets with liquidity, to no avail. In the meantime, political instability will spread around the world. It will take a long time for the right leaders to emerge.

Initially, populists will win. Their policies, unfortunately, will focus on protectionism and rolling back the World Trade Organisation system. That will lead to further economic turmoil in the global economy. Protectionism may suddenly jump-start inflation that will quickly become hyperinflation, which would certainly lead to violent revolutions.

The world is on the cusp of a prolonged period of stagnation and instability. Our ruling elite is blaming it on people seeing things. Their strategy is to change people’s psychology. Unfortunately for them, the world is catching fire and that fire will eventually reach their Davos chalets.
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NICE DEBATE. HERE SOME COMMENT TO THIS ART
Conan: "the world is catching fire and that fire will eventually reach their Davos chalets."
I like that!
38bwd22 : The Elites would suffer too if things get bad enough. .. a smart elitist would counsel caution in robbing and messing with the system.  I guess there are just too many THIEVES among the elite to even care… If it gets bad enough, The Elites will get their houses/castles/bunkers burned down...
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Eforce : [from china?] All of this has been planned out long in advance...
"6. The people, under our guidance, have annihilated the aristocracy, who were their one and only defense and foster-mother for the sake of their own advantage which is inseparably bound up with the well-being of the people. Nowadays, with the destruction of the aristocracy, the people have fallen into the grips of merciless money-grinding scoundrels who have laid a pitiless and cruel yoke upon the necks of the workers (we are here).

7. We appear on the scene as alleged saviours of the worker from this oppression when we propose to him to enter the ranks of our fighting forces - Socialists, Anarchists, Communists - to whom we always give support in accordance with an alleged brotherly rule (of the solidarity of all humanity) of our social masonry. The aristocracy, which enjoyed by law the labor of the workers, was interested in seeing that the workers were well fed, healthy, and strong. We are interested in just the opposite - in the diminution, the killing out of the goyim. Our power is in the chronic shortness of food and physical weakness of the worker because by all that this implies he is made the slave of our will, and he will not find in his own authorities either strength or energy to set against our will. HUNGER creates the right of capital to rule the worker more surely than it was given to the aristocracy by the legal authority of kings.

8. By want and the envy and hatred that it engenders we shall move the mobs and with their hands we shall wipe out all those who hinder us on our way."
-The Protocols
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[ MY COMMENT: The Fact, it is that HUNGER is not the main factor  moving  masses to rebellion in the US  in current time. Food abound and will abound  for long time thanks to the new rule:  Companries driving fast food  restaurants have to give away the food they can’t sell it during the day. Free Comedors will be set to feed the poor after midnight. Hunger is not and won’t be the cause of rebellion. At economic level is the collapse of the neoliberal market that prom new generation to uprise. Their expectations to survive with  a decent salary to pay the debt for his studies have been crashed .. there is not job market for them .. not future at all. The usual American way of life has been canceled. They won’t go to midnight comedors, they instead will plot the next rebellion for the coming week. At political level, the millionaires intromission in electoral politics –their corrupt buying of elections- added the final drop of irrelevance  and perversion to the so called  “ democratic system” . This was designed to recycle the system of power in Washington, with the  billionaires in the electoral game, it is clear that nothing will be changed  .. The new generation has decide to put down this corrupted political system .. Democracy in America stinks and causes nausea to the new generation …  The only way is to take down the billionaires .. How? Either by Law or by force. This is the situation nowadays. ]
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"The Stock Market Won't Crash, Yet" - The Barron's Cover Strikes Again. Submitted by Tyler Durden on 05/28/2016   :  When it comes to Wall Street cover page superstitions, nothing beats the Barron's front page article jinx: just when you think something will never happen, Barron's confirms it on the cover, virtually assuring that it does. In which case, be afraid bulls, be very afraid, because if past is prologue Barron's just green-lit the next crash.

The current period of gain has lasted more than seven years and propelled the stock market averages to new highs. But since the peak of last May, the market has faltered, briefly touching double-digit lows early this year. Bears have begun to wonder whether the crash to which the market is always headed is just ahead.


Probably not.
Well, not anymore. In the article, author Gene Epstein unveils such quantitative pearls as:
[T]here has been just one market crash over the past 35 years that wasn’t accompanied by a recession: the 12-month decline of more than 20% from August 1987 through August 1988. Arithmetically, this crash would not have happened were it not for the largest one-day plunge in U.S. history: Black Monday, Oct. 19, 1987, when the market tumbled more than 20% in a single day, the only one-day bear market on record. The previous crash on a single day that was at all comparable ran in the low-double digits and occurred 58 years earlier, in October 1929.

if a one-day crash does strike every 58 years, the next one is due 58 years from 1987, or in 2045. So if we treat the Black Monday–induced crash as an outlier, we are left with just three market crashes over the past 36 years plus one near crash, all four coinciding with the past four recessions.

So smooth sailing for the next 30 or so years then? He then presents what he believes are various reasons why there will be no crash this time. Among these are: stocks valuations are "not too exuberant"; that the inflation-adjusted house price is not above previous peak; that the yield curve is not flat or inverted; and that the price of oil is not surging. 

One can, of course, debunk each one of these reasons simplistically with the following rebuttals: 


But the simplest reason why the entire Barron's article has scrap value at best is that not once does it mention the only thing that does matter, and which saved the market from its most recent crashes, namely central bank intervention as the only recourse left in this centrally-planned global market where as the central bankers themselves now openly admit, their only mandate is to keep asset prices buoyant.

Whether it is the "Shanghai Accord", or the BOJ's attempts at creative monetary policy a la NIRP (which ended up being a huge mistake), or constant Fed president jawboning, or hints of helicopter money, the fact simply is that there is no market left: there is simply frontrunning of central bank intentions to either push stocks higher or lower.

That's it, and with every "policy failure" intervention, central banker credibility gets shorter and shorter, to the point where even the G-7 has to step in and say fiscal stimulus will be critical as monetary policy has lost power to push growth higher.

As such, in a "market" like this one, any attempts to predict future prices are not only naive and silly, but futile. It is, in fact, the same as saying that the market will crash just because Barron's cover page says it won't.
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Is there any hope for our country as long as the vast majority of the population is continually plugging themselves into this enormous "propaganda matrix"?


Below is a list of these six corporations along with a sampling of the various media properties that they own…

COMCAST
NBC
Telemundo
Universal Pictures
Focus Features
USA Network
Bravo
CNBC
The Weather Channel
MSNBC
Syfy
NBCSN
Golf Channel
Esquire Network
E!
Cloo
Chiller
Universal HD
Comcast SportsNet
Universal Parks & Resorts
Universal Studio Home Video

THE WALT DISNEY COMPANY
ABC Television Network
ESPN
The Disney Channel
A&E
Lifetime
Marvel Entertainment
Lucasfilm
Walt Disney Pictures
Pixar Animation Studios
Disney Mobile
Disney Consumer Products
Interactive Media
Disney Theme Parks
Disney Records
Hollywood Records
Miramax Films
Touchstone Pictures

NEWS CORPORATION
Fox Broadcasting Company
Fox News Channel
Fox Business Network
Fox Sports 1
Fox Sports 2
National Geographic
Nat Geo Wild
FX
FXX
FX Movie Channel
Fox Sports Networks
The Wall Street Journal
The New York Post
Barron’s
SmartMoney
HarperCollins
20th Century Fox
Fox Searchlight Pictures
Blue Sky Studios
Beliefnet
Zondervan

TIME WARNER
CNN
The CW
HBO
Cinemax
Cartoon Network
HLN
NBA TV
TBS
TNT
TruTV
Turner Classic Movies
Warner Bros.
Castle Rock
DC Comics
Warner Bros. Interactive Entertainment
New Line Cinema
Sports Illustrated
Fortune
Marie Claire
People Magazine

VIACOM
MTV
Nickelodeon
VH1
BET
Comedy Central
Paramount Pictures
Paramount Home Entertainment
Country Music Television (CMT)
Spike TV
The Movie Channel
TV Land

CBS CORPORATION
CBS Television Network
The CW (along with Time Warner)
CBS Sports Network
Showtime
TVGN
CBS Radio, Inc.
CBS Television Studios
Simon & Schuster
Infinity Broadcasting
Westwood One Radio Network

Fortunately, those enormous media conglomerates do not have quite the same monopoly over the Internet, but we are starting to see a tremendous amount of consolidation in the online world as well. 
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POLITICS


Everyone Is Missing The Most Troubling Part About Hillary's Email Audit! .Submitted by Tyler Durden on 05/28/2016   :  “Secretary Clinton should have surrendered all emails dealing with Department business before leaving government service, and because she did not do so, she did not comply with the Department’s policies that were implemented in accordance with the Federal Records Act,” the audit report said. Bottom line: Mrs. Clinton violated the Federal Records Act. However, what is probably the most troubling about all of this is that, despite these blatant violations, there will be absolutely no legal repercussions for Mrs. Clinton for this offense. She’s off the hook! Why aren’t all the pundits screaming about that?

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Four Lost Decades: The Bumbling Incompetence Of The Power Elite. Submitted by Tyler Durden on 05/28/2016   :   They’re geniuses. No doubt about it. That’s why they’re in charge and we’re not. They’re the elite. They run the Deep State. They may not pay the piper, but they call the tune anyway. And good on them! Who knows what prices we might discover if we were left on our own?


The gap between economic output and the debt accumulated to achieve it continues to widen…while savers are expropriated and capitalists are given an incentive to consume their capital (the “euthanasia of the rentier” propagated by Keynes has finally been achieved) – click to enlarge.

A Symptom of a Disease

The elite controlled the money, the wars, the policies, and the programs of the last 40 years. It is they who are responsible for $200 trillion of debt worldwide…  ISIS… and The Donald.
Blame them for ZIRP and NIRP, for $8 trillion worth of income stolen from savers,  for the vulgar rich flush with cash, for China’s breathtaking growth and its wobbly tower of  debt, for Four Lost Decades, and for America’s longest (and most unwinnable) war.

Mr. Wolf is not concerned about correcting any of these abominations. Trumpism, he claims, “is a symptom of a disease. We must now find more effective ways to cure it.
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Obama Steps In To Defend Hillary: DOJ Fights To Block Clinton Deposition. Submitted by Tyler Durden on 05/28/2016  [ SAD, too sad that Obama is taking side against the Law.. to defend the worse of the oligarchy .. that is the sad part.  He should’ve remain neutral.]
Late Thursday evening the Justice Department, under US attorney general Loretta Lynch, first appointed in 1999 by none other than Bill Clinton,  filed a court motion opposing the Clinton deposition request from conservative legal watchdog Judicial Watch, claiming that the organization was trying to dramatically expand the scope of the lawsuit.
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Goldman Sachs Is The Gift That Keeps On Giving... To The Clintons Submitted by Tyler Durden on 05/28/2016   :  By now we all know that Goldman Sachs is the gift that keeps on giving to the Clintons. Whether it's paying millions out for speeches, investing in family member's failing hedge fund ventures, or donating hundreds of thousands to the Clinton Foundation, Goldman seems to be keeping a close relationship with the family. But, with The Intercept dogging Hillary's every move seeking uncomfortable truths to awkward questions, perhaps the gift of Goldman is now a growing inconvenience on the campaign trail.
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ME & WORLD ISSUES




How Russia Is Preparing For WWIII. Submitted by Tyler Durden on 05/28/2016   :  If the ‘deep state’ is really delusional enough to trigger a war with Russia, in Europe or elsewhere, the narcissistic and hedonistic West, drunk on its own propaganda and hubris, will discover a level of violence and warfare it cannot even imagine and if that only affected those responsible for these reckless and suicidal policies it would be great. But the problem is, of course, that many millions of us, simple, regular people, will suffer and die as a consequence of our collective failure to prevent that outcome.
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Putin Vows Retaliation Over US Missile Shield; Warns Poland, Romania Now In The "Cross Hairs". Submitted by Tyler Durden on 05/28/2016   :  during a joint press conference with Tsipras in Greece, Putin warned Romania and Poland they could find themselves in the sights of Russian rockets because they are hosting elements of a U.S. missile shield that Moscow considers a threat to its security. "If yesterday in those areas of Romania people simply did not know what it means to be in the cross-hairs, then today we will be forced to carry out certain measures to ensure our security."
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DOWN with TYRANNY

2 SERVANTS OF HILLARY DISPOSED. HER CORRUPT MACHINE DON’T WORK

Is being disassembled: “These 2 self-serving careerists have wrecked the Democratic Party” said the title of this article.  

Debbie Wasserman Schultz has been squawking like a stuck pig in her e-mails about the rivers of small contributions flowing into Tim Canova's campaign to defeat her in South Florida. She has to work hard for the money she gets from special interests for Big Sugar, pay day lenders, Wall Street banksters, the private prison industry, the alcohol lobbyists.” - See more at: http://downwithtyranny.blogspot.com/#sthash.GAeECXqd.dpuf

The other one is “Tim Canova's grassroots which has harnessed over 85,000 individual donors from every part of Florida and every part of America who think “DebtTrapDebbie” should have been put out to pasture years ago. The "mystery millions" she whining about come from 1,048 students, 3,230 teachers, 1,473 nurses giving an average of $18 each... while the $1,774,270 she had brought in by the March 31 FEC filing deadline came overwhelmingly from the Finance Sector ($194,600) and from lawyers and lobbyists ($136,725). – 

[ Cuantos mas corruptos hay en los chiqueros de Hillary Clinton? No lo sabemos .. solo sabemos que si esta dama llega al poder esto se convertirá en un pandemia difícil de erradicar. Por ahora solo decimos “de tal vaca .. estas terneras”. Lo que nos obliga a mas acción en las calles y más organización de células para detenerla. ]

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GLOBAL RESEARCH


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This is about the 1% oligarchy in the US .. Case in point: Trump & Hillary
By Anthony Freda. Global Research, May 28, 2016
 
“Thank you for that wonderful tribute to Henry Kissinger.
As the most recent National Security Advisor of the United States, I take my daily orders from Dr. Kissinger.”  
James L. Jones,  U.S. National Security Advisor,  Feb. 8th, 2009 (quoted by  CFR)

THEY are the people who fabricated the pretexts to the Vietnam War and the Iraq War.
THEY are the people who spy on us illegally and call the whistleblowers who expose their crimes traitors.
THEY denied they were spying on us for years despite evidence to the contrary and at the same time they were building a vast, illegal technological prison around us.
THEY are the ones who commit war crimes with impunity and jail those who reveal their murders.
THEY are the ones who torture and imprison people outside of any legal or moral framework.
THEY are criminal bankers who are rewarded with bailouts instead of indictments for their crimes.
THEY make billions destroying the economic future of millions with Ponzi schemes and then blame their victims.

THEY are the complicit media who protect the people who are committing crimes against humanity instead of investigating and revealing them.
THEY are the ones who write talking points like the question “Who are They?” in an attempt to portray people who question the motives and morality of global planners as paranoid.
THEY are being exposed by brave whistleblowers and investigative journalists and their days are numbered.
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RT SHOWS


Keiser Report Episode 920  Max and Stacy discuss the declaration of war in North Yorkshire and a prime minister vowing to defend the island, no matter the cost. In the second half, Max interviews financial analyst, Rick Ackerman, about bonds, gold and pensions.
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Redacted Tonight. Hillary’s fracking scam, national borders don’t matter & how racist juries are created . Lee Camp begins with a short discussion of recent developments in evolution. Humans have evolved to be the most intelligent species, but we're still one-celled amoebas when it comes to our politics. [ Case in point: Trump?]
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Watching the Hawks. The nuclear president & pay disparity at the Post (E247)  Tyrel Ventura & Tabetha Wallace are joined by PR Strategist and author of “Conservative Black Chick,” Crystal Wright, to discuss President Obama in Hiroshima and the gender pay gap...
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Worlds Apart. Love thy frenemy?  Love thy neighbor is far from being a core principle of international relations and yet it still pays to have good neighborly ties. If security in Europe is rooted in cooperation among neighbors, why is it becoming so difficult for them to get...
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SophieCo. NATO masses troops along Russian border, war becomes possible scenario - peace movement leader  NATO could expand its presence - again, this time with Montenegro bidding for membership of the alliance. The country's government insists the decision is supported by the majority of the people, but polls show otherwise - almost half of Montenegro...
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Documentary.  Toxic chemicals: Kids in danger . Is our dependence on pesticides harming the health of our children? Every day, children are exposed to up to 130 chemical pollutants from pesticides. All around the world, scientists and doctors are raising the alarm, linking increases in child...
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The Big Picture.  The rise of Bernie and the fall of the GOP . In tonight’s first Conversations with Great Minds Thom talks the Democratic presidential race with former Ohio State Senator and Bernie spokesperson Nina Turner, and in the second Great Minds Thom discusses the Republican party with professor...
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CrossTalk.  Who's aggressive? . Who is being aggressive? For the past few years the drumbeat for a conflict with Russia has been building almost to the point of hysteria. Now there is talk of a war – including a nuclear war – that could destroy civilization. On this...
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Going Underground. Exclusive G7 club & Tunisia's dying economy (E347) . Rattansi goes underground on the G7 summit in Japan and asks what the point is without China. And, Tunisia's former tourism minister explains what Britain's Foreign Office can do to save her country's golden beaches.
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News with Ed Schultz.  News With Ed -- May 25, 2016  DNC Chair too toxic for the party? Democrats increasingly fed up with leadershipBackchannel conversations among some Democrats have gone negative against Democratic National Committee (DNC) Chair Debbie Wasserman Schultz, as some believe she’s...
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NOTICIAS IN SPANISH


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ARG  Los crímenes históricos. Osvaldo Bayer
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COL  -El diálogo sigue siendo la ruta. Javier Calderón
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VEN  -La derecha en el cambio de época. Reinaldo Iturriza
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La Comuna de París .145 años de cerezas y barricadas. Patricia Godes
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Eric Toussaint: "El 65 % de la deuda española es ilegítima"  Begoña Ramirez
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Vicent Boix : “África es el supermercado del mundo” Ana I. Bernal
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Libros . El agua en un mundo en crisis. Janice Cox
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Brasil . Golpe de Estado Michael Löwy
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PRESS TV


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