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Despite Battle Field Reverses in Yemen, Al Qaeda is still Reaping Oil Profits

The Al Qaeda are entrenched in parts of Yemen’s south and are reaping profits from smuggled fuel even though they have been pushed out of the enclave it carved out in the country as Yemen descended into civil war.   While hundreds pf Al Qaeda fighters managed to flee to neighboring Shabwa...

$265 Billion in Treasuries is Held at the Tiny Cayman Island

The third biggest foreign owner of U.S. government debt is a Caribbean financial center that is favored by hedge funds.   According to data the U.S. Treasury Department released very recently, the Cayman Islands held $265 billion of Treasuries as of March, up 31 percent from a year earlier....

Key Israel Target and Leading Hezbollah Commander Killed in Syria

In what it described as a “major explosion” at Damascus airport, Hezbollah has confirmed its military commander, Mustafa Badreddine, was killed in Syria this week.   Hezbollah announced that it was investigating whether a “missile or artillery strike” had been responsible even as media...

Questions raised over 2020 Tokyo Olympic over €1.3m payment to secret account: The Guardian

Payment to a notorious account linked to the son of the disgraced former world athletics chief Lamine Diack was apparently made during the race to host the 2020 Games by the successful Tokyo Olympic bid team to the tune of a seven-figure amount reported The Guardian.   Pressure on the...

Wildfire Wipes out a Third of Power from Canada’s Oil Sands

Forcing tens of thousands of people to evacuate in what may become the country’s costliest catastrophe, electricity flowing from plants at Canada’s oil sands operations has shrunk by almost a third as a wildfire ravages the region.   At about 7 p.m 950 megawatts of power to the region was...

As NATO Tensions Laid Bare, Russia Warns U.S. over Naval Incident

While warning the US of military response with "all necessary measures" to any future incidents, Russia accused the United States of intimidation by sailing a U.S. naval destroyer close to Russia's border in the Baltics.   Moscow's ambassador to NATO said the April 11 maritime incident...

After a BP Threat of Oil Industry 'Exodus', Climate Policies were dropped by EU

After receiving a letter from a top BP executive which warned of an exodus of the oil industry from Europe if the proposals went ahead, the EU abandoned or weakened key proposals for new environmental protections, reports The Guardian.     If laws to regulate tar sands, cut power plant...

Is a cash-free future really in your best interest?

Scandinavia is set to be the first “cashless society”, and according to its Governments and financial institutions, it could transition much faster than expected. However, people in Scandinavia are increasingly motivated to hide stacks of cash at home, fearing particularly less access to cash and...

While China Limits Access to Leak News, Probes Opened in Panama Papers in other countries

Following the cache of leaked documents from a Panamanian law firm that showed possible wrongdoing using offshore company structures, authorities across the globe have opened investigations into the activities of the world's rich and powerful.   The financial arrangements of high profile...

What you need to know about the FBI vs Apple case

Is the FBI right in its demand in forcing Apple to unlock its smartphone? or is Apple right in championing the rights of the individuals in a precedent setting case? Here is all you need to know Terming Apple’s rhetoric as “false” the U.S. Justice Department in the high-profile precedent setting...

DoD reports the deployment of military drones in the United States

As per the report there has been 20 such instances. The Pentagon has deployed military drones in the United States. Before you start your journey on the road of a conspiracy theory, be assured that the situation isn’t as bad as you think.   As per a recently published report by the DoD,...

Private public partnership required for stronger data security – U.S. Defense Chief

As per Ash Carter, U.S. Defense Chief, it is imperative that tech companies in the private and in the public sector collaborate and define future encryption standards instead of allowing foreign countries such as China, who oppose a free internet, to do so. Wading into the controversy created by...
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