Russian intelligence has spotted up to 12,000 tankers and trucks on the Turkish-Iraqi border, the General Staff of Russia’s armed forces has reported. “The [aerial] imagery was made in the vicinity of Zakho (a city in Iraqi Kurdistan), there were 11,775 tankers and trucks on both sides of the Turkish-Iraqi border,” Lieutenant-General Sergey Rudskoy told journalists on Friday. “It must be... 

74 years of sentences for high level fraudsters; US and rest of Europe bailed theirs out. In a story not reported on at all by any Western mainstream media source, Iceland just sentenced another five high level bankers to prison for directly contributing to the collapse of the country’s economy in 2008. This brings the total to 26 bankers now behind bars in Iceland, with most being CEOs of large... 

French bank Credit Agricole was accused by Washington of dealing with countries under US embargo and processing financial transactions for Sudan, Cuba and Iran through the United States. Several bank employees responsible for the transactions have already been fired, media reported. The bank agreed to pay $800 million in fines for the illegal financial transactions carried out in the period from 2003... 

The medical community is outraged by a 5,500 percent price hike for Daraprim, after a big NY-based pharmaceutical company purchased the patent for it. The drug has been on the market for over 60 years, and can be essential to certain AIDS and cancer treatments. The New York-based Turing Pharmaceuticals raised the price of Daraprim from $13.50 to $750 per pill in just over a month after buying the... 

US banks might have rigged another huge market, Bloomberg reports. Dealers including top American banks which control the $12.8 trillion US Treasury market rigged bond auctions for years, Bloomberg reports. Citing a federal antitrust lawsuit, the financial data and news provider says the giant Jewish owned banks such as Goldman Sachs, JPMorgan, and Morgan Stanley coordinated to manipulate Treasury... 

Robert Ménard, Mayor of Béziers in Southern France, has again made the headlines for fighting the illegal immigrants into Europe. Ménard, accompanied by armed police and a translator, is going door-to-door in a block of apartments where illegal immigrant have broken in, and are now squatting. He told one illegal immigrant squatter this: “You are not welcome in this town. You came into this apartment,... 

Mass anti-government protests organized by the civic platform Dignity and Truth (DA), began in the Moldovan capital of Chisinau Sunday. Since September 5, protesters in Chisinau have been demanding the resignation of the Moldovan government and the chief prosecutor, while also calling for early parliamentary elections and a prompt action to tackle corruption in the country. “Today we are going... 

Lax legislation allows foreigners who have never paid taxes in Britain to access medical care in their own countries at the expense of the National Health Service (NHS), an investigation has found. The Daily Mail investigation, which was published on Monday, revealed that foreign nationals who claim to be living in Britain are obtaining free European Health Insurance Cards (EHIC) and charging the... 

Goldman Sachs, the Great Vampire Squid that helped oligarchs and corrupt politicians hide the debt central bankers say the Greek people owe, faces legal action over the role it played in the financial crisis. The investment bank worked behind the scenes to ensure Greece followed strict Maastricht rules for eurozone membership, according to a former Goldman banker who advised indebted governments on... 

Armenia’s “Electric Yerevan” protests against a hike in power tariffs coincide with Armenia’s sale of a massive complex of dams to a little-known US company with US government approval. We look at how it could impact US influence in the region. Protests over electricity price hikes in Armenia follow the June 6 privatization of Armenia’s Vorotan Hydroelectric Cascade to... 

The pay of top CEOs from the 350 largest companies in the US has increased by 54.3 percent from 2009, to an average of $16.3 million per year – six times greater than that of the top 0.1 percent of wage earners, according to new study. According to the study by the progressive think tank Economic Policy Institute, $53,200 was the average annual salary of the worker in 2009 and it has remained stagnant... 

Russia has summoned the Belgian ambassador to Moscow and threatened to “respond in kind” after bailiffs instructed nearly 50 Belgian companies to disclose Russian state assets, a move which reportedly sets the stage for the seizure of Russian property in connection with the disputed $50 billion Yukos verdict. Essentially, Russia was required to submit a plan for a €1.6 billion payment pursuant... 

The 50 hospitals overcharging patients are marked in the US map. A new study shows that 50 hospitals in the United States charge uninsured patients around 10 times more than the normal care cost. Out of the 50, half are run by the Community Health Systems while 14 others are operated by Hospital Corp. of America, the Washington Post reported on Monday based on the study published in Health Affairs. “They... 

A new scandal involving leading financial institutions in Europe and the US has been added to the list of previous cases. Barclays, RBS, JPMorgan, Bank of America, UBS and Citigroup are accused of manipulating foreign exchange market which the FBI says involved criminality “on a massive scale”. Four banks have agreed to plead guilty to conspiring to fix prices and rig bids in the $5.3-trillion... 

An Israeli oil company has been ordered by a Swiss court to pay $1.1 billion to Iran in compensation in a long-standing legal battle related to a joint venture before the Islamic Revolution, the IRNA news agency says. Citing an “informed source” at Iran’s Presidential Center for Legal Affairs, IRNA said the ruling relates to the Israeli company’s sale of Iranian oil and withholding the money. Iran...