A London charity has imported steel containers from China and converted them into bargain basement homes, as part of a novel solution to try and solve homelessness amid soaring rents in the British capital. A hostel in east London has come up with the ingenious idea of converting a shipping container from China into a tiny low cost home for hard up and desperate Londoners. Although it’s only a steel... 

The US House of Representatives Armed Services Committee has proposed a nearly half a billion dollar increase in military aid to Israel even as the United States is struggling with domestic economic issues. The committee approved $488 million last week to fund Israel’s development of two missile systems and to finance the purchase of extra batteries for 2014. The proposal must now be approved by... 

Amaya Muñoz cries in the arms of friends on being evicted from her home; the operation was conducted by 100 police officers. This is the mirror image of the horror affecting countless families across Spain, who are losing their jobs and their homes in the most shocking wave of austerity. Amaya Muñoz is the drama of the Spanish population facing austerity policies: she is jobless and homeless. “You... 

In an overwhelming UN vote, 188 countries have called on the US to lift its 53-year trade embargo on Cuba. Havana has slammed the financial sanctions as a flagrant violation of human rights and said they are tantamount to genocide. The recording-breaking opposition to the embargo saw Israel isolated as the only country to vote in support of the US. Palau, the island nation that got behind the US last... 

In an effort to attract a booming class of wealthy Muslim investors, Britain will be the first non-Islamic country to issue sovereign Islamic bonds, Prime Minister David Cameron has announced on Tuesday. Islamic finance is an opportunity not to be missed: Islamic investments have jumped 150 percent in the last seven years, and are due to be worth $2.1 trillion (£1.3 trillion) by 2014; Cameron told... 

The European Union is considering a possible imposition of sanctions on the United States as a response to Washington’s massive spying activities on its closest European allies. German officials said Monday that the EU is considering suspending a data-sharing agreement between the EU and the US. The agreement allows the United States access to funds transferred through the private, Belgium-based... 

Employees of French automaker Peugeot-Citroen (PSA) from Aulnay-sous-Bois, near Paris, demonstrate in protest at job cuts in front of the Paris Motor Show in Paris, September 29, 2012. The French automaker Peugeot has experienced an estimated four billion euros in lost sales after cutting ties with the Iranian automaker Iran Khodro under pressure from an American partner company, Press TV reports. Peugeot’s... 

A stunning Ministry of Finance (MoF) report released today on the global impact of the recently implemented Affordable Care Act (ACA) [otherwise known as Obamacare] in the United States is warning that this new law is now in a “death spiral” which could, by February 2014, collapse the entire world’s economic system as the US Federal Reserve would not be able to bail out its European Union (EU)... 

Russia will spend over 600 billion rubles on the World Cup. The funds will be allocated by the federal budget, regions and private investors. In June, the government adopted a program to prepare for the World Cup FIFA 2018, and is now discussing the allocation of resources and responsibilities between federal entities. The Director of the Department for Relations with the Regions of the organizing... 

In the very days when a deep split in the US Congress threatened a US government debt default, the gold price should normally jump through the roof, yet the opposite was the case. It is worth a closer look why. Since August 1971, when US President Richard Nixon unilaterally tore up the Bretton Woods Treaty of 1944 and told the world that the Federal Reserve ‘gold window’ was permanently closed,... 

Over 1000 troops have been deployed in Rio de Janeiro ahead of a major oil rights auction. The move to partially sell off Brazil’s most promising oil reserves has been met with opposition, triggering mass strikes and disruption to oil production. A spokesperson from the Brazilian army said that around 1,100 troops are being deployed around the Hotel Windsor in West Rio where the auction will be... 

The German ambassador in Athens Wolfgang Dold, spoke of investments planned to take place in Greece by German companies. When will they invest? After the EU, IMF and others directed entirely from Berlin, are finished looting everything in our country. Then the Germans and other foreign entities that exploit human souls will “invade” to analyze everything. Public property already is being sold... 

In light of the arrogant and brazen internationalism courtesy of Antonis Samaras and the unconstitutional and unlawful persecution of the leader and Members of Golden Dawn, he is now expecting people to give a “thank you” to the international usurers, who with the help of this domestic political puppet continue to steal from the Greek People. The lackeys of militant journalism sunk to the lowest... 

A Siemens worker in Germany works on a turbine. Leading economic think tanks have slashed this year’s annual growth forecast for Germany by half, as uncertainty in the eurozone continues. On Thursday, the Munich-based Ifo together with Berlin-based DIW, Halle-based IW, and Essen-based RWI economic research institutes estimated that Germany’s gross domestic product (GDP) would grow by 0.4... 

Violence broke out between police and demonstrators in Rome on Saturday as tens of thousands took to the streets to protest Italy’s new budget. “We are laying siege to the city!” chanted the crowd, as a small minority pelted the police and government buildings with water bottles and eggs. A group of protesters turned over garbage bins and set some of them on fire in front of the Economy Ministry. Police...