A more severe crash than the one triggered by the collapse of Lehman Brothers could be on the way, according to alarm signals in the credit markets. Insurance on the debt of several major European banks has now hit historic levels, higher even than those recorded during financial crisis caused by the US financial group's implosion nearly three years ago. Credit default …

ON MAY 2, 2011, al-Qaeda chief Osama bin Laden left this world for the next, and the American bipartisan political elite—not to mention the U.S.-Euro war-loving quintet made up of Senators John McCain, Joe Lieberman and Lindsey Graham, UK prime minister David Cameron and French president Nicolas Sarkozy—leapt off the precipice of simple unreality into the rarefied environs of true …

On a warm spring day, strolling in south London, I heard demanding voices behind me. A police van disgorged a posse of six or more, who waved me aside. They surrounded a young black man who, like me, was ambling along. They appropriated him; they rifled his pockets, looked in his shoes, inspected his teeth. Their thuggery affirmed, they let …

August 19, 2011 "BI" — A former senior analyst at Moody's has gone public with his story of how one of the country's most important rating agencies is corrupted to the core. The analyst, William J. Harrington, worked for Moody's for 11 years, from 1999 until his resignation last year. From 2006 to 2010, Harrington was a Senior Vice President in …

  Bashar al-Assad's shelling of towns and killing of citizens leaves country at risk of imperialist invasion, says author. August 19, 2011 "Al-jazeera" 08/15/08 —  The news this morning that the Syrian navy were shelling the water-front of Latakia – including the Palestinian refugee camp there – shook me to the core. Not just because I lived in that camp last year, on that water-front, …