George Soros and German Media

 

While Russian political tampering concerns dominate news headlines, one area of concern that has been overlooked for many decades is Germany’s mounting influential power over media, academia, and/or book publishing, something which Dr. Robert E. Kaplan of Jerusalem calls “soft power” in his illuminating book titled The Soros Connection, where he demonstrates the very real possibility that George Soros is a political and economic wrecking ball working as a foreign agent for the German state. Dr. Kaplan received his Ph.D. in history from Cornell University. He was heavily influenced by historian Edward Whiting Fox. Continue reading

You ain’t seen nothing yet: Western states face decades-long megadroughts

“Megadroughts” that last for decades are threatening to strike already parched Western U.S. states by the end of the century, a new study finds, with one model predicting that a drought lasting about 35 years may be a “near certainty.”

A megadrought would bring back the devastating dustbowl conditions of the 1930s to California, Utah, Nevada, New Mexico, and Colorado, but would last for a much longer period of time, according to the study published Wednesday in the journal Science Advances. Continue reading

Russia adds yuan as currency reserve

The Central Bank of Russia has included the Chinese yuan in its reserve currency basket, TASS reports. The move is expected to boost the yuan’s presence in the Russian financial market.

As of December 31, 2014, the latest data available, the US dollar was still dominating Russia’s forex basket at 44 percent. The second most-used foreign currency was the euro with 42 percent. The British pound made up 9.5 percent. Continue reading

Lake Powell’s receding waters show risk of U.S. ‘megadrought’

More than 500 feet (150 meters) deep in places and with narrow side canyons, the shoreline of the lake is longer than the entire West Coast of the United States. It extends upstream into Utah from Arizona’s Glen Canyon Dam and provides water for Nevada, Arizona and California.

But a severe drought in recent years, combined with the tapping of the lake’s water at what many consider to be an unsustainable level, has reduced its levels to only about 42 percent of its capacity, according to the U.S. space agency NASA. Continue reading

Worst Drought In 1,000 Years Forecasted For The U.S.

The drought in California is persisting even after significant rainfall. It’s a bad situation, but it is absolutely nothing compared to what is in store for the Central Plains and Southwestern region of the United States in the next 100 years.

Scientists had already found that the Southwestern United States were at great risk of experiencing a significant megadrought (in this case meaning drought conditions that last for over 35 years) before the end of the 21st century. But a new study published in Science Advances added some grim context to those predictions. Continue reading

Megadrought may plague parts of USA

We ain’t seen nothing yet: The intense drought in California is only an appetizer compared with what’s coming this century across much of the western and central USA, according to a study out Thursday.

During the years 2050 to 2100, the Southwest and Great Plains will face a persistent “megadrought” worse than anything seen in the past 1,000 years, and the dry conditions will be “driven primarily” by human-induced global warming, scientists said. Continue reading

BRICS shake up global economic architecture

By creating their own multilateral financial institutions, the BRICS emerging-market powers are shaking up global economic governance but remain far from dismantling the post-war system dominated by the West.

For the past 70 years, the International Monetary Fund and the World Bank have been the pillars of the world’s economic system, coming to the rescue of countries in trouble and supporting development projects, respectively.

China, the world’s second-largest economy, continues to have just slightly more voting power in the IMF than Italy, about five times smaller.

And, since their creation in 1944, the IMF and the World Bank have only been led by Americans and Europeans. Continue reading

Replace dollar with super currency: economist

The World Bank’s former chief economist wants to replace the US dollar with a single global super-currency, saying it will create a more stable global financial system.

“The dominance of the greenback is the root cause of global financial and economic crises,” Justin Yifu Lin told Bruegel, a Brussels-based policy-research think tank. “The solution to this is to replace the national currency with a global currency.” Continue reading