Next financial crash is coming – and before we’ve fixed flaws from last one

In case you missed it last week:

 

The next financial crisis is coming, it’s a just a matter of time – and we haven’t finished fixing the flaws in the global system that were so brutally exposed by the last one.

That is the message from the International Monetary Fund’s latest Global Financial Stability report, which will make sobering reading for the finance ministers and central bankers gathered in Lima, Peru, for its annual meeting. Continue reading

Iran to Citizens: Flee Isfahan

What happened in Isfahan, exactly, we may never know. One plausible possibility is that it’s a result of a new virus such as Stuxnet.

Iranian officials have instructed residents of Isfahan to leave the city, renewing concerns that a nearby nuclear site could be leaking radioactive material.

An edict issued Wednesday by Iranian authorities orders Isfahan’s one-and-a-half million people to leave the city “because pollution has now reached emergency levels,” the BBC reported. Continue reading