Posted in News

Diehard jihadists have blocked roads out of the last scrap of their Islamic State group “caliphate” in Syria, US-backed forces fighting them said Sunday, preventing hundreds of civilians from fleeing


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Posted in Business.

US investor & top partners of Baring Vostok equity fund detained in Moscow on fraud allegations


A Moscow district court has ordered the detention of the founder and senior partner of Baring Vostok private equity, as part of an ongoing inquiry into fraud allegations. Other employees were also taken into custody.
Michael Calvey, a US citizen, was detained in the Russian capital on Friday along with other Baring Vostok associates, Vagan Abgaryan, Philippe Delpal, and Ivan Zyuzin, the firm said in a statement. It said the arrests have nothing to do with the company’s activities but relate to a dispute around Russia’s Vostochny Bank.

Posted in Business.

US National Debt Hits Terrifying $22 Trillion


Today is a record moment in US history. The total national debt has surpassed $22 trillion for the first time ever.
The runaway mountain of debt is a terrifying reminder of how fragile the fiat monetary system is. If you want to watch it pile up in real time, visit the US debt clock. It’s a sobering vision of a system out of control.