Archives for يونيو 2013

Despite Regulations, Banks Continue To Flaunt National Housing Rules

The nation’s largest banks are violating the $25 billion settlement that was supposed to end the practices that led to mass foreclosures.

بواسطة Martin Michaels

A report published this week shows that four of the nation’s largest banks are continuing to violate the $25 billion National Mortgage Settlement, which was supposed to end the unscrupulous practices that contributed to the wave of home foreclosures after the 2008 financial crisis. The Washington Post reports that at least 60,000 consumer

Colorado Oil Company Hit With Fine After Spill, But Will It Matter?

Despite the fines, spills continue.

بواسطة Trisha Marczak

Colorado-based oil and gas firm PDC Energy agreed this week to pay a $35,000 penalty for a very public oil spill in a Windsor, Colo., community. The fine was large for an oil company operating in Colorado, as state laws cap the fines oil companies are charged at $1,000 per day, per violation. Considering the spill lasted two days and violated, at

Thousands Missing In India Floods: Global Warming To Blame?

Studies point to climate change as the culprit behind increasingly deadly floods in India.

بواسطة Sarah Lazare

As floods and landslides slam the Indian state of Uttarakhand, where 5,000 are missing and 600 are confirmed dead, scientists warn that India is seeing the effects of a global warming crisis that will only worsen as greenhouse gases rise. Heavy monsoon rains set off dangerous flash floods that tore through over 100 towns, ripping up

Apple Co-Founder Slams Surveillance State, Hails NSA Whistleblower

In a series of interviews, Apple co-founder Steve Wozniak has cheered NSA whistleblower Edward Snowden.

بواسطة Andrea Germanos

Apple co-founder Steve Wozniak has cheered NSA whistleblower Edward Snowden and admonished the rise of the surveillance state. Speaking with CNN's Piers Morgan on Thursday, Wozniak expressed support for the whistleblower and said, "I felt about Edward Snowden the same way I felt about Daniel Ellsberg, who changed my life, who taught me a lot

Greek Coalition Government In Doubt After Another Party Withdraws

Democratic Left withdraws 14 votes from New Democratic-PASOK alliance after state broadcaster closed.

بواسطة Global Post

Greece’s smallest political party in parliament, the Democratic Left, voted to leave Prime Minister’s Antonis Samaras’s coalition government Friday. The withdrawal was in reaction to Samaras shuttering the state TV and radio broadcaster ERT last week, resulting in 2,600 layoffs. It leaves Samaras' coalition with a slim majority, making it harder

Facing Mass Demonstrations, Brazilian President Unveils Series Of Reforms

President Dilma Rousseff is attempting to put an end to days of nationwide protests against government corruption and poor public transportation, healthcare and education.

بواسطة Jill Langlois

SAO PAULO — Brazilian President Dilma Rousseff unveiled a series of reforms on Friday night in an attempt to put an end to days of nationwide protests against government corruption and poor public transportation, healthcare and education. In an address broadcast on TV and radio, Rousseff said she had an obligation to listen to the voices of the