A deal between VBT, Russia’s second largest financial institution, and the Bank of China agreed to bypass the US dollar and trade in domestic currencies, undermining USD domination as the international reserve currency and also sidestepping Russia’s sanctions from the West.
In a press conference on Tuesday, Obama demanded answers for the alleged misconduct of VA staff cooking books, fudging wait times, and doctoring records which resulted in the deaths of 40 veterans, but did not make moves so far as to ask for the resignation of VA Secretary Shinseki. This comes in time for the vote on a bill which would allow the Secretary to have more power and discretion over his staff.
Rebels have seized Kidal from government forces, undermining peace talk efforts and revitalizing fighting in the region with the group fighting for independence in the north. The government has called for a ceasefire. The French have had troops stationed in Mali since 2013 when the MNLA rebel group made territorial gains in the north.
Police forces of 14 states went on a one day strike over pay conditions ahead of the World Cup, demanding a raise of 80%. Security has been heightened in Rio recently to minimize the drug-related violence in time for the finals.
A death squad headed by a former mayor in the Southern Philippines has been accused of almost 300 murders, targeting criminal suspects.
The ILO has calculated $150 billion in profits per year in the modern slavery, which is the largest now than any time in history. 2/3 of the revenue comes from sex exploitation while the rest comes from labor based slavery. 21 million people worldwide are currently enslaved, according to the study.
Hosni Mubarak, the ousted president, has been sentenced to three years on charges of embezzlement during his time in office. He still faces charges of allowing the killings of 900 protesters in 2011. He previously received a life sentence for the crime, but a judge ordered a retrial, which is expected to be appealed yet again.
The Bahamas have demanded a response from the NSA over the recently uncovered spying of every single phone call in the nation. The US has yet to comment directly on the matter.
In response to the international uproar caused by the kidnapping of 260 Nigerian school girls by the Islamic fundamentalist group, Boko Haram, President Obama has ordered 80 troops to Chad to aid the hunt for the militant group which has ravaged Nigeria for more than decade. Predator drones will also aid in the search.
The two superpowers have reached a $400 billion gas deal giving Moscow greater independence over the recent sanctions and giving Moscow a huge market for its largest export. The pipeline linking the two nations is set to be completed by 2018.