War, Oil And Debt: Which Threats To The US Economy Are Legit?

Legendary Swiss Bank "Thinks The Unthinkable"; Report Swiss banking giant UBS is considering abandoning its home country and relocating to the United States as a bitter battle over government regulations threatens to upend one of the world's most powerful financial institutions. The Zurich-based banking powerhouse and its advisers have drawn up contingency plans to move its headquarters abroad if Swiss lawmakers impose sweeping new capital requirements, according to The Wall Street Journal. The bank has also received approaches from potential American deal partners, although no negotiations are underway and no formal steps...

San Francisco Archdiocese Agrees To $395 Million Abuse Settlement Authored by Owen Evans via The Epoch Times, The Archdiocese of San Francisco has agreed to pay $395 million to settle more than 500 lawsuits alleging child sexual abuse by church officials, in what the plaintiffs’ lawyers described as the largest per-survivor settlement. The plaintiffs’ attorneys said on June 29 that San Francisco Archbishop Salvatore Cordileone will have to write an apology letter to each survivor as part of the settlement. The settlement also requires the archdiocese to implement a series of child protection...

Hezbollah historically has fit in an unusual position in Lebanese politics, being a substantial Shi’ite political party as well as a substantial Shi’ite militia that was centered on resisting Israeli military intervention on Lebanese territory. Those statuses are coming into focus again as Israel ramps up its latest war against Lebanon. Lebanese Prime Minister Nawaf […]