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Well, the Nasdaq finally did it. It has climbed all the way back to where it was at the peak of the dotcom bubble. Back in March 2000, the Nasdaq set an all-time record high of 5,048.62. On Thursday, after all these years, that all-time record was finally eclipsed. The Nasdaq closed at 5056.06, and Wall Street greatly rejoiced. So if you invested in the Nasdaq at the peak of the dotcom bubble, you are just finally breaking even 15 years later. Unfortunately, the truth is that stocks have not been soaring because the U.S. economy is fundamentally strong. Just like the last two times, what we are witnessing is an irrational financial bubble.
Oil prices jumped 3 per cent on Thursday to their highest levels of this year, after Saudi Arabia and its allies maintained a bombing blitz in Yemen that heightened concerns about the security of Middle East oil supplies.
In an alarming new update to its user agreement released this week, PayPal has announced that it will assert copyright ownership over all intellectual property of anyone who uses its payment services. In reality, Facebook’s own terms stated, “You retain the copyright to your content. When you upload your content, you grant us a license to use and display that content.” However, the Paypal update, which copyright lawyers have yet to weigh in on, appears to be a lot more draconian and is sure to cause controversy.
Republican senators pledged on Thursday to try to toughen a bill giving Congress the power to review a nuclear agreement with Iran, raising the possibility of a partisan battle that could complicate the measure’s chances of passing.
One of the uses of high-intensity carbon dioxide lasers is uranium enrichment through separation of isotopes by laser excitation (SILEX). The method was developed in 1990s by an Australia-based company and licensed to the United States Enrichment Corporation. Surely the Iranians wouldn't use an alternative method to produce uranium or try to get it smuggled to them from...
n S-300 missile defense systems is not a matter of the nearest future, TASS news agency quoted a Foreign Ministry official as saying on Thursday. "It is more important that a political and legal decision, which opens up such a possibility, is taken," Sergei Ryabkov, a deputy foreign minister, said according to TASS. Foreign Minister Sergei Lavrov, in a radio interview with Sputnik, tried to downplay the impact of the sale of the S-300 to Iran.
Obama’s amnesty by edict has always been about adding new Democrats to the voter rolls, and recent action by the Department of Homeland Security provides further proof. Sources at the Department of Homeland Security report to PJ Media that the United States Citizenship and Immigration Services is reallocating significant resources away from a computer system — the “Electronic Immigration System” — to sending letters to all 9,000,000 green card holders urging them to naturalize prior to the 2016 election. This effort is part of the DHS “Task Force on New Americans.”
Obama just admitted that the US inadvertently killed an American and an Italian aid worker in Pakistan, presumably by drone strike. What the media is not talking about is the two other Americans who were intentionally killed around the same time. These Americans had no due process, no trial, no conviction. Yes, folks, Obama does plan to and WILL kill Americans. What do you think Jade Helm is for!? It is to acclimate American soldiers to go to war with American citizens on American soil!
Known as the Islamic State Health Service (ISHS), even the acronym appears to be an unimaginative copy of the UK's free health system. Emerging last night on social media, the video's poster shows a cropped image of a doctor, wearing an NHS style blue surgical scrubs, almost identical to images seen on the British healthcare service's leaflets. It is a real danger when a culture sets up its own government within a government. It is happening in the US, too. News Stories refer to muslim men joining ISIS as "Americans". They are not Americans in spirit and some of them may actually be illegal aliens.
Scientists already knew of a large magma chamber under Yellowstone that fed the eruptions 2m, 1.2m and 640,000 years ago. The new study, published in the journal Science, revealed a second, deeper reservoir 4.5 times larger.
Nearly 47 percent of California is under the exceptional drought category, according to this week's U.S. Drought Monitor report. That's a nearly 3-percentage point increase over last week.
Nature's magnificent power was on full display when lightning struck One World Trade Center in New York City during late afternoon storms Wednesday, on Earth Day. The New York City skyline provided the perfect backdrop as a cold front moved through the metro area, producing a few lightning strikes, said weather.com meteorologist Chris Dolce.
Minnesota declared a state of emergency on Thursday over a fast-spreading strain of avian flu that has led to the extermination of more than 7.3 million birds in the country. It followed Wisconsin's action on Monday.
A week before a closely watched U.S. Supreme Court hearing on the issue, public support for gay marriage reached a new high in the latest ABC News/Washington Post poll, with 61 percent of Americans – more than six in 10 for the first time – saying gays and lesbians should be allowed to marry legally.
Okay. Firstly, yes this is a real ad. No, it’s not from SNL or Comedy Central. At first, I thought that it was a joke. I mean, it had to be. Until I went to the Carafem website and saw that they were genuinely presenting an abortion procedure to be as relaxed as a day at the spa. Watch the video for context first. I could not watch this, but had to post it because it shows just how bad it's gotten that women would CELEBRATE their abortions at a spa! God help us!
A potentially explosive decision, proposed by Jordan, in the UN is likely to pass this week. In danger of aggravating existing national and religious tensions in the Old City of Jerusalem, The United Nations body responsible for World Heritage sites (UNESCO) is poised to adopt a proposal condemning and limiting, Jewish and Israeli activity in and around the site of the Temple Mount. Speaking to Tazpit News Agency, Lisa Rahmani, of the “Face of Israel” organization, registered her indignation at the supposed content of the document. “We are outraged with the proposal. It not only violates article 9 of the Israel-Jordan peace treaty, but also article 18 of the universal declaration of human rights, concerning the freedom of religion.”
Hamas claims it was not behind Thursday evening's rocket attack on southern Israel and that it will make efforts to find and arrest those responsible, Israel's Channel 10 News reports.
Iran has sought to take advantage of a discord between the military and political wings of Hamas, with hopes to further expand Tehran’s sphere of influence into the thick of battles between Israel and the Palestinian terrorist group. According to a senior Western intelligence official, Iran’s Revolutionary Guards during the past few months have transferred tens of millions of dollars to Hamas’s Izz al-Din al-Qassam brigades. Intelligence reports show that the funds have been transferred on the direct orders of Qasem Soleimani, the commander of the Revolutionary Guards’ elite Quds Force, who also dedicated an annual budget to finance Hamas’s military operations.
Hamas's crushing victory in the April 22 student council election at Bir Zeit University shows that the Islamist movement continues to maintain a strong presence in the West Bank. Hamas supporters on campus won 26 seats, compared to 16 for their rivals in the Fatah faction, headed by Palestinian Authority (PA) President Mahmoud Abbas. The results of the election mean that Bilal Barghouti, who is serving 16 life terms in prison for his role in a series of suicide attacks against Israel, has become the "Honorary Chairman of the Bir Zeit University Student Council." The Hamas victory came less than 48 hours after its supporters scored a major achievement on another campus: Palestine Polytechnic University in Hebron. There, Hamas supporters won the same number of seats as their rivals in Fatah – a move hailed by leaders of the Islamist movement as a "huge achievement."
‘We’re on the home stretch,’ Likud negotiator says as he urges Jewish Home, Yisrael Beytenu to show flexibility. An agreement with Moshe Kahlon’s Kulanu party is reported to be all but finalized, but securing similar deals with Jewish Home and Yisrael Beytenu continues to present a challenge. Netanyahu and Kahlon reportedly reached an agreement — just before Memorial Day — on Kulanu joining the coalition. Kulanu will receive three ministries: the Finance Ministry, the Construction and Housing Ministry and the Environmental Protection Ministry. The prime minister is also said to have conceded to Kahlon’s demand to shelve legislation that would restrict the powers of the Supreme Court, laws which Kahlon opposes. But a major stumbling block remains in the form of Jewish Home and Shas’s wrangling over the Religious Affairs portfolio.
Biden announced on 23 April that the United States would deliver new F-35 jets to Israel in 2016. The vice president made the announcement during an Israeli Independence Day celebration in Washington DC, Reuters reported. Biden cited the country's relationship with Israel and said the jet was "our finest, making Israel the only country in the Middle East to have this fifth generation aircraft". He said the US would ascertain that Israel maintains its "qualitative edge".
Iranian ships are moving northeast away from Yemen, a U.S. official said on Thursday after a convoy of Iranian cargo ships prompted U.S. concerns that Tehran was sending weapons into the region. The official, speaking on condition of anonymity, called the move a "promising sign" but said the United States would continue to monitor to see if the ships' course continued.
Yemen’s Shiite Houthi rebels have threatened to launch an attack on Saudi Arabia if the bombings in Yemen do not stop. The Zaidi group has sent the warning to Riyadh and demanded that UN-brokered political dialogue be resumed in Yemen. The Houthis “will carry out a military attack on Saudi Arabia, if the airstrikes on Yemen don’t come to an end,” Mohammed Bahiti, member of the Ansar Allah movement, told TV channel Al Mayadeen.
United Nations Syria envoy Staffan De Mistura has invited the Syrian government and opposition groups for separate peace talks in Geneva next month, but no terror groups— such as the Islamic State—will be represented, a U.N. spokesman said Friday.
The plane went down east of Khalkhalah airport, the only air base in Sweida province, a stronghold of the Druze minority that has largely avoided the bloodshed of Syria's war, the Syrian Observatory for Human Rights said. Observatory head Rami Abdel Rahman said the fate of any crew members remains unknown, but pro-ISIS accounts claimed the pilot had been captured.
The Saudi man arrested on suspicion of shooting dead two policemen and injuring two others in separate attacks in Riyadh was acting on instructions from ISIS in Syria, the Interior Ministry said on Friday.
Russia has conducted military anti-landing drills in a Pacific island chain, parts of which are also claimed by Japan, Interfax news agency reported the Russian Defense Ministry as saying on Thursday. “Units were scrambled as part of large-scale anti-landing drills … (they) worked on coastal defense from possible sea or air attacks,” Interfax cited the press service for Russia’s Eastern Military District as saying. Tokyo and Moscow have been involved in a decades-old dispute over islands north of Hokkaido that were seized by Soviet forces at the end of World War II. Their Japanese inhabitants were subsequently evicted. Russia, China, North Korea and Iran have formed an alliance which they are preparing for a strike on the US and its allies. The Europeans already understand they are in Russia's crosshairs. Now Russia is poking at Japan who is hated by China, too. When WW3 begins, it won't be in stages like WW2. It will happen everywhere at once. The evil axis folks are setting the stage!