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Thought for the day
"It has become apparent that whole masses of human population are, as a whole, inferior in their claim upon the future, to other masses, that they cannot be given opportunities or trusted with power as the superior peoples are trusted, that their characteristic weaknesses are contagious and detrimental to the civilizing fabric, and that their range of incapacity tempts and demoralizes the strong. To give them equality is to sink to their level, to protect and cherish them is to be swamped in their fecundity. " -- H.G. Wells' in "Anticipations of the Reaction of Mechanical and Scientific Progress upon Human Life and Thought" 1901
It’s only fitting that literally hours after the most clueless dwarf in capital markets history, Janet “No crisis in my lifetime” Yellen said that financial markets are functioning well, that the Bank of England literally panicked, and shocked markets by resuming unlimited QE.
“We haven’t seen liquidity problems develop in markets — we’re not seeing, to the best of my knowledge, the kind of deleveraging that could signify some financial stability risks,” Yellen said in answering reporters’ questions Tuesday on a trip to North Carolina.
Moscow is warning Washington and London against reckless moves that could push the situation around Ukraine to a dangerous point, Konstantin Gavrilov, head of the Russian delegation at the Vienna talks on military security and arms control, said on Wednesday.
He made the statement in a speech at the plenary session of the OSCE Forum for Security Cooperation.
More than 50 paid employees of global arms companies are working inside the UK’s Ministry of Defence, openDemocracy can reveal, sparking questions about conflicts of interest and national security.
They include nine staffers on long-term secondment from the UK’s biggest weapons manufacturer, BAE Systems, some of whom have been embedded inside the department for years.
Former Swiss intelligence officer and NATO adviser Jacques Baud on the next phase of the Russia-Ukraine war and new allegations that the US and UK undermined a peace deal that could have ended it.
The West’s aim “is not the victory of Ukraine, It’s the defeat of Russia,” Baud says. “The problem is that nobody cares about Ukraine. We have just instrumentalized Ukraine for the purpose of US strategic interests — not even European interests.”
These mugshots from Edwardian Britain depict minors arrested for petty crimes and are part of the Tyne Wear Archives' extensive photographic collection.
Subjects ranged in age starting from 12 years old to 21 years which was the legal age of adulthood. These minors were arrested in the British city of North Shields.