AUSTRALIA - Commonwealth Bank of Australia stands accused by the Australian Transaction Reports and Analysis Centre (AUSTRAC) of a stupefying 53,700 violations of money laundering and counter-terrorism-financing laws, in which the financial institution failed to notify in a timely fashion — and, sometimes, not at all — transactions topping a mountainous A$77 million. As the case unfolds, it should be noted, each breach of the act carries a jaw-dropping potential penalty of A$18 million — meaning Commonwealth Bank could be slapped with an astonishing level of fines.
UK - The Church is "abandoning" the poor because middle-class clergy are unwilling to move away from "trendy coffee shops", a bishop has said. The Rt Revd Philip North launched a stinging critique of Church of England priests who are too wedded to wealthy areas to minister to the poor.
UK - Food banks across the country are coming under pressure as children lose access to free school meals during the summer holidays. David McAuley, chief executive of anti-poverty charity The Trussell Trust, has warned that some hubs within the 420-strong network are running dangerously low on supplies. “Rising demand in the summer holidays as families struggle to get by without free school meals” is at the root of the problem, he said. The Trussell Trust handed out 4,412 more three-day emergency food parcels for children during July and August last year than in the previous two months. Around one million children currently receive free school meals during term time.
USA - For the first time in Harvard University’s history, the majority of students accepted into the incoming freshman class are not white, a milestone for an institution that prides itself on educating future presidents, CEOs, and world leaders. But Harvard’s push to broaden the diversity of its student ranks comes as the Trump administration intensifies its focus on affirmative action policies and suggests it will investigate how colleges shape the racial makeup of their campuses. The US Justice Department is preparing to redirect resources from its civil rights division toward investigating and suing universities over affirmative action admissions policies deemed to discriminate against white applicants, The New York Times reported this week.
USA - YouTube, which is owned by Google, is placing restrictions on videos that comply with its official policies but which it feels are contrary to political correctness. These restrictions range from denying advertising revenue, preventing sharing, and making them difficult to find in searches. The ‘experts’ who will set the limits of political correctness include the Anti-Defamation League (ADL), which publishes a so-called hate list that focuses on conservative, and the Institute for Strategic Dialogue, which collaborated with the Swedish government to block 14,000 Twitter users over so-called hate speech because they opposed the government’s immigration policies.
USA - The Dow hit the 22,000 mark for the first time ever on Wednesday, and investors all over the world greatly celebrated. And without a doubt this is an exceedingly important moment, because I think that this is a milestone that we will be remembering for a very long time. So far this year the Dow is up over 11 percent, and it has now tripled in value since hitting a low in March 2009. It has been quite a ride, and if you would have told me a couple of years ago that the Dow would be hitting 22,000 in August 2017 I probably would have laughed at you.
RUSSIA - The US establishment has fully outwitted Donald Trump and used his administration’s weakness to declare a fully-fledged economic war on Russia, Prime Minister Dmitry Medvedev has said, adding, that the move leaves no doubt that bilateral ties will never improve. On Wednesday, Donald Trump signed into law a bill imposing new sanctions on Russia, which Medvedev says has put an end to “hopes for improving our relations with the new US administration.” “It is a declaration of a full-fledged economic war on Russia,” he wrote in a lengthy strong-worded Facebook post in both English and Russian. “Unless a miracle happens,” the law will affect US-Russian relations for decades, Medvedev wrote.
GERMANY - Writing after the latest deadly knife attack by an Islamist migrant who, it has been revealed, was known to authorities, veteran journalist Dirk Schümer has said Germany’s ‘culture of tolerance’ leaves the nation defenceless against those who would do it harm.
GERMANY - Deutsche Bank issues staggering warning on German economy. Germany's economy is at risk of overheating and burning out as deceptive indicators mask worrying threats, the country's biggest lender has warned. The news came as Germany's second biggest bank Commerzbank recorded massive losses of more than 400 million euros yesterday. The catastrophic loss, which equates to £363 million, is a huge reversal of last year’s €380 million profit.
USA - A powerful corrosion inhibitor chemical used in wood stove boilers is also deliberately added to most processed meats in the United States, a Natural News investigation has found. Dozens of popular brands of hot dogs, bacon, sausage, lunch meat, sandwich ham and cured meats are sold in grocery stores across America that carry the rust inhibitor chemical known as sodium nitrite.
GERMANY - US President Donald Trump poses a risk both to his own country and the rest of the world, the German Social Democrats’ candidate for chancellor, Martin Schulz, said, also accusing the Republican leader of oversimplifying complex political issues.
MIDDLE EAST - China’s Supreme Procurator commanded battleships docked at China’s new navy base in Djibouti to “take necessary measures to stop” the encroachment of Japanese frogmen and to “exercise self-defence rights” as the divers approached, the South China Morning Post reported Wednesday.
USA - You can either follow the herd or you can decide to find your own path. One of the things that greatly frustrates me is that so many Americans allow other people to do their thinking for them. We have become a nation of sheeple, and the vast majority of the shepherds that we are relying on for guidance are frauds and imposters. The blind are leading the blind, and we are slowly but surely committing national suicide. If a lot more of us don’t start to learn to think for ourselves, I fear that the vast majority of the population will never wake up until it is far too late.
USA - In a private, off-the-record conversation with congressional interns on Monday, Jared Kushner said he was not sure the Trump administration could offer anything “unique” to solve the Israeli Palestinian conflict and praised Israel’s handling of a recent crisis over the Temple Mount.
CHINA - China has hit back at Donald Trump over North Korea, with a top official blaming Washington and Pyongyang for raising tensions, while state media warned the US not to “stab China in the back”. The US president said in two angry tweets at the weekend that he was “very disappointed” with China and that he would no longer allow Beijing to “do nothing” over North Korea.
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The views expressed in this section are not our own, unless specifically stated, but are provided to highlight what may prove to be prophetically relevant material appearing in the media.