Saturday, 6 August 2011

A New Historic Low
S&P Downgrades U.S. Credit Rating for First Time

By Zachary A. Goldfarb

Lowering the nation’s rating one-notch below AAA, the credit rating company said “political brinkmanship” in the debate over the debt had made the U.S. government’s ability to manage its finances “less stable, less effective and less predictable.” Continue


America In Decline

By Noam Chomsky

What remains of political democracy has been undermined further as both parties have turned to auctioning congressional leadership positions. Continue


NATO Plans Campaign in Syria
Tightens Noose Around Iran


By RIA Novosti

NATO is planning a military campaign against Syria to help overthrow the regime of President Bashar al-Assad with a long-reaching goal of preparing a beachhead for an attack on Iran, Russia's envoy to NATO Dmitry Rogozin said. Continue