Thought for the day

"Organized Christianity has probably done more to retard the ideals that were its founder's than any other agency in the world." -- Richard Le Gallienne

The US stands to benefit economically from the attack on the Nord Stream gas pipelines and has a record of targeting energy infrastructure with sabotage operations, the head of Russia’s Security Council said.

“Pretty much from the first minutes after the news of the explosions broke … the West launched an active campaign for assigning blame. But it is obvious that the primary beneficiary, first of all in the economic sense, was the US,” Nikolay Patrushev said on Friday.

Today on CrossTalk News, we detail the proof that the USA is responsible for the sabotaging of the Nordstream pipelines and name the specific ship and navy demolition team responsible for this debilitating and traitorous act of terrorism against NATO ally Germany.

All this and more, on today's CrossTalk News...

Russia has stated that pipeline leaks emitting natural gas into the sea are the result of state-sponsored terrorism.

The European Union is investigating the cause of the leaks in the Gazprom-led Nord Stream 1 and 2 pipelines under the Baltic Sea and has said it suspects sabotage.

“This looks like some kind of terrorist act, possibly at the state level,” Kremlin spokesman Dmitry Peskov told reporters, according to TASS news.

“This is an extremely dangerous situation that requires urgent investigation,” he stressed.

The Biden administration quietly announced a change in its student debt forgiveness program on Thursday that could exclude up to 4 million borrowers with loans owned or backed by private companies.

The u-turn by the federal government comes after the first legal challenges were filed to the policy and following criticism of the huge costs to taxpayers. Critics also claimed the plan is an illegal use of President Joe Biden's executive power.

The U.S. economy was even weaker in the first half of the year than previously thought, data from the Commerce Department indicated on Thursday.

Gross Domestic Product contracted by 1.6 percent in the first three months of 2022 and by 0.6 percent in the April through June quarter, meaning the economy shrank for two consecutive quarters.

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The Yemeni government said Thursday it has signed a deal worth $200 million with Saudi Arabia to provide fuel to war-torn Yemen.

Under the deal, the Saudi Development and Reconstruction Program for Yemen (SDRPY) will provide 250,000 metric tons of oil derivatives to Yemen, the state news agency Saba reported.

Saba said the deal will help increase the capabilities of Yemeni government institutions and the stability of electric power in various government and private institutions and the industrial sector.

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.

New York’s Governor Kathy Hochul announced Thursday there will be “no more excuses” not to buy an electric vehicle after directing the State Department of Environmental Conservation to take significant action to accelerate the state’s transition to clean transportation to protect the environment.