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Standard Chartered: Oil poised to plunge to $10 a barrel

From Newsmax One bearish investment bank now warns that the price of oil may continue to plunge until it hits $10 a barrel. Standard Chartered became the latest major bank to downgrade its oil outlook, predicting crude will tumble to $10….

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China’s market crashes, sets off panic selling in Europe, US

From Newsmax Financial markets are starting 2016 in turmoil as a rout in China rekindled concern that slowing growth there will spread, while tension between Saudi Arabia and Iran added to geopolitical unease. Global equities crumbled toward the worst opening…

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Deal Reached on Iran Nuclear Program; Limits on Fuel Would Lessen With Time

By Michael R. Gordon and David E. Sanger VIENNA — Iran and a group of six nations led by the United States reached a historic accord on Tuesday to significantly limit Tehran’s nuclear ability for more than a decade in…

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Arab Bank asks judge to scrap terror damages trial

By David Bario, From The Litigation Daily This story has been updated to include a statement from Arab Bank. Three months after they were soundly defeated in the liability phase of a landmark terror financing trial, lawyers for Arab Bank…

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List of countries where sanctions have been imposed by Cayman Islands

From Cayman Islands Monetary Authority SANCTIONS Financial sanctions are imposed to combat terrorist financing, money laundering and development of weapons of mass destruction. The United Nations (“UN”) and European Union (“EU”) are key international bodies that adopt international sanctions measures…

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ISIL should heed Turkey’s sacred and secular geographies

By WN.com Correspondent Dallas Darling It is easy to forget that there are no maps of the world, only maps of worldviews.(1) And even though blind materialism and economic utility seems to reign in many parts of the world, there…

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Report: NSA collects millions of images each day for facial recognition

By Kurt Wagner From Mashable Written and audio messages aren’t the only forms of communication the government appears to be gobbling up. The National Security Agency is collecting “huge numbers” of photos from emails, text messages, social media, videoconferences and…

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NYT: NSA embeds radio transmitters to access offline computers from miles away

By Richard Lawler From engadget [Another] fun NSA revelation comes courtesy of the New York Times, reporting on an agency program to access and alter data on computers that aren’t connected to the internet. Cherry picked from the NSA’s tool…