(Source: Yahoo) – Arab foreign ministers meeting in Egypt agreed a draft resolution on Thursday to form a unified military force, in a move aimed at countering growing regional security threats.
The agreement came after warplanes from Saudi Arabia and Arab allies struck Shi’ite Muslim rebels in Yemen on Thursday, in an effort to check Iranian influence in their backyard without direct military backing from Washington.
(Source: RT) – Four US A-10 Thunderbolt II attack planes are taking part in war games in Poland, as the nation expects about 10,000 NATO forces at drills this year. Moscow says the military build-up at Russia’s borders will have a negative long-term impact.
The A-10 aircraft are based in western Poland, at an airbase in Powidz, where they will be involved in a series of training missions until Friday, Polish army spokesman Artur Golawski said, as cited by Reuters.
(Source: Alt-Market) – In the previous installments of this series, we discussed the hidden and often unspoken crisis brewing within the employment market, as well as in personal debt. The primary consequence being a collapse in overall consumer demand, something which we are at this very moment witnessing in the macro-picture of the fiscal situation around the world. Lack of real production and lack of sustainable employment options result in a lack of savings, an over-dependency on debt and welfare, the destruction of grass-roots entrepreneurship, a conflated and disingenuous representation of gross domestic product, and ultimately an economic system devoid of structural integrity — a hollow shell of a system, vulnerable to even the slightest shocks.