“SPIKE IN DEFAULTS”: STANDARD & POOR’S GETS GLOOMY, BLAMES FED

Credit rating agencies, such as Standard & Poor’s, are not known for early warnings. They’re mired in conflicts of interest and reluctant to cut ratings for fear of losing clients. When they finally do warn, it’s late and it’s feeble, and the problem is already here and it’s big.

So Standard & Poor’s, via a report by S&P Capital IQ, just warned about US corporate borrowers’ average credit rating, which at “BB,” and thus in junk territory, hit a record low, even “below the average we recorded in the aftermath of the 2008-2009 credit crisis.”

The one-year average default rate for US companies with a credit rating of B- is 9.8%, according to Standard & Poor’s. That’s a 1-in-10 chance that the company will default over the next 12 months. Companies getting downgraded deep into junk and issuing more low-grade bonds are precursors to soaring defaults

http://www.infowars.com/spike-in-defaults-standard-poors-gets-gloomy-blames-fed/

 

Leaked Emails Prove Coca-Cola Was Paying for Propaganda Promoting Sugary Drinks

In August of this year, The New York Times reported that Coca Cola had financial ties to the research group Global Energy Balance Network, which is made up of university researchers. The company provided the group with $1.5 million in research funding, $1 million of which went to the University of Colorado where group president, James O. Hill, is a professor.

Further investigations found that the beverage company helped pick the group’s leaders, draft its mission statement, and design its website. The research group argues that Americans are too fixated on calories and diet and should be more concerned about exercise – shifting focus away from Coca-Cola’s contribution to this nation’s ill health.

The emails reveal that Sense About Science, run by Simon Singh, had been given donations of £20,000. GEBN promotes the idea that lack of exercise, not sugary drinks and colas, is the primary cause of obesity.

Read more: http://naturalsociety.com/leaked-emails-coca-cola-propaganda-soda/#ixzz3uR5uMllt
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US Government Spies on EU Companies to Control European Industries

US espionage activities are designed to reinforce American interests and control European politicians and industry, the former official claimed.

The key understanding of the NSA mission profile lies in US national economic interests. The main objective of US intelligence activities is no longer “national security” as it was before 9/11, but economic and industrial espionage against Europe, Polli said.

Read more: http://sputniknews.com/europe/20150801/1025306272.html#ixzz3hg4RkDCt