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Weekly News Wrap-Up 8.1.14

Friday, August 1, 2014 13:24

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(Before It's News)

TND Podcast Spotlight: Greg Hunter’s USAWatchdog.com

Top story is the Israel/Hamas war. Now, even the Pentagon is concerned about civilian deaths as allegations of Israel shelling a U.N. facility housing civilians was hit. Hamas vows to fight on and so does Israel. Hamas wants its borders opened, and Israel wants the rockets and tunnels shut down. I predicted this is going to go on for a while and is looking like it may spark a wider Middle East war. Israel is calling up another 16,000 troops. Meanwhile, Iran’s President Hassan Rouhani is out with new incendiary statements against Israel. He said, “This Festering Zionist Tumor Has Opened Once Again,” when talking about the Israel/Hamas war. Rouhani also said ISIL is “a second festering tumor that murders people in the name of Islam.” Both Israel and the Islamic State in Iraq and Syria are potential hot spots where wider war can and probably will break out.

U.S. and EU sanctions increased this past week because of the crisis in Ukraine. The sanctions are tougher but leave some loopholes, such as the new sanctions do not include Russia’s biggest bank. I do not think this is going to do anything but escalate a financial war, which could turn into a shooting war. Russia is mulling a response. It may include higher prices for oil and natural gas, barring top U.S. and European accounting firms, and targeting U.S. companies doing business in Russia, such as McDonald’s which has 400 stores. I cannot see how this is going to anything but harm an already sick global economy. By the way, NATO continues war games in Poland.

For more on the economy and ebola, click here to read the rest of Greg Hunter’s write-up and to access the active comment section.

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About Greg Hunter:

Greg is the producer and creator of Greg Hunter’s USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. Greg Hunter’s USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows. Greg encurages feedback and welcomes comments. You may also support USAWatchdog.com by clicking here to donate. Reprinted with permission.