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Three Wall Street Mega Banks Hold $157.3 Trillion in Derivatives – That’s $56.7 Trillion More than the Entire World’s GDP Last Year (wallstreetonparade.com)

At recent Congressional hearings on federal bank regulators’ newly proposed rules to force the largest banks in the U.S. to hold more capital against their riskiest trading positions (so that taxpayers aren’t on the hook for more bailouts), the banks and their sycophants holding Senate and House seats made it sound like...

Italy detains three boats - for the crime of saving hundreds of refugees' lives (www.thecanary.co)

In the space of 48 hours, Italy’s authorities detained three refugee rescue vessels which had just saved hundreds of lives. The news comes as Italy’s far-right government has been cracking down on both refugees and those protecting them – amid over 2,000 people dying in the crossing....

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