Sunday 8 July 2012

Spain's 15m celebrates as head of Bankia faces criminal charges


Rodrigo Rato, former head of Bankia and former IMF chief is facing criminal fraud accusations related to the downfall of Bankia.
Rodrigo Rato was a member of the ruling party, PP (Partido Popular) in Spain, he was also formerly chief of the International Monetary Fund (IMF), and finally he was head of Bankia, a banking giant which is at the center of Spain's economic catastrophe.
Now members of the 15m movement are celebrating a major victory, as the country's high court opens a fraud case against the former head of Spain's largest mortgage lender, Bankia. The bank is currently seeking as much as 23.5 billion euros ($29 billion) in bail-out money.... read more and watch video.

Running of the Bulls in Pamplona, Spain 2012 (video)


So far, six people have been injured in this year's San Fermin festival - more commonly known as the Running of the Bulls. The festival started yesterday and runs until July 14.
Every year between July 7 and 14, pandemonium rules in Pamplona, Spain, as bulls run through the streets, and people run with them. This year the bulls belong to the Dolores Aguirre breeding ranch.
The San Fermin festival dates back to medieval times, but only became popular worldwide after Ernest Hemingway published his novel "The Sun Also Rises". Hemingway was a great fan of Spain, and wrote the book about a group of British and American ex-pats, who traveled from Paris to Pamplona to watch the running of the bulls... read more and watch video of the event.

150 dead in Russia's floods — 6 months' rain in two days


Digital Journal reported yesterday on the floods in Russia, which at that stage had taken 87 lives.

Russia's almost tsunami-like floods have taken the lives of 150 people and devastated the area. The floods are the worst in nearly a century and the death toll continues to climb.
Officials calculated that up to 12,000 people have been affected by this disaster and a state of emergency has been declared in Gelendzhik, Krymsk and Novorossiysk.
So far, 139 bodies have been recovered in Krymsk, a further nine in Gelendzhik and two in Novorossiysk. Over 130 people are currently in hospital with injuries caused by the flooding, including 14 children.
The flooding occurred in the aftermath of a giant storm that hit Krasnodar, which dropped almost six months' worth of rain on the region in just over two days... read more and watch videos.

Video: 'Attack on Iran after Syria falls major goal of the West'


RT interviews Patrick Henningsen, a Mideast analyst and editor at infowars.com on the current situation in Syria, and how international peace efforts have not succeeded
In an interview published on Saturday, the UN's special envoy to Syria, Kofi Annan, said in Beirut that international peace efforts have not succeeded. This is partly as a result of divisions between the world powers.
This statement came a day after U.S. Secretary of State, Hilary Clinton, said that Russia and China will pay a price for allegedly supporting Assad. Clinton, speaking at the Friends of Syria conference in Paris, called on Russia and China to "get off the sidelines" and accused them of "standing up for" al-Assad's regime... read more and watch video.

Video interview: Monsanto's history marred by scandal


RT America produced an interview show between Elizabeth Wahl and Abby Martin, discussing the scandalous history of the agro-giant Monsanto.
Elizabeth Wahl is a studio anchor and correspondent at RT's Washington, DC bureau.
In the video above, she interviews a fellow studio anchor and correspondent, Abby Martin on the subject of Monsanto, GMOs, food and health... read more and watch video.