The New Housing Bubble Just Began

Think you know why stocks and housing are booming? No, it’s not low interest rates and strong employment. It’s because the top three American banks by assets all just introduced new products aimed at providing riskier mortgages. It’s housing bubble 2.0.

Putin: US anti-missile defence puts Europe in the crosshairs

During a visit to Greece intended to repair ties with the EU, Vladimir Putin said that Russia has “no choice” but to target Romania, which has recently opened a NATO missile defense base, and Poland, which plans to do so within two years.

Could military ‘invisibility cloaks’ be legal in war?

Harry Potter’s invisibility cloak remains the stuff of fiction but scientists in the United Kingdom say they’ve found a different method of making things disappear. Using lasers and crystals the researchers say they can make tiny objects, nano-structures, disappear for less than a million, millionth of a second.

A Look at China’s Unusual Default Excuses

Chinese defaults are on the rise and so is the list of unusual excuses used by firms for missing payments. Bloomberg’s Tom Mackenzie reports on “First Up.”

Over 8 million people displaced by war in 2015

A global report on internal displacement shows the number of people forced from their homes has doubled in 15 years. The report was compiled by the Internal Displacement Monitoring Centre, which is part of the Norwegian Refugee Council. Watch the video to learn more.

Panama Papers: Tax Haven or Hell?

Pete Bennett & Sebastian Pacher go underground on offshore banking & the Panama Papers. They’ve had more revelations today of the people who’ve got their money chillin’ on a beach somewhere in South America. But is it Tax Haven Or Hell?

World War 2 in Numbers: Price for the Peace

Decades after the end of the deadliest war in history many people don’t know what price was paid for the peace. Here’s a video to see the shocking numbers.

A Simple Solution to the World’s Debt Problem

The world’s biggest and most complicated problem is the growing devaluation of currencies and increasing amount of debt. This week, Ivan Lo shares his simple solution to the problem of the devaluation loop.

New vaccine scandal hits Chinese drug industry

China does not have a good record when it comes to food and drug safety. A new vaccine scandal is fueling both anger and suspicion from parents that the government is not doing enough to control drug scandals. Al Jazeera’s Florence Looi reports from Beijing.

Why Vancouver Housing is So Expensive and Why Oil Could Climb to $100

The world is flush with debt which could spark the next financial crisis. Meanwhile, proxy wars are coming. Here’s a look at why these two events could lead to mass suicides and dead bodies. And why oil could climb to $100.

Turkey might be gearing up for invasion of Syria – Russian Defense Ministry

Developments on the Turkish-Syrian border give serious grounds to suspect that Ankara is planning a military invasion in Syria, the Russian Defense Ministry said.

Too Big to Fail Is Still Very Much Alive. Here’s Why

Banks are even bigger today than they were in 2008 when they were already … “too big to fail”. Has anything changed? Watch as Bloomberg’s Yalman Onaran explains.