Russian Malware Infecting U.S. Energy Grid

The New American
July 7, 2014
Russian Malware Infecting U.S. Energy Grid
An alert from software giant Symantec on Monday announced an “ongoing campaign” by Russia-based cyber-terrorists who have changed their focus from espionage to sabotage. Their primary targets are energy companies using oil and natural gas to provide electrical power to the national grid.
The infections are so powerful that not only can they disrupt internal messaging and controls but they can also disrupt the operations of the physical power plants and pipelines, according to Symantec:
An ongoing cyberespionage campaign against a range of targets, mainly in the energy sector, gave attackers the ability to mount sabotage operations against their victims
The attackers, known to Symantec as Dragonfly, managed to compromise a number of strategically important organizations for spying purposes and … could have caused damage or disruption to energy supplies in [the] affected countries.
The attacks emanating from Russia target not only the United States but Spain, France, Italy, Germany, Turkey, and Poland, but they are focused primarily on the United States and Spain.
Symantec said that Dragonfly is no small group of weekend hackers, either: "The Dragonfly group is technically adept and able to think strategically … the group found a “soft underbelly” … invariably smaller, less protected companies."
According to Symantec, this is a government-sponsored operation: "The Dragonfly group is well-resourced with a range of malware tools at its disposal and is capable of launching attacks through a number of different [malware protocols]."
Eric Chien, the chief researcher for Symantec, is frightened over the implications of its discoveries: "When they do have that type of access, that motivation wouldn’t be [just] for espionage. When we look at where they’re at, we’re very concerned about sabotage."
Dragonfly has already had success in infecting “industrial control systems” (ICS) equipment providers by using “software with a remote access type Trojan.” Once installed, the software handed off control of physical plant operations to the saboteurs in Russia:
[The Trojan] caused companies to install the malware when downloading software updates [to their] computers running ICS equipment.
These infections not only gave the attackers a beachhead in the targeted organizations’ networks but also gave them the means to mount sabotage operations.
In trying to decipher the attacks for laymen reading their chilling report, it compared the Trojan malware to Stuxnet, the computer worm that targeted Iran’s nuclear power plant’s fast-spinning centrifuges. It resulted in nearly one-fifth of Iran’s nuclear centrifuges spinning out of control, destroying themselves as a result. The big difference is that Stuxnet was focused on a very narrow target, while the latest expansion now targets entire power grids across the country and around the world.

THE ALMIGHTY DOLLAR IS IN PERIL AS THE GLOBAL ‘DE-DOLLARIZATION’ TREND ACCELERATES

The Economic Collapse
July 7, 2014
Image Credits: Public domain


As the Obama administration continues to alienate almost everyone else around the entire planet, an increasing number of prominent international voices are starting to question why the U.S. dollar should be so overwhelmingly dominant in global trade.  In previous articles, I have discussed Russia’s “de-dollarization strategy” and the fact that Gazprom is now asking their large customers to start paying in currencies other than the dollar.  But this is not just a story about Russia any longer.  As you will read about below, China and South Korea have just signed a major agreement to facilitate trade with one another using their own national currencies, and even prominent French officials are now talking about the need to use the dollar less and the euro more.  John Williams of shadowstats.com recently said that things have never “been more negative” for the U.S. dollar, and he was right on the mark.  The power of the almighty dollar has allowed all of us living in the United States to enjoy an extremely high standard of living for decades, but as that power now fades it is going to have profound implications for the U.S. economy.  In future years the value of the dollar will go down substantially, all of the imported goods filling our stores will become much more expensive, and it is going to cost the federal government a lot more to borrow money.  Unfortunately, with the stock market hitting all-time record highs and with the mainstream media endlessly touting an “economic recovery”, most Americans are not paying any attention to these things.
French oil giant Total is one of the largest energy companies in the entire world.  On Saturday, Total’s CEO made an absolutely stunning statement.  According to Reuters, he told reporters that there “is no reason to pay for oil in dollars”…
“Doing without the (U.S.) dollar, that wouldn’t be realistic, but it would be good if the euro was used more,” he told reporters.
Read the entire article 

Beijing, Seoul agree to direct trade in national currencies

Voice of Russia
July 7, 2014


Beijing, Seoul agree to direct trade in national currencies

China designated a clearing bank in Seoul for yuan transactions in South Korea on Friday, coinciding with a visit by President Xi Jinping, as Beijing promotes greater use of its currency overseas, AFP reports.

China's central bank has authorised the Bank of Communications, the country's fifth largest lender, to undertake yuan clearing business in the South Korean capital, the People's Bank of China (PBoC) said in a statement.
The announcement came as Chinese President Xi Jinping wrapped up a state visit to South Korea on Friday. China is seeking to make the yuan - also known as the renminbi - used more internationally in keeping with the country's status as the world's second biggest economy behind the United States.
A joint communique endorsed Thursday by Xi and his South Korean counterpart Park Geun-Hye also pledged to strengthen efforts to launch direct trading between the yuan and the won.
Read more: http://voiceofrussia.com/news/2014_07_04/Beijing-Seoul-agree-to-direct-trade-in-national-currencies-4477/

BREAKING: Texas and California Militia Unite to Defend the Border

July 6, 2014

The lack of action on border security from the Obama administration has prompted a wide variety of responses. State officials close to the situation in Texas and Arizonahave called for federal assistance but have received little response, leaving them to do what they can with their own resources.
Civilian protestors have coordinated to challenge thetransportation of illegal immigrants throughout the country by Department of Homeland Security agents. Other civilians, organized into militia groups, have moved troops to Arizona and Texas to assist in closing a border that the federal government seems content to leave open despite the growing violence.
Now California militia members have united with their comrades in Texas to support state efforts, challenge Obama’s apathy, and assist in securing the nation’s southern border.
From Fox News:
Free Republic founder Jim Robinson posted this on the popular conservative internet forum on Friday evening.
We have independent units from the Bolinas Border Patrol and the Central Valley Citizens militia joining forces with independent citizens militia units of Texas to defend our southern border in Texas, to protest Obama’s lawless open borders policies and to rally support for Governor Perry to officially call out Guard units and Texas militia units at his disposal to defend the border!! Lawsuits will not cut it. The invasion is happening now. Action must be taken NOW!!
Lawsuits have indeed been threatened, and more will no doubt come as this president and his administration continue to ignore their duty, trample on therights of Americans, and flout both the law and the Constitution.
Under the guise of humanitarianism, Obama is cynically using the hopes of tens of thousands of immigrants for his own personal gain, despite the dire consequences for them and for his own citizens.
Closing the border with civilian militia may not be the optimal manner in which to address the growing border crisis. But it certainly tops the alternative which, from the Washington Obamacrats, appears to be nothing.

Hamas militants give armed press conference, warn Israel

RT News
July 4, 2014



Hamas' military wing has threatened Israel with more strikes if it 'continues to wage war in the region' as border tension rises. "Any foolish move the Israeli leadership makes will put Israeli towns in the range of our rockets. We will strike new targets," an Izz ad-Din al-Qassam spokesman said. (Turn captions on) FULL TEXT:


"We promise that one stupid move your leaders make will constitute sufficient ground to turn all of your towns, even those you wouldn't expect, into targets and burning cinders.

Israel may initiate the escalation, but it doesn't know how it will continue and how it will end.

he treats the occupiers issue, and the allusions to war against Gaza have no meaning, other than drawing the hour of vengeance and lesson-learning closer."

RT LIVE http://rt.com/on-air

Being young increases your odds of being unemployed in the US: 40 percent of unemployed workers are Millennials. The long-term impact of young unemployment.

MyBudget360
July 5, 2014

Young Americans continue to carry a heavy burden brought on by the Great Recession. A recent analysis conducted on US Census data found that 40 percent of unemployed workers are Millennials. Many young workers are simply trying to start their careers and each year that passes is a year where retirement planning is delayed, savings are put on the shelf, and the machinery of spending is put on ice. Young Americans are a key spending demographic. Many will look to purchase their first home. Many are out in the market to purchase cars. Vacations and spending are common characteristics of this group assuming they have the money to spend. Unfortunately with such a large portion of our unemployed coming from the young, we are seeing new demographic trends hitting the market. The housing market is seeing a smaller number of first time home buyers in spite of very low mortgage interest rates. Many are saddled with back breaking levels of student debt and default rates are highest among this debt class. In the US, being young increases your odds of being unemployed.
Young and unemployed
The Great Recession has had a far reaching impact on all age cohorts. But it is undeniable that the impact it has had on young Americans has been disproportionately large. So it should not come as a surprise that Millennials make up the bulk of those currently unemployed in the US:
“(MarketWatch) Some 40% of unemployed workers are millennials, according to an analysis of U.S. Census data by the Georgetown University Center on Education and the Workforce released to MarketWatch, greater than Generation X (37%) and baby boomers (23%). That equates to 4.6 million unemployed millennials — 2 million long-term — 4.2 million unemployed Xers and 2.5 million jobless baby boomers.”
Generation X isn’t fairing so much better either making up 37 percent of the unemployed:
share of boomers
Young Americans are very likely going to see a decline in their standard of living relative to that of their parents. Keep in mind that many older Americans are fully unprepared for retirement so we are looking at those financially unprepared to those with absolutely no savings. The end result is that economic struggles continue to impact the country.
At the core, we are facing an unemployment crisis of the young. Many are giving up and simply taking on low wage jobs if they can find one to pay the bills. We continue to tout that we have a record level of college educated Americans but then we see stats showing that only 27 percent of college grads work in fields that relate to their degree:
college degree
When you are paying the current sticker price for college, you should expect better results.
Young and unemployed impacting housing market
This is a bigger issue because many young workers are also first in line to purchase homes. Purchased homes usually need to be filled with furniture and other consumer items (i.e., fridges, ovens, sofas, etc). You also need to build those homes which means jobs for construction, plumbing, and all the other ancillary services that go into putting together a property. Because young Americans are having such a tough time, first time home buyers are not leading the charge in a housing recovery:
first time home buyers
Where is the housing recovery here? Investors are buying in droves but regular families are not buying at a historical rate. Until young workers have steadier work and healthier paychecks, expect to see this trend continue.
Having this many young Americans unemployed is not good. We need to remember that 70 percent of our economy is built on consumption and because of life stages, young Americans will spend more if they can do so. Those entering retirement age simply spend less (i.e., they might already own their home, no need for large purchases, shifting spending to healthcare, etc). The longer this goes on, the harder it will be to reset the timing on this big cohort of Americans.
We have yet to see a steady healthy growth of good paying jobs for Americans. And when the young make up the bulk of your unemployed, you know you will have problems down the road.

Tarpley discusses duplicitous US role regarding ISIS in Iraq

Tarpley.Net
July 4, 2014


Webster Tarpley on Press TV
More US duplicity on ISIS: NATO/Saudi-Backed "Caliphate" is portrayed by State Department as apocalyptic, but no real countermeasures until Maliki quits -- fraud is obvious -- and are US troops there to defend Iraq's legal government, or to organize a pro-Allawi coup d'etat?