Opec under siege as ISIL threatens world’s oil lifeline

Thick black smoke rising from the Baiji oil refinery could be seen as a dirty smudge on the horizon as far away as Baghdad after fighters from the Islamic State of Iraq and the Levant (ISIL) set fire to the enormous processing plant just over 100 miles north of the capital last week.

The world is drowning in debt, warns Goldman Sachs

The world is sinking under too much debt and an aging global population means countries’ debt piles are in danger of growing out of control, the European chief executive of Goldman Sachs Asset Management has warned.

U.S. bombers hold fire on Islamic State targets amid ground intel blackout

Nearly 75 percent of U.S. bombing runs targeting the Islamic State in Iraq and Syria returned to base without firing any weapons in the first four months of 2015, holding their fire mainly because of a lack of ground intelligence and raising questions about President Obama’s key tactic in pushing back an enemy that continues to expand its territory in the war zone.

NATO and Russia Stage Rival Air Combat Exercises

Russian President Vladimir Putin has ordered the third major Russian military exercise over the past three months in response to six-member states of NATO beginning military exercises this week over the Arctic.

Russia Masses Heavy Firepower on Border with Ukraine

Russia’s army is massing troops and hundreds of pieces of weaponry including mobile rocket launchers, tanks and artillery at a makeshift base near the border with Ukraine, a Reuters reporter saw this week.

Iran Declares ‘Successful’ Negotiations with Russia on S-300 System

Moscow and Tehran have concluded negotiations on the delivery of the Russia’s long-range S-300 surface-to-air missile system to Iran, which should take place “within a short period,” said Iranian Deputy Minister Hossein Amir Abdollahian, on a visit in Moscow on Monday.

Ireland Backs Gay Marriage in Landslide Vote

Ireland’s referendum saw 62.1 percent of Irish voters say “yes” to changing the nation’s constitution to define marriage as a union between two people regardless of their sex. With the move, Ireland became the first country in the world to approve gay marriage in a popular national vote. Nineteen other countries, including most U.S. states, have legalized the practice through their legislatures and courts.

ISIS Now Controls 50 Percent of Syria

After seizing Palmyra on May 20, the Islamic State (ISIS) now controls 50 percent of Syria, according to the Syrian Observatory for Human Rights.

Thousands from Around the World Join ISIS

Between 16,000 and 17,000, according to one independent Western estimate, men and a small number of women from 90 countries or more who have streamed to Syria and Iraq to wage Muslim holy war for the Islamic State.

Russia Says It Can Deploy Nuclear Arms to Crimea

Russia’s envoy to the NATO alliance said on Friday that Moscow will bolster military forces in occupied Ukraine, and is not banned from deploying nuclear arms in Crimea.

Saudis Threatened by Iran, Promises to Start a Nuclear Weapons Program of its Own

When President Obama began making the case for a deal with Iran that would delay its ability to assemble an atomic weapon, his first argument was that a nuclear-armed Iran would set off a “free-for-all” of proliferation in the Arab world. “It is almost certain that other players in the region would feel it necessary to get their own nuclear weapons,” he said in 2012, the New York Times reported.

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