Ukrainian sabotage-op middleman arrested in Russia – FSB

The suspect was allegedly paid to get others to set fire to railway equipment across the country An alleged middleman said to have been paid by Ukrainian special services to recruit others for acts of sabotage has been taken into custody, the Russian FSB security service reported on Thursday. He stands accused of organizing 15…

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Over 2,000 US banks are insolvent – Telegraph

Almost half of the 4,800 banks in the US are nearly insolvent, as they have burned through their capital buffers, The Telegraph reported earlier this week, citing a group of banking experts. According to Professor Amit Seru, a banking expert at Stanford University, around half of US lenders are underwater.

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Italy suffers surge in price of signature staple

The price of pasta in Italy has been soaring over the past two months, forcing the government to hold an emergency meeting this week to decide whether a price cap or other state intervention is necessary.

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