MOSCOW (Reuters) - Russian security forces killed two suspected militants in the North Caucasus during a night-time sweep in the region plagued by an Islamist insurgency, investigators said on Tuesday.

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UK prime minister, David Cameron, promised to hold a referendum on whether Great Britain should remain in the EU, but only on two conditions. The first condition, that Cameron be re-elected as prime minister is iffy enough. The second condition, that Cameron renegotiate the Lisbon Treaty, I said would never happen. And it won't. German Chancellor Angela Merkel sealed the fate on that score as Berlin plans to streamline EU but avoid wholesale treaty change. Berlin is drawing up plans for

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``In 2011, Wells Fargo agreed to compensate up to 10,000 borrowers after the Federal Reserve found the bank was steering them into subprime loans even though they qualified for better mortgages. But no borrowers have received money yet. Last year, Bank of America agreed to pay some borrowers between $1,000 and $5,000 for what the Justice Department called lending discrimination. The agency said the bank illegally asked some would-be home buyers who relied on disability income to provide a doctor's letter verifying the severity of their ailment. But it's still unclear how many people will

``These investment firms are acquiring vast quantities of homes, fixing them up, and then marketing them as rentals. They arrive at auctions or home sales bearing cash, which gives them a competitive edge on millions of ordinary would-be buyers like the Gilbertsons, who must finance their purchase using borrowed money. These cash buyers are also more likely to pay above asking price, local brokers say, which is contributing to the overall price increase. One company, Invitation Homes, funded by the hedge fund Blackstone, has over the past year spent $4.5 billion to purchase about 25,000

``The nation's biggest bank will have to face allegations by Dexia, which says it lost hundreds of millions of dollars after buying $1.6 billion in residential mortgage-backed securities from JPMorgan Chase, Judge Jed Rakoff of the U.S. District Court in Manhattan ruled Friday.''

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``The legislation passed despite critics' concerns that the bill imposes overly stringent requirements on the agency, which could slow implementation of the Dodd-Frank law. The White House Office of Management and Budget issued a statement earlier this week warning that its procedures were "onerous."''

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``First milk, butter, coffee and cornmeal ran short. Now Venezuela is running out of the most basic of necessities , toilet paper.''

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WASHINGTON (Reuters) - A Senate panel will try on Tuesday to pry more details out of current and former officials of the Internal Revenue Service about the agency's targeting of conservative groups for extra scrutiny when they sought tax-exempt status.

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WASHINGTON (Reuters) - With the White House already reeling from three major controversies, some Republican lawmakers are zeroing in on what they perceive is another possible scandal tied to President Barack Obama's landmark health reform law just as it nears implementation.

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JERUSALEM (Reuters) - Israeli troops shot at a target across the Syrian frontier on Tuesday in response to gunfire that struck its forces in the Golan Heights, the Israeli military said.

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Today Egon von Greyerz told King World News that clients are having tremendous problems getting their physical gold out of Swiss banks as well as other major banks as the shortage intensifies. Greyerz also discussed the fact that refiners simply cannot keep up with demand, “no matter how much they produce.” Below is what Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this extraordinary interview.

Read more: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/5/21_Clients_Denied_Gold_At_Major_Banks_As_Shortage_Intensifies.html

MOORE, Oklahoma (Reuters) - A 2-mile-wide (3-km-wide) tornado tore through the Oklahoma City suburb of Moore on Monday, killing at least 51 people while destroying entire tracts of homes, piling cars atop one another, and trapping two dozen school children beneath rubble.

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TAMPA, Florida (Reuters) - As final ballots come in on a proposal to strip JPMorgan Chase & Co Chairman and Chief Executive Jamie Dimon of his chairman title, some worry about what will happen if shareholders win what will likely be a close vote.

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``This is long-term money that is not fooled by the paper markets.  The picture is not as it seems.  So this ‘bear market' is 100% in the virtual market.  Yet this underlying physical market has diverged into a full-fledged ‘bull market' as evidence by hard, official data showing the strongest physical demand in 18 months."  ''

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``What makes a loan a "bad loan?" I know there are lending practices defined as being predatory in nature that result in "bad loans," but that's not what I'm talking about. According to the Center for Responsible Lending, "Predatory lending describes unfair, deceptive, or fraudulent practices of lenders during the loan origination process." So, when we talk about predatory loans, we're talking about loans originated with any or all of the following being involved...''

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Concentrated power and wealth are intrinsically sociopathological by their very nature. I have long spoken of the dangers inherent to centralization of power and the extreme concentrations of wealth centralization inevitably creates. The Master Narrative Nobody Dares Admit: Centralization Has Failed (June 21, 2012) The Solution to Concentrated Power: Decentralize, Diffuse and Devolve Power (June 22, 2012) To Fix Healthcare, Let 100 Solutions Bloom (February 26, 2013) Longtime contributor C.D. recently highlighted another danger of centralization:sociopaths/psychopaths excel in organizations that centralize power, and their ability to flatter, browbeat and manipulate others greases their climb to the top. In effect, centralization is tailor-made for

WASHINGTON (Reuters) - Two senior White House aides knew weeks ago that a probe of the Internal Revenue Service had found that the U.S. tax agency had inappropriately targeted conservative groups, but did not tell President Barack Obama, a White House spokesman said on Monday.

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TOKYO (Reuters) - Japan's exports are expected to have risen in April from a year earlier for a second straight month led by U.S.-bound shipments of cars and Asian demand for electronics parts in a sign a weak yen and global recovery are helping the export-reliant economy.

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``Today 50-year veteran Art Cashin warned King World News that money supply is now going parabolic and may cause problems for the Fed and also create explosive inflation.  Cashin, who is Director of Floor Operations at UBS ($650 billion under management), also spoke about John Paulson and others positioned in gold.''

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