Daesh was once described as the richest terrorist group in the world, but apparently these days are long since over. The caliphate's finances have crumbled thanks to the Russian and US-led multinational coalitions destroying the bulk of the group's oil infrastructure, the global slide in oil prices and territorial losses in Iraq and Syria.

The self-proclaimed Islamic caliphate, unlike other terrorist groups, generates its income locally. The militants mostly make money from taxes, extortion, kidnappings, oil smuggling and private donations. These sources have recently been affected, with Daesh losing territories, fighters, civilians, hard cash, oil fields and smuggling routes.Although many have warned against predicting Daesh's swift financial demise, more reports have emerged pointing to the group's major financial troubles. This might be indirect evidence, but it is nevertheless telling.

While senior Daesh commanders are said to have clashed over allegations of corruption, mismanagement and theft, some fighters have not been paid at all, the Washington Post reported, citing US counterterrorism officials.

In San Diego a veteran just attempted to take his own life inside the VA hospital because his mental health appointments had been repeatedly canceled on him with only a day's notice over the last several years dating back to 2013. Less than two weeks ago in New Jersey after walking nine miles from his home another 51-year old Navy veteran of the first Gulf War set himself on fire in protest directly in front of his New Jersey Veterans Affairs clinic to make his dramatic point that the US fails miserably in taking care of those who sacrifice their lives for their nation's wars. Veterans across the country are making dramatic statements willing to end their life due to their sheer frustration dealing with the largest and thoroughly broken health care system in the United States.

Having one Veterans Affairs Secretary two years ago resign replaced by another - both West Point graduates - still isn't getting the job done. Current Veterans Affairs Secretary Robert McDonald, no sooner appointed and on the job out in LA with television cameras rolling talking it up with homeless veterans, he lied claiming he served in the Special Forces. Funny how cadets get through four years at the academy never lying, cheating or stealing, but once they graduate their honor code goes right out the window... like Petraeus who graduated a year behind me lying to the FBI telling them he never violated top secret clearance as CIA director when he'd given his mistress binders chock full of classified material. McDonald graduated two years behind me.

Nearly two years ago the Phoenix Veterans Medical Center came under immediate fire when it was discovered that nearly 40 veterans had died while on a phantom waiting list among 1700 other veterans yet to be electronically scheduled much less ever seen by actual medical staff. A hospital whistleblower contacted the local press to trigger the biggest veterans scandal in history resulting in mounting pressures to fix the grossly incompetent and corrupted system entrusted to care for the medical needs of men and women who served our nation honorably and earned the right to be taken care of by the country they all were willing to die for. Now two years later they are still dying still apparently waiting for medical treatment on still forgotten waiting lists. But today some are choosing to die by choice making their bold yet desperate final statement just to show America that the promises to correct the corrosive system caught not caring for them a couple years ago still doesn't care. This latest incident is the second high profile suicidal act in as many weeks dramatically taking place on VA grounds.

Biggest ever leak of records passed on to Süddeutsche Zeitung and shared by the International Consortium of Investigative Journalists (ICIJ) with the Guardian and the BBC; over 370 reporters spent a year verifying the documents.

370 reporters from 100 media organisations have spent a year analysing and verifying the documents.

The hidden wealth of some of the world's most prominent leaders, politicians and celebrities is to be revealed imminently by the leak of millions of documents showing the way the rich exploit secretive offshore tax regimes like Panama's.

The Guardian, one of several newspapers working with global partners, said journalists from more than 80 countries have been reviewing 11.5 million files leaked from the database of Mossack Fonseca, the world's fourth biggest offshore law firm.

The leak is one of the biggest ever - larger than the US diplomatic cables released by WikiLeaks in 2010, and the secret intelligence documents given to journalists by Edward Snowden in 2013.

A Maltese connection will surely surface with energy minister Konrad Mizzi having been outed as having used a Panamanian shell company, Hearnville, to hide his beneficial ownership; the company is owned by the trustees of his New Zealand trust.

The US has deployed 12 F-15C Eagles and around 350 airmen in Europe as part of Operation Atlantic Resolve (OAR), the Pentagon's demonstration of force designed to deter what the US calls Russian aggression against Europe.

The aircraft and troops were sent from the Barnes Air National Guard Base in Massachusetts and the Fresno Air National Guard Base in California for a six-month tour to Iceland's Keflavik and the Dutch Leeuwarden Air Base.

The American fighters "will conduct training alongside NATO allies and partners as part of OAR to strengthen interoperability, demonstrate US commitment to a Europe that is whole, free, at peace, secure, and prosperous and to deter further Russian aggression," the USAF said in a statement.

As the Syrian Army and its Russian partners gradually regain control of the disaster created by Washington and its NATO and GCC allies in Syria, the western media is slowly coming around to realize 12 months late (but better late than never) that Saudi Arabia has been pounding its neighbor Yemen, and killing and maiming many innocent people in the process.

Why the silence? The answer is simple: business. More specifically, the arms and 'defense' (what an oxymoronic term this has become) business. As we reported yesterday, as Saudi Arabia continues to drop its US and UK-made bombs down on the people of Yemen, the US and UK have cashed-in on sales to the GCC worth at least $33 Billion - in just eleven months according to Defense News.

Despite Russia's shock announcement that it is scaling down anti-terror operations in Syria, the Syrian Arab Army continues advancing across eastern Syria towards the Iraqi border. In the meantime, Russia has new problems 'closer to home', with NATO building up forces along its border, Kiev building up forces along the Donbass contact line, and clashes breaking out between Armenian and Azerbaijani forces in the Caucasus.

This week on Behind the Headlines, we discussed these latest developments on the global stage, along with the dodgy EU-Turkey refugee deal that threatens increasing chaos in Greece, and the ongoing fallout from the Brussels Bombings.

This show aired live on the Sott Radio Network from 12pm-1.30pm EST / 5-6.30pm UTC / 6-7.30pm CET on Sunday April 4th, 2016.

Running Time: 01:30:28

Download: MP3

The Ukrainian president accused the New York Times of engaging in a 'hybrid war' against his country after it published a damning report on corruption. Russia suggested that Kiev should now ask Washington to impose sanctions against NYT editors.

The article, penned by the influential US newspaper's editorial board, blamed the Ukrainian authorities, including President Petro Poroshenko for failing to deal with corruption and called on Kiev's sponsors to withhold credits until the situation changes.

"Poroshenko seems to have accepted continuing corruption as the price to pay for a modicum of maneuvering room," the Times wrote. "But the president, the prime minister and the parliament must be made to understand that the International Monetary Fund and donor nations, including the United States, cannot continue to shovel money into a corrupt swamp unless the government starts shaping the democratic rule that Ukrainians demanded in their protests."

Is there any reason to expect the lifting of American sanctions?

The sanctions are an element of the hybrid war that the US is waging against us. They are doing this not because they do not like Russia's 'annexation' of the Crimea, but because of the objective and subjective interests of the American establishment.

The US is losing its hegemony : it is already producing fewer products and exporting fewer technologies than China. China is also catching up with America in the number of scientists and engineers, and many innovative Chinese technologies are capturing world markets. China's development rate is five times that of the US.The international system of economic entities recently set up in China exemplify the new world economic order.

The economic entities that dominate in the US, serving a financial oligarchy, have destabilized the American monetary and financial system, which defaults about twice a year. The causes of the global financial crisis of 2008 have not disappeared and the American debt bubble — financial pyramids composed of derivatives and the national debt —are still growing.

ISIS has been using a high-tech lab in Mosul for building bombs and chemical weapons and training recruits in bomb-making since its capture in 2014. Barely targeted by US airstrikes, the facility has also provided jihadists with some 40 kg of uranium compounds.

"The University of Mosul is the best Daesh [Islamic State, formerly ISIS/ISIL] research center in the world," Iraq's top explosives officer Gen. Hatem Magsosi told The Wall Street Journal. "Trainees go to Raqqa [Syria], then to Mosul University to use the existing facilities."

When the facility was seized by ISIS back in 2014, Iraqi officials reported to UN that some 40 kilos of uranium compounds kept there apparently fell into jihadists' hands.

"Terrorist groups have seized control of nuclear material at the sites that came out of the control of the state," Iraq's UN ambassador wrote at the time, adding that such materials "can be used in manufacturing weapons of mass destruction."

The total number of casualties from an armed conflict and acts of terrorism in Iraq has almost doubled between February and March to over 1,000, the United Nations Assistance Mission (UNAMI) for Iraq said.

The casualty count from terrorism, violence and an armed conflict among Iraqis increased from 670 in February to 1,119 in March, the mission said on Friday.

"I am extremely disturbed at the continuing loss of life and injury as a result of terrorism, violence and armed conflict. It is totally unacceptable that civilians should bear the brunt of violence," Special Representative of the United Nations Secretary-General for Iraq Jan Kubis said, as quoted by the report.