All over the planet, large banks are massively overexposed to derivatives contracts. Interest rate derivatives account for the biggest chunk of these derivatives contracts. According to the Bank for International Settlements, the notional value of all interest rate derivatives contracts outstanding around the globe is a staggering 505 trillion dollars. Considering the fact that the U.S. national debt is only 18 trillion dollars, that is an amount of money that is almost incomprehensible. When this derivatives bubble finally bursts, there won't be enough money in the entire world to bail everyone out. The key to making sure that all of these interest rate bets do not start going bad is for interest rates to remain stable. That is why what is going on in Greece right now is so important. The Greek government has announced that it will default on a loan payment that it owes to the IMF on June 5th. If that default does indeed happen, Greek bond yields will soar into the stratosphere as panicked investors flee for the exits. But it won't just be Greece. If Greece defaults despite years of intervention by the EU and the IMF, that will be a clear signal to the financial world that no nation in Europe is truly safe. Bond yields will start spiking in Italy, Spain, Portugal, Ireland and all over the rest of the continent. By the end of it, we could be faced with the greatest interest rate derivatives crisis that any of us have ever seen.

The charity organization Oxfam says almost two-thirds of the war-hit population in Yemen have no access to clean water as Saudi Arabia continues its deadly airstrikes against the impoverished country.

The aid agency said in a statement on Tuesday that the constant Saudi bombardments have increased the number of Yemenis without clean water to at least 16 million.

"Ongoing air strikes, ground fighting and fuel shortages mean that an additional three million Yemenis are now without drinking water, raising the total number of Yemenis without a clean water supply and sanitation to at least 16 million," Oxfam said.

Oxfam's director in Yemen, Grace Ommer, said the figure is equivalent to the total population in the European capitals of Berlin, London, Paris and Rome.

Bodies were burned beyond recognition and wheelchairs reduced to charred frames at the privately-run home in Henan province.

A fire has swept through an old people's home in China, leaving 38 residents dead.

Many of the bodies were burned beyond recognition and wheelchairs were reduced to charred frames at the privately-owned home in Pingdingshan.

The fire broke out on Monday evening at one of the home's apartments, according to the state news agency Xinhua, and photos posted online showed a thick column of black smoke coming from behind a petrol station nearby.

The blaze was extinguished less than an hour after it broke out but 38 of the home's 51 residents were killed. Two of the injured were in a critical condition in hospital.

"The bodies were so badly burned, we couldn't tell who was who," Xinhua quoted one victim's relative saying of the identification process.

"Only myself and one other roommate managed to get out," survivor Zhao Yulan, 82, who shared her room with 11 other people, told Xinhua.

Australia has again declared war on its Indigenous people, reminiscent of the brutality that brought universal condemnation on apartheid South Africa. Aboriginal people are to be driven from homelands where their communities have lived for thousands of years. In Western Australia, where mining companies make billion dollar profits exploiting Aboriginal land, the state government says it can no longer afford to "support" the homelands.

Vulnerable populations, already denied the basic services most Australians take for granted, are on notice of dispossession without consultation, and eviction at gunpoint. Yet again, Aboriginal leaders have warned of "a new generation of displaced people" and "cultural genocide".

Genocide is a word Australians hate to hear. Genocide happens in other countries, not the "lucky" society that per capita is the second richest on earth. When "act of genocide" was used in the 1997 landmark report 'Bringing Them Home', which revealed that thousands of Indigenous children had been stolen from their communities by white institutions and systematically abused, a campaign of denial was launched by a far-right clique around the then prime minister John Howard. It included those who called themselves the Galatians Group, then Quadrant, then the Bennelong Society; the Murdoch press was their voice.

There were some very bad vibes in downtown St. Louis on the night of October 28, 2013. The Cardinals had just lost Game 5 in the World Series, and the Rams had a pathetic showing against the Seahawks at Edward Jones Stadium. The streets were jammed bumper to bumper with disgruntled fans trying to make it home, and so Brandon Pavelich and Julia Fischer — two college friends on a kinda-sorta first date — decided to walk around a bit before attempting to leave the area.

Then they heard fast footsteps, and the next thing they knew, two men had guns pointed at their heads. They demanded money and cell phones.

Pavelich paused.

"Show him we're serious and shoot him," he remembers one of the men saying.

Instead, a gun smashed into Pavelich's face, opening a gash in his forehead and chin, and chipping a tooth. One of the men reached into Pavelich's pockets as he was reeling, and grabbed his iPhone and cash. They took Fischer's iPhone as well, and ran.

Luckily, Pavelich and Fischer found a St. Louis police officer nearby. They soon learned theirs was the last in a string of muggings that evening. In total, seven victims had their phones taken, though Pavelich was the only one who had to spend the night in a hospital getting stitches.

Fischer recalls that the police behaved as if they were hot on the trail of the stolen phones.

"They did say that they're tracking it," she says. She assumed that meant they were using the phones' GPS or something like the Find My iPhone app.

By the next day, four suspects were in custody, including a supposed lookout and a getaway driver. They were found in a hotel room in Caseyville, Illinois, allegedly with the stolen phones. Among the recovered property, Pavelich was able to identify the case he'd had on his phone. It seemed like a done deal.

A total of 139 graves have been found in Malaysia in more than two dozen human trafficking camps believed to have been used by gangs smuggling migrants across the Thai border. Signs of torture were also discovered, the nation's police chief said Monday.

"It's a very sad scene...to us even one is serious and we have found 139," Malaysia's inspector general of police, Khalid Abu Bakar, told reporters in the northern state of Perlis. "We are working closely with our counterparts in Thailand. We will find the people who did this."

Describing the conditions at the 28 abandoned camps scattered along a 50 km (30 mile) stretch of the Thai border, Khalid said authorities were "shocked by the cruelty." He added that signs of torture were also discovered, but declined to elaborate.

Photos of the camp show basic wooden huts built in forest clearings. Khalid said bullet casings were found in the vicinity, and metal chains were found near some graves.

The first decomposed body was brought down to a police camp set up at the foot of the mountains where the camps were found on Monday evening. Delivery of the corpse took nearly five hours, due to the rough terrain.

"The body was only bones and little bit of clothing on it," said Rizani Che Ismail, the officer in charge of the Padang Besar police department, as quoted by Reuters. He added that the cause of death was not immediately known.

Today we seek to comprehend the cause of the tension gripping the 'Police States of America' following a series of seemingly unstoppable deaths of black people at the hands of 'Officers of the Peace.'

What is the cause of these #BlackLivesMatters hastags and the protests erupting around the country? What is this 'R-'word that everyone keeps bandying about...? What about that 'history' thing? Featuring newly installed Chief of Militarized Police, General Baxter, and a guest from the 'Civil Rights' movement, one Marvin Uggenrite, join indefatigable warrior for truth, Brian Washington, as he attempts to get to the bottom of this... or scrape the bottom of the barrel trying. For the first time ever Juice Rap News tunes into the Main Stream Media BS frequency for an entire episode... what could possibly go wrong?

Access to affordable and nutritious food is an ongoing problem in remote Indigenous communities. These areas have an artificially inflated cost of living due to cycles of mining boom and bust, and suffer from a general unavailability of fresh fruit and vegetables and other high-quality foods.

As well as the high cost of living, limited educational outcomes and work opportunities coupled with insufficient social services, including public transport, create chronic economic insecurity for Indigenous residents. Food is often the first thing to go when there is not enough money to pay the bills.

Going without food, or going without nutritious food, has heavy consequences for Indigenous people, as we learnt on a recent research trip to the West Kimberley. Indigenous Australians are already twice as likely to have a disability or chronic illness as non-Indigenous Australians; poor nutrition compounds these problems, leading to further illness and secondary impairments.

In our interviews, Aboriginal people consistently reported alleviating food insecurity by going crabbing or fishing on traditional lands. Though this accounted for a small portion of total dietary intake, our respondents greatly valued having some control over this part of life.

Yet this may be jeopardised by the policy direction of the state and federal governments.

Warnings of risk of hydrogen explosion due to build up of gases in containers leaking radioactive water at Japan's disaster-hit Fukushima nuclear power plant

Leaking containers at Japan's embattled Fukushima nuclear power plant are at risk of possible hydrogen explosions, experts have claimed.

Almost 10 per cent of recently inspected containers holding contaminated water at the nuclear plant in northeast Japan were found to be leaking radioactive water.

The leakages, discovered during inspections by Tokyo Electric Power Co (Tepco), the operators of the plant, were thought to be caused by a build-up of hydrogen and other gases due to radiation contamination.

The discovery was reported to the Nuclear Regulation Authority (NRA), which raised concerns surrounding the potential hazards of accumulated hydrogen building up in the containers.

"If the concentration level is high, a spark caused by static electricity could cause a container to explore," one NRA official told the Asahi Shimbun.

Tepco officials made the discovery while inspecting 278 of the plant's 1,307 containers and found that 26 - close to ten per cent - had a leakage or overspill from their lids.

Much of the debate surrounding police behavior in the United States has revolved around fatal confrontations between unarmed black men and law enforcement, but a new movement wants to remind Americans that black women are also victims.

In order to do so, a new report was released Wednesday called 'Say Her Name: Resisting Police Brutality Against Black Women,' which documents cases in which black women have been killed, beaten or sexually assaulted by law enforcement. The report was authored by the African American Policy Forum (AAPF), the Center for Intersectionality and Social Policy Studies at Columbia University, and Andrea Ritchie, a Soros Justice Fellow and expert on women's experiences with police.

"Although Black women are routinely killed, raped and beaten by the police, their experiences are rarely foregrounded in popular understandings of police brutality," said Kimberle Williams Crenshaw, Director of the African American Policy Forum and co-author of the report, in a statement. "Yet, inclusion of Black women's experiences in social movements, media narratives and policy demands around policing and police brutality is critical to effectively combating racialized state violence for Black communities and other communities of color."

The group is using the hashtag #SayHerName to get its message out on social media.

On Wednesday, a vigil was held at New York City's Union Square, where dozens of people rallied, and relatives of women victimized by police brutality spoke about their experiences.