North America

• Wall Street Crime: 7 Years, 156 Cases and Few Convictions (WSJ)
• Japan's Abe points to 2008 crisis as G7 leaders debate global risk (Reuters)
• Brent Crude Rises Above $50 a Barrel (WSJ)
• New York financial regulator gearing up to probe online lenders (Reuters)
• At Swinging Wall Street Parties, the Feds Are Now on the Prowl (BBG)
• Do U.S. Killings of Militant Leaders Work? (WSJ)
• Fed's Bullard: global central bank policy divergence has been priced in (Reuters)
• Insurers Seek Big Premium Boosts (WSJ)

Submitted by Paul Rosenberg via FreemansPerspective.com,

It’s really just a matter of time; the working man’s deal with his overseers is half dead already. But there’s still inertia in the system, and even the losers are keeping the faith. Hope dies slowly, after all.

Submitted by Jeff Thomas via InternationalMan.com,

Submitted by Howard Kunstler via Kunstler.com,

A Russian Ministry of Defense report claims that EgyptAir Flight 804 crashed over the Mediterranean Sea due to the aircraft being struck by debris from a large meteorite.  The Kremlin say that a 10,000 metric tonne meteorite entered the Earth’s atmosphere on May 17, and Russia were the first country to issue a warning about the potential danger it posed to aircraft.