Search Results for: bank

Media banned from reporting on Reserve Bank of Australia corruption scandal

Reserve Bank

On 29 July 2014, WikiLeaks releases an unprecedented Australian censorship order concerning a multi-million dollar corruption case explicitly naming the current and past heads of state of Indonesia, Malaysia and Vietnam, their relatives and other senior officials. The super-injunction invokes “national security” grounds to prevent reporting about the case, by …

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United Nations looking to control the internet

United Nations

United Nations report calls for Internet surveillance, saying lack of “internationally agreed framework for retention of data” is a problem, as are open Wi-Fi networks in airports, cafes, and libraries. The United Nations is calling for more surveillance of Internet users, saying it would help to investigate and prosecute terrorists. …

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Today the Fed unofficially announced QE4

Today Michael Pento stunned King World when he said, “… the Fed doubled down on QE3 this morning and unofficially announced QE4.”  Pento believes the mainstream media does not understand what just happened today, but he said it will have massive implications for the markets, including gold and silver. Pento …

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Israeli soldiers abuse Palestinian kids: report

Palestinian child Israeli soldiers

Israeli veterans have spoken out, describing a degrading culture of abuse and harassment of Palestinian children in the West Bank and Gaza. A report containing 30 veterans’ testimonies details numerous cases of violence committed by Israeli soldiers. The report was released to world media on Saturday by Breaking the Silence, …

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How Market Volatility Affects the Global Banking System

How Market volatility ahead global banking system

We are all aware that the wizard behind the proverbial curtain is represented by the banks in these modern times. Whether referring to interest rates, international monetary policies or inflation, the fact of the matter is that these institutions impact our daily lives. One of the catch phrases associated with …

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China to launch yuan gold fix by end of 2015

China gold shop yuan

China plans to launch a yuan-denominated gold fix by the end of 2015 via the Shanghai Gold Exchange (SGE), in a move aimed at giving the world’s biggest bullion producer and consumer more influence over pricing. The first public confirmation made by an exchange official comes after Reuters cited sources …

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Another Deutsche banker and SEC enforcement attorney ‘commits suicide’

Deutsche bank suicide

Back on January 26, a 58-year-old former senior executive at German investment bank behemoth Deutsche Bank, William Broeksmit, was found dead after hanging himself at his London home, and with that, set off an unprecedented series of banker suicides throughout the year which included former Fed officials and numerous JPMorgan traders. …

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Russia is dumping US dollars and hoarding gold

Russia gold hoarding US dollar

Vladimir Putin’s quest to break Russia’s reliance on the U.S. dollar has set off a literal gold rush. Within the span of a decade, the country quadrupled its bullion reserves, and 2018 marked the most ambitious year yet. And the pace is keeping up so far this year. Data from …

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JP Morgan whistleblowers confess bank manipulates gold & silver

Gold Silver

In a stunning development, two JP Morgan whistleblowers have confessed that the bank manipulates the gold and silver markets. This is truly a shocking admission by the courageous JP Morgan whistleblowers. In a blockbuster King World News interview, London metals trader Andrew Maguire told KWN that the two JP Morgan …

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European nations look to bring their gold reserves home

Gold bars

The financial crisis in Europe is prompting some nations to repatriate their gold reserves to national vaults. The Netherlands has moved $5 billion worth of gold from New York, and some are calling for similar action from France, Switzerland, and Germany. An unmatched pace of money printing by major central …

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Federal Reserve hacked by Anonymous, 4000 bankers details published

Anonymous federal reserve

The US Federal Reserve bank has confirmed one of its internal websites was broken into by hackers after the hacktivist group Anonymous was claimed to have stolen details of more than 4,000 bank executives. “The Federal Reserve system is aware that information was obtained by exploiting a temporary vulnerability in a website vendor product,” …

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Russia and China planning joint gold trading platform

Russia China gold trading

The Bank of Russia and the People’s Bank of China want to create a joint platform that would unite gold trading by the world’s two biggest gold buying countries. “BRICS countries are large economies with large reserves of gold and an impressive volume of production and consumption of this precious …

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Wells Fargo fined $185m for opening 2 million fake accounts

wells-fargo-fake-accounts

A top US bank, Wells Fargo, has agreed an $185 million payout settlement with California and federal regulators after it opened more than 2 million fake accounts not authorized by customers. It is the company’s second instance of fraud in recent months. “Wells Fargo employees secretly opened unauthorized accounts to …

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Land sold off and used for biofuels could have fed 1 billion people

hunger

2 million kilometers of foreign purchased land in developing countries is either idle or used for Western biofuel production, according to a British charity. Oxfam’s report estimates an area the size of London is sold every six days. The report states that between 2000 and 2010, 60% of investment in …

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OpIcarus: Anonymous shut down central banks, call for ‘online revolution’

OpIcarus Anonymous central banks online revolution

Hacktivist collective Anonymous has launched cyber-attacks on major financial institutions across the world, including the Bank of England, in order to “start an online revolution.” Hackers claimed to have taken down the Bank of England’s internal email server as part of an operation dubbed ‘OpIcarus.’ Mail.bankofengland.co.uk was down for part of …

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Iran and Russia officially ditch the dollar

Russian President Vladimir Putin with Iranian President Hassan Rouhani

Bank officials in Iran said on Sunday that a mechanism to transfer money to the country’s banks from Russia is now on stream. Gholam-Reza Panahi, the deputy governor for currency affairs of Bank Melli of Iran (BMI), said the mechanism enables Iranian exporters to transfer payments in rubles from their Russian …

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Anonymous launches Operation Black October, targets banking system

Anonymous Operation Black October Bank

US branches of Germany’s Deutsche Bank and Spain’s Banco Santander have failed US Fed stress tests, while America’s largest bank, Bank of America, is put on ‘warning’. How far can the ordinary people shoulder responsibility of a failed private bank? Anonymous asks you to join the peaceful revolution from October 1 …

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Russia could ditch US dollar in 2-3 years

Andrey Kostin Russia

Two to three years would be enough time for Russia to switch to international settlements to the ruble, Andrey Kostin, head of Russia’s second-biggest bank VTB, said. “Two to three years is enough, not only to launch [settlements in rubles], but also to complete these mechanisms. But much will depend …

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