Search Results for: tax

The Big Question: Mutual Funds or Index Funds?

In the history of investment, mutual and index funds have always been fierce competitors. Both of them have their own set of pros and cons, no doubts there. But analysts recently predicted a shift towards index funds emphasising on its advantages. An investor choosing a fund primarily depends on one’s …

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Anonymous ‘Million Mask March’ goes global

Anonymous mask police

The Million Mask March is heading to the Capitol in Washington, D.C. Thousands of people worldwide joined Million Mask March rallies organized by the amorphous Anonymous movement. Rallies, both peaceful and confrontational, protested austerity, surveillance, corporate greed and corrupt governments. In a mass demonstration of people power, crowds in 450 …

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The greatest debt crisis the world has ever seen is coming

U.S. National Debt 2013

The largest mountain of debt in the history of the world just continues to grow even larger, and everyone knows that this colossal debt spiral is not going to end well.  But we all keep playing along because nobody wants the party to end.  Right now, there is an unprecedented …

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Why should a limited company consider debt resolution?

debt resolution

If you are like most business owners, the chances are your may have accrued some company debt over the years. It’s more than easy to get behind on VAT installments, PAYE, or corporation tax to HMRC. It usually takes a few years for this arrears to catch up, but when …

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Israel: the tech start-up capital of the world

Israel Start-ups

By Filip Karinja With a population of eight million people, Israel has made a name for itself as the Silicon Valley for tech start-ups. An innovator in the tech field, Israel has over 6000 start-ups in operation and attracts more venture capital per person that any other country in the …

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Swiss war game envisages invasion by bankrupt French

Swiss army

Hordes of bankrupt French invade Switzerland to get their hands on their “stolen” money — such is the imaginary scenario cooked up by the Swiss military in simulations revealed over the weekend. Carried out in August, the apparently outlandish army exercise was based on the premise of an attack by …

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Australia replaces one puppet Prime Minister with another

Rudd Gillard puppets

Kevin Rudd and Julia Gillard  Kevin Rudd has won a leadership ballot against Julia Gillard to regain the Australian prime ministership by a margin of 57 to 45. With the September 14 election looming, Gillard’s chances of victory were deemed slim. According to recent opinion polls, Rudd is seen as …

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House raises debt ceiling to avoid US default…for now

Debt ceiling

The House voted on legislation Wednesday that will raise the debt ceiling for three months and delay a US default. Even though this is just a short term fix, the Obama administration said it supports it. The legislation prevented a devastating default of US debt and payments next month and …

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Detroit to go bankrupt in less than a month

Motor City Industrial Park

The city of Detroit, facing a serious cash crisis, is set to go bankrupt by the end of this year and would put city workers on furlough unless it strikes a deal with the city council that would bring in $30 million before Dec. 14. Detroit has been in financial …

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Uruguay unveils plans to allow government to sell marijuana

marijuana leaf

Uruguay’s national government has said it plans to send a bill to Congress that would allow it to sell marijuana, making it the first country in the world to do so. Under the plan, only the government would be allowed to sell marijuana and only to adults who register on …

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Florida Homeowners Face Serious Challenges as Insurance Claims Top $2.5 billion

Owning property in Florida brings with it some unique risks. Hurricanes, tropical storms, significant lightning, hail, and wind events present serious challenges to insuring the value of your property against loss and damage. The latest figures from TrustedChoice.com show that Florida homeowners incurred more than $2.5 billion in losses in the most recent reporting …

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CIA and Rockefeller funding Greens party in Australia – Clive Palmer

Billionaire mining magnate Clive Palmer has accused the Australian Greens and Queensland environmental campaigners of “treason” in conspiring with US powers to destroy the nation’s coal industry. Mr Palmer is concerned with the perceived collusion between the United States’ Central Intelligence Agency and the environmental lobby. Mr Palmer turned his …

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Fed president: US banks have “half the equity they need”

US banks half equity

In a scathing editorial published in the Wall Street Journal today, the president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, blasted US banks, saying that they still lacked sufficient capital to withstand a major crisis. Kashkari makes a great analogy. When you’re applying for a mortgage or business loan, sensible banks are supposed to …

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Pentagon wants $582 billion to wage war in 2017

United States Secretary of Defense Ash Carter Pentagon

The US military faces five “big challenges,” Ash Carter told the Economic Club of Washington on Tuesday. Those challenges are: Russia, China, North Korea, Iran, and ISIS. So essentially, the exact same “challenges” Washington has been trotting out for years to justify hundreds upon hundreds of billions in defense spending, …

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Negative interest rates and QE4 is coming

Janet Yellen Federal Reserve

From Filip Karinja, for Birch Gold Group Despite the Federal Reserve running a zero interest rate policy (ZIRP) for 80 months straight and Quantitative Easing programs that have ballooned its balance sheet over $3.5 trillion, US GDP has struggled to reach 2%. It’s plain for all to see: They are running out of options to …

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