Search Results for: dollar

India cuts interest rates more than expected

India central bank Raghuram Rajan interest rates

India’s central bank on Tuesday cut its key interest rate more than markets expected amid optimism that inflation will remain low and fears that Asia’s third-largest economy is slowing. Reserve Bank of India Governor Raghuram Rajan cut the repurchase-agreement rate by 0.5 percentage point to 6.75%. That brings the total easing by …

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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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French presidential frontrunner wants gold back in France

Marine Le Pen gold France

France could be next on the list of countries that wants to take its gold back, if the leader of a far-right political party has her way. Tuesday, Marine Le Pen, leader of the Front National party of France, who is also the front runner to potentially be France’s new president, …

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10 giant corporations that don’t pay taxes

Exxon Mobil

In recent years, giant corporations have started a trend when it comes to paying taxes: the greater the profit, the lower the taxes they pay. Dissatisfaction has come from citizens, but also from public figures like senator Bernie Sanders and public advocacy group Citizens for Tax Justice. The nonprofit group …

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US government faces $127 trillion in unfunded liabilities

Economic turmoil US dollar

For a casual observer of the US economy (most “experts”), you could say that things look pretty good. Unemployment is at its lowest rate in six years. Earnings of S&P 500 companies are higher than ever, while their debt is lower than it’s been in the last 24 years. Nonetheless, …

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Credit Suisse report: Richest 1% own half of global wealth

Wealthy Yacht

The richest 1% of the world’s population are getting wealthier, owning more than 48% of global wealth, according to a report published on Tuesday which warned growing inequality could be a trigger for recession. According to the Credit Suisse global wealth report (pdf), a person needs just $3,650 – including the value …

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Facebook emotions experiment linked to Pentagon research on civil unrest

Facebook-emotions-study

Facebook‘s experiment on over half-a-million unsuspecting users has taken a new twist with the revelation that a researcher connected to a Department of Defense-funded program to use the military to quell civil unrest also participated in the study. Social media sites exploded over the weekend after it was revealed that …

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Australia planning to produce GMO milk

Cows on farm milk

A plan to feed Australian dairy cows genetically modified rye grass designed to boost milk production has sparked concerns from both organic and non-organic farmers. Opponents of the scheme fear that GM grasses could contaminate neighbouring properties and that existing labelling requirements would not allow consumers to identify products made from cows fed …

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Russia buys 900,000 ounces of gold worth $1.17 billion in April

Swiss gold

The Russian central bank has again increased its gold reserves by another 900,000 ounces worth $1.17 billion in April. Russia’s gold reserves rose to 34.4 million troy ounces in April, from 33.5 million troy ounces in March, the Russian central bank announced on its website yesterday. The value of its …

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5 Nobel Prize winners: ‘End the war on drugs’

War on Drugs

Many have pointed out that the global war on drugs has been a waste of tax-payer time and money. It has also resulted in loathsome socio-political policies that have negative long-term ramifications. Now, five Nobel Prize winning economists as well as several world leaders are endorsing a just-published report by the London School of …

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The gold price manipulation article the Financial Times removed

Financial Times gold

Two days ago the FT released a clear, informative and fact-based article, titled simply enough “Gold price rigging fears put investors on alert” in which author Madison Marriage, citing a report by the Fideres consultancy, revealed that global gold prices may have been manipulated on 50 per cent of occasions between …

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US spent $5 billion to destabilize Ukraine

Kiev burning

The protests in the western Ukraine are organized by the CIA, the US State Department, and by Washington- and EU-financed Non-Governmental Organizations (NGOs) that work in conjunction with the CIA and State Department. The purpose of the protests is to overturn the decision by the independent government of Ukraine not …

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New US intelligence seal: Evil octopus strangling the world

NROL-39 rocket with logo

NROL-39: “Nothing is beyond our reach” Billions of dollars annually are being used to fund operations conducted by the United States intelligence community, the likes of which allow the government to eavesdrop on emails, listen to world leaders’ phone calls and about everything in-between. One thing that budget hasn’t bought, …

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US-Israeli created computer virus hits Russian nuclear plant

nuke explosion

The CEO of one of the world’s foremost computer security firms says the Stuxnet worm that targeted Iranian nuclear facilities may have also infiltrated similar critical systems in Russia. If accurate, allegations that Stuxnet snuck its way into Russia could implicate the United States and Israel in an even broader …

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New DHS headquarters was a CIA MKUltra test facility

NSA MKUltra facility

The Department of Homeland Security’s plans to occupy an old psychiatric hospital in the Washington D.C. area have slowly been moving forward, despite the project’s enormous projected cost. Center Building at St. Elizabeths Hospital in Washington, D.C. The mammoth governmental entity, which has come to umbrella the offices of the …

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Great news: Monsanto abandons plans for GMOs in Europe

GMO-protest-in-France

The world’s largest seed corporation says it has dropped its bid to get more genetically modified crops onto the European market due to the wide-spread popular opposition. The biotech giant says it will expand its share of the natural seed market instead. “We will no longer be pursuing approvals for …

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6,000 GM sugar beets in Oregon destroyed by activists

sugar beets

It appears as though some Americans may finally be waking up to the grim reality that calling their politicians and signing petitions is simply not enough to stem the tide of evil that has overtaken this once free country. For perhaps the first time since genetically-modified organisms (GMOs) were introduced …

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BRICS nations plan new bank to bypass World Bank, IMF

BRICS countries

The biggest emerging markets are uniting to tackle under-development and currency volatility with plans to set up institutions that encroach on the roles of the World Bank and International Monetary Fund. The leaders of the so-called BRICS nations — Brazil, Russia, India, China and South Africa — are set to approve the establishment of a new …

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