Search Results for: banks

IMF forgives Ukraine’s debt to Russia

IMF Christine Lagarde Ukraine debt

On December 8, the IMF’s Chief Spokesman Gerry Rice sent a note saying: “The IMF’s Executive Board met today and agreed to change the current policy on non-toleration of arrears to official creditors. We will provide details on the scope and rationale for this policy change in the next day …

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IMF set to add Chinese yuan to SDR currency basket

Chinese yuan

China’s currency, the yuan seems to be on track to be included in the International Monetary Fund‘s benchmark currency basket, putting it on par with the dollar, euro and pound sterling. A draft report by IMF staff who have been assessing the yuan’s technical criteria seems to be favourable. Three …

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How to Get a Loan With Bad Credit in 2019

It is said that the limitations we face are the ones placed by ourselves. This is also the case when it comes to seeking finances. You may have already locked yourself out of getting a loan because you have a bad credit score. It’s still possible to get a loan …

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Texas wants its gold back from the Federal Reserve

Texas flag gold

From Filip Karinja, for Birch Gold Group In the past few years, we’ve seen a groundswell of nations demanding their gold back from the New York Federal Reserve. Already, that list includes Germany, Austria, Netherlands, Belgium and Venezuela. Now another place is joining the list, but it isn’t a country: It’s …

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Top level bankers now being openly murdered

Benedict Philippens

In the beginning it was banker suicides. Then about two weeks ago, suicides were replaced by outright murders after the execution-style killing of the CEO of a bank in otherwise sleepy (and tax evasive) Lichtenstein by a disgruntled client. Then on Friday news hit of another execution-type murder in just …

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Dollar collapse: 7 of 10 Asian countries turn to yuan

USD Dollar Yuan money

A “renminbi bloc” has been formed in East Asia, as nations in the region abandon the US dollar and peg their currency to the Chinese yuan — a major signal of China’s successful bid to internationalize its currency, a research report has said. The Peterson Institute for International Economics, or …

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Iranian boy dies from medicine shortage due to EU and US sanctions

iran sanctions

Western sanctions on Iran have affected not only the nation’s oil revenues, but also human lives. A teenage boy has died from hemophilia due to a shortage of medicine caused by strict EU and US sanctions on the Islamic republic. Fifteen-year-old Manouchehr Esmaili-Liousi died in hospital after his family failed …

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From currency debasement to social collapse: 4 case studies

At its most fundamental level, SocGen’s Dylan Grice notes that economic activity is no more than an exchange between strangers. It depends, therefore, on a degree of trust between strangers. Since money is the agent of exchange, it is the agent of trust. Debasing money therefore debases trust. Grice emphasizes that …

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Portugal’s largest bank misses bond payment; bond prices collapse

Portugal flag

Brussels, we have a problem. As we warned 6 weeks ago, Espirito Santo International SA – is in a “serious financial condition” according to a central bank driven external audit by KPMG identified “irregularities in its accounts.” Sure enough, the ‘ponzi-like’ maneuvers have left the bank unable to pay its bonds as Bloomberg reports bonds …

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Bilderberg 2015: full attendee list and agenda

Bilderberg 2015 Austria

The official Bilderberg Group website has released the full attendee list and agenda for this year’s conference. As ever, the list of topics to be discussed is so vague as to almost be meaningless. Infowars will have full coverage of Bilderberg’s detailed agenda later today and for the rest of …

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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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Do All Personal Loans Demand Proof of Income

When you need money urgently, you have no choice unless you have to borrow some from other people. Your neighbors and siblings may not lend you some money because they also need it too. Fortunately, you can actually borrow from a loan provider like a bank or other loan services. …

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A world on the verge of war?

US navy

Here is a summary of where the world stands: – Unable to reach a compromise over the weekend, South Africa is now in an all out labor strike, with the police again firing rubber bullets at miners with lethal escalation guaranteed – Back from vacation, the once again penniless citizens of Spain, Greece, and Portugal …

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Monopoly board game goes cashless: ‘Ultimate Banking’

Monopoly Ultimate Banking cashless money

The war on cash has been in the works for a very, very long time, but the propaganda campaign to convince an always gullible public to accept the scheme seems to have been hatched in earnest late last spring. For example, here are a few excerpts from the post, Martin Armstrong Reports …

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George Soros’ house of cards is coming down

George Soros house of cards

Although multi-billionaire hedge fund tycoon and international political pot-stirrer George Soros lost big with the election of Donald Trump as president of the United States and the victory of the Brexit referendum in the United Kingdom, he stands to lose further ground, politically and financially, as the winds of political …

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Phoney Trump-Russia dossier was funded by Clinton camp and DNC

Hillary Clinton Trump Russia dossier DNC

A Hillary Clinton campaign lawyer is caught up in more fallout following a report that the Clinton campaign and the DNC funded the infamous Trump-Russia dossier alleging collusion. Another journalist claims he was misled by the lawyer. On Tuesday, the report alleged that Marc E. Elias, a lawyer representing the …

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How P2P Crowdfunding Is Disrupting Wall Street

P2P Crowdfunding Wall St

One of the biggest complaints that plagues the investment world relates to how to best pair eager investors with financially needy entrepreneurs. This is especially the case for novice investors and fledgling entrepreneurs who often have few to no avenues that bring them together. These groups are often loss in …

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