Search Results for: debt

India signals it is rearing to kick Monsanto out

Monsanto go back

A report from the August 17 edition of the American Association for the Advance of Science’s journal Science titled, “Negative Report on GM Crops Shakes Government’s Food Agenda,” revealed that an Indian high-profile parliamentary panel, only a week before, recommended that GM crop “field trails under any garb should be discontinued forthwith,” …

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Special friday gold & silver ‘Chart Mania’

With the wild action in gold and silver this week, top Citi analyst Tom Fitzpatrick put together a ‘Gold & Silver Chartapalooza’ where he laid out the roadmap for gold and silver to hit new all-time highs.  Below is his interview and the KWN Special Friday Gold & Silver ‘Chart …

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This is my single greatest fear – Peter Schiff

Today Peter Schiff stunned King World News by speaking about his single greatest fear. Schiff, who is CEO of Europacific Capital, gave an extraordinarily candid interview. Here is what Schiff had to say: “My biggest worry is that capitalism and the free markets will get the blame when it really hits the …

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List of countries destroyed by Hillary Clinton

countries-destroyed-hillary-clinton

In an email sent to his business partner and Democratic fundraiser Jeffrey Leeds, former Secretary of State Colin Powell wrote of Hillary Clinton, “Everything HRC touches she kind of screws up with hubris.” Clinton’s tenure as Secretary of State during Barack Obama’s first term was an unmitigated disaster for many …

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A quick fact sheet on some Bilderberg attendees

Bilderberg

On June 5, the London Evening Standard headlined “No minutes, no press conferences – just the world’s power brokers chewing the fat on the issues of the day. It’s the Bilderberg conference – and it’s coming to a suburb near you.” On June 6, it convened. It continues through June 9. It’s …

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US economy is headed for a recession

US dollar bubble

The United States is experiencing its fifth relapse in five years. This past week the U.S. government announced the country’s economy rose in the January-March 2016 at a mere 0.5 percent annual growth rate. Since the U.S., unlike other countries, estimates its GDP based on annual rates, that means for the …

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This guy took a gigantic loan to destroy the financial system

Enric Durán

In 2008, anticapitalist campaigner Enric Durán borrowed €492,000 ($642,306) from 39 different financial entities with absolutely no hope or intention of paying it back. But—as you might expect from an anti-capitalist campaigner—he didn’t spend it all on diamond kitchen knives and luxury frisbees. Instead, he ploughed it into a number …

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Terrorism: Never what you think

Netanyahu Obama

The recent demonstrations across the Islamic world aren’t so simple to understand. As an American, Terry Jones, the former CIA asset and his billionaire backers at Google, the CATO Institute and other groups that, when real investigation is done, at the root of this crisis, are not American at all. …

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The “world’s largest prop trading desk” just went bust

JP Morgan Chase

A month ago we warned that JPM’s CIO office is nothing short of the world’s largest prop trading desk. Not only were we right, but what just transpired is just shy of our worst possible prediction. At the end of the day, the real question is why did JPM put in so much …

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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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JP Morgan criminal CEO Jamie Dimon: “It’s a free f**king country”

Jamie Dimon testimony

“I’m an outspoken defender of the truth,” JPMorgan CEO Jamie Dimon feverishly maintains in an interview published today. In the interview, he continuously contends that the press and the country have it all wrong about JP Morgan. He seemingly separates JP Morgan out from the current-leading  American banking foe of Europe, Goldman …

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Bitcoin and Gold’s First Kiss

The performance of Bitcoin in the last few years has made the once easily-dismissed digital currency a serious contender in the financial markets, even for those who don’t understand the basis for its value. While the concept may still be difficult to grasp (the cryptocurrency is notoriously difficult to explain …

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How the Economy Affects Mortgage Rates

Family home

The interest rates on mortgage loans have a direct effect on how much money will have to be repaid on a home. While home buyers are always aiming for the lowest interest rates possible, lenders have to cover for the risk by adjusting their interest rates accordingly. Only buyers with …

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Donald Trump: NATO is obsolete, UN doesn’t fix anything

Donald Trump NATO obsolete United Nations

Donald Trump on Saturday went further than ever before in his criticism of the North Atlantic Treaty Organization, telling a crowd here that we would be fine if NATO broke up. Mr. Trump had previously questioned the need for the organization, and on Saturday he reiterated his criticism that other …

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Saudi Arabia posts $135 billion deficit

Saudi King Salman bin Abdulaziz

Saudi Arabia on Monday said this year’s budget deficit amounted to $135 billion (367 billion riyals) as lower oil prices cut into the government’s main source of revenue, prompting the kingdom to scale back spending for the coming year and hike up petrol prices. A royal decree announced that petrol prices …

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