Search Results for: money

Billionaire George Soros dumps US stocks, buys gold

George Soros stocks gold

Billionaire George Soros has cut investment in US stocks by one-third and acquired a $264 million stake in the world’s biggest bullion producer, Barrick Gold, Bloomberg reports, quoting the investor’s fund data. Overall, in the first quarter of 2016 the value of publicly disclosed holdings of Soros Fund Management fell by 37 …

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Study: Strong association between social media use and depression

Social media study depression mobile phone

This is the kind of stuff the government spends big money to study — how depressed social media makes young people. Regardless, the National Institutes of Mental Health did find some interesting results in a recently completed study on the effects of social media on depression. As we’ve all witnessed, you can’t …

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Bitcoin inventor revealed as Australian Craig Wright

Bitcoin Craig Wright

Australian businessman Craig Wright has revealed he is the man behind the cryptocurrency Bitcoin, ending years of speculation. Bitcoin’s code was released in 2009 under the pseudonym Satoshi Nakamoto, and the true identity of Nakamoto was increasingly hard-sought as the virtual currency gained traction. Bitcoin was the top performing currency last year, …

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UK is world’s largest arms dealer, second only to USA

UK arms dealer weapons war

Britain continues to sell arms to countries that commit human rights abuses and is now ranked second in the world for weapons sales, a report shows. The Stockholm International Peace Research Institute (SIPRI) found the UK was second only to the United States in selling weapons in 2014. Britain’s biggest …

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US knew flight path of plane downed by Turkey – Putin

Russia Turkey Putin Erdogan

President Vladimir Putin said on Thursday that Russia had given prior information to the United States of the flight path of the plane downed by Turkey on the Syrian border. “The American side, which leads the coalition that Turkey belongs to, knew about the location and time of our planes’ …

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Russia rapidly increases its gold reserves

Gold reserves Russia

Russia’s appetite for gold accelerated last month, with the country adding the most to its reserves since at least March. The nation increased holdings to 42.4 million ounces from 41.4 million ounces in July, the central bank said on its website Friday. The amount bought was about the same as the 30.5 …

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Six banks fined $5.8 billion for market rigging

Citi JPMorgan Barclays RBS UBS

Editor’s note: these banks made billions more from their crimes, let alone received billions of $ in bailouts which the tax payers funded. So will we receive this money? Will any of these bankers ever go to jail for their crimes? If you or I committed the crimes that these bankers are guilty of we would …

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Animal cruelty: two horses die in ‘Australia’s biggest race’

Melbourne Cup Australia

One of Australia’s biggest sporting and cultural events, the Melbourne Cup, has been marred by the deaths of two horses that raced in the world-famous event today. Admire Rakti, the Japanese-owned horse that was the pre-race favourite to win, pulled up in the final turn and died in the stalls …

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ISIS leader is a CIA asset

ISIS Ibrahim Samarrai CIA agent

Chechen President Ramzan Kadyrov says the ISIS terrorist group’s leader, Ibrahim Samarrai who is known by the alias Abu Bakr al-Baghdadi, works for the US Central Intelligence Agency (CIA) and is financially supported by western secret services. “Baghdadi should take off his mask and declare loudly and clearly that he …

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EU funded BBC hit job on Nigel Farage and UKIP

BBC Panorama

If there was ever any doubt as to the political motivation of the BBC then the hit job on Nigel Farage by Panorama on 13th October should leave you in no doubt that BBC impartiality doesn’t exist. In a blatant attempt at character assassination they contacted people long-ago disassociated from …

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Argentina and China sign $1b currency swap deal

currency swap China Argentina

Argentina will receive the first tranche of yuan worth up to $1 billion in a massive currency swap with China before the end of this year. The deal will boost the troubled economy’s foreign reserves. It comes as part of a loan worth $11 billion signed in July by Argentina’s …

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Ecuador to replace the US dollar with its own digital currency

Ecuador Central Bank

Ecuador is planning to create the world’s first digital currency issued by the country’s central bank, in what is seen by many as a step to abandon the US dollar, the currency now used by the Central American country. The currency is expected to start circulating in December, according to …

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Wall Street banks are still ‘too big to fail’

Bank of America

The biggest banks still don’t have adequate bankruptcy plans to avoid precipitating another economic crisis, said U.S. regulators. Eleven of the nation’s largest banks still do not have viable bankruptcy plans that would avoid causing widespread economic damage, U.S. regulators said Tuesday in a sweeping admonition of Wall Street’s giants. The Federal …

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Russia demands Obama reply to claim Blackwater operating in Ukraine

Blackwater Ukraine

Earlier this week, Academi, the mercenary successor to Blackwater, told the German newspaper Zeit Online it does not have personnel on the ground in Ukraine assisting the junta in its effort to roll back opposition. Bild am Sonntag, the largest-selling Sunday newspaper in Germany, reported last Sunday the presence of 400 mercenaries from the …

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Vietnamese banker sentenced to death for fraud

Vietnam money

A Vietnamese former banker and his business associate have been sentenced to death for their part in the embezzlement of $25 million, state media has reported. The pair were among 11 defendants in the nine-day trial in Ho Chi Minh City, state media reported on Saturday, in a case that …

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JPMorgan’s epic fail on Twitter #AskJPM

jp morgan

JPMorgan canceled a question-and-answer session on Twitter Wednesday after receiving a barrage of critical questions skewering the multinational banking company for legal problems, foreclosure practices, and other ethical transgressions. Starting at least since last week, JPMorgan, the investment and services portion of financial behemoth JPMorgan Chase & Co, asked followers …

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CO2 eating lamp that runs on algae

algae lamp

Our atmosphere is filling up with CO2 and we seem to be the major cause of that. The generally accepted solution seems to be cutting back on emissions as quickly as possible, but implementing such cuts is problematic because everyone has to agree to do more, which essentially ends up costing …

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Russia accuses west of arming Mali “Al-Qaeda” rebels

Al Qaeda Mali

Define irony? Here is one, or rather two, tries. Back in the 1970s, it was none other than the US that armed the Taliban “freedom fighters” fighting against the USSR in the Soviet-Afghanistan war, only to see these same freedom fighters eventually and furiously turn against the same US that …

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The biggest price-fixing scandal ever

Libor

Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. We found this …

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Netanyahu and Romney have the same donors

Romney Netanyahu

A new investigation reveals that 19 of the Israeli premier’s wealthiest American donors have also given money to the US presidential candidate Mitt Romney or to his Republican Party. The investigation carried out by the Israeli Ha’aretz newspaper, found that 37 of Prime Minister Benjamin Netanyahu’s 46 donors during his battle for …

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