Search Results for: money

Here is What the Banks Don’t Want You to Know

Transfer money abroad

As far as we can remember, banks have been the go-to option for wiring money abroad or domestically. Unfortunately, this method of sending money back and forth is neither efficient nor cost-effective. For starters, bank wire transfers are expensive and time-consuming. Banks and financial institutions typically charge high fees for …

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The British Royal Family is costing taxpayers more than ever

The British Royal Family costing taxpayers UK

Taxpayers in the United Kingdom are paying more money than ever for the Royal Family. The latest Sovereign Grant accounts were published early last week and they show that the monarchy cost £67 million ($86 million) in 2018-19 – a 41 percent increase on the previous financial year. Statista’s Niall McCarthy notes one interesting …

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World’s first Bitcoin bank opens in Austrian capital Vienna

Bitcoin bank Austria Vienna digital currency

The world’s first dedicated bitcoin bank has opened in the center of the Austrian capital Vienna. It is designed to make buying and selling bitcoin easier and safer than other in-person options. The digital currency outlet is owned and managed by a local Blockchain startup Bit Trust and is named …

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‘If trade stops, war starts,’ warns Alibaba founder Jack Ma

Alibaba Jack Ma trade war

Retreat from globalization will only result in trouble, warned China’s second richest man Jack Ma during a visit to Australia. “Everybody is concerned about trade wars. If trade stops, war starts,” he said in Melbourne, where the e-commerce giant Alibaba opened its Australia and New Zealand headquarters. “But worry doesn’t …

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Hungary plans to crack down on George Soros run NGOs

George Soros NGOs Hungary

Hungary plans to crack down on non-governmental organizations linked to billionaire George Soros now that Donald Trump will occupy the White House, according to the deputy head of Prime Minister Viktor Orban’s party. The European Union member will use “all the tools at its disposal” to “sweep out” NGOs funded …

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4 ways to reach financial independence

Simply put, financial independence is defined as having enough wealth to sustain your lifestyle for the foreseeable future. You can achieve financial independence by having enough saved up to last you a lifetime or by having sufficient passive income streams to support you. In this post, we’ve highlighted the four …

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MPs seek to impeach Tony Blair over the illegal Iraq war

Tony Blair Chilcot report Iraq war impeach

A number of MPs are seeking to impeach former prime minister Tony Blair using an ancient Parliamentary law. The move, which has cross-party support, could be launched in the aftermath of the Chilcot Inquiry report because of the Labour leader’s alleged role in misleading Parliament over the Iraq War. MPs believe Mr Blair, who …

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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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