Search Results for: deutsche bank

Australia’s Carbon Tax contributing to record business failures

Julia Gillard

Critics of carbon taxes, currently one of the most popular schemes for legally relieving people of their hard-earned money, are often dismissed as crazed doomsayers for suggesting that levies on carbon dioxide emissions — supposedly to save the planet from “global warming” — will have dire economic consequences for those …

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Ukraine bans currency trading due to hyperinflation

Ukraine currency trading ban hryvnia

The National Bank of Ukraine has banned banks from buying foreign currency for their clients until the end of the week in a fresh attempt to halt the national currency’s free fall. Hours after the measure was announced, Prime Minister Arseniy Yatsenyuk called for an emergency session of parliament to …

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Top Vatican adviser to Pope Francis, Cardinal Pell charged with sex abuse

Vatican Cardinal George Pell Pope Francis sex abuse

Australian police on Thursday charged Cardinal George Pell, a top adviser to Pope Francis, with multiple historical sex crimes, bringing a worldwide abuse scandal to the heart of the Vatican. As Vatican economy minister, Pell is the highest-ranking Church official to face such accusations. He asserted his innocence and said …

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5 Ways to Refinance Your Home When Your Credit Is Shot

You might be only a couple of years away from paying your mortgage loan off completely or have many decades before you will own your property free and clear. Obviously, you had to have had a decent credit rating in order to qualify for the purchase of a home, but …

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Russia & China sign currency swap deal worth $25 billion

Yuan China

The central banks of China and Russia have signed a 3-year ruble-yuan currency swap deal up to $25 billion, in order to boost trade using national currencies and lessen dependence on the dollar and euro. On Monday, China’s Central Bank announced the 150 billion yuan (815 billion ruble) currency swap …

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Will blockchain technology disrupt this $7 trillion industry?

Blockchain technology

Recently, I wrote about a small $100,000 trade of cheese and butter. Why? This one trade changed 400 years of history in just four hours. How so? Normally, it would take 10 days to handle the paperwork. But this trade concluded in less than four hours. The solution: a blockchain platform that …

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Why are the world’s wealthiest people buying gold?

George Soros gold elite world's wealthiest people

By Filip Karinja Seen as a wealth preservation asset during hard economic times and used as a monetary metal for thousands of years, gold is once again on the radar for the world’s elite. Gold is seen as a low risk safety asset and investors tend to shift their portfolio …

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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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#OpIsrael: Anonymous launches massive cyber assault on Israel

Anonymous OpIsrael

Hacktivist group Anonymous has launched a second massive cyber attack against Israel, dubbed #OpIsrael. The collective threatens to “disrupt and erase Israel from cyberspace” in protest over its mistreatment of Palestinians. Dozens of Israeli websites were unavailable as of early Sunday. In a video message posted on YouTube, Anonymous said …

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Spinning bad financial news into good – Paul Craig Roberts

unemployment numbers

Friday’s payroll jobs report says that 96,000 new jobs were created in August and that the unemployment rate (U.3) fell from 8.3% to 8.1%. As 96,000 new jobs are not enough to keep up with population growth, the decline in the U.3 unemployment rate was caused by 368,000 discouraged job …

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Paper gold & silver ponzi exposed – technical analysis

Anyone watching the gold and silver market understands that something is not right. An objective look at the fundamentals suggests that there seems to be no substance behind the recent downwards move. There has been a constant debate over the years on what drives the price of gold and silver. …

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Australia’s sub-prime scandal finally breaks wide open

Loan approved

A WA mortgage broker who got rich by “fudging figures” has blown the whistle on the banks that conspired in Australia’s own sub-prime mortgage scandal. In 2007 Kate Thompson was WA mortgage broker of the year. Now she is facing fraud charges. It is alleged Mortgage Miracles, in Canning Vale …

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Russia returns to precious metals market, buys tons of gold

Russia precious metals market buys tons of gold

In January, Russia continued to increase its gold reserves with a large purchase of more than one million troy ounces, Vesti.ru reports. In January, Russia increased its gold reserves by 37 metric tons, equivalent to more than a million troy ounces, Vesti.ru reported on Tuesday. As a whole, Russia’s foreign reserves grew by four percent …

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Another day, another US terror attack: airstrike kills 18 civilians in Syria

US airstrike Syria civilian casualties

More than a dozen civilians have lost their lives and several others sustained injuries when the US-led coalition purportedly fighting the Daesh Takfiri terrorist group conducted an aerial assault on Syria’s northeastern province of Dayr al-Zawr. Local sources told Syria’s official news agency, SANA, on Thursday that the airstrike targeted the village …

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Swiss to investigate manipulation of currency markets

Currency market

Swiss regulators are investigating a number of financial firms over the potential manipulation of currency markets, where £3tn changes hands every day. The regulator said that multiple banks around the world could be drawn into the investigation, which will raise fresh questions about the integrity of the markets. The Swiss Financial Market Supervisory …

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