Search Results for: deutsche bank

Moody’s strips the UK of its AAA rating

Moody’s Investors Service has today downgraded the domestic- and foreign-currency government bond ratings of the United Kingdom by one notch to Aa1 from Aaa. The outlook on the ratings is now stable. The key interrelated drivers of today’s action are: 1. The continuing weakness in the UK’s medium-term growth outlook, …

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The super-rich are putting their money into this asset

Rich

The super-rich are looking to protect their wealth through buying record numbers of “Italian job” style gold bars, according to bullion experts. The number of 12.5kg gold bars being bought by wealthy customers has increased 243pc so far this year, when compared to the same period last year, said Rob …

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NSA sends all intel directly to Israel

Israel and USA flag

The US National Security Agency (NSA) directly sends all of the intelligence that it gathers to the Israeli regime, a political analyst tells Press TV. “We now know that all of the NSA’s spying is going directly to Israel,” James H. Fetzer, a professor at the University of Minnesota Duluth, …

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Protesters wreck Obama’s holiday in Hawaii

Obama holiday protest

Dozens of people gathered outside US President Barack Obama’s vacation residence in Hawaii to protest against his policies. The demonstration was organized near the Obamas’ rented house on Saturday, Reuters reported. The administration’s targeted killing program and high military spending were among the issues protested by the demonstrators. The protesters …

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Obama: ‘I’m really good at killing people’

Barak Obama-United States-Politics

President Obama’s use of drone warfare has received harsh criticism from both the right and the left. But according to a new book, the president is proud of his drone strikes. Double Down: Game Change 2012 , a book about the 2012 presidential campaign, claims that Obama told his aides he is …

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More NSA leakers following Snowden’s footsteps, whistleblower lawyer says

Jesselyn Radack

Several more current and former National Security Agency insiders, inspired by American fugitive Edward Snowden, have come forward as whistleblowers with details of the shadowy agency’s operations, according to an attorney at a whistleblower protection organization. “I think the government hopes to chill speech by employees in the national security and intelligence fields, …

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Citigroup braces for global recession, calls for QE in China

China QE Chinese yuan

China has bungled its attempt to slow the economy gently and is sliding into “imminent recession”, threatening to take the world with it over coming months, Citigroup has warned. Willem Buiter, the bank’s chief economist, said the country needs a major blast of fiscal spending financed by outright “helicopter” money …

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5 top economic advisers forecast world war

crystal ball prediction

Kyle Bass, Larry Edelson, Charles Nenner, Jim Rogers and Marc Faber predict widespread war Kyle Bass writes: Trillions of dollars of debts will be restructured and millions of financially prudent savers will lose large percentages of their real purchasing power at exactly the wrong time in their lives. Again, the world …

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Fed Vice Chair says bankers should be punished for financial crimes

Federal Reserve Vice Chairman Stanley Fischer

Federal Reserve Vice Chairman Stanley Fischer said bankers who have engaged in wrongdoing should be punished, and he chided the industry for pushing back against financial regulations adopted to prevent another conflagration. “Individuals should be punished for any misconduct they personally engaged in,” Fischer said in a speech to bankers …

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Land of Confusion

Music is sometimes the best way to get a message across, awaken minds and spread ideas. This cover by Disturbed of the song “Land of Confusion” (originally performed by the supergroup Genesis: see bottom page) really opens the mind and speaks to those already awake to the New World Order. …

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Rockefeller and Rothschild banking dynasties form partnership

Two of the best-known business clans in global finance are joining forces, with the Rothschild banking dynasty set to acquire a stake in the Rockefeller group’s wealth and asset management business. Chaired by Lord Jacob Rothschild, RIT Capital Partners is a £1.9 billion ($3 billion) investment trust, which mainly focuses …

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Negative interest rates are coming to America

Obama Bernanke Yellen

American savers have had it hard enough, earning next to nothing on bank deposits and money market funds. But could it get worse, with banks here charging depositors interest to hold their money and high-quality bonds yielding nothing at all? It might seem a curious question, given broad expectations for …

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British banker goes ‘American Psycho’ in Hong Kong

Rurik Jutting psycho

The excesses of 1980s New York investment banking as captured best (and with just a dose of hyperbole) by Bret Easton Ellis’s American Psycho may be long gone in the US, but they certainly are alive and well in other banking meccas, such as the one place where every financier …

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Europe: the real deal

The media is rife with misrepresentations and analysis of the EU. Here’s the real deal.  1)    The ECB is tapped out. Having provided over €1 trillion in funding via LTRO 1 and LTRO 2, taking on over €700 billion in PIIGS debt putting its own solvency at risk, it simply cannot …

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RBS: Sell everything, a market crash is coming

RBS sell everything Royal Bank of Scotland

Investors face a “cataclysmic year” where stock markets could fall by up to 20% and oil could slump to $16 a barrel, economists at the Royal Bank of Scotland have warned. In a note to its clients the bank said: “Sell everything except high quality bonds. This is about return of capital, not return …

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Citibank ordered to pay $700m over illegal credit card practices

Citibank

Citigroup Inc’s consumer bank has been ordered to pay $700 million (£450 million) in relief to borrowers for illegal credit card practices, the U.S. Consumer Financial Protection Bureau said. The CFPB, set up under the 2010 Dodd-Frank Act aimed at reforming Wall Street, has been cracking down in recent years on …

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We should write the global economic laws, not China – Obama

Obama Xi Jinping China

The laws of the global economy should be written by the United States and not by the likes of China according to President Obama, as concern over China’s influence is growing. Washington hopes a Pacific free trade pact will curb Beijing’s investment bank. “When 95 percent of our potential customers …

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500 rabbis urge Israel to stop demolition of Palestinian homes

Israel demolishes Palestinian homes

Over 500 rabbis from Israel, Britain, the US and Canada have called on the Israeli prime minister to stop demolishing Palestinian homes. Rabbis for Human Rights (RHR) say Benjamin Netanyahu‘s stance is against “international law and Jewish tradition.” RHR’s open letter came after the Israeli PM announced the destruction of …

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