Search Results for: federal reserve

Kim Dotcom set to revolutionize the internet

Kim Dotcom on Mega, Hollywood, the internet and copyright enforcement - video

A defiant Kim Dotcom vowed to win his upcoming extradition hearing during the Sunday night launch party for his new project, Mega. Dotcom, the founder of the now defunct file-storage site Megaupload, held a press conference Sunday evening at his Coatesville, New Zealand mansion in order to celebrate the unveiling …

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BitTorrent site isoHunt shutdown, forced to pay $110 million

isoHunt

After more than a decade of facilitating a search of BitTorrent files and eluding copyright enforcers, isoHunt has agreed to shut down all of its international operations and pay the entertainment industry US$110 million. Canadian Gary Fung, the site’s founder and operator, has ended his long legal battle with the …

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Royal coverup: Prince Andrew giving ‘zero’ cooperation in Epstein inquiry

Prince Andrew Jeffrey Epstein royal family

Prince Andrew has provided “zero” cooperation with the Jeffrey Epstein sex trafficking inquiry, US prosecutors said on Monday, despite earlier promises to help investigations in any way possible. Speaking outside Epstein’s Manhattan mansion, Geoffrey Berman, US attorney for the southern district of New York, said the agencies had contacted Andrew …

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Drones to surveil US population by 2015

drone

US authorities have presented a plan for the mass use of drones in American airspace. Though there have been few objections to the move so far, a global government surveillance drone program is likely to raise privacy concerns later on. The US Federal Aviation Administration (FAA) has presented a detailed plan for …

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Congressional report blames Corzine for MF Global’s collapse

Former MF Global CEO Jon Corzine Testifies To House Hearing On Company's Bankruptcy

Congressional investigators took aim on Wednesday at a former colleague, Jon S. Corzine, blaming the onetime senator’s risk-taking at MF Global for accelerating the brokerage firm’s demise. In excerpts from a broader MF Global report to be released on Thursday, Republican members of a Congressional panel outlined a withering critique of Mr. Corzine’s …

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Hacker publishes personal details of 20,000 FBI and 9,000 DHS staff

FBI hacked

A hacker has published the personal details of 20,000 Federal Bureau of Investigation agents and 9000 Department of Homeland Security officers online. The first wave of Department of Homeland Security data was published on Sunday, while the the FBI data appeared online just last night. In both cases the data is published to …

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One of many: $90 million silver bullion ponzi scheme exposed

The Commodity Futures Trading Commission is charging a South Carolina-based firm with operating a $90 million Ponzi scheme, fraudulently offering contracts on silver sales, but never actually purchasing any metal, the agency said late Wednesday. The CFTC charged Ronnie Gene Wilson and Atlantic Bullion & Coin, Inc, both of Easley, …

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United States puts its crosshairs on Russia

Russia Putin in meeting

Washington’s attack on Russia has moved beyond the boundary of the absurd into the realm of insanity. The New Chief of the US Broadcasting Board of Governors, Andrew Lack, has declared the Russian news service, RT, which broadcasts in multiple languages, to be a terrorist organisation equivalent to Boko Haram …

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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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Hillary Clinton may still end up in jail for her many crimes

Hillary Clinton jail crime

Hillary Clinton has repeatedly managed to escape from the arms of the law, but it appears that this time the former Democratic presidential nominee may be brought to justice, according to Wall Street analyst Charles Ortel, and it’s not the Clinton email case or her “pay-to-play” scheme. Hillary Clinton may …

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CIA taken to court over drone attacks

Drone

The American Civil Liberties Union (ACLU) will take the Central Intelligence Agency (CIA) to court over US President Barack Obama’s assassination drone strikes. The ACLU will go to a federal appeals court on Thursday after the US government refused to release documents related to the drone attacks, also known as …

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US drones killed 2,800 civilians in Pakistan in 7 years

A Pakistani human rights lawyer says over 2,800 of the 3,000 people killed over the past seven years in non-UN-sanctioned US assassination drone strikes in Pakistan were civilians, Press TV reports. Shahzad Akbar, the director of the Foundation for Fundamental Rights, told Press TV on Saturday that only 170 of the people …

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Shot congressman Rep Steve Scalise was actively seeking to stop pedophilia

Steve Scalise shot fighting pedophilia human trafficking

Rep. Steve Scalise, a congressional staffer, a lobbyist and a member of the Capitol police force were shot Wednesday in Alexandria, Virginia, during Republicans’ early-morning practice ahead of a charity baseball game. Federal law enforcement officials identified the alleged shooter as James Hodgkinson, 66, of Belleville, Illinois, who died following …

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Trust in mainstream media at all time low

Mainstream media

Americans have less trust in the mainstream media than ever before, according to the latest findings by Gallup. Only forty percent say they have any level of trust in the media to report accurately and fairly. The figure once again represents an all time low, and has significantly declined from a …

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China fires back in currency war, devalues yuan for second day running

China Yuan note coins

China stunned the world’s financial markets on Wednesday by devaluing the yuan for the second consecutive day, triggering fears that the world’s second largest economy is in worse shape than investors believed. The move sent fresh shockwaves through global markets, pushing shares sharply lower and sending commodity prices further into reverse …

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Deutsche Bank is finished, Lehman Brothers 2.0

Deutsche Bank

Deutsche Bank bosses face a formidable task to drag its shares off a 30-year low, with reassurances about its capital levels doing little to improve investor confidence and few other options on the table to trigger a recovery. Germany’s flagship lender has trailed its rivals in bouncing back from the …

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