Search Results for: Deutsche Bank

This is Europe’s scariest chart

Youth Unemployment Europe

Surging Greek and Portuguese bond yields? Plunging Italian bank stocks? The projected GDP of the Eurozone? In the grand scheme of things, while certainly disturbing, none of these data points actually tell us much about the secular shift within European society, and certainly are nothing that couldn’t be fixed if …

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Fiji ditches Queen’s birthday holiday

Queen

Former British colony Fiji has removed the British Queen’s birthday from its list of public holidays saying the occasion is unimportant and no more relevant. “The Queen’s birthday’s importance disappeared from Fiji when we became a republic and now our status is an independent nation,” Fiji Labour ministry spokesman Jone …

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Greece back to the Drachma?

Traders around the world have been staring at their Bloomberg screens, hardly believing their eyes. The electronic information platform has been showing details for possible Greek Drachma trading. The Bloomberg helpdesk described it as “an internal function which is set up to test.” The news comes in the wake of the …

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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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A quick fact sheet on some Bilderberg attendees

Bilderberg

On June 5, the London Evening Standard headlined “No minutes, no press conferences – just the world’s power brokers chewing the fat on the issues of the day. It’s the Bilderberg conference – and it’s coming to a suburb near you.” On June 6, it convened. It continues through June 9. It’s …

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A history of the world: BRIC by BRIC

Goldman Sachs — via economist Jim O’Neill — invented the concept of a rising new bloc on the planet: BRICS (Brazil, Russia, India, China, South Africa). Some cynics couldn’t help calling it the “Bloody Ridiculous Investment Concept.” Not really. Goldman now expects the BRICS countries to account for almost 40% of global gross domestic product …

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Australia joins list of nations selling bonds with negative yield

Flag Australia

Australia has this week joined the illustrious list of governments that have been able to borrow money at negative interest rates. The Australian Office of Financial Management, which manages the government’s debt programme, sold $200 million of inflation-linked bonds maturing in 2018 to 13 investors on Tuesday at a yield of …

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Fed to taper another $10 billion in QE

Janet Yellen

Janet Yellen’s first FOMC statement is out: Fed tapers another $10 billion/month beginning in April. Beginning in April, the Committee will add to its holdings of agency mortgage-backed securities at a pace of $25 billion per month rather than $30 billion per month, and will add to its holdings of …

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Yemen descends into total collapse as world watches on

Yemen collapse Cholera

Yemen is descending into total collapse, its people facing war, famine and a deadly outbreak of cholera, as the world watches, the UN aid chief said on Tuesday. Speaking to the UN Security Council, Stephen O’Brien said “the time is now” to end the world’s largest food emergency and put …

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Bitcoin and Gold’s First Kiss

The performance of Bitcoin in the last few years has made the once easily-dismissed digital currency a serious contender in the financial markets, even for those who don’t understand the basis for its value. While the concept may still be difficult to grasp (the cryptocurrency is notoriously difficult to explain …

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China hoarding gold to challenge the US dollar

China gold dragon

In a world filled with fiat currencies, how important is gold‘s role in the financial system? Proponents often view the precious metal as a hedge against economic chaos, while critics typically claim gold is hardly more than an unproductive rock. Interestingly, some countries appear to believe gold is quite important, …

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‘Remember, Remember’: Anonymous marks November 5 with hacks and protests

A worldwide day of protests and cyber attacks against governments, banks and security firms has been launched by Hacker collective Anonymous to mark Guy Fawkes Day. Hundreds of people marched in London, while another rally hit Washington, DC. Around 200 Anonymous supporters, according to RT’s London Bureau, assembled in London’s …

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US warns European governments against supporting Palestinians at UN

Mahmoud Abbas Palestine

Private memo threatens ‘significant negative consequences’ if Palestinian Authority succeeds in obtaining enhanced status. The United States has warned European governments against supporting a Palestinian bid for enhanced status at the United Nations, saying such a move “would be extremely counterproductive” and threatening “significant negative consequences” for the Palestinian Authority, including …

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DHS classifies new ammo purchases following controversy

Federal agency blacks out amount of bullets being bought. The Department of Homeland Security has redacted information relating to the quantity of bullets it is buying following a controversy concerning the agency’s purchase of over a billion rounds of ammo, which many fear is a sign the federal government is …

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The Euro Continues to Advance in 2018

The Euro had a good performance last year and managed to post solid gains, especially against the US dollar. The bullish trend continues at the present time, as the block currency is favoured by good economic developments and increasing prospects of an ECB monetary policy normalization. If we refer to …

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Bitcoin is now bigger than Bayer, Goldman Sachs & Nike

Bitcoin market cap Goldman Sachs

The value of the world’s largest cryptocurrency bitcoin has broken the $5,800 mark, hitting another all-time high before retreating to the $5,600-$5,700 level, still close to the maximum. Its market capitalization is approaching $97 billion. If bitcoin were a company, its market cap puts it in the same league as …

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