Search Results for: greece

Anti-Euro party may block Germany’s Merkel from victory

Alternative for Deutschland

The biggest threat to German chancellor Angela Merkel’s winning next Sunday’s elections may be a new anti-Euro party called Alternative For Deutschland. The latest INSA poll for the Bild newspaper chain shows the new party hitting the 5 percent percent threshold it needs to enter Germany’s parliament. Merkel’s coalition partner, …

Read More »

BitCoin seen through the eyes of a central banker

To us, the ECB’s superficial, amusing take on BitCoin was merely a source of (Friday) humor. To others, such as Tuur Demeester, the ECB’s report on “Virtual Currency Schemes” which was merely a confused attempt to validate the Euro by bashing a prototype electronic currency that others have written far more informed articles …

Read More »

$16,015,769,788,215.80

$5.4 trillion added under Obama. The United States Treasury reports that the total public outstanding debt is: $16,015,769,788,215.80. This is the first time in American history debt has eclipsed the $16 trillion mark. The debt has increased approximately $5.4 trillion since President Obama took office on January 20, 2009. Here’s a chart, from the …

Read More »

Are the Olympics worth the cost?

Olympic Games waste money

By Filip Karinja Making up the ‘B’ in the new BRICS trading block, Brazil is considered to be one of the world’s leading economies. Yet, in recent times, the South American nation has been plagued by political and economic turmoil. Now that the closing ceremony is over and the athletes have gone to …

Read More »

US Mint sells out of 2015 Silver Eagles

2015 Silver Eagle

In the aftermath of the latest breakout of the Greek crisis, Europeans across the continent, not just in Greece (even though with capital controls, potential deposit confiscation and currency devaluation they would have benefited by far the most), scrambled to buy physical gold and silver. This is what the UK Royal …

Read More »

Eurozone unemployment hits all-time high: 19 million out of work

Europe unemployment

People queue outside a government employment office in Burgos. Eurozone unemployment levels have hit 12 percent – the highest in the history of eurozone record-keeping, since the currency was launched in 1999. The average unemployment rate across the eurozone’s 17 constituent European Union countries rose from January’s initial 11.9 percent …

Read More »

Eurozone unemployment hits record-high 11.9%

Europe starving

Unemployed workers wait outside a government job centre in Madrid. Unemployment has hit unprecedented levels across Europe, with youth joblessness particularly high, according to a new EU report. Spain was hardest-hit: Overall unemployment was measured at over 20 percent, and youth joblessness was over 55 percent. The number of those …

Read More »

Hitlery Clinton to run for President in 2016

Hillary Clinton 2016 president bid confirmed

Angelo Tsakopoulos, a close friend and top political donor to the Clintons as well as the Democratic Party, confirmed that Hillary Clinton will seek the Democratic nomination in the next Presidential election. Tsakopoulos told Greek Reporter that the former Secretary of State will run for President in 2016, putting an end to …

Read More »

Greenspan: a crisis is imminent, urges a return to the gold standard

Greenspan brisis Brexit

On Friday afternoon, after the shocking Brexit referendum, while being interviewed by CNBC Alan Greenspan stunned his hosts when he said that things are about as bad as he has ever seen. “This is the worst period, I recall since I’ve been in public service. There’s nothing like it, including the crisis …

Read More »

Australian banks at risk

big four banks Australia

Despite yesterday’s blowout $6 billion or so profit from ANZ, it turns out all is not entirely well in Australia’s financial services industry. For the last five years, the pattern in the markets has been the same. A crisis starts at the margin, with a peripheral player, and then moves …

Read More »

How Market Volatility Affects the Global Banking System

How Market volatility ahead global banking system

We are all aware that the wizard behind the proverbial curtain is represented by the banks in these modern times. Whether referring to interest rates, international monetary policies or inflation, the fact of the matter is that these institutions impact our daily lives. One of the catch phrases associated with …

Read More »

Lord Rothschild: big problems ahead in 2016

Lord Rothschild

As central bank policy-makers’ forecasts have become more pessimistic (i.e. more realistic), Lord Rothschild is unsurprised at the current malaise: “not surprisingly, market conditions have deteriorated further…So much so that the wind is certainly not behind us; indeed we may well be in the eye of a storm.” On this basis, …

Read More »

Rothschild puppet George Soros pushing for war with Russia

George Soros wants war with Russia

American and EU leaders are making a “grievous error” by taking Russian President Vladimir Putin for their ally in the fight against ISIS, billionaire investor and Rothschild gopher George Soros has stated. Putin’s real aim is the EU’s disintegration, Soros alleged. In an opinion piece for Project-syndicate.org, the billionaire stated that “the best …

Read More »

US preparing for war with China and Russia to save the banks

Obama Putin Xi Ping

The United States is preparing for a possible war against China and Russia aimed at preventing the collapse of the Western banking system, an American political commentator and activist says. Michael Billington, Asia editor for the Executive Intelligence Review and author of Reflections of an American Political Prisoner: the Repression and Promise of …

Read More »

Japan: 43% of tax revenue spent to cover interest on debt

Tax debt Japan

It’s entirely possible that we may see interstellar space travel in our lifetime. And what a dream that would be. But in the meantime, for anyone that’s losing patience with space technology, I would recommend you visit Japan. Because for anybody that has been here, this place is as close …

Read More »

Big Pharma giant GlaxoSmithKline caught bribing doctors to boost sales

gsk

Britain’s biggest drug company, GlaxoSmithKline, allegedly bribed doctors in Poland using money that was meant to be spent on educating patients, according to new evidence revealed today by the BBC Panorama programme. A GSK whistleblower claims that money put aside to teach patients in Poland about an asthma drug, Seretide, …

Read More »

United States voted the greatest threat to world peace – poll

Obama

US President Barack Obama The US has been voted as the most significant threat to world peace in a survey across 68 different countries. Anti-American sentiment was not only recorded in antagonistic countries, but also in many allied NATO partners like Turkey and Greece. A global survey conducted by the Worldwide Independent …

Read More »

Anonymous plans ‘Million Mask March’ on Washington Nov 5th

Guy Fawkes V

Demonstrators hope that one million masked activists will descend on Washington, DC next month to celebrate Guy Fawkes Day with a mass rally to remind the world “That fairness, justice and freedom are more than just words.” That’s the mission statement of the “Million Mask March,” an event scheduled for …

Read More »