Search Results for: imf

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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George Soros admits to funding the Ukraine crisis

George Soros

George Soros told CNN’s Fareed Zakaria over the weekend he is responsible for establishing a foundation in Ukraine that ultimately contributed to the overthrow of the country’s elected leader and the installation of a junta handpicked by the State Department. “First on Ukraine, one of the things that many people …

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Russia buys 900,000 ounces of gold worth $1.17 billion in April

Swiss gold

The Russian central bank has again increased its gold reserves by another 900,000 ounces worth $1.17 billion in April. Russia’s gold reserves rose to 34.4 million troy ounces in April, from 33.5 million troy ounces in March, the Russian central bank announced on its website yesterday. The value of its …

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We are headed to a one world government – Nigel Farage

In an incredibly powerful interview, today MEP (Member European Parliament) Nigel Farage told King World News, “They even want to get eurozone countries to change their constitutions, to write in their constitutions that they will obey all orders from Brussels.”   Farage also warned “So it is very, very difficult to ignore …

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Romanian president impeached

Romanian President Traian Basescu

Romanian MPs have voted to impeach President Traian Basescu, initiating a process that could oust the unpopular leader in a national referendum. Some 256 of the bicameral parliament’s 372 deputies voted to impeach Basescu, 114 voted against the motion, and two votes were canceled, the final count showed. Senate Speaker …

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China’s petroyuan set to knockout the petrodollar

Yuan Petroyuan dollar USD

From Filip Karinja, for Birch Gold Group This week the petrodollar was struck with a mighty blow. Russia’s third largest oil producer, Gazprom, announced that it will settle all crude sales to China in yuan, and thus officially ditch the dollar. With relations between China and Russia growing stronger by the day, …

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China is almost ready to replace the US dollar

Chinese Yuan world reserve currency

From Filip Karinja As the US dollar’s reign as global reserve currency appears to be ending, are we seeing the beginning of a new dawn in the east? Throughout history, global reserve currencies have proven to last for only so long. Before the United States’ currency reigned supreme, the currencies of …

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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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Cyprus banks to remain closed until Thursday

Bank of Cyprus

The Cypriot finance minister has ordered all the country’s banks to remain closed until Thursday, the country’s central bank announced. Just hours before the announcement late Monday, the central bank said all but two country’s largest banks would open on Tuesday morning. The postponement could be a sign that the …

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Russia becomes world’s largest gold buyer

Russia gold bars

Russia’s central bank is now the world’s top gold buyer after adding 356,000 ounces of the precious metals to its reserves in February, data from the International Monetary Fund (IMF) quoted by local paper Vedomosti (in Russian) shows. According to the report, the country — which has been hoarding bullion as of late — increased …

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Deutsche Bank is headed for collapse in Germany

Deutsche Bank

Is something about to happen in Germany that will shake the entire world? According to disturbing new intel that I have received, a major financial event in Germany could be imminent. Now when I say imminent, I do not mean to suggest that it will happen tomorrow. But I do …

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FIFA investigation is really an attack on Russia by the US

Sepp Blatter Putin World Cup Russia

Everyone knows that FIFA is corrupt, but why are they being investigated now and why from the United States of all places? The country where political, corporate and banking corruption is just part of doing business. Whilst on one level it’s good to see FIFA finally taken to the woodshed over their …

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Swiss study shows 147 corporations rule the world

147 companies rule the world

The Swiss Federal Institute (SFI) in Zurich released a study entitled “The Network of Global Corporate Control” that proves a small consortiums of corporations – mainly banks – run the world. A mere 147 corporations which form a “super entity” have control 40% of the world’s wealth; which is the real economy. …

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Federal Reserve can’t raise interest rates

Janet Yellen Federal Reserve QE4

From Filip Karinja, for Birch Gold Group On Thursday, the Federal Reserve announced that it will leave interest rates as is, right near zero percent. Fed Chair Janet Yellen cited recent volatility in markets and uncertainty overseas as reasons to hold off from a rate hike. Since December 2008, the Federal Reserve has lowered the interest …

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Greece to trigger collapse of fascist eurozone

Greece Eurozone Yanis Varoufakis

From Filip Karinja, for Birch Gold Group Greece is rapidly running out of money. In a last ditch effort to remain afloat, the nation recently passed a law requiring all cash reserves in public sector entities to be transferred to its central bank, the Bank of Greece. This is just the latest round …

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Russia admits it’s dumping USD and Euro for gold

Russia USD Euro Gold

Editor’s note: this article is sourced from RT so it’s straight from the Kremlin’s mouth  A message to other nations to follow suit perhaps? Russia is taking steps to ensure that it protects itself from any future dollar or euro sanctions. Moscow boasts the world’s 5th biggest foreign exchange reserves and …

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CIA and FBI agents ‘advising’ Ukraine government

Ukraine flag

Now that the situation in Ukraine has officially been upgraded to “war”, what really happens on the ground will remain largely wrapped by the fog of war on either side, with just one thing assured: a war it may be but more than anything it is a proxy war – one …

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