Search Results for: money

The cancer diet

Healthy food cancer curing

If you ask most doctors today, nothing can heal cancer. They will try to cut it out, burn it and kill it. Sometimes they have success in temporally slowing down the inevitable. The reason why they will never have a cure is because as long as the root cause is …

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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 …

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Warren Buffett vs his gold bug father Howard Buffett

Warren Buffett gold derivatives

By Filip Karinja Warren Buffett’s distaste for gold is well known and promoted in the mainstream media. One thing that’s not well known or promoted is that Buffet’s father, Howard Buffett, a four-term Republican Congressman, believed in the role of gold as money and was a huge advocate for the gold …

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Ukraine bans currency trading due to hyperinflation

Ukraine currency trading ban hryvnia

The National Bank of Ukraine has banned banks from buying foreign currency for their clients until the end of the week in a fresh attempt to halt the national currency’s free fall. Hours after the measure was announced, Prime Minister Arseniy Yatsenyuk called for an emergency session of parliament to …

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How hackers stole $1billion from the banks

Carbanak bank hack

Hackers in Eastern Europe are bleeding banks dry, stealing as much as $1 billion from more than 100 financial institutions in a string of attacks that borrow heavily from targeted attacks against sensitive government and industrial targets. Researchers from Kaspersky Lab on Monday will present details on the Carbanak criminal gang, which …

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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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Sweden cuts rates below zero, launches QE

Sweden

Sweden has cut interest rates below zero and launched quantitative easing to fight deflation, becoming the latest Scandinavian state to join Europe’s escalating currency wars. The Riksbank caught markets by surprise, reducing the benchmark lending rate to minus 0.10pc and unveiled its first asset purchases, vowing to take further action …

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Greek banks get additional €10bn to counter ECB pressure

Greek bank

Banks in Greece have been given the go ahead to access an additional €10 billion in emergency funding from the Bank of Greece, according to a government official. This is a push-back from Athens demonstrating its intent to roll back austerity measures. “Greece does not aim to blackmail anyone but …

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Pentagon requests $534 billion for 2016, largest ever war budget

Pentagon budget

The White House will be seeking $534 billion from Congress to run the Pentagon in 2016 – its largest budget ever. However, a source told RT that the budget is actually closer to $1 trillion, and has been for several administrations. The Obama administration declared an end to “mindless austerity” …

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ECB to launch €1.1 trillion of quantitative easing

ECB Mario Draghi

Mario Draghi, president of the European Central Bank, has announced that he will pump €1.1tn at a rate of €60bn a month into financial markets until September 2016, in an attempt to prevent the fragile eurozone economy from grinding to a halt. In a keenly anticipated announcement at the ECB’s headquarters in …

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