Search Results for: war on cash

Sweden aims to be cashless society

With just three per cent of all financial transactions involving cash, country moves to eliminate physical legal tender. Swedes are among the technologically savvy people on the planet, based on their high rates of use of mobile phones and internet banking. In fact, only three per cent of all financial …

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NatWest bank may start charging customers to hold cash

NatWest bank charge customers hold cash

NatWest has said it may start charging customers to hold cash if the economy takes a tumble. The bank warned more than one million of its customers it could introduce negative interest rates if that were to happen. This would mean customers are effectively paying the bank to hold their …

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Cash-strapped Saudi Arabia looking to issue $15 billion in bonds

Saudi Arabia bond sale

Last week the bond market was stunned by the unprecedented demand for sovereign paper issued by the middle-eastern nation of Qatar, which announced it would issue $9 billion in Eurobonds (in three maturities), more than double what had been originally expected by the market, and well below the total demand …

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Saudi Arabia: US blew up World Trade Center to create ‘War on Terror’

World Trade Center Saudi Arabia

The Saudi press is still furious over the U.S. Senate’s unanimous vote approving a bill that allows the families of 9/11 victims to sue Saudi Arabia. This time, the London-based Al-Hayat daily has claimed that the U.S. planned the attacks on the World Trade Center in order to create a global war on terror.  The article, written by Saudi …

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Who’s wars is America fighting anyway?

American and Israeli Flags over the U.S. Capitol - RTXL7AW.jpg

Americans have been shamed many times by their elected representatives who cravenly bow to vested interests and betray the American people. But no previous disgraceful behavior can match the public shame brought to Americans by the behavior of the Senate Republicans in the confirmation hearing of Senator Chuck Hagel as …

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Italy to ban cash transactions over €50 in 2013

Italian flag

You won’t even be able to fill up your car without a credit or debit card in Italy beginning in 2013, as the Italian Council of Ministers has voted to increase the current capital controls banning the use of cash on transactions over €1,000, down to any transaction over €50! As …

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Israel looking to become the first cashless society

Israeli currency

The government on Tuesday authorized establishment of a committee that will examine ways to eliminate cash from the Israeli economy – the better to prevent citizens from cheating on their taxes. The committee will be chaired by Harel Locker, director of the Prime Minister’s Office. Cash is easily passed from …

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5 top economic advisers forecast world war

crystal ball prediction

Kyle Bass, Larry Edelson, Charles Nenner, Jim Rogers and Marc Faber predict widespread war Kyle Bass writes: Trillions of dollars of debts will be restructured and millions of financially prudent savers will lose large percentages of their real purchasing power at exactly the wrong time in their lives. Again, the world …

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HSBC is broke; restricts large cash withdrawals

HSBC sign

Following research last week suggesting that HSBC has a major capital shortfall, the fact that several farmer’s co-ops were unable to pay back depositors in China, and, of course, the liquidity crisis in China itself, news from the BBC that HSBC is imposing restrictions on large cash withdrawals raising a …

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Why Qatar is being targeted, petro-yuan dominance & the coming war on Iran

Qatar oil and gas field

Qatar hasn’t been playing ball with the US-approved, Saudi-led ‘isolate Iran’ program. Partly because Doha has made independence from Riyadh a hallmark of its foreign policy, but mostly because Qatar and Iran share the world’s largest natural gas field. US President Donald Trump’s speech to the assembled Gulf leaders in …

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Iran is preparing to ditch US dollar in international trade

Iran ditch US dollar international trade

After US President Donald Trump included Iran on a list of Muslim-majority countries facing a temporary immigration ban, Tehran responded by threatening to stop using the American dollar. Iran would either introduce a new common currency, in place of the US dollar, or use a portfolio of various currencies in foreign exchange and financial …

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80 nations condemn US bombing of hospital and related war crimes

US bombing war crimes

Saudi Arabia, the United States, and their allies have developed a nasty habit of “epidemic” proportions in various military theaters, particularly around the Middle East — bombing hospitals, healthcare facilities, and, in at least one instance, an ambulance. But despite countless pleas from humanitarian organization Médicins Sans Frontières (MSF, Doctors …

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U.S. moving nuclear warheads into Germany to target Russia

B61-12 nuclear bomb

With plans to go to war with Russia, the U.S. will station new atomic weapons and 20 new nuclear bombs in Germany, according to Tuesday reports from Germany’s ZDF public television network. Each of the 20 new American nuclear bombs are four times the destructive power of the one that was used on Hiroshima …

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Memorial Day: our soldiers died for the profit of the bankers

War protest we won't fight another rich man's war

Memorial Day commemorates soldiers killed in war. We are told that the war dead died for us and our freedom. US Marine General Smedley Butler challenged this view. He said that our soldiers died for the profits of the bankers, Wall Street, Standard Oil, and the United Fruit Company. Here …

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US drone strikes declared a ‘war crime’ by judge

Obama drone strike

Former New Jersey Superior Court Judge Andrew Napolitano has blasted President Obama over the revelations that a drone strike he sanctioned killed hostages being held prisoner by al Qaeda in Pakistan. The Libertarian pundit did not mince words, calling Obama’s actions “a war crime.” “I condemn, in words as strong …

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American Sniper: Hollywood war porn propaganda

American Sniper propaganda

Following the release of Clint Eastwood’s American Sniper, the masses of America have been chomping at the bit to slaughter Muslims. The film, which portrays the deadliest sniper in United States history, is a hit among the sect of Americans that tends to demonize Hollywood for being too liberal and anti-American. But …

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Who will profit from the wars in Iraq and Syria?

Fighter jet

If there’s one thing we should have learned over the past 13 years of war, it’s that war is good business for those in the business of war. Unfortunately, while profits for the Pentagon’s contractors increase, so does the cost to taxpayers in billions in waste, fraud, and abuse. As …

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Snowden documents to be released in July to prevent a major war

Snowden bus

All of the National Security Agency files accessed by former contractor Edward Snowden could be published in the month of July if vaguely worded predictions tweeted this week from the digital library site Cryptome prove to be correct. A series of micro-messages published by the website — a portal for …

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Time is up for war criminal Tony Blair

Tony Blair Chilcot report Iraq war crimes

Although Chilcot was not the Establishment cover-up which many feared, it’s also true that it doesn’t tell us much that we didn’t already know. The long-awaited and much-delayed Chilcot report, published today, provides a damning indictment of the New Labour government of Tony Blair and the lies that were told in …

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