Search Results for: refugee crisis

OPEC alliance begins to crumble as price of oil plunges

Saudi Arabia oil

The past few weeks have seen the gradual breakup of the powerful international oil cartel of OPEC, the Organization of the Petroleum Exporting Countries. Comprised of twelve member-states, OPEC has been extremely influential in the oil industry, controlling prices and supply since its inception in 1960. The cartel is most …

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Australia to open embassy in Kiev and provide military assistance

Australia Tony Abbott

Australia will open an embassy in Kiev and is considering providing military assistance to Ukraine as it battles Russian-backed rebels, Prime Minister Tony Abbott has told Parliament. Mr Abbott said the “interim” embassy would support nine Australian Federal Police investigators who are in Ukraine investigating the Malaysia Airlines MH17 tragedy. …

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Physicist Stephen Hawking joins Israel boycott

Stephen Hawking

World renowned physicist Stephen Hawking has found himself in the midst of a media-fueled misunderstanding over his recent decision to boycott an international conference hosted by Israel in protest of that country’s treatment of Palestinians. Professor Hawking’s announcement that he has declined an invitation to headline the fifth annual Presidential …

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Gold, silver and a major October surprise – Celente

gold

Today top trends forecaster Gerald Celente told King World News, “They (central planners) are going to destroy the money, and they are going to do everything to try to keep the gold and silver markets down.”  Celente warned about a major “October surprise.” He cautioned, “Anything could happen at any time. …

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Iran sends 4,000 troops to aid Syria

Iran army

While the world awaits Russia’s formal response to last week’s US escalation in Syria (as Putin demonstratively arrived an hour late for talks on Syria with UK PM David Cameron) another country: Iran – fresh from an election in which moderate candidate Hassan Rohani became the new president – is …

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Iran and Russia officially ditch the dollar

Russian President Vladimir Putin with Iranian President Hassan Rouhani

Bank officials in Iran said on Sunday that a mechanism to transfer money to the country’s banks from Russia is now on stream. Gholam-Reza Panahi, the deputy governor for currency affairs of Bank Melli of Iran (BMI), said the mechanism enables Iranian exporters to transfer payments in rubles from their Russian …

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JP Morgan criminal CEO Jamie Dimon: “It’s a free f**king country”

Jamie Dimon testimony

“I’m an outspoken defender of the truth,” JPMorgan CEO Jamie Dimon feverishly maintains in an interview published today. In the interview, he continuously contends that the press and the country have it all wrong about JP Morgan. He seemingly separates JP Morgan out from the current-leading  American banking foe of Europe, Goldman …

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Propaganda of Hollywood: Iran vows lawsuit over lies in Argo film

Ben Affleck Argo

Iran plans to sue Hollywood over the Oscar-winning film ‘Argo’ over its “unrealistic portrayal” of the country. Iranian cultural official haves claimed the film is “a propaganda attack against [Iran’s] nation and entire humanity.” “Argo is made by three film-producing companies in Hollywood… the Islamic Republic of Iran is going …

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The four business gangs that run the US

US flag

If you’ve ever suspected politics is increasingly being run in the interests of big business, I have news: Jeffrey Sachs, a highly respected economist from Columbia University, agrees with you – at least in respect of the United States. In his book, The Price of Civilisation, he says the US economy …

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How Has the Coronavirus Pandemic Affected Safe Haven Assets?

While large-scale disasters such as the coronavirus pandemic can have a significant negative impact on the global economy, causing certain stocks and shares to plummet, there are certain investments that are more likely to retain or even gain value during times of severe market instability. Here, we’ll explore the concept …

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Chilcot: Tony Blair lied to the nation over Iraq war

Sir John Chilcot has said he does not believe Tony Blair was “straight with the nation” about his decisions in the run-up to the Iraq war. The chairman of the public inquiry into the 2003 conflict said the former prime minister had however been “emotionally truthful” in his account of …

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Deutsche Bank is finished, Lehman Brothers 2.0

Deutsche Bank

Deutsche Bank bosses face a formidable task to drag its shares off a 30-year low, with reassurances about its capital levels doing little to improve investor confidence and few other options on the table to trigger a recovery. Germany’s flagship lender has trailed its rivals in bouncing back from the …

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HSBC to axe 50,000 jobs

HSBC jobs

Just days after JPMorgan revealed it would fire another 5,000 by the end of the year in a “scalpel” headcount reduction, overnight the world’s favorite drug money laundering bank HSBC unleashed the “machete” and announced it would cut almost 50,000 workers, or one in five bankers, a move which would shrink the …

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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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EU has ‘blood on its hands’ over Ukraine – UKIP leader

Nigel Farage

UK Independence Party (UKIP) leader Nigel Farage speaks during a debate over Britain’s future in the European Union with British Deputy Prime Minister Nick Clegg in London on March 26, 2014. The EU has blood on its hands after meddling in the Ukrainian crisis, once again revealing its imperial ambitions, …

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Bank of England director warns: Bond bubble threatens financial system

Andrew Haldane

Bank of England Director: Andrew Haldane A key Bank of England policymaker has warned of the risks to global financial stability when “the biggest bond bubble in history” bursts. In a wide-ranging testimony to MPs, Andy Haldane, Bank of England director of financial stability, admitted the central bank’s new financial policy committee is taking …

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