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US dollar will not survive 2015

US dollar burning

Editor’s note: by ‘survive’ we are referring to the fact that the US dollar will soon lose major purchasing power. Just like it has lost over 98% since the Federal Reserve came into being in 1913. By Jim Willie, GoldenJackass.com In the closing months of 2014, on numerous occasions the position …

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Volkswagen to pay $2.8 bn fine in diesel emissions scandal

Volkswagen diesel emissions scandal

German carmaker Volkswagen will pay a $2.8 billion criminal penalty for cheating on diesel emissions test, in a negotiated settlement with the US Justice Department. US District Judge Sean Cox ordered the fine on Friday, following the terms of the deal in which Volkswagen pleaded guilty to conspiracy and obstruction …

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Livestream of WikiLeaks bombshell on Hillary Clinton

hillary-clinton-wikileaks-julian-assange

Wikileaks is set to make a huge announcement during German daylight hours, which would be early in the morning for the US, and it’s reported the announcement pertains to a huge data dump that exposes more of Hillary Clinton’s crimes. “People have a right to understand who it is they’re electing,” said …

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NSA hacked the phones of 35 world leaders

White House press secretary Jay Carney

The NSA memo suggests that such surveillance was not isolated as the agency routinely monitors world leaders. The National Security Agency monitored the phone conversations of 35 world leaders after being given the numbers by an official in another US government department, according to a classified document provided by whistleblower …

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What happens after Brexit?

When it comes to “Plan B” Europe is funny: it never has one. The best example is, of course, Greece most notably from an April 2013 press conference, when Mario Draghi responded to a question from Zero Hedge readers about a worst case scenario for Greece. This was the exchange that …

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Is another false flag attack coming?

False-flag attacks are an example of the political technique known as Problem-Reaction-Solution.  1) Create a problem 2) Wait for the reaction 3) Provide the solution The most popular type of false-flag attack is where a government actually carries out an attack, such as a terrorist attack, against it’s own people, then blames it on …

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‘Leave Euro, reclaim your democracy!’ Nigel Farage to Tsipras

Nigel Farage speech Euro EU

UKIP leader Nigel Farage gave a rousing speech in front of the European Parliament in Strasbourg today during which he directly told Greece’s Prime Minister Alexis Tsipras to lead the Greek people out of the Eurozone and reclaim the country’s democracy. Farage told Tsipras that his country should have never …

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Team 9/11: Israeli Mossad and Saudi Arabia planning attack on Iran

Team-9-11-Israeli-Mossad-and-Saudi-Arabia

Israel’s Mossad, along with Saudi officials, is working on contingency plans that could include an attack on Iran if its nuclear program is not curbed enough during the negotiations in Geneva this week, a new report has revealed. Both powers have expressed concern that restrictions on Iran’s nuclear program will …

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Cyprus banks to remain shut until Tuesday amid bailout crisis

Protesters raise their open palms showing the word "No" during an anti-bailout rally in Nicosia

Banks in Cyprus will remain closed until Tuesday as the country tries to avert financial meltdown after rejecting the terms of a controversial bailout, turning instead to Russia for help. An official said banks, which been shut for days amid fears of a run on savings, will stay closed on Thursday …

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UN prepares to vote on Palestinian status

United Nations General Assembly

The UN General Assembly is due to vote on Palestine’s status upgrade to a non-member observer state. Many UN members have thrown their support behind the resolution, while the US branded it as counterproductive to the Israel-Palestine peace effort. The Palestine Authority expects broad support of the enhanced status amongst …

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Russia to start pricing oil in their own currency

Russia oil trading currency ruble Putin

It appears Russia is close to taking the next big step towards de-dollarization and killing the petro-dollar as Vladimir Putin‘s “dream” of ruble-based pricing of its domestically-produced oil is on the verge of realization. SPIMEX (The St. Petersburg International Mercantile Exchange) is actively courting international oil traders to join its emerging …

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Doug Casey: The problem is government

US Government

I give a good number of speeches each year. For some time I’ve asked audiences a question: “What useful purpose does the U.S. government serve?” I do that not to be challenging or provocative, but to actually find out if anyone else can think of a useful purpose the government …

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IMF forgives Ukraine’s debt to Russia

IMF Christine Lagarde Ukraine debt

On December 8, the IMF’s Chief Spokesman Gerry Rice sent a note saying: “The IMF’s Executive Board met today and agreed to change the current policy on non-toleration of arrears to official creditors. We will provide details on the scope and rationale for this policy change in the next day …

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IMF set to add Chinese yuan to SDR currency basket

Chinese yuan

China’s currency, the yuan seems to be on track to be included in the International Monetary Fund‘s benchmark currency basket, putting it on par with the dollar, euro and pound sterling. A draft report by IMF staff who have been assessing the yuan’s technical criteria seems to be favourable. Three …

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Greece likely to leave Eurozone and EU

Greece EU Grexit Athens

The Greek central bank warned Wednesday that the country could crash out of the eurozone and even the European Union if it fails to reach a bailout deal with international creditors. In one of the starkest warnings so far from a Greek institution, the Bank of Greece said: “Failure to …

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MegaNet: Kim Dotcom’s plan for uncensored, people-powered internet

Kim Dotcom MegaNet

Kim Dotcom‘s dream of a people-powered, censorship-resistant Internet will rely on the goodwill of supporters to get off the ground. In an announcement this morning, the entrepreneur confirmed that his MegaNet project will seek equity via a crowd-funding campaign set to launch on the January 2016 anniversary of the raid …

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Texas wants its gold back from the Federal Reserve

Texas flag gold

From Filip Karinja, for Birch Gold Group In the past few years, we’ve seen a groundswell of nations demanding their gold back from the New York Federal Reserve. Already, that list includes Germany, Austria, Netherlands, Belgium and Venezuela. Now another place is joining the list, but it isn’t a country: It’s …

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Greece to tax cash withdrawals

Greece cash bank run ATM

Greece has revealed it will introduce a surcharge for all cashpoint withdrawals and financial transactions in a desperate attempt to prevent citizens withdrawing their money from the country’s beleaguered banks. Ministers hope the controversial move could raise as much as €180 million, which the Athens government hopes will help the country …

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