|
Latest Articles: Business/Finance
20-20 Hindsight: Censorship on the Frontline - Money Never Sleeps on Wall Street
Post Date: 2014-07-10 22:57:50 by Southern Style
0 Comments
Portugal's Largest Bank Misses Bond Payment; Bonds Collapse
Post Date: 2014-07-10 08:19:08 by Jethro Tull
2 Comments
Portugal's Largest Bank Misses Bond Payment; Bonds Collapse Submitted by Tyler Durden on 07/09/2014 08:42 -0400BondCommercial PaperNewspaperPortugal lang: en_U Brussels, we have a problem. As we warned 6 weeks ago, Espirito Santo International SA - is in a "serious financial condition" according to a central bank driven external audit by KPMG identified "irregularities in its accounts." Sure enough, the 'ponzi-like' maneuvers have left the bank unable to pay its bonds as Bloomberg reports bonds plunged to record lows after a parent company delayed payments on short-term notes. More importantly, given the divisively dependent nature of the ...
When Wall Street Joins Hands With the NSA
Post Date: 2014-07-09 17:46:00 by BTP Holdings
0 Comments
July 9, 2014 •Nightmare scenario: Hackers zero out account balances •Behind a seamy deal between the finance industry and the ex-NSA chief •Why a correction is likely, but a crash is not •Oil: As if Iraq didn't blow up last month •Credit card comeback... the ins and outs of buying wine online... another contributor to the decline of small business... and more! Imagine logging in to the website of your bank or brokerage. Once you type in your password and click "enter," you're greeted with the following: Account balance $0.00 You call the bank, but instead of landing in automated-phone-prompt hell, you get something worse -- a busy signal. It ...
Ruble and Yuan to pave the way for US dollar substitution - expert
Post Date: 2014-07-08 22:41:54 by Tatarewicz
0 Comments
© Collage: "Voice of Russia" Recently the western media, namely The Financial Times, have found out that Gazprom and other Russian-state companies are switching their export operations to yuans and rubles. The most common reaction was that Gazprom is trying to do something stupid and unachievable. Peter Koenig, financial pundit, former World Bank staff and a Voice of Russia regular, told about the hottest trend of global finance: de-dollarization. He also commented on the financial blowback and unintended consequences of the US sanctions and hostile actions against countries in Europe and South America. "The move towards trading in other currencies than US dollars ...
Switzerland gets the edge on EU with China trade deal
Post Date: 2014-07-07 01:56:26 by Tatarewicz
0 Comments
Basel (Switzerland) (AFP) - Switzerland has one-upped its European Union neighbours with a free trade deal with China that its politicians and business sector say is crucial to boosting ties with the world's second-largest economy. The free trade agreement (FTA), in force since Tuesday, is China's first with a mainland European country and was sealed in 2013 after two years of talks. "We look to the huge Chinese market, but on the other side, China will find in Switzerland partners on a top technology level and a top innovation level," said Economy Minister Johann Schneider-Ammann, as he marked the start of the FTA with Chinese officials in Basel. The deal will cut ...
Coming to U.S. for Baby, and Womb to Carry It
Post Date: 2014-07-06 10:44:24 by scrapper2
0 Comments
At home in Lisbon, a gay couple invited friends over to a birthday celebration, and at the end of the evening shared a surprise — an ultrasound image of their baby, moving around in the belly of a woman in Pennsylvania being paid to carry their child. “Everyone was shocked, and asked everything about how we do this,” said Paulo, who spoke on the condition that neither his last name nor that of his husband, João, be used since what they were doing is a crime in Portugal. While babies through surrogacy have become increasingly common in the United States, with celebrities like Elton John, Sarah Jessica Parker and Jimmy Fallon openly discussing how they started a ...
Economy tops agenda of Merkel's visit to China
Post Date: 2014-07-05 22:51:10 by Tatarewicz
3 Comments
BERLIN, July 5 (Xinhua) -- Angela Merkel is paying another visit to China this weekend - her 7th trip to the Asian powerhouse as German Chancellor, leading a high-level economic delegation. German analysts believed Merkel's trip is aimed at keeping the dynamic in the current Sino-German relations going further. Given that the bilateral economic relationship has quickly developed, economy is widely regarded as the focus of the chancellor's visit. FREQUENT HIGH-LEVEL EXCHANGES How much China means to Germany is obvious given the number of trips that Merkel has made to the country,German media commented. In recent years, China and Germany have maintained frequent exchanges of ...
Six months after marijuana legalization: Colorado tax revenue skyrockets as crime falls
Post Date: 2014-07-04 09:50:03 by Ada
2 Comments
DENVER (Reuters) – At the Native Roots Apothecary, a discreet marijuana shop in a grand old building in Denver’s busy 16th street shopping mall, business is so brisk that customers are given a number before taking a seat to wait their turn. There are young men in ball caps, nervous-looking professionals in suits, and the frail and elderly. Staff say customers have been flocking to their outlets since Colorado voted to allow recreational pot use for adults from January. Six months on, Colorado’s marijuana shops are mushrooming, with support from local consumers, weed tourists and federal government taking a wait-and-see attitude. Tax dollars are pouring in, crime is ...
South Korea, China agree to direct trade in national currencies
Post Date: 2014-07-04 08:39:01 by Jethro Tull
0 Comments
South Korea, China agree to direct trade in national currencies Published time: July 04, 2014 11:05 Get short URL Reuters/Petar Kujundzic Tags Currencies, Economy, South Korea South Korea and China have agreed to create a market for direct trading of the yuan and won, which is hoped, will help reduce the pressure of the US dollar, as well as cut foreign exchange costs and boost bilateral investment. The memorandum of understanding (MOU) between China's central bank and the Bank of Korea to create a yuan clearing system was signed during Chinese President Xi Jinping's visit to South Korea on Thursday. The leaders of both countries pledged to sign an ...
One winner in U.S. Marshals bitcoin sale, identity not known
Post Date: 2014-07-03 21:51:34 by Tatarewicz
1 Comments
(Reuters) - The U.S. Marshals Service had one winner in its auction of nearly 30,000 bitcoin, a spokeswoman said on Tuesday, without revealing the name of the successful bidder. The U.S. Marshals Service held an auction on Friday for 29,655 bitcoin seized during a raid on Silk Road, an Internet black-market bazaar where authorities say illegal drugs and other goods could be obtained. The winner was notified on Monday evening and the transfer of bitcoin took place Tuesday, according to Lynzey Donahue, spokeswoman for the USMS. The auction drew 63 bids from 45 registered bidders on Friday. The price of bitcoin rose on Tuesday, adding to Monday's gains. It was last priced at $652.02, ...
BRICS is morphing into an anti-dollar alliance
Post Date: 2014-07-03 07:02:24 by Tatarewicz
3 Comments
Фото: РИА Новости VoiceOfRussia... Before the crucial visit to Beijing next week, the governor of the Russian Central Bank, Elvira Nabiullina met Vladimir Putin to report on the progress of the upcoming ruble-yuan swap deal with the People's Bank of China and Kremlin used the meeting to let the world know about the technical details of its international anti-dollar alliance. On June 10th, Sergey Glaziev, Putin's economy advisor published an article outlining the need to establish an international alliance of countries willing to get rid of the dollar in international trade and refrain from using ...
36 U.S. Cities 'Dump' the Dollar - You Have To See This Story
Post Date: 2014-07-02 17:10:24 by BTP Holdings
1 Comments
You have to see this story. 36 cities in 20 states are turning their back on the U.S. dollar. This is happening right here in America. And it's a quickly developing situation. Recently, Warren Buffett warned that people should "fear paper money." When you see this story you'll see why he's right. But let me warn you. This is extremely controversial. However, you need to understand what's happening. Click here to read this story. pro.moneymappress.com/NVXBITCOIN2014/LNVXQ705/?h=true Regards, Mike Ward Publisher, Money Morning Poster Comment:The Dollar is on the skids. ;)
Hungary says will not suspend South Stream pipeline.
Post Date: 2014-07-02 05:34:19 by Tatarewicz
0 Comments
(AFP) - Hungarian Prime Minister Viktor Orban said Tuesday his country would not give up on Russia's controversial South Stream gas pipeline project as it was key to securing the country's energy supplies. The crisis in Ukraine has made the planned pipeline bringing Siberian gas to the European Union -- bypassing Ukraine -- a new focus of tensions between Moscow, Brussels and Washington. "We will not allow ourselves to get into a situation that our gas supplies depend on Ukraine," Orban told reporters after talks with his Serbian counterpart Aleksandar Vucic. "Hungary will build up South Stream as it will secure our energy supplies," he said. Orban said that ...
DOW 17,000
Post Date: 2014-07-01 14:08:46 by Jethro Tull
9 Comments
What goes up, must come down. Right?
America's Evolving Look: Census Shows White Deaths Outpace Births
Post Date: 2014-07-01 09:53:29 by Ada
0 Comments
Other factors underscoring a changing country include a baby boom in big cities. For the second year in a row, the number of non-Hispanic white deaths in 2013 outweighed the number of white births, signaling an increasingly older and diversified American public. It is a trend that’s likely to continue for a while, as traditionally minority groups become the majority of the U.S. population. As a result of its slower growth rate, compared with other groups, the number of non-Hispanic white individuals declined to 62.6 percent of the total overall population in 2013 from 63 percent in 2012, according to recent figures from the Census Bureau. “As we move forward we’re ...
Insults And Vengeance. You Know: The Usual
Post Date: 2014-07-01 05:56:33 by Ada
0 Comments
Another horrible Father’s Day is now receding into the foggy haze of my failing memory, although the sting of shame still burns hot as ever. I mean, it is one thing for my loving children to give me a coffee mug that says “World’s Worst Father” on it, for the fifteenth tiresome Father’s Day in a row, but it was cracked, too! They put tape over the crack! Useless from every angle! So, after that fascinating story, you can see that I obviously happen to be an expert at insults, and probably as a result I have spent a lot of time productively and happily heaping scorn and vile contempt on the evil Federal Reserve, and their Keynesian economic stupidities, over the ...
ABUSE OF POWER BY GIGANTIC CORPORATION COMES AS TOTAL SURPRISE
Post Date: 2014-06-30 11:35:37 by Lorie Meacham
1 Comments
MENLO PARK (The Borowitz Report)—Millions of Americans awoke on Monday to the shocking news that a gigantic corporation with unprecedented power over their lives had allegedly abused that power for commercial gain. Across the United States, stunned consumers were shaking their heads in disbelief after learning that a gargantuan company whose explicit goal is to make as many billions of dollars as possible through any means available would put its own interests ahead of those of its customers. “It never would have occurred to me that an enormous corporation with the ability to track over half a billion customers would ever exploit that advantage in any way,” said Harland ...
Surprise surprise! There’s been yet another banker death, and once again, this victim is a JP Morgan banker.
Post Date: 2014-06-30 09:35:29 by Lorie Meacham
0 Comments
Surprise surprise! There’s been yet another banker death, and once again, this victim is a JP Morgan banker. On this time, rather than jumping off buildings or in front of trains, the victim, 56 year old Ohio resident Joseph Giampapa, was struck by a hit and run driver while he was bicycling. But that’s not all. Here’s the report of the Columbus Dispatch: Cyclist, 56, struck by minivan in Piqua Notice anything peculiar about that singularly uninformative news article? Well, you probably noticed, that since this blog is titled “Yet Another JP Morgan Banker Death”, that there was no mention of Mr. Giampapa’s connection to that bank, which is mighty strange, since ...
Swiss and Chinese strengthen financial cooperation
Post Date: 2014-06-30 07:19:13 by Tatarewicz
0 Comments
swissinfo.ch Finance Minister Eveline Widmer-Schlumpf and China’s central bank governor, Zhou Xiaochuan, discussed Swiss plans to become a renminbi hub at meetings on Thursday and Friday in Switzerland. Renminbi is the name of China’s official currency – the units are known as yuan. Global renminbi (RMB) transactions are gathering pace and the currency is emerging as an international reserve currency competing with the dollar, euro and British pound. In December 2012, the Swiss government officially announced its intention to become a renminbi hub, joining the likes of Britain, Canada, Germany and France in trying to woo Beijing. Swiss banks very strongly support the ...
Iran resumes car delivery to Russia
Post Date: 2014-06-30 01:00:45 by Tatarewicz
0 Comments
Iran’s leading automaker, Iran Khodro, has resumed exporting automobiles to Russia, a top Iran Khodro official says. Ali Elmi, deputy head of Iran Khodro for exports, said that the first shipment, which includes Samand LX, Samand SA, Samand Soren and Runna sedans, was loaded on Sunday. Elmi said the company exported more than 12,000 cars to Russia between 2007 and 2009, adding that the shipments stopped due to the discrepancy between standards of Iran Khodro's products and those in Russia. He said Iran Khodro received the required certificate in late 2013 to be able to resume car exports to Russia. Elmi said Iran Khodro plans to deliver 10,000 cars to Russia by the end of 20 ...
News Analysis: Globalized RMB to stabilize world economy
Post Date: 2014-06-27 20:56:44 by Tatarewicz
0 Comments
BEIJING, June 27 (Xinhua) -- The globalization of the yuan, or renminbi (RMB), will not only benefit the Chinese economy, but generate global economic stability, a senior banker has said. The yuan did not depreciate during the 1997 Asian financial crisis or the 2008 global financial crisis, helping stabilize the global economy, Tian Guoli, chairman of the Bank of China, said at a forum in London last week, according to the Friday edition of the People's Daily. China's economy ranks second in the world and its trade ranks first, so it is thought that use of the RMB in cross-border trade will be a mutually beneficial move for China and its trade partners. The yuan has acquired ...
Marijuana Cash-Only Business in Colorado/Federal Laws Encourage Money Laundering.
Post Date: 2014-06-27 20:15:31 by Lorie Meacham
0 Comments
Owing to recent legalization, recreational marijuana use is a growth industry in both Colorado and Washington State. In Colorado alone, annual turnover is projected to reach $10.2 billion by 2018. Yet owing to archaic federal banking laws, it remains a cash-only industry. A BBC Business report gives the example of Pinkhouse Blooms. A chain of five marijuana dispensaries grossing over $100,000 they remain a cash-only business. Because no Denver bank will give them a checking account. Relying on armored cars and armed security guards, owner Elliott Klug uses cash to pay his suppliers and employees – as well as $35,000 in monthly sales tax and $45,000 in state licensing fees. Federal Laws ...
You won’t believe how high intelligence expert says gold may go
Post Date: 2014-06-26 17:49:59 by BTP Holdings
2 Comments
One of the smartest people in the financial world is forecasting a 400% spike in gold prices. In other words, $7,000 – or even $9,000 – an ounce. This man has been an investment banker, a risk management specialist, even a national security consultant on financial matters for top U.S. agencies. He says this is “not a 10-year forecast either. It’s a three- to five-year forecast.” That’s the good news if you’re a gold investor. The bad news? Well, the events that set off gold’s meteoric rise are also going to be bad for the dollar. One group stands at the center of the situation... ready to make a big move. I recommend you don’t invest ...
Obama shutting down ATMs? (video)
Post Date: 2014-06-26 17:42:31 by BTP Holdings
0 Comments
Click on the source to view video. ;)
End of the Road: How Money Became Worthless Get Your Free DVD
Post Date: 2014-06-26 17:31:33 by BTP Holdings
0 Comments
End of the Road: How Money Became Worthless Get Your Free DVD www.Silver123.net STAY CONNECTED WITH US A POWERFUL DVD PROVIDES THE ANSWER AS TO WHY YOU SHOULD OWN GOLD CLAIM YOUR FREE DVD End of the Road: How Money Became Worthless First let me state that I have done business with CNI and find them to be a precious metals dealer we know and trust. However, my main purpose in bringing this to your attention is that we often get requests from readers asking what they can do to "wake up" their father, brother, mother, aunt, friend, neighbor etc. You get the idea, many have asked is there a way to shake up and wake up people you care about. My answer is yes, and ...
Latest [Newer] 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 [Older]
|