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Latest Articles: Business/Finance
With Putin in Vienna, Gazprom signs Austria pipeline deal
Post Date: 2014-06-25 05:14:11 by Tatarewicz
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Yahoo... Vienna (AFP) - Coinciding with a visit to Vienna by Russian President Vladimir Putin, Russian energy giant Gazprom on Tuesday signed a deal with Austria's OMV approving the EU country's section of the controversial South Stream pipeline. 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. EU member Bulgaria earlier this month said it was suspending work on building its section of the multi-billion-euro (-dollar) project following pressure from the EU and the United States. The European Commission has called on all 28 member states to stand ...
Gov’t Seizes Control of All Your Financial Accounts
Post Date: 2014-06-24 17:07:28 by BTP Holdings
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Gov’t Seizes Control of All Your Financial Accounts Written by Damon Geller Everyone knows that the United States has gone bankrupt. As the U.S. government and the Fed poured trillions of dollars of YOUR money into the banks and markets after the 2008 economic collapse, this unprecedented level of money-printing is catapulting the U.S. debt to $28 trillion by 2018. But now, the U.S. government and the Fed are completely out of ammo. They desperately need money to maintain their own power, and taxes are no longer enough. So in order to keep the Ponzi scheme going, the U.S. government has made several highly controversial moves to be in position to seize control of all your financial ...
Failing world banks prepare to steal your savings
Post Date: 2014-06-24 00:52:09 by Tatarewicz
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PressTV... Americans and Europeans are not aware of the fact that their governments help the failing world banks to steal people’s money from their savings accounts Just like in 2007, the predictable upcoming financial crash will arrive suddenly overnight and the new day's world economy will be in chaos. At the starting gun of this “run on the banks,” you had better be pretty quick. Your bank has almost zero cash. “I'm sorry, Sir. We are unable to cash this check,” were the ominous words delivered to me by a fresh faced, none-too-friendly, Wells Fargo Bank manager. He had just kept me waiting ten minutes while in consultation about my transaction. ...
The Keynesian Apotheosis Is Here—But Blame The Final Desttruction Of Sound Money On The Bushes
Post Date: 2014-06-22 13:40:02 by Ada
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The only thing that can be said about Janet Yellen’s simple-minded paint-by-the- numbers performance yesterday is that the Keynesian apotheosis is complete. American capitalism and all political life, too, is now ruled by a 12-member monetary politburo, which is essentially accountable to no one except its own misbegotten doctrine that prosperity flows from the end of a printing press. To be sure, this non-sensical and historically disproven proposition gets all gussied up in neo-Keynesian Fed-speak about dual mandates, monetary support to aggregate demand, “slack” in labor markets and remaining shortfalls from potential GDP, among endless like and similar jargon. But it ...
Cuba puts Canadian exec on trial; some investors put off
Post Date: 2014-06-22 03:39:14 by Tatarewicz
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HAVANA (Reuters) - A Canadian executive held in Cuba for nearly three years has gone on trial on bribery charges in a case closely watched by potential investors who are wary of how Cuba treats foreign executives. Prosecutors are seeking 15 years for Cy Tokmakjian, 74, and 12-year sentences for his top managers, fellow Canadians Claudio Vetere and Marco Puche, according to a western diplomat who has seen the charges and asked not to be identified. Fourteen Cuban defendants also face lengthy imprisonment if convicted. The trial began last week behind closed doors and was scheduled to end on Friday. A verdict and any sentencing usually follow within a few weeks. Cuba shuttered their ...
Obama's Biggest Mistake
Post Date: 2014-06-18 18:35:37 by BTP Holdings
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Dear Patriot, If you thought gun control was an anti-American measure of the Obama administration, you should see this: A secret pact between the government and Big Banks legally allows bankers to steal your money if a crisis hits the United States. When a new financial collapse strikes, millions of Americans will have their accounts emptied overnight... without seeing a dime back! --> Watch the hidden story behind this abuse. The pact was made back in 2010, but it was kept under the lid, until now... There is one measure you can take today to make sure your savings stay intact no matter what happens in the US. And no, pulling your money out of the bank is NOT the solution. ...
How to Stop Living Paycheck to Paycheck
Post Date: 2014-06-18 18:31:45 by BTP Holdings
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How to Stop Living Paycheck to Paycheck By Nancy Mann Jackson We don’t have to tell you this if you’ve ever been (or are) in this situation, but living from one paycheck to the next makes peace of mind an elusive goal. Thirty-eight million American households live this way, spending all of each paycheck, according to recent research from the Brookings Institution. While many of these households have assets such as their own homes or retirement accounts, they have little or no extra cash on hand. From a financial perspective, living from paycheck to paycheck is disastrous, "and it’s not stable from an emotional standpoint, either," says Kathryn Garrison, senior ...
Paper Money
Post Date: 2014-06-17 07:27:44 by noone222
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The All-Time No. 1 Gold Play
Post Date: 2014-06-16 16:51:36 by BTP Holdings
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The All-Time No. 1 Gold Play Published Mon, Jun 16, 2014 | Karim Rahemtulla, Chief Resource Analyst The best way to buy into gold isn’t through the miners. It’s through the royalty companies. Royalty companies make money by buying chunks of the production from the miners, and then getting paid royalties for their investment in the project. They don’t own the mines, which means they hold zero obligations for the cost of operations, labor, etc. Today, I’ll reveal my favorite royalty company… The Average Investor’s Mistake The average investor is usually perfectly content buying a standard gold mining stock. The story is just too damn simple to pass ...
China, Central Asian countries open 3rd gas line
Post Date: 2014-06-16 00:27:27 by Tatarewicz
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BEIJING, June 16 (Xinhua) -- The third line of the China-Central Asia Natural Gas Pipeline started to transport natural gas to China, China National Petroleum Corporation (CNPC) announced late Sunday. The 1,830-km Line C of the pipeline, parallel to Line A and Line B, starts at the Turkmen-Uzbek border and runs through central Uzbekistan and southern Kazakhstan before reaching China's northwest region of Xinjiang. The transport capacity of Line C, which currently stands at 7 billion cubic meters per year, is expected to hit 25 billion cubic meters by the end of 2015, comprising 10 billion cubic meters from Turkmenistan, 10 billion cubic meters from Uzbekistan and 5 billion cubic ...
Study: West Antarctic Glacier Melt Due To Volcanoes, Not Global Warming
Post Date: 2014-06-15 14:50:26 by scrapper2
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A new study by researchers at the University of Texas, Austin found that the West Antarctic Ice Sheet is collapsing due to geothermal heat, not man-made global warming. Researchers from the UTA’s Institute for Geophysics found that the Thwaites Glacier in western Antarctica is being eroded by the ocean as well as geothermal heat from magma and subaerial volcanoes. Thwaites is considered a key glacier for understanding future sea level rise. UTA researchers used radar techniques to map water flows under ice sheets and estimate the rate of ice melt in the glacier. As it turns out, geothermal heat from magma and volcanoes under the glacier is much hotter and covers a much wider area ...
Electric car company Tesla has released ALL its patents to the public
Post Date: 2014-06-14 07:32:00 by Tatarewicz
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ScienceAlert US electric car company Tesla has just released all its patent technology in an attempt to promote and speed up the development of greener transport. In a blog yesterday, the CEO of Tesla, Elon Musk, announced the move. Musk wrote: “If we clear a path to the creation of compelling electric vehicles, but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal.” He explained that Tesla, famous for creating the world’s first electric sportscar, would not issue any patent lawsuits against anyone who used their technology in good faith, and accused patents of stifling progress. “Yesterday, there ...
LinkedIn not happy with its own workforce diversity numbers
Post Date: 2014-06-13 01:53:38 by scrapper2
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LinkedIn’s own workforce is still too heavily white and male and needs to become more diverse, the company admitted Thursday. LinkedIn said 61 percent of its employees 5,400 employees worldwide are men and 39 percent are women. Of its employees based in the U.S., 53 percent are white, 38 percent are Asian, 4 percent Hispanic and 2 percent black. “That’s still not good,” Pat Wadors, LinkedIn’s vice present of talent, told The Chronicle. LinkedIn released its internal diversity numbers in a company blog post that also highlights steps the Mountain View company is already taking, such as working with groups like the Anita Berg Institute, which focuses on women in ...
My Private Meeting with the Vice President...
Post Date: 2014-06-11 17:40:00 by BTP Holdings
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I recently sat down with some of the most powerful men in the world for a private, two-day meeting at the Plaza Hotel in downtown New York. The guest list was a who's who of global politics and finance - including senators, ambassadors, a consul-general… all rubbing elbows with CEOs and the executives of Wall Street's biggest banks. Why would all these men be gathered in one place at the same time? And what was I doing at this private meeting? The answer to those questions could make you a fortune… You see, I was invited there by the founder of a new gold company that's in the midst of expanding in Brazil. Part of the discussions centered on this new firm, whose ...
Here's What Could Cause Confidence To Come Rushing Back Into The Dollar
Post Date: 2014-06-10 11:34:30 by Ada
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This was supposed to be a good year for the greenback. Back in January, the U.S. dollar appeared poised to strengthen on the back of an improving economy. But here we are in June, and things haven’t quite turned out that way. The U.S. economy contracted for the first time in three years last quarter, shrinking 1 percent. In the meantime, the dollar fell to its lowest level against the euro since 2011, hitting $1.39 on March 18 and hovering nearby ever since. “The market has lost confidence in the dollar’s ability to rally,” says Sean Shepley, head of Credit Suisse’s global macro product strategy. Can it be a strong finisher in 2014? Credit Suisse says yes, but is ...
EU will not block South Stream project
Post Date: 2014-06-10 02:36:27 by Tatarewicz
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Pravda.Ru The European Commission does not intend to block the South Stream project, but intends to bring it into line with EU law, officials with the press service of the highest executive body of the European Union said. "We are not blocking the South Stream project, but want to match the EU legislation," European officials said. On June 2nd, the European Commission formulated its claim to the project. Firstly, the Commission doubts that the South Stream conforms to the "Third Energy Package" of the EU. Secondly, Brussels suspected Bulgaria of violating European tendering rules and providing privileged opportunities to Russian and Bulgarian companies. Earlier, it ...
How I built world's first vegan supermarket chain
Post Date: 2014-06-09 08:14:18 by Tatarewicz
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Local de Former meat-lover Jan Bredack set up the world's first vegan supermarket chain in Berlin in 2011. He now plans to open dozens of branches across Europe and tells The Local how he turned tofu into dough. Life before starting supermarket chain Veganz was very different for the 42-year-old Berliner who was working as a manager at Daimler. After suffering burn-out, Jan Bredack decided to change his lifestyle and outlook on life, which he documented in his book “Vegan für alle: Warum wir richtig leben sollten” (Veganism for everyone: Why we should live right). Bredack, who became a vegan in 2009, told The Local the idea to launch his first supermarket came after ...
Radio Shack closing 1,100 stores
Post Date: 2014-06-05 16:11:19 by bush_is_a_moonie
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Electronics retailer Radio Shack plans to close as many as 1,100 stores -- or nearly 20% of its locations. The company said Tuesday that the closings will leave it with more than 4,000 stores, including 900 operated as franchise locations. Radio Shack also reported that sales at stores open at least a year fell 19% in the last quarter, which included the important holiday shopping period. It blamed the drop on traffic declines and weak sales of mobile devices such as cell phones. Its net loss in the period roughly tripled. CEO Joseph Magnacca told investors that the stores to be closed were lower performing locations had been forecast to lose money this year. Radio Shack has one of the ...
Wall Street Criminals Threaten that Economy Will Blow Up If They’re Prosecuted
Post Date: 2014-06-04 10:44:55 by Lorie Meacham
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he Department of Justice is “considering” initiating criminal charges against 2 banks. In response, the normal cast of characters is saying – as they have for years – that prosecuting banks will cause a meltdown of the economy. The U.S. attorney for the Southern District of New York recently mocked the silly claims of gloom and doom: “Companies, especially financial institutions, will do almost anything to avoid a tough enforcement action and therefore have a natural and powerful incentive to make prosecutors believe that death or dire consequences await,” he said. “I have heard assertions made with great force and passion that if we take any criminal ...
Eurasian Economic Union is wake-up call for US
Post Date: 2014-06-01 09:43:59 by Jethro Tull
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The Eurasian Economic Union is a historic deal and represents a pivot to the East, global financial markets expert Patrick Young told RT. The new union will force the EU to be more competitive and will be a wake-up call for US. On Thursday, Russia, Belarus, and Kazakhstan signed the Eurasian Economic Union which will come into effect in January 2015. The new bloc will cut down trade barriers and comprises of over 170 million people, making it the largest common market in the former Soviet space. RT: Just how big a deal is this? Patrick Young: This is a very interesting deal. It is one huge step, part of the pivot to the East that Russia has been behind, and of course we have seen in ...
JP Morgan Bank Exec Kills Himself To Escape Into Parallel Universe
Post Date: 2014-06-01 01:19:12 by Lorie Meacham
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Stranger than fiction: Did J. P. Morgan executive Gabriel Magee commit suicide because he thought he could escape into another dimension? An inquest last week has revealed that a JP Morgan exec that committed suicide earlier this year was obsessed with the concept of parallel universes and a mysterious suicide pact between two American students based on the theory. Gabriel Magee, 39, fell from the roof of the bank’s Canary Wharf headquarters on the morning of January 28. Investigators revealed to the inquest at Poplar Coroner’s Court in London that a number of documents on Magee’s computer bore desperate messages, like “Trying to jump off building” and “Hate ...
Russia And China Are Now Working Together To Organize The Global "de-dollarization"
Post Date: 2014-05-27 18:22:18 by christine
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Poster Comment:Listen from 5 minutes to 15 minutes
“Backdoor Loophole” into the “Biggest IPO in History”
Post Date: 2014-05-27 07:40:26 by Tatarewicz
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There have been two pretty big promo campaigns about the Alibaba IPO in the last week or so — one from Bill Patalon in an ad for his Private Briefing, and the other from Mike Palmer for Jeff Clark’s S&A Short Report… so I thought we should try to take a look, answer some reader questions, and see if these two folks are touting the same “backdoor” play on Alibaba. Alibaba, if you haven’t yet heard the buzz and hype, is a huge e-commerce company based in China — they offer a variety of different transactions in their marketplace(s), including business to business ordering (like for companies seeking Chinese suppliers) as well as direct-to-consumer ...
China's state-owned sector told to cut ties with U.S. consulting firms
Post Date: 2014-05-26 07:37:15 by Tatarewicz
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(Reuters) - China has told its state-owned enterprises to sever links with American consulting firms just days after the United States charged five Chinese military officers with hacking U.S. companies, the Financial Times reported on Sunday. Related Stories U.S. accuses China of cyber spying on American companies Reuters China confronts U.S. envoy over cyber-spying accusations Reuters China confronts U.S. envoy over cyber-spying accusations Reuters U.S. may act to keep Chinese hackers out of Def Con hacker event Reuters Administration: China cited in cyber-spying case A China's action, which targets companies like McKinsey & Company and The Boston Consulting Group (BCG), stems ...
Bitcoin enters Poland
Post Date: 2014-05-26 04:07:32 by Tatarewicz
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Bitcoin Embassy Launches In Poland's Capital Warsaw dnalroct ♂ Edited by: Moderator My comments: Bitcoin is gaining acceptance more and more everyday. Cryptocurrencies are the future. There looks to be another massive move up in the price of bitcoin sometime this summer. We shall see! :) A new bitcoin embassy was launched in Poland's capital Warsaw on 12th May with the aim of promoting the digital currency in the country and fostering innovation. www.coindesk.com/bitcoin-...launches-polands-capital- warsaw/ gues0123 Bitcoin is nothing more than a glorified PayPal, and will act as nothing more than such. dnalroct Couldn't be more wrong! There are over 30,000 ...
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