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Latest Articles: Business/Finance
Once Only Blacks Were Enslaved, Now We All Are
Post Date: 2017-07-03 18:35:28 by Ada
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The 4th of July is upon us. We will hear all sorts of patriotic BS about how wonderful we are and how thankful we are to our brave military which defends our liberty. Not a word will be said about the destruction by the Bush and Obama regimes of the US Constitution, which once protected our liberty far better than any military action. Not a word will be said about Washington’s 16 years of purely gratuitous war in the Middle East and North Africa that has destroyed in whole or part seven countries, sending millions of war refugees to overrun the Western World and change the quality of life for Western peoples. Not a word will be said about Washington’s ongoing insane ...
Iranian gas boosts Iraq in Saudi oil market war
Post Date: 2017-07-02 00:39:34 by Tatarewicz
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PressTV... Iran started its gas exports to Iraq on June 21, 2017 after years of delay. Iran’s exports of gas to Iraq which began last month are set to free up more oil for exports by the Arab country, clipping Saudi Arabia's wings further in its bid to retain markets. Iraq along with Saudi Arabia jumped on the occasion from the West’s unprecedented sanctions on the Islamic Republic in 2011 to ramp up their oil production in the absence of the Islamic Republic. Iran’s long-delayed gas exports to Baghdad started on June 21 at around 7 million cubic meters per day, which will finally rise to 35 million. According to the National Iranian Gas Company (NIGC), exports of gas ...
The world is in debt to the Jew parasite for 217 trillion dollars
Post Date: 2017-06-30 00:13:33 by Tatarewicz
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PMF... The borrower is the servant of the lender, and through the mechanism of government debt virtually the entire planet has become the servants of the global money changers. Politicians love to borrow money, but over time government debt slowly but surely impoverishes a nation. As the elite get governments around the globe in increasing amounts of debt, those governments must raise taxes in order to keep servicing those debts. In the end, it is all about taking money from us and transferring it into government pockets, and then taking money from government pockets and transferring it into the hands of the elite. It is a game that has been going on for generations, and it is time for ...
Swiss agribusiness giant Syngenta unveils ambitious plan after ChemChina takeover
Post Date: 2017-06-28 08:40:38 by Tatarewicz
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Ren Jianxin (C), chairman of ChemChina and chairman of the board of directors of Syngenta, Chen Hongbo (1st L), Chief Strategy Officer of ChemChina, Robert Lu (2nd L), vice-president of ChemChin, Michel Demare (2nd R), vice-chairman and lead independent director of Syngenta, and Erik Fyrwald, CEO of Syngenta, shake hands after a press conference at the Syngenta headquarters in Basel, Switzerland, June 27, 2017. World's agribusiness giant Syngenta and its new owner ChemChina unveiled new ambitions Tuesday, eyeing a place of top three in global seeds business by further expansion in emerging markets, especially China. (Xinhua/Xu Jinquan) BASEL, Switzerland, June 27 (Xinhua) -- ...
Keith Neumeyer: Silver/Gold Manipulation Ending Soon.
Post Date: 2017-06-26 17:48:11 by BTP Holdings
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Communist Enclaves California and Hawaii Are Two Worst States To Make A Living In
Post Date: 2017-06-26 07:46:36 by HAPPY2BME-4UM
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Hawaii named 'worst state to make a living' ... againHONOLULU (HawaiiNewsNow) -At least we're consistent: For a seventh straight year, Hawaii has been named the worst state to make a living thanks to its astronomical cost of living.The ranking, put together annually by MoneyRates.com, says while Hawaii has the 10th-highest median wage nationwide, that's not enough to make up for living expenses that are two-thirds higher than in the rest of the nation. The high cost of living is compounded by one of the highest state tax income burdens in the nation.To put together the ranking, MoneyRates considered median salary, state tax rates, cost of living and unemployment ...
Standard and Poor’s Threaten Illinois With Municipal “Junk Bond” Status – First State Ever Facing “Junk Bond” Status…
Post Date: 2017-06-25 10:52:30 by HAPPY2BME-4UM
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Standard and Poor’s Threaten Illinois With Municipal “Junk Bond” Status – First State Ever Facing “Junk Bond” Status…The Illinois long-term labor pension liabilities are ridiculous in the extreme. However, things just went from bad to jaw-droppingly, gobsmackingly, unbelievably worse.According to the latest financial media reports, Standard and Poors Global Ratings agency has positioned Illinois bonds to drop below “investment” grade; that would make Illinois the first state in the nation to achieve “junk bond” status. (Via ABC) Illinois is on track to become the first U.S. state to have its credit rating downgraded ...
Putin's Telephone conversation with President of Turkey Recep Tayyip Erdogan
Post Date: 2017-06-25 05:59:15 by Tatarewicz
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June 23, 2017, Krasnodar Territory Vladimir Putin had a telephone conversation with President of the Turkish Republic Recep Tayyip Erdogan. The President of Russia was on board a pipe-laying ship that is involved in the construction of the Turkish Stream gas pipeline. During the conversation Vladimir Putin noted that Russia and Turkey maintain a higher level of cooperation than other countries, recalling that the agreement on building the Turkish Stream was signed in 2016 and the work on laying the deep-water section of the pipeline is already underway. Mr Putin said the first leg of the pipeline will be ready next year and the second one in late 2019. * * * Excerpts from telephone ...
State of Montana to directly invest in Bitcoin mining operation and Blockchain based data center
Post Date: 2017-06-24 23:42:39 by spirit
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As we wrote in an article earlier this week, both regulation and will be accepted within the U.S. appears to be varied between the states. And on June 10 the state of Montana has introduced a new approach which includes actual taxpayer funding to facilitate investment in a data center which will act as both a Bitcoin mining operation, and as a Blockchain test facility. In the first-ever reported case of a US State funding what looks to be a Bitcoin mining operation, Montana’s Governor recently announced that $416,000 was awarded to a “data center that provides blockchain security services for the bitcoin network.” Governor Steve Bullock recently announced $1,124,030 in ...
Investment potential in self-driving technology.
Post Date: 2017-06-24 01:55:12 by Tatarewicz
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Stock Gumshoe assesses the investment promotion: Jeff Brown over at Bonner and Partners is launching a new newsletter called The Near Future Report, which sounds like it’s the “entry level” letter (currently offered at $75) to go with his pricier Exponential Tech Investor, and the first bait they’re dangling for new subscribers is a fat, juicy promise of a stock that “could do even better than Nvidia.” “By the end of 2017, I expect a government mandate will be passed that requires all American cars have the ability to communicate with each other, using advanced computing power to process that information and avoid accidents – all in a split second. ...
Xi says BRICS cooperation will usher in new "golden decade"
Post Date: 2017-06-20 07:45:21 by Tatarewicz
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BEIJING, June 19 (Xinhua) -- Chinese President Xi Jinping said Monday that BRICS cooperation would be more productive and usher in a new "golden decade." Xi made the remarks when meeting with the heads of delegations from Brazil, Russia, India and South Africa, who are in Beijing to attend the BRICS foreign ministers' meeting. Chinese Foreign Minister Wang Yi chaired the meeting, which also included Russian Foreign Minister Sergey Lavrov, Brazilian Foreign Minister Aloysio Nunes, South African Minister of International Relations and Cooperation Maite Nkoana-Mashabane and India's Minister of State for External Affairs Vijay Kumar Singh. Xi extended congratulations on ...
Democracy Is A Front For Central Bank Rule
Post Date: 2017-06-19 10:13:04 by Ada
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Several years ago when the Federal Reserve had its Fed funds rate at zero to 25 basis points (one-quarter of one percent—0.25%), there was a great deal of talk, somehow presented as urgent, whether the Federal Reserve would raise interest rates. RT asked me if the Fed was going to raise interest rates. I answered that the purpose of low interest rates was to restore the solvency of the balance sheets of the “banks too big to fail” by raising debt prices. The lower the interest rate, the higher the prices of debt instruments. The Fed drives bond prices up by purchasing bonds, and the Fed raises interest rates by selling bonds, or by purchasing fewer of them than ...
The Petrodollar Is in Trouble
Post Date: 2017-06-19 08:56:51 by Tatarewicz
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RT... The U.S. PetroDollar system is in serious trouble as the Middle East’s largest oil producer continues to suffer as the low oil price devastates its financial bottom line. Saudi Arabia, the key player in the PetroDollar system, continues to liquidate its foreign exchange reserves as the current price of oil is not covering the cost to produce oil as well as finance its national budget. The PetroDollar system was started in the early 1970’s, after Nixon dropped the Gold-Dollar peg, by exchanging Saudi Oil for U.S. Dollars. The agreement was for the Saudi’s only to take U.S. Dollars for their oil and reinvest the surpluses in U.S. Treasuries. Thus, this allowed the U.S. ...
AIIB to build a sustainable tomorrow for future generations
Post Date: 2017-06-18 05:23:48 by Tatarewicz
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(Xinhua) Jin Liqun, president of AIIB speaks on the Second Annual Meeting of the Board of Governors of the AIIB held in Jeju Island, South Korea, June 16, 2017. The 18-month-old Asian Infrastructure Investment Bank (AIIB) has won acclaim for its good work from representatives of all over the world at its Second Annual Meeting of the Board of Governors held here through Saturday. (Xinhua/Yao Qilin) The 18-month-old Asian Infrastructure Investment Bank (AIIB) has won acclaim for its good work from representatives of all over the world at its Second Annual Meeting of the Board of Governors held here through Saturday. The multilateral development bank (MDB), initiated by China and supported ...
Feature: China contributes to Cuba's development of alternative sources of energy
Post Date: 2017-06-18 05:03:18 by Tatarewicz
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Xinhua CIRO REDONDO, Cuba, May 30 -- Sugar cane has long been Cuba's cash crop, with the country becoming the largest sugar producer in the world and using it to bankroll its economy stretching back to the 19th century. However, a deep economic crisis after the collapse of the Soviet Union in the early 1990s caused the Cuban sugar industry to lose its main market, with many mills slowly falling into obsolescence. Years later, Cuba has a restructured industry adapted to its economic and production possibilities, and the Caribbean nation is seeking new alternatives for the sugar industry to be less reliant on fossil fuels to generate electricity. The island now plans to produce 24 ...
This is the best indicator yet that analysts were wrong about the gun industry
Post Date: 2017-06-17 08:45:23 by BTP Holdings
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This is the best indicator yet that analysts were wrong about the gun industry The Motley Fool Rich Duprey 13 hrs ago Overall Gun Sales Drop Under Trump, But Women Are Still Buying Video by CBS Sacramento Two years ago, the FBI reported that it conducted a record number of background checks on potential gun buyers in May, more than it had ever done before for that month. It would launch a 19-month-long streak that would culminate in more than 27.5 million background checks performed in 2016, 20% more than the year before and over two and a half times time the number conducted 10 years prior. While the November elections seemed to gut that growth, as December's background checks ...
Vladimir Putin: The Most Powerful Person In The World
Post Date: 2017-06-14 08:39:43 by Ada
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It must be wonderful being Vladimir Putin and being the most powerful person on earth. And not even have to say so yourself. The US Democratic Party is saying it for Putin along with the entirety of the Western presstitute media and the CIA and FBI also. The Russian media doesn’t have to brag about Putin’s power. Megyn Kelly, the Western presstitutes, and Western leaders are doing it for them: Putin is so powerful that he is able to place in office his choice for the President of the United States. I mean, Wow! What power! Americans are simply out of the game. Americans, despite a massive intelligence budget and 16 separate intelligence services plus those of its NATO vassals, ...
Coal Cronyism
Post Date: 2017-06-13 08:08:34 by Ada
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Wall Street writes a policy; Trump sells it to Appalachia as an elixir. Editor’s Note: This article is part of TAC‘s efforts to highlight the cozy relationships between government and business. To explore further, join us at our crony capitalism conference this Thursday in Washington, DC! Appalachia’s coal-mining towns are on a glide path to becoming the next Detroit, victims of a declining industry and disconnected politics. After the Democrats spent generations taking coal miners for granted, President Trump’s outreach is laudable. Unfortunately, the president’s promises end with cutting regulations—necessary but insufficient and cynical. This aids Wall ...
China Ride-hailing giant UCAR invests in electric carmaker
Post Date: 2017-06-13 02:04:53 by Tatarewicz
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(Chinadaily.com.cn) China's high-end ride hailing company UCAR Technology Inc has led a 2.2 billion yuan investment in the fledging electric carmaker Xpeng Motors, the two announced on Monday. The investment is the first UCAR has made since the car service provider set up a private equity fund of 10 billion yuan to invest in "synergy and forward-looking" projects. Xpeng Motors plans to mass produce its first model, an all-electric SUV, by the year end. The three-year-old company released the prototype in last September. Touting an internet gene, the Guangzhou-headquartered carmaker has executives from a band of internet players such as Tencent, Alibaba, Huawei and UC Web, ...
Nobel laureate heads Chinese institute on economics, AI application eyed
Post Date: 2017-06-12 04:25:00 by Tatarewicz
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BEIJING, June 11 (Xinhua) -- Nobel laureate in economics Thomas J. Sargent has been tapped to head a Chinese university institute to conduct teaching and research on economics including the use of artificial intelligence and big data in financial analysis. The Sargent Institute of Quantitative Economics and Finance was set up at the Peking University HSBC Business School (PHBS) in the southern Chinese economic hub of Shenzhen, said PHBS Dean Hai Wen. He said with the institute the school will start offering a Ph.D. program in quantitative economics and a Master's program in finance specialized in financial technology. Sargent, an American economist, was awarded the 2011 Nobel Prize ...
JIM ROGERS: The worst crash in our lifetime is coming
Post Date: 2017-06-10 10:16:41 by BTP Holdings
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JIM ROGERS: The worst crash in our lifetime is coming Business Insider Jacqui Frank 7 hrs ago © TheStreet Legendary investor Jim Rogers sat down with Business Insider CEO Henry Blodget on this week's episode of The Bottom Line. Rogers predicts a market crash in the next few years. One that he says will rival anything he has seen in his lifetime. Following is a transcript of the video. Click for Full Text!
Without Glass-Steagall America Will Fail
Post Date: 2017-06-09 19:30:08 by Ada
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For 66 years the Glass-Steagall act reduced the risks in the banking system. Eight years after the act was repealed, the banking system blew up threatening the international economy. US taxpayers were forced to come up with $750 billion dollars, a sum much larger than the Pentagon’s budget, in order to bail out the banks. This huge sum was insufficient to do the job. The Federal Reserve had to step in and expand its balance sheet by $4 trillion in order to protect the solvency of banks declared “too big to fail.” The enormous increase in the supply of dollars known as Quantitative Easing inflated financial asset prices instead of the consumer price index. This rise in ...
Fossil Fuel Divestment Would Cost Pension and Retirement Funds $5 Trillion
Post Date: 2017-06-08 09:25:06 by HAPPY2BME-4UM
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A move away from fossil fuel investments by 11 of the nation's major public pension funds would lead to a nearly $5 trillion shortfall over the next 50 years, according to a new report from University of Chicago professor Daniel Fischel. The report comes as environmentalists renew their push to get pension funds to divest from fossil fuels following President Trump's withdrawal from the Paris Accord. Elected officials in both New York state and New York City have pushed for both to rapidly divest their billions of dollars worth of fossil fuel investments. "By fully divesting New York City pension funds from coal, oil, and gas, we would take a prudent step toward protecting 1.5 ...
The Real Unemployment Number: 102 Million Working Age Americans Do Not Have A Job - See more at: http://investmentwatchblog.com/the-real-unemployment-number-102-million-working-age-americans-do-not-have-a-job/#sthash.04sqCFjC.dpuf
Post Date: 2017-06-06 08:56:16 by HAPPY2BME-4UM
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by IWB · Published June 5, 2017The Real Unemployment Number: 102 Million Working Age Americans Do Not Have A Job Did you know that the number of working age Americans that do not have a job right now is far higher than it was during the worst moments of the last recession? For example, in January 2009 92.6 million working age Americans did not have a job, but we just found out that in May the number of working age Americans without a job increased to just a shade under 102 million. According to the bureaucrats in the federal government, the “unemployment rate” in May was the lowest that we have seen in 16 years. At just “4.3 percent”, we are ...
Bitcoin rival ethereum hits record high rallying almost 3,000% this year
Post Date: 2017-06-06 03:16:12 by Tatarewicz
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RT... Bitcoin rival ethereum hits record high rallying almost 3,000% this year Chuvash women, wearing headdresses decorated with coins © Ilya Naymushin / Reuters The ethereum virtual currency reached an all-time high of $250.41 over the weekend amid growing interest in digital assets and increased trade in Asia. The value of ethereum is currently 30 times higher than the $8 price level it had on January 1. Read more Golfer at the foot of Mount Everest © Gopal Chitrakar / Reuters Alternative cryptocurrency ether reaches rarefied air On Monday, the cryptocurrency was trading slightly off its record high, at $247.16 as of 1:00 pm GMT. According to industry website CryptoCompare, ...
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