Category Archives: Banksters & Economy

RT

US banks shaken by biggest deposit withdrawals since 9/11

US Federal Reserve is reporting a major deposit withdrawal from the nation’s bank accounts. The financial system hasn’t seen such a massive fund outflow since 9/11 attacks. The first week…

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Silver Bars Being Secured By HSBC – Buy $876 Million Worth From Poland

HSBC has quietly moved into acquiring large amounts of silver bullion. The bank has secured another deal to buy silver bars from KGHM whichbrings their total purchases of silver from…

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India Scrambles To Make Gold Purchases Ever More Difficult: Hikes Import Tax And Duties Again

  Three weeks ago it became clear that in its fight to curb consumer thirst for gold products, India, whose population is the largest single source of gold consumer demand…

Credit: RT

World’s 100 richest earned enough in 2012 to end global poverty 4 times over

The world’s 100 richest people earned a stunning total of $240 billion in 2012 – enough money to end extreme poverty worldwide four times over, Oxfam has revealed, adding that…

Credit: TOI

US sanctions: India’s euro payments for Iran crude oil may end on Feb 6

  India may next month be forced to end the 18-month-old arrangement of paying for Iranian crude oil imports through a Turkish bank as a new set of US sanctions…

Credit: Press TV

Massive Fraud in Spain Threatens Entire Government of Prime Minister Mariano Rajoy; Protestors in Madrid Shout “Resignation”

I am piecing together a story of fraud and corruption involving the highest levels of Spanish government. My unnamed sources think it could bring down Prime Minister Mariano Rajoy. However,…

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India: Montek Ahluwalia and the Inflation Propaganda

Former IMF and World Bank Employee and the current Planning Commission Deputy Chairman Montek Singh Ahluwalia is one of the most blatantly pro-corporate propaganda pushers in the Indian establishment. After…

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German economy, Europe’s last hope, begins to slump

  German economy, Europe’s last hope, begins to slump. Despite a drumbeat of optimistic forecasts from economists and upbeat statements from various European leaders, the actual news on the economy…

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Bundesbank brings home German gold from US and France, yet doesn’t check the authenticity

3400 Tons of gold (value: EUR 150 billion) will be kept by the Bundesbank due to the economic crisis, two-thirds of them are abroad, in London, Paris, New York. Now,…

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Qatar pumps in 5 blns of dollars into Egypt to sustain economy

Qatar said on Tuesday it will increase its financial aid to Egypt by $2.5 billion to a total of $5 billion, comprising an outright grant of $1 billion and $4…

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India’s Gold Mania

Less than 1% of the world’s gold is mined in India. The rest comes from somewhere else. Still, India can’t get enough. It is the largest consumer of gold in…

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The Global Food Economy: Peak Food, Social Unrest, And Bailed-Out Credit-Junkies

  Beginning with Malthus’ warning to the world and the Great Irish famine, David McWilliams (of Punk Economics) provides his typically succinct, profoundly fascinating, and graphically pleasing insights on the…

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Two Spaniards Self-Immolate Due To Financial Problems

First it was a German, then an Italian, and now, two months, later, the European self-immolation wave has spread to the country that many expect will be the next one to follow…

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Italy bans card payments in Vatican over money laundering

  Italian authorities have stopped all electronic payments inside the Vatican City after the Bank of Italy complained that it had failed to bring in new procedures to prevent money…

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Spain Plunders 90% Of Social Security Fund To Buy Its Own Debt

With Spanish 10Y yields hovering at a ‘relatively’ healthy 5%, having been driven inexorably lower on the promise of ECB assistance at some time in the future, the market has…