And then there were 21.
Hours ago on Saturday, the country whose currency is largely pegged to the dollar which itself is now anticipating a rate hike in the coming months, surprised the world by confirming its economic slowdown yet again following a recent rate cut just this past November when it lowered its benchmark rate by 40 bps, after it again cut benchmark lending and deposit rates by 25 […]
How Much Will You Pay to Park Cash as Central Banks Go Negative?
(Bloomberg) — Central banks are stooping to new lows to conquer weak inflation.
The monetary guardians of the euro area, Switzerland, Sweden and Denmark are now imposing negative interest rates on bank deposits or on funding operations that feed through to the real economy. Analysts at Commonwealth Bank of Australia reckon almost a quarter of worldwide […]
Let’s say you had a lot of #gold. And let’s say you print yuan. Next you link yuan to gold. Now, who wants dollars? http://t.co/jSqH99FlQM
— Jim Rickards (@JamesGRickards) February 28, 2015
China plans yuan-denominated gold fix this year -sources
SINGAPORE, Feb 27 (Reuters) – China plans to launch a yuan-denominated gold fix this year to be set through trading on an exchange, sources familiar with the matter said, as […]
BY JOHN WARD
From Athens to Washington via Berlin, Paris and London, we are getting the wrong policies for us, because they’re not designed to be for us in the first place
Herewith a very small proportion of some major political cockups of recent vintage:
The EU ‘annexed’ former Soviet satellites in central and eastern Europe without giving a thought to what the effect might be in terms of cheaper […]
Obama vetoes Keystone XL bill | TheHill
President Obama on Tuesday vetoed legislation authorizing construction of the Keystone XL oil pipeline, rebuffing the new Republican-led Congress amid a furious battle over Homeland Security funding.
The veto — just the third of Obama’s presidency and his first of major legislation — was made in private and without fanfare, reflecting tensions in the Democratic Party over whether the controversial pipeline should […]
It’s inevitable. Forces at work assure the coming economic reset. What is it? How will it affect you? What can you do to prepare? Will it break, or will it make you? It’s time to answer these questions for yourself and people you love. This video is a great place to start. One of many solutions is Karatbars, a sound money alternative to the doomed US Dollar. Do your […]
An internal affairs office at the Justice Department has found that, over the last decade, hundreds of federal prosecutors and other Justice employees violated rules, laws, or ethical standards governing their work.
The violations include instances in which attorneys who have a duty to uphold justice have, according to the internal affairs office, misled courts, withheld evidence that could have helped defendants, abused prosecutorial and investigative power, and violated constitutional […]
Major Hillary accomplishment: Selling Boeing jets to Russia by Ed Morrissey
Over the last few weeks, we’ve noted the bemusement of Hillary Clinton supporters when asked to name a major accomplishment of the presumed Democratic frontrunner for the 2016 presidential nomination. Yesterday, the Washington Post managed to succeed where most analysts failed. The former Secretary of State turned out to be very good at selling Boeing jets — and […]
Exposing the truth about our corrupt world and what humanity has become.
My name is Spencer Cathcart and this is a short documentary film I made questioning our freedom, the education system, corporations, money, the American capitalist system, the US government, world collapse, the environment, climate change, genetically modified food, and our treatment of animals.
Can you spot the direction of the trend? pic.twitter.com/75Gq9cAENp
— David Schawel (@DavidSchawel) March 1, 2015
Humans have long used the behavior of rats to personify the worst qualities in their fellow man. When it comes to acts of kindness, however, it turns out the much maligned creature is willing to repay favors to its fellow rodents.
The study, published this week in the journal Biology Letters, was set up to observe an ever elusive concept in the animal kingdom – the principle of direct reciprocity.
USA is going to delegate the supply of Ukraine with lethal armaments to private military companies
Group of hackers CyberBerkut found out that the USA is going to delegate the supply of Ukraine with lethal armaments to private military companies. The information in this regard appeared on the website of the organization on Friday, February 27.
This became known from one of the documents stored of the electronic device of […]
Greek Deputy Minister of the Interior, Giannis Panousis, has threatened the release of 300,000 to 500,000 illegal immigrants into other European countries.
Greece needs to be financially accommodated for the refugees more than other EU countries, Panousis said, according to the German news magazine Focus. “Otherwise we will give 300,000 immigrants travel documents and cause a tidal wave over Europe.”
On Greek television, Panousis said about half a million refugees […]
(ANTIMEDIA) Chicago, IL — Four more victims of incarceration at Chicago’s Guantanamo Bay style secret detention/torture center, known as Homan Square, have come out and spoken to The Guardian about their experience being essentially treated like cattle. They are four black males, Brock Terry, Kory Wright, Deandre Hutcherson and David Smith.
Three of them were held in 2006, and one in 2011.
They were kicked in the genitals while helpless and […]
CARACAS, Feb. 28 (Xinhua) — Venezuelan President Nicolas Maduro announced Saturday that his government will deny visas to a number of United States officials whom he called “terrorists”, including former president George W. Bush and senators Marco Rubio and Bob Menendez.
Speaking at an anti U.S. rally, Maduro said these measures were taken to ease the “imperialist aggression” coming from Washington which has increased in the last few weeks.