Major protests have broken out in Belgium over AUSTERITY, according to Le Monde. According to the police, up to 100,000 people demonstrated in the center of the capital against the AUSTERITY measures imposed by Prime Minister Charles Michel.
In a stunning move towards the elites' endgame of 'banning cash', Greek authorities unveiled stricter capital controls for civil servants and pensioners this weekend. By drastically limiting cash withdrawals and forcing the more 'controllable' compulsory use of plastic money, Greek authorities hope to stop tax evasion through the use of 'fake cash registers'.
Russian, Chinese and French companies have approached Tehran with investment plans to tap its natural resources, the Iranian deputy minister for industry, mines and trade said Monday.
The heart of the economic disorder is a world financial system that has gone rogue… banking’s power to create money out of nothing has been taken to a whole new level… cash generated out of nothing can be lent in countries where the economic prospects look superficially good. Economies surge until something – a collapse in property or commodity prices – unravels the whole process.
Thanks to a new policy in the Canadian city, housing is mandated for everyone who has spent 10 days in a shelter or on the streets. Now, when officials of the city learn of an individual living in these circumstances, they move him or her (or the family) into a house or apartment. Mayor of the town, Ted Clugston, says 10 days is the absolute limit an individual may live on the streets – even though the city is normally quick to find housing for homeless individuals.
Colonel Lawrence Wilkerson – former chief of staff to Colin Powell; the U.S. is exhibiting all of the signs of a failing empire, including: Relying on massive military force (and using gigantic complexes to support it) as the be-all and end-all of power, and belittling diplomacy/ Maintaining standing armies, instead of disbanding military forces between wars. Using more mercenary forces than citizen troops. Spending disproportionately large amounts of blood and treasure in order to counter threats on the status quo … which simply exacerbates the threat against the empire. Going ethically and morally bankrupt. Ending up up having bankers and financiers end up running the real power. Suffering great hiccups in finance and trade. The leaders no longer really believe in or follow the ideals of the founders
Hundreds of thousands of people rallied on Saturday afternoon in the German capital against the massive Transatlantic Trade and Investment Partnership (TTIP) accord being negotiated by the European Union and the United States. Critics say the trade deal will benefit large corporations at the expense of average Europeans. erode labor and environmental standards.
World Bank have released a report saying that the current large-scale mass migration happening around the world, could have a positive effect in the global economy in the coming decades. “Most of the evidence suggests that migrants will work hard and contribute more in taxes than they consume in social services.”
Emerging market companies have "over-borrowed" by $3 trillion in the last decade, reflecting a quadrupling of private sector debt between 2004 and 2014, found the IMF's Global Financial Stability Report. This dangerous over-leveraging now threatens to unleash a wave of defaults that will imperil an already weak global economy
Billions of barrels of oil have been discovered in Israel, and this discovery could essentially make Israel energy independent for many decades to come. But there is just one problem. This discovery was made in the Golan Heights.
Purchases can be made through a Web site, with the funds drawn out of an Internet bank account, where the money was originally deposited electronically. People are earning and spending money without ever touching it.
China launched the first phase of its China International Payment System (CIPS) in Shanghai on Thursday, allowing cross-border transactions in the Chinese national currency, the yuan. Up to 19 major banks were named as direct participants in CIPS, with 38 Chinese banks and up to 140 foreign financial institutions named as indirect participants.
Upscale food market operator Whole Foods Market said it would cut about 1,500 jobs, or about 1.6 percent of its workforce, over the next eight weeks.
There exists an overlapping and highly integrated network of institutions, committees and secret meetings of ad-hoc groups that collectively run the global economy. This network consists of finance ministries, central banks, international organizations and the various conferences and confabs that bring them together. This network is responsible for facilitating global financial diplomacy and managing the architecture of global financial governance. It is the most powerful and informal political structure in the world. United States at the center of the system.
Five large purchasers of US Treasuries – China, Russia, Norway, Brazil, and Taiwan – have changed their minds. They’re dumping Treasuries, each for their own reasons that are now coinciding. And at the fastest rate on record. For the 12-month period ended July, sales of Treasuries by central banks around the world reached a net of $123 billion, “the biggest decline since data started to be collected in 1978,
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