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Showing posts with label banks. Show all posts
Showing posts with label banks. Show all posts

Saturday, February 15, 2014

When - will the USD collapse?

Published on Feb 14, 2014 | A look at petrol dollars, why it is in demand, how it has assist US economy and the rationale how it will collapse.




Friday, December 17, 2010

Bucket Brigade Bailouts: 'MEPs payrise amid cuts bad signal for sinking Euro'

RussiaToday | December 17, 2010 - EU leaders meeting in Brussels have agreed to set up a permanent mechanism to save Eurozone economies sinking in debt. They promised to do "whatever is required" to safeguard the common currency. William Engdahl, an economist and author thinks the Union needs a lot of political will to bring the crisis under control and keep the common currency going.





Tuesday, December 14, 2010

Beginning of the end for net neutrality? Two Leaks on WikiLeaks:-

RTAmerica | December 08, 2010 - As a result of WikiLeaks, the Obama Administration may introduce a new bill that would allow government officials the ability to spy on Americans through the internet. Meanwhile, an army of hackers rally behind WikiLeaks by shutting down MasterCard and PayPal because they stopped all payments to WikiLeaks. Investigative journalist Wayne Madsen says we could see massive government surveillance of our personal computers, phones and surveillance of our internet activities.







WikiLeaks 'struck a deal with Israel'

A number of commentators, particularly in Turkey and Russia, have been wondering why the hundreds of thousands of American classified documents leaked by the website last month did not contain anything that may embarrass the Israeli government, like just about every other state referred to in the documents. The answer appears to be a secret deal struck between the WikiLeaks “heart and soul”, as Assange humbly described himself once [1], with Israeli officials, which ensured that all such documents were 'removed' before the rest were made
public.
Read more :

Wikileaks defectors to launch Openleaks alternative

This would form a distributed network of submissions pages across the web, powered by Openleaks technology for keeping sources anonymous and documents secure.

Whistle-blowers would be able to submit documents to an organisation's site, which would then be available for them to use for an exclusive period, specified by the source.
Read more :

Monday, December 13, 2010

China : US hypocrisy, critical on human rights but happy to do business.

RT | 10 Dec 2010 - When it comes to human rights in China, the US talks tough but rarely takes action. But, the US is happy to do business in China.

"We are also here to remind our friends in the Chinese government that you cannot suppress the human spirit, that freedom yearns to express itself. Xie xie," Congressman Dennis Kucinich, a Democrat from Ohio, told the crowd amid applause.

But Washington's dependence on Beijing economically and its eagerness to sell billions of dollars in arms to Taiwan, Japan and South Korea highlight the US's hypocrisy when it comes to human rights.

Medea Benjamin, founder of CODEPINK and a peace activist who has worked on human rights issues in China, said successive administrations have selectively criticized human rights in China not only for moral reasons, but for defense dollars as well.

"The US military needs an enemy," Benjamin said."One of the things that the US wants to do is continue the arms trade, and selling $6 billion in arms to Taiwan is part and parcel of this fearmongerin. All that fearmongering is being used to create a stronger weapons industry."






Saturday, December 11, 2010

:: Islamic banking ::

Islamic banking is not about removal of interest but about the structure of the agreement to make it Syariah compliance. Nonetheless Islamic Bank have to be subservient International Standards and with external Syariah boards paid by the banks :






VOAvideo | July 28, 2010 - Islamic banking is growing around the world, but its ability to compete in the marketplace while following Islamic law may have limitations. VOA's Philip Alexiou.

Tuesday, November 30, 2010

Entire construct of the European Union is broken!

'4 Bln Euros vanish from EU budget annually'

RussiaToday | November 28, 2010 - Gripped by protests and crisis, EU nations are being forced to fend for themselves. It is time to go back to the drawing board, before it is too late, believes Nirj Deva, MEP, UK Conservative Party. He says the entire construct of the European Union is becoming unmanageable."The construct is incapable of meeting the challenges of the 21st Century. It was constructed after the war - Churchill's 'Empires of the Mind' in a single European space. It was constructed to prevent a major war in the Continental Europe by locking Germany, France and all the other countries into single space with settled values - democratic, pluralistic - diverse, but accountable values," Deva told RT. "Now it needs a new construct to be able to work in cooperation with Russia, with primary energy producers and suppliers, to work as a good neighbor in areas such as Ukraine, Moldova, Belarus and so on. We need therefore a much more flexible construct," he added.






Sunday, November 28, 2010

Discussing American madness :: The Anti-American Manifesto.

'Re-distributed bailout would mean $350,000 per American'

"The Anti-American manifesto is addressing the fact that neither the Democrats nor the Republicans are able or willing to address the biggest problems facing the US today, which are the economy, the environment, healthcare and the wars," Rall told RT. "And now you have to ask yourself as an American do you want to tolerate the system that is unresponsive and not going to go anywhere or do you want to change it. The Anti-American Manifesto is not anti-American, it is anti the American government, or more specifically, this American government. We can do better and that's what I want to do."




Wednesday, November 10, 2010

Naked Capitalism and QE(quantitative easing)2

TheRealNews | November 09, 2010 - Naked Capitalism's Yves Smith: Banks to Cash In on QE2 "Carry Trade" - Fed's 600 B quantitative easing may well make more profits for bankers.