The war has been declared
between the economicpolitical world and the financial-banking interests
The current period is a typical example where an impressive number of
explosive factors are combining: new financial bubbles inflated by
massive injections of public money, worldwide geopolitical instability,
currency wars, political the beginning of the political war against
“financial terrorism”, political crisis in Europe…
Fed comments show growing focus on low inflation
The Federal Reserve will be watching price data closely for further
signs of falling prices, two central bank officials indicated on
Thursday Richmond Fed President Jeffrey Lacker and Minneapolis Fed
President Narayana Kocherlakota said that that the Fed must be on its
guard against falling prices...
Is a Change in China’s Currency Policy Imminent?
A widening of the Chinese yuan's trading band could be imminent judging
by the latest comments from the country's central bank, but analysts
add one important caveat: don't expect any change to bring a significant
strengthening of the currency...
Texas : l'usine d'engrais, déjà épinglée, n'avait plus été contrôlée depuis 2006
Si les enquêteurs n'excluent pas la piste de l'accident, c'est que le
site, qui renfermait des produits toxiques et potentiellement explosifs,
avait déjà été épinglé par les autorités fédérales il y a quelques
années...
US Mint Sells Record 63,500 Ounces Of Gold In One Day
One of the more curious revelations of the New Normal is the
fundamental dichotomy when investing between paper "investors", or those
who chase returns based on intangible, fiat-based and central
bank-backed promises, such as capital appreciation or cash flow streams,
and those who would rather convert their paper money into hard assets,
even if said assets can not be, in the immortal words of Warren Buffett,
fondled, or otherwise generate a cash-based return. Such as gold...
Goldman beats estimates, but CFO says clients’ memories of financial crisis are still fresh
Goldman Sachs reported what seemed like a good first quarter, but
analysts were more concerned about the bank’s future than the past three
months. They peppered the chief financial officer with questions about
impending regulations, and investors sent Goldman’s stock down even as
other banks rose...
Bank of America revenue drops, legal settlement stings
Bank of America Corp's revenue fell across almost all its businesses in
the first quarter, and the bank was hit yet again by mortgage mess
cleanup costs, showing the difficulties Chief Executive Brian Moynihan
faces in moving past the housing crisis...
EU 'losing £4 billion of taxpayer cash to fraud'
More than £4 billion of taxpayer cash is "disappearing" from the
European Union budget every year because officials are failing to get a
grip on fraud, a damning parliamentary report said today..
Heading off a China-style Subprime Mortgage Crisis
Warning of local governments' high exposure to bad debts, the credit
agency Fitch recently downgraded China's long-term local-currency rating
from AA– to A+. Officials should take note: the downgrade underlines
how closely international markets are watching developments in the
country...
La crise financière? Une simple histoire de cocaïne...
Pour le professeur David Nutt, l'équation est simple : la crise
financière a été causée par une prise excessive de cocaïne de la part
des banquiers. Sa théorie, exposée dans un hebdomadaire britannique,
fait l'objet d'un véritable buzz Outre-Manche...
Why apple dipped below $400 and what to do now
Earlier today Apple briefly dipped below $400. Behind the dip are both fundamental and technical reasons...
Copper Falls Below Key Level; Warning Signs Flash
Copper, a barometer for the global economy, broke a key support level,
signaling more selling ahead for the metal and possibly stocks and other
risk assets...
Ohio’s $500 Billion Oil Dream Fades as Utica Turns Gassy
Four of the biggest stakeholders in untapped deposits known as the
Utica Shale have put up all or part of their acreage for sale, as prices
fall by a third in some cases. Chesapeake Energy Corp. (CHK) of
Oklahoma City, the biggest U.S. shale lease owner, last week offered up
94,200 acres (38,121 hectares)...
When Britain stops blaming itself, it can overthrow the existing order
Following the credit crunch, you might have supposed free market
thinking was dead and buried. The banks – deregulated stormtroopers of
the neoliberal army – nearly caused the collapse of the world economy
and the taxpayer picked up the tab for the gamblers in the City
casino...
Iceland signs first European free trade pact with China
Iceland on Monday (15 April) became the first European country to sign a
free trade agreement with China after six years of negotiations. A
joint-statement notes the two sides want “to enhance their exchange and
practical co-operation on the Arctic” and “further deepen their mutually
beneficial co-operation in the fields of trade and investment.” ...
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This special Press Review reviews articles from the French and
Engligh-speaking international online media relating to the unfolding
global crisis.
It is delivered freely on a weekly basis to 60,000 recipients worldwide.
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Os animamos a enlazar y clikar en los links, para poder leer toda la noticia. Otra forma de formarse opinión. Practicas los idiomas y empatizas con ... otra forma de entender la realidad.
Un saludo a todos y todas,
Enric Doménech ( des de Xàbia)