European Crisis Explodes: Italy Bank Bailout Aims to Avoid "Panic, Run On Deposits"
• http://www.tomdispatch.com, Tyler DurdenA series of bailouts has already begun in response to recent market turbulence over the EU.
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A series of bailouts has already begun in response to recent market turbulence over the EU.
In perfect order out of chaos fashion, the elite are now showing their hand.
In this video the former finance minister of Greece and founder of DiEM25 (Democracy in Europe Movement 2025), Yanis Varoufakis, provides us insights into why the European constitution does not represent European citizens and lacks democratic substan
ECB's Mario Draghi Urges Central Banks to Align Monetary Policy … ECB chief warns against competitive currency devaluations Speaking at a European Central Bank conference in Portugal, ECB President Mario Draghi says divergent monetary policies a
Major financial storms are coming, and they may cause a great deal of damage. There is every indication that what has now starting in Europe could end up on the dollar's doorstep, and upend the whole house of cards.
During Friday's bloodbath, I heard a CNBC anchor lady assuring her (scant) remaining audience that Brexit wasn't a big sweat. That's because it is purportedly a political crisis, not a financial one.
In the long-running global war on drugs, arguably no country in the world has suffered more than Colombia, where I have been doing business and living part-time for over 15 years. Violence, poverty, fear, destruction of families and communities, poli
When it comes to being direct and offering up some truth, one can rest assured that Jim Rogers is a prime candidate to do both.
Airbnb chose to fight.
As if managing the Brexit crisis weren't enough, the U.K. government also needs to find 100 billion pounds ($132 billion) to keep the lights on nationwide after 2020.
Mexican President Enrique Pena Nieto on Monday called for greater integration with Canada and the United States in the wake of Britain's vote to split with the European Union.
Poor Goldman just can't get anything right these days. Having started off 2016 with euphoric optimism, predicting a soaring dollar and at least 4 rate cuts not to mention a blistering recovery, following a series of hits to the US economy and culmina
Gold Will Go Higher Than Most People Can Imagine". As fears of England leaving the European Union came to a head on voting day, a stunning scene emerged on the streets of London. Though it was completely ignored by the mainstream media, the fact th
China weakened the yuan's fixing almost one percent to a five-and-half-year low against the dollar Monday, officials said, the biggest downward move since August as the greenback surge after Britain's vote to leave the European Union.
In No Rush To Trigger Article 50. While the global market eagerly awaits outgoing UK PM David Cameron's address to Parliament on Monday after a weekend of political turmoil that left Britain looking rudderless following the shock vote to leave the Eu
How do you know that "things are getting serious"? Well, one way as Jean-Claude Juncker explained before, is that "you have to lie." Another is when central bankers start withdrawing from cental bank gatherings, which as Reuters reported is what both
Yesterday's Brexit vote dealt a big blow to the establishment elites. It was a much-needed victory for decentralized power and secession.
Brexit has won. A joyous occasion for fans of decentralization.
Fed's Yellen: US economy faces 'considerable uncertainty' … Federal Reserve Board Chairwoman Janet Yellen testifies before the Senate Banking, Housing and Urban Affairs Committee on June 21, 2016 in Washington on June 21, 2016 … Federal R
There is an eerie quiet across markets, one day before the year's main risk event: with the UK referendum vote starting in less than 24 hours and results due out shortly after, it is as if even the algos have stopped frontrunning other algos, in a ma
While SocGen's Albert Edwards has opined previously on the topic of Brexit (with an apparent interest in a "leave" outcome), overnight he once again revisits the only thing that matters to markets over the next 24 hours, and looks at the possible out
… We're Going Back Into The Hurricane This Year"
Many businesses and investors are unprepared for a potential UK exit from the EU following Thursday's (23 June) referendum, according to Sir John Gieve, former deputy governor of the Bank of England " who likened a Brexit to an economic "earthquake
The situation in Venezuela has only been getting worse, and there is virtually no one there who is spared the gathering instability and unrest as millions face food shortages, power outages, a currency crisis and political repression.
Nigel Farage On Brexit: "We Had Momentum Until This Terrible Tragedy" - Here Are The Latest Odds
Keith Neumeyer is well known for his unabashed criticisms of government and central banks, having recently highlighted that the entire precious metals market space has been infiltrated by a small concentration of players who are manipulating the mark
The acting governor of Rio de Janeiro state has declared a state of financial disaster so he has more leeway to manage the state's scarce resources less than two months Brazil hosts the Olympic Games.
CUMANÁ, Venezuela -- With delivery trucks under constant attack, the nation's food is now transported under armed guard.
He is always contrarian and sometimes controversial, now commenting on Brexit, Thailand-based Marc Faber believes a U.K. exit could actually be good for everyone.
A kilo of pasta gets you a packet of diapers. A bag of flour buys a bottle of shampoo.