Tag Archive: Financial markets

Apr 30

Are the Greek Government’s goals so far from Troika’s?

“The current disagreements with our partners are not unbridgeable. Our government is eager to rationalize the pension system (for example, by limiting early retirement), proceed with partial privatization of public assets, address the non-performing loans that are clogging the economy’s credit circuits, create a fully independent tax commission, and boost entrepreneurship. The differences that remain …

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Permanent link to this article: http://www.opusnet.org/archives/10489

Apr 14

BRICS and the Fiction of “De-Dollarization”

An interesting essays of Prof. Michael Chossudovsky published on Global Research dismantles the position of “the financial media as well as (of) segments of the alternative media (that) are pointing to a possible weakening of the US dollar as a global trading currency resulting from the BRICS (Brazil, Russia, India, China, South Africa) initiative” to …

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Permanent link to this article: http://www.opusnet.org/archives/10338

Mar 27

Bank of England undermines the Classic Money Creation Theory

“In exceptional circumstances, when interest rates are at their effective lower bound, money creation and spending in the economy may still be too low to be consistent with the central bank’s monetary policy objectives. One possible response is to undertake a series of asset purchases, or ‘quantitative easing’ (QE)… As a by-product of QE, new …

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Permanent link to this article: http://www.opusnet.org/archives/3531

Jan 25

Italy for sale #4: how to became the owner of the Central bank and earn easy money

Great deals for Italian banks. The privatisation law of Bank of Italy was definitively approved yesterday. It brings huge earnings to the private banks holding the shares of the Central Bank nd the chance to buy new stocks for foreign banks, amongst the protest of minority groups in the Parliament. Notwithstanding the 262/2005 law which …

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Permanent link to this article: http://www.opusnet.org/archives/3431

Dec 04

Bail-ins and deposit confiscation

goldcore_bloomberg_chart1_03-12-13

From comedonchisciotte.org the (old) ‘Future of Banking in Europe’ Conference report (with some commercial interest by goldocore.com for example) is shocking… One of the aspects of the new negotiation on the European union will be a ‘bail-in’ of deposits when banks fail in the future. Michael Noonan, Ireland’s Minister for Finance at the time, confirmed …

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Permanent link to this article: http://www.opusnet.org/archives/3289

Oct 22

The birth of the ‘de-Americanized’ world

China has had enough. The Country of Great Wall is working at a “de-Americanized” world. A commentary of Xinhua, a State controlled press agency, explains how and why and launches the idea of Petroyuan. “With its seemingly unrivaled economic and military might, the United States has declared that it has vital national interests to protect …

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Permanent link to this article: http://www.opusnet.org/archives/3153

Jun 23

Self-fulfilling prophecies

Italy seizing up in a Mediobanca Security report to its customers, uncovered by ilfattoquotidiano.it.   Mediobanca Securities report from ilfattoquotidiano The Country is also in the “blacklist” of European peripheral States —Greece, Spain, Portugal and Italy—  where Constitutions with “a strong socialist influence” might put them at the center of the debt crisis, a J. …

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Permanent link to this article: http://www.opusnet.org/archives/1438

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