afghan economy

Afghanistan’s economy is on the verge of a collapse

Source: Times of Oman Power vacuum looms over Afghanistan as UN delays the date for announcing the result of presidential elections to mid-September despite Karzai’s plans to leave office next week. Afghan President...

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When France Wants To Get Rid Of The US Dollar, You Know You Have A Problem

Source: western journalism The largest bank in France, BNP Paribas, was just hit with a $9 billion fine and a penalty of not being able to transact in U.S. dollars for one year. This action was...

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financial warfare

How The Future of Warfare is Financial War

Source: Morning Money Au What follows is an exclusive extract of Jim Rickards’ speech at World War D earlier this year. Jim is a lawyer, economist, investment banker and bestselling author of Currency Wars and The Death of...

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Ukrainian servicemen guard a checkpoint near the eastern Ukrainian town of Debaltseve

Russia bans all U.S. food, EU fruit and veg in sanctions response

Source: euro news Russia will ban all imports of food from the United States and all fruit and vegetables from Europe, the state news agency reported on Wednesday, a sweeping response to Western...

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Cyber Spooks Are in Demand at Investment Banks

Source: WSJ-DIGITS The financial sector is looking to bolster its ranks in the war against cybercrime. Banks, including JP Morgan, Citigroup and Bank of America Merrill Lynch have cyber security intelligence roles currently advertised on their...

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The Netherlands was a mailbox paradise for Russia

Editor’s Note: This info is a “Holy Shit” moment. Malaysia Flight MH17 originating from Netherlands is shot down over Eastern Ukraine and Russia becomes the culprit. NATO was conducting Electronic warfare exercises interfering with...

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European Union-Russia’s FSB, SVR chiefs, DNR, LNR authorities on sanction list

Source: famagusta-gazette Director of Russia’s Federal Security Service (FSB) Alexander Bortnikov, Director of Russia’s Foreign Intelligence Service (SVR) Mikhail Fradkov and President of Russian North Caucasian Republic of Chechnya Ramzan Kadyrov were put on...

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More U.S. Companies Use Chinese Currency Renminbi for Settling Transactions

Source: Treasury and Risk Among U.S. companies that do business in China, the proportion settling transactions in renminbi (RMB) has nearly doubled in the past year. The United States still lags behind some European nations, but...

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Russia Uses Sberbank to Flex Its Financial Muscle

Source: Business Week A quarter century ago, when communist regimes in central and eastern Europe tumbled one after another, the economically devastated Soviet Union could do nothing but watch. The USSR fell apart,...

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ISIS Cashing in on Looted Antiquities to Fuel Iraq Insurgency

Source: National Geographic Much evidence suggests that ISIS cashed in on the Syrian oil fields it captured. But two weeks ago, Iraqi intelligence officers discovered new sources of its income, according to a report in...

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Secretive Swiss vaults may hold missing link in platinum price equation

Source: Reuters Underground vaults next to a Swiss farming village may reveal one reason for the platinum market’s indifference to its biggest ever supply shock. Most analysts and market players expected steep price...

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Germans give up on getting back their gold held in US

Source: Mining On January 16, 2013 Germany’s central bank, the Bundesbank, said it will ship back home all 374 tonnes it had stored with the Banque de France in Paris, as well as...

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Gazprom strategy: swapping dollar bonds for gas pipelines

Source: VOR After the new contract between Gazprom and CNPC was signed, the western media was quick to claim that Russia’s gas giant would not be able to fund the pipeline needed to...

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Chinese army think-tank says Arctic energy would help economy

Source: Reuters UK Oil and gas resources in the Arctic are an important resource to guaranteeChina‘s sustained economic growth and the country should actively look at developing it, state media on Wednesday cited...

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Billions of NATO-dollars unaccounted for

Editor’s Note: And Now NATO using Ukraine to syphon more money from EU Source: Billions of dollars are unaccounted for in the books of the North Atlantic Treaty Organization. Parliamentarians of 28 NATO countries...

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Russian bank chiefs take aim at US dollar

Source: america aljazeera  Russian companies will make bypassing the U.S. dollar in international transactions a top priority, the heads of three Russian banks said this week, in the latest sign that Russia is...

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The U.S. Treasury Department Is Sharing Bank Data With Intelligence Agencies

Source: IBT Even though the U.S. Treasury Department allows intelligence agencies such as the CIA and NSA to access Americans’ banking information, there are a few limits. At the end of last week,...

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