France is sliding into a grave economic crisis and risks a full-blown “hurricane” as investors flee rocketing tax rates, the country’s business federation has warned. Francois Hollande is tightening fiscal policy by 2pc of GDP next year to meet EU… Read More ›
Asset and Resource Hoarding
Economics play a pivitol part in Human Health…Whether it be buy quality food, or just food. Control and individuals Disposable wealth, you control many aspects of a person health (i.e. Mental and Physical)
Expenses scandal: MPs block details of new expenses
The Speaker of the House of Commons is attempting to block the publication of MPs’ expenses that are believed to show that some rent their taxpayer-funded homes to each other. David Laws was forced to resign and repay tens of… Read More ›
Richest Man in History of World was African King : #8 was Muammar Gaddafi (former Libyan leader, 1942-2011) $200 billion
Wednesday, 17 October 2012 When we think of the world’s all-time richest people, names like Bill Gates, Warren Buffet and John D Rockefeller immediately come to mind. But few would have thought, or even heard of, Mansa Musa I of… Read More ›
Germany shocks EU with fiscal overlord demand, to Counter the competition Tsar the arch-enforcer of the EU machine. After taking on contingent liabilities of €2 trillion
Germany has stated its exorbitant price for keeping Greece in the euro and agreeing to mass bond purchases by the European Central Bank. Finance minister Wolfgang Schaeuble dropped his bombshell in talks with German journalists on a flight from Asia…. Read More ›
Life not improving for Europeans, says survey: 54 percent, are “struggling” and 10 percent are “suffering.”
Posted By Betsi Fores On 2:06 PM 10/15/2012 @ 2:06 PM In Daily Caller News Foundation,World The Nobel Peace Prize-winning European Union does not receive such rave reviews from its own residents, according to a new Gallup polls. “As the… Read More ›
Solyndra Claims Chinese Conspiracy Ruined It
By PHILIP A. JANQUART OAKLAND, Calif. (CN) – Solyndra, whose 2011 bankruptcy set off political howls in the United States, sued three Chinese companies in Federal Court, claiming they violated antitrust law by dumping solar panels in the United… Read More ›
It’s not easy being a Yakuza boss
By Jake Adelstein — Oct 15 These days the price of a standard civilian hit-job can run as high as $2 million. That’s not the price to get the job done — that’s the price if one of your underlings… Read More ›
How big business cashes in on breast cancer: Junk food, Barbie dolls and even power tools are jumping on this month’s pink ribbon bandwagon
By Linda Kelsey PUBLISHED:16:40 EST, 14 October 2012| UPDATED:18:00 EST, 14 October 2012 Most people must be aware that we’re in the middle of Breast Cancer Awareness Month. Since the beginning of October, I’ve been accosted by women (and men)… Read More ›
Euroland’s debt strategy is an economic and moral disgrace
The International Monetary Fund has demolished the intellectual foundations of Europe’s debt crisis strategy. A demonstration against austerity measures near the Spanish Parliament. Photo: AP By Ambrose Evans-Pritchard 4:52PM BST 14 Oct 2012 Drastic fiscal tightening in a string… Read More ›
IMF needing more Donations..Obama administration is waiting till after elections to donate tax payer money
Finance leaders back EU, U.S. to-do list to shield growth Sat, Oct 13 2012 By Anna Yukhananov and Tetsushi Kajimoto TOKYO (Reuters) – World finance leaders on Saturday endorsed a checklist of policy reforms aimed at pressuring Europe and the… Read More ›
Biofuels Benefit Billionaires
ScienceDaily (Oct. 11, 2012) — Biofuels will serve the interests of large industrial groups rather than helping to cut carbon emissions and ward off climate change, according to research to be published in the International Journal of Environment and Health… Read More ›
Billionaire Koch brother ‘imprisoned and interrogated executive who had concerns over the company’s tax evasion scheme’
By Snejana Farberov PUBLISHED:17:57 EST, 13 October 2012| UPDATED:19:22 EST, 13 October 2012 Tycoon: William Koch, the CEO of the Oxbow Group with a personal worth of $4billion, is accused of imprisoning and interrogating one of his executives Billionaire and… Read More ›
Auditor: EU agencies may pose threat to safety : No oversight, serious conflicts of interest and corruption
12.10.12 @ 09:22 Conflicts of interest in four EU agencies authorising food, medicines, chemicals and aviation security standards might be putting people’s safety at risk, an audit has shown. “None of the four agencies under review manage conflicts of interest… Read More ›
Rothschild fears Bumi ‘divorce’ will lead to cheap asset sale
Financier Nat Rothschild fears a £750m “divorce” deal proposed by his partners in FTSE 250 coal group Bumi could offer them a backdoor way to acquire all of the company’s assets. The plan was the Bumi would bring great Indonesian… Read More ›
FBI in Philly reports theft of new $100 notes
Associated Press – 3 mins 22 secs ago Associated Press/FBI – This undated image provided by FBI shows the newly designed $100 bill. The FBI is reporting an unusual heist of some of the bills, which aren’t going into circulation… Read More ›
Lagarde warns of ‘wartime level’ debt
News On Japan via Japan Times — Oct 13 Cutting public debt while encouraging economic growth will be vital in stabilizing the global economy, which is showing a slower than expected recovery, International Monetary Fund Managing Director Christine Lagarde… Read More ›
Anonymous vows revenge after WikiLeaks launches ‘filthy’ paywall
By Stephen C. Webster Friday, October 12, 2012 10:13 EDT Topics: Anonymous ♦ julian assange ♦ Wikileaks Nameless hackers with the online protest movement “Anonymous” have turned on longtime ally WikiLeaks for deploying a paywall on its website that blocks… Read More ›
Facebook ‘immoral’ for paying tax bill of £238,000
Facebook has been accused of “immoral” behaviour after accounts showed that the social media giant paid a corporate tax bill of just over £238,000 last year, despite estimated revenues of £175m. Facebook’s accounts also showed that the social networking group’s… Read More ›
Climate war looms over US coal exports to China: There is a Glut of Coal and Natural Gas in the U.S.
PLANS for mega exports of US coal are poised to become the next flashpoint in the battle over climate change. The industry wants to massively increase shipments of coal to China and other energy-hungry Asian nations. Such a… Read More ›
BP to export U.S. crude to Canada, Shell seeks permit: U.S. domestic production at the highest level since 1995
8:01pm EDT By David Sheppard and Chris Baltimore NEW YORK/HOUSTON (Reuters) – Oil major BP Plc has secured U.S. government permission to ship U.S. crude oil to Canada, and Royal Dutch Shell has applied for an export license, as rising… Read More ›
Revealed: How Facebook ‘gave officials inflated estimates of the number of its users’ just a week before disastrous IPO
U.S. Securities and Exchange Commission had to fight Facebook on 92 queries it had regarding plans for its May 2012 IPO which it filed on February 1st Correspondence between the SEC and Facebook show that Facebook was unable or unwilling… Read More ›
Walmart worker strikes go viral, hitting 28 stores in 12 states
By Stephen C. Webster Wednesday, October 10, 2012 14:16 EDT Topics: Walmart ♦ walmart stores ♦ workers Walmart workers who recently went on strike in Illinois and California appear to have inspired some of their fellow big box employees, and… Read More ›
Chinese nationalists covet Okinawa
By Kelly Olsen National Oct. 10, 2012 – 04:15PM JST BEIJING — In a glass case at Beijing’s Imperial College, an 18th century book with a yellowed title page in bold, black characters is evidence—some Chinese say—that a swathe of modern-day… Read More ›
Selling ‘panic’ on France’s luxury property market as millionaires rush to flee looming tax hikes
More than 400 €1million homes put on the market in Paris since socialist Francois Hollande elected to power France’s super-rich are looking to relocate to ‘wealth-friendly’ countries like Britain Recruitment agency for high-paid banking jobs in London sees increase in… Read More ›
Debt crisis: ECB board member shuts door on Greek pleas for leniency: it would be illegal and “illogical”
Greece cannot have more time to repay its debt to the European Central Bank because it would be illegal and “illogical”, board member Joerg Asmussen has said, as he shut the door on pleas for leniency from the bank. Last… Read More ›
Greek crisis is ‘like the Weimar Republic’
Greece is plunging into an economic and social crisis as desperate as Germany under the Weimar Republic, the Greek prime minister, Antonis Samaras, has warned in an emotional appeal for leniency. Greece is plunging into an economic crisis as desperate… Read More ›
If Germany were to leave the euro, it would be better off
Another week, another conference about the euro. This time it was in Singapore. Nevertheless, it was Germany that was uppermost in my mind, not least because several Singaporeans asked me why Germany doesn’t leave the euro. A worker walks by… Read More ›
America’s top export in 2011 was . . . fuel?
Re-Posted for filing By Brad Plumer, Published: December 31, 2011 Fuel is now the top U.S. export. The Associated Press reports that America is on pace to ship out more gasoline, diesel and jet fuel than anything else in… Read More ›
California gas prices reach all-time high following drop in supply: They claim because of a power outage Monday at a Southern California refinery
State moves above Hawaii as most expensive place to buy gas, with some drivers paying $5 a gallon, as prices drop elsewhere Associated Press in California guardian.co.uk, Sunday 7 October 2012 10.08 EDT Californians are paying 24 cents… Read More ›
Suspicions, doubts linger after pope’s butler verdict
9:47am EDT By Philip Pullella VATICAN CITY (Reuters) – The swift conviction of Pope Benedict’s former butler leaves lingering suspicions that he was a pawn in a much larger Vatican intrigue involving infighting in the papal court and alleged corruption… Read More ›
National Bank of Canada foreclosing Americans’ homes over credit card debt
By Stephen C. Webster Friday, October 5, 2012 13:15 EDT Topics: California ♦ credit card debt ♦ National Bank of Canada The National Bank of Canada is attempting to foreclose upon hundreds of American families’ homes in California over old… Read More ›
Almost 50% of Fruits and Vegetables in the EU Is Not Consumed
Rotting apples. (Credit: © nickos / Fotolia) ScienceDaily (Oct. 3, 2012) — Almost 50% of fruits and vegetables in the EU is not consumed. According to a report by the Food and Agriculture Organization of the UN, the main losses… Read More ›
Oxfam: Land snapped up by corporations could have fed nearly 1 billion
By John Vidal, The Guardian Thursday, October 4, 2012 9:54 EDT International land investors and biofuel producers have taken over land around the world that could feed nearly 1bn people. Analysis by Oxfam of several thousand land deals completed in… Read More ›
Eurocrats demand £8 billion in extra national payments to Brussels budget : While others Cut the EU increases spending at twice the rate of inflation
Eurocrats are to demand £8 billion in extra national payments to the Brussels budget fuelling government anger at the “incontinence” of European Union spending. The European Commission will request increased contributions from national treasuries to plug a black hole in… Read More ›
‘Bahrain buys favorable CNN content’
Engineering Evil : This is second confirmation on CNN becoming a propaganda venue for those willing to pay…. Keep in mind RT is the 2nd source, which I do not feel comfortable with yet. (Which is EE’s personal prejudice ) Prior… Read More ›
Iran currency crisis sparks Tehran street clashes: Rial has lost a third of its exchange value against the dollar in a week
Police use teargas and batons on demonstrators and Tehran bazaar closes as value of rial plunges Saeed Kamali Dehghan The Guardian, Wednesday 3 October 2012 14.32 EDT Iran’s rial has lost a third of its exchange value against the dollar in… Read More ›
America’s financial crisis is laid bare as it’s revealed that every newborn owes more than $13,000 in state debt
State governments face combined debt of more than $4trillion When broken down to a per capita basis, every American – including babies born each day – owes an average of $13,425 By Graham Smith PUBLISHED:07:55 EST, 3 October 2012| UPDATED:07:56… Read More ›
Ten more years of pain: World economy will stay in crisis for at least another decade, says IMF chief economist
Olivier Blanchard was speaking to Hungarian website Portfolio.hu He said Germany would have to accept higher inflation and a real strengthening of its purchasing power He said U.S. still has big problems to solve Japan’s crisis ‘may take decades to… Read More ›
Spain’s tax take tumbles as companies go abroad: Spain’s corporate tax take has tumbled by almost two thirds from pre-crisis levels
Spain’s tax take tumbles as companies go abroad By Tracy RucinskiPosted 2012/10/03 at 8:00 am EDT MADRID, Oct. 3, 2012 (Reuters) — Spain’s corporate tax take has tumbled by almost two thirds from pre-crisis levels as small businesses fail and… Read More ›
Debt crisis: troika demand even tougher austerity on stricken Greece
Greece’s international creditors are demanding the imposition of even tougher austerity measures despite the delivery this week of Antonio Samara’s hard-won €13.5bn package of cuts. Protester sitting in wheelchair waits along with other protesters for troika inspectors to arrive Photo:… Read More ›
UK hooked on debt, PIMCO boss warns: “warning that the US would turn into Greece within a decade “
UK hooked on debt, PIMCO boss warns Britain is part of a debtor nation “ring of fire” where bondholders are at risk of being “burned to a crisp”, the head of the world’s biggest bond house has warned. The UK… Read More ›
Almost 2,400 Millionaires Pocketed Unemployment Benefits
By Frank Bass – Oct 2, 2012 Almost 2,400 people who received unemployment insurance in 2009 lived in households with annual incomes of $1 million or more, according to the Congressional Research Service. The report was released after about… Read More ›
European Central Bank and the Federal Reserve succesful in their plan to devalue the Dollar to protect the Euro
US Dollar takes a Hit Sunday, 30 September 2012 The Dollar Index fell by the most since the first quarter of 2011 after the European Central Bank pledged to protect the euro from unraveling and the Federal… Read More ›
Thousands take to the streets of Paris in move described by government minister as ‘fundamental error’ against austerity
French protesters march in ‘resistance’ to austerity Kim Willsher in Pars The Guardian, Sunday 30 September 2012 11.48 EDT Protesters carry a banner reading ‘no to austerity’ at a march in Paris. Photograph: Michel Euler/AP Thousands of demonstrators took to the… Read More ›
Clashes at third day of Spain austerity protest
Clashes at third day of Spain austerity protest, Riot police and protesters have clashed in Madrid for the third time in less than a week during anti-austerity protests
Senior Government minister has accused the EU of squandering Britain’s international aid budget on schemes that often have nothing to do with alleviating world poverty.
Senior Tory accuses EU of “squandering” Britain’s aid budget Alan Duncan has accused the EU of “squandering” Britain’s international aid budget. Photo: Justin Sutcliffe Robert Mendick and Andrew Gilligan 9:00PM BST 29 Sep 2012 Alan Duncan, the minister of state… Read More ›
Canada won’t say if China involved in hacking incident : KrebsOnSecurity.com cited experts who said digital fingerprints left during the attack pointed to Chinese hackers
2:48pm EDT By David Ljunggren OTTAWA (Reuters) – Canada said it was aware hackers had breached security at a domestic manufacturer of software used by big energy companies, but declined to comment on a report that a Chinese group could… Read More ›
Italian unions strike against Monti, close Colosseum 1 of 7. A protester covers himself with a CGIL union flag during a rally in downtown Rome September 28, 2012. Two of Italy’s biggest unions marched through Rome on Friday to protest… Read More ›
Ex-IRS examiner charged with naming whistleblower and interfering with the audit of an international bank
Ex-IRS examiner charged with naming whistleblower Posted 2012/09/28 at 10:20 am EDT WASHINGTON, Sep. 28, 2012 (Reuters) — A former U.S. Internal Revenue Service examiner was arrested on Thursday and charged with exposing an IRS whistleblower and interfering with the… Read More ›
France and Germany revive plan to tax financial markets
By Agence France-Presse Friday, September 28, 2012 13:26 EDT Topics: financial transaction ♦ France and Germany ♦ FTT France and Germany are bidding to revive a controversial financial transactions tax (FTT), seeking support from the European Commission and enough EU… Read More ›