Most people do not know but banking in the rise from the Dark Ages began with merchants and the banking capitol of Europe was Siena, Italy. This is where the oldest bank in the world resides and it is here where we see the consequences of the CDOs marketed by Goldman Sachs and others have dealt […]

Put has directed a one year ban on importing food from the West. Even fruits and vegetables are now affected by the proclaimed sanctions by the Kremlin. Putin’s one year ban was announced by prime minister Dmitry Medvedev. The sanctions are Russia’s sharpest response to Western sanctions over the Ukraine conflict. They also apply to […]

The question as to WHY is the European Banking System so screwed lies in the problem of the design of the Euro. The failure to create a national debt by consolidating all debts of member states from the outset (explained in detail in the special report), left the European banks vulnerable to the mix of […]

Following the ECJ judgment EU citizens may apply for the cancellation of search listings on Google. The verdict triggered a veritable wave of fire fighting applications. Google has received more than 70,000 requests for deletion of their search files, including about 12,000 applications from Germany alone. Overall, it comes to the removal of more than […]

Citigroup Inc is reported to be close to paying about $7 billion in fines to resolve a U.S. probe into whether it defrauded investors on billions of dollars worth of mortgage securities in the run-up to the financial crisis, reported News Daily. The USA has discovered a cash-cow and the banks have paid now over […]

Well my quick European tours is over and as the old song went, Back in the USA. (Yes I took that Picture). London was booming like I have never seen it before. Everything was very beaming and the hotels were packed. And as for hotels, the same comparable rooms in the same chain seem to be […]

  Merkel Congratulates her boy – Jean-Claude Juncker In an unbelievable move, in an open letter to the next President of the EU Commission, Jean-Claude Juncker, the national MPs have called for a bigger say in EU legislation. The letter is warned that “there are indications that in the EU fades the democratic legitimacy”. Indeed, the EU Commission […]

It is increasingly becoming clear that the message to Britain is either join the euro or get out. Cameron took a stand that the EU had to reform after the rising tide in elections are clearly against the federalization of Europe that was witnessed in the UK and France. The agenda is to federalize Europe […]

The Euro is caving in after the elections. Those in the money know this is doomed. This will help to give a bid temporarily to gold and the dollar. For as people have been pitching that the dollar will decline and gold will rise is purely a domestic view point. The international view point is […]

The Sovereign Debt Crisis that began to show its head in Europe is demonstrating that socialism just does not work. The whole idea of a central managed state and highly regulated pro-worker policy has reduced job growth and exploited labor to such an extent with taxes that the euro countries can no longer fulfill their […]