By Peter Schiff via EuroPac.net | On October 9th, 2013 Now that Janet Yellen has been named to lead the Federal Reserve the global financial markets should factor out any possibility that the Fed will diminish their Quantitative easing program anytime during…
Biden: The ‘affirmative task’ before us is to ‘create a new world order’… Vice President Joe Biden calls for the creation of a “new world order” at the Export Import Bank conference in Washington on April 5, 2013. Video captured and uploaded…
By Michele Kambas and Karolina Tagaris | From Reuter.com | On Monday, March 25th, 2013 (Reuters) – The president of Cyprus assured his people a bailout deal he struck with the European Union was in their best interests, but banks will remain…
By Mail Foreign Service | From DailyMail.co.uk | On Wednesday, December 26th, 2012 Egypt has imposed a limit on the amount of money people can take out of the country, amid fears of an impending run on the banks. The move to…
By Marc Slavo | From SHTFPlan.com | On August 16th, 2012 In a harbinger of what may be coming our way in the Fall of 2012, billionaire financier George Soros has sold all of his equity positions in major financial stocks according…
By Allan Soldner | From Z6Mag.com | On May 15th, 2012 It was confirmed by the President of Greece, “that the strength of banks is very weak right now.” Multiple reports including the President of Greece has reported that on Monday alone…
From BBC News | On May 17th, 2012 Ratings agency Moody’s has cut the credit ratings of 16 Spanish banks, a further blow to a country that is struggling to deal with the bad debts of its banking sector. It also cut…
By Carla Mozee | From MarketWatch.com | On May 11th,2012 LOS ANGELES (MarketWatch) — Shares of J.P. Morgan Chase & Co. fell Friday evening, with losses accelerating after a ratings downgrade, adding to sharp dayside losses in the wake of the bank’s…
Moody’s downgrades the long-term senior unsecured debt ratings of Commonwealth Bank of Australia, Westpac Banking Corp AU, National Australia Bank Ltd., and Australia & New Zealand Bank Ltd. to Aa2 from Aa1. Patrick Winsbury, Moody’s senior vice president based in Sydney commented,…
U.S. Federal Regulators closed six failing U.S. banks on Friday, bringing the year’s total so far to 34. The banks closed today were: Bartow County Bank of Cartersville, GA New Horizons Bank of East Ellijay, GA Nexity Bank of Birmingham, AL Superior…
