BRICS Bank open for business

09
Jul
09 Jul 2015 In GLOBAL ECONOMIES, Banking Comments Off on BRICS Bank open for business

July 7, 2015 The long-heralded New Development Bank (NDB) or the BRICS Bank officially commenced business on Tuesday with the first meeting of its board of governors in Moscow. The NDB with about $50 billion in capital to invest in public infrastructure will compete with institutions where the US has considerably more influence—organizations such as the World


China’s stockmarket crash

08
Jul
08 Jul 2015 In GLOBAL ECONOMIES, Banking Comments Off on China’s stockmarket crash

China’s stockmarket crash A red flag Jul 7th 2015, 9:36 BY S.R. | SHANGHAI CHINA is certainly not the first country to try to prop up a falling stockmarket. The central banks of America, Europe and Japan have all shown form in buying shares after crashes and cutting interest rates to cheer up bloodied investors. But


Greece faces last chance to stay in euro as cash runs out

07
Jul
07 Jul 2015 In GLOBAL ECONOMIES, Banking Comments Off on Greece faces last chance to stay in euro as cash runs out

http://www.reuters.com/article/2015/07/07/us-eurozone-greece-idUSKBN0P40EO20150707 Tsipras Begins Brussels Campaign to Keep Greece Inside the Euro http://www.bloomberg.com/news/articles/2015-07-07/greece-warned-ibt1cq56 Schaeuble Says Pressure Is on Greece to Propose Crisis Fix Schaeuble Says Pressure Is on Greece to Propose Crisis Fix Schaeuble Says Pressure Is on Greece to Propose Crisis F… German Finance Minister Wolfgang Schaeuble said the pressure is on Greece to sketch


Currency Market – Mark Down This Date: October 20, 2015

04
Jul
04 Jul 2015 In UNITED STATES, GLOBAL ECONOMIES, Banking Comments Off on Currency Market – Mark Down This Date: October 20, 2015

If you own anything priced in U.S. dollars… Mark Down This Date: October 20, 2015 For the first time in 35 years, an upcoming announcement could start a new era in modern finance, and could create a once-in-a-lifetime moneymaking opportunity. Dr. Steve Sjuggerud and his research team have put together a full analysis on not only


ARE YOU READY FOR THE NEW WORLD CURRENCY?

02
Jul
02 Jul 2015 In GLOBAL ECONOMIES, Banking Comments Off on ARE YOU READY FOR THE NEW WORLD CURRENCY?

https://genemcvay.wordpress.com/2015/06/29/are-you-ready-for-the-new-world-currency/ ARE YOU READY FOR THE NEW WORLD CURRENCY? The billboard promoting a “New World Currency” is near an International Airport in Asia. Most people have no idea what this billboard really means and won’t know until October or November of this year. Don’t expect Scott Pelley, Anderson Cooper, Brian Williams, Dian Sawyer, Ann Curry, Bill


The world is defenceless against the next financial crisis, warns BIS

29
Jun
29 Jun 2015 In GLOBAL ECONOMIES, Banking Comments Off on The world is defenceless against the next financial crisis, warns BIS

Monetary policymakers have run out of room to fight the next crisis with interest rates unable to go lower, the BIS warns Central bankers have ventured beneath the “zero lower bound” on rates to combat economic weakness By Peter Spence, Economics Correspondent 11:30AM BST 28 Jun 2015 605 Comments The world will be unable to fight the


Euro, Stocks Slide As Greece Edges Closer To Default

29
Jun
29 Jun 2015 In GLOBAL ECONOMIES, Banking Comments Off on Euro, Stocks Slide As Greece Edges Closer To Default

TOKYO | BY HIDEYUKI SANO http://www.reuters.com/newsmails Pedestrians walk past electronic boards showing Japan’s Nikkei average (top C L) and the exchange rates between the Japanese yen against the U.S. dollar (top C R) outside a brokerage in Tokyo, Japan, June 23, 2015. REUTERS/YUYA SHINO The euro fell almost 2 percent on Monday and European share markets looked set


Al-Iraqia becomes a new member of IBBC as Money Transfer Company

26
Jun
26 Jun 2015 In IRAQ, Banking Comments Off on Al-Iraqia becomes a new member of IBBC as Money Transfer Company

IBBC ‏@IBBC_London  14m14 minutes ago We are delighted to welcome Al-Iraqia For Money Transfer Company as members of the IBBC!


F.B.I. raids home and business in Brookhaven

04
Jun
04 Jun 2015 In Investments & Opportunity, Banking Comments Off on F.B.I. raids home and business in Brookhaven

LINK: http://m.wsbtv.com/news/news/local/fbi-raids-brookhaven-home-and-business/nmTf5/ DEKALB COUNTY, Ga. — The FBI raided a DeKalb County home and business Wednesday morning. Our cameras were rolling at a currency exchange company on Buford Highway and a house on East Brookhaven Drive as agents removed boxes of evidence. FBI agents, along with the Brookhaven Police Department, descended on the home before 7


Ex-US Speaker indicted over $3.5 million in payments

29
May
29 May 2015 In UNITED STATES, Banking Comments Off on Ex-US Speaker indicted over $3.5 million in payments

. . CHICAGO (AP) — Federal prosecutors on Thursday announced the indictment of former U.S. House Speaker Dennis Hastert for evading banking laws and lying to the FBI about payments he made to an unidentified person to conceal past misconduct. The indictment does not describe the misconduct Hastert was trying to conceal. The details were