Financial Markets and Money Warfare... The end of the fiat dollar and reserve currency status?
Goldman Throws In The Towell: Slashes S&P Price Target To 3,600... Warns Of Recesion Crash To 3,150... Less then a week after Goldman slashed its 2022 GDP forecast to stagnation (i.e. 0% growth) hinting that a recession was on deck...
Major Australian bank to close ALL of its branches on the east coast and force customers to go to the post office... Bankwest will close its remaining east coast branches and reduce trading hours in regional Western Australia as more customers go online.
Worse to Come: Bank of America Expects Unemployment to Soar to 5.6% Next Year... Unemployment will soar to 5.6 percent by the end of next year, according to a revised forecast from Bank of America.
Russian officials approve use of crypto for cross-border payments: Report... The Bank of Russia and the country’s Ministry of Finance have reportedly reached an agreement allowing cross-border settlements in cryptocurrencies.
Credit Suisse Denies Reports It’s Weighing Exit of US Market... Credit Suisse Group AG denied it’s exiting the US market following a Reuters report that the Swiss bank was mulling such a withdrawal for its investment bank.
Listen for yourself.. don't be shaken! #XRP
Jamie Dimon Slams Crypto Tokens as ‘Decentralized Ponzi Schemes’... Jamie Dimon didn’t mince words when a US lawmaker mentioned the executive’s history of criticizing cryptocurrencies.
Bank of England raises rates but avoids bolder hike like Fed... The Bank of England raised its key interest rate Thursday by another half-percentage point to the highest level in 14 years, but despite facing inflation that outpaces other major economies, it avoided more aggressive hikes made by the U.S. Federal Reserve and other central banks.
Bank of England hikes by 50 basis points, says UK may already be in recession... The Bank of England voted to raise its base rate to 2.25% from 1.75% on Thursday, lower than the 0.75 percentage point increase that had been expected by many traders.
Fed hikes key interest rate 0.75 points for second time as inflation surges... The Federal Reserve approved another steep hike in its benchmark interest rate on Wednesday, pushing forward with a plan to tackle decades-high inflation despite fears the moves could trigger a recession.
WATCH: Federal Reserve Chair Jerome H. Powell delivers remarks on interest rates... Federal Reserve Chair Jerome H. Powell delivers remarks on interest rates on Sept. 21. The central bank is expected to hike rates to control inflation.
RFK, Jr. + Finance Expert: How Big Banks Went From ‘Too Big to Fail to Too Big to Jail’... How did Big Banks go from “too big to fail” during the 2008 global financial crisis to “too big to jail” in 2012?
SITUATION UPDATE 9/19/22... BANKS COULD CLOSE, STOCK UP WARNING, 9/24/22 EVENT, GCR HISTORY, GCR/JUDY BYINGTON UPDATE, RUSSIAN MOD UPDATE, EBS/OMICRON LOCKDOWN, ANTHRAX IN WATER-CANADA, TAIWAN EQ, CA FIRES, HURRICANE IN PUERTO RICO, MORE PLANDEMIC TRUTH REVEALED, CENTRAL BANKS BANKRUPT, “LAW OF WAR” WARNING, QUEEN FUNERAL W/WRINKLED FLAG OVER CASKET, RARE FOOTAGE QUEEN DRUID INITIATION AND MORE.
The Fed is set to hike rates again. Here's what it means for your money.... The Federal Reserve on Wednesday is expected to again wield its most powerful weapon in trying to tame the hottest inflation in four decades: raising interest rates.
Moscow exchange to stop trading in British pounds on Oct 3... Russia's Moscow Exchange said on Tuesday that it would stop trading in British pounds in its foreign currency market on Oct. 3.
China to Extend CBDC Trial to Most Populous Province, Guangdong, Three Others: Report... China's central bank is to extend the trial of its e-CNY digital currency to four major provinces including Guangdong, the most populous, the South China Morning Post (SCMP) reported Tuesday.
Big bank CEOs to sell lawmakers on relief, diversity efforts amid economic, regulatory challenges... JPMorgan Chase & Co Chief Executive Jamie Dimon will warn Congress of economic "storm clouds," while Wells Fargo CEO Charles Scharf will urge patience as the bank addresses longstanding regulatory issues, according to wide-ranging prepared testimony.
Reserve Bank of India seeks a ‘phased implementation’ of the digital rupee... On Tuesday, September 20, the Governor of the Reserve Bank of India (RBI), Shaktikanta Das, said that the country’s central bank is dedicated to fostering innovation for financial technology businesses while also keeping consumer safety in mind.
Russia to name bank soon for trade settlement with India in Rupees... India will soon launch trade in rupees with Russia, the head of the Federation of Indian Export Organizations (FIEO) said this week. This comes after the State Bank of India agreed to simplify a new payment mechanism.
Egypt signs MoU to join Shanghai Cooperation Organization... Egypt and the Shanghai Cooperation Organization (SCO) on Wednesday signed a memorandum of understanding on Egypt’s accession to the organization as a dialogue partner ahead of the summit of heads of state and government of the organization’s member states scheduled to be held in Samarkand, Uzbekistan, on 16 September.
Shanghai Cooperation Organization- a strong pillar of global peace and development... The Shanghai Cooperation Organization (SCO) is an intergovernmental organization founded in Shanghai on 15 June 2001.
SEC, Ripple Call for Immediate Ruling in Suit Over Whether XRP Sales Violated Securities Laws... The U.S. Securities and Exchange Commission (SEC) and Ripple Labs each want a federal judge to rule either that the crypto company affiliated with the XRP cryptocurrency violated federal securities laws or otherwise dismiss the lawsuit without requiring a lengthy trial.
Turkey's Erdogan targets joining Shanghai Cooperation Organisation, media reports say... President Tayyip Erdogan said he was targeting membership of the Shanghai Cooperation Organisation (SCO) for NATO-member Turkey, broadcaster NTV and other media said on Saturday.
Lebanon banks close branches for 3 days after depositors' incidents... The Association of Banks in Lebanon, on Friday, announced the closure of all banks' branches across Lebanon for three days after a series of depositors' hold-ups demanding withdrawal of their savings, Anadolu News Agency reports.
The Nilar: A Pan-African Gold Currency – OpEd... African countries emerged as “independent” nation-states in the context of a debt-based fiat money system, the fiat dollar standard. Independent is in quotation marks because the independence of the countries of Africa is nominal. This is said with due respect and gratitude to all the brave men and women who fought, bled and died to end (direct) colonialism.