Multipolar World gaining momentum: Taiwan, next major Chinese yuan (RMB) offshore center?
March 15, 2013 (TSR-Xinhua) - Taiwan, while not famous as a financial hub, is being considered as a candidate to become the next major renminbi (RMB) offshore center along...
The big banks’ big lies in Australia
by Michael West and The Sydney Morning Herald
March 3, 2013 (TSR) - The major banks are supercharging their profits at the expense of customers. Their funding costs have fallen,...
US Congress to request details of foreign account holders with US banks
February 7, 2013 (TSR) - The US government is reportedly considering requesting details from banks of foreigners holding accounts in America. The news follows US demands for details of...
US sues Standard & Poor over pre-crisis mortgage ratings
February 5, 2013 (TSR) - The U.S. government says Standard & Poor's knowingly inflated its ratings on risky mortgage investments that helped trigger the 2008 financial crisis.
The credit rating...
South Korean bank borrows first RMB (Yuan) fund from swap deal with China
January 27, 2013 (TSR) - The Korea Exchange Bank (KEB) borrowed the first Reminbi (RMB) fund that came from the currency swap deal between Seoul and Beijing, heralding a...
U.S. Central banking with ‘other people’s gold’: A $368bn treasure trove in Lower Manhattan
by Michel Chossudovsky
January 24, 2013 (TSR) - Germany is repatriating its gold reserves from the New York Federal Reserve. This decision has created a frenzy in the gold market....
High Level International Crime Intelligence Briefing for January 2013
Jan. 22, 2013 (TSR) - The following are intelligence briefs that are mostly given to those who are in high level activities such as our Founder & Publisher, and...
World Banking Regulators Revise Liquidity Rules for Banks
January 6, 2013 (TSR) - The Group of Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision, met today to consider the...
DTCC RESUMES PROCESSING OF PHYSICAL SECURITIES, $36T IN DAMAGE IS YET TO BE DETERMINED
Lady MJ Santos, Publisher's Note: Trillions of dollars of stock certificates are feared ruined after Hurricane Sandy flooded a vault at the Depository Trust & Clearing Corp (DTCC), the...
Bank Of America Fights Back: Billion Dollar Lawsuit Claims ‘Simply False’
October 24, 2012 (TSR) - Bank of America is not taking lightly today’s $1 billion lawsuit filed by the U.S. government.
The nation’s second largest bank is defending itself against...
Another Obama Executive Order Allows Seizure of Americans’ Bank Accounts
by Bob Adelman, New American
October 16, 2012 (TSR) - The latest executive order (EO) emanating from the White House October 9 now claims the power to freeze all bank...
The Politics of Language and the Language of Political Regression
by Dr. James Petras, Ph.D., Author and Writer Specializing in Latin American and Middle Eastern political issues
October 2, 2012 (TSR) - Capitalism and its defenders maintain dominance through the ‘material...
