“As one of the world’s leading international financial centers, Hong Kong’s service-oriented economy is characterised by its low taxation, almost free port trade and well established international financial market. Its currency, called the Hong Kong dollar, is legally issued by three major international commercial banks, and pegged to the US Dollar. Interest rates are determined […]
MONEY
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New rules for seizing financial assets announced by Justice Dept.
The Justice Department will place new limits on the government’s ability to seize bank accounts and other financial assets, Attorney General Eric Holder said, adding that criminal charges must be filed or additional evidence uncovered before it can do so. In a statement on Tuesday, Holder said the new policy would affect the way the […]
Serbian public demands compensation from NATO for 1999 bombardments of Yugoslavia
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China to lend Venezuela $10 bln in coming months: source
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Vladimir Putin Proposes “Eurasian” Currency Union
While the distraction that is the stock market continues to enthrall most Americans, the big shots in the global monetary which for now are taking place behind the scenes, are getting ever louder. One person who is paying attention to the failure of the US to grasp that the unipolar world of the 1980s is […]
97% fake money confiscated in China was duplicated from hand-painted originals by one man
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Yanis Varoufakis: The Global Minotaur: America, Europe and the Future of the Global Economy
6th Subversive festival 15/05/2013, 18h, cinema Europa, Hall MĆ¼ller, Zagreb, Croatia Yanis Varoufakis: The Global Minotaur: America, Europe and the Future of the Global Economy (book promotion) Q&A: Marko KostaniÄ Yanis Varoufakis: “The Global Minotaur: America, Europe and the Future of the Global Economy” (Zed Books, London, 2013) In this remarkable and provocative book, Yanis […]
Science as the New Religion Irrational faith in corporate R&D is not science, it is a modern day cult built on old, shameless tricks.
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Russia’s Proposal To Europe: Dump The US, Join The Eurasian Economic Union.
Slowly but surely Europe is figuring out that as a result of the western economic and financial blockade of Russian, it is Europe itself that is suffering the most. And while Germany was first to acknowledge this late in 2014 when its economy swooned and is now on the verge of a recession, now others […]