Pro-Palestine activists blockaded an Amazon distribution center in the northwestern Minneapolis suburb of Maple Grove as part of A15 Action, a global day of action against Israel’s war on Gaza. In a separate action in the Twin Cities, a Wells Fargo Bank branch in South Minneapolis was vandalized and had its windows broken.
Archiv: Banken / Banker / banks / bankers
How US lawyers and bankers aided powerful Haitian tycoons now sanctioned over corruption by Canada
(07.02.2023)
In the early 1990s, the U.S. government sanctioned Bigio, his wife, son and others for their support of a military coup that ousted Haiti’s first democratically elected president. Years later, a member of a Haitian militia ‒ or private army ‒ accused Bigio and another businessman of paying for the 1993 assassination of a prominent democracy activist, according to Jeb Sprauge, author and University of California Riverside research associate. Authorities in Haiti did not charge Bigio with or accuse him of wrongdoing.
Iraqi parliament calling to ditch US dollar for oil trade
(01.02.2024)
Washington imposed sanctions on Iraqi Al-Huda Bank this week, under claims of laundering money for Iran. Several other banks have been hit with similar sanctions over the past year.
The statement came the same day a senior US Treasury official said Washington expects Baghdad to help identify and disrupt the funds of Iran-backed resistance factions in Iraq.
The rich and powerful are meeting in Davos. Here’s what they’re talking about
This year, more than 60 heads of state, including Israeli President Isaac Herzog, Ukrainian President Volodymyr Zelensky, French President Emmanuel Macron and China’s second-in-command Li Qiang, will be in attendance. The United States is also sending Secretary of State Antony Blinken, National Security Adviser Jake Sullivan and Special Presidential Envoy for Climate John Kerry.
Business executives include Microsoft CEO Satya Nadella, OpenAI CEO Sam Altman, JPMorgan Chase CEO Jamie Dimon, Bank of America CEO Brian Moynihan and BlackRock CEO Larry Fink, to name a few.
Warburg-Affäre: Der Beweis, dass der Kanzler lügt
Damit ist nunmehr auch schriftlich und sachlogisch bewiesen, dass Scholz sowie sein Regierungssprecher bewusst die Unwahrheit verbreitet haben. Scholz hat einen Untersuchungsausschuss hinsichtlich seiner Erinnerungslücke belogen. Dies ist eine Straftat. Und er hat seinen Regierungssprecher die Unwahrheit verbreiten lassen. Er ist als Kanzler nicht mehr tragbar. Warum aber so viele Lügen über Treffen mit Cum-Ex Bankiers, wenn die Treffen doch angeblich nur vergessen wurden und Scholz keinen Einfluss genommen habe?
Meine These ist, dass Scholz sich angesichts der damals umkämpften SPD-Kanzlerkandidatur und den Gefahren strafrechtlicher Ermittlungen zur Einflussnahme auf das Steuerverfahren für eine gefährliche Strategie entschied:
Cum-Ex-Skandal: „Es kann zweifelsfrei bewiesen werden, dass Bundeskanzler Olaf Scholz vor dem Untersuchungsausschuss gelogen hat“
(24.08.2023)
De Masi kommt in einer Stellungnahme gegenüber den NachDenkSeiten zu dem Schluss, dass das Verhalten von Scholz sowohl politische wie strafrechtliche Konsequenzen haben muss, und hält den Kanzler für nicht mehr tragbar:
„Man kann keinen Termin bestätigen, der nicht im Kalender steht ohne aktive Erinnerung. Dies war also eine kalkulierte Strategie. Wer die Öffentlichkeit so bewusst belügt, hat etwas zu verbergen. Und zwar den Einfluss auf ein Steuerverfahren zu Gunsten von Wirtschaftskriminellen und den Verzicht auf Tatbeute. Denn das Motto „Reden ist Silber, Schweigen ist Scholz“ macht nur Sinn, wenn der Bundeskanzler sich stärker mit den kriminellen Cum-ex-Deals befasst hat als zulässig. Damit ist dies nicht nur eine politische, sondern auch eine strafrechtliche Angelegenheit. Der Kanzler ist nicht mehr tragbar.“
Notenbank-Konferenz in USA – Inflation: EZB setzt auf straffe Zinspolitik
Der Kampf gegen die hohe Inflation ist nach den Worten der Präsidentin der Europäischen Zentralbank (EZB), Christine Lagarde, noch nicht gewonnen. Das bedeute, dass die EZB so lange an einer strikten Geldpolitik festhalten müsse, bis eine mittelfristige Teuerungsrate von zwei Prozent erreicht werde, sagte Lagarde am Freitag auf der Notenbank-Konferenz in Jackson Hole in den USA.
Bank-of-England-Vize: Wohl „einige Zeit“ weiter hohe Zinsen
Die Folgen des Preisanstiegs würden wahrscheinlich nicht so schnell verschwinden, wie sie entstanden seien, sagte der Vizegouverneur der Bank of England (BoE), Ben Broadbent, laut Redetext gestern auf dem Treffen von Zentralbankern und Ökonominnen in Jackson Hole im US-Staat Wyoming.
„Vor diesem Hintergrund könnte die Geldpolitik noch einige Zeit restriktiv bleiben.“
Bank of England warns UK rates need to remain high for some time
(Sat 26-08-2023)
“It’s unlikely that these second-round effects will unwind as rapidly as they emerged,” Broadbent said at the Federal Reserve’s annual gathering of central bankers in Jackson Hole, Wyoming. “As such, monetary policy may well have to remain in restrictive territory for some time yet.”
The BOE has raised rates 14 times in a row to 5.25%, the highest level in almost 16 years, to tame inflation.
Dollar steady as Fed‘s Powell says higher rates may be needed
(August 25, 2023)
Powell, in a speech at an economic summit in Jackson Hole, Wyoming, said policymakers would „proceed carefully as we decide whether to tighten further,“ but also made clear that the central bank has not yet concluded that its benchmark interest rate is high enough to be sure that inflation returns to the 2% target.
How Jackson Hole Became an Economic Obsession
(Aug. 24, 2023)
The most hotly anticipated event is a speech by the Fed chair that typically takes place on Friday morning and is often used as a chance for the central bank to send a signal about policy. Jerome H. Powell, the current Fed head, has made headlines with each and every one of his Jackson Hole speeches, which has investors waiting anxiously for this year’s. It is the only part of the closed-door conference that is broadcast to the public.
ECOWAS Orders ‘Standby Force’ to Niger
On Wednesday, Nigeria’s former central bank governor, Sanusi Lamido Sanusi, met with coup leaders in Niamey to begin talks. But the junta appeared unwilling to budge without first receiving major concessions, including easing sanctions on the military regime to allow medicine and food to enter the country as well as forcing Nigeria to restore electricity to Niger.
But catering to junta demands and looking wishy-washy over its threat of military intervention is not a great look for the regional bloc.
Business forum, tech companies to strike ahead of final votes on reasonableness law
The forum, which includes mall chain Big Shopping Centers, Azrieli Group companies and banking institutions, called on other companies and organizations to “join the emergency step that we were compelled to take, to bring the unilateral legislation to a halt, and enter into talks [on a compromise],” according to a statement cited by Hebrew-language media on Sunday night.
Moscow lists seven conditions for grain deal resumption
Listing Russia’s conditions, Polyansky insisted that sanctions on the country’s grain and fertilizer exports to global markets should be lifted “in practical terms rather than just in words” while all obstacles to Russian financial institutions involved in the sector must also be removed, including their reconnection to the SWIFT payment system.
Die Spur des Geldes
Häufig liest man an vielerlei Stellen, die Pandemie sei geplant gewesen. Belege dafür liefert kaum jemand. Es scheint an der Zeit, einmal zu fragen, wer denn überhaupt ein Motiv dafür gehabt haben könnte.
Zehntes Mal in Folge: US-Notenbank Fed erhöht Leitzins erneut
Mit einem erneuten Zinssprung um 0,25 Prozentpunkte liegt dieser nun in der Spanne von 5,0 bis 5,25 Prozent, wie die Federal Reserve am Mittwoch mitteilte. Das ist der höchste Wert seit 2007 – also vor Beginn der weltweiten Finanzkrise.
Damit hat der jüngste Bankenkollaps in den USA – der Zusammenbruch der First Republic Bank – die Fed nicht davon abgehalten, weiter leicht an der Zinsschraube zu drehen.
It’s time to worry about a US default. For real this time
There’s a banking crisis, which regulatory officials and big American banks very much want you to believe is ending after decisive action over the weekend to take over and swallow up another failing bank.
And there’s a debt crisis, which is becoming more urgent as the US approaches the “X-date” – when it would default – and on which opposing lawmakers aren’t currently talking to each other.
The Federal Government Bailing Out Crypto’s Biggest Bank? Silvergate Taps the Federal Home Loan Bank as its Lender of Last Resort
(January 19, 2023)
The FHLB system was created under Herbert Hoover in 1932 with the primary goal of making homeownership more affordable for the average American. (…)
While FHLBs are privately capitalized, they enjoy a special statutory lien priority which can place them ahead of other parties, including the FDIC, in bankruptcy proceedings. Thus, if Silvergate were to join the spate of major crypto industry entities that filed bankruptcy recently, it could leave the FDIC holding the (empty) bag, responsible for paying out deposit insurance on Silvergate’s FDIC insured accounts while the FHLB is first in line for any assets remaining.
Signature execs sold $100 million in stock in three years pre-bailout
(April 4, 2023)
The insider sales went largely unnoticed because Signature Bank, unlike most other S&P 500 companies, filed documents with the Federal Deposit Insurance Corporation instead of the Securities and Exchange Commission. (…)
The bank collapsed and was taken over by federal regulators last month, in the wake of Silicon Valley Bank’s collapse.
The Silicon Valley Bank Bailout: The Purpose of Government Is to Make the Rich Richer
(April 2, 2023)
The idea that conservatives like the market and not the government is unadulterated crap. It is a myth that they use to conceal the ways they have rigged the market to make income flow upward. Unfortunately, virtually the entire left has agreed to go along with this absurd myth. Moments like the bailout of the rich depositors at SVB make the truth about conservatives and the market apparent to all. (And yes, this is the point of Rigged [it’s free].)
Silicon Valley Bank seized by FDIC after largest failure since the Great Recession
(Mar 10, 2023)
Silicon Valley’s failure came with incredible speed, with some industry analysts on Friday suggesting it was a good company and still likely a wise investment. Silicon Valley executives were looking to raise capital early Friday or find additional investors in the company. But trading in its shares had been halted before the opening bell due to extreme volatility.
Shortly before noon eastern time, the Federal Deposit Insurance Corporation announced it was shuttering the bank. Notably, the FDIC did not wait until the close of business to seize the bank, as is typical in an orderly wind down of a financial institution.
Between Oct. 2021 and Sep. 2022, the U.S. spent $877 billion on the military, more than the next 10 countries combined. These huge military expenditures, along with the rising costs of a for-profit healthcare system, have driven the U.S. national debt to over $31 trillion, nearly $5 trillion more than US GDP. #Kennedy24
Imagine how we could rebuild our nation if we brought even half that amount home. Let‘s take care of those left behind. Let‘s fix our infrastructure. Let‘s clean up our environment. Let‘s make our nation strong and prosperous again! #Kennedy24
Biden vows to hold those responsible for Silicon Valley Bank failure ‘fully accountable’
“I am firmly committed to holding those responsible for this mess fully accountable and to continuing our efforts to strengthen oversight and regulation of larger banks so that we are not in this position again,” he added.
BERICHT DER KOMMISSION: Anzeiger für staatliche Beihilfen – Bericht über staatliche Beihilfen der EU-Mitgliedstaaten
(21.12.2012)
In der Zeit vom 1.Oktober 2008 bis zum 1. Oktober 2012 genehmigte die Kommission Beihilfen in Höhe von 5058,9 Mrd. EUR (40,3 % des EU-BIP) für den Finanzsektor.
Des Kapitalismus neue Kleider: E.U.-Staaten schütten in vier Jahren 5 Billionen Euro in den „Finanzsektor“
(21.12.2012)
Immerhin die österreichischen Zeitungen „Standard“ und „Die Presse“ berichteten über den heute von der „Europäischen Kommission“ veröffentlichten „Bericht über staatliche Beihilfen der EU-Mitgliedstaaten“. Doch den ganzen Wahnsinn, den dieser dokumentierte, wagten auch sie nicht in die Überschrift zu packen.
Im Bericht der E.U.-Kommission heißt es:
„In der Zeit vom 1. Oktober 2008 bis zum 1. Oktober 2012 genehmigte die Kommission Beihilfen in Höhe von 5058,9 Mrd. EUR (40,3 % des EU-BIP) für den Finanzsektor.“
Nochmal in Zeitlupe: Die Staaten des Staatenbundes „Europäische Union“ haben in vier Jahren 5,0589 (bitte auf die Zahlen hinter dem Komma achten) Billionen Euro als „Hilfe“ in nach dem Profitprinzip geschaffene und handelnde Organe des (Euro-)Kapitalismus geschüttet.
820 Milliarden Euro: EZB-Gelddruckerei überschüttet die Wucherer, die schütten zurück
(5. März 2012)
Die „Übernacht-Einlagen“, die „Angstkasse“, oder besser: das Gelddepot des weltweiten Finanzkartells bei ihrer persönlichen Gelddruckerei, der Frankfurter Zentralbank des Euro-Systems, ist innerhalb von drei Tagen um weitere 43 Milliarden Euro auf über 820 Milliarden Euro explodiert. Die kapitalistische Informationsindustrie, ebenso wie die in zwei Jahrzehnten des Krieges und der weltweiten Expansion des unkontrollierten Interbankensystems („Globalisierung“) versauten „öffentlich-rechtlichen“ Medien erzählen dazu nur Dreck daher oder schweigen völlig.
Die Banken „misstrauen“ sich nicht. Die Banken weigern sich schlicht Geld in den Wirtschaftskreislauf auszugeben und stapeln ihre erfundenen Taler einfach wieder auf den Berg in der Zentralbank, während hier alle in der Währungszone nach Liquidität jabsen und am Besten gleich den ganzen Staat verkaufen sollen.
Dieser ganze finanzextremistische Wahnsinn, für den die europäischen Demokratien, Staaten und Völker nach dem Willen der Kapitalisten bluten sollen und es teilweise bereits tun, wird nun in gewohnt maximalem Zynismus durch genau die Profiteure dieses „pro-europäischen“ Finanz- und Währungssystems benutzt, um durch irrationale Zerstörungswut an den Volkswirtschaften des Kontinents auch noch irrationale Ängste vor etwas zu schüren, vor dem man sich zu allerletzt Sorgen machen kann: das irgendetwas von diesem Geld jemals in den Wirtschaftskreislauf gelangen könnte und dann zuviel davon.
CNNMoney.com‘s bailout tracker
Troubled ASSET RELIEF PROGRAM
Financial rescue plan aimed at restoring liquidity to the financial markets
(…)
Committed : $11 trillion (total)
Invested: $3 trillion (total)
Silicon Valley Bank won’t get a federal bailout, says Janet Yellen: ‘We’re not going to do that again’
Yellen, in an interview with CBS’ “Face the Nation,” provided few details on the government’s next steps. But she emphasized that the situation was much different from the financial crisis almost 15 years ago, which led to bank bailouts to protect the industry.
“We’re not going to do that again,” she said.
Nach Schließung der SVB: USA wollen Silicon Valley Bank nicht retten
Ungeachtet jüngster Finanzmarkt-Turbulenzen nach der Schieflage des US-Start-Up-Finanzierers Silicon Valley Bank (SVB) hat Finanzministerin Janet Yellen eine staatliche Rettung des Geldhauses ausgeschlossen. In der Finanzkrise vor einigen Jahren sei die Regierung zwar auf diese Weise eingeschritten, sagte Yellen im Interview mit dem Fernsehsender CBS. Sie betonte aber: „Das machen wir nicht noch einmal.“
Ukraine introduces sectoral sanctions for 50 years against all banks and nonbank financial institutions of Russia – decree
They include 10 points, in particular: stop transactions with assets owned by financial institutions of the Russian Federation; prohibition of establishing business relations, including correspondent ones; prohibition of transactions and investments in favor of financial institutions of the Russian Federation.
This list also includes a ban on the purchase of securities and other financial instruments issued by financial institutions of the Russian Federation, with the exception of the alienation (including gratuitous) of securities in favor of the state of Ukraine.
How the Biggest Fraud in German History Unravelled
For a fee of two hundred thousand euros a month, former “senior leaders from the world’s most powerful intelligence and law enforcement agencies,” as Arcanum put it, would deploy their combined networks and expertise in the service of Wirecard.
Price and Prejudice: A Note on the Return of Inflation and Ideology
With the acceleration of inflation in the post-pandemic recovery, the debate seemed to be limited to whether the inflationary spike would be short-lived or persistent and become imbedded into inflationary expectations. While some Keynesian authors like Paul Krugman initially believed that inflation was caused by cost-push factors including by the sharp rises in energy and foodstuff prices as a result of the Ukraine war, and that it would quickly subside, the debate shifted rapidly and a new consensus according to which inflation was, in part the result of over stimulation of demand during the pandemic coupled with supply side shocks that lowered the potential level of output which provides the main theoretical justification for raising interest rates. Thus, even when most authors accept the notion that snags in the supply chain played a role in the acceleration of inflation, the main cause is to be seen on the excess demand side with the economy beyond its potential output level.
The challenge to conventional wisdom, and its emphasis on demand, has come from left
of center authors, like Robert Reich, that suggest inflation is caused by greedy corporations that have increased their profit margins during a crisis. This has brought back the old debate about the relationship between administered prices and inflation, and the proposition that inflation is directly related to highly concentrated market structures, or what might be termed oligopolistic inflation.
In other words, there is an ideological divide between those that blame inflation in an incompetent government and central bank reaction to the pandemic versus those that suggest that the real culprits are greedy corporations rising their mark up above their costs.
As Israel‘s McCarthy Atmosphere Spreads, the Government Prepares Its Coup
And here, not a day goes by without more business owners moving their money and their activity, or at least some of it, abroad. As a self-defense mechanism to keep its value from being destroyed. Most them aren’t declaring this. It is their own personal money that they are moving. But in the atmosphere of McCarthyism that is spreading here like the plague, they are immediately denounced as traitors. As defaming the state. Foxes in its vineyards. Journalists who report on what is happening or bring evidence from other countries that have been through similar processes are chastised and lambasted.
Top Bank of Israel official quits, says he can’t remain ‘while democracy in danger’
(23 January 2023)
Hazan, a senior lecturer and an expert on macroeconomics and growth at Tel Aviv University, was a member of the bank’s six-person monetary committee which is tasked with setting the interest rate every six weeks. A replacement for him will be sought.
In Hazan’s letter of resignation, he cited his intent to “become involved in the sociopolitical sphere.”
HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONIC CASH*
(1997)
* This research Essay was prepared by NSA employees in furtherance of the study of
cryptography. The contents of the report do not necessarily represent the position or policies of the U.S. Government, the Department of Defense, or the National Security Agency. The authors are mathematical cryptographers at the National Security Agency‘s Office of Information Security Research and Technology.
Bitcoins – Secured by NSA designed Encryption or Backdoored ?
(Sep 13, 2013)
The integrity of Bitcoin depends on a hash function called SHA-256, which was designed by the NSA and published by the National Institute for Standards and Technology (NIST).
Is it hard to believe that could the intelligence community have a secret exploit for Bitcoin?
Bitcoin: Evidence Points To The NSA As Its Original Engineer
( December 13, 2017)
I’m going to assume the readers who make it to this article are well informed enough that I don’t have to go into the history of the global money changers and their desire for a one world currency. (If you don’t yet understand the goal of the globalist banking empire and the coming engineered collapse of the fiat currency system, you’re already about 5,000 posts behind the curve.)
With that as a starting point, it’s now becoming increasingly evident that Bitcoin may be a creation of the NSA and was rolled out as a “normalization” experiment to get the public familiar with digital currency. Once this is established, the world’s fiat currencies will be obliterated in an engineered debt collapse (see below for the sequence of events), then replaced with a government approved cryptocurrency with tracking of all transactions and digital wallets by the world’s western governments.
Die Weltregierung der Konzerne im Spiegel des WEF-Kuratoriums
Die Weltbürgerschaft (global citizenship), die gefördert werden soll, beinhaltet, worum es geht: statt demokratischer Mitbestimmungsrechte für Bürger eines Landes soll es nur noch eine mit diffusen, nach Gutdünken gewährten Rechten verbundene Weltbürgerschaft geben. Es geht darum, die Regierungen zu entmachten und die Macht auf global agierende Organisationen zu verlagern, die von ungewählten Technokraten gelenkt werden. Denn nationale Regierungen, die meinen, etwas zu Sagen zu haben, eigene Regeln für das Agieren in ihrem Hoheitsgebiet aufstellen zu dürfen, Steuern einziehen zu wollen, sind störend für das Geschäft globaler Konzerne.
Und so sitzen im Kuratorium des Forums und förden die Weltbürgerschaft:
– die Präsidentin der Europäischen Zentralbank, Christine Lagarde,
– ihre Nachfolgerin an der Spitze des Internationalen Währungsfonds, Kristalina Georgieva,
– die Generaldirektorin der Welthandelsorganisation, Ngozi Okonjo-Iweala,
…
Wall Street gains moderately after easing fears over China protests
The National Health Commission affirmed that it will accelerate the vaccination of older adults and softened the tone on the lethality of the most recent variants of Covid-19. News about the real estate sector in that country was also added,” explained the eToro firm. .