11.06.2018 - 13:03 [ CNBC ]

Asian shares edge higher amid trade tensions and ahead of central bank meetings

Trump is set to meet with North Korean leader Kim Jong Un in a summit on Tuesday.
U.S. President Donald Trump withdrew his support for the final G-7 communique.
The Federal Reserve, European Central Bank and Bank of Japan are also due to meet later in the week.

30.05.2018 - 15:14 [ Bloomberg ]

Is Italy the Next Greece?

European Central Bank chief Mario Draghi helped end the 2012 crisis by promising to do “whatever it takes” to stabilize markets. But Marcus Ashworth notes the ECB is treating Italy’s agita like a parent reacts to a kid’s demand for ice cream – by saying, “We’ll see.” Until the ECB puts its money where its “whatever” is, contagion will continue, Marcus warns.

25.05.2018 - 14:07 [ ]

Nomination for Bank of Italy Governor Thrown Into Disarray

(18.10.2017) The move to oust Visco comes at a sensitive time for Italy and the euro area. The ECB, where he sits on the Governing Council, is due to meet next week to try and agree on how and when it can wind down its bond-buying program.

06.04.2018 - 13:17 [ CJ Hopkins, Berlin / Counterpunch ]

Then They Came for the Globalists

(23.3.2018) Fortunately, the lexicography experts in the corporate media and the Anti-Defamation League cleared that up for me earlier this month. According to these experts, words like “globalist” and “globalism” don’t really mean anything. They are simply Nazi code words for “the Jews.” There is actually no such thing as “globalism,” or “global capitalism,” or “transnational capitalism,” or “supranational quasi-governmental entities” like the International Monetary Fund, the World Trade Organization, the European Commission, and the European Central Bank … or, OK, sure, there are such entities, but there is no legitimate reason to discuss them, or write about them, or even casually mention them, and anyone who does is definitely a Nazi.

27.03.2018 - 20:40 [ Finanzinspektion Estland ]

The authorisation of Versobank AS has been withdrawn

On 26th of March 2018, the European Central Bank, as proposed by Finantsinspektsioon, withdrew the authorisation of Versobank AS to operate as a credit institution. The authorisation was withdrawn due to serious and long-lasting breaches of legal requirements, particularly concerning the prevention of money laundering and combating the financing of terrorism.
In parallel, following the decision of Finantsinspektsioon from 26th of March 2018, all transactions and operations of Versobank AS and all payouts to depositors and other creditors are immediately suspended. Finantsinspektsioon also cancelled the identification code of Versobank AS, informed the Guarantee Fund about the withdrawal of the authorisation, and filed an application to the court for compulsory dissolution and the appointment of liquidators.