(GRTV) – The recent bail-in in Cyprus has given the world a glimpse at the future of the banking landscape. Now, as Canada gets set to hardwire the bail-in process into law, analysts like Michel Chossudovsky are warning how the big banks can use this template to further consolidate their monopoly of economic control. This is the GRTV Backgrounder on Global Research TV. Read the rest of this entry »
Document says secretive group was involved in “strategy of tension”
(PaulWatson) – Honorary President of the Supreme Court of Italy and former Senior Investigative Judge Ferdinando Imposimato, the man who prosecuted the case involving the assassination attempt against Pope John Paul II, has sensationally accused the Bilderberg Group of being behind terrorist attacks in Europe. Read the rest of this entry »
(Corbett) – David L. Smith of GenevaBusinessInsider.blogspot.com joins us for our monthly discussion on economics, finance and politics. This month we cover the Cyprus bail-ins, the latest developments in the Bank of Japan’s quantitative easing plans, and the latest on the Swiss citizen initiative to account for the country’s gold. Read the rest of this entry »
(Telegraph) – In an interview conducted for a journalist’s PhD thesis, Germany’s longest-serving postwar chancellor said that he would have lost any popular vote on the euro by an overwhelming majority. Read the rest of this entry »
(RussiaToday) – In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss an entire population living beyond thanks to an economy benefiting from crime. They also talk about capital flight, banksters exempt from RICO and bitcoin destroying the state. In the second half of the show, Max Keiser talks to the original silver guru, David Morgan of Silver-Investor.com about the latest in silver, Crash JPM and silver standards in Utah. Read the rest of this entry »
(Celente) – April 2nd, 2013 – Gerald Celente talks about Cyprus as the canary in the EU cage, and the slavery of the population. The fight for the gas reserves. Also talk about the US picking fights, the corruption, the rush to war with North Korea and Iran, Bitcoin, Brics, using gold as a currency and where to hide it. Read the rest of this entry »
(Guardian) – Female circumcision will be inflicted on up to 2,000 British schoolgirls during the summer holidays – leaving brutal physical and emotional scars. Yet there have been no prosecutions against the practice Read the rest of this entry »
See Also: (MailOnline) – ‘It’s robbery!’ New Cyprus bombshell as Britons are told they may lose EVERYTHING over £85k – Read More Here
(GlobalResearch) – Is the Cyprus Bank “Bail-in” a “dress rehearsal” for things to come?
Is a “Savings Heist” in the European Union and North America envisaged which could result in the outright confiscation of bank deposits? Read the rest of this entry »
(ZeroHedge) – With every passing day, it becomes clearer and clearer the Cyprus deposit confiscation “news” was the most unsurprising outcome for the nation’s financial system and was known by virtually everyone on the ground days and weeks in advance: first it was disclosed that Russians Read the rest of this entry »
(RenewAmerica) – Although he has been criticized for being a “right winger,” the preacher and musician Bradlee Dean takes a surprisingly even hand when leveling criticism at both political parties. Conservatives today are not the opposite of the left, he says, but like the left, are caving in to a totalitarianism that mirrors the days of Hitler’s rise to power. Read the rest of this entry »
(AJC) – Cyprus, The Canary in The Mine. Gerald Celente discusses the looting of Cypriot bank accounts, and what the future holds for Italy, which may be the next nation to be similarly plundered by the EU and IMF. Read the rest of this entry »
(ZeroHedge) – Just last week Yiannakis Omirou, Cypriot House of Representatives President, was calling for the nation to accept it is “time for responsibility” as they progressed towards a final solution; and yet today, as Cyprus’ Famagusta reports, he believes the ‘Troika-imposed’ responsibility will, “turn Cyprus into a colony of the worst possible type.” His ‘Icelandic’ solution is to “leave the Troika and EMS behind,” to ensure “national independence, national sovereignty, moral integrity, and economic independence.” He may have a point; judging from the chart below of the Troika’s poster-child Greece, relative to Iceland, things are not going so well. As Omirou ominously concludes, “if we remain bound by the Troika and the memorandum Cyprus’ destiny is already foretold and there will be no future.” Read the rest of this entry »
The real targets of the “haircut” are businesses, entrepreneurs and the middle class
(PaulWatson) – News that the Cypriot President’s family moved 21 million euros to London days before the bank accounts of his people were looted as part of the bailout deal serves as another reminder that while the media portrays the victims of the Cyprus “haircut” as the mega rich and wealthy Russian oligarchs, the real victims are middle class families and small business owners. Read the rest of this entry »
(AJC) – While savings accounts containing under €100,000 will remain untouched, those who have scrimped and saved all their lives to amass a relatively modest sum of anything over that amount face a “haircut” amounting to almost half of their wealth. Read the rest of this entry »
(FreeDomain) – March 27th, 2013 – Stefan Molyneux, Host of Freedomain Radio, talks with Doug Owen of Blacklisted Radio about the failures of the euro, the end of fiat currency, and the dead-end of no more war. Read the rest of this entry »
The most of circulating assets on our business Current Account are blocked.
Over 700k of expropriated money will be used to repay country’s debt. Probably we will get back about 20% of this amount in 6-7 years.
I’m not Russian oligarch, but just European medium size IT business. Thousands of other companies around Cyprus have the same situation.
The business is definitely ruined, all Cypriot workers to be fired.
We are moving to small Caribbean country where authorities have more respect to people’s assets. Also we are thinking about using Bitcoin to pay wages and for payments between our partners.
(PaulWatson) – The looting of private bank accounts to cover the gambling losses of big banks is a new template for the euro zone, according to Dutch Finance Minister and President of the Eurogroup of euro zone finance ministers Jeroen Dijsselbloem. Read the rest of this entry »
(RussiaToday) – Attending the elusive Bohemian Grove retreat should be a priority for former UK Prime Minister Tony Blair, News Corp executive Andrew Knight allegedly writes in an email to US Gen. Colin Powell obtained by RT. Read the rest of this entry »
(ZeroHedge) – Yesterday, we first reported on something very disturbing (at least to Cyprus’ citizens): despite the closed banks (which will mostly reopen tomorrow, while the two biggest soon to be liquidatedbanks Laiki and BoC will be shuttered until Thursday) and the capital controls, the local financial system has been leaking cash. Lots and lots of cash. Read the rest of this entry »
(BeYourOwnLeader)- Pressure is mounting on Canada to finish up a long-delayed trade deal with the EU. Despite outstanding issues that still must be settled, there is a final push to try and complete an agreement this summer. If both sides are able to secure a deal, it would lay the groundwork for the proposed U.S.-EU trade pact. There is the possibility that the U.S.-EU transatlantic trade talks could also include the other NAFTA partners and maybe even other countries. Mexico has already shown interest in joining and if Canada can’t put the final touches on their own agreement with the EU, they might also be part of the negotiations. This would facilitate plans for a coming NAFTA-EU free trade zone and the formation of a transatlantic economic union. Read the rest of this entry »
(BusinessInsider) – As expected, Cyprus and the EU reached a new late-night bailout deal last night that will reduce the chance that Cyprus’s financial system and economy will completely implode.
(EconomicCollapse) – If you still have money in European banks, you need to get it out. This is particularly true if you have money in southern European banks. As I write this, the final details of the Cyprus bailout are being worked out, but one thing has become abundantly clear: at least some depositors are going to lose a substantial amount of money. Read the rest of this entry »
(NaturalNews) – A brand new looting arrangement has been reached concerning Cypriot banks. It involves seizing the funds of all accounts over 100,000 euros, then stealing up to 40% of those funds sometime over the next few weeks, or whenever EU bureaucrats get around to deciding exactly how much to steal. Read the rest of this entry »
(DailyBell) – National planning Cyprus-style solution for New Zealand …The National Government are pushing a Cyprus-style solution to bank failure in New Zealand which will see small depositors lose some of their savings to fund big bank bailouts, the Green Party said today. Read the rest of this entry »
(RussiaToday) – Chancellor Angela Merkel is now warning Cyprus, quote ‘not to test the boundaries of the Troika’s patience’. That is after one avenue of rescue, a deal with Russia, all but evaporates. Nicosia and Moscow failed to agree on a rescue plan, after intense negotiations in the Russian capital. Read the rest of this entry »
(AJC) – Alex also talks with New York Times-bestselling author and investigative journalist Greg Palast about the banker heist. Palast is the author of The Best Democracy Money Can Buy and Billionaires and Ballot Bandits: How to Steal an Election in 9 Easy Steps. Read the rest of this entry »
(NaturalNews) – As you may have suspected, there’s far more to the Cyprus bank crisis story than meets the eye. It turns out the shutdown of Cypriot banks has caused a large-scale financial shutdown of the Russian government which uses Cyprus banks for most transactions. Read the rest of this entry »
(AJC) – Cyprus Looting is Only The Beginning for Global Elite. Alex JOnes invites Gerald Celente to discuss the looting of Cypriot bank accounts, and what the future holds for Italy, which may be the next nation to be similarly plundered. Read the rest of this entry »
(TrutherGirls) – Links Below. The government of the small island of Cyprus is negotiating terms for a bank bailout with the European Commission, ECB, and IMF, which may include seizing up to 10% of private bank holdings of Cypriot nationals and foreigners alike. To prevent further runs on Cypriot banks, they have frozen the accounts until further notice. Read the rest of this entry »
(Greene) – In today’s video, Christopher Greene of AMTV explains that recent bailouts in Cyprus will ultimately lead to a full-scale collapse of the Eurozone and eventually the United States. Read the rest of this entry »