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“It Looks Like A Warzone” – Army, APCs, Roadblocks Deployed In Brussels After Explosives, Chemical Weapons Found

November 21, 2015

“It Looks Like A Warzone” – Army, APCs, Roadblocks Deployed In Brussels After Explosives, Chemical Weapons Found  In the aftermath of last night’s warning of an “imminent” terror threat in Brussels when OCAM Crisis Center and the government raised the country’s terror alert to the highest level, today the escalation continues and the Belgian capital looks like […]

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Explosion rocks nuclear power plant in Belgium

November 1, 2015

Explosion rocks nuclear power plant in Belgium Nuclear power plant of Doel © wikipedia.org An explosion occurred overnight at a nuclear power plant in Doel, northern Belgium, local media reported, adding that the blast caused a fire. The exact damage from the incident remains unknown. The blast happened around 11pm local time on Saturday. The […]

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Saudis Poke The Russian Bear, Start Oil War In Eastern Europe

October 18, 2015

Saudis Poke The Russian Bear, Start Oil War In Eastern Europe Any weakening of Russian support for Mr. Assad could be one of the first signs that the recent tumult in the oil market is having an impact on global statecraft. Saudi officials have said publicly that the price of oil reflects only global supply […]

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The Real Reason Belgium Sold 1,098 Tonnes Of Gold

October 10, 2015

The Real Reason Belgium Sold 1,098 Tonnes Of Gold Belgium sold 1,098 tonnes of its official gold reserves since 1978.  For our global investigation how much physical gold central banks have stored at what location and how much is leased out, I decided to submit the local equivalent of a Freedom Of Information Act (FOIA) request at […]

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It’s Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington

August 27, 2015

It’s Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington On Tuesday evening, we asked what would happen if emerging markets joined China in dumping US Treasurys. For months we’ve documented the PBoC’s liquidation of its vast stack of US paper. Back in July for instance, we noted that China had dumped a record $143 billion in US […]

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Greece Just Lost Control Of Its Banks, And Why Deposit Haircuts Are Imminent

July 13, 2015

Greece Just Lost Control Of Its Banks, And Why Deposit Haircuts Are Imminent Yes, Greek banks may have been insolvent – something that was clear since the first bailout of 2010 – but at least the Greek state had control over them: as such it could have mandated mergers, recapitalizations, liquidity injections, even depositor bail-ins (perhaps the […]

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Will Seizure of Russian Assets Hasten Dollar Decline?

June 24, 2015

Will Seizure of Russian Assets Hasten Dollar Decline? While much of the world focused last week on whether or not the Federal Reserve was going to raise interest rates, or whether the Greek debt crisis would bring Europe to a crisis, the Permanent Court of Arbitration in The Hague awarded a $50 billion judgment to […]

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Furious Russia Will “Respond In Kind” To Europe’s “Political” Asset Seizures

June 19, 2015

Furious Russia Will “Respond In Kind” To Europe’s “Political” Asset Seizures On Thursday, nearly 50 Belgian companies were told to disclose their Russian state assets, setting the stage for the seizure of Russian property in connection with the disputed $50 billion Yukos verdict. In short, Russia was required to submit a plan for a €1.6 billion payment […]

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Operation Socialist: How GCHQ Spies Hacked Belgium’s Largest Telco

December 16, 2014

Operation Socialist: How GCHQ Spies Hacked Belgium’s Largest Telco. When the incoming emails stopped arriving, it seemed innocuous at first. But it would eventually become clear that this was no routine technical problem. Inside a row of gray office buildings in Brussels, a major hacking attack was in progress. And the perpetrators were British government […]

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