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Royal Bank and BMO defend Canada’s banking sector amid Panama Papers and Fintrac fine
Royal Bank and BMO defend Canada’s banking sector amid Panama Papers and Fintrac fine Bad week for big banks as tax haven discussion hits at same time as fine levied for lack of disclosur It has been a rough week, reputationally for Canadian banks, but fundamentally they remain among the world’s best. (Mark Blinch/Reuters) The […]
George Soros Targeting Putin through the Panama Papers?
George Soros Targeting Putin through the Panama Papers? The Panama Papers represent the biggest document leak of the modern era, and George Soros apparently has a role. The scandal that has erupted after the publication of the Mossack Fonseca law firm’s so-called “Panama Papers” was organized by the US Centers for investigations on corruption and […]
‘Corruption’ as a Propaganda Weapon
‘Corruption’ as a Propaganda Weapon Exclusive: Mainstream U.S. journalism and propaganda are getting hard to tell apart, as with the flurry of “corruption” stories aimed at Russia’s Putin and other demonized foreign leaders, writes Robert Parry. Sadly, some important duties of journalism, such as applying evenhanded standards on human rights abuses and financial corruption, have been so corrupted […]
Was There A Run On The Bank? JPM Caps Some ATM Withdrawals
Was There A Run On The Bank? JPM Caps Some ATM Withdrawals Under the auspices of “protecting clients from criminal activity,” JPMorgan Chase has decided to impose capital controls on . As WSJ reports, following the bank’s ATM modification to enable $100-bills to be dispensed with no limit, some customers started pulling out tens of thousands of dollars at […]
“Unprecedented Leak” Exposes The Criminal Financial Dealings Of Some Of The World’s Wealthiest People
“Unprecedented Leak” Exposes The Criminal Financial Dealings Of Some Of The World’s Wealthiest People An unprecedented leak of more than 11 million documents, called the “Panama Papers“, has revealed the hidden financial dealings of some of the world’s wealthiest people, as well as 12 current and former world leaders and 128 more politicians and public […]
How To Hack A Presidential Election
How To Hack A Presidential Election There is a growing recognition of the increasing tail wagging the dog nature of the internet’s control over election outcomes. We recently detailed “the hidden persuaders” at work showing how the internet has spawned subtle forms of influence that can flip elections and manipulate everything we say, think and do. Confirming all of […]
Olympics In Doubt As Brazil Sports Minister Quits, Rio Governor Says “This Is The Worst Situation I’ve Ever Seen”
Olympics In Doubt As Brazil Sports Minister Quits, Rio Governor Says “This Is The Worst Situation I’ve Ever Seen” In less than five months, Brazil is expected to host the Summer Olympics. If you follow LatAm politics, you know that that is an absolute joke. Last summer, the country descended into political turmoil and the […]
Presenting, “The Company That Bribed The World”
Presenting, “The Company That Bribed The World” This won’t exactly come as a surprise: the global oil industry is corrupt. We are, after all, talking about the most financialized commodity in the history of the world, and up until a few years ago, it was controlled by a cartel comprised entirely of nations run by caricatures […]
Brazil Is Engulfed by Ruling Class Corruption — and a Dangerous Subversion of Democracy
Brazil Is Engulfed by Ruling Class Corruption — and a Dangerous Subversion of Democracy THE MULTIPLE, REMARKABLE crises consuming Brazil are now garnering substantial Western media attention. That’s understandable given that Brazil is the world’s fifth most populous country and eighth-largest economy; its second-largest city, Rio de Janeiro, is the host of this year’s Summer Olympics. But much of this Western media coverage mimics […]
“It’s All F**ked”: Brazil Descends Into Chaos As Rousseff, Lula Wiretaps Trigger Mass Protests
“It’s All F**ked”: Brazil Descends Into Chaos As Rousseff, Lula Wiretaps Trigger Mass Protests Just yesterday, we said the following about Brazil: It seems as though this country can’t get through a single day without some piece of political news or economic data creating confusion and turmoil. We said that on the way to noting that central […]
Hundreds Of Thousands Stage Massive Street Protests In Brazil, In Loud Call For Rousseff’s Ouster
Hundreds Of Thousands Stage Massive Street Protests In Brazil, In Loud Call For Rousseff’s Ouster Back in August, we said that while there are all kinds of charts one could look at on the way to judging just how bad things have truly gotten in Brazil, the most important graphic of all may indeed be this one, […]
The “Terrifying Prospect” Of A Triumph Of Politics Over Economics
The “Terrifying Prospect” Of A Triumph Of Politics Over Economics The Triumph of Politics All of life’s odds aren’t 3:2, but that’s how you’re supposed to bet, or so they say. They are not saying that so much anymore, or saying that history rhymes, or that nothing’s new under the sun. More and more theys seem […]
China Goes Full “Minority Report”, Creates “Pre-Crime” Program
China Goes Full “Minority Report”, Creates “Pre-Crime” Program By now, the world is largely familiar with Chinese President Xi Jinping’s fabled “Tigers and Flies” campaign. Since taking office in 2013, Xi has embarked on an ambitious effort to root out party corruption and ensure that the directives passed down from on high in the Politburo […]
Why You Need to Prepare for the Cashless Society
Why You Need to Prepare for the Cashless Society Earlier this month, the European Central Bank suggested that the 500 Euro note needs to be eliminated. Not long after, academics and policy makers in the US started to call for the elimination of the $100 bill. This isn’t something that the average person really thinks about on […]
Ukraine Collapse Is Now Imminent
Ukraine Collapse Is Now Imminent Via GEFIRA, Two years have passed since Yanukovich was deposed and, as it turns out, another ruthless clan of oligarchs has taken power. No wonder then that Ukraine is heading for a new wave of violence and chaos. Oligarchs are fighting each other, the IMF is pulling out of the country, […]
