Economy

Banks ending cash to establish big brother world government – Jim Rogers

Jim Rogers cash big brother world government

Investment guru Jim Rogers, a former colleague of George Soros, has warned governments are seeking to end the use of cash to implement a surveillance state where your every expense is monitored. Jim Rogers, who co-founded the Quantum Group with globalist billionaire George Soros in 1973, noted that many governments around the …

Read More »

World’s first Bitcoin bank opens in Austrian capital Vienna

Bitcoin bank Austria Vienna digital currency

The world’s first dedicated bitcoin bank has opened in the center of the Austrian capital Vienna. It is designed to make buying and selling bitcoin easier and safer than other in-person options. The digital currency outlet is owned and managed by a local Blockchain startup Bit Trust and is named …

Read More »

Germany accelerates gold repatriation as confidence in euro plunges

Germany gold repatriation euro

Berlin is bringing home its gold reserves stored in New York, London and Paris faster than scheduled, Germany’s central bank said Thursday. The move is linked to surging euroskepticism, as new governments in France and Italy may ditch the single currency. The German Bundesbank has already moved 583 tons of …

Read More »

‘If trade stops, war starts,’ warns Alibaba founder Jack Ma

Alibaba Jack Ma trade war

Retreat from globalization will only result in trouble, warned China’s second richest man Jack Ma during a visit to Australia. “Everybody is concerned about trade wars. If trade stops, war starts,” he said in Melbourne, where the e-commerce giant Alibaba opened its Australia and New Zealand headquarters. “But worry doesn’t …

Read More »

Iran is preparing to ditch US dollar in international trade

Iran ditch US dollar international trade

After US President Donald Trump included Iran on a list of Muslim-majority countries facing a temporary immigration ban, Tehran responded by threatening to stop using the American dollar. Iran would either introduce a new common currency, in place of the US dollar, or use a portfolio of various currencies in foreign exchange and financial …

Read More »

Stock market new record as Dow Jones goes above 20,000

DOW 20,000 stock market

The Dow Jones Industrial Average on Wednesday cracked 20,000 for the first time. After more than a month of flirting with the barrier — which is far more important psychologically and sociologically than it is in terms of stock valuations — the latest market leg higher has put the blue …

Read More »

Trump signs executive order to withdraw US from TPP

Trump signs executive order withdraw TPP

With a stroke of a pen, President Donald Trump has unravelled the Trans-Pacific Partnership, withdrawing the US from the controversial free-trade pact. Without Washington’s participation, the TPP would have to be renegotiated or scrapped altogether. The largest global trade agreement in 20 years, the TPP would have included the United …

Read More »

George Soros lost $1 billion following Trump election win

George Soros losses 1 billion Trump election

Billionaire hedge fund manager and major Hillary Clinton backer George Soros lost nearly a billion dollars in stock since President-elect Donald Trump won the White House. Soros returned to the stock market, trading at Soros Fund Management LLC, which manages almost $30 billion in assets for Soros and his family. …

Read More »