Search Results for: royal

Phone hacking: Rupert Murdoch hit by 600 fresh claims

rupert murdoch

Detectives are examining an estimated 600 fresh allegations of phone-hacking incidents at Rupert Murdoch’s now closed News of the World on the back of fresh evidence obtained by the Metropolitan police from a suspect turned supergrass. Further details are expected to emerge on Monday morning at the high court during …

Read More »

Top 50 safest global banks

Bank safe

For banking safely, global citizens had better go to the local government. And pretty much avoid the U.S. At least that seems to be the take away from Global Finance Magazine’s ranking of  the world’s safest banks.  The top 9 banks in the magazine’s World’s 50 Safest Banks list are …

Read More »

UK’s top 4 banks under major investigation

Barclays bank

Barclays, Royal Bank of Scotland, HSBC and Lloyds may be forced to break up following a finance watchdog’s inquiry. The watchdog claims Britain’s banking sector is characterized by anti-competitiveness and a failure to meet ordinary citizens and small business’ needs. Outlining its proposals for a sweeping 18-month investigation into Britain’s …

Read More »

Journalist shot dead while investigating illegal logging

Cambodia Taing Try

Cambodian journalist Taing Try was shot dead yesterday while investigating illegal logging in the southern province of Kratie with five other journalists. Three suspects have been arrested. A reporter for several local newspapers, Taing Try was shot while in his car. The car of the suspected killer was found 200 metres down …

Read More »

NatWest bank may start charging customers to hold cash

NatWest bank charge customers hold cash

NatWest has said it may start charging customers to hold cash if the economy takes a tumble. The bank warned more than one million of its customers it could introduce negative interest rates if that were to happen. This would mean customers are effectively paying the bank to hold their …

Read More »

Commonwealth nations oppose monarchy

Queen

Along with Britain’s anti-monarchy campaign group Republic that campaigns for a democratic country consisting of an elected head of state, there seems to be a high level of public support for abandoning the monarchy in some of the nations of the Commonwealth. In 16 of the total of 54 Commonwealth …

Read More »

Six banks fined $5.8 billion for market rigging

Citi JPMorgan Barclays RBS UBS

Editor’s note: these banks made billions more from their crimes, let alone received billions of $ in bailouts which the tax payers funded. So will we receive this money? Will any of these bankers ever go to jail for their crimes? If you or I committed the crimes that these bankers are guilty of we would …

Read More »

Swiss to investigate manipulation of currency markets

Currency market

Swiss regulators are investigating a number of financial firms over the potential manipulation of currency markets, where £3tn changes hands every day. The regulator said that multiple banks around the world could be drawn into the investigation, which will raise fresh questions about the integrity of the markets. The Swiss Financial Market Supervisory …

Read More »

British bank Barclays to cut 3,700 jobs

Barclays Bank

Barclays, the third largest bank in Britain, is to cut at least 3,700 jobs as part of chief executive Antony Jenkins’ plan to overhaul the bank’s culture and reduce annual costs by £1.7 billion. Seeking to rebuild its reputation and boost profitability after a series of scandals, Barclays said it …

Read More »

Former CIA director David Petraeus at Bilderberg to create global spy grid

David Petraeus

Former CIA Director David Petraeus is in attendance at the 2013 Bilderberg Group conference to help construct the “big data” spy grid, which is set to become the new frontier of clandestine statecraft as Internet connectivity becomes ubiquitous. Bilderberg’s official agenda for 2013 lists one of the areas of discussion as, “How …

Read More »

UBS given immunity in precious metals manipulation probe

UBS precious metals manipulation

UBS Group AG won immunity from criminal fraud charges in a Justice Department investigation into misconduct in the trading of precious metals. The Swiss bank’s main UBS AG unit won’t be charged by the department’s criminal division for information the firm disclosed to prosecutors about precious-metals transactions, according to the …

Read More »

$105 billion: UK bank bailout money may be gone for good

RBS guilty

The US$105 billion of British taxpayer money used to bail out the Royal Bank of Scotland and Lloyds at the peak of the banking crisis may never be recouped, a parliamentary committee report warns. The state owns more than 80 per cent of RBS and 40 per cent of Lloyds …

Read More »

US approves $1.15 billion sale of tanks and weapons to Saudi Arabia

Tanks Saudi Arabia weapons

The U.S. State Department has approved the potential sale of more than 130 Abrams battle tanks, 20 armored recovery vehicles and other equipment, worth about $1.15 billion, to Saudi Arabia, the Pentagon said on Tuesday. The approval for land force equipment coincides with Saudi Arabia leading a military coalition in …

Read More »

New camera that can see around corners

Camera see around corners MIT

A camera that can peer around corners to see people or objects has been developed by British scientists. The technology, which will be demonstrated tonight at the Royal Society Summer Science Exhibition in London, could eventually allow the military to carry out reconnaissance without breaking cover or be fitted on cars …

Read More »

Could gold be the next Libor scandal?

london city

US regulator considering an inquiry into London’s gold and silver markets to check if prices are open to manipulation. London’s financial sector was last night bracing itself for another official investigation into alleged price-fixing following reports that a US regulator is considering launching an inquiry into the City’s gold and silver markets. The Commodity …

Read More »

Controversial British plan to ‘divide and rule’ Afghanistan

Divide and conquer

A Tory MP proposes hacking up Afghanistan into separate “kingdoms”, each ruled by a foreign power, and to include members of the Taliban. The plan is the brainchild of conservative MP and Foreign Office aide Tobias Ellwood, a former army captain in the Royal Green Jackets, and is already under …

Read More »

US Mint sells out of 2015 Silver Eagles

2015 Silver Eagle

In the aftermath of the latest breakout of the Greek crisis, Europeans across the continent, not just in Greece (even though with capital controls, potential deposit confiscation and currency devaluation they would have benefited by far the most), scrambled to buy physical gold and silver. This is what the UK Royal …

Read More »