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Trade-Exchange Rates

  • Royal Bank of Scotland down 39%
    7 October 2008 par (Open-Publishing)

    European Stocks Fall, Led by RBS, Barclays; U.S. Futures Drop By Michael Patterson
    Oct. 7 (Bloomberg) — European stocks fell for a second day as concern that financial firms may need more capital overshadowed speculation central banks around the world will reduce borrowing costs. U.S. index futures and Asian shares declined.
    Royal Bank of Scotland Group Plc tumbled 39 percent after the bank had its credit rating cut for the first time in 10 years on a weak ``financial profile.’’ Asian (…)

  • Financial storm hits US-allied Pakistan
    7 October 2008 par (Open-Publishing)

    Financial storm hits US-allied Pakistan
    Tue, 07 Oct 2008 01:09:54 GMT
    Karachi’s KSE100 Index has lost more than a third of its value this year and the rupee has fallen 27 percent.
    Pakistan’s foreign exchange reserves have hit so low that the country can only afford one month of imports and faces possible bankruptcy.
    President Asif Ali Zardari told the Wall Street Journal that Pakistan needed a bail out worth $100 billion from the international community to overcome the nation’s (…)

  • Amazing Video: $700 billion "No Banker left behind"-law
    6 October 2008 par (Open-Publishing)
  • The Terminator Cries Uncle
    6 October 2008 par (Open-Publishing)

    The Terminator Cries Uncle By David Glenn Cox
    Yes, Governor Arnold cries for his Uncle to save him! He warns Treasury Secretary Paulson in his best Austrian accent, "You must help us, ve are close to running out of cash to fund day-to-day government operations and we are unable to access routine, short-term loans.”
    A year ago the pundits and experts assured us that it was the subprime market mess that was causing the stock market disruption. They predicted losses (…)

  • BBC Radio - The Whitehouse Coup - Prescott Bush led Nazi Coup Attempt in 1933
    5 October 2008 par (Open-Publishing)

    Document uncovers details of a planned coup in the USA in 1933 by right-wing American businessmen
    Monday 23 July 2007
    The coup was aimed at toppling President Franklin D Roosevelt with the help of half-a-million war veterans. The plotters, who were alleged to involve some of the most famous families in America, (owners of Heinz, Birds Eye, Goodtea, Maxwell Hse & George Bush’s Grandfather, Prescott) believed that their country should adopt the policies of Hitler and Mussolini to beat (…)

  • The USA is "No. 1" in nothing but weaponry, debt, and delusion
    3 October 2008 par (Open-Publishing)

    The USA is "No. 1" in nothing but weaponry, debt, and delusion No. 1? America by the numbers
    Michael Ventura Published on February 23, 2005
    No concept lies more firmly embedded in our national character than the notion that the USA is "No. 1," "the greatest." Our broadcast media are, in essence, continuous advertisements for the brand name "America Is No. 1." Any office seeker saying otherwise would be committing political suicide. In fact, anyone saying otherwise will be labeled (…)

  • Grand Theft America by Stephen Lendman
    2 October 2008 par (Open-Publishing)

    http://www.globalresearch.ca
    Grand Theft America Financial Crime of the Century
    The crime of the century. The greatest one ever. Author Danny Schechter calls it "Plunder." The title of his important new book on the subprime and overall financial crisis. Economist Michael Hudson and others refer to a kleptocracy. A Ponzi scheme writ large. Maybe an out-of-control Andromeda Strain. An economic one. Deadly. Unrecallable. Science fiction now real life. Potentially catastrophic. World (…)

  • Short-selling:A major cause of market volatility by Martin Khor
    2 October 2008 par (Open-Publishing)

    Global Research September 30, 2008 Business Daily Africa 2008-09-29
    September 29, 2008: Among the financial methods that have been used to dangerous effect in the current global financial crisis has been “short selling”, a favourite and routine practice of speculators to make quick profits by targeting vulnerable companies and institutions.
    It is ironic that the huge Wall Street investment banks as well as commercial banks such as HBOS were among the victims of the speculators who used (…)

  • Funny Online Game: Wallstreetpong - Save Dow Jones
    1 October 2008 par (Open-Publishing)

    http://www.wallstreetpong.com/

  • US Banking Collapse a ’Controlled Demolition’
    1 October 2008 par (Open-Publishing)
    1 comment

    US Banking Collapse a ’Controlled Demolition’
    by Amy de Miceli Page 1 of 1 page(s)
    www.opednews.com
    What does the rest of the world know that we don’t? The United States Dollar is dead.
    While we are being jerked around by the mainstream media here at home, the rest of the world has already drawn the final conclusion for us, and what they are saying about us isn’t pretty.
    We are in the middle of a crisis much larger than most Americans could imagine, a portion of America can’t (…)