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Trade-Exchange Rates

  • DO YOU KNOW ABOUT THE SECURITY AND PROSPERITY PARTNERSHIP AGREEMENT?
    20 August 2007 par (Open-Publishing)
    1 comment

    “SPP has three fundamental objectives.to create more advantageous conditions for transnational corporations and remove remaining barriers to the flow of capital and crossborder production within the framework of NAFTA. It wants to secure access to natural resources, especially oil. And it wants to create a regional security plan based on “pushing its borders out” into a security perimeter that includes Mexico and Canada.”- Laura Carlsen, International Relations Centre. (…)

  • Bloody and Bloodier - The subprime-lending crisis is worse than you think
    17 August 2007 par (Open-Publishing)
    3 comments

    Bloody and Bloodier
    The subprime-lending crisis is worse than you think, and could crush financial and real-estate markets for years. By James J. Cramer
    You’re losing money right now. This very minute. You’re losing money if you own an apartment. You’re losing money if you own a country home. You’re losing money if you own a stock or bond mutual fund. You’re losing money if you have a pension plan. You’re probably losing money here or there, you’re probably losing money everywhere (…)

  • The Unraveling
    16 August 2007 par (Open-Publishing)
    7 comments

    By David Glenn Cox
    The unraveling has begun, watching the talking heads the only thing they seem to agree on is the money being pumped in by central banks around the world isn’t getting to where it needs to go. That’s an easy one, everyone wants to help the leper’s but no one wants to go do it personally.
    But for George Herbert Hoover Bush this is his moment in the sun, his hour of redemption. During hurricane Katrina Bush was accused of ignoring the suffering of the residents of (…)

  • Sr. Financial Mgr sees ultimately a "Very big collapse of all financial mkts" and hyperinflation!
    16 August 2007 par (Open-Publishing)

    Asian indices dropped sharply early today after reports of liquidating hedge funds caused more credit market-related anxiety and triggered a sell-off on Wall Street. Financial shares across the region were hit hard, with losses in banking issues such as Mitsubishi UFJ Financial Group and Mizuho Financial Group in Japan. read more :
    – http://www.moneycontrol.com/india/n...
    Video :
    – http://www.moneycontrol.com/news/vi...
    http://www.moneycontrol.com/news/video/newsvideo.php?autono=297376

  • Iran demands oil pay in yen not dollars
    16 August 2007 par (Open-Publishing)
    2 comments

    By Robert Lindsay
    The dollar fell against the yen this afternoon on reports Iran has asked Japan to stop paying for its oil in dollars
    The dollar was driven down against the Japanese yen this afternoon, hit by the news that Iran had asked Japan to pay for its oil purchases in the Japanese currency and not in dollars.
    Iran has sent a letter to Japanese refiners, signed by Ali A Arshi, the general manager of crude marketing and exports for Iran’s national Iranian Oil Company, according (…)

  • Financial Crash in Second Life too
    16 August 2007 par (Open-Publishing)

    Now that the 18,000 Ginko Financial clients have been left in the cold it is ever more clear that there is a financial crisis in Second Life.
    Real estate values are plunging as are the number of premium accounts. Do not forget about the funds stolen from the stock exchange.
    It is clear that there is a large amount of corruption in Second Life still.
    – http://www.secondlifeupdate.com/200...

  • Is the Perfect Storm Forming for Ron Paul?
    15 August 2007 par (Open-Publishing)
    3 comments

    Is the Perfect Storm Forming for Ron Paul?
    by Murray Sabrin
    What a week! The stock market took a dive to just over 13,000 on the Dow Jones Industrial Average from an all-time high of 14,000 less than a month ago. The world’s major central banks flooded the financial system with tens of billions of dollars to prop up the banks and the mortgage market.
    Meanwhile, the unending wars in Afghanistan and Iraq continue to drain the U.S. military; the bills for the Bush-Cheney invasion of two (…)

  • WHAT DOES "FED PUMPS $68 BILLION INTO BANKING SYSTEM" ACTUALLY MEAN?
    14 August 2007 par (Open-Publishing)

    PART 1 of 2 By: Devvy August 13, 2007 http://newswithviews.com/Devvy/kidd296.htm
    Last week saw a bucking bronco ride in the stock market. The American people read headlines such as: Fed vows, then pumps massive funds to calm markets and Fed’s $38 billion helps markets. I have written many columns the past several years as have hundreds of others warning of the coming financial tsunami. Far too many people scoffed at all the warnings, continued to rack up massive debt and pursued the (…)

  • FED looses control on US interest rates and crisis reaches China and EU
    13 August 2007 par (Open-Publishing)
    1 comment

    FED looses control on US interest rates and crisis reaches China and EU
    GEAB N°16 is available! Global systemic crisis / Summer 2007 : Fed looses control on US interest rates and crisis reaches China and EU Public announcement GEAB N°16 (Special Summer 2007 issue - 23 pages!)
    This second quarter’s fundamental event about to shove most players’ anticipations over the coming months, is certainly the final and simultaneous failure of the two key-strategies defined by US leaders, i.e.:
    . (…)

  • The Insolvency Crisis: How we got here, and what to expect
    12 August 2007 par (Open-Publishing)

    Written by Garrett Johnson
    “For these ten marks I sold my virtue.”
    - written on the back of German banknote, 1923
    The news of the Federal Reserve injecting $38 billion into the mortgage-backed securities market didn’t get a lot of attention yesterday, but it should have.
    Since a third injection is unprecedented, as such infusions typically only occur during a crisis, investors are again left wondering just how bad the subprime situation is and questioning whether or not an (…)