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Bitcoin: Destined to end dollar imperialism?
The crypto currency is not attached to any single country. It exists at low exchange rates for the entire world and is not manipulated and controlled by central banks, says Jeffrey Tucker from the Foundation for Economic Education. The bitcoin exchange rate surged to above $490 on November 4 - its high point of the last year. [...]
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TPP revealed: Pact details ignite debate over privacy, internet freedom, whistleblowers
With the release of the full text of the Trans-Pacific Partnership (TPP), a sharpening of arguments on both sides outline a debate about privacy, corporatism, internet freedom and intellectual property, and even the plight of whistleblowers. [...]
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2015 Million Mask March: Arrests in London, rush against Monsanto in DC
Protesters took to the streets in hundreds of cities around the world for the 2015 Million Mask March on Thursday, with police arresting dozens in London and activists storming the doors of biotech giant Monsanto in Washington, DC. [...]
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ExxonKnew Escalates as NY Attorney General Subpoenas Oil Giant Over Climate Crimes
Seeking to find out exactly what Exxon knew, and when the oil giant knew it, New York Attorney General Eric Schneiderman has issued the corporation an 18-page subpoena seeking four decades of documents, research findings, and communications related to climate change, according to news reports on Thursday. [...]
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‘Worse Than We Thought’: TPP A Total Corporate Power Grab Nightmare
"Worse than anything we could've imagined." "An act of climate denial." "Giveaway to big agribusiness." "A death warrant for the open Internet." As expert analysis of the long-shrouded, newly publicized TransPacific Partnership (TPP) final text continued to roll out on Thursday, consensus formed around one fundamental assessment of the 12-nation pact: It's worse than we thought. [...]
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Ruble will make ‘Made in Russia’ a global brand – World Bank economist
The devaluation of its currency opens up new possibilities for the Russian economy, says Birgit Hansl, World Bank lead economist for Russia. “For the first time in decades, “Made in Russia” might have a chance to become again a global trademark. [...]
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Classic Vladimir Putin – Putin publicly humiliates greedy oligarch Deripaska
Let's remind ourselves to one of the classic Putin moments, exemplifying his leadership skills. Once the richest man in Russia, the aluminum magnate suffered the indignity of a dressing down from Putin broadcast on state TV (05/06/2009) "You made thousands of people hostages to your ambitions, to your professionalism, and, maybe, simply to your greed," Putin announced. "Where is business's socia [...]
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United We Fall – [Full Film]
"United We Fall" A film by Bryan Law and Dan Dicks is a documentary about the North American Union that is being developed right now between Canada, the United States, and Mexico. For years this topic has been debated in the news and in political circles as being a possible future for North America. In recent years, the mood has shifted and a rift is developing between those who want a Deeply In [...]
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‘Absolute Crap’ But Brilliant: Corporate America’s Plan to ‘Misbehave Without Reproach
An independent investigation by journalists featured in the New York Times on Sunday offers an in-depth look at the way American corporations have used the inclusion of "arbitration clauses" within consumer contracts to strategically circumvent judicial review of their behavior and immunize themselves from class action lawsuits –"realistically the only tool citizens have to fight illegal or dec [...]
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US island residents bond together to invent own internet service
In a true show of community spirit, an American island too far from the mainland came together as one to build their own internet service powered by radios in trees. Orcas Island off Washington State has been transformed by its people’s inventiveness. [...]
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Russia inks deal to launch European satellites
The subsidiary of the Russian Space Center and French satellite provider Eutelsat has signed a long-term launch contract. “Several Proton-M carrier rocket launches with Eutelsat satellites will be carried out between 2016-2023 from the Baikonur space center,” Russia’s space agency Roscosmos said on Thursday. [...]
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Monsanto cuts 12% of its workforce to save money amid profit drop
Falling commodity prices have sowed the seeds of destruction for 2,600 employees of agricultural giant Monsanto. The world’s top seed supplier is cutting 12 percent of its workforce to save money in the face of profit losses. Monsanto Co.’s job cuts will coincide with a reorganization of its research and development activities. [...]
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“Scapegoating” China: Is US Fed to blame for market crisis or is Beijing “exporting pain?”
As stock markets continue their slide into negative territory, economists debate whether the problems lie in monetary mismanagement by the US Federal Reserve or with China’s domestic concerns “exporting pain” to others via its yuan devaluation. Speaking to RT, economist Peter Schiff of Euro Pacific Capital Inc. said that there is a lot of “scapegoating” surrounding China and the yua [...]
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Boeing to cut hundreds of jobs as shutdown of EXIM Bank starts to bite
Boeing says it intends to cut "several hundred" jobs due to a decline in US military spending and delays in the number of satellite orders. The move is being blamed over uncertainties regarding future funding from the US Export-Import Bank. The layoffs are set to be implemented by early 2016, according to Reuters, which cited an internal memo within the company. [...]
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Black Monday: Wall Street plummets 1000 points at opening bell
At the opening bell on Wall Street the Dow Jones Industrial Average plummeted as much as 1,000 points in the first minutes of trading. Later it corrected to 485 points down or around three percent. The Nasdaq dropped eight percent at the start of trading, but is now down three percent. The S&P 500 had initially sunk five percent and is now down three percent. [...]
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WTI crude drops below $40 first time since 2009
American benchmark WTI crude briefly slipped below $40 per barrel for the first time since 2009, showing an eighth straight weekly decline , the longest streak in almost 30 years. During the intraday trading in New York, the benchmark WTI crude price dropped as low as $39.86 per barrel before settling at $40.45 – some 2.1% drop in one day. [...]
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3 New Incredible Marc Faber Warnings | King World News
The Global Economy Is Imploding, Bankrupt Greece & China! 3 New Incredible Marc Faber Warnings: Global Economy is "weakening" Greece should default Are Chinese markets an "accident to happen?" [...]
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Great Manufacturing Meltdown in Chicago
Every week Max Keiser looks at all the scandal behind the financial news headlines. In this special episode of the Keiser Report from Chicago, Max Keiser and Stacy Herbert discuss the “great manufacturing meltdown” in Chicago. In the second half, Max is joined by Mike ‘Mish’ Shedlock of globaleconomicanalysis.blogspot.com to discuss Chicago’s junk debt situation. They also explore the e [...]
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Gerald Celente – King World News
Gerald Celente: Founder & Director of the Trends Research Institute - Gerald has had a long track record of making some of the most controversial, yet correct calls in terms of global trends and events. In fact, many consider Mr. Celente to be the top trends forecaster in the world. Gerald has been quoted and interviewed in media throughout the world such as KWN, CNBC, Fox, CBS, ABC, NBC, BBC, [...]
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Why the U.S. Is the Next Greece: Doug Casey on America’s Economic Problems
The global economy is in for a "catastrophe of historic proportions," says investor Doug Casey. "With these stupid governments printing trillions and trillions of new currency units," says investor Doug Casey, "it's building up to a catastrophe of historic proportions." [...]
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China approves usage of ruble instead of US dollar for border city
China's central bank has put the Russian ruble into circulation in Suifenhe City, Heilongjiang Province, launching a pilot two-currency (ruble and yuan) program. The ruble is being introduced in the place of US dollar. The announcement was made on Saturday by Jin Mei, deputy secretary for monetary policy at the opening ceremony of a trade exposition in Suifenhe, reported state-run Xinhua news a [...]
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China reveals nearly 60% gold reserves’ growth in 6yrs, gets into 5 top holders
China’s gold holdings grew by 604 tons to 1,658 tons since 2009, according to the data from People’s Bank of China revealed on Friday. The country thus overtook Russia to become the fifth largest holder of gold in the world. The information has been disclosed after a six-year delay. China’s central bank has reported changes to its gold reserve levels only four times over the last 15 years [...]
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