What About The Dollar: Russia, Iran Announce $20 Billion Oil-For-Goods Deal
• http://www.zerohedge.com,Spot what is missing in the just blasted headline from Bloomberg: •IRAN, RUSSIA SAID TO SEAL $20B OIL-FOR-GOODS DEAL: REUTERS
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Spot what is missing in the just blasted headline from Bloomberg: •IRAN, RUSSIA SAID TO SEAL $20B OIL-FOR-GOODS DEAL: REUTERS
Almost a month ago, we wrote "This Is The One Financial Product Now Targeted By The HFT Swarm", in which after briefly perusing the Virtu S-1 filing, we concluded that "one product stood out.
Considering the rancorous debate currently going on between Michael Lewis (we will have more to say about it shortly), DirectEdge CEO William O'Brien and IEX employee and latest HFT whistleblower, Brad Katsuyma, on CNBC...
How would you feel if you went to the store to buy something, and someone rushed ahead of you and purchased it first and then sold it to you at a higher price? Well, in the financial world this happens millions upon millions of times.
On this Friday, March 28 edition of the Alex Jones Show, guest host David Knight covers the latest news, including developments in Ukraine as the country's Parliament rejects the bankster IMF deal designed to impose suffocating austerity on the peopl
China is the greatest construction boom and credit bubble in recorded history.
The U.S. might need to pressure some of its biggest corporations to suspend their operations in Russia, Sen. John McCain (R-Ariz.) said in an Friday interview.
The real story for taxpayers and depositors is the heightened threat to their pocketbooks of a deal that now authorizes both bailouts and “bail-ins”—the confiscation of depositor funds.
What is happening in Argentina provides a valuable lesson in why governments in every country on earth control the education of the nation’s children.
Ukraine Shocks Population With Staggered 100% Heating Price Increase While Restricting Cash Use
. By the ruin theorems, if you incur a tiny probability of ruin, as a "one-off" risk, survive it, then repeat the exposure, you will eventually go bust with probability 1." (Where "probability 1" means a 100% chance.)
"The truth of the matter is… No one, except the Icelanders, have to been the only culture on the planet to carry out this successfully. Not only have they been successful, at overthrowing the corrupt Gov’t, they’ve drafted a Constitution, that will s
Is this the final nail in the coffin of the "Tea Party?"
Plan will impose austerity measures rivaling those decimating living standards of the Greek people
The more the West attempts to "isolate" Russia and pushes it away from its "core values" and of course the US Dollar, the more Russia will seek the safety of a non-dollar based system.
Yesterday we reported that in an attempt to unclog Europe's broken credit and monetary piping, European regulators are preparing to get their hands dirty by easing rules on, and unleashing, an asset class once labelled toxic sludge, i.e., all the wor
The US Senate is more than happy to hand over a few billion and confirm sanctions:
The short-end of the Treasury curve continues to reprice higher in yield (3Y +2bps) as the term structure bear-flattens with 30Y yields rallying further after the aggressive 7Y auction.
During the Cold War, U.S. strategy was to contain Soviet expansion until the Soviets' inefficient communist economic system collapsed from within.
The rumor spread quickly. A small rural lender in eastern China had turned down a customer's request to withdraw 200,000 yuan ($32,200).
With Switzerland long dead as an offshore tax haven for US savers unwilling to fund Uncle Sam's central-planning machine (and who can blame them - isn't monetizing the deficit precisely what the Fed is for?) and with Cyprus banks, shall we say, compr
We assume this is not what President Obama meant when he said "costs"...
Auroracoin for all Icelanders. That’s the goal of a community in Iceland making an attempt to overcome the country’s lagging economy.
Curious what the real, and not pre-spun for public consumption, sentiment on the ground is in a China (where the housing bubble has already popped and the severe contraction in credit is forcing the ultra wealthy to luxury real estate in places like
A week ago, in the St. George’s Hall in the Kremlin, Russia’s elite cheered and wept as Vladimir Putin announced the re-annexation of Crimea. Seven in 10 Russians approve of Putin’s rule.
Forget diversification. Jim Rogers has identified the world’s next great investment opportunity, and in a recent interview the famed guru said he is willing to put all his considerable fortune there.
If you are an observer of the goings-on in the world and how the political, administrative and business elite operate, you have likely come to the conclusion that the whole situation is mind-boggling.
Dallas Fed President Richard Fisher has been a thoughtful dissenter all along on the lunacy of QE and the Fed’s massive bond buying spree.
It is widely known that Russia is owed billions by Ukraine for already-delivered gas (as we noted earlier, leaving Gazprom among the most powerful players in this game).
One could see this one coming from a mile away.