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Russia’s tenth humanitarian convoy to Donbass due to leave Dec 21...

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Banks and Bandits

...Leading Western banks create a wide transnational network with their branches, daughter and granddaughter subsidiaries in Central and Southern America, Western Africa, Southeast Asia and Russia. It would be fair to assume that these transnational giants are expanding in order to conquer new credit and money markets, but at the same time, a motive like laundering dirty money is almost never mentioned with regard to their activities. However, this is why countries on the periphery of global capitalism are unable to establish effective financial and banking control, since such control directly contradicts the interests of major banks and the drug mafia...

Valentin KATASONOV | 07.02.2014


 

"Bubbles" Starting to Form in the Financial Markets

The formation of bubbles which has begun on America's securities markets means that stocks circulating on the market and financial instruments linked to real assets are losing their connection to the situation in the real sector of the economy. The economy is running in place or even going down, but stock market quotes are moving in the opposite direction. This theater of the absurd is supported by the Federal Reserve and its quantitative easing program...

Valentin KATASONOV | 20.11.2013


 

Untouchable Banks: The End of the Easy Life (II)

While at first the main target of prosecution on charges of discreditable mortgage practices was Bank of America, which was traditionally one of the top five, if not the top three banks on Wall Street, in autumn 2013 JPMorgan Chase topped the black list. Among Wall Street banks it has consistently occupied first place in assets (currently 2.3 trillion dollars). JPMorgan Chase will pay the U.S. government 13 billion dollars in exchange for dropping the investigation into the bank's activities in the mortgage field. An agreement to this effect was reached by the bank's management and the U.S. Department of Justice. This is an absolute record for compensations received by the U.S. government from a private business...

Valentin KATASONOV | 07.11.2013


 

Untouchable Banks: The End of the Easy Life (I)

The largest banks of Wall Street, the London City and other financial centers of the West have always been considered «Too Big to Fail». Such big-name banks were categorized as «untouchables», «sacred cows» which were destined to exist forever. And that is not surprising; the demise of any one of the «sacred cows» of the banking world could plunge not only one country, but the entire world into the depths of crisis. After all, the «sacred cows» existed outside of the so-called market economy, with its fierce competition, high risks, bankruptcies and defaults. They lived their lives in the oases of «banking socialism»...

Valentin KATASONOV | 05.11.2013


 

The Return of the Glass-Steagall Act?

A report flashed through the media recently about Iowa Democrat Senator Tom Harkin, who has introduced to the US Senate Bill No.985 on the reinstatement of the Glass-Steagall Act. This took place on 16 May on the 80th anniversary of the original Glass-Steagall Act. Its adoption, as well as its subsequent repeal, had an enormous influence on the development of both America’s and the world’s financial and banking systems...

Valentin KATASONOV | 20.06.2013


 

Behind-the-scenes games with gold: in anticipation of the great turn (II)

...The Rothschilds would probably like to once again play the same game they played in the 19th century, a game known as the «gold standard» and which poses no risk to them. It would be impossible to introduce it to every country simultaneously. If the process began successfully in Great Britain two centuries ago, today it seems like China is being regarded as the «pioneer». In every way possible, the Rothschilds are stirring up the Celestial Empire’s gold ambitions, pushing the country to accumulate considerable gold reserves and suggesting that the yuan should be an international currency, but that is only possible if it becomes gold...

Valentin KATASONOV | 07.06.2013




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OUR COLUMNIST
    Nikolai BOBKIN

Iran: Coming out in the Open to Join First Line of Battle against Islamic State

...Iran realizes that Iraq turns into a springboard for launching an Islamic State aggression against Iran so it makes no secret of its involvement there anymore. The supreme leader of Iran Ali Khamenei says the activities of the US and its allies lead to split among Muslims instead of eradicating terrorism. Tehran believes that the only way to counter the threat is to make Iraqi Shiites join the fight against terrorists. The unparalleled in scale pilgrimage of Iraqi and Iranian believers to the Shia holy city of Kerbela is a telling example of Shiites’ unity...

21.12.2014
 
 
 
 
 
 
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