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US Cries FIFA Foul to Penalise Russia

The saying goes: don’t mix politics and sport. That is exactly what the United States’ authorities seem to be doing over this week’s dramatic arrests of World Cup officials and allegations of rampant fraud amounting to $150 million. The ostensible American concern is to clean up the tarnished image of the “beautiful game” in a global sting operation, which saw the arrest of seven senior members belonging to FIFA – the international federation that organises the quadrennial soccer World Cup finals...

Finian CUNNINGHAM | 28.05.2015


 

Swiss, French call to bring home gold reserves as Dutch move 122 tons out of US

News | 28.11.2014


 

Paul Craig Roberts: Swiss Gold Referendum: What It Really Means

In a few days the Swiss people will go to the polls to decide whether the Swiss central bank is to be required to hold 20% of its reserves in the form of gold. Polls show that the gold requirement is favored by the less well off and opposed by wealthy Swiss invested in stocks. These poll results provide new insight into the real reason for Quantitative Easing by the Federal Reserve and European Central Bank.

EDITOR'S CHOICE | 24.11.2014


 

Currency Swaps in the Modern World. The Birth of the Global Currency Cartel (II)

Before 2011, unlimited swaps between central banks were open for a period of seven days. In the autumn of 2011, however, the US FRS, the European Central Bank (ECB), the Bank of Japan, the Bank of England, the Bank of Switzerland and the Bank of Canada (the ‘big six’) agreed to coordinate actions to ensure the liquidity of the global financial system... Currency wars are not going anywhere; they are just ceasing to exist within the currency pool of the ‘big six’, while new currency wars between the ‘big six’ and the rest of the world are inevitable. The success of BRICS and other countries on the periphery of global capitalism in building a fair global financial order will, to a large extent, depend on the understanding that the West has already been consolidated and has distanced itself from the rest of the world...

Valentin KATASONOV | 01.10.2014


 

Washington’s Arrogance Will Destroy Its Empire

Alone among the governments in the world, Washington requires sovereign governments to follow Washington’s laws even when Washington’s laws contradict the laws of sovereign countries... Washington issues ultimatums to sovereign nations to do as they are told or «be bombed into the stone age». Washington violates diplomatic immunity and forces down the planes of presidents of sovereign countries to be illegally searched. Washington ordered Russia to violate its laws and to hand over Edward Snowden. Russia is strong enough to refuse to comply with Washington’s orders. So what did Washington do? The city upon the hill, the light unto the world, the «indispensable, exceptional government,» kidnapped Roman Seleznyov, the son of a Russian MP, in a foreign country, the Republic of the Maldives, an island nation in the Indian Ocean...

Paul Craig ROBERTS | 09.07.2014


 

What’s Behind the Campaign to Combat Banking Secrecy?

The institution of banking secrecy is on the brink of death. The destruction of the World Trade Center in New York on 11 September 2001 and the 2007-2009 financial crisis can both be considered fateful events for the future of banking secrecy. The first event was the start of the fight against terrorism organised by Washington, under the pretext of which the US authorities began trying to obtain open-ended access to information about banks’ customers, their accounts and transactions. The Patriot Act, passed after 11 September 2001, provided US intelligence agencies with full access to what had been classified banking information in America without having to obtain special permission from the public prosecutor’s office and the courts. Through various international organisations (the OECD, the IMF etc.), Washington later began to seek free access to banking information throughout the world...

Valentin KATASONOV | 15.05.2014


 

Banking Scandals as a Mirror to the Struggle for World Domination (I)

Despite some stabilisation in the financial markets by the time the first wave of the crisis had come to an end (2007-2009), global banks are still not leading a quiet life. Since the beginning of the current decade, we have seen a continuous series of scandals surrounding the banks that make up the core of the global financial system...There is enough information to allow one to come to the conclusion that the banking world has entered a prolonged phase of “controlled chaos”, or “controlled crisis”. And this immediately raises several questions. Who is controlling this chaos (crisis)? What is the objective of this control? When will the phase of chaos (crisis) come to an end? Is there a risk of loss of control?

Valentin KATASONOV | 13.08.2013


 

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


 

Gold Passions Around Basel III

The validation of the Basel III standards in a number of countries in 2013 is a serious indication that gold has returned to the world of money. We are not yet talking about the classical gold standard, of course, whereby banks are able to freely exchange paper money for metal. But metal may become more widely used to cover banks’ liabilities and be a financial asset of the «highest authority». Who knows, maybe in the future, when banks have accumulated enough gold, the issue of the reinstatement of the gold standard will be put back on the agenda...  

Valentin KATASONOV | 09.05.2013


 

Gold: Back to Money World (I)

Many statesmen do understand that the days, or perhaps, years, of the dollar based world financial system existence are counted. Once all national monetary systems are interconnected with the US currency, the time is ripe to prepare for future changes. For instance, different schemes of internal money circulation, based on gold standard, are being studied. In recent years, we constantly hear about the plans to establish a gold dinar (Muslim states), gold yuan (China), and gold frank (Switzerland). Some states leaders start to talk about returning gold into internal circulation. For instance, the idea has been supported in Sweden, Norway, South Africa, South Korea, Iran, Taiwan, Zimbabwe and some Latin American countries... In the USA the «monetary sovereignty parades» movement is in full swing at the states level. The state of Utah is the leader. In 2011 it adopted and enforced the law to legalize gold and silver coins as money...

Valentin KATASONOV | 25.04.2013




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OUR COLUMNIST
    Valentin KATASONOV

A meeting on the Elbe River, but without Russia: the G7 Finance Ministers’ meeting

The Group of Seven (G7) Finance Ministers’ meeting is to take place in Dresden (Saxony) in Germany on 27-29 May. It will be the Group of Seven’s last major event before the G7’s final full-scale summit at Schloss Elmau in the Bavarian Alps on 7-8 June 2015. The Group of Seven is made up of Germany, the US, Canada, Japan, France, Great Britain and Italy...

28.05.2015
 
 
 
 
 
 
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