It may be true that the world is tired watching Britain being completely confused about choosing the way to exit from the European Union. Yet, the almost schizo division plaguing the Brits and their political elites alike still paralyzes to this date the divorce negotiations. Countries to be most affected by Brexit like Holland are […]Do the giant banks ‘tell’ Britain to choose a good soft Brexit and ‘remain’ or else…?
November 20, 2017 by Leave a Comment
It may be true that the world is tired watching Britain being completely confused about choosing the way to exit from the European Union. Yet, the almost schizo division plaguing the Brits and their political elites alike still paralyzes to this date the divorce negotiations. Countries to be most affected by Brexit like Holland are […]A neo-liberal toll free Paradise for the super rich and tax hell for wage earners
November 9, 2017 by 2 Comments
Despite the hullaballoo in main stream media about Queen Elizabeth’s investments in tax-havens and the implication of the US Trade Secretary Wilbur Ross in a Russia related offshore firm, the shocking revelation in the Paradise Papers is that London appears as the largest money washing machine of the world. The biggest single disclosure is that […]The 27 EU leaders did nothing to help May unlock the Brexit talks
October 23, 2017 by Leave a Comment
President Abraham Lincoln has said “when someone says it’s a matter of principles not money, then it’s a matter of money”. This famous saying was flagrantly confirmed last week in Brussels, when the 27 EU leaders – with Angela Merkel and Emmanuel Macron prominent amongst them – made it clear to Theresa May she has […]Threats from mammoth banks and Brussels fuel May’s poll rates
May 11, 2017 by Leave a Comment
The Theresa May brexiteer government has started feeling the heat about their choice to fight an electoral battle on a clear and loud plea, that a vote for Tories on 8 June is a vote for a hard Brexit. And mind you the closer we get to the polling date the more heated the controversy […]Deutsche Bank chased away from US, threatened with more fines
December 29, 2016 by Leave a Comment
The US Department of Justice settled its claims against Deutsche Bank, the biggest German lender, for packaging and selling toxic mortgage securities to uninformed customers prior to the 2008-2010 financial crisis. Initially, the Justice Department had asked for $14 billion, but it seems it settled for a fine of $7.2bn. However, this is not the […]Trump to run America to the tune of his business affairs
December 15, 2016 by Leave a Comment
In the short period after the 8 November election that brought him to the Oval Office of the White House for the next four years, President – elect Donald Trump has more or less outlined the policy mix he is going to implement as from 20 January. His choices for key government positions and his […]Who cares more about taxpayers? The US by being harsh on major banks or the EU still caressing them?
April 18, 2016 by Leave a Comment
The world economy remains more or less motionless or even recedes six years after the financial meltdown, because the banking industry has not yet decided what’s best for its interests. Continue leveraging itself (borrowing) on central bank liquidity in a stagnating environment, or start deleveraging and send the world to another deep recession, if not […]Why the euro may rise with the dollar even at lower interest rates
July 8, 2013 by 1 Comment
Goldman Sachs, the US financial giant, may be right in predicting more expensive euro parities with the American dollar around 1.37 within six months, largely higher than the current levels of 1.28-1.30. The European Sting has been pointing for a long time to Eurozone’s foreign account surpluses and the standard inflows of investments into the […]
