Italy’s Grillo Plans Euro-Exit Referendum; Declares “At War” With ECB
``Next week, Italy's Beppe Grillo - the leader of the Italian Five Star Movement - will start collecting signatures with the aim of getting a...
Author : HF Implode
Banks Quietly Refusing to Cancel Debts Discharged in Bankruptcies
The problem, state and federal officials suspect, is that some of the nation's biggest banks ignore bankruptcy court discharges, which render the debts void. Paying...
JPMorgan Faces U.S. Criminal Probe Into Currency Trading
JPMorgan Chase & Co. said it faces a U.S. criminal probe into the firm's foreign-exchange business and increased the upper end of its "reasonably possible...
Japan risks Asian currency war with fresh QE blitz
The Bank of Japan voted by 5:4 in a hotly-contested decision to boost its asset purchases by a quarter to roughly $700bn a year, covering...
Chinese and Indian gold buyers back in market in a big way
What has been particularly strange about the gold market over the past two years is that the stronger the physical demand appearing for gold, the...
World on the brink of oil war as Opec bickers over price
A sudden slump in the price of crude has exposed deep divisions within the Organisation of Petroleum Exporting Countries (Opec) ahead of its final scheduled...
US senators demand probe into leaked Goldman Sachs tapes
``Congress must hold "oversight hearings on the disturbing issues" raised by the secretly recorded conversations between the Fed and Goldman officials, Senator Elizabeth Warren (Mass,...
Here a bubble, there a bubble: Marc Faber
``"We have a bubble in everything, everywhere," the publisher of The Gloom, Boom & Doom Report told CNBC's "Squawk Box" on Friday. Faber has long...
RON PAUL’S ‘AUDIT THE FED’ BILL RETURNS TO CONGRESS
Ron Paul may not be in Congress anymore, but his "Audit the Fed" bill lives on after him. House Republican leaders scheduled a vote on...
Investors dine on fresh menu of credit derivatives
Some market participants say the rise of these derivatives raises questions about the effectiveness of financial reform undertaken since 2008. While standardised derivatives such as...