World News (May 22, 2018 Edition): “It’s Ridiculous”: Parents Furious As Australia Seeks To Ban Use Of “Boy” Or “Girl” In Books – Cartoonist Fired From German Newspaper Over Netanyahu Drawing – Rep. Eric Swalwell Pushes ‘Assault Weapons’ Buyback, Criminal Prosecution of Those Who Refuse – Syrian army liberates the last ISIS foothold in the vicinity of the Syrian capital – Germany: High Regional Court rejects detention. Carles Puigdemont remains free – Ramadan Rage: Jihadists Kill 41, Injure 102 in First 4 Days

Read moreWorld News (May 22, 2018 Edition): “It’s Ridiculous”: Parents Furious As Australia Seeks To Ban Use Of “Boy” Or “Girl” In Books – Cartoonist Fired From German Newspaper Over Netanyahu Drawing – Rep. Eric Swalwell Pushes ‘Assault Weapons’ Buyback, Criminal Prosecution of Those Who Refuse – Syrian army liberates the last ISIS foothold in the vicinity of the Syrian capital – Germany: High Regional Court rejects detention. Carles Puigdemont remains free – Ramadan Rage: Jihadists Kill 41, Injure 102 in First 4 Days

World News (May 13, 2018 Edition): Army’s New Weapon: Special Goggles Allow Soldiers To Shoot Around Corners – An “Audible Gasp” Was Heard When The Chicago Fed Unveiled Its “Solution” To The Pension Problem

Army’s New Weapon: Special Goggles Allow Soldiers To Shoot Around Corners:

Soldiers are about to receive futuristic devices that replace traditional night vision goggles with integrated systems, and allow troops on the battlefield to “shoot around corners, see-through dense vegetation, and smoke, plus distinguish friend from foe…”

An “Audible Gasp” Was Heard When The Chicago Fed Unveiled Its “Solution” To The Pension Problem:

Homeowners with houses worth $250,000 would pay an additional $2,500 per year in property taxes, those with homes worth $500,000 would pay an additional $5,000, and those with homes worth $1 million would pay an additional $10,000.

Iran Threatened To Name Politicians Who Took Bribes To Pass Nuclear Deal:

“If Europeans stop trading with Iran and don’t put pressure on US then we will reveal which western politicians and how much money they had received during nuclear negotiations to make #IranDeal happen.”

Happy Mothers Day America: 12 Million Millennials Still Live With Their Moms:

You would expect young adults living at home to return to historic norms [as the economy has recovered from the housing crash]… but the trend has not decreased – if anything, it is increased.

Julian Assange is in immense danger: Ecuador hints it may hand him over to Britain and the US

Mexico: 91 Politicians Murdered Leading up to General Elections

Read moreWorld News (May 13, 2018 Edition): Army’s New Weapon: Special Goggles Allow Soldiers To Shoot Around Corners – An “Audible Gasp” Was Heard When The Chicago Fed Unveiled Its “Solution” To The Pension Problem

World News (May 11, 2018 Edition): Russia Says No S-300 Missiles For Syria After Netanyahu Visit – Israel Now Faces New Rules Of Engagement In Syria

Russia Says No S-300 Missiles For Syria After Netanyahu Visit:

Russia has made an apparent U-turn on its prior signaling that it would supply the advanced S-300 surface-to-air missiles to Syria after this week’s major escalation between Syria and Israel, which involved scores of surface-to-surface rockets being fired by both sides, primarily across the contested Golan border, and some 28 Israeli aircraft firing around 60 air-to-surface missiles at Syria during the exchange.

Is this the beginning of a Russian lack of commitment in Syria? Or is this the realization that Syria can stand on its own after creating new rules of engagement with Israel?

Russia is now indicating Syria has “everything it needs” to repel Israeli aggression.

Reuters reports that Putin’s personal aide indicated the change in calculus:

The comments, by Vladimir Kozhin, an aide to President Vladimir Putin who oversees Russian military assistance to other countries, follow a visit to Moscow by Israeli Prime Minister Benjamin Netanyahu this week, who has been lobbying Putin hard not to transfer the missiles.

“For now, we’re not talking about any deliveries of new modern (air defense) systems,” Izvestia cited Kozhin as saying when asked about the possibility of supplying Syria with S-300s.

The Syrian military already had “everything it needed,” Kozhin added.

Israel Now Faces New Rules Of Engagement In Syria:

Even as CNN is out with a new report condemning Iran for denying any responsibility or role in the latest massive exchange of fire between Israel and Syria, The New York Times has admitted (albeit buried deep in the story) that Israel was the actual aggressor and initiator of hostilities which threatened to spiral out of control overnight Wednesday and into Thursday morning.

While CNN and most Israeli and mainstream media sources blame Iran for initiating an attack on Israel, on the very day of the early morning strikes (Thursday), the Times acknowledged“The barrage [of Syria/Iran missiles] came after an apparent Israeli missile strike against a village in the Syrian Golan Heights late Wednesday.”

SOS: America’s Newest Nuclear-Powered Aircraft Carrier Suffers Breakdown At Sea

Brennan, Strzok And Kerry Allegedly Set “Spy Traps” For Trump Team; Hunt For FBI Mole Intensifies

WSJ: The FBI Hid A Mole In The Trump Campaign:

“We might take this to mean that the FBI secretly had a person on the payroll who used his or her non-FBI credentials to interact in some capacity with the Trump campaign. This would amount to spying”

USDA caught murdering hundreds of kittens in “incineration ovens” as part of cruel medical experiments

Starbucks Becomes America’s Largest Public Restroom

Gold Mining Supply IS Collapsing

The Death Of Free Speech: Twitter Ramps Up ‘Censorship’ Of “Hate Facts”

Watch The White House Respond When Questioned About Saudis Getting Nukes: “…But Iran!”

The Boston Dynamics bipedal robot can run now:

Pat Buchanan Asks “Are Bibi & Bolton In The Wheel House Now?”

Toxic Gas, Massive Explosion Fears Mount As Lava Nears Hawaii Power Plant

Cryptos Crushed By 24-Hour Triple-Whammy

The Wealthy Are Hoarding $10 Billion Of Bitcoin In Bunkers

US Postal Service Loses $1.4 Billion, Burns Through $62 Billion In Past Decade

Read moreWorld News (May 11, 2018 Edition): Russia Says No S-300 Missiles For Syria After Netanyahu Visit – Israel Now Faces New Rules Of Engagement In Syria

World News (May 8, 2018 Edition): Haaretz: “BREAKING: Explosions heard near Damascus as Israel braces for imminent Iranian attack” – Trump Pulls US Out Of “Unacceptable, Defective” Iran Deal – Israel Deploys Troops To Syrian Border After Detecting “Unusual Movements Of Iranian Forces”

Trump Pulls US Out Of “Unacceptable, Defective” Iran Deal; Obama Slams Decision As “So Misguided”:

President Trump has confirmed the US withdrawal from the Iran Nuclear Deal and will be instituting the highest level of sanctions against Iran, adding that any nation that aids Iran will also be sanctioned.

Illuminati puppet Netanyahu doing what he is told to do, as predicted…

Trump Pulls US Out Of “Unacceptable, Defective” Iran Deal; Obama Slams Decision As “So Misguided”:

President Trump has confirmed the US withdrawal from the Iran Nuclear Deal and will be instituting the highest level of sanctions against Iran, adding that any nation that aids Iran will also be sanctioned.

Israel Deploys Troops To Syrian Border After Detecting “Unusual Movements Of Iranian Forces”

“The Art Of Exiting The Deal”: What Happens Next?:

 The next great middle-eastern conflict has started.

Kim Agrees “Denuclearization Is Achievable” After Surprise Second Meeting With China’s Xi

“We’ve Never Seen Anything Like This” – Hawaii Officials Warn Residents Of Dangerous Volcanic Smog

Iran Revolutionary Guard Says Tehran Not Afraid Of US “Military Attack”, Prepared For Worst Scenario

Russia To Debut New Hypersonic Missile For The First Time During Victory Day Parade

Trump Considers Banning Giuliani From TV Interviews After Failure To Stay “On Message”:

 President Trump is reportedly considering benching the newest addition to his legal team, former New York City Mayor Rudy Giuliani, after Giuliani repeatedly dropped the ball during interviews with Fox’s Sean Hannity and others…

NATO: a Promoter of Colonialism in the 21st Century

Trump “Committed To Regime Change” In Iran: Giuliani

Israel Threatens Assad: “If You Continue Allowing Iran To Operate Out Of Syria, It Will Be Your End”

Visualizing The 10 Wealthiest Countries In The World

U.K. Home Prices Plunge 3.1% In April – Largest Monthly Drop Since Financial Crisis In 2011

Read moreWorld News (May 8, 2018 Edition): Haaretz: “BREAKING: Explosions heard near Damascus as Israel braces for imminent Iranian attack” – Trump Pulls US Out Of “Unacceptable, Defective” Iran Deal – Israel Deploys Troops To Syrian Border After Detecting “Unusual Movements Of Iranian Forces”

World News (May 7, 2018 Edition): Israel Will ‘Eliminate’ Assad if He Continues to Let Iran Operate From Syria, Minister Warns (#WW3) – George Soros’ Right Hand Man Arrested For Rape And Human Trafficking

‘Crass morons’ = carefully selected (not elected) Illuminati puppets.

Israel Will ‘Eliminate’ Assad if He Continues to Let Iran Operate From Syria, Minister Warns

Stephen Hawking’s Last Words: We Live In ‘The Matrix’?:

Before he passed away in March, renowned physicist Stephen Hawking had published more than 230 articles on the birth of the universe, black holes and quantum mechanics. But, ten days before his death, Hawking finished his final theory on the origin of the universe  – now published posthumously – and it offers an interesting departure from earlier ideas about the nature of the “multiverse.”

Tesla Admits It May Need More Capital, Reveals $300MM In Sales Came From Accounting Change

US Navy Resurrects Its Cold War-Era Atlantic Fleet To Counter Russia

Ex-Venezuela Oil Boss: PDVSA Is Collapsing:

The man who ran Venezuela’s state oil company PDVSA for a decade after 2004 says that the country’s oil firm is on the cusp of total collapse and expects oil production to drop by 600,000 bpd each year amid lack of investment.

The latest left-wing ecological insanity: Clear-cutting forests to burn the trees for “green” energy

Tommy Robinson at #DayForFreedom: ‘I’m Taking Twitter to Court to Prove Facts Are Now Treated as Hate’:

Activist Tommy Robinson has told the #DayForFreedom free speech rally in London that he’s taking Twitter to court, to prove the social media giant is treating “facts” as “hate” at the behest of a censorious British government.

Putin Sworn In For Another Six Years As Russian President “To Serve The People And The Fatherland”:

Vladimir Putin was sworn in for another six-year term as Russian president, his fourth, buoyed by popular support but weighed down by the ongoing confrontation with the West, a fragile economy and uncertainty about the future.

– FYI: Munger Massacres “Scumbag, Immoral” Bitcoin Traders, Gates “Would Short It” If He Could:

Bitcoin is worthless artificial gold… It’s anti-social, stupid and immoral…it’s as bad as trading freshly harvested baby brains…”

Read moreWorld News (May 7, 2018 Edition): Israel Will ‘Eliminate’ Assad if He Continues to Let Iran Operate From Syria, Minister Warns (#WW3) – George Soros’ Right Hand Man Arrested For Rape And Human Trafficking

Swiss Bank Replaces Seven Employees With Five Robots

Swiss Bank Replaces Seven Employees With Five Robots:

A Swiss bank has replaced seven employees with five software robots in order to speed up workflow, according to Bloomberg.

In a pilot project, St. Galler Kantonalbank AG opted for the second option. The bank is so satisfied with the test results that it wants to decide on further assignments by the end of May. –Bloomberg

When St. Galler Kantonalbank (SGKB) needed to transfer around 5,000 securities positions into its own IT systems during the acquisition of M.M. Warburg Bank Schweiz AG’s private banking business, the five robots were put on the job, and “did their job well,” according to SGKB. Now they’re exploring other applications for digital employees.

We’ve seen that’s technically feasible and now we’re exploring whether other applications are worthwhile, and I’m very optimistic about that“, Felix Buschor, member of the management board, said in an interview with Bloomberg. “The assessment of the potential is in full swing.”

Buschor admits some of their human employees are beginning to worry about their jobs – though he offers up a Jedi mind trick of sorts to reassure them that “as we have always compensated efficiency gains through natural fluctuation and because we paid close attention to enabling our employees to develop new technologies, the acceptance is high,” whatever that means.

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World News (April 29, 2018 Edition): Following Knife Ban, London Mayor Declares City “One Of Safest In The World” – Researchers are keeping pig brains alive outside the body – Dr. Judy Wood: 9/11 Seismic Data – PINE GAP SECRET UFO BASE & ULTRA ROOM ESOTERIC CIRCLE! DARK JOURNALIST X-SERIES VIII

Following Knife Ban, London Mayor Declares City “One Of Safest In The World”

French Ambassador: “US Withdrawal From Iran Deal May Lead To War”

UK Home Secretary Amber Rudd Resigns Over Immigration Scandal

During the coming earth changes that shit will sink to the bottom of the ocean, just like any other ship on the ocean: Russia: Floating nuclear plant towed to sea for fueling trip:

ST. PETERSBURG, Russia (AP) — A floating nuclear power plant built in Russia has embarked on its first sea voyage so its reactors can be loaded with fuel. The floating plant, the Akademik Lomonosov, was towed on Saturday out of the St. Petersburg shipyard where it was constructed.

– FYI: Trump: If Dems Win Midterms, They’ll Impeach Me; Stocks Could Be Up 60% But “I Have To Do Things”

– WW3:  ‘Deep state’ elements pushing for Syrian conflict – Dennis Kucinich tells Larry King on RT (VIDEO)

FYI: PINE GAP SECRET UFO BASE & ULTRA ROOM ESOTERIC CIRCLE! DARK JOURNALIST X-SERIES VIII:

Researchers are keeping pig brains alive outside the body

Snow and Ice Surprises:

Reader kevin a asks:

“Baltic sea temp.
1740 temperature was the same as today.
and why the massive rise @ 1700?”

Pompeo Lands In Saudi, Immediately Calls For New Iran Sanctions

Dr. Judy Wood – 9/11 Seismic Data:

Pompeo Lands In Saudi, Immediately Calls For New Iran Sanctions

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World News (April 28, 2018 Edition): America’s Most Popular Politician Is Nikki Haley…Let That Sink In – Yemen War Great For US Jobs: Watch CNN’s Wolf Blitzer Proclaim Civilian Deaths Are Worth It – Bill Gates Warns “Millions Could Die” If US Doesn’t Prepare For Coming Pandemic – “There’s Crack And Heroin Everywhere” – Homeless Set Up Shooting Gallery Inside SF BART Station

America’s Most Popular Politician Is Nikki Haley…Let That Sink In:

US Ambassador to the UN Nikki Haley is America’s most popular politician according to a study by Quinnipiac University, CNN reported yesterday.

“No Attacks, No Victims”: Syria Chemical Attack Video Participants Speak At OPCW Briefing

Bill Gates Warns “Millions Could Die” If US Doesn’t Prepare For Coming Pandemic

Yemen War Great For US Jobs: Watch CNN’s Wolf Blitzer Proclaim Civilian Deaths Are Worth It

Mystery Group Of “Wealthy Donors” Spends $50 Million For “Private Trump-Russia Investigation”

This Is The Military “Batmobile” That May Soon Be Protecting The US Border

A US Ally Is Literally Beheading People Over Nonviolent Drug Charges

“There’s Crack And Heroin Everywhere” – Homeless Set Up Shooting Gallery Inside SF BART Station:

– Here we go again: Freddie Mac Launches “3% Down” Mortgage With No Income Restrictions

800,000 People To Flee New York & California In Next Three Years

Amazon Admits Hackers Could Turn Echo Speakers Into Listening Devices

It’s “open season” on vaccinating pregnant women with toxic, harmful substances confirmed present in many vaccines

Read moreWorld News (April 28, 2018 Edition): America’s Most Popular Politician Is Nikki Haley…Let That Sink In – Yemen War Great For US Jobs: Watch CNN’s Wolf Blitzer Proclaim Civilian Deaths Are Worth It – Bill Gates Warns “Millions Could Die” If US Doesn’t Prepare For Coming Pandemic – “There’s Crack And Heroin Everywhere” – Homeless Set Up Shooting Gallery Inside SF BART Station

Breaking News: April 9, 2018 Edition

Infinite Unknown should actually already be in ‘preservation mode’ due to lack of support (for the rest of April).

More info here:

Infinite Unknown Could Be A Wonderful All Benefitting Project

10 Year Anniversary & Major Changes

So far I. U. received $8 in donations in April of $600 needed for May.

*****

Israel Strikes Hamas In Gaza As Border Protests Turn Into Guerilla Warfare

Cryptos Crash As Russian Sanctions Ripple Through Markets

“Toxic Assets”: Ruble Crashes, Russian Stocks Plunge Most In 4 Years After US Sanctions

Apple Co-Founder Deletes His Facebook Page

FBI Raids Office Of Trump Lawyer Michael Cohen

Man Drops Off 518HP Mercedes For Service With Dashcam Running; This Is What It Recorded

Japan Activates Marines For First Time Since WWII On Chinese Border

US Deficit To Soar Over 40% In 2019, Exceed $1 Trillion By 2020: CBO

London Mayor Unveils New Stop-And-Frisk Police Policy To Enforce City-Wide Knife Ban

In Latest Humiliation For Brussels, Viktor Orban Wins Hungary Elections In Landslide Victory

CIA & MI6 To Relocate Skripals To America, Give Them New Identities: Report

Links sent by readers:

Dr. Paul Craig Roberts: Israel Is Again Pushing Washington To War

Coincidence? Every Time the US Threatens to Pull Out of Syria, Assad Uses Chemical Weapons

Israeli Missile Strike Hits T4 Airbase Near Homs, Syria

Israelis Gather by Gaza Border to Watch and Cheer as Military Uses Live Fire Against Palestinians

Israeli Sniper Targets and Kills Journalist in “PRESS” Vest

Supreme Court Rules Cops Can Kill Non-Threatening People As Long As They Say They Were Scared

Hungary’s pro-migrant groups seen as targets after election

Syria war: Attacks hit Syrian airbase in Homs province

Chap. 11 Bankruptcies Spike 63% from Year Ago

Subprime Carmageddon: Specialized Lenders Begin to Collapse

After a String of Corporate Scandals & Collapses, “Big Four” Accounting Giants Face Breakup in the UK

Finland’s first terror trial opens over 2017 stabbings

SpaceX can’t broadcast Earth images because of a murky license

An Obsolete Law Prohibits SpaceX From Broadcasting Videos From Space

*****

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Sweden’s ‘Cash Rebellion’ Fears “We Have No Weapon Fight Back…If Putin Invades”

Sweden’s ‘Cash Rebellion’ Fears “We Have No Weapon Fight Back…If Putin Invades”:

For the last two years we have documented the rapid ascent of Sweden’s cashless society as government’s demands for ever greater control over “you, the people’s” money combined with the ‘ease-of-use’ narrative has left many stores no longer accepting cash at all  and even sparked anxiety among Swedish authorities  that:

“If this development with cash disappearing happens too fast, it can be difficult to maintain the infrastructure” for handling cash.

Last year, the amount of cash in circulation in Sweden dropped to the lowest level since 1990 and is more than 40 percent below its 2007 peak. The declines in 2016 and 2017 were the biggest on record.

But the pace at which cash is vanishing has authorities worried.

“One may get into a negative spiral which can threaten the cash infrastructure,” Mats Dillen, the head of the parliamentary review, said.

“It’s those types of issues we are looking more closely at.”

Riksbank Governor Stefan Ingves has said Sweden should consider forcing banks to provide cash to customers.

Read moreSweden’s ‘Cash Rebellion’ Fears “We Have No Weapon Fight Back…If Putin Invades”

World’s Most Wanted Bank Whistleblower Was Just Arrested, for the Worst Possible Reason

World’s Most Wanted Bank Whistleblower Was Just Arrested, for the Worst Possible Reason:

For a prisoner exchange between Switzerland and Spain? 

Hervé Falciani, the French-Italian former HSBC employee who blew the whistle on HSBC and 130,000 global tax evaders in 2008, has been arrested in Madrid on Tuesday in response to an arrest warrant issued by Switzerland for breaking the country’s bank secrecy laws.

He lives in France, which rarely extradites its own citizens. But when Spanish authorities learned that he was in town to speak at a conference ominously titled, “When Telling the Truth is Heroic,” they made their move. If he is extradited to Switzerland he could face up to five years in prison.

Read moreWorld’s Most Wanted Bank Whistleblower Was Just Arrested, for the Worst Possible Reason

Citigroup Enforces Gun Control Restrictions On Customers

Citigroup Enforces Gun Control Restrictions On Customers:

Seemingly following Andrew Ross Sorkin’s suggestions, and echoing the virtue-signaling from Dick’s Sporting Goods et al., megabank Citigroup is setting restrictions on the sale of firearms by its business customers.

As a reminder, Andrew Ross Sorkin wrote in the NY Times that banks could control guns, if Washington won’t.

Liberty Blitzkrieg’s Mike Krieger exclaimed that even in today’s world replete with plutocrat public relations masquerading as journalism, it’s rare to encounter an article simultaneously pandering, authoritarian, childish and dumb. Nevertheless, I found one, and it was unsurprisingly published in The New York Times.

The title of the piece more or less says it all, How Banks Could Control Gun Sales if Washington Won’t, but let’s go ahead and examine some of the author’s suggestions in greater detail. For instance:

Read moreCitigroup Enforces Gun Control Restrictions On Customers

Three Merrill Insiders To Split $83 Million In Largest-Ever Whistleblower Award

Three Merrill Insiders To Split $83 Million In Largest-Ever Whistleblower Award:

Who needs to work when you can just expose your boss’ criminal ways and retire with the “whistelblower” proceeds?

That’s the question three former Merrill Lynch insiders will ask themselves after their tips led to both a successful enforcement against parent company Bank of America in a $415 million settlement for engaging in complex transactions which allowed the bank to reduce the amount of client funds that had to be set aside in reserve accounts and – more importantly – the largest ever whistleblower award amounting to $83 million.

Two of the recipients will split a $50 million award, while a third person will receive $33 million for a tip in the same case.

The previous record was $30 million in 2014 – all done under an award provision under the post-crisis Dodd-Frank law. 

Read moreThree Merrill Insiders To Split $83 Million In Largest-Ever Whistleblower Award

Banks Are Finally Raising Deposit Rates 2 Years After First Fed Hike

Banks Are Finally Raising Deposit Rates 2 Years After First Fed Hike:

For more than a year now, big banks have been shafting their customers by refusing to raise interest rates on deposits and products like CDs – opting instead to use the added income to pad their bottom lines after nearly a decade of rock-bottom rates.

This has been great for shareholders, who will indirectly reap the benefits of cheap financing costs and rising profits. Until recently, JP Morgan Chase & Co. had raised its average deposit rate by a paltry 0.21 percentage points, despite the fact that interest rates have risen by 1.25% since the cycle began. A sixth rate hike is widely expected when the Fed meets later this week.

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Goldman CEO Blankfein Set To Leave, WSJ Reports

Only that his God is symbolized by this sign…

…another rat is leaving the sinking ship.

Goldman CEO Blankfein Set To Leave, WSJ Reports:

God’s work is done…

The Wall Street Journal reports that Lloyd Blankfein is preparing to step down as Goldman Sachs chief executive as soon as the end of the year, capping a more than 12-year run that would make him one of the longest-serving bosses on Wall Street.

The timing of any moves could still change, and the 63-year-old Mr. Blankfein is firmly in control of his exit, the people said.

The current thinking, though, is that he will retire ahead of or early in Goldman’s 150th anniversary year in 2019, a fitting send-off for the history buff.

Mr. Blankfein has often joked he will die at his desk, and his enthusiasm for the job has led many within the firm to believe he might outlast another set of would-be successors.

While the firm’s co-presidents, Harvey Schwartz and David Solomon, are leading candidates to replace the 63-year-old CEO, one can’t help but wonder about the timeliness of Gary Cohn’s White House exit.

Read moreGoldman CEO Blankfein Set To Leave, WSJ Reports

Rothschild Passing Dynasty on to 7th Generation, Marking 200 Years of Banker Family Rule

Rothschild Passing Dynasty on to 7th Generation, Marking 200 Years of Banker Family Rule:

Rothschild & Co. is ensuring that the business will stay in the family for a seventh generation as the current chairman prepares to hand his seat down to his son.

The Rothschild banking empire will ensure that its control continues to stay within the family for a seventh generation as David de Rothschild, 75, is set to hand the role of chairman over to his son, Alexandre de Rothschild, 37, in June.

The banking dynasty has been passed between generations for the last 200 years. It was started by Mayer Amschel Rothschild as a French railway company, and five of his sons went on to establish banking businesses across Europe. Financial Times reported that the investment bank is currently pushing to “diversify from its core French and British advisory business to help it ride out less buoyant periods in Europe’s mergers and acquisitions market.”

Read moreRothschild Passing Dynasty on to 7th Generation, Marking 200 Years of Banker Family Rule

“It’s Not only Carillion that’s Built on Sand, it’s our Whole System of Corporate Accountability”

“It’s Not only Carillion that’s Built on Sand, it’s our Whole System of Corporate Accountability”:

The construction & services giant collapsed even as KPMG signed off on its financial statements; now they deny any responsibility.

The Big Four accountancy firms — PricewaterhouseCoopers, Ernst & Young, KPMG, and Deloitte — reported combined annual revenues of $134 billion in 2017. In the global audit arena, they are virtually unassailable. In the US, the Big Four audit 497 of the S&P 500 companies. In the UK, they audit 99 of the FTSE 100 companies. In Spain there’s not a single firm listed on the IBEX 35 whose accounts are not audited by one of the Big Four.

But what are the Big Four firms actually good for?

Read more“It’s Not only Carillion that’s Built on Sand, it’s our Whole System of Corporate Accountability”

Bank Run Feared After ECB Unexpectedly Pulls Plug On Latvia Largest Private Bank

Bank Run Feared After ECB Unexpectedly Pulls Plug On Latvia Largest Private Bank:

Last week we reported that as part of a rapidly deteriorating banking crisis in Latvia, which culminated with the detention of central bank head Ilmars Rimsevics on suspicion of accepting a bribe of more than €100,000 (which prompted both the prime minister and president to demand his resignation, something he has so far refused to do), the European Central Bank froze all payments by Latvia’s largest private bank, ABLV, following U.S. accusations the bank laundered billions in illicit funds, including for companies connected to North Korea’s banned ballistic-missile program.

Then overnight the Latvian banking crisis escalated when in a statement released early Saturday, the ECB said ABLV Bank’s liquidity had deteriorated significantly, making it unlikely to pay its debts and declaring it “failing or likely to fail.” As a result, Latvia’s third largest bank will be wound up under local laws after the European Central Bank

Following the ECB’s decision, which also included the bank’s subsidiary in Luxembourg, the WSJ reported that Europe’s banking resolution authority decided the banks didn’t represent a systemic risk for their countries or the region and should be wound up by local authorities rather than be “bailed in” under EU rules.

And so, on Saturday ABLV said it would be liquidated. In four days, the bank claimed, it had raised enough capital to meet all its depositors’ demands and keep functioning, however “Due to political considerations the bank was not given a chance to do it,” it said in a statement.

Read moreBank Run Feared After ECB Unexpectedly Pulls Plug On Latvia Largest Private Bank

Another Big British Bank Lands in Deep Trouble

Another Big British Bank Lands in Deep Trouble:

Now, it’s the UK’s second-largest bank Barclays’ turn to face the music. A week ago, it was the UK’s third-largest bank, state-owned Royal Bank of Scotland, that faced one of its biggest scandal yet after whistle-blowers accused the bank of systematically forging customer signatures. RBS also faces the prospect of a multi-billion dollar fine for the way it sold residential mortgage-backed securities during the lead up to the Financial Crisis.

On Monday, the UK’s Serious Fraud Office (SFO) announced that it was charging Barclays for a second time over a deeply suspicious £2.2 billion ($3 billion) loan it issued in 2008 to Qatar. To avoid a government bailout, Barclays took a £12 billion loan from Qatar Holdings, which is owned by the state of Qatar. Under that deal, Barclays loaned £2.3 billion back to Qatar Holdings, which allegedly was then used to buy shares in Barclays. If true, it would amount to “unlawful financial assistance,” the SFO says.

Read moreAnother Big British Bank Lands in Deep Trouble