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Senate passes bill granting Obama 'fast-track' TPP authority
The US Senate passed a controversial “fast-track” trade bill in a 62-37 vote on Friday. It is a key part of President Barack Obama’s pivot to Asia, which aims to counter China’s rising economic and diplomatic power via the Trans-Pacific Partnership (TPP).
The bill will now head to the House of Representatives for a vote early next month, where it is expected to face a tougher showdown.
If...
US billionaire close to buying Time Warner for $55 billion
The Time Warner Center as viewed from Central Park West in New York.
American company Charter Communications is clinching a deal to buy Time Warner Cable for about $55 billion.
Charter, mostly backed by American billionaire John C. Malone, is set to buy the company following a deal that may be announced as soon as Tuesday, the New York Times reported on Monday.
Charter is said to be paying some $195...
Greece has no money to make IMF payment, interior minister says
Greece will not be able to make next tranche of debt repayment to the International Monetary Fund (IMF), as the country has no money to pay, the Interior Minister said.
“The four installments for the IMF in June are 1.6 billion euros ($1.8 billion), this money will not be given and is not there to be given,” Nikos Voutsis told Greek Mega TV’s weekend show on Sunday.
Asked about the...
TPP Gives Obama Power To Destroy America
In this exclusive emergency address, Alex breaks down the hidden reasons behind the sinister Trans Pacific Trade Partnership.
The TPP is global domination by a fascist cartel bent on enslaving the world. Now the Senate has given fast-track authority to Obama to implement this secret plan and set fire to our Constitution, rules of law and ultimately our liberty and way of life.
Kentucky Senator and...
French government forces supermarkets to donate to charity
The French government has taken steps to minimize food waste, banning large supermarkets from destroying unsold products. They will instead be forced to donate the goods to charities or farms.
The National Assembly unanimously voted in favor of the ban on Thursday as part of a larger environmental bill. It explicitly prohibits the practice of intentionally spoiling food so it cannot be eaten.
“It’s...
Greek June 5 payment impossible without deal
Nikos Filis, parliamentary spokesman of Greece’s Syriza Party.
The Greek government says the repayment of its debt to the International Monetary Fund (IMF) scheduled for early next month will not be possible unless a deal is reached between Athens and its international creditors for unblocking a bailout fund.
The parliamentary spokesman for Greece’s ruling Syriza Party said Wednesday that the government...
France's Marine Le Pen Slams TTIP: 'We must resist corporations'
Leader of France’s National Front party, Marine Le Pen, has launched a month-long blitz against the Transatlantic Trade and Investment Partnership (TTIP) – a proposed EU-US treaty, which has been criticized for secretiveness and lack of accountability.
“It is vital that the French people know about TTIP’s content and its motivations in order to be able to fight it. Because our fellow countrymen...
Ban Cash and Force Everyone to Have a Government-Controlled Bank Account
A former Bank of England economist has called for a total ban on cash and its replacement with credit accounts controlled directly by governments.
In a column for the London Telegraph, fund manager Jim Leaviss all but advocates economic fascism as a means of enabling authorities to respond to financial crises better by implementing a “cashless society.”
“Forcing everyone to spend only by electronic...
Greek economy contracts 0.2 percent, slipping back into Recession
A new report shows that the economy of Greece under SYRIZA has slipped back into recession after having contracted by 0.2 percent during the first quarter of the current year.
The report was released by the national statistics agency, ELSTAT, on Wednesday, showing the second consecutive quarterly fall in Greece’s national output, after it had grown for most of 2014, AFP reported.
The downturn, the...
TPP trade deal 'a disaster', other countries will 'dupe' US - Donald Trump
US real estate mogul and billionaire Donald Trump slammed the Obama administration over its Trans-Pacific Partnership (TPP) trade deal, labeling it as disastrous and warning that it will encourage US companies to slash domestic jobs.
“The new trade deal is a disaster,” The Hill quoted Trump as saying at the South Carolina Freedom Summit in Greenville, South Carolina.
“They don’t talk about...
Urban poor aging faster at cellular level
New blood tests show that poor populations in urban areas of the United States are actually aging faster at the cellular level than others, thanks to chronic stress connected to income and identity, according to a new study by scientists.
Conducted on a small group of black, white and Mexican adults in three Detroit neighborhoods, the tests were an attempt by scientists to learn what contributed to...
UK Companies to Invest $400 Million in Cuba
British firms have signed financial agreements with Cuban companies for UK investments of $400 million, including in the energy, agriculture and tourism sectors, the Havana Times reports.
The signing of the investment agreement took place within the framework of a business seminar sponsored by Cuba Initiative in Havana. The three-day meeting started on Tuesday and was attended by Cuban authorities...
JP Morgan prepares for Global War, Unprecedented silver accumulation
Silver stockpile of the largest US bank and major provider of financial services JPMorgan Chase has increased drastically for the last three years. In 2012 the amount of physical silver was at 5 million ounces, while for the current year it increased more than tenfold and accounts for 55 million.
Silver has always been regarded as a great investment tool. But the fact that it is estimated at that...
Moody’s downgrades Greece credit rating over debt uncertainty
Moody’s rating agency downgrades Greece’s debt to junk.
Moody’s rating agency has downgraded Greece’s credit rating further into junk territory over growing uncertainty about the country’s ability to make its debt payments.
On Thursday, Moody’s slashed Athens’ rating to Caa2 from Caa1 and assigned it a “negative” outlook.
The rating is just two steps away from the level signaling...
Disgraced HSBC cites UK 'regulatory reforms' as a cause for Asia move
As disgraced British bank HSBC considers moving its headquarters to Asia, many UK tax payers have welcomed the news. The banking giant, which previously assisted criminals in dodging tax, cited regulatory changes as a driving factor for its move.
HSBC is pondering selling off its UK retail unit in a lucrative £20bn deal, as it reviews whether it should remove its headquarters from the City of London...