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Ukraine's economy shrinks by 7.5% in 2014

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The Ukrainian national flag waves in front of the country’s central bank building. Head of Ukraine’s central bank says the country’s economy has shrunk by 7.5 percent as inflation soared in 2014, making it the worst year in over half a century. Valeria Gontareva said on Tuesday that the annual inflation rate hit 21 percent by the end of last month and the country’s currency was devalued by... 

Saudi Arabia braces for $39 billion deficit, to cut wages due to low oil prices

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The number one crude oil exporter, Saudi Arabia, has projected a $39 billion deficit in 2015. The impact of lower oil prices, along with the decision not to cut production, is putting pressure on the country’s finances. The figure was part of the endorsed 2015 budget, which was made public in a statement read out on state-run television on Thursday. The estimated trade deficit will be Saudi Arabia’s... 

France’s unemployment rate hits new high

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France’s Labor Ministry has announced that the unemployment rate in the country has hit a new high in November. According to official statistics released on Wednesday, 3.488 million people claimed jobless benefits last month, with figures showing an increase of 27,400 people joining job-seekers ranks compared to October. The new numbers for the end of November also indicated a 0.8-percent rise over... 

Israel owes Lebanon $850 milion for oil spill - UN

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Oil from the bombed power plant of Jieh contaminating the beaches of Beirut. The UN General Assembly has nearly unanimously approved a resolution urging Israel to pay Lebanon some $850mn compensation to cover the clean-up cost of an oil spill caused in 2006 by the IDF jets attack on oil storage tanks during the war with Hezbollah. The UNGA assembly voted 170-6 in favor of the non-binding resolution.... 

Romania's new president urges end to corruption

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Newly-elected Romanian President Klaus Iohannis Shortly after being sworn in as Romania’s new president, Klaus Iohannis has called on politicians to make efforts to uproot corruption in the country. Iohannis made the remarks on Sunday while addressing the Romanian parliament after his swearing-in ceremony. The new president said there is no path for Romania other than becoming a nation “rid of... 

More Brits want UK out of EU: Poll

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A fresh opinion poll shows more British people now demand that the UK abandon its membership in the European Union. According to the French Opinion Way, the British appeared most certain of all that they want to leave the union, with only 37% against breaking ties. The poll showed that 42 percent of British respondents want to leave the EU, while 21 percent are not sure of the answer. Now Paolo Raffone,... 

Plunging Oil Prices could Ignite a Debt, Job and Derivatives Crisis

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Howard Marks believes the plunge in oil prices may usher in a new era for investing in distressed debt. For more than three years, the billionaire investor and Oaktree Capital Group LLC (OAK) co-founder urged his deal makers to be cautious, warning of loose credit standards and high prices for distressed assets. That may change as the price of oil plummets, Marks said in a letter to clients yesterday. “With... 

“Checkmate: The Game Is Over” As Russia Begins Selling Oil For Gold

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This brand new story excerpted below from Silver Doctors is hard-hitting and straight to the point, the story is called “Checkmate: Is Russia Selling Oil For Gold?” The 1st paragraph from the story warns us clearly: “This is called ‘checkmate’, “the game is over.” The new videos below from Elite NWO Agenda with Jim Rogers in the 1st video, corbettreport in the 2nd and Newsy World in... 

Putin Orders Feared “Samson Defense” To Collapse US-EU Economies

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A chilling report published today by the Ministry of Economic Development (MED) is warning of potentially “catastrophic unknown consequences” relating to President Putin’s issuance to the Central Bank of Russia (CBR) of orders to initiate what is commonly known within the Kremlin as the “Samson Defense” designed to crash the Russian ruble, while at the same time insuring the economic collapse... 

EU doesn't know when to give up, imposes new sanctions against Crimea

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EU foreign policy chief Federica Mogherini. The EU foreign policy chief says Brussels has agreed to impose new sanctions against Crimea, stressing the bloc will not recognize its reunification with the Russian Federation. Federica Mogherini made the announcement on Monday after the first meeting of the EU-Ukraine Association Council in the EU’s de facto capital, Brussels. The new sanctions set to... 

US to give Israel $350 million for Iron Dome

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The US contractor for Iron Dome is Raytheon. The US Senate has approved a multi-billion-dollar military spending bill that includes $350 million for Israel’s Iron Dome missile system. The Senate passed the bill on Friday by a 89-11 vote. The bill was sent to the White House for President Barack Obama’s signature. The 2015 defense authorization bill also authorized $521.3 billion for Defense... 

US Senate Passes Budget Over 6X Larger Than Number of Galaxies in Universe

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The $1.1 trillion spending bill approved by the Senate Saturday night is over six times larger than the estimated number of galaxies in the observable universe. $1.1 trillion is a little over a thousand billions and astronomers estimate there’s only around 170 billion galaxies in known existence, stretching nearly 14 billion light-years away in every direction. Additionally, one study estimates... 

Hundreds of Hungarians hold anti-government protest

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Hungarians gather in front of the parliament building during an anti-government demonstration in the capital Budapest on November 17, 2014. Hundreds of Hungarians have taken to the streets of the capital Budapest to protest against alleged government corruption, austerity measures, and worsening social welfare. Some 2,500 people staged a rally outside the Hungarian Parliament building on Sunday. The... 

On the Brink of War and Economic Collapse

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On occasion a reader will ask if I can give readers some good news. The answer is: not unless I lie to you like “your” government and the mainstream media do. If you want faked “good news,” you need to retreat into The Matrix. In exchange for less stress and worry, you will be led unknowingly into financial ruin and nuclear armageddon. If you want to be forewarned, and possibly prepared, for... 

The truth behind the Swiss gold referendum

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A recent column in US News & World Report, The Swiss Gold Rush by Pat Garofalo, its assistant managing editor for opinion, is subtitled “A push for the gold standard in Switzerland is symbolic of Europe’s rising right wing.” US News & World Report hereby descends from commentary to propaganda. Who edits its editors? To begin with, the Swiss referendum, decisively and sensibly... 
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