Banking System – The European Union Times ⚡ Shocking Hidden News Reports ⚡ https://www.eutimes.net We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Fri, 05 Oct 2012 12:39:02 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.3 Vince Cable: UK Economy is in Deep Crisis https://www.eutimes.net/2012/10/vince-cable-uk-economy-is-in-deep-crisis/ https://www.eutimes.net/2012/10/vince-cable-uk-economy-is-in-deep-crisis/#comments Fri, 05 Oct 2012 12:39:02 +0000 http://www.eutimes.net/?p=23796 The British Business Secretary Vince Cable says the UK economy is currently “in a very deep crisis”. Cable told the state-run BBC that it is “very difficult” to predict when the UK economy would recover from the recession and resume growth. Meanwhile, the Markit/Cips purchasing managers’ index (PMI) for services found that growth in the […]

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Super-rich stash $21 trillion in offshore havens https://www.eutimes.net/2012/07/super-rich-stash-21-trillion-in-offshore-havens/ https://www.eutimes.net/2012/07/super-rich-stash-21-trillion-in-offshore-havens/#respond Tue, 24 Jul 2012 21:23:19 +0000 http://www.eutimes.net/?p=22486 Wealthy tax evaders, aided by private banks have exploited loopholes in tax legislation and stashed over $21 tn in offshore funds, says a report. The capital drained from some developing countries since 1970 would be enough to pay off national debts. ­The findings show the gap between the haves and the have-nots is much larger […]

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US Debt Suicide Warned Near As Japan Enters Global Currency War https://www.eutimes.net/2012/05/us-debt-suicide-warned-near-as-japan-enters-global-currency-war/ https://www.eutimes.net/2012/05/us-debt-suicide-warned-near-as-japan-enters-global-currency-war/#comments Fri, 04 May 2012 07:58:18 +0000 http://www.eutimes.net/?p=21160 A grim Ministry of Finance report circulating in the Kremlin today states that the shocking record rise this past week of the United States outstanding debt to $15.692 trillion (just $600 billion short of their debt ceiling) has pushed the world’s most powerful economy into a situation of its outstanding obligations now being 101.5% of […]

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Australian Banks Given One Week To Prepare For European Meltdown https://www.eutimes.net/2011/12/australian-banks-given-one-week-to-prepare-for-european-meltdown/ https://www.eutimes.net/2011/12/australian-banks-given-one-week-to-prepare-for-european-meltdown/#comments Wed, 21 Dec 2011 11:33:14 +0000 http://www.eutimes.net/?p=18935 Whereas previously we had heard extensive horror stories about banks being told to prepare for the end of the world in case the European summit (the latest and greatest one from last Friday which was supposed to find a cure for cancer among other things) failed, and even went so far as to read about […]

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UK 'disappointment' as Iceland rejects repayment deal https://www.eutimes.net/2011/04/uk-disappointment-as-iceland-rejects-repayment-deal/ https://www.eutimes.net/2011/04/uk-disappointment-as-iceland-rejects-repayment-deal/#comments Sun, 10 Apr 2011 14:30:20 +0000 http://www.eutimes.net/?p=13525 If the referendum would have passed, Iceland’s total population of 318.452 had to pay $5.8 billion in bailout, which means every Icelander would have been forced to pay $18.213, including new born babies, elders and crippled. It’s amazing only 58% voted against the bailout and not 98%. Icelanders have rejected the latest plan to repay […]

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