French bank Credit Agricole was accused by Washington of dealing with countries under US embargo and processing financial transactions for Sudan, Cuba and Iran through the United States. Several bank employees responsible for the transactions have already been fired, media reported. The bank agreed to pay $800 million in fines for the illegal financial transactions carried out in the period from 2003... 

Mass anti-government protests organized by the civic platform Dignity and Truth (DA), began in the Moldovan capital of Chisinau Sunday. Since September 5, protesters in Chisinau have been demanding the resignation of the Moldovan government and the chief prosecutor, while also calling for early parliamentary elections and a prompt action to tackle corruption in the country. “Today we are going... 

A curious Ministry of Finance (MoF) report circulating in the Kremlin today says that the Central Bank of Russia (CBR) has “accepted for protection” 3 million ounces of gold worth over $3.5 billon from US banking and financial services giant Citigroup along with a further nearly $100 billion in cash. According to this report, 1.4 million ounces of this now protected gold in the vaults of the CBR... 

Banks made an additional 1.28 trillion yuan worth of loans to China in June. Things are not looking for for China. It seems like Beijing has averted a crisis as far as their stock markets are concerned with some heavy-handed intervention. But their corporate debt has already reached $ 16.1 trillion and is still rising. Their corporate debt is currently at 160% of their GDP and that is twice as much... 

The Greek Finance Ministry says it is has started payment of €6.8 billion to creditors after last week’s €86 billion bailout deal was adopted. Banks in Greece have reopened three weeks after the introduction of capital controls. The payments announced on Monday include money owed to the ECB, the IMF and Greece’s central bank, a Finance Ministry official told Bloomberg, who preferred to stay... 

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... 

Nothing comes closer to the stereotypical, secretive group determining the fate of over 7 billion people, than the Bank of International Settlements. Over the centuries there have been many stories, some based on loose facts, others based on hearsay, conjecture, speculation and outright lies, about groups of people who “control the world.” Some of these are partially accurate, others are wildly... 

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... 

An American author and columnist says the United States wants to start a third world war because most of its big banks are insolvent. Dean Henderson with the Veterans Today made the remarks in a phone interview with Press TV on Monday as he commented on recent remarks made by White House Deputy National Security Advisor for Strategic Communications Ben Rhodes who said “stronger” European sanctions... 

The Prime Minister of Bulgaria Plamen Oresharski has resigned his post. His decision came after accusations by opponents of failing to cope with the worst banking crisis in 17 years. The decision was supported by 180 lawmakers in the parliament, only 8 voted against, and 8 abstained, reports Bloomberg. The Oresharski government lasted for only 16 months of the 4 years it was elected for. New elections... 

China is calling on banks to stop using IBM servers and replace them with local-made machines amid fears that the nation’s financial security might be compromised via the US-based company’s servers, a Bloomberg report has revealed. The new request comes amid an intensified spy scandal between China and the US. The People’s Bank of China and the Ministry of Finance have been asking banks to suspend... 

With Switzerland and Singapore joining 47 countries that have agreed to share data and tax information, tax evaders are likely to move to what is currently considered emerging frontier markets, Mike Ingram, market strategist from BGC Partners, told RT. On May 6, 34 members of the Organization for Economic Cooperation and Development (OECD) and 13 other countries signed a groundbreaking agreement on... 

Many see German policy in the European Union as a forceful advancement of Germany’s interests at the expense of other countries – EU members. There are even suspicions that the crisis in the EU is a project of Germany designed to secure the economic recovery (the European Commission even started an investigation). Berlin is not going to stop in its plans. In late 2013 the European Commission... 

A grim report circulating in the Kremlin today prepared the by the Main Intelligence Directorate (GRU) of the Ministry of Defense is warning that the assassinations this past week of three top Western bankers coincide with Snowden Documents detailing a 15 February 2014 “catastrophe” being engineered by the Obama regime in order to establish some type of “new world economic order” prior to... 

Fears of bank runs have escalated with the news that Russian lender ‘My Bank’ has banned all cash withdrawals until next week. “Bloomberg reports that ‘My Bank’ – one of Russia’s top 200 lenders by assets – has introduced a complete ban on cash withdrawals until next week. While the Ruble has been losing ground rapidly recently, we suspect few have been expecting bank runs in Russia....