ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Nov 03 06:13

State Department Denies Asian Countries Are Aligning With China, Awkward Moment Follows

Associated Press reporter Matt Lee has once again exposed the ignorance and propaganda spewing of the State Deparment as spokesman John Kirby struggled Tuesday when he debated over the number of Asian countries that are now aligning with China instead of the United States.

As The Washington Free Beacon's Jack Heretik reports, after Malaysia signed multiple new deals with China this week, including the purchase of ships and a railroad line, questions began to swirl if Malaysia was aligning more with China. The Philippines announced last month its intention to forge closer ties with China and move away from the U.S.

Nov 03 02:48

Best Performing Assets Since Rates Bottomed

Nov 02 20:57

“If He Had Any Balls” He’d Tell #NoDAPL Protesters “To Go Home” Standing Rock Tribal Leader Says of Archambault

Robert Fool Bear Sr. is a member of the Standing Rock Sioux tribe. In fact, he’s a tribal leader, serving as the district chairman of Cannon Ball, the tribal community located just a few miles from the often unlawful and sometimes violent protests against the Dakota Access Pipeline.

He says not everybody at Standing Rock is in support of the protests.

Fool Bear has had it with the protesters. He says that more than two years ago, when members of the Standing Rock Sioux Tribe could have attended hearings to make their concerns known, they didn’t care. Now, suddenly, the crowds are out of control, and he fears it’s just a matter of time before someone gets seriously hurt.
Go down to the camps, he says, and you won’t see many Standing Rock Sioux.
“It irks me. People are here from all over the world,” he says. “If they could come from other planets, I think they would.”

Nov 02 16:59

UK Credit Rating At Risk Of Downgrade, Moody’s Warns

Britain has been warned that its credit rating will be downgraded if it fails to secure access to the European Union’s single market during its upcoming Brexit negotiations.

Nov 02 14:33

Housing Profiteers

I reside in Orlando, a city laden with socio-economic facades which echo the theme park set pieces for which the city is best known – Shiny on the outside and hollow on the inside. If you tilt your head up in the downtown area, you’ll see glossy clean structures that speak to affluence, but it’s difficult to ignore the contradictions on street level where homeless swallow their pride and beg for money, which is not unlike most American cities.

Nov 02 12:17

Swing Voters Want Wall Street Reform

Nearly 70 percent of voters in four battleground states support breaking up the big banks and eliminating loopholes that favor Wall Street executives.

Webmaster's Commentary: 

That works for Trump and against Hillary!

Nov 02 11:48

United States Pipelines map - Crude Oil (petroleum) pipelines - Natural Gas pipelines - Products pipelines

The following table lists United States pipelines, as shown on the map. It is followed by the map, which you can click to see an enlarged version. The pipeline routes on the map are labeled with the codes that are explained in the table. Pipeline label codes are colored green for oil, red for gas and blue for products, such as gasoline, propane and ethylene. The diameter, length and capacity of the pipeline, if known, are shown on the table. Follow these links for current United States economic data, which include oil and natural gas production, consumption, imports and exports, and for more detailed statistics from the US Census.

Nov 02 11:40

The War Over Pipelines: Heidi Heitkamp Has Big Financial Ties To Warren Buffett

What is going on at Standing Rock is another pipeline war with Buffet and Soros up to their necks in the demos. If the pipeline goes into operation Buffet and his railroad lose billions. Soros is invested in railroads and oil in Brazil.This is about money!

After a catastrophic, but thankfully not deadly or injurious, train derailment near Casselton, North Dakota, right before the holiday the need for pipeline infrastructure has been put into sharp focus. Pipelines are, without a doubt, a safer way to transport oil. They’re not perfect – as North Dakotans saw earlier this year when a Tesoro-owned pipeline dumped about 20,000 barrels of oil on the ground near Tioga – but one thing pipelines never do is derail.

All railroads run through population centers (western society was built around the railroad), whereas pipelines tend to avoid population areas. And while oil leaking isn’t good for the environment, a leak is far less deadly than a train coming off the rails.

Nov 02 11:31

Stock Market Metric Predicts Trump Win

Stovall said in that year, Britain and France joined with Israel in a military action against Egypt over the Suez Canal. It was also the year of the Hungarian Revolution.

“This time around if the Democrats retain the White House, I will come up with two responses. One is that history is a guide but never gospel, and two, the negative performance by the market could be a reflection of the worry of domination that a Democratic sweep would bring,” said Stovall.

Nov 02 11:27

We're Not Helping Our Kids By Keeping The Deficit Down

The announcement that one agenda item for the final presidential debate would be “debt and entitlements” was not surprising. “Debt and entitlements,” linked together that way, are always on corporate media’s agenda, but though the terms are tossed around a lot, they’re rarely unpacked or explained. In place of facts, we get fear. The Chicago Tribune said if they could inject one debate question, it would be: “Secretary Clinton, Mr. Trump, you have children. Why aren’t you scared?”

Nov 02 09:46

Venezuela's Currency Disintegrates: Bolivar Plummets 20% In One Week

This spectacular chart - one which awaits every fiat currency at some point - shows how many Bolivars one USD buys: as of today it is 1,567. It was 1,222 seven days ago.

Nov 02 09:39

OBAMACARE “NEAR COLLAPSE” IN MINNESOTA AS PRICES JUMP 60% AVERAGE

Minnesota will let the health insurers in its Obamacare market raise rates by at least 50 percent next year, after the individual market there came to the brink of collapse, the state’s commerce commissioner said Friday.

The increases range from 50 percent to 67 percent, Commissioner Mike Rothman’s office said in a statement. Rothman, who regulates the state’s insurers, is an appointee under Governor Mark Dayton, a Democrat. The rate hike follows increases for this year of 14 percent to 49 percent.

“It’s in an emergency situation — we worked hard and avoided a collapse.” Rothman said in a telephone interview. “It’s a stopgap for 2017.”

Webmaster's Commentary: 

Nov 02 08:01

1912-2016: THE WORLD ON THE EDGE FOREVER

It will be after the election when Americans realize no President has had any connection to the direction or control of America since William H. Taft was defeated by election manipulation by the Wilson democrats in 1912.

2016 is a 1912 Rhyme -- After 1912 America changed forever. Then, like now, most were oblivious as the nation lost a war to invading banking psychopaths; a bloodless war, but a violent war none the less. The nation was stabbed in the heart, never to recover; Constitutional government ceded to corporate piracy, American assets turned over to banking parasites, a people stripped of Sovereignty and reality gave way to Bread and Circuses.

Nov 02 01:48

Lemmings and Republicans – Alan Ned Sabrosky

So why are so many Republican leaders doing all they can do to diminish Trump and give the election to Clinton ?

For conservatives and Republicans, a win by Hillary Clinton in November would be a catastrophe — and not just because people like Miley Cyrus and Al Sharpton would not leave the country.

It would mean continued assaults on the 1st and 2nd Amendments, especially the latter. Higher taxes and more welfare. More war — Hillary Clinton’s defense secretary-in-waiting, Michelle Flournoy, has openly said as much. And it would mean her appointment of at least one justice to the US Supreme Court, and perhaps as many as four, creating a liberal block of five to seven justices that will put its stamp on the country for a generation or more.

Nov 01 16:59

US Stock Market Action Signals A Trump Victory

The US stock market has a good track record calling presidential races. Today, it is sending information that counts against Democrat Hillary Clinton.

The performance of the S&P 500 Index has signaled the outcome of every Presidential election since Y 1984.

A gain in the benchmark for American equity in the 3 months prior to the vote has seen the incumbent party win 86% of the time since Y 1928.

Now, the benchmark is down 2.9% since 8 August with just a week until the vote on 8 November, a fact that augurs well for Donald Trump.

Nov 01 14:41

Citigroup bank chose Obama’s 2008 cabinet – WikiLeaks

The single biggest beneficiary was Citigroup, which was given $45 billion in cash in the form of a government stock purchase, plus a $306 billion government guarantee to back up its worthless mortgage-related assets.

One month before the presidential election of 2008, the giant Wall Street bank Citigroup submitted to the Obama campaign a list of its preferred candidates for cabinet positions in an Obama administration. This list corresponds almost exactly to the eventual composition of Barack Obama’s cabinet.

The memorandum, revealed by WikiLeaks in a recent document release from the email account of John Podesta, who currently serves as Hillary Clinton’s campaign chair, was written by Michael Froman, who was then an executive with Citigroup and currently serves as US trade representative. The email is dated Oct. 6, 2008 and bears the subject line “Lists.” It went to Podesta a month before he was named chairman of President-Elect Obama’s transition team.

Nov 01 11:20

Obamacare Forces Companies to Drop Workers from Private Insurance

By Eric Blair

We recently moved back to the mainland United States after ten years of traveling and living abroad. Our homeschooled kids are getting older and want more opportunities for learning, friendships, sports and entertainment.

Because the cost of living in America is significantly higher than we are used to, particularly the cost of healthcare, my wife renewed her nursing license in order to make extra income and provide our health insurance...

Nov 01 09:49

EU FINALLY GETS IT RIGHT ~~ WITH THE RIGHT TO BOYCOTT ISRAEL

The European Union recognizes the right of its citizens to boycott Israel, its top foreign policy official has said.

Nov 01 09:39

Worrying Signs in the Oil Markets

Nov 01 08:14

New Thug-like Behavior from Major Banks Becoming Norm

Since the big banks write the laws that regulate their own industry, which are then introduced and passed by their paid for and bought off congressional and senatorial “whores” in the US legislature, they clearly have the “home turf advantage,” since many of their defense lawyers spent a significant amount of time on Capitol Hill as interns and representatives actually jamming through and enacting these unfair and immoral banking laws in the first place, and are the only ones who know how to use all of the hidden and clandestine “loop-holes” in the first place.

Oct 31 17:43

"I Feel Like Pablo Escobar" - Venezuelans Resort To Weighing Cash As Hyperinflation Builds

Having thrown in the towel on hyperinflation by printing banknotes with 200-times-higher denominations, Bloomberg reports that things in Venezuela have continued to get worse with the currency now so devalued (with even simple purchases requiring so many bills) that instead of counting bills, they are weighing them.

Oct 31 14:26

Electronic Driver Log mandate survives court challenge

A federal mandate requiring nearly all U.S. truck operators to use electronic logging devices to track duty status has been upheld in court, meaning the December 18, 2017, compliance date remains effective. The ELD mandate rule, published December 2015, requires most truckers currently required to use paper logs to transition to an ELD by December 18, 2017. [Poster's note: This is yet another example of overreaching government trying to put the small businessman out of business with unnecessary, expensive and burdensome requirements.]

Oct 31 10:52

THERE IS 100% CHANCE OF A RECESSION NEXT YEAR

Oct 31 08:26

$1.3 Trln in Bad Loans Jeopardise European Banks' Profits

Stricter Basel III regulations and weak disposable incomes have resulted in European banks being unable to find a solution to their massive issue of bad loans, resulting in subdued profitability for years and decades to come.

Oct 31 07:25

Fascism Over Farmers? The Troubling Priorities of the American Government

US Foods Holding Corporation and Sysco, the two top American food distribution giants, are laying off thousands of workers. Wal-Mart is closing stores and terminating employees. As the price of eggs, beef, cheese, and almost all agricultural products have dropped, farmers across the United States are facing financial ruin.

The ongoing glut in agricultural products is not merely the natural cycle of the market at work. Policies of the US federal government are directly linked to the low food prices. While it is clear that the ongoing agricultural surplus is very bad for the US public, the government seems to have other priorities.

Webmaster's Commentary: 

I don't suppose it ever occurred to the morons in the government that they could drive food prices back up by giving the surplus food to the homeless and hungry.

Oct 31 02:40

This could lead to the biggest bubble ever

Oct 30 08:02

PM Trudeau signs free trade deal with EU

Prime Minister Justin Trudeau has finally signed Canada's free trade deal with the European Union reached after seven arduous years of negotiation.

Oct 29 21:19

FLASHBACK: Soros and the Bundy Ranch

Earthjustice is representing the Standing Rock demonstrators. Earthjustice is funded by George Soros. Black Lives Matter is present also.

A Soros-funded nonprofit New Yorker magazine called “one of the most important radical environmental groups in the country” has issued a statement denouncing the Bureau of Land Management‘s (BLM) decision to back away from a showdown with Nevada rancher Cliven Bundy and hundreds of supporters.

A scientist for The Center for Biological Diversity (CBD) blasted BLM saying the federal agency “has a sacred duty to manage our public lands in the public interest…instead it is allowing a freeloading rancher and armed thugs to seize hundreds of thousands of acres of the people’s land as their own fiefdom.”

Oct 29 15:07

After Malheur, patriot groups claim common cause with other protest movements

As I recall several days ago an Indian lady pegged 3 shots off at the cops before they arrested(not shot)her.

Supporters call Thursday's acquittal of seven Oregon refuge occupiers a victory for protest movements of all kinds, even if the affinity that patriot groups claim isn't returned by activists of other banners.

The patriot groups voiced sympathy for such diverse potential allies as the Standing Rock Sioux, who are challenging federal land use decisions in North Dakota, and Black Lives Matter activists in Baltimore, who have taken on law enforcement's abuse of authority.

Members of the patriot community recently reached out to the Standing Rock Sioux, who are opposed to a federally approved pipeline they say could harm the tribe's water supply. Authorities have arrested 142 members of the Native American coalition that is occupying private land.

Oct 29 13:01

Mid-Cap Stocks The Latest To Break Support?

Oct 29 12:41

Malaysia to buy navy vessels from China in blow to U.S.

Smart move on Malaysias' part. Cheaper,more effective and not manufactured by the Pariah State.

By Tom Allard and Joseph Sipalan | MANILA/KUALA LUMPUR
Malaysia will sign a contract to purchase Littoral Mission Ships from China when Prime Minister Najib Razak visits Beijing next week, according to a Facebook posting by the country's Ministry of Defence.

The text of a speech to be delivered by Malaysian defense minister Hishammuddin Hussein was posted on Facebook on Tuesday, but was later removed after Reuters asked a defense ministry spokesman for comment.

Oct 29 08:56

VENEZUELA THROWS IN THE TOWEL ON HYPERINFLATION: WILL PRINT 200X HIGHER-DENOMINATED BILLS

While several years ago it was perhaps debatable in polite society that Venezuela’s socialist economy would collapse ultimately unleashing hyperinflation, any doubt was put to rest early this year when the IMF’s own inflationary forecast confirmed as much.

However, while the international community had long accepted the inevitable fate of Maduro’s socialist paradise, the local government sternly refused to admit reality and to avoid confirming what the local population already knew, it insisted on keeping the highest denomination bill in circulation at 100 bolivars, whose worth is approximately 8 cents on the black market, turning the most basic transactions into logistical nightmares and saddling banks with crippling money-handling costs. Economists and central bank employees say Mr. Maduro didn’t want to acknowledge the country’s inflation problem by printing bigger notes.

Webmaster's Commentary: 

I don't know what the Vegas odds are of this government just falling apart at the seams, and how soon, but it looks like simply a matter of time before Maduro gets thrown under the proverbial bus for the financial woes Venezuela is experiencing.

And let us not forget the US government's involvement in this. Last March, President Obama renewed sanctions on the country, via executive order, and characterising it as "a threat to National security."

Obama extends order declaring Venezuela a national security threat

And one almost has to shake one's head at the reasons given for this, considering the "No-fly" zone the FAA has just imposed on a certain area of North Dakota, to prevent any press whatsoever from reporting what is going on here in terms of the Standing Sioux's protest against a proposed pipeline here. The article goes on to say:

"In renewing the order, the president mentioned the same list of abuses cited last year: persecution of political opponents, curtailment of press freedoms, use of violence and human rights violations."

This EO now appears hysterically hypocritical and ironic, in light of current events in this country.

Oct 29 08:00

How HUD Makes Lousy Programs Look Great

By John Anthony

When federal agencies promote programs, like Affirmatively Furthering Fair Housing, or Common Core they conduct sophisticated and often deceptive marketing campaigns that cover up their downsides.

Flowery slogans like, “transportation options are fundamental to having a shot at the American Dream,” and “Economic diversity is the path to better outcomes for all American children,” may sound moving. The truth about the programs is often disturbing...

Oct 28 16:43

ECRI's Lakshman: Fed on a Collision Course

Oct 28 14:43

BOMBSHELL! Trump Announces FBI Reopening Of Clinton Email Investigation!!!

Seems that the swamp is going to be drained. Trump announces FBI reopening Clinton Email Investigation! Trump says maybe the FBI is actually going to do the right thing after all!

What do you think about the FBI re-opening their investigation into Hillary Clinton’s illegal emails?

Oct 28 14:38

Morning Joe Destroys Corrupt Clinton Foundation (Laughable) “Total Corruption”

'Pay for Play' and 'Quid Pro Quo' 'Shut Down The Foundation'

Inside the Clinton’s Foundation and Personal Gains

They are bragging that they can shake down foundation clients, for Bill Clinton money…This is sleazy… Joe Scarborough.

Oct 28 14:34

Woodward On Clinton Foundation “It’s Corrupt”

He’s correct: The Clinton Foundation is corrupt, and voters should be troubled by Clinton’s role in the unethical pay-for-play scandals.

Voters have been concerned about Democrat presidential nominee Hillary Clinton’s involvement in the scandal-ridden Clinton Foundation.

Liberal journalist Bob Woodward legitimized those concerns Sunday on Fox News by pointing to the Foundation’s “pay-for-play” scandals while Clinton served as secretary of state as something that should trouble voters.

Oct 28 12:27

Moody's Warns Deutsche Bank Is Dangerously Close To Falling Below Its "Default Point"

Moody’s Capital Markets Research issued a damning verdict on Deutsche Bank earlier this week. In a research report put together by the credit agency’s ‘Analytics’ research division, Moody’s analysts write that Deutsche Bank expected default frequency remains at one of the highest levels in the banking industry, despite the bank’s efforts to shore up its capital position.

Webmaster's Commentary: 

Duutsche Bank's very fragile situation is "the canary in the coal mine" here; if it goes down, it will bring the world banking system down with it, including trillions in derivatives.

Oct 28 10:02

How Will the Outcome of the Election Affect Wall Street?

Mike Gleason: Well, Michael the U.S. presidential election is now in the homestretch as we’re less than two weeks away from November 8. Now it looks like one of the more likely outcomes in the election will involve Hillary winning and Trump immediately contesting her victory. Do you think this will be the election outcome and also do you think there will be evidence of widespread voter fraud?

Oct 28 09:39

Apple just had its first annual revenue decline since 2001

For the first time since 2001, Apple's annual revenue has declined year over year, falling from $233.7 billion in 2015 to $215.6 billion in the 2016 fiscal year. That 7.7 percent decline marks the first annual revenue drop since 2001, largely due to the continued decline in iPhone sales, down 5 percent year over year.

Oct 28 07:27

More Than 1/4 Trillion In New Debt In 30 Days

Oct 28 05:59

London Real Estate Prices Are Crashing

... And the easiest way to confirm it, is to look at recent (and not so recent) home listings in Kensington and Chelsea, where we find something stunning: out of 130 pages of adverts, with 15 ads per page, nearly half of all properties, or 53 of the pages show price reductions.

Oct 27 22:53

We Now Have Proof Obamacare Was Designed to Fail... and Here's Why

The oligarchy runs our society with Problem - Reaction - Solution. If anything, these leaks have proven beyond a shadow of a doubt that the two-party system is an illusion and the whole construct is one huge pay-for-play corporate sham. Obamacare was always meant to destroy the private health care system and usher in single-payer, government run socialist medicine. It was designed that way... and it's "working".

Oct 27 17:10

Inflation in 2017 Ticking Time Bomb!

Oct 27 11:08

Failed weapons systems cost Pentagon $58 billion over two decades

The Pentagon loves to throw good money after bad ? to the tune of nearly $60 billion on failed big-ticket weapons systems over the last two decades, according to a new internal Department of Defense review.

From the Army’s Future Combat Systems (FCS) that focused on fighting the last war to its RAH-66 Comanche stealth helicopters that never quite got off the ground, between 1997 and October 2016, the Pentagon invested $58 billion on weapons technology it never received. That doesn’t include the boondoggle that is the F-35 jet, which was finally declared“ready for combat” at the beginning of August.

Oct 27 10:07

GOLDMAN SACHS ENDORSES HILLARY CLINTON FOR PRESIDENT

He’s with her. On Sunday, former Secretary of State Hillary Clinton earned the endorsement of Goldman Sachs CEO Lloyd Blankfein—an endorsement she had been working toward for years.
As was revealed by Wikileaks, Hillary Clinton spent the run up to her presidential campaign giving speeches to Goldman Sachs and other Wall Street banks, where she praised their talents and explained her positions on financial regulation.

On October 24, 2013, Clinton told Goldman Sachs that Dodd-Frank had to be done mostly for “political reasons” because Congress needed to look like it was doing something about the crisis. She said, “There’s nothing magic about regulations, too much is bad, too little is bad. How do you get to the golden key, how do we figure out what works? And the people that know the industry better than anybody are the people who work in the industry.”

Webmaster's Commentary: 

Imagine my (absolute absence of) surprise here.

The elite rarely eat their own; the financial industry will definitely fall in line here, because it collectively understands that the wars she will generate if/when she steals the election, will generate enormous profits for it.

Oct 27 09:02

ObamaCare Is Sick, And Getting Sicker, Report Finds

But to work, ObamaCare had to also bring in more young and healthy people to offset the costs of the older and sicker and keep insurance premiums down. Otherwise, the market would enter into a "death spiral," in which higher premiums drive more healthy people out of the market, pushing rates up still further.

That was precisely what happened in several states that had already experimented with ObamaCare-style insurance reforms. And it's why ObamaCare included an individual mandate and the sizable penalty for not signing up.

It's clearly not working as promised. Enrollment data released by the administration in early March shows that just 28% of ObamaCare enrollees are 18-34 years old. That's the same share as in ObamaCare's first year, despite a huge increase in the penalty for not having insurance.

Oct 27 06:28

Hillary Campaign Smears NYC Mayor as a “Terrorist” For Refusing Endorsement – WikiLeaks Podesta Emai

De Blasio Attacked as being a "Terrorist" by Hillary Campaign Because He Supported Bernie's Position on Income Inequality

In a Podesta leak published in the 17th batch of emails by WikiLeaks, Hillary staffer's discuss bringing New York City Mayor Bill de Blasio on board with the campaign.

However, like Al Gore before him, De Blasio refused to endorse because Hillary wouldn't stand up against income inequality.

De Blasio's refusal results in a series of emails in which he is smeared as terrrist "Terrorist" that "clearly wants to terrorize."

As everyone in the NYC metro area knows there has been a relentless smear campaign against De Blasio and these emails appear to reveal the reason why.

Oct 27 05:20

What Is Really Going to Happen After AI Destroys All the Jobs – Massive Depopulation!

The future of employment is under threat by the rise of AI and robots in the workforce. Watch free on Prime

Governments are promising "Universal Basic Income" and welfare to a coming age of unemployment... but the truth is that the elite really don't want so many of us around. Can we avoid our own obsolescence?


Please help Truthstream Media's first official documentary – watch it for free on Amazon Prime, and please share with anyone you think might benefit.

Oct 26 21:25

Judge dismisses Oregon ranching standoff juror

Usually federal juries aren't out very long even in a case like this. Maybe not a slam dunk.
Maybe the word on Hillary's Uranium deal with the Russian Company is getting out. Maybe.

A judge overseeing the trial of seven defendants who took over a federal wildlife refuge in Oregon has dismissed a juror after questions arose about his impartiality during deliberations.

Brown says the juror is a man who worked for the Bureau of Land Management twenty years ago.

Oct 26 20:59

Hillary Campaign Smears NYC Mayor as a “Terrorist” For Refusing Endorsement - WikiLeaks Podesta Email

De Blasio Attacked as being a "Terrorist" by Hillary Campaign Because He Supported Bernie's Position on Income Inequality

In a Podesta leak published in the 17th batch of emails by WikiLeaks, Hillary staffer's discuss bringing New York City Mayor Bill de Blasio on board with the campaign

However, like Al Gore before him, De Blasio refuses to endorse Hillary because in De Blasio's case Hillary would stand up against income inequality.

De Blasio's refusal to endorse Hillary results in a series of private emails in which he is called a "Terrorist" that "clearly wants to terrorize" and, as everyone in the NYC metro area knows, and relentless smear campaign against him.

Oct 26 16:39

Bank of Canada Commentary Whipsaws Loonie

Oct 26 15:22

Squeaky bum time for Apple: It hasn’t made enough iPhone 7 Pluses

anta may have an empty sack this Christmas, crushing the dreams of fanbois (and fanfilles). Apple admitted yesterday it was unable to meet the demand for its iPhone 7.

Six weeks after the launch, Apple’s own online store is still showing long delays for several configurations of the iPhone 7. These will continue into December, meaning Apple can’t capitalise on the dismay with Samsung, which has had to recall 7 million flagship phablets for safety reasons.

Oct 26 15:16

Bank of England Asks UK Banks To Detail Their Exposure To Deutsche And Italian Banks

In what may or may not be a coincidence, just hours after Bloomberg reported that DB launched a probe into whether it "misstated" derivatives, moments ago the FT reported that the Bank of England is seeking details from large British banks on their current exposure to Deutsche Bank and some of the biggest Italian banks, including Monte dei Paschi, "amid mounting market jitters over the health of Europe’s financial sector."

Oct 26 14:06

EBae: 21yo Woman Auctions Off Virginity To Help Cash-Strapped Family

In hard times, it’s not unusual for young people to sell off items of value to make money. But instead of selling old clothes on eBay, Katherine Stone is selling off a hotter commodity – her virginity. So far, the highest bidder has offered $400,000.

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