Russian Money Fled Cyprus as President Fumbled Bailout

Elite Russian Money Fled Cyprus as President Fumbled Bailout



As if Russian Elite would allow their money to be forcefully stolen from their bank accounts. While the Western Elite go after your bank account, the Eastern Elite go after you and your families lives. Source: http://www.reuters.com/article/2013/0...

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No one knows exactly how much money has left Cyprus' banks, or where it has gone. The two banks at the centre of the crisis - Cyprus Popular Bank, also known as Laiki, and Bank of Cyprus - have units in London which remained open throughout the week and placed no limits on withdrawals. Bank of Cyprus also owns 80 percent of Russia's Uniastrum Bank, which put no restrictions on withdrawals in Russia. Russians were among Cypriot banks' largest depositors.

While ordinary Cypriots queued at ATM machines to withdraw a few hundred euros as credit card transactions stopped, other depositors used an array of techniques to access their money. Companies that had to meet margin calls to avoid defaulting on deals were granted funds. Transfers for trade in humanitarian products, medicines and jet fuel were allowed. Chris Pavlou, who was vice chairman of Laiki until Friday, said while some money was withdrawn over a period of several days it was in the order of millions of euros, not billions. German Finance Minister Wolfgang Schaeuble said the bank closure had limited capital flight but that the ECB was looking closely at the issue. He declined to provide figures. EUR USD Gold and silver effect.

How The Rich & The Corporations use Tax Havens to avoid Taxes

"Where do multinationals pay taxes and how much?" Gaining insight from international tax experts, Backlight director Marije Meerman ('Quants' & 'Money & Speed'), takes a look at tax havens, the people who live there and the routes along which tax is avoided globally. Those routes go by resounding names like 'Cayman Special', 'Double Irish', and 'Dutch Sandwich'. A financial world operates in the shadows surrounded by a high level of secrecy. A place where sizeable capital streams travel the world at the speed of light and avoid paying tax. The Tax Free Tour is an economic thriller mapping the systemic risk for governments and citizens alike. Is this the price we have to pay for globalised capitalism? At the same time, the free online game "Taxodus" by Femke Herregraven is launched. In the game, the player can select the profile of a multinational and look for the global route to pay as little tax as possible.

Michael Rivero vs Michael Savage over Israel

Michael Rivero Rebukes Michael Savage , Plus more on China & Russia making deals, economic collapse underway, gun control, and Mayor Bloomberg of NYC. Air date 3-25-2013, 2nd hour : Sensational emotion is driven by human action or the objective form of reality, as well human perception and action is based on their environment or surroundings. Perfect example is the Jewish people always brings backed the Holocaust or the invasion of Ancient Israel but they become the mirror of the actions of their enemy.

Alex Jones Show: Monday (3-25-13) Joel Skousen

On the Monday, March 25 edition of the Alex Jones Show, Alex breaks down the looming financial crisis as the government of Cyprus has agreed to a plan cooked up by international banksters to steal the money of depositors in exchange for a 10 billion euro bailout of the Mediterranean island's busted banking system. Alex also talks about a new ammo purchase at the Department of Homeland Security and the latest developments brewing in Congress as the government steps up its war against the Second Amendment. On today's show, Alex talks with author and the founder and chief editor of World Affairs Brief, Joel Skousen, about the slow motion financial melt down. Alex also takes your calls on today's worldwide broadcast.

Peter Schiff - America the next Greece?

Peter Schiff - America the next Greece?

Odious debt, is the national debt incurred by a regime for purposes that do not serve the best interests of the nation, and should not be enforceable. Such debts are, thus, considered by this doctrine to be personal debts of the regime that incurred them and not debts of the state.

Peter Schiff President & Chief Global Strategist Peter is one of the few investment advisors to have correctly called the current bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts of the mortgage meltdown, credit crunch, and decoupling of commodities, precious metals, and foreign markets from the U.S. dollar, he has become a sought-after economic commentator on a range of investment topics. Peter delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, L.A. Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting a weekly radio show. As an author, he has written four bestselling books, including his latest: " Crash Proof 2.0: How to Profit from the Economic Collapse" and "How an Economy Grows and Why It Crashes".