tn moved

tn moved

Thursday, 27 March 2014

March 27, 2014: News Updates

 BOE to Sign Agreement With China on Yuan Clearing Next Week

By Lyubov Pronina Mar 26, 2014 5:15 PM GMT+0000
The Bank of England and People’s Bank of China plan to sign an agreement next week to enable the clearing and settlement of yuan transactions in London as the U.K. seeks to become an offshore hub for trading the currency.

Crete Protests Against Syria’s Chemicals Weapons Disposal in Mediterranean Sea

March 24, 2014
Over 5000 Cretans from every corner of the island flooded Arkadi Sunday, March 23, to rally against the destruction of Syria’s chemical weapons in the Mediterranean Sea.
The most contentious part of the project, includes a plan to neutralize some 20 tons of mustard gas and neurotoxic agents in international waters between Gavdos, a tiny island off the shore of Crete, and Malta, on board a 648-foot U.S vessel acting as a mobile station for destroying chemical weapons.

 March 26, 2014, 6:20 p.m. EDT

Citi, four other banks see capital plan rejected by Fed

‘Needless to say, we are deeply disappointed by the Fed’s decision,’ CEO says

Obama says 'bigger nations cannot simply bully smaller ones'. Wait... what?

UN Gen Assembly adopts resolution backing Ukraine's territorial integrity

Published time: March 27, 2014
 One hundred UN member countries voted in favor of the resolution, while 11 voted against and 58 abstained. The resolution is non-binding.
Armenia, Belarus, Bolivia, Cuba, North Korea, Nicaragua, Russia, Sudan, Syria, Venezuela and Zimbabwe were the nations, which said ‘no’ the UN resolution.

 Greece Said to Be in Line for 8.3 Billion-Euro Rescue Payment

By Rebecca Christie, Nikos Chrysoloras and Sandrine Rastello Mar 27, 2014
Greece is set to receive a commitment from euro-region authorities as soon as mid-April for a payment of 8.3 billion euros ($11.4 billion) in the next step in the country’s aid program, three officials familiar with the negotiations said.

 Ukraine Unlocks $27 Billion International Aid Deal

By Daryna Krasnolutska and Daria Marchak Mar 27, 2014 12:34 PM GMT+0000
Ukraine reached a preliminary deal with the International Monetary Fund to unlock $27 billion of international support to avert default and limit economic damage from a four-month political crisis. Bonds and stocks gained.

Ukraine Parliament Rejects IMF's Bailout Terms (As US Passes Ukraine Aid Bill)

mar 27 14
The US Senate is more than happy to hand over a few billion and confirm sanctions:


But, it seems the IMF's requirements for Ukraine's bailout are too much for the locals to bear:


Lawmakers will continue to work on the bill as it seems they approve the top-line budget but not the taxes required to get there... beggars can be choosers again maybe?

Turkey Blocks YouTube After New Audio Leaks

March 27, 2014
The Turkish national telecoms authority, Telecommunication Presidency (TİB) sent an order to all internet service providers and told them to block access to Youtube from Turkey today. This decision was been made right after Prime Minister Erdoğan said “Youtube is behind Twitter!”

Kirch suits prompt new probe, raid of Deutsche HQ, Bloomberg says

March 25, 2014 10:18 AM
Prosecutors are now investigating Deutsche Bank employees and attorneys who represented the bank and the bank's Frankfurt headquarters was raided as part of the new probe into fraud allegations, reported Bloomberg.;_ylt=A0LEV1NobzNT5mAASRVXNyoA;_ylu=X3oDMTB0Mjk3b2U1BHNlYwNzYwRjb2xvA2JmMQR2dGlkA1NNRTI4OF8x

German Prosecutors Add Board Member Stephan Leithner to Deutsche Bank Probe

IB TimesBy M Rochan | IB Times – 21 hours ago

German prosecutors, probing whether Deutsche Bank employees gave misleading evidence in the civil lawsuit brought by the heirs of late media mogul Leo Kirch, have expanded their investigation to include a second bank board member.

Document: JPMorgan Chase Bets $10.4 Billion on the Early Death of Workers

Families of young JPMorgan Chase workers who have experienced tragic deaths over the past four months, have been kept in the dark on many details, including the fact that the bank most likely held a life insurance policy on their loved one – payable to itself. Banks in the U.S., as well as other corporations, are allowed to make multi-billion dollar wagers that their profits from life insurance policies on employees will outstrip the cost of paying premiums and other fees. Early deaths help those wagers pay off.

Ex-Washington Post exec found dead at hot-spot

A former vice president of The Washington Post was found dead on the floor at a Hell’s Kitchen hot spot, surrounded by a needle, a pipe and pills, sources said.

Bill 4 Passes: B.C. Parks Now Officially Open…To Pipelines and Drilling

A little-known Bill, the Park Amendment Act, that will drastically alter the management of B.C. parks is set to become law today, creating controversy among the province’s most prominent environmental and conservation organizations. The passage of Bill 4 will make way for industrial incursions into provincial parklands including energy extraction, construction of pipelines and industry-led research.

UK threatened to shut down Guardian for printing Snowden leaks

Obama, Pope Francis meet for first time

ABC, CBS, CNN, FOX, NBC All Want Your Chemtrail Photos

Paraguayans hold nationwide strike