Transpicuous News Midweek Report: Greece & Russia and the Blizzard that wasn't

Welcome to Transpicuous News Midweek Report, Wed January 28th, 2014

The opening few days this week certainly didn't disappoint in the realms of "exciting news".  From Syriza winning in Greece and oh the fun that began from the moment it was announced, to the mystery of the blizzard that wasn't, to Russian maneuvering, Ukrainian conscription, Chinese Pegs, and mysterious manipulation of a couple of interesting stocks in the markets.

Oh the fun I had this week.... even if sleep was lacking.

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China’s complicity in building the Rockefeller New World Order, in their own words…
http://redefininggod.com/2014/11/chinas-complicity-in-building-the-rockefeller-new-world-order-in-their-own-words/

Down-to-earth holy leader: 12 reasons why Pope Francis is cool
http://rt.com/news/225239-pope-francis-cool-list/

Gunmen kidnap Libyan deputy foreign minister
http://uk.reuters.com/article/2015/01/25/uk-libya-security-idUKKBN0KY0MR20150125

Huge power failure in Pakistan causes blackout leaving 80% of country without electricity
http://www.independent.co.uk/news/world/asia/huge-power-failure-in-pakistan-causes-blackout-leaving-80-of-country-without-electricity-10001449.html

Get ready for negative interest rates in the US
http://mises.ca/posts/blog/get-ready-for-negative-interest-rates-in-the-us/

Greece election - Live coverage
http://www.theguardian.com/world/live/2015/jan/25/greek-election-syriza-confident-of-victory-live-updates

U.S. Drone Kills 3 Qaeda Operatives in Yemen, Continuing Policy on Strikes
http://www.nytimes.com/2015/01/27/world/middleeast/cia-drone-yemen-qaeda.html?_r=0

Facebook, Instagram go down globally, internet freaks out
http://rt.com/news/226535-facebook-instagram-down-websites/

Giant asteroid that whizzed past Earth has its own moon
http://rt.com/news/226499-asteroid-bl86-earth-moon/

Putin: Ukraine army is NATO legion aimed at restraining Russia
http://rt.com/news/226319-putin-nato-russia-ukraine/

Justice Dept spying on millions of US drivers - report
http://rt.com/usa/226483-justice-department-cars-surveillance/

‘If they can do it in Greece, we can do it here!’ British left stage Greek embassy demo
http://rt.com/uk/226367-greece-anti-austerity-vigil/

‘If they can do it in Greece, we can do it here!’ British left stage Greek embassy demo
http://rt.com/uk/226367-greece-anti-austerity-vigil/

S&P downgrades Russia's credit rating to junk
http://rt.com/business/226435-standard-poors-rating-junk/

Libya gunmen attack Corinthia Hotel in Tripoli
http://www.bbc.com/news/world-africa-31001094

The victory of Syriza in Greece 'bad news for Israel'
http://ejpress.org/index.php?option=com_content&view=article&id=51411&catid=19

Yemen crisis: Houthi rebels release presidential aide
http://www.bbc.com/news/world-middle-east-31009354

At least three killed after U.N. troops in Mali fire at protest
http://www.reuters.com/article/2015/01/27/us-mali-un-protests-idUSKBN0L01FU20150127

4 beheaded in Saudi Arabia less than a week into King Salman's rule
http://rt.com/news/226867-executions-saudi-arabia-king/

Israel launches airstrikes on Syria following rocket attack, ‘red line’ warning from Iran
http://rt.com/news/226871-israel-syria-airstrike-iran/

New Greek govt furious over EU 'unequivocal' anti-Russia statement
http://rt.com/news/226947-greece-russia-statement-ukraine/

U.S., Europe Threaten New Sanctions Against Moscow
http://www.wsj.com/articles/u-s-europe-threaten-new-sanctions-against-moscow-1422210935

UK government threatening charities for criticism’
http://www.presstv.ir/Detail/2015/01/28/395057/UK-threatening-charities-for-criticism

Charities told to keep quiet or lose government contracts
http://www.independentaction.net/2015/01/23/charities-told-to-keep-quiet-or-lose-government-contracts/

Gift gaffe: UK minister accidentally hands 'death omen' to Taiwan mayor
http://rt.com/uk/226763-transport-minister-taiwan-death/

Putin: Those who rewrite history attempt to hide own disgrace
http://rt.com/politics/226707-russia-putin-auschwitz-history/

New sanctions against Russia are economic blackmail - Kremlin
http://rt.com/politics/226259-russia-ukraine-dialogue-peskov/

Kiev used barrier squads to prevent troops from retreating – E. Ukraine militia
http://rt.com/news/226831-ukraine-barrier-troops-donetsk/

Probe after 11 die in NATO training jet crash in Spain
http://news.yahoo.com/ninth-french-national-dies-f-16-jet-crash-103247065.html

CNN De La Rue stocks up 512% jan 27
http://money.cnn.com/data/world_markets/europe/
http://www.bloomberg.com/research/stocks/snapshot/snapshot.asp?ticker=DLUEY
http://data.cnbc.com/quotes/DLUEY.PK/tab/2
http://www.delarue.com/investors/our-share-price/share-price-chart.aspx

18 ships and commercial vessels loaded with commercial shipments arrive Iraqi ports
https://www.zawya.com/story/18_ships_and_commercial_vessels_loaded_with_commercial_shipments_arrive_Iraqi_ports-ZAWYA20150127053759/

България подготвя войска за Украйна.27.01.2015 г.
Bulgaria prepares troops for Ukrayna.27.01.2015 on
http://www.ataka.tv/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE/%D0%B1%D1%8A%D0%BB%D0%B3%D0%B0%D1%80%D0%B8%D1%8F-%D0%BF%D0%BE%D0%B4%D0%B3%D0%BE%D1%82%D0%B2%D1%8F-%D0%B2%D0%BE%D0%B9%D1%81%D0%BA%D0%B0-%D0%B7%D0%B0-%D1%83%D0%BA%D1%80%D0%B0%D0%B9%D0%BD%D0%B0-%D0%B3-c8810.html

Bulgarian Village in Ukraine Kicks out Military Recruiters (Video)
http://russia-insider.com/en/2015/01/28/2859

As Seen On The Streets Of Manhattan Today
http://www.zerohedge.com/news/2015-01-27/seen-streets-manhattan

U.S. trade official says Treasury taking lead on currency manipulation
http://www.reuters.com/article/2015/01/27/us-usa-trade-currency-idUSKBN0L021W20150127

Greek Stocks Crash, Bonds Plummet, Banks Have Worst Day Ever
http://www.zerohedge.com/news/2015-01-28/greek-stocks-crash-bonds-plummet-banks-have-worst-day-ever

Thousands protest in Kosovo capital after 'savages' slur
http://www.bbc.com/news/world-europe-30972145

€1.1tn European quantitative easing announcement sends Russian stocks, ruble surging
http://www.bne.eu/content/story/eu11tn-european-quantitative-easing-announcement-sends-russian-stocks-ruble-surging

European anti-terror plan wants 42 pieces of data from air travelers
http://rt.com/news/226963-europe-airlines-terrorism-data/

Online army: Ukraine seeks to recruit bloggers for ‘truth-telling’ crusade
http://rt.com/news/226975-ukraine-internet-web-army/

Iran, Russia to create ‘joint bank’ for trade in national currencies – ambassador
http://rt.com/business/226875-russia-iran-currencies-trade/


‘Tehran, Moscow see possible visa-free regime’
http://www.presstv.ir/Detail/2015/01/28/395143/Iran

Second FOX News Suicide in Two Months: Employee Shoots Himself in Front of NYC Head Office
http://21stcenturywire.com/2015/01/26/second-fox-news-suicide-in-two-months-employee-shoots-himself-in-front-of-nyc-head-office/

CNN-Bank of Cyprus PCL     25.07     +5471.11%
http://money.cnn.com/data/world_markets/americas/
not found:
http://money.cnn.com/quote/quote.html?symb=BACPY

cnn Chugai Pharmaceutical Co.
http://money.cnn.com/quote/quote.html?symb=CHGCY
http://en.wikipedia.org/wiki/Chugai_Pharmaceutical_Co.
http://en.wikipedia.org/wiki/Hoffmann-La_Roche
http://www.gsk.com/en-gb/media/press-releases/2015/major-milestone-for-gsknih-candidate-ebola-vaccine-as-first-doses-shipped-to-liberia-for-use-in-phase-iii-clinical-trial/

Russia May Condemn "Annexation" Of East Germany
http://www.zerohedge.com/news/2015-01-28/russia-may-condemn-annexation-east-germany

Canada Just "Revised" All Of Its 2014 Job Gains 35% Lower
http://www.zerohedge.com/news/2015-01-28/canada-just-revised-its-2014-job-gains-35-lower

National Weather Service apologizes for blizzard forecast miss
http://www.cbsnews.com/videos/national-weather-service-apologizes-for-blizzard-forecast-miss/

January 31, 2014 Financial News Notes

China e-investing sparks ‘rate war’ with banks

Bank executive speaks of ‘all-out counterattack’

By Zhang Yuzhe and Liu Zhuozhe

BEIJING ( Caixin Online ) — Many big banks in the country have moved to offer the highest possible interest rates for deposits, despite the central bank’s advice they not do this.

http://www.marketwatch.com/story/china-e-investing-sparks-rate-war-with-banks-2014-01-31?siteid=rss

 Rajan Warns of Policy Breakdown as Emerging Markets Fall

By Kartik Goyal Jan 31, 2014 1:32 PM GMT+0100

Jan. 30 (Bloomberg) -- India central bank Governor Raghuram Rajan talks with Bloomberg TV India's Vivek Law in Mumbai about interest rates, fund outflows, the rupee and global monetary policy coordination. (Source: Bloomberg TV India)
India central bank Governor Raghuram Rajan warned of a breakdown in global policy coordination after the Federal Reserve further cut stimulus, weakening emerging-market currencies from the rupee to the Turkish lira.

http://www.bloomberg.com/news/2014-01-30/rajan-warns-of-global-policy-breakdown-as-emerging-markets-slide.html

 China Said to Probe Credit Loophole Used to Access Cash

By Bloomberg News Jan 30, 2014 6:04 AM GMT+0100

China is probing a loophole that allowed executives at steel traders and other companies to bridge liquidity shortages for their firms by exceeding credit-card limits, according to three people familiar with the matter.

http://www.bloomberg.com/news/2014-01-30/china-said-to-probe-credit-loophole-executives-used-to-gain-cash.html

 China Resources Seeks Lenders for HK$6.4 Billion Syndicated Loan

By Paulina Duran Jan 30, 2014 7:46 AM GMT+0100

China Resources Power Holdings Co. (836) is seeking bank commitments for a HK$6.4 billion ($824 million) syndicated loan after hiring banks to arrange the deal, according to two people familiar with the matter.

http://www.bloomberg.com/news/2014-01-30/china-resources-seeks-lenders-for-hk-6-4-billion-syndicated-loan.html

 30 January 2014 Last updated at 02:14

Asian stocks tumble on Fed taper and currency fears

Asian markets have tumbled after the US central bank cut stimulus spending for a second month, and fears persisted over emerging market currency losses.

http://www.bbc.co.uk/news/business-25956782

HSBC shares soar 10% on fat finger mistake

Stock Exchange investigating as bank shares suspended briefly after surge
The bank jumped from around 630p to 688p, prompting an automatic suspension of the shares for five minutes.
When they restarted they fell back to their previous level. One trader said: "This looks like a fat finger, it's a complete error. It looks like someone has taken a hit of around £400,000."

http://www.theguardian.com/business/marketforceslive/2014/jan/30/hsbc-fat-finger-shares-suspended 

Exclusive: Deutsche Bank suspends currency trader

By Gertrude Chavez-Dreyfuss

NEW YORK (Reuters) - Deutsche Bank has suspended the head of its emerging markets foreign exchange trading desk in New York in connection with ongoing investigations into the alleged manipulation of the global currency market, a source familiar with the matter said.

http://ca.finance.yahoo.com/news/exclusive-deutsche-bank-suspends-york-head-em-forex-051246930--sector.html

Bank of Cyprus unfreezes 950 mn euros in CDs

Nicosia (AFP) - Bank of Cyprus, the island's largest lender, released 950 million euros ($1.29 billion) in six-month certificates of deposit it had locked in following a haircut on savings during a March bailout of the economy.

http://news.yahoo.com/bank-cyprus-unfreezes-950-mn-euros-cds-183158330.html

Russell Investments' chief economist found dead in Tacoma

Russell Investments chief economist Mike Dueker was found dead Thursday, and police said it appeared he had taken his own life by jumping from a ramp near the Tacoma Narrows Bridge.

http://www.thenewstribune.com/2014/01/30/3019967/body-discovered-in-west-tacoma.html

Currency devaluation ‘easy’ answer to emerging market crisis – Saxo Bank chief

Published time: January 30, 2014 15:48

The emerging market currency crisis is being propelled by policymakers who are “seeking the easy answer” by devaluing their currency, which is an unsustainable global model, Saxo Bank CEO Steen Jacobsen told RT.
The spectacular loss of value in emerging market currencies – the South African rand, the Russian ruble, the Indian rupee, and the Turkish lira- is a result of government's tightening monetary policy, which has even further driven down the value against the euro and dollar.

http://rt.com/business/devaluation-currency-not-easy-420/

Why the world is watching the Fragile Five

By John Defterios, CNN

(CNN) -- After three weeks of punishing losses to its currency the lira, Turkey's central bank has taken what is being viewed as decisive action to reverse negative sentiment. At an emergency meeting Tuesday, the country's main interest rate was raised by 4.25 percent to 12 percent.

http://edition.cnn.com/2014/01/29/business/defterios-turkey-fragile-five/index.html?hpt=hp_bn1

Digital Currency Founder: U.S. Indicted Me For Not Giving FBI My Source Code

 By Kim Zetter

The indicted founder of digital currency Liberty Reserve says the U.S. government began targeting him only after he refused to turn over the source code for his proprietary system to the FBI.

Arthur Budovsky, who is fighting extradition to the U.S. from Spain, told a Madrid court that the FBI approached him in 2011 to obtain the source code for what he says was the purpose of undermining the service.

http://www.wired.com/threatlevel/2014/01/liberty-reserve-source-code/

Poland Confiscates Half Of Private Pension Funds To "Cut" Sovereign Debt Load

While the world was glued to the developments in the Mediterranean in the past week, Poland took a page straight out of Rahm Emanuel's playbook and in order to not let a crisis go to waste, announced quietly that it would transfer to the state - i.e., confiscate - the bulk of assets owned by the country's private pension funds (many of them owned by such foreign firms as PIMCO parent Allianz, AXA, Generali, ING and Aviva), without offering any compensation. In effect, the state just nationalized roughly half of the private sector pension fund assets, although it had a more politically correct name for it: pension overhaul.

http://www.zerohedge.com/news/2013-09-06/poland-confiscates-half-private-pension-funds-cut-sovereign-debt-load

ZeroHedges Frontrunning list for Jan 31

• Even Obama's fans has turning on him: "The Decline and Fall of 'Hope and Change'"
• European Stocks Drop, Head for Worst January Since 2009 (BBG)
• Euro-Area Inflation at 0.7% Builds Rate Pressure on ECB (BBG)
• Japan’s Inflation Accelerates as Abe Seeks Wage Gains (BBG)
• Unpossible - this is the USSA: Detroit Debt Proposal Favors Pension Funds (WSJ)
• Keystone Report Said Likely to Disappoint Pipeline Foes (BBG)
• YHOO still pretending someone cares about it: Yahoo says detected hacking attempt on email accounts (Reuters)
• How Google's Costly Motorola Maneuver May Pay Off (WSJ)
• Mexico Surpassing Japan as No. 2 Auto Exporter to U.S.  (BBG)
• Microsoft Seen Testing Insider Nadella’s Will to Revamp (BBG)
• Top Obama aide predicts drama-free U.S. debt ceiling increase (Reuters)
• The Dong fallout: Danish PM Blindsided as Ministers Quit in Goldman Spat (BBG)
• U.S. Says Syria Delaying Chemical Disarmament (WSJ)
• Emerging market funds lose $9 billion in past week (Reuters)

http://www.zerohedge.com/news/2014-01-31/frontrunning-january-31

Currency chaos batters Aussie and loonie

Opinion: Collateral damage from the emerging-markets meltdown

....But two other leading currencies have become collateral damage. Over the past year, the Australian and Canadian dollars both have lost more than 10% of their value against the U.S. dollar, and currency traders expect them to fall further still. What’s more, their own central bankers have suggested they want to see their dollars even weaker.

http://www.marketwatch.com/story/currency-chaos-batters-aussie-and-loonie-2014-01-31?link=kiosk

   

Another Country Sells Off US Dollars To Diversify Reserves Into The Yuan

January 28th, 2014

... Nigeria is now selling off dollars to purchase the Yuan to beef up its reserves. Other countries have switched from the dollar and are using the yuan for bilateral trade.

 http://investmentwatchblog.com/another-country-sells-off-us-dollars-to-diversify-reserves-into-the-yuan/#lLkouiOdYZET6JaM.99

America’s Karma and World War Two Gold Theft

And the Gold Recovery Attempts of the Korean and Vietnam Wars

By JC Collins

http://philosophyofmetrics.com/2014/01/30/americas-karma-and-world-war-two-gold-theft/#more-109