Tag: Banks

Categories Business

Tehran accuses Washington of ‘economic terrorism’ after US sanctions major Iranian banks

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Iran’s ambassador to the United Nations, Majid Takht-Ravanchi, has condemned US sanctions against Iranian banks as an act of economic terrorism, designed to create suffering and social unrest with the aim of regime change. … Read More >Tehran accuses Washington of ‘economic terrorism’ after US sanctions major Iranian banks

Categories Business

Tens of trillions of dollars are siphoned offshore & put into secret private bank accounts, analyst tells RT’s Keiser Report

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The new episode of Keiser Report looks into how economic value has lost all meaning, when the market is fake and the Federal Reserve’s free money is used for leveraged buyouts of the entire economy. … Read More >Tens of trillions of dollars are siphoned offshore & put into secret private bank accounts, analyst tells RT’s Keiser Report

Categories Op-ed

Lee Camp: Housing is human right and US has homes & money to provide it. But it spends billions bailing out industries & banks

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Congress’s inability to actually represent the real-live human beings of America, combined with an economic system that rewards lack of empathy and an excess of greed, has brought us to a dark time when an oncoming tsunami of financial ruin, destitution and evictions towers over our heads, blocking out the sunlight. … Read More >Lee Camp: Housing is human right and US has homes & money to provide it. But it spends billions bailing out industries & banks

Categories Russia

Taking from crooks to give to the old? Russian finance ministry to seize unexplained bank funds & transfer them to pension pot

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It’s not quite Robin Hood, but it’s close. Russia’s Ministry of Finance is planning to transfer the confiscated suspicious savings of Russian citizens to the country’s pension fund, according to newly proposed amendments. … Read More >Taking from crooks to give to the old? Russian finance ministry to seize unexplained bank funds & transfer them to pension pot

Categories World

Iran Calls South Korean Freeze on Oil Payments ‘Unethical and Illegal’

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Between $6 billion and $9 billion in payments for already delivered Iranian oil remain frozen in South Korean banks. Seoul insists that the funds will stay blocked due to the American sanctions against the country. Tehran, in turn, sees the freeze as unlawful and is mulling legal action against South Korea. … Read More >Iran Calls South Korean Freeze on Oil Payments ‘Unethical and Illegal’

Categories Business

Israel’s largest bank agrees to $874mn fine for conspiring to help US citizens hide $7.6 BILLION in assets overseas

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The top bank in Israel will hand over just shy of $900 million to the US Treasury after it was implicated in a tax evasion scheme, helping Americans to hide billions of dollars in wealth in thousands of foreign accounts. … Read More >Israel’s largest bank agrees to $874mn fine for conspiring to help US citizens hide $7.6 BILLION in assets overseas