Banking System – Page 12 – THE OVAL CIRCLE

Canceling Russian reserves boomerangs to a new international monetary system

Posted on March 23, 2022March 23, 2022By Editor

The present military operation in Ukraine, in due time, will be relegated to little more than a footnote in global history, yet the total financial war which has repercussed onto Russia will be key in defining the upcoming new world order. … Read More >Canceling Russian reserves boomerangs to a new international monetary system

Business

US dollar is ‘a huge black hole,’ expert says

Posted on March 20, 2022March 20, 2022By Editor

The greenback threatens to swallow the wealth of both countries and individuals, according to Wang Zaibang . … Read More >US dollar is ‘a huge black hole,’ expert says

Russia

China & Russia are ready to end US dominance of global finance

Posted on December 24, 2021December 24, 2021By Editor

Russian President Vladimir Putin held extensive talks with his Chinese counterpart, Xi Jinping, earlier this week, with the two world leaders agreeing on plans to establish a new shared international financial framework. … Read More >China & Russia are ready to end US dominance of global finance

Shows

On Contact: Economic disobedience and debt abolition

Posted on July 24, 2021July 24, 2021By Editor

On the show this week, Chris Hedges discuss economic disobedience and debt refusal with Thomas Gokey from Debt Collective. … Read More >On Contact: Economic disobedience and debt abolition

World

Australian banks ‘urgently investigating’ after online banking apps stop working

Posted on June 19, 2021June 19, 2021By Editor

Several of Australia’s largest banks have reported issues with their online banking apps, sparking chatter on social media about what could have caused the large-scale service outage. … Read More >Australian banks ‘urgently investigating’ after online banking apps stop working

Russia

Russia & China to bolster financial security systems, reducing dependency on West in response to ‘threats from unfriendly nations’

Posted on March 28, 2021March 28, 2021By Editor

Money moving between Moscow and Beijing needs to be better protected against hostile states, Russia’s foreign minister has claimed, announcing that a payments system to rival Western alternatives will soon see more and more use. … Read More >Russia & China to bolster financial security systems, reducing dependency on West in response to ‘threats from unfriendly nations’

World

Gaddafi-Era Official Says 2011 Coup in Libya Plotted by West to Seize Resources

Posted on February 16, 2021February 16, 2021By Editor

The intervention of a NATO-led coalition and demonstrations across Libya in 2011 was prepared by Western nations in a bid to take control of the country’s resources, Moussa Ibrahim, a former government spokesman of the Muammar Gaddafi era, said in an interview with Sputnik. … Read More >Gaddafi-Era Official Says 2011 Coup in Libya Plotted by West to Seize Resources

Business

Central banks do not have the physical gold they pretend to have, fund manager tells Keiser Report

Posted on February 4, 2021February 4, 2021By Editor

Max Keiser interviews Egon von Greyerz of GoldSwitzerland.com about the impossibility of price discovery because of the paper gold market, in which $70 trillion is traded every year against $213 billion annual mine production. … Read More >Central banks do not have the physical gold they pretend to have, fund manager tells Keiser Report

Business

China soon to rival NY & London as world’s financial center – Ray Dalio

Posted on January 14, 2021January 14, 2021By Editor

It is only a matter of time before China’s financial system becomes a contender for Wall Street and the City of London’s supremacy, according to the founder of investment firm Bridgewater Associates, Ray Dalio. … Read More >China soon to rival NY & London as world’s financial center – Ray Dalio

Asia & Pacific

No unfair advantage’: Vietnam rejects US ‘currency manipulation’ charge, but vows to work with Washington to resolve row

Posted on December 17, 2020December 17, 2020By Editor

Vietnam’s central bank has dismissed US allegations of currency manipulation, insisting its policies aim to promote “stability,” after Washington labeled the nation an unfair competitor, potentially paving the way for new tariffs. … Read More >No unfair advantage’: Vietnam rejects US ‘currency manipulation’ charge, but vows to work with Washington to resolve row