Finance – Page 12 – THE OVAL CIRCLE

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’

Business

Russia prepared for possibility of being cut off from SWIFT, Kremlin says

Posted on March 24, 2021March 24, 2021By Editor

With anti-Russian sanctions gathering momentum, particularly in the US, President Putin’s press secretary Dmitry Peskov says he does not exclude the possibility of Russia being unplugged from the SWIFT financial network. … Read More >Russia prepared for possibility of being cut off from SWIFT, Kremlin says

Russia

Ditch the dollar & scrap Western payment systems with us to avoid US sanctions’ sting, Russian Foreign Minister Lavrov tells China

Posted on March 23, 2021March 23, 2021By Editor

Beijing and Moscow could together reduce their vulnerability to Western sanctions by divesting from the dollar and building their own financial systems to rival international versions, Moscow’s top diplomat has told Chinese media. … Read More >Ditch the dollar & scrap Western payment systems with us to avoid US sanctions’ sting, Russian Foreign Minister Lavrov tells China

Shows

CrossTalk, QUARANTINE EDITION: Populist finance?

Posted on February 3, 2021February 3, 2021By Editor

How best to describe the events being played out in the financial markets… David vs. Goliath? The rise of “populist finance?” Or the corruption of the financial system being exposed again? One thing is for sure – there is a strong demand to democratize the financial world. The little guy is demanding to participate too. Will Big Finance and the government allow them? … Read More >CrossTalk, QUARANTINE EDITION: Populist finance?

USA

Vegas man accused of skimming $2mn in Covid-19 relief, spending it on posh cars & condos

Posted on January 24, 2021January 24, 2021By Editor

A Nevada man allegedly submitted 12 different applications for PPP loans – meant for struggling small businesses – and used the fraudulently obtained money to buy new cars and luxury condos in Las Vegas, according to court papers. … Read More >Vegas man accused of skimming $2mn in Covid-19 relief, spending it on posh cars & condos

Business

BRICS+ nations will have their own financial systems to avoid dollar & drunken sailors at printing presses – George Galloway

Posted on November 22, 2020November 22, 2020By Editor

The current global financial system may face a “breakup” as fiat money has been discredited by the quantitative easing policies of central banks, former British MP George Galloway said in an interview with Max Keiser. … Read More >BRICS+ nations will have their own financial systems to avoid dollar & drunken sailors at printing presses – George Galloway

USA

Biden Cancer Initiative Reportedly Gave Out No Grants in First Two Years, Spent Money on Salaries

Posted on November 15, 2020November 15, 2020By Editor

The charity, founded in 2017 by the former vice president and his wife, Jill Biden, saw its staff – many of whom are former officials of the Obama administration – making hundreds of thousands of dollars in just two years. … Read More >Biden Cancer Initiative Reportedly Gave Out No Grants in First Two Years, Spent Money on Salaries

Shows

City of London financial sector uncovered (‘Industry’ writers Konrad Kay & Mickey Down)

Posted on November 9, 2020November 9, 2020By Editor

On this episode of Going Underground, we speak to Konrad Kay and Mickey Down, writers of the new TV Series ‘Industry’, which focuses on life in the City of London financial sector through the eyes of vulnerable graduates. They discuss their own experience in the financial sector and what made them leave … Read More >City of London financial sector uncovered (‘Industry’ writers Konrad Kay & Mickey Down)

Shows

Failing fiat! Gold and silver lining

Posted on August 11, 2020August 11, 2020By Editor

It was the biblical economist Norm Franz who said “Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.” … Read More >Failing fiat! Gold and silver lining

Russia

Goodbye, greenback! As they abandon dollar in trade, Russia & China could create ‘financial alliance,’ leading Russian expert says

Posted on August 8, 2020August 8, 2020By Editor

Moscow and Beijing’s ditching of the US dollar could result in the creation of a “financial alliance,” according to a top Russian analyst. Alexey Maslov believes the partnership is approaching a “breakthrough moment.” … Read More >Goodbye, greenback! As they abandon dollar in trade, Russia & China could create ‘financial alliance,’ leading Russian expert says