World’s Top Oil Trader Is Now A Used Car Salesman
Vitol Group, the world’s largest independent oil-trading firm, has been startled by the prospects of peak oil demand as it…
De-Dollarization Trend Remains Intact
Global de-dollarization resumed in the second quarter according to data recently released by the International Monetary Fund (IMF). Read moreStocks Suffer Longest-Losing Streak…
The SEC Is Making Deutsche’s CEO Personally Responsible For Bank’s Crimes
Since launching its last major international expansion push in the late 1990s, Deutsche Bank has become knonw – particularly over…
“Digital Euro” as It Begins Experiments on Digital Currency Launch — the Banking Industry Is Very Concerned Digital Currency Will Kill the Banking Industry
As the world obsesses over Trump’s taxes or whether or not he is using oxygen during his covid hospitalization, the…
Financialization & The Road To Zero, Part 1: The Evolution Of Commerce
This is Part 1 of a 4-part series. fi·nan·cial·i·za·tion /fəˌnanCHələˈzāSHən, fīˌnanCHələˈzāSHən/ noun The process by which financial institutions, markets et…
Former Deutsche Bank Traders Convicted Of Fraud For Spoofing Precious Metals Between 2008 And 2013
Former Deutsche Bank AG traders Cedric Chanu and James Vorley were convicted for manipulating gold and silver prices on Friday…
“An Extremely Dangerous Game” – Central Bankers ‘Extend & Pretend’ Has Increased Risk Of “Catastrophic Collapse”
In recent weeks, there has been a lot of talk about the role of the world’s central bankers going forward. With that…
‘There Is No Monopoly Here:’ Tim Cook Welcomes Antitrust Investigation of Apple
Speaking at the Atlantic Festival recently, Apple CEO Tim Cook discussed the antitrust issues that the tech giant is facing…
Traders On Edge As Futures Fail To Rebound After Wednesday Rout
US equity futures were subdued and European stocks rebounded from an early selloff as markets tried to stem the Wednesday…
WIrecard’s Business ‘Almost Entirely Fraudulent’, Auditors Uncover $1BN Loss, Report Finds
Carmine Di Sibio, the international chairman of EY, said in a letter to clients published earlier thsi month that while he…