Monday, June 26, 2017

Tag: Soros

Dutch Regulator Accidentally Posts Soros’s Short Positions

Some of hedge fund billionaire George Soros's short positions dating back to 2012 were published on the Dutch financial market regulator’s website this week due to “human error,” according to the regulator AFM. The short positions, bets on a stock declining, were “between 0.2 percent and 0.5 percent,” of shares...

Hungary Plans to Crack Down on All Soros-Funded NGOs

Hungary plans to crack down on non-governmental organizations linked to billionaire George Soros now that Donald Trump will occupy the White House, according to the deputy head of Prime Minister Viktor Orban’s party. The European Union member will use “all the tools at its disposal” to “sweep out” NGOs funded...

America’s Worldwide Impunity

After several years of arming and supporting Syrian rebel groups that often collaborated with Al Qaeda’s Nusra terror affiliate, the United States launched an illegal invasion of Syria two years ago with airstrikes supposedly aimed at Al Qaeda’s Islamic State spin-off, but on Saturday that air war killed scores of...

Trump’s Top Fundraiser Eyes the Deal of a Lifetime

Steven Mnuchin might have a shot at Treasury secretary, but his Wall Street pedigree makes him the type Donald Trump fans love to hate. Until one Tuesday in April, Steven Mnuchin's life had been ordered meticulously. The son of a Goldman Sachs partner, he was publisher of the Yale Daily...

Mysterious Group Hacks The NSA

The latest hack revealed over the weekend has nothing to do with the Democratic Party or George Soros, and instead a mysterious hacker group by the name “The Shadow Brokers” claims to have hacked the Equation Group - a government cyberattack hacking group associated with the NSA, and released...

Soros Hack Reveals Plot Behind Europe’s Refugee Crisis; Media Manipulation; Cash For Social Justice

In the two days since the Soros Open Society Foundation hack by the DCLeaks collective, several notable revelations have emerged among the data dump of over 2,500 documents exposing the internal strategy of the organization, which expose some of Soros' tactics to influence and benefit from Europe's refugee crisis,...

Sorry, gold and silver lovers, the party’s almost over

The precious metals may be in a bear market for another 10 to 15 years. Precious metals have been one of the best places to be in the market in 2016. As of July 8, gold had surged 31% from its December 2015 lows, while silver had skyrocketed by 50%. During...

Brexit Accelerates the British Pound’s 100 Years of Debasement

In 1967, U.K. Prime Minister Harold Wilson declared devaluation wouldn’t diminish the “pound in your pocket.” Chancellor of the Exchequer Norman Lamont admitted he was heard “singing in the bath” after sterling’s link to the deutsche mark was severed in 1992, sending the currency tumbling. If history is any guide,...

Soros Says Brexit Has Unleashed a Financial-Markets Crisis

Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Brussels. “This has been unfolding in slow motion, but Brexit will accelerate it. It is likely to reinforce the...

Italy’s Banks On Death Bed. Are Bail-Ins Coming?

Italy's third largest bank by assets, Banca Monte dei Paschi di Siena SpA is on the death bead. It’s been there since mid-2014. Italian banks in general have €200 billion in non-performing loans. They have another pile of troubled loans that are late just some of the time. To address the...

Why big investors think it’s time to hoard gold

Fear is on the rise and so is the price of gold. Gold futures for August hit a three-week high Thursday, rising to $1,272.70 per ounce, just under a key resistance level of $1,275. The yellow metal is up about 20 percent year to date, and some high-profile investors —...

Saudis Have Lost the Oil War

Poor Saudi Arabia. They don’t realize it yet but they have lost their oil war. The war in its current phase began in September, 2014, when the dying King Abdullah and his Minister of Petroleum, Ali Al-Naimi, told US Secretary of State John Kerry they would gladly join Washington...

Billionaire Soros Cuts U.S. Stocks by 37%, Buys Gold Miner

Billionaire George Soros prepared last quarter for gloomy times, dialing back his U.S. stock investments by more than a third, betting against the equities while banking on gold. The value of Soros Fund Management’s publicly disclosed holdings dropped by 37 percent to $3.5 billion as of the end of March,...

Shadow Lending Crackdown Seen Forcing China Banks to Sell Bonds

A crackdown on banks hiding bad loans in China looks set to trigger a flood of capital raising just as global investors warn of risks to the financial system. New rules require lenders to make full provisions for loan rights they have transferred to other financial institutions, people familiar with the matter...

How NATO-linked Think Tanks Control EU Refugee Policy

A flood of uncontrolled war refugees from Syria, Libya, Tunisia and other Islamic countries destabilized by Washington’s ‘Arab Spring’ Color Revolutions, has created the greatest social dislocation across the EU from Germany to Sweden to Croatia since the end of World War II. By now it has become clear...

Soros Says China’s Economy Looks Like the U.S. Before the Crisis

Billionaire investor George Soros said China’s debt-fueled economy resembles the U.S. in 2007-08, before credit markets seized up and spurred a global recession. China’s March credit-growth figures should be viewed as a warning sign, Soros said at an Asia Society event in New York on Wednesday. The broadest measure of...

Soros Board Member Chairs Firm Running Online Voting for Tuesday’s Utah Caucuses

Smartmatic Group, an electronic voting firm whose worldwide headquarters is located in the United Kingdom, will be running the online balloting process in the Utah Republican Open Caucuses on Tuesday. The chairman of Smartmatic’s board, Lord Mark Malloch-Brown, currently serves on the board of George Soros’s Open Society Foundation and...

Hillary Emails, Gold Dinars and Arab Spring

Buried amid tens of thousands of pages of former US Secretary of State Hillary Clinton’s secret emails, now being made public by the US Government, is a devastating email exchange between Clinton and her confidential adviser, Sid Blumenthal. It’s about Qaddafi and the US-coordinated intervention in 2011 to topple...

Soros, Alarmed by Trump, Pours Money into 2016 Race

The billionaire has already spent or pledged $13 million to help Hillary Clinton and other Democrats this year. The liberal New York financier George Soros, whose effort to unseat President George W. Bush in 2004 shattered political spending records, is returning to big-ticket giving after an 11-year hiatus. Soros has spent...

Mainland China’s economic growth could drop as low as 3.7 per cent, but it’s...

Bank of America Merrill Lynch says probability of hard landing about 5 per cent. Mainland China’s gross domestic product growth could slow to as little as 3.7 per cent this year in a worst-case scenario outlined in a detailed report by Bank of America Merrill Lynch. It comes after billionaire investor...

Chorus Of Financial Experts Warn Of Imminent Crisis

A growing list of financial gurus and industry experts are warning that 2016 could see a devastating collapse in global financial markets, pushing America into an economic downturn potentially worse than the 2008 recession. Analysts at Citigroup, famed financial broker Peter Schiff, hedge fund giants Ray Dalio and George Soros...

Betting against China’s currency

The Chinese economy has experienced a bumpy start in 2016. Trading on the country's stock market had been suspended twice to prevent markets from panicking, and the value of the national currency, the yuan (also called renminbi), dropped to a five-year low against the US dollar. Earlier this week,...

The Chinese RMB trading and clearing negotiation in America was suddenly blocked, the truth...

The negotiation of Yuan trading and clearing in America which starting from last November was suddenly blocked, This negotiations was about allowing the Renminbi “landed” in the US. On January 26th, The Wall Street Journal reported the news, judging from the report contents, the possibility of the Chinese resistance was...

How Beijing and Hong Kong sent billionaire George Soros packing the last time he...

The history of how George Soros has affected currencies and economies in Asia is remembered with some bitterness. History doesn’t repeat itself, but it does rhyme, the American humourist Mark Twain is often quoted as saying. So when billionaire investor George Soros said last week that a hard-landing in the Chinese...

China shares end at 14-month lows after late selling frenzy

Chinese shares plunged more than 6 percent to 14-month lows on Tuesday after oil prices dropped again, reviving concerns about global growth and prompting a sell-off in the world's equity markets. Battered by a late selling frenzy, the benchmark Shanghai Composite Index .SSEC ended down 6.4 percent at 2749.79 points,...

BlackRock’s Larry Fink Sees Buying Opportunity as Soros Cautions

Laurence D. Fink, who runs the world’s largest asset manager, said the recent stock market decline presents a buying opportunity because markets are poised to gain over the course of the next year. "You can’t walk away from these movements,” Fink, chief executive officer of BlackRock Inc., said Friday in...

$2.5 Trillion in Wealth Has Vanished since Monday

The financial markets are in chaos... Chinese stocks crashed again last night, dropping 7% in less than an hour. The Shanghai Composite Index is now down 11.7% this week, and 40% since peaking last June. For the second time this week, China’s stock exchange completely shut down. As Dispatch readers know,...

George Soros Sees Crisis in Global Markets That Echoes 2008

Global markets are facing a crisis and investors need to be very cautious, billionaire George Soros told an economic forum in Sri Lanka on Thursday. China is struggling to find a new growth model and its currency devaluation is transferring problems to the rest of the world, Soros said in...

China Carefully Moving to Displace Dollar

While Washington seems obsessed with trying to humiliate China’s President Xi Jinping and make him lose face, sending warships into Chinese territorial waters in the South China Sea just days after Obama’s White House meeting with President XI, and other provocative acts, Britain’s government is taking advantage of the...

US Propaganda War In Syria: Report Ties White Helmets To Foreign Intervention

“White Helmets primary function is propaganda” reported an independent journalist, who tied the group to George Soros and the controversial advocacy group Avaaz. ALEPPO, Syria — A growing number of media reports praise the White Helmets, a group of first responders who save lives in Syria. But a recent report...

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