• Starvation: The Venezuela Diet!Dick Morris TV: Lunch ALERT!

    Dick explains

    published: 22 Feb 2017
  • Employer Fiduciary Responsibility to Employee Retirement

    published: 14 Mar 2017
  • Venezuela Prepares For Invasion After US Uses Hurricane Cover To Send B1 Bombers To Colombia 9/9/17

    http://www.whatdoesitmean.com/

    published: 10 Sep 2017
  • 8/20/14 - BlinkTrade brings Bitcoin to West Africa & Venezuela, Chain gets a raise

    http://moneyandtech.com/August-20-news-update/ New York-based technology platform BlinkTrade has unleashed a new West African bitcoin exchange, UbuntuBitx, just one week after launching its first Venezuelan exchange SurBitcoin. The company has been launching its technology and services at a rapid rate in an attempt to expand the reach of virtual currency and lower costs. BlinkTrade head Rodrigo Souza has stated, "My mission statement is very simple: let's lower the costs for bitcoin exchanges, using an open-source, cloud-based platform for exchanges like BlinkTrade, and also allow bitcoin exchanges to share liquidity." SurBitcoin, which pushed forward in Venezuela on Thursday, offers users 200 Venezuelan Bolivar Fuertes in credit to buy bitcoins upon sign-up. This could be very beneficial...

    published: 21 Aug 2014
  • Exclusive Venezuela taps small banks to handle dollar deals

    Venezuela's government is using little-known banks, including a small Puerto Rican lender, as intermediaries for some international trade operations after Citigroup (C.N) last year stopped providing such services, according to the owner of one of the banks and government officials. The government has turned to relatively unknown institutions to provide a service known as correspondent banking, as international banks are increasingly concerned about the risks of doing business with socialist-ruled Venezuela amid investigations into corruption and drug trafficking. It also coincides with complaints by President Nicolas Maduro that Venezuela is struggling to obtain financial services amid a severe economic crisis characterized by triple-digit inflation and chronic shortages. Government off...

    published: 21 Mar 2017
  • News Wrap: Trump’s latest travel ban blocked by federal judge

    In our news wrap Tuesday, a federal judge in Hawaii struck down the Trump administration’s latest travel ban that extended to six mostly Muslim nations, plus North Korea and Venezuela. The move temporarily blocks enforcement of the order nationwide, but the Justice Department said it will appeal. Also, Rep. Tom Marino, R-Pa., withdrew from the consideration to be the next drug czar.

    published: 17 Oct 2017
  • 'UK Debt Restructuring Techniques' - Jeremy Walsh: 3CL Travers Smith Seminar

    As part of the Faculty's 3CL Travers Smith Lunchtime Seminar Series, Jeremy Walsh of Travers Smith gave a lunchtime seminar entitled "UK Debt Restructuring Techniques" on Tuesday 10 November 2015. Jeremy joined Travers Smith in 1993 and in 1994 became a partner. He specialises in advising on finance, restructuring and insolvency, in each case acting for financial institutions, private equity sponsors, investors, borrowers, pensions trustees, directors, insolvency practitioners and turnaround professionals. Jeremy is also a licensed insolvency practitioner. 3CL Seminars are kindly supported by Travers Smith. For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/

    published: 17 Feb 2016
  • 30 Years Later: A Look Back at the Original Sentencing Guidelines

    In 1987, the U.S. Sentencing Commission transformed criminal law in the United States in releasing the original Federal Sentencing Guidelines. From the start, Hofstra Law was at the forefront of sentencing scholarship, publishing key insights from the earliest days of the Commission. On Monday, October 23, distinguished members of the Judiciary, past and present Commissioners, and leading scholars commemorated the original U.S. Sentencing Commission and marked the 30th Anniversary of the Sentencing Guidelines at the Hofstra University Club.

    published: 25 Oct 2017
  • The New Normal, Technology, Innovation, Distribution and Operating Model

    BNP Paribas Securities Services annual client event discusses the new normal in technology, operating model and distribution. Annually, this client event debates and discusses around critical business issues, during the time of Fund Forum Asia. Topics for this year includes, key investment themes for 2016 and the access to the China Interbank Bond Market; A deep dive into the rise of middle office as part of an integrated trading operating model ; An Economist Intelligence Unit report on asset owners around the world and their views on governance, sustainability and investment ; Fiduciary duty and ESG ; Transformational business models with the use of technology. English For more, visit our corporate site and list of products http://securities.bnpparibas.com/ Join us on LinkedIn https:...

    published: 31 May 2016
  • Major Spanish banks to close branches, cut jobs

    Spanish banks are once again closing branches and slashing jobs as their profitability is hit by stiff competition. Spain’s biggest lenders posted lower first-quarter net profits last week. The country’s banking network once underwent a deep restructuring in 2008. In that year, the collapse of a decade-long property bubble sent the Spanish economy, eurozone’s fourth largest, into a tailspin. Between 2008 and 2015, the sector shed 75,000 of its roughly 278,000 jobs. More than 13,000 branches also closed their doors. Watch Live: http://www.presstv.ir/live.html Twitter: http://twitter.com/PressTV LiveLeak: http://www.liveleak.com/c/PressTV Facebook: http://www.facebook.com/PRESSTV Google+: http://plus.google.com/+VideosPTV Instagram: http://instagram.com/pres...

    published: 04 May 2016
  • Megatrend #3 - Broken Government

    http://www.eliteinvestorclub.com/apply/ Like it or not, the world really has shrunk in the last fifty years. The internet and cheap air travel have made us all global citizens. I’ve visited more countries this year than my father did in his lifetime. Me, a kid from Whitley Bay, running a business that has clients in fifteen countries across five continents. How would I explain that to my grandmothers who never left North East England? Regional governments can’t cope with the new business model. Companies move profits around to minimise their tax bill. Clever businesses focused on a niche can find new clients across the globe more easily than across the street. And we consumers buy stuff not just because a shop is local but because we buy into their values, their purpose, their philosophy....

    published: 28 Jul 2016
  • Can The Major Materials Rally Continue? | Trading Nation | CNBC

    Gina Sanchez of Chantico Global and Boris Schlossberg of BK Asset Management discuss the surging materials sector with Brian Sullivan. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Can The Major Materials Rally Continue? | Trading Nation | CNBC

    published: 26 Jan 2017
  • Oil Supply Driving Down Wholesale Gas Prices - Vayu Energy Market Update

    Vayu Senior Analyst Joanne Daly discusses the impact of current oil supply on the wholesale gas market. Wholesale gas prices have been dropping consistently over the past number of weeks and we'd like to give you some detail around why this is happening and what it means for Irish businesses. ------------ http://www.vayu.ie https://twitter.com/vayuenergy ------------- Disclaimer: This information is the proprietary information of Vayu Limited (Vayu) and must not be disseminated by the recipient to any third party without Vayu’s express prior written consent. Vayu do not make any (and expressly disclaim any) warranty or guarantee, whether express or implied, whatsoever in respect of the information and the information is provided on an “As Is” basis at the recipient’s sole risk. Neith...

    published: 15 Feb 2016
  • Currency Monitization Changes, Italian Banks Failing and EU tightens grip on Gold

    First it was Venezuela and India who changed their currency monetization, now Iran, Pakistan and Belarus are joining the party. The Italian Bank Monte dei Pesci only has enough funding for 4 months, but it's still rated as a hold by Wall Street. Why? EU is tightening its grip on cash and Gold at the borders. Is there an anticipation of changing the money standard? Checkout ITM Trading's free webinar series archive http://bit.ly/2bIQfWV Here you'll find recordings of our webinar series. New videos are usually added within 2 days of the original webinar date and to view next live webinar call 1-888-own-gold or send us an email at services@itmtrading.com. Shop for gold and silver online visit our website http://bit.ly/2c02VIn To learn more about the benefits of gold please call us at 1...

    published: 28 Dec 2016
  • Narcan On The Rise & Retail Apocalypse: VICE News Tonight Full Episode (HBO)

    August 9, 2017, FULL EPISODE of VICE News Tonight on HBO. VICE News meets with residents of Middletown, Ohio, to discuss how the city should address reviving overdose victims-- but sympathy seems to be wearing thin. This tech-food startup has recently faced a slew of negative coverage accusing it of classic Silicon Valley hubris and overreach. Plus, a look at the so-called ''retail apocalypse'' in the United States. Watch more: "Charlottesville: Race and Terror" http://bit.ly/2vFNdZ4 Read more: "Amazon might actually be good for the American retail industry" http://bit.ly/2vLMFkt Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twit...

    published: 17 Aug 2017
  • Candidates Spar On Taxes And Economy | CNBC

    Discussing the economic and tax plans laid out by both Hillary Clinton and Donald Trump at the first presidential debates, with CNBC Senior Contributor Larry Kudlow and Austan Goolsbee, University of Chicago Booth School of Business Economics. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Ca...

    published: 27 Sep 2016
  • Richard Wolff destroys the idea of "markets"

    published: 28 Jan 2017
  • Federal Reserve to Start Processing "ACH" Payments for IMMEDIATE Withdrawal (9.15.17)

    https://www.youtube.com/watch?v=22iHb4IXYys "ACH = Activated Clearing House"

    published: 12 Sep 2017
  • OLDER VERSION: US Economic Collapse 2008 Was Just a Warning, Survive The Next Financial Crisis.

    Information in this video has been updated, so please view this instead: https://youtu.be/PZADwDAfRiw

    published: 09 Feb 2016
  • What Is Fiat Currency? A Look At The Coinage Act of 1965

    Subscribe to RTD and share the educational videos... This is a brief walk through of the history on the United States money (coinage) focusing on the Coinage Act of 1965. This act was the final nail in the coffin of what was once a silver coin considered the people's money. Take four minutes and watch this RTD educational documentation and then share it with your family and friends that have no clue of their own national monetary history. For more great informative and educational videos from monetary experts on the future of the dollar watch RTD Interviews at RTD UNIVERSITY. The best monetary and financial education not available in a classroom - http://bit.ly/RTD_University

    published: 14 Dec 2016
  • Workforce Chairwoman Seeks to roll back Obama Workplace Rules

    For the first time in 70 years the House Committee on Education and Workforce is being chaired by a woman. One America's John Hines spoke with Rep. Virginia Foxx (R-NC) about her ambitious agenda.

    published: 02 May 2017
  • Fiat Money - Stock Market Manipulation Illusion of Money p4

    Hello! This is part 4/4 of the webinar the Illusion of Money you can find the full version of this webinar in our archives. https://www.itmtrading.com/blog/itm-tradings-webinar-archive/ The biggest illusion of all is that fiat money has any value it has no value and tell you convert it into a good or service but what the founders knew is that people marry the legal money of the state.I know when I was born back in 1954 that there were dollars and the dollar in change in 1971 so they keep the name the same but it loses purchasing power all along the way because that's the design of fiat money so out of the original dollar's value you've got officially four cents left unless you think well that's not so bad because hey looks like it's trailing off this is what the purchasing power has don...

    published: 20 Dec 2016
  • Why Massachusetts' Galvin Opposes Financial Choice Act

    Apr.28 -- Massachusetts Secretary of the Commonwealth William Galvin discusses his opposition to the Financial Choice Act with Bloomberg's Scarlet Fu and Abigail Doolittle on "Bloomberg Markets."

    published: 28 Apr 2017
  • Wer gehört eigentlich zum deutschen Volk - alle die einen Personalausweis haben?

    https://ddbnews.wordpress.com/2017/03/16/wer-noch-part-ei-en-waehlt-stimmt-seiner-unterdrueckung-selbst-zu/ https://ddbnews.wordpress.com/2017/03/16/erdogan-merkel-rutte-juncker-das-endspiel-hat-begonnen/ http://www.verfassunggebende-versammlung.com/ http://ddbradio.ru https://ddbnetzwerkvideos.com/ https://www.alliance-earth.com/constitution/ Vimeo Video Kanal: https://vimeo.com/user59926387 http://www.vv-stammtische-deutschland.de/ Audio/videos der VV: https://www.youtube.com/channel/UCsadWGY7Ohlf2vq5DE-YcDA/videos?shelf_id=0&view=0&sort=dd ddbagentur bei facebook: https://www.facebook.com/ddbagentur/ ddbnews auf wordpress: https://ddbnews.wordpress.com/ ddbnews bei twitter: https://twitter.com/ddbnews ddbnews bei VK: https://vk.com/id350680055 Selbstbestimmungsrecht der Völker: ht...

    published: 29 Oct 2017
  • Retail investors should adopt Bitcoin

    Whether the election of Donald J. Trump as President of the United States or the dismantling woes that affect India, the fastest growing economy in the world, no fiduciary currency is immune to geopolitical risks . Uncertainty on the road leading to fluctuations and volatility. When fiduciary currencies are under pressure, it is natural for people to look for alternatives. Gold is a traditional hedge, but with the emergence of cryptocurrencies, people have more than one or two options. Today they can watch many cryptocurrencies like Bitcoin and Ethereum and keep them not only as a bet against fiduciary currencies, as well as transactions in them and are free of government managed money. Woes of rupees make the case for Bitcoin Recent events have proved once again that the case for Bitco...

    published: 24 Nov 2016
  • Exclusive Venezuela taps small banks to handle dollar deals

    Venezuela's government is using little-known banks, including a small Puerto Rican lender, as intermediaries for some international trade operations after Citigroup (C.N) last year stopped providing such services, according to the owner of one of the banks and government officials. The government has turned to relatively unknown institutions to provide a service known as correspondent banking, as international banks are increasingly concerned about the risks of doing business with socialist-ruled Venezuela amid investigations into corruption and drug trafficking. It also coincides with complaints by President Nicolas Maduro that Venezuela is struggling to obtain financial services amid a severe economic crisis characterized by triple-digit inflation and chronic shortages. Government off...

    published: 21 Mar 2017
developed with YouTube
Starvation: The Venezuela Diet!Dick Morris TV: Lunch ALERT!

Starvation: The Venezuela Diet!Dick Morris TV: Lunch ALERT!

  • Order:
  • Duration: 3:44
  • Updated: 22 Feb 2017
  • views: 4237
videos
Dick explains
https://wn.com/Starvation_The_Venezuela_Diet_Dick_Morris_Tv_Lunch_Alert
Employer Fiduciary Responsibility to Employee Retirement

Employer Fiduciary Responsibility to Employee Retirement

  • Order:
  • Duration: 2:16
  • Updated: 14 Mar 2017
  • views: 28
videos
https://wn.com/Employer_Fiduciary_Responsibility_To_Employee_Retirement
Venezuela Prepares For Invasion After US Uses Hurricane Cover To Send B1 Bombers To Colombia 9/9/17

Venezuela Prepares For Invasion After US Uses Hurricane Cover To Send B1 Bombers To Colombia 9/9/17

  • Order:
  • Duration: 16:42
  • Updated: 10 Sep 2017
  • views: 1588
videos
http://www.whatdoesitmean.com/
https://wn.com/Venezuela_Prepares_For_Invasion_After_US_Uses_Hurricane_Cover_To_Send_B1_Bombers_To_Colombia_9_9_17
8/20/14 - BlinkTrade brings Bitcoin to West Africa & Venezuela, Chain gets a raise

8/20/14 - BlinkTrade brings Bitcoin to West Africa & Venezuela, Chain gets a raise

  • Order:
  • Duration: 5:52
  • Updated: 21 Aug 2014
  • views: 493
videos
http://moneyandtech.com/August-20-news-update/ New York-based technology platform BlinkTrade has unleashed a new West African bitcoin exchange, UbuntuBitx, just one week after launching its first Venezuelan exchange SurBitcoin. The company has been launching its technology and services at a rapid rate in an attempt to expand the reach of virtual currency and lower costs. BlinkTrade head Rodrigo Souza has stated, "My mission statement is very simple: let's lower the costs for bitcoin exchanges, using an open-source, cloud-based platform for exchanges like BlinkTrade, and also allow bitcoin exchanges to share liquidity." SurBitcoin, which pushed forward in Venezuela on Thursday, offers users 200 Venezuelan Bolivar Fuertes in credit to buy bitcoins upon sign-up. This could be very beneficial, as around 70% of Venezuelan citizens are unbanked and struggling with inflation. In West Africa, UbuntuBitx will be based in Benin and operate in eight countries, including Togo, Mali, and Niger. From there, in keeping with their current momentum, BlinkTrade has announced that it has set its sights on Brazil as its next major target. Genesis Coin's digital currency ATMs have added support for the first Proof of Stake alternative coin, Blackcoin, allowing users to buy and sell the alt coin through the Genesis1 two-way ATM machines along with Bitcoin, Dogecoin and Litecoin. Alt currencies like Blackcoin which are Proof of Stake, instead of Proof of Work, provide an alternative mechanism for determining who signs the digital currency transactions, which often results in faster confirmation times. Genesis Coin has already tweeted out the news of this development, though no official company statement has yet been heard. Virtual currency start-up Chain has closed a $9.5 million investment round led by Khosla Ventures. The business, which is attempting to make it easier to build Bitcoin applications, has brought its total funding up to $13.7 million dollars. Chain co-founder Adam Ludwin says, "Bitcoin is this tremendous financial innovation that's changed the world, and we're really excited to play a central role in that." Bitcoin's popularity is growing heavily in the mainstream, and its ability to exchange money throughout the world is attracting more investors. Chain went live in May of this year, and provides quick access to Bitcoin's blockchain, allowing developers to integrate currency technology more easily into their products. Already to date, Chain has signed over 1,000 developers, and plans to use its newly raised funds to further expand its engineering team and build out its empire. The Australian Taxation Office today delivered guidance on the taxation treatment of Bitcoin and other cryptocurrencies, just in time for people to complete their 2013-2014 income tax returns. The issued guidance dictates that Bitcoin and other digital currency payments will be taxed in the same manner as non-cash barter transactions, meaning that there will be no income tax or GST implications for individual users. Instead, any capital gain or loss resulting from the individual sale or disposal of digital coins will be disregarded as a personal use asset. However, individuals using digital currencies as an investment may still be subjected to capital gains tax rules. The primary burden of these tax rulings will instead fall on digital currency businesses, who will need to keep detailed records of every transaction and pay GST (or Goods and services tax) on each one. As chair of Australian Digital Currency Commerce Association Ron Tucker explains, "The way they've chosen to interpret how it should be applied is unfortunately very stifling for emerging Australian digital currency businesses and the industry as a whole... You could possibly see Bitcoin driven underground because of the unfair application of this tax treatment." The Delaware House of Representatives has passed House Bill 345, the ‘Fiduciary Access to Digital Assets and Digital Accounts Act‘, granting heirs and executors access to digital assets and devices in the event of death or incapacitation. HB 345 is based on the Uniform Law Commission's Fiduciary Access to Digital Assets Act (UFADAA), a non-profit group that lobbies for model legislations. Delaware is the first state to adopt the UFADAA. As the bill states, "Recognizing that an increasing percentage of people's lives are being conducted online and that this has posed challenges after a person dies or becomes incapacitated, this Act specifically authorizes fiduciaries to access and control the digital assets and digital accounts of an incapacitated person, principal under a personal power of attorney, decedents or settlors, and beneficiaries of trusts." http://moneyandtech.com/August-20-news-update/
https://wn.com/8_20_14_Blinktrade_Brings_Bitcoin_To_West_Africa_Venezuela,_Chain_Gets_A_Raise
Exclusive Venezuela taps small banks to handle dollar deals

Exclusive Venezuela taps small banks to handle dollar deals

  • Order:
  • Duration: 5:14
  • Updated: 21 Mar 2017
  • views: 19
videos
Venezuela's government is using little-known banks, including a small Puerto Rican lender, as intermediaries for some international trade operations after Citigroup (C.N) last year stopped providing such services, according to the owner of one of the banks and government officials. The government has turned to relatively unknown institutions to provide a service known as correspondent banking, as international banks are increasingly concerned about the risks of doing business with socialist-ruled Venezuela amid investigations into corruption and drug trafficking. It also coincides with complaints by President Nicolas Maduro that Venezuela is struggling to obtain financial services amid a severe economic crisis characterized by triple-digit inflation and chronic shortages. Government officials call the drug allegations a campaign against their administration by ideological adversaries in the United States, and insist Venezuela's problems are being caused by an "economic war." The situation does not affect payment of state oil company PDVSA's high-yielding bonds, which continue to be serviced by Citi due to contractual obligation, according to a 2016 letter from Citi to PDVSA bondholders seen by Reuters. The country's relationship with global banks is also complicated by a 14-year-old currency control system that requires businesses to acquire dollars through the government rather than private banks. Correspondent banks provide an essential service that allows countries to import goods and maintain links to the global financial system. Italbank, the Puerto Rican lender owned by Venezuelan entrepreneur Carlos Dorado, has served as one for Venezuela since 2016. Dorado told Reuters that Italbank offers correspondent services to state-owned Banco de Venezuela, which is the country's largest bank, and handles part of the government's offshore business transactions. "Our clients include private sector banks and state-run banks. One of those clients is Banco de Venezuela," said Dorado, who also owns Venezuelan currency exchange house Italcambio and a fashion business that distributes high-end clothing. He said about 10 or 15 percent of the dollar transfers from Banco de Venezuela go through Italbank. He added that another bank being used for correspondent services include southern Florida-based Eastern National Bank, partly owned by Venezuelan bank regulator Sudeban. A government official with knowledge of the transactions, who asked not to be identified, confirmed Eastern National was providing such services. Eastern National did not respond to emails and phone calls seeking comment. Nor did Sudeban, Venezuela's central bank, or its Information Ministry, which handles queries on behalf of the Finance Ministry. It was not immediately evident how much of the transactions Eastern National was responsible for, or which banks were carrying out the remainder of the transactions. "THANKS TO DORADO" Italbank's involvement has been crucial to ensuring basic imports following Citi's exit, the sources said. "Thanks to Dorado we have been able to pay for food imports," said a person close to the Venezuelan government who asked not to be identified, adding that the bank "has processed hundreds of millions of dollars in payments." Citi said last year it had halted correspondent services following a "periodic risk management review." Citi declined to comment for this story. Italbank opened in 2008 and says on its website it is focused on the Latin American market. It has a single office in San Juan and largely carries out operations online or by telephone. It operates under an offshore banking license in Puerto Rico, a U.S. territory. That gives it access to U.S. Federal Reserve payment services, allowing it to channel Venezuelan payments to foreign providers. Dorado said Italbank has an account with the Fed, but has to conduct transactions manually rather than electronically, which limits the volume of operations it can handle. He says the bank's procedures comply with U.S. financial regulations. The Fed declined to comment. PDVSA did not use Citi as a paying agent for a new bond issue last year, relying instead on Law Debenture Trust Company of New York, a provider of fiduciary services, according to the bond's prospectus. Wall Street banks worry that providing services to Venezuela could leave them with indirect financial links to the nation's commercial and political allies such as Cuba and Iran, which face various international sanctions, according to finance industry experts consulted by Reuters. They added that scandals - including U.S. authorities' designating Venezuelan Vice President Tareck El Aissami as a "drug kingpin" and the drug-related arrests of two nephews of the first lady - have boosted the perceived risk of doing business with Venezuela.
https://wn.com/Exclusive_Venezuela_Taps_Small_Banks_To_Handle_Dollar_Deals
News Wrap: Trump’s latest travel ban blocked by federal judge

News Wrap: Trump’s latest travel ban blocked by federal judge

  • Order:
  • Duration: 5:10
  • Updated: 17 Oct 2017
  • views: 5266
videos
In our news wrap Tuesday, a federal judge in Hawaii struck down the Trump administration’s latest travel ban that extended to six mostly Muslim nations, plus North Korea and Venezuela. The move temporarily blocks enforcement of the order nationwide, but the Justice Department said it will appeal. Also, Rep. Tom Marino, R-Pa., withdrew from the consideration to be the next drug czar.
https://wn.com/News_Wrap_Trump’S_Latest_Travel_Ban_Blocked_By_Federal_Judge
'UK Debt Restructuring Techniques' - Jeremy Walsh: 3CL Travers Smith Seminar

'UK Debt Restructuring Techniques' - Jeremy Walsh: 3CL Travers Smith Seminar

  • Order:
  • Duration: 59:50
  • Updated: 17 Feb 2016
  • views: 527
videos
As part of the Faculty's 3CL Travers Smith Lunchtime Seminar Series, Jeremy Walsh of Travers Smith gave a lunchtime seminar entitled "UK Debt Restructuring Techniques" on Tuesday 10 November 2015. Jeremy joined Travers Smith in 1993 and in 1994 became a partner. He specialises in advising on finance, restructuring and insolvency, in each case acting for financial institutions, private equity sponsors, investors, borrowers, pensions trustees, directors, insolvency practitioners and turnaround professionals. Jeremy is also a licensed insolvency practitioner. 3CL Seminars are kindly supported by Travers Smith. For more information see the Centre for Corporate and Commercial Law website at http://www.3cl.law.cam.ac.uk/
https://wn.com/'UK_Debt_Restructuring_Techniques'_Jeremy_Walsh_3Cl_Travers_Smith_Seminar
30 Years Later: A Look Back at the Original Sentencing Guidelines

30 Years Later: A Look Back at the Original Sentencing Guidelines

  • Order:
  • Duration: 2:16:39
  • Updated: 25 Oct 2017
  • views: 147
videos
In 1987, the U.S. Sentencing Commission transformed criminal law in the United States in releasing the original Federal Sentencing Guidelines. From the start, Hofstra Law was at the forefront of sentencing scholarship, publishing key insights from the earliest days of the Commission. On Monday, October 23, distinguished members of the Judiciary, past and present Commissioners, and leading scholars commemorated the original U.S. Sentencing Commission and marked the 30th Anniversary of the Sentencing Guidelines at the Hofstra University Club.
https://wn.com/30_Years_Later_A_Look_Back_At_The_Original_Sentencing_Guidelines
The New Normal, Technology, Innovation, Distribution and Operating Model

The New Normal, Technology, Innovation, Distribution and Operating Model

  • Order:
  • Duration: 5:01
  • Updated: 31 May 2016
  • views: 82
videos
BNP Paribas Securities Services annual client event discusses the new normal in technology, operating model and distribution. Annually, this client event debates and discusses around critical business issues, during the time of Fund Forum Asia. Topics for this year includes, key investment themes for 2016 and the access to the China Interbank Bond Market; A deep dive into the rise of middle office as part of an integrated trading operating model ; An Economist Intelligence Unit report on asset owners around the world and their views on governance, sustainability and investment ; Fiduciary duty and ESG ; Transformational business models with the use of technology. English For more, visit our corporate site and list of products http://securities.bnpparibas.com/ Join us on LinkedIn https://www.linkedin.com/company/bnpparibassecuritiesservices Follow us on Twitter https://twitter.com/BNPP2S
https://wn.com/The_New_Normal,_Technology,_Innovation,_Distribution_And_Operating_Model
Major Spanish banks to close branches, cut jobs

Major Spanish banks to close branches, cut jobs

  • Order:
  • Duration: 4:14
  • Updated: 04 May 2016
  • views: 510
videos
Spanish banks are once again closing branches and slashing jobs as their profitability is hit by stiff competition. Spain’s biggest lenders posted lower first-quarter net profits last week. The country’s banking network once underwent a deep restructuring in 2008. In that year, the collapse of a decade-long property bubble sent the Spanish economy, eurozone’s fourth largest, into a tailspin. Between 2008 and 2015, the sector shed 75,000 of its roughly 278,000 jobs. More than 13,000 branches also closed their doors. Watch Live: http://www.presstv.ir/live.html Twitter: http://twitter.com/PressTV LiveLeak: http://www.liveleak.com/c/PressTV Facebook: http://www.facebook.com/PRESSTV Google+: http://plus.google.com/+VideosPTV Instagram: http://instagram.com/presstvchannel SoundCloud: https://soundcloud.com/videosptv
https://wn.com/Major_Spanish_Banks_To_Close_Branches,_Cut_Jobs
Megatrend #3 -  Broken Government

Megatrend #3 - Broken Government

  • Order:
  • Duration: 6:58
  • Updated: 28 Jul 2016
  • views: 758
videos
http://www.eliteinvestorclub.com/apply/ Like it or not, the world really has shrunk in the last fifty years. The internet and cheap air travel have made us all global citizens. I’ve visited more countries this year than my father did in his lifetime. Me, a kid from Whitley Bay, running a business that has clients in fifteen countries across five continents. How would I explain that to my grandmothers who never left North East England? Regional governments can’t cope with the new business model. Companies move profits around to minimise their tax bill. Clever businesses focused on a niche can find new clients across the globe more easily than across the street. And we consumers buy stuff not just because a shop is local but because we buy into their values, their purpose, their philosophy. I’m far from alone in living a two-centre lifestyle in Britain and France. Impossible without internet technology and cheap air travel. I face the future with confidence as a self-sufficient entrepreneur with a glass half full attitude. But that doesn’t make me blind to reality. Most governments of major western democracies are broke. In the financial sense and in the way they are trying to function. No politician, other than perhaps Ron Paul in America, has been brave enough to tell the electorate how truly terrible things are. It has nothing to do with Brexit, just in case you’re bonkers enough to believe what you read in the media. These are structural issues that have been unfolding for decades. Ask me to name the point at which the post war boom unravelled and I’d probably point to Richard Nixon’s nineteen seventy-one decision to disconnect the dollar from gold. Since every other major currency was linked to the dollar that let politicians and central bankers the world over off the fiduciary hook. What economists call sound money was cast aside in the interests of short term expediency. The money printing genie was out of the bottle. And an empire of wealth and productivity started morphing into an empire of debt and dependency. In another episode in this series I’ll talk about the full financial implications of this fatal decision. Never mind Watergate, I’d have had Nixon impeached for this crime against humanity for which we’ve yet to see the scary end game. For now I want to focus on the political change that’s in the air. The Brexit vote certainly caught the political elite napping in the UK and Europe. It’s empowered parties in at least eight other EU countries to discuss the possibility of their own exit. EU leaders are giving Britain serious verbal abuse as they try to talk up all the challenges we are facing – they are scared of what the French call La Contagion, ie other countries leaving the moribund union. So we’ve got a trend towards dis-integration at a political level, almost with a tribal zeitgeist. You sense that if the Remainers could live in a separate part of Britain and stay in the EU they’d be happy to move there. Ditto Scotland calling for another independence referendum. Will we see a move back to the model of Italy in the nineteenth century with a series of City States? I quite like the Swiss model of Cantons where everything is decided locally unless it absolutely must go to a national level, for example issues around defence and national security. I think we’ll also see increasing tensions between young and old. If we’re honest, we’ve really screwed the next generation. They are loaded down with debt, they can’t afford to buy a house and they’re going to pay a fortune in tax to cover our pensions and medical bills. How long before they banish us all to Oldistan and reclaim the country for those under thirty five? What does it all mean for investors? It’s too early to tell. All I can say with certainty is that you need to be tuned in to what’s happening at a macro level and have some flexibility designed into your long term financial plan. Read Harry Dent’s work on the countries and currencies likely to be ‘the best in a bad neighbourhood’. In other words, the least-worst options in a world where growth is hard to find and those with wealth and assets are taxed within an inch of their lives to fund the dependents and the entitled cronies of the political elite. Here at Elite Investor Club we’ll do our best to interpret what’s happening in time for you to take action. If you haven’t already joined us, this might be a good time to head over to eliteinvestorclub.com/apply and do so now. Thanks for watching
https://wn.com/Megatrend_3_Broken_Government
Can The Major Materials Rally Continue? | Trading Nation | CNBC

Can The Major Materials Rally Continue? | Trading Nation | CNBC

  • Order:
  • Duration: 3:32
  • Updated: 26 Jan 2017
  • views: 163
videos
Gina Sanchez of Chantico Global and Boris Schlossberg of BK Asset Management discuss the surging materials sector with Brian Sullivan. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Can The Major Materials Rally Continue? | Trading Nation | CNBC
https://wn.com/Can_The_Major_Materials_Rally_Continue_|_Trading_Nation_|_Cnbc
Oil Supply Driving Down Wholesale Gas Prices - Vayu Energy Market Update

Oil Supply Driving Down Wholesale Gas Prices - Vayu Energy Market Update

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  • Duration: 2:35
  • Updated: 15 Feb 2016
  • views: 162
videos
Vayu Senior Analyst Joanne Daly discusses the impact of current oil supply on the wholesale gas market. Wholesale gas prices have been dropping consistently over the past number of weeks and we'd like to give you some detail around why this is happening and what it means for Irish businesses. ------------ http://www.vayu.ie https://twitter.com/vayuenergy ------------- Disclaimer: This information is the proprietary information of Vayu Limited (Vayu) and must not be disseminated by the recipient to any third party without Vayu’s express prior written consent. Vayu do not make any (and expressly disclaim any) warranty or guarantee, whether express or implied, whatsoever in respect of the information and the information is provided on an “As Is” basis at the recipient’s sole risk. Neither Vayu nor any of their officers, employees, agents, affiliates, subsidiaries or shareholders make any warranty with respect to, and no such person shall have any responsibility or liability to the recipient for, (i) the accuracy, completeness or reliability of any of the information, or (ii) for delays in the provision of, or for not providing, any of the Information. Neither the provision of the information nor any of the contents of the information, either (i) constitute an offer by Vayu to enter into any transactions and / or (ii) shall they be relied on for any decision made by the recipient. Vayu is not an adviser or fiduciary of the recipient and the recipient shall take all such independent advice as it shall deem fit before entering into any transactions. Vayu is not an adviser or fiduciary of the recipient and the recipient shall take all such independent advice as it shall deem fit before entering into any transactions.
https://wn.com/Oil_Supply_Driving_Down_Wholesale_Gas_Prices_Vayu_Energy_Market_Update
Currency Monitization Changes, Italian Banks Failing and EU tightens grip on Gold

Currency Monitization Changes, Italian Banks Failing and EU tightens grip on Gold

  • Order:
  • Duration: 5:43
  • Updated: 28 Dec 2016
  • views: 4411
videos
First it was Venezuela and India who changed their currency monetization, now Iran, Pakistan and Belarus are joining the party. The Italian Bank Monte dei Pesci only has enough funding for 4 months, but it's still rated as a hold by Wall Street. Why? EU is tightening its grip on cash and Gold at the borders. Is there an anticipation of changing the money standard? Checkout ITM Trading's free webinar series archive http://bit.ly/2bIQfWV Here you'll find recordings of our webinar series. New videos are usually added within 2 days of the original webinar date and to view next live webinar call 1-888-own-gold or send us an email at services@itmtrading.com. Shop for gold and silver online visit our website http://bit.ly/2c02VIn To learn more about the benefits of gold please call us at 1-888-own-gold and ask for a free gold kit. Or you can order your free gold information kit online by clicking this link http://bit.ly/2bIjYOI Join us for our next Facebook live chat. Make sure you follow us on Facebook and you will be notified of all our live talks. Follow us On Facebook by clicking this link or by going to Facebook.com/ITMtrading
https://wn.com/Currency_Monitization_Changes,_Italian_Banks_Failing_And_Eu_Tightens_Grip_On_Gold
Narcan On The Rise & Retail Apocalypse: VICE News Tonight Full Episode (HBO)

Narcan On The Rise & Retail Apocalypse: VICE News Tonight Full Episode (HBO)

  • Order:
  • Duration: 26:55
  • Updated: 17 Aug 2017
  • views: 172987
videos
August 9, 2017, FULL EPISODE of VICE News Tonight on HBO. VICE News meets with residents of Middletown, Ohio, to discuss how the city should address reviving overdose victims-- but sympathy seems to be wearing thin. This tech-food startup has recently faced a slew of negative coverage accusing it of classic Silicon Valley hubris and overreach. Plus, a look at the so-called ''retail apocalypse'' in the United States. Watch more: "Charlottesville: Race and Terror" http://bit.ly/2vFNdZ4 Read more: "Amazon might actually be good for the American retail industry" http://bit.ly/2vLMFkt Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/ Instagram: http://instagram.com/vicenews More videos from the VICE network: https://www.fb.com/vicevideo
https://wn.com/Narcan_On_The_Rise_Retail_Apocalypse_Vice_News_Tonight_Full_Episode_(Hbo)
Candidates Spar On Taxes And Economy | CNBC

Candidates Spar On Taxes And Economy | CNBC

  • Order:
  • Duration: 4:02
  • Updated: 27 Sep 2016
  • views: 249
videos
Discussing the economic and tax plans laid out by both Hillary Clinton and Donald Trump at the first presidential debates, with CNBC Senior Contributor Larry Kudlow and Austan Goolsbee, University of Chicago Booth School of Business Economics. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Candidates Spar On Taxes And Economy | CNBC
https://wn.com/Candidates_Spar_On_Taxes_And_Economy_|_Cnbc
Richard Wolff destroys the idea of "markets"

Richard Wolff destroys the idea of "markets"

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  • Duration: 2:22
  • Updated: 28 Jan 2017
  • views: 611
videos
https://wn.com/Richard_Wolff_Destroys_The_Idea_Of_Markets
Federal Reserve to Start Processing "ACH" Payments for IMMEDIATE Withdrawal (9.15.17)

Federal Reserve to Start Processing "ACH" Payments for IMMEDIATE Withdrawal (9.15.17)

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  • Duration: 14:33
  • Updated: 12 Sep 2017
  • views: 39800
videos
https://www.youtube.com/watch?v=22iHb4IXYys "ACH = Activated Clearing House"
https://wn.com/Federal_Reserve_To_Start_Processing_Ach_Payments_For_Immediate_Withdrawal_(9.15.17)
OLDER VERSION: US Economic Collapse 2008 Was Just a Warning, Survive The Next Financial Crisis.

OLDER VERSION: US Economic Collapse 2008 Was Just a Warning, Survive The Next Financial Crisis.

  • Order:
  • Duration: 36:37
  • Updated: 09 Feb 2016
  • views: 6509
videos
Information in this video has been updated, so please view this instead: https://youtu.be/PZADwDAfRiw
https://wn.com/Older_Version_US_Economic_Collapse_2008_Was_Just_A_Warning,_Survive_The_Next_Financial_Crisis.
What Is Fiat Currency? A Look At The Coinage Act of 1965

What Is Fiat Currency? A Look At The Coinage Act of 1965

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  • Duration: 4:58
  • Updated: 14 Dec 2016
  • views: 482
videos
Subscribe to RTD and share the educational videos... This is a brief walk through of the history on the United States money (coinage) focusing on the Coinage Act of 1965. This act was the final nail in the coffin of what was once a silver coin considered the people's money. Take four minutes and watch this RTD educational documentation and then share it with your family and friends that have no clue of their own national monetary history. For more great informative and educational videos from monetary experts on the future of the dollar watch RTD Interviews at RTD UNIVERSITY. The best monetary and financial education not available in a classroom - http://bit.ly/RTD_University
https://wn.com/What_Is_Fiat_Currency_A_Look_At_The_Coinage_Act_Of_1965
Workforce Chairwoman Seeks to roll back Obama Workplace Rules

Workforce Chairwoman Seeks to roll back Obama Workplace Rules

  • Order:
  • Duration: 3:06
  • Updated: 02 May 2017
  • views: 1393
videos
For the first time in 70 years the House Committee on Education and Workforce is being chaired by a woman. One America's John Hines spoke with Rep. Virginia Foxx (R-NC) about her ambitious agenda.
https://wn.com/Workforce_Chairwoman_Seeks_To_Roll_Back_Obama_Workplace_Rules
Fiat Money - Stock Market Manipulation  Illusion of Money p4

Fiat Money - Stock Market Manipulation Illusion of Money p4

  • Order:
  • Duration: 30:19
  • Updated: 20 Dec 2016
  • views: 3836
videos
Hello! This is part 4/4 of the webinar the Illusion of Money you can find the full version of this webinar in our archives. https://www.itmtrading.com/blog/itm-tradings-webinar-archive/ The biggest illusion of all is that fiat money has any value it has no value and tell you convert it into a good or service but what the founders knew is that people marry the legal money of the state.I know when I was born back in 1954 that there were dollars and the dollar in change in 1971 so they keep the name the same but it loses purchasing power all along the way because that's the design of fiat money so out of the original dollar's value you've got officially four cents left unless you think well that's not so bad because hey looks like it's trailing off this is what the purchasing power has done officially over the last year so even though that dollar is going up and they say be a strong dollar this is what's happening. 2008 Financial Crisis Was Just the Beginning part 3 of the Illusion of Money webinar. We have been doing a lot of Facebook live chats. (usually 2x a week featuring topics that are trending in the news) Join us for our next Facebook live chat. Make sure you follow us on Facebook and you will be notified of all our live talks. Follow us On Facebook by clicking this link or by going to Facebook.com/ITMtrading ITM Trading's free webinar series archive http://bit.ly/2bIQfWV Here you can find past recordings of our webinar series. New videos are usually added within 48 hours of the original webinar date. (text limit reached) To reserve a seat for our next live webinar: Call 1-888-own-gold or send us an email at services@itmtrading.com Shop for gold and silver online visit our ecommerce website http://bit.ly/2c02VIn To learn more about the benefits of gold please call us at 1-888-own-gold and ask for a free gold kit. Or you can order your free gold information kit online by clicking this link http://bit.ly/2bIjYOI
https://wn.com/Fiat_Money_Stock_Market_Manipulation_Illusion_Of_Money_P4
Why Massachusetts' Galvin Opposes Financial Choice Act

Why Massachusetts' Galvin Opposes Financial Choice Act

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  • Duration: 5:33
  • Updated: 28 Apr 2017
  • views: 277
videos
Apr.28 -- Massachusetts Secretary of the Commonwealth William Galvin discusses his opposition to the Financial Choice Act with Bloomberg's Scarlet Fu and Abigail Doolittle on "Bloomberg Markets."
https://wn.com/Why_Massachusetts'_Galvin_Opposes_Financial_Choice_Act
Wer gehört eigentlich zum deutschen Volk - alle die einen Personalausweis haben?

Wer gehört eigentlich zum deutschen Volk - alle die einen Personalausweis haben?

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  • Duration: 55:29
  • Updated: 29 Oct 2017
  • views: 289
videos
https://ddbnews.wordpress.com/2017/03/16/wer-noch-part-ei-en-waehlt-stimmt-seiner-unterdrueckung-selbst-zu/ https://ddbnews.wordpress.com/2017/03/16/erdogan-merkel-rutte-juncker-das-endspiel-hat-begonnen/ http://www.verfassunggebende-versammlung.com/ http://ddbradio.ru https://ddbnetzwerkvideos.com/ https://www.alliance-earth.com/constitution/ Vimeo Video Kanal: https://vimeo.com/user59926387 http://www.vv-stammtische-deutschland.de/ Audio/videos der VV: https://www.youtube.com/channel/UCsadWGY7Ohlf2vq5DE-YcDA/videos?shelf_id=0&view=0&sort=dd ddbagentur bei facebook: https://www.facebook.com/ddbagentur/ ddbnews auf wordpress: https://ddbnews.wordpress.com/ ddbnews bei twitter: https://twitter.com/ddbnews ddbnews bei VK: https://vk.com/id350680055 Selbstbestimmungsrecht der Völker: https://de.wikipedia.org/wiki/Selbstbestimmungsrecht_der_V%C3%B6lker https://www.youtube.com/channel/UC75UghPKIdDJiXSBhS4DwUQ
https://wn.com/Wer_Gehört_Eigentlich_Zum_Deutschen_Volk_Alle_Die_Einen_Personalausweis_Haben
Retail investors should adopt Bitcoin

Retail investors should adopt Bitcoin

  • Order:
  • Duration: 1:04:12
  • Updated: 24 Nov 2016
  • views: 59
videos
Whether the election of Donald J. Trump as President of the United States or the dismantling woes that affect India, the fastest growing economy in the world, no fiduciary currency is immune to geopolitical risks . Uncertainty on the road leading to fluctuations and volatility. When fiduciary currencies are under pressure, it is natural for people to look for alternatives. Gold is a traditional hedge, but with the emergence of cryptocurrencies, people have more than one or two options. Today they can watch many cryptocurrencies like Bitcoin and Ethereum and keep them not only as a bet against fiduciary currencies, as well as transactions in them and are free of government managed money. Woes of rupees make the case for Bitcoin Recent events have proved once again that the case for Bitcoin is strong. Take for example the Indian rupee, which is trading at a historically low level since the Modi government in India unveiled demonetization on midnight on 9 November, here in 2016. Since then, the rupee is very hard hit. On November 24, the rupee reached a record 68.85 against the US dollar during intraday trading on Thursday, according to the Economic Times. This was the fifth session of losing for the Indian currency. The Economic Times writes: "The sentiment in the currency market seems to be very low due to consistent sales by foreign investors in a context of demonetization and renewed concern about rising Fed rates." If we look at the total losses since pulling the mad politics 86 percent of Indian rupees was released on the market by the government, Indian currency lost 2.5 percent of its value against the dollar. So how does Bitcoin do in India? We discussed it in detail, but needless to say that it is negotiated at a premium. The Indian currency exchange Unocoin, a Bitcoin was available for Rs. 65,748-955 - compared to the price elsewhere, which was about $ 741.08. Bolivars Shooting in Bitcoins Elsewhere Bitcoin has also done well in times of uncertainty. In Venezuela, which has a coin death, people go Bitcoin. When a national currency feeds as bad as the bolivar, a stateless crypto-currency that gain value suddenly seems very attractive. It seems that at least some Venezuelans turn their Bolivar to Bitcoins to escape not only the spiral of devaluation in securities issued by the state or fiat currency, but in favor of a buoyancy price Bitcoin was harvested all year . Why Bitcoin The natural question is why Bitcoin is a good coverage against the risks that affect certain countries and regions? Well one thing about Bitcoin, which we are all aware of, is that it is virtually transparent. It can circulate across borders and is not controlled by a central authority. Because there is no central bank or the Ministry of Finance dictating the conditions, it is absolutely the case where it will not be influenced by irrational national politics or political uncertainties. Bitcoin is also practically immune to manipulation by nation-states and capital controls. These factors make Bitcoin currency ideal in times of difficulty and even though it took difficult times for people to realize this, the more people who use Bitcoin in adverse situations, the more it will be a revelation for others. Private investors must accept Bitcoin The problem with fiduciary currencies is that everyone thinks that what happened to Venezuela or Argentina or India can not happen on their own land. However, political uncertainty can affect relatively stable currencies and, as history has taught us, cause people to lose money and sleep. The crisis of the 1970s or the Euro crisis, in which Greece was tethering on the brink of bankruptcy, are timely reminders of what can happen even in European countries. Since its inception, Bitcoin has pretty much remained free of these risks and that is enough that everyone should consider a number of risks that require at least one means of diversification and reason coverage. Whether Brexit Trump, Modi or a fragile South American currency, Bitcoin is an option that can not afford the little investor to ignore and for those of you who are still not convinced, you can always wait for the touch Next crisis are adopters.
https://wn.com/Retail_Investors_Should_Adopt_Bitcoin
Exclusive Venezuela taps small banks to handle dollar deals

Exclusive Venezuela taps small banks to handle dollar deals

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  • Duration: 5:14
  • Updated: 21 Mar 2017
  • views: 18
videos
Venezuela's government is using little-known banks, including a small Puerto Rican lender, as intermediaries for some international trade operations after Citigroup (C.N) last year stopped providing such services, according to the owner of one of the banks and government officials. The government has turned to relatively unknown institutions to provide a service known as correspondent banking, as international banks are increasingly concerned about the risks of doing business with socialist-ruled Venezuela amid investigations into corruption and drug trafficking. It also coincides with complaints by President Nicolas Maduro that Venezuela is struggling to obtain financial services amid a severe economic crisis characterized by triple-digit inflation and chronic shortages. Government officials call the drug allegations a campaign against their administration by ideological adversaries in the United States, and insist Venezuela's problems are being caused by an "economic war." The situation does not affect payment of state oil company PDVSA's high-yielding bonds, which continue to be serviced by Citi due to contractual obligation, according to a 2016 letter from Citi to PDVSA bondholders seen by Reuters. The country's relationship with global banks is also complicated by a 14-year-old currency control system that requires businesses to acquire dollars through the government rather than private banks. Correspondent banks provide an essential service that allows countries to import goods and maintain links to the global financial system. Italbank, the Puerto Rican lender owned by Venezuelan entrepreneur Carlos Dorado, has served as one for Venezuela since 2016. Dorado told Reuters that Italbank offers correspondent services to state-owned Banco de Venezuela, which is the country's largest bank, and handles part of the government's offshore business transactions. "Our clients include private sector banks and state-run banks. One of those clients is Banco de Venezuela," said Dorado, who also owns Venezuelan currency exchange house Italcambio and a fashion business that distributes high-end clothing. He said about 10 or 15 percent of the dollar transfers from Banco de Venezuela go through Italbank. He added that another bank being used for correspondent services include southern Florida-based Eastern National Bank, partly owned by Venezuelan bank regulator Sudeban. A government official with knowledge of the transactions, who asked not to be identified, confirmed Eastern National was providing such services. Eastern National did not respond to emails and phone calls seeking comment. Nor did Sudeban, Venezuela's central bank, or its Information Ministry, which handles queries on behalf of the Finance Ministry. It was not immediately evident how much of the transactions Eastern National was responsible for, or which banks were carrying out the remainder of the transactions. "THANKS TO DORADO" Italbank's involvement has been crucial to ensuring basic imports following Citi's exit, the sources said. "Thanks to Dorado we have been able to pay for food imports," said a person close to the Venezuelan government who asked not to be identified, adding that the bank "has processed hundreds of millions of dollars in payments." Citi said last year it had halted correspondent services following a "periodic risk management review." Citi declined to comment for this story. Italbank opened in 2008 and says on its website it is focused on the Latin American market. It has a single office in San Juan and largely carries out operations online or by telephone. It operates under an offshore banking license in Puerto Rico, a U.S. territory. That gives it access to U.S. Federal Reserve payment services, allowing it to channel Venezuelan payments to foreign providers. Dorado said Italbank has an account with the Fed, but has to conduct transactions manually rather than electronically, which limits the volume of operations it can handle. He says the bank's procedures comply with U.S. financial regulations. The Fed declined to comment. PDVSA did not use Citi as a paying agent for a new bond issue last year, relying instead on Law Debenture Trust Company of New York, a provider of fiduciary services, according to the bond's prospectus. Wall Street banks worry that providing services to Venezuela could leave them with indirect financial links to the nation's commercial and political allies such as Cuba and Iran, which face various international sanctions, according to finance industry experts consulted by Reuters. They added that scandals - including U.S. authorities' designating Venezuelan Vice President Tareck El Aissami as a "drug kingpin" and the drug-related arrests of two nephews of the first lady - have boosted the perceived risk of doing business with Venezuela.
https://wn.com/Exclusive_Venezuela_Taps_Small_Banks_To_Handle_Dollar_Deals