Tag Archives: paris


The Second Wave of The Depression: Hyperinflation is Likely

Center for Research on Globalization – The second wave of the world economic depression is coming soon. Larry Summers, the economics czar of the Wall Street puppet regime currently in power in Washington, recently confessed to the Financial Times in […]

Fixed income unit boosts BNP Paribas CIB revenues

Boston Globe – French bank BNP Paribas’s revenues from corporate and investment banking nearly doubled in the second quarter as robust investor demand boosted revenues from the bank’s fixed income business unit. BNP Paribas’s CIB revenues totaled 3.351 billion euros […]

Is the sun setting on London’s financial reign?

Globe and Mail – Paris, so far, has emerged as the most serious challenger. But Mr. Sarkozy may be his own worst enemy on this file. The reason: He and his German allies are wholesale supporters of the European Union […]

France to call for hedge fund crackdown

Focus Infomation – France on Friday will press for tighter controls on hedge funds, urging other big industrialised nations to strengthen regulation of the industry and compel banks that lend them money to hold more capital. Paris wants the European […]

JGBs jump on safe-haven bids after Lehman collapse

Reuters Tokyo – Japanese government bond futures soared by their daily limit of 3 full points on Tuesday and 10-year yields hit a five-month low on safe-haven buying in the wake of the collapse of Lehman Brothers. Global stock markets […]

Bernanke: ‘We have lost control’: Economist recounts talk with Feds Chairman

TMCnet – Several months ago, economist David Hale had a private meeting with Federal Reserve Chairman Ben Bernanke, who was trying to ward off a recession by lowering interest rates and increasing the money supply in the economy. The problem […]

Exxon to exit U.S. retail gas business

Reuters- Exxon Mobil Corp said it is getting out of the retail gas business in the United States as sky-high crude oil prices squeeze margins. Those branded service stations may be the most public aspect of Exxon’s business, but they […]

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