Search Results for: Citi
Airbnb cannot be treated as a real estate agency – European Court of Justice
December 27th, 2019
The European Court of Justice, Europe’s top court,delivered Airbnb a major victory as the company readies for its public debut next year. Airbnb cannot be treated as a real estate agency by European regulators, the European Court of Justice ...
150 years of bank credit expansion is near its end
November 22nd, 2019
The legal formalisation of the creation of bank credit commenced with England’s 1844 Bank Charter Act. It has led to a regular cycle of expansion and collapse of outstanding bank credit. Erroneously attributed to business, the origin of ...
Resolving creeping communism
November 15th, 2019
The thirtieth anniversary of the fall of the Iron Curtain coincides with a popular resurgence of communism and a drift into more socialism. A collective amnesia sees a return of the Soviet Union’s failed policies in a Marxist ...
Plans for a global Dystopia
November 14th, 2019
Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming increasingly linked. A monetary reset incorporating state-sponsored cryptocurrencies will enable ...
GDPR is missing the point, says Edward Snowden
November 14th, 2019
Europe’s data protection legislation is still missing the point and will remain a ‘paper tiger’ until internet giants are hit with big fines, according to NSA-contractor turned whistleblower and privacy campaigner Edward Snowden. The General Data Protection Regulation (GDPR) ...
Money and the theory of exchange
October 23rd, 2019
Evidence mounts that the global credit cycle has turned towards its perennial crisis stage. This time, the gathering forces appear to be on a scale greater than any in living memory and therefore the inflation of all major ...
Sterling pushes higher amid optimism over delayed Brexit vote
October 21st, 2019
The British pound erased all of its overnight losses against the dollar on Monday morning, with renewed optimism that U.K. Prime Minister Boris Johnson could soon pass his Brexit deal through Parliament. The currency initially slid 0.6% as markets ...
UK and EU strike new Brexit deal in last-ditch talks
October 17th, 2019
Negotiators from the U.K. and EU reached a draft Brexit deal in 11th-hour talks Thursday, although there are serious doubts that the agreement will be approved by U.K. lawmakers back in Westminster. Sterling rose on news after the U.K. ...
British pound broke a two-day rising streak
October 8th, 2019
The British pound broke a two-day rising streak and edged lower on Monday as concerns rose that sizeable differences between Britain and the European Union remained for striking a Brexit withdrawal deal. British lawmakers have passed a law requiring ...
UPDATE: European stocks fall
September 23rd, 2019
European shares were sharply lower Monday afternoon, as investors reacted to weaker-than-expected economic data and the collapse of one of the world’s most well-known tour operators. The pan-European Stoxx 600 was down around 0.8% during early afternoon deals, with ...