Banking in Switzerland on en.wikipedia is regulated by the Swiss Financial Market Supervisory Authority (FINMA) / (the Swiss government body responsible for financial regulation), (and) which derives its authority from a series of federal statutes. The country’s tradition of bank secrecy, which dates to the Middle Ages, was first codified in the Federal Act on Banks and Savings Banks, colloquially known as the Banking Law of 1934.[1] The regime of bank secrecy that Swiss banks are famous for came under pressure in the wake of the UBS tax evasion scandal, and the 1934 banking law was amended in 2009 to limit tax evasion by non-Swiss bank clients …; Continuer la lecture de « Banking in Switzerland … and some of it's actual problems – 1 »
China plans investment bank to break World Bank dominance
Published on Russia Today RT, June 26, 2014.
China is moving forward with a plan to create its own version of the World Bank, which will rival institutions that are under the sway of the US and the West. The bank will start with $100 billion in capital.
The Asian Infrastructure Investment Bank (AIIB) will extend China’s financial reach and compete not only with the World Bank, but also with the Asian Development Bank, which is heavily dominated by Japan. The $100 billion in capital is double that originally proposed, the Financial Times (FT) reported. Continuer la lecture de « China plans investment bank to break World Bank dominance »
Can Putin’s diplomacy prevail over Washington’s coercion?
Published on Intrepid Report, by Paul Craig Roberts, June 26, 2014.
Russia’s President Vladimir Putin is trying to save the world from war. We should all help him.
Tuesday, Putin’s presidential press secretary Dmitry Peskov reported that President Putin has asked the Russian legislature to repeal the authorization to use force that was granted in order to protect residents of former Russian territories that are currently part of Ukraine from the rabid Russophobic violence that characterizes Washington’s stooge government in Kiev. Continuer la lecture de « Can Putin’s diplomacy prevail over Washington’s coercion? »
The Soaring Profits of the Military-Industrial Complex, The Soaring Costs of Military Casualties
Published on Global Research.ca, by Prof. James Petras, June 24, 2014.
… In terms of cost to the United States, hundreds of thousands of soldiers who had served in the war zones have sustained severe physical and mental injuries, while thousands have died directly or indirectly through an epidemic of soldier suicides. The invasion and occupation of Iraq has cost the United States trillions of dollars and counting. Despite the immense costs to the American people, the military-industrial complex and the pro-Israel power configuration continue to keep the US government on a wartime economy – undermining the domestic social safety net and standard of living of many millions. Continuer la lecture de « The Soaring Profits of the Military-Industrial Complex, The Soaring Costs of Military Casualties »
Kiev nationalists clash with police outside Orthodox monastery
Published on Russia Today RT, June 23, 2014.
Ukraine nationalists have clashed with police outside the citadel of the Orthodox Church in Kiev, the Pechersk Lavra, as the churchgoers and monks were about to hold a peace service praying for an end to violence in Ukraine. Continuer la lecture de « Kiev nationalists clash with police outside Orthodox monastery »