Saturday, 11 August 2012

Mahathir on Europe Crisis, Malaysian Election -Bloomberg

May 28 (Bloomberg) -- Former Malaysian Prime Minister Mahathir Mohamad, the country's leader during the 1998 Asian financial crisis, talks about current Prime Minister Najib Razak's government and timing for the next national election. Mahathir also discusses Europe's sovereign debt crisis and its implications for Asian economies, and the regulation of currency trading. He spoke in Tokyo on May 26 with Bloomberg Television's Aika Nanao. (Source: Bloomberg) All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways. NOTICE : The material posted in this blog is made available strictly for Information and educational purposes . The owner of this blog does not necessarily support or endorse the contents.

Friday, 20 July 2012

Will The Drought Dry Up Your Finances...The Alyona Show



Jul 19, 2012 by 
Well there's a number of economic stories that we need to get into today to forecast just what we're in for. For starters, Corn and soybean prices soared to record highs today as the US faces the worst drought in 50 years. Tom Vilsack, the US Agriculture Secretary told reporters that the only thing left to do is get down on your knees and pray....not so comforting if you ask me. Then, if we look back at a recent Federal Reserve report that showed that consumer credit rose by 8 percent in May, maybe we shouldn't exactly think that's a good thing. Sure, it means people are spending, but when they're putting it on plastic, how long can that really last? And, maybe some good news. The Consumer Financial Protection Burea slapped Capital One Bank with a 210 million dollar fine yesterday for deceptively marketing credit monitoring services to credit card customers. I guess we know why the banks fought the creation of the bureau so much. Alyona talks to Anthony Randazzo, the director of economic research for Reason Foundation and Stacy-Marie Ishmael, the Founder and Editor of Galavant Media.


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All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.NOTICE : The material posted in this blog is made available strictly for Information and educational purposes . The owner of this blog does not necessarily support or endorse the contents.

Thursday, 5 July 2012

Inside Story - Rigged bank rates: Is there more to come? Max Keiser



Jul 4, 2012 by 
In the wake of the bank rate-rigging scandal, Bob Diamond, Barclays chief executive, announced his resignation from the post with immediate effect, on Tuesday.

In a statement, Diamond, who faced mounting calls to step down, said he made the decision as the external pressure on the bank has reached a level that risks "damaging the franchise".

Barclays Bank was fined a record $450m last week, for attempting to manipulate the London interbank offered rate, Libor, during the financial crisis between 2005 and 2009. Libor is a measure of how much banks have to pay to borrow from their rival and is worked out every day from estimates submitted by the major banks of their own interbank lending costs.

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All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.NOTICE : The material posted in this blog is made available strictly for Information and educational purposes . The owner of this blog does not necessarily support or endorse the contents.

How Barclays manipulated the libor rates- Bill Black



Jul 3, 2012 by 
The Barclays Bank scandal centres around a key interest rate known as Libor. Al Jazeera's Dominic Kane reports on exactly what that is. We also speak to Bill Black, a former US banking regulator for more clarity on how this multi-million dollar fraud was perpetrated.

License:

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All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.NOTICE : The material posted in this blog is made available strictly for Information and educational purposes . The owner of this blog does not necessarily support or endorse the contents.