World Bank

GoldCore's picture

Safety Deposit Box Heist in London Reminder of Need for Insurance and Top Level Security





There appears to have been a shocking lapse in security surrounding the Easter weekend heist. The security lapse reflects badly both on the company and on the police. Holding tangible assets outside of the fragile banking system is a risky exercise, if the manner in which those assets are stored is not thoroughly secure and fully insured.

 
Tyler Durden's picture

Wall Street Reacts To China's Shocking Trade Data





Everyone was shocked by yesterday's Chinese March trade update which showed that while imports slid largely as expected, it was the 15% drop in exports, the largest in over a year, that prompted many to wonder just how big the global trade slump really is, masked by what has now become pervasive, global QE. This was the worst performance, exports and imports combined, since late 2009.  Below is a selection of responses by Wall Street analysts trying to justify how - with global equities, if only in local currency terms, at all time highs - China can be doing so badly.

 
Tyler Durden's picture

Renminbi-Rising: American Leadership In A Multipolar World





Giving up the spotlight is never easy. The United States, like many aging celebrities, is struggling to share the stage with new faces, especially China. The upcoming meetings of the International Monetary Fund and the World Bank – two institutions dominated by the US and its Western allies – provide an ideal opportunity to change that. The US must come to terms with the reality that the world has changed. The longer the US remains in a state of denial, the more damage it will do to its interests and its global influence, which remains substantial, if more constrained than before.

 
Tyler Durden's picture

One Last Look At The Real Economy Before It Implodes - Part 4





The implosion of America serves a very particular purpose. It is not a product of blind coincidence, fate, political stupidity or corporate greed. It is an engineered event meant to clear the way for an even more sinister economic environment designed to establish a final economic empire with the purpose of permanently enslaving us all.

 
Tyler Durden's picture

The Chinese Bank That Humiliated Barack Obama Is Hiring





Are you currently an official at a US-dominated multinational institution seeking an exciting new career opportunity? If so, The Asian Infrastructure Investment bank may be just the place for you...

 
GoldCore's picture

U.S. Hegemony and Dollar Threatened By New Chinese Bank





The era of infrastructure investment and multilateral banks and financial institutions controlled, in large part, by Washington - often as an aggressive strategic policy tool - has come to an end. 

 
Tyler Durden's picture

California: A Microcosm For Impending Global Water Crisis





The move by California to require mandatory cuts in water use for the first time in its history has highlighted the world’s looming water crisis and increased the focus on the links between sustainable water and sustainable energy. “We need a new paradigm,” says Steven Solomon, author of Water: The Epic Struggle for Wealth, Power and Civilization. “The days when we could just go further into the mountains and find new sources of water are past. We need to make better use of the water we have.”

 
Pivotfarm's picture

Stock-Market Crashes Through the Ages – Part II – 19th Century





Stock-market crashes saw the light of day more and more as the world became industrialized. The 19th century saw a rapid increase in their numbers.

 
Tyler Durden's picture

"US Has Screwed Up Its Approach To China's AIIB" Former US Secretary Of State Blasts





The Obama administration has "screwed up" on its way to deal with the China-proposed Asian Infrastructure Investment Bank (AIIB) and "should not have done in this way," former U.S. Secretary of State Madeleine Albright said on Tuesday.

 
Tyler Durden's picture

Why Putin Doesn't Need To Pander To The West





Russia possesses tremendous opportunity for growth and with no lack of suitors – east or west – Putin is in no hurry to pander to the US or EU hardliners.

 
Tyler Durden's picture

Finally The "Very Serious People" Get It: QE Will "Permanently Impair Living Standards For Generations To Come"





"In the long run classical economics would tell us that the pricing distortions created by the current global regimes of QE will lead to a suboptimal allocation of capital and investment, which will result in lower output and lower standards of living over time. In fact, although U.S. equity prices are setting record highs, real median household incomes are 9 percent lower than 1999 highs. The report from Bank of America Merrill Lynch plainly supports the conclusion that QE and the associated currency depreciation is not leading to higher global output. The cost of QE is greater than the income lost to savers and investors. The long-term consequence of the new monetary orthodoxy is likely to permanently impair living standards for generations to come while creating a false illusion of reviving prosperity."

 
Tyler Durden's picture

De-Dollarization Continues As Russia Seeks AIIB Membership





As Moscow and Seoul throw their support behind China's Asian Infrastructure Investment Bank, the question is no longer about the end of dollar hegemony but rather about the extent to which the new venture will be used to institute a global shift towards the yuan. 

 
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