Featured Stories

US Court – All Banks Are Counterfeiters (Proved by Jerome Daly a humble lawyer from Minnesota)

Half a century ago, an event occurred in the United States that is comparable in importance to the creation of the Federal Reserve System. But if the history of the FRS is spelled out in all textbooks on economics, then this event is hushed up and is known to an extremely narrow circle of people… Those whom I call the “owners of money” (the main shareholders of the Federal Reserve) have done everything possible so that the event of the late 1960s does not receive much publicity. The media were ordered to keep their mouths shut. Professional bankers in America,

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US Economy – Ratings and Findings

According to the latest Wall Street Journal publication, approximately 60% of all debt bonds in the US economy have a junk rating of BBB. The other day, analysts at JP Morgan Chase and Goldman Sachs issued mutually independent reports but voicing almost identical conclusions. According to their calculations, the Fed’s tactic to flood the liquidity crisis with money does not work. Moreover, markets use repos to dump treasuries (which they “pledge”) and get cash. As a result, the Fed’s balance is rapidly swelling, and money doesn’t reach the real sector of the economy. And what should they do if, according

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Zombie corporations are grave diggers of the old economy

“Zombie corporations” do not make any profit, but exist by receiving more and more new loans. More and more different companies fall under this definition every year. If initially, when this phenomenon began to be detected, the definition of “zombie companies” included mainly various “venture startups” like “Uber”, which were not connected with production in any way, then gradually the situation worsened. At first, the majority of Elon Musk companies got into “unprofitable, but successful” ones. It was then that Ruslan Karmanov coined the term “high-tech imitation.” When instead of real high technologies, people (investors including) are force-fed with turtlenecks,

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Ethiopia’s first interest-free bank is gaining popularity

The first interest-free bank in Ethiopia, Zamzam, according to media reports, has sold a record number of shares in the history of Ethiopia’s financial sector. A local business news source said the bank sold $ 400 million in shares. This was reported by the Ethiopian news resource Borkena. The maximum number of shares acquired by an individual does not exceed 5% of the total authorized capital of the bank in accordance with the regulations of the National Bank of Ethiopia. The minimum portfolio of shares was 20 pieces with a total value of 1,000 Ethiopian birrs (about 30 US dollars).

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Misfortunes of fugitive Russian oligarchs in the West

The British have rich historical experience in taking away money from wealthy foreign oligarchs. The same fate befell the Russian oligarchs. Fleeing to London, despite their billions, they found themselves in a position of social outcasts Foreigner within Elena Baturina the wife of the former mayor of Moscow Yuri Luzhkov, became a persona non grata in London. Elena Baturina the president of Inteco Management Corporation, considered to be the richest woman in Russia, was not accepted into the British elite. The other day, she was simply dismissed from the board of the charity Mayor`s Foundation for London (MFL) – an

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Putin spies on young people’s internet activity

Russian President Vladimir Putin instructed the government to regularly conduct research on the Internet about consumer preferences and behavioral patterns of youth audiences. The corresponding document following the meeting of the Council on the implementation of state policy in the field of protection of the family and children was published by the Kremlin press service. The goal of the polls is “to raise the level of awareness of state authorities about the influence of the information environment on the formation of the views of the younger generation”. The decree instructs to create, on the basis of a non-profit organization, a

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Hydro fitness for dogs in St. Petersburg

In St. Petersburg, dogs are engaged in hydro fitness. They pump muscles on a special water simulator. However, the aquatic environment helps not only to pump up the muscles. Such training is prescribed to animals by veterinarians. “Many people choose this track for their dogs because water dampens the load on the joints, it’s much easier for many animals to tolerate walking, training, rehabilitation, and preparation for operations, rehabilitation after surgery”. Julia Zaitseva, trainer Julia Zaitseva is a fitness trainer. Her dog Bamboo visits the gym several times a week. Now preparing for competitions in Europe. The training lasts about

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State Duma of Russia is a puppet show for adults

A little bit about the basis of our democracy, its symbol, and stronghold – the deputies of the State Duma. When we were called to vote for the people’s representatives, we shouted loudly: they will monitor the executive branch, make its activities “transparent”, not a single violation will pass by them! What happened in reality? But in reality, another turbid wave of corrupt officials arose because the deputy (Duma member) is the same official: he gets a salary from the state for what he does or rather, he must do a certain job. According to competent sources, our people’s representatives,

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Why does soccer field have stripes?

I’m not addicted to football. I mean, I played as a child, but I did not become an ardent fan. I only watch matches of the international cups. So, seeing on TV such a striped football field, as in the photo above I always thought that it was painted. Whether the artificial coating was painted, or the grass was painted. What for? I didn’t ask a question. It may just be for beauty or it is more convenient to watch the ball against such a background. Now let’s find it out. On the one hand, they say that they do

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Zelensky is shocked by the publication of the transcript of his conversation with Trump

Before the meeting between Vladimir Zelensky and Donald Trump, they had telephone conversations. Usually, the conversation of world leaders after this is published. Transcripts appear on government websites. Later, an in-person meeting of the heads of Ukraine and the USA took place. According to Zelensky, they did not discuss the possibility of publishing a transcript. However, shortly after the negotiations, the White House posted it on its official website. Zelensky was surprised. President of Ukraine said that he did not expect their conversation to be published. As Zelensky noted, he thought that the White House will publish only the transcript

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It’s scary to live in Russia of today…

A comment from one of the Russian bloggers turned out to be so accurate that it determines the whole gamut of emotions that accompany Russians now. Fear reigns in Russia. When the Russians come to Europe, they often have the feeling of incredible peace – there are no police and security guards everywhere, no aggressive speech is heard, no one is in a hurry. Once they come back home they find themselves in some kind of painful society where violence and cruelty rule. It’s scary to live in Russia now, and it has almost always been like that, but especially

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Trump’s lawyer: a complaint by a U.S. intelligence officer could have been caused by a conversation with Zelensky

Rudolph Giuliani suggested that the corruption acts were committed by persons in Ukraine who “sought to set up” Trump An unnamed U.S. intelligence official could file a complaint with Michael Atkinson, Inspector General of Intelligence Services, over a telephone conversation between U.S. Presidents Donald Trump and Ukrainian president Vladimir Zelensky. This opinion was expressed on Thursday by Rudolf Giuliani on CNN. He was asked to comment on the article from The Washington Post, which claimed that Trump had some reckless phrase that concerned Ukraine and affected US national interests. “If the publications are true, then this does not change anything.

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The abolition of roaming between Russia and Belarus will be the first step towards the unification of the two countries

“Belarus and Russia have prepared a roadmap to abolish roaming in 2020. The roadmap is currently being approved and can be adopted by the end of the year” says the head of the Federal Antimonopoly Service of Russia (FAS) Igor Artemyev. If the roadmap is approved, another year will be required for production work to cancel roaming between countries. The only problem is that Russia, for its part, has completed the preliminary work, but Belarus has not yet completed it. According to Artemyev, the parties should have time to prepare and make all decisions on the transition to the end

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The court arrested one of the main assets of Poroshenko

We talk about the “Kuznya na Rybalskomu” – a shipbuilding and armament company in Kiev, Ukraine The Pechersk district court of Kiev seized property and corporate rights of the “Kuznitsa on Rybalsky” plant, which is part of the assets of ex-president of Ukraine Petro Poroshenko. This was announced on Tuesday by lawyer Andrei Portnov. Portnov said that the assets were seized in terms of a criminal case, which was opened on the basis of his statement “on the legalization and laundering of criminal proceeds and tax evasion,” adding that “the main defendants in the case are Poroshenko and Ukrainian businessman

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Shirtless on horseback Putin’s most revealing photos

Vladimir Putin frequently aroused sincere admiration throughout the world – the president is known not only for his balanced foreign policy but also for his love of outdoor activities. Photo reports from the trips of Vladimir Putin are very popular in the media landscape. Photos of Putin on horseback were repeatedly posted by the media. Photos of Putin with a naked torso have been a subject of particular interest. Netizens enthusiastically posted photos of Putin and exchanged delighted comments.   This picture even served as a source of inspiration for Photoshop artists who put Putin on a bear. No one

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