GLOBAL SYSTEMIC CRISIS NEWS

he war against finance has been declared
Because we are seeing a war against “financial terrorism” in Europe. It’s the end of national economies being taken hostage by financial markets’ diktats. The politicians have started to change the rules of the game. Admittedly the sector isn’t easy against a powerful financial world and in battle order, having the Anglo-Saxon media, the lobbies and considerable financial means on hand. But Cyprus was the watershed.
LEAP/E2020 - Excerpt GEAB N°74 (April 16, 2013)
House set to pass tactical Republican debt bill
House Republicans are expected to pass a bill on Thursday that would require the Obama administration to prioritize government debt payments and retirement benefits if Congress fails to reach a deal to raise the U.S. debt ceiling...
Reuters
How China and Russia Came Together on Natural Gas Deal
President Xi Jinping's state visit to Russia in late March brought advances that could end nine years of tough talks between China and its northern neighbor over natural gas transmission...
Caixin
Immense défi pour le nouveau directeur de l’OMC
Le Brésilien Roberto Azevêdo promet de débloquer le Cycle de Doha lorsqu’il aura succédé à Pascal Lamy. Il ne s’est pas fait que des amis parmi les Occidentaux, puisque son pays est critiqué pour ce protectionnisme qui horripile l’organisation dont il prend la tête...
Le Soir
532 billion euros to rescue five countries
Cyprus is clearing the last hurdles for money to flow from the European rescue fund, ESM. Five eurozone states now have loans for half a trillion euros. Who pays what and who receives the loans?...
Deutsche Welle
University Endowments Trim Holdings in US Treasuries
Some of the smartest money in America is getting out of US government debt. Many university endowments have scaled back their holdings of Treasury securities from as much as 30 per cent in 2008-09 to zero in some cases, say people familiar with their investment strategies...
CNBC
China inflation data shows central bank policy dilemma
China's annual consumer inflation rose by more than expected in April while factory prices fell for a 14th consecutive month, highlighting the dilemma facing the central bank as it balances support for the economy against the threat of rising prices...
Reuters
Le Portugal émet de la dette à 10 ans pour la première fois depuis 2011
Après l’Irlande, c’est au tour du Portugal de retrouver progressivement le chemin des marchés. Mardi, Lisbonne a émis des emprunts d’Etat à 10 ans pour la première fois depuis début 2011, c’est à dire depuis que le pays a fait appel à l’aide de ses partenaires européens et du Fonds monétaire international (FMI)...
Les Echos
Germany softens stance on EU treaty change
The eurozone's planned banking union is "urgent" and should be created within the current EU treaties, German finance minister Wolfgang Schaeuble said on Tuesday (7 May) after previously suggesting a treaty change was needed...
EUObserver
U.S. may charge JPMorgan for power market manipulation: analysts
The regulator of U.S. power markets appears likely to pursue manipulation charges against JPMorgan Chase & Co (JPM.N), analysts said, after a New York Times report on the agency's document that seemed to lay out its case...
Reuters
China, ASEAN fully capable of safeguarding regional peace: FM
China and ASEAN members have reached consensus that the two sides are fully capable of maintaining peace and stability in the region, including on the South China Sea, visiting Chinese Foreign Minister Wang Yi said Sunday before wrapping up a five-day visit...
Xinhuanet
La CSU étouffe sous les scandales
Les journaux se penchent sur les affaires de népotisme et de corruption au sein de la CSU, l’Union chrétienne-sociale, branche bavaroise de la CDU de la chancelière Angela Merkel. Un mauvais augure pour les élections...
Deutsche Welle
Financial system under the microscope
Are banks healthy or weak? Is money flowing to speculative markets? How will the Federal Reserve respond if bubbles form due to ultra-loose monetary policy? ...
Market Watch
Ukip makes huge gains in local government elections
Ukip has delivered its strongest performance in local elections after making a series of gains across England...
The Guardian