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Brazilian economy overtakes UK’s, says CEBR

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Brazilian economy overtakes UK’s, says CEBR. Brazil has overtaken the UK as the world’s sixth largest economy, an economic research group has said. The Centre for Economics and Business Research (CEBR) said its latest World Economic League Table showed Asian countries moving up and European countries falling back. The CEBR also predicted that the UK economy would overtake France by 2016. GDP: $2.52tn ( 1.6tn); CEBR estimate for 2011. Exports in 2010 totalled $201.9bn*. Imports in 2010 of $181.6bn*. Brazi...

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Joe Biden Drafted the Core of the Patriot Act in 1995 … Before the Oklahoma City Bombing

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Joe Biden Drafted the Core of the Patriot Act in 1995 Before the Oklahoma City Bombing. The Core of the Patriot Act Was Drafted in 1995 By Joe Biden. Everyone knows that the Patriot Act was drafted before 9/11. But few know that it was Joe Biden who drafted the core provisions which were included in that bill in 1995. Months before the Oklahoma City bombing took place, Biden introduced another bill called the Omnibus Counterterrorism Act of 1995. The Center for National Securities reported. Grounds of st...

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Who Really Owns Your Stocks?

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Who Really Owns Your Stocks? By Jeff Berwick, Dollar Vigilante. Do you own stocks in a brokerage account? You may be surprised to find out that you don’t. Your brokerage owns them. These hidden risks are planting the seeds of tomorrow’s ultimate collapse In which there may be a system-wide collapse of broker dealers, taking down millions of investors, and ensuring permanent non-recoverable losses to an entire generation! MF GLOBAL WAS JUST THE FIRST TO GO DOWN. Several million private accounts may vanish...

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Iceland adopting the Canadian dollar?

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Iceland adopting the Canadian dollar? By Bill Mann, MarketWatch. PORT TOWNSEND, Wash. (MarketWatch) Will Iceland get loonie? Asked one major Canadian business publication last week. Is that troubled, isolated nation about to shun the European Union and the euro and adopt the Canadian dollar as its currency? The Bank of Canada, for its part, says it will be glad to sell Iceland all the Canadian notes and coins it wants. And that’s all it’ll say; it doesn’t comment on other countries’ monetary policies.

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Why China’s “Blindside” Could Be A Great Stock Market Buying Opportunity

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Why China’s “Blindside” Could Be A Great Stock Market Buying Opportunity. Jan 06, 2012 – 06:37 AM. Keith Fitz-Gerald writes: There’s not a day goes by that I don’t see some variation of the theme that China is going to crash, or that somehow that nation will blindside us, and that its markets may fall 60%. Each was a great buying opportunity, and following those meltdowns, our markets rose more than 371% from 1929 to 1932, more than 222% from 1949 to 1956, more than 128% from 1937 to 1942, and more than ...

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US Targets Bank in Mexico Money Laundering Crackdown

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US Targets Bank in Mexico Money Laundering Crackdown. In a move that may prove key in the fight against organized crime, the U.S. Justice Department is reportedly working to prosecute HSBC bankers for allegedly laundering Mexican drug money. The Justice Department investigation, still at the beginning stages, hopes to build cases against individual bankers at HSBC. Prosecuting individuals is their number one priority, a source close to the investigation told Reuters. Some reports have suggested that HSBC.

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China, Japan to Back Direct Trade of Currencies

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China, Japan to Back Direct Trade of Currencies. December 26, 2011 4:55 AM EST. And China will promote direct trading of the yen and yuan without using dollars and will encourage the development of a market for companies involved in the exchanges, the Japanese government said. Japan will also apply to buy Chinese bonds next year, allowing the investment of renminbi that leaves China during the transactions, the Japanese government said in a statement after a meeting between Prime Minister Yoshihiko Noda.

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Rioters beware: Police set to deploy £25,000 James Bond-style laser that temporarily blinds

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Rioters beware: Police set to deploy 25,000 James Bond-style laser that temporarily blinds. Shoulder-mounted device temporarily impairs the vision of anyone looking towards its laser. Originally invented to deter pirates from vulnerable cargo ships. Resembles a rifle and can hit targets 500m away with a wall of light up to four metres wide. By Chris Greenwood, Crime Reporter. 09:54 GMT, 12 December 2011. Police may be given a laser weapon that could repel rioters with a blinding wall of light. The system...

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U.S. gets burned by lax Canadian oversight

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US gets burned by lax Canadian oversight. By ROBERT MCCLURE, SEATTLE POST-INTELLIGENCER REPORTER. Updated 10:00 pm, Tuesday, June 12, 2001. VANCOUVER, B.C. — A miner’s headlamp, a 1930s stock ticker and a picture of oil oozing from the ground in 1914 are among the memorabilia in the reception room of what was known for 93 years as the Vancouver Stock Exchange. And when the venture collapses, the junior lacks the money to repair environmental damage — leaving American taxpayers to pay its bill. A gold-rus...