Skip to main content

Posts

Showing posts with the label Business

On November 8 Americans Will Decide Whether To Rescue The Bankers Or The Consumer

The author is a leading Russian economist, publicist, and TV and radio host. ( Wikipedia - Russian only ) Sometimes referred to as the "Russian Paul Krugman", he writes prolifically, and has a very large audience in Russia. His articles typically receive hundreds of thousands of views. He is known for explaining complex economic ideas in clear terms non-specialists can understand. He is a former senior economist in the presidential administration and a frequent speaker at international conferences. Recently, the Fed decided not to change interest rates. Various reasons were given, but as we know, there are two “parties” in the US, one which favors monetary easing, and the other, tightening, and each has arguments for their case. Economists are divided on how to proceed. They disagree on precisely this: which economic policies can facilitate growth in our times? A brief look at the last 50 years provides some context. In the 70s, household incomes fell, most of all...

Bill Gates Is No Longer The World’s Richest Person, This Man Is

mancio Ortega, the founder of the clothing line Zara, has replaced Bill Gates as the world’s richest person. Ortega and Gates switched the top position in a matter of a few minutes. Currently, Ortega is ahead with a net worth of $78 billion. The road to becoming the world’s richest person is full of ups and downs. The last few days have witnessed two billionaires going through those ups and downs to sit on the throne and become the world’s richest person. One the of them is Bill Gates, a name synonymous to the title “World’s Richest Person”. The second one is the co-founder of Zara retail clothing line, Amancio Ortega, whose dramatic stock performance made him climb the world’s billionaires list leaving behind Gates, Buffett, Bezos, and Zuckerberg in the below positions. Zara’s parent company Inditex’s 2.5% rise on Wednesday made Ortega surpass Bill Gates to become the richest man. The shares dropped by 2.8% on Friday, Ortega fell on to the second position and Gates took the lead...

Three Big Lies That Pervade America's 'News' Media

(This news-report is being submitted to virtually all U.S. national ‘news’ media, almost all of which are the very same ‘news’ media that hide these historical truths, which facts thus remain as «news» in America, since they still haven’t yet been reported as «news», even though they’ve now become history — history that’s suppressed in America.) The Big Lies that pervade the U.S. ‘news’ media are the ones that are essential to sustain in order for the deceived American public to accept the fraudulent basis upon which the U.S. regime of Barack Obama has ‘justified’ his economic sanctions against Russia, and his pouring of U.S. troops and weapons onto and near Russia’s borders: 1: Calling the bloody U.S. coup that overthrew the democratically elected President of Ukraine in February 2014 instead a ‘democratic revolution’ against him, which established ‘democracy in Ukraine,’ instead of established a dictatorship and a civil war there.

$55 Million in Cocaine Was Just Discovered at a Coca-Cola Plant

Hundreds of kilos of cocaine were found in a Coca-Cola plant in France last Friday, making the seizure of the drug one of the largest ever on French soil. French officials say the cocaine was discovered in backpacks among a shipment of orange juice concentrate that originated in Costa Rica. The 370 kg of literal coke uncovered at the factory is reported to have a street value of €50 million Euros ($55m) and was referred to as a “very bad surprise” by a local prosecutor. Authorities are currently unaware of who was behind the cocaine, but an investigation is now underway in Signes, a village in the south of France. Employees of the plant have already been ruled out as suspects.“The first elements of the investigation have shown that employees are in no way involved,” according to Jean-Denis Malgras, the regional president of Coca-Cola. Coca-Cola was originally called Pemberton’s French Wine Coca and contained a mixture of Peruvian coca leaves, kola nut, damiana, and c...