Tag: alternative

ESM Banking License? Not Happening as Merkel Allies Harden Opposition
July 31, 2012 0

ESM Banking License? Not Happening as Merkel Allies Harden Opposition

By News Desk

It won’t. Bloomberg reports Merkel Allies Harden Opposition to Granting ESM Bank License German Chancellor Angela Merkel’s coalition rejected granting the permanent euro rescue fund access to European Central Bank liquidity via a banking license, as the Finance Ministry said it saw no need for any such move. The rules of the European Stability Mechanism don’t provide for refinancing through the ECB, the ministry in Berlin said today in an e-mailed response to questions.

ESM Banking License? Not Happening as Merkel Allies Harden Opposition
July 31, 2012 0

ESM Banking License? Not Happening as Merkel Allies Harden Opposition

By News Desk

It won’t. Bloomberg reports Merkel Allies Harden Opposition to Granting ESM Bank License German Chancellor Angela Merkel’s coalition rejected granting the permanent euro rescue fund access to European Central Bank liquidity via a banking license, as the Finance Ministry said it saw no need for any such move. The rules of the European Stability Mechanism don’t provide for refinancing through the ECB, the ministry in Berlin said today in an e-mailed response to questions.

Foreigners Dump Nearly €80 Billion in Spanish Debt; Haircuts Come After More Dumping
July 29, 2012 0

Foreigners Dump Nearly €80 Billion in Spanish Debt; Haircuts Come After More Dumping

By News Desk

Foreigners Dump Nearly €80 Billion in Spanish Debt; Haircuts Come After More Dumping Through the first half of the year, foreigners reduced Spanish debt by Nearly €80 Billion as banks in Spain gobbled up more of the toxic garbage. Foreign investment in Spanish public debt has decreased by 7 €78.168 billion in the first six months of the year, standing at €203.271 billion euros, compared to €281.439 billion which reached the end of 2011. This is a break of 27.7% over last year

US Treasury: Al Qaeda Runs Syrian "Rebellion"
July 27, 2012 0

US Treasury: Al Qaeda Runs Syrian "Rebellion"

By News Desk

Friday, July 27, 2012 US Treasury: Al Qaeda Runs Syrian "Rebellion" US fails to sell militants in Syria as "freedom fighters," tells truth for pretext to liquidate monsters of their own creation.  by Tony Cartalucci  July 27, 2012 – The Wall Street Journal (WSJ) in its article, " Al Qaeda’s War for Syria ," cited officials from the US Treasury Department stating, "Al Qaeda in Syria (often operating as the "Al Nusra Front for the People of the Levant") is using traffickers—some ideologically aligned, some motivated by money—to secure routes through Turkey and Iraq for foreign fighters, most of whom are from the Middle East and North Africa. A growing number of donors from the Persian Gulf and Levant appear to be sending financial support." Photo : The "Free Syrian Army ," whose composition consists of not only Syrian sectarian extremists, but Libyan terrorists from the US State Department listed "Libyan Islamic Fighting Group" led by Abdul Hakim Belhaj , is the manifestation of years of US, Saudi, and Israeli aid since at least 2007. …