ASIA: Indian refiners and at least one European refiner is re-evaluating their crude purchases to make room for Iranian oil in the second half of this year, anticipating that U.S. sanctions will be lifted, company officials and trading sources said. At least one European refiner has held in-depth discussions with Iran’s state oil firm NIOC […]

COMMENT: Dear Marty Something strange is happening with the European banks. For some time banks such as ING or CITCO have been closing down our company’s bank accounts claiming they cannot do business if the UBO owns more than 25% of the company. Now we are finding it near impossible to open new accounts with […]

The cancelation of the Swiss currency is a serious issue for they are no longer legal tender already. Much of the 1,000 franc notes reside outside of Switzerland. They are replacing the notes with new ones which is in line with the problem with currency in Europe, to begin with. They are NOT eliminating all […]

I previously warned that Trudeau had a law passed as of January 1st, 2021 he can cancel the currency of Canada. Little by little, those countries who have joined Schwab’s World Economic Forum’s view that paper money must be eliminated and we must have only digital currency so everything is taxed. Now Switzerland, which has […]

ASIA: The International Monetary Fund said on Thursday the recent jump in COVID-19 cases in India posed downside risks to the Fund’s April forecast for 12.5% growth in India’s economic output in fiscal years 2021 and 2022. The IMF will revisit that forecast when it issued a fresh World Economic Outlook in July, IMF spokesman […]

  There is talk in Europe that some companies will not even write life insurance if you have been vaccinated for up to one year. In the United States, this does not apply. There has been talking about if you die within one year of being vaccinated the insurance company will not pay. This does […]

ASIA: President Joe Biden proposed a sweeping new $1.8 trillion plan in a speech to a joint session of Congress on Wednesday, pleading with Republican lawmakers to work with him on divisive issues and to meet the stiff competition posed by China. He said, “China and other countries are closing in fast,” adding that he […]

ASIA: India’s biggest oil refiner, Indian Oil Corp Ltd’s refineries are operating at about 95% of their capacity, down from 100% at the same time last month, Reuters reported. Coronavirus cases have surged in India, leading to curbs on movement across the country, a move analyst say could hit fuel demand in the world’s third-largest […]

Bernie Madoff died on April 14, 2021, at the Federal Medical Center in the federal prison in Butner, North Carolina, of the US Bureau of Prisons. A cause of death was not released, but it was probably kidney failure. In February 2020, Madoff had petitioned the courts for an early release from prison, stating that […]

ASIA: Cai Fang, a member of China’s central bank’s monetary policy committee, said China’s population is set to peak in just four years and a significant downturn in consumer demand will mark the milestone. Cai, who joined the central bank’s advisory body last month after retiring from the Chinese Academy of Social Sciences, said the […]