the unbalanced evolution of homo sapiens

The European Central Bank (ECB) has profited handsomely from its holdings of Greek government debt, according to a document seen by the Financial Times. A written response to a request from a Greek MEP showed the bank collected €7.8 billion in interest payments between 2012-2016 on Greek sovereign bonds acquired under its Securities and Markets bond-buying program (SMP). Profits are usually redistributed among the 19 eurozone central banks. In 2016, the ECB collected more than €1.1 billion in interest payments on the nearly €20 billion worth of Greek bonds it holds, according to German daily Suddeutsche Zeitung. An analysis from the Jubilee Debt Campaign estimated Greece’s other creditor, the International Monetary Fund, had made €2.5 billion from its loans to the country. According to Leo Hoffmann-Axthelm from Transparency International, the ECB’s participation in Greece’s bailout had led to a “conflict of interest.” “ The ECB expects rep

Just a month after JP Morgan Chase CEO Jamie Dimon slammed Bitcoin, calling the digital currency “a fraud,” the long-time cryptocurrency critic claims he won’t talk about it anymore, according to Bloomberg. “ I wouldn’t put this high in the category of important things in the world, but I’m not going to talk about bitcoin anymore, ” Dimon said Thursday as Bitcoin jumped to an all-time high. Dimon later remarked that his own company moves trillions of dollars a day, “ effectively digitally, ” adding that “ It’s not cash. ” It’s important to point out that JP Morgan Chase has reportedly tried to patent an alternative to Bitcoin and been rejected — 175 times. The company has also jumped on the blockchain bandwagon, as Chief Financial Officer Marianne Lake confirmed in response to a question on a conference call with journalists Thursday. “ We are very open-minded to the potential use cases in the future for digital currencies that are properly controlled and regu

Το ενδιαφέρον στη χώρας μας για την ετήσια σύνοδο του ΔΝΤ και τις ανακοινώσεις αναλύσεων που γίνονται παράλληλα, είναι λογικό να στρέφεται γύρω από τα θέματα που μας ενδιαφέρουν άμεσα, αλλά αυτή τη φορά το Ταμείο προχωρά σε ορισμένες ανησυχητικές επισημάνσεις για την παγκόσμια οικονομία. Σε έκθεσή του για τη διεθνή χρηματοπιστωτική σταθερότητα, ο διεθνής οργανισμός επισημαίνει ότι το σύνολο του χρέους (ιδιωτικό και κρατικό) των 20 πλέον ανεπτυγμένων χωρών έχει ξεπεράσει τα 135 τρισεκατομμύρια δολάρια και γίνεται όλο και πιο δύσκολο να εξυπηρετηθεί. Για να απαντήσουν στην κρίση του 2008, οι μεγάλες κεντρικές τράπεζες του πλανήτη κράτησαν τα επιτόκια χαμηλά και ταυτόχρονα τροφοδότησαν τις οικονομίες με ρευστότητα, με το λεγόμενο “τύπωμα χρήματος”. Το αποτέλεσμα είναι ότι οι οικονομίες ανέκαμψαν, αλλά λόγω των χαμηλών επιτοκίων ο παγκόσμιος δανεισμός αυξήθηκε και έχει φτάσει στα επίπεδα που προκαλούν ανησυχία στους οικονομολόγους του ΔΝΤ, ενώ την ίδια στιγμή

globinfo freexchange The man that could easily be considered the personification of the ruthless US deep state is back. Henry Kissinger comes at the right time in White House to provide 'expertise' on how to provoke a major conflict, especially now that the Sino-Russian bloc threatens the US world domination. As Mintpressnews reports:            While most reporting gave some context to Trump’s most recent meeting with top defense officials on tensions with Pyongyang, hardly any mentioned that the meeting had been immediately preceded by another. This meeting, also on the topic of North Korea, was held between the president and former Secretary of State and unindicted war criminal Henry Kissinger. [...] Given Trump’s bellicose rhetoric and threats towards North Korea – as well as his rejection of diplomacy in resolving the crisis despite both Pyongyang’s and his own State Department’s apparent willingness to attempt it – Kissinger’s timely guidance to the

"This is a setback for Brazil, that we sell a bank like Caixa, which is the operator of many social programs and infrastructure credit," a Workers Party leader said. The president of the Workers Party of Brazil denounced the government's attempt to privatize one of the largest banks in the country, Caixa Economica Federal. In what would be a first step toward ultimately selling the bank to private interests, the government of Michel Temer seeks to change the status of the bank through an internal decision that would make its privatization legal, according to Senator Gleisi Hoffmann from the Worker's Party, or PT. The workers of Caixa have also announced they will mobilize if the government doesn't assure the bank will remain 100 percent public. " Caixa has been one of the most important assets for the people, for being the main supporter of social policies of the Brazilian government, " Fabiana Uehara from the Financial