Tag Archives: 9 February

Moscow And Ankara To Trade In National Currencies – DenizBank – 9 February 2015

RT logoRussia and Turkey are working towards trade payments in national currencies, according to the president and CEO of Turkey’s DenizBank, Hakan Ates.

“We are ready to do everything to facilitate the transition to payments in national currencies. Such a transition is possible but our central banks have to make this decision. We’re already working in this direction but haven’t reached direct agreements so far. We have to make it happen,” Ates said on Sunday.

DenizBank is almost entirely owned by Russia’s Sberbank, which has been under Western sanctions since last summer.

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Le Pen Says Washington Attempting To Start ‘War In Europe’ – 9 February 2015

RT logoThe leader of France’s rightwing Front National (FN), Marine Le Pen, has called Brussels “American lackeys” over the EU’s Ukraine policy. She further accused Washington of attempting to start a “war in Europe” and expand NATO towards Russia’s borders.

Crisis in Ukraine is ‘all EU’s fault’ – France’s Marine Le Pen

“European capitals do not have the wisdom to refuse to be dependent on US positions on Ukraine,” Le Pen told French journalists on Sunday.

“Regarding Ukraine, we behave like American lackeys,” she said, before warning that “the aim of the Americans is to start a war in Europe to push NATO to the Russian border.”

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Hooded Gunmen Fire On Marseille Cops, French PM Valls Visiting – Police Source – 9 February 2015

RT logoA group of hooded gunmen armed with Kalashnikov rifles reportedly opened fire at police in the southern French city of Marseille. The attack came during a visit of Prime Minister Manuel Valls.

The shooting was reported by Reuters citing a police source.

Elite police troops were deployed at the scene of the shooting in the Mediterranean port city.

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ZeroHedge – Europe, US Risk Off After Greece Rejects European Ultimatum, Ukraine Peace Talks Falter – 9 February 2015

ZeroHedgeIn the absence of any notable developments overnight, the market remains focused on the rapidly moving situation in Greece, which as detailed over the weekend, responded to Europe’s Friday ultimatum very vocally and belligerently, crushing any speculation that Syriza would back down or compromise, and with just days left until the emergency Eurogroup meeting in three days, whispers that a Grexit is imminent grow louder. The only outstanding item is what happens to the EUR and to risk assets: do they rise when the Eurozone kicks out its weakest member, or will they tumble as UBS suggested this morning when it said that “the escalation of tensions between the Greek government and its creditors is so far being shrugged off by investors, an attitude which is overly simplistic and ignores the risk of market dislocations” while Morgan Stanley adds that a Grexit would likely lead to the EURUSD sliding near its all time lows of about 0.90.

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HSBC Exposed In Tax Evasion Data Leak – 9 February 2015

RT logoA new investigation exposes an HSBC subsidiary of helping royalty, criminals, terrorists, drug dealers, and even music stars such as Tina Turner and David Bowie to conceal their identities to dodge taxes.

The huge data leak revealed the names of more than 100,000 account holders from more than 200 countries at HSBC’s Swiss private banking arm. It has been reported by the Washington-based International Consortium of Investigative Journalists (ICIJ), which obtained the documents from the French newspaper Le Monde.

The documents shed light on the bank’s practice of courting rich depositors in exchange for protection from taxes from 2005 until 2007. During this period, the private banking armed controlled $100 billion in assets, according to Bloomberg.

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Payback Time? Greek PM Seeks Reparations Over Nazi Germany Occupation & War-Time Loan – 9 February 2015

RT logoPrime Minister Alexis Tsipras, referring to Nazi Germany’s four-year occupation of Greece and a forced war-time loan during World War II that saddled the Greek economy in huge debt, wants Berlin to pay reparations.

Tsipras, leader of the anti-austerity Syriza party, said Athens had a “historical obligation” to claim from Germany billions of euros in reparations for the physical and financial destruction committed during Nazi Germany’s occupation of Greece.

Beyond the historical obligation, he said Greece had “a moral obligation to our people, to history, to all European peoples who fought and gave their blood against Nazism,” he said in a keynote address to parliament on Sunday.

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‘Elections, Not Iran’: Israeli PM Accused Of Vote-Scoring, Risking US Ties At Congress Speech – 9 February 2015

RT logoIsraeli PM Benjamin Netanyahu is determined to deliver an Iran-blasting speech before US legislators despite sparking partisan rivalry in America. Critics accuse him of rising ties with the USA to score more votes at an upcoming election.

Netanyahu was invited to speak before the US Congress on March 3 by Republican House Speaker John Boehner in a move that sparked outrage in the Democrat camp. Boehner didn’t consult with White House before inviting the foreign leader, who intends to argue against a US deal with Iran on its controversial nuclear program. The Democrats view it as breach of protocol and an attempt to sideline the Obama Administration, which learned of the upcoming speech shortly before its public announcement.

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