Tag Archives: Warns

Number of Islamist radicals ‘at an all-time high’, warns German intelligence chief

German intelligence chief Hans-Georg Maassen has said that the security services are facing a record numer of Islamists. The news comes as world leaders announce the defeat of ISIS in Iraq and Syria, potentially prompting an exodus of fighters. The number of Islamist sympathizers is at an “an all-time high”, Maassen, the president of the Federal Office for the Protection ...

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Beware of bitcoin, India’s central bank warns investors

Published time: 8 Dec, 2017 14:52 As the world’s most valuable digital currency bitcoin continues its meteoric rise, financial regulators such as India’s central bank are issuing red alerts to remind investors of related risks. Read more “In the wake of a significant spurt in the valuation of many virtual currencies (VCs) and rapid growth in Initial Coin Offerings (ICOs), ...

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Kadyrov blasts Trump’s Jerusalem move as ‘crude,’ warns of full-scale war in Middle-East

Published time: 8 Dec, 2017 11:07 The head of the Chechen Republic, Ramzan Kadyrov, has described the recognition of Jerusalem as the capital of Israel by the US president as a stab in the back for those who tried to reach a settlement in the Middle East, and a step towards a new war. Read more In a message posted ...

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IMF warns over ‘large risks’ for China’s financial system

Published time: 7 Dec, 2017 14:47 The growing debt dependency at a “dangerous pace” by the world’s second-biggest economy, China, has raised International Monetary Fund (IMF) concerns. The fund has warned of large risks and imbalances. According to the IMF’s health check of China’s financial system, four-fifths of the country’s banks are at risk. China’s “big four” banks had adequate ...

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‘Gold price will explode & dollar get wiped out’ – warns investor Peter Schiff

Peter Schiff was among the few economists who correctly predicted the financial crisis in 2008. Ten years later, he sees another crisis emerging: a crisis that can crash the stock market and wipe out the US dollar. “I predicted a lot more than just the stock market going down back then. I predicted the financial crisis, but more importantly, I ...

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LA City Council pres. warns of legal weed regulation blind spots

On the verge of becoming the largest US city to regulate recreational marijuana, Los Angeles city council president and two members are already bracing for potential problems in the bureaucratic system’s structure. On Wednesday, the city council voted 12-0 in favor of the marijuana-related regulations which legalized the licensed sale and cultivation of marijuana in the Southern California city of ...

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EU warns US about ‘consequences’ of moving its embassy in Israel to Jerusalem

Published time: 5 Dec, 2017 23:35 EU foreign policy chief Federica Mogherini has warned the US against moving the country’s embassy in Israel to Jerusalem, saying it could jeopardize the peace process in the region. The decision, if acted upon, would threaten the “meaningful peace process” and the two-state solution, Mogherini said during a joint press conference with US Secretary ...

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Bitcoin is a ‘dangerous speculative bubble’ – Yale economist warns

Published time: 5 Dec, 2017 13:33 Edited time: 5 Dec, 2017 13:52 The bitcoin buying frenzy is a ‘toxic concept for investors,’ according to Stephen Roach, who’s described by Yale Univesity as one of Wall Street’s most influential economists. Read more “This is a dangerous speculative bubble by any shadow or stretch of the imagination,” Roach told CNBC. The Yale ...

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Theresa May ‘hanging by a thread’ as City firm warns of ‘nightmare’ Corbyn government

Published time: 4 Dec, 2017 09:55 Theresa May is “hanging by a thread” and businesses should prepare for Jeremy Corbyn to become Prime Minister, a leading City firm has said. CME Group, an American company, added that Labour taking power would be a “nightmare scenario” for the pound. The financial market company, which has a major office in the City ...

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Bitcoin ‘looks and smells’ like a bubble, warns investment guru Jim Rogers

Published time: 4 Dec, 2017 09:41 Cryptocurrencies are a speculative bubble reminiscent of any bubble seen in the history of finance, explains legendary investor Jim Rogers. Like any bubble, bitcoin can become larger, and bring further gains from the record highs, but also may burst, warns the analyst in an interview with Marketwatch. Read more “It looks and smells like ...

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