Posts Tagged ‘benchmark’

US regulators fine Deutsche Bank $70mn for trying ‘to rig benchmark rate’

US regulators have fined Deutsche Bank, Germany’s largest lender, $70 million for attempted manipulation of a global benchmark for interest-rate derivatives and other financial instruments, AFP reports. The Commodity Futures Trading Commission (CFTC) said late on Thursday that the German bank’s subsidiary, Deutsche Bank Securities, “made false reports and through the acts of […]

China Readies Yuan-Priced Crude Oil Benchmark Backed By Gold

Above Photo: REUTERS/Andrew Cullen The world’s top oil importer, China, is preparing to launch a crude oil futures contract denominated in Chinese yuan and convertible into gold, potentially creating the most important Asian oil benchmark and allowing oil exporters to bypass U.S.-dollar denominated benchmarks by trading in yuan, Nikkei Asian Review reports. The crude oil futures will […]

VIDEO: China Sees New World Order With Oil Benchmark Backed By Gold

Yes, the world is about to drastically change where the east will have the upper hand. As you all know, east and west are opposite sides of the same coin. Since 1917 the west has been strengthening the east so it could some day rule the world. The sheeple, still believes there […]

Government To Pay Native Americans For Short-Changing Tribal Contracts

  Native Americans to receive compensation from government to cover costs of mandated federal programs on reservations Interior Secretary Sally Jewell and Justice Department officials together with leaders from the Oglala Sioux, Zuni Pueblo, and Ramah Chapter of the Navajo Nation plan to announce that the federal government will settle a […]

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