| Articles related to Croatia |
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 | Mish - Global Economic Analysis |
| EU Deposit Insurance, a Bank Crisis in Italy and Greece, and the Coming Ban on Cash |
| Last week we investigated nonperforming EU loans and an EU proposal to freeze accounts if a run on a bank starts.
Today let’s investigate the EU’s deposit insurance scheme with the likely result being a ban on cash.
On July 19, with little media publicity, the EU Single Resolution Board issued a statement with this exact title: Press Release – Banking Union – Single Resolution Board collects €6.6 billion in annual contributions to the Single Resolution Fund, now reaching €17 billion in total.
FTuesday, August 1, 2017 |
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| Mish - Global Economic Analysis |
| Over €1 Trillion Nonperforming EU Loans: EU vs US Percentages |
| An EU report out this month shows nonperforming loans were a staggering €1.092 trillion as of the end of 2016.
The average non-performing rate in the EU is 5.1%, down from 5.7% in 2015. For comparison purposed, a World Bank Report has the US at 1.3%, Japan at 1.5%, and Canada at 0.6%
In contrast, Greece and Cyprus have NPL ratios of 46% and 45% respectively. Bulgaria, Croatia, Hungary, Ireland, Italy, Portugal, Slovenia, and Romania all have NPL ratios between 10% and 20%.
Non-Performing Loans
Friday, July 28, 2017 |
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 | Andy Hoffman - Miles Franklin |
| The 200 Week Moving Average War-And Why The Cartel Will Lose It |
| Yesterday, my MUST LISTEN Audioblog started with a discussion of this clip of soon-to-be French President Marine LePen humiliating soon-to-be ex German Chancellor Angela Merkel and soon-to-be ex French President Francois Hollande in front of the European Parliament. As when she wins, it will be blindingly apparent that Europeans want their sovereignty back, no matter what the cost. And believe me, the “cost” will be high. As in, the collapse of the Euro; mass default of hundreds of billions oFriday, March 3, 2017 |
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 | Egon von Greyerz - Matterhorn AM |
| As Europe’s Financial System Fails, Gold Will Rise |
| “The Die is Cast” for Europe and the EU. This is what Caesar said when he crossed the Rubicon in 49 BC marching towards Rome, leading to a major change in Europe’s history. The Italian referendum which took place on December 4 had a similar significance. The Brexit vote in which Britain decided to divorce from the EU started the breakup of the artificial construction of 500 million people being ruled by an unelected and unaccountable elite in Brussels. Even worse is an artificial paper currency,Monday, December 12, 2016 |
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| Egon von Greyerz - Matterhorn AM |
| As Europe’s Financial System Fails, Gold Will Rise |
| “The Die is Cast” for Europe and the EU. This is what Caesar said when he crossed the Rubicon in 49 BC marching towards Rome, leading to a major change in Europe’s history. The Italian referendum which took place on December 4 had a similar significance. The Brexit vote in which Britain decided to divorce from the EU started the breakup of the artificial construction of 500 million people being ruled by an unelected and unaccountable elite in Brussels. Even worse is an artificial paper currency,Thursday, December 8, 2016 |
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 | FOFOA - FoFOA |
The Debtors and the Savers 2016  |
| This being the anniversary of the new Freegold Speakeasy, I wanted to write a post for both sites. And after taking stock of the current state of affairs, as well as the changes over the past year that led us to where we are today, an updated Debtors v. Savers post was the obvious choice.
What I'm talking about, well… there are a lot of things that happened over the past year, but I think the main ones are the European migrant crisis which is tearing Europe apart, at least on ideological grouWednesday, May 11, 2016 |
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 | Chris Martenson |
| Chaos Volatility On The Rise |
| No, that’s not a ‘click bait’ sensationalist title. Things are getting ‘weird’ out there if you’re trying to be polite, and downright 'chaotic' if you're being blunt. Everywhere we look, we see signs that the systems that support us are breaking down.
The economy no longer spins off enough surplus for the elites to take what they consider their share with enough left over for everyone else. So the wealth gap grows unchecked into politically and socially destabilizing levels.
The oceans are raSaturday, May 7, 2016 |
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| Mish - Global Economic Analysis |
| EU Plans $290,000 Per Person Fine on Countries Refusing “Fair Share” of Refugees; Case For Brexit Crystallized |
| The European Commission plans fines of $290,000 per person on countries refusing to take in their fair share of refugees.
This plan is aimed straight at Poland, Slovokia, Hungary, the Czech Republic, and Austria.
The UK, Ireland, and Denmark all have opt-out policies, but the UK cannot expect that to last forever unless the vote goes for Brexit.
Punitive Fines
Today the EC fired a warning shot across the bow of countries who believe they have a right to control their foreign policies.
The annoWednesday, May 4, 2016 |
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| Mish - Global Economic Analysis |
| Merkel Warns of Chaos as 30,000 Refugees Bottled Up in Greece |
| Chaos Coming
Now that Balkan countries and Austria have closed the border to the North, 30,000 refugees are bottled up in Greece. More arrive daily.
In response, German Chancellor Angela Merkel wars of chaos. As to who is to blame for the chaos, the Chancellor ought to look in the mirror.
Merkel welcomed the refugees with open arms, and come they did, by the millions.
It’s time for plan “B” but Merkel does not have one. This led Austria and Nine Balkan Countries Effectively Tell Merkel Go to HelThursday, March 3, 2016 |
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| Mish - Global Economic Analysis |
| EU Pledged to Relocate 160,000 Refugees in One Year - Results So Far, 147 in Three Months |
| More Refugee Math
Up to 6,000 refugees pour into Greece every day.
Merkel offered to help countries like Greece with pledge to relocate 160,000 refugees.
Since September, the EU's relocation effort has moved precisely 147 refugees.
By the way, 6,000 a day is 2,190,000 a year
I said Merkel's relocation plan was idiotic the moment she hatched it, but I have to admit the results are far worse than even I expected.
Floundering Migrant Policy
The Financial Times reports Europe’s Leaders StrugglThursday, November 12, 2015 |
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| 24hGold - Yahoo |
| Eni (E) Receives Two Exploration Licences in Offshore Egypt |
| Eni SpA E has received two new exploration licences, North El Hammad and North Ras El Esh, located in the Egyptian offshore of the Mediterranean Sea. These blocks were awarded following the competitive 2015 EGAS bid round.Eni will operate North El Hammad with a participating interest of 37.5%. Other partners in the block are BP plc BP and Total SA TOT holding 37.5% and 25%, respectively. Eni has been awarded an interest of 50% in North Ras El Esh, while the remaining will be held by BP. BP will Tuesday, October 13, 2015 |
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 | Nathan Lewis - New World Economics |
| Parks and Squares 4: Smaller Squares |
| I've been describing the basic elements of Traditional City design.
They are: Streets (mostly Narrow Streets for People), Parks, and
Squares. Parks and Squares should have names, which include the words
"park" or "square." There isn't very much that doesn't fit into one of
these categories. If you are designing something, shouldn't it really
be one of these things? And if it isn't, why not? A lot of new design
these days has a very large amount of somewhat aimless, disorganized
space.
August
Saturday, October 10, 2015 |
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| 24hGold - Noodls |
| Release of H1 2015 Financial Information |
| PR_OPG_2015_H1_Results_FINAL_27.8.2015
28 August 2015 Press Release
Release of H1 2015 Financial Information Stabilization after 2014 Restructuring Early Termination of Safeguard Plan Net Loss of EUR 17 million
Key recent events
- Early Termination of Safeguard Plan Accepted: Following the successful completion of various projects and transactions, as well as its reorganization and restructuring that took place in 2014 and 2015, ORCO PROPERTY GROUP's (the "Company" and together with its subFriday, August 28, 2015 |
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| 24hGold - Yahoo |
| NATURAL GAS 4:22 pm Cheniere Energy enters into a sales agreement for the delivery of 100 mln MMBtus of natural gas, with lectricit de France (ECIFY); agreement extends throu |
| 7:06 pm Glaukos Correction: Co misses by $0.14, beats on revs (GKOS) : We earlier reported that the company missed on revenues. The prior comment has been deleted.Co reports Q2 (Jun) loss of $1.30 per share, excluding non-recurring items, $0.14 worse than the Capital IQ Consensus Estimate of ($1.16); revenues rose 60.0% year/year to $17.75 mln vs the $15.85 mln consensus.Gross margin for the second quarter of 2015 increased to approximately 82%, compared to approximately 79% in the same period iTuesday, August 11, 2015 |
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| 24hGold - Noodls |
| June 2015 Quarterly Report |
| GLOBAL TO ACQUIRE OIL AND GAS EXPLORATION INTERESTS IN NAMIBIA AND JUAN DE NOVA
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE: 30 JUNE 2015
JUNE 2015 QUARTERLY REPORT
The Board of Global Petroleum Limited ("Global" or "Company") is pleased to present its
Quarterly Report for the period ending 30 June 2015.
Summary
In 2014, the Company agreed with the Namibian Ministry of Mines and Energy ("MME") a 12 month extension of the Initial Exploration Period of its Namibian Licence until Friday, July 31, 2015 |
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| 24hGold - Noodls |
| Asset Review, Acquisition Update and Corporate Cost Reduction |
| 24 July 2015
Global Petroleum Limited
("Global" or "the Company")
Asset Review, Acquisition Update and Corporate Cost Reduction
Global Petroleum Limited - AIM: GBP, ASX: GBP - the oil and gas exploration company presently focused on emerging plays in Africa and the Mediterranean, announces an update in relation to the Company's assets, its acquisition strategy, and a programme to reduce corporate costs in response to the current oil and gas operating environment.
Asset update
Global'Friday, July 24, 2015 |
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| 24hGold - MarketWired |
| Ithaca Energy Inc Announces Sale of Norwegian Exploration Business - Transaction Completed |
| CALGARY, AB--(Marketwired - Jul 9, 2015) - Ithaca Energy Inc (TSX: IAE) (LSE: IAE) Ithaca Energy Inc. (TSX: IAE; LSE: IAE) ("Ithaca" or the "Company") announces that it has completed the transaction entered into with MOL Plc ("MOL") in April 2015 for the sale of its wholly owned subsidiary, Ithaca Petroleum Norge AS ("Ithaca Norge"). The initial consideration paid to Ithaca was US$60 million, with the Company having the ability to earn future potential bonus payments of up to US$3Thursday, July 9, 2015 |
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| 24hGold - MarketWired |
| Ithaca Energy Inc. Announces Sale of Norwegian Exploration Business |
| CALGARY, AB--(Marketwired - Apr 24, 2015) - Ithaca Energy Inc. (TSX: IAE) (LSE: IAE) Not for Distribution to U.S. Newswire Services or for Dissemination in the United States Ithaca Energy Inc. Sale of Norwegian Exploration Business 24 April 2015 Ithaca Energy Inc. (TSX: IAE) (LSE: IAE) ("Ithaca" or the "Company") announces that it has entered into an agreement to sell its wholly owned subsidiary, Ithaca Petroleum Norge AS ("Ithaca Norge"), for an initial consiFriday, April 24, 2015 |
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| 24hGold - Noodls |
| OIL Marathon Oil Announces Full-Year and Fourth Quarter 2014 Results |
| HOUSTON, Feb. 18, 2015 (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE:MRO) today reported full-year 2014 adjusted net income from continuing operations of $1.16 billion, or $1.70 per diluted share, and adjusted net income of $1.729 billion, or $2.53 per diluted share, excluding the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results. Reported income from continuing operations for full-year 2014 was $969 miThursday, February 19, 2015 |
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 | Mark O'Byrne - gold.ie |
| Ukraine Lurches to Full Scale War – Threat That Russia Drastically Reduces Gas Supply to EU |
| Ukraine lurched back toward full-scale conflict today as troops loyal to the new Ukraine government battled with pro-Russian forces for control of an eastern airport.Ukraine said yesterday that cease fire violations have surged to a new record, while the nation’s security council warned the unrest may spark a “continental war” and German Chancellor Angela Merkel called for emergency talks.It is worrying as it comes about at a time of increased maneuverings and posturing by NATO and the Russian aMonday, January 19, 2015 |
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