Archive

Italy Threatens to Veto EU Budget – No More Refugees

October 27, 2016

The Italian Prime Minister is calling for immediate help with the refugees. The EU refugee crisis is becoming a huge nightmare and Brussels refuses to simply admit it has made a bad decision. Italy is overwhelmed by the influx of refugees and is now calling for a fresh review. Italy cannot cope with a similar number of […]

Bankers: Have They Ever Been Good?

October 27, 2016

QUESTION: Mr. Armstrong: I hope you are well. I ask you: 1. What were the contributions to the economy and international trade, of the great bankers of the modern history, such as, Medici, Fugger, Welser, Berenberg, Rothschild and Morgan? I look forward to hearing from you as soon as possible. Sincerely, J.E.M.V. ANSWER:The contribution was […]

Merkel to Regulate Real Estate Loans

October 27, 2016

Merkel wants to regulate real estate loans in Germany. The Federal Government is planning to implement extensive regulations on real estate loans. Among other things, debtors will be required under certain circumstances to repay their loans within a given period. The Federal Government said on Monday that the draft law should be followed by recommendations […]