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"A society grows great when old men plant trees whose shade they know they shall never sit in." -- Greek proverb
Bidgear ad
The final votes have been counted. The BBB (farmers citizens movement) gained a staggering 17 seats and the ruling parties have suffered severe losses and won’t reach a majority - not even with the help of the Green Party + Labour.
Poland 'will be forced to enter war' if Russia breaks down Kyiv's defence
malterwitty
Mon, 03/20/2023 - 09:59
Poland's ambassador to France has cautioned there may be a scenario where Poland would need to enter the war in Ukraine which would bring Russian forces into direct conflict with NATO. In an interview for the French TV channel LCI, Jan Emeryk Rościszewski asserted that Kyiv must continue to defend Ukraine's independence or else other countries such as Poland and Slovakia may have to intervene.
China imported more gold from Switzerland last year and stepped up gold purchases from Russia, according to the latest import data releases.
Swiss exports of gold to China were at four-year highs in 2022, with China taking in 524 tonnes of gold worth around $33 billion. This is a massive increase from 354 tonnes reported in 2021 and the most since 2018, according to Swiss customs data.
China is the world’s number one gold consumer, followed by India, with a focus on retail investment and jewelry demand.
Swiss Bank Fails! Bail-ins Implemented as Seniors Pensions Raided Chaos in Europe as France Burns
MikeRivero
Mon, 03/20/2023 - 09:51
Credit Suisse, which was the second largest bank in Switzerland, and considered a “too big to fail” bank, has failed.
Swiss authorities rushed through a deal late Sunday in an attempt to prevent a whole-scale stock market crash before trading started in Asia, along with futures trading in the U.S.
Poland’s Ambassador to France Jan Emeryk Rościszewski said in an interview that a situation could arise in which Poland would have to enter the war. The embassy urged audiences to refrain from sensationalising his words.
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Dr. Jordan B. Peterson, Michael Yon, and Eva Vlaardingerbroek discuss recent events encircling the Dutch farmers protest, how their anti-globalist movement mirrors the Canadian Freedom Convoy, and how their message has resonated across the world despite best efforts to silence their voices.
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Update (1500ET): We finally have a deal, and what was at first a CHF1 BN acquisition priceof Credit Suisse by UBS, which then rose to CHF 2 BN, has now cranked up one final time to CHF 3BN (US$3.25 billion), or 0.76 per share, specifically shareholders of Credit Suisse will receive 1 share in UBS for 22.48 shares in Credit Suisse. As part of the deal, the Swiss National Bank is offering a 100 billion-franc liquidity assistance to UBS while the government is granting a 9 billion-franc guarantee for potential losses from assets UBS is taking over, i.
UBS IS BUYING CREDIT SUISSE IN BID TO HALT BANKING CRISIS
MikeRivero
Mon, 03/20/2023 - 08:06
Switzerland’s biggest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency rescue deal aimed at stemming financial market panic unleashed by the failure of two American banks earlier this month.
“UBS today announced the takeover of Credit Suisse,” the Swiss National Bank said in a statement. It said the rescue would “secure financial stability and protect the Swiss economy.”