Category Archives: mon€y

Cyprus bail-out: savers will be raided to save euro in future crises, says eurozone chief

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Bruno Waterfield

By , in Brussels

5:11PM GMT 25 Mar 2013

Savings accounts in Spain, Italy and other European countries will be raided if needed to preserve Europe’s single currency by propping up failing banks, a senior eurozone official has announced.

The new policy will alarm hundreds of thousands of British expatriates who live and have transferred their savings, proceeds from house sales and other assets to eurozone bank accounts in countries such as France, Spain and Italy.

The euro fell on global markets after Jeroen Dijsselbloem, the Dutch chairman of the eurozone, told the FT and Reuters that the heavy losses inflicted on depositors in Cyprus would be the template for future banking crises across Europe.

“If there is a risk in a bank, our first question should be ‘Okay, what are you in the bank going to do about that? What can you do to recapitalise yourself?’,” he said.

“If the bank can’t do it, then we’ll talk to the shareholders and the bondholders, we’ll ask them to contribute in recapitalising the bank, and if necessary the uninsured deposit holders.”

http://www.telegraph.co.uk/finance/financialcrisis/9952979/Cyprus-bail-out-savers-will-be-raided-to-save-euro-in-future-crises-says-eurozone-chief.html

 

Apocalypse 2013 – part II

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VII  – The Warning to Mankind
VIII – The Great Tribulation (end of 2012)
XI – Prepare for The Warning, the Illumination of Conscience
X – New World Order Plan to control your money and food
XI – The skies will open during The Warning
XII – Prophecy at Garabandal will now become a reality
XIII – Two comets will collide, My Cross will appear in a red sky

MOODY’S: Even With The New Deal, Cyprus Could Still Default And Leave The Euro

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tritium exit sign

Cyprus finally reached a deal with the EU on how to bail out its troubled banking system tonight.

Nonetheless, the events of the past week have likely shattered confidence in Cypriot banks.

In a new piece, Moody’s analyst Sarah Carlson argues that the financial crisis in Cyprus “will have profound long-term negative consequences for the sovereign,” and that “even in the best-case scenario, where the Cypriot parliament passes and implements measures that the euro area governments of the European Union, European Central Bank and International Monetary Fund (collectively known as the Troika) find acceptable, the sovereign will remain at risk of default and exit from the euro area for a prolonged period.”

Germany’s finance minister has warned Cyprus that its crisis-stricken banks may never be able to reopen

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Germany’s finance minister has warned Cyprus that its crisis-stricken banks may never be able to reopen if it rejects the terms of a bailout.

Wolfgang Schaeuble said major Cypriot banks were “insolvent if there are no emergency funds”.

He was speaking after the Cypriot parliament rejected an international bailout deal that would have imposed a one-off tax on bank deposits.

http://www.cyprusexpat.co.uk/blog/read/id:3160/germany-warns-cyprus-that-banks-may-never-open-again#.UUlGyCptSNU.twitter

 

Cosa sta succedendo a Cipro?

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Cipro, Banca centrale blocca fuga denaro

Impediti anche movimenti da conto a conto in stesso istituto

17 marzo, 17:04

(ANSA) – NICOSIA, 17 MAR – La Banca Centrale di Cipro ha dato disposizione a tutte le banche e agli istituti di credito dell’isola di bloccare i trasferimenti di denaro e i pagamenti dei loro clienti. Lo riferiscono oggi i media ciprioti. In particolare, il sito web ’24H’ rivela che la Banca Centrale, con una lettera inviata ieri alle banche, ha chiesto loro di bloccare ”qualsiasi forma” di pagamento sui conti presenti nelle loro succursali, compresi anche i trasferimenti da conto a conto sulla stessa banca.

march 13th 2013 – The false prophet is ready

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He has been sent to dismantle My Church and tear it up into little pieces

On March 8, 2013 @ 2:05 pm

My dearly beloved daughter, Satan is in a rage against My Church on earth and his infestation continues to spread within its walls.

The cunning imposter, who has lain in waiting in the wings, patiently, will soon declare his reign over My poor unsuspecting sacred servants. The pain he will inflict is too hard for Me to bear, and yet, his reign will culminate in the final purging of evil from within the core of My Church.

He has carefully manipulated his position and soon his pompous demeanor will be seen amidst his splendid court. His pride, arrogance and self-obsession will be carefully hidden from the world in the beginning.

To the outside world, a sigh of relief will be heard as the trumpets peal out to announce his term as head of My Church.

My Body is My Church, but it will not be to Me, Jesus Christ, he will pledge his loyalty, for he does not possess any love for Me.  His loyalty is to the beast and how he will laugh and sneer at My sacred servants who will support him. 

He who dares to sit in My Temple, and who has been sent by the evil one, cannot speak the truth, for he does not come from Me. He has been sent to dismantle My Church and tear it up into little pieces before he will spit it out from his vile mouth.

My Body is My Church. My Church is still alive but only those who speak the Truth and adhere to the Holy Word of God can be part of My Church on earth.

Now that the final insult is to be manifested against Me, Jesus Christ, through the Chair of Peter, you will finally understand the Truth.

The Book of Truth, foretold to Daniel, for the time of the end, will not be taken lightly by members of My Church, for its content will sicken My beloved sacred servants when they realise that I speak the Truth.

The false prophet – he who poses as the leader of My Church – is ready to wear the robes, which were not made for him.

He will desecrate My Holy Eucharist and will divide My Church in half and then by half again.

He will make efforts to dismiss those loyal followers of My beloved Holy Vicar Pope Benedict XVI, appointed by Me.

He will root out all those who are loyal to My Teachings and throw them to the wolves.

His actions won’t become apparent immediately, but soon the signs will be seen as he sets out to seek the support of influential world leaders and those in high places.

When the abomination takes root the changes will be sudden.

Announcement by him to create a united Catholic Church by linking up with all faiths and other religions will come soon after.

He will head up the new one-world religion and will reign over pagan religions. He will embrace atheism by wavering the stigma he will say is attached in the pursuit of so-called human rights.

All sins, in the Eyes of God, will be deemed acceptable by this new inclusive-Church.

Any one who dares to challenge him will be sought out and punished. Those priests, bishops and cardinals who oppose him will be excommunicated and stripped of their titles. Other will be bullied and persecuted with many priests having to go into hiding.

To those poor sacred servants of Mine who recognise My Voice now, please hear Me as I reach out to you to bring you comfort. I would never ask you to reject My Church on earth for it was I, your beloved Saviour, who created it. I offered My Body up as the Living Sacrifice to save you. You have been given the responsibility to testify on My behalf in order to save the souls of those whom you instruct and guide.

All you can do is trust in Me and continue to serve Me. What you must not do is to accept any doctrine presented to you and which you will know, instantly, is not in accordance with My Teachings.  You must do what your heart tells you, but know this.

This period is going to cause you deep pain and the raw grief you will experience when you see how My Church will be desecrated will leave you weeping. But you must recognize the lies which are to be presented to you for what they are – an affront to My death on the Cross.

This destruction may result in the collapse of the structure of My Church.

The changes and adaptations of buildings along with the new temple created for the one world church will be crafted and placed in Rome. 

Be assured that, just as My Temple is desecrated, that I, Jesus Christ, the Saviour of all mankind, will be discarded and thrown into the gutter.

Your Jesus

http://www.thewarningsecondcoming.com/he-has-been-sent-to-dismantle-my-church-and-tear-it-up-into-little-pieces/print/

Withdrawn: $114 Billion From Big U.S. Banks

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Photograph by Noah Berger/Bloomberg

More than $114 billion exited the biggest U.S. banks this month, and nobody’s quite sure why.

The Federal Reserve releases data on the assets and liabilities of commercial banks every Friday. The most current figures, covering the first full week of 2013, show the largest one-week withdrawals since the Sept. 11, 2001, attacks. Even when seasonally adjusted, the level drops to $52.8 billion—still the third-highest amount on record, and one for which bank experts and analysts were reluctant to give a definitive explanation.

http://www.businessweek.com/articles/2013-01-23/missing-114-billion-from-u-dot-s-dot-banks