Brussels is going to bring about new steps in order to cope with the debts of European bank reserves. It decided not to undertake any further reforms to tackle the existing economic problems but rather to get rid of all cash.
To maintain the euro, they must maintain the banks. But the bank reserves consist of debts of all member states. As government becomes insolvent as in Greece, the banking system is undermined. The only way to prevent the banking collapse is to prevent people from withdrawing cash. Hence, we see this trend surfacing all the mainstream press to get the people ready for what is coming after 2015. We can even evidence this approach in major parts of Germany.
There will be no ability to buy or sell anything without government approval. That is where we are going and this may be the major event that erupts after 2015.
Thus, the European banking system may face totalitarian regime.
The bail-in that took place in Cyprus has further encouraged governments to safely continue on the course.
Read article in Russian on the Russian version of Pravda.Ru
Read more on the subject here
Over the past two months, the number of dollar billionaires in Russia has increased from 99 to 101 people, while their combined wealth has grown from $392 to $54 billion.
The prospective Russian unmanned underwater vehicle Poseidon will be launched for the first time this fall, a source in the military-industrial complex of Russia said.
According to the source, the Poseidon will be launched from the Belgorod nuclear submarine.
The vehicle has not been assembled yet - scientists only test separate components and units of the system.
Alexander Zhilin, the head of the Center for the Study of Public Applied Issues of National Security, believes that the underwater drone can be on alert and take part in military operations at any time without any restrictions. According to the expert, the drone provides enormous protection against external interventions.
In February 2019, the Ministry of Defense unveiled the first video of Poseidon's range operations. Putin later said that the drone carrier would be launched in spring.
Authorities of the Ukrainian National Bank will be checked for possible involvement in embezzlement of means which were allocated for refunding of a number of commercial banks. It was reported Sunday by Head of the Ukrainian National Anti-corruption Bureau Artem Sytnyk.
The Russian Defence company Rosoboronexport will sign a contract with India on delivery of 48 Mi-17V-5 helicopters and four frigates of the Project 11356P/M. While the deal on frigates, two of which will be built in Russia and two in India, will be concluded this year.
The Russian Central Bank is going to wait out years with oil price at the level of 40 dollars per barrel, while the Organization of the Petroleum Exporting Countries plans to carry out negotiations on agreement to reduce oil output. The Bloomberg analysts are at a loss whether Russia knows something the rest of the world is not aware of.