Billionaire George Soros said dollar appreciation and capital flight from emerging markets could lead to another major financial crisis.
In his opinion, such a development of events primarily threatens the European Union.
The main reasons for the future crisis, Soros called the disruption of the Iranian nuclear deal and the “destruction” of the transatlantic alliance of the EU and the USA.
He said that both of these events will necessarily lead to a negative effect on the European economy and other problems, including the devaluation of the currencies of developing countries.
He also recalled the European migration crisis and the austerity policies that brought populists to power in Italy.
Soros also referred to “negative phenomena” as “territorial disintegration” – Britain’s exit from the EU.
“Everything that could go wrong went wrong. The wording “existential danger” for Europe is no longer a figure of speech, but a harsh reality, ”said Soros.
Earlier, American billionaire George Soros accused Google and Facebook of monopolizing the market and deliberately developing the audience’s addiction to their services.
Budget hole. Who brings the UN to bankruptcy?
According to the results of the 1st quarter of 2014, the profit of the largest bank in the USA in terms of assets decreased by 19% and amounted to $ 5.3 billion.
According to the report of JP Morgan per share, earnings amounted to $ 1.28, which is 19.5% less compared to the same indicator recorded for the same period last year.
Experts surveyed by Bloomberg forecast this figure at $ 1.46 per share.
The bank’s revenue decreased by 8% compared with the same result last year and amounted to $ 23.9 billion. The result also turned out to be worse than forecasts of experts who expected the figure to be $ 24.5 billion.
JP Morgan set a record among US banks for litigation expenses, the amount of which for the five years from 2008 to 2013. exceeded $ 18 billion. The bank has already been fined by the US and UK authorities in the amount of $ 920 million in the case of the London Whale Bruno Ixil, whose actions caused damage of $ 6 billion.
There are no tuples there: Parubiy in London took the subway (photo)
The head of the Verkhovna Rada of Ukraine Andriy Parubiy took advantage of the London Underground during a working trip.
The photo from a trip in public transport, the speaker of Rada posted on Twitter.
In the commentary, the politician added that on Tuesday, June 12, his official visit to the UK began. He was heading to parliament.
Over the next three days, Parubiy will hold a series of working meetings in London and Edinburgh.
Russian Ambassador to Germany Demands Apology from London on “Skripal Case”
Great Britain must recognize the Skripal affair as a mistake, Sergei Nechaev said. He called London’s apology a condition for the return of Western diplomats expelled from Russia. Russia’s ambassador to Germany, Sergei Nechaev, is expecting an apology from the UK authorities on the Skripal case. Nechaev said this on Sunday, May 27, in an interview with dpa. According to him, an apology from London is a prerequisite for the return of Western diplomats expelled from Russia.
“British friends” must recognize the whole situation as “a big mistake or a big lie,” Nechayev demands. He called on Britain to “turn the wheel of history.”
Former GRU officer Sergei Skripal and his daughter Julia were found unconscious in Salisbury on March 4. According to London, they were poisoned with the highly toxic Novichok substance developed in the USSR. British intelligence agencies believe that the poison was produced in Russia. The poisoning led to a serious crisis in relations between Western countries and Russia.
Great Britain blamed the crime on Moscow. London allies in the EU and NATO supported this position. The Russian side categorically rejects the allegations.
About three dozen countries announced the expulsion of Russian diplomats in solidarity with Britain, Russia responded with mirror measures and began to expel Western diplomats. Due to the deterioration of relations, nearly 300 employees of 50 diplomatic missions were deported.
On May 18, it became known that Sergey Skripal was discharged from the clinic in Solbseri. His daughter was discharged from the hospital and taken to a safe place on April 9. In her first interview after discharge, Julia Skripal said she did not yet want to turn to the Russian embassy for help.
The Russian ambassador to Germany does not exclude the return of the ex-agent’s daughter to Russia, since Julia has Russian citizenship. In turn, Julia said that in the future she hopes to return to Russia, but so far plans to stay in the UK to take care of her father and wait for his full recovery.