Danske Bank Lowers Negative Rate Threshold, Denmark’s Business Minister Says ‘Enough is Enough’

Danske Bank Lowers Negative Rate Threshold, Denmark’s Business Minister Says 'Enough is Enough'On April 26, 2021, the Danish multinational banking and financial services corporation Danske Bank published a press release explaining that the institution has changed the threshold for personal customers and standard interest rates for business customers in Denmark. The Bank plans to lower the threshold for charging negative interest on deposits from DKK 100,000 to […]

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The Global Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest Rates

The Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest RatesThe European Central Bank President Christine Lagarde is keeping the central bank’s monetary easing policies unchanged according to her statements from a press conference last Thursday. Moreover, the central bank’s Twitter account recently shared a video of Lagarde defending negative interest rates, as the bank’s President stresses that they “support companies and people in the […]

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Report: Banking Giant Natwest to Refuse Service to Businesses That Accept Cryptocurrencies

Report: Banking Giant Natwest to Refuse Service to Businesses That Accept CryptocurrenciesThe major retail and commercial financial institution National Westminster Bank (Natwest) has categorized cryptocurrencies as “high risk” and refuses to serve business customers who accept digital assets for payments. A Natwest board member, Morten Friis, explains the bank has no appetite for dealing with these types of customers as Natwest is taking a “cautious approach” […]

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300 Banks in Germany Charge Negative Interest Rates Including Deutsche Bank, Commerzbank, ING

300 Banks in Germany Charge Negative Interest Rates Including Deutsche Bank, Commerzbank, INGA new report reveals that more than 300 banks in Germany are now charging some customers negative interest rates. Some are big global banks, including Deutsche Bank, Commerzbank, and ING. 300 Banks Pass on the Burden of Negative Interest Rates to Customers Banks in Germany have been increasingly passing on the burden of negative interest […]

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Bank of England Moves Closer to Negative Interest Rates, Asks Banks if They Are Ready

Bank of England Moves Closer to Negative Interest Rates, Asks Banks if They Are ReadyThe Bank of England has moved closer to adopting a negative interest rate policy. The central bank has asked commercial banks in the U.K. to provide details of how ready they are to deal with negative interest rates, asserting that for the policy to be effective, commercial banks need to be ready to implement it. […]

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UK Mulls Over Negative Interest Rates, US to Keep Near Zero Rates for Years

UK Mulls Over Negative Interest Rates — US to Keep Near Zero Rates for YearsThe Bank of England is now seriously considering implementing negative interest rates while the U.S. Federal Reserve has pledged to keep interest rates near zero for years. Some analysts say even the Fed will soon consider negative interest rates. Meanwhile, many expect a boost to the price of bitcoin. Central Banks Mull Over Negative Interest […]

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Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates

Germany Enters Recession as Over 100 Banks Charge Negative Interest RatesGermany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in a recession according to data released Friday by the […]

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80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany

80 Banks Charge Negative Interest Rates as Crisis Deepens in GermanyAmid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small deposits. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed […]

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Disney World Economics: How Coronavirus Could Be Used to Justify a Global Financial Reset

Disney World Economics: How Coronavirus Could Be Used to Justify a Global Financial Reset‘What in the world is going on’ has now become a question of real pertinence, instead of just a cliché for common bewilderment. As COVID-19 panic grips the world, ripple effects are crashing markets and effectively canceling economies across the globe, scrawling the writing on the wall for something big. Even the beloved Walt Disney […]

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Max Keiser Predicts $400,000 BTC on Alex Jones Show, Jones Compares Bitcoin to ‘Power of Fire’ From the Gods

Max Keiser Predicts $400,000 BTC on Alex Jones Show, Jones Compares Bitcoin to ‘Power of Fire’ From the GodsThe moment many conspiracy-minded bitcoin enthusiasts have been waiting for arrived yesterday when Info Wars muckraker Alex Jones compared bitcoin to a “power of fire” gifted from the gods to humankind. The bold commentary took place in the context of a Max Keiser interview, in which the Keiser Report host declared a new $400,000 target […]

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