Business

Submitted by John Rubino via DollarCollapse.com,

Anyone closely following the Panama Papers tax haven story, is by now familiar with the role that Rothschild plays in providing virtually identical services right inside the US by the Rothschild Trust, as explained in our recent article "Rothschild Humiliates Obama, Reveals That "America Is The Biggest Tax Haven In The World."

They are also probably familiar with the name Andrew Penney profiled in January by Bloomberg as follows:

Submitted by Rakesh Upadhyay via OilPrice.com,

The actions and intentions of Saudi Arabia and Russia - the two largest oil-producing nations attending the Doha meeting on 17 April - have dashed all hopes of any fruitful outcome. The most important meeting of the last three decades, which has promised to forge new friendships and a new cartel, is turning out to be the biggest farce, even before the curtain is raised.

With speculation of helicopter money in Europe spreading like wildfire, here is a simple summary of how the ECB may have no choice but to go with the "final solution" and engage the "chopper" for one simple reason: by pushing bond yields lower, the ECB is now actively impairing the functioning of Europe's banks, and it's getting to the point where European bank stocks are now back to crisis lows, leading to questions about their viability. Here is the explanation courtesy of DB's Jim Reid.

When we last looked at order of heavy, or Class 8, truck one quarter ago - that all-important, forward looking barometer of domestic trade - we said that even with 2015 in the history books, and as we start 2016 where the base effect was supposed to make the annual comps far more palatable, the latest, January data, as abysmal: "the drop continues to be one of Great Recession proportions, manifesting in yet another massive 48% collapse in truck orders in the first month of the year as demand appears to have gone in a state of deep hibernation."