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NEWS

Quantitative Easing in the Eurozone: Let It Be, But Not Now

06.06.2014

On Thursday the European Central Bank (ECB) moved aggressively to boost a tepid economic recovery and ward off the threat of deflation by cutting its main interest rate to a record low 0.15%. The ECB also announced a series of steps to pump more cheap money into the eurozone. They include a series of new long term loans to banks ...

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Trustees and trustors

04.06.2014

There is a serious problem. Many would like to participate in MMM but they, let’s say, don’t have internet. Or they are just too lazy to understand and deal with all this. With all these assignments and so on. What if it could be like this: you transfer money and then you simply get it with interest. No bothering about ...

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It’s time for change

03.06.2014

If we don't change according to the progressive times we lack behind, said the declaration of MMM Kattar Revolutionaries Group (India). “When computers were introduced in India there was lot of criticism around, and today everything is dependent on computers. Similarly the physical currency is changing its way of operations worldwide. All the developing nations who have made progress ...

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Indians vote for Customs Union with Russia

03.06.2014

How do you think, should India enter the Customs Union with Russia and other countries? – asked a poll published on the site www.mmmindia.in. “Yes, it will not only increase our trade balance, but also will help to create a single Euroasian currency – answered 93% from almost 7700 voters. - We will stop to ...

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Goldman Sachs Gets Ecuador Gold Reserves

03.06.2014

The Central Bank of Ecuador “invested” gold held as monetary reserves in financial instruments in an operation with Goldman Sachs to boost the available cash. The three-year operation commit 466,000 ounces, worth about $580 million at current prices, and will generate between $16 million and $20 million in profits, depending on the international price of gold, the bank said. The country's ...

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