The Federal Reserve approved an application Wednesday that will allow a Chinese state-controlled bank to take over a U.S. bank for the first time in history. When Industrial and Commercial Bank of China, China’s largest bank, completes its takeover of Bank of East Asia’s U.S. branch, it will gain control of 13 retail branches on [...]
Study: Money Is Cause of Most Arguments for Married Couples
May 7, 2012 | Posted by
The biggest source of conflict between married couples is money, according to a survey from the American Institute of CPAs. Researchers polled over 1,000 people and 27 percent cited financial woes as the topic most likely to start an argument. Jordan Amin, chair of the National CPA Financial Literacy Commission, believes this is because of [...]
West African Nations Financial Enslavement To France (Analysis)
May 4, 2012 | Posted by
An analysis of the continuing financial enslavement of West African nations to the French government. The West African Economic and Monetary Union (UEMOA) is an organization of eight West African states. It was established to promote economic integration among countries that share the Communauté Financière d’Afrique (CFA) franc as a common currency. The currency is [...]
