💢 It's happening: Scholz says "German banks are just fine" with Deutsche Bank’s sudden 14% slide as markets opened for trade

German Chancellor Olaf Scholz told reporters at an EU summit that Deutsche Bank is a profitable business with no reasons for concern.

French President Emmanuel Macron also told reporters in Brussels that the banking system is solid.

While European Central Bank President Christine Lagarde said the euro area is resilient because it has strong capital and solid liquidity positions.

The German lender “has modernized, organized the way it works. It is a very profitable bank and there is no reason to be concerned,” he said, according to a translation.

Shares of the German lender traded more than 14% lower at one point Friday after a Thursday evening surge for its credit default swaps — a type of contract to insure against a default. This comes just days after the emergency rescue of Credit Suisse

and the collapse of Silicon Valley Bank as well as several measures from authorities stateside to avoid contagion across the financial sector.

@NewResistance

RAF Eurofighters are seemingly providing escort for British intel flights around Ukraine, first time I have seen this before

Mamma bear slaps a school board silly with facts over inappropriate content in school books for pupils.

Well done 👏🏻

https://www.dailymail.co.uk/news/article-11846085/CEO-Silicon-Valley-Bank-sold-3-57-million-stock-dramatic-collapse.html

The CEO of Silicon Valley Bank sold $3.57m of stock in a pre-planned, automated sell-off two weeks before it collapsed

The CFO ditched $575,000 the same day.


CEO Greg Becker sold 12,451 shares at an average price of $287.42 each on February 27.

The price plunged to just $39.49 in premarket Friday before the Federal Deposit Insurance Corporation (FDIC) seized the bank's assets

WHY WOKEISM IS A RELIGION

Introducing the Taxonomy of Woke Religion

Many Americans would be surprised to learn any of the above information; some would reject it outright as false. Consider that,

Despite the decline in police killings of African Americans, the share of the public which said police violence is a serious or extremely serious problem rose from 32% to 45% between 2015 and 2020.

Despite the decline in carbon emissions, 47% of the public agreed with the statement, “Carbon emissions have risen in the United States over the last 10 years,” and just 16% disagreed.

Meanwhile, 46% of Americans agree with the statement, “Deaths from natural disasters will increase in the future due to climate change” and just 16% disagreed, despite the absence of any scientific scenario supporting such fears.

And despite the lack of good evidence, mainstream news media widely reported that the killing of trans people is on the rise.

China continues to actively sell US bonds. Their volume fell to the lowest level since the 2008 crisis.

‘Every day I force myself to want to live.’ While calls for a more tolerant attitude towards pedophiles are increasingly being heard in the West, it is worth recalling an experiment in Germany in the 1970s when orphan boys were given to pedophiles for education.

Here are the stories of two such men who lived with one foster father who regularly raped children. The boys, who are now adults, could not talk to each other because the guardian forbade any form of communication between his wards. At the same time, in Germany, a man was considered a very respected person who brings great benefits to society.

Follow: https://news.1rj.ru/str/PS_peoplesay

◾The 'Kentler Project' in West Berlin routinely placed homeless children with pedophile men, assuming they'd make ideal foster parents. A study has found the practice went on for decades.
Starting in the 1970s psychology professor Helmut Kentler conducted his "experiment." Homeless children in West Berlin were intentionally placed with pedophile men. These men would make especially loving foster parents, Kentler argued.

◾A study conducted by the University of Hildesheim has found that authorities in Berlin condoned this practice for almost 30 years. The pedophile foster fathers even received a regular care allowance.

◾Helmut Kentler (1928-2008) was in a leading position at Berlin's center for educational research. He was convinced that sexual contact between adults and children was harmless.

◾Berlin's child welfare offices and the governing Senate turned a blind eye or even approved of the placements.

◾Several years ago two of the victims came forward and told their story, since then the researchers at Hildesheim University have plowed through files and conducted interviews.

◾What they found was a "network across educational institutions," the state youth welfare office and the Berlin Senate, in which pedophilia was "accepted, supported, defended."

◾The researchers found that several of the foster fathers were high-profile academics. They speak of a network that included high-ranking members of the Max Planck Institute, Berlin's Free University, and the notorious Odenwald School in Hesse, West Germany, which was at the center of a major pedophilia scandal several years ago. It has since been closed down.

Berlin authorities placed children with pedophiles
https://amp.dw.com/en/berlin-authorities-placed-children-with-pedophiles-for-30-years/a-53814208

Saudi Arabia joins Shanghai Cooperation Organization as ties with Beijing grow

Saudis building long-term partnership with China despite US "security concerns"

#SaudiArabia has approved a memorandum on granting the kingdom the status of a dialogue partner in the Shanghai Cooperation Organization (#SCO), state news agency SPA said.

The SCO is a political and security union of countries spanning much of Eurasia, including #China, #India and #Russia.

#US #Dollar - Death of a Thousand Cuts

China and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as an intermediary.

#China is #Brazil’s biggest trading partner, with a record US$150.5 billion (S$200 billion) in bilateral trade last year.

The Industrial and Commercial Bank of China and Bank of Communications BBM will execute the transactions, officials said.

China has similar currency deals with #Russia, #Pakistan and several other countries. AFP

Some serious hardware heading to Ukraine, they will be fully loaded when their offensive starts. I sincerely hope Russia is ready for what's coming.


https://www.reuters.com/world/munitions-anti-tank-rockets-next-26-bln-us-pledge-ukraine-sources-2023-03-31/

How about we hide the vehicles under the cover of trees 😮‍💨🇷🇺😂

🇷🇺 Artillery and MLRS men ,hold my beer 🍻🍺

In life, sometimes everything happens like this.

Simple and to the point demonstration. Don't assume do your research, check facts and draw conclusions.

👉Join us @TrFormer💤