Greek Government Issues Decree On Banks’ Reopening

The Greek government has issued a decree ordering banks to reopen on Monday, three weeks after they were closed amid the country’s debt crisis. The amount of money Greeks can withdraw is to be made slightly more flexible: with a maximum of 420 euros a week in place of the current strict limit of 60 euros a day. But other capital controls including restrictions...

Long Time K-TALK Engineer Passes Away………..

Dennis Mack Silver was born in Salt Lake City on November 30, 1941. His father Clarence Richards “Bud” Silver bought his mother Lucy May Carter Silver a portable radio to listen to in the hospital. Dennis’ love of radio may have stemmed from this early exposure. It is noteworthy that they listened to the bombing of Pearl Harbor on December...

Russians Pay Less Tax Than You – And Other Surprising (?) Facts

Russia gets a bad press. Literally. In fact Western media coverage of Russia is almost always extremely negative. That would be excusable if it was mostly accurate, but in fact it’s usually blatantly wrong. The reality of Russia is far removed from the fiction that we’re meant to believe. As investors, understanding the difference is essential. Here are...

Obama urged to impose sanctions on China over hacking allegation…

Republican presidential hopeful Senator Marco Rubio has called on US President Barack Obama to stop rhetoric against China and impose sanctions on the country over the hacking allegation.

Pentagon eyes three-year block buy of F-35s from fiscal 2018

The Pentagon said Friday it would talk to U.S. lawmakers about approving a three-year block buy of Lockheed Martin Corp F-35 fighter jets beginning in fiscal 2018 that would include U.S. purchases and international buyers. U.S. Defense Undersecretary Frank Kendall told reporters via teleconference from Oslo, Norway, that such a deal would not constitute a formal...

U.S. drops Cuba from list of state sponsors of terrorism

The United States formally dropped Cuba from a list of state sponsors of terrorism on Friday, an important step toward restoring diplomatic ties but one that will have limited effect on removing U.S. sanctions on the Communist-ruled island. President Barack Obama had said on April 14 he would drop the former Cold War rival from the list, initiating a 45-day...