The news that China and Russia have signed a $400 billion deal through which Gazprom will supply China National Petroleum Corp with 30 years of natural gas is the clearest illustration yet that Russia will be looking east, not west, for international funding.
Last week, inWill China Save Russia With Investment?, I reported a series of new Russia-China deals were about to be launched by the two countries’ sovereign wealth funds, the Russian Direct Investment Fund and China Investment Corporation. Those deals have since been announced: they involve Vcanland, a developer of tourism infrastructure and senior living communities; the first ever railway bridge over the Amur River on the Russia-China border; and logistics services investment.In dollar terms, they may have involved as much as $1 billion of investment, but while the number itself is insignificant compared to the outflows Russia is experiencing, the trend is very important – and is underlined by the new gas deal.
Russia’s central bank says that $63.7 billion of money left Russia in capital outflows in the first quarter of this year; the IMF is forecasting $100 billion of outflows for the full year. Others think those numbers conservative. Russian access to the international capital markets has dried up, and with vast infrastructure needs – just think of the FIFA World Cup, coming up in 2018 – that is a problem. So what to do? It can’t get those sorts of portfolio flows anywhere else, but it can bolster its foreign direct investment, or other forms of international trade. And China, which does not share the west’s sense of outrage about Russia’s behaviour in Ukraine, is the perfect candidate.
English: Prime minister of Vietnam Nguyễn Tấn Dũng (Photo credit: Wikipedia)
CREDIT: REUTERS/EDUARDO MUNOZ
(Reuters) – Vietnamese Prime Minister Nguyen Tan Dung said his government was considering various “defense options” against China, including legal action, following the deployment of a Chinese oil rig to waters in the South China Sea that Hanoi also claims.
Dung’s comments, given in a written response to questions from Reuters, were the first time he has suggested Vietnam would take legal measures, and drew an angry response from China, which insisted the rig was in its sovereign waters.
“Vietnam is considering various defense options, including legal actions in accordance with international law,” Dung said in an email sent late on Wednesday, while on a visit to Manila. He did not elaborate on the other options being considered.
“I wish to underscore that Vietnam will resolutely defend its sovereignty and legitimate interests because territorial sovereignty, including sovereignty of its maritime zones and islands, is sacred,” he said.
China accused Vietnam of stoking regional tensions.
Chinese Premier Li Keqiang has promised his country’s assistance in providing robust infrastructure transformation for Nigeria and other African states.
To signal how seriously China, the world’s second-largest economy, takes its growing ties with Africa, Keqiang announced new funding commitments of $12 billion to Africa and Nigeria, the biggest economy on the continent.
“We will add $10 billion to our already committed credit lines to reach a total of $30 billion and put an extra $2 billion into the China-Africa Development Fund to reach $5 billion,” said Keqiang in a powerful speech at the first plenary session of the World Economic Forum (WEF), Africa yesterday.
“We will provide 18,000 scholarships to Africa and train 30,000 professionals of various types. The Chinese government means what it says, our co-operation with Africa will be based on mutual benefit,” Keqiang said.
Keqiang is visiting Nigeria with a 100-man delegation for the WEF Africa.
The Chinese and African economies are complementary to each other, according to Keqiang, with Africa needing investments, and China having surplus.
To realise inclusive growth, which is the theme of the WEF, infrastructure, especially transportation, must be at the fore front, and China would assist Africa in building high-speed rail networks, Keqiang said.
Africa currently has 23 percent of the world’s landmass, but only 7 percent of global rail lines.
China would also provide assistance for building and expanding Africa’s express and motorways, as well as build out a regional aviation network for the continent.
“China proposes a China-Africa regional aviation plan through an aviation joint venture with African partners,” Keqiang said. China will also support the movement of labour-intensive Chinese industries and enterprises to Africa to help with job creation.
English: One Dollar with the owl of the Illuminati (Photo credit: Wikipedia)
Illuminati – the Illuminati is a secret orginazation of the most powerful and influential elite in the world. They go back for centuries and maintain the same bloodlines. They set up the council on foreign relations,the bilderberg group and the tri-laterial commission. Those 3 groups all meet to plan the fate of the world. They consists of international bankers,top government officials,leaders in the energy cartel and media monopoly owners and have control over the U.N. and Unesco. Their subdivisions reach into everyones daily life without most sheeple even being aware of it. They also have ties to the freemasons,skull and bones, and the knights templar.Their ultimate goal is for a one world government which they will control,also a one world currency, and they want control and ownership of all land, property, resources and people. Also they manipulate political parties,and the legal and illigal drug trade and federal agencies related to all matters listed above.
Taken from urbandictionary.com One needs to read about Zagami below this article~jude
By Henry Makow PhD 1-7-7
At the New Year, Leo Zagami, 36, has an urgent message.
The Illuminati plan to “Nazify” the West by the year 2012 and persecute all believers in God, using the pretext of war, terror and economic collapse.
The scion of an ancient Illuminati family, Zagami had a religious conversion (to Islam) last June and rebelled. He’d had enough of the horrifying Satanic, black magic rituals, mind control and torture that was going on inside the lodges, behind closed doors.
On Saturday he posted on his web site Illuminati Confessions~[Website Taken Down]~jude
http://www.illuminaticonfessions.webfriend.it/#news1 names of high ranking Masons who are ready to do battle with the Satanists. He has organized his own security detail and even posted a personal phone number to answer serious questioners about his sincerity.
“These are the end times; it’s no joke,” Zagami says in an January 3 interview on his website.
“The cosmic alignment on the 21st of December 2012 gives you 6 years to prepare… So its about time you all wake up and fight for your right to stay free under one God before they take complete control and start persecuting the true believers in the one God. Get your swords and get ready to fight to defend your faith or perish. This is a war against Satan so please wake up in the western countries or you might wake up in a nightmare one morning in December 2012.”
“From 2010 you will start feeling the big changes in the air more and more but in 2012 you will have the clear evidence of the end of this civilization in front of your eyes.the total NAZIFICATION of the western countries by 2010 before the economic situation starts to badly crack for everyone. Then social tension will hit a peak never seen before and internal conflicts could eventually become in 2012: CIVIL WAR!”
“Are you ready to die for God and your believe in a positive change for the world or are you all a bunch of cowards in the hands of the devil, just talking and talking with no sense of reality?”
As an ex-member of the Comitato Esecutivo Massonico – Masonic Executive Committee (MEC) of Monte Carlo, Zagami was, until recently, a true insider, a 33rd degree Freemason, and a high-member of the infamous Freemasonic P2 (Propaganda 2) Lodge. He was the “prince”, prepared to take over from the older Illuminati “king”, Licio Gelli.
~oops greg likes the *F* word so if you don’t like that word, don’t watch ;) also I’ve been listening to the same noise for over 20 years now as they subdivide all the ranches that were surrounding & ummm putting in low income housing as a deal with the county in order to crowd everything together a bit more~jude
Ok, we’ve been patient in the Miracle Mile area since a greedy developer backed by some bank that no doubt got bailout money started this project on Olympic Blvd.
Five years ago they demolished this cute single family home, to lay a massive subterranean concrete bunker, er parking garage for a failed condo project to finally spend a month tearing it all out. I don’t think noise levels this high are even legal but since I’m not a lawyer and have to work for a living I don’t have time to pursue it. Seriously… who the hell is in charge in LA?
A sign of the times, our recovering economy. At least these contractors have some work.
~the working class would be the ones to pay for this…not the wealthy…They are just not going to give up…loll…~jude
Rio+20’s expensive wish list
$1,325 per American family for U.N. bureaucrats
By Paul Driessen and Duggan Flanakin
The NGO Major Group Organizing Partners have finalized their key document for the Rio+20 Summit. “The Future We Want” outlines the common vision for “sustainable development” throughout the planet sought by those nongovernmental organizations – mostly social and environmental activist groups. There are many noble sentiments in its 283 statements. There also is much that raises serious concerns. “Sustainable,” “sustainability” and “sustainable development” appear in the text an astounding 390 times. Like “abracadabra,” these amorphous words are supposed to transform even corrupt societies into Gardens of Eden under United Nations auspices. They will use less, pollute less, be sustainable, get along and save species and the entire planet from their worst enemy: human beings.
The affirmations, resolutions and guidelines are fascinating, but the funding mechanism is even more eye-opening. Results of the U.N. conference in Rio de Janeiro, which concluded Friday, calls for annual “donations” from the European Union and Annex II (Kyoto Protocol) countries amounting to 0.7 percent of their gross national product (GNP). With the combined GNP of contributing nations totaling about $45 trillion in 2010, the transfers would add up to $315 billion per year, or $3.2 trillion per decade.
President Obama and Secretary of State Hillary Rodham Clinton had previously committed the United States to provide $105 billion annually, based on our $15 trillion GNP. World Bank data for 2010 put U.S. per capita GNP at $47,340 – meaning each American family of four would pay $1,325 a year. That may seem like chump change compared to Obamacare or the Obama stimulus. But over a decade, U.S. citizens would be required to contribute well over $1 trillion to U.N. sustainability schemes.
To oversee this unprecedented wealth transfer to U.N. bureaucrats and NGO activists, architects of “The FutureWeWant” would establish “an intergovernmental process” to assess financial needs; consider the effectiveness, consistency and synergies of existing instruments and frameworks; evaluate additional initiatives; and prepare reports on financing strategies. Implementation of this grand scheme would be handled by an intergovernmental committee of 30 “experts” who would be accountable to no one, except perhaps the U.N. secretary-general.
The document reassuringly suggests that “aid architecture has significantly changed in the current decade,” and “fighting corruption and illicit financial flows [has become] a priority.” Diogenes would search in vain for evidence of this.
Indeed, the very idea of still more aid must be questioned. “Has more than $1 trillion in development assistance over the last several decades made African people better off?” economist Dambisa Moyo asks in her book, “Dead Aid.” Her answer is an emphatic no.
With all the controversy catalyzed by the enormously popular The DaVinci Code and its revelations of secret, metaphysical societies to which DaVinci, Isaac Newton and other famous visionaries of the time belonged, we thought might be useful as we approach America’s Independence Day to explore the metaphysical backgrounds and secret societies of our Founding Fathers. Here are excerpts from extensive research we did for our 1994 book on Spiritual Politics:
The most intriguing hint about the secret, metaphysical dimensions of the founding of America is not actually hidden at all–in fact it can be seen in millions of places today–on every one dollar bill, which displays the reverse of the Great Seal of the United States. Here is the All Seeing Eye of God or Spirit, placed above a pyramid–a symbol representing spiritual vision that is found in many secret societies, including the Rosicrucians and the Freemasons.
The pyramid was used by some ancient cultures, such as the Egyptian and the Mayan, as an initiation chamber. The All-Seeing Eye seems to be placed as a capstone at the top of the pyramid. If you stand at the base of the pyramid, there are many different viewpoints, depending on which of the four sides you are standing on and looking out from. But at the top, all the viewpoints unite, because there we see with the Eye of Spirit. What an important message for us today! The various religious and political groups stand at the base of each side of the pyramid, fighting for their limited view, when they need to climb higher to see the more inclusive, higher vision from the top—the radiant Eye of Spirit.
In March, Lisa Jackson, the EPA Administrator, visited a meeting in Paris for the Organization for Economic Co-operation and Development.
The EPA advised the media that she attended “to discuss the agency’s international efforts on urban sustainability.”
Friend, the EPA has absolutely no economic mandate sanctioned by law. And what does the EPA have to do with ‘urban sustainability’?
Now, Lisa Jackson and Hillary Clinton are about to touch-down in Rio to attend the UN’s Sustainable Development Conference where my team and I have already arrived.
I promise you, the UN conference has absolutely nothing to do with protecting the environment and everything to do with eliminating property rights and capitalism.
In fact, we found the following phrase in the draft document they plan to ratify at the end of the conference:
“In a transition to a green economy, public policies will need to be used strategically to reorient consumption, investments and other economic activities.”
It’s no wonder the UN is refusing CFACT a copy of the document while we’re in Rio, even though we’re officially registered with the UN conference.
We’ve already attended several pre-meetings with UN officials. At one meeting, an official panelist informed the audience that we need to sign a petition to enshrine the “rights of Mother Earth in national constitutions.”
She then told the audience that the UN should send “invoices” to individuals, corporations and governments for their eco-sins.
Everyone in the room smiled and approved.No one except for me spoke up for you!
Hillary and Lisa Jackson won’t do it either.
Thankfully the CFACT team and I were there. I had a chance to speak to the audience and plant seeds of doubt about sustainable development. And people listened to me. Through their entire bureaucratic careers, they’ve never heard another point of view.
To them, socialism and environmentalism is the same.
We’re showing Lisa Jackson and Hillary Clinton that it’s not going to be okay to ‘reorient consumption’, eliminate private property, and send America back to the dark ages.
I know you believe, like I do, that we need more Americans to speak-up to the international socialists who’ve been trying for decades to stop America’s path to prosperity.
It’s not without irony that we have one of the cleanest environments on the planet too!
Our path to prosperity simply works for humanity and nature too, and that’s why I am asking for your support right now.
The CFACT team and I are making sure your voice is heard. Will you help us keep the pressure on the socialists with an urgent contribution of $60, $100, $250, $500, $1,500 or even $2,500?
If this UN document, also called the ‘Zero-Draft ‘ document, is ratified, you can be sure that it won’t be long that local governments across the country will be adopting its measures.
And that’s the plan!
I can’t stress enough how dangerous this is for America and for yours and my freedom.