[cia-drugs] Internal financial crisis at the IMF
http://www.brettonwoodsproject.org/art.shtml?x=538439 Internal financial crisis at the IMF News|Bretton Woods Project|19th June 2006|update 51|url The impetus for the IMF strategic review has come as much from pressure to reform the institution as from a crisis in its finances. This stems from early repayments by its biggest borrowers, Brazil and Argentina (see Update 49). Now Indonesia, currently the second largest debtor to the Fund with nearly $8 billion outstanding, has promised to repay half of the country's outstanding debts this year, with the balance to be settled in 2007. The Bank of Indonesia indicated it may even repay the second half of the debt before the end of 2006, at least 5 years earlier than the projected date for full repayment. This is despite a devastating earthquake hitting the country just 15 months after the tsunami that struck at the end of 2004. Smaller countries are also joining the trend. In May The Statesman newspaper in Ghana reported that the government there would exit its IMF-supported poverty reduction and growth facility programme by October, repaying its loans because IMF fiscal constraints prevented the government from borrowing in private markets. Serbia announced its intention to repay its debts of $983 million to the IMF earlier than expected. It was reported on 16 May that the country had indicated its intention to the IMF, but that the exact details of repayment are still to be worked out, pending the resolution of the division of debts after Montenegro's decision to split from Serbia. This would leave the Fund with less than $20 billion in outstanding credits, its lowest in over 20 years. Just three years ago it had nearly $100 billion in outstanding loans. The bulk of the remaining credits is lent to Turkey, where there has also been discussion of early repayment. Academics Devesh Kapur and Richard Webb state in a paper for a March G24 meeting, "The de facto exit of its clientele, driven by the combination of high political costs associated with Fund borrowing and growing availability of alternatives, now poses an unprecedented challenge for the Fund, in particular on its income." Facing this growing budget gap, the managing director drafted a committee of international experts, including former US Federal Reserve chairman Alan Greenspan, to advise the organisation on its finances. The committee, comprised of central bankers and senior management from private sector investment banks, is tasked with advising the Fund on possible sustainable sources for financing its administrative and surveillance expenses. They are expected to report back in the first quarter of 2007. In addition, the Fund established an investment account. Instead of funding all of its administrative expenditures out of fees and interest on lending, the IMF plans to earn income by investing a portion of its reserves in government securities. The irony is that the nearly $9 billion in reserves can only be invested in government securities denominated in the 4 reserve currencies - the dollar, the euro, the pound and the yen - meaning the Fund will be helping, in part, to underwrite the very current account imbalances in the US that it should be working to resolve. The Fund is also reportedly instituting a one-off adjustment to its salary scale as part of its efforts to rationalise its finances. One wonders whether the Fund will be as good at implementing austerity programmes in-house as it is in designing them for its borrowers. __._,_.___ Complete archives at http://www.sitbot.net/ Please let us stay on topic and be civil. OM SPONSORED LINKS United state bankruptcy court western district of texas United state life insurance United state patent United state patent search United states patent office United state flag YAHOO! GROUPS LINKS Visit your group "cia-drugs" on the web. To unsubscribe from this group, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service. __,_._,___
[cia-drugs] Mercosur and Mexico's election
http://www2.eluniversal.com.mx/pls/impreso/noticia.html?id_nota=32339&tabla=articulos Mercosur and Mexicos election BY FRED ROSEN/The Herald MexicoEl UniversalLunes 19 de junio de 2006Every election takes place in a global context. A century ago, strongman Porfirio Díaz lamented that Mexico was so far from God and so close to the United States. One hundred years later that context has broadened to include Mexicos proximity to a sovereignty-minded set of nations in South America. While the challenges of those nations to U.S. financial and political dominance has placed them on the global left, Mexico, under its last few administrations, has remained apart from those challenges, and instead drawn closer to its northern neighbor. By design or by happenstance, President Vicente Fox has become Washingtons point man in the Americas. He has injected himself firmly on the U.S. side of the escalating, acrimonious debate between Washington and the countries of the South American Common Market (Mercosur) particularly Venezuela by categorizing as self-defeating and populist (an empty term meant simply to demonize) those South American leaders who oppose the U.S.-promoted Free Trade Area of the Americas (FTAA), and who seek to use control over their energy resources to gain greater independence from Washington and transnational financial powers. NEOLIBERAL DEFENDERS Is this an ideological conflict? Maybe. It certainly pits the powerful against the less powerful. And it is certainly how it is perceived. As much because of this global positioning as anything else, Foxs National Action Party (PAN) and its presidential candidate, Felipe Calderón, are thought to represent the global, neoliberal right. But do global alliances alone determine ideological positions? Do the pro-U.S. Chilean Socialists occupy the same ideological space as the Church- and business-oriented PAN? Does the anti-privatization stance of Democratic Revolution Party (PRD) candidate Andrés Manuel López Obrador determine his likely hemispheric alliances? Maybe not. Political strategy frequently masquerades as ideology, and carefully constructed ideology as simple pragmatic strategy. This is, by and large, the case in the current set of contentious relations among the countries of the Americas where hemispheric power relations closely resemble philosophical conflicts. When voters in Colombia re-elected the pro-U.S. Álvaro Uribe on May 26 it was widely seen as a defeat for the hemispheric left. When Bolivians elected indigenous labor leader Evo Morales last December, it was seen as a defeat for Washington. These perceptions are only partly correct. In both cases, national histories Colombias long civil war and Bolivias delicate ethnic relations played huge roles. And on both sides of the divide, one cannot ignore a large measure of pragmatic calculation to achieve similar ends: a greater degree of national independence and economic well-being. As Mexicos campaign enters its final two weeks, the hemispheric left and right both feel they have a stake in the outcome, but the foreign policy debate remains pragmatic. Should Mexico allow itself more breathing room by avoiding political isolation and maintaining its protective relationship with the United States? Or is that same breathing room more likely to be achieved by taking a step or two backward, toward a more independent relationship? While different politicians have answered that question according to their ideological predilections, it remains a very practical question. The stakes are consequential; the risks are closely calculated. While Morales nationalization of Bolivias oil and gas reserves this past May 1 risked alienating transnational energy investors, the risk has been lessened by the understanding (if not quite full support) he has received from the South American nations committed to regional solidarity and the building of an integrated domestic market. Shortly after his decree, Morales met in Buenos Aires with the presidents of the three key members of Mercosur, Brazils Lula da Silva, Argentinas Néstor Kirchner and Venezuelas Hugo Chávez. Brazil and Argentina are the two main consumers of Bolivian gas, which they had been receiving at discounted prices. They are understandably concerned about the impact nationalization will have on the price and availability of what has become an indispensable energy resource. Chávez, a strong supporter of Morales, attended as a mediator. Chávez has gained considerable influence in the Americas, mainly for his willingness to supply Venezuelas plentiful oil throughout the region from the Caribbean to the Southern Cone under favorable payment and credit arrangements and even under barter deals. He has been using these arrangements not only to boost his own influence, but also to promote the eventual economic integration of all the Americas
[cia-drugs] China to cement ties with South Africa
http://www.mg.co.za/articlePage.aspx?articleid=274780&area=/breaking_news/breaking_news__business/ China to cement ties with South Africa Abhik Kumar Chanda | Johannesburg, South Africa 19 June 2006 07:56 Wen Jiabao this week embarks on the first visit to South Africa by a Chinese premier in 50 years as the continental powers join forces to push the developing world's agenda in the global arena.The landmark visit on Wednesday and Thursday underlines the importance Beijing accords to Pretoria eight years after they established diplomatic relations."We have realised that this is one of the most important countries," Chinese ambassador to South Africa Liu Guijing told Agence France-Presse in an interview."Economically it is the most powerful country in the continent. Although the land is only four percent of the African total and the population is about five percent of Africa's total, its contribution to the GDP of the whole continent is around 25%," he said.Ties between the two powerhouses have expanded after apartheid South Africa shunned diplomatic relations with China, allying instead with Taiwan, another international pariah during that epoch.Wen's visit, part of a seven-nation African tour, comes ahead of the first Asia-Africa summit to be hosted by China later this year and a key Group of Eight summit in Russia with leading developing countries in attendance including China and South Africa.South African Deputy Foreign Minister Aziz Pahad said Wen's trip "comes at a very important time I believe when we are trying to consolidate South-South cooperation with a view to improving market access, trade and investment".He said it was a perfect opportunity ahead of the G8 summit to "prepare a coherent South approach" on such issues such as energy security, climate change, health care and education."China shares similar positions with us with regard to the governance of the global economic system," he said. "China has the potential to be an effective ally in this regard."During the visit, Wen and South African President Thabo Mbeki are due to sign an agreement, formally called the Programme of Cooperation and Deepening Strategic Partnership.They will also discuss proposed reforms of the United Nations, stalled World Trade Organisation (WTO) negotiations and the Iran and North Korea nuclear crises, according to Chinese and South African officials."We both are in favour of reforming the UN so that it can pay more attention to development issues and also we are in favour of enhancing the effectiveness of the United Nations. Until now it has been concentrating too much on talking," ambassador Liu said.He said the other topics to be discussed were trade reforms, greater market access and tariff-free trade and trying to maintain some momentum in the WTO's Doha round of negotiations, launched in 2001 with the aim of tearing down barriers to commerce.China has so far not played a high-profile role in the negotiations, leaving Brazil and India to steer a developing world bloc that is battling for more concessions from the wealthy.Pahad said the visit would also be used by Pretoria to seek Beijing's help to consolidate the the New Partnership for African Development (Nepad), a homespun programme to end poverty and bad governance in Africa, which has made little progress so far.But there are irritants, linked to the huge imbalance in trade. South Africa accounts for 20% of China's trade with the continent. Bilateral trade equalled $7,2-billion in 2005, a fourfold increase over 2000.But Pahad said that Chinese goods comprised nine percent of South Africa's total imports but accounted for only three percent of total exports, adding that this anomaly would be addressed during Wen's visit. - AFP __._,_.___ Complete archives at http://www.sitbot.net/ Please let us stay on topic and be civil. OM YAHOO! GROUPS LINKS Visit your group "cia-drugs" on the web. To unsubscribe from this group, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to the Ya
[cia-drugs] Rothschild to value BAE Airbus stake sale -sources
http://today.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?view=CN&storyID=2006-06-19T091232Z_01_L19458239_RTRIDST_0_TRANSPORT-BAESYSTEMS-AIRBUS-URGENT.XML&rpc=66 Rothschild to value BAE Airbus stake sale -sources LONDON, June 19 (Reuters) - Investment bank Rothschild has been appointed to determine the value of a 20-percent stake in planemaker Airbus, which BAE Systems (BA.L: Quote, Profile, Research) is selling to 80-percent stakeholder EADS (EAD.PA: Quote, Profile, Research), sources close to the talks said on Monday. "In two weeks' time, they will give them a value, and that will be the value at which the transaction trades," one of the sources told Reuters. On Saturday Rothschild was given 15 days to settle the value of the stake after investment banks working for the two firms failed to negotiate an agreed price, the same source said. A spokeswoman for BAE declined to comment, as did an EADS spokesman. ($1=.7897 Euro) __._,_.___ Complete archives at http://www.sitbot.net/ Please let us stay on topic and be civil. OM SPONSORED LINKS United state bankruptcy court western district of texas United state life insurance United state patent United state patent search United states patent office United state flag YAHOO! GROUPS LINKS Visit your group "cia-drugs" on the web. To unsubscribe from this group, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service. __,_._,___
[cia-drugs] Yale’s ‘Mao Project’ Paves Road To Hell F or Rise of Oriental Anti-Chris
http://www.rinf.com/columnists/news/yales-mao-project-paves-road-to- hell-for-rise-of-oriental-anti-christ Yale’s ‘Mao Project’ Paves Road To Hell For Rise of Oriental Anti-Christ Tuesday, February 21st, 2006 Yale University is known as one of the most prestigious centers of learning in the world. It is now also known as the home of the Skull and Bones secret society of which both Presidential Candidates in the 2004 election, Senator John Kerry and President George W. Bush were members. President Bush is third generation Skull and Bones , while Senator Kerry’s first wife’s father and brother were members, as was the former father-in-law of Teresa Heinz- Kerry whom he is now married to. Ms. Heinz. Kerry’s becoming a billionairess after her previous husband Senator Heinz died in a bizarre plane crash is but one of numerous odd events that follow this organization everywhere it goes and affect everyone it comes into contact with. What is not known to the general public is the connection that Yale University had to Mao Tse Tung, the ‘Great Helmsman” of China that navigated the Chinese nation across the proverbial river Styx into the human rights hell that it currently is, with organs and collagen being harvested for sale from political prisoners and every manner of evil perpetrated with no recourse for the tens and millions of victims. In fact Mao and his “Little Red Book” are responsible for more deaths and misery over the long term than anyone else in history. Mao is also a “Yalie”. It is the purpose of this article to show how a plan has been effectuated for nearly a century to bring to global power and domination an Oriental Antichrist , likely from China through the auspices and assistance of an evil secret society network based in Yale University, which effectively uses its status as a center of learning as a cover. 1. Yale University was founded on the profits of the opium trade in China. Skull & Bones & Bush www.subgenius.com/bigfist/evils/politics/X002_BUSHED.TXT.html . 2. Mao attended Yale-In-China and in fact was a writer and editor there after his first paper was closed by authorities. Thus when Yale educated, trained and hired him the institution surely knew what they were doing. In fact , YALE-IN-CHINA OWNED THE BUILDING WHERE HE HAD HIS ‘CULTURE BOOKSTORE’ IN 1920. www.asiasource.org/society/mao.cfm . 3.Since the resumption of diplomatic ties with China due to the influence of Henry Kissinger (whose son David is a Yale graduate) on President Nixon, every US ambassador to China is a Yalie and known or suspected member of Skull and Bones, the only exception being a brief period during the Jimmy Carter presidency. The current Ambassador, Mr. Randt is known to be a member of S & B by the chinese authorities and is described as a ‘fraternity brother’ of President GW Bush. www.english.people.com.cn/english/200107/24/eng20010724_75677.html . “New US Ambassador to China Promises Closer Relations”. Of course, former President George H.W. Bush was a member of Skull and Bones and US ambassador to China as well. Oddly, the paranoid Chinese Communist regime never seems to have a problem with this “fraternity” - for good reason as the following information will show. EVIDENCE OF EXTENSIVE CHINESE PENETRATION OF U.S. DEPARTMENT OF HOMELAND SECURITY- - SELECTED AS MERELY ONE EXAMPLE OF MANY. 1. “CNOOC’s All Star Team” www.publicintegrity.org/lobby/report.aspx?aid=737 . CNOOC , the chinese oil giant hired various lobbyists recently in its ultimately failed attempt to buy US oil company and owner of the only rare earth metals mine in the USA, UNOCAL. One of the lobbyists was BKSH an affiliate of Burson-Marsteller and part of the WPP group. 2. “Security Veteran Michael J. Hershmann To Head New Homeland Security Advisory Firm/18July2003. www.wpp.com/wpp/news/press/press-release.html?content=wpp/news/press/ pressrelease_285.html . The new company is to “help navigate the security landscape” possibly with the ‘great helmsman’ in mind. The subsidiary of previously mentioned BHSH and WPP will join with StoneBridge International and be called Civitas, LLC. So the lobbyists for CNOOC are also navigators for companies that want a piece of the security pie caused by the 9-11 attacks and the creation of DHS. 3. StoneBridge International was run by Samuel Berger, also now known as Sandy-the-Burglar, caught with US secrets in his silk stockings and now convicted of a misdemeanor and on probation. www.stonebridge-international.com/News/release8.html . 4. StoneBridge has a StoneBridge-China subsidiary. “…announces establishment of StoneBridge-China…” www.stonebridge-international.com/News/release-stonebridge-china.html . 5. WPP has extensive ties in China as well. It is planning on doubling its workforce to 2000 employees and its subsidiaries are also expanding in China. WPP is the second largest advertising / Public Relations firm in the world led
[cia-drugs] Fwd: "Sir" Riley BECHTEL
Begin forwarded message:From: [EMAIL PROTECTED]Date: June 19, 2006 7:17:52 AM PDTTo: [EMAIL PROTECTED]Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]Subject: "Sir" Riley BECHTEL [U.S. corporate war profiteer in Iraq] secretly awarded honours by Britain Antony Barnett, investigations editorThe Observer (UK), June 18, 2006 The government has been secretly awarding honours to senior figures in the US military and foreign businessmen with lucrative public sector contracts. The Observer has obtained a Foreign Office list detailing all non-British citizens who have been awarded honours since 2003 - the first time the complete three-year dossier has been released. It has emerged that Riley Bechtel, billionaire boss of the US-based Bechtel Corporation, which has won big transport and nuclear contracts in Britain and made a fortune from the Iraq war, was secretly awarded a CBE in 2003. This award has never been made public either by the British government or Bechtel. At the time Jack Straw, now Leader of the House of Commons, was Foreign Secretary. Although there is no suggestion of any wrongdoing, questions are being asked about whether the Foreign Office kept the awards quiet for fear of a political backlash. But the Foreign Office says this is normal practice. On releasing the information, the Foreign Secretary, Margaret Beckett, said: 'Honorary awards to citizens where Her Majesty the Queen is not head of state are not formally announced.' According to the Foreign Office list the Queen approved Bechtel's honour for 'services to UK-American commercial relations' on 25 April 2003 - just a week after the company won a bumper £430m contract to rebuild Iraq's infrastructure after the invasion. The honour to one of America's wealthiest citizens, a man with intimate ties to the Bush administration, will reignite the row over the secretive honours process. The list shows that under Straw the Foreign Office awarded honours to several senior US military personnel involved in the Iraq invasion. These included the US military commander General Tommy Franks, known as 'Mr Shock and Awe' for his role in devising the battle plan for the 2003 invasion. Others include Vice-Admiral Timothy Keating, who was in charge of all maritime forces involved in Operation Iraqi Freedom; Rear Admiral Barry Costello, commander of the Third Fleet and Task Force 55 during the Iraq invasion; Lieutenant-Colonel Mark Childress; and General Tad Moseley, chief of staff to the US Air Force. The row comes as protests mount at the CBE given to Andy Hayman, the head of Scotland Yard's anti-terror operations who is at the centre of investigations into the shooting of Jean Charles de Menezes at Stockwell tube station last July and the raid at Forest Gate, east London, earlier this month. Bechtel, who has a personal fortune of more than $3bn (£1.62bn), is 50th on America's rich list. British ministers have awarded his company contracts for the London Underground, the upgrade of the west coast main line, the Channel Tunnel rail link and the Jubilee Line extension. Bechtel's nuclear subsidiary has received almost £30m to help set up the Nuclear Decommissioning Authority. Bechtel's contracts for US reconstruction work in Iraq have caused the most controversy. One of the firm's key board members is George Schultz, who was secretary of state under Ronald Reagan and who, as chairman of the Committee to Liberate Iraq, was one of the loudest cheerleaders for regime change. The full list of awards to non-British citizens was only disclosed after Beckett agreed to place the details in the House of Commons Library following a series of parliamentary questions by the Liberal Democrat MP Norman Baker. Baker said: 'This shows that what matters in Tony Blair's Britain is those with power, money and a US accent. These awards are supposed to be for good works and those that have helped Britain. Instead it seems they are being handed out to those who have supported Blair's misguided policies at home and overseas.' A spokesman for the Foreign Office confirmed that Bechtel had been awarded a CBE but said he could not give any details about the nomination process. __._,_.___ Complete archives at http://www.sitbot.net/ Please let us stay on topic and be civil. OM SPONSORED LINKS United state bankruptcy court western district of texas United state life insurance United state patent United state patent search United states patent office United state flag YAHOO! GROUPS LINKS Visit your group "cia-drugs" on the web. To unsubscribe from this group, send a
[cia-drugs] Shocking Memo from U.S. Embassy in Baghdad - Situation Grim
Shocking Memo from U.S. Embassy in Baghdad, Details Increasing Danger and HardshipLooks to me like Bush has been lying to us again. (with memo)---By Greg Mitchell Published: June 18, 2006 6:20 PM ET NEW YORK The Washington Post has obtained a cable, marked "sensitive," that it says show that just before President Bush left on a surprise trip last Monday to the Green Zone in Baghdad for an upbeat assessment of the situation there, "the U.S. Embassy in Iraq painted a starkly different portrait of increasing danger and hardship faced by its Iraqi employees." This cable outlines, the Post reported Sunday, "the daily-worsening conditions for those who live outside the heavily guarded international zone: harassment, threats and the employees' constant fears that their neighbors will discover they work for the U.S. government." (...) --The cable concludes that employees' "personal fears are reinforcing divisive sectarian or ethnic channels, despite talk of reconciliation by officials." The final line is: KHALILZAD http://mparent.livejournal.com/9564669.html I challenge anyone who after reading the memo says we are doing the right thing remaining in Iraq. Today's News Wire http://mparent.livejournal.com/2006/06/19/ Sunday's News Wire http://mparent.livejournal.com/2006/06/18/ MARC PARENT CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS http://mparent.livejournal.com/ http://www.tpmcafe.com/blog/14409 http://www.dailykos.com/user/ccnwon Make free worldwide PC-to-PC calls. Try the new Yahoo! Canada Messenger with Voice __._,_.___ Complete archives at http://www.sitbot.net/ Please let us stay on topic and be civil. OM SPONSORED LINKS United state bankruptcy court western district of texas United state life insurance United state patent United state patent search United states patent office United state flag YAHOO! GROUPS LINKS Visit your group "cia-drugs" on the web. To unsubscribe from this group, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service. __,_._,___