Archive | March 29, 2017

There is a new U.S. “Marshall Plan” for Greece*

There is a new U.S. “Marshall Plan” for Greece*

The trip to Washington was short and effective. Greek Defense Minister Panos Kammenos cannot hide his enthusiasm about the Trump administration. He was in the White House and heard President Donald Trump saying “I love Greeks! Oh, I love the Greeks!” He had thorough talks with his counterpart Defense Secretary Jim Mattis about security issues and upgrading the   …. of the debt-ridden Greece. Now the Greek defense minister sees even a new Marshall Plan heading towards Greece. Not in form of the famous Marshall Plan after the WWII, with food packages falling from the sky. The new Marshall plan will be in form of ‘economic aid’ – In 21st-century terms: in form of investment.

In an interview to private ANT1 TV Tuesday morning, Kammenos said there is a new U.S. Marshall Plan for Greece.

“A Greek-American fund is interested in Ethniki Insurance, there is a great interest for the purchase and creation of touristic facilities,” Kammenos said.

Ethniki Asfalistiki, the Hellenic National Insurance, owned by the Greek National Bank, is due to be sold, the tender opens today.

Without specifically mentioning any American interest in the energy sector, Kammenos stressed Greece is becoming an energy hub. He reckoned that the pipeline that will transport natural gas from Israel and Cyprus through Crete and Peloponnse to Europe is in design, as so is the large storage facility in Alexandroupolis that will store  gas from the already existing pipelines.

“With the energy issues Greece enters the heart of the world,” Kammenos said reminding of the oil and natural gas resources in the Aegean Sea.

“New energy paths are opening and Greece is in their centre,” Kammenos stressed adding that Greece is in good geostrategic position “as the country  strengthens its cooperation with the U.S., Israel, Egypt and Cyprus.

At the same time, there seems to be another sector open for the new Marshall Plan: defense. Modernization and upgrading of the existing arsenal debt-ridden Greece has no money to spend for.
Panos Kammenos is reportedly very optimistic about this issue. Target is not only the modernization of the naval base in Souda Bay on the island of Crete. Defense Secretary Mattis made a special mention to it.

Upgrade is also needed for the Greek F-16 fighter jets as well as for the maritime surveillance aircraft P-3 Orion.

“The process of modernization of at least 90 F-16 fighter jets has already started,” defense issues website militaire.gr noted on Monday and added there has been intention to consider Greece as one of the customers for the F-35 ‘club’.

After Turkey announced its interest on F-35, the purchasing of F-35 became a challenge for Greece, a challenge it cannot afford.

The website notes that for ten years Greece has not done much in upgrading and modernization stressing that “expensive weapon systems were purchased but were left without technical support. Upgrading that should have been done already in 2008 was out of question.” All these problems require quick solutions.

The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative to aid Western Europe, in which the United States gave over $12 billion (approximately $120 billion in current dollar value as of June 2016) in economic support to help rebuild Western European economies after the end of World War II.

Under the Marshall Plan Greece received $700,000,000 between 1948 and 1952.

However, the Marshall Plan was not ‘aid’ without ‘exchange’.

“The goals of the United States were to rebuild war-devastated regions, remove trade barriers, modernize industry, make Europe prosperous once more, and prevent the spread of communism. The Marshall Plan required a lessening of interstate barriers, a dropping of many regulations, and encouraged an increase in productivity, labour union membership, as well as the adoption of modern business procedures.”

The issue of a new Marshall Plan was raised in 2012 and 2013 by U.S. economist Joseph Stieglitz and U.S. President Barack Obama, when it became clear that Greece cannot deal with its debt.

I suppose the idea was abandoned when the Americans realized that Greece was a member of a common currency union, the eurozone, and that Germany would raise serious objections to the plans. Berlin wanted to be the great reformer and exploiter of Greece.

Source*

Related Topics:

What Will Unfold as Greece Hires a Rothschild as Debt Advisor*

E.U. Throws Greece and Refugees to the Sharks*

Greece is now a Colony of the E.U.*

Europe’s Vindictive Privatization Plan for Greece*

How German and French Banks Helped Bankrupt Greece*

Germany, where’s the Reparation for Greece?*

From New York to Greece ‘We Can’t Breathe’*

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Westminster Attacks BUSTED!!! Insider Photographers Exposed!

Westminster Attacks BUSTED!!! Insider Photographers Exposed!

 

Related Topics:

Change Agenda Follows False Terror event in Westminster, London*

MOSSAD Agent – ‘We Did the London Bombing’

The Official 7/7 London Bombing Story is a Lie*

Rothschild’s Reuters Pays Damages to Finsbury Park Mosque after Falsely Linking it to Terrorism*

U.K’s Terrorism Adviser Resigned, for Reasons that Should Worry Us All*

Lockerbie Lies to Subvert Independent Sovereign Countries *

As Netanyahu and May Chat, a Large Nest of Israeli Spies in London Exposed*

U.K. Police Begin 24-Hour Drone Surveillance of Population*

No Masters, No Rulers – A World Without Statist Conditioning*

 

Akhenaten Must be Turning in his Grave*

Akhenaten Must be Turning in his Grave*

Akhenaten is one of the most famous rulers in the Land of Pharaohs and he still remains a unique and controversial figure in history of his country.

He ruled over Egypt for seventeen years during the 14th Dynasty.

Akhenaten born as Amenhotep IV, was the son of Amenhotep III, the Magnificent, the ninth ruler of the Eighteenth Dynasty and Queen Tiye who was of non-royal origin and Amenhotep III’s Great Royal Wife.

Akhenaten’s father ruled for about forty years and his rule is believed to have been successful.

At the height of the 18th Dynasty, the eldest son of King Amenhotep III, Crown Prince Tuthmosis died unpredictably, making his younger brother Akhenaten – who at the time still had his original name, Amenhotep IV – next in line for the throne.

Pharaoh Akhenaten’s Early Years of Reign

Not much is known about the young Akhenaten, only that he spent much time in Memphis or in his father’s palace city Malkata, near Medinet-Habu, on the west bank of Luxor. When he became king he was already married to Nefertiti, his beautiful life-companion, advisor and co-ruler. Most probably he was already the father of a daughter Meritaten “Beloved of Aten” and the choice of his daughter’s name makes us wonder.

At what age did he become fascinated with the new god?

Akhenaten’s Dream and a Sudden Dramatic Change In Ancient Egypt

At the beginning of his kingship, Akhenaten still used his name Amenhotep IV. There is some evidence that he initially paid tribute to both aspects of the sun god: Aten and Amun-Re. In his early years as king, portrayed on one of the pylons in the temple of Karnak, his new god Aten, was identified with Re-Horakte, depicted as a falcon with a sun-disc on his head.

Interestingly, in the Nubian town of Sesebi, where Akhenaten established a temple, the god Aten in falcon form is depicted in the company of all traditional Egyptian gods.

His image as pharaoh was the image of the king with all his human weaknesses; he did not hide imperfections of his body, elongated face and slanting eyes, on the contrary, he rather glorified and exaggerated them.

In his 4th or 5th year of rule, the young pharaoh began the great passion of his life. He changed his name from Amenhotep (“peace of Amon”) to Akhenaten and announced that Aten appeared to him in a dream and told that he was the supreme and only god. From this moment, Akhenaten openly began to express his dissatisfaction with every old Egyptian tradition.

Was it only a dream he had or did he have another, special motif to replace more than 2,000 deities of Egyptian pantheon?

Why was Akhenaten determined to limit the priests’ role and power in ancient Egypt?

Did he have an unknown agenda that he only revealed to his closest advisers?

Belief in One Supreme God – One And Only

As a result, he began methodical eradication of all signs related to Amun-Re cult. He withdrew funding from all temples of “false gods”. Taking money and power away from what was, at the time, a very powerful and wealthy priestly class, created chaos, discontent and protests.

Akhenaten – The Founder of the City Of Amarna

In his 6th year of reign, the pharaoh found a perfect place for his new capital. This piece of land, located on the east bank of the Nile River, belonged to no-one and referred to no god.

Examples of “The Amarna Letters”, discovered in 1887. There are 382 known clay cuneiform tablets, whose contents shed light on Egyptian relations with Babylonia, Assyria, the Mitanni, the Hittites, Syria, Palestine and Cyprus. They are important for establishing both the history and chronology of the period.

He called it – Akhetaten (“The Horizon of the Aten”) and established the city devoted to the god, whose depiction showed an image of the sun with rays radiating from it. Aten was regarded by Akhenaten as being the creative force of the universe that was manifested by the sun.

Clearly, the god itself – had no image.

The traditional capital of Thebes was replaced by city of Akhetaten (now referred to as Amarna or Tell el-Amarna), with the king’s palace and the Great Temple of the Aten.

Rock-cut tombs were built in the neighbouring cliffs to the south and north and several roofless temples, so that rays of the sun would directly fall on the worshipers. Akhenaten moved with his family and other prominent and trustworthy citizens to the city.

The City Was Abandoned Shortly after Akhenaten’s Death

The city of the god Aten was abandoned shortly after his death. Archaeologists have gathered a lot of evidence that the place was intentionally destroyed. After his death, the traditional pantheon of gods was quickly readopted.

Many historians claim that Akhenaten was a careless, incompetent and unsuccessful ruler. Their claims are most probably based on evidence in form of the Amarna Tablets, which contain governmental documents and correspondence confirming his incompetence.

Was he perhaps too much focused on his religion? Is his religious legacy living in the Rosicrucians’ beliefs, which say there is one divine force behind all things?
Source*

Related Topics:

Our Conception of God isn’t Big Enough*

ISIS Destroys 2,000-year-old Legendary ‘Gate of God’ in Iraq*

Atheism and Rediscovering God*

Waiting for God?*

School Teacher Tells Students to Deny God Is Real or Receive Failing Grade*

Mathematics – God’s Language for Nature*

The Windsor-Bush Bloodline Traced Back to the Roman Caesars and Egyptian Pharaohs*

U.K. Scientists Use Brain Stimulation to ‘Make You Stop Believing In God’*

Rewriting Noah/Nuh: NWO Agenda while Deleting Religious Thinking*

Atheists, Whatever They Say to the Contrary, Really Do Believe in God*

Evolution: God’s Game

Ushering in the New ‘god’*

The Signs of God’s Existence

Finding God in a Particle!

In the Beginning was/is Consciousness*

Arguing God from Being?

Brexit Officially Begins*

Brexit Officially Begins*

By Tyler Durden

There is no going back now: moments ago the E.U.’s Tusk received the signed Brexit notification letter from U.K. envoy, triggering two-year countdown to British withdrawal from E.U. and marking the first ever withdrawal of an E.U. member state in its 60-year history.

The E.U. has received the letter from U.K. that will trigger Article 50 and formally begin the #Brexit processhttps://t.co/4Y8SFa7sZX #BrexitDay

— BBC Breaking News (@BBCBreaking) March 29, 2017

The Article 50 letter. #Brexit pic.twitter.com/SO5R5BTvhw

— Donald Tusk (@eucopresident) March 29, 2017

After nine months the UK has delivered. #Brexit

— Donald Tusk (@eucopresident) March 29, 2017

Commemorating the event, Theresa May said this is “a historic moment from which there can be no turning back.”

This is “a historic moment from which there can be no turning back,” Theresa May says https://t.co/SfsZ8UruHD pic.twitter.com/XCHjDo95nR

— Bloomberg Brexit (@Brexit) March 29, 2017

And it appears Mark Cudmore may have been right that the official start of Brexit may be bullish for cable, prompting the cover of record sterling short:

  • GBP/USD ERASES LOSSES AS TUSK SAYS EU RECEIVES BREXIT NOTICE
  • GBP/USD ADVANCES TO TOUCH 1.2476 SESSION HIGH ON BREXIT NOTICE

Speaking to Parliament over this historic event, Theresa May said that the move would implement “the democratic will” of the people of the United Kingdom who voted to leave the E.U.

Tim Barrow, the U.K.’s E.U. ambassador, delivered a letter to Donald Tusk, president of the European Council in Brussels, invoking Article 50 of the Lisbon Treaty, nine months after Britain voted in a referendum to leave the bloc. “After nine months the U.K. has delivered”, said European Council president Donald Tusk.

May will inform MPs of her negotiating priorities for the next two years of Brexit talks. The prime minister is expected to strike a moderate tone, after ministers have signalled in recent days that she is increasingly open to compromise in order to prevent Britain’s 44-year relationship with the E.U. ending in acrimonious divorce.

The prime minister informed the cabinet of the letter’s contents at a specially-convened meeting on Wednesday morning. Speaking shortly before that meeting, chancellor Philip Hammond told the BBC that “we are going to get a deal” with the EU, the FT reported.

In remarks that are likely to frustrate Tory Eurosceptics, Hammond said that the U.K. government had accepted that it could not “cherry-pick”, and that leaving the E.U. would have “consequences”.

“We will not be members of the European single market, we will not be full members of the European customs union, and not being members of those entities has some consequences, it carries some significance,” he said. “By deciding to leave the European Union and negotiate a future relationship with the E.U. as an independent nation, there will be certain consequences of that, and we accept those.”

Mr Hammond also indicated that the government would regard the completion of negotiations with the E.U. in 2019 as the cut-off date for the rights of E.U. nationals living in the U.K. It had been suggested that the U.K. could treat the triggering of Article 50 as its cut-off date.

* * *

What happens next?

Below, courtesy of Bloomberg is an 18 point Q&A on the main items to keep an eye on in the weeks and months ahead.

Nine months after Britain voted to leave the European Union, Prime Minister Theresa May plans to open divorce proceedings on March 29. The negotiations could turn “vicious,” according to Irish Prime Minister Enda Kenny. European Commission President Jean-Claude Juncker says they will be “very, very, very difficult.” Both the E.U. and the U.K. will have to determine what is and isn’t negotiable.

  1. Didn’t Brexit already happen?

No. The June 2016 referendum, in which 52% of British voters chose to leave the E.U., was just the start of a lengthy process. If May has her way, the actual split will occur in the first half of 2019. Its contours are about to be negotiated.

  1. What does Brexit actually mean?

Britain is exiting the 28-country bloc, which it joined in 1973. Initially envisaged as a free-trade zone that now includes 500 million consumers, the E.U. is, in the eyes of many Britons, too bureaucratic, out of touch, expensive and an obstacle to clamping down on immigration. Free movement of citizens is a basic tenet of E.U. law.

  1. How does the exit process work?

Article 50 of the Lisbon Treaty, the E.U.’s guiding document, details how a country leaves the bloc. It’s never been activated and is only about 260 words long. It gives the departing country up to two years to negotiate “its future relationship with the Union.” So Britain will be out of the bloc by April 2019.

  1. When did the two-year clock start ticking?

It starts on Wednesday afternoon when the U.K.’s envoy to the E.U., Tim Barrow, hands E.U. President Donald Tusk a letter from May formally invoking Article 50. May will address the U.K. Parliament about the same time. The delay since the referendum was caused by May, who insisted she needed time to form a negotiating team and take a position. Then the U.K. Supreme Court ruled that she didn’t have the authority to trigger Article 50 by herself, forcing her to obtain permission from Parliament. A law was then passed on March 16 to allow the prime minister to act.

  1. How quickly will talks start?

Tusk will read out a statement at 1:45 p.m. in Brussels on Wednesday, a move that may give some clarity. He has indicated the E.U. will respond within 48 hours by publishing draft guidelines for Michel Barnier, the European Commission’s chief negotiator. E.U. leaders will convene a summit on April 29 to sign off on those. Officials have said the bloc may wait until June to fully engage although September elections in Germany will be a distraction.

  1. What will May push for?

She intends to pull the U.K. out of the single market for goods and services — a “hard” Brexit that prioritizes securing control of immigration, laws and her budget over economic concerns. May wants the “best possible deal” for trading with the bloc although she seeks the liberty she now lacks to negotiate trade deals with non-E.U. countries such as the U.S.

  1. What will Europe demand?

The remaining E.U. members don’t want the U.K. to “cherry pick” the benefits of membership with none of the responsibilities (like agreeing to the free movement of people) for fear it will encourage others to leave as well. Many European countries are going to seek a guarantee of the rights of their citizens already living in Britain. May wants the same for Britons living abroad and says this is an issue to resolve early on. Ireland, an E.U. member, says it will fight any attempt to restore a so-called hard border with Northern Ireland, which is part of the U.K. Then there’s the question of the bill the U.K. will be asked to pay.

  1. Wait — there’s a bill?

The E.U. says there is. Barnier has indicated he wants the British to cover budget commitments they agreed to, pensions promised to E.U. officials from the U.K., guarantees on loans such as the bailout of Ireland and pending infrastructure projects. Juncker says the sum in question is about 50 billion pounds ($63 billion). British Trade Secretary Liam Fox rejected the notion of a bill as “absurd” and Brexit Secretary David Davis said the amount will be “nothing like” the sums floated. A House of Lords panel also questioned whether the U.K. is under any legal obligation to pay. Still, E.U. officials say they won’t discuss the trade deal May is after until the issue is resolved. They may also be willing to force the issue in front of the International Court of Justice. Such threats mean May might agree to contribute something, although a big check would draw ire domestically.

  1. How will the talks be structured?

Barnier wants to focus first on the separation — settling the bill, resolving citizenship rights and establishing borders. The arrangement for that needs to be endorsed by a “super qualified majority” or at least 72% of the member states. Only after that would the E.U. turn to trade, and any trade deal will require the support of every member. The British would prefer to discuss the split and the future arrangement at the same time to win trade-offs, grant certainty to businesses and maintain support back home for Brexit.

  1. How long will the talks take?

Article 50 allows two years, which could be extended if all members of the E.U., including the U.K., agree. Both sides estimate that they really have until the end of 2018 to reach an accord, because the resulting deal would need to obtain the consent of the European and British parliaments. E.U. officials have said even in the best-case scenario it will take until early 2018 to work out the financial side of the split.

  1. What happens if no deal is reached?

Britain will leave the E.U. in two years regardless of whether it’s secured a new trade deal. In that case, disagreements may end up in the courts and U.K.-E.U. commerce will be exposed to World Trade Organization tariffs, following decades of duty-free trade. That could mean a levy of about 10% on cars alone. Davis says this is an “unlikely scenario” and not “frightening.” But it’s one Britain must prepare for, he says, although he conceded in March that the government hasn’t yet analyzed the economic fallout. John Kerr, the diplomat who wrote Article 50, says the chance of a breakdown in talks is more than 30%. Businesses worry about a “cliff edge” in which the U.K. falls or walks out of the E.U. with tariffs and without certainty over the future. May repeats no deal is better than a bad deal.

  1. What could help avert a ‘cliff edge’?

Without a trade deal, there is unlikely to be anything to break the fall over the cliff. However, the U.K. and E.U. could agree to a transitional phase in which the existing relationship remains in effect. Businesses would get time to adjust to any new rules, which May says should be phased in, or leaders would have more time to craft a fresh relationship. Barnier wants to wait to discuss the stopgap until the outlook is clearer. The question is whether the two sides can agree before businesses, especially banks based in the U.K., shift jobs and services to elsewhere in the E.U. Another concern for May is whether the E.U. might try to force the U.K. to remain under the oversight of the European Court of Justice.

  1. How will the U.K. untangle the EU’s laws?

The government plans to introduce the “Great Repeal Bill,” misnamed legislation given that it won’t repeal anything and is instead a cut and paste of E.U. law onto the British statute book. The aim is to give businesses and investors certainty. Future governments will be able to “amend, repeal and improve any law it chooses,” according to May. The House of Commons library estimates there are 899 E.U. directives and 5,155 regulations among almost 19,000 pieces of E.U.-related legislation currently in force. Ministers will also have to find appropriate U.K. bodies to take on regulatory roles currently held by E.U. agencies. A potential obstacle to all this is that the bill will include powers for ministers to change regulations as they’re transferred, something opposition Labour Party leader Jeremy Corbyn said he’ll challenge.

  1. How has the economy fared since the referendum?

The economy has performed much better than anticipated by the likes of the U.K. Treasury and the International Monetary Fund, both of which warned ahead of the referendum that a vote for Brexit could trigger a recession. The economy has been helped by a slump in the pound and strong consumer spending. But most economists still predict economic growth will slow in time as the parameters of Brexit take shape.

  1. Does May have any leverage?

The U.K. loses some power after invoking Article 50 because it starts the countdown clock, limiting the time available to strike a deal. May has argued it would be “economically rational” for the E.U. to sign up to a free-trade accord since Britons buy so many of its goods. She has warned that the U.K. could provide less security to the region or transform Britain into a low-tax, light-regulation haven for business. She could also try to exploit differences between European capitals.

  1. What about Scotland?

Scottish First Minister Nicola Sturgeon has used Brexit to declare she wants a second independence referendum to make Scotland an independent country and lawmakers in Edinburgh have backed her. In the 2016 Brexit referendum, Scottish voters chose overwhelmingly to remain in the E.U. and Sturgeon says they should have a chance to break with England sometime between the fall of 2018 and the spring of 2019. But May says “now is not the time” for another referendum and Sturgeon still needs permission from lawmakers in London to move forward.

  1. Is Article 50 irrevocable?

Once Article 50 is triggered, there’s no chance of Britain staying in the E.U., according to Justice Secretary Liz Truss. But Kerr said a country can change its mind “while the process is going on.” A court case is starting soon that may inform the debate.

  1. Why does all this matter for the rest of the world?

French presidential candidate Marine Le Pen is running on a Brexit-like platform of euro-skepticism. In the U.S., President Donald Trump’s administration has registered its dislike of multilateral organizations like the E.U. and may be tempted to offer the U.K. a generous free-trade deal. Russian President Vladimir Putin will likely welcome anything that divides and distracts the E.U. Finally, China will be following closely to see if the U.K. remains an attractive investment partner as it raises barriers with the rest of the E.U.

Source*

BREXIT: Full text of the Britain’s farewell letter

Related Topics:

U.K. Parliament Rejects Lords Amendments to Brexit Bill*

U.K. PM Bows to Pressure to Spell out ‘Brexit Plan’ Details*

Sharp Increase in British Jews Applying for Portuguese Citizenship after Brexit*

The Lies of Brexit*

Northern Ireland Activist Mounts Legal Challenge against Brexit*

E.U. Begins to Fracture post-BREXIT*

Brexit is a Blow to the Oligarchs*

E.U. Founders to Form Federal Union of European States*

E.U. Blocks Brexit with a €25bn Debt*

The Americans Declared Independence From Us. We Can Do the Same*

Syrian Army Eliminates 2,200 al-Nusra Front Terrorists in Hama since March 23*

Syrian Army Eliminates 2,200 al-Nusra Front Terrorists in Hama since March 23*

The Syrian army has eliminated over 2,200 militants from al-Nusra Front terrorist group and affiliated armed groups in Hama province since March 23, the Syrian Defense Ministry said Wednesday.

On Tuesday, the Russian General Staff said that a group of 10,000 ex-Nusra Front militants attempted to capture the Syrian city of Hama. Over 2,100 militants have been killed in four days, with the operation continuing to this day and Syrian troops entering a counter-offensive.

“Al-Nusra Front losses from March 23 to March 29 to the north of Hama are as follows: 2,200 terrorists killed, while 15 tanks, 11 armored vehicles, 107 cars, 12 ammunition depots, 17 mortars and six rocket launchers destroyed,” the ministry said in a report.

Earlier, a source told Sputnik that the Syrian army pushed out Jabhat Fatah al Sham (formerly known as al-Nusra Front) terrorists from the village of Kokab in the Syrian province of Hama.

Source*

Related Topics:

Nusra Militants Suffer Heavy Death Toll in Clashes with Rival Terrorists in Idlib, Aleppo*

Syrian Army Kills Scores of ISIS and al-Nusra Terrorists in Deir Ez-Zor and Homs*

Syrian Government Forces Storm Terrorist Strongholds in Eastern Aleppo, Russian Missile Strikes against ISIS and Al Nusra*

Israel Moves to Restructure Fatah Al-Sham/al Nusra Command in Quneitra*

Syrian Air Defense Shoots Down one of 4 Israeli Warplanes Targeting Military Site near Palmyra*

Public Buses in Aleppo take to the Streets after 5 Years of U.S.’s ISIS war on Syria*

Trump Orders Drone Strike on Syrian Mosque, 40 Civilians Killed*

Trump-Israel Struggling to Save ISIS to divide and Conquer Syria and Iraq*

Russia Preparing for Potential Removal from International Banking System*

Russia Preparing for Potential Removal from International Banking System*

Global financial institutions like the World Bank and SWIFT can make or break the economies of entire nations due to their domination of the international banking system. Russia is making preparations in case they are ever barred from access to these institutions due to geopolitical influence from the West.

By Whitney Webb

Whether Russia’s aim in creating and implementing an alternative to SWIFT is based chiefly on protecting its own economy or not, the move further illustrates how the concentration of international power is steadily moving eastward. (Photo: Mikhail Voskresensky/Sputnik)

In 2011, a Swiss study confirmed what many already knew or suspected: bankers run the world. The study, completed by the Swiss Federal Institute of Technology in Zurich, found that “a large portion of control flows to a small tightly-knit core of financial institutions,” essentially forming a network of global corporate control. This economic “super-entity,” as the authors called it, dominates the international banking system.

Among the most influential entities in the system are international financial institutions like the World Bank, the International Monetary Fund (IMF) and the Society for Worldwide Interbank Financial Telecommunication (SWIFT). These institutions represent the only source of financial recourse for nations that require the services they offer, as no alternatives have existed until quite recently.

The World Bank and the IMF, for instance, provide financial support to developing nations and member states, serving as the last resort for governments that are in a state of financial ruin or that are set to default on their debt. SWIFT, on the other hand, provides a much different service – offering financial institutions the means to send and receive messages from other such institutions in a secure manner.  Without SWIFT access, nations and the businesses operating within them become unable to complete international transactions and are thus cut off from the global economy at large.

While each of these institutions and service providers are ostensibly unbiased towards the politics of any given nation, the undue influence of countries like the United States has made itself known within these institutions, with the U.S. using their power to force political or economic changes within any number of countries. John Perkins, author of Confessions of an Economic Hitman, described the World Bank’s activities as “pure economic colonization on behalf of power corporations and banks that use the United States government as their tool.”

The U.S.’ influence over key financial institutions has pushed other countries, namely the BRICS group and other economic rivals to American hegemony, to build their own alternatives. Years of efforts to create rival institutions culminated in 2015, when the 100-billion dollar BRICS-funded New Development Bank (NDB) was launched, a move widely recognized as a direct challenge to the supremacy of the U.S. dollar as an international reserve currency. This was heightened just months later, when China launched the China International Payment System (CIPS), which aimed to reduce the nation’s reliance on SWIFT while also propelling its own currency into greater international prominence.

Russia’s Efforts to Move Away From Global Banking Hegemony

From left: Brazil’s President Dilma Rousseff , Indian Prime Minister Narendra Modi, President of Russia Vladimir Putin, President of China Xi Jinping and South African President Jacob Zuma sit during a signing ceremony at the BRICS Summit in Ufa, Russia, Thursday, July 9, 2015. (Sergei Ilnitsky/AP)

 

One of the factors that drove the push to consolidate international banking alternatives in 2015 was the Ukrainian coup of 2014 and subsequent threats by Western countries to isolate Russia from the international financial order. Following Western accusations of Russian aggression in Ukraine and the subsequent annexation of the Crimea after a contested referendum vote, Western nations called for sweeping economic retaliation against Russia, including banning them from SWIFT entirely and essentially paralyzing the banking system within the Crimea.

Russia was not ultimately banned from SWIFT, but the threat of being prohibited from the dominant means of realizing financial transactions made it clear to Russia and other BRICS nations that their dependency on the Western-dominated international financial system was not in their best interest. Iran’s prohibition from using the SWIFT system from 2012 to 2015 made it clear that the West, and particularly the U.S., could and would use its influence within international banking institutions to cripple a nation’s economy for geopolitical reasons.

Not willing to wait for the next attempt by Western countries to cut it off from key financial institutions and services, Russia has now created an alternative to SWIFT to protect its economy and financial sector. Western governments have yet to respond to the creation of this alternative system.

During a meeting with Russian President Vladimir Putin last Wednesday, Central Bank governor Elvira Nabiullina stated that:

“There were threats that we can be disconnected from SWIFT. We have finished working on our own payment system, and if something happens, all operations in SWIFT format will work inside the country. We have created an alternative.”

The alternative system, known by its abbreviation SPFS, is analogous to SWIFT for financial transactions taking place in Russia and has been in the works for years, with 330 Russian banks connected over a year ago. This number will likely increase now that it has been successfully developed and implemented. Nabiullina also added during the meeting that 90% of ATMs in Russia are now compatible with Mir, a Russian version of the Visa and Mastercard payment systems that is used domestically. However, the SPFS is still far from perfect, not operating from 9 pm to 5 am Moscow time and with a transfer cost of 5 cents per transaction.

Whether Russia’s aim in creating and implementing an alternative to SWIFT is based chiefly on protecting its own economy or not, the move further illustrates how the concentration of international power is steadily moving eastward. Along with parallel efforts by China and other BRICS nations, U.S. and Western economic hegemony is unraveling, a stark reality that U.S. interests – particularly those of the “deep state” – are desperate to avoid.

The U.S. and its allies have taken to using geopolitical pressure and economic threats, like banning nations from SWIFT, in order to accomplish this – a move that ironically seems to be pushing more countries away from U.S.-dominated economic systems and into the arms of its direct competitors.

Source*

Related Topics:

BRICS Under Attack: Brazilian PM Must Say Goodbye to BRICS and Hello to Washington or Face a Coup*

BRICS Under Attack: Western Banks, Governments Launch Full-Spectrum Assault On Russia*

BRICS Under Attack: NWO Tentacles Extending into South Africa*

Indian Economy Crashes As Modi’s ‘Black Money’ Theory Collapses*

Asian Bank Threatens the Dollar, so U.S. Threatens China*

Rothschild’s Summit Fine-tuning Capitalism into Global Economic Tyranny*

This Week the ‘Arch of Baal’ Was Displayed For the Third Time in Honour of ‘The World Government Summit’*

E.U. Desperate to Raises Taxes Starts Cashless Society Project November 2017*

E.U. Passed Tax ID Numbers for Everyone*

Iran Finally Ditched the Dollar: Here’s Why It Matters*

Black Community Unites to Protect D.C. After Girls Go Missing*

Black Community Unites to Protect D.C. After Girls Go Missing*

A few days ago, info about 14 girls going missing in 24 hours in Washington, D.C. went viral. Though the number may not actually be 14, it struck a nerve because people are going missing.

It gave inspiration to people seeking to protect the community and exercise their right to self- defense. Black Men United organized an effort to patrol D.C., and activists are doing everything they can to pay attention.

This is the official number of girls who are missing. According to the Associated Press:

“The District of Columbia logged 501 cases of missing juveniles, many of them black or Latino, in the first three months of this year, according to the Metropolitan Police Department, the city’s police force. Twenty-two were unsolved as of March 22, police said.”

The true number may be more, but this strikes a nerve with people in D.C. and all over the U.S. for a reason: people are going missing.

It’s inspiring to see people become active, trying to actually do something about this.

Although getting active in the community and taking initiative toward self-defense is one of the most positive things people can do about this problem, the mainstream media is being dismissive. The media seems dismissive about anything involving human trafficking.

Snopes weighed in and did their usual condescending thing. A mainstream article from Teen Vogue bears the headline “False Tweet About Missing Girls in D.C. Goes Viral.”

If you’d rather correct the error “14 girls in 24 hours” than be happy that the truth is going viral, you’re not understanding the gravity of the situation. People are being kidnapped, and human trafficking, pedophile rings, these things are real.

A viral article from USA Today adds:

“Black lawmakers are calling on the FBI to investigate whether there is an increase in cases of missing black children and teens in the nation’s capital. 

In a letter obtained by the Associated Press, Rep. Cedric Richmond, D-La., Del. Eleanor Holmes Norton, D-D.C., called on Attorney General Jeff Sessions and FBI Director James Comey to “devote the resources necessary to determine whether these developments are an anomaly or whether they are indicative of an underlying trend that must be addressed.”

On social media, people are using the hashtag #MissingDcGirls to voice frustration over lack of media coverage in what  many believe is an uptick in cases of missing black and Latina girls.” 

But these lawmakers are not on the people’s side. They want the FBI to investigate this?

The FBI that threatened to assassinate MLK with the “suicide note” they sent him, that was only disclosed because brave activists stole the documents? The FBI that refuses to investigate high level paedophilia and human trafficking? They want to beg Jeff Sessions and James Comey?

Only the people can protect themselves, and unite to protect the vulnerable in their community.

An article from the BBC speaks in a dismissive tone, crediting the D.C. police’s Twitter activity with the rise of awareness about missing children.

It’s titled “Are Washington girls really going missing?.” Reading from it:

“Metro Police Department (MPD) has always shared some missing persons on social media, but early this year the new police commander decided to use Twitter for every critical case. Since then, the faces behind the nearly 200 people – many of them children, many of them female – who go missing each month have loomed large on social media.”

Isn’t it inconsequential if there has been an “increase” of missing children? Either way it’s happening.

It’s unrealistic to think that police tweets are the reason why people are becoming aware of this. They may have contributed, but people are aware because they are paying attention to the tragedies around them. It seems in 2017, human trafficking in general is exploding in the public consciousness. It’s about time.

The police may have tweeted about missing people, but they are also being dismissive about their significance. They claim most of the girls probably ran away from home.

A headline from CNN reads “Missing black girls in DC prompt calls for federal help.” But the media does this thing where they take reality, and warp it to obfuscate what actually triggered it, or how people are responding.

As the BBC article spun the story to claim police tweets were the fuel behind people uniting against kidnappers, the CNN article also tries to steer focus away from the community’s empowerment. They cut straight to begging the government for assistance.

They say calls for “federal help” are being prompted, but I highly doubt you’ll find people in that community who want the government to get involved. Politicians are calling for “federal help.”

I could only find a few articles that weren’t dismissive. A Daily Mail headline reads “Two Washington, DC police officers were previously arrested for child sex offenses – one for pimping out a missing girl – in city shaken by disappearances of young black girls.” Reading from it:

“As celebrities and lawmakers demand investigations into why young black women are disappearing from Washington, DC’s streets, historic cases of city cops involved in child sexual abuses have re-emerged. 

On Thursday a tweet claiming that 14 black DC girls had vanished in 24 hours went viral. The figures were inflated, but celebs such as Sean ‘Diddy’ Combs and LL Cool J tweeted their concerns.”

The mainstream steers the narrative away from community strength and protection, and toward the idea of government protecting a community because the powers that influence media are scared of united people.

Police enforce the government’s system of slavery, and only people can protect themselves. The system cannot function when we are independent and united in our communities, when we can defend ourselves, and when we live outside of their control. Our independence is hegemony’s worst nightmare, and it’s the greatest path people can take toward freedom.

Please share this with as many people as possible. Applauding the efforts of people in the community is a civic duty, the only thing that will save us: exiting the system completely.

Source*

Related Topics:

Doctors Tell How Sex Traffickers are Implanting Microchips in Children*

Feds Make Record Gains On Human Trafficking As Global Networks are Broken Up*

42 Arrested in Tennessee Sex Trafficking Operation*

Flight Attendant Saves Girl from Human Trafficking*

The Annual March Demand Justice for Missing, Murdered Indigenous Women in Canada*

Abuse and Missing Pupils Cover Up Revealed at Illegal Jewish Schools in the U.K.*

10,000 Kids Missing in E.U. as Criminals ‘exploit’ Migrant Flow*

Copy of Missing Dossier on Paedophile Ring Handed to MP*