Archive | April 2, 2017

U.S. Gov’t to pay Navajo Nation almost $200mn for water rights in Utah*

U.S. Gov’t to pay Navajo Nation almost $200mn for water rights in Utah*

NASA

 

Under a new bill introduced on Capitol Hill, the federal government would pay the Navajo Nation nearly $200 million for water projects, with another $8 million coming from Utah, as part of a deal to end more than a decade of contention over water rights.

Senator Orrin Hatch (R-Utah) introduced the bill on Thursday, with Representative Jason Chaffetz (R-Utah) filing companion legislation in the House. Senate Bill 664 would authorize the U.S. government to spend up to $198.3 million for Navajo water projects like wells, pipelines and treatment plants.

It took more than 13 years for a federal negotiations team from the Bureau of Reclamation, the state of Utah and the Navajo Nation to agree to a deal, which the current Navajo Nation Council listed as a priority when it took office in 2015. Formal discussions between Utah and the Navajo Nation began after the two sides signed a memorandum of agreement in 2003.

“I’m thrilled that over a decade of work with our Navajo friends and neighbours has culminated in this fair, equitable settlement that benefits all water users in the region,” Hatch said in a statement.

“This result took a great deal of time and commitment, and I’m grateful so many willing partners stepped up to the plate to address this complex issue.

The Navajo Nation possesses extensive “aboriginal, historic, appropriative and reserved rights to the use of all the water necessary” to make its reservation land liveable, but those water rights are “largely unquantified,” according to the Navajo Nation Water Rights Commission. The Navajo Nation is located almost entirely within the Colorado River Basin in the Four Corners states of Arizona, Colorado, New Mexico and Utah.

The deal gives the Navajo Nation 81,500 acre-feet per year (AFY) of Utah’s unused share of water on the San Juan River, which empties into the Colorado near Glen Canyon. That will support about 300,000 people annually, far more than the reservation’s population of nearly 175,000, according to the 2010 US Census. Fewer than 6,000 Navajo live in the part of the reservation that is in Utah.

The settlement, which was initially announced last January, drew protests that it was a “bad water deal” that was rushed through the Navajo Nation Council by a non-Indian water rights attorney, according to Navajo activist Ed Becenti. The lawyer, Stanley Pollack, has been employed by the Navajo Nation since the 1980s.

“It kind of tells me that the state of Utah understands that there’s no water left for the tribes,” John Weisheit, conservation director for Living Rivers, a Utah-based water advocacy group, told ICMN last July.

“They’re first in rights, but last in line for water.”

An advising attorney for the Navajo Nation, Daniel Cordalis, who is Navajo, pointed out that the situation is more nuanced than that, as the water rights deal with the San Juan River, not the Colorado. The agreement allows the Navajo Nation to draw water from aquifers, the San Juan, and its tributaries, as well as the ability to divert water from Lake Powell, though the tribe does not currently have plans to do so.

“The San Juan River is not burdened with downstream water rights such that those existing water rights present a significant detriment to Navajo’s 81,500 acre-feet a year (AFY) right,” he said.

“In our opinion, there will be enough water in the San Juan River to achieve the full settlement value on a yearly basis.”

“What the settlement does is provide that flexibility for tribal members to both use water now and have enough water for future development, which ultimately is most important,” Cordalis added.

The 81,500 AFY is just a tiny share compared to the Uintah-Ouray Utes, who negotiated 470,000 AFY for just 1,200 citizens, Becenti said last January.

Conservation groups were alarmed that the deal includes a waiver of any past legal claims against Utah and the US, even though such a provision is standard in water agreements between Native American tribes and the US government, according to the Indian Country Media Network (ICMN).

It kind of tells me that the state of Utah understands that there’s no water left for the tribes,” John Weisheit, conservation director for Living Rivers, a Utah-based water advocacy group, told ICMN last July. “They’re first in rights, but last in line for water.”

An advising attorney for the Navajo Nation, Daniel Cordalis, who is Navajo, pointed out that the situation is more nuanced than that, as the water rights deal with the San Juan River, not the Colorado. The agreement allows the Navajo Nation to draw water from aquifers, the San Juan, and its tributaries, as well as the ability to divert water from Lake Powell, though the tribe does not currently have plans to do so.

“The San Juan River is not burdened with downstream water rights such that those existing water rights present a significant detriment to Navajo’s 81,500 acre-feet a year (AFY) right,” he said. “In our opinion, there will be enough water in the San Juan River to achieve the full settlement value on a yearly basis.”

“What the settlement does is provide that flexibility for tribal members to both use water now and have enough water for future development, which ultimately is most important,” Cordalis added.

Last January, the Navajo Nation Council quickly approved the water rights agreement with a 13-7 vote after it was announced. By July, all seven Navajo chapters in Utah had also signed on, and Navajo Nation President Russell Begaye gave the agreement a tentative stamp of approval. On Thursday, Begaye said the deal “represents a win-win for the Navajo Nation and the State of Utah,” and called on Congress to pass “this historic legislation.”

The agreement also allows for economic development and for leasing water to off-reservation entities, and Navajo communities in the Beehive State won’t lose any water they don’t use.

“Water is the lifeblood of the West. With Navajo water rights finally quantified, they can now benefit economically from a resource that is rightfully theirs,” Chaffetz said.

“The water infrastructure that will be built as a result of this agreement is long overdue. This pact provides tangible benefits that improve the quality of life for Utah Navajo.”

Source*

Related Topics:

This Grandma Drives 3,500-Gallon Tank 75 Miles a Day to Bring Clean Water to Parched Navajo Nation*

Lakota Sioux “water protectors” Inspire the Nation*

Indigenous and Environmental Groups Sue Trump over Keystone XL*

Fracking Companies Free to Use 70 Million Gallons Of Clean Water in the Midst of U.S. Record Drought*

U.S. Now Taxing Collection of Rainwater*

The Hopi Call for Water Rights

On the Rights of Nature*

Standing Rock Sioux Tribe’s Message to Water Protectors and Allies*

 

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Canada’s Surgeons Harvesting Organs from Euthanised Patients*

Canada’s Surgeons Harvesting Organs from Euthanised Patients*

By Michael Cook

Taking advantage of the country’s new law, Canadian transplant surgeons have harvested organs from dozens of euthanasia patients. According to the National Post, 26 people in Ontario who died by lethal injection have donated tissue or organs. This involved mostly corneas, skin, heart valves, bones and tendons.

The National Post’s report only covered Ontario. Bioethicists, Transplant Quebec and an ethics committee of the Quebec government in Quebec argued last year that euthanasia could be a good source of organs, so it is quite possible that similar procedures have been carried out in that province as well.

“If we accept people can make decisions to end life, and we accept the idea of cardiac death being sufficient for organ donation, this should be acceptable,” Dr James Downar, of Dying with Dignity Canada, told the Post, to allay fears that patients could be pressured into donating organs.

Oddly enough, this is a topic which did not emerge in discussions about euthanasia before the Supreme Court legalised it in 2015. An influential report by a Royal Society of Canada Expert Panel did not even mention it, for instance, nor the Supreme Court’s decision in Carter vs Canada.

Coordinating organ transplants with euthanised donors has been going on for several years in Belgium and the Netherlands. About 40 cases in the two countries have been reported. Last year Dutch physicians at the Maastricht University Medical Center and the Erasmus University Medical Center Rotterdam published a multidisciplinary manual for the complex procedure.

A recent article in the Impact Ethics blog by Professor Jennifer A. Chandler, of the University of Ottawa, pointed out that combining organ donation with euthanasia could lead to some tricky issues in ethics, law and conscientious objection:

  • What if a patient seeks euthanasia to direct his donation to a family member? The potential for abuse is obvious.
  • What if a next-of-kin is asked to approve organ donation after a person has been euthanised but has left no instructions?
  • What if the transplant surgeon has a conscientious objection to the procedure? Should he be forced to do it?
  • What if a recipient objects to receiving an organ from a euthanised patient?

Source*

Related Topics:

Israelis Trafficking in Syrian Children’s Body Organs*

Parents Pressured into Donating Organs of their 4 Month Old Baby After Receiving 7 Vaccine Doses*

New French Law Turns All Citizens into Automatic Organ Donors*

18,000 Syrian Children Victim to Organ Harvesting

Egypt Busts Int’l Organ Trafficking Network*

Africans Found Butchered Organs Removed In Egypt*

Some Refugees Are Being Sold For Organs*

Rape and Organ Theft in Turkish Refugee Camps*

Man Killed 27 People after Transplanted with the Heart of a Serial Killer*

Why Are White Americans Dying Off?

Why Are White Americans Dying Off?

By Jared Keller

New research points to a disturbing culprit behind rising mortality rates among whites: a feeling of economic hopelessness.

(Photo: José Duarte/Unsplash)

 

In 2015, Nobel economics laureate Angus Deaton and renowned economics professor Anne Case published a disturbing diagnosis for American society: White people are dying.

To be more exact, Case and Deaton found that middle-aged, non-Hispanic Americans without a college degree experience a significantly higher mortality rate than those in advanced countries like the United Kingdom or Germany. While everyone else in the United States is getting healthier and living longer, it’s that segment of whites who accounted for “half a million deaths” between 1999 and 2013.

To scientists, the sudden die-off in middle-of-the-road white Americans constitutes a phenomenon “unprecedented in the annals of public health among developed nations” with the exception of the post-U.S.S.R. deaths of Russian males and, in some ways, the first shock waves of the AIDs crisis in the early 1980s.

A similar analysis of American morbidity conducted in 2016 by the National Center for Health Statistics found that more Americans were killing themselves than at any other time in the last three decades — and that the sudden uptick in suicides was concentrated on the same middle-aged, economically stagnant white Americans who showed a turn toward death in Case and Deaton’s 2015 analysis.

The evidence seemed clear: 19th-century sociologist Emile Durkheim’s pioneering research connecting suicide rates to social alienation and disenfranchisement is alive and well in those Americans left behind by the demographic and technological transformation of the U.S. “The role of suicide, drugs, and alcohol in the white midlife mortality reversal,” Paul Starr observed in The American Prospect, “is a signal of heightened desperation among a population in measurable decline.”

A new analysis by Deaton and Case, published by the Brookings Institution, offers a 21st-century interpretation of Durkheim’s classic theory of anomie: “[c]umulative disadvantage,” an increasingly diminished chance at success in every arena from work to marriage “triggered by progressively worsening labor market opportunities at the time of entry for whites with low levels of education.” The result of cumulative disadvantage is, in their own words, a “Durkheim-like recipe for suicide”:

This process, which began for those leaving high school and entering the labour force after the early 1970s — the peak of working class wages, and the beginning of the end of the “blue collar aristocracy” — worsened over time, and caused, or at least was accompanied by, other changes in society that made life more difficult for less-educated people, not only in their employment opportunities, but in their marriages, and in the lives of and prospects for their children. Traditional structures of social and economic support slowly weakened; no longer was it possible for a man to follow his father and grandfather into a manufacturing job, or to join the union. Marriage was no longer the only way to form intimate partnerships, or to rear children. People moved away from the security of legacy religions or the churches of their parents and grandparents, towards churches that emphasized seeking an identity, or replaced membership with the search for connections. …

These changes left people with less structure when they came to choose their careers, their religion, and the nature of their family lives. When such choices succeed, they are liberating; when they fail, the individual can only hold him or herself responsible.

This phenomenon, in Deaton and Case’s account, presents itself not merely through suicide but also through “death of despair,” mortality rates tied to drug and alcohol abuse, suicide, and other self-inflicted wounds:

(Chart: Brookings Institution)

 

This experience isn’t exclusive to areas we might assume have high concentrations of middle-aged, poorly educated whites directly affected by the collapse of American manufacturing. The epidemic has spread nationwide since 1990, according to Deaton and Case’s research:

This isn’t just because of the regional evaporation of manufacturing jobs. Despair, for those whites left behind by the progress of the nation, knows no zip code or industry, only the resources available for people to make their own way — resources increasingly unavailable to Americans without a college diploma:

(Chart: Brookings Institution)

 

Unfortunately, this newfound experience of cumulative disadvantage for middle-aged whites, once the epitome of American social power, looks immune to policies that emphasize bolstering the economic resources of the socioeconomically disadvantaged.

“Policies, even ones that successfully improve earnings and jobs, or redistribute income, will take many years to reverse the mortality and morbidity increase, and that those in midlife now are likely to do much worse in old age than those currently older than 65,” Deaton and Case write.

“This is in contrast to an account in which resources affect health contemporaneously, so that those in midlife now can expect to do better in old age as they receive Social Security and Medicare.”

In some policy spheres, there’s was a belief that Donald Trump’s election would prove a catharsis for middle-aged white Americans, replacing the despair seen by Case and Deaton with a sense of hope similar to that experienced by portions of the American electorate after the election of Barack Obama in 2008. But Deaton and Case’s research offers a clear counter to that notion: Populism can treat the symptoms of what ails white America, but it can’t fix the root cause.

Source*

Related Topics:

White American Women Are Dying Prematurely*

No Surprise: US Black People Falsely Convicted More Than Whites*

Media Fell for Nazi-Manufactured ‘White Genocide’ Scandal*

White Privilege Gets No Prison Time for Raping 2-Year-Old Girl and Posting It Online*

Native American Council offers Amnesty to 220 million Undocumented Whites*

Five Times Western Media Failed to Call White Shooters Terrorists*

 

 

Judge Orders Removal of Gas Pipeline from Native American Property*

Judge Orders Removal of Gas Pipeline from Native American Property*

By Claire Bernish

 

Seventeen years after the expiration of an easement, a federal judge has ordered an energy company to completely remove its pipeline from the properties of 38 Native American landownersnone of whom have been compensated for the company’s use of their land since the year 2000.

Now, the pipeline company will have just six months to dismantle and completely remove the structure.

“Having carefully reviewed the parties’ submissions, and in light of the facts and circumstances in this case,” Judge Vicki Miles-LaGrange wrote in the 10-page decision for the U.S. District Court for the Western District of Oklahoma,

“the court finds that a permanent injunction should be entered in this case. Specifically, it is plaintiffs’ interests in the exclusive possession of their land which has been invaded by the presence of the pipeline and defendants’ continued use of the pipeline.

“Further, Defendants have continued to use the pipeline and although they were advised by the [Bureau of Indian Affairs] on March 23, 2010, more than five and a half years before the instant action was filed, that ‘[i]f valid approval of a right of way for this tract is not timely secured, Enogex should be directed to move the pipeline off the subject property’ …”

Since the granting of the original 20-year easement to Producer’s Gas Company back in 1980, many of the landowners, who are primarily citizens of the Kiowa, Comanche, and Apache Tribes, chose not to renew permission for Enable Midstream Partners, Enogex’ successor, to encroach on their private property — but the company opportuned the fact the ambivalence hasn’t been unanimous.

Court documents disclose the original parties to the easement were each paid $1,925 in compensation for the natural gas pipeline to traverse the 137-acres of land, individually, a 0.73-acre segment of their property.

But the tense relationship only unraveled from there, as Indianz.com reports,

“After the easement expired in 2000, they were offered $3,080 for another 20-year lease, according to the documents. But a majority of the allotment’s owners never agreed to the proposed amount, which they contend was far below market value.

“Despite the lack of consent, a firm named Enogex continued to operate the pipeline, which is part of a larger network of gas transmission lines in Oklahoma. The trespass continued even after the Bureau of Indian Affairs in 2010 told the company to reach an agreement or stop using the land.”

Despite that assertive demand, the BIA proceeded to accept $1,098.35 in payment for the easement from 2000 until 2002. Worse, Indianz.com notes, the BIA continued to accept payments from Enogex through 2006 — but didn’t bother consulting landowners about the arrangement.

Worse, at one point — and in diametric opposition to its original posturing — the BIA essentially wrested the decision from the very people whose land would be impacted by the continued presence of the pipeline.

“Despite the rejection by a majority of landowners,” the ruling states, “on June 23, 2008, the Interim Superintendent of the BIA’s Anadarko Agency approved Enogex’s application for the renewal of the right-of-way easement for twenty years.”

A complaint filed by the Indigenous landowners ultimately reversed that approval, with the BIA determining “it did not have authority to approve the right-of-way” without the interested parties’ consent — thus, on March 23, 2010, BIA gave the company notice that, if an agreement satisfactory to all involved parties could not be reached in a timely fashion, the pipeline would need to be moved.

Because a compromise never came to fruition, the court held the pipeline operator has been trespassing on private land since that date — specifically striking down arguments from the defense the Oklahoma statute of limitations for trespass had long passed, and that the consent of just five property owners somehow nullified any claims of trespass.

For a federal judge to rule the energy company must remove an operational pipeline from the property of Native American landowners is an acute contrast to the eventual approval by officials for completion of the Dakota Access Pipeline — despite a monumental, months-long upswell of hundreds of thousands standing in opposition.

With a mere six-month window to disassemble and evacuate the pipeline, the federal court is forcing Enable Midstream Partners to tuck tail and rein in its arrogant exploitation of Indigenous Peoples — at least, for now, in this specific case.

Source*

Related Topics:

Indigenous and Environmental Groups Sue Trump over Keystone XL*

Indigenous and Environmental Groups Sue U.S. Administration for Lifting Coal Leasing Ban*

Buffet, Gates Foundation, Bono’s RED and the Dakota Access Pipeline

Trump Team Tied to Atlantic Coast Pipeline Now Being Pushed by White House*

Call on Feds to Consult with Tribes, Follow the Rule of Law before Moving Forward on Oil Pipeline*

Canadian First Nations Battle Pipelines on Ground, in Court*

World Bank Declares itself Above the Law*

El Salvador 1st Country to Ban Gold and Metal Mining to Protect the Environment*

Washington Paedophile Epidemic So Bad Police Tell Children to Stay Indoors*

Washington Paedophile Epidemic So Bad Police Tell Children to Stay Indoors*

By Daniel Newton

The Paedophile problem in Washington DC has reached such epidemic proportions Police have now urged young people to “stay at home” so they don’t risk becoming victims of the elite Paedophile sex trafficking rings that are currently infesting the capital. The nation’s capital has become a hotbed of missing children as officials have seen a huge spike in the number of young people going missing in the light of the elite paedophile rings that operate in the city.

YNW reports: On Wednesday, the Joe Clair Morning Show talked with Chanel Dickerson, the new commander of the Washington D.C. Police Youth and Family Services Division, about why so many teens and children are missing and how young people can protect themselves from D.C. predators.

“What preventative measures can young people take, specifically so they don’t become a victim of human trafficking?” Joe Clair asked.

The D.C. policewoman’s response hinted at the seriousness of the human trafficking epidemic in the nation’s capital:

“Stay home, it’s as simple as that. If they stay home, it reduces the risk. I’m not saying that’s the fix-all but that’s where we have to start. We have to start small, this is a problem and it’ll take a community effort, but we have to start small,” Chanel Dickerson said.

Federal investigation

The extraordinary advice from D.C. police comes days after the first Democrat elected official pleaded guilty to raping a child, and adds weight to President Trump’s claim that the nation’s capital is suffering from an unprecedented sex trafficking plague. President Trump announced a federal investigation into the elite paedophile scandal involving human trafficking in February and promised to help put an end to the “horrific, really horrific crimes taking place.” The president held a short, dramatic press conference after meeting with human trafficking experts to announce that he will direct “the Department of Justice, the Department of Homeland Security and other federal agencies” to devote more resources and personnel to the investigation. Appearing at the press conference for less than two minutes, President Trump said that the issue has been on the radar of federal government “for some time” but since taking office in January the investigation has become “much more focused.”

“It has been much more focused over the last four weeks, I can tell you that. Appearing calm and determined, Trump thanked staff members and his daughter Ivanka for their hard work on the issue in the lead up to his announcement. While the establishment and mainstream media have been trying to destroy the investigation into Pizzagate and suppress the findings, the Trump administration have been quietly researching and launching low-level take downs, gathering evidence in order to move up the chain. Trump made it clear that the investigation intends to go all the way to the top, promising to bring the “full force and weight of our government” to eradicate the insidious problem.

Trey Gowdy Fights Tears As He Vows To Destroy Elite Paedophile Ring

 “I want to make it clear today that my administration will focus on ending the absolutely horrific practice of human trafficking and I am prepared to bring the full force and weight of our government at the federal level in order to solve this horrific problem that is getting worse.

“Human trafficking is a dire problem, both domestically and internationally, and is one that’s made really a challenge. And it’s really made possible to a large extent, more of a modern phenomenon, by what’s taking place on the Internet, as you probably know.

“Solving the human trafficking epidemic, which is what it is, is a priority for my administration. We’re going to help out a lot. “Solve” is a wonderful word, a beautiful word, but I can tell you, we’re going to help a lot.”

Former Congresswoman Cynthia McKinney welcomed the news on Twitter and provided D.C insider information: if Trump goes straight all the way with the investigation, senior Democrats and Republicans in D.C are going to be bought down.
Source*

Related Topics:

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

Dutch Media Cancels Dr. Phil Show after Exposing Elite Paedophilia Ring*

DHS Snatches Girl from Mother, Places Child with a Paedophile*

Uncle Sam Wants Your Children*

FBI Investigate Child Sex Ring Within U.S. Police Force*

Bayer and U.S. Govt. Knowingly Gave HIV to Thousands of Children*

Arizona Child Traffick Racketeering via CPS and Doctors on Trial before U.S. Supreme Court*

Major lawsuit Hits Israeli Minister, Judges, and U.S. Zionist Donors for Child Trafficking*

U.S. to re-Define Law on Sexual Consent*

U.S. Epidemic of Sexually Abusive Doctors Runs Rampant under Medical System’s Shroud of Secrecy*

42 Arrested in Tennessee Sex Trafficking Operation*

Planned Parenthood was Caught Covering up Child Sex Trafficking*

FBI to Release Evidence on Clinton Child Sex Scandal*

Rwanda Indicts French Generals for 1994 Genocide*

Rwanda Indicts French Generals for 1994 Genocide*

A man stands by the rows of human skulls and bones that form a memorial to those who died in the red-brick church that was the scene of a massacre during the 1994 Rwandan genocide

 

By Thomas C. Mountain

Late in 2016, the Rwandan government indicted several senior French Army generals for crimes against humanity, including genocide for their role in the 1994 Rwandan holocaust.

The Rwandan case against the French generals is based on the French having instigated and trained the Interhamwe paramilitary Hutu militia that was responsible for most of the killings of the minority Tutsi tribe and its supporters. This most inconvenient of facts is admitted to by the French media that are still trying to shrug off blame for the French crimes in Rwanda and deny any “smoking gun” exists.

This latest in a long series of Rwandan government exposés of the French military and Foreign Ministry’s role in the 1994 mass murder (some 800,000 by most accounts) provides that very “smoking gun,” for the well documented French military role in the very existence of the Interhamwe death squads in undeniable.

Who is going to believe that after creating, training and paying the salaries of the leadership, the French had no idea the Interhamwe ethnic death squads were going to carry out what they were broadcasting so rabidly? It goes further, for the evidence shows the French were actually behind the mass murder in just another storm of massacre and mayhem that typifies neocolonial French Africa.

All one has to do is view the excellent three-part series on Al Jazeera, “The French African Connection,” to hear first-hand senior French Intelligence agents matter of factly describe coup d’états and mass murder they directed in the years before the Rwandan genocide throughout neocolonial French Africa. After watching the series, tell me you still don’t believe the French were capable of the crimes committed in Rwanda in 1994?

Earlier in 2016, news broke about the French role in suppressing the anti-neocolonial rebellion that broke out in Cameroon in the 1970s, where over 10,000 Cameroonian’s were murdered by the Cameroon Army directed by French officers. All to maintain French control of their former “colonies” and continue the super exploitation of African resources that is critical to maintaining the high standards of living the French people have come to expect.

The French military is still very active in enforcing neocolonialism in French Africa, with contingents and or training operations in Mali, Central African Republic, Congo, Djibouti and Cote d’Ivoire. France has been at the forefront in demanding military intervention in Burundi by the UN, offering military forces for a potential occupation. French neocolonialism remains a potent force of reaction in Africa today and recognizing the French role in the Rwandan genocide in 1994 can play a vital role in helping the world understand this thorn in the side of the African peoples fight for independence, social equality and justice. Rwanda indicting French generals for genocide is a good start.

Source*

Related Topics:

Britain’s Role in Rwanda’s 1994 Genocide*

Rwanda Wins Award for Forest Reclamation

French Presidential Favorite Macron sparks firestorm for Speaking the Truth about Colonization*

French Draft Resolution on Syria Reflects its Longing for its Colonial History in Africa*

French Terrorists Dispatched to Sub-Saharan Africa*

French Troops with U.K., U.S. Support Engaged In War on Libya*

 

Moscow and Beijing Establish BRICS Monetary Transactions Framework in Gold*

Moscow and Beijing Establish BRICS Monetary Transactions Framework in Gold*

Trading in local currencies has already started — and lays the groundwork for facilitating BRICS transactions in gold

Recent progress made in streamlining trade in local currencies has brought Moscow and Beijing closer to creating a financial architecture that could facilitate transactions in gold.

As we reported last week, Moscow and Beijing took another step towards de-dollarization with the opening of a yuan clearing bank in Russia. And earlier this month Russia’s Central Bank opened its first-ever foreign branch in Beijing to allow for better communication between Russian and Chinese financial authorities.

China and India’s gold

China & India’s Gold

According to an article published yesterday by Sputnik, progress made in promoting bilateral trade in yuan is the first step towards an even more ambitious plan — using gold to make transactions:

  1. The clearing center is one of a range of measures the People’s Bank of China and the Russian Central Bank have been looking at to deepen their co-operation. […]
  2. One measure under consideration is the joint organization of trade in gold. In recent years, China and Russia have been the world’s most active buyers of the precious metal.
  3. On a visit to China last year, deputy head of the Russian Central Bank Sergey Shvetsov said that the two countries want to facilitate more transactions in gold between the two countries.

Russian Gold 2017

 

The possibility of trading in gold has been discussed by Russian officials over the last year. Last April, First Deputy Governor of the Russian Central Bank Sergey Shvetsov told TASS:

“BRICS countries are large economies with large reserves of gold and an impressive volume of production and consumption of this precious metal. In China, the gold trade is conducted in Shanghai, in Russia it is in Moscow. Our idea is to create a link between the two cities in order to increase trade between the two markets.”

Future plans to facilitate transactions between Moscow and Beijing in gold would certainly explain why the two countries are leading gold producers and buyers. Creating a BRICS “gold marketplace” would be an excellent way of bypassing the dollar while also using a “currency” that could be easily recycled for trade with other member nations.

And while trading in gold won’t happen overnight, BRICS states have already moved towards creating a “new financial architecture” that “tackles the dominance of the U.S. dollar in global finance”:

The initiatives taken by the member nations of BRICs (Brazil, Russia, India, China, and South Africa) to set up a new financial architecture at its eighth summit held in October 2016 in India have recently been under the spotlight.

In order to avoid the International Monetary Fund (IMF) type of loan conditionalities and tackle the dominance of the United States (US) dollar in global finance, the new institutions set up by the BRICs are expected to provide a much needed change in the global financial architecture.

These institutions include the New Development Bank (NDB), the BRICS-led Contingency Reserve Fund (CRF), and the Asian Infrastructure Investment Bank (AIIB).

As one financial expert noted recently:

In recent years, the BRICS countries – Brazil, Russia, India, China and South Africa – have been taking small steps to reduce the primacy of the dollar in international trade. China has been leading this effort in recent years.

I recently came across this headline published by the South China Morning Post: “Moscow and Beijing join forces to bypass U.S. dollar in world money market.” You see, Russia and China have been working towards stronger economic ties for years.

The latest sign of this cooperation happened March 16, when the Central Bank of Russia opened its first overseas office in Beijing. The local news called this “a small step forward in forging a Beijing-Moscow alliance to bypass the U.S. dollar in the global monetary system.”

Trading in yuan is just the first step.

There are much bigger plans in the works.

[FYI: Genghis Khan ~ The Mongol Empire:

August 21, 1264 Kublai Khan becomes the Great Khan.

After a protracted civil war, Ariqboqe surrenders to Kublai Khan at Shangdu. This solidifies Kublai Khan’s power and allows him to once again begin campaigns of conquest. He finally defeats the Song Dynasty in southern China and puts his own regime in place, called the Yuan, which makes the Mongols the first non-Chinese people to conquer all of China. ”

The word “yuan” means “origin of the universe.”

1368 The Ming Dynasty reclaims China and the Mongol Empire ends.

After Kublai Khan, the Mongols disintegrate into competing entities and lose influence, in part due to the outbreak of the Black Death. In 1368, the Ming Dynasty overthrows the Yuan, the Mongols’ ruling power, thus signifying the end of the empire.]

Source*

Related Topics:

Russia Preparing for Potential Removal from International Banking System*

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*

US Losing Financial Credibility‘ : Gerald Celente on China International Bank -AIIB!

Rothschild Makes Dismal Admission — His Financial World Order Now “Threatened”*

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

World Freemasons Gather in Tokyo to Select New Leader as Golden Age Dawns*

Behind the Global Financial Reset*