Fitch names oil exporters “vulnerable” to credit downgrades if weak prices persist..OPEC decides not to cut oil production

•November 29, 2014 • 3 Comments

fitch-warns-oil-budget.si

http://rt.com/business/208771-fitch-warns-oil-budget/

Bahrain, Angola, Venezuela, and Ecuador are the most vulnerable to sovereign credit rating downgrades if low oil prices continue through 2015, Fitch said in a report.

Ratings agency Fitch released a report Tuesday breaking down oil exporting countries into three rankings based on how well their economies are prepared to weather weak oil prices through 2015. The report looked at how quickly the domestic budget would erode under continued pressure in lost oil revenues.

Bahrain, Angola, Venezuela, and Ecuador were named as most vulnerable since they have most overestimated the price of oil when planning their budgets.

Low oil prices create less money for the national budget. This will affect the balance of payments in most countries, which could result in sovereign credit downgrades by the international rating agency.

While some OPEC countries are quite vulnerable to oil prices, Kuwait is not, as its “break even” oil price is below $60 per barrel, similar to non-OPEC countries Abu Dhabi and Norway.

Saudi Arabia, a heavyweight in OPEC decisions, has the largest fiscal surplus buffer, according to Fitch. Russia, which produces 14 percent of the world’s oil, is also in a similar position, as it has vast (more than $440 billion) in currency reserves.

OPEC members meet Thursday in Vienna to discuss reducing production to push back up oil prices, which have fallen more than 30 percent since mid-June levels, and are hovering near $80 per barrel, a 4-year low.

http://www.washingtonpost.com/business/economy/opec-decides-not-to-cut-oil-production-sending-crude-prices-to-4-year-low/2014/11/27/01a13e18-7673-11e4-9d9b-86d397daad27_story.html

OPEC decided not to cut oil production to boost falling prices, sending benchmark crude plunging to a four-year low.

Brent crude, the international benchmark, fell more than $6, to $71.25 a barrel, after OPEC ministers meeting in Vienna left the group’s output ceiling unchanged despite huge global oversupply. The decision reflected OPEC’s lessening oil clout and marked a major shift away from its long-standing policy of defending prices.

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oil has fallen even lower..its called supply and demand..and if you keep the same rate of supply whilst demand falls you produce to much and the price drops..new entries into the market like shale from the USA will also cause this effect..good for the consuming end user though..

i still think OPEC have the aces..if they did decide to cut production the price can go the other way just as quick as well..its the non OPEC family who can spoil this scenario..

401

GoPro planning to jump into the consumer drone market

•November 29, 2014 • 2 Comments

41474_01_report_gopro_planning_to_jump_into_the_consumer_drone_market

http://www.tweaktown.com/news/41474/report-gopro-planning-to-jump-into-the-consumer-drone-market/index.html

Action camera maker GoPro plans to jump into the consumer drone market sporting high-definition cameras, which will launch in 2015, according to a report published by the Wall Street Journal. The drones should be available late next year and costs will range from $500 up to $1,000 per drone, but design styles are still unknown.

GoPro camera models already are compatible with some consumer drones currently available, and transitioning into drone manufacturing could be a lucrative effort. However, with companies such as DJI Innovations and other consumer drone manufacturers in a suddenly booming market, competition will be intense.

A GoPro spokesman told the WSJ that “jaw-dropping GoPro footage recorded from quadcopters,” is already available – and producing impressive content. “Earlier this year, to study the policy implications and to protect the rights of our users, GoPro joined the Washington-based Small UAV coalition,” the spokesman mentioned.

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the normalising of drones in society is nearly complete..soon everyone can have one..just like owning a lawnmower..great images and views should not hide the fact that they bring invasions of privacy..and they are weapons of death if you live in a muslim country in the middle east..sure they are bigger there and not the same as the ones pictured above but the point is they are not required for general living..and its a crossover from weapon of war, which was their purpose, to a consumer’s new toy..

401

Forex rigging probe..US prosecutors to grill London traders

•November 29, 2014 • Leave a Comment

DOJ

http://rt.com/uk/208687-us-prosecutors-london-traders/

US prosecutors are set to travel to London in the forthcoming weeks to probe City traders about currency market manipulation. However, British prosecutors are yet to file a criminal charge against UK financiers who rigged the rates.

US Department of Justice (DOJ) officials will interview a group of current or former HSBC employees, along with other City bankers, as part of their criminal investigation into foreign exchange market (Forex) manipulation, inside sources told Reuters on Tuesday

The largely unregulated $5.3-trillion-a-day foreign exchange market is used by corporate treasurers and asset managers to value their funds.

The American body is currently investigating whether banks colluded to alter Forex rates and bolster their profits in the process. Such a maneuver is a violation of American and UK fraud and anti-trust laws. Prosecutors are also investigating whether traders deliberately misled their clients.

US authorities are expected to charge guilty banks and individuals in the aftermath of the investigation. But culpable banks will most likely resolve the charges through guilty pleas or deferred prosecution agreements, rather than outright litigation.

Reflecting on US authorities’ plans to probe and potentially prosecute City traders, HSBC whistleblower and financial activist Nicholas Wilson says it is unlikely that UK authorities will be so proactive.

“It’s very interesting that US prosecutors are travelling to the UK to interview HSBC staff,” he told RT on Tuesday.

“They wouldn’t have to if UK regulators took appropriate action. HSBC is being prosecuted for fraud by Belgium and France, and US authorities are preparing for prosecutions.”

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http://seeker401.wordpress.com/2014/11/22/hsbcs-private-banking-arm-accused-of-tax-fraud-by-belgium/

the british are trying to do nothing to bankers as they always do..the DOJ is trying to look like they are doing something as they always do..nobody will go to jail..as they never do..

“The largely unregulated $5.3-trillion-a-day foreign exchange market is used by corporate treasurers and asset managers to value their funds.”

UNREGULATED..get that in your head..

401

47 already dead in Madagascar plague outbreak

•November 29, 2014 • 1 Comment

plague3

http://rt.com/news/208843-deaths-madagascar-plague-outbreak/

Over 40 people have already died in a plague outbreak on Madagascar and the UN World Health Organization (WHO) has warned of a “rapid” spread of the bacterial disease carried by rats in the capital Antananarivo.

The death toll of the bubonic plague outbreak in Madagascar has risen to 47, Secretary-General of the Health Ministry of the island state Philemon Tafangy said on Tuesday, while the number of suspected plague cases reached 138.

The first reported case on the island was a man from the village of Soamahatamana on August 31. He later died on September 3.

On November 4, the Health Ministry notified the WHO of a plague outbreak. Since then, plague cases have been reported in 16 Madagascan regions – two percent of which are the pneumonic form.

There have also been two cases, including one death, in the country’s capital of Antananarivo, where the disease is rapidly spreading. “There is now a risk of a rapid spread of the disease, due to the city’s high population density and the weakness of the healthcare system,” according to a WHO press release.

The WHO said it is working with its partners – including the Red Cross, the Pasteur Institute of Madagascar, and the Commune urbaine d’ Antananarivo – and the Madagascan government to try to control the outbreak.

Measures such as protective equipment, insecticides, spray materials, and antibiotics have been“thoroughly implemented in the affected districts,” according to the organization.

But “the situation is further complicated by the high level of resistance to deltamethrin, an insecticide used to control fleas, that has been observed in the country.”

Plague is a bacterial disease which mainly affects rats and is spread from one rodent to another via fleas. If humans are then bitten by an infected flea, they are likely to develop bubonic plague, which produces a swelling of the lymph node. Bubonic plague can develop into pneumonic plague, which is far more deadly.

http://www.who.int/csr/don/21-november-2014-plague/en/

On 4 November 2014, WHO was notified by the Ministry of Health of Madagascar of an outbreak of plague. The first case, a male from Soamahatamana village in the district of Tsiroanomandidy, was identified on 31 August. The patient died on 3 September.

As of 16 November, a total of 119 cases of plague have been confirmed, including 40 deaths. Only 2% of reported cases are of the pneumonic form.

Cases have been reported in 16 districts of seven regions. Antananarivo, the capital and largest city in Madagascar, has also been affected with 2 recorded cases of plague, including 1 death. There is now a risk of a rapid spread of the disease due to the city’s high population density and the weakness of the healthcare system. The situation is further complicated by the high level of resistance to deltamethrin (an insecticide used to control fleas) that has been observed in the country.

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time to start following this one i reckon..smells like the start of the Ebola event when there was only 20-30 dead and it wasnt getting much air time..didnt

http://seeker401.wordpress.com/2014/01/14/plague-inc-killing-humanity-cdc-endorsed/

http://seeker401.wordpress.com/2009/11/26/us-patent-for-antibodies-against-pneumonic-plague-filed-august-11th-2009/

401

China the next Jewish superpower?

•November 29, 2014 • 1 Comment

1a

ds34-43

http://endzog.wordpress.com/2013/08/07/financial-collapse-post-western-destruction-china-the-coming-jewish-superpower/?blogsub=confirmed#subscribe-blog

RUSSIAN AND CHINA ARE THE NEXT POWER BASES OF THE JEWS WHEN THEY HAVE FINALLY CONSUMED THE WEST. A WAR, EVEN A COLD WAR, WITH RUSSIA TO DEFEAT THE WEST WILL PROVIDE A HAVEN FOR JEWISH POLITICAL POWER IN MOSCOW AS IT COMES UNDER PRESSURE IN LONDON AND WASHINGTON. CHINA IS THE NEXT FINANCIAL CENTER OF WORLD JEWRY.

FACT: THE CHINESE AND FOR THAT MATTER THE RUSSIAN BANKS WERE, HAVE BEEN AND REMAIN IN THE CONTROL OF THE JEWS AND JUST AS AMERICANS AND EUROPEANS ARE UNABLE TO UNDERSTAND THIS CONCEPT WITH THE FEDERAL RESERVE AND BANK OF ENGLAND SO ARE RUSSIANS OR THE CHINESE THEMSELVES.

NOR CAN THE AFRICANS NOW BEING TARGETED BY THESE ‘CHINESE’ INSTITUTIONS IN AN ACT OF FRIENDLY-FACED NEO-COLONIALISM AS ‘CHINA’ STEALS AFRICAN RESOURCES FROM THE AMERICAN SPHERE.

Having seized control of all Western economies, banking, governments, media, justice systems, education and entertainment, brainwashed the white nations into self-hate and ethnic suicide on the basis of a totally created Holohoax, filled all white nations with millions of third-worlders to out-breed the people and destroy their race and culture, after robbing the entire Western world through systematic Jewish financial crime and media moral corruption, after centuries of plundering Africa and the ‘third world’ using usury and fractional reserve banking and operating behind the war-indebted thrones of European monarchies to engage them in colonialism and the seizing of the African slave trade from the Arabs, the Jews, the living human parasite and cancer that Mahatma Ghandi said would destroy all of humanity with their inate sense of greed and appetite for war; who have no nation but the whole world, are now upping stumps to their ‘new world’ Asia. Asia where they have already raped Japan and India, and no doubt will bomb Myanmar and anyone else, just as they did and continue to do to any nation in in the Middle East who’s banks are not yet totally open to their further exploitation.

First they seized control of all Western industry through bankster financial power, then they destroyed the quality of the product from the top and abused the workers below. The abuse of the workers created an opening for their second arm; the Jewish created and controlled Marxist Trade Unions. Between the hammer of deliberate incompetence, financial corruption and deterioration of the product at the top and the wanton strikes, go-slows and undermining workers pride in their trades, company and product at the bottom the Jewish Zioncorporations smashed Western industry between these two great hammers. Then they robbed the workers pensions, forced them into slave contracts and shipped all the machinery abroad to China and India; their coming Major field of operations.

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thanks to maria for the link..

the full article is much longer than what i have copied..check it out..you are going to see and read some incredible things..trust me..

then look at this small list..and tell me what they have in common..

http://en.wikipedia.org/wiki/Category:Naturalized_citizens_of_the_People%27s_Republic_of_China

rewi hides his origin better than the other 6 but he is part of the club as well which you find as you dig deeper and discover..he also liked young boys..

401

Gates looks at LENRs as future energy source

•November 29, 2014 • 1 Comment

LOGO_ENEA_ita

http://news.newenergytimes.net/2014/11/14/gates-looks-at-lenrs-as-future-energy-source/

Bill Gates, pioneer in the digital world, is exploring low-energy nuclear reactions (LENRs), the frontier of energy research.

On Wednesday, he visited a small laboratory on the sprawling campus of a government lab in Frascati, just outside of Rome, Italy. The lab is one of several large ones under the Italian National Agency for New Technologies, Energy and the Environment.

While at ENEA-Frascati, Gates listened to a lecture by ENEA scientist Vittorio Violante and observed LENR experiments in his lab. Gates was there with Lowell Wood, a physicist who once worked with Edward Teller at Lawrence Livermore National Laboratory. Wood is now a professor of physics at the University of Houston.

ENEA-Frascati has been working on thermonuclear fusion research for many years. Gates, too, has had an interest in energy research and has been funding Terrapower, a commercial effort to make a practical traveling-wave nuclear fission reactor.

New Energy Times describes LENRs as “laboratory experiments which have the potential to produce nuclear-scale energy and nuclear products but without the harmful effects of conventional nuclear energy. LENRs are weak interactions and neutron-capture processes that occur in nanometer-to-micron-scale regions on surfaces in condensed matter at room temperature. Although nuclear, LENRs are not based on fission or any kind of fusion, both of which primarily involve the strong interaction.”

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“potential to produce nuclear-scale energy and nuclear products but without the harmful effects of conventional nuclear energy.”

safe nuclear energy..safe and nuclear dont really mix do they?

401

ECB takes over supervision of largest banks in Eurozone

•November 28, 2014 • 13 Comments

daniele-nouy.si

http://news.xinhuanet.com/english/euruope/2014-11/05/c_133766030.htm

A new era in banking supervision began on Tuesday as the European Central Bank (ECB) assumed its direct supervisory role over 120 of the largest banks in the Eurozone, under the Single Supervisory Mechanism.

The ECB team is led by President of the Supervisory Council Daniele Nouy, who was formerly head of the French Prudential Supervisory Authority.

Around 1,000 additional ECB employees have been hired for the new banking supervision department. Last weekend, along with their ECB colleagues, they began the move into the new European Central Bank building in the Frankfurt Ostend district.

They will be deployed in work units known as Joint Supervisory Teams. These will be made up of various nationalities, and an important point to note is that the team leader looking at a specific bank will be of a different nationality to the bank being supervised.

The aim is to avoid so called supervisory forbearance.

Nouy has already faced some heavy criticism ahead of officially beginning her work. In preparation for taking over the supervision of major banks the ECB conducted its Asset Quality Review, which was accompanied by a set of stress tests conducted by the London based European Banking Authority (EBA). Together these made up the comprehensive assessment.

The fact that 25 banks failed the stress tests could be taken as a sign of a tough approach by the new supervisor, but 12 of these had already taken action to strengthen their balance sheets. Many market participants have instead focused on the total capital shortfall of 9.5 billion euros (11.9 billion U.S. dollars) uncovered by the Asset Quality Review and stress tests as a sign that the ECB was too lenient in its approach.

http://jewishbusinessnews.com/2014/04/16/deputy-governor-of-the-bank-of-england-howard-davies-rank-mysteries/

There is little doubt that Frankfurt has won the contest with Paris to be the eurozone’s most important financial center. The Germans were smart to insist on putting the European Central Bank there. Given the ECB’s new function as the eurozone’s banking supervisor, Frankfurt can consolidate its victory. Every European Union bank will need to bend the knee to its supervisor on the Main River, even if she does happen to be a Frenchwoman, Danièle Nouy.

http://en.wikipedia.org/wiki/Single_Supervisory_Mechanism

The Single Supervisory Mechanism (SSM) is the name for the mechanism which has granted the European Central Bank (ECB) a supervisory role to monitor the financial stability of banks based in participating states, starting from 4 November 2014. Eurozone states are obliged to participate, while Member states of the European Union outside the eurozone can voluntarily participate. As of 3 November 2014, none of the non-eurozone member states had opted to join, although the ECB reported that some of them had expressed an interest in joining, and that talks were being held with each of them to map which changes to national legislation need to be adopted in order to become a SSM member.

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thanks to maria for the link..

daniele looks like ziggy brzezinski with a wig on..has to be his sisters eh? ;)

this is the big kahuna now in the eurozone when it comes to banking..silently, the biggest banks of sovereign nations in europe will now be under the control of one master..

401

 
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