Kyrgyzstan dumps dollar & yuan for gold amid growing global trade hostilities

•June 22, 2018 • Leave a Comment

https://www.rt.com/business/430331-kyrgyzstan-dollar-yuan-gold/

China’s neighbor Kyrgyzstan has been piling up gold reserves as a hedge against a possible trade war between Beijing and Washington.

The country is seeking to boost the share of gold in its $2-billion international reserves to 50 percent from its current 16 percent.

“The rules of the game are changing,” Kyrgyz Central Bank Governor Tolkunbek Abdygulov told Bloomberg in an interview. “It doesn’t matter what currencies we have in our reserves; dollars, yuan or rubles all make us vulnerable.”

The Kyrgyz currency, the som, slumped to a record low in 2015 following steep depreciation of the Russian ruble amid an oil crisis and stand-off with the West. Since then, the country boosted the share of gold in its reserves from 8 to 15 percent.

Gold is Kyrgyzstan’s largest export. Since 2014, the country’s central bank has been buying up as much of the country’s gold as possible, Abdygulov said.

“If we decide to sell gold, then we can easily sell it and convert into the currency we need,” Abdygulov said. “Taking into consideration that we mine a lot of gold in our country, it’s God-given that we should keep a large part of our reserves in gold.”

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prediction: black flag wavers or similar infiltrate this country within 12 months.. 🙂

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Guy Verhofstadt: Le Pen, Orban and Wilders hell-bent on destroying Europe

•June 22, 2018 • 7 Comments

https://www.rt.com/news/429650-eu-fifth-column-russia-brexit/

The EU Parliament’s Brexit chief has accused Marine Le Pen, Nigel Farage and more Eurosceptic politicians of being Kremlin-funded “fifth columnists” working to destroy Europe from within. He even claimed Brexit was a Russian plot.

While addressing the EU parliament in Strasbourg on Wednesday, Guy Verhofstadt, a Belgian MEP and lead Brexit negotiator for the bloc, singled out Britain’s Nigel Farage, France’s Marine Le Pen, and Dutch MP Geert Wilders as “fifth columnists” who “take Kremlin money and intelligence”. The staunchly pro-EU Belgian then warned about a “circle of evil around our continent” stretching from “[Russian President Vladimir] Putin, [Turkish President Recep Tayyip] Erdogan and, on a bad day, –and that’s every day at the moment– even [US President Donald] Trump”.

The name-calling escalated quickly as even Poland’s Jaroslaw Kaczynski –who can hardly be called a Putin fan, to put it mildly– made it to the ranks of “Russia’s men” in the EU. His pal, Hungary’s PM Viktor Orban, as well as Italy’s Deputy PM Matteo Salvini concluded the list of European right-wing politicians deemed traitorous by the bigwig.

“Europe has a fifth column in its ranks: Putin’s cheerleaders who want to destroy Europe & liberal democracy from within: Le Pen, Wilders, Farage, Orbàn, Kaczynski, Salvini use Kremlin money & intel. Like Farage’s friend Arron Banks, who colluded w/ Russians to deliver #Brexit,” Verhofstadt wrote, in a similar comment posted to Twitter.

He then claimed that Arron Banks, a wealthy businessman and co-founder of Leave.EU, had “colluded” with nameless “Russians” to “deliver” Brexit, one of many remarkably vague accusations which he failed to clarify or support.

Responding to the inflammatory tweet, Farage shot back: “This is a baseless lie. I have never received any Russian financial or political support. I suggest you withdraw,” the British MEP and former UKIP leader wrote.

Responding to Verhofstadt’s remarks, UKIP MEP Ray Finch described the Belgian politician as a “federalist fanatic” who was just “lashing out.” According to the Independent, Finch said Verhofstadt is “incapable or unwilling to accept that the British people voted to leave the EU. Calling 17.4 million people ‘Putin’s puppets’ is so outlandish I fully expect him to blame it on the influence of singer Iggy Pop or the lunar cycle. He is an EU conspiracy theorist who deserves our pity. Funny he did not mention his great friend George Soros who has publicly pumped billions into political campaigning.”

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the evil triumvirate eh?

Europe has a fifth column in its ranks: Putin’s cheerleaders who want to destroy Europe & liberal democracy from within: Le Pen, Wilders, Farage, Orbàn, Kaczynski, Salvini use Kremlin money & intel. Like Farage’s friend Arron Banks, who colluded w/ Russians to deliver #Brexit,” Verhofstadt wrote, in a similar comment posted to Twitter”

*yawn

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U.S. quits UN Human Rights Council

•June 21, 2018 • 3 Comments

https://www.bloomberg.com/news/articles/2018-06-19/trump-is-said-ready-to-pull-u-s-from-un-s-human-rights-council?cmpid=socialflow-twitter-business&utm_source=twitter&utm_medium=social&utm_content=business&utm_campaign=socialflow-organic

The Trump administration withdrew from the United Nations Human Rights Council on Tuesday, making good on a pledge to leave a body it accused of hypocrisy and bias against Israel.

“For too long, the Human Rights Council has been a protector of human rights abusers, and a cesspool of political bias,” Nikki Haley, the American ambassador to the UN, said Tuesday at the State Department in Washington. She said the decision was an affirmation of U.S. respect for human rights, a commitment that “does not allow us to remain a part of a hypocritical and self-serving organization that makes a mockery of human rights.”

The 47-member council, created in 2006 and based in Geneva, began its latest session on Monday with a broadside against President Donald Trump’s immigration policy by the UN’s high commissioner for human rights, Zeid Ra’ad al-Hussein. He called the policy of separating children from parents illegally crossing the southern border of the U.S. “unconscionable.”

The Trump administration is under intense criticism from business groups, human rights organizations and lawmakers from both parties over the recently imposed policy.

While the timing was jarring, the U.S. withdrawal had been in the works for some time, and reflects broader skepticism among conservatives toward it. National Security Adviser John Bolton had opposed the body’s creation when he was U.S. ambassador to the UN in 2006.

Haley warned a year ago that the U.S. would pull out if the council didn’t address what she saw as its bias toward Israel and the fact that many of its current members — they include China, Saudi Arabia and Egypt — have poor human rights records themselves.

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trump is the best president (((they))) have ever had..

its all about israel..

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Brexit defeat for UK government

•June 20, 2018 • Leave a Comment

https://www.9news.com.au/world/2018/06/19/05/30/uk-house-of-lords-rebel-against-government-over-brexit

Britain’s House of Lords is making another attempt to win Parliament a greater say over the country’s departure from the European Union.

Parliament’s unelected upper chamber amended the government’s flagship Brexit bill on Monday so MPs’ approval is needed before the government agrees to a final divorce deal.

But pro-EU legislators want to be able to send the government back to the negotiating table if they don’t like the deal.

The new Lords amendment will go back to the Commons on Wednesday for another vote.

Britain is due to leave the EU on March 29, 2019, and the bloc is frustrated with what it sees as a lack of firm proposals from the UK about future relations.

A paper laying out the UK government position, due to be published this month, has been delayed because the Cabinet cannot agree on a united stance.

Ivan Rogers, Britain’s former ambassador to the EU, told a committee of lawmakers last week that achieving Brexit would “take years” and be “bloody difficult.”

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the forces are still pushing back on brexit..

“Parliament’s unelected upper chamber amended the government’s flagship Brexit bill on Monday so MPs’ approval is needed before the government agrees to a final divorce deal.”

the irony when unelected swill get to decide that elected results dont count..

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New U.S. “Space Force” would add to already stretched defense budget

•June 20, 2018 • Leave a Comment

https://www.bloomberg.com/news/articles/2018-06-18/new-space-force-would-add-to-already-stretched-defense-budget?cmpid=socialflow-twitter-business&utm_medium=social&utm_source=twitter&utm_content=business&utm_campaign=socialflow-organic

President Donald Trump’s push to establish a sixth military branchdedicated to space would probably be a lot more expensive than just extending the U.S. Air Force’s capabilities — and no doubt the nation’s largest defense contractors love that idea.

Boeing Co., Lockheed Martin Corp., Northrop Grumman Corp. and Raytheon Co. stand to gain more business from a new branch, said George Ferguson, a senior defense analyst with Bloomberg Intelligence. Spending would probably include “communication/GPS/surveillance satellites and the ability to protect ours, degrade others, launch and build satellites,” Ferguson wrote in an email.

But those companies shouldn’t get too excited yet. Any future “Space Force” spending would be modest given that it would need to compete with other big, politically protected Defense Department priorities Congress already funds. “We don’t have numbers behind how much value, but are sure it will still be less than the large programs,” such as the F-35 fighter jet, the Navy Virginia class submarines and Air Force B-21 Raider bomber, Ferguson said.

The Air Force has argued that space defense is well within its purview, and that a new branch not only isn’t necessary, but could dilute current efforts to extend American military might into space.

The idea for an independent effort dates to early 2017 when House members led by Representative Mike Rogers, an Alabama Republican, began a new round of advocacy for what they called a separate “space corps.” The commander-in-chief first broached the idea in March, calling it a “Space Force,” while addressing service members in California.

Investors weren’t much motivated by Trump’s comments: Raytheon and Northrop Grumman both rose less than 1 percent, while Lockheed and Boeing fell less than 1 percent in New York.

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just more money for the war machine companies of the west..

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Russia’s mega gas pipeline nears completion

•June 19, 2018 • Leave a Comment

https://www.rt.com/business/429491-power-siberia-completion-china/

One of the world’s longest gas pipelines, the Power of Siberia, which aims to deliver Russian natural gas to China, is nearly 85 percent complete.

According to the Russian energy giant Gazprom, the section from the Chayandinskoye field (Yakutia) to the border with China is already built. The second tunnel of the underwater crossing of the pipeline through the Amur River is also complete, it said.

The Power of Siberia pipeline which is also called the “Eastern Route” is one of the major projects between Russia and China. Analysts say it could help Russia become one of China’s main providers of natural gas as demand in the country increases.

The 3,000km pipeline will be longer than the distance between Moscow and London. Deliveries should begin in late 2019. The deal on the eastern route took more than a decade to negotiate. Last July, Gazprom and the China National Petroleum Corporation (CNPC) inked an agreement to start gas deliveries via the route.

In May 2014, the two companies signed a $400-billion 30-year framework to deliver 38 billion cubic meters of Russian gas to China annually. In 2017, Gazprom invested 158.8 billion rubles ($2.6 billion) in the project. This year it plans to invest another 218 billion rubles ($3.47 billion).

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big project..big completion date..

“The 3,000km pipeline will be longer than the distance between Moscow and London. Deliveries should begin in late 2019.”

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Images 17/6/18

•June 19, 2018 • 15 Comments

the bitter irony..

Kyary Pamyu Pamyu..japanese singer..

more..

and more..

the most famous pig in hong kong..

they actually believe their own bullshit..get in line millionaire..

hello indeed..musk becoming a target for hate now..

just some random kids playing with guns..nothing to see here..

i bet NOBODY saw photo B..this is how the media works..

robert and his friends..seems to be a pattern of some of rubbing shoulders with the same crowd..

and here is harvey..

famous last tweets..

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