China stock market hit by biggest one-day fall since 2007

•July 28, 2015 • 4 Comments

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http://www.theguardian.com/business/2015/jul/27/china-stock-market-biggest-fall-2007

Chinese shares has tumbled more than 8% after an unprecedented state rescue effort to prop up valuations abruptly stopped, raising doubts about the viability of Beijing’s plan to stave off a deeper crash.

Major indexes had their largest one-day drop since 2007, shattering three weeks of relative calm in China’s volatile stock markets since Beijing moved to arrest a slump that started in mid-June.

“The lesson from China’s last equity bubble is that, once sentiment has soured, policy interventions aimed at shoring up prices have only a short-lived effect,” said Capital Economics analysts.

The CSI300 index of the largest-listed companies in Shanghai and Shenzhen plunged 8.6%, to 3,818.73 points, while the Shanghai Composite Index lost 8.5%, to 3,725.56 points.

Stocks fell across the board on Monday, with 2,247 companies falling, leaving only 77 gainers.

More than 1,500 shares listed in Shanghai and Shenzhen dived by their 10 percentage point daily limit, led by index heavyweights such as China Unicom, Bank of Communications and PetroChina.

http://www.abc.net.au/news/2015-07-28/wall-st-falls-on-china-share-concerns/6652748

Wall Street has fallen for a fifth straight session, on renewed concerns about the stability of the Chinese share market.

China’s key Shanghai composite index dropped nearly 8.6 per cent yesterday, in its worst session since early 2007.

That resumed the slide that began in mid-June, but had been halted over the past three weeks by extensive measures by Chinese regulators.

Authorities insist they are still propping up the market, with the state-backed China Securities Finance Corp not withdrawing its support and the China Securities Regulatory Commission saying it will “continue efforts to stabilize market and investor sentiment, and prevent systemic risk”.

However, yesterday’s falls suggest that existing measures may no longer be enough.

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i cant be any more blunter..this is a crash..in slo mo..the government cant control it..this was shown yesterday..perhaps the chinese PPT decided to have the day off?

401

Turkey calls for NATO talks on IS and PKK

•July 28, 2015 • 1 Comment

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http://www.bbc.com/news/world-europe-33668230

Turkey has called a special meeting of Nato ambassadors to discuss military operations against the Islamic State (IS) group and PKK Kurdish separatists.

The session is to take place in Brussels on Tuesday.

Turkey launched air attacks against IS militants in Syria and resumed air raids against PKK camps in northern Iraq following recent attacks.

In one attack blamed on IS, 32 people were killed in a suicide bombing near the Syrian border on 20 July.

The PKK killed Turkish police in the wake of the bombing in retaliation for what they saw as Turkey’s collaboration with IS.

The raids against Kurdish separatist camps in northern Iraq in effect ended a two-year ceasefire. Turkish fighter jets launched a new wave on Sunday against PKK targets in northern Iraq, according to Turkish state media.

A PKK spokesman told the AFP news agency that Turkish jets had bombed two positions north of Dohuk and north of Irbil.

Late on Saturday a car bomb attack on a military convoy in south-eastern Turkey killed two soldiers and injured four others, Turkish officials said.

A policeman was killed on Sunday in Istanbul when protests erupted in response to the death of a female activist during raids by security forces on Friday.

Nato Secretary General Jens Stoltenberg told BBC World TV the Turkish request was based on Article 4 of the Nato Treaty which allows members to request such a meeting if their territorial integrity or security is threatened.

“When Turkey requests for such a meeting I think it’s very right and very timely to have a meeting where we address the turmoil and the instability we see in Syria, Iraq and surrounding and close to Nato borders of Turkey.”

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the turks have now been given the green light to attack kurds from any militia..not just the pkk..these are the people fighting isis and now turkey will attack them as well under the guise of helping in the fight with isis..yeah..

401

Lockheed to buy United Tech’s Sikorsky for over $8 billion

•July 28, 2015 • Leave a Comment
Mick Maurer, president of Sikorsky, gestures on stage as he remarks about the new Sikorsky Aircraft S-97 RAIDER helicopter during its unveiling ceremony at Sikorsky Aircraft in Jupiter, Florida October 2, 2014.   REUTERS/Andrew Innerarity

Mick Maurer, president of Sikorsky, gestures on stage as he remarks about the new Sikorsky Aircraft S-97 RAIDER helicopter during its unveiling ceremony at Sikorsky Aircraft in Jupiter, Florida October 2, 2014.

unitedtech_logo

http://www.reuters.com/article/2015/07/19/us-sikorsky-m-a-lockheed-idUSKCN0PT0MM20150719

Lockheed Martin Corp has agreed to buy United Technologies Corp’s Sikorsky Aircraft for over $8 billion, two sources said on Sunday, cementing a deal that would confirm Lockheed’s dominance in weapons making and giving the Black Hawk helicopter to the maker of the F-35 fighter jet.

The deal will add further heft to Lockheed, which already has annual revenues of around $45 billion and dwarves its nearest competitors, the defense business of Boeing Co and Northrop Grumman Corp.

It will make Lockheed less reliant on the $391 billion F-35 fighter jet business, while expanding its overseas sales by adding Sikorsky’s iconic Black Hawk helicopters to a product line that already spans everything from satellites to naval ships.

The two companies plan to announce the deal on Monday before both report second-quarter results on Tuesday, said the sources, who were not authorized to speak publicly.

It will be Lockheed’s largest acquisition since it bought Martin Marietta Corp for about $10 billion two decades ago. It is the first major strategic move for both United Tech Chief Executive Officer Greg Hayes, who was elevated to CEO from finance chief in November, and Lockheed CEO Marillyn Hewson, who took her job in January 2013.

United Technologies and Lockheed officials declined comment.

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more m&a..lockheed wants the choppers..strange catchphrase for a defence company..”you can see everything from here”..

401

Obama: Called on Kenyans to “break the cycle” of government corruption..hypocrite much?

•July 28, 2015 • 7 Comments

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welcome-to-kenya-birthplace-of-barack-obama-sad-hill-news

http://www.wsj.com/articles/obama-says-kenya-is-at-a-crossroads-1437913063

Introducing himself as the U.S.’s first Kenyan-American president, Barack Obama sought to use his unlikely success story and personal ties to his father’s homeland to inspire a country he described as “at a crossroads.”

Mr. Obama, in a speech on Sunday before several thousand Kenyans at an indoor sports arena, said Kenya is caught between intensifying security concerns over the spread of terrorism and the promise of a democracy with increasing economic opportunities.

“I’m here as a friend who wants Kenya to succeed,” Mr. Obama said.

Mr. Obama, who has largely left focusing on Africa policy to his second term, said the U.S. would increasingly partner with Kenya on economic and security issues. At the same time, he outlined a broader vision for how he hopes Kenya could progress, rooted in internal changes to the country’s political and economic culture.

In the signature speech of his long-awaited, two-day visit to the nation where his father was born, Mr. Obama cited rooting out government corruption, expanding human rights and creating a society more inclusive of women and girls as critical to the country’s future.

“Imagine you have a team, and you don’t let half the team play—that’s stupid,” he said, referring to the traditional treatment of women and girls in African cultures.

“Just because something is part of your past doesn’t make it right,” Mr. Obama said. “It doesn’t mean it defines your future.”

Mr. Obama was introduced by his Kenyan half sister, Auma Obama. As he has been introduced publicly throughout his time in Kenya, she called him by his full name: Barack Hussein Obama.

“He gets us,” she said. “He’s one of us.”

Much of the crowd were students invited to hear Mr. Obama’s message of youth empowerment.

Michael Amol, a 23-year-old university student, said Mr. Obama “talked about the real issues we are dealing with.” He said Kenyan leaders don’t usually talk so frankly about corruption or Kenya’s tribal divides.

“The youth have been used by the political elite for their gains but when it comes to solid advice, they have nothing.” Asked if Obama had any solid advice, he said, “Yes—I should not let my background dictate what my future will be.”

Mr. Obama is set to travel to Ethiopia later Sunday.

The crossroads Mr. Obama said Kenya is at was inherent in his choice of venue for his speech, which was the closest he had come during the trip to interacting with regular Kenyans.

The president spoke at an arena inside the sports complex where the Kenyan government held more than 1,000 ethnic Somalis in April 2014 during a weeklong security crackdown sparked by a grenade attack in the predominantly Somali neighborhood of Eastleigh.

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dont you love how we go to other countries and tell them how bad they are and what they have to do to be like us living without “sin”..look in your own backyard first..

401

Syngenta spars with suitor Monsanto over takeover

•July 28, 2015 • Leave a Comment
Swiss agrochemicals maker Syngenta's logo is seen in front of the headquarters in Basel  February 4, 2015. REUTERS/Arnd Wiegmann

Swiss agrochemicals maker Syngenta’s logo is seen in front of the headquarters in Basel.

http://www.reuters.com/article/2015/07/23/us-syngenta-ag-results-idUSKCN0PX0FC20150723

Syngenta (SYNN.VX) and unwanted U.S. suitor Monsanto (MON.N) squabbled over an earnings report from the Swiss pesticides maker on Thursday, with both sides claiming it strengthened their case in a $45 billion takeover battle.

Monsanto wants to combine its world-leading seeds business with Syngenta’s own seeds and pesticides. Syngenta has rejected the proposal and refused to open its books, despite the offer of a $2 billion cash payment should the transaction fail to win regulatory approval.

Adjusted earnings per share from Syngenta fell 6 percent and sales fell 10 percent in the first six months of the year but still exceeded average estimates in a Reuters poll. Adjusted for currency swings, sales rose 3 percent.

Syngenta also said it was sticking with profitability targets viewed as ambitious by some analysts, and highlighted the potential of new products in development, such as fungicides for vegetable and cereals farmers, which it believes give it a strong future alone, despite Monsanto’s repeated approaches.

“We said no in 2011, we said no in 2012, we said no in 2015. What part of no don’t they understand?” Chief Executive Michael Mack told a press conference at the group’s Basel headquarters.

Baader Bank analyst Markus Mayer said the first-half figures “might be the base for Monsanto to come up with a new offer which has at first only a higher cash proportion to raise pressure and to bring Syngenta management back into negotiations and then come up with a higher offer price”.

For now, though, Monsanto is standing firm.

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monsanto is hunting them like a lion picks off a wounded wildebeest..

“Monsanto wants to combine its world-leading seeds business with Syngenta’s own seeds and pesticides.”

its a gmo nightmare for slaves..

401

Cheney on 9/11..the images

•July 27, 2015 • 9 Comments

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https://www.flickr.com/photos/usnationalarchives/sets/72157656213196901/with/19295976273/

This album contains photos of Vice President Cheney on September 11, 2001 including meetings in the President’s Emergency Operations Center (PEOC).

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caption time people..

image 1 – “the lie will be this big”

image 2 – “my work here is done”

image 3 – “what?..they forget to hit wtc7?”

image 4 – “colin..just stfu..Shut. The. Fuck. Up.”

401

Former Obama aide: Bolster Israel with bunker busting B-52s

•July 27, 2015 • Leave a Comment

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http://www.defensenews.com/story/defense/policy-budget/policy/2015/07/16/former-obama-aide-bolster-israel-with-b52s/30252579/

A former top adviser to US President Barack Obama is calling on Washington to provide bunker-busting B-52 bombers to Israel as a means of bolstering Israeli deterrence and the credibility of its so-called military option should Iran opt out of commitments codified in Tuesday’s deal with world powers.

“To have a credible military option, it’s not enough to say all options are on the table. We have to be much more blunt,” said Ambassador Dennis Ross, a longtime diplomat and former special adviser to Obama on Iran.

In an interview Thursday, Ross said he favors the transfer of an unspecified quantity of B-52 Stratofortress bombers outfitted to deliver 30,000-pound GBU-57 Massive Ordnance Penetrators as one of the means of shoring up deterrence vis a vis Iran.

“Deterrence becomes a very important question as we move toward implementation,” Ross told Defense News of the Joint Comprehensive Plan of Action (JCPOA) signed July 14 in Vienna.

“The life of the deal in terms of threshold status is for 15 years, after which it legitimizes Iran as a nuclear threshold state … So sometime before year 15, the Israelis should have this capability,” he said.

He noted that in the nearer term, Israeli pilots could start training in the United States and working jointly toward receipt of the new capabilities.

Ross’ remarks were the first time he or any other member of Obama’s inner circle publicly endorsed an idea bandied about for years as a means of fortifying Israel’s legally mandated Qualitative Military Edge (QME).

Language proposing delivery of aerial refueling tankers and bunker-buster munitions to Israel was included in the US-Israel enhanced Security Cooperation Act of 2012.

In April 2014, Michael Makovsky, president of the Jewish Institute for National Security Affairs (JINSA), and David Deptula, a retired US Air Force three-star general, penned a piece for the Wall Street Journal titled “Sending a Bunker Buster Message to Iran.”

In it, they noted Obama had “already taken one potential source of leverage off the table by promising to veto legislation that threatens tighter economic sanctions on Iran.” They called for transfer of “several B-52 bombers” as delivery vehicles for MOP weaponry capable of striking hardened targets deeply buried in Iran.

But neither then, nor now, has Israel publicly proposed or promoted the notion of acquiring B-52s.

“Intuitively, I don’t believe this is the right answer or even relevant to the Israel Air Force. It’s like buying a pair of shoes many sizes too large,” said Giora Romm, a retired Israel Air Force (IAF) major general and former deputy commander.

https://en.wikipedia.org/wiki/Dennis_Ross

Ross was born in San Francisco and grew up in Marin County. His Jewish mother and Catholic stepfather raised him in a non-religious atmosphere. Ross graduated from University of California, Los Angeles, in 1970 and did graduate work there, writing a doctoral dissertation on Soviet decision-making. He later became religiously Jewish after the Six Day War. In 2002 he co-founded the Kol Shalom synagogue in Rockville, Maryland.

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ross is a warmonger..he is a firestarter working for the zionist bloc..

“Ross said he favors the transfer of an unspecified quantity of B-52 Stratofortress bombers outfitted to deliver 30,000-pound GBU-57 Massive Ordnance Penetrators”

he wants to give israel these weapons to attack iran..its that simple..

“So sometime before year 15, the Israelis should have this capability,” he said.”

401

 
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