China to invest $450 billion in agriculture over 4 years

•September 26, 2016 • 1 Comment

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https://www.rt.com/business/359841-china-invest-billions-agriculture/

Over the next four years the Chinese government will invest 3 trillion yuan ($450 billion) into developing the country’s agriculture, the official state news agency Xinhua reports.

The state-run Agricultural Development Bank of China and the Ministry of Agriculture have agreed to protect national food security, develop China’s seed industry and support the industry via overseas businesses, according to the agency.

The step also aims to raise the efficiency of Chinese agriculture and improve rural incomes.

The Agricultural Development Bank, one of China’s main policy lenders, will provide the finance including setting interest rates and offering financial products.

Earlier this year, the bank said it would lend 3 trillion yuan to agriculture as a way to reduce poverty. The agency didn’t say if the current commitment was separate from the plan.

This month, China’s state-owned ChemChina chemical corporation raised its bid to takeover Swiss agrochemicals and seed supplier Syngenta to $43 billion. The deal triggered food security concerns in the United States, but the US national security panel has approved the deal.

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need food for a massive population..and not just for this decade but for the many to come..

“The state-run Agricultural Development Bank of China and the Ministry of Agriculture have agreed to protect national food security, develop China’s seed industry and support the industry via overseas businesses, according to the agency.”

nice logo..

“This month, China’s state-owned ChemChina chemical corporation raised its bid to takeover Swiss agrochemicals and seed supplier Syngenta to $43 billion.”

watch that takeover..

401

US Senate greenlights $1.15 bn arms sale to Saudi Arabia

•September 26, 2016 • 1 Comment

https://www.rt.com/usa/360187-senate-saudi-arms-sales/

The US Senate gave the go-ahead for a $1.15 billion sale of tanks and other military equipment to Saudi Arabia by blocking the bill opposing the controversial transaction.

The Senate voted 71 to 27 against the resolution to block the billion-dollar sale of tanks, guns and other military equipment.

The resolution was put forward by Senators Rand Paul (R-Kentucky) and Chris Murphy (D-Connecticut), who argued that Saudi Arabia’s role in the conflict in Yemen and its human rights record make it a problematic recipient of American arms.

The Pentagon announced last month that the State Department had approved the potential sale of more than 130 Abrams battle tanks, 20 armored recovery vehicles and other equipment to Saudi Arabia.

In addition to human rights concerns, Paul and Murphy  argued the sale might fuel an ongoing regional arms race.

Murphy told Politico prior to the debate that his aim wasn’t necessarily to pass the resolution, but rather to press Saudi Arabia on its role in the civil war in Yemen.

During the debate, Paul said that US involvement in Iraq and Syria was illegal as there was no congressional authorization for it, and that this debate was an indirect vote on the war in Yemen.

“It’s an indirect vote because they won’t allow a direct vote”, he said, adding that Americans deserved to have a debate on “when and where we should be at war.”

The opposition went beyond just a weapons sale and into whether the US should be complicit in a Saudi-led war on Yemen.

“People say ‘no big deal we are not really at war in Yemen’ – well yes we are, we are refueling Saudi bombers that are dropping bombs in Yemen,” Paul said.

“We’ve given Saudi Arabia a hundred billion dollars worth of weapons… So we do need to ask, is Saudi Arabia a good ally?”

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remember yemen?..yeah..sauds bombing yemen indiscriminately..with weapons supplied by the good old us of a..

“The Pentagon announced last month that the State Department had approved the potential sale of more than 130 Abrams battle tanks, 20 armored recovery vehicles and other equipment to Saudi Arabia.”

machines of death..

People say ‘no big deal we are not really at war in Yemen’ – well yes we are, we are refueling Saudi bombers that are dropping bombs in Yemen,” Paul said.”

401

Ancient Hebrew scrolls reveal earliest copy of Old Testament

•September 26, 2016 • 1 Comment

http-prod-static9-net-au-_-media-2016-09-22-08-45

http://www.9news.com.au/world/2016/09/22/08/28/ancient-hebrew-scroll-unwrapped-for-first-time

An extremely fragile, ancient Hebrew scroll has been digitally unwrapped for the first time, revealing the earliest copy ever found of an Old Testament Bible scripture, researchers said Wednesday.

Known as the En-Gedi scroll, it contains text from the Book of Leviticus, and dates at least to the third or fourth century, possibly earlier, according to the report in the journal Science Advances.

The deciphering of its contents is described in the journal as a “significant discovery in biblical archeology.”

The scroll is not the oldest ever found — that honor belongs to the biblical Dead Sea Scrolls which range from the third century BC to the second century of the common era (AD).

Radiocarbon analysis has shown that the En-Gedi scroll dates to the third or fourth century AD.

Some experts think it is older than that. An analysis of the handwriting style and the way the letters are drawn suggests it could be even older, dating to the second half of the first century or the beginning of the second century AD.

Its contents were long thought to be lost forever, because it was burned in a fire in the 6th century and was impossible to touch without dissolving into chunks of ash.

The scroll was found by archeologists in 1970 at En-Gedi, the site of a large, ancient Jewish community dating from the late eighth century BC.

Its fragments were preserved by the Israel Antiquities Authority for decades.

“Each fragment’s main structure, completely burned and crushed, had turned into chunks of charcoal that continued to disintegrate every time they were touched,” said the study.

So researchers used advanced digital scanning tools to “virtually unwrap” the scroll and see its contents.

A micro-computed tomography (micro-CT) scan was able to pick up traces of metal in the ink.

Before the scroll was virtually unwrapped, experts believed the artifact may have been a Torah scroll.

But a look at the images showed it was the Book of Leviticus, from the third book of the Book of Moses.

This makes it the earliest Pentateuchal book — relating to the first five books of the Jewish or Christian scriptures — ever found.

“We were amazed at the quality of the images,” said Michael Segal, head of the School of Philosophy and Religions at Hebrew University of Jerusalem.

“Much of the text is as readable, or close to as readable as actual unharmed Dead Sea Scrolls or high resolution photographs of them.”

The scroll shows 18 lines of text in each column, which were originally 35 lines long.

Like other ancient Hebrew scrolls, it contains only consonants and no vowels.

Symbols for vowels were not introduced in Hebrew until the 9th century.

“We were immediately struck by the fact that in these passages, the En-Gedi Leviticus scroll is identical in all of its details both regarding its letter and section division to what we call the Masoretic text, the authoritative Jewish text until today,” said Segal.

The En-Gedi Leviticus scroll “is the most extensive and significant biblical text from antiquity that has come to light” since the discovery of the Dead Sea Scrolls, he added.

Researchers hope the techniques developed to read it will be used on other scrolls, including some from the Dead Sea Scroll collection, which have remained undecipherable until now.

“Damage and decay is the natural order of things, but you can see that sometimes you can absolutely pull a text back from the brink of loss,”said co-author Brent Seales, professor and chairman in the department of computer science at the University of Kentucky.

“The En-Gedi scroll is proof positive we can potentially recover whole texts from damaged material, not just a few letters or a speculative word,” said Seales.

———

interesting..not sure how they manage to read anything on it..

“The scroll shows 18 lines of text in each column, which were originally 35 lines long. Like other ancient Hebrew scrolls, it contains only consonants and no vowels.”

so exactly how old is it?

“The scroll was found by archeologists in 1970 at En-Gedi, the site of a large, ancient Jewish community dating from the late eighth century BC.”

401

Microsoft plans another $40 billion buyback

•September 26, 2016 • 1 Comment

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http://www.bloomberg.com/news/articles/2016-09-20/microsoft-plans-to-repurchase-up-to-another-40-billion-in-stock

Microsoft Corp.’s board authorized the buyback of an additional $40 billion of stock on top of an existing $40 billion repurchase program it will finish by year’s end, keeping up a strategy of returning money to shareholders as its cash pile grows.

The Redmond, Washington-based software maker also raised its quarterly dividend by 8.3 percent to 39 cents a share, according to a statement Tuesday. The company’s stock has jumped 31 percent in the past year, giving Microsoft a market capitalization of $442.7 billion — the third-largest in the Standard & Poor’s 500 Index.

Chief Executive Officer Satya Nadella has been working to jump-start revenue growth — which analysts project will be 2 percent this fiscal year after a decline of 2 percent the previous year — amid continued restructuring efforts related to the failed acquisition of Nokia Oyj’s phone business. Since Nadella took the helm in 2014, the company’s cloud and internet-based Office software businesses have fueled growth and boosted investor optimism. The stock this year has been hovering close to a 1999 record high.

“This reflects a continuation of the company’s pledge of returning value to shareholders via dividends and buybacks,” said Sid Parakh, a fund manager at Becker Capital Management, which owns Microsoft stock. “This implies continued confidence in current and future business trends.”

Given Microsoft’s “debatable history with acquisitions,” this kind of capital-return program signals to investors that the company is being disciplined in how it spends money, Parakh said.

Microsoft shares rose about 1 percent in extended trading after the announcement. They slipped less than 1 percent to $56.81 at the close in New York.

———

“Microsoft Corp.’s board authorized the buyback of an additional $40 billion of stock on top of an existing $40 billion repurchase program it will finish by year’s end, keeping up a strategy of returning money to shareholders as its cash pile grows.”

the “cash pile”..

how much are they holding these days?

“The company’s stock has jumped 31 percent in the past year, giving Microsoft a market capitalization of $442.7 billion — the third-largest in the Standard & Poor’s 500 Index.”

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November 2012: OLIGARCHY SENDS SIGNAL TO USHER IN THE ILLUSORY “GREEN ECONOMY”

•September 26, 2016 • 8 Comments

world-bank-report

http://www.wrongkindofgreen.org/2012/11/21/oligarchy-sends-signal-to-usher-in-the-illusory-green-economy/?utm_source=ReviveOldPost&utm_medium=social&utm_campaign=ReviveOldPost

WKOG

“… for the Annex 1 nations, the UK and for Manchester the choice is the same. To begin immediate and deep reductions in emissions at the same time as transitioning towards a steady-state economy … Alternatively, we could continue with the eloquent rhetoric of green growth and win-win opportunities; reject integrity, placate our paymasters and embrace cognitive dissonance — but ultimately renege on our responsibilities to both the current and future generations.” Professor Kevin Anderson, November, 2012

… it is difficult to envisage anything other than a planned economic recession being compatible with stabilisation at or below 650ppmv CO2e.” Anderson & Bows 2011

… the 2015-16 global peaking date (CCC, Stern & ADAM) implies … a period of prolonged austerity for Annex 1 nations and a rapid transition away from existing development patterns within non-Annex 1 nations.” Anderson & Bows 2011

“The World Bank Group will continue to be a strong advocate for international and regional agreements and increasing climate financing. We will redouble our efforts to support fast growing national initiatives to mitigate carbon emissions and build adaptive capacity as well as support inclusive green growth and climate smart development. Our work on inclusive green growth has shown that—through more efficiency and smarter use of energy and natural resources—many opportunities exist to drastically reduce the climate impact of development, without slowing down poverty alleviation and economic growth.”Turn Down the Heat, World Bank Report, November 18, 2012 | 

“without slowing down poverty alleviation and economic growth”

Delusion. Delusion. Delusion. Lies.

Growth: Capital has only one imperative, and that is to grow. Under the current economic system, the ultimate measure of success is profit. Corporations exist to maximize profits while externalizing costs. Waste, pollution, and ecological destruction are built into the system. A system that requires infinite growth cannot last forever on a finite planet defined by ecological and social limits. Market-driven growth is driving us, at unprecedented speed, toward collapse.

Poverty Alleviation: The very industrialized capitalist system which ensures global monetary wealth and power stay securely in the hands of the oligarchy is absolutely dependent upon, and cannot succeed without, continuous expanding raping, pillaging and degradation to our Earth and relentless exploitation of those most vulnerable.

The number of “urgent” reports/announcements to address the climate crisis in the month of November, 2012 by those who dominate (whereby we are assured, solving the crisis is compatible with continued growth) – appear to be a “signal” amongst the elites that the illusory “green” economy is hereby underway and officially launched.

Such reports (some well over 100 pages) with state-wide and global campaigns now unfolding (that have been strategically developed to further the ushering in of and global acceptance of “green capitalism”) do not happen overnight. Such documents, securing of funds, etc. take months to complete. One can safely assume that the ruling elite, in tandem with the non-profit industrial complex and the corporate-media complex having been working on rolling out the “green economy” onto the world stage since the Rio summit. What we witness now is the strategy being released, in waves in order to resonate.

What we are about to witness will be the greatest psyops of the 21st century.

Capitalism and humanity. Till death do we part.

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posted 4 years ago..was the author on the money?

“The number of “urgent” reports/announcements to address the climate crisis in the month of November, 2012 by those who dominate (whereby we are assured, solving the crisis is compatible with continued growth) – appear to be a “signal” amongst the elites that the illusory “green” economy is hereby underway and officially launched.”

i think he was..

“One can safely assume that the ruling elite, in tandem with the non-profit industrial complex and the corporate-media complex having been working on rolling out the “green economy” onto the world stage since the Rio summit. What we witness now is the strategy being released, in waves in order to resonate.”

401

Bayer may rebrand Monsanto to “get beyond the reputation thing”

•September 24, 2016 • 1 Comment

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(Original Caption) This advertisement from a 1900 magazine juxtaposes two pharmaceuticals which have since achieved distinct images in the public mind: Heroin and aspirin. Bayer introduced heroin in 1898 as a cough suppressant that did not have the harmful effects of other opiates. Heroin is an acetylated product of morphine, just as aspirin is an acetylated product of salicyclic acid. Aspirin was produced in the same Bayer laboratories and released to the public a year later.

This advertisement from a 1900 magazine juxtaposes two pharmaceuticals which have since achieved distinct images in the public mind: Heroin and aspirin. Bayer introduced heroin in 1898 as a cough suppressant that did not have the harmful effects of other opiates. Heroin is an acetylated product of morphine, just as aspirin is an acetylated product of salicyclic acid. Aspirin was produced in the same Bayer laboratories and released to the public a year later.

https://www.rt.com/business/360020-bayer-monsanto-brand-name/

German pharmaceuticals giant Bayer, which last week agreed to acquire GMO maker Monsanto, may get rid of the US company’s brand name to improve the firm’s reputation.

Bloomberg article titled, ‘Heroin, Nazis, and Agent Orange: Inside the $66 Billion Merger of the Year,’ didn’t help.

People familiar with internal discussions at Bayer said the aspirin inventor is considering the name change to avoid sullying its reputation. They also said no decision has been made yet, and Bayer’s managers could have some time to think it over.

Following the purchase agreement, Bayer CEO Werner Baumann said there’s an opportunity for the companies to jointly “get beyond this image and reputation thing” by building on the trust Bayer enjoys in Europe. In May the drug maker was named the world’s most reputable pharmaceutical brand by the Reputation Institute.

The $66 billion acquisition deal, which is now being closely scrutinized by antitrust regulators, is expected to be completed by the end of 2017. If the deal goes through it will make Bayer the world’s biggest seed and pesticide producer.

Bayer and Monsanto claim the combined companies will have better opportunities to research new products in order to help farmers produce more food. Opponents of the deal argue that will drive up prices for farmers and increase the spread of genetically modified seeds.

Monsanto which is one of the world’s leading manufacturers of genetically modified seeds has long been criticized in Europe, with many consumers skeptical of GMO-derived produce.

According to Marc Tuengler, chief of DSW, a German association that advises small investors on proxy votes, the Monsanto deal gives Bayer the opportunity to redeem a tarnished brand and highlight the benefits of the company’s products.

“With the right signals, the right decisions, Bayer can show what will be changed,” Tuengler said. “Monsanto has a better chance of improving its reputation under Bayer’s roof.”

http://www.bloomberg.com/news/articles/2016-09-14/the-heroin-laced-history-behind-the-year-s-biggest-deal

Two giants of the farming and chemical industries agreed to merge Wednesday in a $66 billion deal: the U.S.’s Monsanto and Germany’s Bayer, the original maker of aspirin. It’s the year’s biggest deal and will create the world’s largest supplier of seeds and farm chemicals, with $26 billion in combined annual revenue from agriculture. If the merger goes through, it will combine two companies with a long and storied history that shaped what we eat, the drugs we take and how we grow our food.

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“German pharmaceuticals giant Bayer, which last week agreed to acquire GMO maker Monsanto, may get rid of the US company’s brand name to improve the firm’s reputation.”

good luck with that..you can put lipstick on a pig..you know the rest..

“It’s the year’s biggest deal and will create the world’s largest supplier of seeds and farm chemicals, with $26 billion in combined annual revenue from agriculture.”

bayer is a global giant who grew massively before and during the nazi era..and they used to sell heroin!

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

In 1925, Bayer became part of IG Farben, the world’s largest chemical company. Following the Nazi takeover of Germany, IG Farben was embroiled in the Nazi regime’s policies as a large government contractor. After World War II, Bayer was reestablished as an independent company, and quickly regained its position as one of the world’s largest chemical and pharmaceutical corporations.

401

China merger to create world’s second largest steel firm

•September 24, 2016 • 1 Comment

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http://www.bbc.com/news/business-37415771

Two of China’s largest steel companies have announced plans for a merger, creating the world’s second largest steelmaker, as the industry struggles with global overproduction.

Under the deal, Baosteel is to take over its smaller competitor Wuhan Iron and Steel.

Both companies are majority-owned by the state.

The announcement comes as Beijing tries to overhaul the steel industry, one of the country’s bloated state sectors.

The merger will create a new company, China Baowu Iron and Steel Group. Based on data from 2015, the two firms together have an annual production of about 60 million tonnes a year, which would make it the country’s largest steelmaker.

Globally, it would be second only to Luxembourg-based ArcelorMittal.

Baosteel’s net profit tumbled 83% to 1bn yuan ($150m) last year, while Wuhan lost 7.5bn yuan, a sharp drop from its 1.3bn yuan net profit in 2014.

Steel demand in China, as well as worldwide, has slumped in the past year as the country’s economic growth has slowed.

The resulting overproduction has seen steelmakers around the world suffer huge losses. China has been accused of price dumping – selling its steel cheaply overseas in order to clear its stocks.

In April, China promised to reduce its steel output, following a crisis meeting attended by 30 nations.

Over the past 25 years, Chinese steel production has expanded hugely with output growing more than twelve-fold.

China produced more than 822 million tonnes of steel in 2014 and is expected to produce even more this year. However, projected demand for its steel in 2016 is only 672 million tonnes.

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“Both companies are majority-owned by the state.”

its like merging two government departments to save costs..

“In April, China promised to reduce its steel output, following a crisis meeting attended by 30 nations.”

stop flooding the world with cheap shit!

401

 
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