New World Order


The People Will Not Suffer From Brexit, Only the Global Banking Elite Will

ron paul

29th June 2016

Since 1958, the European Union has been absorbing independent states across the continent. Starting with the original inner 6 countries (Belgium, France, Italy, Luxemburg, Netherlands, and West Germany) and ending with Croatia in 2013, the forced centralization of Europe was a massive and ominous force with which to be reckoned. Until now.

On Friday, the people of Great Britain made their voice heard. They no longer want to be a part of the European Union and for good reason. For decades they have sat back and watched the global elite enrich themselves through special trade agreements ostensibly designed to bolster the economy, but in reality grant special treatment to those close to the top.

George Soros exposed the dependence of the elite on the EU when he took to fearmongering about rampant financial collapse upon Brexit.

“The Brexit crash will make all of you poorer — be warned,” Soros penned in an op-ed for the Guardian on June 20. “My 60 years of experience tells me the pound will plummet, along with your living standards. The only winners will be the speculators […]

“A vote to leave could see the week end with a Black Friday, and serious consequences for ordinary people.”

However, as Ron Paul so aptly pointed out on Friday, the people’s suffering will be minimal. It is the banking elite who are running scared.

“Other countries are watching….This is the beginning of the end of the European Union…and nobody is going to suffer from that. Only the wealthy, banking, special interests will suffer any from this,” said Paul.

And he is correct.

On Friday, Britain’s biggest banks faced double-digit losses on the stock markets, with shares plunging. Barclays dropped by 23.08% to $8.60, HSBC shares dropped 7.35% to $31.25, Royal Bank of Scotland sunk a whopping19.63% to $6.02.

In the US, JPMorgan Chase shares were down 6.26% to $60.04. Bank of America shares fell 6.34% to $13.15, Citigroup shares dropped 8.3% to $40.77, and Wells Fargo dived 4.7% at $45.66.

The big investment banks were also hit hard with Goldman Sachs shares down 5.26%, and Morgan Stanley shares dropping 8.57% to $24.94.

The global banking industry is entirely dependent on centralization of power to keep their balance sheets in order as their model requires a controlled economy. However, as Brexit has already shown, this model is not in the interests of the people. As nations continue to declare their independence, the cartel will crumble.

 

 

source:http://thefreethoughtproject.com/only-the-global-banking-elite-will-suffer-from-brexit/

15 Ways To Detect A False Flag Event

false flag operation

False flag events are becoming so commonplace in America that certain patterns and signs have emerged that enable you to identify whether what you are seeing is a false flag event, or real. 

With a staggering 353 mass shootings in 2015 alone, a high percentage of these have been proven to be false flag staged terror events.

Wakingtimes.com reports:

Some have real victims, some do not, but either way, the most criminal of all institutions – the Government – is the orchestrating force behind them. They are scripted, pre-planned operations which are definitely not the result of random gun violence. Just as Obama stated (by hiding the truth in plain sight), there is a pattern behind these mass shootings. The Controllers are following a definitefalse flag formula. Below is a list of the top 15 elements of this formula, which you can now use to detect a false flag operation as it occurs:

False Flag Formula #1: Drill at the Same or Nearby Time and Place

The exercise or drill – at the same time, at the same place – has became the sine non qua or indispensable element of the recent false flag operation. Sometimes there are slight variations on this when the Government plans a drill nearby (a few miles away) rather than at the exact place, or plans a drill earlier on in the day, so it can just coincidentally “go live”. There was a twist in the case of the recent San Bernardino shooting: the Government planned regular drills in the building where the shooting took place every month! (Think about it – what are the chances of a real mass shooting occurring in a building used for mass shooting drills?)

As Captain Eric H. May, a former US Army military intelligence officer, stated:

“The easiest way to carry out a false flag attack is by setting up a military exercise that simulates the very attack you want to carry out.”

In the case of 9/11, there were no less than 46 drills occurring simultaneously during the event, according to Webster Tarpley, author of Synthetic Terror: Made in USA. In the case of the London 7/7 bombings, Peter Power admitted on radio that he was leading a team who were training for that exact scenario when it unfolded! There were active shooter drills in all of the false flag attacks ofSandy Hook, Boston Marathon, Charleston, San Bernardino, the Norway attack, the 2nd Paris attack of 2015 and many many more.

What’s the point of having a drill at the same time and place? Here are a few of its purposes:

  1. Distract and remove key personnel who would otherwise be at the scene to contain and investigate it;
  2. Confuse other personnel who will treat the whole event in a different way if they think it is a drill rather than a real event;
  3. Slow down, reduce or eliminate an effective response, especially of police and other law enforcement, given the removal and confusion of personnel;
  4. Distract and confuse witnesses, the media and the public in general;
  5. Provide a great cover and period of lower defenses and security to carry out an attack, which would otherwise be difficult or impossible if defenses were at their usual or optimal operating level.

False Flag Formula #2: Foreknowledge

Another way you can tell that a mass shooting is a false flag op is if you find proof of foreknowledge of the event. As it so happens, all of the notorious and publicized mass attacks of late have had evidence of foreknowledge. Going way back in time, there was foreknowledge of the Pearl Harbor attack of 1941 that got the US into World War 2. There were many aspects of foreknowledge on 9/11, including the BBC reporting WTC7 falling before it actually did, and mysterious calls to people like author Salman Rushdie and San Francisco Mayor Willie Brown advising them not to fly to NYC on Sept. 11th. Sandy Hook had blatant foreknowledge (with various webpages put up days before the event), as did the Boston Marathon.

False Flag Formula #3: Eyewitnesses Have Conflicting Accounts

You can also spot a likely false flag operation when you see or hear of multiple conflicting witness accounts. In the case of the Aurora Colorado “Batman” mass shooting, eyewitnesses claimed they saw an entire team of shooters, rather than the single shooter James Holmes of the official narrative. With Sandy Hook, we saw multiple scenes of law enforcement chasing men into the surrounding forest, yet the official narrative declares the only shooter was Adam Lanza. In San Bernardino too, witnesses stated they saw 3 white athletic men, not the 2 brown husband-and-wife team we were told did the shooting.

Conflicting eyewitness accounts can destroy the official narrative no matter what the detail is. On 9/11, various fireman told us there were bombs in the building, contradicting the official story that planes alone took down the Twin Towers. With Sandy Hook, Gene Rosen’s testimony itself was full of holes and was contradicted by that of the school bus driver and the official report.

False Flag Formula #4: MSM Quickly Name and Demonize the Patsy

Have you ever wondered how quickly the MSM (Mainstream Media) discovers the name of the patsy? They had somehow deduced that Osama bin Laden was responsible for 9/11 just hours after the attacks. Have you ever wondered why the Government is so good at telling us who supposedly executed these attacks right after they happen, with almost no time to investigate, yet can’t seem to manage to actually stop these alleged terror attacks? Without any evidence, the MSM endlessly repeated “bin Laden” like a crazy mantra after 9/11, despite the fact bin Laden himself denied involvement in the attacks and that in the end he was never formally charged by the FBI. Have you ever wondered why many of the patsies, or sorry, deranged mass shooters, are Muslim? That wouldn’t have anything to do with the fact that the Zionist Government and MSM are trying to paint all Muslims as crazy and scary, would it? Nothing like a good dose ofIslamophobia to take your freedom away …

False Flag Formula #5: Patsy Has No Military Training, Yet Shoots Extremely Fast and Accurately

Another element of the false flag formula is theskilled and lethal patsy. According to the official narrative of false flag ops like Sandy Hook and Aurora, we are supposed to believe that skinny and non-muscular youths, without any discernible military training, were able to acquire expensive military gear (including armor, guns, ammunition and more), wear that gear without getting bogged down in speed, and shoot incredibly fast and accurately. In San Bernardino, we are supposed to believe that a young mother was strong and skilled enough to participate in killing 14 and injuring 17 people while she was strapped up with body armor and holding heavy weaponry! In these cases and more, the official story would have you believe that it’s no big deal or just a coincidence that the patsy can acquire all this high-end gear and use it so well.

False Flag Formula #6: Patsy Gets Killed, Drugged or “Suicided”

It is also part of the false flag formula to ensure that the patsy, who is earmarked before the event to take the fall, cannot speak out to rationally defend themselves. This is achieved in a number of ways. The simplest is to have the patsy kill himself or herself by committing “suicide”. Another favorite way is to take the patsy out in a thrilling high speed chase, which has the added benefit of drawing clueless people in through the MSM and gushingly promoting the police state. Sometimes a patsy is killed in plain sight, just because it’s so important to suppress his testimony (e.g. Lee Oswald in the JFK assassination). A third way is to mind control and drug the patsy to such an extent that they become a zombie vegetable unable to articulate anything, as was the case with James Holmes.

False Flag Formula #7: Shooter Leaves Manifesto

In this day and age, writing a manifesto is a strange and anachronistic thing to do. Yet, for some strange reason, shooter’s manifestos seem to crop up an awful lot after mass shootings. Conveniently for the Controllers, these manifestos provide a perfect explanation for the official narrative, and help fill in the missing (non-existent) motive for the attack – which probably pushes those on the fence over into believing the Government’s version of the event. While the manifesto is not an element in every false flag operation, it is present in enough of them to be regarded as part of the false flag formula.

False Flag Formula #8: Evidence Gets Conveniently Destroyed

Another element of the false flag formula is the deliberate destruction of evidence, so that the Controllers can cover their tracks. In 9/11, the scrap metal (in the smoldering ruins of the WTC towers) was immediately shipped off to China right from the start; with Sandy Hook, the entire school was demolished; in San Bernardino, the supposed landlord of the supposed shooters actually allowed MSM reporters into the suspects’ house to poke around and touch all their stuff, in complete disregard for what could be a possible crime scene! Could it get any more blatant?

False Flag Formula #9: No Obvious Motive for the Mass Attack

Have you ever wondered why there is no obvious motive in any of these mass shootings? Crimes are supposed to be solved on the merit of motive and opportunity, yet to hide the reality of a false flag op, the MSM just lies about the motive part, and chalks it up to a deranged shooter. Other times we are offered the flimsiest of motives, such as people going on an all-out rampage because they had a grievance with a co-worker. In San Bernardino, we were told the young mother, with a 1 year old child, was aggressive and psychotic enough to help kill 14 and injure 17 people – at the risk of never seeing her child again! Meanwhile, the real purveyors of these operations profit immensely from the ensuing fear, yet somehow the majority of people don’t seem to see that motive …

False Flag Formula #10: Immediate Calls for Gun Control

Gun control is obviously one of the key agendas behind all of these false flag mass shootings, since a disarmed population is far easier to exploit and manipulate than an armed one. It is an obvious aspect of the false flag formula. Sometimes gun control is even pushed in the immediate aftermath of the event when people are still in a highly emotional and suggestible state. Take a look at the behavior of Andy Parker, who we were told was the father of a victim killed in the Virginia mass shooting of 2015. Within hours of hearing the news of the death of his child, Parker had already contacted and talked with the Governor of Virginia, and then appeared on TV saying he would be devoting his entire life to gun control. In a similar fashion, Richard Martinez, the alleged father of a Santa Barbara mass hooting victim, appeared on TV right after the death angrily pleading for more gun control. In both cases, the political agenda of gun control angrily dominated their reactions, rather than grief or other emotions.

The last 5 elements of the false flag formula all revolve around the false flag hoax with fake victims and crisis actors. One of Dees’ best images! Credit: David Dees

False Flag Formula #11: Fake “Victims” = Crisis Actors

The above 10 points are a useful outline of the false flag formula as it pertains to mass shootings with real victims, i.e. where real people die. However, ever since the surreal Sandy Hook event, which still contains many unanswered questions, we have entered the twilight zone of the false flag hoax. This is a term used to describe the false flag mass attacks where no one dies – where fake bodies, fake blood and fake victims are used instead. In this way, the entire operation is more tightly controlled and less messy. A hallmark of the false flag hoax is that the authorities never produce a credible piece of evidence showing an actual dead body of a victim.

The following 5 points relate to false flag hoaxes, and specifically to the people employed to pull them off – crisis actors. It is truly a testament to just how utterly fake our normal world is (the Matrix) that false flag ops have now descended to the level where we have to question whether the event even happened at all. There are organizations of crisis actors in the US (such as the IIF), and there is clear evidence crisis actors were used at Sandy Hook, Boston Marathon and many others. Government officials have been caught using the word “actor” to describe various players in these dramas; the MSM has even resorted to calling them actors too (it was one of the buzzwords of the recentSan Bernardino mass shooting).

False Flag Formula #12: “Victims” Get Killed Twice

The surreal quality of the false flag hoax reached point of absurdity when it was discovered that one of the “victims” was reportedly killed twice! We were told that Noah Pozner was one of the victims of the Sandy Hook shooting, yet his picture was also among those killed in a Pakistan Taliban attack. Apparently the recycling of fake victims is another part of the false flag formula.

false flag actor

False flag formula: Noah Pozner was apparently killed twice.

False Flag Formula #13: Families of “Victims” Have Elite or Acting Backgrounds

Is it just a coincidence that the families of mass shooting “victims” have either elite or acting backgrounds? At the Sandy Hook event, local CEO of the Newtown bank John Trentacosta (whose house was next to the Lanzas and had a lot of unusual activity occurring there the day of Sandy Hook) was connected to the New York Federal Reserve (and thus the international banking elite). Francine Wheeler was formerly the personal assistant of former chief Democratic National Committee fundraiser Maureen White whose husband Steven Rattner is a Wall Street investment banker and member of the Rockefeller CFR (Council on Foreign Relations)!

It was also noteworthy at Sandy Hook how acting showed up in the resumes of so many of the key players there. Gene Rosen, David and Francine Wheeler (both professional actors) and others all had a background in acting. Father of Virginia mass shooting “victim” Andy Parker is an actor (and a politician too). This fact supports the idea that another element of the false flag formula is to watch for people with elite connections and acting backgrounds.

false flag laughs

False flag formula giggles: laughing crisis actor Richard Martinez apparently thinks it’s pretty funny how his son was murdered.

False Flag Formula #14: Families of “Victims” Show Little to No Emotion, and Even Snigger and Laugh

Luckily for truth seekers, the majority of crisis actors used in these false flag events are poor actors who are utterly unconvincing in the roles they play. The majority display little or no emotion after an alleged tragedy like losing a family member child to a random and violent mass shooting. It is true that humans do vary widely with emotional response and expression. However, with many of the crisis actors, judging by their reactions, it simply strains credibility too much to believe that they have just have been through a harrowing and traumatic ordeal. Given the range of possible reaction to a tragedy like losing a loved one in a mass shooting, what are the chances that many of the “victims’” family members are so non-emotional, or so understanding, or so quick to forgive?

It’s shameful enough that the crisis actors playing these roles are perpetrating a monumental deception on the public, tugging at the average person’s heartstrings solely to trick them. However, on top of that, these actors have the gall to actually laugh – to smile, snigger and giggle – while pulling off their atrocious stunts. The only conclusion to draw from this is that it must be pretty funny to get a paid gig like this fooling millions of people …

False Flag Formula #15: Families of “Victims” Receive Millions in Federal Payoffs

In the US, the land of the lawsuit, people are generally pretty fast to initiate a lawsuit if they feel they have been wronged. It is highly strange, therefore, that none of the alleged parents of the Sandy Hook event decided to sue the Government for negligence or to demand redress for any other grievance. Additionally, many of the alleged parents received a total of millionsin unsolicited federal payouts (check out the free houses they magically got on Christmas day 2009) – that’s right, unsolicited. The Federal Government just gave it over to them without asking! Ask yourself: is is more likely the Government would just do this out of the goodness of its heart, or that the money was more like a bribe/blackmail/payout all rolled into one, awarded to actors playing a part in a role and being sworn to silence?

Conclusion: Use the 15 Elements of the False Flag Formula to Be More Aware

These are 15 elements I noticed forming the false flag formula. There may well be more. Please let us know your thoughts in the comments below. Meanwhile, use the knowledge you have of the false flag formula to become more aware, wise and hip to the deception, so that the next time it unfolds (as it surely will), you will be among those that spot the fakery, rather than among those who are too scared, shell-shocked and gullible to do anything other than buy the official narrative.

 

source; http://yournewswire.com/15-ways-to-detect-a-false-flag-event/

Farewell to the man who invented ‘climate change’

unn

7th Dec 2015

A very odd thing happened last weekend. The death was announced of the man who, in the past 40 years, has arguably been more influential on global politics than any other single individual. Yet the world scarcely noticed.

Had it not been for this man, we would not last week have seen 150 heads of government joining 40,000 delegates in Paris for that mammoth climate conference: the 21st such get-together since, in 1992, he masterminded the Rio “Earth Summit”, the largest political gathering in history. Yet few people even know his name.

“During the Second World War, having emerged from humble origins in the Great Depression, Strong became convinced that the new United Nations should become a world government”
 

Some years back, when I was researching for a book called The Real Global Warming Disaster, charting how the late-20th-century panic over climate change came about, few things surprised me more than to discover the absolutely central role played in the whole story by a Canadian socialist multimillionaire, Maurice Strong.

During the Second World War, having emerged from humble origins in the Great Depression, Strong became convinced that the new United Nations should become a world government, dedicated to ensuring that the wealth enjoyed by the richer countries of the West should be spread out around the world’s underprivileged majority.

 

oil baron

Maurice Strong: he established the UN?s environmental agenda (Canadian Press/AP)

In the Sixties, having become very rich himself from Canada’s oil industry, Strong came to see that the key to his vision was “environmentalism”, the one cause the UN could harness to make itself a truly powerful world government.

A superb political operator, in 1972 he set up a UN “Environment Conference” in Stockholm, to declare that the Earth’s resources were the common inheritance of all mankind. They should no longer be exploited for the benefit of only a few countries, at the expense of poorer countries across the globe.

To pursue this, he became founding director of a new agency, the UN Environment Programme (UNEP), and in the Eighties he took up the cause of a tiny group of international meteorologists who had come to believe that the world faced catastrophic warming. In 1988, UNEP sponsored this little group into setting up the UN’s Intergovernmental Panel on Climate Change (IPCC).

In 1992, now allied with the IPCC, Strong pulled off his greatest coup when he set up another new body, the UN Framework Convention on Climate Change (UNFCCC), to stage that colossal “Earth Summit” over which he presided in Rio, arranging for it to be attended not only by 108 world leaders and 100,000 others but also by 20,000 UN-funded “green activists”.

It is the UNFCCC which in effect has dictated the global climate change agenda ever since. Almost yearly it has staged huge conferences, notably those at Kyoto (1997), Copenhagen (2009) and the present one in Paris. And all along it has been Strong’s ideology, enshrined at Rio in “Agenda 21”, which has continued to shape the entire process, centred on the principle that the richer developed countries must pay for a problem they created, to the financial benefit of all those “developing countries” that have been its main victims.

In 2005, Strong was caught having been illicitly paid $1 million from the UN’s Oil for Food programme, supposedly set up to allow Saddam Hussein to pay in oil to feed starving Iraqis. He retired to a flat in Beijing, where he had been close to China’s Communist leaders back to Mao. It was from there that he returned home to Canada to die,on November 27.

“Strong’s dream is more than ever falling apart”

To this day, global climate policy is still shaped by Strong’s Agenda 21, as was highlighted last February when Christiana Figueres, the Costa Rican Marxist now head of the UNFCCC and organiser of the Paris conference, urged that the West should give “$1 trillion a year” to the “developing” world.

But the wonderful irony is that the reason why Paris will fail, like Copenhagen before it, is that those “developing countries”, led by China and India – now the world’s first and third largest “CO2 emitters” – have not the slightest intention of curbing their emissions. It is for the West to do that, for creating “the problem”. Thus, just as he died, Strong’s dream is more than ever falling apart – thanks to those very countries his socialist vision was intended to help.

 

 

source: http://www.telegraph.co.uk/news/earth/paris-climate-change-conference/12035401/Farewell-to-the-man-who-invented-climate-change.html

New Leak of Final TPP Text Confirms Attack on Freedom of Expression, Public Health

NWO ill

13th Oct 2015

Offering a first glimpse of the secret 12-nation “trade” deal in its final form—and fodder for its growing ranks of opponents—WikiLeaks on Friday published the final negotiated text for the Trans-Pacific Partnership (TPP)’s Intellectual Property Rights chapter, confirming that the pro-corporate pact would harm freedom of expression by bolstering monopolies and injure public health by blocking patient access to lifesaving medicines.

The document is dated October 5, the same day it was announced in Atlanta, Georgia that the member states to the treaty had reached an accord after more than five years of negotiations.

Aside from the WikiLeaks publication, the vast majority of the mammoth deal’s contents are still being withheld from the public—which a WikiLeaks press statement suggests is a strategic move by world leaders to forestall public criticism until after the Canadian election on October 19.

Initial analyses suggest that many of the chapter’s more troubling provisions, such as broader patent and data protections that pharmaceutical companies use to delay generic competition, have stayed in place since draft versions were leaked in 2014 and 2015.

Moreover, it codifies a crackdown on freedom of speech with rules allowing widespread internet censorship.

“The text of the TPP’s intellectual property chapter confirms advocates’ warnings that this deal poses a grave threat to global freedom of expression and basic access to things like medicine and information,” said Evan Greer, campaign director for the digital rights group Fight for the Future. “The contents of the TPP’s IP chapter were bought and paid for by Hollywood and the pharmaceutical industry before the negotiations even began.”

Noting that the leak comes the morning after pharmaceutical executives walked out of a White House meeting because they were “dissatisfied” that the deal did not provide them even greater monopoly rights, Public Citizen’s Burcu Kilic scoffed: “The monopolist pharmaceutical industry has won a lot with the TPP, at the expense of people’s health. They should stop crying crocodile tears.”

In particular and with limited exceptions, as an analysis by Public Citizen notes (pdf), “all TPP countries—regardless of level of development, poverty or wealth—will be required to adopt the TPP’s pharmaceutical IP rules.”

So-called “transition periods,” the analysis continues, “are too short to expect that countries will be substantially more able to absorb the rules’ impact than they are today. There is little reason to believe that these rules would actually be good for the people residing in TPP countries, even after the transition periods allowed.”

And even in the U.S., where similar rules are already in place, “the high prices of medicines—bolstered by TPP-style monopolistic protections—have led to treatment rationing, prescriptions going unfilled and severe budgetary strains,” Public Citizen concludes.

“If the TPP is ratified, people in Pacific Rim countries would have to live by the rules in this leaked text,” said Peter Maybarduk, director of Public Citizen’s Global Access to Medicines program.

Put simply, he added: “The TPP would cost lives.”

 

source: http://www.commondreams.org/news/2015/10/09/new-leak-final-tpp-text-confirms-attack-freedom-expression-public-health

Wikileaks crowdfunding €100,000 reward for TTIP secrets

14th Aug 2015

Wikileaks is attempting to crowdfund a €100,000 reward for anyone that can secure information on the Transatlantic Trade and Investment Partnership (TTIP).

At least $44,871 had been raised by 1,067 people at the time of writing, with high profile politicians, philosophers, fashion designers and journalists contributing.

The US and European Union have been debating the treaty, which seeks to remove “non-tarriff barriers” from goods and investments trade, behind closed doors. The problem with those “non-tarriff barriers”? They have the potential, according to critics, to threaten European rights ranging from online piracy to health safety.

TTIP seeks to remove the hassle of passing the different regulations set by different nations, and instead implement more universal standards to ease trade. The issue is that no one really knows how this will be done, because the negotiations have remained secret.

A small insight into what the future of trade could look like under TTIP was secured when the Guardian revealed that the EU was shelving plans to regulate hormone-damaging chemicals — plans that would have led to the banning of 31 pesticides — after pressure from the US. According to minutes from a European Commission meeting, the decision coincided with EU-US TTIP negotiations. This was in spite of the Commission specifically promising that the TTIP “will not lower the food safety standards for pesticides”.

Green MEP Bas Eickhout told the Guardian: “These documents offer convincing evidence that TTIP not only presents a danger for the future lowering of European standards, but that this is happening as we speak.”

Managing to take time out of the continued furore surrounding his hideout in the Ecuadorian embassy to support the crowdfund campaign, Wikleaks founder Julian Assange said: “The secrecy of the TTIP casts a shadow on the future of European democracy. Under this cover, special interests are running wild, much as we saw with the recent financial siege against the people of Greece. The TTIP affects the life of every European and draws Europe into long term conflict with Asia. The time for its secrecy to end is now.”

 

source: http://www.wired.co.uk/news/archive/2015-08/12/wikileaks-ttip-reward-crowdfund-assange

Satellites: Earth Is Nearly In Its 21st Year Without Global Warming

algore duhh

18th July 2015

After September of this year, the Earth will be entering its 21st year without statistically significant warming trend, according to satellite-derived temperature data.

Since September 1994, University of Alabama in Huntsville’s satellite temperature data has shown no statistically significant global warming trend. For over 20 years there’s been no warming trend apparent in the satellite records and will soon be entering into year 21 with no warming trend apparent in satellite data — which examines the lowest few miles of the Earth’s atmosphere.

Satellite data from the Remote Sensing Systems (RSS) group also shows a prolonged “hiatus” in global warming. After November of this year, RSS data will be in its 21st year without warming. Ironically, the so-called “hiatus” in warming started when then vice President Al Gore and environmental groups touted RSS satellite data as evidence a slight warming trend since 1979.

algore1

For years, climate scientists have been debating the “hiatus” in global warming, pushing dozens of explanations for why global temperatures had not risen significantly in the last decade or so in the surface record and for the last two decades in the satellite record. but the debate was cut short in June when the National Oceanic and Atmospheric Administration published a study claiming the “hiatus” never existed.

 

 

Source: http://dailycaller.com/2015/07/17/satellites-earth-is-nearly-in-its-21st-year-without-global-warming/#ixzz3gEilv0tQ

Chinese billionaire Xingfa Ma buys $47m worth of Australian cattle stations

17th July 2015

A Chinese billionaire has bought two large Australian cattle stations for $47 million in at least the third deal this year involving a Chinese investor buying into the country’s farmlands.

Xingfa Ma, who owns the ballbearing factory Tianma Bearing Group Co, snapped up 40,000 head of cattle along with the 705,700 hectare Wollogorang and Wentworth stations, located on the Northern Territory and Queensland border, according to a person close to the deal.

Ma, one of the wealthiest 400 people in China according to Forbes, already has significant agricultural holdings in Australia, including other cattle stations and a wine group, through the Australian arm of Tianma Bearing.

Realtors Heinemann Rural and CBRE Australia declined to comment on the buyer or details of the deal, but said the property held a strategic position in the red meat supply chain.

“Wollogorang is located within one of the country’s most unique and diverse regions, with favourable land and soil types supporting what is already a successful cattle breeding operation,” CBRE’S Geoff Warriner said in a statement.

News of the purchase comes just days after Australia’s agriculture minister said that a new live cattle export deal will soon be signed with an unnamed country, stoking hopes of a long-awaited deal with China.

Australia and China have been in talks concerning a deal that is potentially worth billions of dollars as appetite for red meat soars in China.

A resolution continues to be delayed by concerns the live exports would introduce into China an insect responsible for Bluetongue disease in the Australian herd. Bluetongue isn’t harmful for human consumption but can be deadly for animals.

Several Chinese investors have been jostling for an advantage ahead of a likely deal.

Hailang Group earlier this year bought more than $40 million of cattle stations in southern Queensland. Yiang Xiang Assets purchased a smaller property for around $11.5 million.

Chongqing Agriculture Investment Group said earlier this year it was looking to buy up to $100 million worth of cattle stations within the next year.

There’s also interest more broadly across agriculture as China’s rising middle class spurs demand for quality Australian produce.

Warriner said the Wollogorang and Wentworth stations had development potential beyond cattle breeding.

“There is scope to expand the current operation, enabling increased pasture utilisation and therefore an increase in carrying capacity,” Warriner said.

 

 

 

Source:http://www.smh.com.au/business/chinese-billionaire-xingfa-ma-buys-47m-worth-of-australian-cattle-stations-20150716-gidp1u.html

Where are they now? Greece joins Zimbabwe, Somalia, Sudan in IMF default

2nd July 2015

GREECE yesterday became the first developed nation to default on a loan from the International Monetary Fund, missing a €1.6 billion ($A2.19 billion) repayment to the global crisis lender.

Greece joins the company of Zimbabwe, Somalia and Sudan in falling behind in its payments to the IMF. Zimbabwe was the last country to default in 2001, Somalia has been in arrears since 1987, and Sudan since 1984.

Greece currently owes its official lenders €242.8 billion ($A350.74 billion), Reuters calculates, which includes €220 billion ($A317.80 billion) from two bailout loans from the IMF and European governments made since 2010.

The missed payment marks the first time a eurozone country has defaulted on a loan from the IMF and sets a new record for the size of a missed payment, previously held by Sudan.

Greece is now almost certain to miss a much bigger, €3.5 billion ($A5.06 billion) repayment to the European Central Bank due on 20 July, and ratings agency Fitch says it views a default on government debt held by private creditors as “probable”.

Tim Harcourt, the J.W. Nevile Fellow in Economics at the UNSW Business School, said a Grexit was still not a certainty. “World trade is dependent on stable economies that can pay their way, and the euro has done a lot to facilitate that. The drachma may still not return to Greece,” he said.

Greece could still restart talks with creditors, and Mr Harcourt added that the consequences of missing an IMF payment were more reputational than practical. “Well they can’t invade, can they? They just get annoyed, say ‘naughty, naughty, naughty’, and that’s about it.

“But at the end of the day, a 67-year-old factory worker in Frankfurt doesn’t want to pay the pension of a 51-year-old Greek public servant in Athens, so the whole European model needs rethinking. And squeezing Greece until the pips squeak through more austerity measures is hardly going to boost growth in Greece and gain the confidence of creditors.”

Mr Harcourt said that the direct trade effects on Australia would be minimal. “We export more to Christmas Island than we export to Greece. Australia if anything will probably benefit in terms of human capital if we get an influx of skilled, educated Greeks moving here as we did in the 1950s,” he said.

Overnight, the 19 eurozone finance ministers announced they were putting any further talks on hold until the result of Sunday’s referendum. In a televised address yesterday, Greek prime minister Alexis urged citizens to vote ‘No’, saying it would not mean that Greece would have to leave the euro, as many European officials have argued.

Rather, Tsipras insisted, it would give the government a stronger negotiating position with creditors. “There are those who insist on linking the result of the referendum with the country’s future in the euro,” Tsipras said. “They even say I have a so-called secret plan to take the country out of the EU if the vote is ‘No.’ They are lying with the full knowledge of that fact.”

Meanwhile, Argentina, recalling its own financial crisis 14 years ago, has offered a word of advice to Greece: renegotiate your debt.

Former Argentine economy minister Roberto Lavagna, who is credited with playing a key role in his country’s recovery after its $US100 billion debt default in 2001, told The Associated Press that a “strong restructuring” of its debt is the way to help Greece come out of its crisis and avoid conflict within the European Union.

“It’s not the definitive condition … but it is necessary [to avoid a political conflict],” he said. “Democracy is worth more than markets.”

So as Greece heads towards a possible exit from the shared currency, with bills from the IMF piling up, how are those other countries doing?

 

ZIMBABWE

Period in arrears: 2001-present

Amount outstanding: $A145,493,206

Under president Robert Mugabe, Zimbabwe suffered nearly a decade of economic meltdown, marked by a period of hyperinflation which peaked at 500 billion per cent in 2008, forcing the country to abandon its worthless currency.

Earlier this month, Zimbabwe announced it would start exchanging quadrillions of local dollars for a handful of US dollars. Bank accounts with balances of up to 175 quadrillion Zimbabwean dollars would be paid $US5.

Last year, the IMF ruled out lending more money to the southern African nation as it was still in arrears on previous loans from the IMF, the World Bank and the African Development Bank.

IMF outlook: “Zimbabwe’s economic prospects remain difficult. Growth has slowed and is expected to weaken further in 2015. Despite the favourable impact of lower oil prices, the external position remains precarious and the country is in debt distress.”

SOMALIA

Period in arrears: 1987-present

Amount outstanding: $A430,127,345

Racked by more than two decades of conflict in which its economy and infrastructure were devastated, Somalia only resumed relations with the IMF in 2013 when the lender “officially recognised” the Somali government after a 22-year hiatus.

The nation still has among the poorest living standards in the world and remains reliant on international assistance, which accounts for more than 40 per cent of its budget. The US is working with the World Bank and IMF to help Somalia clear its debts and open up new lending.

Somali banknotes are not widely used and the economy is largely dollarised, but the IMF has warned against currency reform until the country has its act together.

IMF outlook: “Economic activity is estimated to have expanded by 3.7 per cent in 2014, driven by growth in agriculture, construction, and telecommunications. Nevertheless, growth will remain inadequate to redress poverty and gender disparities.”

SUDAN

Sudan was dealt a further economic blow when the southern oil-rich part of their country succeeded in 2011, making any outstanding payments to the IMF even more difficult. Still, Sudanese President Omar al-Bashir is surrounded by supporters on his return from South Africa in June. He returned to Khartoum after a court in South Africa had ordered his arrest based on an international warrant for war crimes charges. Source: AP

Period in arrears: 1984-present

Amount outstanding: $A1,778,590,203

Oil-rich Sudan has struggled with an enormous debt burden since the 1980s, and the secession of South Sudan in July 2011 took away three quarters of its critical oil revenue. The loss of oil revenues caused rapid inflation due to imported price rises.

With the urging of the IMF, Sudan has been scaling back government spending and raising taxes, sparking anti-government protests. The US still maintains its 1997 sanctions over the North African nation for its role in hosting Islamist militants.

This week, the IMF described Sudan’s progress as “remarkable”, with tight monetary policy and fiscal consolidation bringing inflation below 20 per cent in May and driving growth of 3.7 per cent in 2014.

IMF outlook: “The outlook remains challenging. Sudan’s large external debt and arrears hinder its access to external financing and weigh heavily on its development. This is compounded by the impact of economic and financial sanctions.”

 

 

Source:http://www.news.com.au/finance/economy/where-are-they-now-greece-joins-zimbabwe-somalia-sudan-in-imf-default/story-e6frflo9-1227424742554