May 13, 2013
The Fifth World Telecommunication/ICT Policy Forum (“WTPF-13?) will be held in Geneva, Switzerland, this week for three days, May 14-16.
As with the bellicose WCIT-12 (the U.N.’s 2012 World Conference on International Telecommunications) last December in Dubai and its accompanying protests and dramatic walkout by the U.S. delegation, this Forum will be run by the United Nations notoriously dubious telecommunications arm, the ITU.
WTPF-13 — with its Twitter hashtag #WTPF13 and counter-tag #OpWTF — is ITU’s final [...]
The world’s tallest tower should have been built by now. Officials said last year that the great edifice with 220 floors would be erected in three months flat in China’s inland city of Changsha by March, snatching the crown from Dubai’s Burj Khalifa.
The deadline has come and gone, yet the wasteland sits untouched. It now looks as if the fin d’époque project – using prefab blocs – may never be [...]
An off-duty U.S. navy sailor wrestled a Dubai bus driver to the ground and beat him into submission after he tried to rape her at knifepoint on Jan. 19, a courtroom heard Wednesday.
The woman, 28, was on 24-hour shore leave in Dubai when she was attacked by a bus driver after he picked her up from the Mall of the Emirates shopping center.
Read more: http://www.washingtontimes.com/news/2013/apr/25/us-female-sailor-beats-dubai-rapist-bus-driver-sub/#.UXmdK_QG6Nc.reddit#ixzz2RZSpe5lC
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Farage – People Are Lined Up Around The Block To Buy Gold
Farage: “No they are not. We are now incredibly cynical about our government, about our central banks, about all of the things that we are told. They are sure signs, if people are queued up around the block to buy physical gold, that people are scared….
“They don’t believe what they are told. Exactly when the moment is I don’t know, [...]
KOLKATA: World Gold Council, which has been tracking the global gold market pattern, has found that there is a shortage for bars and coins in Dubai which is creating a supply shortage.
Aram Shishmanian, CEO, World Gold Council: “It has become increasingly clear over the course of the past week that the fall in the gold price was triggered by speculative traders operating in the futures markets. Their short-term view of [...]
AFP - Horses from Britain, France, South Africa and the USA will oppose a five-strong domestic team of runners in the $10 million Dubai World Cup at Meydan racecourse on Saturday.
The world’s richest race, which is run over 2,000 metres, has proved a magnet for some of America’s finest thoroughbreds.
Dual Eclipse Award winner Royal Delta fronts a challenge that also embraces 2011 Kentucky Derby winner Animal Kingdom and multiple Grade 1 [...]
A report says large amounts of gold are being flown out of Afghanistan with “increasing regularity.”
According to a report published by the New York Times on Saturday, “roughly hewed bars of gold” that are mostly “carried by single couriers” are being flown out of the Afghan capital, Kabul, to Dubai in the United Arab Emirates.
The gold bars are “packed into hand luggage and tucked into jacket pockets,” the report said, [...]
In the middle of the night at a U.N. conference in Dubai, the presiding chairman of the International Telecommunication Union conference surveyed the assembled countries to see whether there was interest in having greater involvement in the U.N. governing the Internet. A majority of countries gave their approval.
With a sufficient majority supporting the U.N. becoming more active in controlling the Internet, the chairman put forth a resolution. The chairman, though, [...]
DUBAI, United Arab Emirates (AP) – The U.N.’s top telecommunications overseer sought Monday to quell worries about greater Internet controls emerging from global talks in Dubai, but any attempts for major Web regulations will likely face stiff opposition from groups led by a high-powered U.S. delegation.
The 11-day conference, seeking to update codes last reviewed when the Web was virtually unknown, highlights the fundamental shift from tightly managed telecommunications networks to [...]
by Phoenix Capital Research
Countless pages have been written about why Lehman caused the system to almost implode. However, the reality is that Lehman nearly took down the entire financial system for two reasons:
Lehman’s $155 billion worth of bonds were used as collateral in hundreds of billions of Dollars’ worth of trades.
Lehman’s 8,000 clients who were all using Lehman to make trades saw the collateral that they had placed with the firm [...]
November 2, 2012
Better enjoy Facebook while you can.
A U.N.-sponsored conference next month in Dubai will propose new regulations and restrictions for the Internet, which critics say will censor free speech, levy tariffs on e-commerce, and even force companies to clean up their “e-waste” and make gadgets that are better for the environment.
Concerns about the closed-door event have sparked a Wikileaks-style info-leaking site, and led the State Department on Wednesday [...]
DUBAI/ISTANBUL — To see one of Iran’s financial lifelines at work, pay a visit to Istanbul’s Ataturk International Airport and find a gate for a flight to Dubai.
Couriers carrying millions of dollars worth of gold bullion in their luggage have been flying from Istanbul to Dubai, where the gold is shipped on to Iran, according to industry sources with knowledge of the business.
The sums involved are enormous. Official Turkish trade [...]
The United Nations (UN) and its splinter groups such as the World Health Organization (WHO) have been encroaching upon our rights and freedoms and now they are trying to foist world taxes upon us and gain control the Internet.
US ambassador: Internet fee proposal gaining momentum
U.S. Ambassador Terry Kramer warned on Friday that a proposal to give a United Nations agency more control over the Internet is gaining momentum in other [...]
U.S. Ambassador Terry Kramer warned on Friday that a proposal to give a United Nations agency more control over the Internet is gaining momentum in other countries.
Proposals to expand the U.N.’s International Telecommunications Union’s (ITU) authority over the Internet could come up at a treaty conference in Dubai in December. European telecommunications companies are pushing a plan that would create new rules that would allow them to charge more to [...]
It’s now little more than a dusty patch of land in the modern suburb of Atasehir on the Asian side of Istanbul. Within three years, if all goes according to plan, high-rise office buildings will dominate the site, forming an upstart Wall Street on the Sea of Marmara: the Istanbul International Financial Center.
Like a lot of Prime Minister Recep Tayyip Erdogan’s ideas, such as his push for mostly Muslim Turkey to start formal [...]
DUBAI (Reuters) – The Yemen-based branch of al Qaeda urged Muslims to step up protests and kill more U.S. diplomats in Muslim countries after a U.S.-made film mocking the Prophet Mohammad which it said was another chapter in the “crusader wars” against Islam….
DUBAI, United Arab Emirates (AP) — The United Arab Emirates has awarded six fuel contracts valued at $3 billion for its first nuclear power plant, expected to start up by 2017.
I came from a country that is ruled by sunni muslims (UAE, DUBAI) and there are no such things practised as what you mentioned. however, i do agree that muslim women do have less rights in terms of well, custody, marriage, but thats about it.
If any thing , I’d wish i was a muslim women when i walk in the streets of Dubai for having so much respect. for example, [...]
DUBAI – Iran has threatened to destroy US military bases across the Middle East and target Israel within minutes of being attacked, Iranian media reported on Wednesday, as Revolutionary Guards extended test-firing of ballistic missiles into a third day.
Israel has hinted it may attack Iran if diplomacy fails to secure a halt to its disputed nuclear energy program. The United States also has mooted military action as a last-resort option [...]
From The Reformed Broker:
Did you read the massive bear case cover story on China this weekend in Barron’s? Oh my god, you have no idea.
I know the steel and coal stocks are all “setting up” technically, and I don’t doubt they’re in for a bounce – but my god, this is not going to end well. The Barron’s piece, called Falling Star, is by Jonathan Laing. And it looks at the fictitious finances, desperate demographics, [...]
As the economic crisis in Europe continues to flare up, investors holding sovereign debt have had to pay substantially higher rates to insure themselves from default via Credit Default Swaps.
Business Insider compiled data on some 59 countries where investors can buy protection.
The results: issuers of credit default swaps don’t see the U.S., Germany or Norway defaulting anytime soon.
What follows is a look at the cost to insure $10,000 of ten-year sovereign [...]
The U.S. is selling one of the most advanced missile systems on the planet to a country with an abysmal human rights records.
Lockheed Martin’s Terminal High Altitude Area Defense (THAAD) system is the most effective weapon when it comes to shooting incoming missiles right out of the sky.
As of yesterday, a total of 138 of these launchers are headed to the United Arab Emirates.
Lockheed Martin will be getting $2 Billion for the contract.
The UAE [...]
House lawmakers will consider an international proposal next week to give the United Nations more control over the Internet.
The proposal is backed by China, Russia, Brazil, India and other UN members, and would give the UN’s International Telecommunication Union (ITU) more control over the governance of the Internet.
It’s an unpopular idea with lawmakers on both sides of the aisle in Congress, and officials with the Obama administration have also criticized [...]
Iran discovered “one of the biggest natural gas fields in the Middle East,” with reserves comparable to those of the South Pars field, Mehr reported, citing an industry official.
The gas was found in southwestern Khuzestan province at a deposit already known to contain crude oil, said National Iranian Oil Co. Director for Exploration Mahmoud Mohaddes, according to the state-run news agency. A 5000-meter (16,400- foot) well will be drilled “soon” to collect further information, [...]
By Jeff Clark, Casey Research
We’ve read mixed reports about how lofty gold and silver prices are affecting demand in India. One month we’re told demand is up, and the next it’s supposedly down. I’m not suggesting that official reports are inaccurate, but it is admittedly confusing and doesn’t help us understand the real trend in the country.
Why should we care about the gold market in India? Well, let’s face it; the [...]