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UNITED NATIONS — Iran, North Korea and Syria blocked adoption Thursday of a U.N. treaty that would regulate the multibillion-dollar international arms trade which required agreement by all 193 U.N. member states. In an unexpected twist, Mexico proposed that the conference go ahead and adopt the treaty Thursday without the support of the three countries, saying there was no definition of “consensus.” Delegates then started debating whether this should be done [...] By Michael By recklessly printing, borrowing and spending money, our authorities are absolutely shredding confidence in the U.S. dollar. The rest of the world is watching this nonsense, and at some point they are going to give up on the U.S. dollar and throw their hands up in the air. When that happens, it is going to be absolutely catastrophic for the U.S. economy. Right now, we export a lot of [...] EPJ Yet another reason the US government hates gold, unlike dealing with paper money in bank accounts, there is no way they can stop international trade in gold and it is difficult to track gold movements. WSJ reports: Turkey on Friday acknowledged that a surge in its gold exports this year is related to payments for imports of Iranian natural gas, shedding light on Ankara’s role in breaching U.S.-led sanctions against Tehran. The continuing trade [...] Lindsey Williams on Radio Liberty 10-06-12 – Impending Financial Collapse here are some key point : the most significant day in the history of the American dollar since its inception was Thursday September the 6th during the democratic convention that was the day when China announced that any country in the world that wishes to can use the Chinese currency the Renminbi to trade crude oil , the next day September [...] By Michael Ready or not, QE3 is here, and the long-term effects of this reckless money printing by the Federal Reserve are going to be absolutely nightmarish. The Federal Reserve is hoping that buying $40 billion worth of mortgage-backed securities per month will spur more lending and more economic activity. But that didn’t happen with either QE1 or QE2. Both times the banks just sat on most of the extra money. [...] BANGKOK, Aug. 25 (Xinhua) – China’s currency could be eventually used as an alternative to the U.S. dollar and Euro by southeast Asian countries, experts said. Phathanaphong Phusuwan, a senior official of the Bank of Thailand, said in a seminar on Thai-Chinese trade, investment and finance relations on Saturday that the yuan would likely be used more between China and ASEAN member states in the long run. “In the long run from 2015 [...] BELLEVUE, WA – The Citizens Committee for the Right to Keep and Bear Arms today applauds the decision by the United States to not sign the proposed International Arms Trade Treaty, and CCRKBA credits grassroots action for the gun rights victory. CCRKBA Chairman Alan Gottlieb, who is at the United Nations in New York, said the announcement came Friday morning after a week of intense negotiations. “I think the grassroots surge by [...] The States Parties to this Treaty. Guided by the purposes and principles of the Charter of the United Nations. UK has exported more goods to non-EU countries over past three months than traditional Euro export market Britain is exporting more goods to countries outside the European Union than those inside it for the first time since we joined the Common Market in the 1970s. Firms are entering growing markets in Asia and Latin America in what economists are hailing as a ‘revolution [...] by Michael
Is the petrodollar dead? Well, not yet, but the nails are being hammered into the coffin even as you read this. For decades, most of the nations of the world have used the U.S. dollar to buy oil and to trade with each other. In essence, the U.S. dollar has been acting as a true global currency. Virtually every country on the face of the earth has needed big [...] Much like pinatas, there are a plethora of reasons to legalize marijuana. There’s the fact that it’s easier for American teens to buy than alcohol anyways, the fact that legalizing marijuana alone would raise nearly $20 billion in taxes and savings, the fact that its illegality helps directly fund the muderous multi-billion dollar international drug trade, the fact that scientifically it’s markedly less harmful than either alcohol or tobacco: http://tremblethedevil.com/?p=2777 RT The European Parliament has opposed the controversial ACTA treaty, after three of its influential committees said the trade agreement should be rejected. The Legal Affairs Committee (JURI), the Committee for Industry, Research and Energy (ITRE) and the Committee for Civil Liberties, Justice and Home Affairs (LIBE) all voted against implementing the agreement, which caused mass protests in several European countries this year. In ITRE, the votes were split 31 members for and [...] NEW YORK (Commodity Online): Iran is reportedly accepting Yuan as a settlement currency for its oil trade with China, posing a significant threat to the dominance of the US Dollar as the international trade currency, especially if other countries start to barter similar deal
As per the Financial Times, Iran uses the Yuan to purchase goods from China. Some of the trade is even in barter form. For eg; China’s Zhuhai Zhenrong [...] Daily Bell Tiger decline is ‘sign of world’s failure’ … Governments need to crack down on illegal tiger trading if the big cats are to be saved, the UN has warned. The Convention on International Trade in Endangered Species (CITES) meeting in Doha, Qatar heard that tiger numbers are continuing to fall. Organised crime rings are playing an increasing part in illegal trading of tiger parts, CITES says, as they are [...] Howard LaFranch Twenty-five cents a gallon — that’s about how much some international energy experts say the tough U.S. sanctions on Iran’s oil industry are costing Americans at the pump. As U.S. consumers cope with gas prices that are approaching an average of $4 a gallon, some international trade experts say the cost of the sanctions the U.S. imposes — as in the case of the Iran measures — [...] kingworldnews.com Today legendary trader and investor Jim Sinclair told King World News that gold has taken a major step towards becoming the currency of choice when it comes to international trade. Sinclair also said the US has launched an economic war against key Asian countries and it is having an immediate impact on the gold market. Here is what Sinclair had to say about the situation: “Wall Street goes to war and [...] by Michael Snyder
The U.S. dollar has probably been the closest thing to a true global currency that the world has ever seen. For decades, the use of the U.S. dollar has been absolutely dominant in international trade. This has had tremendous benefits for the U.S. financial system and for U.S. consumers, and it has given the U.S. government tremendous power and influence around the globe. Today, more than 60 percent of all foreign [...] by DavidPierre What do foreigners think?
Something changed this morning! Long time Gold watchers will recall that in the past, any time that the Federal Reserve chairman spoke, Gold would always be pushed down during the speech. That changed 2-3 years ago only to morph back into that pattern again since the Feb. 29th massacre. It has changed again. On CNBS this morning … Gold down $3 or $4 when Ben Bernanke began a [...] How an Economist Might Be Misled If an economist views the period between World War II and 1970 as “normal” in terms of what to expect in the future, he/she is likely to be misled. The period of rapid energy growth following World War II is not likely to be repeated. The rapid energy growth allowed much manual work to be performed by machine (for example, using a back hoe instead [...] It is absolutle crminal to stop people using the creators gifs. Do they really think that nature is going to let them do this? Share widely – urgent – make this go viral please Make an all-rights-reserved “Submission” on the Natural Health Products Bill, the Food Bill’s essential Codex Alimentarius counterpart, to attack the Food Bill and Codex Alimentarius by proxy and to oppose the NHP Bill itself (it sucks completely [...] Share widely – urgent – make this go viral please Make an all-rights-reserved “Submission” on the Natural Health Products Bill, the Food Bill’s essential Codex Alimentarius counterpart, to attack the Food Bill and Codex Alimentarius by proxy and to oppose the NHP Bill itself (it sucks completely anyway, as you will discover). The closing date for submissions is 24 February 2012. This page shows you how to do this, why, and provides a suggested template [...] The story I am about to relate to you was first told in a lecture hall at the School of Political Sciences in Paris (L’École des Sciences Politiques) on March 17, 1932, from the depths of the Great Depression. It is, perhaps, more relevant today than it was on the day Jacques Rueffdelivered it. Rueff began with this: “The story I am going to relate covers a long period. It is [...] by ZH Any time a major bank releases a report saying a given course of action is too costly, too prohibitive, too blonde, or simply too impossible, it is nearly guaranteed that that is precisely the course of action about to be undertaken. Which is why all non-euro skeptics are advised to shield their eyes and look away from the just released report by UBS (of [...] |
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