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Sunday, January 29, 2023
Friday, January 27, 2023
International Capitalism (US based) - Mastercard Loses $30mn Due to Russia Sanctions
RUSSIA HAS THE RIGHT TO PUNISH NAZIS ANYWHERE (according to UN Charter)
Wednesday, January 25, 2023
Thursday, January 19, 2023
UK - Strikes & demonstrations
Dozens gather outside Downing Street to protest anti-strike bill.
UK: 'That means we are treated like slaves.
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Speaking on Julian Assage & the Media : Irish MEP
both Irish MEP
Wednesday, January 18, 2023
18 Years Prison for Macau’s Top Gambling Boss
Tuesday, January 17, 2023
Sunday, January 15, 2023
International Monetary Fund (IMF) & WORLD BANK : a third of the global economy will be in recession this year.
World Bank Warns Global Economy "Perilously Close To Falling Into Recession" by: BY TYLER DURDEN
TUESDAY, JAN 10, 2023 - 11:01 PM
Six months ago, The World Bank slashed its global growth outlook for 2022 and 2023 to +2.9% and +3.0% respectively blaming "the war in Ukraine, lockdowns in China, supply-chain disruptions, and the risk of stagflation" for hammering growth.
Today, in its latest report on global economic prospects, The World Bank has slashed its growth forecast for 2023 by almost a half to just +1.7%, led by weaker growth in all the world's top economies — the United States, Europe and China.
“Global growth has slowed to the extent that the global economy is perilously close to falling into recession,” the World Bank said.
That would mark the third-weakest pace of global growth in nearly three decades, overshadowed only by the 2009 and 2020 downturns.
The World Bank called on global central banks to remain alert to the risk that aggressively tightening monetary policy to fight inflation could spill across borders. The new report called for discussions between central bankers to “help mitigate risks associated with financial stability and avoid an excessive global economic slowdown in the pursuit of inflation objectives.”
“Weakness in growth and business investment will compound the already devastating reversals in education, health, poverty, and infrastructure and the increasing demands from climate change,” said David Malpass, president of the World Bank.
For now, those central bankers are facing their nemesis... Stagflation...
Though the United States might avoid a recession this year - the World Bank predicts the U.S. economy will eke out growth of 0.5% - global weakness will likely pose another headwind for America's businesses and consumers, on top of high prices and more expensive borrowing rates.
The United States also remains vulnerable to further supply chain disruptions if COVID keeps surging or the war in Ukraine worsens.
And Europe, long a major exporter to China, will likely suffer from a weaker Chinese economy, projecting that the EU's economy won't grow at all next year after having expanded 3.3% in 2022.
It foresees China growing 4.3%, nearly a percentage point lower than it had previously forecast, and about half the pace that Beijing posted in 2021.
“The risks that we warned of six months ago have materialised and our worst-case scenario is now our baseline scenario,” said Ayhan Kose, the World Bank economist responsible for the report.
“The world’s economy is on a razor’s edge and could easily fall into recession if financial conditions tighten.”
If the World Bank’s gloomy prognosis was realised, the current decade would become the first since the 1930s to experience two global recessions.
The report follows a similarly gloomy forecast a week earlier from Kristina Georgieva, the head of the IMF, the global lending agency. Georgieva estimated on CBS' “Face the Nation” that one-third of the world will fall into recession this year.
Source
Thursday, January 12, 2023
Russian Hypersonic Missiles Are At The Tip Of A Tech Revolution — Report
Source RT (http://t.me/rtnews)
Tuesday, January 10, 2023
LMBA - Our panel of experts discussed the state of the #silver market.
LMBA panel of experts Rhona O’Connell (Head of Market Analysis, EMEA and Asia Regions, StoneX Financial Ltd), Adrian Ash (Director of Research, BullionVault), Jonathan Butler (Head of Business Development, Mitsubishi Corporation), and Philip Newman (Managing Director, Metals Focus) discussed the state of the silver market.
Follow here : https://www.lbma.org.uk/videos/silver-ever-the-capricious-metal
Friday, January 6, 2023
Throwback: 1979 Iranians students occupation of US Embassy;
US Embassy in Tehran was the CIA's HQ for operations in Asia. USD 20 printing was done there! The students collated the shredded confidential documents and were sent to many countries!
Thursday, January 5, 2023
Pinjaman IMF WORLD BANK antara Che Det & Nuar Brahim! Sebarkan.
Tun M pinjam IMF WORLD BANK senyap2 tahun 1998 semasa DSAI dipenjara.
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"Pada masa saya jadi Perdana Menteri kali pertama, saya pergi cuti selama dua bulan. Semasa saya cuti, Anwar sebagai Timbalan Perdana Menteri (TPM), diberi tanggungjawab sebagai pemangku Perdana Menteri, tetapi nampak dia tak dapat menangani masalah.
"Selepas itu pula, berlaku krisis kewangan yang mana ringgit Malaysia turun nilainya. Pada masa itu, Anwar juga menjadi Menteri Kewangan.
"Cara dia menangani masalah kejatuhan nilai ringgit itu dengan mengikuti pendapat IMF dan Bank Dunia. Saya berpendapat, kalau kita ikut IMF dan Bank Dunia, kita akan jadi muflis dan kita tak dapat laksanakan dasar ekonomi negara kita.
"Tetapi Anwar tak ada cadangan yang lain selain daripada mengikuti IMF dan Bank Dunia, sebab itu saya terpaksa ambil alih tugas Kementerian Kewangan, saya cari jalan untuk selamatkan negara," katanya dalam temu bual eksklusif dengan BH di Yayasan Kepimpinan Perdana di sini, baru-baru ini.
Beliau berkata demikian ketika ditanya pandangannya sama ada Anwar memiliki keupayaan untuk menakhodai Malaysia berdepan cabaran kemelesetan ekonomi yang diramal melanda dunia tahun depan.
Dr Mahathir berkata, jika dibenarkan Anwar berkuasa dan melaksanakan dasarnya, beliau yakin negara tidak akan dapat mengatasi masalah krisis kewangan ketika krisis berkenaan.
<akhir petikan>>Berita sepenuhnya : Dari BH