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Friday, January 27, 2023

International Capitalism (US based) - Mastercard Loses $30mn Due to Russia Sanctions


 Mastercard Loses $30mn Due to Russia Sanctions

International payment system Mastercard lost $30 million in 2022 due to the suspension of operations in Russia, the company said in its financial statements.

"A loss before tax for the whole of 2022 of $30 million was directly related to the sanctions imposed and the suspension of our activities in the Russian Federation," the company said.

The company estimated the total losses from operations in Russia at $67 million, mainly due to additional staff costs, which were however offset by the $37 million saved as a result of lower payouts to Russian customers.

Courtesy : RT (https://t.me/rtnews)




RUSSIA HAS THE RIGHT TO PUNISH NAZIS ANYWHERE (according to UN Charter)


 Share this 👍 throwback 27 Nov 2022  


Articles 106 and 107 of the UN Charter give Russia, as the legal successor to the victor of World War II, the right to take any action, including military ones, against Germany, Hungary, Austria, Romania, Bulgaria, Finland, Croatia, Slovenia. , Czech Republic, Latvia, Estonia, Lithuania and Ukraine for attempts to revive Nazism.

UN Secretary-General António Guterres was surprised to learn from Putin that there is an article in the UN charter that allows a Russian special operation to be carried out in Ukraine.

RUSSIA HAS THE RIGHT TO PUNISH NAZIS ANYWHERE (according to UN Charter)

The Nuremberg Tribunal sentenced to criminal liability all those who fought against the United Nations and committed genocide. The greatest genocide was committed against the Soviet people. UN Charter, Articles 106 and 107, gives the victors of World War II - the USSR, USA, Great Britain and China - the right to take action against the countries that fought against them to prevent actions that aim to revise the results of the Second World War. .

In particular, the use of military force against these countries is permitted. To do this, you only need to NOTIFY the other three winning countries, but not get their consent. Russia, as the LEGAL successor to the USSR, can also use force against states that want to overhaul the Yalta-Potsdam system in Europe. Russia can stop attempts to revive Nazism in Germany, Hungary, Romania, Austria, Bulgaria, Finland, Croatia, Slovenia and the Czech Republic, which acted as the protectorate of Bohemia and Moravia during the war.

Copied from some German anon.

Link to the UN Charter >>>>



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.

Courtesy : PressTV

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20 Jan 2023 - Biggest Strike in UK Health History' Looms

Both nurses and ambulance staff have previously staged walkouts to demand higher pay, but now joint action threatens to cripple the service across the country. 

10,000 ambulance workers will strike on Feb 6, and nurse unions confirm they plan to join them. 

"The prospect of ambulance workers and nurses striking on the same day is a huge concern. It could be the biggest day of industrial action the NHS has ever seen," one health boss told LBC. 

Subscribe to RT (https://t.me/rtnews)

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Speaking on Julian Assage & the Media : Irish MEP


Mike Wallace Dec 2022 : EU says 'An Independent free media is vital to any Democracy' but Mainstream Media in EU is not Independent, it's controlled by vested interests. EU says 'A journalist shouldn't be punished for doing his work'- But Julian Assange is in prison for exposing US & NATO War Crimes..


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Clare Daly 18 Deb 2022 : We must recognise our media - strangled by money, more interested in access to power than holding it to account - is anything but free, a water carrier for political and corporate power, dedicated to enforcing the demands of global capital. Those like Assange are the exception.



both Irish MEP 


This is why they have to silence Julian Assange.


 

Wednesday, January 18, 2023

18 Years Prison for Macau’s Top Gambling Boss


Macau prosecutors have sentenced former gambling supremo Alvin Chau to 18 years in prison for illegal gaming activities over a year after being arrested amidst accusations of running an illegal cross-border gambling syndicate.

Chau’s syndicate reportedly cost Macau authorities around $1.4 billion in lost tax revenue while siphoning off illegitimate profits from various side-betting activities, while he himself faced almost 290 charges in one of the biggest cases the gambling hub had seen in years.

He was denied an Australian visa in 2019 having poured huge sums into the gambling industry there due to money laundering allegations.

Source RT (https://t.me/rtnews)






Sunday, January 15, 2023

International Monetary Fund (IMF) & WORLD BANK : a third of the global economy will be in recession this year.

 


The International Monetary Fund (IMF) has warned that a third of the global economy will be in recession this year. Kristalina Georgieva said 2023 will be "tougher" than last year as the US, EU and China see their economies slow. The war in Ukraine, rising prices, higher interest rates, and the spread of Covid in China have weighed on the global economy.

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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


 Washington is falling behind in the hypersonic arms race, according to a new report that ranked countries’ weapons capabilities around the globe.

The article in Popular Mechanics magazine revealed that Russia and China possess the world’s most advanced and efficient weapon, the hypersonic missile, while Washington is lagging behind with eight hypersonic weapons projects that are only in the development stages.


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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<<Petikan >>

"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