Tag: china

Key to Peace in Korea – Remove US Presence
April 13, 2013 0

Key to Peace in Korea – Remove US Presence

By News Desk

Links Key to Peace in Korea – Remove US Presence April 14, 2013 ( AltThaiNews-Tony Cartalucci ) – On March 26, 2010, the ROKS Cheonan is hit by what appears to be a German-made torpedo , sinks while claiming the lives of 46 South Korean sailors. The world, America at the lead, was quick to point its finger at North Korea before South Korea itself ruled them out as a suspect. North Korea adamantly insisted it was not behind the attack, and despite their paranoid and isolated posture, little beyond insanity could serve as a motive.Despite evidence adding up otherwise, to no one’s surprise a joint "international" investigation by the US, UK, South Korea, Australia, Canada, and Sweden would later conclude that a North Korean submarine was the culprit, leaving even most South Koreans skeptical.During this period of time, America’s position in Asia Pacific was already waning

Liar, Liar, Pants on Fire; Spoon-Fed Demands by the Number
April 12, 2013 0

Liar, Liar, Pants on Fire; Spoon-Fed Demands by the Number

By News Desk

ECB President Mario Draghi says Any Cyprus Gold Sale Must Cover Emergency-Loan Loss European Central Bank President Mario Draghi said the profits of any gold sales by the Cypriot central bank must be used to cover losses it may sustain from emergency loans to Cypriot commercial banks. European creditors today left a possible gold sale in the hands of the Cypriot central bank, which manages 13.9 metric tons of the metal, according to the World Gold Council.“The decision is going to be taken by the central bank,†Draghi said after a meeting of euro-area finance officials in Dublin. “What’s important, however, is that what is being transferred to the government budget out of the profits made out of the sales of gold should cover first and foremost any potential loss that the central bank might have from its ELA.†ELA stands for Emergency Liquidity Assistance, a lifeline that can be offered by national central banks in the euro region to commercial banks that can’t get funding.

Chicago Natural Resources Expo April 26
April 11, 2013 0

Chicago Natural Resources Expo April 26

By News Desk

Chicago Natural Resources Expo April 26 Those in the greater Chicago area should plan on attending the Chicago Natural Resources Expo on April 26 for a discussion about gold, silver, hard assets, inflation, currencies (or whatever else is on your mind). You also have the opportunity to meet with various natural resource company executives. Venue change: Previously this was a Friday evening-Saturday Afternoon event.

Fools in Cyprus to Sell Gold, Hike Corporate Taxes to Finance Small Part of Bailout
April 10, 2013 0

Fools in Cyprus to Sell Gold, Hike Corporate Taxes to Finance Small Part of Bailout

By News Desk

Whether out of complete stupidity or pressure from the IMF or Brussels (I suspect all three) Cyprus to sell around 400 mln euros worth of gold to partially fund its bailout. Cyprus has agreed to sell excess gold reserves to raise around 400 million euros and help finance its part of its bailout, an assessment of Cypriot financing needs prepared by the European Commission showed.