Hard hitting global and local news
Hard hitting global and local news
Exxon must hate your children because their business model depends on drilling for more and more of the fuels that cause climate disruption, even though fossil fuel companies have already discovered significantly more oil, gas and coal than scientists say we can safely burn . They are creating climate chaos every day — and they’re getting rich doing it..
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
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.
NYT admits fraudulent Syrian human rights group is UK-based “one-man band” funded by EU and one other “European country.” April 12, 2013 (LD) – In reality, the Syrian Observatory for Human Rights has long ago been exposed as an absurd propaganda front operated by Rami Abdul Rahman out of his house in England’s countryside.
See the article here: Eurointelligence Founder Wolfgang Münchau, Once a Staunch Euro Supporter, Now Welcomes the Anti-Euro Party "Alternative for…
UPDATES GALORE BELOW 🙂 Eli has lost his jump, and pretty much ain’t got much these days (wait until tomorrow) but there are a couple of things the bunnies might be amused by First, a number of FAQ like objects about Marcott et al., nothing really new but short summaries to send to your uncle rabetts who always send you stuff from Chris Monckton or Rush Limbaugh (btw, Chris seems to be waking up to the fact that his grift is not paying well anymore ).
With a rare exception or two, I’ve been blissfully ignoring Roger Pielke Jr’s recent stuff for the last year or so as he slid into irrelevance. As long as I didn’t read his stuff, I could keep open the possibility that he was doing something useful.
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.
Slovenia Rules Out Bailout; Translation: "Slovenia Bailout Coming Right Up" An official denial is in: Slovenia Rules Out Bailout . Here is my interpretation: "A bailout is already in the works, only the date of the announcement is uncertain".