U.S. immigration officials are considering a proposal from Chinese investors to create a multibillion-dollar development in New York’s Catskills called “China City” — raising concerns among critics about the potential cost to U.S. taxpayers and, according to one analyst, the possibility it could be a “stalking horse” for the Beijing government.
A spokesman from the U.S. Citizenship and Immigration Services told FoxNews.com that the proposal for Thompson, N.Y., has not been approved but is under consideration. Continue reading
MOMBASA, Kenya, Dec. 4 (UPI) — The Chinese, investing heavily in Africa to secure its oil and other raw materials for their expanding economy, are spearheading a new era of railroad building to unlock the continent’s interior.This is an echo of the long-gone colonial empires when a century ago British and French engineers first opened up Africa to plunder its riches.
The railroad frenzy is being accompanied by a massive push to build several major ports along the coast of East Africa to accelerate exports across the Indian Ocean, mostly to China, India and Japan, as well as lay down a network of oil and gas pipelines to these ports. Continue reading
Whether it’s the renminbi/yuan or the Euro, for example, the world could indeed live on without the Dollar and has already created a way to circumvent it — just as the BRICS nations are attempting to launch their own internet system, separate from the currently U.S. dominated version. This article serves as a case-in-point.
An announcement Tuesday by the obscure-sounding Society for Worldwide Interbank Financial Telecommunication, better known as SWIFT, may not get much ink. China’s currency, it reported, was used in 8.66 percent of global trade finance transactions in October, the group said. It’s now the No. 2 most widely used currency for trade finance, supplanting the euro.
But that is a lot more important than it might sound. It gives an important window into how the global economy is changing–and why America’s long reign of economic dominance is at risk. Continue reading
Republican lawmakers are balking at President Obama’s choice of Federal Reserve chairman, Janet Yellen, worried she will favor enhanced government intervention in the economy, including flooding the market with more dollars.
A review of her previous work finds she divined a theory that was a precursor to the current progressive campaign for the government to ensure “fair” pay to employees. Continue reading
Essentially, what we have is an overvalued market where investors have seen a prolonged period of rises and have jumped to the conclusion that the markets are all good again. However, they’re missing the critical fact that it’s all built on hot air. The best examples, like the article pointed out are Facebook, Pintrest and Twitter… all of which have never seen a profit, yet are suppoed to be worth millions and billions (Facebook). It’s a fool’s rush to the top of the financial mountain to see who the biggest idiot is before it all implodes in a financial crash likely worse than 2008′s, or possibly the worst in U.S. history.
One of the men that won the Nobel Prize for economics this year says that “bubbles look like this” and that he is “most worried about the boom in the U.S. stock market.” But you don’t have to be a Nobel Prize winner to see what is happening. It should be glaringly apparent to anyone with half a brain. The financial markets have been soaring while the overall economy has been stagnating. Reckless injections of liquidity into the financial system by the Federal Reserve have pumped up stock prices to ridiculous extremes, and people are becoming concerned. In fact, Google searches for the term “stock bubble” are now at the highest level that we have seen since November 2007. Despite assurances from the mainstream media and the Federal Reserve that everything is just fine, many Americans are beginning to realize that we have seen this movie before. We saw it during the dotcom bubble, and we saw it during the lead up to the horrible financial crisis of 2008. So precisely when will the bubble burst this time? Nobody knows for sure, but without a doubt this irrational financial bubble will burst at some point. Remember, a bubble is always the biggest right before it bursts, and the following are 15 signs that we are near the peak of an absolutely massive stock market bubble… Continue reading
The former heads of two of the most powerful intelligence agencies in the world, speaking Sunday, Dec. 1, in different parts of the world, were of the same opinion: Iran has reached the point of a nuclear threshold state and can build several nuclear bombs in a matter of weeks. By this diagnosis, Gen. Michael Hayden, former director of the CIA and NSA, and ex-general Amos Yadlin, ex-chief of AMAN, Israeli military intelligence indicted their respective governments of the US and Israeli for their failure to stop this happening. Continue reading
The economic crisis worsens. The news presents us with markers, signs and symptoms. The situation spirals gradually, downward, toward a point of no return. China’s war against the U.S. dollar continues pushing one nation after another to bypass trading in dollars. We see, as well, that China Moves to Further Marginalize the Dollar just as China Leads a Campaign to Replace the Dollar as [the World’s] Reserve Currency. It is no accident that China pursues a national strategy hostile to American financial interests. To supplant a great financial power one must take certain actions and follow a definite path. So what is the American side doing to protect its position? America is doing very little. America is, in fact, lost in a wilderness of self-inspired trivialities and entertainments. We no longer appear to know which end is up. Continue reading
Iran and North Korea working on 80-ton rocket booster
Iranian collaboration with North Korea on a new rocket booster for long-range missiles undermines the deal with Tehran on its nuclear program, key Senate and House Republicans said on Tuesday.
“While the president was undertaking his secret negotiations—which Congress wasn’t informed of—he had to know Iran and North Korea were testing new engines for ballistic missiles to target the United States,” said Rep. Mike Rogers (R., Ala.) chairman of the House Armed Services subcommittee on strategic forces. Continue reading
For more background information on Valerie Jarrett, see either of the two sources from Discover the Networks and Key Wiki, both of which can be found on the Research section of Global Geopolitics.
Valerie Jarret via Discover the Networks
Valerie Jarret via Key Wiki
Last week, the Times of Israel reported that senior presidential adviser Valerie Jarrett had been leading talks with Iran in secretfor a year before the formal negotiations in Geneva this month. While the White House denied the report “100 percent,” the existence of back-channel talks has been confirmed by other reporting. The Wall Street Journal reported Sunday that President Barack Obama had “personally overseen” the talks.
Almost anything “personally overseen” by the President Obama is likely to bear the heavy stamp of Ms. Jarrett, who is the president’s closest adviser, despite a shocking track record of failure. In foreign policy, her most important mistake was her effort to dissuade the president from proceeding with the raid on Osama bin Laden. It was one of the few times that President Obama overruled her counsel–and one of his few successes. Continue reading
“Treaties are like pie crusts, they are made to be broken” – Vladimir Lenin.
The stakes are high America’s nuclear arsenal is facing suicidal reductions while what’s to remain is already decades old. Lets also not forget the personnel in charge of the nuclear deterrent are facing burnout and removal for petty scandals, let alone witnessing unprecedented incidents where, for example, 50 missile silos go offline unexpectedly. Meanwhile, China and Russia are both modernizing their nuclear forces and will eventually attain first-strike capability. Don’t expect anything meaningful in terms of results to come out of the political ‘outrage’ that the government expresses whenever a new security threat is revealed, as past actions have time and time again been almost nothing in response — all bark and no bite.
The consequences for turning a blind eye will be irreversible and deadly. In 2013, America is still buying New Lies for Old.
For just a few additional examples of many, click the following links:
- The Network for America’s Nuclear Arsenal Is Falling Apart And Making The Air Force Uncomfortable
- Inside the Ring: Russia builds up, U.S. down
- China Conducts Another Mobile ICBM Test
- Confidential report lists U.S. weapons system designs compromised by Chinese cyberspies
- Two-Faced — Russia building up missile defenses while seeking to limit U.S. defenses
- The Nation’s ICBM Force: Increasingly Creaky Broken Missiles
- Russia to Create “Son of Satan” Missile
- The Warhead Gap
- Medvedev Says Russian Rearmament On Level With WWII
- Pentagon: Growing Threat as China Expands Missile Arsenal Development
Senior Obama administration officials informed congressional lawmakers in a closed-door 2012 briefing that Russia was not abiding by a bilateral arms control accord that bans the fielding of intermediate-range missiles, the Daily Beast reported on Tuesday.
The 1987 Intermediate-Range Nuclear Forces Treaty required both Russia and the United States to eliminate all of their nuclear and non-nuclear ballistic and cruise missiles with maximum flight distances between roughly 300 miles and 3,400 miles. Russia’s testing of the SS-25 mobile intercontinental ballistic missile and of the new-model RS-26, optimized for penetrating missile defenses, may have raised the concerns about violating the accord’s range restrictions, according to the website. However, the alleged focus of the cheating remains secret. Continue reading
Collapse of talks a blow to European balance of power as Kremlin sanctions trump historic trade deal
Twenty years after the collapse of the Soviet Union, Ukraine is slipping back under Kremlin control. Ukraine’s shock decision to opt for Vladimir Putin’s Russia and pull out of EU talks on the eve of an historic deal is a dramatic upset to the European balance of power. It is the first major defeat for the EU in its eastward march since the fall of Communism. While the region’s geopolitics remain fluid, the upset may prove as fateful as the move by the Kossack chief Bohdan Khmelnytsky to turn his back on the West and accept Tsarist suzerainty in the 1640s.
“Ukraine’s government suddenly bowed deeply to the Kremlin. The politics of brutal pressure evidently work,” said Karl Bildt, Sweden’s Foreign Minister. Continue reading
Iranian Diplomacy’s exclusive interview with Fyodor Lukyanov, columnist for Al-Monitor and editor of the journal ‘Russia in Global Affairs’
- Many in Iran believe that Russia was the winner in Iran’s isolation and the sanctions against this country. Do you agree with such an assessment? With an improvement in relations with the West, do you predict that Tehran would distance itself from its look-to-the-East policy and prefer the European markets to Russia for its energy?
- Relationship based on inability of one of the partners to choose cannot be sustainable. Yes, Russia benefits from absence of Iranian oil and gas on certain markets, but it no strategy at all. Russia is facing huge challenges with the need to diversify its economy, to find new markets in the East, and there is not a right approach to rely on expectations that powerful competitors are removed from the market. Continue reading