China and Russia: Full Steam Ahead Towards a Cashless Society – Rory Hall

China and Russia: Full Steam Ahead Towards a Cashless Society - Rory Hall

 

We reported back in November 2016 – Cashless World: 1 out of 3 People Never Use Cash – fewer and fewer people understand the importance of using cash to protect themselves from an overarching government warlord. At the time, China’s use of digitized currency was growing at about 40% per annum. This means millions of people each year freely hand over their cash and opt to use their cell phone, online currency transfers or a plastic debit/credit card to make 100% of their purchases. We see this as nothing short of happily going into the gulag of digital enslavement. Continue reading

China’s Xi Jingping becomes MORE POWERFUL than Donald Trump as balance of power shifts

The Congress is used to decide the party’s five-year plan for policy (Getty)

 

CHINESE President Xi Jinping could leave the Communist Party Congress this week with as much power as the People’s Republic’s founder Chairman Mao and even more than US President Donald Trump, analysts have claimed.

In a three and a half hour speech to the Congress, he said he would build the nation as a “modern socialist country” and refuse to use the political systems of other countries. Continue reading

Donald Trump’s message to Greece: USA will INVEST in debt-ridden nation to save it from EU

A few points:

  • Trump is potentially building a deterrent against Turkish aggression.
  • Trump is hedging against the EU superstate that’s increasingly becoming anti-American through the Berlin-Paris-Brussels axis that has subjugated and destroyed Greece.
  • Trump is possibly racing against China’s infrastructure investments and Port of Pirus takeover, keeping them from gaining a foothold in one of Europe’s most important strategic gateways.

 

Trump

Donald Trump and Alexis Tsipras shake hands outside the White House

 

DONALD Trump praised Greece’s economic recovery and vowed to invest in the debt-ridden nation as he met the country’s prime minister who once called the businessman “evil” before the US election.

The US President pledged to help the Mediterreanean nation back to prosperity after its struggles with EU austerity over the last 8 years.

The two leaders met at the White House for cordial talks and among the topics for discussion were investments in Greek oil resources and Greece-based military bases as the relationship between the USA and Turkey becomes tense. Continue reading

REVEALED: China’s ‘plot to deploy huge army against North Korea’ amid World War 3 fears

China workers at G1112 Ji'an–Shuangliao Expressway

A six-lane highway being built in a desolately populated north east on route to North Korea (NC)

 

PHOTOS have emerged of new construction in China, which experts believe could be part of a contingency plan to invade North Korea or amass their huge army on their shared border amid World War 3 fears.

Communist China has traditionally been North Korea’s closest ally, but Kim Jong-un’s continued nuclear and ballistic missile tests have tested Beijing’s patience.

It also comes as North Korea was spotted transporting 30 Scud missiles from Hwangju, south of the capital Pyongyang, to Nampo, on the Korea Bay coast opposite China.

Now photos reveal the Communist superpower is building a six-lane highway in its desolately populated north east on route to North Korea.

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China Takes Aim At The Petrodollar

 

China continues to pursue its ambitious plan to make its currency—the yuan—more international.

The world’s top crude oil importer and key oil demand growth driver is now determined to get as many oil exporters as possible on board with accepting yuan payments for their oil.

China is now trying to persuade OPEC’s kingpin and biggest exporter, Saudi Arabia, to start accepting yuan for its crude oil. If the Chinese succeed, other oil exporters could follow suit and abandon the U.S. dollar as the world’s reserve currency. Pulling oil trade out of U.S. dollars would lead to decreased demand for U.S. securities across the board, Carl Weinberg, chief economist and managing director at High Frequency Economics, tells CNBC. Weinberg believes that the Chinese will “compel” the Saudis to accept to trade oil in yuan.

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China targets American technology in drive to become innovation leader

Photo by: Mark Schiefelbein Robotic military technology was displayed at an exhibition highlighting China’s achievements under five years of leadership by President Xi Jinping. The exhibition at the Beijing Exhibition Hall opened in September ahead of a Communist Party congress this month. (Associated Press/File)

 

China has stepped up efforts to work with American businesses in a bid to acquire advanced technology, part of a drive to become a leading technology-innovation power.

“China is pushing to further deepen technology collaboration with U.S. business and academic institutions as part of a national effort to transform its economy, including by putting China at the leading edge of global technological innovation,” said a U.S. intelligence official who provided a recent assessment of China.

“At the same time, Beijing is trying to downplay concerns that this state-led technology acquisition drive creates an unlevel playing field, forces technology transfers to China, limits foreign companies’ access to the Chinese market and is a threat to U.S. and other companies economic strengths,” the official added. Continue reading

China is opening a new quantum research supercenter

Once again you can thank the Clintons, whom during their tenure in the 90’s through the U.S. Department of Commerce, gave China the technology it needed to not only gain parity with the United States, but surpass it — information techology-wise, as well as militarily.

Here are but a few examples:

CHINESE ARMY GETS U.S. SUPER-COMPUTERS FOR NUCLEAR WEAPONS

 Super Computers for Russian Nuclear weapons labs

GAO/T-NSIAD-97-128 Sales of super computers to Russia’s Nuclear Weapons Labs

U.S. Super computers for Chinese Nuclear Weapons Labs

 

MANY FIRSTS While QUESS is projected to have only a two-year lifespan transmitting quantum keys between China and Europe, it’ll be succeeded in 2030 by a constellation of quantum satellites. (CNTV)

 

The country wants to build a quantum computer with a million times the computing power of all others presently in the world.

On 37 hectares (nearly 4 million square feet) in Hefei, Anhui Province, China is building a $10 billion research center for quantum applications. This news comes on the heels of the world’s first video call made via quantum-encrypted communications and the completion of a quantum-encrypted fiber optic trunk cable. Continue reading

Fresh Wind Down the Silk Road (II)

BERLIN/DUSHANBE (Own report) – German government advisors are considering a strategically oriented cooperation with China in Central Asia. Rather than rely solely on its own independent operations to win influence, “dialogue” with Beijing should be “intensified,” to learn “to what extent goals could be pursued in cooperation,” according to a recent study by the German Institute for International and Security Affairs (SWP). The EU could thus “emphasize its foreign policy objectives in the region.” This must be seen in light of the fact that Germany and the EU have failed to significantly expand their influence in the five former Soviet Republics spanning from Turkmenistan to Tajikistan. This failure is particularly evident in Tajikistan. Whereas Russia and China are economically predominating over the country and – parallel to the United States – are currently intensifying their military activities, in spite of all its efforts, Berlin is only playing an independent role in the field of humanitarian and development aid.

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Europe, China, Japan and the New World Order

KENT NISHIMURA/GETTY IMAGES, SEAN GALLUP/GETTY IMAGES, MATT CARDY/GETTY IMAGES

 

A stunning fulfillment of a specific Bible prophecy

We are witnessing a shift in the world order that happens only once in a generation. The global system of alliances is being shaken. Such turmoil usually indicates a massive shift in global power. These shifts often trigger major wars.

For most of the 19th century, Britain’s top enemy was Russia. Britain’s whole system of alliances was built to isolate and oppose Russian power. But at the turn of the century, other powers were rising, most notably Germany. This development triggered a complete shake-up. Russia veered from enemy to ally in 1907. World War i followed on the heels of this upheaval.

That shift in alliances did not cause World War i. But it was a symptom of some of the other long-term causes. Continue reading

Dissident Reveals Secret Chinese Intelligence Plans Targeting U.S.

 

Guo Wengui calls China communist system a ‘kleptocracy,’ vows reform

China earlier this year ordered the dispatch of 27 intelligence officers to the United States as part of a larger campaign of subversion, according to a leading Chinese dissident.

Guo Wengui, a billionaire real estate mogul, disclosed what he said was an internal Communist Party document authorizing the Ministry of State Security to send the spies, described as “people’s police officers.” Continue reading

How Iran cheats on nuclear deal, with no flat accusation from Trump or IAEA

 

President Donald Trump has dropped teasing hints into the hubbub, high rhetoric and suspense of the run-up to the Oct. 15 deadline, when he must either certify that Iran is in compliance with the 2015 nuclear accord or withhold certification. The former would lend the accord another 90-day lease of life; the latter could entail the re-imposition of pre-nuclear deal sanctions against Iran, if approved by Congress.

Preyed by the same uncertainty as everyone else, Iran’s President Hassan Rouhani said on Saturday, Oct. 7: “Even 10 Trumps can’t roll back the benefits to this country of the nuclear deal. We have achieved benefits that are irreversible. If the United States violates (the nuclear deal), the entire world will condemn America, not Iran.Continue reading

Russia’s on the Way Back

Yellen and Nabiullina

 

Russia is poised to break out of its oil-related slump and become one of the best performing emerging markets economies in the years ahead. This sleeping giant is breaking its dependence on oil prices and embraces diversified growth.

When you hear the name “Russia” you probably run for cover. Russia has been the subject of nearly continuous media coverage bordering on frenzy since the election of Donald Trump last November. Continue reading

China on Pace to Dethrone the US

 

(ANTIMEDIA Op-ed) — “Not sure whether China will be nice to self-ruled Taiwan? Wait until after the 19th National Congress of the Communist Party. What’s in store for the hotly disputed, resource-rich South China Sea, where Beijing has taken a military and technological lead since 2010? Wait until after the Congress. Coffee maker wouldn’t start today? Wait until after the Congress. Wait. But you get the idea: This event, due to start Oct. 18, is monumental enough to put a lot of Asia on hold — and make it worry.”

That’s how Ralph Jennings opened his piece for Forbes on Wednesday. Humor aside, the point he’s making is the same one I made at the end of September — that China’s upcoming National Congress is a really big deal. China sets the regional tone on nearly all matters, as Jennings points out in his article:

“Chinese foreign and economic policies shape much of Asia. China’s ever-growing efforts to build and fund infrastructure around the subcontinent through initiatives such as One Belt, One Road have obvious impact on smaller countries that might otherwise struggle to finance their own projects. Neighbors from Japan to India are watching China for foreign policy cues that affect their iffy diplomatic relations with the region’s major power.”

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Russia Increases Economic Support For North Korea As China Backs Away

 

Over the past two months, China, North Korea’s economic benefactor and formally the source of 90% of its foreign trade, has been withdrawing financial support, ostensibly under the auspices of US sanctions, as Communist Party leaders try to rein in the North’s nuclear program to appease the US and prevent a potentially destabilizing conflict on its border – a development that would be particularly unwelcome during the Communist Party’s upcoming national congress.

As we reported earlier this week, North Korea’s thriving black-market economy (the county earns hundreds of millions of dollars a year from illegal weapons sales, along with other illicit activities rumored to include counterfeiting of US dollars and the manufacture of methamphetamine) has helped blunt the economic impact of UN sanctions meant to reduce the country’s legitimate exports by 90%. Continue reading

Asset prices are high across the board. Is it time to worry?

 

With ultra-loose monetary policy coming to an end, it is best to tread carefully

IN HIS classic, “The Intelligent Investor”, first published in 1949, Benjamin Graham, a Wall Street sage, distilled what he called his secret of sound investment into three words: “margin of safety”. The price paid for a stock or a bond should allow for human error, bad luck or, indeed, many things going wrong at once. In a troubled world of trade tiffs and nuclear braggadocio, such advice should be especially worth heeding. Yet rarely have so many asset classes—from stocks to bonds to property to bitcoins—exhibited such a sense of invulnerability. Continue reading