Hong Kong Overtakes New York as City With Most Super-Rich People

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More proof that the Hong Kong transfer was a colossal loss for Great Britain, and a massive gain for China

Hong Kong has overtaken New York City to become the city home to more super-rich people than any other metropolis on the planet, according to a study published on September 6 by the Wealth X research firm.

The study tallies the number of individuals worth $30 million or more, labeling them ultra-high net worth individuals. In recent years, the number of these individuals living in Hong Kong has risen to about 10,000. Continue reading

Futurist-Transhumanist: AI Will Destroy God

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(Photo Credit: Jon Callas via Creative Commons 2.0)

 

Since there’s no God, the author surmises, it should be relatively simple—especially with expanding technological capabilities.

Writing for Forbes magazine today, London-based technology blogger Kate Levchuk has made the startling claim that technology—specifically, artificial intelligence—will soon make religion in general, and God in particular, irrelevant. Continue reading

Crime Rate In The U.K. Soars While 90% Of Recorded Crime Goes Uncharged

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Homicide and crime rates – including sexual assaults, and knife and gun attacks – continue to rise in the United Kingdom, with 90% of recorded offenses not ending in charges.

report published last week lays bare the shocking numbers – crimes resulting in charges sat at 11%, with the percentage falling two points in just a year to 9%; down from 15% in 2015.

Since March of this year and the 12 months before, only 443,000 crimes out of 4.6 million recorded resulted in charges. Continue reading

North Korea asked Israel for $1 billion to stop giving missile technology to Iran

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North Korea offered to stop selling missile technology to Iran and other enemies of Israel in exchange for $1 billion in cash from the Jewish state, according to former senior North Korean diplomat who has now defected. The account of the offer can be read in Password from the Third Floor, a book published earlier this year by Thae Yong Ho. Thae, a member of a prominent North Korean family, defected with his wife and children in 2016, while he was serving as a senior member of the diplomatic staff of the North Korean embassy in London. News of Thae’s defection emerged on August 16, 2016, when a South Korean newspaper reported that he had disappeared from London after having escaped with his family “to a third country”. Thae later emerged in Seoul, from where he publicly denounced the North Korean regime. Continue reading

The World Transformed and No One in America Noticed

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The world transformed and nobody in the West noticed. India and Pakistan have joined the Shanghai Cooperation Organization. The 17 year-old body since its founding on June 15, 2001 has quietly established itself as the main alliance and grouping of nations across Eurasia. Now it has expanded from six nations to eight, and the two new members are the giant nuclear-armed regional powers of South Asia, India, with a population of 1.324 billion and Pakistan, with 193.2 million people (both in 2016).

In other words, the combined population of the SCO powers or already well over 1.5 billion has virtually doubled at a single stroke. Continue reading

As the G-7 Implodes, SCO Meeting Confirms the New Century of Multipolarity

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The historical changes we are witnessing have never been so evident as in the last few days. The G7 summit highlighted the limits of the Atlantic alliance, while the SCO meeting opens up unprecedented possibilities for Eurasian integration.

At the G7 meeting in Canada in recent days, we witnessed unprecedented clashes between Trump and G7 leaders over the imposition of tariffs on trade. We must now conclude that the event has been relegated to irrelevance, as the G7 has heretofore derived its clout from speaking as one voice. Trump even went further, refusing to sign the final draft of the organization’s joint statement after Canadian prime minister Justin Trudeau lashed out at Trump’s trade decisions. Trump showed how little he cares for his allies, leaving the summit a day early to arrive early for the meeting with Kim Jong-un in Singapore to make preparations for the long-awaited encounter between the two leaders. Continue reading

Turkey urges Islamic world to unite against Israel, calls summit

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A protester holds a placard reading “Al-Quds (Jerusalem) belongs to the Muslims” as he shouts slogans among people holding Palestinian flags while they all take part in a protest march at the Istikilal avenue in Istanbul on May 14, 2018 (Photo by AFP)

 

Turkey has urged Islamic countries to review their ties with Israel after dozens of Palestinians were killed by Israeli fire on the Gaza border.

Turkish Prime Minister Binali Yildirim told his ruling party in parliament that Ankara would call an extraordinary summit of the Organization of Islamic Cooperation (OIC).

“Islamic countries should without fail review their relations with Israel,” Premier Yildirim said, adding, “The Islamic world should move as one, with one voice, against this massacre.”

Yildirim said that Turkish President Recep Tayyip Erdogan, who currently holds the rotating chairmanship of the body, called the OIC summit on Friday. Continue reading

How to Become a World Power

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BERLIN/TEHRAN/WASHINGTON (Own report) – Berlin is seeking to use Washington’s withdrawal from the Iran nuclear deal to increase its pressure on Tehran. In their joint statement published Wednesday, the governments of Germany, France and the United Kingdom declared their continued commitment to the agreement, while demanding that the Iranian government limit its ballistic missile program and its efforts to obtain influence in the region. The reintroduction of US sanctions offers Berlin a chance to disguise its continued pressure on Tehran as a war preventive measure. At the same time, US sanctions against Iran continue to fuel the power struggle between the EU and the USA. The Airbus Company alone could lose €16 billion in commercial deals due to the sanctions imposed by the US government. Commentators recommend resistance: “You don’t become a world power in a conference room.” At the same time, Israel is exacerbating the escalating tensions with its aggressions against Syria.

Continue reading

Export World Champion under Pressure

BERLIN (Own report) – With intense shuttle diplomacy, members of the German government are seeking to avert the impending US punitive tariffs on European goods and the loss of access to the important US market. Following Germany’s Finance Minster Olaf Scholz’s visit to the US capital yesterday, Chancellor Angela Merkel is expected in Washington on Friday. Already in the run up to these visits, Berlin seems ready to envisage a revival of the Transatlantic Trade and Investment Partnership (TTIP). This strategic decision is accompanied by a clear frontline position against China, as was resolutely demanded by the Trump administration. In addition, German-Russian business relations are increasingly under attack in Washington. At the same time, EU criticism of Germany’s unilateral trade policies is growing. Germany’s export oriented economy is particularly vulnerable to the protectionism that is gaining strength on a global scale. Berlin’s Beggar-thy-Neighbor-Policy could prove a strategic disadvantage under these new global economic conditions. Continue reading

The US Fading into Irrelevance – A Good Thing for the World

 

Chaos reigns in the United States, spreading to its closest allies. The war amongst Western elites is in full swing, manifesting itself from commercial wars to failed diplomacy, empty threats of war, corruption, and announced military withdrawals and attacks.

To sum up the last few weeks of international events, it is worth comparing the direction taken by the multipolar troika of Russia, China and Iran, and the one taken by the fading unipolar order led by the United States, Israel and Saudi Arabia. Continue reading

On The Threshold of War

“The Russian view is simple: the West is ruled by a gang of thugs supported by an infinitely lying and hypocritical media while the general public in the West has been hopelessly zombified.” — The Saker

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“The US generals, unlike the US politicians and media and US administration, are risk-averse if the outcome may be catastrophic.” — Gilbert Doctorow

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Above are two of the three most intelligent and reliable Russian experts. The third is Professor Stephen Cohen, who worries, as I do, that an arrogant Washington drowning in hubris is provoking Russia to war.

The Saker has concluded that the Russians have concluded that it has been a mistake to put up with Washington’s lies, insults, and orchestrated events and have decided that if the dumbshit Americans attack Syria, Russia is going to take out the US forces involved.

Continue reading

‘Don’t threaten a NUCLEAR power’: Putin REJECTS British ultimatum on Russian spy attack

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Putin’s envoys in the UK have refused to respond to Britain’s ultimatum over the Russian spy attack (Getty-EPA)

 

VLADIMIR Putin’s envoys in the UK have refused to respond to Britain’s ultimatum over the chemical attack on former Russian spy Sergei Skripal and his daughter Yulia in Salisbury. In a statement on Twitter the Russian embassy threaten retaliation if Theresa May was to respond with “punitive measures”.

Theresa May earlier issued Russian President Vladimir Putin  24 hours to respond to claims that Russia was “highly likely” behind the attempted murder of Mr Skripal and his daughter Yulia.

The ultimatum has sparked World War 3 fears as Whitehall sources revealed the Prime Minister could launch a cyber attack on Russia in the wake of recent events. Continue reading

The EU’s Arrogance

 

BERLIN/LONDON(Own report) – With nearly double-digit billions in losses, the German business community would be the main loser of a “hard Brexit” among the remaining EU members, according to a recent analysis on the upcoming Brexit. The EU27 would thus face greater losses than the UK, should Brexit not be followed up with a comprehensive trade and tariff agreement. German companies must expect annual losses of around nine billion euros. The German automotive industry most likely will be the hardest hit. At the moment, a “hard Brexit” seems more likely, because Brussels refuses to include in a post-Brexit trade agreement not only the protection of EU interests but also access to UK financial services. Due to the EU’s obstructionist policy, public opinion is growing increasingly sour toward Brussels. Even British Brexit opponents are lamenting the “EU’s arrogance” and warning that “a Britain that feels humiliated by the EU could be an uncomfortable neighbor.”

Continue reading

Seeking to outsmart US, China races ahead on artificial intelligence

Chinese students work on the Ares, a humanoid bipedal robot designed by them with funding from a Shanghai investment company, displayed during the World Robot Conference in Beijing on Oct. 21, 2016. China’s goal is to transform the country into a global leader in artificial intelligence in just over a decade. (Ng Han Guan AP)

 

When a Google computer program beat the world’s best player of an ancient Chinese board game last May, it might have seemed like an incremental milestone.

But for some, the success of the program known as AlphaGo marked more than a man vs. machine clash. It set up a broader race between China and the United States over artificial intelligence, a competition that could mold the future of humankind just as the widespread arrival of electricity did in the last century.

The Go tournament took place in Wuzhen, a city of canals that is more than 1,300 years old, a fitting venue for a competition involving the strategy board game Go that has been played for several thousand years. Go is renowned for its complexity, and it is said that there are more variations to the game than there are atoms in the universe.

Perhaps it was a coincidence of timing, but the AlphaGo competition kicked off events that demonstrated China’s resolve to close the gap with — and quickly surpass — the United States in deploying artificial intelligence, or AI. Goals Chinese authorities announced last July are ambitious: Reach parity with the United States by 2020, achieve major breakthroughs by 2025, and “occupy the commanding heights of AI technology by 2030” as the world’s undisputed leader.

Continue reading

Russia, China, India Unveil New Gold Trading Network

Deputy Governors of the People’s Bank of China and Bank of Russia sign Memorandum on Gold Trading, Sochi, September 2017. Photo: Bank of Russia

 

One of the most notable events in Russia’s precious metals market calendar is the annual “Russian Bullion Market” conference. Formerly known as the Russian Bullion Awards, this conference, now in its 10th year, took place this year on Friday 24 November in Moscow. Among the speakers lined up, the most notable inclusion was probably Sergey Shvetsov, First Deputy Chairman of Russia’s central bank, the Bank of Russia.

In his speech, Shvetsov provided an update on an important development involving the Russian central bank in the worldwide gold market, and gave further insight into the continued importance of physical gold to the long term economic and strategic interests of the Russian Federation.

Firstly, in his speech Shvetsov confirmed that the BRICS group of countries are now in discussions to establish their own gold trading system. As a reminder, the 5 BRICS countries comprise the Russian Federation, China, India, South Africa and Brazil. Continue reading