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Archive for February, 2012

The Coming World Government

February 27, 2012 Comments off

newdawnmagazine

By ADRIAN SALBUCHI—

Lucid and aware people observing world events unfold over the past decade or so – say, since September 11, 2001 – will have surely asked themselves what on Earth is going on here? We see ever-growing violence, war, outright lies, invasions, false flags, social upheavals, poverty, ruin and the death of millions… The world’s become a pretty dangerous and pitiful place to live in, and it only gets worse…

Which leads us to the obvious question: Why? Why is all this happening? Can we explain it away as Man’s wicked nature? Or his folly and ignorance? Perhaps just a series of bad mistakes and wrong turns on key issues?

Most everybody will have a ready reply, no doubt coloured by his or her own philosophical outlook. The more rational will say it’s just wrong decisions taken by normal people in an environment of growing complexity. Optimists will shrug their shoulders playing things down with the quaint statement that there’s always been war, persecution, poverty and Read more…

N. Korea says it is ready for both dialogue and war

February 27, 2012 Comments off

yonhapnews

North Korean leader Kim Jong-Un (C) visits a unit under the Command of the Korean People's Army 4th Corps stationed in the southwestern sector of North Korea, in this undated picture released by the North's KCNA in Pyongyang February 26. KCNA/REUTERS

SEOUL, Feb. 27 (Yonhap) — North Korea said Monday it is fully ready for both dialogue and war as South Korea and the United States kicked off joint military drills that Pyongyang claims are rehearsals for a northward invasion.

The Key Resolve, which will last through March 9, involves about 200,000 South Korean troops and 2,900 U.S. troops, according to the South Korea-U.S. Combined Forces Command.

Separately, the two allies plan to hold the Foal Eagle joint military exercise from March 1 to April 30.

South Korea and the U.S. regularly hold military exercises to bolster their readiness against a possible North Korean invasion. Seoul and Washington say the exercises are defensive in nature.

However, the North, which has a track record of military provocations against South Korea, routinely condemns the military drills in the South as precursors for an invasion.

“The big exercises for Read more…

Climate change will shake the Earth

February 27, 2012 Comments off

guardian

As the Earth's crust buckles, volcanic activity will increase.

As the Earth’s crust buckles, volcanic activity will increase. Photograph: Corbis

The idea that a changing climate can persuade the ground to shake, volcanoes to rumble and tsunamis to crash on to unsuspecting coastlines seems, at first, to be bordering on the insane. How can what happens in the thin envelope of gas that shrouds and protects our world possibly influence the potentially Earth-shattering processes that operate deep beneath the surface? The fact that it does reflects a failure of our imagination and a limited understanding of the manner in which the different physical components of our planet – the atmosphere, the oceans, and the solid Earth, or geosphere – intertwine and interact.

If we think about climate change at all, most of us do so in a very simplistic way: so, the weather might get a bit warmer; floods and droughts may become more of a problem and sea levels will slowly creep upwards. Evidence reveals, however, that our planet is an almost unimaginably complicated beast, which reacts to a dramatically changing climate in all manner of different ways; a few – like the aforementioned – straightforward and predictable; some Read more…

Strong 6.8 quake shakes Siberia, no casualties

February 27, 2012 Comments off

hindustantimes.com

A strong earthquake measuring 6.8 shook several republics in Russia’s southwestern Siberia on Sunday but caused no casualties or serious damage, the emergencies ministry said.

The tremor, which occurred at 1:20pm local time (0620 GMT) in the republic of Tyva, had its epicentre

about 107 kilometres (66 miles) from the town of Kyzyl, which saw tremors of a similar magnitude on December 27.

The remote and scarcely populated republic on the Mongolian border is one of Russia’s most seismically active regions along with its Pacific Ocean coast.

The regional emergencies ministry said the quake was felt throughout Tyva and neighbouring regions but caused no casualties or any serious structural damage, the RIA Novosti news agency reported.

But several locals reported their apartment windows breaking and books and other items falling off shelves, with a series of tremors lasting four or five minutes.

“My photographs and pictures started falling Read more…

BRIC countries consider their own multilateral development bank

February 24, 2012 Comments off

globalpost.com

India is proposing the creation of a multilateral bank to exclusively finance projects in BRIC countries, Bloomberg reported.

Bloomberg cited an Indian official who told the news service the plan is likely to be discussed at this weekend’s Group of 20 finance ministers meeting in Mexico City. The official said the plan was in an early, exploratory phase but had been circulated among the BRICs and shared with South African officials, Bloomberg noted.

The BRIC countries are Brazil, Russia, India and China. As it’s described now, the proposed bank would be funded exclusively by developing nations and finance projects in only those nations.

Reuters reported that Brazilian finance minister Guido Mantega is sympathetic to the idea.

Emerging market economies have in recent years become a larger driver of global growth than more established markets. They have been pushing for greater representation at the World Bank and IMF as their clout in the global economy has grown.

Categories: Banks, BRIC Tags: , , , , , ,

Higher Gold Prices Seen For Next Week As Iran Tensions Lend Support

February 24, 2012 Comments off

kitco.com

(Kitco News) – Higher gold prices are possible next week as tensions with Iran continue to escalate, market watchers said.
Prices were lower on Friday, but up on the week. The most-active April gold contract on the Comex division of the New York Mercantile Exchange settled at $1,776.40 an ounce, up 2.9% on the week. March silver settled at $35.338 an ounce, up 6.4% on the week.
In the Kitco News Gold Survey, out of 32 participants, 24 responded this week. Of those 24 participants, 19 see prices up, while three see prices down, and two are neutral on prices. Market participants include bullion dealers, investment banks, futures traders, money managers and technical chart analysts.
Gold and crude oil prices rose this week, supported by concerns that Read more…

Categories: GOLD, Iran Tags: , ,

Anonymous ‘may soon be able to hack into power grid’, warns US national security chief

February 24, 2012 Comments off

telegraph

The Anonymous hacking group may soon have the ability to launch an attack on global power networks, a US official has warned.

Anonymous has no official spokesman but the claims were immediately rejected via the YourAnonNews Twitter account, which is often used by the group to announce events and news Photo: EPA/PANTELIS SAITAS

The claim was immediately rejected by the loosely-linked group of hackers, who accused the National Security Agency of “fear-mongering” after its director, General Keith Alexander, made the claims in the Wall Street Journal.

Hackers also launched a “comments flash mob” attack on the newspaper’s website, and warned “We do not forgive. We do not forget. Expect us!”

Gen Alexander is said to have warned that the hackers could develop the ability to bring about a limited power outage across the United States and beyond within a “year or two”.

In the report, Gen Alexander was said to have briefed the White House and other top officials about the growing threat from Anonymous.

He said that cyber-attackers could disable or damage computer networks linked to national grids across the globe.

The general has not spoken publicly about the supposed fears, but one unnamed industry executive told the Read more…

China preparing for space warfare

February 24, 2012 Comments off

freebeacon.com

Army Lt. Gen. Ronald L. Burgess, director of the Defense Intelligence Agency, disclosed new details of China’s space weapons programs last week, including information regarding China’s anti-satellite missiles and cyber warfare capabilities.

Burgess stated in little-noticed written testimony prepared for an appearance before the Senate Armed Services Committee that Beijing is developing missiles, electronic jammers, and lasers for use against satellites.

Much of the space warfare activity is being carried out under the guise of China’s supposedly non-military space program, he said.

“The space program, including ostensible civil projects, supports China’s growing ability to deny or degrade the space assets of potential adversaries and enhances China’s conventional military capabilities,” Burgess said.

“China operates satellites for Read more…

Putin: Russia Must Re-Arm Because of United States Aggression

February 24, 2012 Comments off

economicpolicyjournal

That’s the only way to interpret a new article by Vladimir Putin in the new issue of Foreign Policy. He writes:

We will, under no circumstances, surrender our strategic deterrent capability. Indeed, we will strengthen it.

We will not be able to strengthen our international position or develop our economy or our democratic institutions if we are unable to protect Russia.

We see ever new regional and local wars breaking out. We see new areas of instability and deliberately managed chaos. There also are attempts to provoke such conflicts even close to Russia’s and its allies’ borders. The basic principles of international law are being degraded and eroded, especially in terms of international security.

Under these circumstances, Russia cannot rely on diplomatic and economic methods alone to resolve conflicts. Our country faces Read more…

$6 Gas This Summer — U.S. Economy Falls Off Cliff

February 24, 2012 Comments off

etfdailynews.com

Dominique de Kevelioc de Bailleul: 

 Strap on that safety belt for one wild summer of frantic trading in the energy complex, according to economist, prolific author and wealth strategist, Stephen Leeb.  He says gas prices in the US could reach $6 per gallon by the summer driving season.

And if there’s any economic event that could surely torpedo an already near-flat-lined US economy into a death spiral, it will come from a massive price hike in that most critical commodity to any economy—oil.  According  to the charts, oil has again breached the Read more…