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Posts Tagged ‘south africa’

BRICS Move To Replace Dollar With “Super-Sovereign” Global Currency

March 27, 2012 Comments off

blog.alexanderhiggins.com

Brazil, Russia, India, China and South Africa Move To Replace Dollar With Chinese Denominated Single Super-Sovereign Global CurrencyBrazil, Russia, India, China and South Africa launch attack to to replace the dollar with an single Chinese denominated “super-Sovereign” global currency.

As China is expected to rise to the status of a financial super power within the next 8 years and eclipse the US economy by 2020 Africa becomes center stage in the greatest currency war the world has seen since the 1930s which is now shifting into overdrive.

Brazil, Russia, India, China and South Africa, collectively known as the BRICS nations, are moving forward with their plan to unseat the US dollar from its throne as the global trade currency and to replace it with a Chinese denominated “super-sovereign” international currency.

This Geo-political game to establish global monetary dominance is by no means limited to the attack on the US dollar.

Instead this is merely the first strike of a concerted campaign of worldwide economic 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: , , , , , ,

Giant Human-Like Foot Print South Africa: Video

January 13, 2012 Comments off

Genesis 6:4 There were giants in the earth in those days; and also after that, when the sons of God came in unto the daughters of men, and they bare children to them, the same became mighty men which were of old, men of renown. (KJV)

Michael Tellinger shows off what could be one of the best pieces of evidence that there were giants on Earth a long, long time ago. Geologists have marvelled at this giant foot print in rough granite, about 4 feet long. Some still say that it is a natural erosion pattern.
Personally I find that suggestion highy improbable for various reasons that I will not go into here. Prof. Pieter Wagener from UPE, suggests that “there is a higher probability of little green men arriving from space and licking it out with their tongues, than being created by natural erosion”.
It is located in South Africa, near the town of Read more…

BRICS could block West’s neocolonial moves

September 5, 2011 Comments off

rt.com

Russia strongly opposes the Western approach to the situation in Syria and its stance has largely been echoed by its partners within the BRICS. Some experts believe that BRICS is the only group that can stand against the West’s hegemonic ambitions.

­“If the BRICS countries have anything to do with it, the Libyan scenario will not be put into practice in Syria,” Russian Foreign Minister Sergey Lavrov said on Sunday after a meeting with his Brazilian counterpart, Antonio Patriota.

Dr Sreeram Chaulia, a Read more…

Extreme weather causes chaos in South Africa

August 2, 2011 2 comments

sott

© Mitchell Krog
A massive swirling and circulating electrical storm cell rolls across the South African landscape and packs some massive lightning strikes along with it. This weather phenomenon is a common sight in the Highveld region of South Africa during the summer rain months.

Extreme weather conditions this week left a trail of chaos and confusion with snowfalls in three South African provinces leaving thousands trapped in their homes, cars and buses as emergency workers battled to reach them.

Major roads were shut in the Eastern Cape, Free State and KwaZulu-Natal after blizzards hit. It took emergency services more than six hours to clear through kilometres of snow and heavy wind to rescue trapped motorists and commuters. Netcare 911 spokesman Chris Botha said no serious injuries were reported.

The 5 South African Infantry Battalion of the defence forces was called in to assist motorists and three Read more…

Revealed: how Israel offered to sell South Africa nuclear weapons

July 25, 2011 1 comment

guardian

The secret military agreement signed by Shimon Peres and P W Botha

The secret military agreement signed by Shimon Peres, now president of Israel, and P W Botha of South Africa. Photograph: Guardian

Secret South African documents reveal that Israel offered to sell nuclear warheads to the apartheid regime, providing the first official documentary evidence of the state’s possession of nuclear weapons.

The “top secret” minutes of meetings between senior officials from the two countries in 1975 show that South Africa‘s defence minister, PW Botha, asked for the warheads and Shimon Peres, then Israel’s defence minister and now its president, responded by offering them “in three sizes”. The two men also signed a broad-ranging agreement governing military ties between the two countries that included a clause declaring that “the very existence of this agreement” was to remain secret.

The documents, uncovered by an American academic, Sasha Polakow-Suransky, in research for Read more…

The Global Physical Gold & Silver Reserves Race is the New Nuclear Arms Race

July 21, 2011 Comments off

zerohedge

The old Cold War USA-USSR nuclear arms race has been replaced by the new East-West Central Bank battle to accumulate physical gold and physical silver reserves. While Western Central Banks and their puppet bullion banks have distracted and goaded private citizens with the invention of fraudulent bogus paper gold and paper silver derivative products, including ETFs more recently, and paper futures contracts for a much longer period of time, they themselves have been making sure to avoid the very fraudulent paper products they have invented and have been diving headfirst into real physical precious metals.

 

As Central Banks continue to significantly devalue all major global currencies through excessive creation of new supply out of thin air in a digital world where “new money” is never even printed into paper/cotton form but only is created as digital bytes that are sent across international borders, the private families that are the majority shareholders in the world’s most powerful Central Banks have engaged in heavy buying of Read more…

Biometric access could control South Africa schools

July 13, 2011 Comments off

itnewsafrica

Liam Terblanche, CIO at Accsys

Many schools in South Africa may have considered biometric access control as a means of combating truancy and ensuring learner safety and security.

In the UK, an estimated 30% of all schools use biometric access control.  Although concerns have been raised over privacy and the collection of fingerprints into national data sets, the Data Protection Act (1998) of that country allows schools to record fingerprint biometrics without the consent of the parents.

In South Africa, however, the almost to be promulgated Protection of Personal Information (POPI) bill prevents the collection of personal information without the written consent of the individual, or that of a legal guardian in the case of minors.  (See section 25 – Prohibition on processing of special personal information).

This would imply that, even if a school’s governing body agrees to the implementation of biometric access control at a school, the individual learners would still be able to Read more…

Is this how Eve spoke? Every human language evolved from ‘single prehistoric African mother tongue’

April 17, 2011 Comments off

dailymail

Every language in the world – from English to Mandarin – evolved from a prehistoric ‘mother tongue’ first spoken in Africa tens of thousands of years ago, a new study reveals.

After analysing more than 500 languages, Dr Quentin Atkinson found compelling evidence that they can be traced back to a long-forgotten dialect spoken by our Stone Age ancestors.

The findings don’t just pinpoint the origin of language to Africa – they also show that speech evolved at least 100,000 years ago, far earlier than previously thought.

Scientists have found that every language can be traced back to a long-forgotten dialect spoken by our Stone Age ancestors in Africa Scientists have found that every language can be traced back to a Read more…

BRICS demand global monetary shake-up, greater influence

April 14, 2011 Comments off

yahoo.com

(L-R) India's Prime Minister Manmohan Singh, Russia's President Dmitry Medvedev, China's President Hu Jintao, Brazil's President Dilma Rousseff and South African President Jacob Zuma attend a joint news conference at the BRICS Leaders Meeting in Sanya, Hainan province April 14, 2011. The development banks of the five BRICS nations agreed in principle on Thursday to establish mutual credit lines denominated in their local currencies, not in dollars. REUTERS/How Hwee Young/Pool

SANYA, China (Reuters) – The BRICS group of emerging-market powers kept up the pressure on Thursday for a revamped global monetary system that relies less on the dollar and for a louder voice in international financial institutions.

The leaders of Brazil, Russia, India, China and South Africa also called for stronger regulation of commodity derivatives to dampen excessive volatility in food and energy prices, which they said posed new risks for the recovery of the world economy.

Meeting on the southern Chinese island of Hainan, they said the recent financial crisis had exposed the inadequacies of the current monetary order, which has the dollar as its linchpin.

What was needed, they said in a statement, was “a broad-based international reserve currency system providing stability and certainty” — thinly veiled criticism of what the BRICS see as Washington’s neglect of its global monetary responsibilities.

The BRICS are worried that America’s large trade and budget deficits will eventually debase the dollar. They also begrudge the financial and political privileges that come with being the leading reserve currency.

“The world economy is undergoing profound and complex changes,” Chinese President Hu Jintao said. “The era demands that the BRICS countries strengthen dialogue and cooperation.”

In another dig at the dollar, the development banks of the five BRICS nations agreed to establish mutual credit lines denominated in their local currencies, not the U.S. currency.

The head of China Development Bank (CDB), Chen Yuan, said he was prepared to lend up to 10 billion yuan to fellow BRICS, and his Russian counterpart said he was looking to borrow the yuan equivalent of at least $500 million via CDB.

“We think this will undoubtedly broaden the opportunities for Russian companies to diversify their loans,” Vladimir Dmitriev, the chairman of VEB, Read more…