In These New Times

A new paradigm for a post-imperial world

Archive for October, 2010

What is meant by re-apportioning China’s IMF voting rights to 3rd

Posted by smeddum on October 26, 2010

October 26, 2010

People’s Daily

At the Group 20 Finance Ministers and Central Bank Governors Meeting held in Gyeongju, the Republic of Korea on Oct. 22-23, countries reached consensuses on the International Monetary Fund (IMF)’s quota reform, Europe agreed to give up two of the eight or nine seats it controls and shift 6 percent of voting rights at the Fund to dynamic developing economies. Read the rest of this entry »

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What about the H1NI influenza fiasco?

Posted by seumasach on October 26, 2010

We cannot accept that the Commission still believes that there still exists such a danger. Then why don’t they remove the reference?

Even more unbelievable is that the criminal clowns of Britian’s medical-industrial complex are going to keep on injecting people.

New Europe

24th October, 2010

It is more than a year now, since the influenza A (H1N1) alert, declared by the UN Health Organization and followed by all the health organizations of the western world.

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Posted in Ecological and Public Health Crisis | Tagged: | Leave a Comment »

Bolivian president arrives in Tehran

Posted by seumasach on October 25, 2010

PressTV

25th October, 2010

Bolivian President Evo Morales has arrived in Tehran for a three-day state visit, with the goal of strengthening bilateral ties and seeking more Iranian investment in the South American country.

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US heads for the cliff

Posted by seumasach on October 25, 2010

Mogambu Guru

Asia Times

26th October, 2010

I thought I had seen and heard it all after the ludicrous Ben Bernanke, asinine chairman of the Federal Reserve, announced that the official (and thus a lie!) 2% inflation in prices was too, too low, and he wanted higher inflation because, somehow, in some weird little fantasy world that only he and other neo-Keynesian econometric cyber-nerds can see, higher inflation is “consistent with the mandate of the Fed” to achieve stable prices (zero inflation)! Hahahaha!

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Sympathy for Iran spawns new world order

Posted by seumasach on October 25, 2010

Kaveh Afrasiabi

Asia Times

26th October, 2010

Iran and Venezuela stand continents apart. Yet as two leading members of the Organization of the Petroleum Exporting Countries cartel with mixed economies and shared foreign policy orientations, and as leading betes noires of American hegemony, their growing interdependence reflects a strategic alliance that goes well beyond their bilateral relations and, in fact, is connected to their aspirations for a “new world order”.

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US-Pakistan embrace a fillip for peace

Posted by seumasach on October 25, 2010

M.K.Bhadrakumar

Asia Times

26th October, 2010

The big news over the weekend is that the United States and Pakistan have kissed and made up. What was played up in the recent weeks as a nasty showdown between the two partners, with each side growling dangerously and scratching the other almost to bleeding, turned out to be deceptive feline foreplay.

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Karzai: Blackwater behind terrorism

Posted by seumasach on October 25, 2010

It’s so desperate for the axis powers as their closest allies turn against them. The BBC is trying to counterattack with this story. Oh dear, oh dear! It’s all so hopeless.

PressTV

25th October, 2010

Afghan President Hamid Karzai has said US private security firms, including Xe Services LLC, formerly known as Blackwater, are being behind terrorism in the country.

At a press conference in Kabul, Karzai said that US security companies have been behind explosions that have claimed the lives of women and children.

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The geopolitical agenda behind the 2010 Nobel peace prize

Posted by seumasach on October 25, 2010

F.William Engdahl

Voltairenet

23rd October, 2010

With almost flawless political timing, the Nobel Peace Prize Committee of the Norwegian Parliament announced the giving of the 2010 Nobel Peace Prize to Chinese critic, political activist Liu Xiaobo. The announcement came just as US Treasury Secretary Timothy Geither was upping the pressure on the government of China to agree to a substantial revaluation of the Yuan, a move that would do little for the embattled dollar but cause great harm to China’s economy. The Nobel Prize theater is part of an escalating long-term pressure strategy of Washington against China.

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Germany says federal reserve heading `wrong way’ with monetary easing push

Posted by seumasach on October 24, 2010

European Central Bank President Jean-Claude Trichet said that the G-20 made “no particular conclusion” after some members expressed concern about proposals for further quantitative easing in the U.S.

I think the conclusion is that the US plan has been quietly but firmly rejected. What will their next step be? Nice to see a bit of straight speaking from the Germans – they’re becoming increasingly uppety.

Bloomberg

23rd October, 2010

The Federal Reserve’s push toward easier monetary policy is the “wrong way” to stimulate growth and may amount to a manipulation of the dollar, German Economy Minister Rainer Bruederle said.

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Posted in Battle for Europe, Financial crisis | Tagged: , | Leave a Comment »

Councils plan for exodus of poor families from London

Posted by seumasach on October 24, 2010

Guardian

24th October, 2010

Ministers were accused last night of deliberately driving poor people out of wealthy inner cities as London councils revealed they were preparing a mass exodus of low-income families from the capital because of coalition benefit cuts.

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Posted in Financial crisis | Tagged: | Leave a Comment »

Demonstrators occupy Glasgow bank

Posted by seumasach on October 24, 2010

STV

21st October, 2010

Demonstrators in Glasgow have occupied a branch of the Lloyds TSB bank in a protest against spending cuts

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Posted in Financial crisis | Leave a Comment »