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Bibi1581 Blog For 07/01/2018: Evening Edition

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1…………> Aussie, US In Danger: China Bubble Burst 


The Chinese yuan has just suffered its steepest monthly decline on record, down more than 20% since the recent peak in late January, now clearly in a now in bear territory, having lost 1.5% against the US dollar last week and is down about 3% over the past two weeks.

A weaker Chinese currency would soften the blows of higher US tariffs. 

The US-China trade conflict will ratchet up another notch this week as rhetoric transitions to action and the US imposes a 25% tariff on a narrow $US34 billion worth of imports, the threat targeting another $540 billion worth of goods should China retaliate is hanging over the markets. 

“A statement from the PBOC late on Thursday pledging [unspecified] support for the economy was a further step and it may have helped the yuan and Shanghai equities recover a little [on Friday],” Capital Economics chief Asian economist Mark Williams said. 

“If falls resume next week, more forceful intervention is likely, including foreign exchange sales and equity purchases by the ‘national team'”. 




2…………> Child Soldiers: Islamic Sheikdom Of France


“They recruited and trained orphans, and then you also have the wives of ISIS [Daesh] militants whose children have been indoctrinated with the group’s ideology and who have been taught to hate the US-led coalition and Europe,” said the French jihadist Jonathan Geffroy who was captured by the Free Syrian Army as he tried to flee the war-torn country with his wife and two children. 

He was quoted by Le Monde as saying that the terrorist group planned to use children in order “to carry out suicide missions” in Europe, having been in the know of “future external operations” promulgated “by children who grew up in the area and who, after adolescence, will be sent to the West, to Europe.” 

The child soldier plan is a brainchild of the Clain brothers, the highest-ranking French members of Daesh, who engineered the deadly November 2015 terrorist attacks in Paris. 




3…………> “I Better Shop Around”: Trump’s Nafta Deal


“NAFTA, I could sign it tomorrow, but I’m not happy with it. I want to make it fairer, okay? I want to wait until after the election. You’re going to have an election. I think it’ll be very interesting. I think it’s going to be fine,” President Trump said about the current political reality.

He wants to wait until after the midterm elections in November to sign a new North American Free Trade Agreement (NAFTA) with Canada and Mexico.

Calling NAFTA as “the worst deal ever” during his campaign and presidency, he requested the agreement to be renegotiated in order to make it “fair” for his country, with the aim of reducing the U.S. trade deficit.

However, Trump imposing tariffs on steel and aluminum imports of the U.S. in March has strained relations between the three countries.

Canada responded to the U.S. on Friday by imposing $12.6 billion in retaliatory tariffs against American products that will take effect on Sunday.




4…………> World VW Day: Remember the 60’s?


Photo taken on July 1, 2018, shows colorful Volkswagen cars in Colombo, Sri Lanka. The Volkswagen Beetle Owners’ Club held an annual World Volkswagen Day celebration in Colombo on Sunday.





5…………> Mexico vs The US: Border Wars 


Mexico’s richest man and entrepreneur Carlos Slim did not take President  Trump’s ” Make America Great” plan seriously when took office in Washington:

 “Even for building a wall you need Mexican workers,” he quipped when he heard the specifics of Mr.Trump border visions.

This careless attitude has vanished since, as President Trump has relentlessly humiliated the US’s southern neighbor not just during his campaign, but also during his first year in office.

“Even before his victory, Trump accused Mexico of sending criminals, rapists and drug dealers to the US, and he has stuck with this position,” Washington-based Mexican journalist Gregorio Meraz tells DW.

“His approval ratings went down after the separation of children and parents at the border,” Meraz says. “But he did it to put the Democrats under pressure so they would agree to tighter immigration laws and approve 25 billion dollars for the border wall.”


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Bibi1581 Blog For 02/10/2018: Morning Edition

1…………> Cuffed In Sarov: Surfing The Internet, Eh?

Several scientists working at a top-secret Russian nuclear warhead facility have been arrested for mining crypto-currencies using its supercomputer rated at 1 petaflop, in a town unofficially named “Sarov” that was not even marked on the maps, and it is surrounded by a tightly guarded no-man’s-land.  
British experts have been suspecting that the radioactive polonium-210 used to kill ex-FSB agent Alexander Litvinenko in London in 2006 came from Sarov.
A nice, homey place ain’t it?


2…………> Rogers: Bear Market Ahead?

The Dow Jones Industrial Average plummeted for the second time this month, losing over 2,000 points, or about 10% of its value, followed by Nasdaq and  S&P 500, that saw drops of 9.7% and 12%.

Famed investor Mr. Jim Rogers stated in part that: “The real reason in my view is that the American stock market has been going up for over two years with no correction – not even a five percent correction. Normally markets correct ten percent all the time. This is a very overextended, overbought market, and so it was time for a correction. I can give you [other] reasons, but that’s the real reason.”

His statement completely agrees with what has been saying for more than two years, when the leader of the invisible, illegitimate and answerable to no one real US government Janet Yellen and her hoodlum friends over at ECB printed out trillions of dollars in support of the so called “global economy”, melting the polar caps along the way and robbing savers out of billions of fixed income.
Now the monocle is on the other eye, and the electorate that was not paying attention and instead watching TV and drinking beer will have to face the hard way.


3…………> US Nuke Doctrine: Madness Or Reality?

The US Department of Defense published the new US’s new nuclear doctrine, that coupled with the National Security Strategy and the National Defense Strategy sets up a course for achieving all-round US superiority over any enemy, in line with Trump’s ‘America First’ and ‘Peace Through Strength’ slogans. The document implies that US is prepared to unleash a war against any rival who encroaches on America’s monopoly position, or who violates the ‘New World Disorder’ established by the USA, according to famed Roman adage, “divide et impera”, or “divide and conquer” in plain English.


4…………> ICE Power Challenged: LA Judge

“This is a significant ruling, especially considering the national debate around immigration and the efforts of the Trump administration to strong-arm localities to honor immigration detainers. Here is yet another court saying that any police department that does go along with detainer requests can be held liable,” said  an attorney with the ACLU as a federal judge in Los Angeles ruled that police departments violate the Constitution if they detain inmates at the request of immigration agents, throwing another “monkey wrench” in the wheels of Trump’s ICE police efforts to identify and deport immigrants in the country illegally.

“The LASD officers have no authority to arrest individuals for civil immigration offenses, and thus, detaining individuals beyond their date for release violated the individuals’ Fourth Amendment rights,” U.S. District Judge Andre Birotte Jr. wrote, as his order allows an estimated 10,000 to 12,000 people who were improperly held in L.A. County jails on ICE detainers between 2010 and 2014 may be entitled to monetary awards.
This is yet another great victory for the Mr.Soros led “La Resistance” movement against the alleged “nationalism” of the Trump’s administration trek for law and order country with well secured borders.


5…………> Money Laundering:Nigeria

Charges were unsealed today in Houston, Texas, against six individuals for their alleged participation in an elaborate international advance fee and money laundering scheme. The scheme allegedly involved the impersonation of Branch Banking & Trust (BB&T) and JPMorgan Chase (Chase) executives, the fabrication of U.S. government documents, the creation of fraudulent investment agreements in the name of BB&T and Chase, and the purchase of luxury vehicles to launder the proceeds of the scheme.

Uju Okigbo, 48, of Richmond, Texas; Chioma Okafor, 28, of Houston, Texas; Marita Ranalan Underwood, 61, of Manila, Philippines; John Christian Rutledge, 64, of Yaphank, New York; and Osa May Martin, 68, of Carthage, Missouri, were charged in an indictment unsealed today in the Southern District of Texas. All five defendants were charged with one count of conspiracy to commit wire fraud. Okigbo and Okafor were also charged with one count of conspiracy to launder monetary instruments, as well as two counts each of wire fraud and two counts each of concealment money laundering. Okigbo is also charged with three counts of engaging in transactions with proceeds of specified unlawful activity, and one count of aggravated identity theft for impersonating a U.S. banking executive. Underwood, Rutledge and Martin are also charged with one count of conspiracy to wrongfully use government seals.


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