Mar 18

Anti-Dollar-Alliance

- It’s Happening – More US Allies Join The Anti-Dollar Alliance (Sovereign Man, March 18, 2015):

The United States government just went from “Please, baby, don’t leave me,” to frustrated threats and whining.

After the UK announced it will join new China-led Asian Infrastructure Investment Bank (AIIB) as a founding member late last week, Germany, France and Italy decided yesterday to follow Britain’s lead and join as well.

Welcome to the beginning of the end of the US dollar’s domination. It’s happening.

For the past few decades America was the undisputed global economic and political superpower.

The entire world happily used the US dollar, and hence, the US banking system. More importantly, the world happily placed its trust in the US government.

But there’s a limit to how irresponsible, reckless, and threatening you can be. Eventually such behavior catches up to you.

That time has now come. Continue reading »

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Mar 15

- Thousands Crowd Brazil’s Streets: Demand Military Intervention & Rousseff Resignation, Impeachment (ZeroHedge, March 15, 2015):

It appears the ‘people’ are growing more and more dissatisfied with their corrupt and greedy leaders across the world. As we noted recently, Brazil’s economy is imploding, consumer sentiment is at record lows, and with the Petrobras scandal providing a glimpse at just how deep the corruption might go, Brazilians are revolting. Hundreds of thousands are crowding the streets in several regional Brazilian capitals, dominated ironically by the middle and upper classes. Demands for “Dilma Out” and “Impeach Dilma” are also interspersed with calls for a quasi-coup and “military intervention.

As 24 Horas reports,

Hundreds of thousands of people protested today against Brazilian President Dilma Rousseff , in Rio de Janeiro, within a day of demonstrations in dozens of cities across the country. Continue reading »

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Mar 11

- Brazilian Farmers Occupy and Cancel Approval Meeting for GMO Trees (Sustainable Pulse, March 5, 2015):

300 farmers have taken over the building where Brazil’s GMO regulator CTNBio was meeting Thursday to decide about whether to approve GE eucalyptus trees. The meeting was cancelled.

gmo-trees

Source: www.mst.org.br

Also Thursday, 1,000 women took over operations of FuturaGene across Brazil. The action included the destruction of all GE eucalyptus seedlings. About 1,000 women of the MST occupied the Suzano company (parent corporation to GE tree company FuturaGene) in Itapetininga, Sao Paulo, Brazil. Continue reading »

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Feb 21

russia-ratifies-brics-bank
(L-R) Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Brazilian President Dilma Rousseff, Chinese President Xi Jinping and South African President Jacob Zuma join their hands at a group photo session during the 6th BRICS summit in Fortaleza July 15, 2014. (Reuters/Nacho Doce)

- Russia ratifies $100bn BRICS New Development Bank (RT, Feb 20, 2015):

The Russian State Duma has ratified the $100 billion BRICS bank that’ll serve as a pool of money for infrastructure projects in Russia, Brazil, India, China and South Africa, and challenge the dominance of the Western-led World Bank and the IMF.

The New Development Bank is expected to start fully functioning by the end of 2015, according to the Russian Finance Ministry. Continue reading »

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Jan 30

- The Mexican Peso & Brazilian Real Are Collapsing (ZeroHedge, Jan 30, 2015):

Back over 15 / USD for the first time since March 2009, the Mexican Peso is tumbling hard this morning… and the Brazilian Real is also tanking (back near 10-year lows) – no clear catalyst aside from further weakness in oil producer and EM FX sentiment.

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Jan 30

Brazil’s Economy Is On The Verge Of Total Collapse (ZeroHedge, Jan 30, 2015):

Back when the BRICs were the source of marginal global growth, the punditry couldn’t stop praising them. However, in the past year, now that China’s housing bubble has burst and its shadow banking system has imploded, those who remember what BRIC actually stood for are about as rare as those who recall what it means for the Fed to hike rates. Which is precisely why nobody in the mainstream financial media has commented on the absolutely abysmal economic update reported earlier today out Brazil.

We are happy to do so because today’s data follows up quite well to our article from a month ago “Brazil’s Economy Just Imploded” and as the earlier article on the crashing Brazilian Real hinted, things for the Brazilian economy how gone from imploding to, well, worse because not only did the twin fiscal and current account deficits rise even more, hitting a whopping 11% of GDP – the worst since August 1999, but its government debt soared to 63.4% in 2014, up from 56.7% a year ago, and the highest since at least 2006. In short – the entire economy is now on the verge of total collapse. Continue reading »

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Dec 29

- Brazil’s Economy Just Imploded (ZeroHedge, Dec 29, 2014):

China may have mastered the art of fabricating economic data to a level unmatched by anyone except the US Department of Labor, but its derivative countries have much to learn. And none other more so than one of China’s favorite sources of commodities over the past decade: Brazil. It is here that things are going from worse to catastrophic, as disclosed in today’s update of Brazil’s fiscal picture.

Here are the disturbing facts showing that behind the world’s propaganda growth facade, it is all hollow: Brazil’s consolidated public sector primary fiscal balance, which posted a significantly worse than expected R$8.1bn primary deficit in November driven by the R$6.7bn deficit of the Central Government, dipped into negative territory: -0.18% of GDP, driven by the significant deterioration of the Central Government finances.

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Dec 20

- China’s Stocks Worth 50% More Than Rest Of BRICS Combined (ZeroHedge, Dec 19, 2014):

Thanks to the massive surge of speculative trading account openings, Chinese stocks are up 28% in the last month and a stunning 52% since China unleashed ‘QE-Lite’. This has sent the total market capitalization of China’s stocks soaring relative to the rest of the BRICS. In fact, Chinese stocks are now worth 55% more than Brazil, Russia, India, and South Africa combined… the most ever.

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Nov 03

- Brazil Is Keeping Its Promise to Avoid the U.S. Internet (Gizmodo):

Brazil was not bluffing last year, when it said that it wanted to disconnect from the United States-controlled internet due to the NSA’s obscenely invasive surveillance tactics. The country is about to stretch a cable from the northern city of Fortaleza all the way to Portugal, and they’ve vowed not to use a single U.S. vendor to do it.

At first glance, Brazil’s plan to disconnect from the U.S. internet just seemed silly. The country was not happy when news emerged that the NSA’s tentacles stretched all the way down to Brazil. And the country was especially not happy when news emerged that the NSA had been spying on the Brazilian government’s email for years. But really, what are you gonna do? Continue reading »

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Oct 28

- Brazilian Stocks Plunge 6% To 7-Month Lows After Rousseff Win (ZeroHedge, Oct 27, 2014):

Just as we warned last night was indicated by the Japanese market’s Brazil ETFs, so the IBOVESPA has opened down over 6% this morning on very heavy volume following the ‘disappointing for the bulls’ electionvictory of Dilma Rousseff. Despite her associations with Petrobras (which may have suggested it bounced), the favorite Jim Chanos short is being crushed, down 14% at the open. The Real is tumbling too, breaking above 2.54 to its weakest against the USD since Dec 2008.

….

 

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Sep 23


Jun 10, 2014

See also:


Sep 24, 2013

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Aug 14

Good luck with that!


- Scientists Appeal to Pope to Get GM Foods Banned in Brazil (Sustainable Pulse, Aug 11, 2014):

Brazilian scientists and members of social movements have appealed to Pope Francis to join forces with them in an attempt to persuade the Brazilian government no longer to allow the cultivation and use of genetically modified foods and their by-products in Brazil.

Source: www.brazzilmag.com

In a letter sent to the Vatican late in April, eight researchers from six countries argue that, if international companies are authorized to register manipulation processes or the properties of life forms, like seeds, food security would be threatened and biopiracy encouraged. Continue reading »

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Aug 10

- First BRICS Bank, Now BRICS Food Bank (ZeroHedge, Aug 7, 2014):

Despite President Obama’s dictating that Russia is increasingly “isolated,” it appears they have found a whole new set of friends to play with in the global trade sandpit. In retaliation to Western sanctions, Putin yesterday unveiled a total food import ban from all sanctioning nations, and, just as the BRICS created their own ‘IMF-lite’ away from Washington’s prying eyes, Russia plans to substitute banned goods with not just domestic supplies but imports from Latin America, China, and several other nations. Agriculture Minister Nikolai Fedorov said “no food shortages are expected,” but more isolation for the West…

Russia is already turning away trucks at the border and cancelling orders (as FruitNet reports) Continue reading »

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Aug 09

- This Is How Putin’s Advisor Sees The Ukraine Crisis Playing Out  (ZeroHedge, Aug 8, 2014):

Vladimir Putin’s chief “integration” advisor, Sergei Glazyev, has been regularly featured on these pages in the past (see Putin Advisor Threatens With Dumping US Treasurys, Abandoning Dollar If US Proceeds With Sanctions and Putin Advisor Proposes “Anti-Dollar Alliance” To Halt US Aggression Abroad for two examples). So now that the Ukraine situation has once again escalated, this time with both sides openly engaged in trade war and many suggesting all-out war just over the horizon, how does Putin’s advisor see the Ukraine conflict playing out?

For the answer we go to Bloomberg: Continue reading »

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Jul 20

BRICS Plan To Become “Political Alliance” To Reform The International Financial System (ZeroHedge, July 19, 2014):

As the world slowly turns against US Dollar hegemony, it appears the BRICS are pressing to fill any gaps. Having created the BRICS Bank “alternate to The West-controlled IMF or World Bank,”Xinhua reports that Russian Foreign Minister Sergei Lavrov believes the BRICS mechanism has been fully developed and can now transform into a political alliance to “reform the international financial system.”

BRICS-happy

As Xinhua reports,

The BRICS mechanism has been fully developed and can transform into a political alliance, Russian Foreign Minister Sergei Lavrov said Friday.

“BRICS grows and matures in all directions,” the diplomat told state-run Rossiya 24 TV channel. Continue reading »

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Jul 17

In my opinion gold in (extended or permanent) backwardation is signalling a total loss of confidence in the $US Dollar and is a clear sign that the dollar endgame is here.

The Great Depression will soon look like a walk in the park.


Dollar-Endgame

- When You See This Happen, You Know It’s Game Over For The Dollar (ZeroHedge, July 16, 2014):

Exactly 70 years ago to the day, hundreds of delegates from 44 nations were busy at work in Bretton Woods, New Hampshire creating a brand new financial system.

World War II had just ended. Europe was in ruin.

And since the US was simultaneously the largest economy in the world, the primary victor in the war, and the only major power with its productive capacity intact, it was easy to dictate terms: the dollar would dominate the new system.

Every nation would hold dollars as the primary reserve currency, and the dollar would be redeemable for gold at $35/ounce. Continue reading »

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Jul 16

See also:

- 9 EU Countries Ready To Block Economic Sanctions Against Russia

Obama-Facepalm-1

crash-dollar


brics-bank-currency-pool
(L to R) Russia’s President Vladimir Putin, India’s Prime Minister Narendra Modi, Brazilian President Dilma Rousseff, China’s President Xi Jinping and South Africa’s President Jacob Zuma join their hands during the official photograph of the 6th BRICS summit in Fortaleza, Brazil, on July 15, 2014 (AFP Photo)

- BRICS establish $100bn bank and currency reserves to cut out Western dominance (RT, July 15, 2014):

The group of emerging economies signed the long-anticipated document to create the $100 bn BRICS Development Bank and a reserve currency pool worth over another $100 bn. Both will counter the influence of Western-based lending institutions and the dollar.

The new bank will provide money for infrastructure and development projects in BRICS countries, and unlike the IMF or World Bank, each nation has equal say, regardless of GDP size.

“BRICS Bank will be one of the major multilateral development finance institutions in this world,” Russian President Vladimir Putin said on Tuesday at the 6th BRICS summit in Fortaleza, Brazil. Continue reading »

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Jul 09

Flashback:

- Florida Scientists Prepare To Release Hundreds Of Thousands Of Genetically Modified Mosquitoes

- Millions Of GMO Mosquitoes Released Without Risk Assessment Or Oversight

- Australia: GMO Mosquitoes Released Into The Wild

- Bill Gates Spends $1 Million On Laser Defence System – To Repel Mosquitoes

- GMO Mosquitos Engineered To Kill – Their Own Children – RELEASED In Brazil, Cayman, Islands And Malaysia

- Scientist Investigating How Mosquitoes Transmit Diseases Dies From Ingested Cyanide

- Bill & Melinda Gates Foundation Funds Sweat-Triggered Vaccines

- Gates Foundation: Funding for a proposal to turn mosquitos into ‘flying syringes’ delivering vaccines

What could possibly go wrong?


gm-mosquitoes

- Brazil Announces Dengue Fever Emergency in GM Mosquito Trials Region (Sustainable Pulse, July 8, 2014):

Civil society groups today expressed alarm at an increase in dengue incidence, leading to an emergency decree, in a town in Brazil where releases of genetically modified (GM) mosquitoes are taking place.

The promise was to create genetically modified mosquitoes that would end dengue, but results from field trials conducted in Bahia, Brazil have not been published to date and did not evaluate the relation between Aedes aegypti mosquito populations and the occurrence of dengue [1]. Nevertheless, the Brazilian regulator Comissão Técnica Nacional de Biossegurança (CTNBio) recently gave the green light to the commercialization of the technology proposed by Moscamed Brazil in partnership with the English company Oxitec and the Universidade de São Paulo.

The Brazilian press had welcomed the new weapon to combat dengue but missed the information that Jacobina’s mayor, a locality where the trials took place, issued a decree in February 2014 renewing the state of emergency “due to the abnormal situation characterized as a biological disaster of dengue epidemic.” [2]. Before that, Moscamed had announced 81% and 100% reduction in the number of Aedes aegypti mosquitoes in at least two localities of Jacobina, claiming that this meant the experiments were a success [3]. According to Oxitec, pilot-scale releases started in the north-west of Jacobina in June 2013 and the programme will roll out across the entire city over two or three years [4]. Continue reading »

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Jun 12

- Rio’s airport workers go on strike on the eve of World Cup opening (RT, June 12, 2014):

Workers at Rio de Janeiro’s three airports have declared a 24-hour strike, asking for a pay raise ahead of the World Cup opening ceremony scheduled for Thursday, unions said.

The strike will be partial, as a labor court ordered the unions to maintain 80 percent service or be faced with a fine of up to US$22,400.

Workers are looking for at least a 5.6 percent raise to their wages. Continue reading »

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Jun 11


Added: Jun 8, 2014

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