Aug 27

The truth is:

“The truth is, there is no Islamic army or terrorist group called Al Qaeda. And any informed intelligence officer knows this. But there is a propaganda campaign to make the public believe in the presence of an identified entity representing the ‘devil’ only in order to drive the TV watcher to accept a unified international leadership for a war against terrorism. The country behind this propaganda is the US.”
- Robin Cook, Former British Foreign Secretary


Skip the introduction.


Introduction:

1 of 1:

2 of 2:

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Aug 12

Listen to Gerald Celente America!
Rome is burning:

- John Williams: ‘Times That Try Our Souls’ (U.S. Bankruptcy - Hyperinflation - Great Depression), Preparedness Can Save Your Life

So what have the elitists planned for the US? Total collapse and/or WW III?

- Former CIA And Military Officials To Obama: Israel Prepares To Attack Iran This Month


Part 1 of 3:

Added: 11. August 2010

Part 2 of 3:

Added: 11. August 2010

Part 3 of 3:

Added: 11. August 2010

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Aug 02

ww-iii_world-war-iii_ww-3

Humanity is at a dangerous crossroads. War preparations to attack Iran are in “an advanced state of readiness”. Hi tech weapons systems including nuclear warheads are fully deployed.

This military adventure has been on the Pentagon’s drawing board since the mid-1990s. First Iraq, then Iran according to a declassified 1995 US Central Command document.

Escalation is part of the military agenda. While Iran, is the next target together with Syria and Lebanon, this strategic military deployment also threatens North Korea, China and Russia.

Since 2005, the US and its allies, including America’s NATO partners and Israel, have been involved in the extensive deployment and stockpiling of advanced weapons systems. The air defense systems of the US, NATO member countries and Israel are fully integrated.

This is a coordinated endeavor of the Pentagon, NATO, Israel’s Defense Force (IDF), with the active military involvement of several non-NATO partner countries including the frontline Arab states (members of NATO’s Mediterranean Dialogue and the Istanbul Cooperation Initiative), Saudi Arabia, Japan, South Korea, India, Indonesia, Singapore, Australia, among others. (NATO consists of 28 NATO member states Another 21 countries are members of the Euro-Atlantic Partnership Council (EAPC), The Mediterranean Dialogue and the Istanbul Cooperation Initiative include ten Arab countries plus Israel.)

The roles of Egypt, the Gulf states and Saudi Arabia (within the extended military alliance) is of particular relevance. Egypt controls the transit of war ships and oil tankers through the Suez Canal. Saudi Arabia and the Gulf States occupy the South Western coastlines of the Persian Gulf, the Straits of Hormuz and the Gulf of Oman. In early June, “Egypt reportedly allowed one Israeli and eleven U.S. ships to pass through the Suez Canal in ….an apparent signal to Iran. … On June 12, regional press outlets reported that the Saudis had granted Israel the right to fly over its airspace…” (Muriel Mirak Weissbach,  Israel’s Insane War on Iran Must Be Prevented., Global Research, July 31, 2010)

Continue reading »

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Jul 16

Shorter version of the video with simultaneous translation:

- Iranian nuclear scientist: ‘US and Saudi agents abducted me’ (Guardian)


Shahram Amiri returns to Tehran from the US where he claims he was interrogated by CIA agents after being kidnapped in Saudi Arabia


Added: 15. Juli 2010

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Jun 21

Surprise!


gold-bars

AP Business Writer= CAIRO (AP) — Saudi Arabia’s central bank holds more than twice the amount of gold previously estimated, a shift that analysts said reflected more of an accounting adjustment than an indication the oil rich nation was veering away from its conservative reserve policy.

A June report by the World Gold Council, an industry group that tracks gold bullion holdings by nations the world over, showed the Saudi Arabian Monetary Agency’s gold reserve figure climbed to 322.9 tons compared to 143 tons reported in March.

The council said its gold data was “modified from the first quarter 2008 as a result of the adjustment of the SAMA’s gold accounts.”

Analysts said the change either signaled an accounting revision or that the kingdom, which sits atop the world’s largest proven reserves of conventional crude oil, had stepped up buying gold in 2008 as the metal’s value took a frequent beating during the global economic meltdown.

The same financial downturn also pummeled the price of oil, Saudi Arabia’s chief export.

Gold prices have gained steadily this year, settling Friday at a record $1,258.30 an ounce.

At that level, SAMA’s total official holdings of the precious metal are worth about $14.33 billion, or roughly 3.5 percent of the country’s total $413 billion in foreign assets.

“The only reason (for the change) beside the accounting of a larger portion of gold as SAMA assets, was they could have bought more gold in 2008,” said John Sfakianakis, chief economist at the Riyadh-based Banque Saudi Fransi-Credit Agricole Group.

“I think it was purely a buying opportunity in 2008,” he said. “There isn’t a shift away from their conservative approach of managing their foreign assets — being liquid, low risk and very long-term based.”

But those increases, recorded in SAMA’s April Monthly Statistical Bulletin, fail to even remotely explain the more than doubling of its gold reserves, as reported by the World Gold Council.

Saudi figures show that gold holdings by the country climbed by 867 million riyals ($231.2 million) in 2008 from the previous year. Continue reading »

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Jun 13

See also:

- Saudi Arabia gives Israel clear skies to attack Iranian nuclear sites (Times):

Saudi Arabia has conducted tests to stand down its air defences to enable Israeli jets to make a bombing raid on Iran’s nuclear facilities, The Times can reveal.


Prince Mohammed bin Nawaf refutes Times of London report saying Saudi Arabia practiced standing down its anti-aircraft systems to allow an Israeli bomb run.

iran-bushehr
Satellite image of the Iranian nuclear reactor at Bushehr, January 3, 2002

Saudi Arabia would not allow Israeli bombers to pass through its airspace en route to a possible strike of Iran’s nuclear facilities, a member of the Saudi royal family said Saturday, denying an earlier Times of London report.

Earlier Saturday, the Times reported that Saudi Arabia has practiced standing down its anti-aircraft systems to allow Israeli warplanes passage on their way to attack Iran’s nuclear installations, adding that the Saudis have allocated a narrow corridor of airspace in the north of the country.

Prince Mohammed bin Nawaf, the Saudi envoy to the U.K. speaking to the London-based Arab daily Asharq al-Awsat, denied that report, saying such a move “would be against the policy adopted and followed by the Kingdom.”

According to Asharq al-Awsat report, bin Nawaf reiterated the Saudi Arabia’s rejection of any violation of its territories or airspace, adding that it would be “illogical to allow the Israeli occupying force, with whom Saudi Arabia has no relations whatsoever, to use its land and airspace.”

Earlier, the Times quoted an unnamed U.S. defense source as saying that “the Saudis have given their permission for the Israelis to pass over and they will look the other way.

“They have already done tests to make sure their own jets aren’t scrambled and no one gets shot down. This has all been done with the agreement of the [U.S.] State Department.”

Once the Israelis had passed, the kingdom’s air defenses would return to full alert, the Times said.

Despite tensions between them, Israel and Saudi Arabia share a mutual hostility to Iran.

“We all know this. We will let them [the Israelis] through and see nothing,” the Times quoted a Saudi government source as saying. Continue reading »

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Mar 07

Highly recommended article.


An Observer investigation reveals how rich countries faced by a global food shortage now farm an area double the size of the UK to guarantee supplies for their citizens

the-21st-century-african-land-grab-by-rich-countries-faced-by-global-food-and-water-shortages
A woman tends vegetables at a giant Saudi-financed farm in Ethiopia.

We turned off the main road to Awassa, talked our way past security guards and drove a mile across empty land before we found what will soon be Ethiopia’s largest greenhouse. Nestling below an escarpment of the Rift Valley, the development is far from finished, but the plastic and steel structure already stretches over 20 hectares - the size of 20 football pitches.

The farm manager shows us millions of tomatoes, peppers and other vegetables being grown in 500m rows in computer controlled conditions. Spanish engineers are building the steel structure, Dutch technology minimises water use from two bore-holes and 1,000 women pick and pack 50 tonnes of food a day. Within 24 hours, it has been driven 200 miles to Addis Ababa and flown 1,000 miles to the shops and restaurants of Dubai, Jeddah and elsewhere in the Middle East.

Ethiopia is one of the hungriest countries in the world with more than 13 million people needing food aid, but paradoxically the government is offering at least 3m hectares of its most fertile land to rich countries and some of the world’s most wealthy individuals to export food for their own populations.

The 1,000 hectares of land which contain the Awassa greenhouses are leased for 99 years to a Saudi billionaire businessman, Ethiopian-born Sheikh Mohammed al-Amoudi, one of the 50 richest men in the world. His Saudi Star company plans to spend up to $2bn acquiring and developing 500,000 hectares of land in Ethiopia in the next few years. So far, it has bought four farms and is already growing wheat, rice, vegetables and flowers for the Saudi market. It expects eventually to employ more than 10,000 people.

But Ethiopia is only one of 20 or more African countries where land is being bought or leased for intensive agriculture on an immense scale in what may be the greatest change of ownership since the colonial era.

An Observer investigation estimates that up to 50m hectares of land - an area more than double the size of the UK - has been acquired in the last few years or is in the process of being negotiated by governments and wealthy investors working with state subsidies. The data used was collected by Grain, the International Institute for Environment and Development, the International Land Coalition, ActionAid and other non-governmental groups.

The land rush, which is still accelerating, has been triggered by the worldwide food shortages which followed the sharp oil price rises in 2008, growing water shortages and the European Union’s insistence that 10% of all transport fuel must come from plant-based biofuels by 2015. Continue reading »

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Dec 16

The Arab states of the Gulf region have agreed to launch a single currency modelled on the euro, hoping to blaze a trail towards a pan-Arab monetary union swelling to the ancient borders of the Ummayad Caliphate.

kuwait-stock-exchange
Traders at the Kuwaiti Stock Exchange

“The Gulf monetary union pact has come into effect,” said Kuwait’s finance minister, Mustafa al-Shamali, speaking at a Gulf Co-operation Council (GCC) summit in Kuwait.

The move will give the hyper-rich club of oil exporters a petro-currency of their own, greatly increasing their influence in the global exchange and capital markets and potentially displacing the US dollar as the pricing currency for oil contracts. Between them they amount to regional superpower with a GDP of $1.2 trillion (£739bn), some 40pc of the world’s proven oil reserves, and financial clout equal to that of China.

Saudi Arabia, Kuwait, Bahrain, and Qatar are to launch the first phase next year, creating a Gulf Monetary Council that will evolve quickly into a full-fledged central bank.

The Emirates are staying out for now - irked that the bank will be located in Riyadh at the insistence of Saudi King Abdullah rather than in Abu Dhabi. They are expected join later, along with Oman.

The Gulf states remain divided over the wisdom of anchoring their economies to the US dollar. The Gulf currency - dubbed “Gulfo” - is likely to track a global exchange basket and may ultimately float as a regional reserve currency in its own right. “The US dollar has failed. We need to delink,” said Nahed Taher, chief executive of Bahrain’s Gulf One Investment Bank.

The project is inspired by Europe’s monetary union, seen as a huge success in the Arab world. But there are concerns that the region is trying to run before it can walk. Continue reading »

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Dec 07

Lord Davies of Abersoch, the Trade Minister, flew to Saudi Arabia last night to try to defuse a growing dispute that bankers say could do as much damage to the Gulf’s bruised financial reputation as the Dubai shock of ten days ago.

Bankers are furious that two defaulting Saudi conglomerates that owe $20 billion (£12.2 billion) appear to be favouring local banks over foreign creditors. State-owned Royal Bank of Scotland, HSBC and Standard Chartered are all understood to have exposure to Saad Group and Ahmad Hamad Algosaibi & Bros (Ahab). Dozens of other Western banks are also owed money, including Citigroup and BHP Paribas.

Bankers suspect that the two family-owned businesses, which defaulted over the summer, have privately reached agreement with local Saudi banks over restructuring their loans while leaving foreign banks in the cold. One senior banker told The Times yesterday: “Local banks appear to have been given preference.”

The dispute, unless resolved soon, is certain to trigger fresh concern about doing business in the Gulf in the wake of the Dubai calamity. Dubai World, a Government-owned conglomerate, stunned global financial markets last month by announcing a standstill on paying interest, sending bond markets into a tailspin.

Lord Davies is embarking on a trade mission with 40 senior British business figures, visiting Jedda and Riyadh. The trip was planned months ago, but the Saad row adds urgency.

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Oct 29

nymex

Saudi Arabia on Wednesday decided to drop the widely used West Texas Intermediate oil contract as the benchmark for pricing its oil, dealing a serious blow to the New York Mercantile Exchange.

The decision by the world’s biggest oil exporter could encourage other producers to abandon the benchmark and threatens the dominance of the world’s most heavily traded oil futures contract. It is the main contract traded on Nymex.

The move reveals the growing discontent of Riyadh and its US refinery customers with WTI after the price of the price of the benchmark became separated from the global oil market this year.

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