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POPSObama, Maurice Strong, Al Gore Key Players Cashing In On Chicago Climate Exchange
The nondescript Strong, nonetheless is the big cheese in the underworld of climate change and is one of the main architects of the failing Kyoto Protocol. Full credit for the expose on the business partnership of Strong and Gore in the cap-and-trade reduction scheme should go to the investigative acumen of the Executive Intelligence Review (EIR). The tawdry tale of the top two global warming gurus in the business world goes all the way back to Earth Day, April 17, 1995 when the future author of “An Inconvenient Truth” travelled to Fall River, Massachusetts, to deliver a green sermon at the headquarters of Molten Metal Technology Inc. (MMTI). MMTI was a firm that proclaimed to have invented a process for recycling metals from waste. Gore praised the Molten Metal firm as a pioneer in the kind of innovative technology that can save the environment, and make money for investors at the same time. “Gore left a few facts out of his speech that day,” wrote EIR.
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POPSPhilippines-China Diplomatic Relations In the field of bilateral trade and economic cooperation, trade between the Philippines and China has surpassed the US $2 billion mark in 1998. China is the Philippines' 11th largest trading partner. On 13 September 1999, the Agreement on Agricultural Cooperation was signed, another milestone in the effort to further enhance Philippines-China relations.
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POPSThe Dollar in Jeapordy - Wow! Economic warfare and "blowback" to US foreign policy. This goes to show just how much foreign policy, both wars and economic sanctions against others, can effect the domestic U.S. economy. Will Americans press the government to roll back its foreign aggression in pretense of a "war on terrorism", threats against Iran...etc?
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POPSCap and Trade must die must die in the Senate; thanks to House Republicans
We may now safely conclude that whomever leads in green technology will certainly trail the world in economic development. Especially when leading the way means we discard energy sources that are reliable and affordable. By doing so, we ensure less money in the pockets of individuals. Cap and trade will be an embedded tax in everything from the car we drive, to the A/C that keeps us cool, to the gas we use to operate vehicles, to the food we eat, to the very air we breathe. All industries that make things or produce things (including food) emit carbon. Therefore, everything is subject to this program, and the “little guy” pays for it all in the end. What do these politicians in the House of Representatives hope to achieve through this bill? Reduce emissions and save the planet we assume. Why then, are we emulating the European Union’s famed ETS (Emissions Trading Scheme), which actually saw emissions RISE by 1.9% from 2005 to 2008? Could it be that our politicians are not REALLY
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POPSIMPORT EXPORT CHINA WE DEAL IN EXPORT IMPORT FROM CHINA, BATHROOM FITTINGS, HOTEL FURNITURES, HOTEL AMMENITIES,FURNITURES, CHINA LIGHTS, ROAD LIGHTS, CHANDLIERS, HOME APPLIANCES, SWARMA KABAB MAKER, CONSTRUCTION MATERI..
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POPSCapping Our Economy & Trading Our Jobs To China&Co. 219-212 HOUSE PASSES 'GLOBAL WARMING' LEGISLATION... 'BILL OF THE CENTURY' VOTED ON UNREAD... Boehner Tried 'Filibuster'... 300 PAGE DUMP AT 3AM-- REPUBLICANS CRY FOUL... One of the biggest compromises involved the near total elimination of an administration plan to sell pollution permits and raise more than $600 billion over a decade " money to finance continuation of a middle class tax cut. About 85 percent of the permits are to be given away rather than sold in a ceoncession to energy companies and their allies in the House " and even that is uncertain to survive in the Senate. The final bill also contained concessions to satisfy farm-state lawmakers, ethanol producers, hydroelectric advocates, the nuclear industry and others, some of them so late that they were not made public until 3 a.m. on Friday. Supporters and opponents agreed the result would be higher energy costs but disagreed vigorously on the impact on consumers.
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POPSTop China Banker Calls for Wider Use of Yuan It was the first time the head of a major Chinese bank has called for the wider use of the yuan, although a chorus of senior government officials have already voiced their concerns about the stability of the dollar and have said the yuan should be used more widely. "I think the US government and the World Bank can consider the issuing of renminbi bonds," he said, asking for a "mutual cooperation" between the US and China to promote Chinese financial services. He said bond issuance could be relatively small, at between 1bn and 3bn yuan (£100m to £300m). HSBC and Standard Chartered have both said they are preparing to issue bonds denominated in yuan. Mr Guo is a former head of China's foreign-exchange administration, which manages the country's $1.9 trillion foreign exchange reserves.
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POPSChinastill buying China's official foreign exchange manager is still buying record amounts of U.S. government bonds...
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POPSCurrency Market Updates The feel good factor returned to global trading with news from the UK government selling debt, better trading in US and AUD trading up.
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POPSOil price: A turning tide? Oil price A turning tide? May 13th 2009 From Economist.com The oil price rises amid hints of economic recovery THE price of oil reached over $60 a barrel during intraday trading on Wednesday May 13th, its highest point since November. Glimmers of economic recovery, such as an increase in imports from China, together with a weak dollar and tight supply forecasts have pushed up the prices of many commodities. Coffee, sugar and wheat have all hit modest peaks this week. Exporters of commodities would welcome an upturn in prices for food and other raw materials and those worried by deflation might also cheer rising prices. But consumers already battered by the economic slump, especially in poor countries, will not be pleased by rising costs.
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POPSOn Global Warming: Follow The Money Indeed!
(UNEP), a division of the U.N. that has grown into a bureaucratic monstrosity with an annual budget of $136 million. Mr. Strong left his post at UNEP in the 1970s but kept his ecological credentials and helped organize a 1992 environmental summit in Rio de Janeiro, which become the forerunner of the Kyoto Accords. While Strong has spent a lifetime parlaying his UN contacts into business associations, nowhere has he done so more successfully than with his ecological “credentials.” Recently Strong has been spending most of his time in China, where he’s been linked, among other things, to planned attempts to market Chinese-made automobiles in North America. But his presence there raises some awkward questions for Russell and Rosett: “For one thing, China, while one of the world’s biggest producers of industrial pollution, has been profiting from the trading of carbon emissions credits – thanks to heavily politicized U.N.-backed environmental deals engineered by Strong in the 1990s.”