JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER.
1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)
CENTRAL BANKERS LENDER-BIS
https://www.bis.org/
FED CENTRAL BANKERS MEETING - JACKSON HOLE
https://www.kansascityfed.org/publications/research/escp/symposiums/escp-2015
https://www.kansascityfed.org/publications/research/escp
IMF
http://www.imf.org/external/index.htm
WORLD BANK
http://www.worldbank.org/
BANKING UNION BEFORE EURO ADOPTION
http://blog-imfdirect.imf.org/2015/08/19/banking-union-before-euro-adoption-flak-jacket-or-straitjacket/
REVIEW SDR -RESERVE IMF CURRENCY
http://www.imf.org/external/np/exr/facts/sdrcb.htm
http://www.imf.org/external/pubs/ft/survey/so/2015/POL080415A.htm
http://www.imf.org/external/np/exr/faq/sdrallocfaqs.htm
http://www.imf.org/external/pp/longres.aspx?id=4975
http://www.imf.org/external/np/sec/pr/2015/pr15384.htm
http://www.imf.org/external/pp/longres.aspx?id=4978
http://www.imf.org/external/np/tre/sdr/proposal/2009/0709.htm
CHIP UNDER THE SKIN
https://www.youtube.com/watch?v=LZ0YPDYx6lU
https://www.youtube.com/watch?v=kI-RAMBPz6w
https://www.youtube.com/watch?v=EcHQGno4EHQ
https://www.youtube.com/watch?v=HdxfG5MDk0I
https://www.youtube.com/watch?v=KatuQlioeRg
https://www.youtube.com/watch?v=9j9YHTwbPLo
https://www.youtube.com/watch?v=2DcAOkSUFlU
BIDEN AND CHIP IMPLANT-u will vote on it
https://www.youtube.com/watch?v=FQw68jl7KXc
https://www.youtube.com/watch?v=RvYnWBdmcQk
HUMAN CENTRIC SENSING
http://rsta.royalsocietypublishing.org/content/370/1958/176
INTERAC
https://www.interac.ca/en/security/what-is-chip
https://www.interac.ca/en/interac-debit/interac-debit-for-consumers
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
UPDATE-SEPTEMBER 03,2015-12:00AM
DOW MARKET THURSDAY-SEPT 03,2015
09:30AM-81.71
10:00AM-95.07
10:30AM-139.98
11:00AM-190.18
11:30AM-146.15
12:00PM-137.90
12:30PM-122.23
01:00PM-89.69
01:30PM-75.20
02:00PM-3.17-
02:30PM-32.40
03:00PM-52.37
03:30PM-6.75
04:00PM-23.38+ 16,374.76
HIGH +193 LOW -34
TSX +41.17 13,586.42 - GOLD -$9.30 $1,14.30 - OIL +$0.50 $46.75
Russia's Putin, Venezuela's Maduro meet but no deal on oil output-Reuters-sept 3,15-yahoonews-By Denis Dyomkin and Maria Tsvetkova
BEIJING/MOSCOW (Reuters) - Russia and Venezuela need to combine efforts to lift oil prices, President Vladimir Putin told his Venezuelan counterpart Nicolas Maduro on Thursday, but refused to spell out any specific action, including output cuts.The economies of the two major producers are highly dependent on proceeds from the sale of oil, the price of which has roughly halved since last year due to oversupply and a decision by the OPEC cartel not to cut production.Maduro met Putin in Beijing after attending a Chinese military parade to mark 70 years since the end of World War Two in Asia."Both parties noted during the meeting that such unstable oil prices are not in the interests of the two countries and, of course, the countries should integrate their efforts in terms of coordination to facilitate a boost in oil prices," Kremlin spokesman Dmitry Peskov told reporters."However, President Putin drew attention to the fact that there could be no direct actions, this is a market process. There are lots of factors which are having an impact and that should be taken into consideration very carefully."Maduro, who often puts a positive spin on the results of Venezuelan lobbying of OPEC, said he and Putin had agreed on "some initiatives" to stabilize the oil market."The initiatives will be known once they are in full swing," state news agency AVN quoted Maduro as saying to Russian television network RT, without providing further details.Venezuela is an OPEC member but Russia is not. Moscow has so far been unwilling to deliberately cut its crude oil output to support prices, and the meeting of Putin and Maduro was not expected to yield any concrete results, a senior Russian source told Reuters on Wednesday.The Organization of the Petroleum Exporting Countries' relatively wealthy members in the Gulf drove the group's strategy shift last year to allow prices to fall to defend market share.But a severe recession and shortages of consumer goods in cash-strapped Venezuela have whetted the government's appetite for higher oil prices. It has been pushing for a new deal between OPEC and non-member producers to stabilize prices.Russia has been ramping up output this year, extracting it at a post-Soviet record high of around 10.7 million barrels per day.Moscow wants to keep production high to defend its market share, and if it cut output it would, in the short term at least, lose revenue that it relies on heavily for its budget.(Writing by Polina Devitt and Vladimir Soldatkin, additional reporting by Alexandra Ulmer in Caracas; editing by Andrew Osborn, Susan Thomas and G Crosse)
China signs off on $3.27 billion pound loan to boost Venezuela oil output - Maduro-Reuters-September 2, 2015 4:50 AM-yahoonews
CARACAS (Reuters) - Venezuela and China have signed a deal for a $5 billion (3.27 billion pounds) loan designed to increase the OPEC country's oil production, Venezuelan President Nicolas Maduro said.M aduro, speaking from China in a programme broadcast on Venezuelan state television late on Tuesday, said the loan was destined "to increase oil production in a gradual way in coming months," without providing further details.A source at Venezuelan state-run oil company PDVSA told Reuters in March that China was set to extend a "special" $5 billion loan that would likely stipulate hiring Chinese companies to boost output in the company's mature oil fields.Venezuela has borrowed $50 billion from China through an oil-for-loans agreement created by late socialist leader Hugo Chavez in 2007, which has helped Chinese companies expand into Venezuelan markets amid chronic shortages of consumer goods there.That financing has been especially crucial for Caracas since last year's oil market rout, which aggravated the country's severe economic crisis.Eulogio del Pino, the oil minister and president of PDVSA [PDVSA.UL], and Finance Minister Rodolfo Marco Torres were among key Venezuelan figures present at the president's "In Contact with Maduro" show, which broadcast this week from Beijing.Speaking in front of a huge portrait of Chavez, Maduro also said that Venezuela currently sends about 700,000 barrels-per-day of oil to the Asian giant.Chinese Foreign Ministry spokeswoman Hua Chunying would not confirm whether China had indeed agreed to the loan."We believe China's cooperation, including financial cooperation, with countries including Venezuela, is done on the basis of realizing mutually beneficial goals and will contribute to economic and social development in the relevant countries and places," she told a daily news briefing.Chinese President Xi Jinping told Maduro that China was willing to look at new areas of financial cooperation, according to the Chinese government's account of the meeting.During the show aired in Venezuela, which usually lasts for hours and often includes live music and folk dance, Maduro lauded traditional Chinese medicine and art.He is visiting China to participate in events marking 70 years since the end of World War Two in Asia, culminating in a military parade in Beijing on Thursday.(Reporting by Alexandra Ulmer and Diego Ore; Additional reporting by Michael Martina in BEIJING; Editing by Leslie Adler)
Stocks gain as European central bank says it's ready to act-Inside the New York Stock Exchange By Associated Press-sept 3,15-yahoonews-Business Federal Reserve European Central Bank Mario Draghi S&P Dow Jones Indices ADP Inc.losangeles times
U.S. stocks were slightly higher Thursday, helped by comments from European Central Bank policymakers, who said they were willing to provide more stimulus to the region's economy, if needed.Investors now turn to Friday, when a key jobs report will be released that could decide whether or not the Federal Reserve raises interest rates this month.KEEPING SCORE: The Dow Jones industrial average was up 30 points, or 0.2 percent, to 16,381 as of 2:35 p.m. Eastern time. The Standard & Poor's 500 index rose four points, or 0.2 percent, to 1,953. The Nasdaq composite edged was down six points, or 0.1 percent, to 4,744.Stocks started the day solidly higher, but momentum waned as the day dragged on and the major indexes dipped briefly into negative territory by the mid-afternoon.READY TO ACT: The European Central Bank said it's ready to give the eurozone a bigger dose of stimulus should inflation across the 19-country bloc fail to pick up, President Mario Draghi said in a news conference. Along with keeping interest rates low, the ECB is pumping 60 billion euros a month into the region's economy through purchases of government and corporate bonds. The program is slated to run at least through September 2016.“Draghi said in 2012 he would do whatever it takes to grow the eurozone economy and he's holding to that promise,” said Quincy Krosby, a market strategist at Prudential Financial.European markets jumped on the news. Germany's DAX closed up 2.7 percent, France's CAC-40 rose 2.2 percent and U.K.’s FTSE 100 rose 1.8 percent.CENTRAL BANKS: At the same time the ECB is stimulating Europe's economy, the Federal Reserve could raise U.S. interest rates for the first time since the financial crisis. While chances of a September interest rate increase have diminished because of signs of weakening global growth and a sell-off in Chinese stocks, many believe the growing U.S. economy may be ready to withstand higher interest rates.ENERGY: Oil continued to rebound following a massive sell-off earlier in the week. Benchmark U.S. crude rose 50 cents to close at $46.75 a barrel on the New York Mercantile Exchange. Brent crude oil, which is used to price oil internationally, gained 25 cents to $50.75 a barrel in London.JOBS ON TAP: Friday's jobs report for August could play a big role in guiding the Fed's decision on interest rates this month. Economists are forecasting that U.S. employers created 220,000 jobs last month and that the unemployment rate fell to 5.2 percent.A private survey that came out Wednesday reflected some weakness in the job market. The payroll processor ADP said U.S. businesses added 190,000 jobs last month, up from 177,000 in July, but below a six-month high of 231,000 set in June and below the 200,000 jobs forecasters had expected.NO JOY: Shares of Joy Global, which makes heavy machinery used in mining, dropped $3.37, or 15 percent, to $18.77 after the company posted results that were far lower than analysts expected. The company also cut its full-year forecasts. Like other equipment makers in the energy and materials industries, Joy has been hurt by low prices for metals and other commodities, which have diminished demand for equipment to extract those resources.BONDS, CURRENCIES: U.S. government bond prices rose. The yield on the 10-year Treasury note fell to 2.16 percent from 2.19 percent late Wednesday. The euro fell to $1.1136 from $1.1238. The dollar fell to 119.81 yen from 120.24 yen.METALS: The price of gold fell $9.10 to settle at $1,124.50 an ounce, silver rose four cents to $14.70 an ounce and copper rose six cents to $2.39 a pound.
Thu, Sep 3, 2015, 3:34 PM EDT - U.S. Markets close in 26 mins.Inverse Euro ETFs to Hedge Against ECB’s Willingness to Expand QE-ETF Trends By ETFtrends.com-yahoonews
The euro dipped to a two-week low after the European Central Bank signaled an increase in monetary stimulus to prop up a flagging economy. Exchange traded fund currency traders can also hedge against further weakness through inverse strategies.Currency traders who are looking to profit off any potential weakness in the EUR ahead can utilize inverse euro-currency ETF options. For example, the ProShares Short Euro (EUFX) provides 100% of the inverse or opposite return on the U.S. dollar price of the euro. The ProShares UltraShort Euro (EUO) provides 200% of the inverse return of the U.S. dollar price of the euro. Lastly, the Market Vectors Double Short Euro ETN (DRR) also provides a -200% exposure to the euro.While the CurrencyShares Euro Currency Trust (FXE) dipped 0.9% Thursday, EUFX gained 0.9% on about 34 times its normal volume. Additionally, EUO rose 1.8% and DRR increased 2.2%.The euro depreciated 0.9% and now trades about 1.1125 to the U.S. Dollar. The EUR touched a low of $1.1107 earlier Thursday, its weakest level since August 20, reports Chiara Albanese for the Wall Street Journal.The Eurozone currency was weakening after the European Central Bank stated that it will adjust the parameters of its bond-buying program, raising the limit on quantitative easing to 33% from 25%, reports Eshe Nelson for Bloomberg.“Dovish Draghi taking markets by surprise,” Valentin Marinov, head of Group-of-10 currency research at Credit Agricole SA’s corporate and investment-banking unit, told Bloomberg. Policy makers are “highlighting that they can adjust the size of QE if needed and finally signal that September 2016 may not be the end of QE.”The weaker euro also helps support the local economy as the exporters are a major facet of the Eurozone economy. A weakening EUR makes it Eurozone goods cheaper in foreign markets and easier to sell.Additionally, the Federal Reserve has already stated it will implement an interest rate hike sometime this year, with some observers anticipating a rate change sometime in December if not later this month. A tighter Fed monetary policy would also help strengthen the U.S. dollar against foreign currencies or cause the EUR to depreciate against the USD.The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.
Draghi Unveils Revamped QE Program as ECB Downgrades Outlook-Jana Randow Craig Stirling-Updated on September 3, 2015 — 9:37 AM EDT-bloomberg
Mario Draghi unveiled a revamp of quantitative easing to allow for more purchases of each euro member’s debt as the weaker global outlook prompted a wholesale reduction of officials’ economic forecasts through 2017.The European Central Bank president said in Frankfurt on Thursday that the Governing Council has now set a potential purchase limit of 33 percent of any given bond, from 25 percent previously. The euro slid to a two-week low as Draghi said the emerging-market rout threatened global expansion and that consumer prices may barely grow this year.“The information available indicates a continued, though somewhat weaker, economic recovery and a slower increase in inflation rates compared with earlier expectations,” Draghi told reporters. “Taking into account the most recent developments in oil prices and recent exchange rates, there are downside risks” to the inflation forecast, he said.The move to reset the ECB’s stimulus program after a six-month review, which will be subject to conditions for each country, gives more flexibility for officials as they prepare to continue bond purchases at least until September 2016. Weaker commodity prices, slowing trade and volatility in global equities have fueled speculation that more stimulus is on the way.-Purchase Limit-The increase in the limit for purchases of each bond issue is subject to “a case-by-case verification” of the circumstances involved. It should not create a situation whereby the ECB would have blocking minority power, in which case the issue share limit would remain at 25 percent, Draghi said.Stimulus is programed to continue “until the end of September 2016, or beyond, if necessary,” Draghi said, in a tweak to language that hints more strongly than before on officials’ readiness to expand purchases.The euro dropped 0.9 percent to $1.1129 at 2:29 p.m. London time and touched $1.1107, its weakest level since Aug. 20.“Draghi is assuring very clearly that if the turmoil gets any worse, the ECB would do all it takes to keep the recovery on track,” said Holger Schmieding, chief economist at Berenberg Bank in London. “It would not take much further to elicit the ECB response.”The ECB cut its outlook for inflation and growth in each year through 2017. Officials see consumer prices barely growing this year with an increase averaging 0.1 percent. Inflation will then accelerate to 1.1 percent in 2016 and 1.7 percent the next year, Draghi said. The economy will grow 1.4 percent in 2015 and reach a pace of 1.8 percent two years later, he said.“The Governing Council will closely monitor the risks to the outlook for price developments over the medium term,” Draghi said. “We will focus in particular on the pass-through of our monetary policy measures, as well as on global economic, financial, commodity price and exchange rate developments.”
Xi Says China No Threat, Announces Military Cuts at Parade-Bloomberg News-Updated on September 3, 2015 — 6:04 AM EDT
As fighter jets streaked through the skies of Beijing and tanks rolled through Tiananmen Square to commemorate the end of World War II, Chinese President Xi Jinping told the world that the nation was committed to peace and announced the biggest cuts to the army in almost two decades.“Chinese love peace,” Xi said in a televised speech. “No matter how much stronger it may become, China will never seek hegemony or expansion. It will never inflict its past suffering on any other nation."Xi said that army personnel would be reduced by 300,000, the largest reduction to the 2.3 million-strong military since 1997. The announcement foreshadows the most sweeping overhaul of the military in at least three decades, moving it closer to a U.S.-style joint command structure, people familiar with the matter said.-Global Platform-The parade offered Xi a global platform to present his vision of a “Chinese Dream” of national rejuvenation and military strength. Still, his message of peace may not resonate in the capitals of his neighbors. The country has been flexing its military muscle from the East China Sea, where it disputes territory with Japan, to the South China Sea, where its island-building has given impetus to military budget increases among Southeast Asian nations.“The cuts announcement is to complement the show of force. It helps soften the perceived power display impact,” said Zhang Baohui, director of the Center for Asian Pacific Studies at Lingnan University in Hong Kong. “The cuts won’t hurt the PLA fighting capabilities. It’s part of the reform package to streamline the PLA to make it more combat effective.”The show of patriotism and military allowed Xi to offer a distraction from the flood of bad news weighing on the Chinese public from a slowing economy to a stock-market rout that’s erased $5 trillion of value and the warehouse explosions in nearby Tianjin last month that killed at least 158.“The parade is all about signaling -- both to international and domestic
audiences of China’s strength and invulnerability,” said James Hardy, Asia-Pacific editor of IHS Jane’s Defence Weekly.-Consolidating Power-The decision to hold a parade to mark the 70th anniversary of the “Victory of the Chinese People’s Resistance Against Japanese Aggression and the World Anti-Fascist War” was a sign of how Xi has become one of the country’s most powerful leaders since Mao Zedong. China traditionally puts on a military pageant every 10th anniversary of its founding in 1949. The war anniversary gave Xi the opportunity to have one four years early and less than three years into his term in office.“It reinforces Xi’s undisputed position as the paramount leader of the country,” said Oh Ei Sun, an analyst at the S. Rajaratnam School of International Studies in Singapore. “It represents the accumulation of everything he’s done over the past few years.”The pageant featured 12,000 soldiers, almost 200 of China’s latest aircraft and mobile ballistic missile launchers capable of delivering nuclear warheads to the continental U.S. A squadron of helicopters in the formation of the number 70 flew over the square, and the parade was preceded by the firing of a line of artillery, one round for each year since the end of the conflict.Xi began the day by greeting some of the foreign leaders and dignitaries that attended the event including Russian President Vladimir Putin and South Korean President Park Geun Hye. Putin, who hosted Xi at his own WWII victory parade in May, is the only state leader representing China’s wartime allies. U.S. President Barack Obama, British Prime Minister David Cameron and French President Francois Hollande stayed home over concerns over the militarism on display and the potential for the event to stoke anti-Japanese sentiment. No Japanese official attended.-Molding History-The event also displayed China’s penchant for reshaping history, portraying the Communist forces as victors over the Japanese Imperial Army. It was the Communists’ eventual civil war foe, the Nationalists led by the government of Chiang Kai Shek that did the bulk of the fighting and suffered the most casualties at the hands of the Japanese. About four years after the Japanese defeat, the Nationalists were forced to flee the mainland to Taiwan after losing a civil war to the Communists that left Mao Zedong in control of the country. Xi didn’t mention the role of the nationalists in his speech, though a handful of their fighters were among the veterans invited to attend the event.-Monkeys, Falcons-For some outside of China, the images of tanks rolling through Tiananmen Square revived quarter-century old memories of PLA troops being used to crush pro-democracy demonstrators in an operation that may have killed hundreds. There was no mention of the suppression of the Tiananmen demonstrations, an event that doesn’t feature in Chinese history texts.Authorities left nothing to chance ahead of the parade, ordering cars off the road and halting factories to limit pollution, and even deploying monkeys, falcons and dogs to scare birds from the flight path of the planes that flew over the capital. To make sure the message got across, the government curtailed TV programming that didn’t conform to theme of the parade or China’s victory in World War II. State media highlighted the event as a historic occasion.The skies were bright blue for the parade with a scorching late summer sun beating down on the dignitaries in attendance. They sat perched on a platform above Tiananmen Square and the giant portrait of Mao Zedong that hangs outside the Forbidden City, the compound of palaces that housed emperors and represented the height of Chinese imperial power for almost 500 years.
Saudi Arabia's war in Yemen could change OPEC's entire strategy-Elena Holodny-Jun. 1, 2015, 2:16 PM-BUSINESS INSIDER
OPEC's hands-off policy in the oil market is expected to continue after the cartel meets in Vienna on June 5.This policy includes an aggressive pace of oil production despite extremely volatile oil prices.However, if prices once again move significantly lower and look like they'll stay there all the way into 2016, it's "certainly possible" that Saudi Arabia, the most influential member of OPEC, "could still call for a course correction," according to RBC's Helima Croft.-Why?-Well, Saudi spending has gone through the roof as the Kingdom attempts to diminish the influence of its regional rivals and keep its citizens "content" — and that's putting a strain on its finances, according to Croft.From RBC's note:"The military campaign in Yemen, more assertive efforts to roll back Iranian regional influence, and more muscular counter-terrorism efforts will put further pressure on Saudi government finances as they ratchet up security spending.While Saudi crude production has recently climbed to new highs near 10.3 mb/d, it is unclear how much financial relief this will provide as domestic demand for energy continues to climb and the move to diversify power generation is still a work in progress."Additionally, Saudi Arabia's government announced a two-month salary payment for all citizens, and last month they announced an additional one-month bonus for all military personnel.In order to pay for all this, the government has had to "dip further" into its forex reserves. According to RBC, they've withdrawn $36B over February and March alone."It is worth noting that the December budget statement projected that the total deficit for 2015 would be $38B, a number looking extremely unrealistic," according to RBC.Saudi Defence Minister, Prince Mohammad bin SalmanScreen grabSaudi Defence Minister, Prince Mohammad bin Salman.Another interesting layer to the Saudi oil story is that the Kingdom has gone through a big leadership change up: the Crown Prince and the Foreign Minister were recently replaced, and the king's son, Mohammad Bin Salman, has seen a "striking rise," according to RBC.“Given these sweeping personnel changes in the past 100 days and recent body foreign policy moves, we do not believe that policy continuity is necessarily a sacrosanct principle King Salman beyond the immediate term,” according to RBC's Croft.In other words, Saudi Arabia's oil game-plan should stay on course for now. But it's possible that things can change up following their increased security spending and the new king's willingness to change things up.
OTHER STORIES
http://israndjer.blogspot.ca/2015/08/is-america-counting-on-tower-of-babel.html
http://israndjer.blogspot.ca/2015/08/will-there-be-microchip-implant-that.html
IRAN-SAUDI-ARABIA PROPHECY AND WW3
http://israndjer.blogspot.ca/2015/09/jewish-rabbi-predicts-saudi-arabiairan.html
CHINA DEVALUES CURRENCY FOR AMERICAN INTEREST RATE RISE SPECULATION
http://israndjer.blogspot.ca/2015/09/china-should-clearly-explain-their.html
http://israndjer.blogspot.ca/2015/08/whats-real-reason-for-latest-market.html
http://israndjer.blogspot.ca/2015/08/last-day-of-aug-trading-what-will-sept.html
http://israndjer.blogspot.ca/2015/08/after-619-point-rise-yesterday-see-what.html
http://israndjer.blogspot.ca/2015/08/yesterday-dow-was-up-440-points-and.html
http://israndjer.blogspot.ca/2015/08/i-believe-this-china-devaluing-of-its.html
CENTRAL BANKERS LENDER-BIS
https://www.bis.org/
FED CENTRAL BANKERS MEETING - JACKSON HOLE
https://www.kansascityfed.org/publications/research/escp/symposiums/escp-2015
https://www.kansascityfed.org/publications/research/escp
IMF
http://www.imf.org/external/index.htm
WORLD BANK
http://www.worldbank.org/
BANKING UNION BEFORE EURO ADOPTION
http://blog-imfdirect.imf.org/2015/08/19/banking-union-before-euro-adoption-flak-jacket-or-straitjacket/
REVIEW SDR -RESERVE IMF CURRENCY
http://www.imf.org/external/np/exr/facts/sdrcb.htm
http://www.imf.org/external/pubs/ft/survey/so/2015/POL080415A.htm
http://www.imf.org/external/np/exr/faq/sdrallocfaqs.htm
http://www.imf.org/external/pp/longres.aspx?id=4975
http://www.imf.org/external/np/sec/pr/2015/pr15384.htm
http://www.imf.org/external/pp/longres.aspx?id=4978
http://www.imf.org/external/np/tre/sdr/proposal/2009/0709.htm
CHIP UNDER THE SKIN
https://www.youtube.com/watch?v=LZ0YPDYx6lU
https://www.youtube.com/watch?v=kI-RAMBPz6w
https://www.youtube.com/watch?v=EcHQGno4EHQ
https://www.youtube.com/watch?v=HdxfG5MDk0I
https://www.youtube.com/watch?v=KatuQlioeRg
https://www.youtube.com/watch?v=9j9YHTwbPLo
https://www.youtube.com/watch?v=2DcAOkSUFlU
BIDEN AND CHIP IMPLANT-u will vote on it
https://www.youtube.com/watch?v=FQw68jl7KXc
https://www.youtube.com/watch?v=RvYnWBdmcQk
HUMAN CENTRIC SENSING
http://rsta.royalsocietypublishing.org/content/370/1958/176
INTERAC
https://www.interac.ca/en/security/what-is-chip
https://www.interac.ca/en/interac-debit/interac-debit-for-consumers
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
UPDATE-SEPTEMBER 03,2015-12:00AM
DOW MARKET THURSDAY-SEPT 03,2015
09:30AM-81.71
10:00AM-95.07
10:30AM-139.98
11:00AM-190.18
11:30AM-146.15
12:00PM-137.90
12:30PM-122.23
01:00PM-89.69
01:30PM-75.20
02:00PM-3.17-
02:30PM-32.40
03:00PM-52.37
03:30PM-6.75
04:00PM-23.38+ 16,374.76
HIGH +193 LOW -34
TSX +41.17 13,586.42 - GOLD -$9.30 $1,14.30 - OIL +$0.50 $46.75
Russia's Putin, Venezuela's Maduro meet but no deal on oil output-Reuters-sept 3,15-yahoonews-By Denis Dyomkin and Maria Tsvetkova
BEIJING/MOSCOW (Reuters) - Russia and Venezuela need to combine efforts to lift oil prices, President Vladimir Putin told his Venezuelan counterpart Nicolas Maduro on Thursday, but refused to spell out any specific action, including output cuts.The economies of the two major producers are highly dependent on proceeds from the sale of oil, the price of which has roughly halved since last year due to oversupply and a decision by the OPEC cartel not to cut production.Maduro met Putin in Beijing after attending a Chinese military parade to mark 70 years since the end of World War Two in Asia."Both parties noted during the meeting that such unstable oil prices are not in the interests of the two countries and, of course, the countries should integrate their efforts in terms of coordination to facilitate a boost in oil prices," Kremlin spokesman Dmitry Peskov told reporters."However, President Putin drew attention to the fact that there could be no direct actions, this is a market process. There are lots of factors which are having an impact and that should be taken into consideration very carefully."Maduro, who often puts a positive spin on the results of Venezuelan lobbying of OPEC, said he and Putin had agreed on "some initiatives" to stabilize the oil market."The initiatives will be known once they are in full swing," state news agency AVN quoted Maduro as saying to Russian television network RT, without providing further details.Venezuela is an OPEC member but Russia is not. Moscow has so far been unwilling to deliberately cut its crude oil output to support prices, and the meeting of Putin and Maduro was not expected to yield any concrete results, a senior Russian source told Reuters on Wednesday.The Organization of the Petroleum Exporting Countries' relatively wealthy members in the Gulf drove the group's strategy shift last year to allow prices to fall to defend market share.But a severe recession and shortages of consumer goods in cash-strapped Venezuela have whetted the government's appetite for higher oil prices. It has been pushing for a new deal between OPEC and non-member producers to stabilize prices.Russia has been ramping up output this year, extracting it at a post-Soviet record high of around 10.7 million barrels per day.Moscow wants to keep production high to defend its market share, and if it cut output it would, in the short term at least, lose revenue that it relies on heavily for its budget.(Writing by Polina Devitt and Vladimir Soldatkin, additional reporting by Alexandra Ulmer in Caracas; editing by Andrew Osborn, Susan Thomas and G Crosse)
China signs off on $3.27 billion pound loan to boost Venezuela oil output - Maduro-Reuters-September 2, 2015 4:50 AM-yahoonews
CARACAS (Reuters) - Venezuela and China have signed a deal for a $5 billion (3.27 billion pounds) loan designed to increase the OPEC country's oil production, Venezuelan President Nicolas Maduro said.M aduro, speaking from China in a programme broadcast on Venezuelan state television late on Tuesday, said the loan was destined "to increase oil production in a gradual way in coming months," without providing further details.A source at Venezuelan state-run oil company PDVSA told Reuters in March that China was set to extend a "special" $5 billion loan that would likely stipulate hiring Chinese companies to boost output in the company's mature oil fields.Venezuela has borrowed $50 billion from China through an oil-for-loans agreement created by late socialist leader Hugo Chavez in 2007, which has helped Chinese companies expand into Venezuelan markets amid chronic shortages of consumer goods there.That financing has been especially crucial for Caracas since last year's oil market rout, which aggravated the country's severe economic crisis.Eulogio del Pino, the oil minister and president of PDVSA [PDVSA.UL], and Finance Minister Rodolfo Marco Torres were among key Venezuelan figures present at the president's "In Contact with Maduro" show, which broadcast this week from Beijing.Speaking in front of a huge portrait of Chavez, Maduro also said that Venezuela currently sends about 700,000 barrels-per-day of oil to the Asian giant.Chinese Foreign Ministry spokeswoman Hua Chunying would not confirm whether China had indeed agreed to the loan."We believe China's cooperation, including financial cooperation, with countries including Venezuela, is done on the basis of realizing mutually beneficial goals and will contribute to economic and social development in the relevant countries and places," she told a daily news briefing.Chinese President Xi Jinping told Maduro that China was willing to look at new areas of financial cooperation, according to the Chinese government's account of the meeting.During the show aired in Venezuela, which usually lasts for hours and often includes live music and folk dance, Maduro lauded traditional Chinese medicine and art.He is visiting China to participate in events marking 70 years since the end of World War Two in Asia, culminating in a military parade in Beijing on Thursday.(Reporting by Alexandra Ulmer and Diego Ore; Additional reporting by Michael Martina in BEIJING; Editing by Leslie Adler)
Stocks gain as European central bank says it's ready to act-Inside the New York Stock Exchange By Associated Press-sept 3,15-yahoonews-Business Federal Reserve European Central Bank Mario Draghi S&P Dow Jones Indices ADP Inc.losangeles times
U.S. stocks were slightly higher Thursday, helped by comments from European Central Bank policymakers, who said they were willing to provide more stimulus to the region's economy, if needed.Investors now turn to Friday, when a key jobs report will be released that could decide whether or not the Federal Reserve raises interest rates this month.KEEPING SCORE: The Dow Jones industrial average was up 30 points, or 0.2 percent, to 16,381 as of 2:35 p.m. Eastern time. The Standard & Poor's 500 index rose four points, or 0.2 percent, to 1,953. The Nasdaq composite edged was down six points, or 0.1 percent, to 4,744.Stocks started the day solidly higher, but momentum waned as the day dragged on and the major indexes dipped briefly into negative territory by the mid-afternoon.READY TO ACT: The European Central Bank said it's ready to give the eurozone a bigger dose of stimulus should inflation across the 19-country bloc fail to pick up, President Mario Draghi said in a news conference. Along with keeping interest rates low, the ECB is pumping 60 billion euros a month into the region's economy through purchases of government and corporate bonds. The program is slated to run at least through September 2016.“Draghi said in 2012 he would do whatever it takes to grow the eurozone economy and he's holding to that promise,” said Quincy Krosby, a market strategist at Prudential Financial.European markets jumped on the news. Germany's DAX closed up 2.7 percent, France's CAC-40 rose 2.2 percent and U.K.’s FTSE 100 rose 1.8 percent.CENTRAL BANKS: At the same time the ECB is stimulating Europe's economy, the Federal Reserve could raise U.S. interest rates for the first time since the financial crisis. While chances of a September interest rate increase have diminished because of signs of weakening global growth and a sell-off in Chinese stocks, many believe the growing U.S. economy may be ready to withstand higher interest rates.ENERGY: Oil continued to rebound following a massive sell-off earlier in the week. Benchmark U.S. crude rose 50 cents to close at $46.75 a barrel on the New York Mercantile Exchange. Brent crude oil, which is used to price oil internationally, gained 25 cents to $50.75 a barrel in London.JOBS ON TAP: Friday's jobs report for August could play a big role in guiding the Fed's decision on interest rates this month. Economists are forecasting that U.S. employers created 220,000 jobs last month and that the unemployment rate fell to 5.2 percent.A private survey that came out Wednesday reflected some weakness in the job market. The payroll processor ADP said U.S. businesses added 190,000 jobs last month, up from 177,000 in July, but below a six-month high of 231,000 set in June and below the 200,000 jobs forecasters had expected.NO JOY: Shares of Joy Global, which makes heavy machinery used in mining, dropped $3.37, or 15 percent, to $18.77 after the company posted results that were far lower than analysts expected. The company also cut its full-year forecasts. Like other equipment makers in the energy and materials industries, Joy has been hurt by low prices for metals and other commodities, which have diminished demand for equipment to extract those resources.BONDS, CURRENCIES: U.S. government bond prices rose. The yield on the 10-year Treasury note fell to 2.16 percent from 2.19 percent late Wednesday. The euro fell to $1.1136 from $1.1238. The dollar fell to 119.81 yen from 120.24 yen.METALS: The price of gold fell $9.10 to settle at $1,124.50 an ounce, silver rose four cents to $14.70 an ounce and copper rose six cents to $2.39 a pound.
Thu, Sep 3, 2015, 3:34 PM EDT - U.S. Markets close in 26 mins.Inverse Euro ETFs to Hedge Against ECB’s Willingness to Expand QE-ETF Trends By ETFtrends.com-yahoonews
The euro dipped to a two-week low after the European Central Bank signaled an increase in monetary stimulus to prop up a flagging economy. Exchange traded fund currency traders can also hedge against further weakness through inverse strategies.Currency traders who are looking to profit off any potential weakness in the EUR ahead can utilize inverse euro-currency ETF options. For example, the ProShares Short Euro (EUFX) provides 100% of the inverse or opposite return on the U.S. dollar price of the euro. The ProShares UltraShort Euro (EUO) provides 200% of the inverse return of the U.S. dollar price of the euro. Lastly, the Market Vectors Double Short Euro ETN (DRR) also provides a -200% exposure to the euro.While the CurrencyShares Euro Currency Trust (FXE) dipped 0.9% Thursday, EUFX gained 0.9% on about 34 times its normal volume. Additionally, EUO rose 1.8% and DRR increased 2.2%.The euro depreciated 0.9% and now trades about 1.1125 to the U.S. Dollar. The EUR touched a low of $1.1107 earlier Thursday, its weakest level since August 20, reports Chiara Albanese for the Wall Street Journal.The Eurozone currency was weakening after the European Central Bank stated that it will adjust the parameters of its bond-buying program, raising the limit on quantitative easing to 33% from 25%, reports Eshe Nelson for Bloomberg.“Dovish Draghi taking markets by surprise,” Valentin Marinov, head of Group-of-10 currency research at Credit Agricole SA’s corporate and investment-banking unit, told Bloomberg. Policy makers are “highlighting that they can adjust the size of QE if needed and finally signal that September 2016 may not be the end of QE.”The weaker euro also helps support the local economy as the exporters are a major facet of the Eurozone economy. A weakening EUR makes it Eurozone goods cheaper in foreign markets and easier to sell.Additionally, the Federal Reserve has already stated it will implement an interest rate hike sometime this year, with some observers anticipating a rate change sometime in December if not later this month. A tighter Fed monetary policy would also help strengthen the U.S. dollar against foreign currencies or cause the EUR to depreciate against the USD.The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.
Draghi Unveils Revamped QE Program as ECB Downgrades Outlook-Jana Randow Craig Stirling-Updated on September 3, 2015 — 9:37 AM EDT-bloomberg
Mario Draghi unveiled a revamp of quantitative easing to allow for more purchases of each euro member’s debt as the weaker global outlook prompted a wholesale reduction of officials’ economic forecasts through 2017.The European Central Bank president said in Frankfurt on Thursday that the Governing Council has now set a potential purchase limit of 33 percent of any given bond, from 25 percent previously. The euro slid to a two-week low as Draghi said the emerging-market rout threatened global expansion and that consumer prices may barely grow this year.“The information available indicates a continued, though somewhat weaker, economic recovery and a slower increase in inflation rates compared with earlier expectations,” Draghi told reporters. “Taking into account the most recent developments in oil prices and recent exchange rates, there are downside risks” to the inflation forecast, he said.The move to reset the ECB’s stimulus program after a six-month review, which will be subject to conditions for each country, gives more flexibility for officials as they prepare to continue bond purchases at least until September 2016. Weaker commodity prices, slowing trade and volatility in global equities have fueled speculation that more stimulus is on the way.-Purchase Limit-The increase in the limit for purchases of each bond issue is subject to “a case-by-case verification” of the circumstances involved. It should not create a situation whereby the ECB would have blocking minority power, in which case the issue share limit would remain at 25 percent, Draghi said.Stimulus is programed to continue “until the end of September 2016, or beyond, if necessary,” Draghi said, in a tweak to language that hints more strongly than before on officials’ readiness to expand purchases.The euro dropped 0.9 percent to $1.1129 at 2:29 p.m. London time and touched $1.1107, its weakest level since Aug. 20.“Draghi is assuring very clearly that if the turmoil gets any worse, the ECB would do all it takes to keep the recovery on track,” said Holger Schmieding, chief economist at Berenberg Bank in London. “It would not take much further to elicit the ECB response.”The ECB cut its outlook for inflation and growth in each year through 2017. Officials see consumer prices barely growing this year with an increase averaging 0.1 percent. Inflation will then accelerate to 1.1 percent in 2016 and 1.7 percent the next year, Draghi said. The economy will grow 1.4 percent in 2015 and reach a pace of 1.8 percent two years later, he said.“The Governing Council will closely monitor the risks to the outlook for price developments over the medium term,” Draghi said. “We will focus in particular on the pass-through of our monetary policy measures, as well as on global economic, financial, commodity price and exchange rate developments.”
Xi Says China No Threat, Announces Military Cuts at Parade-Bloomberg News-Updated on September 3, 2015 — 6:04 AM EDT
As fighter jets streaked through the skies of Beijing and tanks rolled through Tiananmen Square to commemorate the end of World War II, Chinese President Xi Jinping told the world that the nation was committed to peace and announced the biggest cuts to the army in almost two decades.“Chinese love peace,” Xi said in a televised speech. “No matter how much stronger it may become, China will never seek hegemony or expansion. It will never inflict its past suffering on any other nation."Xi said that army personnel would be reduced by 300,000, the largest reduction to the 2.3 million-strong military since 1997. The announcement foreshadows the most sweeping overhaul of the military in at least three decades, moving it closer to a U.S.-style joint command structure, people familiar with the matter said.-Global Platform-The parade offered Xi a global platform to present his vision of a “Chinese Dream” of national rejuvenation and military strength. Still, his message of peace may not resonate in the capitals of his neighbors. The country has been flexing its military muscle from the East China Sea, where it disputes territory with Japan, to the South China Sea, where its island-building has given impetus to military budget increases among Southeast Asian nations.“The cuts announcement is to complement the show of force. It helps soften the perceived power display impact,” said Zhang Baohui, director of the Center for Asian Pacific Studies at Lingnan University in Hong Kong. “The cuts won’t hurt the PLA fighting capabilities. It’s part of the reform package to streamline the PLA to make it more combat effective.”The show of patriotism and military allowed Xi to offer a distraction from the flood of bad news weighing on the Chinese public from a slowing economy to a stock-market rout that’s erased $5 trillion of value and the warehouse explosions in nearby Tianjin last month that killed at least 158.“The parade is all about signaling -- both to international and domestic
audiences of China’s strength and invulnerability,” said James Hardy, Asia-Pacific editor of IHS Jane’s Defence Weekly.-Consolidating Power-The decision to hold a parade to mark the 70th anniversary of the “Victory of the Chinese People’s Resistance Against Japanese Aggression and the World Anti-Fascist War” was a sign of how Xi has become one of the country’s most powerful leaders since Mao Zedong. China traditionally puts on a military pageant every 10th anniversary of its founding in 1949. The war anniversary gave Xi the opportunity to have one four years early and less than three years into his term in office.“It reinforces Xi’s undisputed position as the paramount leader of the country,” said Oh Ei Sun, an analyst at the S. Rajaratnam School of International Studies in Singapore. “It represents the accumulation of everything he’s done over the past few years.”The pageant featured 12,000 soldiers, almost 200 of China’s latest aircraft and mobile ballistic missile launchers capable of delivering nuclear warheads to the continental U.S. A squadron of helicopters in the formation of the number 70 flew over the square, and the parade was preceded by the firing of a line of artillery, one round for each year since the end of the conflict.Xi began the day by greeting some of the foreign leaders and dignitaries that attended the event including Russian President Vladimir Putin and South Korean President Park Geun Hye. Putin, who hosted Xi at his own WWII victory parade in May, is the only state leader representing China’s wartime allies. U.S. President Barack Obama, British Prime Minister David Cameron and French President Francois Hollande stayed home over concerns over the militarism on display and the potential for the event to stoke anti-Japanese sentiment. No Japanese official attended.-Molding History-The event also displayed China’s penchant for reshaping history, portraying the Communist forces as victors over the Japanese Imperial Army. It was the Communists’ eventual civil war foe, the Nationalists led by the government of Chiang Kai Shek that did the bulk of the fighting and suffered the most casualties at the hands of the Japanese. About four years after the Japanese defeat, the Nationalists were forced to flee the mainland to Taiwan after losing a civil war to the Communists that left Mao Zedong in control of the country. Xi didn’t mention the role of the nationalists in his speech, though a handful of their fighters were among the veterans invited to attend the event.-Monkeys, Falcons-For some outside of China, the images of tanks rolling through Tiananmen Square revived quarter-century old memories of PLA troops being used to crush pro-democracy demonstrators in an operation that may have killed hundreds. There was no mention of the suppression of the Tiananmen demonstrations, an event that doesn’t feature in Chinese history texts.Authorities left nothing to chance ahead of the parade, ordering cars off the road and halting factories to limit pollution, and even deploying monkeys, falcons and dogs to scare birds from the flight path of the planes that flew over the capital. To make sure the message got across, the government curtailed TV programming that didn’t conform to theme of the parade or China’s victory in World War II. State media highlighted the event as a historic occasion.The skies were bright blue for the parade with a scorching late summer sun beating down on the dignitaries in attendance. They sat perched on a platform above Tiananmen Square and the giant portrait of Mao Zedong that hangs outside the Forbidden City, the compound of palaces that housed emperors and represented the height of Chinese imperial power for almost 500 years.
Saudi Arabia's war in Yemen could change OPEC's entire strategy-Elena Holodny-Jun. 1, 2015, 2:16 PM-BUSINESS INSIDER
OPEC's hands-off policy in the oil market is expected to continue after the cartel meets in Vienna on June 5.This policy includes an aggressive pace of oil production despite extremely volatile oil prices.However, if prices once again move significantly lower and look like they'll stay there all the way into 2016, it's "certainly possible" that Saudi Arabia, the most influential member of OPEC, "could still call for a course correction," according to RBC's Helima Croft.-Why?-Well, Saudi spending has gone through the roof as the Kingdom attempts to diminish the influence of its regional rivals and keep its citizens "content" — and that's putting a strain on its finances, according to Croft.From RBC's note:"The military campaign in Yemen, more assertive efforts to roll back Iranian regional influence, and more muscular counter-terrorism efforts will put further pressure on Saudi government finances as they ratchet up security spending.While Saudi crude production has recently climbed to new highs near 10.3 mb/d, it is unclear how much financial relief this will provide as domestic demand for energy continues to climb and the move to diversify power generation is still a work in progress."Additionally, Saudi Arabia's government announced a two-month salary payment for all citizens, and last month they announced an additional one-month bonus for all military personnel.In order to pay for all this, the government has had to "dip further" into its forex reserves. According to RBC, they've withdrawn $36B over February and March alone."It is worth noting that the December budget statement projected that the total deficit for 2015 would be $38B, a number looking extremely unrealistic," according to RBC.Saudi Defence Minister, Prince Mohammad bin SalmanScreen grabSaudi Defence Minister, Prince Mohammad bin Salman.Another interesting layer to the Saudi oil story is that the Kingdom has gone through a big leadership change up: the Crown Prince and the Foreign Minister were recently replaced, and the king's son, Mohammad Bin Salman, has seen a "striking rise," according to RBC.“Given these sweeping personnel changes in the past 100 days and recent body foreign policy moves, we do not believe that policy continuity is necessarily a sacrosanct principle King Salman beyond the immediate term,” according to RBC's Croft.In other words, Saudi Arabia's oil game-plan should stay on course for now. But it's possible that things can change up following their increased security spending and the new king's willingness to change things up.
OTHER STORIES
http://israndjer.blogspot.ca/2015/08/is-america-counting-on-tower-of-babel.html
http://israndjer.blogspot.ca/2015/08/will-there-be-microchip-implant-that.html
IRAN-SAUDI-ARABIA PROPHECY AND WW3
http://israndjer.blogspot.ca/2015/09/jewish-rabbi-predicts-saudi-arabiairan.html
CHINA DEVALUES CURRENCY FOR AMERICAN INTEREST RATE RISE SPECULATION
http://israndjer.blogspot.ca/2015/09/china-should-clearly-explain-their.html
http://israndjer.blogspot.ca/2015/08/whats-real-reason-for-latest-market.html
http://israndjer.blogspot.ca/2015/08/last-day-of-aug-trading-what-will-sept.html
http://israndjer.blogspot.ca/2015/08/after-619-point-rise-yesterday-see-what.html
http://israndjer.blogspot.ca/2015/08/yesterday-dow-was-up-440-points-and.html
http://israndjer.blogspot.ca/2015/08/i-believe-this-china-devaluing-of-its.html
