Asean Summit, Malaysia on Nov 21, 1015

Asean Summit, Malaysia  on Nov 21, 1015
Asean Establishes Landmark Economic and Security Bloc
"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - Text version)

“….. Here is the prediction: China will turn North Korea loose soon. The alliance will dissolve, or become stale. There will be political upheaval in China. Not a coup and not a revolution. Within the inner circles of that which you call Chinese politics, there will be a re-evaluation of goals and monetary policy. Eventually, you will see a break with North Korea, allowing still another dictator to fall and unification to occur with the south. ….”

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)









North Korean defector criticises China in rare Beijing talk

North Korean defector criticises China in rare Beijing talk
North Korean defector and activist Hyeonseo Lee, who lives in South Korea, poses as she presents her book 'The Girl with Seven Names: A North Korean Defector’s Story' in Beijing on March 26, 2016 (AFP Photo/Fred Dufour)

US under fire in global press freedom report

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …

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Thursday, November 3, 2011

Xinhua Insight: With or without yuan added in SDR, global monetary system should reform

English.news.cn   2011-11-03

BEIJING, Nov. 3 (Xinhua) -- The latest news regarding the eurozone's two-year-long debt crisis has overshadowed discussions on reshuffling the dollar-based global monetary system, although China has called for more efforts to reform the system.

President Hu Jintao once again suggested accelerating the reform of the international monetary and financial system, a topic on the initial agenda of the ongoing G20 summit, in talks ahead of the meeting.

Despite an ongoing debate regarding the super-sovereign Special Drawing Rights (SDR), which were designed to augment international liquidity by supplementing standard reserve currencies, experts are convinced that a crisis-resilient global monetary system should rely on a basket of currencies rather than a single currency.

DOORS OPEN FOR CHANGE

French President Nicolas Sarkozy, who is presiding over the Nov. 3-4 G20 meeting in Cannes, has not been the first person to prompt a fundamental rethink of the global monetary system. But his voice has echoed a wider yearning for change, which may indicate that global monetary reform is more likely, analysts said.

Criticism of a "hegemonic dollar" has not been new, but explicit requests for a new global monetary system have been relatively scarce, said Li Jianjun, an analyst with the state-owned Bank of China.

However, since the global financial meltdown in 2008, the idea has gained momentum. Calls for international monetary reform have come not only from once-peripheral emerging economies, but also from long-term U.S. allies in Europe like France and Germany, Li said.

Many have started to recognize the problems that have emerged from using a single dominant currency in global markets.

The deep root of the current financial crisis lies in the dollar standard, said Zuo Xiaolei, chief economist at Galaxy Securities.

The real purchasing power of the greenback vanished with the breakup of the Bretton Woods regime, which pegged the dollar to gold and all other currencies to the dollar, Zuo said.

Yet under the dollar standard, investors were eventually kidnapped by U.S. Treasuries, which served as a "final alternative" for any other investment vehicle, Zuo said.

In addition, Li pointed out that market confidence in the dollar has been unraveling, as the world's largest economy has been stuck with a debt crisis and stagnant growth.

"The world is now loath to see the dominance of the dollar, which opens doors for change," Li said.

SDR UNDER DEBATE

Although economists are still largely at odds concerning the SDR's possible role, many have agreed that a future international currency system should be built on a basket of currencies, including the dollar, the euro, the yen, the sterling and the yuan.

They have unanimously ruled out the possibility of returning to the gold standard, and many say other currencies like the euro and the yuan are not strong enough to overtake the dollar's key role.

A real debate is heating up over the super-sovereign SDR as a possible alternative.

Some economists believe the SDR, created by the International Monetary Fund, could become an ideal global reserve currency to eliminate the word's reliance on the dollar, while others have deemed it infeasible for now.

Nobel Prize laureate Robert Mundell, known as the "father of the euro," said Monday in Beijing that the SDR will play a significant role in the post-crisis global monetary system.

He also backed Sarkozy's proposal to include the yuan in the SDR basket, which now includes four currencies: the dollar, the euro, the sterling and the yen.

The inclusion of the yuan would better reflect the new realities of global economics, Mundell said.

Ba Shusong, an economist with the Development Research Center under China's State Council, said the role of the SDR should be strengthened to create diversity and reestablish global financial order.

However, others have been pessimistic about the super-national currency and do not see much need for China to join the SDR.

"The crux of issuing a super-sovereign currency is determining who gets the final say. Both issuance and allocation involve a lot of political give-and-take. Without seeing great benefits, countries will have little incentive to take the onus," Li said

The expansion of the SDR will not solve the fundamental problems in the current monetary system, said Cao Tong, deputy governor of Citic Bank.

China should focus on its own business and not worry about the entry, nor alter its own schedule regarding yuan reform, Cao said.

China's former central bank governor Zhou Xiaochuan said in early September that China is in no hurry to have the yuan added to the SDR basket.

"Chinese currency will become more powerful as the country's economy grows stronger. Sooner or later, the yuan will be added to the SDR," Zhou said.

YUAN REFORM PROGRESS

China has pledged to increase the yuan's flexibility, while stressing that exchange rate policies will be reformed in a gradual and controlled manner and the currency's basic stability will be maintained.

To push forward the internationalization of its currency, the Chinese government has encouraged the use of the yuan in cross-border trade and investment settlement.

China is still in the process of signing a yuan-denominated trade settlement agreement with the Association of Southeast Asian Nations (ASEAN) , Jin Qi, assistant to the central bank's governor, said in late October.

The government first allowed trials of cross-border trade settlement in yuan in some Chinese cities in July 2009. Hong Kong, Macao and ASEAN were chosen as trial areas.

China's yuan settlement in cross-border trade surged to 957.57 billion yuan (149.62 billion U.S. dollars) in the first half of 2011, 13 times more than that of the same period last year, according to statistics released by the central bank.

The country also approved foreign direct investment in yuan legally obtained overseas on Oct. 14. The move was aimed at further boosting cross-border use of the yuan, as well as supporting the yuan market in Hong Kong, the central bank said.

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