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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Tuesday, September 2, 2014

Modi's banking-for-all scheme may boost India's rural economy

PM Narendra Modi recently announced a financial inclusion scheme, which aims to provide banking access for all Indian citizens. Experts say the initiative faces some challenges but will help the country's economy.

Deutsche Welle, 1 Sep 2014


India is one the world's biggest economies but of the estimated 247 million households in the country, only about 145 million have access to a bank account - something that PM Modi has vowed to change, calling a bank account for everyone a "national priority."

The National Mission on Financial Inclusion, or Jan Dhan Yojana in Hindi, launched on August 28, is a financial inclusion plan aimed at providing a bank account to every household in the country.

Every account holder will be offered a debit card, under the national domestic scheme, RuPay. Furthermore, after six months of satisfactory operations, account holders would also get an overdraft facility of up to 5,000 rupees.

The first goal of the plan is for some 75 million bank accounts to be opened until mid-January 2015. The government will be working with the country's banks to launch a "major campaign" to sign up new costumers.

Identification

"Indian banks will need to have major customer enrolment campaigns in rural India," said Rajiv Biswas, Asia-Pacific chief economist at IHS, a global consulting firm.

The scheme wants to bring some 145 million
 households in India onto the formal banking
system
One of the main concerns is how identification requirements for opening accounts will be met in these villages where much of the population do not have key types of identification, he adds.

For Mark Williams, chief Asia economist at the London-based consultancy firm Capital Economics, this issue is the "key stumbling block" of the plan: "whether poorer Indians are able to prove their identity to the satisfaction of the banks."

"However there has already been a massive take-up of the new account initiative," says Biswas, adding that there are attractive incentives for new accounts opened, including free accident insurance of up to 100,000 Indian rupees (about 1,650 USD) and life insurance cover.

Better access

"If 40 percent of Indians are not a part of the economy, how can we be successful in eradicating poverty?" the PM said in his speech at the launch of the initiative. Indeed, around 65 percent of India's 1.2 billion people live in the country and the majority of rural residents still have no access to the formal banking system.

Modi said the main goal of the policy was to "to get rid of financial untouchability." Analysts agreed that the policy will indeed help the poor, reducing their exposure to "moneylenders who often charge extremely high interest rates for loans."

Biswas believes, this initiative will link a large segment of the unbanked population into the Indian financial system over the next three years. It helps them "get better access to bank credit and formal bank savings deposits," he told DW.

This will aid in boosting financial intermediation and should be a factor supporting the expansion of the Indian banking system and credit provision to rural India, says Biswas, which, in turn, "should help to boost economic growth of the nation's rural economy."

Direct payments

Even if the program doesn't reach its full potential, it will still help rev up economic growth, analysts say. The Modi administration announced that it will use the newly-created accounts to implement government welfare schemes - a major shift, since the World Bank says only three percent of all Indians receive any state payments through bank accounts.

Biswas says this measure will help "reduce the vulnerability of low income households" by providing them with a direct method of receiving welfare payments and other subsidies. Analysts believe that it will increase the efficiency of government poverty schemes, since "there should be fewer opportunities for funds to be siphoned off corruptly," says Williams. The move will probably also help streamline New Delhi's yearly distribution of 43 billion USD in subsidies for grains, fuel and fertilizer.

In addition, government funds can be targeted more effectively at those in greatest need, says Williams, something that will "boost consumer spending a little," since poorer families tend to spend a greater share of their income.

Bank cooperation

Prime Minister Modi sent an email to some 700,000 bankers in the country requesting their help before the announcement, asking them to "try your level best to ensure that no one is left without a bank account."

Biswas says this measure will help "reduce
 the vulnerability of low income households"
by offering them a direct method of receiving
welfare payments
Economist Williams says that the banks' cooperation is the other "key issue" to the success of the program. "The proposal to give every account holder an overdraft facility could end up being costly for banks, which would struggle to recoup bad debts. If the scheme is to reach its full potential, there will also be a cost in terms of the need to expand bank branches - or, at a minimum, ATM machines into poorer areas," he adds.

But experts are of the view that the scheme also provides opportunities. Giving low income, rural households access to the Indian formal banking system will encourage them to park their savings in banks, rather than using gold bullion, jewellery and various informal investment schemes, Biswas explained.

The analyst says that there will probably be a "tremendous national effort" to meet the target of 75 million new accounts by January 2015. "The Indian government has announced that 15 million account applications were received on the first day the scheme was launched, so the initiative has got off to a flying start."

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