Category Archives: Business/Economics

Business/Economics, International, U.S.

World War 3, East Asian Front: North Korea refuses direct talks! China postpones meeting between South Korea & Japan!

05 April 2013 (16:40 UTC-07 Tango)/24 Jumada l-Ula 1434/16 Farvardin 1391/25 Yi-Mao (2nd month) 4711

Several analysts have stated that the Democratic People’s Republic of Korea is refusing direct peace talks, especially any involving nukes.

“U.S. message saying the door is still open for talks does not work with North Korea. The North has made up its mind to keep raising tensions on the Korean Peninsula so such an unclear message is not a solution.”-Chang Yong-seok, Seoul National University

“The United States….has attempted to engage directly, and has generally been rebuffed.”-Kurt Campbell, former Assistant Secretary of State for East Asian and Pacific Affairs, helped Obama administration create policy towards Korea

Campbell has also stated that it’s China who has the most influence.  China has just canceled planned economic summit meetings with Republic of Korea and Japan.

The three countries have been meeting at the end of May, ever since 2008.  But the cancellation is not over a possible Second Korean War, but the dispute with Japan over the Senkaku/Diaoyu Islands.

Chinese officials say that relations with Japan will be unstable as long as Japan claims the islands for themselves.  The island country of Taiwan (a U.S. ally) has expressed similar sentiment.

Business/Economics, International, U.S.

World War 3: Second Korean War could destroy capitalist U.S. car industry?

05 April 2013 (05:05 UTC-07 Tango)/24 Jumada l-Ula 1434/16 Farvardin 1391/25 Yi-Mao (2nd month) 4711

“If there were something to happen in Korea, it’s going to effect our entire industry, not just General Motors.”-Dan Akerson, GM CEO

In an interview with CNBC’s Squawk Box, it was revealed that GM is considering alternative plans to its Korean operations, like getting out.

General Motors makes 145000 cars in South Korea.  Both Ford and GM invested big in the hopes that South Korea will be a major market for their new electric cars.

Business/Economics, International

World War 3: 53000 North Koreans refuse to show up for work at KIR! South Korea refuses to evacuate KIR workers! North Korea prepares two ballistic missiles for launch!

05 April 2013 (02:28 UTC-07 Tango)/24 Jumada l-Ula 1434/16 Farvardin 1391/25 Yi-Mao (2nd month) 4711

An estimated 53000 DPRK workers have not shown up for work at the Kaesŏng Industrial Region (KIR).  Some analysts say it might be because of a North Korean holiday, however, they also said it was common for the capitalist ROK corporations to ask DPRK workers to work on holidays.

To show how important the cheap North Korean labor is to South Korean capitalists, South Korean media got this reaction from an unnamed manager of one of those companies: “Without the arrival of new parts and materials, and the need to make full use of trucks that cannot return if they cross over the DMZ [De-Militarized Zone], companies must pace their production schedules….At most, the food will probably run out in a week, which would make it hard for South Korean workers to stay at Kaesong.”

Even with the threat of starvation officials in Republic of Korea say they do not see any reason to evacuate ROK workers from KIR as demanded by the DPRK: “When the situation requires, the withdrawal should be carried out for the safety of workers there, therefore (the government) is not considering withdrawal.”-Ryoo Kihl-jae, ROK Unification Minister

Also, South Korea’s Yonhap News Agency reporting that the Democratic People’s Republic of Korea is preparing two medium range ballistic missiles for launch.

Yonhap cites South Korean and U.S. military sources.  They say that two BM25 Musudan have been loaded on their mobile launchers (aka TEL, transporter-erector-launcher), after being shipped to the east coast, along the coast with the Sea of Japan (facing the Pacific).   Earlier reports had said that one BM25 Musdan was being moved to the east coast.

The U.S. and ROK sources say the TELs have now been hidden.

 

Business/Economics, Idaho, International, Technology, U.S.

What Economic Recovery? BP to abandon Wind Power operations in Idaho!

04 April 2013 (15:40 UTC-07 Tango)/23 Jumada l-Ula 1434/15 Farvardin 1391/24 Yi-Mao (2nd month) 4711

British Petroleum (the company behind the Gulf of Mexico Deepwater Horizon disaster) is getting out of the wind power business, including its eastern Idaho U.S.A. Goshen North operation near Idaho Falls.

BP will also abandon wind farms in California, Texas, Kansas, South Dakota, Colorado, Indiana and Pennsylvania.

Company officials said it just wasn’t worth it, and they will now focusing solely on petroleum.  BP claims to have invested $55 billion USD into wind power, and analysts think that after the sale of their wind farms BP will end up losing most of that investment.

BP is also abandoning its solar power operations!

Business/Economics, International

World War 3: POVs to be confiscated in event of Second Korean War!

04 April 2013 (13:56 UTC-07 Tango)/23 Jumada l-Ula 1434/15 Farvardin 1391/24 Yi-Mao (2nd month) 4711

“We can’t tell you for sure the models or the number of the cars to be mobilized. That’s confidential.”-unnamed government official

POV, Privately Owned Vehicle (aka car, truck, SUV, mini-van), could become property of the government if full blown Second Korean War were declared.

The revaluation has South Koreans pissed: “The car dealer never told me about this. If the government takes away cars of a specific model, I think it’s unfair.”

Another man pointed out “I would need my car to move away with my family. The government taking away civilian cars is too much of a burden on people.”

Oh, but if you don’t comply you’ll pay a $18000 USD fine and/or go to prison for seven years!

As I’ve reported, the U.S. backed Republic of Korea is not a true democracy, it is a authoritarian regime that’s been under martial law since 1972.

If you study the history of the (First) Korean War you should find evidence that the capitalist South Korea government treated Koreans far worse than communist North Korea, and the United States just looked the other way.

Under the Emergency Resource Management Law in South Korea, computers will pick at random which POVs will be pressed into military service.

However, the age of the car owner and the car, and the location of the car, will be prime factors: “Gyeonggi and Gangwon Province residents may be high on the list, since those are the places bordering North Korea. And the younger the car owner is, the more likely they have to give up their car.”-unnamed government official

Business/Economics, International, U.S.

World War 3: China admits military build up along Korean border, since 2009! Final War between eastern workers and western capitalists!

04 April 2013 (13:35 UTC-07 Tango)/23 Jumada l-Ula 1434/15 Farvardin 1391/24 Yi-Mao (2nd month) 4711

After days of reports that China was building up forces near the Korean border, and after a Chinese official denied such reports, we now get a better explanation; China has been building up forces since 2009: “Whenever the crisis deepened on the Korean Peninsula, since the North’s second nuclear test in 2009, China has reinforced its troops along the border. Amid escalating threats from North Korea, it’s highly likely that Army has moved troops from the Shenyang Military Region.”-unnamed Chinese official

So the official that said there was no ‘new’ troop build up was correct. The build up has been taking place since 2009.

2009 is the year that tensions began escalating.  Western media won’t tell you this, it started because North Korea wanted better pay and treatment of DPRK workers at the capitalist run Kaesŏng Industrial Region (KIR).

The DPRK responded to western capitalists with its second nuke test.  Then, in 2012, the DPRK wanted the capitalist corporations to pay their fare share in taxes.  The negative response from the capitalists resulted in North Korea’s third nuke test.  Keep in mind that the western capitalist main streamer media always reported these nuke test as if they made no sense, that they were not justified nor provocated.

This is a final war between the workers and the capitalists!

Business/Economics, International, U.S.

World War 3: North Korea builds up military around KIR! South Korean KIR workers say this time the North is serious!

04 April 2013 (13:20 UTC-07 Tango)/23 Jumada l-Ula 1434/15 Farvardin 1391/24 Yi-Mao (2nd month) 4711

Republic of Korea media has been talking to South Korean workers kicked out of the Kaesŏng Industrial Region (KIR).  Some ROK workers say there is an increase in military vehicles surrounding KIR. The following are quotes that show the Democratic People’s Republic of Korea is serious about war this time, and that South Korean capitalist corporations can’t survive without the cheap North Korean labor.

“[DPRK] Workers who normally wear civilian clothes wore military uniforms and patrols were strengthened.”

“The demeanor of North Korean workers appears to have changed overnight. They were colder than usual and didn’t smile.”

“Inter-Korean relations are a problem, but we’re very concerned that we [ROKies] could lose our business.”

“If parts or food fail to reach the North [KIR] for two to three days, the assembly lines will stop running and workers will starve.”

 

Business/Economics, International

H7N9 update: International health officials say it can not be detected! Paranoia about birds gripping people in Asia!

03 April 2013/22 Jumada l-Ula 1434/14 Farvardin 1391/23 Yi-Mao (2nd month) 4711

“We speculate that when this virus is maintained in poultry the disease will not appear, and similar in pigs, if they are infected, so nobody recognizes the infection in animals around them, then the transmission from animal to human may occur.”-Masato Tashiro, UN World Health Organization

Health researchers around the world have been given access to the H7N9 that killed the first two people in China.  It appears the virus is not detectable until the infection reaches critical stages.

A few days ago, Chinese health officials had instructed health care providers to report all unexplained pneumonia cases.

The news has people in some Asia countries so afraid of birds that poultry sales are crashing.  Some countries are banning imports of chickens and ducks from other countries.  Newspapers have published pics of people running away from ducks in parks.

Business/Economics, International

H7N9 update: Hong Kong says new flu can’t be detected in early stages!

03 April 2013/22 Jumada l-Ula 1434/14 Farvardin 1391/23 Yi-Mao (2nd month) 4711

“This reflects that either the virus is very serious, or the minor cases cannot be recognized by the frontline healthcare staff.”-Ko Wing-man, Hong Kong’s Secretary for Food & Health

Health officials in Hong Kong are scrambling to come up with a new test that can detect H7N9 in its early infection stage.   Officials point out that by the time the sick people in China were diagnosed with H7N9 they were already in critical condition, suggesting that H7N9 is not identifiable at the beginning of infection.

This also suggests that infected poultry do not show signs of H7N9 until close to death, which means potentially hundreds of thousands of imported poultry could be given a clean bill of health by inspectors.

Business/Economics, International, U.S.

World War 3: North Korea denies South Koreans access to Kaesŏng Industrial Region!

03 April 2013/22 Jumada l-Ula 1434/14 Farvardin 1391/23 Yi-Mao (2nd month) 4711

South Korea’s Unification Ministry reporting that North Korea is not allowing South Koreans entry to the Gaeseong slave wage labor complex (aka Kaesŏng Industrial Region, aka KIR).

The KIR actually benefits the capitalist corporations of South Korea, by providing cheap North Korean labor.

The DPRK threatened to close it down just a few days ago.

Western media has lied and said the KIR was a money maker for North Korea, yet in 2009 North Korea demanded better pay for its workers, notice this is also when tensions with the DPRK increased.  Then in 2012 the DPRK demanded the ROK companies to start paying a fare rate in taxes.  Many of the U.S. influenced capitalist corporations claimed that even with the dirt cheap labor they were not making profits, and said they could not pay up! Notice that 2012 is when tensions with DPRK began to escalate.

The KIR has actually become an economic must for South Korea, and they are now demanding the KIR be re-opened: “South Korea’s government deeply regrets the entry ban and urges it be lifted immediately.”-Kim Hyung-seok, Unification Ministry spokesman