Confirmed, U.S. & EU push to unfreeze Libyan assets is because Rebels are broke, African countries opposed

The United States, Europe and other countries are pushing for the United Nations to unfreeze billions in Libyan assets.  This is on top of what the U.S. is unfreezing.

A Libyan rebel official admitted in a press conference they needed the money “…for supplies…to pay salaries.”

From the beginning the African Union has been oppossed to […] Continue Reading…

Reporters held in Rixos Hotel freed after Libyan official in London issued order

Libyan government forces let at least 35 reporters go free.  They were hold up in the Rixos Hotel in Tripoli.

It happened after Mahmud Nacua, the Libyan charge d’affairs at the Libyan embassy in London, urged the government forces to let the journalists go free.

CNN’s Mathew Chance said the government gunmen “…literally cast away their […] Continue Reading…

South Korea says Libyan Rebels attacked and looted their Embassy, Russia says if Rebels win Russia will officially recognize them

South Korean news agency Yonhap, says their ambassador’s residence in Tripoli, was attacked by about 30 people. They stole “television sets and other gadgets”, but no-one was hurt during.

Russian President Dmitry Medvedev, is urging peace talks between rebel and government forces. Medvedev says Russia will consider establishing formal relations with the rebels if they […] Continue Reading…

Global Economic War: Japan creates fund to help Japanese corporations to take over foreign companies, blames crashing U.S. dollar

Finance Minister Yoshihiko Noda announced that a U.S.$100 billion fund is being created, to help Japanese companies to use yen to buy foreign money, and take over foreign companies.

Noda says the fund is a response to the crashing U.S. dollar, which is forcing up the value of the Japanese yen.  The more the yen […] Continue Reading…

Global Economic War: China will now use the Yuan in all international deals, blames crashing U.S. dollar

The Chinese government has expanded the use of the yuan in international trade deals.

Originally China restricted the use of the yuan to just five cities, for trade with Southeast Asian nations.  Later it was expanded so 20 provinces could use the yuan in all their international payments.  Now, the People’s Bank of China gave […] Continue Reading…

Japan Megadisaster boosts Insurance sales!

The Non-Life Insurance Rating Organization of Japan said insurance companies gained more than 2.51 million new earthquake contracts, since the 11 March 2011 megadisaster.

Not surprisingly the biggest gains were in the areas hardest hit: Fukushima Prefecture saw a 49.6% increase.  Iwate Prefecture 26.4% increase.  Miyagi Prefecture up 22.3%.

Radiation decontamination in Japan will be complicated

The Japanese government is about to vote on a standardized decontamination plan.

Here’s a list of suggested decontamination procedures for cities and towns:

High pressure washing of homes and buildings, including rain gutters.

Trimming of outer leaves and branches on bushes and trees.

Pulling up smaller plants and removal of top soil.

Washing roads, including flushing joints on asphalt […] Continue Reading…

U.K. to hold emergency National Security meeting about Libya, secret tunnels found under military compound, BBC now claims foreign reporters held by government forces

The British Prime minister’s office is holding an emergency National Security Council meeting on Libya. The meeting is being chaired by Foreign Secretary William Hague.

Rebels claim they’ve found tunnels under the Bab al-Azizia compound.  Sounds like fighting is taking place, rebels say they’re trying to “clear” the tunnels.

Despite many earlier reports from foreign reporters […] Continue Reading…

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