Tag Archives: eu

Business/Economics, International, U.S.

Government Hypocrisy: United States renews Iran sanctions exemptions for 11 countries! Sign that the U.S. isn’t ready for war with Iran, yet.

14 September 2102, U.S. Secretary of State, Hillary Clinton, revealed that eleven countries are being exempted from U.S. sanctions against Iran.

They are: Japan, Belgium, Britain, Czech Republic, France, Germany, Greece, Italy, Japan, the Netherlands, Poland and Spain.

As in the first round of exemptions, these latest exemptions are good for 180 days.  This smacks of a government trying to buy time; time to prepare for war, and time to allow allies to stock pile oil.

Hillary Clinton made a statement that sounded like a broken record: “We have brought significant pressure to bear on the Iranian regime, and we will continue to work with our partners to ratchet up the pressure on Iran to meet its international obligations.”

Business/Economics, International, U.S.

What Economic Recovery? Romney’s Bain Capital at it again, this time it’s Alcoa vs Glencore!

Mitt Romney claims he’ll create “12 million” jobs as president of the United States, but his own creation, Bain Capital, is still hard at work destroying jobs.

This time it’s Alcoa (Aluminum Company of America) Incorporated, the number three aluminum producer in the world!

Today, 01 September 2012, Alcoa began shutting down its Italian operation on the island of Sardinia, despite weeks of protests by their employees, including on camera suicide attempts.

In the U.S. state of Texas, Alcoa sold land and assets from its Rockdale operation.  Smelting has been reduced, and two production lines closed.  Alcoa has reduced the number of Rockdale employees to about 70.

Why is Alcoa shutting down operations around the world, laying off thousands of employees, when back in July 2012 it claimed it’s sales were up more than expected due to increased demand for aluminum?

But that’ just it, demand is up, but prices are down, that’s right industrial metal prices are crashing!  So how does Alcoa deal with that? “I want to make one thing crystal clear here, the market is working…..people are moving forward with curtailing [production] and responding by slower build as we see in China and that’s clearly a function of the low LME [London Metal Exchange] pricing that we currently have in the market.”-Klaus Kleinfeld, CEO Alcoa

So the wise corporate leaders, in their greed, increased production so much that there is now too much metal on the market causing prices to crash, killing their hopes for high profits.  But who gets hurt? Why the lowly employees, of course.

(The number one aluminum company Rusal, and the number two, Rio Tinto, are also cutting back on production. Small companies are in trouble, credit wise, with the Too Big to Fail Banks, so expect hundreds of thousands of aluminum industry employees around the world to become unemployed!)

Reuters has just reported that Swiss investment giant (the biggest in the world), Glencore, wants to buy Alcoa’s Sardinia mining operation.  Here’s the Bain Capital connection.  Bain Capital is considered a ‘cornerstone investor’ in the world’s biggest investment company, Glencore!

The reason why the general public is only now hearing about the world’s largest investment company, Glencore, is that it finally went public with an IPO (Initial Public Offering) in May 2011.  Other investment companies bought into Glencore, such as Aabar, BlackRock Fund, Credit Suisse, Fidelity Investment Fund, UBS, Zijin Mining and others.  The IPO was handled by Too Big to Fail Citigroup, Morgan Stanley and Credit Suisse.

Here’s another trivial Romney connection to Alcoa; George Romney, Mitt’s father, worked for Alcoa as a lobbyist in the 1940s.

Alcoa is too big to be totally destroyed by vulture, I mean venture, capitalists (like Bain Capital), but it is being forced to sell off little bits of itself here and there.  And investors love it when people lose their jobs, stock prices for Alcoa Inc have been going up!  And Mitt Romney says he’ll do for America what he did with Bain Capital.

 

International, U.S.

World War 3: USS Stennis sets sail for Persian Gulf, 4 months early. U.S. says “world calls” for war with Syria & Iran

“…we are not in the habit of repeating a warning and we warn only once.”-Major General Ataollah Salehi, Iranian Army, 03 January 2012 threat against USS Stennis

“We’re asking an awful lot of each of you.  And frankly, you are the best I have, and when the world calls we have to respond.”-Leon Panetta, U.S. Secretary of Defense, 22 August 2012 statement regarding early deployment of USS Stennis

22 August, the aircraft carrier USS Stennis will set sail for the Persian Gulf.  Back in July it was announced the USS Stennis would return to the Persian Gulf four months earlier than planned.  The aircraft carrier will also stay in the region for eight months, four months longer than originally planned.

The Pentagon wants to keep at least two aircraft carrier groups on station in the Persian Gulf at all times. Panetta said it was to fight threats and “Obviously Iran is one of those threats that we have to, we have to be able to focus on……Secondly, it is the turmoil in Syria….”

Back in January 2012, Iranian officials singled out the USS Stennis, threatening military action against that specific aircraft carrier if it ever returned to the Persian Gulf.  They claimed the aircraft carrier deliberately sailed through Iranian naval war games in December 2011.  They also accuse the U.S. Navy of sailing ships dangerously close to Iranian oil platforms.

 

Business/Economics, International, Technology

What Economic Recovery? Sony cuts 1,000 jobs in cell phone division!

23 August 2012, after buying back control of its Swedish cell phone operation, Sony announced it will lay off 15% of the employees.

Sony will also move most of the Mobile Communication division back to Japan.

Until Sony’s buyback, the Mobil Communication division was a joint venture with Sweden’s Ericsson.  The cuts are on top of planned lay offs in Sony’s television division.

International, U.S.

World War 3: U.S. occupation of Afghanistan; 17 Aug – 20 Aug. Green on Blue attacks continue to increase. More Kiwis killed. U.S. incompetence, kills people who caught a murderer with drone strike!

20 August 2012

USA (USA without periods means United States Army) General Martin Dempsey is in Afghanistan to find out why so many Afghan government forces are getting pissed off enough at U.S. forces that they open fire upon them.  Dempsey is meeting with USMC General John Allen.

ISAF stated: “An International Security Assistance Force service member died when an individual wearing an Afghan Uniformed Police uniform turned his weapon against ISAF service members in southern Afghanistan today.”

In Paktiya Province, a convoy belonging to an advisor to President Hamid Karzai, ran over a mine: “Mriza Ali Zadran, brother of Amanullah Khan Zadran, his uncle and his nephew were killed following the blast.”-Rohullah Samoon, governor of Paktiya

19 August 2012

ISAF stated: “Three International Security Assistance Force service members died following an improvised explosive device attack in eastern Afghanistan today.”

ISAF claims they killed a “leader” in Kunar Province, using a NATO airstrike.

In Bamiyan Province, at least four New Zealand Kiwi troops were killed, after crossing a road where Mujahideen planted a mine.

Afghan police officials in Kandahar Province claim a policeman shot and killed a U.S. led occupying soldier. They say the shooting took place inside a police station.

USMC General John Allen met with President Hamid Karzai, to discuss the increasing Green on Blue attacks.  This after numb nuts U.S. Defense Secretary Leon Panetta demanded Karzai do something about such attacks.

In Kunar Province, villagers caught a murderer.  The man was convicted of killing another man from a rival family.  But at the execution, where about 80 people had gathered, the United States launched a drone strike, killing about 60. ISAF said this about the drone strike:   “…there are no civilian casualties…”  ISAF swears all the people present were Mujahideen planning an attack.

18 August 2012

In Kunar Province, local government officials say the United States killed four civilians during an airstrike.

In Helmand Province, U.K. Ministry of Defence says one of their occupying Red Coat soldiers was killed.

17 August 2012

In Kandahar Province, two U.S. occupying personnel were wounded by an Afghan government soldier.

ISAF stated: “Two U.S. Forces-Afghanistan service members died this morning as a result of an insider threat attack in Farah province, Afghanistan today. A member of the Afghan Local Police turned his weapon against two USFOR-A service members. The attacker was shot and killed.”

In Faryab Province, an Afghan politician was assassinated. He was shot while walking out of a Mosque.

 

International, Technology, U.S.

World War 3: South America gettin’ riled ’bout Julian Assange. Bradley Manning international hero!

“Inside this embassy in the dark, I could hear teams of police swarming up into the building through its internal fire escape……. If the U.K. did not throw away the Vienna Conventions the other night, it is because the world was watching.”-Julian Assange, 19 August 2012 statement from Ecuadorian embassy in London

“We are continuing to seek a diplomatic solution. We remain ready to continue the conversations we have had, but that is now a question for the Ecuadorians.”-British government statement

“We warn the government of the United Kingdom that it will face grave consequences around the world if it directly breaches the territorial integrity of the embassy of the Republic of Ecuador in London!”-Bolivian Alliance for the People of Our America

“I ask President Obama to do the right thing. The United States must renounce its witch hunt against WikiLeaks. The United States must dissolve its FBI investigation. The United States must vow that it will not seek to prosecute our staff or our supporters. The United States must pledge, before the world, that it will not pursue journalists for shining a light on the secret crimes of the powerful!”-Julian Assange, 19 August statement from Ecuadorian embassy in London

“We believe this is a bilateral issue between Ecuador and the United Kingdom and that the OAS [U.S. created Organization of American States] has no role to play in this matter.”-U.S. State Department statement

“They’re [United Kingdom] out of touch. Who do they think they’re dealing with? Can’t they see that this is a dignified and sovereign government which will not kneel down before anyone?”-Rafael Correa, President of Ecuador

“And to the [U.S.] Army private who remains in military prison in Ft Leavenworth, Kansas, who was found by the United Nations to have endured months of tortuous detention in Quantico, Virginia, and who has yet, after two years in prison, to see a trial, he must be released.  Bradley Manning must be released!  If Bradley Manning did as he was accused, he is a hero and an example to all of us, and one of the World’s foremost political prisoners.  Bradley Manning must be released! On Wednesday Bradley Manning spent his 815th day on detention without trial. The legal maximum is 120 days!”–-Julian Assange, 19 August statement from Ecuadorian embassy in London

“This is a sort of declaration of war. The U.S. has degenerated into a rogue state. What the U.S. wants, the U.S. gets from its allies, regardless of if it’s legal or if it’s ethical or in breach of human or legal rights. We’re all lackeys.”-Christine Assange, mother of Julian Assange

“This is not a bilateral dispute between two countries, it is about respect for international law, respect for humanitarian law and respect for embassies and diplomatic corps!”-Nicolás Maduro, Chancellor of Venezuela

“This Friday, there will be an emergency meeting of the foreign ministers of Latin America, in Washington DC, to address this very situation.”-Julian Assange, 19 August statement from Ecuadorian embassy in London

“Britain….is wrong. The threat is not only an aggression to Ecuador, it’s against Bolivia, it’s against South America, against the whole of Latin America!”-Evo Morales, President of Bolivia

“To my family, and to my children who have been denied their father: Forgive me, we will be reunited soon.”-Julian Assange, 19 August statement from Ecuadorian embassy in London  (see video of speech here)

International, U.S.

World War 3: South America’s ALBA issue declaration against United Kingdom, in support of Julian Assange

IX Declaration of the ALBA (Bolivarian Alliance for the Peoples of Our America) Political Council

1. We reject intimidation threats uttered by government spokesmen in the U.K. of Great Britain for violating the principles of sovereignty and territorial integrity of nations, and the principles of international law.

2. Categorically reaffirm our support for the sovereign right of the Government of Ecuador to grant diplomatic asylum to citizen Julian Assange.

3. We express our opposition to the U.K.’s position of trying to resolve in a manner contrary to international law, disputes with the nations of the world, particularly Latin America and the Caribbean.

4. We support the request for the invitation of the Union of South American Nations (UNASUR) to discuss the hostile position of the Government of the United Kingdom against the Government of the Republic of Ecuador, and set a clear position of support for Ecuador.

5. We believe in promoting relevant United Nations a broad debate about the inviolability of diplomatic premises and full respect by all States of the principles of international law.

6. We warn the government of the United Kingdom of Great Britain about the serious consequences that would be triggered worldwide, in case of a direct attack on the territorial integrity of the Republic of Ecuador in London.

7. We call on all governments in the world, Social Movements, the intelligentsia, to oppose this new claim of the British Government to impose by force its will on sovereign nations of the World.

8. We promise to do our best to give the widest publicity with this declaration.

Members of ALBA: Venezuela, Cuba, Nicaragua, Bolivia, Ecuador, Dominica, Saint Vincent & Grenadines, Antigua & Barbuda.

Business/Economics, International, U.S.

LIBOR: Japan orders investigation

17 August 2012, the Japanese Financial Services Agency (FSA) ordered an investigation into TIBOR, or Tokyo Inter-Bank Offered Rate.

It’s a system similar to Britain’s LIBOR, and tries to regulate interest and currency rates.

18 financial institutions in Japan have been ordered to reveal their TIBOR operations. Specifically the FSA is looking for evidence that bank employees unfairly manipulated rates.  FSA is concerned about the credibility of the TIBOR system.

The Japanese Bankers Association gave an immediate response to the order, saying their were no TIBOR irregularities, despite the European and U.S. investigations into TIBOR.

Business/Economics, International, Technology

Nuclear Disaster Reactors: Damage to Belgian reactor impossible to repair?

16 August 2012, after an emergency meeting was held, officials decided it was likely that the Doel nuclear plant in Belgium will be shut down permanently.

But this means dozens of other nuclear reactors throughout western Europe could be shut down as well.  The whole thing started in 2004 when France inspected two reactors and found perpendicular micro-cracks in the containment vessels.

The perpendicular cracks were not from age, but had been there from day one. It was a design flaw!

Belgium decided to check their reactors, since they were the same design, and found even more micro-cracks. The boss of Belgium’s Federal Agency of Nuclear Control told the emergency meeting that they found “something else”; thousands of parallel cracks as well as the perpendicular cracks.

The defects are so numerous that Belgium officials say it is unlikely they can be repaired.  Belgium will shut down two reactors, and continue investigations. A final report will be presented in October.

Business/Economics, International, Technology

Nuclear Disaster Reactors: Belgium shuts down nuke plant; cracked containment vessel, emergency international meeting!

14 August 2012, the Federal Agency for Nuclear Control is shutting down Reactor 3 at the Doel nuclear power plant in Belgium.

Workers discovered cracks, and other ‘anomalies’, in the containment vessel.  The reactor was built by a company that went bankrupt 40 years ago. Dozens of nuclear plants across western Europe use the same design.

Belgian officials have called for an emergency meeting, with international experts, to be held on 16 August.  Belgium gets 50% of its electricity from nuclear power.