Deepening Crisis In Hyper-inflationary Venezuela And Zimbabwe

By Mark O’Byrne – Re-Blogged From http://www.Gold-Eagle.com

– Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe
– Real inflation in Zimbabwe is 313 percent annually and 112 percent on a monthly basis
– Venezuela’s new 100,000-bolivar note is worth less today than US$ 2.50
– Maduro announces plans to eliminate all physical cash
– Gold rises in response to ongoing crises

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To Counter China, India Pushes East

Re-Blogged From Stratfor

Highlights

  • China’s regional expansion in the Asia-Pacific will continue driving India into a security partnership with the United States and Japan as part of its Act East policy.
  • Barriers to market access will continue limiting the expansion of Indian trade with the Association of Southeast Asian Nations (ASEAN).
  • Fiscal and project management impediments will limit progress on India’s two key infrastructure projects in the northeast, thereby limiting its land-based ASEAN trade.

With its Act East policy, India is focused on strengthening its trade and infrastructural ties with Southeast Asia.

(BEYHANYAZAR/iStock)

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South China Sea Feud

Re-Blogged From Newsmax

President Donald Trump on Sunday offered to mediate in the South China Sea disputes, while his Chinese counterpart played down concerns over Beijing’s military buildup and the prospects of war in the contested waters.

Trump and Chinese President Xi Jinping spoke separately about the territorial rifts ahead of an annual summit of Southeast Asian nations that also includes the U.S., China and other global players. The disputes are expected to get the spotlight at the summit, along with the North Korean nuclear threat and terrorism.

The long-simmering disputes are one issue where the two major powers’ influence, focus and military might have been gauged, with the U.S. and China both calling for a peaceful resolution but taking contrasting positions in most other aspects of the conflict.

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Coal Demand and Prices Surge… As Do U.S. Coal Exports!

By David Middleton – Re-Blogged From http://www.WattsUpWithThat.com

Coal_Price_Soars

Coal prices are on the rise again. With benchmark rates in Australia up over 30 percent since July — approaching the $100/t mark that prevailed in November 2016 after a massive run-up last year.

And a number of events the past week show that things could get even more heated in coal over the coming months.

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The Plan Comes Together?

By Bill Holter – Re-Blogged From http://www.Silver-Phoenix500.com

My original thought was to write further about the left turning on and eating each other. The volume of news, “who” and the timing seemed to indicate something very big coming down. However, another story broke out of the blue this morning from Saudi Arabia that supersedes (though very well may have connections to) the feeding frenzy.

Crowned Prince Mohammed bin Salman had 11 princes and 38 current and former senior officials arrested on corruption and money laundering charges. http://www.reuters.com. Prince Alwaleed bin Talal being the most notable arrested. The thought process of “why” becomes scattered after the initial and obvious thought MBS is consolidating his power after being named as next in line back in June.

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In China, Innovation Cuts Both Ways

By Matthew Bey – Re-Blogged From https://worldview.stratfor.com

China is in a bind. The heavy industry that propelled the country’s economy through three decades of dizzying growth has reached its limits. To escape the dreaded middle-income trap, China will need to shift its focus from low-end manufacturing to other economic industries, namely the technology sector. Beijing has put tech at the center of its long-term economic strategy through campaigns such as Made in China 2025 and Internet Plus. But these initiatives alone won’t push the Chinese economy past its current plateau. The tech sector is notorious for relentless innovation. And innovation requires flexibility.

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Interview with István Markó

By Breitbart – Re-Blogged From http://www.WattsUpWithThat.com

István Markó (1956 – 2017) was a professor and researcher in organic chemistry at the Université catholique de Louvain. Prof. Dr. Marko was an outspoken defender of the skeptical view on the issue of human-caused/anthropogenic global warming, appearing in numerous French-language media on the Internet, in public debates and diverse English-language blog postings. He also joined with Anglo-Saxon climate skeptics, publishing several articles together on Breitbart News.

  Grégoire Canlorbe: Climate activism is thought of as Marxism’s Trojan horse, a way for its followers to proceed with their face masked, in the never-ending holy war that Marxism claims will be necessary to establish communist totalitarianism. Yet it was actually Margaret Thatcher, the muse of conservative libertarianism, who kick-started the IPCC. How do you make sense of this?

  István Markó: More precisely, Margaret Thatcher, although a trained chemist and therefore aware of the mendacious character of such an allegation about carbon dioxide (CO2), was the first proponent to use the excuse of climate implications posed by CO2 to achieve her political ends. At the time, that is, in the mid-1980s, Thatcher was waging war with the almighty coal union. In those days, the UK coal unions were remunerating themselves with public monies and by lobbying via the Labour Party had managed to pass an enormous number of laws and subsidies to keep an industry afloat that was no longer profitable on its own.

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