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Peter Myers Digest: Israel has started selling exploration rights to Oil & Gas fields off Gaza
(1) Israel has started selling exploration rights to Oil & Gas fields off Gaza
(2) South Africa takes Israel to ICC over Gaza Genocide
(3) Oct 7 was designed and allowed by Mossad
(4) Guterres said UN has “neither money nor power” to prevent Genocide in Gaza(1) Israel has started selling exploration rights to Oil & Gas fields off Gaza
Why Israel Really Invaded Gaza The shocking truth behind the Genocide
Dr Vernon Coleman
11/25/23
(http://www.a-w-i-p.com/index.php?s=Dr+Vernon+Coleman&sentence=sentence&in_blogs=6) – AKA “an old man in a chair”
https://www.bitchute.com/channel/oIqNJgc4Q7Ry/ and https://www.vernoncoleman.com/
It is mid November 2023 and this is video number 331 [check below] – all since I first exposed the covid fraud in February and March of 2020, and, at the same time, predicted a plan for a compulsory vaccination programme – long before they even had a vaccine.
Word has reached me that there are still a few people in the world who don’t understand why Israel is intent on destroying Gaza, killing the inhabitants, including babies and children, and taking over control of the land, coastline and sea bed. Thinking people find it difficult to understand why any nation should commit so many war crimes and enthusiastically welcome its status as the world’s latest rogue state, a terrorist nation guilty of the worst genocide most people can remember witnessing. Hospitals, ambulances, and refugee camps have all been bombed. You can’t get much worse than that. Babies and small children have been slaughtered. The sick, the frail and the elderly have been denied food, water and fuel. And the Israelis seem unembarrassed by an endless stream of lies. We weren’t there. It wasn’t our fault. Martians dropped those bombs. The dog ate our homework. I’ve seen videos which have appalled me and left me with images I’ll never eradicate from my mind.
If a murderer runs amok in a town you don’t go around killing everyone you can find – just because you can. Humans don’t slaughter babies and small children without a shred of regret or shame. But that’s what has been happening. The Israelis attacked hospitals and claimed that Hamas were hiding behind the bedpans. And what did they find? Shergar, the crew of the Marie Celeste, Lord Lucan and an old water pistol – which wasn’t any use because the Israelis have cut off all the water.
The mysteries abound. The Egyptians apparently warned Israel that something was about to happen but the Israelis ignored the warning. Why did they do that? It’s as though they deliberately wanted Hamas to attack. And remember, of course, that Israel and the US were at least partly responsible for the creation of Hamas in the first place.
If you don’t already know what is going on, the next few minutes are going to astonish you, horrify you and leave you sick to the stomach – with the words `so that’s what it’s all about’ appearing unbidden on your lips.
http://www.a-w-i-p.com/media/blogs/articles/10/C/PAL_gaza_gas_oil_MAP_border_77.jpg?mtime=1700737696
As always the magic words are – who benefits – and the key is to follow the money. In this case, the money involved is huge. An incomprehensively large amount of money. And if you’re puzzled about why the US and the UK are backing Israel’s Godless, demonic, barbaric, genocidal attacks then I can explain that too. The truth, as it often does, explains everything.
The fact is that Gaza is blessed – if that is the right word – with an enormous amount of oil and gas. Oil and gas fields off the coast of Gaza contain 1.7 billion barrels of oil waiting to be exploited and 122 trillion cubic feet of natural gas.
A barrel of oil contains 42 gallons so multiply 1.7 billion by 42 by the price of a gallon of fuel and you’ll see the sort of numbers we are talking about.
That’s a hell of a lot of dollars, pounds, euros or shekels. I still use an old-fashioned calculator and it can’t cope because the numbers are too big but I’m told that there’s over half a trillion dollars’ worth of gas and oil waiting to be extracted and sold. And that’s just Gaza.
There’s a huge oil and natural gas field under the West Bank too. The Israelis have for years now prevented the Palestinian people from exploiting their own fossil fuel resources.
But Israel has now started selling exploration rights to fossil fuels which belong to the Palestinians. Within days of October 7th they had sold 12 licences to six different companies. Presumably, they just happened to have the contracts all ready to sign. Usually, these things take months or years to set up but the Israelis were selling half a trillion dollars’ worth of someone else’s oil and gas in less time than it takes to buy a washing machine. (I wonder if the climate change nutters who support Israel know about all the fossil fuels.) I am reminded for some reason of the fact that the British Government had a 300 odd page piece of covid legislation ready for publication within hours of its own expert committee deciding that covid was no more dangerous than the flu. Aren’t these people fast with the paperwork these days? What a mystery!
http://www.a-w-i-p.com/media/blogs/articles/10/C/PAL_gaza_gas_oil_MAP_2.jpg?mtime=1700738075
It seems pretty clear why the Israelis want to take control of Gaza and the West Bank. And it isn’t difficult to see why the US Government and the UK Government are supporting Israeli’s war crimes. Someone is going to have to help the Israelis retrieve and market all that oil and gas. They’ll need big oil companies. And there will be huge amounts of tax to be paid by those companies and big fees.
Back in September, a couple of months ago, much of the oil and the gas belonged to the Palestinians, though the Israelis wouldn’t let them do anything with it. Now Israel is flogging what isn’t theirs.
I wonder if the people of Israel think all this money is worth it. They’ve lost their status, their reputation, their honour and their future. Israel is, and will remain, a rogue state, a pariah. Israel is now a godless terrorist nation, guilty of genocide and endless war crimes – they’ve already been reported for committing war crimes. Their political and military leaders are going to be standing in the dock. They will be found guilty and punished.
But, now you know. The genocide in Gaza isn’t about racism or ethnic cleansing. It’s about money. Billions of shekels in lovely oil and gas.
If you don’t believe me – check it out and you’ll find that I’m absolutely right. And now that the truth is out in the open it would be nice to see the people who are defending Israel admitting that this slaughter is all about money. Let’s see American senators and congressmen and British MPs admit that Israel is murdering babies to get control of a good deal of oil and gas.
Please share this short video. Put it on platforms everywhere – even on the evil YouTube. A few people will see it before it’s banned and removed and it’ll keep the bastards on their toes.
I’ve been banned from all mainstream media, YouTube and all social media for years now – for the crime of telling the truth, so I rely on your help.
The censorship isn’t lessening, by the way. I wrote a book about my experiences since I first warned about the covid hoax and the vaccination programme way back in March 2020. The book is called `Truth Teller: The Price’ and it’s available as a paperback a hard cover book and an eBook. Or at least it is in some places. In much of the world the book is banned. You can’t buy it. How’s that for perfect irony: I write a book describing how I’ve been censored, banned and lied about and the book is suppressed. Perhaps it was the stuff about the Wikipedia, or the bit about the CIA that worried someone.
If you want to keep in touch in future please do so by visiting vernoncoleman.com. There are no adverts and no fees and we’re open 24 hours a day, seven days a week. There are a number of recent articles which you will, I think, find of special interest. And new stuff goes onto the site every weekday evening.
Finally, please remember you are not alone. More and more people are waking up. And once they’re awake they don’t go back to sleep which means that our numbers are growing daily.
Distrust the Government, avoid mass media and fight the lies. And thank you for watching an increasingly weary old man in a chair.
Dr Vernon Coleman ==
Check his website, it’s great: https://www.vernoncoleman.com/
(2) South Africa takes Israel to ICC over Gaza Genocide
https://www.independent.co.uk/news/world/middle-east/south-africa-israel-genocide-united-nations-b2471045.html
South Africa accuses Israel of genocide in complaint to World Court
A case at the UN’s top court urges actions to prevent ‘severe and irreparable harm’ against Palestinians
The <https://www.icj-cij.org/sites/default/files/case-related/192/192-20231229-pre-01-00-en.pdf> complaint at the World Court at <https://www.independent.co.uk/topic/the-hague-0> The Hague on Friday alleges “acts and omissions by Israel” in Gaza “are genocidal in character” and have been committed with “the requisite specific intent” to “destroy Palestinians in Gaza as a part of the broader Palestinian national, racial and [ethnic] group”.
Following Israel’s <https://www.independent.co.uk/news/world/middle-east/israel-lebanon-hezbollah-gaza-hamas-b2469151.html> devastating retaliatory military campaign in the beleaguered strip after <https://www.independent.co.uk/news/world/americas/judy-weinstein-haggai-hostage-hamas-b2470972.html> Hamas attacks in Israel on 7 October, Israel has “failed to prevent genocide and has failed to prosecute the direct and public incitement to genocide,” according to the filing.
“Israel has engaged in, is engaging in and risks further engaging in genocidal acts against the Palestinian people in Gaza,” South Africa has asserted.
The filing asks the court to implement provisional or short-term measures to halt Israel’s campaign in an urgent effort “to protect against further, severe and irreparable harm to the rights of the Palestinian people”.
Israel has condemned the suit.
“Israel has made it clear that the residents of the Gaza Strip are not the enemy, and is making every effort to limit harm to the non-involved and to allow humanitarian aid to enter the Gaza Strip,” according to a statement from Israel’s foreign ministry.
A hearing has not yet been scheduled but is expected within the coming days or weeks.
South Africa has long criticised Israel’s campaign in Gaza and has repeatedly compared Israel’s treatment of Palestinians and occupied territories to that of its own violent apartheid-era past.
Last month, South Africa <https://apnews.com/article/south-africa-israel-palestinians-icc-referral-6f1dd2b3af534d4d42d56a156968eae4> pushed for the <https://www.independent.co.uk/topic/international-criminal-court> International Criminal Court at The Hague to investigate Israel’s actions in Gaza.
That court prosecutes nations for war crimes, crimes against humanity and genocide, while the International Court of Justice settles disputes between nations.
South African officials <https://twitter.com/PresidencyZA/status/1740797624565772616> said in a statement that the country is “gravely concerned with the plight of civilians caught in the present Israeli attacks on the Gaza Strip due to the indiscriminate use of force and forcible removal of inhabitants.”
Officials said “There are ongoing reports of international crimes, such as crimes against humanity and war crimes, being committed” as well as other acts that meet the threshold of genocide under the UN’s Convention on the Prevention and Punishment of the Crime of Genocide, and which “may still be committed in the context of the ongoing massacres in Gaza.”
Last week, the United Nations Security Council <https://www.independent.co.uk/news/world/middle-east/gaza-ceasefire-israel-aid-united-nations-b2468546.html> narrowly approved a resolution pressing for the urgently needed passage of humanitarian aid into Gaza after more than two months of attacks.
Following several days of negotiations led by the United States, the council stopped short of a resolution calling for an immediate cessation of violence, instead approving a watered-down measure to avoid a veto from the US, which has blocked previous UN attempts to stem the violence.
The long-delayed vote in the 15-member council on 22 December was 13-0. The US and Russia ultimately abstained from voting.
A final version did not include demands for a ceasefire or any immediate pause in the fighting, making it unlikely that the measure to support the flow of aid into Gaza – which is largely in Israel’s control – <https://www.independent.co.uk/world/un-security-council-resolution-gaza-aid-b2468582.html> will slow the violence that has <https://www.independent.co.uk/news/world/middle-east/gaza-death-toll-biden-ceasefire-b2468515.html> killed thousands of Palestinians, <https://www.independent.co.uk/news/world/middle-east/gaza-children-war-israel-b2462281.html> including more than 8,000 children, according to Gaza’s health ministry.
On Thursday, Israeli forces reportedly shot at a UN convoy of armoured vehicles in central Gaza after it was returning from aid deliveries in the north.
“Israeli soldiers fired at an aid convoy as it returned from northern Gaza along a route designated by the Israeli Army,” <https://twitter.com/TomWhiteGaza/status/1740616902282772912> according to Thomas White, the Gaza director for the United Nations Relief and Works Agency for Palestine Refugees in the Near East. No injuries were reported.
“Aid workers should never be a target,” Mr White said.
(3) Oct 7 was designed and allowed by Mossad
Israel Fooled The World In Gaza
“The Hamas attack is just not possible … it can’t be done, except if the Israeli side allowed it.”
By Dr. Ashraf Ezzat
December 28, 2023
This was not supposed to happen. Israel’s powerful military and efficient security services had Hamas bottled up, squeezed, and strangled inside the Gaza Strip.
Sure, every few years there was a so-called conflict that followed a similar pattern: an Israeli provocation, Hamas rocket attacks, ruthless Israeli air strikes, Egyptian mediation, and then quiet again.
But surprisingly and unexpectedly this time around, that pattern has changed … but why? This is the important question … and why now is even the more important question?
The old pattern always worked fine for Israel, but is that pattern not working anymore, or maybe Israel is after a bigger target … bigger than Hamas, the occupied West Bank, and the whole fake issue of resolving the Palestinian plight through raving about two-state solutions for ages now?
Gaza is the only place on earth that is referred to as a strip … what the hell is a strip …. It’s a tiny place that some humanitarians like to refer to as the largest open-air prison on earth, where in fact it should be called a Zionist concentration camp.
Whether you like to refer to the place as the strip or the open-air prison, one fact remains solid and invulnerable; Gaza is the most controlled place on earth, as it has been under complete military siege since 2007.
Gaza is under high-tech surveillance 24/7 … and if some loose surveillance and control is somehow enjoyed inside the strip of Gaza the Israeli intelligence and military surely won’t allow that flexibility along the borders of Gaza, whether it be air, sea, or land borders.
When you have cemented, electrified metal, and barbed-wire borders that are monitored every second of the day and over-secured by drones patrolling the sky of Gaza, digital surveillance cameras along the whole border with Israel, and even live satellite imaging that follows every flicker of abnormality on the Gaza/ Israel borders even if it was of a small fly.
Then breaching that impenetrable secured borders would be a joke, unbelievable joke. It would be impossible … insanely impossible, especially given the limited and primitive resources of the Palestinian fighters in Gaza.
It is just not possible … it can’t be done, except if the Israeli side allowed it.
A few hours after the Hamas attack on Israeli settlements across the Gazan circle, almost all mainstream media outlets went out and described the attack as brutal, barbaric, violent but most importantly unprovoked.
But Little did all of those media outlets know that this attack was indeed a provoked attack … only the provocateur was made to look like and appear in plain daylight as Palestinian fighters from Hamas.
But the truth of the matter is that the whole operation that Hamas pulled out with minimum or no resistance at all from Israel, was designed and allowed by the Israeli intelligence, also known as the Mossad.
The notorious Mossad is the real/hidden provocateur behind this El Aqsa flood cartoonish operation … and don’t forget that Hamas is Israel’s creation in the first place.
Some news platforms referred to the Hamas attack as Israel’s 9/11 attack … and this designation in particular carries some truth to it especially if we bear in mind the enormous worldwide investigations/probes that pointed the finger at the Israeli Mossad as the hidden provocateur behind the 9/11 attacks on the twin towers in New York back in 2001.
Some like to refer to those justified contentions and solid investigations that pointed the finger at the Israeli Mossad as the actual provocateur and designer of the 9/11 attacks as conspiracy theories. But that could not be further from the truth … even though the 9/11 attack was indeed a grand-scale conspiracy and there was a diabolic theory and plan behind it carefully designed and carried out by the Israeli Mossad.
In the 9/11 attacks, The Mossad had planned to inflict a major attack on American soil that would trigger mass political/military reaction … so much so that the American pride and sensibility would be hurt enough to compel them to go to war against whomever the intelligence might specify and target as the enemy … and as usual the US relied heavily on the Mossad intelligence, for whom could the US trust when terrorism rules except the old Israeli ally and friend embedded in the Middle East amongst terrorist neighbors, also known as the Arab countries?
So it was mostly according to Mossad’s intelligence that the mighty US army was willing to head its direction and unleash unprecedented firepower and destruction in an act of stupid and blind revenge.
Back in 2001, Israel was trying to get rid of one of the strongest armies in the Middle East and the Arab world, namely the Iraqi army.
Based on fake intelligence (mostly supplied by the Mossad) about some weapons of mass destruction … the US was blindly dragged like sheep into a war in Iraq
… killing thousands of innocent Iraqis and demolishing Saddam Hussein’s military might in a proxy war, during which thousands of American soldiers were also killed, on behalf of the Israeli army that is often known as the most moral army in the world (for they always fool some other armies and soldiers to fight their dirty battles … namely the gullible Americans)
Likewise, the ridiculously primitive Hamas attack with one singular bulldozer and a couple of air paragliders managed to breach the invincible Israeli wall and borders around Gaza … I mean where are the military/strategic analysts around the world to dig into the truth behind this charade that was dubbed “a sophisticated attack” …
The Hamas attack went unscrutinized and unanalyzed, for the mainstream media controlled by world Zionism were up and ready to sell this attack as another Yom Kippur war that was miraculously and courageously fought by Egyptian and Syrian armies to liberate the occupied land by the Israelis. In fact, no one can draw a parallel between the latest Hamas attack and the 1973 war, for it was one of the greatest liberation battles waged in the last era of traditional wars.
But this time around, the Hamas attack and incursion into Israel was more like an inside operation than a war… This means that some Israeli Mossad agents had obviously infiltrated the Gaza circle of command and convinced Hamas leaders they were giving them a strategic tip on how to breach the borders with Israel and launch their most powerful attacks ever against Israel.
So those Mossad agents let Hamas in on a plan to breach the border with Israel, and then allowed them to wreak havoc across some nearby settlements along the Gazan zone … and to make it look an authentic attack a barrage of the primitive and lovely made-in-Gaza rockets had to be launched across Israel to create a state of public terror
Once the threshold of the Hamas operation reached the level of the mainstream media-orchestrated terrorism (like the beheading of small Jewish babies … an incident that never took place except inside the Zionist mind and machine that is always working on exploiting the holocaust stereotype)
Only then the Mossad operation would be a success … and then it would only need the puppet president of the US to make the awaited statement that America stands solid ( or rather sleeps in the same bed) with Israel.
Afterward, it will be a few hours before the Zionist President Biden orders the mighty USS Gerald R. Ford aircraft to sail and anchor in front of Israel’s coastline … waiting in full military capacity and political naivety to fire and attack Israel’s next enemy on the list in the region, namely Iran.
Long live the United States of Israel
And, may god save Palestine…
(4) Guterres said UN has “neither money nor power” to prevent Genocide in Gaza
The Spark That Lit the Fire: The Untold Story of the October 7 Attacks
The Spark That Lit The Fire: The Untold Story Of The October 7 Attacks
The dramatic, earth-shattering events in Palestine starting on October 7 have taken many people by surprise. However, attentive observers were not among them.
Few expected that Palestinian fighters would be parachuting into southern Israel on October 7; that instead of capturing a single Israeli soldier – as <https://www.jewishvirtuallibrary.org/gilad-shalit> done in 2006 – hundreds of Israelis, including many soldiers and civilians, would find themselves captive in besieged Gaza.
The reason behind the ‘surprise,’ however, is the same reason that Israel is still reeling under collective shock, which is the tendency to pay close attention to political discourses and intelligence analyses of Israel and its supporters – while largely neglecting the Palestinian discourse.
For better comprehension, let us go back to the start.
The Spark
We entered 2023 with some depressing data and dark predictions about what was awaiting Palestinians in the new year.
Just before the year commenced, the United Nations Mideast envoy, Tor Wennesland, <https://www.nbcnews.com/news/world/israel-west-bank-palestinians-deadliest-year-united-nations-report-rcna54643> said 2022 was the most violent year since 2005. “Too many people, overwhelmingly Palestinian, have been killed and injured,” Wennesland <https://www.nbcnews.com/news/world/israel-west-bank-palestinians-deadliest-year-united-nations-report-rcna54643> told the UN Security Council.
This figure – 171 <https://www.aa.com.tr/en/middle-east/israeli-army-settlers-have-killed-more-palestinians-in-west-bank-since-oct-7-than-in-2022/3067197> killed and hundreds wounded in the West Bank alone – did not receive much coverage in Western media. The mounting number of Palestinian victims, however, registered among Palestinians and their Resistance movements.
As anger and calls for revenge grew among ordinary Palestinians, their leadership continued to play its same traditional role – of pacifying Palestinian calls for resistance while continuing with its ‘security coordination’ with Israel.
Palestinian Authority President Mahmoud Abbas, 88, carried on rehashing the old language about a two-state solution and the ‘peace process’ while cracking down on Palestinians who dared protest his ineffectual leadership.
Defenseless in the face of a far-right Israeli government with an open agenda to crush Palestinians, to expand illegal settlements and to prevent the establishment of a Palestinian state, Palestinians were forced to develop their defensive strategies.
The Lions’ Den – a multi-factional Resistance group that first <https://www.aljazeera.com/news/2022/10/26/who-are-the-lions-den-armed-group-in-occupied-west-bank-explainer> appeared in Nablus in August 2022 – grew in power and appeal. Other groups, old and new, emerged on the scene throughout the northern West Bank, with the single objective of uniting Palestinians around a non-factional agenda and, ultimately, producing a new Palestinian leadership in the West Bank.
These developments sounded alarm bells in Israel. The Israeli occupation army moved quickly to crush the new armed rebellion, raiding Palestinian towns and refugee camps one after the other, with the hope of turning this nascent revolution into another failed attempt to challenge the status quo in occupied Palestine.
The bloodiest of the Israeli incursions occurred in <https://www.aljazeera.com/news/2023/2/23/catastrophic-palestinians-recount-deadly-israeli-raid-on-nablu> Nablus on February 23, <https://new.thecradle.co/articles-id/6978> Jericho on August 15 and, most importantly, in the Jenin refugee camp.
The July 3 Israeli <https://www.aljazeera.com/news/2023/7/4/no-mercy-palestinians-describe-israels-deadly-raid-on-Jenin> invasion of Jenin was reminiscent, in terms of casualties and degree of destruction, of the Israeli invasion of that very camp in April 2002.
The outcome, however, was not the same. Back then, Israel had invaded Jenin, along with other Palestinian towns and refugee camps, and succeeded in crushing armed resistance for years to come.
This time around, the Israeli invasion merely ignited a broader rebellion in the Occupied Palestinian Territories, creating a further schism in the already deteriorating relationship between Palestinians, on the one hand, and Abbas and his PA, on the other.
Indeed, just days after Israel concluded its attack on the camp, Abbas emerged with thousands of his soldiers to <https://www.nytimes.com/2023/07/12/world/middleeast/mahmoud-abbas-Jenin-israel-palestinian-authority.html> warn the bereaved refugees that “the hand that will break the unity of the people .. will be cut off from its arm”.
Yet, as the popular rebellion continued to build momentum in the West Bank, Israeli intelligence reports started talking about a <https://www.i24news.tv/en/news/middle-east/palestinian-territories/1694930869-palestinian-terrorist-groups-call-for-a-new-intifada> plan composed by the deputy head of Hamas’ political bureau, Saleh Arouri, to ignite an armed Intifada.
The <https://www.palestinechronicle.com/why-israel-wants-toassassinate-saleh-al-arouri-and-how-hamas-responded/> solution, according to the Israeli newspaper Yedioth Ahronoth, citing official Israeli sources, was to kill Arouri.
Indeed, Israel’s attention and counterstrategy were focused intently on the West Bank, as Hamas, in Gaza at the time, in Israel’s viewpoint, seemed disinterested in an all-out confrontation.
But why did Israel reach such a conclusion?
Miscalculation
Several significant events, the kind that would have pushed Hamas to retaliate, have taken place without any severe armed response by the Resistance in Gaza.
Last December, Israel had <https://www.reuters.com/world/middle-east/netanyahu-set-retake-power-head-far-right-government-2022-12-29/> sworn in its most right-wing government in history. Far-right ministers Itamar Ben-Gvir and Bezalel Smotrich arrived on the political scene with the declared objectives of annexing the West Bank, imposing military control over Al-Aqsa Mosque and other Palestinian Muslim and Christian holy sites and, in the case of Smotrich, <https://www.cnn.com/2023/03/21/middleeast/israel-smotrich-palestinians-intl/index.html> denying the very existence of the Palestinian people.
Their pledges were quickly translated into action under the leadership of Israeli Prime Minister Benjamin Netanyahu. Ben-Gvir was keen on sending a message to his constituency that the seizure of Al-Aqsa Mosque by Israel had become imminent.
He repeatedly <https://www.aljazeera.com/news/2023/7/27/israels-far-right-minister-leads-incursion-of-al-aqsa-compound> raided or ordered raids on Al-Aqsa at an unprecedented frequency. The most violent and humiliating of these raids occurred on April 4, when worshippers were <https://www.aljazeera.com/news/2023/4/5/israeli-police-attack-worshippers-in-jerusalems-al-aqsa-mosque> beaten up by soldiers while praying inside the mosque during the holy month of Ramadan.
Resistance groups in Gaza threatened retaliation. Several rockets were fired from Gaza toward Israel, merely serving as a symbolic reminder that Palestinians are united, regardless of where they are in the geographic map of historic Palestine.
Israel, however, ignored the message and used the Palestinian threats of retaliation and the occasional ‘lone-wolf attacks’ – like that of <https://www.haaretz.com/israel-news/2023-08-01/ty-article/man-shot-after-suspected-shooting-attack-in-west-bank-settlement-near-jerusalem/00000189-b124-ddac-a3cd-b575ba010000> Muhannad al-Mazaraa at the illegal Maale Adumim settlement – as political capital to ignite the religious fervor of Israeli society.
Not even <https://www.aljazeera.com/news/2023/5/2/who-was-khader-adnan-the-palestinian-who-died-on-hunger-strike> the death of Palestinian political prisoner Khader Adnan on May 2 seemed to have shifted Hamas’ position. Some even suggested that there is a rift between Hamas and the Palestinian Islamic Jihad following Adnan’s death as a result of a hunger strike in the Ramleh Prison.
On the same day, the PIJ <https://www.jns.org/analysis-an-operation-that-wont-change-gaza-but-can-offer-quiet-to-the-south/> fired rockets into Israel, as Adnan was one of its most prominent members. Israel answered by attacking hundreds of targets inside Gaza, mostly civilian homes and infrastructure, which <https://www.lemonde.fr/en/international/article/2023/05/19/the-mourning-families-of-gaza-the-israelis-can-target-us-whenever-they-want_6027227_4.html> resulted in the death of 33 Palestinians and the wounding of 147 more.
A truce was <https://www.reuters.com/world/middle-east/israel-strikes-gaza-palestinians-fire-rockets-truce-bid-lingers-2023-05-13/> declared on May 13, again with no direct Hamas participation, giving further reassurance to Israel that its bloody onslaught on the Strip had achieved more than a military purpose – often referred to as ‘mowing the lawn’ – but a political one, as well.
Israel’s <https://www.ft.com/content/f1ec2502-8220-491c-95e0-5f1504ce9554> strategic estimation, however, proved to be wrong, as attested by Hamas’ well-coordinated October 7 attacks in southern Israel, targeting numerous military bases, settlements and other strategic positions.
But was Hamas being deceptive? Hiding its actual strategic objectives in anticipation of that significant event?
‘ROARING FLOOD’
A quick examination of Hamas’ recent statements and political discourse demonstrates that the Palestinian group was hardly secretive about its future actions.
Two weeks before 2023 commenced, at a Gaza rally on December 14, Hamas leader in Gaza, Yahya Sinwar, had a <https://www.reuters.com/world/middle-east/hiding-plain-sight-hamas-leader-sinwar-plotted-destruction-2023-12-01/> message for Israel: “We will come to you in a roaring flood. We will come to you with endless rockets; we will come to you in a limitless flood of soldiers … like the repeating tide.”
The immediate response to the Hamas’ attack was the predictable US-Western <https://www.state.gov/secretary-antony-j-blinken-remarks-to-the-press-on-president-bidens-upcoming-trip-to-israel-and-agreement-with-israel-to-develop-a-humanitarian-aid-plan-for-gaza/> solidarity with Israel, <https://www.charlotteobserver.com/opinion/article280598609.html> calls for revenge, the destruction and annihilation of Gaza and the revitalized plans of <https://reliefweb.int/report/occupied-palestinian-territory/urgent-action-needed-stop-forced-displacement-and-transfer-palestinians-within-gaza-and-prevent-mass-deportation-egypt> displacing Palestinians out of Gaza into Egypt – in fact, out of the <https://www.newarab.com/news/expelling-west-bank-palestinians-act-war-jordan-fm> West Bank as well, into Jordan.
The Israeli war on the Strip, also starting on October 7, has resulted in unprecedented casualties compared to all Israeli wars on Gaza, in fact, on Palestinians during any time in modern history.
Quickly, the term ‘genocide’ was being used, initially by <https://www.newarab.com/news/expelling-west-bank-palestinians-act-war-jordan-fm> intellectuals and activists and eventually by international law <https://www.un.org/unispal/document/gaza-is-running-out-of-time-un-experts-warn-demanding-a-ceasefire-to-prevent-genocide/> experts.
“Israel’s genocidal assault on Gaza is quite explicit, open, and unashamed,” associate professor of Holocaust and Genocide Studies at Stockton University, Raz Segal, <https://jewishcurrents.org/a-textbook-case-of-genocide> wrote on October 13 in an article entitled ‘A Textbook Case of Genocide.’
Despite this, the UN could do nothing. Secretary-General Antonio Guterres <https://tass.com/world/1703575> said on November 8 that the UN has “neither money nor power” to prevent a potential genocide in Gaza.
In essence, this effectively meant the disabling of the international legal and political systems, as every attempt by the Security Council to demand an immediate and permanent ceasefire has been <https://news.un.org/en/story/2023/10/1142507> blocked by the US and Israel’s other Western allies.
As the death toll mounted among a starving population in Gaza – all food deprived per the <https://www.brusselstimes.com/815966/world-food-programme-warns-of-high-risk-of-famine-in-gaza> November 28 estimation of the World Food Program – Palestinians resisted throughout the Gaza Strip.
Their resistance was not only confined to attacking or ambushing invading Israeli soldiers but was predicated on the legendary steadfastness of a population that refused to be weakened or displaced.
Sumud
This sumud (steadfast perseverance) continued, even when Israel began to <https://www.ohchr.org/en/press-releases/2023/10/gaza-un-experts-decry-bombing-hospitals-and-schools-crimes-against-humanity> systematically attack hospitals, schools, and every place that, in times of war, is seen as ‘safe places’ for a beleaguered civilian population.
Indeed, on December 3, UN Human Rights Chief Volker Türk <https://reliefweb.int/report/occupied-palestinian-territory/gaza-unbearable-suffering-civilians-demands-end-violence-turk-enar> said that “there is no safe place in Gaza.” This phrase was repeated often by other UN officials, along with other phrases such as “Gaza has become a graveyard for children,” as first <https://www.unicef.org/press-releases/gaza-has-become-graveyard-thousands-children> noted by UNICEF Spokesperson James Elder on October 31. This left Guterres with no other option but to, on December 6, <https://www.aljazeera.com/news/2023/12/7/un-secretary-general-invokes-article-99-on-gaza> invoke article 99, which allows the Secretary-General to “bring to the attention of the Security Council any matter which in his opinion may threaten the maintenance of international peace and security.”
Israeli violence and Palestinian sumud also extended to the West Bank as well. Aware of the potential for armed resistance in the West Bank, the Israeli army quickly <https://www.npr.org/2023/11/26/1215227734/since-october-7-israel-has-escalated-attacks-in-the-west-bank-where-hamas-is-abs> launched major, deadly raids on countless Palestinian towns, villages, and refugee camps, killing hundreds, injuring thousands, and arresting thousands more.
But Gaza remained the epicenter of the Israeli genocide. Aside from a brief humanitarian <https://www.cnn.com/middleeast/live-news/israel-hamas-war-gaza-news-11-24-23/index.html> truce from November 24 to December 1, coupled with few prisoner <https://www.reuters.com/world/middle-east/israel-hamas-start-first-truce-gaza-war-2023-11-24/> exchanges, the battle for Gaza -for the future of Palestine and the Palestinian people – continues at an unparalleled price of death and destruction.
Palestinians know full well that the current fight will either mean a new Nakba, like the ethnic cleansing of 1948, or the beginning of the reversal of that very Nakba – as in the process of liberating the Palestinian people from the yoke of Israeli colonialism.
While Israel is determined to end Palestinian Resistance once and for all, it is evident that the Palestinian people’s determination to win their freedom in the coming years is far greater.
Feature photo | Palestinians burn tires and wave the national flag during a protest against an Israeli military raid in the West Bank city of Jenin, along the border fence with Israel, in east of Gaza City, June 19, 2023. Fatima Shbair | AP
Dr. Ramzy Baroud is a journalist, author and the Editor of The Palestine Chronicle. He is the author of six books. His latest book, co-edited with Ilan Pappé, is ‘ <https://www.amazon.com/Our-Vision-Liberation-Palestinian-Intellectuals/dp/1949762440> Our Vision for Liberation: Engaged Palestinian Leaders and Intellectuals Speak Out.’ His other books include ‘My Father was a Freedom Fighter’ and ‘The Last Earth’. Baroud is a Non-resident Senior Research Fellow at the Center for Islam and Global Affairs (CIGA). His website is <http://www.ramzybaroud.net/> www.ramzybaroud.net
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Jan 1, 2024 – Happy New Year!
- ♫ John Dunbar Theme – Dances with Wolves
- Bones of Tomorrow, by Simplicius The Thinker
- Economics and Empires (Part 6): Downfall, by Aleks
- US And UK Military Contractors Created Sweeping Plan For Global Censorship In 2018, by Larry Johnson
- New Year Break to Contemplate Whether Ukraine and Israel Will Survive the Wars’ End, by John Helmer
- No Way to ‘Explain’ the Degree of Death and Destruction in Gaza, by Gideon Levy
- US Congress: ‘We Stand With Genocide,’ by Corinna Barnard
- Day 86: Israel Pulls out Five Brigades | Qassam Bombs Tel Aviv | Israeli Political Crisis Deepens – Palestine Chronicle
- Peter Myers Digest: Israel has started selling exploration rights to Oil & Gas fields off Gaza
- Israel is provoking the U.S. into a conflict with Iran — but the media ignores the danger, by James North
- The future looks bleak if Israel’s war on Hamas continues unabated, by Jennifer Jones
- Day 86: Israel falls into ‘serious strategic trap’ in Gaza, Netanyahu vows to fight ‘for months’ – Mondoweiss
- Russia’s Main Foreign Policy Results of 2023, by Karl Sanchez
- The Duran: Russian Diplomacy at the UN – Dmitry Polyanskiy, Alex Mercouris & G Diesen (Video)
- Reintegration Is a Natural Process for Donbass’ People – Field Report, by Lucas Leiroz
- Russia Resumes Massive Missile Strikes as Ukraine Continues to Rely on Senseless PR Stunts – The New Atlas
- Furious Russia Retaliates Belgorod Attack; Kharkov Attack; Bogdanovka Captured; MidEast War Looms (Mercouris Podcast)
- Xi Jinping reveals China’s push for global power after rare closed-door meeting on foreign policy
- China Writers Pepe Escobar and Kwan Lee, guests Ben Tóth and Brett Redmayne-Titley, by Jeff Brown
- Setting Up White Gentiles for Genocide, by Paul Craig Roberts
- Ukraine War Day #676: “Did you jump high enough?” by yalensis
- The World Has Lost John Pilger
- End of 2023 Roundup – Update on the War’s Technological Progress, by Simplicius The Thinker
- American Playwright Punished in Berlin, by John Leake
- ☕️🎉 A BIG THEORY ☙ Sunday, December 31, 2023 ☙ C&C NEWS 🎉🦠, by Jeff Childers
- DC Establishment Deeply Concerned That Trump May Have Copies Of His Declassified Binder, by Jeff Carlson
- New Year’s Address, And new episodes of Black Mountain Talks, by Aleks
- Study Finds COVID Vaccination Independently Associated With Long COVID Syndrome, by Megan Redshaw
- ‘Experts’ Say New COVID Strain Will Cause Global “Heart Failure Pandemic,” by Paul Joseph Watson
- New Year’s Day Special with Film Director Martin Brest, by Chris Hedges (Video)
- In the days of auld lang syne… by Gilbert Doctorow
- Climate Scientists Say We Should Embrace Higher CO2 Levels, by Katie Spence
- Grail Knights of Mithra: Solar Cults from Rome to the New British Empire, by Matthew Ehret
- U.S. homelessness up 12 percent to highest reported level as rents soar and pandemic aid lapses
- Glimpses from a Season in my Life, for Real, by Naomi Wolf
- The probability of coincidences, by Norman Fenton
- BBC Disinfo Reporter to go on Climate Course Funded by Green Billionaires, by Chris Morrison
- BLM Garden in Seattle Closed Because of Violence, Drug Use, Vandalism and Rodents, by Paul Kersey
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Peter Myers Digest: Zoltan Pozsar: Dusk of the Petrodollar, Dawn of the Petroyuan
(1) Zoltan Pozsar: Dusk of the Petrodollar, Dawn of the Petroyuan(2) Globalists plot to vest permanent power in WHO, via InternationalHealth Regulations (IHR)(3) Dr. Astrid stuckel Berger: the WHO, the UN and its Plan for a globalcoup d’état(1) Zoltan Pozsar: Dusk of the Petrodollar, Dawn of the PetroyuanWar and Commodity EncumbranceZoltan PozsarA recurring theme in my dispatches this year has been that in a momentwhen the world is going from unipolar to multipolar, the actions ofheads of state are far more important than the actions of central banks.That is because heads of state lead, their actions affect inflation, andcentral banks merely follow by hiking rates to “clean up”. Central bankswill be behind the curve in this game, and if investors read only thespeeches of central bankers but not statesmen, they will be even morebehind the curve. The multipolar world order is being built not by G7heads of state but by the “G7 of the East” (the BRICS heads of state),which is a G5 really but because of “BRICSpansion”, I took the libertyto round up.The special relationship between China and Russia has a financial agendato it, and what President Xi and President Putin say about the future ofmoney – that is, the future they envision – matters for the future ofthe U.S. dollar and liquidity in the U.S. Treasury market. Their actionsare forging something new:Bretton Woods III is slowly taking shape, and in light of developmentsto date, my motto for Bretton Woods III – “our commodity, your problem”– remains apt.President Xi’s visit with Saudi and GCC leaders marks the birth of thepetroyuan and a leap in China’s growing encumbrance of OPEC+’s oil andgas reserves: with the China-GCC Summit, China can claim to have built a“special relationship” not only with the “+” sign in OPEC+ (Russia), butwith Iran and all of OPEC+…President Xi’s visit was the very first China-Arab States Summit inhistory, and echoes FDR’s meeting with King Abdul Aziz Ibn Saud onValentine’s Day 1945 aboard an American cruiser, the USS Quincy. Fixedincome investors should care– not just because the invoicing of oil in renminbi will hurt thedollar’s might, but also because commodity encumbrance means moreinflation for the West.–Here are the key parts from President Xi’s speech at the China-GCCSummit (all emphasis with orange underlines are mine): “In the nextthree to five years, China is ready to work with GCC countries in thefollowing priority areas: first, setting up a new paradigm ofall-dimensional energy cooperation, where China will continue to importlarge quantities of crude oil on a long-term basis from GCC countries,and purchase more LNG. We will strengthen our cooperation in theupstream sector, engineering services, as well as [downstream] storage,transportation, and refinery. The Shanghai Petroleum and Natural GasExchange platform will be fully utilized for RMB settlement in oil andgas trade, […] and we could start currency swap cooperation andadvance the m-CBDC Bridge project.Let’s dissect President Xi’s comments bit by bit, and color them withother pieces of information as we go along. First, what is the“duration” of this theme?It’s pretty short: in the words of President Xi, “the next three to fiveyears”. In market terms, that means that five-year forward five-yearinflation breakevens should be discounting a world in which oil and gasis invoiced not only in dollars but also renminbi, and in which some oiland gas is not available for the West at low prices (and in dollars)because they have been encumbered by the East.But it does not appear that breakeven expectations reflect anything likethat…My sense is that the market is starting to realize that the world isgoing from unipolar to multipolar politically, but the market has yet tomake the leap that in the emerging multipolar world order,cross-currency bases will be smaller, commodity bases will be greater,and inflation rates in the West will be higher…Inflation traders should be paranoid, not complacent. As Andy Grovesaid, “only the paranoid survive”, but when I asked a small group ofinflation traders over dinner in London this summer about how the market(they) comes up with five-year forward five-year breakevens, I did notsense any degree of paranoia in their answer: “there is no top-down orbottom-up work that we do to come up with our estimates; we take centralbanks’ inflation targets as a given and the rest is liquidity”.Inflation breakevens do not seem to price any geopolitical risk.Second, “paradigm” in “a new paradigm of all-dimensional energycooperation” is a symbolic word. The meeting between FDR and King AbdulAziz Ibn Saud was a new paradigm too: the U.S.’s security guarantees forthe kingdom for access to affordable oil supplies. Over time, theparadigm boiled down to this:the U.S. imported oil and paid for it with U.S. dollars, which SaudiArabia spent on Treasuries and arms and recycled the leftovers asdeposits in U.S. banks. (In the wake of the OPEC shocks of the 1970s,that recycling of petrodollars led to the Latin American debt crisis inthe 1980s.) The old paradigm worked……until it didn’t:the U.S. is now less reliant on oil from the Middle East owing to theshale revolution, while China is the largest importer of oil; securityrelations are in flux (see here): Saudi holdings of U.S. Treasuries andbank deposits are down as the kingdom went from funding the U.S.government and banks to owning equity in firms; and the Saudi crownprince said recently that the kingdom could reduce its investments inthe U.S. (see here). Similar patterns hold in other GCC countries.The “new paradigm” between China, Saudi Arabia, and GCC countries isfundamentally different from the one struck aboard USS Ouincy. Naturallyso, as China is now dealing with a rich Middle East, whereas FDR wasdealing with a Middle East that had just started to develop. Withwealth, power and priorities shift:back then, “liquidity and security” were more important for an emergingregion; today, “equity and respect” are more importantforwhat has becomean eminent region.That is what China offered: “all-dimensional energy cooperation” meansnot just taking oil for cash and arms but investing in the region in the“downstream sector” and leveraging the regional know-how for cooperationin the “upstream sectors” -“upstream” could potentially mean the jointexploration of oil in the South China Sea.Furthermore, Xi’s “all-dimensional energy cooperation” also meansworking in cooperation on the “localized production of new energyequipment” (see here).Put differently, “oil for development” (plants and jobs) crowded out“oil for arms” – the Belt and Road Initiative met Saudi Arabia’s Vision2030 in a big win-win…Third, the “newparadigm” will not be funded with U.S. dollars:President Xi noted that “the Shanghai Petroleum and Natural […] willbe fully utilized for RMB settlement in oil and gas trade”. PresidentXi’s comments that “China will continue to import large quantities ofcrude oil on a long-term basis from GCC countries, and purchase moreLNG” underscores the gravity of the underlined quote: combined, the twobasically say that China, already the largest buyer of oil and gas fromGCC countries, will buy even more in the future, and wants to pay forall of it in renminbi over the next three to five years.Again, think of the timing of this statement in a diplomatic sense:President Xi communicated his message on “renminbi invoicing” not duringthe first day of his visit – when he met only the Saudi leadership – butduring the second day of his visit – when he met the leadership of allthe GCC countries – to in part signal … GCC oil flowing East +renminbi invoicing = the dawn of the petroyuan.Good morning!Given the scope of priority areas in which China plans to work with GCCcountries -the sale of clean energy infrastructure, big data and cloudcomputing centers, 5G and 6G projects, and cooperation in smartmanufacturing and space exploration as per Xi’s speech – there will bemany avenues through which GCC countries will be able to decumulate therenminbi they earn from selling oil and gas to China.And if, perish the thought, any GCC country were to accumulate somesurplus cash in “non-convertible” renminbi, just as President Xi’s planewas landing in Riyadh, the PBoC revealed that during 2022, it hadre-started gold purchases with gusto.Why do China’s gold purchases matter in the context of renminbi settlement?Because at the 2018 BRICS Summit, China launched a renminbi-denominatedoil futures contract on the Shanghai International Energy Exchange, andsince 2016 and 2017, the renminbi has been convertible to gold on theShanghai and Hong Kong Gold Exchanges, respectively. Not a bad deal,this renminbi…Paraphrasing Forrest Gump, “you can spend it on solar panels, windturbines, data centers, telecommunications equipment, or space projectsto create jobs, or you can just recycle it at some bank or just convertit to good old gold bars. Money is as money does, and convertibility togold beats convertibility to dollars”.President Xi’s “three- to five-year horizon” means that by 2025, the GCCmay be paid in renminbi for all of the oil and gas that they will beshipping east to China.Fourth, “plumbing” references in Xi’s speech add further gravity to theabove…When was the last time you heard a head of state talk about swap linesand central bank digital currencies (CBDC)? And not just any CBDC, but aspecific one: “the m-CBDC Bridge project”.The m-CBDC Bridge project, or as the BIS likes to refer to it, ProjectmBridge. is a masterclass in plumbing: undertaken by the PBoC. the Bankof Thailand, the HKMA, and the Central Bank of the United Arab Emirates,the project enables real-time, peer-to-peer, cross-border, and foreignexchange transactions using CBDCs, and does so without involving theU.S. dollar or the network of Western correspondent banks that the U.S.dollar system runs on. Pretty interesting, no?In a very Uncle Sam-like fashion (see here!. China wants more of theGCC’s oil, wants to pay for it with renminbi, and wants the GCC toaccept e-renminbi on the m-CBDC Bridge platform, so don’t hesitate –join the mBridge fast train…And finally, President Xi’s reference to starting “currency swapcooperation”, reminded me of using swap lines as analogues of theLend-Lease agreement whereby the U.S. lent dollars to Britain to buyarms to fight Germany during WWII:now we fight climate change and if you don’t earn renminbi to buildNEOM. no problem at all, we can swap your local currency for my localcurrency whereby I lend you some renminbi and then you can buy the stuffyou need, and when you will start selling me oil for renminbi, you canpay off the swap lines. All I care about is that you don’t pay forimports from me in U.S. dollars, because I have enough U.S. dollarsalready and I don’t want to add to my sanctions risk.The “m-CBDC Bridge project” offers further leads down the monetaryrabbit hole:I didn’t understand “why” when I first read about Russia requesting oilpayments from India in United Arab Emirates dirhams, but now I do:dirhams “appeal” to Russia because the Central Bank of the UAE is amember of m-CBDC Bridge, and so dirhams can be sold for renminbi usingcentral bank digital currencies and thus away from the Western bankingsystem. This does not necessarily have to go through the m-CBDC Bridgeproject per se, but the existence of it implies that some CBDCs arealready interlinked to facilitate interstate payments “off the Westernsystem”. Then, perhaps inspired by Russia’s payment request, on December6th, Bloomberg ran a story about India and the UAE working on arupee-dirham payment mechanism to bypass the U.S. dollar in bilateraltrade, a mechanism that will include payments for oil and gas purchasesfrom the UAE.Do take a step back and consider… that since the beginning of thisyear, 2022, Russia has been selling oil to China for renminbi, and toIndia for UAE dirhams; India and the UAE are working on settling oil andgas trades in dirhams by 2023; and China is asking the GCC to “fully”utilize Shanghai’s exchanges to settle all oil and gas sales to China inrenminbi by 2025. That’s dusk for the petrodollar…… and dawn for the petroyuan. Now on to the topic of commodityencumbrance.In money and banking, the word “encumbrance” is typically used in thecontext of transactions involving collateral: if collateral is pledgedto a specific trade, it’s referred to as “encumbered”, which means itcan’t be used to do other trades. If encumbrance becomes extreme,collateral gets scarce, which typically shows up as interest rates onscarce pieces of collateral trading deeply below OIS rates…Under Bretton Woods III, a system in which commodities are collateral,encumbrance means that commodities can get scarce in certain parts ofthe world – and that scarcity shows up as inflation “printing” farinflation targets…To see what encumbrance means in the context of the oil and gas marketstoday, let’s start with the geographic scope of OPEC+, that is, OPECplus Russia: the original founding members of OPEC were the IslamicRepublic of Iran, Iraq, Saudi Arabia, Kuwait, and Venezuela in 1960,which were later joined by Qatar (1961), Indonesia (1962), Libya (1962),the United Arab Emirates (1967), Algeria (1969), Nigeria (1971), Ecuador(1973), Gabon (1975), Angola (2007), Equatorial Guinea (2017), and Congo(2018). Russia joined OPEC in 2016 – a union that forged OPEC+. Think ofOPEC+ as follows: Russia, Iran, the GCC, Latin American producers, NorthAfrican producers, West African producers, and Indonesia. I left outIraq, where ISIS is complicating the overall picture, but the rest ofthe groupings show how China is starting to dominate OPEC+:First, Russia and China have their famous special relationship, andsince the outbreak of hostilities in Ukraine, China has been paying forRussian oil in renminbi at a steep discount. As President Putinremarked. “China drives a hard bargain”.Second, Iran and China have also had a special relationship since March27, 2021 – the Comprehensive Strategic Partnership – a 25-year “deal”under which China committed to invest $400 billion into Iran’s economyin exchange for a steady supply of Iranian oil at a steep discount. Thedeal included $280 billion toward developing downstream petrochemicalsectors (refining and plastics) and $120 billion toward Iran’stransportation and manufacturing infrastructure. Specifically, under theagreement, “China will be able to buy any and all Iranian oil, gas, andpetrochemical products at a minimum guaranteed discount of 12 percent tothe six-month rolling mean price of comparable benchmark products, plusanother 6 to 8 percent on top for risk-adiusted compensation” (seehere). This means that Iran is selling its oil to China at about thesame price as Russia, or maybe in reverse, as the Iran deal predates thepost-Ukraine prices for Russia!Third, Venezuela has been accepting payments for oil in renminbi since2019 (see here) and has also been selling oil to China at steepdiscounts (see here).Fourth, Xi’s GCC “pitch” was similar to the Comprehensive StrategicPartnership with Iran – investments in downstream petrochemicalprojects, manufacturing, and infrastructure – plus some highervalue-added projects for Saudi Arabia to aid Riyadh’s Silicon Valleyaspirations. Because the GCC aren’t sanctioned, China didn’t ask for anysteep discounts, but it did ask for renminbi settlement.Let’s stop here for a moment. Russia, Iran, and Venezuela account forabout 40 percent of the world’s proven oil reserves, and each of themare currently selling oil to China for renminbi at a steep discount. TheGCC countries account for 40 percent of proven oil reserves as well –Saudi Arabia has a half of that, and the other GCC countries the otherhalf – and are being courted by China to accept renminbi for their oilin exchange for transformative investments – the “newparadigm” wediscussed above. To underscore, the U.S. has sanctioned half of OPECwith 40 percent of the world’s oil reserves and lost them to China,while China is courting the other half of OPEC with an offer that’s hardto refuse…The remaining 20 percent of proven oil reserves are in North and WestAfrica and Indonesia. Geopolitically, North Africa is dominated byRussia at present (see here). West Africa by China, and Indonesia hasits own agenda (see below).Commodity encumbrance here means that over the next “three to fiveyears”, China will not only pay for more oil in renminbi (crowding outthe U.S. dollar), but new investments in downstream petrochemicalindustries in Iran, Saudi Arabia, and the GCC more broadly mean that inthe future, much more value-added will be captured locally at theexpense of industries in the West. Think of this as a “farm-to-table”model: I used to sell my chicken and vegetables to you, and you soldsoup for a markup in your five-star restaurant, but from now on, I’llmake the soup myself and you’ll get to import it in a can – my oil, myjobs, your spend, “our commodity, vour problem. “Our commodity, ouremancipation”.Commodity encumbrance has had its first major casualty in Europealready: BASF’s decision to permanently downsize its operations at itsmain plant in Ludwigshafen and instead shift its chemical operations toChina was motivated by the fact that China is securing energy atdiscounts, not markups like Europe.Collateral encumbrance means encumbrance from the perspective of someonepledging collateral to a dealer. Dealers in turn rehypothecate pledgedcollateral.Commodity rehypothecation will work the same way: heavily discounted oiland locally produced chemicals invoiced in renminbi mean encumbrance bythe East, and the marginal re-export of oil and chemicals also forrenminbi to the West means commodity rehypothecation for a profit, i.e.,an “East-to-West” spread…We are starting to see examples of commodity rehypothecation already:China became a big exporter of Russian LNG to Europe, and India a bigexporter of Russian oil and refined products such as diesel to Europe(see here and here).We should expect more “rehypothecation” in the future across moreproducts and invoiced not just in euros and dollars, but also renminbi,dirhams, and rupees.But commodity encumbrance has a darker, “institutional” aspect to it too…What I described above is a de facto state of affairs, in which Russia,Iran, and Venezuela have effectively pledged their resources to theBRICS and BeltandRoad “cause”, and China is courting the GCC to do thesame under a “new paradigm”.But there is also a de jure version of the commodity encumbrance theme,and here is where a recent speech by President Putin comes in. On June22, 2022, at the BRICS Business Forum – a WEF-like meeting of the “G7 ofthe East” – President Putin noted that “the creation of an internationalreserve currency based on a basket of currencies of our countries isbeing worked on” (see here).This “reserve currency project” took off after China failed to reformthe SDR, and its antecedents were chronicled in a recent book by Zoe Liuand Mihaela Papa: Can the BRICS De-Dollarize the Global Financial System(see here). The book was funded by the Rising Power Alliances Project atthe Fletcher School of Tufts University, which in turn was funded by theU.S. Department of Defense.It would seem to me that if the DoD has a keen interest in the topic ofde-dollarization, market participants should have one as well, andshould also add commodity encumbrance to the list. Now back to Putin’s“BRICS coin” idea…When a G7 rates strategist or trader starts looking at the “G7 of theEast”, he or she will realize that institutions and people aredifferent, but they do exist.Regarding the development of an “international reserve currency” a lathe SDR, Sergei Glazyev has been in charge. Since 2019, Glazyev has beenserving as minister in charge of integration and macroeconomics of theEEC, that is, the Eurasian Economic Commission. He strikes me as someonesimilar to Liu He. who President Xi introduced to a former U.S. nationalsecurity advisor saying: “This is Liu Fie. Fie is very important to me”.Given his recent progress report on “BRICS coin”, Sergei Glazyev seemsto be very important to President Putin.Regarding “institutionalized commodity encumbrance”, the comments Icould find about the “BRICS coin” project from Glazyev revolve aroundthe methodology to determine the weight of each participating currencyin the “coin”. Specifically:“should [a nation] reserve a portion of [its] natural resources for thebacking of the new economic system, [its] respective weight in thecurrency basket of the new monetary unit would increase accordingly,providing that nation with larger currency reserves and credit capacity.In addition, bilateral swap lines with trading partner countries wouldprovide them with adequate financing for co-investments and tradefinancing” (see here). Hm. Swap lines again to facilitate trade andinvestments, and a de jure vision for commodity encumbrance in exchangefor boosting a country’s “credit line” in an alternative economic system.It seems to me that “new paradigms” come in pairs…Attention needs to be paid to the goings-on of the global East andSouth, especially given that this year Saudi Arabia, Turkey, and Iranhave all started their application to the BRICS (see here). Furthermore,following this year’s Shanghai Cooperation Organization (SCO) Summit inSamarkand, the SCO– “the NATO of the East” – granted dialogue partner status to “half the GCC”–– Saudi Arabia and Qatar – and started procedures to admit Iran as amember…–In Riyadh, President Xi referred to “a garden of civilizations” in thecontext of the Belt and Road Initiative (see here). Unless they involveAdam, Eve, and a snake, gardens typically refer to a happy and peacefulplace. Now consider that if Russia and Iran get along, China and Iranget along, Russia and Saudi Arabia get along, and China and Saudi Arabiaget along, then the foreign ministers of Saudi Arabia and Iran engagingin what the FT called “friendly talks” last week (see here) means moremomentum for Belt and Road, BRICS+, and “BRICS coin”.Indeed, for the Belt and Road Initiative to work, the region has to be apeaceful “garden of civilizations”, and for “the enemy of my enemy is myfriend” to work, a Great Power needs to befriend the enemy of a rivalGreat Power. But that strategy is increasingly hard to implement in theMiddle Eastern “region” of the Belt and Road Initiative (BRI): the greatpowers of the Eurasian landmass – China and Russia – are bound by a“special relationship”, and each of them have good a relationship witheach of the great powers of the Middle East, and all of them have muchto gain from building a new economic and monetary system.The China-GCC Summit is one thing, and China’s strategic partnershipwith Iran is another, but both Saudi Arabia and Iran applying to pillarinstitutions of the multipolar world order – BRICS+ and the SCO – at thesame exact time, plus the idea of “BRICS coin” as a commodity-weightedneutral reserve asset that encourages members to pledge theircommodities to the BRICS “cause”, should have G7 bond investorsconcerned, because these trends may keep inflation from slowing andinterest rates from falling for the rest of this decade.Finally, the de facto and de jure commodity encumbrance themes describedabove have an even graver inflationary undertone if you consider thefollowing:over the past decade, all growth in global oil production came from U.S.shale and other non-conventional sources such as Canadian tar sands. Weknow from official comments following President Biden’s visit to SaudiArabia that the kingdom is currently “pumping” at capacity and will beable to boost output by only one million barrels per day by 2025 andthen “no more”. In light of that, consider that production from shalefields has peaked and recall some recent comments from the largest shaleoperator in the U.S. that more drilling would harm the shale industry(see here). It appears to me that unless the U.S. nationalizes shale oilfields and starts to drill for oil itself to boost production, over thenext three to five years, we’re looking at an inelastic supply of oiland gas….. .and of that inelastic supply:(1) China will get a bigger share at a discount, invoiced in renminbi.(2)(3) China will export more downstream products at a wider margin, and…(4)(5) China will lure more firms like BASF with discounted energy bills.(6)(7) Iran, with Chinese capital, will do more downstream exports too, and…(8)(9) GCC countries, with Chinese capital, ditto, most likely for renminbi.(10)The “new paradigm”, as I see it, comes with a theme of “emancipation”:both sanctioned and non-sanctioned members of OPEC, with Chinesecapital, are going to adopt the “farm-to-table” model in which they willnot just sell oil but will also refine more of it and process more of itinto high value-added petrochemical products. Given supply constraintsover “the next three to five years”. this will likely be at the expenseof refiners and petrochemical firms in the West, and also growth in theWest. All this means much less domestic production and more inflation assteadily price-inflating alternatives are imported from the East.And this is not just about oil and gas…Earlier this year, President Widodo of Indonesia (an OPEC member since1962) called for an OPEC-style cartel for battery metals for EVs.Resource nationalism is in the air, but markets don’t seem to price itas a potential driver of inflation.Considerthat shortly after President Widodo floated his ideaon October30, 2022, on November 15, 2022, the G7 gave lndonesia $20 billion tomove away from coal (see here). Then, on December 14, 2022, the G7 gaveVietnam $15 billion too (see here) to do the same. Great Powers arespending a lot to keep commodities and friend-shoring locations in theirorbit at affordable prices. One would suspect these “outlays” are a partof the G7’s $600 billion earmarked to counter China’s Belt and RoadInitiative (see here). Here is the point: major amounts of money arebeing mobilized to cut off big, fat tail risks to inflation, and tore-emphasize……five-year forward five-year breakeven inflation expectations do notprice geopolitical risk. I also believe that most inflation traders maynot appreciate that the future path of inflation in the West is being“bought” in $15 to $20 billion “clips” one commodity and one region at atime – commodity encumbrance is a real risk.Commodity encumbrance cuts in the other direction too…Consider that on November 3, 2022, Canada ordered three Chinese firms toexit lithium mining (see here). In simple terms, commodity encumbrancemeans……a total war for the control of commodities.President Xi’s “next three to five years” of implementing the “newparadigm” and the risks of resource nationalism and “BRICS coin” meansthis for G7 rates:when you look at the yield curve and think about the five-year sectionand then the forward five-year section, by the time the forwardfive-year section starts, President Xi may have accomplished his “nextthree- to five-year” goal of paying for China’s oil and gas importsexclusively in renminbi and may have advanced commodity encumbrance bydeveloping downstream petrochemical industries in the Middle East“region” of Belt and Road and also the rollout of “BRICS coin”.I don’t think five-year forward five-year rates are pricing the futurecorrectly: breakevens appear to be blind to geopolitical risks and thelikelihood of the above.If the above scenario won’t come to pass, it will be due to a big,global fight…But a fight like that takes time to conclude, and in its wake, forwardfive-years should still be different. Or maybe not, if yield curvecontrol funds reconstruction, but under that scenario, bond investorswill be subject to financial repression…Five-year forward five-year breakeven inflation expectations now makelittle sense. For two generations of investors, geopolitics did notmatter. This time is different: it’s time to get real and it’s time tostart pricing the secular end of “lowflation”…Recognize two things: first, that inflation has been driven bynon-linear shocks (a pandemic; stimulus; supply chain issues involvinglaptops, chips, and cars; post-pandemic labor shortages; and then thewar in Ukraine), and second, that inflation forecasts treat geopoliticsin the reaiview mirror. Don’t be too DSGE……think about inflation with geopolitics, resource nationalism, and“BRICS coin” in mind as the next set of non-linear shocks that will keepinflation above target, forcing central banks to hike interest ratesabove 5% and keep them high as they……”clean up” the inflation mess caused by Great Power conflict.This year was just the beginning. Next year sets the stage for BRICS andthe BRI: in April. China will host the fourth Belt and Road Forum (theWEF of the East). Following forums in 2017 and 2019, but not 2021 due toCovid, the coming forum will be hosted by a China that, while inlockdown, forged a bond with all of OPEC+.(2) Globalists plot to vest permanent power in WHO, via InternationalHealth Regulations (IHR)Bill Gates Global Takeover Is OfficialPublished: December 26, 2022 in Health News by 1news.info.The WHO is actually a specialized agency within the United Nations. Itwas initially established in 1948 to “further international cooperationfor improved public health conditions,” but we can now see that thelong-term goal of the WHO is to serve as a foundation or hub for a oneworld government under the auspice of coordinating and ensuring globalbiosecurity.This becomes self-evident when you review the proposed amendments1 tothe existing International Health Regulations (IHR) and the new pandemictreaty, which Nass and Corbett review in the featured video.I also provided details about the treaty in “What You Need to Know Aboutthe WHO Pandemic Treaty.” Below, I will primarily focus on the proposedamendments to the International Health Regulations (IHR).Health Regulation Amendments Will Legalize TyrannyIn a December 16, 2022, Substack article,2 James Roguski also reviewedhow a temporary crisis (the COVID-19 pandemic) — which, by the way, islong since over — is being used by the WHO to seize permanent power.The WHO’s ‘recommendations’ are legally binding by all member states,and supersede all national and state laws, including the U.S. Constitution.Here’s a quick overview of some of the most dangerous and egregious IHRamendments they intend to implement, and what it will mean for you andI. For additional details, see the three references listed here:3,4,5Eliminating the concepts of respect for human dignity, human rights andfundamental freedoms — The first principle in Article 3 of the originalIHR states that health regulations shall be implemented “with fullrespect for the dignity, human rights and fundamental freedoms of persons.”The proposed amendment to this Article will strike “with full respectfor the dignity, human rights and fundamental freedoms of persons.” Now,health regulations will be based on “principles of equity, inclusivityand coherence” only.What does that mean? Think “You must wear a mask/socialdistance/isolate/get jabbed to protect others,” even if you’re not sick,or for whatever reason don’t want to do any of those things.Autonomy over your body will be eliminated. You’ll have no right to makepersonal health decisions. Even if you suspect you might die from theintervention, you have to comply because it’s all about what’s “best”for the collective.Individuals won’t matter. Human dignity will not be taken intoconsideration. Human rights will not be taken into consideration, andneither will the concept that human beings have fundamental freedomsthat cannot be infringed.Another amendment is that public health measures will no longer be aimedat achieving “the appropriate level of health protection.” Instead, thenew objective will be to attain the “highest achievable level of healthprotection” without any consideration of proportionality. It’s easy tosee how this amendment will be used as justification for the removal ofindividual rights and freedoms.Dictatorial powers will be given to the director-general of the WHO —The director-general will have sole power to declare the beginning andend of a public health emergency of international concern (PHEI), andthe sole power to dictate responses (including travel restrictions, maskmandates, lockdowns, business closures and vaccine requirements), andthe allocation of resources to that PHEI, including funding and whatdrugs are to be manufactured and used.These dictates will override and overrule any and all national lawswithin member states, including the U.S. Constitution.The obligations under the amended IHR are legally binding, and anymember nation that refuses the director-general’s recommendations can bepunished through a variety of mechanisms, including economic sanctionsand embargoes. Note that the term “recommendation” is defined as“legally binding,” which means they’re actually dictates, not suggestions.Dictatorial powers will be given to unelected regional directors of theWHO — Similarly, appointed (not elected) regional directors will havethe power to determine what constitutes a public health emergency ofregional concern (PHERC), and their decisions will also overrule allother laws and Constitutional rights.Eliminating privacy rights — One of the amendments (page 25) authorizesthe disclosure of private and personal data, including genomic data,“where essential for the purposes of assessing and managing a publichealth risk,” i.e., contact tracing and related efforts.Expanding censorship — The WHO will “strengthen capacities to … countermisinformation and disinformation” at the global level. In other words,censorship of information will be expanded. The WHO will dictate what“truth” is, and since its decisions are legally binding, countries mustenforce compliance.Mandating vaccine passports and digital IDs globally — The IHRamendments will also give the WHO the power to mandate the use of“health certificates,”6 i.e., vaccine passports. The vaccine passport,in turn, will operate as your digital identification, which will be tiedto every aspect of your life, including your bank accounts and socialcredit score.In short, it will usher in a surveillance and forced compliance system.The G20 also recently declared that digital vaccine passportsstandardized by the WHO will be part of international pandemicprevention and response moving forward.The Trail of CorruptionEver since its founding in 1948, the WHO has been infiltrated byindustry. From Big Tobacco to the nuclear industry and pharmaceuticals,industry has historically dictated the WHO’s global agenda and continuesto do so in the present day, putting profits and power ahead of publichealth.7In April 2020, then-President Donald Trump suspended U.S. funding to theWHO,8 but then directed the U.S. funding for WHO to GAVI, which is aGates controlled charity that likely just sent the funds to WHO.President Joe Biden restored U.S. funding once he took office.9The Bill & Melinda Gates Foundation even before Trump pulled funding wasstill the WHO’s No.1 funder, as Gates contributes via multiple avenues,including the Bill & Melinda Gates Foundation, the vaccine allianceGAVI, the Strategic Advisory Group of Experts (SAGE), UNICEF and RotaryInternational.Gates contributes such a large portion — currently about $1 billion ofthe WHO’s $4.84 billion biennial budget10 — that Politico in 2017 wrotea highly-critical article11 about his undue financial influence over theWHO’s operations, which Politico said was causing the agency to spend:“… a disproportionate amount of its resources on projects with themeasurable outcomes Gates prefers … Some health advocates fear thatbecause the Gates Foundation’s money comes from investments in bigbusiness, it could serve as a Trojan horse for corporate interests toundermine WHO’s role in setting standards and shaping health policies.”Indeed, as noted by Robert F. Kennedy Jr. in his book “Vax-Unvax,”12“The sheer magnitude of his foundation’s financial contributions hasmade Bill Gates an unofficial — albeit unelected — leader of the WHO.”And, in that role, Gates is able to ensure that the decisions the WHOmakes end up profiting his own interests and those of his Big Pharmapartners.A ‘One World’ Health PlanIn October 2022, the WHO announced a new initiative called One HealthJoint Plan of Action. The plan was launched by the Quadripartite, whichis made up of:Beyond the amendments to the IHR, this initiative will also expand theWHO’s powers. The One Health Joint Plan of Action combines multipleglobalist organizations and synchronizes their plans, while at the sametime combining their resources and power to create a centralized globalsuperpower.Decentralized health care and pandemic planning make sense, as bothmedicine and government work best when individualized and locallyoriented. As it stands, however, the opposite global agenda is beingimplemented.While the Pandemic Treaty and the IHR amendments expand and centralizepower over human health with the WHO, the One Health Joint Plan expandsthe WHO’s power to also address “critical health threats” to animals,plants and the environment.When you add that together with the planned elimination of human rights,you can see how the One Health Joint Plan can be used to enforce climatelockdowns, for example, or travel restrictions to protect wildlife orthe environment. To learn more about this plan, see my previous article,“WHO Assembles Superpowers With ‘One Health Plan.'”Jeremy Farrar Selected To Be WHO’s Chief ScientistDecember 13, 2022, the WHO announced that Sir Jeremy Farrar, head of theWellcome Trust, has been chosen as its new chief scientist.13 Theannouncement came mere days after the publication of Dr. Anthony Fauci’sdeposition transcript,14 which showed he and Farrar colluded to suppressdiscussion about SARS-CoV-2 origin. …Agenda 21 is based on the ideology of “communitarianism,” which arguesthat “an individual’s rights should be balanced against rights of thecommunity.” Community, however, in the mind of the globalists, is madeup of NGOs, corporations and government, which are to dictate whathappens around the world. The people are not really part of the equation.So, the communitarianist philosophy of Agenda 21 and the IHR amendmentthat removes human rights and freedoms come together like two pieces ofa puzzle. The WHO’s biosecurity powers can then be used to pave the wayfor the more freedom-robbing aspects of Agenda 21.(3) Dr. Astrid stuckel Berger: the WHO, the UN and its Plan for a globalcoup d’étatAstrid stuckel BergerFriday, 23. December 202218. AZK – Dr. Astrid stuckel Berger, “The WHO, the UN and its Plan for aglobal coup d’état against our freedoms”As a longtime WHO collaborator Dr. Astrid stuckel Berger has witnessedfirst-hand how the top health authority, the world works. The grievancesin the WHO became internationally well-known Whistleblower. In her talk,she describes how she taught at the WHO, that, in the event of apandemic, the human rights respected, no panic, stoked, and in any casea Lockdown should be imposed. However, as in the case of Corona theexact opposite occurred, have you understood, that there is adictatorship was in preparation. You will hear your excitingrevelations. [read more]Introduction by Ivo SasekAnd I say, the last speaker, she is a charming and highly competentWhistleblower. And I’ll tell you the WHO and the United Nations have tofear every reason to be this Lady now, not because she is dressed as aTiger, but because they will Express themselves fearlessly to the topicyou will talk about – and listen well to the title, there is already somuch in it: “The WHO, the UN and its Plan for a global coup d’étatagainst our freedom”. We welcome with great thanks and admiration forthis brave woman, woman doctor, Astrid stuckel Berger. Thank you thatyou are there, we see a brief summary of your resume. Please be nice.Dr. Astrid Stuckel BergerPrivate lecturer and a PH-service [explanation: a doctoral degree inEnglish-speaking countries] Dr. Astrid stuckel Berger has developed overthe years into an internationally recognized expert on global publichealth and health policy issues. She has more than 25 years ofexperience as a researcher and trainer in the field of public health atthe medical faculty of the University of Geneva and as a Professor atuniversities in Switzerland and abroad. In addition to WHO she isco-founder and current President of the Geneva International Network onAgeing (GINA), as well as former Chairman of various NGO committees atthe United Nations, where she represents since 2002, an academic, anAmerican NGO. Within the United Nations, she worked three years, and inparticular with the WHO, to schools, to the Minister of health andepidemiological centers of the regional offices in the implementation ofthe new international health regulations, and in dealing withemergencies of international importance, such as pandemics. She wasappointed rate as an independent expert in the ethics Committee of theWHO on the ethical compliance of international research proposals. Overthe years she also worked as a consultant for the WHO in several areas,such as: Mental health, healthy aging and the social determinants ofhealth [explanation: the Economic and social conditions that influencethe health status] active. On the European level, it is in addition tothe implementation of research projects as an EU expert for health andInnovation for seniors, active, and in particular of the ethical andlegal aspects. She was awarded by the Secretary-General of the UnitedNations for their achievements during the International year of olderpersons 1999. She is the author of a dozen books and more than 180scientific papers and Reports for the UN, the EU or of the governments,of which 40 reports and health policy papers for the United Nations andthe WHO.Lecture by Dr. Astrid stuckel Berger: “The WHO, the UN and its Plan fora global coup d’état against our freedoms”:I greet you warmly in the world.I want to thank Ivo Sasek, and his Team to bring all these people fromall these countries here.It’s like quantum media the world has the feeling to be here, and wehave the feeling of being in the world, so the technology should be usedin a good way.I would like to tell you first, we are really in a historical, biblical,apocalyptic time. What I’m about to present to you, is dramatic, but itis also necessary.It is a Great is not Reset, but a great awakening.The human consciousness is in need of this. This has not always beenhere, this is new. This global System enables us to see how tyranny isto grow global. I would like to take on Mr Pfaff reference, because inAmerican history (specification of the Live-Translation: history of theUN) has impressed me something: the General Roméo A. Dallaire waswitness to the genocide in Rwanda. There was nothing he could do, hewanted to stop it. He has called on the UN Secretary-General. Thegenocide has taken place before his eyes, even though he was actuallythere for peace and security. I may personally meet and we have a Panel,a discussion platform, a round of established peace between thegenerations. He (Dallaire) told me something that has stayed with mealways, he said: “I know that there is a God, because I shook in Rwanda,the devil’s Hand. I saw him, smelled him and I have touched him. I knowthat the devil exists and therefore I know that there is a God.“So this is an example of a model of someone in a war situation is but Iwould like to make the Good, and so it is today. André Malraux, a Frenchwriter has said, we are in a spiritual century or not. And I would saythe bottom line is, we have already won. And we must remain in this highvibration and stop. I’ll show you a Plan, but stay in the high vibration.We now live under a tyranny of the WHO and the UN.I have to say one thing at the very beginning.The States are not States. The States are already registered as acompany, been to several places around the world, including European States.Switzerland has been listed as a Confederation, for example, in 1993 inBrussels and also in 2014….so you begin to understand. I’m going togive you a General overview of this crisis, the COVID-19 is called,where we are, 3 years later, still under the state of Emergency, so on anational and on an international level. And this is completelyunjustified. You’ll still see people with a mask, with disinfectant gelfor hands, with Plastic dividers in the Restaurants. And it is all aboutthe regulations, health regulations, the WHO, the have been installed,for example, in the Swiss epidemics act, but also in all other healthcare legislation in the world. Click here to see a graphic that is quiteextensive, and you will see that step by step, year after year, alwayssomething to be done. The American and Israeli expert Aaron Antonovskyis specialized to analyze coherence [explanation: relationships], as akey element for the mental health. And I’m trying to draw this sense ofconsistency, a little bit for you.In the first Phase, the fear was created and propagated, in which aVirus is inflated and the people were afraid that you will die from it.The media have increased the Drama, really, and it has been shown thephotos, for example, it has been shown in the hospitals, coffins, tomake people scared.Professor Ioannidis, one of the Top epidemiologists in the world, fromStanford University, has shown that there were 2020, more Dead than inother years and published for the first time with the WHO and also atother Places.Further evidence [explanation: a Systematic evidence of the benefit of adiagnosis, or therapy] is that the COVID Virus mutates rapidly, so thatit actually disappears in a couple of months back.I have to compare in 2002, an article written by SARS-CoV 1 and SARS-CoV2 together. And this Coronavirus mutates so quickly that it has onlyreached 24 countries, and after 8 months it was gone again. There wereno pandemic, only about 700 and some Dead. It was impossible for avaccine because the Virus mutates again and again.You really have stoked fear that the people are ready to do anythingjust so that this Virus drops you in the head.And by the way, the Virus was isolated also never. According to thepostulates of Koch, and also to the what, the WHO prescribes tointernational regulations, would have to be isolated the Virus.There are four criteria:To isolate, characterize, very important, the causality [explanation:the relationship between cause and effect] to investigate.If it has found the Virus, it is injected in animals and observedwhether it developed the same symptoms again and again. The man has notmade. And what was also criticized ultimately, it was never done a studyon the Transmission.So you could say that The PCR Test is a complete lie. Kary B. Mullis,the inventor of the PCR Tests, has said that you can’t use fordiagnosis. He is a Nobel laureate. The CDC, the health authority in theUnited States, has said (in 2020) also: the use of the PCR test is verylimited. You can investigate so that no bacteria or viruses. This is notsuitable for the diagnosis. To search only for something Specific;therefore, only for the Research. And the WHO has said.So we have the tyranny of the year 2020.And in 2021, we have a huge global study with the open sky (fieldexperiment). This is not a clinical study. This is impossible. This isnot ethical. In the ethics, you must do this on a very limited number ofspaces, specifically, for example, with 80 people.I myself was in the ethics Committee of the WHO and I can tell you,there is absolutely nothing Ethical about this approach, with COVID, andit would not be safe to come through this way. The first is apharmaceutical company can’t make yourself study when it is itselfinvolved in this. And, above all, when it was sold after the funds. Andin ethics, it is also so that you have to pay, if there are sideeffects. This company does not. And you will also be liable for thedamage caused. And, as you can see it in Red, you really have aconscious, enlightened wants to have the decision-making, as it has wifeBeate workers said this Morning. And you must have signed it, because itis afterwards a legal document. And furthermore, there is no privacy.Because everyone says Yes, if he is vaccinated or not.And you can’t be traveling without vaccinated to, in this case, theprivate data. This is unacceptable and against international law.In the name of that you have to take care of all, that was now in thefirst Phase, the fear-inciting and after the injection of anexperimental substance to persons weak as children. Actually, you don’thave to be inoculated older people, because the antibody. I’ve doneresearch about it, and as you can see, it is even bad for you.So the second Phase is then the total control. You can see already, thatyou exercise with this vaccination already control. And between 2022 and2024 happen now several things at the same time, coming from the WHO andthe UN> the digitization of the world> the QR-Code anywhere and> this continuous Narrative [explanation: the repetitive narrative] ofthe Virus. …And now we go on to this global Plan of how it will be implemented, howthe process is. There are two key documents. The international healthregulations, which are available in multiple languages, where youdescribe how to manage a pandemic at international and national level.Always in the name of security. The Second is the Constitution of theWHO. The was made in 1948, finished, and seven times changed. You haveto look closely. And the article 19 to 22 are the door, the Opening forthe complete dictatorship. The Global, in cooperation with the UN.Because the article 57 of the UN Charter on this together. And they arecurrently working on a document that I’m about to show you. You want tocall it the “Treaty” (Treaty/agreement) or Convention for the pandemics.The Name is CA+. I think this means “Convention agreement”[explanation/Translation: agreement to the Convention]. This is thethird Version that I’m about to show you. So let’s look at the one bythe other and look after also works like the System.First, the international health regulations in 1969, it had made sincethe first Version and in order to regulate the travel of people betweencountries. And in 2002, after SarsCov1 it has created a much morecomprehensive second Version, which came into force in 2005 and is usedfor today. And as I have taught, we have made actually, first, that eachstate is its own answer. And that also respects the human rights, theprotection of the passengers, for example and that makes a Lockdown thatrelates to the company or the airlines. It was actually more, to protectexactly this. That’s why I immediately understood that there is adictatorship in preparation.One thing you need to know, because that will be important for thefuture: That the Constitution of the WHO may decide to in articles 19 –22, especially 21, a set of rules with two-thirds of the votes of allpresent in the WHO, which is immediately valid. As well as thisinternational health regulations, if a special international Situation,and this act is urgent. And that’s why you always keep this state ofemergency. …This global vaccination schedule is in the connection, or even driven byGAVI, the vaccine Alliance of Bill Gates. He has, of course, yet anotherorganization, you will be led by Bill Gates, it is: Bill & Melinda GatesFoundation. So, the Bill & Melinda Gates Foundation, who is also a BillGates, the name was previously: Bill & Melinda Gates Institute forpopulation reduction. The father of Bill Gates was of the Fabiansociety, which is responsible for the depopulation. You can research it.And the mother was in the area of reproductive and sexual health. Yousee a business plan, and now they have speeded up the Whole thing withvaccines, therapies and diagnostics. The company’s plan, the state isprank against humanity.From a political point of view, the WHO Constitution is the second mostimportant document that you should know. In this document …What can we do? So we need to know that nowhere in the texts of the UNor the WHO, is, that one can escape. We can say, like Trump simply: “Wewill not have to pay more.” Because our state will pay heads with ourtax money, without asking us, must we not say to our States: “We wantyou to represent us and our tax used the funds to Finance this. Why doyou have such company in our name created?“The second way is from the System to withdraw. Click here to see theUnited Nations System.It is not easy to make an international court of justice, because thetwo international courts for civil law and criminal law and theNuremberg Tribunal, the organs they are associated with these UN-at thevery top. And with five countries (the UN security Council) to decidethe still on everything. The WHO is an Agency, but it is everywhere, theportal of Entry. You can find this illustration in German, in French,English. If you enter as the “United Nations System PDF” then you canfind it all.So, we need to go back, in a different Dimension. We need to understandthat this is very long so. The UN was created by the masons from France,Ireland and Scotland, but also with the United States and other forcesWe know that the world Bank and the international monetary Fund, arealso part of this global network. And the BIS (Bank for Internationalsettlements) in Basel is the Bank of all banks.We know that you don’t censor that you want to our Well-being, that thelies are always there. And as Andreas Thiel has already said, we need tocome back to the base, to the life. In order to live, the means arequite simple, we choose. All of this to Happen to move us out of thisSystem, from the Matrix to withdraw. What has been said Ivo, is also abit of a departure from the Vatican System, from that of Roman law.von Dr. Astrid StuckelbergerQuellen/Links:Astrid Stuckelberger -
Peter Myers Digest: Dusk of the Petrodollar, Dawn of the Petroyuan, by Zoltan Pozsar
(1) Zoltan Pozsar: Dusk of the Petrodollar, Dawn of the Petroyuan
(2) Globalists plot to vest permanent power in WHO, via International Health Regulations (IHR)
(3) Dr. Astrid stuckel Berger: the WHO, the UN and its Plan for a global coup d’état
(1) Zoltan Pozsar: Dusk of the Petrodollar, Dawn of the Petroyuan
https://plus2.credit-suisse.com/shorturlpdf.html?v=5h1o-YP34-V&t=-6f9o9gxfcir9ldit6fbbldzzx
War and Commodity Encumbrance
Zoltan Pozsar
A recurring theme in my dispatches this year has been that in a moment when the world is going from unipolar to multipolar, the actions of heads of state are far more important than the actions of central banks. That is because heads of state lead, their actions affect inflation, and central banks merely follow by hiking rates to “clean up”. Central banks will be behind the curve in this game, and if investors read only the speeches of central bankers but not statesmen, they will be even more behind the curve. The multipolar world order is being built not by G7 heads of state but by the “G7 of the East” (the BRICS heads of state), which is a G5 really but because of “BRICSpansion”, I took the liberty to round up.
The special relationship between China and Russia has a financial agenda to it, and what President Xi and President Putin say about the future of money – that is, the future they envision – matters for the future of the U.S. dollar and liquidity in the U.S. Treasury market. Their actions are forging something new:
Bretton Woods III is slowly taking shape, and in light of developments to date, my motto for Bretton Woods III – “our commodity, your problem” – remains apt.
President Xi’s visit with Saudi and GCC leaders marks the birth of the petroyuan and a leap in China’s growing encumbrance of OPEC+’s oil and gas reserves: with the China-GCC Summit, China can claim to have built a “special relationship” not only with the “+” sign in OPEC+ (Russia), but with Iran and all of OPEC+…
President Xi’s visit was the very first China-Arab States Summit in history, and echoes FDR’s meeting with King Abdul Aziz Ibn Saud on Valentine’s Day 1945 aboard an American cruiser, the USS Quincy. Fixed income investors should care
– not just because the invoicing of oil in renminbi will hurt the dollar’s might, but also because commodity encumbrance means more inflation for the West.
Here are the key parts from President Xi’s speech at the China-GCC Summit (all emphasis with orange underlines are mine): “In the next three to five years, China is ready to work with GCC countries in the following priority areas: first, setting up a new paradigm of all-dimensional energy cooperation, where China will continue to import large quantities of crude oil on a long-term basis from GCC countries, and purchase more LNG. We will strengthen our cooperation in the upstream sector, engineering services, as well as [downstream] storage, transportation, and refinery. The Shanghai Petroleum and Natural Gas Exchange platform will be fully utilized for RMB settlement in oil and gas trade, […] and we could start currency swap cooperation and advance the m-CBDC Bridge project.
Let’s dissect President Xi’s comments bit by bit, and color them with other pieces of information as we go along. First, what is the “duration” of this theme?
It’s pretty short: in the words of President Xi, “the next three to five years”. In market terms, that means that five-year forward five-year inflation breakevens should be discounting a world in which oil and gas is invoiced not only in dollars but also renminbi, and in which some oil and gas is not available for the West at low prices (and in dollars) because they have been encumbered by the East.
But it does not appear that breakeven expectations reflect anything like that…
My sense is that the market is starting to realize that the world is going from unipolar to multipolar politically, but the market has yet to make the leap that in the emerging multipolar world order, cross-currency bases will be smaller, commodity bases will be greater, and inflation rates in the West will be higher…
Inflation traders should be paranoid, not complacent. As Andy Grove said, “only the paranoid survive”, but when I asked a small group of inflation traders over dinner in London this summer about how the market (they) comes up with five-year forward five-year breakevens, I did not sense any degree of paranoia in their answer: “there is no top-down or bottom-up work that we do to come up with our estimates; we take central banks’ inflation targets as a given and the rest is liquidity”. Inflation breakevens do not seem to price any geopolitical risk.
Second, “paradigm” in “a new paradigm of all-dimensional energy cooperation” is a symbolic word. The meeting between FDR and King Abdul Aziz Ibn Saud was a new paradigm too: the U.S.’s security guarantees for the kingdom for access to affordable oil supplies. Over time, the paradigm boiled down to this:
the U.S. imported oil and paid for it with U.S. dollars, which Saudi Arabia spent on Treasuries and arms and recycled the leftovers as deposits in U.S. banks. (In the wake of the OPEC shocks of the 1970s, that recycling of petrodollars led to the Latin American debt crisis in the 1980s.) The old paradigm worked…
…until it didn’t:
the U.S. is now less reliant on oil from the Middle East owing to the shale revolution, while China is the largest importer of oil; security relations are in flux (see here): Saudi holdings of U.S. Treasuries and bank deposits are down as the kingdom went from funding the U.S. government and banks to owning equity in firms; and the Saudi crown prince said recently that the kingdom could reduce its investments in the U.S. (see here). Similar patterns hold in other GCC countries.
The “new paradigm” between China, Saudi Arabia, and GCC countries is fundamentally different from the one struck aboard USS Ouincy. Naturally so, as China is now dealing with a rich Middle East, whereas FDR was dealing with a Middle East that had just started to develop. With wealth, power and priorities shift:
back then, “liquidity and security” were more important for an emerging region; today, “equity and respect” are more importantforwhat has become an eminent region.
That is what China offered: “all-dimensional energy cooperation” means not just taking oil for cash and arms but investing in the region in the “downstream sector” and leveraging the regional know-how for cooperation in the “upstream sectors” -“upstream” could potentially mean the joint exploration of oil in the South China Sea.
Furthermore, Xi’s “all-dimensional energy cooperation” also means working in cooperation on the “localized production of new energy equipment” (see here).
Put differently, “oil for development” (plants and jobs) crowded out “oil for arms” – the Belt and Road Initiative met Saudi Arabia’s Vision 2030 in a big win-win…
Third, the “newparadigm” will not be funded with U.S. dollars:
President Xi noted that “the Shanghai Petroleum and Natural […] will be fully utilized for RMB settlement in oil and gas trade”. President Xi’s comments that “China will continue to import large quantities of crude oil on a long-term basis from GCC countries, and purchase more LNG” underscores the gravity of the underlined quote: combined, the two basically say that China, already the largest buyer of oil and gas from GCC countries, will buy even more in the future, and wants to pay for all of it in renminbi over the next three to five years.
Again, think of the timing of this statement in a diplomatic sense: President Xi communicated his message on “renminbi invoicing” not during the first day of his visit – when he met only the Saudi leadership – but during the second day of his visit – when he met the leadership of all the GCC countries – to in part signal … GCC oil flowing East + renminbi invoicing = the dawn of the petroyuan.
Good morning!
Given the scope of priority areas in which China plans to work with GCC countries -the sale of clean energy infrastructure, big data and cloud computing centers, 5G and 6G projects, and cooperation in smart manufacturing and space exploration as per Xi’s speech – there will be many avenues through which GCC countries will be able to decumulate the renminbi they earn from selling oil and gas to China.
And if, perish the thought, any GCC country were to accumulate some surplus cash in “non-convertible” renminbi, just as President Xi’s plane was landing in Riyadh, the PBoC revealed that during 2022, it had re-started gold purchases with gusto.
Why do China’s gold purchases matter in the context of renminbi settlement?
Because at the 2018 BRICS Summit, China launched a renminbi-denominated oil futures contract on the Shanghai International Energy Exchange, and since 2016 and 2017, the renminbi has been convertible to gold on the Shanghai and Hong Kong Gold Exchanges, respectively. Not a bad deal, this renminbi…
Paraphrasing Forrest Gump, “you can spend it on solar panels, wind turbines, data centers, telecommunications equipment, or space projects to create jobs, or you can just recycle it at some bank or just convert it to good old gold bars. Money is as money does, and convertibility to gold beats convertibility to dollars”.
President Xi’s “three- to five-year horizon” means that by 2025, the GCC may be paid in renminbi for all of the oil and gas that they will be shipping east to China.
Fourth, “plumbing” references in Xi’s speech add further gravity to the above…
When was the last time you heard a head of state talk about swap lines and central bank digital currencies (CBDC)? And not just any CBDC, but a specific one: “the m-CBDC Bridge project”.
The m-CBDC Bridge project, or as the BIS likes to refer to it, Project mBridge. is a masterclass in plumbing: undertaken by the PBoC. the Bank of Thailand, the HKMA, and the Central Bank of the United Arab Emirates, the project enables real-time, peer-to-peer, cross-border, and foreign exchange transactions using CBDCs, and does so without involving the U.S. dollar or the network of Western correspondent banks that the U.S. dollar system runs on. Pretty interesting, no?
In a very Uncle Sam-like fashion (see here!. China wants more of the GCC’s oil, wants to pay for it with renminbi, and wants the GCC to accept e-renminbi on the m-CBDC Bridge platform, so don’t hesitate – join the mBridge fast train…
And finally, President Xi’s reference to starting “currency swap cooperation”, reminded me of using swap lines as analogues of the Lend-Lease agreement whereby the U.S. lent dollars to Britain to buy arms to fight Germany during WWII:
now we fight climate change and if you don’t earn renminbi to build NEOM. no problem at all, we can swap your local currency for my local currency whereby I lend you some renminbi and then you can buy the stuff you need, and when you will start selling me oil for renminbi, you can pay off the swap lines. All I care about is that you don’t pay for imports from me in U.S. dollars, because I have enough U.S. dollars already and I don’t want to add to my sanctions risk.
The “m-CBDC Bridge project” offers further leads down the monetary rabbit hole:
I didn’t understand “why” when I first read about Russia requesting oil payments from India in United Arab Emirates dirhams, but now I do: dirhams “appeal” to Russia because the Central Bank of the UAE is a member of m-CBDC Bridge, and so dirhams can be sold for renminbi using central bank digital currencies and thus away from the Western banking system. This does not necessarily have to go through the m-CBDC Bridge project per se, but the existence of it implies that some CBDCs are already interlinked to facilitate interstate payments “off the Western system”. Then, perhaps inspired by Russia’s payment request, on December 6th, Bloomberg ran a story about India and the UAE working on a rupee-dirham payment mechanism to bypass the U.S. dollar in bilateral trade, a mechanism that will include payments for oil and gas purchases from the UAE.
Do take a step back and consider… that since the beginning of this year, 2022, Russia has been selling oil to China for renminbi, and to India for UAE dirhams; India and the UAE are working on settling oil and gas trades in dirhams by 2023; and China is asking the GCC to “fully” utilize Shanghai’s exchanges to settle all oil and gas sales to China in renminbi by 2025. That’s dusk for the petrodollar…
… and dawn for the petroyuan. Now on to the topic of commodity encumbrance.
In money and banking, the word “encumbrance” is typically used in the context of transactions involving collateral: if collateral is pledged to a specific trade, it’s referred to as “encumbered”, which means it can’t be used to do other trades. If encumbrance becomes extreme, collateral gets scarce, which typically shows up as interest rates on scarce pieces of collateral trading deeply below OIS rates…
Under Bretton Woods III, a system in which commodities are collateral, encumbrance means that commodities can get scarce in certain parts of the world – and that scarcity shows up as inflation “printing” far inflation targets…
To see what encumbrance means in the context of the oil and gas markets today, let’s start with the geographic scope of OPEC+, that is, OPEC plus Russia: the original founding members of OPEC were the Islamic Republic of Iran, Iraq, Saudi Arabia, Kuwait, and Venezuela in 1960, which were later joined by Qatar (1961), Indonesia (1962), Libya (1962), the United Arab Emirates (1967), Algeria (1969), Nigeria (1971), Ecuador (1973), Gabon (1975), Angola (2007), Equatorial Guinea (2017), and Congo (2018). Russia joined OPEC in 2016 – a union that forged OPEC+. Think of OPEC+ as follows: Russia, Iran, the GCC, Latin American producers, North African producers, West African producers, and Indonesia. I left out Iraq, where ISIS is complicating the overall picture, but the rest of the groupings show how China is starting to dominate OPEC.
First, Russia and China have their famous special relationship, and since the outbreak of hostilities in Ukraine, China has been paying for Russian oil in renminbi at a steep discount. As President Putin remarked. “China drives a hard bargain”.
Second, Iran and China have also had a special relationship since March 27, 2021 – the Comprehensive Strategic Partnership – a 25-year “deal” under which China committed to invest $400 billion into Iran’s economy in exchange for a steady supply of Iranian oil at a steep discount. The deal included $280 billion toward developing downstream petrochemical sectors (refining and plastics) and $120 billion toward Iran’s transportation and manufacturing infrastructure. Specifically, under the agreement, “China will be able to buy any and all Iranian oil, gas, and petrochemical products at a minimum guaranteed discount of 12 percent to the six-month rolling mean price of comparable benchmark products, plus another 6 to 8 percent on top for risk-adiusted compensation” (see here). This means that Iran is selling its oil to China at about the same price as Russia, or maybe in reverse, as the Iran deal predates the post-Ukraine prices for Russia!
Third, Venezuela has been accepting payments for oil in renminbi since 2019 (see here) and has also been selling oil to China at steep discounts (see here).
Fourth, Xi’s GCC “pitch” was similar to the Comprehensive Strategic Partnership with Iran – investments in downstream petrochemical projects, manufacturing, and infrastructure – plus some higher value-added projects for Saudi Arabia to aid Riyadh’s Silicon Valley aspirations. Because the GCC aren’t sanctioned, China didn’t ask for any steep discounts, but it did ask for renminbi settlement.
Let’s stop here for a moment. Russia, Iran, and Venezuela account for about 40 percent of the world’s proven oil reserves, and each of them are currently selling oil to China for renminbi at a steep discount. The GCC countries account for 40 percent of proven oil reserves as well – Saudi Arabia has a half of that, and the other GCC countries the other half – and are being courted by China to accept renminbi for their oil in exchange for transformative investments – the “newparadigm” we discussed above. To underscore, the U.S. has sanctioned half of OPEC with 40 percent of the world’s oil reserves and lost them to China, while China is courting the other half of OPEC with an offer that’s hard to refuse…
The remaining 20 percent of proven oil reserves are in North and West Africa and Indonesia. Geopolitically, North Africa is dominated by Russia at present (see here). West Africa by China, and Indonesia has its own agenda (see below).
Commodity encumbrance here means that over the next “three to five years”, China will not only pay for more oil in renminbi (crowding out the U.S. dollar), but new investments in downstream petrochemical industries in Iran, Saudi Arabia, and the GCC more broadly mean that in the future, much more value-added will be captured locally at the expense of industries in the West. Think of this as a “farm-to-table” model: I used to sell my chicken and vegetables to you, and you sold soup for a markup in your five-star restaurant, but from now on, I’ll make the soup myself and you’ll get to import it in a can – my oil, my jobs, your spend, “our commodity, vour problem. “Our commodity, our emancipation”.
Commodity encumbrance has had its first major casualty in Europe already: BASF’s decision to permanently downsize its operations at its main plant in Ludwigshafen and instead shift its chemical operations to China was motivated by the fact that China is securing energy at discounts, not markups like Europe.
Collateral encumbrance means encumbrance from the perspective of someone pledging collateral to a dealer. Dealers in turn rehypothecate pledged collateral.
Commodity rehypothecation will work the same way: heavily discounted oil and locally produced chemicals invoiced in renminbi mean encumbrance by the East, and the marginal re-export of oil and chemicals also for renminbi to the West means commodity rehypothecation for a profit, i.e., an “East-to-West” spread…
We are starting to see examples of commodity rehypothecation already:
China became a big exporter of Russian LNG to Europe, and India a big exporter of Russian oil and refined products such as diesel to Europe (see here and here).
We should expect more “rehypothecation” in the future across more products and invoiced not just in euros and dollars, but also renminbi, dirhams, and rupees.
But commodity encumbrance has a darker, “institutional” aspect to it too…
What I described above is a de facto state of affairs, in which Russia, Iran, and Venezuela have effectively pledged their resources to the BRICS and BeltandRoad “cause”, and China is courting the GCC to do the same under a “new paradigm”.
But there is also a de jure version of the commodity encumbrance theme, and here is where a recent speech by President Putin comes in. On June 22, 2022, at the BRICS Business Forum – a WEF-like meeting of the “G7 of the East” – President Putin noted that “the creation of an international reserve currency based on a basket of currencies of our countries is being worked on” (see here).
This “reserve currency project” took off after China failed to reform the SDR, and its antecedents were chronicled in a recent book by Zoe Liu and Mihaela Papa: Can the BRICS De-Dollarize the Global Financial System (see here). The book was funded by the Rising Power Alliances Project at the Fletcher School of Tufts University, which in turn was funded by the U.S. Department of Defense.
It would seem to me that if the DoD has a keen interest in the topic of de-dollarization, market participants should have one as well, and should also add commodity encumbrance to the list. Now back to Putin’s “BRICS coin” idea…
When a G7 rates strategist or trader starts looking at the “G7 of the East”, he or she will realize that institutions and people are different, but they do exist.
Regarding the development of an “international reserve currency” a la the SDR, Sergei Glazyev has been in charge. Since 2019, Glazyev has been serving as minister in charge of integration and macroeconomics of the EEC, that is, the Eurasian Economic Commission. He strikes me as someone similar to Liu He. who President Xi introduced to a former U.S. national security advisor saying: “This is Liu Fie. Fie is very important to me”. Given his recent progress report on “BRICS coin”, Sergei Glazyev seems to be very important to President Putin.
Regarding “institutionalized commodity encumbrance”, the comments I could find about the “BRICS coin” project from Glazyev revolve around the methodology to determine the weight of each participating currency in the “coin”. Specifically:
“should [a nation] reserve a portion of [its] natural resources for the backing of the new economic system, [its] respective weight in the currency basket of the new monetary unit would increase accordingly, providing that nation with larger currency reserves and credit capacity. In addition, bilateral swap lines with trading partner countries would provide them with adequate financing for co-investments and trade financing” (see here). Hm. Swap lines again to facilitate trade and investments, and a de jure vision for commodity encumbrance in exchange for boosting a country’s “credit line” in an alternative economic system.
It seems to me that “new paradigms” come in pairs…
Attention needs to be paid to the goings-on of the global East and South, especially given that this year Saudi Arabia, Turkey, and Iran have all started their application to the BRICS (see here). Furthermore, following this year’s Shanghai Cooperation Organization (SCO) Summit in Samarkand, the SCO
– “the NATO of the East” – granted dialogue partner status to “half the GCC”
–
– Saudi Arabia and Qatar – and started procedures to admit Iran as a member…
–
In Riyadh, President Xi referred to “a garden of civilizations” in the context of the Belt and Road Initiative (see here). Unless they involve Adam, Eve, and a snake, gardens typically refer to a happy and peaceful place. Now consider that if Russia and Iran get along, China and Iran get along, Russia and Saudi Arabia get along, and China and Saudi Arabia get along, then the foreign ministers of Saudi Arabia and Iran engaging in what the FT called “friendly talks” last week (see here) means more momentum for Belt and Road, BRICS+, and “BRICS coin”.
Indeed, for the Belt and Road Initiative to work, the region has to be a peaceful “garden of civilizations”, and for “the enemy of my enemy is my friend” to work, a Great Power needs to befriend the enemy of a rival Great Power. But that strategy is increasingly hard to implement in the Middle Eastern “region” of the Belt and Road Initiative (BRI): the great powers of the Eurasian landmass – China and Russia – are bound by a “special relationship”, and each of them have good a relationship with each of the great powers of the Middle East, and all of them have much to gain from building a new economic and monetary system.
The China-GCC Summit is one thing, and China’s strategic partnership with Iran is another, but both Saudi Arabia and Iran applying to pillar institutions of the multipolar world order – BRICS+ and the SCO – at the same exact time, plus the idea of “BRICS coin” as a commodity-weighted neutral reserve asset that encourages members to pledge their commodities to the BRICS “cause”, should have G7 bond investors concerned, because these trends may keep inflation from slowing and interest rates from falling for the rest of this decade.
Finally, the de facto and de jure commodity encumbrance themes described above have an even graver inflationary undertone if you consider the following:
over the past decade, all growth in global oil production came from U.S. shale and other non-conventional sources such as Canadian tar sands. We know from official comments following President Biden’s visit to Saudi Arabia that the kingdom is currently “pumping” at capacity and will be able to boost output by only one million barrels per day by 2025 and then “no more”. In light of that, consider that production from shale fields has peaked and recall some recent comments from the largest shale operator in the U.S. that more drilling would harm the shale industry (see here). It appears to me that unless the U.S. nationalizes shale oil fields and starts to drill for oil itself to boost production, over the next three to five years, we’re looking at an inelastic supply of oil and gas…
.. .and of that inelastic supply:
(1) China will get a bigger share at a discount, invoiced in renminbi.
(2)
(3) China will export more downstream products at a wider margin, and…
(4)
(5) China will lure more firms like BASF with discounted energy bills.
(6)
(7) Iran, with Chinese capital, will do more downstream exports too, and…
(8)
(9) GCC countries, with Chinese capital, ditto, most likely for renminbi.
(10)
The “new paradigm”, as I see it, comes with a theme of “emancipation”: both sanctioned and non-sanctioned members of OPEC, with Chinese capital, are going to adopt the “farm-to-table” model in which they will not just sell oil but will also refine more of it and process more of it into high value-added petrochemical products. Given supply constraints over “the next three to five years”. this will likely be at the expense of refiners and petrochemical firms in the West, and also growth in the West. All this means much less domestic production and more inflation as steadily price-inflating alternatives are imported from the East.
And this is not just about oil and gas…
Earlier this year, President Widodo of Indonesia (an OPEC member since 1962) called for an OPEC-style cartel for battery metals for EVs. Resource nationalism is in the air, but markets don’t seem to price it as a potential driver of inflation.
Considerthat shortly after President Widodo floated his ideaon October 30, 2022, on November 15, 2022, the G7 gave lndonesia $20 billion to move away from coal (see here). Then, on December 14, 2022, the G7 gave Vietnam $15 billion too (see here) to do the same. Great Powers are spending a lot to keep commodities and friend-shoring locations in their orbit at affordable prices. One would suspect these “outlays” are a part of the G7’s $600 billion earmarked to counter China’s Belt and Road Initiative (see here). Here is the point: major amounts of money are being mobilized to cut off big, fat tail risks to inflation, and to re-emphasize…
…five-year forward five-year breakeven inflation expectations do not price geopolitical risk. I also believe that most inflation traders may not appreciate that the future path of inflation in the West is being “bought” in $15 to $20 billion “clips” one commodity and one region at a time – commodity encumbrance is a real risk.
Commodity encumbrance cuts in the other direction too…
Consider that on November 3, 2022, Canada ordered three Chinese firms to exit lithium mining (see here). In simple terms, commodity encumbrance means…
…a total war for the control of commodities.
President Xi’s “next three to five years” of implementing the “new paradigm” and the risks of resource nationalism and “BRICS coin” means this for G7 rates:
when you look at the yield curve and think about the five-year section and then the forward five-year section, by the time the forward five-year section starts, President Xi may have accomplished his “next three- to five-year” goal of paying for China’s oil and gas imports exclusively in renminbi and may have advanced commodity encumbrance by developing downstream petrochemical industries in the Middle East “region” of Belt and Road and also the rollout of “BRICS coin”.
I don’t think five-year forward five-year rates are pricing the future correctly: breakevens appear to be blind to geopolitical risks and the likelihood of the above.
If the above scenario won’t come to pass, it will be due to a big, global fight…
But a fight like that takes time to conclude, and in its wake, forward five-years should still be different. Or maybe not, if yield curve control funds reconstruction, but under that scenario, bond investors will be subject to financial repression…
Five-year forward five-year breakeven inflation expectations now make little sense. For two generations of investors, geopolitics did not matter. This time is different: it’s time to get real and it’s time to start pricing the secular end of “lowflation”…
Recognize two things: first, that inflation has been driven by non-linear shocks (a pandemic; stimulus; supply chain issues involving laptops, chips, and cars; post-pandemic labor shortages; and then the war in Ukraine), and second, that inflation forecasts treat geopolitics in the reaiview mirror. Don’t be too DSGE…
…think about inflation with geopolitics, resource nationalism, and “BRICS coin” in mind as the next set of non-linear shocks that will keep inflation above target, forcing central banks to hike interest rates above 5% and keep them high as they…
…”clean up” the inflation mess caused by Great Power conflict.
This year was just the beginning. Next year sets the stage for BRICS and the BRI: in April. China will host the fourth Belt and Road Forum (the WEF of the East). Following forums in 2017 and 2019, but not 2021 due to Covid, the coming forum will be hosted by a China that, while in lockdown, forged a bond with all of OPEC+.
(2) Globalists plot to vest permanent power in WHO, via International Health Regulations (IHR)
https://www.1news.info/health-news/bill-gates-global-takeover-is-official-1315334
Bill Gates Global Takeover Is Official
Published: December 26, 2022 in Health News by 1news.info.
The WHO is actually a specialized agency within the United Nations. It was initially established in 1948 to “further international cooperation for improved public health conditions,” but we can now see that the long-term goal of the WHO is to serve as a foundation or hub for a one world government under the auspice of coordinating and ensuring global biosecurity.
This becomes self-evident when you review the proposed amendments1 to the existing International Health Regulations (IHR) and the new pandemic treaty, which Nass and Corbett review in the featured video.
I also provided details about the treaty in “What You Need to Know About the WHO Pandemic Treaty.” Below, I will primarily focus on the proposed amendments to the International Health Regulations (IHR).
Health Regulation Amendments Will Legalize Tyranny
In a December 16, 2022, Substack article,2 James Roguski also reviewed how a temporary crisis (the COVID-19 pandemic) — which, by the way, is long since over — is being used by the WHO to seize permanent power.
The WHO’s ‘recommendations’ are legally binding by all member states, and supersede all national and state laws, including the U.S. Constitution.
Here’s a quick overview of some of the most dangerous and egregious IHR amendments they intend to implement, and what it will mean for you and I. For additional details, see the three references listed here:3,4,5
Eliminating the concepts of respect for human dignity, human rights and fundamental freedoms — The first principle in Article 3 of the original IHR states that health regulations shall be implemented “with full respect for the dignity, human rights and fundamental freedoms of persons.”
The proposed amendment to this Article will strike “with full respect for the dignity, human rights and fundamental freedoms of persons.” Now, health regulations will be based on “principles of equity, inclusivity and coherence” only.
What does that mean? Think “You must wear a mask/social distance/isolate/get jabbed to protect others,” even if you’re not sick, or for whatever reason don’t want to do any of those things.
Autonomy over your body will be eliminated. You’ll have no right to make personal health decisions. Even if you suspect you might die from the intervention, you have to comply because it’s all about what’s “best” for the collective.
Individuals won’t matter. Human dignity will not be taken into consideration. Human rights will not be taken into consideration, and neither will the concept that human beings have fundamental freedoms that cannot be infringed.
Another amendment is that public health measures will no longer be aimed at achieving “the appropriate level of health protection.” Instead, the new objective will be to attain the “highest achievable level of health protection” without any consideration of proportionality. It’s easy to see how this amendment will be used as justification for the removal of individual rights and freedoms.
Dictatorial powers will be given to the director-general of the WHO — The director-general will have sole power to declare the beginning and end of a public health emergency of international concern (PHEI), and the sole power to dictate responses (including travel restrictions, mask mandates, lockdowns, business closures and vaccine requirements), and the allocation of resources to that PHEI, including funding and what drugs are to be manufactured and used.
These dictates will override and overrule any and all national laws within member states, including the U.S. Constitution.
The obligations under the amended IHR are legally binding, and any member nation that refuses the director-general’s recommendations can be punished through a variety of mechanisms, including economic sanctions and embargoes. Note that the term “recommendation” is defined as “legally binding,” which means they’re actually dictates, not suggestions.
Dictatorial powers will be given to unelected regional directors of the WHO — Similarly, appointed (not elected) regional directors will have the power to determine what constitutes a public health emergency of regional concern (PHERC), and their decisions will also overrule all other laws and Constitutional rights.
Eliminating privacy rights — One of the amendments (page 25) authorizes the disclosure of private and personal data, including genomic data, “where essential for the purposes of assessing and managing a public health risk,” i.e., contact tracing and related efforts.
Expanding censorship — The WHO will “strengthen capacities to … counter misinformation and disinformation” at the global level. In other words, censorship of information will be expanded. The WHO will dictate what “truth” is, and since its decisions are legally binding, countries must enforce compliance.
Mandating vaccine passports and digital IDs globally — The IHR amendments will also give the WHO the power to mandate the use of “health certificates,”6 i.e., vaccine passports. The vaccine passport, in turn, will operate as your digital identification, which will be tied to every aspect of your life, including your bank accounts and social credit score.
In short, it will usher in a surveillance and forced compliance system. The G20 also recently declared that digital vaccine passports standardized by the WHO will be part of international pandemic prevention and response moving forward.
The Trail of Corruption
Ever since its founding in 1948, the WHO has been infiltrated by industry. From Big Tobacco to the nuclear industry and pharmaceuticals, industry has historically dictated the WHO’s global agenda and continues to do so in the present day, putting profits and power ahead of public health.7
In April 2020, then-President Donald Trump suspended U.S. funding to the WHO,8 but then directed the U.S. funding for WHO to GAVI, which is a Gates controlled charity that likely just sent the funds to WHO. President Joe Biden restored U.S. funding once he took office.9
The Bill & Melinda Gates Foundation even before Trump pulled funding was still the WHO’s No.1 funder, as Gates contributes via multiple avenues, including the Bill & Melinda Gates Foundation, the vaccine alliance GAVI, the Strategic Advisory Group of Experts (SAGE), UNICEF and Rotary International.
Gates contributes such a large portion — currently about $1 billion of the WHO’s $4.84 billion biennial budget10 — that Politico in 2017 wrote a highly-critical article11 about his undue financial influence over the WHO’s operations, which Politico said was causing the agency to spend:
“… a disproportionate amount of its resources on projects with the measurable outcomes Gates prefers … Some health advocates fear that because the Gates Foundation’s money comes from investments in big business, it could serve as a Trojan horse for corporate interests to undermine WHO’s role in setting standards and shaping health policies.”
Indeed, as noted by Robert F. Kennedy Jr. in his book “Vax-Unvax,”12 “The sheer magnitude of his foundation’s financial contributions has made Bill Gates an unofficial — albeit unelected — leader of the WHO.” And, in that role, Gates is able to ensure that the decisions the WHO makes end up profiting his own interests and those of his Big Pharma partners.
A ‘One World’ Health Plan
In October 2022, the WHO announced a new initiative called One Health Joint Plan of Action. The plan was launched by the Quadripartite, which is made up of:
Beyond the amendments to the IHR, this initiative will also expand the WHO’s powers. The One Health Joint Plan of Action combines multiple globalist organizations and synchronizes their plans, while at the same time combining their resources and power to create a centralized global superpower.
Decentralized health care and pandemic planning make sense, as both medicine and government work best when individualized and locally oriented. As it stands, however, the opposite global agenda is being implemented.
While the Pandemic Treaty and the IHR amendments expand and centralize power over human health with the WHO, the One Health Joint Plan expands the WHO’s power to also address “critical health threats” to animals, plants and the environment.
When you add that together with the planned elimination of human rights, you can see how the One Health Joint Plan can be used to enforce climate lockdowns, for example, or travel restrictions to protect wildlife or the environment. To learn more about this plan, see my previous article, “WHO Assembles Superpowers With ‘One Health Plan.'”
Jeremy Farrar Selected To Be WHO’s Chief Scientist
December 13, 2022, the WHO announced that Sir Jeremy Farrar, head of the Wellcome Trust, has been chosen as its new chief scientist.13 The announcement came mere days after the publication of Dr. Anthony Fauci’s deposition transcript,14 which showed he and Farrar colluded to suppress discussion about SARS-CoV-2 origin. …
Agenda 21 is based on the ideology of “communitarianism,” which argues that “an individual’s rights should be balanced against rights of the community.” Community, however, in the mind of the globalists, is made up of NGOs, corporations and government, which are to dictate what happens around the world. The people are not really part of the equation.
So, the communitarianist philosophy of Agenda 21 and the IHR amendment that removes human rights and freedoms come together like two pieces of a puzzle. The WHO’s biosecurity powers can then be used to pave the way for the more freedom-robbing aspects of Agenda 21.
(3) Dr. Astrid stuckel Berger: the WHO, the UN and its Plan for a global coup d’état
https://www.kla.tv/AstridStuckelberger/24562
Astrid stuckel Berger
Friday, 23. December 2022
18. AZK – Dr. Astrid stuckel Berger, “The WHO, the UN and its Plan for a global coup d’état against our freedoms”
As a longtime WHO collaborator Dr. Astrid stuckel Berger has witnessed first-hand how the top health authority, the world works. The grievances in the WHO became internationally well-known Whistleblower. In her talk, she describes how she taught at the WHO, that, in the event of a pandemic, the human rights respected, no panic, stoked, and in any case a Lockdown should be imposed. However, as in the case of Corona the exact opposite occurred, have you understood, that there is a dictatorship was in preparation. You will hear your exciting revelations. [read more]
Introduction by Ivo Sasek
And I say, the last speaker, she is a charming and highly competent Whistleblower. And I’ll tell you the WHO and the United Nations have to fear every reason to be this Lady now, not because she is dressed as a Tiger, but because they will Express themselves fearlessly to the topic you will talk about – and listen well to the title, there is already so much in it: “The WHO, the UN and its Plan for a global coup d’état against our freedom”. We welcome with great thanks and admiration for this brave woman, woman doctor, Astrid stuckel Berger. Thank you that you are there, we see a brief summary of your resume. Please be nice.
Dr. Astrid Stuckel Berger
Private lecturer and a PH-service [explanation: a doctoral degree in English-speaking countries] Dr. Astrid stuckel Berger has developed over the years into an internationally recognized expert on global public health and health policy issues. She has more than 25 years of experience as a researcher and trainer in the field of public health at the medical faculty of the University of Geneva and as a Professor at universities in Switzerland and abroad. In addition to WHO she is co-founder and current President of the Geneva International Network on Ageing (GINA), as well as former Chairman of various NGO committees at the United Nations, where she represents since 2002, an academic, an American NGO. Within the United Nations, she worked three years, and in particular with the WHO, to schools, to the Minister of health and epidemiological centers of the regional offices in the implementation of the new international health regulations, and in dealing with emergencies of international importance, such as pandemics. She was appointed rate as an independent expert in the ethics Committee of the WHO on the ethical compliance of international research proposals. Over the years she also worked as a consultant for the WHO in several areas, such as: Mental health, healthy aging and the social determinants of health [explanation: the Economic and social conditions that influence the health status] active. On the European level, it is in addition to the implementation of research projects as an EU expert for health and Innovation for seniors, active, and in particular of the ethical and legal aspects. She was awarded by the Secretary-General of the United Nations for their achievements during the International year of older persons 1999. She is the author of a dozen books and more than 180 scientific papers and Reports for the UN, the EU or of the governments, of which 40 reports and health policy papers for the United Nations and the WHO.
Lecture by Dr. Astrid stuckel Berger: “The WHO, the UN and its Plan for a global coup d’état against our freedoms”:
I greet you warmly in the world.
I want to thank Ivo Sasek, and his Team to bring all these people from all these countries here.
It’s like quantum media the world has the feeling to be here, and we have the feeling of being in the world, so the technology should be used in a good way.
I would like to tell you first, we are really in a historical, biblical, apocalyptic time. What I’m about to present to you, is dramatic, but it is also necessary.
It is a Great is not Reset, but a great awakening.
The human consciousness is in need of this. This has not always been here, this is new. This global System enables us to see how tyranny is to grow global. I would like to take on Mr Pfaff reference, because in American history (specification of the Live-Translation: history of the UN) has impressed me something: the General Roméo A. Dallaire was witness to the genocide in Rwanda. There was nothing he could do, he wanted to stop it. He has called on the UN Secretary-General. The genocide has taken place before his eyes, even though he was actually there for peace and security. I may personally meet and we have a Panel, a discussion platform, a round of established peace between the generations. He (Dallaire) told me something that has stayed with me always, he said: “I know that there is a God, because I shook in Rwanda, the devil’s Hand. I saw him, smelled him and I have touched him. I know that the devil exists and therefore I know that there is a God.“
So this is an example of a model of someone in a war situation is but I would like to make the Good, and so it is today. André Malraux, a French writer has said, we are in a spiritual century or not. And I would say the bottom line is, we have already won. And we must remain in this high vibration and stop. I’ll show you a Plan, but stay in the high vibration.
We now live under a tyranny of the WHO and the UN.
I have to say one thing at the very beginning.
The States are not States. The States are already registered as a company, been to several places around the world, including European States.
Switzerland has been listed as a Confederation, for example, in 1993 in Brussels and also in 2014….so you begin to understand. I’m going to give you a General overview of this crisis, the COVID-19 is called, where we are, 3 years later, still under the state of Emergency, so on a national and on an international level. And this is completely unjustified. You’ll still see people with a mask, with disinfectant gel for hands, with Plastic dividers in the Restaurants. And it is all about the regulations, health regulations, the WHO, the have been installed, for example, in the Swiss epidemics act, but also in all other health care legislation in the world. Click here to see a graphic that is quite extensive, and you will see that step by step, year after year, always something to be done. The American and Israeli expert Aaron Antonovsky is specialized to analyze coherence [explanation: relationships], as a key element for the mental health. And I’m trying to draw this sense of consistency, a little bit for you.
In the first Phase, the fear was created and propagated, in which a Virus is inflated and the people were afraid that you will die from it. The media have increased the Drama, really, and it has been shown the photos, for example, it has been shown in the hospitals, coffins, to make people scared.
Professor Ioannidis, one of the Top epidemiologists in the world, from Stanford University, has shown that there were 2020, more Dead than in other years and published for the first time with the WHO and also at other Places.
Further evidence [explanation: a Systematic evidence of the benefit of a diagnosis, or therapy] is that the COVID Virus mutates rapidly, so that it actually disappears in a couple of months back.
I have to compare in 2002, an article written by SARS-CoV 1 and SARS-CoV 2 together. And this Coronavirus mutates so quickly that it has only reached 24 countries, and after 8 months it was gone again. There were no pandemic, only about 700 and some Dead. It was impossible for a vaccine because the Virus mutates again and again.
You really have stoked fear that the people are ready to do anything just so that this Virus drops you in the head.
And by the way, the Virus was isolated also never. According to the postulates of Koch, and also to the what, the WHO prescribes to international regulations, would have to be isolated the Virus.
There are four criteria:
To isolate, characterize, very important, the causality [explanation: the relationship between cause and effect] to investigate.
If it has found the Virus, it is injected in animals and observed whether it developed the same symptoms again and again. The man has not made. And what was also criticized ultimately, it was never done a study on the Transmission.
So you could say that The PCR Test is a complete lie. Kary B. Mullis, the inventor of the PCR Tests, has said that you can’t use for diagnosis. He is a Nobel laureate. The CDC, the health authority in the United States, has said (in 2020) also: the use of the PCR test is very limited. You can investigate so that no bacteria or viruses. This is not suitable for the diagnosis. To search only for something Specific; therefore, only for the Research. And the WHO has said.
So we have the tyranny of the year 2020.
And in 2021, we have a huge global study with the open sky (field experiment). This is not a clinical study. This is impossible. This is not ethical. In the ethics, you must do this on a very limited number of spaces, specifically, for example, with 80 people.
I myself was in the ethics Committee of the WHO and I can tell you, there is absolutely nothing Ethical about this approach, with COVID, and it would not be safe to come through this way. The first is a pharmaceutical company can’t make yourself study when it is itself involved in this. And, above all, when it was sold after the funds. And in ethics, it is also so that you have to pay, if there are side effects. This company does not. And you will also be liable for the damage caused. And, as you can see it in Red, you really have a conscious, enlightened wants to have the decision-making, as it has wife Beate workers said this Morning. And you must have signed it, because it is afterwards a legal document. And furthermore, there is no privacy. Because everyone says Yes, if he is vaccinated or not.
And you can’t be traveling without vaccinated to, in this case, the private data. This is unacceptable and against international law.
In the name of that you have to take care of all, that was now in the first Phase, the fear-inciting and after the injection of an experimental substance to persons weak as children. Actually, you don’t have to be inoculated older people, because the antibody. I’ve done research about it, and as you can see, it is even bad for you.
So the second Phase is then the total control. You can see already, that you exercise with this vaccination already control. And between 2022 and 2024 happen now several things at the same time, coming from the WHO and the UN
> the digitization of the world
> the QR-Code anywhere and
> this continuous Narrative [explanation: the repetitive narrative] of the Virus. …
And now we go on to this global Plan of how it will be implemented, how the process is. There are two key documents. The international health regulations, which are available in multiple languages, where you describe how to manage a pandemic at international and national level. Always in the name of security. The Second is the Constitution of the WHO. The was made in 1948, finished, and seven times changed. You have to look closely. And the article 19 to 22 are the door, the Opening for the complete dictatorship. The Global, in cooperation with the UN. Because the article 57 of the UN Charter on this together. And they are currently working on a document that I’m about to show you. You want to call it the “Treaty” (Treaty/agreement) or Convention for the pandemics.
The Name is CA+. I think this means “Convention agreement” [explanation/Translation: agreement to the Convention]. This is the third Version that I’m about to show you. So let’s look at the one by the other and look after also works like the System.
First, the international health regulations in 1969, it had made since the first Version and in order to regulate the travel of people between countries. And in 2002, after SarsCov1 it has created a much more comprehensive second Version, which came into force in 2005 and is used for today. And as I have taught, we have made actually, first, that each state is its own answer. And that also respects the human rights, the protection of the passengers, for example and that makes a Lockdown that relates to the company or the airlines. It was actually more, to protect exactly this. That’s why I immediately understood that there is a dictatorship in preparation.
One thing you need to know, because that will be important for the future: That the Constitution of the WHO may decide to in articles 19 – 22, especially 21, a set of rules with two-thirds of the votes of all present in the WHO, which is immediately valid. As well as this international health regulations, if a special international Situation, and this act is urgent. And that’s why you always keep this state of emergency. …
This global vaccination schedule is in the connection, or even driven by GAVI, the vaccine Alliance of Bill Gates. He has, of course, yet another organization, you will be led by Bill Gates, it is: Bill & Melinda Gates Foundation. So, the Bill & Melinda Gates Foundation, who is also a Bill Gates, the name was previously: Bill & Melinda Gates Institute for population reduction. The father of Bill Gates was of the Fabian society, which is responsible for the depopulation. You can research it. And the mother was in the area of reproductive and sexual health. You see a business plan, and now they have speeded up the Whole thing with vaccines, therapies and diagnostics. The company’s plan, the state is prank against humanity.
From a political point of view, the WHO Constitution is the second most important document that you should know. In this document …
What can we do? So we need to know that nowhere in the texts of the UN or the WHO, is, that one can escape. We can say, like Trump simply: “We will not have to pay more.” Because our state will pay heads with our tax money, without asking us, must we not say to our States: “We want you to represent us and our tax used the funds to Finance this. Why do you have such company in our name created?“
The second way is from the System to withdraw. Click here to see the United Nations System.
It is not easy to make an international court of justice, because the two international courts for civil law and criminal law and the Nuremberg Tribunal, the organs they are associated with these UN-at the very top. And with five countries (the UN security Council) to decide the still on everything. The WHO is an Agency, but it is everywhere, the portal of Entry. You can find this illustration in German, in French, English. If you enter as the “United Nations System PDF” then you can find it all.
https://www.un.org/depts/german/orgastruktur/vn-organigramm_oktober2011.pdf
https://www.un.org/depts/german/orgastruktur/dpi2470rev5-german.pdf
So, we need to go back, in a different Dimension. We need to understand that this is very long so. The UN was created by the masons from France, Ireland and Scotland, but also with the United States and other forces We know that the world Bank and the international monetary Fund, are also part of this global network. And the BIS (Bank for International settlements) in Basel is the Bank of all banks.
We know that you don’t censor that you want to our Well-being, that the lies are always there. And as Andreas Thiel has already said, we need to come back to the base, to the life. In order to live, the means are quite simple, we choose. All of this to Happen to move us out of this System, from the Matrix to withdraw. What has been said Ivo, is also a bit of a departure from the Vatican System, from that of Roman law.
von Dr. Astrid Stuckelberger
Quellen/Links:
Astrid Stuckelberger
e point: major amounts of money are being mobilized to cut off big, fat tail risks to inflation, and to re-emphasize…
…five-year forward five-year breakeven inflation expectations do not price geopolitical risk. I also believe that most inflation traders may not appreciate that the future path of inflation in the West is being “bought” in $15 to $20 billion “clips” one commodity and one region at a time – commodity encumbrance is a real risk.
Commodity encumbrance cuts in the other direction too…
Consider that on November 3, 2022, Canada ordered three Chinese firms to exit lithium mining (see here). In simple terms, commodity encumbrance means…
…a total war for the control of commodities.
President Xi’s “next three to five years” of implementing the “new paradigm” and the risks of resource nationalism and “BRICS coin” means this for G7 rates:
when you look at the yield curve and think about the five-year section and then the forward five-year section, by the time the forward five-year section starts, President Xi may have accomplished his “next three- to five-year” goal of paying for China’s oil and gas imports exclusively in renminbi and may have advanced commodity encumbrance by developing downstream petrochemical industries in the Middle East “region” of Belt and Road and also the rollout of “BRICS coin”.
I don’t think five-year forward five-year rates are pricing the future correctly: breakevens appear to be blind to geopolitical risks and the likelihood of the above.
If the above scenario won’t come to pass, it will be due to a big, global fight…
But a fight like that takes time to conclude, and in its wake, forward five-years should still be different. Or maybe not, if yield curve control funds reconstruction, but under that scenario, bond investors will be subject to financial repression…
Five-year forward five-year breakeven inflation expectations now make little sense. For two generations of investors, geopolitics did not matter. This time is different: it’s time to get real and it’s time to start pricing the secular end of “lowflation”…
Recognize two things: first, that inflation has been driven by non-linear shocks (a pandemic; stimulus; supply chain issues involving laptops, chips, and cars; post-pandemic labor shortages; and then the war in Ukraine), and second, that inflation forecasts treat geopolitics in the reaiview mirror. Don’t be too DSGE…
…think about inflation with geopolitics, resource nationalism, and “BRICS coin” in mind as the next set of non-linear shocks that will keep inflation above target, forcing central banks to hike interest rates above 5% and keep them high as they…
…”clean up” the inflation mess caused by Great Power conflict.
This year was just the beginning. Next year sets the stage for BRICS and the BRI: in April. China will host the fourth Belt and Road Forum (the WEF of the East). Following forums in 2017 and 2019, but not 2021 due to Covid, the coming forum will be hosted by a China that, while in lockdown, forged a bond with all of OPEC+.
(2) Globalists plot to vest permanent power in WHO, via International Health Regulations (IHR)
https://www.1news.info/health-news/bill-gates-global-takeover-is-official-1315334
Bill Gates Global Takeover Is Official
Published: December 26, 2022 in Health News by 1news.info.
The WHO is actually a specialized agency within the United Nations. It was initially established in 1948 to “further international cooperation for improved public health conditions,” but we can now see that the long-term goal of the WHO is to serve as a foundation or hub for a one world government under the auspice of coordinating and ensuring global biosecurity.
This becomes self-evident when you review the proposed amendments1 to the existing International Health Regulations (IHR) and the new pandemic treaty, which Nass and Corbett review in the featured video.
I also provided details about the treaty in “What You Need to Know About the WHO Pandemic Treaty.” Below, I will primarily focus on the proposed amendments to the International Health Regulations (IHR).
Health Regulation Amendments Will Legalize Tyranny
In a December 16, 2022, Substack article,2 James Roguski also reviewed how a temporary crisis (the COVID-19 pandemic) — which, by the way, is long since over — is being used by the WHO to seize permanent power.
The WHO’s ‘recommendations’ are legally binding by all member states, and supersede all national and state laws, including the U.S. Constitution.
Here’s a quick overview of some of the most dangerous and egregious IHR amendments they intend to implement, and what it will mean for you and I. For additional details, see the three references listed here:3,4,5
Eliminating the concepts of respect for human dignity, human rights and fundamental freedoms — The first principle in Article 3 of the original IHR states that health regulations shall be implemented “with full respect for the dignity, human rights and fundamental freedoms of persons.”
The proposed amendment to this Article will strike “with full respect for the dignity, human rights and fundamental freedoms of persons.” Now, health regulations will be based on “principles of equity, inclusivity and coherence” only.
What does that mean? Think “You must wear a mask/social distance/isolate/get jabbed to protect others,” even if you’re not sick, or for whatever reason don’t want to do any of those things.
Autonomy over your body will be eliminated. You’ll have no right to make personal health decisions. Even if you suspect you might die from the intervention, you have to comply because it’s all about what’s “best” for the collective.
Individuals won’t matter. Human dignity will not be taken into consideration. Human rights will not be taken into consideration, and neither will the concept that human beings have fundamental freedoms that cannot be infringed.
Another amendment is that public health measures will no longer be aimed at achieving “the appropriate level of health protection.” Instead, the new objective will be to attain the “highest achievable level of health protection” without any consideration of proportionality. It’s easy to see how this amendment will be used as justification for the removal of individual rights and freedoms.
Dictatorial powers will be given to the director-general of the WHO — The director-general will have sole power to declare the beginning and end of a public health emergency of international concern (PHEI), and the sole power to dictate responses (including travel restrictions, mask mandates, lockdowns, business closures and vaccine requirements), and the allocation of resources to that PHEI, including funding and what drugs are to be manufactured and used.
These dictates will override and overrule any and all national laws within member states, including the U.S. Constitution.
The obligations under the amended IHR are legally binding, and any member nation that refuses the director-general’s recommendations can be punished through a variety of mechanisms, including economic sanctions and embargoes. Note that the term “recommendation” is defined as “legally binding,” which means they’re actually dictates, not suggestions.
Dictatorial powers will be given to unelected regional directors of the WHO — Similarly, appointed (not elected) regional directors will have the power to determine what constitutes a public health emergency of regional concern (PHERC), and their decisions will also overrule all other laws and Constitutional rights.
Eliminating privacy rights — One of the amendments (page 25) authorizes the disclosure of private and personal data, including genomic data, “where essential for the purposes of assessing and managing a public health risk,” i.e., contact tracing and related efforts.
Expanding censorship — The WHO will “strengthen capacities to … counter misinformation and disinformation” at the global level. In other words, censorship of information will be expanded. The WHO will dictate what “truth” is, and since its decisions are legally binding, countries must enforce compliance.
Mandating vaccine passports and digital IDs globally — The IHR amendments will also give the WHO the power to mandate the use of “health certificates,”6 i.e., vaccine passports. The vaccine passport, in turn, will operate as your digital identification, which will be tied to every aspect of your life, including your bank accounts and social credit score.
In short, it will usher in a surveillance and forced compliance system. The G20 also recently declared that digital vaccine passports standardized by the WHO will be part of international pandemic prevention and response moving forward.
The Trail of Corruption
Ever since its founding in 1948, the WHO has been infiltrated by industry. From Big Tobacco to the nuclear industry and pharmaceuticals, industry has historically dictated the WHO’s global agenda and continues to do so in the present day, putting profits and power ahead of public health.7
In April 2020, then-President Donald Trump suspended U.S. funding to the WHO,8 but then directed the U.S. funding for WHO to GAVI, which is a Gates controlled charity that likely just sent the funds to WHO. President Joe Biden restored U.S. funding once he took office.9
The Bill & Melinda Gates Foundation even before Trump pulled funding was still the WHO’s No.1 funder, as Gates contributes via multiple avenues, including the Bill & Melinda Gates Foundation, the vaccine alliance GAVI, the Strategic Advisory Group of Experts (SAGE), UNICEF and Rotary International.
Gates contributes such a large portion — currently about $1 billion of the WHO’s $4.84 billion biennial budget10 — that Politico in 2017 wrote a highly-critical article11 about his undue financial influence over the WHO’s operations, which Politico said was causing the agency to spend:
“… a disproportionate amount of its resources on projects with the measurable outcomes Gates prefers … Some health advocates fear that because the Gates Foundation’s money comes from investments in big business, it could serve as a Trojan horse for corporate interests to undermine WHO’s role in setting standards and shaping health policies.”
Indeed, as noted by Robert F. Kennedy Jr. in his book “Vax-Unvax,”12 “The sheer magnitude of his foundation’s financial contributions has made Bill Gates an unofficial — albeit unelected — leader of the WHO.” And, in that role, Gates is able to ensure that the decisions the WHO makes end up profiting his own interests and those of his Big Pharma partners.
A ‘One World’ Health Plan
In October 2022, the WHO announced a new initiative called One Health Joint Plan of Action. The plan was launched by the Quadripartite, which is made up of:
Beyond the amendments to the IHR, this initiative will also expand the WHO’s powers. The One Health Joint Plan of Action combines multiple globalist organizations and synchronizes their plans, while at the same time combining their resources and power to create a centralized global superpower.
Decentralized health care and pandemic planning make sense, as both medicine and government work best when individualized and locally oriented. As it stands, however, the opposite global agenda is being implemented.
While the Pandemic Treaty and the IHR amendments expand and centralize power over human health with the WHO, the One Health Joint Plan expands the WHO’s power to also address “critical health threats” to animals, plants and the environment.
When you add that together with the planned elimination of human rights, you can see how the One Health Joint Plan can be used to enforce climate lockdowns, for example, or travel restrictions to protect wildlife or the environment. To learn more about this plan, see my previous article, “WHO Assembles Superpowers With ‘One Health Plan.'”
Jeremy Farrar Selected To Be WHO’s Chief Scientist
December 13, 2022, the WHO announced that Sir Jeremy Farrar, head of the Wellcome Trust, has been chosen as its new chief scientist.13 The announcement came mere days after the publication of Dr. Anthony Fauci’s deposition transcript,14 which showed he and Farrar colluded to suppress discussion about SARS-CoV-2 origin. …
Agenda 21 is based on the ideology of “communitarianism,” which argues that “an individual’s rights should be balanced against rights of the community.” Community, however, in the mind of the globalists, is made up of NGOs, corporations and government, which are to dictate what happens around the world. The people are not really part of the equation.
So, the communitarianist philosophy of Agenda 21 and the IHR amendment that removes human rights and freedoms come together like two pieces of a puzzle. The WHO’s biosecurity powers can then be used to pave the way for the more freedom-robbing aspects of Agenda 21.
(3) Dr. Astrid stuckel Berger: the WHO, the UN and its Plan for a global coup d’état
https://www.kla.tv/AstridStuckelberger/24562
Astrid stuckel Berger
Friday, 23. December 2022
18. AZK – Dr. Astrid stuckel Berger, “The WHO, the UN and its Plan for a global coup d’état against our freedoms”
As a longtime WHO collaborator Dr. Astrid stuckel Berger has witnessed first-hand how the top health authority, the world works. The grievances in the WHO became internationally well-known Whistleblower. In her talk, she describes how she taught at the WHO, that, in the event of a pandemic, the human rights respected, no panic, stoked, and in any case a Lockdown should be imposed. However, as in the case of Corona the exact opposite occurred, have you understood, that there is a dictatorship was in preparation. You will hear your exciting revelations. [read more]
Introduction by Ivo Sasek
And I say, the last speaker, she is a charming and highly competent Whistleblower. And I’ll tell you the WHO and the United Nations have to fear every reason to be this Lady now, not because she is dressed as a Tiger, but because they will Express themselves fearlessly to the topic you will talk about – and listen well to the title, there is already so much in it: “The WHO, the UN and its Plan for a global coup d’état against our freedom”. We welcome with great thanks and admiration for this brave woman, woman doctor, Astrid stuckel Berger. Thank you that you are there, we see a brief summary of your resume. Please be nice.
Dr. Astrid Stuckel Berger
Private lecturer and a PH-service [explanation: a doctoral degree in English-speaking countries] Dr. Astrid stuckel Berger has developed over the years into an internationally recognized expert on global public health and health policy issues. She has more than 25 years of experience as a researcher and trainer in the field of public health at the medical faculty of the University of Geneva and as a Professor at universities in Switzerland and abroad. In addition to WHO she is co-founder and current President of the Geneva International Network on Ageing (GINA), as well as former Chairman of various NGO committees at the United Nations, where she represents since 2002, an academic, an American NGO. Within the United Nations, she worked three years, and in particular with the WHO, to schools, to the Minister of health and epidemiological centers of the regional offices in the implementation of the new international health regulations, and in dealing with emergencies of international importance, such as pandemics. She was appointed rate as an independent expert in the ethics Committee of the WHO on the ethical compliance of international research proposals. Over the years she also worked as a consultant for the WHO in several areas, such as: Mental health, healthy aging and the social determinants of health [explanation: the Economic and social conditions that influence the health status] active. On the European level, it is in addition to the implementation of research projects as an EU expert for health and Innovation for seniors, active, and in particular of the ethical and legal aspects. She was awarded by the Secretary-General of the United Nations for their achievements during the International year of older persons 1999. She is the author of a dozen books and more than 180 scientific papers and Reports for the UN, the EU or of the governments, of which 40 reports and health policy papers for the United Nations and the WHO.
Lecture by Dr. Astrid stuckel Berger: “The WHO, the UN and its Plan for a global coup d’état against our freedoms”:
I greet you warmly in the world.
I want to thank Ivo Sasek, and his Team to bring all these people from all these countries here.
It’s like quantum media the world has the feeling to be here, and we have the feeling of being in the world, so the technology should be used in a good way.
I would like to tell you first, we are really in a historical, biblical, apocalyptic time. What I’m about to present to you, is dramatic, but it is also necessary.
It is a Great is not Reset, but a great awakening.
The human consciousness is in need of this. This has not always been here, this is new. This global System enables us to see how tyranny is to grow global. I would like to take on Mr Pfaff reference, because in American history (specification of the Live-Translation: history of the UN) has impressed me something: the General Roméo A. Dallaire was witness to the genocide in Rwanda. There was nothing he could do, he wanted to stop it. He has called on the UN Secretary-General. The genocide has taken place before his eyes, even though he was actually there for peace and security. I may personally meet and we have a Panel, a discussion platform, a round of established peace between the generations. He (Dallaire) told me something that has stayed with me always, he said: “I know that there is a God, because I shook in Rwanda, the devil’s Hand. I saw him, smelled him and I have touched him. I know that the devil exists and therefore I know that there is a God.“
So this is an example of a model of someone in a war situation is but I would like to make the Good, and so it is today. André Malraux, a French writer has said, we are in a spiritual century or not. And I would say the bottom line is, we have already won. And we must remain in this high vibration and stop. I’ll show you a Plan, but stay in the high vibration.
We now live under a tyranny of the WHO and the UN.
I have to say one thing at the very beginning.
The States are not States. The States are already registered as a company, been to several places around the world, including European States.
Switzerland has been listed as a Confederation, for example, in 1993 in Brussels and also in 2014….so you begin to understand. I’m going to give you a General overview of this crisis, the COVID-19 is called, where we are, 3 years later, still under the state of Emergency, so on a national and on an international level. And this is completely unjustified. You’ll still see people with a mask, with disinfectant gel for hands, with Plastic dividers in the Restaurants. And it is all about the regulations, health regulations, the WHO, the have been installed, for example, in the Swiss epidemics act, but also in all other health care legislation in the world. Click here to see a graphic that is quite extensive, and you will see that step by step, year after year, always something to be done. The American and Israeli expert Aaron Antonovsky is specialized to analyze coherence [explanation: relationships], as a key element for the mental health. And I’m trying to draw this sense of consistency, a little bit for you.
In the first Phase, the fear was created and propagated, in which a Virus is inflated and the people were afraid that you will die from it. The media have increased the Drama, really, and it has been shown the photos, for example, it has been shown in the hospitals, coffins, to make people scared.
Professor Ioannidis, one of the Top epidemiologists in the world, from Stanford University, has shown that there were 2020, more Dead than in other years and published for the first time with the WHO and also at other Places.
Further evidence [explanation: a Systematic evidence of the benefit of a diagnosis, or therapy] is that the COVID Virus mutates rapidly, so that it actually disappears in a couple of months back.
I have to compare in 2002, an article written by SARS-CoV 1 and SARS-CoV 2 together. And this Coronavirus mutates so quickly that it has only reached 24 countries, and after 8 months it was gone again. There were no pandemic, only about 700 and some Dead. It was impossible for a vaccine because the Virus mutates again and again.
You really have stoked fear that the people are ready to do anything just so that this Virus drops you in the head.
And by the way, the Virus was isolated also never. According to the postulates of Koch, and also to the what, the WHO prescribes to international regulations, would have to be isolated the Virus.
There are four criteria:
To isolate, characterize, very important, the causality [explanation: the relationship between cause and effect] to investigate.
If it has found the Virus, it is injected in animals and observed whether it developed the same symptoms again and again. The man has not made. And what was also criticized ultimately, it was never done a study on the Transmission.
So you could say that The PCR Test is a complete lie. Kary B. Mullis, the inventor of the PCR Tests, has said that you can’t use for diagnosis. He is a Nobel laureate. The CDC, the health authority in the United States, has said (in 2020) also: the use of the PCR test is very limited. You can investigate so that no bacteria or viruses. This is not suitable for the diagnosis. To search only for something Specific; therefore, only for the Research. And the WHO has said.
So we have the tyranny of the year 2020.
And in 2021, we have a huge global study with the open sky (field experiment). This is not a clinical study. This is impossible. This is not ethical. In the ethics, you must do this on a very limited number of spaces, specifically, for example, with 80 people.
I myself was in the ethics Committee of the WHO and I can tell you, there is absolutely nothing Ethical about this approach, with COVID, and it would not be safe to come through this way. The first is a pharmaceutical company can’t make yourself study when it is itself involved in this. And, above all, when it was sold after the funds. And in ethics, it is also so that you have to pay, if there are side effects. This company does not. And you will also be liable for the damage caused. And, as you can see it in Red, you really have a conscious, enlightened wants to have the decision-making, as it has wife Beate workers said this Morning. And you must have signed it, because it is afterwards a legal document. And furthermore, there is no privacy. Because everyone says Yes, if he is vaccinated or not.
And you can’t be traveling without vaccinated to, in this case, the private data. This is unacceptable and against international law.
In the name of that you have to take care of all, that was now in the first Phase, the fear-inciting and after the injection of an experimental substance to persons weak as children. Actually, you don’t have to be inoculated older people, because the antibody. I’ve done research about it, and as you can see, it is even bad for you.
So the second Phase is then the total control. You can see already, that you exercise with this vaccination already control. And between 2022 and 2024 happen now several things at the same time, coming from the WHO and the UN
> the digitization of the world
> the QR-Code anywhere and
> this continuous Narrative [explanation: the repetitive narrative] of the Virus. …
And now we go on to this global Plan of how it will be implemented, how the process is. There are two key documents. The international health regulations, which are available in multiple languages, where you describe how to manage a pandemic at international and national level. Always in the name of security. The Second is the Constitution of the WHO. The was made in 1948, finished, and seven times changed. You have to look closely. And the article 19 to 22 are the door, the Opening for the complete dictatorship. The Global, in cooperation with the UN. Because the article 57 of the UN Charter on this together. And they are currently working on a document that I’m about to show you. You want to call it the “Treaty” (Treaty/agreement) or Convention for the pandemics.
The Name is CA+. I think this means “Convention agreement” [explanation/Translation: agreement to the Convention]. This is the third Version that I’m about to show you. So let’s look at the one by the other and look after also works like the System.
First, the international health regulations in 1969, it had made since the first Version and in order to regulate the travel of people between countries. And in 2002, after SarsCov1 it has created a much more comprehensive second Version, which came into force in 2005 and is used for today. And as I have taught, we have made actually, first, that each state is its own answer. And that also respects the human rights, the protection of the passengers, for example and that makes a Lockdown that relates to the company or the airlines. It was actually more, to protect exactly this. That’s why I immediately understood that there is a dictatorship in preparation.
One thing you need to know, because that will be important for the future: That the Constitution of the WHO may decide to in articles 19 – 22, especially 21, a set of rules with two-thirds of the votes of all present in the WHO, which is immediately valid. As well as this international health regulations, if a special international Situation, and this act is urgent. And that’s why you always keep this state of emergency. …
This global vaccination schedule is in the connection, or even driven by GAVI, the vaccine Alliance of Bill Gates. He has, of course, yet another organization, you will be led by Bill Gates, it is: Bill & Melinda Gates Foundation. So, the Bill & Melinda Gates Foundation, who is also a Bill Gates, the name was previously: Bill & Melinda Gates Institute for population reduction. The father of Bill Gates was of the Fabian society, which is responsible for the depopulation. You can research it. And the mother was in the area of reproductive and sexual health. You see a business plan, and now they have speeded up the Whole thing with vaccines, therapies and diagnostics. The company’s plan, the state is prank against humanity.
From a political point of view, the WHO Constitution is the second most important document that you should know. In this document …
What can we do? So we need to know that nowhere in the texts of the UN or the WHO, is, that one can escape. We can say, like Trump simply: “We will not have to pay more.” Because our state will pay heads with our tax money, without asking us, must we not say to our States: “We want you to represent us and our tax used the funds to Finance this. Why do you have such company in our name created?“
The second way is from the System to withdraw. Click here to see the United Nations System.
It is not easy to make an international court of justice, because the two international courts for civil law and criminal law and the Nuremberg Tribunal, the organs they are associated with these UN-at the very top. And with five countries (the UN security Council) to decide the still on everything. The WHO is an Agency, but it is everywhere, the portal of Entry. You can find this illustration in German, in French, English. If you enter as the “United Nations System PDF” then you can find it all.
https://www.un.org/depts/german/orgastruktur/vn-organigramm_oktober2011.pdf
https://www.un.org/depts/german/orgastruktur/dpi2470rev5-german.pdf
So, we need to go back, in a different Dimension. We need to understand that this is very long so. The UN was created by the masons from France, Ireland and Scotland, but also with the United States and other forces We know that the world Bank and the international monetary Fund, are also part of this global network. And the BIS (Bank for International settlements) in Basel is the Bank of all banks.
We know that you don’t censor that you want to our Well-being, that the lies are always there. And as Andreas Thiel has already said, we need to come back to the base, to the life. In order to live, the means are quite simple, we choose. All of this to Happen to move us out of this System, from the Matrix to withdraw. What has been said Ivo, is also a bit of a departure from the Vatican System, from that of Roman law.
von Dr. Astrid Stuckelberger
Quellen/Links:
Astrid Stuckelberger
www.astridstuckelberger.com