No matter how these institutions describe their capitulation to the new global bank, it is very clear that the IMF and, this time, the World Bank really have no choice but to give in to the new source of global financing in order to stay afloat.
American companies are also working on possible business ventures with the Russians in spite of the US pressure on the EU to press on with its sanctions against Russia.
Previously, we were already seeing signs of a possible global financial reset:
- An Early Form Of Capital Controls In America
- ECB Preparing Massive Loss on Greek Exit from Eurozone
- Global Currency Reset is Inevitable
- Major Events are Imminent; Get Ready, Avoid Panic
World Bank Ready to Cooperate With BRICS – Advisor
Senior Advisor on BRICS at the WB Group Otaviano Canuto said that the World Bank is open for cooperation with BRICS bank.
WASHINGTON (Sputnik) — The World Bank (WB) is open for cooperation with BRICS bank, Senior Advisor on BRICS at the WB Group Otaviano Canuto said Monday.
President of the WB Jim Yong Kim clearly stated that the bank is ready to cooperate with BRICS in various areas, Canuto told RIA Novosti.
The advisor explained that the World Bank plans to proceed from its 70-year-old experience in such kind of work. A new bank can learn much faster based on the experience of already existing institutions, Canuto added.
The third annual “Doing Business with the BRICS” conference is taking place in Washington.
The BRICS New Development Bank was created in mid-2014 by an agreement between Russia, Brazil, India, China and South Africa. The member states also agreed to establish a $100-billion liquidity reserve to maintain the bank’s financial stability.
The bank was designed as an alternative to Western global financial institutions.
US Companies Prepare Projects for St. Petersburg Economic Forum – Diplomat
The head of the Economic Section of the Russian Embassy to the United States Mikhail Kalugin says that US businesses want to work with Russia despite Western sanctions against the country, and some are preparing new projects that will be announced at the St. Petersburg Economic Forum.
WASHINGTON (Sputnik) — US businesses want to work with Russia despite Western sanctions against the country, and some are preparing new projects that will be announced at the St. Petersburg Economic Forum that will take place June 18-20, 2015, the head of the Economic Section of the Russian Embassy to the United States Mikhail Kalugin told Sputnik.
“We are speaking with the [US] business community, with different companies, discussing their projects in Russia,” Kalugin said on the sidelines of the third annual Doing Business with the BRICS conference in Washington on Monday.
“I can assure you that most of these companies working in Russia want to stay in Russia and they want to do business with us in spite of any sanctions,” he added.
Kalugin explained that Russia sees such developments as a good sign.
“We know that some American companies prepare new projects to be announced during St. Petersburg Economic Forum which will happen in June,” he stated.
In 2014, the United States, the European Union and their allies imposed several rounds of sanctions targeting Russia’s banking, energy and defense sectors, as well as certain individuals over Russia’s alleged role in the Ukrainian conflict.
Kalugin noted that Washington suspended the US-Russian Bilateral Presidential Commission as well as all work by its working groups.
“We see it as a step back in our cooperation, because we had lots of useful mechanisms, work groups to discuss our bilateral trade issues,” Kalugin said.
However, he added that on a working level, “we are communicating with the State Department and the Commerce Department.”
The Russian diplomat noted that at present, restoring the Commission is unlikely to happen.
“It is hard to imagine the restoration of the Presidential Commission or any of the work groups with sanctions still imposed on Russia. At this stage, I don’t think it’s going to happen,” Kalugin said.
The United States also excluded Russia last year from the US Generalized System of Preferences (GSP), a trade benefits program for developing countries.
“We were excluded because Russia is now a developed country,” Kalugin stated. “We knew that it would happen once, and it happened, so we don’t see it as a big problem.”
The GSP is a program designed to promote economic growth in the developing world by providing preferential duty-free entry for up to 5,000 products when imported from one of 123 designated beneficiary countries and territories.
The current sanctions against Russia are due to expire in July 2015. In response to the restrictive measures, Moscow introduced a year-long ban on certain food imports from the countries that had sanctioned it. Russian authorities have repeatedly denied involvement in the Ukrainian conflict and have called the sanctions illegal as well as counterproductive.
They have opted to implement the whole GCR thing gradually instead of one big Earth shaking announcement where egos fly and play with extremely overexcited audience.
But even then, one organization is not hiding its intention to hijack the efforts of the BRICS Alliance by announcing a globalwide “debt jubilee”, the total eradication of debt, which they who have installed the fiat banking system in the first place could only do.
- Pope Bergoglio & The BRICS Bank
- Bank for International Settlements (BIS) – The Vatican’s Central Bank
- How the Cabal Maintains Their Power & How to Defeat Them
The Jesuits, aka Satanic Knights Templar, were the precursor of the Fiat Banking System whose real motive was to hide and maximize the value of their stolen assets gained through the Holy Crusade, the decades of genocidal conquest in the East which are still ongoing until today. Yes, they have pioneered money laundering in a global scale. And they are calling this impending global financial reset as the “Holy Year of Mercy”, as if they are only cooperating with the BRICS Alliance out of mercy and not of defeat.
“Dear Brothers and Sisters, I have often reflected upon how the Church can make its mission as a witness of mercy more apparent. It is a journey that begins with spiritual conversion. For this reason I have decided to proclaim an Extraordinary Jubilee which focuses on God’s mercy. It will be a Holy Year of Mercy. We wish to experience this inspired by the Word of the Lord: “Be merciful, just as your father is merciful” (cfr. Luke 6:36). This Holy Year will begin on the next Solemnity of the Immaculate Conception and will conclude on 20 November 2016, Sunday of Our Lord Jesus Christ King of the universe and the living face of the Father’s mercy.”
“I entrust the organisation of this Jubilee to the Pontifical Council for the Promotion of the New Evangelisation, so that it may bring it to life as a new leg of the Church’s journey on its mission to bring the Gospel of mercy to every person. I am certain that this Jubilee will give the whole Church the joy of rediscovering the mercy of God and making it grow. All of us are called to be merciful and offer consolation to every man and woman of our time. We entrust it henceforth to the Mother of Mercy, that she may cast her gaze upon us and watch over our journey.”
“In Judaism and Christianity, the concept of the Jubilee is a special year of remission of sins and universal pardon. In the Biblical Book of Leviticus, a Jubilee year is mentioned to occur every fiftieth year, in which slaves and prisoners would be freed, debts would be forgiven and the mercies of God would be particularly manifest.
In the Holy Bible, Leviticus 25:8-13 states,
And thou shalt number seven sabbaths of years unto thee, seven times seven years; and the space of the seven sabbaths of years shall be unto thee forty and nine years. Then shalt thou cause the trumpet of the jubile to sound on the tenth day of the seventh month, in the day of atonement shall ye make the trumpet sound throughout all your land. And ye shall hallow the fiftieth year, and proclaim liberty throughout all the land unto all the inhabitants thereof: it shall be a jubile unto you; and ye shall return every man unto his possession, and ye shall return every man unto his family. A jubile shall that fiftieth year be unto you: ye shall not sow, neither reap that which groweth of itself in it, nor gather the grapes in it of thy vine undressed. For it is the jubile; it shall be holy unto you: ye shall eat the increase thereof out of the field. In the year of this jubile ye shall return every man unto his possession.
In Judaism the Jubilee Year is currently not observed in modern times because it only applies when representatives of all twelve tribes have returned to Israel and a majority of the world’s Jews live in the Land.”
One of the significant sources of funds for the Fascistic Nazionist Khazarian Mafia is the healthcare industry which registered a whopping $3.09 trillion in 2014, and is projected to soar to $3.57 trillion in 2017, in the US alone. We believe that this is just a conservative figure.
We can avoid using drugs, defeat any viral attack and scaremongering easily by knowing how to build our own comprehensive antiviral system. Find more about it here.