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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (55683)11/7/2004 1:59:28 AM
From: Elroy Jetson  Respond to of 74559
 
What's the response of the US & China governments to this?

My cynicism has reached such a level that I suspect some leaders in the U.S. and China may be busy trying to hide their connections to the fraud.



To: energyplay who wrote (55683)11/7/2004 5:48:55 AM
From: elmatador  Respond to of 74559
 
Nigeria is peaceful! French troops, mobs clash on Ivory Coast. 9 French peacekeepers and 1 american civilian dead in gov't air strike

<<Thousands of pro-government youths, some armed with machetes or axes, took to the streets of the commercial capital, Abidjan. Crowds went door to door looking for French citizens and set fire to a French school, sending a pall of smoke over the city.

"Everybody get your Frenchman!" young men in the mob shouted to each other.>>

French fighter jets deploy in Libreville over Ivory Coast crisis
AFP: 11/6/2004
LIBREVILLE, Nov 6 (AFP) - France on Saturday deployed three Mirage fighter jets to the Gabonese capital Libreville as a precautionary measure in response to escalating violence in Ivory Coast, a French military source told AFP here.

"Considering the situation in the Republic of Ivory Coast, France has decided to deploy three Mirage F1-CR aircraft to Libreville from Ndjamena as a precautionary measure," the source told AFP.

The deployment from the Chadian capital came as eight French troops were killed and 23 wounded in an attack by Ivory Coast government aircraft on French positions in the central rebel stronghold of Bouake.

The French force responded by destroying the two Ivorian Sukhoi 25 aircraft involved in the strike. The former colonial power France has 4,000 troops stationed alongside UN peacekeepers in Ivory Coast.

France keeps some 800 troops stationed permanently in Gabon, most of them in Libreville, and has two C-130 transport aircraft and three Cougar helicopters based there. The Mirage F1-CR is a combat and reconnaissance jet.

Gabon has served as a starting point for several European and United Nations troop deployments in Africa, notably to Ivory Coast in October 2002 and to the Democratic Republic of Congo's Ituri region.


canoe.ca

turkishpress.com



To: energyplay who wrote (55683)11/7/2004 10:46:42 AM
From: RealMuLan  Read Replies (1) | Respond to of 74559
 
>>There is a need for a Dun& Bradstreet / credit rating function - I would bet these "importers" are going from one factory to the next. Maybe the Bank of China, HK government, HSBC could do this service... track and validate importers.<<

I think maybe Chinese gov. will make it as a requirement that all exporting companies have to attend credit insure. Only in that case, the Chinese gov. can start track them. Too many small and medium size companies just go their own way and were taking advantages by the predators.

>>So real importers who pay their bills have to compete with "importers" who don't.<<

I guess real importers are mostly multinational corporations. No need to worry about them since they have their way to squeeze out the profit<g> For example the patent fee on DVD players. They biggies sit there, don’t lift one finger, but harvest most of the profit<ng> Yeah, one might argue they invest big in those technology, which is only half true because I think they have made much more back than what they have put in. The latest out from China is that Taiwan and Chinese scientists are jointly doing their own standard (I am not sure whether it is EDVD or not) to stop being looted by the big corporations. It is ridiculous that Chinese companies can only make a couple of bucks on each player that they have to 4-6 times more for the royalty.

>>Also means less domestic demand in China because workers are not paid.<<

Definitely, although it only contributes to some workers unpaid salary. Most unpaid salaries are resulted from officials/project leaders stolen and embezzlement, and they simply move the capitals to some Swiss or other foreign banks. Plenty of poor workers got millions unpaid salary. From late last year, the Central gov. start to pay attention to this. All rural workers in Beijing now start to get paid through the city gov. (national banks) so no more delay pay. And some local governments also make laws to punish those who delay workers salary. And plenty of the violence in China has been resulted from workers going to the boss to ask for the delayed salary. Sign…

>>And we can bet some of this stolen money is going to finance drug trade and possibly terrorism<<

Might be<g>

And drug problem in China, especially in the wild west part of China, is pretty bad. This issue is so complicated that need to post separately<g> The only thing I want to say here is a lot of drug money in Xinjiang has gone to fund Eastern Turkistan terrorist organization.

>>What's the response of the US & China governments to this ?<<

I don’t think the US gov. will do anything about this since this practice helps the US economy a lot, and hold down the inflation in the US too<g>

Chinese gov. really has its hands full now. And only recently this issue caused some public attention. As a start, some scholars suggest should try to switch back to L/C system as much as possible, and as fast as possible. On the other hand, more and more exporting companies should learn some hard lessons after they lost big<ng>



To: energyplay who wrote (55683)11/10/2004 4:26:21 AM
From: Raymond Duray  Read Replies (1) | Respond to of 74559
 
Re: And we can bet some of this stolen money is going to finance drug trade and possibly terrorism...

Now that's just plain silly. Terrorism? Oh, really. Come on, get real. The money most likely ends up where Chinese money usually does, gambled on real estate speculations. Who do you think supports all the condo development in Vancouver, for example? <grin>

No, energyplay, you've got to now take your medicine. Mentioning the word terrorism only leads me to believe that you are dangerously close to allowing yourself to be brainwashed by the dark forces at work on the recesses of citizen's minds. Here's the scenario:

informationclearinghouse.info

This is well worth watching. You'll learn how you're being cynically manipulated. By the very people we are supposed to rely on to protect us from these nightmares.