Forwarded from Shahid Bolsen
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Shahid discusses his reversion to Islam
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Forwarded from The Paradigm Shift Channel ⏳ (Jonathan Mohan)
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🔹Vietnam will join ASEAN members Indonesia, Malaysia, Thailand, the Philippines and Singapore to establish cross-border payments mechanisms through the Regional Payment Connectivity (RPC) initiative. Indonesia, Malaysia and Thailand have agreed to later facilitate cross-border transactions for financial assets like equities and government bonds in local currencies.
🔹These countries have a mandate to include other ASEAN 🇧🇳 🇰🇭 🇮🇩 🇱🇦🇲🇾 🇲🇲 🇵🇭 🇸🇬 🇹🇭 🇻🇳 members in the RPC initiative. Vietnam's financial authority in charge of domestic payment systems is currently in talks with the local industry to agree on a national QR system for 'instant' retail payments.
🔹Last month, Russia🇷🇺 , (meeting with ASEAN) called for starting consultations on the use of national currencies in mutual payments with ASEAN countries to bypass USD 💵 denominated transactions.
🔹ASEAN member Indonesia plan to use local currencies in bilateral trade with India🇮🇳 . In May, South Korea 🇰🇷 and Indonesia 🇮🇩 signed a MoU to cooperate on promoting the use of their currencies for bilateral transactions. The Bank of Indonesia is working on its own domestic card payment system as part of a strategy to reduce dependency on foreign systems and protect transactions from geopolitical fallout.
🔹Last November, an official meeting of all ASEAN nations' Finance Ministers & Central Bank Governors was held to discuss reduced dependence on the US Dollar, Euro, Yen, and British Pound from financial transactions and move to settlements in local currencies.
Video source - Bank Indonesia
🔹These countries have a mandate to include other ASEAN 🇧🇳 🇰🇭 🇮🇩 🇱🇦🇲🇾 🇲🇲 🇵🇭 🇸🇬 🇹🇭 🇻🇳 members in the RPC initiative. Vietnam's financial authority in charge of domestic payment systems is currently in talks with the local industry to agree on a national QR system for 'instant' retail payments.
🔹Last month, Russia
🔹ASEAN member Indonesia plan to use local currencies in bilateral trade with India
🔹Last November, an official meeting of all ASEAN nations' Finance Ministers & Central Bank Governors was held to discuss reduced dependence on the US Dollar, Euro, Yen, and British Pound from financial transactions and move to settlements in local currencies.
Video source - Bank Indonesia
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Forwarded from Rerum Novarum // Intel, Breaking News, and Alerts 🇺🇸
🇳🇪⚡️ - Niger has raised the price of uranium from 0.8 to 200 euros per kilogram.
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❗️France Has Begun Negotiations For Withdrawing Troops From Niger — Le Monde
The number of forces to be evacuated is unknown.
Part of the units will be sent to Chad, and the others will return home.
The number of forces to be evacuated is unknown.
Part of the units will be sent to Chad, and the others will return home.
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Every major Arab and Muslim country, from Saudi Arabia to Pakistan, from Algeria to Indonesia, has trade relations with Israel. Opposition to political normalization is theatre at best, counter-productive deception at worst.
As long as you pretend to be opposed to Israel while doing business with Israel, your trade ties can never be leveraged for political ends -- except against yourselves.
This is a charade that allows economic relations to be exempt from political accountability
As long as you pretend to be opposed to Israel while doing business with Israel, your trade ties can never be leveraged for political ends -- except against yourselves.
This is a charade that allows economic relations to be exempt from political accountability
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Forwarded from Slavyangrad (Miroslav)
🇩🇪 German economists fear for the state of Germany
Germany has become Europe's "sick man" again, Hans-Werner Sinn, head of the Ifo Institute, told CNBC.
According to Sinn, the current economic difficulties "are not a short-term phenomenon" and contribute to the political shift of the citizens of Germany to the right.
“Pragmatism is a little lacking in current politics,” the economist added
@Slavyangrad
Germany has become Europe's "sick man" again, Hans-Werner Sinn, head of the Ifo Institute, told CNBC.
According to Sinn, the current economic difficulties "are not a short-term phenomenon" and contribute to the political shift of the citizens of Germany to the right.
“Pragmatism is a little lacking in current politics,” the economist added
@Slavyangrad
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Forwarded from Multipolar Market
🇩🇪 Half of Germans fear economy collapse
According to Der Spiegel data, 50% of Germans believe that in 10-15 years Germany will cease to be one of the world's leading economies.
More than half of German businessmen are sure that Germany has passed its peak of development.
According to 76% of businessmen, the high cost of electricity in Germany will lead to deindustrialization.
German GDP stagnated from April to June compared to the first quarter, as reported by the Federal Statistical Office at the end of July. Prior to that, it had contracted for two consecutive quarters.
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According to Der Spiegel data, 50% of Germans believe that in 10-15 years Germany will cease to be one of the world's leading economies.
More than half of German businessmen are sure that Germany has passed its peak of development.
According to 76% of businessmen, the high cost of electricity in Germany will lead to deindustrialization.
German GDP stagnated from April to June compared to the first quarter, as reported by the Federal Statistical Office at the end of July. Prior to that, it had contracted for two consecutive quarters.
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Methodology_of_Geopolitics_Part1_by_George_Friedman_z_lib_org.pdf
176.7 KB
For those interested in an introduction to geopolitics
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For anyone interested in the reality of Khilafah versus the Hizb-ut-Tahrir mythology and bogus interpretations, I highly recommend this playlist for clarity:
https://www.youtube.com/playlist?list=PLGFQ-qdt_egRGmfch7x9cg2R2H1f-JS4S
https://www.youtube.com/playlist?list=PLGFQ-qdt_egRGmfch7x9cg2R2H1f-JS4S
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Forwarded from The Paradigm Shift Channel ⏳ (Jonathan Mohan)
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The de-industrialisation of Germany 🇩🇪 - Part 10:
🔹The HCOB Flash Germany Composite PMI Output Index - which gauges activity in the manufacturing and services sectors -fell to 44.7 in August, from 48.5 in July, the lowest level since May 2020.
🔹German Chamber of Commerce and Industry Survey -
52% of co.'s say the 'green' energy transition has a negative impact on their own business.
32% of industrial co.'s plan relocation of capacities abroad or reduction of production in Germany.
🔹 Mail order retailer 📦, Klingel GmbH (Bell group) declares bankruptcy after 100 years in operation.
🔹German industrial 🏭 production weakened further in July, with energy-intensive industry approaching again the low, set in Dec. 2022.
🔹50,600 businesses closed down in H1 2023, an increase 📈 of 12.4% compared to H1 2022. In balance, there has been an increase in new start-ups. The number of corporate insolvencies rose 23.8% in July compared to July '22.
🔹 The outflow of capital from Germany since 2013 has exceeded $600 billion, with almost half of that happening in the last two years.
🔹Allensbach Survey -
58% of business executives said that Germany has passed its zenith.
76% of managers believe that concerns are justified over de-industrialization.
🔹 The ifo Business Climate Index (July 2023) has fallen 📉 for the third month in a row.
🔹The number of company bankruptcies in EU🇪🇺 countries in Q2 2023 increased by 8.4% compared to Q1, reaching the highest level measured since 2015, when data began to be collected.
Previous parts on the de-industrialisation of Germany 🇩🇪:
💠 Part 9 - Aug. '23
💠 Part 8 - Jun. '23
💠 Part 7 - May '23
💠 Part 6 - Mar '23
💠 Part 5 - Feb. '23
💠 Part 4 - Jan. '23
💠 Part 2 and Part 3 - Nov. '22
💠 Part 1 - Oct. '22
Video source - AfD Clips
🔹The HCOB Flash Germany Composite PMI Output Index - which gauges activity in the manufacturing and services sectors -fell to 44.7 in August, from 48.5 in July, the lowest level since May 2020.
🔹German Chamber of Commerce and Industry Survey -
52% of co.'s say the 'green' energy transition has a negative impact on their own business.
32% of industrial co.'s plan relocation of capacities abroad or reduction of production in Germany.
🔹 Mail order retailer 📦, Klingel GmbH (Bell group) declares bankruptcy after 100 years in operation.
🔹German industrial 🏭 production weakened further in July, with energy-intensive industry approaching again the low, set in Dec. 2022.
🔹50,600 businesses closed down in H1 2023, an increase 📈 of 12.4% compared to H1 2022. In balance, there has been an increase in new start-ups. The number of corporate insolvencies rose 23.8% in July compared to July '22.
🔹 The outflow of capital from Germany since 2013 has exceeded $600 billion, with almost half of that happening in the last two years.
🔹Allensbach Survey -
58% of business executives said that Germany has passed its zenith.
76% of managers believe that concerns are justified over de-industrialization.
🔹 The ifo Business Climate Index (July 2023) has fallen 📉 for the third month in a row.
🔹The number of company bankruptcies in EU
Previous parts on the de-industrialisation of Germany 🇩🇪:
💠 Part 9 - Aug. '23
💠 Part 8 - Jun. '23
💠 Part 7 - May '23
💠 Part 6 - Mar '23
💠 Part 5 - Feb. '23
💠 Part 4 - Jan. '23
💠 Part 2 and Part 3 - Nov. '22
💠 Part 1 - Oct. '22
Video source - AfD Clips
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Media is too big
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From a call about a project to build Muslim private sector networks
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Germany to predict economic contraction in 2023 instead of sluggish growth
The German government will predict a contraction for this year instead of sluggish growth when it updates its outlook next month, Bloomberg reported, citing people familiar with the revised forecast.
Gross domestic product is likely to contract in Q3 and expand only slightly in Q4, implying the economy will shrink at an annualized rate in 2023.
Instead of the 0.4% full-year growth forecast at the end of April, the government will reportedly downgrade its outlook to a contraction of as much as 0.3%.
The revision would bring Germany in line with other pessimistic forecasts from the International Monetary Fund (-0.3%) and the European Commission (-0.4%).
The German government will predict a contraction for this year instead of sluggish growth when it updates its outlook next month, Bloomberg reported, citing people familiar with the revised forecast.
Gross domestic product is likely to contract in Q3 and expand only slightly in Q4, implying the economy will shrink at an annualized rate in 2023.
Instead of the 0.4% full-year growth forecast at the end of April, the government will reportedly downgrade its outlook to a contraction of as much as 0.3%.
The revision would bring Germany in line with other pessimistic forecasts from the International Monetary Fund (-0.3%) and the European Commission (-0.4%).
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