Coinbase acquires a financial services firm, it plans to become SEC-regulated broker dealer, all transactions will be reported to the government. Putin says that US trade tariffs are hidden sanctions on countries. Italy was working on a plan to have parallel currencies with the Euro, the plan still might be moving forward but in a different way and other countries might follow. If this happens the Euro is doomed. Bill Priestap said that Strzok was much more involved in the Clinton email case. DOJ caves and will give the gang of eight the classified documents on spygate. Trump pushes the Awan, Debbie Wasserman Shultz cover up, puts a spotlight on it. US struck a deal with China over the ZTE phone, there will be a fine and the other details are forth coming. Strange sonic booms in Cuba and now China at the US embassies. Czech PM rejects Merkels suggestion about refugees. European refiners side with Trump over Iran. Taliban and Afghanistan government come to an agreement of a ceasefire. Russia says they are not leaving Syria. Merkel says the US is trying to break world order. Elite attend the annual Bilderberg meeting to discuss how they can get back into power.
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Current News – 06.07.2018
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- Leading US cryptocurrency trading platform Coinbase initiated the process to become a fully regulated broker dealer by the US Securities and Exchange Commission (SEC).
- The acquisition could help the San Francisco-based exchange extend its offerings and subsequently expand into non-crypto financial products. In the announcement, the company said it’s looking to “work with regulators to tokenize existing types of securities,” which the exchange believes will “democratize access to capital markets” for companies and investors in the industry.
“If approved, Coinbase will soon be capable of offering blockchain-based securities, under the oversight of the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). This step forward is being made possible by our acquisition of a broker-dealer license.”
- US tariffs on steel and aluminum from the EU, Canada and Mexico are in reality economic sanctions, Russian President Vladimir Putin
- “Apparently, our partners thought they would never be affected by such a counterproductive policy related to restrictions and sanctions. However, we see now that it is happening.”
- The introduction of protective steel and aluminum tariffs, not only for Europe but also for Canada and Mexico, “is in principle the same as sanctions, though put in other terms,” the Russian President said.
- ITALY’S rejected Finance Minister Paolo Savona was among a group of economists preparing a “Plan B” which would have seen the country initiate the leaving the Euro over just a weekend, it has spectacularly been revealed.
- The groundbreaking plan, called “Plan B: Practical guide to leave the Euro”, set out a strategy to re-launch Italy’s former national currency the Lira.
- The financial experts called for the printing of eight billion new Lira coins in secret to avoid the destabilisation of financial markets.
- former BIS Chief Economist William White on how this will all unfold. Here’s his key point again.
… the trigger for a crisis could be anything if the system as a whole is unstable. Moreover, the size of the trigger event need not bear any relation to the systemic outcome. The lesson is that policymakers should be focused less on identifying potential triggers than on identifying signs of potential instability.
- Bill says the financial system is so fragile that practically anything could trigger a crisis. Better to watch for signs of potential instability. And one of the hot spots today is Italy.
- Parallel Currency
- Italy’s new government, an unexpected coalition between two populist parties, could blow up the fragile trust that keeps Europe together. And the leading parties may even be planning for it.
- The discussions between Lega Nord and Five Star included an idea called the “mini-BOT” that would effectively serve as a parallel currency.
- The BOT is Italy’s Treasury bill, and as in the U.S., it serves as a kind of cash equivalent in electronic trading. The mini-BOT would be a government debt instrument in paper form that pays zero interest and never matures.
- The government would use it to pay social benefits and accept it for tax payments. Private businesses would not be required to accept it, but they could.
- Private businesses and individuals would also, in theory, buy the mini-BOT as a way to pay their taxes. But they would buy them at a discount. So traders would immediately set up an arbitrage where the person getting the social benefits payment could sell them for euros for, call it, a 5% or 10% haircut.
- And other Mediterranean countries would watch this experiment and begin moving in the same direction themselves.
- Peter Strzok, the FBI counterintelligence agent played a more central role than previously known in both the Russia and Hillary Clinton investigations, .The assessment of Strzok’s involvement comes after six hours of closed-door interviews with FBI espionage chief Bill Priestap,
- We also learned in May that Peter Strzok went on a secret trip to London in the summer of 2016 to meet with Australian ambassador, Alexander Downer, to describe his meeting with Trump campaign advisor, George Papadopoulos. The FBI kept details of the operation secret from most of the DOJ – with “only about five Justice Department officials” aware of the full scope of the case. .
- The Department of Justice is planning to show senior lawmakers several highly-classified documents in an additional briefing on the FBI’s use of a spy as part of a counterintelligence operation on the Trump campaign,
- A senior DOJ official said that the so-called “Gang of Eight” will have an opportunity next Monday or Tuesday to review the additional documents which were not furnished during a high-level classified briefing in May.\
- The group includes Reps Devin Nunes (R-CA), Adam Schiff (D-CA), Richard Burr (R-NC), Mark Warner (D-VA), Paul Ryan (R-WI), Nancy Pelosi (D-CA), Mitch McConnell (R-KY) and Chuck Schumer (D-NY).
- Halper’s infiltration of the Trump campaign also corresponds with the two of the four targets of the FBI’s Operation Crossfire Hurricane.
- Halper’s involvement in spying on the Jimmy Carter campaign ahead of the 1980 US election has been well documented. (read more about Halper here)
- Evidence that Halper received over $1 million in academic contracts from the Obama Pentagon going back to 2012 is not in dispute – in fact it’s easily verifiable public record; with $282,000 awarded in 2016 and $129,000 in 2017 ($411,000 combined).
|Award ID||Recipient Name||Start Date||End Date||Amount||Awarding Agency|
|HQ003416P0148||HALPER, STEFAN||9/26/2016||3/29/2018||$411,575||Department of Defense|
|HQ003415C0100||HALPER, STEFAN||9/24/2015||9/27/2016||$244,960||Department of Defense|
|HQ003414C0076||HALPER, STEFAN||7/29/2014||7/31/2015||$204,000||Department of Defense|
|HQ003412C0039||HALPER, STEFAN||5/30/2012||5/29/2013||$197,626||Department of Defense|
- The entire point of “spygate” is that the Obama administration paid a known FBI and CIA asset – whose father-in-law was Ray Cline, former Deputy Director of the CIA – over $1 million in contracts through the Department of Defense. The FBI/DOJ then spied on the Trump campaign for the FBI in an unprecedented abuse of power, while also using an unverified dossier assembled by a former British spy which used high-level Kremlin sources to obtain a FISA warrant to surveil former Trump aide Carter Page.
Our Justice Department must not let Awan & Debbie Wasserman Schultz off the hook. The Democrat I.T. scandal is a key to much of the corruption we see today. They want to make a “plea deal” to hide what is on their Server. Where is Server? Really bad!
- After weeks of haggling over trade, Commerce Secretary Wilbur Ross announced on CNBC Thursday morning that the US had reached a “definitive” deal with Chinese telecom giant ZTE to allow it to resume purchases from American suppliers,
- it is not yet clear what the terms of the deal are, but we do know the deal includes a $1 billion penalty against ZTE, and that a compliance team selected by the US would be embedded at the company.
The Deep State tried to buy tons of ZTE/Huwei phones, before they got big in the US, just for government officials, and specifically went to the manufacturers to request that the phones be totally secure, no back doors, no ability to be hacked, and no camera and mic monitoring – this was either right before Obama took office, or possibly the same year. Well guess what the Chinese did? They installed back doors on those secret phones that could monitor our government officials up to the highest ranks, Trump wants to bring ZTE/Huwei back into the US picture so he can show that he’s not going to undermine their companies, and so he can gain access to all that data the Chinese was able to mine during the Obama administration, and he’s done that by allowing the phones to have a chance in-market in the US and even China again. Now you see US/China relations improving, and they were even willing to help assist with communications during the North Korean melt-down situation! Just so you realize the implications in this; they literally recorded everything
Source: zerohedge.comSource: zerohedge.com
- Several US citizens have been evacuated from the US consulate in Guangzhou, China, after falling ill with various neurological symptoms from mysterious “sonic attacks” similar to incidents reported in Havana Cuba which left 20 State Department employees with serious injuries.
- On Wednesday night, consulate worker Mark Lenzi and his family were evacuated after hearing strange noises over the course of several months, which Lenzi described as “marbles bouncing and hitting a floor then rolling on an incline with a static sound,” according to the Washington Post.
- The State Department issued a statement on May 23, warning that an unnamed “U.S. government employee in China recently reported subtle and vague, but abnormal, sensations of sound and pressure,” and urging anyone with “concerns about symptoms or medical problems that developed during or after a stay in China” to “consult a medical professional.”
- The description of the sound – which the victim said produced abnormal sensations and pressures – sound eerily familiar to a series of similar “sonic attacks” that afflicted US embassy personnel in Havana,
- On May 23, Secretary of State Mike Pompeo noted the comparisons between the China incidents and the Cuban attacks during a House hearing, stating “The medical indications are very similar, and entirely consistent with, the medical indications that were taking place to Americans working in Cuba.”
- In particular, Czech Republic Prime Minister Andrej Babiš has had enough with Brussels. Babis on Monday rejected a new “flexible” European Union strategy for refugee migration peddled by German Chancellor Angela Merkel.
- Over the weekend, Merkel proposed a “flexible system with division of labor” which could severely penalize member states that refuse to take in migrants and refugees.
- Prague, along with numerous other European member states, has rejected a new quota system drawn up by the European Commission to redistribute asylum seekers around the bloc, said Reuters.
“We don’t want to compensate, why should we compensate with a contribution?” Babiš said in an interview with the daily Frankfurter Allgemeine Zeitung.
“We have said clearly: it is our people, our businesses who will decide who will work and live with us.”
- Merkel’s proposal for a “flexible” system could see some European member states like the Czech Republic who reject Brussels’ request to take in refugees — instead provide financial assistance to other member states on the front lines of the crisis.
- Afghan President Ashraf Ghani on Thursday announced a ceasefire with Taliban insurgents until June 20, coinciding with the end of the Islamic fasting season. He said, however, that fighting against other militant groups, such as Islamic State (IS, formerly ISIS), would continue,
- Nearly a month after the May 12 Iraqi election, final results look like they’re still far away. The Iraqi parliament on Wednesday announced that they are ordering a full recount of all 11 million votes cast.
- Recounts were already ordered for Kirkuk, because of local complaints about fraud. While there were some questions in other provinces, a lot of the complaints come from Prime Minister Hayder Abadi, and seem to stem from his party doing much worse than was expected.
- That, and Abadi’s complaints about the Independent High Electoral Commission (IHEC) has led to parliament firing the entire commission. They are temporarily replacing the commission with a panel of judges.
- MPs say the recount is intended to “correct the result” of the vote, but exactly how long it’s going to take to manually recount all 11 million votes is unclear. In the interim, it will be virtually impossible to try to negotiate the new government, with parties unclear how many seats they’ll really end up with.
- European refiners are now unofficially winding down oil purchases from Iran,
- Europe’s largest refiner, Total, does not intend to request a waiver to continue crude oil trading with Iran after Nov. 4. Eni said it had an oil supply contract outstanding for the purchase of 2 million barrels per month, expiring at the end of the year.
- Ministers from Germany, the UK and France, along with EU Foreign Policy Chief Federica Mogherini, have signed a letter asking the US to allow its companies to continue to trade with Iran and spare certain industries from punitive measures. “
- The big question is whether China, which has been making aggressive inroads into Chinese commerce in recent years, which recently launched a new train landline to Iran, and whose state-owned oil giant, CNPC – the world’s third largest oil and gas company by revenue behind Saudi Aramco and the National Iranian Oil Company – is now set to take over the role held by Total in a huge gas project in Iran, react.
- The US-backed Kurdish YPG (People’s Protection Units) personnel will leave the Syrian town of Manbij,
- “An agreement with the YPG was reached to withdraw its military advisors from Manbij, given that the YPG will conclude the withdrawal in the few coming days,” Darwish said.
- Russian President Vladimir Putin said that Russia is not planning to pull all its troops out of Syria at the present time, and that they will stay as long as it is “beneficial for Russia” and in order to fulfil “international obligations,”
- According to Merkel, apart from the devastating consequences of the “NATO split” and the withdrawal of US President Donald Trump from the Paris climate agreement, new disagreements emerged over the transatlantic trade and Washington’s withdrawal from the nuclear deal with Iran.
- German Chancellor Angela Merkel has urged the EU to show great perseverance against the backdrop of the US attempts to destroy the existing world order.
- She added that, in the context of the US shifting to isolation policy, global institutions such as the EU should once again “to establish itself,” .Merkel Urges Europe to Stand Against US Trying to ‘Break World Order’
- It’s that time of the year again when the world’s richest and most powerful business executives, bankers, media heads and politicians gather for the highly secretive Bilderberg conference.
- The high security three-day summit kicks off June 7th at the Lingotto Hotel in Turin, Italy – the one with the Fiat race track on its roof.
- While last year’s event in Chantilly, VA was focused on the Trump administration and “Why is populism growing?,” this year’s themes – most of which can be filed under “pleb management” include:
1. Populism in Europe
2. The inequality challenge
3. The future of work
4. Artificial intelligence
5. The U.S. before midterms
6. Free trade
7. U.S. world leadership
9. Quantum computing
10. Saudi Arabia and Iran
11. The “post-truth” world
12. Current events
In other words – why do Europeans care so much about their “borders, language and culture,” how to keep blaming Russia for said populism, what to do once AI and automation replace most jobs, and how to shape narratives in a “post-truth” world where nobody believes the MSM anymore.
- Ironically, Italy just took a major step towards populism after the country’s anti-immigrant League party formed a populist coalition with the 5-Star Party, while League leader Matteo Salvini stepped into his new job as Deputy Prime Minister and Minister of the Interior last Friday – pledging to deport 500,000 illegal immigrants,
- The whole “post-truth” discussion will likely revolve around “fake news” – the label applied to whatever trending topics do not comport with their desired narrative – facilitated through alternative news platforms and social media.