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Is Iranian Hyperinflation a Mirage?

http://www.al-monitor.com/pulse/original...i-teo.html
amazing



Update:

1. G20 summit to focus on 'currency war' threat to economy

Japan's aggressive attempts to spur on its struggling economy were set to escape censure from the G20 nations today as bickering in Moscow kept alive fears of a "currency war". Finance ministers at the G20 gathering are understood to have pulled back from explicit criticism of Japan, whose prime minister Shinzo Abe has embarked on a huge programme of monetary and fiscal stimulus to jump start the world's third largest economy out of its third recession in five years.

http://www.independent.co.uk/news/busine...rnalSearch

2. Conclave electing new pope could start before March 15: Vatican

The conclave to choose Pope Benedict's successor could start earlier than expected, giving the Roman Catholic Church a new leader by mid March, the Vatican said on Saturday. Less than two weeks away from a historic papal resignation, the Vatican also stressed again that the pope was not abandoning the Church in times of difficulties and urged the faithful to trust in God and in the next pope.

http://www.reuters.com/article/2013/02/1...3J20130216

3. Iran has no intention to develop nuclear weapon – Supreme Leader

Iran has no intention to develop nuclear weapons, but if it did, no country could prevent it from doing so, Iranian Supreme Leader Ayatollah Ali Khamenei said on Saturday. "We believe nuclear arms must be eliminated, and we don't want to build nuclear arms," Khamenei said, as quoted by the Iranian Students' News Agency (ISNA). In his speech, Khamenei lashed out at the US and accused them of fraud, saying that Washington is calling for the elimination of nuclear weapons while continuing to produce them. The United States and other Western powers suspect that Iran is enriching uranium for an atomic weapons program.

http://rt.com/news/iran-nuclear-weapons-illegal-373/

4. Fugitive LA ex-cop may have died from self-inflicted gunshot

A fugitive former policeman whose charred remains were found in a burned-out cabin in the mountains above Los Angeles following a shootout with sheriff's deputies died from a possibly self-inflicted gunshot wound, officials said on Friday. An autopsy on Christopher Dorner, 33, found he was killed by a single shot to the head, San Bernardino County Sheriff's Captain Kevin Lacy told a news conference.

http://www.reuters.com/article/2013/02/1...0E20130216

5. Berlusconi: "Bribes Are Necessary - They Are Not Crimes"

With a week to go until the Italian elections, things are getting a little odd to say the least. The somewhat scandal prone Berlusconi, who self-declared himself leading in the polls just recently, has come out swinging in defense of his fellow business leaders' ethical egressions. The Bunga party banner-man defends bribery, "These are not crimes," he notes, as The FT reports, "bribes are a phenomenon that exists and it’s useless to deny the existence of these necessary situations..."

http://www.zerohedge.com/news/2013-02-15...not-crimes

6. Jamaica agrees $750m IMF loan terms

Jamaica has agreed terms with the International Monetary Fund to receive a new $750m (£483m) loan. A condition for the IMF loan is the completion of a planned debt swap. The Caribbean nation must get private sector lenders to accept more lenient terms on its existing heavy debt load, equal to 140% of economic output. The Jamaican government is also implementing spending cuts and labour market reforms as it seeks to deal with a serious economic crisis.

http://www.bbc.co.uk/news/business-21478255

7. Report: US drones killed 894 in North Waziristan

In the past five years, 147 distinct U.S. attacks have killed 894 people, including 35 women and 24 children. The vast majority of the other victims were local tribesmen, with only 46 foreigners among the slain, and not all of them confirmed to be militants. Well over 200 people, again overwhelmingly civilians, were wounded in the attacks.

http://www.presstv.ir/usdetail/289026.html

8. Eurozone recession deepened at end of 2012

The eurozone recession deepened in the final three months of 2012, official figures show. The economy of the 17 nations in the euro shrank by 0.6% in the fourth quarter, which was worse than forecast. It is the sharpest contraction since the beginning of 2009 and marks the first time the region failed to grow in any quarter during a calendar year

http://www.bbc.co.uk/news/business-21455423
Quote:5. Berlusconi: "Bribes Are Necessary - They Are Not Crimes"

With a week to go until the Italian elections, things are getting a little odd to say the least. The somewhat scandal prone Berlusconi, who self-declared himself leading in the polls just recently, has come out swinging in defense of his fellow business leaders' ethical egressions. The Bunga party banner-man defends bribery, "These are not crimes," he notes, as The FT reports, "bribes are a phenomenon that exists and it’s useless to deny the existence of these necessary situations..."

http://www.zerohedge.com/news/2013-02-15...not-crimes

He's somewhat right. This is a feature that you can't get rid of with government. I wish these guys only cared about money or power.. but unfortunately they want to control EVERY ASPECT OF YOUR LIFE. this is what bothers me. A little corruption, i'm fine with.
Nr 7 wow, insane

Where is the outrage?

Out of sight, out of mind????
^ it's too routine now.. people don't even have time to care.

it's crazy. yet when a cop dies, the entire country cares
It's absurd and I do not believe anyone is safe.
Quote:2. Conclave electing new pope could start before March 15: Vatican

The conclave to choose Pope Benedict's successor could start earlier than expected, giving the Roman Catholic Church a new leader by mid March, the Vatican said on Saturday. Less than two weeks away from a historic papal resignation, the Vatican also stressed again that the pope was not abandoning the Church in times of difficulties and urged the faithful to trust in God and in the next pope.

the whole world is watching this.

Roman Catholicism: SERIOUS BUSINESS
Update:

1. Scientist create sixth sense brain implant to detect infrared light

*sorry no description for this story*

http://www.telegraph.co.uk/science/scien...light.html

2. DHS Purchases 21.6 Million More Rounds of Ammunition

The Department of Homeland Security is set to purchase a further 21.6 million rounds of ammunition to add to the 1.6 billion bullets it has already obtained over the course of the last 10 months alone, figures which have stoked concerns that the federal agency is preparing for civil unrest. Infowars source but well documented.

http://www.infowars.com/dhs-purchases-21...mmunition/

3. Death toll rises to 84 in Saturday's suicide blast in SW Pakistan

Death toll rose to 84 in the Saturday's suicide bombing that targeted a busy market in Pakistan's southwestern provincial capital of Quetta, the official said. Hospital sources and police on Sunday confirmed the number of causalities adding that at least 173 were also injured including women and children in the suicide explosion that targeted the market at the Karani road in the Hazara town, an area dominated by the Shia Muslims.

http://news.xinhuanet.com/english/world/...174218.htm

4. Venezuela's Chavez in surprise return from Cuba

Venezuelan President Hugo Chavez made a surprise return from Cuba on Monday more than two months after surgery for cancer that has jeopardized his 14-year rule of the South American OPEC member. The 58-year-old socialist leader's homecoming in the middle of the night implies some medical improvement - at least enough to handle a flight of several hours - and will inspire supporters' hopes he could return to active rule.

http://www.reuters.com/article/2013/02/1...5F20130218

5. Iberia mega-strike: Over 1,200 flights grounded in Spain

Hundreds of flights were grounded in Spain as workers of air giant Iberia began a five-day strike in the biggest walkout in company’s history. The strike is estimated to cost the Spanish economy 10 million euros a day, the Transport Ministry said. Iberia is canceling 415 flights over the next 5 days – 39 percent of its regular domestic and international traffic. Some 800 more flights by other airlines will also have to be grounded. Up to 70,000 passengers were reportedly affected by the first strike alone. Iberia has attempted to minimize the damage by scheduling their customers for different flights, including those of different airlines, and by offering refunds or alternative travel dates.

http://rt.com/news/iberia-spain-strike-britain-449/

6. Fukushima kids have skyrocketing number of thyroid abnormalities - report

A recent report into the Fukushima Nuclear disaster of 2011 has shown that more than forty percent of children have thyroid abnormalities. The Tenth Report of the Fukushima Prefecture Health Management Survey, released earlier this week, with data up to January 21, 2013, revealed that 44.2 percent of 94,975 children sampled had thyroid ultrasound abnormalities. The number of abnormalities has also been increasing over time as well as the proportion of children with nodules equal to and larger than 5.1 mm and any size cysts have increased. The report has also revealed that 10 of 186 eligible are suspected of having thyroid cancer as a result of the exposed radiation.

http://rt.com/news/fukushima-children-th...ancer-444/

7. Obama Faces Risks in Pipeline Decision

President Obama faces a knotty decision in whether to approve the much-delayed Keystone oil pipeline: a choice between alienating environmental advocates who overwhelmingly supported his candidacy or causing a deep and perhaps lasting rift with Canada. Canada, the United States’ most important trading partner and a close ally on Iran and Afghanistan, is counting on the pipeline to propel more growth in its oil patch, a vital engine for its economy. Its leaders have made it clear that an American rejection would be viewed as an unneighborly act and could bring retaliation.

http://www.nytimes.com/2013/02/18/busine...=all&_r=1&

8. There Is A Winner In The Currency War

With the G-20 (and G-7) concluding with what appears to be a slap on the wrist and a wink-and-a-nod to Japan, it seems the game of competitive devaluation will continue. As fear (and actuality) of currency wars flares, the USD has borne the brunt of the buying. From 2004's JPYtervention to Mantega's 2010 comments and each time in between, when competitive devaluation is on the world's lips, then the USD is implicitly bid as the currency du jour is offered to any and every willing carry trade riderthere is. The trouble is - for the lowly US investor - each time the USD is bid, so the US equity market has hit an FX-translated earnings hump and fallen back.

http://www.zerohedge.com/news/2013-02-17...rrency-war
Quote:2. DHS Purchases 21.6 Million More Rounds of Ammunition

The Department of Homeland Security is set to purchase a further 21.6 million rounds of ammunition to add to the 1.6 billion bullets it has already obtained over the course of the last 10 months alone, figures which have stoked concerns that the federal agency is preparing for civil unrest. Infowars source but well documented.

http://www.infowars.com/dhs-purchases-21...mmunition/

!!!!!!!!!!!!
thats a helluvalot of ammo
also infowars is a source like the MSM is. downside is that they don't have "on the ground" reporters yet I don't hink.

MSM is notoriously unreliable and I think citizen journalism is quite decent these days.
Pope resignation deepens doubt, despondency for Italians

(Reuters) - Pope Benedict's shock resignation has robbed Italians of the one element of certainty in a time of deep doubt, with the country beset by graft scandals and heading for an election that will not bring the radical change so many crave.

The pontiff has long been the one stable element for Roman Catholic Italians in a modern state that has become a byword for political instability and flawed politicians.

All that changed a week ago when Benedict announced he would be the first pontiff in 700 years to resign, causing alarm and despondency among many faithful in a country whose history has been shaped by the presence of the headquarters of the Church for 2,000 years.

"We are in a moment of social, ideological and cultural crisis and in a moment like that it is completely wrong for him to leave," said Emanuele Vitale, 22, a Sicilian student who joined around 100,000 people packed into St Peter's Square on Sunday for one of Benedict's last appearances before his resignation on February 28.

http://www.reuters.com/article/2013/02/1...G720130218
(02-19-2013 05:09 AM)EVILYOSHIDA Wrote: [ -> ]also infowars is a source like the MSM is. downside is that they don't have "on the ground" reporters yet I don't hink.

MSM is notoriously unreliable and I think citizen journalism is quite decent these days.

This is true but I'm not sold on Alex Jones. I suspect he could be disinfo but like all propaganda, some layer of truth remains.
(02-19-2013 07:16 AM)cellar door Wrote: [ -> ]
(02-19-2013 05:09 AM)EVILYOSHIDA Wrote: [ -> ]also infowars is a source like the MSM is. downside is that they don't have "on the ground" reporters yet I don't hink.

MSM is notoriously unreliable and I think citizen journalism is quite decent these days.

This is true but I'm not sold on Alex Jones. I suspect he could be disinfo but like all propaganda, some layer of truth remains.

i agree with what he says and his approach, but I suspect he's just a good businessman in a lot of ways.
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