BREAKING: Jeff Bezos steps down from Amazon today, Feb 2nd, one day after FREEDOM DAY!

BREAKING: Jeff Bezos steps down from Amazon today, Feb 2nd, one day after FREEDOM DAY! 

Was he arrested? Remember, in 2018, DJT signed an Executive Order freezing assets and property of anyone involved in elec-shon fra*d, to take affect around FREEDOM DAY, February 1st. (90 days after the Nov. 3 el3ctions)!!!

Basically, what this Executive Order says is that anyone involved in interfering in the 2020 election or supporting of the fraudulent elections, either foreign or domestic, their property and assets will be frozen. This includes, MAINSTREAM MEDIA, SOCIAL MEDIA, and anyone else who was involved in helping to steal this election.
How brilliant!

Will mainstream media cease to exist? Will we finally get an Emergency Broadcast Announcement alerting us to what has been going on behind the scenes? Will social media go down? Or have all of these platforms been overtaken by the White Hats; the entities involved in taking down the deep-state players and liberating humanity?

The deep-state is going DOWN.

 This is why the markets have been going crazy lately, and why the "el-ites" kept trying to rig and suppress the price of #silver.  They don't want us to know what's really going on behind the scenes. Billionaires and companies have been moving and laundering money to try to prevent from having their assets frozen due to this executive order! The E.O. outlines what would happen 90 days after election day.; all assets would be frozen. 

Not that these so-called El-ites could stand to have any more assets frozen, since Executive Order 13818 had frozen the assets of anyone involved in human trafficking and other crimes against humanity. 

 
The system is crashing DOWN!

Copied from Danielle Stotijn

The world after Covid

The second quarter of 2020 has seen a divergence between the investment world and real economic conditions. Despite a recent uptick, the global economy is still contracting: the IMF has just downgraded its global GDP forecast to -4.9% from -3.0%.

Yet the picture for the investment world is quite good. Stock markets have regained their feet and surged after plunging 30-40% in March. Two factors have led risky asset prices to recover:

1. Continued stimulus: Since February, the balance sheets of the four major central banks (the US, Europe, Japan and England) have swelled by US$4.5 trillion. As well, a flurry of stimulus measures by the US Federal Reserve, including the purchase of corporate bonds, has meaningfully improved liquidity in the credit market.

Notably, on June 15 the Fed said it would begin buying corporate bonds directly. We see this as a signal that it intends to do whatever it takes to support the market whenever signs of trouble emerge.

2. Rebounding economies: Many countries have begun the cautious process of reopening their economies, leading to a revival in economic indicators. The global composite purchasing managers’ index, as well as other important gauges such as US jobs and retail sales data, plus Chinese economic indicators, rebounded in May. Preliminary figures for June also look promising.

US economic growth momentum appears better than either the market or we had expected. This reflects the resilience and flexibility of the US economy and effective stimulus measures by both the government and the Fed.

On the other hand, China’s recovery, though gradual, is slower than we expected. The primary cause may be the half-hearted stimulus measures, as Chinese authorities want to see a more organic and gradual recovery.

Looking forward, we forecast that the global and Thai economy will bottom out in the second quarter, economic revival will continue in the third quarter, and the fourth quarter may bring positive year-on-year growth.

Nevertheless, we see the world economy contracting by 2.3% and Thai GDP down 5.8% this year. We may see some rebound in 2021-22, after a vaccine is found and distributed. Nevertheless, the “new normal” economic growth rate will be lower than before.

Our projection is materially different than that of the IMF. The latter’s main assumption is that there will be persistent social distancing and/or lengthier lockdowns in several economies, which will lead to a lengthier slowdown.

However, given the better knowledge health authorities now have, governments may choose to partially shut down activity in areas where they see the virus returning, while rigorously testing, tracing, isolating and treating infected patients. This will allow partial opening of the economy while actively managing and controlling the spread of the virus.

Although we see most economies bottoming out in the second quarter, looking forward, there may be some downside risks:

1. Less economic stimulus, especially in the US. Although gigantic compared with the 2008-09 crisis era, the Fed’s purchases fell to $441 billion in May from $1 trillion in March and April. Reduced bond purchases mean liquidity injected into the market and the economy may shrink. Nevertheless, we believe that whenever it sees factors that could sap market confidence, the Fed will step in to reassure investors.

2. Rising numbers of newly infected patients. Surges in Texas, Florida, California and Arizona this month have raised concerns about US economic reopening. However, we believe there is no reason to panic. In some areas, such as California, the rising figure reflects increased testing. Some states that have overcome devastating outbreaks, such as New York, are starting to restrict travel from other infected states, along with other measures such as mandatory mask wearing, to reduce risk.

3. The risk of a cold war between the US and China. As we mentioned last month, an election-year cold war could be used to boost President Trump’s popularity by stirring up nationalism. If the US economy is staggering or the president’s chances of re-election seem slimmer, he may resort to a cold war. That would hurt the economies of the US and China, as well as the rest of the world.

Against the backdrop of a gradual recovery even as economic risks linger, investors need to remain extremely cautious. The focus should be on sectors that have a long-term future, such as technology, healthcare and sectors that benefit from a low-interest-rate environment, such as real estate.

Source - Pattaya One News

#Vietnam - 2018 rice export to hit 6m tonnes

HÀNỘI — Việtnam’s rice export volume in 2018 is expected to increase by 400,000 tonnes from 2017 to reach 6 million tonnes, due to increased demand from Southeast Asia, especially from the Philippines, with China expected to be the country’s largest rice market.

The Vietnam Food Association (VFA), in a report earlier in January, said countries in Southeast Asia will import a large amount of rice from Việt Nam, helping boost the country’s turnover this year.

The VFA said Indonesia will import rice from Việt Nam and Thailand again in 2018 to increase reserves, as Indonesia’s rice price has been rising, almost double the floor price.

Similarly, the National Food Board of the Philippines approved of up to 250,000 tonnes of imported rice to offset declining inventories, due to unfavourable weather in 2017.

These developments are encouraging for Việt Nam’s rice export market, said the VFA’s report, with export price of 5 per cent broken rice rising to US$400 per tonne from $390.

Domestic rice price also increased, with the average price between to $267 to $293 per tonne as of January’s end, having increased by $13 to $15 per tonne from December 2017’s price.

According to the VFA’s data, throughout 2017, the country exported 5.7 million tonnes of rice worth $2.54 billion.

As mentioned by the US Department of Agriculture (USDA)’s 2018 world rice production forecast, issued late 2017, the main factor behind this year’s rice trade expansion is increased output from Việt Nam, Pakistan and Myanmar, three of the world’s top six rice exporting countries.

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The USDA’s report stated that though 2017 global rice output fell by 20 per cent from 2016’s number, as a result of weak outlook for grain products, long, heavy rainfall and spring floods and other unfavourable weather, meaning there should be positive signals from traditional rice importing markets in Southeast Asia in early 2018.

In Bangladesh and Sri Lanka, whose rice crops were heavily influenced by harsh weather, demand for rice imports will also increase in 2018. Rising import demand is supported by increased purchasing power in Africa and the Middle East, while China continues to be a leading importer of rice from neighbouring regions.

As such, Việt Nam will witness an increase in revenue from rice exports to several large consumer markets.

According to the Department of Crop Production under the Ministry of Agriculture and Rural Development, in early January 2018, the Mekong Delta’s rice producers harvested 860,000 hectares of rice, with an average yield of 5.3 tonnes per hectare.

Nonetheless, problems remain for national rice production, the majority of which stem from farmers’ ignorance.

Talking to Vietnam News Agency during a late 2017 agricultural conference in the Mekong Delta, Võ Tòng Xuân, former vice rector of Cần Thơ University and rice expert, emphasised growing competition in global rice markets.

Xuân warned that Việt Nam needs to find ways to make its rice exports stand out if it wants to achieve export targets.

Regarding export rice quality, he was convinced that since rice merchants often mix different batches from different farmers into one large batch, there is virtually no way to completely track the origin of any batch.

Without clear origin, there are no certain product quality controls, and no major national rice brand for Việt Nam, Xuân added.

He suggested issuing contracts between rice farmers and processing plants for sustainable production, via agricultural co-operatives instead of relying on middlemen.

Xuân also said that there remain regulations acting as barriers to small and medium enterprises from entering the rice market. Exporting low quality rice and fragrant rice without a brand name is becoming increasingly difficult for Việt Nam, especially in finding niche markets to sell several thousand tonnes. 

 

Source - Vietnam News

#Thailand - Nationwide e-payments to push cashless society goal

                             MORE BUSINESSES SET TO ALLOW ‘SMART’ SHOPPING WITH QR CODE

AS PART OF Thailand’s aspiration to become a cashless society, the country will soon adopt a new nationwide e-payment method using the so-called QR Code familiar to social media users.

The Bank of Thailand has approved plans by five commercial banks to introduce the QR Code e-payment service – Kasikornbank, Siam Commercial Bank, Bangkok Bank, Krungthai Bank and Government Savings Bank.

The addition of the service is expected to help reduce dependence on cash transactions as more businesses are set to accept the new e-payment method.

During a recent experiment in using the service at Bangkok’s Chatuchak Sunday market, more than 1,000 small vendors as well as service providers including motorcycle taxis accepted payment from customers using their mobile phones to transfer money via the QR Code.

The method is convenient and carries no additional transaction costs for either sellers or service providers.

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 The QR Code e-payment platform was pioneered by China’s e-commerce and social media giants, Alibaba and Wechat, which operate the Alipay and Wechat Pay apps respectively.

Its popularity makes it possible to live in China today without having to use cash for most goods and services.

China is now the world’s leader for QR Code e-payments, which has disrupted more traditional payment services such as debit and credit cards.

The huge number of Chinese tourists in Thailand, totalling nearly 10 million per year, has also prompted the early adoption of the e-payment method among Thai convenience stores and retail operators.

Earlier, the Thai government launched the PromptPay e-payment service for domestic use, making free of charge small-value money transfers via bank accounts.

The PromptPay popularity is expected to further grow when the QR Code system is added to the e-payment platform.

To facilitate nationwide adoption of the new platform, the central bank has taken steps to endorse a single Thai QR Code standard in accordance with the international system for mobile applications.

In practice, consumers after downloading an app for the service that matches their bank accounts could turn their smartphones or other compatible devices into electronic purses by scanning a seller’s QR code to pay for purchases at various goods and services outlets.

The money would then be automatically transferred from the buyer’s bank account into the seller’s account based on a similar arrangement with their participating bank.

The central bank has said that in a future stage it would expand the e-payment platform to cover holders of credit cards so as to make it more versatile.

Overall, the platform is a crucial element of Thailand’s emerging digital economy and society in which the lifestyle of consumers increasingly is closely tied to mobile phones and other smart devices.

For the government, any form of electronic payment is useful since it creates electronic records on transactions that make tax collection more efficient. In addition, the economy will benefit from more electronic transactions by increasing efficiency – cash transactions are more expensive due to higher costs.

For vendors, there is no additional transaction cost since banks are keen to provide the service free of charge at this stage, with some banks even offering additional financial incentives to early adopters without conditions requiring minimum payment per transaction.

The new service will help banks stay close to both consumers and businesses, big and small. This would allow banks to make use of the huge amount of data generated by both buyers and sellers in multiple ways.

While electronic transactions offer definite convenience advantages for consumers, experts warn that they should ensure that their personal devices are fully secured.

Source - TheNation