Friday, September 06, 2013

Emerging nations are keeping the economic focus to the G20. The two elephants in the room is the misconduct of the USA's NSA as well as Syria.

This is where the G8 GETS THE OPPORTUNITY to become allies to emerging economic strengths in the world. President Obama is a problem at the Summit, not an asset. The majority of these world leaders are forming strong consensus that the policies of the USA are adverse to economies across the globe.

The emerging economies are feeling the pinch of The Fed policies of Quantitative Easing and are seeking an alternative to the IMF and a $100 billion Foreign Exchange Reserve. The new Foreign Exchange Reserve has already been agreed upon. 

The dissonance between the international press and the USA media is enormous. The international press is focused on the impacts of the economic summit and the American press is talking war. Is there any wonder why the American people don't understand the world the USA exists in. Is it any wonder when it comes to foreign policy it is bombs and guns the American people understand? 

The Foreign Exchange Reserve already exists. It is held by central banks and monetary agencies. The agreement is to make the reserve available at $100 billion. The IMF is part of this dynamic. This is where nations DEPOSIT monies for exchange. These nations have reserves within these banks. For emerging nations this is important. If they are growing their reserves available at central banks means exchange in economic interactions are easier. Money is a real commodity. If there isn't enough exchange at the reserve it could inhibit their economies. There are approximately 100 participating nations. All the nations at the G20 are participants. This is good work for this group. 

The issue of the NSA is a problem for them because it brings about the available security for the economic interactions these nations are seeking. The emerging nations are concerned security impingments by the NSA will cause them growth. They are probably correct. That is an interesting perspective actually. If the USA's economy is considered monitored by the NSA, those transactions may go elsewhere. The NSA may very well be an impingement on the American economy as well as others.

The NSA has huge capabilities – and if it wants in to your computer, it's in. With that in mind, here are five ways to stay safe. (click here)
September 5, 2013
Now that we have enough details about how the NSA eavesdrops on the internet, including today's disclosures of the NSA's deliberate weakening of cryptographic systems, we can finally start to figure out how to protect ourselves.
For the past two weeks, I have been working with the Guardian on NSA stories, and have read hundreds of top-secret NSA documents provided by whistleblower Edward Snowden. I wasn't part of today's story – it was in process well before I showed up – but everything I read confirms what the Guardian is reporting.
At this point, I feel I can provide some advice for keeping secure against such an adversary....

September 6, 2013

Despite pleasant views of St. Petersburg (click here) and a large list of economic challenges on world leaders’ agendas, political tension was apparent at the start of the G20 summit as the US faced questions regarding its stance on Syria and the NSA spying program.
At the Konstantinovsky Palace – where the first day of the G20 summit kicked off – the world’s largest economic powers braced for political battles, RT’s Aleksey Yaroshevsky reported from Strelnya.
The situation in Syria took center stage in summit discussions, despite Russian President Vladimir Putin’s opening call to “not mix up and bundle” economic and political issues. The two-and-a-half year conflict escalated after a chemical weapons attack took place outside of Damascus on August 21. The US believes it has evidence connecting the Syrian government to the attack. All eyes are currently on Congress as it decides whether to support a US strike on Syria....