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Fri, 15 Oct 2021
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China increases testing sovereign digital currency in a move away from dollar dependence

DECP
© Boxmining
China's DCEP Currency
Reports that China was launching a pilot program to test its ambitious Digital Currency Electronic Payment made headlines in late April, amid the emergence of screenshots on social media showing the DCEP wallet.

As China expands globally, seeking significant financial autonomy and less dependency on America amid its trade war with Washington, the country has long sought to wean itself from the US-dollar dominated financial system.

Finally, after years of effort, China is gearing up to release the world's first sovereign digital currency - DCEP (short for Digital Currency/Electronic Payments).

China's central bank launched a trial program across four cities - Shenzhen, Suzhou, Xiongan and Chengdu - to test the use of its digital currency, touted as incorporating some features of cryptocurrencies, but lacking the anonymity of such digital assets, the Digital Currency Research Institute of the People's Bank of China confirmed to the South China Morning Post (SCMP).

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Microscope 2

Israeli DM claims Israel's biological institute developed a virus antibody

Bennett
© Mondoweiss
Israeli DM Naftali Bennett
Defense Minister Naftali Bennett on Monday said he witnessed a "significant breakthrough" by Israel's defense biological research institute in developing an antibody to COVID-19, as the researchers wrapped up the development phase and moved to patent and mass produce the potential treatment.

Bennett visited the labs of the Israel Institute for Biological Research (IIBR), a secretive unit that works under the Prime Minister's Office, in Ness Ziona and was shown the "antibody that attacks the virus in a monoclonal way and can neutralize it within the bodies of those ill," according to a statement from his office.

The statement said the antibody's development had been completed. The institute was in the process of patenting the find "and in the next stage, researchers will approach international companies to produce the antibody on a commercial scale."

Bad Guys

Pandemic pushers, economy destroyers and sold out science: Imperial College are still open for business

money education
Back in the 1960s, the British academic establishment was rather excited about the work of Karl Popper, the philosopher who developed the concept of empirical falsification. Popper was keen to define the demarcation between the scientific and that which only mimics empiricism and scientism. A theory, according to Popper, can be considered scientific if, and only if, it is potentially falsifiable by experiments or its predictions. Popper attempted to create criteria that would deny psychoanalysis, Marxism and astrology any scientific status based on the fact that these theories are not falsifiable.

One may wonder what Popper would have to say about the 'science' of Neil Ferguson, the man who predicted up to 550.000 Coronavirus dead in the UK and 2.2 million dead in the USA.

On 29 April, Off-Guardian published what I believe to be the most insightful criticism of the lockdown policy so far. In the article Iain Davis digs into the work or shall we say, blunders, he attributes to Ferguson. Davis writes, "both Public Health England (PHE) and the Advisory Committee on Dangerous Pathogens (ACDP) were satisfied that COVID-19 (C19) presented a 'low risk' of mortality and downgraded it from the status of a High Consequence Infectious Disease (HCID) on March 19th. The ACDP board members include Professor Neil Ferguson from Imperial College. Presumably Prof. Ferguson was among the dissenting voices on the ACDP board as he completely ignored the majority opinion of his scientific colleagues."

Comment: See also: The British Corona Middle Man And The Bill Gates Connection


Newspaper

Iraq: The US, Iran, ISIS, plus a divided cabinet

Iraq
Just at the time when the country is being led by a caretaker Prime Minister, Adel Abdel Mahdi, and the newly elected Prime Minister, Mustafa al-Kadhemi (boycotted by many powerful political groups) is struggling to form his cabinet, the terror group "ISIS" is increasing its attacks on a number of Iraqi provinces. The Shia majority has asked for the withdrawal of US forces while the Sunnis and Kurds want these forces to remain, and ask instead for the withdrawal of the Iraqi security forces al-Hashd al-Shaabi or "Popular Mobilisation Forces" (PMF). ISIS is testing the military readiness of the Iraqi security forces and is taking advantage of the severe domestic differences between all political parties, knowing that the country is also facing serious financial difficulties and has a pandemic to deal with as well. The country is in crisis and the pressure is overwhelming.

ISIS is aware of the presence of security holes in various parts of Iraq, particularly around the Hamrin mountains in Salahuddin province, Jurf al-Nasr (south of Baghdad) in Babil province, Jalawla and Baqubah in Dyala province, in Karbala province, wadi Houran, along the Iraqi-Syrian borders in the al-Anbar province. Since a month ago ISIS has been harassing the security forces, mainly the PMF, and engaging with them to test their readiness- and exhaust their resources. It is also establishing fake checkpoints with men dressed as members of the Iraqi Army who arrest and kill tribal men. This is happening in the Sunni areas, whose political leaders are asking the PMF to leave their provinces and for the US to remain in Iraq. The US, with perfect timing, has ceased its intelligence collaboration with the Iraqi forces

Comment: See also:


Control Panel

The EU, NATO, NewsGuard and the Voltaire Network

EU propaganda

According to this official website of the European Union, the Voltaire Network is a gang of traitors in the pay of Russia charged with defaming the United States army.

Comment: Sott.net has had its own run-in with the Orwellian named NewsGuard. See how we handled it:

Warning: Do NOT Read This! NewsGuard 'News Rating Agency' Gives SOTT.net Red 'Fake News' Label


The propaganda device aimed at stifling dissenting voices has taken a step forward. It is no longer simply a matter of accusing them of committing factual errors or deliberately lying, but of presenting them as traitors in the pay of a foreign power.

The European External Action Service created in 2015 the East StratCom Task Force, a unit tasked with combating disinformation from the Russian secret services. It runs a website, EUvsDisinfo.eu, and sends weekly e-mails to EU journalists to spread its good word. We have already reported that this unit is linked to the NATO Communication Centre in Riga [1].

This unit has just warned journalists of the Union and incidentally all those who subscribed to its newsletter [2] that our article of March 31, "Putchists in the Shadow of the Coronavirus" [3], is Russian disinformation [4].

First, we are outraged to appear on an official site of the Union responsible for listing Russian disinformation - and this is not the first time. We have no connection with the Russian authorities, nor with those of any other country. This is pure defamation.

Comment: See also: NewsGuard: The Neocons' New Weapon For Waging War on Independent Media


Target

Get ready for the next game-changer: China's digital Yuan

Digital Yuan
A new, radical paradigm shift is in progress. The U.S. economy may shrink as much as 40% in the first semester of 2020. China, already the world's largest economy by PPP for a few years now, may soon become the world's largest economy even in exchange rate terms.

The post-Planet Lockdown world - still a hazy mirage - may well need a post-Planet Lockdown currency. And that's where a serious candidate steps into the fray: the fiat digital yuan.

Last month, the People's Bank of China (PBOC) confirmed that a group of top banks started trials in electronic payment in four different Chinese regions using the new digital yuan. Yet there's no timetable yet for the official launch of what is called the Digital Currency Electronic Payment (DCEP).

The man with the plan is PBOC governor Yi Gang. He has confirmed that apart from the trials in Suzhou, Xiong'an, Chengdu and Shenzhen, the PBOC is also testing hypothetical scenarios for the 2022 Winter Olympics.

While DCEP, according to Yi, "has made very good progress," he insists the PBOC will be "cautious in terms of risk control, especially to study anti money-laundering and 'know your customer' requirements to incorporate in the design and system of DCEP."

Chess

New details emerging link US to latest failed coup attempt in Venezuela

security forces venezuela port La guaira
© Matias Delacroix / AP
Security forces patrol near the shore in the port city of La Guaira, Venezuela, May 3, 2020.
The government of Venezuela is celebrating after thwarting another foreign-backed coup attempt Sunday, just two days after self-declared another coup attempt by "Interim President" Juan Guaidó ended in total failure. A flotilla of small speed boats filled with up to 300 paramilitary units, sailed from their training ground in Colombia heading for a port near the country's capital Caracas, from where they were aiming to kickstart an insurrection. They confidently predicted they would be in the Miraflores presidential palace within 96 hours. However, the mission went spectacularly wrong almost immediately, as they were intercepted by the Venezuelan Navy, who reportedly killed at least eight in the fighting at sea, capturing many others.

Interior Minister Nestor Reverol appeared on television to inform the public that in the early hours of Sunday,
"A maritime invasion was attempted by a group of terrorist mercenaries coming from Colombia with the intent of committing acts of terrorism in the country, assassinating leaders of the revolutionary government, increase the spiral of violence, generate chaos and confusion among the public, and from that, spark a new attempt at a coup d'etat."
Reverol praised the quick response of the armed forces and police in repelling the invasion. "It would seem that the foiled imperialists' attempts to overthrow the legitimately constituted government led by Nicolas Maduro has pushed them to formulate excessive actions that, without any doubt, deserve the forceful repudiation of our people and the international community," he concluded.

Comment: Maduro: Two Americans 'on Trump's security team' were part of the failed mercenary invasion


Info

The Gates contraceptive microchip, 'Global warming' and depopulation

contraceptive chip
Bill Gates to me is highly inconsistent. He is a huge supporter of Climate Change and has done his TED Talks on lowering CO2 to Zero. Of course, the Climate Change contingent is all about reducing the population which is now about 7.5 billion and Gates laments it will hit 9 billion. So for someone who is so concerned about Global Warming, he has three kids but has funded a microchip to implant into women as a contraceptive. That's right, a computer chip that can be controlled remotely to prevent getting pregnant.

The contraceptive chip is to be implanted under a woman's skin, releasing a small dose of levonorgestrel, a hormone. This will happen every day for 16-years and can be controlled using a wireless remote device. The project has been backed by none other than Bill Gates. The question I have is hacking. If it can be controlled remotely, then it should be also possible for it to be hacked like any computer to ensure someone never gets pregnant.

I have previously told the story about attending a White House dinner in Washington back in 1996 when I was seated with the entire Environmental groups. It was a Washington elite political dinner and because I attended with my friend Dick Fox who was Chairman of Temple University and I was an adviser to the University, whoever it was that made the seating arrangements for these tables of 10 seated us with the environmental groups. That was a serious mistake (Yes the Business School at Temple is named after Dick Fox).

Bad Guys

UK government 'using pandemic to transfer NHS duties to private sector'

NHS Nightingale
© Stefan Rousseau/PA
Matt Hancock at the opening of the NHS Nightingale hospital in London. The consultancy firm KPMG coordinated its setting up.
The government is using the coronavirus pandemic to transfer key public health duties from the NHS and other state bodies to the private sector without proper scrutiny, critics have warned.

Doctors, campaign groups, academics and MPs raised the concerns about a "power grab" after it emerged on Monday that Serco was in pole position to win a deal to supply 15,000 call-handlers for the government's tracking and tracing operation.


Comment: Nevermind how Orwellian this tracking operation is.


They said the health secretary, Matt Hancock, had "accelerated" the dismantling of state healthcare and that the duty to keep the public safe was being "outsourced" to the private sector.

Comment: The Pathocrats would never let a successfully manufactured crisis go to waste:


Chart Bar

German manufacturers fear economic damage of lockdown, Bavaria to open for tourism

Soeder

FILE PHOTO: Bavarian State Prime Minister Markus Soeder chairs the cabinet in the bigger Kuppelsaal hall
The southern German state of Bavaria will partially reopen for tourism later this month, its premier Markus Soeder said on Tuesday, with superstores, beer gardens, restaurants and hotels resuming operations, albeit with restrictions.

The announcement comes as states across Germany ready plans to partially defrost an economy that went into lockdown in March to slow the spread of the novel coronavirus that was then wreaking havoc in northern Italy.

The lockdown measures have slowed the spread of the virus, whose reproduction rate has been drifting down for several days, leading to growing pressure from regional governments and business groups for them to be relaxed - despite Chancellor Angela Merkel's fear that this could trigger a second wave.

Comment: See also: