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France to begin trading unlisted securities using blockchain technology

Blockchain Ethereum-Logo
France is to begin trading unlisted securities using blockchain technology, a revolutionary move that will see middlemen such as brokers and custodian banks removed from the trading process.

The changes were announced by French Finance Minister Bruno Le Maire and will come into force in July next year. It will only apply to non-listed securities that aren't required to be traded using a broker. The market, which is potentially worth up to three trillion euro, includes shares in hedge funds as well debt securities.

Gear

Geo-economic forecast predicts rapid US collapse

China Zi Jinping toasting
© REUTERS/ Damir Sagolj
Author Alfred McCoy argues in his new book, "In the Shadows of the American Century: The Rise and Decline of US Global Power," that not only is the US' status a superpower bound to be eclipsed by China, but also that America's downfall will "be more abrupt than we imagine."

Speaking with Sputnik Radio's Loud & Clear radio program on Thursday, McCoy said that empires seem "indomitable" while at the height of their power. "And yet empires by their very nature, because they operate far beyond their natural boundaries, are incredibly fragile."

Comment: The development of NATO, or rather the blinding focus of US efforts to contain Russia and China is no doubt pushing the US to the brink of collapse. It appears the US is already on the decline with its decaying influence in the Middle East, its media imploding in on itself, and with the Democrats beginning to eat their own. If we're to expect a rapid collapse, then it's probably time to buckle our seat belts!


Info

Russian general denies allegations he was involved in MH17 downing - vows to sue Bellingcat for libel

Nikolai Tkachyov
© Mikhail Klimentyev / TASSRussian General Nikolai Tkachyov (left) attends a meeting with President Vladimir Putin (right) at the Kremlin in 2007.
Retired Russian Colonel General Nikolai Tkachev has slammed allegations of his being involved in downing the Malaysia Airlines Flight MH17 in July 2014 as stupid.

"I don't know what it is they are saying but it is obvious stupidity," he told TASS commenting on an article about a joint investigation carried out by The Insider and Bellingcat. "I have been living in Yekaterinburg for many years, participating in military and patriotic education programs for kids. I have been maintaining contacts with public organizations and taking part in various public events, always on the media's radar. I have nothing to add," he noted.

Earlier on Friday, the so-called investigative group Bellingcat, together with journalists from The Insider, published the results of their investigation, claiming to "determine the identity of 'Delfin,' a key figure sought by the Joint Investigation Team." "The investigation has identified, to a high degree of certainty, Delfin as Colonel General Nikolai Fedorovich Tkachev, currently serving as the Chief Inspector of the Central Military District of the Russian Federation," the article reads.

Comment: "Delfin" is supposed to have been a coordinator of separatist militias in Donbass when MH17 was downed in 2014, according to alleged intercepts of voice communications. RFE/RL provides some more background, adding that Tkachyov plans on suing Bellingcat and The Insider. The two groups reportedly enlisted "two independent analytical centers -- one in the United States and one in Lithuania" - slim chance of any neutrality there - to compare the audio intercepts "with recordings of Tkachyov made under the pretext of interviewing him for another story":
The two centers, using various digital analytical methods, independently determined it was "highly probable" that the man on the recordings and Tkachyov were one and the same.

According to the report, Delfin was a Russian general who was based in the Ukrainian town of Krasnodon in the summer of 2014 with the task of coordinating disparate separatist militia units in parts of Ukraine's Donetsk and Luhansk regions.

The Dutch-led Joint Investigative Team (JIT) has identified Delfin as a person of interest in the downing of Malaysia Airlines flight MH17 in July 2014.
...
Tkachyov, 68, is a decorated veteran of both Russian campaigns in Chechnya. He was released from military service in 2010.

After his retirement, however, he served in 2011-12 as a military adviser to the government of Syria. After his return, he was assigned to the Central Military District and based in Yekaterinburg.
Russia was already found guilty of MH17 by the media in the immediate aftermath of the attack. As far as the average person remembers, Putin personally ordered his proxies in the Donbass to down the jet. After that, nothing else matters. The JIT may determine it was an accident. They'll probably blame the separatists and perhaps implicate some Russian military men. The verdict will probably be used as justification for more sanctions. But the damage has been done - the story has already been milked for most of its propaganda value - facts be damned.


Snakes in Suits

White House statement on Yemen violence doesn't mention US complicity

yemen
© aljazeera.com
The White House has called on 'all sides' to cease fighting in Yemen, but failed to address the US role in the ongoing devastation in the Middle East's poorest nation. US military support has been crucial in the Saudi-led war on Yemen.

"The United States is gravely concerned by the recent escalation in violence and continued dire humanitarian conditions in Yemen," the White House said in a statement Friday. "We urge all parties to immediately cease hostilities, reenergize political talks, and end the suffering of the Yemeni people."


Comment: See also:


Question

Self-recused Obama judge also a judge for FISA Court approving Trump investigation

Judge Contreras
© Sanction LawFISA Judge Rudolph Contreras
Ret. Lt. Gen. Mike Flynn lied to the FBI for some inexplicable reason and was indicted on one count of lying. That is a process crime. In other words, he wasn't indicted for a crime, he was nabbed for lying during the process of investigation.

As part of the deal, Flynn has agreed to full cooperation with the collusion witch hunters of the FBI. Flynn admitted that two transition team members were involved in the outreach to Russian officials. This week, the judge in the case recused himself. Obviously that is something Robert Mueller and his entire team should have done, along with many of the heads in the FBI.

A different judge will sentence him since the judge in the case, an Obama Judge, Rudolph Contreras, recused himself for some reason. Usually judges recuse themselves for conflicts of interest. Clinton appointee Judge Emmet Sullivan will sentence him, according to Fox News.

Contreras sits on the Foreign Intelligence Surveillance Court (FISA) and has done so since 2016, the same court that approved the investigation and unmasking of Trump campaign staff. That could be the conflict of interest. Every judge on the FISA court was appointed during Obama's presidency. Seven of the judges will go into 2020 and the rest go to 2021.
FISA chart
© FISA

Comment: It seems uncertain whether Judge Contreras was self-recused or the recusal was forced upon him, and the six-day delay draws further speculation as well.


Arrow Down

US to have no future role in peace process says Palestinian FM al-Maliki

al-Maliki
© TeleSURPalestine's FM Riyad al-Maliki
Palestine's Foreign Minister Riyad al-Maliki has confirmed that his country will no longer seek to discuss the long stalled Israel-Palestine peace process with representatives of the United States.

According to al-Maliki, the US will have "no role" in the peace process stemming from Donald Trump's decision to recognise Jerusalem/al-Quds as the Israeli capital.

Today's statement confirms yesterday's remarks from Palestine's Ambassador to Russia, Hafiz Nofal who stated that instead of working with Washington, Palestine will look for new international brokers to participate in future peace talks.

This comes amid sources close to Palestinian President Mahmoud Abbas stating that Abbas will cancel a meeting with US Vice President Mike Pence during his forthcoming visit to the region.

Comment: A justified decision to say the least.


Footprints

ISIS keeps US' military foot in Philippines' door

KAMANDAG
© Update PhilippinesKAMANDAG exercises
Current US ambassador to the Philippines, Sung Kim, recently congratulated the Philippines' armed forces and the US military for their successful completion of KAMANDAG, a joint military exercise held for the first time this year.

The US embassy in the Philippines on its website noted that:
KAMANDAG, which will run until October 11, is an acronym for the Filipino phrase "Kaagapay Ng Mga Mandirigma Ng Dagat," or "Cooperation of Warriors of the Sea," emphasizing the close partnership between the Philippine and United States militaries. KAMANDAG will increase overall U.S. and Philippine readiness, improve bilateral responsiveness to crises in the region, and further reinforce our illustrious decades-long alliance. Leading up to the commencement of KAMANDAG, AFP and U.S. forces completed bilateral humanitarian and civic assistance projects at schools earlier this month in Casiguran, Aurora.
The embassy also made particular note that the exercise would "increase counterterrorism capabilities," which is particularly convenient considering the current crisis Manila faces on its southern island of Mindanao, where parts of the city of Marawi are still being held by militants linked to the Islamic State.

Attention

Rep. Jim Jordan challenges Sessions to appoint special counsel to probe Clinton campaign or step down

Rep. Jim Jordan
© YouTube.comRep. Jim Jordan
Rep. Jim Jordan (R-Ohio) on Thursday laid out evidence pointing to collusion between the Hillary Clinton 2016 presidential campaign and the Russians that eventually led to Trump campaign officials being spied on, and he demanded that Attorney General Jeff Sessions either appoint a special counsel or step down.

What is the evidence that Clinton colluded with Russians?

"You gotta go back to the basics," Jordan explained on Fox News' Fox & Friends. "Remember we got [Robert] Mueller's special counsel team investigating possible coordination between the Trump campaign and Russians to influence the election. To date, we have zero evidence of that taking place," he said.

"But what do we know?" Jordan continued. "We have learned in the last several weeks that the Clinton campaign paid the law firm who paid Fusion GPS, who paid Christopher Steele, the MI-6 agent, who paid Russians. The Clinton campaign paid Russians for this report for this dossier, and it's been reported that this dossier was all dressed up by the government taken to the FISA court and became the basis to spy on Americans."

Comment: There shouldn't be any doubt left in any mind that the legal process is corrupt and has thus compromised the investigations regarding any of these allegations. Don't look here, look there.

See also: Congressmen demand accountability for FBI special treatment of Clinton


X

President Mahmoud Abbas won't meet Pence as Palestinians seek new mediator in peace talks

Pence
© Joshua Roberts / ReutersU.S. Vice President Mike Pence
Palestinian President Mahmoud Abbas will not meet with US Vice President Mike Pence later this month and is seeking a new mediator in peace talks with Israel. Abbas won't be alone in snubbing Pence on his Middle East tour in the wake of Trump's Jerusalem decision.

Abbas' refusal to host Trump was confirmed by Palestinian Foreign Minister Riyad al-Maliki before an Arab League meeting in Cairo. He added there will be no contact between US and Palestinian officials, and that his government was seeking a new mediator as Washington had surrendered its neutrality with Trump's declaration.

"We will seek a new mediator from our Arab brothers and the international community, a mediator who can help with reaching a two-state solution," al-Maliki said.

The statement comes after an earlier announcement by Fatah Friday that Pence is unwelcome in Palestine, following President Donald Trump's decision to move the US embassy in Israel to Jerusalem, acknowledging the disputed city as the Israeli capital.

Comment: Read here for more reactions from world leaders: Armageddon? World Reacts to Trump's Jerusalem Decision - Hamas, Fatah, Hezbollah Warn of New Intifada


Gold Bar

US dollar dominance threatened by Russia-China real gold standard

russian gold bars
© Ilya Naymushin / Reuters
The BRICS counties are considering starting an internal gold trading platform, according to Russian officials. When this happens, the global economy will be significantly reshaped, and the West will lose its dominance, predicts a precious metals expert.

In 2016, 24,338 tons of physical gold were traded, which was 43 percent more than in 2015, according to Claudio Grass, of Precious Metal Advisory Switzerland.