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Fri, 29 Oct 2021
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Black Cat

Unapologetic Nestlé CEO would take more water from drought stricken California if he could

Nestle-water
© n/a
Nestlé's chief executive officer said he would not consider moving his company's bottling operations out of California - which continues to struggle through a historic drought.

The corporate official said Nestlé would not follow Starbucks and stop drawing water from wells in the state - where personal use has been limited - and move elsewhere, reported KPCC-FM.

"Absolutely not," said CEO Tim Brown. "In fact, if I could increase it, I would."

Brown said the company's water bottling operations serve a growing consumer demand - and he's not willing to give up Nestlé's market share.

"If I stop bottling water tomorrow, people would buy another brand of bottled water," he said. "As the second largest bottler in the state, we're filling a role many others aren't filling. It's driven by consumer demand — it's driven by an on-the-go society that needs to hydrate. Frankly, we're very happy [consumers] are doing it in a healthier way."


Comment: That's a typical excuse that conscienceless executives make to absolve themselves of responsibility for actions that are detrimental to others. It would never dawn on this CEO to consider making a dramatic change in business practices that might inspire others to make positive changes as well, thereby improving life for the majority. And this explains much of what is wrong in our society, the world is run by people just like this.


Jay Famiglietti, a hydrologist at NASA's Jet Propulsion Lab, said the California water crisis is at least partly the result of a human behavior problem that could threaten water supplies in other areas.

Comment:


Gold Coins

China requests IMF recommend renminbi as a reserve currency

Renminbi
China has made a request of the International Monetary Fund (IMF): It wants the IMF to recommend the Chinese renminbi as a reserve currency. Being a reserve-currency economy would give China easier and cheaper access to capital (something an indebted China is likely to cheer). But there are also drawbacks. Reserve currencies tend to be in high demand, pushing up the value of their currency relative to where it would otherwise trade. This makes exports less competitive and imports more competitive. China is unlikely to welcome such an outcome. Whether or not the IMF says "yes"—and to what extent—has the potential to shift the global economy toward a duopoly with two dominant reserve currencies—the U.S. dollar and the Chinese renminbi.

Comment: Renminbi or yuan?

See also Renminbi internationalisation: the long march continues, Even US corporations are fleeing the dollar Titanic, Billboards in Thailand


Snakes in Suits

Senator John McCain: That's it, you're fired!

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It's about time the American people threw Arizona Republican Senator John McCain "physically" out the back door of Washington. And may the screen door not hit him in the rear, on his way out! A political rant, past overdue...

News today US Senator John McCain is worming out of being an adviser to Ukraine President Petro Poroshenko is absolutely the worst PR double dribble anybody in the business ever heard of. The head of the US Senate Armed Services Committee, McCain has been the screaming eagle flying overhead in Washington demanding guns for Kiev since the country erupted in civil war after Euromaidan. If his part in Ukraine's current situation were for a job resume, the Arizona senator would join America's unemployed tomorrow morning. Here's a look at a public relations abortion in progress.

Newspaper

TPP: Obama pushes to fast track while the debate heats up

tpp
Even a broken clock is right twice a day, and every now and then even the occasional Congress critter comes down on the right side of an issue...as long as it affords them some political leverage, that is.

Such is the case in the current fight over "Trade Promotion Authority," an obscure piece of legislation that is now at the heart of the debate over Washington's ratification of the Trans-Pacific Partnership (TPP).

Trade Promotion Authority, or "fast track negotiating authority" is an authority granted by Congress that allows the President to present trade agreements to Congress for approval or rejection, and stops the treaty from being filibustered or amended. This authority is needed because Congress is in fact given all authority to regulate "commerce with foreign nations" and "lay and collect taxes, duties, imposts, and excises." The idea (supposedly) is to give the President "added leverage to negotiate trade agreements by effectively assuring U.S. trade partners that final agreements will be given timely and unamended consideration."

Comment: Senator Warren challenges Obama administration to make secretive terms of TPP trade agreement public




Quenelle - Golden

Russian Justice Ministry to keep tabs on the former oligarch Khodorkovsky's 'Open Russia' front

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© Reuters / Toby Melville
Mikhail Khodorkovsky
The Russian Justice Ministry has asked prosecutors to check the Open Russia public movement for ties with former oil tycoon Mikhail Khodorkovsky and foreign sponsorship, a business daily claims.

According to Vedomosti, the ministry's request was made after a letter from State Duma MP Aleksandr Sidyakin, who represents the conservative majority United Russia party. In late April this year, he asked law enforcers to check if the Open Russia public movement could be categorized as a foreign agent and, if so, to see that it duly registers as such.

He explained his enquiry by the fact that Russian mass media had reported that Open Russia had received funding from abroad and taken part in the political life of the country - these two conditions legally require any group to register as foreign agent.

Comment: For more on the criminal background of the oligarch Khodorkovsky, check out:


Yoda

French media: Hollande needs to learn from Putin's leadership

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© Sputnik/ Alexei Druzhinin
One could criticize Vladimir Putin and his politics, but one thing is clear - he is a real leader and certainly knows how to be president, something that Francois Hollande must learn from him, Nouvelles de France said.

Russian President Vladimir Putin has established himself as a capable head of state by defending his country's national interests and winning the hearts and minds of his fellow citizens. French President Francois Hollande, meanwhile, is a "walking contradiction" and should learn a thing or two from the Russian president on how to be the leader of his country, said French Nouvelles de France.

When Russia celebrated the 70th Anniversary of its victory over Nazi Germany on May 9, Putin, together with 500,000 of his countrymen, marched down the streets of Moscow holding a picture of his father, who fought during the Great Patriotic War. In the meantime, Paris had a demonstration in support of the legalization of marijuana.

After rejecting his invitation to the Moscow Victory Parade, Hollande instead went to shake hands with the King of Saudi Arabia in Riyadh, known for its human rights abuses. Then, hoping to get approval of French voters, Hollande flew to the Antilles to attend a climate change summit and participate in the inauguration of a museum dedicated to the history of slavery.

Dollars

How to end boom and bust: make cash illegal

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© Getty Images
Gordon Brown promised to 'end boom and bust' but a cashless world would have given him far more chance to achieve it, academics suggest.
Forcing everyone to spend only by electronic means from an account held at a government-run bank would give the authorities far better tools to deal with recessions and economic booms, writes Jim Leaviss.

A proposed new law in Denmark could be the first step towards an economic revolution that sees physical currencies and normal bank accounts abolished and gives governments futuristic new tools to fight the cycle of "boom and bust".

The Danish proposal sounds innocuous enough on the surface - it would simply allow shops to refuse payments in cash and insist that customers use contactless debit cards or some other means of electronic payment.

Comment: This topic of a cashless society seems to be heating up lately. For more information check out the Truth Perspective's interview with Michael Snyder on the Economic Collapse and Global Chaos on the SOTT Radio Network.


Crusader

Vatican officially recognizes Palestine while Israel fumes

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© Reuters/Riccardo De Luca
The Vatican has become the latest country to recognize the state of Palestine, after a new treaty was finalized on Wednesday. Unsurprisingly Israel has hit out at the move, saying that it damages prospects for peace in the region.

The treaty, which was agreed, though has yet to be formally signed states the Vatican has switched its diplomatic allegiance from the Palestinian Liberation Organization to the state of Palestine. It was finalized days before the Palestinian President Mahmoud Abbas is due to visit Pope Francis.

Abbas is traveling to the Vatican to attend the canonization of four new saints by the Pope, two of which are Palestinian nuns. The move to grant them sainthood has been described as a "sign of hope" for the region by the Latin patriarch of Jerusalem, Fouad Twal, Vatican Insider reports.

Comment: Interesting development.


Network

US House approves Freedom Act to end NSA bulk data collection

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© Reuters/Jason Reed
The House of Representatives voted to pass the USA Freedom Act on Wednesday, approving a bill that would change the way the National Security Agency gathers telephone data of American citizens. The bill now heads to the Senate.

The USA Freedom Act was passed overwhelmingly with 338 votes in favor and 88 against. Despite criticism that the legislation falls short of protecting Americans' rights, the bill was approved without any amendments.


Comment: Well, that is a good start.


Pistol

Divide and conquer: 6 Gunmen "loyal" to Islamic State kill 43 in Karachi, Pakistan

Pakistani ambulances
© REUTERS/AKHTAR SOOMRO
Ambulances and people gather gather outside the hospital after an attack on a bus in Karachi, Pakistan, May 13, 2015.
Gunmen on motorcycles boarded a bus and opened fire on commuters in Pakistan's volatile southern city of Karachi on Wednesday, killing at least 43, police said, in the latest attack directed against religious minorities this year.

The pink bus was pockmarked with bullet holes and blood saturated the seats and dripped out of the doors on to the concrete.

"As the gunmen climbed on to the bus, one of them shouted, 'Kill them all!' Then they started indiscriminately firing at everyone they saw," a wounded woman told a television channel by phone.

Police Superintendent Najib Khan told Reuters there were six gunmen and that all the passengers were Ismailis, a minority Shi'ite Muslim sect. Pakistan is mostly Sunni.

Militant group Jundullah, which has attacked Muslim minorities before, claimed responsibility. The group has links with the Pakistani Taliban and pledged allegiance to Islamic State in November.

"These killed people were Ismaili and we consider them kafir (non-Muslim). We had four attackers. In the coming days we will attack Ismailis, Shi'ites and Christians," spokesman Ahmed Marwat told Reuters.

Comment: Another tragedy in a long line of instances where the US or one of it's proxies terrorizes Pakistan in an attempt to further divide the region.