China, the biggest buyer of Iranian oil, will take steps to prevent European trade sanctions disrupting shipments from the Persian Gulf nation, said tanker operator China Shipping Development Co.

The government has discussed ways of helping shipping companies get insurance once sanctions against Iran kick in on July 1, General Manager Yan Zhichong told reporters in Hong Kong today. The ministry of transport and National Development Reform Commission has had special meetings on the issue, he said.

While questions remain about the existence of a single global elite with an agenda that goes beyond simply keeping itself very, very rich, there are certainly groups that want to run the world for quite other reasons. And with the increasing globalisation of political and economic institutions, it has become easier for a relatively small group to inveigle itself into quite staggeringly influential positions. One cabal in particular reveals - alarmingly - what a small group, driven by a fanatical belief system, can achieve from the shadows. And writing as we are in the United Kingdom, this group is on our doorstep, and has been for over a century. And although perhaps small in number, its reach is big.

Our research into this subject - detailed in The Stargate Conspiracy (1999) and The Sion Revelation (2006) - demonstrated that every major step in the development of the European Union from a simple trading body to a borderline superstate can be traced back to a very specific ideology, which upholds rule by an elite from behind the scenes. But this isn't just about politics. Astonishingly, this ideology is also about mysticism and magic.

This shadowy politico-occult movement is synarchy, which was developed by the Frenchman Joseph Alexandre Saint-Yves, the Marquis d'Alveydre, in opposition to the rise of anarchy in the second half of the nineteenth century. To him the ideal synarchist state would be a rigid social hierarchy topped by an elite that is predestined to rule - absolutely at odds with the then emerging concepts of democracy, individual liberty and social mobility.

Central to Saint-Yves was the creation of a united Europe, a call for which appears on the first page of his first book on synarchy, Keys to the East (1877). He believed that his perfectly balanced society reflected deep cosmic laws, with which his elite perfectly resonated. They are also directly guided by the powers that rule the universe - as he believed himself to be.

Fort Mead, Maryland - An attorney for an Army private accused of leaking hundreds of thousands of pages of classified information asked a military judge Thursday to dismiss the charges, arguing the government bungled the handover of documents to the defense.

The request came during a hearing for Pfc. Bradley Manning at a military courtroom at Fort Meade, Md., near Baltimore. Military prosecutors say Manning, a 24-year-old Oklahoma native, downloaded and sent to the anti-secrecy website WikiLeaks a vast store of sensitive documents and diplomatic cables. The military says Manning indirectly aided al-Qaida in the Arabian Peninsula by giving information to the WikiLeaks site.

Banks might be indulging a bad habit that could be worsening the foreclosure crisis, according to recent research from economists at the Federal Reserve Bank of Cleveland.

The economists, Thomas Fitzpatrick and Stephan Whitaker, did some analysis of the Ohio real estate market and found a disquieting trend. Banks seem to be over-valuing many of the homes they foreclose on, making it less likely that homeowners can get a loan modification and more likely that they'll end up losing their property.

It is not clear how or why banks are getting an inflated idea of the value of so many properties - especially since foreclosed homes tend to drag down real estate prices for the whole neighborhood - but the trend seems to be real. Fitzpatrick and Whitaker note that at foreclosed-home auctions in the Cleveland area, banks routinely sell their properties for much less than what they paid to buy them from the sheriff, meaning banks are high-balling their estimates of what those homes are worth.

Building a skyscraper is the ultimate expression of economic confidence, and more than half of the 124 skyscrapers currently under construction in the world are being built in China. But confidence is often based on nothing more than faith, hope, and cheap credit, and a frenzy of skyscraper-building is also the most reliable historical indicator of an impending financial crash.

The Empire State Building and the Chrysler Building, the twin symbols of New York's emergence as the world's financial capital, were started at the end of the "Roaring Twenties" but completed in the depths of the Great Depression. The Petronas Towers in Malaysia were built just before the Asian financial crash of 1998. Burj al-Khalifa in Dubai, now the world's tallest building, was just starting construction when the Great Recession hit in 2008.

Informed diplomatic sources have reported to the Wayne Madsen Report (WMR) that Bahrain, representing the six-nation Gulf Cooperation Council (GCC), offered Russia a bribe of $5 billion if it did not use its veto in the Security Council to defeat an Arab League-sponsored resolution calling for Syrian President Bashar al-Assad to step down. In the February 4 vote on the resolution, Russia, along with China, used their vetos to shoot down the resolution. U.S. ambassador to the UN Susan Rice called the vetoes "disgusting" and Secretary of State Hillary Clinton referred to the Russian and Chinese action as "despicable," with Germany's UN ambassador Peter Wittig calling the vetoes a "disgrace."

But in what could be termed disgusting, despicable, and disgraceful was the reported offering of a $5 billion bribe for Russia's yes vote by Bahrain's Foreign Minister Shaikh Khalid bin Ahmed bin Mohammed Al Khalifa during a trip to Moscow prior to the UN Security Council vote. Our sources report that the Russian government flatly turned down the offer of the money, which was bundled by Bahrain, Saudi Arabia, Kuwait, Qatar, the United Arab Emirates, and Oman.

The spring air in the small, sand-dusted town has a soft haze to it, and clumps of green-gray sagebrush rustle in the breeze. Bluffdale sits in a bowl-shaped valley in the shadow of Utah's Wasatch Range to the east and the Oquirrh Mountains to the west. It's the heart of Mormon country, where religious pioneers first arrived more than 160 years ago. They came to escape the rest of the world, to understand the mysterious words sent down from their god as revealed on buried golden plates, and to practice what has become known as "the principle," marriage to multiple wives.

Today Bluffdale is home to one of the nation's largest sects of polygamists, the Apostolic United Brethren, with upwards of 9,000 members. The brethren's complex includes a chapel, a school, a sports field, and an archive. Membership has doubled since 1978 - and the number of plural marriages has tripled - so the sect has recently been looking for ways to purchase more land and expand throughout the town.

But new pioneers have quietly begun moving into the area, secretive outsiders who say little and keep to themselves. Like the pious polygamists, they are focused on deciphering cryptic messages that only they have the power to understand. Just off Beef Hollow Road, less than a mile from brethren headquarters, thousands of hard-hatted construction workers in sweat-soaked T-shirts are laying the groundwork for the newcomers' own temple and archive, a massive complex so large that it necessitated expanding the town's boundaries. Once built, it will be more than five times the size of the US Capitol.

Saudi Arabia is preparing to extend this year's unexpected jump in oil sales to the United States, adding to speculation about the response of the world's top oil exporter to sanctions against Iran and a rally in prices.

The kingdom's shipments to the United States have quietly risen 25 percent to the highest level since mid-2008, according to preliminary U.S. government data, a sizeable leap that appears at least partly related to the imminent completion of a major expansion at its joint-venture Motiva refinery in Texas.

But some say the scale of the increase, plus other U.S. data showing Gulf Coast inventories are still subdued, suggest the potential for a political dimension as well, evoking comparisons to 2008 when the OPEC kingpin was driving up production to knock oil prices off record highs near $150 a barrel.

The surge appears set to continue. Vela, Saudi Arabia's state oil tanker company, has booked at least nine very large crude carriers (VLCCs) capable of carrying 2 million barrels of crude each from the Middle East Gulf to the U.S. Gulf since the start of March, the biggest such wave of fixtures in years, analysts say.

With the upcoming EU electronic banking transactions ban on Iran, the Islamic Republic might face a crude economic pinch. However, in an attempt to pressure Tehran, technocrats in Brussels might actually be leading Spain to the scaffold.


­SWIFT, the world's biggest electronic banking system, is preparing to cut off Iranian financial firms, including the country's Central Bank, blacklisted by the EU. The move is part of the European plan to impose an embargo on Iranian oil this summer over Tehran's nuclear program.

The EU and US are hoping to force Iran to the negotiating table by targeting its oil revenues.
But the measure is expected to backfire on average Europeans, particularly in Spain, which imports over 1.5 million barrels of oil from Iran daily.

The sanctions vice is tightening on Iran, cutting it out of key global financial networks, but Tehran is taking urgent steps to withstand the pressure over a nuclear program the West suspects is intended to produce bombs.

The SWIFT system, which handles most cross-border payments, said in Brussels on Thursday it would disconnect Iranian institutions blacklisted by sanctions from its messaging system on Saturday at 1600 GMT, after a European Union order and pressure from the United States.

Money exchange houses in the Gulf said they were ceasing dealing in the risky Iranian rial, in another blow to Tehran's trading channels.

Meanwhile, Reuters shipping data showed that vessels carrying at least 360,000 tons of grain are lined up to unload in Iran, in a sign Tehran is stockpiling huge amounts of food to blunt the impact of tougher Western sanctions.