Cempaka Asean: Asia Must Play Greater Role In International Monetary System, Says High-Level Panel at ADB Meeting

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - Text version)

“….. Here is the prediction: China will turn North Korea loose soon. The alliance will dissolve, or become stale. There will be political upheaval in China. Not a coup and not a revolution. Within the inner circles of that which you call Chinese politics, there will be a re-evaluation of goals and monetary policy. Eventually, you will see a break with North Korea, allowing still another dictator to fall and unification to occur with the south. ….”

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Wednesday, May 4, 2011

Asia Must Play Greater Role In International Monetary System, Says High-Level Panel at ADB Meeting

Asian Development Bank, 4 May 2011

HA NOI, VIET NAM - Asia's rapid economic ascent and growing influence in global economic governance – particularly in the G20 – means the region must promote itself to play a greater role in correcting major gaps and weaknesses in the international monetary system (IMS), a high-level panel said here today.

High-level panel discusses
international monetary reform

“Asia must accept greater responsibility in global economic and financial affairs by playing a more proactive role in designing an effective multilateral framework that promotes global monetary and financial stability,” said ADB President Haruhiko Kuroda.

Mr. Kuroda cited the Chiang Mai Initiative Multilateralization and the creation of the ASEAN+3 Macroeconomic and Research Office as signs that the region is taking concrete steps to build a stronger regional financial architecture supporting regional and global financial stability. But he warned that deeply rooted problems in the international monetary system – such as persistent global imbalances, large and volatile capital flows, undue exchange rate pressures, and disruptions in providing sufficient global liquidity in times of market distress – must still be addressed with collective efforts if Asia is to achieve strong, sustainable and inclusive growth.

“Joint ADB-IMF-Japanese ASEAN +3 Co-chair-French G20 Presidency High-Level Panel on Reforming the International Monetary System” was held at ADB’s 44th Annual Meeting in Ha Noi, Viet Nam. The event was hosted jointly by Mr. Kuroda; French Finance Minister Christine Lagarde; Indian Finance Minister Pranab Mukherjee; Japanese Finance Minister Yoshihiko Noda; and Deputy Managing Director of the International Monetary Fund (IMF) Naoyuki Shinohara.

A prime objective of the current French G20 Presidency is to establish a collective global response to continued deficiencies in the IMS and panelists at the seminar discussed opportunities for the G20 to collaborate in strengthening existing global and regional financing arrangements.

“We need to have a more comprehensive and better organized system; a system that is more in sync with the real economy,” Ms. Lagarde said. She said the basket of currencies behind the IMF’s Special Drawing Rights must be enlarged to be more representative of the world’s multi-polar economy.

Mr. Mukherjee emphasized the need for well-regulated markets to ensure stability in the financial system. However, he also said that each country must be given flexibility to regulate capital flows according to their respective circumstances.

Mr. Noda called for deeper discussions within the G20 on the issue of reforming the IMS and on further reform of the IMF’s Special Drawing Rights.

Meanwhile, IMF’s Shinohara said the IMF has intensified its current study of the various experiences in emerging markets, especially on how they have dealt with capital flows. He said the comprehensive study is taking into account the situation of capital recipients and capital originators. “The work is still in progress in formulating a framework to help countries manage volatile capital flows,” he said.

About ADB

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Wednesday, May 4, 2011

Asia Must Play Greater Role In International Monetary System, Says High-Level Panel at ADB Meeting

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