Cempaka Asean: ASEAN+3 FMs agree on action plan to foster regional economic confidence

"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. …”

Monday, February 23, 2009

ASEAN+3 FMs agree on action plan to foster regional economic confidence

www.chinaview.cn 2009-02-23 00:53:17

PHUKET, Thailand, Feb. 22 (Xinhua) -- Finance ministers from the ASEAN plus three countries agreed Sunday to speed up the process of operationalising the Chiang Mai Initiative Multilateralization (CMIM), a regional foreign reserve pool in case of currency flow shortage.

South Korea's Minister of Strategy and Finance Yoon Jeung-hyun addresses the news press after the Special ASEAN + 3 Finance Ministers' Meeting at Thailand's southern resort island of Phuket, Feb. 22, 2009. Top financial officials from the 13 countries discussed further on a management mechanism and terms of borrowing to bring the funds into operation at the Special ASEAN + 3 Finance Ministers' Meeting held at Phuket on Sunday. (Xinhua/Shen Min). Photo Gallery>>>

The agreement was reached at a special meeting on Sunday in Phuket in southern Thailand in a bid to ensure the regional market stability and to foster confidence in the markets.

According to the Action Plan to Restore Economic and Financial Stability of the Asian Region agreed by the ministers, 120 billion U.S. dollars, instead of 80 billion U.S. dollars as initially proposed, will be injected into the reserve pool, or the CMIM, said Thai Finance Minister Korn Chatikavanij at a joint press conference after the one-day special meeting.

The ASEAN+3 group initiated the Chiang Mai Initiative (CMI), a bilateral currency swap arrangement in the aftermath of the 1997 Asian financial crisis in a bid to help countries tackle a possible foreign capital flow shortage.

In May 2008, the ASEAN plus three finance ministers agreed to transform the CMI to CMIM, with each country contributing a share to a common reserve fund in the scenario of a financial crisis.

The ratio of contribution between ASEAN (the Association of Southeast Asian Nations) and the plus three countries -- China, Japan and South Korea, was set at 20:80, said Korn.

The five major economies in the ASEAN including Malaysia, Indonesia, the Philippines, Singapore and Thailand, will make a equal contribution and altogether take the bigger share of the 20-percent proportion, while the other smaller economies including Brunei, Laos, Cambodia, Vietnam, and Myanmar will take the rest, with the exact amount of distribution yet to be finalized, said Korn.

Chinese Finance Minister Xie Xuren addresses the news conference after the Special ASEAN + 3 Finance Ministers' Meeting at Thailand's southern resort island of Phuket, Feb. 22, 2009. Top financial officials from the 13 countries discussed further on a management mechanism and terms of borrowing to bring the funds into operation at the Special ASEAN + 3 Finance Ministers' Meeting held at Phuket on Sunday. (Xinhua/Shen Min) Photo Gallery>>>

The ratio of contribution among China, Japan and South Korean for the 80-percent share was still under discussion, said Chinese Finance Minister Xie Xuren.

The finance ministers agreed to speed up the process in finalizing the key terms before the ASEAN+3 Finance Ministers' Meeting in Bali, Indonesia in May, said Xie.

The ministers also agreed to establish an independent regional surveillance mechanism to promote economic monitoring in the region.

The meeting also reiterated the importance of the Asian Bond Market Initiative (ABMI) among the participants.

The meeting resolves to create a new roadmap which focuses on the promotion of the issuance of local currency-denominated bonds, facilitation of demand of local currency-denominated bonds, improvement of legal framework and strengthening of infrastructure for bond markets in the region, said Korn.

The meeting reaffirmed the important role of the Asian Development Bank (ADB) in mitigating the impacts of the global financial turmoil and providing necessary capital to regional growth, by more lending on infrastructure development and trade finance in the region.

The ministers agreed for an immediate and substantial capital hike for ADB, said Korn. "We call for an early agreement on the Fifth General Capital Increase of ADB by its next Annual Meeting in May 2009," said Korn.

Sunday's Special ASEAN+3 Finance Ministers' Meeting was held ahead of 14th ASEAN Summit scheduled on Feb. 27 - March 1 in Cha-am, central beach resort in Thailand.

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Monday, February 23, 2009

ASEAN+3 FMs agree on action plan to foster regional economic confidence

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