Cempaka Asean: SE Asia C. banks agree to cooperate on hot money

"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. …”

Saturday, December 11, 2010

SE Asia C. banks agree to cooperate on hot money

The Jakarta Post, Jimbaran, Bali | Sat, 12/11/2010

The central banks of five major Southeast Asian countries agreed during a meeting here Friday to cooperate on how to better manage the inflow of funds into the region.

Speaking to reporters following the meeting, Bank Indonesia deputy governor Halim Alamsyah said Indonesia, Malaysia, Singapore, Thailand and the Philippines agreed to further discuss the issue at higher level meetings in February to achieve a concrete agreement as capital inflows were regional concerns.

Deputy governors of the South East Asia Central Banks (SEACEN) member countries discussed cross border issues on Friday and would seek for the governors’ approval to seal the agreement, he added.

“We announced our intentions today at the deputy governors’ meeting. This forum will report to the [SEACEN] board of governors. If they agree, an agreement will be signed,” Halim said on the sidelines of the SEACEN meeting.

He did not disclose the details of the expected agreement, but said it would focus on multilateral or bilateral agreements on cross border micro and macro financial supervision to strengthen regional cooperation to manage capital inflows.

“There will be joint supervision,” he said.

Halim added that the agreement would require central banks to disclose their monetary and financial stances. “But we need to sign a secrecy agreement in the first place, and that’s why there will be a discussion on it.”

Muliaman Hadad, another deputy governor of Indonesia’s central bank, said Indonesia already had bilateral cross border agreements with Singapore, China, Malaysia and the Philippines, and was currently seeking one with Australia and India.

A.G. Karunasena, the executive director of the SEACEN Centre, said the region had learned from the 1997/1998 Asian financial crisis, that micro-prudential supervision alone was insufficient and had to be coupled with macro-prudential surveillance and early warning systems.

Halim explained that Southeast Asian countries worked together when massive capital outflows hit the region several years ago, resulting in the Chiang Mai initiative.

“Now we have to discuss our cooperation in the midst of the ongoing capital inflows. Who knows if it turns into a Bali initiative,” Halim said.

The Chiang Mai Initiative is a multilateral currency swap agreement among the 10 members of the Association of Southeast Asian Nations (ASEAN) plus three other nations, which are China, Japan and South Korea. The ASEAN plus three are also members of the SEACEN.

Faster economic growth compared with that of the developed nations has attracted foreign investors to invest their funds in the emerging markets, including the Southeast Asian countries.

China, which is a member of SEACEN, has been among the main subjects of the so-called “currency war”, in which it refuses to let the yuan appreciate despite pressure from other countries especially the United States. (est)

Related Articles:

SE Asia considers single currency

SE Asia central bankers discuss financial issues in Bali

East Asia Launches $120b Currency Swap Agreement

ADB: Cooperation Needed in Shift to Multi-Currency Global Reserve System – Report

World Bank: yuan to become alternative reserve currency

Cempaka Asean

Pages

Asean Summit, Malaysia on Nov 21, 1015

Malala Yousafzai

North Korean defector criticises China in rare Beijing talk

#JewsAndArabsRefuseToBeEnemies

New (Energy) Pope

Old (Energy) Pope

US under fire in global press freedom report

Children Day

Search This Blog

Saturday, December 11, 2010

SE Asia C. banks agree to cooperate on hot money

No comments:

Post a Comment

Blog Archive