Cempaka Asean: Asean+3 ministers agree to double emergency reserve fund to $240b

"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. …”

Friday, May 4, 2012

Asean+3 ministers agree to double emergency reserve fund to $240b

The Jakarta Post, Wichit Chaitrong, Asia News Network (The Nation), Manila, Fri, 05/04/2012

Asean and East Asian finance ministers Thursday agreed to double their emergency reserve pool to US$240 billion to better prepare for any economic crisis.

"The credit line has been expanded to $240 billion from the previous agreement of $120 billion, with the lion's share of contributions made by the three giant economies - China, Japan and South Korea," Thai Finance Minister Kittiratt Na-Ranong said on the sidelines of the 45th annual meeting of the Asian Development Bank's board of governors.

Finance ministers from the 10-member Asean, and China, Japan and South Korea issued a joint statement on the emergency pool after the ministers' meeting in Manila, running parallel with the ADB's annual meeting, said Kittiratt, who is also a deputy prime minister.

Member countries could ask for emergency loans to beef up their international reserves to avert an economic crisis, such as what happened in 1997 when massive capital outflows from Thailand triggered the Asian financial crisis. Several countries were forced to ask for assistance from the International Monetary Fund (IMF).

The credit line, known as the Chiang Mai Initiative Multilateralisation currency-swap arrangement, will complement the IMF and credit will be extended even before a crisis hits, he said.

"If there's a sign of economic trouble, a member could ask for a bail-out from the new credit line without having to go to the IMF," he said.

In case of a serious crisis, members, however, may also need to ask for help from the IMF and they must follow the IMF's conditions, such as implementing austerity measures.

The global economy is still suffering from the sovereign debt crisis in Europe, but the US economy is showing signs of improving.

Kittiratt said he also met with the Asian Development Bank to discuss the bank's role in assisting Laos, Cambodia, Vietnam and Myanmar with their infrastructure projects that link them to Thailand.

The government next month is going to draw down $100 million from the ADB's $300-million loan package for economic restructuring after already using $200 million, he said.

Asean ministers and the ADB also discussed about the operation of the Asean Infrastructure Fund (AIF). The $485-million fund is expected to provide loans for infrastructure projects in the region this year.

Areepong Bhoocha-oom, permanent secretary for finance, said the AIF in the first three to five years would provide support to projects run by governments. After that it would consider extending loans to privately run projects.

The interest rate is expected to be slightly higher than Libor - the London Interbank Offered Rate.

Indonesia and Malaysia have already submitted several projects for AIF financial assistance. However, the Thai government has yet to propose any project.

In the future the AIF would sell its bonds to central banks in the region as part of fund-raising and tap the vast foreign reserves in the region for investment here.

The AIF will be managed by the ADB.

Thailand also discussed with the ADB a five-year plan of cooperation in five areas - capital markets, banking, infrastructure, micro-finance and insurance, he added.

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Friday, May 4, 2012

Asean+3 ministers agree to double emergency reserve fund to $240b

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