US Government lies about molten steel found at Ground Zero after 9/11


Added: 21. August 2010

More on 9/11:

Flashback: Donald Rumsfeld said Flight 93 shot down

NASA Flight Director: 9/11 Aircraft Speed Is The ‘Elephant In The Room’

Dr. Alan Sabrosky, former director of studies at the US Army War College: The US Military now KNOWS Mossad carried out 9/11 Attacks

Former FBI Senior Special Agent Ted Gunderson Says 9/11 Was An Inside Job

9/11: PENTAGON AIRCRAFT HIJACK IMPOSSIBLE: FLIGHT 77 DECK DOOR CLOSED FOR ENTIRE FLIGHT

9/11 Family Member Manny Badillo schools France 24 News

Sibel Edmonds ‘Bombshell’: Osama Bin Laden Worked for US Until 9/11

Whistleblower Sibel Edmonds Finally Testifies Under Oath

Footage of WTC 7 and North Tower Collapse

Highly-Credible People Question 9/11

70 Reasons To Doubt The Offical Story of 9/11

Career Army officer sues Rumsfeld, Cheney, saying no evacuation order given on 9/11

Read moreUS Government lies about molten steel found at Ground Zero after 9/11

Italy: Rome Prepares to Demolish 200 Illegal Gypsy camps

Aid workers fear thousands of Roma will be left homeless

rome-mayor-gianni-alemann-a-former-neo-fascist
Rome’s mayor, Gianni Alemanno, a former neo-fascist, said Gypsies leaving France were now settling in Italy. Photograph: Alessandro Bianchi/Reuters

Plans by Rome city officials to demolish up to 200 illegal Gypsy camps this week have raised fears by aid workers that thousands of Roma, including women and small children, will be forced on to the streets.

In the wake of France’s controversial repatriation of Romanian Gypsies last month, Italian police backed by bulldozers will raze rudimentary camps in Rome built beneath flyovers and in wasteland, often by Romanian migrants.

Rome’s mayor, Gianni Alemanno, has cited the recent death of a Romanian child during a fire in one of the camps as an incentive for their demolition. “These are the terrible risks and dramas of the illegal camps that have existed in Rome for too long,” he said.

Sveva Belviso, Alemanno’s social policy assessor, said fewer than 1,000 people people were due to be evicted. “We will offer assistance to the young, old and sick,” she said.

But the Red Cross warned that many more faced sleeping rough and losing their possessions.

“The number is in fact likely to be over 1,000 and with the city’s financial straits and overflowing accommodation I wonder where they will put up and feed these people,” said Mario Squicciarini. “What is worse is that when the bulldozers go in they often do not give you time to get your possessions out.”

Read moreItaly: Rome Prepares to Demolish 200 Illegal Gypsy camps

And Now: ‘Floating Chernobyls’ to Hit The High Seas

What could possibly go wrong?


“Floating Chernobyls-in-waiting” are coming to a sea near you after a major international agreement was signed last week, according to critics of nuclear power.

floating-chernobyls
Russia reached a recent milestone when the hull of the Akademik Lomonosov was launched into the Baltic Sea

China and Russia agreed to expand co-operation over nuclear power, specifically on uranium exploration and safer power plants – but also on floating nuclear reactors.

“It’s a case of Homer Simpson meets the Titanic,” says Ben Ayliffe, a senior climate campaigner at Greenpeace. “The idea is just mind-boggling.”

Unsurprisingly, he is appalled by the idea.

Russia has been planning floating reactors for quite some time, but reached a recent milestone when the hull of the Akademik Lomonosov was launched into the Baltic Sea.

The reactor is not complete, but the barge that will house the plant was launched on June 30 at the Baltyskiy shipyard in St Petersburg – and China has been watching developments very closely indeed.

Sergei Kiriyenko, head of Russia’s nuclear agency Rosatom said the plant would be “absolutely safe” and predicted “big interest from foreign customers – especially in developing nations”.

Floating reactors can be used in inaccessible places where there is no electricity grid – including exploring for oil in the Arctic or Antarctic.

Read moreAnd Now: ‘Floating Chernobyls’ to Hit The High Seas

Mafia Cash In On Lucrative EU Wind Farm Handouts – Especially In Sicily

An ill wind is blowing over Italy’s green revolution, as the Mafia seek to capitalise on generous grants for renewable energy.

mafia-cash-in-on-lucrative-eu-wind-farm-handouts-especially-in-sicily
Photo: AFP/GETTY IMAGES

They rise up high above the sun-scorched countryside, looking out over hilltop villages, palm trees, neatly-tended vineyards and olive groves.

But for all their promises of a clean, green future, Italy’s windfarms have now acquired a somewhat dirtier whiff – as the latest industry to be infiltrated by the country’s mobsters.

Attracted by the prospect of generous grants designed to boost the use of alternative energies, the so-called “eco Mafia” has begun fraudulently creaming off millions of euros from both the Italian government and the European Union.

And nowhere has the industry’s reputation become more tarnished than Sicily, where windmills now dot the horizon in Mafia strongholds like Corleone, the town better known as the setting for the Godfather films.

“Nothing earns more than a wind farm,” said Edoardo Zanchini, an environmental campaigner who has investigated Mafia infiltration of the industry. “Anything that creates wealth interests the Mafia.”

It is not just Italian criminals, however, who have spotted the potential for corruption. Recent research by Kroll, the international corporate security firm, has discovered examples all over Europe of so-called “clean energy” schemes being used to to line criminals’ pockets rather than save the planet. Some involve windmills that stand derelict or are simply never built, while others are used to launder profits from other crime enterprises.

“Renewable energy seems like a good thing, run by saintly people saving the world,” said Jason Wright, a senior director with Kroll, which performs background checks on renewable energy schemes on behalf of legitimate investors, and which has documented a sharp rise in the number of wind farms with suspect ownership.

“But a lot of people want to jump on board a sure-fire revenue spinner. I wouldn’t say the entire sector is corrupt, but there is a small percentage of corrupt projects.”

The level of fraud has prompted calls for tighter restrictions on the use of public money in funding renewable energy, for which EU bureaucrats have grand ambitions. Brussels has ordered all 27 EU nations to ensure that one-fifth of their energy is renewable by 2020, and in recent years has given out an average of €5 billion (£4.1 billion) annually in loans and grants. The levels of subsidy allow some wind farm owners to claim generous premiums for every watt of electricity they generate.

In Italy, for example, power from wind farms is sold at a guaranteed rate of €180 per kwh – the highest rate in the world. In a country where the Mafia has years of expertise at buying corrupt politicians and intimidating rivals, the result is perhaps inevitable, creating a new breed of entrepreneur known as the “lords of the wind”.

Read moreMafia Cash In On Lucrative EU Wind Farm Handouts – Especially In Sicily

The Rothschild Documentary

See also: Plastiki Skipper David de Rothschild’s Masonic Handshake


The Rothschild secret financial records were never audited and never accounted for.

Researchers estimate their wealth at close to $500 trillion.

1 of 6:

2 of 6:

3 of 6:

4 of 6:

5 of 6:

6 of 6:

Labor’s Julia Gillard To Form Minority Freemason Government In Australia

Oh, what a ‘surprise’!

Australia: Julia Gillard, Wayne Swan, Bob Katter And The Masonic Handshake

Now expect the internet to be censored in Australia.

The dark side rules. Wake up Australia!


Labor wins backing of two independent MPs, allowing Gillard to remain as prime minister


Labor leader to remain as prime minister after winning backing from two independent MPs

Labor’s Julia Gillard will form a minority government in Australia after gaining the support of two independent MPs today.

Labor won the backing of Tony Windsor and Rob Oakeshott, while Bob Katter came out for Tony Abbott, the Liberal leader who hoped to lead a conservative coalition.

This gave Gillard the support of 76 MPs, which will allow her to form a minority government and give Labor a second three-year term. Seventy-four MPs now back the opposition.

The closely contested 21 August federal elections failed to give any party a majority for the first time since 1940.

Gillard, who was born in Wales, became Australia’s first female prime minister in June when Labor overthrew Kevin Rudd, who had lost the support of his party.

Last week, another independent, Andrew Wilkie came out for Labor. He had negotiated separately from the three MPs from rural areas who announced their support today. Gillard signed a deal with the Greens on climate change policy in exchange for their support.

Read moreLabor’s Julia Gillard To Form Minority Freemason Government In Australia

Overdose – The Next Financial Crisis (Documentary)

Just in case you still haven’t watched this:

George Carlin: The American Dream


1 of 3:

2 of 3:

3 of 3:

An ABC – Four Corners documentary about the coming economic crisis, featuring Gerald Celente and Peter Schiff. Original air date: 23rd August, 2010.

See also:

– Prof. Nouriel Roubini: No Defence Left Against Double-Dip Recession

American Deaths In Afghanistan Surpass Highest Annual Record

US: Record 1 in 6 Americans in Government Anti-Poverty Programs

California Delays $2.9 Billion School, County Payments In September Amid Budget Impasse

US Home Sales in July: Record Drop Of 27 Percent, The Largest Monthly Drop On Record

US Cities Sell Parking, Airports, Zoo To Help Closing Budget Gaps

Nearly 50 Percent leave Obama Mortgage-Relief Program

The No.1 Trend Forecaster Gerald Celente: And Now We’re Headed For The GREATEST Depression

US: Jobless Claims Jump to Highest Level Since November

US: Bankruptcies Reach Nearly 5-Year High

US Cities Face Up To MASSIVE Cuts

Why the US is as busted as a busted flush – IMF analysis suggests the US is fiscally bankrupt

John Williams: ‘Times That Try Our Souls’ (U.S. Bankruptcy – Hyperinflation – Great Depression), Preparedness Can Save Your Life:

The government is effectively bankrupt. Using GAAP accounting principles, the annual deficit is running in the range of $4 trillion to $5 trillion. That’s beyond containment. The government can’t cover it with taxes. They’d still be in deficit if they took 100% of personal income and corporate profits. They’d also still be in deficit if they cut every penny of government spending except for Social Security and Medicare. Washington lacks the will to slash its social programs severely, to change its approach to ever bigger government. The only option left going forward is for the government eventually to print the money for the obligations it cannot otherwise cover, which sets up a hyperinflation.

Former Head of The Army General Sir Richard Dannatt: How Tony Blair and Gordon Brown Betrayed Our Troops

Flashback:

Former SAS Comander: Afghan operation is ‘worthless’:

And, addressing the use of Snatch Land Rovers, which he deemed to be unsafe and prompted his decision to stand down, he said: “I had to resign.

“I had warned (the MoD) time and time again that there were going to be needless deaths if we were not given the right equipment, and they ignored this advice. There is blood on their hands.

“There was no other vehicle to use. The simple truth is that the protection on these vehicles is inadequate and this led to the unnecessary deaths.”


The former head of the Army accuses Tony Blair and Gordon Brown of badly letting down the Armed Forces during the wars in Iraq and Afghanistan.

In a damning verdict, General Sir Richard Dannatt accuses Mr Brown of being a “malign” influence by failing to honour guarantees on defence spending during his time at the Treasury, and charges Mr Blair with lacking “moral courage” for failing to overrule his chancellor.

Gen Dannatt’s book, Leading from the Front, which begins its serialisation in The Sunday Telegraph today, is the first major public critique of the Blair/Brown administration by a senior outside figure who served under both men. He was Chief of the General Staff from 2006-09.

He describes his efforts to persuade Mr Blair and Mr Brown that the Army – fighting in both Iraq and Afghanistan and suffering heavy casualties – was facing almost unbearable pressures as “pushing a rock up a steep hill almost all the way through”.

His book is further evidence of the cripplingly dysfunctional nature of the relationship between Mr Blair and Mr Brown, which Mr Blair spelt out in his own memoir, A Journey, published this week.

The general also reveals in his book and in interviews for this newspaper that:

-By early 2009, at a time when the Army was suffering a punishing casualty rate in Afghanistan, he had not had a face-to-face meeting with Mr Brown for six months. Eventually he was forced to “ambush” the prime minister during a chance meeting in Horse Guards Parade to get his concerns across;

-The 1997-98 Strategic Defence Review (SDR), which set out a “good framework” for future defence policy, could not cope with troops being committed to Iraq and Afghanistan at the same time and was “fatally flawed” through being underfunded;

-The intelligence about weapons of mass destruction in Iraq under Saddam Hussein, cited as the main reason for Britain joining the United States in the 2003 war, was “most uncompelling”. Planning for the aftermath of the conflict was, he said, an “abject failure”.

Gen Dannatt reserves his strongest criticism for Labour’s two prime ministers, accusing them of letting down the troops they sent to Iraq and Afghanistan.

He writes in his book: “History will pass judgment on these foreign adventures in due course, but in my view Gordon Brown’s malign intervention, when chancellor, on the SDR by refusing to fund what his own government had agreed, fatally flawed the en tire process from the outset.

“The seeds were sown for some of the impossible operational pressures to come.”

Mr Blair “lacked the moral courage to impose his will on his own chancellor”.

The general also admits he was “bemused” by Mr Brown’s decision to write his book, Wartime Courage, about the generation that suffered so much in winning the Second World War. He adds: “I am still not sure whether he ever realised that by denying the proper funding of his own government’s declared policy, he was condemning more young men and women to the same sacrifices he railed against in a previous generation.”

Asked why he thought Mr Blair did not overrule Mr Brown, he replied: “To me it seems extraordinary that the prime minister, the No 1 guy, cannot crack the whip sufficiently to his very close friend apparently, his next door neighbour, the chancellor.

“In the war Cabinet that Margaret Thatcher put together in 1982 [during the Falklands conflict] there was no one from the Treasury. It’s tough to criticise lack of moral courage, but moral courage is what you need. Physical courage is a wonderful thing, but moral courage is actually doing the right thing at the right time.”

Gen Dannatt warns the Coalition that carrying on with the current rate of casualties in Afghanistan – where more than 100 servicemen were killed last year – would be unacceptable. “We’ve got to have cracked it by 2014, 2015,” he said.

By Patrick Hennessy and Melissa Kite
Published: 10:00PM BST 04 Sep 2010

Source: The Telegraph

More on the war on terror:

American Deaths In Afghanistan Surpass Highest Annual Record

US Colonel Lawrence Sellin Sacked After Afghan Rant

Al Qaeda Doesn’t Exist or How The US Created Al Qaeda (Documentary)

575 American Soldiers Have Died In Afghanistan During Barack Obama’s Presidency, The Same Number As During George Bush’s Entire Time In Office

Afghanistan Discovers 1.8 Billion Barrel Oilfield

US Afghan War: Unsustainable, Un-Winnable

President Obama Kills 66 More US Soldiers in July

Afghanistan War Logs: US Marines Sanitised Record of Bloodbath

‘Sangingrad’ Troop Withdrawal: Four Years In Hell, And Taliban Remain Undefeated

Audit: US Can’t Account For $8.7 Billion In Iraqi Cash

U.S. War Crimes: Cancer rate in Fallujah worse than Hiroshima

Gordon Brown On Saddam Hussein: ‘This New World Order That We Were Trying To Create Was Being Put At Risk’

Iraq inquiry: UK Government lied, ‘intentionally and substantially’ exaggerated WMD threat

U.S. To Buy Russian M-17 Helicopters For Afghan Air Force

The Truth About Afghanistan: ‘We’re f***ing losing this thing.’

Sacked General Stanley McChrystal created special forces military command centre ‘Death Star’ with ‘Kill TV’, led secret war raids

General Stanley McChrystal Recalled To Washington Over Rolling Stone Article

US ‘Discovers’ Vast Mineral Riches Worth Nearly $1 Trillion In Afghanistan

US ’secret war’ expands globally as Special Operations forces are deployed in 75 countries

German President Horst Köhler had to resign for telling the truth (!)

Afghans Are Convinced That The US Is Funding The Taliban

Taliban get £1,600 bounty for each Nato soldier killed

Taliban attack biggest NATO base in Afghanistan

President Obama Wins The Right to Detain People With No Habeas Review

Law Prof. David Glazier: CIA Drone Pilots Could Be Tried for ‘War Crimes’

German troops in Afghanistan call on Angela Merkel to explain why they are at war

Rioters vent fury at US after Nato troops kill Afghan civilians on bus

WikiLeaks Release: Classified US Military Video Depicts The Indiscriminate Slaying of Over a Dozen People in Iraq – Incl. Two Reuters News Staff

WikiLeaks Plans to Post Video Showing US Massacre of Afghani Civilians

Bush, Cheney and Rumsfeld ‘Knew Guantánamo Prisoners Were Innocent’

Obama Administration Approves Targeted Killing of American Cleric

WikiLeaks Release: Classified US Military Video Depicts The Indiscriminate Slaying of Over a Dozen People in Iraq – Incl. Two Reuters News Staff

US special forces soldiers dug bullets out of their victims’ bodies in the bloody aftermath of a botched night raid, then washed the wounds with alcohol before lying to their superiors about what happened

John Pilger: Have a Nice World War III, Folks

US shipping hundreds of powerful bunker buster bombs for coming attack on Iran

Secret Pentagon Spy Network Hired To ‘Track And Kill’

Rep. Ron Paul: Five Minute Speech in Support of Rep. Kucinich’s Afghanistan Resolution

US Drone Strikes in Pakistan: 1 in 3 Killed Are Civilians

US officials puzzle over millions of dollars in cash, well over $1 billion a year, leaving Afghanistan by plane for Dubai

Blackwater Guards Stole Hundreds Of Weapons In Kabul And Went On Deadly Rampage

Judge Napolitano and Angela Keaton on Freedom Watch: Obama’s Bush Foreign Policy

Cynthia McKinney at Munich Germany NATO Peace Rally: ‘My Country Has Been Hijacked By A Criminal Cabal’

The New Vision of the Obama Administration: War Without End

International Fund to Buy Off Taliban Leaders in Afghanistan Will Cost Hundreds of Millions

Ron Paul: US Foreign Policy is Bankrupting America

Pentagon backtracks after Defense Secretary Robert Gates ‘admits’ Blackwater operating in Pakistan

US Military Weapons Inscribed With Secret ‘Jesus’ Bible Codes (ABC News Investigation)

US Marine Commander: Afghan surge troops won’t target drug crops

Nobel Peace Laureate Obama seeks additional $33 billion for wars, on top of a record request for $708 billion for the Defense Department

Top US intelligence officer: ‘Afghan Insurgency Can Sustain Itself Indefinitely’ and ‘Time Is Running Out’

Afghanistan: Suicide bomber ‘kills four CIA agents’ after attacking CIA base, at least 8 Americans killed

Afghan CIA suicide bomber ‘was courted as potential informant’

857 US Soldiers Died in Afghanistan Region Since 2001

Obama’s surge comes at a cost: At least $57,077.60 per minute

Nato appeals to Russia for more help with the war in Afghanistan

US Forces Chief Admiral Mike Mullen Warns of More Fighting And Casualties in Afghanistan

Robert Fisk, The Independent’s award-winning Middle East correspondent: Obama is a Disaster, Worse than Bush

Rep. Dennis Kucinich: ‘These Wars Are Corrupting The Heart Of Our Nation!’

Rep. Dennis Kucinich: The Truth About Afghanistan

Obama administration tells Pakistan: Tackle Taliban or we will

Dennis Kucinich: ‘The war in Afghanistan is a threat to our national security’; ‘America is in the fight of its life and that fight is not in Afghanistan – it’s here’

Dennis Kucinich: Afghans ‘don’t want to be saved by us, they want to be saved from us.’

MSNBC Rachel Maddow: War President Obama

Ron Paul: ‘Obama is Actually Preparing Us For Perpetual War’

Afghanistan Surge to Cost At Least $40 Billion, That Is $1.333.333 For One US Soldier Per Year

President Obama ‘to deploy 30,000 troops to Afghanistan’

Obama: ‘I will promise you this, that if we have not gotten our troops out by the time I am President, it is the first thing I will do. I will get our troops home. We will bring an end to this war. You can take that to the bank.’ (!)

CIA Secret ‘Torture’ Prison Found at Fancy Horseback Riding Academy Outside Vilnius, Lithuania

British military forces told to ‘bribe’ the Taliban with ‘bags of gold’

Afghanistan: New 67-Million-Dollar US Prison At Bagram

The ‘Obama Market’ in Kabul: US Military Rations, Sleeping Bags, Tactical Goggles on Sale

Paul Craig Roberts: Republic of Fools & The Evil Empire

Rep. Eric Massa on Afghanistan: 2950 Days, 300 Billion Dollars, 911 Dead Americans – End the War, Bring back the Troops

Former UK ambassador: CIA sent people to Uzbekistan for extreme torture, to be ‘raped with broken bottles,’ ‘boiled alive’ and ‘having their children tortured in front of them’ (Must-read):

Murray asserts that the primary motivation for US and British military involvement in central Asia has to do with large natural gas deposits in Turkmenistan and Uzbekistan. As evidence, he points to the plans to build a natural gas pipeline through Afghanistan that would allow Western oil companies to avoid Russia and Iran when transporting natural gas out of the region.

Murray alleged that in the late 1990s the Uzbek ambassador to the US met with then-Texas Governor George W. Bush to discuss a pipeline for the region, and out of that meeting came agreements that would see Texas-based Enron gain the rights to Uzbekistan’s natural gas deposits, while oil company Unocal worked on developing the Trans-Afghanistan pipeline.

“The consultant who was organizing this for Unocal was a certain Mr. Karzai, who is now president of Afghanistan,” Murray noted.

“There are designs of this pipeline, and if you look at the deployment of US forces in Afghanistan, as against other NATO country forces in Afghanistan, you’ll see that undoubtedly the US forces are positioned to guard the pipeline route. It’s what it’s about. It’s about money, it’s about oil, it’s not about democracy.”

US official resigns over Afghan war: Foreign Service officer and former Marine captain says he no longer knows why his nation is fighting:

“I have lost understanding of and confidence in the strategic purposes of the United States’ presence in Afghanistan,” he wrote Sept. 10 in a four-page letter to the department’s head of personnel. “I have doubts and reservations about our current strategy and planned future strategy, but my resignation is based not upon how we are pursuing this war, but why and to what end.”

Three US helicopters crash in Afghanistan, 14 Americans killed

Morale dips for American marines in Afghanistan:

“I’m not much for this war. I’m not sure it’s worth all those lives lost,” said Sergeant Christian Richardson as we walked across corn fields that will soon be ploughed up to plant a spring crop of opium poppy.

Afghanistan opium production reaches 6,900 tons:

Opium production rate has soared to 6,900 tons in Afghanistan in the past 10 years ‘despite‘ the presence of 100,000 foreign troops in the country for nearly eight years.

A report by the UN Office on Drugs and Crime said on Wednesday that Afghanistan produces 92 percent of the world’s opium that has devastating global consequences.

The UN report also noted that Afghanistan’s illegal opium production is worth 65 billion dollars.

The heroin and opium market feeds 15 million addicts, with Europe, Russia and Iran consuming half the supply, UNODC reported.

Ron Paul: ‘The more troops we send the worse things get!’

Ron Paul On The US Afghanistan War Policy

Italians bribed the Taleban all over Afghanistan, say two senior Afghan officials

Pentagon spends $400 per gallon of gas in Afghanistan

I was ordered to cover up President Karzai election fraud, sacked UN envoy says

President Obama quietly deploying 13,000 more US troops to Afghanistan

Congressman Alan Grayson on Afghanistan

Ten more US soldiers killed in Afghanistan

Leaked Report: US Top Commander In Afghanistan Calls For More Troops Or War ‘Will Likely Result In Failure’

‘We’re pinned down:’ 4 US Marines die in Afghan ambush

Top US commander in Afghanistan: The Taliban have gained the upper hand:

The Taliban have gained the upper hand in Afghanistan, the top American commander there said, forcing the U.S. to change its strategy in the eight-year-old conflict by increasing the number of troops in heavily populated areas like the volatile southern city of Kandahar, the insurgency’s spiritual home. Gen. Stanley McChrystal warned that means U.S. casualties, already running at record levels, will remain high for months to come.

(Source: The Wall Street Journal)

General Sir David Richards: Afghanistan will take 30 to 40 years

Former SAS Comander: Afghan operation is ‘worthless’

US soldier in opium field

soldier-opium-field-afghanistan

soldier-afghanistan

AFGHANISTAN-OPIUM

Second Super-Fast Flip Of Earth’s Magnetic Poles Found

Second super-fast flip of Earth’s poles found

magnetic-pole-shift
On the flip, in record time (Image: G.Glatzmaier/Los Alamos National Laboratory/P.Roberts/UCLA/SPL)

SOME 16 million years ago, north became south in a matter of years. Such fast flips are impossible, according to models of the Earth’s core, but this is now the second time that evidence has been found.

The magnetic poles swap every 300,000 years, a process that normally takes up to 5000 years. In 1995 an ancient lava flow with an unusual magnetic pattern was discovered in Oregon. It suggested that the field at the time was moving by 6 degrees a day – at least 10,000 times faster than usual. “Not many people believed it,” says Scott Bogue of Occidental College in Los Angeles.

Now Bogue and his colleague Jonathan Glen of the United States Geological Survey in Menlo Park, California, say they have found a second example in Nevada. The lava rock suggests that in one year, Earth’s magnetic field shifted by 53 degrees (Geophysical Research Letters, DOI: 10.1029/2010GL044286). At that rate, a full flip would take less than four years, but there could be another interpretation. “It may have been a burst of rapid acceleration that punctuated the steady movement of the field,” says Bogue.

Read moreSecond Super-Fast Flip Of Earth’s Magnetic Poles Found

Web Of Blackwater (Xe) Companies Revealed

blackwater-now-xe

Blackwater Worldwide created a web of more than 30 shell companies or subsidiaries in part to obtain millions of dollars in American government contracts after the security company came under intense criticism for reckless conduct in Iraq, according to Congressional investigators and former Blackwater officials.

While it is not clear how many of those businesses won contracts, at least three had deals with the United States military or the Central Intelligence Agency, according to former government and company officials. Since 2001, the intelligence agency has awarded up to $600 million in classified contracts to Blackwater and its affiliates, according to a United States government official.

The Senate Armed Services Committee this week released a chart that identified 31 affiliates of Blackwater, now known as Xe Services. The network was disclosed as part of a committee’s investigation into government contracting. The investigation revealed the lengths to which Blackwater went to continue winning contracts after Blackwater guards killed 17 Iraqi civilians in Baghdad in September 2007. That episode and other reports of abuses led to criminal and Congressional investigations, and cost the company its lucrative security contract with the State Department in Iraq.

Read moreWeb Of Blackwater (Xe) Companies Revealed

Prof. Nouriel Roubini: No Defence Left Against Double-Dip Recession

Just that there never was a defense. This entire financial crisis has been engineered.

This will also not be a double-dip recession, but the Greatest Depression ever.


The United States, Japan and large parts of Europe have exhausted their policy arsenal, leaving them defenceless against a double-dip recession as recovery slows to ‘stall speed’.

Nouriel Roubini said the US growth rate was likely to fall below 1pc in the second half of the year
Nouriel Roubini said the US growth rate was likely to fall below 1pc in the second half of the year Photo: BLOOMBERG

“The US has run out of bullets,” said Nouriel Roubini, professor at New York University, and one of a caste of luminaries with grim forecasts at the annual Ambrosetti conference on Lake Como.

“More quantitative easing (bond purchases) by the Federal Reserve is not going to make any difference. Treasury yields are already down to 2.5pc yet credit spreads are widening again. Monetary policy can boost liquidity but it can’t deal with solvency problems,” he told Europe’s policy elite.

Dr Roubini said the US growth rate was likely to fall below 1pc in the second half of the year, despite the biggest stimulus in history: a cut in interest rates from 5pc to zero, a budget deficit of 10pc of GDP, and $3 trillion to shore up the financial system.

The anaemic pace compares with rates of 4pc-6pc at this stage of recovery in normal post-war recoveries.

Read moreProf. Nouriel Roubini: No Defence Left Against Double-Dip Recession

New Zealand Earthquake Causes New 3.5M-Wide Fault Line in Earth’s Surface, Christchurch Under Curfew, State Of Emergency Declared

* At least 500 buildings destroyed after quake
* Water and supplies starting to return to city
* Earthquake rips open new faultline

new-zealand-earthquake-2010_01
A man walks over a damaged road in Paiapoi, 20 kilometres south of Christchurch following the weekend’s devastating earthquake / AP

new-zealand-earthquake-2010_02
The powerful 7.1-magnitude earthquake smashed buildings, cracked roads and twisted rail lines around the city / AP

new-zealand-earthquake-2010_03

THE powerful earthquake that smashed buildings, cracked roads and twisted rail lines in Christchurch also ripped a new 3.5m-wide fault line in the Earth’s surface.

At least 500 buildings were destroyed in the 7.1-magnitude quake that struck New Zealand at 4.35am on Saturday near the South Island city of about 400,000 people.

The earthquake cut power across the region, roads were blocked by debris, and gas and water supplies were disrupted.

Christchurch Mayor Bob Parker yesterday said power had been restored to 90 per cent of the city and water supply had resumed for all but 15 to 20 per cent of residents.

Read moreNew Zealand Earthquake Causes New 3.5M-Wide Fault Line in Earth’s Surface, Christchurch Under Curfew, State Of Emergency Declared

Guatemala Floods: President Alvaro Colom Declares State of Emergency


Added: 4. September 2010

Related article: Heavy rains devastate Guatemala (BBC News)


Guatemala floods leave 20 dead, emergency declared

state-of-emergency-in-guatemala
A bus was caught in a landslide killing at least ten people near central Chimaltenango city

GUATEMALA CITY — At least 20 people were killed in Guatemala in landslides triggered by weeks of driving rains, according to figures released by national emergency and rescue services.

President Alvaro Colom has declared a national emergency in the wake of the disaster.

“Top priority at present is dealing with this emergency. There are no funds left to deal with earlier disasters like the one caused by tropical storm Agatha,” in late May, Colom told reporters after a surveying tour of the country Saturday

He said damage estimates across Guatemala after weeks of rain stood at 350-500 million dollars, or 40 percent of the damage wrought by Agatha, which killed 183 people in Central America, including 165 in Guatemala earlier this year, and left thousands homeless.

The latest rains have triggered several dozen landslides around the country.

One swept away a bus on a road near central Chimaltenango city killing at least 10 people and injuring 20.

The other killed four people inside a house in western Quetzaltenango.

Read moreGuatemala Floods: President Alvaro Colom Declares State of Emergency

3 Babies Die Within Hours After They Were Vaccinated

See also:

First batch of untested (!) flu vaccines approved by the FDA causes seizures in children

3 Dutch babies die after pneumococcal vaccine, Dutch authorities pull Pfizer’s Prevenar batch

Shocking H1N1 Swine Flu Vaccine Miscarriage Stories From Pregnant Women

Boy developed Guillain-Barre syndrome within hours after swine flu vaccination, but CDC says no clear link

More shocking information on vaccines at the end of the article.


vaccine

BANGLADESH – Three babies died within hours after they were vaccinated against measles under Expanded Programme of Immunisation (EPI) at Kalikapur Community Health Clinic of Guabaria union in the district’s Hizla upazila early yesterday.

The victims were identified as Toma, daughter of Profulla Dhali; Tisha, daughter of Pancham Kolu; and Pranto, son of Anil Kolu.

Pancham Kolu said health assistant Taslima, who is in charge of the clinic, vaccinated the infants Wednesday afternoon. She pushed the doses from a broken ampoule over the objection of the mothers of the babies, he alleged.

Later at home, the mothers found the babies drowsing. Soon, the ten-month-olds went into convulsion and started vomiting and suffering from diarrhoea.

The mothers rushed the ailing three to Hizla Upazila Health Complex where the infants were given initial treatment. Around 2:30am yesterday, Toma breathed her last.

Pranto and Tisha were referred to Barisal Sher-e-Bangla Medical College and Hospital after their condition deteriorated but both died on the way to the hospital, said their mothers.

Upazila Health Officer Shuvangkar Baroi admitted that the three died after taking EPI vaccines.

Read more3 Babies Die Within Hours After They Were Vaccinated

Top German Economist: EU Austerity Policies Risk Civil War In Greece

Greece should have defaulted on its debt and have the banksters and stupid investors eat the losses.

Instead the people in Greece and the EU will be presented with the bill of this crisis, that was created by corrupt elite criminals.

Former Bundesbank Head Karl Otto Pöhl: Bailout Plan Is All About ‘Rescuing Banks and Rich Greeks’

The people of Greece know this:

Max Keiser on Greece: ‘The IMF is a Financial Mafia’:

“The only solution for Greece is to arrest the Goldman Sachs bankers immediately and all those involved in the fabrication of Greek economic data in 2000, when you became a member of the eurozone. The next step is to nationalize all banks like Sweden did in 1993. The International Monetary Fund is that last thing you need. You will lose your sovereignty. It exercises terrorism. You will be raped in such a way, that it will be the worst pain you have ever felt.

If someone burns down your house in order to sell you charcoal, would you consider this logical? That is exactly what Goldman Sachs did to the Greek economy. They burned you down like arsonists and then they tell you not to worry they’ll give you charcoal. It’s outrageous. The IMF has said that it can provide Greece with help. The Wall Street investment hedge funds are attacking Greece’s bond market so that the Greek economy collapses. And they’re doing this for a simple reason; to force the Greek people to ask for help from the IMF. The IMF will say, we came because you asked for our help. Wall Street bankers work very closely with the IMF. It’s a financial mafia and the hedge funds are the assassins. Research conducted on Goldman Sachs in the USA and in Europe show how big a mafia it is. They are involved in illegal activity throughout the world.

The entire bailout was totally unconstitutional.


Greece’s austerity measures cannot prevent default and will lead to a breakdown of the political order if continued for long, a leading German economist has warned.

EU austerity polices risk civil war in Greece, warns top German economist Dr Sinn
Hans-Werner Sinn, head of Germany’s prestigious IFO Institute, said it was impossible to cut wages and prices by 30pc without major riots. Photo: EPA

“This tragedy does not have a solution,” said Hans-Werner Sinn, head of the prestigious IFO Institute in Munich.

“The policy of forced ‘internal devaluation’, deflation, and depression could risk driving Greece to the edge of a civil war. It is impossible to cut wages and prices by 30pc without major riots,” he said, speaking at the elite European House Ambrosetti forum at Lake Como.

“Greece would have been bankrupt without the rescue measures. All the alternatives are terrible but the least terrible is for the country to get out of the eurozone, even if this kills the Greek banks,” he said.

Dr Sinn said Greece is an entirely different case from Spain and Portugal, which still have manageable public debts and can bring their public finances back into line with higher taxes.

“Greece would have defaulted in the period between April 28 and May 7, had the money not been promised by the European Union,” he said, describing the failure of the EU’s bail-out strategy to include a haircut for the banks as an invitation to moral hazard.

“There should be a quasi-insolvency procedure for countries. Creditors have to accept a haircut before any money flows for rescue plans, otherwise we’ll never have debt discipline in the eurozone,” he said.

Read moreTop German Economist: EU Austerity Policies Risk Civil War In Greece

And Now: Mandatory Flu Shot Pushed For Healthcare Workers (With Unemployment As Only Alternative)

This years seasonal flu vaccine will be mixed with the left over swine flu vaccine.

I am not joking.

Healthcare workers refuse to get these flu shots, because they know what’s in it:

Dr. Rima E. Laibow: The Globalist Depopulation Agenda

– Dr. Russell Blaylock:

“No one should take the swine flu vaccine–it is one of the most dangerous vaccines ever devised. It contains an immune adjuvant called squalene (MF-59) which has been shown to cause severe autoimmune disorders such as MS, rheumatoid arthritis and Lupus. This is the vaccine adjuvant that is strongly linked to the Gulf War syndrome, which killed over 10,000 soldiers and caused a 200% increase in the fatal disease ALS (Lou Gehreg disease). This virus H1N1 kills by causing a “cytokine storm”, which means that it cause the body’s immune system to overreact and that is why it is killing young people and is a mild disease in the elderly. (The elderly have weakened immune systems.) This vaccine is a very powerful immune stimulator and carries the real possibility of making the lethality of the virus much greater.

Doctor, cited on FOX News as expert on infectious diseases, would not give highly toxic swine flu vaccine to his children:

Doctor: “I have more concern about the vaccine than I do about the swine flu.”
‘Vaccine has 25,000 times the level of mercury then would be considered toxic if it was food or water.’

Squalene: The Swine Flu Vaccine’s Dirty Little Secret Exposed

Dr. Gary Null Speaking Out at the NYS Assembly Hearing on Vaccinations, Fraud, Junk Science, Crimes Against Humanity and Profit

Nanoparticles used in untested swine flu vaccinees

Dr. Leonard Horowitz: The CDC’s Vaccination Genocide

Former Assistant Secretary of Housing: ‘I believe one of the goals of the swine flu vaccine is depopulation’

More shocking information on vaccines at the end of the article.


Healthcare workers should get a flu shot or lose their jobs, two health groups say

51745883TB001_Senior_Citize

The swine-flu scare of 2009 turned a spotlight on a controversial issue: Should healthcare workers be required to have an annual flu vaccine? Most studies suggest that healthcare workers should be vaccinated to help stop the spread of flu. But surveys show a sizable portion of people who work in hospitals, clinics and doctor’s offices don’t want to get an annual flu shot. According to a Rand Corp. survey issued last year, 39% of healthcare professionals said they would not get a flu vaccine, even with the threat of pandemic flu.

A policy paper published Tuesday says healthcare workers are ethically obligated to get a flu vaccine. The paper was written by representatives of the Society for Healthcare Epidemiology and is endorsed by the Infectious Diseases Society of America.

Agreeing to an annual flu shot should be a condition of initial and continued employment in healthcare facilities, the authors said. Exceptions should be permitted only in cases where a flu vaccine is not recommended for medical reasons.
The reasons for the heavy-handed approach are multiple, the authors state. Voluntary vaccination has not worked to increase the proportion of workers who are immunized. Moreover, studies show the spread of flu is reduced when all of the workers in a health facility are vaccinated. Death rates from complications of flu also decrease. Finally, mandatory vaccination will mean that a sufficient number of healthy workers will be available during disease outbreaks.

Read moreAnd Now: Mandatory Flu Shot Pushed For Healthcare Workers (With Unemployment As Only Alternative)

Pentagon Declined To Investigate Hundreds Of Purchases Of Child Pornography

Related article:

Several Dozen Pentagon Workers Used Their High-Level Security Clearances To Purchase And Download Child Pornography

Criminals!


030926-F-2828D-089

A 2006 Immigration and Customs Enforcement investigation into the purchase of child pornography online turned up more than 250 civilian and military employees of the Defense Department — including some with the highest available security clearance — who  used credit cards or PayPal to purchase images of children in sexual situations. But the Pentagon investigated only a handful of the cases, Defense Department records show.

The cases turned up during a 2006 ICE inquiry, called Project Flicker, which targeted overseas processing of child-porn payments. As part of the probe, ICE investigators gained access to the names and credit card information of more than 5,000 Americans who had subscribed to websites offering images of child pornography. Many of those individuals provided military email addresses or physical addresses with Army or fleet ZIP codes when they purchased the subscriptions.

In a related inquiry, the Pentagon’s Defense Criminal Investigative Service (DCIS) cross-checked the ICE list against military databases to come up with a list of Defense employees and contractors who appeared to be guilty of purchasing child  pornography. The names included staffers for the secretary of defense, contractors for the ultra-secretive National Security Agency, and a program manager at the Defense Advanced Research Projects Agency. But the DCIS opened investigations into only 20 percent of the individuals identified, and succeeded in prosecuting just a handful.

The Boston Globe first reported the Pentagon’s role in Project Flicker in July, citing DCIS investigative reports (PDF) showing that at least 30 Defense Department employees were investigated.

But new Project Flicker investigative reports obtained by The Upshot through the Freedom of Information Act, which you can read here, show that DCIS investigators identified 264 Defense employees or contractors who had purchased child pornography online. Astonishingly, nine of those had “Top Secret Sensitive Compartmentalized Information” security clearances, meaning they had access to the nation’s most sensitive secrets. All told, 76 of the individuals had Secret or higher clearances. But DCIS investigated only 52 of the suspects, and just 10 were ever charged with viewing or purchasing child pornography. Without greater public disclosure of how these cases wound down, it’s impossible to know how or whether any of the names listed in the Project Flicker papers came in for additional scrutiny. It’s conceivable that some of them were picked up by local law enforcement, but it seems likely that most of the people flagged by the investigation did not have their military careers disrupted in the context of the DCIS inquiry.

pentagon-declined-to-investigate-hundreds-of-purchases-of-child-pornography_01pentagon-declined-to-investigate-hundreds-of-purchases-of-child-pornography_02

Among those charged were Gary Douglass Grant, a captain in the Army Reserves and a judge advocate general, or military prosecutor. After investigators executing a search warrant found child pornography on his computer, he pleaded guilty last year to state charges of possession of obscene matter of a minor in a sexual act in California. Others included contractors for the NSA with Top Secret clearances; one of them — a former contractor — fled the country after being indicted and is believed to be in Libya.

Read morePentagon Declined To Investigate Hundreds Of Purchases Of Child Pornography

Arizona Sheriff Joe Arpaio Being Sued By Federal Government

Related information:

Arizona Sheriff Joe Arpaio Responds to Federal Government Suit

Arizona Sheriff Paul Babeu: ‘Mexican Drug Cartels Literally Do Control Parts Of Arizona’

Mexican Drug Cartel Puts $1 Million Bounty On Arizona Sheriff Joe Arpaio’s Head

Arizona Sheriff Paul Babeu: ‘Our Own Government Has Become Our Enemy’


An Arizona sheriff is being sued by the US Justice Department after refusing to hand over records for a year into an investigation into allegations his department discriminates against Hispanics.

sheriff-joe-arpaio
Maricopa County Sheriff Joe Arpaio Photo: AFP/GETTY

The lawsuit claims that they have been trying since March last year to get Sheriff Joe Arpaio and officials to comply with its investigation of alleged discrimination and unconstitutional searches and seizures.

Sheriff Arpaio called the actions harassment, adding that his office will not hand over additional documents because the federal authorities have not said exactly what they are investigation.

“They have hundreds of thousands of reports, hundreds of thousands,” he said. “They’re so broad, we’re trying to narrow it down. We’re trying to work with them.”

The lawsuit is the latest action against Arizona by the federal government, which earlier sued the state to stop its strict new immigration law that requires police officers to question people about their immigration status if there is reason to suspect they are in the country illegally.

“The actions of the sheriff’s office are unprecedented,” said Thomas Perez, assistant attorney general for the department’s civil rights division. “It is unfortunate that the department was forced to resort to litigation to gain access to public documents and facilities.”

Read moreArizona Sheriff Joe Arpaio Being Sued By Federal Government

Global Food Shortage Fears As Russia Extends Wheat Export Ban

Yes, the elite will stage a global food crisis, which is why I have told you to prepare for it a long time ago.


Vladimir Putin has announced Russia will not lift a ban on grain exports before next year’s harvest, extending the embargo for another year, sparking fears over a global food shortage.

global-food-shortage-fears-as-russia-extends-wheat-ban
A combine harvests on a field in a village 50km south of Moscow. The drought in Russia has led to rising world grain prices Photo: GETTY

The Russian prime minister said that it was “necessary to note that we will only be able to consider lifting the grain export ban after next year’s harvest … and we have clarity on the balances”.

His announcement came after deadly protests in Mozambique and the UN’s Food and Agriculture Organisation calling an emergency meeting to discuss the shortages.

The export ban is aimed at keeping the Russian domestic market well supplied with grain after Russia, which the world’s third largest wheat exporter last year when it sold 21.4 million tonnes of grain, after the country suffered a record drought which destroyed a quarter of its harvest.

Forest and brush fires flared up again on Thursday, killing two people and burning down more than 160 houses and buildings. Mr Putin is keen to avoid any signs of social unrest ahead of elections due in 2012.

The export ban from such a key global exporter sent wheat prices to 231.5 euros a tonne, just short of last month’s two-year high of 236 euros, sparking worries of a crisis in global food supplies.

A rise in the price of state-controlled food, water and electricity prices have sparked protests in Mozambique where seven people have been killed and hundreds left injured after clashes with police. The price of a loaf of bread is due to rise by 25 per cent on September 6.

The Rome-based FAO said that their emergency meeting was called due to “an enormous number” of inquiries over concerns “about a possible repeat of the 2007-08 food crisis”

Abdolreza Abbassian, of the FAO, said: “This is quite serious. Two years in a row without Russian exports creates quite a disturbance”.

Read moreGlobal Food Shortage Fears As Russia Extends Wheat Export Ban

US Veterans Get Ecstasy to Treat Their PTSD

Ecstasy destroys the liver and the brain!


vets-get-ecstasy-to-treat-their-ptsd

A pair of psychiatric experts think they’ve got the answer to the soaring number of troops coming back from war with PTSD: have them undergo intensive psychotherapy – while they’re rolling on ecstasy.

Dr. Michael Mithoefer and Anne Mithoefer, a psychiatric nurse, are the South Carolina pair who’ve been spearheading research into ecstasy, known clinically as MDMA, since 2000. After one successful study on 21 PTSD patients between 2004 and 2008, they’ve now received the final okay from FDA and DEA officials to start a study entirely devoted to former military service members.

“My sense is that, especially after we published the results of the first study, these institutions are more open to the idea,” Dr. Michael Mithoefer tells Danger Room. “Obviously, this is still new and experimental, and it can take time to get through to big institutions.”

With $500,000 in funding from MAPS (the Multidisciplinary Association for Psychedelic Studies), the two are recruiting 16 veterans – they’re hoping for a 50-50 split between men and women, and want most of the participants to have been diagnosed within the last 10 years.

“These will mostly be veterans from Iraq or Afghanistan, because longer duration of PTSD means more complicating factors,” Dr. Mithoefer says, adding that he does anticipate enrolling 4 vets from earlier wars and is still accepting applications.

Read moreUS Veterans Get Ecstasy to Treat Their PTSD

Peru: Amazon River Level At 40-Year Low

amazon-river-level-in-peru-at-40-year-low
Amazon shipyards have been left high and dry

The Amazon river has dropped to its lowest level in 40 years in north-eastern Peru, causing severe economic disruption in a region where it is the main transport route.

At least six large boats have been stranded near the port city of Iquitos.

The low water level is the result of a prolonged spell of dry weather, Peru’s national meteorological office said.

The river is expected to fall further before the rainy season begins next month.

Cut off

Iquitos and other towns in Peru’s rainforest region have no road links to the rest of the country, and depend on the Amazon and its tributaries for transport.

Read morePeru: Amazon River Level At 40-Year Low

Change: Obama Administration Forbids Sale of 850,000 Antique Rifles

obama-administration-forbids-sale-of-850000-antique-rifles
A photo of M1 Garands (National Park Service)

The South Korean government, in an effort to raise money for its military, wants to sell nearly a million antique M1 rifles that were used by U.S. soldiers in the Korean War to gun collectors in America.

The Obama administration approved the sale of the American-made rifles last year. But it reversed course and banned the sale in March – a decision that went largely unnoticed at the time but that is now sparking opposition from gun rights advocates.

A State Department spokesman said the administration’s decision was based on concerns that the guns could fall into the wrong hands.

“The transfer of such a large number of weapons — 87,310 M1 Garands and 770,160 M1 Carbines — could potentially be exploited by individuals seeking firearms for illicit purposes,” the spokesman told FoxNews.com.

“We are working closely with our Korean allies and the U.S. Army in exploring alternative options to dispose of these firearms.”

Gun control advocates praised the Obama administration for taking security seriously.

“Guns that can take high-capacity magazines are a threat to public safety,” said Dennis Henigan of the Brady Campaign to Prevent Gun Violence. “Even though they are old, these guns could deliver a great amount of firepower. So I think the Obama administration’s concerns are well-taken.”

But gun rights advocates point out that possessing M1 rifles is legal in the United States — M1s are semi-automatics, not machine guns, meaning the trigger has to be pulled every time a shot is fired — and anyone who would buy a gun from South Korea would have to go through the standard background check.

Read moreChange: Obama Administration Forbids Sale of 850,000 Antique Rifles

Daily Currency Trading Volume Hits Record $4 Trillion

Just wait for the currency markets meltdown!

Expect another ‘Problem – Reaction – Solution’ scenario created by the elite anytime soon.

Here is some background on the BIS (Bank for International Settlements):

BIS: Currency Collapse May Stimulate Economic Expansion (Bloomberg)

Remember?

President Medvedev Shows Off Sample Coin of New World Currency at G8 (Bloomberg)


Percentage share of the U.S. dollar has continued its (not so) slow decline

us-dollar


FRANKFURT (MarketWatch) — Daily turnover in the world’s foreign-exchange markets has soared to $4 trillion, the Bank for International Settlements said Wednesday.

In its survey, conducted every three years, the Basel, Switzerland-based BIS found that global turnover in April 2010 was up 20% from $3.3 trillion in April 2007.

Spot transactions led the rise, increasing to $1.5 trillion a day in 2010 from $1 trillion in 2007. Other forex instruments saw turnover rise 7%, for an average daily turnover of $2.5 trillion.

Britain retained its title as the top player in the forex market, with British-based banks accounting for 36.7% of daily turnover, up from 34.6% in 2007.

The United States followed with 18%, while Japan accounted for 6%. Rounding out the top players, Switzerland, Singapore and Hong Kong accounted for 5% each, while Australia-based banks accounted for 4%.

The percentage share of the U.S. dollar has continued its slow decline witnessed since the April 2001 survey, while the euro and the Japanese yen gained relative to April 2007.

Among the 10 most actively traded currencies, the Australian and Canadian dollars both increased market share, while the pound sterling and the Swiss franc lost ground. The market share of emerging-market currencies increased, with the biggest gains for the Turkish lira and the Korean won.

The U.S. dollar had a share in 85% of all transactions, continuing a “slow retreat” from its 90% peak in 2001 just after the introduction of the euro, the BIS said.

The euro gained two percentage points since the 2007 survey to account for 39% of all transactions. The Japanese yen also increased its market share by two percentage points to 19%, but remained below its 2001 peak of 23.5%.

Read moreDaily Currency Trading Volume Hits Record $4 Trillion