The two largest Chinese state-owned train makers CSR Corp and China CNR Corp are reportedly in merger talks that would create a new mega-company to compete in overseas markets with German, Canadian, and Japanese locomotive makers.
Details of the merger remain unclear, but a draft plan is in the works, both Bloomberg and Chinese media report, citing government officials. Together, the two companies have a market value of $26 billion.
A “major” announcement is expected within a week.
The merger would be aimed at reducing overseas competition between the two companies, which in turn should help them win more contracts and fulfill China’s hungry appetite to export transport hardware.
Posted onOctober 28, 2014bylucas2012infos|Comments Off on John Ward – LLOYDS Pass Stress Test But Get 0/10 For Ethics In £11Bn Insurance Scam…. – 28 October 2014
….as further holes appear in euro stress test
(Left: after a hard day spent defending the honour of Mme Néolibertine, Romeo Dragula collapses onto her bed, exhausted)
I suppose passing a stress test wouldn’t be that difficult if £11bn of your assets were the result of fraudulent insurance selling. But that’s what has been revealed as the bill Lloyds Bank now has to pay….so you’d think in that case, passing any stress test would be very hard indeed. Continue reading →
Comments Off on John Ward – LLOYDS Pass Stress Test But Get 0/10 For Ethics In £11Bn Insurance Scam…. – 28 October 2014
A new mass grave was uncovered in the same Mexican state as the one found after the September 26 disappearance of 43 students at a protest. The police were led to the site by four arrested gang members.
The news of a suspected fresh grave was shared with local press by a police official not authorized to share details of the new find.
Although Attorney General Jesus Murillo Karam announced Monday’s arrests at a press conference, news of the fresh mass grave hadn’t been made official.
Those arrested are thought to belong to the Guerreros Unidos – the gang connected to the initial disappearances and believed to have ties with the highest echelons of the police force.
An AP photographer and his Swiss colleague were hurt after Israeli border police fired a crowd control grenade at a group of journalists covering Palestinian protests in the West Bank.
The news agency’s Majdi Mohammed and Swiss freelance journalist Lazar Simeonov were injured during the Israeli forces’ suppression of protests, where they deployed rubber-coated bullets, stun grenades and tear gas.
The photographers were working in the West Bank town of Silwad, where Palestinians were protesting after the funeral of a 14-year-old boy, who was killed in an earlier clash with Israeli soldiers.
Mohammed told the Agency that as he was taking pictures, an armored car pulled up behind him and a border policeman stepped out and fired directly at him from a distance of 10 to 20 meters.
Channeled through Wes Annac, The Culture of Awareness, Oversoul Teachings
Everyone who’s discovered spirit and works to raise awareness of the spiritual nature of your existence is in an important position to start creating real and lasting change, and you’re all needed and important contributors to your ongoing conscious revolution.
Realizing your value and the importance of the things you’ve come to earth to do is essential to successfully doing them, and when you can empower yourselves and each other to start contributing to your conscious revolution in a real and pure way, you’ll accelerate your ascension timetable and help create a wealth of needed and important changes. Continue reading →
Comments Off on Wes Annac – Oversoul Teachings: You’re The Saviors – 28 October 2014
In this edition of “Questions For Corbett” James fields your queries on the importance of drills, the Pentagon’s missing trillions, Prescott Bush and the Union Banking Corporation, government-run human experiments and much more.
I like it when someone besides a few financial bloggers takes the gloves off and starts asking some hard-hitting questions.
In Cross Asset Research last week, Albert Edwards at Societe General did just that. Emphasis in italics is mine.Fragile and vulnerable in itself, the US recovery now battles against the rest of the world, which like a horror movie is dragging it down into a hellish Ice Age underworld. The problem is that at these stratospheric valuations, the market does not need to suffer an ACTUAL recession to see a crash. Like October 1987, just the fear of recession will be enough to trigger a massive market move. Continue reading →
Comments Off on Mish / Mike Shedlock – Central Banks And The Business Cycle – 28 October 2014
The chances that WikiLeaks’ co-founder Julian Assange might have had his legal battle with Sweden ended on Monday appear to have faded away, as the court is unwilling to drop the arrest warrant over sexual assault allegations.
The Swedish court was due to announce an official ruling on Assange’s appeal to drop his arrest warrant. It was issued after he failed to meet the Monday deadline to come to Sweden for questioning over rape accusations. While no news on the decision immediately emerged, the Chief Prosecutor’s Office told RT that its position hasn’t changed.
In response to Assange’s appeal earlier in September, the prosecution argued that “the purpose behind the remand into custody of Julian Assange in his absence is to prevent Julian Assange from absconding or avoiding criminal proceedings or punishments for named crimes.”