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Archive for June 5th, 2009

China explores buying $50bn in IMF bonds

Friday, June 5th, 2009

Flashback: $100 Billion Bailout For IMF Tagged On To War Funding Bill | Chinese economists deem huge holding of US bonds “risky” as Geithner visits | A Bigger, Bolder Role Is Imagined For the IMF | UK PM reveals G20 plan to boost IMF by $1 trillion, hails new world order (again) | World Bank President Admits Agenda For Global Government | UN & IMF Back Agenda For Global Financial Dictatorship | IMF may need to “print money”, act as “world’s central bank” as crisis spreads

Jamil Anderlini, Charles Clover, Financial Times
June 5, 2009

China is “actively considering” buying up to $50bn of International Monetary Fund bonds, the country’s State Administration of Foreign Exchange has said.

John Lipsky, IMF first deputy managing director, confirmed the Chinese proposal, which follows one by Russia to buy $10bn (€7.1bn, £6.2bn) in IMF bonds.

Friday’s statement by China said any investment would be made according to its usual criteria of “safety and reasonable returns”, but made no mention of Beijing’s wish for more power in IMF decision-making, in return for financial support.

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CSIS reviews security certificate cases in wake of criticism

Friday, June 5th, 2009

Not as though polygraph tests prove anything, but even so, this is ridiculous since CSIS claims to believe they do.

Flashback: Harkat lawyers accuse officials of conducting illegal raid | CSIS forced to ‘reveal’ info on secret source in Harkat case | Judge orders recall of CSIS witnesses in Harkat case for potential perjury, obstruction | Jordanian woman alleges beating by interrogator at Toronto airport | 3 B.C. men allege abuse by RCMP in 2008 raid | Family furious after police raid East Vancouver home | Family sues police claiming Taser raid on autistic son in own bedroom | Rapper Belly slams police raid on his home | Toronto artist seeks explanation for police raid | RCMP conducts random search and seizure on Canada Day | Youth Worker Subjected to Warrantless Raid on Secret Evidence | Homegrown intelligence gap | Canadians who trust our secret police should think again

Tonda MacCharles, Toronto Star
June 5, 2009

OTTAWA–Canada’s spy agency, CSIS, has ordered a wholesale review of all five security certificate cases after a Federal Court judge slammed the spooks for withholding lie detector results that cast doubt on a human source key to the effort to deport Mohamed Harkat.

In a scramble to restore its credibility in the face of a tougher line coming from the Federal Court on Harkat and several other national security cases, CSIS advised in a letter the mistake was “inexcusable.”

The agency says it is taking several steps to allay any doubts about the “integrity” of its evidence or its employees.

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