6/04/2021

Scams in India - So easy to make billions

https://www.zdnet.com/article/airtel-once-again-pinned-for-dragging-down-singtel-earnings/

An 'adverse' October ruling by the Supreme Court of India that has led to Indian telcos coughing up $13 billion in fees has wiped out the positive numbers from Singtel's second quarter earnings.

Singtel's Indian associate, Bharti Airtel, has allocated 2.9 billion rupees (SG$5.5 billion) for payments, which has translated to Singtel's earnings as a SG$1.93 billion pre-tax hit, and SG$1.4 billion post-tax.

This has left Singtel with a SG$668 million net loss for the second quarter to September 30, undoing increases in earnings before interest, tax, depreciation, and amortisation (EBITDA) and increases in associate revenue. 

What the heck is happening? It is so easy to scam a company in India to pay and pay, in the billions just by a simple court ruling.  By the time this scam is over, I wonder how much is left of Singtel's investment in India. Not forgetting other Singapore's investment, like DBS India  etc etc.

Now, is this a rule of law or lawlessness, or a scam?

It is so scary to think of the possibilities of what can happen in India.

Is anyone wiser?

There are many ways to skin a cat. It all depends on how willing or how stupid is the cat.

PS. The conversion rate is by the papers reporting this news. The conversion rate of 1 rupee is S$0.0181.  There is a 2 decimal place difference or 100 rupees = S$1.81.  2.9b rupees =S$52.6m.

If the US went to war with China, who would win? - James Stavridis, 16th Supreme Allied Commander of NATO

 

A great deal has been written about the possibility of a war between the U.S. and China. It tends to be measured in theoretical terms, and much of the analysis centers on exactly when it might occur. But the vital question is really quite simple: who would win?

Of course -- no one really "wins" a major war. But the best way to avoid having to go to war at all is to convince your potential opponent that they almost certainly would be the biggest loser. The military balance between China and the United States is complicated, and requires thinking about budgets, numbers of warships and aircraft, geography, alliance systems and technology -- especially undersea capability, cybersecurity and space.

Let's start with dollars and yuan. The U.S. defense budget is fairly transparent, at least in terms of total dollars. Defense spending was around $714 billion in the 2020 fiscal year -- and is likely to increase to $733 billion in 2021. Somewhat opaque, China's defense spending is certainly smaller, with this defense budget set at 1.36 trillion yuan ($212.6 billion), a 6.8% increase from the previous year.

But China does not have the high personnel costs of an all-volunteer force, and their military activities are largely focused on East Asia, not the very expensive global footprint of the U.S. military. And a significant level of their spending does not appear "on the public books." Overall, in terms of resources, the U.S. has an advantage, but it is not as overwhelming as it appears.

In terms of simple numbers of warships, China is already leading the U.S., roughly 350 to 300, in combat vessels. And the Chinese shipyards are pumping out new warships on a near-weekly basis, especially relatively low-technology patrol missile boats, corvettes and frigates. Still, U.S. ships are ton-for-ton larger, endowed with better offensive and defensive systems, and manned by far more experienced crews.

Additionally, the U.S. has a very sophisticated network of command-and-control capabilities to knit together its long-range aviation platforms alongside surface warships and, of course, submarines. When factoring in the tight geography of east Asia, I would say slight advantage China in terms of pure numbers of platforms both sea and air, with the U.S. having higher quality of assets.

Geographically, China enjoys a great advantage in a potential conflict with the U.S. in the South and East China seas. Notably, China would be able to support its warships logistically in terms of fuel and ammunition, provide combat repair facilities nearby and move sailors on and off their ships with ease. For the United States, lengthy supply and manpower chains would bedevil U.S. forces, even allowing for the presence of U.S. bases close by.

Additionally, the string of artificial islands built by China throughout the South China Sea would somewhat balance the U.S. bases in South Korea, Japan and Guam. The U.S. Navy, by the way, does not refer to the roughly 10 Chinese "islands" as artificial islands -- rather, they are thought of as unsinkable aircraft carriers.

Indeed, a great deal of U.S. tactical and strategic warfighting thinking is going into how to neutralize those facilities, with one thought being to deploy U.S. Marine special forces -- Marine Raiders -- to destroy their offensive capability early in a fight. While the U.S. would try to make up for its long logistic tail by engaging our allies, geography is clearly a factor that favors China.

How about alliances? The U.S. has long felt that its greatest comparative advantage over China is its network of allies, partners and friends around the world. In Asia, that means strong support from Japan -- the third-largest economy in the world, Australia -- very capable naval forces, South Korea, Singapore and many others. The U.S. is also strongly cultivating India via the Quad concept of aligning it with the U.S., Japan and Australia. Yet how much the U.S. could count on such partners in the face of a Chinese attack is a growing question.

Additionally, China is increasingly taking a page from the U.S. and strengthening its systems of partnerships. The Belt and Road Initiative is designed to do exactly that, and the Chinese are making inroads both in Asia and the east coast of Africa. Most importantly, Beijing is consolidating its relationships with Russia -- the two nations frequently exercise together militarily, Iran -- China just announced a $400 billion investment, Pakistan and the Philippines -- President Rodrigo Duterte seems to favor China in many issues over the U.S., nominally a formal treaty ally.

Overall, the U.S. allies are bigger, richer and have stronger militaries, so an advantage for Washington -- but the gap is closing.

Finally, and most importantly, victory in a U.S.-China war would be highly influenced by who has the best technology. In the key areas of undersea silencing of submarines, numbers of military satellites in space, offensive and defensive cyber tools and unmanned vehicles, the U.S. still has the lead. But China is closing fast, especially in artificial intelligence, hypersonic cruise missiles, cyber and the emerging field of quantum computing. The recently released National Commission on Artificial Intelligence is telling in this regard. Again, slight -- but closing -- advantage to the United States.

Bottom line: If I were the admiral commanding the U.S. Indo-Pacific Command -- the leader for all American military forces in the Pacific and Indian oceans -- I would still want the U.S. hand of cards to play. But as the Duke of Wellington said of the Battle of Waterloo, a fight with China would be a "near-run thing." And over the next decade, that gap will close and -- if the U.S. does not respond -- will favor China.

That is why I set my recent novel, 2034: A Novel of the Next World War, 10 to 15 years in the future. Those alarm bells are going off at the Pacific Fleet headquarters in Pearl Harbor, and watch for U.S. strategic focus, resources and advanced technology to head west in the coming decade.

Anonymous

6/03/2021

Satanic USA undeclared hybrid warfare against China.

    Thursday, 3rd June, 2021

The article below is an adjunct to Comrade Chua Chin Leng's article yesterday - " COVID - 19 confirm, it is a lab leak from Fort Detrick lab " and is meant to reinforce the revelation by Comrade Chua. The article was first published on 4th February, 2020, to let the world know how the evil Anglo-Saxon white Americans of the US in cahoot with Britain plotted to decimate the population of China with its Fort Detrick lab engineered Coronavirus timed specifically on the Chinese Lunar New Year Spring Festival of 2020 to maximize the decimation toll effect just when hundreds of millions of Chinese were in a holiday mood moving in great multitudes all across the country. And this most dastardly evil plot has not ended yet. 

The savage elite American politicians and the avaricious and  international plundering  business tycoons and bankers of Wall Street in the Rothschild and Illuminati cabal always have a phobic fear of  a rejuvenating China. Their fear of a fast developing China is so intense that they are behaving like rabies infected wild dogs on a wild savage rampage to ravage China and the Chinese people. However this unreasonable fear of a rising China which is excelling the Western countries in many fields of human endeavour only reveals their racial and white supremacist feeling and prejudice that the Chinese a non-white people should not be allowed to achieve equality or to excell above the white people in all accomplishments. It is a tall order base on their derange thinking of self egoistic feeling of white racial superiority and white supremacy. It is a very dangerous way of deranged thinking which may lead to their irrational behaviour of committing irrational actions that may lead to a nuclear war with China.

However, there are quite a few western intellectuals and professors who realise the dangerous thoughts and trends of these many lunatic white racialist and supremacist in their midst. They are fearful that these illogical China haters may undertake irrational and dangerous confrontations against China in order to impede China's progress and development so that the US and the West can continue to maintain their staus and supremacy. They are fearful such madness may lead to nuclear wars and the end of mankind. Some of these enlightened intellectuals and professors are Pro Jeffrey Sachs , professor of economy of Harvard University, Prof Dennis Etler, professor of Anthropology of University of California, Pro Richard Cullen ,  famous journalists like John Pilger , Christopher Black, F.William Engdahl, Pepe Escobar, Cynthia Chung, Finian Cunningham, Richard Wolff, Matthew Ehret, Phil Butler, Salman Rafi Sheikh, Godfree Roberts, Andre Vitchek, Gordon Duff,Alastair Crooke, Dmitry Orlov, Tony Cartalucci, Peter Koenig, Jeffrey St,Clair, Vijay Prashad, Thomas Hon Wing Polin, M.K. Bhadrakumar, William Astore, Rob Urie, Philip Giraldi and Eric Zuesse to name just a few. These intellectuals and professional peoples in all fields of studies have been writing articles to warn the American and Western warmongers to hold back and ponder deeply the dangerous road they are driving before they reach the dangerous and fatal edge of the political cliff of great destruction. The articles of these professional peoples can be accessed at the following websites:  1. Counterpunch .Org   2. New Eastern Outlook.Org   3. Russia Insider   4. Strategic Culture Foundation  5. Godfree Roberts  6. Global Times  7. Press TV

Satanic USA undeclared hybrid warfare against China


     The present Coronavirus epidermic in China did not occur naturally due to consumption of wild life as presumably claimed by the West / US. The highly infectable and deadly virus was implanted in China by the wicked Americans. The US has secretly developed a vaccine against the virus. Many of the Americans who took part in the international military games in Wuhan around end December 2019, just days before the long Chinese Lunar New Year were carriers of the virus but they did not get sick because they had already been vaccinated against the disease before their departure for China. These American carriers of the disease had intentionally spread the virus amongst the Chinese in their visits to the shopping malls and other public places.

It would seem this allegation is far fetched. But remember after the Second World War in 1945, the American government had inherited the entire blue print and secrets of the Japanese chemical and biological germ warfare laboratory 731 in a tread off in which Japanese First Class war criminals like emperor Hirohito, Abe's maternal grandfather the minister in charge of 731 and many other first class war criminals were exempted from prosecution and execution. In this tread off many of these criminals who were scientists working in 731 had to work for the United States in laboratories in charge of germ and chemical warfare experiments in well known universities in US and other US occupied territories. Also as part of the deal US confiscated over three thousand tons of gold in which the Japanese military had robbed from China and some other South East Asian countries then under Japanese occupation. Thus in exempting the Japanese first class war criminals from prosecution and execution US was complicit in in the Japanese war crimes against humanity.

In implanting the Coronavirus amongst the Chinese people the US is thus conducting a hybrid biological germ warfare against China. This germ warfare is part of US multi agenda to contain China's peaceful development. Hence the tariff and trade wars against China, the sanctions, the endless propaganda and demonization against China in the mass media controlled by US, in cyber warfare, in the fake accusation against Huawei and criminal kidnapping of Huawei's chief financial officer, Meng Wan Chou, in the dangerous military and naval harassments against China in the South China Sea and the East China Sea as well as the US coordinated Hong Kong riots, the Uyghur troubles in Xinjiang and the interference in the Chinese internal affairs over Taiwan when it illegally sells offensive weapons to the renegade Chinese traitors in the island. All these show the unprecedented diabolical wickedness of the United States toward China and the Chinese people.  All these diabolical deeds are done so as to maintain American supremacy and world hegemony and to keep its number one position in the world though albeit against the background of American decadence and natural deterioration due to its utter illicit greed for power and other countries' wealth and riches.

The coronavirus is part of the US diabolical hybrid warfare against China with the objective not only to kill millions of Chinese but also to destroy China in every perspective in trade and commerce, banking and finance, science and technology, industries and the international Belt and Road initiatives.

Below are the quotations of some factual truths from an eminent writer of New Eastern Outlook , Peter Koenig in his article dated 28th January, 2020, entitled, " Chinese Resilience and Silent, Simple and Steady Resistance - A Model for Mankind "  Peter Koenig is an economist and geopolitical analyst who worked for over 30 years with the World Bank.

"The Chinese government is determined to fight the virus for the betterment and the well-being of its people and this is reflected in the high esteem and credibility the Chinese people entrust in their government.."

"To the contrary , in the West / USA in particular , the disease is treated as an opportunity as foremost business and that business model of health care is steadily increasing, treating sick people as a market and those not yet sick as a potential market. In the West the the medical industry is one of the most ferocious money-making apparatuses next to the war industry."

"Further the big western bought and manipulative media have immediately put the blame on China. They are demonizing and slandering China for insufficient hygiene, for medical negligence - it is actually one more accusation of the " Yellow Peril "causing worldwide danger. A horror of Western attitude and injustice. "

"The CIA / Pentagon sponsored over 100 laboratories throughout the world both clandestine and semi-known to fabricate and test agents for biological warfare. "

"A few years ago one such laboratory was discovered and reported on in Ukraine. They were working on a virus affecting the "Russian Race." Since there is no homogenous Russian Race - their trials supposely failed. Since the empire never gives up in its evil attempts to dominate the world, we can assume that research on race directed bio-agents continues."

The US has been trying to manipulate Chinese DNAs to determine Chinese susceptibility to coronavirus since the Chinese are quite a homogenous race as a nation.

"This western, especially American CIA, Pentagon, NATO project to develop bio-chemical weapons to kill people by disease rather than by bullets and bombs - it is much cheaper and less obvious - does exist. The SARs epidermic of December, 2003 and the new 2019-nCOV fits that pattern . The timing of the appearance was especially curious . It was first reported on 31 December, 2019 in Wuhan, and then expanded into a proportion, so that it interfered with China's most important holiday, the Lunar New Year."

Thus it can be seen the SARs of 2003 and the Coronavirus of  January 2020 cannot be incidental or co-incidental. They are both well planned, plotted and well timed by US CIA agents to occur during the great movements of Chinese people during the most celebrated Chinese Lunar New Year Festival so as to achieve the greatest impact  on deaths,suffering and destruction to China and the Chinese people.

The diabolical inhumanistic treacherous acts of the United States must be brought to justice and those responsible must face the death penalty. All peace loving countries of the world must immediately unite and work with Russia, China, Iran and DPRK to stop the evil US imperial empire from carrying out further wicked deeds to destroy other countries. In short the evil imperial white American empire must be destroyed forever for the peace and security of all countries on this earthly world. They must act now otherwise it will be too late.

Southernglory1

Tuesday, 4th February, 2020.

Reposted today  3rd June, 2021

Covid19 - Vaccine discrimination

 WHO has approved Sinopharm and Sinovac vaccines for emergency use. Both vaccines have been used by about 100 countries world wide and likely to be the most used vaccines in the world. Many heads of states have also been vaccinated using Chinese vaccines with no side effects while there have been many reports of side effects of mRNA vaccines including dangerous blood clotting and deaths.

Singapore was one of the earliest country that took delivery of 200,000 doses of Sinovac vaccine, still in the museum in a way, cannot be used unless the little gods in Singapore verified and certified that it is safe for use or are there some other reasons?  This is in spite several hundred millions of users, and now with WHO approval. What it means is that our little gods are the authority, the most brilliant, cleverer than all the experts in WHO and all over the world on the safety and efficacy of vaccines. If they don't approve, then cannot use. Steady poon pee pee.

While the govt is pushing desperately for herd immunity and running short of American approved vaccines, and has to compromise to one dose instead of two doses as recommended, it would not use Chinese vaccines that are readily available, 200,000 doses in the museum, for whatever reasons.  Oh, the little gods have not given approval, still asking questions and investigating. 

The latest announcement by the govt that the use of Chinese vaccines, Sinopharm, think also include Sinovac, would only be available in the private sector. The govt would not subsidise, would not provide provide insurance coverage and those opting for Chinese vaccines must pay through their own pockets. 

Is this not discrimination against Chinese vaccines that are safer and cheaper and easier to administer than the American vaccines? Would not any govt choose to buy Chinese vaccines for safety and cost savings? The only advantage claimed is that American vaccines are more potent. With more and more data available, the efficacy of American vaccines is now in question and the percentages keep falling. Not forgetting many, actually quite number of those fully vaccinated and still got infected are jabbed with American vaccines,even with two doses.

The second discrimination is that there are citizens that could not use the American vaccines because of severe allergy or medical conditions that risked adverse side effects.  These citizens have no choice but to use the safer traditional method Chinese vaccines for their own safety.  Why are they punished by the govt to get jabbed in the private sector, and have to pay more and with no insurance protection/compensation?

Thirdly, the more expensive American vaccines are made available even to foreigners here for free. Why are citizens forced to go to the private sector and to pay for Chinese vaccines that the govt could buy at cheaper prices? See, foreigners given more expensive American vaccines for free but citizens have to pay for cheaper Chinese vaccines that the govt refused to provide even when there are 200,000 doses of Sinovac in the museum bins.

Why the discrimination against citizens and against Chinese vaccines in favour of more expensive but not so safe American vaccines? Why are citizens not given a choice to use vaccines that they feel are safer, some have no choice because of risk involved, and are cheaper to buy?

Any MP want to ask in Parliament about these discriminations, or are they too busy preparing to ask questions about dogs and pets and hawker culture? 

PS.  I have been waiting for Chinese vaccines for so long and thought it was good news that finally approved for use.  Now feeling cheated, discriminated. I am a citizen, pay taxes, and have to pay to be jabbed to make my fellow Singaporeans safer.  Foreign workers, foreign domestic workers, not sure about the very well paid foreign talents here, got free vaccines from my govt.


The Super Rich Are Choosing Singapore as the World’s Safest Haven

 Money is sloshing around Singapore like never before. Family offices, Bentley sales and real estate prices are booming.

For rich people “who can decide where they want to live and settle down, Singapore is a place of choice now,” said Stephan Repkow, who founded Wealth Management Alliance in 2015 after four years at Union Bancaire Privee. He said two of his foreign clients had become residents in the past 12 months and more are on the way.

Singapore has long been a draw for wealthy Chinese, Indonesians and Malaysians who would come for short trips to shop, play baccarat at the casino or get medical check-ups at world-class clinics. Mount Elizabeth Hospital Orchard, just steps from the flagship stores of Gucci and Rolex, features a UOB Privilege Banking Centre in the lobby.

The pandemic has changed all that, prompting many tycoons and their families to stay for months, in some cases seeking residency to ride out the storm. On a per capita basis, the mortality rates in Malaysia and Indonesia are more than 10 and 30 times higher than in Singapore, according to data collected by Johns Hopkins University.

The number of single family offices in the city-state has doubled since the end of 2019 to about 400, including firms recently set up by Google co-founder Sergey Brin and Shu Ping, the billionaire behind Chinese hotpot empire Haidilao International Holding Ltd. Demand for private golf club memberships is soaring, real estate prices have jumped the most since 2018 and until the recent clampdown, Michelin-star restaurants were packed. Global banks like UBS Group AG meanwhile are expanding in the city to manage the massive influx of assets.

Seletar Aiport, the hub for private jets, has seen demand for hangar space soar during the pandemic, said Alan Chan, head of business development at the 67 Pall Mall wine club, who until November was an executive at Go-Jets.

One private jet pilot who declined to be identified said it’s still extremely difficult to snare a spot. While the recent strict travel rules have extended to people with their own aircraft, he added that most expect them to ease in line with commercial flights after a few weeks.

Singapore doesn’t divulge many details on its super-rich migrant residents, but private bankers, multi-family offices and other service providers say the new arrivals are helping their businesses, in a city famous as the setting for the “Crazy Rich Asians” film.

Harish Bahl, founder of Smile Group, a family office that focuses on tech investment, said he’s never met this many super rich in the city. He’s been working in the tech space for more than two decades.

“Since the pandemic, billionaires from all over the world have been staying on longer in Singapore, including those from China, Indonesia, India and the U.S.,” he said, citing incentives for setting up family offices.

All this visible display of wealth can cause resentment, according to Toby Carroll, who lectures on political economy at the City University of Hong Kong and previously worked at the National University of Singapore.

“The negative impact for the majority of people facing increased costs of living—including of housing—declining social mobility and rising inequality bodes poorly for social cohesion,” he said in an email. “The link between rising inequality and social instability is very real.” 

 

 Anonymous