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| | | YA ALL BETTER GET READY! ECUADOR IN COMPLETE CHAOS; COUNTRY SHUT-DOWN |  |
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Guest
Guest
 |  Subject: YA ALL BETTER GET READY! ECUADOR IN COMPLETE CHAOS; COUNTRY SHUT-DOWN  Sat Oct 05, 2019 5:13 pm | |
| https://halturnerradioshow.com/index.php/en/news-page/world/ecuador-in-complete-chaos-country-shut-down
ECUADOR IN COMPLETE CHAOS; COUNTRY SHUT-DOWNWORLD NEWS DESK 04 OCTOBER 2019 HITS: 11984
- [url=http://twitter.com/share?url=https://halturnerradioshow.com/index.php/en/news-page/world/ecuador-in-complete-chaos-country-shut-down&text=ECUADOR IN COMPLETE CHAOS; COUNTRY SHUT-DOWN][/url]
 2 CommentsThe country of Ecuador is suffering civic chaos on such a massive scale, the entire country has shut down. Airports are closed. Buses, Taxis and Trains not running. Food shipments are not moving and people are in the streets protesting.
Streets are filled with protesters over government cutting-off fuel subsidies, which caused the price of fuel to triple.
A $4.5 billion loan (that they didn't want) has forced the fuel subsidies to be removed and the price of fuel including propane has almost tripled.
Rafael Correa wanted to fast-track development projects when he was president of Ecuador, so he borrowed billions of dollars from China. But the loans have come back to haunt his successor, Lenin Moreno, who will go hat in hand to China this month to seek more flexible terms and breathing space."
It's China and the loan scam they have been doing all around the world to gain assets when these corrupt politicians take loans that everyone knows they can't pay back.
It's basically selling your country to China.
The exit of OPEC is also a huge role in this due to oil being the country's largest export.
People are having to take dirt back-roads to meet-up with people just to get food. Also these are just the "wealthy" who are able to stockup, the poor will be crushed by this if something isn't done.
Taxi services down, families separated everywhere, workers unable to return home from work.
Hal Turner Analysis
When each country of South America falls like dominoes, you can count the days before their trouble becomes ours.
So many people responding to international problems such as Hong Kong, France, Venezuela, and now Ecuador -- with laughter and mocking them as if it will have no effect on the U.S., are very shortsighted.
We now have Iraq turning into a civil war zone as well.
It's all going FUBAR and this wave will eventually hit our shores.
Ecuador's next door neighbor Peru also getting stirred up.
That's three adjacent countries (including Venezuela).
Brazil is on the edge, Argentina seems to be in perpetual financial trouble.
Colombia and Chile holding it together so far but if the whole continent goes full retard then what? |
|  | | Guest
Guest
| | Subject: Bank Crisis Hits India: "Bank Stops Functioning, People Crying Outside Bank Branches" Sat Oct 05, 2019 5:20 pm | |
| https://www.zerohedge.com/markets/bank-crisis-hits-india-bank-stops-functioning-people-crying-outside-bank-branchesBank Crisis Hits India: "Bank Stops Functioning, People Crying Outside Bank Branches"
[size=10]by Tyler Durden
Sat, 10/05/2019 - 14:30The Punjab Maharashtra Co-operative Bank (PMC), in India, has been caught cooking the books and misreporting non-preforming loans (NPL) of Mumbai-based real estate developer Housing Development and Infrastructure Ltd (HDIL). As Reuters reports, PMC hid the bad loans with 21,000 fictitious accounts, which has spooked depositors, investors and government officials,  Reuters learned about the massive fraud through a complaint filed with the Economic Offences Wing (EOW) of Mumbai Police earlier this week, alleges that PMC concealed $616 million in NPLs. BloombergQuint said PMC's loan book had a 73% exposure to HDIL's failed real estate dealings. [/size] - Quote :
- "The actual financial position of the bank was camouflaged, & the bank deceptively reflected a rosy picture of its financial parameters," said the complaint, noting that the fictitious loan accounts were not entered into the bank's core banking system - a factor key in the perpetration of a $2 billion fraud at Punjab National Bank that was uncovered in 2018, said Reuters.
[size] The complaint says PMC's Chairman Waryam Singh and its Managing Director Joy Thomas were at the center point of the fraud. It also names HDIL's former senior executives Sarang Wadhwan and Rakesh Wadhwa, who were the recipients of the real estate loans.  As recession fears intensify in India, the PMC banking crisis has ignited the debate among government officials that the banking sector could be headed for turmoil. The Reserve Bank of India (RBI) took over PMC last week and has prevented the bank from new loan creation, while nearly 900,000 depositors have been informed that capital controls are being placed on their accounts for six months.  Dozens of videos have been uploaded to social media this week, detailing how depositors are being locked out of their accounts, some fear the worst, as the bank has likely failed. [/size] - Quote :
Mumbai Congress
:heavy_check_mark:@INCMumbai
[ltr]Customers of PMC Bank prepare for a dark Diwali as their Laxmi is locked away by those in power. Their cries for help fall on deaf ears as the BJP-Sena govts. at state and centre seem to believe that Sab Achha Hai.
Victims of #PMCBank crisis speak the truth: Sab Accha Nahi Hai.[/ltr]
561
8:16 AM - Oct 1, 2019
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357 people are talking about this
[/ltr]One depositor said he lost all of his money in the PMC banking crisis. [/size] - Quote :
Md Asif Khan آصِف@imMAK02
[ltr]A Modi Bhakt Nazi breaks down in front of camera after losing his money in PMC Bank scam.
These people deserve this, they voted to see India as a Hindu Rashtra, now they are facing it.
NO SYMPATHY. Jai Aryavart .[/ltr]
1,861
10:14 PM - Oct 2, 2019
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1,001 people are talking about this
[/ltr]Thousands of people have marched in the streets this week, demanding PMC return their savings. [/size] - Quote :
Armaan@Mehboobp1
[ltr]Lady saying Purane din vapas dedo
Humne Kya galthi ki apko vote deke ???
Honestly no sympathy for these people sorry #PMCBank #PMCBankCrisis[/ltr]
515
8:44 AM - Oct 3, 2019
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317 people are talking about this
[/ltr]Another heartbreaking moment when a woman discovers her family's savings were completely wiped out in the banking crisis. [/size] - Quote :
Ruchira Chaturvedi
:heavy_check_mark:@RuchiraC
[ltr]This is heartbreaking. #PMC_BANK crisis#BJPSeBanksBachao
[/ltr]
1,439
4:48 AM - Sep 25, 2019
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889 people are talking about this
[/ltr]Hundreds crowd inside one PMC bank branch, attempting to withdraw their savings, as they learn the bank failed. [/size] - Quote :
Manoj Pandey@PManoj222
[ltr]PMC Bank stops functioning, people crying outside bank branches across MumBai,Thane etc. ( Video credit- Social media)#pmcbank #pmcbank[/ltr]
231
11:29 PM - Sep 23, 2019 · Navi Mumbai, India
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195 people are talking about this
[/ltr]CNBC TV18 reported depositors are feeling "anger and pain" as they learn capital controls have limited them to only withdrawing $100. [/size] - Quote :
CNBC-TV18 News
:heavy_check_mark:@CNBCTV18News
[ltr]Anger and frustration across @PMC_Bank branches in Mumbai. A heart surgery in doubt, question marks over daughter's wedding and post-dated cheques starting to bounce; disgruntled customers are simply helpless.@archanajsr reports from the Sion branch.[/ltr]
36
9:33 AM - Oct 4, 2019
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44 people are talking about this
[/ltr]With a financial crisis developing, the Reserve Bank of India is scrambling to reassure the public that the banking sector isn't imploding. [/size] - Quote :
ReserveBankOfIndia
:heavy_check_mark:@RBI
[ltr]There are rumours in some locations about certain banks including cooperative banks, resulting in anxiety among the depositors. RBI would like to assure the general public that Indian banking system is safe and stable and there is no need to panic on the basis of such rumours.[/ltr]
8,212
3:13 AM - Oct 1, 2019
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4,750 people are talking about this
[/ltr][/size] |
| | | | Guest
Guest
| | Subject: MARTIAL LAW UNFOLDING IN IRAQ: 30 PROTESTERS SHOT, INTERNET BLACKOUT, 24-HOUR CURFEWS Sat Oct 05, 2019 5:26 pm | |
| MARTIAL LAW UNFOLDING IN IRAQ: 30 PROTESTERS SHOT, INTERNET BLACKOUT, 24-HOUR CURFEWS
Published: October 4, 2019
SOURCE: ZERO HEDGE
Now in their third day, mass anti-government protests across Iraq have resulted in 30 dead and over 1000 wounded, amid a brutal police crackdown which has involved unprepared security forces firing live rounds on demonstrators.
Several major cities are now under curfew and the government has cut internet access for much of the country. In a signal of just how dire and growing the mayhem is, Iran has now sealed key border crossings with Iraq just ahead of an annual Shia pilgrimage this month, where crucial Iran-Iraq border crossings swell with pilgrims.
 Tahrir Square in central Baghdad on Thursday, via the AP.
Iraqi television confirmed the Khosravi border crossing was closed, with more potentially to follow, per Reuters:
- Quote :
- Iranian Interior Minister Abdolreza Rahmani Fazli said last week 3 million Iranian pilgrims were expected to visit Kerbala for the religious ritual of Arbaeen, which marks the end of a 40-day mourning period for the grandson of the Prophet Mohammad.
[size] Baghdad is now under round-the-clock curfew as of Thursday, after unrest started Tuesday, reportedly driven chiefly by youth and fueled by popular anger over corruption, unemployment, and the lack of basic services.  Protests began in Baghdad Tuesday, via the AFP.Government authorities have said extreme measures are necessary to prevent "infiltrators" from attacking police and public property. The AFP reports the latest Thursday night: [/size] - Quote :
- Thousands of protesters clashed with riot police in Iraq's capital and across the south on Thursday, the third day of mass rallies that have left 30 dead.
"We'll keep going until the government falls," pledged 22-year-old Ali, an unemployed university graduate.
"I've got nothing but 250 lira (20 US cents) in my pocket while government officials have millions," he told AFP. [size] Indeed though Baghdad officials including President Barham Salih have essentially admitted police regretfully early on used a "heavy-handed response" in a situation which unexpectedly spiraled "out of control". Meanwhile, there is some evidence to suggest insurgents in some parts of the country used the opportunity to fire back on police. Late in the day Wednesday Reuters reported armed elements were active among the demonstrators in the south of the country, in what marked a major escalation: [/size] - Quote :
- Curfews were imposed earlier in three southern cities while elite counter-terrorism troops opened fire on protesters trying to storm Baghdad airport and deployed to the southern city of Nassiriya after gunfights broke out between protesters and security forces, police sources said.
[size] According to figures from Iraq's Human Rights Commission, over 1,000 have been injured and over 60 arrested, also as communications are more difficult, given about 75% of the country is without internet access, per cybersecurity monitor [url=https://www.blacklistednews.com/[/size] - Quote :
- Iraq declares curfew in Baghdad after nationwide anti-government protests escalate into one of the worst security challenges in years. More here: https://t.co/fwotLhrVzf pic.twitter.com/6TPYqnOibi
— Reuters Top News (@Reuters) October 3, 2019 [size] "The curfew does seem to be working," Al Jazeera's Imran Khan said from Iraq's capital city. "The protesters have been trying to gather in different areas of Baghdad throughout the day, but every time they reach crowds of 50 to 60 people, the security forces disperse them. The government hasn't indicated when the curfew will be lifted." We are essential witnessing a de facto martial law situation unfolding, with no end in sight. SHARE THIS ARTICLE...[/size] |
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