Oil-rich Norway may divest from fossil fuels

Google – AFP, 28 February 2014

A Greenpeace activist in a polar bear costume protests outside Norwegian

 company Statoil's office in Moscow on April 25, 2013 against its plans to drill 

in the Arctic (AFP, Yuri Kadobnov)

Oslo — Oil-rich Norway said Friday in an ironic twist that it would consider pulling its enormous state oil fund out of overseas investments in fossil fuels.

Norway, where oil revenue accounts for nearly a quarter of the economy, has the world's largest sovereign wealth fund, which has invested the nation's oil wealth in a range of stocks, bonds and other vehicles -- including major oil and gas companies.

An independent panel of experts will report back to parliament in 2015 on the likely consequences of the fund -- which is worth almost $840 billion (610 billion euros) -- divesting from coal, oil and gas businesses, the rightwing ruling coalition said Friday.

It was not clear whether any pull-out would affect all fossil fuel extraction companies, or whether it would also include power companies.

"It is important to look at this issue from every angle before going ahead with changes," said Svein Flaatten, finance spokesman for the conservative party.

Norway's Government Pension Fund, as it is officially known, owns about 1.3 percent of global market capitalisation.

The world's largest natural gas platform Aasgard-B being towed on April 17, 2000

 from Kvaerner Rosenberg Shipyard near Stavanger on the first stage of its journey

to its North Sea destination (Scanpix/AFP, Alf Ove Hansen)

Its top 10 stock holdings include almost 29 billion kroner ($4.8 billion, 3.5 billion euros) in Anglo-Dutch multinational Shell, 22.1 billion kroner in BG and 20.2 billion kroner in BP.

Despite its misleading name, the fund is in fact intended to shore up the Scandinavian nation's welfare state into the future.

In December the opposition Labour Party first sparked a debate on the fund going greener when it proposed selling off its investments in "dirty" coal-based energy.

Several financial experts have claimed that the "oil fund", as it is commonly called, is doubly exposed to investment risks.

A price drop in the fossil fuel sector would mean less state money poured into the fund and also lower returns on the stock market, as oil and gas account for 8.4 percent of the fund's stock holdings.

A large proportion of state revenue in Norway is derived from oil and gas production, and the state also owns a coal mining operation on the Arctic Svalbard archipelago.

Related Articles:

"Connecting The Dots" - Feb 1, 2014 (Kryon Channelling by Lee Carroll) - New

Green energy revolution in the Gulf?
Solar power sparks innovation in oil-rich Qatar
Saudi Arabia reveals plans to be powered entirely by renewable energy

"Recalibration of Free Choice"–  Mar 3, 2012 (Kryon Channelling by Lee Caroll) - (Subjects: (Old) Souls, Midpoint on 21-12-2012, Shift of Human Consciousness, Black & White vs. Color, 1 - Spirituality (Religions) shifting, Loose a Pope “soon”, 2 - Humans will change react to drama, 3 - Civilizations/Population on Earth,  4 - Alternate energy sources (Geothermal, Tidal (Paddle wheels), Wind), 5 – Financials Institutes/concepts will change (Integrity – Ethical) , 6 - News/Media/TV to change, 7 – Big Pharmaceutical company will collapse “soon”, (Keep people sick), (Integrity – Ethical)  8 – Wars will be over on Earth, Global Unity, … etc.) - (Text version)

“…  4 - Energy (again)

The natural resources of the planet are finite and will not support the continuation of what you've been doing. We've been saying this for a decade. Watch for increased science and increased funding for alternate ways of creating electricity (finally). Watch for the very companies who have the most to lose being the ones who fund it. It is the beginning of a full realization that a change of thinking is at hand. You can take things from Gaia that are energy, instead of physical resources. We speak yet again about geothermal, about tidal, about wind. Again, we plead with you not to over-engineer this. For one of the things that Human Beings do in a technological age is to over-engineer simple things. Look at nuclear - the most over-engineered and expensive steam engine in existence!

Your current ideas of capturing energy from tidal and wave motion don't have to be technical marvels. Think paddle wheel on a pier with waves, which will create energy in both directions [waves coming and going] tied to a generator that can power dozens of neighborhoods, not full cities. Think simple and decentralize the idea of utilities. The same goes for wind and geothermal. Think of utilities for groups of homes in a cluster. You won't have a grid failure if there is no grid. This is the way of the future, and you'll be more inclined to have it sooner than later if you do this, and it won't cost as much….”

"2013 - What Now ?" – Jan 6, 2013 (Kryon Channelling by Lee Caroll) - (Text version)

“… New ideas are things you never thought of. These ideas will be given to you so you will have answers to the most profound questions that your societies have had since you were born. Inventions will bring clean water to every Human on the planet, cheaply and everywhere. Inventions will give you power, cheaply and everywhere. These ideas will wipe out all of the reasons you now have for pollution, and when you look back on it, you'll go, "This solution was always there. Why didn't we think of that? Why didn't we do this sooner?" Because it wasn't time and you were not ready. You hadn't planted the seeds and you were still battling the old energy, deciding whether you were going to terminate yourselves before 2012. Now you didn't…. and now you didn't.

It's funny, what you ponder about, and what your sociologists consider the "great current problems of mankind", for your new ideas will simply eliminate the very concepts of the questions just as they did in the past. Do you remember? Two hundred years ago, the predictions of sociologists said that you would run out of food, since there wasn't enough land to sustain a greater population. Then you discovered crop rotation and fertilizer. Suddenly, each plot of land could produce many times what it could before. Do you remember the predictions that you would run out of wood to heat your homes? Probably not. That was before electricity. It goes on and on.

So today's puzzles are just as quaint, as you will see. (1)How do you strengthen the power grids of your great nations so that they are not vulnerable to failure or don't require massive infrastructure improvement expenditures? Because cold is coming, and you are going to need more power. (2) What can you do about pollution? (3) What about world overpopulation? Some experts will tell you that a pandemic will be the answer; nature [Gaia] will kill off about one-third of the earth's population. The best minds of the century ponder these puzzles and tell you that you are headed for real problems. You have heard these things all your life.

Let me ask you this. (1) What if you could eliminate the power grid altogether? You can and will. (2) What if pollution-creating sources simply go away, due to new ideas and invention, and the environment starts to self-correct? (3) Overpopulation? You assume that humanity will continue to have children at an exponential rate since they are stupid and can't help themselves. This, dear ones, is a consciousness and education issue, and that is going to change. Imagine a zero growth attribute of many countries - something that will be common. Did you notice that some of your children today are actually starting to ponder if they should have any children at all? What a concept! ….”

Divorce debate challenges Pope Francis

Google – AFP, Jean-Louis de la Vaissiere (AFP), 28 February 2014

Pope Francis attends his general audience at St Peter's Square, at the

Vatican, on February 26, 2014 (AFP/File, Vincenzo Pinto)

Vatican City — The issue of divorce is stoking a spirited debate between Catholic cardinals and revealing the challenges and expectations for Pope Francis after his promises to put the Church more in touch with modern life.

The question is whether divorcees who re-marry should be allowed to take part in the most sacred point of Catholic mass, Holy Communion, which is forbidden under current rules that in practice are often not observed.

Changing the doctrine could in turn alter Church rules on marriage annulments and raise broader questions about the institution of marriage, prompting lively exchanges between traditionalists and reformers.

Priests walk in the midst of faithful to give

 the holy communion during Pope Francis'

 inauguration mass, at St. Peter's square at

the Vatican, on March 19, 2013 (AFP/File,

Gabriel Bouys)

Cardinal Philippe Barbarin, the archbishop of Lyon in France, told Vatican radio that a meeting of cardinals from around the world in the Vatican this month devoted "80 to 90 percent" of the time to discussing the issue.

German Cardinal Ludwig Mueller, head of the Church's doctrinal watchdog, the Congregation for the Doctrine of the Faith, has said the current rules are "impossible to change" and that people should stop thinking of marriage as "a party in a church".

Honduran Cardinal Oscar Andres Rodriguez Maradiaga, a member of the council of eight cardinals established by the pope to advise him, has taken a more lenient line and has asked Mueller to be "more flexible".

A survey by the Spanish-language network Univision in 12 mainly Catholic countries found that 75 percent of Europeans, 67 percent of Latin Americans and 59 percent of Americans were at odds with the Church on the issue, while in Africa 19 percent of respondents disagreed.

The issue is one of very personal anguish for many Catholic couples, who say they are being treated as second-class believers, and has led to acts of defiance.

The German diocese of Freiburg im Breisgau last year said it was authorizing re-married divorcees to receive Holy Communion on a case by case basis -- prompting a quick telling off from the Vatican.

The issue would affect millions of Catholics around the world, with around a quarter of Catholic marriages ending in divorce in the United States alone.

Lyon's Archbishop, Cardinal Philippe Barbarin,

 attends the first national synod of the United

 Protestant Church of France, at the Grand

 Temple in Lyon, on May 11, 2013 (AFP/

File, Philippe Merle)

Some theologians and clergymen have called for changes to facilitate the annulment of marriages in cases in which it could be argued that the wedding took place under social pressure or was not fully understood.

Re-marrying would then be allowed under Church rules and the couple would be allowed to take Holy Communion.

Another possibility could be the Orthodox model, which allows some divorcees to re-marry in church and take Holy Communion but gives only a blessing for the second marriage and does not consider it a sacrament.

Francis mentioned the Orthodox solution as a "parenthesis" on the plane during his return from a visit to Brazil and it was raised again by some cardinals in their consistory this month in which they said it could happen following "a period of penitence".

The issue is likely to dominate a synod of world bishops planned for later this year and another one in 2015, which Francis has said should focus on families.

The divorce debate was raised in an unprecedented questionnaire sent out to dioceses worldwide to find out the approach taken by parishes on many issues, including same-sex couples and pre-marital cohabitation.

Vatican expert Henri Tincq, writing on the website Slate.fr, said the divorce issue is particularly complex on a theological level since "a sacrament is given by God and can never be taken back".

Related Articles:

Kryon Q&A

Question: Dear Kryon, how do we know when a divorce is appropriate or not?

Answer: It’s appropriate when the energy and consciousness of the one is on a different reality from the other, and it’s obvious that it will never change.

This isn’t about enlightenment, either. It’s about your individual paths. Although contrary to your society, the rules of the church, and what your family wishes for you, sometimes you go through "partnership stages" that are appropriate but temporary. It can also be between two enlightened souls who simply needed to be together for a while.

So if you’re going to separate a partnership, do it with integrity. Do it in a way where you offer friendship. Do it with wisdom and maturity. Never slam the door. Offer the other person your maturity all your life, and always give them the opportunity for forgiveness and discussion.

As you grow older, you’ll eventually see the dynamics of growth, and why a temporary partnership might have been needed in your own personal path, or in theirs. Sometimes it’s only about being a time placeholder, keeping each other in a place so that something else could happen. Each path is different, and there are as many who will stay together until they stand and hold hands on the other side of the veil. Then they’ll do it again the next time around! Don’t pass judgment either way. There is appropriateness in many things that result in growth and maturity for either or both of those involved.

As I discussed before, your cultural rules are often designed to look like they’re also the "rules of God," but often they’re just the rules of Humans who are doing their best, without full understanding of how big God really is.

Russia pledges to respect Ukraine's unity: Kerry

Google – AFP, 27 February 2014

US Secretary of State John Kerry makes his way off the stage after speaking

 on the release of the annual Human Rights Report on February 27, 2014 in the State

Department briefing room in Washington (AFP, Mandel Ngan)

Washington — Russian Foreign Minister Sergei Lavrov told his US counterpart Thursday that Moscow "will respect the territorial integrity of Ukraine" but voiced concerns about the situation in southern Crimea, US Secretary of State John Kerry said.

The top US diplomat said the pledge came in an early morning phone call with his Russian opposite number, who insisted Moscow was not behind the storming of Crimean government buildings by dozens of armed pro-Kremlin gunmen.

"I asked specifically that Russia work with the United States and our friends and allies in order to support Ukraine to rebuild unity, security and a healthy economy," Kerry told reporters.

Lavrov reaffirmed President Vladimir Putin's statement that Russia "will respect the territorial integrity of Ukraine," Kerry said after talks with German Foreign Minister Frank-Walter Steinmeier.

Lavrov also denied that Moscow had any hand in the takeover of the buildings in the Crimea, over which a Russian flag was hoisted Thursday.

"On the contrary they are concerned about it, they expressed their concern about it," Kerry said.

But he warned that Washington would be keeping a close eye on events following the ousting of Russian-backed president Viktor Yanukovych to ensure that Russia stays true to its word.

"Statements are statements, words are words," Kerry said, adding "we have all learnt that it is action and the follow on choices that make the ... difference."

The German minister meanwhile called on Moscow to work with the United States and the European Union (EU) to help Ukraine.

"No-one will benefit from this country teetering on the brink of bankruptcy. We need political stabilization to be accompanied by economic stabilization," Steinmeier said.

He confirmed that the EU was thinking of offering about $1 billion in loan guarantees to Ukraine, but said the International Monetary Fund first had to assess what was needed.

"It's difficult for anyone to give you an exact idea of how much Ukraine needs. Yanukovych has kept the figure hidden under his desk," Steinmeier said.

He insisted: "The political future is in the hands of the Ukrainians. It is for them to decide about their future and I hope they will do so in a way that will allow for an inclusive government that considers itself to be responsible for the people of the country as a whole."

Ukraine owes $13 billion in state debt payments this year -- a massive sum in a country where state reserves have shrunk to less than $18 billion.

IMF chief Christine Lagarde said Thursday that Kiev's new government of technocrats had made a formal request for IMF help and a fact-finding team was being dispatched to Kiev.

The White House meanwhile reinforced US warnings to Russia that it must avoid "miscalculations" in military drills along the border of Ukraine.

The comments appeared to reflect Washington's concern that Russian maneuvers near the ex-Soviet state could trigger events which may get out of control.

Kerry said Lavrov had assured him that the exercises were long planned and had nothing to do with the fast-moving events in Ukraine.

But Carney cautioned: "We expect Russia to be transparent about these activities and to avoid provocative actions."

Related Articles:

Russia says it won't intervene in Ukraine

New PM Yatsenyuk, Ukraine's unlikely firebrand

New PM Yatsenyuk, Ukraine's unlikely firebrand

Google – AFP, Max Delany (AFP), 26 February 2014

The nominations for the new pro-Western cabinet are read out at

Independence square in Kiev on February 26, 2014 (AFP)

Kiev — Arseniy Yatsenyuk, a protest leader who was nominated Wednesday to head Ukraine's new interim government, is a pro-EU former foreign minister who took a hands-on role in street protests that rocked the country.

The bespectacled 39-year-old has been handed the tough responsibility of dragging the former Soviet republic back from the brink of collapse -- a task he himself branded "political suicide" earlier this week as Ukraine stands on the verge of default and faces separatist tensions.

While the former lawyer and banker's considerable economic experience in the past may prove a boon for the position, he lacks the image of a tough politician and his support among the more militant wing of the protesters is uncertain.

People listen to speeches on

 Independence square in Kiev to hear the

 line-up of the new pro-Western cabinet on

 February 26, 2014 (AFP, Louisa

Gouliamaki)

But he repeatedly took a strident line in booming speeches on Independence Square in Kiev, the epicentre of the protest movement, warning ousted president Viktor Yanukovych in one grimly prescient statement that protesters would be willing to take "a bullet to the head" if that was what it took to unseat the leader.

- Fighting talk, shrewd political operator -

The Ukrainian news weekly Focus said Yatsenyuk had tried to shed his image of an "intellectual banker" and had used the daily rallies as a form of campaign platform for the role of chief opposition leader.

He was also seen by some as a rival as much as an ally of fellow opposition leader and former world boxing champion Vitali Klitschko, who currently enjoys greater popularity among potential voters and said Tuesday he would run for president.

For all the fighting talk in front of the crowd, Yatsenyuk is also a skilled behind-the-scenes political operator who has held top posts under previous governments including economy minister and deputy governor of the central bank.

A former speaker of Ukraine's parliament, he was also a fourth-place runner-up in the 2010 presidential election won by Yanukovych -- in which he garnered just seven percent of the vote.

Yatsenyuk led negotiations for the former Soviet republic's membership of the World Trade Organisation and has shown particular attention to the country's fraught economic situation.

Ukraine opposition leader Arseniy Yatsenyuk

addresses a press conference in Berlin on

 February 17, 2014 (DPA/AFP/File, Maurizio

 Gambarini)

In January he turned down a compromise deal from Yanukovych that would have seen him take up the post of prime minister, telling the then embattled president that protesters were "finishing what they started".

He was one of three opposition leaders who eventually signed a short-lived agreement with Yanukovych on Friday to stop the bloodshed -- a deal that stirred anger among many protesters and quickly collapsed when the president became a fugitive.

Since Yanukovych's ouster Yatsenyuk has been a mainstay in the parliament now dominated by those who backed the protests and on Tuesday was a major proponent of a vote to send the fugitive leader to the International Criminal Court in The Hague to answer for last week's bloodbath in Kiev.

That same day, he warned that those who accept to serve in the interim government "will save the country, but will also commit complete political suicide" due to the difficulties ahead.

- Political prodigy from opposition stronghold -

Yatsenyuk has called for European Union membership of Ukraine and has said he wants to root out deep-seated corruption in the country.

His appointment makes him one of Europe's youngest government chiefs, a post made more powerful since the parliament voted to return to a 2004 constitution that hands a raft of powers from the president to the premier.

However the position is just a temporary one until presidential elections scheduled for May 25.

Originally from Chernivtsi in western Ukraine, a major stronghold for the opposition, Yatsenyuk began his political career in 2001 as economy minister of the pro-Russia Crimean peninsula.

Poeple gather in Kiev's Independence

 square to hear the line-up of the new

 pro-Western cabinet on February 26,

2014 (AFP, Louisa Gouliamaki)

Following the "Orange Revolution" in 2004, Yatsenyuk began pushing a more pro-Western agenda and became a close ally of Yulia Tymoshenko, a former prime minister who was subsequently jailed for abuse of power, but was dramatically freed over the weekend.

Then president Viktor Yushchenko made him foreign minister in 2007 and Yatsenyuk became a compromise figure when a personal conflict between Yushchenko and Tymoshenko began to spiral out of control.

Unusually for government officials in post-Soviet countries, Yatsenyuk travelled on regular passenger flights while he was minister.

Yatsenyuk and Tymoshenko themselves later had a bitter falling-out, although they have since reconciled and he became the parliamentary leader of the party she founded.

He was born on May 22, 1974, into a family of professors at Chernivtsi University.

While still at university in the 1990s he set up a student law firm and later worked at Aval bank in Kiev.

He is married and has two daughters.

Greek shipping tycoons threaten to set sail over tax privileges

Austerity-hit government has called an end to preferential tax treatment for industry built by tycoons including Aristotle Onassis

The Guardian, Helena Smith in Athens, Wednesday 26 February 2014

Greek shipowners have reacted with anger over a move to scrap preferential
tax rates for their industry. Photograph: David Levene for the Guardian

They are some of the richest people in Greece, the owners of the world's largest commercial fleet with bank accounts and property portfolios that, even by the standards of the super-rich, elicit awe. But in the high-risk business of trading the high seas, Greek ship-owners – in line with international maritime tradition – have also been granted special tax status on their vessels.

This week, the cash-strapped government in Athens insisted the preferential treatment – enshrined in the Greek constitution and respected by every government since the 1940s – was finally over. And shipowners are up in arms.

As it tries to steer Greece out of its worst recession on record, prime minister Antonis Samaras' fragile two-party coalition has suddenly found itself at war with the influential plutocrats who control one of the few thriving sectors of the Greek economy.

The imposition of extra taxes amounted to nothing less than a "constitutional deviation" warned Theodore Veniamis, the president of the Union of Greek Shipowners. "A negative climate has been created for any type of business investment in Greece," he said.

Samaras' conservative-dominated alliance rushed legislation through parliament, imposing a triple tax on ships managed out of Greece, as the 300-seat House held its last session before the Christmas break in December.

This week, the country's merchant marine minister said that the levy was an emergency measure that would last no longer than the next three years.

But while ordinary Greeks have been hit by a barrage of taxes since the debt-stricken nation was forced to accept international aid to avert bankruptcy, the country's famously secretive shipping community is digging in its heels.

The new tax law overturned a previous accord, signed after several months of talks last year, that had allowed ship-owners to make voluntary tax payments to help the nation's economic recovery. Most of the shipping companies run out of Athens' port of Piraeus – the industry's base in Greece – had agreed to back the voluntary scheme.

But with unemployment at a record 28%, the highest in the European Union, and worsening social and economic marginalisation, the legislation has won praise. In its fourth year of bailout funds from the EU and International Monetary Fund, Greece faces fiscal shortfalls this year and next. Samaras has refused to take further unpopular spending cuts to plug the gap.

In a rare display of concord with the government, the shadow minister for development in the radical left main opposition Syriza party told the Guardian: "It's a positive step."

Yet the strength of reaction from shippers appears to have taken the Samaras administration aback. The industry, which provides up to 200,000 jobs and sustains close to 500,000, has warned that the new tax regime could force it to move elsewhere – potentially wreaking havoc on the economy.

"The fear is that the lack of trust between the maritime community and our legislators may lead to an exodus from the Greek flag and perhaps Greece itself," warned Haralambos Fafalios, who chairs the London-based Greek Shipping Co-operation Committee.

As a pillar of the Greek economy, shipping rivals tourism in attracting foreign exchange: experts estimate it has brought over ¤140bn (£115bn) into the country in the past decade alone.

"The shipping industry is a significant contributor to Greece in terms of jobs, cash and economic activity, and it stands to lose all three if it changes the regime for attracting shipping companies to the country," said Vassilis Antoniades, managing director of the Boston Consulting Group, which recently conducted an in-depth study into the impact of shipping on the Greek economy. "To a great degree the Greek economy thrives on the shipping industry."

Since the 1960s, shipping tycoons, such as Aristotle Onassis (pictured), have established airlines, shipyards, refineries and hotels in Greece. Indicative of their pre-eminent role in a sector now worth about $660bn (£400bn), this year Greek shipowners placed a record number of orders to build new vessels in shipyards around the world, outstripping any of their global competitors.

With earnings from shipping accounting for around 7% of GDP, fears are growing that the government's step could ultimately be counter-productive – even if, in poverty-stricken Greece, many also accept that may also seem rampantly unfair.

"There are alternatives with other countries offering competitive tax regimes. People will simply register their ships elsewhere," said shipping expert David Glass, who said that the sector had been unfairly reviled. "Shipowners give a lot to this country. They've built half the hospitals on the islands. They're the ones building schools and handing out over 50,000 meals to the needy every month. People forget that."

Related Articles:

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems  (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it),  Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse),  Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

".... The Illuminati

One more. "Kryon, what about the Illuminati?" OK, I'll tell you, for these things are already known by many.

Everything you thought about the Illuminati of the past is correct. This was not conspiracy, but fact. However, in the light of what I just said above, it could not sustain itself in an energy where everyone talks to everyone, and has since gone dormant.

The Illuminati was based in Greece, and it started by controlling the most potent economic attribute that could manipulate the strings of commerce on the earth - shipping. Once they had control of shipping, what followed was financial markets. This, then, worked its way to insurance, world stock markets and banking. This was prevalent for decades, right up to the mid '80s.

I have a question for the elders in the room. Look back in your lifetime, dear ones. What was the stock market like when you were younger? If you remember, you will say it had incremental changes up and down, except for occasional major shifts - which, by the way, were also controlled. It was steady, up or down. It didn't vacillate wildly, with hundreds of point-shifts from month to month. It never did. That's what a controlled market looks like. Now take a look at your current stock market. Does it look controlled? It is not! It is free-wheeling and it can go wherever it is driven by normal financial activity.

This should tell you something, dear ones. The Illuminati is no longer in control. It lost in banking, in tobacco, and it's about to lose in big pharma and insurance because awareness lets people know what is controlled and what is not. Awareness of truth will trump any other energy, and integrity will win some major battles.

So, did the Illuminate die? No. They simply lost their method of control.

The Future of the Illuminati

Now, I want to tell you something that you didn't expect and something I've reported only one other time. What about all of the money that the Illuminati has? There are trillions and trillions of euro in banks, under their control, waiting. What are they going to do with it and where are they going to use it? It's still here. They're waiting.

This group is waiting for something to happen that they know is going to happen, for they see it coming as much as I do. However, I would like to tell you something that they don't expect. With awareness comes generational shift. Those in charge of this money will not always be elders. The indigos eventually will have it.

They are waiting for something to happen in Africa - the building of a new civilization, a continent that has nothing to unlearn. Once Africa is cured, once it's ready, a new civilization can be created from the ground up. Africans will be ready to learn everything about building a foundation for the most advanced civilization ever and will do it with the most modern and inventive systems available. Eventually, this new continent will even beat the economics of China.

This is the prediction and always has been, and the Illuminati's money will fund it. Did I say the Illuminati will fund it? [Kryon laugh]The Illuminati's money will fund it, but there is a difference from the past, dear ones. The ones who inherit the positions in the Illuminati will be a different consciousness. Listen, they are not suddenly going to be the ones who have the good of everyone in their hearts - hardly. They want to make money, but what they will see instead is a way to make a great deal of money through this investment. In the process, it will automatically help hundreds of thousands, and they will be at the beginning, the foundation, that builds the new Africa. The new African states of unification eventually will create a continent stronger than any of the others, and it will have one currency. The resources alone will dwarf anything in the world.

"Wow, Kryon, how long is that going to take?"

The Humans in the room control that and those listening later and reading. When you leave this room, what are you going to do? Go home, report this, rub your hands together, and wait for it to happen? It won't. For the Humans in the room and the old souls hearing and reading have got work to do, and I've told you this before. You've got work to do.

There's an alliance that you're going to have to create with one another and with another group - the young people of Earth. The youth of this earth are changing the way things work. Can you see it? You're not supposed to sit around and watch them either, because they need you, old soul.

It's time for you to align with the indigos and the concepts of the youth of the planet. Do not think for a moment that their age shows their wisdom. These two attributes are not commensurate with one another; they're not linear. These young people may be older souls than you are! Don't think that because they've got technology that you don't understand that you can't be one with them. Their technology is social networking, the very thing we are talking about, where everyone can talk to everyone. The new consciousness on the planet starts in two areas - the children and the old souls. ..."

Swiss bank accused of helping clients evade US taxes

Google – AFP, 26 February 2014

The sign of Swiss banking giant Credit Suisse is seen on November 2, 2013

in Zurich (AFP/File, Fabrice Coffrini)

Washington — Switzerland's second largest bank, Credit Suisse, used elaborate measures to find wealthy clients and help an estimated 19,000 US customers evade American tax authorities, a scathing report from a Senate inquiry said.

The report contains the results of a two-year Senate investigation and comes a day before the heavily-anticipated questioning of Credit Suisse chief Brady Dougan and other top bank officials before the panel.

Bank figures suggest there were "nearly 19,000 US customers with hidden Swiss assets totaling nearly $5 billion" as of 2006, the Senate report said.

That figure represents some 85 percent of the bank's more than 22,000 US customers in 2006 with Swiss accounts whose assets, at their highest, exceeded $13.5 billion, the report said.

Among the bank's cloak-and-dagger practices, Swiss bankers were sent to the United States to secretly find clients, leaving no paper trail, at events sponsored by the bank -- such as at golf tournaments in Florida.

The bank also helped its clients find "intermediaries" who could help them create offshore shell companies to hide the money trail from the Internal Revenue Service.

"One former customer described how, on one occasion, a Credit Suisse banker traveled to the United States to meet with the customer at the Mandarin Oriental Hotel and, over breakfast, handed the customer the bank statements hidden in a Sports Illustrated magazine," wrote the investigators.

Third-party companies were also engaged by the bank to provide credit cards permitting clients to secretly use their hidden funds.

"The battle against tax havens using secrecy laws to facilitate US tax evasion has bogged down, causing a huge loss to our treasury? said Senator Carl Levin, chairman of the Senate subcommittee that led the investigation.

By 2008, the report says, there were more than 1,800 Credit Suisse bankers employed to manage US client accounts, many of which were never declared to the IRS, and whose transactions were structured to avoid US tax reporting requirements.

From 2008 to 2011, after the break of a tax evasion scandal at fellow Swiss bank UBS, Credit Suisse starting putting an end to its evasive practices, asking clients to close their accounts or declare them.

"The Department of Justice has failed to use the US legal tools that won the UBS case," Levin said.

"It's time to ramp up the collection of taxes due from tax evaders on the billions of dollars hidden offshore," he added.

In total, by the end of 2013, the number of Swiss accounts held by US clients at Credit Suisse fell by 85 percent, or the 19,000 clients believed to have had hidden assets, the report said.

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