Category: World

Posted on

IBC #7: Debt For Nature Swaps, Usury & Exploitation Masked As Compassion

Some background information on how this process works (in theory at least). See here and here. Does it matter that many countries are unable to repay their loans? To the creditors, not really, as there is always another way.

These “swaps” involve selling a country’s debt (at a discount) to a 3rd party, but one who has its own agenda.

1. More On The International Banking Cartel

For more on the banking cartel, check this page. The Canadian Government, like so many others, has sold out the independence and sovereignty of its monetary system to foreign interests. BIS, like its central banks, exceed their agenda and try to influence other social agendas. See who is really controlling things, and the common lies that politicians and media figures tell. And check out the climate change hoax as well, as the 2 now seem intertwined.

New Development Financing, a bait-and-switch.

2. Important Links

UN New Development Finance Paper
UN.new.development.financing.2012.178pages

UNDP Explaining Debt-For-Nature Swaps

CLICK HERE, for World Economic Forum, debt swap support.
https://archive.is/LTw1r

World Bank Working Paper, March 1990

CLICK HERE, for World Wildlife Fund Climate fund page.
https://archive.is/43sHz

3. Debt Used As A Weapon Against Nations

This cannot be emphasized enough. Countries take foreign loans in times when they are desperate, and often are unable to meet the terms to pay them back. This is a form of predatory lending. What may end up happening is that those debts are sold to people and organizations who have their own agenda.

And where do these loans originate in the first place? Many are (debt financed) by countries like Canada, the U.S., and in Europe. Western nations — who use private parties to borrow money from — borrow money which is then handed over as loans to the 3rd World. Those loans are distributed to countries who can’t pay them back. They are then forced into options like debt-for-nature.

4. World Economic Forum & Climate Swaps

Debt swaps can be one solution to tackle both challenges at once. Traditionally, these instruments represent an exchange of the existing debt contract with a new one, where the previous contract is normally “written down”, or discounted. Usually, this action is associated with specific conditions for investments, agreed both by the creditor and the debtor. In the past, such instruments have also been used to achieve climate-related objectives.

The idea of a “debt-for-climate” swap was first conceived during the 1980s by the then Deputy Vice President of the World Wildlife Fund, Thomas Lovejoy, in the wake of the Latin American debt crisis. The idea was simple: an NGO would act as a donor, purchasing debt from commercial banks at its face value on the secondary market, hence providing a level of relief on the debt’s value. The title of the debt would then be transferred to the debtor country in exchange for a specific commitment to environmental or conservation goals, performed through a national environmental fund.

In 2018, the Seychelles government worked with The Nature Conservancy, Global Environment Facility (GEF), and the United Nations Development Programme (UNDP) to develop a debt-for-nature swap for $27 million of official debt, to set up vast areas of protected marine parks for climate resilience, fishery management, biodiversity conservation and ecotourism.

This came out just the other day. The World Economic Forum, which pushed for a declaration of a pandemic also goes on about how this can be used to advance the green agenda. But don’t worry, it’s not preplanned or anything.

5. UNDP Explains Risks And Consequences

Cons
.
-DNS have only resulted in relatively small amounts of debt relief, limiting their impact in reducing developing countries’ debt burden;
–Transaction costs might be high compared to other financing instruments; negotiations can be time-consuming, spanning several years and might result in limited debt reduction or discount rates. The length of the design and negotiation phase of a DNS can span one to three years, mostly depending on the willingness of the parties and the complexity of the deal.

Risks
.
-Lengthy negotiations. Disagreement between the creditor and debtor country on conservation goals or other details of the agreement can increase the costs of the operation.
–Currency exchange risks, the impact of which (and the response strategy) is dependent on the financial structure of the DNS. The currency risk can be mitigated, for example, by making payments in local currency at the spot rate on the day payments are due. In the latter case the risk is lower for the entity managing the DNS cash flow.
–Inflation risks, the value of future payments in local currencies might be highly by inflation. Mitigation strategies to inflation risks are similar to the ones for currency exchange risks.
-The DNS might prevent the possibility of negotiating a more comprehensive and favourable debt treatment (debt relief and restructuring).
-The debtor-country might not be able or willing to respect its commitments. Fiscal and liquidity crises can undermine the capacity of the debtor-government to meet its obligations.
-Management risks related to the capacity of the fund selected to administer grants from the DNS proceeds, including mismanagement, corruption and failures in the identification of good projects to be financed.
-While rarely reported, it is possible that the projects financed might create discontent in local communities (e.g. removal of access to resources by local communities).
-ODA substitution (no additionality). While a DNS is an option for increasing ODA, it might just substitute for other committed flows.
-The debtor-country may lose sovereignty in deciding about the spending of public resources. Grants may be disbursed according to donors’ preferences, which in turn might or might not better mirror local conservation needs. In most DNS the debtor-government decides in agreement with the creditor(s) about the modalities of funds’ disbursements, both participating in the boards of the trust fund responsible for grant-making.
-Debt swaps may be tied to the purchase of goods or services for the creditor(s).

There are an awful lot of drawbacks to getting involved with this sort of loan. Specifically, countries cede their sovereignty, are forced into conditions they don’t like, and it may not even result in much of a debt reduction.

6. World Bank 1990 Working Paper On Swaps

The first debt-for-nature agreement (Bolivia) was the only one in which land was set aside, and development restrictions adopted, as a result of the agreement. This deal was extremely controversial at first, as many Bolivians thought that the country had relinquished sovereignty to the international environmental group. There is, however, no transfer of land ownership, and development decisions are not based on agreements between the local environmental groups, the government, and the regional population. The Bolivian government has been slow in dispersing the local currency funds, and controversies have arisen over the development use of the buffer areas.

Finally, prior to the debt-for-nature concept, environmental groups had little or no direct contact with either commercial banks or debt countries’ finance ministers. Debt-for-nature swaps, however, have entailed intense negotiations between all three groups, leading to a network of relationships that may prove valuable to international environmental groups beyond simply debt-for-nature agreements.

Much of the interest in using official debt for debt-for-development swaps first began as a result of the 1988 Toronto Economic Summit, in which the G-7 countries established guidelines that allowed Paris Club Creditors to forgive debt to the poorest of the Sub-Saharan countries. One of three options given to Paris Club creditors was to forgive up to one-third of the debt of the developing country (with the other two being extended maturities and lower interest rates). France has generally chosen the first option, while the United States (until July 1989) has been reluctant to forgive debt.

World Bank Working Paper, March 1990

This scheme has been going back many decades. The basic principle is that countries are loaned money they cannot realistically afford to pay back. Loans are then forgiven — or reduced — but with strings attached. One such arrangement is the debt-for nature swaps.

Although the land isn’t officially ceded, for all practical purposes it is.

7. Leonardo DiCaprio Foundation, Seychelles

In 2017, the Leonardo DiCaprio Foundation helped finance a debt-for-nature swap with the Republic of Seychelles to set aside some 400,000 square kilometers of water for conservation.

8. World Wildlife Fund Conservation Finance

Debt-for-Nature Swaps
WWF has worked with the U.S., French, German, Dutch, and other creditor countries to structure foreign debt-for-nature swaps, including the first one in Ecuador in 1987. Since 2001, WWF has helped design several debt-for-nature swap agreements under the Tropical Forest Conservation Act (and previously under the Enterprise for the Americas Initiative). Both mechanisms were formed to relieve the debt burden of developing countries owed to the U.S. government, while generating funds in local currency to support tropical forest conservation activities. Capital raised through debt-for-nature swaps can be applied through trust funds or foundations specifically set up to channel funding to local biodiversity conservation.

Carbon Finance
WWF believes that carbon finance, if used appropriately, will play a critical role in reducing global greenhouse gas emissions, contributing to biodiversity conservation, and promoting a range of local economic and social values. WWF is developing pilot carbon projects in Peru, Brazil, Central Africa, Indonesia and Nepal to capitalize on the rapidly growing potential for carbon finance. We contribute to these efforts by securing private and public financing for carbon projects and providing technical support to implement carbon finance mechanisms.

The World Wildlife Fund is quite involved in financing the nature-for-debt swaps. Should make Canadians wonder what is the real reason Trudeau and Butts present themselves as eco-warriors.

9. Gerald Butts, Megan Leslie Head(s) of WWF

It shouldn’t surprise anyone that Gerald Butts was once the President and CEO of World Wildlife Fund Canada. This conflict of interest isn’t limited to the Liberals though.

Megan Leslie used to be the Deputy NDP Leader, and was Deputy Opposition Leader for a time. Now, this Trudeau Foundation Director is also the head of the World Wildlife Fund.

It’s also worth a mention that Elizabeth May, the former Green Party Leader is also with the Trudeau Foundation. She was, at a time, Head of Sierra Club Canada. At least 3 of the major Federal parties are compromised, and in bed with the eco-lobby.

10. Mockingbird Foundation Of Canada

To see a little deeper just how many tentacles the Trudeau Foundation has, see these connections between the House of Commons, the Senate, the Courts and the media. Truly disgusting.

11. Usury Disguised As Humanitarianism

Despite what is said publicly, there is nothing compassionate about what is happening. Countries are taking loans they can’t pay back, and are forced to cede sovereignty in order to “service the debt”. Not at all what we are led to believe.

Posted on

CV #29: The Financial Ties Between Sick Kids Hospital And The Gates Foundation

Zulfiqar A. Bhutta is the Co-Director, and Director of Research at Sick Kids Hospital. He has also held positions with: Aga Khan University, as the Founding Director of the Center of Excellence in Women and Child Health; GAVI, as a Global Academic Research Member; Bill & Melinda Gates Foundation Scientific Advisory Board; and more.

Time to explore another uncomfortable topic in the vaccine industry: the ties between Sick Kids Hospital in Toronto, and the Bill & Melinda Gates Foundation.

1. Other Articles On CV “Planned-emic”

The rest of the series is here. Many lies, lobbying, conflicts of interest, and various globalist agendas operating behind the scenes. The Gates Foundation finances many things, including, the World Health Organization, the Center for Disease Control, GAVI, ID2020, John Hopkins University, Imperial College London, the Pirbright Institute, the British Broadcasting Corporation, and individual pharmaceutical companies. Worth mentioning: there is little to no science behind what our officials are doing; they promote degenerate behaviour; the Australian Department of Health admits the PCR tests don’t work; the US CDC admits testing is heavily flawed; and The International Health Regulations (IHR), that the WHO imposes are legally binding on all members.

2. Zulfiqar A. Bhutta, His Many Roles

Zulfiqar A. Bhutta, M.B.B.S., D.C.H., F.R.C.P., F.R.C.P.C.H., F.C.P.S., F.A.A.P., Ph.D.
Zulfiqar A. Bhutta is the Robert Harding Inaugural Chair in Global Child Health at Toronto’s Hospital for Sick Children, co-director of the SickKids Centre for Global Child Health, and the founding director of the Centre of Excellence in Women and Child Health at the Aga Khan University. He also holds adjunct professorships at several leading universities, including the School of Public Health at Johns Hopkins University, Tufts University, Boston University School of Public Health, University of Alberta, and the London School of Hygiene and Tropical Medicine. He is Distinguished National Professor of the Government of Pakistan and was the founding chair of Pakistan’s National Research Ethics Committee from 2003 to 2014.

[1] Sick Kids Hospital Directory
[2] Gates Foundation Scientific Advisory Committee
[3] World Health Organization
[4] Aga Khan University
[5] John Hopkins Bloomberg School of Public Health

Quite the busy man. An interesting side note: Anthony Fauci used to be on the Gates Foundation Scientific Advisory Committee as well.

3. O’Toole Campaign Chief A Sick Kids Director

OTTAWA — Conservative leadership candidate Erin O’Toole called Monday for the country to be placed on “war footing” to combat the spread of COVID-19, the latest escalation of rhetoric in the race now thrown into flux by the rapidly evolving crisis.

O’Toole said the federal government should invoke the Emergencies Act so the federal government can prohibit travel, enforce self-isolation and control assemblies, while also mobilizing the military to back up the health system.

“Now is the time to put our government and our economy on a war footing, with leadership from the top,” he said in an email to supporters.

Erin O’Toole is now leader of the CPC. At the time, he was campaigning for the position and criticized Trudeau for not being authoritarian enough. What a strange way to act as an opposition leader.

Interesting this connection: his chief of staff, Walied Soliman, is a Director of Sick Kids Hospital. Sick Kids gets large donations from the Bill & Melinda Gates Foundation, promoting and conducting vaccine research. Could this be why O’Toole offers no real opposition to the draconian measures? Because his Chief of Staff is involved in it?

After all, Trudeau’s Chief of Staff, Katie Telford, is married to Rob Silver. Silver co-founded Crestview Strategy, which GAVI hired to lobby public officials over the last few years. One of those lobbyists is Zakery Blais, former assistant to current Attorney General, David Lametti. See Part 4 and Part 5.

4. Daniel Roth, $15M Bangladesh Research Grant

Congratulations to Dr. Daniel Roth, Clinician-Scientist at SickKids, and his team on being awarded a $15 million USD grant from the Bill & Melinda Gates Foundation for the Synbiotics for the Early Prevention of Severe Infections in Infancy (SEPSIS) project. The project will build an adaptive research platform aimed at describing the early infant microbiome and assessing the safety and efficacy of interventions to prevent severe infections and promote growth during early infancy (0-60 days of age) in Dhaka, Bangladesh. The platform will include a large phase III randomized controlled trial to test the efficacy of a specific synbiotic (probiotic-prebiotic combination) formulation to prevent newborn sepsis. The research will be conducted in collaboration with numerous partners including the International Centre for Diarrheal Disease Research, Bangladesh (icddr,b) and Child Health Research Foundation (CHRF), both based in Dhaka, Bangladesh.

This grant is listed as a 4 year project posted on the Sick Kids website, and is to cover research in Bangladesh.

5. Epidemiology, Vaccine Grant, $250,000 In 2019

Date: September 2019
Purpose: to promote sharing among scientists and public health practitioners on topics relevant to pneumococcal biology, epidemiology, treatment, and vaccines
Amount: $251,100
Term: 24
Topic: Pneumonia
Program: Global Health
Grantee Location: Toronto, Ontario
Grantee Website: http://www.sickkids.ca

Sick Kids Hospital in Toronto received a quarter million dollar grant a year ago, in September 2019.

6. Kenya Project: Aga Khan, Gates Support

The aim of the Kenya case study was to undertake a robust national and sub-national analysis (at county level) in order to evaluate progress over the last two decades on key Countdown coverage indicators as well as improvement in health financing to achieve MDGs 4 and 5. Outputs to inform both central and county governments will be invaluable in informing multi-level planning, especially considering the significant management, policy, financing, and accountability challenges associated with the recent decentralization (‘devolution’) of health services as per the new constitution. On the basis of this analysis, we will develop a model of what interventions can be effectively implemented to accelerate improvement in reproductive, maternal, newborn, child and adolescent health and reduction in mortality over the next 10 years.

Project collaborators include Aga Khan University, Nairobi, Aga Khan University, Karachi, University of Nairobi, Family Care International, Africa Population & Health Research Center, Ministry of Health, Kenya.

Supported by: US Fund for UNICEF under the Countdown to 2015 for Maternal, Newborn, and Child Survival grant from the Bill & Melinda Gates Foundation. The Hospital for Sick Children (SickKids), Aga Khan University (Nairobi) and the Aga Khan University (Karachi) provided additional in-kind support.

Sick Kids hospital undertook a research project for maternal health in Kenya, with the reduction of infant mortality as a major goal. The major donors include Aga Khan and the Gates Foundation.

7. Gates Funding Maternal Health, SKH Toronto

Hospital for Sick Children
Date: July 2020
Purpose: to document county successes in the reduction of anemia among women of reproductive age, and SDG indicator
Amount: $1,399,280
Term: 24
Topic: Maternal, Neonatal and Child Health, MNCH Discovery & Tools
Program: Global Development|Global Health
Grantee Location: Toronto, Ontario
Grantee Website: http://www.sickkids.ca

Another $1.4 million grant from the Bill & Melinda Gates Foundation to Sick Kids Hospital. This was in July 2020, so very recent. The two organizations seem to align ideologically, as we will see a bit later.

8. Gates Donates $5.9M Last Year To SKH

http://www.sickkids.ca/AboutSickKids/annual-report/81509-2019-2020_SickKids-Annual-Report.pdf
2019-2020_SickKids-Annual-Report

In the last year, the Bill & Melinda Gates Foundation donated some $5.9 million to Sick Kids Hospital.

9. Sick Kids, Gates Allied On Vaxx Rates

Acknowledgements
We thank Diego Bassani, Hospital for Sick Kids, Toronto, Canada.
.
Funding:
The Canadian Institutes for Health Research (299960) and the Bill & Melinda Gates Foundation (OPP1067851) funded this study.
.
Competing interests:
None declared.

In 2015, Sick Kids Hospital and the Bill & Melinda Gates Foundation teamed up in order to conduct research into raising the vaccination rate in children.

10. More Than What Meets The Eye

To many, Sick Kids Hospital comes across as being above the politically driven agendas that plague Canadian health care. However, things are not as they seem. Those grants from the Gates Foundation can’t be ignored, especially given the vaccination agenda.

Are there other links? Yes, but this should give a good idea as to what is really going on.

It also can’t be brushed aside that Walied Soliman, is both the Chief of Staff for Conservative Party Leader, Erin O’Toole, and a long time Director at Sick Kids. No wonder O’Toole supports heavy handed measures.

Posted on

Bank Of Canada & Other Central Banks Promoting Climate Change Scam

Various central banks around the world — including the Bank of Canada — have fully embraced the climate change scam. They promote “green finance” as a way to enact larger social change.

1. BoC Fully Supports The GREAT RESET


https://twitter.com/bankofcanada/status/1296788907724623873

bank.of.canada.great.reset.agenda

The pandemic, central banks and climate change
• COVID-19 is a shock and an opportunity
• Pivot to a greener, smarter economy?
• Focus here on climate-related issues
• Our contributions to scenario analysis
• To start: how we view climate change risk

For those who are unfamiliar, the GREAT RESET is a plan hatched a long time ago, which involved using this “pandemic” as an excuse to bring about larger social change. Check out the previous piece on the World Economic Forum.

2. BoC Calls Climate Change A “Vulnerability”

Climate change creates important physical risks both in Canada and globally. According to the Intergovernmental Panel on Climate Change, the average world temperature in 2017 was around 1°C higher than pre-industrial levels and is projected to rise by 0.2°C per decade. One consequence is an increase in extreme weather events such as flooding, hurricanes and severe droughts. Insured damage to property and infrastructure in Canada averaged about $1.7 billion per year from 2008 to 2017, up from $200 million per year from 1983 to 1992. Canada is particularly affected—it is estimated to be warming significantly faster than the rest of the world.27

The move to a low-carbon economy involves complex structural adjustments, creating new opportunities as well as transition risk. Investor and consumer preferences are shifting toward lower-carbon sources and production processes, suggesting that the move to a low-carbon economy is underway. Transition costs will be felt most in carbon-intensive sectors, such as the oil and gas sector. If some fossil fuel reserves remain unexploited, assets in this sector may become stranded, losing much of their value. At the same time, other sectors such as green technology and alternative energy will likely benefit.

Both physical and transition risks are likely to have broad impacts on the economy. Moving labour and capital toward less carbon-intensive sectors is costly and takes time. Global trade patterns may also shift as production costs and the value of resources change. The necessary adjustments are complex and pervasive and might lead to increased risk for the financial system. In addition to insurance companies, many other parts of the financial system are exposed to risks from climate change. Banks have loans to carbon-intensive sectors as well as to connected sectors—for example, those upstream or downstream in supply chains. Asset managers hold carbon-intensive assets in and outside Canada. The Government of Canada’s Expert Panel on Sustainable Finance is studying these issues.

(From part 5), the Bank of Canada has written off the oil & gas sector, and others, in favour of “transitioning to a low carbon economy”. It would be nice for those people in Alberta, BC and Saskatchewan to have been made aware of this. It’s not like their communities will be gutted.

3. BoC & “Greening Financial System”

In response, central banks are stepping up efforts to assess climate-related risks. The current suite of central bank economic models, however, do not incorporate climate-change effects. Uncertainty over future developments related to climate change also makes assessing these risks challenging. These developments include policy developments, technological developments and changes in the natural environment.

Some central banks and private financial institutions are developing tools to carry out climate-related scenario analysis. Scenario analysis examines different plausible future states of the world. It forecasts a set of situations that could happen rather than predicts what will happen. It can help users evaluate a range of hypothetical outcomes based on different assumptions of what may occur. Scenario analysis is particularly useful for climate change, where the evolution of key variables is uncertain. To be the most useful, these scenarios should be extreme yet plausible. This will give a sense of the full range of possible risks.

Rather than focusing on monetary policy, which is its mandate, the Bank of Canada has decided to wade into the climate change agenda. The BoC alleges that climate change is directly tied to the financial health of the country.

4. Initiative Launched December 2017

The Network of Central Banks and Supervisors for Greening the Financial System (NGFS), was launched on December 12, 2017. It started off with 8 central banks, but has grown exponentially since. Many more, including the Bank of Canada, are now part of this group.

5. Central Banks “Greening Financial System”

founding.members.greening.of.financial.system

Joint statement by the Founding Members of the Central Banks and Supervisors Network for Greening the Financial System

Financing the transition to a green and low carbon economy consistent with the ‘well below 2°celsius’ goal set out in the Paris agreement and promoting environmental sustainable growth are among the major challenges of our time. In the process of responding to environmental and climate challenges, there are both opportunities and vulnerabilities for financial institutions and the financial system as a whole.

Post Paris, official sector and private-led initiatives have accelerated the awareness of climate related financial risks and the scaling up of green financing. The G20 Green Finance Study Group and the FSB Task Force on Climate-Related Financial Disclosures also recommended steps towards encouraging financial institutions to conduct environmental risk analysis and to improve environment- and climate-related information disclosure. We are very pleased to announce today that eight central banks and supervisors decided to collectively commit to establish a Network of Central Banks and Supervisors for Greening the Financial System. The Network will help to strengthen the global response required to meet the goals of the Paris agreement and to enhance the role of the financial system to manage risks and to mobilize capital for green and low-carbon investments in the broader context of environmentally sustainable development.

This group was started by the central banks of 8 countries. It has since grown to encompass many more. People should be skeptical that organizations involved in the monetary system are getting involved in the climate change industry.

6. NGFS Scaling Up “Green Finance”

This section provides an overview of the workstream’s mandate.
The workstream on scaling up green finance is structured around 3 main topics:

1) Promoting the adoption of sustainable and responsible principles in central banks’ investment approaches
2) Understanding and monitoring the market dynamics of green finance
3) Providing a joint central banks’ view on the various challenges climate change raises for the conduct of monetary policy

7. Mark Carney, Former Bank Of Canada Head

Mark Carney used to be the Head of the Bank of Canada, and later headed the Bank of England. Anyway, this man is now in charge of “UN Climate Finance”, and openly threatens to bankrupt companies who don’t play ball with the climate change scam. It used to be that gangsters would burn down your business if you didn’t pay. Now, they just pass laws to make it impossible to operate.

8. BoC Pushing Digital Currency

https://twitter.com/bankofcanada/status/1276160904456003584

You know all that hype about the Bank of Canada looking to push some form of digital currency to replace money? Well yes, they are actually looking into it.

9. Should Banks Push Climate Agenda?

Banks, like any institution, should stick to their assigned role and not meddle elsewhere. Why stray so far into unrelated areas? It’s because they have an agenda, and are just using the financial sector as a means and excuse of implementing that agenda.

(1) https://www.bankofcanada.ca/2020/08/the-great-reset/?utm_source=twitter&utm_medium=social&utm_campaign=SPPB200820
(2) bank.of.canada.great.reset.agenda
(3) https://archive.is/129UE
(4) https://www.bankofcanada.ca/2020/05/staff-discussion-paper-2020-3/
(5) https://archive.is/GP1d5
(6) https://www.bankofcanada.ca/2019/05/financial-system-review-2019/?#Vulnerability-5-Climate-change
(7) https://archive.is/Ji1bg
(8) https://www.bankofcanada.ca/2020/06/bank-canada-contributes-new-publications-network-greening-financial-system/
(9) https://archive.is/uCN97
(10) https://www.ngfs.net/en
(11) https://archive.is/8wUbJ
(12) ttps://www.banque-france.fr/en/communique-de-presse/joint-statement-founding-members-central-banks-and-supervisors-network-greening-financial-system-one
(13) founding.members.greening.of.financial.system
(14) https://archive.is/o1PaR
(15) https://www.ngfs.net/en/about-us/governance/workstream-scaling-green-finance
(16) https://archive.is/cYahU
(17) https://www.ngfs.net/sites/default/files/medias/documents/ngfs-a-sustainable-and-responsible-investment-guide.pdf
(18) ngfs-a-sustainable-and-responsible-investment-guide
(19) https://www.bankofcanada.ca/2020/06/staff-analytical-note-2020-10/?utm_source=twitter&utm_medium=social&utm_campaign=SANH200624
(20) https://archive.is/0EeTp

Posted on

UN Global Internet Governance Forum, Meeting Since 2006

Getting your own politicians to protect free speech is difficult enough. How does it work when the rules are being drafted by unelected officials in other countries?

1. Important Developments On Free Speech

There is already a lot of information on the free speech series on the site. Free speech, while an important topic, doesn’t stand on its own, and is typically intertwined with other categories. For background information for this, please visit: Digital Cooperation; ex-Liberal Candidate Richard Lee; the Digital Charter, big tech collusion in coronavirus, and Dominic LeBlanc’s proposal.

IF you think that Canadian laws don’t do enough to protect free speech in general, or online free speech more specifically, just wait until it is regulated globally.

2. IGF Meetings Held Since 2006

2006: Athens, Greece, https://archive.is/g2NnZ
2007: Rio de Janeiro, Brazil, https://archive.is/uiFsE
2008: Hyderabad, India, https://archive.is/6rV0k
2009: Sharm El Sheikh, Egypt, https://archive.is/dS2SO
2010: Vilnius, Lithuania, https://archive.is/uzC3U
2011: Nairobi, Kenya, https://archive.is/Dl71r
2012: Baku, Azerbaijan, https://archive.is/XUDaX
2013: Bali, Indonesia, https://archive.is/wksxQ
2014: Istanbul, Turkey, https://archive.is/XKnUe
2015: João Pessoa, Brazil, https://archive.is/1CiSE
2016: Jalisco, Mexico, https://archive.is/Rkazl
2017: Geneva, Switzerland, https://archive.is/mtw6w
2018: Paris, France, https://archive.is/zEsjK
2019: Berlin, Germany, https://archive.is/KGwzo

3. Important Issues Global IGF Discusses

What Key Issues are discussed at the IGF?
As an example, key issues discussed at the 12th meeting of the IGF in 2017 include:
.
– The impact of modern technologies on industry, society, and the economy;
– Multistakeholderism and Multilateralism and the setting of global norms;
– The new digital economy & sustainable development — providing opportunities or deepening divides?
– The role of government in policy making in the digital age;
– The emergence of a global, Internet society;
– Cybersecurity and cyber-threats;
– Artificial intelligence (AI);
– Critical Internet resources;
– Blockchains and bitcoins;
– Fake news;
– Access, inclusion and diversity;
– The pressing need for security in the Internet of Things;
– Digital divides;

https://www.intgovforum.org/multilingual/content/about-igf-faqs

Advocates of strong free speech laws will notice (in particular) the topics of the role of government, and fake news. Makes one wonder if various Heads of State will decide what is real news and what is fake.

4. Who Funds Global IGF?

How is the global Internet Governance Forum funded?
.
The Internet Governance Forum (IGF) Secretariat – based in Geneva, is sustained financially through the extra-budgetary Trust Fund Account managed by United Nations Department of Economic and Social Affairs (UN DESA). The nature of the IGF Trust Fund is such that it is voluntary and multi-donor driven, with varying contributions from Governments and non-governmental organisations from the technical community, the private sector and the civil society. The IGF Trust Fund covers the administrative and operational costs of the IGF Secretariat including personnel, fellowships, and meeting costs (venues, interpretation, logistical costs, etc.); and funds the travel costs of MAG Members from developing countries. More details about the list of donors and funds received are available online. The Trust Fund also provides support to various intersessional activities, inter alia Best Practice Forums, major policy initiatives such as Connecting and Enabling the Next Billion(s), etc.

Each year, the organizational and conference cost of the annual meeting of the Internet Governance Forum is provided for by the Government of the host country, administered through a Host Country Agreement signed between the Government and the UN Department of Economic and Social Affairs.

https://www.intgovforum.org/multilingual/content/about-igf-faqs

Donors to the Trust Fund (highest to lowest)

  • Government of Finland
  • Government of Germany
  • European Commission
  • Internet Corporation for Assigned Names and Numbers (ICANN)
  • The Internet Society (ISOC)
  • Number Resource Organization (NRO)
  • Government of the Netherlands
  • Government of Switzerland
  • Government of the United States
  • Government of the United Kingdom
  • Government of Japan
  • Nominet UK
  • Tides Foundation
  • Verizon
  • IGFSA
  • Brazilian Internet Steering Committee
  • AT&T
  • China Energy Fund Committee
  • Verisign
  • Afilias Global Registry Services
  • Facebook
  • Government of Portugal – Fundacao Para a Ciencia e a Tecnologia
  • Microsoft Corporation
  • Siemens Aktiengesellschaft – Communications / Nokia Siemens Networks
  • Google
  • Government of Norway
  • Government of Sweden
  • Amazon
  • UNINETT Norid
  • The Swiss Education & Research Network (SWITCH)
  • The Walt Disney Company
  • European Registry for Internet domains
  • CISCO
  • auDA Australia’s Domain Name Administrator
  • International Chamber of Commerce (ICC) – Business Action to Support the Information Society (BASIS)
  • Coordination Center for TLD
  • Danish Internet Forum
  • Politecnico di Torino
  • Community DNS
  • Government of the Republic of Korea
  • European Telecommunication Network Operators’ Association
  • MCADE, LLC
  • NIC-MEXICO
  • Nic.at The Austrian Registry
  • Summit Strategies International
  • NIKKEI DigitalCORE
  • Ribose Inc.

In addition to the funding of various governments, the following names should be familiar to almost everyone: Google, Facebook, Microsoft, Disney, Amazon, AT&T, Verizon, and the Soros-funded Tides Foundation.

5. IGF And UNSG Panel On Digital Cooperation

>> FABRIZIO HOCHSCHILD: Excellencies, ladies and gentlemen, dear friends and colleagues. We’re having this conversation under unusual circumstances at a pivotal moment in history.

In a world already fundamentally transformed by digital technologies, the onslaught of the COVID-19 pandemic and the need for social distancing have propelled the adoption of information and communications technologies and transformed the bedrock of humanity’s means of survival and prosperity: communication. To cooperate, we must communicate, and to communicate nowadays, we must use digital means. This is an important time for Internet governance.

COVID-19 has raised the stakes for global digital cooperation. Over the last few months, my office, in partnership with the international telecommunications unit, organized a series of webinars on digital cooperation in times of COVID-19 and beyond. These discussions considered challenges when urgent cooperation is required, such as with regard to the ongoing deficit in connectivity, with regard to human rights challenges and trust and security issues.

.
Health systems today don’t just have to treat the sick. They also have to deal with cyber attacks and the spread of dangerous, life-threatening misinformation.

In follow-up to the Secretary-General’s call for a global cease far, I also called for a digital cease fire. Global cooperation is necessary if we wish to overcome the pandemic without drastically compromising values like privacy and freedom of speech.

A few days ago, the Secretary-General presented his roadmap for digital cooperation which sets forth his vision for how the international community should engage on these and other key digital issues outlined in the report of the High-Level Panel on Digital Cooperation. The roadmap describes a range of actions for all stakeholders from the United Nations system to member states, the private sector, civil society organizations, and the technical community. The United Nations, including the IGF, the Internet Governance Forum, can truly serve as a platform for informed discussion and evidence-based decisions and practices.

The High-level Panel had noted, and I quote, “a great deal of dissatisfaction with existing digital cooperation arrangements, a desire for more tangible outcomes, more active and diverse participation by governments and the private sector, and more inclusive processes and better follow-up,” end of quote.

The IGF should be retooled to become more responsive and relevant to current digital issues. We must ensure that the IGF is a forum that governments value and want to attend while preserving the important space it represents for other stakeholder engagement.

The IGF’s coordinating and strategic role needs to be further strengthened. The roadmap includes a series of suggestions to further enhance the IGF, such as by improving fundraising, inclusion, and outcomes. I hope you will all be engaged in the follow-up of the action areas highlighted in the Secretary-General’s roadmap, and I hope you will all share your views specifically on how the IGF can be made even more responsive to the evolving challenges of digital cooperation.

Thank you for your engagement and support of the IGF and digital cooperation. We welcome and we need your ideas, your proposals, and your continued enthusiasm and support.
Thank you.

Don’t worry. It’s not like this will lead to a global body deciding what can or can’t be talked about or shared on the internet. This will absolutely never be abused.

6. Global Digital Cooperation Frameworks

The Global Internet Governance Forum goes on to propose several different ways that “digital cooperation” could be implemented on a world-wide scale. But don’t worry. It’s all just discussion, and nothing that gets suggested will ever become legally binding.

7. Canadian Internet Governance Forum

Save the date: The virtual Canadian IGF will be Nov. 24 and Nov. 25, 2020.
The Canadian Internet Governance Forum (IGF) is Canada’s leading multi-stakeholder forum on digital and internet policy issues.
.
The inaugural event took place last year in Toronto and brought together over 200 representatives from government, civil society, and the private sector to tackle pressing public policy issues facing the internet.
.
The Canadian IGF is a national initiative of the global United-Nations-convened Internet Governance Forum, which holds annual meetings at different locations around the world. The Canadian IGF will produce a report detailing the unique, regional priorities facing Canadian stakeholders in attendance. This report will then be fed into the global IGF.

2019.canadian.internet.governance.forum

This isn’t just some abstract UN group far off. There exists a Canadian branch of the Internet Governance Forum, and its agenda is pretty much what one would expect.

Throughout the discussions, several common themes emerged across subject areas. These
included trends towards increased regulation; the necessity for plain language content; and,
the need for education and digital literacy. For stakeholders engaging in Internet governance
domestically and abroad, priorities going forward include the need for:
• A transnational, multistakeholder approach to internet governance.
• Awareness of/education on the issues, and how users can participate in discussions
related to internet governance.
• Solutions developed by any stakeholder group that are thoughtful, evidence-based, and
proportionate.
• Transparency from both governments and businesses in order to promote public trust
and build the capacity of users.

These priorities are elaborated in the conclusion of this report.

That is from page 5 on the report. They explicitly state that they view internet regulation as a global concept.

Key Issues
• Fake news and misinformation.
• Hateful online speech.
• Global and domestic threats.
• Data security

Discussion Overview
The panel’s discussion surrounded three main topics: 1) While foreign actors are a threat, domestic actors are an equal or higher risk when it comes to the dissemination of fake news and the proliferation of hateful speech online. Social media platforms also have to balance discouraging fake news, while ensuring they are not censoring a legitimate group; 2) Political actors are increasingly using social media platforms as a tool to get messages out; and 3) In the aftermath of Cambridge Analytica, academics have seen social media platforms reduce their access to datasets to study the fake news problem.

A recent report on Canadians’ use of social media shows that 94% of internet users here in this country have at least one social media account. The exposure to potential misinformation and disinformation campaigns is enormous.

Both technological and policy-based solutions are needed to confront the fake news problem. Facebook, for instance, has a three-pronged strategy focusing on people, technology and, increasingly, partnerships. Facebook has gone from 10,000 to 30,000 people dedicated to working on this challenge. In Q2 and Q3 of last year, Facebook removed approximately 1.5 billion fake accounts. The development of digital literacy skills is required to help users discern between real and fake news. The need for civility among users was also stressed. Canada must decide on its approach to fake news and newer technology, generally. Do we want to follow the lead of the United States or Europe?

A void has been created in the news world because traditional journalism is fading quickly. Social media platforms have become a new distribution channel for news. Panelists disagreed on whether the problem can be solved through technology or if it is more deeply rooted in human causes for which technology has no response

2019.canadian.internet.governance.forum

From pages 18/19 in the report: it seems that outlets like Facebook have taken it upon themselves to determine what accounts are fake, and what counts as fake news.

The authors of this report, (and of IGF more broadly), keep referring to “international stakeholders”. It seems to imply that other parties should have some say over free speech on the internet, instead of Canadians themselves.

8. Canada Gov’t Bought Off Media (2018)

It’s interesting that the report talks about the decline of traditional media (which is true), but omits the tax-payer funded bailout that the Canadian Government gave. In effect, old-stock media in Canada is now subsidized even more so. Even without the IGF, the media is already pretty corrupt.

9. UNESCO Campaign Against Mis-Information

This was covered a few months ago, but UNESCO has been embarking on a serious campaign against what it calls “misinformation”. UNESCO reminds people to only trust official sources for information on coronavirus.

10. UN Wants Internet Ruled By International Law

Tremendous progress has been made internationally in accepting that international law and the UN Charter apply in cyberspace. He urged the private sector to be involved in countering the number of malevolent tools being deployed in cyberspace, especially in developing more secure software.

Combating Fake News and Dangerous Content in the Digital Age
.
The consensus from the session on Fake News was that part of the complexity to tackle disinformation was the challenge to define it. From election interference to stoking up hate or increase religious hatred, there are also other multilayered levels such as spam, and misleading types of content like opinion pieces masking as objective journalism.

Irene Poetrant, Senior Researcher for Citizen Lab of University of Toronto agreed, saying definitions matter and in order to maintain an open and democratic system, it is important for government, private sector, civil society and institutions to work together, and that fake news is not just a problem of the west but a global problem.

“Misinformation is the antithesis of Google’s mission”, said Jake Lucchi, Head of Online Safety and Social Impact. Partnering with journalists, governments, and third parties, they try to find product solutions to identify misinformation and find ways to surface authoritative content. “Young people need to have critical thinking and skills to be able to navigate the internet and check our sources.” Improved algorithms and having policies in place to prohibit hate speech are also key – providers have to ensure misinformation are not allowed on their platforms.

That page is from the November 2018 meeting is Paris. While it sounds benevolent on the surface, who exactly will be the arbitrator of what is “fake news”? Remember, UNESCO (as an example), repeatedly says that only official sources can be trusted. This comes in spite of a wealth of information that CONTRADICTS those narratives. This raises the question of can valid media be shut down if factual reporting is tagged as “misinformation”?

11. Digital Charter Long In The Making

Think that the “Digital Charter” was an idea suddenly concocted? It wasn’t. The UN Digital Cooperation Panel was launched in the Summer of 2018. When the New Zealand shooting happened in March 2019, the stage had already been set.

In a similar vein, the mass shooting in Nova Scotia appears to be a pretext for the Federal Government imposing a mass gun grab.

12. Calls To Expand Digital Cooperation

11 June 2020 – New York
United Nations Secretary-General António Guterres presented today a set of recommended actions for the international community to help ensure all people are connected, respected, and protected in the digital age. The Secretary-General’s Roadmap for Digital Cooperation is the result of a multi-year, multi-stakeholder, global effort to address a range of issues related to the Internet, artificial intelligence, and other digital technologies.

The Roadmap for Digital Cooperation comes at a critical inflection point for digital issues, with the COVID-19 pandemic accelerating digitization and magnifying both opportunities and challenges of digital technology.

digital.cooperation.roadmap.expand

But don’t worry. These resolutions and agreements won’t ever become legally binding, or anything like that. These are just ideas being thrown around.

Posted on

CV #63: Were Products Descriptions Changed, Or Were CV Supplies Ordered Years Ago?

https://wits.worldbank.org/
The World Integrated Trade Solution is a partnership between several groups, including: International Trade Center; UN Conference on Trade and Development; UN Statistical Commission; World Trade Organization; and World Bank. The (apparent) ordering of Covid-19 medical supplies in 2017-2019 raised a lot of attention.

1. Other Articles On CV “Planned-emic”

The rest of the series is here. There are many: lies, lobbying, conflicts of interest, and various globalist agendas operating behind the scenes, and much more than most people realize. For example: The Gates Foundation finances many things, including, the World Health Organization, the Center for Disease Control, GAVI, ID2020, John Hopkins University, Imperial College London, the Pirbright Institute, and individual pharmaceutical companies. It’s also worth mentioning that there is little to no science behind what our officials are doing, though they promote all kinds of degenerate behaviour. Also, the Australian Department of Health admits the PCR tests don’t work, and the US CDC admits testing is heavily flawed. The International Health Regulations (IHR), that the WHO imposes are legally binding on all members.

2. Changes In Product/Numbering System?

This article will specifically address 4 product codes that are in the WITS system as being coronavirus supplies. However, looking at the description, they appear to have general medical, scientific use.

300215 – CV test kits
COVID-19 Test kits (300215) imports by country in 2019
Additional Product information: Diagnostic reagents based on immunological reactions
Category: COVID-19 Test kits/ Instruments, apparatus used in Diagnostic Testing
Link To WITS Description

382100 – CV viral swab and kits
Swab and Viral transport medium set (382100) exports by country in 2018
Additional Product information: A vial containing a culture media for the maintenance of a viral sample and a cotton tipped swab to collect the sample put up together
Category: COVID-19 Test kits/ Instruments, apparatus used in Diagnostic Testing
Link to WITS Description

382200 – CV test kits
COVID-19 Test kits (382200) imports by country in 2019
Additional Product information: Diagnostic reagents based on polymerase chain reaction (PCR) nucleic acid test.
Category: COVID-19 Test kits/ Instruments, apparatus used in Diagnostic Testing
Link To WITS Description

902780 – CV diagnostic kits
COVID-19 Diagnostic Test instruments and apparatus (902780) imports by country in 2018
Additional Product information: Instruments used in clinical laboratories for In Vitro Diagnosis. Colorimetric end tidal CO2 detector, sizes compatible with child and adult endotracheal tube. Single use.
Category: COVID-19 Test kits/ Instruments, apparatus used in Diagnostic Testing
Link to WITS Description

3. Canadian Imports Database

https://www.ic.gc.ca/eic/site/cid-dic.nsf/eng/home

The Canadian Imports website lists the above items as generic medical imports. It’s possible that these were just normal imports, and that the codes have been re-labelled to be CV equipment.

4. Harmonized System Codes (Foreign Trade)

https://www.foreign-trade.com/reference/hscode.htm

The Harmonized System of coding results in much the same naming system as the Canadian Imports site.

5. About World Integrated Trade Solution

INTRODUCTION
The World Bank — in collaboration with the United Nations Conference on Trade and Development (UNCTAD) and in consultation with organizations such as International Trade Center, United Nations Statistical Division (UNSD) and the World Trade Organization (WTO) — developed the World Integrated Trade Solution (WITS). This software allows users to access and retrieve information on trade and tariffs. Below is list of international organizations that compile this data:

The UNSD Commodity Trade (UN Comtrade) (UN Comtrade) database contains merchandise trade exports and imports by detailed commodity and partner country data. Values are recorded in U,S. dollars, along with a variety of quantity measures. The database includes information on more than 170 countries, and features statistics that have been reported to the United Nations since 1962. These statistics and data continue to be recorded according to internationally recognized trade and tariff classifications.

The UNCTAD Trade Analysis Information System (TRAINS) contains information on tariffs and non-tariff measures for more than 160 countries. The data on tariffs and non-tariff measures are recorded at the most detailed Commodity Description and Coding System (HS), at the National Tariff Line Level. Tariff information contains not only applied MFN tariff rates, but also to the extent possible, various preferential regimes including the Generalized System of Preferences (GSP), Regional Trade Agreements (RTAs) and other Preferential Trade Agreements (PTAs) rates including bilateral trade agreement tariff rates.

The WTO’s Integrated Data Base (IDB) contains imports by commodity and partner countries and Most Favored Nation (MFN) applied and, where available, data on preferential tariffs at the most detailed commodity level of the national tariffs. The Consolidated Tariff Schedule Data Base (CTS) contains WTO-bound tariffs, Initial Negotiating Rights and other indicators. The CTS reflects the concessions made by countries during goods negotiations (e.g., the Uruguay Round of Multilateral Trade Negotiations). The IDB and CTS are practical working tools and there are no implications as to the legal status of the information contained therein.

The World Bank and the Center for International Business, Tuck School of Business at Dartmouth College Global Preferential Trade Agreements Database provide information on preferential trade agreements (PTAs) around the world, including agreements that have not yet been notified to the World Trade Organization. This resource helps trade policy makers, research analysts, the academia, trade professionals and other individuals better understand and navigate the world of PTAs.

WITS lists as its partners:

  • International Trade Center
  • UN Conference on Trade and Development
  • UN Statistical Commission
  • World Trade Organization
  • World Bank

What this amounts to is a system to track international trade of products and goods, and the tariffs that have been imposed on them.

6. UN Describes WITS As “Software”

Use UN Comtrade via World Integrated Trade
Solution (WITS)
The World Integrated Trade Solution (WITS) is software developed by the World Bank, in close collaboration with United Nations Conference on Trade and Development (UNCTAD), International Trade Center (ITC), United Nations Statistical Division (UNSD) and World Trade Organization (WTO).
.
WITS was a free software which allows you to access the major trade and tariff data compilations, inclulding the UN Comtrade database maintained by UNSD. You can obtain access to UN Comtrade data in WITS once you have obtained a subscription to UN Comtrade.
.
WITS is now fully web based. No more installation required.
For subscriptions to UN Comtrade, please contact subscriptions@un.org or visit:
https://unp.un.org/Comtrade.aspx

Text Of Descriptor

WITS is just software that the World Bank and its partners came up with in order to facilitate and aid international trade, and tariffs.

7. UN Conference On Trade & Development

https://unctad.org/en/Pages/DITC/Trade-Analysis/Non-Tariff-Measures/NTMs-WITS.aspx

The UNCTAD also describes WITS as a form of software designed to help organize and facilitate trade across national borders.

8. Shows Up In 2017-2019

Again, this could be the result of renumbering, or changing the names on existing codes. On the surface though, it looks like coronavirus supplies have been imported for years now.

Likely, it is just due to system changes, and that people (the author included), have been wondering over nothing.

While there are many reasons to go after government officials over this virus hoax, this isn’t one of them.

Posted on

Bank For International Settlements Immunity Act, And More

Bank for International Settlements (Immunity) Act
S.C. 2007, c. 35, s. 140
.
Assented to 2007-12-14
.
An Act to provide immunity to the Bank for International Settlements from government measures and from civil judicial process
.
[Enacted by section 140 of chapter 35 of the Statutes of Canada, 2007, in force on assent December 14, 2007.]
.
Marginal note: Short title
.
1 This Act may be cited as the Bank for International Settlements (Immunity) Act.
.
Marginal note: Immunity — government measures
.
2 The Bank for International Settlements, its property and any property entrusted to it are exempt from the measures referred to in Article 1 of the Protocol regarding the immunities of the Bank for International Settlements that was ratified by Canada on January 20, 1938.
.
Marginal note: Immunity — judicial process
.
3 (1) The Bank is immune from the juris-diction of any court in respect of a civil proceeding.
.
Marginal note: Immunity — property
.
(2) The Bank’s property and any property entrusted to it are immune, in respect of any civil proceeding, from attachment and execution.
.
Marginal note: Binding on Her Majesty
.
(3) Subsections (1) and (2) are binding on Her Majesty in right of Canada.
.
Marginal note: Non-application of sections 2 and 3
.
4 For reasons of national security or for the purposes of the conduct of Canada’s international affairs or the implementation of Canada’s international obligations, the Governor in Council may determine that, to the extent specified by the Governor in Council,
.
(a) the Bank, its property and any property entrusted to it are not exempt under section 2;
.
(b) the Bank is not immune under subsection 3(1); and
.
(c) the Bank’s property and any property entrusted to it are not immune under subsection 3(2)

In short, the Bank for International Settlements is immune from any jurisdiction in Canada.

It’s true that there is a provision that allows the Governor in Council to waive some or all of that immunity. However, when politicians see no issue with turning control of Canadian finances over to foreign, private interests, one has to wonder what it would take to be in Canada’s national interests.

1. Budget & Econ Statement Impl Act, (2007)

For reference, the Bank of International Settlements Immunity Act was just one part, Part 6, of the Budget and Economic Statement Implementation Act, 2007 (S.C. 2007, c. 35).

2. Protocols For Immunity For BIS

protocols.for.immunity.bank.intl.settlements.1930
protocols.for.immunity.bank.intl.settlements.1936

Throughout the 1930s, various nations signed on to ensure the Bank for International Settlements had legal immunity from legal restrictions or orders in member states. This was almost a century ago.

3. BIS Legal Protections In Switzerland

bis.switzerland.legal.status.of.bank

Article 1
Legal personality
The Swiss Federal Council acknowledges the international legal personality and the legal capacity within Switzerland of the Bank for International Settlements (hereinafter referred to as “the Bank”).

Article 2
Freedom of action of the Bank
.
1. The Swiss Federal Council shall guarantee to the Bank the autonomy and freedom of action to which it is entitled as an international organisation.
.
2. In particular, it shall grant to the Bank, as well as to its member institutions in their relations with the Bank, absolute freedom to hold meetings, including freedom of discussion and decision.

Article 3
Inviolability
.
1. The buildings or parts of buildings and surrounding land which, whoever may be the owner thereof, are used for the purposes of the Bank shall be inviolable. No agent of the Swiss public authorities may enter therein without the express consent Headquarters Agreement with Switzerland 37 of the Bank. Only the President, the General Manager of the Bank, or their duly authorised representative shall be competent to waive such inviolability.
.
2. The archives of the Bank and, in general, all documents and any data media belonging to the Bank or in its possession, shall be inviolable at all times and in all places.
.
3. The Bank shall exercise supervision of and police power over its premises.

Article 4
Immunity from jurisdiction and execution
1. The Bank shall enjoy immunity from jurisdiction, save:
.
(a) to the extent that such immunity is formally waived in individual cases by the President, the General Manager of the Bank, or their duly authorised representatives;
.
(b) in civil or commercial suits, arising from banking or financial transactions, initiated by contractual counterparties of the Bank, except in those cases in which provision for arbitration has been or shall have been made;
.
(c) in the case of any civil action against the Bank for damage caused by any vehicle belonging to or operated on behalf of the Bank.
.
2. Disputes arising in matters of employment relations between the Bank and its Officials or former Officials, or persons claiming through them, shall be settled by the Administrative Tribunal of the Bank. The Board of Directors of the Bank shall determine the constitution of the Administrative Tribunal, which shall have exclusive and final jurisdiction. Matters of employment relations shall be deemed to include in particular all questions relating to the interpretation or application of contracts between the Bank and its Officials concerning their employment, of the regulations to which the said contracts refer, including the provisions governing the Bank’s pension scheme and other welfare arrangements provided by the Bank.
.
3. The Bank shall enjoy, in respect of its property and assets, wherever located and by whomsoever held, immunity from any measure of execution (including seizure, attachment, freeze or any other measure of execution, enforcement or sequestration, and in particular of attachment within the meaning of Swiss law), except:
.
(a) in cases where execution is claimed on the basis of a final
judgment rendered by a court which has jurisdiction over
the Bank in accordance with paragraph 1(a), (b) or (c)above;
.
(b) in cases of execution of an award made by an arbitral tribunal pursuant to Article 27 of this Agreement.
.
4. All deposits entrusted to the Bank, all claims against the Bank and the shares issued by the Bank shall, without the express prior agreement of the Bank, wherever located and by whomsoever held, be immune from any measure of execution (including seizure, attachment, freeze or any other measure of execution, enforcement or sequestration, and in particular of attachment within the meaning of Swiss law).

The Swiss Government recognizes the Bank for International Settlements as an international organization, and gives it full immunities and powers over its land.

To be clear, the BIS already had very high levels and immunity long before Canada’s BIS Immunity Act in 2007. That just further cemented that immunity from Canadians or Canadian Officials.

It’s also worth pointing out that the property rights enshrined to this “international organization” far exceed the rights awarded to individuals in most nations.

4. BIS: Never Waste A Crisis

never.waste.a.crisis.banking.cv.climate.change
https://www.bis.org/review/r200717f.pdf

The pandemic is therefore a stark reminder that preventing climate change from inflicting permanent harm on the global economy requires a fundamental structural change to our economy, inducing systematic changes in the way energy is generated and consumed.

With brutal clarity, the current crisis has exposed two major risks to the global economy: first, the farreaching damages imposed on our society by a lack of prevention and early action, fostered by disbelief in science, in the face of a global shock that threatens not only the economy but our lives.

And, second, the repercussions of a failure to act collectively in a globalised world where inaction in one part of the globe can lead to highly disruptive and long-lasting spillover effects in other parts, hitting the poorest and most vulnerable in our societies most severely.

In this sense, the pandemic has been a warning shot with regard to the much greater challenge arising from climate change. In his famous speech, Mark Carney, then Governor of the Bank of England, has argued that “the catastrophic impacts of climate change will be felt beyond the traditional horizons of most actors – imposing a cost on future generations that the current generation has no direct incentive to fix”.[3] Moreover, studies have uncovered a significant lag in discerning the benefits of mitigation measures,[4] which makes it much harder to impose costs on society today if measurable results are available much later.

By making the costs of a major, truly global crisis more tangible, the pandemic may help to remove the “tragedy” from Mark Carney’s horizon: after COVID-19, the dramatic consequences of a global climate crisis may be much easier to imagine. And given the need for fundamental structural change after this crisis, the willingness to use this chance to take precautions against the even bigger risk of a climate crisis may have increased.

In order to achieve the European Union’s target of net-zero greenhouse gas emissions by 2050, our response to the growing risks of climate change has to start with the way we rebuild our economies after the pandemic.

In my remarks this morning, I will argue that three complementary pillars are needed to accelerate the transition towards a low-carbon economy: an effective carbon price, a strong investment programme and a greener financial market.

I will also argue that central banks have a role to play in mitigating climate-related risks, even within their
traditional mandates, because global warming poses severe risks to price stability.

These comments come from the European Central Bank, on July 17, 2020. They argue for using this so-called crisis for other purposes.

What a coincidence, that this “pandemic” gives these people the opportunity to impose a larger social agenda that they would never otherwise have been able to get away with.

5. BIS, UN, Carney Pushing “Climate Finance”

This was addressed in Part 7. Mark Carney was head of both the Bank of Canada, and the Bank of England. Now he’s in charge of “climate finance” at the UN, and openly threatens to make companies go bankrupt if they don’t play along with the climate change scam.

6. BIS Arguing For Bigger Change

It should be alarming to people that an organization that is not accountable to the public, (in any country), is using its powers to argue for larger societal changes. However, our politicians are puppets who simply do as they are told.

(1) https://laws-lois.justice.gc.ca/eng/acts/B-1.5/page-1.html
(2) https://www.canlii.org/en/ca/laws/stat/sc-2007-c-35-s-140/latest/sc-2007-c-35-s-140.html
(3) https://laws.justice.gc.ca/eng/acts/B-9.6/page-2.html
(4) https://www.bis.org/about/protocol-en.pdf
(5) https://www.bis.org/about/protocol-en.pdf
(6) https://www.bis.org/about/headquart-en.pdf

(A) climate.change.in.financial.sector
(B) climate.related.financial.disclosures
(C) eu.climate.goals.on.track
(D) green.light.for.economic.recovery
(E) pursuing.a.green.economy

*Disclaimers, Ethics* Proudly powered by WordPress