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04/10/2023
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Toma nota.../Take note...

Before the collapse of Silicon Valley Bank, the Fed spotted big problems

The Liquidity Crunch predicted in our pages has now begun. The Fed was on a clear path towards tightening into economic weakness, very similar to what they did in the late 1970s and early 1980s during the stagflation era and also somewhat similar to what they did at the onset of the Great Depression. Former Fed Chairman Ben Bernanke even openly admitted that the Fed caused the depression to spiral out of control due to their tightening policies. This past week the US Bond's yield curve has been inverted, signaling a potential liquidity crunch.

 

Silicon Valley Bank was the biggest bank failure since the 2008 Global Financial Crisis.

 

 

Sydney, Mar.19.– Silicon Valley Bank’s risky practices were on the Federal Reserve’s radar for more than a year — an awareness that proved insufficient to stop the bank’s demise.

The Fed repeatedly warned the bank that it had problems, according to a person familiar with the matter.

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World is changing, so must the UN Security Council

In practice, the UN Security Council has formal and informal debates, which lead to ‘resolutions’ or ‘decisions’—these official decrees are like the laws that are passed by U.S. Congress, with one key difference in the Security Council: All votes are not equal. In the Security Council, the permanent five members have veto power over substantial resolutions. Under the U.N. charter, the permanent five alone hold the veto. When a member of the P5 votes against a resolution, it fundamentally ends it, even though the other 14 members might have voted yes. Overall, Russia has been the most frequent veto user, followed by the U.S. and the U.K.

New Delhi, Mar.14.– Rajya Sabha MP Dr Radha Mohan Das Agrawal, as a member of the Indian delegation to the 146th Inter-parliamentary Union summit in Bahrain, on Monday suggested that the United Nations and its Security Council (UNSC) must be open to adapting to change. Dr. Radha Mohan Das AgrawalDr. Radha Mohan Das Agrawal

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Generosa acogida de Polonia a los refugiados de Ucrania desde el comienzo de la invasión rusa

Polonia es el país de la UE que ha sentido con más fuerza la Guerra de Ucrania y se ha volcado en ayudar a los ucranianos. Según el presidente de los obispos polacos, Stanislaw Gadecki, Cáritas Polonia y las Cáritas diocesanas ayudaron de diversas formas a más de 2 millones de refugiados, con:

- alojamiento y sustento,
- paquetes de alimentos,
- ayuda en especie, dinero, objetos,
- orientación para el asilo en Polonia.

 

La Iglesia Católica polaca hace balance de la ayuda a Ucrania un año después de la invasión rusa

 

Varsovia, Feb.28.– Desde el 24 de febrero de 2022, más de 8,5 millones de refugiados procedentes de Ucrania han cruzado la frontera con Polonia. Han sido acogidos en diversos lugares: hoteles, albergues, casas monásticas y parroquiales, y a menudo también en casas particulares.

Caritas presta ayuda humanitaria a refugiados ucranianosCáritas Polonia ha prestado ayuda a unos 2 millones de refugiados procedentes de Ucrania. En Polonia hay 32 Centros de Asistencia Permanente para Migrantes y Refugiados, que en 2022 prestaron ayuda a decenas de miles de personas procedentes de Ucrania. Hasta la fecha, los Caballeros de Colón han establecido ocho Centros de Misericordia en parroquias polacas.

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Los mejores drones militares del mundo

Los drones grandes para combate y vigilancia más conocidos son los estadounidenses Predator y Reaper. Ambos son fabricados por la empresa americana General Atomics y pueden armarse con distintos tipos de misiles tierra-aire o guiados por láser. Cuentan con una autonomía de vuelo de alrededor de 14 horas. Sin embargo, el Bayeaktar TB2 (también conocido como Bayraktar TB2) de fabricación turca ha llegado a recibir reconocimiento mundial por su uso durante la guerra entre Rusia y Ucrania que se desarrolla actualmente. Esto es debido a su gran capacidad de ataque sobre posiciones enemigas tanto fijas como móviles.

La Guerra de los Drones: así son y así atacan

Bayraktar TB2Bayraktar TB2La guerra en Ucrania es también una guerra de drones. Sobre todo, en una fase inicial donde Ucrania dio a conocer al mundo las capacidades del avión no tripulado de fabricación turca Bayraktar TB2, golpeando objetivos estratégicos y simbólicos del ejército ruso.

Feb.23.– En esas semanas iniciales del conflicto, en las que Ucrania consiguió parar el avance ruso, hubo hasta canciones dedicadas al artilugio militar no tripulado: «Los ocupantes vinieron a nosotros en Ucrania con sus nuevos uniformes, vehículos militares pero sus equipamientos se derritieron un poco: Bayraktar… Bayraktar».

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Is the high inflation rate fading already?

Governments, particularly in the United States, are bragging that inflation is declining. How they measure it is the issue. The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of tens of thousands of consumer goods and services. The most upbeat data we are seeing, however, refers to a Core Inflation Index that includes many consumer products and services but excludes those from the food and energy sectors. The final rate is therefore substantially lower than the CPI because the inflation rate was 10.1% in the food sector and 8.7% in the energy sector during the 12 months ending in Jan. 2023. Thus, the real impact of inflation on the underprivileged and lower middle class is concealed.

 

Why inflation will be hard to bring down


(The Economist).– Financial markets are floating high on optimism. Investors are increasingly betting that inflation, the world economy’s biggest problem, will fall away without much fuss. America’s S&P 500 index has been buoyant this year, European shares even more so, and money has poured into emerging economies. But what if investors are wrong to be so cheery? (...) the battle with inflation is far from over. Six of the big, rich G7 countries enjoy an unemployment rate at or close to the lowest seen this century. It is hard to see how underlying inflation can dissipate while labour markets stay so tight (...) it would be a problem for central bankers, who are judged against their targets. And it would blow a hole in investors’ optimistic vision.


Inflation will be harder to bring down than markets think

Investors are betting on good times. The likelier prospect is turbulence.

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