"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) -
(Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)
.
KPK to Give New Ministers Transparency Training

The headquarters of the Corruption Eradication Commission (KPK) in 
Jakarta. (BeritaSatu Photo)
"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 Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Thursday, December 06, 2012

China, South Korea to boost local currency usage under trade pact

Want China Times, Lin Tien-wei and Staff Reporter 2012-12-06

A ad for renminbi services on a street of Hong Kong. (File photo/CNS)

South Korea's central bank said on Dec. 4 that it will enter a 360 billion yuan (US$59 billion) currency swap agreement with its Chinese counterpart in mid-December. This will support trade currency settlements made by local companies in each country by using a yuan-won swap line.

This move is expected to boost bilateral trade between China and South Korea and promote the globalization of the renminbi.

South Korea's Seoul-based Yonhap News Agency reported that the central banks of the two countries will each open an account in the other country's central bank and deposit their local currency into a lending account. The renminbi deposits made by South Korea in China's central bank will be lent to Korean importers through the Bank of Korea for payments due to China's export enterprises. Likewise, Chinese firms can also obtain renminbi-denominated loans when exporting to South Korea.

In other words, under the agreement, South Korean firms will be able to borrow renminbi-denominated funds for trade settlements from local banks, and the BOK will lend renminbi-denominated funds secured under the currency swap line with the People's Bank of China.

If the currency swap agreement is implemented smoothly, it will encourage renminbi and won usage in bilateral trade. "We plan to arrange similar agreements with Japan and other Asian countries after this," a BOK official said.

The report said that South Korea's central bank planned on selecting lending banks to have them sign agreements related to foreign exchange loans. This would also impose restrictions on loan quotas.

To help decrease an over-reliance on the US dollar, China has aggressively promoted cross-border trade settlements using the renminbi and has signed currency swap agreements with several countries to improve the usage volume for the currency, the report said.

It added that the move would also help reduce companies' exposure to currency risks and transaction costs, as well as ease external vulnerability by decreasing a reliance on major reserve currencies.

China is South Korea's largest foreign trade partner. Last year, bilateral trade between the two countries touched US$245.6 billion, which was an 18.5% growth year-on-year. About 25% of South Korea's exports were targeted at China. Amidst growing bilateral trade, only 3% of the transactions were settled using the renminbi or the won, while most were settled using the US dollar. The currency swap agreement was signed in 2011 during a visit to Seoul by China's vice premier Li Keqiang.

While the two countries have agreed to adopt the existing currency swap to boost the use of local currencies in bilateral trade settlements, Taiwan is the only economy among Asia's Four Little Dragons that has not signed a currency swap agreement with China yet. This could mount pricing pressure on Taiwanese companies exporting to China.

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