"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.) -

“ … 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.)

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. …

Wednesday, December 02, 2009

Indonesia Expresses Faith in Shariah Bonds Despite Dubai World Debt Crisis

The Jakarta Globe, Muhamad Al Azhari & Aditya Wikrama

The Finance Ministry is confident the Dubai debt crisis will not damage investor confidence in government Islamic bonds. PT Indosat, however, has downsized its upcoming sukuk issue by more than half. (Antara Photo)

The Finance Ministry said on Tuesday that it remained upbeat about investor appetite for sukuk , or Shariah bonds, and had not changed its plans to issue more next year, but acknowledged that the Dubai crisis could affect the market.

“[Dubai World subsidiary] Nakheel’s problems will add to the list of corporate Islamic bonds that have defaulted” in the past year, said Rahmat Waluyanto, the ministry’s director general for debt management. However, while some corporate issuers of sukuk had defaulted globally, the Indonesian government Islamic debt was unlikely to be affected, he said.

“While the Dubai World crisis could have some impact on capital inflows into emerging markets, the government is still upbeat that investor confidence in the country’s sukuk remains high” in the longer term, he said. “This is because Indonesia’s prospects and our long-term economic fundamentals remain good”.

Nakheel, Dubai World’s real estate business, reportedly has $3.5 billion of Islamic debt paper maturing on Dec. 14, and other liabilities worth $980 million maturing on May 13, 2010.

This debt is unlikely to be repaid on time, after parent company Dubai World said on Thursday that it would ask creditors to defer payments on total debt of $59 billion for six months as a first step to restructuring, sending warning signals to the Islamic bond market.

PT Indosat, the nation’s second-largest telecommunication company, announced on Tuesday that it planned to downsize its sukuk issue this month to Rp 200 billion ($21.2 million) from the initially planned Rp 500 billion. “We’re trying to accommodate the demand for Shariah bonds,” said Adita Irawati, a spokeswoman at Indosat, implying that the demand for its sukuk would be lower than expected.

Although analysts are now saying Dubai’s debt crisis is a test for Islamic finance, Rahmat said there would be no change in the government’s plans for sukuk issues next year.

“There will still be regular auctions for the sale of conventional as well as retail sukuk. There will also be global sukuk issuances, as the government still has a strong commitment to develop the market,” he said.

The crisis could even be a boon for investors, who could switch from Dubai sukuk to the local bonds, he said. “Let’s wait and see what happens in the next one to two months,” Rahmat said.

The government has issued a variety of Islamic debt in the past two years, to both large institutional investors and retail buyers, including $650 million worth of dollar-denominated Islamic bonds it sold in February. It now plans to introduce project-backed Islamic bonds by the end of the year in an effort to diversify its budget financing sources.

Proceeds from the bonds would finance government projects, mainly in infrastructure, and those same projects would serve as the bonds’ underlying value, Rahmat said in July.

In 2010, the government plans to raise Rp 104 trillion from issuing a wide array of government bonds, including sukuk, on the domestic and local market. However, it has not issued figures on what proportion of the debt will be in Islamic bonds.

Mahmoud Abushamma, the head of HSBC Amanah Indonesia, the bank’s local Shariah unit, said he did not believe investors would treat all Islamic bonds the same after Dubai’s problems. Indonesian debt would not be compared with the emirate’s, he said.

“Indonesia is a much bigger country, with a much bigger economy and population. Indonesia has real manufacturing [industry], a lot more diversity in its economy. From that point of view, the effect [on sukuk] will not be negative,” Mahmoud said.

Wawan Hendrayana, a bond analyst at PT Infovesta Utama, said that he believed the local demand for Shariah finance products would stay high next year as the concept was still relatively new and popular. Options for Shariah-based investment are still limited in Indonesia, which was keeping demand high for local products, he said.

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