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Sunday, May 20, 2012

Germany Worries About Its Gold Reserves

Philipp Missfelder, member of Germany’s Christian Democratic Union, tried to inspect German gold reserves stored in New York, but was not given access. (Getty Images)
Philipp Missfelder, member of Germany’s Christian Democratic Union, tried to inspect German gold reserves stored in New York, but was not given access.
(Getty Images) 
German politicians and accounting bodies want more guarantees concerning the security of Germany’s gold reserves, with Germany’s federal audit office due to report to the finance committee of the German Parliament on the matter.

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Germany’s Gold Hoard by Ron Fraser and Andrew Miller

Germany’s gold reserves may prove a powerful weapon in the troubled world economy. (Thomas Coex/AFP/Getty Images )
Germany’s gold reserves may prove a powerful weapon in the troubled world economy.
(Thomas Coex/AFP/Getty Images)
Gold skyrocketed to over us$1,800 an ounce on Tuesday. One nation gained powerfully as a result: Germany.
As the markets fixate on Europe, seeking to understand the complexities involved in Franco-German moves to stabilize the eurozone and hence the global economy, little attention has been paid to a crucial component of German power in this whole equation—Germany’s gold hoard.
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Saturday, May 19, 2012

Did the Holy Roman Empire Plan the Greek Crisis? by Gerald Flurry

The Greek riots are a sign of a far greater upheaval that is threatening to engulf much of Europe.
(Aris Messinis/AFP/Getty Images)

I’d like to add my thoughts to a critical article written by Richard Palmer, titled “Who Will Stop the Greece Fires?” It was placed on our website Dec. 16, 2008.
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Friday, May 18, 2012

Italy Calls in the Army to Protect Tax Collectors


Italy’s Interior Minister Anna Maria Cancellieri announced May 13 that Equitalia, the private company that collects taxes, and Finmeccanica, an aerospace and defense conglomerate, may receive military protection after they were attacked by anarchists.
Cancellieri warned that the army may also need to protect Italy’s high-speed rail network. 
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Somewhere In Nigeria by Faith Abiodun


Twitter. Trends. Nigeria

#somewhereinNigeria

In one sudden flash, young Nigerians have taken to Twitter like an army of vultures on post-World War II Japan. The last couple of months have witnessed such an influx of opinion makers and shameless attention-seekers to the Twittersphere, that one wouldn’t be surprised if the elderly ones start to challenge the younger ones thus: “Don’t you know I started using Twitter before you?” A daily dose of Twittercetamol always leaves one energized with entertaining contributions from ALIBABAGCFR, Denrele Edun, Don Jazzy, Eggheader, Ogundamisi, Tolu Ogunlesi, Chinedu Ekeke, MrFixNigeria and several others. No day is complete without the endless list of people begging D’banj and Darey for a retweet; no day is complete without ALIBABA’s knock-knock jokes; no day is complete without MrFixNigeria making new enemies with occasional provocative tweets, and you can trust Chinedu Ekeke and co to take him to the cleaners within seconds. Twitter is always fun, but today things are getting serious.
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Omojuwa interviews Senator Bukola Saraki


Senator Bukola Saraki spoke to Omojuwa.com’s Japh and Fiyinfoluwa Elegbede. We spoke on issues ranging from his current travails with the police, the Senate and it’s allowances, the competence (or otherwise of president Jonathan), his tenure as Kwara State Governor and the issues around the N21 billion loan saga amongst others.

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Saturday, May 12, 2012

Still on Failing State & Fading Peacekeepers by Nasir El-Rufai

Last week’s column on our nation’s peacekeeping failures ruffled more than a few feathers both within the defence establishment and corridors of executive power. That was expected, because when those wasting our resources in the name of our defence become exposed in the way our peacekeeping capacity has rapidly deteriorated, all kinds of motives will be imputed to divert attention from the wanton looting of the defence and security budgets going on between the presidency and the agencies concerned.
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Between Terrorism and Corruption – Implications For Nigeria : Paper Presented by Nasir El-Rufai

Between Terrorism and Corruption – Implications for Nigeria
(Draft for Discussion)
Nasir Ahmad El-Rufai
Protocols
Introduction
I am pleased to be with the Silver Knights this afternoon to share my thoughts about two issues that confront our nation – terrorism and corruption. As a well-known opposition figure, I want to state clearly that the views expressed here are mine, and not of the political party I belong to – the Congress for Progressive Change. Secondly, my opinions are based on my interpretation of facts on the ground and research done by others, and not driven by politics.
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To Your Tents, O Nigerians! By Faith Abiodun

Why is everyone tired of Nigeria? Rather, why shouldn’t they be tired of Nigeria? 


It was about 8:30am and I needed to make a quick stop on my 4-hour drive from Syracuse to the United Nations headquarters in New York City. I pulled over at the closest gas station somewhere around Philadelphia and went into the store to conduct quick business. Ten minutes later, I emerged with my breakfast and set about resuming my trip, but wait, I needed to grab an extra bottle of water. I went back into the store and returned with a bottle but noticed someone tailing me as I exited. I swung around and came face to face with a young man who was smiling intently at me. Wait a minute, what’s this about?

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Musings From 35,000 Feet By Faith Abiodun

I’m sitting precariously at 35,000 feet above the earth, on a Delta Airlines flight from Atlanta, Georgia to Syracuse, New York; thinking back on the activities of the weekend. I was at an event in Columbia, South Carolina on Saturday where former US President, Bill Clinton was guest speaker. I’ve always been fascinated by the Clintons, and it’s barely three weeks since I was listening to Hillary talk about the role of young people in building a better world. Hillary spoke directly to me on Monday April 23, 2012 when she said “Be skeptical, but don’t be cynical”. She was talking about why young people need to be engaged with
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Rashidi Yekini Was Murdered By Segun Odegbami

This is one of the most difficult articles I have ever written.

I now believe that the universe sought me out some months ago for an assignment, to bear witness and to testify in the unfolding events surrounding the life and death of Rashidi Yekini! But why me?
Within the football circle I believe I am one of a very few persons that Rashidi Yekini was comfortable with. Secondly, in the past three months I have had the closest interaction with the man up till the time I received the shocking information that he had died. I could not relate the news with the circumstances of his life during this period. Some things simply did not fit the picture being painted. And someone needed to testify, clarify and debunk the ugly and false stories being peddled around to justify Rashidi’s death.

Since I received a call from him three months ago, I have learnt a great deal more about him, the things that happened to him, why he lived his life the way he did, that he was not physically or mentally unstable, that he ran into some misfortune and that he needed support and help to get back on his feet. I have known Rashidi since our days together in the Shooting Stars FC team in Ibadan, when as twin strikers in the 1984 African Club championship we had terrorised defenders all over Africa, freely banging in goals on our way to that year’s finals where we lost! That was to be my last year with Shooting Stars and indeed with football. It was his first year!


Beyond that we had kept a good relationship from a distance. Through the years I had tried to understand his choices of the kind of life he lived without criticising or even counselling him. His decision to join Abiola Babes FC of Abeokuta, his choice of going to play in Cote D’Ivoire, moving to Europe, making the Chairman of Africa Sports FC of Abidjan, an Ivorien, his agent and manager throughout his career, all were totally of his own independent making. This clearly defined his character, that in spite of his obvious limitation in terms of academic capacity from the onset, he left no one in doubt that he was his own man and would choose his own path. He was very fiercely independent minded, never getting involved in the agitations, the politics, the power-play and the intrigues between officials and players, and even amongst the players themselves. All he cared about was to get on the field where he was extremely competitive and play football. He loved scoring goals and hardly ever exuberantly celebrated his goals. Thats why his first goal in the World Cup of 1994, against Bulgaria, and the manner he celebrated it remained the most memorable picture of that years’ championship.

As a player Rashidi was as reclusive as could possibly be. In camp players, that players had to share rooms in pairs, was the reason he lived with anyone. He was that kind of person. He would have preferred to be alone and enjoyed the solitude of his chosen way of life. Football gave him the only outlet to the rest of the world. Otherwise, you would find him sleeping, or saying his prayers, or playing pranks and cracking jokes with the players that visited his room.
Beyond football, Rashidi did not want anyone coming too close to him, to know too much and to meddle in his business. He kept his activities very close to his chest. So, even as we interacted as often as certain events brought us together I noticed his cautiousness. He was a very sensitive person. he tried never to hurt anyone, preferring to cut off any relationships that threatened his regimented sequestered lifestyle. One thing I was very sure of about him was that he never asked anything from anyone, and never wanted to depend on anyone for anything.

Football for him had provided all his needs. In short, for Rashidi Yekini, football was everything and the only thing in his life. It offered him the opportunity to escape from the pangs of poverty and he decided that the safest and best way to secure his future was not to fall victim to any smart Alecs, or scammers, or fraudsters, or business persons with sweet tongues that could talk him into parting with his hard-earned money. He did not want to be used or confused. So he built an impregnable wall around his existence, trusting only very few (he felt safer amongst the Hausa community, and did most of his very few business dealings with them). He worst fear was to lose his money. Thats why his celebrated one and only marriage crumbled after 3 months. He did not trust the motive of his wife for marrying him. So, he left the marriage before it even started. The same attitude underlined his relationship even with his family members. He took care of them, and provided for them, but from a safe distance.


t was a dangerous mixture – to be rich and famous and to be reclusive. Stories were bound to regale such an existence and with Rashidi they came in torrents. Yet, I fully I respected his choice of life and how he chose to live it, even though my every instinct wanted to support and guide him through the turbulences that I knew he would have to face managing unprecedented fame and fortune for a young man coming from his background.

No one knew this whole scenario would become the apparatus for his tragic end.
Rashidi’s death now raises many questions with no answers. The stories about his state of mind have clouded the circumstances of his death that should have been thoroughly investigated to show how, where, why he died the way he did.

I know a mad man when I see one. I can testify unequivocally along with some others that knew Rashidi from close-up that there was nothing wrong with him at the time he was abducted and died. Indeed, he was hale and hearty. Rashidi was not ill. He was fit and sound of mind and body. He even trained on the day he was forcefully taken away by people that have not come out to tell the world why they took him, where they took him, what happened there, who treated him for what ailment, what he died of, and so on. I can also testify that it was the misfortune that befell him a few years ago, that caused him great distress to the extent that he almost lost his life and his mind when his partner was killed and he lost most of his investment in their joint venture. That period was what some of his family members are saying to justify their wicked action in forcefully leading him to his death.

Rashidi was very so much into himself. He had very few close friends and kept even them in the dark about his plight and pains, preferring to deal with the issues himself. So, he did some ‘irrational’ things. So what?. Who would not do irrational things if they lost almost their entire fortune in one fell swoop? It took Rashidi a while to get over it (some two years or so). Playing his football daily, watching movies at his closest friend’s video shop, seeking some spiritual help, avoiding the public and public places, and bearing his own grief alone gradually eased the pain.
Thats where his life was when from out of the blues he rang me up. Rashidi had never done that in all our relationship. I was the one who always did the initial contacting. But some three months ago, he called me himself, and so started a new relationship that was going to bring Rashidi Yekini back to the game he loved with uncommon passion. I had assured him, after he had assured me he would fully cooperate, that he would never be far away from the game again. I assured him that the game could still help restore his lost fortunes. That he had to play it differently this time with kids as his instruments of change. He would help to nurture them, by showing and teaching them how to do the things he did best – position himself at the right place at the right time, evade tackles, and shoot accurately and powerfully with both feet, and score goals on the field of play. He was excited and raring to go. We had started discussing with companies and organisations in Lagos that would provide funds and logistical support.

Then everything came to a shuddering halt. The light of our great dreams was extinguished last week. The news came that a hale and hearty Rashidi, who finished training one evening, and had driven himself home, had been abducted by some family members, taken to an unknown destination for medical purposes, kept there for weeks without anyone’s knowledge but the perpetrators of the act, had died under circumstances that no one has been able to explain to the public.

Again let me emphasise: Rashidi was not sick at the time he was abducted. Rashidi was never mad. He could have had periods of some depression but those were in the distant past. The Rashidi that I saw, drove in his car, sat with for over one hour planning for the future, that called me up several times after that, that met with my emissaries after that, that kept in touch even with my office, that I wrote about in my column some 5 weeks ago, was not sick, or ill, or suffering illusions, or delusions, or hallucinations.
I am here testifying that Rashidi must have been ‘killed’ either ignorantly, deliberately or even inadvertently by those that did not understand what was going on with him, that had their own motivation for doing what they did by forcefully taking him away to an unknown destination for some kind of unclear, unauthorised spiritual or medical intervention that eventually killed him. That neighbours even witnessed the abduction and described it in gory detail requires that the law enforcement agencies should take up the matter immediately, to investigate what exactly happened and why Nigeria’s national hero and treasure, an African football legend in the true sense, should die the way he did.

Rashidi will not rest properly until justice is done.
Rashidi’s death must not be swept under the carpet. He died under circumstances that reek of conspiracy and murder!

That's why the police must step in today!
Culled from Mathematical 7 (Segun Odegbami’s blog)
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Wednesday, May 9, 2012

Britain Tells Germany to Rearm by Richard Palmer


Britain’s military establishment has a shockingly shallow grasp of history. British Defense Secretary Philip Hammond said Germany must recognize “that it can’t continue to be the dominant economy in Europe without also significantly increasing its military capability,” after talks with his German counterpart Thomas de Maiziere in Germany, May 2
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Merkel and Monti Revive Old Berlin-Rome Axis by Ron Fraser

Ron Fraser examines the next step for Germany as it has already lost an ally in Nicholas Sarkozy as he lost the election to Francois Hollande. Angela Merkel looks to Mario Monti for a new partnership.

Sixty years of work by European elites to create a united Europe consummated recently in two events that bring the seventh and final resurrection of the Holy Roman Empire much closer to being a current-day reality.
First, the “Berlin Group,” a fringe EU group of nations formed out of a German idea promoting the regular meeting of foreign ministers of the European Union’s leading economies (excluding Britain), recently launched the idea of creating the office of a European supremo
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This Is Germany’s Moment! by Brad MacDonald

In this article Brad MacDonald provides an insight into events around Europe and what steps the Germans are taking to take full advantage. Happy reading.

It appears the current phase of Europe’s debt crisis is entering its last hour. We’ll know soon, but it’s possible the weekend of May 5, 2012, will be remembered as a transformative moment in the history of Europe.

Once again, the nation at the center of it all is Germany.
On Sunday, a noteworthy chain of events will culminate in France’s run-off presidential election. While many of the events in this chain appear unrelated, with each unfurling in its own distinct way in a city or within a government in a different country, they’re threaded through with a common theme: frustration with Germany, and specifically, Berlin’s unrelenting demand for Sparmaßnahmen (austerity).
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