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Volkswagen emissions scandal

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Iran's 'catastrophic mistake': Speculation, pressure, then admission

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Analsyts say it is irresponsible to link the crash of a Ukraine International Airline Boeing 737-800 to the 737 MAX accidents (AFP Photo/INA FASSBENDER)

Missing MH370 likely to have disintegrated mid-flight: experts

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A Malaysia Airlines Boeing 777 commercial jet.

QZ8501 (AirAsia)

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Leaders see horror of French Alps crash as probe gathers pace

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"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, February 21, 2007

Garuda, Merpati stakes up for grabs

Ary Hermawan, The Jakarta Post, Jakarta

The government is to sell up to 49 percent and 40 percent respectively of its stakes in carriers Garuda Indonesia and Merpati Nusantara this year in an effort to overhaul their performances and help plug the budget deficit.

Garuda and Merpati will be among nine state enterprises in which stakes will be sold this year under the privatization program. In addition, the government will also sell off its minority stakes in six other companies.

"The privatization committee has approved the divestment of stakes in nine SOEs and six publicly listed firms," State Minister for State Enterprises Sugiharto said Tuesday on the sidelines of a hearing with the House of Representatives' finance commission.

Besides Garuda and Merpati, the state will also sell stakes in state firms PT Jasa Marga, Bank Negara Indonesia, PT Wijaya Karya, PT ISI, PT Iglas, PT Cambrics Primisima and PT Permodalan Nasional Madani.

Meanwhile, the state will sell its entire minority stakes in PT JIHD, PT Atmindo, PT Intirub, PT PPLI, PT Kertas Blabak and PT Kertas Basuki Rahmat.

However, the privatization committee has delayed the planned divestment of stakes in PT BTN, PT Krakatau Steel, PT Dirgantara Indonesia, PT Kertas Padalarang and five consulting firms until comprehensive studies on the firms have been completed.

In the case of turnpike operator Jasa Marga, the government plans to gradually sell of up to a maximum of 49 percent of its 100 percent stake so as to strengthen the firm's capital base and finance the construction of the Semarang-Solo expressway in Central Java, the Gempol-Pasuruan expressway in East Java and the Bogor orbital route in West Java.

As for PT BNI, the government plans to reduce its stake in the bank from the current 99.12 percent to 51 percent through both a rights issue and the divestment of 20 percent of its overall stake.

Meanwhile, the state will sell its entire stakes in PT Industri Soda Indonesia (100 percent), PT Industri Gelas (63.82 percent) and PT Cambrics Primissima (52.79 percent).

The privatization program is officially expected to generate proceeds of Rp 3.3 trillion this year, but Sugiharto said the government might revise the figure upwards to Rp 4.3 trillion.

"We still have to discuss the plan with the House budget committee," he said.

While the government is upbeat about the divestment program, privatization remains a sensitive issue.

In response to the government's plans, lawmakers decided Tuesday to set up a working committee to scrutinize the proposed divestments before giving their approval.

"We don't want the case of PT Indosat to happen again," said Nursanita Nasution of the Prosperous Justice Party, referring to the fact that the state has been left with only a 14 percent stake in Indosat after about 42 percent of its shares in the company were sold to Singapore Technologies Telemedia Pte. Ltd. (STT).

Finance Minister Sri Mulyani said the government promised to keep the privatization process transparent.

"The government, and in particular the Finance Ministry, has asked the State Ministry for State Enterprises to improve all the relevant procedures and to do everything transparently," she said.

Posted by Cempaka at 8:14 PM
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