More carmakers caught in headlights of VW engine-rigging scandal

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Volkswagen has admitted it installed illegal software into 11 million 2.0 liter and 3.0 liter diesel engines worldwide (AFP Photo/Josh Edelson)

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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.

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Leaders see horror of French Alps crash as probe gathers pace

"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. …

Saturday, January 9, 2010

Japan government to explain to 35 nations on JAL: report

Reuters, TOKYO, Fri Jan 8, 2010 9:58pm EST

TOKYO (Reuters) - Japan's government is set to explain through diplomatic channels the situation of Japan Airlines Corp, increasingly likely to go bankrupt, to some 35 nations the airline serves, Yomiuri newspaper said on Saturday.

The government, aiming to ease credit worries abroad, will also issue a statement saying it fully supports JAL's flight operations when Asia's biggest carrier by revenue files for bankruptcy, Yomiuri reported without citing a source.

Negotiations have dragged on for months as company officials, employees, policymakers, investors and even pensioners grapple over the debt-laden, loss-making airline, with a bankruptcy for JAL looking increasingly likely.

The case for a court-led restructuring, which would likely slash the value of JAL's shares, appeared to gather momentum this week when Japan's new finance minister said he expected a state-backed fund to support the airline.

The Enterprise Turnaround Initiative Corp of Japan is in talks with the government and creditors on a plan to support JAL with yet more cash if it files for bankruptcy and can get debt forgiveness from its banks, sources have told Reuters.

A pre-packaged bankruptcy of JAL would involve drastically cutting the carrier's services and providing the airline with 600 billion yen ($6.48 billion) in credit as a bridge loan, the Nikkei business daily reported on Saturday.

The government may approve the turnaround plan as early as Tuesday, with the carrier filing for court protection around the same day, the daily said.

The airline's top lenders had been pushing for a creditor-led workout but are now expected to accept the government's decision, media reports said.

During the three-year timeframe set for rebuilding the carrier, the ETIC is expected to cut 13,000 jobs, write down the value of the airline and cancel 26 domestic and overseas routes in addition to the already announced 21 routes, the Nikkei said.

While the ETIC is seeking a delisting of JAL through a 100 percent reduction of capital, which would wipe out existing shareholders, JAL management and creditors are lobbying to keep the company listed, the business daily reported.

Meanwhile, Delta Air Lines and American Airlines have been stepping up their efforts to court the carrier, eyeing its access to fast-growing Asian markets and a stronger foothold in Japan.

JAL shares tumbled 13 percent on Friday, extending losses this week to as much as 30 percent and cutting the airline's market value to below $2 billion from more than a $6 billion a year ago.

For a Graphic TIMELINE on JAL shares, click: here

(Reporting by Archana Shankar in BANGALORE and Yoko Kubota; Editing by Alex Richardson)

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