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)

Volkswagen emissions scandal

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

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

Missing MH370 likely to have disintegrated mid-flight: experts
A Malaysia Airlines Boeing 777 commercial jet.

QZ8501 (AirAsia)

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. …

Thursday, April 5, 2007

Spending on infrastructure set to rise by 34 percent next year

Ary Hermawan, The Jakarta Post, Jakarta

The government will allocate more money for infrastructure development in next year's budget in an effort to ease the distribution bottlenecks that have seriously hampered the country's economic growth.

"The bottleneck problem will become worse in 2008 if nothing is done to deal with the infrastructure issue," Coordinating Minister for the Economy Boediono said Wednesday in Jakarta.

Boediono said that the government planned to increase spending on infrastructure by 34 percent to Rp 56 trillion (about US$6.2 billion) next year from Rp 41 trillion this year. The Public Works Ministry and Transportation Ministry would receive Rp 34.3 trillion and Rp 24.2 trillion, respectively.

The Rp 56 trillion would include Rp 7.03 trillion for the regions paid out of the Special Transfer Fund (DAK).

The coordinating minister stressed that while infrastructure spending would account for the biggest increase in budget spending, human development would also remain a top priority.

Human development, which includes education and health, would receive some Rp 83 trillion next year, an increase of about Rp 7.9 trillion over this year's figure. The human development allocation would therefore account for about 15 percent of total 2008 budget spending, which Boediono estimated would amount to Rp 554 trillion.

He said that the 6.8 percent growth penciled in for 2008 would be difficult to achieve if nothing was done to speed up the construction of infrastructure, such as new expressways and power plants.

"We have acute experience of these problems. We lack electricity, expressways, ports," he stressed.

He said that to achieve the 2008 growth target, the government would further relax its fiscal policy.

"We have decided to change our fiscal policy to support economic growth," he said, explaining that up until 2005, post-crisis fiscal policy had been primarily intended to achieve fiscal consolidation. "We have now entered a period where spending should serve as a stimulus for growth," he explained.

The country's tax to GDP ratio has slowly climbed from less than 10 percent in 1999 to 12 percent in 2006. The ratio is expected to rise to 13 percent this year. Meanwhile, with the latest debt repayment to the International Monetary Fund (IMF), the debt to GDP ratio has fallen to 42 percent from 60 percent in 2004 and 100 percent in 2000.

The government is predicting that year-on-year inflation will remain moderate at 6 to 6.5 percent next year, while Bank Indonesia (the central bank) is expected to further trim its key rate to 7.5 percent.

The oil price reference employed for the 2008 budget is

US$57 per barrel, while the country is expected to produce 1.034 billion barrels per day.

Foreign exchange reserves are forecast to grow to between $59.3 billion and $61.1 billion next year, from $51.6 billion at present, with the average rupiah-U.S. dollar exchange rate remaining at Rp 9,300 per dollar.

"It is actually possible to achieve 7 percent growth, as we did before the 1998 crisis, which in itself was a remarkable achievement. The difference now is that we have to do it in a different social and political environment -- a more democratic society," he said.

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