More carmakers caught in headlights of VW engine-rigging scandal

More carmakers caught in headlights of VW engine-rigging scandal
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. …

Monday, March 23, 2009

Minister says RI, China may settle Merpati contract soon

Mustaqim Adamrah, THE JAKARTA POST, JAKARTA | Mon, 03/23/2009 1:22 PM

The government is expecting the protracted contract dispute between ailing state airline company PT Merpati Nusantara Airlines and China's Xi'an Aircraft Industry can be settled this week, State Minister for State Enterprises Sofyan Djalil says.

"We still need more discussions; between Merpati and Xi'an; and between the Indonesian government and the Chinese government," Sofyan told The Jakarta Post recently.

"We're settling this problem. We hope to resolve this by next week (this week) and hope no more talks are required. We'll announce the result next week (this week)," he said.

Acting Coordinating Minister for the Economy Sri Mulyani Indrawati flew to China Wednesday to resolve several problems hampering China's pledge to finance the country's 10,000 megawatt power projects.

These problems include the contract disputes with China and Xi'an.

The dispute started in 2008 when Merpati failed to honor its commitment to pay up US$230 million for the purchase of 15 Xinzhou-60 aircraft, at a price of around $15 million each.

The commitment was stipulated in a contract Merpati signed in 2006 with Xi'an. Merpati used a soft-loan facility from the China Export Import Bank to finance the purchase.

Partly due to its financial problems, Merpati is now placed under a financial restructuring program run by the Asset Management Company (PPA).

Xi'an has said it might take the dispute to international arbitration.

With Merpati's "huge" debts, the dispute apparently widened to the extent that there was growing speculation that the row between Merpati and Xi'an may have played a part in holding back loan disbursements for the 10,000 MW projects led by state power company PT Perusahaan Listrik Negara (PLN).

Chinese lenders would be likely to stick to their positions until the Merpati debts are settled.

Since there were no other options open, Merpati and PLN finally passed on the dispute to the government for settlement.

"Merpati already has had business-to-business negotiations with Xi'an four times (to settle the dispute). But there were no agreements on some points (in our negotiations)," Merpati president director Bambang Bhakti said, after a meeting with Vice President Jusuf Kalla at the vice president's office Friday.

"So, this will go back to government-to-government (talks)," he said, adding the company would only be able to pay for eight aircraft.

"We start making an operating profit but we're still on our way to recover. How are we going to repay our debts?" he said refusing to elaborate.

A presidential palace source said the government would now cover half of the Merpati debts to Xi'an.

PLN president director Fahmi Mochtar has now ensured that Chinese financiers would stick to their commitment to help fund the power projects. The crash energy program needs $8 billion to be completed. PLN has so far secured $6.4 billion.

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