Russia is ready to meet oil needs of China – Putin at BRI forum

Confidence appears to be growing in China’s massive global trade and infrastructure network known as The Belt and Road Intiative. It’s a $1.3 trillion project that spans Asia, Europe and Africa.

At a forum, which has just wrapped up in Beijing, over $280 billion worth of agreements were signed off. READ MORE: https://on.rt.com/9t2r

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Putin speaks at 2nd Belt & Road Forum in Beijing

Russian President Vladimir Putin is holding a press conference at the second Belt and Road Forum for International Cooperation (BRF) in Beijing. The two-day forum brought together heads of state and government, entrepreneurs, representatives of financial institutions, and international organizations.

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Keiser Report: ZIRP, Then NIRP in 2019 (E1328)

Check Keiser Report website for more: http://www.maxkeiser.com/

In this third of three New Year’s specials of the Keiser Report, Max and Stacy make predictions for 2019: In terms of the US domestic politics, it will be the year of the great scramble to become the Democratic nominee to run against Donald Trump in 2020. They ponder whether or not Hillary will run again and whether or not #Medicare4All will be the biggest issue on the left. They also discuss the opioid epidemic and whether or not those ‘deaths of despair’ will finally slow down. In the second half, Max interviews guests for their 2019 predictions: Mitch Feierstein predicts ZIRP (zero interest rates policy), then NIRP (negative interest rates policy) as corporate debt and the EU implode and the yuan is devalued. Dan Collins of TheChinaMoneyReport.com predicts 2019 can possibly, at long last, be the year in which the Chinese economy actually does fall apart. Many big names in finance have predicted it over the past decade, but Dan thinks the corporate and household debt may finally catch up with the economy. Will the Chinese government force the zombie corporations and banks to die? Or will they prop them up as Japan chose to do? And what is in store for the Belt and Road Initiative and the trade war it has inspired with the US?

WATCH all Keiser Report shows here:
http://www.youtube.com/playlist?list=PL768A33676917AE90 (E1-E200)
http://www.youtube.com/playlist?list=PLC3F29DDAA1BABFCF (E201-E400)
http://www.youtube.com/playlist?list=PLPszygYHA9K2ZtV_1KphSugBB7iZqbFyz (E401-E600)
http://www.youtube.com/playlist?list=PLPszygYHA9K1GpAv3ZKpNFoEvKaY2QFH_ (E601-E800)
https://www.youtube.com/playlist?list=PLPszygYHA9K19wt4CP0tUgzIxpJDiQDyl (E801-E1000)
https://www.youtube.com/playlist?list=PLPszygYHA9K302vF9LY8cZJ4_VJB8P347 (E1001 – E1200)
https://www.youtube.com/playlist?list=PLPszygYHA9K3PH1O090X7qlN2_fxziU5M (E1201 – Current)

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Keiser Report: Outrunning Debt in 2019 (E1327)

In this second of three New Year’s specials of the Keiser Report, Max and Stacy make predictions for 2019: geo-economics and politics will be big this year as China and the US battle it out for global economic supremacy. Will the Belt and Road Initiative receive a military response? How will the trade war unfold or unravel? They also look at the Cantillon effect, Quantitative Tightening and GIABO. In the second half, Max and Stacy interview guests for their 2019 predictions: Michael Hudson for his predictions on debt and Michael Pento on whether or not China’s geopolitical power can rise fast enough to outrun its imploding corporate and household debt.

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China Built A Space Base In Argentina To Explore The Dark Side Of The Moon (HBO)

LAS LAJAS, Neuquen Province, Argentina — In the middle of the Patagonian desert, more than 40 miles from the nearest town, the Chinese have invested $50 billion in a space base they say will be used to send a rocket to the dark side of the moon.

On the base, an enormous white satellite slowly rotates next to living quarters for the Chinese scientists that man the facility, surrounded by fencing topped with barbed wire. Without an invitation, the curious can’t get closer than the gates, about a hundred yards away from the structure.

But the base also serves China’s more earth-bound ambitions, as well: To expand its reach into regions that other world powers — including the United States — have taken for granted.

“China has a general geopolitical strategy, namely the Belt and Road Initiative. This is basically an international geopolitical strategy focused on reaching trade regions, with better opportunities, as well as logistics infrastructure for positioning and importing goods they need as commodities, such as steel and copper. Everything China needs|to have a sustained growth level as well as consumption goods, such as food and soy.,” Pablo Ava, a public policy researcher with the Argentinian Council for International Relations, said in an interview.

The base is just a portion of the tens of billions China has invested in Argentina over the past decade, as part of a broader push to gain a foothold in Latin America. During the recession, at a time when other nations avoided the corruption-plagued country and Argentina was hitting the deadline to pay back billions in government debt, China swooped in with a loan that helped stabilize the Peso. China has since invested in Argentinian infrastructure and energy projects, and increased its trade with the country.

But China also took advantage of Argentina’s economic struggles to negotiate favorable terms on many of those deals. The base came at a steal: China gets access to 494 acres of land, rent and tax-free, for 50 years. The Argentine government gets access to the base just 10 percent of the time.

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