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Thursday, 09 August

22:00

Facility shopping is fanning financial risks "IndyWatch Feed Politics.pg"

Argentina has announced that it is seeking financial support from China to help manage its currency crisis. It is engaging in a process that has become known as facility shopping. Countries facing an economic crisis now have plenty of options for where they can get financial assistance. The goal of facility shopping is to obtain the largest amount of financial assistance possible without having to undertake difficult economic reforms in return.

While facility shopping might be appealing for the country facing a crisis, it is a worrying trend for the global economy and could have profound implications for the international geopolitical landscape.

If a country suffered a crisis back in 1980, there was only one person the finance minister needed to call: the managing director of the IMF. The IMF would assess the financial shortfall, analyse the root causes of the crisis and offer financial support, provided the countrys finance minister was willing to undertake the economic reforms prescribed by the IMF.

Today it is a different story. Embattled finance ministers have many more options. The IMF often plays a smaller role. Ministers could go to a regional financing mechanism, such as the European Stability Mechanism or the Chiang Mai Initiative Multilateralization. They could go to a development bank, such as the Asian Development Bank. They could seek a bilateral currency swap line from the central bank of another country. Or they could go to the finance ministry of another country for a bilateral loan.

The loan Argentina is seeking from the Peoples Bank of China is the latest example of facility shopping. Mongolia sought similar assistance from China over the last several years to deal with its own crisis. Indonesia sought a credit line with the Asian Development Bank during the Taper Tantrum in 2013, rather than seeking one from the IMF. In 2015, Greece tried to get a better deal out of the European Union and the IMF b...

02:17

O'NEILL KEEPS LYING THROUGH HIS FALSE TEETH ABOUT THE ECONOMY AND LOANS "IndyWatch Feed Politics.pg"

Most Papua New Guineans watched the telecast of Wednesdays Parliament seating with utter disgust and disbelieve. I for one was very sickened to hear a response from the Prime Ministers mouth on the floor of the honourable house on the question put to him both by Lae MP John Rosso and Madang MP Brian Kramer. In his responses, he did three reckless and senseless things:
1. He LIED in broad daylight about the total sum of loans
2. He THREATENED to suffocate an entire district from development funds
3. He FORCED everyone to only trust what comes out from his mouth and not from any internationally independent organizations and observers
This write-up is a comprehensive analysis that will not only maintain that ONeill has lied, but will go ahead and expose ALL loans for everyone to calculate and confirm whether ONeill loan figure of K24 Billion is correct or the reports from International Monetary Fund (IMF) and World Bank of K70 Billion and K60 Billion respectively are correct.
Now, before we go further, here are few points to consider. Firstly, some of the huge loans we may have heard of are procured outside of the National Budgets gazette and outside of Parliaments approval. All these loans are not recorded with the Department of Treasury. They are regarded as Off Balance Sheet debts. They may not necessarily be a source in terms of hard cash money but is flexible and can come in the forms of projects, (like most of the Chinese Infrastructure loans).
...

02:10

FAKE PASTOR ROBIN ISAAC EXPOSED AS A SUGAR DADDY AND PORNSTAR "IndyWatch Feed Politics.pg"

by TONY JOHN
(Rumors has it that there are some or most young women who have been and are members of the Kanamanda Apostolic Division are being pregnant (unwanted) or were and are likely to be and are single mothers with bastard child/children Suspected outcome of fornication and adultery amongst church members, and Robin himself as a result of Robin's distorted and fabricated revelations boosted by disco like stimulating shows and half naked presentations that aroses sexual desires in the pretext of Christianity)

This post answers Robin ISAAC's question to my earlier post titled
His response to my earlier post: " Is Polygamous family sin?" "Is Polygamous geneological biblical history a will of God?" Rather than using shortcut conclusive judgmental evil words like: satanic, demonic, Antichrist, adultery, cult, porn, fornication, false prophets, etc. These words are not the Truth. Even the Truth does not know these words. They never hurt God's people for the Truth defines them all.

My Response; IS POLYGAMY SIN? Quick answer to his question is, YES Polygamy is Sin!! Is POLYGAMY A WILL OF GOD? Hahaha! No Robin, it's not a will of God but of men!!

In your response I don't see any logic to go along with my post but it's good you have raised two sensitive questions that I am obliged to answer, and have already provided quick answers. Since I see you're lacking common and Biblical understanding to support your poorly conceived evil lifestyle against the will of God, I am eager to provide detailed explanation with Biblical references to my quick answers so that you know exactly where you are when Truth prevails.

I will clarify and explain that Polygamy is Sin and morally not accepted by God in the Bible. We will explore God's approach towards Polygamy by his Laws and finally his Grace. Then we will conclude that Polygamy is adultery and adultery is sin.

GOD ALLOWED, CONDEMNED AND THEN REGULATED POLYGAMY IN THE BIBLE

God never encourages or planed for polygamy in his creation, polygamy is a men made idea and practice, and not of Gods will.

God first allowed, then condemned and then regulated polygamy as soon as Adam and Eve began to multiply on earth. Probably, Polygamy must have been usef...

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