Author: Ron Chambers

US Dollar’s Status as Dominant “Global Reserve Currency” Drops to 25-Year Low

Wolf Richter – March 31, 2021

The global share of US-dollar-denominated exchange reserves dropped to 59.0% in the fourth quarter, according to the IMF’s COFER data released today. This matched the 25-year low of 1995. These foreign exchange reserves are Treasury securities, US corporate bonds, US mortgage-backed securities, US Commercial Mortgage Backed Securities, etc. held by foreign central banks.

Since 2014, the dollar’s share has dropped by 7 full percentage points, from 66% to 59%, on average 1 percentage point per year. At this rate, the dollar’s share would fall below 50% over the next decade.

Not included in global foreign exchange reserves are the Fed’s own holdings of dollar-denominated assets, its $4.9 trillion in Treasury securities and $2.2 trillion in mortgage-backed securities, that it amassed as part of its QE.

The US dollar’s status as the dominant global reserve currency is a crucial enabler for the US government to keep ballooning its public debt, and for Corporate America’s relentless efforts to create the vast trade deficits by offshoring production to cheap countries, most prominently China and Mexico. They’re all counting on the willingness of other central banks to hold large amounts of dollar-denominated debt.

But it seems, central banks have been getting just a tad nervous and want to diversify their holdings – but ever so slowly, and not all of a sudden, given the magnitude of this thing, which, if mishandled, could blow over everyone’s house of cards.

https://wolfstreet.com

YouTube Intensifies Attack on Religion, Removes ANOTHER Faith-Based Channel

Kayla Sargent – April 1, 2021

YouTube removed yet another faith-based channel as the platform continues its relentless assault on religious liberty.

YouTube has a long history in deplatforming channels with dissenting opinions, and Christian media organization theDove alleges that it is the latest victim in the platform’s crusade. “On March 22, 2021 the Dove was permanently banned from YouTube,” theDove’s website stated. “Over 15,000 interviews and segments have been posted to YouTube and the Dove has experienced millions of views. In today’s cancel culture YouTube has deleted every video.”

YouTube spokesperson Ivy Choi told Free Speech America that “In accordance with our long standing three-strikes system, we terminated the channel theDove for repeatedly violating our COVID-19 misinformation and presidential election integrity policies.”

It appears as though theDove plans to fight back. “We are dealing with two fairly significant law firms, one in Washington D.C. and one in California, to see if there’s any recourse we may have to retrieve our 15,000 videos,” Perry Atkinson, the organization’s CEO and president, told NewsWatch 12. “We are looking into three other platforms as to whether or not we can re-establish a way to distribute our videos.”

TheDove’s removal was not the first time that YouTube targeted a conservative, or even a faith-based organization. The platform recently removed LifeSiteNews’ channel, and even censored Senate testimony from doctors on COVID-19. YouTube additionally censored a Newsmax interview with former President Donald Trump.

Unfortunately, Google’s massive video-sharing platform does not appear to be slowing down its censorious campaign anytime soon. TheDove was not the first religious organization censored by YouTube, and it likely won’t be the last.

https://newsbusters.org

Canadian Doctors Baffled by Mysterious Brain Disease

Lynn Allison – April 1, 2021

There have been dozens of cases of a mysterious, previously unknown brain disease that causes memory loss, hallucinations, and muscle atrophy striking Canadians. It can be deadly and doctors do not have a clue what causes the coniditon.

According to The Guardian, the neurological illness has doctors baffled and politicians demanding answers. In the province of New Brunswick alone, there have been 43 reported cases. Experts say the symptoms of the mystery disease mimic Creutzfeldt-Jakob disease (CJD), a rare, fatal brain disorder, according to a leaked memo from the province’s public health agency. CJD is caused by abnormally folded proteins called prions.

‘We are collaborating with different national groups and experts; however, no clear cause has been identified at this time,” said the memo. While the symptoms detected in these unusual cases are similar to CJD, diagnostic screening showed that the cause was not triggered by human prions.

“We don’t have evidence to suggest it is a prion disease,” said Dr. Alier Marrero, the lead investigator in New Brunswick. According to The Guardian, while researchers do not know the cause of the mysterious illness, they are looking into environmental factors such as water sources, plants, and insects.

“We don’t know what’s causing it,” said Marrero. “At this time, we only have more patients appearing to have this syndrome.” The neurologist said patients begin to experience unexplained pains, spasms, and behavioral changes. But as time progresses, they develop cognitive decline, muscle wasting, and other weird symptoms such as the feeling of insects crawling all over them. While only one such case of the mystery disease was confirmed in 2015, there have been dozens more each year and the numbers are rising. Researchers believe five people have died from the yet unnamed syndrome.

https://www.newsmax.com

California on seismic alert: Two shallow M4.6 and M4.4 earthquakes hit off Eureka within seconds – Precursors of the Big One?

Strange Sounds – April 2, 2021

Today morning, two shallow earthquakes (M4.6 and M4.4) hit off the coast of northern California at a depth of 8km and 19km, respectively.The pair of quakes struck 17 seconds apart of each other (8:21:18 and 8:21:35 AM UTC).Some weak or light shaking was probably felt in the Eureka and Fortuna areas.

The third M2.5 quake in the area hit 1 hour after the first two…

Meanwhile, I am sure geologists closely monitor the seismicity along the west coast…

These earthquakes could indeed be precursors of the next Cascadia Megathrust Earthquake or California Big One…

Indeed, the tremors occurred near the Mendecino Triple Junction, an area where the Cascadia Subduction Zone meets with the San Andreas Fault.

Moreover, if you look at the map from PSNS below, additional quakes rattled the Cascadia Subduction Zone off the Oregonian coast and on Victoria Island in Canada, as well.

An earthquake will destroy a sizable portion of the coastal Northwest.

The question isn’t if but when. And keep in mind: The next full-margin rupture of the Cascadia subduction zone will spell the worst natural disaster in the history of the continent.

https://strangesounds.org

UK govt launches immediate investigation into sexual abuse in schools, after 11,000 alleged victims post testimonies online

RT – March 31, 2021

An immediate review of safeguarding policies in British state and independent schools will be launched, the government has announced, following the online posting of thousands of reports of sexual abuse.

In a statement on Tuesday, the Department for Education said it had asked the UK’s education watchdog, Ofsted, to look at “the extent and the severity of the issue”, and ensure the correct practices are in place to support potential victims.

The review will be carried out by the end of May and will involves the police, as well as representatives from social services, victim support groups and schools.

A new helpline, run by the NSPCC, the UK’s leading children’s charity, will also go live from Thursday to support young people and help them report sexual abuse in school to the police, the department said.

The scale of the problem facing British schools has been laid bare in recent weeks, as more than 11,500 testimonies of rape, sexual violence and abuse were posted to the website Everyone’s Invited.

“ Sexual abusein any form is abhorrent, and it is vital that these allegations are dealt with properly,” UK Education Secretary Gavin Williamson said in response to the deluge of allegations of abuse.

While the review is to focus on state-run and independent schools, in recent weeks, the spotlight has also been thrown on alleged serial abuse in private institutions that don’t have existing formal co-operation networks with police.

https://www.rt.com

Former Students Sue to Force LGBT Orthodoxy on Christian Colleges

Tyler O’Neil – March 31, 2021</s

When five unelected super-legislators on the Supreme Court unilaterally amended the Constitution to legalize same-sex marriage in 2015, Chief Justice John Roberts warned that the ruling would pose “hard questions” about the freedom of religious colleges to operate according to their convictions. Former Solicitor General Donald Verrilli said, “It will be an issue.” This week, Roberts’ warning has come to pass, and the time in which Verrilli’s “issue” comes to the fore is now.

On Monday, 33 current and former students at federally-funded Christian colleges and universities launched a historic attack on religious freedom by filing a class-action lawsuit against the Department of Education (DoE). The lawsuit, Hunter et al. v. Department of Education, claims that the DoE violated the First, Fifth, and Fourteenth Amendments to the Constitution by granting religious exemptions to Christian institutions that allegedly “discriminate” against “sexual and gender minorities.”

“The religious exemption to Title IX impermissibly burdens the fundamental marriage rights of same-sex couples seeking to attend taxpayer funded religious educational institutions that prohibit their marriages,” the lawsuit, filed by the Religious Exemption Accountability Project, alleges. “When sincerely held religious beliefs become enacted as school policies that harm LGBTQ+ students at taxpayer-funded colleges and universities, the necessary consequence is that the U.S. Department of Education has put its imprimatur on an exclusion that demeans and stigmatizes sexual and gender minorities.”

“The federal government cannot claim a legitimate governmental interest in furthering discrimination that harms sexual and gender minority students,” the lawsuit adds.

https://pjmedia.com

Iran fired missile at Israeli ship in Arabian Sea – report

EVE YOUNG – March 25, 2021

An Iranian missile was fired at an Israeli ship in the Arabian Sea, hitting and damaging it, N12 reported Thursday.

The container ship is owned by an Israeli businessman and was making its way to Tanzania from India, it reported.As the ship sailed between India and Oman, it was hit by a missile and damaged, the report said.

The incident was reported to Israeli security officials and to the ship’s owners. The  ship will continue on its way to India, where the damage will be assessed, N12 reported.

Israeli security officials are examining the possible implications of the incident and estimate that it could mean Iran intends to attack more Israeli ships, the report said.

The ship is owned by Haifa-based XT Management, it said.

Iran was also the main suspect behind an attack in late February on the Israeli-owned cargo vessel MV Helios Ray, which was damaged by a mysterious explosion in the Gulf of Oman.

https://www.jpost.com

For first time in Israel: Two Public Priestly Blessings on Passover

– March 21, 2021

One of the most impressive gatherings of the year is the Birkat Kohanim, the twice-annual priestly blessing held on the second intermediate days of Passover and Sukkoth when some 40,000 Jews come to the Kotel (Western Wall) in Jerusalem to be blessed by hundreds of Kohanim (the descendants of Aaron the priest).

Among fears that the event would be canceled or held in a subdued fashion as it has been the last two times (Sukkot in October and last year during Passover), the Western Wall Heritage Foundation announced that the event will be held in all its glory. But to allow for social distancing while still opening the event to the general public, the Kohanim will bless the Jews in two separate events.

Last Passover marked 50 years since the reinstatement of the priestly blessing ceremony, this event took place in a minimal manner with a quorum of ten priests blessing an equal number of Jews who were all residents of the Jewish Quarter of the Old City of Jerusalem, in accordance with the special regulations for the coronavirus pandemic. They recited a special prayer and blessing dedicated to the complete recovery of the United States and the entire world by U.S. Ambassador David Friedman who is also a kohen.

In October, the Birkat Kohanim for Sukkot took place with dozens of kohanim who were residents of the Jewish Quarter, and with almost no public.

“With praise and gratitude to G-d, this Passover, kohanim from around Israel will be allowed to participate in the traditional event and bless the Jewish people, in accordance with regulations,” the Western Wall Heritage Foundation stated in a media release.

https://www.israel365news.com

7 Plagues That Are Hitting Our Planet Right Now

– March 21, 2021

Things are starting to get really crazy out there.  In recent interviews, I have used the term “stability” to describe the current state of affairs, and some people may think that is quite strange.  But I stand by that assessment.  In the short-term, we have experienced a period of relative stability over the last couple of months, but of course that will soon change.  I believe that global events will soon greatly accelerate, and much chaos is on the horizon.  However, that certainly doesn’t mean that nothing of importance is happening at the moment.  In fact, the following are 7 plagues that are hitting our planet right now…

#1 A Plague Of Millions Of Rats In Australia

Could you imagine having so many rats infesting your community that it is literally impossible to ever get away from the smell?  Right now, millions upon millions of rats are making lives miserable for countless residents of Australia, and in some instances it is literally taking hours just to clean up all of the poop that they leave behind…

#2 Large Earthquakes

According to the USGS, usually we get about 15 earthquakes of magnitude 7.0 or greater each year…

So far in 2021, we have already had 7 that are magnitude 7.0 or greater, and that includes a magnitude 7.0 earthquake that just shook Japan…

#3 Volcanoes Are Roaring To Life All Over The Globe

According to Volcano Discovery, 29 volcanoes around the planet are currently erupting right now, and that includes a volcano in Iceland that had been dormant for hundreds of years…

#4 The “Megadrought” In The Southwestern United States

Earlier this month, I wrote an entire article about the megadrought in the Southwest entitled “You Were Warned That Dust Bowl Conditions Would Return, And Now It Has Happened”.

Well, this drought just continues to get even worse. In fact, NBC News is telling us that there is “little hope for relief” any time soon…

#5 Armies Of Locusts In Africa And The Middle East

In 2020, giant armies of locusts the size of major cites relentlessly marched across parts of Africa, the Middle East and Asia.  Millions of farmers had their crops wiped out, and experts told us that it was unlike anything they had ever seen before.

That was only supposed to be a one year plague, but now it is happening again…

#6 H5N8 Bird Flu In Russia

When cases of H5N8 bird flu started to pop up in Russia, many experts started to become extremely concerned that it could start being transmitted from human to human.

Because if it starts spreading widely among humans, the percentage of victims that will die will be far higher than for COVID.

Unfortunately, one of the top experts in Russia says that there is “a fairly high degree of probability” that it is now being passed from one person to another…

#7 The COVID Pandemic

Even though people are being vaccinated at a feverish pace all over the globe, the number of confirmed cases in Brazil is higher than ever before and experts are telling us that a “fourth wave” has begun in Europe.

Could it be possible that the vaccines are not going to be the “saviors” that so many people were anticipating?

At this point, more than 2.7 million victims have already died from COVID, and more are passing away every single day.

http://theeconomiccollapseblog.com

Oregon health officials monitoring 4 people for Ebola

KGW Staff – March 25, 2021

PORTLAND, Ore. — The Oregon Health Authority (OHA) on Thursday announced it is monitoring four people for Ebola after those people recently returned from Guinea and Democratic Republic of the Congo (DRC), two West African countries in the midst of Ebola outbreaks.

OHA said there is low risk for people in Oregon. It did not say where the four individuals are located.

Local public health departments and OHA have been in touch with the four people, who arrived back in Oregon in early March. They are considered “persons under monitoring”, OHA said.

“We want to make sure these individuals have the support they need to monitor their health, stay in contact with public health officials and safely get help with medical services if it comes to that,” said Dr. Richard Leman with the OHA Public Health Division.

The Centers for Disease Control and Prevention (CDC) has issued Level 3 travel warnings for the affected regions in both Guinea and DRC. The CDC recommends people avoid nonessential travel there.

Since March 4, the CDC has required all airlines to supply contact information for all U.S.-bound travelers who have been in Guinea or Democratic Republic of the Congo in the last 21 days, which is the largest known incubation period for Ebola, OHA said. Those travelers are interviewed upon arriving in the U.S. to determine if they are symptomatic and to confirm their contact information. If they are symptomatic, they will be offered medical evaluation.

https://www.kgw.com