Bank
of England officials were so concerned about the potential for a
financial crisis late last year they took the extraordinary step of
warning the entire banking system could collapse “before Christmas”.
by Harry Wilson, The Telegraph:
Paul Tucker, the deputy governor of the Bank of England,
told an October meeting of the chief executives of Britain’s largest
banks that there was a serious chance none of their businesses would
survive to the end of the year.
“Gentlemen, you could all be out of business by Christmas,” Mr Tucker said in a stark warning to the bank chiefs, according to three sources present at the meeting.
The revelation of Mr Tucker’s remarkable warning shows the depth of fear among senior officials over the havoc the collapse of the eurozone would wreak on the British financial system.
Mr Tucker is one of the front-runners to replace Sir Mervyn King as Governor of the Bank of England.
Minutes published by the Bank’s Financial Policy Committee in September and December made clear the depth of its concerns, but the explicit warning given to the chief executives shows that officials feared a crisis even greater than that in the wake of the collapse of Lehman Brothers in September 2008. The meeting led directly to the creation of working groups at banks to gauge the potential for a full-scale collapse of the financial system.
Read More @ Telegraph.co.uk
by Harry Wilson, The Telegraph:
Paul Tucker, the deputy governor of the Bank of England,
told an October meeting of the chief executives of Britain’s largest
banks that there was a serious chance none of their businesses would
survive to the end of the year.“Gentlemen, you could all be out of business by Christmas,” Mr Tucker said in a stark warning to the bank chiefs, according to three sources present at the meeting.
The revelation of Mr Tucker’s remarkable warning shows the depth of fear among senior officials over the havoc the collapse of the eurozone would wreak on the British financial system.
Mr Tucker is one of the front-runners to replace Sir Mervyn King as Governor of the Bank of England.
Minutes published by the Bank’s Financial Policy Committee in September and December made clear the depth of its concerns, but the explicit warning given to the chief executives shows that officials feared a crisis even greater than that in the wake of the collapse of Lehman Brothers in September 2008. The meeting led directly to the creation of working groups at banks to gauge the potential for a full-scale collapse of the financial system.
Read More @ Telegraph.co.uk
by Mike Adams, Natural News:
The alternative media scored a huge victory last week with the joint coverage of the U.S. government’s purchase of over one billion rounds of anti-personnel “hollow point” ammunition. The ammunition is to be use domestically, not by the military.
The story broke on sites like www.DrudgeReport.com www.InfoWars.com and www.NaturalNews.com – all top sites run by independent, intelligent journalists who dare to report the truth rather than the corporatized fictions spewed by the mainstream media. Breaking the story, InfoWars.com uncovered documents revealing huge purchases of hollow-point ammunition, which is illegal to use in war because it violates the Geneva convention. Those purchases include:
• 750 million rounds of ammo purchased by the Department of Homeland Security (http://www.infowars.com/dhs-to-purchase-another-750-million-rounds-of…)
• 174,000 rounds of ammo purchased by the Social Security Administration (http://www.infowars.com/social-security-administration-to-purchase-17…)
NaturalNews covered this earlier in the week in an article entitled “The U.S. government’s coming war with the American people: Insane quantities of govt. ammo purchases point to only one purpose”
www.naturalnews.com/036802_DHS_ammunition_shooting_war.html
We had also covered the DHS’s previous purchase of 450 million rounds of hollow-point ammo in an article published in April of 2012:
www.naturalnews.com/035649_DHS_ammunition_domestic_war.html
Read More @ NaturalNews.com
The alternative media scored a huge victory last week with the joint coverage of the U.S. government’s purchase of over one billion rounds of anti-personnel “hollow point” ammunition. The ammunition is to be use domestically, not by the military.The story broke on sites like www.DrudgeReport.com www.InfoWars.com and www.NaturalNews.com – all top sites run by independent, intelligent journalists who dare to report the truth rather than the corporatized fictions spewed by the mainstream media. Breaking the story, InfoWars.com uncovered documents revealing huge purchases of hollow-point ammunition, which is illegal to use in war because it violates the Geneva convention. Those purchases include:
• 750 million rounds of ammo purchased by the Department of Homeland Security (http://www.infowars.com/dhs-to-purchase-another-750-million-rounds-of…)
• 174,000 rounds of ammo purchased by the Social Security Administration (http://www.infowars.com/social-security-administration-to-purchase-17…)
NaturalNews covered this earlier in the week in an article entitled “The U.S. government’s coming war with the American people: Insane quantities of govt. ammo purchases point to only one purpose”
www.naturalnews.com/036802_DHS_ammunition_shooting_war.html
We had also covered the DHS’s previous purchase of 450 million rounds of hollow-point ammo in an article published in April of 2012:
www.naturalnews.com/035649_DHS_ammunition_domestic_war.html
Read More @ NaturalNews.com
by SRSRocco,Silver Doctors:
If we look at this 2008 chart of the DOW JONES, GLD & SLV we see
that in the big decline, the Dow lost 35% in 6 months, the
GLD dropped 14% and the SLV got clobbered in a waterfall of -45%.
If we compare this to 2012, we see a much different picture:
The Dow Jones has actually gained nearly 10% since late Nov 2011, while the GLD has fallen 8% and the SLV 11.5%. This is nothing like 2008 in regards to the fact the DOW has been manipulated higher by PPT while they have allowed commodities and the precious metals to decline.
If this was like 2008, we would be seeing a much lower Dow Jones already. Furthermore, if this was going to be like 2008, then that would mean the SLV would have to fall an additional 30% from here. That would mean the SLV would fall another $8.oo to hit a low of $18.73. Does anyone really believe it will fall this low?
If the Dow Jones does fall considerably, I would imagine the GLD & SLV will decouple as they have had serious losses already.
Read More @ Silver Doctors
If we look at this 2008 chart of the DOW JONES, GLD & SLV we see
that in the big decline, the Dow lost 35% in 6 months, the
GLD dropped 14% and the SLV got clobbered in a waterfall of -45%.If we compare this to 2012, we see a much different picture:
The Dow Jones has actually gained nearly 10% since late Nov 2011, while the GLD has fallen 8% and the SLV 11.5%. This is nothing like 2008 in regards to the fact the DOW has been manipulated higher by PPT while they have allowed commodities and the precious metals to decline.
If this was like 2008, we would be seeing a much lower Dow Jones already. Furthermore, if this was going to be like 2008, then that would mean the SLV would have to fall an additional 30% from here. That would mean the SLV would fall another $8.oo to hit a low of $18.73. Does anyone really believe it will fall this low?
If the Dow Jones does fall considerably, I would imagine the GLD & SLV will decouple as they have had serious losses already.
Read More @ Silver Doctors
Former Marine Arrested For Patriotic Posts On Facebook
The bottom line is, the 1st Amendment is NOT conditional. ALL speech must be protected, no matter who you are, or where you happen to be speaking. Just because our current criminal government decides 1st Amendment protections do not apply to Facebook does not mean they have the authority to make such distinctions. In fact, the Constitution explicitly outlines how they are restricted from making such distinctions. If a government entity, ANY government entity, attempts to violate Constitutional restrictions, it must be removed by any means necessary. Take note that the FBI used the accusation of "terrorist threats" by Brandon Raub as an excuse for the arrest even though there is no indication that any actual threats were present on his Facebook page..
Total Karma Recall: Fisker Pulls All Cars Due To Fire Risk
Last week we reported on
the searing woes plaguing the Karma "supercar" of green automaker
Fisker, following the most recent episode of automotive spontaneous
self-immolation. In fact, things for the company that has so far
received $529 million in federal subsidies are so bad that also last week Fisker announced its
third CEO hire in the past year (when in a supremely ironic move it
hired the former head of the Chevy Volt program Tony Posawatz). As of
last night things just went from bad to even worse, following the
inevitable next step: a total recall of all Karmas currently on the
road. Oh well: nothing that burning, quite literally, severeal hundred
more million in taxpayer funding won't solve.The Modern Debt Jubilee
The modern “debt jubilee” is characterised as “quantitative easing for the public”. It has been boiled down to a procedure where the central bank does not create new money by buying the sovereign debt of the government. Instead, it takes an arbitrary number, writes a check for that number, and deposits it in the bank account of every individual in the nation. Debtors must use the newly-created money to pay down or pay off debt. Those who are not in debt can use it as a free windfall to spend or “invest” as they see fit. This, it is said, is the only way left to restart economic “growth” and finally get the spectre of unending financial crisis out of the headlines. It is the latest of a long string of “print to cover” remedies.
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I'm PayPal Verified54-Year-Old Italian Dies After Self-Immolating In Front Of Parliament
First Tunisia, then Greece, now Italy (the same Italy where the economy is "picking up" where yields are "stable", and where much "progress" is being made). From Reuters: "A 54-year-old man died on Sunday after setting himself on fire outside the Italian parliament last week to highlight his struggle with unemployment, police said. Angelo di Carlo suffered 85 percent burns after the incident in front of the lower house of parliament - the Chamber of Deputies - in central Rome during the early hours of August 11, Italian media reported. Police on duty nearby put out the flames with fire extinguishers and took him to hospital. The widower was facing economic difficulties after losing his job and had struggled for years before that with temporary work contracts that offered little protection or benefits, according to media reports...Di Carlo's death is the latest in a wave of highly publicized suicides linked to financial woes in recent months which have highlighted the human cost of the country's economic crisis."ECB's Latest Deja Vu Bluff: Rate Caps On Sovereign Bonds
Just as Germany was warming its "Nein, Nein, Nein" machine, now that Merkel is solidly back from vacation and has caught up with all the desperation emails in the inbox, as reported yesterday, the ECB, in a furious attempt to preempt the unwind of every innuendo, speculation, "unsourced rumor", and everything else the ex-Goldman controlled printer of European currency (which however now and always is powerless without German support) has done in the past month to keep sovereign rates low, has just resorted to yet another deja vu preemption tactic: rate caps on sovereign bonds. Spiegel reports the based on unsourced data, "The European Central Bank (ECB) is considering to establish in its future bond purchases interest rate levels for each country. Thus, it would buy sovereign debt of the crisis countries whenever interest rates exceed a certain spread to German Bunds... At its next meeting in early September, the Governing Council will decide whether the interest rate target is actually installed." Which of course it won't for one simple reason: the same reason the ECB has done lots of talking in the past 3 months, and implemented absolutely nothing: the Bundesbank's Jens Weidmann, and the fact that as Danske (see below) and everyone else already explained when this idea was floated unsuccessfully the first few times, it would require an infinite balance sheet, something the ECB does not have, especially not when Germans are 'consulted.'The US Money Markets And The Price Of Gold
What
do USD money markets have to do with gold? Money market funds invest
in short-term highly rated securities, like US Treasury bills
(sovereign risk) and commercial paper (corporate credit). But who
supplies such securities to these funds? For the purpose of our
discussion, participants in the futures markets, who look for secured
funding. They sell their US Treasury bills, under repurchase agreements,
to money market funds. These repurchase transactions, of course, take
place in the so-called repo market. The repo market supplies money
market funds with the securities they invest in. Now… what do
participants in the futures markets do, with the cash obtained against
T-bills? They, for instance, fund the margins to obtain leverage and
invest in the commodity futures markets. In summary: There are people
(and companies) who exchange their cash for units in money market
funds. These funds use that cash to buy – under repurchase agreements -
US Treasury bills from players in the futures markets. And the players
in the futures markets use that cash to fund the margins, obtain
leverage, and buy positions. What if these positions (financed with the
cash provided by the money market funds) are short positions in gold
(or other commodities)? Now, we can see what USD money markets have to
do with gold! Let’s propose a few potential scenarios, to understand
how USD money markets and gold are connected...
by Anthony Wile, The Daily Bell:
The Daily Bell is pleased to publish this exclusive interview with Gerald Celente (left).
Introduction: Forecasting trends since 1980, Mr. Gerald Celente is publisher of the Trends Journal®, Founder/Director of the Trends Research Institute® and author of the highly acclaimed and best selling books, Trend Tracking and Trends 2000 (Warner Books.) Using his unique perspectives on current events forming future trends, Gerald Celente developed the Globalnomic® methodology, which is used to identify, track, forecast and manage trends. His on-time trend forecasts, vibrant style, articulate delivery and vivid public presence makes him a favorite of major media. The Trends Research Institute has earned its reputation as “today’s must trusted name in trends” for accurate and timely predictions. On the geopolitical and economic fronts, Celente and The Trends Research Institute are credited with predicting the collapse of the Soviet Union, the last two economic recessions, the dot-com meltdown, the 1997 Asian currency crisis, the 1987 world stock market crash, increased terrorism against America, “Crusades 2000,” the quagmire in Iraq … before war began and much more.
Daily Bell: Let’s jump right in and ask you to comment on the “Seed” event taking place on Saturday, October 13, 2012 in Vancouver, British Columbia, Canada. Tell us about it. How are you directly involved?
Gerald Celente: The Seed people contacted me after hearing my interviews from various other media. The Seed event is very different from most of the presentations that I give. What is interesting is this is the kind of audience I relate to genuinely. The first book I ever worked on was called “Natural Healing,” back in 1986. I also have an honorary doctorate in complimentary medicine from the National University of Health Sciences.
Read More @ TheDailyBell.com
The Daily Bell is pleased to publish this exclusive interview with Gerald Celente (left).
Introduction: Forecasting trends since 1980, Mr. Gerald Celente is publisher of the Trends Journal®, Founder/Director of the Trends Research Institute® and author of the highly acclaimed and best selling books, Trend Tracking and Trends 2000 (Warner Books.) Using his unique perspectives on current events forming future trends, Gerald Celente developed the Globalnomic® methodology, which is used to identify, track, forecast and manage trends. His on-time trend forecasts, vibrant style, articulate delivery and vivid public presence makes him a favorite of major media. The Trends Research Institute has earned its reputation as “today’s must trusted name in trends” for accurate and timely predictions. On the geopolitical and economic fronts, Celente and The Trends Research Institute are credited with predicting the collapse of the Soviet Union, the last two economic recessions, the dot-com meltdown, the 1997 Asian currency crisis, the 1987 world stock market crash, increased terrorism against America, “Crusades 2000,” the quagmire in Iraq … before war began and much more.
Daily Bell: Let’s jump right in and ask you to comment on the “Seed” event taking place on Saturday, October 13, 2012 in Vancouver, British Columbia, Canada. Tell us about it. How are you directly involved?
Gerald Celente: The Seed people contacted me after hearing my interviews from various other media. The Seed event is very different from most of the presentations that I give. What is interesting is this is the kind of audience I relate to genuinely. The first book I ever worked on was called “Natural Healing,” back in 1986. I also have an honorary doctorate in complimentary medicine from the National University of Health Sciences.
Read More @ TheDailyBell.com
from Wealth Cycles:
One
of the amazing byproducts of the Internet, along with the ability to
access vast spans of data instantaneously and the ability to advertise
to billions of people easily and cheaply, is the data that is collected
about what people do online.
Google, despite small inroads by Microsoft’s Bing, continues to be the most frequently used search engine on the planet, accounting for some two-thirds of Internet searches worldwide. Given its dominance of search traffic, the information Google automatically collects about what words people use to search for products and services, how often they search, when they search, and what they do after they find what they’re looking for is a goldmine for advertisers and market researchers. Google makes gleaning the data from the world’s online searches especially easy and efficient via its suite of analytics and advertising tools.
Central bankers, those ever-vigilant watchdogs guarding the peace and prosperity of the planet, have also figured out how to make use of the information about what people are searching for online. As reported recently by Bloomberg Businessweek, central banks, including the Federal Reserve and the central banks of Israel, Britain, Italy, Spain, Turkey and Chile, to name a few, have begun analyzing the search terms people are using to help give their economic models and reports more accuracy and immediacy than can be achieved using traditional government figures, most of which come with a significant lag time, as Bloomberg reports:
Read More @ WealthCycles.com
One
of the amazing byproducts of the Internet, along with the ability to
access vast spans of data instantaneously and the ability to advertise
to billions of people easily and cheaply, is the data that is collected
about what people do online.Google, despite small inroads by Microsoft’s Bing, continues to be the most frequently used search engine on the planet, accounting for some two-thirds of Internet searches worldwide. Given its dominance of search traffic, the information Google automatically collects about what words people use to search for products and services, how often they search, when they search, and what they do after they find what they’re looking for is a goldmine for advertisers and market researchers. Google makes gleaning the data from the world’s online searches especially easy and efficient via its suite of analytics and advertising tools.
Central bankers, those ever-vigilant watchdogs guarding the peace and prosperity of the planet, have also figured out how to make use of the information about what people are searching for online. As reported recently by Bloomberg Businessweek, central banks, including the Federal Reserve and the central banks of Israel, Britain, Italy, Spain, Turkey and Chile, to name a few, have begun analyzing the search terms people are using to help give their economic models and reports more accuracy and immediacy than can be achieved using traditional government figures, most of which come with a significant lag time, as Bloomberg reports:
Read More @ WealthCycles.com
by Vedran Vuk, Casey Research:
Vedran here, filling in for David Galland today. Lately, I’ve been
working on an interesting project, looking at stocks which could weather
the next market crash. The good news is that there are stocks out there
with low betas that fluctuate less with market movements. For example,
if a stock’s beta is 0.5, one can expect it to lose only 0.5% when
market loses 1% on the same day.
In regular market conditions, these low-beta defensive stocks will do their job. However, in my research, I’ve come across some troubling facts. If the DJIA drops 100 or even 200 points tomorrow, defensive stocks won’t get hammered as much as the market. With that said, in a full meltdown, no one is immune. The most defensive stocks will get sold off just as fast as any hot potato on the market. When all hell breaks loose, there will be no place to hide.
If there were some magical stocks out there, which could go down no further than 10% or 15%, I would tell you about them. But unfortunately, even the most defensive stocks sold off 30% or more during height of the crisis. So what’s the point of owning defensive stocks? They will still perform better than others in a crash.
Read More @ CaseyResearch.com
by Mark S. Mann,
For as long as I can remember, people have always talked about what could happen, or what would happen if legislation were passed leading to confiscation of legally owned firearms in the United States. When this topic is discussed, people tend to get very emotional, and justifiably so. However, most people fail to understand the logistics that would be required for mass gun confiscation to actually take place. The common theme when people discuss this possibility is that law enforcement, federal agents, US Military, or foreign troops will show up at your door step to confiscate your firearms. Although I am not saying this could never happen, I am saying that the likely hood of door to door confiscation is highly unlikely.
Before you tell me I am wrong, and you start quoting language in the proposed UN Small Arms Treaty or the Department of State Publication 7277, first let’s take a look at some very common and easily verifiable facts and data:
1.) As of 2010 the number of individual households in the United Sates is about 132,000,000 according to the US Census Bureau. Read More…
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Vedran here, filling in for David Galland today. Lately, I’ve been
working on an interesting project, looking at stocks which could weather
the next market crash. The good news is that there are stocks out there
with low betas that fluctuate less with market movements. For example,
if a stock’s beta is 0.5, one can expect it to lose only 0.5% when
market loses 1% on the same day.In regular market conditions, these low-beta defensive stocks will do their job. However, in my research, I’ve come across some troubling facts. If the DJIA drops 100 or even 200 points tomorrow, defensive stocks won’t get hammered as much as the market. With that said, in a full meltdown, no one is immune. The most defensive stocks will get sold off just as fast as any hot potato on the market. When all hell breaks loose, there will be no place to hide.
If there were some magical stocks out there, which could go down no further than 10% or 15%, I would tell you about them. But unfortunately, even the most defensive stocks sold off 30% or more during height of the crisis. So what’s the point of owning defensive stocks? They will still perform better than others in a crash.
Read More @ CaseyResearch.com
This
piece has been contributed exclusively for reader’s of SGTreport by our
friend Mark (pseudonym below), a firearms industry executive &
part-time police officer. If you missed my in-depth interview with Mark
in which we talk about the Second Amendment, Liberty and the UN gun ban
treaty, please give it a listen, here. ~ SGT
by Mark S. Mann, For as long as I can remember, people have always talked about what could happen, or what would happen if legislation were passed leading to confiscation of legally owned firearms in the United States. When this topic is discussed, people tend to get very emotional, and justifiably so. However, most people fail to understand the logistics that would be required for mass gun confiscation to actually take place. The common theme when people discuss this possibility is that law enforcement, federal agents, US Military, or foreign troops will show up at your door step to confiscate your firearms. Although I am not saying this could never happen, I am saying that the likely hood of door to door confiscation is highly unlikely.
Before you tell me I am wrong, and you start quoting language in the proposed UN Small Arms Treaty or the Department of State Publication 7277, first let’s take a look at some very common and easily verifiable facts and data:
1.) As of 2010 the number of individual households in the United Sates is about 132,000,000 according to the US Census Bureau. Read More…
by Paul Joseph Watson & Alex Jones, Infowars :
Hundreds of pages of documents released under the Freedom of Information Act reveal that the Department of Homeland Security monitored political opposition to the See Something, Say Something campaign, as well as tracking Infowars stories and user comments on a myriad of other issues while categorizing the website as “Right Wing Terrorism”.
Having initially requested copies of records in August 2011, “regarding any political profiling documents that specify what groups are monitored under fusion centers all over the country and which kinds of people are profiled,” Brian D. Hill of USWGO.com finally received the documents recently after a year of back and forth communication with the agency during which he narrowed down his request to include search results which included DHS discussion of a handful of websites, including Infowars.com.
The documents contain email communications as well as intelligence reports circulated between different offices of the Department of Homeland Security as well as the Office of Intelligence and Analysis (I&A). In most cases, the identities of individuals both sending and receiving the messages have been redacted.
A report dated January 24, 2011, marked “for official use only” and produced by the Amtrak Intelligence Team is entitled Opposition to “See Something, Say Something”.
The report notes how Infowars.com launched a campaign in opposition to the DHS program, which encourages citizens to report “suspicious activity” to the authorities, including via television screens at Wal-Mart stores which play a message from DHS chief Janet Napolitano.
Read More @ Infowars.com
Hundreds of pages of documents released under the Freedom of Information Act reveal that the Department of Homeland Security monitored political opposition to the See Something, Say Something campaign, as well as tracking Infowars stories and user comments on a myriad of other issues while categorizing the website as “Right Wing Terrorism”.
Having initially requested copies of records in August 2011, “regarding any political profiling documents that specify what groups are monitored under fusion centers all over the country and which kinds of people are profiled,” Brian D. Hill of USWGO.com finally received the documents recently after a year of back and forth communication with the agency during which he narrowed down his request to include search results which included DHS discussion of a handful of websites, including Infowars.com.
The documents contain email communications as well as intelligence reports circulated between different offices of the Department of Homeland Security as well as the Office of Intelligence and Analysis (I&A). In most cases, the identities of individuals both sending and receiving the messages have been redacted.
A report dated January 24, 2011, marked “for official use only” and produced by the Amtrak Intelligence Team is entitled Opposition to “See Something, Say Something”.
The report notes how Infowars.com launched a campaign in opposition to the DHS program, which encourages citizens to report “suspicious activity” to the authorities, including via television screens at Wal-Mart stores which play a message from DHS chief Janet Napolitano.
Read More @ Infowars.com
by Jack Phillips, The Epoch Times:
WikiLeaks founder Julian Assange made a public appearance on the
balcony of the Ecuadorian Embassy in London, calling on the U.S. to end
its “war on whistleblowers.”
“On Wednesday night after a threat was made on this embassy and police descended on this embassy, you came out to watch over it,” he said in a speech that was aimed at his crowds of supporters waiting
outside.
“I am here today because I cannot be there with you today,” he said, according to The Guardian. “But thank you for your resolve, for your generosity of spirit.”
Assange has been holed up in the embassy since June 19 after the U.K. High Court ruled that he must be extradited to Sweden to face questioning for alleged sex crimes.
Last Thursday, the Ecuadorian government granted Assange asylum in the Central American country, but the U.K. refused to budge on the matter, saying that he would still be detained and sent to Sweden if he leaves the embassy.
“I thank President Correa for the courage he has shown in considering and in granting me political asylum,” he said, reported Sky News.
Read More @ TheEpochTimes
WikiLeaks founder Julian Assange made a public appearance on the
balcony of the Ecuadorian Embassy in London, calling on the U.S. to end
its “war on whistleblowers.”“On Wednesday night after a threat was made on this embassy and police descended on this embassy, you came out to watch over it,” he said in a speech that was aimed at his crowds of supporters waiting
outside.
“I am here today because I cannot be there with you today,” he said, according to The Guardian. “But thank you for your resolve, for your generosity of spirit.”
Assange has been holed up in the embassy since June 19 after the U.K. High Court ruled that he must be extradited to Sweden to face questioning for alleged sex crimes.
Last Thursday, the Ecuadorian government granted Assange asylum in the Central American country, but the U.K. refused to budge on the matter, saying that he would still be detained and sent to Sweden if he leaves the embassy.
“I thank President Correa for the courage he has shown in considering and in granting me political asylum,” he said, reported Sky News.
Read More @ TheEpochTimes
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