cue the lightning bolts

the only question that matters: is it true?

Iran has signed the NPT. As a signatory to the NPT, Iran may rightfully, legally, use nuclear technology for peaceful energy purposes. Iran has submitted to and passed repeated IAEA inspections. The US intelligence community (NIE) does not consider Iran a nuclear threat. Israel refuses to sign the NPT. Israel has an estimated several hundred undeclared nuclear weapons. Russia and China have warned that an attack on Iran will have global consequences. That's the situation in a nutshell. Where to next, people? Where to?

Have I now become your enemy by telling you the truth? - Galatians 4:16

12.15.2009

drug money

1. trail of Afghanistan's drug money exposed - vast majority laundered through world financial system

excerpt:

Of the $65 billion turnover of the global market for opiates, only 5-10% ($3-5 billion) is estimated to be laundered by informal banking systems. The rest is laundered through legal trade activities and the banking system.
This is an important claim that points to the enormous amounts of drug money swallowed by the world financial system, including Western banks.

The report says that over the last seven years (2002-2008), the transnational trade in Afghan opiates resulted in worldwide sales of $400-$500 billion (retail value). Only 5-10% of this is estimated to be laundered by informal banking systems (such as hawala). The remainder is laundered through the legal economy, and importantly, through Western banks.

In fact, Antonio Maria Costa was quoted as saying that drug money may have recently rescued some failing banks: "Interbank loans were funded by money that originated from drug trade and other illegal activities", and there were "signs that some banks were rescued in that way". "At a time of major bank failures, money doesn't smell, bankers seem to believe," he wrote in UNODC's 2009 World Drug Report (emphasis in original).

read more @ asia times


2. opium cultivation in Myanmar increases


MANILA, Philippines — Opium cultivation in Myanmar has increased for the third year in a row, with the number of hectares rising by 11 percent—a total of almost 50 per cent since 2006—although production was down due to a fall in yield per hectare, the United Nations anti-drug agency said through the UN Manila office.

Opium hectares now total 31,700 and while this is still just a quarter of the amount grown in Afghanistan and a far cry from the early 1990s when Myanmar was the world’s biggest opium producer, “the trend is going in the wrong direction,” a UN Office on Drugs and Crime (UNODC) executive director Antonio Maria Costa said.

read more @ global nation


3. Russian drug police seize 30kg of heroin in Moscow region


Around 30 kilograms of heroin have been seized in an operation in Moscow Region, local drug police said on Tuesday.

Three suspected members of a drug-trafficking gang were arrested during an operation conducted last Friday in the Domodedovsky district of the Moscow Region.

The police only revealed the details of the operation on Tuesday, saying that the heroin had been packed ready for transport and hidden near a children's recreation camp. The suspects were arrested when whey attempted to move the drugs.

Police stopped a Gazel van inside which they found two plastic bags each containing 15 kilograms of heroin. They said two of those arrested were a drug-addicted couple, and the driver was known to have been involved in drug trafficking on several prior occasions.

The investigation is ongoing, with the gang's ringleader still to be identified.

The spokesman said that the heroin was worth 360-750 million rubes ($10-$25 million).

An estimated 90% of heroin consumed in Russia is trafficked from Afghanistan via the ex-Soviet states of Tajikistan and Uzbekistan, and most of the heroin sold in Europe passes through Russia on its way from Afghanistan.

The director of Russia's state antidrug committee said on Tuesday that illicit drug flows into Russia, mainly from Afghanistan, have almost doubled in the past year. Viktor Ivanov said this has led to a rise in violence in the North Caucasus.

MOSCOW, December 15 (RIA Novosti)

No comments:

legal mumbo jumbo

Disclaimer: The posting of stories, commentaries, reports, documents and links (embedded or otherwise) on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such posted material or parts therein.

Fair Use: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.