OPEC Dumps $10.1 Billion of Treasuries as Oil Tumbles  22/01/2007

OPEC nations are unloading Treasuries at the fastest pace in more than three years as crude oil prices tumble, sending bond yields higher.

Exporters including Indonesia, Saudi Arabia and Venezuela, sold 9.4 percent, or $10.1 billion, of their U.S. government debt securities in the three months ended in November, according to Treasury Department data. Members of the Organization of Petroleum Exporting Countries last sold Treasuries for three straight months in June 2003.

Oil producers have surpassed Asian central banks as the largest pool of global savings, accumulating an estimated $500 billion in 2006 alone, according to research by Pacific Investment Management Co. The sales during those three months mark a reversal because OPEC countries have boosted their holdings of U.S. government bonds by 70 percent to $97 billion in the past 17 months, Treasury data show...

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GEAB N°65 - Contents

- Published on May 16, 2012 -

Global systemic crisis / Second half of 2012 – Convergence of four explosive factors: Banks-Stock Exchanges-Pensions-Debts
Whilst waiting for Euroland to equip itself, by the end of 2012, with a medium to long term common political, economic and social project, especially following the election of the new French president François Hollande, anticipated many months ago by LEAP/E2020, players will remain prisoners of the short-term reflexes related to the sudden Greek political tremors, the uncertainties over Euroland governance and to the risks in public debts… (page 2)
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Which languages must your child learn to be useful to him in twenty years ? Anticipation of the principal intra-European and world common languages in a 2030 timframe
Beyond its cultural interest LEAP/E2020 has created this anticipation as a tool to aid decision-making, individual (parents for the education of their children) as much as collective (public education institutions, universities, states, international businesses). Individual and joint strategies as regards language teaching are long term processes needing fundamental choices to be made almost a generation in advance… (page 11)
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Strategic and operational recommendations
. Currencies-Gold: Stay on course
. Pensions: Preserving one’s capital
. Stock Exchanges: Last exit before chaos
. Banks: Maximum distrust
. Government bonds: The trap is closing (page 21)
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The GlobalEurometre - Results & Analysis
The majority of respondents believing that their country’s major banks could go bankrupt by the end of 2012 has risen to 66% this month (versus 61% last month)… (page 23)
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