Environment

Nigerian authorities have intercepted a shipment of around 2.5 tons of fake rice, allegedly from China. Lagos customs chief Haruna Mamudu said the fake rice was intended to be sold in markets over the festive season as prices of the staple food are rocketing ahead of the Christmas and New Year holidays. Health warnings have been issued and a suspect has been arrested. RT reports: The 102 bags of fake rice, weighing 25kg (a little over 50lb) each and labeled ‘Best Tomato Rice’, are thought by customs officers to have been smuggled in through the port in Lagos, according to AFP.

Too soon?

Source: The Burning Platform blog

In a move that will likely be overturned promptly by the administration of Donald Trump, president Obama on Tuesday formally blocked offshore oil and gas drilling in most of the Atlantic and Arctic Ocean, responding to a call from environmentalists who say the government needs to do more to prevent drilling in environmentally sensitive areas of U.S.-controlled oceans.  

A former adviser to Australian Prime Minister Tony Abbott has accused the United Nations (UN) of using the climate change agenda to usher in the New World Order.  Maurice Newman accused the UN of using climate change as a tool to expand its control over the entire globe. Themindunleashed.com reports: Newman wrote: “This is not about facts or logic. It’s about a new world order under the control of the United Nations.

In addition to its now traditional credit-funded boom-bubble-bust cycle which rotates from asset to asset, and is then promptly recycled courtesy of the nearly $35 trillion in various financial system "assets", another staple of the "new" Chinese economy are smog alerts following every burst in economic strength driven by "old economy" manufacturing.