Basel III (or the Third Basel Accord) is a global, voluntary regulatory framework on bank capital adequacy, stress testing and market liquidity risk. It was agreed upon by the members of the Basel Committee on Banking Supervision in 2010–11, and was scheduled to be introduced from 2013 until 2015; however, changes from 1 April 2013 extended implementation until 31 March 2018 and again extended to 31 March 2019. The third installment of the Basel Accords (see Basel I, Basel II) was developed in response to the deficiencies in financial regulation revealed by the financial crisis of 2007–08. Basel III was supposed to strengthen bank capital requirements by increasing bank liquidity and decreasing bank leverage.
See also BIS (Bank for International Settlements) ~ the (real) International lender of last resort (ILLR), reportedly holding approx. 10% reserves for world’s largest central banks, including the IMF.
Source: Basel III – Wikipedia, the free encyclopedia (Basel Switzerland)
Oil is composed of organic material, most of which is derived from floating planktonic plants, including green algae, and from single-celled planktonic animals. The organic debris settle to the bottom of lake beds and oceans, where it was preserved from oxidation by stagnant water. After burial, the plankton was converted by heat and pressure into oil and gases, later to be used as source beds.
Much of the oil deposits were formed in the late Jurassic period, more than 150 million years ago, in the tropical regions near the equator.
The source rocks then migrated, with shifts in the platetectonic movements of the continents, north and east to the Middle East, the North Sea, Siberia, and other northern areas. The oil deposits in the United States date back to the Permian era (230 million years ago), and the oil in Venezuela was formed in the Cretaceous era (90 million years ago).
Source: Pharmaceutical drugs are made from petrochemicals | ENCOGNITIVE.COM
When Democratic presidential contender Hillary Clinton hits the campaign trail, she does her level best to portray herself and her ex-president husband, Bill, as ordinary, average Americans just looking out for the common folk.
Source: Big Pharma, petrochemical companies and criminal banksters paid Bill and Hillary Clinton more than $100 million to give speeches – NaturalNews.com