Wikileaks Provides An Update On The Assange Internet Outage
It seems that the Obama administration’s efforts to save the presidential candidacy of Hillary Clinton is finally starting to yield tangible results as WikiLeaks just provided the following update that Julian Assange was cut off from using the Internet at the Ecuadorian embassy in London effective Saturday evening.
We can confirm Ecuador cut off Assange's internet access Saturday, 5pm GMT, shortly after publication of Clinton's Goldman Sachs speechs.
— WikiLeaks (@wikileaks) October 17, 2016
Clearly the lack of internet for Assange hasn’t slowed the release of Hillary’s emails as Part 9 of the Podesta emails were released yesterday and Part 10 was just released a few hours ago.
Of course, this comes just a few days after the Obama administration announced overt plans to escalate a cyber war with Russia over allegations they were behind the hacking of Hillary’s private email server.
Certainly, one has to wonder what this means for the future of Assange as clearly the Obama administration has applied sufficient pressure on the Ecuadorian government such that they have started to cave on their support of him. Perhaps we should be checking flight logs for mysterious planes landing in Quito with billions of Swiss Francs on board.
Or perhaps, the Ecuadorian goverment prefers to “swap gold” with Hillary’s other political ally, Goldman Sachs, as Bloomberg noted they did back in 2014. Just another of the many ways that Hillary’s wall street relationships have paid dividends…quid pro quo, Goldman.
Ecuador, one of only eight countries to adopt the U.S. dollar as its official currency, swapped gold with Goldman Sachs Group Inc. for liquid assets in a sign the nation is short on cash, according to Loomis Sayles & Co.
“It does raise a red flag,” Bianca Taylor, a sovereign analyst who helps oversee $210 billion at Loomis Sayles, said yesterday in a phone interview from Boston. “Whenever a country needs to sell or monetize its gold reserves, it’s definitely a signal that the sovereign is strapped for cash.”
President Rafael Correa is stepping up his search for financing at home and abroad after borrowing more than $11 billion from China since defaulting on $3.2 billion of foreign debt five years ago. Ecuador’s use of the dollar means it can’t finance deficits by printing money like other countries. Correa, a self-described revolutionary socialist, is now planning to raise about $700 million in an overseas bond sale this year and agreed to allow the International Monetary Fund to perform an economic review for the first time since 2008.
Ecuador’s central bank, stripped of its autonomy in a constitutional referendum a year after Correa took power in 2007, says it “invested” the gold with Goldman Sachs in return for assets that can be liquidated within seven days. The country will get the same quantity of gold back three years from now and expects to earn a profit of $16 million to $20 million from the deal, it said.
Below is what we recently wrote regarding the Obama administration’s stepped up efforts targeting Russia and Assange.
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