If you’re a regular follower of ours or Dr. Lee Merrit’s, some of the info in the video below is not latest minute news. I wanted to save this presentation on the website though, for two main reasons: it brings a few new angles, such as the racial one, and it’s really well structured and rounded, managing to paint a complex picture in under 15 minutes. There may be a lot left to say, but this makes the case and it can stand alone. Reference material, at least until science proves otherwise, which seems highly unlikely to me, so far.

“Merritt has an impressive resume as an orthopedic surgeon and military doctor. However, she is also the former president of the conservative medical advocacy group the Association of American Physicians and Surgeons (AAPS), which opposes vaccines, the Affordable Care Act and all government healthcare, including Medicare…

Dr. Merritt has certainly accomplished a great deal as a surgeon, including being the first woman to receive the Louis A. Goldstein Spine Surgery Fellowship at the Rochester Strong Memorial Hospital in New York.”  – The Millenial Source

This profile has been written by her detractors.

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ORDER

In November 2020, I anticipated Biden’s takeover of the White House against the vote, based solely on the fact that he is one of the most appreciated troopers at Davos, as opposed to Trump. And that’s where, for over two decades, they’ve developed and coordinated a long term plan for the corporate take-over of elected governance across the entire world. That plan is too big to fail, especially due to some soft opposition from another corporate stooge such as Trump.
The Great Reset is not some looney vision of the future from some eccentric billionaire, as Tucker Calson or SkyNews may present it. It’s an old and lengthy process that’s about to be concluded this decade.

My challenge for the US electors in November 2020

In this report we reveal, in the simplest most accessible terms. how this scheme achieves the intermediary goal of transferring assets and wealth from ignorant plebs to corporate overlords.

This report is in video format.

NB: Why did I say earlier “intermediary goal”? What’s the endgame behind that? Why do these people want more, when they have more than they can enjoy in many generations to come?
All these questions might have a simple answer:
It’s not about wealth anymore. Money is for poor people nowadays. Assets are for rich people. But for the decision-making money-printing overlords, it’s about self-preservation at this point. They went too far and they know they’re over if the population gets out of their control.
Material de-possession is part of a strategy of disempowering their main potential threat at this point – you, I, us. We could all have everything right now. But then many of us could gain the power to figure out what they’ve been up to lately and we could even have the power to do something about it. And that would be the end of them.
So they’re resetting us back into the Dark Ages, but with Star Trek technology.
“Techno-feudalism”, as I called it last year, and Varoufakis used exactly the same words in an interview, to my satisfaction.

This has been taken down since, but they forgot the pdf, got it RIGHT HERE
This got deleted after a backlash, but too late

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You’ve likely heard of IG Farben, bud have you ever heard of American IG and the follow up story?

Imagine that the brutal experiments at Auschwitz were better concealed and the prisoners were drugged and brainwashed to believe that’s the best world out there for them. Then find out that the management has never stopped winning, expanding and perfecting their business model, up to today’s Great Reset.

good stuff that i had to leave out the video documentary:

Rockefellers brought the Nazi doctors and researchers to the US

SOURCE

ANSCO

Founded in Binghamton, New York, in 1901, Ansco was a manufacturer of photographic products and film. Ansco was originally founded through the merger of E. Anthony & Company and Scovill Manufacturing. In 1928, Ansco merged with Agfa to form Agfa-Ansco. The new corporation was a division of General Aniline and Film (GAF) Corporation, which was controlled by the German chemical cartel IG Farben. After Germany declared war on the United States in 1941, the United States Government seized the assets of GAF, including Agfa-Ansco. In 1943, the company removed “Agfa” from its name, once again becoming Ansco. The United States Justice Department oversaw Ansco’s operation until 1965, when government-held stock in GAF was sold to the public. In 1977, GAF eliminated its line of consumer photography products, including those manufactured by Ansco at the Binghamton facility. GAF also sold the Ansco trademark to Haking Enterprises. GAF continued to manufacture film at the Binghamton plant for industrial and medical use until 1981, when it sold the plant to Anitec Image Corporation. Over the next two decades, the former Ansco facility was sold several times, and in 2000, it was demolished.

Prior to the late 1970s, dozens of asbestos-containing materials were utilized in the construction and maintenance of buildings at Ansco’s Binghamton facility, including fireproof insulation, pipe covering and insulating cement. Inhaling dust from the application and removal of asbestos-containing materials placed workers at risk for developing an asbestos-related disease, such as mesothelioma or lung cancer.

Fireproof insulation was applied to structural steel during the construction of buildings at Ansco. Fireproofing materials were manufactured as a dry mixture of asbestos, linen and cement, packaged in fifty-pound paper bags. The dry mixture was mixed with water and sprayed onto the structural steel using a hose. Pouring, mixing and spraying fireproof insulation created clouds of asbestos-containing dust. After the fireproofing material was applied, it was typical for tradesmen, such as electricians or pipefitters, to scrape the fireproofing material from structural steel in order to install pipes and conduits. When the fireproof insulation was disturbed, asbestos fibers and dust became airborne.

Workers applied asbestos-containing pipe covering to pipes at the Binghamton Ansco facility. Pipe covering was applied to numerous piping systems in order to maintain stable internal temperatures and to protect pipes from damage. When pipe covering was applied, asbestos fibers were emitted. Insulating cement was also applied to pumps, valves and other equipment. It was manufactured as a powder and mixed with water to prepare it for application. Mixing insulating cement caused asbestos-containing dust to become airborne.

source:

What’s Bayer been up to lately?
We find out from their website:

The Bio Revolution is redefining innovation in the life sciences. How this might be a game changer.

The life sciences have made great advances in the past years. Biology, life sciences and the megatrend of digitization are growing closer together, enabling new inventions that impact our daily lives in a scope that we speak of a Bio Revolution. This revolution is reinforced by rapid increases in computing power and the emergence of new capabilities in AI, automation, and data analytics. These trends are further accelerating the pace of innovation and the potential for higher R&D productivity in the life sciences.

All this has led to new ways to understand and explore biology. The range of life forms on earth is incredibly complex and diverse. However, the methods to analyze them can be remarkably similar. Technologies and methods are transcending disciplinary boundaries even faster.

The implications across the life sciences can be enormous:

For human health, for example, a deeper understanding of the relationship between genetics and disease has led to the emergence of precision medicine, which can potentially be more effective than the one-size-fits-all therapies of the past. In the future, new technologies could help the healthcare industry not only treat, but cure or even prevent diseases. New gene and cell therapies, for example, aim to cure genetic diseases, potentially enabling sustainable organ replacement or reversing autoimmune diseases.

The Bio Revolution has the potential to help address some of the most critical global challenges, from climate change to pandemics, chronic diseases, and worldwide food security. Experts estimate that a significant portion of the economic impact of biological applications will be in health care, agriculture, and consumer products.3 Already today, the Bio Revolution with its convergence of science and technology has created an explosion of research projects in science and business. Each year, the amount of Intellectual Property related to the Bio Revolution is increasing.4 This can be seen, for example, by the number of patents in CrispR or plant biotech. In short: the revolution is gaining momentum and holds a great promise for health and food alike.

Total number of CRISPR patent applications worldwide per year from 1984 to 2018.

Quote symbolFueled by digitalization, growing connectivity, and falling costs, important advances in biotechnology are intertwined with more systemic shift in how bio-innovation is undertaken and who is involved. Microbiome technologies, advanced genomics, gene editing and synthetic biology are among key enabling technologies that have the potential to change the face of bio-innovation. This broader redefinition of bio-innovation creates new prospects to help address important nutrition, environmental and development needs.

World Economic Forum, Bio-Innovation Dialogue Initiative

.At the Forefront of the Bio Revolution

As a leading life science company, Bayer is aligned with the long-term market trends in health and nutrition and offers innovative and sustainable solutions to tackle some of the key challenges for humanity. Bayer brings to the table an extensive knowledge of human and plant science, supported by its expertise in regulatory processes and an impressive global footprint to ultimately bring innovations from labs to market. https://www.youtube-nocookie.com/embed/EYE1gya7XiM?autoplay=1&start=0&rel=0

The Bio Revolution marks the beginning of a new era: Innovations enabled by the convergence of biology and technology have the potential to significantly improve our lives, our nutrition, and our health.

Did you know that Bayer is at the forefront of the wave of innovation coming from the Bio Revolution?

The Bio Revolution is expected to transform healthcare and agriculture over the next decades – but the revolution is already happening now. With its newly established cell and gene therapy platform in Pharmaceuticals and innovative gene-editing tools such as CRISPR, Bayer operates at the core of the Bio Revolution and has tremendous opportunities to improve health and nutrition.

In Pharma, Bayer’s new Cell & Gene Therapy (CGT) platform steers our strategy in the area and orchestrates our activities along the value chain providing an innovation ecosystem for the companies – including BlueRock Therapeutics and Asklepios BioPharmaceutical (AskBio), which are fully owned by Bayer but operate autonomously. These therapies hold the potential to significantly impact patients’ lives by moving from treating symptoms to potentially curative approaches.

Bayer’s development portfolio of cell and gene therapies already comprises eight advanced assets in different stages of clinical development. These are applicable in multiple therapeutic areas with high unmet need, such as neurodegenerative, neuromuscular and cardiovascular indications, with programs in Pompe disease, Parkinson’s disease, hemophilia A, and congestive heart failure. With over 15 preclinical assets in the cell and gene therapy field, the pipeline is expected to grow steadily year by year.

Yet Bayer is not only using biotechnology to advance health – the promise for agriculture is just as inspiring. In the Crop Science Division, for example, tools like CRISPR can make changes to plant DNA with more precision than ever before and make plants more weather- or disease-resistant, enabling farmers to grow more or better-quality products under changing conditions.

Advancing genetic solutions for a sustainable future (1)PreviousNext

Did you know that Leaps by Bayer invests into potentially disruptive technologies to tackle some of the largest, unsolved challenges in the life sciences?

With Leaps by Bayer – our impact investment approach utilizing venture capital – we are constantly scanning for additional potential breakthroughs that hold promise to either cure or treat people from diseases or help feed a growing population with less impact on the environment.

$1 Billion

Since 2015, Leaps by Bayer has invested over $1 billion in ventures that tackle fundamental breakthroughs and shift core paradigms in our industries.

Leaps by Bayer has an investment focus on potentially disruptive solutions in the fields of healthcare and agriculture. The Leaps investment approach is remarkable: It aims to invest into or build up new innovative companies. Bayer supports those companies by enabling the exchange of proprietary assets, which can include sharing own patents or providing access to the Bayer network’s technical capabilities and 150 years of expertise. The companies remain autonomous with respect to decision making, while Leaps facilitates and supports them in a so-called active incubation process. Experienced team members actively engage in the young companies’ development by providing resources and helping them to steer the initial strategic direction. Today, the investment portfolio includes more than 35 companies advancing potential breakthrough technologies.

Quote symbolLeaps is our way of thinking big.

Werner Baumann, CEO of Bayer AG

Many Leaps ventures have made significant progress towards unlocking the potential of new technology platforms with a promising and transformative potential. BlueRock Therapeutics, for example, started as a Leaps investment and is now an integral part of Bayer’s CGT platform and just received clearance to proceed with a phase I trial in Parkinson’s disease.

Other companies, like the biopharmaceutical player Triumvira, are specialized on next generation immuno-oncology treatments. Triumvira focuses on novel T-cell therapies that aim to be safer and more efficacious than current cell therapy cancer treatments. Treating, curing and preventing cancer is one of the focus areas of Leaps by Bayer, since this group of diseases still represents one of today’s biggest health challenges with limited curative or preventative therapies available.

Quote symbolWe face a huge disease burden, and the way we produce food isn’t sustainable for the planet. I believe the Bio Revolution can help us overcome these issues.

Jürgen Eckhardt, Head of Leaps by Bayer

Leaps is also investing in the development of sustainable biotechnological solutions in the field of agriculture. One of the ventures in this field is Joyn Bio, a company that aims to significantly reduce the environmental impact of synthetic nitrogen fertilizers through a technology that fixes nitrogen into the soil. Nitrogen is one of the most important nutrients essential for every plant to grow, however, its use and production as a fertilizer is estimated to contribute 3-5% to all global greenhouse gas emissions. Joyn Bio is working on an engineered microbe that enables cereal crops like corn, wheat, and rice to convert nitrogen from the air into a form they can use to grow. This technology may have the potential to help farmers use nitrogen in new ways, and as a result, reduce agriculture’s environmental footprint.

Leaps portfolio

The Leaps by Bayer investment portfolio includes more than 35 companies.

At least that’s what Bayer says. All I know is that they’re still running the show.

Ex-Standard Oil

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We think frequent use, even short term use can be bad for you, but if you have no way around them, at least send a message of consciousness.
Get it here!

They’ve pushed an old senile lady down the stairs. Literally.

The short course
The long course

UPDATE MAY 24M 2021

NYT HAS JUST CONFIRMED ANYTHING AND BEYOND

But I’m not going to post that, I’m linking you to something better:

The New York Times has published a lengthy article revealing how the world is undergoing a “paradigm shift” of rapidly declining fertility rates, but fails to mention the possibility that environmental pollutants such as plastic chemicals are playing any role in the decline.

by Summit News

In an article entitled ‘Long Slide Looms for World Population, With Sweeping Ramifications’, the NYT reveals how there is a global “fertility bust” which represents “a dizzying reversal unmatched in recorded history that will make first-birthday parties a rarer sight than funerals, and empty homes a common eyesore.”

The piece notes how a demographic time bomb has the potential to cause social and economic catastrophe, but celebrates the notion that it would be good for the environment.

“A planet with fewer people could ease pressure on resources, slow the destructive impact of climate change and reduce household burdens for women,” write the authors.

The authors highlight how virtually every area of the world except for Africa, where the population will continue to grow, will be hit by rapidly dropping fertility rates.

“Like an avalanche, the demographic forces — pushing toward more deaths than births — seem to be expanding and accelerating,” states the piece, adding, “Demographers now predict that by the latter half of the century or possibly earlier, the global population will enter a sustained decline for the first time.”

Nowhere in the lengthy article is it mentioned that there could be cultural or environmental factors causing the drop in birth rates or anything beyond prosaic economic factors.

As we previously highlighted, a top environmental scientist recently warned that plastic pollution is shrinking penises and making men infertile, meaning most of them won’t be able to produce sperm by 2045.

“Phathalates mimic the hormone oestrogen and thus disrupt the natural production of hormones in the human body, which researchers have linked to interference in sexual development in infants and behaviours in adults,” reported Sky News.

The chemical, which is used to make plastics more flexible, is being transmitted to humans via toys, food and other items.

Exposure to such chemicals has also worsened as a result of face masks becoming ubiquitous since the start of the COVID pandemic.

Last year, a CNN piece acknowledged that if sperm was an animal it might be “heading toward extinction in western nations” and that one of the potential causes of testosterone and sperm counts are plummeting across Europe and North America was “pollution and chemicals in our food, clothes and water.”

The establishment has also relentlessly promoted the ‘virtues’ of not having children to westerners for decades, one of the latest examples being a piece about “the benefits of being single” published by CNN on Valentine’s Day.

The NYT piece also completely fails to mention how many of the same people now pushing global warming alarmism also pushed the ‘population bomb’ myth for decades from the 1960’s onwards.

America’s fertility rate currently stands at 1.8 births per woman.

From 2007 to 2011 the fertility rate in the U.S. declined 9% in the space of just 4 years.

In 2016, the U.S. fertility rate fell to 59.8 births per 1,000 women, the lowest since records began.

Fertility rates for white women were down in every US state in 2017, while among black and Hispanic women, fertility rates were up in 12 and 29 states, respectively.

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Pharmafia is not only Capitalism’s most convicted felon, but also the most successful justice-avoidant felon


If you think this is not your problem because you’re not living in US, think again:

INDIA BLACKLISTED US CDC FOR SECRETLY FUNDING BIOWEAPONS RESEARCH IN MANIPAL


The former CDC director Robert Redfield has just said on CNN that the WHO narrative on the pandemic inception makes no sense, the virus most likely escaped much earlier from an Wuhan biolab, not a meat market. “It’s not unusual for viruses to escape labs”, he said, and, boy, doesn’t he know about it!
I’ve seen no evidence of SARS-COV-2, but it’s spectacular to keep watching every day some “authoritative sources” arguing themselves and each other, and unintentionally bringing up stuff that’s been previously swept under various carpets. Keep it up!



The USA TODAY Network’s “Biolabs in Your Backyard” investigation, published since 2015, has revealed hundreds of accidents at corporate, university, government and military labs nationwide. It also has exposed a system of fragmented federal oversight and pervasive secrecy that obscures failings by facilities and regulators.

In January 2015, in an effort to determine the extent of lab accidents at the agency’s facilities, USA TODAY filed a FOIA request seeking copies of all incident reports at CDC labs in Atlanta and Fort Collins during 2013 and 2014. The CDC granted the request “expedited” processing status because USA TODAY demonstrated a compelling public need for the information. But the agency has said it will likely be 2018 before the records are released.

The newly disclosed 2009 incident in the BSL-4 decontamination shower is among about 4,000 pages of records the agency released in late January  in response to two FOIA requests USA TODAY filed in June 2012. Those requests sought records about airflow and security door incidents at CDC’s $214 million, 368,000-square-foot  Emerging Infectious Diseases Laboratory in Atlanta, commonly referred to by the agency as Building 18.

Most of these released records — which focus on airflow engineering issues in labs — involve a 2012 incident that USA TODAY reported four years ago based on documents obtained from sources. The issue involved air from inside a potentially contaminated lab briefly blowing outward into a “clean” corridor where a group of visitors weren’t wearing any protective gear. Among other incidents revealed in the records:

  • In 2011, a worker feeding animals in an enhanced biosafety level 3 lab used for studies on dangerous strains of avian flu, was unable to shower out of the lab after a construction contractor mistakenly closed the wrong water valve in a service tunnel. Not knowing when the water would come back on, the worker removed her protective equipment, put on a clean protective suit and left the lab without taking a shower. “I escorted her through the service tunnel to building (redacted) where she signed into our (redacted) select agent laboratory. She disposed of the tyvek suit in a biohazard bag, placed her scrubs in the laundry bin, and took a personal shower.” The CDC told USA TODAY that because the potential for any exposure was considered low risk, a medical evaluation was not required.
  • In 2008 an unvaccinated repair worker was potentially exposed to an undisclosed pathogen when a door containing contaminated items unexpectedly opened in a malfunctioning device, called an autoclave, that is used to sterilize equipment and other items. The infectious materials inside the device included bedding from infected mice and used laundry.  While a report of the incident said that any material that may have escaped through the clean-side door that opened “was likely to be drawn upward toward the exhaust,” the worker was told to shower and his clothes, shoes, wallet, watch and other personal items were disinfected. He was escorted to the clinic for evaluation. The report notes that the autoclave “was installed backwards during building construction” and that as a result, the manual override controls for doors are reversed “which ultimately resulted in the incident.”

Building 18, which opened in 2005 has had a series of significant issues over the years. While the building’s many other high-containment and lower security labs were in operation from the start, its suite of BSL-4 labs did not go “hot” and start working with pathogens until around early 2009. The lab complex made news in 2007 when backup generators didn’t work to keep airflow systems working during a power outage and in 2008 for high-containment lab door that was being sealed with duct tape. The duct tape was applied after a 2007 incident where the building’s ventilation system malfunctioned and pulled potentially contaminated air out of the lab and into a “clean” hallway. Nine CDC workers were tested for potential exposure to Q fever bacteria. None were infected.

Read all the records released by CDC in response to USA TODAY’s 2012 Freedom of Information Act requests here and here.

The full coverage of USA TODAY’s investigation used to be hosted on its own separate website, biolabs.usatoday.com , but they deleted it, unsurprisingly.

CDC keeps secret its mishaps with deadly germs

CDC failed to disclose lab incidents with bioterror pathogens to Congress

Newly disclosed CDC biolab failures ‘like a screenplay for a disaster movie’

CDC labs repeatedly faced secret sanctions for mishandling bioterror germs

As we’ve shown in our video too, a wide range of mainstream media outlets have reflected the situation over the years, not just USA Today, being quite critical of it, but with almost no impact on the general population. Ah, well…

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Sometimes my memes are 3D. And you can own them. Or send them to someone.
You can even eat some of them.
CLICK HERE

UPDATE: LATER JOSH ROGIN APPEARANCE ON JOE ROGAN’S PODCAST

Washington Post’s Josh Rogin Calls Out Media for Ignoring Fauci’s Potential Connection to Wuhan Lab

Rudy Takala  April 25, 2021


Washington Post columnist Josh Rogin lamented the media’s refusal to discuss aspects of the Covid-19 pandemic, including Dr. Anthony Fauci’s potential connection to a Wuhan lab, in an interview with Megyn Kelly.

a man wearing a suit and tie: Anthony Fauci Tasos Katopodis/Getty Images© Provided by Mediaite Anthony Fauci Tasos Katopodis/Getty Images

“This body of research, this gain-of-function research, the whole world of virologists … it’s very insular,” Rogin said in an interview on Kelly’s podcast. “I often talk to scientists who say the same thing, who say, ‘Listen, we really want to speak out about this, but we can’t do it.’ Why can’t we do it? Well, We get all of our funding from NIH, or NIAID, which is run by Dr. Fauci. … And so we can’t say anything like ‘Oh, gain-of-function research might be dangerous, or it might have come from a lab, because we’re going to lose our careers, we’re going to lose our funding, we’re not going to be able to do our work.’

“Gain-of-function” research focuses on artificially enhancing the transmissibility of pathogens. In the five years prior to the coronavirus pandemic, that research was spearheaded in China by the Wuhan Institute of Virology. The U.S. National Institute of Allergy and Infectious Diseases, which Fauci has led since 1984, oversees funding for most of the related research in America. The agency falls under the National Institutes of Health, which Rogin referenced.

“The head of the funding, the head of the entire field, really, is Anthony Fauci,” Rogin said. “He’s the godfather of gain-of-function research as we know it. That, what I said right there, is too hot for TV, because people don’t want to think about the fact that our hero of the pandemic … might also have been connected to this research, which might also have been connected to the outbreak.

“The problem is not that they were doing something wrong or illegal,” he noted. “The problem is that nobody knows what this legal stuff was that was going on. And now, all of a sudden, we have to take a look at it.”

Fauci has inspired critics in some quarters for his role in approving a $3.7 million grant to the Wuhan lab in 2015 to engage in related research, which came just a year after the Obama administration issued a moratorium on conducting such research in the U.S.

Rogin claimed in a book published last month that sources informed him China engaged in that research more aggressively than was previously understood, arguing that it contributed to evidence the Covid-19 pandemic stemmed from the lab in Wuhan.

“The Wuhan Institute of Virology had openly participated in gain-of-function research in partnership with U.S. universities and institutions,” Rogin noted in the book. “But [an] official told me the U.S. government had evidence that Chinese labs were performing gain-of-function research on a much larger scale than was publicly disclosed, meaning they were taking more risks in more labs than anyone outside China was aware of. This insight, in turn, fed into the lab-accident hypothesis in a new and troubling way.”

Rogin expanded on that statement in his interview with Kelly, saying, “Dr. Fauci, the hero of the pandemic, might also have had a role in the research that may have caused the pandemic.”

“People can’t get it through their heads, but that’s the reality,” he added, before lamenting that the topic was largely absent from public dialogue. “We don’t have a media environment where we can have that kind of discussion.”

Listen above via The Megyn Kelly Show.
The post Washington Post’s Josh Rogin Calls Out Media for Ignoring Fauci’s Potential Connection to Wuhan Lab first appeared on Mediaite, but we picked it up from Microsoft News.

Our work and existence, as media and people, is funded solely by our most generous readers and we want to keep this way.
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You can even eat some of them.
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Remember Silverstein, the dude who cashed some billions insurance for the WTC towers that fell on 9/11?
I’ve often likened that event and the Plandemic and guess what: the Plandemic has its own Silversteins. Possibly same ones at the top of the tops.

About a year ago I wrote a big expose on how the banksters and the mob that gravitate around the World Bank set up the current world order and the Plandemic. I’m afraid you have to start there, no way around it if you want to get the big picture.
Also read: (1ST ANNIVERSARY SPECIAL) SOROS A ROTHSCHILD FRONTMAN, FORGED IMF-CHINA ALLIANCE. WE’RE LIVING THE CONSEQUENCES
I’ve never stopped adding evidence since and it’s overflowing. This new piece deserves its own feature.

THE SHORT COURSE FOR THE ADD-AFFLICTED

THE LONG COURSE, BECAUSE EVIL HIDES IN DETAILS

May 2016 – The World Bank announces the creation of the Pandemic Emergency Financing Facility (PEF)

The event took place at the G7 Finance Ministers and Central Governors meeting in Sendai, Japan. The PEF is a scheme to channel funding to countries facing a major disease outbreak with pandemic potential.

2017 – The creation of the Global Preparedness Monitoring Board

The Global Preparedness Monitoring Board (GPMB) is an independent monitoring and accountability body co-convened by the World Bank and World Health Organization, created in response to recommendations by the UN Secretary General’s Global Health Crises Task Force in 2017.

Despite progress made since the West Africa Ebola crisis in 2014/15, GPMB’s 2019 report, A World At Risk noted an increasingly dire risk of widespread epidemics, and found that the world remained unprepared. GPMB warned that epidemic-prone diseases like Ebola, influenza and SARS were increasingly difficult to manage in the face of prolonged conflict, fragile states, and forced migration.

June 2017 – World Bank Launches First-Ever Pandemic Bonds to Support $500 Million Pandemic Emergency Financing Facility

Washington, DC, June 28, 2017 – The World Bank (International Bank for Reconstruction and Development) today launched specialized bonds aimed at providing financial support to the Pandemic Emergency Financing Facility (PEF), a facility created by the World Bank to channel surge funding to developing countries facing the risk of a pandemic.

This marks the first time that World Bank bonds are being used to finance efforts against infectious diseases, and the first time that pandemic risk in low-income countries is being transferred to the financial markets.

The PEF will provide more than $500 million to cover developing countries against the risk of pandemic outbreaks over the next five years, through a combination of bonds and derivatives priced today, a cash window, and future commitments from donor countries for additional coverage.

The transaction, that enables PEF to potentially save millions of lives, was oversubscribed by 200% reflecting an overwhelmingly positive reception from investors and a high level of confidence in the new World Bank sponsored instrument. With such strong demand, the World Bank was able to price the transaction well below the original guidance from the market. The total amount of risk transferred to the market through the bonds and derivatives is $425 million.

“With this new facility, we have taken a momentous step that has the potential to save millions of lives and entire economies from one of the greatest systemic threats we face,” World Bank Group President Jim Yong Kim said. “We are moving away from the cycle of panic and neglect that has characterized so much of our approach to pandemics. We are leveraging our capital market expertise, our deep understanding of the health sector, our experience overcoming development challenges, and our strong relationships with donors and the insurance industry to serve the world’s poorest people. This creates an entirely new market for pandemic risk insurance. Drawing on lessons from the Ebola Outbreak in West Africa, the Facility will help improve health security for everyone. I especially want to thank the World Health Organization and the governments of Japan and Germany for their support in launching this new mechanism.”

Source

The World Bank announced the creation of the PEF in May 2016 at the G7 Finance Ministers and Central Governors meeting in Sendai, Japan. The PEF will quickly channel funding to countries facing a major disease outbreak with pandemic potential. Its unique financing structure combines funding from the bonds issued today with over-the-counter derivatives that transfer pandemic outbreak risk to derivative counterparties. The structure was designed to attract a wider, more diverse set of investors.

The PEF has two windows. The first is an ‘insurance’ window with premiums funded by Japan and Germany, consisting of bonds and swaps including those executed today. The second is a ‘cash’ window, for which Germany provided initial funding of Euro 50 million. The cash window will be available from 2018 for the containment of diseases that may not be eligible for funding under the insurance window.

The bonds and derivatives for the PEF’s ‘insurance’ window were developed by the World Bank Treasury in cooperation with leading reinsurance companies Swiss Re and Munich Re. AIR Worldwide was the sole modeler, using the AIR Pandemic Model to provide expert risk analysis. Swiss Re Capital Markets is the sole book runner for the transaction. Swiss Re Capital Markets and Munich Re are the joint structuring agents. Munich Re and GC Securities, a division of MMC Securities LLC are co-managers.

Swiss Re Capital Markets Limited, Munich Re and GC Securities were also joint arrangers on the derivatives transactions.

The bonds will be issued under IBRD’s “capital at risk” program because investors bear the risk of losing part or all of their investment in the bond if an epidemic event triggers pay-outs to eligible countries covered under the PEF.

The PEF covers six viruses that are most likely to cause a pandemic. These include new Orthomyxoviruses (new influenza pandemic virus A), Coronaviridae (SARS, MERS), Filoviridae (Ebola, Marburg) and other zoonotic diseases (Crimean Congo, Rift Valley, Lassa fever).

PEF financing to eligible countries will be triggered when an outbreak reaches predetermined levels of contagion, including number of deaths; the speed of the spread of the disease; and whether the disease crosses international borders.

The determinations for the trigger are made based on publicly available data as reported by the World Health Organization (WHO).

Countries eligible for financing under the PEF’s insurance window are members of the International Development Association (IDA), the institution of the World Bank Group that provides concessional finance for the world’s poorest countries. The PEF will be governed by a Steering Body, whose voting members include Japan and Germany. WHO and the World Bank serve as non-voting members.

The World Bank has developed some of the most innovative catastrophe risk insurance instruments in the market to help developing countries manage risk. In the past ten years the institution has executed approximately $1.6 billion in catastrophe risk transactions.

IBRD Pandemic Bonds Distribution by Investor Type and Location
Distribution by Investor TypeClass AClass B
Dedicated Catastrophe Bond Investor61.7%35.3%
Endowment3.3%6.3%
Asset Manager20.6%16.3%
Pension Fund14.4%42.1%
Distribution by Investor LocationClass AClass B
US27.9%15.0%
Europe71.8%82.9%
Bermuda0.1%2.1%
Japan0.2%0.0%
IBRD Pandemic Bonds Summary Terms and Conditions*
Type of NoteClass AClass B
Issuer:International Bank for Reconstruction and DevelopmentInternational Bank for Reconstruction and Development
Trade Date:June 28, 2017June 28, 2017
Final Size (Bond only)**USD 225 millionUSD 95 million
Settlement Date:July 7, 2017 July 7, 2017
Scheduled Maturity Date:July 15, 2020 extendable monthly in whole or in part, up to a maximum of 12 months following the Scheduled Maturity DateJuly 15, 2020 extendable monthly in whole or in part, up to a maximum of 12 months following the Scheduled Maturity Date
Issue Price:100%100%
Bond Coupon:6m USD LIBOR +6.50%6m USD LIBOR +11.10%
Covered Perils:Flu, CoronavirusFilovirus, Coronavirus, Lassa Fever, Rift Valley Fever and Crimean Congo Hemorrhagic Fever
Redemption Amount:The Notes will not be fully repaid if an event occursThe Notes will not be fully repaid if an event occurs

 (*) Please see the Supplemental Prospectus for a detailed description of the Terms and Conditions of the bonds, the related risks with regard to an investment in the bonds and the relevant offering restrictions. Any offer of the bonds will solely take place on the basis of the Supplemental Prospectus prepared by the World Bank or on behalf of the World Bank. 
(**) There was an additional $105 million size done in the derivatives market.

Our take out from this?
Remember the strange numbers reported during the first “casedemic of 2020”? They determined how much money WB pays and to whom.
But WB and the funky bunch are also behind WHO, so it’s safe to say controlled the situation at all times and could arbitrarily decide whatever.

WORLD BANK SAYS COVID-19 TEST KITS ARE BEING SOLD SINCE 2017

2018 – World Bank Group’s Pandemic Emergency Financing Facility (PEF) Welcomes Australia as New Donor

WASHINGTON, JUNE 21, 2018 — The World Bank Group’s Pandemic Emergency Financing Facility (PEF)  welcomes Australia as a donor to the PEF, joining Japan and Germany. Australia is contributing US$7.2 million to the PEF’s Cash Window, which was set up through an initial contribution from Germany. Australia will also now be a voting member of the PEF Steering Body.

“With this contribution to the PEF, Australia is supporting the scaling up of national and international responses to infectious disease outbreaks,” said the Hon Julie Bishop MP, Minister for Foreign Affairs, Australia“We are committed to working with international partners to reduce the risk of global pandemics and improve health security for all.”

“The PEF ensures that we break the cycle of panic and neglect which has so far characterized the global approach to pandemics,” said Annette Dixon, Vice President, Human Development at the World Bank Group. “It is a key example of the World Bank Group’s commitment to creating innovative financing mechanisms to tackle complex global challenges, working with country governments, donors, international partners and the private sector.”

“The robust and swift contribution of the PEF just in the past week has underlined its role as a new model for financing pandemic response with speed and flexibility,” said Mukesh Chawla, Coordinator of the PEF and Advisor, World Bank Group. “It ensures that money is never the reason holding back effective response.”

The PEF, set up by the World Bank Group in partnership with Japan, Germany, the World Health Organization (WHO), and private sector partners, has been operational since July 2017 and consists of both a cash and an insurance component.  The PEF’s $425 million Insurance Window with premiums funded by Japan and Germany, consists of bonds placed on the capital markets. This would be triggered if a much larger, multi-country response is needed. All activation criteria are based upon publicly available data provided by the WHO. The PEF covers 78 of the world’s poorest countries against pandemic threats and is the first mechanism to be expressly designed for this purpose.


Source

May 2019 – updates on Pandemic Emergency Financing Facility


Image

Click here to zoom in.


The Pandemic Emergency Financing Facility (PEF) – a financing mechanism housed at the World Bank  –  is designed to provide an additional source of financing to help the world’s poorest countries respond to cross-border, large-scale outbreaks.  The PEF complements the much larger role that IDA, the World Bank’s fund for the poorest countries, and other international organizations and donors play in financing outbreak response. The PEF’s design is unique in that payments can go directly to governments and pre-approved frontline responder organizations (such as WHO & UNICEF) and it can do so through either its cash window — or once triggered through its insurance window.

Pandemic Emergency Financing Facility (PEF) Framework

PEF Operational Brief

PEF Operations Manual

PEF Accreditation Guidelines

PEF Prospectus (Term Sheet)

PEF Brochure | Spanish | French | Russian

February 2020 – Is the whole thing is designed to fail?

The Street does a really good job at explaining the scheme:
“In June 2017, the World Bank — the international financial institution that provides loans to poorer countries — sold around $425 million (€391 million) worth of bonds and derivatives aimed at providing financial support to developing countries facing the risk of a pandemic.

The less risky tranche of the bonds will not be paid back to investors if there are more than 2,500 deaths in developing countries as a result of a pandemic. Although China has recorded more than this number of deaths, the World Bank does not designate it a developing country.

By far the riskier of the two bonds is “Class B,” which sold $95 million in bonds (compared to $225 million for the less risky “Class A,” explained above). For Class B, if the disease crosses an international border and if there are at least 20 deaths in that second country, the investors’ money will be paid to developing countries dealing with the outbreak.

I do not come up with $425 million total. $225 million plus $95 million does not total $425 million.

Only those class B bonds are going to trigger.

An international crisis is brewing. There are 19 deaths in Iran, 12 in Italy, and 12 in South Korea.

One more death in Iran is all it takes unless there are other restrictions.

Designed to Fail

Bodo Ellmers, the director of the Global Policy Forum’s sustainable development finance program told the Financial Times the instrument was “useless.”

You obviously want to prevent a pandemic but it only pays out when it becomes a pandemic,” he said.

Olga Jones, who worked as an economist at the World Bank for three decades, said it was absurd that discussions for a second round of bonds for what is known officially as the Pandemic Emergency Financing Facility (PEF) had begun, as they were effectively “designed to fail.”

Many critics have also pointed to the fact that the severe attack of Ebola that hit the Democratic Republic of Congo in 2018 did not meet the conditions to trigger payment of the pandemic bonds despite the fact that almost 500 people died and that it was one of the largest outbreaks ever recorded.

Payout and Maturity

The Class A bonds feature an interest rate of 7% while the Class B bonds’ rate is 11%.

According to the PEF, around $75.5 million had been paid to bondholders in the form of premiums as of August 2019. The full amount paid in interest and coupons has not been disclosed. The bonds are set to mature in July 2020.

Painful Problem

The Wall Street Journal discusses the Painful Problem With Pandemic Bonds

“The idea behind pandemic bonds, issued by the World Bank in 2017, is simple: They pay investors a solid return, but if a pandemic breaks out, the principal is redirected to help low-income countries pay for their emergency response.

An investor who doesn’t do the legwork is liable to get burned when the bonds don’t behave as expected. At 386 pages, the prospectus for the World Bank’s class-B securities isn’t a light read.

The second and larger problem with pandemic bonds is one they don’t share with other catastrophe-related securities. During extreme events, they don’t offer a source of returns uncorrelated with major capital markets—one of the things buyers like most about the asset class.

Pandemic bonds are most likely to be triggered just as equities tumble and concerns about companies’ ability to finance themselves come to the fore, as now. In short, the asset class is uncorrelated with wider markets—except at the exact moment when that matters most. Then it is suddenly very correlated.”

Questions Abound

These bonds pay interest. How does the Wold Bank pay that interest?

Generally, companies issue bonds for expansion and expect to pay the debt back from future profits or current income.

What is the World Bank invested in or doing with the money to pay way above market rates?

Only the $95 million in class B bonds will trigger. But at 11% interest with a maturity date coming up, most of that money has been paid out.

Even if some developing nations do end up receiving pandemic bond money, it will be a trivial sum when compared with the economic damage from a sustained coronavirus pandemic.

Meanwhile the class A bond buyers have been collecting 7% with virtually no chance of losing their money by July of 2020 because China is not a developing nation.

The whole setup makes no sense unless failure was the intent all along.” – The Street

Or, unless it’s designed to not trigger more than conveniently, like electronic poker. – Silview

Intent is the hardest thing to demonstrate in the justice system. Except in this case. WB put years of effort in elaborating a “maze of confusion” when it comes to the bonds’ triggers, to avoid payment, as a former WB expert testifies in the Bloomberg video below. All that effort weighs now as evidence of premeditation. There’s literally a few kilos of evidence available, if printed.

The Guardian got it, but can’t fully say it

World Bank’s $500m pandemic scheme accused of ‘waiting for people to die’

Bonds designed to provide fast funding for poor countries branded ‘obscene’ because of complex payout criteria

A flagship $500m World Bank scheme to help the poorest countries deal with a health emergency is “too little too late” for the coronavirus outbreak, say health experts.

The first pandemic emergency financing (PEF) bonds were launched in 2017 by Jim Yong Kim, the bank’s president at the time, after the Ebola outbreak in west Africa. Designed to potentially “save millions of lives and entire economies” by speedily funnelling money to nations facing pandemics.

But critics say the “insanely complicated” terms of the high-interest bonds are heavily skewed towards investors, while for the victims any payouts may come too late, if at all.

One economist described the bonds, payouts from which depend on how deadly the outbreak is, as “obscene”.

Olga Jonas, a senior fellow at Harvard Global Health Institute who was an economist at the World Bank for three decades, said: “The whole mechanism is highly unfortunate. The objectives were to help the poorest countries respond quickly to outbreaks. Infectious disease spreads exponentially and the coronavirus has a very rapid growth rate. But the bonds only get triggered when the disease has spread for a long time.”

Jonas, who has analysed the bonds’ terms, said they were “so convoluted, it is not at all clear whether they will pay out at all. It is too little, too late – and in this case, maybe never.

“What’s obscene is that the World Bank set it up this way. It waits for people to die.”

Funds can only be released after a certain amount of time and in accordance with complex criteria including outbreak size, growth rate, deadlines and death tolls. In the case of coronavirus, the bonds would not pay out until 12 weeks after the World Health Organization (WHO) publishes its first “situation report”, which would not be until 23 March. Another criterion is that the outbreak is still growing.

The bonds, funded by donor nations Japan and Germany, deliver interest payments to investors until the conditions for an infectious disease outbreak are triggered.

The value of the bonds has halved as the coronavirus outbreak has spread, raising fears investors could face losses.

Meanwhile, the WHO has appealed for £520m for “frontline efforts” to contain coronavirus. The disease has infected more than 82,000 people and killed over 2,800 people in 51 countries to date, but has not yet been declared a pandemic by the WHO.

Clare Wenham, assistant professor in global health policy at the London School of Economics, said: “If you really wanted to ensure global health security you would link the payout of the bonds to a decision around declaring a public health emergency of international concern or a national emergency.”

Wenham co-authored a paper criticising pandemic bonds in which it was found that more money was paid out to investors than to countries facing disease outbreaks. Payments would have only been triggered in two out of more than 60 disease outbreaks analysed – Ebola in west Africa and rift valley fever in 2006, the paper found.

Wenham said: “If the aim of it is to prevent pandemics, why would you wait for arbitrary numbers? Global health security is predicated on prevention rather than response, so waiting for it to get to a certain number of deaths in a certain number of countries before they pay out, is counterintuitive. It is not fit for purpose.

“No one has thought about it holistically. If public health officials have made a declaration of a global health emergency of international concern, there should be some mechanism for financing so that the WHO doesn’t have to go around the houses asking for money.”

Bodo Ellmers, director of Global Policy Forum’s sustainable development finance programme, said: “The idea was that it would be a quick instrument, but it was set up with such stringent criteria that the risk for investors is very low. The design, taking the number of dead people as a criteria, is very cynical.”

The scheme’s “fundamental flaw” is that it was aimed at preventing a pandemic but would only pay out when a pandemic was already underway, said Ellmers.

The World Bank said a PEF payout had been triggered after the Ebola outbreak of 2018 and 2019 in the Democratic Republic of the Congo, providing a total of $61.4m to fight the disease.

The bank added that it has rolled out a series of tools to better assist countries during critical outbreaks, epidemics and pandemic threats.

It is capable of fast-tracking funds via existing projects and could fund emergency operations within three months – although in past cases, such as Ebola, it had provided support within two weeks.

Around the same time, February 2020, Washington Examiner doesn’t have the guts to put out such conclusion, but confirms pretty much everything else:

“Investors betting big against catastrophic diseases are watching the World Health Organization closely as insurance bonds tied to whether the organization labels COVID-19 a pandemic are set to mature in June.

In 2017, the World Bank designed a new way to raise money: Pandemic Emergency Financing bonds. Over $425 million worth of such bonds, which bet against a global outbreak of infectious diseases and will default if WHO declares the coronavirus a pandemic, were sold by the World Bank in its first-ever issuance of catastrophe bonds. In the event of no pandemic, investors would be paid a healthy annualized return. Meanwhile, the World Bank could use the bonds to insure itself against the risk of a global outbreak.

“As an investor, we do not want to lose money,” said Chin Liu, a portfolio manager at Amundi Pioneer, a Boston-based firm that purchased the bonds as a way to diversify the company’s $1 billion catastrophe fund. “But then, we also understand if it’s unfortunately triggered, it benefits every single person, including ourselves, to keep the virus controlled.”

For large-scale investors looking for above-average returns in a bloated market, the bonds were the next logical place to hedge against disaster. At the time of issuance, then-World Bank President Jim Yong-Kim heralded the bonds as an opportunity to leverage “capital market expertise to serve the world’s poorest people.”

The bonds were administered in two tranches, with Class A bond investors receiving a return of 6.9% annually. Class B bond investors received 11.5% annually. The World Bank raised $225 million in Class A bonds and $95 million in Class B bonds.

The investors, mainly endowments and pension funds, have long bet against natural disasters such as hurricanes, but the 2017 issuance of the bonds marked a shift in the market. Before, investors were betting on the wind speed of hurricanes, but now, they were betting on the likelihood of an infectious disease that could tear through nations across the globe.

“This marks the first time that World Bank bonds are being used to finance efforts against infectious diseases, and the first time that pandemic risk in low-income countries is being transferred to the financial markets,” read a statement from the World Bank at the time of issuance.

The conditions under which the payout on bonds will default are staggered based on how rapidly the disease spreads, the number of deaths associated with the illness, and whether the virus crosses international borders.

March 2020 -more people start to wake up to the scam.

Jacobin Mag: “Twelve weeks passed on March 23, and death is raining down on countries rich and poor. More than 770,000 cases of coronavirus have been reported worldwide, and in some places, infections and deaths are doubling every few days. Yet the World Bank says that eligible countries — so far Afghanistan, Pakistan, Nigeria, Cambodia, Senegal, and Nepal — won’t know if they will get any money until April 9 at the earliest.

This is despicable. Even wealthy countries are failing to contain the deadly virus. Poor countries that, for centuries, have seen their wealth and resources pilfered and plundered by rich nations, are facing down a tidal wave of infection and death without adequate medical supplies and facilities. Millions of people in these countries have compromised immune systems due to malnutrition, live in housing and communities that make social distancing impossible, and lack even the most basic necessities of disease prevention, such as access to water and soap for handwashing.

However, in this moment of crisis, when every second counts, global capital is sitting on its hands, holding desperately needed funds hostage as investors decide whether they are required to honor their end of the deal.

The pandemic bonds were advertised by the World Bank as a great way to “tackle social ills through private investment.” Instead, the bonds are yet another example of how hollow most so-called ESG investment is. They demonstrate how private investors have an uncanny ability to profit from social ills — and how, even in times when global solidarity is desperately needed, global capital can’t seem to look past the bottom line.”

APRIL 2020 – THE WORLD IS SCANDALIZED, THE WORLD BANK ACCEPTS TO PAY A LITTLE OVER HALF THE MONEY

The beginning of the month sees surprising attacks on WB, even from usual allies, who probably have to think of their media reputation before WB’s

So, finally, on April 20, 2020, WB makes the big announcement:

“All activation criteria including outbreak size, spread and growth have been met,” the World Bank said in an update on its website, referring to the coronavirus outbreak, adding PEF bonds and swaps were expected to pay out $195.84 million. (Out of 322 milion – S.m)

A steering body will now meet to determine how to allocate the funds to so-called IDA countries – a group of 76 of the world’s poorest nations, the World Bank said. The committee is made up of Australia, Germany, Japan, the World Health Organization, UNICEF, the World Bank, and two IDA countries – currently Haiti and Liberia…

Campaigners have also been critical of the complex structure of the instrument, which requires five variables on the number of deaths, the velocity of its spread and its geographical spread to be reached before paying out.

This had been an obstacle to quick deployment, said Bodo Ellmers, director of sustainable development finance at Global Policy Forum, an independent policy watchdog.

“If those funds had been paid out earlier they could have been used to prevent the spread in some of those poor countries – the later you intervene the costlier it gets, in terms both of lives and money needed to remedy the situation,” he said.

Deutsche Welle reports: “The World Bank’s bond sale was 200% oversubscribed, meaning investors saw moneymaking opportunities with the high-yield returns on offer. Most buyers came from Europe, and included specialized catastrophe bond investors as well as asset managers and pension funds.

According to Bloomberg, asset managers including Bailie Gifford, Amundi and Stone Ridge Asset Management are among those who hold the riskier Class B bonds.

The interest and coupon payments made to investors have been funded largely by the donor nations Japan and Germany.  The Class A bonds feature an interest rate of 7% while the Class B bonds’ rate is 11%.

According to the PEF, around $75.5 million had been paid to bondholders in the form of premiums as of August 2019. The full amount paid in interest and coupons has not been disclosed. The bonds are set to mature in July 2020.”

We later found out that investors made about 96 million in 2020.
The governments who donated for this have no money of their own, they spend your money.

December – 2020 WB still pounded by media and investors for PEF’s failure:

India Times delivered the best indictment in mainstream media, from what I’ve seen so far:

How pandemic bonds became the world’s most controversial investment

In late January 2015, just after the deadliest outbreak of Ebola in history, then-World Bank President Jim Yong Kim stood in front of a group of Georgetown University students and professors to introduce a new approach to fighting pandemics.

Fresh from the annual gathering of power brokers and policy makers in Davos, Kim described a new type of financial product – “pandemic bonds” – that he hoped would persuade private investors to swell the World Bank’s coffers. …

Five years later, Summers had some different words for Kim, though you probably won’t hear the former World Bank president repeat them in public. The approach was “a dumb idea,” Summers said in a February 2020 email to a Harvard colleague seen by Bloomberg News. Modeled on catastrophe debt that pays insurance claims on natural disasters, the program was too complicated and ultimately unnecessary, he suggested, “like me insuring my toaster.”

Trumpeted by the World Bank at their launch as an innovative example of a public-private partnership, pandemic bonds have since become the subject of intense criticism for failing to divert money fast enough to battle deadly waves of Ebola and Covid-19. Academics from Harvard to the London School of Economics have lambasted the program for being ineffective and expensive, and the World Bank has confirmed it won’t issue a second round of the debt.

But the pandemic bonds weren’t designed to default at the earliest sign of a pandemic. The 386-page prospectus for the debt covered a range of outbreaks including Ebola, influenza and coronaviruses and spelled out very specific conditions for writedown – an effort to automate the typically political process of distributing funds. The list of triggers was long and complex, balancing investors’ desires for a long payout stream with the World Bank’s need to disburse the money to countries that need it. “We had to think through how this instrument should actually function, what kind of diseases should be addressed,” said Ivo Menzinger, who leads the group responsible for public sector solutions at Swiss Re. “During that process it got considerably broader.”…

when Ebola returned in 2018 to ravage West Africa again, the bonds failed to trigger. The virus killed almost 2,300 in the Democratic Republic of Congo, but per the criteria in the prospectus, it didn’t spread far enough, fast enough to qualify as a pandemic. In an effort to avoid political grappling over donor funds, the pandemic bonds relied on mechanical triggers that failed to fire. So investors kept getting paid interest and retained their principal. Meanwhile, the World Bank allocated $61 million from the PEF’s “cash window” – the discretionary portion of money funded by donor contributions – to help fight the outbreaks.

Even when Covid-19 began to sweep the globe earlier this year, it was unclear whether the bonds would get written down. The coronavirus had killed almost 150,000 people in dozens of countries before the casualty rates aligned with the “exponential growth” requirement set out in the bond prospectus. On April 16, more than five weeks after the WHO had declared a global pandemic, AIR Worldwide issued a report confirming that the conditions for a writedown had been met, diverting $132.5 million to the World Bank for disbursement. A further $63.3 million came from the swaps struck with Munich Re and Swiss Re.

“The triggers had to be late and they had to be convoluted and complex to reduce the probability that the financing would be triggered,” says Olga Jonas, a critic of the bonds who worked for more than three decades at the World Bank …

Meanwhile, the World Bank quietly announced it would not be issuing a second round of the debt. Unlike the launch of the pandemic bonds, the news came with little fanfare; it was just one line added to their website.

“The issues raised by COVID-19 are profound and require a deep rethinking of our pandemic response infrastructure,” Kim said. “If we can say that the PEF got it wrong, it wouldn’t be the only institution or instrument that got it wrong.”

Read more at:
https://economictimes.indiatimes.com/markets/bonds/how-pandemic-bonds-became-the-worlds-most-controversial-investment/articleshow/79655582.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

What silview.media makes of all these facts

Learning what we have learned about the World Bank worrying about an impending economic collapse and, in parallel, setting up this pandemic, one may be confused how all this falls together in the grand scheme. Failing to see it is due to overcomplication, I suspect. Brush off the meaningless details and go for the essential questions:

How did this work, most basically?
Fabricated disease fearmongering and unrealistic promises persuaded some fools to transfer money to some con artists, under various pretenses.
WHO benefitted?
The con artists and the Great Reset budgets.
Who lost?
The total morons who haven’t yet learned why it’s not good to swim with sharks, no matter how you see yourself. And if it’s not good to swim with them, giving them money sounds even dumber.
Where have we seen this “business model” before?
Vaccines / WHO / GAVI…

EPILOGUE

APRIL 2021: WHO BOSS MENTIONS THE BONDS ON THE LIST OF THEIR PAST SUCCESSES

Around min. 13 in the video below.

MARCH 2021: WB RELAUNCHES CATASTROPHE BONDS

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ORDER

Yes, the vaccine passports too, like many other “novel ideas” brought up by the “novel” Macarenavirus, have been actually planned long ago.

DOWNLOAD PDF FROM EUROPEAN COMMISSION WEBSITE

IN OTHER NEWS

24 world leaders announce international pandemic treaty to implement Great Reset agenda

Signatories include the head of the World Health Organization, as well as the leaders of France, Germany, the U.K., and other countries.

March 31, 2021 (LifeSiteNews) –– A host of global leaders issued a call for a global pandemic treaty, purportedly in order to prevent future pandemics, distribute vaccinations, and implement a unilateral approach to global governance.

U.K. Prime Minister Boris Johnson, French President Emmanuel Macron, German Chancellor Angela Merkel, the head of the World Health Organisation (WHO), as well as 20 other world leaders, joined forces in penning a joint letter with the apparent intent of winning popular support for the globalist plan.

Writing in U.K. paper The Telegraph, as well as other publications such as Le Monde in France, the leaders declared their intent to “build a more robust international health architecture that will protect future generations.”

Calling COVID-19 the “biggest challenge to the global community since the 1940s,” the 24 leaders predicted that there “will be other pandemics and other major health emergencies.”

“No single government or multilateral agency can address this threat alone,” they declared. “The question is not if, but when. Together, we must be better prepared to predict, prevent, detect, assess and effectively respond to pandemics in a highly co-ordinated fashion. The Covid-19 pandemic has been a stark and painful reminder that nobody is safe until everyone is safe.”

This final phrase could indicate the influence which World Economic Forum (WEF) founder and committed globalist Klaus Schwab enjoys over the 24 leaders. Just weeks ago, Schwab declared, “As long as not everybody is vaccinated, nobody will be safe,” a statement which in itself poses an interesting question about the trust which such leaders are placing in their much praised, but dangerousexperimental injections.

The leaders re-affirmed their joint aim of global vaccination, describing it as “global public good.”

In order to achieve that “public good,” and to ensure swift roll-out of vaccines across the globe, the 24 globalists initiated their new international treaty: “[W]e believe that nations should work together towards a new international treaty for pandemic preparedness and response. Such a renewed collective commitment would be a milestone in stepping up pandemic preparedness at the highest political level.”

This treaty would be based on the principles of the WHO, drawing from the WHO’s constitution, as well as calling on “other relevant organisations key to this endeavour.” The WHO’s director-general, Dr. Tedros Adhanom Ghebreyesus, was one of the signatories of the statement.

“The main goal of this treaty would be to foster an all of government and all of society approach, strengthening national, regional and global capacities and resilience to future pandemics,” the leaders declared.

“This includes greatly enhancing international co-operation to improve, for example, alert systems, data-sharing, research and local, regional and global production and distribution of medical and public health counter-measures such as vaccines, medicines, diagnostics and personal protective equipment.”

Nor would it be centered purely on globalist vaccination agendas. Due to the leaders’ “One Health” approach, it would build on the principle of a connection between “the health of humans, animals and our planet.”

In language reminiscent of the Great Reset agendapromoted by the WEF and Klaus Schwab, the leaders mentioned that the new treaty would lead to a lack of national interests, and increased international concerns: “[S]uch a treaty should lead to more mutual accountability and shared responsibility, transparency and co-operation within the international system and with its rules and norms.”

No section of society would be exempt from becoming involved in the new treaty, whatever it may turn out to look like, with the world leaders pointing out that “we will work with heads of state and governments globally, and all stakeholders including civil society and the private sector.”

Declaring that the coronavirus, which originated in Wuhan, China, had “exploited our weaknesses and divisions,” the leaders pronounced it to be their “responsibility” to “ensure that the world learns the lessons of the Covid-19 pandemic,” and to “seize this opportunity and come together as a global community for peaceful co-operation that extends beyond this crisis.”

The proposal is due to be further discussed among national leaders at the June G7 summit in Cornwall in the U.K., where Boris Johnson will join his counterparts from Canada, France, Germany, Italy, Japan, the U.S., and the E.U. Meanwhile, the 24 signatories warned that their new plan “will take time and require a sustained political, financial and societal commitment over many years.”

Speaking to BBC Radio, the WHO’s special COVID envoy Dr. David Nabarro, echoed the language employed by the 24 leaders, noting that it would be 2022 before the globalist agenda of world vaccination was complete, and thus hinted at “all sorts of problems with variants,” before that goal was complete.

The planned treaty appears to align very closely with the Great Reset goals of Klaus Schwab. The World Economic Forum’s promotion of the Reset even employs matching terminology, describing “leaders” who “find themselves at a historic crossroads.”

The societal disruption caused by the Wuhan virus presents “a unique window of opportunity to shape the recovery” for Schwab, who added that “this initiative will offer insights to help inform all those determining the future state of global relations, the direction of national economies, the priorities of societies, the nature of business models and the management of a global commons.”

Indeed, the link between the new international treaty and the Great Reset caused veteran presenter Richie Allen to write, “This is terrifying. For many years, I have been featuring writers, researchers and academics who warned us that this would happen. This is the end game.”

Such a treaty was simply about “concentrating power in the hands of a tiny elite,” explained Allen. “It’s what globalists have been working towards for decades.”

The full list of signatories is found below:

J. V. Bainimarama, prime minister of Fiji; António Luís Santos da Costa, prime minister of Portugal; Klaus Iohannis, president of Romania; Boris Johnson, prime minister of the United Kingdom; Paul Kagame, president of Rwanda; Uhuru Kenyatta, president of Kenya; Emmanuel Macron, president of France; Angela Merkel, chancellor of Germany; Charles Michel, president of the European Council; Kyriakos Mitsotakis, prime minister of Greece; Moon Jae-in, president of the Republic of Korea; Sebastián Piñera, president of Chile; Carlos Alvarado Quesada, president of Costa Rica; Edi Rama, prime minister of Albania; Cyril Ramaphosa, president of South Africa; Keith Rowley, prime minister of Trinidad and Tobago; Mark Rutte, prime minister of the Netherlands; Kais Saied, president of Tunisia; Macky Sall, president of Senegal; Pedro Sánchez, Prime Minister of Spain; Erna Solberg, prime minister of Norway; Aleksandar Vučić, president of Serbia; Joko Widodo, president of Indonesia; Volodymyr Zelensky, president of Ukraine; Dr. Tedros Adhanom Ghebreyesus, director-general of the World Health Organisation.

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History​ lessons we haven’t learned. After the Renaissance, most human abominations had been backed by fabricated “science​ consensus”, it became a good sales pitch in some cases. The idea that the health of the public is more important than the health of the individual is older, and it’s the perfect excuse for eugenics; it has been revitalized and modernized by Nazis, and the Fourth Industrial Revolution aka The Fourth Reich is normalizing it now​. Pharmafia​ and its lemmings are deeply involved in the Nazi experiments (Bayer/Monsanto/BASF especially).
No abuse could’ve happened without the participation of those who took on themselves to protect us from suffering. Today, the people who “care” have aligned behind our planetary kidnappers, and the people who science for health have since normalized cancer in kids. It’s a never-ending self-feeding pandemic​ of moral failure and low intellectual effort

“Cizik School of Nursing has created a REMI Platinum Award-winning documentary film that tells the grim cautionary tale of nurses who participated in the Holocaust and abandoned their professional ethics during the Nazi era. The 56-minute film, Caring Corrupted: the Killing Nurses of the Third Reich, casts a harsh light on nurses who used their professional skills to murder the handicapped, mentally ill and infirm at the behest of the Third Reich and directly participated in genocide.” – Cizik School of Nursing

The Cizik School of Nursing at Health University of Texas is ranked in the Top 12 Percent of graduate nursing programs nationwide, according to the latest survey results by U.S. News and World Report. Nurse Anesthesia master’s/doctorate program (at No.8) still is ranked by U.S. News in the Top 10 in the U.S. Since 1972, Cizik School of Nursing has granted more than 12,022 nursing degrees to its graduates. For more information, go to: https://nursing.uth.edu/

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UPDATE;

AMAZING INTERVIEW WITH HOLOCAUST SURVIVOR AND HUMAN RIGHTS CHAMPION VERA SHARAV CONFIRMS EVERYTHING WE’VE SHOWN AND MORE

Stand for Health Freedom recently had the honor of sitting down with Holocaust survivor Vera Sharav and capturing her personal story on film. It’s a story that every individual needs to hear.

Ms. Sharav is the founder and president of the Alliance for Human Research Protection, a nonprofit public watchdog organization dedicated to upholding informed consent in medicine. A renowned champion of human rights and expert in biomedical research ethics, Ms. Sharav offers rare and valuable insights into the public health arena and state of emergency affecting each and every one of our lives. She also shines a light on the corruption plaguing our national vaccine program —  and the decades-long targeting of Blacks, Hispanics and other minorities for unethical medical experiments.

You can learn more about Ms. Sharav and her pioneering work to protect children and human research subjects at ahrp.org.

Epilogue:

Our work and existence, as media and people, is funded solely by our most generous readers and we want to keep this way.
But we’re underfunded for June, when we have heavy annual bills to pay for the websites, not counting the countless hours of work. Next target would be adding new features and plugins to the website and better equipment for faster work and more complex video productions.
Help SILVIEW.media survive and grow, please donate here, anything helps. Thank you!

! Articles can always be subject of later editing as a way of perfecting them

We gave up on our profit shares from masks, if you want to help us, please use the donation button!
We think frequent use, even short term use can be bad for you, but if you have no way around them, at least send a message of consciousness.
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