Russia Announced The Universal Credit Rating Group (UCRG) Will Rival Moody’s, S&P, and Fitch This Year

russia-national-payment-system.siOver the years we have discussed and shared research that revealed the policy reforms that have been planned since the 2008 financial crisis. Finally this year of 2015 is a implementation year by the globalists.
With many People talking about “white hats” and the “good guys” (that may or may not show up to stop these destructive globalists) we have always maintained that it is up to a critical mass of awareness and noncompliance that will halt the destruction and nurture the rebirth of freedom & prosperity for the People on Earth.

We have discussed Russia’s development of an independent system of domestic financial clearing, and the inevitable parallel system (BRICS) of the western controlled global monetary system. This infrastructure is expensive and tedious to engineer and install, but when money is not a factor then the will and desire can be nudged very effectively by threat of war and economic sanctions…
Is not this what we are witnessing on the global stage?
Consider:

  • BRICS have their own development bank
  • Alternative to the Western controlled SWIFT
  • Alternative Internet…
  • Reformed global financial system must have redundant and reliable telecom networks for international financial transactions, in other words it must not be exclusively controlled by the western (U.S.) oligarchy…

The so called “Reset” is underway, expect several new services and institutions to be online this year.
Be attentive to meetings and summits (IMF, OPEC, G20, BRICS and others)…~Ron

China and Russia to launch new credit rating agency in 2015

Published time: January 13, 2015 rt.om

The new Universal Credit Rating Group (UCRG) is being set up to rival the existing agencies Moody’s, S&P and Fitch, and its first rating will be issued this year.
The setting up of UCRG is in its final stages, ready to challenge the ‘Big Three’ that currently dominate the industry, the Managing Director of RusRating Aleksandr Ovchinnikov told Sputnik News Agency on Tuesday.

“In our opinion, the first ratings [will] appear … during the current year,” Ovchinnikov said, adding that accreditation with the local regulator is already underway.

The news comes on the heels of Fitch’s decision to follow S&P in downgrading Russia’s sovereign credit rating to BBB-, a step above junk level and on par with India and Turkey.
The new agency will be based in Hong Kong, and provide a check on the ‘Big Three’, which some analysts say don’t provide an accurate reading of economic situations.

Many securities and bonds in the U.S. that had triple-A ratings in 2008 and were considered ‘safe’, turned out to be a bubble, revealed by the subprime mortgage crisis.

“When the issue of creating an agency alternative to the ‘Big Three’ [Standard & Poor’s, Moody’s, and Fitch Group] was raised, we in fact offered [a] project that was ready to be launched and was supported by the governments of Russia and China,” Ovchinnikov said.

Developed economies are often given a free credit rating pass, whereas developing economies are assigned more risky ratings, the RusRating analyst said.
UCRG was officially created in June 2013 by China’s Dagon, Russia’s RusRating and America’s Egan-Jones Ratings. Each member will hold an equal share in the venture, with an initial investment of $9 million.
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RELATED:
http://rt.com/business/221791-fitch-russia-limited-effect/
http://rt.com/business/russia-china-us-rating-211/
http://rt.com/business/221363-fitch-russia-crisis-economy/
https://ronmamita.wordpress.com/2013/08/10/awareness-is-seeing-what-is-in-front-of-your-nose/
https://ronmamita.wordpress.com/2013/11/14/what-would-be-a-signal-that-the-new-financial-system-is-being-implemented/
https://ronmamita.wordpress.com/2014/08/25/from-archives-miami-an-important-geopolitical-hub/
https://ronmamita.wordpress.com/2014/09/19/geopolitics-chinas-2-big-moves/
https://ronmamita.wordpress.com/2014/09/20/is-bricss-development-bank-similar-to-world-bank/
https://ronmamita.wordpress.com/2014/09/25/singapore/
https://ronmamita.wordpress.com/2014/10/01/help-us-assemble-more-puzzle-pieces/
https://ronmamita.wordpress.com/2014/10/15/puzzle-pieces-monetary-reset-plan/
https://ronmamita.wordpress.com/2014/11/26/detailed-discussion-of-globalist-monetary-system-reform/
https://ronmamita.wordpress.com/2014/12/12/sanctioned-russian-banks-begin-testing-national-payment-system-next-week/
https://ronmamita.wordpress.com/2014/12/15/when-the-financial-centers-computers-are-ready-the-yuan-will-be-accepted-as-a-world-reserve-currency/
https://ronmamita.wordpress.com/2014/12/22/the-global-hegemony-is-like-a-24000-piece-jigsaw-puzzle/
https://ronmamita.wordpress.com/2015/01/05/the-economic-collapse-and-a-rushed-staged-performance/
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11 comments on “Russia Announced The Universal Credit Rating Group (UCRG) Will Rival Moody’s, S&P, and Fitch This Year
  1. RonMamita says:

    Are You A Positive Deviant?

    Published on Jan 13, 2015
    Find out http://tinyurl.com/mtwcgvo
    Help us caption & translate this video!
    http://amara.org/v/FxzJ/

    • RonMamita says:

      Unstable Markets: 30% Move In Minutes!

      Here is evidence of the unstable and fragile markets, where a gigantic move of 30% currency revaluation happened in mere minutes for the Swiss Franc.

      China Renounces U.S. Dollar with Swap Agreements with 26 Countries!

      • Seems like things are going down huh?

        • RonMamita says:

          Globalists Think Their Power, Wealth, and Influence Will Prevail

          Regardless of how severe the wars, the economic depressions, and the social unrest…

          I do not see this 2015 year being the collapse (perhaps no collapse will occur as long the central banks are operating the magic show and the majority of the People continue to use the national currencies), however this 2015 year is implementation that continues into later years with volatility devastating and bankrupting many… Also the military activities are grabbing territories with deadly campaigns in the middle east and Ukraine.

          If I was to characterize this, I would call it the great wealth transfer and reform to install WEALTH as the global governors that transcends national governments and personal sovereignty. Global Corporatocracy and cartels?
          Under no restraints while simultaneously restraining all individual citizens’ liberties.

          The video below caught my attention as this globalist seems to be saying nations can no longer restrain wealth:

          WOW, What A Bombshell Statement!

          [He stated “WEALTH Without Nations and Nations Without WEALTH”. And no desire for WEALTH to return to that old “national” centric paradigm… The International Development and reforms are underway! ~Ron]

          Giulio Tremonti al Forum per il Forum on International Credit Rating System Reform
          Video Posted Jul 9, 2013
          Video contributo di Giulio Tremonti per il Forum on International Credit Rating System Reform che TEH-A ha contribuito ad organizzare in occasione del lancio dell’Universal Credit Rating Group. Hong Kong, 25 giugno 2013.

          Again, I know I am repeating myself, the only reasonable remedy that I see is for a critical mass of grassroots noncompliance bringing the globalists’ institutions to a full halt of business with boycotts and job walkouts. No tax filings, no tax payments, no consumers and no workers; simply stop feeding the beast and and stop the machines.

  2. RonMamita says:

    International Development is promoting the reforms

    Reforms such as the international credit rating system, additional (multipolar) currency reserves, Alternatives to SWIFT, and much more…

    “Credit Rating Agencies are at the TOP of the International Financial System.
    […] The Global Economy is transforming”

    More international economic/financial turmoil expected…
    Below are 2 video reports about the UCRG:
    http://english.cntv.cn/2014/07/19/VIDE1405742880033694.shtml
    And

    From Wikipedia, the free encyclopedia https://en.wikipedia.org/wiki/Universal_Credit_Rating_Group

    Universal Credit Rating Group (UCRG) (Chinese: 世界信用評級集團) is a credit ratings agency based in Hong Kong. Plans to create UCRG were announced in October 2012,[1] and it was officially founded in Hong Kong in June 2013,[2][3] as a partnership between Dagong Global Credit, Egan-Jones Ratings, and RusRatings. It claims to be the only international credit rating agency based in the Asia Pacific area.[4]
    Advisory Council

    On 23 June 2014, UCRG announced its 2015-20 operating plan along with the formation of an advisory council to the group chaired by former French Prime Minister Dominique de Villepin. The other initial members are former Australian Prime Minister Kevin Rudd, former Pakistan Prime Minister Shaukat Aziz and former Russian Foreign Minister Igor Ivanov [5][6]
    References

    Universal Credit Rating Group will be officially founded“. Dagong Global. Retrieved 25 June 2014.
    New credit rating agency to challenge Big 3 firms“. Yahoo Finance. Retrieved 25 June 2014.
    加拿大和美国人士看好世界信用评级集团 [Canadian and American Specialists Optimistic about UCRG] (in Chinese). Phoenix Television. 1 July 2013. Retrieved 26 July 2014.
    “About UCRG”. UCRG. Retrieved 25 June 2014.
    世界信用评级集团国际顾问理事会宣告成立 [Advisory Council for Universal Credit Rating Group Established] (in Chinese). Xinhua News Agency. 25 June 2014. Retrieved 26 June 2014.
    世界信用评级集团国际顾问理事会在京成立 [Universal Credit Group Advisory Council Established in Beijing] (in Chinese). China National Radio. 24 June 2014. Retrieved 26 June 2014.

  3. RonMamita says:

    Universal Credit Rating Group (UCRG)

    Based in Hong Kong, UCRG is the world’s only global credit ratings agency headquartered in Asia Pacific.

    Established in 2012 as a joint venture between Dagong Global Credit of China, Egan-Jones Ratings of the United States, and RusRatings of the Russian Federation, UCRG’s primary objective is to provide independent, locally nuanced credit ratings for sovereign states and municipalities; local and multinational corporations; sovereign wealth funds; and individual credit products and portfolios.

    UCRG provides institutional and other investors with the most impartial, transparent and conflict-free opinions, scoring mechanisms, and advisory services worldwide.
    Specialties

    Global Credit Ratings

    Website

    http://www.ucrgratings.com
    Industry

    Financial Services
    Type

    Privately Held
    Company Size

    11-50 employees
    Founded

    2012

    https://www.linkedin.com/company/universal-credit-ratings-group-ucrg-

  4. RonMamita says:

    WOW, What A Bombshell Statement!

    [He stated “WEALTH Without Nations and Nations Without WEALTH”. And no desire for WEALTH to return to that old “national” centric paradigm… The International Development and reforms are underway! ~Ron]

    Giulio Tremonti al Forum per il Forum on International Credit Rating System Reform
    Video Posted Jul 9, 2013
    Video contributo di Giulio Tremonti per il Forum on International Credit Rating System Reform che TEH-A ha contribuito ad organizzare in occasione del lancio dell’Universal Credit Rating Group. Hong Kong, 25 giugno 2013.

  5. RonMamita says:

    Andy Hoffman: Central Banks to Lose All Credibility

    Jan 22, 2015
    Andy Hoffman, precious metals market analyst and media director at Miles Franklin (milesfranklin.com) joins us on Reluctant Preppers, in the wake of the Swiss Bank un-pegging its currency from the Euro, to warn us that 2015 will be a watershed year that will impact each of our financial lives in a big way!

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The Worldwide Wave of Action
Peaceful Global TransitionApril 4th, 2014
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Institutions of crime Big days have come and gone (government Elections, and Tax filing). Search for what is hidden and for what is not spoken. Be Aware of the next big Day for fraudulent institutions.
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