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

Posted on January 17, 2015 by RonMamita — 11 Comments

Over 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.

About RonMamita

Want Worldwide PEACE and Prosperity. We are the solution we have been searching for... Free People on Earth will solve our crisis and create an era of Creativity. Be Aware; Be Creative; Be Active; Be Free; and then Share it. LOVE & Wholeness AMOR y Paz

Tagged with: 2008 financial crisis, 2015, AAA, agency, Aleksandr Ovchinnikov, all wars are banker's wars, banker, banker suicide, banking, banking and finance, banking fraud, Brazil, BRICS, central bank, china, Chinese Yuan, Christine Lagarde, commerce, computer, credit rating, crisis, currency, dead banker, deadly game, Debt Crisis, debt slavery, deception, Development Bank, Economic sanctions, economy, everything is rigged, financial slavery, financial terrorism, Financial Terrorists, fitch, G20, geopolitics, globalism, government, hegemony, hidden agenda, Hong Kong, imf, institutional investor, insurance, International banking transaction system, international monetary system, internet, investment, manipulation, market, MBS, monetary reform, money, money masters, monopoly money, Moody's, mortgage, mortgage-backed securities, national currencies, network, network security, policy, policy implementation, policy makers, puzzle, rated, Renminbi, rigged markets, rigged system, RMB, ruling elite, RusRating, russia, Russian Ruble, S&P, Sanctions Against Russia, satellite, SDR, securities, Society for Worldwide Interbank Financial Transfer, Sovereign Wealth Fund, staged, Standard & Poor's, stock market, SWF, SWIFT, telecommunications, trade, triple A rated, UCRG, Universal Credit Rating Group, war, West vs East
Posted in Freedom-Expressed

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

RonMamita says:

January 17, 2015 at 2:14 pm

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/

LikeLike

Reply
Spartan of Truth says:

January 17, 2015 at 3:07 pm

Reblogged this on Spartan of Truth.

LikeLike

Reply
- RonMamita says:
  
  January 18, 2015 at 6:45 am
  
  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!
  
  LikeLiked by 1 person
  
  Reply
  - Spartan of Truth says:
    
    January 18, 2015 at 2:59 pm
    
    Seems like things are going down huh?
    
    LikeLike
    
    Reply
    - RonMamita says:
      
      January 18, 2015 at 8:11 pm
      
      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.
      
      LikeLiked by 1 person
      
      Reply
      - Spartan of Truth says:
        
        January 19, 2015 at 5:14 pm
        
        I would love a mass revolt like that, a non-violent solidarity of the masses. Just stop it all together, could you imagine how wonderful that would be?
        
        LikeLike
        
        Reply
        
        RonMamita says:
        
        January 19, 2015 at 7:20 pm
        
        YES!
        
        LikeLike
        
        Reply
RonMamita says:

January 18, 2015 at 7:23 am

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.

LikeLike

Reply
RonMamita says:

January 18, 2015 at 7:31 am

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-

LikeLike

Reply
RonMamita says:

January 18, 2015 at 8:31 am

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.

LikeLike

Reply
RonMamita says:

January 23, 2015 at 2:42 pm

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!

LikeLike

Reply