Rebirth of England.

Chapter 808 Standard Defense

Chapter 808 Standard Defense
On the one hand, Strauss-Kahn is very powerful in the International Monetary Fund, and the reforms he has carried out are all beneficial to the euro, which is not what the United States wants to see.

In addition, he is also likely to participate in the French general election next year and will be the biggest competitor of the current French President Sarkozy.

Therefore, unlike other places where there was unilateral ridicule and accusation about the Strauss-Kahn incident, in France, after the news broke, the public generally believed that this was a dirty political frame-up. Some even believed that after Strauss-Kahn was arrested by the United States, some reports unfavorable to Strauss-Kahn appeared in France immediately, and Sarkozy cooperated with the United States...

Barron also thinks there is something fishy going on here...

Well, if you see the photo of the black maid who accused Kahn, then considering Kahn's status, he could do those things to her, which can only mean that Kahn's taste is really...

And the most crucial point is that just a few hours after Strauss-Kahn was taken away by the New York police, the International Monetary Fund (IMF) announced Strauss-Kahn's successor - IMF First Deputy Managing Director, American banker Lipsky.

You know, since the establishment of the International Monetary Fund after the end of World War II, its president has always been a European - the president of its sister organization, the World Bank, is an American. This is a political understanding between Europe and the United States, and also a balancing arrangement between world economic powers.

But from this moment on, this balance has been broken, and the United States has at least temporarily achieved the "great unification" of the world's two most important economic institutions.

Therefore, the rapid appointment of a new head of the IMF has caused some Europeans to question:
Is the IMF ready?
So on May 5, a German government spokesman said that Germany hopes to replace Kahn with a European.

At the same time, the Financial Times reported with some concern that the possibility that a person from a developing country might head the International Monetary Fund is higher than ever before...

“Emerging market countries have been eager to take action for a long time, and now they may feel that the time has come…”

Canadian media commented that previously, the International Monetary Fund had increased China's share in the institution and reduced the influence of European countries.

Emerging market countries will seize on Strauss-Kahn sex scandal to ask:
The old method of selecting leaders has had little effect and has only brought embarrassing controversies to the IMF.

The Wall Street Journal also reported that the long-standing unwritten rule that the IMF president is a European and the World Bank president is an American may come to an end.

However, the report said that for Europeans, the IMF is like their "house key" and may not be left to emerging countries at this critical juncture.

On the same day, a spokesman for British Prime Minister Cameron also mentioned in an interview that Europe needs to immediately find someone who can succeed the chairman of the International Monetary Fund.

He also suggested that former Prime Minister Brown, with his rich professional experience, is one of the best candidates to succeed Strauss-Kahn as chairman of the IMF.

Many also compared this statement from the Prime Minister's Office to the precedent a few years ago when Sarkozy proposed Strauss-Kahn as a candidate for IMF president.

Cameron's statement was naturally the result of Barron's coordination.

Barron had already prepared for this matter.

On the day when the Strauss-Kahn incident broke out, Brown had already returned to London from Asia, and will next visit European countries including France and Germany, as well as the EU headquarters in Brussels, hoping to gain European support so that he can take over Strauss-Kahn's position. Given the current situation, I am afraid that Brown is relatively acceptable to both the United States and Europe.

Compared with other European countries, Brown, who was once the Prime Minister of Britain, has closer relations with the United States.

In addition, at least in terms of his own identity, if he takes over as the chairman of the International Monetary Fund, this position will still be held by a European, and the original tacit understanding will be maintained.

……

"We have now moved most of the equipment from the Royal Arsenal in Leeds to Colo..."

After acquiring the former Leeds Royal Arsenal, they established Standard Defense Ltd. on this basis, and through Standard Defense, acquired part of BAE Systems' weapons business, including light weapons and individual combat equipment.

Currently, Standard Defense consists of two branches: Standard Arms Company (military equipment) and Sentinel Company (drones).

At this time, they had already moved some low-tech factories, such as gunpowder factories, firearms and individual equipment factories, to Bogu in Kolo, where they built a standard defense production base.

Bogu is located in the grassland province north of Kolo, near Munger where the Protector Military Services Company is headquartered, and close to Dassault, the largest city north of Kolo. It is a relatively suitable area for military production.

The standard defense military industrial base built in Bogu covers an area of ​​more than 50 acres. Currently, more than half of the area construction of this production base has been completed, and production departments including gunpowder factories, firearms factories, and grenade factories have entered.

Before the end of the year, the Bogu production base will be fully completed. By then, the products it produces will not only meet the needs of the Kolo Corps and the Protector Military Service Company, but will also be sold to the entire African region.

Kolo has previously reached relevant agreements with the countries of the "West African Free Economic Zone", including Burkina Faso and Niger, which will allow them to purchase some weapons and ammunition from Kolo through aid and low-interest loans.

The so-called low-interest loans will be provided by the United Bank for Africa to these countries in Kolo shillings. These countries can purchase related products from Kolo with the Kolo shilling loans.

The purpose is naturally to increase the circulation of the Kolo shilling in West Africa - after all, the Kolo shilling itself is relatively popular among the people in West Africa because it is relatively "value-preserving".

However, before this, due to policy reasons in many countries here, the rules for holding foreign currency were still relatively strict.

The "West African Free Economic Zone" agreement signed by Kolo with countries including Ghana, Burkina Faso and Niger stipulates that currency circulation restrictions between these countries will be more relaxed, which will be conducive to the external promotion of the Kolo shilling.

In addition, the Brita Stock Exchange in Kolo has become the second largest stock exchange in West Africa after the Nigerian Stock Exchange.

The Burundi Exchange can also provide comprehensive financing services to enterprises in countries within the West African Free Economic Zone.

(End of this chapter)

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