WHO: Culture of Corruption - Pandemic Bonds - Pandemic Derivatives - Betting On the Downside of a Pandemic

Ed.'s note: "Pandemic bonds" introduced in 2017 just hit the internet related to the coronavirus but first a definition of "pandemic bonds (CAT bonds) and another related financial instrument: "pandemic derivatives." What we are going to do is look at WHO not as an organization to protect the public from pandemics but as a RICO organization behind a "derivatives ticking time bomb." Martin Armstrong is a world renowned financial expert and economist. If there is a "pandemic" it's very simple: WHO retains the money. Martin Armstrong says that "if there is a pandemic bond holders lose the money and WHO gets to keep the money." Then asks readers to figure out who would be asking for help? Also keep in mind the parent organization of WHO is the United Nations located in New York controlled by Anglo-American interests with some claims that WHO is a corporation. WHO operating a RICO organization right out of the UN.

"Some analysts have argued that these pandemic bonds were never intended to aid low-income pandemic-stricken countries, but instead to enrich Wall Street investors. For instance, American economic forecaster Martin Armstrong has called the World Bank's pandemic bonds 'a giant gamble in the global financial casino' and a 'scheme like no other,' recently arguing that these bonds could present a 'a structured derivative time bomb' that could upend financial markets if a pandemic is declared by WHO. Armstrong went on to say that it is in WHO's interest to declare the coronavirus outbreak a pandemic, but noted that, in doing so, they would cause bondholders to take significant losses."

This means that the media, coronavirus hustlers, NGOs and institutions having control over the "official" narrative of the coronavirus pushing it as a hard core pandemic as investors get to make money. There are more and more independent researchers coming to the conclusion we are dealing with just another virus and that this "officially declared pandemic" is a financial scam to harvest more money out of the system. All these factors coming together like the technology to create diseases, to manipulate the weather and have derivatives and bonds available to profit off the "disaster" all needs massive exposure. If we are to throughly understand what is going on here and to stop the insanity fear causes, for example by people pushed to the point of hoarding stripping all paper products off the shelves of stores, we need to step back and see all the different aspects of this coronavirus. So far, an estimated $12 billion will be immediately provided for the COVID-19 country response.

"The virus is coming, the virus is coming."

Coronavirus: The contagion of Propaganda

Here Are The 425 Billion Reasons Why WHO Refuses To Call The Covid-19 Outbreak A "Pandemic"

ALL ABOUT PANDEMIC CATASTROPHE BONDS
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Source: World Health Organization

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."

Please go to World Health Organization to read the entire article.
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Source: Market Insider

An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being

By Ben Winck | February 14, 2020

• Investors holding the World Bank's pandemic bonds stand to either reap massive profits or lose hundreds of millions of dollars, depending on the coronavirus outbreak's lethality.
• The instruments offer higher-than-average returns, but bondholders will lose their principal in the event of a qualifying pandemic.
• If certain criteria are met, the payment is sent to the World Bank's Pandemic Emergency Financing Facility to fund relief efforts.
• The bonds are a novel way to connect the financial sector with epidemic relief and "potentially save millions of lives," the World Bank's president said in a 2017 statement.
• Others aren't so sure of the assets' effectiveness in curbing an outbreak.
• The bonds' triggers "are very late," and the organization could've funded relief efforts without the "unnecessary, inappropriate, and ineffective risk-financing instruments," Olga Jonas, senior fellow senior fellow at the Harvard School of Public Health, told Business Insider.
• Visit the Business Insider homepage for more stories.
• A group of unique bondholders will either reap massive profits or lose hundreds of millions of dollars as the coronavirus outbreak escalates.

So-called "pandemic bonds" were first introduced by the World Bank in 2017 as a response to the Ebola virus. Investors holding the bonds enjoy higher-than-average interest rates, but stand to lose their cash in the event of a pandemic.

If certain criteria are met, the bonds' principal is transferred to the World Bank's Pandemic Emergency Financing Facility (PEF) to fund containment and relief efforts.

"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," Jim Yong Kim, World Bank Group's president, said in a 2017 statement, adding that the PEF can "potentially save millions of lives."

The bank issued two tranches of pandemic-linked bonds and derivatives collectively worth $425 million in 2017. Bondholders enjoyed more than two years of strong returns and little to worry about as few outbreaks came close to triggering the bonds' total default.

But the stability of the investment has suddenly been thrown into question as the deadly coronavirus spreads globally.

Triggers for the two classes of bonds

The two tranches of pandemic bonds represent different risks of contagion. The World Bank offered $225 million worth of Class A debt, which pay out 6.9% annually. The bonds default if pandemic-related deaths reach 2,500 in a single nation with an additional 20 or more deaths confirmed in an overseas country, according to the bank's prospectus.

Please go to Market Insider to read the entire article.
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Ed.'s note: These pandemic bonds have been criticized calling them a "World-Bank-enabled looting scheme that enriches intermediaries and investors instead of the funds intended targets, in this case low-income countries struggling to fight a pandemic." Why would the World Bank be handling these funds when perhaps the Contingency Fund for Emergencies at the World Health Organization (WHO) would see to it the funds could go directly to affected countries of pandemics?

Even Larry Summers Denounces World Bank's "PEF" Ebola Bonds That Enriched Investors at Expense of the Sick in the Congo

Is Wall Street Behind The Delay In Declaring The Covid-19 Outbreak A "Pandemic"?

That is a question that needs to be asked again so why wouldn't these funds be diverted to WHO's Contingency Fund for Emergencies? Could it be because WHO is a "corrupt organization and is a mess?" Fox News' Tucker Carlson lays into WHO in this discussion claiming that WHO has "endangered lives." If you don't think the bureaucrats running WHO aren't motivated by status, perks and money, listen to Tucker Carlson describe how WHO burns through $200 million a year on travel flying business class and using "fraudulent pretext to travel when it is otherwise forbidden." WHO currently has a budget of around $2 billion a year and America puts up a good portion of these funds. The only aspect about the discussion is that Tucker Carlson did not trace WHO back to the UN.  Listen to Tucker Carlson talk abut the culture of corruption at WHO...

World Health Organization Corruption & Their Marxist, 

Robert Mugabe-Supporting Chief Exposed

 

Russia has maintained more of an objective honest sustained approach to the coronavirus. One of the underlying economic aspects to this coronavirus scare that shouldn't be overlooked is to cripple China's B&RI by economically targeting China therefore forcing Russia to reevaluate its economic initiatives in Eurasia.

Russia hasn't had any new coronavirus cases. Why is that?


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