Loan & Investments Ltd

LOANS, INTERNATIONAL PROJECT FINANCE, BG, SBLC, DLC

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We Offer Financial Instruments For Lease (BG, SBLC, DLC & LC)

GENUINE BANK GUARANTEE (BG) AND STANDBY LETTER OF CREDIT (SBLC) FOR LEASE AT THE LOWEST RATES AVAILABLE. OTHER FINANCIAL INSTRUMENTS SUCH AS MTN, CD, DLC, PB ARE ALSO AVAILABLE.
We specialized in Loan, International Project Funding, Bank Guarantee {BG}, Standby Letter of Credit {SBLC}, Medium Term Notes {MTN} and Confirmable Bank Draft {CBD}.
All financial instrument is issued from AAA Rated bank such as HSBC
Bank London or Hong Kong, UBS Zurich, Barclays Bank, Standard Chartered Bank E.T.C.
We offer certifiable and verifiable bank instruments via Swift Transmission.
Please contact us for procedure, terms and conditions.
LOAN & INVESTMENTS LIMITED has carved out a reputation for credibility, transparency and responsibility. We care about our customers and their money!
Contact Us today for all your funding needs, including Loans, Project Finance, BG, SBLC, L/C.
Skype:   loanandinvestments
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Number One Managed Bank Guarantee Financing Program

$350K Deposit to 30 Million Non Recourse in 45 to 90 Days OR $500K Deposit to 100 Million Non Recourse in 45 to 90 Days This program is an End to End Managed Bank Guarantee Funding and Monetization Program. The Program has two Options:

  • $350K Deposit in 30 Million Non Recourse in 45 to 90 Days, OR
  • $500K Deposit to 100 Million Non Recourse in 45 to 90 Days.
 

The program includes Total Deposit Protection with a very high profile Attorney Trust Account protected by a law firm that was founded by a Supreme Court Judge.

Either your Bank Guarantee is Issued or your Get your Deposit Returned, we make money closing deals NOT taking Deposits!

The level of transparency, access, protection and proof provided in this program is unique and is rarely offered in the Bank Guarantee industry. The entire End to End Proven Program includes BOTH Issuing a Bank Guarantee and Funding that Bank Guarantee. Everything has been prestructured, preapproved and prenegotiated so it is hassle and headache free with certain predetermed outcomes you can bank on. We provide total contract protection and agree to penalties up to 20 times your deposit!

Full Non Recourse Funding in the program means you do not have to repay a cent! The Bank Guarantee is Issued from AAA Rated Top 25 Bank and funded from a second AAA Rated Top 25 Bank. Client Deposits are paid to Attorney Trust Account where Trust Attorney and Barrister has No Criminal History, No Criminal Record, No Criminal Convictions and is the Legal Counsel for Governments and major Corporations. There is No Trading, No Leveraging, No Borrowing, No Currency Investing and we DO NOT require any Project Documentation. All we need to issue program agreements to clients are 3 Documents: CIS (Customer Information Sheet), NCND and Proof of Funds.

Please contact us for more information… 
 
 
Skype: loanandinvestments


Brokers are paid good commission on each successful transaction so if you want to work for our company as a broker, agent or mandate please contact us for more information.

China and Africa’s most unscrupulous middleman has been detained

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A secretive Hong Kong tycoon that has been at the forefront of China’s push into Africa’s resource markets has been detained in Beijing, according to the Chinese business news magazine Caixin.

Sam Pa is the mysterious founder of a complex corporate network known as “the 88 Queensway Group” or “the Queensway syndicate,” after the office address of its main companies in Hong Kong. Pa, a stocky, bespectacled man who uses at least seven aliases—most of his business associates refer to him as just “Mr. Sam”—is believed to have forged ties with African elites while working in Chinese intelligence.

Analysts say that the Queensway companies, connected to China’s ministry of foreign affairs, operate in politically isolated, resource-rich African countries (pdf) like Angola and Zimbabwe where business and government dealings are more opaque. Pa has been accused of bribing African officials, smuggling diamonds, and trafficking illegal arms. He was sanctioned last year by the United States for allegedly supporting Zimbabwe’s long-time ruler Robert Mugabe.

Pa’s detention may be linked to the investigation of the governor of Fujian province, Su Shulin, according to Caixin. Su is the former chairman of the state-owned oil company Sinopec. He has been detained for “serious violations of discipline” as part of Chinese president Xi Jinping’s sweeping anti-corruption crackdown. Su was the head of Sinopec when it partnered with a Queensway company to develop its oil business in Angola.

It’s not clear how closely Pa is still linked to Queensway or how its operations in Africa will be affected if he is felled by the Chinese communist party. (The company says that he is now only an adviser.) JR Mailey, an analyst who has been tracking the company for over seven years, told the Financial Times (paywall) that the sprawling corporate empire remains “dependent upon Sam Pa and his connections in Beijing and other capitals.”

If you need Loan, project funding, Bank Guarantee, SBLC, DLC or Letters of Credit please contact us immediately. 
 
Skype: loanandinvestments


Brokers are paid good commission on each successful transaction so if you want to work for our company as a broker, agent or mandate please contact us for more information.

Bank Guarantee & SBLC For the client’s Loan

This is a “collateral-first” procedure that is very rare to come by.

This Offer  will consider any type of project and fund it if the client can meet the criteria set forth. There are no restrictions as to size.

The minimum loan amount is US$150 Million (the larger the better).

The “Funding/Lending Source” can be any type of lender, i.e. Hedge Fund, Finance Company, Insurance Company, or other such entity. If the Lending Source is not a nationally or internationally recognized organization, it will have to be approved and must prove its ability to fund. The “bank” or “the funding/lending source’s bank” must be a bona fide bank listed in The Bankers’ Almanac.

It has been our experience that if the subsequent procedures are followed exactly in the following order, the transaction will probably be completed with a minimum of problems or frustrations.

If the client or the banker attempts to change this proven sequence, the entire transaction will become more complicated than necessary and seem confusing, and in all likelihood, will not be successfully completed.

When first approaching the client’s lending bank it is essential that the client addresses a specific sector of the bank. This is generally referred to as; “The Private Banking Sector”, or “The Wealth Management Sector”, the client can also ask for the “International Sector”, which deals with bank instruments. Beware, walking through the front doors of a commercial bank will not get the client to the right sector; usually the sector the client is seeking is in the corporate or divisional office of a bank.

Once the client finds the right sector and is speaking to the right bank officer, the client’s goal is to present himself and the client’s project for proper bank approval and underwriting process. First and foremost, the client’s lending bank is obliged to follow the rules and regulations of The Patriot Act. The Patriot Act requires all USA banks must first know their clients. All USA bank officials must be constantly on the lookout for any banking transactions which appear to be an attempt to get around the currency reporting requirements, for example, Laundry of Funds.

Procedure

1)  First and foremost, the client must absolutely go to his bank and get himself and the project approved without relying on the collateral. The collateral will be provided only as an extra security and as additional collateral or cushion when the bank requests it. Remember, the bank is financing the project, not the BG or the SBLC, therefore the emphasis must be on the project, not the BG or the SBLC.

2)  Client bank’s evaluates the project, goes through the compliance and credit committee and finally the project is underwritten by the client’s bank.
Client’s bank gives full approval to fund the project, and as additional security requests from the client a BG/SBLC issued by a “AA” rated Western European or North American Bank. This must be provided in writing by the bank to their own client.

IMPORTANT:

  •  99% of the times, the Client tells his bank that he HAS an instrument, whereas, he does not HAVE an instrument, he can obtain support for his project and an instrument to secure funds that the Bank or Private lender has conditionally committed to his project subject to the client being able to obtain the instrument.

Of course, the Banker sometimes assumes as much himself, which is why the verbiage of the “Approval Letter” is critical as it demonstrates that the Banker is clear on that point.

(The instrument is 99% of the time FIRST to either arrive or be on Euroclear etc. but the funds have to be there as a loan, so that the instrument is not hypothecated).

  •  Until this stage, all the KYC and due diligence need to be done by the client’s bank on their own client. This funding commitment must be gotten by the client using his and his project’s own strength AND his own close banking relationship. We can not either get involved or assist the client at this stage.

However, if at this stage the client needs our assistance then a fee will incur as per the level of service requested. The fee will be determined according to the service required from us. The type of service and the related fee amount inquiry may be requested in writing from us.

3)  Once the client’s bank is satisfied and the project is approved for funding- subject to the client providing an extra security in the form of an acceptable collateral- then, and only then, can the transaction move forward. The client must have a letter from his financing bank showing the approval to fund his project and the bank’s willingness to make the loan subject to receiving an additional acceptable security for the L/C, e.g. BG/SBLC/MTN issued by “AA” European or North American bank.

4)  Once the client’s bank has notified the client regarding the approval of the client and the project, the client then sends us the following:

  • The “Approval Letter”
  • Client Information Sheet
  • Passport copy of the principal
  • Corporate resolution
  • 3 to 5 page Executive Summary of the project including a 3-5 year financial overview, cash flow with income and expenses and profit and loss tables, must also include the drawdown schedule.
  • Signed and notarized “Letter Of Understanding” (LOU) (will be provided)
  • FPA for 1% (will be provided)

5)  Eventually, the bank will issue two letters and send them to our designated bank via swift MT799:

  1. One would state that they stand ready to provide a line of credit against BG/SBLC/MTN to be duly issued by at least  “AA” rated bank to be delivered to them via MT760. Furthermore this line of credit would be forwarded to our designated bank (in Europe or North America).
  1. The other would state that the funds would be sent  IMMEDIATELY, via MT103 upon receipt, verification and authentication of the BG/SBLC/MTN.

6)  After the client’s bank has executed the above mentioned 2 Letters, the bankers will contact one another and arrange all of the pertinent details for the delivery of the instrument.

7)  After the collateral has been sent as agreed, and the transfers have been honored, the transaction will have been completed and the client’s bank will be released from any further obligation.
The transfers  will be as follows:

For Transactions up to $499 Million:

94% to collateral provider
The remaining amount is for the Lending bank’s fees and interest.

For Transactions $500 Million and up:
90% to collateral provider
The remaining amount is for the Lending bank’s fees and interest.

How the project gets funded

The Funding Group is to fund the project on the basis of  equity participation, therefore the project will be fully funded and will have no debt burden or any loan repayments to make,  thus the project will be free and clear from any debts from day one. A buy-out (exit clause) may be negotiated and agreed to at the signing of the funding and ownership contracts.

The Funding Group, through their local major handling firms of accounts and attorneys, will remit the funds according to an agreed to schedule with the client until the project is completely funded.

All terms are negotiable.

If you need Loan, project funding, Bank Guarantee, SBLC, DLC or Letters of Credit please contact us immediately.

Blog: https://loanandinvestment.wordpress.com

Website: http://www.loanandinvestments.com

EMAIL 1: ceo@loanandinvestments.com

EMAIL 2: loanandinvestments@outlook.com

Twitter: https://twitter.com/loanbgsblc

Skype: loanandinvestments

Brokers are paid good commission on each successful transaction so if you want to work for our company as a broker, agent or mandate please contact us for more information.

How to cope in volatile markets

Turbulence in asset prices can be unsettling for investors. A diversified portfolio and a focus on the long term are better defences than trying to time the market.

Periods of high volatility can be unnerving. We’re told that long-term returns are the only thing that matters, but it’s difficult to remain calm when our investments’ short-term performance looks bad.

Stock markets worldwide have been more volatile this year, but investors have suffered from particularly painful falls in share prices in recent weeks.

The recent turmoil in global financial markets was triggered by data suggesting weaker economic growth in China, the world’s second largest economy, following a surprise devaluation of its currency earlier this month.

Chinese stock markets suffered some of the biggest declines in share prices, adding to the significant sell-off that began in June. However, fears about the wider implications for the global economy, including companies that sell goods and services in China, led share prices to tumble around the world.

As a result, the FTSE 100 index of British shares dropped to below 6,000 at one point, having surpassed 7,000 earlier in the year, while commodities markets, which are heavily dependent on demand from China, also fell heavily.

Some investors fear a weaker Chinese Yuan could lead to the spread of deflation, or falling prices, across the developed world. Falling asset prices are worrying because it can depress consumer spending and proves painful for debtors. They see the cost of their borrowing rise in real terms.

Following weeks of volatility, the Chinese authorities stepped up support for share prices with a series of measures, including cutting its benchmark one-year lending rate by 25 basis points to 4.6% and the one-year deposit rate by 25 basis points to 1.75%. The moves have led stock markets around the world to rally, recovering some of their losses.

But a broader reason for the turmoil could be worries about an impending increase in interest rates by the US Federal Reserve. Central banks in both the US and the UK are moving to normalise monetary policy, ending a period of record-low interest rates and quantitative easing (QE) that has resulted in unusually calm bond markets and rising share prices. This has pushed up the cost of equities around the world.

Janet Yellen, chair of the Fed, has hinted that US interest rates could rise next month, although this isn’t likely to happen until March next year now following the setbacks on stock markets.

Even so, volatility is likely to continue. So how should investors respond?

Whenever the prospect of a sell-off seems to be particularly severe, there is a temptation to reduce exposure to the market. Once the threat has diminished, we can buy back in, hopefully at lower valuations.

However, it is almost impossible to distinguish between a genuine, imminent crisis and a mere market wobble over an event that proves far less serious than anticipated. As a result, investors who spend too much time waiting for the right moment to invest may miss out on many of the gains.

For example, over the last five years, some investors have kept part or all of their cash on the sidelines. In waiting for the global economy to become a safer place, they have missed out on very significant gains in most asset classes.

The implication is that unless markets are clearly extremely overvalued, your best approach may be to stay invested and try to manage the psychological effects of high volatility. That’s assuming, of course, you are investing for the long term.

If your goal is to retire comfortably in several decades then you have more time in which to regain any losses resulting from short-term volatility. But if you need to access your money sooner, you may wish to rebalance your portfolio. For example, you could move towards asset classes that have historically been less volatile or move into cash.

Focusing on the long term is more easily said than done, but adopting a sensible strategy of diversification should temper the volatility of your portfolio. This means both diversifying within asset classes and among asset classes.

For example, a fully diversified portfolio of stocks will be less volatile than holding just a handful of stocks. No matter how effectively you diversify though, your investments can still fall in value so you may get back less than you invest.

Investors should also consider whether they want to diversify their stock holdings globally, rather than confining themselves to the UK market. In doing so they could benefit from the different performance of international markets.

Note, however, that international diversification can expose investors to another form of volatility: foreign currency risk. This is where the value of investments can fall owing to a decline in the sterling value of foreign currencies.

Contact Us today for all your funding needs, including Loans, International Project Funding, Lease/Rent Bank Guarantees, SBLC, DLC, MTN, Letters of Credit….
 
EMAIL 1: loanandinvestments@outlook.com
EMAIL 2
: ceo@loanandinvestments.com
Skype: 
loanandinvestments
 
NOTICE: Brokers are welcomed, appreciated and compensated. We pay 1% commission to our brokers and company representatives. If you want to be our broker or company representative in your country, EMAIL us  for more information.

Investing in main market stocks

The main market on the London Stock Exchange is home to some of the world’s biggest companies, but it also imposes strict listing rules to protect investors.

Investing in equities is very risky: the price of shares in a company can slump dramatically in a matter of hours and the business can even go bust, wiping out your investment altogether. But some types of equity investments are generally considered riskier than others.

Most UK investors buy shares in companies listed on the London Stock Exchange (LSE) for a series of reasons. Many companies listed on the LSE are British businesses that investors know well. These shares are also priced in pounds, so you don’t need to worry about the prospect of currency movements directly affecting the value of your holding. Still, bear in mind that if a firm makes some sales abroad, changes in foreign exchange rates can still affect profit levels and hence share prices.

However, there is an important distinction to be made between companies listed on the LSE’s main market and its junior exchange, the Alternative Investment Market (AIM).

The main market of the London Stock Exchange, established in 1698, currently includes more than 1,000 firms, from corporate giants such as Vodafone and BP to smaller companies like Topps Tiles and Punch Taverns. The 100 largest companies in the main market make up the blue chip FTSE 100 Index, while the FTSE 250 Index is comprised of mid-sized firms.

Companies on the main market are required to meet strict listing rules tougher than those applied to companies listing on AIM, giving investors more confidence and greater protection.

Governance

Generally speaking, companies on the main market tend to be larger, more mature businesses, but the LSE still imposes strict regulations on the companies listed.

To qualify for a premium listing, which includes access to the FTSE indices, companies must meet basic qualifying criteria. The company has to be worth at least £700,000, for example, and it must make at least 25% of its shares available to the public. It must have three years of independently-audited accounts and it must have had control over the majority of its assets for at least three years.

These are important safeguards that mean investors in the business can be confident it is an established company that hasn’t just appeared out of nowhere. Moreover, additional rules ensure that investors are able to keep a close eye on the businesses they have backed (or are considering for investment).

Main market-listed companies must publish an audited annual report within four months of the end of their financial year, as well as more basic half-year reports within two months of the end of this period. The London Stock Exchange also requires firms to publish an interim management statement twice a year, between the annual and semi-annual reports, to update investors on the business.

Companies are also bound by the UK Corporate Governance Code, which sets standards for how companies are run and their relationship with shareholders – those businesses that don’t meet any of the standards must say so and explain why they have chosen not to comply.

Transparency

Another advantage of the LSE’s main market is that it operates with an electronic order book. This means every investor buying and selling shares in a particular company places their order through the Stock Exchange Electronic Trading Service (SETS) – in practice, your stockbroker or online trading platform may do this on your behalf – detailing what price they are prepared to buy or sell at, and how many shares they want to buy or sell.

Everyone else considering investing in the same company can look at all the orders placed at a given time. This means the system is both transparent – you can see what prices people are willing to trade at – and liquid, in that investors always have access to the maximum possible amount of demand and supply.

By contrast, other markets operate using a quote-driven book (as did the London Stock Exchange until the 1990s). This relies on dealers, or market makers, who post the prices they are prepared to accept for sales and purchases of shares in a particular company at any one time. This is a much less transparent system, since there is no way of knowing what trades other investors dealing with the market maker are hoping to make.

Also, liquidity depends on the market makers – if only one or two dealers choose to trade a particular stock, sale volumes may be quite low. Lower liquidity means there is less likelihood of investors being able to buy or sell at the price they choose.

Investing on the main market, in other words, gives investors access to larger, more closely regulated companies, via a dealing system that produces greater transparency and liquidity.

Remember that all investments can fall as well as rise in value and you may get back less than you invested. Investing in individual shares is not suitable for everyone, and they should usually only be held as part of a diversified portfolio. If you’re unsure, seek independent advice.

Contact Us today for all your funding needs, including Loans, International Project Funding, Lease/Rent Bank Guarantees, SBLC, DLC, MTN, Letters of Credit….
 
EMAIL 1: loanandinvestments@outlook.com
EMAIL 2
: ceo@loanandinvestments.com
Skype: 
loanandinvestments
 
NOTICE: Brokers are welcomed, appreciated and compensated. We pay 1% commission to our brokers and company representatives. If you want to be our broker or company representative in your country, EMAIL us  for more information.

Top 11 Reasons Why We Are Number One BG & SBLC Providers In The World

When you are buying, selling, monetizing, funding or discounting Bank Guarantees, you only want to work with the most reliable, safe, ethical, knowledgeable, honest and efficient providers.

Here are Top 11 Reasons Why LOANS AND INVESTMENTS LIMITED should be Number 1 for you!
 
 
1. Unrivaled Authenticity – We are NOT Brokers! We are Direct to 5 Genuine Performing Bank Guarantee Issuers that are located in London, Dubai, New York and Hong Kong. We are Direct to Monetizers in Europe and Asia. There is no Broker between us and the BG Issuer or Monetizer, we have open direct unrestricted access to the most reputable industry Bank Guarantee and SBLC Providers and Monetizers. We know the signatories and members of the Bank Guarantee Funding Management Team have met Real Bankers inside Real Banks to conclude Real transactions.
2    Results 100% Guaranteed – We only use genuine, proven, authentic providers who are either billionaires, large financial institutions or bankers with over 10 years experience funding Bank Guarantee transactions. If you have a REAL deal, we will close it and bank it!
3    Complete End to End Managed BG Buy / Sell Program – We provide a comprehensive, integrated, prenegotiated, prestructured Bank Guarantee Issuing and Monetization Program with PROVEN providers. Hundreds of people are frantically trying to find a BG Issuer and Funder who will work together…. WE HAVE DONE IT!
4.    Knowledge and Expertise –  The industry is shrouded in secrecy, staked with misinformation and filled with uninformed brokers and clients. We see information as power and  provide you with more detailed information, comprehensive explanations, honest answers and warnings of what to watch out for than almost any others company in the industry! The more informed you are the more protected you are, that’s why subscribing to our newsletter is a MUST. This is also why we offer lengthy Program Overviews on services like our Fully Managed Bank Guarantee Program and Buy Leased Bank Guarantee Program.
5.  No Customer has ever had a failed transaction with us

6.  No Attorney Complaints Letters Ever 

7.  No Govt or Local Agency Complaints Ever Received

8.  No Lawsuits ever filed against us

9.  No Criminal Convictions for the Business in any Country

10. No Criminal Convictions  for any of our Owners in any Country

11. Brokers are Protected –
 We value and appreciate brokers working with us and protect them from any potential circumvention. Brokers can earn up to 1% on each successful transaction or client.
LOANS & INVESTMENTS LIMITED has carved out a reputation for credibility, transparency and responsibility. We care about our customers and their money!
Kindly contact us today for more information.
Skype:       loanandinvestments
NOTICE: Brokers are welcomed, appreciated and compensated. We pay 1% commission to our brokers and company representatives. If you want to be our broker or company representative in your country, just EMAIL us for more information.

Why India’s $168 billion river-linking project is a disaster-in-waiting

India’s incredibly ambitious—and some say, incredibly reckless—Rs11 lakh crore ($168 billion) project to interlink its rivers is finally underway.

On Sept. 16, the Godavari and Krishna rivers—the second and the fourth longest rivers in the country—were linked through a canal in Andhra Pradesh. The project was completed at a cost of Rs1,300 crore ($196 million). A second scheme, the Ken-Betwa river project—estimated tocost Rs11,676 crore ($1.7 billion)—is currently under development, with completion likely by December this year.

This is a part of the Narendra Modi government’s plan to revive the river-linking project, which was first envisioned in 1982, and actively taken up by the Bharatiya Janata Party government under prime minister Atal Bihari Vajpayee in 2002.

Here is how the river-linking project works: The big idea is to connect37 Himalayan and peninsular rivers. So, water-surplus rivers will be dammed, and the flow will be diverted to rivers that could do with more water. In all, some 30 canals and 3,000 small and large reservoirs will be constructed with potential to generate 34 gigawatt of hydroelectric power. The canals, planned between 50 and 100 meters in width, will stretch some 15,000 kilometres.

“If we can build storage reservoirs on these rivers and connect them to other parts of the country, regional imbalances could be reduced significantly and lot of benefits by way of additional irrigation, domestic and industrial water supply, hydropower generation, navigational facilities etc. would accrue,” India’s National Water Development Authority describes the project on its website.

The project is expected to create some 87 million acres of irrigated land, and transfer 174 trillion litres of water a year. Also, half a million people are likely to be displaced in the process, according to a report (pdf) by Upali Amarasinghe, a senior researcher at the International Water Management Institute.

Ecologists and environmentalists warn that the project is imprudent and dangerous, especially since there is little clarity on the ultimate impact on such a massive undertaking.

Quartz interviewed a number of Indian environmentalists and activists, and here is what they had to say about this project:

“A river isn’t a pipe that we can control.”

— Dr Latha Anantha, director, River Research Centre

Firstly, there is no concept of deficit and surplus. That’s what we are making it to be. A river has a natural course and for years it has been following that. Who are we to say it has a surplus and it has a deficit? The river will carry as much as it can. Secondly, a river isn’t a pipe that we can control. You can’t compare a Ganga to another. It has different characteristics. And when you build a canal to flow the water that is diverted, you are displacing far too many human lives and the eco-system. For instance, in the Ken-Betwa project, the core area of the Panna national park will be affected. The government, wanting to do the project for political reasons without any sort of clearances, is basically, redrawing the entire geography of the country. Even if there is a surplus and flood, every river needs that. Thats how the natural ecosystem works. You can’t block it.

“There is no scientific basis for this”

— Himanshu Thakkar, coordinator, South Asia Network on Dams, Rivers and People

How do you conclude that river-linking project will be good? There have been no scientific basis to say that. All you have is an incomplete study that says this is good for the country. One has to exhaust all options and potentials before concluding that river-linking is the best alternative. Exhaust options such as watershed development, rainwater harvesting, ground water recharge, optimising existing infrastructure and cropping methods and then we can conclude that water-linking might be good. But there has been no assessments done. For instance, look at Maharashtra and Andhra Pradesh. The Marathwada region in Maharashtra is the worst drought-hit state in India today, and belongs to the Godavari basin. But at the same time, you want to divert water from Godavari to Krishna. It doesn’t make sense. There has to be assessment done because there is huge impact on the nature.

“Horrifying and ill-planned.”

— Medha Patkar, national convener, National Alliance of People’s Movement

This entire push for the river-linking is horrifying and is ill-planned. The hydrology of the rivers are changing and we are ignoring the cultural and ecological significance. Even the cost that the government is talking about, of Rs5.6 lakh crore ($85 billion) is based on old reports. Now the cost would be much more and would at least be Rs10 lakh crore. The bigger question is, who is going to fund this? Is the private sector going to do that? And if they do, they will only have interest in the land. The other thing is, there is no social impact assessment done on the livelihood of the people who are living in these areas. They don’t even engage the gram sabhas while taking decisions.

“River-linking is a social evil, economic evil”

— V. Rajamani, professor emeritus, Jawaharlal Nehru University, New Delhi

The interest in river-linking now is due to the big bucks involved in it for dam builders. A canal is not a river and it cannot support an ecosystem. What happens to everything that is living in the river? When water flows, there are a number of factors associated with it. There are micro organisms and there are marine life. We are taking away all of that by building dams and diverting water for something that is not even natural. When you build dams, you are displacing too many people. What will they do? They land up in slums in cities. River-linking is a social evil, economic evil and will ultimately lead to collapse of civilisation.

“These projects are not viable.”

— Sushmita Sengupta, deputy programme manager, Centre for Science and Environment

The basic concept of linking of rivers in India is to transfer water from where there is a surplus to a place where there is a deficit. But when such transfer of water takes place, there is a significant community displacement that happens along with it.

Another major issue in India vis-a-vis river-linking is that water is a state subject. Now states that have surplus water are not ready to give it to other states and there is a huge logjam which is cropping up time and again because of this. Even though the government is thinking of intra-state river-linking processes—where a river of a state is connected to another on in the same state—the environmental issues relating to these projects are very huge.

There is a big problem of desilting and there is no clarity on where the silt be actually dumped. Will it be somebody’s farm and will the farmers be affected or not? The government has not come clear on any of those points. So considering these environmental and community issues, overall I don’t think these projects are really viable.

A Hungarian mayor sends a threatening message to refugees with this weird homemade action video

Hungary has erected a razor-wire fence along its border with Serbia,detained over a hundred refugees, and even fired water cannons and used pepper spray on young children. Just in case refugees didn’t get the message, a far-right Hungarian mayor has released a dramatic homemade video warning them against coming to Hungary.

Laszlo Toroczkai is the mayor of Asotthalom, a village near the border with Serbia, which is at the heart of an ongoing humanitarian crisis. While Hungary’s treatment of refugees has been widely condemned, Toroczkai boasts about the number of policemen and soldiers manning the borders. The video shows the guards on motorbikes, in helicopters, and on horseback. These action shots are underscored by a soundtrack that you’d expect to find in a James Bond film.

The video uses drone footage to highlight the length of the border fenceHungarian authorities have built with Serbia—now extended to Croatia—and explains the potential consequences for illegal trespassers. Refugees who are caught damaging the fence or entering Hungary could be prosecuted and face jail time.

“If you are an illegal immigrant and you want to get to Germany, then the shortest journey from Serbia is through Croatia and Slovenia,” Toroczkai says, while showing alternative routes on Google Maps. “Do not trust lying human traffickers.”

At the end of the video, he emphasizes his point to make sure its sunk in: “Hungary is a bad choice. Asotthalom is the worst.”