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“”(They) are aware it is a time consuming process. It is not going to happen in one day, one month or even one year,” a source familiar with SGE’s thinking said.
“China has to show to the world over a consistent period of time that the price is open, rational, reasonable and that there is no manipulation.”
Transparency in the fixing process has come under scrutiny since a scandal broke in 2012 over the rigging of the London interbank offered rate, or Libor.”
Comment:
DON’T EVER FORGET, all those banks work together after WW II and “globalization”. Think outside the box. The mass media can never be trusted. They always create false and misleading info.
For all we know? The manipulation will just continue (sheltered) in a different area where its even harder to get accurate info.