3:31 CDT: 3sintel [BellaGrits] LAGARDE SPEECH: Asked whether she had a new figure in mind to replace the $500 billion, Lagarde said she was "not fixed on a number yet" but hoped the discussions next week would help resolve the question.
The 187-nation IMF and its sister lending institution, the World Bank, will hold their spring meetings in Washington at the end of next week. Those discussions will be preceded by a meeting of finance ministers and central bank presidents of the
Group of 20 major industrial countries. Those nations represent about 85 percent of the global economy. The United States, the IMF's largest shareholder, has said it won't contribute to an increase in IMF resources. Other countries outside Europe have expressed reluctance, too.
3:45pm CST: 3sIntel [BellaGrits]http://www.reuters.c...E8FC8G120120412 PLEASE BE AWARE THIS IS MERELY SMOKE! THE IRAQI CITIZENS HAVE BEEN ORDERED TO BRING IN TRIPLE 000 BILLS TO EXCHANGE FOR LOWER DENOMINATIONS, JUST AS THE WORLD WILL HAVE 90 DAYS TO EXCHANGE 000 BILLS-- THEY WILL THEN BE OBSOLETE..."WORTHLESS".
[LadyDiva] BellaGrits so do you feel we are really almost at the end of our mission??
[BellaGrits] LadyDiva YES, I DO
[niftyfifty] BellaGrits thank you, you just gave me a refill of hope!!!
[dinardr] BellaGrits Is it possible that we can be very happy tonight or should we buckle down for a weekend ride?
[BellaGrits] dinardr IMO, we will know something before the weekend..
[DinarWishes] BellaGrits I just wanted to tell you how much we love having you in our tree!!!
[BellaGrits] DinarWishes thank you, glad to be here....
[meep] BellaGrits is this saying we will have 90's days? Not a problem for me... I have my tennis shoes on but just curious about interpretation.
[BellaGrits] meep merely stating IMO we will have 90 days to rid ourselves of 000's notes.
[Gandalf] BellaGrits please excuse me for asking... but is that statement Your opinion or what you know to be fact ?
[BellaGrits] Gandalf anything I state is my opinion; however, I do try to do as much research before I present you with anything.
[Gandalf] BellaGrits thank you...
[BellaGrits] ninn going on 4 hours sleep....3.5 night before..... hope to have something to bring soon that "can" be shared....keyword there.....
[BellaGrits] Gandalf you're welcome
BellaGrits] OKAY guys back to the phones and CC's.....be back later