Mobius: UN rates are posted on or before the 15th and 30th each month.
Drakechap: basically we should look before or by th 15th because the 30th ends the month. plus no payments to workers yet. i am thinking this is correct.
Iko Ward: If you do focus on the process, you can see how much has been accomplished, maybe even rejoice in having been here for a true historical event. I know I'm about to be wealthy; I know I am going to help many, many folks out there who need a hand; I know my family will be taken care of.
Uenvoy: So the markets are showing the strain of all the announcements ,and it is more than just China depegging from the dollar, or devaluing the Yaun. What we are seeing is the beginning of the end of this ride. fasten your seatbelts we may be coming to a sudden stop and exchange process. But be ready, don’t get ready and have a good plan.
MountainMole: Please make sure your seat is in the upright position, your tray is locked in place and your seat belt is securely fastened. This ride is coming to its destination. I may not be in 1st Class or Business but I'm on the same flight same destination. Some just have the privilege of getting off first.
Daz: China cut the reference rate for its currency for the third straight day on Thursday, after the surprise devaluation of the yuan this week unsettled global financial markets. http://www.theguardian.com/world/2015/aug/13/china-devalues-yuan-for-third-straight-day-adding-to-fears-of-currency-war
INTERESTING REPORT http://www.theguardian.com/world/video/2015/aug/12/why-china-is-devaluing-yuan-market-expert-explains-video
SassyD: The Dodd-Frank Act: a cheat sheet --
steve0418 : my friend from work got a call from his brother who lives in Hawaii and said he had been paid yesterday Wed and I know he is part of a group …..I dont know which one…. but thats great
Airam: sorry if my questions are NAIVE .....but the fact that SWITZERLAND is lifting sanctions to the rial makes IRAN a strong competitor for IRAQ .......Does that works in our behalf???
Depaul13: Air....if you remember Swiss revaled a while back...they want this DONE!! Remember...Competition will DRIVE this RV!!!!
Depaul13: It is a WORLD Event!!! No one wants to be Left on The BENCH watching!!!!
Depaul13: The Momentum is GREAT and Picking up more MASS Constantly!!!! This is happening before your EYES!!! It is Truely AWESOME!!
NetGlobal: Well we can do nothing but relax because tripping out wont make it happen any faster.
Airam: Abadi needs to start the projects that the ppl needs ......needs to finish the political and econ.....things to give the ppl of IRAQ what they deserve
NetGlobaal: he three things that Abadi can do to get the people of Iraq behind him is create jobs, give the people electricity all day- every day, and change the value of their currency
NormanRos: Baghdad (Forat) –The parliament session of Thursday has started, the session is headed by the Speaker, Saleem al-Jobouri, and attended by 240 MPs. /End/ Updated: 2015/8/13 20:16
Greatly Blessed: Suitcases full of gold ingots seized at Baghdad Airport
Pending activists .. Basbaik suitcases full of gold were seized at Baghdad airport
Baghdad-Iraq-Presse -11 August / August: trading a number of activists on the social networking site "Facebook" attentively curious about tuning 7 suitcases full of gold ingots were seized at Baghdad airport tale. The team went from commentators that the cars shaded a Foreign Ministry quoted 7 Bags of gold to the runway without passing normal procedures of checking bags, but the sonar examiner car was able to detect in the final moments. and left the plane to an undisclosed location after an altercation between the foreign delegation and the security of the airport to an unknown destination.
According to activists. The last team said that the forces of the Badr Organization to participate in keeping the airport security and put her hand to the "five bags and not seven" of gold bullion during clashes between airport security and other special protections. strange thing is that my team commentators on different merits of the story have not been able to learn the fate of (7-5) bags filled with gold bullion have bullion have been seized, on Monday, at the Baghdad airport. Ended (1)
Wilber Grodan: MARKET ACTION - Undervalued currency advances sharply. HIGH ALERT NEXT 24 HOURS.
Daniel B: But They Did Not Give Up
"Little minds are tamed and subdued by misfortune; but great minds rise above them."
~ Washington Irving,
"Our greatest glory is not in never falling but in rising every time we fall." – ~ Confucius,
"Great success is built on failure, frustration, even catastrophy." – ~ Sumner Redstone,
"Failing is one of the greatest arts in the world. One fails toward success." ~ Charles Kettering
"Failure provides the opportunity to begin again, more intelligently." ~ Henry Ford
"The fastest way to succeed is to double your failure rate." ~ Thomas Watson Sr.
"Only those who dare to fail greatly can achieve greatly." ~ Robert F. Kennedy
''I've missed more than 9000 shots in my career. – I've lost almost 300 games
26 times I've been trusted to take the game winning shot ... and missed.
I've failed over and over and over again in my life. That is why I succeed." ~ Michael Jordan,
"I don't believe I have special talents, I have persistence … After the first failure, second failure, third failure, I kept trying." ~ Carlo Rubbia, Nobel Prize winning Physicist
Président Abraham Lincoln tried 20 times before winning the présidency of usa (1832 , 1833 , 1834 , 1835 , 1836 , 1837 , 1838 , 1839 , 1840 , 1841 , 1842 , 1843 , 1844 , 1846 , 1848 , 1849 , 1854 , 1856 , 1858 , 1860.... Elected President ),
Walkingstick » August 13th, 2015, 8:28 am
Finance: Exchange 750 billion dinars next week to meet the requirements of ministries and provinces
History of edits:: 8/13/2015 3 p.m. •
the Ministry of Finance announced that it will be spent next week, 750 billion dinars to the ministries and provinces in equal proportions to secure its requirements.
According to a ministry statement received by the agency all of Iraq [where] a copy of it, that "the response of the Ministry of Finance to support the requirements of development in these delicate circumstances in the country, the ministry has managed to save $ 750 billion dinars for the purpose of securing the requirements of ministries and provincial and regional development and ongoing projects in the the investment plan, including contracts cover the expenses and wages of workers. "
He pointed to "the distribution of the amount mentioned in equal proportions among the beneficiaries, and it will start certifying over the next week," .anthy
Walkingstick » August 13th, 2015, 8:33 am
China devalues yuan for third straight day, adding to fears of currency war
Central bank weakens currency further by 1.1% after previous official cuts that put global financial markets on edge
China cut the reference rate for its currency for the third straight day on Thursday, after the surprise devaluation of the yuan this week unsettled global financial markets.
The central bank put the yuan’s central parity rate at 6.4010 yuan for US$1, the China Foreign Exchange Trade System said, a drop of 1.11% from the previous day’s 6.3306.
It was also lower than Wednesday’s close and comes after China adopted a more market-oriented method of calculating the currency rate in a move widely seen as a devaluation.
The cuts have put financial markets on edge, sparking worries of a “currency war” as other countries feel pressure to devalue and raising questions about the health of the world’s second-largest economy, where growth is already slowing
European stock markets in London, Frankfurt and Paris closed lower on Wednesday on worries China’s economy is struggling more than previously thought. But US stocks overcame early weakness and finished mostly higher.
Asian markets were mixed on Thursday but China’s benchmark Shanghai index was up 0.74% by mid-morning.
China keeps a tight grip on the yuan, allowing it to fluctuate up or down just 2% on either side of the reference rate, which it sets daily.
The People’s Bank of China (PBoC) on Tuesday announced a “one-time correction” of nearly 2% in the yuan’s value against the greenback as it changed the mechanism.
Previously it had said it based the fixing on a poll of market-makers, but declared it would now also take into account the previous day’s close, foreign exchange supply and demand and the rates of major currencies.
China stuns financial markets by devaluing yuan for second day running
It has since lowered the central rate twice more, and the week’s combined drop is the biggest since China set up its modern foreign exchange system in 1994 when it devalued the yuan by 33% at a stroke.
Analysts viewed the move as a way for China to both boost exports by making its goods cheaper abroad and push economic reforms as it seeks to become one of the reserve currencies in the International Monetary Fund’s SDR (special drawing rights) group.
But the volatility in the normally unusually stable unit has raised concerns, and Bloomberg News reported on Wednesday that the central bank had intervened in the market to prop it up.
PBoC economist Ma Jun said on Wednesday that China could stabilise the yuan through direct market intervention.
“The central bank, if necessary, is fully capable of stabilising the exchange rate through direct intervention in the foreign exchange market to avoid [the] herd mentality resulting in irrational movements of the rate,” Ma was quoted as saying by the official Xinhua news agency.
He also dismissed the possibility that China was seeking to wage a currency war, saying there was no need as exports were expected to pick up in the second half of the year. “China does not have the need to start a currency war to gain advantage,” he said.