G T May 29, 2015 I Missed This One....THIS IS BIG TIME!!!
China’s yuan is no longer undervalued, says IMF
Gwynn Guilford May 26, 2015
For more than a decade, China’s taken a verbal beating from other countries for keeping its currency unfairly cheap. Those days might finally be over. The yuan (a.k.a. the renminbi) is no longer undervalued, the International Monetary Fund’s Markus Rodlauer said earlier today, while also urging Chinese leaders to allow the currency to trade more freely.
The US government, however, disagrees.
Last week, Jacob Lew, the treasury secretary, held firm on his department’s long-standing contention that China continues to repress the yuan’s value.
The IMF’s about-face could boost the Chinese government’s push for broader usage of its currency outside China, particularly as a reserve currency for central banks. Rodlauer said the IMF supports Chinese authorities in the next step of that effort, the yuan’s inclusion in the IMF’s basket of reserve currencies, which the IMF is reviewing in October.
To Read More : http://qz.com/412082/chinas-yuan-is-no-longer-undervalued-says-imf/
Lilsister May 29, 2015
New York Investment Banker Jumps To His Death From Luxury Downtown Building
Submitted by Tyler Durden on 05/29/2015 - 12:13
Yesterday, New Yorkers walking by the Ocean Luxury Rental apartment building at 1 West St around 10:40am, were greeted with a gruesome sight: a 29-year-old man had just jumped to his death from the 24th floor. Today, we learn that the tragic incident was merely the latest banker suicide, when according to the NY Post the still unidentified jumper was the latest in a long series of investment bankers who have decided to take their own life.
Topic: Don't watch the clock; do what it does. Keep going.
xyz] G7 agree in principle on China joining IMF's currency basket http://www.reuters.com/article/2015/05/29/g7-summit-renminbi-imf-idUSL5N0YK3H420150529
[xyz] iraq? OPEC officials celebrate better market ahead of key meeting http://www.cnbc.com/id/102717597
[xyz] G7 nations push for 'code of conduct' for bankers http://www.msn.com/en-in/news/other/g7-nations-push-for-code-of-conduct-for-bankers/ar-BBkotrS
[xyz] Financial regulator says Vatican bank needs more reform http://www.reuters.com/article/2015/05/29/vatican-bank-idUSL5N0YK1NU20150529
[xyz] US's Lew urges broad deal on Greece now, focus on details later http://www.cnbc.com/id/102717528
222dude : http://finance.yahoo.com/news/trader-bets-millions-quick-gold-151524514.html .....as Frank was saying
Frank26: Yup.......... Gold is running independently for the rest of the summer.
imo of course. KTFA Frank
Thunderhawk » May 29th, 2015,
To / banks approved the exercise of all banking and money transfer companies approved all and mediate the sale and purchase of foreign currency approved all companies (members of the Board of Directors and Managing
Highlights Of this weeks KTFA CC’s:
Frank26 [via FrostyTheSnowman] Dr. S [Shabibi] got permission from the IMF...the green-light...he told them he needed security and “funding.”
That funding was to just last them a month and this month is coming to an end.
They are asking for more money … but I don’t think they’ll give it to them.
Oil from Iraq will go global. Cities will be secured. Amazing technology being used ...in Iraq right now.
Our Teams are “cautiously optimistic” because the advancement has happened so fast! We are very impressed. Super high chance before Ramadan.
Ramadan officially starts on the 18th of June.
Delta [via FrostyTheSnowman] The article came out today ...the currency...the new notes are going to compete with the other currencies in Iraq – meaning the dollar, the Euro’s or whatever they’ve got there.
They stated they were going to give value to the Iraqi dinar...indirectly they are giving you the announcement right there.