Late Thursday Night
MY LADIES: The High Price of Rejecting the Iran Deal Link
NOVA NEVER LET A CRISIS GO TO WASTE…HERE IS ANOTHER EXAMPLE FIRST BLOOMBERG AND REUTERS AND NOW THE NY TIMES.
AND LOOK EACH ONE WITH A SLIGHTLY ELEVATED SENSE OF URGENCY AND EACH ONE WITH A BIT MORE EXPLANATION OF HOW.
I THINK WE ARE ON THE RIGHT PATH. CRAWL IN MY HEAD BEFORE YOU READ THIS WHOLE ARTICLE THE PICTURE IS GETTING CLEARER.
The High Price of Rejecting the Iran Deal http://www.nytimes.com/2015/08/14/opinion/the-high-price-of-rejecting-the-iran-deal.html&asset
Foreign governments will not continue to make costly sacrifices at our demand.
Indeed, they would more likely blame us for walking away from a credible solution to one of the world’s greatest security threats, and would continue to re-engage with Iran. Instead of toughening the sanctions, a decision by Congress to unilaterally reject the deal would end a decade of isolation of Iran and put the United States at odds with the rest of the world.
Some critics nevertheless argue that we can force the hands of these countries by imposing powerful secondary sanctions against those that refuse to follow our lead.
But that would be a disaster. The countries whose cooperation we need — including those in the European Union, China, Japan, India and South Korea, as well as the companies and banks that handle their oil purchases and hold foreign reserves — are among the largest economies in the world. If we were to cut them off from the American dollar and our financial system, we would set off extensive financial hemorrhaging, not just in our partner countries but in the United States as well.
IQD NOVA: It's Crazy Mary!!!!
Princess DD: China says Silk Road trade touches $485 billion http://economictimes.indiatimes.com/news/international/business/china-says-silk-road-trade-touches-485-billion/articleshow/48377019.cms
PrincessDD: Zarif Urges New Financial Mechanism to Facilitate Iran-Pakistan Trade
snippet: TEHRAN (Tasnim) – Iranian Foreign Minister Mohammad Javad Zarif voiced Tehran’s preparedness to boost economic ties with Pakistan, and underlined the necessity for a new banking mechanism between the two sides to facilitate trade. http://www.tasnimnews.com/english/Home/Single/828055
MVL: There's that word again! Lol. MECHANISM
PrincessDD: That looks really great doesnt it Nova?
IQD NOVA: It All Does!!!!!!!
PrincessDD: India to start paying $6.5 billion oil dues to Iran http://www.dnaindia.com/money/report-india-to-start-paying-65-billion-oil-dues-to-iran-2114120
MY LADIES: China’s Renminbi Devaluation May Initiate New Phase in Global Currency War http://www.nytimes.com/2015/08/14/business/dealbook/chinas-renminbi-devaluation-may-initiate-new-phase-in-global-currency-war.html
THIS IS A GOOD READ, BUT GET A CUP OF TEA FIRST IT'S LONG BUT WHAT AN EYE OPENER AND HERE I'LL SUM IT UP THE LAST PARAGRAPH
“The system is coming back to bite us in the rear,” said David Beckworth, an associate economic professor at Western Kentucky University. “Maybe this experience teaches us that we are more interconnected than we ever were.”
PrincessDD: They can safely bank that money without getting it frozen in Switzerland again. I believe they will start signing contracts and getting a move to their prosperous relationships with the rest of the world.
PrincessDD: Pakistan and Iran are brothers forever http://www.pakistantoday.com.pk/2015/08/13/national/pakistan-and-iran-are-brothers-forever/
Princess DD: Iran urges all regional countries to work together against terrorism, extremism http://www.dnd.com.pk/iran-urges-all-regional-countries-to-work-together-against-terrorism-extremism/96374
Princess DD: Look what Iran was up to last month that we missed:
Iran to bridge relations with Sunni states including Saudi Arabia as a part of Nuclear Package Deal http://www.dnd.com.pk/iran-to-bridge-relations-with-sunni-states-including-saudi-arabia-as-part-of-nuclear-package-deal/95667
Princess DD: Look at this from February!!! France acts as guardian in Iran-P5+1 N-talks: French MP
A senior French parliamentarian says the United States is willing to see a final deal be quickly clinched between Iran and the P5+1 group over Tehran’s nuclear program.
“The Americans, for several reasons, seem eager to reach an agreement rather quickly,” the head of the French Parliament's Foreign Affairs Committee, Elisabeth Guigou, told the US-based media website Al-Monitor on Sunday.
Princess DD: Makes you see the dog and pony show going on in congress.
Bandito Rox: THIS IS INTERESTING
Zimbabwe Adopts Chinese Yuan as Legal Currency
MY LADIES: ZIMBABWE DID THAT LAST YEAR IN 2014 WE HAD THIS IN HERE LAST WEEK
.In 2014, Zimbabwe announced it would accept more foreign currencies, including the Japanese yen, the Australian dollar, the Indian rupee, and the Chinese yuan. However, in practice, the US dollar has been dominant in local -
See more at: http://www.zimeye.com/zimbabwe-adopts-chinese-yuan-as-legal-currency/#sthash.vjb2n0ss.dpuf