[millionday] this is the last part of this huge report i am going to share -- but very interesting indeed
[millionday] An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe.
It is called the Bank for International Settlements, and it is the central bank of central banks.
It is located in Basel, Switzerland, but it also has branches in Hong Kong and Mexico City. It is essentially an unelected, unaccountable central bank of the world that has complete immunity from taxation and from national laws.
[anthonlcs] millionday according to them we are!!! Basel 3 is about your countries currency value being what your country has in reserves(gold, gas,oil,trade). The dollar is a fiat currency that is sold over,over and over.
Read More Link On Right
[millionday] well that is not very good news
[ROBINREDHED] we suck?
[millionday] according to them we are what hun?
[wmawhite] millionday .........BIS is mostly the "clearing house/accounting center" for the central banks.
[millionday] take a deep breath and blow it out that is what backs our money lol
[anthonlcs] millionday supposedly thats why all these currencies are Rving..going up or down depending on their real value
[anthonlcs] millionday I have a friend who really believes this is going to occur!!
[millionday] right they are trying to minimize the expanded explanation of what currency is ---- by removing credit to some degree and see who stands we already have fallen so no worries we felt it much earlier then when this report came out imo lol so anyway -- this is what my point is
[anthonlcs] millionday The problem is ...credit slows down so does the economy!!! Whoever is in office is going to get killed!!
[millionday] we read a few days ago about iraq choosing what is best for them basel ii or iii so i should just give them another call because i think me and red could help them with this
[millionday] The Financing for Development Office (FfDO) of UN-DESA is organizing an expert group meeting on the taxation of the extractive industry with the view to identifying pressing issues for developing countries in this area and to informing the work of the - Committee of Experts on International Cooperation in Tax Matters during its next annual session (Geneva, 21-25 October 2013).
The meeting will bring together invited representatives from national tax authorities, experts from international (financial) organizations, as well as representatives from non-governmental organizations and the private sector.
[millionday] Together they will discuss the impact of the extractive industry on national and international tax policy and administration. In light of the upcoming launch of the UN Practical Manual on Transfer Pricing for Developing Countries, there will also be discussions on the nexus between transfer pricing and the taxation of the extractive industries.
The final session will focus on lessons learned in building capability in resource tax policy and administration.
[millionday] The meeting will be held in the run up to the Special Meeting of ECOSOC on International Cooperation in Tax Matters, which will take place on 29 May 2013
[millionday] understand these are very timely meetings that will be taking place today and for three days here is more on it note -- about emerging economies as well on taxation -- hmmm
millionday] Pursuant to its resolution 2012/33, the Economic and Social Council will hold, on 29 May 2013, a one-day meeting to consider international cooperation in tax matters, including institutional arrangements to promote such cooperation, with participation of the representatives of national tax authorities.
The Council will have before it a report of the Secretary-General on further progress achieved in strengthening the work of the Committee of Experts on International Cooperation in Tax Matters and its cooperation with concerned multilateral bodies and relevant regional and subregional organizations.
[millionday] The center piece of the morning session will be an official launch of the UN Practical Manual on Transfer Pricing for Developing Countries, followed by a panel discussion on “Transfer pricing challenges for developing countries”.
The afternoon session will feature a panel discussion on “Capacity development in tax matters”, with the participation of major international organizations active in the tax area, such as the UN, IMF, World Bank, OECD, the Inter-American Centre of Tax Administrations (CIAT) and the African Tax Administration Forum (ATAF).
Subsequently, an interactive discussion will be held on “Current issues in countering international tax avoidance and tax evasion”, which will include the discussion of issues of tax base erosion and profit shifting due to the region and the changes recently that we have not been following but very interesting if you research it when you get a chance and are a bookworm like me
[wmawhite] millionday ....more sessions/classes for Iraq on how to conduct international commerce.
millionday] now here is more and this is not expanded on but think of what we are watching and its impact
[millionday] The ECOSOC meeting will be preceded by the Expert Group Meeting on Extractive Industries Taxation.
[millionday] wmawhite those are ongoing and are begun by data on paper to refer to but will be going on the entire year while they apply the new reforms in all aspects
[millionday] so the point i was making is this
[wmawhite] millionday .The GOI/staff are already three months into trading with the WTO.
[millionday] we read a couple days ago again about how iraq has been immune to the global condition in a way due to their sanctions --- now the way this is expected to help the globe is very simple if you read what we just read every hand in the pot smile
[millionday] we knew this would come when it was very close and there it is -- just more confirmation and a clue for us brb with more smile
millionday] wmawhite ? ] do mean the training ?
[wmawhite] millionday ......yes.......the training..
[millionday] or the food and the advanced technology
[wmawhite] with WTO
[millionday] oh -- yes if not longer now -- i think it was in jan when they started but very intense compliance training
[millionday] Confirmed the parliamentary Finance Committee, Wednesday, the Central Bank of Iraq next month will begin implementation of a package of measures designed to restore the exchange rate of the dollar against the Iraqi dinar to normal to prevent a repeat of the case of exchange rate volatility.
And plunged the value of the Iraqi dinar gradually over the past weeks to reach the price per dollar to about 1129 dinars after it had been stable for 1120, the highest rate up to the exchange rate during the past two years
wmawhite] millionday ......ask Dr. Shabibi what normal is........lol
[schmidtberger] millionday......does this mean the rv will be at $11.20?
[millionday] they referred to it as what it was in the 80s
[millionday] Committee member said Haitham al-Jubouri's "Twilight News" that "the CBI told the Finance Committee that will begin next month, the application of measures to curb the rise of the dollar against the Iraqi dinar, and some of these measures did not disclose the details they will be strictly confidential."
Jubouri explained that "one of the most prominent measures that the Iraqi Central Bank will begin to apply is to open letters of credit in the government and private banks," noting that "the Finance Committee has informed the Iraqi Central Bank support for all procedures in reducing the rise in the dollar against the Iraqi dinar."
[millionday] schmidtberger smile
[ROBINREDHED] schmidtberger has left the building
[ROBINREDHED] corn dog
[millionday] you likey red ] i love when a plan comes together smile
[ROBINREDHED] me too
[millionday] brb with more whooop whoooop and kept confidential -- i love it the rate is confidential -- bring it on for goodness sakes
[millionday] brb with more
[millionday] Counting deputies common political meeting called by the government "last chance" to survive in the country, which afflicts the risk and get out of the current crisis. In the meantime, the Council announced tribes and notables of the city of Adhamiya support for the decisions of the Council of Ministers Judge pursue insurgents and militias, whatever the parties to which they belong.
The Council of Ministers has called yesterday, following its usual, all political forces to hold a joint meeting to discuss developments and take responsibility, as the Council adopted several measures to meet the challenges of supporting the security forces to hunt down the instigators and perpetrators of terrorist acts and prosecute all kinds of militias and beating strongly both deviate from the public order,
in addition to warning the media inciting sectarian strife of the danger of this approach and the implementation of strict measures right in case and the Council of Ministers and confirmed his position against terrorism unit.
[millionday] they are applying everything and anything to make the attacks stop and are not just meeting but are adding security leaders ect ect -- huge announcements to the citizens -- so dont think that it is an issue -- they are attacking it with law and hard ones they wrote into law about 7 months ago on terrorism so anywho --- we are obviously so close
[millionday] and with another announcement that cbi is pushing it forward and it has turned out to be the exchange rate -- i think we should smile real big right now
[millionday] this must be the eight report stating it is early june so cross everything