Adminbill: MANY PHONE CALLS AND TEXTS THROUGHOUT THE DAY. ALL POINT TO ONE THING... IT WILL SOON BE PARTY TIME AT SUNNI'S HOUSE
ADMINBILL: HERE ARE A FEW BITS AND PIECES...SEVERAL IN RENO ARE LIQUID WHICH MEANS ACCESSIBLE MONEY IN THE BANK….. WE MAY SEE AVAILABILITY OF 800 NUMBERS AFTER 7PM EST TODAY.
REMEMBER THAT IS A MAY. MANY USUALLY ACCESSIBLE BANKING AND OTHER CONTACTS ARE NOW NOT AVAILABLE.
Mr. Bill: Mr Bill. Can I quit my job tomorrow.
AdminBill: YOU CAN QUIT YOUR JOB AFTER YOU HAVE HAD YOU APPOINTMENT AND YOU HAVE CASH, LOTS OF IT, IN YOUR BANK. NOT BEFORE
Gnosis: Admin any updates on Admirals?
AdminBill: THOSE THAT I SPEAK OF ARE PART OF ONE ADMIRAL GROUP IS MY UNDERSTANDING…. NO, I WILL NOT TELL YOU WHO IT IS.
ADMINBILL : ONE OF THE MOST WELL KNOWN INTEL PROVIDERS HAD HIS FIRST TELEPHONE APPOINTMENT WITH HIS WEALTH MANAGER THIS MORNING. THE WF INITIATED THE APPOINTMENT WHICH HAS NEVER APPOINTED. FIRST WAS THAT HE HAD STARTED A DIALOG WITH THE BANKS EXCHANGE DIVISION. HE WILL FILL ME IN LATER. THE BANK WAS HEARING RUMBLINGS EARLY THIS MORNING.
SunniDaze: REMEMBER WE ALL HAVE TICKETS TO GET IN BUT THERE IS A LINE AND WE WAIT OUR TURN JUST LIKE A CONCERT OR A GAME
firefly ...there are MANY things going on behind the scenes that we are not privy to...
We can't put a date on it but they are aggressively working on reform.
We will see it when they decide to show it to us. IMO, Iraq is waiting just as we are.
Repost From Mon. Night CC:
Frank26 Dr. Shabibi is under the guidance of the IMF. IMO, Dr. S has followed the plan step-by-step as GOI officials have been exposed. He is doing what the IMF told him to do.
They will raise the value...their ego’s won’t allow them to stay at a PROGRAM RATE.
We will NOT fail here. I don’t know when they will raise the value...I just sense that they will...based on the evidence...
To be brought into the INTERNATIONAL world...they must be “INTERNATIONAL.”
ReddStarr: perfect timing....for this conference to take place....IMO.....of course.....
Don961: This is good timing !.... this weekend ..... IMO Thank you ...
Mountainman: As I said in the Past......(THEIR) FAMILY AFFAIRS=The New Global Reality is PRIORITY over Any Individual or a Single COUNTRY for that Matter.......Thus the REASON 12/1 Call it A NEW GLOBAL REALITY.......Coming to A THEATER this SUMMER Near You.....BIS CONFERENCE.......Yes, TIMING Means Things !!!!!!!! and So does "CONTROL".............RATED (IGI).......Oh,= I Get It.......
Blessings,Mountainman (8)=New Beginnings.......for IGI.........
Walkingstick: Exchange Rates and External Adjustment
Swiss National Bank, International Monetary Fund, and IMF Economic Review
Zurich, June 24-25 2016
The Swiss National Bank (SNB), the International Monetary Fund (IMF) and the IMF Economic Review are organizing a joint conference on "Exchange Rates and External Adjustment".
The conference will provide a forum to discuss recent theoretical and empirical research on the macroeconomics and microeconomics of external adjustment, the optimal response of monetary, exchange rate and macroprudential policies when financial frictions matter, the effects of sovereign risk, and the role of exchange rates at the sector and aggregate levels.
The conference will be hosted by the Swiss National Bank and will take place in Zurich, Switzerland on June 24-25, 2016.
Emailed to Recaps:
Brexit 101: Why this week's vote is important for regular Americans
Everett Rosenfeld | @Ev_Rosenfeld
Nearly every market move over the last two weeks has been attributed to the upcoming British referendum on whether the United Kingdom should remain with or leave the European Union.
A poll shows Brits might want to leave? Down go stocks. Now it's looking like the U.K. will stay in the political and economic bloc? Here's200 points to the upside for the Dow Jones industrial average.
And it's not just stock-trading desks watching the the runup to Thursday's referendum. Federal Reserve Chair Janet Yellen said earlier this month that a British exit from the EU "could have consequences in turn for the U.S. economic outlook."
So, what exactly is happening?
British citizens will vote on the question, "Should the United Kingdom remain a member of the European Union or leave the European Union?"
Polls will close at 10 p.m. London-time (5 p.m. Eastern), and then the official returns are expected to start coming in around 1 a.m. Friday local time (8 p.m. Eastern). About 50 percent of the returns will be counted within the next three hours, according to most expectations.
In the event that the leave camp wins, the process of a British exit from the EU would begin, but some estimates say the negotiations could take more than two years.
If Brits vote to stay, then markets will breathe a sigh of relief, and the nation will begin the healing process after a tense period.
And why is everyone nervous?
As could be expected, the primary stance of EU politicians is that the U.K. should stay within the bloc, but nations and expert groups across the world have also expressed their preference for a stay victory.
Important British trading partners — including India and China — have indicated they're worried that an exit would create regulatory and political volatility that could harm the economies of everyone involved.
The U.K.'s Treasury itself reported that its analysis shows the nation "would be permanently poorer" if it left the EU and adopted any of a number of likely alternatives. "Productivity and GDP per person would be lower in all these alternative scenarios, as the costs would substantially outweigh any potential benefit of leaving the EU," a summary of the report said.
As the overall economy weakens, the British government would see weaker tax receipts than otherwise, and those losses would vastly outweigh the benefits of reduced contributions to the EU, according to the analysis.............
And then there's the issue of currencies...
With all of that uncertainty rushing around, a British exit would likely result in a massive rebalancing of currencies.
Investors would likely dive out of the British pound and into cash that's perceived as safe — the Swiss franc, the Japanese yen, the U.S. dollar. The euro could also see some weakening if investors are worried about the fate of the EU.
While being a safe haven could sound like a boon for the U.S. economy, such a large, sudden currency swing could have significant negative implications for American multinational corporations.
The fallout from those currency moves could be another source of short- and medium-term economic tumult.........
But there are many reasons why some Brits will be voting for an exit.
First and foremost, a lot of people simply don't care about the multinational corporations and investors who would likely bear the immediate losses of a vote to leave — not to mention the fact that "expert" predictions are increasingly unpersuasive to voters.
And for many, concerns about the costs of continued EU membership far outweigh any worries about leaving....
Amarok: Why is the Paris Agreement related to the GCR? IMO the GCR is only one of many PA goals.
Yesterday there was a lot of talk about how the Paris Agreement actually contained the language of the GCR.
Well, I got to thinking... and hours later found that the Paris Agreement was the culmination of international conferences dating back to 2007. Elements are found in a myriad of other obscure international meetings, all pulled together for the Ise-Shima Summit on May 26-27.
I admit to cherry picking the information presented here as I looked for language related to what we've been looking for. Economy, Anti-corruption, Financial regulation, Taxes, Individual Sovereignty, and yes Climate Change.
WARNING: This could take time if you go to the links. The summary at the bottom may suffice to prove that what we've been thinking of as purely an economic/banking/currency issue is in reality only one part of what Ban Ki Moon described:
“Today, we have demonstrated our capacity to make tangible progress on a broad range of economic, security, and development policy issues, and we will demonstrate through our actions, a path forward in solving major issues to ensure peace, security and prosperity of the world.” Ban Ki-moon Secretary-General of the United Nations
5/2007 - The MDG Gap Task Force was created by the Secretary-General of the United Nations to improve monitoring of the global commitments contained in MDG 8, the Global Partnership for Development. http://www.un.org/en/development/desa/policy/mdg_gap/
12/12/15 - The Paris Agreement was adopted by all 196 Parties to the United Nations Framework Convention on Climate Change at COP21 in Paris . Implementation of the Paris Agreement is essential for the achievement of the Sustainable Development Goals agreed to in September 2015.
4/22/16 - High-Level Signing Ceremony for Paris Agreement (Earth Day)
A high-level signing ceremony, convened by UN Secretary-General Ban Ki-moon, will take place as a first step in implementing the Paris Agreement, which was adopted in Paris, France, on 12 December 2015. The Agreement will then be open for signature in New York, US, until 17 April 2017.
http://climate-l.iisd.org/events/high-level-signing-ceremony-for-paris-agreement/. After signing the Paris Agreement, Heads of State delivered statements addressing their intention to ratify the agreement.
5/26-27/16 - G7 Ise-Shima Summit, 26-27 May 2016 (Japan, Shima Penninsula)
“Furthermore, following the adoption of the 2030 Agenda for Sustainable Development (2030 Agenda) and the Paris Agreement on climate change last year, we will further make efforts to implement our commitments.”
“Today, we have demonstrated our capacity to make tangible progress on a broad range of economic, security, and development policy issues, and we will demonstrate through our actions, a path forward in solving major issues to ensure peace, security and prosperity of the world.” Such as:
World Economy - Global growth is our urgent priority. Taking into account country-specific circumstances, we commit to strengthening our economic policy responses in a cooperative manner and to employing a more forceful and balanced policy mix, in order to swiftly achieve a strong, sustainable and balanced growth pattern. We reiterate our commitments to using all policy tools – monetary, fiscal and structural – individually and collectively, to strengthen global demand and address supply constraints, while continuing our efforts to put debt on a sustainable path. We reaffirm the important role of mutually-reinforcing fiscal, monetary and structural policies, the three pronged approach, to buttress our efforts to achieve strong, sustainable, and balanced growth
Anti-Corruption - Our collective and individual action to fight corruption is critical for economic growth, sustainable development and maintaining peace and security. We resolve to take measures to improve public procurement transparency, enhance fiscal transparency, and improve anti-corruption capacity building as well as strengthen law enforcement cooperation. We will also promote global effort to fight corruption. We endorse the G7 Action to Fight Corruption as our commitment to lead by example in moving the global anti-corruption agenda forward.
Financial Regulation - We reiterate our commitments to support the timely, full and consistent implementation of the G20 financial sector reform agenda, which will help us achieve our objective of sustainable economic growth. We also remain committed to finalizing the main elements of the regulatory reform agenda. We also reiterate our support for the work by the Basel Committee to refine elements of Basel III 6 framework to ensure its coherence and maximize its effectiveness without further significantly increasing overall capital requirements across the banking sector. We continue to closely monitor, and if necessary, address emerging risks and vulnerabilities in the financial system, including those associated with shadow banking, asset management and other market-based finance activities. We welcome the work of the Financial Stability Board (FSB) in cooperation with other standard setting bodies (SSBs) to assess holistically the extent, drivers and possible persistence of shifts in market liquidity across jurisdictions and asset classes and consider policy measures if necessary.
To restore public trust in tax systems by enhancing transparency of tax information, we reaffirm G20’s call on all relevant countries including all financial centers and jurisdictions to implement the standard on automatic exchange of information by committed deadline and to sign the Multilateral Convention, as well as the request to the OECD to establish the “objective criteria to identify non-cooperative jurisdictions with respect to tax transparency.”
Improving the transparency of the beneficial ownership of legal persons and legal arrangements is vital to prevent misuse of these entities and arrangements for corruption, tax evasion, terrorist financing and money laundering. We commit to the implementation of the international standards on transparency, and call on all jurisdictions to do so. In this respect, we look forward to the initial proposals of the Financial Action Task Force and the Global Forum on Transparency and Exchange of Information for Tax Purposes on ways to improve the implementation of the international standards, including on the availability of beneficial ownership information and its international exchange, to be presented by the October meeting of G20 Finance Ministers and Central Bank Governors.
Anti-Corruption - Corruption is fundamentally contrary to our common values, in particular, the rule of law, democracy and fair competition. We reiterate that our collective and individual action to fight corruption is critical 16 for economic growth, sustainable development and maintaining peace and security. Recognizing the magnitude of the global problem of corruption, we endorse the G7 Action to Fight Corruption, as set out in the Annex, which demonstrates our renewed commitment to fight corruption and ensure transparency worldwide. We will promote the effective implementation of the UN Convention Against Corruption (UNCAC), as well as other key international instruments such as the OECD Anti-Bribery Convention and will promote full participation in their respective review mechanisms.
Climate Change - Welcoming the historic achievement in Paris, we reaffirm not only our continuous commitment in our global efforts against climate change, but also our determination to maintain the momentum of COP21 and ensure swift and successful implementation of the Paris Agreement including the long-term aims on mitigation, adaptation, and finance.