My Ladies Chatroom Thurs.AM: "A Symphony Orchestra of Countries Playing out the Final Notes of World Monetary Change"
Thanks My Ladies for letting us share from your private chatroom:
Edee: Good morning …. here is the 5 things o talk about today Bloomberg - Five Things Everyone Will Be Talking About Today http://bloom.bg/1eCxZtw
DS: It looks like everything is a go in Iraq with out any delay
PrincessDD: Why the Naysayers Are Wrong About the Iran Deal http://www.nytimes.com/2015/07/30/opinion/why-the-naysayers-are-wrong-about-the-iran-deal.html
The Middle East will never be the same: Why the Iran pact is a historic triumph LINK
Princess DD: "Iran holds plenty of economic promise" http://www.cbsnews.com/news/iran-holds-plenty-of-economic-promise/
Princess DD: Ebadi: Now is the time for a 'human rights deal' in Iran http://www.dw.com/en/ebadi-now-is-the-time-for-a-human-rights-deal-in-iran/a-18617432
Princess DD: Iran’s Thirst for Energy Draws in Wind Developers http://www.bloomberg.com/news/articles/2015-07-29/nuclear-deal-opens-market-as-big-as-france-for-iran-wind
Princess DD: How Obama might keep the Iran deal alive if Congress votes no
John Kerry, Jacob Lew, Ash Carter, Martin Dempsey, Ernest Moniz http://www.latimes.com/opinion/opinion-la/la-ol-obama-iran-nuclear-20150729-story.html
Princess DD: Japan mulls lifting sanctions against Iran https://www.japantimes.co.jp/news/2015/07/30/national/politics-diplomacy/japan-mulls-lifting-sanctions-iran/#.VbodMZPL9z0
Princess DD: Dem Rep. Sherman: Bush, Obama Have Violated Sanctions Against Iran For Years http://www.realclearpolitics.com/video/2015/07/29/dem_rep_sherman_bush_obama_have_violated_sanctions_against_iran_for_years.html
Princess DD: Looking ahead to lifting sanctions against Iran https://www.lexology.com/library/detail.aspx?g=205d56e4-97b4-4704-af9e-a25d80da86cc
Fears over China's market crash are overblown http://money.cnn.com/2015/07/29/investing/china-stock-market-crash/
The Dark Side Of China's New 'Post-Reform' Era http://www.forbes.com/sites/kenrapoza/2015/07/30/the-dark-side-of-chinas-new-post-reform-era/
China markets regulator warns media on ‘market disturbance’ http://www.ft.com/intl/cms/s/0/5142f160-3675-11e5-bdbb-35e55cbae175.html#axzz3hNYC8K4C
China’s weakened property market could hit banks: S&P https://www.cnbc.com/2015/07/29/chinas-weakened-property-market-could-hit-banks.html
China to become world powerhouse of capital markets http://www.afr.com/brand/chanticleer/china-to-become-world-powerhouse-of-capital-markets-20150730-ginzmj
China must learn the right lessons from this market crash http://www.afr.com/opinion/columnists/michael-spence-china-must-learn-the-right-lessons-from-this-market-crash-20150730-ginwbw#
Bets Rise That China’s Yuan Will Fall
Investors take positions to protect against yuan weakening, a signal of waning confidence in Beijing http://www.wsj.com/articles/bets-rise-that-chinas-yuan-will-fall-1438239578
CNH Tracker-Rising yuan cross currency swap rates seen close to an end http://www.reuters.com/article/2015/07/30/markets-offshore-yuan-idUSL3N1081OW20150730
Princess DD: China faces quandary on currency controls http://www.straitstimes.com/business/economy/china-faces-quandary-on-currency-controls
Bandito Rox: $100bn BRICS currency pool kicks in
Published time: 30 Jul, 2015 11:28
The agreement on the BRICS $100 billion currency reserve pool came into force Thursday. The fund was set up by the developing nations group to protect their national currencies from volatility in global markets.
"The arrangement is important not only because it provides the possibility to quickly obtain additional liquidity, but its very existence has a positive, stabilizing effect on the market. Similar agreements created by other countries (for example, the European Stability Mechanism) continue to be in force and fulfill their functions,” Russia’s BRICS group representative told TASS.
PrincessDD: SA’s yuan payments rise on stronger relations with China – SWIFT http://www.moneyweb.co.za/news/south-africa/sas-yuan-payments-rise-on-stronger-relations-with-china-swift/
Princess DD: Is yuan ready for the big league? Inclusion of the yuan in the SDR (special drawing right) basket may not give much tangible benefit but will symbolize China’s arrival on the global financial scene http://www.livemint.com/Opinion/Vzr9C4BlMCal9YzUryuPCO/Is-yuan-ready-for-the-big-league.html
Princess DD: A Tripolar Currency Regime Is in the Offing…A scenario that sees the birth of an international regime centered on the dollar, euro and yuan in this decade is likely http://english.caixin.com/2015-07-30/100834608.html
Princess DD: Chinese yuan weakens to 6.1165 against USD Thursday http://www.shanghaidaily.com/article/article_xinhua.aspx?id=294954
Bandito Rox: Gold has potential to plummet to $700: Strategist http://www.cnbc.com/2015/07/30/gold-has-potential-to-hit-700-strategist.html
Russian ruble slides in international markets despite central bank action http://www.usnews.com/news/business/articles/2015/07/30/russias-ruble-extends-its-slide-despite-central-bank-action
$100bn BRICS currency pool kicks in https://www.rt.com/business/311154-brics-currency-pool-start/
BRICS Contingent Reserve Arrangement Treaty comes into force http://in.rbth.com/economics/2015/07/30/brics_contingent_reserve_arrangement_treaty_comes_into_force_44497.html
Princess DD: Greece:
Greece's prime minister is trying to crush a rebellion within his own party Read more: http://www.businessinsider.com/r-greek-pm-tries-to-rein-in-leftists-in-party-battle-2015-7#ixzz3hNccbPOG
Hollande Approval Rating Jumps After Greece Accord Reached http://www.bloomberg.com/news/articles/2015-07-29/hollande-approval-rating-jumps-after-greece-accord-reached
Debt relief for Greece? Rules first. http://www.csmonitor.com/Commentary/the-monitors-view/2015/0729/Debt-relief-for-Greece-Rules-first
Pressed by left, Greece's Tsipras vows 'thus far and no further' http://uk.reuters.com/article/2015/07/30/uk-eurozone-greece-idUKKCN0Q31KD20150730
Greece’s Radical Ex-Finance Minister Could Soon Be In Court On Treason Charges http://dailycaller.com/2015/07/29/greeces-radical-ex-finance-minister-could-soon-be-in-court-on-treason-charges/
Yanis Varoufakis may face criminal charges over Greek currency plan http://www.theguardian.com/world/2015/jul/29/yanis-varoufakis-may-face-criminal-charges-over-greek-currency-plan
Varoufakis gives Greece the gift of a scapegoat http://blogs.reuters.com/breakingviews/2015/07/29/varoufakis-gives-greece-the-gift-of-a-scapegoat/
Tsipras Seeks to Avert Party Split as Greece’s Creditors Arrive for Talks http://www.nytimes.com/2015/07/30/business/international/tsipras-seeks-to-avert-party-split-as-greeces-creditors-arrive-for-talks.html
Out of prejudice or fear, Germans steer clear of Greece http://www.dw.com/en/out-of-prejudice-or-fear-germans-steer-clear-of-greece/a-18616995
"Greece’s Radical Ex-Finance Minister Could Soon Be In Court On Treason Charges
"Yanis Varoufakis may face criminal charges over Greek currency plan"
"Varoufakis gives Greece the gift of a scapegoat"
they are really going after this guy. He hit the EU establishment hard in some of his interviews. Italy and others being brought in line, sent a message.
MVL: I read an interview with this cat. He sounded like the only intelligent one in Greece at the time. His approach was very patriotic, and for the people, but the cats in Brussels basically told him to shut up. Ditto, Memphis.
SAGER: Mary I’m not sure if this site is good, but here’s info on the transfer of powers to provinces…
Parliamentary committee: the government agreed to transfer the powers of eight ministries to the provinces
Khandan - The Committee of the Regions and the provinces in the Iraqi Council of Representatives, the Federal Government for approval on the transfer of powers of the eight ministries of service to the provinces, next Sunday.
The Messenger Radi committee member parliamentary regions, that "the government backtracked on a decision to suspend the transfer of powers from the ministries to the provinces, and will be held on Sunday, an expanded meeting in the House of Representatives, including ministers of eight ministries in the government and the Board of Governors and the heads of provincial councils and the House of Representatives for the completion of the transfer of powers file".
Radi said in remarks to the agency "Anatolia" that "according to the law of governorates not organized province No. 21 of 2008, the average period of time that has identified two years to transfer the powers of the eight provincial ministries to expire on 5 August next."
MY LADIES: Thanks Sager
SAGER: Welcome Mary….Timing of the transfer of powers is awesome too
SAGER -: This sunday
MY LADIES: OH REALLY...VERY INTERESTING...I'LL READ IT NOW
SAGER: Yep… it says they have a deadline of August 5 to transfer the powers
MY LADIES: YES I SEE IT...SO 1 MORE STEP FORWARD
AW: I refuse to believe that most of what we see is coincidental..............folks,...this is a very well thought out process that Iraq is proceeding through. Now, I am NOT stating that it is ALL about Iraq. Instead, Iraq is just one of many that makes up this symphony orchestra of countries playing out the final notes of world monetary change.