Thanks My Ladies for letting us share from your private chatroom
Princess DD: A message for the US Congress from Switzerland: The Iran deal is done http://qz.com/478706/a-message-for-the-us-congress-from-switzerland-the-iran-deal-is-done/
Princess DD: Can we get some reactions from this possibly?
Princess DD: So Irans billions are now freed up and they can start doing business with everyone finally.
IQD NOVA: http://www.armstrongeconomics.com/archives/35908
MVL: If I'm following it right, Nova's post of MA (Martin Armstrong) indicates things becoming more expensive for the U.S. exports, because of a stronger dollar. This would put other economies in a bind because of their debt? So these economies buy more dollars, thus creating a bubble that MA warns about coming around October 1st?
PrincessDD: As Iranian market opens, curtain falls on a once-thriving underground economy http://iranian.com/posts/as-iranian-market-opens-curtain-falls-on-a-once-thriving-undergr-55571
JP: Did Iran get their money from the Swiss?
PrincessDD: : Im so surprised that there isnt more news on the Switzerland/Iran sanctions removal today…..Ive been checking all morning
IQD NOVA: Yes they did.
MVL: I'm wondering if a quote from Winston Churchill might be appropriate, given what we've learned about the Swiss and the Iranians: "...this is not the end. It is not the beginning of the end. It may be, however, the end of the beginning..."
JP: Today’s announcement of playing Swiss Miss with Iran will be considered by some in dinarland as Shakespeare’s “Much Ado About Nothing” when in actuality it is Pink Floyds’ “Another Brick in the Wall!”
PrincessDD: Iran Targets 45 Oil and Gas Projects in Plan to Boost Output http://www.bloomberg.com/news/articles/2015-08-13/iran-targets-45-oil-and-gas-projects-in-plan-to-boost-production
Princess DD: Swiss firms may get eventual boost from Iran sanctions move http://uk.reuters.com/article/2015/08/13/uk-iran-nuclear-swiss-idUKKCN0QI1T520150813
PrincessDD: Cant vouch for the source of this article.
Switzerland Lifts Iran Sanctions Ahead of World Powers. http://www.jewishpress.com/news/breaking-news/switzerland-lifts-iran-sanctions-ahead-of-world-powers/2015/08/13/
MVL: I'm thinking if SA is strapped for cash, how much more so the Iraqi's...?
PrincessDD: What Will Iran Do With Its Newly Released Foreign Assets? http://www.newsweek.com/what-will-iran-do-its-newly-released-foreign-assets-362480
PrincessDD: Majlis sets mechanism for expending of returning blocked assets http://theiranproject.com/blog/2015/08/12/majlis-sets-mechanism-for-expending-of-returning-blocked-assets/
MVL: I know what I'd do!
IQD NOVA: Are you kidding me........Look At The Word There Using!!!!!!!
And What Is Iraq's GOI Working On Right Now Also?
Think Before You Answer!!!
Majlis sets mechanism for expending of returning blocked assets
AW: I have dreams at night of mechanisms........I count "mechanisms" as I fall asleep...... All kidding aside.......we are finally seeing the mechanisms.....IMO........there are several in play they will bring us what we want.
Blessed153: The verbage is past tense. :) "Moqaddam says the legislative body has already set the mechanism"
IQD NOVA: YOU ALL ARE AWESOME!!!!!!
AW: another interesting quote:.........." has already set the mechanism necessary for determining ways of expending the released Iranian assets....and "which will be allocated to the private sector as a chance to promote their activities.” : better late than never.....
MY LADIES: IRAQ AND IRAN ARE A MIRROR IMAGE OF EACH OTHER...
Elaborating on the expenditure of released Iranian assets, the parliamentarian said a part of it, mounting to about dlrs 40 billion, belongs to the National Development Fund which will be allocated to the private sector as a chance to promote their activities.
IQD NOVA: I LOVE IT!!!!!!
PrincessDD: Things are coming together nicely.
AW: It is my opinion, that Iraq saw the writing on the wall 9 months ago that the sanctions against Iran would be coming to an end……….and their eventual end is what has lit the fire under Iraq’s butt. As Iraq has stated many times that they will not be left behind is the reason they speed up to the starting line only to wait for the starting gun………….IRAN.
With the sound of the starting gun.................Iraq will then introduce to the world the IQD.
Of course,............I could be wrong...................and yet, I could be right too.
Grateful Heart: Man O Man what an exciting news day!! yup...I agree with whoever said it looks like economic dominoes!
Memphis: hi Grateful. funny you should say that, I thought MVL's analogy was quite good too!
MVL: I have a great team; together, we've discussed the economic domino appearance of what we are all watching unfold. Mary and Nova, along with others, provide clarity and understanding as to just where we are in the process.
PrincessDD: Switzerland lifts Iran sanctions
First Journalist for Jewish paper visits Iran since the 1979 Revolution
On Thursday, Switzerland lifted its sanctions against Iran in a show of support for the recently negotiated Iran nuclear deal between Iran and the P5+1 (the United States, United Kingdom, Russia, China, France and Germany). The agreement, which aims to stop Iran from acquiring nuclear weapons, is beginning to open up Iran to the world. http://www.i24news.tv/en/news/international/81903-150813-first-jewish-journalist-visits-iran-since-the-1979-revolution
PrincessDD: Alternative Currencies Flourish in Greece as Euros Are Harder to Come by
Such payment systems offer another option as Greeks endure tight capital controls http://www.wsj.com/articles/alternative-currencies-flourish-in-greece-as-euros-are-harder-to-come-by-1439458241
PrincessDD: China devalues yuan for third straight day, adding to fears of currency war
Central bank weakens currency further by 1.1% after previous official cuts that put global financial markets on edge http://www.theguardian.com/world/2015/aug/13/china-devalues-yuan-for-third-straight-day-adding-to-fears-of-currency-war
MVL: Anyone else get the feeling that the emerging markets are basically saying to the U.S., "talk to the hand"?
PrincessDD: What is China doing with its currency, and why? http://www.latimes.com/opinion/editorials/la-ed-0813-china-currency-devaluation-story.html
Princess DD: China's Risky Bet On Devaluation: Are China's Leaders Turning Their Backs On History? http://www.forbes.com/sites/mclifford/2015/08/12/chinas-risky-bet-on-devaluation-are-chinas-leaders-turning-their-backs-on-history/
Princess DD: World stock markets rebound as China central bank soothes fears over further yuan weakness http://www.usnews.com/news/business/articles/2015/08/13/asian-stocks-stabilize-as-china-yuan-turmoil-subsides
Princess DD: Currency wars: Dollar vs yuan vs euro through the ages http://economictimes.indiatimes.com/markets/forex/currency-wars-dollar-vs-yuan-vs-euro-through-the-ages/articleshow/48461702.cms
Princess DD: Currency Wars or Just Economics? http://www.scmp.com/comment/insight-opinion/article/1849127/currency-wars-or-just-economics
Princess DD: Peso closes at 5-year low as fears of 'currency war' loom http://cnnphilippines.com/business/2015/08/13/peso-closes-5-year-low-fears-of-currency-war.html
Princess DD: Indonesia not engaged in‘currency war’: BI https://www.thejakartapost.com/news/2015/08/13/indonesia-not-engaged-currency-war-bi.html
Princess DD: Vietnam cbank counters yuan devaluation to buck external risks to national economy http://tuoitrenews.vn/business/29819/vietnam-cbank-counters-yuan-devaluation-to-buck-external-risks-to-national-economy
Princess DD: World Bank predicts economic uptick for Iran following sanctions deal http://www.ifreepress.com/5629-world-bank-predicts-economic-uptick-for-iran-following-sanctions-deal/
Princess DD: Letters: Iran was bluffing on nukes to unfreeze assets http://www.elpasotimes.com/opinion/ci_28629396/iran-was-bluffing-nukes-unfreeze-assets
Princess DD: Asian stocks stabilize as market turmoil over China's currency devaluation subsides http://www.usnews.com/news/business/articles/2015/08/12/global-stocks-sink-as-chinese-currency-weakens-further
Princess DD: Dollar holds gains as markets get greater clarity on Chinese yuan http://www.nbr.co.nz/article/nz-dollar-holds-gains-markets-get-greater-clarity-chinese-yuan-b-177136
Princess DD: Chinese Yuan declines as PBOC lowers Yuan Reference Rate 1.1 Percent https://www.dailyfx.com/forex/market_alert/2015/08/13/Chinese-Yuan-declines-as-PBOC-lowers-Yuan-Reference-Rate-1.1-Percent.html
Princess DD: Yuan Drop Suggests Both IMF, U.S. Wrong in Dispute on Value http://www.bloomberg.com/news/articles/2015-08-12/yuan-drop-suggests-both-sides-wrong-in-imf-u-s-dispute-on-value
Princess DD: IMF: Yuan's downward adjustment 'a welcome step'
Princess DD: IMF welcomes new RMB exchange mechanism
Princess DD: Jordanian officials promise IMF to lower public debt to ‘70 percent of GDP’ in five years http://www.albawaba.com/business/jordanian-officials-promise-imf-lower-public-debt-%E2%80%9870-percent-gdp%E2%80%99-five-years-730436
Princess DD: There's an important, overlooked angle to China's big move in the currency market Read more: http://www.businessinsider.com/the-imf-welcomes-chinas-yuan-devaluation-2015-8#ixzz3igziYXe6
Princess DD: International Money Mania
PrincessDD: China’s Key Money Rate Capped as Bonds Rebound From Two-Day Loss http://www.bloomberg.com/news/articles/2015-08-13/china-s-key-money-rate-capped-as-bonds-rebound-from-two-day-loss
Princess DD: China Seeks to Calm Markets as It Devalues Its Currency for a 3rd Consecutive Day http://www.nytimes.com/2015/08/14/business/international/china-devalues-its-currency-renminbi-for-a-third-consecutive-day.html
Princess DD: China defends new currency regime http://www.ft.com/intl/cms/s/0/d42526ee-418c-11e5-b98b-87c7270955cf.html#axzz3iWOEvPEO
Joey: GM so much excitement, the US bully on the block is going away. Watching the global money move.