Thanks My Ladies for allowing us to post from your Private Chatroom today:
MY LADIES: MORNING PRINCESS...SOME VERY INTERESTING THINGS ARE TAKING AFFECT THIS QUARTER……. WATCH I'M GOING TO SHOW YOU COUNTRIES FACING SERIOUS DEBT CRUNCHES ALL OF A SUDDEN..
Kuwait enters the stage of the fiscal deficit for the first time in 15 years http://www.alsabaah.iq/ArticleShow.aspx?ID=95938
said Kuwaiti Finance Minister, Anas Al-Saleh, in a telephone interview with the channel «Arab»: All options are available to finance the budget in Kuwait deficit during the fiscal year 2015/2016.
MY LADIES: KUWAIT TO SELL BONDS
The good, «the option to go to the market through the issuance of bonds, is possible and fitter and successful, and there is general reserve of the state, and we will go to achieve the highest return of Kuwait ».
and about the value of the reserves in Kuwait, Saleh said: We «are reassured that the reserves in Kuwait solid and managed in a satisfactory manner, it was offered at a private meeting on the Council of the Nation»
Are Dubai's debt storm clouds gathering again?
Action by a state-owned company and the fall in oil prices has placed Dubai’s $140bn debt load under scrutiny. http://www.aljazeera.com/news/2015/02/dubai-debt-storm-clouds-gathering-150201075605951.html
Dubai's debt burden is once more the focus of attention after the state-owned investment firm Dubai World invoked legislation to push through a deal to reschedule $14.6bn in debt.
It is the second restructuring in four years through Decree 57, a provision allowing Dubai World to seek ratification at a special tribunal after garnering the support of more than 66.67 percent of creditors by value, the trigger point for a deal.
The move, seen by some as controversial, permits the company to impose a deal on creditors in a process known as "cramdown".
MY LADIES: BEFORE GOING FOR THIS PROCESS CAUSED "CRAMDOWN" YOU NEED TO BA ABLE TO SING ALL THE VERSES FROM "THE WHEELS ON THE BUS GO ROUND AND ROUND"
Under the terms, Dubai World will make an early repayment of $2.92bn due in September and extend payment of debt that would become due in 2018 to 2022.
MY LADIES: SEPTEMBER IS RIGHT AROUND THE CORNER
Jordan's national debt soars to dangerous levels http://www.alaraby.co.uk/english/news/2015/3/8/jordans-national-debt-soars-to-dangerous-levels
Jordan's national debt has soared to dangerous levels due to the combined effects of war, an economic slump and the rising costs of power generation, according to the chairman of the parliament's economic committee.
In an exclusive interview, Kheir Abu Seileik said the national debt now exceeded what was considered "acceptable" limits.
The IMF's latest report on Jordan said public debt stood at 91.1 percent of GDP in 2014. Kheir Abu Seileik said he expected it would reach 92.6 percent this year.
Jordan is due to receive the latest tranche of a $2bn IMF loan, which will push public debt higher.
Saudi Arabia may issue first sovereign debt since 2007
Saudi Arabia may issue sovereign debt for the first time since 2007 this year after oil’s decline sent its cash reserves plunging, according to Ashmore Group Plc.
MY LADIES: FIRST THEY OPEN THEIR DOOR FOR FOREIGN INVESTORS AND NOW SELLING BONDS
Assets of the biggest Arab economy’s central bank tumbled by 76 billion riyals ($20 billion) in February, the largest monthly drop since at least 2000.
According to International Monetary Fund estimates, the country has a debt-to-GDP ratio of about 2.6 percent, among the lowest in the world, and may now take advantage of record low interest rates and ample bank liquidity, Riyadh-based director at Ashmore and former chief economic adviser to Saudi’s Ministry of Finance, John Sfakianakis, said.
European debt crisis: It's not just Greece that's drowning in debt
With Greece drowning in debt and facing exit from the eurozone, we had a look at how the other EU countries are coping with their debt
MY LADIES: HERE IS A PRETTY ALARMING CHART OF DEBT IN EUROPE
MY LADIES: FOR THOSE THAT THINK GREECE IS NOTHING TO WORRY ABOUT
The very big risks of the Greek debt crisis
So why did President Obama pick up the phone Sunday to urge German Chancellor Angela Merkel to try to find a solution, even at this late hour?
Here are five reasons why Greece's fate matters:
PrincessDD: Greece debt: Varoufakis accuses creditors of 'terrorism'
PrincessDD: Experts reach tentative agreement on Iran sanctions relief
AW: This is Super!!!! Be sure to read the last sentence of the last paragraph...............lol.
Syndicated columnist Charles Krauthammer told viewers on "Special Report with Bret Baier" that Greece's prime minister urging his countrymen to vote against the referendum on fiscal austerity this coming Sunday is "economic suicide."
He likened the move to drinking from a poisonous plant: "It's a taking of hemlock. The Greeks have a history of this, it was once noble. I can't believe they're going to do this."
Panel member Tucker Carlson, a "FOX and Friends Weekend" host, questioned whether it was wise for Greece to join the single Euro currency, "Has membership in the EU really helped Greece? I mean this is a country that doesn't have anything in common with other countries."
"75% of Greeks retire by the age of 61. This is a country that doesn't have anything in common with Germany. Why are they in this union?" Carlson said.
Krauthammer said that Greece relied on a $275 billion bailout plan in the last five years and creditor's largesse, "They're in this union because it gave them 25 years of living off the German tit." http://www.foxnews.com/politics/2015/07/03/krauthammer-greece-living-off-german-teat/
IQD NOVA: *Iran Talks Breakthrough Seen as UN Expects End to Military Probe http://bloom.bg/1NDvi6M*
AW” Hmmmmmmmm,....................another piece drops into place, too.
IQD NOVA: ALSO FOX HAS REPORTED THAT A DEAL HAS BEEN REACHED ON LIFTING THE SANCTIONS.
AW: Too many interesting pieces to this puzzle that are starting to line up/fall into place for this just to be coincidental…..As it was previously implied,...................if Iran is going to have permission to play in the neighborhood sandbox, then the other neighbors are going to play too or run the risk of losing access to the sandbox...............one particular neighbor will need to make some quick changes to its monetary policies in order to play in that sandbox…..It can be said that we see evidence of many changes coming to those policies.
Bandito Rox: BREAKING NEWS: China has suspended 28 pending initial public offerings, companies tell exchanges