Trisha51: I did hear two days ago that China deposited a "traunch" of money into WF for the PP's and I have always heard that the GCR has to go before the PP's.
Trisha51: I have read that once a paymaster receives funds he must by law, distribute them within 72 hours.
Lovebug: that is exactly how Sean says the tiers work for the payouts. Sovereigns, PPP, Admirals, G64, internet
Trisha51: Rates were negotiated by sovereign groups years ago.
Tman10: Next Crash Worse than 1929 & 2008 Combined-Michael Pento LINK
One11Freedom: Just gets better..Iran and China agreed to expand bilateral ties and increase trade to $600 billion in the next 10 years, President Hassan Rouhani said on Saturday during a visit to Tehran by Chinese President Xi Jinping. LINK
Four2atous: “The Fed borrows billions of dollars daily to put a floor under its benchmark policy rate and this business has become dominated by overseas monetary authorities, instead of the U.S.-based money-market mutual funds who had been expected to be the biggest players”. = http://www.bloomberg.com/news/articles/2016-01-21/fed-s-unexpected-partner-to-manage-rates-foreign-central-banks
Four2atous: Oil price "ooze" creates slippery path= http://www.bloomberg.com/news/articles/2016-01-22/oil-plunge-imperils-iraq-s-fight-with-islamic-state-abadi-says
Four2atous: Pretty new package ......wonder what is inside?= http://www.bloomberg.com/news/articles/2016-01-21/how-wall-street-find s-new-ways-to-sell-old-opaque-products-to-retail-investors
Four2atous: Strange Trades= http://www.bloomberg.com/news/articles/2016-01-22/market-oddities-abound-as-big-mac-yields-valuations-head-south
SassyD: Top Economist - Who Predicted the 2008 Crash - Confirms What Alternative Financial Sites Have Been Saying for a Decade -- http://www.zerohedge.com/news/2016-01-20/top-economist-who-predicted-2008-crash-confirms-what-alternative-financial-sites-hav
Walkingstick: Zebari discuss with New Zealand, Brazil, Canada ambassadors promote investment and debt settlement
2016/1/24 21:39 • [Baghdad-where]
Search and Finance Minister Hoshyar Zebari, with New Zealand, Brazil, Canada ambassadors in Iraq, promote investment and debt settlement.
According to a ministry statement received by the agency all of Iraq [where] a copy of it, that Zebari "received on-site alternative to the ministry today James Monroe Ambassador of New Zealand in Iraq, and discussed with him the economic and trade relations and the desire of both sides to develop".
He also met with Zebari "also Miguel Jr. Magallhays Brazilian ambassador to Iraq, and discussed bilateral Mahalalaqat in all fields and the desire to increase economic and trade cooperation between the two countries, especially as they are linked by ties of cooperation historical document in the commercial field, the parties stressed the desire to debt settlement and including help for investment Brazilian companies in Iraq.
"He met with the Minister of Finance," Bruno Sakmona Canadian Ambassador and discussed with him ways to increase cooperation between Iraq and Canada in light of the development of trade relations between the two countries and the participation of many Canadian companies to invest in Iraq.
"and accept Zebari," the political and security situation and the continuation of the war against the entity Daash terrorist and the price of Canada's position in support of Iraq in this war and its role in the international coalition and its humanitarian assistance in the reconstruction of the liberated areas and the importance of the support of the international community to fund reconstruction ".anthy
http://www.alliraqnews.com/modules/news ... ryid=28142
Walkingstick: America's economic advisers sent to the region to help him overcome the financial crisis
2016/1/24 22:10 [Baghdad-where]
the US ambassador to Iraq, Stuart Jones revealed the intention of the United States sent economic advisers to the Kurdistan region to assist him in overcoming the financial crisis.
A statement by the provincial government that "the Prime Minster Nechirvan Barzani and his deputy, Qubad Talabani has met with a diplomatic delegation headed by US ambassador to Iraq, on Sunday and expressed his willingness to tackle the financial crisis, which passes by the region."
He noted Barzani to "the causes of the financial crisis in Kurdistan, "pointing out that" cutting the Kurdistan region budget by Baghdad, and the Battle of Daash, and displaced persons in the region, and the low price of oil, are all causes of the financial crisis in the Kurdistan region.
"He asked Nechirvan Barzani," the technical assistance of the US delegation to be able to Skip this crisis, and implementation reforms Typically, the development of a long-term plan to cope with such crises.
"For his part, praised the delegation and US Ambassador to Iraq" on the steps undertaken by the Kurdistan region to address the financial crisis, the delegation pointed out that he will take the information and data to Washington and will send specialists and advisers to Kurdistan to overcome crisis current.
"He praised the US ambassador, Stuart Jones," the role of the Peshmerga forces in the face Daash, and the Kurdistan Regional Government to provide the necessary services for displaced people in Kurdistan, ".anthy
http://www.alliraqnews.com/modules/news ... ryid=28144
Emailed to Recaps:
Iranian rial gets a boost as sanctions lifted
The Newspaper's Staff Reporter — Updated about 17 hours ago
KARACHI: The Iranian rial has surged in value after the lifting of international sanctions against Tehran, with speculators and investors hoping that the currency could turn returns like the Kuwaiti dinar did in the early 1990s after that country regained independence from Iraq.
Currency dealers said that the value of 10 million Iranian rials has jumped from Rs32,000 before the lifting of sanctions to Rs50,000 now.
Iraq captured Kuwait in 1990 which eroded the value of the Kuwaiti dinar. During the subsequent two to three years the currency incurred loss to its holders, but those who were patient and chose to hold it were lucky. In Karachi, many made fortunes as the dinar later shot up more than hundred times in value.
“Investing in the Iranian rial is not a bad idea,” said a currency dealer.
It is estimated that Iran stands to recover $100 billion from frozen assets scattered across the world, including China, India, Japan, South Korea, Turkey, and also reportedly in Taiwan. These countries were buyers of Iranian oil.
Iran hasn’t been able to access the roughly $100 billion sitting in those banks because of sanctions imposed by the US in 2012.
Currency dealers believe that as Iran starts to pump 5m barrels of oil per day into the market after the lifting of sanctions, the Iranian rial is set to get a boost from the inflow of dollars.
Published in Dawn, January 24th, 2016
TNT: (Humor, while we wait)
9Ball: HOW THE INTERNET WAS STARTED
Please do not Google or check this with Snopes. They will lie to you. Trust me!
In ancient Israel, it came to pass that a trader by the name of Abraham Com did take unto himself a young wife by the name of Dot.
And Dot Com was a comely woman, broad of shoulder and long of leg. Indeed, she had been called 'Amazon Dot Com'.
And she said unto Abraham, her husband, "Why dost thou travel far from town with thy goods when thou can trade without ever leaving thy tent?"
And Abraham did look at her as though she were several saddle bags short of a camel load, but simply said, "How, dear?" And Dot replied, "I will place drums in all the towns and drums in between to send messages saying what you have for sale and they will reply telling you which hath the best price. And the sale can be made on the drums and delivery made by Uriah's Pony Stable (UPS)."
And the drums rang out and were an immediate success. Abraham sold all the goods he had at the top price, without ever moving from his tent. But this success did arouse envy. A man named Maccabia did secrete himself inside Abraham's drum and was accused of insider trading. And the young man did take to Dot Com's trading as doth the greedy horsefly take to camel dung.
They were called Nomadic Ecclesiastical Rich Dominican Siderites, or NERDS for short.
And lo, the land was so feverish with joy at the new riches and the deafening sound of drums that no one noticed that the real riches were going to the drum maker, one Brother William of Gates, who bought up every drum company in the land. And indeed did insist on making drums that would work only with Brother Gates" drum heads and drumsticks.
And Dot did say, "Oh, Abraham, what we have started is being taken over by others."
And as Abraham looked out over the Bay of Ezekiel, or as it bacame to be known, "eBay" he said, We need a name that reflects what we are.
And Dot replied, "Young Ambitious Hebrew Owner Operators."
"YAHOO," said Abraham.
And that is how it all began. And that's the truth. I would not make up this stuff