AdminBill: GOOD EVENING. THIS WEEK LOOKS PROMISING. MANY POINTING TO A CONCLUSION.
BANKS ARE READY AND NEED THE ASSET BACKED CURRENCY TO STIMULATE BOTTOM LINE.
CHAT ROOM WILL CLOSE AT MIDNIGHT MDT
CrimsonTide: AdmnBill, are there any behind the scenes exchanges still going on?
AdminBill: THERE HAVE BEEN
CrimsonTide: maybe we will be next
Stardot: Hoping Dr Clarke is right looking forward to Monday to find out
Kelly: Dr. Clarke, based on the events of the past 72-hours, are you still confident for "Calling This RV" for Monday, October 03rd 2016?
DR. CLARKE: Kelly, Thank You. We are completely prepared to be "Tortured, Ridiculed, Slain, Burned at the stake, Blamed, Caballed, Deviled, Evil-ed, Disavowed, Discredited, Favor-less, and completely Obliterated" by all of Dinarland......if it doesn't.
With a Smile on our Face...... :) YES.
Augold24k: VERY IMPORTANT ANNOUNCEMENT FROM Christine Lagarde, Managing Director, IMF PLEASE ALL REVIEW TURN ON YOUR SPEAKERS PLEASE. http://www.imf.org/external/mmedia/view.aspx?vid=5149899914001
KLS: Okay guys...,what does it mean if you own Yuan? Now that it is recognized, and included in the SDR basket of currencies?
OnceWasLost: KLS imHo it simply means that Yuan is now a "reserve" currency. World-wide commerce can freely be conducted using it...(Regarding RV/GCR - prolly means nothing)
Splash: KLS wait until we RV. The value of the Yuan is expected to increase shortly after.
KLS: Thank you Once & Splash..... I guess we still wait for for RV. I thought as reserve currency, it would have new gold backed value?
Stardot: latest on Deutsche Bank >>> just in time for the Market open, the Monday German Bank Holiday and the full out crash on Tuesday
Skyshark: Bix Weir is saying that the full economic collapse is now here. Hopefully it brings with it the GCR that we have all been waiting for
Freeway2: Interesting Article - http://www.zerohedge.com/news/2016-10-02/some-deutsche-bank-clients-unable-access-cash-due-it-outage
Offgrid: In February of 1991 Iraq was expelled from Kuwait, and a month later, the banks revalued their currency to $3.47, the highest valued currency in the world. When this occurred, the New York Times reported the event on March 25, 1991.
GJHHonor: Kuwait Reopens Its Banks - March 24, 1991, it was a Sunday - they were given until May 7 - approximatley 6 weeks to exchange http://www.nytimes.com/1991/03/25/world/after-the-war-no-electricity-but-kuwait-reopens-its-banks.html
Harambe: Indonesian economy becomes a 'standout' among emerging markets
There's more to Asia's vast economy than just China and Singapore, both linchpins of regional growth.
Indonesia is slowly but surely cementing a reputation as a standout in the global economy, aided by a strong domestic economy and a government embracing pro-market reforms. With that in mind, the country recently saw its strongest growth in more than three years.
"Indonesia has been one of the stronger performing EM countries this year outside of countries like Brazil," Clayton Fresk, portfolio manager at Stadion Money Management, which is based in Watkinsville, Georgia, and manages nearly $4 billion in assets, told CNBC recently.
"After experiencing a stable decline in [growth] since 2010 through mid-2015, that trend has reversed and the country is seeing small improvements in that reading over the past year," Fresk added, with employment on the rise and interest rates on the wane.
As China's slowing growth spills over into other developing economies in the region, Indonesia is gravitating above the turmoil. Earlier this year, the International Monetary Fund's mission chief for Indonesia gave the government credit for its economic competence, and expects its economy to grow by 5 percent this year.
Analysts say Indonesia's success is all the more impressive as major economies around the world continue to hew to loose monetary policies — which haven't gotten them much bang for their buck — and developing economies struggle.
"Against this backdrop it is hard to find structural and sustainable growth stories," Smriti Shekhar, portfolio manager with NN Investment Partners' equity markets group told CNBC in a recent interview.
Indonesia's vast population exhibits favorable demographics such as high life expectancy and fertility rates. Investors also like growth prospects, fiscal discipline and relatively low inflation of around 3-5 percent, making the country what Shekhar calls a "standout as an attractive market."
Indonesia's reform credentials have also stood out in 2016 with a new government, improved economic fundamentals, tax reform and the appointment of a credible new finance minister who was a former IMF official.
Foreign investors have lapped up Indonesian bonds at a very high rate — at least 40 percent, according to recent data — underscoring how the country's relative attractiveness, but stoking concerns with the country's officials. In a research note to clients this week, Bank of America-Merrill Lynch recommended maintaining exposure to long-dated Indonesian debt, based on "a supportive stance from global central banks" boosting the attractiveness of emerging government bonds
Read more at: http://www.cnbc.com/id/103983341
rcookie ...IRAQ STRUCK DEAL IN JULY TO COMPLETE MONETARY REFORMS INCLUDED IN 2017 BUDGET...WHICH THEY DID...AND US HAS NOT HELD ITS END OF THE BARGAIN AS FAR AS GUARANTEEING HALF OF THE BONDS...WHICH WERE IN THE 2016 BUDGET AS WELL AS THE PENDING 2017 BUDGET...
THEY ARE SAYING THEY ARE GOING TO DELAY THE BONDS THAT WERE SCHEDULED TO BE LAUNCHED BEFORE END OF 2016 ...TO EARLY 2017 BECAUSE US CONGRESS FAILING TO APPROVE...
THAT WILL BECOME ANOTHER AMENDMENT TO 206 BUDGET LAW THAT WILL HAVE TO BE ADDRESSED... THE LOAN AFFECTS BUDGET EXECUTION...NOT CURRENCY REFORM...
BOND DELAY AFFECTS THERE ABILITY TO EXECUTE THE BUDGET AND ADDRESS THE DEFICIT THRESHOLDS SET BY THE IMF...
Walkingstick: Monitor the convertibility of the dollar Offices
Inclusion of 300 companies on the blacklist
Baghdad , Tariq al - Araji
yielded coordination between the Iraqi Central Bank and the Treasury and the Federal Bank of the Americans on the status of 300 and the Office of the company to convert the currency on the black list proceeded to transfer kickbacks to people suspects in areas under the control of terrorists
Governor of the Central Bank on the Keywords she said in a statement to «morning»: this «coordination is happening for the first time, as was the rules for the exchange of information on the movement of money put through the benefit of a layer US Federal Bank to follow the US dollar 's movement program in accordance with the serial number printed on each sheet».
Keywords noted that «Central Bank and by linking it with the US Federal constantly Information receives in the event of go remittances to people in a restricted and occupied areas by« Daesh »are to stop these transfers as if the amount went to the connector or others areas only under the control of the terrorist gangs,
Vnoagaf these remittance» noting that «this process contributed to the stop couriers and there are nearly 300 companies have been put on the black list because of this information.» As revealed «coordinate with the Council of the judiciary and the security agencies to fight this dangerous phenomenon»
Walkingstick: Iraqi transportation minister claims Iraq had airports and spaceships 7,000 years ago
Published October 2nd, 2016
Iraqi transportation minister Kadhem Finjan al-Hamami claimed this weekend that Iraq was home to the world’s first airports 7,000 years ago, when Sumerians would launch spaceships that reached other planets.
Al-Hamami’s statements, which were reported by Al Jazeera, puzzled onlookers and even appeared to confuse his entourage who stood silently behind him as he delivered his statements at a press conference in Dhi Qar – a province in Iraq’s southern region near Basra.
“It’s a long story, maybe you don’t know about it. Maybe even people from Dhi Qar don’t know - the first airports that were built on planet Earth were built in the 5th Century BC in Dhi Qar.”
Al-Hamami’s went on to discuss the uniqueness of Dhi Qar, claiming that the region is renowned for being the safest in the world for flight. This is why, in his view, the Sumerians decided to build their airports there – and to create a space program predating NASA by 7,000 years.
“There were Sumerians who launched spaceships [from Dhi Qar] and headed to other worlds.” al-Hamami claimed. Among his other claims were that Sumerians discovered an 11th planet, which they named “Nibiru”, and the Sumerians themselves were actually angels.
Naturally, not everyone bought al-Hamami’s story. Many took to Twitter the lambast the transport minister for making his country appear stupid: