Frank26: I call it a LAVA FLOW for a very good reason.
Have been SHARING that the last 3 weeks to be ....... S .. L .... O ... W.
But may I suggest that after next MONDAY and After Your MONDAY CC .......... THE LAVA FLOW WILL BECOME LESS VISCOUS .......... It will run at a much Quickened Pace !
In fact may I suggest that the viscosity lessens starting today ......... Yellow Light.
Told You WHY .......... Last night and WHAT would be done on that day........ 2 come.
Fascinating ............ Was YOUR CC LAST NIGHT ........ No?
Soon Iraq will SING and Write of their EPIC journey.
I know You think EPIC means ........ History......... But it does not.
In it's noun form EPIC means a long narrative poem telling of a hero's deeds. An epic is also a long poem or other work of art celebrating heroic feats.
There are THREE of THEM.
After (Business Promo) CC tonight ........... Want to SHARE the rest that I did not get to last night........ We have too much.
For example ........... Iraq will be off the USD by 1/1/16.
AND .......... Last night the Integrity Commission announced Tuesday the arrest against others of the current Ministry of Commerce a number of Director's Generals of The Ministry.
AND .......... REAL RIAL REASONS.
AND ......... Well ......... Join me tonight ........ This INTEL stuff is ridiculous every 24 hours LOL.
Aloha KTFA Frank
dnari131 » October 21st, 2015,
Hedge Funds getting smashed...lost 600 Million in seconds today so far
Hedge Funds on Edge as Valeant Pharma (VRX) Sinks
October 21, 2015 11:13 AM EDT Send to a Friend
As Valeant (NYSE: VRX) shares plunge, the following are some notable holders of the company's stock, according to the latest ...
Acer: Government bills are due that first week of November, per Jack Lew: Jack Lew: No tolerance policy for currency interventions
Check out this video on YouTube: http://youtu.be/jhIk9P520ec
MegaMeallionear: One thing we MUST remember is that weather it is a REVALUATION or a RESET, the value of the CURRENCY of a COUNTRY will be RELATIVE and directly proportional to its RESOURCES...
MEANING --- The higher the resources, the higher its relative value to the Dollar/Gold/SDR/Whatever the YARDSTICK will be!!! IMHO!!!
EXOGEN: City of London gets boost after China's central bank launches first
China's central bank offers 5bn yuan worth of one year bond in LondonReuters
Timing in perfectly with the first day of President Xi Jinping's state visit to the UK, China's central bank issued its first yuan-denominated bonds in London, which attracted bids for more than 30bn yuan (£3.06bn; $4.7bn).
The yuan-denominated bonds are believed to be the first ever to be issued outside of China and Hong Kong. It is seen as a major boost for London as an international financial centre and the main western trading hub for the yuan.
Investors bought 5bn yuan-denominated one-year bills on Tuesday. The bonds were six times oversubscribed, which pushed the final yield to 3.1% from a marketed rate of 3.3%. Following the resounding success of the auction, China's finance ministry is expected to launch a second longer dated yuan-denominated bond issue.
Spencer Lake, the global head of capital financing at HSBC, one of the banks that arranged the sale, described the bond issue as a milestone in the internationalisation of the yuan. "This strategic move demonstrates the clear commitment by the Chinese authorities to grow the offshore bond market and the confidence in the City of London as a leading renminbi hub for future activities," he said.
"The PBoC bond will give a genuine boost to liquidity, market confidence and provide investors with the quality that they demand," Lake said. The UK and China have also implemented initiatives to link their financial markets, including formally connecting the London and Shanghai stock markets.
Tommy Xie, a Singapore-based economist at the Oversea-Chinese Banking Corp said: "This is another important step in yuan internationalisation, which could help increase chances to win reserve status. For London, by playing an essential role in the process, the city enhances its role as the world's currency trading centre." Analysts said that London is extending its lead over both Paris and Frankfurt in the race to be Europe's yuan hub.
Shen Jianguang, chief Asia economist at Mizuho Securities said last week: "A highlight of China-UK economic relations is London's potential role as a top offshore renminbi centre in Europe. This will further strengthen London's position as a predominant global financial centre. London's support is also critical to encourage more trade and investment to be settled in renminbi and for more financial products to be issued in the currency."
Industrial and Commercial Bank of China, and HSBC were the joint global co-ordinators for the sale. ABC, Bank of China, Bank of Communications, China Construction Bank and Standard Chartered were the joint bookrunners and lead managers.
CME signs tie-up with China Construction Bank
Separately, the Chicago Mercantile Exchange announced a tie-up with China Construction Bank that will allow CME to become London's first trading platform to offer offshore renminbi futures. This will allow financiers to hedge and trade on anticipated movements in the Chinese currency. Previously, this facility was only offered via Hong Kong.
"The ability to transact during London hours is of paramount importance to those institutions who value flexibility in managing their positions in markets where prices can move sharply in short periods of time," said William Knottenbelt, head of international at CME. CCB received Beijing's approval last year to open Europe's first clearing bank for the yuan in London. Bank of China's branches in Frankfurt and Paris got the green light shortly after.
tman23 Article quote: “...objections issued by the political blocs on the Prime Minister resolutions Atakzha including those related to ladder the new salary...”
EVERYONE is mad as h*ll over their salaries being cut...Not the reforms they were expecting.
But now if you take Massoum who was at $77,000 per month and now is at $8,000 per month...He is making 96k a year now...But if they drop the zeros and revalue with a rate of est $2.66 he would make about $220,000 usd per year...or 96,000 dinar.
Same goes for the low wage earner of 450k IQD at $2.66 it would put them at around $1,200 per month.
The new salaries will begin next month (November). They are coming with a rate...IMO.
Landa Global CC today:
Landa Global has been hosting a dial-in conference to inform holders of assets and intermediaries of the current status of the historic bond processes, and general information in respect of procedures.
In addition, Landa and Humanus host Guest Speakers that offer a glimpse into the various Project sectors Humanus is actively supporting, as well as funding.
To access the weekly conference, please observe the following information:
Date: Each Wednesday
Time: 4:00 p.m. CST (USA)
Conference Number: 641-715-3580
Access Code: 484-959#
International: See international call numbers below. Access code is the same as above.