BELIEF VERSUS LOGIC VERSUS REALITY VERSUS COMMON BUSINESS SENSE!!!
Posted by EXOGEN on December 22, 2014 at 12:10am
1. DO YOU REALLY BELIEVE IRAQ JUST PAID MEMBERS OF THE ARMY WHO HAVE NOT BEEN PAID IN MONTHS $900,000 IN IQD, AT THE 1166 PROGRAM RATE?
2. HAVE YOU DONE THE MATH ON WHAT $900,000 IQD IS AT THE 1166 PROGRAM RATE?
3. DO YOU REALLY BELIEVE THE ARTICLES SAYING IRAQ MAY NEED TO BORROW MONEY FROM THE WORLD BANK AND THEY CAN NOT DO A BUDGET BECAUSE OF LOW OIL PRICES?
4. DO YOU REALLY BELIEVE THE STORYLINE THAT THE IRAQ HOUSE OF REPRESENTATIVES IS GOING ON VACATION UNTIL JANUARY 7, 2015 , AND THEY WILL ONLY COME BACK IF THE BUDGET IS APPROVED?
5. ARE YOU REALLY FALLING FOR THE STORY THAT KUWAIT JUST SAID "HEY BUDDY" PAY US BILLIONS, IF NOT TRILLIONS LATER WE TRUST YOU?
6. HOW DO YOU REALLY THINK WELLS FARGO JUST BECAME THE MOST VALUABLE BANK IN THE HISTORY OF THE UNITED STATES AND THE WORLD?
7. DO YOU REALLY THINK SMART CARD TECHNOLOGY CAN NOT PAY DIFFERENT RATES ON CARDS?
8. DO YOU REALLY THINK THAT USA BANKS CAN ONLY START EXCHANGES ONCE THE CBI RELEASES A RATE?
9. WHY DO YOU THINK THERE IS A POSSIBILITY THAT THE RATES MAY GO LIVE AT USA BANKS FIRST, WITHOUT SHOWING ON THE FOREX OR THE CBI WEBSITE, OR WITH CURRENCY DEALERS?
Aloha Leslie > EXOGEN December 22, 2014 at 1:09am I think more and more folks are waking up to the reality of political deception, disinformation/misinformation, lack of transparency, and massive manipulation perpetrated by the mysterious "cabal" whoever they are. Will any of us really ever know the entire truth? I doubt it. Thanks EXO for bringing so much great information to our attention, which in turn generates incredibly thought-provoking conversations amongst your members. If people are still asleep after all that...Wow! is all I can say... Blessings to you and your crew... :)))
dinardiva Answer no rules to this games................ and more lies and sneaking around us just to delay this from R V ing
Dr. Mark Has the CBI announced a rate change?
Is Iraq still under pressure internally and from their leadership and religious clerics asking to get the budget done?
Has the need for cash and working capital in Iraq changed in the last 72 hours?
Then nothing has happened and we await the official announcement that there have been a revaluation of currency in the sovereign country of Iraq.
Focus on facts as presented by the country we are researching, watching, and observing....nothing else!
Just my approach.........
omolara > It sounds like they are.already international and been that way for a while Maybe its a conspiracy between the USA the banks and the GOI JMO
Thunderheart > omolara Yep, their currency is live in the shadows and they're doing everything they need to do without it being public
A source in the prime minister: Shabibi will return to his central bank governor
Posted by BaNDiTo.RoX on December 22, 2014 at 7:49am 22/12/2014
BAGHDAD / JD / .. An official in the Prime Minister's source, the intention of the prime minister Haider al-Abadi return of former central bank governor Sinan al-Shabibi to office after the issuance of the court acquitted.
The source, who preferred not to be named, told / BD /: "The day Monday, 22.12.2014 date the trial of former Central Bank Governor Sinan al-Shabibi for the acquittal of the charges against him by the previous government under the pretext of wasting public money."
He added: "The prime minister Haider al-Abadi waved the return of the conservative story office Kmhafeza the central bank in the event of an acquittal from the court, the fact is Shabibi figure of great economic mentality."
She had announced the Integrity Committee in the House of Representatives of the previous session that sack Shabibi been through it, that the competent court of inquiry to consider the fairness issues negated the charges to the Governor of the Central Bank of the article Shabibi, describing him out of office, "targeted personally" for failing to grant money to Prime Minister Nuri Maliki and his son Ahmed, where the investigation has shown that he does not court entered the central bank and former boss Shabibi process waste money mentioned by the investigative committee formed by the House of Representatives, not even the BSA "Report ./ ended / 8
TOT > BaNDiTo.RoX Amazing Mountain Goat said this would happen before the rv months ago.
robert > BaNDiTo.RoX getting there exactly the news we wanted ,shabibi will be back at the helm to bring this baby home imo.Thanks bandito
BaNDiTo.RoX > robert This is awesome news IMO... Now bring home the RV Dr. Shabibi!!!
robert > BaNDiTo.RoX this was the news i have been waiting for this whole plan has been ochrestrated to a tee.... rv by the 1/1/2015 ,shabibi will push the button.
EXOGEN December 22, 2014 at 8:38am
China Offers Russia Help With Currency Swap Suggestion
Posted by shaman on December 22, 2014 at 8:16am
By Bloomberg News Dec 22, 2014 4:51 AM ET
Two Chinese ministers offered support for Russia as President Vladimir Putin seeks to shore up the ruble without depleting foreign-exchange reserves.
China will provide help if needed and is confident Russia can overcome its economic difficulties, Foreign Minister Wang Yi was cited as saying in Bangkok in a Dec. 20 report by Hong Kong-based Phoenix TV. Commerce Minister Gao Hucheng said expanding a currency swap between the two nations and making increased use of yuan for bilateral trade would have the greatest impact in aiding Russia, according to the broadcaster.
While the offer won’t relieve the main sources of pressure on the ruble -- capital outflow tied to plunging oil prices and sanctions linked to Russia’s annexation of Crimea from Ukraine - - the currency gained 3.1 percent against the dollar by 12:37 p.m. in Moscow. The Micex Index (INDEXCF) was little changed, and the yield on Russia’s 10-year bond fell 30 basis points to 13.3 percent, according to data compiled by Bloomberg.
“In the current conditions, any help is very welcome,” Vladimir Miklashevsky, a strategist at Danske Bank A/S, said by e-mail. “Yet, it can’t substitute the losses of the Russian banking system and economy from western sanctions.”
Russia, the biggest energy exporter, saw its currency tumble as much as 59 percent this year. Putin asked business leaders last week to report on plans to sell foreign currency revenues and to engage in responsible foreign exchange operations, Vedomosti newspaper reported today. Former Economy Minister Alexei Kudrin said Russia was entering a full-fledged economic crisis.
A Chinese Commerce Ministry news official, who asked not to be named as part of the rules, said his department declined to comment on the Phoenix TV report, and a faxed question to the Chinese central bank went unanswered. President Xi Jinping last month called for China to adopt “big-country diplomacy” as he laid out goals for elevating his nation’s status as the world’s second-largest economy.
“Many Chinese people still view Russia as the big brother, and the two countries are strategically important to each other,” said Jin Canrong, Associate Dean of the School of International Studies at Renmin University in Beijing, referring to the Soviet Union’s backing of Communist China in its first years. “For the sake of national interests, China should deepen cooperation with Russia when such cooperation is in need.”
China and Russia signed a three-year currency-swap line of 150 billion yuan ($24 billion) in October, an agreement that can be expanded with the consent of both parties. The People’s Bank of China published a chart detailing how such an agreement works in a microblog dated Dec. 19 and the official People’s Daily newspaper said today that the explanation was provided to address concerns the nation could suffer losses if Russia used the facility to obtain funds.
“As all we pay out and receive in return are renminbi, we don’t have to bear exchange-rate risks,” the PBOC said in the microblog, using an alternative name for the yuan. The swap amount can be adjusted to allow for changing circumstances and prevailing exchange rates, rather than pre-determined, are used, it said.
China is promoting the yuan as an alternative to the dollar for global trade and finance and the PBOC has signed currency-swap agreements with 28 other central banks to encourage this. The nation’s foreign-exchange reserves of $3.89 trillion are the world’s largest and compare with Russia’s $374 billion.
“Russia is an irreplaceable strategic partner on the international stage,” according to an editorial today in the Global Times, a Beijing-based daily affiliated with the Communist Party. “China must take a proactive attitude in helping Russia walk out of the current crisis.”
Still, “China’s help for Russia will be limited,” the editorial said. While China can offer capital, technical and market support, it can’t address Russia’s economic structure and excessive reliance on energy exports, the editorial said.
China signed a three-decade, $400 billion deal to buy Russian gas earlier this year. Oil imports from Russia hit an all-time high in November, according to China’s General Administration of Customs.
Russia isn’t in talks with China about any financial aid, said Dmitry Peskov, a spokesman for President Putin, on Dec. 20.
Russia wouldn’t be the first country in financial strife to turn to China for support this year. Argentina’s central bank utilized a cross-currency swap with the PBOC to stem a slide in the peso, which dropped 24 percent against the greenback this year as the government defaulted on dollar bonds. The peso has weakened 0.3 percent this month following a similar decline in November.
A similar move by Russia could help stabilize the ruble, according to Jan Dehn, the London-based head of research at Ashmore Group Plc, which manages about $70 billion in emerging-market assets. It would also bolster Chinese efforts to make the yuan a global reserve currency, he wrote in a Dec. 18 report.
Gonna retire > EXOGEN Russia can win at this game.
EXOGEN > Gonna retire December 22, 2014 at 8:52am
IF YOU SAW WHAT RUSSIA DID YESTERDAY IT WAS PRETTY MAJOR
THE REASON RUSSIA IS UNDER ATTACK IS BECAUSE THEY ARE NOT PLAY THE CABAL AND MILITARY INDUSTRIAL COMPLEX GAMES CORRECTLY.
BUT THEN AT THE SAME TIME DO UNDERSTAND THIS IS ALL A SHOW.
WHY WOULD THE USA WASTE TIME GOING AGAINST RUSSIA KNOWING CHINA HAS RUSSIA COVERED
ITS ALL 1 BIG STAGED ACT FOR THE PEOPLE WHO FUND BOTH SIDES OF THE CURRENCY WARS AND OIL WARS TO INCREASE PROFITS
EXOGEN December 22, 2014 at 8:45am
THE OPEC AND PETRO DOLLAR MANIPULATION TO CRUSH THE ECONOMY OF RUSSIA IS NOW EXPOSED
1. FINANCIAL TERRORISM
2. ECONOMIC WARFARE
WHICH COUNTRY CREATED THE PETRO DOLLAR IN CONJUNCTION WITH THE USA.......................
Ron Burgundy > EXOGEN December 22, 2014 at 8:56am
Well if the currency war is raging, then don't count on a GCR anytime soon (short of a total systemic failure).
For the GCR to be effectuated in a format that facilitates a smooth transition, one would need economic cooperation, not economic war.
EXOGEN > Ron Burgundy December 22, 2014 at 9:00am THIS IS WHERE THE STORYLINE GETS EVEN MORE INTERESTING...............THE CURRENCY WARS AND OIL WARS HAVE ABSOLUTELY ZERO TO DO WITH WHEN THE LEAD BANK SAYS :LET'S GO" AND ALL OF THE OTHER BANKS DO THE SAME. KEEP IN MIND THE LEAD BANK WILL GET PAID HUGE DOLLARS FROM EVERY OTHER BANK EXCHANGING. LIKE A COMMISSION OVERRIDE OR FRANCHISE FEE.......................
Sqwatchy December 22, 2014 at 9:04am DONT UNDER ESTIMATE THE MAN BEHIND THE CURTAIN. NEXT MOVE IS PUTIN: WHEN THE BEAR COMES RUNNING FROM THE PROTECTION OF THE WOODED FORESTS, HE WILL HAVE THE DRAGON CIRCLING ABOVE TO PROTECT HIM IN THE OPEN WHILE HE IS EXPOSED.
THE NEXT MOVE......WILL BE ALL OVER MSM............NATO.....EU.........GAS VALVES CLOSED!!
FINANCIAL COLLAPSE OF THE EU BANKS....WESTERN PUPPETS. YOU SHOULD NOT TEASE BEARS WITH WHEAT AND HONEY.....YOU WILL BE SURPRISED...WHEN THEY EAT THE WHOLE HIVE.
IN OTHER ITEMS......SHABIBI..........WILL SOMEONE PLEASE GET THE METAL DOOR NAME PLATE FROM THE BACK ROOM.....THE CAPTIAN OF THE SHIP IS BACK,...AND HE HAS SOME NEW COORDINATES TO ENTER TO GET THIS SHIP BACK ON TRACK.....