Post From Wealthwatch.world 7-12-15 Late Night Early Morning Chat
tipsyterror: I have thought that maybe if Iran has joined SWIFT, that means their currency is internationally tradeable?
tipsyterror: not that it has necessarily revalued.
chattels: Afghanistan says US strikes destroy its Islamic State branch By Associated Press
chattels: rudaw.net/english/middlee... http://rudaw.net/english/middleeast/110720152
TxBrand: www.youtube.com/watch Massive Underground City in Turkey
chattels: ‹@TxBrand› very interesting
Joyng: Link to Iran’s Day Bank joins SWIFT: www.presstv.ir/Detail/201...
TxBrand: ‹@chattels› I'm wondering how they could see ... smoke from a fire would have been deadly... they found an ancient battery in the middle east long time ago
TxBrand: www.youtube.com/watch more of the inside
captl1: Wonder what Iraq's real bank numbers are?
captl1: Wonder what Iraq's real bank numbers are?
chattels: ‹@captl1› what numbers are you speaking of ?
captl1: Their actual net worth
captl1: W d know they have at least two maybe three sets of books
TxBrand: Kish Island, Iran (Underground City) www.youtube.com/watch¬
captl1: I guess my point is with all the current banking articles out how can their true worth be affected with these proposed laws.
Donnie: Iran’s Day Bank joins SWIFT HomeIranEconomy Sat Jul 11, 2015 1:19PM
Donnie: Iran’s Day Bank announced on Saturday that it has officially joined the Society for Worldwide Interbank Financial Telecommunication (SWIFT). This was announced at an official ceremony held at Day Bank headquarters in Tehran. Ahmad Shafizadeh, the governor of the bank, said at the ceremony that joining SWIFT in face of sanctions that prohibit financial transactions with Iran has been the result of a lengthy campaign.
Donnie: MY LADIES: NOW LOOK HERE IRAN HAS BEEN MEETING OFFICIALLY AND UNOFFICIALLY WITH SWIFT SINCE APRIL NOW WITH NO FAN FARE OR BLOOMBERG OR REUTERS OR FOX NEWS -
THEY HAD AN OFFICIAL OPENING CEREMONY WITH THE WORLDS LARGEST PAYMENT SETTLEMENT SYSTEM NO FAN FARE NO NOTHING
THEY JUST TURNED ON THE SWITCH WHILE THE REST OF THE WORLD IS WATCHING THE NUCLEAR DEALS TALK ABOUT STALLS.
NOW I'M GOING TO TELL YOU THIS RIGHT NOW, THIS IS EXACTLY HOW IT WILL HAPPEN IN IRAQ, THEY WILL TURN ON THE SWITCH AND THEY WILL BE CONNECTED AND THAT WILL BE THAT.
MY LADIES: SO THIS CAN LITERALLY HAPPEN AT ANY TIME...ANY TIME....THIS IS DONE NOW...DONE DONE DONE AND THEY ARE NOT TELLING US...I HAD TO GO TO TEHRAN TO FIND IT.
Donnie: ‹@Joyng› sorry - i see you beat me to it!!
Donnie: TYVM for posting the Iran article
TxBrand: maybe some of the gurus are right maybe its already been turned on lol seriously.. I wouldn't doubt it
OOTW: YES GREAT TO SEE MORE IRAN INFO
OOTW: WHEN I WOULD VENTURE INTO DU'S CHAT ROOM, I DON'T KNOW IF ANY OF YOU RECALL ME TALKING ABOUT IRAN AND HOW IMPORTANT THE CONNECTION IS IMHO?
OOTW: IN FACT, IDK WHY MORE PEOPLE DON'T TALK ABOUT THE CONNECTION
sczin11: Finance Announces ways to revive the Iraqi economy
[04:44:54 AM] sczin11: 08:51 07/12/2015 Parliamentary Finance Committee endorsed the issuance of a new currency of high denominations, pointing out that this process will contribute to the revitalization of the Iraqi economy and reduce dependence on foreign currency,
while stressed economist, said the central bank introduced a new currency a Saeb very help in raising the efficiency of the payments system and shorten the amount of exchange-traded .
Finance Committee member Jabbar Abdul Khaliq said, "that the" big issue currency category will reduce dependence on hard currencies in economic activities, "pointing out that" one of the solutions proposed by the central bank to reduce the differences between the dinar and the dollar started. "
He said Abdul Khaliq that "Iraq's reserves of foreign and local currency Iraq was able to issue new coins and large groups," noting that the recent meeting between the Finance Committee and the Governor of the Central Bank was on the oscillation winning Iraqi currency against the dollar and the main solutions adopted by the central bank in order to reduce the difference ".
And on the draft raise zeros from the currency, Abdul Khaliq pointed out that "the project could not be implemented at this time because of the economic, political and security situation that prevailed in the country," noting that "the proposed thoughtful but is waiting execution time and the central bank is determined that".
While Counting Finance Committee member Sarhan Sylvana central bank's decision to issue the 50 Alpha class end of the year, as the recovery of the Iraqi economy.
sczin11: He explained Sylvana, a press statement, that "the issuance of a new class of Iraqi currency requires the presence of the assigned from the central bank reserves of foreign currency,"
stressing that the central bank reserves at the moment, according to what the Governor of the Bank on the Keywords, enough for the issuance of class 50 000 dinars ".
On a related matter, said economist Majid picture: that a central bank currency issue of class 50 thousand dinars and 100 thousand dinars a very true and does not harm the economy of the picture Alsoq.ooodh" morning ",
that" this measure as regards the payments system help raise the efficiency of the payments system and shorten the amount of cash in circulation, "asserting that" the issuance of a large currency denominations will not lead to any inflation in the market. "
Suri said, "The government is asking large sums and instead be a small payment currency will be the big currencies," noting that the move does not mean increasing the trading currency, but the process of replacing banknotes and other papers. "
sczin11: GOOD MORNING EVERYBODY...THERE SEEMS TO B TECHNICAL ISSUES WITH THE FORUM...IT WILL BE CORRECTED ASAP
chattels: ERBIL, Kurdistan Region — Iraq’s Hashd al-Shaabi Shiite militias are claiming the group killed 1,000 ISIS militants in June, and recently repulsed 40 of the extremists at the Baiji oil refinery. According to Brigadier General Ashem Al-Jabouri of Salahadin’s Hashd al-Shaabi in a press statement, “Security forces progress well in Baiji and the joint forces fought a fierce battle in the north and south areas of Baiji, causing the death of 40 ISIS elements in the Sada district near the Baiji refinery.”
chattels: ERBIL, Kurdistan Region — Peshmerga forces launched a blistering attack on the Islamic State near Mount Sinjar and reportedly killed 30 militants of the group, according to a Kurdish military source Sunday.
Major General Hashem Sitayi, the Peshmerga commander in Sinjar, told Rudaw that following an intense fight on Sunday morning Peshmerga forces retook Gabara village to the west of Sinjar City. He added that the Peshmerga destroyed four ISIS military vehicles and 30 ISIS corpses were strewn over the ground.
chattels: small volume currency auction today
chattels: Currency Auctions Announcement No. (2994) The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 12/7/2015 and the results were as follows:
DETAILS NOTES Number of banks 18 Number of remittance companies 2 Auction price selling dinar / US$ 1166 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 76,875,000
Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 76,875,000 Total offers for selling (US$) -----
sczin11: ‹@chattels› NO SATURDAY AUCTION FIGURES ON MAIN PAGE, HOWEVER, SATURDAY AUCTIONS LISTED ON PDF MARKET RATE PAGE
sczin11: 209,752 LISTED FOR SAT JULY 11
chattels: ‹@sczin11› what do you make of the " 0 Cash Entries " over the past two days ?
chattels: ‹@sczin11› Never seen that before
chattels: there was one such entry in January of this year
sczin11: ‹@chattels› NO CLUE...LOST ON ALL THE LITTLE NOTES IN THE PDF
sczin11: CONSIDERING THE ADVANCEMENTS WE HAVE BEEN TOLD AS FAR AS TECHNOLOGY IN THE BANKING SYSTEM, ONE WOULD THINK THESE DATA REPORTS WOULD BE MUCH MORE PROFESSIONAL IN DESIGN
SWSD: re-auction results above...isn't that one of the lower amounts we have seen? Isn't it usually in the 100s of millions?
chattels: I am amused by the gurus who proclaim that the solution for Iraq is for it to simply and unilaterally declare a value of " x " dollars to their currency
SWSD: like the poopster?
chattels: value requires an acceptance by others, IMO
chattels: ‹@SWSD› the volume has been 200 million plus of late
SWSD: but today it said 78 mil didn'tit?
SWSD: or thereabouts
SWSD: I remember some saying that when the auctions get low, that is a good thing, I don't know why, they just said it
chattels: except last Sunday and then today, a Sunday
SWSD: oh yea, i keep forgetting it's sunday lol
SWSD: my mind/body is off today
chattels: ‹@SWSD› :)
NUMBERS: WHY CANT I OPEN AND READ NEW POSTS? IS THERE A PROBLEM??
chattels: ‹@NUMBERS› sczin11: GOOD MORNING EVERYBODY...THERE SEEMS TO B TECHNICAL ISSUES WITH THE FORUM...IT WILL BE CORRECTED ASAP
chattels: ‹@NUMBERS› that is all that i have been told
chattels: ‹@NUMBERS› my pleasure
NUMBERS: THIS IS THE BEST SITE I HAVE FOUND SINCE DEC OF 2010
NUMBERS: NO BS HERE LOL
chattels: ‹@NUMBERS› we are small in numbers and it is not an " RV everyday " place, but many like it that way
NUMBERS: WE ALL HAVE TIME
NUMBERS: YEP I WOULD REATHER HEAR THE TRUTH MORE THAN ANYTHING
chattels: we all struggle to identify the truth, but there is an effort to state all the news with a realistic perspective
NUMBERS: WELL TIME TO GET TO WORK WHILE I CAN GET STUFF DONE..CLOSED TODAY NO PHONE OR CUSTOMERS
chattels: we ask for " links " so that all can read and decide for themselves
Doug_W: have fun Numbers
NUMBERS: I AGREE WITH YOU AND THAT IS WHAT YOU GREAT PEOPLE DO
chattels: ‹@NUMBERS› laterz
NUMBERS: OH YEA REAL FUN LOL
chattels: many things can be true / factual about something, but what is the significance of that fact upon the larger concern