Thanks My Ladies for letting us share from your private chatroom
Late Wednesday Night:
IQD NOVA: I UNDERSTAND WE DONT NEED TO USE "IMO" BUT IT IS IMPORTANT TO ME THAT I ALWAYS SEPARATE FACT FROM OPINION!!!
THIS DEAL WITH GREECE IS ONLY MAKING THE CRASH WORSE FOR EVERY ONE!!!!
BECAUSE THE FACT IS THE CRASH IS COMING FOR BOTH GREECE AND THE EU!!
MVL: Until just recently, I've not been aware of just how big an emerging market Iran has the potential to be... http://www.abc.net.au/news/2015-07-16/kohler-iran-nuclear-deal-is-the-big-news-for-the-global-economy/6623906
IQD NOVA: ON WHAT SIDE OF THIS EVENT IS EVERYONE IN THIS ROOM ON?
ARE WE ON THE DEBT SIDE OR THE EQUITY SIDE?
AND WHAT HAVE WE ALL BEEN WAITING FOR? (and not the so called rv)
WE ALL ARE ON THE EQUITY SIDE. THAT'S WHERE OUR MONEY IS!!
AND THAT IS PLAYING OUT EXACTLY AS WE HAVE PREDICTED THUS FAR!!
WE ALL KNOWINGLY OR NOT HAVE BEEN WAITING FOR THIS EVENT TO JUST START!!!! AND MAN HAS IT STARTED!!!!!!
WE HAVE THE OPPORTUNITY TO JUST WATCH THE DEBT SIDE PLAY OUT BECAUSE WATCHING COST US NOTHING.
WE HAVE NO MONEY TIED UP IN HOW THE DOMINOS FALL!!
WE KNOW THEY ARE FALLING SO LETS JUST RELAX AND LEARN TOGETHER!!!
MY LADIES: SOUNDS GOOD TO ME...LET'S NOT TRY TO FIGURE IT OUT ANYMORE...LET'S ALL JUST SIT BACK AND PASS THE POPCORN...THANKS...GREAT WAY TO LOOK AT THIS...
MY LADIES: GOOD MORNING EVERYONE AND NOVA
PrincessDD: Brussels prepares to release emergency loan to get Greece through July http://www.telegraph.co.uk/finance/economics/11743163/Greece-news-live-Brussels-prepares-to-release-emergency-loan-to-get-Greece-through-July.html
Greece leaves eurozone with mountains to climb http://www.ft.com/intl/cms/s/0/b28de122-2aeb-11e5-8613-e7aedbb7bdb7.html#axzz3g3F8NOLy
Greece braces for political shakeup after austerity vote https://www.washingtonpost.com/world/greece-approves-divisive-austerity-for-bailout-but-political-shakeup-awaits/2015/07/16/0e4f7de2-2b21-11e5-960f-22c4ba982ed4_story.html
E.C.B. Weighs Whether to Throw Greek Banks a Lifeline http://www.nytimes.com/2015/07/17/business/international/european-central-bank-meeting-greece.html
Parliament approves austerity: Rescued Greece and euro will live for now to die another day http://www.firstpost.com/world/parliament-approves-austerity-rescued-greece-euro-will-live-for-now-to-die-another-day-2340852.html
Greece Accepts Austerity for Bailout: What Next? http://www.nbcnews.com/news/world/violent-protests-greece-accepts-austerity-bailout-what-next-n393021
Greece seeks immediate bailout relief after voting through austerity package http://www.irishexaminer.com/breakingnews/world/greece-seeks-immediate-bailout-relief-after-voting-through-austerity-package-686780.html
Austerity vote paves way for massive Greek bailout http://www.irishexaminer.com/breakingnews/world/austerity-vote-paves-way-for-massive-greek-bailout-686701.html
Why China’s stock market bubble was always bound to burst http://www.theguardian.com/world/2015/jul/16/why-chinas-stock-market-bubble-was-always-bound-burst
China treasury bond futures close higher Thursday http://www.globalpost.com/article/6616737/2015/07/16/china-treasury-bond-futures-close-higher-thursday
IMF Urges Germany to Ramp Up Investment….Berlin called on to invest more in public infrastructure to boost its growth prospects http://www.wsj.com/articles/imf-urges-germany-to-ramp-up-investment-1436968888
Not Just Oil: Iran, Russia Have 'Great Potential' for Cooperation….Read more: http://sputniknews.com/politics/20150715/1024672390.html#ixzz3g3QQ9z7J
PrincessDD: Mary is there anything in particular you want me to look for this morning? I have so far looked into Iran, Russia, China, Saudi Arabia and of course Greece. I have posted anything that looked relevant. Also I have checked BRICS & AIIB and posted anything on those as well. Is anything else we should look at today?
So no big news except for Greece taking bailout so far this morning.
MY LADIES: OH I KNOW...THINGS ARE A BIT QUIET RIGHT NOW
JP: I don't expect that to continue due to fireworks and celebrates in EU and Iran. (cool)
MY LADIES: BUSINESS WITH IRAN, LARGEST EMERGING MARKET EVER, IT JUST NEEDS TO MOVE THE WHOLE MIDDLE EAST WITH IT..
Russia negotiating supply of ‘Sukhoi Superjet’ to Iran
Tehran, July 16, IRNA – Transport Minister of the Russian Federation Maxim Sokolov said that Russia and Iran are negotiating the supply of Russian passenger planes Sukhoi Superjet 100 to Iran.
Not just oil: Iran, Russia Have 'great potential' for cooperation
Tehran, July 16, IRNA – Despite both being major suppliers of energy resources, Russia and Iran have great potential for cooperation, Iran's ambassador to Russia Mehdi Sanai told Rossiya-24 TV channel Wednesday.
China may rise as major exporter of Iranian oil after nuke deal
Tehran, July 16, IRNA – At first sight it may seem like the Iranian nuclear deal has no impact on Chinese economy, but Beijing has hailed the agreements reached in Vienna on July 14.
Iran to resume carpet exports to US when sanctions removed
Tehran, July 16, IRNA – Head of the Iranian National Carpet Center says the country has plans to resume carpet exports to the United States once sanctions imposed on Tehran over its civilian nuclear program are removed
Good tidings: Iran deal brightens IP gas pipeline prospects http://www.irna.ir/en/News/81685772/
Tehran, July 16, IRNA – Pakistan has welcomed the landmark nuclear deal signed between Iran and global powers in a move that Islamabad hopes will help remove Western sanctions against doing business with Tehran, the biggest obstacle hindering the completion of the multibillion-dollar Iran-Pakistan gas pipeline project.
Nuclear deal to lead to further Iran-India exchange: Indian official
New Delhi, July 16, IRNA -- Director General and CEO at Federation of Indian Exports Organization Ajay Sahai said here Thursday that Vienna nuclear deal will provide ground for further trade exchanges between Iran and India.
Spain looking for business opportunities in Iran in post-sanction era
Madrid, July 16, IRNA – Spanish Minister of Foreign Affairs and Cooperation, José García-Margallo y Marfil, is to visit Iran as Madrid is looking for business opportunities in the country following the accord reached with the G5+1.
South Korean enterprises invited to enter business in Iran
Beijing, July 16, IRNA – Iran's Ambassador to Seoul Hassan Taherian has invited South Korean entrepreneurs to invest in Iran.
South Africa primes for reviving Iran ties
-South Africa has welcomed Tuesday’s conclusion of nuclear talks with Iran, saying it wanted to resume trade with the Middle Eastern country as soon as possible.
Report: US firms in talks for Iran trade http://www.presstv.ir/Detail/2015/07/16/420512/iran-us-trade-apple-ge-boeing-sanctions
US corporations such as Boeing and General Electric and tech giant Apple are studying potential entry into the Iranian market or expansion of their existing operations, American media report.
Vienna to host Iran-EU investment conference
Iran and the European Union will hold an international conference in Vienna on July 23-24 to discuss post-sanction opportunities for cooperation.
MY LADIES: SOOOO MANY OPPORTUNITIES FOR EVERYONE WITH IRAN..
NOVA HOW LONG YOU THINK IT WILL TAKE FOR YOU TO LEARN FARSI???
IQD NOVA: NOT LONG BECAUSE I WILL HIRE SOMEONE TO WALK AROUND WITH ME 24/7
MY LADIES: THE GREEK WHEELS GO ROUND AND ROUND, YOU SEE THIS IS WHY I COULD NEVER BE IN POLITICS...BY NOW THERE WOULD BE LONG TRAIL OF BLOODY EUROPEAN BODIES IF I HAD TO MANAGE THIS GREECE DEAL...LOL...
THIS IS LIKE SOME NEW KIND OF SLOW TORTURE...
ECB to delay Greek funding boost as Europe mulls bridge loan http://www.investing.com/news/economy-news/ecb-to-weigh-funding-boost-for-greece-351484
The bank had been ready to increase Emergency Liquidity Assistance (ELA) after Athens approved the bailout deal but it first needs to ensure that Greece has the temporary financing to repay a 3.5 billion euro plus interest payment due to the ECB on Monday.
Comments from Greek Prime Minister Alexis Tsipras that he was forced to accept the deal also raised concern at the ECB, one source familiar with the discussion said, as it suggested that Athens may not be serious about carrying out its end of the deal.
A temporary 7 billion euro ($7.64 billion) loan has already been agreed in principle but technical details will take until Friday to iron out, indicating that the ECB's governing council may have to reconvene in a telephone conference.
German Finance Minister Wolfgang Schaeuble has said a temporary exit from the euro is still an option for Greece
The IMF said Greece may need a 30-year grace period on servicing all its European debt, including new loans, and a dramatic maturity extension.
MY LADIES: NO ONE KNOWS WHAT THEIR DOING...THEY'RE JUST MAKING CRAP UP AS THEY GO ALONG NOW....LOL...LOL...
Greece licks wounds after bailout vote, ECB move expected http://www.investing.com/news/economy-news/greece-licks-wounds-after-bailout-vote,-ecb-move-expected-351491
European finance ministers were to hold a conference call on Thursday morning to agree on a plan for 7 billion euros in bridging funds to enable Greece to meet its immediate debt service needs and avoid defaulting on the ECB next Monday.
All 28 EU countries are expected to contribute, despite the reluctance of non-euro members such as Britain and the Czech Republic, after a compromise was found to use euro zone funds to guarantee their ring-fenced contributions.
But 32 out of his radical left Syriza's 149 lawmakers voted against the plan, six effectively abstained and one was absent, leaving the government without a majority of its own supporters.
"Tsipras continues wounded, until further notice," the front page of left-leaning Efimerida Ton Syntakton said. "Governments fall when they lose the support of the people, he says."
Tsipras told lawmakers he had accepted a package he did not believe in and which would harm Greece, but the only alternative was a disorderly bankruptcy that would be more catastrophic.
"I acknowledge the fiscal measures are harsh, that they won't benefit the Greek economy, but I'm forced to accept them," he said before the vote in the early hours of Thursday.
German Finance Minister Wolfgang Schaeuble, one of the toughest critics of Greece in the euro zone, said on German radio he still believed Athens would do better to leave the currency area temporarily to receive a debt writedown.
MY LADIES: WOW!! PASS THE POP CORN PLEASE!
MY LADIES: 3 things to watch this morning
1. Greek parliament passes austerity vote
Greece's parliament approved harsh austerity measures demanded by the country’s creditors two hours after the imposed deadline early Thursday morning local time, clearing the way for negotiations on a third bailout package to begin.
2. European Central Bank meets in Frankfurt
The ECB's latest interest rate decision is due at 12:45PM London time, or 7:45AM New York time. No policy change is expected, with most of the focus likely to be on President Mario Draghi's press conference at 1:30PM in London, or 8:30AM Eastern Time.
3. Fed Chair Janet Yellen to address the Senate Banking Committee
Federal Reserve Chair Janet Yellen is scheduled to address the Senate Banking Committee on Thursday morning as she wraps up her two-day semi-annual Congressional testimony.
In prepared remarks released before her testimony to the House Financial Services committee on Wednesday, Yellen reiterated that the central bank was on track to raise interest rates by the end of the year if the economy continues to evolve as expected.