Don't WAIT!

Thursday, June 4, 2015

Tidbits From Frank26 and KTFA Members Late Thursday Afternoon

KTFA:

Frank26:  
KIA 10K / the three busted are from one source so he could only serve 1 year/ I T says case silent due to pending ri/ DRS in uk with the B's/ talking

Blonkster: 
Among other things, it appears Frank is confirming the 10k DAASH killed in action; "3 busted, one source..." may have to do with a certain currency exchange bust (ANY NEWS REPORTS OF THIS ARE NOT SUPPOSED TO BE POSTED HERE, BTW) and how it will remain silent in the press due to the pending RI (that statement should make us dance!) and also that DRS is now in London meeting with ...Bankers.

Overall Frank's post indicates successful, forward movement of the MR.   All IMO.
....
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walkongstick:
  Greece delays 5 June IMF debt payment
1 hour ago

Greece has told the International Monetary Fund it will delay Friday's €300m (£216m) debt repayment and bundle all four of its June payments together.

The Athens government will have until 30 June to pay the €1.5bn total, which is also the day on which its bailout deal with the EU and IMF runs out.

Prime Minister Alexis Tsipras is trying to reach a deal to unlock final bailout funds before Greece runs out of money.

But Greece's creditors say differences remain between the two sides.

IMF spokesman Gerry Rice said that under a precedent dating back to the late 1970s, governments could ask to bundle together "multiple principal payments falling due in a calendar month... to address the administrative difficulty of making multiple payments in a short period."

The last country to bundle together payments to the IMF was Zambia in the mid-1980s.

Mr Tsipras said after talks in Brussels in the early hours of Thursday that an agreement with Greece's international creditors was "in sight".

However, the head of the eurozone's finance ministers Jeroen Dijsselbloem, who was involved in the negotiations, said later the gap was "still quite large".

High-level talks were expected to resume on Friday, although Mr Tsipras was due to brief the Greek parliament rather than return to Brussels.

'In sight'

Mr Tsipras rejected elements of proposals put forward by his country's international creditors in talks with Mr Dijsselbloem and European Commission chief Jean-Claude Juncker.

He said the sides were now "very close to an agreement" on the key sticking point of primary surpluses - the amount by which tax revenues exceed public spending.

But he said there were "points that no-one would consider as a base for discussion", citing cuts to pensions and a raise in sales tax for electricity.
Mr Dijsselbloem said the talks had been successful in narrowing down the remaining issues, although key differences still remained.

He expected Greece to "look at our proposals more carefully, probably come up with some alternative proposals that they want," Reuters quoted him as saying.

Greece debt talks - main sticking points
International creditors want pension cuts, slimmer civil service, VAT reform, fewer tax rebates and more private sector investment, reports say
Mr Tsipras rules out increased VAT on energy and reduced supplementary payments for poorer pensioners

Athens wants lower primary budget surplus targets, but both sides appear close to agreement. According to reports, creditors want a budget surplus of 1% of GDP this year and 2% next, while Greece has proposed 0.8% for 2015 and 1.5% for 2016

http://ift.tt/1BMyG9e

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Stand4Christ  » June 4th, 2015, 4:53 pm 

Greece Crisis: my 2 cents

======== Current Situation ========

Greece Unable To Make €300 Million IMF Payment, Requests "Bundling"

http://ift.tt/1JoDJnW

...IMO ...
----------------------------------------

Greece can't make the IMF payment on Fri June 5th, so they decided to bundle all the June payments (about €1.587B) and push them to the end of June.

Even as they can bundle all the June payments (about €1.587B), but Greece "cheated death" by pulling out €650M from the IMF emergency holding account to pay for their May IMF payment. That €650M is NOT part of IMF's June payment, and that needs to be paid off in 30 days ... that 30 days are up by next Thurs/Fri June 11th/12th; and the amount is €650M ... that's A LOT for Greece!

So, looks like an "accident" is still on its way!


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ZOCHOWSKI » June 4th, 2015, 4:55 pm  AFTERNOON "WS"

HOLY SMOKES!!!!!!!!!!!!

AM I THE ONLY ONE THAT SEEMS TO REALIZE WHAT THIS IN IMPLYING???????

THIS IS SIGNIFIGANT............HAS A "CRISIS" BEEN AVERTED?????

OR HAS GREECE FOLLOWED THE USA SENATE N HOUSE SCENERIOS???????? LMAO...

THANKS SIR, I BELIEVE THIS HAS MAJOR IMPLICATIONS ON HOW/WHERE WE NEED TO FOCUS..........

G/B M/Z


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Dnari131:  Wild Day Z...get a load of this:

Greece To Sign Gas Pipeline MOU with Russia
June 4, 2015 9:03 AM EDT in Contributor Opinions • Market Outlook

http://ift.tt/1ANipWt


via Dinar Recaps - Our Blog http://ift.tt/1QuLs2P

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