TNT:
rrrr : Happy Birthday America. The Best Country of all. With our Blessing upon us, what a time to stand tall. So many things being finalized, way across the seas. They are dotting the i’s and crossing the t’s. So as we stand on the eve of our financial objective, let us take just a moment to put things in perspective. From the Mountains to the Prairies, to the Oceans White with Foam. God Bless America, Our Home,,,,,, Sweet,,,,,, Home.
Blackjack7: Hope everybody has a fun and safe 4th of July and may we see the real fireworks tomorrow GO RV!!!
Beach Cindy: , after World War II forgave Germany's debt by lowering the principal and interest rates and extending the payment period, the same deal Greece is asking for from Germany and the IMF but which has been refused ...
The Guardian, Britons' newspaper just reported that the Greek people refused austeity which has caused such poverty
interesting how many economists, including several Nobel Peace Prize winners plus John Perkins who wrote "Confessions of an Econnomic Hitman" had lamblasted that austerity program being imposed on Greece .... now: how will this affect the RV????
....
rrrr : Happy Birthday America. The Best Country of all. With our Blessing upon us, what a time to stand tall. So many things being finalized, way across the seas. They are dotting the i’s and crossing the t’s. So as we stand on the eve of our financial objective, let us take just a moment to put things in perspective. From the Mountains to the Prairies, to the Oceans White with Foam. God Bless America, Our Home,,,,,, Sweet,,,,,, Home.
Blackjack7: Hope everybody has a fun and safe 4th of July and may we see the real fireworks tomorrow GO RV!!!
Beach Cindy: , after World War II forgave Germany's debt by lowering the principal and interest rates and extending the payment period, the same deal Greece is asking for from Germany and the IMF but which has been refused ...
The Guardian, Britons' newspaper just reported that the Greek people refused austeity which has caused such poverty
interesting how many economists, including several Nobel Peace Prize winners plus John Perkins who wrote "Confessions of an Econnomic Hitman" had lamblasted that austerity program being imposed on Greece .... now: how will this affect the RV????
....
**
Stage3Alpha:
G T July 4, 2015 For Iran to Receive Their Gold Sanctions HAD TO HAVE BEEN LIFTED (Despite the SO CALLED "NEGOTIATIONS FINISHING NEXT WEEK")!!!
Iran Repatriates 13 Tons of Gold Under Sanctions Relief
Iran to receive $11.9 billion in sanctions relief as nuclear negotiations end
BY: Adam Kredo July 1, 2015 12:20 pm
VIENNA—Iranian officials said Monday that the Islamic Republic’s Central Bank has successfully repatriated 13 tons of gold as part of a package of sanctions relief provided to Iran by U.S. and Western powers.
The gold was transferred to Iran by the government of South Africa, which had been holding onto the assets due to harsh sanctions meant to pressure Tehran to rein in its rogue nuclear program.
The gold appears to have been released as part of a sanctions relief package that will have awarded Iran nearly $12 billion in unfrozen cash assets by the time negotiations wrap up next week.
Iran received $4.2 billion in unfrozen assets under the 2013 interim agreement with the United States and was then given another $2.8 billion by the Obama administration last year in a bid to keep Tehran committed to the talks.
The State Department calculates that Iran will have received a total of $11.9 billion in cash assets.
The governor of Iran’s Central Bank announced to the country’s state-controlled media that the South Africans have finally returned the 13 tons of gold.
“A sum of 13 tons of gold that had been purchased before and was deposited in South Africa in the past two years and could not be transferred to Iran due to the sanctions… was delivered to the Central Bank of Iran’s treasury last night,” Central Bank Governor Valiollah Seif was quoted as saying by the Fars News Agency.
Seif said Iranian officials had been working for some time to secure the gold’s release, but that the country was prevented from doing so as a result of the “illogical problems that were created under the pretext of the sanctions.”
“The removal of Iran’s sanctions and gaining access to the country’s financial and gold resources abroad is one of the main objectives of Iran’s negotiating team in the ongoing nuclear talks,” Fars reported.
Meanwhile, Iran’s ambassador to Paris this weekend stressed that his country’s main objective in the talks is to end international sanctions, which had nearly crippled Iran’s economy at their peak.
“Fortunately, the West has come to realize that the weapon of sanctions has not been effective and has been forced to change its approach and recognize Iran’s legitimate rights,” the official was quoted as saying on Tuesday.
Iran’s GDP has grown 3 percent in the last year, prompting experts to warn that ongoing sanctions still imposed on Tehran are not working.
“The report represents the latest sign of improvement in Iran’s economy in part as a result of the partial sanctions relief it received after signing an interim nuclear agreement in November 2013,” according to Iranian expert Saeed Ghasseminejad, an associate fellow at the Foundation for Defense of Democracies (FDD).
This rate of growth has enabled Iran to grow its oil sector and halve its rate of inflation.
“The erosion of the sanctions regime raise serious questions over Western countries’ leverage over Tehran in nuclear negotiations, and whether reaching an acceptable nuclear deal is even possible,” Ghasseminejad said.
http://ift.tt/1Nw7ulG
************
This Is Why The Euro Is Finished Submitted by Tyler Durden on 07/04/2015 09:34 -0400
Excerpts: The IMF Debt Sustainability Analysis report on Greece that came out this week has caused a big stir. We now know that the Fund’s analysts confirm what Syriza has been saying ever since they came to power 5 months ago: Greece needs debt relief, lots of it, and fast.
We also know that Europe tried to silence the report. But what’s most interesting is that this has been going on for months, as per Reuters. Ergo, the IMF has known about the -preliminary- analysis for months, and kept silent, while at the same time ‘negotiating’ with Greece on austerity and bailouts.
And if you dig a bit deeper still, there’s no avoiding the fact that the IMF hasn’t merely known this for months, it’s known it for years. The Greek Parliamentary Debt Committee reported three weeks ago that it has in its possession an IMF document from 2010! that confirms the Fund knew even at that point in time.
That is to say, it already knew back then that the bailout executed in 2010 would push Greece even further into debt. Which is the exact opposite of what the bailout was supposed to do.
The 2010 bailout was the one that allowed private French, Dutch and German banks to transfer their liabilities to the Greek public sector, and indirectly to the entire eurozone‘s public sector. There was no debt restructuring in that deal.
Reuters yesterday reported that “Publication of the draft Debt Sustainability Analysis laid bare a dispute between Brussels and [the IMF] that has been simmering behind closed doors for months.
But that’s not the whole story. Evidently, there was a major dispute inside the IMF as well. The decision to release the report was apparently taken without even a vote, because it was obvious the Fund’s board members wanted the release. The US played a substantial role in that decision. Why the timing? Hard to tell.
The big question that arises from this is: what has been Christine Lagarde’s role in this charade? If she has been instrumental is keeping the analysis under wraps, she has done the IMF a lot of reputational damage, and it’s getting hard to see how she could possibly stay on as IMF chief. She has seen to it that the Fund has lost an immense amount of trust in the world. And without trust, the IMF is useless.
And while we’re at it, ECB chief Mario Draghi, who is also a major Troika negotiator, made a huge mistake this week in -all but- shutting down the Greek banking system, a decision that remains hard to believe to this day. The function of a central bank is to make sure banks are liquid, not to consciously and willingly strangle them.
http://ift.tt/1erUph2
Stage3Alpha:
G T July 4, 2015 For Iran to Receive Their Gold Sanctions HAD TO HAVE BEEN LIFTED (Despite the SO CALLED "NEGOTIATIONS FINISHING NEXT WEEK")!!!
Iran Repatriates 13 Tons of Gold Under Sanctions Relief
Iran to receive $11.9 billion in sanctions relief as nuclear negotiations end
BY: Adam Kredo July 1, 2015 12:20 pm
VIENNA—Iranian officials said Monday that the Islamic Republic’s Central Bank has successfully repatriated 13 tons of gold as part of a package of sanctions relief provided to Iran by U.S. and Western powers.
The gold was transferred to Iran by the government of South Africa, which had been holding onto the assets due to harsh sanctions meant to pressure Tehran to rein in its rogue nuclear program.
The gold appears to have been released as part of a sanctions relief package that will have awarded Iran nearly $12 billion in unfrozen cash assets by the time negotiations wrap up next week.
Iran received $4.2 billion in unfrozen assets under the 2013 interim agreement with the United States and was then given another $2.8 billion by the Obama administration last year in a bid to keep Tehran committed to the talks.
The State Department calculates that Iran will have received a total of $11.9 billion in cash assets.
The governor of Iran’s Central Bank announced to the country’s state-controlled media that the South Africans have finally returned the 13 tons of gold.
“A sum of 13 tons of gold that had been purchased before and was deposited in South Africa in the past two years and could not be transferred to Iran due to the sanctions… was delivered to the Central Bank of Iran’s treasury last night,” Central Bank Governor Valiollah Seif was quoted as saying by the Fars News Agency.
Seif said Iranian officials had been working for some time to secure the gold’s release, but that the country was prevented from doing so as a result of the “illogical problems that were created under the pretext of the sanctions.”
“The removal of Iran’s sanctions and gaining access to the country’s financial and gold resources abroad is one of the main objectives of Iran’s negotiating team in the ongoing nuclear talks,” Fars reported.
Meanwhile, Iran’s ambassador to Paris this weekend stressed that his country’s main objective in the talks is to end international sanctions, which had nearly crippled Iran’s economy at their peak.
“Fortunately, the West has come to realize that the weapon of sanctions has not been effective and has been forced to change its approach and recognize Iran’s legitimate rights,” the official was quoted as saying on Tuesday.
Iran’s GDP has grown 3 percent in the last year, prompting experts to warn that ongoing sanctions still imposed on Tehran are not working.
“The report represents the latest sign of improvement in Iran’s economy in part as a result of the partial sanctions relief it received after signing an interim nuclear agreement in November 2013,” according to Iranian expert Saeed Ghasseminejad, an associate fellow at the Foundation for Defense of Democracies (FDD).
This rate of growth has enabled Iran to grow its oil sector and halve its rate of inflation.
“The erosion of the sanctions regime raise serious questions over Western countries’ leverage over Tehran in nuclear negotiations, and whether reaching an acceptable nuclear deal is even possible,” Ghasseminejad said.
http://ift.tt/1Nw7ulG
************
This Is Why The Euro Is Finished Submitted by Tyler Durden on 07/04/2015 09:34 -0400
Excerpts: The IMF Debt Sustainability Analysis report on Greece that came out this week has caused a big stir. We now know that the Fund’s analysts confirm what Syriza has been saying ever since they came to power 5 months ago: Greece needs debt relief, lots of it, and fast.
We also know that Europe tried to silence the report. But what’s most interesting is that this has been going on for months, as per Reuters. Ergo, the IMF has known about the -preliminary- analysis for months, and kept silent, while at the same time ‘negotiating’ with Greece on austerity and bailouts.
And if you dig a bit deeper still, there’s no avoiding the fact that the IMF hasn’t merely known this for months, it’s known it for years. The Greek Parliamentary Debt Committee reported three weeks ago that it has in its possession an IMF document from 2010! that confirms the Fund knew even at that point in time.
That is to say, it already knew back then that the bailout executed in 2010 would push Greece even further into debt. Which is the exact opposite of what the bailout was supposed to do.
The 2010 bailout was the one that allowed private French, Dutch and German banks to transfer their liabilities to the Greek public sector, and indirectly to the entire eurozone‘s public sector. There was no debt restructuring in that deal.
Reuters yesterday reported that “Publication of the draft Debt Sustainability Analysis laid bare a dispute between Brussels and [the IMF] that has been simmering behind closed doors for months.
But that’s not the whole story. Evidently, there was a major dispute inside the IMF as well. The decision to release the report was apparently taken without even a vote, because it was obvious the Fund’s board members wanted the release. The US played a substantial role in that decision. Why the timing? Hard to tell.
The big question that arises from this is: what has been Christine Lagarde’s role in this charade? If she has been instrumental is keeping the analysis under wraps, she has done the IMF a lot of reputational damage, and it’s getting hard to see how she could possibly stay on as IMF chief. She has seen to it that the Fund has lost an immense amount of trust in the world. And without trust, the IMF is useless.
And while we’re at it, ECB chief Mario Draghi, who is also a major Troika negotiator, made a huge mistake this week in -all but- shutting down the Greek banking system, a decision that remains hard to believe to this day. The function of a central bank is to make sure banks are liquid, not to consciously and willingly strangle them.
http://ift.tt/1erUph2
KTFA:
Blluke » July 4th, 2015,
The meeting's agenda number (4) Sunday (5) in July 2015
July 5, 2015
The third parliamentary session
The second legislative year
The first legislative term
First, read verses from the Koran.
Second: The vote on the draft accession of the Republic of Iraq to the province of Migratory Species of animals fungal Treaty Act (cms). ( for the Health and Environment Committee , the Committee on Foreign Relations ). (Article 2).
Third: the first reading of the bill granting pension rights for people with special ranks designated agency law after 9/4/2003. ( Finance Committee , the Legal Committee ). (Article 5).
Fourth: the first reading of the draft included the Judicial Institute to the Judicial Authority Law. ( Legal Committee ). (Article 6).
Fifth: the first reading of the draft general amnesty law. ( Legal Committee ). (13 articles).
Sixth: The first reading of the draft accountability and justice and the prohibition of the Baath Party Law. (Committee of reconciliation, accountability and justice). (Article 22).
Seventh: The second reading of the bill the first amendment to the law of the internal security forces penalties No. 14 of 2008 ( Security and Defense Committee , the Legal Committee ). (Article 15).
Session start time: one in the afternoon
http://ift.tt/1etLKe4
Blluke » July 4th, 2015,
The meeting's agenda number (4) Sunday (5) in July 2015
July 5, 2015
The third parliamentary session
The second legislative year
The first legislative term
First, read verses from the Koran.
Second: The vote on the draft accession of the Republic of Iraq to the province of Migratory Species of animals fungal Treaty Act (cms). ( for the Health and Environment Committee , the Committee on Foreign Relations ). (Article 2).
Third: the first reading of the bill granting pension rights for people with special ranks designated agency law after 9/4/2003. ( Finance Committee , the Legal Committee ). (Article 5).
Fourth: the first reading of the draft included the Judicial Institute to the Judicial Authority Law. ( Legal Committee ). (Article 6).
Fifth: the first reading of the draft general amnesty law. ( Legal Committee ). (13 articles).
Sixth: The first reading of the draft accountability and justice and the prohibition of the Baath Party Law. (Committee of reconciliation, accountability and justice). (Article 22).
Seventh: The second reading of the bill the first amendment to the law of the internal security forces penalties No. 14 of 2008 ( Security and Defense Committee , the Legal Committee ). (Article 15).
Session start time: one in the afternoon
http://ift.tt/1etLKe4
via Dinar Recaps - Our Blog http://ift.tt/1CbGyqb
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