My Ladies private Chatroom:
HG: Seems like I'm often not sure of things but are we just happy that it looks like the dinar might be international soon or are we really happy with a 1095 rate?
J.G.: HearingGod, you are mirroring my thoughts here...I am confused why anyone would be excited about Iraq coming out of the gate with a rate of 1095....that is hardly more than we purchased them for in the first place....how would it benefit Iraq to come out a such a low rate....that seems absurd to me that Iraq would even consider something like this ...so what if it means "yay, they have gone international"...doesn't benefit us at all....I am really confused about all of this....anyone care to help me out here???
HG: I think I've seen Nova post that he didn't care what rate they came out with as long as they came out with a real rate ..... I agree though I'm not sure ???
Socksmom: The point is that It's a starting point
....
HG: Seems like I'm often not sure of things but are we just happy that it looks like the dinar might be international soon or are we really happy with a 1095 rate?
J.G.: HearingGod, you are mirroring my thoughts here...I am confused why anyone would be excited about Iraq coming out of the gate with a rate of 1095....that is hardly more than we purchased them for in the first place....how would it benefit Iraq to come out a such a low rate....that seems absurd to me that Iraq would even consider something like this ...so what if it means "yay, they have gone international"...doesn't benefit us at all....I am really confused about all of this....anyone care to help me out here???
HG: I think I've seen Nova post that he didn't care what rate they came out with as long as they came out with a real rate ..... I agree though I'm not sure ???
Socksmom: The point is that It's a starting point
....
HG: Without sounding too stupid .... Selling in dinars and paying in USD isn't a good thing right? There isn't a good way to spin that is there?
MY LADIES: YES IT IS A GOOD THING HERE MODELLER SAYS IT BEST
[4:22 AM] MODELLER52: <<< BUT, AND THIS IS JUST A THOUGHT,, IF THEY SELL THE BONDS AT A DISCOUNT RATE IN DINAR AND WILL PAY IN USD ON MATURITY THEN IMO, THEY ARE ON A WINNER IF THEY INCREASE THE VALUE OF THE DINAR PRIOR, IT WILL MINIMISE THE AMOUNT THEY PAY OUT, BEING IN USD NOT IQD, NOW I DONT KNOW IF MY THINKING IS CORRECT BUT IF SO THEN ITS A VERY SMART MOVE, ALL THEY HAVE TO DO IS GET PEOPLE TO BUY THE BONDS, AND THAT BRINGS US TO THIS,,
MY LADIES: THE IDEA IS JUST TO START DOING SOMETHING, THE REST WILL FALL INTO PLACE.
HG: I did read that before .. makes sense. I'm just ready for something !! Thanks
************
MY LADIES: ALRIGHT BEING IN IRAQ FOR ANY LENGTH OF TIME MAKES MY HEAD HURT BUT I WAS CORRECT LAST NIGHT THE MINISTRY POWERS ARE TO BE TRANSFERRED TO THE PROVINCES BY AUGUST 5TH, DESPITE THE STALLING AND THE WHINING. THIS IS NECESSARY STEP TO MOVE TO MARKET ECONOMY,
THE TIMING OF ALL OF THIS SURE IS POSITIVE, AND WITH IRAN IN IRAQ RIGHT NOW THINGS COULD BE MOVING ALONG
.Deputy for the National: political parties to invoke the election dues to block the transfer of powers to the provinces
http://ift.tt/1gZRv4U
************
Joey: GM More news from CBI
http://ift.tt/1Inomq5
MY LADIES: YEP JOEY THANK YOU I HAVE IT,
IT IS WHAT WE HAVE BEEN TALKING ABOUT SINCE LAST NIGHT, THE SALE OF BONDS AT 1095 TO START ON 8/2 AND GO UNTIL 8/31
Brenda: its incredible to see whats really happening, a start is good, for I believe that its the start that wont be stopped
MY LADIES: WE CAN ONLY HOPE
**********
MY LADIES: AHA I SOLVED THE SWIFT PUZZLE WITH IRAN,
IT SEEMS THAT PRIVATE BANKS WERE NOT EFFECTED BY THE EU SANCTIONS ONLY THE STATE BANKS, SO ALL THE PRIVATE BANKS HAVE RECONNECTED THEMSELVES AND THE STATE BANKS ARE SOON TO FOLLOW.
‘Iran's state banks to join SWIFT once JCPOA comes into effect
http://ift.tt/1gZRxcX
An official at the Central Bank of Iran (CBI) says the country’s state-run banks will soon rejoin the Society for Worldwide Interbank Financial Telecommunication (SWIFT) once Iran's nuclear agreement with the world powers enters into effect.
Kamyab added that at present, all Iranian private banks are connected to the SWIFT and those state-run banks that are subject to EU’s sanctions will join the network in the near future.
“Private banks were not covered by European Union’s sanctions against Iran and could avail themselves of the services provided by the SWIFT,” he said.
According to IRNA, Iranian private banks including Dei, Saman, Pasargad, Parsian, and Middle East, in addition to two state-run banks, Maskan (Housing) and Agriculture are currently connected to the SWIFT network
MY LADIES: (whew) I WAS BEGINNING TO THINK IRANIAN NEWSPAPERS WERE AS BAD AS IRAQI PAPERS.
************
MY LADIES: VERY DEEP MINES IN IRAN AND CONTRACTS FROM FOR MINING ARE STARTING AGAIN
New mine to add 2 tons to Iran gold output
http://ift.tt/1HU4cXz
Iran will open a new gold mine with a capacity to produce 2 metric tons per year of the precious metal in its western Kurdestan province, Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh says.
Production from the Sari Gunay deposits near Qorveh with an ore concentration of 1.6 grams per metric ton will begin in the next three months, he said.
************
MY LADIES: GAS COMING TO IRAQ FROM IRAN AND A HUGE POWER PLANT IN BASRA PLANNED TO BEGIN THE NEXT 2 MONTHS NOW THAT PAYMENT HAS BEEN AGREED
Iran builds $2.5 billion power plant in Iraq
http://ift.tt/1HUkf7Z
Iran is building a natural gas combined cycle power plant in Iraq’s Basra at a cost of $2.5 billion in the Persian country’s biggest engineering services deal yet.
The project, being carried out by Iran’s MAPNA Group, aims to add 3,000 megawatts of electric power to Iraq’s national grid which is saddled with acute shortfalls at its current 8,500-megawatt capacity.
************
MY LADIES: ALRIGHT OFF TO CHINA NOW,
CHINA PRAISES THE WTO FOR TARIFF CUTS ON IT PRODUCTS
China lauds WTO trillion dollar IT deal, eyes big gains for domestic firms
http://ift.tt/1Inomq7
China’s Ministry of Commerce on Saturday lauded the landmark deal by WTO members to cut tariffs on $1 trillion worth of information technology products in a boost for producers of goods ranging from video games to medical equipment.
The agreement will further promote global trade and world economic growth, and also inject new vitality into multilateral trade negotiations, said the Commerce Ministry.
**********
MY LADIES: ASIA OFF TO A ROUGH START AGAIN
Asian stocks down ahead of rocky week
http://ift.tt/1gZRv4X
Lower than expected manufacturing activity in China continued to pull Asian stocks down on Monday as lower commodity prices added to speculation about a US Federal Reserve meeting to discuss interest rates later this week
************
MY LADIES: CHINA’S SILK ROAD SHAKING THINGS UP A BIT
China Sea Rates: New Silk Road plans threaten liner industry
http://ift.tt/1Inomq9
Caringbah: China’s plans to build more and more land links with Europe could seriously harm shipping lines in five years’ time, warns the ceo of Australian firm China Sea Rates today.
Tim Routh, who heads up the online freight rate pricing system, says that after reviewing China’s much talked about ‘New Silk Road’ plans if the People’s Republic can get the land route from Xian in central China through to Europe in play by 2020 then there will be a serious disruption to shipping worldwide.
==========
MY LADIES: MOST SMALL AND MEDIUM ENTERPRISE HAVE NO IDEA OF WHAT IS COMING
Huge opportunities in China Silk Road
http://ift.tt/1gZRv4Z
China’s plan for a new Silk Road will require infrastructural investments of US$160bil and will, in time, generate annual trade volume exceeding US$2.5tril. Malaysian SMEs cannot afford to miss out, writes HO WAH FOON.
======
MY LADIES: HERE ARE SOME NICE PHOTOS OF THE NEW SILK ROAD PROJECT
Fostering Sino-Aussie Ties: 'Beautiful China, Amazing Silk Road' Displays China's Beauty, Charm from Chinese and Australian Eyes
http://ift.tt/1Inomqf
The photography exhibition "Beautiful China, Amazing Silk Road" opened at Sydney's World Square on Friday, July 24, 2015. The exhibition showcased photographic masterpieces of historical heritages, beautiful sceneries and the charms of China's ancient Silk Road.
**********
MY LADIES: 65 COUNTRIES AND 3 CONTINENTS
China's One Belt, One Road initiative could usher in new growth
http://ift.tt/1IAAiv2
SINGAPORE: The Republic could be poised to take advantage of a new area of growth through its participation in China's One Belt, One Road trade initiative, said Senior Minister of State for Transport Josephine Teo at a forum on the 21st Century Maritime Silk Road on Monday (Jul 27).
The 21st Century Maritime Silk Road was first proposed by China in 2013, aimed at fostering collaboration along the historic Silk Road and maritime routes. The Maritime Silk Road is part of China's overall One Belt, One Road framework which will also include the land-based Silk Road Economic Belt.
MY LADIES: WILL THE SILK ROAD MAKE EASTERN AND WESTERN EUROPE A LITTLE COZIER???
It is the 40th anniversary of China-EU relations. Where do they stand?
http://ift.tt/1JJWjSS
The relationship between China and the EU has experienced many ups and downs: from Romano Prodi’s declaration of the EU and China as “engaged yet not married” partners to later distress over trade and human right issues. What is the status of the partnership at the 40th anniversary of China-EU relations?
**********
MY LADIES: IRAN IS THIS A NUCLEAR DEAL?? A BUSINESS DEAL?? OR MAYBE AN ECONOMIC AGREEMENT??
I BRING THIS BACK AGAIN FROM LAST WEEK BECAUSE NOW WE HAVE SEEN WITH A LITTLE BIT TIME HOW MOST OF THIS APPLIES. I DO BELIEVE NOVA AND I HAVE SAID ALL THESE SAME WORDS ON OUR CALLS.
THIS IS A VERY GOOD READ IF YOU WANT UNDERSTANDING OF THIS DEAL.
The Geopolitics and Economics of the Iran Nuclear Deal
http://ift.tt/1HHbE8B
From this perspective, the deal is more than simply a new chapter in Iran’s relations with the West and the world at large; it is the agreement by which Iran will transform itself from a potentially powerful, though politically and economically isolated country, to an emerging regional power that will become a linchpin of the strategies of both the western and non-western worlds
************
MY LADIES: READ THIS AGAIN AND THEN STORE IT IN YOUR MEMORY BANK THIS IS A LOOK AT THE EURASIA PROJECT
China and Russia Lay Foundation for Massive Economic Cooperation
http://ift.tt/1KV7OMV
In the past decade, Beijing and Moscow have been more competitors than partners. But that relationship may now be changing as Russian and Chinese leaders are considering combining their two countries’ regional economic projects — the Eurasian Economic Union and the Silk Road Economic Belt, respectively.
************
MY LADIES: KENYA IS OPEN FOR BUSINESS AND REALLY PUSHING THE PRIVATE SECTOR
http://ift.tt/1D5oMW7
MY LADIES: YES IT IS A GOOD THING HERE MODELLER SAYS IT BEST
[4:22 AM] MODELLER52: <<< BUT, AND THIS IS JUST A THOUGHT,, IF THEY SELL THE BONDS AT A DISCOUNT RATE IN DINAR AND WILL PAY IN USD ON MATURITY THEN IMO, THEY ARE ON A WINNER IF THEY INCREASE THE VALUE OF THE DINAR PRIOR, IT WILL MINIMISE THE AMOUNT THEY PAY OUT, BEING IN USD NOT IQD, NOW I DONT KNOW IF MY THINKING IS CORRECT BUT IF SO THEN ITS A VERY SMART MOVE, ALL THEY HAVE TO DO IS GET PEOPLE TO BUY THE BONDS, AND THAT BRINGS US TO THIS,,
MY LADIES: THE IDEA IS JUST TO START DOING SOMETHING, THE REST WILL FALL INTO PLACE.
HG: I did read that before .. makes sense. I'm just ready for something !! Thanks
************
MY LADIES: ALRIGHT BEING IN IRAQ FOR ANY LENGTH OF TIME MAKES MY HEAD HURT BUT I WAS CORRECT LAST NIGHT THE MINISTRY POWERS ARE TO BE TRANSFERRED TO THE PROVINCES BY AUGUST 5TH, DESPITE THE STALLING AND THE WHINING. THIS IS NECESSARY STEP TO MOVE TO MARKET ECONOMY,
THE TIMING OF ALL OF THIS SURE IS POSITIVE, AND WITH IRAN IN IRAQ RIGHT NOW THINGS COULD BE MOVING ALONG
.Deputy for the National: political parties to invoke the election dues to block the transfer of powers to the provinces
http://ift.tt/1gZRv4U
************
Joey: GM More news from CBI
http://ift.tt/1Inomq5
MY LADIES: YEP JOEY THANK YOU I HAVE IT,
IT IS WHAT WE HAVE BEEN TALKING ABOUT SINCE LAST NIGHT, THE SALE OF BONDS AT 1095 TO START ON 8/2 AND GO UNTIL 8/31
Brenda: its incredible to see whats really happening, a start is good, for I believe that its the start that wont be stopped
MY LADIES: WE CAN ONLY HOPE
**********
MY LADIES: AHA I SOLVED THE SWIFT PUZZLE WITH IRAN,
IT SEEMS THAT PRIVATE BANKS WERE NOT EFFECTED BY THE EU SANCTIONS ONLY THE STATE BANKS, SO ALL THE PRIVATE BANKS HAVE RECONNECTED THEMSELVES AND THE STATE BANKS ARE SOON TO FOLLOW.
‘Iran's state banks to join SWIFT once JCPOA comes into effect
http://ift.tt/1gZRxcX
An official at the Central Bank of Iran (CBI) says the country’s state-run banks will soon rejoin the Society for Worldwide Interbank Financial Telecommunication (SWIFT) once Iran's nuclear agreement with the world powers enters into effect.
Kamyab added that at present, all Iranian private banks are connected to the SWIFT and those state-run banks that are subject to EU’s sanctions will join the network in the near future.
“Private banks were not covered by European Union’s sanctions against Iran and could avail themselves of the services provided by the SWIFT,” he said.
According to IRNA, Iranian private banks including Dei, Saman, Pasargad, Parsian, and Middle East, in addition to two state-run banks, Maskan (Housing) and Agriculture are currently connected to the SWIFT network
MY LADIES: (whew) I WAS BEGINNING TO THINK IRANIAN NEWSPAPERS WERE AS BAD AS IRAQI PAPERS.
************
MY LADIES: VERY DEEP MINES IN IRAN AND CONTRACTS FROM FOR MINING ARE STARTING AGAIN
New mine to add 2 tons to Iran gold output
http://ift.tt/1HU4cXz
Iran will open a new gold mine with a capacity to produce 2 metric tons per year of the precious metal in its western Kurdestan province, Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh says.
Production from the Sari Gunay deposits near Qorveh with an ore concentration of 1.6 grams per metric ton will begin in the next three months, he said.
************
MY LADIES: GAS COMING TO IRAQ FROM IRAN AND A HUGE POWER PLANT IN BASRA PLANNED TO BEGIN THE NEXT 2 MONTHS NOW THAT PAYMENT HAS BEEN AGREED
Iran builds $2.5 billion power plant in Iraq
http://ift.tt/1HUkf7Z
Iran is building a natural gas combined cycle power plant in Iraq’s Basra at a cost of $2.5 billion in the Persian country’s biggest engineering services deal yet.
The project, being carried out by Iran’s MAPNA Group, aims to add 3,000 megawatts of electric power to Iraq’s national grid which is saddled with acute shortfalls at its current 8,500-megawatt capacity.
************
MY LADIES: ALRIGHT OFF TO CHINA NOW,
CHINA PRAISES THE WTO FOR TARIFF CUTS ON IT PRODUCTS
China lauds WTO trillion dollar IT deal, eyes big gains for domestic firms
http://ift.tt/1Inomq7
China’s Ministry of Commerce on Saturday lauded the landmark deal by WTO members to cut tariffs on $1 trillion worth of information technology products in a boost for producers of goods ranging from video games to medical equipment.
The agreement will further promote global trade and world economic growth, and also inject new vitality into multilateral trade negotiations, said the Commerce Ministry.
**********
MY LADIES: ASIA OFF TO A ROUGH START AGAIN
Asian stocks down ahead of rocky week
http://ift.tt/1gZRv4X
Lower than expected manufacturing activity in China continued to pull Asian stocks down on Monday as lower commodity prices added to speculation about a US Federal Reserve meeting to discuss interest rates later this week
************
MY LADIES: CHINA’S SILK ROAD SHAKING THINGS UP A BIT
China Sea Rates: New Silk Road plans threaten liner industry
http://ift.tt/1Inomq9
Caringbah: China’s plans to build more and more land links with Europe could seriously harm shipping lines in five years’ time, warns the ceo of Australian firm China Sea Rates today.
Tim Routh, who heads up the online freight rate pricing system, says that after reviewing China’s much talked about ‘New Silk Road’ plans if the People’s Republic can get the land route from Xian in central China through to Europe in play by 2020 then there will be a serious disruption to shipping worldwide.
==========
MY LADIES: MOST SMALL AND MEDIUM ENTERPRISE HAVE NO IDEA OF WHAT IS COMING
Huge opportunities in China Silk Road
http://ift.tt/1gZRv4Z
China’s plan for a new Silk Road will require infrastructural investments of US$160bil and will, in time, generate annual trade volume exceeding US$2.5tril. Malaysian SMEs cannot afford to miss out, writes HO WAH FOON.
======
MY LADIES: HERE ARE SOME NICE PHOTOS OF THE NEW SILK ROAD PROJECT
Fostering Sino-Aussie Ties: 'Beautiful China, Amazing Silk Road' Displays China's Beauty, Charm from Chinese and Australian Eyes
http://ift.tt/1Inomqf
The photography exhibition "Beautiful China, Amazing Silk Road" opened at Sydney's World Square on Friday, July 24, 2015. The exhibition showcased photographic masterpieces of historical heritages, beautiful sceneries and the charms of China's ancient Silk Road.
**********
MY LADIES: 65 COUNTRIES AND 3 CONTINENTS
China's One Belt, One Road initiative could usher in new growth
http://ift.tt/1IAAiv2
SINGAPORE: The Republic could be poised to take advantage of a new area of growth through its participation in China's One Belt, One Road trade initiative, said Senior Minister of State for Transport Josephine Teo at a forum on the 21st Century Maritime Silk Road on Monday (Jul 27).
The 21st Century Maritime Silk Road was first proposed by China in 2013, aimed at fostering collaboration along the historic Silk Road and maritime routes. The Maritime Silk Road is part of China's overall One Belt, One Road framework which will also include the land-based Silk Road Economic Belt.
MY LADIES: WILL THE SILK ROAD MAKE EASTERN AND WESTERN EUROPE A LITTLE COZIER???
It is the 40th anniversary of China-EU relations. Where do they stand?
http://ift.tt/1JJWjSS
The relationship between China and the EU has experienced many ups and downs: from Romano Prodi’s declaration of the EU and China as “engaged yet not married” partners to later distress over trade and human right issues. What is the status of the partnership at the 40th anniversary of China-EU relations?
**********
MY LADIES: IRAN IS THIS A NUCLEAR DEAL?? A BUSINESS DEAL?? OR MAYBE AN ECONOMIC AGREEMENT??
I BRING THIS BACK AGAIN FROM LAST WEEK BECAUSE NOW WE HAVE SEEN WITH A LITTLE BIT TIME HOW MOST OF THIS APPLIES. I DO BELIEVE NOVA AND I HAVE SAID ALL THESE SAME WORDS ON OUR CALLS.
THIS IS A VERY GOOD READ IF YOU WANT UNDERSTANDING OF THIS DEAL.
The Geopolitics and Economics of the Iran Nuclear Deal
http://ift.tt/1HHbE8B
From this perspective, the deal is more than simply a new chapter in Iran’s relations with the West and the world at large; it is the agreement by which Iran will transform itself from a potentially powerful, though politically and economically isolated country, to an emerging regional power that will become a linchpin of the strategies of both the western and non-western worlds
************
MY LADIES: READ THIS AGAIN AND THEN STORE IT IN YOUR MEMORY BANK THIS IS A LOOK AT THE EURASIA PROJECT
China and Russia Lay Foundation for Massive Economic Cooperation
http://ift.tt/1KV7OMV
In the past decade, Beijing and Moscow have been more competitors than partners. But that relationship may now be changing as Russian and Chinese leaders are considering combining their two countries’ regional economic projects — the Eurasian Economic Union and the Silk Road Economic Belt, respectively.
************
MY LADIES: KENYA IS OPEN FOR BUSINESS AND REALLY PUSHING THE PRIVATE SECTOR
http://ift.tt/1D5oMW7
MY LADIES: HOME WORK ASSIGNMENT
WHAT EVER HAPPENED TO THE 2010 IMF DEADLINE??? THE DEADLINE PASSED ALREADY RIGHT????
SO ARE WE IN PLAN "B"
Rocket Rich: I see they had extended a deadline in January 2015 until June 30th 2015 for Congress. However, I don't see much of anything in the way of articles beyond January 28th, 2015. No mention of the deadline since June 30th. Did Congress already vote and slide this one under the rug?
Joey: I believe we are in the global plan. We thought this was to be like Kuwait, but turned out to be a global event…..Who knows if it passed at last deadline.
Farhead: To my knowledge/memory, the "deadline" for US ratification of IMF reforms was extended to Sept 15, 2015!
WHAT EVER HAPPENED TO THE 2010 IMF DEADLINE??? THE DEADLINE PASSED ALREADY RIGHT????
SO ARE WE IN PLAN "B"
Rocket Rich: I see they had extended a deadline in January 2015 until June 30th 2015 for Congress. However, I don't see much of anything in the way of articles beyond January 28th, 2015. No mention of the deadline since June 30th. Did Congress already vote and slide this one under the rug?
Joey: I believe we are in the global plan. We thought this was to be like Kuwait, but turned out to be a global event…..Who knows if it passed at last deadline.
Farhead: To my knowledge/memory, the "deadline" for US ratification of IMF reforms was extended to Sept 15, 2015!
via Dinar Recaps - Our Blog http://ift.tt/1gZRvlh
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