Thanks My Ladies for letting us share from your private chatroom:
Around 3:00AM:
Princess DD: Israelis See Spy’s Release as Peace Offering for Iran Deal
http://ift.tt/1KwmguS
Princess DD: Is there a connection between Pollard release timing and Iran deal? http://ift.tt/1IqNZXd
Princess DD: No Big Deal The Iran nuclear deal has little to do with the 21st century's biggest security challenges. http://ift.tt/1IpkS6u
Princess DD: Iraqis think the Iran nuclear deal will mean unchecked Iranian influence in the country Read more: http://ift.tt/1IqO1OL
Around 3:00AM:
Princess DD: Israelis See Spy’s Release as Peace Offering for Iran Deal
http://ift.tt/1KwmguS
Princess DD: Is there a connection between Pollard release timing and Iran deal? http://ift.tt/1IqNZXd
Princess DD: No Big Deal The Iran nuclear deal has little to do with the 21st century's biggest security challenges. http://ift.tt/1IpkS6u
Princess DD: Iraqis think the Iran nuclear deal will mean unchecked Iranian influence in the country Read more: http://ift.tt/1IqO1OL
Princess DD: EU foreign policy chief in Iran for discussions on implementing nuclear deal http://ift.tt/1DbwxKb
Iran to United Nations; New Sanctions Could Kill Nuclear Deal http://ift.tt/1OOhwzf
Princess DD: The EU committed to remove former Iranian Defense Minister from sanctions list, Ahmad Vahidi is sought by Interpol for alleged role in Argentina’s worst terror attack http://ift.tt/1IqO1OP
**********
Princess DD: CHINA:
China’s Yuan on the Road to Global Dominance http://ift.tt/1H0K3LM
RPT-As China stocks dive, global investors worry more about yuan http://ift.tt/1Dbwzl8
S.Africa's yuan payments rise on stronger relations with China-SWIFT http://ift.tt/1IqO1OR
Trillions of yuan flow into china interbank bond market http://ift.tt/1Dbwzlb
Princess DD: Emerging market currencies stressed by stalling China equities and Yuan http://ift.tt/1IqO1OS
China's making it easier for foreign investors to buy its debt http://ift.tt/1Dbwzld
************
PrincessDD: BRICS
China’s balancing act in BRICS http://ift.tt/1IqO2SF
************
PrincessDD: RUSSIA
Russia bans US National Endowment for Democracy as "undesirable" http://ift.tt/1LWwxAZ
**********
PrincessDD: GREECE
Reform in Greece is for the good of all Europe http://ift.tt/1Kyt9Jh
Kouvelakis: Greece being denied democracy http://ift.tt/1Dbwzle
Opinion: After Greece, everyone will want a Plan B to leave the euro http://ift.tt/1IqO258
How Germany Prevailed in the Greek Bailout http://ift.tt/1KxtkaC
Greece Freezes Over: Banks to Retain Cash Controls for Now, Future Uncertain http://ift.tt/1DbwxKj
If The Eurozone Were A Club, Germany Would Be The DJ http://ift.tt/1IqO2SI
German economists oppose eurozone integration http://ift.tt/1D90qLh
Greece made preparations to exit Eurozone...The system would be "euro-denominated but at the drop of a hat it could be converted into a new drachma," the former finance minister, Yanis Varoufakis, said
http://ift.tt/1IqO25b
**********
Princess DD: Eurozone recovering but still at risk of stagnation, warns IMFhttp://ift.tt/1Dbwzlh
Princess DD: Turkey steps up bombing of Kurdish targets in Iraq http://ift.tt/1JRaBRJ
**********
PrincessDD: SILK ROAD
China paves a silk road for commodities http://ift.tt/1IqO25g
Big data conglomerate dreams big on Silk Road http://ift.tt/1Dbwzlk
Big Data Helps Boost Silk Road http://ift.tt/1IqO2SM
Rethinking one belt one road though doubts linger http://ift.tt/1Dbwzlm
Princess DD: IRAN GASLINE Iran gas exports to resume in 3 days after pipeline attack http://ift.tt/1IqO2SQ
Possible Kurdish attack halts flow in natural gas pipeline from Iran to Turkey http://ift.tt/1HXvBrQ
Explosion shuts down Iran-Turkey natural gas pipeline http://ift.tt/1IqO2SS
**********
MY LADIES: GOOD MORNING PRINCESS, YOU HAD AN EARLY START
HERE IS A GOOD EXAMPLE OF INSTITUTIONAL BOND SALES. CHINA IS OPENING THEIR BOND MARKET TO FOREIGN INVESTORS THIS YEAR ALSO. PRINCESS BROUGHT IN SEVERAL ARTICLES, JUST SCROLL UP AND YOU WILL SEE THEM.
China welcomes foreign investors in bond market: central bank http://ift.tt/1KwqdzD
China welcomes investment from global central banks, financial institutions and sovereign-wealth funds in the country's bond market, an unnamed official from the central bank said on Tuesday.
Foreign central banks, global financial institutions and sovereign-wealth funds will only need to register with the central bank to trade bonds in the spot and forward markets, conduct interest rate swaps, and trade forward rate agreements, according to the report. They will also be able to decide the size of their investment, rather than limited to specific quotas.
Trillions of yuan to flow into China interbank bond market amid relaxation
Another three trillion yuan (HK$3.8 trillion) worth of reserve money is expected to flow into China’s bond market over the next three to five years and one in 10 central banks around the world is expected to hold yuan-denominated debt as Beijing opens up the debt market, according to a report by Deutsche Bank.
On July 14, China’s central bank removed the investment quota requirement on foreign central banks, supranational financial institutions and sovereign wealth funds. Meanwhile, the lengthy application process has been discarded and a foreign reserve manager need only submit a filing of their investment plans to the People’s Bank of China.
=============
MY LADIES: CAN WE APPLY ANY OF THIS TO IRAQ???
CAN WE TRY TO UNDERSTAND WHY CENTRAL BANKS AND GOVERNMENTS SELL BONDS??
THE YUAN NEEDS TO TRADE MORE FREELY AND HAVE MORE INTERNATIONAL RECOGNITION. DOES ANY OF THIS SOUND FAMILIAR? IS IRAQ SO DIFFERENT OR ANY OTHER EMERGING MARKET?
WOULD THE RULES FOR IRAQ BOND TRADES BEING DIFFERENT THAN CHINAS? WE TRY TO TELL YOU THIS BOND SALE FROM IRAQ IS GOING TO BE DONE INTERNATIONALLY IN THE EXACT SAME WAY ANY OTHER MARKET IS DONE!
Foreign access to China's bond market widens http://ift.tt/1Dbwy0D
The People's Bank of China has loosened restrictions on foreign access to China's bond market in an attempt to spur market growth and accelerate the renminbi's internationalization, reports the weekly Economic Observer in Beijing.
The central bank issued a notification this month that it will allow foreign central banks and financial agencies, international financial organizations and sovereign wealth funds from outside of China to set the quantity of their investment and expand their types of trade — from cash bonds and repurchase only to cash bonds, repurchase, lending, long-term bonds, interest rate swaps and forward rate agreements — in China's bond market without Beijing's approval. The government only requires the foreign entities report their investments and institutional investors to make long-term investments in the bond market.
The policy easing suggests that the Chinese government is appealing to foreign investors to spur the growth of the bond market, which is essential for the renminbi's internationalization. Bonds are the key to attracting foreign investors to hold yuan-dominated assets, since it is a safe and highly-liquid investment, the report said.
MY LADIES: AND HERE IS SOMETHING ELSE THE DOMESTIC DEMAND FOR THE BONDS HAS WANED BECAUSE DOMESTIC INVESTORS ARE MORE INTERESTED NOW IN THE STOCK MARKET THAT HAS BEEN OPENED TO THEM. THE DOMESTIC MARKET HAS BEEN BUYING MUNICIPAL BONDS.
The Economic Observer believes that foreign institutions will welcome the loosened restriction and be interested in holding yuan-denominated bonds since the value of the renminbi is relatively stable and produces higher yields comparing to the currencies of developed counties. The paper also believes the expecting interest rate hike of US Federal Reserve System will not distract the institutions from Chinese bond market in the short term.
Although having more foreign holders of yuan-denominated bonds is expected to have a positive influence on Chinese economic growth and the renminbi's internationalization, China's bond market will also be exposed to greater risks since it will be more susceptible to changes in the interest rates of other countries and make it more difficult for Beijing to control China's interest rate.
MY LADIES: WHY ARE CHINA BONDS GOING TO BE MORE SUSCEPTIBLE TO CHANGES IN THE INTEREST RATES OF OTHER COUNTRIES???
WHY WOULD CHINA HAVE A DIFFICULT TIME CONTROLLING THE INTEREST RATE?
AND FINALLY LOOK HERE ANOTHER SIGN OF THE NEW SYSTEM STARTING.
The government has been pushing for the inclusion of its currency in the IMF's Special Drawing Rights basket, which is due for its five-year review this year. The government plans to launch an international payment system to process cross-border renminbi transactions in September, which will challenge the US dollar's dominance in global trade and help Beijing build a leading role in Asian and global financial markets.
**********
Memphis: ML this is a loosely put together thought but in considering the new Iraqi bond issues I recall an article posted here two days ago (going on memory here) by a former Iraqi MP named Yasiri who spoke of the 3 zeros project and the noteworthy part of his remarks were that he spoke of dinar denominate debts (both external and internal) that needed to be addressed as part of the preparation.
My point is that any debt owed by them inclusive of these new bonds might very well have provisions (fine print) to cover any major currency event that might arise. Sort of a built in NDF!
Like I said, nothing to give much attention to just noteworthy because I can easily count on one hand the number of Iraqi press releases in the past 4.5yrs that even mentioned the settlement of debts.
MY LADIES: UUMMM HUMMM, I'LL GO BACK AND HAVE A LOOK, ANY GOI NEWS I TAKE WITH A GRAIN OF SALT, AND ANY COMMENTS FROM FORMER GOI ANYONE I GIVE EVEN LESS ATTENTION TO, I MAY COMMENT AT THE TIME, BUT I CERTAINLY DO NOT STORE IT IN THE MENTAL BANK
THANK YOU FOR BRINGING IT UP
************
MY LADIES: PRINCESS THANK YOU FOR GOING TO GREECE THIS MORNING, MY THOUGHT PROCESS ON WHAT’S HAPPENING THERE IS SIMILAR TO BE ON A NEVER ENDING BAD DATE THAT JUST KEEPS GETTING WORSE.
THERE IS INTEREST IN WHAT’S HAPPENING AND WE NEED TO STAY INFORMED BUT THIS IS ALL JUST A REPLAY OF THE LAST 2 MONTHS AND A CONSTANT BUILD UP OF THE SNEEZE WITH NO NEED FOR THE TISSUE YET.
IT IS SO INTERESTING THEY HAVE NOT FINALIZED THIS BAIL OUT, THE STALL IS ALMOST OBVIOUS TO WHAT ELSE IS HAPPENING ON THE OTHER SIDE
SO I WILL SKIP COMMENTING ON GREECE ARTICLES BUT ENCOURAGE YOU TO READ THEM SO YOU ARE IN THE KNOW STILL.
LET’S MOVE TO MY FAVORITE TOPIC THE SILK ROAD AND ALL THINGS RENEWED
************
MY LADIES: THIS ARTICLE HAS A NICE VIDEO WITH IT THAT’S ONLY 2 MIN LONG BUT IS A GOOD THING FOR ALL TO WATCH.
Turkey to play key role in 'One Belt, One Road
http://ift.tt/1IqO2SU
In the ancient silk road, China was the starting point, and Turkey was the end. As China now launches its "One Belt, One Road" initiative, Turkey is again taking the position as a key investment and cooperation partner that will help bridge East and West.
Located in both Asia and Europe, Turkey has long held a unique role as a cultural and economic center.
=======
MY LADIES: NOVA PLEASE PUT ONE EYE ON THIS, AND WE HAVE TO LOOK A BIT DEEPER INTO IT. A ONE BELT CLEARING PLATFORM…HUMMMM
Big data conglomerate dreams big on Silk Road http://ift.tt/1Dbwzlk
BEIJING, July 29 (Xinhuanet) -- The driving force behind China's trade growth over the next decade lies in One Belt One Road initiatives and the development of Renminbi-led cross-border clearing, said a CEO mapping out ambitious moves along the routes.
"We aim to build Silk Road stations, a Renminbi-led Visa-like cross-border payment system and a second 'Frankfurt airport' along the routes in Italy to help deliver growth," Luo Feng, CEO of IZP Technologies Group, told chinadaily.com.cn.
The country's big data processing conglomerate operates e-commerce platforms Haixuan and Globebuy and online payment arm Globebill that has been licensed to set up a card organization in Europe.
The One Belt One Road initiative needs its own clearing infrastructure, where retailers overseas can buy Chinese goods with their home currency or exchange directly for Renminbi, Luo said at the 15th Forum on Internet Media of China in Zhanjiang, Guangdong province.
===============
MY LADIES: THIS IS VERY GOOD READ, PLEASE CLICK THE LINK AND SETTLE IN FOR A BETTER UNDERSTANDING AFTER YOU READ THIS AND SEE THINGS FROM BOTH SIDES. AND LET’S SEE IF WE FIND MORE ON THE EAST RUSSIA ECONOMIC CONFERENCE IN SEPTEMBER BEING HOSTED BY PUTIN PLEASE.
Rethinking ‘one belt, one road’, though doubts linger http://ift.tt/1Dbwzlm
**
EDEE: Bloomberg - Five Things Everyone Will Be Talking About Today http://bloom.bg/1Irx2A6
MY LADIES: WELL OF THESE 5 THINGS WE ARE INRETED IN 4, TWITTER & FACEBOOK = NOT SO MUCH
1) Fed decision day
The Federal Reserve concludes a meeting on monetary policy today. Investors will be combing the post-meeting statement for signs that rates may go up at the next meeting in September.
2) Big oil beat
Total posted a better-than-expected profit in the second quarter after production and refining surged, which almost made up for the slump in crude prices.
3) Russia halts ruble rout
MY LADIES: THIS IS JUST AMAZING TO WATCH!
Russia’s central bank halted purchases of foreign currency to replenish the country’s international reserves, sending the ruble toward its biggest gain in almost three weeks. The ruble’s three-month implied volatility, a measure of exchange-rate swings, is at 19 percent, the highest globally.
4) Deals, deals, deals
MY LADIES: GLOBAL TRADE IS WHAT WE LOOK AT EVERY DAY, AND THESE NUMBERS KEEP GETTING BETTER
July isn’t even over, and yet deal making is already on track for the busiest third quarter on record: volumes are set to surpass $1 trillion.
Iran to United Nations; New Sanctions Could Kill Nuclear Deal http://ift.tt/1OOhwzf
Princess DD: The EU committed to remove former Iranian Defense Minister from sanctions list, Ahmad Vahidi is sought by Interpol for alleged role in Argentina’s worst terror attack http://ift.tt/1IqO1OP
**********
Princess DD: CHINA:
China’s Yuan on the Road to Global Dominance http://ift.tt/1H0K3LM
RPT-As China stocks dive, global investors worry more about yuan http://ift.tt/1Dbwzl8
S.Africa's yuan payments rise on stronger relations with China-SWIFT http://ift.tt/1IqO1OR
Trillions of yuan flow into china interbank bond market http://ift.tt/1Dbwzlb
Princess DD: Emerging market currencies stressed by stalling China equities and Yuan http://ift.tt/1IqO1OS
China's making it easier for foreign investors to buy its debt http://ift.tt/1Dbwzld
************
PrincessDD: BRICS
China’s balancing act in BRICS http://ift.tt/1IqO2SF
************
PrincessDD: RUSSIA
Russia bans US National Endowment for Democracy as "undesirable" http://ift.tt/1LWwxAZ
**********
PrincessDD: GREECE
Reform in Greece is for the good of all Europe http://ift.tt/1Kyt9Jh
Kouvelakis: Greece being denied democracy http://ift.tt/1Dbwzle
Opinion: After Greece, everyone will want a Plan B to leave the euro http://ift.tt/1IqO258
How Germany Prevailed in the Greek Bailout http://ift.tt/1KxtkaC
Greece Freezes Over: Banks to Retain Cash Controls for Now, Future Uncertain http://ift.tt/1DbwxKj
If The Eurozone Were A Club, Germany Would Be The DJ http://ift.tt/1IqO2SI
German economists oppose eurozone integration http://ift.tt/1D90qLh
Greece made preparations to exit Eurozone...The system would be "euro-denominated but at the drop of a hat it could be converted into a new drachma," the former finance minister, Yanis Varoufakis, said
http://ift.tt/1IqO25b
**********
Princess DD: Eurozone recovering but still at risk of stagnation, warns IMFhttp://ift.tt/1Dbwzlh
Princess DD: Turkey steps up bombing of Kurdish targets in Iraq http://ift.tt/1JRaBRJ
**********
PrincessDD: SILK ROAD
China paves a silk road for commodities http://ift.tt/1IqO25g
Big data conglomerate dreams big on Silk Road http://ift.tt/1Dbwzlk
Big Data Helps Boost Silk Road http://ift.tt/1IqO2SM
Rethinking one belt one road though doubts linger http://ift.tt/1Dbwzlm
Princess DD: IRAN GASLINE Iran gas exports to resume in 3 days after pipeline attack http://ift.tt/1IqO2SQ
Possible Kurdish attack halts flow in natural gas pipeline from Iran to Turkey http://ift.tt/1HXvBrQ
Explosion shuts down Iran-Turkey natural gas pipeline http://ift.tt/1IqO2SS
**********
MY LADIES: GOOD MORNING PRINCESS, YOU HAD AN EARLY START
HERE IS A GOOD EXAMPLE OF INSTITUTIONAL BOND SALES. CHINA IS OPENING THEIR BOND MARKET TO FOREIGN INVESTORS THIS YEAR ALSO. PRINCESS BROUGHT IN SEVERAL ARTICLES, JUST SCROLL UP AND YOU WILL SEE THEM.
China welcomes foreign investors in bond market: central bank http://ift.tt/1KwqdzD
China welcomes investment from global central banks, financial institutions and sovereign-wealth funds in the country's bond market, an unnamed official from the central bank said on Tuesday.
Foreign central banks, global financial institutions and sovereign-wealth funds will only need to register with the central bank to trade bonds in the spot and forward markets, conduct interest rate swaps, and trade forward rate agreements, according to the report. They will also be able to decide the size of their investment, rather than limited to specific quotas.
Trillions of yuan to flow into China interbank bond market amid relaxation
Another three trillion yuan (HK$3.8 trillion) worth of reserve money is expected to flow into China’s bond market over the next three to five years and one in 10 central banks around the world is expected to hold yuan-denominated debt as Beijing opens up the debt market, according to a report by Deutsche Bank.
On July 14, China’s central bank removed the investment quota requirement on foreign central banks, supranational financial institutions and sovereign wealth funds. Meanwhile, the lengthy application process has been discarded and a foreign reserve manager need only submit a filing of their investment plans to the People’s Bank of China.
=============
MY LADIES: CAN WE APPLY ANY OF THIS TO IRAQ???
CAN WE TRY TO UNDERSTAND WHY CENTRAL BANKS AND GOVERNMENTS SELL BONDS??
THE YUAN NEEDS TO TRADE MORE FREELY AND HAVE MORE INTERNATIONAL RECOGNITION. DOES ANY OF THIS SOUND FAMILIAR? IS IRAQ SO DIFFERENT OR ANY OTHER EMERGING MARKET?
WOULD THE RULES FOR IRAQ BOND TRADES BEING DIFFERENT THAN CHINAS? WE TRY TO TELL YOU THIS BOND SALE FROM IRAQ IS GOING TO BE DONE INTERNATIONALLY IN THE EXACT SAME WAY ANY OTHER MARKET IS DONE!
Foreign access to China's bond market widens http://ift.tt/1Dbwy0D
The People's Bank of China has loosened restrictions on foreign access to China's bond market in an attempt to spur market growth and accelerate the renminbi's internationalization, reports the weekly Economic Observer in Beijing.
The central bank issued a notification this month that it will allow foreign central banks and financial agencies, international financial organizations and sovereign wealth funds from outside of China to set the quantity of their investment and expand their types of trade — from cash bonds and repurchase only to cash bonds, repurchase, lending, long-term bonds, interest rate swaps and forward rate agreements — in China's bond market without Beijing's approval. The government only requires the foreign entities report their investments and institutional investors to make long-term investments in the bond market.
The policy easing suggests that the Chinese government is appealing to foreign investors to spur the growth of the bond market, which is essential for the renminbi's internationalization. Bonds are the key to attracting foreign investors to hold yuan-dominated assets, since it is a safe and highly-liquid investment, the report said.
MY LADIES: AND HERE IS SOMETHING ELSE THE DOMESTIC DEMAND FOR THE BONDS HAS WANED BECAUSE DOMESTIC INVESTORS ARE MORE INTERESTED NOW IN THE STOCK MARKET THAT HAS BEEN OPENED TO THEM. THE DOMESTIC MARKET HAS BEEN BUYING MUNICIPAL BONDS.
The Economic Observer believes that foreign institutions will welcome the loosened restriction and be interested in holding yuan-denominated bonds since the value of the renminbi is relatively stable and produces higher yields comparing to the currencies of developed counties. The paper also believes the expecting interest rate hike of US Federal Reserve System will not distract the institutions from Chinese bond market in the short term.
Although having more foreign holders of yuan-denominated bonds is expected to have a positive influence on Chinese economic growth and the renminbi's internationalization, China's bond market will also be exposed to greater risks since it will be more susceptible to changes in the interest rates of other countries and make it more difficult for Beijing to control China's interest rate.
MY LADIES: WHY ARE CHINA BONDS GOING TO BE MORE SUSCEPTIBLE TO CHANGES IN THE INTEREST RATES OF OTHER COUNTRIES???
WHY WOULD CHINA HAVE A DIFFICULT TIME CONTROLLING THE INTEREST RATE?
AND FINALLY LOOK HERE ANOTHER SIGN OF THE NEW SYSTEM STARTING.
The government has been pushing for the inclusion of its currency in the IMF's Special Drawing Rights basket, which is due for its five-year review this year. The government plans to launch an international payment system to process cross-border renminbi transactions in September, which will challenge the US dollar's dominance in global trade and help Beijing build a leading role in Asian and global financial markets.
**********
Memphis: ML this is a loosely put together thought but in considering the new Iraqi bond issues I recall an article posted here two days ago (going on memory here) by a former Iraqi MP named Yasiri who spoke of the 3 zeros project and the noteworthy part of his remarks were that he spoke of dinar denominate debts (both external and internal) that needed to be addressed as part of the preparation.
My point is that any debt owed by them inclusive of these new bonds might very well have provisions (fine print) to cover any major currency event that might arise. Sort of a built in NDF!
Like I said, nothing to give much attention to just noteworthy because I can easily count on one hand the number of Iraqi press releases in the past 4.5yrs that even mentioned the settlement of debts.
MY LADIES: UUMMM HUMMM, I'LL GO BACK AND HAVE A LOOK, ANY GOI NEWS I TAKE WITH A GRAIN OF SALT, AND ANY COMMENTS FROM FORMER GOI ANYONE I GIVE EVEN LESS ATTENTION TO, I MAY COMMENT AT THE TIME, BUT I CERTAINLY DO NOT STORE IT IN THE MENTAL BANK
THANK YOU FOR BRINGING IT UP
************
MY LADIES: PRINCESS THANK YOU FOR GOING TO GREECE THIS MORNING, MY THOUGHT PROCESS ON WHAT’S HAPPENING THERE IS SIMILAR TO BE ON A NEVER ENDING BAD DATE THAT JUST KEEPS GETTING WORSE.
THERE IS INTEREST IN WHAT’S HAPPENING AND WE NEED TO STAY INFORMED BUT THIS IS ALL JUST A REPLAY OF THE LAST 2 MONTHS AND A CONSTANT BUILD UP OF THE SNEEZE WITH NO NEED FOR THE TISSUE YET.
IT IS SO INTERESTING THEY HAVE NOT FINALIZED THIS BAIL OUT, THE STALL IS ALMOST OBVIOUS TO WHAT ELSE IS HAPPENING ON THE OTHER SIDE
SO I WILL SKIP COMMENTING ON GREECE ARTICLES BUT ENCOURAGE YOU TO READ THEM SO YOU ARE IN THE KNOW STILL.
LET’S MOVE TO MY FAVORITE TOPIC THE SILK ROAD AND ALL THINGS RENEWED
************
MY LADIES: THIS ARTICLE HAS A NICE VIDEO WITH IT THAT’S ONLY 2 MIN LONG BUT IS A GOOD THING FOR ALL TO WATCH.
Turkey to play key role in 'One Belt, One Road
http://ift.tt/1IqO2SU
In the ancient silk road, China was the starting point, and Turkey was the end. As China now launches its "One Belt, One Road" initiative, Turkey is again taking the position as a key investment and cooperation partner that will help bridge East and West.
Located in both Asia and Europe, Turkey has long held a unique role as a cultural and economic center.
=======
MY LADIES: NOVA PLEASE PUT ONE EYE ON THIS, AND WE HAVE TO LOOK A BIT DEEPER INTO IT. A ONE BELT CLEARING PLATFORM…HUMMMM
Big data conglomerate dreams big on Silk Road http://ift.tt/1Dbwzlk
BEIJING, July 29 (Xinhuanet) -- The driving force behind China's trade growth over the next decade lies in One Belt One Road initiatives and the development of Renminbi-led cross-border clearing, said a CEO mapping out ambitious moves along the routes.
"We aim to build Silk Road stations, a Renminbi-led Visa-like cross-border payment system and a second 'Frankfurt airport' along the routes in Italy to help deliver growth," Luo Feng, CEO of IZP Technologies Group, told chinadaily.com.cn.
The country's big data processing conglomerate operates e-commerce platforms Haixuan and Globebuy and online payment arm Globebill that has been licensed to set up a card organization in Europe.
The One Belt One Road initiative needs its own clearing infrastructure, where retailers overseas can buy Chinese goods with their home currency or exchange directly for Renminbi, Luo said at the 15th Forum on Internet Media of China in Zhanjiang, Guangdong province.
===============
MY LADIES: THIS IS VERY GOOD READ, PLEASE CLICK THE LINK AND SETTLE IN FOR A BETTER UNDERSTANDING AFTER YOU READ THIS AND SEE THINGS FROM BOTH SIDES. AND LET’S SEE IF WE FIND MORE ON THE EAST RUSSIA ECONOMIC CONFERENCE IN SEPTEMBER BEING HOSTED BY PUTIN PLEASE.
Rethinking ‘one belt, one road’, though doubts linger http://ift.tt/1Dbwzlm
**
EDEE: Bloomberg - Five Things Everyone Will Be Talking About Today http://bloom.bg/1Irx2A6
MY LADIES: WELL OF THESE 5 THINGS WE ARE INRETED IN 4, TWITTER & FACEBOOK = NOT SO MUCH
1) Fed decision day
The Federal Reserve concludes a meeting on monetary policy today. Investors will be combing the post-meeting statement for signs that rates may go up at the next meeting in September.
2) Big oil beat
Total posted a better-than-expected profit in the second quarter after production and refining surged, which almost made up for the slump in crude prices.
3) Russia halts ruble rout
MY LADIES: THIS IS JUST AMAZING TO WATCH!
Russia’s central bank halted purchases of foreign currency to replenish the country’s international reserves, sending the ruble toward its biggest gain in almost three weeks. The ruble’s three-month implied volatility, a measure of exchange-rate swings, is at 19 percent, the highest globally.
4) Deals, deals, deals
MY LADIES: GLOBAL TRADE IS WHAT WE LOOK AT EVERY DAY, AND THESE NUMBERS KEEP GETTING BETTER
July isn’t even over, and yet deal making is already on track for the busiest third quarter on record: volumes are set to surpass $1 trillion.
PrincessDD: Looks like there is a new CBI announcement today. Arabic of course :( http://ift.tt/1Dbwy0H
Bandito Rox: CBI NEWS AND ANNOUNCEMENTS To / all banks ( issuing bonds futures delivery in dollars ) 07/29/2015 http://ift.tt/1ei96fB
MY LADIES: IRAQ IS ON AN OFFICIAL HEAT HOLIDAY UNTIL NEXT WEEK
Disable always on Thursday to next Sunday due to high temperatures
http://ift.tt/1IqO25n
************
TB: The heat holidays again?!?! They use that xcuse a lot!
MY LADIES: IT'S HOT HOT HOT AND THEY DON'T ALL HAVE A/C
Bandito Rox: Remember they live in a desert.. And this is the first time this year there taking a couple days off due to extreme heat conditions
Dave: Temps in Bagdad: Better sit down for this one
Wednesday Clear 119°92°
Thursday Sunny 124°91°
Friday Sunny 123°92°
Saturday Sunny 122°91°
Sunday Sunny 121°90°
Dave: wowza
MY LADIES: YEP THEY NEED A HEAT HOLIDAY...LOL..
Dave: here is death valley, close 2nd i suppose : 117 88 July 47 31
Rejoice: Our military people had to and still have to deal with those temps over there.
**********
MY LADIES: SO DO WE REMEMBER YESTERDAY I SAID I WOULD NOT BE SUORISED TO SEE IRAN STEP IN AND TRY TO SETTLE THE ISSUE BETWEEN KURDISTAN AND BAGHDAD???
WELL HERE IT IS, AND HERE THEY ARE...LOL...
Iran supports the protection of the security of Barzani's Kurdistan region and underlines the importance of relations with them http://ift.tt/1Dbwy0J
Novette: We are literally watching the dominos fall for the current 8.6-year cycle and the dominos being set up for the next one.
MY LADIES: WELL DONE...YES WE ARE AND THIS IS WHERE OUR FOCUS NEEDS TO STAY
Bandito Rox: CBI NEWS AND ANNOUNCEMENTS To / all banks ( issuing bonds futures delivery in dollars ) 07/29/2015 http://ift.tt/1ei96fB
MY LADIES: IRAQ IS ON AN OFFICIAL HEAT HOLIDAY UNTIL NEXT WEEK
Disable always on Thursday to next Sunday due to high temperatures
http://ift.tt/1IqO25n
************
TB: The heat holidays again?!?! They use that xcuse a lot!
MY LADIES: IT'S HOT HOT HOT AND THEY DON'T ALL HAVE A/C
Bandito Rox: Remember they live in a desert.. And this is the first time this year there taking a couple days off due to extreme heat conditions
Dave: Temps in Bagdad: Better sit down for this one
Wednesday Clear 119°92°
Thursday Sunny 124°91°
Friday Sunny 123°92°
Saturday Sunny 122°91°
Sunday Sunny 121°90°
Dave: wowza
MY LADIES: YEP THEY NEED A HEAT HOLIDAY...LOL..
Dave: here is death valley, close 2nd i suppose : 117 88 July 47 31
Rejoice: Our military people had to and still have to deal with those temps over there.
**********
MY LADIES: SO DO WE REMEMBER YESTERDAY I SAID I WOULD NOT BE SUORISED TO SEE IRAN STEP IN AND TRY TO SETTLE THE ISSUE BETWEEN KURDISTAN AND BAGHDAD???
WELL HERE IT IS, AND HERE THEY ARE...LOL...
Iran supports the protection of the security of Barzani's Kurdistan region and underlines the importance of relations with them http://ift.tt/1Dbwy0J
Novette: We are literally watching the dominos fall for the current 8.6-year cycle and the dominos being set up for the next one.
MY LADIES: WELL DONE...YES WE ARE AND THIS IS WHERE OUR FOCUS NEEDS TO STAY
via Dinar Recaps - Our Blog http://ift.tt/1IqO2SX
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