Part 2-KTFA
Backdoc: LET ME SAY, IMO IF THE EURO GETS A SURVIVAL CHALLENGE THIS BANK AS THE WHITE SOX ANNOUNCER CALLS IT, "HE GONE" !! TOO MUCH EURO DENOMINATED DEBT!! DOC IMO
Thunderhawk: Backdoc Alert
Deutsche Bank Sees $7 Billion Quarterly Loss on Writedowns
Deutsche Bank AG expects to report a surprise third-quarter loss of 6.2 billion euros ($7 billion) and may eliminate its dividend for the year after writing down the value of its two biggest divisions and boosting its reserve for legal costs.
....
Backdoc: LET ME SAY, IMO IF THE EURO GETS A SURVIVAL CHALLENGE THIS BANK AS THE WHITE SOX ANNOUNCER CALLS IT, "HE GONE" !! TOO MUCH EURO DENOMINATED DEBT!! DOC IMO
Thunderhawk: Backdoc Alert
Deutsche Bank Sees $7 Billion Quarterly Loss on Writedowns
Deutsche Bank AG expects to report a surprise third-quarter loss of 6.2 billion euros ($7 billion) and may eliminate its dividend for the year after writing down the value of its two biggest divisions and boosting its reserve for legal costs.
....
The estimates, announced in a statement Wednesday, are part of a strategy that co-Chief Executive Officer John Cryan will present Oct. 29 as he looks to shore up capital and boost profitability at Europe’s biggest investment bank. Deutsche Bank’s American depositary receipts tumbled 6.4 percent after the disclosure to $26.96 at 4:22 p.m. in extended trading in New York.
The firm said it’s taking a 5.8 billion-euro writedown of goodwill and intangible assets as higher capital requirements reduce the value of its investment bank and it adjusts the estimate of what it will receive in the disposal of its Postbank unit. The Frankfurt-based lender also is adding about 1.2 billion euros to its litigation reserves.
http://ift.tt/1LlFuOu
************
Backdoc: YES MY FRIENDS OIL WILL BE POLITICALLY STABILIZED BUT IT MIGHT NOT BE A SMOOTH TRANSITION!
THIS CURRENCY HAS BEEN AND WILL CONTINUE TO BE DEFLATIONARY! CURRENCIES WILL HAVE TO ADJUST TO LOWER PRICES FOR YEARS TO COME!
REMEMBER 60.00 PER BARREL IS LOW COMPARED TO THE PEAK OF 110.00 PER BARREL! DOC IMO
*************
Thunderhawk: Backdoc Alert
Four Ways the Oil Price Crash Is Hurting the Global Economy
Remember when the oil price plunge was going to be a huge economic tailwind?
Lower oil prices were roundly celebrated as a tailwind for global growth.
In theory, the movement of wealth from commodity producers, which often stow away oil revenue in sovereign wealth funds, to consumers, which spend a far larger portion of their income, is a positive for economic activity.
But strategists at Credit Suisse believe that so far, the global economy has seen only the storm from lower crude, not the rainbow that follows.
"The fall in the oil price was considered by many investors, and ourselves, to be a significant positive for global GDP growth," a team led by global equity strategist Andrew Garthwaite admitted.
The net effect of this development, according to their calculations, has turned out to be a 0.2 percent hit to the global economy.
The negative effects of lower oil—namely the large-scale cuts to capital expenditures—are having a large and immediate impact on global gross domestic product.
http://ift.tt/1OmzTOM
************
Backdoc: COULD THIS BE THE TRIGGER TO AN ACCIDENT ON PURPOSE? WE WATCH!! DOC IMO
************
Thunderhawk: Backdoc Alert
Banks' Glencore Exposure Is a $100 Billion `Gorilla,' BofA Says
Global financial firms’ estimated $100 billion or more exposure to Glencore Plc may draw more scrutiny as regulatory stress tests approach after the commodity giant’s stock plunge this year, according to Bank of America Corp.
Bank shareholders and regulators may be concerned that Glencore’s debt and trade finance deals, of which a “significant majority” are unsecured, will reveal higher-than-expected risk and require more capital once the lenders are put through U.S. and U.K. stress tests, BofA analysts said Wednesday.
Adding an estimated $50 billion of committed lines to the company’s own reported gross debt, the analysts say financial firms’ exposure may be three times larger than Glencore’s reported adjusted net debt of less than $30 billion.
“The banking industry may have significantly more exposure to Glencore than is generally appreciated in the market,” analysts including Alastair Ryan and Michael Helsby said in a note titled “The $100 Billion Gorilla In the Room.” The commodity-price bust and “stress in Glencore’s share price and debt spreads may spur a review by investors, supervisors and bank management,” while “bank shareholders may pressure managements to reduce exposures,” they said.
************
Backdoc: WELCOME TO THE POWER OF THE NEW GLOBAL REALITY !!!!
THIS CHANGES EVERYTHING ON TRADE! THIS IS CONTROL 101 !!!!!!! DOC IMO
FRANK I DESERVE A COOKIE FOR THIS ONE!!!
GREAT FIND THUNDER!! BAMM!
************
powerofprayer BACKDOC, Customs, what about TSA, DHS?
Backdoc: TSA I BELIEVE WILL BE FOCUSED ON PEOPLE SURVEILLANCE IN AIRPORTS AND ARE UNDER GREAT SCRUTINY PRESENTLY!
DHS MAY BE ELIMINATED SOON SO SAYS RUMORS! WE WATCH! DOC IMO
************
Thunderhawk: Customs will have the power to hold goods under TPP
Customs will be given new powers to hold goods at the border that they suspect breach copyright or trade marks under the Trans Pacific Partnership.
And those who find themselves on trade mark infringement charges could pay more, with New Zealand courts to be given new discretion to award additional damages.
Those penalties would come on top of the compensatory damages already provided for under New Zealand law for trade mark infringement.
TPP will also require a new 'patent linkage' system to be established, where a pharmaceutical patent holder would be notified if a generic version of their product is submitted to Medsafe for regulatory approval.
New details on the TPP were released by the Ministry of Foreign Affairs and Trade (Mfat) today in the form of fact sheets, including one on intellectual property.
Customs will need to be given new powers that would allow it to act on its own initiative to temporarily detain material suspected of breaching copyright and trade marks.
The Government has also agreed to extend existing laws on technological protection measures (TPMs).
TPMs are technical locks copyright owners use to guard or restrict the use of their material stored in digital format, such as encryption software.
Currently it has not been a criminal offence to circumvent a TPM, but it is to engage in large-scale commercial dealing in devices or other means to enable people to do so.
New requirements under the TPP are to provide civil and criminal penalties against people breaking TPMs - not just those dealing in devices that allow them to be skirted.
There will, however, be clear exceptions in cases where there is no copyright issue - for example, if someone plays region-coded DVDs legally purchased while overseas.
The exceptions are not set out in the TPP - they will be decided by the Government during implementation.
The new 'patent linkage' system to be established would notify pharmaceutical patent holders of generic versions of their product submitted to Medsafe, and give them enough time to seek preliminary injunctions to stop drugs entering the New Zealand market.
The resolution of disputes would remain a matter for the courts, not Medsafe.
An exception already in New Zealand law, that allows the use of a patented pharmaceutical to try and get regulatory approval for a generic version, will remain.
New Zealand has also agreed transition its 50-year copyright period to 70 years.
That will mean New Zealand consumers and businesses will forego savings they otherwise would have made from works such as books, music and films coming off copyright earlier.
The Government still estimates the long-term average annual cost to be around $55 million.
There will be no major changes to how liable internet service providers are for copyright infringements. There had been fears from some internet user groups that the TPP would make ISPs terminate accounts or take other action against users.
http://ift.tt/1FUKu0M
************
Backdoc: STAGNATION IS NOT GOING TO BE INFLATION FOR SURE!
I'M SURE THEY ARE WORRIED ABOUT DEFLATION!
GET THOSE OIL PRICES UP A LITTLE AND IT WILL HELP BUT THAT MAY NOT BE AS QUICK AS SOME HOPE FOR!! DOC IMO
************
Thunderhawk: IMF Warns World Financial System Faces Risk from Emerging Markets
In its most recent Global Financial Stability Report, the International Monetary Fund warned that emerging markets could be a source of instability. This is mainly due to weaker commodity prices, slower economic growth, share market volatility, and high levels of company debt. The end result could be a global economic output cut of 3 percent.
The report calculated that companies and banks in the developing countries had over-borrowed an estimated 3.3 trillion in US Dollars. If the Federal Reserve raises its interest rate, emerging markets will become vulnerable to higher borrowing costs.
The IMF singled out China as the main country of concern as it modernizes its economy. According to the IMF, “The Chinese authorities face an unprecedented policy challenge in carrying out their objectives to make the transition to a new growth model and a more market-based financial system.” In response to this statement, PBOC’s deputy governor Yi Gang said not to worry as China will “pretty much” still have middle-to-high growth in the near future.
http://ift.tt/1R17j36
************
Backdoc: MOVE OVER SDR!! MAKE ROOM FOR CHINA IN NOVEMBER!!
NOW WHO GETS KICKED OUT? MMMM MAYBE THE EURO??? MMMM DOC IMO
************
Thunderhawk: China adopts IMF statistical benchmark, improves transparency
BEIJING, Oct. 8 (Xinhua) -- China's official statistics will conform to the Special Data Dissemination Standards (SDDS), a statistical system created by the International Monetary Fund (IMF) to improve transparency, the central bank has announced.
With approval from the State Council, China's cabinet, People's Bank of China (PBOC) Governor Zhou Xiaochuan informed IMF Managing Director Christine Lagarde of China's decision, the central bank announced on Thursday morning.
Since 2002, China has used the General Data Dissemination System (GDDS), which the IMF set up in December 1997 to provide a framework for countries to adapt and improve their statistical systems.
The GDDS applies to all IMF members, while the SDDS applies to member countries that have or are seeking access to international markets.
The SDDS was started by the IMF in 1996 to help it gain access to regular economic and financial statistics and assist participating countries in crafting updated economic policies and gaining access to financial markets.
Chinese President Xi Jinping promised last November at the Brisbane G20 Summit that China would switch to the SDDS.
In the past year, China's central economic agencies, including the National Bureau of Statistics, the PBOC and the Ministry of Finance, have worked to meet the IMF's SDDS statistics requirements.
The adoption of SDDS is a necessary step in reform and opening up, which will further improve China's statistical transparency, credibility and comparability among different economies, the PBOC said.
On Wednesday in Peruvian capital Lima, PBOC Deputy Governor Yi Gang and David Lipton, first deputy managing director of the IMF, attended a ceremony to celebrate China's adoption of the SDDS.
At the ceremony, Yi said China and the IMF have been working together to improve China's statistics for many years, and subscribing to the SDDS is another milestone in the collaboration.
"We are committed to strengthening our statistical system and enhancing transparency, as this is not only crucial for our own policy making, but also beneficial for a better understanding of the Chinese economy by the outside world," Yi said.
The IMF welcomed the move, calling it "an important advance." Lipton said adhering to the SDDS shows "China's strong commitment to transparency as well as to the adoption of international best practices in statistics."
The United States also welcomed China's commitment to release economic data in accordance with the SDDS by the end of the year and China's continued efforts to enhance transparency.
China recognizes the importance to successful RMB internationalization of meeting the transparency standards of other major reserve currencies.
The consensus between the world's top two economies was one of important results arising from President Xi's state visit to the U.S. late last month.
http://ift.tt/1FUKu0O
************
Backdoc: WOW! ANOTHER GLOBAL FUNDING SOURCE!
THIS WILL BE THEIR AGENDA TO CREATE A GLOBAL TAX! THE NEW GLOBAL EMPIRE WILL NEED MONEY HONEY! DOC IMO
************
Pappa-J: HUUUMMM , MAYBE THIS IS FIRST SIGNS OF PARALLEL MONEY SYSTEM THAT I SUGGESTED WEEKS BACK ----
WTO, IMF CONTROLS TRADE NATIONS BECOME DOWN TRACE OF MONEY STREAM ,---- CONTROL THE MONEY CONTROL THE NATION ---
IMO A LOT BETTER THAN JUST CONTROLING THE CENTRAL BANKS ,NOW THEY GOY THE WHOLE COOKIE AAAANNND FRANKIE THEY AINT GONNA SHARE THIS ONE WITH YOU PJ
************
Thunderhawk: Now ‘right moment’ for carbon tax: IMF chief Christine Lagarde
The time is right for governments to introduce taxes on carbon emissions, which would help fight global warming and raise badly needed revenue, IMF chief Christine Lagarde has said.
The time is right for governments to introduce taxes on carbon emissions, which would help fight global warming and raise badly needed revenue, IMF chief Christine Lagarde has said.
“It is just the right moment to introduce carbon taxes,” Lagarde said at the annual meetings of the International Monetary Fund and World Bank in Lima, Peru yesterday.
http://ift.tt/1Mfw6Nj
************
Backdoc: NOW THIS IS WHERE THE DINAR GOLDEN CHILD WILL MAKE A DIFFERENCE!
WHEN THAT TYRANT MALIKI IS ARRESTED, LAWS ARE IMPLEMENTED, AND THOSE PESKY ZEROS GET FINALLY LIFTED VERY SOON, WE WILL SEE THE GLOBAL RESET TAKE ON NEW LIFE!
DOC IMO
************
Thunderhawk: China's slowdown effects global economy: IMF
China's slowdown has repercussions on the global economy, but the impact will be greater in countries that have greater trade exposures with the world's second-largest economy, the IMF has said.
"What happens in China has repercussions for the entire world economy. These repercussions are greater in countries that trade with China or that depend on exports which China consumes very intensively," said Maurice Obstfeld, IMF Economic Counsellor and Director of Research Department.
http://ift.tt/1R17lIe
The firm said it’s taking a 5.8 billion-euro writedown of goodwill and intangible assets as higher capital requirements reduce the value of its investment bank and it adjusts the estimate of what it will receive in the disposal of its Postbank unit. The Frankfurt-based lender also is adding about 1.2 billion euros to its litigation reserves.
http://ift.tt/1LlFuOu
************
Backdoc: YES MY FRIENDS OIL WILL BE POLITICALLY STABILIZED BUT IT MIGHT NOT BE A SMOOTH TRANSITION!
THIS CURRENCY HAS BEEN AND WILL CONTINUE TO BE DEFLATIONARY! CURRENCIES WILL HAVE TO ADJUST TO LOWER PRICES FOR YEARS TO COME!
REMEMBER 60.00 PER BARREL IS LOW COMPARED TO THE PEAK OF 110.00 PER BARREL! DOC IMO
*************
Thunderhawk: Backdoc Alert
Four Ways the Oil Price Crash Is Hurting the Global Economy
Remember when the oil price plunge was going to be a huge economic tailwind?
Lower oil prices were roundly celebrated as a tailwind for global growth.
In theory, the movement of wealth from commodity producers, which often stow away oil revenue in sovereign wealth funds, to consumers, which spend a far larger portion of their income, is a positive for economic activity.
But strategists at Credit Suisse believe that so far, the global economy has seen only the storm from lower crude, not the rainbow that follows.
"The fall in the oil price was considered by many investors, and ourselves, to be a significant positive for global GDP growth," a team led by global equity strategist Andrew Garthwaite admitted.
The net effect of this development, according to their calculations, has turned out to be a 0.2 percent hit to the global economy.
The negative effects of lower oil—namely the large-scale cuts to capital expenditures—are having a large and immediate impact on global gross domestic product.
http://ift.tt/1OmzTOM
************
Backdoc: COULD THIS BE THE TRIGGER TO AN ACCIDENT ON PURPOSE? WE WATCH!! DOC IMO
************
Thunderhawk: Backdoc Alert
Banks' Glencore Exposure Is a $100 Billion `Gorilla,' BofA Says
Global financial firms’ estimated $100 billion or more exposure to Glencore Plc may draw more scrutiny as regulatory stress tests approach after the commodity giant’s stock plunge this year, according to Bank of America Corp.
Bank shareholders and regulators may be concerned that Glencore’s debt and trade finance deals, of which a “significant majority” are unsecured, will reveal higher-than-expected risk and require more capital once the lenders are put through U.S. and U.K. stress tests, BofA analysts said Wednesday.
Adding an estimated $50 billion of committed lines to the company’s own reported gross debt, the analysts say financial firms’ exposure may be three times larger than Glencore’s reported adjusted net debt of less than $30 billion.
“The banking industry may have significantly more exposure to Glencore than is generally appreciated in the market,” analysts including Alastair Ryan and Michael Helsby said in a note titled “The $100 Billion Gorilla In the Room.” The commodity-price bust and “stress in Glencore’s share price and debt spreads may spur a review by investors, supervisors and bank management,” while “bank shareholders may pressure managements to reduce exposures,” they said.
************
Backdoc: WELCOME TO THE POWER OF THE NEW GLOBAL REALITY !!!!
THIS CHANGES EVERYTHING ON TRADE! THIS IS CONTROL 101 !!!!!!! DOC IMO
FRANK I DESERVE A COOKIE FOR THIS ONE!!!
GREAT FIND THUNDER!! BAMM!
************
powerofprayer BACKDOC, Customs, what about TSA, DHS?
Backdoc: TSA I BELIEVE WILL BE FOCUSED ON PEOPLE SURVEILLANCE IN AIRPORTS AND ARE UNDER GREAT SCRUTINY PRESENTLY!
DHS MAY BE ELIMINATED SOON SO SAYS RUMORS! WE WATCH! DOC IMO
************
Thunderhawk: Customs will have the power to hold goods under TPP
Customs will be given new powers to hold goods at the border that they suspect breach copyright or trade marks under the Trans Pacific Partnership.
And those who find themselves on trade mark infringement charges could pay more, with New Zealand courts to be given new discretion to award additional damages.
Those penalties would come on top of the compensatory damages already provided for under New Zealand law for trade mark infringement.
TPP will also require a new 'patent linkage' system to be established, where a pharmaceutical patent holder would be notified if a generic version of their product is submitted to Medsafe for regulatory approval.
New details on the TPP were released by the Ministry of Foreign Affairs and Trade (Mfat) today in the form of fact sheets, including one on intellectual property.
Customs will need to be given new powers that would allow it to act on its own initiative to temporarily detain material suspected of breaching copyright and trade marks.
The Government has also agreed to extend existing laws on technological protection measures (TPMs).
TPMs are technical locks copyright owners use to guard or restrict the use of their material stored in digital format, such as encryption software.
Currently it has not been a criminal offence to circumvent a TPM, but it is to engage in large-scale commercial dealing in devices or other means to enable people to do so.
New requirements under the TPP are to provide civil and criminal penalties against people breaking TPMs - not just those dealing in devices that allow them to be skirted.
There will, however, be clear exceptions in cases where there is no copyright issue - for example, if someone plays region-coded DVDs legally purchased while overseas.
The exceptions are not set out in the TPP - they will be decided by the Government during implementation.
The new 'patent linkage' system to be established would notify pharmaceutical patent holders of generic versions of their product submitted to Medsafe, and give them enough time to seek preliminary injunctions to stop drugs entering the New Zealand market.
The resolution of disputes would remain a matter for the courts, not Medsafe.
An exception already in New Zealand law, that allows the use of a patented pharmaceutical to try and get regulatory approval for a generic version, will remain.
New Zealand has also agreed transition its 50-year copyright period to 70 years.
That will mean New Zealand consumers and businesses will forego savings they otherwise would have made from works such as books, music and films coming off copyright earlier.
The Government still estimates the long-term average annual cost to be around $55 million.
There will be no major changes to how liable internet service providers are for copyright infringements. There had been fears from some internet user groups that the TPP would make ISPs terminate accounts or take other action against users.
http://ift.tt/1FUKu0M
************
Backdoc: STAGNATION IS NOT GOING TO BE INFLATION FOR SURE!
I'M SURE THEY ARE WORRIED ABOUT DEFLATION!
GET THOSE OIL PRICES UP A LITTLE AND IT WILL HELP BUT THAT MAY NOT BE AS QUICK AS SOME HOPE FOR!! DOC IMO
************
Thunderhawk: IMF Warns World Financial System Faces Risk from Emerging Markets
In its most recent Global Financial Stability Report, the International Monetary Fund warned that emerging markets could be a source of instability. This is mainly due to weaker commodity prices, slower economic growth, share market volatility, and high levels of company debt. The end result could be a global economic output cut of 3 percent.
The report calculated that companies and banks in the developing countries had over-borrowed an estimated 3.3 trillion in US Dollars. If the Federal Reserve raises its interest rate, emerging markets will become vulnerable to higher borrowing costs.
The IMF singled out China as the main country of concern as it modernizes its economy. According to the IMF, “The Chinese authorities face an unprecedented policy challenge in carrying out their objectives to make the transition to a new growth model and a more market-based financial system.” In response to this statement, PBOC’s deputy governor Yi Gang said not to worry as China will “pretty much” still have middle-to-high growth in the near future.
http://ift.tt/1R17j36
************
Backdoc: MOVE OVER SDR!! MAKE ROOM FOR CHINA IN NOVEMBER!!
NOW WHO GETS KICKED OUT? MMMM MAYBE THE EURO??? MMMM DOC IMO
************
Thunderhawk: China adopts IMF statistical benchmark, improves transparency
BEIJING, Oct. 8 (Xinhua) -- China's official statistics will conform to the Special Data Dissemination Standards (SDDS), a statistical system created by the International Monetary Fund (IMF) to improve transparency, the central bank has announced.
With approval from the State Council, China's cabinet, People's Bank of China (PBOC) Governor Zhou Xiaochuan informed IMF Managing Director Christine Lagarde of China's decision, the central bank announced on Thursday morning.
Since 2002, China has used the General Data Dissemination System (GDDS), which the IMF set up in December 1997 to provide a framework for countries to adapt and improve their statistical systems.
The GDDS applies to all IMF members, while the SDDS applies to member countries that have or are seeking access to international markets.
The SDDS was started by the IMF in 1996 to help it gain access to regular economic and financial statistics and assist participating countries in crafting updated economic policies and gaining access to financial markets.
Chinese President Xi Jinping promised last November at the Brisbane G20 Summit that China would switch to the SDDS.
In the past year, China's central economic agencies, including the National Bureau of Statistics, the PBOC and the Ministry of Finance, have worked to meet the IMF's SDDS statistics requirements.
The adoption of SDDS is a necessary step in reform and opening up, which will further improve China's statistical transparency, credibility and comparability among different economies, the PBOC said.
On Wednesday in Peruvian capital Lima, PBOC Deputy Governor Yi Gang and David Lipton, first deputy managing director of the IMF, attended a ceremony to celebrate China's adoption of the SDDS.
At the ceremony, Yi said China and the IMF have been working together to improve China's statistics for many years, and subscribing to the SDDS is another milestone in the collaboration.
"We are committed to strengthening our statistical system and enhancing transparency, as this is not only crucial for our own policy making, but also beneficial for a better understanding of the Chinese economy by the outside world," Yi said.
The IMF welcomed the move, calling it "an important advance." Lipton said adhering to the SDDS shows "China's strong commitment to transparency as well as to the adoption of international best practices in statistics."
The United States also welcomed China's commitment to release economic data in accordance with the SDDS by the end of the year and China's continued efforts to enhance transparency.
China recognizes the importance to successful RMB internationalization of meeting the transparency standards of other major reserve currencies.
The consensus between the world's top two economies was one of important results arising from President Xi's state visit to the U.S. late last month.
http://ift.tt/1FUKu0O
************
Backdoc: WOW! ANOTHER GLOBAL FUNDING SOURCE!
THIS WILL BE THEIR AGENDA TO CREATE A GLOBAL TAX! THE NEW GLOBAL EMPIRE WILL NEED MONEY HONEY! DOC IMO
************
Pappa-J: HUUUMMM , MAYBE THIS IS FIRST SIGNS OF PARALLEL MONEY SYSTEM THAT I SUGGESTED WEEKS BACK ----
WTO, IMF CONTROLS TRADE NATIONS BECOME DOWN TRACE OF MONEY STREAM ,---- CONTROL THE MONEY CONTROL THE NATION ---
IMO A LOT BETTER THAN JUST CONTROLING THE CENTRAL BANKS ,NOW THEY GOY THE WHOLE COOKIE AAAANNND FRANKIE THEY AINT GONNA SHARE THIS ONE WITH YOU PJ
************
Thunderhawk: Now ‘right moment’ for carbon tax: IMF chief Christine Lagarde
The time is right for governments to introduce taxes on carbon emissions, which would help fight global warming and raise badly needed revenue, IMF chief Christine Lagarde has said.
The time is right for governments to introduce taxes on carbon emissions, which would help fight global warming and raise badly needed revenue, IMF chief Christine Lagarde has said.
“It is just the right moment to introduce carbon taxes,” Lagarde said at the annual meetings of the International Monetary Fund and World Bank in Lima, Peru yesterday.
http://ift.tt/1Mfw6Nj
************
Backdoc: NOW THIS IS WHERE THE DINAR GOLDEN CHILD WILL MAKE A DIFFERENCE!
WHEN THAT TYRANT MALIKI IS ARRESTED, LAWS ARE IMPLEMENTED, AND THOSE PESKY ZEROS GET FINALLY LIFTED VERY SOON, WE WILL SEE THE GLOBAL RESET TAKE ON NEW LIFE!
DOC IMO
************
Thunderhawk: China's slowdown effects global economy: IMF
China's slowdown has repercussions on the global economy, but the impact will be greater in countries that have greater trade exposures with the world's second-largest economy, the IMF has said.
"What happens in China has repercussions for the entire world economy. These repercussions are greater in countries that trade with China or that depend on exports which China consumes very intensively," said Maurice Obstfeld, IMF Economic Counsellor and Director of Research Department.
http://ift.tt/1R17lIe
Backdoc: THE FINANCIAL DISTORTIONS ARE GETTING WORSE THE LONGER THE FED STAYS PINNED IN A CORNER UNABLE TO MOVE! WITH JOB LAYOFFS BEGINNING TO BE IMPLEMENTED THE FED IS DEAD!
BRING US THE GLOBAL MONETARY REFORM AND WAKE US UP FROM THIS BAD DREAM!! DOC IMO
************
Thunderhawk: US Federal Reserve ‘Should Wait’ on Raising Interest Rate
IMF Monetary and Capital Markets Department Director Jose Vinals said that amid more uncertainty in the global economy, it is the IMF's judgement that the Federal Reserve should wait to increase policy rates until there are further signs of inflation rising steadily towards its objective with continued strength in the labor market.
The US Federal Reserve should postpone an interest rate increase as uncertainty in the global economy continues to exist, IMF Monetary and Capital Markets Department Director Jose Vinals said in a press conference on Wednesday.
"Amid more uncertainty in the global economy, it is our judgement that Federal Reserve should wait to increase policy rates until there are further signs of inflation rising steadily towards its objective with continued strength in the labor market," Vinals said.
In September, the US Federal Open Market Committee, a body that operates under the Federal Reserve, announced it would keep the interest rate unchanged at 0 to 0.25 percent range.
Federal Reserve Chair Janet Yellen said increasing the interest rate will depend on wide range of economic and financial indicators, including progress towards the 2 percent inflation target and improved labor market conditions.
Yellen also noted that the longer the Federal Reserve waits in increasing the interest rate, the steeper subsequent rates increases will be.
Vinals, however, urged the US authorities to adhere to gradual changes in the further rates hike.
"The pace of subsequent policy rates increases should be gradual and well-communicated," he argued.
The Federal Reserve has previously stated that an interest rate increase could take place before the end of 2015.
http://ift.tt/1QZqvOz
**
Backdoc: GOOD NIGHT ALL!
Thunderhawk: END KTFA'S GLOBAL EYE NEWS NETWORK
BRING US THE GLOBAL MONETARY REFORM AND WAKE US UP FROM THIS BAD DREAM!! DOC IMO
************
Thunderhawk: US Federal Reserve ‘Should Wait’ on Raising Interest Rate
IMF Monetary and Capital Markets Department Director Jose Vinals said that amid more uncertainty in the global economy, it is the IMF's judgement that the Federal Reserve should wait to increase policy rates until there are further signs of inflation rising steadily towards its objective with continued strength in the labor market.
The US Federal Reserve should postpone an interest rate increase as uncertainty in the global economy continues to exist, IMF Monetary and Capital Markets Department Director Jose Vinals said in a press conference on Wednesday.
"Amid more uncertainty in the global economy, it is our judgement that Federal Reserve should wait to increase policy rates until there are further signs of inflation rising steadily towards its objective with continued strength in the labor market," Vinals said.
In September, the US Federal Open Market Committee, a body that operates under the Federal Reserve, announced it would keep the interest rate unchanged at 0 to 0.25 percent range.
Federal Reserve Chair Janet Yellen said increasing the interest rate will depend on wide range of economic and financial indicators, including progress towards the 2 percent inflation target and improved labor market conditions.
Yellen also noted that the longer the Federal Reserve waits in increasing the interest rate, the steeper subsequent rates increases will be.
Vinals, however, urged the US authorities to adhere to gradual changes in the further rates hike.
"The pace of subsequent policy rates increases should be gradual and well-communicated," he argued.
The Federal Reserve has previously stated that an interest rate increase could take place before the end of 2015.
http://ift.tt/1QZqvOz
**
Backdoc: GOOD NIGHT ALL!
Thunderhawk: END KTFA'S GLOBAL EYE NEWS NETWORK
via Dinar Recaps - Our Blog http://ift.tt/1FUKw8S
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