Stage3alpha:
EXOGEN: THE GLOBAL SWIFT SYSTEM CIRCUMVENT IS OFFICIALLY LIVE AND ACTIVATED BY CHINA
History has just been made today as the NEW
China International Payment System (CIPS) has been activated to circumvent & bypass the global SWIFT System using the YUAN.
This is the OFFICIAL restructuring of the Global Banking & Financial Architecture.
Pay close attention to EM's, BRICS, AIIB and Russia and China's NEXT MOVE!!!!
Global Order is about to be RESTORED
....
EXOGEN: THE GLOBAL SWIFT SYSTEM CIRCUMVENT IS OFFICIALLY LIVE AND ACTIVATED BY CHINA
History has just been made today as the NEW
China International Payment System (CIPS) has been activated to circumvent & bypass the global SWIFT System using the YUAN.
This is the OFFICIAL restructuring of the Global Banking & Financial Architecture.
Pay close attention to EM's, BRICS, AIIB and Russia and China's NEXT MOVE!!!!
Global Order is about to be RESTORED
....
************
China Launches Yuan-Based International Payment System
REUTERS/ David Gray/Files 20:14 08.10.2015Get short URL
Up to 19 major banks were named as direct participants in CIPS, with 38 Chinese banks and up to 140 foreign financial institutions named as indirect participants.
MOSCOW (Sputnik) – China launched the first phase of its China International Payment System (CIPS) in Shanghai on Thursday, allowing cross-border transactions in the Chinese national currency, the yuan.
CIPS’ first phase provides clearing and settlement services, according to the People’s Bank of China announcement. Its launch is said to remove hurdles to the yuan’s internationalization by reducing transaction costs and processing times.
Up to 19 major banks were named as direct participants in CIPS, with 38 Chinese banks and up to 140 foreign financial institutions named as indirect participants.
The launch bolsters China’s efforts to join the International Monetary Fund’s (IMF) Special Drawing Rights (SDR) basket. An announcement on the State Council’s website cited SWIFT transaction services data as calling the yuan one of the world’s top five payment currencies last November.
CIPS is vying to overtake SWIFT in the region. Developed and administered by the People’s Bank, the system operates from 9 am to 8 pm Beijing time (01:00-12:00 GMT).
Local media reported that the Beijing-based Industrial and Commercial Bank of China (ICBC), one of the 19 direct CIPS participants, has cleared its first transaction of 35 million yuan ($5.5 million) in Singapore.
Another direct participant, Standard Chartered Bank said it had also cleared its first transaction with the Swedish home furnishing retailer IKEA through CIPS.
Additionally, China has adopted the IMF's Special Data Dissemination Standard (SDDS), a move also seen to further internationalize the yuan
Read more: http://ift.tt/1jetsQB
************
TNT:
Dragonfly14: SO CAL Bank Story Update Just off the phone with a Private Banker, one of the big four, in southern California ......... He was 100% open and willing to share all he knew. Basically, there are four exchange locations in the county....... And they are ready and waiting like we are. Starting to get a little excited!
Elmerf123456: Been on a ton of intel calls so not much time for anything else. This is and has always been about derivatives of us I told you before. This is and has always been about derivatives Evans I told you before Deutsche Bank was a big clue yesterday.
Deutsche Bank was a big clue yesterday how do you go from the previous quarter with a $1 billion profit to the next quarter with the $9 billion loss? Answer burning off the derivatives! Glenncor is another example
If you remember I said follow the money and the money will tell the truth
Things are escalating very quickly now and I'll bet more negative news with the banks prepared a lock and load because this thing is going to come to a stop they have no choice otherwise
RedBaron: Elmer; I've seen a chart where the top 4 banks have $212T in D's! that's a problem by any stretch of the imagination....
Elmerf123456: Derevitives have to be marked down to market which means written off. They are 240 times the amount of the total currency in the world so there isn't any checkbook that could possibly absorb that. Yes Ab in my very good and well informed Opinion.
Doc: Wells does not have the derivitive problem the other big banks have. I discussed this with WM at Wells
NoNo: AB - Elmer... anyone ----------- isnt the derivatives part of the unintended consequense of the FIAT money paradigm?
Elmerf123456: Nono the Derevitives is what has caused the Death of the Fiat system for sure… The vehicle for mass manipulation. Don't have money? Print more.
NoNo: Elmer - that makes sense... uncontrolled dumping of funny money into the market had to have consequenses at some point, and an unrestrained spending mentality over decades of 'worry about it later' can kicking just couldnt sustain it...
Elmerf123456: Example... How do you go a previous qtr with a billion in profit and the next qtr with a 9 Billion Loss? Hmmm because of the Derevitives burned off. More banks to follow suits and funds as in a domino effect. Yes this is my opinion but we are seeing hard proof now with The hint Deutsche Bank just gave us
NoNo: Elmer - I've been watching the ME, not the US/Global Banking system... Deutsche Bank just took a hit? how, by writing off that much in D's,~????
Elmerf123456: Nono yes yes
Rrrr: awesome news for dinarians... http://ift.tt/1NqYBNR isis-taking-the-lead-on-what-obama-could-have-done-a-long-time-ago/
*******************************
KTFA:
China Launches Yuan-Based International Payment System
REUTERS/ David Gray/Files 20:14 08.10.2015Get short URL
Up to 19 major banks were named as direct participants in CIPS, with 38 Chinese banks and up to 140 foreign financial institutions named as indirect participants.
MOSCOW (Sputnik) – China launched the first phase of its China International Payment System (CIPS) in Shanghai on Thursday, allowing cross-border transactions in the Chinese national currency, the yuan.
CIPS’ first phase provides clearing and settlement services, according to the People’s Bank of China announcement. Its launch is said to remove hurdles to the yuan’s internationalization by reducing transaction costs and processing times.
Up to 19 major banks were named as direct participants in CIPS, with 38 Chinese banks and up to 140 foreign financial institutions named as indirect participants.
The launch bolsters China’s efforts to join the International Monetary Fund’s (IMF) Special Drawing Rights (SDR) basket. An announcement on the State Council’s website cited SWIFT transaction services data as calling the yuan one of the world’s top five payment currencies last November.
CIPS is vying to overtake SWIFT in the region. Developed and administered by the People’s Bank, the system operates from 9 am to 8 pm Beijing time (01:00-12:00 GMT).
Local media reported that the Beijing-based Industrial and Commercial Bank of China (ICBC), one of the 19 direct CIPS participants, has cleared its first transaction of 35 million yuan ($5.5 million) in Singapore.
Another direct participant, Standard Chartered Bank said it had also cleared its first transaction with the Swedish home furnishing retailer IKEA through CIPS.
Additionally, China has adopted the IMF's Special Data Dissemination Standard (SDDS), a move also seen to further internationalize the yuan
Read more: http://ift.tt/1jetsQB
************
TNT:
Dragonfly14: SO CAL Bank Story Update Just off the phone with a Private Banker, one of the big four, in southern California ......... He was 100% open and willing to share all he knew. Basically, there are four exchange locations in the county....... And they are ready and waiting like we are. Starting to get a little excited!
Elmerf123456: Been on a ton of intel calls so not much time for anything else. This is and has always been about derivatives of us I told you before. This is and has always been about derivatives Evans I told you before Deutsche Bank was a big clue yesterday.
Deutsche Bank was a big clue yesterday how do you go from the previous quarter with a $1 billion profit to the next quarter with the $9 billion loss? Answer burning off the derivatives! Glenncor is another example
If you remember I said follow the money and the money will tell the truth
Things are escalating very quickly now and I'll bet more negative news with the banks prepared a lock and load because this thing is going to come to a stop they have no choice otherwise
RedBaron: Elmer; I've seen a chart where the top 4 banks have $212T in D's! that's a problem by any stretch of the imagination....
Elmerf123456: Derevitives have to be marked down to market which means written off. They are 240 times the amount of the total currency in the world so there isn't any checkbook that could possibly absorb that. Yes Ab in my very good and well informed Opinion.
Doc: Wells does not have the derivitive problem the other big banks have. I discussed this with WM at Wells
NoNo: AB - Elmer... anyone ----------- isnt the derivatives part of the unintended consequense of the FIAT money paradigm?
Elmerf123456: Nono the Derevitives is what has caused the Death of the Fiat system for sure… The vehicle for mass manipulation. Don't have money? Print more.
NoNo: Elmer - that makes sense... uncontrolled dumping of funny money into the market had to have consequenses at some point, and an unrestrained spending mentality over decades of 'worry about it later' can kicking just couldnt sustain it...
Elmerf123456: Example... How do you go a previous qtr with a billion in profit and the next qtr with a 9 Billion Loss? Hmmm because of the Derevitives burned off. More banks to follow suits and funds as in a domino effect. Yes this is my opinion but we are seeing hard proof now with The hint Deutsche Bank just gave us
NoNo: Elmer - I've been watching the ME, not the US/Global Banking system... Deutsche Bank just took a hit? how, by writing off that much in D's,~????
Elmerf123456: Nono yes yes
Rrrr: awesome news for dinarians... http://ift.tt/1NqYBNR isis-taking-the-lead-on-what-obama-could-have-done-a-long-time-ago/
*******************************
KTFA:
Aggiedad77: For starters, if someone posted this before, I apologize
Frank could this describe "red hot" that some were asking you about
Frank26: I have walked on lava ........... My shoes melted. IMO ........ This is us.
************
Dnari131: Three presidencies agree to proceed with the reforms and their implementation October 8, 2015
BAGHDAD / News Network Iraq agreed three presidencies to form a preparatory committee shall undertake practical steps for reconciliation Aloutnah.ozkr presidential statement: "The President of the Republic Fuad Masum, the Prime Minister Haider al-Abadi and Parliament Speaker Salim al-Jubouri, gathered at the Peace Palace in Baghdad on Wednesday evening, and was During the meeting, they discussed security and economic situation and file reforms and ways to strengthen the work of state institutions and ways to expedite the passage of the necessary legislation ".
oabbar The participants expressed their support for the steps that meet the interests of the Iraqi people to accomplish what was voted on government reforms and Alberlmanah.ouhaa meeting victories achieved by our armed forces against al Daash terrorist and edit dozens of regions and towns in Anbar and Kirkuk, and praised the military determination of the Iraqi army and security forces and the crowd and popular Peshmerga and the sons of Ashair.autam agree on "the formation of a preparatory committee shall undertake practical steps for national reconciliation".
Also through the meeting expressed concern about the Daash crimes against civilians and intellectuals, in Nineveh and other areas that suffer from his attacks, stressing the need to speed up the editing and re-Aammarha.ohdd assembled according to the statement on the importance of the completion of the necessary primary legislation to enhance the effectiveness of the work of the state and its institutions Alosasah.oooly meeting special attention to ways of developing economic and financial resources of the country, stressing that the provision of services the core of the citizens represents the most prominent commitments on the implementation of state institutions. Link
************
Thunderhawk: VERY GOOD VIDEO FAMILY
What Is The International Monetary Fund (IMF)?
https://www.youtube.com/watch?v=MhrC2_Hak08&feature=player_embedded#t=0
via Dinar Recaps - Our Blog http://ift.tt/1jett6V
No comments:
Post a Comment