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Sunday, December 27, 2015

More News, Rumors, and Opinions Late Sunday Morning 12-27-15

Emailed to Recaps:

From Martha...I received this late last night and it is clear that we are probably on the door on the 28-29.my intel that came from someone in the HB market was called back to Hong Kong for Tuesday.

This info lines up with other info on om (Open Mic)  as well as lining up with many other intel providers scenarios.

How many times I have said good-bye only to have to hang in there again.

At this time, I can honestly say I firmly believe that the football game is over and China has won and US has lost but China has won for Humanity.

I think markets will open still in quiet mode. I will say that Iraq has been ready for so long it is sad that they were used as a pawn in a vicious chess game

We should be very thankful that Abadi knew how to play the US and went with the BRICS over a year ago.  Martha
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TNT:

Elmerf123456:   Prime Minister Dr. Haidar Abadi meets delegation of the Korean firm Hanoi to Bismayah project. There was ... http://ift.tt/1VlmruS;

Elmerf123456:   Rudaw reporter: The Iraqi army retakes most of the parts of #Ramadi from #ISIS

Depaul13:   elmer.. what are your thoughts?

Elmerf123456:  Thoughts? We are at the end IMO. We wait to hear the horn blow.

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Elmerf123456 “Security and stability has always been the big two issues and Iraq and they have achieved both the stage has been set I am super excited for our future and of course Iraq's.

Anyone that has been following the unfolding events in Iraq and around the world should know how this plays out and speaks volumes to their stage being set. This is a huge victory for their country and proves that they can take care of themselves

They are celebrating in Iraq with the defeat of Isis and the retaking them for Ramadi a major step in the liberation of their country and Isis has been limited to certain pockets. the stage has been set
 
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OKRocks:   RT International - Iraqi government forces have seized the government complex in the center of Ramadi – the last Islamic State stronghold in the western city, a military spokesman told Reuters. Dec 27, 2015 https://t.co/3E79pnKiFo

SassyD:   A Pessimist's Guide to the World in 2016 --
http://ift.tt/1TMG2CI

Four2atous:   VietNam and forex=
http://ift.tt/1VlmruW

Four2atous:  Just days away=
http://ift.tt/1Vlmqr1

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Winneriam:  Just to let you know why having Iraqi dinar is a good thing.

The US has 115,000 janitors, 83,000 bartenders, 323,000 restaurant servers, and 80,000 heavy-duty truck drivers with Bachelors Degrees.
  
And, you won't be one of these.

RVNow:  Thanks for the statistics. And once those do their currency exchanges that will make room for employment for many who now are unemployed.... so we have WINNERS all the way around.

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[xyz] FROM DEEP SOURCE: laws passed by the Parliament during - laws passed by the House of Representatives during 2015, where he managed the Council of the amendment and the enactment of 57 projects and a proposed law this year, the most prominent parties law and amend the martyrs Act, the national card, as well as the approval of the budgets of the current year and next.

The first law passed by Parliament is the first amendment to the Law legal provisions that prohibit courts from hearing lawsuits Law No. (17) of 2005, which was approved on January 26 2015, while the last law is the financial budget for 2016. [CLICK THE LINK UP FOR ALL LAWS]     http://ift.tt/1VlmruY

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SassyD : Switzerland to vote on banning banks from creating money.... 24 Dec 20​15 --
Referendum on radical proposal to give central banks sole money creation power will be held after petition gains 110,000 signatures

 Switzerland will hold a referendum to decide whether to ban commercial banks from creating money.

The Swiss federal government confirmed on Thursday that it would hold the plebiscite, after more than 110,000 people signed a petition calling for the central bank to be given sole power to create money in the financial system.

The campaign - led by the Swiss Sovereign Money movement and known as the Vollgeld initiative - is designed to limit financial speculation by requiring private banks to hold 100pc reserves against their deposits.

"Banks won’t be able to create money for themselves any more, they’ll only be able to lend money that they have from savers or other banks," said the campaign group.

http://ift.tt/1VdaveN

Maggiemoo:  Swiss apparently want to eliminate 'fractional' banking,,,which seems very possible with an RV & billions of inbound deposits

ThatGirl:   Pharrell Williams - Happy https://youtu.be/y6Sxv-sUYtM
KTFA:

Walkingstick:   Tomorrow begins the Iraqi Stock Exchange .. holiday

December 27, 2016 18:07

Direct: she ethnic stock, the session on Sunday, is the last trading capital market for 2015 sessions.

She explained, "stock market" in a statement on its official website, that the holiday will continue until the end of the week to begin again for trading Sunday, January 3rd of 2016.

In conclusion, the general index of the Iraqi market for securities "ISX 60" of trading, on Sunday, up 0.58% winner 4.22 points, reaching the level of 730.56 points.

http://ift.tt/1Vlmrv0 ... 9%8A%D8%A9
 
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Walkingstick:   Wissam Fattouh: Iraq has the ingredients economic advancement
12/26/2015 0:00

Arab finance potential cover anticipated growth
Baghdad the morning

of the Secretary-General of the Union of Arab Banks and Sam Hassan Fattouh said that Arab banks located in the heart of the major problems that surround the area, and of weak economic growth, unemployment and lack of Alastaqraroalvesad, pointing out that the Atnqs potential and exceed the needs funding to cover and a credit growth is anticipated, but needs to security and political stability.

This came in a speech in the Iraqi banking conference held in Baghdad recently, adding as we have of human capacities and competencies that allow us to pave the way for investment climates and activate economic relations

interfaces .obescon question «morning» on the site Iraq between this potential and the role it can play in this aspect, said Fattouh: that Iraq constitutes a distinct and perfect case for investment and construction projects, especially as the size of the big Alasttmart required to achieve development requires funding effort and Tsnieia and operational multi-jurisdiction.

investment opportunities and called Fattouh not excessive and the loss of features that enjoyed by Iraq's most attractive investment of the availability of scientific and technical potential, natural resources, legal and legislation to ensure and facilitate investment operations and allow market access equal opportunities for investments Arab and foreign with the availability of funding mechanisms and the transfer of currency to and from Iraq.

He said Fattouh to the development witnessed by the banking sector and improve the competition environment Through leave a number of Arab and foreign banks to exercise banking activities in Iraq returned it Moundz which calculates the hardware government .ozad saying that the central bank to adopt a number of measures aimed at reforming the banking sector and raise the level of performance through the issuance of regulatory framework governing the payment systems and the issuance of electronic payment and increase banks' capital law may actively work banking .

wachad procedures for the central bank in the promotion of foreign exchange reserves and its gold reserves in order to maintain the stability of the dinar exchange and the promotion of confidence in him price. performance of banks, said the Secretary General of the Union of Arab banks overall have performed well During the year 2015,

reaching growth of banking sector assets ratio during the first half of this year, about 6 percent and exceeded the deposits accounted for 85 percent of the size of the Arab economy with loans accounted for 67 percent of its size, but predicted a decline in growth Economic in the Arab region in general and the Gulf in particular during 2016. source of liquidity and attributed the reason to the decline in oil revenues, which constitute a source of liquidity to the markets, and warning of the possibility of adverse effects on the performance of Arab banks functioning.

He expressed at the conclusion of his speech expressed his confidence that the Arab banks and foreign operating in Iraq a prominent role in the economic development sought by Iraq and contribute to the development of the performance of local banks through the transfer of experience through training programs undertaken by the Iraqi Association of private banks in the light of the cooperation with the EU or bilateral cooperation with banks on an individual basis and this Mataattalbh stage for the next address on the expected decline in economic conditions and lower surpluses resulting from the decline in prices of governments to the effects of the oil.

http://ift.tt/1JaTD6KKTFA:
 
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Walkingstick:  Why Sweden Is Going Cash-Free

by Benjamin Snyder DECEMBER 26, 2015, 11:31 AM EST

Sweden could very well be the first country to one day go totally cash-free.

In fact, the Scandanavian country is well on its way, according to a new report from the New York Times. The country already has many banks that no longer dispense or take cash.

But there may be issues brewing with the move to all digital transactions and a lack of physical currency. According to the newspaper:

Not everyone is cheering. Sweden’s embrace of electronic payments has alarmed consumer organizations and critics who warn of a rising threat to privacy and increased vulnerability to sophisticated Internet crimes. Last year, the number of electronic fraud cases surged to 140,000, more than double the amount a decade ago, according to Sweden’s Ministry of Justice.

“It might be trendy,” said Bjorn Eriksson, a former Interpol president in an interview with the Times. “But there are all sorts of risks when a society starts to go cashless.”

The report continued that physical bills and coins amount to just 2% of the country’s economy. The U.S., meanwhile, is at 7.7%.

In October, Fortune reported how some businesses in Sweden were testing out a six-hour workday and what it means for the country.

http://ift.tt/1Ppuuq6
 



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