Early Wednesday Morning:
TNT:
FreedomBoomer: Urgent House of Representatives vote on the ending paragraphs of the budget and approved by the full!! LINK
Ivantulafitov: translated > the House of Representatives approved the country's general budget for 2016 after the vote on all its clauses. The reporter said the agency all of Iraq [where] that "the House of Representatives voted on all the paragraphs of the budget, including the Kurdistan region's share amounting to 17% ended ..
CODreamer: congrats to the Iraqis on getting their budget done! woo hoo!
Ivantulafitov: frank26 is saying on or before 1st jan they have to (RI or RV) because LDs will be out
Iko ward: Tick tock, tick tock, tick tock, tick tock, tick tock, tick tock,
....
*****************************************
From Martha
Well, last night's big call really woke me up ( especially when I had fallen asleep) when I heard Bruce say MARTHA WASHINGTON on the new ten dollar USN. It is interesting that I was named for Martha in the Bible (and also my great grandmother's name) but now, to adorn the new ten dollar note.
Well, I guess I got the time line, but didn't fully connect the dots all the way. Bruce, as usual, brought it one step further. I will miss these very enlightening intel calls.LINK
Hopefully, this Thursday call will be the celebration call.
China is definitely in the driver's seat on this whole GCR/RV.
Articles of interest:
Oil at $100? 'Outrageous' forecasts for 2016 http://ift.tt/1QpZLe5
China central bank predicts growth of 6.8% in 2016 http://ift.tt/1MgScyk
Can China and Russia co-operate in Central Asia? http://ift.tt/1QpZJCM
Now this is funny……Interesting how media paint things that are already so true!
From Reuters News:
Iran's October missile test violated U.N. ban: expert panel
http://ift.tt/1MgSe9f
Iran violated a U.N. Security Council resolution in October by test-firing a missile capable of delivering a nuclear warhead, a team of sanctions monitors said, leading to calls in the U.S. Congress on Tuesday for more sanctions on Tehran.
Well here we go again with bogus sanctions….. show and tell. The games country play. All the US knows is sanctions and the rest of the world will ignore them as usual.
I would hope that you would print this. What have we been all saying about waking up? The truth hurts but the few that are awake can't do it alone
http://ift.tt/1YfsrL2
************************************
KTFA:
Aggiedad77: t is indeed a day of celebration that Iraq has managed to pass this budget.....first one in a long while to be passed before the beginning of the new year I think Aloha Randy
************
Walkinstick: Urgent parliament approved the budget in 2016
History of edits:: 2015/12/16 15:47 • 1
[Baghdad-where]
the House of Representatives approved during its meeting on Wednesday, a majority on the budget for fiscal 2016..itba
http://ift.tt/1j5cd3P ... ryid=24314
************
Walkingstick: Urgent House of Representatives vote on the ending paragraphs of the budget and approved by the full
History of edits:: 2015/12/16 16:35 •
[Baghdad-where]
the House of Representatives approved the country's general budget for 2016 after the vote on all its clauses.
The reporter said the agency all of Iraq [where] that "the House of Representatives voted on all the paragraphs of the budget, including the Kurdistan region's share amounting to 17% ended ..
http://ift.tt/1j5cd3P ... ryid=24322
************
2016 budget approved by parliament majority
By Mohammed Emad 16/12/2015 04:34 |
http://ift.tt/1QpZLuo
************
Wednesday 16 December 2015 | 16:34 |
Parliament majority vote on the year's budget law of 2016
Parliament majority vote on the year's budget law of 2016
http://ift.tt/1MgSe9g
************
JJONESMX: CBI News & Announcements
Lease project of the Central Bank of the Iraqi private b (1 trillion small-scale projects, 5 trillion of medium and large projects) 12/16/2015
http://ift.tt/1QpZJCT
**********
Walkingstick: CBI News & Announcements
To / Mr. John Silvan (Information / companies that have been shut off from the sale and purchase of foreign currencies window) 12/16/2015
Lease project of the Central Bank of the Iraqi private b (1 trillion small-scale projects, 5 trillion of medium and large projects) 12/16/2015
To / banks approved to exercise all banking (sale and purchase of foreign currency instructions)
12.15.2015
http://ift.tt/1ei96fB
From Martha
Well, last night's big call really woke me up ( especially when I had fallen asleep) when I heard Bruce say MARTHA WASHINGTON on the new ten dollar USN. It is interesting that I was named for Martha in the Bible (and also my great grandmother's name) but now, to adorn the new ten dollar note.
Well, I guess I got the time line, but didn't fully connect the dots all the way. Bruce, as usual, brought it one step further. I will miss these very enlightening intel calls.LINK
Hopefully, this Thursday call will be the celebration call.
China is definitely in the driver's seat on this whole GCR/RV.
Articles of interest:
Oil at $100? 'Outrageous' forecasts for 2016 http://ift.tt/1QpZLe5
China central bank predicts growth of 6.8% in 2016 http://ift.tt/1MgScyk
Can China and Russia co-operate in Central Asia? http://ift.tt/1QpZJCM
Now this is funny……Interesting how media paint things that are already so true!
From Reuters News:
Iran's October missile test violated U.N. ban: expert panel
http://ift.tt/1MgSe9f
Iran violated a U.N. Security Council resolution in October by test-firing a missile capable of delivering a nuclear warhead, a team of sanctions monitors said, leading to calls in the U.S. Congress on Tuesday for more sanctions on Tehran.
Well here we go again with bogus sanctions….. show and tell. The games country play. All the US knows is sanctions and the rest of the world will ignore them as usual.
I would hope that you would print this. What have we been all saying about waking up? The truth hurts but the few that are awake can't do it alone
http://ift.tt/1YfsrL2
************************************
KTFA:
Aggiedad77: t is indeed a day of celebration that Iraq has managed to pass this budget.....first one in a long while to be passed before the beginning of the new year I think Aloha Randy
************
Walkinstick: Urgent parliament approved the budget in 2016
History of edits:: 2015/12/16 15:47 • 1
[Baghdad-where]
the House of Representatives approved during its meeting on Wednesday, a majority on the budget for fiscal 2016..itba
http://ift.tt/1j5cd3P ... ryid=24314
************
Walkingstick: Urgent House of Representatives vote on the ending paragraphs of the budget and approved by the full
History of edits:: 2015/12/16 16:35 •
[Baghdad-where]
the House of Representatives approved the country's general budget for 2016 after the vote on all its clauses.
The reporter said the agency all of Iraq [where] that "the House of Representatives voted on all the paragraphs of the budget, including the Kurdistan region's share amounting to 17% ended ..
http://ift.tt/1j5cd3P ... ryid=24322
************
2016 budget approved by parliament majority
By Mohammed Emad 16/12/2015 04:34 |
http://ift.tt/1QpZLuo
************
Wednesday 16 December 2015 | 16:34 |
Parliament majority vote on the year's budget law of 2016
Parliament majority vote on the year's budget law of 2016
http://ift.tt/1MgSe9g
************
JJONESMX: CBI News & Announcements
Lease project of the Central Bank of the Iraqi private b (1 trillion small-scale projects, 5 trillion of medium and large projects) 12/16/2015
http://ift.tt/1QpZJCT
**********
Walkingstick: CBI News & Announcements
To / Mr. John Silvan (Information / companies that have been shut off from the sale and purchase of foreign currencies window) 12/16/2015
Lease project of the Central Bank of the Iraqi private b (1 trillion small-scale projects, 5 trillion of medium and large projects) 12/16/2015
To / banks approved to exercise all banking (sale and purchase of foreign currency instructions)
12.15.2015
http://ift.tt/1ei96fB
Late Tuesday Night:
TNT:
[Sallypuff] Goodnight all. On OM (open mic) I heard one of the gents say he believes what DC always said - they prefer a weekend, which starts at 6 PM Fri. when the banks shut down except for Hawaii. However, all other info IMO leans to Wed. or Thursday. Maybe there could be some groups on Thurs. and our group on Friday evening or Sat.
*********************************
KTFA:
Andy5252: Frank, if i remember correctly with the price of oil low, doesnt the value of the dinar need to be higher than we had expected?
Frank26: Somewhere around 3/4th into the CC we said yes to this idea. KTFA Frank
************************************
Dinar Updates:
Millionday Quote: "To / all licensed banks and money transfer companies and exchange companies (stop processing the dollar)"
THIS IS A FORMAL ORDER FROM CBI AND MEANS NOW.
THIS IS STATING THAT THE BANKS AND MONEY COMPANIES ETC MAY NOT DEAL WITH DOLLARS ANY LONGER ---
THEY WILL BE SENT TO CBI I WOULD ASSUME FOR OIL PAYMENTS AS THE NATIONAL CURRENCY IS THE DINAR... THEY MUST ONLY USE DINARS AS WE USE DOLLARS...
*************
Stage3Alpha:
DeeG: Wow can you believe this
Ecuador Makes History With $650 Million Payment to Bondholders
Nathan Gill December 15, 2015 — 11:34 AM EST
President says nation had `serious problems' meeting payment
Government signs oil pact with Schlumberger for liquidity
Ecuador repaid $650 million of its foreign debt due Tuesday, marking the first time in the South American nation’s more than 180-year history that it’s repaid global bonds on time, even as a collapse in the OPEC country’s crude prices saps liquidity needed to keep the government operating normally.
President Rafael Correa, who led the nation’s default on $3.2 billion of overseas debt seven years ago, said on his Twitter account Tuesday that the government would also meet public workers’ December salary payments without problems.
Ecuador announced a pact with Houston-based Schlumberger Ltd. on Monday, granting the oil-services provider a 20-year contract to pump oil at one of its biggest oil fields in return for a $1 billion payment in the “coming days.” The company pledged to invest a total of $4.9 billion over the life of the contract, according to a statement published on the vice presidency’s website.
By honoring the 2015 bond payment, Ecuador has said it can help restore investor confidence and lower future borrowing costs. Still, the government is having problems meeting payments to local contractors and has asked for more time to find enough cash to repay its overdue debts, Correa said Dec. 12. The Finance Ministry has said it plans to borrow more than $5.86 billion next year to cover budgeted outlays.
Finding the money to pay the nation’s creditors in December “was a very serious problem,” Correa said Saturday in his weekly speech to the nation. “You can’t imagine all of the things that we’ve done.”
Yields on the nation’s bonds due in 2020 were little changed at 16.3 percent as of 11:29 a.m. in New York, according to data compiled by Bloomberg. Yields on the government’s notes due in 2024 fell 14 basis points, or 0.14 percentage point, to 12.6 percent, the data show.
Finance Minister Fausto Herrera and Economic Policy Minister Patricio Rivera told reporters in Quito on Nov. 4 that they’ve been working with credit-rating companies, the International Monetary Fund and foreign investors to help lower the perceived risk of investing in Ecuador. Correa, who’s criticized past governments for paying foreign bondholders before Ecuadorean citizens, won praise from the IMF in October for taking measures to shore up the nation’s finances. He’s trimmed government spending, halted some infrastructure investments and cut fuel subsidies this year.
His decision to stop paying foreign debt seven years ago earned the country the distinction of being the most frequent defaulter in Latin America, eclipsing Argentina and Paraguay.
Ecuador first fell into default in 1832, according to the book “Debt Defaults and Lessons from a Decade of Crises” by Federico Sturzenegger, a former secretary of economic policy in Argentina, and Jeromin Zettelmeyer, a former assistant to the Western Hemisphere Department director at the IMF. At the time, the two-year-old nation was saddled with debts accumulated during its wars of independence. Decades of internal revolt and weak government institutions kept the nation’s early leaders from meeting payments on time, according to university professor Carlos Espinosa’s book "Historia del Ecuador."
**************
cal56 December 15, 2015 Deal will be signed during the next few days - IMF announces the final touches on the Iraqi economy monitoring program
Tuesday 15 December 2015
The International Monetary Fund announces the final touches on the Iraqi economy monitoring program
BAGHDAD .. With the growing economic difficulties facing Iraq, on the back of sharp decline in oil prices, as well as the arrival of Iraqi international borrowing from donor countries was attributed to a high number, the international encase Monetary announced he put the finishing touches on a deal to monitor, evaluate and manage the Iraqi economy.
According to the news agency quoted News "Irak News" economic, the Middle East director of the International Monetary Fund office, "Masood Ahmed" was announced during a statement launched by the Dubai Economic Conference, that the Fund had finished putting the final touches on the program will be applied to the economy Iraqi, through a deal will be signed during the next few days, and allow the Fund to monitor the Iraqi economy and follow the procedures economically active taken by the Iraqi government, stressing, that the program is designed to cut off expenses and reducing winning the fiscal deficit in Iraq next year's budget, where it will be applied to them, as far as Massoud expression.
Massoud also stressed, that Imad program will be based on evaluation of the approaches taken by the Iraqi Finance Authority to address the financial crisis, and that will lead in the end to create a new integrated program to deal with the Iraqi economy based on the obtained data that, pointing out that Iraq had agreed Earlier in the agreement that allows the IMF to monitor Iraq's economy and financial policies Baghdad as he put it. It ended
Source http://ift.tt/1MgScym
TNT:
[Sallypuff] Goodnight all. On OM (open mic) I heard one of the gents say he believes what DC always said - they prefer a weekend, which starts at 6 PM Fri. when the banks shut down except for Hawaii. However, all other info IMO leans to Wed. or Thursday. Maybe there could be some groups on Thurs. and our group on Friday evening or Sat.
*********************************
KTFA:
Andy5252: Frank, if i remember correctly with the price of oil low, doesnt the value of the dinar need to be higher than we had expected?
Frank26: Somewhere around 3/4th into the CC we said yes to this idea. KTFA Frank
************************************
Dinar Updates:
Millionday Quote: "To / all licensed banks and money transfer companies and exchange companies (stop processing the dollar)"
THIS IS A FORMAL ORDER FROM CBI AND MEANS NOW.
THIS IS STATING THAT THE BANKS AND MONEY COMPANIES ETC MAY NOT DEAL WITH DOLLARS ANY LONGER ---
THEY WILL BE SENT TO CBI I WOULD ASSUME FOR OIL PAYMENTS AS THE NATIONAL CURRENCY IS THE DINAR... THEY MUST ONLY USE DINARS AS WE USE DOLLARS...
*************
Stage3Alpha:
DeeG: Wow can you believe this
Ecuador Makes History With $650 Million Payment to Bondholders
Nathan Gill December 15, 2015 — 11:34 AM EST
President says nation had `serious problems' meeting payment
Government signs oil pact with Schlumberger for liquidity
Ecuador repaid $650 million of its foreign debt due Tuesday, marking the first time in the South American nation’s more than 180-year history that it’s repaid global bonds on time, even as a collapse in the OPEC country’s crude prices saps liquidity needed to keep the government operating normally.
President Rafael Correa, who led the nation’s default on $3.2 billion of overseas debt seven years ago, said on his Twitter account Tuesday that the government would also meet public workers’ December salary payments without problems.
Ecuador announced a pact with Houston-based Schlumberger Ltd. on Monday, granting the oil-services provider a 20-year contract to pump oil at one of its biggest oil fields in return for a $1 billion payment in the “coming days.” The company pledged to invest a total of $4.9 billion over the life of the contract, according to a statement published on the vice presidency’s website.
By honoring the 2015 bond payment, Ecuador has said it can help restore investor confidence and lower future borrowing costs. Still, the government is having problems meeting payments to local contractors and has asked for more time to find enough cash to repay its overdue debts, Correa said Dec. 12. The Finance Ministry has said it plans to borrow more than $5.86 billion next year to cover budgeted outlays.
Finding the money to pay the nation’s creditors in December “was a very serious problem,” Correa said Saturday in his weekly speech to the nation. “You can’t imagine all of the things that we’ve done.”
Yields on the nation’s bonds due in 2020 were little changed at 16.3 percent as of 11:29 a.m. in New York, according to data compiled by Bloomberg. Yields on the government’s notes due in 2024 fell 14 basis points, or 0.14 percentage point, to 12.6 percent, the data show.
Finance Minister Fausto Herrera and Economic Policy Minister Patricio Rivera told reporters in Quito on Nov. 4 that they’ve been working with credit-rating companies, the International Monetary Fund and foreign investors to help lower the perceived risk of investing in Ecuador. Correa, who’s criticized past governments for paying foreign bondholders before Ecuadorean citizens, won praise from the IMF in October for taking measures to shore up the nation’s finances. He’s trimmed government spending, halted some infrastructure investments and cut fuel subsidies this year.
His decision to stop paying foreign debt seven years ago earned the country the distinction of being the most frequent defaulter in Latin America, eclipsing Argentina and Paraguay.
Ecuador first fell into default in 1832, according to the book “Debt Defaults and Lessons from a Decade of Crises” by Federico Sturzenegger, a former secretary of economic policy in Argentina, and Jeromin Zettelmeyer, a former assistant to the Western Hemisphere Department director at the IMF. At the time, the two-year-old nation was saddled with debts accumulated during its wars of independence. Decades of internal revolt and weak government institutions kept the nation’s early leaders from meeting payments on time, according to university professor Carlos Espinosa’s book "Historia del Ecuador."
**************
cal56 December 15, 2015 Deal will be signed during the next few days - IMF announces the final touches on the Iraqi economy monitoring program
Tuesday 15 December 2015
The International Monetary Fund announces the final touches on the Iraqi economy monitoring program
BAGHDAD .. With the growing economic difficulties facing Iraq, on the back of sharp decline in oil prices, as well as the arrival of Iraqi international borrowing from donor countries was attributed to a high number, the international encase Monetary announced he put the finishing touches on a deal to monitor, evaluate and manage the Iraqi economy.
According to the news agency quoted News "Irak News" economic, the Middle East director of the International Monetary Fund office, "Masood Ahmed" was announced during a statement launched by the Dubai Economic Conference, that the Fund had finished putting the final touches on the program will be applied to the economy Iraqi, through a deal will be signed during the next few days, and allow the Fund to monitor the Iraqi economy and follow the procedures economically active taken by the Iraqi government, stressing, that the program is designed to cut off expenses and reducing winning the fiscal deficit in Iraq next year's budget, where it will be applied to them, as far as Massoud expression.
Massoud also stressed, that Imad program will be based on evaluation of the approaches taken by the Iraqi Finance Authority to address the financial crisis, and that will lead in the end to create a new integrated program to deal with the Iraqi economy based on the obtained data that, pointing out that Iraq had agreed Earlier in the agreement that allows the IMF to monitor Iraq's economy and financial policies Baghdad as he put it. It ended
Source http://ift.tt/1MgScym
via Dinar Recaps - Our Blog http://ift.tt/1QpZLuu
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