KTFA:
Mountainman: Well Other than HANGING A NEON SIGN......This is As INTENTIONAL by {ALL} Parties as it Gets.......Welcome to ARTICLE 8 COMPLIANCE w/a STAND BY.....and MORE to COME.....It's Unfolding Family.....AWESOME WS....You Rock Bro.......It's {URGENT} !!!!!!!!
Blessings,Mountainman (8)=New Beginnings Even Now.....Unfolding...w/Long MEETINGS....
Thunderhawk: Zebari discuss with the World Bank the possibility of attracting financiers and investors to Iraq
Economy since 18/04/2016 19:33 pm (Baghdad time) BAGHDAD - balances News
Search Finance Minister Hoshyar Zebari, on Monday, with a kilo Honda Executive Vice President of Multi-Agency of the World Bank Investment Guarantee parties, the possibility of bringing many of the financiers and investors to the Iraqi market.
....
Mountainman: Well Other than HANGING A NEON SIGN......This is As INTENTIONAL by {ALL} Parties as it Gets.......Welcome to ARTICLE 8 COMPLIANCE w/a STAND BY.....and MORE to COME.....It's Unfolding Family.....AWESOME WS....You Rock Bro.......It's {URGENT} !!!!!!!!
Blessings,Mountainman (8)=New Beginnings Even Now.....Unfolding...w/Long MEETINGS....
Thunderhawk: Zebari discuss with the World Bank the possibility of attracting financiers and investors to Iraq
Economy since 18/04/2016 19:33 pm (Baghdad time) BAGHDAD - balances News
Search Finance Minister Hoshyar Zebari, on Monday, with a kilo Honda Executive Vice President of Multi-Agency of the World Bank Investment Guarantee parties, the possibility of bringing many of the financiers and investors to the Iraqi market.
....
The ministry said in a statement received / balances News /, a copy of the "Zebari and his accompanying delegation will continue for a third day in a row meetings with decision-makers in the International Monetary Fund and the World Bank Group for Iraq for international financial support to meet the challenges of the financial and economic crisis faced by the this stage, whether in the field of budget support or in the implementation of investment projects. "
She said, "Zebari held a long meeting with a team from the International Monetary Fund, which was chaired by Christian coconut director of Iraq's office of the Fund experts, addressed a number of executive actions to reach an agreement between Iraq and the Fund as soon as possible to finalize the Stand-By Arrangements, which will get Iraq whereby the support of Fund, will contribute to this agreement not only in Iraq for concessional financing but will significantly help in obtaining financial support from the international community and facilitate entry into the international capital markets. "
He continued, "As finance minister accompanying him with a kilo Honda Executive Vice President and the delegation met for the Agency to ensure a multi-the World Bank's Multilateral Investment in order to accelerate the implementation of projects undertaken by the agency and discuss the possibility of bringing many of the financiers and investors to the market Alaracah.anthy 29/9 P
http://ift.tt/1NxQiLN
****************
BACKDOC: NOW THAT IRAN HAS A CHANGE OF STATUS AS WE SHOWED YOU LAST NIGHT WE SIMPLY AWAIT BANKING CHANNELS TO OPEN.
WE BELIEVE THE TWO SHIA BROTHERS WILL DO THINGS TOGETHER. DOC IMO
Mountainman: SHEESH HAWK.....I'm Sensing A New Reality W/ CONFIDENCE in MANY Countries Regarding IRAN and Their GLOBAL STATUS....IMO
Thunderhawk: Sanctions removal effective in development of commercial ties with Iran: Czech diplomat
Czech Deputy Foreign Minister for non-European and economic affairs Martin Tlapa said that considering predictied economic growth rate of 7 percent for Iran lifting of sanctions has been very important in foreign relations with Iran.
He made the remarks in a joint meeting of South Khorasan economic activists and the economic delegation of Czech Republic accompanying him.
Tlapa underlined that Czech Republic National Bank is fully ready to make contracts with Iranian partners operational and added that his country's companies, businessmen and private sector are eyeing new economic opportunities in Iran.
He added that representatives of more than 70 Czech companies have travelled to Iran.
Tlapa said that trade exchange between the two countries in 2015 was around 52 million dollars.
Head of foreign relations department of Czech Chamber of Commerce Ilja Mazanek said that there exists a positive atmosphere for maintaining common interests and development of ties with Iran.
He talked about his country's capabilities in producing spare parts for airplanes, trucks, cement factories, agricultural industry and machinery.
Deputy Governor General of South Khorasan province for security and social affairs Seyed Mohammad Hosseini said 'Although we were facing difficulties during sanctions era, now many of these problems have been eased or solved.
He said that following a nuclear deal with Group 5+1, Iran hosted many foreign delegations, which indicated its intention to establish ties with other countries.
Hosseini said that south Khorasan is a vast province in east Iran and foreign investors can invest in infrastructures, mine, trade and tourism projects with noticeable capacities in the province.
He said that this province can be a gate to markets in Afghanistan, Pakistan and India.
The Czech Republic delegation seeks to get acquainted with trade and economic capacities of the province during its 3-day visit there.
Czech Republic with a population of 10.5 million is located in the heart of Europe and is a member of European Union and NATO.
http://ift.tt/1rbwU32
**************
Mountainman: The ??? REMAINS Is.....Will IRAN Jump To the YUAN of CHINA In Order to Move Forward.....TOMOROW the YUAN is GOLD/ASSET Backed......Is The EAST to WEST Movement Sneaking Out there FIRST......We Shall See Won't We???.....Yup For Sure....IMO
Blessings,Mountainman (8)=New Beginnings.....TOMORROW.......
Thunderhawk: Iran in talks with China for development of North Azadegan, Yadavaran fields
Iran has been in talks with Chinese companies for development of phases two of North Azadegan and Yadavaran oil fields, Managing Director of Oil Development and Engineering Company Abdolreza Haji Hosseinnejad said on Monday.
Hosseinnejad said that in case of failure of the talks, the fields will be developed per new IPC models.
He said development of oil fields west of Karun, joint field with Iraq, are on the agenda of Iranian oil industry and to this end, the Ministry of Petroleum intends to follow up the second phases of the fields' development.
He said North Azadegan and Yadavaran fields are expected to yield 160,000 bpd oil with raising the output capacity.
http://ift.tt/1NxQhaE
*************
Mountainman: Oh.....Isn't JAPAN Having Problems....Negative Interest Rates and the Like.....LOL......IRAN is LAUNCHING Out Everywhere......Watch IRAQ Come CENTER STAGE.....In A More PUBLIC View......As It Appears They Already Are.....Blessings,Mountainman (8)=New Beginnings
Thunderhawk: Iran's oil exports to Japan to reach 300,000 bpd in upcoming months
Iran's oil exports to Japan has been on the rise since implementation of the Joint Comprehensive Plan of Action (JCPOA) and it is predicted that in the upcoming months it will reach 300,000 bpd.
Iran's crude exports to Asian states, including Japan, has risen after lifting of sanctions and a number of Japanese refineries plan to raise volume of their crude imports from Iran in the post-sanctions era.
Given Japanese refineries' willingness, Iran's crude sale to Japan is expected to double in the near future and exceed 300,000 bpd.
Crude purchase contracts are signed by refineries on an annual basis and stabilization of Iranian crude exports to Japanese refineries will take a long time.
Estimates show that average crude imports from Iran by Japan increased by about 8,000 bpd in the first two months of 2016 compared to that in the same period the previous year.
http://ift.tt/1rbwWYs
************
Mountainman: Nothing Like A Little PRIMING the PUMP eh RUSSIA.....The GOLDEN TRIANGLE Is Heading Down the Fast Track.....as IRAN Moves Forward w/their Economy.....here We GO......IMO
Blessings,Mountainman (8)=New Beginnings
Thunderhawk: Russia preparing to give Iran $5bn loan
Russia announced on Monday that the required preparations have been made for granting a major state loan worth $5 billion to Iran.
Russian Deputy Foreign Minister Sergei Storchak has been quoted by the media in Moscow as saying that the legal barriers for granting the loan to Tehran have been removed.
Storchak added that the preliminary agreements over the move were reached during the visit to Tehran by Russia’s President Vladimir Putin in November 2015.
“Contradictions in the intergovernmental loan have been removed. I saw my [Iranian] colleague here in Washington, and he said that we’re preparing clean texts. We’ll sign them as soon as the decision is made by the authorities,” the official has been quoted as telling journalists.
Putin said last November that Moscow is ready to provide a $5 billion state loan to Tehran to promote industrial cooperation. Another €2 billion export loan will be granted to Iran by Russian state lender Vnesheconombank, according to RT.com.
During the visit to Tehran by the Russian president, the two countries selected 35 priority projects in energy, port facilities, and railway electrification.
On the same front, Russian Railways signed a contract to electrify 495 kilometers of railway in Iran worth €1.2 billion. The three-year project will include building 32 stations and 95 tunnels.
Earlier, Russia’s Industry and Trade Minister Denis Manturov said last December that the loan would be provided under the Iranian government’s guarantee.
“We are talking about granting a state loan, naturally under the Iranian government’s guarantee…I think that if all the formalities can be agreed upon in the first quarter of next year (2016), then next year part of it may be provided,” he said as reported.
http://ift.tt/1NxQiLP
************
BACKDOC: I BET IT WONT TAKE LONG TO BRING BACK AMERICAN COMPANIES. BRING HOME THE BACON BOYS. DOC IMO
Thunderhawk: World clampdown on tax avoidance begins
Stamping out 'toxic' tax avoidance by multinational companies will take years, the managing director of the International Monetary Fund has warned.
Christine Lagarde said a comprehensive global agreement on how corporations should be taxed 'would take a long time to negotiate', as she stressed that it was important to strike a balance between competition and compliance.
Lagarde described tax evasion and avoidance as a 'major concern' for the global economy, as growing trade in 'intangible goods” such as digital downloads made it more difficult to pinpoint activity.
Speaking at the close of the IMF spring meetings in Washington, she said big companies were avoiding tax through the 'smart use' of multiple treaties and a toxic combination of different tax and legal regimes.
However, Lagarde rejected an idea put forward by Joseph Stiglitz — the Nobel Prize-winning economist — that corporations should be subject to a minimum corporate tax rate based on total global earnings.
Speaking on a panel today, Stiglitz claimed a uniform rate would encourage a 'race to the top', encouraging countries to improve their services and infrastructure instead of cutting taxes and increasing distortions. But Lagarde said this would be a lengthy process that would be difficult to implement.
Using the example of the United States, she said a lot of income was 'passed through' corporations, which made it difficult to define the tax base that a uniform levy would apply to.
This could result in a “corporate uniform tax that applies to pretty much nothing”, she said. “It takes a long time to negotiate multinational agreement because it touches on a country’s sovereignty and its ability to levy tax.”
Magdalena Andersson, Sweden's finance minister, also rejected the idea of a uniform tax rate. She said convincing countries to cede sovereignty on tax raising powers would be 'almost' impossible, while an agreement with the EU on what to tax had been debated for a decade.
“If you have a global minimum tax rate, you have to have a global minimum tax base,” she said.
http://ift.tt/1rbwWaU
*************
Mountainman: The Article TITLE says It ALL......This Is HUGE.....{ALL} ....ROUTES/DIRECTIONS/NAVIGATION is Covered.....In Other WORDS.....Hello INTERNATIONAL WORLD and You to IMF/WTO.....We Are Open for Your BUSINESS.....Got it ???.......GOOD...IMO
Blessings,Mountainman (8)=New Beginnings
Thunderhawk: VIETNAM: Quang Tri province promises maximal support for investors
The central province of Quang Tri held an investment and tourism promotion conference in Dong Ha city on April 17, during which best assistance to investors is committed.
This was the first time such a large-scale conference was organised in the province with the attendance of many economists, investors, and representatives from trade promotion agencies, and domestic and foreign businesses.
Dr Tran Du Lich, a National Assembly deputy, said Quang Tri is located on national arterial roads, railways and sea routes. It is contiguous to the central key economic region and connects Laos, Thailand and Myanmar with the Pacific Ocean through the East – West Economic Corridor.
That location can help the province become an intersection of the goods movement along the north – south and east – west routes. It is also favourable for tourism development as it is on the way from the central region’s heritage sites to other countries in the economic corridor, he added.
Read More at: http://ift.tt/1rbwWaW
Mountainman: And Now We UNDERSTAND What and Why they Are Doing What they do W/US Dollars.....And Preparing for Their Native Currency.......As DeDollarization Continues to Rear Its Head......MANY are RISING to The OCCASION/TRANSITION.....IMO
Blessings,Mountainman (8)=New Beginnings
Thunderhawk: Vietnamese overseas deposits skyrocket
Vietnamese deposits overseas, which were previously negligible, skyrocketed to hit US$7.3 billion as of the third quarter of 2015, it was reported at a conference in Hanoi on April 12.
President of the Vietnam Institute for Economic and Policy Research (VEPR) Nguyen Duc Thanh said the significance rise requires further tracking and analysis, adding that this phenomenon can be related to some side effects of the Government’s foreign exchange policy, including the zero percent interest rate for deposits in US dollar.
The issue was highlighted in the VEPR’s report on macroeconomic in the first quarter of the year which was made public at the conference.
While affirming that the curbing of dollarisation is a correct move of the State Bank, the report said more synchronous solutions are needed to enhance trust in the domestic currency. Only then can the economy utilise the great amount of foreign currencies that Vietnamese are now depositing overseas, it said.
According to the report, the absence of an effective USD trading market coupled with the zero-percent interest rate on USD deposits have prompted many people to deposit their foreign currencies abroad while domestic banks have to borrow from foreign banks at high interest rates.
It also said low interest rates for both deposits and loans in USD together with expectations of VND devaluation following the devaluation of the Chinese yuan have prevented banks from finding borrowers of USD. As a result, depositing foreign currency in foreign banks becomes the most profitable solution.
If this theory is proved to be true, the amount of deposits overseas can continue to rise, the report said.
The report also noted the potential risk of rising inflation in the latter half of the year when the fees of many health care and educational services are adjusted up, world prices recover and food prices go up as a consequence of drought.
VEPR recommends policy-making agencies to control money supply at suitable levels, adding that the target of 18-20 percent of credit growth this year may affect inflation control.
The report underlined foreign direct investment as a bright spot in the overall economic picture, with the inflow remaining healthy and stable in the reviewed period.
http://ift.tt/1rbwWYz
Blessings,Mountainman (8)=New Beginnings
Thunderhawk: Vietnamese overseas deposits skyrocket
Vietnamese deposits overseas, which were previously negligible, skyrocketed to hit US$7.3 billion as of the third quarter of 2015, it was reported at a conference in Hanoi on April 12.
President of the Vietnam Institute for Economic and Policy Research (VEPR) Nguyen Duc Thanh said the significance rise requires further tracking and analysis, adding that this phenomenon can be related to some side effects of the Government’s foreign exchange policy, including the zero percent interest rate for deposits in US dollar.
The issue was highlighted in the VEPR’s report on macroeconomic in the first quarter of the year which was made public at the conference.
While affirming that the curbing of dollarisation is a correct move of the State Bank, the report said more synchronous solutions are needed to enhance trust in the domestic currency. Only then can the economy utilise the great amount of foreign currencies that Vietnamese are now depositing overseas, it said.
According to the report, the absence of an effective USD trading market coupled with the zero-percent interest rate on USD deposits have prompted many people to deposit their foreign currencies abroad while domestic banks have to borrow from foreign banks at high interest rates.
It also said low interest rates for both deposits and loans in USD together with expectations of VND devaluation following the devaluation of the Chinese yuan have prevented banks from finding borrowers of USD. As a result, depositing foreign currency in foreign banks becomes the most profitable solution.
If this theory is proved to be true, the amount of deposits overseas can continue to rise, the report said.
The report also noted the potential risk of rising inflation in the latter half of the year when the fees of many health care and educational services are adjusted up, world prices recover and food prices go up as a consequence of drought.
VEPR recommends policy-making agencies to control money supply at suitable levels, adding that the target of 18-20 percent of credit growth this year may affect inflation control.
The report underlined foreign direct investment as a bright spot in the overall economic picture, with the inflow remaining healthy and stable in the reviewed period.
http://ift.tt/1rbwWYz
via Dinar Recaps - Our Blog http://ift.tt/1NxQiLV
No comments:
Post a Comment