WSOMN:
AdminBill: THIS IS SHAPING UP TO BE AN INTERESTING WEEKEND. DOES IT MEAN AN RV? THAT IS THE 64 MILLION DINAR QUESTION.
ABOUT THE ZIM - I WAS TOLD EARLIER THIS WEEK THAT THE ZIM RATES WOULD BE GOOD BUT NOT ASTRONOMICAL. ALSO TOLD THAT THERE WOULD BE A LONG TERM TAX INVOLVED FOR THE EXCHANGE BUT A TAX RATE WAS NOT GIVEN.
I STILL SAY STICK WITH TONY'S PLAN OF SETTING AT LEAST 50% ASIDE FOR THE TAX MAN....
THERE ARE MANY INSTANCES WHERE I HAVE TALKED TO CONTACTS THIS MORNING THAT HAVE PROVIDED ME WITH SOLID INFORMATION THAT HAVE CONFIRMED THAT SOME OF THEIR SOURCES HAVE GONE QUIET SINCE THURSDAY.
OF COURSE, THIS COULD ALL BE COINCIDENTAL BUT IT DOES MAKE ONE WONDER WHAT IS GOING ON IN THE BACKGROUND.
....
AdminBill: THIS IS SHAPING UP TO BE AN INTERESTING WEEKEND. DOES IT MEAN AN RV? THAT IS THE 64 MILLION DINAR QUESTION.
ABOUT THE ZIM - I WAS TOLD EARLIER THIS WEEK THAT THE ZIM RATES WOULD BE GOOD BUT NOT ASTRONOMICAL. ALSO TOLD THAT THERE WOULD BE A LONG TERM TAX INVOLVED FOR THE EXCHANGE BUT A TAX RATE WAS NOT GIVEN.
I STILL SAY STICK WITH TONY'S PLAN OF SETTING AT LEAST 50% ASIDE FOR THE TAX MAN....
THERE ARE MANY INSTANCES WHERE I HAVE TALKED TO CONTACTS THIS MORNING THAT HAVE PROVIDED ME WITH SOLID INFORMATION THAT HAVE CONFIRMED THAT SOME OF THEIR SOURCES HAVE GONE QUIET SINCE THURSDAY.
OF COURSE, THIS COULD ALL BE COINCIDENTAL BUT IT DOES MAKE ONE WONDER WHAT IS GOING ON IN THE BACKGROUND.
....
Dinar Updates:
wmawhite ...why is there this all out effort by Iraqis and the international community to rid their country of corruption? Why now?
The answer: ....as another investor told me who happens to be a banker...because it is time...there is no other reason why...because it is time to do it.
And you can see evidence of this from the CBI, GOI, Parliament, the IMF and WB.
***************************
WingIt:
SB11: End of the US Dollar April 19? China plans to launch yuan-denominated gold fix on April 19 –SGE, the Shanghai Gold Exchange
http://ift.tt/1TT2bnb
Re - posting from Chatter in chat
Feb 25, 2016 - 12:56 PM GMT by Meimei Qin
(Updated to include background on banks that may participate in the yuan-denominated fixing)
London 25/02/2016 – China plans to launch its new yuan-denominated gold pricing fix on April 19 this year, sources familiar with the matter said on Thursday.
The launch date has been officially settled and draft trading rules have been sent out to those banks that will be involved in the Shanghai fixing, FastMarkets understands.
The banks that will participate in the planned launch are predominently Chinese but FastMarkets understands that foreign banks could also be involved, according to sources.
It is likely that the 10 banks that are official market makers in the system set up by the SGE in January to facilitate interbank gold trading will participate in the yuan-denominated fixing, one source said.
Most Chinese banks in the list of ‘official’ market makers probably will be involved in the fix, the source noted, alongside one foreign bank.
The 10 ‘official’ market makers are ICBC, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, China CITIC Bank, China Merchants Bank, Industrial Bank Co, Bank of Ningbo and ANZ (China).
The SGE is looking to bring more foreign banks on broad, a well-informed source said.
The new benchmark will be run through the state-owned Shanghai Gold Exchange (SGE), the world’s largest physical gold exchange.
The SGE declined to comment.
- See more at: http://ift.tt/1VdKakd
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KTFA:
ReddStarr: Urgent: closed - door meeting includes Abadi & al - Jubouri , to discuss the cabinet reshuffle!
{Baghdad: Euphrates News} Prime Minister Haider al-Abadi contract with Parliament Speaker Salim al-Jubouri, a closed meeting to discuss the reshuffle.
The meeting comes hours after the end before the ten - day deadline to discuss the selection ministry provided by Abadi of Parliament.
The House voted during its meeting of Thursday 31 March last, to achieve comprehensive reform to end the State Administration Agency, which includes thebodies, agencies, ambassadors, and security positions during the month, the that is the resolution of the selection of new ministers who presented by the prime minister within 10 Ayam.anthy
http://ift.tt/1VdKcbL
************
DoodleBug: Abadi: cabinet reshuffle will be completed within the deadline set by Parliament
BAGHDAD / Baghdadi News / .. assured the Prime Minister Haider al-Abadi, said on Saturday that the cabinet reshuffle will be completed within the deadline set by the House of Representatives.
Ebadi said in a speech at the central celebration hosted by the Dawa Party, and I followed / Baghdadi News /, "we will abide by the completion of the ministerial change in the time set by the House of Representatives."
He said al-Abadi, that "Iraq will be able to overcome many of the difficulties and the challenges it faces if safe need for reform and change," adding that "the dependence on oil over the past 50 years was a mistake Astratgia."
He stressed that "the recent decline in world oil prices revealed a structural defect that we should be treated" .anthy 21 / t
LINK
wmawhite ...why is there this all out effort by Iraqis and the international community to rid their country of corruption? Why now?
The answer: ....as another investor told me who happens to be a banker...because it is time...there is no other reason why...because it is time to do it.
And you can see evidence of this from the CBI, GOI, Parliament, the IMF and WB.
***************************
WingIt:
SB11: End of the US Dollar April 19? China plans to launch yuan-denominated gold fix on April 19 –SGE, the Shanghai Gold Exchange
http://ift.tt/1TT2bnb
Re - posting from Chatter in chat
Feb 25, 2016 - 12:56 PM GMT by Meimei Qin
(Updated to include background on banks that may participate in the yuan-denominated fixing)
London 25/02/2016 – China plans to launch its new yuan-denominated gold pricing fix on April 19 this year, sources familiar with the matter said on Thursday.
The launch date has been officially settled and draft trading rules have been sent out to those banks that will be involved in the Shanghai fixing, FastMarkets understands.
The banks that will participate in the planned launch are predominently Chinese but FastMarkets understands that foreign banks could also be involved, according to sources.
It is likely that the 10 banks that are official market makers in the system set up by the SGE in January to facilitate interbank gold trading will participate in the yuan-denominated fixing, one source said.
Most Chinese banks in the list of ‘official’ market makers probably will be involved in the fix, the source noted, alongside one foreign bank.
The 10 ‘official’ market makers are ICBC, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, China CITIC Bank, China Merchants Bank, Industrial Bank Co, Bank of Ningbo and ANZ (China).
The SGE is looking to bring more foreign banks on broad, a well-informed source said.
The new benchmark will be run through the state-owned Shanghai Gold Exchange (SGE), the world’s largest physical gold exchange.
The SGE declined to comment.
- See more at: http://ift.tt/1VdKakd
*******************************
KTFA:
ReddStarr: Urgent: closed - door meeting includes Abadi & al - Jubouri , to discuss the cabinet reshuffle!
{Baghdad: Euphrates News} Prime Minister Haider al-Abadi contract with Parliament Speaker Salim al-Jubouri, a closed meeting to discuss the reshuffle.
The meeting comes hours after the end before the ten - day deadline to discuss the selection ministry provided by Abadi of Parliament.
The House voted during its meeting of Thursday 31 March last, to achieve comprehensive reform to end the State Administration Agency, which includes thebodies, agencies, ambassadors, and security positions during the month, the that is the resolution of the selection of new ministers who presented by the prime minister within 10 Ayam.anthy
http://ift.tt/1VdKcbL
************
DoodleBug: Abadi: cabinet reshuffle will be completed within the deadline set by Parliament
BAGHDAD / Baghdadi News / .. assured the Prime Minister Haider al-Abadi, said on Saturday that the cabinet reshuffle will be completed within the deadline set by the House of Representatives.
Ebadi said in a speech at the central celebration hosted by the Dawa Party, and I followed / Baghdadi News /, "we will abide by the completion of the ministerial change in the time set by the House of Representatives."
He said al-Abadi, that "Iraq will be able to overcome many of the difficulties and the challenges it faces if safe need for reform and change," adding that "the dependence on oil over the past 50 years was a mistake Astratgia."
He stressed that "the recent decline in world oil prices revealed a structural defect that we should be treated" .anthy 21 / t
LINK
Walkingstick: Minister: Iran hopeful about WTO membership
Shiraz, April 9, IRNA – Iran is optimistic about its membership in the World Trade Organization (WTO), Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh said in this southern province.
Speaking to reporters on Saturday, Nematzadeh described all obstacles to way of that membership as 'political'.
After removal of political issues in the post sanctions era, Iran is hopeful about WTO membership, he added.
At present, activities under the WTO mechanism for Iran's membership in that global body continue, he stressed.
Asked about the situation of cooperation between Iran and United Nations Industrial Development Organization (UNIDO), the minister said he has made his deputy responsible for doing activities needed for resumption of that cooperation being halted for seven or eight years
.
http://ift.tt/1VdKaAu
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Walkingstick: Saturday, April 9, 2016 - 02:00
Iran’s Securities Regulator Joins International Regulatory Body
Global Reconnection
Economy Business And Markets
It took the Iranian financial market’s regulator eight years, but the Securities and Exchange Organization has finally joined the International Organization of Securities Commissions, which monitors the world’s securities and futures markets.
Iranian authorities are determined to once again connect Iran with global commerce and business. SEO’s acceptance as an associate member in the 33-year-old organization is part of this trend. It will ease cross-border trading and foreign investment in Iran’s capital markets.
Yet the main connection with the World Trade Organization remains in the works, Mehr News Agency reported.
Iran emerged from years of economic sanctions in January when world powers led by the United States and the European Union lifted crippling sanctions against OPEC’s No. 3 oil producer in return for curbs on Tehran’s nuclear program. Sanctions relief has opened a new chapter in the Islamic Republic’s relations with the world.
IOSCO develops regulatory frameworks and standards, and helps its over 200 members implement them. The Madrid-based organization has a committee specializing in developing emerging markets to help them get up to speed with international standards.
“The SEO’s policy is active and effective membership in IOSCO and its committees,”
Bahador Bijani, SEO’s vice-chairman for international & foreign investment affairs, said.
With Iran’s securities markets bidding to get foreign investments, adhering to international standards becomes a must as it “enhances investor protection and promotes investor confidence in the integrity of Iran’s securities markets”, in Bijani’s words.
“The transfer of technology and expertise, along with utilizing IOSCO’s training programs, offers an extraordinary opportunity to Iran’s capital markets,” said Bahadori.
The SEO has been admitted into IOSCO’s African-Middle East Regional Committee and Emerging Markets Committee. The acceptance was confirmed in a letter from IOSCO Secretary-General Paul P. Andrews to SEO President Mohammad Fetanatfard.
The African-Middle East Committee is one of the four regional committees IOSCO divides its members into. Others include the Asia-Pacific Regional Committee, the European Regional Committee and the Inter-American Regional Committee.
The Emerging Markets Committee conducts studies on those markets and suggests ways of improving them. It has 80 ordinary and associate members—plus one non-voting member, the US Securities and Exchange Commission—from Latin America, Europe, Africa, the Middle East and Asia.
According to SEO officials, Iran’s four exchanges, namely Tehran Stock Exchange, Iran Fara Bourse, Iran Mercantile Exchange and Iran Energy Exchange, can join IOSCO as affiliate members if they comply with its regulations.
Furthermore, TSE’s suspension from the World Federation of Exchanges can now be annulled. The London-based organization suspended TSE’s membership because the SEO was not a member of IOSCO.
WFE is a trade association of 64 publicly-regulated stocks, futures and options exchanges. The 54-year-old organization organizes committees, meetings, general assemblies, conferences and workshops for its members to transfer know-how and share expertise.
Short Url : http://ift.tt/1VdKaAv
Shiraz, April 9, IRNA – Iran is optimistic about its membership in the World Trade Organization (WTO), Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh said in this southern province.
Speaking to reporters on Saturday, Nematzadeh described all obstacles to way of that membership as 'political'.
After removal of political issues in the post sanctions era, Iran is hopeful about WTO membership, he added.
At present, activities under the WTO mechanism for Iran's membership in that global body continue, he stressed.
Asked about the situation of cooperation between Iran and United Nations Industrial Development Organization (UNIDO), the minister said he has made his deputy responsible for doing activities needed for resumption of that cooperation being halted for seven or eight years
.
http://ift.tt/1VdKaAu
************
Walkingstick: Saturday, April 9, 2016 - 02:00
Iran’s Securities Regulator Joins International Regulatory Body
Global Reconnection
Economy Business And Markets
It took the Iranian financial market’s regulator eight years, but the Securities and Exchange Organization has finally joined the International Organization of Securities Commissions, which monitors the world’s securities and futures markets.
Iranian authorities are determined to once again connect Iran with global commerce and business. SEO’s acceptance as an associate member in the 33-year-old organization is part of this trend. It will ease cross-border trading and foreign investment in Iran’s capital markets.
Yet the main connection with the World Trade Organization remains in the works, Mehr News Agency reported.
Iran emerged from years of economic sanctions in January when world powers led by the United States and the European Union lifted crippling sanctions against OPEC’s No. 3 oil producer in return for curbs on Tehran’s nuclear program. Sanctions relief has opened a new chapter in the Islamic Republic’s relations with the world.
IOSCO develops regulatory frameworks and standards, and helps its over 200 members implement them. The Madrid-based organization has a committee specializing in developing emerging markets to help them get up to speed with international standards.
“The SEO’s policy is active and effective membership in IOSCO and its committees,”
Bahador Bijani, SEO’s vice-chairman for international & foreign investment affairs, said.
With Iran’s securities markets bidding to get foreign investments, adhering to international standards becomes a must as it “enhances investor protection and promotes investor confidence in the integrity of Iran’s securities markets”, in Bijani’s words.
“The transfer of technology and expertise, along with utilizing IOSCO’s training programs, offers an extraordinary opportunity to Iran’s capital markets,” said Bahadori.
The SEO has been admitted into IOSCO’s African-Middle East Regional Committee and Emerging Markets Committee. The acceptance was confirmed in a letter from IOSCO Secretary-General Paul P. Andrews to SEO President Mohammad Fetanatfard.
The African-Middle East Committee is one of the four regional committees IOSCO divides its members into. Others include the Asia-Pacific Regional Committee, the European Regional Committee and the Inter-American Regional Committee.
The Emerging Markets Committee conducts studies on those markets and suggests ways of improving them. It has 80 ordinary and associate members—plus one non-voting member, the US Securities and Exchange Commission—from Latin America, Europe, Africa, the Middle East and Asia.
According to SEO officials, Iran’s four exchanges, namely Tehran Stock Exchange, Iran Fara Bourse, Iran Mercantile Exchange and Iran Energy Exchange, can join IOSCO as affiliate members if they comply with its regulations.
Furthermore, TSE’s suspension from the World Federation of Exchanges can now be annulled. The London-based organization suspended TSE’s membership because the SEO was not a member of IOSCO.
WFE is a trade association of 64 publicly-regulated stocks, futures and options exchanges. The 54-year-old organization organizes committees, meetings, general assemblies, conferences and workshops for its members to transfer know-how and share expertise.
Short Url : http://ift.tt/1VdKaAv
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