Don't WAIT!

Saturday, April 23, 2016

News, Rumors and Opinions Saturday Morning 4-23-16

TNT:

Hoodie:  The RV is very simple -- Lower denoms go out in Iraq, Shibbibi gives IMF a rate-- IMF gives the rate to the World bank and boom international. anything else is hearsay

Yada:  Simple as that Hoodie,,,, believe the banks already have the lower denoms,, just waiting until after the RV to release

Pearle:  I believe everything is done except to go ahead...I believe they can activate in 24 hours if they desire...there are things they want done that's why they have not activated it

Hoodie:  Pearle - like a basketball game - you maybe so far ahead in the game that there is no chance for the other team to win but they keep playing to teach other team members but sometimes miracles do happen – smile
....
TNT:

Yada:  Lets review what we know: 2 weeks ago or so, they declared their currency International: with that declaration, that means all the budgets, laws, and stuff were completed to satisfaction,,,,

The auctions were stopped in preparation of a price increased in the value,, despite the unrest with the cabinet issues,, the ones pushing the button can push now,

Why? because the usefulness of the cabinet members can’t stop the process…that is largely why Abibi was able to dissolve his cabinet from one of the article we read this past week,

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WSOMN:

ACDC:  Sat May 1st is a holiday in Iraq. Next weekend presents itself as an opportunity to see this whole plan come together. 

It is not about Iraq per say but this global event has all players involved and we just have been focusing on Iraq. China has done its part

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Kirkwood:  THINK....REALLY....how many people have you told about this...your ,,family and friends,,,,did they think you lost your mind,,,,you are off base....right,,, BUT YOU KNEW IN YOUR HEART,,, this was your last chances,,,,or your new LIFE,,,,,,,YOU BELIEVED IT IS TRUE....we will help others as we wanted...now....1800 GOT BANK

Today...IS YOUR TIME....you must believe...this is ,,,MEANT TO BE

Think this is .....NOW....time to really think it is real..TO KNOW,,,,,THANK YOU...we are really blessed...to be here now...OTHERS DO NOT KNOW....WOOOOOOOOOOOO. THAT is so unreal…. you are the ones.....TO LEAD

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Dinar Updates:

BGG: (Reposted)   It appears, last Tuesday, for about 3 hours – the Investing.com  trading platform was showing an increased value to around 8 1/2 cents…only for about 3 hours, but still…very exciting. 

It is reflecting 11.8 Dinars per 1 USD. To figure the value – since it is in divisions of 1 USD… take 1 (USD) divided by 11.8 = .08475 (ish)… or about 8 1/2 cents.

Is this where I think it will end? NO. Is this where I think it will start? It may already have.

Are trading platforms “quirky”? Yes, notoriously…However, this shows up a number of different ways, and not just in one instance… though it doesn’t show up on all of their templates, this goes hand – in – hand with the recent vein of news that Iraq is “readying” themselves for some “major integration” with the world markets. 

I am neither predicting nor proclaiming… I am simply sharing and commenting on what is readily available. Very exciting times…

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WingIt:

Beams:  Good Morning. PT has an interesting video out .. (in case you haven't seen it yet) >>  https://www.youtube.com/watch?v=gFOaDb6Mb9Y

KTFA:

Nadita:  Joel Osteen Ministries

April 21 at 7:50pm ·

There’s always a reason for a delay. We may not understand it—sometimes it’s just a test of our faith—but don’t get discouraged and give up. While you’re waiting for a situation to turn around, if you’ll pass the test of keeping a good attitude, you won’t miss out on God’s best.

His timing is perfect.

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Mountainman:  Congress Approves IMF Change in Favor of Emerging Markets........???

WHEN was the MATH for IRAQ{Turned} In to the IMF.....???.....and Is This Article's (REALITY)/TIMING RELATED to "IT".....???.....Hmmm.....{Time} to"CONNECT  The DOTS"......w/ {TIMING}.....
.
IMO.....MM   (8)=New Beginnings.......Here As Well....IMO

Islandg1211:  Good catch MM! Love connecting the dots. And when does the IMF prefer to RV? (end of april) Who's in charge? GOI? Not!

December 18, 2015 — 12:17 PM MST Updated on December 19, 2015 — 10:16 AM MST

China to jump to third-biggest IMF shareholder under changes


Vote clears way for giving even more voice to emerging markets

U.S. lawmakers approved changes to International Monetary Fund governance that will give more of a voice to emerging markets such as China and India in exchange for greater congressional oversight of the fund.

The House and Senate on Friday passed a $1.1-trillion spending plan that includes language implementing the IMF reforms, which have been awaiting congressional ratification since 2010, a delay that spurred global criticism of the U.S. President Barack Obama, who supported the change, signed the bill on Friday.

Ratification also clears the way for the Washington-based fund to begin reviewing another round of changes that could give China and other emerging markets an even bigger voting share. The IMF’s executive board is expected to consider a timetable as early as January for the next review of the institution’s share system.

IMF Managing Director Christine Lagarde said the changes approved Friday will “strengthen the IMF in its role of supporting global financial stability.”

“The reforms significantly increase the IMF’s core resources, enabling us to respond to crises more effectively, and also improve the IMF’s governance by better reflecting the increasing role of dynamic emerging and developing countries in the global economy,” she said in a statement.

Last Resort

The IMF’s executive board approved a plan in 2010 to increase the voting share of emerging economies and double the amount of permanent funding available to the Washington-based fund, which serves as a lender of last resort to countries that face capital shortfalls.

Some Republican lawmakers had previously said the shift would give too much influence to countries that don’t share U.S. interests, while others questioned the need for international bailouts.

Emerging-market leaders had warned that the IMF would lose legitimacy if its voting structure didn’t reflect the growing economic clout of countries such as India and China. The delay may have helped push China to establish the Asian Infrastructure Investment Bank, a development lender similar to the World Bank.

Lawmakers imposed several conditions on their support for the reforms. The Treasury Department must push to repeal the fund’s so-called systemic-exemption policy, according to the budget bill. The policy allows the board to relax the IMF’s lending standards when a country’s default has major spillover risks. The board invoked the exemption in approving a bailout for Greece in 2010.

Congress must also approve any extension beyond 2022 of U.S. participation in a credit line provided to the IMF during the financial crisis to increase its capital.

Normal Limits

In addition, the U.S. representative on the IMF’s board must report to lawmakers when voting in favor of any loans that exceed the fund’s normal limits.

China, the world’s second-largest economy, currently ranks sixth in voting shares at the IMF, behind the U.S., Japan, Germany, France and the U.K. Under the 2010 plan, China would jump to third, while India would climb to eighth from 11th and Brazil would move up four spots to 10th.

The fund is primarily financed by shares, known as quotas, assigned to its 188 member countries. The proposal would double the number of total quotas, while rolling back by a corresponding amount the crisis-era credit line, known as the New Arrangements to Borrow.
Quota reform “sounds esoteric to many people.

What it stands for around the world is American leadership,” U.S. Treasury Secretary Jacob J. Lew said in an interview with “CNN’s Fareed Zakaria GPS” that will air on Sunday. “Things like approving quota reform mean we’re going to stay very strong on the world stage,” Lew said in a transcript provided by the network.

China’s central bank said in a statement on Saturday that it welcomes the ratification of the 2010 quota and governance reforms by the U.S. Congress.

“Going forward, China will work closely with other member countries to support the IMF to continuously improve its quota and governance structure, to ensure that the IMF remains a quota-based and adequately resourced institution,” the People’s Bank of China said in the statement.

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