KTFA:
Mountainman: AWESOME ARTICLE Don........And We Know BASEL 3,The IMF, and {ALL} Other INTERNATIONAL/REGIONAL BANKS CANNOT Possibly DEAL w/IRAQ w/Out a {INTERNATIONALLY} Recognized.....Non-Scam.....TRADEABLE CURRENCY......LOL......
Otherwise A COUNTRY .........[Cannot] Participate on the GLOBAL CHESS BOARD of TRADE......Send this ONE to The BANKS I say.....{ALL} of them.....I certainly have talked w/MANY over the Years......{ALL} the Way Up their "FOOD CHAIN"......So to Speak....and YES In The END they will REALIZE that they too Were MANIPULATED from The TOP DOWN.........SAD but TRUE.......IMO
Blessings,Mountainman (8)=New Beginnings......for those Who Said {NEVER} IRAQ/OTHER COUNTRIES......
....
Mountainman: AWESOME ARTICLE Don........And We Know BASEL 3,The IMF, and {ALL} Other INTERNATIONAL/REGIONAL BANKS CANNOT Possibly DEAL w/IRAQ w/Out a {INTERNATIONALLY} Recognized.....Non-Scam.....TRADEABLE CURRENCY......LOL......
Otherwise A COUNTRY .........[Cannot] Participate on the GLOBAL CHESS BOARD of TRADE......Send this ONE to The BANKS I say.....{ALL} of them.....I certainly have talked w/MANY over the Years......{ALL} the Way Up their "FOOD CHAIN"......So to Speak....and YES In The END they will REALIZE that they too Were MANIPULATED from The TOP DOWN.........SAD but TRUE.......IMO
Blessings,Mountainman (8)=New Beginnings......for those Who Said {NEVER} IRAQ/OTHER COUNTRIES......
....
Don961: the Arab banks need to adjust to international standards ... and are studying ways to integrate their policies with them ...
Fattouh: militancy in the application of international standards, the most important challenges of the banks .. and integration necessary to mitigate risks
He confirmed and Sam Fattouh , Secretary General of the Union of Arab Banks, the Arab banks and correspondent banks, is facing major challenges in the current period, as a result of militancy in the application of global regulatory standards and economic and trade sanctions, so it is important to discuss ways to Arab banking integration to face the risk among Arab banks ease.
He that the issue of the risk of interest to many international organizations and institutions that are trying to identify a clear concept of it so that they can define their policies to deal with this issue , which has become widespread in recent times of financial institutions, especially banks in assessing, explaining that in this context , be held Union of Arab banks expanded forum on risk assessment in Jordan on May 16, with the broad participation of banks and Arab banks.
He revealed that the Union of Arab banks and the IMF conducted a questionnaire Arab banks to assess how affected by the enforcement of anti - money laundering and terrorist financing laws, and the law Vta, and the application of Basel 3 and the projected results highlight areas which need further analysis, so it looks Union to complete its initiative with the international Monetary Fund, for the adoption of the principle of risk management and not be avoided, and to discuss the lack of a clear understanding by some banks and financial institutions the requirements of international standards to combat money laundering and financing of terrorism.
He said Fattouh, that the forum, which lasts over two days, will discuss the most important and the last thing the amendments on the international and regional initiatives in the light of the negative effects resulting from the fact that some international banks to reduce or terminate correspondent banking relationships with many regional banks, will also discuss the perception of the Arab region at risk correspondent banks, required from the authorities and the role regulatory Arab to reduce the risks that may be exposed to Arab banks easing operations, as well as required from the Arab banks to reduce the risk mitigation operations role
http://ift.tt/1T4wKRI
**
BACKDOC: THE REASON THE IMF IS TELLING THEM THIS IS LIKE I SAID EACH COUNTRY WILL HAVE A FIXED VALUE TO SUPPORT ITS CURRENCY.
TAX REVENUES WILL HAVE TO MATCH EXPENDITURES!
THIS WILL BE VERY DIFFICULT FOR COUNTRIES TO MAKE THIS CHANGE. PRINTING WISHES AND LIVING WITH BUDGET DEFICITS ARE NOW A THING OF THE PAST!
THE FISCAL REPAIR FOR COUNTRIES IS NOW UNDERWAY SINCE THE MAY 8TH LAUNCH! WHEN WILL THEY SHOW IT? DOC IMO
Doodlebug: IMF calls for Greece to cut spending
Economy News / Agencies ... He called on the International Monetary Fund and European partners to apply more austerity measures in Greece to provide four billion euros from the country's budget, in anticipation of the inability to achieve future budget targets.
Greece seeks to cut spending about three percent of the GDP of the country, or 5.4 billion euros, by the year 2018
The Greek Parliament approved a package of austerity measures on taxes and pensions in the country, as it allows access to external financial aid worth five billion euros.
At the same time, the unions objected to the law which provides for the reduction of the retirement highest salaries and the integration of a number of insurance funds and increase financial contributions for retirement, duties and taxes on the owners of medium and large incomes.
And Greece had agreed last year on a third package of bailout worth 86 billion euros in the period, which amounted to the country's crisis peaked last summer, when he stumbled in its payments and waved out of the Union European.
The measures taken came after a letter addressed to the Director-General of the International Monetary Fund Christine Lagarde Friday, finance ministers from the euro zone in order to move the frozen discussions on the issue of debt reduction.
The issue is more urgent with the approach of the batch is supposed to be paid by Greece, the European Central Bank in July as concerns that lagging Athens for repayment in the event of failure to resolve the issue.
It should be noted that the International Monetary Fund provides resources at the request of member countries and are usually in under an agreement and economic measures specific country in question agrees to implement to resolve the problem of the balance of payments, and assume the member country in consultation with the IMF to identify economic policy program, which is based in the Agreement.
LINK
Fattouh: militancy in the application of international standards, the most important challenges of the banks .. and integration necessary to mitigate risks
He confirmed and Sam Fattouh , Secretary General of the Union of Arab Banks, the Arab banks and correspondent banks, is facing major challenges in the current period, as a result of militancy in the application of global regulatory standards and economic and trade sanctions, so it is important to discuss ways to Arab banking integration to face the risk among Arab banks ease.
He that the issue of the risk of interest to many international organizations and institutions that are trying to identify a clear concept of it so that they can define their policies to deal with this issue , which has become widespread in recent times of financial institutions, especially banks in assessing, explaining that in this context , be held Union of Arab banks expanded forum on risk assessment in Jordan on May 16, with the broad participation of banks and Arab banks.
He revealed that the Union of Arab banks and the IMF conducted a questionnaire Arab banks to assess how affected by the enforcement of anti - money laundering and terrorist financing laws, and the law Vta, and the application of Basel 3 and the projected results highlight areas which need further analysis, so it looks Union to complete its initiative with the international Monetary Fund, for the adoption of the principle of risk management and not be avoided, and to discuss the lack of a clear understanding by some banks and financial institutions the requirements of international standards to combat money laundering and financing of terrorism.
He said Fattouh, that the forum, which lasts over two days, will discuss the most important and the last thing the amendments on the international and regional initiatives in the light of the negative effects resulting from the fact that some international banks to reduce or terminate correspondent banking relationships with many regional banks, will also discuss the perception of the Arab region at risk correspondent banks, required from the authorities and the role regulatory Arab to reduce the risks that may be exposed to Arab banks easing operations, as well as required from the Arab banks to reduce the risk mitigation operations role
http://ift.tt/1T4wKRI
**
BACKDOC: THE REASON THE IMF IS TELLING THEM THIS IS LIKE I SAID EACH COUNTRY WILL HAVE A FIXED VALUE TO SUPPORT ITS CURRENCY.
TAX REVENUES WILL HAVE TO MATCH EXPENDITURES!
THIS WILL BE VERY DIFFICULT FOR COUNTRIES TO MAKE THIS CHANGE. PRINTING WISHES AND LIVING WITH BUDGET DEFICITS ARE NOW A THING OF THE PAST!
THE FISCAL REPAIR FOR COUNTRIES IS NOW UNDERWAY SINCE THE MAY 8TH LAUNCH! WHEN WILL THEY SHOW IT? DOC IMO
Doodlebug: IMF calls for Greece to cut spending
Economy News / Agencies ... He called on the International Monetary Fund and European partners to apply more austerity measures in Greece to provide four billion euros from the country's budget, in anticipation of the inability to achieve future budget targets.
Greece seeks to cut spending about three percent of the GDP of the country, or 5.4 billion euros, by the year 2018
The Greek Parliament approved a package of austerity measures on taxes and pensions in the country, as it allows access to external financial aid worth five billion euros.
At the same time, the unions objected to the law which provides for the reduction of the retirement highest salaries and the integration of a number of insurance funds and increase financial contributions for retirement, duties and taxes on the owners of medium and large incomes.
And Greece had agreed last year on a third package of bailout worth 86 billion euros in the period, which amounted to the country's crisis peaked last summer, when he stumbled in its payments and waved out of the Union European.
The measures taken came after a letter addressed to the Director-General of the International Monetary Fund Christine Lagarde Friday, finance ministers from the euro zone in order to move the frozen discussions on the issue of debt reduction.
The issue is more urgent with the approach of the batch is supposed to be paid by Greece, the European Central Bank in July as concerns that lagging Athens for repayment in the event of failure to resolve the issue.
It should be noted that the International Monetary Fund provides resources at the request of member countries and are usually in under an agreement and economic measures specific country in question agrees to implement to resolve the problem of the balance of payments, and assume the member country in consultation with the IMF to identify economic policy program, which is based in the Agreement.
LINK
BACKDOC: YES IT'S ON ITS WAY TO RECOVERY EVENTUALLY BECAUSE PRICES WILL BE CONTROLLED REGARDLESS OF SUPPLY!
THE UNIVERSAL SDR CURRENCY WILL REPLACE THE GOLD STANDARD AND THE DOLLAR AS A BASISI OF VALUE IN THE NEW REALITY! DOC IMO
Doodlebug: Qatari Energy Minister: the global oil market is on its way to recovery
May 10, 2016 13:45
Doha - directly: Qatari Minister of Energy and Industry, and the current president of OPEC, said on Tuesday that the global oil market is on its way to recovery, according to a statement from the Qatari Ministry of Energy.
According to the statement, said Dr. Mohammed Bin Saleh Al-Sada, said that the second quarter of this year saw a marked increase in global demand for oil as a result of an increase in demand for its products, especially for gasoline.
He explained gentlemen, according to the statement, it is expected to continue to rise at rates greater from next month with the start of the travel season and increased demand for motor fuel.
He added, as reported in the statement, that "the global production of oil continues to drop."
He explained gentlemen, according to the statement, that many of the high-cost production plants close, in addition to the decrease in the number of operating rigs, led to a decline in production in many locations around the world. Also it resulted in the current oil price levels for the weakness of the desire to invest in the sector.
He added, according to the statement, that the market is going in the right direction, and is expected to return to balance in the second half of this year.
It is scheduled to ministers of OPEC members will meet in the Austrian capital Vienna, the second day of the month of June; to discuss the oil market situation and expectations for the future. LINK
THE UNIVERSAL SDR CURRENCY WILL REPLACE THE GOLD STANDARD AND THE DOLLAR AS A BASISI OF VALUE IN THE NEW REALITY! DOC IMO
Doodlebug: Qatari Energy Minister: the global oil market is on its way to recovery
May 10, 2016 13:45
Doha - directly: Qatari Minister of Energy and Industry, and the current president of OPEC, said on Tuesday that the global oil market is on its way to recovery, according to a statement from the Qatari Ministry of Energy.
According to the statement, said Dr. Mohammed Bin Saleh Al-Sada, said that the second quarter of this year saw a marked increase in global demand for oil as a result of an increase in demand for its products, especially for gasoline.
He explained gentlemen, according to the statement, it is expected to continue to rise at rates greater from next month with the start of the travel season and increased demand for motor fuel.
He added, as reported in the statement, that "the global production of oil continues to drop."
He explained gentlemen, according to the statement, that many of the high-cost production plants close, in addition to the decrease in the number of operating rigs, led to a decline in production in many locations around the world. Also it resulted in the current oil price levels for the weakness of the desire to invest in the sector.
He added, according to the statement, that the market is going in the right direction, and is expected to return to balance in the second half of this year.
It is scheduled to ministers of OPEC members will meet in the Austrian capital Vienna, the second day of the month of June; to discuss the oil market situation and expectations for the future. LINK
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