Part 2:
Mountainman: This "GATEWAY" will be like NEW YORK'S Manhattan Center......(see article below)
Remember the MONETARY AUTHORITY Of SINGAPORE...??? (THEY) will use this CENTER as it says here for Movement of Money.......This will Include FOREIGN BANKS......Like BRICS ,AIIB etc.......
This A Precursor for the NEW WORLD ORDER Central......This Is Brought to You by 12/1......IMO
Blessings,Mountainman (8)=New Beginnings.......for A "NEW" Chase From MANHATTAN=Coast to COAST.........INDEED......
....
Mountainman: This "GATEWAY" will be like NEW YORK'S Manhattan Center......(see article below)
Remember the MONETARY AUTHORITY Of SINGAPORE...??? (THEY) will use this CENTER as it says here for Movement of Money.......This will Include FOREIGN BANKS......Like BRICS ,AIIB etc.......
This A Precursor for the NEW WORLD ORDER Central......This Is Brought to You by 12/1......IMO
Blessings,Mountainman (8)=New Beginnings.......for A "NEW" Chase From MANHATTAN=Coast to COAST.........INDEED......
....
Thunderhawk: China, Iran to set up oil export terminal in Persian Gulf
China and Iran have agreed to jointly build an oil terminal in the Persian Gulf.
According to China's People’s Daily Online, the oil terminal will be built on Qeshm Island in the southern part of the Persian Gulf and will turn the island into a major center for oil production and storage.
The $550-million contract was signed by Iran's Machine Making Co. and China's largest heavy industry enterprise.
With the completion of the first stage of the joint project, Qeshm Island will be able to store 10 million barrels of light, heavy and ultra-heavy crude oil produced in Iran's West Karoun region.
The oil terminal will be large enough to handle tankers up to 140 meters deep and store an estimated 30 million barrels of crude.
In keeping with a 10-year lease contract the terminal will generate up to $300 million in revenues annually.
Qeshm Island, with an area of 1,491 square kilometers, is the largest island in the Persian Gulf and lies to the north of the Strait of Hormuz.
Iran also plans to set up a financial center on Qeshm Island as a gateway for foreign banks and other institutions to enter its domestic market, Bloomberg reported on Tuesday.
Several Chinese and Russian banks have already expressed interest in opening offices on the island.
http://ift.tt/23ecN13
************
Mountainman: We {ALL} Know that SMALL BUSINESSES are the Engine for LOCAL and NATIONAL GROWTH.....
With So MANY BIG Banks Over Leveraged w/Debt,People are Flocking to Smaller and More Conservative/Customer Oriented Banks......like CREDIT UNIONS etc......IMO
Blessings,Mountainman (8)=New Beginnings.......for BIG BANK Overhauls.........INDEED........
Thunderhawk: Bank rules not hindering U.S. economy: FDIC chief
Gruenberg lauded community banks as an engine of economic growth and lamented that so few small lenders are in the market.
"We could use more community banks in this country," he said. "We're going to try and work on that."
Leaders of the banking industry have criticized regulations such as the Dodd-Frank Wall Street Reform and Consumer Protection Act, which has added layers of federal supervision and lending rules.
"The growing volume of banking regulations is negatively impacting customers," Roger Beverage, president of the Oklahoma Bankers Association told lawmakers last week.
The cost of complying with federal lending rules are particularly burdensome for smaller lenders, he told a banking panel in the House of Representatives.
The rules are one factor constricting credit to small- and medium-sized businesses that drive job growth, Steve Strongin, a Goldman Sachs researcher, said earlier this month.
The number of small businesses has declined since the onset of the financial crisis as Dodd-Frank began to bite and credit has become more costly, Strongin has argued.
http://ift.tt/1WOSE1G
*************
Thunderhawk: Family - We now see what Monetary Authority of Singapore gave Iran Authority to do.
OZ moves another piece on the chess board. A new financial center for a new reality.....
Follow the money - all roads lead to one.... ThunderHawk IMO
Mountainman: EVERYONE wants to be on "The GROUND FLOOR" of BIG EVENTS......Well The CAPITAL of OZ=The MAS has and is ESTABLISHING It's MECCA of GLOBAL Interchange for {ALL} Major PLAYERS in the NEW REALITY of (VALUES).......
WHO are We Really waiting On "A Country".....or A FAMILY who Runs this NEW REALITY to Get (THEIR) GLOBAL FINANCIAL AFFAIRS in ORDER=PRIORITIZING of WHO<WHAT<WHERE<WHEN<WHY, and HOW 198 Countries "ASYNCHRONOUSLY"
Transition their Respective Economies.....???......
This NEW MECCA will Move The WATERS of TRADE to The FAST TRACKS of TRAINS.......
The FLOW of MONEY in "IT'S" BANK/S is Powerful and Needed.......REMEMBER.....{T R A D E} is the Name of the GAME.....IMO
Blessings,Mountainman (8)=New Beginnings......for A NEW GLOBAL BANKING CENTER, A Mecca of TRADE.......HEADQUARTERS........Say What......???.......INDEED.......
This PSA has been Approved by the MONETARY AUTHORITY of SINGAPORE=12/1......
Thunderhawk: Iran in talks with Chinese, Russian banks on finance hub plan
Iran plans to set up a financial center on the free zone at Qeshm Island in Hormuzgan Province as it seeks to attract financial institutions to an 80-million-strong market.
Chinese and Russian banks are seeking to set up representative offices in the area, Farhad Taqizadeh-Hesari, senior adviser to Qeshm Investment and Development Co., said in an interview.
One of Japan's largest banks is also negotiating on establishing a presence, he said, declining to identify the banks, Bloomberg reported.
"The aim for this financial center isn't to look onto Qeshm, but to be a window onto the mainland." he said. "There is much interest to enter Iran."
Iran's economy has traditionally relied on oil revenue and consumption by the internal market. That market provides opportunities for retail banking and project finance as the country vies to overhaul its infrastructure and spend billions of dollars expanding airports, transportation links and its energy sector after the lifting of economic sanctions in January.
The International Monetary Fund expects Iran's economy to expand four percent in the 12 months to March 2017.
http://ift.tt/23ebNtT
China and Iran have agreed to jointly build an oil terminal in the Persian Gulf.
According to China's People’s Daily Online, the oil terminal will be built on Qeshm Island in the southern part of the Persian Gulf and will turn the island into a major center for oil production and storage.
The $550-million contract was signed by Iran's Machine Making Co. and China's largest heavy industry enterprise.
With the completion of the first stage of the joint project, Qeshm Island will be able to store 10 million barrels of light, heavy and ultra-heavy crude oil produced in Iran's West Karoun region.
The oil terminal will be large enough to handle tankers up to 140 meters deep and store an estimated 30 million barrels of crude.
In keeping with a 10-year lease contract the terminal will generate up to $300 million in revenues annually.
Qeshm Island, with an area of 1,491 square kilometers, is the largest island in the Persian Gulf and lies to the north of the Strait of Hormuz.
Iran also plans to set up a financial center on Qeshm Island as a gateway for foreign banks and other institutions to enter its domestic market, Bloomberg reported on Tuesday.
Several Chinese and Russian banks have already expressed interest in opening offices on the island.
http://ift.tt/23ecN13
************
Mountainman: We {ALL} Know that SMALL BUSINESSES are the Engine for LOCAL and NATIONAL GROWTH.....
With So MANY BIG Banks Over Leveraged w/Debt,People are Flocking to Smaller and More Conservative/Customer Oriented Banks......like CREDIT UNIONS etc......IMO
Blessings,Mountainman (8)=New Beginnings.......for BIG BANK Overhauls.........INDEED........
Thunderhawk: Bank rules not hindering U.S. economy: FDIC chief
Gruenberg lauded community banks as an engine of economic growth and lamented that so few small lenders are in the market.
"We could use more community banks in this country," he said. "We're going to try and work on that."
Leaders of the banking industry have criticized regulations such as the Dodd-Frank Wall Street Reform and Consumer Protection Act, which has added layers of federal supervision and lending rules.
"The growing volume of banking regulations is negatively impacting customers," Roger Beverage, president of the Oklahoma Bankers Association told lawmakers last week.
The cost of complying with federal lending rules are particularly burdensome for smaller lenders, he told a banking panel in the House of Representatives.
The rules are one factor constricting credit to small- and medium-sized businesses that drive job growth, Steve Strongin, a Goldman Sachs researcher, said earlier this month.
The number of small businesses has declined since the onset of the financial crisis as Dodd-Frank began to bite and credit has become more costly, Strongin has argued.
http://ift.tt/1WOSE1G
*************
Thunderhawk: Family - We now see what Monetary Authority of Singapore gave Iran Authority to do.
OZ moves another piece on the chess board. A new financial center for a new reality.....
Follow the money - all roads lead to one.... ThunderHawk IMO
Mountainman: EVERYONE wants to be on "The GROUND FLOOR" of BIG EVENTS......Well The CAPITAL of OZ=The MAS has and is ESTABLISHING It's MECCA of GLOBAL Interchange for {ALL} Major PLAYERS in the NEW REALITY of (VALUES).......
WHO are We Really waiting On "A Country".....or A FAMILY who Runs this NEW REALITY to Get (THEIR) GLOBAL FINANCIAL AFFAIRS in ORDER=PRIORITIZING of WHO<WHAT<WHERE<WHEN<WHY, and HOW 198 Countries "ASYNCHRONOUSLY"
Transition their Respective Economies.....???......
This NEW MECCA will Move The WATERS of TRADE to The FAST TRACKS of TRAINS.......
The FLOW of MONEY in "IT'S" BANK/S is Powerful and Needed.......REMEMBER.....{T R A D E} is the Name of the GAME.....IMO
Blessings,Mountainman (8)=New Beginnings......for A NEW GLOBAL BANKING CENTER, A Mecca of TRADE.......HEADQUARTERS........Say What......???.......INDEED.......
This PSA has been Approved by the MONETARY AUTHORITY of SINGAPORE=12/1......
Thunderhawk: Iran in talks with Chinese, Russian banks on finance hub plan
Iran plans to set up a financial center on the free zone at Qeshm Island in Hormuzgan Province as it seeks to attract financial institutions to an 80-million-strong market.
Chinese and Russian banks are seeking to set up representative offices in the area, Farhad Taqizadeh-Hesari, senior adviser to Qeshm Investment and Development Co., said in an interview.
One of Japan's largest banks is also negotiating on establishing a presence, he said, declining to identify the banks, Bloomberg reported.
"The aim for this financial center isn't to look onto Qeshm, but to be a window onto the mainland." he said. "There is much interest to enter Iran."
Iran's economy has traditionally relied on oil revenue and consumption by the internal market. That market provides opportunities for retail banking and project finance as the country vies to overhaul its infrastructure and spend billions of dollars expanding airports, transportation links and its energy sector after the lifting of economic sanctions in January.
The International Monetary Fund expects Iran's economy to expand four percent in the 12 months to March 2017.
http://ift.tt/23ebNtT
Mountainman: IRAN is Also MOVING FORWARD w/their TRADE AGREEMENTS and EU ALLIANCES.......
W/the BREXIT "at the DOOR"......{ALL} EU Countries Need Business to FLOW Like A RESERVOIR=It (Must) have an INLET and an OUTLET......therefore, NEW Independent Currencies Will Rise and Need HELP as the NEW GLOBAL REALITY becomes just that.....A REALITY for them {ALL}.....IMO
Blessings,Mountainman (8)=New Beginnings........for IRAN will RUN into A NEW REALITY.......Soon......Yup,Yup......Indeed.....
Thunderhawk: Small banks help Iran slowly restore foreign financial ties
Iran is gradually restoring banking links with the rest of the world by forging ties with smaller foreign institutions, even though large global banks are still holding back due to legal risks, Iranian officials and foreign bankers said.
Since international sanctions over Iran's nuclear program were lifted in January, the world's big banks have continued to stay away out of fear of being penalized by remaining US sanctions over issues such as money laundering. This has slowed Iran's efforts to rebuild its foreign trade and lure investment, Reuters reported.
However, in the last few weeks, the officials and bankers say, Tehran has begun making a dent in its financial isolation by forging banking channels via small institutions, many of which do little or no business in the United States and so feel less legally exposed when they engage with Iran.
"Two hundred small- and medium-sized international banks have started correspondent relationships with Iranian banks," Central Bank of Iran said in an emailed response to questions by Reuters.
Two foreign commercial bankers in the Persian Gulf, who declined to be named because of commercial sensitivities, said that number was roughly in line with their understanding of the scope of Iran's banking links at present.
Under the nuclear sanctions, Iranian companies used methods such as transfers of funds through money changers and barter to conduct trade, which was expensive, time-consuming and sometimes unreliable. Normal banking channels make trade much easier by cutting costs and reducing risk.
The smaller banks cannot provide as much financing as the top global institutions and may offer a narrower range of services. But their activities appear to be supporting a gradual revival of trade between Iran and Europe.
European Union foreign policy chief Federica Mogherini said trade between the EU and Iran increased by 22 percent in the first four months this year — though that still leaves trade far below pre-sanctions levels. Two-way trade plunged 72 percent from 2011 to €7.7 billion ($8.6 billion) last year.
Giovanni Castellaneta, chairman of Italy's export credit agency SACE, told Reuters that some small European banks without business ties to the United States had begun doing transactions with Iran to support trade.
Iranian banks are now opening accounts and letters of credit with foreign banks and conducting "currency transfers in the form of issuing payment orders for foreign exchange services and imports", Iran's central bank said.
It added that Iran's main banking relationships had been formed with institutions in Asia and Europe, and to a lesser extent in the Americas and Africa.
http://ift.tt/1WOSGGT
Mountainman: FAMILY.......Many Blessings,Good Night from HAWK and I.......
Nite {ALL}.......Mountainman and Hawk.....
W/the BREXIT "at the DOOR"......{ALL} EU Countries Need Business to FLOW Like A RESERVOIR=It (Must) have an INLET and an OUTLET......therefore, NEW Independent Currencies Will Rise and Need HELP as the NEW GLOBAL REALITY becomes just that.....A REALITY for them {ALL}.....IMO
Blessings,Mountainman (8)=New Beginnings........for IRAN will RUN into A NEW REALITY.......Soon......Yup,Yup......Indeed.....
Thunderhawk: Small banks help Iran slowly restore foreign financial ties
Iran is gradually restoring banking links with the rest of the world by forging ties with smaller foreign institutions, even though large global banks are still holding back due to legal risks, Iranian officials and foreign bankers said.
Since international sanctions over Iran's nuclear program were lifted in January, the world's big banks have continued to stay away out of fear of being penalized by remaining US sanctions over issues such as money laundering. This has slowed Iran's efforts to rebuild its foreign trade and lure investment, Reuters reported.
However, in the last few weeks, the officials and bankers say, Tehran has begun making a dent in its financial isolation by forging banking channels via small institutions, many of which do little or no business in the United States and so feel less legally exposed when they engage with Iran.
"Two hundred small- and medium-sized international banks have started correspondent relationships with Iranian banks," Central Bank of Iran said in an emailed response to questions by Reuters.
Two foreign commercial bankers in the Persian Gulf, who declined to be named because of commercial sensitivities, said that number was roughly in line with their understanding of the scope of Iran's banking links at present.
Under the nuclear sanctions, Iranian companies used methods such as transfers of funds through money changers and barter to conduct trade, which was expensive, time-consuming and sometimes unreliable. Normal banking channels make trade much easier by cutting costs and reducing risk.
The smaller banks cannot provide as much financing as the top global institutions and may offer a narrower range of services. But their activities appear to be supporting a gradual revival of trade between Iran and Europe.
European Union foreign policy chief Federica Mogherini said trade between the EU and Iran increased by 22 percent in the first four months this year — though that still leaves trade far below pre-sanctions levels. Two-way trade plunged 72 percent from 2011 to €7.7 billion ($8.6 billion) last year.
Giovanni Castellaneta, chairman of Italy's export credit agency SACE, told Reuters that some small European banks without business ties to the United States had begun doing transactions with Iran to support trade.
Iranian banks are now opening accounts and letters of credit with foreign banks and conducting "currency transfers in the form of issuing payment orders for foreign exchange services and imports", Iran's central bank said.
It added that Iran's main banking relationships had been formed with institutions in Asia and Europe, and to a lesser extent in the Americas and Africa.
http://ift.tt/1WOSGGT
Mountainman: FAMILY.......Many Blessings,Good Night from HAWK and I.......
Nite {ALL}.......Mountainman and Hawk.....
via Dinar Recaps - Our Blog http://ift.tt/1WOSOGb
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