KTFA:
Mountainman: The SUMMER FIREWORKS are Working their Way From EAST to WEST Now Aren't They!!!!!!!! (see article below)
Notice it's a Department w/in IRAN'S CENTRAL BANK telling {ALL} about their URGENT PRIORITY List......After {ALL} this TIME since January,16,2016="IMPLEMENTATION DAY".......Hmmm and NOW a Sense of URGENCY to "CONNECT w/Other "INTERNATIONAL PAYMENT SYSTEMS" !!!!!!!!
Ok IRAN we hear You Loud and Clear......LOL...... "EXCHANGE RATES" in the Forex are a MAJOR Priority at "THIS TIME".......
Really.....??? What You Guys are REALLY Trying to say is......We Have A NEW VALUE and We Like Our Shia Bro IRAQ are Expectinga "NEED for SPEED" as a (Finality to Our New Reality) Hits the NEW GLOBAL PLATFORM w/The NEW IEX on SEPT 2,2016......and Just like the USD and The PETRO DOLLAR will be the Last to Fall In this {GLOBAL SUMMER COUNTDOWN to MELTDOWN},
....
Mountainman: The SUMMER FIREWORKS are Working their Way From EAST to WEST Now Aren't They!!!!!!!! (see article below)
Notice it's a Department w/in IRAN'S CENTRAL BANK telling {ALL} about their URGENT PRIORITY List......After {ALL} this TIME since January,16,2016="IMPLEMENTATION DAY".......Hmmm and NOW a Sense of URGENCY to "CONNECT w/Other "INTERNATIONAL PAYMENT SYSTEMS" !!!!!!!!
Ok IRAN we hear You Loud and Clear......LOL...... "EXCHANGE RATES" in the Forex are a MAJOR Priority at "THIS TIME".......
Really.....??? What You Guys are REALLY Trying to say is......We Have A NEW VALUE and We Like Our Shia Bro IRAQ are Expectinga "NEED for SPEED" as a (Finality to Our New Reality) Hits the NEW GLOBAL PLATFORM w/The NEW IEX on SEPT 2,2016......and Just like the USD and The PETRO DOLLAR will be the Last to Fall In this {GLOBAL SUMMER COUNTDOWN to MELTDOWN},
....
So too.....We are filledwith "ANTICIPATION" as Well.......Reminds Me of a [SONG].......Bahaaaa
So even though We can't [TALK] about the US Banking Deals Just Yet.......Yo,
Visa/MasterCard we Know and You Know what's COMING SOON......Wink,Wink.......
In the Meantime We are getting Our Collective Integration of Global Banking FINALIZED......Remember these 2 Platforms May TRAVEL Along Side Each other On PARALLEL TRAIN TRACKS.......So to Speak......IMO
So IRAN says it's About SHOWTIME for Us too and NO,we aren't Talking About Your Movie Cable Channel.......Can You Hear the "RUSH".....???
So even though We can't [TALK] about the US Banking Deals Just Yet.......Yo,
Visa/MasterCard we Know and You Know what's COMING SOON......Wink,Wink.......
In the Meantime We are getting Our Collective Integration of Global Banking FINALIZED......Remember these 2 Platforms May TRAVEL Along Side Each other On PARALLEL TRAIN TRACKS.......So to Speak......IMO
So IRAN says it's About SHOWTIME for Us too and NO,we aren't Talking About Your Movie Cable Channel.......Can You Hear the "RUSH".....???
Yes.....Me too......IMO
Blessings,Mountainman (8)=New Beginnings.........for the "RUSH of GLOBAL WATERS"......INDEED........
OneWildRide: Monday, July 4, 2016 - 02:00
CBI in Talks With Overseas Payment Firms
Economy Business And Markets
The Central Bank of Iran is about to finalize its primary talks with foreign payment networks including European companies, according to Nasser Hakimi, head of Central Bank of Iran technology department.
“We have held talks with many networks, except for US-based companies like MasterCard or Visa,” he was quoted as saying by Bankdari-Ayandeh (Future Banking) magazine.
“Exchange rates, transaction fees and the cap on the number of transactions are among key concerns of the CBI during the talks.”
“We have several plans for connecting to the international payment systems, including launching a connection on the national scale, or by individual firms. But nothing has been finalized,” Hakimi said.
Joining international payment systems is not just an issue for the technology department; various departments should get involved in the process, he said. “Issues like unification of forex rates and anti-money laundering measures need to be tackled by the relevant departments. Unification of forex rates is one top priority.”
Iran’s payment industry, with an impressive performance in recent years, is expected to pick up in the post-sanctions era. However, officials in the CBI and other organizations like Shaparak and Informatics Services Corporation have expressed concern over the future of domestically developed systems once international networks return.
Shaparak, the domestic payment and settlement network, hosted a total of 940 million successful transactions with a total worth of 994.2 trillion rials ($32.3 billion), during the month ending in May 20. Data shows that the total number of transactions and their value grew by 19.3% and 21.6% respectively, compared with the same period last year.
The network also recorded about 115 million failed transactions during the said period. Users accounted for 87.4% the total failures, while banks 10% the failed transactions.
Shaprak’s latest numbers also indicate an annual growth of 18.27% in the number of POS terminals used in shops across the country. About 4.5 million POS terminals were active by May 20. The total number of mobile payment terminals dropped by 65.9% during the said period. Although the Central Bank of Iran has banned using mobile terminal since last September, there are still 714 active mobile terminals.
Online payment terminals accounted for 3.2% of the total transactions, 6.1% drop compared with the same period last year.
Parsian Electronic Commerce Company had the largest share of online transactions, accounting for 35% of the total, while Bank Mellat’s affiliate, Beh Pardakht Mellat, had the biggest share of transactions taking place through POS terminals, accounting for 28.1% of the total successful transactions.
http://ift.tt/29jTfEY
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Bluedog: IMO... THE ECONOMIC MEETINGS IN IRAQ WITH THE CBI HAVE BEEN INTENSE IN THE LAST FEW DAYS....AND WILL THEY TELL YOU THE TRUTH? IMO, NO ............... THEY WILL TAP DANCE TO THE WORLD ................ BE OF GOOD CHEER IMO FROM WHAT I HAVE SEEN.....BLUEDOG
**************
OneWildRide: Iraqi PM Orders Immediate Execution of All Terrorists on Death Row
Middle East
12:24 04.07.2016
All terrorists sentenced to death in Iraq will be immediately executed, according to the order of Iraq's Prime Minister Haider Abadi.
MOSCOW (Sputnik) — Iraq's Prime Minister Haider Abadi has ordered that all terrorists sentenced to death be immediately executed, local media reported Monday.
The minister's instructions have been submitted to the country's justice ministry, Al Sumaria television reported citing sources familiar with the matter.
http://ift.tt/29HdKKx
************
Mountainman: Be Blessed.......For We Are......BLESSED INDEED......
Mountainman(8)=New Beginnings.......for A SUMMER of FIREWORKS.......A CONVERGENCE of COLORS INDEED......
https://youtu.be/XMEHIMAEwY8
Blessings,Mountainman (8)=New Beginnings.........for the "RUSH of GLOBAL WATERS"......INDEED........
OneWildRide: Monday, July 4, 2016 - 02:00
CBI in Talks With Overseas Payment Firms
Economy Business And Markets
The Central Bank of Iran is about to finalize its primary talks with foreign payment networks including European companies, according to Nasser Hakimi, head of Central Bank of Iran technology department.
“We have held talks with many networks, except for US-based companies like MasterCard or Visa,” he was quoted as saying by Bankdari-Ayandeh (Future Banking) magazine.
“Exchange rates, transaction fees and the cap on the number of transactions are among key concerns of the CBI during the talks.”
“We have several plans for connecting to the international payment systems, including launching a connection on the national scale, or by individual firms. But nothing has been finalized,” Hakimi said.
Joining international payment systems is not just an issue for the technology department; various departments should get involved in the process, he said. “Issues like unification of forex rates and anti-money laundering measures need to be tackled by the relevant departments. Unification of forex rates is one top priority.”
Iran’s payment industry, with an impressive performance in recent years, is expected to pick up in the post-sanctions era. However, officials in the CBI and other organizations like Shaparak and Informatics Services Corporation have expressed concern over the future of domestically developed systems once international networks return.
Shaparak, the domestic payment and settlement network, hosted a total of 940 million successful transactions with a total worth of 994.2 trillion rials ($32.3 billion), during the month ending in May 20. Data shows that the total number of transactions and their value grew by 19.3% and 21.6% respectively, compared with the same period last year.
The network also recorded about 115 million failed transactions during the said period. Users accounted for 87.4% the total failures, while banks 10% the failed transactions.
Shaprak’s latest numbers also indicate an annual growth of 18.27% in the number of POS terminals used in shops across the country. About 4.5 million POS terminals were active by May 20. The total number of mobile payment terminals dropped by 65.9% during the said period. Although the Central Bank of Iran has banned using mobile terminal since last September, there are still 714 active mobile terminals.
Online payment terminals accounted for 3.2% of the total transactions, 6.1% drop compared with the same period last year.
Parsian Electronic Commerce Company had the largest share of online transactions, accounting for 35% of the total, while Bank Mellat’s affiliate, Beh Pardakht Mellat, had the biggest share of transactions taking place through POS terminals, accounting for 28.1% of the total successful transactions.
http://ift.tt/29jTfEY
**************
Bluedog: IMO... THE ECONOMIC MEETINGS IN IRAQ WITH THE CBI HAVE BEEN INTENSE IN THE LAST FEW DAYS....AND WILL THEY TELL YOU THE TRUTH? IMO, NO ............... THEY WILL TAP DANCE TO THE WORLD ................ BE OF GOOD CHEER IMO FROM WHAT I HAVE SEEN.....BLUEDOG
**************
OneWildRide: Iraqi PM Orders Immediate Execution of All Terrorists on Death Row
Middle East
12:24 04.07.2016
All terrorists sentenced to death in Iraq will be immediately executed, according to the order of Iraq's Prime Minister Haider Abadi.
MOSCOW (Sputnik) — Iraq's Prime Minister Haider Abadi has ordered that all terrorists sentenced to death be immediately executed, local media reported Monday.
The minister's instructions have been submitted to the country's justice ministry, Al Sumaria television reported citing sources familiar with the matter.
http://ift.tt/29HdKKx
************
Mountainman: Be Blessed.......For We Are......BLESSED INDEED......
Mountainman(8)=New Beginnings.......for A SUMMER of FIREWORKS.......A CONVERGENCE of COLORS INDEED......
https://youtu.be/XMEHIMAEwY8
WingIt:
GuitarMan: Bond Market has reach record low per Bloomberg.
Rascal: Guitar man is market going down the toilet today ??
GuitarMan: It looks that way…..Keep yours eyes on the bond market not the stocks….I think today is the day we will have our 800#....I heard the Bankers are ready and they need our currency to do business…..If we don't get those 800#'s today it will be sometime this week.
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WSOMN:
AdminBill: GOOD MORNING - I AM HEARING RUMORS - THEY ARE GOOD - STAY TUNED BUT NOT GLUED TO YOUR RV SET AS WE MOVE INTO THE NEW WEEK - OFF TO WORK UNTIL 1 MST - ENJOY YOUR DAY. SUNNI AND CREW WILL TAKE GOOD CARE OF YOU AS ALWAYS.
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StarChild: Swiss Interest Rates Plunge To Negative Out To 50 Years
With the short-end of the Swiss yield curve yielding below -100bps, it was only a matter of time before things went entirely mad at the long-end and today for the first time in history Swiss 50Y yields have tumbled below zero (trading as low as -2.7bps) as US Treasury yields tumble to fresh record lows.
As Bloomberg notes, rising concern about the outlook for economic growth and inflation effectively means that investors are paying the Swiss government for the privilege of lending to them out to 50 years
.
http://ift.tt/29jSsUA
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Dinar Updates:
BGG we are still here and in a very good position for WHEN Iraq re-aligns their currency with the international markets...
Millionday Article quote: "...in order to improve the Iraqi economy for the better , and the development of trade relations and the promotion of the private sector which is one of the most important pillars development at the present time, urging the government to speed up the application of the reform..."
SO THEY ARE CALLING FOR THE ECONOMIC REFORM TO BE ACTIVATED IN A HURRY...WHOOPOW.
via Dinar Recaps - Our Blog http://ift.tt/29L1gBI
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