Investing.com –

Investing.com – The Bank of Canada left its benchmark interest rate unchanged in March, after surprising the markets with a 0.25% rate cut at its previous meeting, it announced on Wednesday.

The BoC said it was leaving its overnight cash rate unchanged at 0.75%, in line with expectations.

The bank said in a statement that, “Financial conditions in Canada have eased materially since January, in response to the Bank’s recent monetary policy action and to global financial developments.”

The BoC added that “the risks around the inflation profile are now more balanced and financial stability risks are evolving as expected in January.”

In conclusion, policymakers judged that “the current degree of monetary policy stimulus is still appropriate.”

USD/CAD was trading at 1.2474 from around 1.2519 ahead of the announcement.

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Investing.com – German factory orders fell more-than-expected last month, official data showed on Thursday.

In a report, Bundesministerium für Wirtschaft und Technologie said that German factory orders fell to a seasonally adjusted -3.9%, from 4.4% in the preceding month whose figure was revised up from 4.2%.

Analysts had expected German factory orders to fall -1.0% lInvesting.com
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By John Lee.

Shares in Genel Energy bounced 4 percent from a long-term low on Thursday morning following the publication of its results for the year ended 31st December 2014.

Highlights

  • 2014 revenue of $520 million, an increase of 49% on 2013
  • 2014 EBITDAX of $411 million, an increase of 49% on 2013
  • 2014 production of 69,000 boepd, an increase of 58% year-on-year with significant further growth expected in 2015
  • Iraq budget passed into law in February 2015, enabling financial implementation of interim oil deal between the Kurdistan Regional Government (“KRG”) and Government of Iraq
  • Cash balances at 31 December 2014 stood at c.$490 million, with Genel highly focused on balance sheet strength to enable future investment and growth in the KRI

Outlook

  • To provide cash directly to contractors during the transition to regular payments for exports, the KRG has implemented a temporary domestic market sales channel under which contractors receive 50% of domestic sales proceeds:
    • This has run successfully for Taq Taq through February 2015
    • Taq Taq domestic price of $40-45/bbl equates to a Brent price of $50/bbl less transportation tariffs, reflecting strong demand for lighter barrels within the Kurdistan Region of Iraq (“KRI”) domestic market
  • Domestic market prices will be revised monthly in line with movements in international benchmarks
  • Revenue and production guidance for 2015 maintained at 90-100,000 boepd and $350-400 million at a Brent price of $50/bbl
  • On completion of gas deal, total working interest reserves and unrisked resources set to increase significantly

By John Lee.

The Iraqi government has reportedly requested talks with Exxon Mobil to restructure oil agreements to help Iraq meet its near-term cash requirements.

CEO Rex Tillerson (pictured) is quoted by Reuters as saying that “by and large we are current in our payments,” adding that any change would have to be beneficial to Exxon.

Exxon is the lead contractor on the West Qurna I oilfield development.

(Source: Reuters)

Investing.com –

Investing.com – The euro fell to fresh 11-year lows against the dollar on Thursday ahead of a European Central Bank meeting later in the day, where it was expected to outline the details of the bond purchasing stimulus program it announced in January.

EUR/USD hit lows of 1.1026, the weakest since September 2003, and was last at 1.1049, down 0.27% for the day.

ECB President Mario Draghi was expected to shed more light on how the bank will implement its large scale quantitative easing program later on Thursday, following the bank’s policy meeting.

The euro remained weaker despite data on Wednesday showing that euro area retail sales rose at the fastest rate in nine years in January and private sector activity expanded at the quickest rate in seven months in February.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.2% to fresh 11-year peaks of 96.31.

Data on Wednesday showed that U.S. service sector activity grew at a faster rate than expected in February, boosting expectations for higher interest rates.

Another report showed that the U.S. private sector added 212,000 jobs in February, falling short of expectations for an increase of 220,000.

Investors were turning their attention to Friday’s government nonfarm payrolls report for further indications on the future possible direction of monetary policy.

USD/JPY eased up to 119.84, not far from Tuesday’s three-week highs of 120.25, while EUR/JPY was near one-and-a-half month lows at 132.37.

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Investing.com –

Investing.com — Stocks fell broadly on U.S. markets on Wednesday, as the Dow Jones Industrial Average recorded its first triple-digit drop in more than six weeks following the release of a flurry of mixed economic data.

In U.S. morning trading, stocks on the Dow Jones Industrial Average fell approximately 175 points before rallying slightly in the afternoon after the U.S. Services Sector reported its highest activity level since October. The Dow closed down for the second straight day, falling 0.58% or 106.47 points to 18,096.90.

Meanwhile, the NASDAQ Composite index dropped for the second consecutive day after cracking the 5,000 barrier on Monday and the SP 500 index closed down for the fifth time in six days. The NASDAQ Composite index fell 0.26% or 12.76 to 4,967.14, while the SP 500 dropped 0.44% or 9.25 to 2,098.53.

On the SP 500, nine out of 10 sectors experienced declines as health care was the only sector on the index to close higher on Wednesday. Stocks in the telecommunication services, consumer staples and industrials sectors were among the worst performers of the session.

The top performer on the Dow Jones Industrial Average was UnitedHealth Group Incorporated (NYSE:UNH), which rose 0.91% or 1.03 to 113.89. McDonald’s Corporation (NYSE:MCD), meanwhile, gained 0.49% to close at 100.23, after the company announced a new policy to use only Chicken raised without antibiotics. The worst performer was American Express Company (NYSE:AXP) which dropped 1.54% or 1.26 to close at 80.65. Caterpillar Inc (NYSE:CAT), also fell 1.36% or 1.26 to 81.71 after its price estimate was revised following weak demand for machinery and equipment in the global mining sector.

On the NASDAQ Composite index, the top performer was SanDisk Corporation (NASDAQ:SNDK), which rose 4.92% or 3.89 to 82.98 following the company’s announcement on its new all-flash storage platform a day earlier. The new technology will allow SanDisk to cut prices for its storage platforms by approximately 50%, the company said. The worst performer on Wednesday was Fastenal Company (NASDAQ:FAST), which fell 3.24% or 1.33 to 39.77.

The biggest performer on the SP 500 was Bristol-Myers Squibb Company (NYSE:BMY), which closed up more than 6% after the U.S. Food and Drug Administration approved its drug Opdivo to treat lung cancer. It marked the first time the FDA approved an immunotherapy drug for lung cancer. Bristol-Myers Squibb rose 3.77 points on Wednesday to close at 65.69. The worst performer, meanwhile, was CONSOL Energy Inc (NYSE:CNX), which dropped 4.37% or 1.39 points to 30.39.

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HI ALL

AND THEY’RE OFF! THE RACE HAS BEGUN, OR WILL TONIGHT WHEN ASIA OPENS FOR BUSINESS.

AFTER A FEW DAYS AT THE MAJOR CONFERENCE IN BEIJING ON THE NEW BANKING SYSTEM AND ANTI-CORRUPTION AND ALL THAT, THE END OF THIS THREE DAY CONFERENCE IS TODAY IN CHINA.

EVERYBODY WILL BE BACK AT WORK AND PERFORMING ON THE RELEASES THAT WERE BLESSED A COUPLE OF DAYS AGO.

MANY MANY PLATFORMS, BANKS, OFFICIAL AGENCIES AND THE ODD BLACK HAT HERE AND THERE ARE GOING FULL BORE ON THE HISTORIC ASSETS NOW.

SINCE THEY WERE GIVEN THE RELEASES, ALL OF THE ABOVE ARE EXTREMELY ACTIVE RIGHT NOW AND IT IS TRULY A SIGHT TO BEHOLD.
….

THIS OF COURSE DOES MEAN MONEY IN THE POCKET VERY SOON TO MANY,

BUT THE TRICKLE DOWN EFFECT WILL TAKE A BIT OF TIME.

THOSE THAT ARE DIRECTLY INVOLVED IN THE REDEMPTIONS WILL SEE FAST FUNDS IN THEIR ACCOUNTS, AND MANY PROJECTS WILL GET STARTED. AND A LOT OF CAR, BOAT, AND JET DEALERS WILL BE BUSY AS WELL.

THE ADVENT OF THESE RELEASES WILL IMPACT EVERYBODY GLOBALLY. AS I SAID BEFORE, THE NEW FINANCIAL INFRASTRUCTURE WILL NOT ALLOW MONEY LAUNDERING, AND IS DESIGNED TO BE A BOON TO HUMANITY, AND NOT A YOKE AROUND THE NECK.

Hello Zap!

I’m here again to ask for help again in some answers.

The Platform still wait for the codes to be released, do you already know a date? I know that the Chinese are trying to force, but til when?

What event comes first? The codes to unblock funds for h.bonds or the RV?

My platform says that the IMF will not send any codes til the RV of the dinar.

Please, i ll be waiting for your words.

Best Regards and god bless you!
YM

INTERESTINGLY, THE RV OF THE DINAR HAS ALREADY HAPPENED ON THE BACK SCREENS. PART OF THE REASON WHY WE ARE SEEING THE CURRENT ACTIVITY.

THE BUDGET THAT WAS PUBLISHED IS PARTIAL BUT FORMS THE FOUNDATION FOR THE GLOBAL OFFICIAL RV, AND THAT SHOULD BE COMING ANYTIME NOW SINCE THE MAJOR REDEMPTION FUNDS HAVE BEEN (OR WILL BE) RELEASED TODAY/TONIGHT.

IT IS THEREFORE NOT NECESSARY TO HAVE THE GLOBAL RV TAKE PLACE BEFORE THE REDEMPTION FUNDS ARE RELEASED IN MY OPINION, SIMPLY BECAUSE THE REDEMPTION FUNDS ARE GOING TO BE RELEASED IN THE NEXT 24 HOURS OR SO.

May the Hands of God guide you All of us on and Light the Way.
Sending Love ~ R

p.s. My own B’Day was Friday. Should have known: Pisces. Yes!
“The Keys to the Kingdom are in Our Dreams.”

YUP. PISCES. THAT AND A CUP OF COFFEE WILL BUY YOU A DREAM.

From: chiclettejesus

I think you should all shoot yourselves as soon as possible; please we need the oxygen you are stealing.

I HAVE NO MORE BULLETS, SO IT WILL BE DIFFICULT. I WILL GLADLY SELL YOU MY OXYGEN. HOW MUCH MONEY YOU GOT? YOU OBVIOUSLY NEED OXYGEN RIGHT?

I will never understand how in the f*** you sleep at night while continually lying to the masses and always begging for donations all thewhile telling your audience that immense riches are just around the corner.

I SLEEP ON MY SIDE. THE RIGHT ONE. AND I DO NOT BEG FOR DONATIONS. I DO SAY THEY ARE NEEDED BY THOSE THAT DO THE WORK, NOT BY SIMPLE OXYGEN BREATHERS. AND RICHES AROUND THE CORNER WILL ONLY BE REALIZED BY THOSE THAT DO THE WORK. DO YOU WORK? DO YOU KNOW WHAT THE WORD “WORK” MEANS? HAVE YOU EVER WORKED? ARE YOU OVER 10 YEARS OLD? DO YOU KNOW HOW OLD YOU ARE? CAN YOU SAY “COGITO ERGO DOLEO”? OH SORRY…”I THINK, THEREFORE I AM DEPRESSED”?

f*** all of you and your organizations. you are a band of thieving snake oil salesmen who should not be allowed to procreate, much less breathe the same air as the rest of us.

I BEG YOUR PARDON…I AM NOT A SNAKE OIL SALESMAN. DON’T YOU EVER PUT ME IN THAT CATEGORY. I SELL ONLY THE FINEST VEGETABLE OILS AROUND. CAN I INTEREST YOU IN SOME?. MUCH DIFFERENT FROM SNAKE OIL, VEGETABLE OIL HAS INCREDIBLE MIND ALTERING PROPERTIES YOU MAY FIND APPROPRIATE TO YOUR PERILOUS PLIGHT. MADE ONLY FROM THE FINEST POLITICIANS, PLUNDERERS AND PILLAGERS, BOB’S FINE VEGETABLE OIL IS COLD PRESSED WITH OUR WORKERS WEARING THE BEST EAR PROTECTION AVAILABLE. WE REALLY DO CARE ABOUT OUR WORKERS. AND I LAY EGGS AND BREATHE METHANE.

ma va fancuolo tutti voi pezzi di merda!
(f***you all pieces of s***)

Chiclette Jesus

DEAR GUM JESUS, IN DENTIBUS ANTICIS FRUSTUM MAGNUM SPINICIAE HABES*. I LEAVE YOU TO PONDER THE WONDERS OF THE UNIVERSE: QUANTUM MATERIAE MATERIETUR MARMOTA MONAX SI MARMOTA MONAX MATERIAM POSSIT MATERIARI?**

THANK YOU SO MUCH FOR BRIGHTENING MY DAY DEAR GUMMY. OH FORGOT, DO YOU PROCREATE? MISS PHIPPS HAS A SPECIAL TREAT FOR YOU…FOR FREE. YOU JUST STAND IN FRONT OF THE NICE MACHINE WHILE MISS PHIPPS TAKES YOUR PICTURE BEHIND THE LEAD GLASS. IT WILL TAKE ABOUT AN HOUR. THE LIGHTS MAY FLICKER. AMONGST OTHER THINGS, YOU WILL GET A LOLLIPOP AND A TRUE PICTURE OF YOURSELF SUITABLE FOR FRAMING. PROMISE. IT IS A GOOD LOLLIPOP.

(MISS PHIPPS!…GOT ONE FOR BOB’S MARKDOWN MEDICAL…MERCY CASE…)

Happy Birthday Zap, it appears in the update that things have slowed down again or you can’t say to much in the update. Are we still on track this week for the RV,PP release, Are we on Basil 3 now and does that mean we are on the UST or is it a dual system they are running. Seem like from what is being said on TNT calls that Iraq is taking their time with this where is the pressure from China or the Grandfather to get her done?

THANKS MUCH FOR THE WISHES. EVENTS ARE ACTUALLY SPEEDING UP I WOULD VENTURE. WITH THE ACTIVITY WE SEE, IT IS MOVING FORWARD NOW VERY QUICKLY.

YES, MANY COUNTRIES ARE BASIL III COMPLIANT NOW, AND GRAND FATHER HAS ALREADY SET THESE THINGS TO MOTION IN CONJUNCTION WITH THE CROWNS.

THE PRESSURE ON IRAQ IS CONSISTENT WITH THE SCHEDULING OF WORLD EVENTS, SO IT IS ON TRACK FROM WHAT I SEE.

Everyone is so down today expecting for it to happen and be released and again nothing. Hearing Iraq wants a few more day? this is tearing people down. I wish that they would just get it done now. No more delays please. People are dying out here are we gonna see this start this week please give us some positive hope.
N

WE ARE VERY VERY CLOSE TO THE END OF THE WAIT NOW. IT IS INEVITABLE, WE ALL KNOW THAT, AND IT APPEARS THAT IN THE NEXT DAYS WE SHALL SEE THE FIRST RESULTS OF THE RELEASES. PATIENCE AGAIN RIGHT NOW, AND NO DESPAIR…NO NEED.

Dear Zap and Susan:
I don’t know if the two of you have seen this update below or if you read the alternative news but between COBRA’s last interview about the future of the financial system and this most recent FULFORD update, it appears that the information and details you keep espousing is unsubstantiated rhetoric at best. The bulk of your readers rely on the CIA controlled media for their information and news and it appears that you rely upon their naive te’ as well.

VAH! DENUONE LATINE LOQUEBAR? ME INEPTUM. INTERDUM MODO ELABITUR.***

I do appreciate your optimism but we are talking about a privately owned corporate financial system that is on the verge of total collapse; a financial system that is Cabal owned and which has infiltrated all political venues, governments and laws around the world through treatise, bribes, organized crime and corruption.

NIHILI EST – IN VITA PRIORE EGO IMPERATOR ROMANUS FUI. CATAPULTAM HABEO. NISI PECUNIAM OMNEM MIHI DABRIS, AD CAPUT TUUM SAXUM IMMANE MITTAM.****

The Federal Reserve System is a privately owned corporation and ponzi scheme that has enslaved the human race through debt since its creation in 1913 and the owners of that system are not about to freely bind their hands, power or surrender their control by enacting new regulations for the benefit of humanity! Who is the naive one?

THERE IS ANOTHER FORCE HERE THAT IS COUNTER TO ALL OF THAT. WE HAVE ALL BEEN WORKING TO CHANGE THESE THINGS, AND MANY HAVE LOST THEIR LIVES. FREEDOM IS NOT CHEAP.

The old system is totally broken and must collapse before a new and honorable system can rise up from the ashes. The Cabal efforts right now is an attempt to instigate a World War III in order to hide their financial corruption and system collapse but they won’t be allowed to succeed.

SURE. LIKE THE OLD ADAGE OF HAVING TO DESTROY ONE THING TO BUILD A BETTER THING. BUT WHAT IF YOU COULD JUST REPLACE OR CHANGE A THING. SAME RESULT WITHOUT THE DESTRUCTION PART.

A new financial system is going to happen but NOT in the fashion that you are describing or predicting and a bank holiday must occur before a total reboot of the system can occur. We are close…you are correct about that!
D~

THERE ARE MANY SCHOOLS OF THOUGHT ON THIS ONE, AND THE PREDOMINANT ONE PERPETRATED BY AUTHORS UNKNOWN, IS THAT THE SYSTEM WILL HAVE TO SHUT DOWN FOR SOME TIME BEFORE A REBOOT CAN EFFECT. SURE, DURING THE Y2K SCARE AND COBOL PROGRAMMING I WOULD AGREE. THESE DAYS, YOU CAN DO THE SWITCH LITERALLY IN SECONDS WITH CURRENT TECHNOLOGY AND THE RIGHT SOFTWARE. COMMON SENSE AGAIN.

Dear Zap and Susan:
It appears that this is the end to the US Petrol dollar, which will certainly aid in the collapse of the Federal Reserve System. The Chinese have erected billboards announcing that the renminbi is the new world International currency replacing the US International dollar.
D~

HYPERLINK “Link   http://www.sovereignman.com/trends/the-chinese-have-put-out-billboard-ads-announcing-the-renminbi-as-the-new-world-currency-16318/

THE END OF THE US PETRO DOLLAR HAS LONG BEEN ANTICIPATED. THE RMB OF CHINA WAS ALSO ANTICIPATED TO GET LIVE. WHAT PEOPLE DO NOT UNDERSTAND IS THAT FOR THE CURRENT SYSTEM TO THRIVE, YOU MUST HAVE STABILITY IN CURRENCY, AND THAT MEANS EITHER GOLD BACKING, OR HAVING SEVERAL MAJOR CURRENCIES SUPPORT EACH OTHER.

FOR THE LONGEST TIME, WE HAVE SEEN THE US DOLLAR BE DOMINANT. THEN CAME THE EURO. SO WE HAD TWO STRONG CURRENCIES. BUT A TWO-LEGGED STOOL DOES NOT WORK, SO THE THIRD LEG WAS ANTICIPATED TO BE THE RMB. THEN YOU HAVE A STOOL YOU CAN SIT ON.

SEEING THE LANDSCAPE NOW, I REALLY DO NOT KNOW WHAT THE END RESULT WILL BE, BUT CERTAINLY THE GOLD BACKING MAKES THE MOST SENSE TO ME. SO IT DOES NOT MATTER IF CHINA IS ADVERTISING ITSELF AS A WORLD CURRENCY SINCE THAT IS THE TRUTH.

I LOOK AT IT THE SAME AS HSBC WHICH MARKETS ITSELF AS “THE WORLD’S BANK”. MAKE SENSE? OR DO MUSA SAPIENTUM FIXA EST IN AURE.*****

SO THERE YOU HAVE THIS WEEK’S EVENTS IN A NUTSHELL. I AM A SNAKE OIL SALESMAN THAT DOES NOT BREATHE OXYGEN AND HAS A DIFFERENT WAY OF PROCREATING. SNUFFLES IS FLABBERGASTED. SO, NEVER BELIEVE ANYTHING, THE WORLD IS LYING TO YOU, AND THE CIA IS CONTEMPLATING GOING PUBLIC. DID I GET EVERYTHING? OH RIGHT…YOU ARE ALL MINDLESS ZOMBIES FOR LISTENING TO ME OR ANYONE LIKE ME.

THAT BEING SAID, DO NOT FORGET TO DIAL IN TO YOUR FAVORITE RUMOR LINES. MISS PHIPPS WAS A BIT UNDER WITH THE FLU, SO SOME OF YOU GOT AWAY…I MEAN DID NOT GET THROUGH. TRY TRY AGAIN BECAUSE YOU CAN, WE KNOW YOU CAN, AND WASTE….ER…GET YOUR MONEY’S WORTH DIALING A SINGLE DIGIT. CHOOSE 9. LOTS OF FUN.

AND REMEMBER TO BALAENAE NOBIS CONSERVANDAE SUNT. (Save the whales)

IN LEGENDARY GRATITUDE.

ZAP

“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”
March 1, 2015
Copyright ZAP 2013-2015

* You have a big piece of spinach in your front teeth

** how much wood would a woodchuck chuck if a woodchuck could chuck wood?

*** Oh! Was I speaking Latin again? Silly me. Sometimes it just sort of slips out.

**** That’s nothing; in a previous life I was a Roman Emperor. I have a catapult. Give me all of your money, or I will fling an enormous rock at your head.

Thank you, for any help you can give us, as we continue to help you stay informed. Please go to paypal.com via: friends and family thru goneforthfornow@gmail.com..Namaste, Susan….. if you have a problem please contact us thru 2goforth@safe-mail. net..consultations continue…S

Love and Kisses,

‘THE OFFICE OF POOFNESS’

Susan and Staff

Investing.com –

Investing.com — A plethora of stocks in the health care sector rose sharply on Wednesday after Supreme Court justice Anthony Kennedy questioned the constitutionality of an argument brought by plaintiffs who are attempting to strike down the Affordable Care Act.

The Supreme Court listened to oral arguments on Wednesday in King v. Burwell, a case that is challenging the tax credits in President Barack Obama’s signature health care law. The key issue in the case focuses on whether the Federal Government can continue to subsidize insurance costs in more than 35 states that have not set up their own insurance exchanges.

Michael Carvin, an attorney for the plaintiffs, argued that a provision of the law suggests that subsidies are only available to people living in areas with insurance exchanges that had already been “established by the state.”

If the plaintiffs are successful in winning the case, up to seven million people in those states combined could lose their insurance coverage unless the states set up their own insurance marketplaces.

“There is a serious constitutional problem here if we adopt your position,” Kennedy told Carvin.

On the Dow Jones Industrial Average, UnitedHealth Group Incorporated (NYSE:UNH) closed the day as its top performer after gaining 0.91% or 1.03 to 113.89. Anthem Inc (NYSE:ANTM), the nation’s largest for-profit managed health care company, also rose 0.38% or 0.56 to close at 146.55. Aetna Inc (NYSE:AET), meanwhile, also moved higher, gaining 1.96% or 1.96 to 101.75.

Hospital management companies also soared higher following Justice Kennedy’s comments. HCA Holdings Inc (NYSE:HCA), the largest for-profit operator of health care facilities in the world, gained 5.85% or 4.14 points to 74.93. Tenet Healthcare Corporation (NYSE:THC), which owns 80 hospitals in 14 states, posted similar gains, as it closed 6.23% higher at 49.99. Universal Health Services Inc (NYSE:UHS), a Pennsylvania-based hospital management company, gained 2.68% or 3.02 points to close at 115.75.

The court is expected to reach a decision by mid-June.

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KTFA:

walkingstick » March 4th, 2015, 5:10 pm 

The latest federal documents  2015 BUDGET PRINTED………

The general budget of the Federal Republic of Iraq for the fiscal year 2015 Law No. (2) for the year 2015
InFederal Planning and Economy

Posted: 2015 Feb 16   LINK TO 2015 BUDGET

PDF……   http://www.iraq-lg-law.org/en/webfm_send/1574
….

***********

alp108:As per Mr 26 … there are 4 (phases)  and we are in ….4    IHO

Frank26: Yes.  First two phases ran about two years or more.

The third ran 3 due to o pulling us out too early and LETTING m do his thing. I will remember that for the rest of eternity !

This last one is happening now since November 2014. KTFA   Frank

***********

walkingstick:  CBI announces that he has a tendency to increase gold reserves in the basket

Follow-up / newspaper uprightness

Central Bank announced Wednesday that he has a tendency to increase gold reserves in the basket, stressing that he shall move the basket almost daily.

The governor of the bank on the Keywords, in a statement seen by rectitude newspaper, on Wednesday, said that “the Central Bank has tendencies to increase the proportion of gold in the bank reserves of hard currency basket”, adding that “the issue of moving the purchase is subject to an ongoing study.”

He added that the relationship “the Bank shall move the basket almost daily to stand on currencies and interest rates and the bond market and stock prices and the value of gold.”

He announced the World Gold Council, in January 2015 that Iraq was ranked 37 globally and fifth Arab gold reserves, which is owned by Iraq totaled 89.5 tons of gold.

The central bank decided in January 23, 2014 SEC variety of alloys of pure gold weights ranging between (50 g and 1000 g) to sell to dealers in gold, investors and segments of society wishing to do so in Iraqi dinars.

Announced the Governor of the Central Bank of Iraq on the Keywords, on Tuesday, for the development of new mechanisms for the auction currency, noting that a lot of hard currency being smuggled out of the country as well as used in operations Fassad.anthy 9

http://alestiqama.com/?p=155309

************

JONESMX:  » March 4th, 2015, 8:11 pm 

Baghdad sent 400 billion dinars for the month of February for the Kurdistan Region

Wed 04 Mar 2015 twenty-five past eleven p.m. | (Voice of Iraq) – Add Comment – Roudao – Baghdad, said a member of the parliamentary Finance Committee in the Iraqi Council of Representatives Masood Haider, said he hoped to send 400 billion dinars Baghdad share the Kurdistan Region for the month of February, according to officials Prime Minister Haider al-Abadi. He Haider network Roudao media, on Wednesday, said that “compared to the quantities exported from the province of Kurdistan oil, which will be handed over to the company Sumo sending Baghdad 400 billion dinars for the Kurdistan Regional Government, and that for the month of February last.”

The share of the Kurdistan Region for the month of January of This year, 250 billion dinars, compared to exporting quantity of crude oil by the Kurdistan Region and delivered revenue for the company SOMO, which amounted to 150 000 barrels per day. Haider said that the province of Kurdistan’s oil exports amounted to 250 000 barrels a day to account SOMO, through the Turkish port of Ceyhan, and expected to send an amount between 350 to 400 billion dinars for the Kurdistan Region versus those quantities exported.

The member of the parliamentary finance committee that sending this amount came after the visit of the government delegation from the province of Kurdistan to Baghdad, which is scheduled to visit Baghdad in the next week, and the delegation is composed of a number Ministers from the region, including the Minister of Natural Resources Ashti Hawrami, Minister of Finance Rebaz lambs. It is the headquarters of the Kurdistan delegation to meet with the Iraqi government in Baghdad and the two sides looking to export oil and resolving technical details and technical problems, and that the two sides signed a memorandum of understanding.

Read more: http://www.sotaliraq.com/mobile2014.php?id=190323#ixzz3TSv1krO1

I4U:

Bear’sOpenHeart] Petrodollar Alert: Putin Prepares To Announce “Holy Grail” Gas Deal With China …..3/4/2015 

http://www.zerohedge.com/news/2014-03-21/petrodollar-alert-isolated-west-putin-prepares-announce-holy-grail-gas-deal-china

**************************

GET:

[damsel] if Iraq came out with a low rate they could not pay for the war against ISIS and the hedge funds would gobble up the country.

[damsel] china took out an ad in the ny times saying no change in value and then did it the next day

[damsel] countries in the world are mostly holding their dinar as foreign currency reserves

[damsel] here they are being frequently converted to oil credits

[damsel] no way they came this far and then say oops we can’t bankrupt cbi

[damsel] why you have to think for yourselves

[arizona49] damsel remember the China ad info…..much smoke at the end

[damsel] in Russia at least the citizens all knew pravda lied

[damsel] here we think we are being told the truth

[damsel] why you need to discern what you read for yourselves

[arizona49] damsel I remember you saying ….. watch what they do

[damsel] bingo

***************************************

Emailed to Recaps:

JUST FOR LAUGHS…

HAVE YOU EVER BEEN GUILTY OF LOOKING AT OTHERS YOUR OWN AGE AND THINKING, SURELY I CAN’T LOOK THAT OLD.  WELL . . .YOU’LL LOVE THIS ONE.

MY NAME IS ALICE , AND I WAS SITTING IN THE WAITING ROOM FOR MY FIRST APPOINTMENT WITH A NEW DENTIST. I NOTICED HIS DDS DIPLOMA ON THE WALL, WHICH BORE HIS FULL NAME. SUDDENLY,

I REMEMBERED A TALL, HANDSOME, DARK-HAIRED BOY WITH THE SAME NAME HAD BEEN IN MY HIGH SCHOOL CLASS SOME 45-ODD YEARS AGO?

COULD HE BE THE SAME GUY THAT I HAD A SECRET CRUSH ON, WAY BACK THEN?

UPON SEEING HIM, HOWEVER, I QUICKLY DISCARDED ANY SUCH THOUGHT. THIS BALDING, GRAY-HAIRED MAN WITH THE DEEPLY LINED FACE WAS WAY TOO OLD TO HAVE BEEN MY CLASSMATE

AFTER HE EXAMINED MY TEETH, I ASKED HIM IF HE HAD ATTENDED MORGAN PARK HIGH SCHOOL. “YES. YES, I DID. I’M A MUSTANG,’ HE GLEAMED WITH PRIDE.

‘WHEN DID YOU GRADUATE?’ I ASKED.  HE ANSWERED, ‘IN 1968. WHY DO YOU ASK?’ ‘YOU WERE IN MY CLASS!’, I EXCLAIMED.  HE LOOKED AT ME CLOSELY.

THEN, THAT UGLY, OLD, BALD, WRINKLED FACED, FAT-A****, GRAY-HAIRED, DECREPIT SON-OF-A-….. ASKED………… ‘WHAT DID YOU TEACH??’ :-P