Investing.com – The euro zone’s manufacturing PMI remained unchanged last month, data showed on Wednesday.
In a report, research group Markit said the euro zone’s manufacturing PMI remained unchanged at 52.5, from 52.5 in the preceding month.
Analysts had expected the euro zone’s manufacturing PMI to remain unchanged at 52.5 l
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Sydney Morning Herald – 3 hours ago
Investing.com – The yen gained on a solid Tankan survey released Wednesday while the euro held weaker as Greece formally missed its payment to the International Monetary Fund.
USD/JPY changed hands at 122.39, down 0.09%, while AUD/USD fell 0.11% to 0.7695 following a poor manufacturing survey report.
EUR/USD eased 0.08% to 1.1134.
Japan’s June quarter Tankan survey of business sentiment showed plus-15 for the diffusion index (DI) for major manufacturers, up from plus-12, while the index for major non-manufacturers came in at plus-23, higher than the plus-22 expected and up from plus-19 in March.
In Australia, the June AIGroup manufacturing index fell 9.1 points to 44.2, a two-year low. The index was at 52.3 in May.
At 1130 (0130 GMT), May building approvals data are due. A gain of 1.0% is expected, compared to a 4.4% fall in April. The RBA’s commodity price index (-1.6% previous) is due at 1630 (0630 GMT).
In China, the June CFLP manufacturing and services PMI are due at 0900 Beijing time (0100 GMT). Economists are expecting the quasi-government organization to announce its headline PMI to have ticked up to 50.3 in June from 50.2 the previous month.
Then at 0945 (0145 GMT), there’s the final reading of the Markit manufacturing PMI. The flash reading rose to 49.6 from May’s final 49.2.
The International Monetary Fund issued the following release on Wednesday in Asia regarding Greece’s missed June 30 payment to the Fund.
Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), made the following statement today regarding Greece’s financial obligations to the IMF due today:
“I confirm that the SDR 1.2 billion repayment (about 1.5 billion) due by Greece to the IMF today has not been received. We have informed our Executive Board that Greece is now in arrears and can only receive IMF financing once the arrears are cleared.
“I can also confirm that the IMF received a request today from the Greek authorities for an extension of Greece’s repayment obligation that fell due today, which will go to the IMF’s Executive Board in due course.”
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.03% at 95.73.
Overnight, the dollar remained broadly higher against a basket of other major currencies on Tuesday, after data showed that U.S. consumer confidence improved more than expected in June and as an almost certain default by Greece continued to support safe-haven demand.
The Conference Board reported on Tuesday that its index of consumer confidence rose to 101.4 this month from a reading of 94.6 in May, whose figure was revised from a previously reported 95.4. Analysts expected the index to rise to 97.3 in June.
Greece requested a new two-year bailout program, just hours ahead of a deadline for what looked to be an almost certain debt default by Athens.
The Greek government requested a new bailout from the European Stability Mechanism to cover the country’s financial need for the next two years, which would run alongside debt restructuring.
sczin11: Allawi injury news for heart attack By Roudao One hour ago Roudao – Erbil It was reported wounded by Vice President Iyad Allawi, on Tuesday, a heart attack was taken to a London hospital. According close to Allawi, the Vice President Iyad Allawi sources transferred to London to receive treatment after he suffered a heart attack due to stress and fatigue.
He was Vice President Iyad Allawi, have been suffering from hardening of the arteries problems is continuing in treatment, according to his personal physician Harley Starrett.
MichelleL: he “was” are they saying he’s dead?
MichelleL: more arabish
sczin11: ‹@MichelleL› I THINK STATING HE HAD HA N IS IN LONDON HOSPITAL
MichelleL: he was and is continuing
MichelleL: Sczin he was trained there and has a house there, maybe he wants to stay till the world gets better
MichelleL: should have taking his compatriot M with him though
sczin11: COULD MAHMOOD BE NEXT..Abadi referral Babacar Zebari to retire on reaching the legal
whitelions: ‹@sczin11› looks like Abadi is cleaning up lol I’m so happy doing the dance
MichelleL: lol whitelions
sczin11: ‹@whitelions› I SURE HOPE SO
OOTW: I’VE JUST REVIEWED THIS,..EXCELLENT INFO
OOTW: AND I AGREE WITH SCZIN11 WE’RE SEEING SUCH GREAT PROGRESS
OOTW: ALSO TY WHITELIONS
Doug_W: Stock market gained a LIL today
OOTW: YEAH DOUG…I THINK THE CONSENSUS IS THAT IF THIS DEFAULT’S GOING TO HIT US, IT MAY TAKE A FEW MONTHS
jarhead: sayin october
TxBrand: ok …I like that guy lol —> we are in an abnormal market and when there is an under valued market its going to correct its self and when you see a prolonged under valuation its just a matter of time before you see the price move higher
OOTW: TX BRAND
chattels: Babaker Baderkhan Shawkat Zebari (Arabic: بابا كر بدرخان شوكت زيباري) was a General in the New Iraqi Army. Zebari was chief of staff of the Iraqi army from 2003 till 2015.
OOTW: AN AMERICAN EAGLE, AS YOU’VE PROB ALREADY LEARNED IS A SILVER COIN – MOST OFTEN TIMES, PLACES WILL CHARGE 5.00 “OVER SPOT” SO SAY IF THE PRICE FOR SILVER PER OUNCE COSTS 16.00 YOU WOULD BE CHARGED 21.00 BY THE COIN SHOP TO PURCHASE AN AMERICAN EAGLE COIN
chattels: Military sources say a Kurdish general with the Iraqi Air Force, Anwar Hamad Amin, is expected to replace Zebari.
chattels: “He had asked himself to retire, that request has been refused several times. He was someone who was due to leave the job,” she said. “His replacement is said to be also a Kurdish general. This is essentially a policy position that has traditionally been given to Kurds.”
chattels: ” …. this particular position is not seen as having had huge amount of bearing on those failures on the ground.” , i.e., Mosul and Ramadi
chattels: The Iraqi military suffers from both poor training – which the US military says it largely abandoned after the 2011 withdrawal of American forces – and lacking leadership.
Zebari repeatedly said before the withdrawal that it would be better if US forces stayed, as it would take years for the Iraqi army to be fully ready. “If I were asked about the withdrawal, I would say to politicians: the US army must stay until the Iraqi army is fully ready in 2020,” Zebari had told AFP in 2010.
chattels: While Zebari was chief of staff, military responsibility was devolved elsewhere post 2011, with former Prime Minister Nouri al-Maliki centralising control of the armed forces in his office and bypassing the defence ministry.
OOTW: YES TXBRAND THAT’S THE RIGHT VIDEO
OOTW: HIS INFORMATION TO ME, IS NOT OVER THE TOP COMPARED TO MOST I’VE LISTENED TO
chattels: THE THREE PRESIDENTS HAVE THAT RIGHT — SO THEY WILL BE ADDRESSING THE IMPORTANT LAWS THIS WEEK…THEY CAN PUSH THEM THROUGH…THIS IS GREAT NEWS. [so basically the 3 presidents don’t need to wait on parliament to vote the laws through?] THEY HAVE THE RIGHT TO USE EXECUTIVE ORDER FOR THE GOOD OF THE COUNTRY. – ZERODAY
chattels: WHAT !!!!!!!!!!!!!!!!!!!!!!!
chattels: WHERE DOES THIS STUFF COME FROM ???????????????
chattels: EXECUTIVE ORDER ????????????
chattels: SOMEBODY SHOW ME THE INK ON THAT PLEASE
chattels: I SAY BOVINE SCATOLOGY
MichelleL: don’t hold your breath
MichelleL: time to relax for 10 minutes before getting all excited and calling my friends and excitable relatives ROFL
chattels: ‹@OOTW› I SEE WHERE YOU ARE CONSIDERED WORTHY PRESS BY THE GREAT ” BANNER “
gold642: Central hails anti-money laundering law 06/30/2015 17:45
gold642: Keywords House of Representatives called on to give priority to pass a law where there is a few months deadline given to Iraq if they are not in Iraq approve the project will be put on the blacklist,
gold642: which was put on according to the latest international standards and agreements and coordinate directly with the World Bank and the Financial Action Task Force and international organizations”,
gold642: “the new law lays the framework and concepts clear and effective & Conditions It enables the central bank, the judiciary and the relevant authorities to exercise the roles and tools commensurate with the seriousness of the crimes of money laundering and terrorist financing. “
chattels: Chapter one [The Legislative Power] Article 48: The federal legislative power shall consist of the Council of Representatives and the Federation Council.
chattels: IRAQI CONSTITUTION www.iraqinationality.gov….
chattels: Article 60: First: Draft laws shall be presented by the President of the Republic and the Council of Ministers. Second; Proposed laws shall be presented by ten members of the Council of Representatives or by one of its specialized committees.
chattels: Article 61: The Council of Representatives shall be competent in the following: First: Enacting federal laws.
chattels: [The Executive Power] Article 66: The federal executive power shall consist of the President of the Republic and the Council of Ministers and shall exercise its powers in accordance with the Constitution and the law.
whitelions: ‹@chattels› you are a wet blanket lol are you trying to tell me that article ‘s 60&61 won’t be met ?
whitelions: and 66
chattels: ‹@whitelions› I AM TRYING TO DEMONSTRATE THAT ZERODAY IS A ZERO
whitelions: ok what did I miss what is zeroday?
sczin11: ‹@chattels› ‹@whitelions› ROFLMAO
chattels: Article 67: The President of the Republic is the Head of the State and a symbol of the unity of the country and represents the sovereignty of the country.
He shall guarantee the commitment to the Constitution and the preservation of Iraq’s independence, sovereignty unity, and the safety of its territories, in accordance with the provisions of the Constitution.
whitelions: if your talking about everything happening all in one day well I don’t think any of us except that but they are getting all thier ducks in a row so that it will go smoother than ever before
chattels: Article 73: The President of the Republic shall assume the following powers:
chattels: Third: To ratify and issue the laws enacted by the Council of Representatives. Such laws are considered ratified after fifteen days from the date of receipt by the President.
chattels: MY POINT IS THAT THE THREE PRESIDENTS, INDIVIDUALLY OR IN CONCERT, HAVE NO CONSTITUTIONAL POWER TO ENACT LAWS.
whitelions: ‹@chattels› I Just figured out how to this lol
whitelions: ‹@chattels› your right they don’t
MrDiagy: ‹@chattels› where’s the RV bud?
chattels: Article 78: The Prime Minister is the direct executive authority responsible for the general policy of the State and the commander-in-chief of the armed forces. He directs the Council of Ministers, presides over its meetings, and has the right to dismiss the Ministers, with the consent of the Council of Representatives.
chattels: Article 80: The Council of Ministers shall exercise the following powers:
chattels: Second: To propose bills.
chattels: CONSTITUTIONALLY, LAWS ARE ENACTED BY PARLIAMENT ALONE. PERIOD. END OF STORY.
chattels: AND ENACTED BY THE OBSERVANCE OF PROCEDURES, READINGS, ETC.
chattels: I FIND NO CONSTITUTIONAL BASIS FOR TRUNCATION OF SUCH PROCEDURES
Sam: ‹@chattels› HI… i see lots of red, dear….is this good reports
Sam: truncation lol
Sam: our own bill oreilly
Sam: by the way GE
Sam: need good news love
TxBrand: Trump is suing them for 500 million … maybe others will think hard before they try to do him n lol
sczin11: ‹@chattels› WE ARE ANXIOUSLY AWAITING YOUR EXPLANATION TO WHITELIONS OF WHOM U R REFERRING TO IN YOUR TIRADE ABOVE…LOL
chattels: THERE IS NO ” FAST TRACK ” FOR LEGISLATION IS WHAT I WANT EVERYONE TO UNDERSTAND – THE CONSTITUTION REQIURES ” PUBLIC ” READINGS, ETC.
OOTW: SOMEONE JUST ASKED ME IF I EXPECTED TO SEE A CHANGE IN VALUE AND THIS IS WHAT I SAID:
whitelions: ‹@sczin11› he answered just not where you could see lol
OOTW: I WANT TO SEE HOW GLOBAL ECONOMIC ISSUES PLAY OUT – ALTHOUGH I THINK KEYWORDS IS NOT DOING A GOOD JOB, I’VE NO DOUBT THAT THE PEOPLE OVERSEEING THIS IN IRAQ ARE GOING TO BE WATCHING THE STATE OF GLOBAL WEALTH.
NO COUNTRY IS AN ISLAND, ESPECIALLY IN TODAY’S ECONOMIC CONDITION/S. YOU KNOW, I’VE ALWAYS SAID, I WANT TO SEE THE ACTUAL PRIVATE SECTOR LAUNCHED – WHICH WE’RE VERY CLOSE TO SEEING.
I DON’T MAKE PREDICTIONS..I JUST WATCH AND REPORT…AS YOU KNOW. I’M SO GLAD TO HAVE YOU ON OUR SITE AND TRULY, IF I SEE WHAT I THINK IS A GREAT SIGN SOMETHING MAY SOON BE HAPPENING I’LL LET YOU KNOW..
BUT, THERE’S MANY STEPS NEEDED, AND EACH OF THOSE STEPS, CONNECTS TO ANOTHER SET OF STEPS..BUT WE ARE GETTING THERE, SLOWLY BUT SURELY. OOTW
chattels: ‹@sczin11› TRYING TO BE ” NICE ” AND DISCREET :)
Sam: ‹@OOTW› Thank you
Sam: certainly glad there is someone who can interpret this stuff
sczin11: ‹@chattels› THERE MAY BE ONE EXCEPTION, DUE TO THE QUESTION OF THEIR AUTONOMY, AND UNDERSTANDING CONSTITUTIONAL DEFINITIONS, THAT BEING THE BANKING LAWS…CBI
OOTW: I TRY
Sam: ‹@OOTW› ‹@chattels› ‹@sczin11› and anybody else
chattels: LAWS ARE VOTED UPON INDIVIDUALLY AND NOT AS A ” BASKET “
Sam: and you guys can disagree and still get along
chattels: IS IT POSSIBLE THAT PARLIAMENT MAY AGREE TO PASS ONE LAW IF OTHER LAWS ARE AGREED UPON ? , yES. iS THAT A ” BASKET “, WELL, IT IS A COORDINATED LEGISLATIVE ACTION(S)
] sczin11: ‹@chattels› ACTUALLY READ A RELEASE IT MAY B IN FORUM TODAY, WHERE THE MP STATED WE NEED TO PASS SUCH AND SUCH, AS MANY OTHERS DEPEND ON IT AND WILL FOLLOW IN SUCCESSION
Sam: another REP candidate Christie
chattels: ‹@sczin11› CERTAINLY PLAUSIBLE
Sam: that makes 14
OOTW: WELL CHATTELS WE’VE SEEN THEM READ ONE LAW TWICE IN A DAY
OOTW: ANYTHING’S POSSIBLE OOTW: :)
[06:44:27 PM] chattels: AND THERE IS A FOUR DAY WAITING PERIOD BETWEEN THE FINAL READING AND A VOTE, imo
sczin11: HERE WE GO…. ” IT IS IRAQ”
whitelions: ‹@chattels› but they have been put into the e-Guillotine we don’t know yet tomorrow will be an exciteing day I hope
chattels: WELL, I HAVE PONTIFICATED AS MUCH AS I AM INCLINED TO DO FOR ONE DAY
sczin11: ‹@whitelions› TOMORROW MAY BE NOTHING BY THE MOST RECENT RELEASE I FOUND..ITS PISTED IN FORUM
chattels: ‹@whitelions› I ALLOW FOR THE POSSIBILITY THAT I AM WRONG
Sliderule: Thanks Chattels
whitelions: ‹@chattels› me too it’s the best way to go
sczin11: ‹@chattels› BY THE WAY, YOU GOTTA LINK FOR WHAT STARTED THIS WHOLE CHAT?
chattels: ‹@sczin11› I DO NOT BELIEVE THAT ANYTHING SIGNIFICANT IS GOING TO HAPPEN THIS WEEK IN PARLIAMENT
chattels: ‹@sczin11› DU OBSERVER
sczin11: ‹@chattels› I GOT THAT YIN….BUT, YOU NEVER KNOW…EVEN TONY WILL BE RIGHT ONE DAY
chattels: ‹@sczin11› dinarupdates.com/observer…
sczin11: ‹@chattels› TY
MrDiagy: ‹@sczin11› that’s what im talkin bout
chattels: ‹@sczin11› VERY POSSIBLE, BUT WHAT VALUE / INTEGRITY IS THERE IN GUESSING EVERYDAY IN THE HOPE / EXPECTATION THAT IT WILL HAPPEN ONE DAY ? IS THAT REDEMPTION AT WORK ? :)
chattels: ‹@sczin11› WE ARE NOT AT CROSS PURPOSES, JUST SAYIN’ :)
OOTW: OOTW – [IF TARRIFS ROLE OUT AUG 1, DOESNT IRAQ NEED A RATE BETTER THAN 1166?] ALL I CAN SAY IS THAT IN THE “50/100K” ARTICLES QUOTING SALEH, HE SAID THAT THE RESERVES SUPPORT A “DOUBLE” ING OF VALUE OF THE DINAR..
THE RESERVES SUPPORT THIS TWICE OVER…AND HE SAID THAT WE WOULD SEE THE VALUE OF THE DINAR “DOUBLE” TO OFF SET THE TARIFFS…WHAT REALLY WILL HAPPEN, I DONT KNOW.
WE DON’T KNOW FOR SURE WHEN SALEH SAYS WE HAVE DOUBLE THE RESERVES TO BACK THE CURRENCY HOW / IF THAT WILL APPLY TO A RATE…
chattels: tempo and / or pace is the key to life and every facet of it, IMO
chattels: “You have power over your mind – not outside events. Realize this, and you will find strength.” ― Marcus Aurelius
chattels: “The happiness of your life depends upon the quality of your thoughts.” ― Marcus Aurelius
OOTW: SO TRUE CHATTELS
chattels: “The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane.” ― Marcus Aurelius
OOTW: EVERYONE BUTIFLDRM IS GOING TO COME INTO THE CHAT ROOM SOON TO TALK TO YOU ABOUT SOMETHING
chattels: excerpts from Marcus Aurelius, Meditations
[07:01:30 PM] OOTW: ANYONE THAT WANTS TO LEARN MORE ABOUT SOME “HEDGES” WITH THE POTENTIAL FORTHCOMING ECONOMIC CHANGES, MAY BE INTERESTED IN WHAT SHE HAS TO SAY
wealthwatch.world Chat Room —
(Recaps Note: Butifldrm chat will be posted shortly)
disciple7: imo we still have a bit to go though
dwsdad: ‹@disciple7› I hope not
jarhead: doug said a rate and date yesterday butn i doubt we’ll get him to repeat it lol
disciple7: ‹@dwsdad› I agree I hope im wrong..
dwsdad: ‹@jarhead› so if he won’t, feel free to spill the beans
disciple7: ‹@Doug_W› date and rate?
dwsdad: maybe if we bug him enough………..
disciple7: ‹@Doug_W› ‹@Doug_W› ‹@Doug_W› date and rate?
disciple7: I said a date and rate once :laughing: :laughing: I failed..
dwsdad: ‹@disciple7› ain’t that the truth
dwsdad: I think it’s gotta be $1+ otherwise they will never de-dollarize
Doug_W: there is my next MH lol
disciple7: ‹@Doug_W› jarhead called u out on a date / rate from yesterday??
dwsdad: jarhead has a memory like an elephant
disciple7: ‹@Doug_W› and is that a MH or a rocket?
jarhead: and a sense of humor lol
] dwsdad: rocket powered MH
disciple7: doug u thinking about going to the moon on ur next trip?
disciple7: ‹@jarhead› doug wont give us his… do u have a date / rate?
Doug_W: To teh MOON Alice
jarhead: $3+ any day ending in Y
disciple7: ‹@jarhead› so not mondai, tuesdai, or wednesdai?
dwsdad: only if ur in Europe
disciple7: I agree with 3+ :smile:
dwsdad: Maybe RI at $3.22, then float up
dwsdad: dang…did I just say float????
disciple7: ‹@dwsdad› im praying for 3.86.. that’s my check out..
] jarhead: $3.71
dwsdad: I’d take a buck right now and clean up my debt
quicktolegit96: WHAT IS THIS INTERNATIONAL CROSS WITH ASHUR BANK ABOUT, ASHUR IS A BANK IN BAGHDAD
disciple7: ‹@quicktolegit96› International transport foreign trade company..
disciple7: could be wrong though I googled it.
[02:31:35 PM] Donnie: CryptoWall ransomware cost US victims at least $18 million, FBI says
[02:31:36 PM] Doug_W: want sum of mine Jar
[02:31:59 PM] Donnie: Malware that encrypts all of a victim’s files and holds them for ransom – what’s commonly called crypto-ransomware or cryptoware – continues to be hugely successful in making money for the criminal gangs who perpetuate it. According to a public service announcement from the FBI’s Internet Crime Complaint Center (IC3), the CryptoWall variant of crypto-ransomware cost US businesses and consumers at least $18 million between April 2014 and June 2015.
That figure is based on complaints from 992 CryptoWall victims, and includes related damages such as the cost of network mitigation, loss of productivity, legal fees, IT services and credit monitoring services.
Donnie: read more here: nakedsecurity.sophos.com/…
whitelions: ONE OF THE BEST ARTICLES OF THE DAY Central Bank calls on Parliament to speed up the passage of anti-money laundering to avoid the “blacklist law.” www.theiqdteamconnection….
OOTW: thanks whitelions we have this article as well in addition to parliament agenda info wealthwatch.world/showthr…
whitelions: ‹@Doug_W› It’s going to happen in chat rooms b/c not all people are alike it’s how you handle thats why I try never to talk usa politics or religion in chat rooms I don’t know the people well enough
MichelleL: but the news is still available in other places, nothing is ever secret in dinarville
MichelleL: i think its amazing how the group mentality in all these places tends to lower the age to 14 on so many occasions – sometimes really funny
Doug_W: I am 76′ above sea lever M
whitelions: ‹@MichelleL› I agree but if you think about it it’s like that everywhere in life you have to recognize it for what it is some people have never got out of gread school emotionally
MichelleL: absolutely whitelions – happens in political office/work environments all the time too
Donnie: 1 hr and 10 mins until Greece puts up or defaults on their debt – tic tock…. tic tock
disciple7: ‹@Donnie› my guess is default
Donnie: yes… me too
Donnie: then the domino starts…
disciple7: ‹@Donnie› agreed
OOTW: IT DOESN’T COST MUCH TO BUY AMERICAN EAGLES
OOTW: AS A HEDGE
OOTW: OR TO BUY CANNED FOOD, POWDERED MILK , CANDLES ETC
disciple7: ‹@OOTW› u thinking hyper inflation or something?
disciple7: ‹@TxBrand› silver or gold coins
TxBrand: I don’t know what a good price is
TxBrand: we only have about 10 cases of food… some gone out of that…
disciple7: ‹@TxBrand› maybe check kitco.com
OOTW: DISCIPLE..SORRY LET ME READ
OOTW: YES I’M THINKING HYPERINFLATION
OOTW: EVERYONE WHO THINK HCL IS A TRIGGER POINT FOR AN “RV” PLEASE LEARN MORE ABOUT THE HCL wealthwatch.world/showthr…
disciple7: ‹@OOTW› hyper inflation with the trigger being a greek default?
jarhead: then theres puerto rico
OOTW: MANY ECONOMISTS, FROM VARIED POLITICAL AFFILIATIONS THINK SO, YES DISCIPLE
jarhead: theyre defaulting too
OOTW: AS WELL AS THE COMMON THEORY THAT WE’LL BE SEEING BANK BAIL INS ALL OVER THE GLOBE
OOTW: ITALY MAY WELL BE NEXT
jarhead: nuthin but a prop
disciple7: ‹@OOTW› ok just making sure.. yea I agree. this could be in the very near future
jarhead: for more failure
quicktolegit96: OOTW WHAT IS THE TRIGGER? BANKING REFORM?
OOTW: A COMBINATION OF ASPECTS
OOTW: GREECE DEFAULT MAY WELL BE A TRUE TRIGGER OR A FALSE FLAG
quicktolegit96: I AGREE
disciple7: ‹@OOTW› ive been watching for this for some time now..
OOTW: ME TOO
OOTW: BUTI FOUND A VIDEO WHICH I ACTUALLY THINK IS REALISTIC
OOTW: SHALL I POST THE LINK?
disciple7: ‹@OOTW› which one I think I watched
disciple7: guy with the gray hair?
disciple7: that was a great video if so
disciple7: ‹@OOTW› iyo how long do u think it could be bad in the states for before things turn around? if it heads that way?
sczin11: Governor of the Central Bank Calls for Parliament to accelerate the adoption of anti-money laundering law By Roudao One hour ago
sczin11: Called on the Governor of the Central Bank of Iraq on the Keywords, on Tuesday, the Iraqi Council of Representatives to speed up the adoption of the draft Anti-Money Laundering Act, the Council of Ministers praised the passage of the bill submitted by the Bank.
Keywords and said in a press statement, “We commend the decision of the Council of Ministers to vote on the draft anti-money laundering law submitted by the central bank, which was put on according to the
sczin11: latest international standards and agreements and coordinate directly with the World Bank and the Financial Action Task Force and international organizations.” (Folks, remember FATF…THE MEFATF IS WHAT FORMER GOVERNOR TURKI IS PRESIDENT OF..THE MIDDLE EAST FATF…)
sczin11: And he called on the Governor of the Central Bank of the House of Representatives to “give priority to pass a law where there is a few months deadline given to Iraq if it is not the adoption of the project will be placed Iraq on the blacklist, which
sczin11: has serious consequences for Iraq’s position internationally.”
sczin11: (Must get it done or they will be out of compliance with the international requirements they want
sczin11: Governor of the Central Bank Calls for Parliament to accelerate the adoption of anti-money laundering law He noted that “the new law lays the framework and concepts clear and effective provisions enable the central bank, the judiciary and the relevant authorities to exercise the roles and tools commensurate with the seriousness of the crimes of money laundering and terrorist financing.”
sczin11: y laundering law submitted by the central bank, which was put on according to the sczin11: latest international standards and agreements and coordinate directly with the World Bank and the Financial Action Task Force and international organizations.” (Folks, remember FATF…THE MEFATF IS WHAT FORMER GOVERNOR TURKI IS PRESIDENT OF..THE MIDDLE EAST FATF…)
sczin11: has serious consequences for Iraq’s position internationally.”
sczin11: has serious consequences for Iraq’s position internationally.”
jarhead: what does all that mean scz??
jarhead: is it a law they want passed or is someone in trouble?
MichelleL: what am i missing? people positioning themselves for starvation and so forth? not a good year for me to stockpile food, been trying to keep the mous/mice out for weeks
sczin11: ‹@jarhead› IT IS A GREAT LAW , REQUIRED FOR INTERNATIONAL COMPLIANCE, OR THEY BECOME BLACKLISTED BY THE WORLD, SO TO SPEAK…
ALSO GIVES THEM THE RIGHT TO PARTICIPATE WITH THE INTL COMMUNITY IN RECOVERING FUNDS
Comments may be made at the end of Part 2 Thank You
wealthwatch.world Chat Room
Investing.com – Australian approvals to build new homes rose more-than-expected last week, official data showed on Wednesday.
In a report, Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 2.4%, from -5.2% in the preceding week whose figure was revised down from -4.4%.
Analysts had expected Australian Building Approvals to rise to 1.0% last week
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[Jester] HI GUYS AND GALS… HOPE EVERYONE IS DOING WELL ON THIS FINE EVENING…
[SoldierofChrist] Jester is Jack Lew in greece part of the Big Picture???
[Jester] SoldierofChrist I DO NOT THINK HE IS IN GREECE I THINK HE TALKED TO TSIPRAS ON THE PHONE…
[Jester] BUT… FOLLOWING UP FROM LAST NIGHT… I HAD SOME PRETTY NON-MAINSTREAM THINGS TO SAY ABOUT THE GREECE DEBACLE… NOT THAT ANYONE BELIEVED MY OPINION THAT GREECE IS A SMALL ISSUE OR A DISTRACTION…
BUT INTERESTINGLY ENOUGH ANOTHER POSTED SIMILAR TODAY… LIKE TO SEE THAT? THEN YOU CAN WONDER IF MAYBE I AM RIGHT ABOUT IT?
[Jester] WELL LETS TAKE A LOOK JUST FOR FUN…
[Jester] Gripping Drama: France, Italy to Split Eurozone Not Greece
[Jester] Focusing so intently on the debate of Greek debt is a global error which also seems to be a deliberate one. Whereas, Italy and France are creating a real threat to the stability of the Eurozone, writes Spanish media portal El Economista.
[Jester] THAT FIRST SENTENCE IS THE ONE THAT I FOUND INTERESTING… DELIBERATE…
[Jester] Tension regarding the Greek default is at its highest. Brussels has suggested that Greece cut pensions, raise taxes and tighten its belt to make ends meet.
[Jester] However, Greek Finance Minister Yanis Varoufakis recalled that Greece has made its proposals to creditors, and currently is waiting for the EU to show its “goodwill”. He also stressed that the Greek side has already placed all its ideas on the negotiating table and that it is not planning to submit any new offers.
[Jester] As the debate continues, Spanish media outlet El Economista highlights another much more important element in the situation. The constant attention the Greek debt issue has received on a global scale has conveniently hid another major problem in Europe, reports the Spanish portal.
[Jester] DELIBERATELY? HMMM…
[Jester] “Greece is a small country with a population of 10 million. But the attention that has been riveted upon Greece seems like the country is a huge state — the protagonist of a multiethnic territory of over 320 million inhabitants. Focusing so intently on the debate of Greek debt is a global error. It also seems a deliberate one. Italy and France (more than 126 million people) — that’s what creates a real threat to the stability of the Eurozone,” El Economista reported.
[SoldierofChrist] Jester wow doesnt get any clearer than that lol
[Jester] This idea was first expressed by Satygitom Das (author of the book ‘Traders, Guns and Money’). Das in his column for the Financial Times remarked, “Italy and France are the creators of the debt avalanche, the mountain looming over the EU. Both countries are characterized by weak progress in the economy, rising unemployment and an increase in the number of poor.”
[Jester] Italy’s debt now accounts for 259% of its GDP and France’s is already at 280%, with Italy’s budget deficit at 3% and France’s at 4.2%.
[Jester] Moreover, France has not recorded the data of its expenditure and revenue since 1974.
[Jester] SAY WHAT? SERIOUSLY?
[Jester] “The almost indiscernible GDP growth, rapidly progressive impoverishment of the people, the depletion of social funds, lack of competitiveness and a complete inability to carry out the necessary reforms — that list is just a few problems that are present in these two countries today, with no reforms for solving the problem anywhere in sight. It is easier to hide by changing the public’s attention to some other object,” El Economista wrote.
[Jester] Greece on the other hand is suffering greatly with the prospect of a default creeping ever closer. But it does appear that Greece is not the reason for the EU’s troubles.
[Jester] READ FOR YOURSELF….http://sputniknews.com/politics/20150629/1023983032.html#ixzz3eW4TckHU
[SoldierofChrist] Jester great article
[Jester] SO NOW WHAT DO YOU THINK ABOUT IT? WHILE OTHERS ARE CONTINUING TO DISTRACT YOU… WHAT ARE YOU MISSING?
[SoldierofChrist] Jester now it leaves the question what are they trying to divert the attention from, plan b?
[Jester] SoldierofChrist THEY JUST TOLD YOU IN THAT ARTICLE… THE REAL ISSUE IS NOT GREECE…
[Jester] NOW YOU HAVE SOMETHING BETTER TO WATCH FOR ON THE EURO FRONT…
[Grace2beme] That’s what I took from what I read in forum.
[SoldierofChrist] Jester its crazy the difference in news coverage from other countries
[Jester] SoldierofChrist IF YOU ARE STILL WATCHING MAINSTREAM MEDIA YOU ARE ALREADY IN THE TRAP THEY HAVE LAID FOR YOU…
[kirbycat94] Jester Whoever thought we’d be getting truthful news from Russia. Still astonishing
[Jester] LIKE TO SEE SOME MORE DISTRACTION?
[SoldierofChrist] Jester yes please
[Jester] While China’s AIIB Makes Headlines…BRICS Bank Moves Ahead
[Jester] While Beijing’s Asian Infrastructure Investment Bank (AIIB) has won overwhelming support (to the surprise of many, including China itself), another bank headquartered in China seems to be flying under the world’s radar.
[Jester] HMMM… UNDER THE RADAR… MEANING NO ONE IS REPORTING IT… IS EASY ENOUGH TO FIND IF YOU ARE LOOKING…
[Jester] Few people have heard of the BRICS New Development Bank (NDB). This was the strong impression I got after visiting Washington, Sydney and Canberra over the last couple of months.
[Jester] The NDB idea was proposed in 2011 by the Nobel Laureate Joseph Stiglitz, and it initially encountered the same cynicism as the AIIB. The five BRICS countries (Brazil, Russia, India, China, South Africa) were not deterred, however, and finally converted intention into reality in 2014. Progress on the NDB inspired the AIIB initiative intellectually, and also provided some momentum for the AIIB’s launch in 2013.
[Jester] ALONG WITH THE US RENEGING ON THE GOLD RE-INSTALLATION PACT WITH 140 OTHER COUNTRIES IN MY OPINION… BUT THAT IS ANOTHER STORY…
[Jester] IN MY OPINION THAT WAS THE START OF PLAN B…
[Jester] The relative lack of attention given to the NDB compared to the AIIB is understandable. Geopolitically, the AIIB is about the China-U.S. relationship, the most important bilateral relationship in the Asia-Pacific and perhaps the world. However, it would be a mistake to assume that the NDB’s slower progress is a signal that there is no place for it.
[Jester] The BRICS countries share a common interest in ‘rebalancing’ the international financial system – getting their money back from the Western banking system to finance their own infrastructure and development, and enhancing the resilience of their financial systems. It is these common interests that drove the NDB project, notwithstanding the fundamental differences between its five members.
[Jester] DANG… WHEN PUT LIKE THAT IT GIVES NEW MEANING TO WHAT IT IS ALL ABOUT…
[Jester] South-South cooperation remains an important step for more balanced global economic development, where the NDB will be relevant. In addition, the NDB can play a role in geographic regions that the AIIB will not focus on, such as Africa.
[Jester] The real issue now is how to make NDB a success. So far, it is moving ahead in stages.
[Jester] Kundapur Vaman Kamath, the most prominent private banker in India, has been nominated as the first president. This is good news, not only because Kamath was considered the least controversial candidate but also because his identity can send a message to the world that the NDB is to be managed as a bank rather than maneuvered as a diplomatic instrument. Russia may want the NDB to serve its geopolitical interests, as indicated by the fact that it has invited Greece to become the sixth member, but this proposal will not be accepted by the other BRICS countries.
[Jester] WHAT?… DID YOU SEE THAT?… GREECE INVITED TO BE THE 6TH MEMBER?… DOES NOT SEEM LIKE IT WILL HAPPEN… BUT… HMMMM…. THE GAME IS AFOOT WATSON!…
[Jester] Undoubtedly the strongest support for the NDB will come from China, despite the fact that it has the same formal decision-making power as the other four BRICS countries.
[Jester] TxBikerLady THAT IS KIND OF FUNNY… BUT RUSSIA SURE SEEMS TO BE CHUMMY WITH GREECE… THAT MUCH IS CERTAIN…
[Jester] Within China, the NDB is seen as one package with the AIIB, and both banks are still at the preparatory stage. The Shanghai municipal government has given strong support to the NDB as the first international organization headquartered in Shanghai and the first international financial organization headquartered in China. The NDB is expected to help strengthen efforts to build up Shanghai as an international financial centre. What the Chinese and Shanghainese governments should provide is more entrepreneurship and intellectual leadership in defining the mandate of the bank. The fact that all the BRICS countries are now founding members of the AIIB could also help the NDB develop a consistent and complementary relationship with that organization.
[diditrvyeet] jester ha that was a good one
[Jester] NOT THE LARGE VENUE I NORMALLY LIKE… BUT THEY SEEM TO BE SAYING IT RIGHT…
[Jester] ON THE OTHER HAND…
[Jester] Successful Endeavor: BRICS New Development Bank Progress Inspires AIIB
[Jester] The NDB bank is expected to become an alternative to Western-dominated financial institutions, such as the IMF and the World Bank.
[Jester] UT OH… CAN YOU SAY THE IMF MAY BE TRYING TO DO ALL IT CAN TO STAY ALIVE?… EVER HEARD THAT SAID BEFORE?… HMMMM….
[jojill] Jester yes
[Jester] The BRICS New Development Bank (NDB) idea was proposed in 2011 by the Nobel Laureate Joseph Stiglitz, and despite cynicism in the beginning the five BRICS countries (Brazil, Russia, India, China, and South Africa) were not discouraged.
[Jester] DANG THAT SOUNDS FAMILIAR…
[Hoosier Girl] Yeap
[Jester] While Beijing’s Asian Infrastructure Investment Bank (AIIB) has won overwhelming support over time, it was the NDB that served as inspiration to the AIIB initiative, providing momentum for AIIB’s launch in 2013.
[Jester] One of the resolves of the BRICS countries is getting money back from the Western banking system to finance their own infrastructure and development, and enhancing the resilience of their financial systems.
[Jester] DANG THERE THAT IS AGAIN TOO… INTERESTING…
[Jester] The lack of attention given to the NDB compared to the AIIB could be due to the fact that geopolitically AIIB is about the China-US relationship, notes National Interest.
[SoldierofChrist] Jester youve been on point for years, people need to start listening!!!
[Jester] AND THAT TOO….
[Jester] But for a balanced global economic development, NDB serves as the bank which is set to mobilize resources for infrastructure and sustainable development projects.
[Hoosier Girl] Yeappp
[Jester] The BRICS countries have agreed to establish a $100-billion liquidity reserve to maintain the bank’s financial stability. NDB is expected to become an alternative to Western-dominated financial institutions, such as the IMF and the World Bank.
[Jester] Even though within China, the NDB is seen as one package with the AIIB and both banks are still at the foundation stage, the Shanghai municipal government has given strong support to the NDB as the first international organization headquartered in Shanghai and the first international financial organization headquartered in China.
[Jester] AND FROM A LITTLE MORE KNOWN SOURCE…http://sputniknews.com/business/20150628/1023951825.html#ixzz3eQfSVJIH
[SoldierofChrist] Jester what the heck do they have to gain with their distractions they are on the same boat SMH
[Jester] SoldierofChrist THEY DO NOT KNOW THAT… THEY DO NOT GET IT… THEY ARE FED WHAT TO SAY AND THE STUFF THAT GETS PRINTED IS CENSORED…
[Jester] IF THE PTB DO NOT LIKE IT TO BE PRINTED IT GETS CUT ON THE EDITING ROOM FLOOR…
[diditrvyeet] that still shocks me
[Hoosier Girl] Always look to see what the other hand is doing….
[SoldierofChrist] Jester true, I pray God’s mercy because its not going to be pretty
[Hurry Up and Wait] Jester I did not see anything about the US. Nothing positive at all. The future may not be so bright
[Jester] Hurry Up and Wait I BEEN TRYING TO TELL YOU THAT FOR SOME TIME NOW…
[Jester] SEE THIS IS WHERE I FEAR I AM NOT GETTING THROUGH… BECAUSE I HAVE BEEN SAYING THAT FOR… HMMM… ABOUT 2 YEARS…
[SoldierofChrist] Jester close to 3 years
[Jester] SoldierofChrist WELL FOR A WHILE I THOUGHT SOMEONE WAS GOING TO COME AND MAGICALLY TAKE IT ALL BACK AND SAVE US FROM OURSELVES… NOT SO SURE ANY MORE…
[Jester] IF THEY HAD HAD THE POWER TO DO SO I BELIEVE THE 2013 GOLD STANDARD RE-INSTALLATION PACT WOULD HAVE BEEN DONE AND WE WOULD ALL HAVE ALREADY BEEN ON OUR WAY…
[Jester] NOW THAT IT IS CLEAR THAT THE US IS NOT INTENT ON TAKING ANY ROLE IN THE FUTURE OF THE WORLD UNLESS THEY ARE RUNNING THE SHOW… I AM STARTING TO CONSIDER THE FACT THAT THE ISOLATION WE WILL HAVE IS THE COURSE THEY HAVE CHOSEN…
[Hurry Up and Wait] Jester You told all of us a while back to start to prepare and start stocking up on supplies
[Jester] Hurry Up and Wait YES THAT IS TRUE…
[Jester] I’LL SEE YOU ALL TOMORROW…
[Jester] NIGHT NIGHT…