More News, Rumors, and Opinions Late Thursday Morning 1-21-16

TNT:

lilypad :  f26 says legally have until end of June but Delta and f26 says no way country will wait until then. Maybe can make it to the end of Feb or First of March economically. They also say Iraq will get rate first and will function a while monitored before article 8 lifted and rates go international.

 F26 also says rial and dinar will go together with dinar leading way. Some 20 cirriencies in basket now. This was not his opinion. Very emphatic

okrocks : 01/21/2016 01:39:00 Issued number (4394) of the Gazette of Iraq, and ensure that the federal budget of the Republic of Iraq for the fiscal year 2016 Act, which passed the House of Representatives and endorsed by the Presidency of the Republic. http://www.moj.gov.iq/view.2096/ this is where it is posted
….

TNT Cont…..

Badscott54:  Iran was immediately linked to the World Banking system. How can they not have a international rate regardless of high or low

TnDr: Iran had a fully functions govt, no disruptions from the likes of Isis…plus, IMO, it is part of the plan for the ME to be on parity. IMO

TnDr:  Good message from Ray in OM early today…P & P…Perseverance & Patience…if this happens today, tomorrow, next week or later we cannot control that. Be strong, stay the course, practice what you have learned.

******************************
*
WSOMN: 

Camdoc:  OK, Kiddies I have some hot intel. Gonna post it in probably 5 parts.

Great news just in: I called my friend D****** in Arizona yesterday. He had a friend in from LA and they put me on speaker phone. We talked about a few things for 6 or 7 minutes then D******* mentioned that G*** was also about ready to celebrate. D******** knows that I hold currencies and obviously so does G***.

He is in a group to exchange also. He told me that he was called the night before and put on High Alert. He has to go to Reno to exchange… and the group he is in is Admiral’s Group.

Also, he had to turn in copies of his receipts and they also did a background check on him. Everything was approved so he is ready to go as soon as he gets the call – and will head to Reno.

He does expect to sign an NDA… so he told me that he would call our mutual friend (D********) and let him know that he just bought a “New Car”.

Admiral’s Group is supposed to go first… then General 64 and the group I’m in will follow, I think at the same time. So I am expecting some movement in the next couple of days.

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

Jed54:  So Camdoc, how long will it take before the rest of us get to exchange, any thoughts?

Camdoc:  No info. I expect a couple of days, maybe?

Bigdoc:  It was always my understanding that the admirals group was first in Reno, then Gen64/WF group and us together. Never heard that has changed

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

Appaloosa:  WE ARE SITTING IN AN AMAZING PLACE AND WE HAVE BALCONY SEATS TO WHAT’S TRANSPIRING – NO NEED TO BE DEPRESSED ABOUT THAT, RIGHT? WE GOT THIS. LET THEM FINISH IRONING OUT THE DETAILS AND THEY WILL GET IT DONE AND BRING IT TO US…

WE HAD THE BRAINS, AMBITION AND FAITH – TO BUY IN SO TO SAY……YAY US!!

WHERE WOULD WE ALL BE HAD WE NOT BOUGHT CURRENCIES…..WHAT WOULD LIFE BE LIKE RIGHT NOW WITHOUT THE EXCITMENT OF WHAT WILL SOON BE.
SOMETIMES WE ALL GET SO CAUGHT UP IN “WHERE IS IT” WE FORGET TO SAVOR EXACTLY WHAT’S ABOUT TO HAPPEN TO US.

THE LIFE CHANGING EVENT WE ARE ABOUT TO EXPERIENCE….HISTORY IN THE MAKING, AND WE ARE TRULY A PART OF THAT……..

WE WILL BE A LEGACY FOR OUR FAMILIES FUTURE GENERATIONS. OUR CHILDRENS, CHILDRENS, CHILDREN WILL TALK OF HOW THE CIRCUMSTANCES OF LIFE CHANGED FOR THEIR FAMILY – AND OUR NAMES WILL BE WHAT THEY REMEMBER.

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

Cruiser:  Article quote: “Reconsider the purchasing power to do his Iraqi and make them equal to the rate of purchasing power for the countries adjacent to Iraq…”

[DOES THIS MEAN THAT IF KUWAIT’S MONEY IS WORTH 3.40 THAT THE IRAQI’S DINAR NEEDS TO BE THE SAME? OR SAME IN KIND?] HE IS IDENTIFYING THE VERY POINT…

We know that they were intending to meet yesterday to discuss the HCL, and it looks like they did meet (another miracle in Iraq, a meeting held on time!) – but we are not privy yet to the outcome of said meeting. As much as I’d love to say I have inside info, I don’t at this time other than a few mentions that they will be addressing it again tomorrow… fingers crossed. The Budget was also not published in the Gazette, but that doesn’t bother me. I

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

RE Landa CC Yesterday:  Link  

BigDog:  If you listen closely to the long list of global changes that have been accomplished in the last 18months, the US republic was listed as completed

Landa was expecting a Wire transfer last night and I was hopeful they would get it because that would be a good indication we would be up to bat following

Lami:  I listened to call…Apparent order: His funds for humaitarian Projects…then RV….Then Historic Bonds.

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

UKmtb:  Listening to Dave Schmidt – only 12 mins in but he is giving the background to what is happening in the global stock markets… here’s a link if you are interested. https://thesedonaconnection.wordpress.com/

Gerry Maguire:  http://beforeitsnews.com/survival/2016/01/a-run-on-the-banks-begins-in​-italy-as-italian-banking-stocks-collapse-2601886.html

KTFA:

Frank26:  CC last night:

Notice to all World Currencies ………. SIT DOWN ………. None of you go BEFORE the relationship of our IQD with the USD. (See article below)

THE IQD has been groomed for over 10 years for this moment !
Ah? ………… Ok.
 

I have Hopes and Good Dreams about our investment …….. Just as You do.

I SHARE 40 to 50% of us as a TEAM……… With You.

Hence my reasons for telling my KTFA FAMILY since November that on MARCH 23rd ………. I return to Paradise Found.(Hawaii?)

This step is based on the other 60 to 50 % and the TIMING of OIL INCREASE.
But more IMPORTANT are the COUPLE of things we STUDIED on Your CC last night.
 
C U tonight after the Business Promo CC …DESSERT?

Well ……….. Lets just say that I did not finish SHARING last night. To see DELTA and ITEAM in the Same Week should not be so dis-guarded. They watch me ………… Talk to You KTFA FAMILY.

We give You from 12 as TEAMS have …………. My 6.

KTFA    Frank

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

Walkingstick:   World Bank President to Ebadi: the success of Iraq is important for the world and are ready to support expertise

Thursday January 21, 2016 15:38

Search Prime Minister Haider al-Abadi and World Bank President Jim Yong Kim, Thursday, to help Iraq to reform its banking system, and as Kim pointed out that the success of Iraq is important for the world, expressed the readiness of the bank to support the Baghdad expertise.

Ebadi said Office in a statement received Alsumaria News, a copy of which, “The Prime Minister met today on the sidelines of the World Economic Forum in Davos, the President of the World Bank Jim Yong Kim and his entourage,” noting that “During the meeting, the World Bank’s Iraq support expertise and simplification procedures and assistance for the reform of the banking system and provide expertise to water resources management. “

The statement added that “also was discussed the participation of the World Bank experts in workshops and help reform the provinces to complete the transfer of powers in addition to their support for the reforms carried out by al-Abadi.”

For his part, President of the World Bank pointed out that “the success of Iraq is important to the whole world and they are ready for all that Iraq needs support in the experience.”

The Prime Minister arrived Haider al-Abadi, on Wednesday (January 20 2016), to Switzerland to share the work of the Davos Economic Forum.

http://www.alsumaria.tv/news/157551/%D8 … 5%D9%87/ar
 
************

Walkingstick:  Abadi participate in a closed seminar of political leaders and experts on oil and gas

Thursday 21-01-2016 | 4:46:23

Twilight News, Prime Minister Haider al-Abadi / participated Thursday in a closed forum of political leaders and experts on oil and gas.

According to a government statement seminar has discussed the sharp drop in oil prices and its direct impact on oil-producing countries, especially Iraq, “who is locked in a fierce war against Daash terrorism and needs to the world to stand with him were also discussed the impact of the current fluctuations in prices on the overall global economy.”

Abadi yesterday and arrived in Switzerland to participate in the World Economic Forum with the participation of the major countries of the world.

http://www.ara.shafaaq.com/51876

MANGELO TIDBIT, 21 JAN

We are told the exchangers in that area are to adjust their rates staring tomorrow. As DC would say, “that’s huge!” Also, there were comments on Abadi’s Facebook page, they are saying food is costing less because the currency is worth more.

So we have word of adjustments in regions across Iraq. It’s in stages, but the fact it’s taking place tells us a great deal. It’s coming! These are the

STEVEI CHAT UPDATE, 21 JAN

An invitation to link the Iraqi dinar to the global economyLJWalls  said:   I guess the question now is how long it will take for Iraq to make this move. I’m in for the long haul – but it’s been pretty long already!! LOL Stevel:   This depends on the Mosul success with ISIS. They cannot do this and leave out the Kurdistan region. Just not going to happen. They need to close the border and get

Becoming An Expat Was The Best  Decision I Ever Made

Sovereign Man  Notes From The Field  By Simon Black
January 14, 2016   Santiago, Chile 

Becoming An Expat Was The Best  Decision I Ever Made

I had a bit of a housewarming party a few days ago with a pretty diverse group of friends, many of whom had moved here to Chile from foreign countries. 

One girl that I know is a tattoo artist from New York. 

Now, back in the United States, she has a great reputation as a phenomenal tattoo artist. 

But in New York, and in the US in general, she is a phenomenal tattoo artist among many other phenomenal tattoo artists. 

Down here, however, she is far and away the BEST tattoo artist in the country. 
~~~

The quality of her work is unparalleled, especially compared to the local standards, so she commands astronomically high rates. And locals here are happy to pay. 

Her rates are so high, in fact, that she can earn an entire month’s worth of living expenses after just a few days of work. 

This is one of the things I like best about living abroad. 

It’s not all cookies and unicorns overseas; there are frequently surprising, petty challenges to deal with. 

But on the balance, being an expat is fantastic. 

There are substantial tax benefits, for one. Living overseas often means that you no longer have to pay tax in your home country. 

Even US taxpayers can earn over $100,000 tax free by living abroad through the Foreign Earned Income Exclusion, plus tens of thousands of dollars more at very low tax rates through the Foreign Housing Exclusion. 

(If you’re married, your spouse can also use the Foreign Earned Income Exclusion, extending your benefit to $250,000 or more.) 

The lifestyle benefits of being abroad are also substantial. The cost of living is often much cheaper abroad. High quality medical care can be very inexpensive.

You can become proficient at another language; and for younger children in particular, they can learn the local language to an almost native level. 

It’s also a really nice feeling to be completely insulated from all the nonsense in your home country. 

I’m completely disconnected from government fear mongering that terrorizes citizens over men in caves, or angry teenagers in the desert armed with weapons provided by the US government. 

Living abroad can mean no more gut-wrenching pain as you watch your freedom vanish at an astonishing rate. 

Nor is there any BS propaganda crammed down your throat. 

But even above all of those reasons, I still find the most compelling benefit of living overseas to be the opportunity. 

And my tattoo artist friend is a great example. 

As a foreigner living overseas, you’re different. 

Almost by default, you have a level of skills and talents that simply don’t exist in your adopted home, especially when you live in a smaller, less developed country. 

You know what good service is. You know how an efficient operation should look. 

And whether you realize it or not, you’ve been exposed to countless business models that work. 

I know a local Chilean here who went to university in California. 

He saw the rise of peer-to-peer lending platforms in the US where websites like Lending Club and Prosper match up lenders and borrowers. 

In Chile he knew the demand for such a service would be very high– banks can charge absurd rates of interest for something simple like a car loan. 

He didn’t have to reinvent the wheel. All he had to do was copy and paste the exact same business model and bring it to Chile. 

This even applies to things that aren’t anywhere near as high-tech. 

Recently I was joking with an entrepreneur friend that if you start a restaurant here that has bad service and mediocre food, you’re slightly above average. 

And while I made the comment in jest, it’s clear that there’s an opportunity for good quality, reasonably priced food accompanied with great service. 

Back in our home countries, that’s pretty much the standard. But many places overseas just haven’t reached that level yet. 

This creates significant opportunity. And it’s everywhere. 

Whatever your skill, whatever your background, there are likely many ways you can earn a very comfortable living while reaping in all the other tremendous benefits of living abroad. 

We talk about having a Plan B all the time: take rational steps to protect what you’ve earned, and everything that you’re going to build in the future. 

There are far too many risks in the world (bankrupt governments, borderline insolvent central banks, overleveraged financial systems, etc.) to NOT have a Plan B. 

We’ve talked about owning physical cash and precious metals. Holding a portion of your savings in a stronger banking system in a jurisdiction with minimal debt. 

All of these steps are important components of a Plan B. 

But there’s another side to Plan B. Because while there are a lot of risks that need to be addressed, there’s an abundance of opportunity as well. 

And it’s not just Chile either. There are plenty of countries where these opportunities exist (I’m quite bullish on Colombia as well). 

There are wonderful business, employment, investment, and lifestyle opportunities that go far beyond your home country. 

And tremendous benefits are waiting when you start to expand your thinking to the entire world.
 
Until tomorrow, 
Simon Black  Founder, SovereignMan.com

Stevel & Members Wednesday Evening Discussion 1-20-16

Post From Peoples Dinar
Stevel & Members Wednesday Evening Discussion 1-20-16
 
An invitation to link the Iraqi dinar to the global economy
LJWalls  said:   I guess the question now is how long it will take for Iraq to make this move. I’m in for the long haul – but it’s been pretty long already!! LOL
 
Stevel:   This depends on the Mosul success with ISIS. They cannot do this and leave out the Kurdistan region. Just not going to happen. They need to close the border and get the lower currency in the banks. You can not move money into a war zone.  I hope this helps.   Steve
 ~~~
An invitation to link the Iraqi dinar to the global economy
Andiedog said:   Now I am going to throw in my two cents……Just a thought for people to stew about. Look at the price of Gold in the past two years or so. It has been going up and down while hitting all time highs, then going down then going back up.
 
But as we now see it is relatively stable (HMMMMMM) and conveniently at a level that makes this Dinar situation favorable in the market eyes. Again (HMMMMMMMM).
 
In the past I had a conversation with a Gold Trader my question to him was simple, I was always taught buy low and sell high. That seems very simple. But as the gold price was at it’s peak the big dealers were still buying. As we were being told that the price was going to well over 2000 per ounce.
 
This never made any sense to me. The closing comment from this gold dealer was simple, He stated that when you stop seeing the TV commercials from the gold buyers then look for something to change in the market. I do not know about you guys but the commercials have stopped in my area So Cal.
 
He also explained that these dealers do not hold on to the gold, they buy it and sell it immediately for their profit.  So after all that I ask….. Is there a chance that at this time is the gold market is being Manipulated  to accommodate the event we are waiting for ???
 
I am not a suspicious type person but I would not be surprised by anything at this time.  Just asking  ??
 
Stevel:   Is there a chance that at this time is the gold market is being Manipulated  to accommodate the event we are waiting for ???  Absolutely not. Not in a million years.   Steve
 
 
An invitation to link the Iraqi dinar to the global economy
goods10 said:   Before they would do that won’t they need to move the decimal (delete the zeros)? Is that the 1:1 that is being mentioned?
 
Stevel:   No the 1:1 may have been a master plan along. Only the Finance Minister and the IMF know the answer to that one.
 
Remember, we have two things going on at the same time, in country and outside of the country. What they do inside the country will be to give them lower domination with value. Also the retailers will price accordingly.
 
Example, when the Chinese currency devalued (China’s currency dropped by a cumulative 4.4%, this was a while back, against the U.S. dollar, making Chinese exports cheaper and imports into China more expensive by that amount) but my wife purchase products daily from China.
 
 So what the China merchants did was realign their costs to the dollar and she kept spending the same amount for the goods to us. She did not end up getting more products.
 
Several of the big plants in China (that Marion buys from), the merchants are moving their manufacturing to another country.  Steve

 
An invitation to link the Iraqi dinar to the global economy
merlin62 said:     I have two degrees in Business Administration Finance and graduated “Magna Cum Laude,” so I’m not dumb but I believe you have to have more than just an education to understand this.
 
Steve, his team and PD researchers must have a gene that they were born with to understand all the information and be able to piece it together, so we can understand it all.
 
I know I could run a business but I could never run a country and keep its country’s currency in line with the global economy but I think some of the team and Steve could. Thank you Steve and the PD team for helping this old Marine understand this investment for all these years.
 
Stevel:    Thanks for the kind words. I would not want to run any country because my wife would always be telling me what to do and how to do it, so I would never be correct. :) 😛 😀   Isn’t that what a great wife is for? Keep the guys inline. Mine sure does.   Steve

 
Economic analyst: the dollar against the Iraq dinar is not real price 
swann1  said:    my read on this article is, that the analyst is admitting that the IQD rate is not accurate, and they must raise it to meet the USD.
 
Stevel:   Remember, the current rate is what the United Nations did when it put Iraq under severe sanctions. Sanctions removed so in theory, the rate should go back up. I really do not agree with the returning rate any longer because it was a rate that was dictated by the other past leader dictator.  Steve

 
An invitation to link the Iraqi dinar to the global economy
 Norm53 said:    Does pegging the dinar to gold make it internationally tradeable, or just internationally desirable? 
 
Stevel:   Internationally Tradeable and very much desired for all investors large and small.  Steve 

An invitation to link the Iraqi dinar to the global economy
Mophaven said:    Steve,  If I understand what you are saying…we were expecting a  measly 3+ dollar value per Dinar. With the new information, now we might have a 1100+ dollar value per Dinar depending on what the one ounce price of gold is when we choose to sell our Dinar?
 
if this is correct,        10 dinars would be equal to      11,000 dollars
                               100 dinars                                 110,000 dollars
                             1000 dinars                              1,100,000 dollars
                          10,000 dinars                            11,000,000 dollars
                        100,000 dinars                          110,000,000 dollars
 
Am I correct in my math or did I miss something?
 
Stevel:    Sorry, you really missed this one. I love where you were going with this, but no not close.
 
1,000 (you are forgetting the three zeros) dinars will be equivalent to one ounce of gold value. If the value of one ounce of gold is Gold Price Per Ounce $1,103.80 then that makes one dinar will equal $1.04. I believe most paid about .08, plus or minus a few fractions of a cent.
 
The smallest dinar note on the CBI site is a 50 Dinar Note. I have 95% 25000 Dinar Notes.
 
So the new lower notes without the three zeros will be a t, 5, 10 and 25 note. They already have a 50. This is why it is so important to get the lower currency in the banks before this takes place or it will not work.
 
I hope this helps.  Steve

DINAR IRAQ & DONG VIETNAM UPDATE, 21 JAN

Article: “An invitation to link the Iraqi dinar to the global economy ” Quote: “noting the importance of the introduction of the Iraqi dinar to global markets.” This is pretty much how we have described moving to Article VIII, ending the auctions, international investors, Balassa-Samuelson effect, etc. Sooner or later if they want a market economy they have to transition the dinar and banking

A new report on the death of Chalabi and al-Abadi up intelligence and national security amid a big blackout ..

A new report on the death of Chalabi and al-Abadi up intelligence and national security amid a big blackout .



Published on: Today, 15:22



BAGHDAD / Sky Press: political source revealed on Thursday that a report on the death of Chalabi arrived at the prime minister Haider al-Abadi, intelligence and national security, while obscured all-party report, which confirms that Chalabi was poisoned.


+

The source for "Sky Press" that "Reese Minister Haider Abadi, the Iraqi National Intelligence Security received the report of the US Institute of Medicine in New York, which revealed that the cause of death of MP Chalabi is Take it a dose of poison tucked him in two cups of coffee before he died six hours, which led to complications and clotting severe blood and then stroke and then cardiac arrest and death directly. "

The source, who requested anonymity, that "the party received during the" 24 "the last hour of this report have been obfuscated has not issued any statements about that, as well as open secret investigations into the matter."

The Chalabi family cost the US Institute of Medicine in New York after the Iraqi medical agencies announced that the cause of his death is normal.

http://skypressiq.net/11766-%D8%AA%D…%8A%D8%B1.html

TNT CHAT WITH TEENWOLFMAN, 21 JAN

TNT

Tennwolfman : all I can say is–I received some good news about the banks last night but I was told NOT to talk about it –Tennwolfman :  its good–we are close-Ladies and Gentlemen-coming soon in your neighborhood is the mighty RV -be sure to stay tuned in for more detailsTennwolfman:  Good Morning again–If you have ever believed in the RV–then now is the time to hold steadfast- Dont stop

News, Rumors, and Opinions Late Wed.PM/ Early Thurs. AM

Early Thursday Morning:

TNT:

Tennwolfman : all I can say is–I received some good news about the banks last night but I was told NOT to talk about it –

Tennwolfman :  its good–we are close-Ladies and Gentlemen-coming soon in your neighborhood is the mighty RV -be sure to stay tuned in for more details

Tennwolfman:  Good Morning again–If you have ever believed in the RV–then now is the time to hold steadfast- Dont stop believing now–now now–not right here at the end
….

Replay for Landa Global CC Wednesday 1-20-16

January 20, 2016 – General Update and Project discussions

http://landachinaglobal.com/resources/53%20Landa%20Update%201-20-2016%20%2829%29.mp3

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

KTFA:

Walkingstick:  Thursday 21 January 2016 | 15:50 |

The facts of Iraq issued the new issue including the 2016 budget law

BAGHDAD / .. issued number (4394) of the Gazette of Iraq on Thursday, including the federal budget of the Republic of Iraq for the fiscal year 2016 Act, which passed the House of Representatives and endorsed by the Presidency of the Republic.

The general director of the Iraqi facts circle Muhannad Zebra in a statement: “Eye Iraq News” received a copy of it, that “the number (4394), the federal budget of the Republic of Iraq for the financial year law guarantees in 2016,” noting that “the law was issued based on what passed the House of Representatives in accordance with the provisions of subsection (I) of Article (61) and item (iii) of Article 73 of the Constitution, and endorsed by the Presidency of the Republic. “

The Director General pointed out that “version included the details of the most accurate in this law, where the budget was estimated at (Eighty-one trillion seven hundred billion Tmnmaip and three million, one hundred and thirty-eight thousand dinars), with the calculation of the income earned from the export of crude oil at a rate of $ (forty five ) dollars per barrel and the rate of export of (three million and six hundred thousand barrels per day).

The House of Representatives had voted in the House of Representatives, 16 December 2015, during the last legislative session of the legislative term of the previous .anthy 8

http://aynaliraqnews.com/index.php?aa=news&id22=51877

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

Walkingstick:  The issuance of the new issue of the Gazette of Iraq call (4394)

Ensure that the federal budget law

01/21/2016 01:39:00

Issued number (4394) of the Gazette of Iraq, and ensure that the federal budget of the Republic of Iraq for the fiscal year 2016 Act, which passed the House of Representatives and endorsed by the Presidency of the Republic.

The general director of the Iraqi facts circle (Muhannad Zebra): The number (4394) to ensure the federal budget of the Republic Act Iraq for the fiscal year 2016, indicated the that the law was issued based on what passed the House of Representatives in accordance with the provisions of subsection (I) of Article (61) and item (iii) of Article 73 of the Constitution, and endorsed by the Presidency of the Republic.

He said the Director-General: to be Released ensure the most accurate details of this law, where the budget was estimated at (Eighty-one trillion seven hundred billion Tmnmaip and three million, one hundred and thirty-eight thousand dinars), with the calculation of the income earned from the export of crude oil at a rate of $ (forty five) dollars per barrel and the rate of export of (three million six hundred thousand barrels per day).

http://www.moj.gov.iq/view.2096/

Late Wednesday Night:

TNT:

Mangelo:  We are told the exchangers in that area are to adjust their rates staring tomorrow. As DC would say, “that’s huge!” Also, there were comments on Abadi’s Facebook page, they are saying food is costing less because the currency is worth more. So we have word of adjustments in regions across Iraq. It’s in stages, but the fact it’s taking place tells us a great deal. It’s coming! These are the transformations we have been looking for.

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

WSOPN:

Lami:  Suggest you listen to Landa Global Replay 6417153589 pin 484959…Doug gives status update of global occurrences…Jerzy talks of banker arrests etc..
.
Camdoc:  I wanted to bring something up in case you didn’t get it. On the call today, Ray indicated that we expected Iraq to push the button. But there was no button pushed. It is more like a dimmer switch slowly opening. Abadi said on his facebook today as Mangelo said, that food would not be so costly,as the value of the currency would be greater. And we have the announcement that the currency exchangers would have a different rate tomorrow. And the rate is going up.

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

KTFA:

KTFA Wednesday  Night Conference Call

Approx.85 minutes long

PLAYBACK # : 641.715.3639     PIN: 156996#

https://www.freeconferencecallhd.com/playback_rudd/?n=OTQCw/uydRK

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

Walkingstick:  Chancellor nominates Christine Lagarde for second term as head of IMF

From:HM Treasury and The Rt Hon George Osborne MP First published:21 January 2016

The Chancellor, as the UK’s IMF Governor, has written to the Secretary formally nominating Christine Lagarde for a second term as Managing Director.
placeholder

The Chancellor of the Exchequer, George Osborne, has today (Thursday 21 January 2016) formally nominated Christine Lagarde for a second term as Managing Director of the International Monetary Fund (IMF).

Commenting on the nomination the Chancellor said:
Today, I am pleased to nominate Christine Lagarde for a second term as Managing Director of the IMF. I nominated Christine for her first term in May 2011 and since then she has exhibited outstanding leadership, skilfully steering the Fund through big economic challenges, while working hard to deliver historic reforms to the IMF.

At a time when the world faces what I’ve called a dangerous cocktail of risks, I believe Christine has the vision, energy and acumen to help steer the global economy through the years ahead.

The Secretary of the IMF has today (21 January 2016) opened the period in which nominations can be made for the position of Managing Director. Nominations can be made up to 23.59pm EST on 10 February 2016.

The Chancellor of the Exchequer, as the UK’s IMF Governor, has written to the Secretary formally nominating Christine Lagarde for a second term as Managing Director.

https://www.gov.uk/government/news/chan … ead-of-imf

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

Emailed to Recaps:

Iran Says SWIFT Now Open to 12 More Banks

Iran has named 12 domestic banks that it says have now been reconnected to SWIFT, the global provider of secure financial messaging services, after the recent removal of economic sanctions against the country.

The Central Bank of Iran (CBI) says it has conducted the required negotiations with the SWIFT – the Society for Worldwide Interbank Financial Telecommunication – for Iranian banks to use its services to do overseas financial transactions.

They are Tejarat Bank, Refah Kargaran Bank, Export Development Bank of Iran, Bank Sepah, Post Bank of Iran, Bank of Industry and Mine, Iran-Europe Bank, Cooperative Development Bank, Bank Sina, Bank Mellat and Bank Melli Iran.

Several Iranian private banks including Dey, Saman, Pasargad, and Parsian in addition to two state-run banks – Maskan and Keshavarzi – have already become reconnected to SWIFT.

SWIFT is used by nearly every bank around the world to send payment messages that lead to the transfer of money across international borders. It provides a wide range of service including transmitting letters of credit, payments and securities transactions among 9,700 banks in 209 countries.

However, it became off limits to Iranian banks in 2012 after the implementation of the US-led sanctions against the country. Accordingly, around 30 Iranian banks were blocked from using SWIFT services, literally cutting off Iran from the global banking system.

This past Saturday, the economic sanctions against Iran were lifted after a nuclear deal that the country had sealed last year with the P5+1 group of countries – the five permanent members of the Security Council plus Germany – was implemented.

A central theme of the sanctions was putting restrictions on Iran’s banking transactions with the international financial institutions through various mechanisms including closing SWIFT services to the country.

http://www.presstv.ir/Detail/2016/01/21/446679/Iran-says-SWIFT-open-to-12-banks/