FrostyTheSnowman » July 7th, 2015, 2:09 am 

HIGHLIGHTS FROM KTFA MONDAY NIGHT CC 6 JULY 2015

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PLAYBACK LINK: https://www.freeconferencecallhd.com/playback/?n=OTQCw/jsIgQ

Call Time: 126 minutes long

Greetings family! Welcome to another one of your conference calls!

Today is the 6th of July ... and tomorrow is an important day, isn't it? We'll talk about that.

Millionday News 7/6/15  Part 2 of 2

Welcome to dinarupdates.com for News Time with Millionday!!

Papatom: well the paring of the currency necessitates it show on the world market.....so I thought that was pretty big.... but this cel crisis.....that is pretty bigger

Papatom: they are actually ASKING another group to tell them WHEN?????

Millionday: HUGE -- I AGREE -- THIS IS GREAT --

Millionday: TO GIVE RECOMMENDATIONS

Millionday: WHOOPOW

Millionday: THIS IS GREAT NEWS -- DONT MISS ANY NEWS
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The BRICS Butterfly Effect and Bretton-Woods Reforms    

Special to The BRICS Post 

July 6, 2015, 7:59 am

An idea, which commenced, as a Goldman Sachs research project may soon become one of the most widely followed case studies in chaos theory.

To truly understand the growth of the BRICS Bloc, we must focus on the multiple exogenous and endogenous political and economic factors, which have contributed to the trend.

When Goldman Sachs pitched a report way back in 2001 and 2005 on the growth prospects of five countries, whose rapidly changing political and economic order was ushering in high economic growth, it may not have envisaged a scenario where the existing global financial hegemony would come under an existential threat in 2015.
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Millionday News 7/6/15  Part 1 of 2

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: Hashemi Iraq aims to develop and promote external economic and trade relations through openness to the Arab and foreign banks what would improve the performance banking and government developed especially after the long years of isolation due to sanctions 

Atah.ovi this regard said economic researcher verse just to move sector banks Government towards opening up to foreign banks, Arab and foreign, comes as a natural result of the liberation of Iraq from Chapter VII of the UN Charter restrictions, 

especially in regards to the movement of funds and the opening of branches of Iraqi banks abroad so

Millionday: NOTE -- IRAQ IS ANNOUNCING THE OPENING OF INTERNATIONAL BANKING LAUNCH TO THE GLOBE AND THEIR READINESS --
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"WHAT GOES UP MUST COME DOWN, SPINNIN' WHEEL GOT TO GO ROUND. TALKIN' 'BOUT YOUR TROUBLES IT'S A CRYIN' SIN, RIDE A PAINTED PONY LET THE SPINNIN' WHEEL SPIN."

OVER THE WEEKEND THE WORLDS SECOND LARGEST STOCK MARKET, THE CHINESE SHANGHI IS TAKING UNPRECEDENTED MEASURES TO CURB THE SELLING ROUT THAT HAS DROPPED THE INDEX 30% IN JUST 3 WEEKS!

THE SPEED OF THIS DROP IS THE FASTEST SEEN SINCE 1992!

CHINAS STATE BACKED MARGIN FINANCE COMPANY WILL HAVE A DIRECT LINE INTO THE LIQUIDITY OF THE CENTRAL BANK. ALSO CHINAS' TOP BROKERAGES HAVE PLEDGED TO BUY 19.3 BILLION IN SHARES TO HELP PLUG THE DAM ON THE SELLING! IT REMAINS TO BE SEEN HOW THAT WILL GO.

10 Consequences of Greece's 'No'

Mohamed El-Erian

Chief Economic Advisor, Allianz; Chair of President's Global Development Council

By heeding their government's advice and voting "No" in the referendum on Sunday, Greek citizens sent an unambiguous message. Much like the fictional Americans portrayed in the movie "Network" who threw open their windows and shouted out, "I'm as mad as *** and I'm not going to take this anymore," the Greeks are demanding that the rest of Europe acknowledge their distress.
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Post From KTFA by aggiedad77 » July 6th, 2015 Comments From Aggidad below article

walkongstick wrote on July 6th, 2015, 4:33 pm: DS.........  Keywords: abolition of additives on the budget law strengthens the independence of the central bank and can diversify monetary tools

Author: ASJ   Editor: BK, BS 6/7/2015 10:38 p.m. 

Long-Presse / Baghdad  Counting the Iraqi Central Bank, on Monday, that the acceptance of the Federal Court appeal lodged by the budget law, promotes independence and allows it to diversify its monetary policy and flexible orientation tools, noting that sales of the dollar aims to provide the Ministry of Finance dinar you need to finance the budget, 

and to achieve stability of exchange rates General and prices, and to ensure that bending the citizen and the economy, investment and banditry on the "greedy and malicious."
~~~

Post From Wealthwatch.world Chat Room 7-6-15 Part 2 of 2
Member News Discussion

chattels: ATHENS - Greeks have voted overwhelmingly to reject the bailout put forward by international creditors, and following Sunday's referendum, campaigners filled the main square in Athens to celebrate. Greek Prime Minister Alexis Tsipras said Greeks had voted for a "Europe of solidarity and democracy,"

 but EU officials have warned that the result of the referendum could push Greece towards an exit from the eurozone, and that future negations would be tough. Some form of deal is needed urgently, as Greek banks are likely to run out of money without emergency loans. Tsipras remained upbeat though. 

"Today, considering last week's very difficult circumstances, you made a very brave choice.
~~~

Post From Wealthwatch.world Chat Room 7-6-15

chattels: HRW exposes shocking details of ISIS attack on Kobani By Arina Moradi

chattels: rudaw.net/english/kurdist...

http://rudaw.net/english/kurdistan/060720152

chattels: Peshmerga stop 600-strong ISIS attack south of Kirkuk By RUDAW

chattels: rudaw.net/english/kurdist...

http://rudaw.net/english/kurdistan/060720153

KiwiDoc: '@chattels' very good, been reading your posts and the articles on the Kurds and Turkey all very dynamic and cause for thought
~~~

Post From KTFA by aggiedad77 » July 6th, 2015 Comments From Aggidad below article

walkongstick wrote on July 6th, 2015, 4:33 pm: DS.........  Keywords: abolition of additives on the budget law strengthens the independence of the central bank and can diversify monetary tools

Author: ASJ   Editor: BK, BS 6/7/2015 10:38 p.m. 

Long-Presse / Baghdad  Counting the Iraqi Central Bank, on Monday, that the acceptance of the Federal Court appeal lodged by the budget law, promotes independence and allows it to diversify its monetary policy and flexible orientation tools, noting that sales of the dollar aims to provide the Ministry of Finance dinar you need to finance the budget, 

and to achieve stability of exchange rates General and prices, and to ensure that bending the citizen and the economy, investment and banditry on the "greedy and malicious."
~~~

Post From Wealthwatch.world Chat Room 7-6-15 Part 2 of 2
Member News Discussion

chattels: ATHENS - Greeks have voted overwhelmingly to reject the bailout put forward by international creditors, and following Sunday's referendum, campaigners filled the main square in Athens to celebrate. Greek Prime Minister Alexis Tsipras said Greeks had voted for a "Europe of solidarity and democracy,"

 but EU officials have warned that the result of the referendum could push Greece towards an exit from the eurozone, and that future negations would be tough. Some form of deal is needed urgently, as Greek banks are likely to run out of money without emergency loans. Tsipras remained upbeat though. 

"Today, considering last week's very difficult circumstances, you made a very brave choice.
~~~

Russia, China Central Banks To Sign Agreement On Yuan, Ruble Use
July 6, 2015, 
Russia and China on Monday pledged to settle more bilateral trade in ruble and yuan with central banks of the two countries set to sign a financial agreement, reducing the role of the dollar in international trade.

The 6th China-Russia Finance Ministers dialogue is being held in Moscow.

Russian Finance Minister Anton Siluanov and his Chinese counterpart Lou Jiwei discussed bilateral cooperation as well as the upcoming BRICS Summit on Monday.

"We have actually reached a final stage of preparing this document. I believe we'll be able to sign it in the coming days. The memorandum deals with such issues as making settlements in national currencies, stimulating access to internal markets and so on," said Siluanov.
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Post From KTFA By aggiedad77 »   Monday News Summaries and Commentaries

We sure had a bunch of good news articles yesterday to sift through, sorry that family time kept me away most of the day and couldn't put anything together for everyone. 

Today is another day and looks good as well....the Federal Court is kicking the Finance Committee where the good Lord split you today for their antics with the budget back in January.....

you can't overstep your bounds....but the Committee is licking its wounds and trying to save face.....bonds are hot topics today too it would seem, more on those as we get into the news.
~~~

Millionday Roundtable 7/6/15  Part 2 of 2

Welcome to dinarupdates.com for Roundtable with Millionday!!

Millionday: NOTE -- THE ENVIRONMENT FOR ECONOMIC DEVELOPMENT REQUIRES THE INVESTMENT --SERIOUS ACTION BY THE PUBLIC SECTOR AND PRIVATE AS STATED HERE---- 

IT IS THE ATTRACTION -- GREAT INVESTMENT LAWS AND GAIN POTENTIAL

Millionday: NOTE -- THE HUGE HOUSING BEING BUILT HAS BEEN REPORTED TO BE DONE IN MONTHS -- THOUSANDS OF NEW HOUSING UNITS
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Millionday Roundtable 7/6/15  Part 1 of 2

Welcome to dinarupdates.com for Roundtable with Millionday!!

Millionday: Hussein al-Tamimi Tgb stressed expert in the agricultural sector d. Abdul-Hussein al-Hakim, the importance of economic diversification, which represents the natural way to sustainable development, noting that the agricultural sector one of the most important sectors with a strong foundation helps to economic stability in the event of fluctuations in the global economy, such as lower oil prices in the global markets.

Millionday: NOTE -- IT WAS MADE CLEAR A LONG TIME AGO THAT THE GDP IN IRAQ NEEDED DIVERSITY -- THEY HAVE DONE WELL
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China Intensifies Steps to End $3.2 Trillion Stock Rout

China suspended initial public offerings, while brokerages pledged to buy shares and state media urged investors not to panic as officials intensified efforts to stop the steepest plunge in equities since 1992.

Twenty-eight companies halted their IPOs, according to filings to the nation's two exchanges Saturday. A group of 21 brokerages led by Citic Securities Co. will invest at least 120 billion yuan ($19.3 billion) in a stock-market fund, the Securities Association of China said the same day. 

Executives from 25 mutual funds vowed to buy shares and hold them for at least a year, according to an industry group association.
~~~

Post From KTFA By FrostyTheSnowman » July 5th, 2015, 10:33 pm  *  

"29 ... 46 ... HIKE!!! ... pass the ball to BackDoc ... and TOUCHDOWN!!! 

You called it BackDoc! The media is finally starting to talk about the pesky little issue of FUNDING the US Gov't. before a shut-down. (wink, wink)

After July Fourth fireworks and parades, members of Congress return to work Tuesday facing a daunting summer workload and a pending deadline to fund the government or risk a shutdown in the fall.

The funding fight is shaping up as a major partisan brawl against the backdrop of an intensifying campaign season. Republicans are eager to avoid another Capitol Hill mess as they struggle to hang onto control of Congress and try to take back the White House next year.
~~~

China Brokerages To Buy $19.3 Bn In Shares To Stabilize Market 

JULY 4 2015

 21 major securities brokers in China convened on Saturday in Beijing, vowing to "firmly" stabilize the country's stock market, which has been shaken by continued plunges.

"Twenty-one securities brokerages will jointly invest 15 percent of net assets as of the end of June, or no less than 120 billion yuan ($19.3 billion), in blue chip exchange traded funds," a statement on the website of the Securities Association of China said.

These firms will not sell the stocks they held as of July 3 and will buy more, at their own digression, when the benchmark Shanghai Composite Index is below 4,500 points.

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Morning News Comments 07/06/2015  Part 2 of 2

[tlm724] Article (50 ) and Article 55 of the law

Article -50 -

Central Bank is committed to identifying sales of foreign currency (dollar) in daily auction ceiling not to exceed $ 75 million a day with the exercise of justice in the sales process.

And calls for the participant bank in the auction provide goods enter documents and statements of tax settling accounts and savings Alkmarki within 30 days from the date of purchase of the amount and otherwise apply to the bank penalties stipulated in the Central Bank Act or regulations issued it and use other banking tools to maintain the strength of the dinar against the dollar.
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Morning News Comments 07/06/2015  Part 1 of 2

Federal eliminate the unconstitutionality of some articles of the 2015 budget

[tlm724] lets take a look at some of the important things contained in this article and reference both the 2015 Budget and the Iraq Constitution

[tlm724] one fact is obvious the Council prepared the budget and sent it to Parliament BUT parliament changed some of the items contained in the budget BUT never sent it back to the Council for review and approval ! That is against the law. "the resolution stressed that the preparation of the budget is the prerogative of the Council of Ministers and in accordance with the principle of the separation of powers provided for in Article 47 of the Constitution,"

The Federal Supreme Court ruled on Monday, the unconstitutionality of some federal budget for the current 2015 materials, while confirming that the legislation was contrary to the constitution of the fact that these materials were not present in the original sender of the project from the government to the parliament

the court found that these materials were not present in the original sender of the project from the government to the House of Representatives," saying that it "has decided to rule the unconstitutionality of these materials because the House of Representatives has Pthariaha without returning to the government to take approval or project returns them for the purpose of considering the proposals. "
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