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10am August 2nd, 2016

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Table of Contents

RCookie & Mr White News Time 8-1-16  




Newstime with rcookie/mr.white/hutch 8/01/2016
 
Hutch says():TONIGHT WE WILL BRING IN THE RECAP OF TODAYS NEWS, IF YOU HAVE QUESTIONS, GET THEM READY.
 
WE WILL DISCUSS ON OUR CALL AT 7:00 PM CST. BE SURE TO TUNE IN AS WE WILL ALSO BE DISCUSSING THE E DINAR ISSUE.
here is the number for the call: 641-715-3640 pin #528733
 
Hutch says():SO...... HERE WE GO
 
Hutch says(6):PARLIAMENT
 
Hutch says():SECURITY AND INTELLIGENCE COMMITTEE QUESTIONS 
 


Dinar Updates Monday PM Chat 8-1-16 


 
subgirl says to Babe():GM Babe!! :) (F)
Babe says():last week before I am back at school...really was hoping this was my retirement year....
 
subgirl says to Babe():one never knows!!! :)
subgirl says to Babe():I am praying hard!!!
 
Babe says():love your positivity darlin' Subby
Babe says():me too!!!
 
DIGIman1 says to subgirl():the SHADOW knows.....lol
subgirl says to DIGIman1()():lol
 
subgirl says to Babe():I want all of us to stay positive!!! :) This IS going to happen!! Iraq is moving forward and the news is awesome and we just watch and wait... :)
 


 
KTFA:

BACKDOC:  THIS IS CONSISTENT WITH EARLIER ARTICLES STATING THAT THAT IRAN WOULD GRADUALLY MEET ITS REALITY VALUE BY OCTOBER!   THIS WOULD GIVE THEM A MONTH TO DO SO.  HEE HEE

DON'T FORGET THAT IRAN WILL BE SETTLING ITS OIL SALES IN YEN AND EURO'S AS WELL!  DOC   IMO

Samson:  Euro-based payment arrangement for S. Korea-Iran may launch next month
2016.08.01
 
South Korean companies will be able to settle accounts with their Iranian counterparts in the euro currency instead of the local won from as early as September, allowing more convenient monetary transaction with the Middle East country whose economy offers a wide range of business opportunities after international sanctions were lifted earlier this year.
 
The euro-based payment system is expected to pave the way for Korean businesses to speed up $45.6 billion worth bilateral projects that have been sealed in May during President Park Geun-hye's visit to Iran.
....

 
The below posts were in our 10pm newsletter

BLC Tlm724 & Shredd News & Comments 8-1-16 Part 2 of 2

 Part of the below articles & comments were posted as a stand- alone post on the blog earlier today They are included here as more was added later and was a part of the complete BLC news & comments post)

The central bank gives the government banks until September to adapt itself to the electronic systems

Author: ASJ  Editor: BK, BS 08/01/2016 12:48   Long-Presse / Baghdad
Iraqi Central Bank revealed on Monday, all give him the government banks until next September, to adapt itself to electronic systems and transactions, while among the beneficiaries and users proportion of those dealings in Iraq,  



BLC Tlm724 & Shredd News & Comments 8-1-16 Part 1 of 2



 
Work provides 120 billion check my credit and social protection
 
01/08/2016 10:02 |  Direction Press / Baghdad  It revealed that the Ministry of Labour and Social Affairs, on Monday, provided for the amount of 120 billion dinars during check my credit and social protection as a first stage.
 
Minister of Labour and Social Affairs Mohamed Xiaa Sudan said in a statement that "the direction Press" obtained a copy of it today that "the ministry has achieved great success in helping social protection file by subjecting beneficiaries to the process of extensive scrutiny to detect abusers and grant money to eligible real amount of the subsidy."
 
And between the Sudanese that "financial and administrative corruption file an obstacle in front of the Iraqi state after 2003 so we gave great importance to this file and we focused on my loans and the social protection network has undergone a massive scrutiny of international organizations testimony which I positively on the audit process, noting that the audit process provided funds big up to 120 billion dinars, as a first stage, it is hoped to announce soon the details of the second phase, which was distributed among citizens and a group of commentators and some weak people. "
~~~

 

Dinar Updates Monday AM Chat 8-1-16   Part 2 of 2

 rcookie says():CBI ISSUES STATEMENT GIVING BANKS UNTIL SEPTEMBER TO ADAPT & IMPLEMENT ELECTRONIC TRADING SYSTEMS TO ADDRESS CASH CIRCULATION PROBLEMS (LIQUIDITY) IN 2 AREAS THE 1ST BEING B ETWEEN BANKS & COMPANIES AS A CLEARING LIQUIDATION OPERATION OF DAILY ACTIVITY
 
& 2ND IS RETAIL INDIVIDUAL CITIZENS TO REPAY DEBT OBLIGATIONS (MOBILE PHONE, ELECTRICITY) WITH THE CBI PLAYING ACTIVE "PARTNER" ROLE WITHIN THIS ELECTRONIC SYSTEM

AFTER COMPLETION OF COMPREHENSIVE AUDIT OF IMPLEMENTATION SYSTEMS THAT WILL PROVIDE MORE EFFICIENT AND ACURATE TRANSACTIONS WITH MINIMIZED FRAUD VIOLATION & 

 

Dinar Updates Monday AM Chat 8-1-16   Part 1 of 2

 http://burathanews.com/arabic/economic/297534
 
ol lar says(6:48 AM):we will soon see   sorry I used the word --  'soon'
 
ol lar says():  LINK

The central bank plans to expand the application of electronic trading
The central bank gives the government banks until September to adapt itself to the electronic systems


 
The below posts were in our 6pm newsletter
WingIt:

Dr. Mark:  Someone is figuring this out: Investors flee U.S. stock funds despite new highs - USA TODAY  LINK

Dr. Mark:  US corporate defaults head for highest since 2010 - Moody's  LINK




Healthnut:  I don't know if the derivatives have to go before the RV, but I do know that they can't exist with an asset backed currency. One way or the other, I hope they get this show on the road.

BeagleEyes:  Healthut: I heard that the derivitives would react neg. during the night and then the stocks and bonds would take a few days to respond in the form of a "crash". If you look at the stocks in EU they are ALL down right now.

Healthnut:  Good to hear that BeagleEyes, let's get this ball rolling.

David120:  Here is the best Quote, that I know of when it comes to central banks, "if you want to know where you are going in the future, all you have to do is look further back into the past," Winston Churchhill
....

 
 
The central bank gives the government banks until September to adapt itself to the electronic systems

Author: ASJ  Editor: BK, BS 08/01/2016 12:48   Long-Presse / Baghdad

Iraqi Central Bank revealed on Monday, all give him the government banks until next September, to adapt itself to electronic systems and transactions, while among the beneficiaries and users proportion of those dealings in Iraq,

"not to exceed" ten percent, favored the possibility of the contribution of orientations to expand their use and take advantage of 77 percent of the money supply in the possession of citizens outside the banks, get rid of the cash circulation problems.

The governor of the central bank and the agency, on the Keywords, in an interview (range Press), "The payment system is an important pillar of the banking and financial sector," noting that it "consists of two phases first is related to the large total transactions between banks and companies within a system to settle and make clearing operations and liquidation of the great 


 
How To Make The Most Of Working With A Financial Advisor
 
August 1 2016  Tim Maurer ,   CONTRIBUTOR
Personal finance is more personal than it is finance
 
As someone who has long made a living as a financial advisor, I have an inherent bias toward retaining one. I even have one myself, because I believe personal finance is more personal than it is finance.
 
However, paradoxically, I fear that the vast majority of those who retain the services of a financial advisor experience little to no benefit from the relationship. They may even see deterioration in their financial security as a 
 


Offshore Yuan Falls Most in Two Weeks

 The offshore yuan dropped the most in two weeks, breaking a four-day run of gains, as a Federal Reserve official flagged the possibility of a U.S. rate increase this year.
 
The Chinese currency traded in Hong Kong weakened 0.2 percent to 6.6447 a dollar as of 5:46 p.m. local time, after jumping 0.46 percent Friday. The onshore yuan was little changed at 6.6399. The People's Bank of China earlier  


 
WingIt:

Beams: Mon Aug 1, 2016 | 2:05 AM EDT BRIEF-Euronext says trading has been halted in all derivatives products      http://mobile.reuters.com/article/idUSFWN1AF1ES

Beams:  more at this link >> https://www.euronext.com/en/market-status/view/13892

MDS1965:  FROM THE LINK: "All earlier issues impacting the Derivatives Products have been resolved. Euronext is aware of connectivity issues for particular members. This is currently under investigation. Euronext apologises for any inconvenience caused."

Taxmom:  DEUTSCHE BANK IS DOWN ANOTHER 30 CENTS TO $13.14. WHEN WILL THEY JUST GIVE UP AND CRY UNCLE!!

MDS1965:  THEY ARE UFC FIGHTERS...THEY WAIT UNTIL THE ARM IS ACTUALLY BROKEN...NOT VERY SMART UFC FIGHTERS EITHER I MIGHT ADD...THE SMART ONES TAP OUT BEFORE THE ARM/LEG IS ACTUALLY BROKEN...
....