Your Wealth Generating Machine (Invest)
How we humans view money is complex.
We’ve existed far longer than the concept of cash. It’s so new that only a few thousand years ago barter was a more popular form of acquiring what we needed and wanted.
So what is money?
Notes From The Field By Simon Black
Dec 28 2018
[Editor’s Note: One of the most important topics we cover in Notes from the Field is the current state of pension funds around the world, a.k.a. the global pension crisis.
Read the following articles carefully, and implement some of our recommended strategies in 2019.
Today’s article was originally published on March 21, 2018.]
Congress quietly formed a committee to bail out 200 pension funds
The US pension system has gotten so bad, Congress is actually planning for its failure.
Samson: Vietnam : State Treasury raises $7.09 billion via G-bonds
27th December, 2018
The State Treasury of Việt Nam mobilised nearly VNĐ165.8trillion (US$7.09 billion) through Government bond auctions on the Hà Nội Stock Exchange (HNX) in 2018.
In the last session of Government bond auctions this year on December 26 at the HNX, the State Treasury mobilised VNĐ4.31 trillion of G-bonds. Some VNĐ10 trillion worth of G-bonds were offered, including 10-year bonds and 15-year bonds valued at VNĐ5 trillion each.
Accordingly, the State Treasury raised VNĐ4 trillion worth of 10-year bonds with an average yield rate of 5.1 per cent per year, the same rate offered in the previous auction on December 19.
Bonds with a 15-year term raised VNĐ10 billion at an annual interest of 5.3 per cent, the same rate offered in the previous auction. A total of VNĐ3 trillion was raised in the sub-session sales for the 10-year and 15-year bonds.
LINK - https://vietnamnews .vn/economy/482870/state-treasury-raises-709-billion-via-g-bonds.html#D631jr6XKVY3mXWd.97
Samson: Sinjar administration calls for joining the Kurdish region administratively
28th December, 2018
The local administration of the disputed Sinjar area called the United Nations and the international community to end the presence of “illegitimate” armed groups there and for the join the Kurdish region administratively.
The administration, in a press conference, called for the implementation of Article 140 of the Iraqi constitution in order to return to the Kurdish region.
LINK - http://www.iraqtradelinknews .com/2018/12/sinjar-administration-calls-for-joining.html