Don961: Saturday, October 07, 2017
IMF Chief: World Must Seize Opportunity of Global Recovery
International Monetary Fund chief Christine Lagarde said Thursday a worldwide economic recovery is taking hold, opening a window for countries to enact reforms aimed at attaining broader, lasting prosperity.
“The long-awaited global recovery is taking root,” she said in an address Thursday evening at Harvard’s Kennedy School of Government in Washington, AFP reported.
Countries around the globe are seeing renewed or sustained economic expansion, coinciding with greater stability in banks and market confidence, she said, according to prepared remarks.
“Can the world seize the opportunity of the upswing to secure the recovery and create a more inclusive economy that works for all?” she asked.
Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Late Friday Night 10-06-17
Spectra: BGG -BLAST FROM THE PAST-------It is noteworthy that some economists believe that Iraq is not ready at present to delete the zeros from the dinar, noting that the deletion needs to be a security and political stability as well as economic stability.
BGG ~ ….”the deletion needs to be a (in) security and political stability as well as economic stability”…. This last bit seem to be a more recent argument. It would appear the “experts” in this camp have been winning the argument.
However, it is plain to see the UN, IMF and WB are helping very much in all these areas, helping to bridge the gap and move Iraq into an era of security, political stability and economic well-being. Alghadpress.com
Post From Dinar Updates
BGG News Highlights & Comments 10-06-17
CENTRAL BANK: DELETE ZEROS IN EARLY 2017
November 7, 2016
BAGHDAD / IBN – The governor of the Iraqi Central Bank on the Keywords that project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project.
BGG ~ This says they have already began to develop the first steps – indicating they are into the process (in late 2016). This would imply they are further along today… and likely many of the AML, electronic banking and international banking interactions are leading up to the implementation of this project.
GFulcher66: imo 10-1-17 start of new fiscal yr for USA, the banks fudge factors in accounting is stopping and the rubber is hitting the road as keeping 2 sets of books is hard.
Nations are falling apart as we wait, we are starting to see nations give Debt forgiveness and acknowledge debts (more to that than just storms)
Bond futures are not available currently (whats that tell us?), the BIS just announced 14 trillion of debt owed to them (point being things "they" wouldnt admit to or acknowledge are being made public for accounting)
EU banks unlocking bail out funds, mutual funds changing/now allowed to be asset for banks, throwing all these packages together for banks, the gov. with Trumps approval just approved law saying banks are no longer fiduciary responsible institution's there only consultants now,