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10am March 26th, 2015     

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Our Blog Posts

Gov't Moves To Improve Business Environment

Government has stepped up efforts to improve the doing business environment in the country through initiatives aimed at encouraging investment and making local producers competitive in light of the strong US dollar which has affected local manufacturers. 

Among the initiatives is the rebranding of the National Incomes and Price Commission into the National Competitiveness Commission.

 Government has also identified cost drivers and given a directive for companies to reduce costs of goods and services especially energy and power, telecommunications and transport.
~~~


Millionday news 3/25  Part 2

Millionday: SO AS WE SEE -- THEY ARE MAKING PROGRESS AND PLAN TO HAVE MORE SUCCESS TO HAVE TO ANNOUNCE WITHIN THE NEXT HOURS

Papatom: victory has COME... that's present tense.....it's happened.....and that goes along with the crisis being over in 2 days..... right????

Papatom: yesterday it was 2 days.... so today is one.... and victory has come.....

Millionday: THIS IS MILITARY CRISIS AND SEEMS TO BE A MAJOR ANNOUNCEMENT BEING TELEVISED --- THEY HAVE HUGE GAINS ACCORDING TO IN COUNTRY NEWS -- SO GREAT SUCCESS FOR IRAQ

Papatom: and we have seen report after report... that Isl and daash have caused the financial crisis.... or more of a crisis.....

Millionday: I WOULD SAY THEY ARE ANNOUNCING PAST TENSE FOR SECURITY TOO FOR THE TROOPS - 
~~~


Millionday news 3/25  Part 1

Millionday: FIRST LET ME SAY THAT WE HAVE SEEN THE ANNOUNCEMENT THAT THEY HAVE CREATED A NEW CODING SYSTEM AND WILL BE HAVING A CONFERENCE TO TEACH HOW TO USE IT IN THE ARAB REGION

Millionday: THIS IS THE PAYMENT SYSTEM AND DATA THAT IS USED INTERNATIONALLY

Millionday: Complexity of the Arab Commission for propulsion systems and settlement, its annual meeting atheist ten Tuesday and lasts two days in the Omani capital Muscat to discuss the latest developments concerning the work of the International Committee 

on the level of implementation of the new international principles for infrastructure capital markets issued by the Bank for International Settlements and the International Organization for bodies Approved Securities by the Group of Twenty.
~~~


Gov't Aims To Reduce Public Debt

VietNamNet Bridge - Finance Minister Dinh Tien Dung told Ha Noi Moi (New Ha Noi) that achieving equitisation targets for State-owned enterprises and alleviating debt would be high priorities this year.

Public debt is one of the issues that attracted the special attention of the public in 2014. What will the financial sector do to control the debt, thereby ensuring national financial security in 2015?

Public debt is not only an issue of the National Assembly and the Government; the people are also very interested. Success has been achieved in the management of public debt, such as ensuring essential capital for development investment, job creation and poverty reduction. 
~~~


THOUGHTS ON "CHINA OFFICIALLY REQUESTS YUAN IN SDR"

Cramley  MARCH 24, 2015 AT 11:13 AM  China intends to give up the right of veto in the Asian investment bank aims to attract European countries

http://news.dayoo.com/china/57400/201503/24/57400_111505627.htm

daneackerman   MARCH 24, 2015 AT 12:02 PM Looks like your right on the money JC. Once again great job! Here's a statement from Christine from the IMF site.

http://www.imf.org/external/np/sec/pr/2015/pr15131.htm

From the same article,

"China's ongoing reform efforts, strengthening the partnership between the IMF and China, and China's upcoming presidency of the G20 in 2016."

Michael Glenn  MARCH 24, 2015 AT 2:13 PM Where's the beef ? It still looks like a debt instrument and distributed risk to me. Where's the bullion based stabilizer ?
~~~


Large-scale Gold Deliveries Fall

GOLD deliveries by large-scale producers declined by 7 percent in February to 751,4 kilogrammes from 808,6 kilogrammes in January, statistics from Minerals Marketing Corporation of Zimbabwe show.

 However, small-scale miners registered contrasting, but better fortunes as deliveries to Fidelity Printers and Refiners rose 37,8 percent to 417,86 kilogrammes over the period under review.
~~~


The below posts were in our 10pm newsletter

Vietnam CBank:  Control - Stablize & Boost Economy

Vietnam Cbank Stocking Foreign Currencies After Intervening In Forex Market

The State Bank of Vietnam (SBV) is buying foreign currencies from the local market to increase the national foreign exchange reserves, a move it stopped for five months already, Nguyen Van Binh, Governor of the central bank, said at a conference in Hanoi on Saturday.

The exchange rate between the Vietnamese dong and the U.S. dollar has been stabilized after the SBV devalued the dong by one percent earlier this month to stop market expectation of further depreciation of the local currency against the greenback, Binh said.

The rate adjustment, taking effect on January 7, has limited the speculation of the greenback and bolstered the SBV's foreign exchange policy, Binh said at the conference.
~~~


Strengthening Dollar & Depreciating Dong

 

 

Strengthening US Dollar Stirs Concerns Over Further Depreciation Of Vietnam Currency  3-22-15

TUOI TRE NEWS    UPDATED : 03/18/2015

The recent sharp increase in foreign exchange rates following the appreciation of the greenback on the world market has sparked public concerns over further depreciation of the Vietnamese dong, which was devalued by one percent to VND21,458 to the dollar on January 7.

The official exchange rates between the Vietnamese dong and the dollar quoted at many state-run and joint-stock commercial banks on Monday surged around 0.5-0.6 percent in comparison with those of late last week.
~~~


Millionday Wednesday Roundtable Part 2

 

 

Millionday Roundtable 3/25/15   Part 2

Welcome to dinarupdates.com for Roundtable with Millionday!

RML: Guessing: would their bonds be rated like junk bonds until their currency is convertible?

Millionday: I THINK THAT IS EXACTLY WHAT THEY ARE TRYING TO AVOID

.VIP.clay Millionday: didnt the kurds just get paid

Millionday: BACK PAY I BELIEVE CLAY BUT THE MONEY ARRIVED SO LOOKING FOR IT DONE

Lulupulu: ...What about the amnesty ?... Is it signed , sealed and delivered ?.. Like done ?...
~~~


Millionday Roundtable 3/25/15   Part 1

Welcome to dinarupdates.com for Roundtable with Millionday!

Millionday: Agencies linking open rival market supply and demand directly connects Beneficiaries together without difficulties. 

However inter developments witnessed by the world in recent times, and the spread of Internet use is widely exceeded expectations, the World Wide Web and the entry of most areas of life electronic devices fixed and mobile, was the emergence of many websites are a must,

 in line with the requirements of life of the marketing and supply and demand and Social connectedness and so on from the concerns of the various individuals.

Millionday: NOTE -- THE SUPPLY AND DEMAND MARKET INCLUDES INTERNET NOW SO THEY ARE TALKING ABOUT THE USE AND NEED ETC
~~~


China Says To Boost Ties With Iraq

During Baghdad visit, Chinese Councilor says China willing to cooperate with Iraq in all areas.

 Chinese State Councilor Yang Jiechi said Sunday that China wants to boost relations with Iraq in all areas and to actively take part in the country's reconstruction efforts.  

 Yang's remarks came during a visit to Baghdad during a meeting with Iraqi President Fuad Masum, according to a written statement from the Iraqi presidency. 

 Meanwhile, the Iraqi president hailed "victories" against Daesh by Iraqi forces, assisted by peshmerga fighters and tribal militias.
~~~


The below posts were in our 10pm newsletter

 

Dinar Updates:

Poppy3  there are laws that need passing but according to CBI the one's pending to be put is action as law don't effect the CBI giving the green light to turn the new RATE LOOSE. 

ABADI'S GOI NEEDS CASH FLOW DESPERATELY, HE HAS MADE THAT VERY CLEAR AND THE NEW RATE IS THE ONLY WAY LEFT TO PROVIDE THOSE FUNDS.

WE ARE LOOKING VERY GOOD AT THIS POINT
....


 

Opinion: China Has Been Strengthening Currency To Get Into Exclusive Group

By  DAVID  MARSH     EUROPEAN MARKETS COLUMNIST

IMF Near Approval To Bring Renminbi Into IMF's Special Drawing Rights

SINGAPORE (MarketWatch) - A grand bargain between China, the U.S. and the International Monetary Fund seems to be shaping up under which Beijing may be about to enter the heart of global finance in exchange for turning the renminbi into a strong currency.

The People's Bank of China has been drawing on its $3.8 trillion of currency reserves in intervention to keep the renminbi reasonably stable against the strong dollar DXY, -0.75%  , propelling the Chinese currency USDCNY, -0.02%   to a real (inflation-adjusted) trade-weighted appreciation of 11% during the past 12 months. This exceeds the 9% real appreciation of the dollar.
~~~


 

KTFA:

Tommy17 :  With investment laws and banking, and the tariffs that are in this budget . Implementing this budget with the needed security is what we need to see as investors.. Even if bonds where dollars that would not fix there long term problem liquidity problem that exist ..imo. I didn't even stay in a hoilday inn to figure this out i just listen to frank alot

Frank26:  Was not going to chime in on this BOND subject because wanted to see many ideas posted today.

But Your smilies attracted my attention........... But wish to offer something to help some:

IMO.   Many are saying why is this being done for the IQD?
....


 

International Prayer Call Wednesday Night 7pm est

530 881 1400    406878#
530 881 1499    406878#   recorded version

Easter coming Passover here, times of great joy for Jesus. Praising him at all times is when we receive daily blessings. In my studies over the past 14yrs in ministry, I have found things that activate receiving blessings direct from the Lord.

I found out I was told this over 20yrs ago but didn't get it as many don't, but you can tonight.  We all wait for a big blessing, what about the daily blessings we could have but are missing. Join us tonight to discover how to receive while we wait. Shalom Shalom

God Bless
Pastors Ed & Kat
heavenlyhealingministries.org
[email protected]

Thanks Dinar Recaps for helping so many hang on.

 

aggiedad77 » March 25th, 2015, 10:49 am 

Wednesday News Summaries and Commentaries

I feel compelled to share this information with everyone this morning, not aimed at anyone in particular but of interest to all.....we have several really great news folks here are KTFA....WalkingStick, JJonesMX, and Gearhead have been our primary news sources for a number of years....also over the years others have stepped up and helped to lesser degrees.

Just a word of caution to all who want to try this....know your news sources, not all are equal....some sources have little to no integrity, they change stories around to best fit their needs, thus warping facts or distorting them in ways that are highly questionable....

Another source that is skeptical are blog sites....anyone can create a blog site and start to write what they claim is "news"....but again the source behind the story is very skeptical and most generally only someone's unsubstantiated opinion and as such we try to keep those sites off the forum as well.

Your opinion of a site may not be the same as the Admin Staff, but we are striving for consistency in what we do, so please bear with us in our efforts towards that end.
....


 

 

Stage3Alpha:

Jon B March 25, 2015 at 9:05am  Millionday: "...the decline in oil prices to unprecedented levels form a major challenge for the government and ministries of the state in the implementation of its development, noting the current financial crisis will be gone within the next few days..."

THE ECONOMIC CRISIS -- WILL BE GONE IN THE NEXT FEW DAYS! 

 
NOW THAT WE LIKE. THEY PLAN TO RESCUE THE NATIONAL ECONOMY AND NO OIL PRICE OR TERRORISM WILL STAND IN THE WAY OF THE PROGRAM FOR THE ECONOMIC RESCUE -- WHOOOPOW. 


[COULD THAT MEAN AN RV?] 

THAT COULD INCLUDE THE ECONOMIC REALITY FOR THE MARKET ECONOMY THEY HAVE AS A GOAL.
....



 

Morning News Comments 03/25/2015

Cabinet agrees to accept instruments of private banks to pay taxes and fees

[tlm724] Economic Committee of the Council of Ministers approved the proposal of the Central Bank of Iraq to accept issued by private banks to pay taxes and fees instruments

[tlm724] sweet and without specific have a time limit. oh thats good !

[cstacy] hmmm
~~~



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