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Where are they going?" Tom Keene asked Geoffrey Yu of UBS Wealth Management on Bloomberg Surveillance late last week, referring to the Chinese central bank. "I can't get a handle on that."
This year, Beijing has adopted every currency policy in the book, pushing the renminbi stronger, driving it lower, and trying to hold the line.
As Keene's comment suggests, there has been some confusion in the market as to what Beijing ultimately wants for its beleaguered currency.
Yet there is a consensus slowly emerging that the People's Bank of China, the central bank, is willing to let the yuan weaken, so it will probably fall during the remainder of this year. Beijing thinks it can control the descent, but that appears optimistic.
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Chihod: the criminalization of the Baath Party will be a severe blow to Daash and those who stand behind them
30/07/2016 10:58 |Direction Press / Baghdad A member of the reform front in Parliament MP Mohammed Saadoun Chihod said a vote on the criminalization of the outlawed Baath Party, the law of historical and national responsibility and a serious blow to Daash terror and those who stand behind them.
He Chihod in a press release received "direction Press" a copy of it on that: the Baath Party (PKK) and Daash terror are two sides of the same coin and two caused the destruction of Iraq and the killing of people in the same practices and the same methods ranging from the killing of scientists, intellectuals, academics and young people, women and children in mass graves and Halabja and Anfal
and the end of the massacres committed against innocent people in Spyker and Badush, Saqlawiya and Karada and Kadhimiya, noting that "the leading terrorist Daash of today are the leaders of the outlawed Baath party of
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WSOMN:
Rocker66: Hey all, thanks for the support last night with the call. Wanted to report that today has progressed even better than yesterday to enter into finality
Silverfox: Rocker; question is the USN paper bills or just digital?
Rocker66: Silver, I am not sure of the form they will undertake when this goes but they are real
AdminBill: I DO NOT SEE THIS GOING PAST WEDNESDAY.
Mangelo: I am hoping for tomorrow !!!!......
I don't think the world market can take it much longer...(the bond market & banks) and the fact that Iraq is issuing MC for their Olympic team to use at an international rate!
DPChamp: Blackeyedpea just announced that he got a text saying they are expecting the 800 #'s shortly..... BEP said that on the prayer call
....
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subgirl says():from maddscout :) The text of the law banning the Baath Party
2016-07-30 22:40:03 | (Voice of Iraq) - Baghdad Text ban the Baath and entities, parties and activities of racist and terrorist and takfiri, voted by the House of Representatives during its Saturday Party Act.
According to the text of the law:
Based on the provisions of item {first} article {7} and {item} first article {61} and {item} Third article {73} of the Constitution, Law issued the following:
{Number} for the year 2011
Banning the Baath, entities and racist parties and Takfiri and terrorist activities Party Law
Article 1 The provisions of this Act shall apply to {} the dissolved Baath Party and every entity or party, activity or program that adopts racism, terrorism or ethnic cleansing or atonement , or incites or glorifies, promotes him.
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ol lar says to rcookie():what do you make of this : The Central Bank sets the launch date of electronic currency
http://www.dinarupdates.com/showthread.php?37956-The-Central-Bank-sets-the-launch-date-of-electronic-currency-7-30
subgirl says to JETSET(): from rcookie in the forum.... Rafidain Bank: reinstatement of remittances all forms sold
July 30, 2016 1. 0 Our economy/Baghdad Rafidain Bank decided to reinstate the money orders sold between branches and other banks, said a statement from the Director General called "the mighty endowed Bank decided to reinstate all forms sold transfers between branches and other banks offset by cash deposit or balance Verifier in the account the amount of remittance.
~~~
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TNT:
Yada: We, as Tony and DC stated months ago,, are the last to receive the funds,,, filling in all area starting with governments, bonds, banks, wealthy people above us,, then us,,
Gator: Yada, how long do you think that will take?
Yada: gator,, that is why there was such great expectation for last week and the week before,, this can literally happen any moment,,, if we were never apart of the process prior to being involved with the dinar,,, we were clueless all these decades of how money moves,, we are still on the edge, which is much better than those who didin't invest,,,, we're like the extra layer to the process,, looking for it now,,
Gator: Thank you yada. Makes sense. In a way, hard to believe after waiting so long.....
Yada: Sure you may have watched the Matrix,,,this dinar is our pulling away from the system we know nothing about to becoming independent
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The below posts were in our 6pm newsletter
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NWBeauty says():Just an observation from Twitter this morning...
NWBeauty says():I got on the Haider Al Abadi website with Parliament meetings/speeches/etc
NWBeauty says():and it has not been updated since APRIL
NWBeauty says():they've accomplished a WHOLE LOT since then
JETSET says to diagyAAAE():yes, ideed, NWBEAUTY! let's go rv!
NWBeauty says():I was excited to read the site and see them brag about their progress but no such luck ;(
angus says():BGG on the question about what will the dinar come in at and I took from your answer that you thought that it would come in lower that a dollar and work up to it.... if so could they not be bought up so to speak knowing of all the growth that Iraq is having and going to have?
~~~
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KTFA:
BACKDOC: HELLO W.S.! IT'S GREAT TO HAVE YOUR SKILLS BACK IN PLAY! WE MISSED YOU! (See articles below)
FAMILY, AFTER READING THIS GREAT FIND, MY MIND GOES TO MANY OTHER ARTICLES WE HAVE READ. SINCE WE KNOW THAT THE NEW FISCAL YEAR BEGINS IN OCTOBER FOR IRAQ AND THE U.S. THIS ARTICLE CONFIRMS A LOT TO US!
FIRST IT CONFIRMS THAT UNTIL OCTOBER, COUNTRY TO COUNTRY TRANSACTIONS WILL CONTINUE TO BE FACILITATED!
THIS CONFIRMS THE MULTITUDE OF ARTICLES THAT THUNDER HAS BROUGHT YOU WITH IRAN DOING BUSINESS TRANSACTIONS WHERE FUNDS HAVE BEEN MOVED.
SECOND, WE REMEMBER THAT IRAN SAID THAT, "THEIR FOREX VALUE WOULD MEET ITS REALITY VALUE IN OCTOBER".
THIS WOULD SEEM TO IMPLY TO ME THAT THERE WILL BE A GRADUAL INCREASE IN THEIR VALUE UNTIL IT MEETS THEIR TARGET VALUE IN OCTOBER.
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WSOMN:
ADMINBILL : WSOMN RV BOLO - THE CHAT ROOM WILL BE OPEN TODAY DUE TO THE ACTIVITY AND INFORMATION REPORTS FLOWING IN AT THIS HOUR.
WE ALL KNOW THE SITUATION MAY CHANGE ON A DIME SO BE PREPARED FOR WHATEVER HAPPENS THIS WEEKEND INTO NEXT WEEK.
THE NEWS TODAY IS INCREASINGLY GOOD EVEN AT THIS EARLY HOUR. I LOOK AT THIS WEEKEND AS PRIME TIME. AS SUCH I HAVE ISSUED AN OFFICIAL WSOMN RV BOLO.
BOLO= BE ON THE LOOKOUT
I WILL BE HERE MINDING THE STORE
GEG-Dinar : Good morning everybody. Hope we have an exciting weekend ahead.
ADMINBILL : NO PROMISE OF AN RV TODAY BUT WE COULD BE IN THE MOMENT.
KitKatAttack: Any news?
ADMINBILL: KITKATATTACK - THE NEWS IS GOOD AND CONTINUES TO BE GOOD. THAT IS THE REASON THE ROOM IS OPEN TODAY. WE ARE INCHING THAT MUCH CLOSER.
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