US Officially Loses Battle Over China-Led Investment Bank

23
Mar
23 Mar 2015 In UNITED STATES, GLOBAL ECONOMIES, Banking Comments Off on US Officially Loses Battle Over China-Led Investment Bank

Add the IMF to the (now long) list of those who apparently share the UK’s view that joining the China-led Asian Infrastructure Investment Bank is an “unrivaled opportunity,” as Christine Largarde says her institution not only sees a “massive” opportunity for cooperation with the AIIB but is also “delighted” to explore the possibilities. Here’s more fromBBC: International Monetary Fund


New Currency Law Now in Effect—Could Be Devastating for Anyone Holding U.S. Dollars

23
Mar
23 Mar 2015 In UNITED STATES, GLOBAL ECONOMIES, Banking Comments Off on New Currency Law Now in Effect—Could Be Devastating for Anyone Holding U.S. Dollars

03.16.2015     BY MIKE PALMER, STANSBERRY RESEARCH Hidden within H.R. Bill #2847, is a little-known provision known as “FATCA.” The first part of this law went into effect last year. The rest of it will roll out, piece by piece, through the end of 2018. Few Americans have a any clue about what this is—but FATCA actually


De-Dollarization Accelerates: Russia Launches SWIFT-Alternative Linking 91 Entities

21
Mar
21 Mar 2015 In UNITED STATES, GLOBAL ECONOMIES, Banking Comments Off on De-Dollarization Accelerates: Russia Launches SWIFT-Alternative Linking 91 Entities

Submitted by Tyler Durden on 02/19/2015 21:55 -0400 Back in 2013, The NSA was first exposed for secretly ‘monitoring’ the SWIFT payments flows. This appears to have been among the last straws for Russia (and others) as far as both NSA spying and dollar domination. Last year, following threats to remove Russia from SWIFT by


U.S. Treasury secretary says ‘dangerous’ not to pass IMF reforms

20
Mar
20 Mar 2015 In UNITED STATES, IRAQ, GLOBAL ECONOMIES, Banking Comments Off on U.S. Treasury secretary says ‘dangerous’ not to pass IMF reforms

(This story corrects CBO estimate of IMF reform costs in paragraph 7 to $300 million from $3.1 billion) By Anna Yukhananov WASHINGTON (Reuters) – U.S. Treasury Secretary Jack Lew on Wednesday said failure by Congress to authorize reforms at the International Monetary Fund it was “dangerous” and would limit U.S. leverage on issues such as


Urgent: Switzerland says to participate in Asian Infrastructure Investment Bank

20
Mar
20 Mar 2015 In GLOBAL ECONOMIES, Banking Comments Off on Urgent: Switzerland says to participate in Asian Infrastructure Investment Bank

Urgent: Switzerland says to participate in Asian Infrastructure Investment Bank 20-03-2015     GENEVA, March 20 (Xinhua) — The Federal Council of Switzerland on Friday announced its decision to participate in the foundation process of the China-sponsored Asian Infrastructure Investment Bank (AIIB). Enditem


Does Bank of America exchange Iraqi dinar?

19
Mar
19 Mar 2015 In IRAQ, Banking Comments Off on Does Bank of America exchange Iraqi dinar?

Does Bank of America exchange Iraqi dinar? Bank of America, N.A. does not buy or sell Iraqi dinar (IQD) banknotes, and currently has no plans to offer this service in the future. You may have read on the internet or heard from friends that Bank of America, N.A. buys and sells Iraqi dinar banknotes, or


IMF Staff Concludes the 2015 Article IV Mission for Iraq

19
Mar
19 Mar 2015 In IRAQ, GLOBAL ECONOMIES, Banking Comments Off on IMF Staff Concludes the 2015 Article IV Mission for Iraq

 Backdoc   WE SEE AN ARTICLE STATING WE ARE IN BETWEEN THE DELETING OF THE ZEROS AND THE RELEASE OF THE NEW EDITIONS OF CURRENCY!   NEXT, WE SEE THAT SWIFT CODES HAVE BEEN ACTIVATED BY EVIDENCE OF THE ISX TAKING DOWN ITS’ MESSAGE THAT A DATA FEED HAS BEEN INTERRUPTED! A LIVE CONNECTION TO THE


Dollar Flash Crashes: Currency Market Pulverized As Dollar Implodes

19
Mar
19 Mar 2015 In UNITED STATES, GLOBAL ECONOMIES, Banking Comments Off on Dollar Flash Crashes: Currency Market Pulverized As Dollar Implodes

Submitted by Tyler Durden on 03/18/2015 16:11 -0400 inShare3 Complete Currency Carnage… At 1604ET – the FX world went crazy… Here is the close-up… As The Dollar flash-crashed… It wasn’t just the FOMC move – this something more right after the bell led by JPY and EUR… 2 big figure collapse in JPY!!! 400 pips


Major US banks conducting restructuring

19
Mar
19 Mar 2015 In UNITED STATES, Banking Comments Off on Major US banks conducting restructuring

3/17/2015 Major US banks conducting restructuring New York – A. P. B  In the face of the process of growing the organization as of 2017, the major US banking operations restructuring include decisions to reduce the number of employees and reduce the size of bonuses and abandon speculative activities. The aim of the restructuring carried


Check the swift feature on Iraq’s Rasheed Bank

19
Mar
19 Mar 2015 In IRAQ, Banking Comments Off on Check the swift feature on Iraq’s Rasheed Bank

Check the swift feature on Iraq’s Rasheed Bank….whohoooo!!!  (Once you connect switch to the English version of the website) http://www.rasheedbank.gov.iq/