Thomson Reuters U.S. Treasury Secretary Lew testifies on Obama’s Fiscal Year 2016 U.S. Government Budget proposal before a committee hearing in Washington The Obama administration warned on Tuesday that rising powers were challenging U.S. leadership in global financial institutions, and urged Congress to approve a deal it says would help preserve U.S. influence. “New players are challenging

March 11, 2015 in Business Zimbabwe has met all the quantitative targets under the supervised economic reform programme, the International Monetary Fund (IMF) has said, but warned that growth would weaken further this year. BY OUR STAFF Last year the IMF agreed to a successor Staff-Monitored Programme (SMP) — an informal agreement between country authorities

From a translated document on CBI’s site, dated 3/15/15 To / banks authorized to exercise all banking -financial companies approved the conversion of all ( sale and purchase of foreign currency Regulation (26/3/9) for the year 2015 ) The adoption of the model 03/15/2015 http://www.cbi.iq/documents/Announcemen15-3-2015.pdf

Market News Execute International Cross to Commercial Bank of Iraqi on Monday Mar 16, 2015 16/03/2015 10:01 Ahli United Brokerage Firms (buy) & (sell) executed International Cross to Commercial Bank of Iraqi  on Monday Mar 16, 2015, in  traded shares  (12434782600) billion share  in additional session time after 12 o’clock

The 100 year old London Fix on Gold & Silver are moving their offices to China.  China has proven to be #1 in economic activity in the world, so UN, BIS, IMF, World Bank are to be established in China by January-February, 2016. this is big picture thinking here. Lifting the gold fix means the

DOLLAR INDEX SPOT Exchange Rate BREAKS 100! ADD TO WATCHLIST DXY 100.2300 Price of DXY As of 14:19:40 ET on 03/13/2015   by Shobhana Chandra 12:00 AM EDT March 11, 2015 How a Strong Dollar Goes Further for Consumers Roubini: Massive Contagion If Greece Leaves the Euro (Bloomberg) — The strongest dollar in more than 11

In another awkward blow to the rapidly waning US-dollar hegemony, America and Britain just had their “It’s not you, it’s me” moment. Late yesterday, the government of the United Kingdom announced that they would be applying to join the Chinese-led Asian Infrastructure Investment Bank… as a founding member. This is huge. Right now, the United

March 12, 2015, 12:12 pm Including the yuan in the SDR basket would aid China’s attempts to diminish the dollar’s dominance in global trade and finance [Xinhua] China is pushing for the International Monetary Fund to endorse the Chinese yuan as a global reserve currency alongside the dollar and euro. A senior Chinese central bank

Churning Churning occurs when a broker engages in excessive buying and selling of securities in a customer’s account chiefly to generate commissions that benefit the broker.  For churning to occur, the broker must exercise control over the investment decisions in the customer’s account, such as through a formal written discretionary agreement.  Frequent in-and-out purchases and

Since the millionaire population plunged in 2008, the U.S. has gained or added back more than 3.5 million millionaires. Board of Governors of World Bank and IMF announce transition to asset-backed currencies | Presswire http://presswire.com/content/1324064/board-governors-world-bank-and-imf-announce-transition-asset-backed-currencies Treasury rate prices are on the rise. Oil prices are down. Currencies war is in full effect.