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
(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
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
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
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
PM to conduct economic reforms supporting private sector
Baghdad (Forat)-A source from the Prime Minister Office revealed that the PM Haider al-Abadi is preparing for economic reformation and simultaneously supervising the Command of Security Operations directly to liberate all the towns of Iraq which are invaded by the terrorists of the ISIL. The source added that “There are many challenges that face the
Zim meets IMF targets
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
HKEx suspends gold futures contract as London gold ‘fix’ gets makeover
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
Alibaba in hot water and Netanyahu before Congress — 5 things to know today
by Laura Lorenzetti @lauralorenzetti MARCH 3, 2015, 8:30 AM EDT U.S. stock futures are slightly down this morning after a stellar showing Monday. Both the S&P 500 index and Dow Jones industrial average set records, while the tech-heavy Nasdaq closed above 5,000 for only the third time since the dot-com bubble of 2000.
United Kingdom to join China in the anti-dollar alliance
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