China Headlines: AIIB, a paradigm power shift

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31 Mar 2015 In UNITED STATES, GLOBAL ECONOMIES, Banking Comments Off on China Headlines: AIIB, a paradigm power shift

2015-03-31 二维码 字体变大 China-AIIB BEIJING, March 31 (Xinhua) — There are but a few hours left for those countries who aspire to be founding members of the Asian Infrastructure Investment Bank (AIIB). Time is up at midnight. As of 6 p.m. Tuesday, 46 countries had applied to be founders of the bank, but the United States and Japan have


IMF’s Middle East Center for Economics and Finance and the Middle East Regional Technical Assistance Center conclude Workshop on Fiscal Reporting and Transparency

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23 Mar 2015 In UNITED STATES, GLOBAL ECONOMIES, Banking Comments Off on IMF’s Middle East Center for Economics and Finance and the Middle East Regional Technical Assistance Center conclude Workshop on Fiscal Reporting and Transparency

Press Release No. 15/96 March 6, 2015 The International Monetary Fund’s Middle East Center for Economics and Finance (CEF) and the Middle East Regional Technical Assistance Center (METAC) organized a regional workshop on “Fiscal Reporting and Transparency,” in Kuwait City, Kuwait from March 2-5, 2015. The workshop focused on the techniques and processes required for


Breaking News Chinese VP arrives in Baghdad

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23 Mar 2015 In UNITED STATES, GLOBAL ECONOMIES, Banking Comments Off on Breaking News Chinese VP arrives in Baghdad

Published: 2015/3/22 12:50 • 161 Reads Baghdad (Forat) –The Vice-President of the Public Republic of China, Li Yuanchao, has arrived in Baghdad. /End/ Updated: 2015/3/22 12:51


US Officially Loses Battle Over China-Led Investment Bank

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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

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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

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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

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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


Dollar Flash Crashes: Currency Market Pulverized As Dollar Implodes

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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

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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


US Treasury Secretary Lew: Our global financial influence is being challenged

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18 Mar 2015 In UNITED STATES, Banking Comments Off on US Treasury Secretary Lew: Our global financial influence is being challenged

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