TBomb

THANKS MIT- HE ALSO SAYS THAT IRAQ SPOKE WITH THE IMF TO GAIN THEIR HELP REBUILDING INFRASTRUCTURE AND STIMULATING THE ECONOMY. VAGUE STATEMENT, BUT AT LEAST IT'S SOMETHING.

I'm good hon, how are you???

Yes, I can see he's on "HIGH" alert ...

here's the trick..if you download a browser program called HOLA you can change you IP address to show you're in Iraq then put in this link - SORRY THE ARABIC SIDE http://www.cbi.iq/documents/C.B.I.%20FOREIGN%20EXCHANGE.pdf http://www.cbi.iq/index.php?pid=CurrencyAuctions〈=ar

Thanks Yota... I ran a search for dj's info on the web and i found that this original post came from N*n*'s Pl*ce - the link over there is "dead" too. Thanks again Yota.

i'm not seeing these "apr" auction results either - I've used two browsers and one of which I never use (the cache and cookies are clean)..and.....I am only seeing February 19 2015 as the last results.. I await your expertise advice Markinsa...thank you.

Sen. Paul announces 2016 White House bid, touts 'message of liberty' http://www.foxnews.com/politics/2015/04/07/sen-rand-paul-set-to-join-2016-presidential-field/

Iran nuclear deal: A quick guide to what's missing The Iran nuclear framework is a big step for US-Iran negotiations but the agreed-upon deal is still just an outline for decisions which have yet to be made. By Peter Grier5 hours ago There are lots of specifics for US officials to like in the new Iranian nuclear framework. Iran’s negotiators agreed to give up about two-thirds of their working centrifuges, for example. That’s a big reduction in machinery which could (potentially) produce uranium enriched to weapons-grade levels. Furthermore, Iran agreed that all remaining working centrifuges would be first-generation IR-1s, which in technological terms are obsolete – the Ford Pintos of gaseous diffusion. But remember, this is a framework. It’s an outline, a first draft, a plan of action for decisions which have yet to be made. There are a number of very important aspects of Iran’s program which aren’t addressed, but would almost certainly have to be part of a signed-and-sealed deal. Here are a few:Iran’s promised to not enrich any uranium above a low 3.67 percent level for at least 15 years. It says it will shrink its current stockpile of enriched fissile material from about 10,000 kilograms to 300 kg. And so on. Recommended: How much do you know about nuclear weapons? Take our quiz. What happens to uranium? Yes, Iran says it will reduce its stockpile of low-enriched uranium. But the framework is silent on how that will happen. US negotiators have long pushed for Iran to export much of its fissile material to a third party, probably Russia. Earlier this week Iran’s deputy foreign minister said that won’t happen, though. Will the uranium be downblended, or mixed with non-enriched stuff to make it harmless? Will the US and other great powers accept that? Stay tuned. When will sanctions be lifted? In return for denaturing its nuclear activities, Iran would receive relief from international sanctions that have crippled its domestic economy. It’s not clear from the US-supplied agreement details exactly when that would happen, though. The wording is vague. It says only that sanctions will be taken off after the International Atomic Energy Association (IAEA) has verified that Iran has taken all required nuclear steps. Secretary of State John Kerry, in his press conference after the deal, insisted this relief would occur in phases. That implies it would occur gradually over a perhaps-lengthy period of time. That’s not the way Iranian officials are describing their prospective sanctions relief. In his public statements since the deal was announced, Iranian Foreign Minister Mohammad Javad Zarif has implied that the restrictions would be lifted earlier than Secretary Kerry’s announced timetable. Mr. Zarif has reacted angrily to the notion that this relief would be gradual, as well as to the US publication of purported agreement points. “There is no need to spin using ‘fact sheets’ so early on,” Zarif tweeted on Thursday. Recommended: Why Iran nuclear deal means so much to Obama (+video) Will Iran discuss its old nuclear activities? International verification of Iran’s compliance with any nuclear deal remains an area where it seems as if the parties haven’t reached complete specific agreement. There were some important Iranian concessions in this area, according to the US version of events. The State Department’s summary said that IAEA inspectors will have access to Iranian uranium mines, as well as to the “supply chain that supports Iran’s nuclear program.” That would greatly expand IAEA access – something the UN-sponsored agency has long pushed for. “That’s a huge contribution at least potentially to ensuring that Iran doesn’t have any undeclared nuclear activities,” said proliferation nuclear nonproliferation expert George Perkovich of the Carnegie Endowment for International Peace. But will Iran let international inspectors go anywhere, anytime? The IAEA wants to re-check the Parchin military complex, for example. Intelligence obtained by the agency indicates Iran has carried out non-nuclear explosive work related to atomic weapons at that facility. So far Iran has refused the IAEA’s request. Perhaps more importantly, will Iran talk about what the IAEA calls “possible military dimensions”? Some years ago the IAEA obtained a pile of intelligence that indicated Iran had done a series of things related to nuclear weapons development, from work on high-voltage detonators, to a study of how to fit a nuclear bomb in a missile nose cone. Beginning in 2011, the agency asked Iran to explain this stuff. For the most part the Iranians have not, saying the evidence is faked. The US version of the nuclear framework says only that Iran will “implement an agreed set of measures” to address the IAEA’s concerns about these possible military dimensions. What does that mean? It may mean they’ve kicked this provision down the road for further negotiation. Lots of work remains before the framework becomes a real agreement. http://news.yahoo.com/iran-nuclear-deal-quick-guide-whats-missing-172423545.html

NEWS ANALYSIS Stampede to Join China’s Development Bank Stuns Even Its Founder By JANE PERLEZ APRIL 2, 2015 BEIJING — The sudden rush to join China’s new Asian development bank by this week’s deadline, including last-minute applications by countries hardly considered Beijing’s best friends, astonished even the Chinese. Few in Beijing had believed that Taiwan, still considered a breakaway territory byChina, would want in. Same for Norway, whose relations with the Chinese have been chilly since its decision five years ago to award the Nobel Peace Prize to a dissident Chinese writer. But after the deadline, China announced that it had attracted 46 founding members for its Asian Infrastructure Investment Bank. Among the surprises: While China had expected to be joined by its neighbors, the final tally of countries looking to participate included 14 advanced economies of the Group of 20, many of them, like Brazil, France and Germany, from outside Asia. “Such wide and warm support was unexpected,” said Jin Canrong, professor of international studies at Renmin University in Beijing. The last-minute surge to join the bank was considered a major victory for China in a rare public showdown with the United States, which opposed the bank, as the two powers try to outmaneuver each other for influence in Asia. It was also a recognition of economic reality. China has deep pockets, and the institutions backed by the United States have not met the growing demands for roads, railroads and pipelines in Asia. American officials seem to see the new institution as an effort to undercut the World Bank and the Asian Development Bank, international financial institutions dominated by the United States and Japan. Obama administration officials have also expressed concern that the new bank, under China’s leadership, would ignore lending protections created to ensure, for instance, that vulnerable populations are not pushed from their land in the rush for development. By this week, Japan, China’s chief rival in Asia, was the only major Asian ally still standing with the Obama administration, while usually staunch allies like South Korea and Australia had pledged to join, reversing earlier decisions. The avalanche of countries wanting to join was set off in recent weeks by Britain, one of the United States’ most trusted friends, which concluded that China was such a large export and investment market that it could not afford to stay on the sidelines of one of that country’s pet projects. That the United States’ allies in Europe and Asia flouted Washington’s appeals not to join the bank has brought a sense of triumph to Chinese officials and scholars who say that China has now demonstrated it can construct a broad-based institution without the United States in the lead. “This has shown China that you don’t always have to work your way with the United States, that you can work your way with the region and many others outside the region,” said Wu Xinbo, the director of the American Studies Center at Fudan University in Shanghai. “As long as people think what you are doing is beneficial and that you are providing for the public good, you don’t need U.S. approval.” Washington basically undermined itself by failing to allow a bigger voice for China in the World Bank and the International Monetary Fund, said David Daokui Li, a former adviser to the People’s Bank of China who has a Ph.D. in economics from Harvard. “The Americans got nervous, saying to its allies, ‘You guys can’t join, they are not dependable,’ ” Mr. Li said. “But in the end, all of America’s best allies ended up joining. We should be the ones most surprised, not the Americans.” Washington had warned some major allies not to join. And President Obama took a hard-line stance against China’s attempts to exert power in the region in his State of the Union address this year, said Bonnie Glaser, senior Asia adviser at the Center for Strategic and International Studies in Washington. “He said China should not be able to write the rules — the United States should write the rules,” Ms. Glaser said. Now that the United States has lost the battle, it has softened its position, saying that it will encourage the World Bank and the Asian Development Bank to cooperate with the new bank, provided projects meet certain standards. Treasury Secretary Jacob J. Lew flew to Beijing this week to deliver that message to Prime Minister Li Keqiang. Yet the shift to a more constructive position was viewed as late, and the repercussions of what many considered poor handling by Washington were on display at the Boao Forum for Asia in southern China last weekend, where President Xi Jinping spoke about his views on Asia to more than 1,000 delegates, many from outside China. “I was struck by how much praise there was for China from elsewhere, and how the United States seemed to be absent,” Ms. Glaser said. Now, the onus is on the Chinese organizers to build an institution that meets transparency, lending and environmental standards, and that fits the demands of many kinds of members with different agendas. The interim head of the bank, Jin Liqun, who has worked at the World Bank and the Asian Development Bank, is “an experienced, savvy guy,” said Nicholas R. Lardy, senior fellow at the Peterson Institute for International Economics in Washington. “He’s hiring an able staff of about 40 people, half from China’s Finance Ministry, half recruited internationally. He says he wants to hire the best staff he can get.” http://mobile.nytimes.com/2015/04/03/world/asia/china-asian-infrastructure-investment-bank.html?_r=1&referrer=

China Li & US Lew Continue AIIB Talks & Cooperation 3/31/2015 0 Comments US Backs China-Led AIIB Ahead Of Joining Deadline BEIJING: The US today hinted at joining the China-sponsored Asian Infrastructure Investment Bank (AIIB) before the deadline tomorrow saying it is looking forward to cooperating with the new bank which most US allies have joined disregarding its objections. US can cooperate with the bank as it welcomes and supports proposals that are helpful to infrastructure construction, US Treasury Secretary Jacob Lew said. Lew is here for talks with Chinese officials. The cooperation can be carried out through the China-US Strategic and Economic Dialogue (SED), the World Bank and the AIIB, and any other mechanisms accepted by the two countries, Lew said in his talks with Chinese Premier Li Keqiang earlier on, Chinese Vice Minister of Finance Zhu Guangyao quoted him as saying. Lew's "surprise" visit here ahead of the last date for joining the bank has sparked speculation that the US is negotiating with China to join the bank which it opposed earlier stating that it lacked transparency. ~~~ Already India, along with 30 countries including staunch US allies UK, Germany and France have joined the bank making the Barack Obama administration rethink its concerns that it could become a competitor to the US-led World Bank, IMF and ADB, as it is set to start with USD 50 .. http://economictimes.indiatimes.com/articlesh…/46747901.cms… Chinese Premier Urges U.S. To Approve IMF Quota Reform Chinese Premier Li Keqiang ® meets with Treasury Secretary of the United States Jacob Lew in Beijing, capital of China, March 30, 2015. (Xinhua/Huang Jingwen) BEIJING, March 30 (Xinhua) -- Chinese Premier Li Keqiang met with U.S. Treasury Secretary Jacob Lew on Monday, expressing hope that the United States can approve reform to the International Monetary Fund (IMF) that will give China more sway in the organization. Li said when meeting Lew in the Great Hall of the People that China hopes the U.S. side will support the adoption of the RMB in the basket of special drawing rights, an exchange arrangement under the IMF. Picture The United States holds the largest stake in the IMF and has the sole power of veto on reform of the West-led international financial organization. In a meeting that touched on many other aspects of global economic affairs, Li emphasized that China and the United States should jointly advance liberalization and facilitation of global trade and investment. He petitioned Lew over the United States relaxing limits on exports of high technology to China. Li said negotiations that are about to start over establishing a list of banned practices under the two countries' bilateral investment treaty (BIT) will be their focal point on in the coming months. He said the Chinese government will further open up service and manufacturing industries by slashing the number of foreign investment limits by half. "China will open its door even wider to the outside world," Li said. "The China market will be even more open, transparent and predictable," he vowed. Lew expressed expectation that the BIT negotiation will make progress. He welcomed China playing a bigger role in the development of infrastructure in Asia and said the United States is ready to cooperate with China on both bilateral and multilateral levels. President Xi Jinping's upcoming state visit to the United States will strongly advance the development of China-U.S. relations, according to Lew. He said the U.S. side expects Xi's visit within this year. Li and Lew agreed that said in the next stage, the two sides should jointly stage the new round of their Strategic and Economic Dialogue (SED) and high-level consultation on people to people exchanges so as to enhance mutual trust, deepen cooperation and conduct even closer communication and coordination on major regional and international issues. Li said a sound China-U.S. relationship conforms with the interests of both sides and is conducive to peace, stability and prosperity in the Asia-Pacific region and the world as a whole. He pointed out that as the largest developing and developed countries in the world, China and the United States are highly complementary in their economies and share broad prospect of cooperation. Lew said China's growth, prosperity and deep involvement in the international system conforms with the interests of the United States. Li and Lew also exchanged views on regional and international issues of common concern. U.S. Looking Forward To AIIB Cooperation: Jacob Lew Editor: huaxia BEIJING, March 30 (Xinhua) -- U.S. Treasury Secretary Jacob Lew said on Monday that the United States is looking forward to cooperating with the Asian Infrastructure Investment Bank (AIIB), as it welcomes and supports proposals that are helpful to infrastructure construction. The cooperation can be carried out through liaison between the China-U.S. Strategic and Economic Dialog (SED), the World Bank and the AIIB, and any other mechanisms accepted by the two countries, Lew said in his talks with Chinese Premier Li Keqiang earlier on Monday, according to Chinese Vice Minister of Finance Zhu Guangyao. Zhu told Xinhua after the hour-long talks that Lew also welcomes China playing a bigger role in international economic affairs. He added that Lew said the United States hopes the AIIB can formulate a quality management structure and that it is ready to discuss this with China. The meeting came ahead of the March 31 deadline for countries to apply to become founding members of the AIIB, which will aim to support infrastructure projects in Asia. Zhu said Lew came to China to prepare for the upcoming SED in June and President Xi Jinping's state visit to the United States in September. "The SED is also a working procedure to ensure the meeting between the two presidents is a success," he said. "I think the meeting we have today and the meeting we have in the SED will help up move U.S.-China relations forward," Lew told Li. Besides meeting with Li, Lew also held meeting with Chinese Vice Premier Wang Yang and heads of other government departments. "The meeting with Premier Li was very fruitful. Both sides voiced hope for each other's economic success," Zhu said. Facing the instability and uncertainty of world economic recovery, it is very important that China and the United States coordinate on economic policy and maintain economic growth, he noted. Zhu said Li also asked Lew to feed back three points to the U.S. side: -- China will steadily abide by a peaceful way of development. -- China will endeavor to promote regional peace, stability, development and prosperity. -- China is ready to work with United States to expand their common interests and properly handle disputes. There are broad prospects for cooperation and the relationship between the two. http://news.xinhuanet.com/english/2015-03/30/c_134110884.htm

03-29-2015 Hong Kong's central financial district [REUTERS] ABOUT THE AUTHOR Teymoor Nabili Teymoor Nabili is a Singapore-based journalist and commentator, and CEO of TheSignal.Asia. @teymoornabili It's usual these days that every policy statement coming out of Beijing is minutely scrutinised and commented on by the English language media, so the absence of any alarm bells on and after February 3 came as something of a surprise. The 13th Meeting of Russia, India and China's foreign ministers should have merited at least passing mention - but not a single major western newspaper covered it. There was no reporting of the final communique; no editorial comment was made and no reaction sought, from Washington or London. Inside Story: China's financial power play? Only Hong Kong's South China Morning Postthought it newsworthy that China's foreign minister, along with his Russian and Indian counterparts, was emphasizing a vision that many in the West have long feared - a vision of a new world order. Conciliatory language The relevant comment was short, and buried within30 other paragraphs of much more conciliatory language; nonetheless it was punchy: "Russia, India and China are determined to build a more just, fair and stable international political and economic order." Now ordinarily, a statement like that would have raised the hackles of the China-baiters if no-one else, but not this time. Had they simply failed to notice it amid the rest of the diplo-speak? Maybe they had seen it, but chose to dismiss it as overblown rhetoric from minor powers. Or maybe it was just a willful refusal to consider the possibility that something fundamentally transformative is under way. Whatever the answer, it's in the context of these questions that we should nowanalyse the recent mayhem surrounding the launch of the Asian Infrastructure Investment Bank (AIIB). And mayhem it has been, at least in political terms. From the moment that Britain, on March 12, decided that it wanted to be part of the China-led AIIB, a raft of Washington's traditional allies have followed suit, turning eastwards with unseemly haste. What's happening here is just business, they say, and those western powers who have applied to join have done so to ensure that 'international standards' are maintained, and Beijing's baser impulses are kept in check. France, Italy and Germany jumped aboard the betrayal bandwagon almost immediately after the UK, then Luxembourg, New Zealand and South Korea. Now that Australia's cabinet has agreed, despite the prime minister's protestations, to join up too, the only significant ally sticking by Washington is Japan, and even it is wavering. Mass defection So what's behind this mass-defection from the Washington consensus, and what will the consequences be for the international financial order? The answer to the first part is straightforward - money. Asianeeds $800 billion a year in investment to develop its infrastructure, and numerous countries are keen to help them get it. But, as everyone from the European Commission's vice president to the US treasury secretary have admitted, Washington has been standing in the way of business for years. US credibility and leadership in the multilateral system, said Jack Lew, has been lacking, and that's allowed Beijing to seize the initiative and offer a viable solution. As for the long term consequences, well that's been an even trickier political question. Despite conceding the need for some re-alignments, Washington and its allies draw the line at the suggestion of any long-term change to the status quo. What's happening here is just business, they say, and those western powers who have applied to join have done so to ensure that "international standards" are maintained, and Beijing's baser impulses are kept in check. Even China's finance minister prefers a low-key public stance, presenting the AIIB as complementary to rather than competing with existing institutions. Nagging doubt But behind these official statements there's a nagging doubt. Many financial analysts are speculating that the new bank may well prove to be genuinely transformative, its adoption an irreversible step towards the multi-polar world envisioned in Beijing. China's president with guests at the Asian Infrastructure Investment Bank launch in Beijing [REUTERS] Because the fact is this bank is not just a standalone initiative, an independent body among many others, it's a core component of a much broader template, a long-term plan that China began putting in place some time ago. Already, some of the more than $3 trillion Beijing holds in foreign reserves has been deployed in international markets; its economic reach now spreads beyond Asia to the Middle East, Africa and as far away as Latin America. Along the way, the Renminbi has, in a limited way, gained a small foothold as a trading currency, with economic partners happy to settle bilateral deals directly with Beijing without having to go through the dollar. As these relationships mature, the vision is that the RMB will eventually be accepted alongside the dollar and the euro as a fully convertible reserve currency. By that stage, Shanghai will have established itself as a centre for global finance as powerful as London or New York, and the net result will be that global financial flows, and therefore power, will have shifted some way east. In the current political environment such speculation is not wholly welcomed; but even those who fear the prospect of a powerful China should at least accept that change of some kind is necessary. US dominated The existing global financial architecture, devised 50 years ago when no alternatives existed and all were happy to concede leadership (and benefits) to Washington, is no longer fit for purpose. Not only are its institutions - the World Bank, the IMF, the ADB et al - thoroughly dominated by the US (helped, in the case of the Asian Development Bank, by Japan), they impose a coercive and ideologically driven agenda on developing countries that can do more harm than good. Not to mention the fact they simply don't have the capacity to handle emerging Asia's development needs. What Washington has chosen to ignore, in fear of losing political power, is that a change to global financial structures is a very necessary evolution. The US would do well to join the rest of the international community in acknowledging this fact, and working to ensure its success. Everything depends, of course, on whether Beijing chooses to accept these applications for membership by Britain et al, after the March 31 deadline has passed. Teymoor Nabili is a Singapore-based journalist and commentator, and CEO of TheSignal.Asia. The views expressed in this article are the author's own and do not necessarily reflect Al Jazeera's editorial policy. Source: Al Jazeera http://www.aljazeera.com/indepth/opinion/2015/03/asian-infrastructure-investment-bank-150329074949552.html

here's another comment from JC - "I do think the US will be allowed to join the AIIB, as it will create solidarity and symbiosis in the multilateral. But it may not happen right away, and when it does, it will be on the terms of the rest of the world, not Americas terms. Don’t worry too much, I think Americans will be okay. This world, with all its debt and harshness, will pass us by, but the human heart and soul is where true freedom and liberty circulate. They wait for us to recognize them once again."

WHEN WILL CHINA END THE DOLLAR PEG MARCH 25, 2015 JC COLLINS 22 COMMENTS The Last Year of American Hegemony By JC Collins One of the biggest questions which we need to consider as the world moves closer to the full implementation of the multilateral financial system is when will the RMB end its managed peg to the USD? Now that the official request has been made to the International Monetary Fund, for the yuan to be included into the SDR basket composition, it is only a matter of time before the ending of the peg occurs. There are a few time frames we are working with. One is the May meeting of the IMF where the first formal discussions around the new SDR composition will take place. The second is in October, which is when the new composition will be confirmed. Finally, the new basket will come into effect on January 1, 2016. There are some key indicators and trends which we can use to build a case for the time frame of this event(s). The official IMF transcript of a speech Christine Lagarde gave in China yesterday will offer us our first clues. The excerpts below are from that speech, followed by my interpretations. “The implementation of structural reforms as outlined in the 3rd Plenum Blueprint is underway. This should lead to slower, safer, and more sustainable growth–with a focus on innovation and entrepreneurship–which will be good for China and its people – and good for the world.” The market and financial reforms from China’s Third Plenumdetailed back in 2013 have been discussed across many platforms. The consensus is that the financial reform component of the Plenum, which included the mechanism for exchange rate adjustments, was a reference to the widening of the exchange rate band with the USD that took place last year. It is my contention that this segment of the Plenum is referring to a larger move in the exchange rate mechanism, as would be necessary for the RMB to be included in the SDR basket. Having the yuan remain pegged to the dollar would be pointless in the SDR framework, as it would not offer broader stability, which is the point of the inclusion in the first place. “I noted the impressive efforts made by the Chinese government to reform in three key areas in particular: cleaning up the house, by promoting good governance through strengthening the legal framework and the anti-corruption campaign; cleaning up the air, by curbing pollution and preserving the environment; and clearing the path to even more engagement with the world, through China’s further participation in the multilateral dialogue and through more international investment and trade. I welcomed China’s various initiatives in this area, including through the newly established Asian Infrastructure Investment Bank (AIIB).” This statement was thoroughly discussed in the previous post titledThe Coming Western Tribunals. The references made in that post to historical sovereign bond debts and environmental cleanup, as well as anti-corruption, is validated with this statement from the IMF. “I am very impressed by the rapid internationalization of Renminbi (RMB) in recent years. The authorities’ commitment to accelerate reforms, particularly in the financial and external sectors, should further facilitate the international use of the RMB. The authorities have also expressed interest in having the RMB included in the SDR basket. We welcome and share this objective, and we will work closely with the Chinese authorities in this regard.” This statement confirms the information which was provided last year in the post titled Renminbi is Already A Defacto Reserve Currency. “During our meetings, we also discussed the delays in implementing the IMF’s 2010 quota and governance reform. I share the authorities’ view that every effort should continue to be undertaken to ensure that these reforms can be made effective as soon as possible.” This was previously reviewed in the post Renminbi and the Alternative IMF Reforms. The trend of information which we have been following for the last 15 months is now being validating almost daily as the official announcements and events play out as expected. It is rudimentary to suggest that the country with the largest economy on Earth can not keep its currency pegged to that of another. The price discovery which will take place in the opening days of the pegs end will see appreciations of the RMB. Some of the benefits of this upward valuation will be realized as foreign funds are encouraged to enter China, there will be lower Chinese company operating costs, in the form of cheaper imports, and the Chinese will be able to purchase foreign assets cheaper. The appreciation of the yuan will also slow economic growth within China, which is also something mentioned above by Lagarde in her speech. This was also reviewed in the post The Redback Revolution. To determine the timing of this event(s) we need to consider what other factors and systemic implementations align with the months of May and October. First, there is the China International Payment System, or CIPS, which was originally scheduled to be operational in 2014, but wasdelayed due to technical difficulties. (This technical difficulty may have something to do with the missing Malaysian plane last year, which had 20 employees from the computer processor manufacture Freescale Semiconductor. A spokesman for the company said the employees, who were traveling to China, were very important employees of the company who worked on processor technology. There is little additional information available, but the timing of the planes disappearance with the original start date of CIPS, is highly questionable. See post The Algorithmic Central Bankers for additional information.) It is now stated that the CIPS system is ready to go, and is only going through final testing with 20 banking institutions, 13 of which are Chinese, and the remainder as foreign subsidiary banks. The new operational start date is in October, but it could be fully operational at any time. This October time frame corresponds with the next fiscal crisis in America where the debt ceiling is reached and the Treasury runs out of money to fund the government. This could create an excellent pretext for the Chinese to end the peg. When a similar situation happened in October of 2013, the Chinese were very outspoken on the volatility in the USD. It has been suggested that China may announce its actual gold reserves this spring, either April or May. This corresponds with the May time frame of the initial formal IMF discussion on the SDR basket changes. Lets explore this some more. Chris Hamilton wrote a piece last week which was published on theSRSroccoReport site. In it he discussed the increase in China gold reserves, where those reserves came from, and how they were paid. “Who would have this massive amount of gold in inventory (and willingly sell it at significantly lower prices) and why would the price of gold collapse on this clear imbalance in demand over supply? Most sources of potential inventory are audited on a regular basis and this draw-down would be quite noticeable. Of course, the greatest source of gold holdings are collectively held by the Federal Reserve and the US Federal government…and this is not openly audited.” “Put it all together…China, the largest buyer of US Treasury’s ceases buying Treasury’s…and US Treasury yields collapse?!? The Chinese (and others) buy record amounts of gold and create an imbalance of demand over available supply…and prices collapse?!? These are clearly not the actions of a market attempting to find a balance between price, supply, and demand.” The transfer of massive amounts of gold to China is something which has been well covered by many analysts, Chris Hamilton being one of them, and Koos Jansen being another. Let’s explore a very real possibility for the source of this gold transfer. China has a sovereign debt which hasn’t been honored, and will need to be before the RMB can be considered for the SDR composition. This debt, estimated at more than $1 trillion today, was issued in the first half of the 20th Century in the form of bonds, and was supported by the vast amount of gold holdings which the Japanese took from the country during its brutal invasion in the lead up to World War 2. From the New English Review piece titled Will China Pay the $1 Trillion it Owes Americans: “The Chinese government doesn’t like to talk about it and the U.S. government doesn’t want to raise it. But decades ago, Beijing defaulted on debt owed to Americans, as well as investors and governments around the world. In one case, it was paid. In the rest it was not. More than 20,000 American investors own this debt. The U.S. government may also own Chinese war debt, unpaid since World War II.” The one case in which the bonds were honored was in the changeover of Hong Kong from British control to Chinese control. British bond holders were paid out and the rest were ignored. From this we can determine that China is using this sovereign debt as a strategic tool in its bargaining with the existing international framework. With that being said, the increase in gold holdings which Chris Hamilton has referenced above is reflective of the gold which had been stolen from China by the Japanese, which the bonds had been issued on, and is now returning back to China. This was obviously a requirement before China would honor the bonds. The closure of this bond deal, and the announcement of the official Chinese gold holdings, will correspond with the end of the RMB and USD peg. China, as previously stated, will likely partially support the yuan with these official gold holdings. If this indeed takes place in April or May, it will correspond with the first formal SDR meeting at the IMF. The October time frame aligns with the operational start dates of both the BRICS Development Bank and the Asian Infrastructure Investment Bank. So far, we have most key indicators pointing towards the October time frame, which corresponds with the final review and decision on the SDR composition. But before making any final conclusions, we will need to take a closer look at the Chiang Mai Initiative Multilateralization and how China’s trade partners will react to an end of the RMB/USD peg. The CMIM is an agreement between ASEAN members to help provide assistance to countries experiencing balance of payments and short term liquidity difficulties. The agreement came into effect on July 17, 2014, around the same time the CIPS systems was to come online. Under CMIM, a member country can draw up to 30% of its allocated quota amount under the agreement, without being subject to IMF conditions. The remaining amount, 70%, is required to be connected with an IMF program. The CMIM acts as a supplemental regional safety net to the IMF. As such, the CMIM cannot function without the IMF. The Chiang Mai Initiative is one segment of the ASEAN Economic Community blueprint. For those who don’t know, AEC is a game changer. It’s mandates are nothing less than: Harmonization in payment and settlement system (CIPS) An Asian monetary union (with countries maintaining their domestic currencies) Single market for financial products Uniform exchange rates between ASEAN members All phases of integration are scheduled to be completed and operational by Jan 1, 2016, the same date that the new SDR composition, with the RMB, will take effect. International audit and financial advisory company Deloitte has published a document titled The ABC of AEC – To 2015 and Beyond. This document attempts to explain and direct the reader through the maze of AEC integration, and why its important. The document opens with this: Across Southeast Asia, all the chatter around the ASEAN Economic Community (AEC) is focused on a single date: 31 December 2015. But the reality is that not everyone understands what that date means. What is it and why wait until then to do it? What will the impact be? Will we wake up to a different world on 1 January 2016? The obvious connection between the CMIM, and it’s IMF structure and mechanics, with the AEC, and its operational start date of Jan 1, 2015, along with the new SDR composition, is clear evidence for the reality of the macro multilateral framework which we have researched and presented here on this site. The phased integration of AEC and the relationship between the IMF and CMIM make the 2010 IMF Quota and Governance Reforms all the more important. The AEC, and by default the CMIM, cannot function without the fair representation of China and other emerging economies on the Executive Board of the IMF. Not to mention that the quota amounts from both the IMF and CMIM will have to align at the 30%/70% ratio defined above. But it doesn’t end there. With the regional exchange rate coordination, or uniform exchange rate between ASEAN members, we are likely to see most countries peg their domestic currencies to the Chinese yuan, as it will be the regional reserve currency which is in the SDR composition. This will position the AEC to avoid the inherent challenges in a regional currency like the euro, which it has publicly stated it does not want. The uniform exchange rate structure will ensure that no opposing, or dual exchange rates are used within the monetary union. It is highly unlikely this means all currencies will be at parity, but member countries could use the Shanghai Gold Exchange as a means of supporting the uniform structure, with predetermined rates set for each member country, based on similar weights as what will be used in the SDR composition. This is the mechanism by which we are likely to see a revaluation of regional domestic currencies, such as the Vietnamese dong. We have reviewed the probability and intent of the State Bank of Vietnam to at some point end the dongs peg with the USD and peg to their largest trading partner, which is China. This was discussed in the post Dongs Revaluation is Imminent. We can see now that the mechanism which will be used for this revaluation is built within the structure and phase integration of the AEC implementation, which in turn is determined by the larger process of the RMB being given reserve status and included in the SDR composition. And the SDR is the reserve unit of account used by the IMF. The same IMF which supersedes the mandates and organizational flow of the CMIM, Chiang Mai Initiative. In the post Dong and the Pan-Asian FX Trading Center we reviewed how the dong and yuan were already directly convertible in a test market only. This fits within the parameters of the AEC blueprint as well. Returning the time frame for the RMB to end the peg to the USD, we are still faced with the two possible dates of May and Oct, with the final results being in full effect on January 1, 2016. It could really happen at any time in between May and Oct, but I will put forth one possibility which has begun to settle well on me, considering the careful action of China at every step of internationalizing the yuan. It is possible that we could see China announce their full gold holdings in April or May, in time for the first formal meeting on the SDR, and perhaps even partially peg the RMB to gold, while at the same time widening the USD peg instead of removing it. This would allow the Chinese to feel their way through any possible market adjustments or fluctuations in the price of gold, and volatility with the dollar. This would serve to apply more depreciation pressure on the USD in the lead up months to the US budget crisis and SDR confirmation meeting in October. At that time, China could fully sever the peg with the USD and allow the yuan to float freely and realize the price discovery appreciations which would have built up in the currency like a stored kinetic energy. The other ASEAN members would follow and lead into the final implementation of the AEC blueprint by the end of the year, which is meant to correspond with the new SDR on January 1, 2016. And lets not forget that the AIIB and BRICS Development Bank will also be fully operational at that time as well. When faced with time frames of either May or Oct for the depeg to occur, it is my contention that it will happen piecemeal, with a widening of the peg range in May, followed by a full ending of the peg in Oct. The official gold holdings and any partial support this may offer to the yuan could happen on either time frame, though I’m leaning towards sooner rather than later. What is certain is that we are going to wake up on the morning of January 1, 2016 living in a different world than the one we are living in today. This could very well be the last year of American hegemony. – JC PS – I have a headache from writing this post. http://philosophyofmetrics.com/2015/03/25/when-will-china-end-the-dollar-peg/comment-page-1/#comment-8697

Market Summary Main Index928.35 Change 852.98 Change % 1,131.72% Value Traded1,938,899,339 Shares Traded 2,035,424,172 Trades 784 Symbols Traded 51Symbols Up 20Symbols Down 22 Flat 9 Latest Update 19/03/2015 http://www.isx-iq.net/isxportal/portal/homePage.html?currLanguage=en

STICKERS THAT START WITH A "4" ARE FOR "CONVENTIONALLY GROWN" PRODUCE "8" STICKERS ARE FOR GENETICALLY MODIFIED "9" STICKERS ARE FOR ORGANIC PRODUCE What The Numbers On Produce Stickers Really Mean | World Truth.TV Have you ever wondered what the numbers on those produce stickers mean? The four- or five-digit numbers can actually tell you a lot about the produce you buy.... WORLDTRUTH.TV What The Numbers On Produce Stickers Really Mean Have you ever wondered what the numbers on those produce stickers mean? The four- or five-digit numbers can actually tell you a lot about the produce you buy. Although they seem like a nuisance, the stickers or labels attached to fruit and some vegetables have more of a function than helping scan the price at the checkout stand. The PLU code, or price lookup number printed on the sticker, also tells you how the fruit was grown. By reading the PLU code, you can tell if the fruit was genetically modified, organically grown or produced with chemical fertilizers, fungicides, or herbicides. Want to know if those Gala apples are organic, the potatoes conventionally grown, or the corn genetically modified? To the right is a simple graphic that breaks down the codes for you. When you shop for produce, it’s important to keep in mind that some fruits and vegetables have more pesticide residue than others. Here are the basics of what you should know: If there are only four numbers in the PLU, this means that the produce was grown conventionally or “traditionally” with the use of pesticides. The last four letters of the PLU code are simply what kind of vegetable or fruit. An example is that all bananas are labeled with the code of 4011. If there are five numbers in the PLU code, and the number starts with “8″, this tells you that the item is a genetically modified fruit or vegetable. Genetically modified fruits and vegetables trump being organic. So, it is impossible to eat organic produce that are grown from genetically modified seeds. A genetically engineered (GE or GMO) banana would be: 84011 If there are five numbers in the PLU code, and the number starts with “9″, this tells you that the produce was grown organically and is not genetically modified. An organic banana would be: 94011 Incidentally, the adhesive used to attach the stickers is considered food-grade, but the stickers themselves aren’t edible. The Produce Marketing Association in fact created a five-digit numbering system for price look-up numbers for genetically modified produce beginning with the digit “8,” just in case some company should want to keep track of genetically modified produce in their inventories. In fact, many companies have stopped shipping produce to the state of Vermont, which requires identification of genetically modified produce and seeds by use of the code. Produce wholesalers prefer to avoid the question of which vegetables and fruits may have been genetically modified. And there are only three vegetables and one fruit in the American market that are actually GMO: • Papayas from Hawaii (but not papayas from any other source), • Some sweet corn • Almost all yellow squash and zucchini, which were genetically modified in the early 1990’s to give them resistance to a mosaic virus that causes green mottling on their skin. Produce that is labeled as organic cannot include any intentionally added genetically modified ingredients. An organic farmer is not prevented from calling sweet corn organic even if pollen from genetically modified corn plants blew in from other fields. And what about checking the produce code for the “9” to indicate it was organically grown? American companies are not using this convention, either. The code 4129, for instance, is used both for conventionally raised Fuji apples and for organic Fuji apples. Certified organic produce is labeled in words reading “certified organic,” and you can also tell by the price. Source: www.mindbodygreen.com

March 17, 2015 0 comments Impfverweigerer arrested in Pakistan - and that's Only The Beginning More than 1,000 arrest warrants issued werewolf for the people who refuse to get children vaccinated In Pakistan, it is sent to prison if you do not inoculated and his children are taken many precautions to prevent parents and their children can not escape. Microsoft founder Bill Gates is on a world tour. It supports the pharmaceutical in the field of vaccination. In early March, he visited the Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan and admired the "Sehat ka Ittehad" campaign to eradicate polio. That vaccination will forcibly guided by Bill Gates does not interfere particularly because Bill Gates wants to vaccinate the entire world. Impfverweigerer arrested in Pakistan As reported from Peshawar, 471 people were arrested because they had set against a mandatory polio vaccination of their children to resist. Arrest warrants were issued for more than 1,000 additional Impfverweigerer. As the story goes, have 471 parents in the districts Mathra, Budh Bheer, Sheikh Muhammadi, Sarband, Sherkera, Armar and Khazana, refused to vaccinate their children and were therefore taken into custody pursuant to section 3 for the maintenance of public order. District Commissioner Riaz Mehsud in Peshawar has arranged to bring the prisoners to the Central Prison. Second phase of Sehat ka Ittehad campaign in KPK, FATA In the second phase of a two-day anti-polio campaign 2,771,456 children were nine viruses - to be vaccinated - including polio. About 7,221 mobile teams, 761 inpatient teams, 227 transport and 620 area teams have been set up for it. Moreover, a two-day ban on the use of motorcycles was pronounced by the district administration with reference to section 144. To ensure the safety of the medical team, strict security measures have been implemented. 'Sehat Ka Ittehad' is a comprehensive and (supposedly - Note the translated grid woman) effective polio campaign for the disease in the districts of KPK and FATA no longer occurs. It was at the same time in KPK and FATA durchgführt to really reach every child under 5 years, with a special focus on IDP children. At the same time, a similar anti-polio campaign in the district Quetta, interrupted due to inadequate security situation. According to health officials of the district Quetta, Dr. Shah Jahan Panezai, the continuation of the anti-polio campaign at any time, once appropriate measures to protect the teams have been implemented. Wasted UNICEF vaccine in millions value Because of the waste of vaccines for children in the value of 3.7 million dollars (3.3 million euros) two representatives of the health authorities have been fired in Pakistan. The two officers were dismissed for negligence of their offices, was the head of the vaccination program, Saqlain Ahmad Gilani known. The vaccines that children should immunize against five diseases came from UNICEF. However, they were stored at high temperatures and therefore unusable. Due to controversial vaccine trials, the Bill & Melinda Gates Foundation is caught in the crossfire of criticism in India. In India, thousands of children were abused as test subjects for vaccines proven. There was severe side effects and deaths. The Bill & Melinda Gates Foundation and two funded by their organizations and the WHO are indicted in India by the Supreme Court. Bill Gates, according to Forbes magazine, the world's richest man with a fortune of $ ca 80,000 million, explained that headed by him and his wife Melinda Foundation annually about 4,000 million dollars donated to help the world's poorest. The Foundation is also one of the main funders of the organization GAVI, the more donations of $ 7,500 million was pledged to continue their vaccination campaign for children 2016-2020. The great savior of human life: "Vaccinations are the main savior of life," said the 59-year-old American, who considers himself lucky to be invited by Chancellor Angela Merkel at the donors' conference in Berlin. Germany was in the context of the G-7 Presidency hosted an international donors' conference for the Impfallianz Gavi. Patronage Dr. Angela Merkel welcomed about 200 participants, including Bill Gates and the pharmaceutical companies. Refer to: Impfallianz - Bill Gates and Merkel make pharmaceutical companies with vaccines rich - tens of thousands of girls abused as test subjects On March 13, we asked our network women readers, as you stand on this issue.The comments can be found here. https://www.facebook.com/Netzfrauen/posts/964292923583691 http://netzfrauen.org/2015/03/17/impfverweigerer-in-pakistan-verhaftet-und-das-ist-nur-der-anfang-more-than-1000-arrest-warrants-were-issued-for-the-people-who-refuse-to-get-children-vaccinated/

3 European Powers Say They Will Join China-Led Bank BRUSSELS — Ignoring direct pleas from the Obama administration, Europe’s biggest economies have declared their desire to become founding members of a new Chinese-led Asian investment bank that the United States views as a rival to the World Bank and other institutions set up at the height of American power after World War II. The announcement on Tuesday by Germany, France and Italy that they would follow Britain and join the Chinese-led venture delivered a stinging rebuke to Washington from some of its closest allies. It also called into question whether the World Bank and the International Monetary Fund, which grew out of a multination conference in Bretton Woods, N.H., in 1944 and established an economic pecking order that lasted 70 years, will find their influence diminished. The announcement by Germany, Europe’s largest economy, came only six days after Secretary of State John Kerry asked his German counterpart, Frank Walter-Steinmeier, to resist the Chinese overtures until the Chinese agreed to a number of conditions about transparency and governing of the new entity. But Germany came to the same conclusion that Britain did: China is such a large export and investment market for it that it cannot afford to stay on the sidelines. American officials have fumed that China never approached the Group of 7 — the consortium of economic powers that the United States has led — but rather decided to pick off individual members, setting a deadline of the end of March for them to decide whether to join the new organization, the Asian Infrastructure Investment Bank, which many refer to by its initials, the A.I.I.B. China, in turn, has long chafed at the idea that the World Bank’s president is traditionally an American, and that France appoints the head of the I.M.F. “This has been a power struggle,” one senior European official said. “And we have moved from the world of 1945.” In Washington, Jen Psaki, the State Department spokeswoman, declined to criticize the countries that announced they would seek to participate, but expressed reservations. “It will be important for prospective members of the A.I.I.B. to push for the adoption of those same high standards that other international institutions abide by, including strong board oversight and safeguards,” she said. The European decision is bound to help efforts by Xi Jinping, China’s president and Communist Party chief, to reshape the global balance of power, starting with the institutions that underpin it. Mr. Xi’s predecessors chose to join some of those institutions, including the World Trade Organization, and work from within to amend some of their rules more to China’s liking. But with the new bank, China appears to be stepping up previously halting efforts to also build new, Sino-centric institutions from scratch. China’s control of the bank, however, will face constraints. Britain has insisted on a senior post on its board, and Germany will do the same. China has worked for years to break what it regards as an unfair grip by the United States on global political and financial institutions and to set up rival structures more responsive to Chinese demands for a voice in international affairs commensurate with its status as the world’s second-biggest economy. Continue reading the main story “China is shaping an alternative universe and getting America’s European allies to support it,” said Theresa Fallon, a China expert at the European Institute for Asian Studies, a Brussels research group. The United States lobbied its allies not to join the new China-based bank. The United States has argued that the bank at best duplicates, and at worst undermines, the role of the Washington-based World Bank and the Asian Development Bank, which has its headquarters in the Philippines, a close American ally at odds with Beijing over the South China Sea. The I.M.F., which manages financial crises, is less directly affected. Ms. Fallon said she expected that South Korea, another close American ally, would also sign up for the new bank and that “in the end, only Japan won’t say yes.” China, she said, is offering a “whole economic and political package that provides an alternative to the creaking international structures shaped by the U.S. in the postwar period.” Western officials and anticorruption groups have long criticized China’s lending practices, particularly for infrastructure projects in Africa involving Chinese companies, saying they foster corruption and undercut efforts by the World Bank and I.M.F. to link loans to demands for good governing. China rejects such complaints, pointing to its success in building roads and railway lines quickly in countries bereft of Western capital. In an apparent reference to such concerns, France, Germany and Italy, in a statement declaring their eagerness to join the Asian Infrastructure Investment Bank, said they were “keen to work with the A.I.I.B. founding members to establish an institution that follows the best standards and practices in terms of governance, safeguards, debt and procurement policies.” Snubbing the bank would have angered Beijing, but aside from earning Chinese good will, it was not immediately clear what European countries would gain by joining other than the right to endorse and help finance infrastructure projects that, in many case, are likely to be dominated by Chinese, not European, construction companies. Europe’s defiance of pressure from Washington over the bank does not signal a major rupture, analysts said. But, they say, it does add friction at a time when the marquee project of trans-Atlantic solidarity, a proposed free trade deal, has lost much of its momentum in the face of fierce hostility from European politicians and activists opposed to American-style capitalism. While heavily dependent on the United States for security, especially since the crisis in Ukraine erupted last year, European countries, Ms. Fallon said, “tend to take the U.S. for granted,” while “China is very good at lobbying them and promising them things.” But she said Washington had been unwise to expend diplomatic and political capital over the bank when it was clear that even staunch allies like Britain wanted to join it. The bank was first proposed by Mr. Xi to help fund infrastructure projects in poor Asian countries, something the World Bank and the Asian Development Bank already do. China has pledged a large part of the initial $50 billion of capital, and Beijing hopes the institution will contribute to the expansion of its Asian power base, even as its growing might, economic and military, reshapes the political dynamics of the region and beyond. Continue reading the main storyContinue reading the main storyContinue reading the main story Since taking over leadership of the Chinese Communist Party in 2012, Mr. Xi has steadily expanded a longstanding Chinese policy of seeking political influence through lending and investment, putting his weight behind an ambitious plan to build maritime and land links between China and Europe that span the Eurasian continent. China began the plan after a 2011 call by Hillarious Rodham Clinton, who was then secretary of state, for a “new silk road” to help Afghanistan’s economy. Miffed that Washington had appropriated a term China considers an inseparable part of its own heritage, Mr. Xi in 2013 put forward his own “silk road” plan. This was initially called the Silk Road Economic Belt but, since expanded and shorn of any echoes of the American proposal, is now known in China as the “Belt and Road” scheme, said Ms. Fallon, who has studied the evolution of China’s minutely calibrated nomenclature. China first signaled its desire to set up its own alternative structures as its economy took off in the 1990s. In 1996, in Shanghai, it established a security grouping comprising China, Russia, Kazakhstan, Kyrgyzstan and Tajikistan. The body, since joined by Uzbekistan and known as the Shanghai Cooperation Council, has Chinese and Russian as its working languages instead of English, the lingua franca of most international organizations set up under the auspices of the United States. Under Mr. Xi, Beijing has also put itself at the center of a four-year-old grouping of 16 Eastern and Central European countries, promising investment to the region in a push for economic and political influence that has raised eyebrows in Brussels, the headquarters of the European Union. Some see the venture as an attempt to divide the European Union and circumvent the bloc’s rigid rules and standards. Eleven of the nations courted by China in Eastern and Central Europe belong to the union. But China has voiced annoyance at what it derides as “Cold War thinking” that divides the world into fixed camps, promoting its efforts to win friends and also contracts in formerly Communist Eastern Europe and elsewhere as part of a “win-win strategy” beneficial to all. Commenting in Beijing on the decision by European countries to join the new investment bank, a Foreign Ministry spokesman, Hong Lei, said China “wants to work together with all parties to set up a mutually beneficial, professional infrastructure investment and financing platform to contribute to regional infrastructure and economic development.” While China has risen over the last decades to become the second-largest economy — or even the largest, by some measures — it is still sidelined at the international level by the reluctance of developed nations to relinquish their privileged places. In one such case, the United States and its partners at the International Monetary Fund agreed in 2010 to give emerging nations an expanded role in the institution. Congress has so far refused to sign on. Speaking on Tuesday in Washington, Treasury Secretary Jacob J. Lew said it was “urgent that we address prior unmet commitments, which have grown to levels that raise significant questions about U.S. credibility and leadership in the multilateral system.” Failure to do so, he added, could “result in a loss of U.S. shareholding at a time when new players are challenging U.S. leadership in the multilateral system.” http://www.nytimes.com/2015/03/18/bu...bank.html?_r=0 Washington fears obstruct reform IMF 3/19/2015 0:00 WASHINGTON - A. P. B. The United States confirmed the words of Treasury Secretary Jacob Lu, blocking the US Congress to reform the International Monetary Fund threatens «credibility and influence» United States in the world. Lu said in a hearing before Congress that «our sincerity and international influence are at stake». Apply the fix Monetary Fund, which gives emerging nations a bigger role and doubles permanent resources remains, commenting two years ago waiting to be ratified by the US Congress, which is dominated by the Democratic administration Algmehurion.ouholt move this file in recent months, but to no avail, sparking resentment emerging economies At the forefront of Chin.oadav if the «repeated failures (...) pay other countries, including some of our allies, to question our commitment within the International Monetary Fund and other organizations». He explained that this disruption also pay emerging countries to establish a «parallel financial institutions» excluded from the United States. In this context, established Brix Group, which includes Brazil, Russia, India, China and South Africa's monetary fund last year. He believed that if the ratification of the reform of the IMF will allow the preservation of «Leadership». http://alsabaah.iq/ArticleShow.aspx?ID=89150

HERE'S A LINK TO THE CACHED VERSION OF THE XCEL SHEET THEY MENTION ACCESSING...NOW, I'VE SEEN A TRANSLATION OF THE CBI ANNOUNCEMENT, AND IT DOES SEEM THEY WANT TO CHANGE THE WAY EXCHANGE RATES ARE REPORTED. HERE'S THE LINK TO THE CACHED SPREADSHEET - THE DATE IN THE UPPER LEFT CORNER SHOWS THAT THE LAST REPORTING DATE WAS FEB 18 2015 I DON'T SEE ANY RATES, DO YOU? http://webcache.goog...n&ct=clnk&gl=iq CBI Arabic Announcement Translated - THANKS MELIAHLORE Directorate General to monitor your Credit and Banking Studies and Research Department of Banking Number: 26 / 3/9 Date: 03/10/2015 To / approved the practice of banking banks all Remittance companies approved all M / Help sale and purchase of foreign currency number (26/3/9) for the year 2015 Central Bank of giving his best regards .. Further Bamamna number No. 48/3/9 dated 02/19/2015 Please adopt the model facilities a copy of it linked to the purpose of implementing the provisions of paragraph (f) of our instructions numbered (26/3/9) for the year 2015 instead of the attached form Collapse Aamamna above. To take necessary before you ... with appreciation ... Idi Walid Abdel Nabi General manager Salman Abdul Abadan Anth M. General manager 03/10/2015 (Second page has a table with rows and columns. Can't translate the column headings because of gray background. Here is the title of the page, though.) The date of application Reveal the amounts transferred to strengthen the assets of the bank have correspondents abroad for the period from to Original Document Link: http://www.cbi.iq/do...en15-3-2015.pdf ANYWAY - THIS DOESN'T SOLIDLY CONFIRM OR DENY WHAT FRANK IS SAYING - IF THEY STOPPED REPORTING THE RATES IN JANUARY, AND HE'S JUST NOW DISCOVERING THIS, THEN THAT WOULD BE HIS "OUT". HERE'S A QUOTE FROM F26 AGAIN: "It was always there...... It is gone now. It is blank. Our time frame study of 31415 + 3 days that we added last week has some legs to stand on right now. Yesterday it was at 1166.......it's always at 1166 except on the 18th of every month when they update this page." AGAIN, THE LINK I POSTED SHOWS A SCREEN SHOT (WEB CAPTURED PHOTO FROM GOOGLE WEB CRAWLER) HERE'S THE DISCLAIMER FROM GOOGLE - ATOP THE PAGE I OPENED (LINK ABOVE) "G o o g l e automatically generates this HTML view of the file http://www.cbi.iq/do...y financial.xls as we crawl the web. Google is neither affiliated with the authors of this page nor responsible for its content." ANYWAY, I HAVE THE PRINT SCREEN'S OF THESE IMAGES IF ANYONE WANTS TO SEE THEM, BUT THEY CLEARLY SHOW NO EXCHANGE RATES (NOR ANY EXCHANGE RATE COLUMN AS OF FEB 18 2015) Read more: http://dinarvets.com/forums/index.php?/topic/199089-old-rate-no-longer-in-the-cbi-books-more-updates-forthcoming/#ixzz3UWPxv3Sd

ANYWAY - THIS DOESN'T SOLIDLY CONFIRM OR DENY WHAT FRANK IS SAYING - IF THEY STOPPED REPORTING THE RATES IN JANUARY, AND HE'S JUST NOW DISCOVERING THIS, THEN THAT WOULD BE HIS "OUT". HERE'S A QUOTE FROM F26 AGAIN: "It was always there...... It is gone now. It is blank. Our time frame study of 31415 + 3 days that we added last week has some legs to stand on right now. Yesterday it was at 1166.......it's always at 1166 except on the 18th of every month when they update this page." AGAIN, THE LINK I POSTED SHOWS A SCREEN SHOT (WEB CAPTURED PHOTO FROM GOOGLE WEB CRAWLER) HERE'S THE DISCLAIMER FROM GOOGLE - ATOP THE PAGE I OPENED (LINK ABOVE) "G o o g l e automatically generates this HTML view of the file http://www.cbi.iq/documents/key%20financial.xls as we crawl the web. Google is neither affiliated with the authors of this page nor responsible for its content." ANYWAY, I HAVE THE PRINT SCREEN'S OF THESE IMAGES IF ANYONE WANTS TO SEE THEM, BUT THEY CLEARLY SHOW NO EXCHANGE RATES ANYWHERE ON THEM (IMAGE LAST REPORTING DATE FEB 18 2015)

HERE'S A LINK TO THE CACHED VERSION OF THE XCEL SHEET THEY MENTION ACCESSING...NOW, I'VE SEEN A TRANSLATION OF THE CBI ANNOUNCEMENT, AND IT DOES SEEM THEY WANT TO CHANGE THE WAY EXCHANGE RATES ARE REPORTED. HERE'S THE LINK TO THE CACHED SPREADSHEET - THE DATE IN THE UPPER LEFT CORNER SHOWS THAT THE LAST REPORTING DATE WAS FEB 18 2015 I DON'T SEE NO STINKIN' RATES, DO YOU???? LOL http://webcache.googleusercontent.com/search?q=cache:xO9-FmBT4SkJ:www.cbi.iq/documents/key%2520financial.xls+&cd=1&hl=en&ct=clnk&gl=iq CBI Arabic Announcement Translated - THANKS MELIAHLORE Directorate General to monitor your Credit and Banking Studies and Research Department of Banking Number: 26 / 3/9 Date: 03/10/2015 To / approved the practice of banking banks all Remittance companies approved all M / Help sale and purchase of foreign currency number (26/3/9) for the year 2015 Central Bank of giving his best regards .. Further Bamamna number No. 48/3/9 dated 02/19/2015 Please adopt the model facilities a copy of it linked to the purpose of implementing the provisions of paragraph (f) of our instructions numbered (26/3/9) for the year 2015 instead of the attached form Collapse Aamamna above. To take necessary before you ... with appreciation ... Idi Walid Abdel Nabi General manager Salman Abdul Abadan Anth M. General manager 03/10/2015 (Second page has a table with rows and columns. Can't translate the column headings because of gray background. Here is the title of the page, though.) The date of application Reveal the amounts transferred to strengthen the assets of the bank have correspondents abroad for the period from to Original Document Link: http://www.cbi.iq/documents/Announcemen15-3-2015.pdf

It's okay. Thank you kindly, Trinity!

C'MON GET CRACKIN' YOTA....GET THIS THREAD MERGED WITH THE OTHER ONE, AND QUICK LIKE... YOU'RE SLOW TODAY...JJ http://dinarvets.com/forums/index.php?/topic/198808-government-challenged-17-paragraph-in-the-budget-reduced-deputations-and-hospitality-funds-and-identified-the-central-sales/

Why would others in the govt want revisions to the reduced salaries of the three presidencies? they wouldn't. I call BS on this. News media's gettin' desperate.