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Luigi1
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Luigi says...

It looks like China & USA are in agreement.

China will back the USD in exchange for USA concessions.

China Yuan will become a global currency reserve.

This will pave the way for the GCR RV RI of 1st basket nation currencies.

Could the IQD RV/RI be just around the corner?

Your views.

 

 

 

EXOGEN:  GLOBAL DEBT FORGIVENESS ACTIVATED  LINK 

EXOGEN:  This will pave the way for the exclusion of the fiat dollar from the global financial system in the coming days.   

EXOGEN:  US Approves Yuan SDR Inclusion after China Orders 300 Boeing Planes
September 27, 2015

After reassuring the United States that its economy will be propped up by China, Obama has given his thumbs up to the inclusion of Renminbi into the IMF’s SDR basket of currencies.

Renminbi is the official “people’s currency” of China; Yuan is the primary unit of that currency.

This will pave the way for the exclusion of the fiat dollar from the global financial system in the coming days.

 

 

 

Guesses To Exogen’s Picture clues/Intel: (First time in many months!)
Ranger4564:  My guesses… some are rough because they’re tough
USA caves to pressure.
Iraq Parliament votes on a basket of laws.
Pope calls on Bohener to hit the road
Watch Bonds
Countdown of parallel conversions
Exponential (gazillions) lubricating credit
AIIB reaches agreement with IMF to fix
IQD flows worldwide

Old system is out, new system is taking over.

 

 

 

Elmerf123456:  After reassuring the United States that its economy will be propped up by China, Obama has given his thumbs up to the inclusion of Renminbi into the IMF’s SDR basket of currencies.

Renminbi is the official “people’s currency” of China; Yuan is the primary unit of that currency. This will pave the way for the exclusion of the fiat dollar from the global financial system in the coming days.

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Shawn Donnan in Washington


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US officials have declared what amounts to a truce in their campaign over China’s new Asian infrastructure bank, claiming that they have secured commitments from Beijing to address Washington’s concerns as well as “meaningfully increase” its financial contributions to the World Bank and other potential regional rivals to the new institution.


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The US has declined to join the new Asian Infrastructure Investment Bank and been leading what many allies and others see as a failed campaign against it.

Together with the New Development Bank being founded with other Brics economies, the AIIB represents perhaps the most significant challenge ever mounted to the Bretton Woods international financial architecture established in 1944.

The latest move highlights how eager US president Barack Obama and his administration are to put that chapter of their engagement with China behind them and resume normal relations on the international economic stage.

During last week’s state visit by Xi Jinping, the Chinese president, the Obama administration also reiterated its pledge to back China’s bid for the inclusion of its currency, the renminbi, in an elite International Monetary Fund basket of reserve currencies as long as Beijing is declared worthy by the IMF.

Senior administration officials said that during Mr Xi’s visit, Washington had secured a pledge from Beijing to increase its financial contributions to the World Bank and regional development banks.

The first step, they said, would be an increase in China’s contribution to the International Development Association, the World Bank’s main concessional lending facility for its poorest client countries and similar ones at regional development banks.

China had also made a commitment that the AIIB, and any other new and future institutions it was involved in, would abide by the highest international environmental and governance standards, addressing what the US and campaign groups have said is one of its main concerns about the new bank.

“We feel that is extremely positive,” said one senior administration official. “That is a breakthrough.”

The commitments were laid out, albeit in vague terms, in a joint “fact sheet” about the two countries’ economic discussions during Mr Xi’s two-day visit to Washington.

In it the two countries reaffirmed their commitment to the existing international financial institutions and pledged to “further strengthen the World Bank” as well as regional banks in Asia, Africa and Latin America. “China intends to meaningfully increase its role as a donor in all these institutions,” the joint statement said.

“Both sides acknowledge that for new and future institutions to be significant contributors to the international financial architecture, these institutions, like the existing international financial institutions, are to be operated … with the existing high environmental and governance standards,” it said.

That both sides are keen to put the AIIB dispute and any conflict over the governance of the existing institutions behind them was also evident in Mr Xi’s public statements during his visit.

At a press conference with Mr Obama on Friday the Chinese president said the US and China had agreed to step up their co-operation in arenas such as the G20, World Bank and IMF.

”China is the current international system’s builder, contributor, and developer and participant, and also beneficiary,” he said. “We are willing to work with all other countries to firmly defend the fruits of victory of the second world war, and the existing international system.”

He also defended the establishment of the AIIB and Beijing’s “One Belt One Road” plan to build a new Silk Road to Europe, which many experts see as a potential strategic rival to the US-led 12-country Trans-Pacific Partnership.

“These initiatives are open, transparent, inclusive,” he said. “And we welcome the US and other parties to actively participate in them.”


Read more: http://dinarvets.com/forums/index.php?/topic/208853-white-house-declares-truce-with-china-over-aiib/#ixzz3mz0kA4su


09/27/2015 15:29 GMT

  China vows to two billion dollars to establish a fund to help developing countries

153886.jpg
  Follow-up - and babysit -Chinese President Xi Jinping pledged to establish a fund with a capital of two billion dollars to help developing countries and to increase investments in large degree.

 

Xi said, addressing the United Nations summit on development goals, the investments (in developing countries) will reach $ 12 billion over 15 years.

He added that China will fall off her debt owed to the least developed countries, including small states, which is an island.

The Chinese president said that Beijing will contribute to 600 projects in other countries over the next five years as well as provide more scholarships.

Poverty eradication

The president of China that the two issues hub all over the world at the present time are peace and development.

He added, before the summit, which was held in New York, that "in order to meet the various challenges and difficulties, we must grasp the key to development. Development alone can remove the causes of conflict."

Shi and give pledges to provide aid to a strong impetus to global objectives of the new United Nations sustainable development, as it came a day after the declaration of the commitment of all Member States a very ambitious program, according to the BBC's James Robbins in New York.

The plan, which targets the Member States pledged to implement the eradication of poverty and hunger by 2030.

Robbins added that China's extraordinary accomplishment in many families out of the cycle of poverty which is making the world public record in reducing poverty rates, according to the Millennium goals for development, substantial and tangible.


Read more: http://dinarvets.com/forums/index.php?/topic/208757-an-international-plan-to-eradicate-poverty-in-15-years/#ixzz3mz13dYd5

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Guys, let's stop the bickering. As a follower of international events, you should all be happy that you hold a currency with some real value. I am talking about holding dinar. You will see, within a relatively short window frame, that some other events will take place that will make you happy you hold dinar.

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You will see, within a relatively short window frame, that some other events will take place that will make you happy you hold dinar.

Poor Umbertino's Been 'Holding' It For 11 Years ! :o

We're All Gonna Need To Pull Into A Rest Area If This Ride Doesn't End Soon ...

:D:D:D

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Folks....out of all of Luigi's wild posts.....this is one of a few we should pay attention too.....just my opinion and my goosebumps saying so.

 

Keeping the faith.  :praying:

Freedomwish, I'm friending you for your post alone. Because you actually read it!! I read this last night and did not see the truce or debt forgiveness coming

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White House declares truce with China over AIIB

 

During last week’s state visit by Xi Jinping, the Chinese president, the Obama administration also reiterated its pledge to back China’s bid for the inclusion of its currency, the renminbi, in an elite International Monetary Fund basket of reserve currencies as long as Beijing is declared worthy by the IMF.

 

 

 

ComPLX, this truce definitely came out of left field.....but the above scoop alone, I swear I nearly fell out of my chair!  Keeping the faith!!  :praying:

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