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Luigi says we have conflicting reports.
China owns the world...calls all the shots...in charge of RV.
Four of China's largest banks on verge of collapse.
BOC infuses $100s of Billions to avoid runs on the banks.
It looks like China is out of bargaining chips.
11-1-2019 Intel Guru MarkZ [via PDK] November - the month I never thought we would hit…We are hearing the Chinese took over last night around midnight and they already have a solid plan to get things rolling over the next 24 hours or so. And could be as early as just hours away. The US loses 2% but it will not affect anything on our side of the exchange or the rates. We are all watching today daggone closely...
Domino #2: Chinese Bank With $105 BN In Assets On Verge Of Collapse. Beijing has had its hands full with avoiding a bank run in the aftermath of Baoshang Bank's failure, scrambling to inject massive amounts of liquidity last week in the form of a 250 billion yuan net open market operation to thaw the interbank market which was on the verge of freezing, and sent overnight funding rates spiking and bond yields and NCD rates higher. Trump blamed over US-China Trade War.
this latest just in...
Could Iraq be in final testing the banking system for the big one?
7-18-2018 Newshound Guru MilitiaMan Article: "Central: Sirens fired at the pool of banks of training practices will last for two days" Quote: "The Central Bank of Iraq, on Wednesday, that the warning sirens launched at the banks complex...training practices will continue for two days" ..."The warning sirens launched at the banks complex...is one of the training practices carried out by the Department of Civil" This is telling us imo, that they are as of today and tomorrow testing the system for the big day.. Jurassic park styled, test the fencing..Imo.
All these articles should be of Dinarian interests.
Not varified. Your opine.
2017/11/18 8:04 rumors from around the web...
Rafidain Bank announced the opening of its new branch in the Jordanian capital Amman to provide banking services to Iraqi citizens residing in that country.
“The new Rafidain branch was opened in Sweifieh in the Jordanian capital of Amman in a move that the bank has taken towards leadership, progress and financial coverage,” the bank’s information office said in a statement received by the agency.
He pointed out that “the branch provides financial services and facilities for citizens from the payment of salaries and the opening of current accounts and savings and bank deposits.”
18 Nov 2017 The United Nations has advertised new positions in Iraq:
Finance and Administration (F&A) Manager, International Business & Technical Consultants, Inc. (IBTCI) Movement Control Assistant, United Nations Assistance Mission for Iraq (UNAMI)
11-18-2017 Newshound/Intel Guru xxxx
Article: "(IBAN) IN BANKING TRANSACTIONS" Quote: "IBAN is a mandatory requirement to send and receive money domestically and internationally safely, accurately and quickly in accordance with international banking regulations" A few weeks ago they implemented SWIFT and it is mandated by the end of 2017 for all banks in Iraq. So now we see IBAN also in use as it is also a worldwide banking standard. Both of these banking requirements are mandatory if you are going to do international banking. Does anyone remember way back to 2012? The minister of Finance then told us then that IBAN was coming that year, but due to corruption they delayed the banking reforms until later. Now we see it.
27 Aug 2015...Intel Newshound Energysparkles...
WENT TO WELLS FARGO TODAY FOR BUSINESS I HAD TO TAKE CARE OF AND TALKED TO THE BANKER AND ASKED IF THIS BRANCH CAN EXCHANGE FOREIGN CURRENCY. SHE SAID YES BUT NOT ON CHANGE ONLY BILLS. I ASKED WHO WOULD I SEE ABOUT THAT. SHE THEN STATED THAT THE PERSON OVER THAT IS IN A TRAINING CLASS TODAY AND WILL BE BACK IN THURSDAY.
I SAID REALLY WHY WOULD SOMEONE IN CHARGE OF THAT HAVE TO BE TRAINED AND SHE SAID BECAUSE THERE WAS SOME NEW CHANGES HAPPENING AND SHE WILL BE COMING BACK AND TEACHING EVERYONE ELSE IN THE BRANCH.
THEN I ASKED WHY WOULD EVERYONE NEED TO KNOW HOW TO EXCHANGE FOREIGN CURRENCY. SHE UNDERSTOOD THAT THERE MY BE A LOT OF PEOPLE COMING IN WITH DIFFERENT CURRENCIES SOON IS ALL SHE KNEW….LOLOL DO WE KNOW WHY……LOL LOL.
I WAS JUST SO HAPPY TO HEAR SOMETHING GREAT FROM WELLS FARGO TODAY I HAD TO SHARE.
Testing the Rocker Badge!
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