IRAN DATING BACK TO THE BANKS LINK THE WORLD WITHIN WEEKS

[yota691]

IRAN DATING BACK TO THE BANKS LINK THE WORLD WITHIN WEEKS

 

 

Published on: 24/01/2016 12:00 AM

"> London - Reuters - head of the Middle East, Iranian bank told Reuters that international banks are preparing to restore relations with the Iranian counterparts using the Society for Worldwide Interbank Financial Telecommunication System (Swift) cash transactions. 
But it is likely to link with international banks needs to be at least two weeks. and will allow the move of Iranian banks to deal with the global banking system for the first time since the imposition of international financial constraints in 2012. 
The nuclear deal between world powers and Iran to abolish the restrictions that were imposed on the banking system and the sectors of insurance and freight at the beginning of this week, in addition to the abolition of restrictions It was imposed on the export of oil.

 

[MyLadiesDaddy]

   WOW and Iraq can't get this done in 11 yrs? 

[eburt]

Maybe Iran will show Iraq how to do things the right way.

[10 YEARS LATER]

   WOW and Iraq can't get this done in 11 yrs? 

Compared to the Epic foot dragging Iraq - Iran is going to do this in the blink of an eye. WOW & WOW again

[markb57]

Iraq's corruption by ALL those in govt is to great. 

[Freedomwish]

   WOW and Iraq can't get this done in 11 yrs? 

 

Dude!!  This had been baffling to me too!! I just don't get it!!  

Check it out!! http://dinarvets.com/forums/index.php?/topic/208358-iranian-rial/page-6

[Badrabbit]

Maybe it is a plan by the real Powers of the World Banking System to "reset" all the Middle East all at the same time???

 

ooohhh Hell-I hope this does not make Me a Guru! (almost a prediction in there somewhere)

[Freedomwish]

Maybe it is a plan by the real Powers of the World Banking System to "reset" all the Middle East all at the same time???

 

ooohhh Hell-I hope this does not make Me a Guru! (almost a prediction in there somewhere)

 

Hey, I'll ride along that theory...who knows? 

[wildeman]

I hear ya LGD. Does anyone know where/how to get there currency? Hope they don't revalue before Iraq but who knows.

[yota691]

Maybe it is a plan by the real Powers of the World Banking System to "reset" all the Middle East all at the same time???

 

ooohhh Hell-I hope this does not make Me a Guru! (almost a prediction in there somewhere)

Its does seem that way, but it just not the Middle East...it's Globally 

[dinarbeleiver]

Its does seem that way, but it just not the Middle East...it's Globally 

is North Korea included in all this ?

[yota691]

Its does seem that way, but it just not the Middle East...it's Globally 

The $2 Trillion Gift From Oil Companies To Consumers

    

By Michael McDonald

Posted on Thu, 04 February 2016 22:29 | 3

 

One of the biggest mysteries of the last quarter is why the economy seems so weak. Sure, Chinese economic growth stinks, and Europe continues struggling with its own problems, but none of that should have a dramatic effect on U.S. growth. More importantly, U.S. consumers should have a tremendous amount of increased spending power thanks to gas prices that are the lowest they have been in a decade.

Yet U.S. stocks are in doldrums and analysts are increasingly predicting at least a slim chance of a mild recession this year. The benefit to consumers from low oil prices does not seem to be having the expected positive impact. Economists first started noting that last summer, and as oil prices have continued to fall, consumers have gotten richer, but no less frugal.

 

The aggregate market valuation of all U.S. stocks is roughly $26 trillion. Energy stocks make up about 10 percent of that. Yet since November 2014, energy stocks have lost average of about half their total value. This $1.3 trillion hit to the overall market cap of energy stock companies has transferred wealth from oil producers to consumers. Despite that, low oil prices are now being seen as a negative for the broader economy.

To get another view on how massive the wealth transfer has been for consumers, think about how much oil is produced per day. Around the world, production was roughly 94 million barrels per day for 2015. This production level should increase modestly in 2016 according to the EIA. With oil prices now around $20-$30 a barrel compared to $70-$80 a barrel a few years ago, consumers are saving roughly $50 per barrel of oil per day. Running through the math, that totals almost $2 trillion dollars per year in wealth that previously was flowing into oil company coffers and now goes elsewhere. This price boon may not last forever, but with oil prices already lower for longer than many expected, guessing when prices will rebound is a risky game.

is North Korea included in all this ?