BGG says they need a rate before next year.

BGG the article…yesterday states “…the deletion of zeros from the Iraqi currency will be working by next year…” for that to happen – as in… “…by next year…” they need a rate BEFORE NEXT YEAR – as in sometime soon – or THIS YEAR…and since this is late OCT – that leaves a very short window for them to get this project started. [ I had thought the deletion of the 3 zeros could be the same as an RV, but I guess they are separate?] Same – same – the deletion of the zero’s is the whole project of “buying back” the notes… they have to have a rate to start things off.

 

Gold futures rise but upside seen limited

Investing.com –

Investing.com – Gold prices was higher in early European trade on Friday, but gains were expected to remain limited as Thursday’s upbeat U.S. jobless data continued to weigh on the precious metal.

On the Comex division of the New York Mercantile Exchange, gold for December delivery traded at $1,232.90 a troy ounce during European morning trade, up 0.30%.

The December contract settled 1.32% lower on Thursday to end at $1,229.1 a troy ounce.

Futures were likely to find support at $1,222.00, the low from October 15 and resistance at $1,244.90, Thursday’s high.

Demand for the safe-haven asset weakened after a report on Thursday showed that U.S. initial jobless claims rose last week, but the underlying trend indicated improving labor market conditions.

The Department of Labor said the number of Americans filing for initial jobless benefits in the week ending October 18 increased by 17,000 to 283,000, broadly in line with forecasts.

However, the four-week average fell to 281,000, the lowest since May 2000, while continuing claims, which counts people receiving benefit for at least the second month in a row, also hit a 14-year low, of 2.35 million.

Traders were now turning their attention to an upcoming report on U.S. new home sales due later in the day for further indications on the strength of the housing market.

On Tuesday, the National Association of Realtors said that U.S. existing home sales increased 2.4% to a 5.17 million units last month from 5.05 million in August. Analysts had expected existing home sales to rise 1% to 5.10 million units in September.

Elsewhere in metals trading, Comex, silver for December delivery gained 0.55% to $17.250 a troy ounce, while December copper edged up 0.12% to trade at $3.044 a pound.

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Crude oil reverses overnight gains as Ebola concerns weigh

Investing.com –

Investing.com – U.S. oil futures dropped on Friday, reversing sharp overnight gains as reports of a new case of Ebola in the U.S. weighed on risk sentiment.

On the New York Mercantile Exchange, crude oil for delivery in December traded at $81.37 a barrel during European early afternoon trade, down 0.72$ or 0.88%.

Prices jumped 1.57$ or 1.95% on Thursday to settle at $82.09.

Futures were likely to find support at $80.05 a barrel, Thursday’s low and resistance at $83.15, the high from October 22.

Oil prices weakened after The New York Times reported earlier Friday that a doctor in New York City, identified as Craig Spencer, tested positive for the Ebola virus after returning from treating patients in West Africa.

The first confirmed case in America’s largest city sparked fresh concerns over the spread of the virus, weighing heavily on risk-related assets.

Crude futures has strengthened on Thursday after Saudi Arabia said it cut crude oil production by about 328,000 barrels in September to a total of 9.36 million barrels.

Concerns over weakening global demand combined with indications that the Organization of the Petroleum Exporting Countries will not cut output to support oil markets have weighed on prices in recent weeks.

OPEC oil output hit a two-year high of 31 million barrels per day in September, led by higher production from Iraq and Libya.

Some market analysts believe that only a cut in production by the oil cartel will halt the decline in prices.

Oil ministers from the 12-member group are scheduled to meet in Vienna on November 27 to consider whether to adjust their production target for early 2015.

Elsewhere, on the ICE Futures Exchange in London, Brent oil for December delivery dropped 0.70$, or 0.81%, to hit $86.13 a barrel.

The spread between the Brent and the WTI crude contracts stood at $4.76.

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Millionday Friday Night News Part 2

Millionday News 10/24/14  Part 2
    Welcome to dinarupdates.com for news time with Millionday!
  

    Millionday: NOTE — IT NEEDS SOME SIMPLE MODIFICATIONS
    Millionday: NOTE — THIS IS WHAT THEY ARE WORKING ON

    Millionday: The deputies stressed that differences of oil between Arbil and Baghdad will end according to Articles 111 and 112 of the Iraqi Constitution, as stipulate that oil and gas belongs to all Iraqis,

 and that the federal government in coordination with the oil-producing provinces are drawn oil policy strategy to achieve the greatest benefit for the Iraqi people.

    The draft law of oil and gas on the table heads of blocs.
~~~
     Millionday: SO THEY ARE WORKING ON IT NOW — ALONG WITH THE SPEED WE HAVE BEEN SEEING WITH ALL THEY HAVE HAD GOING ON IT APPEARS –

    faith1: could that translation have meant bloc heads ? sorry i’m not right

    Millionday: THAT WAS LAST YEAR    SMILE

    slh5282: SO IT APPEARS THERE IS JUST A SMALL ADJUSTMENT AND EVERYONE WILL BE SATISFIED WITH THE HCL SO IF THE HCL IS AGREED ON AND ALL OF THE GOVERNMENT IS IN PLACE, IT SHOULD MOVE PRETTY QUICK, CORRECT?

    Millionday: IT SURE DOES LOOK VERY ENCOURAGING WE CAN KNOW THAT — FULL GOI AND HCL AND CBI READY IS CERTAINLY NOT BAD NEWS FOR US — SMILE

    Millionday: I READ A REPORT THE YESTERDAY ABOUT THE ATTACKS OF ISIS –

 THEY STATED THAT THEY AD GONE INTO A COUPLE BANKS AND ROBBED THEM — AND THEY DID NOT UNDERSTAND WHY THE BANKS HAD SO MUCH MONEY IN THEM — THEY WERE LOADED — SMILE

    carpet: Don’t they have to have some kind of reality rate to open the HCL

    to have enough money to pay the people

    Millionday: I WOULD SAY THIS — THE OIL FUNDS TO THE CITIZENS THAT IS PROMISED GOES TO ALL CITIZENS THAT WILL BE DISTRIBUTED FUNDS RIGHT? ON THE SMART CARDS/VISA –

 THE THING IS THEY ARE NOT ALL IN IRAQ AND THE CARDS SHOULD BE USABLE ANYWHERE THEY ARE SO THEY WOULD NEED A REALITY RATE TO DISTRIBUTE FUNDS LOGICALLY

    Millionday: THE HCL WILL BE FUNDED BY A REALITY RATE — NOT AN IMPOSED RATE

    clay: if isis robbing banks y rv

    Millionday: SO THE FUNDS THEY HAVE NEED TO BE EXCHANGED AND THE ENTIRE ECONOMIC REFORMS WITH THE BANKING REFORMS ARE DONE AND IRA IS INTERNATIONALLY RECOGINZED

SO THEY CAN ACTUALLY MAKE GLOBAL MARKET FUNDS WITH THEIR INDUSTRIAL ACTIVATION

AND AGRICUTURAL ACTIVATION THAT IS COMPLETE — THE NEW DINAR IS SECURE AND THEY WILL HAVE A TIMELINE LISTED TO EXCHANGE

    Millionday: BRB WITH MORE

    Millionday: BRUSSELS: French President Francois Hollande said Friday that operations will be stepped up against ISIS in Iraq, which must be “struck hard”.

    “The pace of our actions is going to speed up. We have collected all the information necessary,” Hollande said, when asked about recent French operations in Iraq as part of a US-led coalition air campaign against ISIS fighters.

    Millionday: SO THE 120 HITS THIS MORNING WAS JUST WARMING UP — NOW THE TROOPS ARE COMING IN WITH GREAT SPEED

    hotbunny: Or we still in a good window up to the 31st of this month tks

    Millionday: WE ARE IN A GREAT WINDOW FROM THE MOMENT THAT CBI STATED THEY WERE READY AFEW DAYS AGO

    Millionday: I MEAN THEY STATED IT IN INK — SO I WOULD HAVE TO SAY IT IS A GREAT PLACE FOR US TO BE — WE HAVE NEVER HEARD THAT BEFORE

    Millionday: OK BRB WITH MORE

    Millionday: MP for the Patriotic Union of Kurdistan Nawzad Messenger said Kuwait expressed its willingness to extinguish the debt owed by Iraq in the event that the Security Council to complete the legal procedures, noting that a delegation of the Kuwaiti National Assembly, will visit Iraq soon.

    Millionday: NOTE — WE SAW TODAY THAT IRAQ CAME BACK FROM KUWAIT TODAY AND HAD SOME KUWAITI REPRESENTATIVES WITH THEM –

    Millionday: NOTE — KUWAIT HAS STATED THAT THEY ARE PUTTING THE PAST BEHIND THEM AND ARE ALSO READY TO HAVE HUGE RELATIONS WITH IRAQ

    Millionday: According to the Messenger in a press statement today, seen by agency Nun news reporting, “said the Kuwaiti side told us during our recent visit to Kuwait within the parliamentary delegation, that Kuwait is ready to extinguish what owed by Iraq of debt,

but the Security Council is that impedes the matter until now because of legal and technical procedures, noting that Kuwaiti investment suggested opening the doors in front of the Kuwaiti companies as an alternative to the amount of the remaining six billion dollars owed by Iraq

    Millionday: NOTE — THEY ARE STATING THAT KUWAIT IS WILLING TO FORGET SIX BILLION DOLLARS BY TRADE AGREEMENTS

    Millionday: He explained that the Messenger of Kuwait also expressed its willingness to aid the displaced and displaced Iraqis in all Iraqi provinces,

 through the adoption of non-governmental organizations take it upon themselves to expedite the relief of displaced families, which is now under the threat of rain at the beginning of the winter season.

    Millionday: NOTE — THEY ARE EVEN WILLING TO COME AND HELP THE DISPLACED FAMILIES — WOW

    Millionday: He pointed out that it was agreed between the delegation of the Iraqi parliament and the Kuwaiti National Assembly on the visit of a delegation from the National Assembly of Iraq in the coming days to promote parliamentary cooperation frameworks in order to serve the common interests of the two brotherly peoples.

    Millionday: SO THE PROMOTION IN THE “COMING DAYS” IS THE FRAMEWORK AGREEMENT — THEY HAVE MANY INCLUDING WITH THE US — THEY ALL INCLUDE TRADE AND AGREEMENTS — WHOOPOW

    Millionday: COOPERATION AND KUWAIT AND IRAQ IN THE SAME STATEMENT IS MANY YEARS IN THE MAKING AND WHY THEY WERE UNDER SANCTIONS —- SMILE

    Boomshakalaka: how much money do you have to have to forgive someone 6 billion?

    Millionday: MUCHO    SMILE    THAT REGION IS LOADED

    Faith1: forgive the debt ,, if the doors are opened in front of Kuwaiti companies ??

    Millionday: NOTE — THEY ARE STATING THAT KUWAIT IS WILLING TO FORGET SIX BILLION DOLLARS BY TRADE AGREEMENTS

    Millionday: noting that Kuwaiti investment suggested opening the doors in front of the Kuwaiti companies as an alternative to the amount of the remaining six billion dollars owed by Iraq.

     Millionday: NOTE — THAT IS THE WAY IT IS TRANSLATING –

 IT WOULD MEAN OPENING THE DOORS OF TRADE WITH THEIR (KUWAIT) COMPANIES –

 THAT WOULD BRING TRADE AND JOBS AND ALSO A BROTHERHOOD TO HELP THEM BOTH

    Millionday: THERE HAVE BEEN MANY YEARS OF ISSUES –

HEADACHES AND PROBLEMS AND MEETINGS — ALL COSTLY ANYWAY YOU LOOK AT IT

    Millionday: SO WHY NOT JUST MAKE SOME MONEY TOGETHER ? — SOUNDS GOOD

    Millionday: THIS IS HUGE

    Millionday: ALL ISSUES RESOLVED

    wmawhite Millionday: True…….but I still wonder what Kuwait gets from the agreement that is worth the $6 billion…..

    Millionday: I WOULD SAY PROBABLY A GREAT TRADE ARRANGEMENT IN SOME OF THE INDUSTRY THEY CAN BOTH BENEFIT FROM — IRAQ DOESNT JUST GIVE ANYTHING AWAY — OR KUWAIT AS WE HAVE SEEN — SMILE

    Millionday: LET ME MAKE SURE I DIDNT MISS ANYTHING THAT IS ACTION

    BRB

    wmawhite: Yep,…………just wondering exactly how Kuwait recovers the $6 billion.

    Millionday: NEWSTIME IS DONE

    Millionday: WE WILL SEE EVERYONE FOR NEWSTIME AT 730 EST TOMORROW AND TRY IT AGAIN

    http://www.dinarupdates.com/observer/

    http://www.dinarupdates.com/blog/

http://www.dinarupdates.com/showthread.php?14657-Millionday-News-10-24-14

Millionday Friday Night News Part 1

Millionday News 10/24/14   Part 1

    Welcome to dinarupdates.com for news time with Millionday!

    msdiva did you post this in dd

    Millionday WHAT IS DD?

    msdiva Is the HCL done?

    Millionday: THE ISLAMIC BANKS HAVE ANNOUNCED THAT THEY ARE EXPANDING AS PLANNED ALL THE IRAQI BANKING OUT TO THE GLOBE AT ALL THEIR LOCATIONS — THIS WILL REQUIRE EXCHANGE RATES.
~~~
     [Q. So the HCL including the Article 140 is done, passed and voted on?]

    A. THEY HAVE STATED THAT THE HCL IS DONE.

    Millionday I DONT POST ANYWHERE BUT HERE

    MilliondayLET ME HAVE THE FLOOR

    Millionday NO ONE HAS USED MY NAME ON THAT THEY HAVE TAKEN A COUPLE DIFFERENT COMMENTS AND PUT THEM OUT THERE ABOUT IMPORTANT TOPICS —

THE TRUTH IS THAT YES THE ISLAMIC BANKS HAVE ANNOUNCED THAT THEY ARE TAKING IRAQI BANKING OUT TO THE GLOBE AND

    Millionday ALSO THE HCL WAS REPORTED TO BE DONE — IT WAS IN MULITPLE REPORTS —

HOWEVER THE HCL IS NOW BEING CHANGED FOR ONE PROVINCE AND THEY HAVE STATED THAT IT IS VERY SMALL AND IT IS IN ROUNDTABLE TODAY THAT THEY WERE WORKING ON IT TODAY

    msdiva thanks MD i just didnt want to think someone used your name on these sites just wanted to check it with you

    Millionday I WANTED TO MAKE CLEAR THAT WE RESPECT ALL SITES AND NOT LET ANYONE MUSUNDERSTAND THAT SOMEONE HAS USED MY NAME

OR THAT THEY HAVE STATED SOMETHING WRONG –

IT IS JUST PIECES FROM TWO COMMENTS I MADE AND THEY ARE RIGHT I SAID THAT

    Millionday SO THANK YOU FOR ASKING —- SMILE   BRB WITH NEWS

    Millionday: NOTE — I WANTED TO BRING THIS BECAUSE IT HAS SOME GREAT POINTS IN IT AND ALSO KNOW IT IS THE END OF OCT

    Millionday: The Commission on the economy and investment in the Iraqi parliament that the deletion of zeros from the Iraqi currency will enter into force next year,

noting at the same time it will be discussed during the coming period, the laws pertaining to banks, and the central bank, and the fight against money laundering.

    A member of the committee of economy and investment in the Iraqi parliament, Jawad al-Bolani, said that ‘the deletion of zeros from the Iraqi currency will be it next year’, according to agency Anatolia

    Millionday: NOTE — THESE LAWS ARE ALL DONE AND CBI HAS ANNOUNCED THAT THEY ARE READY FOR THE REMOVAL OF WHAT THEY CALL THE THREE ZERO CURRENCY FROM THE CHANGE IN 2003

    Millionday: The Iraqi government project about deleting three zeros from the Iraqi currency to reduce inflation is winning the currency had been postponed.

    He said al-Bolani, in a press conference held in the building of the Iraqi parliament, the foreign exchange reserves in the Central Bank of Iraq amounted to 76.3 billion dollars, with the currency markets is estimated at about 40 trillion Iraqi dinars

    Millionday: NOTE — THE IRAQI GOV DOES NOT HAVE A PROJECT TO DELETE THE THREE ZERO CURRENCY

    Millionday: AND I WILL SHOW YOU

    Millionday: According to Bolani he will discuss some of the laws that would ‘promote the Iraqi economy’ he said, and he mentioned the laws of the banks and the Central Bank and the Money Laundering Act.

    Millionday: NOTE — HERE IS WHAT I MEAN >>> It is noteworthy that the Iraqi Central Bank authority independent of the government is not entitled to state intervention work, under Iraqi laws.

    Millionday: NOTE — THE THING IS THAT THE CBI HAS BEEN INDEPENDENT AND IS —

 THE WORLD BANK HAS WARNED THE IRAQI GOV OF INTERFERING IN THE CBI WORK –

 SO YES IT IS NOTEWORTHY — ALTHOUGH IT IS IMPORTANT TO THE GOV —

CBI HAS THE POWERS AND CAN CHANGE THE RATE WHEN THEY ARE READY — PERIOD

    larrykn: but can’t the government ask the cbi to do certain things like raise the value

    Millionday: YES THEY CAN ASK AND THEY HAVE MET FOR THREE DAYS — I AM NOT SURE IF THEY ARE STILL MEETING BUT AS OF WED THEY HAD MET FOR THREE DAYS ON THE CURRENCY

    poppy3: ISNT THEIR NEW YEAR BEGINNING ON OCT 26 AND DO YOU THINK THEY WILL START REMOVING THEM ON THE 26 OR LATER IN THE YEAR AMEN HAPPY NEW TEAR. POPPY3

    Millionday: THEIR NEW YEAR IS TODAY — THE 24TH

    slh5282: IS THE ISX STILL SLATED TO GO BACK ON LINE THE 26TH

    Millionday: YES THE ISX IS PLANNED TO BE BACK ON LINE THE 26

    Millionday: THEY DID NOT GIVE A DATE FOR THE ISLAMIC BANKING TO TAKE THE IRAQI BANKS GLOBAL

    Millionday: BUT WOULDNT THAT BE A HUGE WHOOOPOW

    Millionday: BRB WITH MORE

    Millionday: Prime Minister Haider al-Abadi, said Thursday that the security situation in the province of Karbala is under control, as pointed out that some of the actions necessary to protect visitors.

    Ebadi said during a joint news conference with the leaders of the Middle Euphrates and Karbala police and attended by Alsumaria News “,” assure visitors that the security situation in Karbala is under control. “

    The Prime Minister pointed out that “some of the actions necessary to protect the city of Karbala and visitors.”

    Millionday: The prime minister arrived Haider Abadi earlier on Thursday (23 October 2014), to the city of Karbala, and was welcoming to a number of officials in the governorate, holding Abadi after arriving consultative meeting closed in building the province of Karbala to discuss the security situation and threats, “terrorist.”

    Millionday: AS WE SAW TODAY THE MILITARY ACTION IS HUGE HUGE AND IS MORE THAN DOING A GREAT JOB AND THIS WAS STATED BEFORE TODAY — LAST NIGHT

    Millionday: BUT THE 12 STORAGE BUILDINGS FOR ISIS /DAASH WAS DESTROYED TODAY (THIS MORNING) BY FRANCE — SMILE

    Millionday: ALL WEAPONS AND ETC — SO HUGE SUCCESS IS HAPPENING

    carpet: Is it still your opinion we will have a reality rate

    when the ISX comes back up even though I know this Iraq

    Millionday: NO — MY OPINION IS THAT WHEN THE ISX GOES GLOBAL THEY WILL HAVE A REALITY RATE — THEY MAY BE ABLE TO NOT GO GLOBAL ON THE 26TH AND JUST BE READY BUT –

THIS IS A HUGE OIL PRODUCING COUNTRY WITH GLOBAL MARKET ON ISX AND ALSO THEY HAVE TO HAVE FAIR PRICING FOR INTERNATIONAL GLOBE

    Millionday: WE DO NOT KNOW FOR A FACT THAT ON THE 26TH THE ISX IS GOING GLOBAL UNTIL WE SEE IT

    faith1: isn’t that what the x-stream format is for isx ,,, global??

    Millionday: YES THAT IS WHAT IT IS FOR — IT IS THE CONNECTION OMX NASDAQ X-STREAM

    vanessa123: MD, we know that Iraq wants to revalue, is there anything holding them back from going global on the 26Th if the isx is ready?

    Millionday: NOT THAT I SEE — CBI HAS STATED THAT THEY ARE READY AND THE LAWS IN PLACE ARE ALL ENOUGH TO BRING IN MAJOR MARKET ECONOMY CONTRACTS –

WE JUST DONT KNOW THE DATE FOR A FACT AND I DONT GUESS WITHOUT INK — SMILE

    Millionday: HERE WE GO WITH THIS SMALL THING AND THEN I WILL BRING THE HCL

    Millionday: Cabinet: on Saturday a public holiday to mark the Islamic new year

    The General Secretariat of the Council of Ministers that the head of the Islamic year will be on Saturday 10/25/2014, a public holiday.

    Pablo: They keep talking about deleting the zeros in the new year, are we to assume that they meant the Muslim new year?  

  Millionday: WE DONT KNOW FOR A FACT WHEN THE DATE IS  WE ARE TO NEVER ASSUME  SMILE

    Pablo: True, but they would typically relate to their own calendar rather than ours, wouldn’t they?

    Millionday: PABLO — WE CAN HOPE

    The Shoe: Do the zeros have to drop at the same time as the rv?

    Millionday: THE THREE ZERO CURRENCY WOULD BE USELESS WITH THE IMPOSED RATE OF 1166 CHANGE TO A MORE NATURAL RATE AS THEY CALLED IT —-

 HISTORY HAS SHOWN THEY HAVE CARRIED FROM 2$ TO 3$ + —

 BUT THEY WILL CALCULATE TO COME UP WITH THE REALITY RATE OF IRAQ AT ITS PRESENT TIME SO NO ONE KNOWS WHAT THAT WILL BE AT THIS TIME UNTIL IT IS RELEASED

    Millionday: HERE WE GO

    Millionday: NOTE — THIS IS THE HCL NEWS

    Millionday: The Commission on oil and energy in the House of Representatives, said that negotiations are currently underway between the leaders of the blocs to reach agreement on a final version of the draft law of oil and gas, oil and an end to the dispute between the federal government and the Kurdistan Regional Government.

    He told committee member Hussein by Radio Free Iraq that “the Commission is considering the possibility of drafting a new oil and gas law satisfies all parties.”

    Millionday: The last part of stressed member of the Kurdistan Alliance, Mahmoud Othman on the need to speed up the adoption of a new law for oil and gas to resolve all differences between the government and the provincial government Alathadbh.

    To see that the legal expert Tariq Harb said that “the draft law of oil and gas as the previous need some simple modifications,” explaining that “the adoption of this law will establish the Council of federal oil, which would end the differences between the parties relating to oil all”

Comments may be made at the end of Part 2  Thank You

Belgium NBB Business Climate -6.8 vs. -7.6 forecast

Investing.com – Confidence among Belgian business leaders rose unexpectedly in the last quarter, official data showed on Friday.

In a report, National Bank of Belgium said that Belgium NBB Business Climate rose to -6.8, from -7.2 in the preceding quarter.

Analysts had expected Belgium NBB Business Climate to fall to -7.6 in the last quarter.

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Friday Night Dinarland Chatter

Stage3alpha:

R.V. / GCR October 24, 2014 at 6:22pm SECRET i WAS JUST TOLD TUESDAY BANK……FROM SOURCE

THE REPUBLIC IS STANDING UP TO THE CABAL AND THEIR EBOLA SCARE…NOW

HAPPY TIMBERDAYS………………………………………………………………..PT

R.V. / GCR October 24, 2014 at 6:57pm  WHY TUESDAY?….We have been told of select contract exchanges and some  transactions  ll begin as early as this evening continuing thru this weekend.

We are also advised that group exchanges are to begin payout after 48 hour hold from treasury to the paymaster level along with contract payments on TUESDAY.
….

WitchiePoo > R.V. / GCR Actually I was told that those “select contract exchanges and transactions” have been ongoing for quite some time. I also heard that the hold has previously been lifted and it can go at any time. I think we will be in the banks well before.

Underdog >
R.V. / GCR So I can only guess the dealers and banks will stop selling currency and reserves if this 48hrs hold was initiated? Witchy poo says she heard no 48hr. Hold….better for us in going to bank sooner than later.

R.V. / GCR
> Underdog I was told that the admiral has not gone in yet that the codes are logged into the treasury this has not started yet they are expecting for the admiral to go in between now and sunday at 6:00 pm is what the assumption is and when he signs thats when the 48 hour hold will start

**********

Austin-Powers-For-PM > R.V. / GCR Here’s the question.  Will we have definitive proof of this happening before Tuesday?  Maybe, say, on Sunday morning when the new ISX goes live with it’s updated software?

WitchiePoo > Austin-Powers-For-PM I dont think we will have any “proof”. I think we will make our appts prior to any of that being visible to John Q Public

**********

Don    Zimbabwe: Govt, IMF in Talks – Oct 23,2014 -
http://allafrica.com/stories/201410231491.html

Dave > Don Yea I read somewhere they wanted to use only their own currency .I guess they hopping on the band wagon go rv !

*************************

I4U:

[pursuitoftruth] Well JCR had a tweet. He left TNT some time ago but he was on his intel team. I am not sure why some of his intel team split.

JCR said in a tweet. JC ‏@JCR3758 4:08 p.m. est – Four days ago I said GOI fully seated, Budget done, HCL ready.

Glad to hear others now getting same Intel. The 2014 budget was passed with old rate. The 2015 is completed and will be passed this weekend with the new loaded rate. pt 1

The rollout to the public should start by Tues and possibly be announced Mon. Gov debts and special programs being done now.

Get ready and be grateful for what you have. Don’t get caught up in the hype. Up to you who you listen to info here is free.

Everything is being done now..live. Make sure you hold on to your currency. Protect your money and future. Your in control. More to come as confirmed. – pt 2!

[pursuitoftruth] I pass this on because I really like JCR. We all need the encouragement to keep our spirits up and it is good to hear from others.

**********

[BigDog-OH] China Pushes Regional Bank Without South Korea, Australia   http://www.bloomberg.com/news/2014-10-24/china-pushes-regional-bank-without-south-korea-australia.html

[xyz] Three major nations absent as China launches World Bank rival in Asia Reuters Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday    http://finance.yahoo.com/news/three-major-nations-absent-china-launches-world-bank-035238571–business.html


KTFA:

Frank26:  Yes we seek to see if the ISX comes back online Sunday…….. Or not…….. Then also to see if they have a new rate.

But You MUST remember …….. The ISX has NOTHING to do with the raising of the dinar’s value. ONLY the CBI.

 Even if no rate Sunday …….. REALIZE that the ISX is now ALSO among a list of prepared and readiness for an increase in the IQD value. All of this in an envelope of ……… STABILITY … SECURITY … and our TROOPS … Pure Lava !!!

Love You KTFA FAMILY ……… KTFA,    Frank

**********

Showgirl : Backdoc, I agree with you that we can all help each other with the new financial reality coming. Since we were attracted to an investment that most people called a scam, we were already thinking outside the traditional financial planning.

That is the reason I am attracted to your postings because you think outside the traditional box and look at the complete global picture  …

Keep up with your knowledgeable postings.   Showgirl

**********

backdoc » October 24th, 2014, 6:08 pm   THANK YOU

THE NEW REALITY I MENTION IS THE PROCESS OF HOW THE IMF RESTRUCTURES THE SDR FORMAT.

IF CHINA COMES INTO THE SDR FORMAT LIFE CHANGES AS WE KNOW IT SINCE THE EMPIRE AS WE KNOW IT CHANGES!

WALKINGSTICK HAS SENT US PLENTY OF INFO ON THIS NEW REALITY COMING BY EVIDENCE OF CHINA’S CURRENCY TRADING NOW ALMOST WORLD WIDE.

ALSO THE LATEST OF CHINAS BOND GROWTH AS EVIDENCED BY BONDS IN EUROPE AND NOW CANADA.

WHEN CHINA RESTATES ITS GOLD RESERVES NEXT YEAR I EXPECT BIG CHANGES. THESE CHANGES AFFECTS WHERE MONEY GOES ON THE GLOBE AND WHY!!

DOC

U.S. stocks rise on earnings, shrug off data, Ebola fears; Dow up 0.76%

Investing.com –

Investing.com – U.S. stocks rose on Friday applauding a fresh batch of positive third-quarter earnings, which gave investors room to shrug off soft home sales data and a new case of Ebola diagnosed in the United States.

At the close of U.S. trading, the Dow 30 rose 0.76%, the SP 500 index rose 0.71%, while the NASDAQ Composite index rose 0.69%.

The CBOE Volatility Index index, which measures the outlook for market volatility, was down 2.54% at 16.11.

Stocks rose as investors cheered better-than-expected earnings from Microsoft and Procter Gamble one day after 3M Company (NYSE:MMM), General Motors Company (NYSE:GM) and Caterpillar Inc (NYSE:CAT) beat consensus forecasts, giving investors room to shrug off soft home sales data.

The Census Bureau reported earlier that U.S. new home sales rose 0.2% in September to 467,000 units, missing expectations for an increase to 470,000 units.

The August figure was downwardly revised to a 15.3% climb to 466,000 units from a previously estimated 18.0% jump to 504,000 units.

Still, a longer-range view of economic indicators still points to a sustained U.S. recovery, including in the housing sector.

Earlier in the week, the National Association of Realtors reported that U.S. existing home sales increased 2.4% to a 5.17 million units last month from 5.05 million in August. Analysts had expected existing home sales to rise 1% to 5.10 million units in September.

Elsewhere, a doctor who recently returned from Guinea tested positive for Ebola in New York City, though expectations for authorities to contain the virus gave investors room to focus on earnings and stocks room to rise.

Leading Dow Jones Industrial Average performers included Microsoft Corporation (NASDAQ:MSFT), up 2.45%, 3M Company (NYSE:MMM), up 2.44%, and Procter Gamble Company (NYSE:PG), up 2.31%.

The Dow Jones Industrial Average’s worst performers included Visa Inc (NYSE:V), down 0.39%, Chevron Corporation (NYSE:CVX), down 0.26%, and International Business Machines (NYSE:IBM), down 0.08%.

European indices, meanwhile, ended the day lower.

After the close of European trade, the DJ Euro Stoxx 50 fell 0.36%, France’s CAC 40 fell 0.69%, while Germany’s DAX fell 0.66%. Meanwhile, in the U.K. the FTSE 100 fell 0.47%.

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Uphill struggle for new Iraqi defense chief al-Obeidi

Analysts warn of an uphill struggle for Iraq’s newly-appointed defence minister, Khaled al-Obeidi, who is charged with turning the discredited national army into a force capable of routing the Islamic State (ISIS).

Al-Obeidi spoke with his US counterpart, Defense Secretary Chuck Hagel, for the first time in a 20-minute phone call this week focused on reforming Iraq’s army so it can recoup land conceded to ISIS, which is also known as IS and ISIL.

“The minister was quite clear… that he has every intention of going on the offense against ISIL and making sure that the Iraqi security forces are properly resourced, trained and equipped to do that,” Pentagon spokesman Rear Admiral John Kirby told reporters after the call.

“He also made it a special point of noting that he has every intention… of making sure that the Iraqi Security Forces represent the interests of all Iraqis, that he wants an inclusive army that’s representative of the population of Iraq and defends every inch of Iraq.”

Al-Obeidi, a Sunni Muslim from Mosul, which is now occupied by ISIS, was approved by Iraq’s parliament last week. Bringing Sunnis into Iraq’s government was seen as vital to stop western Iraq’s marginalised Sunni population from siding with ISIS.

He serves in the Shiite-dominated cabinet of Prime Minister Haider al-Abadi, who says he will bridge sectarian divides and unify the country against ISIS, a Sunni extremist group that controls a Sunni-majority area straddling the Iraq-Syria border.

Iraqi troops abandoned their posts and conceded swathes of Iraq to ISIS during the group’s lightening offensive this summer. Despite some losses around the dams at Haditha and Mosul, ISIS has continued to make gains, particularly in Anbar province.

The group, which numbers 30,000 to 50,000 fighters, seized Hit earlier this month and has since probed suburbs of Baghdad, where some 60,000 government troops are tasked with defending the capital. ISIS sleeper cells carry out daily bombings and assassinations there.

“The reality is that ISIL has control and still does control a significant amount of ground in Iraq and I don’t think it’s any different from any complicated, difficult contest,” Hagel said on Thursday. “There will be mixed and various outcomes daily,” he added, saying: “We think it’s working.”

Anthony Cordesman, a critic of US President Barack Obama’s strategy against ISIS, warns that the US air force has been distracted by Kobane, a Kurdish town in north Syria that is holding out to a month-long ISIS siege, and has a mountain to climb with Iraq’s army.

“The US has clearly not provided the level of air strikes it originally planned and has seen much of its focus shift to a peripheral objective in Kobane,” Cordesman, an analyst at the US-based Center for Strategic and International Studies, told Rudaw.

“It has found that Iraq’s military forces are weaker than original assessments indicated, and they indicated that some half of the 50 plus combat brigades in the Iraq forces would need to be disbanded or totally reorganized, and the other half would take a year to several years to build up into fully effective combat units.”

Obama says ISIS can be routed with airstrikes and by arming Kurds, Iraqis and moderate Syrian opposition fighters as ground forces. Critics say he over-depends on air power, lacks reliable allies as ground forces and has no solution to Syria’s civil war.

Members of the US-led coalition against ISIS will meet in Kuwait on October 27 for talks on fighting tackling violent extremism. Officials from Bahrain, Egypt, France, Iraq, Jordan, Lebanon, Oman, Qatar, Saudi Arabia, Turkey, Britain, the US and the United Arab Emirates are expected to attend.

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