Treasury Secretary Lew on what to expect at the G20 summit
From the first G20 leaders’ summit in 2008 to this year’s G20 meeting in Hangzhou, China, the U.S. has engaged deeply with the world’s major economies, playing a leading role in crisis and post-crisis global economic management. Top agenda issues have included global governance in times of economic crisis, promoting inclusive global growth, securing commitments to avoid the targeting of exchange rates for competitive purposes, strengthening financial regulation, combating terrorist financing, mobilizing funding for sustainable infrastructure, promoting financial inclusion, and tackling ‘global public goods’ issues – from climate change mitigation and adaptation to ending poverty and reducing inequality.
2016/8/28 World Bank issuing SDR debt The World Bank plans to issue bonds denominated in the IMF's Special Drawing Rights (SDRs) this week in China, Bloomberg reported on August 23. The notes will be priced on Wednesday, it said, citing anonymous sources.
Implementation of Basel standards - A report to G20 Leaders on implementation of the Basel III regulatory reforms Full, timely and consistent implementation of Basel III remains fundamental to building a resilient financial system, maintaining public confidence in regulatory ratios and providing a level playing field for internationally active banks. This report updates G20 Leaders on progress and challenges in the implementation of the Basel III regulatory reforms since November 2015, when the Basel Committee last reported to the G20. The report summarises the steps taken by Basel Committee member jurisdictions to adopt the Basel III standards, banks' progress in bolstering their capital and liquidity positions, the consistency of implementation in jurisdictions assessed since the Committee's last report and the Committee's implementation work plan. CLICK HERE FOR PDF
August 30, 2016 G20 Summit to deal with rising anti-globalization sentiment The G20 Summit is to take place amid weak economic recovery and the lowest rate of global trade growth in three decades. China would like to see G20 leaders resist protectionism and instead, seek economic growth through innovation and reform. CCTV's reporter spoke to some of China’s brightest business leaders to hear their proposals to G20 leaders.
August 30, 2016 China, Saudi Arabia ink cooperation deals China and Saudi Arabia on Tuesday signed 17 cooperative agreements after the first meeting of a high-level steering committee for coordinating bilateral cooperation. Chinese Vice Premier Zhang Gaoli and Saudi Arabia's Deputy Crown Prince Mohammed bin Salman co-chaired the meeting in Beijing. The documents covered politics, energy, finance, investment, housing, water resources, quality inspection, science, technology and culture.
Snip from report .. "The Chinese, for their part, have given up on Hillary and, since they also have no love for Republican Candidate Donald Trump, are now considering a more radical move. They have invited Canadian Prime Minister Justin Trudeau to visit China before the big September 4-5 G20 meeting the Chinese are hosting. Sources in Asian secret societies say the Chinese will ask Trudeau if he would be interested inleading a Mexican/American/Canadian North American alliance" And .. August 29, 2016 Justin Trudeau turns to Weibo and WeChat to reach Chinese audience - Known for social media savvy, PM tries direct approach during visit to China *Click Here For Article
Tuesday, August 30, 2016 Balsamic Moon Phase: release; dream; mystical Moon in Leo Aspect of the Aeon Sophia (Wisdom): Bhairavi, Godddess Who Fortifies the Heart Aspect of the Aeon Thelete (Will): Kathe, God of the South Skill: find a happier trail (a mindset, outlook, or opportunity that makes things better) True Alignments: secure, practice, cognitive resonance as opposed to cognitive dissonance (ability to see and understand), attentive, one's own style, reconnecting with the body, grounding through tasks like cleaning, spiritual revolution, spreading a message of goodwill, receptive, detail-oriented, archetypes Catalysts for Change: patronizing, not caring, noisy, things that disturb our peace, caught in a "web," frozen in time/paralyzed by the past, repeating the same cycle/behavior/mistake, hard-headed, weary, things that are unwarranted, greed, disruption of the body's natural rhythms and harmonics, difficulty maintaining attention, perfectionism (especially with appearances), bogged down or boggling *CLICK HERE FOR FULL REPORT