Saturday, April 25, 2015

Is the IMF trying to beat China in the creation of a new reserve currency? China's SWIFT system fully functional by September/October

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U.S. Dollar Substitute to Go Public on Oct 20th 2015?


April 25, 2015

Is the IMF trying to beat China in the creation of a new reserve currency?

Earlier this year, China announced that they will have their new SWIFT system fully functional by either September or October and can then fully float the Yuan currency worldwide.  Many are believing that once SWIFT is up for the world’s largest economy then it will be the end of the dollar as the global reserve currency.

However, a new report out from Stansberry Research is alleging that the IMF is not planning on sitting idly by while the East wrests control from them over the global monetary system, and could be finalizing plans of their own to replace the dollar before China does, and if so it would probably be in the form of the Special Drawing Rights (SDR) currency.

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Going Global Headline News For Friday and Saturday, April 24th and 25th 2015

FOX News Special: The Tangled Clinton Web With "Clinton Cash" Author Peter Schweizer

FOX News Special: The Tangled Clinton Web With "Clinton Cash" Author Peter Schweizer

April 25, 2015

Fox News Channel's Bret Baier hosts a Fox News Reporting special which examines the scandalous details surrounding the Clinton Foundation highlighted in the soon to be released book Clinton Cash by author Peter Schweizer.

Euromoney-Saudi Arabia Conference May 5-6-2015

April 25, 2015

Euromoney conference to mark decade of unprecedented change

The tenth edition of Euromoney-Saudi Arabia conference to be held in Riyadh next month with the support of the Ministry of Finance will examine opportunities and challenges to mark a decade of unprecedented change in the Kingdom.

According to organizers of the key annual conference, being held at Al Faisaliah Hotel from May 5-6, the Kingdom has gone through a decade of momentous change with its entry into the World Trade Organization (WTO) in 2005 that helped immensely in rapid economic growth, announcement of King Abdullah Economic City (KAEC) and major infrastructure projects to reduce oil dependency, stimulate economic growth and offer employment to Saudi youth, and a host of fiscal reforms planned for this year, including the opening of the Saudi stock exchange (Tadawul) to foreign investors for the first time.

"We have certainly seen huge changes in our decade-long journey of hosting Euromoney conference here and 2015 is shaping up to be yet another significant year for the foreign investors with the opening of Tadawul widely being seen as a game changer," said Richard Banks, regional director, Euromoney conferences.

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US Congress should pass IMF reform to integrate rising powers (IMF 2010 Quotas)

Also read .. 

G20 to sidestep US on IMF reforms; G20 ministers said they remained “deeply disappointed” the 2010 reforms had not been approved by U.S.


April 25, 2015

US Congress should pass IMF reform to integrate rising powers

The US Congress should pass "quota reform" of the International Monetary Fund (IMF) to better integrate the rising powers like India, National Security Advisor Susan Rice has said. 

"Proposed quota and governance reforms for the IMF would better integrate rising powers like China, India, Indonesia, and Brazil, while preserving American leadership and our veto power," Rice said during her addressal to the annual conference of the US Export-Import Bank here yesterday. 

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Speaker confirms extending current parliament term

2015/4/25

Speaker confirms extending current parliament term

Baghdad  - The Speaker, Saleem al-Jobouri, confirmed extending parliament current term to endorse the important laws.

source

Soon in Baghdad Erdogan and Foreign Minister of Qatar

25.04.2015 

Soon in Baghdad Erdogan and Foreign Minister of Qatar

 Baghdad - Detection President Fuad Masum, the Sabbath, from near the visit of Turkish President Recep Tayyip Erdogan and Foreign Minister of Qatar Khalid bin Mohammed Al-Attiyah to Iraq.

Masum said in an interview with the newspaper "Life", "The Erdogan expressed his desire to visit Iraq, and welcomed the visit and will be implemented soon."

It is noteworthy that the infallible returned, on Friday (April 24, 2015), after the conclusion of an official visit to Turkey lasted several days, and attend a peace conference.

President of the Republic and added that "the Qatari foreign minister will visit Baghdad in the coming days to discuss the re-opening of the embassy and the consecration of the relations between the two countries."

He called on Foreign Minister Ibrahim al-Jaafari, Tuesday (April 14, 2015), the State of Qatar to the need to open its embassy in Baghdad and the resumption of relations between the two countries, pointing to the desire of the Iraqi government to visit the Qatari Prime Minister and Foreign Minister of Qatar to Baghdad.

source

US firm wins contract worth $ 51 million in Iraq

 25.04.2015 

US firm wins contract worth $ 51 million in Iraq

Baghdad - Announced that the US Defense Department on Saturday that the US "General Dynamics Land System" company specialized military industries got a contract worth $ 51 million to provide logistical support for the Abrams tank in Iraq.

The ministry said in a statement reported by the electronic Mriqaha The "General Dynamics Land System specialized US military industries company got a contract worth $ 51 million, the equivalent of 60 billion Iraqi dinars to provide logistical support for the Abrams tank in Iraq.

She added, "The contract includes providing logistical support and training to the tank M1A1 The Iraqi government, is scheduled to be completed by the contract atheist thirty of the month in January 2015.

source

Create a sovereign wealth fund to attract investment in Iraq

April 25 2015 

Parliamentary Economic reveal a proposal to create a sovereign wealth fund to attract investment

Baghdad revealed to the Committee of Economy and investment parliamentary Saturday, its intention to submit a proposed law to establish a sovereign wealth fund to attract investment in Iraq, as shown that this fund will be linked to the International Monetary Fund to give guarantees to investors . 

A member of the committee MP proof Almamori in an interview with the Sumerian's News, "The Commission has adopted a proposal to the law establishing the sovereign wealth fund of the Presidency of the Council of Representatives for approval," explaining that "this fund exists in neighboring countries and more than 100 countries, and works to attract investments into the country.

Iraqi Dinar: CBI is working to put the two categories, one hundred fifty thousand dinars of currency



04/25/2015 


CBI is working to put the two categories, one hundred fifty thousand dinars of currency  

Iraqi parliamentarian said on Saturday, the Central Bank of Iraq intends to launch two new categories of the Iraqi currency and fifty thousand and two hundred thousand dinars.

Sarhan said Ahmed, member of the Finance Committee in the Iraqi parliament, the reporter "Basenyoz," The CBI will continue to work for the issuance of two new categories of currency fifty-two thousand, one hundred thousand dinars, "noting that" the central bank has taken the necessary preparations for that.

He added that "the central bank looked at it and made the decision about it leaving only the allocation of funds for the printing of two new categories," pointing out that "Under the law will be charged the two new categories of currency writings in Kurdish language.

He said the Iraqi parliament to issue two new categories of the Iraqi currency in the preparations for a future plan that includes deleted several zeros from the currency.

source

Oil Agreement: The Kurdistan region is committed to the oil agreement signed with the Federal Government

04/25/2015

Kawa Muhammad: The Kurdistan region is committed to the oil agreement signed with the Federal Government

Baghdad  .. MP in block change by the Commission on oil and energy parliamentary Kawa Mohamed, Saturday, the Federal Government, the obligation to pay amounts to the Kurdistan region proportion of the budget amounting to 17% complete, after the rise in exports Muslim roof to Sumo by 520-540 thousand barrels of oil per day in this month . 

Nepal earthquake: buildings destroyed and injured treated