Blinkster » January 27th, 2017
Family...what if PM Abadi comes to the US to meet with President Trump (and a few other entities), and goes back home very quietly, without any fanfare, media coverage or public knowledge? I'm thinking it might be the case. I'm not banking on that, but hey, it's possible, isn't it?
Samson » January 27th, 2017
Samson » January 27th, 2017
Iranian Forex Rate Unification in 2 Months
Thursday, January 26, 2017
It will take two months for the Central Bank of Iran to implement plans for unification of foreign exchange rates, said Valiollah Seif, CBI’s governor.
He noted that plans will start once the central bank “feels it is the right time to do so,” banker.ir quoted him as saying on Wednesday. Central Bank of Iran and Ministry of Economic Affairs and Finance had announced that forex rates will be unified by the end of the current fiscal year (March 20, 2017) but currency market fluctuations seem to have delayed the process. Seif noted that normalization of banking relations with foreign countries is the prerequisite for adopting a single foreign exchange regime.
He was optimistic about Iranian banks’ reintegration into international banking network, considering “all the measures taken for promoting banks’ operations in line with international standards.”
https://financialtribune.com/articles/economy-business-and-markets/58257/forex-rate-unification-in-2-months
ImJustMe » January 27th, 2017
Thursday, January 26, 2017
It will take two months for the Central Bank of Iran to implement plans for unification of foreign exchange rates, said Valiollah Seif, CBI’s governor.
He noted that plans will start once the central bank “feels it is the right time to do so,” banker.ir quoted him as saying on Wednesday. Central Bank of Iran and Ministry of Economic Affairs and Finance had announced that forex rates will be unified by the end of the current fiscal year (March 20, 2017) but currency market fluctuations seem to have delayed the process. Seif noted that normalization of banking relations with foreign countries is the prerequisite for adopting a single foreign exchange regime.
He was optimistic about Iranian banks’ reintegration into international banking network, considering “all the measures taken for promoting banks’ operations in line with international standards.”
https://financialtribune.com/articles/economy-business-and-markets/58257/forex-rate-unification-in-2-months
ImJustMe » January 27th, 2017
IMO.....He knows these countries ALL have dinars!!! They can use their own currency !!!
Trump prepares orders to cut UN funding, leave treaties
Thu Jan 26, 2017 2:20PM
The administration of US President Donald Trump is preparing two executive orders to drastically reduce funding for the United Nations and other international organizations, as well as begin a process to review and potentially leave some multilateral treaties, according to a new report.
The first executive order, titled “Auditing and Reducing US Funding of International Organizations,” calls for terminating funding for any UN agency or other international body that meets any one of several criteria, The New York Times reported on Wednesday.
According to the report, organizations that give full membership to the Palestinian Authority or Palestine Liberation Organization, programs that fund abortions and any program that circumvents sanctions against Iran or North Korea are included in the criteria.
The draft order also calls for terminating funding for any organization that violates human rights or is controlled by any state that sponsors terrorism.
Overall, the order is aimed at cutting Washington’s funding for international organizations by 40 percent, the report added.
The second executive order, titled “Moratorium on New Multilateral Treaties,” calls for a review of all current and pending treaties with more than one other country and asks for recommendations on which negotiations or treaties Washington should abrogate.
US allies have reacted with a mix of alarm and skepticism to the report. A senior European diplomat said on Wednesday that the draft orders looked draconian.
During his presidential campaign, Trump promised to withdraw the US from international organizations like the UN and expressed heavy distrust about multilateral agreements such as the Paris climate agreement.
“It would potentially be brutal but as with all these executive orders we have to wait to see what happens in practice,” the diplomat said.
Washington has earmarked $594 million in the UN operations funding for next year, but the figure approaches $3 billion once peacekeeping costs are factored in.
Republicans in the US Congress said earlier this month that they were putting together a number of measures to defund the UN in retaliation for the world body’s recent resolution against Israeli settlement activities.
The administration of then US President Barack Obama came under bipartisan fire in late December, when it abstained from voting on the Security Council Resolution 2334, which stated that Israel must stop its “illegal” settlement building on occupied Palestinian lands, including Jerusalem al-Quds.
Trump blasted the resolution, saying the UN had become “just a club for people to get together, talk and have a good time. So sad!”
http://www.presstv.ir/Detail/2017/01/26/507869/US-Trump-UN-funding-Israel-Palestine
Aprncx » January 27th, 2017
Trump prepares orders to cut UN funding, leave treaties
Thu Jan 26, 2017 2:20PM
The administration of US President Donald Trump is preparing two executive orders to drastically reduce funding for the United Nations and other international organizations, as well as begin a process to review and potentially leave some multilateral treaties, according to a new report.
The first executive order, titled “Auditing and Reducing US Funding of International Organizations,” calls for terminating funding for any UN agency or other international body that meets any one of several criteria, The New York Times reported on Wednesday.
According to the report, organizations that give full membership to the Palestinian Authority or Palestine Liberation Organization, programs that fund abortions and any program that circumvents sanctions against Iran or North Korea are included in the criteria.
The draft order also calls for terminating funding for any organization that violates human rights or is controlled by any state that sponsors terrorism.
Overall, the order is aimed at cutting Washington’s funding for international organizations by 40 percent, the report added.
The second executive order, titled “Moratorium on New Multilateral Treaties,” calls for a review of all current and pending treaties with more than one other country and asks for recommendations on which negotiations or treaties Washington should abrogate.
US allies have reacted with a mix of alarm and skepticism to the report. A senior European diplomat said on Wednesday that the draft orders looked draconian.
During his presidential campaign, Trump promised to withdraw the US from international organizations like the UN and expressed heavy distrust about multilateral agreements such as the Paris climate agreement.
“It would potentially be brutal but as with all these executive orders we have to wait to see what happens in practice,” the diplomat said.
Washington has earmarked $594 million in the UN operations funding for next year, but the figure approaches $3 billion once peacekeeping costs are factored in.
Republicans in the US Congress said earlier this month that they were putting together a number of measures to defund the UN in retaliation for the world body’s recent resolution against Israeli settlement activities.
The administration of then US President Barack Obama came under bipartisan fire in late December, when it abstained from voting on the Security Council Resolution 2334, which stated that Israel must stop its “illegal” settlement building on occupied Palestinian lands, including Jerusalem al-Quds.
Trump blasted the resolution, saying the UN had become “just a club for people to get together, talk and have a good time. So sad!”
http://www.presstv.ir/Detail/2017/01/26/507869/US-Trump-UN-funding-Israel-Palestine
Aprncx » January 27th, 2017
Frank26 here is the real GCR... lol !
Iraq sends reassuring messages to the world to invest in it "expanded"
economy
Since 01.26.2017 at 12:45 (Baghdad time)
Baghdad balances News
To prove the role of the private sector should be more realistic in the economic process of Iraq has become the current stage requires for institutions and private sector companies on the credit rating proves its worth, along with all ministries and government departments including gives a clear picture of the investment environment, especially in the reconstruction of liberated areas.
Confirmed economic researcher Lubna al-Shammari importance of a credit rating of Iraq in conformity with its potential in its wealth management and be the degree of classification is very close to the reality of the country, including the public gives a true and correct Msttmarenalajanb outlook.
Iraq had obtained a rating at B-, a first grade credit rating issued by international rating of Iraq's institutions, known as credit rating GCR, which is an acronym for (global credit rating) as a measure to assess the possibility of the borrower to meet its obligations in the face of the lenders in other words risk non-payment of the lender (Sindh) source to fulfill its obligations (loan to value and benefits) of the borrower (bond holder).
And is rated the world's credit rating ladder consists of four grades are A, B, C and D as well as variables that represent signal + or - different Petkrarat. The credit rating agencies of the three, the Standard & Poor's, and Moody's, Fitch in general risks related to religion versions for both corporations or governments evaluate.
She Shammari in an interview, it is necessary to ask all ministries and government departments with companies and private sector institutions to obtain the credit rating of the fact that it would give the public sector in the country's real class in the hierarchy of classification after a study of the general situation of the ministries and departments as well as the private sector. He pointed out that Iraq is on the liberation of the cities of Mosul and Anbar, from the clutches of "Daesh" terrorist, what gives priority to be the degree of classification optimistic in the final outcome and send reassurance to the world signals that Iraq is secure and stable and become suitable for the establishment of Almcharielmtnoah investment environment. According Mazkrth agency / Economy News /
She pointed out that the need to increase the degree of Iraq's credit rating by rating institutions
And private sector companies, especially with a positive outlook stable in recent appreciation of the rating, indicating that Iraq has the economic resources, which qualifies him to raise the rating to advanced degrees and better than the present.
The rating agency Standard & Poor's, the largest credit rating agencies in the world, has recently proven its credit rating for Iraq at B- / B in spite of the fluctuation of oil prices and a height of caution and gave him a stable outlook, adding in a statement that the decline in the price of oil has kept the financial pressure and external.
In turn, spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi said that the Ministry of Finance approached the concerned international institutions credit rating and not the Ministry of Planning.
And between-Hindawi said in a press statement, that the issue of Iraq's credit rating for the subject of fiscal and monetary policy, a specialty of the Ministry of Finance.
However, the (S & P) pointed out that Iraq possesses huge reserves and has substantial oil exports, thereby reducing the concerns in this area.
So attached to the agency classified the prospects of a stable, usually at the same time as the country's growth will remain steady in the medium term due to the significant increase in oil production will ease from Almizanah.anthy 29 / D 24 pressure
http://www.mawazin.net/
Iraq sends reassuring messages to the world to invest in it "expanded"
economy
Since 01.26.2017 at 12:45 (Baghdad time)
Baghdad balances News
To prove the role of the private sector should be more realistic in the economic process of Iraq has become the current stage requires for institutions and private sector companies on the credit rating proves its worth, along with all ministries and government departments including gives a clear picture of the investment environment, especially in the reconstruction of liberated areas.
Confirmed economic researcher Lubna al-Shammari importance of a credit rating of Iraq in conformity with its potential in its wealth management and be the degree of classification is very close to the reality of the country, including the public gives a true and correct Msttmarenalajanb outlook.
Iraq had obtained a rating at B-, a first grade credit rating issued by international rating of Iraq's institutions, known as credit rating GCR, which is an acronym for (global credit rating) as a measure to assess the possibility of the borrower to meet its obligations in the face of the lenders in other words risk non-payment of the lender (Sindh) source to fulfill its obligations (loan to value and benefits) of the borrower (bond holder).
And is rated the world's credit rating ladder consists of four grades are A, B, C and D as well as variables that represent signal + or - different Petkrarat. The credit rating agencies of the three, the Standard & Poor's, and Moody's, Fitch in general risks related to religion versions for both corporations or governments evaluate.
She Shammari in an interview, it is necessary to ask all ministries and government departments with companies and private sector institutions to obtain the credit rating of the fact that it would give the public sector in the country's real class in the hierarchy of classification after a study of the general situation of the ministries and departments as well as the private sector. He pointed out that Iraq is on the liberation of the cities of Mosul and Anbar, from the clutches of "Daesh" terrorist, what gives priority to be the degree of classification optimistic in the final outcome and send reassurance to the world signals that Iraq is secure and stable and become suitable for the establishment of Almcharielmtnoah investment environment. According Mazkrth agency / Economy News /
She pointed out that the need to increase the degree of Iraq's credit rating by rating institutions
And private sector companies, especially with a positive outlook stable in recent appreciation of the rating, indicating that Iraq has the economic resources, which qualifies him to raise the rating to advanced degrees and better than the present.
The rating agency Standard & Poor's, the largest credit rating agencies in the world, has recently proven its credit rating for Iraq at B- / B in spite of the fluctuation of oil prices and a height of caution and gave him a stable outlook, adding in a statement that the decline in the price of oil has kept the financial pressure and external.
In turn, spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi said that the Ministry of Finance approached the concerned international institutions credit rating and not the Ministry of Planning.
And between-Hindawi said in a press statement, that the issue of Iraq's credit rating for the subject of fiscal and monetary policy, a specialty of the Ministry of Finance.
However, the (S & P) pointed out that Iraq possesses huge reserves and has substantial oil exports, thereby reducing the concerns in this area.
So attached to the agency classified the prospects of a stable, usually at the same time as the country's growth will remain steady in the medium term due to the significant increase in oil production will ease from Almizanah.anthy 29 / D 24 pressure
http://www.mawazin.net/