Walkingstick » January 19th, 2017
Economist: the need to review the laws of economics and the banking system to the tune market needs
Baghdad: Euphrates News} stressed the economic expert Abdul Rahman al-Mashhadani, the need to review the laws of economics and re-read them, because they do not fit with the direction the state.
He said al - Mashhadani, told {Euphrates News} " The legislation of laws is not enough to promote the country 's economy, but we need to infrastructure complement legislation of laws, for example , legislation , customs tariff law in 2010 , the government did not use it so far , so what is the use of legislation law without implementation?".
"We need to re - read all the laws of economics as they embarked Time past is not consistent with the direction of the state porte -in control and central markets to go to the private sector."
He noted economic expert said that "everyone is calling in the open market economy, but reality does not have a chance , " pointing out that " the infrastructure is incomplete and that the banking system is not fully in tune with the market and the monetary policy needs in terms of the market and his work , the private sector and revitalization."
He explained that "these problems hinder the application of the laws , " noting that "legislators legislate laws from the legal side, not economic , and we need to sit down economic commission with legal."
The economic expert Abdul Rahman al - Mashhadani, said in a December 16 last, the old private financial resources laws do not lend themselves to the development of economic revenue.
He said al - Mashhadani, for {Euphrates News}, that " the legislation and laws governing the work of the tourism and agricultural sector and other sectors old and do not lend themselves to this stage, for the purpose of developing and diversifying the revenue."
Iraq has been since the last economic crisis in 2015, due to lower oil prices and to the adoption of the general budget on oil revenue by 90%, which led to a reduction in government spending policy and the adoption of austerity and focus on military support under the shadow of the war against gangs and Daesh Alarhabiyh.anthy
http://alforatnews.com/modules/news/article.php?storyid=137125
Baghdad: Euphrates News} stressed the economic expert Abdul Rahman al-Mashhadani, the need to review the laws of economics and re-read them, because they do not fit with the direction the state.
He said al - Mashhadani, told {Euphrates News} " The legislation of laws is not enough to promote the country 's economy, but we need to infrastructure complement legislation of laws, for example , legislation , customs tariff law in 2010 , the government did not use it so far , so what is the use of legislation law without implementation?".
"We need to re - read all the laws of economics as they embarked Time past is not consistent with the direction of the state porte -in control and central markets to go to the private sector."
He noted economic expert said that "everyone is calling in the open market economy, but reality does not have a chance , " pointing out that " the infrastructure is incomplete and that the banking system is not fully in tune with the market and the monetary policy needs in terms of the market and his work , the private sector and revitalization."
He explained that "these problems hinder the application of the laws , " noting that "legislators legislate laws from the legal side, not economic , and we need to sit down economic commission with legal."
The economic expert Abdul Rahman al - Mashhadani, said in a December 16 last, the old private financial resources laws do not lend themselves to the development of economic revenue.
He said al - Mashhadani, for {Euphrates News}, that " the legislation and laws governing the work of the tourism and agricultural sector and other sectors old and do not lend themselves to this stage, for the purpose of developing and diversifying the revenue."
Iraq has been since the last economic crisis in 2015, due to lower oil prices and to the adoption of the general budget on oil revenue by 90%, which led to a reduction in government spending policy and the adoption of austerity and focus on military support under the shadow of the war against gangs and Daesh Alarhabiyh.anthy
http://alforatnews.com/modules/news/article.php?storyid=137125
Davos 2017: China unites 25 countries to establish Global Blockchain Business Council
Thursday, January 19, 2017
On January 17, the governmental and industrial representatives from China and 25 other countries gathered in Davos, Switzerland for the Davos Forum.
According to the latest update provided by Tai Cloud Corporation, Jamie Elizabeth Smith, the former spokesperson and special assistant of the U.S. president Obama, announced that the Global Blockchain Business Council (GBBC) is formally established. The first national team members include senior executives of World Bank Mariana Dahan, former Estonian President Toomas Hendrik Ilves, former Prime Minister of Haidi Laurent Lamont, former Economy Minister of Ukraine Aivaras Abromavičius.
Deng Di, the head of the China Blockchain Representative Team and Chairman of Tai Cloud Corporation, invited the Chinese industry peers to join the GBBC founding conference as a co-founding member. The outstanding members of the China Blockchain Representative Team include Dr. Wei Wang, Founding Chairman of China Mergers and Acquisitions Association; Ge Ming, Deputy Chairman of China Credit FinTech Holdings Limited; Dr. Wang Yongli, former Vice President of Bank of China; Peng Yaojie, CEO of China Credit FinTech Holdings Limited, and other industrial representatives and specialists with more than 10 people in total.
The national representatives provided their progress in blockchain research in detail and reached initial consensus in the fields of global blockchain teaching, business cooperation, standard synergy, and governmental communications on the first conference of GBBC.
In industry, the layout of blockchain ecosystem is of integrity. From infrastructure to enterprise application, many excellent blockchain and fintech companies like Tai Cloud Corporation, Dian Rong, Oklink are able to compete with the best blockchain companies in the world.
Many areas, such as Beijing, Shanghai, Shenzhen, Hangzhou, Ningbo, Ganzhou (Jiangxi) are actively deploying the layout of blockchain industry. It is the first time that the China Blockchain Representatives Team appeared on the World Economic Forum, which marks the efforts by the Chinese blockchain industry to join the global efforts relating to the research of blockchain technology with most positive attitude and action.
The formal establishment of the GBBC will influence more governments and enterprises to know blockchain, and provide a communication and cooperation platform for businessmen and technical experts researching blockchain application areas.
Compared with R3 blockchain consortium that is dedicated to the banking transaction and settlement, the main purpose of Council is to create a more widespread mechanism for global blockchain consensus and communications among countries. This attendance of China Blockchain Representatives Team to Davos and formally establishing the GBBC not only enhances international communication, but also strengthens Chinese international influence on this emerging field.
Davos Forum
Bitfury CEO Valery Vavilov, Overstock CEO Patrick M. Byrne, and Global Vice Chair of Markets & Chair of Global Accounts Committee for EY Uschi Schreiber gave speeches at the conference.
In addition, Chinese President Xi Jinping spoke about global improvement, indicating that China will participate more actively in the international economic activities by constant and stable development and contributions for global economic improvement.
The splendid ideas about openness, sharing, equality offered by blockchain technology have been gradually admitted by the people. Blockchain technology can provide fundamental framework for new global governance, and promote technical support for more equal and beneficial international order. Blockchain technology, one of the most breaking and potential technologies at present, can bring much innovation and improvement in the fields of finance, energy, manufacturing, governance and many other potential fields, as a result of attracting much attention of many countries and large institutions. Hence, it is an important topic of discussion in the Davos Forum.
China spearheading global blockchain revolution
R3 consortium, comprising of several leading American banks, aims to research blockchain application on banking industry. IBM and Linux Foundation jointly set up Hyperledger project, aiming to jointly establish and operate a cross-industry open blockchain platform.
Blockchain technology has attracted widespread attention by national strategy, industry, academia in China.
The People's Bank of China commenced researching real application on blockchain applied on future digital currency at very early stage. Consequently, many blockchain research centers and unions have been gradually established in many areas of China.
Under the assistance of Beijing Municipal Bureau of Financial Work, Chinese Museum of Finance launched “China Blockchain Application Research Center”, whose purpose is to promote social financial teaching and establishing public recognizing standards as a commonweal research platform. China Blockchain Application Research Center is the earliest national blockchain research institution. China Blockchain Application Research Center is also the main initiator and promoter for GBBC, contributing much for Chinese blockchain industry embracing the world.
http://www.econotimes.com/Davos-2017-China-unites-25-countries-to-establish-Global-Blockchain-Business-Council-495920
Thursday, January 19, 2017
On January 17, the governmental and industrial representatives from China and 25 other countries gathered in Davos, Switzerland for the Davos Forum.
According to the latest update provided by Tai Cloud Corporation, Jamie Elizabeth Smith, the former spokesperson and special assistant of the U.S. president Obama, announced that the Global Blockchain Business Council (GBBC) is formally established. The first national team members include senior executives of World Bank Mariana Dahan, former Estonian President Toomas Hendrik Ilves, former Prime Minister of Haidi Laurent Lamont, former Economy Minister of Ukraine Aivaras Abromavičius.
Deng Di, the head of the China Blockchain Representative Team and Chairman of Tai Cloud Corporation, invited the Chinese industry peers to join the GBBC founding conference as a co-founding member. The outstanding members of the China Blockchain Representative Team include Dr. Wei Wang, Founding Chairman of China Mergers and Acquisitions Association; Ge Ming, Deputy Chairman of China Credit FinTech Holdings Limited; Dr. Wang Yongli, former Vice President of Bank of China; Peng Yaojie, CEO of China Credit FinTech Holdings Limited, and other industrial representatives and specialists with more than 10 people in total.
The national representatives provided their progress in blockchain research in detail and reached initial consensus in the fields of global blockchain teaching, business cooperation, standard synergy, and governmental communications on the first conference of GBBC.
In industry, the layout of blockchain ecosystem is of integrity. From infrastructure to enterprise application, many excellent blockchain and fintech companies like Tai Cloud Corporation, Dian Rong, Oklink are able to compete with the best blockchain companies in the world.
Many areas, such as Beijing, Shanghai, Shenzhen, Hangzhou, Ningbo, Ganzhou (Jiangxi) are actively deploying the layout of blockchain industry. It is the first time that the China Blockchain Representatives Team appeared on the World Economic Forum, which marks the efforts by the Chinese blockchain industry to join the global efforts relating to the research of blockchain technology with most positive attitude and action.
The formal establishment of the GBBC will influence more governments and enterprises to know blockchain, and provide a communication and cooperation platform for businessmen and technical experts researching blockchain application areas.
Compared with R3 blockchain consortium that is dedicated to the banking transaction and settlement, the main purpose of Council is to create a more widespread mechanism for global blockchain consensus and communications among countries. This attendance of China Blockchain Representatives Team to Davos and formally establishing the GBBC not only enhances international communication, but also strengthens Chinese international influence on this emerging field.
Davos Forum
Bitfury CEO Valery Vavilov, Overstock CEO Patrick M. Byrne, and Global Vice Chair of Markets & Chair of Global Accounts Committee for EY Uschi Schreiber gave speeches at the conference.
In addition, Chinese President Xi Jinping spoke about global improvement, indicating that China will participate more actively in the international economic activities by constant and stable development and contributions for global economic improvement.
The splendid ideas about openness, sharing, equality offered by blockchain technology have been gradually admitted by the people. Blockchain technology can provide fundamental framework for new global governance, and promote technical support for more equal and beneficial international order. Blockchain technology, one of the most breaking and potential technologies at present, can bring much innovation and improvement in the fields of finance, energy, manufacturing, governance and many other potential fields, as a result of attracting much attention of many countries and large institutions. Hence, it is an important topic of discussion in the Davos Forum.
China spearheading global blockchain revolution
R3 consortium, comprising of several leading American banks, aims to research blockchain application on banking industry. IBM and Linux Foundation jointly set up Hyperledger project, aiming to jointly establish and operate a cross-industry open blockchain platform.
Blockchain technology has attracted widespread attention by national strategy, industry, academia in China.
The People's Bank of China commenced researching real application on blockchain applied on future digital currency at very early stage. Consequently, many blockchain research centers and unions have been gradually established in many areas of China.
Under the assistance of Beijing Municipal Bureau of Financial Work, Chinese Museum of Finance launched “China Blockchain Application Research Center”, whose purpose is to promote social financial teaching and establishing public recognizing standards as a commonweal research platform. China Blockchain Application Research Center is the earliest national blockchain research institution. China Blockchain Application Research Center is also the main initiator and promoter for GBBC, contributing much for Chinese blockchain industry embracing the world.
http://www.econotimes.com/Davos-2017-China-unites-25-countries-to-establish-Global-Blockchain-Business-Council-495920