Chats and RumorsEconomics
Written By Deb Aspinwall
KTFA:
Samson: Tehran Stock Exchange launches bilateral trading of the Iranian riyal and the Russian ruble
19th July, 2022
The Governor of the Central Bank of Iran, Ali Salehabadi, said yesterday, Monday, that the currency exchange has launched trading in the Iranian riyal and the Russian ruble.
Abadi stated that the stock exchange has started trading the binary "Iranian riyal/Russian ruble".
The governor of the Central Bank of Iran added, "The opening of trading in the two-currency ruble/Iranian rial is an important step in developing economic relations between Iran and Russia." LINK
Samson: The European Union eases sanctions on Russian banks
19th July, 2022
Press sources revealed today, Tuesday, that the European Union will amend the sanctions it imposes on Russia, tomorrow, Wednesday, to allow the unfreezing of some Russian bank funds.
"The European Union will adjust its sanctions against Russia, tomorrow, Wednesday, to allow the unfreezing of some Russian bank funds, which may be needed to ease bottlenecks in the global trade of foodstuffs and fertilizers," Reuters reported.
And she added that "a draft document showed that under the amendment expected to be approved by the European Union envoys, tomorrow, Wednesday, the union will be able to unfreeze economic resources owned by the largest Russian banks, which are "VTB", "Sofcombank", "Novicombank" and "Novikumbank". Otkrit Bank, Promsvyaz Bank and Bank of Russia.
The move comes amid criticism from African leaders over the negative impact of the sanctions on trade, which may have exacerbated shortages caused mainly by Russia's invasion of Ukraine and its blockade of its Black Sea ports.
The European Union has so far denied that "its sanctions have hurt the food trade". LINK
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Courtesy of Dinar Guru
Frank26 There are some gurus out there saying, 'It already happened. It's an RV. The RV is happening right now!'...it's not true...there is no RV.(Re-Valuation) That has been accomplished years ago. This is an RI (Re-instatement) ...
Militiaman Article: "Al-Kazemi’s advisor clarifies a news published by the official media about the exchange rate change" Article: "The government is discussing the dollar exchange rate and plans to convert 4 ministries to self-financing" These two articles are saying what we already know about the exchange rate...now it is setting the stage for the private sector. The private sector is massive.. Total is a French private company that had contracts that were torn up and rewrote in Dinar and not USD. They reduced the Dinar to 1460 years ago already and now it is time to go back to where it was in a previous era. 1190 IQD/1 USD is not a place in that equation. It doesn't work in a market economy.
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TNT:
CandyKisses: : Leaks and tweets .. put the coordination framework in great embarrassment, will he ignore al-Sadr or give up al-Maliki?
The tweet of the leader of the Sadrist movement, Muqtada al-Sadr, put the forces of the Shiite coordination framework in great embarrassment, especially as he called on these forces to announce their position on the audio leaks attributed to the leader of the State of Law coalition, Nuri al-Maliki.
This severe embarrassment has left the Shiite forces in a state of confusion, as they cannot bypass al-Sadr's demands on the one hand, nor abandon their strong ally, Nuri al-Maliki.
In this regard, the representative of the Sadiqoun bloc, Zahra Al-Bajari, confirmed that the tweet of the leader of the Sadrist movement, Muqtada, put the coordinating framework in a dilemma.Al-Bajari said that "the tweet of the leader of the Sadrist movement, Muqtada al-Sadr, put the coordination framework in a dilemma."
She added that "everyone wants to come out in peace from the strife and not to shed blood, and if the situation descends to the street, the situation will be very bad."
Al-Bajari indicated that"new leaks may come out that will drag the Iraqi street into other clashes that may drag us into a worse situation, and the politicians must get the country out of the current situation."
She indicated that "the opposition should be monitoring the government's work there, and a new scenario may go to dissolving parliament and holding early elections," stressing that "the caretaker government will remain and we will go to early elections."
Bank Of America WARNS AGAIN On The Economy. China DUMPING US DEBT.
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