Another reminder, stay prepared for emergencies as the global financial crisis continues…
On a related note, Mark Carney and all major institutions (central banks, their exchanges, and governments) should be scrutinized for criminal activities and links as prerequisites to implementing a alternative international value exchange system.
Increased awareness to see what is coming from those who plot wars and manipulate systems at centers of power. ~Ron
Late breaking news…. the Bank of England has just issued a statement, apologising for “any problems” caused by today’s technical crash.
It also confirmed that every payment submitted to its Real-Time Gross Settlements (RTGS) system has been processed, thanks to the four-hour extension put in place.
Here’s the full statement from Threadneedle Street:
Bank of England statement – update on RTGS
RTGS closed at 20:00 hrs (BST).
All 142,759 payments submitted to RTGS today before the extended deadline have now been processed. The Bank has put in place extra steps to monitor the system at the start of the day tomorrow when RTGS will open at 06:00 hrs (BST) as usual.
The Bank apologises for any problems caused by the delays to the settlement of payments today and has launched a thorough, independent review of the incident.
And that really is all for tonight. We’ll be back tomorrow to see if the wheels of the financial system spin smoothly tomorrow, and to cover aftermath of this rare, unfortunate, and embarrassing systems crash. GW