Remember China’s “SWIFT clone” known as CIPS in Mar 25, 2016 … SWIFT and CIPS signed the memorandum of understanding on cross-border interbank payment system cooperation.
Remember China’s “SWIFT clone” known as CIPS in Mar 25, 2016 … SWIFT and CIPS signed the memorandum of understanding on cross-border interbank payment system cooperation.
The report mentions risks and ask “how could today’s financial vulnerabilities make the road bumpy?”
In expected bankers’ newspeak, he admits this could “trigger a more painful adjustment.”
Please ask your family, are they prepared?
I weep as I write this – because…
Mass deception is being revealed to all who will not ignore it.
Morgan Stanley laid off a number of senior investment bankers last week and cut bonuses by roughly 15 percent because of a decline in revenue from dealmaking and capital raising across Wall Street, people with knowledge of the matter told Reuters.
…Read on, and you will see a disturbing pattern.
“Venezuela’s sources of FX financing are limited, the sovereign last issued a global bond in 2011, and significant multilateral funding is not expected in 2015 – 2016.”
Belarus has twisted the knife into Moscow as the ruble continues to plummet.
“Minsk has demanded payment for future transactions in dollars or euros rather than rubles, according to state media agency Belta. ”
Belarus blocked online stores and news websites Sunday, in an apparent attempt to stop a run on banks and shops as people rushed to secure their savings.
“”The defense ministers of Kazakhstan and Belarus have approved a plan of cooperation for the next year.
The document defines the further steps to enhance cooperation in military and military-technical spheres, as well as in education and training areas.
Imangali Tasmagambetov and Andrei Ravkov believe in the need to strengthen cooperation in the defense sector.”
Be alert, creative, and prepared for the preplanned international monetary system transitional years ahead.
The crisis is not an accident, it is a monetary policy change.
Millan was among a limited group outside of Federal regulators who was in a position to have broad data on the death benefit claims being submitted by multiple banks. Having data across multiple banks could have facilitated the type of peer review studies we had requested from the OCC – trade secrets that Wall Street does not want to allow into the sunshine.”
This is by definition a “Price War” that could manipulate the oil market…
The impossible is possible. Never say never. Wall Street bankers are staring agog at headlines coming from Europe where, in Iceland, the former chief executive of one of the largest banks in the country which was involved in crashing the economy in 2008 has been sentenced to jail time.