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IMF assisting GCC to set up monetary union in 2010 Nadim Kawach Saturday, 05 September 2009 02:45 [image] Saudi Arabia and three other Gulf oil producers have sought assistance from the International Monetary Fund on a possible revaluation of their currencies as part of a landmark plan to create the world’s second monetary union in 2010. In a working paper…
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Sshear01: IMF seeks flexible rate for GCC common currency — IMF seeks flexible rate for GCC common currency [image]IMF seeks flexible rate for GCC common currencyThursday, August 20, 2009Four Gulf nations planning to launch the world's second monetary union in 2010 need to adopt a flexible exchange rate for their common currency, the International Monetary Fund said yesterday.In a report about Saudi Arabia, the Washington-based Fund said the long-standing…
Sshear01: Important Dates — Rumor??? IMPORTANT DATES FOR AUGUST - SEPTEMBER 2009 [image] Wednesday, August 12, 2009 IMPORTANT DATES FOR AUGUST - SEPTEMBER 2009 AUGUST 22, 2009 Trader Talk With Art Cashin [url] EXPECT TO SEE SOMETHING ON THE TWENTY-SECOND OF AUGUST - RAMADAN WEEKEND - A POSSIBLE GEOPOLITICAL SURPRISE And… August 24, 2009 A UAE central bank circular sent last week directed banks to name foreign…
Sshear01: Iraqi Dinar Revaluation by August 23? — Iraqi Dinar Revaluation by August 23? [image] Image via Wikipedia Here’s the latest on the Iraqi dinar revaluation from Dinar Rumor. 16:15:18] okie oil man : ok here goes again i was told so much technical info that it was hard for my finite brain to keep up with it–but here’s what I was told– on the last g-20 meeting that 250 billion was appropriated to 3rd world countries to help world…
Sshear01: Here's What Meaningless Fads Have to — Here's What Meaningless Fads Have to Do With Gold & Your Portfolio... [image] Wednesday, July 1, 2009 Fads come and go… Pogs, tech stocks, Rubik’s cubes, flipping residential properties, beanie babies, Barack Obama, Member’s Only jackets, iPods… we can all think of plenty of examples. And the funny thing about fads is that when they take off, people seriously consider the fad product as…
Sshear01: Chapter 7 sanctions lifted — Chapter 7 sanctions lifted This is the first part of UN resolution S/2009/406. It seems to say that all previous resolutions (sanctions) have been removed. You can search for the pdf of resolution on the UN main website to view the full document.The Security Council, Recalling all its previous relevant resolutions on Iraq, in particular 1500 (2003) of 14 August 2003, 1546 (2004) of 8 June…
Sshear01: Getting Ready To Cash In...what's going on behind-the-scenes — Getting Ready To Cash In...what's going on behind-the-scenes I've been in chat...lots of talk about "why hasn't it happened yet?" One thought is the smaller banks have to be brought up to speed. Others wonder why US Treasury might take a cut off the top, which would set a precedent on the international exchanges.Could it all relate to a coordinated "fix" of the world's financial problems....ON…
