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Sunday, October 25, 2015

TNT CHAT UPDATE, 25 OCT

TNT:

Iko Ward: I am coming out of retirement to announce that none of the basket currencies have polled yet. If I was a superstitious man I would say that is significant. But of course, I am now a practical retiree and don't give credence to unusual economic activity….. It is strange and unusual, I will say that.

RVAlready:  IKO, are you expecting tomorrow, or am I just being optimistic?

Iko ward: rv...yes, i really am.

Iko ward: New Zealand is actually the beginning of the banking day world wide…. The theory is it will start there and roll west

Cool1967:  we are done with Oct 20-25 window. Whats the next window now?

Iko ward:  Cool, there are no more windows. It's done. We are now just waiting for the banks to say go.

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Iko Ward:  The markets are calm, the Greed meter is up, gold is flat, Forex has not polled the basket or the yuan yet this evening. All quiet on the eastern front. Getting mixed messages on New Zealand exchanges. All of this is very, very good. I wish Knight Hawk was here to share this moment.

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Daz:  FIAT IS A CURRENCY AND MEDIUM OF EXCHANGE THAT IS BACKED BY THE FAITH AND CREDIT OF THE NATION THAT ISSUES IT.

ASSET BACKED CURRENCY IS BACKED BY THE VALUE OF MEASURABLE TANGIBLE ASSETS PWNED AND CONTROLLED BY THE NATION ISSUING IT

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Tishwash:   Abadi adviser: the new salary ladder provided three trillion dinars

Asumaria News / Baghdad

The head of the Minister for Economic Affairs Adviser to the appearance of Mohammed Saleh, Sunday, that the blessings of the new salary provided three trillion dinars, and in detecting the presence of eight million poor in Iraq, pointed to a reduction salary of the President of the Republic from 77 million to eight million dinars.

Saleh said during his interview with the program "a quarter of an hour," which aired "Alsumaria TV", "The salary of the President of the Republic has been reduced from 77 million to eight million dinars, as well as the salary of the prime minister and the rest of the salaries gradually",

adding that "This came after calls by the religious authority Iraqi street. "
Saleh added that "the new salary scale provided the amount of three trillion, some of which went to the budget, while others went to other segments of the staff," stressing that "doctors and members of the armed forces excluded from it."

In a related context Saleh revealed, for "the existence of eight million poor in Iraq," asserting the existence of "a million and a half million beneficiaries of social protection network salaries ranging between 50 thousand to 170 thousand dinars."

It was called the religious authority, on the first Friday (October 23, 2015), to study the new salary ladder again by the owners of expertise and competence to ensure justice for all.
And confronted him to reject the new salary by many state officials, who took a wide demonstrations in Baghdad and other provinces, to demand its cancellation and considered "unfair"   Link: 

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