KTFA
Monday Night KTFA CC 1-13-2020
PLAYBACK : 605.313.5163 PIN: 156996#
https://fccdl.in/9vBb1K425R
Don961 » January 13th, 2020
Report: US to cancel China 'currency manipulator'
January 13, 2020 09:30 PM Mubasher:
A press report stated that the United States intends to remove the name of China from the list of "manipulative currencies", just two days before the signing of the first phase of the trade deal between the two largest economies in the world
President Donald Trump and Chinese Vice-Minister Liu He will sign an initial trade agreement in Washington next Wednesday
The decision to exclude China from the list of "currency manipulators", which was reported by the network "CNBC" from unnamed sources on Monday, more than five months after the Ministry of Treasury officially included Beijing in this classification
The move by the Treasury Department last August increased the tensions of the trade war, and this came after the Chinese yuan exceeded more than 7 yuan per dollar for the first time since 2008.
Meanwhile, Chinese central bank governor Yi Gang stressed at the time that Beijing was not using its currency as a tool to overcome external turmoil such as trade disputes
The currency of China has witnessed a remarkable increase during the past weeks, as the dollar fell below the level of 6.9 yuan per dollar for the first time since last August LINK
Global debt exceeds $ 252 trillion, reaching a record high
January 13, 2020 08:39 PM
Mubasher - Ahmed Shawky : The global debt increased to more than $ 250 trillion at the end of the third quarter of last year, to set a new record
The report of the International Finance Institute released on Monday revealed that the debt of families, governments, non-profits, and the financial sector increased to 252.6 trillion dollars at the end of the three-month period ending last September, compared to 243 trillion dollars during the same period of the previous year
During the first 9 months of last year, global debt rose by about $ 9 trillion
The Institute of Finance stated that global debt has become 322 percent of the world's gross domestic product, which is a new record, achieving the fastest pace of increase since 2016
The developed markets debts recorded $ 180.1 trillion in the third quarter of 2019, representing 383 percent of the gross domestic product
The ratio of debt to gross domestic product in emerging markets increased to 223 percent, after debt reached the level of $ 72.5 trillion
The Institute expects that the global debt will exceed the level of $ 257 trillion by the end of the first quarter of last year, led by the debts of non-financial companies due to the low interest rates and concessional financial conditions LINK
Samson » January 13th, 2020
Parliamentary Finance: Payment of the last two billion dollars of debt owed by Kuwait during 2020
20:16 - 12/01/2020
The Parliamentary Finance Committee confirmed, on Sunday, that 2020 will see the payment of the last two billion dollars in debt owed by Kuwait to Iraq, indicating that it will be guaranteed in the budget for the current year.
Member of the Finance Committee Hanin Al-Qaddu said to "The Information" that "Iraq has many debts that may move to postpone the payment of some of them to the coming years or to reduce them by talking to the creditor countries."
He added that "among the debts incurred by Iraq are Kuwait's debts," noting that "the debts of Kuwait, of which two billion dollars remain, with Iraq owed , will be paid in full during 2020, and the Kuwaiti debt file involves."
He explained that "Kuwait's debts will include the 2020 budget to pay it after the budget is approved and completed completely," noting that "there are efforts to authorize the government to send the 2020 budget for the purpose of discussing it and then voting on it." LINK
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
Monday Night KTFA CC 1-13-2020
PLAYBACK : 605.313.5163 PIN: 156996#
https://fccdl.in/9vBb1K425R
Don961 » January 13th, 2020
Report: US to cancel China 'currency manipulator'
January 13, 2020 09:30 PM Mubasher:
A press report stated that the United States intends to remove the name of China from the list of "manipulative currencies", just two days before the signing of the first phase of the trade deal between the two largest economies in the world
President Donald Trump and Chinese Vice-Minister Liu He will sign an initial trade agreement in Washington next Wednesday
The decision to exclude China from the list of "currency manipulators", which was reported by the network "CNBC" from unnamed sources on Monday, more than five months after the Ministry of Treasury officially included Beijing in this classification
The move by the Treasury Department last August increased the tensions of the trade war, and this came after the Chinese yuan exceeded more than 7 yuan per dollar for the first time since 2008.
Meanwhile, Chinese central bank governor Yi Gang stressed at the time that Beijing was not using its currency as a tool to overcome external turmoil such as trade disputes
The currency of China has witnessed a remarkable increase during the past weeks, as the dollar fell below the level of 6.9 yuan per dollar for the first time since last August LINK
Global debt exceeds $ 252 trillion, reaching a record high
January 13, 2020 08:39 PM
Mubasher - Ahmed Shawky : The global debt increased to more than $ 250 trillion at the end of the third quarter of last year, to set a new record
The report of the International Finance Institute released on Monday revealed that the debt of families, governments, non-profits, and the financial sector increased to 252.6 trillion dollars at the end of the three-month period ending last September, compared to 243 trillion dollars during the same period of the previous year
During the first 9 months of last year, global debt rose by about $ 9 trillion
The Institute of Finance stated that global debt has become 322 percent of the world's gross domestic product, which is a new record, achieving the fastest pace of increase since 2016
The developed markets debts recorded $ 180.1 trillion in the third quarter of 2019, representing 383 percent of the gross domestic product
The ratio of debt to gross domestic product in emerging markets increased to 223 percent, after debt reached the level of $ 72.5 trillion
The Institute expects that the global debt will exceed the level of $ 257 trillion by the end of the first quarter of last year, led by the debts of non-financial companies due to the low interest rates and concessional financial conditions LINK
Samson » January 13th, 2020
Parliamentary Finance: Payment of the last two billion dollars of debt owed by Kuwait during 2020
20:16 - 12/01/2020
The Parliamentary Finance Committee confirmed, on Sunday, that 2020 will see the payment of the last two billion dollars in debt owed by Kuwait to Iraq, indicating that it will be guaranteed in the budget for the current year.
Member of the Finance Committee Hanin Al-Qaddu said to "The Information" that "Iraq has many debts that may move to postpone the payment of some of them to the coming years or to reduce them by talking to the creditor countries."
He added that "among the debts incurred by Iraq are Kuwait's debts," noting that "the debts of Kuwait, of which two billion dollars remain, with Iraq owed , will be paid in full during 2020, and the Kuwaiti debt file involves."
He explained that "Kuwait's debts will include the 2020 budget to pay it after the budget is approved and completed completely," noting that "there are efforts to authorize the government to send the 2020 budget for the purpose of discussing it and then voting on it." LINK
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
0 Comments: