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mlennyma
#4291 Posted : Monday, July 07, 2014 6:10:51 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Thats why equity bank must fight to the last man standing.
"Don't let the fear of losing be greater than the excitement of winning."
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hisah
#4292 Posted : Tuesday, July 08, 2014 5:39:31 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
A lot of economics material spining out of Egypt and Argentina at the moment.

Egypt's 78% fuel price hike is utopia stuff?! The volatility this will cause on the econ will definitely cause dollarization. Egyptian pound will become paper very soon.

http://abcnews.go.com/m/...y?id=24451458&sid=76
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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murchr
#4293 Posted : Saturday, July 12, 2014 3:48:10 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
hisah wrote:
Mastermind wrote:
Argentina must pay VULTURE funds, rules the US Supreme court.

There is a big fight looming at the moment between old money masters and a new alliance i.e IMF/WB/BIS (western world) vs BRICS bank (S.America,Asia and Africa) . This fight is bound to shake the core of global finance very soon while a majority of people are being entertained by the World Cup event.

Waiting to see the decisions made in Fortaleza, Brazil 48hrs after the final World Cup match.

**Defaults fiesta coming soon**



RT wrote:
The emerging economies of Brazil, Russia, India, China and South Africa, are a couple of days from agreeing the $100 billion BRICS development bank, as well as a $100 billion currency pool. It could challenge global lenders like the IMF and World Bank.

The bank will be called the New Development Bank, and will provide finance for infrastructure projects. Its creation will meet the needs of emerging and poorer economies according to Russian Finance Minister Anton Siluanov.


The world cup is coming to a close.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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hisah
#4294 Posted : Sunday, July 13, 2014 8:28:08 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Total CEO calls for bigger euro role in oil payments - http://www.reuters.com/a...5/idUSL6N0PG0E720140705

Quote:
"There is no reason to pay for oil in dollars," he said. He said the fact that oil prices are quoted in dollars per barrel did not mean that payments actually had to be made in that currency.

French Finance Minister Michel Sapin said on Thursday that euro zone finance ministers would discuss ways of boosting use of the euro in international trade in their next monthly meeting on Monday.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#4295 Posted : Sunday, July 13, 2014 8:31:32 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Boris Boyka
#4296 Posted : Monday, July 14, 2014 4:44:21 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
@hisah have you seen this " National Bank of Kenya
National Bank Of Kenya
Deposit 10,000 USD,GBP or Euro with
National Bank and earn up to 3.5% in
interest." I remember (not the exact thread) you said you'll hold your cash in some currencies.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Boris Boyka
#4297 Posted : Monday, July 14, 2014 4:45:58 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
@hisah have you seen this " National Bank of Kenya
National Bank Of Kenya
Deposit 10,000 USD,GBP or Euro with
National Bank and earn up to 3.5% in
interest." I remember (not the exact thread) you said you'll hold your cash in some currencies.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Boris Boyka
#4298 Posted : Monday, July 14, 2014 4:47:37 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
@hisah have you seen this " National Bank of Kenya
National Bank Of Kenya
Deposit 10,000 USD,GBP or Euro with
National Bank and earn up to 3.5% in
interest." I remember (not the exact thread) you said you'll hold your cash in some currencies.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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murchr
#4299 Posted : Tuesday, July 15, 2014 6:02:27 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
WASHINGTON — Citigroup has agreed to pay $7 billion as part of a landmark Justice Department settlement for its role in the sale of risky, mortgage-based securities in the run-up to the financial crisis, Attorney General Eric Holder announced Monday.
http://www.usatoday.com/...lar-settlement/12616741/
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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murchr
#4300 Posted : Tuesday, July 15, 2014 6:47:07 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
OF INTEREST TODAY.....BRICS SUMMIT WAITING FOR THE HEADLINES

http://in.reuters.com/ar...nk-idINKBN0FK08620140715
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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  | | Edit by user: Tuesday, July 15, 2014 6:56 AM | Reason: Not specified
543 Pages«<428429430431432>»
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