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Iran's central bank stops US dollar transactions, adopts RMB
01-27-2015, 04:18 PM (This post was last modified: 01-27-2015 04:18 PM by Thinker.)
Post: #1
Iran's central bank stops US dollar transactions, adopts RMB
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Dollar fading? Iran's central bank has announced that it will stop mutual settlements in the US dollar with other countries, with the Chinese yuan or renminbi being named as one of the alternatives. In trade exchanges with foreign countries, Iran uses other currencies, including yuan, euro, Turkish lira, Russian ruble and South Korean won, Gholamali Kamyab, deputy head of the Central Bank of Iran, told the country's Tasnim news agency.
http://www.wantchinatimes.com/news-subcl...4&cid=1201

In the video below, it takes a look at the upcoming Federal Reserve meeting which will take place over two days on January 27 and 28th, just a few days after the much talked about European Central Bank meeting which took place on January22nd.

Will China Pull a "Switzerland" on the U.S. Dollar?

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01-27-2015, 04:32 PM
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RE: Iran's central bank stops US dollar transactions, adopts RMB
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(01-27-2015 04:18 PM)Thinker Wrote:  Iran's central bank has announced that it will stop mutual settlements in the US dollar with other countries...

And the headlie on the front page of Fox News:

Senate Dems back down on Iran, say won’t support sanctions bill yet


A group of Senate Democrats on Tuesday eased off their push for new Iran sanctions, potentially taking the wind out of the bipartisan effort to muscle through the legislation in the face of a President Obama veto threat....

http://www.foxnews.com/politics/2015/01/...-bill-yet/

Popcorn is now being served.

"Don't gain the world and lose your soul, wisdom is better than silver or gold" -Bob Marley
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01-27-2015, 04:46 PM (This post was last modified: 01-27-2015 04:47 PM by Thinker.)
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Now Halifax Bank of Scotland scandal report is put off till after election
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Furious MPs have attacked the City watchdog for delaying the release of a report into the collapse of Halifax Bank of Scotland until after the General Election. The findings will expose the disastrous blunders of former bank executives, regulators, as well as politicians. But they will now not be published until the summer at the earliest – nearly seven years since HBOS imploded after years of reckless lending, triggering a £20billion bail out from the taxpayer.
http://www.dailymail.co.uk/news/article-...cians.html

'Halifax Bank of Scotland Whistleblower' Paul Moore on Banking Reform - Paul Moore, former Head of Group Regulatory Risk at Halifax Bank of Scotland, whose claims about risk taking at HBOS led to the resignation of its former boss Sir James Crosby from the UK's financial watchdog, reveals some very interesting insider experiences with the practices of bank lending, sales culture...He answers some crucial questions: Do the guys at the top of the banks understand that bank lending creates new money? Do they consider the impact they have on economy? Has anything actually changed since the crisis began? "Incentives are all about sales." "The Head of Risk himself in retail bank said that they pay no attention whatsoever to risk management." "The banking crisis drove more than a hundred million people back into poverty, the mortality statistics of people who go into poverty, rise hugely... So, the banking crisis isn't just about becoming poorer, it was about killing people as well."

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01-27-2015, 05:24 PM
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It Is Time For Iran To Tell The West ‘Goodbye’
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(01-27-2015 04:32 PM)mcetcher Wrote:  
(01-27-2015 04:18 PM)Thinker Wrote:  Iran's central bank has announced that it will stop mutual settlements in the US dollar with other countries...

And the headlie on the front page of Fox News:

Senate Dems back down on Iran, say won’t support sanctions bill yet


A group of Senate Democrats on Tuesday eased off their push for new Iran sanctions, potentially taking the wind out of the bipartisan effort to muscle through the legislation in the face of a President Obama veto threat....

http://www.foxnews.com/politics/2015/01/...-bill-yet/

From all appearances, the Obama regime’s negotiations with Iran, overseen by Russia, were on the verge of ending the contrived nuclear issue. An end to the confrontation is unacceptable to the Zionist Israeli government and to their neocon agents in America. The Republicans, a political party owned lock, stock, and barrel by the Israel Lobby, hastily invited Netanyahu, the crazed ruler of both Israel and America, to quickly come to tell the Republican Congress, which the insouciant American voters put in place, how to prohibit any accommodation with Iran. Observing the Israeli-controlled Republican Congress, a collection of warmongers, taking steps to prevent any peaceful resolution of a fabricated issue, Iran’s leader, Seyyed Ali Khamenei sent a letter to Western youth advising the youth of the Western world of the mischaracterization of Islam by Western propagandists.
http://www.globalresearch.ca/it-is-time-...ye/5427058

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