Sunday, July 9, 2000




Central Bank: are continuing the process of deletion of zeros


SOURCE LINK

Friday, June 30, 2000

Links ~ June 2012

*Iraq's Central Bank tightens restrictions over corruption concerns Starting in June, Iraqi importer-exporters will need a license ...

*UN, Iraq and Kuwait , June 2012? June is the end of the 2nd quarter ~ A busy month for global finance .. Note: June '2011' Articles Of Interest ...

*Iraq and UN Security Council Report June 2012 ...

*Iraq and Chapter 7, June 2012 ~ Foreign Relations Committee will examine the details of the negotiations, Iraq, Kuwait, and write its report ...

*Japan Friday ~ June 8, 2012, The Sanno Matsuri: The festival's grand parade will be held on June 8, 2012 ...

*Alert ~ The Global Elite Gather in Montreal June 11th through June 14th, 2012

*Delete the zeros of the Iraqi currency printed the beginning of 2013 and the new currency in early June

*Iraq's Oil Law ~ will be the first of the laws that Parliament will work on after the legislative recess (June) ...

*Greece Will Leave Europe On June 18, Says Money Manager

*G20 Summit June 18-19-2012 ...Los Cabos, Mexico ...

*G20 Summit June 18-19-2012 in Mexico ~ Joint letter of Presidents Barroso and Van Rompuy to the EU Member States

*June 18-19-2012 .. June Meeting in Moscow ~ Ashton: will have contacts and meetings with some States in preparation for the next round of Moscow in June

*G20 Finance Ministers and Central Bank Governors Discussed Global Initiative to Fund Infrastructure .. and .. link .. Asean Infrastructure Fund (US$ 485 million ) Starts in June 2012

June 20-22-2012 ~ Rio summit (Rio +20) must yield new model: Brazil minister .. and .. link .. June 2012 ~ Rio + 20 UN Conference on Sustainable Development ...

*No Silver Bullet to Resolve Europe Debt Crisis, World Bank’s Zoellick Who Departs June 30th

*June 30th 2012 Iraq's Tariff ~ Parliamentary committee: may not be a law in the absence of tariff protection laws and consumer product ... and .. Iraq's Tariff and Customs Tax ~ June 1st, 2012 ..(Step Towards WTO Accession)

*Dec. 15th 2010 ~ Ban ki-Moon recommend that the Security Council extend the financing of the Coordinator's mandate until 30 June 2012 ...

Wednesday, June 14, 2000

Bankers Group: Markets Want G-20 Action on Growth

Thursday, 14 June 2012

Bankers Group: Markets Want G-20 Action on Growth

Investors want global leaders meeting in Mexico early next week to take action on reviving economic growth, the Institute of International Finance said.


“Markets will be looking expectantly for evidence of a globally coordinated policy response targeted to revive growth prospects worldwide on a sustainable basis,” IIF Managing Director Charles Dallara said in a letter Thursday to leaders attending the Group of 20 summit in Los Cabos, Mexico, on Monday and Tuesday.

The summit will give European leaders a chance to discuss economic concerns with heads of other major economies, including U.S. President Barack Obama. European governments are more focused on building a consensus for another summit they are holding later this month, a U.S. official said yesterday on condition of anonymity.

Europe’s 100 billion-euro ($126 billion) bailout last weekend of Spain’s banks showed “evidence of a willingness to take collective and coordinated action,” Dallara said. The bailout was a “vital near-term crisis-fighting measure” and highlights the potential benefits of allowing the European Stability Mechanism, or ESM, to recapitalize banks when needed, he said.

French President Francois Hollande has called for the ESM to be used to recapitalize banks, the French daily Le Monde reported.

Greek Election

Dallara said a new Greek government following June 17 elections should “reaffirm its commitment to the central tenets of its reform program -- liberalizing labor and product markets, advancing privatization, and strengthening the competitiveness of the economy with a greater focus on fiscal and structural reforms.”

Greece votes a second time in six weeks after a May 6 ballot failed to yield a government. The Syriza party has promised to abrogate the terms of the 240 billion-euro ($303 billion) bailout from the European Commission, European Central Bank and International Monetary Fund, which calls for cuts that risk deepening the country’s worst recession since World War II.

“Europe absolutely needs to chart a course” to be able to “move out of this lurch, crisis-to-crisis mode,” Dallara said at a news conference in Washington Thursday.

The IMF “is likely going to have to play a more active role in supporting the European efforts,” he said. “A bit of ingenuity and creativity may be needed because the IMF remains well-positioned to play a supportive role.”

The Washington-based IMF could coordinate a fund to help countries provide job training to reduce unemployment, Dallara said.

Dallara said last week that he plans to step down as managing director this year.

Bankers Group: Markets Want G-20 Action on Growth

Thursday, 14 June 2012

Bankers Group: Markets Want G-20 Action on Growth

Investors want global leaders meeting in Mexico early next week to take action on reviving economic growth, the Institute of International Finance said.

“Markets will be looking expectantly for evidence of a globally coordinated policy response targeted to revive growth prospects worldwide on a sustainable basis,” IIF Managing Director Charles Dallara said in a letter Thursday to leaders attending the Group of 20 summit in Los Cabos, Mexico, on Monday and Tuesday.

The summit will give European leaders a chance to discuss economic concerns with heads of other major economies, including U.S. President Barack Obama. European governments are more focused on building a consensus for another summit they are holding later this month, a U.S. official said yesterday on condition of anonymity.

Europe’s 100 billion-euro ($126 billion) bailout last weekend of Spain’s banks showed “evidence of a willingness to take collective and coordinated action,” Dallara said. The bailout was a “vital near-term crisis-fighting measure” and highlights the potential benefits of allowing the European Stability Mechanism, or ESM, to recapitalize banks when needed, he said.

French President Francois Hollande has called for the ESM to be used to recapitalize banks, the French daily Le Monde reported.

Greek Election

Dallara said a new Greek government following June 17 elections should “reaffirm its commitment to the central tenets of its reform program -- liberalizing labor and product markets, advancing privatization, and strengthening the competitiveness of the economy with a greater focus on fiscal and structural reforms.”

Greece votes a second time in six weeks after a May 6 ballot failed to yield a government. The Syriza party has promised to abrogate the terms of the 240 billion-euro ($303 billion) bailout from the European Commission, European Central Bank and International Monetary Fund, which calls for cuts that risk deepening the country’s worst recession since World War II.

“Europe absolutely needs to chart a course” to be able to “move out of this lurch, crisis-to-crisis mode,” Dallara said at a news conference in Washington Thursday.

The IMF “is likely going to have to play a more active role in supporting the European efforts,” he said. “A bit of ingenuity and creativity may be needed because the IMF remains well-positioned to play a supportive role.”

The Washington-based IMF could coordinate a fund to help countries provide job training to reduce unemployment, Dallara said.

Dallara said last week that he plans to step down as managing director this year.

Bankers Group: Markets Want G-20 Action on Growth

Thursday, 14 June 2012

Bankers Group: Markets Want G-20 Action on Growth

Investors want global leaders meeting in Mexico early next week to take action on reviving economic growth, the Institute of International Finance said.

“Markets will be looking expectantly for evidence of a globally coordinated policy response targeted to revive growth prospects worldwide on a sustainable basis,” IIF Managing Director Charles Dallara said in a letter Thursday to leaders attending the Group of 20 summit in Los Cabos, Mexico, on Monday and Tuesday.

The summit will give European leaders a chance to discuss economic concerns with heads of other major economies, including U.S. President Barack Obama. European governments are more focused on building a consensus for another summit they are holding later this month, a U.S. official said yesterday on condition of anonymity.

Europe’s 100 billion-euro ($126 billion) bailout last weekend of Spain’s banks showed “evidence of a willingness to take collective and coordinated action,” Dallara said. The bailout was a “vital near-term crisis-fighting measure” and highlights the potential benefits of allowing the European Stability Mechanism, or ESM, to recapitalize banks when needed, he said.

French President Francois Hollande has called for the ESM to be used to recapitalize banks, the French daily Le Monde reported.

Greek Election

Dallara said a new Greek government following June 17 elections should “reaffirm its commitment to the central tenets of its reform program -- liberalizing labor and product markets, advancing privatization, and strengthening the competitiveness of the economy with a greater focus on fiscal and structural reforms.”

Greece votes a second time in six weeks after a May 6 ballot failed to yield a government. The Syriza party has promised to abrogate the terms of the 240 billion-euro ($303 billion) bailout from the European Commission, European Central Bank and International Monetary Fund, which calls for cuts that risk deepening the country’s worst recession since World War II.

“Europe absolutely needs to chart a course” to be able to “move out of this lurch, crisis-to-crisis mode,” Dallara said at a news conference in Washington Thursday.

The IMF “is likely going to have to play a more active role in supporting the European efforts,” he said. “A bit of ingenuity and creativity may be needed because the IMF remains well-positioned to play a supportive role.”

The Washington-based IMF could coordinate a fund to help countries provide job training to reduce unemployment, Dallara said.

Dallara said last week that he plans to step down as managing director this year.