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Dinarian Lawson says that many countries are ready to RV
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Dinarian Lawson says that many countries are ready to RV
LAWSON
Lawson:It appears that Tony and DC were correct when they said Iraq has been ready for their RI/RV since July...the hold up has apparently been between the US and the other country expected to RV...namely India.
As Roberto Azevêdo, WTO Director-General, stated Friday at the G-20 meeting, the situation appears to be finally coming to a conclusion. "I have called this press conference today because we have heard good news in recent days that may help unblock the negotiating impasse that we have been experiencingsince July.The impasse is the result of different views, as you know, about two issues of the Bali package - on the one side, the Trade Facilitation Agreement and on the other side the public stock-holding ministerial decision. But, yesterday, I received very positive news, as I said, that the US and India have reached an understanding that could help us overcome the stalemate and enable the implementation of the Bali issues, including the Trade Facilitation Agreement.
Back on September 21, 2014 IMF's Christine Lagarde also echoed the same sentiments about the impasse between the US and India in her response when she was asked the question: "Emerging economies have been looking for a larger say in the affairs of the IMF, how soon can we see these reforms happening?"
CL: "Well, international institutions have to mirror the state of the world and its changes. So you will be pleased to know that we have redeployed our participation in the FSB (Financial Stability Board) in order to allow better representation at the table for countries like India and other emerging market economies. So, we volunteered that and we are very proud of having done so.
As you know, the composition of our board and the governance of the IMF, particularly its reform,is predicated on the United States Congress, voting the ratification of the governance reform. We very much hope this will happen. It is overdue by two years now. And we do everything we can to convince of the necessity of this reform."
So in closing, look towards the sleeper that rarely gets mentioned...India, and when that negotiating gets completed, I believe we will see the RV. While we're looking to the left, their moving to the right. Hope this sheds some light on the situation.
Ponee- Admin
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Re: Dinarian Lawson says that many countries are ready to RV
No mention of RV at all, and to say there is calls for a real stretch of the imagination.
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Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
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Re: Dinarian Lawson says that many countries are ready to RV
My friend who has dinar but not following any gurus nor any news.. she is the kind of person, I buy it and stuff it in the drawer, kinda person.. has been telling me to buy Indian Rupee for over a year . She said she feels it in her heart. She asked me to look into it and I kinda blew the idea off
I think BRICS is pretty good to look into if they are going to be a player in the future. I just assume finish with dinar and see what happens.
I think BRICS is pretty good to look into if they are going to be a player in the future. I just assume finish with dinar and see what happens.
Guest- Guest
Re: Dinarian Lawson says that many countries are ready to RV
Forwards and backwards, sideways, below and above us, ( TOTAL B.S. ) What ever drugs these yay who's are on, they really need to take a one way trip with no return ticket
RoyBoy- VIP Member
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Re: Dinarian Lawson says that many countries are ready to RV
I think the BRICS MAY be a player eventually, but they are also being hyped by the gurus and others with an agenda. Their combined GDP is than the GDP of the US or the European Common Market. Estimates for 2014 place it at about 13T compared to about 17T for the US. BTW, over 1/2 of their GDP comes from China. So in that sense, everyone else is a real lightweight. BTW since you mentioned the Rupee, they are currently ranked #10 in GDP at about 2T. US is number 1, China is number 2 with a little more than 1/2 of the US GDP, and Japan is number 3 with about 1/2 of that.
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
- Posts : 27254
Join date : 2011-08-09
Age : 24
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