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"A Good Sign" - Sat. PM TNT Thoughts/News 12/1/18

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Post by Ssmith Sun Dec 02, 2018 7:38 am

TNT

Southernguy:

CBI website now showing 1190.000 instead of 1190 .... The CBI is looking very fractional

Silverangel:
Did anyone notice the CBI added 3 zeros behind the decimal point this morning?

GJHHonor:
silverangel what rate does that make it ?

Silverangel:
Same…. could be start of fractional banking

Briona:
By adding 3 zeros to the right of the decimal point, prepares them for removing 3 figures from the left of the decimal point.

DrBob:
That 1190.000 is definitely new. Hopefully a good sign.

Eccle519:
..As long as that decimal keeps moving left, were good!

Ivantulafitov:
main page of CBI has added three decimals to all rates https://cbi.iq US dollar USD 1190.000 ( before and just recently they were only on the auction page ) this is important because it shows they are getting ready to change to RI rates imo which could be something like US dollar USD 0.250 if it were 1 dinar to 4 usd

Harambe:
Reuters: Pompeo condemns Iran missile test

https://reut.rs/2TYGrtf

CNBC: US crude plunges 22% in Nov, settling at $50.93, weakest month i​n over 10 years
https://www.cnbc.com/2018/11/30/oil-markets-opec-output-cuts-oversuppl​y-in-focus.html

Tishwash:
Zimbabwe starts building new parliament, paid by China


Zimbabwe's President Emmerson Mnangagwa on Friday laid the foundation stone for huge new parliament to be built with Chinese funds outside the capital Harare.

The imposing circular complex will be built over 32 months by the Shanghai Construction group at Mount Hampden, 18km north-west of Harare, the Zimbabwe Broadcasting Corporation reported.

Officials say the current colonial-era parliamentary building in the city centre is too small to accommodate lawmakers.

Mnangagwa said at the ceremony that China had provided a "grant, not a loan, to build a new parliament", without giving a figure.

"Other facilities like banks, hotels will be built around this place," Mnangagwa said adding that a "modern, smart city" was planned.

Mnangagwa took over from long-time ruler Robert Mugabe who was ousted by the military in November 2017.

He has vowed to revive Zimbabwe's economy that has been in ruins for nearly two decades.

China has funded and provided loans for many infrastructure projects across Africa in recent years, ranging from roads and power plants to sports stadiums and government institutions.

Critics say China's increasing sway over the continent undermines democracy and sovereignty. link

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Ssmith
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