Forex Rates Republic Bank

FXZig - Forex robots(Expert Advisors) for MT4 Podcast Republic

submitted by dallina to u/dallina [link] [comments]

Forex is the best wingman in The Old Republic.

So I'm finally done with Trooper storyline with mostly M1-FX as my companion and I cannot believe this guy approves almost everything I do no matter how evil/stupid it is as long as it benefits the Republic. I remember:
--TROOPER STORY SPOILERS--

I love this guy. Made that Trooper storyline somewhat better.
submitted by IIIMingLeeIII to swtor [link] [comments]

Финансовая кухня от псевдо-брокера BDP Finance или как гарантированно понести убытки

Финансовая кухня от псевдо-брокера BDP Finance или как гарантированно понести убытки - развод или правда. Честный отзыв от Baxov.Net


Брокерская компания BDP Finance – это шайка мошенников, обманывающая трейдеров. Аферисты создали онлайн-платформу для торгов на бирже и приглашают всех желающих инвестировать в их проект деньги. Делать этого ни в коем случае нельзя, ибо любой ваш вклад обернётся убытками. Почему? Давайте разбираться.
E-mail адреса проекта
[[email protected]](mailto:[email protected])
Внимание! мошенники очень часто меняют адреса своих лохотронов. Поэтому название, адрес сайта или email может быть другим! Если Вы не нашли в списке нужный адрес, но лохотрон очень похож на описанный, пожалуйста свяжитесь с нами или напишите об этом в комментариях!
Информация о проекте
Давайте начнём с легенды этого лохотрона. О себе мошенники пишут:

BDP FINANCE – ОДНА ИЗ ВЕДУЩИХ АЗИАТСКИХ БРОКЕРСКИХ КОМПАНИЙ
BDP Finance предлагает лучшие торговые условия и профессиональный торговый терминал для опытных трейдеров. Клиентам, не имеющим существенного опыта торговли на финансовых рынках, мы рекомендуем вести торговлю с персональными аналитиками компании BDP Finance.

Азиатская? Забавно. Конечно, если заглянуть на сайт прохиндеев, можно увидеть мультиинтерфейс. Среди представленных языков есть и азиатские. Но в личном кабинете на выбор предлагается только английский и русский. О чём это говорит? О том, что жулики в основном ориентируются на русскоязычных пользователей. Но давайте читать легенду дальше:


Рождение бренда и первые успехи
В 2014 году команда профессиональных трейдеров и IT-специалистов из Китая создали бренд BDP Finance. До конца года брокер смог привлечь десятки тысяч новых пользователей, которые оценили преимущества брокера над конкурентами.

Да, домен старый. Но, по данным ВебАрхива, ещё год назад на этом домене находился сайт, принадлежащий компании, разрабатывающей программное обеспечение для банков и финансовых организаций. То есть бренду BDP Finance в реальности нет и года.

По всему видно, что легенда лживая, поэтому не буду утомлять вас продолжением.
Чем же якобы предлагают торговать шарлатаны? Контрактами на разницу (CFD). Набор финансовых инструментов стандартный:
акции,
сырьё,
индексы,
валютные пары,
криптовалюта.
Типов счетов три. Условия такие:

Mini:
Минимальный депозит: $100
Кредитное плечо: 1:20
Финансовые инструменты: Forex, Metals, Сommodities, Crypto
Скорость исполнения: 0.1-0.5 сек
Standard:
Минимальный депозит: $1 000
Кредитное плечо: 1:100
Финансовые инструменты: Forex, Metals, Indices, Commodities, Stocks, Crypto
Скорость исполнения: 0.01-0.05 сек
PRO:
Минимальный депозит: $10 000
Кредитное плечо: 1:200
Финансовые инструменты: Forex, Metals, Indices, Commodities, Stocks, Crypto
Скорость исполнения: 0.01-0.05 сек
Защита депозитов
Круглосуточная персональная поддержка
Как видите, аппетиты у мошенников немаленькие.
Аферисты уверяют, что работают легально. С их слов их компания зарегистрирована в Сент-Винсент и Гренадинах. Кто не знает, это такое офшорное государство в Карибском море. Далековато от Азии. Проверить документы компании в офшоре затруднительно. Нужен официальный запрос от компетентных органов. Поэтому доверять брокерам, зарегистрированным там, не стоит. Впрочем, я думаю, что наши шарлатаны вообще не имеют никакой регистрации. Дело в том, что они не соизволили опубликовать свидетельство о регистрации и лицензию финансового регулятора. Кроме того, мошенники оформили свои реквизиты в подвале сайте не в виде текста, а в виде картинки. Чтобы нам с коллегами было сложнее скопировать данные и проверить по юридическим реестрам. Мне не сложно перепечатать вручную:

Innovative Market Investments LLC, регистрация №345 LLC
Поиск компании результатов не дал. Видимо, она сверхсекретная.
Теперь давайте посмотрим на пользовательское соглашение. Хотя я бы его так не называла. Документу больше подходит определение – филькина грамота. Что написано в начале?


Настоящее пользовательское соглашение (далее, «соглашение»), включая условия предоставления трейдерских услуг, подготовлено компанией Bdpfinance Limited.

И что это за компания такая - Bdpfinance Limited? Номера регистрации нет, других реквизитов тоже нет. Innovative Market Investments LLC там вообще не упоминается. А что упоминается? Отказ от ответственности. Например:

2.9. Мы не предоставляем никаких явных или подразумеваемых гарантий в отношении:

2.9.2. работы, качества, функциональных возможностей торговой платформы…

То есть жулики предупреждают, что верить данным в торговом терминале нельзя. Кроме того, если вы подхватите вирус, используя программное обеспечение BDP Finance, это ваши проблемы. При этом аферисты уточняют:

27.2. Компания не несёт ответственность:
27.2.1. за любые убытки, расходы, затраты или финансовые обязательства (в совокупности именуемые «убытки»), понесённые пользователем, за исключением случаев, когда пользователь понёс такие убытки в результате небрежности или умышленного невыполнения обязательств со стороны Компании, и в той мере, в какой эти убытки вызваны указанными выше причинами…

Это всё, конечно, хорошо. Но как доказать, что Компания умышленно не выполняла обязательства, если она не гарантирует работоспособность и надёжность платформы? То есть по сути жулики вообще ни за что не несут ответственность.
Вы всё ещё хотите зарегистрироваться на этом лохотроне и вложить денег?
Контакты проекта
Адрес регистрации «компании»: Suite 305, Griffith Corporate Centre, Beachmont, Кингстаун, Сент-Винсент и Гренадины, VC0100 P.O. BOX 1510 – этот адрес фигурирует во многих подобных лохотронах.
Адреса «офисов»:
12/F, Wing On Plaza, 62 Mody Road, Tsim Sha Tsui, Hong Kong, Hong Kong
Gwan-Og Bldg, 563 Itaewon-dong, Yongsan-gu, Seoul, The Republic of Korea
Beaumont Business Centres, 6 Snow Hill, Farringdon, London EC1A 2AY, United Kingdom
Все адреса – липа.
Данные по сайту:
домен BdpFinance.com был зарегистрирован 29 марта 2014 года
имя собственника скрыто
Разоблачение проекта
То, что BDP Finance – лохотрон, нет сомнений.
Во-первых, у шарлатанов нет документов, подтверждающих легальность их работы. Упоминание какой-то мутной шараги, якобы зарегистрированной в Карибском бассейне, не в счёт. В пользовательском соглашении Innovative Market Investments LLC не упоминается. Связь этой офшорной компании с Bdpfinance Limited не прослеживается. Кроме того, если бы данные аферисты работали легально, у них были бы документы о регистрации в Гонконге, Корее и Британии. И в России, раз уж этот типа брокер работает на территории РФ,
Во-вторых, пользовательское соглашение, которое точнее было бы назвать филькиной грамотой, наполнено противоречиями и отказом от ответственности. Писал текст соглашения не юрист, а копирайтер-недоучка. Работать с компанией, которая не желает предоставлять качественные услуги, опасно.
В-третьих, у прохиндеев лживая легенда. Аферисты пишут, что работают с 2014 года, но в реальности лохотрону нет и года.
В чём же суть афёры? Всё просто. Мошенники банально заманивают начинающих трейдеров в финансовую кухню. На жаргоне так называют ситуацию, когда заявки закрываются за счёт встречных заявок других трейдеров того же брокера или самим брокером. Это ведёт к конфликту интересов. Ибо брокер не может работать в убыток.
Кроме того, жулики используют сомнительный торговый терминал, и могут рисовать любые графики и котировки.
Реальных торгов мерзавцы не ведут. Вся их деятельность – имитация. Безусловно, первое время шарлатаны будут изображать бурную деятельность и даже нарисуют какую-то прибыль в личном кабинете клиента. Вывести «заработанное» не получится. Мошенники найдут миллион причин, чтобы не переводить деньги. «Прибыль» нужна только для того, чтобы трейдер вложился ещё.
Жулики будут доить бедолагу до тех пор, пока не загонят в долги. Поэтому поддаваться искушению и вкладывать в этот лохотрон не стоит.
Что делать, если вы уже пострадали от действий аферистов? Пытаться оформить возврат платежа, если вы платили банковской картой. И обратиться в полицию.
Возможные потери на проекте
Итого: калькуляция возможных потерь на проекте – любая сумма, выше 100 долларов.
Вывод о проекте
BDP Finance – лохотрон. Документов у них нет, легенда лживая, торговый терминал сомнительный. Не связывайтесь с этими мошенниками. Любой ваш вклад обернётся убытком.


Уберегайте себя и активы вместе с Baxov.Net
https://www.baxov.net/reviews/finansovaya-kukhnya-ot-psevdo-brokera-bdp-finance-ili-kak-garantirovanno-ponesti-ubytki
submitted by Baxov_Net to u/Baxov_Net [link] [comments]

Inflation, Gauge Symmetry, and the big Guh.

Inflation, Gauge Symmetry, and the big Guh.
Sup retards, back at it with the DD/macro.
scroll to the rain man stuff after the crayons if you don't care about the why or how.
TLDR:
June 19 $250 SPY puts
May 20 $4 USO puts
SPY under 150 by January next year.

So I was going about my business, trying to not $ROPE myself as my sweet tendies I made during the waterfall of March have evaporated, however, I heard that the fed was adding another $2.3T in monopoly money to the bankers pile specifically to help facilitate these loan programs being rolled out.
In short, they are backing these dumb-ass, zero recourse, federally mandated, loans with printing press money.
But cumguzzler OP, your title is about inflation and guage simp--try, why are you talking about the fed #ban.
Well, when you print money it is an inflationary action in theory. Let me explain.

EDUMACATION TIME

What is inflation? Inflation is the sustained increase in the price level in goods and services. Inflation is derived from a general price index, and in the US, from the consumer price index. Knowing that inflation is an outcome, not a set policy is very important. Inflation is a measurement after the fact, much like your technical astrology indicators. (**ps, use order flow in your TA you wizards**)
HOWEVER, the actual act of buying bundles of these loans does not directly impact inflation.
Now what is Gauge symmetry? Gauge symmetry is a function of math and theoretical physics that can be applied to finance models. What a gauge is, is a measurement. Gauge symmetry is when the underlying variable of something changes, however, we do not observe that variable change.
A great example of this is if you and a friend are moving, and your friend is holding a box of tendies. The box is a cube, equal on all sides. If you turn away for a moment and she rotates the cube 90 degrees while you are not looking, and you look back - you would have no idea the cube was rotated. There was a very real change in the position of the cube in relation to space-time. Your friend acted on it. But you didn't measure it, in fact it would be impossible for you to determine if the box was changed at all if you weren't observing it. That movement of the box where you didn't observe it, is called gauge transformation and happens literally more then JPow fucks my mom in quantum physics. The object observably exactly the same even though it is not physically the same. The act of it existing as an observably the same box is gauge symmetry - it is by observation symmetrical.
Why this is important, is that fiat money doesn't have any absolute meaning. The value of $1 is arbitrary. furthermore, Inflation is a Guage symmetry. Inflation has no real impact on the real value of the underlying goods and services, but rather serves as a metric to measure the shift of value across a timeline.
When JPow starts pluggin' your mom along with all these balance sheets, there is a gauge symmetry event happening. The money he is printing is entering the system (gauge transformation), this isn't an issue if all pricing against the USD get shifted equally, however, the market is not accounting for this money because we don't have real-time data on what is being applied where, we only get a slow drip in terms of weekly and monthly reports. WE HAVE OUR EYES CLOSED. This is a gauge symmetry event.
When this happens in real terms, the market becomes dislocated from its real value price. Well how do we know there is a dislocation?
"YoU JuSt SaId tHe UnDeRlYiNg VaLuE iZ AbStRaCkKt HuRr QE aNd MaRkEtS Iz ComPlEx ReAd A TeXtBuK AbOuT FrAcTiOnAl ReSErVe BanKiNg YoU NeRd." - **anyone rationalizing the bull run**
We can look at Forex you fish.
USD lives in a bubble. The Yen is in a bubble, the RMB is in a bubble, and we exchange with each other. the Jap central bank has little effect on the CPI index (cost of goods and services) of the US. If the Yen prints a gazillion dollars, the USD is not effected EXCEPT in its exchange rate. YEN:USD would see a sizeable differential the more Yen is printed and vise-versa.
So NOW instead of JPow getting away with plowing your girlfriend, we can catch the bitch.
Instead of looking at the gauge transformation at face value and then giving up because it is symmetrical output, we can look and see if this gauge symmetry carries over to the foreign exchange market. Well guess what happens when you look at the value of the USD against foreign currencies.
Consistent uncertainty during the fed operations. Meaning the market of banks that partake in FX swaps don't know where to spot the USD. Generally a very very bad thing.
Value of the USD to Euro 2017-2020, notice the slow decline, then the chaos at the end
Above is the value of the USD to Euro, notice the sloping decline. The dollar has been growing weaker since 2017. At the end you see our present issues, lets #ENHANCE
USD to Euro, January 2020 to Present
When you see those spikes, those are days in between Fed action. The value of the US goes up when the fed doesn't print because people aren't spending. Non-spending is a deflationary event and has a direct impact on the CPI. However, each drop when you line up the dates, was a date of Fed spending.
Lets look outside of the Eurozone.

This is the RMB to USD. Yes China manipulates, but look at the end of the graph
China manipulated rates early in 2018 however you can see the steady incline upward towards the of 2018. More specifically, lets look at it since December.
RMB value against USD, January to Now
You Can see the Chinese RMB has been gaining steam since December, even with Chinese production falling off a cliff all through this pandemic.

What this rain man level autism means for the economy.

Looking across the board at Forex we can see the USD having a schizo panic attack jumping up and down like me at a mathematics lecture.
But what does all this gauge BDSM and shit have to do with the markets? Well it shows 1 of 3 things are occuring.
  1. The fed is printing money to offset deflationary pressures of the economy being fuk for the past month, and therefore all this printing is offset by the loss of liquidity throughout the system and we are all retared. (SECRET: THIS IS WHAT ALL THE INSTITUTIONS THINK IS HAPPENING AND WE WILL ALL BE FINE.)
  2. The deflationary event is overplayed, and JPow just is nailing his coffin together. This would result in long term hyperinflation similiar to the Weimar republic. The only hedge against this is to load up on strong currency that do not manipulate and have enough distance from US markets that they can have some safety (ironically the Ruble is the safest currency. Low link to the USD and not influenced by China, and on discount rn)
  3. The gauge transformation is actually not as severe as they are blurting out, the fed does not pass go, does not actually print 10 Trillion dollars, and this was all a marketing ploy to not get Trump involved and prop markets. In this case, the real deflationary event is real, the USD red rockets harder then my cock and we end up market-wise at a very high asset price in relation to real value. This one is most dangerous because it increases the real value of debt and has mass dislocation between real value and market cap. You took debt at a fixed interest rate and a fixed principal, this would cause the biggest GUH in history when all of a sudden you are $100 million in debt and your revenue was $50 million a year ago, but now is only $25 million. That $100 million in debt is still $100 million and now you have a credit crisis because past values of money were inflated. This spirals into a large scale solvency crisis of any company utilizing current growth methodology (levering up to your tits in debt)
In only 1 of these 3 scenarios do we see any sort of "good" outcome? That would be the offset of deflationary pressures.
It is very important to understand that inflation is only a measurement, and itself does not denote value of real goods and services.

Option 1 of a print fiesta that works (something similar to 1981-82) seems possible. A similar environment and reaction occured in the early 80s when the government brute-forced a bull run using these same offset theorems but in that situation, Volker at the fed had interest rates at 21.5% and had 20% to come down to stimulate the inflationary reaction.
Long term this would just lever up more debt and expanded the real wealth gap over time because we kicked the can down the road another 15 years. If that happens again socioeconomically I don't see capitalism surviving (yeah Im on my high horse get over it). This is the option that many fiscal policymakers and talking heads abide by and the reason why the markets are green. However, it is really just kicking it down the road and expanding real wealth inequality. You think Bernie Sanders is bad, wait until homes cost $3million dollars in Kentucky and AOC Jr comes around.

If we get option 2, we see hyperinflation and we turn into Zimbabwe, which is great, I've always wanted to see Africa. Long term we could push interest rate back to 1980 Volker levels and slowly revalue the US against real value commodities already pegged to the USD like oil. This would be a short term shock but because of international reliance on the USD system, we could slowly de-lever this inflation over 2-3 years and be back to normal capacity although the markets would blow their O-ring. Recession yes, but no long term depression.

If we get option 3, the worst long term option in my opinion, basically any company with any revolver line drawn down when that hits is going to go under, private equity won't touch it with a 20ft stick because cashflows couldn't possibly handle the debt on the end of the lever, and we see mass long term unemployment. The only way out of the spiral of option three is inflationary pressure from the fed+government, but because we are already so far down the rabbit hole at the current moment there's no fucking way we could print another 10 trillion. USD treasuries couldn't handle the guh and we would essentially be functionally forced into a long term (7-10 year) depression because nothing anyone could do would delever the value of the dollar. This would result in the long term collapse of the United States as a world power and would render us like Russia in 1991.

Thank you for coming to my ted talk.
submitted by TaxationIsTh3ft to wallstreetbets [link] [comments]

[Diplomacy] CEMAC - Congo-Kinshasa Negotiations 2021

CEMAC - Congo-Kinshasa Negotiations 2021

Congo-Kinshasa has decided to actively pursue integration into the CEMAC organization. As a subsidiary of ECCAS, CEMAC has seen far greater levels of economic integration and development than the broader organization - primarily due to Angolan-Congolese tensions. However, times have changed. The UDSP and President Tshisikedi would like to open a formal negotiation session with CEMAC and create a 2 year pathway to membership for the Democratic Republic of the Congo.
Congo-Kinshasa is willing to offer the following timeline agreement to CEMAC for a 2 year long, high-intensity integration session, culminating in full membership. The largest aspect of these negotiations will be the CFA Franc, and necessary reform to both it and Congo-Kinshasa’s financial system. Should the following agreement pass, we believe these issues will be solved.
CEMAC - Democratic Republic of the Congo Ascension Agreement
  • With guidance from CEMAC, the DRC agrees to reform its financial and banking regulations in line with CEMAC regulations.
  • The DRC agrees to reform its judicial system in accordance with CEMAC legislation.
  • The DRC agrees to send representatives to every operating CEMAC body, and integrate the representative positions as appropriate per CEMAC rules.
  • CEMAC agrees to de-peg the CFA Franc from the Euro and float the currency on international forex markets
  • CEMAC agrees to implement a zero-tarrif Internal Free Trade Agreement, in line with the bloc’s next step towards economic integration
We hope that this agreement is implemented in time for DRC membership in CEMAC by 2023.
submitted by deusos to Geosim [link] [comments]

Brokervergleich Tabelle

Da der Brokermarkt momentan sehr dynamisch ist und viele neue Player dazukommen, habe ich begonnen, eine Vergleichstabelle zu erstellen. Diese ist noch nicht vollständig und wird sich in den nächsten Wochen und Monaten wahrscheinlich noch stark ändern. Daher lade ich euch alle ein, miteinander etwas Ordnung ins Chaos der verschiedenen Anbieter zu bringen, indem wir diese Google Tabelle gemeinsam bearbeiten.
Interessante Broker:
Vergleich im Bezug auf:
Noch ein paar gute andere Posts von u/Rainer74:
Vergleich Wertpapier-Orderkosten
Großer ETF Sparplan-Kosten Vergleich
Deutsche Banken/Broker - Who is who ?
Trade Republic vs JustTrade vs Gratisbroker vs Freetrade vs Nextmarkets vs Plus 500 vs Robinhood vs Degiro
submitted by JudgementOfTheCrowd to mauerstrassenwetten [link] [comments]

770INVEST отзывы о брокере. Если вы попались на развод от 770invest.com черного брокера пишите нам на [email protected]

770INVEST отзывы о брокере
Если вы попались на развод от 770invest.com черного брокера пишите нам на [[email protected]](mailto:[email protected])
770INVEST отзывы. Мы поможем вернуть ваши вложения с брокера 770invest.com.
И так давайте рассмотрим новый сайт 770invest.com который принадлежит компании Seventy Solutions Ltd. Зарегистрированной на Маршалловых островах по адресу Seventy Solutions Ltd. Trust Company Comples, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960.
Сайт
Сайт компании довольно хорош, тут вы можете найти кучу информационных и обучающих материалов. Так же есть аналитика, и краткие вводные в мир форекс. Так же немного объяснения по рынкам и по торговле. Мы с вами сегодня разберем несколько пунктов меню компании 770invest.com.
Читать далее....
submitted by db-forex to u/db-forex [link] [comments]

Brokervergleich Tabelle

Da der Brokermarkt momentan sehr dynamisch ist und viele neue Player dazukommen habe ich begonnen, eine Tabelle zu erstellen. Diese ist noch nicht vollständig und wird sich in den nächsten Wochen und Monaten wahrscheinlich noch stark ändern. Daher lade ich euch alle ein, miteinander etwas Ordnung ins Chaos der verschiedenen Anbieter zu bringen, indem wir diese Google Tabelle bearbeiten.
Interessante Broker:
Vergleich im Bezug auf:
submitted by JudgementOfTheCrowd to Finanzen [link] [comments]

European Banks - Where Can I Easily Open a Bank Account?

European Banks - Where Can I Easily Open a Bank Account?
Choosing a foreign bank to open an account in is a difficult task. Many details must be taken into account so that you don’t run into failure or problems with account operations in the future.
Today, we have gathered 7 banks that will easily open an account for you (sometimes even remotely) and will not strictly monitor transactions on it.
https://preview.redd.it/s19up259z6951.png?width=3840&format=png&auto=webp&s=0e1b7d2ea22bc9871082ec856f5ab5d7a32d8038
FIO Banka
Country: Czech Republic
Year of foundation: As an online broker - since 1993, as a bank - since 2010.
FIO is the most loyal bank in Europe. There, you can open an account for any type of activity, from FOREX to gambling. There are no extra fees for maintenance or minimum balance and limits. Of course, the FIO does not require documentary evidence of the payments made.
Documents required to open an account:
  • foreign passport and internal passport;
  • company documents;
  • apostille of the Certificate of Incumbency to the corporate director or founder, if the company is older than 6 years;
  • strictly colored scans of all documents;
  • account opening term: 2-3 days
Do I need a personal visit to the bank? Yes. After reviewing the documents by the bank, you need to personally visit the department to verify your identity.
CSOB Banka
Country: Czech Republic
Established: 1964
CSOB Banka is the second largest bank in the Czech Republic in terms of capitalization and one of the most influential banks in Europe. There are no restrictions on dollar payments and a minimum deposit. You can manage your account through the online banking. CSOB is loyal to operations via the account, and does not require confirmation by agreement or invoice.
Documents required to open an account
Personal account:
  • passport or another identity document.
  • confirmation of address.
Corporate Account:
  • apostilled set of legal documents for the company.
If the company is with a nominee service, remote identification of an individual as a director or shareholder is required.
Account opening period: 5-7 days.
Do I need a personal visit to the bank? Yes. After reviewing the documents by the bank, you need to personally visit the department to verify your identity.
Ceska sporitelna
Country: Czech Republic
Established: 1825
Ceska Sporitelna is a very loyal bank that does not require confirmation of each payment made. All financial tasks can be quickly solved with the help of Internet banking.
Documents required to open an account:
  • statutory documents for the company (originals);
  • full extract from the Register without apostille (only for Czech companies);
  • Certificate of Good Standing with an apostille (for 3+ months companies);
  • beneficiary's domestic and foreign passport;
  • certified power of attorney to open an account;
  • a brief description of the business or website URL for online business;
  • account opening period: 7-14 days
Do I need a personal visit to the bank? Yes. After reviewing the documents by the bank, you need to personally visit the department to verify your identity.
MKB Bank
Country: Hungary
Established: 1950
MKB Bank is one of the largest banks in Hungary. An account will be opened for free, if necessary, a plastic Visa or MasterCard will be issued. You can open an account for an offshore company, but MKB will refuse this if the company is registered in a country from the OECD black list. Nevertheless, the MKB is quite loyal to the operations carried out on the account..
Documents required to open an account:
Personal account:
  • passport;
  • trust declaration;
  • power of attorney declaration;
Corporate Account:
  • Charter and memorandum of association of a company certified by a notary;
  • Protocol on the appointment of officers;
  • Certificate of incorporation, certificate of shares and certificate of good condition;
  • Power of attorney;
  • Trust Declaration;
  • Account opening period: 7 days.
Do I need a personal visit to the bank? Yes. After reviewing the MKB package of documents, you must visit Hungary and meet with a bank agent.
BOS bank
Country: Poland
Established: 1991
BOS Bank is a Polish bank. If your company is not older than a year, then account maintenance in the first 18 months will be free. There, you can open an account for offshore companies and any other activities. The bank is loyal to transactions carried out on the account.
Documents required to open an account:
Personal account:
  • passport;
  • polish visa
Corporate Account:
  • extract from the registry translated into Polish and notarized;
  • Account opening period: 14 days.
Do I need a personal visit to the bank? No, the account can be opened remotely.
Bank Zachodni WBK
Country: Poland
Established: 2001
Bank Zachodni WBK is the third largest bank in Poland in terms of assets. The bank is not picky about corporate documents, opens accounts for any kind activities.
Documents required to open an account:
Personal account:
  • passport;
  • polish visa.
Corporate Account:
  • extract from the registry translated into Polish and notarized;
  • account opening period: 14-21 days.
Do I need a personal visit to the bank? Yes. After reviewing the documents by the bank, you need to personally visit the department to verify your identity.
ING Bank Slaski
Country: Poland
Established: 1988
ING is the largest bank in Poland. The bank opens accounts for onshore companies and is loyal to non-resident customers in Poland. You can issue a Visa or MasterCard plastic card.
Documents required to open an account:
Personal account:
  • passport;
  • Polish visa.
Corporate Account:
  • Extract from the registry translated into Polish and notarized;
  • Account opening period: 14 days.
Do I need a personal visit to the bank? No, the account can be opened remotely.
You can learn more about the conditions for opening an account with these banks from Bizonaire specialists. Call us or leave a request on the site chat, and we will contact you ASAP!
https://bizonaire.com/en/blog/article/european-banks-where-can-i-easily-open-a-bank-account---258.html
submitted by Djosd to Bizonaire [link] [comments]

[DIPLOMACY] Mercosur Integration: Adopting the Amazona

Federative Republic of Brazil

Ministry of Foreign Affairs

[Jan/Feb 2023]
Today we approach the full members of Mercosur: Argentina, Bolivia, Uruguay, and Paraguay. Venezuela is still pending re-admission (m: damnit steamed)
In recent years there has been a new drive to integrate our bloc economically. We look to welcome the rest of South America into our ranks eventually and Bolivia is the newest full member we welcomed only last year.
Brazil proposes Mercosur, which already has a common market, adopt a common currency -- the South American Amazona
It's important we lay out the benefits of such a currency rather than it appear as a generic cooperation proposal:
Here's the proposal:
submitted by DabsByMike to worldpowers [link] [comments]

Cases Displaying the Recent Climate of Chinese Economy

This is just a plain list that records the notable cases about China's recent economic woes.
China is rumoured to delay indefinitely its US-China phase one trade deal (fact sheet PDF) implementation that includes the increase of China's purchasing American products & services by at least $200 billion over the next two years, which is almost twice the size of what China purchased before the trade war began.
Okay.
And according to Tianyancha (天眼查), Chinese commercial database that compiles public records; more than 460,000 companies in China closed permanently in Q1 2020, with more than half of them having operated for under three years. [LINK]
Of course, this is mainly caused by the COVID-19 pandemic.
However, what's interesting to me is the following part: "more than half of them having operated for under three years." What happened three years ago?
Once you figure out how big the trade war has played in China's recent economic woes (the article samples listed below may help),
the real question is whose investment or money in China was getting destroyed especially for the last three years.
Other than the article samples listed below, two other data elements that would need to be assessed are: 1) financial loss from the US' blocking Huawei mobile OS & 5G and 2) financial loss from BRI projects.
With CCP, who has been working with Huawei as a team for a long time? [1] [2] [3]
........................................
Tale of How Shanghai clique and Prominent Globalists Got Together.
........................................
Sep 09, 2015 -- Fortune Reports: The real ticking time bomb in China’s economy [LINK]
"[China's] Local governments have borrowed this money with the blessing of China’s central government. In fact, China’s much-lauded $570 billion stimulus package in 2008, which dwarfed the American response to its crisis relative to each country’s respective GDP was funded mostly by local government debt. That program helped power China’s economic growth since 2008, but the dividends are now drying up. As Chinese growth slows, the central government is worried about the local governments’ abilities to finance the debt.
China could continue to kick the can down the road by bailing out its insolvent local governments. But this would run counter to President Xi Jinping’s efforts to curb the power of local officials and shift China’s growth model from investment led to consumption led. Last week, Beijing placed a $16 trillion yuan cap on Chinese government debt, up $600 million yuan from a cap it set last year. And this is after the government has been swapping debt with local governments, buying up real estate-financed local debt in place of government debt officially backed by the Chinese government."
Aug 24, 2016 -- SCMP: Wanted posters for fugitive debtors and runaway bosses symptoms of China’s economic woes [LINK]
"In the first seven months of this year, there were 38 instances of default by 18 bond issuers on the mainland, six of them SOEs. The defaults involved 24.8 billion yuan, more than double the total for the past two years combined. And while only a third of issuers in default this year were SOEs, they accounted for about two-thirds of the amount in default."
Jul 12, 2017 -- The Nikkei Reports: China government auditor flags dodgy books at key state companies [LINK]
"China's National Audit Office) delved into financial statements from 20 of the 101 state enterprises directly controlled by the central government, focusing on filings from the year 2015. The records are notoriously difficult for outsiders to access, as many of the companies are core unlisted units of major state-backed business groups.
Improprieties were unearthed at 18 of the 20, including 200.1 billion yuan ($29.4 billion) in revenue inflation over the last several years and roughly 20.3 billion yuan in improperly booked profit. Culprits included China National Petroleum, one of the country's largest oil producers; China National Chemical, or ChemChina, which recently acquired Switzerland's Syngenta, the world's top maker of agrochemicals; and China Baowu Steel Group."
........................................
2018
........................................
Jul 16: China’s $42-Trillion Debt Bubble Looms Larger than Trade War [LINK]
Oct 10: Financial woes build for HNA Group, forcing sale of subsidiaries and property [LINK]
........................................
2019
........................................
Jan 25: Sinopec Says It Lost $688 Million on ‘Misjudged’ Oil Prices [LINK]
Jun 11: China’s debt disease might wreck its uncrashable housing market [LINK]
Jul 18: More than 50 companies reportedly pull production out of China due to trade war [LINK]
Jul 19: China Minsheng Investment says it cannot repay the principal and interest on US$500 million of bonds as its debt woe deteriorates [LINK]
Sep 06: China Injects $126 Billion Into Its Slowing Economy [LINK]
Oct 06: China's foreign exchange reserves fallen to mere $3.1 trillion USD [LINK]
Nov 06: China Embraces Bankruptcy, U.S.-Style, to Cushion a Slowing Economy [LINK]
Nov 25: China Faces Biggest State Firm Offshore Debt Failure in 20 Years [LINK]
Nov 28: Chinese navy set to build fourth aircraft carrier, but plans for a more advanced ship are put on hold [LINK]
Dec 02: Tech Firm Peking University Founder Welches on USD 284 Million SCP, Has USD 43 Billion Debt [LINK]
Dec 02: Sinopec Group Slims Down Amid Push to Reinvigorate State Firms [LINK]
Dec 13: Fact Sheet: Agreement Between The United States Of America And The People’s Republic Of China Text [PDF LINK]
Dec 19: Money has been leaving China at a record rate. Beijing is battling to stem the tide [LINK]
Money was leaving the country at a record clip earlier this year through unauthorized channels, according to analysts. That's bad news for China, which needs to keep financial reserves high to maintain confidence in its markets.
........................................
2020
........................................
Feb 03: Coronavirus May Delay Hard-Fought U.S. Trade Wins in China [LINK]
Feb 16: China's Evergrande to offer 25% discount for all properties on sale in Feb, March [LINK]
Apr 02: Luckin Coffee stock tanks 80% after discovery that COO fabricated about $310 million in sales [LINK]
Apr 08: Chinese e-learning king TAL Education admits inflated sales [LINK]
Chinese law prohibits Chinese companies from submitting to normal U.S. auditing standards, and four Senators have already introduced a bill requiring them to do so. Should Trump be reelected ... either Beijing will relent on auditing standards or Chinese firms may start to face U.S. delisting threat.
Jul 14: Chinese $2.8bn memory chip project goes bust [LINK]
A Chinese company that launched a $2.8 billion government-backed semiconductor project four years ago is going bankrupt after it failed to attract investors, even as China tries to become self-sufficient in computer chips.
Jul 16: TSMC plans to halt chip supplies to Huawei in 2 months [LINK]
Jul 16: The $52 Trillion Bubble: China Grapples With Epic Property Boom [LINK]
Aug 26: U.S. Penalizes 24 Chinese Companies Over Role in South China Sea [LINK]
Aug 31: China’s Economy Shrinks, Ending a Nearly Half-Century of Growth [LINK]
Sep 09: Hongxin Semiconductor, promised China's first 7 nm chips, has gone bust [LINK]
A government-backed semiconductor manufacturing project based in the central Chinese city of Wuhan has gone belly-up, with key operator HSMC mired in debt. The local government said the project amounts to nearly RMB 128 billion (around $18.7 billion) in investment.
Sep 22: Huawei chairman urges U.S. to reconsider 'attack' on global supply chain [LINK]
Oct 13: EU imposes 48% tariffs on aluminium products from China [LINK]
Oct 18: China's economic growth drops to the lowest level since 1992 [LINK]
Oct 27: China’s Failing Small Banks Are Becoming a Big Problem [LINK]
The reality is that Beijing doesn’t have the wherewithal to guarantee the future of hundreds of smaller, provincial financial institutions that together sit on 73.4 trillion ($11 trillion USD) of yuan of total liabilities.

------------------------
☞ Go Back to the Short Story.
----
submitted by vanillabluesea to conspiracy [link] [comments]

Corretoras Internacionais - qual utilizar?

EDIT FINAL - Boa noite a todos! A minha conta na TD Ameritrade foi aprovada e aberta. O processo foi muito mais rápido do que minhas expectativas.
Solicitei a abertura da conta no dia 07/11/2019, enviei os documentos online através de um e-mail criado em uma plataforma da própria TD (não precisei enviar por FAX, enviei para [[email protected]](mailto:[email protected])):

Enviei os documentos pelo e-mail no dia 11/11/2019 e hoje, 15/11/2019, recebi um e-mail que minha conta havia sido aprovada.
O último passo foi ligar para um número da AT&T que redireciona chamadas para alguns números dos EUA. O número que liguei foi 0800-888-8288 (do celular, para fixo é o 0800-890-0288). Após atenderem, você disca o número que quer ligar - no caso, é o número de atendimento internacional da TD: 800-368-3668.
Após esperar (demorou uns 15 minutos), fui atendido e expliquei que abri a conta e precisava de um PIN para acessar a conta. Esse PIN te enviam pelos Correios, mas eu não quis esperar pois demora vários dias. O atendente me passou o PIN, loguei na conta, troquei a senha e o userid, e após responder algumas informações adicionais, estou acessando a plataforma normalmente.
No futuro, caso seja interesse de alguém, providenciarei um feedback sobre minha opinião sobre a corretora. Até agora, após desanimar um pouco com a aparente burocracia para abrir a conta, estou satisfeito pois deu tudo certo.
---------------------------------------------------------------------
Bom dia, gostaria de uma opinião ou qualquer comentário que possa agregar com essa decisão.

Vou utilizar a Remessa Online para enviar capital. Meu objetivo é, primeiramente, comprar ETFs de metais e algumas opções derivativas, e, daqui alguns meses, algumas REITs e stocks.

Estou em dúvida entre algumas corretoras, vamos lá:

TD Ameritrade - uma das maiores e mais renomadas, zerou os custos de corretagem recentemente. Parece uma boa opção. O problema é a taxação de 30% do dividendos para os Non US Residents.
EDIT: prós - plataforma sensacional ThinkOrSwim.

Interactive Brokers - também é uma das maiores, as taxas parecem justas ($0.005 por cota e $ 0.7 por opção) e boa plataforma para opções... até agora é minha escolha. O problema dela é o custo de $ 10 caso não opere no mês (ou $ 20 se possuir menos de $ 2000 na conta, que será meu caso).
EDIT: prós - suporte bastante rápido; produtos globais e não apenas americanos - operam ETFs do Reino Unido, como por exemplo os da Irlanda que são 'accumulating', ou seja, não passam pelo processo de cobrança de IR e corretagem na hora de reinvestir pois reinvestem por conta própria e nunca distribuem dividendos.

TastyWorks - parece excelente para operar opções, com uma plataforma muito boa. Entretanto, as taxas não são muito agradáveis.

DriveWealth - é renomada mas achei o site confuso, aparentemente a corretora está se voltando para serviços prestados à outras empresas de investimentos (business to business), para abrir uma conta até onde entendi precisa preencher e enviar um formulário de contato, é algo burocrático e parecem estar deixando o varejo de lado.

Avenue Securities - parece uma boa opção para brasileiros, mas é uma corretora recente (tem pouco mais de 2 anos) e está com alguns problemas com a CVM. Também não tem opções derivativas, então acho que não me serve.
EDIT: prós - sessão de documentos para IR e carne leão, tudo formatado, calculado e com dólar certo. O fundador dela é o Roberto Lee, que fundou a Clear e foi diretor da XP, então já tem muita experiência de mercado. Outra coisa ótima dela é poder transferir valores por TED, como se fosse pra qualquer corretora brasileira. Você pode transferir qualquer valor, não tem mínimo, além disso, o exchange funciona dentro da plataforma, você fica com saldo em reais e converte quando quer para dólar.

Utilizei o site Broker Check e a IAPD da SEC para averiguar a situação legal das corretoras.
Qualquer relato de experiência própria ou prós e contras de alguma dessas corretoras será de grande ajuda para a escolha, e conforme os comentários apareçam, vou atualizando o post com esses prós e contras.
Outras opções vindas dos comentários:- TradeRepublic (Alemanha): 1 euro por operação e sem cobranças adicionais.
- Oanda: mais voltada para trading e Forex.
- DeGiro: corretora holandesa, frequentemente recomendada para europeus.
submitted by VicPietro to investimentos [link] [comments]

Some news you may have missed out on part 134.

-Rupee continues to recover, gains Rs4.16 in four months
The Pakistani rupee has maintained a gradual uptrend against the US dollar since the beginning of current fiscal year in July and is anticipated to gain more ground in the remaining eight months amid expectations of increase in foreign currency inflows.
The rupee gradually strengthened Rs4.16 or 2.60% in the past around four months to Rs155.88 to the US dollar in the inter-bank market on Friday, according to the State Bank of Pakistan (SBP). “The rupee may recover to 145 to the greenback by June 30, 2020,” Forex Association of Pakistan (FAP) President Malik Bostan projected while talking to The Express Tribune.
Further: -In a positive development, Pakistani Rupee hits highest level of four months against US dollar
The Pakistani rupee has shown recovery against the US dollar as the US currency reached the lowest level in four months.
-ExxonMobil to help build LNG terminal in Pakistan
After getting a liquefied natural gas (LNG) supply contract from private-sector consumers, US energy giant ExxonMobil is planning to build the third LNG terminal in Karachi as a joint-venture partner.
Some time ago, ExxonMobil, in collaboration with Pakistan’s exploration and production companies, drilled an offshore well to search for hydrocarbon reserves in the Arabian Sea. However, the effort could not prove successful. Now, in a new venture with Energas consortium, the US firm is going to invest in setting up an LNG terminal in Pakistan.
-Pakistan's Hindu community celebrates Diwali today in a renovated temple reopened by the Pakistan government after 72 years
he country’s Hindu community is celebrating the annual religious festival of Diwali. The religious festivities are expected to take place in Shawala Teja Singh Temple, located in Sialkot, after 72 years.
All preparations for the upcoming festival have been completed. The festival of Diwali is being seen as more of a cultural than a religious one as people from other faiths will celebrate alongside members of the Hindu community.
The temple, where the festivities will take place, was closed down in 1947. The Evacuee Trust Property Board (ETPB) and certain members of the Hindu community decided to open the temple a few months ago, after which the renewal and renovation work had begun. Now, for the first time, this temple is going to celebrate a religious ceremony.
-Tax Returns Filed Per Day in 2019 Have Increased by 127 Percent: FBR Chairman
Federal Board of Revenue’s (FBR) Chairman Syed Shabbar Zaidi has announced that on average, tax returns filed per day in 2019 have risen by 127 percent compared to last year. In a Twitter post, Zaidi shared details of the tax returns filed so far. As per the records, the number of tax returns filed in 2019 till October 25 stands at 918,027, as compared to 585,209 tax returns filed in the same period last year.
Zaidi said that as of November, the FBR will impose strict measures against unauthorized interactions and harassement between its staff and the business community. The business community is suggested to report to FBR if any person contacts them through any manner without proper authorization.
-Pakistan, Nepal agree to enhance trade ties
President Dr. Arif Alvi on Saturday held a meeting with the Nepal’s Prime Minister Khadga Prasad Sharma Oli on the sidelines of 18th Non Aligned Movement Summit in Baku, ARY News reported.
According to a statement issued by the ministry, both the leaders affirmed to enhance trade ties between the two countries and expressed their desire to further strengthen the bonds of friendship. Matters of mutual interest, bilateral relations, regional peace, grave human rights violations and humanitarian crisis in occupied Kashmir and other issues were came under discussion in the meeting.
Speaking on the occasion, President Alvi briefed the Nepalese prime minister on Indian illegal actions in occupied Kashmir. He expressed hope that Nepal will play its role as SAARC chair, for strengthening peace and stability in the region.
-CPEC enters into 2nd phase: Poverty, agriculture, B2B initiatives prime focus: Khusro
Federal Minister for Planning, Development & Reform Makhdoom Khusro Bakhtyar Wednesday said the CPEC has now entered into its second phase with focus on poverty alleviation, agriculture and B2B industrial cooperation.
“The Pakistan Tehreek-e-Insaf (PTI) government's economic reform measures will strengthen the country's economy as the investors' confidence is rebounding due to corrective measures," the minister expressed these views while talking to Australian High Commissioner Dr Geoffrey Shaw who called on him on Wednesday. Secretary Planning Zafar Hasan was also present in the meeting.
While discussing bilateral relations and foreign investment in various sectors in Pakistan especially in Gwadar, the minister said that ongoing phase of CPEC will bring about socioeconomic benefits for the welfare of the people. He said that CPEC offers enormous potential to boost national economy and reduce poverty.
-Pakistan's Defence Exports have reached USD 212.6 MILLION IN 2018-2019
According to the Pakistan Ministry of Defence Production’s (MoDP) “First Year Performance Report,” the country had registered $212.6 million US in defence exports from August 2018 to August 2019.
Pakistan Aeronautical Complex (PAC) booked the highest value at $184.38 million US, which was followed by Pakistan Ordnance Factories (POF) at $7.13 million US and Heavy Industries Taxila (HIT) at $1.3 million US. In addition, private sector firms booked $19.36 million US in sales.
No additional breakdowns were provided by the MoDP. It is likely that PAC’s exports were fueled by co-production work for FC-1/JF-17 sales to Myanmar and/or Nigeria. Though an agreement was signed with Turkey for the sale of 52 Super Mushshak basic trainers, it is unclear if PAC has started manufacturing these aircraft.
-DRAP to launch countrywide drive against substandard, spurious medicines
The Drug Regulatory Authority of Pakistan (DRAP) is launching a countrywide campaign against substandard medicines, the PM’s Special Assistant on Health Dr. Zafar Mirza said while addressing the federal and provincial drug inspectors in Islamabad on Thursday.
He said a crackdown is being launched throughout the country to eradicate the menace of unregistered, spurious and sub-standard medicine. In addition to medicine quality, he added, DRAP will also take stern action against violation of fixed prices of medicines.
-Foreign exchange: SBP reserves increase $79m to $7.89b
The foreign exchange reserves held by the central bank increased 1.14% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.
Earlier, the reserves had spiralled downwards, falling below the $7-billion mark, which raised concern over Pakistan’s ability to meet its financing requirements. However, financial assistance from the United Arab Emirates (UAE), Saudi Arabia and other friendly nations helped shore up the foreign exchange reserves.
On October 18, the foreign currency reserves held by the SBP were recorded at $7,892.7 million, up $79 million compared with $7,813.7 million in the previous week. The report cited no reason for the increase in reserves, which stood below the $8-billion mark.
-Ease of business: Pakistan up 28 places on World Bank index
Pakistan has jumped up 28 places on the World Bank’s (WB) Ease of Doing Business Index and secured a place among the top 10 countries with the most improved business climate – a development that will greatly improve Islamabad’s image abroad,
Pakistan carried out six reforms that helped improving its ranking from 136 to 108, according to the WB’s annual flagship report, ‘Ease of Doing Business 2020’, released on Thursday. It turned out to be the sixth global reformer and first in South Asia that brought ease in doing business in the last one year.
The fewer are the regulations the better is the ranking on the index. The key to attain perfection is to cut the bureaucracy hindering business activities in the name of various regulations and procedures.
-CM approves Rs 500m for Punjab Housing & Town Planning Agency
Punjab Chief Minister Sardar Usman Buzdar has given approval of Rs 500 million for Punjab Housing & Town Planning Agency. He gave approval while presiding over a high-level meeting at CM Office here on Monday. During the meeting progress on Naya Pakistan Housing Project for low-income persons was reviewed and detailed briefing was also given to the participants on Naya Pakistan Housing strategy.
While addressing the meeting, Usman Buzdar said that obstacles should be removed in order to ensure completion of Naya Pakistan Housing Scheme and financial conditions of common man should be kept in mind while chalking out housing policy of the project. All out attention should be paid while constructing small houses in the province, he added. It has also been decided during the meeting to launch rural housing project in 17 model villages.
-KSE 100 gains 204 points amid improved sentiments
The benchmark KSE 100 Index depicted remarkable progress as it gained around 204 points and concluded at 33,861-level.It was a busy start to the week at the Pakistan Stock Exchange (PSX) with earnings season hitting its peak, while volumes remained at par with previous weeks’ average.
Biggest single day investment in treasury bills in the previous week of estimated US $87.5 million, increasing total investment to US$440 million since July 2019 was the major rally point in the market sentiments.
The bourse recorded an intraday low of 33,572.36 soon after the commencement of the session. However, after regaining the momentum, the index marked its day’s high at 34,008.35 adding 350.89 points. It settled higher by 204.13 points at 33,861.59. The KMI 30 Index accumulated 386.53 points to settle at 55,155.92, while the KSE All Share Index managed to gain 86.13 points, ending at 24,543.78.
-Sindh to reserve 0.5% job quota for transgender persons
The Sindh Cabinet on Wednesday agreed to reserve 0.5 per cent quota in government jobs for transgender persons. “I want to bring transgender people into the mainstream,” said Sindh Chief Minister Syed Murad Ali Shah during the cabinet meeting. “We want to make them an asset for our society.”
CM Murad congratulated the transgender community on behalf of the cabinet and advised them to improve their education. Around 41,000 positions are vacant in different government departments across Sindh out of which 206 will be given to transgender people.
A spokesperson from the chief minister’s house stated that out of the 41,000 available jobs 16,000 positions will be filled this fiscal year. Rest of the positions will be filled in the period of next three years.
-Malaysia's Mahathir stands by Kashmir comments despite India palm oil boycott
Malaysian Prime Minister Mahathir Mohamad said on Tuesday he would not retract his criticism of New Delhi’s actions in occupied Kashmir despite Indian traders calling for an unprecedented boycott of Malaysian palm oil.
The impasse could exacerbate what Mahathir described as a trade war between the world’s second biggest producer and exporter of the commodity and its biggest buyer so far this year.
India’s top vegetable oil trade body on Monday asked its members to stop buying Malaysian palm oil after Mahathir said at the United Nations General Assembly last month that India had “invaded and occupied” Kashmir.
-“World’s two major companies setting up solar panel plants in Pakistan”
Federal Minister for Science and Technology Fawad Chaudhry announced on Monday that the world’s two major solar panel firms will establish their plants in Pakistan. The minister tweeted saying “good news gets lost in political plays, yet I am very happy that the world’s two major companies are setting up solar panel’s plants in Pakistan.”
Chaudhry added that China’s second-largest Lithium battery producer will also set up its workshop in Pakistan. The Lithium battery-powered buses will also be manufactured in Pakistan, the tweet further said. The Minister for Science and Technology was recently on a visit to Beijing where he met various Chinese officials and the country’s business leaders.
-Pakistan Navy organizes free medical camp in Balochistan
Navy organized a free medical camp in the village Dam of Balochistan in collaboration with Sahil and Ulfat welfare foundations. According to the spokesperson of Pakistan Navy, specialist doctors of surgical, medical, skin, gynecology, child and general medically inspected patients at the camp. Over 700 patients were provided with free medical treatment, medicines and ordinary surgical facilities.
-Lahore to get Tram service soon
Citizens of Lahore are getting a modern-day tram service soon, based on the famous British-era tram service. In this regard, the Punjab Transport Department has inked an agreement with CRSC International, a Chinese company specializing in rail transportation control systems, and Inkon Group of the Czech Republic.
The development of the project is divided into several phases. In the first phase, a 35 km track will be constructed on Canal Road, Lahore. Up to 50 trams will run on this track. Once operational, the trams will be able to carry 35,000 passengers in 1 hour. The trams will be powered through electricity and batteries. A single tram will have a service life of around 40 years. 2 tram depots will be constructed at different locations as well.
-10 Pakistani Universities Ranked Among the World’s Best in ‘University Impact Rankings 2019’
Ten Pakistani universities have been ranked among the top universities in the world in the Times Higher Education (THE)’s list. THE is a weekly UK-based magazine that issues its annual list of world’s most influential universities.
The list called ‘University Impact Rankings 2019’ has included 10 Pakistani varsities in different categories, including Gender Equality, Good Health and Well-being, Quality Education, Decent Work, Economic Growth, and others. According to the magazine, the rankings assess universities against the United Nations’ Sustainable Development Goals.
-PM Imran Khan inaugurates China-Hub Power Generation Plant in Balochistan
Prime Minister (PM) Imran Khan has said that Pakistan is moving forward through China-Pakistan Economic Corridor (CPEC) projects. Addressing inaugural ceremony of China Hub Power Generation Plant in Balochistan, he said this is the first joint project under the CPEC umbrella and he is very happy after inaugurating it.
“The government will facilitate joint collaboration between Pakistani and Chinese businesses in various sectors.”, he said. PM Imran Khan said with the help of coal reserves in Thar, Pakistan can generate huge amount of electricity, which can be enough for at least 100 years.
-Punjab Forest Department develops ‘record keeping’ mechanism
Department of Forest Punjab is managing 1.6 million acres of forest land area – 67 per cent of the entire forest land area in Punjab – under the Geographic Information System (GIS), Pakistan Today learnt reliably on Friday. The program enabled the forests department to ensure sound management and introduce state of the art record-keeping and mapping methods.
‘Development of GIS-Based Forest Management Information System in Punjab’ was approved at PC-1 with a cost of Rs75 million and a gestation period of 36 months (2016-2019) has allowed for transfer of all forest resources and inventories into IT-based inventory systems and achieved extensive field surveys, rapid data collection and its processing for development of the forestry sector on efficient lines.
-Hutchison Port Holdings announces $240m investment in Pakistan
Prime Minister Imran Khan has welcomed $240 million foreign investment from Hutchison Port Holdings, a Hong Kong-based port operator. A delegation of Hutchison Port Holdings, led by its Group Managing Director Eric Ip, called on Prime Minister Imran Khan on Tuesday. Other delegation members included HPH Middle East & Africa Managing Director Andy Tsoi and Middle East & Africa Business Director Eric Ng.
Maritime Affairs Minister Syed Ali Haider Zaidi, Adviser to PM on Commerce Abdul Razzaq Dawood, Special Assistant to PM on Overseas Pakistanis Syed Zulfiqar Abbas Bukhari, Ambassador-at-Large for Foreign Investment Ali Jehangir Siddiqui and Board of Investment Chairman Zubair Haider Gilani were also present on the occasion. Group Managing Director Eric Ip apprised the prime minister of Hutchison’s fresh investment into Pakistan approximating $240 million which will enhance the new container terminal capacity at the Karachi Port, and increase Hutchison Ports’ total investment in Pakistan to $1 billion.
-Punjab's tax collection jumps 44%
Punjab’s tax collection registered a 44% growth to Rs77 billion in first quarter of the ongoing fiscal year compared to the corresponding period of previous year, despite tough conditions of the federal government for the provinces to get a share in the federal divisible pool of resources. Punjab Finance Minister Makhdoom Hashim Jawan Bakht disclosed this at a review meeting of the Finance Department on Monday.
The meeting was briefed that despite the financial backlog left by the previous government, the current government gave a surplus budget of Rs233 billion in order to meet financial requirements of the federal government to comply with conditions of the International Monetary Fund (IMF) loan programme.
-‘SECP recognised as 7th most effective regulator in world’
The Securities and Exchange Commission of Pakistan (SECP) has been recognised as the “7th most effective regulator” by the World Economic Forum in its ‘Global Competitiveness Report-2019’.
“Pakistan was ranked as the 52nd most dynamic economy in the world. The country secured this by improving 15 points from last year, as it stood at 67th in 2018,” said a statement issued by Mishal Pakistan, Country Partner at WEF’s Institute of the Future of Economic Progress System Initiative, on Wednesday. “The progress of Pakistan’s competitiveness was due to the achievements made during the last 12 months.”
The most effective improvements were made due to the initiative and strategies adopted by the apex regulator for the corporate sector and the capital markets; supervision and regulation of insurance, non-banking financial companies and private pension schemes. The SECP improved Pakistan’s competitiveness rankings by improving the “number of days to start a business”, where Pakistan was ranked at the 90th position compared with 96th in 2018.
-Pakistan China bilateral trade crosses $19 billion, highest ever in history
Pakistan Ambassador to China , Naghmana Hashmi has said the bilateral trade volume between Pakistan and China has now touched US $ 19.08 billion and both countries aimed to raise it further.
“The bilateral trade volume between Pakistan and China has now touched US$ 19.08. We aim to raise it further,” Ambassador Hashmi said joint ventures in defence production have led to the manufacture of the MBT 2000 Al-Khalid Tank and JF-17 Thunder, a fighter aircraft. “On the diplomatic front, the two countries are committed to protecting and promoting multilateralism and upholding the United Nations (UN)Charter, while our cooperation has extended to science and technology, socioeconomic sectors and nuclear cooperation for peaceful purposes,” she added.
-Foreign Company Agrees to Drop $6 Billion Penalty, Re-Invest in Reko Diq: Reports
The International Center of Settlement of Investment Disputes (ICSID) had slapped the country with a $6 billion penalty for revoking the contract without prior knowledge back in 2009. Soon after the development, the Prime Minister had empowered his financial team to contact the executives of the Tethyan Copper Company (TCC) to reach an out-of-court settlement and avoid the penalty.
Reportedly, after the Pakistan authority’s approach, the company has not only agreed to take back the penalty but has also agreed to invest in the project again. As per media reports, PM Imran Khan contacted the TCC management and discussed the prospects of the matter. He assured the company his full support if they wanted to revise the investment plan for the project. The company will reportedly withdraw its appeal from the ICSID, while Pakistan will compensate for their damages due to the cancelation of the contract.
-Current account deficit shrinks massive 64pc
The country’s current account deficit (cad) in the first quarter of current fiscal year declined by a huge 64 per cent mainly on the back of a 21pc reduction in the imports bill.
The State Bank’s latest data issued on Friday showed the current account deficit for July-September FY20 clocked in at $1.548 billion compared to $4.287bn in the same period last fiscal year; a decline of $2.739bn.
The reduced current account deficit is a positive omen for the government, which is struggling with slow economic growth and high inflation. However, despite massive decline in rupee’s value, the country’s exports have failed to register any noticeable increase during the period.
-Food imports down 24pc, exports up 14pc in Q1 FY20
Food group imports into the country during the first quarter of the current financial year (July-Sept 2019-20) decreased considerably by 24.7pc, whereas exports increased by 13.98pc compared with the corresponding period of last year.
The import of food commodities into the country during the period under review came down from $1.45 billion to $1 billion, whereas the exports increased from $864 million to $984.7 million, according to latest data released by the Pakistan Bureau of Statistics (PBS).
-Chinese Smartphone Company Realme to build mobile phone manufacturing factory in Pakistan
Chinese company Realme's Director of Marketing in Pakistan Mr He Shunzi in an interview disclosed that Realme is planning to set up the mobile phone manufacturing factory in Pakistan. He told that company is inspecting locations in Islamabad, Peshawar, and Faisalabad Industrial Estate for suitable land. Pakistani mobile market offers guaranteed capital as Realme ranked top five android brands in Pakistan in less than nine months, capturing 8% of total market share, he added.
-Chinese Coal Giant Wants to Convert Thar’s Coal to Diesel
China’s Shenhua Ningxia Coal Industry Group will help convert Thar’s coal into oil and the talks between the two parties are underway. The Shenhua Ningxia Coal Industry Group is a subsidiary of China’s biggest coal producer, the Shenhua Group and the company already has the world’s largest plant for converting coal into diesel, with an annual production capacity of 4 million tons in Ningxia in its portfolio.
The agreement, if signed, will be a ‘game-changer’ for Pakistan, believes Adviser to Prime Minister on Petroleum Nadeem Babar, who accompanied Imran Khan on his recent visit to China. The Pakistani delegation held talks with the Shenhua Group during the trip:
-In a positive development, Pakistan projected among top 20 rising economic growth engines of the World
Pakistan projected among 20 top rising economic growth engines of the World that would dominate the global growth in next 5 years. Pakistan has been projected as one of 20 countries that will dominate global growth in five years time in 2024, an assessment made by Bloomberg using data from the International Monetary Fund (IMF).
-In a positive development, Pakistan textile exports register increase
Textile exports from the country increased by 2.95pc during the first quarter of the current fiscal year (July-Sept FY20) compared with the corresponding period of the last fiscal year. The textile exports during the period under review were recorded at $3,371.974 million as against the exports of $3,275.303 million during July-September 2018-19, according to latest data by the Pakistan Bureau of Statistics (PBS).
The textile commodities that contributed to the positive growth included raw cotton, exports of which grew by 53.65pc, from $7.047 million to $10.828 million. Similarly, the exports of yarn (other than cotton yarn) increased by 21.95pc, from $7.759 million last year to $9.462 million, while that of knitwear surged by 11.14pc, from $701.393 million to $779.548 million.
-Kartarpur Corridor will open to public on November 9: PM Imran
Prime Minister Imran Khan on Sunday announced that Pakistan will inaugurate the Kartarpur Corridor on November 9. The premier’s announcement came via a Facebook post in which he said that construction work on the Pakistani side had entered the final stage. “Pakistan is all set to open its doors for Sikhs from all across the globe,” he wrote. “World’s largest Gurdwara will be visited by Sikhs from across India and other parts of the world,” he said.
-'$1.2b penalty in Karkey case likely to be waived'
Pakistan Tehreek-e-Insaf (PTI) leader and senior lawyer Babar Awan has said that the $1.2 billion penalty that Pakistan has to pay to Turkey’s Karkey rental power plant is likely to be waived.
“International institutions, through high-level backdoor contacts, have agreed to waive off the penalty. This is very good news for Pakistan,” said Awan while addressing the media on Friday. “International institutions have shown their trust in Prime Minister Imran Khan,” he added.
-Punjab Govt to Introduce a Unified Tax Collection System
Punjab government is contemplating the introduction of a unified tax collection system in the province. The unified system will streamline the tax collection process and facilitate the taxpayers. At the moment, Punjab Revenue Department, Excise and Taxation Department, and local administrations collect taxes in Punjab. On Sunday, Finance Minister of Punjab, Makhdoom Hashim Jawan Bakht, headed a meeting of Punjab Revenue Authority (PRA). Bakht said that a special tax management unit will be set up at the Punjab finance department that will unify tax collection all across the country.
-PM To Launch Clean Green Pakistan Index for Multiple Cities
Prime Minister’s Adviser on Climate Change, Malik Amin Aslam, said that Imran Khan will launch the Clean Green Pakistan Index (CGPI) at a grand launching ceremony on October 30. The initiative is aimed at introducing competition among cities on various indicators, including public access to clean drinking water, safe sanitation, effective solid waste management, and tree plantation.
The prime minister will announce a six-month competition among 19 cities of Punjab and Khyber-Pakhtunkhwa provinces, he added. The adviser said that after six months, these cities will be ranked again and those with prominent progress will be rewarded with special federal and provincial government funds and more cities will be joining the competition.
-PM Khan Will Lay The Foundation of Baba Guru Nanak University on Oct. 28
Prime Minister Imran Khan is going to lay the foundation stone of Baba Guru Nanak University on October 28. The establishment of this university in Nankana Sahib was announced earlier this year when PM Khan was in the town for a Spring Tree Plantation Campaign.
-Sindh govt invites bids for Dhabeji SEZ
The Sindh government has launched the well-connected Dhabeji Special Economic Zone in district Thatta near Port Qasim, according to a statement issued on Monday. In this connection, the Sindh Economic Zones Management Company (SEZMC), being the provincial SEZ custodian, has invited proposals for the development and operation of Dhabeji project through an advertisement published in leading national and international newspapers.
Dhabeji SEZ was highlighted in the recent meeting of the China-Pakistan Economic Corridor (CPEC) Joint Working Group on Industrial Cooperation. The senior officials of China’s National Development Reforms Commission (NDRC) appreciated the Sindh government on the progress made so far. The Sindh government launched the project through an international competitive bidding process as a build-up to the upcoming 10th Joint Coordination Committee (JCC) meeting between China and Pakistan, which would be held next month.
-Rice exports surge 51pc in first quarter FY20
Rice exports from the country during the first quarter of the financial year 2019-20 grew by 50.76pc as compared to the corresponding period last year. During the July-September period, about 839,356 metric tonnes of rice, worth $470.584 million, were exported as compared the exports of 551.5,86 metric tonnes, valuing $312.147 million, during the same period of FY19.
According to data released by the Pakistan Bureau of Statistics, the exports of basmati rice increased by 47.29pc, as 212,873 metric tonnes of basmati rice ($194.669 million) were exported during the first quarter of FY20, as compared the 127,669 metric tonnes ($132.166 million) in the same period of last year. Meanwhile, 34,090 metric tonnes of fish and fish preparations worth $79.549 million were also exported in the period under review as compared to the exports of 25,859 metric tonnes valuing $67.294 million during the same period of last year.
submitted by FashBasher1 to pakistan [link] [comments]

[EVENT] Programa de Ajuste de Precios Agrícolas

The Cuban Government has announced that it plans to begin implementation of a policy designed to deal with the issue of an over large agricultural surplus. Cuba is currently one of the world's most productive nations in terms of food, with the country having good farmland and excellent fisheries. However, though trade in foodstuffs was booming up until three years ago, since then the international demand for food has greatly reduced, and the value of bulk foodstuffs, mainly fish, cassava and tropical fruits, has dwindled. At best prices are now 2/3rds of their value three years ago, even as little as one half. The effects of this have been devastating.

Three harvests in a row, as much as one half of the Cuban agricultural output has gone to waste. The supply of forex into the country has dried up, and the domestic market has been flooded with cheap foodstuffs, decimating the agricultural sector, which is the lifeblood of the Cuban economy.

In just three years many thousands of small and tenant farmers have lost their land, either forced to mortgage to the point of repossession, unable to make their rent, or just plainly unable to cover the costs of their farms running. Many have been forced to sell their land to large land owners and either migrate to the cities, where at least there is a growing industrial economy to seek employment in, or to continue on land they once owned as tenant farmers.

It is to counter this crisis that the Cuban Government has enacted the 'Programa de Ajuste de Precios Agrícolas' (PAPA). PAPA will involve the purchase by the government of large amounts of Cuba's surplus production, which will then be destroyed. Foodstuffs will be dumped into the sea or burned, fish will be tipped off the end of the piers, farmers will be paid not to plant crops and fishermen to keep their boats in harbour. This policy, largely paid for by a bailout loan from Our Treasured Republic, will hopefully have the intention of boosting the price of foodstuffs in the Cuban market, and stabilising the income of Cuba's farmers.

Critics of the program (few and far between are those who will raise their voices in dissent, but a growing number among the growing urban working class) point out that this has a multiple of problems:
submitted by MrManAlba to PostWorldPowers [link] [comments]

The Republic Trooper and Sith Warrior make great foil.

EDIT: Charles Boyd just commented. This is the happiest day of my life.
Definition of foil. Warning: TvTropes is well known for killing time as fast as Vitiate kills people on Ziost.
I've noticed throughout the game that the Republic Trooper and the Sith Warrior have plenty of opportunities for comparison. As such, I have compiled a list of as many similarities and differences between each class as possible. Feel free to suggest more.

STORY-WISE

COMPANIONS

MECHANICALLY

MISCELLANEOUS

submitted by BluecopetitaTL to swtor [link] [comments]

E-F 1k-5k

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evergreen Everipedia everitoken EverOasis EverspaceGame every15min every_one_is_mod EverybodysGolf everydaybark everydaycarry everydayphilosophy EveryGeekShouldKnow EverymanHYBRID EveryoneIsAMod EverySignHasAStory everyteenshouldknow EverythingSucks everytimeidie Everywoman evetech evetrading EVGA EvilBrainstorming evilchairs EvilDead EvilIdeas evolutionary EvolveSustain EwanMcGregor ewanmemes Ewwducational exactlyhowdrugswork exAdventist exalted ExamineDeath Exanima exapunks exasperations Excelsior ExcelTips excgaration ExchangingLanguages ExChristianWomen Excision excusemewhatthefuck exeter exfor ExgirlfriendphotosSFW exid exIglesiaNiCristo exiledprequelmemers ExileMod Existential_crisis ExistentialChristian existentialcomics ExistentialSupport Exittors exjew ExmormonU exmotrees exocomics ExodusWallet ExoLife ExoMars Exonumia exoplanets Exotica ExpandDIO ExpanseOfficial ExpatFinance expectationsvsreality expectedcommunism expectedfactorial expectedhamilton expectedjojo ExpectedMessi 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Forex Trading & Networking Series: Prague, Czech Republic ...

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