WASHINGTON: ‘ OBAMA’S FELLOW DEMOCRAT’S OPPOSE WEISS IN TOP FINANCE JOB ‘

#AceWorldNews – WASHINGTON – Dec.01 – President Obama’s nomination of Antonio Weiss to serve as the Treasury Department’s top domestic finance official is drawing fire from an unusual sector: his fellow Democrats The Hill reported. 

Liberal lawmakers like Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) have been quick to oppose Weiss, a major investment banker with Lazard.

#ANS2014 

#finance, #oppose

BRUSSELS: ‘ GERMANY & HOLLAND PREPARING EMERGENCY PLANS TO RETURN TO NATIONAL CURRENCY ‘

#AceNewsServices – BRUSSELS – Nov.22 – I reported on this a while ago about the German’s stockpiling gold for the return to funding the Deutschmark. 

Now details have emerged indicating that both the Dutch and German governments were preparing emergency plans for a return to their national currencies at the height of the euro crisis according to a report on the EUobserver. 

In early 2012, a few months after the then Greek prime minister Georgios Papandreou and his Italian counterpart Silvio Berlusconi had resigned, the Dutch finance ministry prepared for a scenario in which the Netherlands could return to its former currency.

Dutch TV documentary programme Argos Medialogica reported on Tuesday (18 November), based on anonymous sources, that the ministry had an emergency plan called Florijn, a reference the original name of the guilder, the Netherlands’ pre-euro coin.

Current finance minister Jeroen Dijsselbloem also confirmed the existence of the plan on Tuesday in his weekly interview with RTLZ.

“It is true that [the ministry of] finance and the then government had also prepared themselves for the worst scenario”, said Dijsselbloem.

“Government leaders, including the Dutch government, have always said: we want to keep that eurozone together. But [the Dutch government] also looked at: what if that fails.

And it prepared for that.”

That preparation included “practical aspects”, but the government did not print new national currency banknotes.

The plans occurred around the time when politicians openly referred to the possibility of a Greek exit from the euro.

#ANS2014 

#currency, #euro, #finance

BRITAIN: ‘ FCA REGULATOR IMPOSES PRICE CAP ON PAY-DAY LOANS ‘

#AceFinanceNews – Nov.12 – BRITAIN: ‘ FCA REGULATOR IMPOSES PRICE CAP ON PAY-DAY LOANS ‘.

#borrowing, #debt, #finance, #loans, #money

BRUSSELS: ‘ EU Publishes New Sanctions on Russia in Bloc’s Official Journal ‘

#AceNewsServices – BRUSSELS – September 12 – EU countries have added Russia’s top oil firms, an oligarch, and a leading nationalist MP to their blacklist.

The names were published in the bloc’s Official Journal on Friday (12 September) in reaction to Russia’s invasion of east Ukraine last week.

The new regulation forbids EU entities from buying debt with a 30 or more day maturity, issuing loans, or selling financial services to five banks, three oil firms, and three defence companies.

The banks, already named in an earlier ban on 90-day bonds, are: Gazprombank; Rosselkhozbank; Sberbank; VEB; and VTB.

The newly named oil firms are: Rosneft; Transneft; and Gazprom Neft. The newly sanctioned defence companies are: Oboronprom; United Aircraft Corporation; and Uralvagonzavod.

The regulation blocks the sale of “dual-use” items to eight more newly named defence and technology firms: Almaz Antey; Bazalt; Chemcomposite; Kalashnikov; Sirius; Stankoinstrument; Technologii Maschinostrojenija; Wysokototschnye Kompleksi.

It forbids EU entities from supplying services for Russian deep water, Arctic, or shale oil exploration, including: drilling; well testing; logging and completion services; and supply of specialised floating vessels.

It also imposes an asset freeze and visa ban on 24 people, bringing the total since the Ukraine conflict erupted in March to 119.

Ten of the people are pro-Russia rebel chiefs in east and south Ukraine and in Crimea, including Donetsk region “prime minister” Aleksandr Zakharchenko, who recently co-signed a peace deal with Ukraine and Russia.

Twelve more are Russian MPs who supported the war on Ukraine, including firebrand nationalist Vladimir Zhirinovsky.

The new blacklist also names Russian oligarch Sergey Chemezov and major-general Aleksey Naumets.

It says that Chemezov, who chairs the Rostec arms conglomerate, is a “close associate” of Russian leader Vladimir Putin, and that one of his firms is now building an energy plant in Crimea, which Russia annexed in March.

It says Naumets “is the commander of the 76th airborne division, which has been involved in the Russian military presence on the territory of Ukraine”.

EU Council head Herman Van Rompuy noted in a statement on Thursday the EU will assess “before the end of the month” whether Russia’s recent peace deal with Ukraine is being implemented.

He added that “in the light of the review and if the situation on the ground so warrants” the EU will “amend, suspend or repeal the set of sanctions in force, in all or in part”.

The White House on Thursday said it will also publish details of new measures on Friday.

Courtesy of EUobserver 12/04/2014 Publication Download Link  
#ANS2014


#russia, #banking, #blacklist, #brussels, #crimea, #defence, #eu, #european-union, #finance, #oil, #ukraine, #white-house

SOUTH CAROLINA: ‘ Speaker Bobby Harrell Indicted by Grand Jury on Nine Charges ‘

#AceWorldNews – UNITED STATES (Columbia S.C) – September 11 – South Carolina House Speaker Bobby Harrell has been indicted by a grand jury on charges related to misuse of his office and campaign finance violations.

bobby-harrell

The indictments by the Richland County grand jury were announced Wednesday by First Circuit Solicitor David Pascoe.

The nine charges against the Charleston Republican are two counts of misconduct in office, six counts of using campaign funds for personal use, and one count of false reporting candidate campaign disclosures.

South Carolina Gov. Nikki Haley said Harrell should resign.

The indictments are the latest development in a bitter political dispute over how to handle this case that has lasted more than 18 months.

In February 2013, Ashley Landress of the South Carolina Police Council, a political group that advocates for smaller government, filed a complaint against Harrell with the State Ethics Commission. In it, she claimed the speaker used his office for personal gain for both himself and his family.

South Carolina Attorney General Alan Wilson asked the State Law Enforcement Division to look into the matter, and referred it to the state grand jury in January.

#ANS2014

#campaign, #charleston, #columbia, #finance, #grand-jury, #south-carolina, #speaker, #united-states

BRUSSELS: ‘ Juncker Moves Top People into Place by Putting Mogherini’s HQ in Berlaymont ‘

#AceWorldNews – BRUSSELS – September 11 – The EU foreign relations chief is to move her office back to the European Commission to steer a cell of top officials on external policy.

The new commission president, Jean-Claude Juncker, set out the plan in a “mission letter” to the foreign relations head, Federica Mogherini, published on Wednesday (10 September).

He said: “To liaise more effectively with the other members of the college, following your suggestion, you will have your headquarters in the Berlaymont, and the commission will put a cabinet of an appropriate size at your disposal, about half of which will be commission officials”.

English: Insignia of the European External Act...

English: Insignia of the European External Action Service (EAS) ‪Norsk (bokmål)‬: Emblemet tilhørende Den europeiske avdeling for agering utad (Photo credit: Wikipedia)

He added that Mogherini will chair a new “Commissioners’ Group on External Action” that will meet “at least once a month”.

He listed seven portfolios that “have a strong external dimension”.

The list includes: neighbourhood and enlargement negotiations; trade; development; humanitarian aid; climate action and energy; transport; and migration.

He also said the commission will continue to run Mogherini’s human resources and will retain control over the vast majority of EU external budgets.

Mogherini’s predecessor, Catherine Ashton, moved her cabinet out of the Berlaymont, the commission HQ, across the road to the EU foreign service’s €12-million-a-year “Axa” building in 2012.

Her spokesman said at the time “it will facilitate contacts between the staff members … reinforce the team spirit and the corporate identity of the EEAS [the European External Action Service]”.

She was also meant to chair a group of commissioners with external-type dossiers. But it met just five times in five years and she did not go to any of the meetings.

EUobserver Reported: 

#ANS2014

#berlaymont, #commission-officials, #eu, #european-commission, #european-external-action-service, #federica-mogherini, #finance, #foreign-relations, #jean-claude-juncker

` First there was a `New Currency ‘ called `Bitcoin’ then came `Greed ‘ now comes Taxation ‘ allowing `Greed ‘ to have its own Reward’s

#AceFinanceNews says according to latest news Japan is looking at ways to tax Bitcoin transactions, a report said Tuesday, in the wake of the spectacular failure of the Tokyo-based MtGox exchange after a half-billion-dollar theft.

The finance ministry and the national tax agency are studying possible rules that could govern transactions using the digital currency, the Yomiuri Shimbun newspaper said.

Authorities believe purchases made with Bitcoin can be subject to consumption and corporate taxes, even though the unit is not a legal currency, the Yomiuri said without citing sources.

This latest case of irregularities that has lead to an the recent investigation as cites by Reuters in saying Mt Gox, once the world’s largest bitcoin exchange, filed for bankruptcy in a Tokyo district court on Friday, the company’s lawyer citing ‘outstanding debts of $63.2 million, after mysteriously going offline on Monday.
Investors may have lost all of their virtual coins, as the exchange’s computer system was exposed to fraudulent transactions and technical failures. More on this story at http://wp.me/pzTwj-2tk

Has allowed a way for countries to tax Bitcoin transactions and bring them in line with many other the Monetary Systems controls, as was always wanted by the a number of countries.

This latest round of investigations, has only added fuel to the fire.

#AFN2014

#afp, #bitcoin, #finance, #japan, #mt-gox, #reuters, #taxation

#Ukraine’s : `Finance Minister `Aleksandr Shlapak’ hopes for talks with `Russia’ over Finance and Gas’

#AceWorldNews says that Ukraine’s new finance minister, Aleksandr Shlapak, said Thursday that Kiev hopes for talks with Russia on continuing cooperation in finance and gas.

Ukraine could initiate such talks as early as next week, Interfax quoted him as saying.

The new government in Kiev is ready to hear “some claims or requirements” from Russia about continued cooperation, he said.

Ukraine’s parliament approved the appointment of a new government Thursday.

#ANS2014

#aleksandr-shlapek, #ap, #finance, #interfax, #kiev, #ukraines

“God Provides the Answer and We Listen to Ourselves”

#AceNewsServices says l have just heard on the local news about how the UK economy has improved and is growing faster than any other country. Well we should all be so grateful and be patting this government on the back for a good job, of course let us look deeper and we see that this transparency, is a dark glass hiding the real truth.

The reason is, oh yes we have growth of 0.8% and a rise in-house prices of 24% in certain areas of the country, mainly in the South of England of course. So far so good …………………………………………….

So why am l such an pessimist? Well everything that has been achieved in this country for the last 30 years, has had a price and the price in this case is borrowing, lending and debt.

GovUk Borrowing £2 Billion Per WeekGeorge Osborne says we need austerity, and cuts of £25 billion are required, but the real cost is the#UK Debt stands as at today’s date, at over £900 billion and counting. According to “UK National Debt’s” latest figures and as l write, this is  £1.254.936.279 and some change. Check it out yourself when you read this post, and see how much it has grown, just click #UKDebt     

  • So how is this government funding our lifestyles as citizens? Well according to the ONS ………………..

UK Borrowing in UK in December 2013The UK national debt is the total amount of money the British government owes to the private sector and other purchasers of UK gilts.

  • Public sector net debt was £1,211.8 billion at the end of September 2013, equivalent to 75.9% of GDP
  • Source: ONS [1. ONS public sector finances ] [This figure excludes temporary effects of financial interventions (PSND ex) (page updated October 23rd 2013)

UK national debt

So as you can see the rise is dramatic in 2012-13 to say the least, but in 2008-2009 it was nearly half. Now you would think people would have learned that aFinancial Crisisin 2008, and how much everyone lost. This should teach us that borrowing too much does not work, but we are so easily tempted into buying what the devil wants, not what we need. 

Car Purchase 2008 - Debt 2009Now the BBC reports today that  figure from the SMMT that New Car Sales were up in 2013 in the UK car sales in 2013 recorded their best year since 2007, industry figures have shown, helped by cheap credit deals and stronger consumer confidence.

The Society of Motor Manufacturers and Traders (SMMT) said that 2.26 million vehicles were registered in 2013.

That was a 10.8% rise on 2012, although the figure is 6% lower than 2007’s 2.4 million figure.

The 2013 total was boosted by a 23.76% rise in sales in December, marking the 22nd successive month of increases.

Industry analysts say that attractive financing deals have tempted buyers, with three-quarters of sales to private buyers now involving a financing package.

So once again we are back into that borrowing circle, as this government literally con’s us into believing what they tells us, and  just like sheep, we follow them into the darkness to be shorn.

Finally as l said earlier and it may stagger some, due to the staggering amount ofPayment Protection Insurance and the Compensation” people are using their money as either deposits or part-payments to purchase new cars. Thus putting the monies stolen from them, back into the same pockets {or similar} that has just paid out the compensation!

Does this not sound ludicrous, to anyone or is it just me? 

I rest my case but mark my words, mark them well 2008 crisis was a walk in the park compared to what will happen in the future, no government, country or nation can borrow money on debts, and then charge interest just to keep “British Banks” in business.

You have been warned – more updates soon ……………………………………………………………………………………………….

 

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#acenewsservices, #mypersonalbelief, #britain, #december, #finance, #gdp, #george-osborne, #government, #government-debt, #payment-protection-insurance, #smmt, #society-of-motor-manufacturers-and-traders, #society-of-motor-manufacturers-and-traders-smmt, #uk, #uk-national-debt, #united-kingdom-national-debt

UK: Hosting the 115 Countries World Islamic Economic Forum Delegations

WIEFToday, the UK will host the World Islamic Economic Forum. Delegations from more than 115 countries, including Oman will attend the 9th World Islamic Economic Forum – the first time it has been held outside the Muslim world.

Oman now has two Islamic banks and plans have been announced by three companies to launch takaful products. The Central Bank moved with impressive speed to establish the regulatory framework to enable the Islamic financial industry to take off in the Sultanate. It was a great privilege that the Lord Mayor of the City of London was the first senior visitor to Bank Nizwa after it opened for business in January and symbolic of the ties that have already been established between the Islamic finance industries of the Sultanate and the UK.

For me, WIEF London encapsulates the emergence of new economic ties between nations, religions and cultures . Some want investments that are managed in accordance with their faith. Others are, in the wake of the financial crisis, drawn by principles of balance, shared risk, fairness and transparency. While others still are attracted by the sheer potential of an industry worth around $1.85 trillion globally with growth rates of up to 15% per year. Whatever the draw, the buzz around Islamic and ethical finance continues to grow louder and stronger.

The UK, already home to the world’s financial and legal capital, is an increasingly important global player in Islamic Finance and its status, reach and competitive market makes the service it is able to offer truly unique.

Our expertise in Islamic Finance, where we have a growing number of banks, law firms and other service providers with a wealth of experience, is highly developed, and supported by an internationally renowned legal system and regulatory framework; a time-zone that is advantageous to doing businesses in the East and in the West; and thriving and cutting edge sectors as diverse as healthcare, education and smart cities.

As delegates will see this week, the UK is open for business and has the experience, the skills, the innovation, and the connections to overcome the challenges of the global, 24 hour market and make the most of every economic opportunity. It’s why we are rightly seen as a partner of choice and why this week’s WIEF will cement Britain’s position asthe leading Western country for Islamic finance.

Jamie Bowden British Ambassador

#acegovnews-2, #aceworldnews, #central-bank, #finance, #islam, #islamic-banks, #islamic-economic-jurisprudence, #islamic-finance, #london, #muslim-world, #oman, #uk, #western-world, #world-islamic-economic-forum

FEMA Most Powerful Organisation in the World – Executive Orders – Video Now

THE MOST POWERFUL ORGANIZATION IN THE UNITED STATES
Is not for protecting the people as much as it is for protecting the government.
See text of H.R.645

These are just a few of the Obama nations executive orders.

  • EXECUTIVE ORDER 10990 allows the government to take over all modes of transportation and control of highways and seaports.
  • FemaEXECUTIVE ORDER 10997 allows the government to take over all electrical power, gas, petroleum, fuels and minerals.
  • EXECUTIVE ORDER 10998 allows the government to take over all food resources and farms.
  • EXECUTIVE ORDER 11000 allows the government to mobilize civilians into work brigades under government supervision.
  • EXECUTIVE ORDER 11001 allows the government to take over all health, education and welfare functions.
  • EXECUTIVE ORDER 11002 designates the Postmaster General to operate a national registration of all persons.
  • EXECUTIVE ORDER 11003 allows the government to take over all airports and aircraft, including commercial aircraft.
  • EXECUTIVE ORDER 11004 allows the Housing and Finance Authority to relocate communities, build new housing with public funds, designate areas to be abandoned, and establish new locations for populations.
  • EXECUTIVE ORDER 11005 allows the government to take over rail-roads, inland waterways and public storage facilities.
  • EXECUTIVE ORDER 11051 specifies the responsibility of the Office of Emergency Planning and gives authorization to put all Executive Orders into effect in times of increased international tensions and economic or financial crisis.
  • EXECUTIVE ORDER 11310 grants authority to the Department of Justice to enforce the plans set out in Executive Orders, to institute industrial support, to establish judicial and legislative liaison, to control all aliens, to operate penal and correctional institutions, and to advise and assist the President.
  • EXECUTIVE ORDER 11049 assigns emergency preparedness function to federal departments and agencies, consolidating 21 operative Executive Orders issued over a fifteen year period.
  • EXECUTIVE ORDER 11921 allows the Federal Emergency Preparedness Agency to develop plans to establish control over the mechanisms of production and distribution, of energy sources, wages, salaries, credit and the flow of money in U.S. financial institution in any undefined national emergency. It also provides that when a state of emergency is declared by the President, Congress cannot review the action for six months.

Courtesy of True Activist – Read more: http://www.trueactivist.com/fema-camp-has-begun-homeless-first/

#acesecuritynews, #congress, #emergency-management, #executive-order, #executive-order-10995, #executive-order-11921, #fema, #finance, #government, #united-states

Billionaires dumping stocks at an alarming rate as…

Billionaires dumping stocks at an alarming rate, as they see the future as not so hopeful. With the US economy reliant on consumer spending ,such a move could be seen as a dark cloud on the horizon!

#acenewsservices, #consumer-spending-habits, #debt, #finance

Who Were The Real Fools On April Fools Day!

On this day we call April Fools Day, the UK Goverment fooled the people of Britain, by giving them just what they wanted! Namely their own way in the fact they believed the rhetoric they were told, and our health services were changed forever. Not just that they gave total control to the. “Bank of England” (BOE), allowing them to create the next financial crisis. Finally having convinced us all our benefits system is costing too much, especially the people who have too much, over the working people. They destroyed the benefits system in one swipe of the pen! Not bad on a day we call ” April Fools Day” the real question. Who were the real fools on that day? l will leave you with this question, but harken to these words” Make your decision based on what you want, and not what you need.Then the day will come when you will say”Why am l suffering, l never did anything for this to happen to me,” the answer is your forgot other people in favour of your own selfish wants!

Posted from WordPress for BlackBerry.

#benefits, #fca, #finance, #goverment, #healthcare, #nhs, #welfare

Is is always darkest before the dawn of a way forward

When you feel at your lowest it is then l will provide light.

When you feel at your lowest it is then l will provide light.

My first thought of today was to provide a way for people who are in debt, to feel they are not on their own! As so often happens we all that have experienced debt, at one time or another,think that there is no way out!

 

My personal experiences of debt took me from feelings of desperation, to feelings of how do l cope with no money! The only answer l could provide was when it felt like all hope was lost, it was only then that light entered into the bleakest moment!

 

As you will see l entitled this post ” It is always darkest before the dawn of a way forward” for the sole reason that nobody can know how it feels being in that dark place, until you have experienced that feeling of loneliness!

 

So today l am speaking to all those that feel lost, due to the fact that they have some form of debt, be it a bill they cannot pay, or a loan company hounding them at the door! I had it all happen to me, and eventually found that when and l say only when you are no longer scared, of the companies,lenders or providers of these debts,can you see the way forward and the light guides the way!

 

So if you feel just like this at any time, just send me a comment or forward an email to our organisation and l will personally provide a solution. There is no debt problem that cannot be solved, everyone can negotiate a way forward and above all else, there is someone here to listen and help and guide you to find the light.

 

As usual thanks for taking the time to read to this post,and remember you are not alone now, l am here!

 

Posted courtesy of Ace Finance News and Provider – Ian Draper

 

#debt, #debt-consolidation, #debt-settlement, #desperation, #finance, #financial-planning, #guidance, #help, #loneliness