KTFA, Breitling, Santa Surfing and more Friday PM 7-3-2020
KTFA:
Samson: AS PER FRANK'S REQUEST THIS VIDEO WILL BE POSTED DAILY
Most Important Video of All-Time
by @realDonaldTrump.
Why the corrupt establishment HAD TO stop Trump from being elected.
Why a coup attempt?
Why this impeachment attempt?
Trump is their Kryptonite.
This video lays it all out.#TrumpTheEstablishment
pic.twitter.com/Fgt9CKGUKy
— AnthemRespect (@AnthemRespect) September 30, 2019
Samson: NASDAQ HAD ITS 23RD RECORD CLOSE OF THE YEAR. OTHER EXCHANGES ARE FOLLOWING CLOSELY BEHIND. TREMENDOUS POTENTIAL REMAINING. BIG MONTHS UPCOMING. NEXT YEAR, DEPENDING ON AN ELECTION WIN, WILL BE ONE OF THE BEST EVER! @LouDobbs— Donald J. Trump (@realDonaldTrump) July 3, 2020
Samson: Fitch Solutions revises up Việt Nam’s 2020 GDP growth
2nd July, 2020
Fitch Solutions have revised up its 2020 real GDP growth forecast for Việt Nam slightly to 3 per cent, from 2.8 per cent previously.
Việt Nam’s real GDP was reported to grow by 0.4 per cent year-on-year (y-o-y) in the second quarter of this year, its weakest since the series began in 2000, mainly due to a sharp slowdown in manufacturing growth and a contraction in services. “Given that Việt Nam appears to have contained the COVID-19 outbreak domestically, we expect manufacturing and services growth to stage a recovery over the second half of 2020,” the rating agency said in a report released on Wednesday.
That said, the extent of recovery in manufacturing will be capped by weak external demand in a global recession, while a controlled reopening of borders only to ‘foreign experts, high-level workers and investors’, according to the Prime Minister on June 25, will continue to hamper a recovery in tourism-related services such as retail, accommodation and catering, and transport. “We expect growth of the industrial and construction sector, which account for about 35 per cent of GDP, to recover somewhat over H2 2020. Growth of the industrial sector slowed significantly in Q2 2020 to 0.7 per cent y-o-y, from 5.1 per cent y-o-y in Q1 2020."
According to reports from the General Statistics Office, the output of the extractive sector contracted by 6.4 per cent y-o-y in Q2 2020, extending its decline from 4.2 per cent y-o-y in Q1 2020, and Fitch expected the y-o-y contraction to continue over the coming quarters as the ongoing low oil price environment was making exports unprofitable for PetroVietnam.
Growth of manufacturing, the largest sub-sector at 17 per cent of GDP, slowed to 3.2 per cent y-o-y, from 7.1 per cent y-o-y in Q120, as activity stalled due to Viet Nam’s movement restrictions in April. With Việt Nam’s restrictions having been lifted, Fitch expected manufacturing growth to recover over the second half of the year. “Indeed, industrial production growth trends already indicate a sharp recovery underway and we expect this to be sustained over H2 2020. In particular, we expect the EU-Việt Nam Free Trade Agreement, which will come into effect in August 2020, to deliver a boost to export manufacturing activity,” Fitch said, adding that Việt Nam’s manufacturing sector will also gradually receive support from companies relocating from China and around the region. That said, weakened external demand amid a global recession will cap the extent of Việt Nam’s manufacturing activity rebound.
Construction growth remained steady at 4.6 per cent y-o-y in Q2 2020, versus 4.2 per cent y-o-y in Q1 2020 and Fitch expected a ramping up of the Government’s public infrastructure drive to aid the sector over H2 2020. Fitch expected services (42 per cent of GDP) growth to also recover somewhat over H2 2020.
It noted, income losses due to the COVID-19 economic shock would also see consumers tighten their purse strings, which would also hamper a recovery in tourism-related sub-sectors, such as retail, hospitality, and transport and warehousing services.
However, that said, an increase in domestic tourism in light of ongoing limitations on international leisure travel and consumer worries of contagion in the absence of a COVID-19 vaccine should help to cushion the loss in business for these sectors. “Real estate services (5 per cent of GDP) will likely also remain under pressure amid a challenging retail outlook, although we believe that Việt Nam re-allowing business travellers and investors should deliver some support to this sub-sector.” LINK
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Courtesy of Dinar Guru:
Delta ...they can not go international without them increasing the value...not for the sake of it all but because Iraq is in a unique situation and they have to. One of the stipulations put on them long time ago in order for you to go international you must...lift the 3 zeros from your exchange rate the same way they added the three zeros. Now they have to take those three zeros off in order for them to be accepted internationally...
Breitling If the value of their currency is too high regionally...no body is going to want to do business with Iraq because the value of labor is too high. This is how Iraq is going to look at it. They are going to look at that. And they are also going to compare it with them doing business outside of Iraq and they might be able to pull it off. That's how they're looking at it. That's why they haven't made the decision yet. That's why they're taking their time. You guys are in panic mode because you're waiting for your big payday. You don't realize how important of a decision this is for Iraq...
Breitling ...They've got to be able to balance...how do they be competitive in the region and also take advantage of the International markets? Because if they go too high - regionally they're going to get cut off. If they go too low they're not going to be able to pay for the local budget.
Rock Solid POTUS - New Beginnings - GESARA Incoming
Santa Surfing Beach Broadcast: July 3, 2020
From Fox News: “Trump needs a “Reset” to win the November Election
Full Transcript: https://beachbroadcast.com/whats-happening/f/rock-solid-potus---new-beginnings---gesara-incoming