News, Rumors and Opinions Sunday 10-30-2022
TNT:
Harambe: Indonesia offers 10-year visa for US $ 128,000 in bank | Daily Mirror
(10/28/22)
In a move to increase the economic activity in the country, Indonesia launched this week a fresh visa policy that will allow foreigners to make Bali their second home.
Under the new “second home” visa scheme, foreigners can stay for up to 10 years and carry out various activities, provided they meet the requirements.
A news report by Channel NewsAsia stated that to qualify for the scheme, those interested must have at least US $ 128,400 in their bank accounts and a passport that is valid for at least 36 months. “The aim is to attract foreign tourists to come to Bali and other destinations,” said acting Director General Immigration Widodo Ekatjahjana during the launch of the scheme on Tuesday (25).
According to the news report, the launch takes place just a few weeks before Indonesia is set to host the Group of 20 (G20) Leaders’ Summit in mid-November, which will see thousands of delegates arrive in Bali.
The new regulation will take effect on December 25, 2022.
“This immigration policy is one of the non-fiscal incentives that can be a stimulus for certain foreigners to stay and contribute positively to the Indonesian economy amidst increasingly dynamic global economic conditions,” added Ekatjahjana, as reported by Channel NewsAsia.
The new visa scheme is however received with reservations by the Balinese travel sector. Putu Winastra, head of Bali’s chapter of the Indonesian Tours and Travel Agencies expressed uncertainty as to how the new policy would help to boost tourism on the island. “The second home visa will be given to people who stay in Bali in the long term,” Winastra told CNA.
The second home visa or the golden visa has become popular in recent years. The visa scheme allows individuals to acquire a second passport or residency in another country. The scheme comes with a host of benefits, which varies from country to country.
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Harambe: Vietnam posts trade surplus of 9.4 billion USD in 10 months | Vietnam+
(10/29/22)
Vietnam posted a trade surplus of 9.4 billion USD in the first 10 months of 2022, compared to 630 million USD in the same period last year, according the General Statistics Office (GSO).
In October, the country's total export and import value was estimated at 58.27 billion USD, up 0.1% month on month and 5.7% year on year, the GSO said on October 29.
The 10-month foreign trade stood at about 616.24 billion USD, up 14.1% from the same period last year.
That included 312.82 billion USD in exports, rising 15.9%, with 80.36 billion USD coming from the domestic sector (up 13.4%) and 232.46 billion USD from the foreign invested sector (up 16.8%).
Thirty-two commodities recorded export revenue of over 1 billion USD each during the period, accouting for 92.8% of total overseas shipments. Among them, six brought home over 10 billion USD each, making up 64.1%.
Meanwhile, Vietnam imported about 303.42 billion USD worth of goods, increasing 12.2% year on year, with the domestic sector accounting for 105.28 billion USD (up 12.5%) and the foreign invested sector, 198.14 billion USD (up 12%).
Forty-four commodities posted import value of over 1 billion USD each, accounting for 93% of the total imports. Four of them saw this figure at over 10 billion USD each, accounting for 52.7%, statistics showed.
Between January and October, the US was the largest importer, purchasing some 93.4 billion USD worth of Vietnamese goods. China ranked first among exporters when shipping 100.7 billion USD worth of goods to Vietnam.
Meanwhile, agro-forestry-aquatic product exports and imports totalled 82.1 billion USD in the 10 months, rising 10.2% from the same period last year, said the Ministry of Agriculture and Rural Development.
That consisted of more than 44.9 billion USD in exports (up 14.1%) and 37.2 billion USD in imports (up 5.8%), resulting in a trade surplus of 7.7 billion USD (up 83.7%).
Since the year’s beginning, eight products/groups of products have generated over 2 billion USD in export revenue each, namely coffee, rubber, rice, fruits and vegetables, cashew nuts, shrimp, tra fish, and wood products.
The US has bought more than 11.4 billion USD worth of agro-forestry-aquatic products from Vietnam, accounting for 25.4% of total exports and remaining the latter’s biggest export market. It was followed by China (8.3 billion USD, 18.5%) and Japan (3.5 billion USD, 7.8%).
https://en.vietnamplus.vn/vietnam-posts-trade-surplus-of-94-billion-usd-in-10-months/242937.vnp
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Courtesy of Dinar Guru
Samson Article: "The formation of the Sudanese government pushes the Iraqis again to demand a decrease in the exchange rate of the dollar"
Pimpy There's a lot of people out there going...crazy about the exchange rate getting ready to happen - getting ready for it to soar - It's gonna take off - This is the time we've been waiting for...we're going to find out quickly what's going to happen with the Iraqi dinar. It really depends on what this government has in store for the Iraqi people.
Let's Stay Positive (Gold, Silver, RV, GCR, Iraqi Dinar, Vietnamese Dong, Zim, Med Beds, NESARA).
Dr. Kia Pruit: 10-26-2022
(Intel starts about minute 5:00)
Let's maintain our positive attitude and support and encourage each other. Our change for the best is coming soon!
Here in this video, we discuss: 1. the declining value of the USD
2. The return to the gold standard
3. NESARA and GESARA (history and benefits)
4. How the farmer's claims and other lawsuits against the USD, Inc led to NESARA-GESARA
5. Importance of silver, gold, protection, family, and community
6. RV, GCR, and Trusts
7. Humanitarian projects and exotic currencies, i.e., IQD VND, ZIM, etc and MORE.
We're Not Far From System FAILURE | Francis Hunt
Liberty and Finance: 10-30-2022
Inflation cannot be reigned in until interest rates get above the rate of inflation, says Francis Hunt of The Market Sniper. While the Dollar has been rising compared to other currencies, the Dollar will eventually fail as well.
Owning gold is important to get ahead of the curve, he says. That's what many of the very wealthy individuals in the world are doing, buying the yellow metal.
0:00 Intro
2:18 Bond market
7:06 System failure
13:03 Raising rates
21:05 Physical metal