News, Rumors and Opinions Sunday 11-15-2020
KTFA:
Samson: The largest trade agreement in the world is officially signed
15th November, 2020
Today, Sunday, the world witnessed the birth of the largest trade gathering in history, which includes about 15 countries from Asia.
Vietnamese Prime Minister Nguyen Chuan Phuc said that the countries of Asia and the Pacific signed the largest free trade agreement in the world on Sunday in a virtual summit hosted by Hanoi.
"The signing of the Regional Comprehensive Economic Partnership is a concrete measure that shows the determination to cooperate and integrate in the region," Fok told regional leaders and businessmen at a meeting of the Association of Southeast Asian Nations (ASEAN).
The so-called "Comprehensive Regional Economic Partnership" agreement covers 2.2 billion people and 29% of global economic output.
The agreement, negotiated since 2013, includes the world's largest trade agreement with the ten ASEAN member states - Vietnam, Thailand, the Philippines, Laos, Cambodia, Myanmar, Malaysia, Singapore, Indonesia and Brunei - along with Australia, China, Japan, New Zealand and South Korea which are known as ASEAN partner countries.
The post The world's largest trade agreement is officially signed appeared first on the Independent Press Agency. LINK
TNT:
Tishwash: Erbil Stock Exchange announces its opening near to investors
The director of the Erbil Stock Exchange, Sherwan Mustafa, announced that the Erbil Stock Exchange will open in the coming days after removing obstacles, calling for the inclusion of large investment companies on the stock exchange.
Mustafa said, that all circumstances have been removed before the opening of the Erbil Stock Exchange, as during the coming days the stock exchange will open to investors, adding that consulting companies will be present to provide advice to new investors.
Mustafa called for the large investment companies to be listed on the stock exchange because they get great privileges represented by tax exemptions, explaining that there are a number of companies that create excuses for not being listed on the stock exchange. link
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Courtesy of Dinar Guru
MilitiaMan Saudi Arabia announces "mega projects" for it in Iraq and is glad to open Arar" Quote: "There are giant projects that will be implemented in the next stage..." My thinking is that the ports opening, the funding or KW projects and the salaries to be paid tomorrow are not a coincidence. At least they are closely linked to the coming days or so. So, from the sounds of all the data out, this is about over...If SA is on board, game over...I have to agree that is sure looks that way...imo.
Pimpy This is my opinion and my opinion only...whatever is going to happen needs to happen quickly...the truth of the matter is whenever the discussion of the rate change happens, it's done in a very very small group of people. If they decide to do it, one person will call it and make it happen. You won't even be aware of it until people start blowing it up all over social media. We have no idea what's holding it up or why it hasn't gone forward. There is a lot of speculation that it might happen between now and the end of the year...I understand why. That would be nice. But there is no proof of that...stay grounded.
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Iraq Will Open Important High Profile Files Soon
Currency365: Nov 15, 2020
There's Still 20 Million Unemployed Americans & We Just Hit The Largest Budget Deficit In History
Nov 15, 2020
The truth about unemployment is much worse than they have been reporting and that's mostly due to the method they are using to record continuing unemployment claims. They have been able to hide a larger number of unemployed from the continuing claims data by switching them over to the emergency unemployment category which has been created probably for that purpose.
Though they would like to convince us the economy is in the midst of a super-v recovery if that was the case they would need to change the way they are calculating these economic statistics.
Another troubling sign is the US just recorded the largest October budget deficit in history and it seems the answer the market is waiting on (more stimulus) is actually what is making us ill. The economy's systemic issue is debt and nothing about this solution helped to reduce debt for corporations and our sovereign debt is rapidly approaching $30 trillion.
They are in discussion now about another spending bill and the word on the street they're stuck between $1 Trillion and $2 something