Established in 2006 as a Community of Reality

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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


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    Rocky
    Rocky
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    Posts : 267005
    Join date : 2012-12-21

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    Post by Rocky Sun Jan 14, 2018 3:38 am

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    NEW YORK - 
    Oil 
    prices rose for a sixth consecutive session at the beginning of the week after Russian Energy Minister Alexander Novak said global crude supplies had not yet reached full equilibrium, easing market concerns about an early end to the deal. Led by OPEC to cut production.
    Ministers from major OPEC producers and beyond would discuss the possibility of breaking out of the deal at a meeting of the joint committee to monitor the market, scheduled to be held in Oman on Jan. 21, Novak said. "We see supply oversupply, but the market has not been fully balanced yet." His comments gave support to prices, which recovered after falling earlier, although the market did not reach the highs it touched on Thursday's session when it exceeded Brent crude 
    hit $ 70 a barrel for the first time since December 2014. Brent crude futures closed at 61 cents, or 0.88 percent, to settle at $ 69.87 a barrel. 
    US benchmark WTI futures rose 50 cents, or 0.78 percent, to close at $ 64.30 a barrel. On Thursday, US crude hit its strongest level since late 2014 at $ 64.77.
    Brent ended the week with gains of 3.3 percent, while US crude jumped 4.7 percent.
     

    Berlin 
    Martin Schulz: The European Union will have a finance minister , 
    said the Social Democratic Party leader in Germany, it is expected to be the European Union 's finance minister to oversee financial issues in the bloc of 27 Dolh.ujaet comments Martin Schulz station ZDF television German after Hours of his party's approval of a plan for negotiations with the conservatives led by Chancellor Angela Merkel on the formation of a coalition government. "There will be a European finance minister," Schultz said.
     

    Rabat 
    Morocco 
    will begin a flexible system of exchange rate of the dirham on Monday, which will determine the exchange rate of the dirham within the scope of volatility, the government said in a statement. By between -2.5 percent and 2.5 percent instead of the current rate of between -0.3 percent and 0.3 percent. "This is aimed at strengthening the immunity of the national economy against external shocks, supporting its competitiveness and improving its level of growth, Keeping pace with the structural changes that the Moroccan economy has known over the years Especially at the level of diversification, openness and integration into the global economy. " 
    "Under this new system, Bank Al-Maghrib will continue to intervene to ensure the liquidity of the exchange market," it added.
    Morocco is working with a technical mission from the International Monetary Fund to free its currency. The move was expected last year but was postponed until further studies. The Moroccan dirham is largely tied to the euro, but in a move towards greater flexibility, the central bank reduced the euro's relative weight in the exchange rate to 60 percent from 80 percent and raised the dollar's relative weight To 40 percent from 20 percent.



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      Current date/time is Thu Mar 28, 2024 5:34 am