betekenis van het woord CHANGED

NASDAQ HITS ALL-TIME HIGHS: Here’s what you need to know

The tech-dominated Nasdaq index rose to an all-time high in trading, as stocks continued to rally following the Federal Reserve’s decision to leave interest rates unCHANGED on Wednesday.

Here comes the Fed …

The Federal Reserve kept its benchmark interest rate unCHANGED at its September meeting, just as markets had expected.

Willem Middelkoop: IMF’s Substitution Fund to kick-start SDR as a new global currency

After seven years of Chinese pressure, a plan allowing investors to exchange their U.S. Treasury holdings for SDRs through a ‘substitution fund’ is being discussed

After seven years of Chinese pressure, a plan allowing investors to exchange their U.S. Treasury holdings for SDRs through a ‘substitution fund’ is being discussed

The Big Reset (2013) fully explains the need for a major reform of the world’s financial system. Now, a new anchor for world’s monetary system needs to be found. The Chinese, ever more in the driving seat of global finance, have made it very clear that the Special Drawing Rights (SDR) of the IMF is the preferred future international world reserve currency. The issue with SDRs as a true reserve currency thus far had been its lack of liquidity. There were simply not enough SDRs in circulation for it to play a major role in international monetary finance. To cope with countries that wanted to get rid of large dollar positions, a ‘Substitution Fund’, run by the IMF, was proposed. This fund could facilitate a direct exchange of dollars for SDRs. The liquidity issue would be resolved with one stroke of the pen, as an SDR would be created for every dollar that was exCHANGED. This substitution fund is now finding general appeal, and should be seen as a next crucial step in the big reset.

Europa gaat "All In": Sancties tegen Rosneft, Gazprom Neft en Transneft

Until this moment, the main reason why everyone mostly dismissed Europe's sanctions against Russia is that despite all its pompous rhetoric, Europe consistently refused to hit Russia where it would hurt: its energy titans Gazprom, Rosneft And Transfneft. The reason is simple: by imposing sanctions on these core energy exporters, Europe would directly threaten the stability of its own energy imports (Russia accounts for up to 30% of German gas imports), and as winter approaches with every passing day, playing with the energy status quo would seem like economic suicide. This all appears to have CHANGED last Friday, when as the FT reports from a leaked copy, Europe's latest sanctions round will boldly go where Europe has never dared to go before, and impose sanctions on the big three: Rosneft, Gazprom Neft and Transneft.

Gazprom start acceptatie betaling olie in roebel, yuan

Several months ago, when Russia announced the much anticipated "Holy Grail" energy deal with China, some were disappointed that despite this symbolic agreement meant to break the petrodollar's stranglehold on the rest of the world, neither Russia nor China announced payment terms to be in anything but dollars. In doing so they admitted that while both nations are eager to move away from a US Dollar reserve currency, neither is yet able to provide an alternative.

This CHANGED in late June when first Gazprom's CFO announced the gas giant was ready to settle China contracts in Yuan or Rubles, and at the same time the People's Bank of China announced that its Assistant Governor Jin Qi and Russian central bank Deputy Chairman Dmitry Skobelkin held a meeting in which they discussed cooperating on project and trade financing using local currencies. The meeting discussed cooperation in bank card, insurance and financial supervision sectors.