Monday, November 30, 2015

Before It's News Featured News

 

30 Nov 15

 

Revelation 6 manifesting? Central banks are preparing! U.S. dollar going down, folks! The American dollar isbeing REPLACED! Look out September 2016, SERIOUSLY!

 

IMF Move Would Pressure China on Management of Yuan

International Monetary Fund expected to name yuan as a reserve currency

BEIJING—The International Monetary Fund is on the verge of labeling China’s yuan a reserve currency. Now Chinese officials will have to prove they can treat it like one.

The IMF on Monday is widely expected to say that next year, it will add the yuan to the elite basket of currencies that comprise its lending reserves, a status enjoyed only by the U.S. dollar, the euro, the British pound and the Japanese yen. The inclusion would represent recognition that the yuan’s status is rising along with China’s place in global finance.

Now comes the hard part. The inclusion puts new pressure on Beijing to change everything from how it manages the yuan, also known as renminbi, to how it communicates with investors and the world. China’s pledges to loosen its tight grip on the currency’s value and open its financial system will come under new scrutiny.

“We will have to build up confidence in renminbi assets from investors both at home and abroad and at the same time, prevent the financial risks associated with a more global currency,” said Sheng Songcheng, head of the survey and statistics department at the People’s Bank of China, the country’s central bank. “That calls for carrying out various financial reforms in a coordinated way.”

Inclusion would also put pressure on the central bank to offer the same degree of clarity and transparency that the U.S. Federal Reserve, the European Central Bank and other vital institutions strive for. That could be difficult: In the past six months alone, the PBOC shocked markets with a surprise currency devaluation, stood mostly silent during a Chinese stock-market rout and confused investors by issuing a new proclamation that turned out to be months old. READ MORE

ARE YOU COMPLETELY PREPARED? THIS IS THE MOST IMPORTANT PREP YOU CAN DO!   A TRUE AND ETERNAL INVESTMENT! 
 
 
The Bible tells us that every human has sinned and fallen short of the glory of God which is  is a heart-penetrating truth. He has provided a way to cleanse us of our sins since we can never be "good enough" to cleanse ourselves. That avenue to God's grace, mercy and forgiveness (the cleansing of our sins) is through His only begotten Son, Jesus Christ of Nazareth Who is equally God.
Not one of us are guaranteed a "tomorrow". Has your time run out? Will you continue to ignore the promptings of God the Holy Spirit or have you awakened to the essential need for God?
God the Holy Father, God the Holy Son and God the Holy Spirit are One God, the true, living, uncreated God Who is ever-present, all knowing, all powerful and all loving. He desires that every single person be forgiven, saved and to live eternally with Him. He is our only real protection and His love for you is unchanging. Accept Jesus Christ as your Savior, the true Messiah, today. 
You can't take your salvation for a test drive. You're all-in or not.
Admit to Him that you are a sinner in need of forgiveness, that you are truly sorry for your sins.  Acknowledge that He died for your sins, rose from the dead and lives forevermore. Invite Him into your life and to help you to turn from sin. Rejoice! You just became a Christian! Now trust in Him and get to know Him through the Bible which tells us everything we need to know and through prayer/talking to Him. He eagerly desires relationship with you.

 



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