Loan & Investments Ltd

LOANS, INTERNATIONAL PROJECT FINANCE, BG, SBLC, DLC

Tag Archives: Banking Instruments

60% of UK Directors feel an increase in broadband speed would improve competitiveness and 78% their organisation’s productivity

The October Policy Voice survey addressed the topic Internet Broadband in the UK. Below are some of the survey highlights:

  • 56% of members use broadband for video conferencing and 54% for downloading media files.
  • 57% store their data on owned or leased servers and 30% via the cloud.
  • 60% feel increase in broadband speed would improve competitiveness and 78% their organisation’s productivity (see chart below).
  • 51% feel faster broadband encourages flexible working opportunities(see chart below).
  • 49% are satisfied with the overall product or service provided by their broadband provider.

60% of UK Directors feel an increase in broadband speed would improve competitiveness and 78% their organisation’s productivity

Source: October 2015 Policy Voice Survey, IoD

If you need Loan, project financing, Bank Guarantees, SBLC, DLC or Letters of Credit kindly contact us immediately for more detailed information. 
 
 
Skype: loanandinvestments


BROKERS ARE WELCOME & ARE 100% PROTECTED!! If you want to be our broker or company representative please contact us via email for more information.
Advertisements

Venture Capital flowing to European companies reaches a 19-quarter high in Q3 2015

Q3 2015 was a 19-quarter high for VC flowing to European companies

Source: CB Insights

If you need Loan, project financing, Bank Guarantees, SBLC, DLC or Letters of Credit kindly contact us immediately for more detailed information. 
 
 
Skype: loanandinvestments


BROKERS ARE WELCOME & ARE 100% PROTECTED!! If you want to be our broker or company representative please contact us via email for more information.

New This is a lease monetization program! Min 10 million usdNon Recourse Funding

I have a proposal for you and/OR your clients which will NOT require you to purchase anything….and will return MILLIONS to you in 10-14 days!!!

This program is very similar to our previous program except you will make a lot more money!! The previous program is closed!!

Here is how it will work..

This is a lease monetization program!

This program will require you to show at least a $10 million proof of funds! This is the minimum amount I want to use….However..we may be able to use a $5 million POF and get a $50 million leased BG. Please contact me about this.

The MAX POF to show is $5 Billion!

You will become the client on this. Showing a $10 million POF will qualify you to lease a $100 million lease bank instrument. We will then have the instrument monetized at a 60-65% Loan to Value and receive a non-recourse loan. Then we will do a Joint Venture together. I will explain the numbers below!

The program will ask you to send a MT799 from your bank.  The funds will be verified but NEVER MOVED OR TOUCHED…..WHATSOEVER!!!!!!

The whole process will take about 10 – 14 days to complete.

I know the monetizer of the program..and I have selected the instrument provider to use..

Here is how the JV will work –

The leased instrument will cost 10% of the face value of the instrument. So a 10% POF has to be shown.

Example –

For a $100 million instrument –
The cost will be $10 million (POF Amount) – 10% of the face value.
$100 million Monetized at 60% loan to value – Equals $60 million
$60 million – minus

$10 million – 10% lease fee cost – minus
$5 million – 5% monetization fees –
Equals
$45 million – minus
$9 million – 20% JV fee for me and Brokers
$36 million – Net to You
**********************************************************************************************************
For a $500 million instrument –
The cost will be $50 million (POF Amount) – 10% of the face value.
$500 million Monetized at 60% loan to value – Equals $300 million
$300 million – minus

$50 million – 10% lease fee cost – minus
$25 million – 5% monetization fees –
Equals
$225 million – minus
$45 million – 20% JV fee for me and Brokers
$180 Million – Net To You

If you need Loan, project financing, Bank Guarantees, SBLC, DLC or Letters of Credit kindly contact us immediately for more detailed information. 
 
 
Skype: loanandinvestments


BROKERS ARE WELCOME & ARE 100% PROTECTED!! If you want to be our broker or company representative please contact us via email for more information.

Project funding – No Collateral– Insurance Sealed – Funding, Fast Approval, Fast Cash Settlement

=========================================
Funding Offer Particulars: OFFER  – Only Limited Slots only available
=========================================
No Collateral ,  – Insurance  Sealed – Funding, Fast Approval , Fast Cash Settlement
========================================
Loan amount : Minimum 5M (Preferable)
Issuing place:Asia/Europe/America
Loan Tenure : 5 Years
Interest fee : 3% per annum
Project consulting fee: 5%
Approval Within (Historical days)  : Within 1-5 Banking days
Funds dispersed (Historical days)  : Within 3-10 Banking days
Repaying capital: at the end of 5 years . In the event of failure, Insurance shall cover the capital repayment.

================================================================================
FOLLOWING IS THE  LIST OF STEPS FOR GETTING FUNDING APPROVAL  & RECEIVE FUNDS

STEP 1: Email the bank statement/tear sheet/ATV
Forward the cash funds holding company account’s bank statement/tear sheet/ATV which has 5.1% of requested fund. For example if a company wants 50M, Bank account should have 2.5M +0.1%.
Forward the  cash funds holding company account’s authorized signatory  proof documents
(Passport,Company Biz file indicating the shareholders,company resolution,company incorporation & registration document).

STEP 2: Email the Project Snapshot
Project snapshot should be submitted with  following details:
Executive Summary about the project, Project Face Value , Project funds requested amount ,  What types of  project funding required(Private Company Lending,Equity share,Banker Lending , Monetize Non recourse Loan by SBLC/BG) , Loan Tenure , Loan Interest range,any collateral details, what are different tranches required (starts with 5M/100M….),
who are all shareholders, how income shall be generated using the project fund?  How the  project fund is utilized ?
what are all risks are involved? 


STEP 3: Getting the Funder interest to fund the project We shall inform the  Funder interest to fund the project


STEP 4:Receive LOI Letter format & FPA(Fee Protection Agreement)
We shall forward the  LOI Letter format & FPA(Fee Protection Agreement) .
Please forward the  Signed copy of Authorized signatory of cash funds holding company account in company Letter head.


Please forward the  Signed copy of FPA of Authorized signatory of singapore cash funds holding company account in company Letter head & Notarized by lawyer.


STEP 4:
We shall issue application forms for filling up.
STEP 5:
We submit the application forms
STEP 6:
we request funders to approve the funds asap.
We shall get you the Funder’s Advance payment letter.
STEP 7: This STEP  is followed for a specific funders only .Other funders , this step may or may not be required.
Work with Insurance banker to  insure the sanctioned amount.
In the event of failure to repay the capital at the end of 5 years loan, Insurance banker shall pay the capital to banker.
STEP 8:
On receiving funders approval letter, Pay the  Project consulting fee of 0,1%  of  approved funding amount to  us
Forward the  LEtter of undertaking letter to issue the Project consulting fee of 4.9% with post dated cheq .
STEP 9:
we request funders to release the  payments asap  into the bank acct.
On receiving money  into  bank acct, Ensure that Post dated Cheque is cleared.
============================================================================================================================

Important Note:
If  you have any Good Overseas  Projects , We can form a joint venture with Overseas corporate companies to execute their project by having us  a  singapore business partner who acts as a managing partner for the projects.

We have good network of  Funder mandate & Funding providers .We can help  for good projects with TOP QUALITY Authenticated documents.

If any interested funder is interested to meet the borrower.
All expenses(Flight/Accomodation/Daily peridium)  needs to be paid  by borrower.

If you need Loan, project financing, Bank Guarantees, SBLC, DLC or Letters of Credit kindly contact us immediately for more detailed information. 
 
 
Skype: loanandinvestments


BROKERS ARE WELCOME & ARE 100% PROTECTED!! If you want to be our broker or company representative please contact us via email for more information.

THE MYSTERIOUS WORLD OF BANK INSTRUMENT LEASING (THE TRUTHS AND THE LIES)

There are so many myths and fables about leasing bank instruments that there is no place to begin.  So let’s begin with the basic truthful tenants.
First, no one is going to back the issuance of a bank instrument (provide collateral), and allow you to borrow against it without knowing AND approving the use of the borrowed funds. The Applicant is going to be very careful and learn ALL the risks of your loan not being timely repaid before he will lease you the instrument. The reason for this is that the party backing the instrument (called “the Applicant”) is not stupid enough to take a small lease fee in exchange for losing the face value of the instrument upon your default of the loan (or guarantee) taken against it.
THE LESSON:  So if a provider of a leased instrument offers you the lease of an instrument with a face value of $100 million for a lease fee of 10% ($10 million), and you wish to borrow against the instrument (or put it in jeopardy in some way), and if the provider does not take care of the securitization of that loan where he is satisfied that he will get his money back on your borrowings, then it is not a real deal and there is a fraud involved somewhere.
QUE: Where there are no or few authentic inquiries into the use of the funds and their security, followed up by no genuine request for securitization documents, references, and typical loan supporting information, there is a fraud going on. If you understand this tenant, then you can move forward and learn how these transactions really work.
Second, in analyzing to determine if an instrument lease transactions is a “real deal”, keep your eye always on the Applicant.  There will only be an instrument lease transaction if the Applicant is satisfied that the risks are acceptable to him of losing money borrowed against the instrument (or put it in jeopardy in some way such as operating as a guarantee).  This is the rule of instrument leasing.  Learn it and remember it!
Here are some examples that will often work when leasing an instrument:
Commodities Trading:  Use instrument as a guarantee to guarantee purchase and payment pending completion of sale and resale by the purchaser-lessee. On resale of the commodities the risk of the Applicant is eliminated by payment to the Seller from the proceeds of the resale by the purchaser-lessee.
Commodities Trading:  Funds borrowed against leased instrument are used to pay Seller, and  Applicant is paid and risk eliminated on resale of commodities to third party.
Real Estate Transactions:  Leased instrument is used as a guarantee to “hold” a purchase pending obtaining financing.  Once financing is obtained, Applicant has no further liability.
Purchase of a Business (securities):  Leased instrument is used as a guarantee to “hold” a purchase of stock pending obtaining financing.  Once financing is obtained, Applicant has no further liability. Financing is often easily obtained when Lessee has a buyer.
Purchase of a Business (Assets):  Leased instrument is used as a guarantee to “hold” a purchase of assets pending obtaining financing.  Once financing is obtained, Applicant has no further liability.
Construction Projects.  In the financing of construction projects, leased instruments are used similarly as used in real estate purchase transactions. The leased instrument may be used a guarantee that sufficient funds are available to complete the project. This may provide “bridge financing” until a “take out” is in place.   The Applicant will usually require a completion bond to be in place.
Third, in trying to keep your eye on the Applicant, sometimes it is very difficult to do so.  The reasons generally are that the Applicant and the Provider are jointly committing a fraud and do not want the Applicant to be known or identified, or on the other hand (as in most cases) there is no Applicant.  The Applicant is an imaginary creation of the Provider.
 QUE: If there is no Applicant doing the right things in an honest manner, there is no leasing transaction deal.  There is just a fraud.
Important Note on Spotting Fraud:  Not only should you look for the behavior of the Applicant, look at the facts surrounding the payment of any money, big or small.  You will usually be distracted by the possibility of losing a large sum that may be required.  However, most frauds are not aimed at that large sum as the fraudsters know they will never collect that amount.  They are seeking the payment of smaller fees and charges that do not seem important to you at the time.  For instance, the advance payment of $5,000 in bank charges may seem unimportant, but that sum is the total object of the fraud.  Some of the fraudsters will have ten transactions a month just stealing $5,000 per transaction while you are not looking as you are taking it out of your wallet and paying them.
Additional Note on Spotting Fraud:  Where someone is willing to lease you a billion or more dollars, run!  For these large deals it takes a consortium of banks to put together the guarantee involved, and usually the bank offered is unacceptable, including Chinese and Indonesian Banks where employee insiders cause a lot of problems.  Do not get involved in the financing of multi-billion dollar government constructions projects (e.g. dams). These are invariably fraudulent.
Fourth, unfortunately, there is a situation in this type of financing where you are almost guaranteed to lose your money and the Applicant provides you with all that he agrees to provide you with; i.e. he provides you with a valid instrument drawn on an acceptable bank. Again, here is the scenario:  (1) Ninety Percent (90%) of the time the outcome is that the Applicant provides you with the leased instrument as agreed, (2) you cannot use the instrument, and (3) the Applicant has earned the fee and keeps it.  You have paid for an instrument you cannot use and have no civil or criminal liability against the Applicant, because he has done exactly as you requested.
Side Note for Prospective Applicants:  This is why every Applicant that I have set up in business of providing leased bank instruments has made millions of dollars just waiting for you to screw up.
Back to you Lessees:  What is your “screw up”?  Almost 90% of you make the same mistake, and nearly the rest of you, to make up the 100%, make one or more of possible thirty or so mistakes.
 THE LESSON:  Few of these transactions work because (i) most are fraudulent and (ii) those that are legitimate are “screwed up” by lessees with incompetent counsel or no counsel at all that allow their clients to lose their money by making disastrous mistakes.
If you need Loan, project financing, Bank Guarantees, SBLC, DLC or Letters of Credit kindly contact us immediately for more detailed information. 
 
 
Skype: loanandinvestments


BROKERS ARE WELCOME & ARE 100% PROTECTED!! If you want to be our broker or company representative please contact us via email for more information.

BANK GUARANTEE WARNING: 5 Ways to Lose Money – Beware!

IMPORTANT BANK GUARANTEE WARNING: 5 Ways to Lose Money – Beware! Too many clients have lost too much money in the Bank Guarantee industry by foolishly and naively being conned by unscrupulous people. Clients get lured by the promise of high returns and because of inexperience get caught in some pretty nasty pit falls and lose their money. This article is written to warn and educate clients so they can AVOID LOSING MONEY and SAFELY COMPLETE BANK GUARANTEE TRANSACTIONS WITHOUT LOSING YOUR SHIRT!

Many of our clients wish to purchase Bank Guarantees for Monetization, Discounting or Funding. If you do this it is CRITICAL you get it right! There is no margin for error when your dealing with millions if dollars!

There are some big traps uninformed customers fall into that cost them a lot of money or the whole deal. Loan and Investments Limited would like to partner with you and help you navigate the mine field of the bank guarantee market so you can safely and successfully get deals completed.

Here are just a few Mistakes people make….. that have Cost foolish investors many many $$$$

Lease-BG-UpsetMan

Mistake 1: Buying a BG that is Neutered – Some sneaky companies issue neutered Bank Guarantees. That is a Bank Guarantee that can only be used for credit enhancement on a companies books but can never be monetized or traded. It’s a nasty surprise you get when you realize your pristine Bank Guarantee delivered by MT760 to your Monetizer is……. useless!

Mistake 2: Buying a BG that is Leased – Many Leased Bank Guarantees cannot be monetized. If you buy a Bank Guarantee that has the word “leased” in the Bank Guarantee text when it is delivered to the funder or monetizer. You just got screwed and have a worthless piece of paper you can’t use! Loan and Investments Ltd offers you “unrestricted beneficiary ownership of the Bank Guarantee for a 12 month term” this gives you full monetization capability at the price of a lease. Don’t risk playing with fire, a cheap Bank Guarantee provider is likely to make you pay one way or another in the end! Play safe get a Bank Guarantee from Loan and Investments Ltd.

Mistake 3: Procedures DON’T Match – If the delivery procedures of the Bank Guarantee issuer don’t exactly match with the Bank Guarantee Monetizer, Funder or Discounter you will never get the Bank Guarantee delivered because the two parties are incompatible with each other. You just can’t put a round peg in a square hole! In our experience up to 40% of Bank Guarantee deliveries to funders FAIL because the procedures between the parties are incompatible. It is sickening to see clients with failed transactions caught in a blame game of table tennis between Bank Guarantee Issuer and Bank Guarantee Funder who each point the finger at one another. Avoid this nightmare, just use our prestructured, prenegotiated Managed Bank Guarantee Program. Email us for more details.

Mistake 4: The No Bank Play – When your Bank Guarantee Issuing Agreement with you lists them sending a MT999 or MT799 from a non bank entity to the monetizers or funder bank entity. You’ve been screwed! This is a huge scam because many Bank Guarantee Issuers issue from non bank entities that have names that sound like banks but aren’t! Authentic Banks will not reply or communicate with Non Banks Entities or private companies that send the bank messages on the SWIFT network. ThLease SBLC Upset Businessmanose messages are treated like an annoying mosquito, it buzzes into the bank on the SWIFT network and is swatted away to the rubbish bin as soon as the bank realizes it was sent from a non bank entity!

The Bank Guarantee Issuer then claims they delivered service to the bank and that because the bank did not perform or respond, then the Bank Guarantee Issuer keeps all your money because they claim the bank defaulted on your contract. Ouch!

Mistake 5: No CUSIP or ISIN Number – Some Bank Guarantee monetizers or funders will only accept Bank Guarantees with CUSIP or ISIN Numbers. This means they will NOT accept a fresh cut bank guarantee, ONLY seasoned instruments (which is a Bank Guarantee that has been created by one Bank and issued to a second bank who them registers the CUSIP and ISIN numbers of the instrument). Seasoned Bank Guarantees cost more because they have to be passed through two banks to become seasoned and are generally are only available to be purchased from secondary owners not direct from the Bank Guarantee Issuing Bank. We monetize fresh cut and seasoned instruments, as long as the bank guarantee is 100% real we will monetize it and ensure you bank cash no matter whether its fresh cut or seasoned.

The above Mistakes are the Tip of the Iceberg!

There are many many more!

As Experienced Bank Guarantee Experts our Business is structured to assist you to AVOID the PITFALLS and NIGHTMARES. Our goal is to and help you concluded safe successful transactions.

The BIGGEST Benefit in working with Loan and Investments Ltd is our years of Bank Guarantee Expertise and Knowledge, it is the best and insurance and safety net you will ever get and we don’t charge a cent for it! Our guidance comes free with every transaction we complete for you.
When your dealing with financial instruments and Bank Guarantees worth Millions of dollars DON´T be a Do it Yourselfer and cause yourself significant harm! Partner with Loan and Investments Ltd and get the right result, safely without burning your house down.

Experience is the Best Insurance – Use Loan and Investments Ltd Today for all your Loan, project Finance and Bank instruments transactions including bank Guarantees, DLC, leased sblc, seasoned BG, frshly cut BG, slightly seasoned BG etc!

FREE Bank Guarantees – No Money Down

Once upon a time in a city far far away a lonely man with no money decided it would be fun to start a rumor…. He had played the game of Chinese Whispers before and thought it would be a great joke if he told everyone that…… You could get Free Bank Guarantees, without paying any money until the BG was delivered to the funder.

Free BG

Free BG

In a daring moment the lonely man spread the rumor to all his friends, within weeks everyone was talking about how you could get Bank Guarantees worth Millions of Dollars for FREE, without ANY Money Upfront, Free Bank Guarantees. The news spread like wildfire as desperate people latched on to the hope of a pipe dream that was started as a lie and was in fact 100% Untrue the entire time!

The Sad Reality is our industry is full of people that believe the fairy tale that Bank Guarantees can be obtained with NO MONEY UPFRONT. The fact is they can’t! They never have been able to be purchased for free and they never will be! ALL banks especially Top 25 banks charge fees to create and transmit the Bank Guarantee to a Funder. NO BANK will do that for free! No Bank will take the risk on a transaction for the customer. NONE!

If the bank is not paid, no Bank Guarantee will EVER get sent. And if the customer (you) are not paying for the bank guarantee to be sent…. then it wont be sent and no deal will ever be concluded! You can be absolutely sure that NO BG ISSUER is going to pay the bank fees for you, why would they? If they own the BG and they pay the Bank Fees as well, why do they need you as the customer? They may as well transmit the BG to the Funder themselves and keep all the profit for themselves. Why would they share a cent with a client who has put up no money and taken no risk?

Free BG

Free BG

Its just a bad joke that people believe the free BG fairy tale! Regrettably so many people are busy believing the “I can get a Bank Guarantee with No Upfront Fees Lie” that they waste hundreds of hours each year trying to find the Gold at the end of the Rainbow that DOES NOT EXIST & NEVER HAS EXISTED!

Our $1,000 Reward Offer

We will pay any client $1,000 who can show us documented evidence of all stages of a BG Transaction being Issued, Funded and over 1 Million Dollars being paid to the clients account with the client putting No Money Upfront. Yes thats right, we will pay any client who has transacted a deal $1,000 if they can show us accurate, factual, irrefutable documentary proof that they have completed the funding of ANY BG transaction (must be a recent transaction of no more than 3 months old) with ANY rated bank and banked a profit of over 1 million dollars.

Please, I beg you, prove us wrong! If there are hundreds of people doing Bank Guarantee Deals for Free…. and there should be because everyone is talking about it…… then come take our $1,000 money!

IMPORTANT NOTE – As of the date you are reading this article…. NOT ONE SINGLE PERSON has EVER come forward with ANY evidence EVER that ANY one has EVER completed a Bank Guarantee Deal for FREE!

The truth is this….. too many people have been scammed out of Upfront Fee Money, and as a result of having a bad experience those same people made up an investment rule up in their mind that they would now only enter a transaction if they did not have to risk any money or put any money up front. This effectively created a rule that prevents them from having ANY success or EVER completing ANY BG transaction because without money paid upfront to cover the bank costs, NO deal will ever get concluded!

Try going to your local airline and telling the airline i need you to fly me across the country for free and when i get to my destination i will pay you then! See how many plane rides you can take….. NONE! Freeloaders get Nowhere!

The problem with most people is they haven’t thought through their own logic, they are so caught up in the greed and dream of making millions of dollars from nothing that they have never considered the possibility that they are believing in a lie. There are no free lunches in life, there certainly are no free million dollar lunches in life, if you don’t pay for it you don’t get it, its that simple. You get what you pay for, pay nothing, get nothing. Its the most fundamental economic principle and Bank Guarantees are operating in the centre of the economic world.

If free Bank Guarantees were a reality….. There wont be any poor man in the world today. infact Every homeless person in the world today would be doing BG deals every week.

But FREE Bank Guarantees are not a reality, they are a fairy tale, a legend promoted by poor people to live on the hope of a dream to get rich from nothing. You have more chance of buying a lottery ticket and winning the lottery than ever completing a BG Deal for free. At least with the lottery ticket you paid the money to receive the chance.

With BGs, if you don’t pay to play, you will never get your money day. Thats the simple truth. 

If you need Loan, project funding, Bank Guarantee, SBLC, DLC or Letters of Credit please contact us immediately. 
 
Skype: loanandinvestments


Brokers are paid good commission on each successful transaction so if you want to work for our company as a broker, agent or mandate please contact us for more information.

Typhoon Koppu could dump nearly a meter of rain on the northern Philippines

Typhoon Koppu slammed into the Philippines with formidable winds this weekend—reaching 240 kph (150 mph) before landfall—but weather experts say the rain, not the wind, is the main worry.

The storm (known locally as Typhoon Lando) has already dumped massive amounts of rain on Luzon, the nation’s main northern island and home to nearly half its population of 98 million people. The death toll has been minimal, but with the exceptional rains expected to rage on for several more days, the risk of flash floods and mudslides is growing by the hour and over 16,000 have been evacuated so far.

The heavy rains are widespread across the island, including in Cabanatuan, a city in central Luzon:

Oct. 19 in Cabanatuan city, northern Manila.Improvised transport in Cabanatuan city, on Oct. 19.

 

Crossing a bridge in Cabanatuan city on Oct. 19.Crossing a bridge in Cabanatuan city on Oct. 19.

A flooded street in Cabanatuan city on Oct. 19.A flooded street in Cabanatuan city on Oct. 19.

Thousands of villages have fled their homes, wary of a repeat of previous typhoons. In 2009 more 460 people died from severe flooding and mudslides in the city of Baguio and other parts of northwestern Luzon. That’s when Typhoon Parma (known locally at Typhoon Pepeng) dumped 1,854 milliliters (73 inches) on the area.

Baguio, a high-elevation city of about 320,000, is getting especially walloped. As of earlyMonday (Oct. 19) morning, it had received 208.3 millimeters (8.2 inches) of rainfall, with 610 millimeters more possible in the coming days, even as the storm is weakening.

Some 15 to 20 million people live in the area of northern Luzon north of Manila, many of them in cities with steep hillsides or flood-prone rivers, and in some cases both. Many roads have already been flooded, and millions of people have suffered power outages.

Floods in Manila, one of the world’s most densely populated cities, are also a worry. Parts of the capital look oddly naked without road-side billboards, many of which were taken down ahead of the typhoon’s arrival.

Public warning systems have been greatly improved since 2013, when Super Typhoon Haiyan killed more than 6,300 people.

If you need Loan, project funding, Bank Guarantee, SBLC, DLC or Letters of Credit please contact us immediately. 
 
Skype: loanandinvestments


Brokers are paid good commission on each successful transaction so if you want to work for our company as a broker, agent or mandate please contact us for more information.

China’s latest GDP figure is pretty weak, but that doesn’t make it any more believable

Inline image 1

 

China’s National Bureau of Statistics released the country’s third quarter GDP growth rate today, and at 6.9% it was the lowest quarterly growth the country has clocked in more than six years, or since the first quarter of 2009.

Slowing GDP growth is part of China’s transition to a “new normal” of domestic consumption-led growth, and a quarterly number under the annual growth target of 7% was expected by analysts, investors, and governments. What’s interesting about today’s announcement is the open skepticism with which the rest of the world is greeting even this weak figure, which, after all, still beat analysts’ estimates of 6.8%.While China’s government-supported Shanghai Composite Index traded up all morning on the news, after an initial bump most stock indices fellin Japan, South Korea, Hong Kong, Singapore, and Taiwan. After lunch even the Shanghai Composite Index headed south.
Market analysts, journalists, and fund managers took to social media, news outlets, and issued reports questioning the figures.
As one analyst from London’s IG Group, a spread betting firm, writes:
The 6.9% Q3 GDP print really just makes one question the veracity of both the Q2 and Q3 numbers. It’s hard to be overly optimistic about the headline number, especially given the range of other data released today.

A policy researcher for NSBO, the Beijing research house, told Reuters:

The GDP beat is surprising, given that the monthly FAI and industrial production figures slowed considerably, and much faster than expected.

The data would suggest that retail sales is holding up the data and there are other areas that the government is factoring in consumption and services data that are not picked up in the monthly figures.

An economist from Capital Economics said figures were overstating growth by a “wide margin” and explained (via the Wall Street Journal):

The continued stability of the official GDP figures will further cement concerns over their credibility. Flaws with how the GDP deflator is calculated, along with political pressure to meet growth targets that have become increasingly at risk, have meant that official growth rates have not slowed nearly as quickly as most third party measures of growth in recent years.

Others were less circumspect, like this economics professor:

China has long been accused of massaging its official economic numbers, and particularly its GDP figures, in order to hit pre-announced growth targets. But the number of outside observers in the finance industry who are questioning the figures has been growing in recent quarters, as the country’s slowdown increases.

Along with GDP, China released data on “nominal GDP”—which adjusts GDP to strip out the effects of inflation— and industrial production. Here figures were downright bad, with nominal GDP growing 6.2%, and industrial production growing 5.7% in September, missing analysts estimates of 6%.

If you need Loan, project funding, Bank Guarantee, SBLC, DLC or Letters of Credit please contact us immediately. 
 
Skype: loanandinvestments


Brokers are paid good commission on each successful transaction so if you want to work for our company as a broker, agent or mandate please contact us for more information.

Tunisia exports the highest number of ISIL fighters of any country in the world

Tunisia is where the Arab Spring began. And of all the countries enveloped in the revolutions that followed, it is the only one where hopes of a democratic future remain strong. Just last week, the Nobel committee awarded the Tunisia’s National Dialogue Quartet this year’s peace prize, commending the group for “decisive contribution to the building of a pluralistic democracy in Tunisia in the wake of the Jasmine Revolution of 2011.”

But the forces of democracy in the country are being challenged by darker elements in their midst. Tunisia has been troubled by repeated terror attacks this year, and is now believed to contribute the highest number of fighters for Islamist terror group ISIL.

According to the latest data from the US House Homeland Security Committee, of the 25,000 fighters thought to be working for ISIL in Iraq and Syria, 5000 are Tunisian.

The government sees ideological militancy among its citizens as an issue of national concern. “The fight against terrorism is a national responsibility,” Habib Essid, the country’s prime minister said after a local beach resort was attacked by a gunman in June. “We are at war against terrorism which represents a serious danger to national unity during this delicate period that the nation is going through.”

This delicate period, while it has opened up the democratic space, has not eased the economic challenges the country is facing, which analysts say has created an opening for ISIL to exploit.

Four years after the revolution Tunisia’s economy is contracting. After 2.3% growth in 2014, the World Bank and IMF project GDP growth for this year at a measly 1%. Overall unemployment is at 15.2%. And for university graduates, unemployment is even worse at a staggering 34%, estimates the African Development Bank (AfDB).

All these factors have created deep disillusionment about post-revolutionary Tunisia. And ISIL recruiters have exploited this air of dissatisfaction to devastating effect, luring young people to their cause. They offer monthly salaries of up $2,000 and the promise of a life of meaning, fighting to correct injustice as epitomized by the Bashar Assad regime in Syria. Where jobs are scarce and those who can find them earn meager wages of $100 a month, what ISIL is offering has proved to be a compelling alternative.

If you need Loan, project funding, Bank Guarantee, SBLC, DLC or Letters of Credit please contact us immediately. 
 
Skype: loanandinvestments


Brokers are paid good commission on each successful transaction so if you want to work for our company as a broker, agent or mandate please contact us for more information.