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Trending News: WHITE CHICKS (2004) Full Movie & Commentary | The LRC Watch Party | ComedyIstanbul’s Grand Bazaar Rocked By Fears Over Fake $50 And $100 BillsPutin Says Trump ‘Not Safe’ After Assassination Attempts, Slams Mudslinging Against His FamilyDo Conservative Men ACTUALLY Want To Date Liberal Women? 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Do They REALLY?)Snow White Trailer SMASHED by Lilo and Stitch: Audiences LOVE Non-Woke Preview of Fan Favorite!NY Dem Pitches Secession Where 4 States Would Join Canada to Resist TrumpDems Scold Americans on Thanksgiving: Thank Illegals for Picking Your FoodVaccine injury doctorThe Market Process Is Indivisible and Logically-InterdependentUK police leave X over concerns about ‘misinformation’Nature YouTuber freezes to death in Swedish wilderness during blizzard while hiking, camping soloJACK POSOBIEC: The swatting of Trump nominees is an ‘act of terrorism’The View Ratings COLLAPSE After Election Week: Disney’s ABC Program LOSES as Audience TURNS AWAY!Electric Revenge: Texas Sues BlackRock And Others For ‘Conspiring’ To Quash Coal, Sending Energy Prices Soaring‘Defund The Police’ Activist Charged With Misusing Over $75,000 Donations On Vacations & Shopping SpreesBerlin doctor suspected of killing eight elderly patients: prosecutorsA Message of Thanksgiving To All The Men & DadsThe Great Thanksgiving HoaxWhy Communists Don’t Like ThanksgivingInternational manipulationCable News Ratings MELTDOWN: CNN and MSNBC Views PLUNGE Below Hallmark Channel BEFORE Thanksgiving!Trump Nominates Professor Who Sounded Alarm on COVID Lockdowns—and Was Censored—to Lead NIHDid Trump Just Solve The Border Crisis: Mexican President “Agreed To Stop Migration Through Mexico” Trump ClaimsThe Alex Marlow Show: Kamala Fully Loaded—Harris’s Spirited Return Gets BuzzTrump After Call with Mexico President: ‘She Has Agreed to Stop Migration’THANK YOU For 9K SUBSCRIBERS! 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Breedlove: Gold Will Thrive In A Digital FutureThanks Ladies!Jamaica and the Failure of the Entrepreneurial StateSlovak PM Fico says accepts Putin invitation to join Moscow WWII commemorationWho pulls the stringsBad treatment of doctorsHow The Schoellkopf Power Station Failed CatastrophicallyDenmark to Drastically Reduce FarmlandThe Triggers For & Consequences Of Russia’s Possible Missile Deployment To The Asia-PacificKamala Harris to Supporters: ‘You Have the Same Power that You Did Before November 5’Moana 2 Honest Review: Wish and Lightyear Level Writing Hit a Sequel and Soundtrack to a Legend!Inclusive Sea Shanty. Town forced to go Gay. Toronto Police- Hamas best friends.Hezbollah says launched drones at ‘sensitive military targets’ in Tel AvivTransfer Of Nukes To Ukraine Would Be Tantamount To Attack On Russia: Medvedev
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NewsWare’s Trade Talk: Friday, November 29

NewsWare's Trade Talk: Friday, November 29

S&P Futures are displaying positive action this morning as the markets prepares for a shortened trading session for the last trading day of the month. Solid gains in retail & semiconductor stocks. The Biden administration is considering additional restrictions on the sale of semiconductor equipment and AI memory chips to China, however the expectations are for the restrictions to be less stringent than their previous plan. MSFT is under pressure this morning as the FTC is launching a broad investigation. In Europe, stocks have reversed course and are now trading higher. Oil prices are trading lower, OPEC pushes back its scheduled meeting by 48 hours.

Home for this information is at NewsWare‘s Trade Talk homepage at this link

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Istanbul’s Grand Bazaar Rocked By Fears Over Fake $50 And $100 Bills
Istanbul’s Grand Bazaar Rocked By Fears Over Fake $50 And $100 Bills

Istanbul’s Grand Bazaar Rocked By Fears Over Fake $50 And $100 Bills

Fears of counterfeit $50 and $100 bills have disrupted foreign-exchange trade at Istanbul’s Grand Bazaar, the nation’s largest currency trading gray market.

According to the state-run Anadolu Agency, some bureaus at the bazaar, a hub for currency trading, stopped purchasing the bills, saying the counting machines they use can’t identify the fake notes.

“The number of counterfeit dollars isn’t clear,” Anadolu cited Resat Yilmaz, a tradesman at the Bazaar, as saying. “These bills have to be collected, which can take two weeks.” Money-counting machines also have to be updated, he added.

A representative for currency traders said the disruption has no basis and “there’s no fake currency” in circulation. He blamed banks for what he said was a “clogging” of trading.

“Banks should accept old dollar bills. Currently, no bank is doing that,” Mehti Seren, head of the Association of All Authorized Institutions and Foreign Exchange Offices, said in a press conference. “Clients are then returning the dollars to us. That’s what’s clogging the system.”

The central bank said it’s sent warnings and expert opinions about the fake bills to banking associations.

“The necessary guidance on precautions to be taken regarding the technological infrastructure has been made,” the bank said in a statement. Bill counters, bill checkers and teller machines are being controlled and updated, the Turkish Banks Association said in a separate statement.

The prosecutor’s office in Istanbul launched an investigation, Anadolu said. The counterfeit bills entered Turkey from abroad, Haberturk reported, citing sources it didn’t identify.

Tyler Durden
Sat, 11/30/2024 – 07:35

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