Frank, Eddie and KTFA Members Monday Afternoon 5-24-2021

KTFA:

Clare: INCOMING REPORT FROM EDDIE:

Eddie:  Wow Mr Frank Erbil and Baghdad budget agreement will be implemented!!!!

Frank26:  I know Eddie we saw those three days ago and I’m rather excited because in my opinion I believe this is related to the monetary reform as well because Kurdistan did not want any more delays

Eddie: Mr. Frank you were right about the 20th and we are kind of excited here especially with disagreement on the budget because it seems like the Kurds we’re pushing for the HCL

Frank26: Yes Eddie and I told you everything waits for the new exchange rate but I think the waiting is coming to an end

Eddie Mr. Frank this is our oil and gas deal our HCL isn’t it

Frank26:  Yes Eddie and the next thing you will receive is purchasing power in your currency oh and by the way stop and think about it Iraq central bank has added a ridiculous amount of gold and other assets to back up their currency and it’s rather insulting to think that this mountain of gold is for a stupid program rate

The Kurds is what we were looking for but I also want you to take note China is not as stupid as they are cruel to see them pour in billions to get oil from your country because they cannot get it from Iran is only going to make your Country very rich and that’s just one of the endless countries that are coming into your economic reform and all because the monetary reform was done correctly properly and Proficiently with the Fab four and the whole international world knows this and loves it

Take care Eddie and yes the governor of the CBI on the 20th completed everything

Eddie Good night Mr. Frank we will report tomorrow

Frank26:   END...FRANK26

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Samson:  Their demands have not been fulfilled ... The demonstrators in Baghdad are preparing to take to the streets again

24th May, 2021

A correspondent of Mawazine News stated, on Monday, that protest activists and coordinators in the country are gathering for "large" demonstrations, which are scheduled to start tomorrow in the capital, Baghdad.

Our correspondent said, "The activists and coordinators have been gathering for days to hold a large demonstration in Baghdad on Tuesday, and they considered this demonstration a renewal in the protest movement that began on October 1, 2019."

He added, "The protesters have identified three points for the demonstration, which are the Al-Firdaws, Al-Tahrir and Al-Nisour squares in the capital, Baghdad."     LINK

Jerry1971:  ITS A GOOD PRESSURE TACTICS FROM THE IRAQI CITIZENS ON THEIR GOVT AND CORRUPT POLITICIANS WHO HAVE NO FEELING OR CONSIDERATION FOR THEIR CITIZENS INTERESTING WEEK THOUGH HCL IS ON THE CARDS FOR APPROVAL BETWEEN KURDS AND BAGHDAD BY THIS WEEK END THESE PROTESTS WILL KEEP THE GOVT AND PARLIAMENT ON THEIR TOES TO GET THE REQUIRED LAWS PASSED URGENTLY FOR THE ECONOMIC AND FINANCIAL REFORMS TO TAKE PLACE IMO.   

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Samson:  Member of Parliamentary Finance: Parliament intends to question five ministers

05/24/2021 11:57:52

A member of the Parliamentary Finance Committee said that the House of Representatives intends to question five ministers.

 In a press statement, Jamal Cougar said, "Five ministers are scheduled to be questioned during the upcoming parliamentary sessions, according to the words of Parliament Speaker Muhammad al-Halbousi," explaining that "the ministers are electricity, finance, agriculture, industry, planning or higher education."

And that "among the axes of the questioning of the Minister of Finance under the dome of Parliament is related to the Central Bank of Iraq, as well as the exchange rate of the dollar against the dinar, as well as the large general budget number, in addition to the issue of neglecting their contracts breached." And the Iraqi Ministry of Finance confirmed earlier, that the 2021 budget did not include any allocations for those whose contracts were canceled.

Earlier, a number of deputies close to the crowd indicated that the return of those whose contracts had been canceled from the popular crowd to service was included in the 2021 budget, with two signs to confirm the clause of adding 30,000 job degrees to return their contracts with canceled members of the Popular Mobilization Forces.

It is noteworthy that the Central Bank of Iraq has resorted to reducing the price of the dinar against the dollar, in order to reduce the deficit in the federal budget for the year 2021, but with the rise in oil prices, expectations have spread about raising the exchange rate of the dinar against the dollar again.

LINK

Jerry1971:  THANK YOU SAMSON! ... THIS INFORMATION HAS ALSO BEEN WHAT WS & FRANK HAVE SHARED WITH US ON THE CC'S....imo

THE KURDS ARE NOT GOING TO LEAVE MONEY ON THE TABLE WITH AN INCREASE IN OIL PRICES FROM THE BUDGET PRICE OF OIL (RECALCULATE)... AND  MAYBE THE PERCENTAGE TO THE CITIZENS IS ALSO BEING RECALCULATED TO INCREASE ..WHO KNOWS... BUT WS & FRANK TOLD US THERE ARE MANY PARTS TO THE HCL... 
IF ADJUSTMENTS AND FINISHING TOUCHES ARE GOING ON NOW ...THINGS ARE BEING WRAPPED UP IN SHORT ORDER.. IMO….AND AFTER FRANK & EDDIE’S REPORT LAST NIGHT! Boom!!

Samson:  Karbala: Overthrowing "corrupt" government employees and drug dealers

24th May, 2021

A security source in Karbala stated, on Monday, that government employees "corrupt" were arrested in a real estate department, as the provincial police overthrew a network specialized in drug trafficking in possession of more than 2000 pills.  

The source told Shafaq News that a team from the Integrity Investigations Office in Karbala governorate, accompanied by a security force, raided, today, the Real Estate Registration Department and arrested a number of employees accused of taking bribes from the auditors after receiving numerous complaints against them.

Also in the governorate, the detachments of the Department of Narcotics and Psychotropic Substances managed to arrest a gang specialized in drug trafficking, consisting of three people intending to trade these pills inside the city, according to a statement issued by the Karbala police and received by Shafaq News.

According to the statement, the detachments of the Narcotics Affairs Department monitored the three persons and tracked their movements until they were seized in possession of a large quantity of 2432 narcotic pills, indicating that they were seized according to a seizure report. The statement indicated that the three persons confessed to trading in narcotic substances, bringing them from outside the governorate and selling them inside Karbala, confirming their referral to the judiciary. LINK

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Don961:  The US Central Bank is intensifying its efforts to explore a digital version of the dollar

67 Economie 05/24/2021 21:04 mum Baghdad Today- Follow up

US Federal Reserve member Lyle Brainard said on Monday that the US central bank is stepping up efforts to explore the potential development of a digital version of the dollar.

This came at a time when an increasing number of consumers are using digital payments and while other governments are moving forward with issuing digital currencies.

As the world's largest holder of reserve currency, Brainard added, the United States should be actively involved as digital payments become more common and other countries develop digital currencies that can be used to send money across borders.

She stated that the Federal Reserve is stepping up its research and public participation on a digital version of the US dollar.

She explained that the central bank must also anticipate changes in consumer trends and ensure that Americans have "safe cash from the central bank" as digital payments become more popular.   link

 

 

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