Frank26 CC Replay and KTFA Members "News and Views" 9-17-19

KTFA:

4short5:   How much dinar does Iran hold?  Could this be the reason they attacked the Saudi oil refinery to drive up the price of the dinar and bail out their own economy?  Sly like a fox.

Ikaika:  Ahh, but did Iran “ officially” send the drones to Saudi, or .... were they sent by others “   impersonating”official Iran actions.... from Southern Iraq ... umn ....

Cornhusker:   Think you are right ….deep state wants a war that will bail out their banks .

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Frank26 Monday KTFA CC 9-16-19

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https://fccdl.in/me0zGaZvaZ

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Samson:  The theory of stages of economic growth and Iraq prohibited from starting

17th September, 2019 by Dr.. Emad Abdul Latif Salem

Walt Whitman Rostow's theory of economic growth phases is to identify specific stages of economic growth in different countries, each with specific characteristics. These stages are:

1. The Traditional Society

2. Preparation phase for the Perquisites for Take-off

3. The Take-off Period

4. Stage of maturity Move Towards Maturity

5. High Mass Consumption

So when do we "take off" and "take off"?

Why don't you go, and take off from what you are in it?

What is missing?

Why don't you "go" and "take off"?    LINK

Iobey777:   ANOTHER PIECE ASKING THE QUESTION OF "WHEN?" AND WHY NOT NOW?  SEEMS TO ME THAT EVERYONE IS GETTING TIRED OF IRAQ'S COMPLACENCY AND NOT COMPLETING WHAT THEY NEED TO FINISH! IMO! IT'S WAY PAST TIME FOR THEM TO PUT UP THE NEW RATE AND MOVE THEIR COUNTRY INTO A NEW REALM OF PROGRESS!!!

Don961:  Abdul-Mahdi will visit three cities .. and sign historic agreements

Monday, September 16, 2019

Chinese Ambassador to Iraq Zhang Tao
Baghdad / morning 

Prime Minister Adel Abdul-Mahdi heads a high-level government delegation to China on Thursday for an official visit, which observers described as historic and important, especially as it coincides with the celebrations of the 70th anniversary of the founding of the Republic of China.

The Chinese Ambassador to Iraq Zhang Tao predicted that the coming year 2020 will be the "Year of Reconstruction of Iraq", indicating his country's aspiration to participate strongly to achieve the expected historical renaissance, stressing that Iraq is a key partner for Iraq. China is in the idea of a giant global "Belt and Road" initiative. 

In an exclusive interview with Al-Sabah, Ambassador Tao disclosed the most important and important stations of the visit and the economic, technological, security and cultural agreements that the two sides will sign, especially the framework agreement with the Chinese company "Sancho", which will provide more than 10 billion dollars for the reconstruction of Iraq.

As well as follow-up China's contribution to solve the electricity crisis through the establishment of four huge power plants in Baghdad and the provinces, and Tao that the agreements to be signed by the Prime Minister will also include the establishment of an electronic library at the University of Baghdad and the training of Iraqi cadres by experts "Huawei" leading in the For agreements and communications technology in the construction of residential complexes, hospitals, reform of the soil and agriculture and to achieve security cooperation and coordination between the two countries and dozens of agreements.  Read full post here:  link

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SamsonAbdul Mahdi soon to the United States

2019/17/09 18:59

The adviser to Prime Minister Abdul Hussein al-Hanin on Tuesday, the most important agenda of Prime Minister Adel Abdul-Mahdi's visit to the Republic of China, which begins next Thursday, stressing that the next direction will be towards the United States to sign contracts after Iraq opened doors with Neighborhood and brothers.

"The prime minister will go to China on Thursday at the head of a large delegation, which has clear economic features, including ministers, advisers and 16 governors," Al-Hanin said in a press statement.

He added that "the program of the next visit and economic files, carried by the Prime Minister include major projects in roads and transport, services, education, health and other," pointing out that "the Iraqi and Chinese sides have prepared well for the visit in the past months, through continuous meetings with major Chinese companies And complete the funding model through the Iraq-China Joint Reconstruction Fund."

Al-Hunain said that "the visit will be signed during the visit major contracts and agreements in the sectors of industry and agriculture, building schools, hospitals, housing, roads, trains and bridges," returned the visit "falls within the philosophy of the Prime Minister in opening up to the world, and that Iraq is a friend of all, and an influential factor in the world, It is a bridge between all the countries of the world."

He stressed that "China will not be the last in this deal, there is a large trend towards the United States of America to sign major contracts ready with US companies, in addition to Iraq opened its doors to its neighbors to work and invest in it, and top of these countries Saudi Arabia, Iran, Turkey and Qatar Egypt and the rest of the Gulf states."     LINK

MilitiaMan:  This is no coincidence. The meeting with China and USA is same day too.. ~ MM

Titus2mom4:  Oh wow, so we must be pretty much done and ready to go to the banks! IMO!!! Wow!!

Iobey777:   WOW!!!! A DOUBLE DUTY TRIP THIS THURSDAY!!!! SOUNDS LIKE THURSDAY MAY BE **HISTORICAL**  IMO!!!

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Samson:  Moody's downgrades Hong Kong's outlook as protests continue

16th September, 2019

Downgraded agency "Moody's" credit rating outlook for "Hong Kong" to negative from stable with continued strong protests in the country

Fitch downgraded Hong Kong's credit rating for the first time since 1995, at AA instead of the previous AA rating

Moody's said in a statement on Monday that the decision to change the outlook for Hong Kong to negative signals raises growing concern about the transformation, despite recent steps taken by the Hong Kong government to accommodate some of the demands of the demonstrators

The longer the stand-off between protesters and the government, the greater the risk of Hong Kong becoming less attractive as a global economic and financial hub

However, the agency confirmed Hong Kong's credit rating at (Aa2), citing "strong financial stores, with a lower burden of government debt and ample foreign exchange reserves

Hong Kong is likely to be downgraded if the government's policy fails to end the protests, the agency said   LINK

SamsonChina, US to hold round of trade talks

17th September, 2019

The United States and China will begin deputy trade talks this week in Washington to pave the way for high-level talks next month

The spokesman for the US Trade Representative, said on Tuesday, the two countries intend to hold talks on Thursday, without giving further details

Previously, trade talks at the lower house level were led by a spokesman for the Chinese minister of commerce

The United States decided last week to postpone the application of additional tariffs on Chinese products worth 250 billion dollars for two weeks, to be applied in the middle of next month

China also decided to exclude 16 US products from the tariff list for a year, and announced its intention to remove some US agricultural products such as soybeans and pork from the tariff list   LINK

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Samson:  The Fed plans to inject $ 75 billion into the financial system

17th September, 2019

The Federal Reserve said it would inject $ 75 billion into the financial system to stem a sharp rise in short-term financing costs in the United States

The Federal Reserve Bank of New York, which is conducting market operations for the US central bank, said on Tuesday it would launch a repurchase of securities to help keep the federal funds rate within the target range of 2 to 2.25 per cent

The cost of borrowing cash for the sale of US Treasury bonds overnight using repurchase agreements rose to 10 per cent, according to the data

This has raised the effective interest rate on federal funds to 2.25 per cent, higher than the Federal Reserve's target of 2 to 2.25 per cent

The bank said the operation would be conducted at a total of $ 75 billion, and talk of federal intervention has brought the repo rate back to zero, according to the Financial Times

Repurchases are a way for borrowers to raise short-term financing by agreeing to buy and sell securities over very short time frames   LINK

 

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