Frank26 Video "Q&A at Pearl Harbor" and more Saturday Night 2-22-2020
KTFA:
Frank26: 2-22-20. Q&A AT PEARL HARBOR
THIS IS ALL IN FRANK'S OPINION
Saturday Night Q&A
Don961: I served in Iraq ... Trump plans to appoint a security advisor of Arab descent
Arab and International 02/22/2020 10:43 326 Editor: ha
Baghdad today - follow up
The US CNN reported on Saturday (February 22, 2020) that US President Donald Trump is planning to appoint a local official in the state of Florida who served in Iraq and Afghanistan as a security advisor.
The network reported, "Julia Nshiwat, who is in Florida who is responsible for dealing with natural disasters, will replace Adm. Peter Brown, the head of the Coast Guard, who took over as President's Homeland Security advisor about six months ago."
In its new role, Nshiwat will protect the United States from terrorist threats, reinforce protection from cyber attacks, and respond to natural disasters.
She had worked for the US State Department during Trump's term, and the office of the director of national intelligence in the administration of former President George W. Bush.
Nishiwat, of Jordanian origin, is a former intelligence officer in the army, has served in Afghanistan and Iraq, and during her work she has directed a senior operations officer for terrorist network assessments in Asia and the Middle East.
And Trump's decision to raise the position of homeland security advisor to the same position occupied by the President's National Security Adviser Robert O'Brien, with whom Nichiwat worked for the State Department.
And Jordanian media said that "Nshiyat belongs to a clan that lives in the city of Salt (central of the Kingdom), and that she speaks Arabic fluently despite her origins in the United States." LINK
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2Cents: WE have been discussing the following:
Our understanding.......Frank's teams have reported that the Fab 4 has been unhappy with the failure of the CBI to make the "Article 2 speech" on two different occasions over the last few weeks.
They have been given 30 days from the seating of the government to stop the currency sales of the USD for conducting business in the country which would require official Article VIII acceptance.
It does not seem logical to be unhappy on one hand for failure to act, but yet, give 30 days after the government seated. The Fab 4 obviously, by the reports given, expected action of some sort notwithstanding the fact that the government is not passed.
That being said, are we clearly now looking for two very distinct events separated by as much as 30 days after government seated, RD/RV ------->RI just as WS posted so long ago?
If so, could we expect the RD/RV just prior, during or just after Allawi getting a vote of confidence and prior to the 1/12 system of disbursements being made Tuesday to the Kurds?? Could the "30 day" timeframe be referring to the RI allowing the new government to complete something specific to allow the IMF to report Iraq as accepting Article VIII obligations??
Time will tell but IMO, all should be thinking of their game plan if RD/RV occurs absent the RI......
I would love, but certainly do not expect, a short WS reply as to the above....
If there is any construed opinion here, please accept as IMO
Hammy14: 2cents, in the YouTube video yesterday, Frank was talking about the tellers getting trained by someone other than Iraq. I believe he referred to these trainers as an international group of some sort, although he didn’t give their name, he did say this move “guarantees” they are reinstating their currency. Just as we have suspected all along, IMO.
2Cents: Hey Hammy.........I agree that they must be reinstating at some point soon and by reports, within 30 days of new government seating.......What I am trying to point out is that we may very well see the RD/RV well before........Just trying to point this out for the "family" so all are thinking of their game plan if that occurs. I am not saying that it might not happen simultaneously within the "30 days" but am trying to have all think what they plan to do if not......
Don961: International Monetary is assessing his advice to emerging markets
Saturday 22nd February 2020
Capitals / Follow-up
How can we make capital flows safer for emerging market economies? Finding the right answer to this question is crucial to financial stability, growth, and jobs.
"It states that the fund is reassessing the advice it was giving to emerging markets and how they fit into the current situation," the International Monetary Fund director "Cristalina Georgievia" wrote an article for the Financial Times.
"Emerging markets benefit from an abundance of external capital, which can be used to fund new ideas and critical infrastructure," she says. But emerging markets also face episodes of large fluctuations in capital flows, which can harm financial stability and the outlook for companies and households. Addressing capital fluctuations can be a daunting task, because there is not much consensus on the right mix of economic policy measures and timing.
Looking at the 2018 episode of capital outflows from emerging markets, we find that Brazil and Malaysia actually interfered in foreign exchange markets to support their currencies, while Colombia and South Africa barely interfered in the exchange rate, while some central banks raised interest rates while others He did not.
Heavy intervention often mitigates currency losses, but not always.
All this raises questions, including for the International Monetary Fund, so we rethink and update our advice to member states
The goal since then is to provide country-specific advice on the appropriate mix of policies needed to maintain financial growth and stability. The new IMF’s “Integrated Policy Framework” will reassess the costs and benefits of four instruments - monetary policy, macro prudential policy, exchange rate interventions, and capital flow measures - to help stabilize economies vulnerable to domestic and external shocks. More importantly, the integrated aspect of the new framework will explain how these tools interact with each other and with country conditions.
The current framework of the International Monetary Fund, based on more traditional economic thinking, directed members broadly towards the use of the exchange rate to absorb shocks, and this approach provides a good convergence of how advanced economies adapt to external shocks and exchange rate movements.
But the current approach can ignore the important characteristics of emerging markets that change their economies ’response to external shocks, and may require a different recipe.
A recent study indicates that although emerging markets are deeply integrated into global trade, their trade is invoiced disproportionately in dollars, and therefore flexible exchange rates provide limited isolation. LINK
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Don961: The effects of Corona virus on the Iraqi economy
THURSDAY, 20-02-2020, PM 4:47 KARAR AL-ASADI
Written by: Baqir Jabr Al-Zubaidi
The global economy is witnessing a sharp negative decline in the effects on the global economy exceeding $ 1.5 trillion in early March, while gold prices have risen significantly as a safe haven in the fever of conflicting stocks and global currency prices, while oil prices witness fluctuations and expectations of its decline as a result of the economic recession that the world will live in the future.
With the work of the resigned government continuing, the Iraqi market is witnessing a severe recession for internal and external reasons, foremost of which is the Corona epidemic.
The reassured brothers reassured employees and retirees that the salaries were insured for the current year and the coming years, and there was no need for unjustified panic and not listening to malicious rumors.
That the Iraqi dinar retains its value with the presence of the financial reserve in the central bank, which has witnessed growth exceeding $ 70 billion, knowing that the central bank reserve called "reserve generations" can protect the stability of the Iraqi dinar price until the coming years.
We call on the government in charge to form a specialized working group to study the negative effects of Corona virus on the Iraqi economy and develop scientific and practical solutions, to face the recession in the Iraqi market, develop plans and study a solution to the "dilemma of high unemployment" and stimulate investment and benefit from the experiences of the International Monetary Fund to reformulate the provisions of the budget in 2020 . LINK