More News, Rumors and Opinions Sunday Afternoon 10-13-19
KTFA:
Don961: Electronic payment .. The key to reform and undermine corruption
Sunday, October 13, 2019
Baghdad / Hussein Thaghb
Renewed calls to confront corruption in a real and effective way through the adoption of advanced technology and used internationally, including what has been adopted locally through the competent companies, which interact with the public, as electronic payment is the most important joints that must be adopted to address corruption and to convey the reality of government performance to a better stage by completing operations electronically, Without having to friction the employee with the beneficiary.
The importance of e-transactions was mentioned in the Prime Minister's speech, and was accepted by a number of economists and specialists, after everyone realized that the adoption of advanced technology is an inevitable necessity to be the seed of economic reform.
Quantum leap
Financial Advisor to the Prime Minister d. The appearance of Mohammed Saleh stressed that "the adoption of advanced electronic payment technology represents a qualitative leap in the advancement of transactions and government performance, as it can benefit from the success of the experience of electronic payment in the financial sector, in other business sectors, especially those involving financial levy, and here can rely on effort Successful localization and employ it to achieve success in this important direction. "
Local voltage
He added that "the work to raise government performance needs to take advantage of technological developments, and here we must pay attention to the local effort on electronic payment, and expand its activity to achieve more than the benefit of the completion of work on time and provide employment opportunities for young people directly to workers in this sector and indirect in sectors Supporting. "
A speech to the Prime Minister on 9 October included the adoption of several measures, including stopping the state at a time that will determine the payment of any amount in paper currency, but identify sukuk and smart card that prevents the manipulation of funds, and encourage those who receive sukuk to open bank accounts to get rid of money laundering and corruption.
Effective performance
In turn, a member of the Baghdad Economic Forum Jassim Al-Aradi said that "the process of economic reform sought by the country requires the adoption of mechanisms for the work of the court is not manipulated, and relying on electronic payment mechanisms that must be adopted in all dealings without the need for friction between the references different institution name This will ensure effective performance, coupled with a calendar control by a particular entity and strong control during the implementation of works or projects or the performance of different institutions.
He pointed out that "the importance of the performance of institutions to be fast and professional away from complexity, and that there is one window with regard to projects and summary transactions and the payment of fees and dues and others through electronic channels, and thus we have already started a new phase of work and put the train on the right track."
The new phase
He pointed out that "the reality of electronic payment in Iraq has developed a lot, and that the Central Bank is aware of the importance of this trend and its positive impact on the economy of the country, and was able to adopt tools to communicate with the community to accept the new phase in dealings and shift towards the electronic community," indicating the importance of cooperation with There is a complementarity between the central instructions and the national performance, especially as Iraq has companies that have achieved international awards at the level of electronic payment.
He pointed out that "the next stage requires that the efforts of all to join forces to move the labor market and provide employment opportunities and the advancement of the national economy, and that everyone put national interests in the first and only choice, especially as the country can provide major employment opportunities to accommodate local and external human resources needed here and there. But this requires an organization and plans and an attractive environment for international investment. " LINK
ChrisC: Just like you said Frank, they want to go to cashless after this early round of bills. I don't care what they go to as long as they change that rate!
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Samson: Trump: Saudi Arabia has agreed to pay for its help
12th October, 2019
Announced US President Donald Trump, Sunday, that the United States will send more troops to Saudi Arabia , which agreed in turn to pay for all the United States is doing to her, pointing out that Saudi Arabia bought the goods US hundreds of billions of dollars, not on Military equipment level only.
"We are sending troops and other things to the Middle East to help Saudi Arabia, and Saudi Arabia, at my request, has agreed to pay us for everything we do, that means creating millions of jobs,'' Trump told reporters, describing Saudi Arabia as a good ally and important player in the Middle East.
Trump's comments follow the Pentagon's announcement on Friday that it plans to send a large number of additional troops and equipment to Saudi Arabia, including air defenses and fighter jets. LINK
Courtesy of Dinar Guru
Francis Albert All countries manipulate their currency. Value lowers when more is printed and value is raised when people have more confidence in the currency, which of course, has many factors affecting confidence. Well, if it goes on FOREX higher than the present rate, it will IMO trade up to $3.00 range fast...just not as dramatic as a classic RV. And I believe that is the scenario we'll see. Could be wrong, but don't think I am.
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Mike Maloney
End of the Everything Bubble - Mike Maloney & Chris Martenson (Part 1 of 3) https://youtu.be/l7FoP0T9jes?t=5
Silver & Gold as Portfolio Core...But What Else? Mike Maloney and Chris Martenson (Part 2 of 3) https://youtu.be/PpcQDFRGpB4?t=2
Political Purgatory vs Economic Reason - Mike Maloney & Chris Martenson (Part 3 of 3) https://youtu.be/nGOiU5LE3uQ?t=2
An Enormous, Bright Orange Full Hunter's Moon Will Light Up The Night Sky On October 13
Be sure to take a peek at the night sky this weekend as the Moon will appear gorgeously lit from dusk till dawn.
If you notice the moon to be larger and unusually orange in color on October 13, don't be alarmed as this is a natural phenomenon called the 'Hunter's moon.'
According to NASA, it will reach its peak at 5.08 pm EDT on Sunday afternoon, October 13, 2019. The upcoming full moon will appear to be in a larger shape and perfect circle for roughly three days as opposed to one. Beginning from Saturday morning, Hunter's moon will be visible until Tuesday morning.
Now, the 'normal' full moon usually occurs once a month when the Earth is positioned directly between the sun and the moon and during this, the earth completely blocks away direct sunlight from reaching the surface of the moon.
The only source of light the moon receives is reflected from its surface and refracted by our planet, thus appearing reddish in color. Be sure to take a peek at the sky during this time will appear gorgeously lit from dusk till dawn.
Speaking to Country Living, an astronomer at the Royal Observatory Greenwich, Tania de Sales Marques said, "The October full moon will happen on the 13th and is known as the Hunter's Moon. The Moon will rise just after sunset, at 18:35 and will be highest in the sky around midnight, so if you go for a walk after dinner and the skies are clear, face south and you should be able to spot a beautiful full moon."
According to Farmer's Atlantic, the term 'Hunter's Moon' is directly related to the Harvest Moon that helps with hunting. It's believed that hunters could easily spot fattened deers and other creatures who usually came out to glean at the recently reaped fields by harvesters under the Harvest Moon, hence the name.