More News, Rumors and Opinions Thursday Afternoon 11-12-2020
TNT:
Thursday UPDATE for November 12, 2020
From Iraq
The election law, which was passed last week, was ratified today and signed by President Saleh. This was in the newspapers. It is expected within a week to see the borrowing law also signed and ratified and in gazette with salaries being paid the next two days.
Iran on TV saying they are deleting zeros from their new currency to help their situation
Iraq announces Sunday as day to launch salaries for employees and retirees.
************
BigLou423: Has anyone realized that tomorrow is FRIDAY the 13th? Lucky 13 I say cmon RV!
Cutebwoy: Iran begins deleting zeros from its currency and a new banknote
12/11/2020
The Central Bank of the Islamic Republic of Iran issued a new banknote of 100,000 riyals (equivalent to ten thousand tomans), where 4 zeros were printed in a light color in preparation for removing these zeros from the currency, as well as the number 10 drawer at the two sides at the bottom of the paper Cash.
Fars News Agency reported that the Central Bank of Iran recently issued a new banknote in the denomination of 100,000 riyals (10 thousand tomans), as it contained some differences with the paper currencies of this currently widespread category.
The most important of these changes is the printing of 4 zeros of the five zeros in a light color, in preparation for deleting the four zeros from Iranian currencies.
The number 10 is also included on the left and right sides of the banknote. As well as behind the banknote.
Iran begins deleting zeros from its currency and a new banknote
**************
Tishwash: Iraq and the bleeding of hard currency .. Deputy talks about two reasons that allow it to leak abroad
A member of the Economy and Investment Committee in Parliament, Nada Shaker Jawdat, called today, Thursday, to enhance the .confidence of capital owners in Iraqi banks, while proposing a mechanism to achieve huge financial revenues for the state treasury
Nada Shaker Jawdat said, in an interview with (Baghdad Today), that “Iraqi capitalists do not secure their money in Iraqi banks, and put it in Arab or foreign banks,” indicating that “the Jordanian economy flourished during the period of transferring Iraqi funds to Jordanian banks before The fall of the former regime, and now it also revived thanks to the money that fled Iraq and was stored in " .those banks
Jawdat added, "What is happening in a currency auction is a serious issue, and it needs a serious pause to stop the process of depleting hard currency," explaining that "the government had imposed a 7% tax on the financial value that comes out of the auction, . ".there would be huge revenues for the state She drew a member of the Economy and Investment Committee in the House of Representatives, that "Iraq is forced to import because its economy is destroyed, and there are not enough local products that we can rely on to close the door of import."
In order to prevent " .entry to the importer, as well as to keep hard currency from depletion .Earlier on Thursday, Jawdat indicated 4 challenges facing foreign investment inside Iraq Nada Shaker Jawdat said, in an interview with (Baghdad Today), that "investment is very important to support the economy of Iraq, which is currently suffering from severe crises," noting that "capital is cowardly, and it cannot venture into entering an environment that suffers from 4 important challenges,"
The state of political and security instability at the same time, in addition to uncontrolled weapons and weak security control, not to mention the situation of the banking system and the presence of cases of blackmail during .the proceeding of investment projects that make many investors alienate
A member of the Economic Committee in the House of Representatives stressed the necessity of "creating transparency in dealing with ." investors, preventing extortion and giving support and securing projects." Industries link
KTFA:
Article: Details of the financial deficit financing law in Iraq
AZPatryot: Still 1182...it seems as though a real or new rate would be a part of this for prosperity reasons would if not? What’s the point of educating the citizens if it’s just going to remain the same?
DeepWoodz: Imo.... So they didn’t show the new rate in this set of papers, doesn’t matter. These are not the white papers and no one is going to beat the CBI to the punch.
JJimmyJJ: What has been the mantra for years? The CBI is in control of the rate! They certainly aren't going to allow the den of thieves known as the Iraqi parliament to make the announcement!
The GOI and the CBI needed this law passed so they had this piece of the plan in place (the IMF and Fab 4 were requiring it to allow them to borrow any more money from outside Iraq). IMO.
IMO, this law was the starting pistol, but it is up to the GOI &CBI to start running.
Also, it had always been said that the rate change would be seen in the CBI site and forex first, and that it was likely to come out on a weekend when the banks were closed.
IMO, everything is now done, and they got it done in time for the GOI and CBI to roll it out before the end of the month (hopefully this weekend(!), but what do I know?).
The important thing, I think, is that it is done and the fab 4 are happy, that there is a sense of urgency sufficiently strong to get them to do something unprecedented, and that now the announcement can be made per their schedule.
This is a glorious day!
JodysAngel: The Borrowing Law has to be signed by the President and put in the Gazette before the rate change can take effect.. That is the next step Frank and Eddie was talking about that would happen between the 14th and 21st. We hope it Should happen next week. IMO
*************
Charlie Ward Update 11-12-2020 Q&A Webinar
Things are going very well behind the scenes……..
At about minute 9:00:
Charles Ward: I hear the RV has started……and that Friday the 13th will be very lucky for everybody.
Q: When will Covid go away?
CW: its a cover for the Global reset of currencies…….should be soon. Then i expect Nesara and Gesara to be implemented.
At about minute 20:00: Much more on the RV, Iraq dinar, Viatamese dong, Zimbabwe Zim…., and more
https://www.bitchute.com/channel/pqlCrTAephy6/
https://drcharlieward.com/live-election-update-and-q-a-webinar-11-12-2020/