News, Rumors and Opinions Monday 10-10-2022
KTFA:
Samson: The Central Bank of Iraq obtains an international certificate in cash management
9th October, 2022
Today, Sunday, the Central Bank of Iraq obtained the ISO certificate (ISO9001:2015) related to the quality management system in terms of cash management, issued by TQCS INTERNATIONAL PTY LTD.
The company, which granted the certificate to the Director General of the Issuance and Treasury Department, praised the efforts of the Central Bank of Iraq in implementing international specifications and standards.
It is noteworthy that this certificate is granted every three years to institutions that implement international systems and standards for total quality management and institutional development.
Central Bank of Iraq
Media Office
9 - October – 2022 LINK
Samson: Economist: Political conflicts have lost Iraq's strength in front of investors
9th October, 2022
The economic expert, Hashem Al-Habboubi, considered on Sunday that the loss of many investment opportunities for important and strategic projects was caused by political conflicts and the loss of confidence between them, pointing out that these struggles made Iraq lose its strength in front of investors.
Al-Haboubi said in a statement to "Al-Mawrafa", that "the abhorrent quota system and the loss of confidence between parties and political forces and their struggles over high positions and bodies made the doors open for the corrupt and looted treasury funds allocated to projects, especially infrastructure projects," noting that "infrastructure projects need years of Fixed government funding.
He added that "the loss of many investment opportunities for important and strategic projects is caused by political conflicts and the loss of confidence between them," noting that "these struggles have made Iraq lose its strength in front of investors."
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, had confirmed in a previous statement that the minimum budgets lacked opportunities for economic growth, and deprived Iraq of major strategic projects. LINK
***************
American Patriot:
The QFS has not been fully activated as of this date. There have been some currencies downloaded to the QFS for Alliance purposes, but the full activation will not occur until the Global Currency Reset is completed. There are other conditions that must be met, but as of this date have not been. When they are met, the Zim Redemption and exchange of revalued currencies will take place. The talk about paymasters being paid or any other reported movement of money would only be Fiat currencies and not part of the Gold-Backed QFS currencies. There will be full activation of the QFS when the RV is announced and the protocol for the redemption process is published. Until then, all reports of movement of QFS currency is a figment of someone's controlled mind.
**************
Courtesy of Dinar Guru
Sandy Ingram We have excellent news from Iraq. The ARAP private bank league revealed...the financial statistics of the Iraqi banking sector during the first half of 2022 were favorable because of its strategy adopted by the Central Bank of Iraq. This strategy was put into place to strengthen the public's confidence in the banking sector. This is important because there can be little to no talk of a revalue of currency until the Iraqi people trust the banking system and put their money into the bank and not under the mattress. [Post 1 of 2....stay tuned]
Sandy Ingram The CBI quietly encouraged loans by the private banking system in Iraq and it worked big time! The credit granted to the public during the first half of 2022 reached $2.53 billion U.S dollars at a rate of around 7% interest. Deposits increased around $5.69 billion...bring the total deposits in the banking sector to $73 billion...You see everyone in Iraq is not broke. The assets in banks grew to 112 billion...things are happening in Iraq for the good. This has happened even with the protests, the political crisis and Iraq not being able to form a government... [post 2 of 2]
The Fed Has Made Zero Progress Fighting Inflation - Ep 847
Peter Schiff: 10-9-2022
· Bank of England has Wall Street questioning the Fed.
· Consumers are spending and borrowing more than ever.
· Oil prices rise on OPEC+ production decrease.
· Bitcoin is very close to a major collapse.
· Michael Saylor is harming more investors than Kim Kardashian.
· Bond investors still don’t believe inflation is here to stay.
MARKETS A LOOK AHEAD: World Bank WARNS OF "5th Wave Of Debt Crisis."
By Gregory Mannarino: 10—9-2022