TNT:

Tishwash:  An Iraqi - American memorandum of understanding regarding banks

The Iraqi Private Banks Association concluded, on Saturday, a memorandum of understanding with the American Information Systems Audit and Control Association, related to governance, security and auditing of information technology.  

The association stated in a statement received by "Nass", a copy of which (November 14, 2020), that it "signed with the Information Systems Audit and Control Association" ISACA "whose headquarters is in America, a memorandum of understanding to enhance cooperation in the areas of governance, security and auditing of information technology.  

The statement added that "the executive director of the Association of Private Banks, Ali Tariq, and the director of the Iraq branch of the Society for Auditing and Monitoring Global Information Systems, Ali Mustafa, signed a memorandum of understanding in Baghdad in the fields of qualification, training, workshops, consultations, governance and information security," stressing that "this memorandum will help the financial sector achieve Global requirements in the field of information technology, information and cyber security.  

He stressed that "through the Memorandum of Understanding, the process of developing human cadres for workers in the financial sector will take place through training, workshops and awareness programs to adhere to the instructions of the Central Bank of Iraq in the field of compliance with standards and controls of information technology and digital security.  link

Tishwash:  The Al-Kazemi government opens the files of important personalities accused of corruption in the coming weeks

Al-Masalla: The spokesman for the Prime Minister, Ahmed Mulla Talal, revealed, Friday, November 13, 2020, that the Supreme Committee to .investigate major corruption cases, will open in the coming weeks the files of important figures accused of corruption 

Mulla Talal said in a press statement followed by Al Masalla, that the Anti-Corruption Committee has been given great powers, and is concerned with files .that may overthrow the bureaucracy in other institutions, such as the Integrity Commission, without canceling the role of the latter

He added that for two months the committee has been working in complete secrecy and professionalism, and investigative judges have issued arrest .warrants against more than 20 people, including well-known and heavy figures in the state The Prime Minister, Mustafa Al-Kazemi, formed a supreme committee two months ago to investigate major corruption and exceptional crimes cases, with .direct support from the Counter-Terrorism Service   link

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Courtesy of Dinar Guru

Pimpy   ...there's a lot of speculation...that the rate change is in the 2021 budget.  We know that the reform papers or white papers talked about the study of dealing with the rate change but there was nothing set in stone.  They're just talking about it.  Are we anticipating a rate change?  Yes.  

JJimmyJJ   Article:  "Details of the financial deficit financing law in Iraq"  IMO, everything is now done,  and they got it [borrowing law] done in time for the GOI and CBI to roll it out before the end of the month (hopefully this weekend(!)...). 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! 

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Patriot Intel Report

Moved to a New Channel…Rumble

https://rumble.com/vb327r-pir-11-13-20-patriot-intel-report.html

China Begins Taking Down Billionaires In Ambitious New Plan, Now They Want To Tax Working From Home

Nov 13, 2020

China begins changing the way it deals with its wealthy citizens following years of pro business policies and begins taking ira stance against their billionaires.

I was referring to the huge event that was planned a couple weeks ago, the worlds largest IPO ANT was prevented from its IPO and now the country says its going to start digging in to these Fintech monopolies just like ANT. Jack Ma is one if the nations wealthiest businessmen due to Alibaba which at one point raked in 1/5 of all consumer goods sold in China.

In a nation where anything that compromises the total authority of government is regarded as a sin the system lends its self to preying on billionaires who gain to much power and influence.

This brings us to our main point which is the systemic error inherent is these anti-growth policies. Everyone is ok when it's someone else paying the highest taxes but what happens if you have an idea and it begins selling a lot and you get rich, now its time to pay your fair share.

There's also the article from Deutsche Bank suggesting that businesses should start taxing their employees for the benefits from working from home. They talked about how the employees were saving money so they really wouldn't mind an extra 5% off their pay.

Their audience listens though their point is a little callused during a recession.

https://youtu.be/qjLta9GSs4U?t=3