News, Rumors and Opinions Sunday AM 1-19-2020
TNT:
CharlieOK: Lots of things are more clear now with the passage of time. How was monetary reform going to happen with the crooked CBI guys having their hands in the cookie jar? How many are still there? Why is Maliki allowed to stay in the country?
This is the most perfect storm I've seen since I've been in this. Our troops are there to stop Iran war crimes; crooked CBI guys outed; demonstrations not going away; parliament knows the populace represented by the demonstrators won't tolerate an Iran guy being PM or any other important office.
Crooked pro-Iranian politicians running for cover, with less power to steal the money; legally appointed government is now functioning;. Do it.
Tishwash: Urgent: Our correspondent: Representatives attending a "few" session today and news of a legislative holiday without announced
Al-Akhbariya's correspondent within the parliament confirmed that the number of parliamentary attendance at today's meeting is very few and did not exceed 70, "noting that there is news that the legislative holiday has started without being announced."
Our correspondent said, "The number of members of the House of Representatives did not exceed 70," stressing that "the few attendees came because of the presence of a number of members outside Baghdad."
He pointed out that "there is news about the start of the legislative holiday without announcing it."
It is noteworthy that the House of Representatives is scheduled to hold, today, Sunday, a session to discuss a number of laws and important issues. link
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Tishwash: The central bank decides to stop working with electronic payment companies accused of money laundering
The Prevention Department at the Integrity Commission revealed, on Sunday January 19, 2020, its report regarding the resettlement of the salaries of state employees and contracting with electronic payment companies, calling on the Central Bank not to grant a license to these companies until .after verification of the availability of all requirements, especially with regard to Managing anti-money laundering and terrorist financing operations
The Integrity Commission said in a statement received to the obelisk, that "the department, in its report on the visits made by its team to the central bank and the Rafidain and Al-Rasheed banks, recommended the central bank to stop the licensing work and cancel it against companies that prove their default based .on its powers stipulated in the payment services system Electronic No. (3 of 2014), after which the competent authority in the subject of electronic payment
The report, a copy of which was sent to the General Secretariat of the Council of Ministers and the Parliamentary and Integrity Committees and the offices of the Minister of Finance and the Governor of the Central Bank, according to the statement,
“The central bank obliges banks to provide customers with IBAN numbers as the localization account is an ongoing account to complete withdrawals and deposits and to remain On the same account after referring the employee to retirement, "explaining that" it is the responsibility of the Banking Control Department at the Central Bank to provide the money laundering office " .with suspicion reports regarding money laundering and terrorist financing, so that the office in turn takes the necessary measures
And the report monitored, “The Ministries of Education and Interior did not implement the content of Cabinet Resolution No. (281 of 2018) which included the employee’s right to choose a bank accredited to the Central Bank in the process of localizing salaries after circulating offers of not less than (10) banks " .operating in the Emiratization system, calling The General Secretariat of the Council of Ministers to confirm the ministries need to adhere to this
The report point "non - banks commitment associated with the National Palmksm instructions of central bank for increasing the number of ATM ( the ATM ) and the provision of ATM and one at least for each (1000) issued by the bank, as well as card not to take central bank actions necessary against one of the smart card companies; For violating work according to the laws and regulations in force throughout its years of operation, knowing that the company deals with more than five million citizens, in addition to another company opening accounts without listing accounting restrictions that support what is included in ." the financial situation, because there are no warehouses for the company despite the existence of a tab on the assets For the purpose of Alpi link
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Courtesy of Dinar Guru
Frank26 Now due to the article about many being arrested from the CBI this situation called the monetary reform it has turned into, insistence! It has turned into an insistence! NOW! [Guru] Walkingstick told me President Trump is putting pressure on them like you have no idea...
Frank26 ...what if there was a date for the stoppage of the auctions? ...what if Trump gave the CBI a date of when to stop the auctions? ...if there is any possibility of that being true, it's over. Stopping the auction and restricting the American dollar to be used inside of Iraq. Wow. It would crush Iraq. They would fall to their knees financially. They'd have to raise the value quickly. So you stopped the auctions Mr. President, how long can they hold their breath? Probably as long as a human being can. 30 seconds if that...they would have no choice but to do something with their currency. Add value to it. Bring out the new small category notes. Change the exchange rate...this is a good and positive thing for the monetary reform....
KTFA:
Don961: Davos 2020: the world's attention is turning towards a meeting of the poles of the economy
2020-01-18
Yassin Iraq: Follow-up
With the start of the Davos Economic Forum starting later this week, attention is turning towards the annual meeting of the elite of economists and politicians around the world at a time when geopolitical tensions are escalating and features of economic crises are looming on the global economy.
The conference this year coincides with the fiftieth anniversary of its holding, as the forum dates back to 1971 by German businessman Klaus Young.
When the forum started its activities about half a century ago, politicians were not on the list of invitees, and their presence began in an official capacity since 1974 for the first time, until the forum became a forum that brings together the rich businessmen and leaders of major countries and politicians at the present time.
Some 3,000 people from 118 countries are attending the current version of Davos, with a prominent presence of US President Donald Trump and German Chancellor Angela Merkel, as well as several other world leaders.
Goals inconsistent with the leaders ’directions
The current version of the Davos Forum focuses on a number of issues, most notably climate change and sustainable growth. US President Donald Trump may find himself in an embarrassing position on the issue of climate change, which Trump himself has declared on more than one occasion he is indifferent to, according to a report published in the American Times.
Trump did not attend the last version of Davos, citing the crisis of the closure of the US government, as the president abruptly canceled the attendance plan, which cost the US Treasury at the time about $ 3 million in the cost of car rent, hotel reservations for him and the accompanying delegation, according to a report published by the "Quartz" website. .
According to the forum's official website, the current version of Davos will also discuss the importance of technological development in supporting global growth through what is termed "the Internet of Things."
119 billionaires in the current Davos edition
119 current billionaires from the world's wealthy are participating in the Davos conference, according to a report published by the American Bloomberg Agency, whose combined wealth amounts to about 500 billion dollars.
According to the report, the largest participation rate of the wealthy comes from the United States with 33 billionaires, followed by India with 19 billionaires, and Russia with seven people.
Participants in the forum this year include Bridge Water Associate founder Lily Dallio, Blackstone Group Chairman Steve Schwarzman and GB Morgan Chase Jimmy Damon.
Also featured in the current version are prominent figures such as George Source and CEO of Chinese Huawei, in addition to artistic figures shiny like the famous Bollywood star actress Dubika Padukone.
Frequent discontent
With the start of the Davos Economic Forum business every year, talk about the gap between the poor and the rich and the unfair distribution of wealth around the world is repeated in a world where half a billion people are in extreme poverty, according to World Poverty data, the platform that tracks poverty rates around the world.
Another report said that more than a decade after the global financial crisis, a significant number of wealthy people have multiplied their fortunes, such as David Rubinstein, Jimmy Damon and Stephen Schwarzman.
The conference often coincided with anti-forum demonstrations amid a state of discontent over the rich and politicians.
A report by the Oxfam Charitable Foundation, along with the previous version of the forum, showed that about 26 people own about half the wealth of the world's population, with the gap widening between the rich and the poor.
The organization cited the wealth of, for example, Jeff Bezos, CEO of the American company Amazon, and said in a report on its website that the health budget in a country like Ethiopia is equivalent to only about 1% of his wealth.
Davos ... fun is there too
Away from the heated economic debates, the Davos days witness night parties with the participation of the world's richest music, sponsored by major companies that have membership in the forum.
According to the official website of the forum, the cost of membership ranges between 60-600 thousand dollars, while participation fees for non-members amount to about 28 thousand dollars per person.
Participants in the forum have membership cards of different colors, based on the color of each of them, allowing the participant to move from one region to another, according to the color of the card he holds.
The forum provides free golf carts for travel, according to a BBC report. link
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Samson: Official: China will increase imports from America according to "market principles"
19th January 2020
China will negotiate with American companies and increase imports of American goods and products according to market principles, an official with the National Development and Reform Commission of China said at a press conference on Sunday.
The United States has high-quality products in the sectors of energy, manufactured goods, agriculture, health care and financial services, said Meng Wei, spokeswoman for the committee. She added that China would increase its purchases of American goods and services by 200 billion dollars over two years in exchange for the United States reducing part of the customs duties under a preliminary trade agreement between the two largest economies in the world.
Chinese Vice Prime Minister Liu He, who signed the trade agreement with US President Donald Trump last week, said the agreement would not affect “third party interests”, apparently referring to deals with other agricultural commodity suppliers.
The television quoted Liu as telling reporters that companies would import American agricultural products as dictated by consumer demand, supply and demand in the market. LINK
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Only One Solution Kick The Banks Out, and Why You Shouldn't Ignore Stock Market Valuations.
Silver report Uncut: Jan 19, 2020
Economic collapse news January 19, 2020.
First, we look at a note to investors from Hussman warning about the insane stock valuations with expectations of low growth for the foreseeable future.
We need to focus on our real problem which is these banks and the US money supply.
Not only is the Fed merely a representation of the largest banks in the world but it also pays its self via repo and other QE means.
Banking its self is the problem that's why there is only one solution…. to kick out the banks.