News, Rumors and Opinions Thursday Afternoon 7-1-2021

KTFA:

Samson:  A training course entitled Basel III standards risk assessment and stress testing for the period from 11-15/7/ 2021

30th June, 2021

Bank announces the Iraqi Central / Center for Banking Studies for the establishment of a training course entitled (Basel III standards for risk assessment and stress testing - the first level ) of government banks and private all for a period of 11 - 2021 / 7 / 15 as shown in detail in below

1- Target group: All employees whose work is related to the above course topic

2- Duration of training:- (5) days (20) hours, starting from 9:00 in the morning until 1:00 in the evening
 

3- The method of holding the course: - Remote electronic training via the ZOOM electronic platform
 

4- Certificate of Participation: The participant is granted a certificate of participation issued by the Central Bank of Iraq
 

5- Language of the course:- Arabic language
 

6- How to register: - The name of the triple candidate, his job position, his email and a phone number that contains WhatsApp

 Note that the subscription fees are (200,000) dinars (two hundred thousand dinars) for one participant, we are authorized to deduct it from your account (in Iraqi dinars) opened with this bank, and in the absence of an account, payment is made in cash. We kindly ask you to send your nominations to the e-mail of the Center for Banking Studiesbsc@cbi.iq ),  with the nomination letters sent by official mail later and before the start of the course  

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Courtesy of Dinar Guru

Petra   With Kazemi doing what he's doing and the speech he gave on TV Saturday, telling the country they are about to go international. They are about to support the people.  I believe without a shadow of a doubt Kazemi is a man of the people...I think we're marching right up to this very very close based on what they're telling us they're doing. 

Walkingstick & Frank26  If you have not yet seen articles explaining the new exchange rate we want you to be prepared because they are about to come out...they are going to explain the Iraqi dinar being on par with the USD.  These articles are set to be released very soon.  These articles are to be coupled with explanation of the removal of the three zeros from their exchange rate.   These articles will also be an introduction of a new currency that we call new small category notes and of their denominations.  The understanding is the CBI is prepared to release those articles at any time.  There is more to come but it is our desire to stop there until these articles come out.

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Vietnam Dong update for 06/30/21

Jun 30, 2021

https://www.youtube.com/watch?v=nzYK_baGUJk

The Fed Lost Control Over Inflation and Interest Rates

The Survival Economist:   Premiered 18 hours ago

The Fed Lost Control Over Inflation and Interest Rates It is widely held that the central bank is a key factor in the determination of interest rates.

 By popular thinking, the Fed influences the short-term interest rates by influencing monetary liquidity in the markets.

Through the injection of liquidity, the Fed pushes short-term interest rates lower. Conversely, by withdrawing liquidity, the Fed exerts an upward pressure on the short-term interest rates.

https://www.youtube.com/watch?v=4FYMW4tWQe0https://www.youtube.com/watch?v=4FYMW4tWQe0

 

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