Thursday Night KTFA CC "The CBI IS Telling Everyone" 1-13-2022
KTFA
Thursday Night KTFA CC
Frank26: 1-13-22……..THE CBI IS TELLING EVERYONE
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Petra, MilitiaMan and Eddie in Iraq
R.E.E.R. > Real Effective Exchange Rate
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
A few articles highlighted on tonight’s video:
FINAL ARTICLE #1424
Frank26 “IRANIAN RIAL… TURKISH LIRA… MOVE OVER FOR THE LEBANESE POUND ALL AGAINST THE DOLLAR IN ORDER TO PLAY FAIR… TAKE NOTE ALL: THE MIDDLE EAST COUNTRIES CURRENCIES ARE DESPERATELY WAITING FOR THE IRAQI DINAR TO FORM THE MIDDLE EAST BASKET”…..F26
A “record” collapse of the Lebanese pound against the dollar
01/11/2022 13:56:34
The Lebanese pound fell today, Tuesday, to its lowest level ever, as the dollar exceeded 33,000 pounds for the first time since the beginning of the economic crisis in 2019.
According to websites and mobile phone applications to track the black market price, the dollar recorded today, Tuesday, 33,100 pounds for sale, and 33,000 pounds for purchase.
It is noteworthy that the official exchange rate of the Lebanese pound has been fixed since 1997 at 1,507 pounds to the dollar, but the market value of the national currency fell by more than 95% within two years of the economic crisis.
The minimum wage is now less than 23 dollars, while the prices of fuel and many basic commodities for which subsidies have been lifted, continue to rise. LINK
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FINAL ARTICLE #1425
Frank26: “‘NYET’ SORRY RUSSIA YOU CAN NOT JOIN THE ME BASKET”….F26
Will we witness ‘currency wars’ in 2022?
11th January, 2022
The Russian economic expert, Yulia Vinogenova, indicated that there is a high probability of a currency war between the euro and the dollar, and the depreciation of the ruble during the current year.
The expert said: “If the geopolitical risks materialize, in particular, the escalation of the tone of sanctions against Russia and a new round of conflict with Ukraine, we can expect a relative rise in gas prices, which the European Union will have to deal with. This may lead to a strengthening of the dollar and a weakening of the euro.” At least in the first quarter of 2022.
The expert added that the main tool in currency wars is the devaluation of national currencies compared to foreign currencies. With regard to the Russian ruble, the expert expected that the value of the Russian currency will decrease by 5% – 6% by mid-2022.
For his part, Adviser to the Director General of Macroeconomics of Otkritie Broker, Sergey Khastanov, expected the dollar to rise significantly against the currencies of developing countries during the current year.
The economist added that the main factors behind the rise in the dollar exchange rate are the tightening of the monetary policy of the US Federal Reserve system, and the potential outflow of capital from emerging markets. According to Khastanov’s estimates, the tightening of monetary policy will slow the growth of the global economy, and the economy of the United States in particular. LINK
FINAL ARTICLE #1426
Frank26: “CBI STUDIES THE ME BASKET”….F26
Study analyzing the impact of the depreciation of the Turkish lira on the Iraqi economy
11th January, 2022
Study analyzing the impact of the depreciation of the Turkish lira on the Iraqi economy
To view the study… click here
https://cbi.iq/news/view/1916
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FINAL ARTICLE #1428
Frank26: “I LOVE IT, I LOVE IT, I LOVE IT”….F26
Economist: The Government Has No Justification To Continue Raising The Dollar Exchange Rate
12th January, 2022
The economic expert, Ihsan Al-Kinani, confirmed that the government does not have any justification to continue to raise the exchange rate of the dollar in the local markets, pointing out that oil prices and financial abundance make it imperative for the next government to take measures to reduce the exchange rate.
Al-Kinani told Al-Maalouma, “Oil prices exceeded 80 dollars per barrel, at a time when Iraq was able to overcome the financial crisis that occurred in 2020, which pushed towards raising the exchange rate of the dollar, and today the need for that is no longer needed.”
He added, “Iraq has all the financial capabilities and qualifications that necessitate a reduction in the exchange rate, especially after the completion of Kuwait’s compensation and the rise in oil prices,
Frank26: (HOW MANY TIMES AND HOW MANY DIFFERENT WAYS DO YOU HAVE TO BE TOLD TO RAISE THE VALUE OF YOUR CURRENCY -F26) as well as the increase in oil production by OPEC after its last meeting on Tuesday of last week.”
And he indicated that “the next budget will be decisive, either to continue starving the people, (PROGRAM RATE -F26) or to return things to their previous status by reducing the exchange rate and specifying it in the budget.” (IN OTHER WORDS SPIT IT OUT IN THE BUDGET & THE WHITE PAPERS -F26)
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FINAL ARTICLE #1429
Frank26: “HOOVER AND DYSON ARRIVED IN IRAQ”….F26
Including a current minister.. 98 arrest warrants and summonses were issued against senior officials in December
12th January, 2022
The Federal Integrity Commission announced, on Wednesday, the issuance of 98 arrest warrants and summonses during the month of December, noting that these orders were issued against 85 senior officials, including a current minister.
The investigation department of the commission said, in a statement received by Mawazine News, that “the arrest and recruitment orders issued by the judicial authorities came against the background of cases investigated by the commission’s investigation directorates and offices in Baghdad and the provinces and referred them to the judiciary,” noting that “98 arrest and recruitment orders were issued against Senior officials of the highest ranks for the period from (1-31/12/2021), including (21) arrest warrants and (77) recruitment orders.
The department stated, “The orders included a current minister, a former minister, three former ministers, a former undersecretary and nine former deputies, as well as current governors, (8) former governors and (5) former, and the orders also included (21) current director-general and (15) directors. A year ago and seven before, while 12 orders were issued against members of provincial councils.