TNT, KTFA, Keiser and Zang Sunday Morning 9-29-19

TNT:

Cutebwoy:  IMF names Kristalina Georgieva as new head

Bulgarian economist Kristalina Georgieva has been selected as the new managing director of the International Monetary Fund.

Ms Georgieva, who was previously chief executive of the World Bank, becomes the first person from an emerging economy to lead the IMF.

She will succeed Christine Lagarde, who is leaving to become head of the European Central Bank (ECB).

Ms Georgieva was the only nominee for the job.

Who is Kristalina Georgieva?

The 66-year-old economist, the daughter of a civil engineer, studied political economy and sociology at the Karl Marx Higher Institute of Economics in Sofia while Bulgaria was still under communist rule.

After graduating in 1976, she got her first taste of capitalism in the UK, as a British Council scholar at the London School of Economics.

Since then, she has built up a strong background in the World Bank and the European Commission, having held various senior roles in both institutions.

She was commissioner in charge of the EU budget before she left to join the World Bank in January 2017.

The head of the IMF has traditionally been a European since the IMF was created in 1945.

Normally, she would have been considered too old for the job. But following pressure from France, the IMF waived its 65-year-old age limit for applicants.

What can we expect from her tenure at the IMF?

Ms Georgieva has been appointed for a five-year term, starting on 1 October.

Speaking after her selection by the IMF’s executive board, she described herself as “a firm believer in its mandate to help ensure the stability of the global economic and financial system through international co-operation”.

She added: “It is a huge responsibility to be at the helm of the IMF at a time when global economic growth continues to disappoint, trade tensions persist, and debt is at historically high levels.”

She said the IMF’s long-term aim was to support sound monetary, fiscal and structural policies to build stronger economies and improve people’s lives.

“This means also dealing with issues like inequalities, climate risks and rapid technological change,” she said.

“My goal is to further strengthen the Fund by making it even more forward-looking and attentive to the needs of our members.

https://search4dinar.wordpress.com/author/radronin/

KTFA:

Rommy:   We have 2 scenarios.  Inside Iraq and Outside Iraq.  We are investors outside Iraq.  So outside Iraq when the rate becomes 1:1, a 250 IQD = $250 USD.  At a 2:1 rate, a 250 IQD = $500 USD and so on, less spread and fees.

Don961:  {Arab Monetary} adopts the indices of the Iraqi market for securities

Saturday 28 September 2019

Baghdad / Hussein Thaghb 

The Arab Monetary Fund included the indexes of the Iraq Stock Exchange to its data from the current month of September, and this is the first time that the indicators are displayed within the fund data.

The Executive Director of the Iraqi Stock Exchange Taha Ahmed Abdul Salam said: "As a result of the joint cooperation between the Iraqi Stock Exchange and the Securities Commission with the Arab Monetary Fund, the experimental stages of work in the download of trading data and indicators for the Iraqi market during last August was successfully completed by Links on "Electronic Systems.

Database

"As of the beginning of September, trading data within the Arab Monetary Fund's database became among the 17 financial markets registered in the Fund, and the price index has become within the Fund's composite index for Arab capital markets, for the first time in the history of Iraqi financial markets."

He pointed out that "the number of companies listed on the Iraqi market for securities 102 joint-stock companies constitute the sectors of banking, insurance, remittance, investment, industry, agriculture, communications, hotels, and the total capital of these companies 12130 billion shares."

 Investor confidence

Abdul Salam said that "this achievement is a positive step towards enhancing the confidence of investors in the Iraqi market and to achieve the objectives of disclosure and transparency in accordance with international best practices."

Abdul Salam said in a previous statement to "morning" that "the market is working to train at least 400 students in order to spread the culture of investment at the level of university students, but if there is a scientific material for students of colleges concerned with economic affairs in all its joints, and thus win a segment It is important to be in the field of investments in stocks and bonds, as it happens internationally.

International effort

Abdul Salam said that "the interest of regional and international organizations in the Iraqi market stems from the recognition of the international effort on the importance of Iraq on the international stage, and that it is coming to an important stage, the existence of close economic partnerships between Iraq and the global market that can achieve great benefit from dealing with Iraq, especially "The geographic location and wealth of a country can have a significant positive impact on the world's economies."

In a statement to the "Arab Monetary Fund and the Iraqi Securities Commission" that in the framework of cooperation between them, was in the month (September) 2019 the listing of the Iraqi market for securities officially in the system of Arab capital markets database at the Arab Monetary Fund. This brings to 17 the number of Arab financial markets joining the AMF database.

Special indicator

The total market value of the market in 2018 amounted to about 11356 billion Iraqi dinars, equivalent to 9.1 billion US dollars, and thus be the 13th among the Arab financial markets in terms of market value. Accordingly, the Arab Monetary Fund has started to calculate a special index for the Iraq Stock Exchange, based on the data as at 31 July 2019 as a base period.

The sample of the Fund's index for the Iraq Stock Exchange includes 43 companies, whose market value represents about 80 percent of the total value of the market, is at the end of 2018, and the Arab Monetary Fund calculates in addition to indicators for the financial markets that join its database, a general composite index, measuring The performance of the Arab financial markets combined, including the Iraq Stock Exchange as of September 1, 2019.    link

******************************

Keiser Report 1442

The Keiser Report:  Sep 27, 2019

Markets! Finance! Scandal! Keiser Report is a no holds barred look at the shocking scandals behind the global financial headlines. From the collusion between Wall Street and Capitol Hill to the latest banking crime wave, from bogus government economic statistics to rigged stock markets, nothing escapes the eye of Max Keiser, a former stockbroker, inventor of the virtual specialist technology and co-founder of the Hollywood Stock Exchange. With the help of Keiser's co-host, Stacy Herbert, and guests from around the world, Keiser Report tells you what is really going on in the global economy.

https://youtu.be/yz2PFN-pmHw?t=6

The Global Reset Happened This Way Thousands Of Times, This Is Why [CB] Are Panicking

X22 Report Spotlight:   Sep 28, 2019

Today's Guest: Lynette Zang

LZ:  A reset is the way a government can basically declare bankruptcy on that debt with a currency that has zero value.

So, when I’m talking about the reset, and there is only one way it’s been done over 4800 times although I cannot guarantee the futre….my bet is it’s going to happen this again where they take something where ofiicially there is no value left in the fiat money. And they revalue it against monetary gold.

https://youtu.be/bDReneSDePI?t=1