Frank26 and KTFA Members Friday Night 8-16-19

KTFA:

Samson:  International  Islamic Bank
15th August, 2019  As per latest youtube
On Sunday you can visit us
To transfer and receive your financial funds
Via Western Union service.
In all the branch of the international Islamic bank

General Headquarters: Baghdad - Indian ạlʿrṣạt - near door restaurant
Coral Branch: Baghdad - River Street - Baghdad Chamber building - ground floor
Najaf Branch: life neighborhood - opposite cooker restaurant
Basra Branch: Abbasiyah - old kia company street - near Zain company
Industry Branch: Baghdad - industry street - opposite university technology
Coming soon Holy Karbala Branch: Holy karbala - complexes street - opposite the tax bridge LINK

Lambchop:  Great to see in print!!!  Thank you Frank for telling us this would happen from your video last night per FF's info to you!!! This is a "told you so" moment!!

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Samson:  Baghdad sends the salaries of employees of the region and determine the date of disbursement

2019/8/16 11:41

A source in the Federal Ministry of Finance, on the resumption of the payment of salaries of employees of the Kurdistan region on Sunday.

The source explained in a press statement, on Friday, that "the distribution of salaries of the region's employees for the month of May, resumes on Sunday, and that the distribution of salaries of the Council of the judiciary in Kurdistan." 

He added, "The federal government will send on Monday the salaries of employees to the region, accelerating the distribution of salaries of all ministries that did not receive before Eid al-Adha," stressing that "all ministries will receive their salaries during the next week."   LINK

Samson:  Establishment of a Chamber of Commerce between the Kurdistan Region and Europe

2019/8/16 11:38

The head of the Federation of Chambers of Commerce and Industry in the Kurdistan region to start a "strong economic movement" in the region. "There have been attempts for a long time to open a joint chamber of commerce between the region and Europe," Abdul Wahid Mohammed, director of the Erbil Chamber of Commerce and Industry, told reporters. 

He added that "the Chamber of Commerce are important in promoting trade and industrial relations between the provinces of the region and the European countries, pointing out that he will open the branches of the Chamber of Commerce provinces of the region. 

For his part, Chairman of the Union of Commercial and Industrial Chambers in the province, said Dara tailor "There are a large number of foreign invested companies In the region, pointing out that after the improvement of the economic situation in the region, there is a strong economic movement witnessed by the region.    LINK

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Samson:  Parliamentary finance reveals on the rise of the balance of the Central Bank during this year

16th August, 2019

The Finance Committee in the House of Representatives on the rise of the financial balance of the Central Bank during the year, which confirms that the financial situation in the country is OK.

The Committee's Rapporteur Ahmed al-Saffar told the "Covenant News", that the economic and financial situation of Iraq is fine at the moment, as we find that there is a rise in the financial balance of the Central Bank, in addition to high oil prices than planned in the budget this year.

He pointed out that there is a defect only in the investment budget, which the government must address within the budget next year.   LINK

Don961:  :  Kuwait and Iraq .. friendship erases memories of the invasion

Baghdad / News
Together for the good of their citizens. The writer Bobby Ghosh said in an article published by the agency "Bloomberg" that seeing the scene of the delivery of Iraq the remains of 48 Kuwaitis who were lost during the Gulf War at the Safwan border crossing, "is wonderful, although it is still a large number of unknown fate, but some families can At least to realize the correct end of the fate of its missing. "

The writer said that this celebration marks an important milestone in the journey taken by Kuwait and Iraq towards normalization of relations since the fall of Saddam Hussein in 2003, with the current rulers in Baghdad to work on the basis of "Elly Fat Matt."

Last month, Prime Minister Adel Abdel Mahdi said that "the outlook is far greater than the fears and obstacles between the two countries."

Earlier in the summer, the emir of Kuwait visited Baghdad on his first trip, and Iraqi President Barham Saleh traveled to Kuwait City for the first time last winter.

Building diplomatic confidence is a major strategic goal for Baghdad. Iraq, located between two regional crises - the confrontation between the United States and Iran in the Gulf, and the growing hostility between Saudi Arabia and the Tehran regime - sees Kuwait as a relatively safe port, especially as the emirate still maintains friendly relations with these three foes, allowing it to deepen economic relations with Iraq without raising suspicions or enmity with anyone.

For Kuwait, Iraq is a huge market and investment opportunity that stands at its doorstep.

Iraq is also an escape from the tensions of the Arabian Peninsula, and therefore Iraq is one of the few places where Kuwait's foreign policy can expand.

This overlap of interests is already paying off. Iraq and Kuwait are planning to develop joint oil fields, one in the Safwan area. It is an opportunity to leave decades of disputes over land ownership and what lies behind it.

Kuwaitis are also helping develop gas fields in southern Iraq.

For Baghdad, these projects have the potential to develop a hydrocarbon strategy independent of distant regional interests.

Aside from oil, Kuwait promised to invest heavily in rebuilding Iraqi cities devastated by the battles against ISIS. There are also plans to establish special economic zones on the border, allowing each side free access to each other's markets.

Last month, the trade ministers of the two countries visited a potential site for one of these areas - in Safwan.

It is likely that it will be years before the remains of the bodies and remains of the Kuwaitis who died between 1990-1991 are found; for now, Iraq and Kuwait are burying their differences, which is good for everyone.   link

Samson:  Trump: Iran wants a new deal with the United States
16th August, 2019

President Donald Trump has announced that Iran wants a new deal with the United States because sanctions have severely damaged its economy. "Iran wants to reach a deal," Trump said in an interview with his supporters in New Hampshire.

According to Trump, this is due to the fact that sanctions have caused significant damage to the Iranian economy.  On July 14, 2015, the six countries ( Britain, Germany, China, Russia, USA and France) and Iran signed an agreement on the Joint Comprehensive Plan of Action on Iran's nuclear program. The landmark deal calls for the lifting of sanctions against Iran in return for restricting its nuclear program.

The deal lasted less than three years in its original form.  The United States announced on May 8, 2018, a unilateral withdrawal from it and the resumption of strict sanctions against the Islamic Republic, which affected weeks ago Foreign Minister Mohammad Javad Zarif and Supreme Leader Ali Khamenei.  LINK

Frank26:  THE MONKEES AND WESTERN UNION

Started streaming 49 minutes ago

https://www.youtube.com/watch?v=D7XQQxfeKoE

Frank26 and KTFA Members: " Purchasing Power for the Citizens"

KTFA:

Samson:  China: We will have to take countermeasures in response to the latest US customs duties

15th August, 2019

Finance Ministry said on Thursday that China will have to take countermeasures inevitable in the face of the US decision to impose the latest tariffs on Chinese goods worth $ 300 billion. 

The ministry also said that the US customs duties violate understandings reached by the presidents of the two countries and deviate from the right path to settle disputes through negotiations. 

The United States said earlier this month it would impose tariffs on Chinese goods worth $ 300 billion from September 1, effectively covering all Chinese exports to the United States.

But US President Donald Trump backed away from part of the plan on Tuesday, postponing tariffs on some of the targeted items such as cell phones, laptops and some consumer goods, hoping to reduce the impact of duties on sales during the US holiday season. However, the duties will apply to those products from mid-December. LINK

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Samson:  Under $ 58 .. Oil prices continue to decline

15th August, 2019

Oil prices fell 3% to less than $ 58 a barrel on Thursday, continuing the decline recorded by the last session by 3%, as it is under pressure from growing fears of a recession and a sudden increase in US crude oil inventories.

In a sign that investors are concerned that the US economy, the world's largest, may be heading towards recession, which will negatively affect oil demand, the US Treasury yield curve flipped on Wednesday for the first time since 2007.

Brent crude fell $ 1.81, or 3%,   to $ 57.67 a barrel and by 11:17 GMT, fell $ 1.57 to $ 57.91. Brent is still up 10% since the start of the year thanks to production cuts led by the Organization of the Petroleum Exporting Countries and allies such as Russia in the group known as OPEC.+   In July, OPEC + agreed to extend oil production cuts until March 2020 to support crude.

A Saudi official on August 8 hinted at the possibility of further steps, saying that "Saudi Arabia is committed to doing everything necessary to keep the market stable next year." But OPEC's efforts have been overshadowed by concerns about the global economy in light of the trade dispute between the United States and China and the uncertainty over Britain's secession from the European Union, as well as rising US crude stocks and rising US shale oil production..

China reported disappointing data for July, including industrial production growth at its lowest level in more than 17 years..

An unexpected increase in US crude oil inventories for the second week adds to pressure on oil prices. Crude oil inventories rose 1.6 million barrels last week, compared with analysts' expectations of a 2.8 million barrel drop, the Energy Information Administration said.   LINK

Frank26:  THE WORLD NOW SAYS PURCHASING POWER FOR THE CITIZENS

Streamed live 60 minutes ago

https://www.youtube.com/watch?v=JIY01iIU0ZY

Frank26:   Part 2

Streamed live 30 minutes ago

https://www.youtube.com/watch?v=QvVfHi1Zc-4

Frank26 and KTFA Members Wednesday PM 8-14-19

KTFA:

Frank26:   FIREFLY KEEPS ON TRUCKING

Streamed Live 30 minutes ago

https://www.youtube.com/watch?v=9pd-TV-sWOc

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Samson:  Trump threatens to withdraw from the World Trade Organization

2019/8/14 9:25

US President Donald Trump has threatened to withdraw his country from the World Trade Organization, which he accuses of always favoring China at the expense of the United States. "We will leave if necessary," he said amid shouts of support from a crowd of workers at a factory in Pennsylvania. "We know they've been hurting us for years, and that won't happen again." 

This is not the first time that Trump has threatened to withdraw from this international organization.  Last summer, Trump said the World Trade Organization had been dealing "very badly" with the United States for several years, adding that if it "does not reform itself, it will be withdrawn."  At the end of July, he called on the organization to prevent reforms in dealing with developing countries. 

The Trump administration has been on the World Trade Organization for many years to allow China to be classified as a developing country, relieving it of some duties.    LINK

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Samson:   Mayor of Sinjar: If the government implemented Article 140 of the Constitution, the 2014 disaster would not have occurred
14th August, 2019

The mayor of Sinjar district, Mahma Khalil Ali Agha, called on Wednesday to confine arms to the state in the judiciary.

"On the occasion of the 12th anniversary of the tragedy of Siba Shikhadri - Al-Jazeera compound in Al-Azir - Al-Qahtaniya district, which claimed the lives of more than 400 martyrs and 500 wounded, all of them Yazidi religious component, there is an urgent need to provide protection for religious minorities and reconstruction," Agha said in a statement received by Alsumaria News. Its areas, especially in Sinjar , which was more than once subjected to genocide."

Agha added, "Terrorism on August 14, 2007, the bombing of four car bombs targeting the island compound, and the massacre of the Yazidi component," pointing out that "this painful incident is the beginning of the genocide of the Yazidi component, before the tragedy, which has never been seen in The date that the Islamic State terrorist organization on the third of August 2014 stormed the region and did what it did to its people." 

He continued, "to give the constitutional rights to the region and the application of Article 140, has become a necessary need," noting, "If the government implemented Article 140 of the Constitution at the time, the 2014 disaster would not have occurred." He pointed out, "The catastrophe of the island complex is still stuck until now, represented by the presence of a large number of missing persons whose bodies have not been found, and the lack of access to their families and their rights and this in itself neglect and negligence of the Yazidi religious component." 

Khalil called for "making Sinjar a safe area, enforcing the law in it, confining weapons to the state and employing its people in the state security institutions to be able to protect its region, forming a joint army and peshmerga force to protect it, and arming and supervision of the international coalition to be a pillar of the safe area and creating a suitable ground for the return of the displaced." And eradicating the effects of genocide and beginning its reconstruction, "he said.   LINK

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Samson:  How much is Iraq's share of world gold ?

14th August, 2019
The World Gold Council data showed that the world's reserves of precious metal amounted to 34.076 thousand tons in August, the euro area accounted for 55.8% of them.

According to the data, the Arab countries combined have 1292.9 tons of gold, which represents 3.79% of the total reserves of the countries of the world.

The data shows that Saudi Arabia topped the Arab countries with gold reserves, which amounted to 323.1 tons, which secured 17th place globally. The Kingdom's gold reserves constitute 0.94% of the world reserves.

Lebanon ranked second with reserves of 286.8 tons (0.84% ​​of the world reserves), followed by Algeria with 173.6 tons (0.50% of the world reserves), and Libya with 116.6 tons (0.34% of the world reserves). Iraq has 96.3 tons (0.28% of the world reserves).

Gold prices have been rising recently as a safe haven, amid a raging trade war between China and the United States, which has overshadowed the growth of the global economy.

Since the beginning of this year, the price of gold has risen from 1281.3 dollars to be traded now at 1513 dollars.   LINK

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Samson:  Tomorrow gets the text of a decision authorizing the tax director to sign a double tax agreement with Saudi Arabia   LINK

MilitiaMan:  Even during Eid, they are dotting I's and crossing T's, a good sign they are prepared for things important, expecially when there is something larger coming.. lol imo ~ MM

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MilitiaMan:  So it looks like they are going to put this issue to bed finally!! I like the time line they have too. Seems to fit in line with all the education they have had on going.

All the pressures from so many angles are noted that support that everyone is ready for them to complete reforms and open up to the world by twining Baghdad and Kurdistan regions into one cohesive body working for all the common good. That time frame they give is immediately after Eid Al Adha.. That time frame is upon us so very shortly.

Eid is over this week our time.. So, I am not in any hurry to poo poo this meeting. The timing of it is in my humble opinion to be right on schedule.. A big window this weekend! imo And the BBs opinion as well. ~ MM

Don961:  Source: The Kurdish delegation's visit to Baghdad will discuss the return of the region's share of the budget to 17 percent

Politics 2019/08/14 12:48
Baghdad Today - Baghdad

A source familiar with the Kurdistan region revealed on Wednesday (14 August 2019) the files to be discussed by the high Kurdish delegation, which plans to visit Baghdad next week.

The source, who declined to be named, said in an interview to (Baghdad today) that "the delegation intends to put the budget file 2020 within the terms of the final delivery of oil and agree on a final formula, ending this file, which opens controversy on it annually."

He added, "The delegation will offer to re-share the region's previous share, which amounts to 17% in the budget, next year, in exchange for the final delivery of oil," pointing out that "the restructuring of the joint operating room between the Peshmerga and the Iraqi army, in the disputed areas, among the files Raised. "

He pointed out that "the delegation will be at a high level, representing multiple ministries in the Government of Kurdistan."

A source familiar with the Kurdistan region, revealed on Saturday (August 10, 2019), the intention of a Kurdish delegation to visit the capital Baghdad, after the Eid al-Adha holiday, to complete the talks on the outstanding files between the Center and the region.

The source said, in an interview (Baghdad today), that "a high-level delegation from the Kurdistan region, including ministers of Peshmerga, finance and planning and a number of advisers, will visit the capital Baghdad immediately after the Eid al-Adha holiday."   link  

Iobey777:   This is very good!! I like this paragraph:

The source, who declined to be named, said in an interview to (Baghdad today) that "the delegation intends to put the budget file 2020 within the terms of the final delivery of oil and agree on a final formula, *ending this file, which opens controversy on it annually."

and this one...

A source familiar with the Kurdistan region, revealed on Saturday (August 10, 2019), the intention of a Kurdish delegation to visit the capital Baghdad, after the Eid al-Adha holiday, to complete the talks on the outstanding files between the Center and the region.

Sounds like COMPLETION to me!!