Frank26 Video with Walkingstick "Walkabout with WS" 2-19-2020

KTFA:

Walkingstick:  Presidential Message on the 75th Anniversary of the Battle of Iwo Jima

 NATIONAL SECURITY & DEFENSE

Issued on: February 19, 2020

In the long record of American heroism in combat, few episodes capture the indomitable will and the stouthearted spirit of the American warrior better than the triumphs on the island of Iwo Jima in early 1945.  Seventy-five years later, we pay tribute to the immeasurable sacrifice of those killed in action on Iwo Jima, and we honor the heroic efforts of all who took part in one of the most costly and significant battles in our country’s history.

By February 1945, despite American forces possessing aerial and naval supremacy, the Japanese forces at Iwo Jima were well dug-in and prepared to fight to the last man for the strategically important airfields on this small piece of land.  This was the first time in World War II that the Japanese were defending what they considered home soil.  For 5 weeks, our Marines and Navy sailors endured a harrowing trial by fire, fighting to secure this remote volcanic island from more than 20,000 determined Japanese soldiers.  Nearly 7,000 Americans died in the effort.

The fighting on Iwo Jima was some of the bloodiest and most costly in all of World War II, but it also gave rise to some of the greatest examples of patriotism and heroism in our Nation’s history, inspiring Admiral Chester Nimitz’s famous statement that “uncommon valor was a common virtue.”  Few images evoke as much emotion from the American soul as Joe Rosenthal’s photo of six Marines raising our Flag atop Mount Suribachi in the opening days of the battle.  In addition, 27 Medals of Honor—the highest honor given to members of the military—were awarded for actions of conspicuous gallantry during the battle.  Of these, 22 medals went to Marines, making up more than 25 percent of the total Medals of Honor awarded to Marines throughout the entirety of the war.

Among the heroes at Iwo Jima were non-combatants, like Rabbi Roland Gittelsohn.  In the days following the battle, Rabbi Gittelsohn delivered a powerful, stirring message at the Fifth Marine Division cemetery on Iwo Jima.  There, he stated, “Here lie officers and privates, blacks and whites, rich and poor together.  Here are Protestants, Catholics, and Jews together.  Here no man prefers another because of his color.”  For his service ministering to men in the thick of the combat zone, Rabbi Gittelsohn was awarded three service ribbons, and today his words resonate as a powerful testament to the founding principle of our Nation that liberty and democracy are the rights of all men and women of every race, religion, and creed.

On this anniversary, we honor those who answered the call of duty and ensured that the forces of freedom emerged victorious in that fateful battle.  As a Nation, we remain forever indebted to the Greatest Generation.

The White House

Frank26:  WALKINGSTICK WANTS TO TALK TO ME...
AS SOON AS I AM FINISHED WITH WALKINGSTICK, I WILL START YOUTUBE...
SEE YOU SOON...FRANK26

Frank26:  2-19-20 WALKABOUT WITH WS

THIS WHOLE YOUTUBE IS ENTIRELY IN FRANK'S OPINION

https://www.youtube.com/watch?v=10FsWcL0Yp4

Frank Delta and KTFA Members Tuesday 2-18-2020

KTFA:

DELTA: WOW ………...GREAT FIND SAMSON ……….CBI GETTING BANKS READY....

Samson:  The central bank determines the percentage of fees charged to banks

18th February, 2020

The Central Bank of Iraq, on Tuesday, directed banks and financial institutions to commit to meeting the commissions prescribed by its transactions

The bank said in a statement received by "Eye of Iraq News", that "all banks and financial institutions have an obligation to fulfill the commissions previously determined by their transactions, which are as follows

1- Purchase commission through points of sale: free of charge

2- Cash withdrawal commission through points of sale (0.006 of the amount) a minimum (2,000 Iraqi dinars), or 6,000 dinars per 1 million Iraqi dinars, and if the amount of 333,000 dinars is withdrawn or less, then the lowest commission applies and amounts to (2,000 Iraqi dinars)

3- Cash withdrawal commission through the ATM: (0.004 of the withdrawn amount) The lowest commission (1,000 Iraqi dinars), i.e. 4,000 Iraqi dinars per 1 million dinars, and in the event of withdrawing an amount of 250,000 Iraqi dinars or less applied The lowest commission is (1,000 Iraqi dinars)    LINK

Samson:  The central bank organizes a lecture in Mosul on financial inclusion

18th February, 2020

The Central Bank of Iraq / the Mosul branch organized a meeting with government
and private banks in Nineveh Governorate and the Association of Private Banks as
well as electronic payment companies on February 10, 2020.

 The meeting included a lecture to promote the concept of financial inclusion, ATM and 
POS deployment mechanisms , updates to localization statistical indicators, RTGS and 
ACH system stats.

 The Central Bank of Iraq information Office

2/18/2020

https://cbi.iq/news/view/1428

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Monday Night KTFA CC 2-17-2020 with Frank26

PLAYBACK : 605.313.5163 PIN: 156996#

https://fccdl.in/RiEDhaIVqL

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Samson:  Deputy: The 2020 budget will be completely changed according to the new government program

11:51 - 02/18/2020
The deputy of the Al-Fath Alliance, Ahmed Al-Kinani, confirmed on Tuesday that the draft budget for 2020 will be changed significantly after the government of Muhammad Tawfiq Allawi obtained confidence, indicating that the next government is determined to provide a government program.

Al-Kanani said in a statement to "Information" that "the 2020 budget has not been approved yet because of the resignation of the government, as well as the political dispute over its details."

Al-Kinani added, "The next government will rearrange and change the draft budget according to its next government program, which parliament will vote on in the coming days."

On the presence of a bloc opposed to the selection of independent ministers in Allawi's government, Al-Kinani indicated that "Allawi will succeed in passing his government in the event of selecting independent ministers without the need for the Kurdistani Democrat or parties from the Union of Forces."   LINK

ScubaSteve70:  All IMO of course...But I am remembering notes taken during last night CC.
1) PM
2) A Rate
3) Budget

Budget needs the rate...So is this why they will have to "rearrange" before voting?

I am loving the enthusiasm that each article is bringing today!!

KTFA, Frank, Tink, Delta, WalkingStick..THANK YOU, I don't know where I would be in this investment if it weren't for your diligence.  I am forever grateful. You will all forever be in my prayers.  Thank you.

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Samson:  A Kurdish delegation arrives in Baghdad on an urgent visit to negotiate with Allawi on the new government

18th February, 2020

Former Deputy Prime Minister, Bahaa Al-Araji, called on Prime Minister-designate Muhammad Tawfiq Allawi and the older Kurdish delegation to Baghdad to form a government that can bypass the crisis.

Al-Araji said in a tweet on Twitter, "Today, the Kurdish delegation arrives in Baghdad to negotiate with the designated Prime Minister to determine their participation in the next government."

He added, "We call on both parties to look at the public interest in order to form a government that can overcome the crisis."  LINK

Samson:  11 Shiite ministries, 6 for the Sunnis, and 5 for the Kurds in the government of Muhammad Tawfiq Allawi

18th February, 2020

An informed political source revealed that the new cabinet of Prime Minister-designate Muhammad Tawfiq Allawi will include 11 ministries of Shiites, 6 for the year and 5 for the Kurds.

The source said in a statement to "Al-Ikhbaria", "The Prime Minister-designate Muhammad Tawfiq Allawi has completed his cabinet, and he will send it to Parliament no later than next Thursday."

He explained that "the ministerial cabinet includes 11 ministries for the Shiites, 6 for the year, 5 for the Kurds and one for the minorities, as it includes 5 dual-minister ministers and 5 women."

A well-informed political source said that the announcement of the ministerial cabinet will take place within the next five days.   LINK

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Sawco:  Good morning, all...……...If I have learned anything about our study,,, it's that Frank and WS have been spot on, with respect to the articles we read on our forum... By that, I mean many are completely contradictory.....

As Frank and WS have said, "many of what you read coming from Iraq,, is not true, and fake news"....Case in point,,, post 54 says that Allawi will bring his cabinet to parliament tomorrow (Wednesday),, yet post 131 states TWO different comments:  One,, Allawi will bring his cabinet to parliament by Thursday,, and yet later in the same article,, it states, Two: Allawi will bring his cabinet to parliament in the next five days.. Other articles also talk about:  either late this week, or early next week...…….

In conclusion,,, listen to Frank and WS,,, not some of this contradicting news that comes out of Iraq...Much of it comes from Maliki's newspapers (that he owns)………..Of course, all of the above is Blessings family...…….

P.S.  I'm sticking with Frank,,who,, if I understand what he has said,, "look for an RI by the end of this month"... Lord knows I could have misunderstand his thoughts,, but I pray he Is correct...………...Again,,Blessings family...……..

Walkingstick:   All else, aside.. The very reason Iraqis are more dependent on social media versus local media... Knowing, most local media outlets are partisan... Owned and or influenced by influential parties or persons... Regards...

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Don961:  Advisor to the Prime Minister: The reform package will employ half a million citizens

Monday 17 February 2020

Baghdad / Farah Al-Khaffaf

 The Prime Minister's advisor for financial affairs, Dr. Mazhar Muhammad Salih, confirmed that the fiscal deficit that will be included in the General Budget Law for the year 2020 will not affect the salaries of employees and retirees, and that the government tends to provide internal sources of revenue, to secure financial allocations for the operation of at least half a million citizens within the package of reforms. 

Saleh said in a special statement to “Al-Sabah”: “According to the budget data, all salaries are insured, and they are within the basic function of the state and its priorities, and that the fiscal deficit within the budget for the year 2020 will not affect salaries Employees and retirees. ” 

The consultant added that "wage salary indicators increased by 10 to 11 trillion dinars, including no less than the operation of half a million citizens, within the package of reforms launched by the government at the end of last year 2019, including operating some contracts, and revoking their contracts, which constituted an addition to the salary budget." 

He referred to "the necessity of returning financial engineering to Iraq to reduce unnecessary expenses," stressing "finding real and actual internal sources to supplement the budget with revenues before resorting to borrowing, especially since the state is in a balanced debt position at the present time, meaning that the space Financial is good. ”

Saleh pointed out, "The presence of vessels evading taxes, as paying the tax, fees and revenues enhances the state budget, and therefore it will go to the society’s livelihood, especially since the employee is an important contributor to the economic cycle through his spending, and this process is called doubling the income in a way that drives the wheel of the economy." 

He explained that "the obligation to pay taxes is called the right to coexistence, which is a free national contribution and not a feudal levy, and that it is fair, simple and payable without exhausting the citizen", urging "the strengthening of financial and collection management to provide resources to meet the expenses, which are resources from the customs Unlimited wallpapers ". 

The advisor stressed the importance of the ability to address corruption and violations, that is, spending without the availability of benefits, and the need to address unnecessary expenditures in the budget and reduce them, especially since there are many gaps in exchange. 

He urged "the search for real resources that guarantee living for the added employees and securing their salaries, through real directions to maximize internal resources." 

As for what concerns Iraq’s oil, and the efforts of OPEC, which Iraq is one of its founders, to an additional reduction in oil production for producers inside and outside it, Saleh confirmed that it is a common and mutual interest, and that the reduction will be in production and not by the amount of exports, noting that “the reduction contributes to stimulating the raising and improving The price of a barrel of oil while it is in the interest of Iraq, especially since Iraq has committed itself to its share of the previous reduction.     LINK

Samson:  Parliamentary Finance: The next chapter will witness the arrival of the Chinese agreement

10:59 - 02/18/2020

Parliamentary Finance Committee confirmed, on Tuesday, that the next legislative term will witness the arrival of the Iraqi-Chinese agreement to the House of Representatives, stressing that Parliament had previously asked the government to send a copy of the agreement.

Member of the Committee, Siham Al-Aqili, said in a statement to "Information", that "the House of Representatives asked the government to send a copy of the Chinese agreement in order to present it to the relevant parliamentary committees," noting that "all agreements with any country must be enacted by law by the legislative authority." 

Al-Aqili added, “Such agreements must be regulated by a law issued by the legislature to monitor the implementation of the agreement,” stressing that “the upcoming legislative term will see the arrival of a copy of the agreement signed between Iraq and China to the House of Representatives.”    LINK

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Samson:   China exempts 696 US goods from customs duties to support purchases

18th February, 2020

China has decided to exempt 696 American goods from punitive customs duties, in the largest duty exemption to date, as Beijing seeks to implement its obligations in the initial trade agreement with the United States

Tuesday's announcement comes after the first-stage agreement between the two countries came into effect on February 14th and this is the third round of exemptions that China gives to American goods

China has pledged to increase purchases of goods and services from the United States by 200 billion dollars over two years as part of the agreement, and has already abolished some additional fees on US imports after the signing

Among the commodities included in the exemptions are agricultural and energy products such as pork, beef, liquefied natural gas and crude oil, which were subject to additional fees in the midst of the escalation of the commercial dispute between the two countries   LINK

Frank26 Video and KTFA Members News Monday PM 2-17-2020

KTFA:

Samson:  Seminar in Erbil on disclosure and international standards

17th February, 2020

The Central Bank of Iraq - the Erbil branch, organized a dialogue seminar on February 13,
2020 for the purpose of clarifying the relationship between transparency and disclosure
and the commitment of private banks to the principle of transparency in accordance with
the laws and  instructions of the Central Bank of Iraq and international standards and
explain the mechanisms  for preparing cash transfer programs and provide
the necessary  guarantees and the mechanism of cash withdrawal and a set
of other recommendations.

The Central Bank of Iraq information Office

February 16, 2020

https://cbi.iq/news/view/1422

ScubaSteve70:  This looks big..IMO

Samson:  Other: Allawi's cabin is complete and is independent according to our information

17th February, 2020

A member of the House of Representatives, from the Saeron Bloc, confirmed the completion of the ministerial cabinet of Prime Minister-designate Muhammad Tawfiq Allawi, indicating that it is a "separate" cabin.

Al-Omairi said, in a press statement, that "Allawi's cabin was completed a few days ago and is independent according to the information we have confirmed, but there are some forces trying to return the ministerial formation to the first square in order for a number of ministries to submit to it."

He added that "everyone knows that the continuity of these parties was dependent on what they get from these ministries," pointing to the need to "be aware of the danger of this stage and release freedom of choice for Allawi in forming the cab."

Al-Amiri called on the Prime Minister-designate to announce that he "bears full responsibility before the Iraqi people in forming the government booth during a session granting him confidence in the House of Representatives, and that she was chosen from him without pressure, and if she found him to remind her of the sky", he went on "either to make the Iraqi street unfamiliar with this information In light of the accusations, the fall and the distortion of some political blocs that are trying to make the wheel spin in order to get Iraq out of this impasse."   LINK

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Samson:  Integrity: 41 seizures in January, in which corruption incurred more than (44) billion dinars

17th February, 2020

The Federal Integrity Commission disclosed all seizures carried out by its directorates and investigation offices, noting that it had implemented (41) seizures in Baghdad and the provinces during the past January.

The investigations department of the commission indicated that its directorates and investigative offices in Baghdad and the provinces have implemented (41) seizures, in which corruption has amounted to more than (44,000,000,000) billion dinars, indicating that the most prominent of them is the process of seizing a wireless exchange in the Directorate of Communications and Post of Basra was purchased with more than (14,000,000,000) billion dinars within the regions development program for the year 2012, and it remained abandoned in Basra Postal stores, despite the receipt of the company equipped for all its financial dues, and setting the priorities for the purchase of (64) tanks (deny) with the amount of (14,000,000,000) billion dinars for the Directorate of Water in Nineveh.

The department added that among the operations is the seizure of more than (6,000,000,000) billions of dinars in local revenue for the dissolved Diyala Provincial Council, which was collected and collected from the (Safra port) deposited in a private bank in violation of the controls and instructions of the Ministry of Finance, in addition to controlling exchange documents and purchase deeds (63) A medical device for the hospitals of the Muthanna Health Department, at an amount of (2,453,000,000) two billion dinars, and seizing books issued by Salah El-Din Traffic regarding the validity of annual publications that were organized in an informal manner and in violation of the law.

And it showed that the Basra Investigation Directorate carried out (15) operations during which 12 suspects were seized, while the Nineveh Investigation Directorate carried out 8 operations during which (16) of the total number of operations (41) were seized, pointing out that those operations resulted in the seizure (41) Accused.   LINK

Samson:  Al-Fateh: The end of next week's parliament session to pass the government of Muhammad Allawi

16:00 - 17/02/2020

The Al-Fateh Alliance expected, on Monday, to determine the session to pass the government of Mohammed Allawi next week and give it confidence, indicating that Parliament is awaiting submission of names to study CVs before the session date.

The deputy of Al-Fath Fadel Al-Fatlawi told “Al-Maalouma” that “Prime Minister-designate Muhammad Tawfiq Allawi has not yet completed the cabinet formation completely and is awaiting resolution of his differences with the Sunni and Kurdish parties.”

He added that "the Kurdish and Sunni parties are pushing to impose certain names, which made Allawi delay the formation of his government," noting that "he will proceed with choosing his cabinet and present it to parliament early next week."

He explained that "the names will be presented to the members to study the CVs and then define the voting session to pass the government of Muhammad Allawi at the end of next week and give it confidence."

And the Prime Minister-designate, Muhammad Tawfiq Allawi, announced last Saturday the completion of the formation of the new government and its presentation to the House of Representatives this week.    LINK

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Frank26:  2-17-20 CLONE OF TRUMP

This video is in Frank’s opinion

KTFA CONFERENCE CALL INFORMATION: 7PM EST 605.313.5164 PIN: 156996#

Can't join us live? PLAYBACK : 605.313.5163 PIN: 156996#

https://www.youtube.com/watch?v=5mIJtsNCcII

Frank, Delta and KTFA Members Late Sat.PM/ Early Sun. AM

KTFA:

Don961:  HERE COME THE LEAKS ...

DELTA:  THANK U DON .........IF THEY PUT AL SAADI THEY WILL MAKE CITIZEN SO HAPPY HE IS SO POPLAR ..

MilitiaMan:  That would be a good thing and it too would be a timing that thing too. ~ MM

Leaks On The Names Of Candidates For Ministerial Portfolios In The Allawi Government

 February 15, 2020 ( Independent ) ..

Despite the affirmation of close associates of the Prime Minister-designate that the names that are being transferred as candidates for the new cabinet lineup are incorrect, however, social networking sites have circulated today a number of names that were said to receive ministerial portfolios in Allawi's lineup.

The alleged leaks from the ministerial formation indicated the nomination of Lieutenant General Abdel Wahab Al- Saadi to the Interior Ministry, General Juma Anad for the defense portfolio, and economic expert Salam Smeism to the Ministry of Higher Education.

She also indicated that the names nominated for the Ministry of Foreign Affairs revolve between Safiya al-Suhail and Salah al-Tamimi, while she mentioned that expert Ali al-Dahwi is a candidate for the portfolio of the Ministry of Communications.  LINK

DELTA:  Exclusively For "Al-Ahed News" .. Allawi Has Completed The Government Formation And Will Announce It Within 72 Hours

Author: AhadNA4 On 02/25/15 - 9:11 PM  24

Al-Ahed News- Baghdad

Political sources said today, Saturday, that Prime Minister-designate Muhammad Allawi has completed the formation of his cabinet, and will be announced officially within 72 hours, no later than Tuesday.

The sources confirmed to "Al-Ahed News" that the vast majority of the new ministers are from the scientific competencies of residents outside Iraq, all of whom are independent, along with two of the demonstration squares. And he chose them himself without allowing any party to interfere.

She added that Allawi refused to receive any candidate lists from the parties, Sunnis and Kurds, or even negotiate in this regard

She indicated that there is an initial agreement from the various Shiite components, and the majority of 

https://alahadnews.net/?p=22448

Tigg:  Thank you Delta! I remember Frank saying a while back that he likes a Tuesday as opposed to a weekend release..

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Zneopec:  ​IMO: new rate could happen most likely on a Sunday. Long weekend in USA gives our banks more time to prepare for big influx & changes on Tuesday after President's Day 17th. We shall see...If new rate popped tomorrow... think POTUS would really shine like never before on 17th President's Day?

Samson:  Aboul Gheit: The Kurdistan Region is a successful model for governance in Iraq

15th February, 2020
The President of the Kurdistan Regional Government, Masroor Barzani, met on Saturday, the Secretary General of the League of Arab States, Ahmed Aboul Gheit.

This came on the sidelines of the work of the second day of the Munich Security Conference 2020, which is hosted by Germany with the participation of many decision makers in the world.

The meeting reviewed all developments in Iraq and the region, and the need to calm and address disputes through dialogue and peaceful means was emphasized.

A statement issued by the provincial government quoted Abu al-Ghait as saying, "The Kurdistan Region is a successful model for governance in Iraq, and this is due to the wisdom and leadership of President Masoud Barzani, and to your wisdom." He added that the Arab League supports the rights of the Kurds in the context of Iraq.

This thanked the President of the Kurdistan Regional Government, the position of the Arab League, and expressed his hope that it will continue to exercise its positive role for the stability of Iraq and the region. The head of the Kurdistan Regional Government continues to hold meetings with senior global officials participating in the Munich Security Conference 2020.  LINK

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Frank26:  2-15-20 WHAT’S IN YOUR CABINET

This video is in Frank’s opinion

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

Frank26, Delta, Judy and more Wednesday Night 2-12-2020

KTFA:

Frank26:  2-12-20 PEG THIS !

THIS ENTIRE VIDEO IS ALL IN FRANK’S OPINION

Reports from Delta and FF77

https://www.youtube.com/watch?v=1hiru4kyEWE

Zneopec:  MO: IQD will be international dominant currency... Trump will use it to initiate flight from fiat worldwide & blame FED for fall of US Dollar... Q3393 Emergency EO will reinstate GOLD Standard

IQD pegged to Gold?   Gold peg is better than any fiat peg, including fiat basket SDR$

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DELTA:  Financial Situation Tables

 December

Currency lssuance Expenses .......    $46,604,848

WORTH...... 825182180000 DINARS

https://cbi.iq/static/uploads/up/file-158150283232451.pdf

TNT:

Briona:  Jeff Bezos CEO of Amazon has sold off $4.1 billion in stock since the beginning of January. It was reported that at least $1 billion was going to Blue Origin, his space program that will compete with Elon Musk's Space X. Looks like the big billionaires see space, like Star Trek, as the final frontier.

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Courtesy of Dinar Guru:

Pimpy   ...I talked about the currency that was being bought by Iraq from the public.  They were spending somewhere between a billion to $1.5 billion per month in oil revenues to buy currency off the open market and at that time that was 70% of the currency that was out there...what I recently learned was...they destroyed 70% of the currency...we know that less than 5%...is in the country.  I still think it's lower than that...if you look at all the goods they have and you try to come out with a rate...you're probably looking at 4 or 5 cents.  That's not unrealistic...in the paperwork I saw a rate of $1.34...The BTI report shows you two rates...$1.71 and $1.13.  There's good arguments why you shouldn't trust those.   It has to do more with the money supply that's out there...I think the rate's gonna be $1.34.  It's gonna be locked there for about 3 years...

Bruce   ...we have heard that the Forex will update their rates tomorrow [Wednesday] morning  between 2 & 2:30 in the morning – and we understand that the Iraqi Dinar will be one of those which will update to a new rate...   ...the fact that all banks have received their final instructions and the fact that yesterday the redemption centers and Tier 1 banks  have got their final briefing for a little over 3 hours – that put us in a position to be able to get started anytime now...I have heard from another source entirely that this will be a week for us like no other – Now, I know we’ve heard things like that in the past... I can just tell you maybe this is a week like no other – It could very well be...

Special Restored Republic via a GCR Report as of Feb. 12 2020

(Excerpts) Compiled by Judy Byington

Judy Note: Mike Cottrell said that “The Source” called him on Sun. 9 Feb. and claimed that the whole operation was and I quote, “in process.” “The Source” also called Okie on Sun. 9 Feb. and reported that the reset was in process. “The Source” was an attorney, federal agent, Director of North American Treasury Redemption and representative of 27 Royal Chinese families who held the gold bullion that backed the Global Currency Reset. If anyone knew what was going to happen on the GCR it would be “The Source.”

Happenings of Wed. 12 Feb: On Sun. 9 Feb. “The Source” told Okie that we could get the 800#s by Wed. 12 Feb, plus that something big was to happen on Wall Street on Wed. 12 Feb. On that same Sun. 9 Feb. “The Source” also told Mike Cottrell that something big was going to happen in the Markets on Wed. 12 Feb. Bruce claimed that it was possible Tier4b (us, the Internet Group) could start Wed. 12 Feb. about mid to late morning. MarkZ said all sources including Zurich and his Paymaster were looking for liquidity by Wed. 12 Feb. or Thurs. 13 Feb. MarkZ’s Wall Street guys felt there would be major movements in the Markets on Wed. 12 Feb. Iraq wanted this to go on a Wed. Kuwait went on a Wed. The Forex would update their rates early Wed. morning 12 Feb.

Wed. 12 Feb. MarkZ: Asia Contacts were expecting liquidity on Thurs. 13 Feb. Snake: No one can give an exact timeline for liquidity, but we were very close. Exchange centers were on an hour alert and expecting the reset this week.

Recent History of the GCR:

End of Nov. 2019: Mike Cottrell verified that President Trump signed the Global Currency Reset release date over to the military and we would see it very soon. With a purpose of stopping corruption, the Debt Jubilee would take place at the same time as the GCR. The Debt Jubilee would zero out current derivatives (bank debt including mortgages) and put gold/asset-backed currencies of the world at parity with each other.

Wed. 5 Feb: Reliable sources verified that the Global Currency Rest officially began after President Trump was vindicated from indictment by the US Congress.

Mon. 10 Feb. Paymasters: A well-connected contact reported that Paymasters were put on an hour-to-hour alert on Mon. 10 Feb, while Bruce claimed that Banks and Redemption Center staff received their final instructions on Mon. 10 Feb. and Tues. 11 Feb.

Iraqi Contacts: felt the reset would happen between Tues. 11 Feb. and Fri. 14 Feb.

Fri. 14 Feb: Evidently President Trump was scheduled to be in Geneva on Fri. 14 Feb, while Sources claimed that Sat. 15 Feb. would be our drop dead date for the reset.

On the Restored Republic: So far the Democrats have wasted millions of taxpayer dollars,178 days on impeachment and three years in a witch hunt to destroy a US President duly elected by The People. One wonders why? Glen Beck explains in this must-watch about Trump, Democrats and the Ukraine Scandal: https://www.youtube.com/watch?v=dCSwqca8KXU

A. Feb. 12 2020 Morning Chat with MarkZ: https://www.twitch.tv/theoriginalmarkz

1. Sam Oliver on the Stock Market: “Hang on for the ride of your life.”

2. Great expectations for today Wed. 12 Feb. Watch the Markets.

3. Asia Contacts were expecting liquidity on Thurs. 13 Feb.

4. Snake: No one can give an exact timeline for liquidity, but we were very close. Exchange centers were on an hour alert and expecting the reset this week.

5. They were still selling Dong at Wells Fargo and Chase Banks.

B. Feb. 12 2020 3:56 am EST Money Market Riggers and the New Financial System: The Money Market Riggers: We are Living like Medieval Serfs

1. By experimenting with quantitative easing and negative interest rates we were living like medieval serfs. Central Banks were not tied to checks and balance audits.

2. The new Quantum Financial System had accounts for each and every human being on this planet. Real money was linked with gold.

3. A New Monetary System to end the Cabal’s corruption, usury, and manipulation was set to be run on a quantum computer, based on an orbiting satellite and protected by Secret Space Programs, to ensure that it could not be hacked.

4. The purpose of the new financial system was to put an end to Cabal corruption, usury, and manipulation within the whole banking world. The key was to implement limitations that would prevent corrupted Banksters from gaining excessive and dishonest profits.

5. All Cabal assets were to be seized by the Alliance and redistributed to benefit humanity.

6. The RV has evolved beyond a simple revaluation and currency. It would be handled through the Quantum Financial System (QFS). The QFS has accounts for each and every human being on this planet. Compensation funds would be given to every human being, everything the Cabal has stolen would be directly deposited into individual QFS accounts.

7. The Quantum Financial System would be publicly explained after the full disclosure event, as the enactment of GESARA – Global Economic Security Reformation Act – was announced.

8. Assets would be connected to a true algorithm that predicted actual prices based on production and demand, ending Market rigging.

9. The QFS would be enacted with:

Implementation of the Gold Standard
Debt Elimination
20% flat tax on new goods only
Elimination of all income tax
Elimination of government subsidized pharmaceutical drug pushers

Courtesy of Dinar Chronicles

Read full post here:  https://inteldinarchronicles.blogspot.com/2020/02/restored-republic-via-gcr-special_12.html

Delta, Frank and KTFA Members News 2-11-2020

KTFA:

DELTA:  ISO 4217 Code

IQD

Central Bank

Central Bank of Iraq Currency Subunits

Fils = 1/1,000 of a Dinar

Denominations

Bills: 50, 100, 250, 500, 1,000, 5,000, 10,000, 25,000 dinar

Coins: 25, 50, 100 dinar 

Countries Using This Currency

Iraq

Currencies Pegged To IQD :

None

IQD Is Pegged To:   None

https://www1.oanda.com/currency/iso-currency-codes/IQD

Frank26:  WOW .................. FASCINATING !!!

Monday Night CC 2-10-2020

Playback Number: 605-313-5163 PIN: 156996#

https://fccdl.in/ED6PUUJ15o

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Samson:  Source: Allawi completed his cabinet, leaving only four ministries

11th February, 2020

A political source very close to decision-making revealed on Tuesday that Prime Minister-designate Muhammad Tawfiq Allawi had completed his cabinet, leaving only four ministries.

The source said to "Al-Ikhbaria", "Muhammad Tawfiq Allawi, faced a great difficulty in choosing the new cabinet, due to the pressures he faced from the two parties of power."

He explained that "the ministerial cabinet is close to completion, and only the ministries of Finance, Defense, Oil, and Higher Education are left, pending the final agreement with the Kurdish party to complete the cabinet."

It should be noted that only 10 days have passed since the assignment of Allawi by the President of the Republic to their villages, Saleh.   LINK

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Don961:   After warning the American embassy, ​​a deputy in Al-Fatah reveals the site of the upcoming demonstration in Baghdad and explains its objective

Politics 02/20/2020 16:07 2147    
Baghdad Today - Baghdad

The deputy of the Al-Fateh Alliance, Abbas Shuail Al-Zamili, commented on Monday (February 10, 2020) on the recent warning of the US embassy to its citizens in Iraq on demonstrations expected to take place during the next three days near Baghdad Airport and Najaf Governorate.

Al-Zamili told (Baghdad Today), "The US embassy alert to its citizens in Baghdad from demonstrations that may be launched in the coming days in Baghdad, and Najaf is not considered an early warning and fears the memory of the forty leaders of the popular crowd."

He added that "the demonstrations in the squares will not take more space in the coming days because the most demands of the demonstrators have been fulfilled," noting that "the demonstrations that will be witnessed by Baghdad and a number of governorates on the occasion of the memorial commemoration of the martyrs of the popular crowd, will be in specific areas and will never go out of the memorial."

Al-Zamili said, "The memorial will be near the assassination of the two martyrs Abu Mahdi Al-Muhandis and Qassem Soleimani near the Baghdad International Airport, provided that the airport movement is not damaged by it."

Earlier, the American Embassy in Baghdad, on Monday (10 February 2020), issued an alert to its citizens regarding the demonstrations that may be launched in Baghdad and Najaf during the next three days.

"According to reports, large-scale demonstrations, events and processions are expected to take place in Baghdad from February 11 to 13, as well as in Najaf on February 14, as is the case with previous demonstrations and road closures," said a statement obtained by the embassy (Baghdad Today)). Noting that "demonstrations may be launched in the vicinity of Baghdad International Airport."

He added, that "the general consular operations in Baghdad are still pending," stating that "American citizens should not approach the American embassy in Baghdad."

The embassy statement continued, "The American General Consulate in Erbil is open for visas and appointments for the services of the American citizen, including the issuance of the passport."

The embassy statement called on "citizens of the United States in Iraq or interested in the family in Iraq to contact the State Department."

While stressing that "the measures to be taken: (according to travel advice on January 11, 2020, do not travel to Iraq, avoid demonstration areas, monitor local media)."   LINK  

ChrisC:  This is an interesting line...

"the demonstrations in the squares will not take more space in the coming days because the most demands of the demonstrators have been fulfilled,"

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Samson:  Legal: Iraq will face international sanctions if the Security Council does not submit the results of the investigation to the killing of the demonstrators

9th February, 2020

Today, Sunday, Iraqi legal expert Ali al-Tamimi revealed that Iraq will face international sanctions in the event that the results of investigations by killing demonstrators are not handed over to the UN Security Council.

Al-Tamimi told Al-Akhbariya: “The Security Council depends on gradualism in decisions. It starts from alerting and warning, then forming committees, preventing travel and the economic blockade, then switching to military sanctions and guardianship when states do not abide by resolutions in accordance with Articles 38 to 51 of the Charter of the United Nations.”

He added: "If Iraq does not comply, we will be in front of it, just as the violation of human rights is the most serious impact on international law and the United Nations Charter.  It is the ones that bring down the countries as happened to Iraq before 2003 in resolution 688 and longitude 36 and 32."

Al-Tamimi said, "This was accompanied by the American bill proposed by the American Congress on the American State Department, this law differs from the American treasury decisions, which is moral," stressing, "But this law, which will be legislated after 90 days, has an international character and may allow the use of military executive force." Inside Iraq, if the situation continues as it is."

LINK

Samson:  Allawi stressing: Lists of the names of perpetrators of crimes against the demonstrators will be in front of the International Criminal Court soon

10th February, 2020

The leader of the National Coalition, Iyad Allawi, confirmed today, Monday, that lists of names of perpetrators of crimes against demonstrators will be before the International Criminal Court soon

Allawi said in a tweet on his personal page on Twitter followed by "Al-Akhbariya", that "those involved in violence against demonstrators will not escape from the grip of justice," noting that "the cries of condemnation are not enough about what happened in Nasiriyah and the previous suppression and violence that preceded it."

He added, "A committee of lawyers began preparing lists of names of those who participated in these crimes in order to submit them to the International Criminal Court."

It is noteworthy that he committed repressive crimes against demonstrators in Baghdad, Najaf and Basra, leaving a number of martyrs, and wounded.   LINK

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Samson:  Legal: Trying 100 killers, dissolving parliament, and early elections are the solutions for Allawi to win the demonstrators

11th February, 2020

Today, Tuesday, legal expert Ali al-Tamimi confirmed that Prime Minister-designate Muhammad Tawfiq Allawi had two legal steps to win the demonstrators.

He said in a statement, "Al-Ikhbaria" received a copy of it, that the first step is "coordination with the Supreme Judicial Council to form a specialized court to prosecute the killing of the demonstrators, who numbered as many as 100 killers, as indicated by statistics. With this move, an international legal move on the International Criminal Court to try those who carry Foreign nationality and the formation of a team of law attorneys for that."

He added that the second step is "holding early elections in coordination with the President of the Republic to dissolve parliament in accordance with Article 64 of the Constitution and calling for early elections under the supervision of the United Nations," noting that "if he does so, he will win the people."   LINK

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Samson:  Integrity seizes an Iraqi official who is caught in the act of receiving thousands of dollars in bribery

11th February, 2020

The Integrity Commission announced, on Tuesday, the arrest of an official of the Antiquities and Heritage Authority, in the act of corruption

"Its owners managed to seize the director of the legal department of the General Authority for Antiquities and Heritage in the company of another employee in it, for the crime that they received for the amount of (12,000) USD, in exchange for changing the discovery of an ancient building," the authority said in a statement to Shafaaq News

And indicated that "the defendants agreed to submit a new disclosure for the purpose of the legal department withdrawing the complaint submitted by it before the Money Laundering and Organized Crime Court against the owner of the property of the antique building, and closed the investigation with it

The authority added that "a fundamental arrest report was prepared for the exact amount of bribery, the numbers and details of which are fixed by the investigation papers, and presented to the judge of the investigative court in charge of integrity issues in Baghdad, who decided to arrest the accused in accordance with the provisions of resolution (160 of 1983)

Iraq is among the most corrupt countries in the world, since successive governments have been unable since 2003 to provide basic services such as electricity, drinking water, health and education services, and others

Iraq ranked 168 out of 180 countries in 2018 according to the "Transparency International" report, a rank that has been repeated for 15 years in a row  LINK

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Samson:  Oil prices are taking their breath after the sharp decline under the pressure of Corona

11th February, 2020

Oil prices rose on Tuesday, from their lowest levels since December 2018 after being affected by weak Chinese demand in the wake of the outbreak of the Corona virus, and waiting for dealers to see whether Russia will join other producers in seeking further production cuts

Brent crude prices rose by 70 cents, or 1.31%, to $ 53.97 a barrel, and US benchmark West Texas Intermediate crude prices fell by 60 cents, or 1.21%, to record $ 50.17 a barrel

It is noteworthy that oil fell more than 25% from its peak on January 8, and US crude fell from the level of $ 50 a barrel after the outbreak of the Corona virus damaged the demand for crude in China, the world's largest oil importer, and fueled fears of a surplus in global supplies   LINK

Frank26 "What If the CBI Is Having Meetings?" 2-10-2020

KTFA:

Frank26:  2-10-20 WHAT IF THE CBI IS HAVING MEETINGS

"WHAT IF"..........THIS IS ALL IN FRANK'S OPINION

The Fab 4, (IMF, WORLD BANK, U.S.TREASURY) The CBI and MTA (Allowi) need to come together so a certain switch is flipped.

So what if the CBI is having meetings right now? Who would they have these meetings with? Obviously those to pass the baton too……with the new rate.

IMO the new small category notes have already been delivered to the banks. And imo they were given a schedule . Whats on that schedule?   How about a date. And what if the CBI has had a second meeting with all the banks in Iraq about 6 days ago…….I sure have a lot to tell you tonight…..

I will be reading our fireflys reports tonight at 7 pm est. .

The second part of our Monday night CC tonight will be Walkingsticks report

Monday Conference Call: 605-313-5164 PIN: 156996#

Playback Number: 605-313-5163 PIN: 156996#

https://www.youtube.com/watch?v=K-fSwvB6ZXs

Frank26 Videos "Move Over CBI- Daddy's Home" 2-8-2020

KTFA:

Frank26:  2-8-20. MOVE OVER CBI DADDY’S HOME

THIS ENTIRE VIDEO IS ALL IN FRANK’S OPINION

Frank video update, Eddie’s (FF77) Report and Q&A 

https://www.youtube.com/watch?v=Jl76FQNIPOE

Frank26:   2-8-20 part 2/3

https://www.youtube.com/watch?v=aeOiqiia6Xs

Wednesday Night Frank26 Video "Paper Cut" and more 2-5-2020

KTFA:

Frank26:  2-5-20 PAPER CUT

This video is in Frank’s opinion

They are talking about a reinstatement and that is not 1 to 1

https://www.youtube.com/watch?v=vKKxxNc-fMk

Don961:   The central achieved achievements in the payments system

Wednesday 05 February 2020

Baghdad / Al-Sabah

 The Central Bank of Iraq revealed achievements in payment systems in the Payments Department that included a group of hubs.

He added in a bulletin on the central bank's website and followed by "Al-Sabah" that the most important achievements in payment systems in the Payments Department in Iraq were represented by activating the IBAN, which means (International Bank Account Number) on the payment system (RTGS-ACH), which is defined as the international bank account number and based on international special specifications, it is a special pattern of bank customer account numbers that allows its users To verify the validity of the account number transferred to it, and the banks were instructed to approve the unified IBAN in internal transfers as of 1/2/2017.

International standards

He referred to "starting work to assess the readiness of the Iraqi payments system in line with international standards (PFMIs) for the World Bank to improve payment and settlement systems in Iraq within the agreement with the World Bank, which deals with electronic payment systems in the country."

He indicated that the mechanism of paying the salaries of employees of institutions and state departments has been reformed by localizing their salaries with bank accounts and this bank is keen to meet all requirements to implement the process of localizing salaries in banks and converting the system of paying salaries to civil employees, including allocations and benefits, to a system electronic".

Successful localization

He pointed out that it is in this sense that "the Central Bank of Iraq, in cooperation with the banks, sought to bring this project into existence and the success of the localization process for salaries, and work has begun to localize the salaries of the bank's employees, so that the circular will be circulated to the rest of the ministries and all state departments during 2017."

He continued, "Enhancing the role of payment systems in financial inclusion through digital services provided by banks and electronic payment services providers, as it represents an important dimension in the central strategy and automation of work through the use of electronic payment tools and encouraging the use of financial and banking services provided by banks and electronic payment services providers And it supports small, medium and micro enterprises and facilitates their access to finance. "

In addition to "activating electronic payment processes between ministries and government institutions", as well as "evaluating banks and providers of electronic payment services technically, through the evaluation of technical aspects, electronic services and basic banking systems through which it is inferred at the level of banking efficiency in providing electronic services To customers. " LINK

Don961:   A relative view of the banking indicators

Wednesday 05 February 2020

Dr.. In the name of Brahimi

The concept of banking intensity refers to the population of each bank in a country and is one of the banking indicators adopted in economic and financial analysis, and then whenever this indicator falls, this indicates the spread of banking habits, in the European Union this indicator scored (1500) people per bank and accordingly it is better Of it in the United States, where five thousand people registered for each bank, except that the forms that some research suffers from are taking the index absolutely without looking at the specificity of the economy in terms of degree of financial depth or technological progress the user. 

Therefore, we find a lot of people interested in banking issues and even some officials believe that this indicator in Iraq, which amounts to ten thousand people, will decline for each bank, and they will make recommendations on improving it by increasing the number of banks and banking branches in order to achieve this. And its privacy.

The number of banks in Iraq is currently (76) banks, knowing that the number of their branches combined is close to (1310) branches, and this matter will definitely improve the percentage of banking density in Iraq, but the most important question is to what extent will be achieved that? 

To know the answer, it is necessary to return to the previous question, and within the framework of the answer a number of indicators should be reviewed, including the percentage of cash leakage that reaches in Iraq to about (70%), which represents the percentage of what is in the currency outside the banking system out of the total issued currency, and this it indicates weakness in dealing with the banking system despite its improvement as a result of the numerous measures taken by the central bank, especially the salary settlement project, in addition to that (80 percent) of the deposits are almost with the Government banks

On the other hand, the percentage of bank liquidity is around (90 percent) and it exceeds the standard ratio that was set within the requirements of Basel, and this means that banks were unable to use the available liquidity due to them on the one hand, due to the high hedging on the one hand, and the tightness and instability of the market on the other hand.

We see the need to overlook the progress achieved in the work of the banking sector. The index of banking intensity with relative measurements is high for us, not the opposite, as many believe.  LINK

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Don961:  Calls to employ Iraqi expertise to support the economic sectors

Wednesday 05 February 2020

Baghdad / Hussein Faleh

 Experts and specialists in the Iraqi economic affairs stressed the need to employ Iraqi expertise and competencies in institutions concerned with economic sectors, because they are capable of advancing the national economy, noting that the revitalization of the national industry will provide job opportunities for the unemployed and provide the federal budget with hard currency.

The expert in industrial affairs Abdul Hassan Al-Shammari said, in a special statement to "Al-Sabah": "Iraq possesses the economic ingredients that help the development of the local industry and promote it, through human capabilities and potentials, but these ingredients need to be activated, through legislation Special laws that support and advance the domestic product. "

Protect the product

Al-Shammari added that “there are legislative laws since 2010 and until now that have not been effectively implemented, such as the customs tariff law and the consumer protection law as well as the national product protection law,” noting that “the enforcement of these laws will ensure the support of the national industrial product and provide the necessary protection for him".

He pointed out that "there are expertise and competencies in Iraq that can be employed correctly in economic institutions that are concerned with the productive sectors in order to be able to move the wheel of development in the country, stressing that there are industrial factories that have begun to work and produce but they are afraid of the importer who invades the markets because of the lack of total control over the ports Borderlands.

The imported material

He stressed "the necessity to prevent imported goods that are similar to them produced in Iraq, to ​​encourage producers to increase the yield of their production from the various consumed products, indicating that" the cost of the local product is higher than the importer, which makes the price of the imported material less than the local material. "

He pointed out that "the national industry needs a number of issues for the purpose of its advancement, including activating laws to protect the product, as well as supporting industrial producers with soft loans that are implemented on the ground smoothly, easily and without complications," noting that "the projects that the government launched earlier were tantamount to Boring measures that make industrialists reluctant to take out loans because of impossible conditions and real estate guarantees Etc. "

He explained that "revitalizing the local industry will provide millions of job opportunities for the unemployed and provide the budget with hard currency, pointing out that the hard currency comes out with tens of billions annually for the purposes of imports."

To that, stressed the economist, Star El-Fili, "the need to pay attention to the Iraqi competencies and benefit from the experiences they have to advance the productive sectors."

 Economic institutions

Al-Faili said in a statement to that “Iraq possesses a group of experts and competent competencies in various fields, especially economic ones, that can be used in economic institutions to advance the productive sectors. To this slide and benefit from their experience. "

And he stressed "the need to benefit from the experiences of global countries to develop the national economy through concluding economic agreements to create a major economic revolution that starts from the industrial sector, through agriculture, to production sectors. The other. " LINK

Lynette Zang, Frank26, KTFA and more Wednesday Afternoon 2-5-2020

Lynette Zang

TREASURY YIELDS HEADED FOR RECESSION All Time Lows & Loss of Control

Streamed live 101 minutes ago

Thanks to the Fed’s “not” QE buying of short-term treasuries that began on August 21, 2019, the Fed’s key recession indicator, 3-month treasury yields vs 10-year treasury yields, were forcefully pushed out of inversion on October 11, 2019. But it didn’t last. Why?

 Because of the possible impact of the coronavirus on the global economy. But frankly, it runs much deeper than that.

This retest of inversions that began on December 4, 2018 are telling us that the Fed is losing control as are all central bankers.

What happens when an abuser begins to lose control? They attempt to grab even more control. Central bankers are no different and their traditional tools no longer work, which forces even greater experimentation, in an attempt to remain in control.

Good thing there is a leader in fiscal experimentation…Japan. What about gold? Spot gold in terms of Japanese Yen just concluded a major cup formation (key accumulation pattern) that began in March 1980! The next step would be the 203,368.4 billion yen all time top established in January 1980. At this writing, with spot gold at 171,703.5 billion yen and the BOJ committed to printing the yen into oblivion can a new spot gold high be far off? STAY IN THE KNOW!

https://youtu.be/PqLXbqR3nKg?t=3

Courtesy of Dinar Guru

Brad   ...looks like so far the little time Allawi has been in he's getting things done which is good.  We want to set the government for this revaluation to take place.  We want Iraq as stable as absolute possible...

Frank26   ...I believe a couple months ago Donald Trump invited MTA [PM Allawi]...MTA and Donald Trump talked about the monetary reform.  And apparently when this guy came to Washington D.C. he gave a complete pre-interview to many business owners of Iraq...this happened 4 or 5 months ago...When he came to see Donald Trump I believe he passed Donald Trump's litmus test...He was being interviewed to be Prime Minister IMO...Donald Trump is a business genius mastermind...This was prepared way in advance in silence...All that MTA is saying right now in Iraq has been talked and discussed thoroughly by Trump and MTA many months ago...IMO Trump has a vision for Iraq...

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KTFA:

Samson:  Oil rises in hopes that production cuts will dispel the impact of the Coruna virus

5th February, 2020

Oil prices rose on news of OPEC and its allies studying greater production cuts to counter a possible decline in global oil demand as a result of the rapid spread of the Chinese Corona virus

The global benchmark Brent crude futures rose 31 cents, or 0.6 percent, to $ 54.27 a barrel, while US West Texas Intermediate crude futures increased 21 cents, equivalent to 0.4 percent, to $ 49.82 a barrel, and the two crude rose more than 1%

At yesterday's meeting, the Organization of the Petroleum Exporting Countries (OPEC) and its allies, led by Russia, the group known as OPEC +, heard a Chinese envoy to the United Nations in Vienna yesterday to assess the impact of the Corona Virus outbreak on global oil demand and economic growth

Producers are considering further cuts to production and offering a meeting due in March to February

Meanwhile, US crude oil inventories increased in the week ending January 31 by 4.2 million barrels to 432.9 million barrels, according to the American Petroleum Institute data released yesterday, and the number is higher than analysts' expectations of an increase of 2.8 million barrels

The weekly report of the US Energy Information Administration is scheduled to be released later today, Wednesday   LINK

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Samson:  International financial experts: Iraq paid Kuwait $ 49.2 billion and the remaining 3.2 only
5th February, 2020

The International Experts Committee confirmed, today, Wednesday, that Iraq paid Kuwait compensation 49.2 billion dollars and the remaining 3.2 billion dollars only

The committee, as the supervising authority for the follow-up of the DFI account and its alternative account, said in a statement, "Economy News" received a copy of it, that "the total amounts of compensation required by international decisions on Iraq in favor of Kuwait were 52.4 billion USD", indicating that "The amount paid from it until January 2020 amounted to 49.2 billion dollars, and the remaining amount of these compensation is 3.2 billion dollars

The committee expected to "pay the full amount in the first half of 2021 and close the file of compensation to secure the final exit from under Chapter VII in the event that oil revenues continue at the same current rates

All Iraqi revenues from oil exports are deposited into the "Iraq Development Fund", and the United Nations withdraws 5% of these revenues, which are the compensation granted to Kuwait for the 1991 war, while the Ministry of Finance pays all Iraqi debts before the government receives supervision of the "Development Fund for Iraq

The Financial Experts Committee was established on the basis of the Cabinet’s decision and started its work on 1/4/2007, as an alternative oversight body for the International Council for Advice and Supervision, which currently oversees the Iraqi public funds spent on the production and export of oil and petroleum products   LINK

Pete2001: seems like this would be paid now .... 3.2 billion if it is required to get out of Chapter VII....For Frank, MM, 2 cents, Delta is this needed to have RI done?? or anyone else?

Tommy17:   No.  IMO  check final article threads  Even the imf mid last year came out and said “ they were article 8 compliant. Iraq just needs to announce it.

DCDriver:  Just some thoughts:   To me it is not out of the realm of possibilities that Iraq is planning on changing their fiscal year to start on April 1st, the same as Kuwait.

Let's not forget that Kuwait was part of Iraq at one time. There could be some fiscal alignment that will take place with Kuwait in order to usher in a more cohesive monetary structure that will become the model of the Middle East, especially if the Iraq currency comes out at or around the same value as Kuwait.

This could be the beginning of things to come for neighboring countries to align themselves to a "hub" or epicenter that Frank speaks of.   Food for thought

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Samson:  A legal expert clarifies the authority of the next government to amend the budget

4/2/2020 9:10 PM

The legal expert, Tariq Harb, confirmed that the next new government has the right to make amendments to the draft budget budget for the year 2020.

Harb said in a press statement that the next government has the right to make amendments to the draft budget law, adding that it has the right to send the bill to the House of Representatives an hour after it gains the confidence of the parliament, because the draft law is ready and has been organized by the previous government

He added that the bill would be sent by the government after it held a meeting in which a vote would be taken to send the bill to the parliament

The Parliamentary Finance Committee revealed that the next federal government to be formed by Prime Minister-designate Muhammad Allawi will make amendments to the draft budget law in 2020

Committee member Shirvan Mirza said in a press statement that "the next federal government may make amendments to the federal budget bill for the current year, indicating that this depends on the government's program

" It could be the government opinion and other trends may make changes to the bill may not make any amendments because the time delay for approval," pointing at the same time that it is not currently known whether the Government carried out any amendments to the draft budget or not?  LINK

Frank26 and KTFA Members Tuesday PM 2-4-2020

KTFA:

Clare:  FAMILY UPDATE FROM FRANK:

JUST GOT WORD, THE CITIZENS OF IRAQ ADMIT THEY WANT,
MTA- Muhammed Tawfiq Allawi…

BUT THEY DON’T WANT HIM BECAUSE SADR GOT INVOLVED…..

EDDIE SAID ALLAWI, TOLD THEM ON TV HE WANTS TO STICK AROUND…TOLD THE CITIZENS YOU CAN HAVE “WHATEVER YOU WANT”!…..

ALLAWI IS SAYING THE MAIN OBJECTIVE OF HIS GOVERNMENT IS IMPLEMENTING THE GOVERNMENT REFORMS….

AND THE GOVERNMENT REFORMS MEANS THE MONEY!...........FRANK26

Samson:  How will the Allawi government deal with the 2020 budget?

4th February, 2020

Member of the Parliamentary Services Committee Jassem Al-Bukhati confirmed, Tuesday, that the government of the new Prime Minister Muhammad Tawfiq Allawi will review the 2020 budget because its vision differs from that of the previous government, noting that all decisions issued during the period of caretaking of the cabinet and ministries will be reviewed to know the extent of its constitutionality During that time.
Al-Bukhati said in a statement to the "information", that "the government of Muhammad Tawfiq Allawi will not send the budget if it is given the confidence of the House of Representatives, but will review it according to the data of the stage." As it is the body that will send it to Parliament.”

He added that "the Adel Abdul Mahdi government during the period of caretaking committed several violations by issuing decisions that are not permitted by the constitution, and thus all decisions issued by the cabinet and ministries will be reviewed during the period of caretaking for constitutional compliance."

The member of the Parliamentary Finance Committee, Magda Al-Tamimi, confirmed in a previous statement to / the information /, that the government had implemented the 2020 budget law before its resignation, expressing its surprise at the failure to send the budget after its completion.  LINK

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Samson:  A parliamentary committee reveals the surplus in the investment budget for 2019

4th February, 2020

A committee evaluating the governmental program and parliamentary strategic planning revealed, on Tuesday, the financial surplus in the investment budget for 2019, while it showed that the expected deficit in the 2020 budget is inaccurate and merely a planning deficit that does not exist on the ground.

A member of the committee, Inaam Al-Khuzai, said in a statement to "Information", that "the government allocated 33 trillion Iraqi dinars to the investment part of the 2019 budget, of which only 11 trillion dinars were used until last October," noting that "all projects were suspended since October due to the protests." Popularity.”

She added that "the surplus from the investment budget amounted to 22 trillion Iraqi dinars that can be re-allocated to investment projects or to pay off external debts", indicating that "Iraq pays 13 trillion Iraqi dinars for foreign debt and may benefit from those excess funds in this aspect."

It showed that "the expected deficit in the budget of 2020, amounting to 48 trillion dinars, is exaggerated and does not exist on the ground, as it is planned and not real."

The Parliamentary Finance Committee confirmed, earlier, that the Parliament will receive the federal budget bill for 2020 from the Council of Ministers in the month of April.    LINK

Don961:  America sets a new rule to impose fees on countries that devalue their currencies

- 11 Minutes Ago

The US Department of Commerce is putting the finishing touches to a new rule to impose anti-subsidy duties on products from countries that the department sees as depreciating its currencies against the dollar, including likely China.

The move, taken by Washington on Monday, could be a new nuisance in trade talks between the United States and China just weeks after the world's two largest economies signed a one-stage trade agreement between them and one day after Beijing accused Washington of spreading fear of the rapidly spreading Corona virus that He grew up in China.

In theory, the new rule would allow the Commerce Department to impose duties on China although the US Treasury recently deleted its classification of China as a currency manipulator under the one-stage commercial agreement.

The Commerce Department said the rule would not apply such duties to all imports from a particular country as it does not all harm US industries. "The administration of President Donald Trump is doing the right thing by confronting the problem directly," the ministry said in a statement.

Trade Minister Wilbur Ross said the new rule represents another important step aimed at "creating space for American companies and workers."

In addition to China, the new base may put other countries' products at risk of increasing tariffs, including Germany, Ireland, Italy, Japan, Malaysia, Singapore, South Korea, Vietnam and Switzerland.
(Reuters)    LINK

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Don961:  In the history of the Iraqi state, a deputy reveals the highest corruption rate recorded in 2019 and talks about two reasons

Politics 02/20 2020 18:32 1137 Editor: ht   
Baghdad today - private

Member of the Victory Alliance, Faleh Al-Ziyadi, affirmed on Tuesday (04 February 2020) that last year witnessed the highest percentage of corruption cases registered since the founding of the Iraqi state, indicating that the abolition of the offices of general inspectors contributed greatly to the high percentage.

Al-Ziyadi told (Baghdad Today), "Corruption has become politically protected, and in 2019, there has been a significant increase in the percentage of corruption cases since the founding of the Iraqi state, due to mismanagement, and the abolition of offices of public inspectors in state ministries, which made corruption legislated with legal and administrative cover."

He added that "the file of corruption and its seriousness was presented in a wide-ranging meeting held yesterday with the Prime Minister-designate Mohamed Allawi," noting that "restoring the prestige of the state and restricting weapons to the security services and eliminating financial and administrative corruption will push members of the House of Representatives to support Allawi in his subsequent steps."

The MP, Abdel-Khalek Medhat, confirmed Thursday, January 16, 2020, that "the essence of corruption" in Iraq lies in the economic offices of the influential parties.

Medhat said in an interview with (Baghdad Today) that "corruption in Iraq is great and it is no less harmful to terrorism with its repercussions and negatives," noting that "the essence of real corruption lies in the economic offices of the parties that were behind the creation of the black scourge, in reference to corruption." .

 Medhat added, "All solutions to tackle corruption in Iraq are formal, and most of them end without deterrent solutions and procedures." He stressed that "implementing a law from where did you get this and removing the country's capabilities from the economic offices of the parties is the one that addresses the scourge of corruption in the country that was behind the conditions reached The current special. "

He pointed out that "most of the governorates suffer from a lack of services despite the large budgets that have been allocated for 17 years."  LINK