KTFA Monday Night CC and more: "The Rest of the Phenominal Articles!" 7-12-2021
.KTFA:
KTFA Monday Night CC
Frank26: “THE NEXT SET OF PHENOMENAL ARTICLES”
This video is in Frank’s and Team’s opinions.
Franks team is Walkingstick, Petra, MilitiaMan and Eddie from Iraq.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA:
KTFA Monday Night CC
Frank26: “THE NEXT SET OF PHENOMENAL ARTICLES”
This video is in Frank’s and Team’s opinions.
Franks team is Walkingstick, Petra, MilitiaMan and Eddie from Iraq.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
Samson: The UAE decides to issue a digital currency and support the digital transformation of the financial sector
07/12/2021 13:05:06
The Central Bank of the Emirates announced its most important trends during the period from 2023-2026, through which it seeks to be among the top 10 central banks in the world, according to the Emirates News Agency (WAM).
The Central Bank’s directions in the coming years are based on achieving 7 goals, including issuing a digital currency and supporting digital transformation in the financial services sector, by adopting the latest technologies in artificial intelligence and big data.
The directions include “the use of technology in regulatory and insurance systems, and the use of digital identity infrastructure, to enhance financial inclusion and access to financial services faster and better.”
In addition to the "goal to develop a strong and secure financial cloud infrastructure for the financial and insurance sector services", the directions include supporting the green economy in the UAE, continuing to develop the financial infrastructure, and promoting innovations to support the UAE's competitiveness in this field. LINK
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Samson: Question and answer.. What are the pros and cons of deleting zeros from the Iraqi currency? And what are the conditions for that?
12th July, 2021
Iraq is witnessing a severe financial crisis that began with the outbreak of the Corona virus last year and the decline in global demand for oil, which represents nearly 91% of Iraq's financial imports.
With the continuation of the financial crisis and the failure to pay the salaries of employees last year, the Iraqi government resorted to what was called the Iraqi government reform paper (the white paper), which included the devaluation of the Iraqi dinar against the US dollar, and the decision entered into force at the beginning of this year.
With the rise in oil prices globally, the Iraqi government has been thinking about long-term financial strategies that may protect the country from falling into a financial crisis that may be more influential, without specifying a date for the implementation of this step.
Saleh believes that deleting zeros from the currency is a necessary condition for reducing accounting numbers and facilitating arithmetic use
What are the conditions for deleting zeros?
Deleting zeros from the Iraqi currency requires the fulfillment of two conditions, according to Saleh. The first is price stability within the country, which means the stability of the dollar exchange rate against the Iraqi dinar, which is still witnessing relative volatility after the Iraqi government decided to raise the value of the dollar at the beginning of this year.
As for the second condition, Salj adds in his speech to Al Jazeera Net that it is represented by stability in political life inside Iraq, which is what is required to change the exchange rate from laws and political consensus and so on.
Why deleting?
In his interpretation of the reasons for deleting 3 zeros from the Iraqi currency (a dollar is equivalent to 1450 Iraqi dinars), Saleh comments, "The importance of deleting zeros from the currency and slimming its units as a necessary condition to reduce accounting numbers and facilitate arithmetic and the cost of managing new large numbers and the absence of small numbers and fractions."
He continues that the slimming of coins comes because of their role in sustaining the calculation of huge numbers of financial values that are not absorbed by ordinary computers due to the large number of decimal places and the emergence of many accounting errors, especially when dealing with trillions, which means that one number in front of it has 12 decimal places.
Regarding the importance of the deletion process and the extent of its realism, Saleh indicated that the Central Bank of Iraq put a project to delete 3 zeros from the Iraqi currency the subject of research and study a long time ago, after reviewing 54 international experiences since the end of World War II until now, the last of which was in Iran and before it. Turkey.
Rashid believes that the current economic situation in Iraq is not ready to delete zeros from the local currency
What effects?
For his part, a member of the Iraqi Parliament's Finance Committee, Ahmed Hama Rashid, confirmed that the current economic situation in Iraq is not ready to delete zeros from the local currency.
Hama Rashid continued in his speech to Al Jazeera Net that this process means withdrawing the current currency denominations and printing new ones, which requires huge funds to print them with technical specifications necessary to protect the currency from counterfeiting, in addition to the fact that replacing the currency will destabilize the monetary system, which may cause successive collapses, enslaving that The Central Bank of Iraq takes such a step.
A member of the Finance Committee, Jamal Cougar, agrees with this proposition by confirming that this step is excluded in the next two years at the very least for several considerations, as he believes that deleting zeros is an unworkable step, especially that changing the currency exchange rate led to a shock to the Iraqi street, and therefore Iraqis are not Prepare for another shock.
In an exclusive interview with Al-Jazeera Net, Cougar points out that the Iraqi economy does not have its own decision, and that many countries benefit from the current Iraqi currency in buying and selling transactions and others.
Cougar: The lower the number of currency numbers, the greater its strength among currencies in the economic perspective
What are the benefits?
As for the benefits, Cougar believes that the smaller the number of currency numbers, the greater its strength among currencies in the economic perspective. However, this requires strengthening the local economy inside the country and diversifying the sources of the Iraqi budget, which requires strengthening industry and agriculture as a preliminary condition for this step.
And about the extent of the benefit derived from this change in restoring the Iraqi cash block hoarded by the Iraqis or smuggled abroad, he explained that the international deal in the Iraqi currency is not related to the number of zeros as much as it relates to the strength of investments inside the country and the size of the Iraqi product exported abroad.
Cougar gives an example of this: Turkey, which deleted zeros from its currency years ago, has embarked on building a diverse and large economy and investments, and this is different from the Iraqi situation, whose currency is not found in global currency exchanges so far.
On the other hand, Abdul Rahman al-Mashhadani, a professor of economics at the Iraqi University, believes that deleting zeros will save the state the costs of transferring the Iraqi currency between the central bank and government and private banks.
Al-Mashhadani continues in his speech to Al-Jazeera Net that deleting zeros may lead to a decline in Iraqis' demand for the dollar for the sake of hoarding, as the Iraqis currently keep the dollar for ease of preservation, while preserving the same value in the Iraqi currency requires greater storage capacity, pointing out that this is conditional on printing cash denominations. A new denomination with a value higher than what is currently available was to print a denomination of 200 dinars (equivalent to 200 thousand dinars in the current currency), which requires 4 banknotes of a denomination of (50 thousand).
Al-Shamaa believes that deleting zeros from the currency will not do anything for the Iraqi economy
Who is the loser?
In every economic equation, the profit and loss ratio is calculated, which is what the economist Hammam Al-Shamma points out that this ratio will not be equally present in the equation, warning of psychological disturbances in the Iraqi market in the event of zeros being deleted.
Al-Shamma comments to Al-Jazeera Net, "Deleting zeros from the currency will not provide anything for the Iraqi economy, but rather it will cost the Iraqi state huge money to print a new currency without this having a clear impact on the local economy."
Al-Shammaa points out that the competitiveness of Iraqi goods against the imported ones will not witness a positive change inside the country, especially since international transactions are mostly made in US dollars.
This is confirmed by Abdul Rahman Al-Mashhadani, professor of economics at the Iraqi University, and adds that competition with imported goods depends on the local product and its strength, pointing out that Iraq does not have industries that can compete with imported goods and overcome them in terms of quality, price, and state protection for them, according to him.
Returning to Ahmed Hama Rashid, where he believes that deleting zeros from the currency will not be in the interest of the government currently, inferring that Iraq has 80 trillion Iraqi dinars from multiple monetary categories, and that printing 5 trillion dinars from the category (50 thousand) cost the Iraqi government 60 million dollars At that time, the cost of the rest of the denominations will be much greater, given that printing each denomination costs approximately (6 US cents) on average, according to him.
Who is the winner?
In contrast to the losing party, Al-Shammaa believes that the government may derive limited benefits from deleting zeros, which is that the government and the central bank will face fewer problems in the accounting system and final accounts with limited zeros and small accounting numbers.
The last proposition is consistent with what was revealed by the economic advisor to the Prime Minister that the hyperinflation that hit the Iraqi economy in the nineties of the last century added 3 numbers to the Iraqi monetary unit, while the small categories disappeared from circulation completely, as the category (250 dinars) became smaller.
A monetary unit in daily circulation inside the country, which raised the cost of micro-transactions, as well as the inflation caused by the appearance of the huge numbers circulating in the accounting system inside the country. LINK
Clare: AWESOME TO SEE THIS!!! ..........THIS IS EXACTLY WHAT WS & FRANK TOLD US TO EXPECT!!
A FEW WEEKS AGO!!! Imo THANK SAMSON!
Saturday Night KTFA CC with Frank26 and Team "The Power" 7-10-2021
.KTFA:
FROM FRANK: GREETINGS FAMILY....TONIGHT I WILL DO A UB2B @7PM EST. (See Below)
WHERE I WILL PLAY A RECORDING TO TAKE OUR KTFA FAMILY TO THE NEXT LEVEL. I'VE INVITED MM & PETRA, TO DISCUSS THE INFORMATION WE ARE ABOUT TO RELEASE.
YOU DON'T WANT TO MISS WHAT WE HAVE TO SHARE TONIGHT BECAUSE IT WILL HELP YOU UNDERSTAND OUR NEXT MONDAY CC...IF NEEDED.......FRANK26
KTFA:
FROM FRANK: GREETINGS FAMILY....TONIGHT I WILL DO A UB2B @7PM EST. (See Below)
WHERE I WILL PLAY A RECORDING TO TAKE OUR KTFA FAMILY TO THE NEXT LEVEL. I'VE INVITED MM & PETRA, TO DISCUSS THE INFORMATION WE ARE ABOUT TO RELEASE.
YOU DON'T WANT TO MISS WHAT WE HAVE TO SHARE TONIGHT BECAUSE IT WILL HELP YOU UNDERSTAND OUR NEXT MONDAY CC...IF NEEDED.......FRANK26
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Saturday Night KTFA CC
Frank26: 7-10-21……THE POWER
Special guest “Iceman”
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA Members Thursday Afternoon 7-8-2021
.Dinar Recaps: Our prayers and condolences to Eagle1’s friends and family. May he rest in peace.
KTFA:
Frank26: GREETINGS FAMILY ..........IT IS WITH A HEAVY HEART THAT I REPORT TO YOU THAT JUST A FEW HOURS AGO OUR BROTHER IN CHRIST REGNER ALSO KNOWN AS EAGLE1 HAS GONE HOME TO BE WITH OUR HEAVENLY FATHER.
PLEASE KEEP HIS WIFE AND FAMILY IN YOUR PRAYERS.
WE WILL MISS YOU BROTHER REGNER BUT IN THE BLINK OF AN EYE.......WE WILL BE WALKING WITH YOU ON THOSE STREETS OF GOLD BUT UNTIL THEN...........WE REMAIN STRONG IN CHRIST FOR OUR SALVATION AS WE SEEK THE GLORY AND GRACE OF GOD UPON US....................................AND THE GOLDEN ROAD OF GOD'S PATH FOR OUR LIVES...........AMEN. FRANK26
Dinar Recaps: Our prayers and condolences to Eagle1’s friends and family. May he rest in peace.
KTFA:
Frank26: GREETINGS FAMILY ..........IT IS WITH A HEAVY HEART THAT I REPORT TO YOU THAT JUST A FEW HOURS AGO OUR BROTHER IN CHRIST REGNER ALSO KNOWN AS EAGLE1 HAS GONE HOME TO BE WITH OUR HEAVENLY FATHER.
PLEASE KEEP HIS WIFE AND FAMILY IN YOUR PRAYERS.
WE WILL MISS YOU BROTHER REGNER BUT IN THE BLINK OF AN EYE.......WE WILL BE WALKING WITH YOU ON THOSE STREETS OF GOLD BUT UNTIL THEN...........WE REMAIN STRONG IN CHRIST FOR OUR SALVATION AS WE SEEK THE GLORY AND GRACE OF GOD UPON US....................................AND THE GOLDEN ROAD OF GOD'S PATH FOR OUR LIVES...........AMEN. FRANK26
Don961: Abdul-Hussein: The Iraqi economy has gone through several stages, which made it rentier and dependent on oil
Abdul Hussein: There is an increase in population growth by 3% annually and our resources are limited
Abdul-Hussein: The white paper included analyzing and diagnosing economic problems and identifying effective solutions
Abdul-Hussein: We are working with the various ministries to identify projects for the official announcement of the actual implementation of the White Paper
Abdul-Hussein: Very soon, the implementation of the white paper will actually be announced
Abdul-Hussein: There are central and sub-committees to implement the white paper
Abdul-Hussein: The projects included in the white paper are of a professional, not political, character
Abdul-Hussein: The continued rise in oil prices is almost able to bridge the budget deficit
Abdul Hussein: Reducing the dollar exchange rate is unlikely because it was approved in the budget link
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Don961: The Iraqi government decides to reduce the exchange rate of the dollar
Posted 54 seconds ago 10,513 Policy 2021/07/07
22:58 Baghdad today - Baghdad
Today, Wednesday, the economic advisor to the Prime Minister, Alaa Abdel Hussein, ruled out decreasing the dollar exchange rate because it was approved in the budget.
Abdul-Hussein said, in a televised statement, followed by (Baghdad Today), that "the continuation of the rise in oil prices is almost able to bridge the budget deficit , " noting, " Over the past decades, Iraq has suffered from economic problems, as the Iraqi economy has gone through several stages of what Make it rentier and dependent on oil.”
He pointed to "an increase in population growth by 3% annually, and our resources are limited," noting that "the white paper included analyzing and diagnosing economic problems and identifying effective solutions, as the government is working with various ministries to identify projects for the official announcement of the actual implementation of the white paper."
He stressed, "The announcement of the actual implementation of the white paper will be soon, as there are central and sub-committees to implement the white paper, which includes projects of a professional and not political nature." LINK
Samson: Experts: The implementation of the white paper needs an appropriate economic environment
7th July, 2021
An advisor to the Federal Prime Minister revealed that the white paper will be effectively implemented, while experts stressed the need to create an appropriate economic environment before the implementation begins.
The Iraqi News Agency quoted the Prime Minister's economic advisor, Alaa Abdul Hussein, as saying that "the white paper included analyzing and diagnosing economic problems and identifying effective solutions," noting to work "with the various ministries to identify projects for the official announcement of the actual implementation of the white paper," stressing "very soon."
The actual implementation of the white paper will be announced," he said, noting that "there are central and sub-committees to implement the white paper," noting that "the projects contained in the white paper are of a professional, not political, character."
For his part, the head of Iraqi businessmen, Daoud Abdul Zayer, stressed that the white paper needs an economic environment, take decisions and issue legislation to improve this environment.
In an interview with PUKmedia, Daoud Abed Zayer said that today, Thursday, "the economic approach found in the white paper needs an investment economic environment and requires decisions and some legislation to improve this environment," noting that "there are problems diagnosed and solving them through the white paper requires work, After this work is done, the results are visible."
He added, "When we say we start, what do we start with? We have a non-economic environment and there is extravagance, corruption and misplaced support, and we need to amend some laws, and on this basis the results of the white paper will appear."
He believes that squeezing government spending and bringing it to sufficiency of government revenues is the white paper that the state was supposed to adopt, and not on the basis of receiving oil revenues and converting it into operational and spending budgets, stressing that a plan was supposed to be drawn up to curb government and operational spending as much as internal resources and adopt On oil resources in developing the national economy through major projects that absorb unemployment and graduates.
For his part, head of the Media Center for Media Development, Adnan Al-Sarraj, believes that the white paper did not take sufficient space for explanation and discussions.
Al-Sarraj said in an interview with PUKmedia, that the white paper is an attempt by Prime Minister Mustafa Al-Kazemi and his economic and financial team, as he presented it from the first day he took over the premiership, noting that this white paper did not take sufficient space for explanation, discussions and in-depth studies by economic specialists, whether In Iraqi universities, research centers, or at the level of international studies, to compare them with other experiences.
He added that he did not fully disclose the terms of the white paper, and ambiguity is the dominant position in the interpretation of the white paper, and some of the items that were announced were subjected to severe criticism from other powers, in addition to the lack of comprehensiveness of the white paper with the time limit and the nature of international relations and other measures. He added that there were attempts to link the white paper to the processes of changing the value of the dinar against the dollar, issues related to housing, and areas related to supporting the retired and the poor, and others, but this was not in the way that the citizen aspires to.
On October 14, 2020, the Federal Council of Ministers approved new mechanisms for economic reform called the "White Paper", which he said includes "hundreds of measures to revive the Iraqi economy" and invest the country's "enormous resources" in a "scientific way". And the government spokesman at the time, Ahmed Mulla Talal, announced that the white paper extends to 100 pages, and its implementation period is supposed to be 3-5 years. LINK
Fleming, Frank26 and MarkZ Wednesday Night 7-7-2021
.Fleming Wednesday RV Report:
Our military intel contact said that we need to be watching for the shotgun start and T4B notifications Thu and Fri 8-9 July as F&Ps (Fines & Penalties and Adjudicated settlements) are due to be paid into accounts overnight tonight Wed 7 July, and if it’s confirmed that they are paid out, they are to be followed in the RV release sequence by the German bonds and Yellow Dragon Bonds being paid out and access given to bond holders, at the same time that T4B 800# link notifications go out;
As MarkZ’s bond holder sources said as of this morning Wed 7 July, bond holders are being told to stay in place at their banking centers and to watch for their bond payout funds to be made available at any moment—SO WE ARE IN A REALLY GOOD PLACE RIGHT NOW.
Fleming Wednesday RV Report:
Our military intel contact said that we need to be watching for the shotgun start and T4B notifications Thu and Fri 8-9 July as F&Ps (Fines & Penalties and Adjudicated settlements) are due to be paid into accounts overnight tonight Wed 7 July, and if it’s confirmed that they are paid out, they are to be followed in the RV release sequence by the German bonds and Yellow Dragon Bonds being paid out and access given to bond holders, at the same time that T4B 800# link notifications go out;
As MarkZ’s bond holder sources said as of this morning Wed 7 July, bond holders are being told to stay in place at their banking centers and to watch for their bond payout funds to be made available at any moment—SO WE ARE IN A REALLY GOOD PLACE RIGHT NOW.
He said his info matches that of Holly’s sources and TX Snake’s sources that F&Ps are to be paid out overnight if all goes to plan and when that is confirmed it will be party-time for us in T4B:
TX Snake Wed 7 July, “Personally not involved in Fines & Penalties but have had several folks who follow that advising me that they are to be released overnight tonight [Wed 7 July], they have promised to advise as soon as they have confirmation. Over the years it has been said those items [legally] had to go before we could expect our notices. Texas Snake”
He said that the military (CENTCOM and NORTHCOM) has quietly put the military at DEFCON 1 behind the scenes today Wed 7 July in preparation for lockdown of rates and procedures for exchanges to start and for the shotgun start; publicly the military is only reporting DEFCON 4 but behind the scenes they went up to DEFCON 1, the highest level of military war footing to be ready to combat Deep State reactions to the RV / GCR release;
He confirmed that Iraqi special forces and US special forces operators have gone after, and are shutting down, the Deep State Iranian backed militias that have hammered Iraq with missles over the past 72 hours; Iraq released globally it’s digital gold-backed Dinar today Wed 7 July, as Bruce’s sources said, and the Deep State went right to work to attack in response, but Spec Ops are taking them down effectively right now, he said.
He said it’s not a matter of RV teams “deciding if they are going to release the RV,” it’s a matter of WHEN to release the shotgun start in the coming hours or days; again he does not know the exact timing but IT IS BEING MOVED FORWARD OVERNIGHT THROUGH THE REST OF THIS WEEK—so KEEP PRAYING he said.
Again he said keep prayers going up as we are AT THE END OF THIS ARDUOUS PROCESS and we are about to BREAK THROUGH TO THE LONG-AWAITED BLESSING.
Courtesy of Dinar Guru
Frank26 The word "mechanism" when translated in the Middle East means it's a plan. And that's the plan for the monetary reform. - to use all these mechanisms...QFS...The special drawing rights...digital currency...Swift system...countries pouring into Iraq - none of these things have ever been anywhere near reality. Why now? What is it that is so different today than it was just two years ago? They're Article VIII. Now does that mean they lifted the value of their currency? IMO on the second set of books you're darn right they have! And they're going to do it now on their original set of books, announce it to the world and make it retroactive. They are getting closer and closer...
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Wednesday Evening Update with MarkZ with a drop in by Rod Steele
7/07/2021
MZ: From Zimbabwe Central Bank today….Royal Bank of Zimbabwe introduces today a new Zimbabwe 50.00 dollar note: 360 million dollars of these new 50 dollar Zimbabwe notes. They supposedly voted on this bill yesterday….but surprisingly had this many already printed and ready to go with all kinds of cool security features to release into circulation today. . This is 2 days in a row with lots of strange movements out of Zimbabwe which I think is interesting. I think it means something.
MZ: Lots of group leaders and bond redemption folks with great anticipation …..nothing yet from Europe but they are looking forward to what tomorrow may bring.
MZ: We are expecting historic bonds to start picking up.
Rod Steele joins the stream tonight….please listen to the replay for his information and update.
Monday Night Frank26 CC " Know When to Hold 'Em- Know Why to Fold 'Em" 7-5-2021
.KTFA
KTFA Monday Night CC :
Frank26: 7-5-21…….KNOW WHEN TO HOLD ‘EM…………….KNOW WHY TO FOLD THEM
This video is in Frank’s and team’s opinion
Frank’s team is Walkingstick, Petra, MilitiaMan and Eddie in Iraq.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA
KTFA Monday Night CC :
Frank26: 7-5-21…….KNOW WHEN TO HOLD ‘EM…………….KNOW WHY TO FOLD THEM
This video is in Frank’s and team’s opinion
Frank’s team is Walkingstick, Petra, MilitiaMan and Eddie in Iraq.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
Monday Night KTFA CC "White Papers Have Turned Red!" 6-28-2021
.KTFA:
Monday Night KTFA CC
Frank26: 6-28-21…….WHITE PAPERS HAVE TURNED RED
Frank26: THEY ARE MAKING A CHANGE IN THE EXCHANGE RATE!
Contracts based on new rate!!!!!
Playback Number: 605-313-5163 PIN: 156996#
This video is in Frank’s and his team’s opinions.
Franks team is Walkingstick, MilitiaMan, Petra and Eddie from Iraq.
KTFA:
Monday Night KTFA CC
Frank26: 6-28-21…….WHITE PAPERS HAVE TURNED RED
Frank26: THEY ARE MAKING A CHANGE IN THE EXCHANGE RATE!
Contracts based on new rate!!!!!
Playback Number: 605-313-5163 PIN: 156996#
This video is in Frank’s and his team’s opinions.
Franks team is Walkingstick, MilitiaMan, Petra and Eddie from Iraq.
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
Fleming, Frank26, MilitiaMan and more....Saturday PM 6-26-2021
.Fleming Saturday RV Report/Rumors
It's a really important day today, a date to remember forever.
Today, following meetings among RV GCR principals late last night, thru early this morning, decisions were made to launch everything this weekend.
Tomorrow the RV GCR starts in US, and proof will be demonstrated with our happy NESARA/GESARA announcement similar to what was shown in Mexico and many S. American countries.
What these countries did yesterday was to force the issue by publicly announcing, on mainstream news, that today brings GESARA, Debt Forgiveness, GCR, and A New Day was dawning for the world.
This was only made possible because these countries are now pegged to the yuan vs UST. This forced move worked and US had to comply.
Fleming Saturday RV Report/Rumors
It's a really important day today, a date to remember forever.
Today, following meetings among RV GCR principals late last night, thru early this morning, decisions were made to launch everything this weekend.
Tomorrow the RV GCR starts in US, and proof will be demonstrated with our happy NESARA/GESARA announcement similar to what was shown in Mexico and many S. American countries.
What these countries did yesterday was to force the issue by publicly announcing, on mainstream news, that today brings GESARA, Debt Forgiveness, GCR, and A New Day was dawning for the world.
This was only made possible because these countries are now pegged to the yuan vs UST. This forced move worked and US had to comply.
All countries are now cooperating fully, with US announcement coming now. Our long wait has ended.
God Bless Us All!
Note: All intel should be considered as "Rumors" until we are making exchange appointments...
Courtesy of Dinar Guru
Walkingstick & Frank26 Consider/think, if the budget was seriously set at 1460 then there would be no fear to open the budget for 1460 in the past because if they're going to open it now, it's at 1460 now. It's been at 1460 for at least seven months. Why don't you open the budget? Because the budget is not at 1460. Everything awaits the new exchange rate. Everything awaits the new 'mechanism'. Everything.
Frank26 Article: "Al-Kazemi talks about raising the dollar exchange rate and its relationship with the poor" Kazemi tells the citizens, 'give us your 3 zero notes because the NSCN's( news small category notes) will not work with the PR [Program rate]'.
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KTFA:
Don961: Parliamentary Finance clarifies the fate of the “anti-virus” Iraqi currency
1,006 Economie 06/26/2021 17:41 mum Baghdad today - Baghdad
Today, Saturday, a member of the Parliamentary Finance Committee, Abdul Hadi Al-Saadawi, revealed the fate of the Iraqi anti-viral and anti-bacterial currency, which was announced earlier within the framework of combating the Corona pandemic.
Al-Saadawi told (Baghdad Today), that "indeed, the Central Bank of Iraq had an idea about adding a new feature to banknotes that would make them against the growth of viruses and bacteria within the efforts to combat the spread of the Corona virus, which was put forward a few months ago, but it has not been implemented until now because it has not been completed and has not been applied." After in any country in the world.
Al-Saadawi explained, "Adding an anti-virus feature to securities is a framework in which most countries of the world operate, but so far the approved mechanism has not been clarified," noting that "everyone supports this idea for considerations related to the general health situation and its positive repercussions, especially with the presence of many epidemic diseases." Including Corona.
And the Central Bank of Iraq had announced on (March 22, 2021), that it would add a new feature to Iraqi banknotes to make them anti-virus and bacterial growth, as part of efforts to combat the spread of the Corona virus, explaining that this was done by adding a biological pesticide developed by international companies specialized in printing banknotes in coordination with the competent authorities. link
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MilitiaMan: They have the notes printed already and are yet to show the mechanism. That is what I see here, anyway.. They say everyone is supportive of this, so it appears.
Well if they know the advances that have been issued over the last 6 months for salaries will be retroactive and come out more valuable once the mechanism is clarified.
They have been speaking of the delete the zeros project a lot lately and have not differed from that. Thereby what we appear to be seeing is the roll out of the new small category notes. They'll need them once the rate is clarified.!!.
The payments (advances) may be deducted from the new adjusted rate that ushers in the new notes.. imo The ploy to get them in under a a mask of Covid is definitively a motive to get them into the banks.
If I am not mistaken there are banks open today.. We shall see! Imo ~ MM
Samson: Iraq and Jordan launch the first integrated digital platform
26th June, 2021
On Saturday, the Capital Bank Group signed a cooperation agreement with Codebase Technologies to launch the first integrated digital bank to serve companies and institutions as well as individuals in Jordan and Iraq.
The Jordan News Agency, Petra, reported that the bank aims, through its advanced digital platform, which is based on the latest technologies, to provide the necessary digital and financial tools for customers to enable them to fully control their financial decisions.
She stressed that this strategic partnership, with Code Pass Technologies, comes in response to the Capital Bank Group's plans to strengthen its competitive position and expand its regional and local reach in Jordan and Iraq, stressing the group's commitment to providing innovative and highly efficient digital banking services to customers. LINK
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Samson: 3 drones shot down near the US consulate in Erbil
26th June, 2021
A security source reported, on Saturday, that there was an attack by 3 drones near the US Consulate in Erbil.
The source told "Mawazine News", "An attack by three drones took place today, in the village of Prague, near the US Consulate in Erbil."
He added, "The planes were loaded with explosives (TNT), as two of them exploded, one of them in an orchard in the village of Prague." LINK
KTFA Monday Night CC "12/20/20....To 6-20-21"
.KTFA:
KTFA Monday Night CC
Frank26L 6-21-21…….12/20/20….To 6/20/21
This video is in Franks and team’s opinions..
Franks team is Walkingstick, Petra, MilitiaMan and Eddie in Iraq.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA:
KTFA Monday Night CC
Frank26L 6-21-21…….12/20/20….To 6/20/21
This video is in Franks and team’s opinions..
Franks team is Walkingstick, Petra, MilitiaMan and Eddie in Iraq.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA Monday Night CC with Frank26 and Team "The CBI Starts" 6-14-2021
.KTFA Monday Night CC
6-14-21…….THE CBI STARTS
Frank’s team is Walkingstick, Petra, MilitiaMan and Eddie in Iraq
This video is in Franks and his team’s opinions.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA Monday Night CC
6-14-21…….THE CBI STARTS
Frank’s team is Walkingstick, Petra, MilitiaMan and Eddie in Iraq
This video is in Franks and his team’s opinions.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
Frank26 and KTFA Members "News and Views" Sunday 6-13-2021
.KTFA:
Samson: A group of unions and federations announces the launch of a national campaign to support the Iraqi dinar
13th June, 2021
A group of unions and federations announced the launch of a national campaign to support the national currency and the economy and increase the citizen's confidence in the dinar.
This group said in a joint press statement that "Al-Iqtisad News" received a copy, "A group of unions and federations announces the launch of a national campaign under the auspices of the Central Bank of Iraq to raise awareness to support the national currency and the Iraqi economy, and this campaign includes the Federation of Chambers of Commerce, the Association of Iraqi Private Banks, the Physicians Syndicate and the Iraqi Syndicate Pharmacists, the Engineers Syndicate, and the Dentists Syndicate, who represent a large segment of Iraqi society.
KTFA:
Samson: A group of unions and federations announces the launch of a national campaign to support the Iraqi dinar
13th June, 2021
A group of unions and federations announced the launch of a national campaign to support the national currency and the economy and increase the citizen's confidence in the dinar.
This group said in a joint press statement that "Al-Iqtisad News" received a copy, "A group of unions and federations announces the launch of a national campaign under the auspices of the Central Bank of Iraq to raise awareness to support the national currency and the Iraqi economy, and this campaign includes the Federation of Chambers of Commerce, the Association of Iraqi Private Banks, the Physicians Syndicate and the Iraqi Syndicate Pharmacists, the Engineers Syndicate, and the Dentists Syndicate, who represent a large segment of Iraqi society.
The statement added, "This campaign aims to shed light on the importance of dealing with the national currency and increasing the citizen's confidence in it, for the contribution of all sectors to maintaining the exchange rate and maintaining inflation at low rates, and reducing the rates of poverty and unemployment through the entry of Iraqi and foreign investors to work inside the country, which It will lead to an increase in services provided to citizens, and this will have a positive impact on the economy.”
He pointed out that "this campaign also includes a focus on the fact that the owners of retail and services stores do not force citizens to sell their goods in dollars, but rather in the national currency "the Iraqi dinar", as shop owners get the dollars from the authorized currency sale at the official price, and they force the citizens to buy dollars. From the parallel market leads to an increase in its price, which affects the entire joints of the economy.”
The statement stressed, "This campaign will include joint activities aimed at supporting the Central Bank's ongoing efforts in this regard through holding educational meetings and seminars." The statement concluded, that the signatories to this national campaign areare Wadih Al-Handal, the head of the Association of Private Banks, the Syndicate of Pharmacists, Dr. Mustafa Al-Hiti, the President of the Federation of Chambers of Commerce, Abdul Razzaq Al-Zuhairi, the Doctors Syndicate Jassem Al-Azzawi, the Syndicate of Engineers, Azhar Hussein Saleh, and the Syndicate of Dentists, Dr. Abu Bakr Ziyad Al-Rawi. LINK
Clare: WOW!!!!!!!!!!...... THANKS SAMSON! WHO TOLD US A "MASSIVE CAMPAIGN" WOULD BEGIN FOR THE CITIZENS..... YEP!! WALKINGSTICK & FRANK DID!!!!!!!!!!!! WHAT ELSE DID THEY TELL US?- THEY HAVE A DATE!!! IT IS ALMOST HERE. imo
Jerry1971: WELL SAID CLARE THANKS TO SIR FRANK AND SIR WALKINGSTICK WHAT THEY SHARED WITH US IS SURELY BEING REVEALED THROUGH THE ARTICLES JUST HOPE THEY THE CBI SHOWS THE NEW EXCHANGE RATE SOONER THAN LATER IMO.
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FROM FRANK..........TOMORROW M CC WILL BE NUCLEAR!!!!!!!!!!!!!!!! ...........
KTFA KONA: GET READY ......... there was a reason why I canceled our YouTube for Friday night because in my opinion the CBI is now doing the campaign exactly as we told you it would come out therefore, in my opinion the rate is either with this campaign or follows just shortly after... as everything and everyone waits for the CBI governor to announce a new exchange rate for a new small category note,
Introducing a reinstatement of their currency... the RI .... Walkingstick and I are loaded for bear...SMILE...
Make sure you praise God today and thank you for what you are about to become...
I may have pain in my body but soon family you will have gain in your hands...END....FRANK26
SAMSON POST : A group of unions and federations announces the launch of a national campaign to support the Iraqi dinar ...
A group of unions and federations announced the launch of a national campaign to support the national currency and the economy and increase the citizen's confidence in the dinar..... The statement stressed, "This campaign will include joint activities aimed at supporting the Central Bank's ongoing efforts in this regard through holding educational meetings and seminars."
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Don961: The fair exchange rate .. Who determines it?
Sunday 13 June 2021Baghdad: morning
During the past few days, the economic circles have traded the term fair exchange rate of the Iraqi dinar against the dollar, which was refuted by specialists, and stressed that there is no room to talk about a fair exchange rate at this time and the situation in the country and the approved economic work mechanisms.
Academic economist Dr. Qusay Al-Jabri stated that “a fair price is not an opinion that this person or that person puts forward, and when we talk about an appropriate exchange rate, there should be special models for estimating this price, and there are strong arguments to defend a specific exchange rate, and these arguments are behind it. Important economic goals, so they are not opinions.
Trade balance
He added, "No monetary policy can succeed without corresponding policies in the real sector (the production sector) so that it is possible to correct the conditions of the trade balance and the balance of payments, but changing the exchange rate and trying to reduce it is an incorrect policy whose inevitable result is the impoverishment of people and the strengthening of inequality in the distribution of income.”
He pointed out that «strengthening economic stability in Iraq is not possible through monetary policy only or financial policy only, but rather comes from a system of effective and harmonious economic policies to achieve a set of goals, foremost of which stands in strengthening stability and giving a greater role for the private sector to absorb the momentum of unemployment and improve the balance of payments conditions. ».
Currency value
Financial affairs specialist Ahmed Hathal explained that “some research determines the value of the currency on the basis of purchasing power in some countries or in the United States, and this is also inaccurate due to the different structure and structure of the production sector, as well as the quality of the commodity measured by it, even if we assume that the same factory produces in The United States and Iraq will have differences as a result of the difference in per capita income.”
Oil revenue
In turn, the economist, Samir Fikri, said: “Who can determine the fair value of the exchange, and our sources of income are determined by external demand and linked to international oil prices, so there is no so-called fair value, as it is a value that fluctuates with the fluctuation of oil revenues, and it will continue to do so as long as the growth of government spending depends on the sector.” Oil and non-oil GDP growth exceeds the so-called fair value. link
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Don961: Will Iraq succeed in overcoming its crises?
Sunday 13 June 2021 Yasser Al-Metwally
We do not bring anything new if we say that the entire global economy was affected by the financial crises and the pandemic, even in varying proportions, according to the capabilities of countries and their economies’ endurance to the shock of crises.
Reports and news indicate that a tangible recovery has occurred in the global economy as a result of the end of the causes of the financial crisis through the recovery of oil prices globally and the return of the recovery of trade and the global market accordingly.
As for the second reason, it is due to the decline of the Corona pandemic “Covid-19” after the discovery of relatively effective vaccines, so countries are rushing to take advantage of the opportunity to improve and recover in order to revitalize their economies.
The question here is, what is Iraq's share of these somewhat joyful results?
International reports and studies indicate that Iraq ranks "10" among the richest countries in the world in terms of natural resources.
Iraq possesses stockpiles of its natural wealth represented by oil, gas, coal, gold, copper, uranium, iron, phosphates and sulfur.
All of this is in addition to the revenues from border crossings, communications, aviation and transportation, but you find the Iraqi economy is still stagnant and if we do not say it is declining, what is the solution?
Therefore, it seems clear that Iraq's revenues are scattered and need two main factors in order to revive the Iraqi economy .
First, we need to invest the neglected natural resources throughout this period since the stage of change until now. Of course, the need necessitates approving the amendments to the investment law and working to attract specialized international companies and establish partnerships with them in order to find financial leverages capable of overcoming the financial deficit that caused the economy to stagnate.
Moreover, the need requires, secondly, to correct the course of the country’s fiscal policy through the proper management of public money, and this requires the speedy introduction of modern technology in obtaining state revenues through mechanization and electronic methods of obtaining governmental resources .
In addition, it is necessary to employ the rising oil price differences in order to activate the income-generating productive sectors.
At that time, whoever manages the economic file will be able to achieve the country's economic recovery.
Assuming stable trends in dealing with waste of public money and combating corruption, which has been talked about a lot.
We hope well for the recovery of the Iraqi economy in the near future, so that it can address unemployment, reduce the poverty line and the rest of the challenges that plague the country's economy, and to turn the page on the contradiction between the global perspective on Iraq's potential and the reality of the situation. LINK
Adviser to the Prime Minister reveals the details of the first economic reform program in Iraq and its launch date LINK
Sheila: This article very informative along with the other articles that keep saying words like launch, international, exchange rate etc etc....
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Samson: Deputy: Preparing a supplementary budget is just talk, and the financial surplus will fill the deficit
14:12 - 13/06/2021
Representative of the Saeroon Alliance, Riyadh Al-Masoudi, confirmed, on Sunday, that talking about preparing a supplementary budget is just talk and there is no intention on the horizon by the government to prepare a supplementary budget for the current year, noting that the surplus funds resulting from the rise in oil prices will be used to fill the budget deficit for the current year.
Al-Masoudi said in a statement to Al-Information, that "the government has obtained large funds since October of last year until today as a result of the rise in oil prices, compared to calculating the price of a barrel of oil that was approved in Mwana in 2021."
He added that "there are parliamentary calls to prepare a supplementary budget, but in fact the government has no intention at the present time to prepare this budget and to talk about it is just talk," stressing that "the additional amounts will be used to bridge the deficit in the current year's budget."
It is noteworthy that there are several proposals on how to invest the surplus funds that will be achieved as a result of the price difference from the rise in global oil prices, especially since the budget relied on an amount of 42 dollars per barrel, in light of the plans of the competent ministries on how to invest those funds, which amount to nearly 40 trillion dinars, and will lead To reduce the fiscal deficit of more than 70 trillion. LINK
Samson: Investors are betting that oil will return to $100 a barrel
8th June, 2021
Commodity exchanges are witnessing an increasing demand for oil future contracts using the “options” method, which are purchased on the basis that oil prices exceed $100 per barrel by the end of this year or by the end of next year 2022. This seems to indicate that the markets expect the continued rise in oil prices to exceed their rates before they fell In the summer of 2014. Indeed, crude prices have increased this year so far by nearly 40 percent.
The Wall Street Journal published a report on "options" contracts that set the price of oil at $100 a barrel in December 2022, or even in December this year 2021. It says that what drives speculators to these expectations is the continued rise in the price of a barrel.
The price of US light crude (West Texas Blend) reached $70 a barrel, and the price of a gallon of gasoline in the United States reached $3.
It seems that speculators in "options" contracts do not care about the possibilities of market turmoil, and are betting on increasing demand for oil as the global economic recovery process continues from the crisis of the Corona virus epidemic. Although the oil market often corrects itself by supply and demand factors, the markets are encouraged by the possibility of higher prices, despite the high prices, as is currently happening, causing producers to increase their production, which raises supply against demand, which puts pressure on prices downward. There is also the possibility of Iranian oil returning to export markets if the Vienna negotiations between Iran and the United States succeed in bringing Washington back to the nuclear agreement signed in 2015, and America withdrew from it in 2018.
What is the "Options" transaction?
Options contracts are one of the trading tools on the stock exchanges, and it is a high-risk and high-profit method. It is considered an investment derivative in the capital markets, as it is based on the value of the asset being traded, whether it is shares or physical commodities. A trader buys an options contract on a stock or commodity, giving him the option to buy or sell at a specific price at a specific time. In this case, he may sell or buy before the specified date if the price of the share or commodity reaches what is specified in the contract before its due date.
In this case, the profits are double, not like buying and selling in normal trading. The dealer can specify the option to buy or sell, and the execution of the contract on time is governed by its type, i.e. sale or purchase, and the loss will be great if the price of the stock or commodity does not reach the price on which the customer bought the contract on the basis of at the date of the contract. Some describe "options" contracts as being like lotteries because of the speculative nature and betting in them, but some investors use this investment derivative, to achieve permanent income from huge profits whenever their expectations are correct.
Optimistic forecast
Figures from the Quick Strike Company, which provides options trading data, indicate that oil contracts at a price of $ 100 a barrel are the most traded on the New York Mercantile Exchange, and it is currently the most traded among the West Texas Blend futures contracts. There are about 60,000 oil futures contracts already in place, covering up to 60 million barrels for December 2022 delivery.
Not only that, but some are speculating that the price of crude will reach a dollar a barrel this year. Options contracts are already in place covering up to 16 million barrels of West Texas blend for December 2021 delivery.
As for the Brent crude market in London, “options” contracts, which set the price of $ 100 a barrel for December 2021 delivery, already cover more than 32 million barrels. Although some speculators are not sure that oil prices will reach what they specified in the options contracts, they expect the price of “options” contracts to rise with the continued rise in crude prices, even if they do not reach $100 on the date of the contracts. LINK
Monday Night KTFA CC "Implementing A New Mechanism" 6-7-2021
.KTFA:
Monday Night KTFA CC
FRANK26.......6-7-21......IMPLEMENTING A NEW MECHANISM
This video is in Frank’s and his Team’s opinion
The Team: Walkingstick, Petra, MilitiaMan and Eddie from Iraq.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE
KTFA:
Monday Night KTFA CC
FRANK26.......6-7-21......IMPLEMENTING A NEW MECHANISM
This video is in Frank’s and his Team’s opinion
The Team: Walkingstick, Petra, MilitiaMan and Eddie from Iraq.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE