Frank26 and KTFA Members "Visual Aids" and more Tuesday Night 9-17-19

KTFA: 

Clare: FRANK & ANGEL-1 IN CHAT TODAY! FRANK HAS ALLOWED IT TO BE POSTED ON THE FORUM....

F26:  KONA ...... I TOLD YOU SO !!!!!!

GO LOOK ON THREAD…POST #187 ( see below) …SEE U TONIGHT…..SMILE…FRANK26

A1:  I JUST FINISHED CHATTING WITH FRANK. I LOVE LOVE WHAT HAS TRANSPIRED IN THE LAST 24.

DARE I USE THE WORD EXPEDITE?..... CALCULATED…..AG-1

TONIGHT IS IMPORTANT. THE REPORT FRANK HAS IS KEY. YOU WILL SOON UNDERSTAND WHY THEY USE STRONG WORDS LIKE AGREED, EXPEDITE, IMPLEMENTATION, SUPPORT REFORMS, TECHNICAL ASSISTANCE. IF THAT DONT MAKE YOU SMILE YOUR BLANKET IS WET.…..AG-1...

F26:  WELL DONE AG1….KONA…. DONE…… CU ON UR UBETUBE…. SSSSSSDMMMMMMIIIIIILLLLLLLEEEEE……

The realization of reality is real…
The Toledo city consul is awarding my father with a presentation today I am with him right now and I will eventually do the YouTube…..FRANK26

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Post 187:  Clare:   FROM FRANK....... "I TOLD YOU SO"

MilitiaMan:  The blast heard around the World today, IRAQ-a-Toa! lol ~ MM

Iobey777:  THIS IS HUGE NEWS!!!IMO!! CAN WE REPEAT..**EXPEDITE**?!!!!!! BOOOM!!!!

Frank26: VISUAL AIDS

Sept. 17, 2019

Tonight we are talking about “International”

https://youtu.be/_2b2nMSmI2Q?t=9

Don961:  Al-Sabah: The Central Bank reserves exceed international standards

Monday, September 16, 2019

iro / Israa Khalifa 

The Governor of the Central Bank of Iraq on the relationship that the amount of the budget deficit for the year 2020 is not proven so far as indicated by the Ministry of Finance, and what is being circulated is just hypothetical figures and not yet settled, indicating that the upper limit of the deficit must be consistent with the Financial Management Law The central bank's reserves of foreign currency are comfortable and well above international standards.

Al-Allaq said in special statements to Al-Sabah on the sidelines of his participation in the 43rd session of the Board of Governors of Central Banks and Arab Monetary Institutions held on Sunday in Cairo: “Our foreign currency reserves are comfortable and good and within international standards; The law is not to cover the deficit but is a cover for the local currency, and the strength of the exchange rate and the strength of the Iraqi dinar depends on this cover, so the process of linking the reserve and deficit coverage is not correct, and the Central Bank law does not allow the reserve to be used to lend directly or non-government Direct but it is to maintain the value of the dinar against the dollar.

exchange rate

And the relationship, that "the stability of the exchange rate is a central objective of the Central Bank and seeks to achieve by all means, and depends mainly on the economic performance of Iraq, the stronger the economy was to maintain the exchange rate stronger, and our economy is subject to fluctuations in oil prices, which is a resource The basis for the country, which is also the basis for the foreign currency, so careful management of reserves in order to achieve stability is important, where there can be a balance between the supply and demand of foreign currency, and when supply disrupts affect the exchange rate, and the reserve we have so far is able to The application covers And therefore keeps the price under control. ”

Sagging jobs

Regarding slackness in government jobs, Al-Allaq said: “The government apparatus has reached more than saturation, and it does not add economic value; rather, in its expenses it represents a great challenge to the public budget and reduces the resources that can go to employ others and achieve more job opportunities through real projects. The basic solution to the issue of unemployment is the employment of the real sectors, namely, industrial, agricultural, tourism, etc., which is the basis in moving economic rings, so there must be a focus on moving these economic sectors by changing the economic model that exists in Iraq today, the model now is that It comes from oil, and it pumps the bulk of it in the form of salaries. These salaries turn into demand for imported goods and commodities.

The Governor of the Central Bank, that "can not be laid off people, but the money taken as salaries can be invested inside Iraq through the expansion of the real sector and this will occupy other people, and that depends on coordination in trade, investment, tax and customs policies to harmonize with each other to move the situation internally".

Economic challenges

As for the Cairo meeting, Al-Allaq said: “These meetings are regular and periodic, and since Iraq is a member of the Arab Monetary Fund, it is attending these meetings, where the meetings of the Council are a review of all developments that take place in the financial, monetary and economic matters in the Arab world, especially in the circumstances facing Major challenges in the economic aspects Increasing challenges and risks related to these aspects, which we provide insights and perceptions and how our countries can face these challenges, and analyze their effects and impact on our economies. 

He added, “We will also discuss at the meeting the functions of central banks in terms of technologies and their effects, which are fast and successive, especially with regard to the subject of currency and its use, which has evolved towards digital and virtual, and in this context also talk about the objectives that are evolving functions of central banks quickly to achieve financial stability in Under the circumstances, and to achieve prudential control for central banks towards banking institutions and financial institutions, "he said:" Another goal that we have given priority in this meeting; we organized a special workshop on the expansion of financial inclusion, i.e. L Banking services to as many different citizens and segments as possible and achieve a lot of services quickly. ”

Relationship with Egypt

On the relationship between the Central Bank of Iraq and his Egyptian counterpart, Al-Allaq stressed that it is “very good and continuous, and we have many areas of cooperation, and we consider the Central Bank of Egypt very close ally, we have communication and consultation and the degree of high relationship and we need them in building our capabilities and in training and consultation.”

Regarding the reopening of Rafidain Bank in Egypt, Al-Allaq said: “It is an important issue and we have been following it for a long time. The Central Bank of Egypt knows the importance of Rafidain Bank.

link

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Samson:  Trump: We have reached a preliminary agreement with Japan on trade

17th September, 2019

US President Donald Trump said that the United States reached preliminary agreements with Japan on tariffs and trade barriers to digital, which will not require congressional approval

Trump, in a White House letter to Congress on Monday, said he planned to conclude agreements in the coming weeks, telling lawmakers that the tariff agreement would be implemented in accordance with the provisions of a trade law that allows the president to make reciprocal tariff cuts under a declaration

The letter noted that Trump plans to conclude an executive agreement related to digital trade with Japan

The White House speech also confirmed that the United States will continue to conduct further trade negotiations with Japan

Trump said: "My administration looks forward to continued cooperation with Congress for further negotiations with Japan to achieve a comprehensive trade agreement that will result in more mutual and fair trade conditions between Tokyo and Washington

On the sidelines of the Group of 20 (G20) summit last month, President Trump and Shinzo Abe said they hoped to sign the deal this month at the UN General Assembly   LINK

Frank26 CC Replay and KTFA Members "News and Views" 9-17-19

KTFA:

4short5:   How much dinar does Iran hold?  Could this be the reason they attacked the Saudi oil refinery to drive up the price of the dinar and bail out their own economy?  Sly like a fox.

Ikaika:  Ahh, but did Iran “ officially” send the drones to Saudi, or .... were they sent by others “   impersonating”official Iran actions.... from Southern Iraq ... umn ....

Cornhusker:   Think you are right ….deep state wants a war that will bail out their banks .

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Frank26 Monday KTFA CC 9-16-19

PLAYBACK : 605.313.5163    PIN: 156996#

https://fccdl.in/me0zGaZvaZ

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Samson:  The theory of stages of economic growth and Iraq prohibited from starting

17th September, 2019 by Dr.. Emad Abdul Latif Salem

Walt Whitman Rostow's theory of economic growth phases is to identify specific stages of economic growth in different countries, each with specific characteristics. These stages are:

1. The Traditional Society

2. Preparation phase for the Perquisites for Take-off

3. The Take-off Period

4. Stage of maturity Move Towards Maturity

5. High Mass Consumption

So when do we "take off" and "take off"?

Why don't you go, and take off from what you are in it?

What is missing?

Why don't you "go" and "take off"?    LINK

Iobey777:   ANOTHER PIECE ASKING THE QUESTION OF "WHEN?" AND WHY NOT NOW?  SEEMS TO ME THAT EVERYONE IS GETTING TIRED OF IRAQ'S COMPLACENCY AND NOT COMPLETING WHAT THEY NEED TO FINISH! IMO! IT'S WAY PAST TIME FOR THEM TO PUT UP THE NEW RATE AND MOVE THEIR COUNTRY INTO A NEW REALM OF PROGRESS!!!

Don961:  Abdul-Mahdi will visit three cities .. and sign historic agreements

Monday, September 16, 2019

Chinese Ambassador to Iraq Zhang Tao
Baghdad / morning 

Prime Minister Adel Abdul-Mahdi heads a high-level government delegation to China on Thursday for an official visit, which observers described as historic and important, especially as it coincides with the celebrations of the 70th anniversary of the founding of the Republic of China.

The Chinese Ambassador to Iraq Zhang Tao predicted that the coming year 2020 will be the "Year of Reconstruction of Iraq", indicating his country's aspiration to participate strongly to achieve the expected historical renaissance, stressing that Iraq is a key partner for Iraq. China is in the idea of ​​a giant global "Belt and Road" initiative. 

In an exclusive interview with Al-Sabah, Ambassador Tao disclosed the most important and important stations of the visit and the economic, technological, security and cultural agreements that the two sides will sign, especially the framework agreement with the Chinese company "Sancho", which will provide more than 10 billion dollars for the reconstruction of Iraq.

As well as follow-up China's contribution to solve the electricity crisis through the establishment of four huge power plants in Baghdad and the provinces, and Tao that the agreements to be signed by the Prime Minister will also include the establishment of an electronic library at the University of Baghdad and the training of Iraqi cadres by experts "Huawei" leading in the For agreements and communications technology in the construction of residential complexes, hospitals, reform of the soil and agriculture and to achieve security cooperation and coordination between the two countries and dozens of agreements.  Read full post here:  link

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Samson:  Abdul Mahdi soon to the United States

2019/17/09 18:59

The adviser to Prime Minister Abdul Hussein al-Hanin on Tuesday, the most important agenda of Prime Minister Adel Abdul-Mahdi's visit to the Republic of China, which begins next Thursday, stressing that the next direction will be towards the United States to sign contracts after Iraq opened doors with Neighborhood and brothers.

"The prime minister will go to China on Thursday at the head of a large delegation, which has clear economic features, including ministers, advisers and 16 governors," Al-Hanin said in a press statement.

He added that "the program of the next visit and economic files, carried by the Prime Minister include major projects in roads and transport, services, education, health and other," pointing out that "the Iraqi and Chinese sides have prepared well for the visit in the past months, through continuous meetings with major Chinese companies And complete the funding model through the Iraq-China Joint Reconstruction Fund."

Al-Hunain said that "the visit will be signed during the visit major contracts and agreements in the sectors of industry and agriculture, building schools, hospitals, housing, roads, trains and bridges," returned the visit "falls within the philosophy of the Prime Minister in opening up to the world, and that Iraq is a friend of all, and an influential factor in the world, It is a bridge between all the countries of the world."

He stressed that "China will not be the last in this deal, there is a large trend towards the United States of America to sign major contracts ready with US companies, in addition to Iraq opened its doors to its neighbors to work and invest in it, and top of these countries Saudi Arabia, Iran, Turkey and Qatar Egypt and the rest of the Gulf states."     LINK

MilitiaMan:  This is no coincidence. The meeting with China and USA is same day too.. ~ MM

Titus2mom4:  Oh wow, so we must be pretty much done and ready to go to the banks! IMO!!! Wow!!

Iobey777:   WOW!!!! A DOUBLE DUTY TRIP THIS THURSDAY!!!! SOUNDS LIKE THURSDAY MAY BE **HISTORICAL**  IMO!!!

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Samson:  Moody's downgrades Hong Kong's outlook as protests continue

16th September, 2019

Downgraded agency "Moody's" credit rating outlook for "Hong Kong" to negative from stable with continued strong protests in the country

Fitch downgraded Hong Kong's credit rating for the first time since 1995, at AA instead of the previous AA rating

Moody's said in a statement on Monday that the decision to change the outlook for Hong Kong to negative signals raises growing concern about the transformation, despite recent steps taken by the Hong Kong government to accommodate some of the demands of the demonstrators

The longer the stand-off between protesters and the government, the greater the risk of Hong Kong becoming less attractive as a global economic and financial hub

However, the agency confirmed Hong Kong's credit rating at (Aa2), citing "strong financial stores, with a lower burden of government debt and ample foreign exchange reserves

Hong Kong is likely to be downgraded if the government's policy fails to end the protests, the agency said   LINK

Samson:  China, US to hold round of trade talks

17th September, 2019

The United States and China will begin deputy trade talks this week in Washington to pave the way for high-level talks next month

The spokesman for the US Trade Representative, said on Tuesday, the two countries intend to hold talks on Thursday, without giving further details

Previously, trade talks at the lower house level were led by a spokesman for the Chinese minister of commerce

The United States decided last week to postpone the application of additional tariffs on Chinese products worth 250 billion dollars for two weeks, to be applied in the middle of next month

China also decided to exclude 16 US products from the tariff list for a year, and announced its intention to remove some US agricultural products such as soybeans and pork from the tariff list   LINK

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Samson:  The Fed plans to inject $ 75 billion into the financial system

17th September, 2019

The Federal Reserve said it would inject $ 75 billion into the financial system to stem a sharp rise in short-term financing costs in the United States

The Federal Reserve Bank of New York, which is conducting market operations for the US central bank, said on Tuesday it would launch a repurchase of securities to help keep the federal funds rate within the target range of 2 to 2.25 per cent

The cost of borrowing cash for the sale of US Treasury bonds overnight using repurchase agreements rose to 10 per cent, according to the data

This has raised the effective interest rate on federal funds to 2.25 per cent, higher than the Federal Reserve's target of 2 to 2.25 per cent

The bank said the operation would be conducted at a total of $ 75 billion, and talk of federal intervention has brought the repo rate back to zero, according to the Financial Times

Repurchases are a way for borrowers to raise short-term financing by agreeing to buy and sell securities over very short time frames   LINK

Frank26 and KTFA Members "News and Views" Monday Afternoon 9-16-19

KTFA:

Frank26:  GREETINGS FAMILY.........

MY DAYS WITH YOU ON THE STUDY OF THE IRAQI DINAR ARE COMING TO AND END.

I INVITE MY KTFA KONA FAMILY TO JOIN ME TONIGHT ON OUR UB2B (youtube) AT 4:30 PM EST FOR THE INTRO TO OUR MONDAY NIGHT CONFERENCE CALL THAT STARTS AT 7PM EST.

I ALSO INVITE THE INTERNET TO COME AND JOIN US AT : http://www.ktfalways.com   SO THAT WE CAN STUDY THE RAMIFICATIONS OF IRAN'S ACTIONS SATURDAY ON OUR INVESTMENT.

FINALLY ON OUR LAST UB2B I POINTED ............WITH FF77 ............MY HOPES ARE YOU CAUGHT IT FAMILY.

IF NOT..........THEN TONIGHT MAKE SURE YOU BRING THAT DRAWING I DID FOR YOU ABOUT THE MONTH OF............SEPTEMBER.

GOD BLESS YOU ALL AND SWEET ALOHA \M/ 

Frank 26 Youtube videos:   https://www.youtube.com/results?search_query=frank26

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Samson:   Greek Foreign Minister visits Iraq

16th September, 2019
The head of the European Department, Ismail Shafiq Mohsen, met with the Greek Ambassador UNIDAS Kontofonios in Baghdad at the Iraqi Foreign Ministry.

"During the meeting, they discussed and discussed the latest developments in the international and regional arena and ways of enhancing bilateral relations between the two countries," a foreign ministry statement said.

"The two ambassadors also discussed the current arrangements for the forthcoming visit of the Greek Foreign Minister to Iraq soon," the statement added.     LINK

Cleitus:  The conservative elected government of Greece is paving the way for businesses to enter Iraq.  There is a debt to pay to the IMF and doors and eyes are beginning to open for the Greek peoples! These are very positive developments for the people and the country!  More is coming!!!   Thank you IRAQ!!!

Samson:   The National Bank of Poland launched the updated banknote for 100 zloty

16th September, 2019

To / All licensed banks ( National Bank of Poland put forward for circulation the

updated banknote for the category ( 100 ) zloty ) ... To view Click here

https://cbi.iq/news/view/1283

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Samson:  Baghdad sends the dues of farmers in the Kurdistan region in full

16th September, 2019
The Federal Ministry of Industry and Trade in the Kurdistan Regional Government said on Monday that the federal government will send the dues of farmers in the region for a crop for wheat at the end of this year.

Baghdad has recently sent an amount of 51 billion dinars to the region as a payment to farmers.

Ministry spokesman Fathi Mohammed said in a press statement that the Iraqi Ministry of Commerce sent another amount of 51 billion dinars to farmers in the region, adding that 17 billion were distributed to each province with the start of distribution.

He added that of a total of 181 billion dinars financial receipts for the wheat crop in the Kurdistan region, only 25 billion dinars left with Baghdad, adding that by the end of the year will be sent in full. LINK

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Samson:  Al-Rafidain: 25 million advance for employees is flowing
16th September, 2019

Rafidain Bank confirmed on Monday that the application for an advance of 25 million dinars for state employees is being smooth and high turnout

The bank's media office said in a statement seen by Al-Eqtisadiah that the granting of a 25 million advance would be exclusively for the employees of the endemic state

The statement added that "the application for advances is through the bank branches scattered in Baghdad and the provinces    LINK

Samson:  10 Main axes focused by the central bank governors in the 43rd session

15th September, 2019
Egyptian Prime Minister Mostafa Madbouly on Sunday inaugurated the 43rd session of the Board of Governors of Central Banks and Arab Monetary Institutions.

The Central Bank of Egypt said in a statement on Sunday that the 43rd session of the Board of Governors of Central Banks discussed 10 main axes as follows:

1- Regional and international monetary, economic and financial developments, their repercussions on the Arab economies, and the challenges facing the world economy, including high levels of indebtedness and developments in world trade. 

2. Governance of Central Banks Rapid developments and expansion of responsibilities of central banks.

3. Strengthen the capacity of central banks to support financial stability and develop risk management in line with developments in the financial and banking sector. In this context, the Board welcomed the recommendations of the recent IMF study on the governance of central banks. 

4 - The accelerated developments in the financial and banking industry in terms of the growth of cryptocurrencies issuance of central banks, and focused the interventions of the members of the Council on the opportunities offered by cryptocurrencies in promoting financial inclusion, fighting corruption and money laundering, and the development of electronic payment tools and improve liquidity management.

The CBE pointed out that the Council noted the need to address the risks that may arise, in addition to studying the possible effects on monetary policy and the importance of appropriate preparation.

5. Building the capacity of central banks wishing to issue cryptocurrencies, and developing standards regarding digital identity and the principles of knowing your customer. The Council also stressed the importance of developing appropriate legislation and enhancing international coordination in this regard. 

6. The work and recommendations of its committees and task forces, namely, the Arab Banking Supervisory Committee, the Regional Working Group for Promoting Financial Inclusion in the Arab States, the Financial Stability Task Force, the Arab Commission for Payment and Settlement Systems, and the Arab Credit Information Committee. 

In this context, the Board discussed a number of papers and topics worked on by committees and teams, the most important of which were “Banking Supervision on Institutions of Local Systemic Importance: Arab Experiences”, “Responsible Finance: Policies, Tools and Experiences”; Arab Countries and their Impact on Financial Stability", "Experiences of Instant Payments in Arab Countries", and" General Principles of Credit Rating for SMEs: Arab Experiences".

The Council stressed the importance of the proposals and recommendations contained in these papers, calling for their implementation in accordance with the situation of each country. He also briefed the CBE on the experience of the CBE in developing national payment systems and benefiting from modern technologies.

The Council welcomed the establishment of the Group of Modern Financial Technologies, due to its importance as a platform that brings together the most important parties and parties concerned with the development of the environment for financial technologies. 

In this context, the Council stressed the importance of studying the proposal to establish a regulatory laboratory to encourage financial innovations, as a proposed new framework for cooperation and regional experiences among the supervisory authorities in the Arab region to encourage the establishment of financial technology companies and to promote capacity building in this area. The Council also called on Arab central banks to work to maximize the use of modern financial technologies.

The Council also welcomed the regional initiative to promote financial inclusion in the Arab region launched by the Arab Monetary Fund in cooperation with the World Bank, the Global Alliance for Financial Inclusion and the German Development Agency. 

The Council looked forward to the activities and activities of this initiative, stressing the importance of benefiting from technical solutions to enhance financial inclusion. In this context, the Council noted the model of statistical surveys of the demand for financial services prepared under this initiative. 

The Board discussed the follow-up of the implementation of the Arab Clearing System. The Council called for providing support and support to the efforts of the Arab Monetary Fund in completing the establishment of the institution and its services and activities, and enhancing opportunities for the participation of Arab banks and financial institutions and banking in the use of the system that will be managed by this institution, as the Council stressed, the application of the highest international standards and principles.     

The members of the Board reviewed the Financial Stability Report for 2019 and expressed their appreciation for the follow-up of the Arab Monetary Fund to prepare and issue the report, including the topics and analysis. The Council stressed the importance of the report continuously reflecting priority developments and issues for Arab countries.

The Board reviewed the draft of the unified Arab speech to be delivered on behalf of the Arab Group during the annual meetings of the IMF and the World Bank. 

Council members reiterated the importance of providing more financial support to Arab countries. They also reiterated their call for strengthening partnerships between international financial institutions and Arab funds and financial institutions.   LINK

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Samson:  President of the Republic: We will present the draft law of the Reconstruction Council to the parliament

9/15/2018 20:18
President of the Republic Barham Saleh, on Sunday, with the parliamentary legal committee, the legislation of important laws in parliament during the coming period.

According to a presidential statement received by the agency (Euphrates News) a copy, that "Saleh received at the Peace Palace in Baghdad on Sunday, Chairman of the Legal Committee in the House of Representatives Rebwar Hadi and the delegation accompanying him."

Saleh stressed, according to the statement, "the importance of focusing on the important legislation to complete the building of the state and the development of the educational and educational environment in the country," pointing out that "the current legislative chapter will be an important chapter, where the Presidency of the Republic will submit to Parliament with the Prime Minister jointly draft reconstruction law, which It will be a breakthrough for a major economic transformation in the country aimed at completing infrastructure projects and providing job opportunities for young people."

The President expressed his hope that these projects will be approved quickly, especially as there is fruitful cooperation between the three presidencies, stressing the importance of coordination between the Presidency and the Parliamentary Legal Committee in order to legislate important laws that serve citizens and contribute to the consolidation of security and stability in the country.   LINK

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Samson:   Economist: oil prices may exceed $ 100 a barrel

16th September, 2019
Oil expert Majid al-Suri said Monday that oil prices could exceed $ 100 if Saudi Arabia loses 50 percent of its oil production, or more than 5 million barrels of oil, pointing out that oil producing countries will not be able to cover the shortage in oil production.

He said in a statement to the information, that "information about the loss of Saudi Arabia half of its oil production will lead to the rise in the price of a barrel to more than $ 100, because that means the loss of Riyadh more than 5 million barrels," noting that "oil-producing countries will benefit from This rise will cover the shortage, especially America, which has large oil reserves.”

He explained that "the world will need more than three million barrels of oil to make up for the shortage of production, where will not be able to produce countries, including Iraq to provide this quantity," pointing out that "Saudi Arabia can release its oil stocks to create a balance in the shortage."

Suri said, "Winter is on the doors, and the world will demand additional oil, as the trend today to reduce production, but the recent events, especially if Saudi information is believed to lose 50% of its production, the world will see a shortage of oil will raise prices to more than 100 Dollars a barrel.” LINK

Frank26 and KTFA Members "Gold, Oil and Currencues" 9-16-19

KTFA:

Don961:  China and the financial sector

Sunday 15 September 2019

 When it comes to economic development, depending on the existence of the elements to achieve this goal, the task requires priorities to be taken into account, in order to reach the desired integration in all parts of the local economy. 

In any case, the construction process requires international contact with economies that are weighted around the globe, which is obvious among the world economies seeking mutual benefit for sustainability.

Today, we have a broader orientation towards the Chinese economy, although the trade cooperation between the two countries is not the result of the moment. Financial.

Indicators confirm that the volume of trade exchange with China touched 37 billion dollars, and adopt mechanisms dealing through regional banks, and here we must in fact have a banking system capable of managing this process, through the adoption of correspondent banks or the opening of branches of Chinese banks inside Iraq, as can The adoption of bilateral partnerships in the financial sector, the result of which banks are sober leading to the mutual benefit of the economies of the two countries. 

The existence of a sound financial sector under the joint management of the owner of advanced financial technology is truly a cornerstone for the development of the national economy in all the details and puts the country in a position commensurate with its capabilities on the global list. 

The partnership with China, which has an advanced economy and has an active presence in the region is important, taking into account the communication with major international economic companies, especially as the Iraqi labor market accommodates the efforts of major international companies, and can be a starting point for major international industries are established inside Iraq It will arrive in the West markets within five days. 

Our economy is wide and we have to work according to these data and build with confidence and start from where the world ended.   link

MilitiaMan:  The above data supports that WS is right and apparently on time. We were told about this PBs in the USA to be within two weeks back on 09/06/2019. Well two weeks from then is 09/20/2019 imo. Today is the 15th.. lol  If they will arrive within five days it sure would seem they would have the international rate exposed prior to that time, imo..

Frank26:  TAKE NOTE IMO ..................... HAS TO BE WITHIN THESE ..........5. 

MilitiaMan:  Then the pressure is on now and big time. imo! The most logical time is upon us. imo That is when the markets bare the least disruptions.. imo! ` MM

Coco:  Oil is up nearly 12% and Gold is up nearly 1% in Pre-Market Trading this evening.

Frank26:  SMILE ................. YUP........ AND I ASKED ON UB2B LAST NIGHT ................ WILL GOLD BE POSTED NOW ON CBI ? 

MilitiaMan:  Will gold be posted on the CBI? I would expect so once they change the rate and allow for Fils, NSCNs and bullion in the ATMs.. Sound about right? ~ MM

Frank26:  (thumbs up)

2Cents:  Frank E   Frank E……Mahdi in Russia Thursday - Sunday.......?????  

Frank26:  BECAUSE IMO .........  IN THAT LINE OF DEALS THEY ARE ............. NEXT

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Samson:  Adel Abdul Mahdi receives a call from US Secretary of State Pompeo
16th September, 2019

Prime Minister Adel Abdul-Mahdi's office said Monday that he had received a call from US Secretary of State Mike Pompeo.

"Prime Minister Adel Abdul-Mahdi received a telephone call from US Secretary of State Mike Pompeo," the office said in a statement received by the Independent.

An informed source said that "the two sides discussed the political and security situation in the region in addition to strengthening relations between Iraq and the United States."   LINK

Samson:  Oil prices rise after Saudi attacks
16th September, 2019

Oil prices rose on Monday as Brent crude posted its biggest percentage gain in a day since the Gulf War began in 1991 after an attack on two oil facilities in Saudi Arabia halted production of the equivalent of 5 percent of global supplies

Brent crude futures jumped as much as 19.5 percent to $ 71.95 a barrel during today's trading, the biggest gain since January 14, 1991. By 0343 GMT, the contract for next month rose to $ 66.20 a barrel, up $ 5.98, or 9.9 percent compared to the previous close

US West Texas Intermediate (WTI) crude futures jumped as much as 15.5 percent to $ 63.34 a barrel, the biggest percentage gain in a day since June 22, 1998. By 0343 GMT, next month's contract rose to $ 59.73 a barrel, up 4.88 percent. Dollars or 8.9 percent

Saudi Aramco said the attacks had cut oil production by 5.7 million barrels per day. The company did not provide a timeframe to fully resume production

A return to full capacity could take weeks, an informed source told Reuters

An oil industry source told Reuters Saudi Arabia's oil exports would continue as usual this week as the kingdom uses stocks from its major facilities    LINK

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Samson:  Russian Energy Minister: There are sufficient commercial oil stocks around the world to cover any shortage of supplies

16th September, 2019

 Russian Energy Minister Alexander Novak said he planned to talk to his Saudi counterpart after attacks on Saudi oil facilities, adding that there were sufficient commercial oil stocks around the world to cover any shortage of supplies from Saudi Arabia

Novak said the criteria for the global oil production deal were unchanged and there was no immediate need for an extraordinary meeting of OPEC and independent producers   LINK

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Samson:  Germany: Withdrawal from oil reserves is a joint decision of the International Energy Agency
16th September, 2019

The German government said its oil supplies were unaffected by attacks on Saudi refineries over the weekend and any decision to withdraw from strategic reserves should be made in conjunction with members of the International Energy Agency

"We are monitoring the situation closely and the oil supply in Germany is not affected at the moment," a ministry spokeswoman said. Globalism

"The decision to withdraw from strategic oil reserves to compensate for global supply disruptions should be made jointly with members of the International Energy Agency (IEA) and at the moment this is not under consideration   LINK

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Samson:  Goldman: Brent may exceed $ 75 if the Saudi stop exceeds 6 weeks
16th September, 2019

Goldman Sachs said a production cut of more than six weeks due to the drone attack on two Saudi oil facilities over the weekend could bring Brent crude above $ 75 a barrel, although the impact of the attack has yet to be determined

"A disruption of production for this period under current levels will not only lead to an increase in Brent crude prices, but will also lead to the withdrawal of strategic oil reserves" in quantities large enough to fill such a deficit for several months, the Wall Street bank said in a note on Sunday. And put prices at their current levels

Oil prices rose on Monday, with Brent crude the biggest percentage increase on the day since the 1991 Gulf War because of Saturday's attacks that cut more than 5 percent of global supplies

A total shutdown of about 4 million barrels per day (bpd) for more than three months is likely to push prices above $ 75 a barrel, the bank said

The British bank Barclays said the attacks would not likely reduce Saudi oil exports significantly by the large stock of crude oil and petroleum products in Saudi Arabia   LINK

Samson:   After the rise of oil .. Gold jumps 1%

 2019/16 11:38

Gold jumped 1 percent on Monday as attacks on two oil facilities in Saudi Arabia led to risk aversion and boosted demand for the safe-haven yellow metal as investors awaited signs of monetary easing from meetings of major central banks this week.

Gold rose 1 percent in spot trade to $ 1503.60 an ounce by 0601 GMT, and prices fell 1.2 percent the previous week on hopes of a close end to the trade dispute between China and the United States. US gold futures rose 0.8 percent to $ 1,511.40 an ounce, after oil prices rose nearly 20 percent. Oanda analyst Jeffrey Haley said the attacks on Saudi oil facilities had shifted attention from stocks to safe havens.

With tensions mounting in the Middle East and hopes of more stimulus measures from major central banks, the next target for gold would be $ 1,530, he said. On the other precious metals, silver jumped 3 percent to $ 18 an ounce, and platinum rose 0.5 percent to $ 953.31. Palladium, meanwhile, gained 0.5 percent to $ 1,614.  LINK

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Samson:  The currencies of oil-exporting countries record broad gains after the Aramco attack

16th September, 2019

The currencies of oil-exporting countries recorded wide gains during trading on Monday, after the attack on refineries in Saudi Arabia

On Saturday, Saudi Aramco factories in Khurais and Abqaiq were set ablaze by drone attacks

The accident resulted in the discontinuation of 5.7 million barrels of crude oil supplies , or about 50 percent of the company's production, with government assurances that part of the decline will be compensated for its customers through inventories

Oil prices jumped after the crash due to a shortage of crude. Brent crude rose to $ 71.95 a barrel by about 19.5 percent, the largest single-day rise since January 1991

The currencies of the countries exporting crude received support from these developments, while the currencies of the importing countries declined

Norway's currency rose as one of the largest exporters of crude, and by 9:45 am GMT krona against the dollar rose about 0.2 percent to 8.9731 crowns

The Canadian dollar was also up against its US counterpart by 0.2 percent to 1.3258 Canadian dollars

On the other hand, the currencies of Turkey and India, as one of the major importers of crude

During that period, the Indian rupee fell against the US dollar by about 0.9 percent to 71.5400 rupees

The lira also fell against the dollar by 0.5 percent at 5.7141 pounds   LINK

Frank, KTFA, X22 and More Sunday Night 9-15-19

KTFA:

Frank26  VIDEO ~ BIG MISTAKE IRAN ...... BUT THANK YOU VERY MUCH https://youtu.be/hrEGsASxh3U 

FRANK: NEXT WEEK IRAQ WILL BE SIGNING MAJOR DEALS WITH COUNTRIES ALL OVER THE WORLD...

SAMSUNG IS A BIG DEAL... SIGNING DEALS WITH CHINA ON 19TH OF SEPT, DRAMATIC POSITIVE EFFECTS, MAJOR DEALS...

CHINA CANT GO IN THERE UNLESS THEY MAKE SOME ANNOUNCEMENTS ....

NEXT WEEK MORE TRAINING SEMINARS FOR THE PUBLIC/CITIZENS, BANK TELLERS IN IRAQ SAYING THAT... MAYBE THE INFO WE ARE LOOKING FOR  ...

THEY TOLD THEM A FEW WEEKS AGO ABOUT THE COINS - THESE ARE A FOLLOW UP TO THAT

Tivon​ - After what happened this week there is no way this is going into October. Iran just sped this up to the highest degree.

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Don961:  Parliamentary Energy: Parliament is determined to pass the oil and gas law during the current legislative term

By ahad5 15/09/2019 08:56 PM | Number Of Hits: 511Ahd News - Baghdad

The oil and energy parliamentary committee announced on Sunday that the Presidency of Parliament sent a formal request to the government to send a draft oil and gas bill in order to complete its reading and vote during the current legislative term.

The committee member Muzaffar Fazl said that "the House of Representatives is determined to pass a number of laws that have been stalled disabled since the previous sessions because of political differences on them."  

He added that "among the laws that are being moved to pass the oil and gas law," noting that "the Presidency of the Parliament sent a request to the government to send a draft   oil and gas bill for the purpose of completing the first and second reading and make amendments to it."

He explained that "the Council is determined to pass the law during the current legislative term."

Finished / 8     link  

Don961:   Washington: Ready to withdraw from strategic oil reserves

by Ali EjamEconomics3 Hours ago

Washington - “Liberation Squares”

The administration of US President Donald Trump has confirmed that it is ready to withdraw from strategic oil reserves if necessary after the attacks on Saudi Arabia and stopped more than half of the production of the world's largest oil exporter.

The US Department of Energy manages the strategic oil reserves held in heavily guarded underground reservoirs on the coasts of Texas and Louisiana.

The Iranian-allied Houthi group in Yemen has claimed responsibility for the attack, which disrupted production of about 5 million barrels, accounting for 5 percent of world production, but US Secretary of State Mike Pompeo blamed Iran alone for the attack.

The US reserve, the largest in the world, is about 645 million barrels of oil, according to the ministry's website, and consists of 395 million barrels of high sulfur heavy crude and 250 million barrels of US light crude.   link

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Don961:  China and the financial sector

Sunday 15 September 2019

 When it comes to economic development, depending on the existence of the elements to achieve this goal, the task requires priorities to be taken into account, in order to reach the desired integration in all parts of the local economy. 

In any case, the construction process requires international contact with economies that are weighted around the globe, which is obvious among the world economies seeking mutual benefit for sustainability.

Today, we have a broader orientation towards the Chinese economy, although the trade cooperation between the two countries is not the result of the moment. Financial.

Indicators confirm that the volume of trade exchange with China touched 37 billion dollars, and adopt mechanisms dealing through regional banks, and here we must in fact have a banking system capable of managing this process, through the adoption of correspondent banks or the opening of branches of Chinese banks inside Iraq, as can The adoption of bilateral partnerships in the financial sector, the result of which banks are sober leading to the mutual benefit of the economies of the two countries. 

The existence of a sound financial sector under the joint management of the owner of advanced financial technology is truly a cornerstone for the development of the national economy in all the details and puts the country in a position commensurate with its capabilities on the global list. 

The partnership with China, which has an advanced economy and has an active presence in the region is important, taking into account the communication with major international economic companies, especially as the Iraqi labor market accommodates the efforts of major international companies, and can be a starting point for major international industries are established inside Iraq It will arrive in the West markets within five days. 

Our economy is wide and we have to work according to these data and build with confidence and start from where the world ended.   link

MilitiaMan:   The above data supports that WS is right and apparently on time. We were told about this PBs in the USA to be within two weeks back on 09/06/2019. Well two weeks from then is 09/20/2019 imo. Today is the 15th.. lol  If they will arrive within five days it sure would seem they would have the international rate exposed prior to that time, imo..

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Don961:   Saudi Arabia aims to recover one-third of lost oil production by Monday

Baghdad / News:
Saudi Arabia plans to restore oil production by a third on Monday, which was halted by drone attacks on its oil infrastructure, the Wall Street Journal quoted Saudi officials as saying.

"We should be able to bring back two million barrels of oil ... by tomorrow," a Saudi official said.

"The situation is certainly worse than we expected in the early hours after the attack, but we are trying to make sure that the market will not face any shortage until we enter the full normal situation," the official said.

Saudi military expert: Iran is not the only accused in the attacks "Aramco" and the Kingdom's call to strike "dangerous"

The group "Ansar Allah" (Houthis), claimed the attack by drones targeted, earlier, oil installations belonging to the Saudi oil giant "Aramco" in the provinces of "Abqaiq" and "Hijrat Khurais" in the eastern region of Saudi Arabia.

A spokesman for the Yemeni armed forces loyal to the group, Brigadier General Yahya Serai, said in a statement, "The air force carried out a large-scale operation with 10 drones, targeting the refineries Abqaiq and Khurais in eastern Saudi Arabia."

He added, "targeting Abqaiq and Khurais fields of the largest operations in the Saudi depth; and called the second deterrence balance."

The Saudi Interior Ministry later announced control of two fires at the oil facilities.   link

[CB] [DS] Major Attempt To Bring Down The World Economy - Episode 1970a

X22 Report:  Published on Sep 15, 2019

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

This Is Not A Game, [DS] Attacks Intensified, Barr Receives Report - Episode 1970b

X22 Report:  Published on Sep 15, 2019

https://youtu.be/h_d1YMMnAZc?t=2

KTFA Members "Sunday News" 9-15-19

KTFA:

Samson:  The Central Bank holds a workshop in preparation for the classification of banks operating in Iraq internationally

15th September, 2019

As part of the efforts of the Central Bank of Iraq to develop the performance of banks and keep them in line with international standards, this bank held a workshop on the requirements of classification of banks operating in Iraq by international agencies

 The workshop included assessment requirements from international rating agencies, most notably

-Challenges faced by banks to prepare evaluation within international standards.

- The positive impact of the evaluation with international banking relations and correspondent banks.

- The impact of evaluation in increasing the principle of transparency of shareholders and the application of corporate governance.

- Risk assessment of banks in neutral terms and its importance in correcting gaps and increasing future hedges.

 It is noteworthy that the Board of Directors of the Central Bank of Iraq approved in its resolution No. (113) of 2019 to the adoption of international credit rating agencies for banks operating in Iraq and work from 2020

 Central Bank of Iraq information Office 2019/9/15

https://cbi.iq/news/view/1281

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Samson:  Iran announces the participation of its companies in the 46th session of the Baghdad International Fair

15th September, 2019
Announced Iran's trade promotion organization, Sunday, he is scheduled to participate Iranian companies in the forty - sixth to be held in the Iraqi capital Baghdad early next November International Trade Fair.

Mehr news agency in the news of his translation / information / quoted that "the Iranian wing aims to strengthen the presence of Iranian companies in target markets, and the establishment of mutual relations with foreign companies to participate in exhibitions, and promote a successful and sustainable presence in the regional markets in the end."

He added that "Iranian companies It will showcase different types of products, including the food industry, textiles, detergents, cosmetics, ceramic ware, metal products, machinery and crafts. ”

The Baghdad International Fair, founded in 1968, is the largest international exhibition and annual promotion in Iraq.   LINK

Samson:  Parliamentary Commission reveals many problems in the Trade Bank Visa Card

9/15/2019 14:29 

The head of the parliamentary information and communications committee, Naim al-Aboudi, criticized the technical and technical problems in the "Visa Card" issued by the Iraqi Trade Bank.

Al-Aboudi said in a tweet on his Twitter account: "One of the advantages of developed countries offer banking transactions, but unfortunately is still a visa card issued by the Trade Bank of Iraq (TBI) where many technical and technical problems require accelerated treatment in order to contribute to the development of the banking sector in Iraq and rid it of Bank literacy virus".     LINK

 Pdids:   THE WORDING ABOVE IS IN " PAST TENSE ", THEREFORE, IT LOOKS AS IF THE " VISA CARD " IS IN CIRCULATION......JUST NEEDS TO HAVE SOME KINKS WORKED OUT! 

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Samson:  Kiki: Baghdad owes Kurdistan $ 9 billion in international loans

15th September, 2019
The Kurdish Democratic Party MP Bashar al-Kiki said on Sunday that Baghdad owes the Kurdistan Regional Government about $ 9 billion.

"There are dues to the federal government on the federal government, including the share of the territory deducted from the years 2014-2018, which is estimated at about $ 80 billion," Al-Kiki was quoted as saying about the Kurdistan government's financial dues due to the federal government. Haider al-Abadi not to deliver federal funds to the region only after the delivery of the latter's share of oil extracted in the region to Baghdad.

Al-Kiki added that "Baghdad owes the region about $ 9 billion as a result of the failure of Baghdad to cover the region by a percentage of international loans," pointing to "a practical and real dialogue between Baghdad and Erbil in order to settle the corresponding obligations, and the provincial government is serious in reaching a reassuring agreement for both sides, and within those The agreements make an adjustment in the structure of the Sumo Company (the North Federal Oil Company) in terms of making decisions and opening an account for the value of 250 thousand barrels according to the budget in the region.

Kiki also expressed "the willingness of the region to present its final accounts, provided that this is before the Parliament of the region exclusively."    LINK

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Don961:  China and the financial sector
Sunday 15 September 2019 

When it comes to economic development, depending on the existence of the elements to achieve this goal, the task requires priorities to be taken into account, in order to reach the desired integration in all parts of the local economy. 

In any case, the construction process requires international contact with economies that are weighted around the globe, which is obvious among the world economies seeking mutual benefit for sustainability.

Today, we have a broader orientation towards the Chinese economy, although the trade cooperation between the two countries is not the result of the moment. Financial.

Indicators confirm that the volume of trade exchange with China touched 37 billion dollars, and adopt mechanisms dealing through regional banks, and here we must in fact have a banking system capable of managing this process, through the adoption of correspondent banks or the opening of branches of Chinese banks inside Iraq, as can The adoption of bilateral partnerships in the financial sector, the result of which banks are sober leading to the mutual benefit of the economies of the two countries. 

The existence of a sound financial sector under the joint management of the owner of advanced financial technology is truly a cornerstone for the development of the national economy in all the details and puts the country in a position commensurate with its capabilities on the global list. 

The partnership with China, which has an advanced economy and has an active presence in the region is important, taking into account the communication with major international economic companies, especially as the Iraqi labor market accommodates the efforts of major international companies, and can be a starting point for major international industries are established inside Iraq It will arrive in the West markets within five days. 

Our economy is wide and we have to work according to these data and build with confidence and start from where the world ended.     link

Don961:  Central banks seek to save the global economy

Sunday 15 September 2019

Capitals / Agencies

Last week saw tough steps by the European Central Bank and others aimed at easing monetary policy in an effort to support the economy, but do they work?

The steps of the global central banks are to see some cuts in interest rates as Turkey did amid openness to further action, such as the quantitative easing programs once again as the ECB decided.

 European Central Bank

The European Central Bank (ECB) cut interest rates on deposit facilities by 10 basis points to -0.5 percent, while keeping rates on major refinancing, refinancing and marginal lending at 0.00 percent and 0.25 percent respectively, according to the monetary policy statement.

ECB President Mario Draghi, who is preparing to step down next month, attributed the bank's decisions to three main factors: slowing economic growth, continuing downside risks in world trade and revising inflation expectations for a downturn.

Moreover, inflation in the euro zone, standing at 1 percent, is far from the central bank's target of just under 2 percent.

 Interest rate

Looking at Turkey, the Turkish Central Bank has implemented a sharp rate cut with a 325bp cut, a move almost similar to its last meeting, bringing the total to 7.5% or 750bp.

The interest rate in Turkey is now 16.5 percent, after standing at 24 percent less than two months ago, which is in line with the desire and expectations of Erdogan.

Turkey's monetary policy decision coincides with the Middle East's largest economy avoiding a recession, slowing inflation to a 15-month low and inflation expectations are improving.

Similarly, Denmark's central bank has cut interest rates by 10 basis points to a record low of 0.75 percent, the same move Russia did a few days ago.

 Cash Facilitation

In the wake of the global financial crisis, central banks around the world have taken easing steps in their monetary policy to support the waning economy and stimulate economic growth, which has already been seen over the past few years.

But more than a decade after the crisis, amid strong signs that the global economy is slowing, will the central bank's cautious tone scenario succeed again? In other words, do steps to reduce interest and quantitative easing programs bear fruit ?.

Ella Barch, head of economics and market research at the Black Rock Institute, said there was an urgent need for unprecedented policies to deal with the downturn.

The reason for this is that monetary policy has already exhausted many of its instruments with global interest rates falling to zero or below.

No matter how many opinions analyze the effectiveness of repetition of the central bank response scenario, this question persists until the actual experience proves a clear and specific answer.  link

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Don961:  Appearance of Mohammed Saleh: Iraq's financial situation is reassuring

Sunday 15 September 2019

Baghdad / morning

 Certainly, the financial situation in Iraq is reassuring and the deficits that are talked about are hypothetical, and that financial sustainability is not threatened with the presence of reserves at the Central Bank of Iraq and the government estimated at $ 87 billion, as well as a surplus ranging between $ 13-12 billion and we in the last quarter From this year.

Financial Advisor to the Prime Minister d. The appearance of Mohammed Saleh said: "The deficits in the budget hypothetical, and that the financial situation of Iraq is reassuring and does not threaten financial sustainability and under control," pointing out that "Iraq in the fourth quarter of the year and there is a surplus liquidity between 13-12 billion dollars."

 Opening balance

He added that "the public finances act according to priorities, and that the Ministry of Finance governs control of expenses, and recognizes the important thing that must be spent," stressing that in the "2018 budget there was a surplus of 20 trillion dinars, and thus a large opening balance"

He pointed out that "the fiscal deficit that is being talked about is hypothetical and not realistic, as ministries provide many requirements are taken important and required and determines the importance of disbursement according to the financial situation," pointing to the "rationalization of spending and this comes from the imperative to control liquidity."

Financial sustainability

He explained that "when preparing the budget requests are very large, so the figures appear large, but at the same time not all requests are taken, but are adopted important things that do not strain the country and maintain financial sustainability."

Saleh said: "The abundance of strategic crop production and cover local demand and the federal budget provided the amount of 10 trillion dinars were allocated to import from global markets, and will rotate these funds Within the joints of the national economy to activate the joint. " 

He explained that "the reserve of the central bank along with the reserve of the government amounted to 87 billion dollars, and this is very positive gives a great resilience to the state in the most difficult circumstances."

Labor market

Saleh pointed to the "need to encourage the private sector to take its right role in the management of the economy, and provide tools to activate it in a way that serves all sectors, and praised the mobility witnessed in the housing sector and its impact on the movement of the local labor market," pointing out that "the provision of funding for the private sector makes it able To activate a lot of sectors. "

Economic aspect

In a press statement, MP Eng. Mohammed Sheaa Al-Sudani stressed the need to focus on legislating laws that support the non-rentier state and increase the economic activity by activating the industrial, agricultural, commercial and tourist sectors. Not to rely on the rentier economy in light of fluctuating oil prices and the possibility of the emergence of alternative sources 

Al-Sudani pointed out to the importance of activating the supervisory role of the audit and internal control departments, the bodies of the Financial Supervision Bureau and the concerned departments in the ministries to prevent the risk of corruption spreading in many parts of the economy.     link

KTFA Members "Saturday News" 9-14-19

KTFA:

Don961:  Today .. The first session of the third legislative term

Friday 13 September 2019

Baghdad / morning 

The first session of the third legislative term of the House of Representatives will begin on Saturday, amid the likelihood that the new chapter will be "hot" because of the files and laws that are supposed to be discussed by the House. 

Today's session includes a report and discussion (second reading) of the proposed amendment to the law of first amendment of the law of transplantation of human organs and prevention of trafficking No. (11) of 2016, and the report and discussion (second reading) of the draft law ratifying the protocol of 2014 supplementing the Convention on Forced Labor No. 29 of 1930

The first reading of the draft law of partnership between the public and private sectors

and a number of other items contained in the agenda of the session,

while this table of important files such as the resolution of the post of Minister of Education.  link

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Don961: Parliament votes on "sovereignty" and "missing and absentees" file

14th September, 2019
The Iraqi Council of Representatives voted on two issues concerning "Iraqi sovereignty" and the file "missing and absentees."

The correspondent of Twilight News from the parliament building that "the House of Representatives voted to form a committee to follow up government measures to take the necessary measures to preserve the sovereignty of Iraq, including heads of political blocs and representatives of the committees of foreign relations, security, defense and legal."

He added that "the House of Representatives also voted to form a committee to follow up the government procedures file missing and absentees and the return of the displaced, including heads of parliamentary blocs and representatives of the committees of security and defense, displaced and human rights and legal."   LINK

Samson:  Iraq receives an international award by electronic payment

14th September, 2019
Iraq won the best smart card at the global event (International Financial Prize 2019) Best Smart Card- Finance 2019 awarded to the global smart card company.

The member of the Baghdad Economic Forum Jassem Al-Aradi that "winning an international award in the detailed electronic payment is an important step, in the light of developments in the reality of electronic payment in the country, which touched the need of the Iraqi family, and is getting its dues effortlessly, via electronic payment card." 

He pointed out that "this award represents a new impetus for the company to develop the joints of its work and the development of new products rise to global," pointing to the "importance of supporting national companies that achieve success in their field, especially when the evaluation is international."

Iraq won for the first time in its history the award, which is the result of a great national effort for an Iraqi electronic payment company was able to transfer the reality of financial transactions to a sophisticated stage interacted with the public significantly and now embraces a family of 7 million beneficiaries, a figure not reached by the largest banks Region.

An official source in the company confirmed that the company invests in the youth sector and provides job opportunities for a large segment of them, and provides services that touch the need of the Iraqi family, stressing that "this award represents a new turning point in the company's work, and a motive for the development of work mechanisms and the presence of the Iraqi family During the adoption of new, more sophisticated systems contribute to the creation of new products.    LINK

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Don961:  Washington: It is ironic that Iraq remains hostage to Iranian energy

2019/09/13 09:51:41

 The US Treasury Department on Friday criticized Iraq's continued import of gas and electricity from Iran.

"We understand the need for Iraq to import gas from Iran," US Treasury Undersecretary for Counterterrorism Affairs Marshall Bellengelsia told a news conference.

 "It is ironic that Iraq remains hostage to Iranian energy for more than a decade."

Iraqi Oil Minister Thamer Ghadhban said Wednesday that his country would continue importing gas from Iran to cover the southern provinces' need for electricity.    link

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Samson:  Government source reveals program of Abdul-Mahdi's visit to China

14th September, 2019
The economic and political circles in Baghdad are looking with optimism to the forthcoming visit of Prime Minister Adel Abdul Mahdi to China on September 19 for four days, and it is reported in some economic circles that the visit will lead to the signing of about 30 large memorandums of understanding between Baghdad and Beijing include construction, construction, services, trade and industry.

The Iraqi Foreign Ministry said last week that "the Department of Asia and Australia in the ministry organized a consultative meeting for a number of representatives of Iraqi ministries and institutions," highlighting that "the discussion was reached on the memorandums of understanding and agreements, which are expected to be signed during the visit of Prime Minister Adel Abdul Mahdi to the People's Republic of China at the end of this month."

Abdul-Hussein al-Hunayen, an adviser to the Iraqi prime minister, said that "Abdul-Mahdi will head to China on the 19th of this month at the head of a large delegation, characterized by clear economic features, including ministers, advisors and businessmen."

Al-Hunain said to the Middle East that "the program of the next visit and economic files, which the Prime Minister holds major projects in roads and transport, services, education, health and other," noting that "the Iraqi and Chinese sides have prepared well for the visit in the past months, through continuous meetings With major Chinese companies, and complete the financing model through the Iraq-China Joint Reconstruction Fund."

Al-Hunain expects to sign during the visit "major contracts and agreements in the sectors of industry and agriculture, construction of schools, hospitals, housing, roads, trains and bridges," adding that the visit "falls within the philosophy of the Prime Minister in opening up to the world", and that Iraq "a friend of all, and an influential factor In the world and forms a bridge between all the different."

The prime minister's adviser pointed out that "China will not be the last in this deal, there is a large trend towards the United States to sign major contracts ready with US companies, such as (Exxon Mobil) and (GI) and others. In addition, Iraq has opened its doors to Its neighbors are to work and invest in it, on top of which are Saudi Arabia, Iran, Turkey, the Gulf states and Jordan. "

A large delegation of members of the ruling Communist Party of China (CPC) visited Baghdad in April to discuss Chinese investments in the reconstruction of liberated areas, and met with Iraqi officials and discussed with them coordination of Iraqi-Chinese cooperation in the fields of reconstruction, security and economy.

China welcomed the upcoming visit of Prime Minister Adel Abdul Mahdi to Beijing. "The Chinese side attaches great importance to developing relations with Iraq and looks forward to seizing the opportunity of this visit," said Tao. To make joint efforts, hand in hand with the Iraqi side, to further consolidate and deepen the Sino-Iraqi political mutual trust. "

Tao also expressed the hope that "the visit of Prime Minister Adel Abdul-Mahdi will contribute to enhancing the level of mutual cooperation in various fields, promoting human and cultural communication between the two friendly countries, and jointly drawing up future plans for China-Iraq strategic partnership relations."   LINK

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Samson:  IMF official: The global economy is "far from recession"
14th September, 2019

Trade tensions are affecting growth around the world but the IMF is "far from" expecting a global recession, an IMF official said

The official spoke as the IMF prepares to issue new economic forecasts next month

The IMF said on Thursday that tariffs imposed or threatened by the United States and China could cut 0.8 percent of global economic output in 2020 and trigger losses in the coming years

"Trade tensions are affecting growth," said the official, who is familiar with the forecasting process

"While manufacturing activity is weak, we also see resilience in the service sector and consumer confidence is holding. The question is how long that flexibility can last," said the official, who is not authorized to speak publicly

The IMF issues economic forecasts twice a year to coincide with its spring and autumn meetings, including global GDP forecasts for the current and next year    LINK

KTFA Members "News and Views" Friday PM 9-13-19

KTFA:

Tivon:  The International Iraqi airport is supposed to open on Oct 1st.

Also on that date the new Iraq/NASDAQ deal for trade is supposed to start on Oct 1st.

Not to mention that is also the new fiscal year.

The Private Banks are supposed to be opening before the end of next week. So with all of that said regarding those three pivotal events I don't know how Iraq will be able to escape this month without reinstating their currency ASAP.

Dragging this out beyond the 15th would be ridiculous given what lies ahead. 

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

Inspired:  For those who still have problem grasping (like I did) why Iraq needs 1000 Fils perhaps the following may help:

Currently, a loaf of bread (500gms) in Baghdad costs about 1246 IQD (US$1.05). When the RI/RV happens, instead of paying1246 IQD, they will pay 1 Dinar and 246 Fils.

Similarly, a pound of potatoes is about 361 IQD. When the rate changes, they need only pay 361 Fils. How much simpler can it get?? Over time, these goods will get cheaper as the value of the IQD increases INTERNATIONALLY.

Personally, I suspect the highest denoms in Fils will be 100 so carrying a few loose change wont be such a drama and a common occurence world wide.

Kuwait also has 1000 Fil = 1 Kuwaiti Dinar so it's not exactly that the CBI had an Einstein moment and wanted to introduce something special.

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

Coco:   September 22, 2019 will be exactly 15 years since their currency was placed at a program rate.  It is the last day of summer and falls on a Sunday.    Many revaluations of currencies take place in the third week of the month and Iraq in particular April or September.  IMO

MW:  Also... didn't Kim Clement mention in one of his videos that it will be in the FALL....I don't remember the exact words but it was something about the Fall... and Fall starts on the 23rd!!   Just a thought!!!

2Cents:  I thought it may be a good time to bring this article out of the FA thread......

FINAL ARTICLE # 92 :

DELTA:  BLAST FROM THE PAST: (wink)

Iraq discloses designs for redenominated banknotes slated for July 2013

Jul 21, 2012 08:17 AM Category: Middle East

According to Iraq's semi-official Alsabaah newspaper, the finance committee received specimens of the new Iraq banknotes from the Central Bank of Iraq.

The specimens were of the 25, 50, 100, and 200 dinars. The committee urged the central bank to delay the introduction of the new currency from January 2013 to July 2013 to study all the aspects of the process.

Other Iraqi media reports state that the new currency will be issued in denominations of 5, 10, 25, 50, 100, and 200 dinars for banknotes and 25, 50, 100, 250, and 500 fils, plus 1 and 2 dinars for coins. The designs have been already chosen for banknotes and coins:

5 dinars: Beck waterfall and palm tree

10 dinars: dinar coin minted in the reign of the Umayyad dynasty and lighthouse Hadba in Mosul

25 dinars: King Hammurabi receiving the law and farming of Iraqi Kurdistan

50 dinars: King Codaa and Fort Ukhaydir

100 dinars: Central Bank building in Azwaip area in Baghdad and ziggurat

200 dinars: bridge and school

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

Samson:  Saleh calls the Emir of Kuwait and reassured about his health

2019/1309  8:51 

The President of the Republic Barham Saleh, on Thursday evening, a phone call with the Amir of the State of Kuwait Sabah Al-Ahmad Al-Jaber Al-Sabah to check on his health.

Saleh wished the Emir continued good health and safety, and the Kuwaiti people continued prosperity and progress. For his part, the Emir of Kuwait expressed his sincere thanks and appreciation to His Excellency for the good feelings and sincere prayers, wishing him good health and well-being and the Iraqi people prosperity and security.

The emir left a hospital in the United States after completing successful medical tests. Sheikh Sabah had been admitted to a US hospital to complete medical tests, the Kuwait News Agency (KUNA) said on Sunday.   LINK

Popeye7:  Was there more to this visit than just a checkup?... Hmmmmm....

Samson:  There was an article two threads ago that the Emir had a meeting planned with Trump but due to the hospital tests it was cancelled/postponed.  It may have gone ahead.

Samson:   Activating a memorandum of understanding between Iraq and the World Tourism Organization

9/13/19 17:37

The delegation of the Ministry of Culture, Tourism and Antiquities represented by the head of the Tourism Authority, Hamoud Mohsen Hassan, participant in the meetings of the General Assembly, met with the Director General of Relations at the World Tourism Organization (Marcelo).

A statement by the Ministry of Culture received a copy of the agency (Euphrates News), that "was addressed the importance of the management and presidency of the Iraqi side of the meetings of the twenty-third session as a vice president of the General Assembly."

The statement added, "The Iraqi delegation also met with the regional director of the Middle East Committee of the Organization (Basma al-Maiman), which stressed the importance of the active role played by Iraq in the organization." He pointed out, "It was agreed during the meeting to activate the memorandum of understanding between Iraq and the World Tourism Organization in order to develop the tourist reality."   LINK

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Don961:  The rationality of politics… Adel Abdul Mahdi reaps the fruits of Iraq

- 10 Hours Have Passed

It seems that the meetings of the Iraqi Council of Representatives next week will witness serious discussions on the impact of the levels of US-Iranian escalation in the region, and the effects of that escalation on Iraq, there are three important issues will be raised on the first sessions of the Council: the file of the exit of US forces and the international coalition from Iraq, and the second: Concerning the discussion of the strategic framework agreement signed between the United States of America and Iraq, since its signing until now, it is not clear who is responsible for the protection of Iraqi airspace, is it an Iraqi responsibility, or it is an American responsibility, and the third file: concerns the possibility of accountability The staff of the Iraqi government ministers or some of them.

With regard to the exit of US troops from Iraq, it is known that Iraq's money from oil revenues is kept in the US Federal Reserve, which is responsible for the money of Iraq, and in this context, a law or resolution issued by the House of Representatives in the direction of removing US troops from Iraq, may lead President Donald Trump, through the US Treasury Department, has imposed harsh and multilateral measures.

For example, all Iraqi money will be subject to prosecution. It is now protected by presidential decree based on the security agreement between Iraq and the United States. The reparations file, as well as accusations against Iraq of supporting terrorism, and the losses of US companies will be reopened before 2003, and Iraqi funds will be withheld until the cases are resolved, let alone stop sending the dollar currency to Iraq, which will stop many obligations, and Iraq is unable within two to three months. Pay the salaries of his employees, especially those of embassies abroad,

The Iraqi Council of Representatives must think deeply before taking any decision or law that may constitute a devastation on the security and economy of Iraq, and it must also stem from that its decisions and laws are in harmony with the higher interests of the Iraqi people, and not down at the interests of the US or Iran, it is a House of Representatives representing the Iraqi people Under the dome of the Council does not represent Tehran or Washington by proxy, the Iraqi people will not accept to be locked in decisions or laws that increase their economic suffering, if the Iraqi Council of Representatives issued that resolution or law, everyone in Iraq is a loser and the Iraqi political class.

Therefore, there must be a dialogue between the financial, security and defense committees emanating from the House of Representatives, the Prime Minister and the Governor of the Central Bank to reach political, legal and economic understandings to avoid Iraq risks.

As for the strategic framework agreement, so far it is ambiguous between the Iraqi government and the Iraqi Council of Representatives on the one hand, and the United States of America on the other hand, on the body responsible for the protection of Iraqi airspace, according to the strategic framework does not have a legal formula that indicates that the United States of America is There is no legal formula that Iraq may ask the United States to provide assistance to protect Iraqi airspace.

According to some observers of the Iraqi issue that the Strategic Framework Agreement and the withdrawal of forces signed in 2008, confirmed the responsibility of US forces to protect the airspace of Iraq after 45 thousand feet, but below it is the responsibility of the Iraqi government, and that all drones - Aldron - fly within a lesser extent Of 45,000 feet, which is within the responsibility of the Iraqi government.

Therefore, the Iraqi government and the US administration represented by its embassy in Baghdad must put the points on the letters to know the limits of that agreement and the consequences of a party of responsibility, and this requires them to be a high degree of clarity and credibility.

The third file concerns the questioning and questioning of the Iraqi Council of Representatives by some ministers, which may amount to the dismissal or resignation of Iraqi Prime Minister Adel Abdul Mahdi.

"Sairoun" led by Mr. Moqtada al-Sadr, and "conquest" led by Hadi al-Amiri backed by the Popular Mobilization, after a parliamentary-judicial controversy over the designation of the "largest bloc", which is constitutionally entitled to nominate the prime minister, where some parties went Iraq to consider that the international regional settlement that protects the government is coming to an end as a result of the escalation of Iranian-American tension in the region, which was reflected directly on the relationship of the «crowd» government, and its refusal to abide by its decisions, especially on how to respond to air strikes to its bases, but attempts «crowd» The rebellion against state institutions soon opened Late to the internal crisis between the poles, it showed a lack of cohesion and revealed a weaker position before the weapons claim to limit the Iraqi majority, however, the state and abide by the decisions of the Iraqi sovereign currents of conflict

However, this crisis and this conflict between the poles of the government gave the president a new maneuver margin, which enables him to fortify his position, and improve his conditions, after the attempts of the settlement parties to impose its agenda on the work of the government, at a critical stage where the level of criticism of the government, and increased call to account after ten days It was formed in October last year.

The Iraqi constitution guaranteed the Iraqi parliament the right to question and question the Iraqi government, and it is the government of its ministries accused of corruption issues, and who accuse the government of this, are already members of that government, while Prime Minister Adel Abdul Mahdi does not have a minister in the ministry or a deputy in the House of Representatives calculated On his political current, then who is corrupt ?!

However, Adel Abdel Mahdi scores important points in his favor, easing the pressure on him, giving him an opportunity that may not be repeated, helping him to rearrange his priorities, and move faster steps towards achieving some slogans of reform, and independence, albeit limited, in making decisions, taking advantage of a group Political factors have surfaced on the surface of the settlement.A wide segment of the Iraqi street in all its categories and colors is betting on its ability to expand its margin and liberate it from internal and regional constraints.It is an important reformist warrior for years against the big and funny restrictions imposed by the militants inside and outside the Iraqi parliament.

At this critical stage in Iraq's history, it is in dire need of a multidimensional roadmap to get out of its crises. The threatening and intimidating approach does not address deep crises in the body of the Iraqi political system, but are tools that may be legal to gain time or gain only phases. The ministry promises accountability and interrogation and may reach the level of dismissal, is the holder of the positions and privileges in it, and is also the body that runs the ministry through its economic offices.

In practice, Iraqi concern over the future of the government is rising, and at this stage neither society nor political parties or elites are ready to enter into a political vacuum that may occur as a result of the overthrow of the government and the difficulty of choosing an alternative if it is impossible. Alongside the reformist warrior, Adel Abdul Mahdi, who, through his rational policies, managed to spare Iraq from entering the US-Iran conflict, which is witnessing a relative breakthrough, and with his good national stance in avoiding polarization in the US-Iranian conflict

Adel Abdul Mahdi feels his strong position because he is aware of Each deep that this conflict must end at the negotiating table, and that Iraq not be the loser of that conflict, Iraq is in his reign has good relations with both Washington and Tehran. Therefore, we reiterate that all Iraqi political forces should stand by Adel Abdul Mahdi in order for Iraq to reap the fruits of its rational policies at home and abroad.

Iraqi Studies Unit

Links Center for Research and Strategic Studies   link

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 Don961:   Baghdad is preparing to receive world leaders

Friday 13 September 2019

Baghdad / morning

Baghdad is preparing to host several visitors and senior officials from around the world, including French President Emmanuel Macron, Turkish President Recep Tayyip Erdogan, Russian Foreign Minister Sergei Lavrov and other Arab and international figures. 

The Russian Foreign Ministry spokeswoman, Maria Zakharova, announced that Minister Sergei Lavrov will pay a working visit to Iraq on October 7-8. .

During the visit, the two sides will exchange views on the pivotal aspects of the Middle East agenda, focusing on the situation in Iraq, Syria and the Gulf region. They will also discuss the situation surrounding Iran and the developments in the Palestinian territories.

Zakharova said that special attention will be given to developing cooperation between Iraq and Russia in the fight against terrorism and the spread of religious extremism. In addition, a member of the Iraqi Economic Council expert Ghadeer al-Attar, an upcoming visit to French President Emmanuel Macron to Baghdad soon to discuss several economic files, including the signing of a contract «Baghdad train suspended». 

Al-Attar said in a press statement, received «morning» a copy: The «French President Emmanuel Macron will visit the capital Baghdad during the three months of this year at the head of a high-level delegation of government ministers and businessmen French», stressing that «the French president will sign a contract ( Baghdad train suspended) with the Iraqi government.

He added that «Macron's visit will witness the discussion of trade exchange between Paris and Baghdad with the presidents, ministers and parliament as well as the activation of economic agreements between the two countries», and pointed out that «Macron will also discuss the subject of facilitating Iraq and overcome obstacles for the entry of French companies to invest in Iraq, in addition to the facilitation process Iraqis enter France. 

Prime Minister Adel Abdul-Mahdi discussed with Turkish Ambassador to Baghdad Fatih Yildiz last Wednesday, Turkish President Recep Tayyip Erdogan's upcoming visit to Iraq. 

An official source told Al-Sabah that a high-level Lebanese government delegation headed by Lebanese Minister of Economy and Trade Mansour Bteish will visit Baghdad on the 7th of October next for three days to discuss the joint economic files between the two countries.    link

Iobey777:   PRAYING THIS IS POST RI!!!!!

KTFA, X22 and More Late Thursday Night 9-12-19

KTFA:

RE: Franks Video Tonight

Tivon:  The Iocal Iraqi news media seems to be in conflicting contrast with the articles released to the international community that we (KFTA) read on this website in terms of time frames and opportunities as to when the reinstatement could occur.

We were told in March that during that particular period their fiscal policy status would be modified to amend laws (Financial Management Law) that would add purchasing power to their currency.

But they delayed all the way into  late June. During June the Security Council removed Iraq from its sanctions list. Majid Al-Suri (Economic Expert) announced the printing of small category notes to pump into the local Iraqi market.

When July came we were especially elated with the possible time frame of parliament releasing the rate before August 3rd given that the extension was nearing to implement the new monetary fiscal policy. Not to mention the Islamic International Bank released the Master Cards to the citizens stating they can be used anywhere local and international.

Anyway aside from that it seems to me that these reports from Iraqi news media are for general objective agendas to curve the enthusiasm of Iraq's Monetary Reform Policy.

In other words what we get from Firefly- is totally different regarding how far along Iraq really is in educating their citizens.

 Because the formality of Iraq's parliament had us under the impression that regardless of whether or not the "Visual Aid" of showing citizens the Coins & Fils is to be done next week they were supposedly intending that they would give purchasing power to their people before they start the second legislative session slated for this coming Saturday. 

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Don961:  Gold earns $ 200 in months .. And an American billionaire betting on it

- 8 Hours Have Passed

Investors who gambled on gold this year won the bet. The precious metal in August alone earned $ 100, due to severe turmoil in global financial markets from trade wars and tension in the Gulf region and elsewhere.
Gold prices have also gained about 18 percent, or more than $ 200, since May, the month when the price of precious metal hit the lowest level this year at $ 1265.85 an ounce.

According to data from the World Gold Council during the second half of this year, central banks, which are expanding the printing of banknotes, were the biggest buyers of gold and gainers from investing in it. 

Among the banks that have boosted their purchases and raised their gold reserves are Turkey, Russia, Kazakhstan, India, Iraq, Poland and Hungary.

This simply means that central banks no longer trust their monetary policies. With gold prices soaring, Russia's precious metal reserves jumped 42 percent last year to $ 109.5 billion, and gold is now the largest share of Russia's total reserves since 2000.

On the future of gold prices, US billionaire Mark Mobius believes that gold prices will continue to rise amid central bank policies aimed at reducing interest rates and facilitating monetary policies to avoid falling their economies in the mire of recession.

In an interview with CNBC, Mobius advises investors to put their money in gold. "Investors should put at least 10% of their money in gold," he said.

The price of gold is inversely correlated with the monetary mass.

Therefore, many investment experts believe that gold prices will not decline in the near future, unless there is a settlement of the trade war between Washington and Beijing, a complex war that continues to ignite and hit the repercussions of stock exchanges and other financial instruments such as bonds, which convert a large part of negative return.

In London, gold prices rose on Wednesday, on expectations that the European Central Bank will provide a new stimulus and cut interest rates, as it rose 0.5 percent to $ 1493.50 an ounce.

The heavy use of the dollar in the US economic embargo, which became a key foreign policy tool under President Donald Trump, has prompted many countries to reduce the dollar in their foreign reserves at their central banks and compensate for them in gold for fear of being targeted by the US embargo. This contributed to the high profitability of these countries during the two years.

Russia is among the countries that have benefited from the pressure of the US embargo, as it tended to buy gold and win the bet, with the price of the precious metal rising, Bloomberg reported.

According to the US agency, Russia has quadrupled gold reserves over the past decade, as part of a strategy to diversify foreign reserves and move away from the dollar. 

\She pointed out that the move proved correct, as this action is beginning to bear fruit, as gold prices rose to the highest level in six years, as a safe haven.

"Russia has protected its macroeconomic stability through neutral instruments, so the dollar has been widely replaced by gold, a strategy that has brought billions of dollars to the Russian central bank in a few months," said strategist Vladimir Miklashevsky.

In a similar vein, a report by the World Gold Council said that the quantities of gold purchased by central banks in 2018 recorded record levels are the highest ever.

The report pointed out that the central banks bought last year the largest amount of precious metal since 1967, it bought 651.5 tons, an increase of 74% from 2017, where it bought 375 tons of gold.

`` The increasing geopolitical and economic uncertainty over 2018 has led central banks to increasingly diversify their reserves and focus their attention on the primary objective of investing in safe assets, '' the report said.

According to the World Gold Council figures on the world's reserves of precious metal, the average price of an ounce of gold rose from 1323.25 dollars recorded in March last year to 1427 dollars in July.

Central banks in the Middle East and North Africa (MENA) region have recently increased their purchases of gold by 10% and were able to reap profits from the increase, according to the council.

Experts say Gulf central banks' interest in increasing gold reserves has come too late, and most of the Gulf's gold reserves figures have not changed since 2010. This is because Gulf states peg their currencies to the dollar and invest heavily in US bonds.

There are unconfirmed data published by Russia Today on some Arab countries that have reaped profits from investment in gold, including Lebanon, which made a profit of $ 957 million in six months between March and September. Lebanon's gold reserves currently stand at $ 13.159 billion.

Algeria achieved profits of $ 579 million in the same period. Algeria's gold reserves are currently valued at about $ 7.965 billion. link

Courtesy of Dinar Guru:

Frank26 :  ...they are now ready to show them pictures of the new small category notes...IMO the CBI is being very cautious.  They have to be very careful. 

Fractional banking is of great concern to the CBI because they do not want this reinstatement to fail with the citizens.  They are not going to come out with the coins like we've been telling you. 

But they are talking about the fils.  The citizens need to understand what the fils are about...each dinar is worth 1000 fils...so let's not worry about the coins...

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We Are Witnessing The Destruction Of The Old Economic System & A Birth Of A New One - Episode 1968a

X22 Report:  Published on Sep 12, 2019

https://youtu.be/hePW7Ifvc0g?t=4

Prosecutions On Deck, This Is Just The Beginning, [DS] Pain Coming - Episode 1968b

X22 Report:  Published on Sep 12, 2019

https://youtu.be/lymzMku1V7I?t=1

Frank26 and KTFA Members "The Month of September" 9-12-19

KTFA: 

Iobey777:  WOW!! The month of SEPT video was HOT!!!!! SIZZLING!! Thank You FRANK and WALKINGSTICK for the wonderful "teaching"!! I  believe I got it!!

Let's see now...1st week, CBI meetings, education for the citizens, billboards, txt message to the citizens, flat screen TV, TV messages, Visual Aids...they have all been around for a while! All in Frank's opinion!

Walkingstick called and we amended our notes..

2nd week(this week)..Iraq Private banks learned of the 5 year plan...the citizens are being told what it is as the Private banks are being told!

3rd week...the last of the visual aids will come out, ATM's, NSCN's, fils, (after they have lifted the rate!) They will be told where to go and get them and what to do!

 IMO..all in Frank's opinion..4th week...possibly the same and they take it to the last Nano second!! WHEW!!!!!!

Remember what Frank said yesterday...IMO..." ONCE THE CBI SPEAKS, IT'S PUBLIC KNOWLEDGE"!!! 

I'M SENDING UP SOME PRAISES TO THE LORD RIGHT NOW!!

Frank26:  THE MONTH OF SEPTEMBER

September 12, 2019

https://youtu.be/o1u1EMpLf8g?t=1

https://www.youtube.com/watch?v=o1u1EMpLf8g

Samson:  Announcement of the opening date of Baghdad airport for 24 hours for passengers

9/9/12 11:46

The government has set the opening date of Baghdad International Airport for 24 passengers and citizens.

The personal secretary of the Armed Forces Commander-in-Chief, Lt. Gen. Mohammed al-Bayati, said in a press statement that "the first of October next is the deadline for opening Baghdad airport 24 hours to passengers and citizens."  

"The rate of administrative and logistical preparations has reached more than 75 percent for the full opening of the airport," he added.  LINK

Samson:  Sources: Saudi Aramco delegates 9 banks to lead roles in its initial offering
12th September, 2019

Saudi Aramco has mandated nine banks as joint global coordinators to lead its initial public offering, according to two sources familiar with the matter

Aramco chose JP Morgan, Morgan Stanley and the National Commercial Bank of Saudi Arabia, the sources said

They also chose Bank of America Merrill Lynch, Goldman Sachs, Credit Suisse, Citi, HSBC and Saudi Samba Financial Group

Those companies and Aramco did not comment on the news   LINK

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Samson:  Abdul Wahid: The two Kurdish parties steal 700 million dollars a month from oil and customs

12th September, 2019
The head of the new generation movement, Shaswar Abdul Wahid, accused the two Kurdish parties, the Kurdistan Democratic Party and the Patriotic Union, of stealing $ 700 million a month from oil and customs.

"The two Kurdish parties are stealing $ 200 million a month from the border outlets and nobody knows where that money goes," Abdel Wahed said in televised remarks.

He added that the two parties are also stealing up to half a billion dollars a month from the export and smuggling illegally, noting that "the region exports 450 thousand barrels of oil per day."    LINK

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Samson:  Local official reveals illegal exchange doors in Ninewa budget for 2019

12th September, 2019
Revealed the Nineveh provincial council member Mohammed Ibrahim, Thursday, for the doors of the exchange of illegal Nineveh budget for 2019.  Ibrahim pointed out, "the existence of great corruption in the supplementary budget of 2019 put forward by the provincial council yesterday."

The council member, told Mawazine News, that "there are doors of purely illegal and unknown and we as an opposition bloc withdrew from the meeting because there is great corruption."

Ibrahim said that "70 million dinars have been allocated to guards guarding the night and money to paving the streets did not exaggerate too much and there are necessities in the devastated devastated province has not been addressed at all."

The government of Erbil decided to send a Kurdish delegation to Baghdad, next week, to discuss the budget file and the proportion of the region, while an invitation to the committees of finance, oil and gas, and legal in the House of Representatives to visit Kurdistan, which insists on returning the region's share of the general budget to 17%, which is prepared "A legitimate right", while Kurdish lawmakers threaten, they will hinder the passage of the budget law for next year, before getting the previous rate. The draft budget law for next year, set the share of the region by 12.63%.

It is noteworthy that there are differences between the federal government in Baghdad and the provincial government on the share of the Kurdish financial has been set at 17%, before the former Prime Minister Nuri al-Maliki in early 2014 cut the region's share of the federal budget after political differences.   LINK

KTFA Members "News and Views" Wednesday Afternoon 9-11-19

KTFA:

NanaCarol:  I just heard on Fox News that George Bush is about to lay a wreath at the 911 Memorial.  Maybe it will finally be his way of saying, MISSION ACCOMPLISHED.  

Radience:  What mission  ?

NanaCarol:  In essence, this particular Marshall Plan….imo

HoosierGirl:   I wonder how many of "We the People" really know the truth.  I wonder if it's more widely known than they could believe.  Maybe someday we will get the full truth. I hope.

Samson:  Trump asks Fed to cut rates to "zero or less"

11th September, 2019

US President Donald Trump believes that the Fed should cut interest rates at or below zero

Trump said in a tweet on social networking site "Twitter", on Wednesday, that after the Fed cut interest rates, the United States should start the process of refinancing debt

Trump stressed the need to reduce borrowing costs, "while the repayment period is prolonged

The president stressed that the United States has great currency, power and budget, and that Washington should always pay the lowest interest rate

Trump says there is no inflation and that it is only receding to the "naivety of Jerome Powell, the Fed does not allow us to do what other countries are already doing

"The opportunity comes once in a lifetime, and we are losing it because of stupid people," he said

The Fed cut interest rates last month for the first time since the global financial crisis, currently ranging from 2 percent to 2.25 percent

The US central bank is scheduled to hold a monetary policy meeting this month, amid expectations of a rate cut   LINK

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Samson:   Newspaper: Beijing intends to buy American products for a business deal

10th September, 2019

A press report said it is expected that China agrees to buy more US agricultural products in the hope of reaching a better trade agreement with the United States

China is preparing for a new round of trade talks with the United States next month

Chinese officials are discussing the text of the deal, which will be reviewed when Chinese Vice Premier Liu He meets with US Trade Representative Robert Lighthizer and Treasury Secretary Stephen Mnuchin in Washington next month, the South China Morning Post quoted an unnamed confiscation as saying on Tuesday

The text is based on a draft negotiated between the two sides in April as part of the discussions, with China offering to buy US products in exchange for delaying a round of US tariffs and easing the ban, Huawei said

China could also provide more market access, better intellectual property protection and reduce industrial overcapacity, but would be more reluctant to make concessions on subsidies, industrial policy and reform of state-owned enterprises, the sources said

At a gathering of business representatives in the United States, Chinese Premier Li Keqiang said China wants a mutually acceptable solution to the trade dispute, noting that Beijing welcomes investment from US companies   LINK

Samson:   Survey: US companies cancel investment in China at an accelerated pace

11th September, 2019

Said a recent survey that some American companies in China are speeding up the transfer process Asttmarthm outside Beijing, with continued increased tariffs in damaging their business

More than a quarter of respondents, or 26.5 percent, said they last year redirected their planned investment, which was mainly directed at China, to other regions, according to the survey by the US Chamber of Commerce in Shanghai on Wednesday

This represents an increase of 6.9 percent compared to the results of the survey conducted last year, according to the report of the American Chamber of Commerce.

The survey showed that the highest degree of change in the direction of investments was seen in companies working in the fields of technology, hardware, software and industrial services

The survey, which included 333 members of the American Chamber of Commerce in Shanghai, was conducted from June 27 to July 25

The survey period coincides with US President Donald Trump and Chinese President Xi Jinping's agreement to resume trade talks and before the recent escalation of tariffs

According to the survey, US companies in China also said that restrictions on access to the domestic market made it difficult for them to do their jobs

Responding to a question about the best possible scenarios in the ongoing trade negotiations, more than 40 percent of respondents said greater access to the local market would be the most important outcome to help their business succeed     LINK

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Frank26:   SAMSON ......... TY AND WELL DONE !!! ..... TINK GAVE ME BIDEN/RUSSIA ............. THEY JUST KEEP MAKING ME LOOK GOOD EVERY DAY

Samson:  In a new scandal, Biden promised Putin Iraqi oil revenues in return for support for America's war

11th September, 2019
US Vice President Joseph Biden tried to bribe Russian President Vladimir Putin with Iraqi oil revenues seized at the start of the war in exchange for Russia's support for the 2003 invasion of Iraq, a report said on Wednesday .

Biden asked for a meeting with Putin and proposed a deal where all proceeds from Iraq's seized oil would initially go to cash-strapped Russia in return for Russian support for the invasion. Biden saw it as an offer that Putin would not be able to He rejected it, and he was disappointed that the Bush administration did not think about it. ”

According to a copy of the events at the Kennedy Library of Congress, Biden said he approached Putin and asked him the question: What if President Bush would actually agree that the first revenues coming from Iraqi oil would pay about $ 12 billion in hard currency, which The Russians need it directly? ”

"Putin's response at first was to reject the offer, but they ended up going into the details. Biden said Putin responded by saying, 'That's not how I build my policy, but let's talk about it'," he said. ”.

"Biden called the White House to convey his conversation with Putin, but he was disappointed that he did not reach the president of any of those details," the website said, adding that he believed Putin could have joined the invasion of Iraq if Bush had made the deal. "The proceeds that will cover the external debt have been repaid, and we agree that the Russians will be first, because they were starving."

Biden accused the Bush administration of rejecting his plan to buy Putin's support for oil money because of Bush's unwillingness to share resources, noting that "the reason why the president did not know about his plan is" because we thought this would go so far that we are going to war over oil, but That was a profit for American oil companies.”     LINK

Samson:  The Kurdistan government sets next week a date for the visit of its delegation to Baghdad to discuss the 2020 budget

2019/11/11 16:34

The Council of Ministers of the Kurdistan region, on Wednesday, next week as a date for the visit of the delegation of Erbil to Baghdad on the file of the financial budget.

A statement for his office, received (Euphrates News) a copy, that "the Council of Ministers of the Kurdistan Region held on Wednesday, its regular session chaired by Prime Minister Masroor Barzani, and at the beginning of the session, Barzani reviewed the results of the joint meeting between the Kurdistan Regional Government and the Kurdish blocs, which was held on the eighth This month in Erbil."

It was decided at the meeting, according to the statement, that "a delegation from the Kurdistan Regional Government visit to Baghdad next week, to discuss and exchange information on the file of the financial budget and the involvement of the region in the preparation of the draft draft by the Federal Ministry of Finance, with an invitation to the committees of finance, oil and gas, And legal representative to visit the territory." In the meeting also, "It was agreed that a delegation from the Kurdistan Regional Government will meet with the Parliament of the region on Thursday (September 12) to discuss the latest developments in relations between the federal government and the regional government."

In another aspect of the meeting, "the Minister of Planning in the Kurdistan Region presented a report on the census project to be conducted in Iraq in 2020, as the Minister highlighted the aspects of the project and the preparations of the region in this area, and in this light, the Council of Ministers decided to form a special committee to evaluate the census project Population with the importance of the observations of the Kurdistan region on the religious and national components in the region, and the Kurdish areas outside his administration (disputed areas)."    LINK

Iobey777:  OH YEAH!! IMO..THIS IS HUGE NEWS!!! ARE THEY GOING TO PLAN THE PARTY?!!!! MAYBE THERE WILL BE SOME FIREWORKS!!!