KTFA Members "News and Views" Friday Afternoon 10-4-19

KTFA:

Samson:  KRG to Dispatch Delegation to Baghdad for Budget, Census Talks

2nd October, 2019
A high-level delegation from the Kurdistan Regional Government (KRG) will visit Baghdad next Tuesday, KRG envoy in the Iraqi capital said.

Speaking to BasNews, Faris Isa said the delegation will meet with the Iraqi counterparts to discuss Erbil concerns over 2020’s budget bill and the planned nationwide census.

The delegation will include Omed Sabah, head of Divan at KRG’s Council of Ministers, Khalid Shwani, Minister of State, and Dara Rashid, Minister of Planning.  LINK

2Cents:  Finally.........Just in time rolling into next weekend/the 15th/the Holiday........

C'mon Kurds.......Get 'er Done!!!!

Remember, Frank said they would not come until after______  I hope he is right!!!!  If that is the case, we should know in relative hours and therefore:  C'mon Alak........Get 'er Done!!!

GodLover:  Although I personally think that the blessing can only happen after Kurdistan issues are resolved, I do find it crazy how many times this visit has been pushed down the road imo. And as I had stated previous & still agree....the timing is curious imo.

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Samson:  Kuwait calls on its citizens not to travel to Iraq 

An official source in the Kuwaiti Foreign Ministry called on Kuwaiti citizens who intend to travel to Iraq to wait and not travel for the time being as a result of the unrest and demonstrations in a number of Iraqi cities.

The source called on citizens who are currently there to leave as soon as possible and to take the utmost care and to stay away from gatherings and demonstrations and follow the instructions of the local authorities so that the date of departure is possible.

In the past, Iran and Bahrain have called on their citizens not to go to Iraq, especially those who seek religious shrines to revive the 40th anniversary of Imam Hussein on April 20.    LINK

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Samson:  A fifth country urges its citizens not to travel to Iraq

4th October, 2019
The Qatari Foreign Ministry urged its citizens not to travel to Iraq on Friday against the backdrop of an escalation of demonstrations and protest movement that caused deaths and injuries.

Previously, Turkey has called on Iran, Bahrain and Kuwait to stop traveling to Iraq, especially those who seek religious shrines to revive the 40th anniversary of Imam Hussein on April 20.  LINK

Samson:  Video: Death Toll rises to 20 as Unrest Spreads

4th October, 2019
The death toll from three days of mass anti-government protests in Iraq has risen to 20, with hundreds more wounded as authorities imposed curfew in several cities and cut internet access across much of the country to quell unrest.

The protests, which began in capital Baghdad on Tuesday, are mostly spontaneous and without political leadership, staged by disenchanted youth demanding jobs, improved services, such as electricity and water, and an end to Iraq’s endemic corruption.

The demonstrations have since spread to cities across the mainly Shia south, making it the most serious challenge to Prime Minister Adel Abdul Mahdi’s year-old government.

Al Jazeera’s Osama Bin Javaid has the latest:  IN ENGLISH  VIDEO LINK      LINK

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Samson:  Death toll in Iraqi protests rises to 35 as protesters break curfew

4th October, 2019

The death toll in three days of protests has risen to 35 and more than 1,000 wounded

Demonstrators defied the curfew, which took effect in the Iraqi capital Baghdad at dawn on Thursday, coinciding with the decision to form a committee to deal with the demands of the demonstrators.

On Tuesday, Iraq witnessed the launch of a protest movement demanding the departure of the "corrupt" and securing job opportunities for young people, which now extended to most southern cities.

Iraqi security forces again fired live ammunition on Thursday to disperse demonstrators gathered in central Baghdad despite a curfew that went into effect at dawn

This new day is a real test for the government of Adel Abdul Mahdi, which at the end of this month completes its first year in power

Since Tuesday, social discontent between resentment of corruption, unemployment and lack of public services has spread to cities in the south of the country. To date, this movement seems to be spontaneous. No political or religious party or
leader has expressed support for it, in what is considered a precedent in Iraq

Riot police fired "live bullets" into the air to disperse dozens of demonstrators who lit tires in Tahrir Square and repelled the protesters towards sub-streets adjacent to the main gathering place

Tahrir Square is a traditional starting point for demonstrations in Baghdad, separated from the Green Zone by the al-Jumhuriya Bridge, where security forces have been tightened since Tuesday. LINK

Pattycakes77:  It is quite obvious that the government does not care about the citizens. As long as they have food, money and shelter that is all they care about. We will see how this unfolds and for how long. If they cared they would of rv their currency. But hell this is Iraq and iraq will do whatever they want. We wait and see if they rv next week. If not imo we wait till 2020. I hope i am wrong. This is all insane to me  

ChrisC:  This is all IMO, but if any of you think 30 some people got killed and this is going to 2020, you might want to rethink that plan. 

As I commented to somebody the other day, Muslims tend towards burning the house down when they start protesting, especially when you have been getting your water from a truck for the last decade and you watch government officials playing in the pool at their villa.  It makes me want to go over there and join them!!  All of these officials can clearly remember what it looked like to see Saddam swinging.  Saddam.  You think they want to get any taller? 

The CBI didn't send those trucks out for no reason and they didn't do it to leave those notes sitting in satellite banks for months.  These politicians may be Iranian influenced, but they are not in Iran. 

This kind of reminds me of moving cattle in a large herd; a little concern turns into fear which turns into panic which turns into a stampede.  When they stampede you can't stop them and they are liable to do a whole bunch of damage. 

 I reckon somebody is going to calm them down real soon.

Popeye7:  It is sad the loss of life in all of this... But the timing of this will not be denied... And there is a time for this.. All of the progress, agreements, and economic treaties that have been signed in the past year will be fulfilled... There are circumstances that go on behind the scenes that we do not control... This will get done.. What better time than in the midst of a crisis situation that in reality will calm the restless natives...

Samson:  The curfew is causing a crisis in Baghdad markets

4th October, 2019
The curfew announced by Prime Minister Adel Abdul Mahdi in Baghdad caused a crisis in the food markets in the capital.

Witnesses said that the fruit and vegetable markets appeared to be devoid of material because of banditry and the prevention of movement between one area to another, causing the closure of the main capital in the capital and the inability of vendors to obtain the materials.

At the same time, filling stations witnessed a sharp congestion in the preparation of cars, while the prices of cooking gas bottles to the high limits that the Iraqi family is unable to provide.

Observers warned that the aggravation of this situation will increase public anger and escalate the pace of demonstrations rather than control, with increasing complaint about the actions of the government.   LINK

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Samson:  Dozens of the Iraqi community in Germany are demonstrating and chanting the overthrow of the regime

4th October, 2019
Dozens of members of the Iraqi community in Germany on Friday staged demonstrations in the city of Berlin in support of protests in the capital Baghdad and a number of central and southern provinces.

"The people want to overthrow the regime," "Iran is his righteousness," and "Mansoura, Baghdad," they chanted.

The protesters chanted slogans against the parties in power, stressing the need for the European Union and the United Nations to support the protests in Iraq.

The demonstrators demanded Prime Minister Adel Abdul-Mahdi to resign.

Sweden witnessed similar demonstrations by the Iraqi community yesterday afternoon.  LINK

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Samson:  Other measures announced by @AdilAbdAlMahdi include:
- Expediting the allocation of plots of land, free of charge, to low income groups
- Instituting economic, social and public service reforms
- Submitting a proposal to Parliament to reform the electoral system

— Government of Iraq - (@IraqiGovt) October 4, 2019

Tommy17:  A minimum amount of income for every Iraqi family    That’s the last part of the   HCL. IMO

Samson: Abdul Mahdi: We will present a project to give a salary to every family that does not have enough income
4th October, 2019

Prime Minister Adel Abdul Mahdi said he would offer a salary bill to every family that does not have enough income.

"Today, we are between the choice of the state and the non-state and we want to build the state," he said in a speech. He stressed that "Ilyas' advocates are not allowed to overcome the people, and we want to serve and work sincerely," pointing out that "we have a project we will submit to the Council of Ministers to give salary to every family does not have enough income."

"We will not promise empty promises or prosthetic solutions. We must restore normal life in the provinces and respect the rule of law," he said, adding that "security measures, including bans, are difficult." "We believe in the policy of providing housing alternatives before lifting abuses and we started distributing residential land," he said, stressing that "the escalation in the demonstration is leading to loss of life." 

 He pointed out that "the victims in the demonstrations of the security forces and demonstrators martyrs have rights in accordance with the laws in force," and called "Parliament to give the Council of Ministers the power to complete the ministerial lineup."  LINK

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Samson: Sistani calls on the Iraqi government to take clear and practical steps towards reform
4th October, 2019
Iraq's top Shi'ite cleric Grand Ayatollah Ali al-Sistani warned on Friday of serious repercussions of violence and counter-violence, referring to clashes in some areas between demonstrators and security forces that fired live bullets and tear gas. He condemned the attacks on peaceful demonstrators and security forces, and warned of serious repercussions in the event of violence against protesters.

The Iraqi police sources, in addition to medical sources, reported on Friday, the death toll of demonstrations in Iraq to 44 and hundreds of wounded, according to Reuters news agency reported. The sources added that the highest number of deaths occurred in the southern city of Nasiriyah, where 18 died, while 16 were killed in the capital Baghdad.

Sistani stressed in a statement Friday sermon on the need to fight corruption, saying, "The judiciary did not do its duty to fight corruption." He called for the Iraqi government to take clear and practical steps towards reform. He also called on the Iraqi government to provide employment opportunities for citizens.  LINK

KTFA, Frank26 and X22 Thursday Night 10-3-19

KTFA:

Article:  Supreme Council for Combating Corruption in Iraq sacks 1,000 government employees

Jay:  This is UUUUUUUUUGE imo. Mahdi is going down the list of demands from the people. Look at the list from Deltas post from yesterday. The Supreme council, Mahdi sacking 1000 employees is like the first 3 or  demands on the Protesters list. What number 4 & 5 you might ask????

4. Really support the private sector, protect the domestic product to eliminate unemployment, move the local economy, maintain foreign currency within the country and open the door for real domestic and foreign investments

5 - Cancellation of the currency auction and the adoption of free market policy. 

Jay: This is next on the list of things to do. Imo. This is what's coming next from Mahdi IMO. He is following the list of demands NUMERICALLY.... imo 

IMO a rate change could be imminent 

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Don961:  Al-Madar publishes the demands of the demonstrations

30-09-2019 10:39 PM

Orbit Agency - Baghdad
got 'orbit' demands a demonstration tomorrow , Tuesday (October 1, 2019) which will be launched Bhashtak '# Nazl_lakhz_haka' demands are:

 .1. declare a real war on corruption and open all the files of corruption and with the help of specialized international bodies to issues of corruption and the enactment of the law where you This

2. Preventing the interference of political parties and blocs in government work, separating political entitlement from government positions and establishing the Federal Service Council

3 - Formation of the Construction Council, which consists of specialists to be responsible for all projects and future plans of the country

 4. Really support the private sector, protect the domestic product to eliminate unemployment, move the local economy, maintain foreign currency within the country and open the door for real domestic and foreign investments

5 - Cancellation of the currency auction and the adoption of free market policy

6. To confine arms to the State in a genuine manner and to abolish■ Give an opportunity not more than 15 days to start the implementation of the above or else the ceiling of our demands next
time will be higher and bigger

Clare: Special security force secures the transfer of funds from the Green Zone 

Kalkamsh Press / Baghdad

A specialized security force escorted trucks transporting money from the Green Zone to an unknown location, a security source said Wednesday.

The source told "Kilkamsh Press" that "12 money trucks exited just before the Green Zone to protect a large security force."

He continued: “It is not known the nature of the money transferred and its return and where it is destined.”

The source believed that "the unstable security situation was the reason for the transfer of funds from the Green Zone," This came after mass demonstrations in the capital Baghdad and some of the southern provinces.     https://glgamesh.com/archives/112371

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Frank26:  THE EVIL OF IRAN’S GOV 10-3-19

October 3, 2019

https://www.youtube.com/watch?v=qygp_9-b83U

7-FA:  Noah's Ark  Inspirational Christian Story

Everything I need to know, I learned from Noah's Ark.

Don't miss the boat.

Remember that we are all in the same boat.

Plan ahead. It wasn't raining when Noah built the Ark.

Stay fit. When you're 60 years old, someone may ask you to do something really big.

Don't listen to critics; just get on with the job that needs to be done.

Build your future on high ground.

For safety's sake, travel in pairs.

Speed isn't always an advantage. The snails were on board with the cheetahs.

When you're stressed, float awhile.

Remember, the Ark was built by amateurs; the Titanic by professionals.

No matter the storm, when you are with God, there's always a rainbow waiting.

- Author Unknown

The [CB] Of [CB]s Just Hit The Panic Button, Patriots Just Hit The Globalists Hard - Episode 1986a

X22 Report:  Oct 3, 2019

https://youtu.be/l2uYUY6wWHM?t=6

Panic Sets In For Brennan, Schiff In Trouble, This Is Just The Warmup - Episode 1986b

X22 Report:  Oct 3, 2019

https://youtu.be/6G8awvG1L-4?t=1

KTFA Members "News and Views" Thursday PM 19-3-19

KTFA:

2Cents:  Today's currency sales would have been for Sunday.......Gold sale prices are done for the week also.......The door is wide open......C'mon CBI, walk through it........  

This is a great opportunity IMO........Not to say it will happen but the Stage is set....

Frank, I technically disagree that they will not announce on a Friday......I believe Kuwait announced on a Friday......Of course, as of Sunset, the Holy Day is over.......I believe, as I always have purported, on a Friday after Sunset is the best time to announce absent a specific Holiday....

.I cannot believe that announcements will take place on a Sunday.  There would be mass confusion.  The announcements have to give adequate Notice prior to business opening.  Considering Saturday is a big market day, a Friday evening seems like the likely target.(unless thee is an associated Holiday of course)

As to the 12 armored  trucks moving currency out of the Green Zone to protect it from the protestors:

The Protestors were prevented from accessing the Green Zone.  Wouldn't the Green Zone be  one of the safest places in the country???  Perhaps, the only safer place is on the US Military base.....As such, this reasoning by Alak is certainly suspect......It certainly would be good cover/excuse to move the small notes into the banks.....

I would love to see the Kurds/Baghdad report a strong agreeable position by tomorrow

Interesting 48 hours ahead.......Not holding my breath, but........

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ChrisC:  They could announce it at 10:00 pm (their time) and it would be perfect for a market close announcement here, which is what I have always expected (been wrong so far, but expected it anyways).

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Jay:  More food for thought.. I found it odd the Alak would announce to the entire country and on TV that 12 trucks full of cash were leaving the Central Bank and the Green Zone.

With millions of unemployed, broke, hungry and fed up people just outside of it. (green zone). Trusting in Frank's reports/opinions, and in no way am I questioning him; I'm sure there is more to this than Frank's cooking has been allowed to be released to us just yet.

Which is proof of Frank's opinion that with more of his teachings released to us by Frank, leaves more questions from us/me.   <---- I own that.

Alll good though. We are in an interesting spot. I can't wait for today's YT report. I pray for those lives lost because of the GOI and the corrupts stall tactics. Prayers for all involved. 

Jay:  Delta made an interesting point last night. That IHO, Frank and he had said years ago that if the citizens would protest and ACTUALLY VERBALIZE that they wanted the reforms/purchasing power done.  Well its on the list of demands and when those demands were reiterated yesterday the economic reforms was moved up on the list. We've been needing this imo. Minus the violence part.

So I said all that to say this....

IF.... and I mean IF!!!!!!!!!!!!! the citizens keep this pressure on Mahdi and do not back down this is days away from being over. I just wish they would do it peacefully so people stop dying and getting hurt. I'm not one to call it every weekend but those that do may finally be right. <---- so called gurus, copy & paste DAT!!!  LOL

Samson:  Why are Iraqis Protesting against the Govt ?

3rd October, 2019
Iraq’s barely year old government is being forced to deal with the largest nationwide protests since taking over.

Riot police contained demonstrators in Baghdad on Wednesday, 24 hours after bullets and tear gas were fired.

At least three people died and hundreds of others were injured in Baghdad as well as other cities.

The mostly young protesters are angry at high levels of corruption, unemployment, and poor public services.

Are Iraq’s leaders listening? And why isn’t the government able to deliver?

Presenter:

Folly Bah Thibault

Guests:

Ali Al-Nashmi – Political analyst and specialist on the modern history of Iraq

Judit Neurink – Political Analyst and founder of the Independent Media Centre in Kurdistan

Yusuf Alabarda – Middle East analyst

24 MINUTE VIDEO - ALL IN ENGLISH      VIDEO LINK

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Z1world:  I  received an email from my ISX broker in Baghdad stating:

Dear Client,

The government declared a curfew today in Baghdad. There is no internet and the stock market is closed. Next trading day will be on Sunday, October 6.

 Kind regards,   Aysegul

Kisbah357:  Hmmmmm, Closed three days.  Going to go back and listen to last nights ub2b. Didn't Frank say something about seeing what happens on Sunday?

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Samson:  Internet access cut across much of Iraq

3rd October, 2019

Internet access has been cut off across much of Iraq including the capital Baghdad with connectivity falling below 70%, internet blockage observatory NetBlocks  said, amid renewed anti-government protests that turned violent and spread nationwide.

Earlier on Wednesday social media platforms Facebook, Twitter, and Instagram, as well as messaging application WhatsApp all appeared to be have been disabled across Iraq except in the semi-autonomous Kurdistan Region which has a separate internet infrastructure.

The services were only accessible by using a VPN, which effectively disguises the location of a device.

Graft is widespread and basic services such as power and water are lacking.

A government statement on Tuesday said 40 members of the security forces were among those injured and blamed “groups of inciting riots” for the violence. At least six members of security forces were injured in Baghdad on Wednesday and five in Nassiriya.

The United Nations on Wednesday expressed concern over the violence and urged calm, with the Special Representative of the United Nations Secretary-General for Iraq, Jeanine Hennis-Plasschaert reaffirming in a statement the right to protest.

The US Embassy in Baghdad urged all sides to avoid violence.   LINK

Samson:  Demonstrators in Najaf break into the governorate building and set it on fire

3rd October, 2019
A security source said, on Thursday, demonstrators stormed the building of the province of Najaf, in protest against the deterioration of economic and service conditions and the spread of financial and administrative corruption and high unemployment.

The source told Twilight News that angry protesters stormed the building of the province of Najaf, and the fire broke out in two floors of the said building.

Protesters stormed the headquarters of the Islamic Dawa Party in the holy city of Najaf on Wednesday, set it on fire, and then moved to the headquarters of the movement of wisdom in the city and burned it.

Thousands of people took to the streets in central Baghdad on Tuesday in protests demanding services, improving living conditions, providing jobs for the unemployed, eradicating widespread unemployment and financial and administrative corruption in state departments and institutions. The federal government announced a curfew in Baghdad from 5 am on Thursday until further notice. The governorates also witnessed several angry popular protests, including Wasit, Kirkuk, Diwaniya, Missan, Basra and Karbala.    LINK

Iggy:  these are not protesters...these are rioters...imo

Doodlebug:  These are citizens that are are sick and tired of being lied to by their Government.
These are citizens that have been promised a "better life" with little to no change.
These are citizens that don't have a job to go to.
These are citizens that are upset that their beloved Commander was removed from his position along with his Statue in Mosul.

We have to understand how the Iraqi citizens think and more importantly, we have to put ourselves in their shoes. Sure, we can look at them and say that they are "rioters" but how would we feel... no, more importantly... how would we "think" after 16 years of broken promises while the corrupt continue to steal from them?

I can honestly tell you that I would be out there supporting my neighbors and screaming at my Gov't too.

Just look at Alaq for example, he promised the citizens two years ago to stop the auctions, to stop the corruption. He didn't follow through with this promise and the countless other promises that he made. And that's just one person. They don't trust him just like they don't trust Abadi, just like they don't trust Mahdi etc. etc. "Promises made, promises broken" should be Iraq's new slogan.

Sure, are they burning buildings and throwing rocks? Absolutely! Is there no organization to these demonstrations? Absolutely not. They are just mad as heck! They want jobs. They want electricity, a safe place to sleep for their families and they want food.  Iraqi families are not just what is under one roof... Iraqi families include their neighbors and their families. "Where They Go One, They Go All". They don't have a job to go to the next day so why not go where their family members are going? Shutting down the internet will only make them more angry and IMO, all they have to do is go outside to see and hear what is happening.

This is not good at all. Where there was one casualty yesterday, there are 19 today. Where there is 19 today, there might (God Forbid) be 50 tomorrow. Mahdi is in a very very bad position and it doesn't help with Sadr saying "I'm not doing this." Okay then Sadr, if you aren't doing this, who or "what", is? There are lots of International Companies in Iraq right now, lots of money in those contracts... who are what, sparked this?

Mahdi is having his "emergency" meeting today with his three Presidents.  What would we do if we were Mahdi? Sure, the easy answer for us as a spectator is to say, "give them purchasing power". But what if that isn't the answer? What would we do right now, to calm the masses? IMO, Mahdi doesn't have until the 15th of October to respond to these demands, he needs to do something prior to Monday.

"God, please wrap Your Peaceful Arms around the entire Country of Iraq... She is suffering, still. Please shine Your Light on the corrupt to expose them for the World to see. Please God, please deliver Your Peace and Calm into the hearts and minds of all the People of Iraq and let them know that You are there for them. Please deliver Your Solution to the Leaders of Iraq so that Your Will can be done. I pray this from my heart and in Your Sons beautiful Name, Jesus... Amen".

Popeye7:  As sad as it is, this has been orchestrated by the powers that be IMO... A new order in Iraq through chaos, despair, and confusion... But what we do know is everything is ready for the dinar to be released on the international scene... Once the smoke clears, a new Iraq will be born... And I agree, this will occur before weekend's end IMO... Frank pointed this out last night, and these events are generally not as spur of the moment as they appear to be... There has always been a date for this... Part of the plan... That date is quickly approaching...

Salamon69:  And let's remember the words of Kim Clement....    When things seem to be at their worst then the blessing will come thru.    Not his exact words but paraphrasing...

Samson:  Curfew announced in Maysan province until further notice

3rd October, 2019
Security forces imposed a curfew in the southern province of Maysan. The curfew is in effect from 3 pm on Monday until further notice.

Hundreds have been wounded and at least 10 others have been killed since security forces used tear gas and live ammunition on Tuesday on crowds of protesters in Baghdad and several cities in the south, sparking outrage as the crackdown continued.

The clashes in Baghdad continued until late Wednesday night, hours after Iraqi Prime Minister Adel Abdul Mahdi announced an indefinite curfew in the capital. Hours later, the US-led coalition reported a series of explosions inside or near the Green Zone.  In the city, a heavily fortified area containing government institutions, embassies and military bases.   LINK

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Edna:  If the people got everything they wanted....why are they yet! and Still!..protesting?? 

GodLover:  Hmmm.....if they had already received their demands, they would not continue protesting & we would be at the bank imo. The "funds" that arrived yesterday is interesting news imo. Hopefully we will see evidence of that soon. I am still looking for the Kurdistan issues to be resolved, then oil & gas law as well as the 2020 budget then being able to pass imo. There are many things lining up really well for mid month....as long as their Government is serious this time as far as complying with their citizens demands imo.

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Don961:  Urgent .. US Embassy calls on its employees to leave Iraq immediately

The US embassy in Baghdad on Thursday called on employees to leave the country immediately.

The embassy said it had instructed non-essential staff to leave Baghdad and Erbil immediately.

Thousands of people took to the streets in central Baghdad on Tuesday in protests demanding services, improving living conditions, providing jobs for the unemployed, eradicating widespread unemployment and financial and administrative corruption in state departments and institutions.

The federal government announced a curfew in Baghdad from 5 am on Thursday until further notice.

The governorates also witnessed several angry popular protests, including Wasit, Kirkuk, Diwaniya, Missan, Basra, Karbala and Dhi Qar, which resulted in deaths and injuries.     link

KTFA Members "News and Views" Wednesday 10-2-19

KTFA:

Samson: Sadr City is protesting for the second day in a row and the government closes the republic bridge

2019/10/2 10:34

Public protests continued for the second consecutive day in Sadr City, east of Baghdad. The bridge between the Tahrir Square and the Green Zone continued to be closed.

Baghdad and several provinces on Tuesday witnessed demonstrations against poor services, unemployment and the general situation in the country and caused clashes between security forces and demonstrators that resulted in dozens of injuries from both sides and the death of demonstrators, two of them a young man from Sadr City.   LINK

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DELTA:  VISA EXCHANGE RATE FOR TODAY VERY INTERESTING ... ASK AND BID 

IQD Iraqi dinar today 0.8403 0.0008

S41755k:   Thats interesting the zeros are removed on the digital platform and not on hard currency. One aspect is you only deal with hard currency in country and isn't that what Iraq is doing at this time, making a transition from the three zeros to LD's to digital.

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Samson:  Government Media: Citizen Killed and 200 Wounded in Iraq Demonstrations

2nd October, 2019
The government media cell on Tuesday issued a joint statement by the ministries of interior and health on the demonstrations today.

The statement reads as follows:

"The capital Baghdad and a number of provinces witnessed the launch of protests demanding the provision of public services and job opportunities."

The cell regrets the violence associated with these protests, issued by a group of rioters to overthrow the real content of those demands and strip them of the peacefulness for which they emerged.

At a time when we stand in solidarity with the freedom of expression guaranteed by the Constitution, and on the basis of the principle of national responsibility, we call on all citizens to calm and restraint, and affirm the continued security services in the performance of their duties in order to ensure the safety and security of the demonstrators.

The Ministry of Health reveals the continuation of its medical staff to provide treatment to the injured who were received by the health institutions, where it recorded one death, while the number of wounded (200) injured, including (40) injured members of the security services, a number of them came out after receiving first aid, With the continuation of medical staff in providing health care for the remaining of the number (50).

Demonstrations that began on Tuesday in the cities of Iraq were peaceful, demanding the change of government because of its failure to improve services and create jobs, but clashes erupted that prompted the securty forces to disperse.

Interior Ministry spokesman Major General Saad Maan announced today that "mendes were behind the violence in today's demonstrations."

In a statement to the Iraqi News Agency, Maan praised the peaceful demonstrators, but stressed that "behind the events of violence are indebted, their aim was to provoke violence." Maan called on citizens to calm down and work with the security services to protect public and private property, according to the news agency "conscious".

For his part, Director General of the Civil Defense Major General Kazim Bohan, said that "Mendesin among the demonstrators burned four buildings today." "We have succeeded in controlling all the fires that have also targeted, simple people, in addition to other sites," Bohan said.   LINK

Samson: Deputy calls for an emergency parliamentary session in the presence of the three presidencies
2nd October, 2019

Member of the House of Representatives Sadiq al-Sulaiti, on Wednesday, to hold an emergency session of the Council in the presence of the three presidencies to discuss the subject of demonstrations, stressing the need to take "bold decisions."

In a statement received by Alsumaria News, Al-Sulaiti said that the Constitution guaranteed Article 38 freedom of peaceful demonstration and expression of opinion. Public. Al-Sulaiti called for holding an emergency session tomorrow or afterwards, in the presence of the three presidencies, and taking the people's aspirations of bold reform decisions, concessions and pledges to heal the wounds of the demonstrators and convince the angry street.

Al-Sulaiti stressed the need for the security forces to stay away from using live bullets and arbitrary methods to disperse the demonstrators, calling for mercy for the martyrs of Iraq in Tahrir Square from the security forces and demonstrators. There are scattered areas of the capital Baghdad, as well as its (Liberation Square), angry demonstrations since yesterday evening and renewed this morning to demand reform.

Protesters burned tires on major streets in several areas of Baghdad and a number of provinces, as security forces cut off the main roads linking the provinces with the capital.   LINK

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Samson: Government Information: Abdul Mahdi's officials agreed with the demonstrators to end the demonstrations
2nd October, 2019

Officials in Prime Minister Adel Abdul Mahdi's office have agreed with representatives of demonstrators to end the protests, state media reported on Wednesday.

The official Iraqi News Agency, in a news broadcast today, that officials in the office of Abdul Mahdi, met today, representatives of the demonstrators to discuss their demands, noting that they ended their demonstrations.

There have been angry demonstrations since yesterday evening and renewed this morning to demand reform. Protesters burned tires on major streets in several areas of Baghdad and a number of provinces, as security forces cut off the main roads linking the provinces with the capital.  LINK

Tivon:  Wait a sec, if this was a meeting where their concerns regarding the currency auctions and  implementing the "Monetary Reform Policy" by deletion of the three zeros which have been delayed to the point of citizens demanding because of the lack of employment which sparked the protests.

Then how else can you end these demonstrations other than to actually follow through and launch these programs ASAP?

Which plays directly into what Delta brought in about the "Visa" asking price of 0.84 which is not the program rate.

This week looks really promising for not only the citizens but the world. Not to mention Frank' stating that they already completed these demands. I don't know how else to look at this article and assume we are about to see something in very short order. 

Don961:  Stock market trades exceed 6 billion shares

Tuesday 01 October 201

Baghdad / morning 

 The monthly report of the Iraqi market for securities on the trading (6,486,313,938) shares with a total value of (7,522,220,419) dinars.

The Executive Director of the Iraqi Stock Exchange Taha Ahmed Abdul Salam said that "the Iraqi Stock Exchange organized (21) trading session during the month of September 2019, and the number of shares of listed companies (12,130,457,479,915) shares, and the number of shares deposited by the shareholders (9,232,225,316,876) shares," He pointed out that "the number of companies traded shares by investors (52) companies, as the price index of shares traded in the first session of the month at (471.310) points and closed in the last session of the month at (475.48) points."

Disclosure and Transparency

He added that "the Iraqi Stock Exchange completed the requirements for the publication and dissemination of trading data for shares traded within the database of the Arab Monetary Fund as of the first of the month of September 2019 along with 17 Arab stock markets and thus have fulfilled the requirements of disclosure and transparency and to enhance the confidence of Iraqi and foreign investors with indicators Trading securities buying and selling on the shares of Iraqi joint stock companies.

Listing of shares

Abdul Salam pointed out that "the Securities Commission approved the decision of the Board of Governors to cancel the listing of shares of Al-Noor for financial transfer based on the instructions of the Securities Commission No. (3) to stop trading and write-off companies in the stock market Article (7 / d), for the issuance of the Department Registration of companies on the completion of the legal procedures necessary for the merger of Al-Harith Financial Transfer Company (not listed on the market) with Al-Nour Financial Transfer Company (listed on the market) and changing the name and activity of the resulting company to (First Capital Bank for Islamic Investment and Finance).

Amendment Code

He explained, "Last September, a number of decree laws were issued, the most important of which is the law amending the Companies Law No. 21 of 1997. Among its articles are article (2) of the amendment law, which abolished article (12) of the law and was replaced by article (12): the natural or legal person. An Iraqi shall have the right to become a member of the companies stipulated in this law as a founder, shareholder or partner, unless he or she is prohibited from his or her membership in the companies by virtue of the law or a decision issued by a court or a competent government authority. Acquiring membership as a founder or shareholder in joint stock companies limited to The proportion of the Iraqi contribution is not less than (51%) Fifty-one percent of the top of the Her money. "

Agencies and Delegations

The Iraqi Stock Exchange also issued his book No. 1703 on 25/9/2019 this content to the brokerage companies to work under it upon receipt of orders to buy shares of joint stock companies listed on the Iraq Stock Exchange from the foreign investor natural or moral, Article (5) of the amendment law that Repealed Article (91) of the law and replaced it; 

Article (91): First: The member shall have the power of attorney of a certified agency to attend, discuss and vote in the meetings of the General Assembly. He may also delegate other members for this purpose. 

Article (91): Second: The Securities Commission shall determine the controls of the form and contents of the title deed and how it is prepared and responsible for its health. 

(91) / Third: Agencies and deputies shall be deposited with the Securities Commission at least three days before the date set for the meeting. The Commission shall scrutinize it for its validity. The Agency and the delegation shall remain in force for any second meeting to which the first meeting shall be postponed. link

Monday Night KTFA CC Replay and more 9-30-19

KTFA:

Frank26:  GREETINGS FAMILY

IN THE BEGINNING ............................. WE WERE PUT TOGETHER HERE AT KTFA TO LEARN ABOUT THE IRAQI DINAR INVESTMENT............... MISSION HAS BEEN ACCOMPLISHED. 

IT IS THE FOURTH WEEK OF SEPTEMBER .................. IT IS THE LAST DAY OF SEPTEMBER AND IF YOU LOOK AT YOUR NOTES YOU KNOW MY OPINION ABOUT THIS FOURTH WEEK. 

NO IT IS NOT A DATE.  IT IS A PHASE ............. A PROCESS THAT IMO ........... HAS OCCURRED.

IN THE END ................... WE WERE PUT TOGETHER HERE AT KTFA TO REJOICE AND GIVE THANKS.

PLEASE JOIN ME TONIGHT TO DO JUST THAT ...............GOD BLESS YOU ALL .................... FRANK26  

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

Monday Night KTFA CC 9-30-19

PLAYBACK : 605.313.5163    PIN: 156996#

https://fccdl.in/Obn9SVZu4v

Iobey777:  What a powerful CC tonight!! YES!! zero= new beginnings!!! WooHoo!!!! and that starts tomorrow!!!IMO..the big protest tomorrow will simply turn into a big CELEBRATION!!!

Don961:  Al-Madar publishes the demands of the demonstrations

30-09-2019 10:39 PM

Orbit Agency -

Baghdad
got 'orbit' demands a demonstration tomorrow , Tuesday (October 1, 2019) which will be launched Bhashtak '# Nazl_lakhz_haka' demands are:

1. declare a real war on corruption and open all the files of corruption and with the help of specialized international bodies to issues of corruption and the enactment of the law where you This

2. Preventing the interference of political parties and blocs in government work, separating political entitlement from government positions and establishing the Federal Service Council

3 - Formation of the Construction Council, which consists of specialists to be responsible for all projects and future plans of the country

4. Really support the private sector, protect the domestic product to eliminate unemployment, move the local economy, maintain foreign currency within the country and open the door for real domestic and foreign investments

5 - Cancellation of the currency auction and the adoption of free market policy

6. To confine arms to the State in a genuine manner and to abolish all armed manifestations and the militarization of society

7- Restructuring all government sectors, especially the service ones, to be real productive sectors

8 - Restructuring and organization of the institution of education and fast and urgent in order to produce a successful educational sector according to international standards

9. Amending the Electoral Law to be a fair law and preserving the rights of all

10. Repeal and amend all laws and legislations that contravene the Constitution and immediately apply the disabled paragraphs of the Constitution and abolish all special privilege laws

Give an opportunity not more than 15 days to start the implementation of the above or else the ceiling of our demands next time will be higher and bigger  link

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Don961:   Parliamentary Economy: The new session of the Baghdad International Fair will witness a major breakthrough for the private sector

By ahad5 30/09/2019 09:25 PM 

Ahd News - Baghdad

A member of the Parliamentary Committee for Economy and Investment Riyad Al-Tamimi, on Monday, the importance of benefiting from the private sector to develop the economy and the establishment of large projects.

He said in a statement received by "Al-Ahd News" a copy, that "the private sector in most countries of the world a significant and influential role in the progress of any country and its development because of investments and projects reflected positively on the economic reality of the country."

He added that "the new session of the Baghdad International Fair will witness a major breakthrough for the contribution of the private sector in construction and investment, especially as the parliament and the government strongly support the private sector to contribute to the country's progress and prosperity."

He stressed the importance of the private sector to exert the required efforts to contribute to pushing forward the economy and investment in the country and reduce dependence on other countries. Finished 8    link

Taboola ad for the very bottom only

Delta and KTFA Members Saturday Night 9-28-19

KTFA:

DELTA:  HUGE DEMONSTRATION IN IRAQ  ON 10/01 ...

START FROM  AL SADAR CITY..

GOV BETTER ACT FAST .... 

EVEN AL SADAR CAN'T TAKE IT ANYMORE..

Frank26:  NOR CAN WE LOL !!!     TY DELTA FOR BRINGING THIS IN.

Judy:  Thank you Delta for posting this. Iraq needs to start keeping their promises to the Iraqi people.   IMO the Citizens of Iraq need this Blessing NOW!!!

Edna:  Forgive me..But people don't normally protest when they know something they want is ON THE WAY...I mean, why do this if "All systems GO!"...food for thought.

Doodlebug:  IMO, they protest because they know it is supposed to happen but they don't know when. They just know it hasn't happened yet. They are tired of waiting, they are tired of the broken promises... they want "the better life" that they have been promised. They protest because their religious leaders tell them to. They want the "purchasing power" that was promised to them by their Gov't. Again, all IMOO.

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DELTA:  BANK OF COMMERCE: IT IS NECESSARY TO DEAL WITH THE "US PUNISHED" IN DINARS

Saturday, 28 September

 Baghdad / National News Center

BAGHDAD (Reuters) - Dealing with Iraqi figures with US sanctions cannot be done in dollars, the head of Iraq's Trade Bank said on Saturday.

He added in a statement to the National News Center, that "the sanctions on Iraqi figures prevent banking transactions with them in the dollar." "The dinar should  be adopted instead."

https://nnciraq.com/18396/

Moparman:  Stop with the broken promises and finally do what you say. Give you citizens the purchasing power they so need. Reinstate your currency.

Samson:  Al-Attar praises Al-Rasheed Bank's decision to replace the card with Nakheel MasterCard

28th September, 2019
CEO of Zesco Group of Companies haj Ghadeer al-Attar, on Saturday, praised the financial steps followed by Al-Rasheed Bank.

Al-Attar said in a statement, received / Mawazine News / copy of it, that "Rashid Bank was and remains committed to monetary policy in Iraq and keep abreast of developments around the work of that policy." He added, "The decision of Al-Rasheed Bank to replace the K-Card with its Nakheel MasterCard is a step that will lead to keeping the data of citizens salaries within the bank and in order to ensure more transparency in the monetary policy of Al-Rasheed Bank."

This is based on the decision of the General Secretariat of the Council of Ministers and the instructions of the Central Bank of Iraq and the letter of the National Retirement Authority, which includes the need to replace the card of the Bank of Rasheed Bank Palm MasterCard of the Bank by reviewing the nearest branch or center special issuance and replacement of the above cards and according to the centers below.  LINK

Don961:  imo ... this is a stand out line :

"Rashid Bank was and remains committed to monetary policy in Iraq and keep abreast of developments around the work of that policy."

and this

"The decision of Al-Rasheed Bank to replace the K-Card with its Nakheel MasterCard is a step that will lead to keeping the data of citizens salaries within the bank and in order to ensure more transparency in the monetary policy of Al-Rasheed Bank." ......

committed to Iraq's evolving MONETARY POLICY ....

Salamon69: Good analysis Don... Replacing the K card Mastercard with the Nekheel Mastercard with the purpose of keeping citizens data within the banks...

That to me speaks of security and confidence to the citizens that their money is safe within the bank now.

And I love the word TRANSPARENCY which creates an environment of TRUST...

As we know this monetary reform can only work if it succeeds with the citizens which the last 2 weeks from firefly77 reports of all the education and billboards have almost helped create that environment of TRUST and TRANSPARENCY

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Samson:  Senior Iraqi official: Soon many of the outstanding problems with the Kurdistan region will be resolved

28th September, 2019
The Secretary General of the Council of Ministers Naim Hamid al-Ghazi on Saturday resolved to resolve many of the differences and outstanding issues between the federal government and the Kurdistan Regional Government soon.

Al-Ghazzi said in a statement to reporters today, that "there is a negotiating delegation to resolve the outstanding problems with the region with regard to the issue of oil and border ports and disputed areas as well as Kirkuk other topics," stressing that these are the most prominent points of disagreement between the federal government and the regional government.

"Joint delegations between the two sides are continuing dialogues to solve these problems and soon many will be resolved," he added.   LINK

Don961:  The opening of the 13th Erbil International Fair

Saturday 28 September 2019

Morning / Eyad Barwari

The Director of Information Federation of Chambers of Commerce in the Kurdistan region of Iraq, Iskandar Mohammed, the opening of the 13th Erbil Fair tomorrow, with the participation of 300 companies from 24 countries, as it will include many pavilions, including agricultural, industrial, reconstruction and food.

"We expect this exhibition to be of interest to professionals, businessmen, traders and entrepreneurs, as it will last for four days." Mohammed said: "Companies from France, Canada, Kuwait, Qatar, Turkey, Iran, India, Lebanon, Sri Lanka, Ukraine, China, Poland, Egypt, Saudi Arabia, Jordan, Kenya, the United States, Malaysia, the UAE and the Netherlands, as well as companies from Iraq will participate." 

And the importance of the exhibition confirmed that "this exhibition is held annually in Erbil and the goal is to participate the largest number of companies from different countries and attract them to work in the Iraqi market through the Kurdistan region gate."    LINK

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Don961:  Countries that cut interest rates and others raise them to address individual crises

Saturday 28 September 2019

Capitals / Agencies

At a time when the vast majority of central banks around the world are slashing interest rates amid attempts to support the economy, certain countries are swimming against the current to tackle individual crises.

The Federal Reserve, the world's largest central bank, is on the path of this pessimistic approach after cutting interest rates by 25 basis points, the second such move since the global financial crisis.

The US central bank was not alone in this direction, with the ECB cutting interest rates on deposit facilities by 10 basis points and the Turkish central bank cutting interest rates by 325 basis points for the second time, bringing the total cut to 7.5 percent this year.

External conditions

Japan, England and the Swiss central bank kept interest rates unchanged at the latest monetary policy meeting held earlier this month.

But at the same time, under the same external circumstances, other countries are taking steps in the opposite direction to rein in the rapid growth of the economy, such as Norway and the Czech Republic.

Other countries, such as Argentina, Zimbabwe and Pakistan, have other financial-related problems.

In the case of Norway, it recently implemented the fourth rate hike this year by 25 basis points to 1.5 percent, the highest level in nearly five years, in a bid to calm the accelerating economy.

Stress cycle

"The recent increase in interest rates may be the end of the current tightening cycle," said central bank governor Augustine Olsen.

In the case of the Czechs, we see that the central bank there is considering raising the interest rate after having implemented eight times to raise in the past two years.

"Discussions within the bank will tend to be slightly bullish now, although it is not excluded that a reduction is possible at some point in the future," says Czech Central Bank President Tomasz Holop.

Argentina and bankruptcy

Argentina raised interest rates to 75 percent for the rest of the month instead of 58 percent previously, and the base rate, which changes every day as it is tied to the short-term debt auction, reached 83 percent.

The move by the Central Bank of Argentina comes amid the country's standing on the verge of bankruptcy for the ninth time in its history.

In the case of Zimbabwe, the Reserve Bank increased its overnight interest rate earlier this September by about 20 percent at one go to 70 percent amid attempts to rein in inflation.

Zimbabwe is in a deep economic crisis as inflation figures accelerate wildly as the country flops between the abolition of the currency in 2009 before announcing a return to the Zimbabwean dollar earlier this year.

The inflation rate is estimated to be between 230 and 570 percent due to the absence of official figures and with the country heading for its first annual contraction since 2008.

Pakistan has raised interest rates four times this year to 13.25 percent, taking into account that its central bank has kept interest rates at this level.    LINK

KTFA Members "News and Views" Saturday 9-28-19

KTFA:

Iobey777:  Wow!! IMO..today and yesterday..EVERY article has seemed to spell INTERNATIONAL for Iraq!!! I believe we are really finally there!!!! I'm just sending praises to God and thanking Him for blessings flowing!!IMO..this weekend could be Very revealing!!!

GodLover:  I agree this weekend could be revealing....in fact, from now until October 1st will be revealing imo. I think we will learn a lot as far as where we really are in this investment in the next few days...………

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Samson:  IMF calls on Zimbabwe to intensify reform efforts to end crisis

27th September, 2019

The IMF said that Zimbabwe needed to intensify efforts on the economic and political fronts, where the government faces a growing body of criticism about its commitment to reform

The African country is suffering from the effects of the drought, which has harmed crops and generating electricity, while high prices, shortages of foreign currency and fuel have provoked anger among citizens

"There is an urgent need for policy measures to address the root causes of economic instability and enable private sector-led growth," the IMF said in its reform program review released on Thursday

"The main challenge is to contain fiscal spending in line with non-inflationary financing, tighten monetary policy to stabilize the exchange rate and rebuild confidence in the national currency," the IMF said

The IMF said the risks of implementing the budget are high as demand for public sector wages increases, the central bank's quasi-fiscal activities that will need to be absorbed by the government and pressure to finance agriculture could push the deficit back into an unsustainable situation

There is also a need to strengthen foreign exchange market operations and improve transparency in monetary statistics, according to the IMF

Discussions between the IMF and Zimbabwe are expected to continue during the annual meetings on October 14-20

The International Monetary Fund said Zimbabwe's economy is expected to face a sharp contraction this year, while the annual inflation rate, which the government last published in June, hit around 300 percent in August

In June, Zimbabwe decided to reintroduce the abandoned Zimbabwean dollar in 2009 to counter hyperinflation

But with currency losses, Zimbabwe's central bank decided to raise its benchmark interest rate by 20 percent to 70 percent   LINK

Samson:  Vietnam : Industry 4.0 Summit 2019 to open in Hà Nội in October
26th September, 2019
Industry 4.0 Summit 2019 will contain is expected to have 2,500 participants attending seminar series on smart banking, smart city, smart production, smart energy and digital economy and visiting exhibition on digital economy

The Industry 4.0 Summit 2019 will take place in Hà Nội on October 2 and 3, gathering 2,500 Government leaders and representatives from embassies, international organisations, localities and businesses.

The summit, themed 'Digital Vietnam: Accelerating digital transformation toward sustainable development', will be held by Party Central Committee’s Economic Commission and several ministries and sectors. It will evaluate the implementation of the Fourth Industrial Revolution of Việt Nam and disseminate guidelines and policies of the Party and the State.

The organisers said there are more than 40 countries and territories, including developing countries, that have issued strategies and action programme relevant to the Fourth Industrial Revolution. In Việt Nam, the Politburo has also worked to upgrade the digital capacities for a powerful 4.0 transformation.

The seminar series focuses on five main topics, namely smart banking, smart city, smart production, smart energy and digital economy.

At the forum, an exhibition will take place with 80 booths from domestic and foreign companies, showing technologies of four areas including finance-banking, production, energy and smart cities. It’s expected to help businesses learn and seek opportunities for co-operation and investment in Việt Nam.

Some 85 per cent of industrial enterprises in Việt Nam still lag behind the Fourth Industrial Revolution, and only 13 per cent are at beginner level, according to Nguyễn Đức Thành, director of the Vietnam Institute for Economic and Policy Research (VEPR).

 In a draft national digital transformation plan, Việt Nam targets emerging as one of the top four countries in ASEAN in terms of digitalisation by 2025 with 80,000 digital technology companies. LINK

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Samson:  Abdul Mahdi agrees to open the existing port next Monday
28th September, 2019

Prime Minister Adel Abdul Mahdi has agreed to open the Qaim border crossing next Monday, the Border Access Authority announced Friday.

"Prime Minister Adel Abdul-Mahdi agreed to open the outlet of the Qaim border with Syria next Monday, 30 September," Alaeddin Al-Qaisi , director of the commission's relations, told Alsumaria News.

 An informed source confirmed that "the opening of the port will be in front of goods and passengers."

 It is noteworthy that the re-opening of the border post postponed several times because of the lack of rehabilitation.   LINK

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Samson:  Al-Attar praises Al-Rasheed Bank's decision to replace the card with Nakheel MasterCard

28th September, 2019
CEO of Zesco Group of Companies haj Ghadeer al-Attar, on Saturday, praised the financial steps followed by Al-Rasheed Bank.

Al-Attar said in a statement, received / Mawazine News / copy of it, that "Rashid Bank was and remains committed to monetary policy in Iraq and keep abreast of developments around the work of that policy." He added, "The decision of Al-Rasheed Bank to replace the K-Card with its Nakheel MasterCard is a step that will lead to keeping the data of citizens salaries within the bank and in order to ensure more transparency in the monetary policy of Al-Rasheed Bank."

This is based on the decision of the General Secretariat of the Council of Ministers and the instructions of the Central Bank of Iraq and the letter of the National Retirement Authority, which includes the need to replace the card of the Bank of Rasheed Bank Palm MasterCard of the Bank by reviewing the nearest branch or center special issuance and replacement of the above cards and according to the centers below.  LINK

Salamon69:  Thanks Samson....   This article seems really important as the citizens replace the ki cards that from my understanding are only used in Iraq to getting the Mastercard.

IMO   Once the rate exchange changes I would think that initially most transactions within Iraq will be done with the Mastercard....

Don961:  Iraqi Bank wins STP Operations Excellence Award

23:35 Friday, September 27 2019

Iraqi Trade Bank won the award «Excellence in payment and automatic transfers STP from the bank« JP Morgan Chase », to join the new award for a series of achievements achieved by the bank during the year as one of the best banks in Iraq.

The award was received by the bank's chairman and chairman Faisal Al-Hims during a recent ceremony in Beirut from Ali Mora, head of banking at JPMorgan Chase for Central and Eastern Europe, the Middle East and Africa.

The award is the culmination of the Bank's efforts in investing and developing basic infrastructure and in organizing its national network to provide the latest banking systems and services to customers.

In addition to the success of the bank to expand its branch and ATMs, and improve its banking capabilities by extending working hours and providing facilities for night deposits. Al-Hims said:

link  

S41755k:  OK, i might be way off the thought process…..Any one who follows the world financial market knows the whole system is on a cliff ready to fall off.

In saying that any additional burden would only taxed the system, such as Iraq banking system merging to the international world.

We all know the county is loaded with cash (assets) that would indeed overextend the system once it connects (present). In order for the banking system to remain complaint with regulator they must have a certain amount of cash on hand for overnight movement of funds.

Now imagine Iraq Banks joins the group. Would you not need more funds in the system?. This is all IMO Blessing

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Samson:  Because of the scarcity of the dollar .. Lebanese pound at the lowest level in 30 years

28th September, 2019
The exchange rate of the dollar at the exchange companies in Lebanon rose to about 1600 pounds for the first time in nearly 30 years compared to the official rate of 1507 pounds.

The tightening of the dollar has led to a strike by fuel importers, which has resulted in fuel shortages, and calls for the owners of gas stations to resolve the crisis of financing the purchase of fuel. The central bank announced that it will issue a circular next week to regulate the financing of importing wheat, fuel and medicines.

A few days ago, owners of mills in Lebanon warned that the country could face a supply crisis if the dollars needed to import cereals were not provided at the official price and said wheat stocks had fallen to a "dangerous" level.  Lebanon's economy is suffering from a slowdown in capital flows from abroad, which have long been used to finance the government's budget and current account deficits. Foreign reserves, excluding gold, have fallen 15% over the past 16 months to about $ 39 billion.   LINK

MilitiaMan Friday Evening "The Dance This Weekend Could Be A Fun One"

KTFA: 

Samson:  The Central Bank establishes a unified database for the banking system between its branches and the Center

26th September, 2019

The Central Bank of Iraq established a database for the banking system (ICBS) in its branch
in Erbil in a move to consolidate the main database in Baghdad and other branches.

  This bank confirms that the remittances in the payment system (RTGS)  made by banks to
their accounts in Erbil and Basra branch can be carried out directly and in real time,
while the accounting department in this bank is currently working towards linking the
database with the Mosul branch, and it is hoped that they will be completed before End
of the year.

Central Bank of Iraq   information Office   2019/9/26

https://cbi.iq/news/view/1295

MilitiaMan:  "The Difference Between Calendar Year and Fiscal Year for Business Taxes. ... The Internal Revenue Service (IRS) defines the calendar year as January 1 through December 31. A fiscal year is any consecutive 12-month period that ends on the final day of any month except December. It is normally 52 to 53 weeks long."

MilitiaMan:  Not that the IRS definition is the same for Iraq, but, imo if they are going to go live with a new rate and interlink the ISX or ISE with the NASDAQ, Iraq businesses will need to be in line with accounting to USA time lines. The part of Mosul being in line with the end of this year could have a profound influence if this definition fits. Take note that it refers to the final day of any month except December.. IMO The present last day of this month is this Monday and the NASDAQ has signed a new agreement with the ISX from what it looks like anyway. ~ MM

"Nasdaq Inc. and the Iraq Stock Exchange (ISX) have signed a new agreement to extend their market technology relationship. As part of the agreement, Nasdaq will continue providing ISX with matching engine and central securities depository (CSD) technology. Published. Jul 19, 2019"

MilitiaMan:  Articles show this October for this agreement, as for being a time frame that was selected by Iraq and the NASDAQ. imo Additional interesting events has me looking at this short term time frame having very significant implications for us.

The citizens have been given ample warning and educational tools on topics such as, (i.e., new currency, new coins or metals, CD Roms, Bill Boards, TV, etc.)  to allow for them to be participants in the relatively and newly created platform to allow investors immediate access to investments via the ISX / ISE, Nasdaq, etc., through high tech tools such has their new smart, visa and or master cards..

All that has been done or is to be and an on going concern, with the main push of education being over with now by showing the push to be on the ISX / ISE, imo. ~ MM

The interesting events that caught my attention has been a President of Iraq, Barham Saleh in a 37 second video with the POTUS during the time frame of the recent UN meetings while they were together.  I believe at the White House they  talked about good things between Iraq and the USA, they talked about many good things and many things they talked about Trump said, "They couldn't talk about." Therefore, what they spoke about was or is, a "SECRET, imo". ~ MM

Now fast forward to Wednesday or Thursday (?) where we hear from FF77 via Frank26 that the Iraq HOR in Parliament made the day a "SECRET" session. See the similarities and wonder why? What or why is there a need at this time to be so "SECRET"? What is it Iraq is doing and not talking about? First Potus and Saleh then the HOR?  \

Then think about this, the same time frame we have FF77 telling us on the last banking day of the week they closed early and that it too was suspicious in nature, as they sited maintenance tests to run new security features during banking hours.

So, lets see close early to test something during what would be normal last day banking hours that precedes coincidentally (or is it), a new week that could effectively set the stage for the ISX and NASDAQ to get in line and go live.

 Now realize there is nothing anyone can do about it as Banks are closed in Baghdad until tomorrow. What could they have to do that is so SECRET?

Well, imo the HOR are not the most honest folks in town from the looks of the Accountability Department.. lol The HOR sessions from my recollection start around 1:00 pm Baggers time frame-ish. So lets say they do the camel and pony show for a couple of hours and then bam! Banks are closed early for testing of new security features?

They could have secured the banks,  as in so much they make it safe to tell the HOR about the heads up, as to what the CBI and ISX have in store for the world. Just has Saleh and Trump said, effectively. "We can't talk about it." lol  At least then, some time real soon maybe they can? lol ~ MM

So this is an interesting time indeed. Circumstantial and not so circumstantial things have been in play and they sure they look very promising. If this theory has any legs what so ever, the dance this weekend could be a fun one.. We shall see.

Samson:  Parliamentary delegation visiting the region .. These are the most prominent files

2019/26 22:53

MP revealed the mass of the Kurdistan Democratic Party, Mohammed Shaker, a parliamentary delegation will visit the Kurdistan region early next week.

Shakir said (for the Euphrates News) that "the delegation consists of members of the committees of legal, oil, gas and finance; to discuss a number of issues with officials of the region." "There is a good rapprochement between Erbil and Baghdad," he said.

The visit comes at a time when a delegation from the Kurdistan Parliament headed by Deputy Speaker Heiman is Rami, on Thursday, to Baghdad.

In this regard, the Chairman of the Committee on Energy and Natural Resources in the Kurdistan parliament , said in a press statement that "the delegation explained during the meetings of the policy of the provincial government with solving problems and as long as the two sides live in the framework of one state, the only way before them is to solve the problems through dialogue."   LINK

MilitiaMan:  So this happened on Thursday, an interesting time frame for agreements and SECRETS from the HOR.. lol . They came to an agreement or a policy for the two sides to abide by a framework to solve problems. Well Sunday starts a new week.. This reeks of good things and well timed too.. I smell money on the horizon!!! ~ lol ~ MM

"Vietnam News" Posted by Samson Friday PM 9-27-19

KTFA: Vietnam:

Samson:  Vietnam : Banks raise short-term deposit rates to more than 8%

September, 24/2019 - 15:34

Saigon Commercial Bank (SCB) has just announced interest rates of up to 8.21 per cent for six-month online deposits

HÀ NỘI — Commercial banks have recently raised their interest rates for six-month deposits to a record high of more than 8 per cent per year. The rate was previously reserved for long-term deposits of more than a year.

Saigon Commercial Bank (SCB) has announced interest rates of 8.03 per cent for six-month online deposits, rising to 8.21 per cent for deposits valued at VNĐ10 billion (US$435,000) and above. This adjustment gives SCB the highest deposit rate for six month terms.

The bank's rate also rises to 8.76 per cent for 13-36 month deposits of VNĐ10 billion upwards. Nam Á Bank is also listing an 8 per cent rate for six month deposits. The bank’s rate for 7-9 month deposits is at 8.05 per cent per year, while its highest rate of 8.7 per cent applies for 36-month deposits.

Viet Capital Bank, Eximbank and VietBank have also set interest rates for six month deposits at 7.5-7.7 per cent per year. However, interest rates for six-month deposits at State-owned banks Vietcombank, Vietinbank and BIDV remain stable and low at 5.5 per cent per year. Rates for long-term deposits of 12-36 months stand at only 6.8 per cent per year.

It is estimated nearly 20 commercial banks, mainly small and medium ones, are listing deposit interest rates at more than 8 per cent per year in a bid to raise capital to meet international banking Basel II standards set by the State Bank of Việt Nam (SBV).

Viet Capital Bank, which has the highest interest rate on the market of 10.2 per cent per year for 60-month deposits, has asked the SBV for permission to apply for Basel II earlier than expected by the end of the third quarter this year. The SBV's deadline for all banks to apply Basel II is January 2020.

The SBV expects interest rates to remain stable until the end of this year after its decision to cut several key interest rates by 0.25 percentage points from September 16 to help credit institutions access capital at more affordable costs, in turn enabling the institutions to improve liquidity and keep interest rates stable.    LINK

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Samson:  Vietnam : Deputy PM holds talks with World Bank Vice President

24th September, 2019
Deputy Prime Minister Vương Đình Huệ held talks with Senior Vice President and chief economist of the World Bank Pinelopi Koujianou Goldberg in Hà Nội on Monday.

The economist is in Việt Nam to attend the Vietnam Reform and Development Forum 2019.

Deputy PM Huệ thanked the guest for promoting ties with Việt Nam and supporting its macro-economic development policies. Apart from policy consultation, the WB has provided Việt Nam official development assistance and preferential loans worth nearly US$24 billion, about $18 billion of which have been disbursed. He expressed his desire to discuss the strategic partnership between Việt Nam and the WB, priorities in socio-economic development strategy for 2021-25 and the impact of the global economy on Việt Nam, especially amid US-China trade tension.

As the Vietnamese economy is small, and its involvement in the global economy is limited, it is necessary to improve competitiveness and move up in the global value chain, he said, adding that he wished to listen to the WB’s forecasts on the issue and get suggestions to help Vietnamese firms join the global value chain more deeply. The host also sought the WB’s recommendations on issues regarding agriculture, rural development and farmers, urban and regional economic development, and regional economic co-ordination.

Goldberg suggested Việt Nam export processed and high-value products and focus on technological innovation to further join the global value chain. Another important point is reforming tertiary education and vocational training, with a focus on training soft skills for students and workers. Both sides also looked into opportunities and challenges arising from the Fourth Industrial Revolution, policies to facilitate the private sector’s involvement in sci-tech development and improving workers’ income.   LINK

Samson:  Việt Nam's growth moderate this year but remains robust in Asia
25th September, 2019

ADB representatives at the report launch on Wednesday. The bank retained its growth forecasts for Việt Nam at 6.8 per cent in 2019 and 6.7 per cent in 2020

The Asian Development Bank (ADB) forecasts a moderate deceleration for Việt Nam’s growth this year and next, but says Việt Nam is still a standout in Asia with stable development thanks to resilient domestic demand and sustained inflows of foreign direct investment (FDI).

In its Asian Development Outlook 2019 Update released on Wednesday, the bank retained its growth forecast for Việt Nam at 6.8 per cent in 2019 and 6.7 per cent in 2020, after exceptionally high growth of 7.1 per cent last year.

Việt Nam’s growth prospect outperformed ADB’s projection for the average growth of developing economies in Asia (excluding Hong Kong, Taiwan, Singapore and Republic of Korea), which was revised down from 5.7 per cent to 5.4 per cent in 2019, and 5.6 per cent to 5.5 per cent in 2020.

Forecasts for average inflation have been revised down to 3 per cent from 3.5 per cent for 2019, and to 3.5 per from 3.8 per cent for 2020. “Despite a slowdown in export growth due to the escalation of the trade conflict between the United States and the People’s Republic of China and the consequent downturn in global trade, the Vietnamese economy remains healthy thanks to continued strength in domestic demand and sustained inflows of foreign direct investment,” said ADB Country Director for Vietnam Eric Sidgwick.

Việt Nam’s GDP grew 6.8 per cent in the first half this year, slightly down from 7 per cent in the corresponding period of last year. Exports of goods and services slowed by more than half, from 15.7 per cent in the first six months of 2018 to 7.1 per cent this year, due to weakened external demand.

However, the adverse effect of the export slowdown was cushioned by continued strength in domestic demand. Private consumption expanded 7.2 per cent in the first half this year, the same rate as a year earlier. Meanwhile, domestic investment grew 7.1 per cent, bolstered by an improved business environment, strengthened investor confidence and strong FDI inflows. “[The] prospect for domestic consumption continues to be positive, supported by rising incomes, buoyant employment and moderate inflation,” Sidgwick said.

The report also upheld continued government efforts to improve the business environment, along with recent upward revisions to sovereign credit ratings, would spur both private and foreign investment.

If the US-China trade conflict continued to escalate, more manufacturers may consider Việt Nam as an alternative base, providing fresh impetus to FDI inflows, it said. Additionally, the regional Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the recent signing of the free trade agreement with the European Union promised to further open market access for trade and investment. “FDI inflows should therefore continue to be strong in the near term, as evidenced by US$13.1 billion in FDI commitments in the first eight months,” it said.

Nguyễn Minh Cường, principal country economist for Việt Nam at ADB, noted foreign capital had been pouring into domestic companies with foreign equity contributions rising 80 per cent this year. “It’s strong growth, indicating there may by a shift in foreign investment due to the impact of the US-China trade conflict. But we need more time to see the level of displacement and places where foreign capital is located, whether it runs into high quality, value added or labour intensive sectors,” Cường said.

Dim outlook for agriculture

In the first half, all sectors witnessed slower growth but agriculture fell hardest. Prolonged drought and a fresh outbreak of African swine fever dragged growth in agriculture down from 3.8 per cent in the first half of 2018 to 2.4 per cent this year.

The agriculture sector was important in Việt Nam, not in terms of its contribution to growth but its social impact, especially on farmers, Sidgwick said. “They [farmers] are worrying a lot more about farm production which is being affected by issues related to climate change… They find it hard to predict the weather; extreme weather such as floods and droughts make their lives much more difficult.”

Cường said Việt Nam was doing well to diversify its export markets but suggested farmers applied advanced technology in agriculture and improve product quality as the demand from consumers for safe products was rising and many countries were employing high safety standards as non-tariff barriers. Meanwhile, the outlook for industry and services remained positive, according to the report.

The manufacturing purchasing managers’ index remained above 50 in the first eight months, which bodes well for the industry. Services are seen to continue growing with further expansion in retail and wholesale trade to meet buoyant demand and higher tourist arrivals, assuming they reach the target of 15 million by year-end.

The report also highlighted significant risks to the forecast. Further escalation of the US–China trade tensions and the continuing global economic slowdown could shrink global trade, which would adversely impact Việt Nam’s trade performance and economic growth. “Việt Nam has done very well but looking ahead, I think the risk is much higher than it has been and continued resilience is required, but I think the Vietnamese Government is well aware of that,” Sidgwick said.

In the middle of this month, the ASEAN+3 Macroeconomic Research Office (AMRO) also released its forecast for Việt Nam’s growth, which it expected to expand 6.6 per cent in 2019.    LINK

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Samson:  Fitch Ratings gives Vietnam Electricity ‘BB’ rating
25th September, 2019

Electricity demand in Việt Nam is expected to continue to increase at an average rate of  9.5 per cent per year

Vietnam Electricity's (EVN) long-term foreign-currency issuer default rating stands at 'BB' with a positive outlook, according to Fitch Ratings.

The rating reflects the agency's outlook on Việt Nam (BB/Positive), which was revised to positive from stable on May 9 this year.

Fitch has also affirmed EVN's senior unsecured rating of 'BB' and standalone credit profile (SCP) of 'bb'.

EVN's ratings are equalised with those of the sovereign rating under Fitch's Government-related entities' rating criteria. This is due to Fitch's assessment of a strong likelihood of State support in light of the group's strategic importance to the power sector in Việt Nam.

EVN's SCP reflects its position as the owner and operator of Việt Nam's electricity transmission and distribution network, and its near 58 per cent share of Việt Nam's power generation capacity.

Fitch sees EVN's status, ownership and control as 'Very Strong'. The State fully owns EVN, appoints its board and senior management, directs investments, and approves tariff hikes in excess of 5 per cent.

“The support track record and our expectations of State support for EVN are 'Strong' as the company has received guarantees, step-down loans, loans from State-owned banks at preferential rates, subsidies for strategically important projects, and tax incentives. We expect support to be available if needed, even though the government intends to lower direct support for state-owned enterprises and contain sovereign debt levels," Fitch said.

According to Fitch, electricity demand in Việt Nam is expected to continue to increase at an average rate of 9.5 per cent per year, driven by rising industrialisation, urbanisation and affluence. Việt Nam has a solid national electrification ratio of about 99 per cent, with the ratio reaching almost 100 per cent in urban areas. Management has said all electricity consumers are billed regularly and collection rates are between 99 per cent and 100 per cent across EVN's five power-distribution companies.

Hydropower accounts for about 42 per cent of Việt Nam's power-generation capacity. Years with productive hydropower generation have lifted EVN's profit margin, but periods of lower rainfall have forced the company to rely excessively on expensive coal.

About 65 per cent of EVN's borrowings are denominated in foreign currency, exposing the company to substantial currency risk. Lower gains in electricity sales volume also subject EVN to financial stress due to the company's high capex plans. However, Fitch expects EVN to adjust its investments if there is a structural decline in demand. The rating agency believes EVN's financial profile could deteriorate rapidly in the absence of regular tariff increases.   LINK

Delta and KTFA Members Thursday PM 9-26-19

KTFA:

DELTA:  NEVER SEEN THIS BEFORE...

UNITED STATES DOLLAR TO IRAQI DINAR (USD TO IQD)

Iraq - Iraqi dinar - IQD

RATE DATE Current Date  26. September 2019

 ×Sorry, exchange rates for this currency pair are not available for the date given.

 FURTHER INFORMATION UNITED STATES DOLLAR - IRAQI DINAR

Close:

Open:

Daily Low:

Daily High:

Date: 9/26/2019

Day of Week: Thursday

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DELTA:  XE Currency Converter: 1 IQD to USD = 0 USD

Fast, easy money transfers to over 120 countries and 65 currencies

 IQD

 Live mid-market rates

0.00  USD

1 IQD  =  0.00083487  USD

Transfer fee -.-- 

You want  USD

Unfortunately we are not able to provide online money transfers from IQD to USD at this time.
https://www.xe.com/

MadeeandLyndee:  So what is the significance? 

Jay:  All Imo, But not much. But it is worth perking up and taking notice to see what happens next.  Hence why I said let's see what they do next. Could just be an update. To think anything else at this time would be unwise. I want to see what they do now. The CBI site being taken off line 3 times in one month was also interesting. I have never saw the CBI do that in my 7 yrs. 

Delta may have something here or it may be nothing.  Either way I'm grateful he's on top of it. All said with respect and no negativity. Just staying grounded. I think Delta is referring to this statement that is on the site I linked below. I have never seen that either...imo

Unfortunately we are not able to provide online money transfers from IQD to USD at this time.

From the site. 

https://www.xe.com/currencyconverter/convert/?Amount=1%2C000%2C000&From=USD&To=IQD

1 IQD  =  0.00083508  USD

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Henquist:  Is anyone able to confirm with links  the currency value requirements for the ISX/Nasdaq that supposedly will commence October 1 please?  

Cornhusker:  IMO if you were a country and you were going to change the currency  and the value of your currency when would be the best time to make the change ,well at the end of the fiscal year most countrys do it on september 30th ,in my opinion not  long to wait.if a person has a 25000 note and the value changes 1 to 1 in country and the international rate is 3.00 your 25000 note would be over 75000 ,how about that.

Rodman13:  in country (iraq) 1 to1
25,000 = 25.00
10,000 = 10.00
5,000 = 5.00 
1,000 = 1.00
500.00 =.50
250.00 =.25

in the usa at 1 to 1
25,000 =25,000k
10,000 = 10,000k and so on and so on

All imo, hope this helps

Rodman13:  sorry, should have said when iraq drops the 000, all they are doing is moving the decimal point, imo

Don961:  Officially .. Georgieva selected as director of the International Monetary Fund

 25 September 2019 10:08 PM

From: Ahmed Shawky

Directly: it approved by the Executive Board of the International Monetary Fund formally to choose "Kristalina Georgieva" to assume the post of Director General of the Fund and Chairman of the Executive Board for a period of five years

Bulgarian "Georgieva", the former World Bank director, is the first person from emerging market economies to lead the IMF since its inception in 1944

The IMF said in a statement on Wednesday that it had concluded the selection process for the successor of Christine Lagarde, which was launched by the Executive Board on July 26, after interviews with "Georgieva", to lead the IMF as of October 1

"It is a great responsibility to be at the head of the IMF at a time when global economic growth remains disappointing, trade tensions persist, and debt is at historically high levels," Georgieva said

The new IMF director stressed that our immediate priority is to help countries reduce the risk of crisis and prepare for recessions

"However, we must not lose sight of our long-term goal of supporting sound monetary, fiscal and structural policies to build stronger economies and improve citizens' lives    link

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Don961:  The world's wealthiest families store money as recession fears increase

25 September 2019 08:55 PM

Mubasher: Cadwalder Wickersham & Taft's former partner says there are tough times for family investment offices trying to invest cash

The family offices are investment offices that manage the money of families with great wealth formed over several generations

In comments quoted by Bloomberg on Tuesday, the head of the family office, Rick Stone, expressed doubts that the bond market would provide any real return over the next decade

Much of the venture capital and private equity funds would continue to chase very few opportunities, according to Stone

Stone, a 60-year-old, says the time is too difficult for family offices to allocate money

"There are few areas available for investment and there is a lot of money looking for them," said Stone, who runs the bi-monthly meetings of the Palm Beach Investment Research Group, a network of 35 family offices in Palm Beach, Florida

That vision is in line with the Global Family Office report, which includes 360 family offices around the world surveyed for the UBS Global Family Office report for the year released earlier this week

According to the report, 42 percent of family offices around the world collect and maintain cash

LIN

KTFA Members "Thursday News" 9-26-19

KTFA:

Samson:   The Central Bank establishes a unified database for the banking system between its branches and the Center

26th September, 2019

The Central Bank of Iraq established a database for the banking system (ICBS) in its branch
in Erbil in a move to consolidate the main database in Baghdad and other branches.

 This bank confirms that the remittances in the payment system (RTGS)  made by banks to
their accounts in Erbil and Basra branch can be carried out directly and in real time,while the accounting department in this bank is currently working towards linking thedatabase with the Mosul branch, and it is hoped that they will be completed before End of the year.

 Central Bank of Iraq  information Office  2019/9/26

https://cbi.iq/news/view/1295

Don961:  this is cool ... "DIRECTLY IN REAL TIME" ... moving forward ... imo

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Samson:  Hundreds of companies and dozens of countries are participating in the 13th Erbil International Fair

26th September, 2019
It is scheduled to open the 13th session of the Erbil International Fair in the next few days with the participation of 300 companies from 24 countries.

"The 30th of September will witness the opening of the big exhibition which includes many fields such as agriculture, industry, construction and food," Mohammed told local Kurdish media.

"It has been decided that the exhibition will last for 14 days," he said, expecting to see a lot of people visiting.

He pointed out that the countries of France, Canada, Kuwait, Qatar, Turkey, Iran, India, Lebanon, Sri Lanka, Ukraine, China, Poland, Sweden, Egypt, Saudi Arabia, Jordan, America, Malaysia, UAE, as well as Iraq and the Kurdistan region will participate in this session of the Erbil International Fair.

He pointed out that this comprehensive and annual exhibition held in the Kurdistan region includes all areas, pointing out that the region aims to attract the largest number of companies and countries. LINK

Samson:  Parliamentary discloses 75 Iraqi banks and fictitious amounts

26th September, 2019
A member of the Parliamentary Integrity Committee, Kazem al-Sayyadi, called on Thursday to activate the principle of "where do you get this" after people "barefoot who have nothing" acquired malls and dozens of banks and commercial buildings and hundreds of banking companies.

Sayadi said in a press conference held in the House of Representatives today, "Corruption in the Iraqi state has become a culture of strengthened corrupt parties, a scourge eaten the Iraqi state and we have to be plans no slogans and programs no propaganda and work and no elections," stressing the need to "constitute The House of Representatives committees to follow up all the files of corruption from 2003 until today.

He pointed out that "all state funds were wasted and turned into malls, banks, buildings and investments in the pockets of corrupt," pointing out that "there are 75 banks and fictitious amounts of people who had nothing, as well as money in the hundreds of people were barefoot people and there are apartments, villas and investments billions of dinars and there in Al-Jadiriya, Al-Mansour and Al-Karkh in the capital Baghdad many of the destitute yesterday became owners of money for stealing state funds."

The fisherman said that "it must be activated" from where you this "to hold accountable corrupt who stole state money from some parties and some heads of blocs," explaining that "there are banks left behind by political parties known by the Iraqi street and do not know why did not open the files of banks, banking, villas and buildings inside and outside Iraq".

A member of the Integrity Committee called "his committee to open the file of banks and the names of their owners, shareholders and all houses in the high-end areas who had nothing," calling on "the House of Representatives to take responsibility and citizens who know the money and deficiencies to investigate."  LINK

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Samon:  Russian delegation offers to build a nuclear reactor in Iraq

26th September, 2019   Appearing again today

The Minister of Higher Education and Scientific Research, Science and Technology, Qusai Al-Suhail, discussed with a Russian delegation an offer to build a nuclear reactor in Iraq in cooperation with the Russian government

The ministry said in a statement seen by Al-Iqtisadiah that the meeting was held at the University of Baghdad, during which the minister was briefed on the offers made by the Russian state-owned company Ross Atom in order to build a nuclear reactor for peaceful and medical purposes

The Minister was briefed on the details provided by the Russian delegation

For its part, the Russian delegation expressed Moscow's willingness and willingness to cooperate with the Iraqi ministries concerned with this project in order to obtain consensus on the project

The ministry pointed out that the technical delegations of the two countries will meet before the end of this year; to discuss the details of the offer made by (Ross Atom), and the suitability of the Iraqi requirements and needs  LINK

Don961:  U.S. President Donald Trump said on Wednesday that a deal to end a nearly 15-month trade war with China could happen sooner than people think.  link

Don961:  Economist: agreements with China will not affect Iraq's relations with America

by Ali EjamEconomics23 Hours ago

Baghdad - “Liberation squares”

Economic expert Malaz Al-Amin ruled out the influence of China and the current agreements between Iraq and Iraq on our relations with the US and the economic agreements, stressing that the trade between the two countries is developed and this has nothing to do with the economic sanctions imposed by Washington on Beijing.

The Secretary said in a press statement that "Iraq's relations with China, a historical relationship that dates back to more than six decades in the Republican era and several centuries at the level of the Iraqi and Chinese people," noting that "the Prime Minister's visit at the head of a large government and official The Government has the right to elevate these relations to the highest degree in all sectors, centered on infrastructure, roads, bridges, communications, investments in the agricultural, industrial and tourism sectors and increasing trade exchange. ”

He added that China imports most of its oil needs from Iraq, while Iraq imports its needs from China, which starts with cars and does not end with telecommunications and clothing. The United States through high tariffs. ”

"Iraq is a sovereign country and has the right to establish relations with the countries that achieve its interests," he said. In addition to investment in the sectors of agriculture, transport and tourism, which contributes to the growth of the national economy and the creation of new jobs for the unemployed, the Iraqi government will find that it and to serve its people to follow this approach to conform with the national interest.   link

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Don961:  The United States and Japan reach a preliminary trade agreement

 25 September 2019 09:21 PM

Directly:President Bush (TRUMP) said that the United States has identified preliminary details on the trade deal with Japan in a broader framework

The first phase of the agreement will facilitate the access of US $ 7 billion of US agricultural products to Japanese markets, Donald Trump said at the signing of the contract with Japanese Prime Minister Shinzo Abe at the United Nations on Wednesday

The US president also stressed that Japan will reduce or eliminate tariffs on products such as beef, pork, corn and wine

The US president said Washington and Tokyo had pledged $ 40 billion in digital commerce

The document, signed by leaders today, outlined "the important steps we are taking towards a fair and reciprocal trade agreement," Trump said

The developing agreement comes as Trump tries to mitigate the damage from his efforts to eliminate what he calls unfair global business practices    LINK