Monday Night KTFA CC Replay and more news 10-21-19

KTFA:

Samson:  UHCHR calls on the government to fulfill its promises in the reform package

2019/10/21 9:23

The UN High Commissioner for Human Rights on Monday called on the government to fulfill its promises in the reform package. "We call on the government to implement its promises in the reform package and to give the Iraqi citizen the rights guaranteed by the constitution," said Fadhil al-Gharawi, a member of the Human Rights Commission in Iraq.

It is noteworthy that the Iraqi government had begun to implement the first package of demands, and announced the appointment of 1344 holders of certificates, and exempted farmers and farmers from the annual rent of agricultural land and Oaza work will launch an electronic form for the grant of the unemployed.

The Council of Ministers at its meeting held on Tuesday 8-10-2019, chaired by Prime Minister Adel Abdul Mahdi, the second package of urgent measures of the Council of Ministers in meeting the demands of the demonstrators.   LINK

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Frank26 and Monday Night KTFA CC Replay 10-21-19

PLAYBACK : 605.313.5163    PIN: 156996#

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Don961:  Six countries participating in the Kuwait conference inform Iraq of non-compliance with its commitments

2019-10-21 

A government official revealed that six countries that participated in the Kuwait conference told Iraq not to abide by their commitments, pointing out that those countries attributed the reason to the widespread corruption and the lack of a clear road map to spend money on reconstruction projects.

The official said in a statement followed by Alsumaria News, " Iraq needs according to government reports, between 80 to 90 billion dollars, for the reconstruction of 180 cities and districts, towns and districts distributed in the provinces of Anbar, Nineveh , Diyala , Salah al-Din , Kirkuk , Baghdad belt and northern Babylon , These cities were invaded by ISIS north and west of Iraq in mid-2014 and were liberated in 2017, noting that "these areas represent 49% of the total area of ​​the country."

On February 2018, Kuwait sponsored an international conference for the reconstruction and development of Iraq , with the participation of more than 40 countries and hundreds of foreign companies in various sectors, while the Kuwaiti Deputy Prime Minister and Minister of Foreign Affairs, Sheikh Sabah Khalid Al-Hamad Al-Sabah , at the time, that international pledges At the conference amounted to 30 billion.

 The official added that "these commitments did not find their way to activate," pointing to the "6 Arab and foreign countries informed Iraq that corruption in Iraq and the Government did not provide a clear roadmap for how the money is spent on reconstruction projects, is paid to the reluctance to honor its commitments."   link

Samson:  Oil prices fall on expectations of weak demand and supply concerns
21st October, 2019

Oil prices fell on Monday amid continuing concerns about the global economic outlook and the impact on oil demand, while Russia again failed to meet the target of oil production last month

Brent crude futures were down 10 cents, or 0.2 percent, at $ 59.32 a barrel by 0108 GMT

US crude futures fell 9 cents, or 0.2 percent, to $ 53.69

China's economic growth slowed to 6 percent year-on-year in the third quarter, the weakest growth in 27-1 / 2 years and below expectations due to lower factory output and continuing trade tensions

However, the achievement of refinery production in China increased 9.4 percent year-on-year in September indicates that demand for oil from the world's largest oil importer remains strong

On oil supplies, Russia said it produced more oil in September than stipulated in a global deal because of an increase in gas condensate production as the country prepares for the winter

OPEC, Russia and other oil producers in the so-called OPEC + alliance agreed in December to cut production by 1.2 million barrels per day from the beginning of this year

But several countries, including Saudi Arabia, have complained that Russia has not fully complied with the deal. Talks between Kuwait and Saudi Arabia to resume oil production from jointly managed fields in the divided region have raised fears of oversupply

Kuwaiti Deputy Foreign Minister Khalid al-Jarallah said on Saturday the talks were very positive after Kuwait's Al-Qabas and Al-Rai newspapers reported earlier, citing unnamed sources, that Kuwait and Saudi Arabia had agreed to resume oil production from the divided region   LINK

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Samson:  China beats America for the first time in the number of rich

21st October, 2019

Rich Chinese have outnumbered their American counterparts for the first time, while countries continue to produce more millionaires, according to a study by Credit Suisse.

The annual wealth report, released by the Swiss bank, showed that 100 million Chinese have been on the world's top 10 richest list since the middle of this year, compared to 99 million Americans. "Despite the US-China trade tensions over the past 12 months, the two countries have performed strongly in wealth creation and contributed $ 3.8 trillion and $ 1.9 trillion, respectively," said Nanette Hashler-Viederbe, head of economics and research at Credit Suisse.

The study added that the number of millionaires in the world increased by 1.1 million to 46.8 million together own $ 158.3 trillion in fixed assets, equivalent to 44% of the global total. The number of millionaires in the United States increased by more than half of the global increase, entering the list of 675 thousand new millionaires. The study predicted that global wealth would rise 27 percent in five years to $ 459 trillion by 2024, after a 2.6 percent increase last year. She expected the number of millionaires to increase during the same period to about 63 million.   LINK

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Don961:  How did you get this?

Sunday 20 October 2019

Free Membership

Senior officials with special grades (deputies, ministers, and presidencies) annually submit a statement of their financial receivables to the INT.

Drop the imposition of first order.

They are of different positions and recitations and backgrounds and the failure of some state-owned system from the system of issuing statements in which they give us good news discharge from rampant corruption.

Integrity, for its part, is also grateful for a detailed statement of those who have submitted their financial disclosure. When the statement counts, even Gobaiden, Kofi Annan and Sergey Lavrov offer to disclose our financial discretion to ensure privacy, clean advertising and silence until the end of the year to the coming year and new data and drop more assumptions.

Therefore, according to all these statements, including the promise of a great good for the country and the people, we never need to legislate the law "Where do you get this?".

Why do we enact this law and most of the gentlemen who entered the political attic after 2003 complain that their money that they inherited from their parents and grandparents has decreased?

We do not need to legislate such a law because it is the citizen who pays a bribe to the employee in order to go along with his treatment and is often caught in an ambush by the Integrity Committees and a well-known offender who encourages a public servant to bribe.

The citizen according to this description and description is a partner of the employee in the guide pieces deployed in all departments of the State and the content of "God curse and bribery." Since the invitation is incomplete, I suggest adding “molasses” until the complaint is complete.

I am sorry for your “dough” with the title “How did you get this”? To answer this question, I say that all that is recovered annually from stolen funds by the oversight bodies does not exceed a few million dollars? They are "blessed" as long as the money looted in this way or that returned to the treasury. 

But what about the billions that officials talk about before citizens. Where are they and how did they spend?

This is a question that requires an accurate answer.

In order to be able to accurately answer this question, what should be enacted is the law “How do you do this” and not “Where do you get this?”. 

Why? Because oil is our main resource, which makes up more than 95% of the budget. We know the source of the money and as a result we do not need to ask any employee to what degree inflated his money during the years of his job, where do you get this because we know the source of the money of the Iraqi people derived from oil sales in general. 

So the question to ask and which is supposed to be legislated by the parliament is .. How do you get this? That is, how I managed to collect this wealth, not where it was collected. The question of "how" not "manna" is the one that reduces all questions and answers and we no longer need to scramble annually to disclose financial discharge in the absence of .. Real censor 

It is a conscience.     link

TNT, KTFA, X22 and more Monday Night 10-21-19

TNT:

Jambie67:  I'm confused about the window: Tony mentioned that it made more sense to him for the RV to happen when markets were closed globally which would allow for a Saturday/Sunday release. But, he also said the Tuesday (tomorrow) window was still in play. Which seems more likely? Any logical guesses?   Just wondering if we should legitimately only be expectant on weekends

Crushr13:  From what I understand, Tuesday was good because Monday was used to recap for weekend transactions, and recap for the previous week's transactions. Tuesday opens a window for new transactions for the present week, which makes it easier for the banks, since they won't be so busy with stuff from the previous week.  That is my understanding about the windows.

JudiBlueEyes:  jambie67 I believe other than Monday any day is fair game. Don't expect anything typical. JIMHO

RLS31651:  tuesday the bis reconciles the business at close on tuesday

Sunstar:  In My Eyes There Is No Time Stamp On The RV… Anytime …Anytime…. Anytime

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"The RV has Taken Place" by Rinus Verhagen - 10.21.19

Entry Submitted by Rinus Verhagen at 10:42 AM EDT on October 21, 2019

The RV has taken place on Saturday 19 October.

The Netherlands will get its own currency back the Guilder.

This is inevitable, because the ECB, like the FED, is no longer allowed to make Fiat Money out of nothing.

As of last Saturday the currency is again covered by Gold.

Tomorrow more currencies should be visible.

https://www.finanzen100.de/waehrungen/hollaendischer-gulden-deutsche-mark-nlg-dem_H58347769_9350168/

Rumour has it that one can exchange foreign currency at one's own bank.

We will find out later this week whether this is the case.

In the transition phase, the euro will remain the international trading currency between EU countries until the corrupt EU is abolished.

Kind Regards,   Rinus Verhagen

https://inteldinarchronicles.blogspot.com/2019/10/the-rv-has-taken-place-by-rinus.html

KTFA: 

Don961:  Trump: The trade deal with China will look great

 21 October 2019 10:46 PM

Direct: US President Donald Trump continues to talk optimistically about the possibility of a deal that could end trade war the United States with China

Trump said in comments with reporters at the White House on Monday that the trade deal would look good

The US president over the last week expressed the hope the signing of the first phase of the trade agreement with China in the middle of next month , but the Minister of Commerce today said that it is not necessary to be held in November , saying that the timing is less important than the conclusion of a valid transaction

Trump said during a White House Cabinet meeting today that the issues of the second phase of the deal would in many respects be much easier to resolve than the first stage

The US president said his country was making billions of dollars in tariffs on goods from China, noting that Beijing was devaluing its currency

He stressed that the Chinese side is willing to conclude a trade deal    link

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Don961:  Fed pumps $ 58.15 billion into financial markets

 21 October 2019 07:12 PM

Direct: The Federal Reserve Bank of New York has injected more than $ 58 billion in liquidity into short-term lending markets

The US central bank in New York on Monday announced that it had purchased securities under the overnight repurchase agreements worth $ 58.15 billion

The move comes in an effort to help keep the federal funds rate within the target range

The liquidity announced today was slightly larger than the $ 56.65 billion in the form of one-day repurchase agreements that were injected last Friday

The repurchase rate (repo overnight) in the US ranged from 1.92 percent to 1.95 percent before the Fed operation in New York     link

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ChrisC:  More than a few people have contacted me by PM and email about what is going on with the banks and any RV.  I think it is best, and will save me and others a lot of time if I give my opinion here.  I see the possibility of ending this deal this week before stuff hits the fan on Friday. 

 I also see an imminent disaster  coming in the banking world. Let me give an analogy so you can get a visual of what may occur.  It is a football one. 

Imagine a wide receiver (us) crossing the middle of the field intently watching the quarterback as he is running.  He sees the quarterback preparing to throw and in his mind he can imagine what a hero he is fixing to be when he scores that touchdown, Yeah Baby! 

 However, a safety(the banks) is crossing the field from the opposite side and right as the receiver catches the ball, the safety hits him so hard he knocks the receivers helmet off and they carry him off on a stretcher. 

I am hoping that an unseen blocker (Trump) takes the helmet off of the safety first so we can catch the ball and score, but I don't know.  I am not going to mention this again, but if you go and search Ellen Brown on YouTube you will find out some info that almost all of you have never known about what the banks can do with your money.  IMO.  

WaitingGame:  Yes the day we exchange will not be the end. In fact, it may be the start of problems many of us have no idea were coming.

As of today, if I exchanged today, I’d be exchanging into some type of fiat currency. And that system is soon to break under the load of derivatives, extreme debt and ongoing QE.... I don’t know the answers or what happens in our future but I’m ready for these new challenges. Come on Iraq, announce your new notes and new international rate!!

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Samson:  Alaoui: The government will not allow a single bullet to be fired in future demonstrations

20th October, 2019
Former politician and MP Hassan Al-Alawi confirmed on Sunday that the government will not allow a single bullet to be fired at the upcoming demonstrations, noting that Abdul Mahdi will resign in the end despite the pressure not to submit.

Alawi told the / information / that "the upcoming demonstrations will be stronger than the demonstrations that came out on the first of this month."

He added that "the government has seen the status of things and will not allow a single bullet against the demonstrators," noting that "the demonstrators will not stand at the liberation square only."

He explained that "Prime Minister Adel Abdul-Mahdi is under great pressure to prevent the resignation and proceed with the introduction of reforms or decisions within the demands of the demonstrators," noting that "Abdul-Mahdi will resign in the end."     LINK

SC1:  Wouldn't future demonstrations be avoided completely if the Iraqi citizens are given all of their demands  ??     BEFORE  the scheduled protests?!   IMO, kinda elementary.. .. that way, the GOI wouldn't even have to be concerned with either demonstrations or firing upon citizens... .. no ??  What am I missing ?... We will see what Madhi, GOI, and the CBI do...

The [CB]/MSM Have Been Exposed, The Economic Control Belongs To The Patriots - Episode 2000a

X22 Report:  Oct 21, 2019

https://youtu.be/dS3QZZfdj2U?t=2

Follow The Clues, Another Piece Of The Puzzle Added, [DS] Ready To Face Justice - Episode 2000b

X22 Report:  Oct 21, 2019

https://youtu.be/atqrJosro4Q?t=4

Frank26 and KTFA Members Monday Afternoon "Faud and the Fab 4" 10-21-19

KTFA:

Fuad Hussein is the Minister of Finance:

Samson:  I signed today, on behalf of the @IraqiGovt , with the @WorldBank an MoU that outlines the framework of future cooperation between both sides, and will be the basis for a long term partnership agreement. @SarojJha001 @ramzineman pic.twitter.com/t4NcBr5O6r — Fuad Hussein (@Fuad_Hussein1) October 20, 2019 

Samson:  I chaired today #Iraq roundtable meeting at the IMF- @WorldBank annual meetings in #Washington. Attendees were delegations from the WB, IMF, and representatives from USA, UK, Germany, France, Japan and KSA. @IMFNews @IraqiGovt pic.twitter.com/7Ay5SEZkIZ — Fuad Hussein (@Fuad_Hussein1) October 20, 2019

Samson:  In my keynote speech , I indicated that we in the @IraqiGovt are adamant to continue our planned reforms to overcome the institutional & economic challenges we face. @WorldBank @IMFNews pic.twitter.com/beMgvjWk3o— Fuad Hussein (@Fuad_Hussein1) October 20, 2019

Samson:  And that we also are serious in having an effective & efficient private sector that can create wide-range employment for our youth& diversify our economy. @WorldBank @IMFNews @IraqiGovt pic.twitter.com/xbKHZ69OOl— Fuad Hussein (@Fuad_Hussein1) October 20, 2019

Samson:  I discussed with Christine Toetzke of the German Federal Ministry for Economic Cooperation & Development BMZ, plans for Germany’s longer term engagement to assist @IraqiGovt in achieving it’s development objectives. @GermanyinIraq pic.twitter.com/jSrM3HStgn   — Fuad Hussein (@Fuad_Hussein1) October 20, 2019

Iobey777:  Wow!!! Mr. Hussein has been BUSY!!! It’s like someone filled his tank with GO juice!!! Go man...finish it NOW!!!! IMO!! Seems like he wants the whole world to know what he has been doing!

Mike100:  its funny isnt it? when you have thousands of angry citizens at your front door no matter how wealthy and untouchable they think they are they bow down to the people.. because when young men and women have no hope they have nothing to lose. These politicians are scared now and they should be.Yes you are correct seems like someone kicked his rear into gear. Gonna be interesting to see what they do before the 25th, the clock is ticking.

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Frank26:  FUAD AND FAB 4 ....10-21-19

https://www.youtube.com/watch?v=3Agc_kLWhtg

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

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

TONIGHT’S LIVESTREAM LINK: https://livestream.com/frank26/events...

Samson:  The finance minister discusses in Washington with banking institutions new policies to accelerate the implementation of projects

2019/10/21 13:20

Deputy Prime Minister and Minister of Finance Fuad Hussein and his delegation in Washington held a number of meetings and meetings within the delegation's program to strengthen economic and financial relations with international organizations and institutions.

The Minister of Finance met the Executive Director of the International Monetary Fund Mitsu Hero Furusao and during the meeting discussed the possibility of strengthening cooperation between Iraq and the Fund in the interest of Iraq and contribute to the development of the economic sector.

Separately, the Deputy Prime Minister and Minister of Finance met with the World Bank Group and MIGA and thanked them for their support to develop economic sectors, as well as discussing the continuation of support to create new jobs, support small and medium enterprises and contribute to giving expertise to carry out general reforms of the economic institution.

On the other hand, the Iraqi delegation met with Farid Balah, Vice President of the World Bank for the Middle East and North Africa, during which the meeting reviewed the projects implemented by the Bank in Iraq and agreed to adopt new policies to accelerate the implementation of projects.

He also met with Deputy Prime Minister and Minister of Finance representative of the German Ministry of Economic Cooperation and Development Christine Toetzk and discussed with them the possibility of long-term cooperation to help the Iraqi government in achieving economic development goals.

It is worth mentioning that the delegation held a series of meetings with international monetary institutions and international banks such as Lazard Freres and Deutsche Bank in order to strengthen relations and cooperation in the financial sector and banking and contribute to infrastructure projects and reconstruction.

The meetings were attended by advisers to the prime minister and general directors of the Ministry of Finance and the ambassador of Iraq in Washington.   LINK

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Samson:  Karbouli: The government is on the threshold of a historic crossroads

2019/10/20 21:25

MP Mohammed al-Karbouli, the government on the "threshold of a historic crossroads." "The government is on the threshold of a historic crossroads," Karbouli said in a tweet on Twitter.

He said that "the government is required to work for the benefit of all Iraqis and to work to achieve and balance in its institutions." "The government's attempts to pass lists of special grades, contrary to professionalism, will be devoted to the problem of lost justice," Karbouli added.   LINK

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Don961:  Urgent .. A senior US official will arrive in the next 48 hours to Iraq

by Ali EjamIraq News3 Hours ago

Baghdad-
A senior US official will arrive in Iraq within the next 48 hours to discuss the withdrawal of his country's forces from Syria and protect Iraq from the threat of ISIS.   link

SC!:  Thank you Frank, Walkingstick, Delta, and teams of KTFA !!!! What you have shared with us has prepared us, so that we are looking for this to occur ! Indeed super important to ensure that ISIS is completely eradicated from all of the Middle East: Iraq, Syria, and all, and for the safety of the people, and that all Iraqi citizens are protected !!! Praying for great success in achieving this !!  Praying Also, that while he is there, that he will also clearly discuss:

 SOMETHING ELSE: and that is: that the Reality of the full Purchasing Power HAS.  ALREADY.  BEEN.FULLY RESTORED to the Iraqi Dinar for citizens of Iraq !!!

(past tense always sounds better than future tense...  ... particularly in regard to the RV..)

 And If not NOW.... WHEN !?!?   Time to take advantage of the opportunity, IMO.

KTFA Members "News and Views" Sunday PM 10-20-19

KTFA:

Samson:  Together with my delegation, I met today in #Washington with @FeridBelhaj , @WorldBank VP- ME and NA and his team. We discussed the various projects the WB is undertaking in #Iraq & agreed to adapt new methodologies to expedite implementation. @IraqiGovt pic.twitter.com/5XaqWbhsJe — Fuad Hussein (@Fuad_Hussein1) October 20, 2019

Frank26:  " EXPEDITE IMPLEMENTATION '' ............... FUAD/IMF/WB/UST/WDC ............. YOUR UB2B. HAVE A NICE DAY FAMILY.  Video Link

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Clare:  "INTERNATIONAL STANDARD" THANK YOU VERY MUCH CBI!

Samson:  International Standard for Information Security Management in accordance with ISO27001 for the period from 17-2019 / 11/21

20th October, 2019

To public and private banks (ISSM course in accordance with ISO27001 ) .Llotalaa Click here

Training course The Center for Banking Studies Tataha Anod informs you about the establishment of a training course entitled the international standard for information security management and FTAA specification ISO27001 "duration ۱۷ - ۲۰۱۹/۱۱ / التاس at nine in the morning and according to the details of the conditions of participation: the staff concerned with the subject.

Anis Salman Ali Ahmed Abdul Azim Administrative Technical College that the session: Administrative Technical College located in Bab Al-Muadham / Consultant Office Hall Note that the subscription fees (۲۰۰۰۰۰) dinars (two hundred thousand dinars) per participant is authorized to deduct from your account (in dinars) You can, in principle, send the names of their candidates by e-mail to the Center for Banking Studies (bsc @ cbi. Iq).

The nomination letter will be sent by email later and one week before the start of the session. Participants will be accepted according to the priority of the nominations received. We will apologize for accepting nominations received on the first day of the course  with appreciation accompanying / / - Terms and instructions for participation in training courses

https://cbi.iq/news/view/1323

Samson:  Kurdish deputy: agreement is close with Baghdad

2019/10/20 18:01

A delegation from the Kurdistan region, headed by the Minister of Finance and Economy, will visit Baghdad.

The deputy chairman of the Finance Committee in the Parliament of Kurdistan Heffidar Ahmed in a press statement on Sunday, the provincial delegation will soon visit Baghdad to discuss oil files, and the budget and the region 's share of it."

He added that "the agreement with Baghdad soon, but the demonstrations in Baghdad have delayed meetings".  The situation is now different, the meetings will continue," he said.  LINK

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Samson:  Electronic payment undermines corruption and guarantees the rights of beneficiaries

2019/10/20 13:07 

Renews calls to face corruption in a real and effective adoption of advanced technology and used internationally, including what was adopted locally through the competent companies, which interacted with the public, as electronic payment is the most important joints that must be adopted to face corruption and to convey the reality of government performance For a better phase by completing operations electronically, without the need for friction of the employee with the beneficiary.

The importance of e-transactions came in the Prime Minister's speech, and accepted by a number of economists and specialists, after everyone realized that the adoption of advanced technology is an imperative need to be the seed of economic reform.

A qualitative leap

Financial Adviser to the Prime Minister d. The appearance of Mohammed Saleh stressed that "the adoption of advanced electronic payment technology represents a qualitative leap in the advancement of transactions and government performance, as it can benefit from the success of the experience of electronic payment in the financial sector, in other business sectors, especially those involving financial levy, and here can rely on effort Successful localization and employ it to achieve success in this important direction."

Local voltage

He added that "the work to raise government performance needs to take advantage of technological developments, and here we must pay attention to the local effort on electronic payment, and expand its activity to achieve more than the benefit of the completion of work on time and provide employment opportunities for young people directly to workers in this sector and indirect in sectors Supporting." A speech to the Prime Minister on 9 October included the adoption of several measures, including stopping the state at a time that will determine the payment of any amount in paper currency, but identify sukuk and smart card that prevents the manipulation of funds, and encourage those who receive sukuk to open bank accounts to get rid of money laundering and corruption.

Effective performance

In turn, a member of the Baghdad Economic Forum Jassim Al-Aradi said that "the process of economic reform sought by the country requires the adoption of mechanisms for the work of the court is not manipulated, and relying on electronic payment mechanisms that must be adopted in all dealings without the need for friction between the references different institution name This will ensure effective performance, coupled with a calendar control by a particular entity and strong control during the implementation of works or projects or the performance of different institutions.

 He pointed out that "the importance of the performance of institutions to be fast and professional away from complexity, and that there is one window with regard to projects and summary transactions and the payment of fees and dues and others through electronic channels, and thus we have already started a new phase of work and put the train on the right track."

The new phase

He pointed out that "the reality of electronic payment in Iraq has developed a lot, and that the Central Bank is aware of the importance of this trend and its positive impact on the economy of the country, and was able to adopt tools to communicate with the community to accept the new phase in dealings and shift towards the electronic community," indicating the importance of cooperation with There is a complementarity between the central instructions and the national performance, especially as Iraq has companies that have achieved international awards at the level of electronic payment.

He pointed out that "the next stage requires that the efforts of all to join forces to move the labor market and provide employment opportunities and the advancement of the national economy, and that everyone put national interests in the first and only choice, especially as the country can provide major employment opportunities to accommodate local and external human resources needed here and there. But this requires an organization and plans and an attractive environment for international investment."    LINK

Samson:  China's central bank governor: Trade tensions pose major threat to global economy
20th October, 2019

The possibility of escalating trade tensions and political uncertainty are the main risk factors facing the global economy and market forces keep the Chinese yuan at an appropriate level, said Governor Yi Gang of the People's Bank of China (central bank

In a statement to the IMF Steering Committee, Yi said Beijing was "deeply disappointed" by the IMF's failure to regulate its shareholder structure to recognize the growing influence of China and other fast-growing economies   LINK

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Samson:  Banks in Lebanon are closed due to the angry demonstrations

20th October, 2019

The International Association of Banks in Lebanon (LIBA) has announced that its doors will remain closed on Monday in light of the events in the country.

The statement said that the closure comes in the interest of "the security and safety of customers and employees, and in order to remove the effects of damage to some banking centers and branches." The Assembly expressed its hope that the general situation would be restored "to reassure peace and stability and to resume normal life in the country." Lebanon has witnessed recent mass demonstrations, which extended to many areas from north to south, while demonstrators called for the continuation of protests on Sunday.

One of the coordinating committees for demonstrations in Beirut issued a statement confirming the continuation of the protests until the overthrow of the government and the fulfillment of the demands, stressing its rejection of the reforms presented by the Lebanese Minister of Finance.

The Lokhi group demanded the speedy formation of a mini-salvation government, with independent specialists not affiliated with the ruling system, to adopt early parliamentary elections, based on a fair electoral law that guarantees the validity of electoral representation.   LINK

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Maw33326:  Here is where I think the IMF is preparing the world to end paper fiat currencies and go all digital currency and not just any digital currency, asset backed digital currency-currencies in my opinion, this will take time, but after all the articles not only from Iraq, but worldwide about cashless societies it only makes sence to save the trees and cut out all the paper, save the planet, why let a good crisis go to waste, right Frank? Now before everyone goes all haywire on me, it was just a thought. Dont get all your panties in an uproar over this.  LOL

Samson:  IMF studies climate risk to financial markets

2019/10/20 17:10

The International Monetary Fund is studying the effects of climate on global financial markets and whether it is calculated in market valuations, the head of the International Monetary and Financial Markets Department said. "We are assessing climate risk and how much it calculates prices in the stock and bond markets," said Adrian Adrian. "We will study stock markets in individual countries and then move into sectors."

The financial cost of climate change has been the subject of much discussion within the IMF during this week's autumn meetings. "People are becoming more aware of this issue - there is an urgent need for climate and this is new," Adrian said. "Hopefully people will focus on that, but their focus is driven by concerns." That this becomes a big issue in the IMF is significant. ”

Ardian said the climate posed short-term risks to some economies, such as the Bahamas hit by Hurricane Durian in September. But the risks to most economies are long-term.  Some investors fear that climate risk is undervalued in residential mortgage-backed securities, housing loan portfolios sold to investors, as they are exposed to inflamed climate points such as Texas and Florida.  LINK

Frank26, The MOF, and More Sunday Morning 10-20-19

KTFA:

Samson:   Iraq discusses with the World Bank initiatives that support strengthening the role of the private sector

20th October, 2019

Deputy Prime Minister and Minister of Finance Fuad Hussein, on Sunday, with the World Bank Group CEO, Marzar Hassan in Washington initiatives that support the strengthening of the role of the private sector as an effective economic partner in the revitalization of the Iraqi economy.

A statement issued by the Office of the Deputy Prime Minister and Minister of Finance Fuad Hussein, received by "Economy News" a copy of it, that "the latter met with the World Bank Group CEO, Mr. The role of the private sector as an effective economic partner in revitalizing the Iraqi economy.

"The government has adopted a comprehensive policy of economic reform by laying the foundations for combating red tape, corruption, introducing technology, and using advanced international expertise in building economic sectors in all its activities," the deputy prime minister said.  LINK

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Frank26:  KTFA KONA ................ LAST NIGHT I BROUGHT YOU .......... MINISTER OF FINANCE FOR A REASON.  NOTICE TODAY THE PLETHORA OF ARTICLES ON ............... HIM.
PLEASE ENJOY.  SWEET ALOHA SUNDAY \M/ 

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Samson:  EXIM signs MoU with Iraq

20th October, 2019  Appearing again today
The Export-Import Bank of the United States (EXIM) has entered into a memorandum of understanding (MOU) with the Ministry of Finance of the government of Iraq aimed at rebuilding Iraq and enhancing trade and economic cooperation between the two countries.

The MOU replaces the previous agreement signed in Kuwait in February 2018 and increases the total amount of EXIM financing potentially available under the MOU from $3 billion up to a total of $5 billion.

At EXIM headquarters in Washington this afternoon, EXIM President and Chairman Kimberly A. Reed signed the MOU with Iraqi Deputy Prime Minister and Minister of Finance Dr. Fuad Hussein. The signing also was witnessed by Iraq Ambassador to the United States Fareed Yasseen.

EXIM President and Chairman Kimberly A. Reed said,

“This MOU signals to the marketplace that U.S. companies and their workers in America want to be a part of the rebuilding effort in Iraq.

“We anticipate that the EXIM-backed financing to follow from this agreement will support exporter and supply-chain jobs in multiple industries across the United States and also foster job creation in Iraq.

“Iraq is an important partner to the United States, and we look forward to working together to strengthen the relationship between our two countries.”

Under the MOU, EXIM and Iraq’s Ministry of Finance agreed to identify potential projects in Iraq for procurement of U.S.-produced goods and services. EXIM agreed to explore options for providing the agency’s medium- and long-term loans, guarantees, and export credit insurance to support U.S. exports to Iraq.

For projects that may be eligible for EXIM support, cooperation between the Ministry of Finance and EXIM would be directed towards qualifying such projects for approval by both institutions.  LINK

Samson:  I discussed today in #Washington with Jihad Azour IMF Director of ME & Central Asia Dept, progress of @IraqiGovt fiscal & monetary sectors reforms. @IMFNews pic.twitter.com/otsdIIthub  — Fuad Hussein (@Fuad_Hussein1) October 17, 2019

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Samson:  While in Washington for the @WorldBank annual mtgs, I met #US Treasury Sec Steven Mnuchin. We talked abt Econ& financial matters of mutual interest, recent devlopments in the region& how Turkish military operations in Syria could affect Iraq. @IraqiGovt @USTreasury @USEmbBaghdad pic.twitter.com/WAZ2cpnMpf   — Fuad Hussein (@Fuad_Hussein1) October 16, 2019

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Samson:  Together with my delegation, I met today in #Washington with @FeridBelhaj , @WorldBank VP- ME and NA and his team. We discussed the various projects the WB is undertaking in #Iraq & agreed to adapt new methodologies to expedite implementation. @IraqiGovt pic.twitter.com/5XaqWbhsJe — Fuad Hussein (@Fuad_Hussein1) October 20, 2019

Cleitus:  ..& agreed to adapt new methodologies to EXPEDITE IMPLEMENTATION..."  I love it!

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Samson:  Moazzam Malik General Director of @DFID_UK and I discussed in #Washington DfiD’s ongoing work in #Iraq and how best DfID can assist @IraqiGovt in implementing reforms initiatives & tackle the economic challenges it faces. @UKinIraq pic.twitter.com/t6pSQC06QW  — Fuad Hussein (@Fuad_Hussein1) October 19, 2019

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Samson:  Strengthening cooperation btw #Iraq & IMF was the main topic of my discussions together with the accompanying Iraqi delegation, with Mitsuhiro Furusawa, IMF Deputy Managing Director. @IraqiGovt @IMFNews pic.twitter.com/Qk3i6CK2xd — Fuad Hussein (@Fuad_Hussein1) October 19, 2019

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Samson:  Productive meeting in #Washington with senior officials from Lazard Freres and Deutsche Bank. We discussed how Iraq can benefit from their financial services, in particular to assist in financing infrastructure projects. @IraqiGovt @DeutscheBank @Lazard pic.twitter.com/ARRkESypgN  — Fuad Hussein (@Fuad_Hussein1) October 20, 2019

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Samson:  Fruitful meeting with Stephanie Von Friedeburg Chief Operating Officer @IFC_org . We discussed IFC’s potential support to key infrastructure energy projects in Iraq & enhancing the private sector’s role in achieving growth & eradicating poverty. @IraqiGovt pic.twitter.com/Hpo89wiZpw  — Fuad Hussein (@Fuad_Hussein1) October 17, 2019

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Samson:  I thanked @WorldBank group, @IFC_org & @MIGA for support provided to #Iraq and gave them an update on political & economic developments in the country. We also discussed continuing providing assistance to @IraqiGovt on job creation, SME s, and reform initiatives in general. pic.twitter.com/bCH0rL6Hyk— Fuad Hussein (@Fuad_Hussein1) October 20, 2019

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Samson:  Mark Esperanto, Secretary of Defense, “The ceasefire is holding up very nicely. There are some minor skirmishes that have ended quickly. New areas being resettled with the Kurds.” USA soldiers are not in combat or ceasefire zones. We have secured the Oil. Bringing soldiers home! — Donald J. Trump (@realDonaldTrump) October 20, 2019

Samson:  Sunday:   Commerce announces the readiness of Baghdad International Fair to receive the activities of the 46th session

2019/10/20 16:16

Minister of Commerce Mohammed Al-Ani, complete all technical and administrative procedures for the establishment of the activities of the 46th session of the Baghdad International Fair and receive the guests of Iraq. This came during a tour by Ani, on Sunday, included the pavilions of the exhibition and facilities.

A statement from his office, received (Euphrates News) a copy of it, "Ani confirmed the completion of preparations," indicating that "the exhibition is ready technically and administratively to receive the guests of Iraq from countries and companies that responded to the invitation and decided to participate as well as the preparation and processing of all exhibition halls."

Al-Ani said, "The ministry's keenness to attract international companies and build exhibitions cities in various regions of the country to support the investment sector and establish real partnerships and integration with the sector for the Iraqi private." The Ministry of Commerce announced earlier that the exhibition this year witnessed a variety of paragraphs over the days of the festival, including cultural and art evenings, meetings, conferences and workshops for participating countries and companies.  LINK

Frank26 and KTFA Members "Receipt Please" Saturday Night 10-19-19

KTFA:

Don961:  Sadr: All politicians and government live in horror and hysteria of the popular tide

Politics 2019/10/19 21:43 246    
Baghdad Today - Baghdad

The leader of the Sadrist movement, Muqtada al-Sadr, on Saturday, a statement on the demonstrations scheduled to start on October 25, indicating that all politicians and government living in a state of terror and hysteria of the tide of the public and trying to remedy them.   link

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Frank26:  RECEIPT PLEASE 10-19-19

https://www.youtube.com/watch?v=3gxEwWv2T3I

Frank26:  RECEIPT PLEASE PART 2 - 10/19/19

https://www.youtube.com/watch?v=j1lj2nPdQvg

Don961:  Local official reveals "financial empires" led by politicians and officials in Diyala

Politics 2019/10/19 20:45 204 Editor: amm     
Baghdad today - Diyala

 A local official in the province of Diyala, on Saturday, the existence of "financial empires", led by politicians and officials within the province. "

In recent years, Diyala has seen the birth of a huge (financial empire), led by politicians and officials who have become overnight billionaires and have great financial capabilities," said Adnan al-Tamimi, head of the Muqdadiya district council, 40 kilometers northeast of Baquba. very".

"The owners of these empires have formed complex systems in the search for money to the extent that they have become partners in all activities and contracting," Tamimi said, pointing out that "the extraordinary wealth of some officials raises a thousand question marks in the absence of a law (where you get this)."

He pointed to the need to "investigate the richness of officials and politicians and to show how they have acquired real estate and large land, although their government income is defined by salaries known to the far and near," pointing to the "lack of government control has increased the wealth of some politicians and officials unprecedented in recent years."     link

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Samson:  Expectations to return Iraq under Article VII after its removal from the Human Rights Council

19th October, 2019
Legal expert Ali al-Tamimi expected on Friday to return Iraq under Chapter VII after being removed from the United Nations Human Rights Council because of the killing of demonstrators and the suppression of protests and the implementation of arrests without warrants.

Al-Tamimi said today that the Human Rights Council is composed of 47 countries and is linked to the United Nations General Assembly. It follows the human rights in the world. As a result of the abuse of power, the General Assembly has the right to refer the matter to the Security Council for action.

He added that Iraq came out of Chapter VII by resolution 2390 of 2017 and has been converted to Chapter VI to resolve problems with Kuwait, and with these violations due to the demonstration, it is considered a violation of human rights and therefore the Security Council may decide to return Iraq to Chapter VII or original international and threatening peace and human security.

On Thursday, Iraq lost its membership in the UN Human Rights Council in the four-seat Asian Group competition to Japan, South Korea, Indonesia and the Marshall Islands.    LINK

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Don961:  Iraqi Foreign Ministry: We will renew our membership in the Human Rights Council in the future

by vBulletin® by Ali EjamIraq News11 Hours ago

Baghdad - “Liberation squares”

Foreign Ministry spokesman said Ahmad al-Sahaf said his ministry would renew Iraq's membership of the Human Rights Council in the future after losing it a few days ago.

`` Iraq is currently a member of the Human Rights Council of the United Nations General Assembly from 2017 to the end of 2019, and we have had an active positive role in it, and we worked hard to keep the Council's resolutions and actions from politicization, '' the journalist said in a statement.

Al-Sahaf justified the failure of Iraq by saying that "as far as the Ministry of Foreign Affairs is concerned with mobilizing international support to vote for the renewal of Iraq's membership in the Council for another two years, we would like to assure everyone that the Ministry has actively sought to obtain this support, and has made great efforts until the last hours, has succeeded in Obtained promises from 130 countries, including permanent members of the Security Council; and actually won 121 votes, a difference of two votes on qualification, but some of these countries did not keep their promises, and refrained from voting in our favor; because of Iraq's initial positions at the regional and international levels.

 Its hard about some political events, and security, which seems to be what they are compatible with the orientations of some countries' policies, did not vote for us. "   link

KTFA Members "News and Views" Saturday AM 10-19-19

KTFA:

Samson:    US Secretary of Defense heads to the Middle East .. and likely to visit Baghdad

2019/10/18 22:05 

US Defense Secretary Mark Esper said he would travel to the Middle East on Saturday to learn about the latest developments in the region.

"Tomorrow I will go to the Middle East to visit our forces and international partners, and to take stock of the latest developments in other important operations in the region. Our campaign against ISIS."

"I look forward to meeting with my Turkish counterpart and other counterparts in Brussels to strengthen the importance of ensuring a lasting political solution to the situation in Syria," Isber said. LINK

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Don961:  Iraqi Finance Minister succeeds in raising the amount of US funding for the reconstruction of liberated areas to $ 5 billion

Washington:

The US Export-Import Bank (EXIM) signed on Thursday a memorandum of understanding with the Iraqi Ministry of Finance, focusing on the reconstruction of liberated areas and the promotion of trade and economic cooperation between the two countries.

Memorandum signed by the Iraqi side Deputy Prime Minister and Minister of Finance d. Fouad Hussein, the result of extensive efforts because the Iraqi official has close relations and understandings with decision-making centers in Washington, will lead to increase the total amount of funding from the Export-Import Bank of America from three billion dollars to a total of five billion.

The US Embassy in Baghdad commented, “We are proud to partner in areas that will promote job creation in Iraq and strengthen the relationship between our two countries.”  link

Iggy: imo...i find the historical exchange rate interesting to study...major changes can be seen easily along with the months and years the changes started...looks like rates seem to fluctuate drastically the month before both revaluing and devaluing in the past... 

https://fxtop.com/en/historical-exchange-rates.php?A=1&C1=USD&C2=IQD&DD1=01&MM1=01&YYYY1=1953&B=1&P=&I=1&DD2=01&MM2=02&YYYY2=2019&btnOK=Go%21

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OldDaddy:  Raise the rate Iraq and turn the consumers loose to boost the economy. Trump is going to insist on this because he and they both know, keeping the citizens suppressed economically is working against growing the economy.

The die-hard pro Iranians in the GOI better awaken to the reality of the situation. Consumer spending through the raising their buying power is the key to unleash the economy because oil revenue although critical will not get er' done because the demand for oil is down, which is the driver of the price of a barrel of oil.  While it is true there is much untapped potential to increase the production what good will it be measuring cost and effect if the demand and prices fall to the point producing more oil and gas will not be feasible?

Also, if Iraq cares more about growing their economy than their allegiance to Iran and the religion of Shiite Islam, then this is a part of the solution. Foreign investment is poised but not at 1190. Look for Trump to make major moves to boost the economy of Iraq and they know he can because of what he has done to the American economy, so the example is there for them to digest. 

Trump has boosted to 8 billion aid to Iraq and this is key to bolster his voice about the Iraqi economy and his threat to put sanctions is his way IMO of calling out the pro-Iranian forces in the GOI the citizens are acknowledging they know is holding back the progress of growing the Iraqi economy. 

 Iran for the first time is experiencing much difficulty in controlling the flow of capital into their coffers and this is their effort to gain back control using Mahdi as their vehicle or their voice.

Recall, the current GOI was to be a temporary setup for a year but the GOI doesn't want to give up their positions of power. so the result will IMO end with them succumbing to the citizen's demand or else they will be thrown out of government with protest that can and most likely turn to violence if they resist the people, which is a much younger generation of Iraqi's.

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Don961:  Conspiracy… Address of some partners of the political process in Iraq

- One Minute Has Passed

Iraqi Prime Minister Adel Abdul Mahdi was an opportunity to restore his internal and external conditions to a political system based on sectarian and national quotas, which is one of the fundamental dilemmas. This quota, in turn, established the so-called partners of the political process in Iraq. , That some of them offer special interests partisan and sectarian and nationalism at the expense of the Iraqi state, instead of being a national way to help him in the success of his national reform project, they accepted themselves to be a tool to conspire against him, and his project aimed at ridding Iraq of crises Multi-dimensional.

We do not reveal a secret when we say that among the partners of the political process in Iraq, those who have the ambition to become prime minister of Iraq, and the stock exchange of candidates is crammed with names, and the embassies of regional and international countries operating in Iraq send messages to reassure those who are to be counted in the political process in Iraq, that he is Candidate for Prime Minister !! However, the aspirants of that position may have lost sight of. The direct result of the fall or fall of Adel Abdul Mahdi's government is the collapse of the entire Iraqi political system.

Constitutionally, the post of prime minister is a constitutional entitlement. A political person who receives “half +1” of members of the Iraqi Council of Representatives can form the Iraqi government, but politically according to the political custom that Iraq is used to in post-2003, there are several considerations Political and religious considerations in the selection of the Prime Minister of Iraq, including: the approval of the highest religious authority in Najaf on that choice, and Ali Khamenei, the guide of the Iranian revolution, and the United States of America.

After the US withdrawal from Syria, the Trump administration will focus on Iraq, which means that if an Iraqi political figure is chosen to serve as prime minister without the approval of the US administration, this will have economic and military-security consequences that Iraq cannot afford, economically: The administration of US President Donald Trump, through the US Treasury Department, has imposed harsh multilateral measures. For example, all Iraqi money will be subject to prosecution. It is now protected by presidential decree based on the Iraq-US security agreement. The case of cancellation will reopen the file of compensation, as well as accusations of Iraq of supporting terrorism, and losses of US companies before 2003, and will book the Iraqi money until the resolution of lawsuits.

Not to mention the suspension of sending the dollar currency to Iraq, which will stop many of the obligations, and stop the work of the financial system “DFI” and stop the flow of $ 16 billion, which leads to a financial deficit in Iraq prevents him from paying the salaries of his employees, especially employees of embassies abroad and at home means “bankruptcy of the state” Iraq will be in a state of complete paralysis, similar to the days of the siege of the 1990s, with little difference.

Taking such a step is playing with fire, undue risk, and in the context of stressing Iraq. Concerning his positions on the PKK Tani Turkish and "intentionally" may instruct Washington to Turkey to stop his water supply, and will ask its allies from the Arab countries to tighten economic and political stranglehold on Iraq.

Militarily, the United States and its allies from the International Coalition and NATO have withdrawn their forces from Iraq irreversibly.These forces, especially the air force, have played a prominent role in eliminating ISIS, which may return to its terrorist activity and threaten Iraq's security and stability.

The political class of all spectrums in Iraq must realize that the selection mechanism of the Iraqi Prime Minister is very sensitive for the United States of America, which is chosen in the context of the great game at the regional level, and not at the very, very simple level, as in meetings. Babylon Hotel ”in Baghdad, or meetings of elders and gentlemen, it is a bigger game than you think and think!

The political class in Iraq should stand with the prime minister of Iraq, Adel Abdul Mahdi, and not depend on the narrow interests represented by some parties and militias, it was not acceptable to some or most of that class left reformist warrior Adel Abdul Mahdi to face protests alone, As if the tongue says "face your fate yourself," not to mention the negative attitudes that have been issued by some of them.

Iraq and its people, who have the fourth largest oil reserves in the world, and the people of the majority of them are young people, are not entitled to suffer from the fires of unemployment, and a large part of it lives below the poverty line.

At this moment, Iraq is looking for itself and its future, and the failure of reform and promises will pave the way for the collapse of the Iraqi political system.

Iraq is at a crossroads between a political system that has lost the state project, and a society and a younger generation that can no longer wait. It seeks to reformulate the Iraqi state project on new foundations, taking into account the achievement of a prosperous and democratic Iraq.

Iraqi Studies Unit 
Links Center for Research and Strategic Studies   LINK

JAY:  This truly is a grrrrrreat article. UUUUUUUUUGE....!!! I ALLLL imo.

TRUMP IS FED UP....... Allllll Imo.  DON. Thank you for this.

The art of the deal is beautiful. Trump always does things with a PURPOSE. <--- sound familiar???

His news of no more forever wars was IMO to set up for this press release above. To put in motion ^^^ THIS press release's. Its intended actions. BRILLIANT. Now DJT can FOCUS ALL his intentions on IRAQ's RI. imo.

This is one of the biggest articles we have seen that tells us what DJT's plan and ((( NEXT ))) course of action(s) will be with Iraq/ AGAINST Iraq if they do not pull this thing over the finish line. 

I was just saying to Doodles 4 or 5 days ago that if Iraq keeps sand bagging they (Iraq) are going to make Trump mad and he will impose sanctions on THEM. Like Frank said, iho a few months ago. Well NOW we have it in ink that DJT is close to doing just that .imo  

W A T C H    W H A T    T H E Y   D O. Not what they say. This just makes what Frank and Teams are showing us THAT MUCH better. 

Doodlebug:  WOW, great article here. Not going to send USD? hahaha what would the CBI have to auction off then? Is DJT threatening Iraq to stop the auctions? WOW WOW... DJT telling the world "handle your own stuff" while I focus ALL MY ATTENTION on Iraq! Nice. Thanks Don, you just made my morning!

GodsServant:  DB, Dialed in again you are, did DJT just release the hounds? Use your own money Iraq!!!

Don961:  Draining the swamp of corruption in Iraq

- Two Hours Have Passed

Violent protests in Iraq's largest city have killed more than 100 people and injured thousands, and may lead to the collapse of the government, according to writer Frank Gunter in an article published by the site "Hill" close to Congress, although the motive of these protests were widespread unemployment Large-scale youth, lack of public services and widespread corruption But the most popular solution to prosecuting more corrupt officials may fail to improve the situation.

The Hill: What is needed is not a drama of suspending officials on lampposts but by reducing Iraq's incomprehensible hostility to the private sector and draining the quagmire of corruption

What is needed, Guntier adds, is not a drama of hanging officials on lampposts, but by reducing Iraq's incomprehensible hostility to the private sector and draining the quagmire of corruption. Anti-corruption initiatives, to the extent that any new official appointed to replace the former official accused of corruption will eventually become corrupt.

What is needed is anti-corruption measures that are not only effective, but can be effectively observed, he said, noting that failure to curb corruption and reduce youth unemployment in the country.

It is estimated that about 80 percent of urban youth are looking for a job. In the words of the writer, drive through the streets of Baghdad at midday on any day to see groups of young men hanging out without work.

When the oil prices were high, the Iraqi government was able to create a large number of government jobs, but lower oil prices meant that the Iraqi government could no longer provide enough jobs. He suffers from a severe hostility.

According to the World Bank, Iraq's work environment in 2018 ranked 171 out of 190 countries surveyed, and operating a business legally is complex, expensive and time-consuming.

What can be done? The writer suggests that Iraq adopts uncomplicated business regulations that facilitate the way for the establishment of new private projects, pointing out that this may contribute to solving the problem of unemployment and the elimination of corruption. Only 4 days in other Arab countries.

Arab Jerusalem   link

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Samson:  Expectations to return Iraq under Article VII after its removal from the Human Rights Council

19th October, 2019
Legal expert Ali al-Tamimi expected on Friday to return Iraq under Chapter VII after being removed from the United Nations Human Rights Council because of the killing of demonstrators and the suppression of protests and the implementation of arrests without warrants.

Al-Tamimi said today that the Human Rights Council is composed of 47 countries and is linked to the United Nations General Assembly. It follows the human rights in the world. As a result of the abuse of power, the General Assembly has the right to refer the matter to the Security Council for action.

He added that Iraq came out of Chapter VII by resolution 2390 of 2017 and has been converted to Chapter VI to resolve problems with Kuwait, and with these violations due to the demonstration, it is considered a violation of human rights and therefore the Security Council may decide to return Iraq to Chapter VII or original international and threatening peace and human security.

On Thursday, Iraq lost its membership in the UN Human Rights Council in the four-seat Asian Group competition to Japan, South Korea, Indonesia and the Marshall Islands.  LINK

Bix Weir, Frank26, KTFA and Jim Willie Friday Night 10-18-19

Bix Weir: 

ALERT: Friday Road Trip Delayed by NEW Fed Conspiracy!!

RoadtoRoota:  Oct 18, 2019

You can't make this up! Both the Federal Reserve data webpages that release data on Repos and QE4 are DOWN!!

Right when I was going to do my Friday Road Trip and use those two pages to point out a new Fed Conspiracy!

Trip will be posted as soon as the site is back up...along with analysis if there's any "changing numbers!"

https://youtu.be/3sF3ZXirBbc?t=5

KTFA:

Frank26:  WHO’S YOUR DADDY ? 10-18-19

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

Rich4hyip:   I dont think the CBI would send the receipt out to private banks notifying them about the arriving of new currency and only do it the next year, which doesn’t make sense to me. I remember Frank said the protesting has no influence on the timing of RI.  Riots  mainly about corruption ,mismanagement etc. imo.  

DELTA:  I APPROVE THIS MSG...

Frank26:  SO DO .......................... FRANK26 ...........ROTFL

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Samson:  Warnings of the collapse of the Iraqi economy in the 2020 budget

18th October, 2019
The parliamentary Finance Committee warned on Friday of the collapse of the Iraqi economy as a result of the wrong policies in the country, noting that the budget deficit in 2020 if it reaches 40%, the economy will be in a state of collapse.

Committee member Naji Redis said in a statement to the information, that "the investment budget for Iraq go to oil and electricity companies and payment of gas debts and the development of regions to provide services and infrastructure of the provinces, and therefore that Iraq since 2004 and to this day did not support any production line."

He added that "the government has provided only 500 billion dinars to support the large port of Faw to be completed, and this confirms that the state is dead clinically and can not make any serious steps other than promises."

He explained that "the price of a barrel of oil in the budget of 2020 will be calculated according to future estimates by providing economists their vision in this regard after several visits and meetings in various countries around the world on the economic situation, where the future price of a barrel is estimated at 50 dollars at a time when Iraq's oil exports do not exceed 3 million and 800 Thousand barrels. ”

And that "the fiscal deficit in the budget in the event of exceeding 40%, the Iraqi economy is in a state of collapse, it will also collapse in the case of internal debt reached 60% of the budget."   LINK

Don961:  The United States increases funding to Iraq

 Direct: The State of Iraq signed a memorandum of understanding worth $ 5 billion with the United States, to create jobs .

The adviser to the Prime Minister, Abdul Hussein al-Hanin, said on Friday that his country has signed with the United States a memorandum of understanding of $ 5 billion, explaining that the agreement was made between the Ministry of Finance and the Export-Import Bank of America "EXIM" , according to the Iraqi news agency "conscious ".

The recent agreement will increase the total amount of financing from the Export-Import Bank of America from three billion dollars to five billion dollars, he said .

He continued, that the agreement reflects the partnership in areas that will create jobs in Iraq and strengthen the relationship between the two countries .   link

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Samson” Iraqi government approves third package of demonstrators' requests

Iraq

 18 October 2019 10:29 PM

Direct: Official documents showed the government issued a number of decisions representing the third package of actions and recommendations related to the demands of the demonstrators .

According to documents published by the Iraqi News Agency "conscious", on Friday, that the decisions include reducing the retirement age and granting salaries to the unemployed .   link

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They Must Go to INFINITE QE or The System BREAKS -- Jim Willie

Oct 17, 2019

https://youtu.be/F6eBrPb336g?t=6

Bluwolf, KTFA, Max Keiser and Bix Weir Friday Afternoon 10-18-19

From Bluwolf, sent to Recaps

Mind Games

See let me explain something. When people have been chosen as we all to lead and make changes for the common good the devil tries to meddle in our minds and bodies he tries to hurt us bad.

He creates a lot of negative scenarios so that you might grow mentally weak and doubtful. In my case he has made me go rock bottom in my finances, he has tried to attack my health, my relationship with my love ones. But you know what I laugh because I serve a awesome God and He takes good care of me, in fact He lets me know the devils next trick.

When he hits you with finance all that means is that you are in the verge to abundant property, when he tries to attack your health that means that you are more than healthy. When he tries to take away your home, that means that God is giving you a better one.

When he tries to destroy your car or boat,  that means that the Archangels of God will be all around you protecting you from any harm whatsoever.

You need not be afraid but you do need to request confirming prayer because the Lord likes that and He loves to answer upon our requests.

So my thoughts since I have been attacked by these e thoughts early this morning all that tells me that my abundance and my blessings will be given to me shortly sometime during today, it finally confirms me in the Spirit that my worries and my future are as of now have been taken care of and trust me there isn't a better heavenly feeling than that.

Na'mastes Bluwolf 10.18.19

Not Even a Quarter But Never Alone

I haven't a quarter to my name saids me the piper. Laugh at me you all if that is your wish. For tonight I will lay both lonely and humanly alone, cold without a blanket, hungry and thirsty to. But as I lay under the light of the moon I do not worry nor do I cry for the Spirit of God cometh to me every night and comfort me with food and water, with His wings He eliminates the cold and with His voice He accompanies me and I do not never feel lonely nor never alone. For the Father from Heaven never leaves me nor abandons me. aut. Bluwolf

KTFA:

Samson:  The next G7 summit will be held at the Trump Golf Resort in Florida

2019/10/17 22:44 

US President Donald Trump will host the upcoming economic summit of G7 leaders next year at one of his property properties, the Trump National Doral Golf Resort near Miami, a White House official said on Thursday.

Trump will not profit from the use of the drug (sp), he said, defending the decision, which comes as the president faces constant criticism and congressional investigations into his finances and a potential conflict of interest. Mulvani told reporters that the summit would be held at Doral from June 10 to 12, 2020, and that the administration had chosen the Trump resort after initially studying about a dozen possible locations in several other US states.

The official added: "Doral is the best facility for this meeting, it seems as if they built this facility to host this event," explaining that the use of the Trump site to host the summit of the Group of Seven will save millions of dollars because it is cheaper than other potential sites. Trump says he is not involved in running the day-to-day operations of his own company and that his sons are running the business.    LINK

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Samson:  The European Union approves the appointment of Christine Lagarde as head of the central bank

18th October, 2019

European Union leaders on Friday approved the appointment of Christine Lagarde, former head of the International Monetary Fund, as president of the European Central Bank

Lagarde is set to take over from Mario Draghi from November 1

The decision to appoint Lagarde as president of the European Central Bank (ECB) for eight years is non-renewable, after European leaders nominated her for the post. on July 2

Lagarde, France's former finance minister, served as director of the International Monetary Fund (IMF) in 2011 before being elected to the presidency of the European Central Bank   LINK

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amson: China's economy is growing at the slowest pace since 1992

18th October, 2019

China's economy continued to slow during the third quarter of this year, and recorded the slowest pace growth in 27 and a half years, as the trade war with the United States is still putting pressure on the world's second largest economy

China's gross domestic product (GDP) rose nearly 6 percent year-on-year in the July-September period, the lowest level since the first quarter of 1992 and 6.2 percent in the second quarter, data from the National Statistics Authority showed on Friday

Analysts had expected economic growth within the world's second-largest economy to hit 6.1 percent in the third quarter of 2019

China aims to record economic growth this year at 6 percent to 6.5 percent

Construction activity growth slowed to 4.7 percent in the three months to September, year on year, from 5.5 percent in the second quarter

China's industrial production increased by 5.8 percent in September, against expectations of a 5 percent rise, the data showed

Retail sales rose 8.2 percent in the first three quarters of 2019, while rising by 7.8 percent last month alone

Fixed asset investment from January to September rose 5.4 percent, the same as analysts had expected

By 6:25 am GMT, the yuan was steady against the dollar at 7.0794 yuan   LINK

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TNT:

Believer 2:   Choose the positive. You have choice, you are master of your attitude, choose the positive, the constructive. Optimism is a faith that leads to success.”

Keiser Report: GOLD: The Trust Anchor for Financial System (E1450)

Oct 17, 2019

In this episode of the Keiser Report, Max and Stacy discuss the recent report from the Dutch National Bank explaining why it holds 615 tons of gold which the bank considers the ‘trust anchor for the financial system.’ This statement and others in the report could be yet another sign of the end of fiat. In the second half, Max interviews Michael Pento of PentoPort.com about the repo markets, gold, QE4, and more.

https://youtu.be/uen1wucKzuA?t=3

SILVER!! JP Morgan Reports Record Earnings...on Eve of Destruction!! (Bix Weir)

RoadtoRoota:  Oct 18, 2019

As RICO charges hover over JP Morgan and a serious threat of losing their banking license...Jamie Dimon sees a bright future for their business!! Who says "Crime Doesn't Pay?!"

https://youtu.be/B-011diGKYE?t=2

KTFA Members "News and Views" Thursday Afternoon 10-17-19

KTFA: 

Samson: Oil prices are falling due to signs of a significant increase in US inventories
17th October, 2019

Oil prices fell 1 percent on Thursday after sector data showed a larger-than-expected rise in US crude inventories, although losses were curbed by comments by US Treasury Secretary Stephen Mnuchin on a US-China trade deal

Brent crude futures were down 57 cents, or 1 percent, at $ 58.85 a barrel by 0629 GMT

US West Texas Intermediate (WTI) crude futures were down 56 cents, or 1 percent, at $ 52.80 a barrel

US crude oil inventories rose 10.5 million barrels to 432.5 million barrels in the week ending October 11, according to the weekly report of the American Petroleum Institute, published ahead of official inventory data due on Thursday

Analysts estimate US oil inventories rose by 2.8 million barrels last week

This comes amid concerns about the global economy and thus the demand for oil, while data from the United States revealed that retail sales fell for the first time in seven months in September. This follows earlier data that revealed modest job growth and service sector activities

But hopes of a possible trade deal between the United States and China have helped reduce the drop in oil prices after Mnuchin said US and Chinese trade negotiators were working on the text of the first phase of a trade deal for the two heads of state to sign next month   LINK

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Samson:  Brexit: Britain, EU reach agreement

2019/10/17 13:53

The European Union and the UK negotiating teams reached an agreement to leave Britain before the European leaders' meeting in Brussels.

"We have reached a great agreement to regain control," Prime Minister Boris Johnson said in a tweet. European Commission President Jean-Claude Juncker said in a tweet that "if there is a will, there will be an agreement, and we have a fair and balanced agreement." Both sides were revising the legal text of the agreement, but it still needs approval by the British and European parliaments.

The DUP questioned the agreement, saying it could not support it. The Northern Ireland Party issued a statement earlier in which it said it could not support the agreement, "in its current state," adding after Johnson's announcement that the statement was still in place.  LINK

Samson:  Britain and EU reach new Brexit deal

17th October, 2019

The British Prime Minister and the President of the European Commission announced that they have reached a new agreement on Brexit

In a tweet on the social networking site "Twitter" Johnson said on Thursday: "We have reached a new agreement on the Brexit, to regain control of things

He added: "Now parliament must complete the Brexit on Saturday so that we can move to other priorities such as the cost of living and national health services and crimes of violence and our environment

"When there is a will, there is an agreement, and now we have an agreement," Jean-Clon Juncker said

Juncker described the agreement as fair and balanced, for both the EU and the UK, and “testifies to our pledges to find solutions

Britain is due to leave the European Union on October 31  LINK

ChrisC: Better sell your euros.  Won't be long until they are a collector's item.  With England gone the rest will collapse soon, IMO.

Mr.Harfax:  I'll be surprised if Germany doesn't pull pin next.  Never understood why these two countries opted for this deal in the first place.  Globalism is a fantastic concept for developing countries but how could they not realize it would come at the expense of what they had already developed?

ChrisC:  I am by no means an EU expert, but it may be like that game Jenga where you pull out one critical piece and it all collapses.  Greece, Italy and Spain already wanted out so that will be easy.  As I saw it Germany was the one that was somehow benefiting from these other less productive members staying.  It was an absurd idea in the first place centered around destroying national identity, religion and race.  I listened to one of the main individuals responsible for the formation of the EU give a talk.  I can't remember his name, only that he was Australian.  He said the man of the Europe's future would be a mongrel of all races, he would have no regional identity and there would be no specific religion associated with him.  I knew eventually it would collapse.  You can't have one group pulling and the other group riding.  Makes the pulling team get testy after awhile.

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TIM:  Something that has been in the back of my mind since the news of new demostrations  on the 25th of this month.

IMO we are  closer to our speculative investment ending. why do i say that?  because imo the central bank of iraq is going to save this country from demise and destruction. like frank has told us over and over again this must not fail with the citizens.

Well imo if they dont get this done before the 25th they have failed the citizens, and all that trust from the citizens to the cbi will be the demise to the cbi imo of course.  

All those years of putting this project together and now this project nearing its completion has got to tell you imo that the cbi is NOT going to fail the citizens.

They promised purchasing power to the citizens and what else comes along with this purchasing power? imo thousands of job openings.

The cbi knows this imo, and they are the ones that imo are going to save this country from mayhem to finally prosper, and imo have to get this done by the 25th of this month.

Because imo, if they dont, im putting away my dinars once again, because imo when will be the next opportunity? my guess a very long time. have a blessed day everyone. lets get this done. 

 IMO THE CBI WILL NOT FAIL ITS CITIZENS 

Mr.Harfax:  Tim, I tend to agree but IMO I think this goes beyond the borders of Iraq.  I don't believe in coincidences and find it hard to believe the timing of Brexit, China/US, the situation with the Fed Bail outs, the release of CNN corruption, the upcoming FISA, etc. all coming together at the same time as the Iraq deal is just a matter of great timing.  While Iraq no doubt needs to succeed with their citizens the timing also needs to work with the world.  IMO

GodLover:  I completely agree that if the CBI does not comply, the riots on the 25th will be a huge disaster imo.  The thing I am looking for now is the passing of the budget.....hopefully! The article claimed that it will pass easily when voted on.....however the lies flow like water over there imo.

LoneStarCowboy: I agree with you both. If I may interject my opinion, Frank has expressed "Timing", emphatically! Whose timing? Iraq's? Or could it be President Trump's and the UST's?

The CBI is doing an excellent job of showing examples of the New LDs via other countries changing of currencies that will mirror Iraq's LDs.

As Walkingstick has stated, in his opinion, Iraq is having to educate the citizens on a 2nd Grade Level, Show and Tell.

Look at these countries' LDs, this is what yours will look like. Oh, and they will coexist with those notes they are replacing, for a time.

Next, in my Cowboy opinion, the CBI will show the citizens the pictures of the LDs, in-depth description of all the security features, how to use them, etc...on a 2nd Grade Level. How do you teach on a 2nd Grade Level? Repetition! In Iraq's case, massive repetition utilizing every source imaginable, with the caveat to come into the banks, in the not so distant future, to receive their new reality of a new currency, coupled with a new stronger purchasing power.

I have asked myself if I were an Iraqi citizen what would I do? Well, I would be like "Lawrence of Arabia" riding my horse as fast as I could, to ride into my new reality, my new future and a new life.

All in my humble Cowboy opinion. But hey, maybe this old dusty cowboy hat is just to tight and has slanted my opinion.

I am excited to hear what Frank's opinion on this.   Smiles to ya, LSC

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Mr.Harfax:  The following is of course in my opinion. These are my thoughts and my thoughts alone.

Earlier this week Frank asked if anyone would like to bet on his 7 to 11 prediction. Strangely, no one jumped at his offer. Given the current window and the slow release of information on the LDs I have this strong gut feeling Iraq are further ahead than in the process than we (i.e. the general public) are meant to know at this time. I accept we will know when it’s our time but

The TIMING of yesterday’s discussion on Belarus sent up flags for me. Why drill this point home with such enthusiasm? It could be a coincidence, or it could be done with a purpose (i.e. convey in-depth knowledge without discussing the actual event); and

Yesterday we contacted our Dinar dealer in the North (i.e. North of the US) and for the first time in this CAN kicking process we were put on a waiting list to buy as they were sold out. This has never been an issue (even in the recent past). Once again it could just be a coincidence.

Of course, my gut could just be unsettled from too many cookies but cookies have never been a problem for my gut.

Samson: For the second day in a row, demonstrators block the Kirkuk-Erbil road in full

17th October, 2019
A local source in the province of Kirkuk, Thursday, cut off the road linking with Erbil completely by demonstrators.

The source told the reporter / information / that "for the second day cut demonstrators Kirkuk-Erbil road against the attempt to hand over the headquarters of the headquarters of the joint operations in Kirkuk to the Kurdistan Democratic Party in full."

"The police chief threatened to open the road by force," the source said, speaking on condition of anonymity.

A number of demonstrators on Wednesday protested against the attempt to hand over the headquarters of joint operations to the Kurdistan Democratic Party.  LINK

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Iggy:  Oct 17 (Reuters) - Maryland Congressman Elijah Cummings, the Democratic chairman of the U.S. House Oversight and Reform Committee, has died aged 68, his office said on Thursday.

https://www.aol.com/article/news/2019/10/17/maryland-congressman-elijah-cummings-chair-of-us-house-oversight-committee-has-died/23839970/

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Samson:  Washington Post: Stability in Iraq is an urgent necessity for the global oil market

16th October, 2019

The Iraqi oil industry is the lifeblood of the government and an important entry point in the global supply chain, so any disruptions caused by the unrest could have a continuing impact on the wider market. The port of Basra exported 3.5 million barrels of oil per day last September, according to the accounts of «Tanker Trackers.com» (TankerTrackers.com), which represents 90% of Iraq's total oil exports. 

(Iraq is the second largest oil producer in the Organization of Petroleum Exporting Countries, known as OPEC). These exports alone generate nearly $ 213 million each day to Iraq, according to Tankers Trackers, without which the government would not be able to function.

Heavy oil is particularly valuable in the current market and is an important source of crude oil for China, India, the Netherlands, South Korea and Venezuela. In the United States, heavy crude from Iraq helps offset the loss of imports from Venezuela, which US refineries have stopped importing because of sanctions against Caracas. 

Iraq is also an important source of petroleum products, many of which are produced in Basra's refineries. Iraq's role in the refined oil market is now more important, with Saudi Arabia's ability to produce petroleum products weak after last month's attacks. 

In fact, Saudi Arabia is currently importing Iraqi petroleum products to fill the gaps left by the attacks on oil facilities.

In the oil market, which has just lost the protection of Saudi Arabia from excess capacity, disrupting Iraqi oil production for any period of time could pressure prices. Iraq is not Saudi Arabia, and has no alternative solutions and spare capacity within its regime, to compensate for interruptions caused by sabotage or unrest. 

Traders and market observers should closely follow Iraq and the evolving situation there in the coming period. Any protests could easily and quickly affect Iraq's oil supplies, and thus pose a greater long-term threat to global supplies.    LINK

BillA:  Can you say Cha-ching US pressure to go along with Citizen pressure. Price of Oil is on the drop because of US reserves being put in play.

KTFA Members "News and Views" Wednesday PM 10-16-19

KTFA:

Samson:  IMF expects significant growth for Iraq

16th October, 2019

The International Monetary Fund (IMF) raised the growth forecast for Iraq, while reducing it to Saudi Arabia, Iran, Qatar and Kuwait.

The IMF said in its new World Economic Outlook that growth in Iraq, the region's second-largest oil exporter after Saudi Arabia, is expected to pick up after its economy contracted by 0.6 percent last year.

The IMF lowered its growth forecast for Saudi Arabia and Iran, the two largest economies in the Middle East, on the back of US sanctions, regional tensions and falling oil prices.  LINK

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ChrisC:  I don't know what the end result of this is really going to be, I have given my opinion, but I wanted to alert everyone that last night the banks required over 200 BILLION to settle their books. 

This amount is jumping massively nearly every night.  I don't know how long it can go on before SOMETHING happens, nor do I know what that something will be for sure. 

We know what it was last time and what effect that had, indications are this time it will be worse.

Rommy:  What we do know is what happened in 2008, and we tax payers were used to bail them out without our permission.  To forget about this and what has transpired since, IMO is a mistake. 

MrHarfax:  What are your thoughts on the big 4 using the Dinar RI as an instigator to help rectify a market place which no longer makes conventional sense?

ChrisC:  I think, if the funds aren't stolen right away by the banks, and the money is allowed to gain some velocity, then it is the solution to the world's problems.  I heard a quote the other day and it was to the effect, "the problem is not that there is not enough money in the world, but rather that only a select group has it".  These kind of funds released at the lowest level, would snap back a wilted plant rather fast I believe.  However, if the banks have a "bail in" as I have been warning about, everybody's smile is going to get wiped right off their face.  I have offered two good videos to the admins that may help everyone understand the position we are actually in and hopefully they will put them out for everyone to learn from.  It is a precarious position to be in for sure.

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Laf1954: A chart NOT to love!  Just sharing, folks!

Don961:  Sadr calls for a march of millions of crowds to Karbala and fixes cheers on 40th day

2019 - 10 - 15

The leader of the Sadrist movement Muqtada al-Sadr, on Tuesday, the Iraqis to march millions of crowds to the province of Karbala, while stressing the need to conclude with a shout: "Free Baghdad, free, corrupt, see his righteousness."

Sadr said in a statement, "Iraqis (walking) to the kiss of free revolutionaries will see the crowds million organized and the eye of God is the sponsors .. Walk the people of Iraq .. Walk the army of the Imam .. Walk O the father of corruption .. Walk in your shrouds lifting your Iraq ”.

Sadr called for "cheering for the day of forty in the capital of the reformation Husseini (Karbala) with one voice: No both America .. No both Israel .. No, no, corrupt."

He pointed to the "need to conclude the visit with a shout: Free Baghdad, free, corrupt briefed Libra," noting that "Karbala secretariat in your necks."  LINK

Don961:  referred to in Monday's UB2B ...

 Iraqi Dinar revaluation postponed by Central Bank for 5 years says MP Noura al-Bajari

 Oct 29, 2014, 11:54 pm 

A member of the Parliamentary Economic and Investment Commission, MP Noura al-Bajari.

Baghdad (IraqiNews.com) A member of the Parliamentary Economic and Investment Commission, MP Noura al-Bajari, confirmed on Wednesday that the initiative to revalue and delete zeros from the Iraqi Dinar is ready for implementation by the Central Bank although it will be delayed by five years given the political and security situation of Iraq.

In an interview with IraqiNews.com al-Bajari said “The policy to delete zeros from the Iraqi currency is ready to be executed by the Central Bank, however, its implementation will be delayed by 5 years on the basis of the extreme security and political situation of the country.”

Al-Bajari said that the head of the Central Bank of Iraq had previously said that this policy from parliament was accepted and that the zeros will be deleted from the Iraqi currency in the next 5 years. link

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Samson:  Documents .. 61 general managers are relieved of their post

2019/10/16 8:28

Documents issued by the Council of Ministers, relieved 61 general directors from their posts in the departments of the state.

The documents, which were signed by the Secretary General of the Council Hamid al-Ghazi, that "based on what was presented by the Committee of the Diwaniya Order No. (199) of 2019, and based on the powers vested in the Council of Ministers under the provisions of Article (8) of the Civil Service Law No. (29) for 1960. At its twenty-seventh regular session, the Council of Ministers decided to exempt those who are on the accompanying list from positions marked against each of them, which begin in sequence (1. Najm Abdul Owaid) and end in sequence (61. Haider Nasser Zahir).

She added, "The decision of exemption came to not approve their appointment as Director General, and the Deputy Director General of the Department or ACVA and senior staff to administer it temporarily pending the nomination of the alternate from the competent minister or the head of the entity not linked to the ministry, except the departments occupied by taxpayers in accordance with the decision of the Council of Ministers No. 71) Year 2011   LINK

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Samson:  Beijing "resent" the US House resolution

2019/10/16 9:49

China on Wednesday expressed "strong dissatisfaction" after the US House of Representatives passed a bill aimed at defending civil liberties in Hong Kong. "We strongly deplore and strongly oppose the US House of Representatives' insistence on passing a so-called Human Rights and Democracy Act in Hong Kong," Foreign Ministry spokesman Geng Shuang said in a statement. "We call on the United States (...) to immediately stop interfering in Hong Kong and China's internal affairs."

The Chinese reaction came after the US House of Representatives passed a bill sought by pro-democracy demonstrators in Hong Kong, aimed at defending civil rights in the former semi-autonomous British colony. This text, which still needs to be passed in the Senate for ratification by President Donald Trump and takes effect, links Hong Kong's privileged economic situation in the United States to the human rights situation in the former British colony.

Under the draft, Hong Kong's special economic situation will be subject to an annual positive assessment by the US State Department of respect for civil rights by Hong Kong authorities. It also provides for sanctions against any official who undermines “fundamental freedoms” in this semi-autonomous region.

Three months ago, Hong Kong has been shaken by increasingly violent pro-democracy demonstrations, and protesters denounce Beijing's growing hegemony over Hong Kong affairs and police actions. Demonstrations began in June against a bill to hand over wanted people to central authorities in Beijing. The draft was abandoned in early September, but in the meantime protesters raised their demands. The city has special rights under a 1997 extradition agreement from Britain to China, including the right to free expression and an independent judiciary, but many see these rights threatened by pressure from Beijing.    LINK

Samson:  The Swiss National Bank informs the Central Bank of Iraq of the renewal of its banknote of 100 francs   https://cbi.iq/news/view/1316

SteeleyJan: The following is all in my opinion....something was brought back to mind today when reading this....I don't post my opinion/thoughts much anymore BUT this thought occurred to me about this new Swiss note coming out....I could be way off but just some thoughts rolling around in this Southern Belle's head today. 

When I saw the "Swiss" note, memory file #333 (LOL) came flying out and reminded me that they use to refer to them as "Swiss dinar" back in the day....doing some research on Wiki, I found this snippet:

History

The dinar was introduced into circulation in 1932, by replacing the Indian rupee, which had been the official currency since the British occupation of the country in World War I, at a rate of 1 dinar = 11 rupees. The dinar was pegged at par with the British pound until 1959 when, without changing its value, the peg was switched to the United States dollar at the rate of 1 dinar = 2.8 dollars. By not following the devaluations of the US currency in 1971 and 1973, the dinar rose to a value of US$3.3778, before a 5 percent devaluation reduced the value of the dinar to US$3.2169, a rate which remained until the Gulf War, although in late 1989, the black market rate was reported at five to six times higher than the official rate.

After the Gulf War in 1991, due to UN sanctions, the previously used Swiss printing method was no longer available so new, inferior quality, notes were produced.

The previously produced notes became known as the Swiss dinar and continued to circulate in the Kurdish region of Iraq. Due to sanctions placed on Iraq by the United States and the international community along with excessive government printing, the new dinar notes devalued quickly. By late 1995, US$1 was valued at 3,000 dinars at the black market.

History - Iraq Dinar, Wik

Could it be that the CBI is using the new Swiss note as a "familiar" one that citizens will easily remember??? I know there are a lot of young people who may not remember or know about this but I am just throwing it out there....I find it very interesting they posted THIS note and yes, the timing of it all. 

Great stuff happening folks, be glad and rejoice KONA for our Blessing draws nigh! Many thanks Frank, TINK, WS, DELTA and all teams, God bless you all. Looking forward to tonight's UB2B Frankie!

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Samson:  China's central bank pumps $ 28 billion into financial system

16th October, 2019

China's central bank has decided to inject cash into the financial system, and has also decided to provide loans through its medium-term lending mechanism

The People's Bank of China said in a statement on Wednesday it had decided to inject 200 billion yuan ($ 28 billion) into the financial system through a liquidity mechanism

The bank said the one-year bond rate would remain unchanged at 3.3 percent

Some analysts believe that keeping borrowing costs on medium-term loans unchanged reflects the bank's desire to avoid easing monetary policy too much for fear of triggering a credit crunch

By 12:05 pm GMT, the yuan had fallen against the dollar by about 0.2 percent to 7.0991 yuan LI