KTFA Members Monday Morning "Iran, Iraq and American Bombs" 12-30-19

KTFA:

Esper Says Strikes in Syria and Iraq Successful, Officials Initially Discussed Options With Trump

03:29 30.12.2019(updated 05:29 30.12.2019)

Earlier on Sunday, US forces carried out strikes targeting five Kata'ib Hezbollah facilities in Syria and Iraq, including weapons storage locations and command and control bases. Esper said that Washington was ready for additional measures against Iran, if and when necessary.

US Secretary of Defence Mark Esper has said that the "defensive airstrikes" conducted on Sunday in Syria and Iraq were successful, adding that US officials had initially discussed other options with President Donald Trump, Reuters reported.

"The strikes were successful. The pilots and aircraft returned back to base safely. I would add that in our discussion today with the president, we discussed with him other options that are available. And I would note also that we will take additional actions as necessary to ensure that we act in our own self-defence and we deter further bad behavior from militia groups or from Iran", Esper said.

He said the strikes had been carried out by F-15 Strike Eagles fighter aircraft against five targets associated with Kata'ib Hezbollah, including three targets in western Iraq and two targets in eastern Syria that were either command and control facilities or weapons caches of the militia.

Esper characterised them as "offensive actions against the Iran-sponsored group", meaning Kata'ib Hezbollah.

Secretary of State Mike Pompeo also said that the US officials had briefed Trump on the airstrikes that were conducted "in response to the threat against the American forces". 

"We will not stand for the Islamic Republic of Iran to take actions that put American men and women in jeopardy", Pompeo told reporters after the briefing in Palm Beach, Florida.

The death toll from the drone attacks of the United States against the Kata'ib Hezbollah militia in Iraq stands at 25, with 51 people injured, the Iraqi Popular Mobilisation Forces, also known as Hashd al-Shaabi, said in a statement.

The airstrikes follow a rocket attack on a base in northern Iraq on Friday which the US claims was likely carried out by an Iran-allied militia group.

Kata'ib Hezbollah, not to be confused with the Hezbollah group of Lebanon, is a Shia-based paramilitary force established in 2007 and operating under the Hashd al-Shaabi umbrella. Washington designates them as terrorists.    LINK

Samson:  4 rockets hit military base housing US troops near Baghdad

Xinhua, December 30, 2019

Four Katyusha rockets hit Sunday a base that houses U.S. troops near the Iraqi capital Baghdad, a Interior Ministry official said.

The incident took place in the evening when the rockets struck al-Taji military base, some 30 km north of Baghdad, the official told Xinhua on condition of anonymity.

There were no immediate reports about casualties, the official said.

The attack came a few hours after the U.S. forces attacked five bases of Kata'ib Hezbollah (KH) in Iraq and Syria in response to repeated attacks by KH against U.S.-led coalition forces in Iraq, according to a U.S. military statement.

CONTINUES ............  LINK

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Samson: Sadr Warns Of Throwing Iraq Into The War Between Iran And America

30th December, 2019
Shiite leader Muqtada al-Sadr warned at dawn today, Monday, of the dangers of Iraq being plunged into a war between Iran and America.

"I am not with fueling the war between Iran and America, and I am not with Iraq plunging into this war and making it an arena for the Iran-US conflict, " Sadr said in a tweet on the social networking site "Twitter" after the American aviation bombed sites of the popular crowd in the far western district of Iraq .

He continued, "We need a serious stand by the senior people to keep Iraq away from that ferocious war that will eat green and dry land and make it cumulus."

The Shiite leader said, "We need the Iraqi people to raise their voices, condemning the war and bringing Iraq to war."

He stressed, "If Iraq does not stand as one and serious stand, then this war will be the end of Iraq if it rested." "We need peace and reconstruction ... and Iraq is not qualified to enter the war, but does not want it, and any party that throws Iraq into war will be the enemy of the people," Sadr added.  LINK

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Samson: Barham Salih: The American Bombing Is A Violation Of The Sovereignty Of Iraq And Contrary To The Agreements Between The Two Countries

29th December, 2019
President of the Republic Barham Salih stressed, on Sunday, that the US bombing of one of the crowd's headquarters constitutes a "violation of Iraqi sovereignty"

Saleh said in a brief statement, that "the American bombing of one of the headquarters of the crowd is contrary to the agreements with America and harmful to Iraq," stressing that it is "unacceptable."

Saleh condemned the "American aggression", describing it as a "violation of Iraqi sovereignty."

It is noteworthy that the American forces carried out today, Sunday, three air strikes on the headquarters of the 45th Brigade of the Popular Mobilization, killing four fighters, including the brigade commander's aide, and wounding 30 others, while a security source confirmed that the death toll had risen to 18.   LINK

Don961:  Urgent CNN: The US Secretary of Defense notified Abdul Mahdi by phone about half an hour before the bombing

 Iraq News |  15 |  2:36 PM

 Baghdad Times

The US news network CNN said that US Defense Secretary Mark Asper telephoned the head of the caretaker government, Adel Abdul Mahdi, and informed him of the air strike on the sites of the Hezbollah Brigades belonging to the Popular Mobilization, "half an hour before it was implemented."

American F-15 aircraft bombed sites of the 45th and 46th brigades in the popular crowd (Hezbollah Brigades) in the district of Al-Qaim, west of Anbar Governorate and another in eastern Syria.

The attack on Qaim resulted in the death of 27 battalions and wounded more than 50 others, including critical cases.

For his part, US Defense Secretary Mike Asper said that his country "will take the additional measures that we deem necessary", stressing that "our behavior was in self-defense."    LINK

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Samson:  Tribal and community figures flocked to the crowd headquarters in Diyala to reject the American attack

13:25 - 30/12/2019

Dozens of tribal and community figures in Diyala Governorate, on Monday, poured into the headquarters of the popular crowd to reject the brutal American aggression.

The head of the Security Committee in the Diyala Council, Sadiq Al-Husseini, said in a statement to “Information”, “Dozens of tribal, societal and religious figures poured into the headquarters of the popular crowd in all areas of Diyala to confirm their national position rejecting the brute American attack on the headquarters of the popular crowd in the far Anbar yesterday evening Which resulted in dozens of martyrs and wounded.

Al-Husseini added, “The American aggression is a clear message to all Iraqis that it declares war on the popular crowd that liberated the land and returned the displaced people and failed the plans to tear Iraq apart,” stressing that “all Iraqis are with the popular crowd.” up against America and its allies in the region."

Dozens of the Popular Mobilization fighters were among the 45-46 brigades that fell between a martyr and an injured, with a brutal American bombing of their headquarters in Al-Anbar yesterday evening. 

LINK

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Samson: Collect 75 parliamentary signatures to include the American bombing against the crowd in today's session's agenda

14:57 - 30/12/2019
The MP from Al-Nasr Coalition, Nada Shaker, revealed on Monday that he collected more than 75 parliamentary signatures to include the American bombing against the crowd sites in Anbar province in the agenda of today's session.

Shaker said in a statement to the "information", that "more than 75 deputies signed a request directed to the Presidency of Parliament to discuss the American aggression with drones against popular crowd sites in the district of Al-Qa’im in Anbar province within the agenda of today's session," noting that "the Presidency of Parliament agreed in a way My principle is to include the offense clause.”

She added that "today's session will discuss the details of the attack and the House of Representatives will take a deterrent decision against the American forces present in the country for violating Iraqi sovereignty." And a high-level source in the local Anbar government revealed today, Monday, a new American plan aimed at destabilizing security." And the stability of the western regions through new targeting operations of the Popular Mobilization Forces stationed in the western areas of Anbar.  LINK

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Samson:  China comments on the US bombing of the crowd: the sovereignty and independence of Iraq must be respected

30th December, 2019
China, Monday, called on all countries to respect the sovereignty, independence, and territorial integrity of Iraq and Syria, in a comment on the US bombing of bases of "Hezbollah Brigades" in Iraq and Syria.

"We are sure that everyone should abide by the United Nations Charter and basic international standards, and it is necessary to respect the independence, sovereignty and territorial integrity of Iraq and Syria," said Chinese Foreign Ministry spokesperson Gan Xuan.

The Chinese statement comes in response to the bombing of five sites belonging to the "Hezbollah Brigades" by the United States on Sunday evening, in both Syria and Iraq. The Pentagon said that this strike is a response to a missile strike targeting an American base in the Iraqi province of Kirkuk, which resulted in the death of an American contractor. It is known that the "Hezbollah Brigades" is an armed Iraqi organization that includes forces.   LINK

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Samson:  Trump briefed on Anbar bombing, Washington "threatens more"

12/30/2019 8:41

The American Secretary of Defense and Foreign Minister went to Florida, where President Donald Trump is, to brief him on the latest developments and US air strikes on sites said to be "Iran" in Iraq.

"We have come to inform the president about the events that occurred during the past 72 hours ... We will not leave Iran to undertake actions that endanger American men and women," Secretary of State Mike Pompeo told a news conference alongside Defense Secretary Mark Esper in the Mar Lago resort in Florida. Pompeo added that he would leave room for Minister Esper to talk about the military aspects, but he wanted to clarify US policy regarding Iran.

For his part, Esper said: "The Pentagon targeted five sites in Iraq and Syria in response to the attack by a militia supported by Iran on an Iraqi facility, which would endanger American forces." The blows were successful and the pilots and planes returned to the base safely. 

I would like to add that during our meeting today with the President, we discussed with him other options available. I would also point out that we will take the additional measures that we deem necessary, and confirm that our behavior was in self-defense and to deter more bad behavior by the militias or from Iran. ”He said.

The United States announced yesterday that American planes launched a march that bombed five sites of the Hezbollah Brigades in Iraq and Syria. The popular crowd announced that the American bombing of the positions of the 45th and 46th brigades in the crowd in Al-Qa’im district, west of Anbar, has so far resulted in the death of 25 fighters and wounded 51, indicating that “the number of martyrs can be increased due to the presence of wounded in critical condition and severe injuries.”   LINK

KTFA Members "Sunday News" 12-29-19

KTFA:

Samson:   Parliament's schedule for tomorrow's session

12/29/2019 14:39

The Media Department of the House of Representatives published the agenda for tomorrow’s session, which included voting on a proposal for the law of the first amendment of the Federal Financial Administration Law.

It also included completing the discussion of the draft law of the second amendment to the Makhz Retirement Law.

According to the document, the session will start at one in the afternoon.    LINK

Samson:  $ 56 a barrel of oil in the 2020 budget

29th December, 2019

The reform decisions taken by the resigned Iraqi government headed by Adel Abdul Mahdi led to an increase in financial expenditures in the budget for the year 2020 to more than 10 trillion dinars in the next year's budget due to the employment of thousands and the referral of a large number of employees to retire and others, as the financial deficit reached 48 trillion after Increase the price of oil in the budget from $ 53 to $56

And the transfer of "Iraqi 24" website from sources described by Al-Mutala'ah in the Ministry of Finance and the Parliamentary Finance Committee, "The general conditions in Iraq contributed to the delay in sending the draft budget budget, due to the reform decisions of the resigned Iraqi government, which led to increased financial expenditures of more than 10 trillion dinars Noting that "the planned deficit is still in violation of the Financial Management Law, which occurred in the fourth paragraph of Article Six, that the planned financial deficit does not exceed 3% of the gross domestic product

She emphasized that the planned financial deficit in the budget for next year reached 19% of the gross domestic product, which currently stands at 48 trillion dinars, while the gross domestic product amounts to 253 trillion dinars, "indicating that "the Iraq crisis is long and the Minister of Finance or his representative will resort to issuing uncles For ministries and state departments, the disbursement includes 1/12 or less of the total actual expenditures of current expenditures for the previous fiscal year after excluding non-recurring expenditures on a monthly basis and until the approval of the federal public budget in accordance with Article 13 of the Financial Management Law

 The informed sources noted that "the interest of the Kurds is represented in the failure to approve the next financial budget bill because the Finance Ministry continues to transfer funds to the Kurdistan region, which amounts to 455 billion dinars per month as a result of the majority of deputies refusing to pass the agreement concluded by the resigned government with Erbil

 On the other hand, a member of the Finance Committee, Naji Al-Saeedi, said that the draft budget budget for the year 2020 is still with the Council of Ministers, to reduce the fiscal deficit, by raising oil prices, pressure on financial expenditures, and increasing revenues, "noting that" the planned financial deficit at the beginning of a project The budget was 81 trillion dinars and now it reached 48 trillion dinars.” Al-Saeedi added that the price of oil in the budget rose from $ 53 to $ 56, noting that “the resigned government failed to find new financial revenues or work from the extent of corruption in the customs that will provide the state 8 trillion dinars annually

 A member of the Finance Committee mentioned the share of the Kurdistan region in the next budget is 12.7%, "excluding the implementation of the agreement concluded between Baghdad and Erbil in the budget for the next year, noting that Iraq will pay the amount of 18 trillion dinars in debt dues and benefits to international organizations and countries with a budget next year  LINK

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Samson:  Abdul Mahdi's office explains why the final accounts were not sent to the House of Representatives

16:04 - 29/12/2019

On Sunday, the spokesperson for the resigned prime minister, Saad Al-Hadithi, explained the reason for the failure of the cabinet to send the final accounts from 2013 until this year to the House of Representatives despite its promise to submit it before resigning.

Al-Hadithi said in a statement to "Al-Maalouma", that "the cabinet continues to complete the final accounts of previous years and completed a portion of them," noting that "the legal obstacle is behind not sending it to the House of Representatives."

He added that "the government's shift to conduct daily business after its resignation prevents it from sending draft laws," noting that "final accounts are sent with the Federal Budget Law as an appendix and are discussed within the House of Representatives."

The resigned prime minister, Adel Abdul-Mahdi, confirmed earlier that the cabinet will send the parliament the final accounts from 2013 until now.   LINK

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Samson:  Secret oil companies control $ 3 trillion in fortunes

29th December, 2019
Secret oil companies control the vast majority of the world's oil and gas assets, but the average person has only heard of those companies that have been attacked by missiles or have been implicated in prominent corruption scandals.  The writer Anis Alec said in a report published by the American Oil Price that the state-owned oil and gas companies control at least $3 trillion of oil and gas assets, compared to about $2.5 trillion in 2017, and these companies have the equivalent of 90% of all known reserves.

National oil companies

The writer mentioned that this means that national oil companies control the same wealth that all billionaires in the United States possess, or nearly twice the assets of global multilateral development banks. If we count the annual revenues alone, the Chinese government company, Sinopec, which is specialized in exploration, production, refining, marketing and distribution, is considered the largest oil and gas company in the world in 2018. This title is given - when taking into account net income - to Saudi Aramco, which recorded a net income in 2018 worth $ 111.1 billion

According to the annual revenue metrics at the end of 2018, four out of the world's top ten oil and gas companies were state-owned, such as Sinopec, Aramco, the China National Petroleum Corporation and Russia's Gazprom. As for the six places from this list, Royal Dutch Shell (fourth place), BP (fifth place), Exxon (sixth place), Total (seventh), and Valero (eighth) and Philips 66 (10th place). Despite its economic position, most of the 71 national oil companies are very secretive, and Norwegian Equinor is one of the few exceptions, while the ambiguity of the rest of the national oil companies poses a great risk to finance and governance, especially when they are burdened with huge debt. The NOC database included in this regard no fewer than 19 national oil companies with assets in excess of $ 50 billion.

Government revenue

At least 25 of the national oil companies account for 20% or more of government revenue, with the Nigerian National Oil Company and the Nigerian National Oil Corporation collecting about half of the general government revenue from oil and gas sales. The writer mentioned that the database also reveals a pattern of weak public reports issued by a number of national oil companies, as only 20 out of 71 national oil companies have revealed sufficient information for the ten most important indicators in this sector.

More than half of the national oil companies fail, however, to publish the audited financial statements by independent auditors, and companies - such as the National Petroleum Corporation of the Congo - are unable to even disclose the balance sheet. The writer added that the national oil companies may borrow to finance new investments or to maintain significant discretionary expenditures or implement specific political programs, and that the loans may be in the form of debts from other oil companies such as the Nigerian National Oil Corporation, or from banks such as the Ghana National Oil Corporation, or from Another government entity like Sonatrach that borrows from the Algerian Central Bank, or by issuing corporate bonds such as the Russian company Rosneft, in addition to oil-backed loans from other traders or national oil companies such as Kazmunai Gas in Kazakhstan.

Borrowing

The writer emphasized that the borrowing of national oil companies has its benefits, and that the need to borrow can motivate oil and gas companies to develop sound governance practices in an attempt to improve their credit ratings, and that the best example of this is the recent Saudi Aramco bond issuance that provided a sneak peek of their financial performance, And that excessive debt can create great risks. He pointed out that some of the national oil companies such as the Norwegian Equinor and the Colombian Ecopetrol have continuously achieved strong returns for public investment, and that the national oil companies have nonetheless struggled in many countries to turn into actors with commercial efficiencies, and in extreme cases have contributed significantly to widespread corruption on Large scale, not to mention the lack of accountability for the role it plays in climate change.

National oil companies may control three trillion dollars of oil, and enjoy the luxury of being opaque, and in some cases completely corrupt, but their counterparts from international oil companies not owned by the state still fluctuate the scales in general on revenues and incomes.   LINK

Don961:  $ 3.07 billion United Nations operational budget

Saturday December 28, 2019
New York / agencies 

Yesterday (Saturday), the United Nations General Assembly approved an operating budget for $ 3.07 billion, which includes - for the first time - Russia's opposition, joint financing of the war crimes investigation mechanism in Syria.

This budget (which has become one year after it was two years earlier) represents a slight increase compared to the 2019 budget of 2.9 billion, and the increase is due, according to diplomats, to the additional tasks assigned to the United Nations secretariat and to inflation and exchange rates.

The issue is particularly related to the mission of the observers in Yemen and the political mission created during the autumn in Haiti, and also to the continuation of the work of mechanisms for investigating crimes committed in Syria since the war broke out in 2011, as well as in Burma after the crackdown on the Muslim Rohingya minority since 2017.

For the first time, the budgets of these mechanisms will be funded in 2020 from mandatory contributions from the 193 member states, after they were so far funded by voluntary contributions, and Russia proposed multiple amendments during negotiations at the meeting of the Fifth Committee on Budgetary Affairs of the International Organization and in the plenary session of the General Assembly.

On Saturday, Moscow said: "The investigation mechanism related to Syria is illegal," while Damascus considered that "the mechanism does not have a mandate from the Security Council."

The UN operational budget is separate from the annual budget for peace operations (about $ 6 billion) that is approved each year in June.

In addition, the website "Wikileaks" published 4 leaked documents from the Organization for the Prohibition of Chemical Weapons, ruling out that chlorine may be the cause of death in Douma, east of Damascus.

"Four documents from the Organization for the Prohibition of Chemical Weapons; revealed that toxicologists have excluded deaths from exposure to chlorine," WikiLeaks reported in a tweet via its Twitter account.

The site added that, according to letters exchanged between members of the Organization for the Prohibition of Chemical Weapons, it appears that the organization's senior official, Sebastian Praha, has ordered the withdrawal of the report with irregularities regarding the alleged chemical attack on April 7, 2018 from the organization's archive, and deleted "all traces of " This document.   LINK

KTFA Members "Some Saturday News" 12-28-19

KTFA:

Samson:  With the stroke of a pen ... the disappearance of 15 tons of gold in the Central Bank of Iraq

28th December, 2019

The former deputy, Jawad Al-Shuhaili, revealed the disappearance of 15 tons of gold in the Central Bank of Iraq.

Al-Shuhaili said in a press statement followed by "Al-Akhbariya", that "15 tons of gold have disappeared in the Central Bank of Iraq."

He explained, "I filed a lawsuit with the public prosecutor, and the Central Bank replied to me not to buy gold, but he acknowledged the existence of gold."

He added that "the time of buying gold took place during the presidency of Sinan al-Shabibi, and the loss came directly after it," noting that "the central bank closed the case without adequate investigation."  LINK

Samson:  Abdul Mahdi's office announces completion of all provisions of the Federal Budget Law of 2020

17:05 - 28/12/2019

On Saturday, the spokesperson for the office of the resigned Prime Minister, Saad Al-Hadithi, announced that all the provisions of the federal budget bill for 2020 have been completed since the beginning of last month.

Al-Hadithi said in a statement to "Information", that "the cabinet has completed all the provisions of the draft federal budget law for 2020," noting that "the budget law of the cabinet has completed its study and discussion within the beginning of last month."

He added that "the Council of Ministers is unable to send the federal budget for 2020 to the House of Representatives due to a legal impediment," noting that "the government is turning to the disposal of work to prevent it from sending the budget to the House of Representatives, since the government is in accordance with the law and the constitution not entitled to send laws under these circumstances."

And revealed the Parliamentary Finance Committee, earlier, the formation of the Council of Ministers a committee to study the draft federal budget law for 2020, while it indicated that the Council granted the committee the power to send the budget to the House of Representatives.   LINK

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Samson:  The arrival of the US Secretary of State to the Al-Asad base in Anbar

28th December, 2019
It was reported, on Saturday, that US Secretary of State Mike Pompeo arrived at Ain al-Assad base in Anbar Province.

And Mawazine News learned, "US Secretary of State Mike Pompeo arrived today, at Ain al-Asad base in Anbar province."  LINK

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Don961:   How has the digital economy changed the financial market?

- 20 Hours Ago

The tendency to digitalize all financial services has become evident and is no longer a secret to anyone. Credit institutions are working diligently to reduce the number of employees and consulting offices without fear of talking about their reputation, and employing more technical specialists and technology technology experts.

The writer Mikhail Ismailov said in an article published by "News Re", that small banks, which sometimes resemble newly emerging companies in the field of business, are able to compete with financial institutions that occupy the first ranks thanks to the development of modern digital capabilities for some services.

The peer-to-peer lending service is one of the brightest emerging trends in the digital economy, which is lending money to individuals or companies through online services that connect lenders with borrowers, and Russia started using this service a few years ago.

E-Loans
The author adds that with the use of the digital economy, all transactions are taking place online, allowing investors and borrowers the opportunity to track the movement of their own money and monitor profitability independently.

Borrowers are classified according to special indicators such as their activities and the state of insolvency, and this classification will change in the event of violation of the terms or term of payment. In general, these specialized lending services, such as banks, cooperate with debt collection companies.

According to the Russian Central Bank, at present the size of the lending market in Russia is more than 15 billion rubles. According to experts, thanks to the adoption of the country's crowdfunding law and the launch of new platforms, this lending rate could double by the end of 2020

The writer explained that this modern trend, which is intended for the digital economy, involves some problems that have not been solved until now.

In the beginning, Russia lacks a sufficient number of qualified specialists who provide services in the market of modern technology in the field of finance, in addition to the absence of clear programs in educational institutions that will train these employees, which greatly prevents the development of digitization of the sector.

In addition, there is currently no clear legislative framework regulating high-tech products in the country, and although the crowdfunding law will come into effect soon, there are still many shortcomings, including those of a technical nature, especially as the Russians are still reluctant to use This technique.

Digital Technologies
The writer quoted Executive Director of the Gatland crowdfunding platform Roman Khurushev as saying that there are a lot of digital technologies being created today. Not only does modern companies lend and urge residents to save, it also includes digital banks.

This significant demand for digital transactions is due to the desire of customers to obtain approval for loans within a few hours, as well as conducting banking operations via the Internet.

The financial industry is steadily moving towards automation of operations, so in the near future credit institutions will compete for customers, not at the level of offices and tourist destination management devices, but at the level of technological capabilities for applications

Consequently, the future shares of banks in the financial market are expected to decrease significantly.

For example, the capital of the German bank, which was founded in 1870, fell to $ 16.6 billion today, after it was about $ 71 billion five years ago.

Source: websites    LINK

Frank26, TNT, Bix Weir and more Friday Afternoon 12-27-19

KTFA:

Scubasteve70:  Fantastic UB2B last night...I like the logic behind it and what we're seeing in articles. 
I've had a question now for some time, and I do not want this to lead into a huge rates discussion. 
If they adjusted the rate higher than a 1 to 1 value (5 to 1) would there still be a different rate for out of country or just the single rate.   Thank you.  

Frank26:  GREETINGS NEWBIE TO KTFA ............ WELCOME FRIEND ............... A DINAR IS A DINAR IN COUNTRY ........................ A DINAR OUT OF THE COUNTRY IS GOVERNED BY THE MARKET RATE.  THESE ARE TWO DIFFERENT ..................... POSITIONS ............ RATES. 

DELTA:  FAMILY.......URGENT ..........MilitiaMan & FRANKIE & MYSELF WE FOUND SOMETHING SO BIG AND HUGE AND WE GOT THE PROVE THAT CBI DID DELETE ZEROS END OF NOVEMBER ......WE WILL SEE WHEN TO RELEASE THE INFO...

Frank26:  LAST NIGHT MM AND DELTA CALLED ME ..................... WITH PROOF.

TOLD THEM ................... STAND DOWN ............. DO NOT RELEASE IT YET................ HOLD.

THIS TYPE OF INFO DESERVES A UB2B ................... TO EXPLAIN IN TOTALITY. 

BUT DUE TO MY SCHEDULE ............... HAVE DECIDED TO KEEP ALL INSIDE OF PREMIUM TEAM CHAT TODAY.

AM ENCOURAGING PREMIUM MEMBERS TO BE ON TIME TONIGHT AT 7 PM EST.

WILL SHARE MM/DELTA REPORT AND FF77 REPORT FROM LAST NIGHT AND THIS MORNING.

WILL THEN RELEASE OUR STUDY TO EVERYONE ON MONDAY THE 30TH. 

GOD BLESS YOU ALL............. ALOHA. 

Samson:  Allawi: Iraq’s debts amounted to 48 billion dollars

26th December, 2019
President of the National Coalition, Iyad Allawi, confirmed today, Thursday, that Iraq's debts amounted to 48 billion dollars, and the next prime minister is supposed to put a solution to pay them.

Allawi said in a radio statement followed by / Mawazine News /, that "Iraq's external debts amounted to 48 billion dollars and should be paid by the next prime minister."   LINK

RMF:  IMO This is another Clue to indicate a "in the coming days" rate change so they can pay off debts.

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Don961:  Central banks of four countries renew their currencies

Friday 27 December 2019

Baghdad / Al-Sabah

 Banks of the countries of Bulgaria, Georgia, Switzerland, and Belarus have addressed the Central Bank of Iraq, noting that they are issuing or renewing their currencies from various banknotes.

And the Central Bank of Iraq announced in separate statements that were followed up and viewed by "Al-Sabah", that "the Bulgarian National Bank has renewed its paper class (50) Lev, in addition to updating some of the security specifications found in the 1999 and 2006 versions of the same category." From the Bulgarian Bank, clarifying that "the old banknote of the same class remains for trading and has the strength, discretion and legal offer until the damaged banknotes of this category are replaced."

Coin of 10 lari

The Central Bank stated in another statement that "the National Bank of Georgia issued the updated (10) Larry banknote, knowing that the old banknote of the same category and the issuances and old categories remain in circulation and have the power of release and legal offer."

Swiss franc

The Central Bank of Iraq announced that "the Swiss National Bank has renewed its (100) franc banknotes". He explained, "This category is the sixth of the ninth series of Swiss national currencies," and quoted the Swiss bank's assertion that "the old banknote of the same category and other categories of the eighth series remains for trading, with strength, discharge, and legal offer."

The Central Bank concluded by noting that "the National Bank of the Republic of Belarus issued for circulating updated banknotes of two categories (10, 5) rubles by issuing 2009".

The Turkish Lira

In the same context, the Turkish Central Bank announced new copies of the paper categories of the Turkish lira, stressing that the old copies will be withdrawn from the markets at the beginning of the new year and lose their value in it.

The Central Bank of the Turkish Republic (TCBM) published on its official website, on December 9, a statement saying that the new paper copies will be launched in the first days of 2020, and the old versions of the 2004 edition will lose their value with the end of the last hour of December 31 The current first.

He called on residents in Turkey to replace their old paper money, which will become completely undervalued as of the beginning of the new year, through the Turkish Central Bank "TCMB" and the Turkish Agriculture Bank "Ziraat Bankası" according to the statement.

"This renewal came in accordance with the announcement No. 26516 published in the Turkish Official Gazette on May 8, 2007, which stipulated the removal of banknotes issued in the year 2004 from the" E8 "group.

The group includes "E8" categories (pounds, ten pounds, 20 pounds, 50 pounds, 100 pounds), and according to the announcement, it was suspended from trading in 2010, while its value will be permanently lost in the last days of this year.

The decision issued by the Central Bank did not include the paper categories of the group "E9", which are the newest among the groups and fit for circulation. This group includes the categories (ten pounds, 20 pounds, 50 pounds, 100 pounds, 200 pounds) issued in 2009 and later. , As the decision singled out only the "E8" paper categories, which includes the currency whose issuance date is 2004, and circulation started in 2005.

This means that, starting next year, the Turkish markets will see trading in two different versions, in the form of the ten categories, to 200 pounds.

Turkey witnessed a fundamental transformation in the year 2005, when the currency, which was worth "one million" and containing six zeros at the end, was used until 2004, and as of that period the Turkish Central Bank called the Turkish lira the name of "the new Turkish lira".

The Turkish currency includes paper groups from "E1" to "E9" and is divided according to the date of issuance of the design for the currency and the start of dealing with it, to the period of its validity, expiration and lifting from the markets, and the group "E1" is the oldest among them, and it started in 1947 and lost its value completely In 1962.  LINK

TNT:

BigLou43:  I believe that 2020 will bring us our dreams. Those who are in this have something that other don't.... Hope.. Remember, hope is a good thing, maybe the best of things, and no good thing ever dies....We have this going for US!

Tishwash:  here's video of the fire in the green zone short video https://www.youtube.com/watch?v=mh3c8BnDEl4****

JCNoble:  thanks tish. This is only thing the GOI understands

Ify:  time and pressure make diamonds

JCNoble:  ify heat is also involved

Yada: All the more reason the UN, US and IMF want this done. Read an article the other day regarding then opening up 3 kiosk to register people for new jobs. Estimated 150,000 per kiosk. That is in the budget and needs the new rate

Eccle519:  The US may put in Emergency GOI and get r done Possibly Abadi...it's very obvious Iraqi officials do not have the ability to govern for the people and prosper as a country

Jambie67:  Eccl by "emergency GOI", do you mean another "stand in" government? They need permanent seats

Eccle519:  jam: That was an article but probably a stand in Gov to take care of biz then have legal elections...but Iraqi's are not capable on there own!  Imo, if you took most any Iraqi citizen and put them in the GOI, they would just do what all the others do for themselves and family...no concept of doing the right thing

Jambie67:  Eccl they'll get it together, I'm hopeful  ….The Iraqi president's resignation was a strategic move, in my opinion, and speaks to a probability that they have a swift plan already in the works

Eccle519:  Jam: Yes I believe they want to get it together but Iraq has never had an example of prospering the people and country as a whole...just building big palaces and throwing crumbs to the people...They need some strict help from the US or others then they will be on their way

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

Bix Weir

Bank Repo Bailouts Are Failing as Crypto YouTubers are FREED!!

RoadToRoota:  Dec 27, 2019

Despite RECORD bank stock prices there are monumental problems approaching as YEAR ZERO approaches!! Hang on tight! Get your CRYPTO in your own possession before the Old System Fails!

https://youtu.be/cuu3q8Bod7c?t=6

Delta and KTFA Members Friday 12-27-19 "We Found Something Big and Huge"

KTFA:

DELTA:  FAMILY.......URGENT ..........

 MilitiaMan & FRANKIE & MYSELF WE FOUND SOMETHING SO BIG AND HUGE AND WE GOT THE PROVE THAT CBI DID DELETE ZEROS END OF NOVEMBER ......

WE WILL SEE WHEN TO RELEASE THE INFO...DELTA

MilitiaMan:  SEEMS THE VIEW OF MARCH HAS BEEN, HALT!! Lol –MM

Sissytheclown:     Delta, MilitiaMan, and Frank. Proof the CBI deleted zeroes at the end of November is AWESOME news!!!  Hope you can release that info real soon. 

JJimmyjj:   I absolutely trust this information. 

And,  I understand  that governments and international organizations treat rules and regulations more like guidelines than actual rules-- to be ignored when it suits them. 

And finally,  no authoritarians like to see the unwashed masses with power and money. 

With that said, how can the CBI take the action of reinstating their currency and not announce it? The benefits of reinstating are only realized if the world agrees on the value. 

If no one else knows,  it is like a man going into a cave and telling the bats he's batman-- he might be convinced,  but no one will make a movie about him unless he tells other people and acts like batman in public. 

So,  let's assume it was told to the Big 4, which means the US and the world's central banks know.  That's great,  and it can help with debt restructuring and settlements. 

But, IMO  that doesn't help with the true value of an RI: turning on the Iraqi economic engine. For that,  commercial banks, businesses,  Moody's (remember, they set the cost of debt), and the citizens need to know. 

IMO, that can't be delayed for long. So,  long story short: The clock is ticking and the pressure is mounting to tell us and show us the rate.

That is very,  very good for us. Momentum is now working in our favor, instead of against us (as it has for so long).

The Lord be praised. 

Moeapollo:  I gotta say it...you took the words right out of my mouth lol I wholeheartedly believe this is plausible and that somewhere between the deletion of the zeros & the time the cbi began releasing information on the regular...the protests happened. Halting what we were all waiting to see. I keep coming back to the video. How he kept saying they were "ordered" as in past tense. That video was aired on Sept 30th. It seems like it was meant to roll out publicly shortly thereafter for them to be so open about it. Yet I have to say: Even though the delay happened...I am so blessed that the people of Iraq have found their strength, their patriotism and their voice. All this is worth the delay and I mean this with all my heart. I do perceive that we'll be seeing a fast-forward motion very soon since Salih is now openly on the side of the protestors...God be with him and with them

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

Samson:  Oil reaches its highest level in 3 months

27th December, 2019
Oil prices rose on Friday, hitting a three-month high after data showed record spending for American consumers online, which raised confidence in the world's largest economy before the hoped-for end of the trade war between Washington and Beijing.

By 0612 GMT, Brent crude futures rose six cents, or 0.1 percent, to $ 67.98 a barrel, after rising to $ 68.10, the highest level since September. US West Texas Intermediate crude futures rose 11 cents, or 0.2 percent, to $ 61.79 a barrel.

Thursday's survey showed that US consumer purchases over the holiday season reached a record high that exceeded analysts' expectations and pushed US stocks higher.

Oil prices are also supported by strong hopes that the new year will see an end to the long-running trade war of tariffs between the United States and China, a dispute that has overshadowed global economic growth prospects and left questions about the future of demand for crude.

The continuing impact of a long period of trade dispute reappeared in data from Japan, the world's third largest economy, on Friday, which revealed the contraction of industrial production for the second month in November.

But the price of Brent jumped more than a quarter since the beginning of 2019, while West Texas Intermediate crude rose about 35 percent, supported by the moves of the Organization of Petroleum Exporting Countries (OPEC) and other producers, including Russia, to curb production. Earlier this month, OPEC and its allies agreed to extend and increase these cuts.   LINK

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

Samson:  Allawi: Iraq’s debts amounted to 48 billion dollars

26th December, 2019
President of the National Coalition, Iyad Allawi, confirmed today, Thursday, that Iraq's debts amounted to 48 billion dollars, and the next prime minister is supposed to put a solution to pay them.

Allawi said in a radio statement followed by / Mawazine News /, that "Iraq's external debts amounted to 48 billion dollars and should be paid by the next prime minister."

According to the International Monetary Fund, Iraq's debt has worsened over the past years.

And parliamentary and academic circles warned of the dangers of that debt to the Iraqi economy. 

LINK

Samson: Close to the chest: only three candidates may be satisfied with the people

26th December, 2019
Saleh Muhammed al-Iraqi, close to the Sadrist movement leader Muqtada al-Sadr, said today, Thursday, that only three candidates for the post of prime minister may gain the approval of the people.

And the Iraqi said in a post in Vipsuk:

"Information

After research and investigation

I was able to reach an overall result regarding the satisfactory candidate for prime minister in general from the people

After he presents his program, specifies his period and writes his duties

This does not necessarily mean that we are satisfied with them

The candidates are:

1- Mustafa Al-Kazemi

2- Rahim Al-Ogaili

3- Faeq Al-Sheikh Ali

But I am not speaking in their name, but I sensed this from them .. Thank you very much

And finally: Thank you, Mr. President, because you rejected the candidates that the people reject, which is a position that history, the people and the authority will write for you.

Iraqi President Barham Salih announced today, Thursday, his refusal to assign a building block candidate to head the government, Asaad Al-Eidani, while he decided to resign before the parliament.  LINK

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

Samson:  Al-Fateh: We will refuse to accept the resignation of Barham Salih if he reaches Parliament

18:45 - 26/12/2019

The Al-Fateh coalition confirmed, on Thursday, that it would refuse to vote to accept the resignation of President Barham Salih if he sent it to the House of Representatives, indicating that the new Prime Minister’s character would be decided within 24 hours.

The representative of the coalition, Fadel Al-Fatlawi, said in a statement to “The Information”, “The Al-Fateh coalition will refuse to vote to accept the resignation of the President of the Republic, Barham Saleh, if he presents it to the House of Representatives within the coming hours.” Pointing out that “Accepting Saleh’s resignation will complicate the political scene and we will enter with a new political labyrinth.”

He added, "Saleh has the responsibility to name the new prime minister to cross over to the safety and liberation of the current political crisis." He indicated that "the personality of the prime minister will be resolved within 24 hours, and there are several names put forward to assume the position, most notably Muhammad Tawfiq Allawi, Mustafa Al-Kazemi and other personalities."

The legal expert, Tariq Harb, confirmed today, Thursday, that the resignation of the President of the Republic, Barham Salih, will not be effective until seven days after the date of its deposit in the House of Representatives, and between the Speaker of Parliament will replace Saleh because there is no deputy for the latter.

The President of the Republic, Barham Salih, had apologized, today, Thursday, to assigning the candidate of the Construction Alliance, the governor of Basra, Asaad Al-Eidani, while he laid down his resignation in the hands of the House of Representatives.   LINK

Frank26 Videos and KTFA Members Thursday Night 12-26-19

KTFA:

Samson:  Parliamentary Finance: The budget deficit delayed its arrival in Parliament

26th December, 2019

The Parliamentary Finance Committee confirmed on Thursday that the deficit in the public budget was the last time it reached Parliament

The head of the committee, Haitham al-Jubouri, said, "The general budget for the next year is still with the government and it has not been sent to parliament because of the financial deficit," according to the official news agency, Waa

He revealed, "The budget deficit reached 25 trillion dinars

He added, "The government cannot send the budget without covering this deficit," noting that "Parliament and the people are putting pressure on the government to find a solution in covering the fiscal deficit and sending the budget as soon as possible to the parliament dome

The spokesman for the media office of Prime Minister Saad Al-Hadithi confirmed, on Saturday, that the government of managing daily affairs could not send the general budget bill for fiscal year 2020 to the parliament

Al-Hadithi said, "The budget bill is ready in the cabinet, but the current government cannot send it after it has been turned into a daily caretaker government  LINK

2Berds:  What they are saying IMO is they are waiting on the RI and the new exchange rate then they can bring the budget.

Samson:  The Bulgarian National Bank informs the Central Bank of Iraq to renew its (50) Lev currency note

26th December, 2019

The Central Bank of Iraq announces that the Bulgarian National Bank has renewed
its (50) Lev banknote, in addition to updating some of the security specifications
found in the 1999 and 2006 versions of the same category above. A legal offer until
replacement of damaged banknotes in this category.

The Central Bank of Iraq

information Office

December 26, 2019

https://cbi.iq/news/view/1372

Samson:  The Central Bank Of Iraq, “The Bulgarian National Bank Notified Us Of The Renewal Of Its 50-Leaf Bank Note”

26th December, 2019

The Central Bank of Iraq informed all the banks, today, Thursday, that Bulgaria has renewed its 50 lev note.

The bank said in a statement that the independent received a copy of it, “The Bulgarian National Bank notified us that it has renewed its 50-leaf cash note, in addition to updating some of the security specifications found in the 1999 and 2006 issues.

The bank indicated that "the old banknote of the same category remains for circulation and has strength, innocence and legal offer until the damaged banknotes of this category are replaced."

The bank asked all private banks to "inform their employees who work in the field of foreign exchange about the new issuance of the Bulgarian National Bank."   LINK

Frank26:  12-26-19......PRAYING FOR A HAPPY NEW YEAR

This video is in Frank26’s opinion only

IN A FEW MINUTES THIS VIDEO WILL END AND I WILL SET UP A NEW ONE

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

Frank26:  12-26-19 PART TWO

https://www.youtube.com/watch?v=fi6dDA6Iwxs

Delta, Militiaman and KTFA Members Wednesday AM 12-25-19

KTFA:

DELTA:   We would like to inform our valued customers

That cash withdrawals will be suspended at all Branches of the Iraqi Bank of Commerce from Thursday, December 26, 2019 to conduct annual inventories.

These operations will resume from Sunday, January 05, 2020.

So it's worth noting.

MilitiaMan:  So this is starting on the 26th. Hey folks no cash starting on the 26th.. Better get in and get what you can now if need be.. -MM

RE: All Delta Posts  

MilitiaMan:  So on the 26th they start stopping cash withdrawals then on the 29th they stop cash deposits.. They seriously are telling everyone that something is a foot and don’t get fought blind. Just as the CBI told everyone to be prepared to modify contracts, in which the ITB do exactly that and now are going even further!! – MM

MilitiaMan:  Now they correspondently say from the 29th no deposits in cash and also no foreign remittances are to be made through the 01/05/2020.. No wire transfers? Really? Talk about a huge deal.. They have this timed like no other!! Oh ya!! - I don’t care who is at the helm of the CBI anymore.. it matters not at this stage. Alak has been tapped for the AMF is all real time data the rest is hearsay! Imo – MM

StephenMac63:  IMO, this will also give the citizens confidence after they have a crash course in using the Cards, essentially a step in weaning them off of cash altogether in the future......unless the cards will also be out of service.

MilitiaMan:  Yes, financial inclusion has been a main focus from many entities.. Having the new system in place with massive education over time has the citizens and banks ready to convert now.. imo - MM

Pennypan:  Remember people that many of Iraqi citizens keep cash in their homes becuase they don't trust the banking system.  This shouldn't make a huge difference to the average citizen.  That being said, I do hope that the NSCN are being put into the ATM's   and the RV happens in time for the banks to be back online. Just my humble opinion...

MilitiaMan:  The point is they have a time line to convert! Imo -MM 

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

Delta:  Disclaimer: The PRICE OF THE dollar has now changed

*Islamic Spectrum Bank offers its valued customers a service to buy and sell foreign currencies at the best competitive prices supported, The price of the dollar may change

Rommy:  The price of the dollar may change or the value of the dinar may change?

MilitiaMan:  “The price of the dollar may change.” Another indicator warnings are flashing and even suggesting they may have or can at a moments notice!! Imo - MM

Chappy86:  Or they may be telling the citizens to get rid of their USD because the IQD is about to be 3 times the dollar, in Country.

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

Samson:  Trade Bank of Iraq

24th December, 2019

We would like to inform our valued customers
The branches of the Iraqi trade bank mentioned below will stop providing all kinds of banking services on Tuesday, 2019/12/31 at 11 am for annual inventory.

- Erbil Branch.
- Sulaymaniyah Branch.
- Gray Branch.
- Kharthiye Branch.
- Pool Branch.
- Iraqi Red Crescent Society Branch.
- Pub Mall Branch.
- Babylon mall branch.
- Prestige Khatun Branch.
Baghdad International Airport Branch.
- International Region Branch.
- Branch of the house of representatives
- the suit branch.
- Karbala Branch.
- Najaf Branch.
- Kut Branch.
- the building branch.
- Basra Branch.

Work in the branches will resume on Sunday, 2020/1/5
So it needed to be mentioned.

##############

24th December, 2019

We would like to inform our valued customers
The branches of the Iraqi trade bank mentioned below will stop providing all types of banking services on Monday, 2019/12/30 at 11 am for annual inventory.
- Liberation Branch.
- Ministry of oil branch.
- Maysan Oil Company Branch.
- M Mall of sulaymaniyah.
- M Mall Erbil Branch.
- Nasiriyah Branch.

Work in the branches will resume on Sunday 2020/1/5
So it needed to be mentioned.   LINK

Samson:  Parliamentary Finance: The government approved the price of $ 56 a barrel of oil in the 2020 budget

17:39 - 24/12/2019

The Parliamentary Finance Committee confirmed, on Tuesday, that the Council of Ministers approved the price of $56 per barrel of oil within the draft federal budget law for 2020, while it indicated that the price of selling oil may rise after discussion in Parliament.

Committee member Hanin Qaddo said in a statement to "Information", that "the cabinet approved the price of $ 56 per barrel of oil within the draft federal budget law for 2020," noting that "the government has not yet sent the federal budget items to the House of Representatives."

He added that "the House of Representatives may raise the price of selling a barrel of oil to more than 60 dollars after discussing the budget that will be sent to it," noting that "raising and lowering the price of selling oil depends on international oil prices and the size of the fiscal deficit in the budget."

The Parliamentary Finance Committee confirmed, earlier, that the dispatch of the Council of Ministers to the Federal Budget Bill for 2020 is dependent on naming the new Prime Minister.    LINK

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

Samson:  Including the second reading of the second amendment of the retirement law .. Parliament announces its agenda for Thursday's session

25th December, 2019
The Iraqi parliament is scheduled to hold its 26th session tomorrow, Thursday, to vote and discuss three laws aimed at legislating them.

Tomorrow's session, according to its agenda, includes a vote on the federal civil service bill, as well as a vote on the proposal of the first amendment law for the Federal Financial Administrative Law, and a report and discussion (second reading) of the second amendment bill for a unified retirement law.

The Council held two sessions yesterday, one of which voted on the draft legislative elections law despite the objection of the Kurdish blocs, and the second session completed the first reading of the second amendment bill for the unified retirement law.   LINK

Delta and KTFA Members Tuesday PM 12-24-19

KTFA:

DELTA:  We would like to inform our valued customers

Cash deposits will be suspended at all Branches of the Iraqi Bank of Commerce from Sunday, December 29, 2019 to conduct annual inventories.

These operations will resume from Sunday, January 05, 2020.
It was therefore necessary to note.

~~~~

DELTA:  We would like to inform our valued customers

All Branches of the Iraqi Bank of Commerce will stop carrying out foreign remittances from Sunday, December 29, 2019 to conduct annual inventories.

The implementation of these transfers will resume from Sunday 5, 2020 

It was therefore necessary to note.

~~~~

DELTA:  We would like to inform our valued customers

That cash withdrawals will be suspended at all Branches of the Iraqi Bank of Commerce from Thursday, December 26, 2019 to conduct annual inventories.

These operations will resume from Sunday, January 05, 2020.

So it's worth noting.

~~~~

DELTA:  THEY ARE NOT THE SAME...... DIFFERENT ANNOUNCEMENT .....NO CASH DEPOSIT NO CASH WITHDRAW AND NO REMITTANCES 

Rommy:  Meaning they are operating on a Jan 1 to Dec 31 fiscal year?  And since when don't banks already know their inventory?  IMO

Hammy14:  Three different announcements with each suspended for an entire week.  I could see suspension for a day maybe, but an entire week??  Something's up...

Boxman:  Sounds like end of year audit procedures to make certain the correct balances in the various accounts...a necessary step if you are to properly account for balances if you are do a different rate conversion..IMHO.

Delta:  Disclaimer: The PRICE OF THE dollar has now changed

*Islamic Spectrum Bank offers its valued customers a service to buy and sell foreign currencies at the best competitive prices supported, The price of the dollar may change

Rommy:  The price of the dollar may change or the value of the dinar may change?

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

Don961:  Privatization ... an effective tool for achieving economic reform

Tuesday 24 December 2019

Baghdad / Imad of the emirate

Privatization programs are one of the most important tools of economic reform, and their application is accompanied by a set of positive and non-positive economic effects, and the state can benefit from positive effects and develop them and overcome all the challenges that may appear during application, and use them to stimulate national production in light of the loud voices calling for the revival of the local industry that The citizen is looking for her seriously.

 Pros of privatization

Academician Dr. Abdul Karim Shingar said: "One of the advantages of privatization programs is the increase in domestic and foreign investments, in relation to local investment, private capital will invest in the purchase of public institutions, as savings turn to investment, which increases economic efficiency by producing goods at reasonable prices and high quality from Through the introduction of new methods of administrations and the purchase of production lines, and this is consistent with the voice of the Iraqi street in reviving the national product and the advancement of the Iraqi economy. "

He continued, "On the level of foreign investment, the state's financial deficit leads to attracting this type of investment that helps in the actual application of privatization by creating new job opportunities and increasing profit, and privatization programs lead to the stability of the country and improve its financial position by excluding the expenses it incurred in strengthening the institutions of the sector Year and an attempt to cover its losses, which limits inflation, as well as the country’s ability to obtain a return as a result of selling its institutions. ”

Organizational structures

Al-Issawi said that "privatization programs are working on an organizational reform process that covers both the organizational structures and regulations for the activities of productive institutions responsible for investment and financial and monetary policies and the enactment of legislation and laws for the growth and expansion of the private sector during a specific period, in addition to the development of markets that are the cornerstone of The success of privatization by providing an opportunity for foreign and local investors to buy and sell shares, and privatization programs reduce the cost of performance by reducing excess labor and work efficiency improves when decision makers feel the importance of work because they gave me the opportunity NOAA owners and shareholders process productivity, not to mention the technology that was non-existent. "

 Cons of privatization

He explained that "some confused international experiences must be used as a precaution, given the privatization that accompanied corruption in several countries, as narrow individual interests seized valuable assets and resources that were public property of the state and then were bought cheaply, and these became billionaires, for example in Russia The stolen assets amounted to $ 1500 billion, the costs of privatization that many elements of society are unwilling to pay because they benefit from existing social systems and are afraid to make changes to them as a result of the implementation. 

He pointed out, "The existence of new rules proposed by privatization, including increasing working hours and reducing the benefits that they were getting, and unemployment is one of the most important negative aspects of the application of privatization faced by the state due to its inability to create alternative job opportunities."

 Funding process

Dr. Al-Issawi pointed out, "The importance of having financial institutions concerned with the financing process needed by the transformation stage, as it requires providing the support that institutions need to restructure, maintenance expenses and replace assets before the transformation process and other expenses, which is a problem for the state that does not have the resources and has a large public sector."   LINK

Samson:  Peshmerga participates in a special ceremony in Paris

23rd December, 2019

A delegation from the Ministry of Peshmerga participated in the ceremony to light the torch of the unknown soldier in Paris.

At the invitation of the French government, the delegation of the Peshmerga Ministry participated in the ceremonies represented by lit the flame of the unknown soldier under the Arc de Triomphe in the French capital, Paris.

The flag of the Kurdistan Region was raised alongside the French flag in private ceremonies.LINK

Cleitus:  The Kurds are given respect like a sovereign nation..., isn't that something?

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

Samson:  Abdul Mahdi congratulates Christians on Christmas and hopes for unity and cohesion for the people

12/24/2019 13:36 

Prime Minister Adel Abdul Mahdi congratulated the Iraqi people and Christians, especially on Christmas and New Year.

"We extend the most sincere congratulations and blessings to the sons of our dear Iraqi people, especially our brothers and partners in the homeland, Christian sisters and brothers on the occasion of Christmas and New Year which our people, fraternal spectra and all humanity celebrate, asking God Almighty to protect everyone and grant them control over Our people, in terms of security, stability, unity, cohesion, and achieving their legitimate aspirations, and for all of humanity, for the good and the peace, and Happy New Year.  LINK

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

The Qatari opposition reveals "Tamim" men inside Iraq ... to implement Iran's agenda  LINK

Moparman:  IMO   It has always been Iran that has stopped Iraq from implementing the reforms and purchasing power. This is why they are killing the citizens. Maliki is the front of all this evil. Iran is clearly using the auctions for their own gain.

This is how Rhouni can continue to speak with such arrogance and hate. Whatever sanctions that are imposed by the USA, it has not stopped the auctions and the auctions look as if they continue to grow. I think they are growing because Iran knows the end is near and they are getting what they can while they can.

This Iranian influence will destroy the Iraqi people if this is not dealt with. This is why the the US forces are moving in. this is all coming to an end very soon. Saleh must pick the prime Minister. I believe his delay is of course due to Iran.

The Iraqi people have made it well known who their picks are. Saleh knows this and yet continue's to stall the pick and I believe this is because he fears for his own life. If he doesn't pick a Prime Minister with Iranian influence, his life will be in danger.

If he doesn't pick a Prime Minister that the people want, his life could be in danger. I think he is waiting on the US to intervene to save his own neck. 

The people of Iraq just recently gave the GOI a week to meet their demands or the protests will get kicked up a notch. Over 500 Iraqi's have been murdered since the protests started. Protesters are burning down and bulldozing houses and buildings of Parliament members and those with Iranian influence.

 The demands of the protesters must be met or it is going to get a lot worse. Can you imagine what this is going to cost Iraq after all is done? Billions. 

I believe that the GOI and the CBI all want the citizens to have their purchasing power. It is only the corruption of the Iranians that has stalled this from day one. It was the Iranian influence that wanted Shabibi arrested when he wanted to change the rate in 2012 and is the same today. 

I agree with Frankie, Walkingstick, Delta and MM. That this is coming to an end. MM's post #25   Link spells it out pretty plainly and I believe is dead on along with Frankie's CC last night. If you haven't watched it, it is a must to see. Thanks Frankie!!

So, when you read that their are Iranian men inside of Iraq to implement Iran's agenda. This has been going on for years and this is why we have waited so long for our investment.

 Daddy's in town and the bull**** stops. Just read post #25 and listen to Frankie's CC last night and it will ease your minds and help you sleep better.

Frank26 Video "Five" and more Monday PM 12-23-19

KTFA:

Frank26:  12-23-19.......FIVE

THIS WHOLE VIDEO IS ALL IN FRANK'S OPINION

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

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

https://www.youtube.com/watch?v=YTE2u3OdDkU

Don961:  The House of Representatives postpones its session until tomorrow

Politics 12/23/2019 19:51 120 Editor: mst   
Baghdad today _ Baghdad

Today's session, the first reading of the proposed law for the first amendment of the Federal Financial Management Law No. (6) of 2019.   LINK  

MilitiaMan:  Interesting that this is coming up now. We are well passed October 10th 2019. My view is based on many things I will suggest to be to the best of my knowledge what may very well be at least close to spot on what has actually happened this year and more recently within about a 6-9 month time frame.

I have posted recently here on the forum my views on the chronology of happenings from the GOI, but more importantly the CBI. The latter is my focus of late and will be through the end of year real close, 01/02/2020. I am not looking for the 2020 budget either. It is that, it has already been sorted since October 10th and on time per Tammimi, imo.

Aside from the possible smoke that appears to be given out now and to suggest they are going to read the first reading of the FML should have everyone scratching their heads. Not for 2019 they are not, imo.. Tamimi has been on record of fairly recent about that matter, imo. Even Delta mentions many of the things I will suggest and all from the CBI and what we learn here from Frank, WS, Teams, etc..

There is nothing I see that warrants or supports the rumor of an RI going into March of 2020. If there are links aside from other gurus then any one that may feel there is validity to that, please feel free to post links from the CBI, articles, etc.. So, off the cuff here we go.

1) The CBI told the world they will need to be prepared to modify contracts. That supports a rate change is coming. imo

2) The Iraq Trade Bank on 12/01/2019 told us they were doing just that. The suspended loans for the month out to 01/01/20209. Another supporting factor a rate change is expected. 

3) The CBI shows large out put of money allocations over this last year of about 6-7 million a month for currency printing.  As of 3-60 days ago the CBI shows a very large increase in allocations as much as 3-4x as much per month over a two month period. The take away there is minting coins is more expensive than paper printing. This too supports a rate change is to come. imo A strong one too. imo.

4) There was a recent Debt payment of $20 billion that was paid. Thus, a clue as to how high a rate change could be supported. Less debt = more value, imo.. A supporting piece of the puzzle as well.

5) ISX is said to be shutting down and purportedly to be international and opening with NASDAQ 01/02/2019.. ISX has rules on value of shares when opening. Sub penny stocks to make muster. If true, it is another supporting slice of pie.

6) The Iraq Trade Bank in Saudi Arabia is and or has been on record of suggesting they'll open now early next year. Per Delta that is a recent change. imo

7) The Citizens are not shutting down from their demands and they mean business too.

8) USA showed up and is helping in that regard.

9 The CBI has a board of directors for Monetary Policy produce a video that orders the CBI to finish monetary reforms and they accepted those orders. A very BIG clue they are going to increase the exchange rate. In fact, the translation per Delta talks of coins.. That is another massive supporting piece of evidence from the horses mouth.

10) From my understanding there may have been recent contact directly from Dr. Shabibi over the prior couple weeks. If true, then another slice is on the plate.

11) Delta posted articles from the past defining the process and when the process is likely to play out. A rate change is only once a year and around the end or first part of the fiscal year. I posted it as early as a few days ago too.. imo  So the rumor that this could go out to March, per the CBI is unfounded and recklessness."""" I know that rumor is not from anyone in this thread!!!! """"

So with all that said. I am fairly confident there is nothing supporting there is anything from the CBI stating they are going to postpone or delay this process. Kuwait has nothing to do with what we are dealing with. If that was the case their would be data from the CBI on the matter. A change in Fiscal Policy would have been talked about by now. imo Personally, we are in one heck of a window, imo! Peace... ~ MM

"2)
The draft annual budget law will be determined by the Council of Ministers and will be
submitted by the Minister of Finance by October 10th to the body vested with national
legislative authority for approval or adjustment pursuant to Article 33(C) of the TAL."

KTFA Members "News and Veiws" Monday PM 12-23-19

KTFA:

Don961:  The House of Representatives postpones its session until tomorrow

Politics 12/23/2019 19:51 120 Editor: mst   
Baghdad today _ Baghdad 

The Presidency of the Parliament postponed its session, scheduled for Monday, to tomorrow, Tuesday.

The media department of the parliament stated that "the parliament postponed its session until tomorrow, Tuesday, until the quorum is complete," noting that the date of the session will be at "one o'clock in the afternoon."

It was hoped that Parliament will discuss in today's session, the first reading of the proposed law for the first amendment of the Federal Financial Management Law No. (6) of 2019.

The agenda of the session also included voting on the draft law on the elections for the Iraqi parliament, and the remaining 36 articles of it.    LINK  

2Cents:  Thanks Don for the update.....Now it looks like a Big day tomorrow.......I like tomorrow better anyway with the ISX starting Holiday on the 25th I believe......It was either the 25th or 26th......perhaps someone knows for sure or the Newshounds can post that Notice again.....

Clare:  Taha A. Abdulsalam‏ @TahaAAbdulsalam Nov 28   Dear all, Based on the Iraq stock exchange BOG decision, The last trading session for 2019 will be on Thursday, December 26th The first trading session for 2020 will be on Thursday, the second of January... Regards.

StephenMac63:  What Could Happen if Iran had a Regime Change?

     We could surmise that they will either be positive or negative results but since the country is in the Negative category we could only assume that it will be positive. So, let's dive in and see what the possibilities are. 

     First, we need to set aside our thoughts and opinions that we created by receiving second-hand opinions throughout the years and look at the country for what it is.

     Iran, currently is a Theocracy country. Theocracy is defined, according to the internet, as "a system of government in which priests rule in the name of God or a god." There are 7 countries in the world that have Theocracy as their form of government...Yemen, Vatican City, Sudan, Saudi Arabia, Mauritania, Iran, and Afghanistan. Vatican City has the smallest population of around 1000 while Iran has the largest population of 82.9 million. 

     The current political/religious landscape in Iran was created in 1979, resulting from the overthrow of what is known publically as "The Shah". The term "Shah" is an abbreviation of "Shahanshah". It is a title. The man who had this title was named Mohammad Reza Pahlavi.

     When the overthrow happened in 1979, the Pahlavi family was forced to exile. The family members included Mohammad's wife, Farah. His oldest son, Reza Pahlavi. His youngest son, Ali- Reza Pahlavi, Mohammed's daughter Leila Pahlavi. Mohammed also had a daughter from a first marriage. Mohammed wanted a Prince to carry the name in his first marriage with Princess Fawzia of Egypt but was not successful therefore a divorce resulted. Her name was Shanaz.

     Mohammed's wife, Farah, is living in Europe and has traveled the world promoting the Arts, Goodwill and even created a foundation for Alzheimers Research.
https://en.wikipedia.org/wiki/Farah_Pahlavi

     Mohammed's daughter, Leila, on Sunday 10 June 2001, Leila was found dead in her room in the Leonard Hotel in London just before 19:30 BST by her doctor.
https://en.wikipedia.org/wiki/Leila_Pahlavi

     Mohammed's youngest son, Ali-Reza Pahlavi, couldn't handle the loss of identity and the loss of his sister, who committed suicide in 2011.
https://en.wikipedia.org/wiki/Ali-Reza_Pahlavi

     
     This leaves the oldest son, the Crown Prince of Iran, Reza Pahlavi. Let's take a look at what he has done since the exile.

     He has been an outspoken critic of the current regime and has traveled extensively throughout the world contacting various country leaders. Reza also created National Council of Iran which promotes Free Elections, Woman's Rights and something that a theocracy country would never do.........separation of religion and state. He is also a trained fighter pilot, by the USA, at the age of 17.
https://en.wikipedia.org/wiki/National_Council_of_Iran

     Enclosed is a link to his website and you can see for yourself of his dreams and desires.
http://en.rezapahlavi.org/

     After reading the various links, one can only imagine the changes that could happen in the country of Iran and throughout the Middle East should a regime change occur. There are several videos on Youtube that show the beauty of the country and its peoples.......its the government that's the problem.

Thanks for reading

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Don961:  IRAQ FINANCE EXPO

25-27 JANUARY 2020, BAGHDAD INTERNATIONAL FAIRGROUND

Officially Co-Hosted with the Central Bank of Iraq, IFEX showcases all the outstanding opportunities and latest technology in the country.

Following the outstanding success of the Iraq Banking and Investment Summit, and Iraq: A Leap Forward, we are delighted to announce IFEX: Iraq Finance Expo, officially co-hosted with the Central Bank of Iraq. In its 3rd year, IFEX has shown strong annual growth and is now hosted at the Baghdad International Fairground.

Come and discover an unrivalled line-up of banks, digital agencies, FinTech start-ups, tech companies and software providers alongside a 2-day VIP conference programme. All officially co-hosted with the Central Bank of Iraq.

Iraq is forecast to become the fastest growing economy in the MENA region. IFEX will shine a spotlight Iraq's rapidly developing banking and financial services industries. New technologies are leading the charge towards greater financial inclusion. Iraq is poised to take advantage of these innovations.

Now is the time to take advantage of the outstanding growth story within Iraq’s financial services. Do not miss out and join us at IFEX, the leading banking, FinTech, Payments, E-Commerce, Retail, and Identity show in Iraq 

H.E DR ALI AL ALLAQ
Governor
Central Bank of Iraq
DR WALEED EIDY
Deputy Governor
Central Bank of Iraq
WADEE AL-HANDAL
President
Iraqi Private Banks League

Iraq is forecast to become the fastest growing economy in the MENA region.
IFEX will shine a spotlight Iraq's rapidly developing banking and financial
services industries. New technologies are leading the charge towards greater
financial inclusion. Iraq is poised to take advantage of these innovations.
Now is the time to take advantage of the outstanding growth story within
Iraq’s financial services. Do not miss out and join us at IFEX, the leading
banking, FinTech, Payments, E-Commerce, Retail, and Identity show in Iraq.

SPEAKERS
WHY ATTEND?

The future of Iraq’s banking and financial service industries. Meet the following industries and exhibit your ground-breaking product!

1. BANKING:Digital Banking, Retail Banking, ATM, Money Transfers, Insurance, Remittances, Investment, Automation

2. FINTECH:Credit & Lending, P2P Lending, Payment Solutions, Microfinance, Security, Authorisation, Mobile Wallets, Cloud

3. E-COMMERCE:Commerce, Home Delivery, Grocery, Retail, POS Systems

4. DIGITAL TRANSFORMATION:  Data, Cyber Security, AI      link

MilitiaMan and KTFA Members Sunday Evening 12-22-19

KTFA:

Don961:  Zain Cash Announces Its Partnership With The National Bank Of Iraq

To facilitate all financial transactions for employees

December 22, 2019   LINK  

MilitiaMan:  Thank you Don961, always nice to get your input and with these two articles from Zain, today we Rasheed and yesterday it was Rafidain Bank talking about electronic banking and payment services, goes far to suggest things have changed.

This is now about the competition factor gearing to play out. The citizens now will have more choice and those that don't have accounts yet will be able to shop around and especially those that are not government employed that may be more likely to have to use the Rasheed and Rafidain Banks..

 Another sign they are ready for the new phase to start. A new phase with less physical cash and more electronic movement of money. imo ~ MM

Iobey777:  IMO...More INTERNATIONAL proof!!! Sure looks like they are getting ready!

Samson:  Anger reveals the size of Iraqi oil and gas reserves and reserves

16:02 - 21/12/2019
The Deputy Prime Minister for Energy and Oil Minister Thamer Abbas Al-Ghadban expected, on Saturday, to add new quantities of oil and gas to the Iraqi reserves during the coming period, while the ministry revealed the stock of Iraq from this wealth.

Al-Ghadban said in a statement that he received / information / a copy of it, “Technical studies and geological research prepared by the specialized team have indicated that there are large areas in the western region, as well as the central and southern governorates of Iraq. include hydrocarbon compositions and promising opportunities for investment contribute to adding large new quantities. To the size of the oil reserves and then to the reserves of hydrocarbon wealth (oil, gas). ”

He added: "Promising new areas will enter the traditional production system, which requires us to update the figures related to the size of oil reserves and reserves. The Ministry will announce this after the completion of the preparation and collection of information related to this matter, and this is what makes Iraq occupy an advanced position in the global classification."

For his part, the spokesman for the ministry, Assem Jihad, said that "the oil and gas reserves are estimated at more than 112 billion barrels and the reserves that exceed 143 billion barrels." 

https://oilprice.com/oil-price-charts

MilitiaMan:  At $71.44 a barrel that is some serious value to be had for the Citizens and there new HCL payments to come.. Cha Ching... I am not sure but the math is in the 10 trillion range..  That doesn't include, taxes, tariffs, agriculture, tourism, etc... imo ~ MM

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Samson:  Trump: Signing of trade agreement with China "very soon"

12/22/2019 10:48

US President Donald Trump said that the United States and China will sign a preliminary trade agreement "very soon". He added, in Florida yesterday, Saturday, "We have achieved a breakthrough regarding the trade agreement and we will sign it very soon."

The so-called "one-stage agreement" was announced earlier this month as part of efforts to end the ongoing trade war between the world's two largest economies for months, which led to market turmoil and affected global growth.

Under the agreement, the United States agreed to reduce part of the tariffs on Chinese goods in exchange for a significant increase in China's purchases of US agricultural products.

Last week, Treasury Secretary Stephen Mnuchin said the agreement would be signed in early January, adding that "the agreement has already been translated and is being revised technically."   LINK

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Samson:  Foreign investors are starting to withdraw from Iraq

22nd December, 2019

The Associated Press revealed that foreign investors started to withdraw from Iraq due to the repercussions of the demonstrations taking place in the country and the accompanying acts of violence and sabotage.

The agency said in a report that until now the disturbances did not seriously affect the main artery of the Iraqi economy, that is, oil, which generates 6-7 billion dollars per month, equivalent to 90 percent of the country's income, and oil exports did not face any cuts, he said. Senior officials of the Ministry of Oil.  She added, that production was also not affected by the repeated sit-ins and the closure of roads leading to the major oil fields in the south, where the bulk of Iraq’s oil resources were located, but future investments are now under threat.

The agency quoted "Zap Sethna", one of the founders of "Partners in the Northern Gulf", an investment company with work experience in Iraq, as saying that foreign investors are withdrawing from deals in the energy sector and other sectors as well. "We had American supporters ready to participate and to pump money into Iraq, but they turned back on their heels," said Sethna.  The agency noted that there are other investors worried about the slow pace of forming the new government after the resignation of Prime Minister Adel Abdul Mahdi under the pressure of protests.

It is expected that the political blocs will name a new consensus candidate during this week to assume the post of prime minister.  LINK