KTFA Members "News and Views" Saturday PM 6-13-2020
.KTFA:
Samson: End of 2020 ... Baghdad and Washington sign a strategic treaty
13th June, 2020
A security and strategic expert, Hisham Al Hashemi, expected on Saturday that Baghdad and Washington will sign a strategic treaty at the end of this year.
Al-Hashemi said: "We expect to sign an Iraqi-American strategic treaty paper, according to the dialogue that will take place in July based on the terms of the agreement concluded in 2008."
Hashemi added, "The Iraqi negotiator was able to extract from the Americans the approval of the parliamentary decision that was issued in January this year regarding the withdrawal of foreign forces from Iraq."
He stressed, "Iraq in its previous dialogues could not impose a specialized sentence and delete another except in the 2020 dialogue."
KTFA:
Samson: End of 2020 ... Baghdad and Washington sign a strategic treaty
13th June, 2020
A security and strategic expert, Hisham Al Hashemi, expected on Saturday that Baghdad and Washington will sign a strategic treaty at the end of this year.
Al-Hashemi said: "We expect to sign an Iraqi-American strategic treaty paper, according to the dialogue that will take place in July based on the terms of the agreement concluded in 2008."
Hashemi added, "The Iraqi negotiator was able to extract from the Americans the approval of the parliamentary decision that was issued in January this year regarding the withdrawal of foreign forces from Iraq."
He stressed, "Iraq in its previous dialogues could not impose a specialized sentence and delete another except in the 2020 dialogue." LINK
Samson: America is looking to move the relationship with Iraq to a new stage and level that is not related to the number of troops
13th June, 2020
US State Department spokeswoman Morgan Ortigas confirmed that the strategic dialogue between the United States and Iraq is the first step towards the United States continuing to seek stability in Iraq.
She explained, according to "Sky News Arabia" that "the United States pledges to achieve a sustainable defeat for ISIS, but is looking to move the relationship to a new stage and level that is not only related to the number of forces."
Ortigas stated that "ISIS is not the only challenge in Iraq, but also Iran's evil activities." She stressed that "Washington's maximum pressure campaign against Iran is not only for nuclear weapons but for its behavior in the region." And she demanded, "We want the neighbors of Iraq and all the governments in the region to deal with Iraq as a responsible neighbor without interfering in its affairs and supporting the new prime minister and his team."
On Thursday, the US and Iraqi governments announced in a joint statement after the launch of their "strategic dialogue" that the United States "will continue to reduce" its military presence in Iraq "in the coming months." LINK
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Samson: Hours after the end of the "negotiations" .. America talks about an "open stay" in Iraq
10:20 - 13/06/2020
On Saturday, the US State Department praised the strategic dialogue between Baghdad and Washington, stressing its survival at the military, security, political, and commercial levels in Iraq and the start of expanding relations.
The ministry's spokesperson, Morgan Ortagius, said in an interview followed by "The Information", that her country "wants all parties and components to have representatives in the Iraqi government, adding that the United States will remain as the largest humanitarian aid provider to Iraq."
She added, “The strategic dialogue between America and Iraq was positive, and we will remain in Iraq until the elimination of ISIS ," without specifying a period for withdrawal.
"We are satisfied, and there is no doubt that the strategic dialogue between the United States of America and Iraq is just a first step, and this step is very positive, and we see it as a way to deepen bilateral relations with Iraq." LINK
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Pattycakes77: Iraq is playing games at this point. They need to bring Vietnam to the front line
Bambi: I believe our Appointed President Donald Trump is rolling out this MR in Iraq just as planned. NO GAMES! The timing is part of the Plan. The confusion is part of the Plan in this end game we are watching unfold right before our eyes.
GodLover: The ISX has yet to update another closure per their site imo. I am really hoping I will be wrong on them resuming trading next week at the pr imo. I would be really encouraged if they are closed for another week or two, since I am convinced other things need accomplished prior to a rate change imo.
As I had stated previous....the Kurds are still an issue. They are to meet next week (per articles) & can hopefully finally get things officially resolved for good imo. I also believe the 2020 budget cannot be sent without this being resolved imo.
Also the mentioned "reform papers" per articles that are required to accompany the 2020 budget, I find that very interesting imo. We also know that they are "planning" on sending the 2020 budget by the end of this month per articles imo.
Samson: Parliament sets internal borrowing at 40 trillion dinars, and external at 5 billion
13th June, 2020
The House of Representatives intends to vote on a resolution setting internal borrowing at 40 trillion dinars and externa at 5 billion dollars.
Committee member Ahmed Al-Saffar said, "Any deductions from the employees' salaries must be by law that is voted upon in the parliament." He added that "the financial committee met with the ministers of finance and planning, the governor of the central bank, the undersecretaries of the two ministries and advisors in order to find solutions to the financial crisis and to discuss the internal and external borrowing law of the government."
He revealed, "The close to voting on a draft resolution within the House of Representatives that includes limiting external borrowing to (5 billion dollars) and internal (40 trillion dinars) from local banks and the central bank."
He pointed out that "there is a condition that obliges the government, after voting on the draft resolution in the House of Representatives, which is to submit after 60 days a reform paper that works towards a fundamental change in the budget items and non-oil revenues." LINK
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Samson: World Bank's Neman: 'Critical Time' as Iraq
13th June, 2020
After months of anti-government protests and political uncertainty, Iraq is now grappling with its worst fiscal crisis in decades.
The country's economy and state budget are heavily reliant on oil income, and have been hit hard by the sharp decline in global oil prices.
The World Bank has projected Iraq's GDP to contract by 9.7 percent, with the fiscal deficit expected to reach almost 30 percent of GDP. Iraq's newly appointed government, led by Mustafa al-Kadhimi, is now faced with a challenging task of implementing long-overdue structural reforms, such as reducing public sector employment while also keeping popular unrest at bay.
But what are the root causes of the current economic crisis and what needs to be done to tackle it? And how can the new government overcome entrenched political interests that oppose reform while also winning over a public that has lost all trust in the political establishment?
Ramzi Neman, the World Bank's special representative to Iraq, talks to Al Jazeera :
25 MIN LONG VIDEO IN ENGLISH LINK
HoosierGirl: Well well well, as he states (about the 19 min mark) The Kuwait Conference (the one that was such a big deal and resulted in 30 billion in potential contracts) "what happened after that unfortunately was not followed up properly". In other words - Iraq didn't follow thru on their MONETARY REFORM - REINSTATEMENT!!! I haven't listened to it all word for word, but skimmed thru it and this did catch my attention!
MilitiaMan: Well as we can see that this is about concerns, but, keep in mind they are being met, imo.. They have been working on alternatives and now is the time to implement those that will support the country into a new market economy. An all new Iraq from the foundation up.. imo ~ MM
MilitiaMan: I watched it and we are seeing his view unfold in respect to going to a market economy.. The money may vry well be still available. A bit vague yet was promising. Good video. Those that have had a rough go of the study may find peace in knowing that the WB was aware of the ebb and flow for varying reasons to as why reforms were not fully finished, yet. ! They driver of the bus has his foot on the accelerator!!! Just look what the PM has said!! ~ MM
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Samson: The central bank will pump 30 million dollars into the market, enough for a week in Lebanon
13th June, 2020
The Syndicate of Money Changers in Lebanon announced that the central bank will pump 30 million dollars into the market, which could be enough for a week, in implementation of the agreement reached with the government to curb the high price of the dollar.
The Syndicate of Money Changers, according to what our correspondent in Beirut reported, that the cashiers will sell the dollars that the Central Bank provides to importers, provided that the presentation of official papers is shown, noting that the $ 30 million is sufficient for one week. The union announced in a statement today, the price of the US dollar exchange rate against the Lebanese pound for Saturday and Sunday, buying at a price of 3890 a minimum, and selling at a price of 3940 a maximum.
The protests erupted yesterday, for the second day in a row, in several Lebanese cities after the collapse of the lira, which lost about 70% of its value since last October, when Lebanon sank into a financial crisis that exacerbated the living conditions. The lira appeared to hold on Friday after the government announced that the central bank would pump dollars into the market.
However, as the night fell, the demonstrators threw fireworks and stones at the security forces in central Beirut and the city of Tripoli in the north, and the police responded by firing tear gas and rubber bullets to repel them, in the second night of unrest.
The unrest comes as Beirut talks with the International Monetary Fund about a reform program in which it hopes to get billions of dollars in funding from the fund to get its economy back on track.
The financial crisis in Lebanon, which was aggravated by decades of corruption and waste, caused food prices and unemployment to rise, and imposed capital restrictions that prevented the Lebanese from obtaining their savings in foreign currencies. LINK
Samson: The lira is setting fire to the Lebanese street ... The disastrous economic conditions are causing anger
14th June, 2020
The situation in Lebanon has increased in complexity day after day, and the economic and financial crisis has gone from bad to worse, with the exchange rate of the dollar against the Lebanese pound crossing the threshold of 6,500 in the black market during the past two days, with a decrease in the purchasing value of the Lebanese due to the crazy rise in consumer prices, which led to a tumultuous night witnessed The country was marked by clashes and riots between demonstrators, riot police and the Lebanese army as part of ongoing protests to condemn the collapse of the lira and the deterioration of the living situation in the country despite the decision of the Hassan Diab government to pump the dollar to curb the decline in the local currency exchange rate and stop the economic collapse.
The collapse of the lira
After the lira collapsed and lost about 70% of its value since last October, when the country plunged into a financial crisis that exacerbated the living conditions, citizens were forced to demonstrate and protest in protest at the conditions the country is going through after the collapse of the lira, the protest and the protest that amounted to cutting off the roads that the army opened to open it Which led to clashes between the two parties in front of the headquarters of the Central Bank in the capital, Beirut.
Although the lira held on Friday after the government announced that the central bank would pump the dollar into the market on Monday, but the demonstrators returned at nightfall, and they threw security forces with fireworks and stones in central Beirut and the city of Tripoli in the north, and the police responded by firing tear gas and rubber bullets to repel them. .
IMF talks
Beirut is in talks with the International Monetary Fund on a reform program in which it hopes to obtain billions of dollars in financing and return its economy to the right path, after the crisis caused food prices and unemployment to rise and impose capital restrictions that prevented the Lebanese from obtaining their savings in foreign currencies.
And the exchange rate touched the threshold of five thousand pounds against the dollar, while local media reported at night that the price exceeded six thousand, despite the exchange union setting the daily exchange rate by about four thousand, while the official price remains fixed at 1507 pounds.
The Cabinet asked the security services to "strictly crack down on all violations and refer them immediately to the appropriate judicial references", coinciding with the announcement by the General Security of the arrest of five people who carry out money exchange operations on the black market.
Huge losses
Economic sources reported that several companies and institutions stopped delivering goods for fear of the Lebanese pound recording additional collapse, which reflects a loss in the companies ’capital, and international reports and research had estimated that about a million Lebanese would be without jobs and salaries in the second half of this year. LINK
How Becoming the Breadwinner Changed My Perspective on Money
.How Becoming the Breadwinner Changed My Perspective on Money
By Sarah Li Cain — Apr 14, 2020
My marriage has always been equal with regard to decision-making. That’s why it pains me to admit how much I relied on my husband to handle the paperwork for our finances a few years ago.
Maybe it’s because I was a Canadian living in the States. Perhaps it was impostor syndrome.
Whatever the reason, I thought as long as my husband had a sizable life insurance policy, that was all that mattered. (What is life insurance?)
I’d quit my job as a teacher when we moved and wasn’t exactly contributing to the household finances. I thought life insurance was for those who were earning a regular salary (like my husband) and there were others who would need the payout (like me).
Sure, I was earning a bit of side hustle income as a freelance writer, but at that point it was barely enough to pay for childcare.
Then my career as a freelancer took off and I surpassed my husband’s income, making more than twice his take home pay! My earnings flowed toward the mortgage, extra house payments, retirement savings and our son’s future college expenses.
How Becoming the Breadwinner Changed My Perspective on Money
By Sarah Li Cain — Apr 14, 2020
My marriage has always been equal with regard to decision-making. That’s why it pains me to admit how much I relied on my husband to handle the paperwork for our finances a few years ago.
Maybe it’s because I was a Canadian living in the States. Perhaps it was impostor syndrome.
Whatever the reason, I thought as long as my husband had a sizable life insurance policy, that was all that mattered. (What is life insurance?)
I’d quit my job as a teacher when we moved and wasn’t exactly contributing to the household finances. I thought life insurance was for those who were earning a regular salary (like my husband) and there were others who would need the payout (like me).
Sure, I was earning a bit of side hustle income as a freelance writer, but at that point it was barely enough to pay for childcare.
Then my career as a freelancer took off and I surpassed my husband’s income, making more than twice his take home pay! My earnings flowed toward the mortgage, extra house payments, retirement savings and our son’s future college expenses.
This new reality forced me to think about what would happen if I were gone. Could my husband afford the mortgage without my income? Could he retire comfortably without my future financial contributions? What would happen to my son’s college fund if I weren’t there?
The shift to being a breadwinner forced me to stop being so scared about tackling my estate planning. After all, I didn’t want to leave my family in a financial mess if I were to pass away. Or worse, if my husband and I both passed away and my young son was left to fend for himself.
I was still nervous, but my husband and I got our paperwork in order. It was way more emotional than anticipated (especially when it came to deciding on guardianship) but sorting out our paperwork ended up being invaluable.
Deciding on a Life Insurance Policy
I was still pondering how my role as a breadwinner would change our family dynamics when one of my friend’s relatives suddenly passed away. Watching my friend grieve was gut-wrenching.
Piling complications on top of grief, this relative’s surviving spouse couldn't afford the funeral costs, and Social Security wasn’t enough to cover her living expenses. This relative had to beg family for financial help.
My friend and I chatted for a good while about how we wouldn’t want our spouses to be in the same situation. This convinced me to pick a life insurance policy that reflected the fact I am contributing so much financially. I wanted to ensure that the payout would more than cover our mortgage and our son’s college expenses. Full-time childcare isn’t exactly cheap so I wanted to make sure there were enough funds to cover that amount.
To continue reading, please go to the original article here:
https://meetfabric.com/blog/how-becoming-the-breadwinner-changed-my-perspective-on-money
X22 Spotlight, Pimpy and C365 Saturday 6-13-2020
.This Is What The [CB]/Globalist Fear The Most, Infrastructure Is The Key: Max Porterfield
X22 Report Spotlight: Jun 13, 2020
Todays interview is with Max Porterfield, Max discusses the economy after the pandemic on how it will recover and how the gold and silver prices will rise.
The economy is now transitioning into a peoples economy and the one the [CB]/globalist fear the most is rebuilding the infrastructure.
Building the infrastructure will create jobs, businesses, industries allow the economy to have a strong foundation.
This Is What The [CB]/Globalist Fear The Most, Infrastructure Is The Key: Max Porterfield
X22 Report Spotlight: Jun 13, 2020
Todays interview is with Max Porterfield, Max discusses the economy after the pandemic on how it will recover and how the gold and silver prices will rise.
The economy is now transitioning into a peoples economy and the one the [CB]/globalist fear the most is rebuilding the infrastructure.
Building the infrastructure will create jobs, businesses, industries allow the economy to have a strong foundation.
Iraqi Dinar News 06/13/20 - Iraqi sovereignty is the goal
Pimpy’s Investment Chat: Jun 13, 2020
Currency 365
Iraq Employees & Retirees Prepare Streets For Climax
Jun 13, 2020
Restored Republic via a GCR- Rumors as of Sat. June 13, 2020
.Thank you Judy
Restored Republic via a GCR: Update as of Sat. 13 June 2020
Compiled Sat. 13 June 12:01 am EDT by Judy Byington
Divide They Try, Fail They Will, WWG1WGA to Support POTUS, Follow Q & Trust Plan
Judy Note: Most sources were now saying Mon.-Tues. 15, 16 June for release of the 800#s and setting of appointments, with an expected NESARA/GESARA release on that Tues. 15 June.
Evidently the delay surrounded a list that was presented to the Chinese Elders of around 3,000 high profile Cabal members whose names were on sealed indictments about to be unsealed and served. They didn’t want the Deep State to get a hold of RV monies, so the arrests were important to have under control.
Thank you Judy
Restored Republic via a GCR: Update as of Sat. 13 June 2020
Compiled Sat. 13 June 12:01 am EDT by Judy Byington
Divide They Try, Fail They Will, WWG1WGA to Support POTUS, Follow Q & Trust Plan
Judy Note: Most sources were now saying Mon.-Tues. 15, 16 June for release of the 800#s and setting of appointments, with an expected NESARA/GESARA release on that Tues. 15 June.
Evidently the delay surrounded a list that was presented to the Chinese Elders of around 3,000 high profile Cabal members whose names were on sealed indictments about to be unsealed and served. They didn’t want the Deep State to get a hold of RV monies, so the arrests were important to have under control.
Late Wed. evening 10 June three large tranches of monies dedicated to the RV were released from the Collateral Account Rodriquez Trust.
At 11:11 am EDT Thurs. 11 June a soft announcement of our gold-backed USN was made to the financial community. Also on Thurs, the Chinese started selling off the US Bonds, which stimulated a Market Crash – another step toward ridding the world of the fiat US dollar. Bankers were told that the start was imminent, with liquidity, funds, notifications and PP deliveries partially released.
Fri. 12 June: Fleming's Military Intel Contact texted that “Contract and ZIM Rates would remain unchanged for Tier 4b under the Chinese release scenario, as Judy Shelton has accomplished as of Fri. 12 June.”
Mon. 15 June: By contract Trump had until Mon. evening 15 June to release the 800#s for Tier 4b before the Chinese took over to release the 800#s on Tues. 16 June.
Tues. 16 June: Drop Dead Deadline for the 800#s Release and NESARA/ GESARA to start.
Wed. 17 June: Anna Von Reitz: “Federal governmental services corporations were in bankruptcy and in March 2020 Washington was closed down for 90 days, the end of which was technically on Wed. 17 June, officially on Mon. 22 June.”
It was assumed that the redemption/ exchange deadline for appointments would be extended to the end of the month of June.
A. Thurs. 11 June 2020 Q !!Hs1Jq13jV6 No. 9575034
https://www.judiciary.senate.gov/press/rep/releases/chairman-graham-announces-committee-to-consider-subpoena-authorization-related-to-oversight-of-fisa-process-crossfire-hurricane-investigation
Committee approved https://www.axios.com/senate-judiciary-subpoena-russia-investigation-65085cd6-8787-4b35-92f1-c5b6e7272c76.html
Why it matters: Graham now has sweeping authority to subpoena documents and more than 50 individuals related to the Russia investigation, including former FBI director James Comey, former CIA director John Brennan and former Director of National Intelligence James Clapper.
Q
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B. Exchange and Redemptions:
June 9 2020 email from Frank Templeton of Templeton Collectibles: https://templetoncollectibles.com, franktempleton@optimum.net “Zim Bonds and Zim Notes refer to the same thing. Folks are expecting them to be treated like a bond.”
Wells Fargo would send out 527,000 + emails to currency and Zim holders containing a coded 800 number to call for appointments and a Secure Website to obtain redemption/exchange information.
The code was an individualized ID number connected to your Social Security number for you to take through the redemption process. Take that ID number to your appointment. Do not give out the coded 800# to anyone as it was connected to your Social Security number and personal banking account and could only be used once for your personal appointment.
If you did not receive an email, then you could find a general 800# and the Secure Website on websites as below. Clicking on that Secured Website or calling that 800# would give you your personalized coded 800# ID number for the redemption process.
They wanted as many Zim holders as possible to redeem their Zim in the first four days after the 800#s and email notifications went out. When you called the 800# let them know if you had Zim as it could change where you did your redemption. Any currencies you had would be exchanged at the same time as your Zim Bonds.
A general 800# to call, plus the Safe Link Website also would be available on these links:
Dinar Chronicles: http://www.dinarchronicles.com
Dinar Recaps: https://www.dinarrecaps.com/our-blog
MarkZ: https://www.twitch.tv/theoriginalmarkz
Bruce: http://bigcalluniverse.com/callarchive/
TNT Tony: https://twitter.com/the_tnt_team
Dinar Detectives: https://dinardetectives.com/
In your exchange it was advised to be transparent, cooperative and answer questions honestly so that you wouldn’t be suspect of gaining exchange proceeds for criminal or terrorist purposes.
At your first appointment (15-30 min), if you want more than the default rate package on your currencies and ZIM, you could ask for the higher Contract Rates – in which case they would extend the first appointment to 90 minutes. Then be prepared to present your project(s) outline to the exchange bankers and/or choose among the list 250 sanctioned projects that they would present you in order to receive the higher rates (you can choose one or more of the 250 projects alongside or instead of your projects for higher rates).
If you were not satisfied with the rate offered at the end of the 90-minute first appointment just politely tell them so, and they would then give you an SKR (safe keeping receipt) and you would immediately tell your assigned Wealth Manager to lead you through steps during the next 72 hours (the legal rescission period during which you could legally change any signed agreements).
Your SKR from your redemption / exchange would be good for six months, during which your assigned Wealth Manager would help you choose a Trust Company (Abbott Downing, Merrill Lynch, etc, or equivalent) and your WM and Trust Company team would be happy to negotiate for you for the higher rates.
The Non Disclosure Agreement (NDA) would be for 90 days, though the Department of Defense security teams have said that they would extend the NDA and NSA monitoring of the currency holder's financial transactions for more than 90-days if there was reason to do so.
It’s All About the Children
It’s not about the money. It’s about the children – the thousands of malnourished and traumatized children. The first official act President Trump made the morning he was sworn into office was to pay a visit to CIA Headquarters and declare a war on an international Child Sex Trafficking Ring run by global elites. Let us fast and pray for these little ones who were now being rescued from Cabal underground tunnels across the globe, and tortured and killed by Satanic Covens right next door. Let us also pray for those Military Troops worldwide who were risking their own lives to save them. The ancient doctrine of Fasting and Prayer was explained here at the 10:30:32 mark: https://www.youtube.com/watch?v=4Mb9gU6DmKs
If you wished to join the effort in saving children from international sex trafficking, contact Tim Ballard at Operation Underground Railroad: https://ourrescue.org/about/ https://www.youtube.com/watch?v=FT4tmI8YxCU&feature=emb_rel_end
U.S. Immigration and Customs Enforcement (ICE) investigated violations of criminal law ranging from child exploitation to transnational gangs inside and outside the US, including rape, torture and murder of children by followers of Satan. You could use this form to report suspected criminal activity: https://www.ice.gov/webform/hsi-tip-form
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Judy Note: I do not now, nor have I ever, received monies for writing my Updates and articles. The compensation has been in having outlets to help Save the Children by exposing truths about the very secretive Satanic Ritual Abuse, Pedophilia and Child Sacrifice that was rampant in our international society.
The above was a summary of information from the Internet. It would be up to the reader to do their own research and decide whether or not it was valid. A Thank You to those dedicated and brave Intel providers who wished to remain unknown; to humble Wildfire Lady who was adept at exposing the truth; to Martha who worked around the clock to discern what was real in the fake news; to Brad who did great research and Ken who uncovered almost unlimited Intel on pedophilia to help us Save the Children.
Divide They Try, Fail They Will, WWG1WGA to Support POTUS, Follow Q & Trust Plan
Let us Thank Q that the reset has finally come to be. I wish you well in your humanitarian efforts and look forward to seeing you on the other side where together, we will make life better for all.
Patience is a Virtue. Having Virtue is a sign of a good moral being. Good moral beings have the power to overcome evil and change the world. Judy
Courtesy of Dinar Chronicles
https://inteldinarchronicles.blogspot.com/2020/06/restored-republic-via-gcr-update-as-of_13.html
News, Rumors and Opinions Saturday Morning 6-13-2020
.TNT:
Eccle519: You have to remember, the US planned this RV thing to prosper the US Treasury and wasn't counting on people finding out...it's all good or they would not have printed all that Dinar to be sold outside Iraq. On that note, it seems we were meant to participate and buy this IQD
SwampyJack: historically have purchased my VN Dong from Wells Fargo both in the branch and on line. Today I went to order my usual amount of Dong... and the order was refused. No reason given as I was on line purchasing... I tried several times, but no go.. Maybe that will be a signal for us. Who knows?
Jwatchbrit: I went to my Chase branch today to buy dong and it was not on their screen either and the bank manager verified she could not order it.
Briona: I believe massive amounts of VND have been bought in the recent months in anticipation of the revaluation. Much more than one would expect for normal travel expectations, so I can see there being shortages
TNT:
Eccle519: You have to remember, the US planned this RV thing to prosper the US Treasury and wasn't counting on people finding out...it's all good or they would not have printed all that Dinar to be sold outside Iraq. On that note, it seems we were meant to participate and buy this IQD
SwampyJack: historically have purchased my VN Dong from Wells Fargo both in the branch and on line. Today I went to order my usual amount of Dong... and the order was refused. No reason given as I was on line purchasing... I tried several times, but no go.. Maybe that will be a signal for us. Who knows?
Jwatchbrit: I went to my Chase branch today to buy dong and it was not on their screen either and the bank manager verified she could not order it.
Briona: I believe massive amounts of VND have been bought in the recent months in anticipation of the revaluation. Much more than one would expect for normal travel expectations, so I can see there being shortages.
Tishwash: United Nations: We have implemented more than 2,380 projects in Iraq
Resident Representative of the United Nations Development Program in Iraq, Zina Ali Ahmed, Saturday, announced the implementation of more than 2380 projects in Iraq as part of efforts to restore stability, with cash assistance to poor communities and grants to families headed by women
, and Ahmed said, according to the official newspaper , "The United Nations Development Program supports the Government of Iraq in a number of programs, and there are two major programs that are currently being implemented, namely, the Stabilization Project and the Corona Response Program."
She added, "So far, $ 1.3 billion has been obtained from 27 donors, in addition to the government of Iraq, as this funding has enabled us to complete more than 2,380 projects, of which 570 are about to be completed in important sectors such as water, electricity, education, and health." The project also helped 4.6 million displaced people return to their homes. "
She noted that "as a result of the war against the terrorist" ISIS ", the United Nations Development Program in Iraq began its work to restore stability to the liberated areas in mid-2015, focusing on rehabilitating basic infrastructure, providing short-term job opportunities, and supporting the government to provide quality services Better and foster societal cohesion. link
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Tishwash: Government source: The strategic dialogue between Baghdad and Washington has achieved Iraqi success
Adviser to the Prime Minister Hisham Daoud said, on Saturday 13 June 2020, that Iraq is open to cooperation with any country except Israel for initial reasons.
Dawood said in a press statement followed by “Al-Masala” that the strategic dialogue between Baghdad and Washington is at least Iraqi and has achieved success, explaining that there is no veto from Iraq to cooperate and deal with countries in the world except Israel for initial reasons, adding that the relationship with the countries of the region and the world is open On the basis of positive neutrality and the interest of Iraq, and on this basis, cooperation and cooperation between Baghdad and Washington will take place.
And David said that the relationship between Baghdad and Washington did not stop for many years, but due to the recent international circumstances imposed by the Corona virus, travel and direct communication between the countries of the world has become difficult, not only between Iraq and the United States, and once these conditions improve, meetings will take place at a higher level.
He considered that most of the statements and accusations against the dialogue between Baghdad and Washington were not fair, and did not take into account the truth and content of this dialogue, and did not pay attention to what the Iraqi government headed by Mustafa Al-Kazimi wanted, adding the dialogue directly and explicitly indicating the United States’ support for Iraq’s sovereignty and assistance in various fields, and its support In international forums, in addition to reducing the number of American forces according to Iraq’s need, and the United States’s unwillingness to establish any bases and a stable military presence in our country, these are key points that are in the interest of Iraq today and tomorrow. link
Courtesy of Dinar Guru
Bruce ...what I’m getting is that it looks as though from my information...from my sources...this is not coming from the internet...not online...it’s not coming from anybody else that’s putting information out...but this is coming from MY sources that seem to say that the 15th/16th which is Mon/Tues...is the timeframe that's been noted for this to be released to...US... we believe that things are at the point where we think it’s about to go...I hope we go sooner rather than later...
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"12 States are Beginning to Accept Gold/Silver" by Sabre - 6.13.20
That's right! 12 states are in various stages of legislation to accept metals as cash. Removing taxation from metals is a common theme among most of the 12.
https://gsiexchange.com/states-gold-silver-become-legal-tender/
https://inteldinarchronicles.blogspot.com/2020/06/12-states-are-beginning-to-accept.html
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Vietnam Dong News 06/12/20
Pimpy’s Investment Chat: Jun 12, 2020
How Unpaid Debt Is Handled When A Person Dies
.How Unpaid Debt Is Handled When A Person Dies
May 28 2020 Sarah O’Brien@SARAHTGOBRIEN
Key Points
*Creditors generally try to collect what’s owed to them by going after the decedent’s estate during a process called probate.
*There are instances, however, where the surviving spouse, or another heir, may be legally responsible.
*Some assets don’t count as part of a person’s estate for probate purposes.
It’s not unusual for a person to pass away and leave behind some unpaid debt.
For the heirs — typically the surviving spouse or children — the question often is what, exactly, happens to those obligations. The answer: It depends on both the type of debt and the laws of the state.
A person’s assets — no matter how meager or massive — become their “estate” at death. That includes their financial accounts, possessions and real estate. And, generally speaking, it’s the estate that creditors go after when they try to collect money that they’re owed.
How Unpaid Debt Is Handled When A Person Dies
May 28 2020 Sarah O’Brien@SARAHTGOBRIEN
Key Points
*Creditors generally try to collect what’s owed to them by going after the decedent’s estate during a process called probate.
*There are instances, however, where the surviving spouse, or another heir, may be legally responsible.
*Some assets don’t count as part of a person’s estate for probate purposes.
It’s not unusual for a person to pass away and leave behind some unpaid debt.
For the heirs — typically the surviving spouse or children — the question often is what, exactly, happens to those obligations. The answer: It depends on both the type of debt and the laws of the state.
A person’s assets — no matter how meager or massive — become their “estate” at death. That includes their financial accounts, possessions and real estate. And, generally speaking, it’s the estate that creditors go after when they try to collect money that they’re owed.
“Fortunately for surviving spouses or other beneficiaries, in most cases that debt isn’t something they’d be responsible for,” said certified financial planner Shon Anderson, president of Anderson Financial Strategies in Dayton, Ohio.
However, there are some exceptions.
First, though, some basics.
The process of paying off all your debt after your death and then distributing any remaining assets from your estate to heirs is called probate. Each state has its own laws governing how long creditors have to make a claim against the estate during that time. In some places it’s a few months. In other states, the process can last a couple of years.
Each state also has its own set of rules for prioritizing debt that should be paid from the estate, said Steven Mignogna, a fellow with the American College of Trust and Estate Counsel.
“In most states, funeral expenses take priority, then the cost of administering the estate, then taxes and then most states include hospital and medical bills,” Mignogna said.
However, he added, not all of a person’s assets necessarily are counted as part of an estate for probate purposes.
For instance, with life insurance policies and qualified retirement accounts (e.g., a 401(k) or individual retirement account), those assets go directly to the person named as the beneficiary and are not subject to probate. Additionally, assets placed in certain types of trusts also pass on outside of probate, as does jointly owned property (e.g., a house) as long as it is titled properly.
In fact, a person could pass away with an insolvent estate — that is, one lacking the means to pay off its liabilities — and yet have passed on assets that didn’t go through probate and generally can’t be touched by creditors.
To continue reading, please go to the original article here:
https://www.cnbc.com/2020/05/28/heres-how-unpaid-debts-are-handled-when-a-person-passes-away.html
A Second Coronavirus Stimulus Check May Be Coming
.A Second Coronavirus Stimulus Check May Be Coming
Megan Henney, Fox Business June 12, 2020
A second coronavirus stimulus check may be coming. Here's how much money you could get
Earlier this week, Treasury Secretary Steven Mnuchin suggested the Trump administration was considering sending Americans another round of stimulus checks to offset the financial pain caused by the coronavirus pandemic and the related economic lockdown.
"I think we’re going to seriously look at whether we want to do more direct money to stimulate the economy," Mnuchin said Wednesday while testifying before the Senate Committee on Small Business and Entrepreneurship.
A Second Coronavirus Stimulus Check May Be Coming
Megan Henney, Fox Business June 12, 2020
A second coronavirus stimulus check may be coming. Here's how much money you could get
Earlier this week, Treasury Secretary Steven Mnuchin suggested the Trump administration was considering sending Americans another round of stimulus checks to offset the financial pain caused by the coronavirus pandemic and the related economic lockdown.
"I think we’re going to seriously look at whether we want to do more direct money to stimulate the economy," Mnuchin said Wednesday while testifying before the Senate Committee on Small Business and Entrepreneurship.
It's unclear what specific policies the White House is exploring, but there are several proposals — from Democrats and Republicans alike — on the table that would get money directly into the hands of a significant chunk of Americans.
One such package, the $3 trillion HEROES Act passed by House Democrats in May, would send another round of $1,200 checks to American adults and children and expand the number of people who are eligible to receive the government aid. One criticism of the CARES Act, which sent up to $1,200 to Americans earning less than $75,000, was that it did not include older teens and college students.
But the HEROES Act broadens the scope of the money to include those individuals. The payments would be capped at $6,000 per household.
To see how much money you would receive through the HEROES Act, you can use this online calculator provided by Omni.
Some Democrats have proposed a more aggressive approach to stimulus measures. At the beginning of May, Sens. Kamala Harris, D-Calif., Bernie Sanders, I-Vt., and Ed Markey, D-Mass., unveiled a bill that would give most Americans a monthly payment of $2,000 until the virus begins to fade — a nod to universal base income championed by former Democratic presidential candidate Andrew Yang.
Similar to a House bill proposed in mid-April, the senators called for $2,000 cash payments to every American who earns less than $120,000. It would expand to $4,000 for married couples and also provided an extra $2,000 for each child up to three. That means families with three children could theoretically receive $10,000 per month.
Republicans, meanwhile, have pitched a back-to-work bonus for unemployed Americans returning to their jobs.
More than 44 million Americans have lost their jobs as a result of the coronavirus-induced economic shutdown, a rate unseen since the Great Depression. But Republicans have voiced concern that extra unemployment benefits of $600 a week are actually discouraging some workers from returning to their jobs. The sweetened benefits are set to expire at the end of June.
To continue reading, please go to the original article here:
https://www.yahoo.com/news/second-coronavirus-stimulus-check-may-134613683.html
TNT, Bix, Pimpy, C365 and more Friday Night 6-12-2020
.TNT:
TotallyBlessed: This is NOT meant to start rumors but someone who's been here a while, help me remember. Didn't Tony say a long time ago that they expected the sale of the currency to end a few days in advance of a rate change? Or did I imagine that.
Rogue: imagine.... it would be a very big telltale....
Lobodeiro: Totally, it’s been said days, weeks, and hours. Any of them could be right. But if this goes to October to right before the election I would not be shocked
RVAlready: With Iraq in miserable economic shape, I think the RV will be sooner than later. I would think that October would be pretty disastrous for them.
CharlieOK: Come on rv. IMO It is beyond obvious that IRAQ IS NOT IN CHARGE OF THIS. Hmmm. If that is true, it is also obvious that one should concentrate on the gcr NOT the rv….. Keep your eye on the gcr. The only thing Iraq has to do with anything (and they'll probably screw that up) IS RVING THEY'RE OWN CURRENCY…..
TNT:
TotallyBlessed: This is NOT meant to start rumors but someone who's been here a while, help me remember. Didn't Tony say a long time ago that they expected the sale of the currency to end a few days in advance of a rate change? Or did I imagine that.
Rogue: imagine.... it would be a very big telltale....
Lobodeiro: Totally, it’s been said days, weeks, and hours. Any of them could be right. But if this goes to October to right before the election I would not be shocked
RVAlready: With Iraq in miserable economic shape, I think the RV will be sooner than later. I would think that October would be pretty disastrous for them.
CharlieOK: Come on rv. IMO It is beyond obvious that IRAQ IS NOT IN CHARGE OF THIS. Hmmm. If that is true, it is also obvious that one should concentrate on the gcr NOT the rv….. Keep your eye on the gcr. The only thing Iraq has to do with anything (and they'll probably screw that up) IS RVING THEY'RE OWN CURRENCY…..
KTFA:
Don961: We are now less than two weeks away from Iraq’s first-ever virtual finance and investment conference-
The Iraq Finance Expo (IFEX), officially Co-Hosted with the Ministry of Finance and the Central Bank of Iraq, and taking place online from 22-24 June.
Don't miss the chance to hear directly from top government officials and business leaders as they plan their future business development strategies for Iraq.
Using the very latest conferencing technologies, you will be able to arrange 1-2-1 business meetings virtually, as well as listen to the outstanding conference content live as it is broadcast from Baghdad and around the world! Overcome distance barriers and conduct business like never before!
Here is just a snapshot of some of the confirmed speakers at this ground-breaking digital summit:
H.E Dr. Ali Al Allaq, Governor, Central Bank of Iraq.
Wadee Al-Handal, President, Iraqi Private Banks League.
Dr. Waleed Eidy, Deputy Governor, Central Bank of Iraq.
Ahmed Tabaqchali, CIO Iraq Fund, Asia Frontier Capital.
Taha Abdulsalam, CEO, Iraq Stock Exchange.
Hani Idris, Executive Consultant. Arab Payment Services APS Iraq.
Karam Saridar, CEO, Manahil El Ryan & Elryan.com.
Haroun Khwaja, Senior Associate TMT, Al Tamimi & Co.
Bashar Arafeh, Managing Director MEA, IrisGuard.
Aysegul Ozge Ozgur, SVP, Head of Research, Rabee Securities.
Duha Abdulkareem, Director General of the Payments Department, CBI.
Dr. Mahmoud Dahger, Director General of Financial Operations, CBI.
Ali Al-Saffar, MENA Programme Manager, International Energy Agency.
Bilal Rabah Sugheyer, Iraq Senior Country Officer, IFC.
Christine Van Den Toorn, Founder & President, Iraq Fund for Higher Education.
Caroline Mcgarr, Managing Director, thinkbank.
Alice Bosley, Executive Director, Five One Labs.
Herman Wang, Managing Editor, OPEC and Middle East News, S&P Platts.
Dr. Renad Mansour, Senior Research Fellow, Chatham House.
Alexandre Laure, Senior Private Sector Specialist, World Bank.
Wael Mansour, Senior Economist, World Bank.
Raed Hanna, Managing Director, Mutual Finance Ltd.
Toby Iles, Director, Sovereigns EMEA, Fitch Ratings.
Majed Sifri, CEO, Optimaiza, Board Member, Int@j.
Grant Felgenhauer, Managing Partner, Euphrates Advisors LLC.
Zaab Sethna, Partner, Northern Gulf Partners.
Yadgar Meerani, CEO and Co-founder, Lezzoo.
Following the outstanding success of both the Iraq Banking and Investment Summit, and Iraq: A Leap Forward, we are delighted to announce IFEX: IRAQ Finance Expo, the premier online conference and exhibition for Iraq’s financial future. Officially co-hosted with the Central Bank of Iraq and the Government of Iraq, IFEX is the only digital conference of its kind tackling the critical challenges affecting Iraq’s finances.
The current global lockdown and depleted oil price has left Iraq in a vulnerable position. With high levels of unemployment, oil dependency and dilapidated public infrastructure, Iraq is in need for financial change. International donors and development finance institutions are ready to support the country in its current crisis. IFEX will tackle the key challenges ahead that lie in Iraq and the subsequent opportunities that arise in the country. IFEX will discuss a range of subjects from the future investment landscape in Iraq to financial & digital technologies that will drive the local economy.
Not only will large financing projects be under the spotlight, but the fastest growing industries from mobile banking to e-commerce will be discussed through our unique online conference. Join us for an unrivalled online 3-day VIP conference programme and learn about the outstanding opportunities within Iraq’s financial services.
The future of Iraq’s banking and financial service industries. Meet the following industries and exhibit your ground-breaking product!
1. BANKING:Payments, Digital Banks, Money Transfers, Mobile Wallets, Remittances, Retail, Investment, Automation
2. FINTECH:Credit & Lending, Payments, Security, Authorisation, Money Transfers, Insurance, Microbanking, Cloud, P2P Lending
3. E-COMMERCE:Commerce, Home Delivery, Grocery, Retail, POS Systems
4. INNOVATION:Accelerator, Entrepreneurship, AI, Startups
$700B ALERT! US Treasury Braces for Another Banking Collapse at Close of Q2!! (Bix Weir)
RoadToRoota: Jun 12, 2020
All the Kings horses and All the Kings men couldn't put the BANKS together again!!
There's TRILLIONS in Derivative losses on the books of these criminal banks and they can't be hidden much longer!
Hang on tight for the End of Q2!!
Currency365
C365 Question & Answer "Dinar, Dong, Reset, Life"
Jun 12, 2020
Friday Night X22 Reports 6-12-2020
.There Is Only One Economic Message, “Transition To Greatness”- Episode 2198a
X22 Report: Jun 12, 2020
Trump and the patriots are now pushing the economy forward.
The great transition is underway, more deregulation coming, more tax cuts.
The next phase will be talking about the infrastructure bill, creating jobs, building America back up again, creating industry to support the reconstruction
There Is Only One Economic Message, “Transition To Greatness”- Episode 2198a
X22 Report: Jun 12, 2020
Trump and the patriots are now pushing the economy forward.
The great transition is underway, more deregulation coming, more tax cuts.
The next phase will be talking about the infrastructure bill, creating jobs, building America back up again, creating industry to support the reconstruction.
Patriots Are 5 Steps Ahead, People Are Beginning To See The Full Picture - Episode 2198b
X22 Report: Jun 12, 2020
The people are now seeing the big picture, they understand the [DS]/MSM objective is, the see how they are using the virus event, how they are using the riots, the picture is being painted and more and more people are waking up, once awake they cannot be put back to sleep.
The patriots knew all of this, they are 5 steps ahead .
"Vietnam News" Posted by Samson Friday 6-12-2020
KTFA:
Samson: Vietnam : Central bank plans to pilot fintech regulatory sandbox
6th June, 2020
The State Bank of Việt Nam is planning to pilot a regulatory sandbox which would allow fintech companies to participate in providing some banking services starting from 2021.
The seven sectors fintech would participate in within the sandbox were payment, credit, peer-to-peer lending, customer identification support, open application programming interface (open API), tech-based solutions and other banking support services, according to the draft decree which the central bank made public for comment this week.
KTFA:
Samson: Vietnam : Central bank plans to pilot fintech regulatory sandbox
6th June, 2020
The State Bank of Việt Nam is planning to pilot a regulatory sandbox which would allow fintech companies to participate in providing some banking services starting from 2021.
The seven sectors fintech would participate in within the sandbox were payment, credit, peer-to-peer lending, customer identification support, open application programming interface (open API), tech-based solutions and other banking support services, according to the draft decree which the central bank made public for comment this week.
The central bank said that there was a lack of a legal framework to regulate the operation of fintech companies in Việt Nam, which created risks such as financial exclusion, security and data breach, money laundering and financing of terrorism, high intermediary fee and lack of transparency.
Meanwhile, fintech is developing rapidly in Việt Nam.
The central bank said that the past three years saw a rapid increase in the number of fintech start-ups, from 40 in 2016 to more than 150 currently. Of them, 34 operate in payment, 40 in P2P lending while others provided banking support services without directly collecting fees on end-users. More than 80 per cent of fintech companies in Việt Nam had operation related to banks.
The fintech sector also attracted significant attention of tech giants in Việt Nam like FPT, Viettel and VNPT through the foundation of fintech solution companies, investment funds and incubators to support fintech start-ups.
The central bank cited United Overseas Bank’s Fintech in Asean – From Start-up to Scale up Report 2019 that Việt Nam saw an investment inflow worth US$400 million into fintech last year, accounting for 36 per cent of the total investment poured in fintech in ASEAN and ranking second in ASEAN, only after Singapore. The rapid scale-up and operation expansion of fintech companies could have negative impacts on the stability of the financial and banking system, the central bank stressed.
The participation of Uber and Grab in the transportation market of Việt Nam was an apparent lesson for the financial and banking sector about how to respond to the rapid development of technology, the central bank said.
It was necessary for Việt Nam to have a legal framework for the operation of fintech companies amid Industry 4.0 and the country’s rapid international integration, the central bank said, adding that if the management agency was not active in monitoring the development of fintech from the early stage, their out-of-control development might pose threats to financial and banking stabilities.
The central bank’s task was to promote innovations in the banking sector, at the same time, ensure the financial safety and stability and promote economic growth. The central bank said that a regulatory sandbox would be suitable in the early stage before the issuance of the official legal framework. The decree was expected to be submitted to the Government for approval this month.
The central bank planned to allow banks and fintech companies to apply for the participation in the sandbox from 2021 and the sandbox would be piloted in one or two years, depending on each field.
Samson: Vietnam : Digital economy hoped to make up 20% of Việt Nam's GDP by 2025
9th June, 2020
A customer services centre which provides information and guidelines for customers to use online services of the electricity sector
Prime Minister Nguyễn Xuân Phúc has given the green light to a new digital programme to increase economic growth over the next five years. The plan is to develop a digital government, economy, and society and create digital technology businesses capable of extending their reach to the world. It is hoped this will account for 20 per cent of the country’s GDP by 2025 and at least 10 per cent of each sector.
Việt Nam also expects to be among the top 50 countries in the ICT Development Index and the Global Competitiveness Index, and one of the 35 leading countries in the Global Innovation Index (GII).
Eighty per cent of online public services at Level 4 – the highest level where every procedures from submitting information to payment will be fully available on the internet – will be provided via different devices, including mobile devices, while 90 per cent of dossiers submitted at the ministerial and provincial levels, 80 per cent of those at the district level, and 60 per cent of those at the communal level will be handled online by 2025.
All national databases that create the foundation for e-government development, including those on population, land, business registration, finance, and insurance, will be completed, connected, and shared nationwide. It is hoped this will help secure one of the top 70 positions in the E-Government Development Index (EGDI) over the next five years.
All Level 4 online public services will be available via multiple devices by 2030, which is also the deadline for all dossiers at the ministerial and provincial levels, 90 per cent of those at the district level, and 70 per cent of those at the communal level to be resolved online. The country is also looking to secure a place among the top 35 in the EGDI rankings over the next decade.
In the national programme, Việt Nam also plans to universalise broadband internet and 5G services, have over 80 per cent of its population using e-payment accounts, and become one of the top 30 countries in the Global Cybersecurity Index. LINK
Samson: PM welcomes energy giant Exxon Mobil’s investment in Việt Nam
12th June, 2020
Việt Nam welcomed the world’s energy giant Exxon Mobile’s plans of investing in Việt Nam, Prime Minister Nguyễn Xuân Phúc told president of Exxon Mobil LNG Market Development Inc Irtiza Sayyed during a phone conversation on Thursday.
He said Việt Nam was among countries that were able to contain the COVID-19 pandemic early and was striving to seize the opportunity for development. During the process, the country had great demand for power, so the Vietnamese Government welcomed Exxon Mobil’s investment in a complex of ports, LNG storage facilities and LNG-fuelled power plants using advanced technology in the northern port city of Hải Phòng.
Exxon Mobil was exploring the possibility of investing in new projects to develop LNG-to-power plants in Việt Nam, including a 4,000MW LNG-to-power plant in Hải Phòng which could start generating power between 2025 and 2030 and a 3,000MW gas-fired power complex in the Mekong Delta province of Long An.
The PM said the former project would help boost the development of not only Hải Phòng but also the entire northern key economic zone. Regarding the latter, Exxon Mobil would ensure stable LNG supply for the power complex imported from the US and other countries. The import of LNG from the US would contribute to a more harmonious trade balance between Việt Nam and the US, Phúc said.
Sayyed praised Việt Nam for containing the COVID-19 pandemic with effective measures, which he said would create a safe and reliable environment for international investment and trade in the country.
More News, Rumors and Opinions Friday Afternoon 6-12-2020
.TNT:
Newgirl: Just a heads up... if you are planning on buying any more dinar, it is pretty difficult to find now. One of the usual groups - Treasury Vault - has a 2 week delay in shipping. I'm a little suspicious as to whether they even have it stocked since they keep sending out emails requesting a buyback of dinar at a decent rate. Unlikely for a dealer to offer so much unless they are having difficulty keeping stock.
RocSolid: So after hearing the call about Dong and Chase bank, I called because I had purchased/ordered some on Wednesday and had not heard from them. I asked about availability to buy some today and after checking the screen he said No! This is a Tulsa bank.
IdahoUSA: HERE'S ANOTHER CONFIRMATION .... MY CHASE BANK NO LONGER SELLS DONG.
TNT:
Newgirl: Just a heads up... if you are planning on buying any more dinar, it is pretty difficult to find now. One of the usual groups - Treasury Vault - has a 2 week delay in shipping. I'm a little suspicious as to whether they even have it stocked since they keep sending out emails requesting a buyback of dinar at a decent rate. Unlikely for a dealer to offer so much unless they are having difficulty keeping stock.
RocSolid: So after hearing the call about Dong and Chase bank, I called because I had purchased/ordered some on Wednesday and had not heard from them. I asked about availability to buy some today and after checking the screen he said No! This is a Tulsa bank.
IdahoUSA: HERE'S ANOTHER CONFIRMATION .... MY CHASE BANK NO LONGER SELLS DONG.
Courtesy of Dinar Guru
Footforward [They [Vietnam] haven’t printed any lower denominations yet?] they won't make that public knowledge. If they did they might as well announce to the world they are going to revalue...I really feel we won't get any hints about Vietnam. They won't give us any clues as to what they do before they do it. Just suddenly, out of no where, the dong revalues. That's all in my opinion of course.
Pimpy they should have all their ducks in a row this month. The anticipation is that the rate will happen so that it can help them with the second half of this year. This is the rumors floating around inside the dinar community and to be quite honest that makes perfectly good sense...we know that in many cases when we're dealing with Iraq what makes sense to us does not necessarily make sense - period... or that they do anything that makes sense.
****************
KTFA:
Samson: An assessment by the US State Department on Iraq "worries" Washington
12th June, 2020
The administration of US President Donald Trump is concerned that Iraq is not meeting its human rights obligations to detainees, according to a State Department assessment obtained by the US journal Foreign Policy
The magazine indicates that the Iraqi legal system is faltered due to the lack of judges, the overcrowding of its facilities and the use of bribes, in an indication of the challenges facing Iraq as a result of corruption that fueled widespread anti-government protests last year
"The security and political situation in Iraq has left the judiciary weak, and depends on other parts of the government," said the State Department report sent to Congress last April. He also pointed out that "the Iraqi judiciary suffers from the same rampant corruption that affects the rest of the Iraqi government
The State Department assessment also pointed out that the Iraqi justice system was affected by the implications of ISIS control of large parts of the country and the subsequent events that led to his expulsion. He notes that Baghdad suffers from a lack of competent judges, and it is accused of holding suspects associated with ISIS in isolation before the trial for months without contact with the outside world
Human Rights Watch estimated in December 2017 that Iraqi authorities were holding 20,000 prisoners suspected of links to ISIS. Non-governmental organizations that have been approved by the State Department assessment said that detainees are unable to appeal their detention decision and are often forced to pay bribes to drop the charges. Although the State Department is concerned about the status of Iraqi reforms, some members of Congress see the dialogue between Baghdad and Washington, which was launched on Thursday, as an opportunity to strengthen US relations with Iraq in light of reduced tensions with Iran
"The United States should use strategic dialogue as a new beginning to engage with the Iraqi government to create long-term stability in the country," the American magazine quotes a member of the Foreign Relations Committee, Democratic Senator Chris Murphy
Murphy added that the talks represented an opportunity to help the new Prime Minister, Mustafa Al-Kazemi, in tackling corruption and achieving prosperity for a nation torn by years of war. "These are lofty goals that require sustained diplomatic attention and American financial support, and at the same time they are critical to American national security and regional stability in the long run," he said LINK
Don961: Finance Committee: We received a notification about a 'paper' coming from the Al-Kazemi government
2020.06.12 - 11:18 Baghdad - people
The Finance Committee in the House of Representatives confirmed on Friday that the government intends to present a paper of radical reforms during the coming period, while pointing to the details of the borrowing law.
"The Minister of Finance informed the Finance Committee that the government will present a paper of radical reforms that includes all economic and financial aspects," the committee’s rapporteur, Ahmed Al-Saffar, said in a statement followed by “Nass” (June 12, 2020).
He added that "the Finance Committee discussed government borrowing for the purpose of financing the deficit and paying salaries."
He continued, "The text of the borrowing law indicates that the government is allowed to borrow abroad at $ 5 billion, and the internal amount is 15 trillion dinars from Iraqi banks for two months," noting that "the vote on the law was postponed after talking about deductions in salaries."
And the Finance Minister, Ali Abdul Amir Allawi, announced on Sunday, the need for Iraq to 7 and a half trillion dinars for operating expenses.
"We will continue to vote from local banks to finance salaries and ruling expenses," Allawi said in a press conference, which was followed by "Nass" (June 7, 2020), stressing "work on borrowing from the World Bank to address the financial crisis."
Allawi ruled out "approving the budget for the year 2020," explaining "we are working on preparing for the budget for the year 2021, and we need 7 and a trillion dinars of operating expenses."
On Sunday, MP Ahmed Hama Rashid affirmed that the Finance Committee would not agree to pass the borrowing bill except on condition.
"The Finance Committee is determined not to pass the borrowing bill unless the government sends the economic reform project side-by-side," Rashid said, a member of the committee, in a statement received by Nass, a copy of it (7 June 2020).
A member of the Finance Committee added, "The government cannot be empowered to overburden the state with loans unless it is matched by austerity with unnecessary expenditures and an end to the constant waste of public money."
And the financial advisor to the Prime Minister, Mazhar Muhammad Salih, expected, on Saturday, that the 2020 budget will reach 80 to 100 trillion dinars.
(June 6, 2020), Saleh said, "It is possible to prepare a federal budget bill for 2020 by the government that includes the actual expenses (that were previously achieved and spent) from the beginning of the fiscal year until June, and the sources of its financing, as well as the expenses for the next six months. To be built according to the principle of estimates of the price of crude oil in world markets and non-oil revenues. "
He pointed out that "after the completion of the preparation of the budget law, it will become clear the size of the total deficit," expecting that "the draft budget law will be presented for approval in the cabinet within the next two weeks to send it to the parliament for study and legislation."
Saleh added, "In my personal assessment, the rate of calculating the price of a barrel of oil in the Federal Budget Law for the current year will be between 30 and 35 dollars," expecting that "the total budget size will be between 80 to 100 trillion dinars."
In turn, the decision of the Parliamentary Finance Committee Ahmad Al-Saffar confirmed that "the general budget law for the current fiscal year is supposed to be legislated by the government and parliament," noting that his committee "needs about a month to complete the project review."
He explained that "not to legislate the budget law in the current period will lose its value, given that the government works for a whole year without a budget," adding that "this reason prompted us to issue a decision that obliges the government to know revenues, expenditures and deficits."
He added that "the budget will focus on the operational side without investing because the remaining period is few and not sufficient to implement the investment projects that will be carried over to the budget of the year 2021," noting that it "will include salaries for the ration card, medicines, security aspect and urgent and necessary matters."
He pointed out that "the government began drafting the Federal Budget Law in order to send it to parliament in the specified periods."
And revealed the Finance Committee in the House of Representatives, on Friday, an upcoming meeting with Prime Minister Mustafa Al-Kazemi and both the Ministry of Finance and the Central Bank to provide 10 alternatives to overcome the current economic crisis and maintain the salaries of employees without deduction, and agree on what can be implemented from those alternatives.
Committee member Majid al-Waeli said in an interview with the official newspaper of Nass (June 5, 2020), that "there are many alternatives that can significantly reduce the severity of the current crisis, including an increase in the price of a barrel of oil that is sold by $ 5 to the affiliated refineries." To the Ministry of Oil, while the rate of selling it according to the 2019 budget is $ 60, "indicating that" those refineries buy about one million barrels per day; that is, there is a difference in the price of $ 55, meaning that there is a price difference of $ 55 million. "
Al-Waeli added, "These revenues can supplement the state treasury by 50%."
And, "The other alternative is to reconsider the sums of real estate sold cheaply and leased with sums, especially those that are located in the heart of the capital and in distinct areas of it, as it can be re-evaluated again because some of them are haunted without paying any sums of rent at all."
A member of the Parliamentary Finance Committee said, "There is a forthcoming meeting of the Finance Committee with Prime Minister Mustafa Al-Kazemi and the Ministry of Finance next week to present those alternatives before him and implement what can be implemented from them." He emphasized that "the committee is preparing an integrated study in the light of the reports submitted by each of the Central Bank Concerning the financial crisis and the government as a vision by the Council of Advisors, which dealt extensively with deduction of employee salaries as a solution to overcome the financial crisis. " LINK
Currency365:
USA Must Give Iraq Clear Demands During Dialogue Talks
Jun 12, 2020