Why Do We Celebrate July 4th With Fireworks?

Why Do We Celebrate July 4th With Fireworks?

Sarah Pruitt  Jul 3, 2019

It’s hard to imagine Independence Day without fireworks. But how did this tradition get started?

As it turns out, setting off mini-explosions of all shapes and colors (but particularly red, white and blue) on July 4 goes back almost as far as American independence itself.

Fireworks have a long and colorful history, but the story of how they became ubiquitous on July 4 dates to the summer of 1776, during the first months of the Revolutionary War. On July 1, delegates of the Continental Congress were in Philadelphia, debating over whether the 13 original colonies should declare their independence from Britain’s Parliament as well as King George III himself.

That night, news arrived that British ships had sailed into New York Harbor, posing an immediate threat to the Continental troops commanded by George Washington.

On July 2, delegates from 12 colonies voted in favor of independence (New York would follow suit on July 9) and the motion carried.

On July 3, even as Congress revised a draft of the declaration composed by Thomas Jefferson, an excited John Adams took up his pen to write to his wife, Abigail.

“The Second Day of July 1776, will be the most memorable Epocha, in the History of America,” Adams wrote. “I am apt to believe that it will be celebrated, by succeeding Generations, as the great anniversary Festival…It ought to be solemnized with Pomp and Parade, with Shews, Games, Sports, Guns, Bells, Bonfires and Illuminations from one End of this Continent to the other from this Time forward forever more.” Adams was off by a couple of days.

To continue reading, please go to the original article here:

https://www.history.com/news/july-4-fireworks-independence-day-john-adams

 Macy’s July 4th Fireworks Spectacular —See Pics From The Gorgeous Displays Across NYC:

https://hollywoodlife.com/2020/07/04/macys-2020-fourth-of-july-fireworks-photos/

View of fireworks from the National Mall   KCTV5 News  July 4 2020

https://www.youtube.com/watch?v=_VD8h6Oenas

Sunday Night X22 Reports 7-5-2020

[CB] Panicking, They Just Admitted Their System Is Doomed - Episode 2216a

X22 Report:  Jul 5, 2020

The patriots are in control, the msm knew what to expect with the economy, they are no longer informed, this is why they continually get it wrong, Trump has the wand.

The PPP has now been extended to help the everyday person weather the storm.

JPMorgan backtracks on what will keep the illusion alive, the patriots are driving the [CB] system into the ground while building the people's economy.

Powell and Legarde have now put out messages letting everyone know it's all about to change.

https://youtu.be/yk_g0fGzB20?t=4

Trumps Sends Last Warning To [DS]/MSM, Flynn Confirms, Silent No More - Episode 2216b

X22 Report:  Jul 5, 2020

The [DS]/MSM are pushing the events as hard as possible, they are pushing the virus angle, they are pushing the ism angle, but the silent majority is no longer silent.

Trump gives the [DS]/MSM a final warning, watch what happens next.

Flynn family take the oath, Flynn uses the phrase WWG1WGA, confirmed.

https://youtu.be/qS6WK8KdjVI?t=7

KTFA Members "Sunday News" 7-5-2020

KTFA:

Samson:  Iraq wins an international position that it did not obtain in 50 years

5th July, 2020

The Ministry of Education announced today, Saturday, that Iraq won the position of Director of the Department of Science and Scientific Research at the International Science and Culture Organization (ALEXO) for the first time in 50 years.

She said in a statement received by Shafaq News Agency, that the Minister of Education and Chairman of the National Committee for Education, Culture and Science in Iraq Ali Hamid Mekhlef congratulated all intellectuals and academics on the victory of Iraq in the position of Director of the Department of Science and Scientific Research in ALEXO, which he did not obtain in 50 years.

He added that, "after strenuous efforts made by the Iraqi National Commission for Education, Culture and Science for two consecutive years, the fourth day of July culminated in the approval by ALEXO of this victory in its 113th session, which was held remotely after intense competition between seven Arab countries."

The Arab Organization for Education, Culture and Science (ALECSO) is a specialized organization, based in Tunisia, working within the framework of the League of Arab States and mainly concerned with the advancement of Arab culture by developing the fields of education, culture and science at the regional and national levels and coordination between them among the Arab member states. 

The organization was established under Article III of the Charter of Arab Cultural Unity, and its establishment was officially announced in Cairo on July 25, 1970.  LINK

Samson:  Al-Nusairi invites the Prime Minister to meet with private banks and address obstacles to their contribution to overcoming the economic crisis

5th July, 2020

The Economic and Banking Adviser to the Association of Iraqi Private Banks, Samir al-Nassiri, called on Sunday, the Prime Minister to meet with Iraqi private banks similar to his meeting with Iraqi businessmen for the purpose of discussing the obstacles to their work and their contribution to overcoming the economic crisis because without a sound and sound banking sector, no sound national economy can be built

Al-Nusairi said in an interview with "Al-Iqtisad News", that "Prime Minister Mustafa Al-Kazemi and the emergency cell for financial reform do not hide the complicated economic conditions and repercussions of the spread of Corona virus, political disputes and conflicts by the political parties and blocs that led to great harm to the national economy and stalled the economic cycle and economic stagnation Added to this are the accumulations and repercussions in the absence of a clear economic approach to previous governments, foggyness, and confusion of vision for real economic reform. And since the banking sector is the main link in the economic process, the current conditions have contributed to stopping the banking activity, especially the private banking activity since the outbreak of the demonstrations in October 2019, and so far, which has had clear effects on the lack of liquidity, low deposits, credit, loans and banking facilities due to the stop of working hours.  During the comprehensive roaming ban for more than 30 days and reducing the permanence and banking activity during the partial curfew, which led to a significant decrease in revenues, despite the many measures taken by the Central Bank in providing several facilities package for banks, including enhancing its liquidity by reducing the percentage of the legal reserve, postponing loan installments, stopping and postponing the imposed fines On the banks

"According to the analysis of official data and statistics, the structure of the Iraqi banking sector consists of 7 government banks that hold 86% of all government and public deposits and 78% of all assets and private banks constitute 70 commercial and Islamic banks and invest 78% of the capital of the Iraqi banking sector and did not get Only on 13% of the total annual profits achieved at the total level and that the goals set for the banking sector in all government programs of previous governments are focused on achieving them is lending for development and considering banks as a lever for development and restoring confidence with the public and achieving financial inclusion in the sense of expansion and spread by providing banking products and services and practicing Real banking and digital transformation of the banking sector

The financial and banking advisor explained, "Through an analytical view of the reality of the Iraqi economy and the challenges facing the financial and monetary policies, in particular the stimulation and revitalization of the economy by bank financing and banking facilities, the above challenges stand in front of its implementation at the present time despite the great efforts made by the Central Bank since 2016 to implement its strategic objectives for the years (2016-2020) which achieved such goals task and key notably developments structural and structural and technical in banks and increase the proportion of comprehensive financial and investment in Ras capital human and walk pace actively towards stability In the monetary system and achieving stability in the exchange rate since 2018 and still remains, however, private banks are in urgent and urgent need of government support by studying their problems in the current circumstance in the emergency cell for financial reform formed in the cabinet for the purpose of saving some private banks from collapse

....Al-Nassiri suggested the following

 First-that the nature of the activities of banks depends on the nature of the activities of the sectors of economic, and as long as the activity of economic is concentrated in the trade (imports) remains the activity of banks concentrated on the conversion external and associated so ..lma unless moving sectors other (industry, agriculture, tourism and others) do not expect the diversity of activity The banker

It is worth noting that without controlling imports, these sectors will not rise, which explains the lack of progress on serious loans through the Central Bank initiative to finance small and medium projects

Second, the legal environment must be provided and the rule of law should be extended in order to eliminate the phenomenon of defaulting in the repayment of loans, as bad debts amounted to (5 trillion dinars) up to 30 June 2020, and they constitute a large percentage of the total credit granted, and thus banks are reluctant to provide loans and facilities. Banking

Therefore, we see that the decisions of the Council of Ministers and the Economic Affairs Committee of the Council of Ministers that were previously issued to support the banking sector, especially private banks, are not activated. It led to obstructing the activities and activities of private banks and greatly affected their liquidity, revenues, and deposits for that, and for the purpose of overcoming the banks crisis, in a way that ensures banks moving from the role of banking to the developmental role and revitalizing banking work in the current circumstance requires the government, in particular the esteemed cabinet and the emergency cell, to activate the decisions previously issued The Council of Ministers and the Economic Affairs Committee are as documented with the following numbers and dates

 Third-activate all the decisions of the Committee Affairs Economic special support banks, special and in particular Mayati

1 ‐ The Ministry of Finance changed its decision not to accept it to open bank accounts for ministries and state departments in private banks and confine them to government banks according to its letter 207 on 31/1/2019

2 ‐ Activate the decision to allow ministries and government departments to open documentary credits in private banks up to $ 50 million without going through the Ministry of Finance and the Iraqi Trade Bank

3-Activating Resolution Council of Ministers No. 110 of 2009 and the decision of the Committee on Economic Affairs on 2012 141/2/20 concerning the conversion of government documentary banking up to 30 credits million dollars to private banks through the Trade Bank of Iraq

4-Activating the decision of the Committee on Affairs of Economic No. 253 of the year 2015. Regarding the acceptance of sukuk certified by private banks to pay insurance, customs fees and taxes

Fourth-activating decision Council of Ministers No. 378 of the year 2018 and the special levy fees of government in the departments of State of through payment mail

Fifthly: Activating the Financial Services Court formed in accordance with the Central Bank Law 56 of 2004, and the Court may refer cases that require referral to the competent courts in accordance with the applicable penal law

VI consider claims of debt distressed owed by customers in the banks own lawsuits urgent debts excellent like government debt

VII. Add to Mai PEOPLE by Bank Central of efforts requires the government is also working to provide conditions and take measures to help banks own to obtain the classification of credit approved internationally and thus enhance relations banking international with correspondent banks

Eighth - The Ministry of Finance compensated for the damage in the fixed and cash assets lost by the branches of private banks, which amounted to (37) branches in the governorates occupied by ISIS in 2014 and is documented by the Central Bank of Iraq

IX- activating the decisions of the Council of Ministers No. 313 of 2016 and No. 218 of 2017 and private employees' salaries and settling demand from government departments to settle their salaries according to their desire and directing them not to settle salaries in government banks exclusively

LINK

Samson:  The stock market starts its week with losses

5th July, 2020

Stock index fell, Sunday, in the first sessions of the week, as the index fell by 0.31%

The number of traded shares reached 468.7 million, valued at 446.3 million dinars

The index witnessed a decrease of 11 shares offered by Middle East Bank shares by 10.00% and Gulf Bank shares by 7.69%

While the shares of five companies, offered by the National Bank, increased by 8.00% and the shares of Zain Bank of Iraq increased by 2.70%

Foreign investors sold 8 million shares, worth 27 million dinars LINK

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Samson:  Brent crude is expected to reach $ 60 a barrel

4th July, 2020

On Friday, experts at Capital Economics expected that Brent crude prices would rise to $ 60 a barrel by the end of 2022 from their current levels of $ 42.

These expectations come despite the slowdown in demand for crude oil in light of OPEC + cuts.

Experts at the bank indicated that it is likely that oil prices will not rise quickly, and that recovery in demand for crude oil will be slow, especially with the increase in the numbers of infections with the Corona virus again, which may raise concerns about a second wave of the virus.    LINK

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Samson:  Private banks: The capital of banks operating in Iraq amounted to more than 15 trillion dinars

09:42 - 07/05/2020

The Iraqi Private Banking Association revealed the size of the Iraqi banking sector, as the capital of banks operating inside the country reached more than 15 trillion dinars.

The Executive Director of the Association of Iraqi Private Banks, Ali Tariq said in a statement received / information /, a copy of it, that "the data prepared by the Central Bank indicates an increase in the capital of the banking sector to more than 15 trillion dinars."

Tariq added, "The banking sector has witnessed a great development during the past years, and was able to increase the volume of lending and deposits in banks, which will positively affect the Iraqi economy, especially after the central bank reduced interest on small and medium projects."

Tareq stressed that "the capital of Iraqi banks reached until the year 2019 more than 15.3 trillion dinars, divided into 3.3 trillion dinars, the capital of government banks, while the capital of private banks amounted to 12 trillion dinars", noting that "deposits in the banking system amounted to 82.1 One trillion dinars, of which 71.38 trillion dinars are in government banks, while in private banks 10.72 trillion dinars.

Tariq pointed out that “cash credit amounted to 42 trillion dinars divided into 34.2 trillion dinars provided by government banks and 7.8 trillion dinars provided by private banks, while pledge credit amounted to 25.2 trillion dinars divided into 17.2 trillion dinars from government banks and 8 trillion dinars from Private banks.”

He stressed that "bad debts amounted to 4.1 trillion dinars divided into 2.37 trillion dinars in government banks and 1.77 trillion in private banks, and this failure is due to the lack of commitment of borrowers to pay back borrowing money, explaining that the profits of banks during the past year amounted to 1090 billion dinars divided into 956 billion Dinars for government banks and 134 billion dinars for private banks.    LINK

Don961:  The Iraqi Institute for Economic Reform contracts with experts

Saturday 04 July 2020  Baghdad / Al-Sabah 

The Iraqi Institute for Economic Reform seeks to contract with experts who can supplement the Institute's sessions with proposals, by submitting a policy paper and by two papers in session.

A statement of the institute conveyed that this step comes in line with the principle of societal partnership in formulating economic reforms in cooperation with (CIPE) to organize three electronic dialogue sessions, in order to issue reform packages that address the challenges faced by the national economy.

The statement pointed out that the three sessions will stand at three important joints in the national economy,as the first focuses on rationalizing public spending, addressing slack career and reforming the salary scale and the role of the private sector in that,while the second joint stands when working on developing the private sector and providing the necessary financial liquidity

The third chapter deals with maximizing public revenues through tax and customs channels.  link

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Samson:  The Iranian riyal continues its decline and records a new record collapse

5th July, 2020

The Iranian riyal continued its decline against the dollar, to record today a new record collapse of 217 thousand riyals per dollar. Iran is living in deteriorating economic conditions as a result of the US sanctions and the spread of the Coruna virus.

In the meeting of the government economic team, Iranian President Hassan Rouhani directed the central bank to control the foreign exchange market, and pointed to the disruption of trade with neighboring countries during the past months due to the Corona pandemic, and said that "stability will return to the economy, and the currency market, after the return of import and export in the future To what it was before the Corona outbreak."

Rouhani said that "the enemies seek to manipulate the prices of the dollar, gold coins and investment markets," considering that they are "tools of psychological enemies to confront Iran," stressing that "the enemy will not succeed in pushing the Iranian economy toward collapse." Rouhani denied that the economic situation was beyond the control of the government, and said that "the country's economy is under management."

Representatives in the Iranian parliament are seeking to pressure the government against the background of economic conditions, as dozens of deputies signed a project to hold President Hassan Rouhani accountable regarding the collapse of the national currency, the high prices of real estate and cars, and the nuclear deal.   LINK

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Samson:  The Integrity Committee opens the file of looted funds

5th July, 2020
The Parliamentary Integrity Committee spoke, on Sunday, of the file of looted funds.

Member of Parliamentary Integrity Committee Jawad Hamdan promised, "The visits of the Iraqi delegations to the countries of the world are an affirmation of the economic importance of Iraq and its pivotal role in the region and the world, and it promotes economic openness in its Arab and international surroundings."

Hamdan pointed out that "Iraq’s important strategic location in the way of trade will contribute to restoring its economic role and strengthening its position among the countries of the region." the parties". Hamdan stressed "the importance of eliminating corruption and working seriously to recover the stolen money and laying down plans to recover this money." 

It is noteworthy that an Iraqi ministerial delegation arrived Friday to Beirut on an official visit that included the two oil ministers, Ihsan Abdul Jabbar and Agriculture Muhammad Al-Khafaji, to discuss issues of common concern, particularly the oil, health and tourism aspects, while there is an upcoming visit of a Lebanese ministerial delegation to Baghdad to complete the talks between the two parties. The final touches of the agreements that took place between the two sides in Beirut.   LINK

Pimpy and Lynette Zang "Gold, Silver and Diamonds" 7-5-2020

Huge change in value of gold and silver on the debt clock - I have proof

Pimpy’s Investment Chat:  Jul 5, 2020

One of the things I talk about is the change in Monetary systems. It’s happened in the past. It’s a fiat currency reserve thing…..They switch them. They have a life cycle.

Portugal was the reserve currency for 80 years. Spain for 130 years- they were the reserve currency . Netherlands- 80 yrs. France was 95 years. Britain was 105 years and now we the US are the reserve currency which makes us one of the most powerful currencies…..but they have a life span and everytime they move from one reserve currency to the next something major happens. Whether it’s a world war or some type of pandemic (believe it or not) . This has happened more than once.

As you can expect our current fiat currency system is about to expire. Meaning that we will be moving into the next “whatever” monetary system. Everytime this happens we see big jumps in Gold and silver value.

https://youtu.be/5chDfIwDGoM?t=4

DIAMONDS, SILVER & GOLD......Q&A with Lynette Zang

Jul 5, 2020

Questions answered in today's video:

00:50 Bark Artist: If the government confiscates gold again, what will they be paying us per oz? If they choose not to allow for collectible coins and take them as well - just because they can - what then? We just lose big time?

 07:10 Robert Bronson: I am buying a condo after a sell, should I use 1031 exchange, OR go 30 years, skip the tax break and buy gold?

09:05 Gaye Sharp: So, what about business debt? Should this be fixed as well?

09:40 Amy Annado: Do stock market crashes cause gold spot price go up?

12:58 Jan: How about certified diamonds as an asset?

15:40 Jay A.: What happens to credit card debt and car debt in a reset?

16:47 Aaron Razee: Would you exchange silver for gold if ratio gets to 40?

18:17 Bee Duke: I’m a first-time home buyer looking to buy a multi-family home in 6 months and have $8400 for my down payment. Should I transfer that money into gold and silver?

https://youtu.be/5jvw04AFnwQ?t=2

MilitiaMan, Frank26 and Pimpy Sunday Afternoon 7-5-2020

KTFA:

Samson:  Al-Rafidayn begins distributing the salaries of retirees for the month of July  

Al-Rafidain Bank announced that it started distributing the salaries of civil and military retirees for the month of July.

The bank’s media office said in a statement that the Al Furat News Agency received a copy of it, that “the salaries of civil and military retirees for the month of July were commenced through electronic payment tools.”

The statement added that "civil and military retirees can received their monthly salaries from wherever they are".  Al-Rafidayn begins distributing the salaries of retirees for the month of July  LINK

MilitiaMan:  Oh look no further.. ELECTRONIC PAYMENTS... Gotta love how the translations seem to muddy the water..They started, then they commenced, received and or begin distributing the salaries.. Well which is it?  lol ~ MM

Samson:  A deputy defines an order that strengthens Iraq's economic ties

5th July, 2020
A member of the Economic Committee, Nofal Al-Naseen, on Sunday, specified an order that strengthens Iraq's economic relations.

The young man said, "The diplomatic openness by sending political and economic delegations to brotherly and friendly countries will enhance Iraq’s economic relations and increase the volume of trade exchange and facilitate the export of Iraqi agricultural or industrial products to some countries as a trade exchange, which achieves revenue for the budget."

And the youth added, "These visits will reflect positively on our relations with the world, in addition to that they are considered one of the sources of the economic strength of the country that enhances the wheel of the economy and growth, in addition to enhancing the region's political stability."

He pointed out, "The implementation of the government program will support the Iraqi economy, maximize the country's imports and enhance Iraq's international standing, in addition to supporting cultural and commercial exchanges and contributing to enhancing the security of the region by adopting projects of a joint strategy."  LINK

MilitiaMan:  From the looks of things they have been making inroads and great strides in getting ready for the new market economy. The WB leader spoke of the need to get this moving.. The below was in 2017 - 2018 State Department data. So the unified customs system is not a new one (positive)  and by now should be fully operational and with transparency to facilitate the monies to Baghdad. This is another piece of support that they had a new market economy in the plan, as the White Papers pointed out. They go so far as suggest they have exports in mind in the above, in regard to trade exchange. (See below). Again this bodes well now for the reforms to be put in place that Kahdemi has mentioned to be in place within 60 days. The first phase should be upon us now.. imo.. Not later.. jmtc ~ MM

"Recent positive signs boosting confidence in the IKR economy include a stable oil price, the resumption of budget support to the Kurdistan Regional Government (KRG) from the central government, and initial agreements between the GOI and KRG on issues such as a unified customs system and the shipment of Kirkuk oil through the IKR pipeline to Turkey. According to the Kurdistan Board of Investment (BOI), the total capital of licensed projects in the IKR in 2018 increased by over 340 percent compared to 2017."

https://www.state.gov/reports/2019-investment-climate-statements/iraq/

"An association of businesses formed for the purpose of trading with one another, using mutual credit to keep account. Typically the lead business will run the exchange, performing a brokering services and providing (or renting) an online marketplace for members to meet their reciprocal needs and register their transactions. Also known as business barter
Thousands of trade exchanges exist, some independent and some belonging to regional or global networks. The two most prominate associations for Trade Exchanges are IRTA (International Reciprocal Trade Association) and NATE (National Association of Independent Trade Exchanges).

There are numerous benefits to business bartering, some of which include, large referral network of businesses/services, easing cash flows problems/saving cash, filling empty time slots (professionals, stylists, etc), filling empty hotel rooms, unloading excess inventory, using trade to attract cash customers (advertising), gaining access to a directory of other member businesses, from which they can purchase and sell dollar for dollar. Reputable trade exchanges have physical locations with sales people & brokers and are not just "online" exchanges. Trading in this way can ease cashflow problems and help turn inventories around."

https://en.wikipedia.org/wiki/Trade_exchange

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Samson:  Al-Diwaniyah Governor is pledging the distribution of employees' salaries upon the arrival of a notice from the Central Bank of Iraq

5th July 2020

Diwaniya Governor Zuhair Ali Al-Shaalan announced the completion of financing the disbursed salaries of state employees in the Diwaniyah governorate from the Ministry of Finance (Education, Health, Agriculture, Governorate Governorate, Labor and Social Affairs, Sports and Youth, Municipalities and Housing) and with the follow-up of the technical assistant head of the Financial and Administrative Department in the Department of Governorate Muhammad Jubouri.

He added in a statement: The financing of the salaries of the employees of the departments related to the state treasury (police, traffic, nationality, border police, civil defense, and irrigation department) has been completed, and with the follow-up of the director of the state treasury, Hazem Al-Badiri.

He confirmed that the salaries of state employees will be distributed immediately upon the arrival of the notice from the Central Bank of Iraq to the Rafidain Bank, on the right side, who will send the accredited tomorrow, Monday to the capital, Baghdad, for that.

He noted that the delay in paying the salaries of state employees occurred in all governorates of Iraq and not one province without the other because of administrative procedures for the central government in Baghdad.  

MilitiaMan:  So the delay was in all governates and not just one province. Therefore, we could deduce they'll get paid all at the same time and electronically. So rolling out over time trhough 07/15/2020 is looking to be fake news after all.. imo hmm !~ MM

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Samson:  Work is preparing to launch a second supplement to the rejected cards

5th July, 2020

The Ministry of Labor and Social Affairs announced, on Sunday, that the Ministry of Social Protection in the Ministry has completed its technical and financial procedures to launch the second supplement of subsidy salaries during the current week, for the cards that were previously suspended for various reasons.

The ministry stated in a statement, "Minister Adel al-Rikabi valued the extraordinary efforts of the social protection staff, which continues to work continuously, even during the days of embargoes and holidays, in order to carry out the tasks entrusted to them that serve the families covered."

"As for the salary of the fourth installment, the Ministry of Finance has promised the Ministry of Labor to release the funding within two days, and if the financing comes from the Ministry of Finance, the fourth installment will be launched within the coming days," she added.  LINK

MilitiaMan:  So what changed that required them to suspend their cards? Was it because the electronic system went down with a "E" - COVID - 19 VIRUS? lol Or could it have had to do with the delay for everyone's salaries to be adjusted accordingly to reflect their new purchase power? Time will tell. As, the timing of this is by my view no coincidence... We shall see in the coming days or within two.. lol ~ MM

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Popeye7:  Thanks again MM for your commentary on this epic process... IMO, I believe all is done, and we are just waiting for the moment the dinar is scheduled to be unleashed...Diversions abound as you indicated MM.. It will be a shock to the world... Just as it was in Star Wars Episode 6 when the Rebel fleet were surprised that the 2nd death star was fully operational.. Here is the clip: Iraq is Fully Operational... Notice the green laser from the death star.. Imagine that being US dollars being injected into our bank accounts...  Iraq is Fully Operational...    https://www.youtube.com/watch?v=PzAc_sx9gcI

MilitiaMan:  Lets hope the new system to pay is fully operational.. lol ~ MM

Courtesy of Dinar Guru

Frank26   ...when the value goes up are you gonna call every Tom, Dick and Harry and tell them you just made a lot of money?  Or that you made capital gains with your investment?  Or that you had a windfall?  Are you gonna brag about this?  Are you gonna put it on social media?  Are you going to tell that relative that you never told in the first place?  Are you gonna shove it into their faces, the ones that told you it's never gonna happen, to satisfy your ego and pride?  I hope not.  Don't draw attention to yourself. Do your very best to be humble about this.  Do your very best to shut-up about this.  The entourage, the group of people that know about your windfall, you want to try to limit that.  Not only for your safety but for that matter for your sanity.  Ever drop a sugar cube next to an anthill? Every ant is all of a sudden turning around and heading toward that sugar cube.  Don't draw attention to yourself.

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 Iraqi Dinar News 07/05/20

Pimpy’s Investment Chat:  Jul 5, 2020

https://youtu.be/WOE7BZNyPjo?t=6

Iraq News and Highlights Sunday Afternoon 7-5-20

Iraq News and Highlights Sunday Afternoon 7-5-20

TLM 724 Administrator BondLady’s Corner

The private sector ..

Sunday 05 July 2020  Salem Mashkour   Every citizen has the right to a real job opportunity that provides him with a financial income. This is one of the first duties of every government, and from the sources of every government or president that it provides job opportunities for its citizens.

The demonstrators today in front of a number of ministries are calling for appointment to the government, and the government is responding that it is burdened with the administrative angel until the bulk of the treasury goes to the salaries of employees. Those who demand appointment are right, and the government has a right.

The unemployed, especially those with diplomas, are victims of the culture of the rentier system that continues until now, and the directed central economic system that has prevailed for decades, and made the appointment after graduation a right that the graduate automatically obtains. The economy itself, in the absence of the private sector. The private sector in that culture is nothing but a group of "thieves stealing people's money."

The political system changed, but the economic system changed only in the constitutional texts, some inactive laws, and political discourse. The state is still rentier, has only income from oil, sells it and pays the salaries of employees, and the official Iraqi mentality is still - mostly - programmed according to the criteria of the directed economy, accompanied by a view of treachery to the private sector, and sought to limit all activity to the state institutions despite their plague of bureaucracy and scarcity of resources While corruption and blackmail hamper the efforts of the few who believe in the importance of the private sector in spinning the economy and providing real job opportunities that address the problem of unemployment.

This is how our economy has become without identity, so it is not a directed central, nor is it a free economy in which the private sector operates freely according to market mechanisms.

In a situation like where we are, where the government can barely provide the salaries of employees, there is no escape from activating the private sector and providing investment requirements, the first of which are the guarantor laws and the provision of security for the investor and his project and safeguarding it from extortion that is exposed to it on more than one level, the sober big companies do not come, and the private investor does not He risks his money and life without providing him with guarantees and protection. Domestic investment will play a major role in revitalizing this sector, given its large monetary block.

If all this is available, and job opportunities are available with him, the Iraqi citizen will still look to the official job as guaranteed work, even if it is without achievement. This is remedied by a law that equates work in state departments and the private sector in calculating service for retirement purposes, and provides rights and job security for workers.

https://alsabaah.iq/27311/%D8%A7%D9%84%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%AE%D8%A7%D8%B5-%D8%A7%D9%84%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%AE%D8%A7%D8%B5

A “reform paper” to improve services

Sunday 05 July 2020  Baghdad / Omar Abdul Latif The Services and Reconstruction Committee in the House of Representatives is preparing to present a "reform paper" from five axes to Prime Minister Mustafa Al-Kazemi during the meeting that he will collect in the coming days.

Committee member Abbas Yaber Al-Atafi said in a statement singled out by Al-Sabah: “During the meeting the Prime Minister during the coming days, the committee will discuss a number of axes that can contribute to tackling the financial crisis, which enables the state to exploit it without costing it any sums, in addition to Investing external roads, housing, and distributing plots of land between citizens and stalled hospitals in Baghdad and the provinces, and 3,000 schools have stopped since 2012 after being referred for completion in a pre-fabricated manner.

And that «these axes will be presented within a reform paper prepared earlier to end all these files and advance the reality of services».

https://alsabaah.iq/27328/%D9%88%D8%B1%D9%82%D8%A9-%D8%A5%D8%B5%D9%84%D8%A7%D8%AD%D9%8A-%D8%A9-%D9%84%D9%84%D9%86%D9%87%D9%88%D8%B6-%D8%A8%D9%88%D8%A7%D9%82%D8%B9-%D8%A7%D9%84%D8%AE%D8%AF%D9%85%D8%A7%D8%AA

Al-Sudani reviews economic solutions to the financial crisis

Sunday 05 July 2020  Baghdad / Al-Sabah  Independent MP Mohamed Shaya Al-Sudani called on the government to take a number of urgent measures to enable it to fulfill its obligations to employees, retirees and social welfare, as well as address the ration card and crisis cell benefits in relation to confronting the Corona virus.

Al-Sudani stressed that "the important part of the economic reforms is to collect customs tariff fees and protect the product, while controlling the window of currency sales in the central bank," asking about the destination of these funds, and what imports can come to Iraq amid the economic downturn that the region is going through?

He pointed out the importance of "the existence of tax and customs deductions before the exchange of the dollar, to ensure obtaining the right of the state, it is not possible to sell the dollar without revenues to the state treasury and without withholding fees and taxes."

Import and production

Al-Sudani pointed out that "there is another economic perspective, which is that we have confirmed the inability of the agricultural and industrial private sector to advance in light of the import of imports, with the absence of full control over the ports, the non-application of standards for standardization and quality control of incoming goods and leniency in the collection of taxes and fees on them." That "the prices of imported goods and products will crowd out the national product and all this requires reform steps to maximize revenue."

Al-Sudani noted the need to "pay attention to the returns of derivatives and extracted crude oil, which will provide large amounts of money, and in light of the current financial conditions, these funds, which amount to 8 trillion dinars, must be invested by setting 10% of the cost of extraction and $ 8 for liquidation and up to 5% for distribution, can be provided from Without raising the price of fuel for the citizen. "

He explained that "revenues are available and were not directed to the citizen, and it can provide quick revenues in addition to reducing the salaries of the three presidencies from ministers and representatives and special degrees and stopping the disbursement of allocations granted outside the laws."

Corporate debt

Al-Sudani continued, “There are judicial orders against mobile phone companies to pay about one trillion dinars, and these measures are supposed to be implemented to collect these funds in a way that increases the state’s treasury imports,” noting that there is “a required procedure which is to control the financial balances of the state’s departments and not release any amount except in accordance with Recent directions of the government regarding the rationalization of spending. "

Al-Sudani warned of the need to adopt "effective and real steps on encouraging the agricultural and industrial sectors by placing the import curriculum at the table of government producers from companies of the Ministry of Industry as well as private and mixed sector companies and identifying the goods that can be produced so that the government can issue a decision to prevent their import, as well as review the agricultural calendar including It guarantees the preservation of local agricultural products, avoids the damage of farmers, closes the ports and controls them completely. "

Central loans

Al-Sudani stressed "the importance of activating the steps of the Central Bank in granting loans to agricultural, industrial and residential banks, as well as lending to young people looking for work, while loosening the terms of the loans and defining them with the project guarantee."

He believed that "internal borrowing will secure the salaries of employees. As for the external determined at five billion dollars, it should be invested to complete development projects, including projects for investing burned gas and developing the Basra gas project with the company (Shell), which contributes to providing what the power stations need instead of buying Iranian gas in amounts It exhausts the budget, which provides other imports for the budget, and there are projects related to petrochemicals and fertilizers that can generate huge funds on the state treasury, as well as its benefits to society by pushing the wheel of economic development.

Stressing that "directing loans to these projects will put the reform process in the direction Proper. "

https://alsabaah.iq/27334/%D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A-%D9%8A%D8%B3%D8%AA%D8%B9%D8%B1%D8%B6-%D8%AD%D9%84%D9%88%D9%84%D8%A7-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A-%D8%A9-%D9%84%D9%84%D8%A3%D8%B2%D9%85%D8%A9-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A-%D8%A9

The Integrity Committee opens the file of looted funds

Political| 02:52 - 05/07/2020  Baghdad - Mawazine News  , The Parliamentary Integrity Committee spoke, on Sunday, of the file of looted funds.

Member of Parliamentary Integrity Committee Jawad Hamdan promised, "The visits of the Iraqi delegations to the countries of the world are an affirmation of the economic importance of Iraq and its pivotal role in the region and the world and promotes economic openness in its Arab and international surroundings."

Hamdan pointed out that "Iraq’s important strategic location in the path of trade will contribute to restoring its economic role and strengthening its position among the countries of the region." Indicating that "Iraq’s reliance on a balance policy based on the interests of the country will enhance the principles of cooperation and investment, support the economic wheel and conclude important agreements that bring benefit to all the parties".

Hamdan stressed "the importance of eliminating corruption and working seriously to recover the stolen money and laying down plans to recover this money."

It is noteworthy that an Iraqi ministerial delegation arrived Friday in Beirut on an official visit that included the two oil ministers, Ihsan Abdul Jabbar and Agriculture Muhammad Al-Khafaji, to discuss issues of common concern, particularly the oil, health and tourism aspects, while there is an upcoming visit of a Lebanese ministerial delegation to Baghdad to complete the talks between the two parties. The final touches of the agreements that took place between the two sides in Beirut. Ended 29 / A 43

https://www.mawazin.net/Details.aspx?jimare=108472

A deputy defines an order that strengthens Iraq's economic ties

Political| 02:00 - 07/07/2020  Baghdad - Mawazine News, a member of the Economic Committee, Nofal Al-Naseen, on Sunday, specified an order that strengthens Iraq's economic relations.

The young man said, "The diplomatic openness by sending political and economic delegations to brotherly and friendly countries will enhance Iraq’s economic relations and increase the volume of trade exchange and facilitate the export of Iraqi agricultural or industrial products to some countries as a trade exchange, which achieves revenue for the budget."

And the youth added, "These visits will reflect positively on our relations with the world, in addition to that they are considered one of the sources of the economic strength of the country that enhances the wheel of the economy and growth, in addition to enhancing the region's political stability."

He pointed out, "The implementation of the government program will support the Iraqi economy, maximize the country's imports and enhance Iraq 's international standing, in addition to supporting cultural and commercial exchanges and contributing to enhancing the security of the region by adopting projects of a joint strategy."   https://www.mawazin.net/Details.aspx?jimare=108459

Iraq Stock Exchange closed lower at the first sessions of the week

Economie| 03:14 - 07/05/2020  Baghdad - Mawazine News , the Iraqi Stock Exchange index closed on Sunday, down by 0.31%, stopping at 432.95 points.

The index recorded the decline of shares of 11 companies, the rise of shares of 5 others, while 7 companies maintained their share prices.

The number of traded shares reached 468,729,845 shares, at a value of 446,397,632 Iraqi dinars, obtained from the conclusion of 258 transactions, which included 23 joint stock companies, out of 104 companies registered on the stock exchange.   https://www.mawazin.net/Details.aspx?jimare=108476

The dollar decline against the Iraqi dinar

Economie| 02:39 - 05/07/2020  Baghdad - Mawazine News  The exchange rates of the dollar fell on the Kifah Stock Exchange and the local markets, on Sunday (5 July 2020).

The prices of the Kifah Stock Exchange - Baghdad were 122,600 dinars per 100 dollars.

Buying and selling prices in banking shops

The selling price of the dollar = 123,000 dinars.

The purchase price of the dollar = 122.000 dinars. Ended 29 / p

https://www.mawazin.net/Details.aspx?jimare=108467

Hakim to Blashardt: This is an Iraqi goal

Political| 02:10 - 07/05/2020  BAGHDAD - Mawazine News, leader of the Al-Hikma Movement, Ammar Al-Hakim, clarified on Sunday to the United Nations Representative in Iraq, Jenin Blaskhardt, the role and goals of the Iraqi coalition.

Al-Hakim said in a statement received by / Mawazine News / a copy of it, that "we discussed during our reception the representative of the Secretary-General of the United Nations in Baghdad Jenin Blaskhart developments of the political scene in Iraq and the region and the health crisis facing the world."

He added: "Where we stressed the need to intensify efforts to confront the Corona pandemic and address the economic reality imposed by the declining oil prices, and we demonstrated the importance of diversifying sources of income and activating the tourism, agriculture and industry sectors."

He continued: "We also discussed the file of early elections and the need to resolve the laws related to them, and we also called on the United Nations to assist in training and exchange of experiences."

Al-Hakim continued: "On behalf of the" Iraqis "coalition, we said that it is an Iraqi coalition that seeks to support the path of the state and restore confidence in the political system, and we affirmed that its doors are open to anyone who believes in these goals." Ended 29 / A 43

https://www.mawazin.net/Details.aspx?jimare=108461

Al-Nusairi invites the Prime Minister to meet with private banks and address obstacles to their contribution to overcoming the economic crisis

Economic and banking advisor to the Iraqi Private Banking Association, Samir al-Nassiri

Banks  The Economy News – Baghdad   The Economic and Banking Adviser to the Association of Iraqi Private Banks, Samir al-Nassiri, called on Sunday, the Prime Minister to meet with Iraqi private banks similar to his meeting with Iraqi businessmen for the purpose of discussing the obstacles to their work and their contribution to overcoming the economic crisis because without a sound and sound banking sector, no sound national economy can be built.

Al-Nusairi said in an interview with "Al-Iqtisad News", that "Prime Minister Mustafa Al-Kazemi and the emergency cell for financial reform do not hide the complicated economic conditions and repercussions of the spread of Corona virus, political disputes and conflicts by the political parties and blocs that led to great harm to the national economy and stalled the economic cycle and economic stagnation Added to this are the accumulations and repercussions in the absence of a clear economic approach to previous governments, foggyness, and confusion of vision for real economic reform.

And since the banking sector is the main link in the economic process, the current conditions have contributed to stopping the banking activity, especially the private banking activity since the outbreak of the demonstrations in October 2019, and so far, which has had clear effects on the lack of liquidity, low deposits, credit, loans and banking facilities due to the stop of working hours.

During the comprehensive roaming ban for more than 30 days and reducing the permanence and banking activity during the partial curfew, which led to a significant decrease in revenues, despite the many measures taken by the Central Bank in providing several facilities package for banks, including enhancing its liquidity by reducing the percentage of the legal reserve, postponing loan installments, stopping and postponing the imposed fines On the banks.

"According to the analysis of official data and statistics, the structure of the Iraqi banking sector consists of 7 government banks that hold 86% of all government and public deposits and 78% of all assets and private banks constitute 70 commercial and Islamic banks and invest 78% of the capital of the Iraqi banking sector and did not get Only on 13% of the total annual profits achieved at the total level and that the goals set for the banking sector in all government programs of previous governments are focused on achieving them is lending for development and considering banks as a lever for development and restoring confidence with the public and achieving financial inclusion in the sense of expansion and spread by providing banking products and services and practicing Real banking and digital transformation of the banking sector.

The financial and banking advisor explained, "Through an analytical view of the reality of the Iraqi economy and the challenges facing the financial and monetary policies, in particular, stimulating and revitalizing the economy by bank financing and banking facilities, the above challenges stand in front of its implementation at the present time despite the great efforts made by the Central Bank since 2016 to implement its strategic goals for years ( 2016-2020) which achieved such goals task and key notably developments structural and structural and technical in banks and increase the proportion of comprehensive financial and investment in Ras capital human and walk pace actively towards stability In the monetary system and achieving stability in the exchange rate since 2018 and still remains, however, private banks are in urgent and urgent need of government support by studying their problems in the current circumstance in the emergency cell for financial reform formed in the cabinet for the purpose of saving some private banks from collapse.

Al-Nassiri suggested the following:

First-that the nature of the activities of banks depends on the nature of the activities of the sectors of economic , and as long as the activity of economic is concentrated in the trade (imports) remains the activity of banks concentrated on the conversion external and associated so ..lma unless moving sectors other (industry, agriculture, tourism and others) do not expect the diversity of activity The banker.

It is worth noting that without controlling imports, these sectors will not rise, which explains the lack of progress on serious loans through the Central Bank initiative to finance small and medium projects.

Secondly , the legal environment must be provided and the rule of law should be established in order to eliminate the phenomenon of defaulting in the repayment of loans, as bad debts amounted to (5 trillion dinars) up to 30 June 2020, and they constitute a large percentage of the total credit granted and thus banks are reluctant to provide loans and facilities. Banking.

Therefore, we see that the decisions of the Council of Ministers and the Economic Affairs Committee of the Council of Ministers that were previously issued to support the banking sector, especially private banks, are not activated. It led to obstructing the activities and activities of private banks and greatly affected their liquidity, revenues, and deposits for that. 

For the purpose of overcoming the banks crisis, in a way that ensures banks ’transition from the role of banking to the developmental role and revitalizing banking work in the current circumstance, it requires the government, in particular the esteemed cabinet and the emergency cell, to activate the decisions previously issued by The Council of Ministers and the Economic Affairs Committee, which are as documented with the following numbers and dates.

Third-activate all the decisions of the Committee Affairs Economic special support banks , special and in particular Mayati: -

1 ‐ The Ministry of Finance changed its decision not to accept it to open bank accounts for ministries and state departments in private banks and restrict them to government banks according to its letter 207 dated 31/1/2019

2 ‐ Activate the decision to allow ministries and government departments to open documentary credits in private banks up to $ 50 million without going through the Ministry of Finance and the Iraqi Trade Bank.

3-activating Resolution Council of Ministers No. 110 of 2009 and the decision of the Committee on Economic Affairs on 2012 141/2/20 concerning the conversion of government documentary banking up to 30 credits million dollars to private banks through the Trade Bank of Iraq.

4-activating the decision of the Committee on Affairs of Economic No. 253 of the year 2015. Regarding the acceptance of sukuk certified by private banks to pay insurance, customs fees and taxes.

Fourth-activating decision Council of Ministers No. 378 of the year 2018 and the special levy fees of government in the departments of State of through payment mail.

Fifthly: Activating the Financial Services Court formed in accordance with the Central Bank Law 56 of 2004, and the Court may refer cases that require referral to the competent courts in accordance with the applicable penal law.

VI consider claims of debt distressed owed by customers in the banks own lawsuits urgent debts excellent like government debt.

VII . Add to Mai PEOPLE by Bank Central of efforts requires the government is also working to provide conditions and take measures to help banks own to obtain the classification of credit approved internationally and thus enhance relations banking international with correspondent banks.

Eighth - The Ministry of Finance compensated for the damage in the cash and fixed assets lost by the branches of private banks, which amounted to (37) branches in the governorates occupied by ISIS in 2014 and is documented with the Central Bank of Iraq.

IX-activating the decisions of the Council of Ministers No. 313 of 2016 and No. 218 of 2017 and private employees ' salaries and settling demand from government departments to settle their salaries according to their desire and directing them not to settle salaries in government banks exclusively.

Number of views 73 Added Date 07/05/2020  http://economy-news.net/content.php?id=20933

To read more current and reliable Iraqi news please visit BondLady’s Corner:    https://www.bondladyscorner.com/

Thoughts from Kai and Sierra 7-5-2020 "Trust the Plan"

"Trump's Speech at Mount Rushmore Celebration" by Kai - 7.5.20

Entry Submitted by Kai at 3:25 AM EDT on July 5, 2020

Fellow Patriots,

President Trump always provides clues, sometimes subtle, sometimes hidden clues regarding what we await regarding the Restored Republic of the United States of America.

At yesterday’s Independence Day celebration at Mount Rushmore, behind the podium, stood fourteen flags of the United States of America, blowing in the South Dakota wind. Old Glory front and center.

In his very patriotic speech, he spent time talking about the four former Presidents carved onto Mount Rushmore, heroes of our Republic from times past:

Washington, Jefferson, Lincoln and Teddy Roosevelt.

Washington and Jefferson helped establish the Republic we call home, fight for liberty with resolve, with prayer, with courage and sacrifice to defeat the strongest military at that time in the world to gain freedom, from England’s oppressive rule, pen the Declaration of Independence and other and historic documents, then assume leadership roles in the Republic of the United States of America in its infancy.

Lincoln was President when the Civil War was fought and he was instrumental to the slaves being set free, and get a robust economy on track. As he implemented U.S currency referred to as “greenbacks” issued by the U.S. Treasury as sovereign currency of a free nation, to move away from the powerful Bankers, he was assassinated.

Teddy Roosevelt was a passionate patriot, warrior, leader, and defender of America.

Trump identifies with and salutes and honors these heroes. These four Presidents honored when their faces were carved into the solid rock of Mount Rushmore in South Dakota.

They represent old glory but we still honor them today, American patriots all.

The soft announcement clue that the Restored Republic is activated? Once again the fourteen flags behind the podium all were without the Yellow fringes of the U.S. Corporation.

Old Glory was in full view, the flag of the restored Republic of the United State of America to which I pledge allegiance to the flag of the United States of America; and to the Republic for which it stands, one Nation under God, indivisible, with liberty and justice for all. God bless America.

I hope you had a very Happy Forth of July, let freedom ring.

Your fellow citizen and grateful patriot,  Kai

https://inteldinarchronicles.blogspot.com/2020/07/trumps-speech-at-mount-rushmore.html

"General Flynn: Where We Go One We Go All" by Sierra (NZ) - 7.5.20

Entry Submitted by Sierra (NZ) at 2:55 AM EDT on July 5, 2020

In a wonderful gesture of solidarity on Independence Day, General Flynn and his family recited the oath being recited by thousands of digital Q soldiers...

https://twitter.com/LisaMei62/status/1279597849097973760

It doesn't get more obvious that @GenFlynn is with US than his saying "Where we go one, we go all." #WWG1WGA #TakeTheOath https://t.co/vmwHpxiVCk

— Lisa Mei Crowley (@LisaMei62) July 5, 2020

As Lisa Mei Crowley says in her tweet...

'It doesn't get more obvious that General Flynn is with US than his saying, "Where We Go One We Go All'.'

Lisa Mei Crowley is right. It has been widely suspected by Anons that General Flynn is closely involved with Q - his 4th July video appears to confirm it. General Flynn is the bravest of the brave. Q always promised he would be freed but he and his family suffered a great deal before he was exonerated.

President Trump sets the scene for the final take down of the Deep State in this speech excerpt (KarliQ tweet)...

https://twitter.com/KarluskaP/status/1279549845813039105

Whoa pic.twitter.com/4Sb2PYQJub

— Karli Q  (@KarluskaP) July 4, 2020

'We are now in the process of defeating the radical left, the Marxists, the anarchists, the agitators, the looters, and people who in many instances have absolutely no clue what they are doing...' (President Trump).

The last words of his speech are chilling. How many people joined the protesting for an adrenaline buzz - to stir some trouble - without a moment's thought for the consequences? Did they believe their dark clothing and masks would ensure anonymity while they enjoyed their violent spree?

Many of the protesters would have been under the influence of mind control - hence President Trump's reference to them not knowing what they are doing. Their low vibration makes them vulnerable to Deep State mind control.

As we transition from 3D into 5D, the gap between action and consequence has become very small indeed. Instant karma - as in the video of the young protester who tried to startle a police officer on a horse, and the horse kicked her.

Speaking of karma, here's a reminder of the celebrities who will be rueing the day they set foot in what is becoming the most notorious plane ever - the Lolita Express...

https://twitter.com/cjtruth/status/1279209698462502912

Q post 4577 with all of the names of your favorite stars on the Epstein Lolita Express Part 1 of 2 #EpsteinIsland #LolitaExpress #QAnon pic.twitter.com/u1Y9nBMMIT

— CJTRUTH (@cjtruth) July 4, 2020

So many Hollywood 'stars' are implicated in Epstein's satanic web that it's easier to pick out the ones who are NOT. One such person is actor Rose McGowan. Here is her tweet calling for the arrest of Bill Clinton and Prince Andrew. What a gutsy woman...

https://twitter.com/rosemcgowan/status/1279133325689589761

Now get Bill Clinton and Prince Andrew pic.twitter.com/7CLn5nLTiV

— rose mcgowan (@rosemcgowan) July 3, 2020

Let's end with a beautiful photographic montage by Dan Scavino (President Trump's Communication Advisor) of the Mount Rushmore celebration...

https://twitter.com/Scavino45/status/1279466339095150594

Happy Independence Day! #4thofJuly2020 🇺🇸 pic.twitter.com/37cw3CiWz4

— Dan Scavino Jr.🇺🇸 (@Scavino45) July 4, 2020

There is so much hope in the world on the other side of the current chaos.

It is important for Light Warriors to remain positive. It is our job to encourage and inspire everyone around us. We are exhausted but we need to uplift each other. Positive posts on IDC make a huge difference.

If President Trump, the Alliance, the Q team and the entire military operation can find strength to remain positive in the face of immense daily pressure - so can we.

TRUST THE PLAN.

Where We Go One We Go All.

Love and Light
Sierra (NZ)

https://inteldinarchronicles.blogspot.com/2020/07/general-flynn-where-we-go-one-we-go-all.html

MilitiaMan Sunday 7-5-2020 "A Whole Lot Of Smoke"

KTFA:

Parliamentary Economy: Ports revenue 10 billion dollars, only 1 billion received    LINK

MilitiaMan:  The road map for ports to get revenues in line and on track is very important and is looking to be a priority.

The taxes and fees are a major source of income that needs to be locked down and away from corruption. The disparity between what they suggest they get compared to what is really going through the ports is staggering and it won’t be tolerated any more.

They know that the source of revenues will match or beat the amount of monies that is derived by present oil proceeds annually.. This is a key for paying salaries and funding future budgets.

Salaries have yet to be dispersed thus far. It is said they will be paid tomorrow with borrowed funds from the Ministry of Finance.. over a 10 year period? Wow!

The  MOF knows that sort of behavior is frowned upon globally. It makes little to very bad business sense and goes against the citizens needs and is something the demonstrators are against.

Paying salaries at a program rate again for the next three months sounds to me to be fake news. They have shown in articles at least five varying reasons about the delay in payments..

Without the 2019 FMLA exposed they’ll not come to a 2020 budget nor a 2021 budget.

Salaries not paid because...

1. Just waiting for hard currency exchange.
2. Bonds are being liquidated...
3. Internal borrowing from Private Banks
4. Application forwarded for an IMF loan.
5. Will pay salaries tomorrow or after. (BB’s) 

So, with those inconsistencies we can see there is an underlying issue and it may not be what it appears.

The mechanisms needed to pay salaries are related to the unity of the country to be fair in distribution of funds from all provinces.

Seems the Kurds believe that they are superior and don’t have to play by the rules and can take what they want and when they want even when it goes against their own people..

Iraq’s wealth is to be distributed fairly and it should be.. At this juncture it would behoove them to get the lead out and come to an agreement so that they don’t implode..

They know all to well that the gravy train is coming to an end. They are the ones that denied they didn’t pay salaries, yet, they give us an example they will distribute through 07/15/2020, the same day of Alak’s tenure at the CBI.

By them rolling out payments over time suggests there is questionable practices, who gets them first, why not all at once and why roll them out to that specific day? Are the actually paying anyone? All unanswered questions thus far.. imo 

My view is there is more to the story and it is locked in the dialogue between Baghdad and Erbil. Entrenched in the 2019 FMLA.

If it wasn’t we would not be here at this point in time. The road map or White Papers peered reviewed globally tells us they have a plan and one key component is to raise the exchange rate to go to a market economy.

That key point is a part of the first phase not the last phase that Kahdemi told us he would have completed within 60 days. That alone flies in the face of we need more time to do reforms..

So, imo the borrowing through the MOF seems to be out of place and misinformation is seemingly abundant and at many levels.

Just as we were told that there would be propaganda Involved in the process or monetary reforms and economic reforms  that would be present in the process, by Dr. Shabibi..

We shall see how this unfolds. Don’t forget they told us the solution was to go to a market economy and raise the value of their currency and not borrow to pay salaries and pay interest on it for 10 years!!!

A Whole lot of SMOKE.. Imo ~ MM   

Assadi, after being assigned to head the National Security Agency: there is no return to terrorism and we will expel all of his cells   LINK

MilitiaMan:  The new PM still hitting the ground running. A new NSA man on the side of the People in Iraq and not Iran.. A good thing.. imo ~ MM

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Former deputy: Al-Kazemi's government will not achieve  anything   LINK

MilitiaMan:  The man has achieved many things, one in particular was replacing a key man at the NSA.. imo The corruption files are probably a key factor coming to those that have it on their hands. All that loot that was stolen.. Might start talking before they doors start a knockin.. imo.. ~ MM

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Samson:  The Parliamentary Foreign Ministry suggests that a number of representatives of large blocs join the negotiating delegation

5th July, 2020
The Parliamentary Foreign Relations Committee suggested that a number of representatives of large blocs join the delegation of Prime Minister Mustafa Al-Kazemi during the upcoming dialogues with the United States of America.

Committee member Amer Al-Fayez said in a statement that Al-Kazimi's visit to Washington has great dimensions, especially at the security level.

Al-Fayez indicated that Al-Kazemi is in the process of conducting visits to a number of neighboring countries and some European Union countries with the aim of strengthening the relationship with those countries in the economic and security fields.   LINK

MilitiaMan:  The delegation may want to mention that borrowing money to pay salaries for another 3 months is foolish and the USA and the UK know it.. imo.. ~ MM  LOL

Restored Republic via a GCR- Rumors as of Sun. July 5, 2020

Thank you Judy

Restored Republic via a GCR: Update as of Sun. 5 July 2020

Compiled Sun. 5 July 2020 12:01 am EDT by Judy Byington

Judy Note: On Sat. 4 July no new intel came in and the GCR rollout appeared to remain the same as presented in the last report:

On Wed. 1 July China started the Global Currency Reset international release. That same day the GCR was to begin in the US, but Deep State Operatives who had been kicked out of Reno, were arrested when they tried to hack Tier 4 bank servers in the US and skim GCR funds in Zurich.

Beginning Wed. 1 July and over the next several days, there were arrests in the UK. By Fri. night midnight 3 July there were 168 high profile arrests completed in the US. The mass arrests in Zurich were in the Rothschild Bank. The US Military has recently made over 16,000 arrests according to official reporter for the Pentagon Pedophile Task Force, Timothy Charles Holmseth.

On Sat. 4 July through Mon. 6 July Group Leaders and Paymasters had appointments to exchange/ redeem.

The July 4 Independence Day Celebrations did not see announcements on the US Dollar returning to a Gold Standard, nor implementation of NESARA debt forgiveness law. New Presidential elections had to be held within 120 days after announcement of NESARA, so Trump had until Mon. 6 July unless a new Election Day would be presented – which was likely the case.

Mon. 6 July: Buyers, Paymasters and others were told that Tier 2 should be liquid.

Tues. 7 July: Expected Liquidity Release Day for all tiers including us in Tier 4b.

From now to Tues. 7 July: The release of Secured Websites with instructions on how to obtain your personal 800#s to obtain your appointment to exchange currency and redeem Zim at Contract Rates could happen at any moment.

If you wanted the Contract Rates on your currency exchange you must make your appointment within the first seven days after the Secured Websites came out. Zim redeemers should try to set appointments within the next four days. We would have 30 days to exchange at the Contract Rates. It was believed the general public would begin exchanges at the new international rates around mid-July.

A. Congress: The US Congress would be out of session to take another "vacation" beginning Fri. 3 July, while the Democratic House of Representatives planned to be gone through August. Meanwhile Lindsey Graham recently dropped over 50 subpoenas on Obama Officials; sex attack allegations against Joe Biden were expected to be revealed and according to Q Post 4492, many Democrat governors were expected to be exposed and charged with 3rd degree murder.

Graham 50 Subpoenas: https://thecongressionalinsider.com/boom-lindsey-graham-finally-comes-through-drops-50-subpoenas-on-obama-officials/

Biden Sex Attack Victims: https://video.twimg.com/ext_tw_video/1265008768624050181/pu/vid/480x270/nJkV0Fg4NsmzW_2X.mp4?tag=10

Partial Arrest List: https://qalerts.app/media/c6d6c6c63a8174428af11ed14f02f00ded52004ac8ffe90911535473abca9273.jpg

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B. Dealing with Covid-19, Dr. Kelly Victory, M.D: Breaking down Covid-19 by Dr. Kelly Victory, M.D. Dr. Kelly was a trauma and emergency physician, with a specialty in disaster preparedness and response, and the management of mass casualty. “For the past two decades, I have been in public health, working with and advising Fortune 500 companies, hospitals, schools, and municipalities, developing plans and training them, to respond effectively to the worst ever cases, whether that be a hurricane, a flood, an active shooter, or a pandemic.

"The vast, vast majority of people haven't been victims of the actual virus, but of our response and reaction to the outbreak. Now we find ourselves months into the event, and communities across the country have suffered needlessly, and are struggling to find a way out of this mess. My hope is that in this short presentation, I can provide you with information that will allow you to be better informed about Covid-19, and, as importantly, more secure and confident to fully return to your lives, your businesses, schools, and places of worship, without fear and without limitations."

She goes on to describe what we now know about this virus and that "it's a mild disease in the vast majority of people. 85% of people who contract Covid-19 have few, if any, symptoms at all. Another 10% or so actually become ill, as you might with the flu, and need to seek medical care. But only a very small number actually require hospitalization. And although any deaths are tragic, only a tiny fraction have died from this infection.

So it's turned out to be such a "nothing burger," compared to the media hype we were told, by the CDC and the media. There's been far more damage from the effects of shutting down the world than from the virus itself. It's been a virus that barely affects around 99% of those who might catch it, except for those already badly health-compromised, such as the elderly, with other health maladies, diabetics, those with hypertension or respiratory ailments.

Listen to Dr. Victory to learn why you need to use what you already know about how to improve your immune function and maintain normal healthy habits to help your body deal with any infection that might come along.

C. International Child Sex Trafficking:

Weiner Laptop Exposed: https://www.youtube.com/watch?v=nFMwC6i63vU&feature=share&fbclid=IwAR11FSg47m1A-uwOxm_snUhSQ-sHpnT0RHvcINULxUyIjJvYYL3AHDYzzYU&app=desktop

Thurs. July 2 2020 Jeffrey Epstein's confidant Ghislaine Maxwell arrested in New Hampshire, FBI says: https://www.foxnews.com/us/jeffrey-epsteins-confidant-ghislaine-maxwell-arrested-in-new-hampshire-fbi-says

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D. Exchange of Foreign Currencies: Redemption of Zim Bonds: The below was a compilation of information received about exchanging/redeeming and written in my opinion only. Official instructions would come out with release of the 800#s and could easily differ:

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.”

Reports were that Dinar and Dong were no longer available to buy until after Contract Rates were no longer available.

800 # Notification: Several Tier 1 banks would send out 527,000 + emails to currency and Zim holders containing a Secure Website link and coded 800 number to call for appointments and 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 Secure Website on the websites as below. That Secured Website would have instructions on how to obtain your personalized coded 800# ID number for the redemption process.

The Safe Link Website where you could obtain your own 800# would be on these links:

Dinar Chronicles: http://www.dinarchronicles.com https://inteldinarchronicles.blogspot.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/

Your Exchange/ Redemption: 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.

On Zim Redemption: They wanted as many Zim holders as possible to redeem their Zim in the first four days after the Secure Websites and 800#s 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.

Except for seniors, all Zim would be placed on long term payouts. The longer the payout period you choose, the higher interest rates you could obtain on monies left in your account during your payout period. According to Bruce that rate could be up to 9.45%. In that long term payout, you should calculate how much you need for the first 90 days – until your first quarterly payment and then ask for that amount to get you through to your first payout.

There was no more 20/80% for your personal use and your humanitarian project. You would have full access to all of your funds (except those in your structured long term payout). If you had ten or less 100 Trillion Dollar Zim Notes, you had an opportunity to negotiate a better rate than those Zim holders with over ten 100 Trillion notes.

Contract Rates: You would be offered the Default Rates at your appointment. If you wished the higher Contract Rates you needed to request them, along with being able to justify the higher amounts through your humanitarian program and/or by participating in the national and international humanitarian projects (which would be explained at your first appointment). It was advised to practice your project presentation so you could obtain the higher rates at that first appointment.

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 of 500 sanctioned projects that they would present to 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). You and your Wealth Management team have up to six months to request the higher rates according to the needs of your project.

The 500 infrastructure projects that Trump has been pushing to "Rebuild America" (google "apmreports.org/trump-infrastructure-projects") would utilize Dubai 1, 2 funds through Tier 1 government accounts, Tier 2 humanitarian and govt related organization accounts. While govt funds were handling the infrastructure projects nationwide, funds from us in Tier 4b Zim holders would be investing in projects (for those ZIM holders who choose) to rebuild city and town centers, create jobs and stimulate local economies in the 8,761 economically depressed "Opportunity Zones" in the US.

Many projects submitted by governors focus on transportation — roads, tunnels and bridges. See project proposals by state here: https://www.apmreports.org/story/2017/05/11/trump-infrastructure-projects#data https://www.apmreports.org/story/2017/05/11/trump-infrastructure-projects

Taxes: In the US exchanges-redemptions were tax free by the Gold Treaty stipulations but there would be taxes on the Structured Payout program (annuity investment) interest payouts annually by the IRS/Treasury and by individual states. This would be fully explained at the first and second apt. If the IRS representatives were present, it would be related to this. Your Wealth Manager and team would happily represent you and your desires to all Federal govt representatives present.

The debit card cash cap received at your appointment was increased from $140 million to $250 million.

Exchange Fees: The rates we received would have Exchange Fees already charged and assessed against the Street Rate and not any Negotiated Rate above that Street Rate, but we could only speculate until we were actually seated in the Redemption Center or bank.

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.

Negotiation for Higher Rates: 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). Your WM and Trust Company team would be happy to negotiate for you for the higher rates.

Paymasters, Group Leaders and Group Participants: There were established limits for rates to be charged by a bank, paymaster or group leader, who were required to fully disclose those limits to each and all group participants.

If you lived outside the US, Canada or Mexico, the 800# would likely not work for you. You needed to go through the Secure Website obtained from links as mentioned above to get your personal 800# and appointment. Contact the HSBC Bank in your country, or if there was not a HSBC Bank, contact any of the large banks in your country.

Question: “Will the Safe Link Website have opportunity for international people to coordinate their exchange domestically - including ZIM?”

Answer: “If your domicile is outside the country domestic exchange is possible including ZIM, as long as you have proof of USA residence (utility bill, green card, etc). You can tell the 800# Call Center representatives and they will answer any questions about your domestic exchange.”

F. It’s All About the Children

Life was about educating yourself on how to become a better person, and then being that person you were meant to be. Greatness would never be found in possessions, power, position, or prestige. It would be discovered in goodness, humility, service and character. As we embarked on this opportunity to do good in the world, remember that you were a Child of God who was sent to this earth to perform a special mission and only you through consultation with your Father in Heaven who sent you here, could decide what that great mission would be.

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/ 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

**

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/2020/07/restored-republic-via-gcr-update-as-of_5.html

TNT, FootForward, X22 Spotlight and more Sunday Morning 7-5-2020

TNT:

Tishwash:  A demonstration begins in Diyala to demand payment of salaries of government department employees

On Sunday, the Parliamentary Finance Committee ruled out that the coming days would witness the submission of the 2020 budget, pointing out that the government is currently busy preparing the 2021 budget.

"The government cannot provide any budget for 2020 with a monthly resource of $ 2.8 billion, at a time when the operational budget needs at least $ 7 billion per month," committee member Jamal Ahmed told Al-Maalouma.

He added that "the government will not be able to submit a budget of 60% of which is a deficit, and therefore it will not submit a budget for the current year, and will remain within the system of 1/12."

Ahmed explained, "The Financial Management Law provides for a budget for the next year at the middle of May, and therefore the government has recognized its preoccupation with the 2021 budget."  link

Harambe:  The Sunday Mail: (Zimbabwe) Forex auction restores hope

(7/5/20)

The foreign exchange auction system, which had a flying start, has reignited prospects of a stable Zimbabwe dollar, which would help forestall the impact of the fallout from the coronavirus pandemic.

After only two successful auctions, grain millers have already indicated that they expect the price of bread flour to fall significantly on account of improved access to cheaper foreign currency for wheat imports, a development expected in all other sections of the economy.

The millers said most businesses had resorted to using black market rates when quoting prices of goods and services and the premiums must now translate into price reduction across all economic sectors, because the auction now provides access to cheaper forex.

Grain Millers Association of Zimbabwe (GMAZ) chairperson Mr Tafadzwa Musarara said the auction is expected to create a reliable and cheaper source of foreign currency.

“It (access to forex) has been fair and very effective so far. It is a reliable way of getting foreign currency, which makes it easier even to remit (forex) outside the country without the risk of violating the law.

“There is also another risk that has been averted (through forex auction system): the risk of buying foreign currency on the parallel market only for the funds remitted to be flagged as laundered money.

“Everyone was using the black market for their costing and now they are getting foreign currency cheaper at perhaps 40 percent lower than the black market, so we expect that 40 percent savings to be pushed to consumers,” he said.

The exchange rate eased to $63,7 against US$1 at the second straight auction on Tuesday this week, a movement of just over 10 percent from the $57,3 realised at the inaugural auction as more importers took part.

Most of the forex was allotted to the productive sectors of the economy. The auction system, which was introduced on June 23, replaced the stuttering interbank market that had been adopted in February last year.

The Reserve Bank of Zimbabwe, however, temporarily adopted a fixed exchange rate regime of 1:25 in March to militate against the devastating effects of Covid-19.

But this made it uneconomic for exporters to sell at fixed rate, resulting in many withholding their funds and starving the market.

This unleashed a wave of successive price increases that have since eroded incomes, especially for low income earners. Also, savings have been buttered while inflation has shot to a post-dollarisation high of 786 percent by May, from 5,4 percent in September 2019.

Without a systemic market-based exchange rate determination system, the market sought to hedge the ravaging impact of exchange rate volatility and escalating inflation through forward pricing, setting prices way above the speculative open market rates.

Hope for economic recovery

Authorities may have found a viable solution in the auction system, which captains of industry believe has restored hopes for the economy.

Analysts initially forecast the economy to slump between 15 to 20 percent this year due to Covid-19.

Before the outbreak of the disease, Government initially projected a 3,6 percent growth. Industrialists said the absence of a formal foreign exchange market had made it increasingly difficult to access foreign currency for businesses, in addition to fuelling local currency volatility.

High unemployment, low production and productivity levels and the currency crisis had almost eliminated any recovery prospects of the economy,” Confederation of Zimbabwe Industries (CZI) said in a policy response paper on the new foreign exchange auction system.

It also said the doing business environment has been worsened by the Covid-19 outbreak, which has shuttered global economies and collapsed aggregate demand, disrupted supply chains, caused job losses and debt accumulation, including working capital constraints.

True auction system.

The industry lobby group, however, cautioned that there was need to continue operating the auction system transparently, especially drawing from past unsuccessful experiences in 2004 and 2005.

“The auction was tried in 2004-2005 and failed. We know why it failed, but we will learn from history and avoid the same mistake.

“As we all know, the key success factors are: allow the auction to be a true auction and maintain fiscal and monetary discipline,” CZI said.

For the auction system to succeed, CZI added, there was need for market confidence by allowing free interplay of market forces while authorities must religiously maintain an iron-clad grip on fiscal and monetary discipline, including ensuring stability of local currency.

“For the auction to work and influence the price of foreign exchange across the economy, it must be perceived to be credible. We know that the auction market in 2004 degenerated into an allocation system, not an auction. So, the question is: how can we ensure that the auction is perceived by the market as credible?”

The industrial body believes that it is critical to maintain stability of the Zimbabwe dollar and its viability as a store of value.

https://www.sundaymail.co.zw/forex-auction-restores-hope

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Courtesy of Dinar Guru   https://www.dinarguru.com/

Footforward   [I think most would be happy for a 1:1 rate.]
 It won't be. It's supposed to be higher.

Pimpy  ...right now with the Iraqi dinar - it's going good.  It's going smooth.  Better than it ever has before.  Before when we used to get excited about this news, now it's coming out so commonplace that we don't even think about it hardly no more as anything overly exciting because we're used to Al-Kazemi cracking the whip on people...there's something definitely happening in July.  I don't know what it is.  There's a major announcements getting ready to come from Trump... 

Austin-Powers-For-PM   So I want to clear up the confusion of  "Rates"  between being 'In country' and 'International. If I'm in Canada right now, and I have $1.00 CDN, it will buy me what $1.00 CDN can buy. However, if I take that $1.00 CDN and cross the border, I have to "Exchange" it for whatever the rate is to purchase U.S. Dollars (around 74 cents). Same goes with U.S. Dollar to purchase Canadian Dollar (around 1.34 Canadian for each U.S. Dollar).  When the 3 Zero's are deleted, a 25k note still stays a 25k note, but now you can exchange it for 25k in lower denoms (or if you deposit it into a bank. it still is 25k). Once you leave the country and you want to exchange it into U.S. dollar, you can get whatever the exchange rate is. So if it's $4.00 you get $100,000 for your 25k note.  So there is no 'in country' rate, simply an exchange rate between Dinar and other international currencies.

The [DS] Was Transforming America, The Silent Majority Cannot Be Silent Anymore:Patrick Colbeck

X22 Report Spotlight:  Jul 4, 2020

 https://youtu.be/P1eu0L-bTE4?

Iraqi News and Highlights Sunday AM 7-5-20

Iraqi News and Highlights Sunday AM 7-5-20

TLM 724 Administrator BondLady’s Corner

The Iraqi Institute for Economic Reform contracts with experts

Saturday 04 July 2020  Baghdad / Al-Sabah  The Iraqi Institute for Economic Reform seeks to contract with experts who can supplement the Institute's sessions with proposals, by submitting a policy paper and by two papers in session.

A statement of the institute conveyed that this step comes in line with the principle of societal partnership in formulating economic reforms in cooperation with (CIPE) to organize three electronic dialogue sessions, in order to issue reform packages that address the challenges faced by the national economy.

The statement pointed out that the three sessions will stand at three important joints in the national economy, as the first focuses on rationalizing public spending, addressing slack career and reforming the salary scale and the role of the private sector in that, while the second joint stands when working on developing the private sector and providing the necessary financial liquidity The third chapter deals with maximizing public revenues through tax and customs channels.

https://alsabaah.iq/27262/%D8%A7%D9%84%D9%85%D8%B9%D9%87%D8%AF-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D9%84%D9%84%D8%A7%D8%B5%D9%84%D8%A7%D8%AD-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A-%D9%8A%D8%AA%D8%B9%D8%A7%D9%82%D8%AF-%D9%85%D8%B9-%D8%AE%D8%A8%D8%B1%D8%A7%D8%A1

Corporate social benefits and opportunities to stimulate development

Saturday 04 July 2020  Baghdad / Hussein Thagab  An economic symposium addressed an important axis of the private sector within the labor market, which represents the social responsibility of companies, which is one of the most important duties of the public and private sector, and it is an ongoing commitment by them to contribute to the development and improvement of the cultural, educational, economic and health level. The seminar, which was held through the window of (the Iraqi Economic Forum) under the supervision of the Baghdad Chamber of Commerce and with the participation of an elite group of economists, acknowledged the importance of corporate social responsibility towards local communities in work areas, and the role of this in the community’s interaction with companies The investment.

Economic activities

The head of the Baghdad Chamber of Commerce, Firas Rasul Al-Hamdani confirmed that "the symposium came out with several recommendations, the most important of which is to emphasize the aspects through which the social responsibility of the private sector is activated, which is the economic aspect, support for economic and social activities in Iraqi society, and commitment to regulations and laws in the practice of the economic process, as well as attention to employees As for the social aspect, it stood up when promoting moral values ​​and social solidarity, respecting different laws, regulations and cultures, helping in facing crises due to policies, disasters or diseases, and supporting social and sporting activities and events.

And health. "

Al-Hamdani added, “As for the legal aspect, it focused on the importance of adhering to local and national laws and the legal texts that it operates during the exercise of the activity and taking into account the effective ones, and transparency in publishing regulations and laws related to the work of the private and public economic sector, as well as stressing the reasons for the success of social responsibility in the private sector.”

development projects

The seminar was attended by the advisor to the Prime Minister Kazem Al-Hassani, the former president of the Iraqi Chambers of Commerce Federation Jaafar Al-Hamdani, the consultant engineer Qusai Al-Araji and a member of the Board of Directors of the Baghdad Chamber of Commerce Muhammad Zaboon and specialists in economic affairs Dr. Muhammad Al-Khursan, Aqil Al-Muhammadawi, Dureid Al-Shaker Al-Anazi, Fadel Al-Muhammadawi, Saif Adel Hassan, Ahmed Salman, Karim Fawaz and Alaa Al-Tamimi and Abdel-Hussein are blessed.

She focused on emphasizing the importance of culture to social responsibility in the private economic sector. It is noticeable that a number of stakeholders need to increase the culture of social responsibility for the sector, as the culture of giving is limited to charitable, non-developmental actions related to feeding the poor or providing clothes without addressing projects Development raises the standard of living for members of society.

Plans and goals

The symposium pointed out the importance of working to unify the efforts of the informal sector, as social responsibility of the private sector in order to affect it needs to take an organizational form that has specific plans and goals instead of being random efforts; In other words, developing, implementing, and evaluating development plans by the private sector, and increasing expertise, knowledge and scientific ability to set standards and criteria for measuring efforts, because there is a confusion between charity and social responsibility.

Financial sums

The symposium stood when encouraging partnership, that is, the participation of the public sector in social responsibility in providing an appropriate environment for what it possesses or what it manages from public facilities or properties and scientific ownerships that can be used to activate and fully implement responsibility as well as through tax exemptions, government tenders and special privileges And linking them to achieving social goals to make the contribution effective by the public sector, as well as activating the role of the private sector because of its capital by allocating funds as required by the profits of the private sector institutions to participate effectively in the programs and centers through which unemployed youth are trained and rehabilitated and that these be The sums are from good initiatives and are not binding, and its role is not limited to providing goods and services, but rather to doing more.

Women's Empowerment

The participants emphasized the empowerment of women and the raising of their capabilities and skills in a manner that qualifies them to participate in the development process and in order to take an effective role in social responsibility, and the role of the media and is to activate the importance of spreading social responsibility because it is good to announce the social efforts exerted so as to set an example for others in the race in this regard from everyone to achieve The greatest possible benefit to society.

https://alsabaah.iq/27264/%D8%A7%D9%84%D9%85%D9%86%D8%A7%D9%81%D8%B9-%D8%A7%D9%84%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9%D9%8A-%D8%A9-%D9%84%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D9%88%D9%81%D8%B1%D8%B5-%D8%AA%D9%86%D8%B4%D9%8A%D8%B7-%D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9

Maximize resources

Saturday 04 July 2020  Thamer Al-Heims  Maximization of resources has become an irreplaceable matter, and it needs a unique practical will, as it - meaning maximization - is a general qualitative shift.

Also, society does not ignore values ​​and does not suffer from chaos and confusion, but it suffers from the betrayal of its members by the Covenant and their failure to fulfill obligations Ethics.

The launch of the slogan of maximizing non-oil resources in the oil ministry’s house by the Prime Minister announces that there is a quality transfer that will take place. Perhaps early in this shift was the lifting of the cover practically from the multi-salaries as he called them the government spokesman, meaning that they did not absorb the word Double.

This process will supply the budget in its darkest conditions and we now hear a movement towards the border outlets to save more than ten billion dollars that used to go to the paths of corruption with this amount. We will provide a quarter of the salaries annually after Inhale it.

There is no doubt that the second line after the ports will reach the foreign exchange as supplied daily by the currency market, as it will shrink after closing the informal ports and operating the electronic performance as a guarantor condition, with a fee previously deducted from the import license, random import will shrink and the flow of the currency market will be strengthened, strengthening the dinar.

Here, random market forces move lamentably over scarce materials such as dates, grapes, vegetables, poultry, eggs or fish and milk, and on Chinese cornstarchs and luxury items such as sweets of all kinds.

This procedure, if practically taken without compliments, ensures the real economy grows by cultivating it and making it economically feasible, which is the industrial sector, with its three public, private and mixed wings. If we tighten our outlets, it is not only security, but electronic.

Which maximizes non-oil resources is the oil industry and is quickly available as the licensing process was made available, especially since the oil industry is now not at its best globally we must take advantage of the announcement of establishing refineries covering what we need and export, to save three billion on the import of oil derivatives right Now.

As for agriculture, it is the most fortunate in the greatness after the palm of its historical enemy, which is the indiscriminate and destructive import of agricultural and animal production, followed by the management of the private and public sector, which are known conditions.

And qualifications. The current circumstance is the most appropriate time in terms of repayment of the development goal.

https://alsabaah.iq/27263/%D8%AA%D8%B9%D8%B8%D9%8A%D9%85-%D8%A7%D9%84%D9%85%D9%88%D8%A7%D8%B1%D8%AF

The stock market trades 14 billion shares

Saturday 04 July 2020  Baghdad / Al-Sabah  The June report of the Iraq Stock Exchange revealed that 14 billion shares were traded during (11) sessions of trading in shares of joint-stock companies at a rate of four sessions per week from Sunday, June 14 to Tuesday 30 June 2020. During the partial curfew period, the Executive Director of the Iraq Stock Exchange Taha Ahmed Abdel Salam said: "The value of shares traded amounted to 8 billion dinars,"

noting that the market did not organize trading sessions from the beginning of June until 13 of it because of a complete curfew due to the Corona epidemic, and also did not organize trading on Thursday 18 and 25 June because of A total curfew. "

Market system

Abdel Salam indicated that "trading during the partial curfew is carried out by the trading brokers of its brokerage firms from its headquarters in Karkh and Rusafa via the On-Line electronic market system, remote trading, while the investors' room is closed in implementation of the decision to prevent rallies since March 2020".

And Abdul Salam indicated that "the trading indicators in stocks indicated that 11 trading sessions were organized according to the trading instructions and electronic trading rules, and that the settlement and clearing took place on the same day of the session T + 0, and that the number of companies traded reached (49) companies, and the total number of transactions executed reached 3924 trading deals On stocks, the ISX60 market index for the prices traded on Sunday, June 14, closed at (423.35) points, and closed on Tuesday, June 30 at (434.94) points, up by 2.6 percent.

Financial data

On the decisions of the Securities Commission, Abdul Salam said: “The Securities Commission issued several decisions during the month of June 2020, the most important of which is to extend the reporting period and financial data for the year 2019 and the quarterly statements for the first and second semesters of 2020 for joint stock companies for a period of three months from their prevailing timing, to enable companies to implement Disclosure requirements. "

Control and inspection

He pointed out that the Board of Governors in the market issued several decisions, the most important of which was to discuss the report of the month of May 2020 and follow-up trading activity in the market, and to approve the employees ’work plan during the month of July in line with the decisions to ban partial roaming, and to ratify the plan of oversight and inspection of brokerage companies after adjusting them to be consistent With the requirements of the partial curfew, he suggested modifying the disclosure times for large deals between financial and banking institutions and submitting them to the Securities Commission,

a proposal to amend procedures and timings for the transfer of electronic trading authorized persons between brokerage companies and submitting them to the Securities Commission, and discussing technical department notes on the activity of managing the electronic system during the months Past and upcoming work plans. "

European Union

Abdul Salam pointed out that "the market participated in the Iraq Finance Expo (IFEX) conference, which was organized by means of modern meetings, ZOOM for the days from 22-24 June 2020. The Iraq Stock Exchange presented Presentation in a session on 6/23/2020 next to the Central Bank of Iraq

The Al-Rabeeh Brokerage Company and City Bank, and the European Union Asian Stock Exchange media FEAS conducted a video interview via the (ZOOM) program with the Executive Director of the Iraq Stock Exchange published on the official website of the union discussed the plans of the Iraq Stock Exchange during the Corona pandemic, ways to continue activity, and the future of economic activity

And the capital market, and the European Union of the Asian Union (FEAS) held on Monday, June 29 its annual meeting via the ZOOM program with the participation of all members, chaired by the President of the Board of Directors of the Federation and CEO of the Muscat Stock Exchange.

Among the most important decisions of the General Assembly was the presentation and discussion of the 2020 action plans and the postponement of the elections of the Federation's Board of Directors to 2021 due to the Corona pandemic and the approval of the 2019 financial statements of the Union.

https://alsabaah.iq/27261/%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D8%A7%D9%82-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A-%D8%A9-%D8%AA%D8%AA%D8%AF%D8%A7%D9%88%D9%84-14-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%B3%D9%87%D9%85

High dollar exchange rate in local markets

Market Economy News _ Baghdad

The exchange rates of the dollar rose on the Kifah Stock Exchange and local markets, Saturday, (4 July 2020).

The prices of the Kifah Stock Exchange - Baghdad were 122,800 dinars per 100 dollars.

Buying and selling prices in banking shops:

The sale price of the dollar = 123.250 dinars per 100 dollars.

The purchase price of the dollar = 122.250 dinars per 100 dollars.

Number of views 45 Date added 04/07/2020

http://economy-news.net/content.php?id=20925

Member of the Parliamentary Economy submits eight proposals to the government related to border crossings

Praatha News Agency134 2020-07-04  On Saturday, a member of the Parliamentary Committee on Economic and Investment, MP Mazen Al-Faili, presented eight proposals to the government regarding the work of the border outlets, including the subjection of all ports to the management of the federal authority, including the Kurdistan Region, considering that the government's success in imposing the rule of law on the outlets will restore confidence to the rest of the state .

"We emphasize that the government takes quick steps and effective measures in collecting port revenues, whose realistic amount amounts to at least ten billion dollars at least annually, but the actual revenue is not exceeding one billion dollars," Suspect Al-Fili said in a statement.

He added, "Finding solutions for this economic facility is not limited to providing significant and important revenues that revive the public budget only, but also contributes to the revitalization of the industrial and agricultural sector and the protection of the national product and the accompanying provision of additional job opportunities for Iraqi youth and stopping the flow of hard currency to import these materials,

not to mention The fact that the government succeeds in imposing the rule of law on the outlets will restore confidence to the rest of the state’s institutions and departments and motivate it to adopt firm oversight activities in the face of corruption and corrupt people in various state locations.

He continued, "We propose in this regard a set of mechanisms and steps, the most prominent of which are:

1- Adopting governance (the electronic system for collecting customs duties) in a comprehensive management of all outlets, to ensure accurate monitoring and responsible follow-up in the full collection of revenues.

2- Subjecting all ports to the administration of the federal authority, including the Kurdistan Region.

3- Appointing an honest and efficient field administration for each outlet and supporting the deployment of elite security forces that protect their sound decisions and block the way for any groups that interfere in the work of the outlets and their revenues.

4- Close the unlicensed ports and crossings that operate outside the control of the state and the law.

5- Reconsideration of granting exemptions from customs, as regulatory reports indicate that they are exploited by persons and entities not legally covered, and exemptions should be minimized to the maximum extent possible, and that customs duties are collected from everyone in the outlets and after verification in the center of the validity of their inclusion in the exemption The statutory refund to them at the withheld customs fees.

6- That the process of paying the customs of imported goods, their fees and tax be completed at the time of the contracting process or if the merchants purchase the hard currency from the currency auction to reach these goods to the outlet and they meet all of its conditions.

7 - Regulating import licenses and matching them with incoming goods and commodities to prevent tampering with the quality of goods or exchanging them in customs fee transactions, which results in reducing fees imposed on them.

8- Connecting all outlets to a national control center in Baghdad by means of a camera system that covers the work and activity of employees in the outlets to detect any tampering with the passage of goods.

http://burathanews.com/arabic/news/372069

Parliamentary Economy: Border crossing revenue is $ 10 billion annually, of which only one billion is earned

money and business  Economy News _ Baghdad  Member of the Parliamentary Economy and Investment Committee Mazen Al-Faili said on Saturday that the border outlets in Iraq achieve annual financial revenues of $ 10 billion, but only one billion are earned.

Al-Faili said in a statement received by "Al-Iqtisad News", "We stress the government taking quick steps and effective measures in collecting the revenues of the outlets, whose realistic amount is at least ten billion dollars at least annually, but it is actually obtained not to exceed one billion dollars."

He pointed out that "finding solutions for this economic facility is not limited to providing significant and important revenues that revive the public budget only, but also contributes to the revitalization of the industrial and agricultural sector and the protection of the national product and what is required by providing additional job opportunities for Iraqi youth and stopping the flow of hard currency to import these materials, not to mention the fact that the government's success In imposing the rule of law on the outlets, it will restore confidence in the rest of the state’s institutions and departments and motivate them to adopt firm oversight activities in the face of corruption and corrupt people in various state locations.

In this regard, Al-Fili proposed a set of mechanisms and steps, the most important of which are:

1- Adopting governance (the electronic system for collecting customs duties) in a comprehensive management of all outlets, to ensure accurate monitoring and responsible follow-up in the full collection of revenues.

2- Subjecting all ports to the administration of the federal authority.

3- Appointing an honest and efficient field administration

Each outlet and supports the deployment of elite security forces that protect their sound decisions and block the way for any groups that interfere with the work of the ports and their revenues.

4- Close the unlicensed ports and crossings that operate outside the control of the state and the law

5- Reconsidering granting exemptions from customs, as regulatory reports indicate that they are exploited by persons and entities not legally covered, and exemptions are supposed to reduce to the maximum extent possible, and that customs duties are met by everyone in the outlets and after verification in the center of the validity of their inclusion in the exemption The statutory refund to them at the withheld customs fees.

6- That the process of payment of imported goods' duties, fees and taxes be completed upon the contracting process or if merchants purchase hard currency from the currency auction to reach these goods to the outlet and they meet all of their conditions.

7 - Regulating import licenses and matching them with incoming goods and commodities to prevent tampering with the quality of goods or exchanging them in customs fee transactions, which results in reducing fees imposed on them.

8- Connecting all outlets to a national control center in Baghdad by means of a camera system that covers the work and activity of employees in the outlets to detect any tampering with the passage of goods.

Number of views 53 Date added 04/07/2020

http://economy-news.net/content.php?id=20923

Deputy: Erbil has bypassed the constitution, and Baghdad has demanded its rights from Kurdistan's oil, just like Basra

money and business  Economy News _ Baghdad  On Saturday, a member of the House of Representatives, Amer Al-Fayez, accused the Kurdistan Regional Government of adhering to the positions in the negotiations between Baghdad and Erbil, considering that the federal government "did not raise the ceiling of its demands, but rather requested to receive its rights resulting from the Kurdistan government."

Al-Fayez said in a statement reported by "Al-Arabi Al-Jadeed" newspaper and seen by "Al-Iqtisad News", that "the differences between the federal government in Baghdad and the Kurdistan Regional Government are due to the strictness of the Kurdish position," noting that "the quantities of oil exported from the region represent a major problem between Baghdad and Erbil" ” He pointed out that "the Baghdad government has financial benefits for Erbil."

He added that "Kurdish politicians do not want to respond to Baghdad," stressing that "the latter's demand for oil imports is a fair matter and according to the constitution, which stipulates that national wealth, including oil, belongs to Iraq as a whole, and this applies to Basra and other oil provinces, and must be applied to All governorates, including the provinces of the Kurdistan region.

Al-Fayez pointed out that "the Kurdistan region exported during the last period more oil than allocated to it, and did not hand over its revenues to the federal government," noting that the region's government "granted itself oil-related concessions without the approval of Baghdad, and this is unacceptable, because oil is a wealth patriotism".

He continued, “If other provinces like Basra do what the Kurdistan region does regarding oil, then that means dispersion and lack of money for the general budget,” noting that “oil is one of the most important outstanding issues between Baghdad and Erbil, as well as the border crossings that are National resources, as well as disputed territories.  Number of views 43 Added Date 07/04/2020

http://economy-news.net/content.php?id=20924

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