I just want to state just because I post WOTS doesn't mean I agree with everything in it or have even read everything in it
Word on the Street Tuesday 7/25/17:
TNT CONFERENCE CALL MONDAY 7/24/17 DC NY CALL RECAP:
Good afternoon TNT Superfantastic Family. Today is Marvelous Monday. We had some updated info come in on Friday and more info on Saturday. Governor of CBI saying victory of economic reform is in the next few days. IMF and World bank are in Iraq. Citizens didn't get good confirmations of lower denoms being released. Looking for the passing of the budget but parliament was supposed to meet Saturday. Lower denoms and new rates should appear in a few days. It appears the supplementary budget passed and will be printed in the budget. Iraq meeting with the world bank about a loan. We are looking at this between now and August 1st. Eveyone is locked in on those dates. As far as the CBI, they submitted all paperwork to the World Bank. Don't know what the next move is. Waiting for WB and IMF to sign off on it, and others saying it is a process. That remains to be seen. Most of us looking for this to unfold before August 1st. Q and A: Q I have 2 sisters and I have currency and thought we could do one exchange. Would that trigger gift tax penalties? Ray: If you all own a section of it but doing the exchange you probably get buy on a gift tax. If it is tax as income all 3 of you should pay. All 3 of you could do exchanges. Q: I heard passing of the supplemental budget. Ray: We are still waiting on implementation. Q: Do think all currencies will RV at the same time? Ray: Yes. Q: Do you this week will be RV week? Ray: This week looks pretty good if everything goes according to what I have been told or it could go to next week. Q: With all the past time seeing this over and over and not seeing this happening do you see this over this year? Ray yes based on the info yes. Q: Today Iran announced they are coming out with a new currency. Have you heard where we can exchange it. Ray: No Q: Is there is a new rate in the supplemental budget? Ray: I don't know I have not heard or seen that. Q Do you know of any banks in Colorado or N Mexico? Ray: I have a list but I don't know off hand.Callers: Caller: 470 Catnip: We keep looking for security and unity and Kurdistan is trying to pull away. That leaves Iraq shaky. How much in you opinion is this a magician trick? Ray: There has been no comment of this being an issue. Catnip: We have a presumption it is going to be Abadi to make an announcement. Whatn is the likelihood it may be someone else to announce this? Ray: It could be anyone's guess and heard nothing about that. Abadi has made statements about economic reform and now all we need is action. Catnip I like what you say on or before August 1st. Caller: 210: I have a question of something that was said on Open mic talking about 2 non believers that saw a pending value on the dinar. Ray: Apparently the non believers are now believers. Caller: 747: Are the salaries going to be paid to the carholders this month ? Ray: The expectation is they are to be paid by the end of the month. All we can do is wait it out and see what happens. Caller: 281: Have you had any memos on the banks in the US? Ray: Not yet. Caller: 360 Is there a difference between a sovereign rate, street rate and international rate. Ray: I have no idea. Caller: Heard the border between Saudi Arabia and Iraq will be open. Ray: That is great. Ray's Wrap Up: We are in a good place based on factual and promised info. This can happen anytime between now and the first, and this will get underway in the next day or too. We will have to wait it out. I think this RV date is like a storm. It is forecasted but may change force. I think most of them will be on the same page between now and the first unless something else pops up. Watching banking community, they are status quo. Once you hear dont take vacations, bring a bg lunch or leave your cell phone in a box, those are indications of things to pop. Lets see what banking info we hear in the next few days. Iraq is something different until the bank get the green light at the new rate, so we wait and see. This ride looks like it will be over by August 1st. What we have been through and what you can read is seeing this should be it until something else comes up. Until then, just wait patiently until more info comes out. Thank you all for being on. Keep Believing since I sure do! Rayren98
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,142.2000 | 1,140.6000 | 1,142.2000 | | 07:19 |
| USD/VND | | | 22,732.0000 | 22,406.0000 | 22,406.0000 | | 07:06 |
| USD/CNY | | | 6.7549 | 6.7438 | 6.7505 | | 07:19 |
| USD/KWD | | | 0.3018 | 0.3010 | 0.3017 | | 06:24 |
| GBP/USD | | | 1.3040 | 1.3011 | 1.3024 | | 07:19 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,324.0000 | 13,302.0000 | 13,316.0000 | | 07:12 |
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DC NY Iraq Articles:
Ports reduce fees for materials received by government laboratories
Editorial date: 2017/7/24 10:47 • 73 times read
(Baghdad: Al-Furat News) The Iraqi General Company for Iraqi Ports announced on Monday the reduction of fees and returns of goods and materials received through ports to government laboratories by (25%).
The director general of the company, Riyad Swadi Shamki, said in a statement received by the agency {Euphrates News} copy of it today that "the Minister of Transport Kazem Vajan Al-Hamami directed the reduction of fees on materials received by government laboratories in response to the request submitted by the State Company for Iraqi Cement of the Ministry of Industry and Minerals," stressing that " This achievement came to stimulate production within the country and overcome obstacles to Iraqi factories. "
"The reduction includes the goods listed in the name of the General Company for Iraqi Cement exclusively, in addition to Basra Cement Factory."
The Iraqi Ministry of Transport reduced revenues and wages of unloading {industrial salt} to {5000} dinars per ton last month
"The reduction includes the goods listed in the name of the General Company for Iraqi Cement exclusively, in addition to Basra Cement Factory."
The Iraqi Ministry of Transport reduced revenues and wages of unloading {industrial salt} to {5000} dinars per ton last month
Iraqi province declares its poverty rates and criticizes Baghdad
Revision date: 2017/7/24 10:11 • 322 times read
{Muthanna: Euphrates News} criticized the Council of Muthanna province, the central government for not providing any financial support to the province during the past period, stressing that the province, which does not have any local resources need a lot of allocations to improve the service and urban reality.
"The central government did not show any cooperation with the local government and did not help it with the funds allocated to it," said the council chairman and governor of al-Yasiri, adding that Muthanna, which is at the forefront of rising poverty and unemployment, needs a lot of financial support to improve its service and construction sectors.
"Many provinces have special resources that can meet their needs until the financial crisis passes and the administration of their affairs, which calls on the central government to deal fairly, as he described in the allocation of allocations."
"Many provinces have special resources that can meet their needs until the financial crisis passes and the administration of their affairs, which calls on the central government to deal fairly, as he described in the allocation of allocations."
A government ministry confirms the emergence of pedophiles to deceive its employees
Editorial date: 2017/7/24 9:39 • 92 times scheduled
(Baghdad: Al Furat News) The Ministry of Justice warned of the emergence of some people who claim to belong or contact the Justice Ministry or its leaders and are working to deceive citizens to collect their own benefits or blackmail citizens for the sake of illegal gain.
"These impostors claim that they can mediate the transfer procedures and exploit the simple minds in this direction," a ministry statement said.
"At the same time, the ministry calls on all the security services to monitor and control these cases, all those who know these plaintiffs and the abusers to inform the regulatory and security agencies immediately, and the ministry does not bear the consequences of deceiving the promises of these corrupt
"At the same time, the ministry calls on all the security services to monitor and control these cases, all those who know these plaintiffs and the abusers to inform the regulatory and security agencies immediately, and the ministry does not bear the consequences of deceiving the promises of these corrupt
Parliamentary: Ministry of Transport sold the project rehabilitation of Trebil port of $ 2 million
A member of the Committee on "Economy and Investment Parliamentary" Ali al-Maliki on Monday, the marginalization of the role of his committee to participate in the project rehabilitation of Trebil port, which will be opened soon, revealing the sale of the project by the Ministry of Transport to investors of $ 2 million.
Maliki said in a statement to «Journal News» that his committee was not informed about the project despite the near opening of the port.
He added that "there is a stampede between the committees in taking the lead in the adoption of the project," stressing that "the project was sold by the Ministry of Transport to investors of $ 2 million."
The port, which has been the gateway to traffic and trade between Iraq and Jordan, has been closed since he imposed his control of the international road in the province in mid-2014 and restored Iraqi forces control of the region in May
Justice warns of dealing with profiteers and forgers
The Justice Ministry on Monday warned against the appearance of some members of the Justice Ministry or its leaders who are alleged to be members of the Justice Ministry, and are working to deceive citizens to collect their own benefits or blackmail citizens for illicit gain.
"These assailants claim that they can mediate the transfer procedures and exploit simple minds in this direction," the ministry said in a statement.
He added that "while the ministry calls on all security services to monitor and control these cases, calls on all those who know these plaintiffs and displaced persons to inform the regulatory bodies and security immediately."
She noted that she does not bear the consequences of deceiving the promises of these corrupt.
Kauaihn Iraq Articles:
Russia: We seek to strengthen the efforts of the Iraqi leadership for reconstruction
Release Date: 2017/7/24 11:27 • 60 times read
The Russian Foreign Minister Sergey Lavrov said his country's efforts to strengthen the efforts of the Iraqi leadership for reconstruction, while called for Vice President Nuri al-Maliki, the Iraqi need to activate cooperation between Moscow and Baghdad in the fight against terrorism in the Middle East.
"We have to activate our cooperation more to fight terrorism in the region, and we consider that the two countries are targets for terrorists and those behind them," Maliki said during a meeting with Lavrov in Moscow.
For his part, Russian Foreign Minister Sergei Lavrov said that Russia is continuing to develop cooperation with Iraq.
"We aim to develop and expand cooperation and partnership that is rooted in the second half of the last century," Lavrov said, adding that Russia was seeking to strengthen the Iraqi leadership's efforts to rebuild the economy.
Lavrov also stressed Russia's solidarity with the efforts of the Iraqi government to normalize the situation in the country, especially in the field of eliminating the terrorist threat, and said it is important that this conflict is taking place within the framework of joint efforts to eliminate terrorism in the entire region, including Iraq, Syria, Yemen and other countries
For his part, Russian Foreign Minister Sergei Lavrov said that Russia is continuing to develop cooperation with Iraq.
"We aim to develop and expand cooperation and partnership that is rooted in the second half of the last century," Lavrov said, adding that Russia was seeking to strengthen the Iraqi leadership's efforts to rebuild the economy.
Lavrov also stressed Russia's solidarity with the efforts of the Iraqi government to normalize the situation in the country, especially in the field of eliminating the terrorist threat, and said it is important that this conflict is taking place within the framework of joint efforts to eliminate terrorism in the entire region, including Iraq, Syria, Yemen and other countries
Maliki in Moscow
Editorial date: 2017/7/24 8:46 • 110 times read
BAGHDAD (Reuters) - Vice-President Nuri al-Maliki arrived in Moscow on a four-day working visit during which he will meet President Vladimir Putin, Federation Council Chairman Valentina Matvienko and Foreign Minister Sergei Lavrov.
In a press statement made by Maliki to an international agency on the eve of his visit to Russia, he stressed that his talks with the Russian side will focus on ways to stimulate Moscow's role in the Middle East and stimulate economic, military and political cooperation, and joint energy projects between Russia and Iraq.
"During my talks with senior Russian officials, including President Vladimir Putin, Russian Federation Council Chairman Valentina Matvienko and Russian Foreign Minister Sergei Lavrov, I will focus on ways to activate the Russian role in our region in general and in Iraq in particular.
"I will also focus on ways to strengthen economic cooperation between our country and Russia in the fields of economy, trade, electric power and energy projects, and I will consider supplying our army with Russian weapons, which our soldiers train and know very well," he said.
The Vice-President Nuri al-Maliki had gone yesterday to the Russian Federation on an official visit.
"Maliki left Baghdad on Sunday for an official visit to the Russian Federation, during which he will meet with a number of officials to discuss the development of relations, the promotion of economic and security cooperation and the fight against terrorism, which is a challenge to the whole world," a statement from his media office said.
In response to the Russian role in the region, al-Maliki said, "I have confirmed, and I reiterate that without the Russian position, the whole region would be destroyed and a new map would be drawn for it. The area and Baghdad eventually fell. " is over
"During my talks with senior Russian officials, including President Vladimir Putin, Russian Federation Council Chairman Valentina Matvienko and Russian Foreign Minister Sergei Lavrov, I will focus on ways to activate the Russian role in our region in general and in Iraq in particular.
"I will also focus on ways to strengthen economic cooperation between our country and Russia in the fields of economy, trade, electric power and energy projects, and I will consider supplying our army with Russian weapons, which our soldiers train and know very well," he said.
The Vice-President Nuri al-Maliki had gone yesterday to the Russian Federation on an official visit.
"Maliki left Baghdad on Sunday for an official visit to the Russian Federation, during which he will meet with a number of officials to discuss the development of relations, the promotion of economic and security cooperation and the fight against terrorism, which is a challenge to the whole world," a statement from his media office said.
In response to the Russian role in the region, al-Maliki said, "I have confirmed, and I reiterate that without the Russian position, the whole region would be destroyed and a new map would be drawn for it. The area and Baghdad eventually fell. " is over
Iraqi Ministry of Defense: Iranian media is false and misleading
The Iraqi Ministry of Defense accused the Iranian media of lying and misleading, denying the statements of Iraqi Defense Minister Irfan al-Hayali about the intervention of the Iraqi army after the establishment of the Kurdish state after the Kurdistan independence referendum .
The ministry confirmed that the news published by the Iranian Fars agency, and some of the websites transmitted to him, was false and the minister did not issue any statement in this regard .
The Iranian Fars agency attributed to the Iraqi Defense Minister as saying that the Iraqi army will address the division of Iraq and will not allow a new infidel, during the meeting, which gathered with the Secretary General of the Supreme National Iranian Council Ali Shamkhani, Sunday, in Tehran .
The ministry confirmed that the news published by the Iranian Fars agency, and some of the websites transmitted to him, was false and the minister did not issue any statement in this regard .
The Iranian Fars agency attributed to the Iraqi Defense Minister as saying that the Iraqi army will address the division of Iraq and will not allow a new infidel, during the meeting, which gathered with the Secretary General of the Supreme National Iranian Council Ali Shamkhani, Sunday, in Tehran .
Sistani's reference to "Klebkani": The sacrifices of the Iraqi people are a source of pride and pride
The supreme religious authority, Ali al-Sistani, stressed that the tournaments and sacrifices of the Iraqi people are a source of great pride and merit.
"I have received a message of congratulations from your Eminence on the occasion of the liberation of the city of Mosul from the grueling of the takfiris, which is what is required," said Ayatollah Sistani, in a reply to a cable of congratulations received from Ayatollah Lutfiullah Safi Kalbakani on the occasion of the liberation of Mosul. Thanks and gratitude. "
"The championships and sacrifices of the Iraqi people, old and young, young and old, have been on the crucial battlefield for the past three years, although they are not far from my expectations, but they are indeed very proud and worthy of gratitude," he said.
"I hope that in the light of the good will of your Eminence, Al-Bari will pay the evil of the bad guys and the unbeliever for Iraq and the other countries of Islam and that everyone will be given full security and stability."
The religious authority Safi Kalbakani sent two weeks ago a letter of congratulations to Ayatollah Sistani, in which he said that the decisive victory of the Iraqi army and Iraqi people against the enemies of religion and humanity in the city of Mosul has raised the pride, pride and pride of all Muslims in the world.
268 cases of administrative and financial corruption in the Ministry of Interior
The inspection and audit detachments in the Office of the Inspector General of the Ministry of Interior, on Monday, the discovery of 268 cases of administrative corruption and Mali in the departments and joints of the ministry in Baghdad and the provinces during the month of June.
The Office of the Inspector General of the Ministry of the Interior in a statement received by the «Journal News» that "the report issued by the Planning and Follow-up Division in the Office of the Inspector General for the month of June 2017 pointed to the overall activities of inspection and audit and oversight carried out by the staff of the Office during June."
He added that "the Baghdad Inspection Directorate was able to detect 100 cases of corruption administrative and financial, the indicators of administrative corruption, including 90 cases, were 70 cases of negligence and 9 cases of fraud, and two cases of irregularities and the abuse of power of one authority, while indicators of financial corruption Revealed 10 cases, which were 7 cases of bribery and one case of embezzlement and concealment of materials and waste of public money.
He explained that "the Inspectorate of the provinces was able to detect 162 cases of corruption administrative and financial, the indicators of administrative corruption, including 149 cases, were 120 cases of negligence, and 16 cases of functional exploitation, and 10 cases of abuse of power, and 3 cases of fraud, Financial corruption discovered 13 cases, were 7 cases of embezzlement, and 5 cases of waste of public money, and the case of concealment of one material.
In the field of auditing and financial control, the statement said that "the audit and financial control department of the Internal Audit Committee managed to return 89,074,050 dinars to the state treasury, and recommended the return of 1,109,234,678 dinars, and prevented the waste of 1,060,588,900 dinars.
The report also pointed out that during the month, the Directorate of Monitoring and Performance Appraisal managed to establish 10 fact-finding committees that provided detailed reports on the issues for which it was established, monitored 4 cases of corruption and two cases of financial corruption. During the month it received 185 reports of administrative and financial corruption, 177 cases of verification and follow-up, as well as the performance of the Directorate of the performance of 600 persons in the ministry between officer and employee and associate, and sent 941 forms of disclosure of financial interests to the Integrity Commission, and included 2594 form a code of conduct.
The report said that "the Directorate of Investigations and Legal in the Interior Inspectorate opened 308 councils and commissions of inquiry during the first half of this year. The councils and committees of the previous years numbered 449 councils and committees, of which 508 were completed during the year and 249 were completed. The competent courts through the accused department 287, 69 councils were closed, and recommended the referral of 5 councils and cases to the Integrity Commission. During the month, the Directorate checked 1,023 documents, none of which were forged.
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
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GOBAL/NEWS/INFO
Food truck millionaires who have beaten the odds
Self-made entrepreneurs are making millions with food trucks that offer everything — from organic ice cream to mac and cheese.
A top mental training coach says this mindset will make you more successful
There are few things you can control, and you need to give them everything you have.
This couple turned an obsession with credit card points into a multimillion-dollar business
For months, Pedro Pla and Grace Cheng have been abroad with their kids on a never-ending vacation.
OIL / COMMODITIES / ENERGY
Oil rises after Saudi vows to cap crude exports next month
Oil erased early losses after leading OPEC producer Saudi Arabia pledged to cut its exports to help speed up the rebalancing of global supply and demand.
Opinion: Oil majors taking sustainable energy tech seriously, at last
Energy Voice
Energy Voice
Firstly people look at an exciting new technology and ask ‘what is it?’ When it works, they scramble to answer: ‘how can we make money from it?’ Then established industries get nervous and wonder: ‘what does it mean for us?’ What is it? When a new technology leaps from theory to reality, there’s an understandable buzz. The questions centre on what it is and how it works, a few venture capitalists or future-looking industry players may get involved, but the major players tend to be universities Read the full story
Gold tries to run up streak of gains to 7 sessions
MarketWatch
MarketWatch
Gold tried for a seventh-straight advance with Monday’s narrow gain, drawing technical support near the closely watched $1,250 line even as the U.S. dollar stabilized from last week’s sharp loss. Read the full story
Gold rises to highest in a month ahead of busy weekInvesting.com
Gold rises to highest in a month at start of busy week Read the full story
Gold near four-week high as political uncertainty weighs on dollar
Livemint
Livemint
Bengaluru: Gold prices touched their highest in four weeks on Monday, supported by political uncertainty in the US that pushed the dollar to its lowest in over a year. Read the full story
BANKS / BANKING
4 Credit Cards That Can Help You Save for a CarCredit.com
The more you save up for a down payment on your next car, the better off you’ll be financially when you drive off the lot. A bigger down payment can reduce the amount you need to borrow, increase the range of cars you can afford and even lower your monthly payments. But saving up for a car can be difficult when you’ve got many other expenses. Cash back credit cards can help you save by earning money back on your purchases, putting cash back in your pocket. These four credit cards can earn you Read the full story
Which loyalty credit cards are worth keeping for their benefits even if you don’t use them?
Head for Points
Head for Points
Typically there are three different types of travel loyalty credit cards you can apply for: Cards you get just for the sign-up bonus Cards you get primarily for the strong on-going earnings rate Cards you get but don't use because they come with generous perks Head for Points tends to focus on the first two... Read the full story
PayPal, JP Morgan Chase Set to Step Up Partnership
paymentweek
Partners, yet somehow competitors, a new arrangement emerges for PayPal and JP Morgan Chase. Read the full story
Deutsche Bank ($77M), JPMorgan ($71M) to Settle Libor Claims in U.S.
Insurance Journal
Insurance Journal
Deutsche Bank AG and JPMorgan Chase & Co. have agreed to pay a combined $148 million to end private U.S. antitrust litigation claiming they conspired with other banks to manipulate the yen Libor and Euroyen Tibor benchmark interest rates. The preliminary settlements, totaling $77 million for Deutsche Bank and $71 million for JPMorgan, were detailed in filings late Friday in the U.S. District Court in Manhattan, and require a judge’s approval. They followed similar settlements last year with Read the full story
Banker-bashing is alive and well, according to a new poll of public opinion
City A.M.
More than seven in 10 people do not believe banks have learned the lessons of the 2008 financial crisis, according to new polling data seen by City A.M. The survey reveals damning views still held by the public towards financial services, with a large majority saying top bankers do not deserve the money they earn. Nearly a third (30 per cent) of respondents to the YouGov poll answered “not at all” when asked “to what extent... do you think big banks have learned the lessons of the 2008... crash? Read the full story
TREASURIES/ BONDS/ STOCKS
3 Investing Platforms For Newbie Investors
Clever Girl Finance
Clever Girl Finance
Are you a newbie investor looking to get started with investing in the stock market? I get a lot of questions about where and how to invest and so I'm sharing a few investment platforms that I'm familiar with and that are highly reviewed by users. Read the full story
Market movers this week: Get ready for the Fed, housing reports and earnings
Can the stock market keep moving higher? Investors this week will have a lot to watch that could potentially move the market.
US Treasurys mixed as bond investors await data, oil meeting
U.S. government debt prices were relatively flat but mixed on Monday, as investors get ready to digest more economic data and news out of the auctions space.
A 'big fall' in markets is coming as traders put record cash to workChron.com
REUTERS/Stringer In global markets, all signs of sentiment are pointing up. And it's that very unbridled enthusiasm that could spell their downfall. But before we get into the negative implications, let's take stock of everything that shows just how overtly bullish investors are feeling right now. Read the full story
Earnings, Fed hold keys to Wall Street's recent record run
However, U.S. stock futures were lower this morning after Friday's losses saw the Nasdaq break its 10-session winning.
Read more: http://www.cnbc.com/2017/07/
U.S. stocks search for direction as busy earnings week gets under way
MarketWatch
MarketWatch
Wall Street stocks look set for a slightly lower open on Monday, with future easing as investors brace for an important and busy week for earnings, and global markets pull lower. Read the full story
INSURANCE
GOP wrestles with soaring deductibles in healthcare bill
The Hill
The Hill
The bill could increase deductibles by thousands of dollars. Read the full story
In charts: how car insurance premiums have risen to an all-time high
The Telegraph
The Telegraph
The cost of car insurance has risen to the highest level on record, following a 40pc increase in the last two years. Read the full story
CURRENCIES
Chart Of The Day: Dollar On Course For 85.00Investing.com
Economy 2017-07-24 14:01:00 by Pinchas Cohen America The Economically Not-So-Beautiful America the Beautiful may still be one of the US’s most well known anthems, but according to the International Monetary Fund (IMF), America’s economy is not nearly as beautiful as it once was. The global economy is less reliant on the US, more on the eurozone, China, Japan and Canada. This comes after the dollar index has already fallen to its lowest level since June 2016. The slide began after investors bid Read the full story
Traders haven't been this bearish on the US dollar for more than a year
Business Insider
Business Insider
A trader in the NASDAQ 100 stock index futures pit at the Chicago Mercantile Exchange signals a trade during volatile activity April 4. Futures on the index traded in more than a 500 point range, falling as much as 440 points before recovering to close down 74 points Scott Olson/Business Insider Traders continue to sell the US dollar, with net positioning for the greenback close to turning short for the first time since May 2016. ANZ's weekly report, citing information from the US Commodity Read the full story
How the U.S. National Debt Affects the Dollar
Investopedia
Investopedia
With the dollar potentially affected by the national debt, it may be time to invest in gold. Read the full story
Forex - Dollar struggles near 13-month lows, euro steady
© Reuters. Dollar struggles near 13-month lows, euro steady Read the full story
Pound to euro exchange: Sterling slumps to record low as millions of Brits head off on summer holidays
Evening Standard
Evening Standard
As Brits head abroad at the start of the summer holidays they are facing some of the worst exchange rates yet after the pound plummeted against the euro. Read the full story
NZ dollar falls from 10-month high in New York
Scoop
July 24 (BusinessDesk) - The New Zealand dollar fell from the 10-month high it reached in New York on Friday as investors await offshore events for direction, in particular in Australia. Read the full story
Bankers fear rupee will fall again
Dawn
Dawn
The uneasy calm that prevailed in Pakistan’s forex market prior to the July 5 massive decline in the rupee’s value is still not over and a debate is raging about whether the local currency will fall again. This debate became more intense as recently released data showed that the current account (C/A) deficit swelled to around $12.1 billion in FY17 from $4.867bn in FY16. Most bank treasurers are almost sure the State Bank of Pakistan would not hesitate in letting the rupee fall again. For them, Read the full story
PBOC sets yuan midpoint at 6.7441
© Reuters. Yuan parity Read the full story
USA
That was fun; now comes the slowdown
Metro US
Metro US
By Jeremy Gaunt LONDON (Reuters) - For all the talk of world economies rising in sync, there does not seem to be an abundance of optimism about how long it will last. Tucked away in Reuters latest quarterly economic poll series is a projection that growth rates in nearly all of the world's largest economies will fall over the next two years. Inflation, meanwhile, will remain benign and in some cases below target. Both findings would suggest that the current caution of central bankers is Read the full story
IMF: The rest of the world is picking up the economic slack as US looks weaker
Despite cutting the economic growth outlook for the U.S. and U.K., the IMF kept its global growth forecast unchanged.
IMF downgrades UK and US growth forecasts
BBC News
BBC News
Lower activity in the first quarter of 2017 suggests both will underperform the global economy. Read the full story
EMERGING MARKETS
Emerging-market fears among bond ETF traders
Livemint
The rapid growth of a BlackRock Inc. exchange-traded fund (ETF) that tracks emerging-market debt is causing jitters among investors. The iShares JP Morgan EM Local Government Bond ETF, ticker IEML, has doubled in size this year, mopping up more than $3 billion of inflows as investors reach for average yields as high as 4.7% in developing economies. The risk is that if the carry trade unwinds, as tends to happen eventually, investors could race for the exit all at once and send the fund tumbling. Read the full story
Op-Ed: You can buy and retire in Nicaragua from under $100,000
Nicaragua's stunning beaches and affordability make it an ideal place to retire, Bonnie Hayman writes in International Living.
Read more: http://www.cnbc.com/2017/07/
MIDDLE EAST
Mideast growth to dive as Saudi economy stagnates: IMF
Dawn
Dawn
Economic growth in the Middle East and North Africa is forecast to slow considerably over oil prices as the Saudi economy slides, the International Monetary Fund said on Monday. After a better than expected performance with five per cent growth in 2016, the economies of countries in the Middle East and North Africa as well as Pakistan and Afghanistan will subside to just 2.6pc growth this year, it said. Last year's healthy regional economic performance was mainly attributed to Iran's strong Read the full story
No trade between Iran and Saudi Arabia whatsoever
POST Online Media
POST Online Media
At present there is no trade between Iran and Saudi Arabia, the head of Trade Promotion Organization of Iran said. “There are no imports from Saudi Arabia and no exports are made to that destination, as we speak. “Yet, no regulation has been passed or limitation placed on trade with the neighboring states and if... Read the full story
Iran and Iraq Strengthen Military Cooperation
Intelligencer Post
Iran and Iraq on Sunday signed deals aimed at boosting military and defense cooperation during a visit by Baghdad’s Defense Minister Irfan al-Hayali to Tehran. In a memorandum of understanding, signed by Hayali and his Iranian counterpart Hossein Dehghan, one of the key points was “fight against terrorism and extremism,” state news agency IRNA reported.... Read the full story
Female mechanics spark gender revolution in Iraq
USA TODAY
USA TODAY
A charismatic Iraqi businesswoman opened an auto-repair shop with an all-female team of mechanics in a country that clings to traditional gender roles. Read the full story
Malta’s Favourable Tax Climate and Burgeoning Tourism Sector Attractive to Developers, Says DAMAC’s Sajwani
Insurance News
DUBAI, UAE , July 24, 2017 /PRNewswire/ -- DAMAC Chairman meets Maltese PM Dr. Joseph Muscat during first of several planned visits to explore investment opportunities DAMAC International Chairman, Hussain Sajwani , sees Malta as a favourable investment destination, following a tour of the island-nation and a private meeting with Maltese Prime Minister Dr. Joseph Muscat . The two discussed the increasing growth of tourism in the EU-member country and Malta's historical appeal as Read the full story
AFRICA
Why South Africa’s economic outlook is looking bleak
CNBC
CNBC
With the mounting problems facing South Africa, CNBC looks whether its economic outlook is starting to look bleak. Read the full story
Nigeria: Foreign Reserves Hit U.S.$30.5 Billion On Rising Oil Prices
AllAfrica
AllAfrica
(Photo: Pixabay) Lagos The nation's foreign reserves reached U.S.$30.5 billion last week as a result of increased global oil prices, checks by LEADERSHIP on the Central Bank of Nigeria's website have revealed. Data from Organization of Petroleum Exporting Countries (OPEC) revealed that basket of 14 crudes stood at $47.48 per barrel last week from $45.21 a barrel it opened in July. Experts said world economic growth in 2018 is forecast at 3.4 per cent, the same level of growth forecast for 2017. Read the full story
Zimbabwe: Come and Help Revive the Economy, Mugabe Appeals to Diasporans
AllAfrica
AllAfrica
(Photo: The Citizen) Zimbabwean President Robert Mugabe on Friday pleaded with his country's skilled workers living in the diaspora to return home so that they could help in reviving the southern African country's floundering economy. This came at a time when an estimated four million Zimbabweans were living outside the country after fleeing economic problems and alleged political persecution at the hands of the 93 year-old leader's administration. Officiating at his ruling Zanu-PF party's youth Read the full story
South Africa: Govt Exploring Investment Opportunities With Indonesia
AllAfrica
AllAfrica
South Africa and Indonesia have agreed to identify sectors to exploit investment opportunities. Trade and Industry Minister Rob Davies and his Indonesian counterpart, Enggartiasto Lukita, met on Friday during the third Joint Trade Committee meeting, which was followed by the South Africa-Indonesia Business Forum. At the meeting held in Midrand, Johannesburg, the two countries exchanged a study on trade complementarities in order to identify potential tradeable sectors and goods. South Africa and Read the full story
ASIA
Cashless Society, Crossing BordersPYMNTS.com
Alipay’s Cashless Cities Week is a week away, but this seven-day campaign only scratches the surface of the impact digital payments have on the lives of Chinese consumers. Digital payments particularly affect those consumers move commerce outside of China to the U.S. and other foreign countries, Souheil Badran, Alipay’s president of North America, told Karen Webster. The real purpose of the Cashless Cities program? To put a digital face to the sea of change that marks the Chinese consumer’s Read the full story
Gold dips in Asia with focus on Fed later this weekInvesting.com
© Reuters. Gold dips in Asia Read the full story
Crude rebounds in Asia with all eyes on OPEC meetingInvesting.com
© Reuters. Crude rebounds in Asia Read the full story
Asia markets trade mixed as the US dollar treads near lowest levels in more than a year
CNBC
CNBC
Markets in Australia and Japan fell, while markets in China and Hong Kong advanced in afternoon trade. Read the full story
EUROPE
Eurozone economy has 'hit a speed bump' as growth cools
ABC News
ABC News
A closely watched survey shows that the economic recovery across the 19-country eurozone cooled slightly in July but remains at relatively high levels historically Read the full story
Nigeria: We're Interested in Nigeria's Oil, Gas - Britain
AllAfrica
(Photo: This Day) Britain has expressed its interest in Nigeria's oil and gas industry. It expressed its readiness to invest in pipeline infrastructure, renewable energy, gas and power of the Nigerian Oil and Gas Industry. British High Commissioner, Mr. Paul Arkwright, made this promise when the Group General Manager, Group Public Affairs of the Nigerian National Petroleum Corporation, Mr. Ndu Ughamadu, visited the Chancery of British High Commission in Abuja. Mr. Arkwright noted that the Read the full story
Blessed and Highly Favored::
Monday
- Worldwide bank wire codes were switched and reconnected at the satellite level (up the ladder) to collateral accounts through HSBC through AIIB through a 3rd middle man banking holding institution.
- Banks, paymasters and group leaders now just await the return connection (down the ladder) which is a single return code that completes the global currency reset.
- Military, media, diplomats, politicians, international corporate board chairmen and pension / hedge fund managers worldwide are all aware of what is about to take place and in performance ready position.
- Very minimal trading will be allowed in August per normal volumes. Anything above normal will be instantly flagged and corrected by military ghost teams.
- Ceremonially, Grandmother will enter the final "down the ladder" release code and instantly set the world free from economic bondage.
- 800#s will flow out via a pre-fabricated robo call done in multiple languages.
- It is anticipated these redemption contact numbers will hit the internet and spread worldwide in less than 10 minutes.
- All call centers, exchange staff and redemption points of exchange security will all be immediately open for business the moment 800#s are released.
- All previously deposited SKR accounts will fund instantaneously as well.
- Hearing with certainty a defining moment in the Trump exodus is the RV trigger, and everything in the media is prepared to keep a world audience occupied for a two month long distraction.
- Trump's firing Special Prosecutor Bob Mueller we believe is a behind the scenes "go signal" for all involved that the RV operation has begun that exchanges are now taking place.
- Redemption associates were on campus lockdown last week with Sunday off, but reported today at 6am EDT and have returned to campus lockdown status.
- There will be exactly 10 total weeks to redeem all currency holders (9 working weeks with Sunday's off).
- Private exchanges are sovereign rate negotiable eligible through the end of July.
- Public exchanges are screen rate convertible eligible though end of September.
- The RV will be deemed complete operationally by October 1, 2017 or first federal fiscal quarter 2018.
- The gold standard announcement is scheduled shortly thereafter from Beijing.
- Current screen rate: ZIM 350+ions.
Many in Dinarland are desperately attempting to understand and participate in the seemingly new and exciting Treasury Direct Account debt relief program (aka TDAs).
However, TDAs are neither new nor as exciting as they first appear.
Sure it's understandable and legal that people desire to pay off their debts as desperation is obviously running wild in this community--this after so many years of waiting for first basket RV currencies to revalue publicly, ultimately to be made redeemable through private appointment.
But as with all currencies and historic bonds waiting to be reconciled, all are clearly in the same USN activation basket anticipating a global shot gun start.
It's therefore fair to conclude that all accounts worldwide are simply waiting for a common quantum computer release code, that we hope launches the new American gold backed currency.
This is why your sincere and valid requests for debt payment satisfaction via the TDA program are being reversed. It's just not time yet to release the new digital money globally aka USN.
And why even electronic wires are not being processed. As the shot gun start has not yet begun in earnest--at least not as of Monday morning.
Thus setting high expectations of immediate debt relief as well as new asset accumulation emotional suicide until said USNs are released.
Try thinking of each RV asset class as a different tiered level of opportunity that all wait on the same starters gun.
Debt relief programs (TDA) will be the instrument used to pay off accrued institutional debts for non-currency or historic bond holders -- but post RV.
Currency redemptions (IQD, VND, AFA, IDR, IRR) will the instrument used for generational wealth and hard / soft asset accumulation -- but post RV.
Historic Bond redemptions (ZIM) will the instrument used to provide the world with much needed infrastructure, job creation and humanitarian project funding -- but post RV.
Now all the above exciting monetary opportunities will eventually come to pass--and we pray in short order--just after the USN is officially globally released by the Republic Leadership & the Chinese Elders (through AIIB/HSBC) who will determine when the timing is just right--and not a minute before (pre-RV).
Also worth noting is that a temporary version of USN has long been used by this well researched community.
This currency version does not reveal itself in the form of rainbow colored printed bills by the Republic Treasury Department without any Federal Reserve Bank markings or identification. Although the bills do slightly vary in color and design from existing USD bills.
Many internet gurus feel we're close to the USN release, but again, not there quite yet.
But in fairness to them, the Chinese Elders and Republic leadership -- this temporary physical version of USN is doing the job nicely in the meantime and has been since it was launched in the third fiscal quarter of 2013.
That's when a hybrid of your existing USD bills (seen below) and a similar but different version of new USN gold backed bills were order printed and released by the Chinese Elders--who had immediately assumed all global debt responsibilities of the permanently defaulted United States of America, Inc. in December 2012.
These same Chinese Elders are the ones responsible for safe guarding a vast supply of physical wealth also known as the global collateral accounts.
And they used these temporary USN bills to help America and all other nations reliant on the USD worldwide to begin a peaceful transition off fiat / physical USD currency and onto asset backed / digital USN currency.
So yes, temporary USN bills are currently in circulation now, and you are pro Scot very familiar how they look and feel already.
(Notes:* The temporary $100 USN bill came a little later than the $50, $20, $10, $5 bills. ** The $1 & $2 USN bills were always gold backed and thus did not replacing.)
So there's no reason to panic or get exacerbated about TDA reversals or what feels like delays to the process.
Know the TDA program was set up to help those without an ability to afford purchasing revaluing currencies or general indifference / ignorance to the GCR/RV.
These people will still be able to pay off their debts long term and gently receive GESARA benefits via their internet connection and social security number.
But they are not you because you are informed and thus intellectually invested.
But all above asset classes are in limbo, existing in a temporary state of abundant wealth mind pre-RV--which includes those considerably more valuable currencies and historic bonds.
Please try to remain patient, calm, appreciative and respectful to this invisible process that has been lovingly created to protect and provide for everyone worldwide for many generations.
Making whatever struggle you feel 100% self induced.
God is with us.
It's been confirmed by someone who helped write the health care bill that the RV (USN, gold standard return) is buried within the American Health Care Act which is being voted on tomorrow night in the US Senate.
This after weeks of delays.
Voting in majority favor of the bill will make our money gold backed with President Trump's signature and why he was even placed/forced there in the first place.
Once signed, Trump will be removed from office and the RV will be allowed to release by Grandmother/Quan Yin.
Everything technically, structurally and financially is ready for this endless saga to find closure.
Also as a result of the repeated delays on passing healthcare (RV), leading cabal obstructionist John McCain's left eye was removed via blunt force by a Chinese General who is here over seeing the RV for the Elders.
McCain is now being forced back to Washington, D.C. by military escort, and literally being wheeled onto the Senate floor as to vote in favor of the gold standard (health care).
Can't make this shit up folks.
God is with us.
d
The CBI for Tuesday, July 25, 2017 did update on the indicative rates and the sell rate for the USD is 1184. The currency auction is 158,935,538. There are two updated news and announcements for Tuesday, July 25, 2017 as follows:
ISX Update:
The ISX latest update is Shares Traded is 3,046,143,392 and Values Traded is 2,136,694,395. The ISX ended in GREEN.
Blogs:
Peggy68 In my honest opinion I'm expecting to see the monetary reform implemented between tonight (Sunday) going into July 24th, 2017 through August 10th, 2017. There are several dates in between we could focus on included in the analysis. Take a look at what is happening in different Federal Agencies and what is already in place, its clearly the time and Iraq is ready to ROCK & ROLL!
Operation Disclosure GCR/RV Intel Alert #2 for July 24, 2017
Operation Disclosure
GCR/RV INTELLIGENCE ALERT #2 - July 24, 2017
GCR/RV INTELLIGENCE ALERT #2 - July 24, 2017
Monday
- Worldwide bank wire codes were switched and reconnected at the satellite level (up the ladder) to collateral accounts through HSBC through AIIB through a 3rd middle man banking holding institution.
- Banks, paymasters and group leaders now just await the return connection (down the ladder) which is a single return code that completes the global currency reset.
- Military, media, diplomats, politicians, international corporate board chairmen and pension / hedge fund managers worldwide are all aware of what is about to take place and in performance ready position.
- Very minimal trading will be allowed in August per normal volumes. Anything above normal will be instantly flagged and corrected by military ghost teams.
- Ceremonially, Grandmother will enter the final "down the ladder" release code and instantly set the world free from economic bondage.
- 800#s will flow out via a pre-fabricated robo call done in multiple languages.
- It is anticipated these redemption contact numbers will hit the internet and spread worldwide in less than 10 minutes.
- All call centers, exchange staff and redemption points of exchange security will all be immediately open for business the moment 800#s are released.
- All previously deposited SKR accounts will fund instantaneously as well.
- Hearing with certainty a defining moment in the Trump exodus is the RV trigger, and everything in the media is prepared to keep a world audience occupied for a two month long distraction.
- Trump's firing Special Prosecutor Bob Mueller we believe is a behind the scenes "go signal" for all involved that the RV operation has begun that exchanges are now taking place.
- Redemption associates were on campus lockdown last week with Sunday off, but reported today at 6am EDT and have returned to campus lockdown status.
- There will be exactly 10 total weeks to redeem all currency holders (9 working weeks with Sunday's off).
- Private exchanges are sovereign rate negotiable eligible through the end of July.
- Public exchanges are screen rate convertible eligible though end of September.
- The RV will be deemed complete operationally by October 1, 2017 or first federal fiscal quarter 2018.
- The gold standard announcement is scheduled shortly thereafter from Beijing.
- Current screen rate: ZIM 350+ions.
"Opportunties" - GCR/RV Op-Ed - Monday - July 24, 2017
Many in Dinarland are desperately attempting to understand and participate in the seemingly new and exciting Treasury Direct Account debt relief program (aka TDAs).
However, TDAs are neither new nor as exciting as they first appear.
Sure it's understandable and legal that people desire to pay off their debts as desperation is obviously running wild in this community--this after so many years of waiting for first basket RV currencies to revalue publicly, ultimately to be made redeemable through private appointment.
But as with all currencies and historic bonds waiting to be reconciled, all are clearly in the same USN activation basket anticipating a global shot gun start.
It's therefore fair to conclude that all accounts worldwide are simply waiting for a common quantum computer release code, that we hope launches the new American gold backed currency.
This is why your sincere and valid requests for debt payment satisfaction via the TDA program are being reversed. It's just not time yet to release the new digital money globally aka USN.
And why even electronic wires are not being processed. As the shot gun start has not yet begun in earnest--at least not as of Monday morning.
Thus setting high expectations of immediate debt relief as well as new asset accumulation emotional suicide until said USNs are released.
Try thinking of each RV asset class as a different tiered level of opportunity that all wait on the same starters gun.
Debt relief programs (TDA) will be the instrument used to pay off accrued institutional debts for non-currency or historic bond holders -- but post RV.
Currency redemptions (IQD, VND, AFA, IDR, IRR) will the instrument used for generational wealth and hard / soft asset accumulation -- but post RV.
Historic Bond redemptions (ZIM) will the instrument used to provide the world with much needed infrastructure, job creation and humanitarian project funding -- but post RV.
Now all the above exciting monetary opportunities will eventually come to pass--and we pray in short order--just after the USN is officially globally released by the Republic Leadership & the Chinese Elders (through AIIB/HSBC) who will determine when the timing is just right--and not a minute before (pre-RV).
Also worth noting is that a temporary version of USN has long been used by this well researched community.
This currency version does not reveal itself in the form of rainbow colored printed bills by the Republic Treasury Department without any Federal Reserve Bank markings or identification. Although the bills do slightly vary in color and design from existing USD bills.
Many internet gurus feel we're close to the USN release, but again, not there quite yet.
But in fairness to them, the Chinese Elders and Republic leadership -- this temporary physical version of USN is doing the job nicely in the meantime and has been since it was launched in the third fiscal quarter of 2013.
That's when a hybrid of your existing USD bills (seen below) and a similar but different version of new USN gold backed bills were order printed and released by the Chinese Elders--who had immediately assumed all global debt responsibilities of the permanently defaulted United States of America, Inc. in December 2012.
These same Chinese Elders are the ones responsible for safe guarding a vast supply of physical wealth also known as the global collateral accounts.
And they used these temporary USN bills to help America and all other nations reliant on the USD worldwide to begin a peaceful transition off fiat / physical USD currency and onto asset backed / digital USN currency.
So yes, temporary USN bills are currently in circulation now, and you are pro Scot very familiar how they look and feel already.
(Notes:* The temporary $100 USN bill came a little later than the $50, $20, $10, $5 bills. ** The $1 & $2 USN bills were always gold backed and thus did not replacing.)
So there's no reason to panic or get exacerbated about TDA reversals or what feels like delays to the process.
Know the TDA program was set up to help those without an ability to afford purchasing revaluing currencies or general indifference / ignorance to the GCR/RV.
These people will still be able to pay off their debts long term and gently receive GESARA benefits via their internet connection and social security number.
But they are not you because you are informed and thus intellectually invested.
But all above asset classes are in limbo, existing in a temporary state of abundant wealth mind pre-RV--which includes those considerably more valuable currencies and historic bonds.
Please try to remain patient, calm, appreciative and respectful to this invisible process that has been lovingly created to protect and provide for everyone worldwide for many generations.
Making whatever struggle you feel 100% self induced.
God is with us.
"Wheeled" - GCR/RV Intel SITREP - Monday - July 24, 2017
It's been confirmed by someone who helped write the health care bill that the RV (USN, gold standard return) is buried within the American Health Care Act which is being voted on tomorrow night in the US Senate.
This after weeks of delays.
Voting in majority favor of the bill will make our money gold backed with President Trump's signature and why he was even placed/forced there in the first place.
Once signed, Trump will be removed from office and the RV will be allowed to release by Grandmother/Quan Yin.
Everything technically, structurally and financially is ready for this endless saga to find closure.
Also as a result of the repeated delays on passing healthcare (RV), leading cabal obstructionist John McCain's left eye was removed via blunt force by a Chinese General who is here over seeing the RV for the Elders.
McCain is now being forced back to Washington, D.C. by military escort, and literally being wheeled onto the Senate floor as to vote in favor of the gold standard (health care).
Can't make this shit up folks.
God is with us.
Rafidain decides to cancel a paragraph in granting loans to an important segment
Editorial date: 2017/7/24 8:56 • 419 times read
{Baghdad: Al-Furat News} Rafidain Bank decided to cancel the disclosure of the Credit Information Division on the assets and needs of the clinic or pharmacy in granting loans to the doctors in various disciplines, amounting to 75 million dinars.
The bank's information office said in a statement received by the agency (Euphrates News) today that "the bank decided to cancel the disclosure of the Division of Credit Information on the assets and needs of the clinic or pharmacy and keep the on-site disclosure submitted by the competent committee in the grantor branch of the loan.
He noted that "the bank announced the completion of 2% administrative commission for the loan." is over
He noted that "the bank announced the completion of 2% administrative commission for the loan." is over
Iraq .. leave the vacation companies mediate the sale and purchase of foreign currency for violating instructions
Kauaihn Chatter:
7-24-2017 Newshound Guru Kaperoni Article: "Governor of the Central Bank of Iraq inspected the headquarters of the International Development Bank" They clearly seem to be getting ready for international banking!
7-24-2017 Intel Guru RayRen98 The CBI talked about economic reforms in the next few days, and said that they would lose IMF support if they didn’t get it done! We haven’t had confirmation of lower denominations. IT was said that the supplementary budget had to be passed first, and we understand that when it is passed, the rest will appear in the next few days. Over the weekend, we were told that the budget was approved and it should show up in the Gazette on Wednesday. Iraq has a meeting ...1. August with the World Bank about their 580 billion dollar loan, and reforms must be in place before that time. The CBI has submitted their paperwork to the World Bank, and I guess we are waiting for the IMF and World Bank to sign off on it. So we are looking for this to unfold prior to August 1, or on August 1. We’re feeling pretty good about the 1. August, or before, unless something unforeseen happens. It looks like we are at the end of this ride, based on the information.
7-24-2017 Intel Guru RayRen98 The CBI talked about economic reforms in the next few days, and said that they would lose IMF support if they didn’t get it done! We haven’t had confirmation of lower denominations. IT was said that the supplementary budget had to be passed first, and we understand that when it is passed, the rest will appear in the next few days. Over the weekend, we were told that the budget was approved and it should show up in the Gazette on Wednesday. Iraq has a meeting ...1. August with the World Bank about their 580 billion dollar loan, and reforms must be in place before that time. The CBI has submitted their paperwork to the World Bank, and I guess we are waiting for the IMF and World Bank to sign off on it. So we are looking for this to unfold prior to August 1, or on August 1. We’re feeling pretty good about the 1. August, or before, unless something unforeseen happens. It looks like we are at the end of this ride, based on the information.
7-24-2017 Newshound Guru mike Demand for the dollar is high and will only get higher now that ISIL is out of Mosul, construction and other imports are going to be needed and that's all bought with dollars. The IMF has placed a minimum amount of time to hold that 2% spread and that's 90 days, so, the minimum amount of time necessary to get the 2% straight is 90 days, in addition to how long it takes to actually get the spread to that minimum, say a month or twenty, it all depends on what the CBI can do. [post 2 of 2]
7-24-2017 Newshound Guru mike [Getting the dinar into Article VIII would be the first step into stopping the auctions? That would mean the spread would have to be 2%; how close are they to that at this time?] Great question, here's the thing, if Iraq un-pegged today there would be no disparity between the market and street rates, although, the IMF has advised them not too. Why? Because if they do, the dinar will more than likely drop to somewhere around 1500-$1 which would increase inflation and the pain the citizens are already feeling. Without an economy and exports other than oil, there's next to zero demand for the dinar and that won't change overnight, we're still waiting for the needed legislation to encourage internal business creation and foreign investment. [post 1 of 2....stay tuned]
7-24-2017 Newshound Guru mike [Getting the dinar into Article VIII would be the first step into stopping the auctions? That would mean the spread would have to be 2%; how close are they to that at this time?] Great question, here's the thing, if Iraq un-pegged today there would be no disparity between the market and street rates, although, the IMF has advised them not too. Why? Because if they do, the dinar will more than likely drop to somewhere around 1500-$1 which would increase inflation and the pain the citizens are already feeling. Without an economy and exports other than oil, there's next to zero demand for the dinar and that won't change overnight, we're still waiting for the needed legislation to encourage internal business creation and foreign investment. [post 1 of 2....stay tuned]
7-24-2017 Newshound Guru Peggy68 In my honest opinion I'm expecting to see the monetary reform implemented between tonight (Sunday) going into July 24th, 2017 through August 10th, 2017. There are several dates in between we could focus on included in the analysis. Take a look at what is happening in different Federal Agencies and what is already in place, its clearly the time and Iraq is ready to ROCK & ROLL!
7-24-2017 Newshound Guru chattels Economy News "...publishes the amendment of the Financial Budget Act of 2017 Published "Economy News" Law amending the Federal Budget Law No. (44) for the year 2017, which was approved by the House of Representatives on Monday. And the details of the law:.." [Courtesy of Whitelions] "Article 1 - A- Revenues of the Federal General Budget for the fiscal year 2017 are estimated to be (82,069,669,668) thousand dinars (eighty two trillion nine hundred and sixty six billion six hundred and sixty six hundred and sixty-eight thousand dinars)" " ...on the basis of the exchange rate (1182) dinars per dollar ..." "Calculation of the revenues from the export of crude oil based on the average price of (44.4) (forty four dollars and forty cents) per barrel...on the basis of the exchange rate (1182) dinars per dollar..." Since oil is valued in dollars there is a stated rate of exchange to convert to dinar since the budget is stated in dinar. There is a rate of exchange, but no new rate.
7-24-2017 Newshound Guru G-Lin Article: "Increase the capital of the Central Bank to one trillion dinars" Quote: "...the new law aims to "increase the capital of the Central Bank of Iraq and to keep pace with global economic development..." New amendments to the CBI Bank Law. We have been waiting a while for this. IMF is not playing anymore.
7-24-2017 Newshound Guru chattels Economy News "...publishes the amendment of the Financial Budget Act of 2017 Published "Economy News" Law amending the Federal Budget Law No. (44) for the year 2017, which was approved by the House of Representatives on Monday. And the details of the law:.." [Courtesy of Whitelions] "Article 1 - A- Revenues of the Federal General Budget for the fiscal year 2017 are estimated to be (82,069,669,668) thousand dinars (eighty two trillion nine hundred and sixty six billion six hundred and sixty six hundred and sixty-eight thousand dinars)" " ...on the basis of the exchange rate (1182) dinars per dollar ..." "Calculation of the revenues from the export of crude oil based on the average price of (44.4) (forty four dollars and forty cents) per barrel...on the basis of the exchange rate (1182) dinars per dollar..." Since oil is valued in dollars there is a stated rate of exchange to convert to dinar since the budget is stated in dinar. There is a rate of exchange, but no new rate.
7-24-2017 Newshound Guru G-Lin Article: "Increase the capital of the Central Bank to one trillion dinars" Quote: "...the new law aims to "increase the capital of the Central Bank of Iraq and to keep pace with global economic development..." New amendments to the CBI Bank Law. We have been waiting a while for this. IMF is not playing anymore.
Elmer:
Not in today
Artmeister:
Operation Disclosure
GCR/RV INTELLIGENCE ALERT #2 - July 24, 2017
Monday
- Worldwide bank wire codes were switched and reconnected at the satellite level (up the ladder) to collateral accounts through HSBC through AIIB through a 3rd middle man banking holding institution.
- Banks, paymasters and group leaders now just await the return connection (down the ladder) which is a single return code that completes the global currency reset.
- Military, media, diplomats, politicians, international corporate board chairmen and pension / hedge fund managers worldwide are all aware of what is about to take place and in performance ready position.
- Very minimal trading will be allowed in August per normal volumes. Anything above normal will be instantly flagged and corrected by military ghost teams.
- Ceremonially, Grandmother will enter the final "down the ladder" release code and instantly set the world free from economic bondage.
- 800#s will flow out via a pre-fabricated robo call done in multiple languages.
- It is anticipated these redemption contact numbers will hit the internet and spread worldwide in less than 10 minutes.
- All call centers, exchange staff and redemption points of exchange security will all be immediately open for business the moment 800#s are released.
- All previously deposited SKR accounts will fund instantaneously as well.
- Hearing with certainty a defining moment in the Trump exodus is the RV trigger, and everything in the media is prepared to keep a world audience occupied for a two month long distraction.
- Trump's firing Special Prosecutor Bob Mueller we believe is a behind the scenes "go signal" for all involved that the RV operation has begun that exchanges are now taking place.
- Redemption associates were on campus lockdown last week with Sunday off, but reported today at 6am EDT and have returned to campus lockdown status.
- There will be exactly 10 total weeks to redeem all currency holders (9 working weeks with Sunday's off).
- Private exchanges are sovereign rate negotiable eligible through the end of July.
- Public exchanges are screen rate convertible eligible though end of September.
- The RV will be deemed complete operationally by October 1, 2017 or first federal fiscal quarter 2018.
- The gold standard announcement is scheduled shortly thereafter from Beijing.
- Current screen rate: ZIM 350+ions.
GCR/RV INTELLIGENCE ALERT #2 - July 24, 2017
Monday
- Worldwide bank wire codes were switched and reconnected at the satellite level (up the ladder) to collateral accounts through HSBC through AIIB through a 3rd middle man banking holding institution.
- Banks, paymasters and group leaders now just await the return connection (down the ladder) which is a single return code that completes the global currency reset.
- Military, media, diplomats, politicians, international corporate board chairmen and pension / hedge fund managers worldwide are all aware of what is about to take place and in performance ready position.
- Very minimal trading will be allowed in August per normal volumes. Anything above normal will be instantly flagged and corrected by military ghost teams.
- Ceremonially, Grandmother will enter the final "down the ladder" release code and instantly set the world free from economic bondage.
- 800#s will flow out via a pre-fabricated robo call done in multiple languages.
- It is anticipated these redemption contact numbers will hit the internet and spread worldwide in less than 10 minutes.
- All call centers, exchange staff and redemption points of exchange security will all be immediately open for business the moment 800#s are released.
- All previously deposited SKR accounts will fund instantaneously as well.
- Hearing with certainty a defining moment in the Trump exodus is the RV trigger, and everything in the media is prepared to keep a world audience occupied for a two month long distraction.
- Trump's firing Special Prosecutor Bob Mueller we believe is a behind the scenes "go signal" for all involved that the RV operation has begun that exchanges are now taking place.
- Redemption associates were on campus lockdown last week with Sunday off, but reported today at 6am EDT and have returned to campus lockdown status.
- There will be exactly 10 total weeks to redeem all currency holders (9 working weeks with Sunday's off).
- Private exchanges are sovereign rate negotiable eligible through the end of July.
- Public exchanges are screen rate convertible eligible though end of September.
- The RV will be deemed complete operationally by October 1, 2017 or first federal fiscal quarter 2018.
- The gold standard announcement is scheduled shortly thereafter from Beijing.
- Current screen rate: ZIM 350+ions.
Catnip:
ARTICLE 1 (from PM Abadi's website; posted only on Arabic side, not posted on English side)
Prime Minister Dr. Haider Al-Abbadi: The victory that has been achieved has opened a new era for Iraq internally and externally
Prime Minister Dr. Haidar al-Abadi said that the victory that has been achieved has opened a new era for Iraq internally and externally, and the Iraqis have become unified and sectarian outcasts and our forces welcome in every Iraqi province.
During his speech at the celebration of the Islamic Dawa Party in Mosul, he said victory was achieved by sacrificing the sons of the south to defend Anbar, Mosul and Salah al-Din and toppled sectarianism, and we have no choice but to preserve this unity and renounce sectarianism and conflicts, calling on political forces to live the reality of victory and unity, It is not the reality of defeat and discrimination that has entered it.
He called on religious scholars, preachers and intellectuals in liberated cities to focus on unity and peace among citizens.
He added that the government is investigating all information published in the media, stressing the rejection of all alleged violation because the government's goal is reform and fighting corruption, and international organizations to Verify the sources of their reports, indicating that the government bear every drop of blood spilled from the innocent.
"We have spent courageously on Iraqi forces in all their forms of the army, the federal police, the fight against terrorism, the air force, the air force, the popular crowd, the Peshmerga, the clans, the engineering and the medical teams, and all of them have a share in the victory," he said, adding that every fighter sacrificed his blood equals nation and state. Martyrs and wounded.
"Justice is justice and we have confidence that the judiciary is able to play its role in protecting society and fighting corruption," he said.
He also thanked the Iraqi media, which exerted great effort in conveying the truth and standing with the fighters in the war against Da'ash.
Prime Minister 's Media Office
24 July 2017
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ARTICLE 2
Jubouri: Revised budget guarantee to secure the salaries of employees and retirees
BAGHDAD, Iraq, July 24 (KUNA) - Iraqi Parliament Speaker Salim al-Jubouri on Monday praised the efforts of the parliament to speed up the implementation of the federal budget reform for the fiscal year 2017.
"The importance of this budget and the efforts of the Council to achieve and vote on it comes in line with the plan of financial reform and ensure payment of salaries of employees and retirees, and secure the salaries of popular mobilization and coverage of the needs of displaced people.
Al-Jubouri said that "the budget to meet the requirements of the security agencies, which deserve all the thanks and pride and praise for what I have in liberating the land of Iraq from profiting and calling the terrorist, and will contribute to secure the needs of the Ministry of Electricity and the Ministry of Oil, and insurance medicines and medical supplies to the Ministry of Health and projects, The Ministry of Construction and Housing and the Municipality of Baghdad. " Finished
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ARTICLE 3
Lavrov to Maliki: Russia is seeking to strengthen the Iraqi leadership's efforts to reconstruct the economy
2017/7/24 15:35
[Ayna-Baghdad]
DAMASCUS, (SANA) - Vice-President Nuri al-Maliki on Monday discussed with Russian Foreign Minister Sergei Lavrov the latest developments in the political and security situation in Iraq and the region and ways of strengthening them to serve the interests of the two peoples.
DAMASCUS, (SANA) - Vice-President Nuri al-Maliki on Monday discussed with Russian Foreign Minister Sergei Lavrov the latest developments in the political and security situation in Iraq and the region and ways of strengthening them to serve the interests of the two peoples.
Maliki arrived Sunday in Moscow for an official visit. Maliki said during the meeting, according to a statement of his office received the agency of all Iraq [where] a copy of it, "Iraq is looking to find a state of balance in its international relations, and has the desire to establish strong and solid relations with the Russian Federation, especially today we are on the threshold of a new phase, Terrorist organizations and the launching of the process of construction and reconstruction of liberated cities and the return of displaced people. "
"There is great interest in cooperation with Russia in various fields, especially in the fields of energy, oil, trade, reconstruction and military and technical cooperation," he said.
"The region faces serious challenges. The phenomenon of terrorism and the expansion of the criminal activities of extremist groups are among the most serious challenges. The Arab-Arab dispute and the mutual accusations between Qatar and Saudi Arabia on supporting terrorism and extremist organizations, In the fold of the role of both countries [Qatar and Saudi Arabia] and their involvement in the hotbeds tensioning in the countries of the region. "
He praised Russia's support for Iraq and its issues in international forums and in its fight against terrorism. He called for "further cooperation between the two countries to fight terrorism in the region, as both countries are targets of terrorists and those behind them."
For his part, Russian Foreign Minister expressed his country's continued development of cooperation with Iraq, and said that we aim to develop and expand cooperation and partnership, which has its roots for many years, "adding that" Russia seeks to strengthen the efforts of the Iraqi leadership to reconstruct the economy. "
Lavrov expressed "Russia's solidarity with the efforts of Iraq to stabilize the situation in the country, especially in the field of the elimination of terrorist organizations."
"There is great interest in cooperation with Russia in various fields, especially in the fields of energy, oil, trade, reconstruction and military and technical cooperation," he said.
"The region faces serious challenges. The phenomenon of terrorism and the expansion of the criminal activities of extremist groups are among the most serious challenges. The Arab-Arab dispute and the mutual accusations between Qatar and Saudi Arabia on supporting terrorism and extremist organizations, In the fold of the role of both countries [Qatar and Saudi Arabia] and their involvement in the hotbeds tensioning in the countries of the region. "
He praised Russia's support for Iraq and its issues in international forums and in its fight against terrorism. He called for "further cooperation between the two countries to fight terrorism in the region, as both countries are targets of terrorists and those behind them."
For his part, Russian Foreign Minister expressed his country's continued development of cooperation with Iraq, and said that we aim to develop and expand cooperation and partnership, which has its roots for many years, "adding that" Russia seeks to strengthen the efforts of the Iraqi leadership to reconstruct the economy. "
Lavrov expressed "Russia's solidarity with the efforts of Iraq to stabilize the situation in the country, especially in the field of the elimination of terrorist organizations."
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ARTICLE 4
Jaafari arrives in India
2017/7/24 15:59
Ayna-Baghdad]
Foreign Minister Ibrahim al-Jaafari arrived in the Indian capital New Delhi on Monday at a formal invitation extended to him for a few days.
Foreign Minister Ibrahim al-Jaafari arrived in the Indian capital New Delhi on Monday at a formal invitation extended to him for a few days.
"It is hoped that Jaafari will meet with a number of officials in the framework of strengthening bilateral relations between Iraq and India, opening up wider fields of mutual cooperation, benefiting from the experiences of Indian companies, promoting investment and contributing to the Reconstruction of Iraq's infrastructure ".
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ARTICLE 5
Hakim announces separation from the Supreme Council and the establishment of the "national wisdom"
BAGHDAD, July 25 (KUNA) - The head of the National Wisdom Movement, Ammar al-Hakim, announced the establishment of the National Wisdom Movement, stressing that Iraq today is waiting for the birth of a new political trend that fulfills the ambitions of the Iraqi people and deals with the present realistically.
"In the name of Iraq and on your behalf, and out of national and historical responsibility, we declare the establishment of the National Wisdom Stream to be a new political stream born out of the womb of the Iraqi pain and the challenges of the country and bear all the confidence and courage of its sons and youth, .
He explained that "the stream of national wisdom will be where the wisdom is and Iraq is a moderate and moderate, and a starting point for political, economic and social construction so that Iraq will return to take the role it deserves, after all these decades of war and destruction and political confusion. Iraq has enormous economic potential and geographical and demographic diversity and geopolitical location in The region and the world, has a great latent power that qualifies it as a beacon of development and an example of success. Iraq urgently needs to be led by its courageous and progressive capabilities, which have the sincere and conscious political will, trust in Allah and be Confident in the capabilities and capabilities of this great people. "
Al-Hakim said that "the stream of national wisdom will be with the honest and free Iraqis. We are all working to maintain and maintain Iraq's unity and preserve the secret of our strength, which is rejuvenated by our diversity. There are no problems or obstacles that are impossible if there is sincere political will, perseverance and common understanding of true citizenship."Finished
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ARTICLE 6
An advocate changes the name of the connector from the "Land of Empowerment and Obedience" to the "land of humiliation and disobedience"
NINEWA, July 24 (UPI) - The so-called "Al-Khaslan and Disobedience" (Mosul) has been called the land of empowerment and obedience as the starting point and declaration of the alleged Caliphate, according to informed sources.
The sources added that "an organization calling for justification of its collapse and loss in the city of Mosul as a deliberate withdrawal from the (land of abandonment and disobedience)," noting that "the elements and calling through the media points in the city of Tal Afar, Mayfid said that his break and loss in the battle of Mosul was Basseb The failure and betrayal of some of their elements and their cooperation with the security forces and that the organization istrying to convince the people of Tal Afar that they did not lose the city of Mosul, but withdrew from them after their leaders realized the size of the security breach that occurred inside their ranks and the cooperation of some of them with the security services. "
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ARTICLE 7
This is what you do one minute of sports a day
Lester - Iraq Press - July 23: Many people think that to get good sports results, you have to devote his life in the gym, and keep it for long hours, but this is not true.
A recent study shows that exercising for one minute a day can be very beneficial for your health.
According to a study by the Exeter and Leicester universities, women who exercise 60 to 120 seconds a day at high weights, with high intensity and pressure, have an improvement in bone density of up to 4 percent more than women who do not exercise.
According to the British Independent newspaper, after reaching the age of 30, people tend to lose bone mass more than they gain and help the sport increase your bone density and decrease the incidence of osteoporosis.
A previous study of more than 2,500 female participants found that women were at greater risk of osteoporosis with significantly reduced postmenopausal density.
According to the International Osteoporosis Foundation, ten women aged 60 years are affected by osteoporosis, up to two-thirds of women aged 90 years.
Says Dr. "There is a clear link between this type of high-intensity exercise and exercise that puts pressure on the body in a tight time to reach the maximum effort and health of bones in women," said Victoria Styles, a study supervisor.
In a previous study this year, researchers at the University of McMaster found that 60 seconds of exercise is divided into 3 parts in 20 seconds with maximum pressure on the body that increases your health.
According to a study by the Exeter and Leicester universities, women who exercise 60 to 120 seconds a day at high weights, with high intensity and pressure, have an improvement in bone density of up to 4 percent more than women who do not exercise.
According to the British Independent newspaper, after reaching the age of 30, people tend to lose bone mass more than they gain and help the sport increase your bone density and decrease the incidence of osteoporosis.
A previous study of more than 2,500 female participants found that women were at greater risk of osteoporosis with significantly reduced postmenopausal density.
According to the International Osteoporosis Foundation, ten women aged 60 years are affected by osteoporosis, up to two-thirds of women aged 90 years.
Says Dr. "There is a clear link between this type of high-intensity exercise and exercise that puts pressure on the body in a tight time to reach the maximum effort and health of bones in women," said Victoria Styles, a study supervisor.
In a previous study this year, researchers at the University of McMaster found that 60 seconds of exercise is divided into 3 parts in 20 seconds with maximum pressure on the body that increases your health.
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