Thursday, November 30, 2017

Word on the Street Thursday 11/30/17

Word on the Street Thursday 11/30/17




Word on the Street Thursday 11/30/17:
TNT CONFERENCE CALL WEDNESDAY 11/29/17 DC NY CALL RECAP:
Good evening TNT Superfantastic Family. Today is Wednesday Hump Day. We are going to address a little information. The text went out the canary is singing and next should be the fat lady, and it ain't over till the fat man sings. The info I can share with you 2018 budget is sent to parliament and has been approved and with a rate of $3.53 in it. Numbers in the budget have been modified due to the rate adjustment. It is all good long as we know the ride is coming to an end. The speeches from last weekend Saturday and Sunday I do have information. Only thing I can say the first one is given and some confusion if the RI is actually being put out there for consumption or reception, and another announcment had to follow up for the RV. The transcripts will probably be available and that info is some darn good info, and the other parts that go with it. We will bring it out. We hear $3.71 and that maybe the true rate maybe $3.63 and bounce to $3.71 and know the market will play it up and when this thing pops, we still wait to access the situation. Then we will proceed with caution. Two dates I am looking at and looking for info to come to me. Two dates of extreme interest Nov 30 and December 2nd. That is it and lets go to the board for questions. Q and AQ: When you share you hold back info. Are there one or 2 bits of info you can bring? Ray: I already did. Callers: Caller: 865: Catnip: With 2 dates of interest you shared with us, are your folks saying they are not tying in with their day off? Ray: No only those 2 days I mentioned. Catnip: Tomorrow is a good day and I am interested UN Operational Rates have updated and no change. Iraq is at the same rate. Caller: Just some clarification the first announcment Abadi was an RI and then an RV? Ray: Yes that is correct. Caller: $3.63 came out today Ray: Yes, Publicly Caller: 712 Living the dream is fine. Its been 8 years for me. I am ready for this ride to stop and help people to pay it forward. Do we know the rate? Ray: Ok you will the rate see it in the budget. Caller: Has Iraq come out of chapter 7? Ray: I don't think there is anything public for you to read saying that. Caller: Do you think the fat lady will sing by December 2nd? Ray: We have to wait to see these dates come through, and then we could see the Fat lady sing. We can't do anything till it goes public. Caller: Ray: The dates I said I am looking for chapter 7 would be a mogue point. December 2 will tell me all I need to know and to you too. When I hear it, I will share it. Caller: Great info and glad I got on the call. Once the rate is known to the world will the ZIM Dollar be available to go in when the Dinar goes? Ray: The last info we receive the anticipation is all the currencies will go at the same time or within hours. These are the currencies we are holding. Caller: 417 You said in the budget the rate and is that the rate it will be. Ray: Yes: that means that is the rate it will Revalue at, and that is the International rate of the currency. I have every intention for it to go higher. RI is a reinstatement and RV is a revalue of the currency. At this point we are looking for either to happen, so we know how to spring into action. The lower they bring it in at, we know how to make that explode. We taught people how to do that. Caller: 918 Will it be in the Gazette? Ray: The CBI will reflect the rate. The Gazette is the proof that something took place. The rate could change tonight. We still have to wait for documentation of the Parliament approved the budget with the rate of $3.63 in it. It is not a done deal yet. I hope to give you more info when it is a done deal. All I am giving you is the intentions of what has been given to me. I am thinking the CBI will relect $3.63. Ray's Wrap Up: The info looks very good. Some of us might even say gooder. Yet we still have to wait how true to form things are and projected to be. We have a lot of good info that has come in and hope it manifests. We await more info on that. I have 2 dates in mind and waiting for more info, so I know how to move you in what direction. I did not receieve any 800 numbers or don't know if I will get them, but I do have 66 banks that will say bring in your currency. I waiting for the rates to appreciate, and if I get 800 numbers I will send them out. Be ready so you don't have to get ready. Do it tonight. This won't be a dress rehearsal. Get ready for the real deal and you should be ready. We have addressed reality and role playing to help you be prepared when this finally goes. This is an exciting time this victory week, and time will tell. All we can do is sit back and wait. Lets see what info comes to us and what info that we have comes to pass. When that happens, I won't hesitate to bring it to you. It is still hump day and look forward to a very nice Thursday. Lets see what happens. We will keep you posted. Just be ready folks. We taught you what you need to know, and be ready to pass on the baton. I Believe! How about you? Rayren 98
 
 
Forex Rates
 
http://forex.tradingcharts.com/quotes/custom_forex_quotes.html?sQSyms=USDIQD%2CUSDVND%2CUSDCNY%2CUSDKWD%2CGBPUSD%2CUSDIRR%2CUSDIDR&btnFinished=Finished%3A+Display+Favorite+Quotes
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,166.0000  1,216.7000 1,166.0000 1,140.5000 1,140.5000  25.5000 07:13
 USD/VND  22,369.0000  23,045.0000 22,684.5000 22,359.0000 22,359.0000  10.0000 07:13
 USD/CNY  6.6136  6.6156 6.6161 6.5953 6.6083  0.0053 07:12
 USD/KWD  0.3008  0.3028 0.3012 0.3008 0.3012  -0.0004 05:48
 GBP/USD  1.3447  1.3448 1.3479 1.3414 1.3414  0.0033 07:13
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  13,528.0000  13,540.0000 13,533.0000 13,507.0000 13,521.0000  7.0000 07:10
 
 
CNBC Link:  
 
 
CNBC Morning Squawk Link:
 
No link yet.
 
Tish:

Iraq to sell a $2bn unsecured bond in 2018, but what of the IMF’s $850m loan?

Iraq’s Central Bank Governor Ali Al-Allaq discusses Iraq’s return to the global bond market and the challenges they face. He speaks on “Bloomberg Markets: Middle East.”
Iraq will return to the bond market next year in a bid to reduce a $2bn budget deficit, and it may not be difficult, according to Bloomberg.
It is the second time that Iraq sells independent international debt, or bonds that don’t carry a government guarantee, after having sold in August $1bn worth.
Bloomberg says that the August debt was very well received and had orders of about $7bn for the debt. But there are challenges ahead, such as receiving the second tranche of IMF loans worth $850 million, which the IMF could tie with the Kurdistan referendum.
Allaq said that most of the IMF targets have been met and that the discussions revolving over the 2018 budget have mostly been resolved.
“Now discussions will take place in the Iraqi parliament, but the IMF mostly cares about reducing the Iraqi deficit, more than anything else, and as such we expect to receive the second tranche of the IMF loan in January 2018, which will be followed by other loans from the World Bank and others,” Allaq said.
 
DC NY Iraq Articles:  dddd

Share of Kurdistan and oil provinces behind the delay of the budget next year

 
Nov 30, 2017
 
Baghdad «Al-Quds Al-Arabi»: The draft federal budget law for the year 2018 in the corridors of the Iraqi government, did not reach the House of Representatives, as was likely, on Wednesday.
Al-Quds Al-Arabi learned from parliamentary sources that the main reasons behind the delayed arrival of the budget to parliament is the dispute over the share of the Kurdistan region in the law (12.67%), in addition to demanding oil producing provinces to increase their quotas and include the amounts of "petrodollar."
"The budget has not reached the House of Representatives until the moment (at the time of writing)," parliament speaker Salim al-Jubouri said at a press conference held in parliament. And if it arrives next week, we will call the members of parliament for another extraordinary session to read it ».
On Wednesday, the Iraqi Council of Representatives was unable to hold the "last" session in its current legislative term due to the lack of a quorum and entered its legislative term of 30 years.
The Cabinet approved the draft budget bill for the year 2018, early this month. According to the draft budget, the total revenue is estimated at 5 trillions and 331 million dinars, at 43.4 dollars per barrel of oil, with a production capacity of 3 million and 888 thousand barrels, including about 73 trillion dinars of oil revenues.
The total expenditure amounted to 108 trillion and 113 million, while the budget deficit amounted to about 22 trillion and 782 million, and decreased the share of the Kurdistan region to 12.67% only after it was 17%.
The budget is also due to include additional funds for the "popular mobilization", according to a previous decision of the parliament, the text of the equivalent of the fighters of the crowd with their counterparts in the federal security forces, in terms of salary and financial allocations.
In this regard, member of the parliamentary security and defense committee MP Ahmed al-Asadi told «Al-Quds Al-Arabi» that «the parliament discussed and voted on the wording of a resolution on 16 October last, depends on the recommendations and directives of the Prime Minister Commander-in-Chief of the Armed Forces Haider Abadi to support the popular crowd, And pursuant to the Law No. (40) of 2016 and the Budget Law No. (44) of 2017, to raise the salaries of popular mobilization and equality with their peers in the security forces in terms of allocations and all financial details ».
He added: «The resolution requires the House of Representatives to include the financial increases and allocations voted in Parliament, the budget of 2018».

Iraq aims to raise the production of Rumaila field and will tender a new pipeline for the export of Kirkuk oil beyond Kurdistan

 
Nov 30, 2017
 
BASRA, Iraq (Reuters) - Iraq plans to increase its giant field production to around 1.5 million bpd in 2018, Mohamed Hassan, director of Iraq's Rumaila oil field, said on Sunday.
The production, developed by BP and its Chinese partner CNPC, is currently around 1.45 million bpd, he said.
The field, estimated at 17 billion barrels, is the largest part of Iraq's supply.
"Our plan for 2018 is to raise production by about 50,000 barrels per day after increasing water pumping and launching new energy facilities in Rumaila," Hassan said.
One of the 48-inch pipelines used to bring water from a nearby pumping facility will be operational in early 2018, which will help increase the available water supply to 1.3 million bpd next year.
He said BP was managing the Kerma Ali facility near Basra, which currently produces 1.25 million barrels per day of treated water being pumped into oil wells.
Pumping water is essential for the development of the southern fields, and among its purposes push oil to the surface and overcome the decline in production from fields such as Rumaila, West Qurna, Zubair and crazy.
Hassan said that once the 2018 plan for Rumaila's development was approved by the Oil Ministry, BP would begin drilling about 50 new wells to help boost production.
Iraqi Oil Minister Jabbar al-Luaibi said on Wednesday that Iraq plans to submit a tender within a week to build a new pipeline for the export of Kirkuk crude, which does not pass through the territory of the Kurdistan region.
Last month, the Iraqi central government seized control of Kirkuk from the grip of the semi-autonomous region.
The production of about 300,000 barrels per day has since stalled amid a dispute between Baghdad and Erbil over export routes.
The province built another pipeline to export Kirkuk to the Turkish port of Ceyhan overlooking the Mediterranean, after damage inflicted by fighters of the Islamic State Organization pipeline Kirkuk old government of the federal.
The Iraqi oil minister told reporters in Vienna that the new pipeline would be able to transport 300,000 barrels per day. He added that the current production of Kirkuk, which amounts to about 80 thousand barrels per day trucking to power plants and local refineries.
Al-Luaibi said that Iraq is in the process of opening a dialogue with the Russian company Rosneft, one of the most active investors in Kurdistan

Extensive celebrations in Adhamiya for the occasion of the Prophet's birth

Since 2017-11-30 at 00:35 (Baghdad time)
Baghdad Mawazine News
Celebrations celebrated the capital of Baghdad and Iraqi cities on the occasion of the birth of the Prophet (PBUH) amid tight security
The cities of Iraq and the streets of the capital Baghdad thousands of citizens marked the celebration of the birth of the Prophet.
The scenes of joy for the families, with children and even adults, seemed to be dressed in bright and attractive colors, with ribbons, balloons and lanterns hanging along the main streets of the capital.
The front of the store is almost empty of shops on both sides of the road banners of singing the birth of the Prophet or an invitation to cuddle among the people and invest for the occasion in spreading the values ​​of tolerance and brotherhood among Iraqis.
Hundreds of Baghdadis took part in the celebrations held this evening in front of the Abu Hanifa al-Nu'man mosque in Adhamiya.
The security forces imposed strict measures and cut off some roads leading to the area in anticipation of the occurrence of security violations that may target the revelers.
Muslims in Iraq and around the world celebrate the birth of the Prophet Muhammad in the spring of every year. The celebrations in Iraq mark the distribution of sweets and food among neighbors and the organization of central celebrations in the religious shrines of Baghdad and the rest of the provinces.

Fly Baghdad» Iraqi Airways cheap plans to launch European flights next year

 
Nov 30, 2017
 
DUBAI (Reuters) - Air Arabia plans to start flights to Europe and India next year, expanding its network beyond the Middle East, and plans to list in the stock market in 2020, the chief executive of low-cost airline Fly Aviation said on Wednesday.
Baghdad's Fly Baghdad, owned by Iraqi investors, was launched in 2015 to compete with state-owned Iraqi Airways, one of the oldest airlines in the Middle East and a few other privately owned airlines.
"There is a huge population that has money and there are not many places to visit in Iraq," said Ali Al-Hamdani, executive director of Dubai's industry sector. Everyone talks about travel. "
The company's Baghdad-based fleet consists of two Boeing 747-700 aircraft with 149 seats and one Bombardier SRJ 200 with 50 seats used for flights to the cities of Erbil and Sulaymaniyah in northern Iraq, Istanbul in Turkey and Amman.
Al-Hamdani said that "Fly Baghdad" will start talks with local and European regulators early next year to launch European routes that will target the service of Iraqi expatriates abroad.
Al-Hamdani, a former Air Arabia executive, led a restructuring of Fly Baghdad after his appointment last year, including a temporary suspension of its fleet. The company aims to start making profits next year after adding flights to Frankfurt in Germany, Malmo in Sweden and Delhi in India as part of a proposed network expansion that will also include Dubai. And the national carrier «Iraqi Airways» banned in Europe since 2015 because of problems related to compliance with safety standards.
Fly Baghdad aims to move about one million passengers next year if it goes ahead with the proposed expansion of its network, compared to the 300,000 passengers it is expected to transport this year. Al-Hamdani said his company B will charter a Boeing737-700 and Boeing737-800 next year for use on the proposed new routes, adding that the company's fleet will have six to eight aircraft by 2020, the year it plans to issue an initial public offering.
He said it was too early to discuss the location of the listing or the outcome that the company aspired to collect.
Fly Baghdad will start flights to Ankara in Turkey and Beirut in Lebanon next month.

Electricity separates consumer prices in the privatization project

 
Editorial date: 2017/11/30 13:14 • 249 times read
 
{Baghdad: Al-Furat News} The Ministry of Electricity, in figures, separated the prices of the project of privatization of electricity collection controversial and objected to many of the provinces.
"From 40 thousand to 80 thousand dinars is the wages of electricity after privatization in the peak season of summer, while in other seasons will not exceed the bill of 10 thousand dinars," said ministry spokesman Musab al-Mudar.

Iraq loses 40 billion dollars a year due to power cuts

29-11-2017 03:59 PM 
Al-Hayat newspaper published a report by the energy expert Walid Khadduri, in which he talked about the losses of the Iraqi energy sector resulting from corruption and administrative negligence and the impact of lack of electric power and its interruption on Iraq's economy and institutions.

The report quoted the International Energy Agency as saying that 'the economic damage resulting from the lack of energy production, 40 billion dollars a year due to power cuts from the economic sectors', noting that' electricity loses about one thousand megawatts due to irregular fuel processing or low pressure gas, what Means resorting to the use of petroleum products at a cost of 20 million dollars a day, and the loss of electricity capacity about 5000 MW at a cost of 10 million dollars a day. The direct and indirect damage to the mismanagement of the electricity sector is estimated at $ 50 billion a year.

The report said that 'the Ministry of Oil completed a study in March 2015 on waste, neglect and mismanagement in oil production operations, its capacity of about 14.5 billion dollars between 2011 and 2014', adding that the former Chairman of the Committee on Oil and Energy Adnan al-Janabi, confirmed that 'the real assessment of damages and losses Resulting from mismanagement, administrative corruption and neglect since 2006 and so far in the field of energy more than the Ministry of Oil tens of times, and about a trillion dollars.
d
 
 
Kauaihn Iraq Articlesdd

OPEC is moving to extend production cuts to the end of 2018

 
Editorial date:: 2017/11/30 11:27 • 63 times read
 
{International: Euphrates News} Four well-informed sources said that OPEC and its allies from outside producers will agree at a meeting on Thursday to extend the agreement to reduce oil production until the end of 2018.
Under the deal, producers will reduce their supply by about 1.8 million bpd in an effort to boost prices, which will expire in March 2018.
"They will agree on the (extension) nine months," an OPEC delegate told Reuters, adding that the meeting, scheduled to start around 0900 GMT, was expected to go smoothly.
"No surprises, everyone supports nine months," a second source said.
The Organization of the Petroleum Exporting Countries (OPEC) and Russia have indicated that they may retract any extension of the deal when they gather again in June if the market has a feverish rise.

Iran joins the list of supporters to extend the OPEC agreement

 
Editorial Date: 2017/11/30 10:58 • 54 times scheduled
 
(Reuters) - Iran's oil minister, Bijan Zangana, has said Iran is in favor of extending OPEC's deal to cut oil output for another six to nine months.
Several countries have agreed to extend the agreement between Iraq to keep crude prices above $ 60 a barrel.
Zankana said in a statement to reporters on Wednesday evening in the Austrian capital Vienna, which he is visiting to participate in the meeting of the 173 oil-exporting countries (OPEC) in his response to Iran's view on extending the period of agreement to reduce production 6 or 9 months: We support both periods. "
The 37th meeting of the Organization of Petroleum Exporting Countries (OPEC) and the third meeting of OPEC member states and independent producers are to be held in Vienna on Thursday, and oil ministers are expected to decide on extending the agreement to cut production.
The OPEC member states agreed on November 30, 2016 in Vienna for the first time after 2008 to reduce production and decided to reduce the size of 1.2 million barrels per day and excluded Iran, Libya and Nigeria from the program to reduce until reaching the ceiling of production, which fell because of Prohibition or technical problems.
OPEC also succeeded 10 days later in making non-Opec members also keep pace with it as it decided to cut output by 600,000 bpd.
Accordingly, world oil production has decreased by one million and 800,000 bpd since the beginning of 2017.
The oil and energy ministers of OPEC member countries and others agreed at their meeting last June to extend the period of production cuts by 9 months, until the end of March 2018.
On the recommendation of the Joint OPEC / Non-OPEC Technical Committee, which held its meeting last Monday, it was proposed to extend the cut-off period until the end of 2018, subject to review in June of the same year if necessary.

The salaries of Kurdistan region employees have been delayed since then

https://translate.googleusercontent.com/translate_c?depth=2&hl=en&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=https://arabic.sputniknews.com/arab_world/201711301027956484-%25D8%25A5%25D9%2582%25D9%2584%25D9%258A%25D9%2585-%25D9%2583%25D8%25B1%25D8%25AF%25D8%25B3%25D8%25AA%25D8%25A7%25D9%2586-%25D9%2585%25D9%2588%25D8%25B8%25D9%2581%25D9%258A/&usg=ALkJrhj61dqQlm-uQSlz_e-XGNEnfsU37g
 
 
 
The decision of the Finance Committee in the Iraqi Council of Representatives, MP of the Kurdistan Alliance, Ahmad Hama, in a special statement to the "Sputnik" in Iraq, on Thursday, November 30, the delay in paying the salaries of employees of the Kurdistan region, for more than two months.
Hama explained that the employees in the Kurdistan region have not received their monthly salaries, more than two months ago, calling on the Federal Prime Minister, Haider Abadi, to abide by the promises and pay the salaries of these employees registered in the federal budget.
"The data that need to be checked is for the security forces, the Peshmerga and the retired, in the Kurdistan region, but the largest group of staff in the region do not need to be checked because there are documents and data of their own installed in the federal budget for the previous years, Social welfare and the proportion of martyrs. "

I consider the decision of the Finance Committee in the Iraqi parliament, at the end of his speech, the non-payment of salaries of employees of the Kurdistan region, by the federal government, is a deliberate crisis of the crisis of the latter.
Earlier, the Iraqi government announced its intention to pay and pay the salaries of employees of the Kurdistan region and the Peshmerga forces, after checking and verify, in light of the crisis between the Center and the region after the latter referendum for separation from the country.
Iraqi Prime Minister Haidar al-Abadi said during his weekly conference on Tuesday (October 31st) that "the Iraqi government intends to start soon to pay the salaries of Kurdish Peshmerga forces and government employees in the Kurdistan region."
The Secretary General of the Ministry of Peshmerga of the Kurdistan region, the team Jabbar Yawar, in a statement to correspond with us, on the ninth of November, the number of troops registered in the process of "Bayometric" and the federal government can confirm them.
Yawar said the number of Peshmerga forces is 160,000 - all registered in the biometric census conducted in the province.
According to Yawar, every person registered in the Bayometer is a government employee. The Iraqi federal government can check the records of the operation and verify the names and numbers of existing Peshmerga forces.
Yawar pointed out that the salaries of the Peshmerga forces have not been disposed of since 2003, pointing out that the budget issue is general and has nothing to do with military issues, and the responsibility of resolving it between the Federal Ministry of Finance and the Kurdistan Region.
On Monday morning, October 10, 2016 in Erbil, the Kurdistan Region began working on the biometric system for the employees of the Government of the Territory through the electronic salary card for employees.
In a previous statement, the decision of the Finance Committee in the Iraqi parliament, MP from the Kurdistan Alliance, Ahmed Hama, to correspond with us, Wednesday, November 8, saying: The federal government, announced more than once that it will only spend for the allocated number of Peshmerga forces, 45) A component, and thus their financial dues more than (37-40) billion dinars per month.
The decision that the funds allocated in the general budget of the country, Peshmerga as the number mentioned, but the number of troops located in the Ministry of Peshmerga in the Kurdistan Regional Government, is the figures declared (266) thousand elements, and the unspecified up to 400 thousand elements.

Joint operations deny the movement of US troops to Kirkuk

 
Editorial date: 2017/11/30 8:51 • 170 times read
 
(Baghdad: Al Furat News) The Joint Operations Command denied on Friday reports of the movement of US troops to the province of Kirkuk. 
A statement issued by the media of the military received the agency {Euphrates News} a copy of it, "some media quoted sources in the Kurdistan region of the movement of US forces to Kirkuk and at the time we deny this news in full, the Joint Operations Command confirms that there is no increase of coalition forces Not in Kirkuk or in the rest of Iraq. "
"The foreign forces are not in possession of the land and they have neither the capability nor the number nor the equipment. The responsibility for the security of Kirkuk is the responsibility of the Iraqi national, the federal forces and the Kirkuk police, and the tasks of the international coalition are determined by training, consultation and logistical support."
d

The US ambassador talks about the future of US forces in Iraq

Wednesday, November 29, 2017 at 17:45 pm (33 views)
Baghdad / Sky Press
US Ambassador to Iraq Douglas Seelman said on Wednesday that US forces in Iraq are left to provide logistical support and training Iraqi forces, while Washington plans to reduce its troop numbers.
In an interview with Sky Press, Sulliman said his country was "talking carefully to the Iraqi government to keep US troops in Iraq, while reducing their number, in order to provide training and logistical support if needed."
In response to a question on the existence of a new US weapons plan for the Iraqi forces, Silliman said that "Washington is currently focused on training and support the Iraqi forces in the sustainability of the weapons system, and use them efficiently in the future."
"A large part of the success of the Iraqi forces was due to the support of the international coalition; they participated in air support and training."
On the Iraqi elections scheduled for May 2018, Ambassador Douglas Silliman denied that "the United States has a role in postponing them," stressing that "it must be held in time; because if there are arguments and excuses to postpone them, in the future some parties may use these arguments for further postponements As in Kirkuk, an attempt to postpone the elections. " "We support holding elections on time," he added.
"The United States is cooperating with the European Union and the United Nations to repatriate the displaced. If their return is delayed, we will ensure that every displaced person can vote in his place of displacement," he said.
"In three years, the United States has provided $ 1.7 billion to the displaced, and we are working with the government to develop a program that will contribute and facilitate the return of displaced people to their homes," he said.

US ambassador to Iraq denies his country's interference in postponing parliamentary elections

29-11-2017 04:26 PM 
US Ambassador to Iraq Douglas Seelman denied on Wednesday that the United States has a role to delay. As in Kirkuk from an attempt to postpone the elections'. He added, 'We support the holding of elections on time '.
The United States is cooperating with the European Union and the United Nations to repatriate the displaced, and if their return is delayed, we will ensure that every displaced person can vote in his place of displacement, " Silliman said in an interview .
Within three years, the United States has provided $ 1.7 billion to the displaced, and we are working with the government to develop a program that will contribute and facilitate the return of displaced people to their homes, " he said.
On the other hand, Silliman stressed that US forces in Iraq are left to provide logistical support and training of Iraqi forces, while Washington intends to reduce the number of its troops . Adding that his country 'is discussing with the Iraqi government to keep the US forces in Iraq, while reducing the number; in order to provide training and logistical support when needed '.
In response to a question on the existence of a new US weapons plan for the Iraqi forces, Silliman said that 'Washington is currently focused on training and support the Iraqi forces in the sustainability of the weapons system, and use them efficiently in the future '.
He added that 'a large part of the success of Iraqi forces was because of the support of the International Alliance; where they participated in air support and training '.
d
 
 
Kauaihn Economic Times:
 
ECONOMIC TIMES / CHATTER

FOR TWITTER ACCT

Just send a text message from your cell phone to:
40404 (may have to add 40404 as a contact first) Then send a message that says: Follow @FactsnOpinion1 and you will join their twitter feed and instantly get the doc. You do NOT have to join twitter to get tweets
ONLY SPACE IS AFTER FOLLOW
who are on their computers to go to:
to get to our twitter feed
 
 
 
 
GLOBAL/NEWS/INFO
Spending less over the holidays boils down to one mindset shift
It's easy to overspend over the holidays, but this mental trick may help.


Self-made billionaire Ray Dalio says successful leaders share 3 traits
Dalio has studied some of the greatest business titans in history, including Jeff Bezos, Bill Gates and Elon Musk.

Mark Cuban: Billionaires have these 3 skills—and anyone can learn them
"Shark Tank" investor Mark Cuban agrees with Warren Buffett and Richard Branson on the topic.

Money is no longer the biggest incentive in selecting a job
USA TODAY
The majority of Americans would choose to work for a company with shared values over a higher paying job. Read the full story

The Day Ahead: Top 3 Things to Watch
Investing.com
© Reuters. What to watch out for in tomorrow's session Read the full story
 
 
 
OIL/COMMODITIES/ENERGY
Gold price firms on softer dollar but narrow range holds
Gold was hemmed within its narrowest monthly range since 2005 as soaring stock markets indicated buoyant appetite for more cyclical assets.

Global gold prices firm on softer dollar
Livemint
London: Gold prices edged higher on Wednesday as a retreat in the dollar lent support but it remained hemmed within the narrowest monthly range since 2005 as soaring stock markets indicated buoyant appetite for more cyclical assets. Read the full story

Gold Little Changed as Investors Shrug Off North Korea Missile Launch
Investing.com
© Reuters. Gold prices tread water Read the full story

Gold to Take Off When the Missiles FlyMarkets & Money
Of course, if geopolitical tensions keep climbing, gold could surge higher. But the yellow metal needs to close above the upper black horizontal line. That’s major resistance level at US$1,297 per ounce. If it clears that, gold could revisit this year’s high. That should be good news for gold stocks. The post Gold to Take Off When the Missiles Fly appeared first on Markets and Money. Read the full story
Oil Stays on The Backfoot Ahead of U.S. Supply Data; OPEC Doubts Weigh
Investing.com
© Reuters. Crude oil prices stay weaker Read the full story

Oil prices slip on uncertainty over OPEC deal, reported rise in US crude stockpiles
Doubts set in about Russia's willingness to substantially extend a deal to curb output between some of the world's biggest exporters.

FGE's Brown Says Oil Needs to Stay Around $55 a Barrel
Bloomberg
Jeff Brown, president at FGE, discusses the OPEC meeting, the possibility of an extension of the production curbs and his outlook for prices. He speaks on "Bloomberg Markets: Asia." Read the full story
 
 
 
BANKS/BANKING/CREDIT
SocGen says it will 'soon' settle with authorities on current investigations
The French bank Societe Generale hopes to reach settlements with authorities over recent regulatory investigations in the next weeks or months, its chief financial officer told CNBC Tuesday.


First Hawaiian to Participate in the Goldman Sachs US Financial Services Conference
HONOLULU, Nov. 28, 2017 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ:FHB) announced today that Robert Harrison, Chairman and CEO and Eric Yeaman, President and COO will participate in a fireside chat at the Goldman Sachs US Financial Services Conference on Wednesday, December 6, 2017 at 10:50 a.m. Eastern Time. A link to the live audio webcast of the fireside chat can be found at Full story available on Benzinga.com Read the full story

5 Lesser-Known Perks of the Bank of America Premium Rewards
The Points Guy
The newest premium credit card on the market comes to us from Bank of America — the Bank of America Premium Rewards Credit Card. For those not familiar with this newcomer, it currently has a sign-up bonus of 50,000 points after you spend $3,000 in the first 90 days. Highlights of the card include a $100 airline credit to cover purchases such as seat upgrades, baggage fees, in-flight services and more. Every four years, you’ll also get up to a $100 Global Entry credit, which can be used to give Read the full story

NEW INSIGHT: How Budget-Conscious Banks Can Smarten Up Security
PYMNTS.com
The motto for banks turning to artificial intelligence (AI) and machine learning to foil fraud is "Work smarter, not harder." In the latest PYMNTS Digital Banking Tracker™, a Feedzai collaboration, Shazia Manus, chief product and strategy officer of CO-OP Financial Services, explains why smart is hot and how even little financial institutions can get AI. Also, find the latest headlines on how digital-savvy banks are emphasizing personal touches — from human-esque conversational AI to a Read the full story

Bank sector hardly in ruins, despite Trump claim
CBS News
President says Consumer Financial Protection Bureau "devastated" U.S. banks. Then why are so many so profitable? Read the full story

Opinion | Nobody Need Fear a Banking Inquisition
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App OPINION | FINANCE Official inquiries, for all their power and pomp, tend to be paper tigers. NOVEMBER 28, 2017 7:00 PM EDT Head for the hills -- the nightmare scenario that Australia's banks have long feared may be about to come to pass. Laws to start an official inquiry into the industry could clear the country's lower house of parliament next week, the Australian Financial Review newspaper reported Tuesday, after a second member of the Read the full story

Opinion | Maybe Investment Banking Isn't HSBC's Thing
Bloomberg
HSBC Holdings Plc just can't seem to crack Wall Street. The latest piece of evidence? Matthew Westerman's departure, less than two years after he was recruited from Goldman Sachs Group Inc. as co-head of global banking. His stepping down brings into focus the harsh environment in the big league of investment banking. That's twice in recent history HSBC has tried but failed to employ an outsider to create a more cut-throat culture. John Studzinski, or Studs, was brought in from Morgan Stanley in Read the full story

Federal Reserve Board issues consent order against Peoples Bank
STL.News
Today the Federal Reserve Board issued a Consent Order against Peoples Bank in Lawrence, Kansas for deceptive residential mortgage origination practices WASHINGTON, DC/November 28, 2017 (STL.News) The Federal Reserve Board on Tuesday issued a Consent Order against Peoples Bank ("Peoples"), Lawrence, Kansas, for deceptive residential mortgage origination practices in violation of section 5 of the... Read the full story

The Huge Twist the Bankers Didn’t See Coming
Money Morning Australia
I do acknowledge that cryptocurrencies make some people nervous. They change deeply embedded societal structures. They change the fabric of your daily life. The security of certainty. Cryptocurrencies are a move in the direction of freedom. If we are willing to pay the price. The post The Huge Twist the Bankers Didn’t See Coming appeared first on Stock Market News, Finance and Investments | Money Morning Australia. Read the full story


TREASURIES/BONDS/STOCKS
US Treasurys lower as investors gear up for GDP data, Fed remarks
U.S. government debt prices were lower on Wednesday, ahead of key speeches by leading members of the U.S. Federal Reserve.

ECB warns of possible global market correction after excessive risk-taking
The European Central Bank (ECB) warned Wednesday that despite the improved economic growth in the euro area there are concerns related to a sudden increase in volatility.
Read more: https://www.cnbc.com/2017/11/29/ecb-warns-of-global-market-correction-after-excessive-risk-taking.html


US markets looking 'overstretched' and could trigger a sharp reversal, ECB vice president says
The vice-president of the European Central Bank (ECB) warned Wednesday that current high valuations in U.S. equities could spark a global market correction.

Even the Fed is worried about the "Goldilocks" market
CBS News
Amid widespread euphoria, the central bank is joining those who think stocks are ripe for a nasty reversal Read the full story

Opinion: Why it’s now time to break from the stock market’s herd
MarketWatch
Be most on alert when everyone else is complacent, writes Richard L. Peterson. Read the full story

Mnuchin tells Wall Street release of bond trading data under review, doesn't want to disrupt market
CNBC
Bankers and Treasury bond traders gathered at the New York Fed to talk about the evolving bond market. Read the full story

This potential signal from the bond market should cause stock investors to head for the exits
CNBC
Wall Street wonders what the flattening "curvature" of the bond market says about the economy. Read the full story
Dow industrials poised to climb closer to 24,000 milestone
MarketWatch
Futures for the Dow industrials point to a rise at the open, putting the blue-chip gauge on track for a fresh record as it approaches the 24,000 mark. Traders watch for progress on a tax overhaul following a step forward in the prior session. Read the full story

Michael Arrington launches $100 million cryptocurrency hedge fund
MarketWatch
Silicon Valley venture capitalist Michael Arrington is going all-in with cryptocurrencies, announcing Tuesday the launch of a $100 million hedge fund tied to a bitcoin rival. Read the full story

Coinbase VP Says Bitcoin Volatility Will Be Short-Lived
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App Adam White, Coinbase Inc. vice president, discusses the surge in bitcoin with Bloomberg's Emily Chang on "Bloomberg Technology." Read the full story


 
INSURANCE/HEALTH

The Latest Launches From Allstate, Pool Re and Starr Companies - Carrier Management
Carrier Management
Allstate inked a new deal with a company that gives it the ability to use highly predictive online data for claims processing. Pool Re is expanding cover for cyber-related terrorist incidents. Starr Companies has a new agreement that will help boost its light general aviation business. *** Allstate is pairing with Carpe Data in a deal that gives the insurer an ability to apply highly predictive online data to claims processing in order to fight potential fraud. Carpe Data is a California-based Read the full story

How To Avoid High Auto Insurance Costs with Online Quotes
Insurance News
LOS ANGELES , Nov. 28, 2017 /PRNewswire-iReach/ -- Lowcostcarinsuranceprice.com has released a new blog post explaining how to find affordable auto insurance as a high risk driver. Agencies use a rating system to determine insurance costs. Clients who have a bad driving record will be considered a liability and will have to pay more for coverage. They are known as high risk drivers and finding coverage in this situation can be difficult. Fortunately, online brokerage services can make a big Read the full story

The Most Promising Cancer Treatments In a Century Have Arrived—But Not For Everyone
WIRED
Scientists can train the immune system to attack cancer. But the prices—and the body's reaction—can go overboard. Read the full story

Trump's pick for health secretary messages he's no Tom Price
POLITICO
Backers stress his experience as a top Bush HHS official; Democrats are wary of drug industry ties. Read the full story

As scarlet fever cases rise, baffled researchers investigate
CNN
The age-old killer scarlet fever is on the rise in England and East Asia, and investigators don't know why. Read the full story


Wells Fargo to exit personal insurance business
Reuters
Wells Fargo & Co said on Tuesday it would exit the personal insurance business and immediately begin winding down marketing and product promotion activity. Read the full story


 
 
CURRENCIES
 
Federal Reserve starting to think about its own digital currency, Dudley says Thank you DC

 
After topping the $10,000 milestone Tuesday, the cryptocurrency is already on track to take out $11,000. That would mark its fastest ever $1,000 jump. Read the full story

Bitcoin just hit $10,000: Dizzying rally shows no sign of slowing
CNN Money
There's no stopping bitcoin right now. It's up more than 900% so far this year. Read the full story

Bitcoin just broke through $10,000 milestone in fastest $1,000 jump ever
MarketWatch
Bitcoin just took out the $10,000 milestone after the cryptocurrency’s 2017 rally accelerated over the Thanksgiving weekend, raising questions — again — about whether bitcoin mania has gone too far. Read the full story
Dollar firm on tax cut progress, outshone by bitcoin
Reuters
The dollar held firm on Wednesday after Wall Street shot to record peaks amid signs of progress on U.S. tax cuts, while Bitcoin topped $10,000 on more exchanges as appetite for digital currencies showed no sign of fading. Read the full story

US dollar rallies after Fed chair nominee's comments
Social News XYZ
New York, Nov 29 (IANS) The US dollar rose against most other major currencies after US Federal Reserve chair nominee Jerome Powell said he expected the central bank to continue monetary tightening and to ease regulatory burdens on financial system. "If confirmed, I would strive, along with my colleagues, to support the economy's continued progress... Read the full story

Forex - Dollar Remains Lower Amid Fresh Tensions with North KoreaInvesting.com
Dollar still on the downside as sentiment wanes Read the full story

Dollar steadies ahead of US GDP data, bitcoin nears $11,000
Investors worried over a possible U.S. government shutdown after Democrats pulled out of a meeting with President Donald Trump.

BREXIT BREAKTHROUGH: Pound soars against the euro following reports divorce bill is agreed
Express
THE POUND has bounced back against the euro and the dollar following reports that the Brexit talks deadlock has finally been broken. News that UK and EU negotiators had finally agreed a divorce bill fee, reportedly between £40 and £49billion , saw the pound spike above €1.12 against the euro in just a few minutes – a rise of more than 1 per cent. Read the full story
Pound to euro exchange rate: GBP ‘storms higher’ against EUR ahead of Eurozone figures
Express
THE POUND has made ground on the euro for the second day in a row this week, ahead of Germany’s upcoming inflation figures announcement. Pound sterling looks positive this morning as it rises against the euro. It converts to €1.1281 according to figures available at 7:15am this morning. This is up from this time yesterday, when GBP converted to €1.1198. Read the full story

Forex - Aussie Little Changed, Kiwi Eedges Higher in Late Trade
Investing.com
Aussie holds steady, kiwi gains some ground vs. softer greenback Read the full story

Rupee opens lower against US dollar
Livemint
Mumbai: Indian rupee on Wednesday weakened marginally against US dollar in opening trade ahead of gross domestic product (GDP) data due on 30 NovemberRead the full story

Forex - PBOC Sets Yuan Parity At 6.6011 Against Dollar
Investing.com
Yuan parity Read the full story

Forex - Yen Weaker In Asia As North Korea Missile Test Rattles
Investing.com
Yen weaker in Asia Read the full story
 
 
USA/CANADA
These states spend the most on public welfare programs
Fox News
While Congress is moving full-steam ahead on tax reform, President Donald Trump said earlier this month that welfare reform will be one of the next big items on the White House agenda. Read the full story

Opinion: Maybe Powell can bridge the gap between what the Fed says and what the Fed does
MarketWatch
The incoming Fed chairman, Jerome Powell, isn’t an economist, and that may be what’s needed to bridge the gap between what the Fed says and what it does, writes Caroline Baum. Read the full story

For the first time since the end of the Cold War, Hawaii will test nuclear sirens
CNN
Facing threats from North Korea, the state will start monthly testing of a nuclear warning siren system aimed at alerting residents to an impending nuclear strike. Read the full story

Chances for government shutdown rising
The Hill
The odds of a government shutdown grew dramatically Tuesday as President Trump tweeted that he saw no path to a year-end deal with Democrats "Chuck and Nancy," who then promptly backed out of a meeting at the White House. Read the full story

EMERGING MARKETS
Local schools welcome Puerto Rican students impacted by hurricanes
News4Jax (WJXT)
Local school districts have welcomed hundreds of students from islands impacted by this summer's devastating hurricanes. They are providing resources that those children need to continue their education. Yarie Riz is one student who is trying to adjust to her new school. Her path to Lake Shore Middle School is unlike most of her classmates. Her home in Puerto Rico was destroyed by Hurricane Maria, so she left the island with her younger sister and grandparents. The 13-year-old and the school Read the full story

New data shows hurricane deaths in Puerto Rico could be 20 times higher than the government claims
Vox
Puerto Rican officials say only 55 people died from the storm. Researchers estimate more than 1,000 people did. Read the full story

Crime is so bad in Venezuela that even soldiers were ordered to avoid driving at night
Miami Herald
In crime-ridden Venezuela, the country's soldiers have been ordered to avoid traveling at night, using their cell phones in their cars and showing their military IDs. Read the full story

New Venezuela oil chief vows anti-corruption crusade
Reuters
Venezuela's new oil czar vowed on Tuesday to root out corruption in state oil company PDVSA in a combative two-minute speech during his inauguration, without offering clues as to how he plans to handle the company's crippling debt burden. Read the full story

Brazil struggles to help state dependent on Venezuela for power
Reuters
The Brazilian government is looking at all options, including large batteries, to help northern Roraima state with power supplies after a series of blackouts in recent months largely related to its dependency on cash-strapped neighbor Venezuela. Read the full story

Brazil receives $4.8 mn for protecting ozone layer
Social News XYZ
Rio de Janeiro, Nov 29 (IANS) The Brazilian government has received over $4.8 million for continuing their actions to protect the ozone layer, officials said. In a statement on Tuesday, the Ministry of Environment said that the money was agreed during recent meetings in Montreal, Canada, at which Brazil presented its actions to eliminate harmful... Read the full story
Brazil's threat to the global economic recovery - AEI
AEI
In today’s world of very easy central bank money, there would appear to be many instances of irrational exuberance in the emerging market economies. However, given its size and the considerable political risks that it faces next year, the emerging market country that could pose the greatest threat to the global economic recovery is Brazil, by far Latin America’s largest economy. US economic policymakers would ignore the Brazilian economic threat at their peril. Judging by the market’s favorable Read the full story

 
 
MIDDLE EAST

France's EDF to bid offer to build 2 two nuclear reactors in KSA – Reuters
Mubasher
Riyadh – Mubasher: France-based, EDF plans to participate in a tender to establish two nuclear reactors in Saudi Arabia, Reuters reported, citing two informed sources as saying. The French company also plans to participate in King Abdullah City … Read the full story

British PM May meets Iraqi PM Abadi in Baghdad
Reuters
British Prime Minister Theresa May met with her Iraqi counterpart Haider al-Abadi in Baghdad on Wednesday, Iraqi state television reported, her first visit to Iraq since coming to power last year. Read the full story


Theresa May arrives in Middle East to strengthen post-Brexit links with other trading partners
The Independent
Theresa May has arrived in the Middle East as part of her efforts to strengthen links with other trading partners as Brexit approaches. Read the full story
OPEC oil deal seen as test of Russia’s new friendship with Saudi Arabia
CNBC
The pair may have conflicting objectives for tomorrow's OPEC meeting. Read the full story

US sanctions on PMU puts Iraq in tough spot
Al-Monitor
The recent US sanctions against factions of the Shiite-dominated Popular Mobilization Units places the Iraqi government squarely in the middle of a tug of war between Iran and the United States. Read the full story

Israel and Saudi Arabia: New best friends in the Middle East? | Middle East | DW | 28.11.2017
DW
In mid-November, Gadi Eizenkot, the chief of general staff of Israel's defense forces, landed a media coup. He described, in broad terms, how he viewed his country's relations with Iran on one side and Saudi Arabia on the other. He did so in an interview with the Saudi Arabian website Elaph. Journalist Othman Al Omeir, who owns Elaph, also has very close ties to the Saudi newspaper Asharq Al-Awsat. That newspaper, in turn, is owned by the Saudi king. Thus, Eizenkot had pushed forth into the Read the full story

Michael Arrington launches $100 million cryptocurrency hedge fund
MarketWatch
Silicon Valley venture capitalist Michael Arrington is going all-in with cryptocurrencies, announcing Tuesday the launch of a $100 million hedge fund tied to a bitcoin rival. Read the full story

 
 
 
 
AFRICA
It's not clear whether China influenced Zimbabwe's coup, but it's very likely to benefit from it
Zimbabwe's new president, Emmerson Mnangagwa, is seen as a friendlier face to Beijing's commercial interests.

EU-Africa relations: A renewed partnership with Africa
The Parliament Magazine
Featuring comment and analysis from both European and African Union policymakers and timed to ensure its widespread distribution at the 5th African Union-European Union summit in Abidjan, we hope that this special Parliament Magazine supplement, produced in association with our partners at MediAction International, can contribute to the debate on the future EU-Africa relationship. Read more on: Facebook Twitter Website Read the full story

Africa Seeks Investment to Stem Migration as EU Summit Begins
Bloomberg
African migrants arrive at a naval base in Tripoli on Nov. 25. European and African leaders gathering in Ivory Coast have an opportunity to confront one of the biggest sore points between the two continents: migration. The two-day African Union-European Union summit begins Wednesdayas Europe is grappling to stem the biggest wave of asylum seekers since World War II, with more people arriving by sea from African countries this year than from war-torn Syria. Anxiety over migration has stoked Read the full story


Shoes, furs and hypocrisy: Why we love to hate despots' wives
BBC News
It's easy to condemn the wives of autocrats - but why do we expect more of them than their husbands? Read the full story
 
 
 
ASIA
North Korea boasts it can hit anywhere in the United States with its new missile
North Korean state media confirmed on Wednesday that the rogue nation's latest rocket launch was capable of hitting the U.S.


North Korea fires missile that shows it can hit 'everywhere in the world'
CNN
[Previous story, published at 10:44 p.m. ETRead the full story


China has 'grave concerns' about North Korea's latest missile test
China's Foreign Ministry has expressed what it called "grave concern and opposition" to North Korea's latest missile launch in an unusual rebuke of its neighbor and ally.


Stocks in China, Hong Kong continue to fade
MarketWatch
Chinese and Hong Kong stocks fell again after initial Wednesday morning gains, as investors in Asia largely shrugged off North Korea’s latest missile launch. Read the full story


EUROPE
Brexit Bulletin: Paying Up
Bloomberg
Britain has agreed to pay the Brexit divorce bill, clearing one of the biggest hurdles to a deal. Negotiators have secured an outline agreement, according to a person familiar with the situation, though it still needs to be put to national leaders, Ian Wishart and Nikos Chrysoloras report from Brussels. Those leaders have the final say on whether the improved offer is enough to unblock talks. The offer is expected to be formally presented by Prime Minister Theresa May on Monday when she meets Read the full story

Britain and EU make progress on Brexit divorce bill
CNN Money

Investors are cheering an apparent breakthrough in Brexit talks. But looming hurdles mean the champagne is best kept on ice. Read the full story

British government denies divorce-bill agreement: reports
MarketWatch

A U.K. government official said he did "not recognize this account of the negotiations" laid out in a previous report by The Telegraph, saying that a so-called Brexit-divorce bill had been agreed on by London and Brussels, according to Reuters. The British pound , which had rallied in response to the initial report, pared gains on the back of the news. One pound last bought $1.3344, up 0.2% from MondayRead the full story

Europe will pay a high price for Germany's paralysis
CNN

Germany's current political limbo is not a tragedy for Germany. Its stale democracy could use a good shaking up, which is exactly what's been happening since the national vote in September. Germans are once again talking politics and hashing out political differences. Read the full story

ECB warns of global market correction after excessive risk-taking
CNBC

The European Central Bank (ECB) warned Wednesday that despite the improved economic growth in the euro area there are concerns related to a sudden increase in volatility. Read the full story

In Eastern Europe, Populism Lives, Widening a Split in the E.U.
The New York Times

The populist wave that threatened to engulf Western Europe has largely stalled, but varied forms of populism in the east still threaten to infect the bloc. Read the full story
d
 
 
Blessed and Highly Favored
 
CBI Update:
 
CBI appears closed today for an announced Holiday
The CBI for Thursday 11/30/17 did update on the indicative rates Sell Rate 1184
The currency auction is 152,324,464
There is no news and announcements for Thursday 11/30/17
ISX Update:
ISX appears closed today for an announced Holiday
11/29/17
 
Change %
0.04%
 
Value Traded
10,451,033,763
 
Shares Traded
13,089,323,569
 
 
ISX ended in Green
 
 
Kauaihn Chatter
 
 
d
 
 
11-30-2017   Intel Guru RayRen98  In addition to that, the elusive speeches from last weekend are now public.  The first one was given, and there was some confusion about whether the RI was actually being put out there for public consumption, so there was a subsequent announcement.  Probably the transcripts will be available after we no longer need to see them! But that is darned good information especially with the other parts we cannot bring out at this moment. I have two dates that I’m very interested in:  November 30 and December 2.  I am waiting for further confirmations and details on those dates.   Do whatever you need to do to be ready because this is not a dress rehearsal, this is the real deal.   [post 2 of 2]
11-30-2017   Intel Guru RayRen98
   "The canary is starting to sing… next should be the Fat Lady?”  You all know the phrase, “It ain’t over til the Fat Lady sings”, and then it’s all over bar the shouting.  There is some intel I cannot share with you at this time, but in due time all will come to light.  The 2018 Budget has been sent to Parliament, and probably been approved with the rate of $3.63 cents in it.  Numbers have been modified from billions down to millions because of the rate adjustment.  We are waiting for it to be represented in the CBI now.  I believe there are some public articles referring to that rate of $3.63 re:  the Budget in Parliament.  We’ve been talking about a rate of $3.71, but they are working with $3.63, and it could bounce up.  We know the market will probably push it up...  [post 1 of 2....stay tuned]

11-30-2017   Newshound Guru G-Lin   One thing seems obvious to me and that is an involvement with W.B. and IMF like I've never seen before. And it is also obvious that Iraq is trying to move to an open economy. They must stop that insane auction in order to do that and have a currency change. That should be done for the investors. They are just chomping at the bit to enter Iraq with a vengeance. They want protection for their money from the corrupt. Iraq is moving at a pretty good pace here at the end of the year. All we can do is watch and see what Parl. and CBI will be able to accomplish. I think the corruption is the biggest enemy of Iraq, but IMF and W.B. are on it. That's encouraging.   [post 3 of 3]

11-30-2017   Newshound Guru G-Lin  There are many parts to this budget and they are trying to tie it all together which is not easy. The Kurdistan share is difficult to agree on. Abadi seems to be more interested in getting Barzani instead of the Maliki. Actually they both need to be brought to justice. I think the month of Dec. may be interesting. The budget may not make it parl. before Feb. I'm not sure yet. Remember the budget is retroactive so it really doesn't matter when they bring it out. Of course, we would like to see it open up on the first of the year, and it might.  [post 2 of 3....stay tuned]
11-29-2017   Newshound Guru G-Lin  Article:  "Tigris channel reveal details of the World Bank negotiations with Iraq on the corruption of the currency auction"  IMO the World Bank and IMF are very much involved with the preparation of this [2018] budget. It seems they are telling the Central Bank and the Gov. to stop the auctions. This contributes to the majority of the corruption in Iraq. It always has been an avenue for the whales {Maliki and Co.} among others, to control the black market through imports. I think the corruption is a target for W.B. and IMF. They are pushing Abadi to open up "Made in Iraq" legislature to move to an open market which will increase exports and contribute additional income for non-oil profits. This is mandatory for an increase in value of their currency imo.  [post 1 of 3....stay tuned]

11-29-2017   Newshound Guru Adam Montana
   There is some positive news to be discussed regarding the Dinar...I'm confident that I've done all I can do to prepare for a huge increase in the dinar, I'm very excited for it to happen...There is still a great opportunity for massive gains on the IQD...I know, it's crazy to think that the Dinar could ever go from it's current level to .10, $1, or higher...   but...We need HCL news. Period.
d
 
 
 
Elmer:
 
Not in today
 
Artmeister:
 
Wednesday, November 29, 2017, 4:37:22 PM CST
Subject: Dinar Update Wednesday PM

Summary: I haven’t heard that the funds have been released yet, but many signs that it is imminent are here.
This is the latest from Tank
C K:
"Peformance is Expected Now" - Intel Update from Tank 11-29-17
11/29/2017 02:05:00 PM Emailed, Intel, Tank, Update
Entry Submitted by Tank at 2:00 PM EST on November 29, 2017
TANK INTEL UPDATE 1:45 PM EST 11/29/2017
THE A-TEAM HAS COMPLETED ALL OF THEIR OBLIGATIONS AND HAS HANDED THE RESPONSIBILITY TO RELEASE THE 800#S OFF TO THE BANKS
THE BANKS ARE CURRENTLY IN CONTROL OF THE RELEASE -PENDING FLASH BANG
THERE WAS SOMETHING IMPORTANT THAT HAPPENED THAT ISN'T ENTIRELY CLEAR TO INITIATE THE "FLASH BANG" AT 1:00 PM EST
WE'VE BEEN TOLD SINCE LATE LAST NIGHT THAT "800#S ARE IN TRANSIT"
BASED ON THE FACT THAT WE DON'T HAVE THE NUMBERS WE BELIEVE "TRANSIT" MUST BE AN UNDER WATER BASE ON MARS (THAT WAS A JOKE)
THE ZIM AND DINAR VALUE DAYS WERE SUPPOSED TO BE YESTERDAY
THE NEW VALUE DAY IS TODAY BUT WAS COMPLETED LAST NIGHT AND THE ZIM AND DINAR ARE LIVE IN THE SYSTEM RIGHT NOW
TODAY IS THE DAY THAT EXCHANGES HAVE TO BEGIN
THERE WAS LEGAL ACTION THAT TOOK PLACE THIS WEEK IN THE FEDERAL COURTS THAT SETS THE PRECEDENT FOR ALL OF US THAT THE BANKS CAN NO LONGER HOLD OUR MONEY WITHOUT GIVING US ACCESS
PERFORMANCE IS EXPECTED NOW
FAILURE TO PERFORM BY THE BANKS WILL RESULT IN ACTIONS THAT REFLECT THE DISGUST AND ANGER OF THE PEOPLE FOR BEING HELD HOSTAGE INSIDE OF A CORRUPT SYSTEM.
TANK OUT
#IAMYOU
RV/INTELLIGENCE ALERT - November 29, 2017
THE APTB/NPTB CONTINUE TO RUN QUANTUM SIMULATIONS UNTIL ALL MAJOR THREATS HAVE BEEN ELIMINATED.
BOTH MERKEL AND NETANYAHU THREATS ARE BEING HANDLED.
PUTIN IS ARRANGING A SECRET DEAL BETWEEN ASSAD AND NETANYHU.
THIS "SECRET DEAL" CONTAINS THE TERMS OF NETANYAHU'S SURRENDER.
MERKEL IS SYSTEMATICALLY LOSING CONTROL OVER GERMANY.
IT IS ALL DELIBERATELY SET UP BY THE NPTB TO FORCE MERKEL INTO TERMS OF SURRENDER OR RESIGN.
THE QUANTUM SIMULATIONS HAVE GIVEN THE APTB/NPTB THE OPPORTUNITY TO STAY ONE STEP AHEAD OF THE CABAL AT ALL TIMES.
THE QUANTUM SIMULATIONS HAVE PREVENTED MULTIPLE "9/11's" FROM EVER HAPPENING AGAIN.
IF THE GALACTIC'S HAD NOT GIVEN US THE TECHNOLOGY TO BUILD THIS QUANTUM COMPUTER, WHERE WOULD WE BE TODAY?
THE ELDERS HAVE AUTHORIZATION TO OVERRIDE THE QUANTUM COMPUTERS AT ANY TIME TO RELEASE THE RV.
THE QUANTUM SIMULATIONS DO NOT DICTATE THE FATE OF HUMANITY.
THE APTB/NPTB HAVE AGREED TO A SUCCESS RATE REQUIREMENT OF 95.9%.
SUFFERING WILL CONTINUE, THERE'S NO EXCUSE FOR THAT. BUT THIS IS THE WAY IT HAS TO BE TO SECURE HUMANITY'S FUTURE.
TWO THREATS REMAIN AS OF THIS MOMENT AND BOTH ARE BEING HANDLED ACCORDINGLY.
UNTIL THEN, THE FATE OF THE RV WILL REMAIN IN THE HANDS OF THE QUANTUM COMPUTER.
JJ: DS Dave Schmidt seems to strongly imply, altho he does nt come right out and say it
that a or some sell side paymasters are in receipt of funds
according to DS, one was able to purchase a new a new vehicle, and another was able o get a letter from the bank so the paymaster could purchase some RE real estate
we are sell side
Regulators edge closer to deal on global bank capital rules
BUSINESS NEWS - NOVEMBER 24, 2017
LONDON (Reuters) - The oversight body for global banking regulators said on Friday it will meet on Dec. 7, in the clearest sign yet that a deal on completing post-financial crisis capital rules is finally on the cards.
France has been a key holdout for completing the Basel III rules, and people familiar with the negotiations have said the oversight body would not meet unless a deal has been informally agreed.
The oversight body, known as the Group of Governors and Heads of Supervision (GHOS), is chaired by Mario Draghi, president of the European Central Bank.
4,289 sealed indictments filed in past 3 weeks
From October 30 through November 22, 2017, there are 4,289 sealed indictments filed in past 3 weeks in all 94 federal District Court Districts in the United States. This is utterly unprecedented in US history.The "normal" is 1000 in 12 months.
Skuttlebutt from my former colleagues in the Intel Community is that the feds are going to "swoop" all of them in one massive action, to "drain the swamp."This is a developing story . . . check back for further details Tuesday Morning.
UPDATE:There are many reason a case may initially be "sealed." From it being a Minor charged with a first-time possession of minor drugs, to a Civil Case where trade secrets are involved, there are legitimate reasons for a case to show up on federal dockets as "Sealed." Historically, however, the overwhelming majority deal with Indictments that a Defendant DOES NOT KNOW ABOUT, and they keep it secret until he/she is arrested.Here is a federal ANALYSIS of how and why cases may be "SEALED" -- a primer on the additional details to come from all 94 federal district courts. . .
UPDATE - TUESDAY 11-28-2017At the link below is the PROOF, taken directly from United States District Court computers via the Public Access to Court Electronic Records (PACER.gov) system, which is the automated filing system for ALL United States federal courts.These official court records show that between October 30 and November 22, 2017, a grand total of 4,289 SEALED Indictments/Cases now have docket Numbers from various federal courts. This has NEVER happened before. Yes, there have been occasional SEALED cases- maybe three or four per District. It was previously considered "unusual" to have five or six such sealed cases. Now, in some Districts, there are several HUNDRED such sealed cases, all filed between October 30 and November 22, 2017 ----- about three weeks!
SKUTTLEBUTT:Many of these are Indictments for Child Porn and Child Sex Crimes allegedly perpetrated by elected government officials at the federal, state, county and even local levels!!!!!While I do not know the nature or the names of Defendants of ANY of these SEALED Cases, SPECULATION (i.e. skuttlebutt / gossip / perhaps some inside info) in the Intelligence Community from my former colleagues on the FBI Joint Terrorism Task Force and elsewhere, is that much of this has to do with SEX CRIMES uncovered by the Search Warrant for former US Congressman Anthony Weiner's laptop computer!
That search warrant (Shown below) ALLEGEDLY led law enforcement to a virtual treasure trove of kiddie porn pics- and child trafficking rings in the US and other countries, and investigators needed many months to build all these cases. The files I am releasing today are the downloaded files from federal courts showing the public court Dockets in all 94 federal districts. The link below will get you to a Google-Drive that I have set up to be accessed by the Public.The one main file is a .ZIP file named Pacer_2017.11.22-20171128T141642Z-001.zip and within it are 94 separate Court Dockets from each of the 94 federal "Districts" in the USA. They are named by state name abbreviation. So, for instance, the Southern District of New York would be "NY-S" while the Eastern District of New York would be "NY-E."These files were taken directly from the federal court system computers via a lawful manner. None of this involved any shenanigans or dubious actions by anyone, so all of it is perfectly lawful for you to download and look at. 
I spoke to a former Assistant United States Attorney in New York City regarding this story while I was developing it. According to him, in the past, if the government had an Indictment against a "big fish" they didn't wait very long at all to grab him and make a big public spectacle. His exact words were "They are not respecters of people." While that may have been the method IN THE PAST, there's a new Sheriff in town: Donald J. Trump. And if the skuttlebutt is correct, it may have been decided to keep this under wraps longer -- until they get Indictments against ALL the big fish -- so that once they move to grab some of these folks, the others won't find out about it fast enough to flee.My gut tells me, many of these Indictments will be unsealed BEFORE CHRISTMAS and a lot of very high profile people are in for a very nasty holiday season.Here is the link to the filesSource: Hal Turner Radio Show
**********
y
 

Catnip:
 
 
***************
ARTICLE 1-A (from PM Abadi's website; posted on both Arabic and English sides)

30 November 2017

We confirm that the order of the Prime Minister Dr. Haider Abadi regarding the Najaf airport and the dissolution of its board of directors and the assumption of the authority of the Civil Aviation Administration and operation process is still in force and has not been changed, and what has been reported otherwise and not true.
We note that airports are border ports subject to the federal authority and not local.
Media Office of the Prime Minister
30 November 2017

***************
ARTICLE 1-B (from PM Abadi's website; posted on both Arabic and English sides)

Prime Minister Dr. Haider Abadi Receives British Prime Minister Theresa May

29 November 2017

Prime Minister Dr. Haider Abadi, Prime Minister of the United Kingdom, Mrs. Teresa Mai.

He welcomed British Prime Minister Theresa May, who arrived in Baghdad on Wednesday for an official visit, where she received an official reception.

During the meeting, they discussed enhancing the bilateral relations between the two countries, efforts to restore stability, economic cooperation and the situation in the region.

Dr. Haider al-Abbadi welcomed the British Prime Minister on her first visit to Iraq, her presence today and her support for the development of cooperative relations and the desire to increase this cooperation.

The British-Iraqi relations are witnessing a clear development. We thank the British government's support for Iraq in all fields, especially cooperation against terrorism, air cover, intelligence, stability, repatriation and human rights, he said. Between the two countries and the two peoples, expanding cooperation and coordination and emphasizing the unity and stability of Iraq.

He added that we have succeeded in the sacrifices of our people and the courage of our heroic forces of the army, police and popular and tribal mobilization to liberate all the Iraqi cities and defeat the preacher, and that Iraq is on the stage of construction, reconstruction and investment, and we discussed the contribution of British companies and activating trade and economic cooperation between the two countries.

For her part, British Prime Minister praised the Iraqi forces and said: "We will continue to support Iraq as a partner to extend security, construction and stability, and training of Iraqi forces, and we have allocated amounts
To support the Iraqi forces and efforts to restore the displaced and restore stability, and we affirm our support for Iraq's reforms.

Mrs. Teresa Mae confirmed her support for the unity of Iraq and the call for the Kurdistan region to respect a unified Iraq and encourage dialogue.

The British prime minister said her country looks forward to continuing relations with Iraq in all fields.
Media Office of the Prime Minister
29 November 2017

*************
ARTICLE 2

Government of Iraq tweet; posted 11-30-2017, around 3:20 am Eastern

The @IraqiGovt and the UK worked closely to bring forward resolution 2379, unanimously adopted by UN Security Council to hold Daesh accountable for war crimes and grave human rights violations in Iraq

Government of Iraq tweet; posted 11-30-2017, around 5:00 am Eastern
Iraq and the UK work closely across a wide range of shared priorities, and are developing frameworks for strengthening the strategic partnership between the two countries

*************
ARTICLE 3

Parliament receives the budget of 2018 and revealed important details about it
2017/11/29 20:09
[Ayna-Baghdad]
The Office of the Speaker of the House of Representatives Salim al-Jubouri, the draft federal budget law for the year 2018.
A member of the parliamentary finance committee, Majida al-Tamimi, in a statement received by the agency all of Iraq [where] a copy of it, "the continuation of the work of the House of Representatives on an exceptional basis to vote on the budget of 2018."
"She made a call Wednesday morning to the Minister of Finance and the agency to confirm the need to send the budget today, delayed delivery for a month and a half on the date set in accordance with the law of financial management and public debt."
Tamimi added that "actually received the budget of 2018 by the Office of the President of the House of Representatives after the end of official working hours was set on Saturday to read the draft budget first reading in an extraordinary session because of the end of the legislative term and the extension period specified month.
And stressed "the need to continue the work of the House of Representatives on an exceptional basis until the vote on the budget in 2018."
Tamimi pointed out that "the proportion of employees' salaries was equivalent to the deduction rate in 2017 by 3.8% with a reduction of the share of the region to 12.67% and set the price of $ 46 per barrel of oil."

*************
ARTICLE 4

Jubouri: All Iraqis are working to get rid of the past and promote reconciliation
2017/11/29 23:43
[Ayna-Baghdad]
Speaker of the House of Representatives Saleem al-Jubouri said Wednesday that all Iraqis are working to salvage the effects of the past phase, clean up the atmosphere and promote community reconciliation.
"Our celebrations coincide with the celebration of the birth of the pride of the beings of our master Muhammad, peace and blessings be upon him, with the celebrations of our people for the liberation of the people, the victory over terrorism and the safe return of many of our displaced people," Jubouri said during the ceremony.
The President of the House of Representatives, "The approach of justice, which was drawn up and founded by the Prophet of the nation a straight path in the consolidation of the principle of equity and right and fight corruption and prevent the favoritism of the strong at the expense of the weak will be settled life and moderate, and when the rule of law selective selects the weak and excludes the powerful and influential, will lead this warp The state system to collapse and end as the countries of injustice ended to destruction and destruction. "

*************
ARTICLE 5

Jaafari arrives in Rome on his third overseas visit this month
2017/11/30 12:07
[Ayna-Baghdad]
Iraqi Foreign Minister Ibrahim al-Jaafari arrived in Rome to participate in the Mediterranean Dialogue Forum (Rome-Med 2017) under the auspices of the Italian Institute for International Policy Studies (ISPI).
"It is hoped that during the forum, regional challenges and coordination will be put forward to eliminate terrorism, restore security and stability and overcome current crises," a statement from his office said.
"He is expected to meet on the sidelines of the conference a number of ministers and officials in the framework of strengthening relations, the exchange of common interests, and face common risks."
Jaafari's visit to Rome is his third overseas visit this month, where he visited Qatar on November 7 and visited Romania on July 23 and is now in Rome.

*************
ARTICLE 6

National Alliance: The Minister of Electricity can no longer be questioned for the end of the legislative term

BAGHDAD, Nov 30 (KUNA) - The National Alliance announced on Thursday that it would not be possible to resume the questioning of the electricity minister, Qasim al-Fahdawi, in the coming sessions as emergency sessions will be allocated to pass election laws and the budget. In 31/12 "
*************
ARTICLE 7

Joint operations illustrate the move of US troops to Kirkuk
2017/11/30 9:04
[Ayna-Baghdad]
The Joint Operations Command issued a clarification on the news of US forces moving into Kirkuk province.
"Some media outlets have quoted sources in the Kurdistan region as saying that US forces have moved to Kirkuk," a statement by the Iraqi media said.
"While this report is totally denied, the Joint Operations Command confirms that there is no increase in coalition forces, neither in Kirkuk nor in the rest of Iraq," the statement said.
"The responsibility of the security of Kirkuk is a national responsibility of Iraq, the hands of the federal forces and the Kirkuk police, and the tasks of the international coalition are defined by training, consultation and logistical support," he said.