Wednesday, December 6, 2017

Word on the Street Wednesday 12/6//17

Word on the Street Wednesday 12/6//17







Tuesday LATE NITE UDATE for December 5, 2017
PM Abadi on Iraqi TV stating the time has come to activate Article 140 and referenced things that need to take place for economic reforms to complete.
The Central Bank has announced a tender for the printing of new banknotes....particularly SMALL NOTES [Either this is a new batch of lower denoms or maybe they are making it seem as if this is the first time printing such notes? When will they be released?] #wearethepeople


Word on the Street Wednesday 12/6/17:
 
 
Forex Rates
 
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,166.7000  1,217.5000 1,171.0000 1,166.7000 1,171.0000  -4.3000 07:09
 USD/VND  22,681.5000  22,751.5000 22,681.5000 22,466.0000 22,466.0000  215.5000 07:09
 USD/CNY  6.6139  6.6159 6.6190 6.6048 6.6172  -0.0033 07:09
 USD/KWD  0.3009  0.3029 0.3016 0.3008 0.3016  -0.0007 04:16
 GBP/USD  1.3365  1.3369 1.3436 1.3359 1.3417  -0.0052 07:09
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  13,536.0000  13,550.0000 13,549.0000 13,512.0000 13,519.0000  17.0000 07:07
 
 
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Tish:The Central Bank strengthens banks in local currencies of small groups

https://www.alghadpress.com/news/%D8%A7%D9%87%D9%85-%D8%A7%D8%AE%D8%A8%D8%A7%D8%B1-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%88%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85/131984/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%8A%D8%B9%D8%B2%D8%B2-%D8%A7%D9%84%D9%85%D8%B5%D8%A7%D8%B1%D9%81-%D8%A8%D8%B9%D9%85%D9%84%D8%A7%D8%AA-%D9%85%D8%AD%D9%84%D9%8A%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D9%81%D8%A6%D8%A7%D8%AA

05/12/2017  Baghdad / Al Ghad Press
The Central Bank of Iraq called for the need to preserve the local currency, pointing to the strengthening of local banks in local currencies of small groups A source from the Central Bank of "Al-Ghad Press", said on Tuesday that "the bank calls for the preservation of the local currency and the strengthening of banks with small groups of local currency," pointing out that "the printing of the Iraqi currency and replace them cost amounts," calling on citizens to maintain and maintain Bank notes when trading

He revealed that "the Central Bank has announced a tender for the printing of new banknotes (small categories) at the international printing companies." 
The source said that "the Central Bank to pay cash from small groups to government banks and private banks have been distributed amounts given to banks during the month of November last year of the current (554,000,000) dinars (one hundred and fifty-four million dinars) category 1000 dinars and the amount of (202,500,000) Dinars (two hundred and two million five hundred thousand dinars) category of 500 dinars, "adding that" the Central Bank of Iraq pays to the Rafidain and Rashid Bank an amount of not less than (200 million) dinars (two hundred million dinars to change) in almost every withdrawal of its own assets.
 
DC NY Iraq Articles:dddd
 
 
SELEMAN: Washington is worried about oil contracts concluded by the Kurdistan region
06/12/2017 12:00 am
 
Affirmed his country's support for a unified Iraq in all fields 
Baghdad / Al-Sabah 
The US ambassador to Baghdad expressed his country's concern about the oil contracts concluded by Kurdistan with individual companies, reiterating the continued support for Iraq in all fields, especially in the fight against corruption, pointing out that Washington has great confidence in the ability of Iraqi forces to overcome the post-urging. 
In a press conference held Tuesday at the US Embassy in Baghdad, Ambassador Douglas Silliman said sales of crude oil and oil contracts concluded by the Iraqi oil ministry with international companies had a high degree of transparency. However, he expressed concern "about oil contracts signed by the provincial government and individual companies "He said. He added that "Washington supports the government of a unified Kurdistan and without differences within the Kurdish house," in addition to seeking to "bring the views of the parties and maintain a strong Kurdish government unified between the parties within the Iraqi constitution and a unified federal Iraq."
The origin of the renewed old dispute between the governments of Baghdad and Erbil to the oil contracts concluded by the province, which Baghdad considers illegal, while the region says it is based on the Iraqi constitution and bilateral agreements with the federal government.
He added: "We are in the process of providing a new grant to Iraq in cooperation with the development program worth 150 million dollars to build schools and health centers and sanitation projects." He recalled: America is the largest donor to Iraq and we have previously provided 1.7 billion dollars in humanitarian aid, and trained Iraqi forces to hold the ground In the liberated areas. We also provided $ 112 million for clearing mines and unexploded ordnance, as well as $ 115 million through the development program. " Sileman noted that there is still a lot of Iraq in the post-urging, especially in the issue of displaced people, which require an environment conducive to their return voluntarily and not forcibly. "He noted that Washington has great confidence in the ability of Iraqi forces to overcome the post-urging, 70 countries supported Iraq to eliminate the organization calling.
Sileman also said that his country calls for community reconciliation in Iraq instead of fanaticism. "Washington is aware that tribes in Anbar and Mosul are expelling families whose sons belong to a sympathetic organization and will provide support to community organizations and the Iraqi government to resolve these problems," he said.
On the dispatch of US troops to Kirkuk, Silliman explained that the coalition forces are present in Kirkuk, and that what happened recently is the movement and transfer of some military equipment to and from the military bases of the coalition in Kirkuk only. "There has been a joint US-Iraqi investigation into the compensation of the F-16, which fell during the training in the US territory, killing two Iraqi pilots."
"We support any Iraqi efforts to fight and reduce corruption, and the embassy is working closely with the Office of Economic Reform in the Prime Minister's Office to reduce corruption and find controls on its methods," the US ambassador told the news conference.
"We are working with the World Bank and the Iraqi government to hold conferences to encourage American and international investors," he said. "There is a conference in support of Iraq that will be held in Kuwait later

Parliamentary agriculture calls for resolving differences in the dues of farmers before the end of the fiscal year

 
Editorial date: 2017/12/6 11:05 • 67 times read
 
The head of the Committee on Agriculture, Water and Marshlands MP Frat Tamimi, Prime Minister Haider Abadi and Minister of Trade and Salman Jumaili agency to resolve the differences and agree on a formula for the distribution of dues of farmers, which launched about a month ago.
Tamimi said in a statement that "the continuation of disputes with the close of the end of the fiscal year means to return to square one and return the funds to the treasury of the Ministry of Finance."
Tamimi said that "there is an amount was removed by the Ministry of Commerce for about a month as a dues to farmers for the crops that were marketed for the years (2014-2016), noting that" the amount of 829 billion dinars has not been distributed to farmers until the moment as a result of the lack of agreement between the Minister Trade and the Prime Minister on the mechanism of distribution of those amounts among the peasants. "
He added that "this delay makes us lose credibility to the peasants after receiving promises to release their dues from the date of release of the amounts," pointing out that "delay of exchange with the end of the financial year means its return to the treasury of the Ministry of Finance, which makes us go back to square one.
Al-Tamimi stressed that "the farmers are in dire need to pay these dues to provide the necessary needs for them to complete their agricultural work and provide their families' livelihoods, calling for" resolving the differences and finding an appropriate formula as soon as possible and release those amounts before the end of the financial year and return the amounts.
 

Customs achieve revenues up to trillion and 14 billion dinars until 31/10/2017

 
 
06-12-2017 01:56 PM
 
The General Customs Authority announced on Wednesday that its revenues for the current year will rise to trillion and 14 billion dinars until 31/10/2017 after revenues were estimated at 559 billion dinars last year, expected to reach revenues to trillion and 200 billion dinars by the end of this year .

"The increase in revenues is more than double and the number achieved is the first in the history of the Authority and reflects the success of the new procedures, especially after the application of the Tariff Law in January 2016," said Munther Abdul Amir Asad Haider.

"This revenue boom has been achieved despite the decrease in the volume of imports and the poor financial situation of the country. This is evidence of the efficiency of collection compared to last year," Haidar said, noting that the statistics in the department of planning and follow-up in the department confirm these figures and their susceptibility to increase.

"Among the measures that helped to increase the volume of imports start to activate the anti-corruption file and work on the principle of punishing the abuser and accounting negligence and reconsider the efficiency and distribution of workers at the level of border customs centers.""

Re-running the water project in Kirkuk
 
 
06/12/2017 12:00 am 
Efforts to deliver water to the people of Hawija 
Karkuk Nahda Ali 
The Water Directorate of Kirkuk continues its efforts to deliver potable water to Hawija district and its suburbs, while the operation of the Zab water project has been completed. 
The assistant director of water Kirkuk Jihan Ibrahim for "morning" that the engineering and technical staff of the Directorate intensified efforts to restore the pumping of water to the district and Hawija and its angles through the formation of a technical committee composed of engineers specialists to conduct full examinations and technical detection of the shortcomings as a result of theft by gangs " He called on the "terrorist" and the malfunctions that hit the water supply projects in Al-Asala in order to submit them to the reconstruction committee to allocate the necessary funds and set up the technical plan to fix them.
She explained that the technicians in the Directorate continue with high efforts and exceptional circumstances to work now after the provision of 300 million dinars to repair some faults and defects in the pumps and the provision of transformers and rehabilitation of others to run the project of the old water, which has a capacity of 400 cubic meters and is to be completed and pumping water through this week .
The water project of the new Hawijah suffered significant damage according to detection and tests and needs more time to repair and return water pumping, noting that UNICEF provided pumps 50 cubic meters in Hawija to distribute water between the villages through the cars as a quick and quick solution.
She pointed out that the Directorate is also working in coordination with the Ministry of Construction and Public Municipalities in order to restore the work on the project of water in the unified Kirkuk during the next period after the allocation of funds for rehabilitation, and will be completed Water projects in Kasbah al-Bashir and the Taza water project, which is being carried out in cooperation with international organizations.

Higher judiciary: corrupt persons who were included in the amnesty and legislation are still fined in dinars

 
Editorial date:: 2017/12/6 13:28 • 47 times read
 
{Baghdad: Al Furat News} The Supreme Judicial Council revealed the inclusion of corrupt the amnesty law, among the legislation of the Iraqi is still fined dinars.
A statement issued by the Judicial Council received by the agency {Euphrates News} copy today of his spokesman, Judge Abdul Sattar Birekdar said in a press interview to "the need for the country to modernize the legislation enacted in previous decades, while on the other hand that the recent amnesty law allowed Fasdin drop Of punishment ".
On the amnesty law, Birkdar explained that "the provisions of the amnesty law and accompanying negative aspects were referred to by the judiciary before they were issued through a meeting between the president and the members of the Federal Court of Cassation with the Legal Committee in the House of Representatives, but the law passed and was voted on Despite the negatives in it and the judiciary is bound to implement the law after its entry into force. "
He added that "some of the corrupt have been convicted of judicial decisions and issued penal sentences against them according to the law, but they included the law of amnesty, which was legislated by the House of Representatives."
"The Iraqi Penal Code No. 111 of 1969, for example, started half a century ago, and the social, administrative and political system differed from what exists today, and many legal and penal texts do not fit in or differ from what happened 50 years ago. This amount was fifty years ago, the value of a property in the highest areas of Baghdad, while the value of a cup of tea is not currently equal to the provisions of the Iraqi Penal Code unfortunately and the judge is obliged to judge because there is no other punitive text. is over
d

The madness of "Betcuen" makes it larger than the economies of the giant countries and banks

In the economy of December 5, 2017 comments on the madness of "Petcavin" makes it larger than the economies of countries and giant banks closed 21 visits
Baghdad / SNG
The madness of " Which has suddenly hit the world in recent weeks with unprecedented inflation in the exchange rate of this electronic currency to reach record highs with the escalation of warnings that a bubble could collapse at any moment, while the market value of "Petequin" is greater than Economies of entire countries and larger than the wealth of billionaires in the world thanks to the recent jumps
The currency of the electronic "encrypted" electronic record recorded rocket rise over the past days to rise from the level of 11 thousand and 500 dollars, so that has increased during the current year by more than one thousand percent, a fictional rate has never seen the world before any of the traditional currencies or commodities traded In global stock exchanges.
The market value of the online currency of the world-wide Petequin has exceeded $ 190 billion, according to the website of Queen Mark Market, which monitors e-currency traffic.
While KFH continues its rocket rise in the world, a Bloomberg report has made a rare comparison between the market value of this encoded virtual currency and the economies of entire countries, showing that the volume of the currency in circulation in the world exceeds today the size of the country's GDP New Zealand, with a total economy of just $ 185 billion, according to the latest data released by the New Zealand The World Bank, which means that New Zealand's gross domestic product is less than the size of the world's PeteCwin by about $ 5 billion.
Bloomberg says that KFH has also become the largest economy of the entire country, the economy of Hungary and many of the world's economies.
Apart from comparisons with countries, the encrypted currency of the "Petcavin" market value today exceeds the largest banks in the world, with the market value of the bank, "Goldman Sachs" American $ 97 billion only, and the bank, "UBS" Swiss, which takes the city Zurich with a total market capitalization of only $ 67 billion, which means that "Petequin" is larger than the two alone and together, even though they are one of the largest and most important banks in the universe!
Pitcairn also outperforms Boeing, the world's largest US aircraft manufacturer with a market cap of just $ 162 billion, which describes itself as the world's largest aircraft producer and employs more than 140,000 people in more than 65 countries. . The rival company Airbus also has a market value of $ 78 billion, which means that KFH is bigger than the world's aircraft giants.
With the astronomical market value that Petcuen has become, it is also clear that it outperforms the richest of the world's richest. The founder of Amazon, Jeff Bezos, who has become the wealthiest man in the world, has recently made his fortune at $ 100 billion. The world's richest people - Bill Gates and Warren Buffett - have a wealth of only $ 90 billion and a fortune of $ 83 billion, Betcuen "is larger than the two notes combined.
It is noteworthy that "Betcuain" is the most popular electronic currency encrypted, but it is not the only in the world, where there are many currencies traded on the Internet and using the same technology, while recording the "Petequin" these increases in the price despite the problems and obstacles encountered in some countries Which it has prohibited as being possible for illicit activities such as money-laundering.
d
 
 
Kauaihn Iraq Articles:

Swedish Foreign Minister: Baghdad and Erbil should start dialogue

Swedish Foreign Minister Margot Wallstrom said it was necessary to rebuild the political system in Iraq, while urging both Baghdad and Erbil to start a comprehensive dialogue to resolve all differences between the parties.
The relationship between Arbil and Baghdad has been aggravated by the problems accumulated over the past years and the marginalization of Baghdad to the Constitution, which led to the eruption of the current crisis between the two sides after the historic referendum on independence from Iraq conducted by the Kurdistan Region in September and was supported by 92.73% of the participants, Responded to the referendum with unwarranted violence and punitive measures.
"It is necessary to rebuild the political system in Iraq," Wahlström said in a statement to Kurdistan 24 channel from Belgium, which was read on the sidelines of a meeting of European foreign ministers and US Secretary of State.
The Swedish minister urged the governments of the Kurdistan region and Baghdad to start negotiations immediately between the two sides to resolve all the issues of disagreement between them.
And calls on the leaders of the Kurdistan Region to renounce violence and start a dialogue to resolve all the outstanding differences between Arbil and Baghdad, but the Iraqi government has not shown any response so far and did not take practical steps in this direction.

Moscow: Agree with Baghdad on Iraqi Kurdistan

Globallookpress
Russian Energy Minister Alexander Novak
The Russian Energy Minister, Alexander Novak, that the companies "Gazprom Oil" and "Lukoil" do not face any obstacles in the Kurdistan region of Iraq.
"In this case, we do not see any problems. Gazprom Oil and Lukoil have their important projects on Iraqi soil," Novak said in a televised interview on Wednesday.
Novak added: "Gazprom has two projects on the territory of the Kurdistan region of Iraq, Shakal and (Garmian), which started the Russian company long before the start of the current conflict, so far there are no objections from the Iraqi side on the continuation of the implementation of these Projects, I think we agree with the Iraqi government. "
On the amendment of the contract "Badra" oil project in Iraq, Novak said that "Gazprom Oil" has formed with the Iraqi Ministry of Energy a team of experts for this purpose.
"The need for amendments to the contract because it occurred before the geological exploration, which showed a higher than expected cost, and the Iraqi side is well aware of this and works to find a mutually satisfactory solution."
Source: Russian agencies
Nadezhda Aniotina
.

Monopoly over digital economy threatens regional states: Minister

http://www.irna.ir/en/News/82754293
Baku, Dec 6, IRNA – Minister of Information and Communications Technology Mohammad Javad Azari-Jahromi said on Tuesday that regional countries are facing the threat of monopolized economies in the field of high-tech industry.
He made the remarks at the end of the Second Meeting of Information Technology ministers of Economic Cooperation Organization (ECO) member states held in Baku on Tuesday.

'ECO member states can share their markets to create a greater market to confront the monopoly held by certain states to some extent,' he said.

'The way to counter the threat is to promote regional markets against the monopolies,' he said.

Underlining importance of regional collaboration for Iran, he said that Iran and other ECO member states can get access to the big regional markets and take advantage of the great capacity with regional cooperation.

Jahromi further noted that during meetings with Azeri president and Russian, Turkish ministers, they called for mutual collaboration, as the digital economy will constitute major section of world’s future economy and all seek their shares.

The Iranian minister arrived in Baku on Tuesday morning to attend the second IT ministers of ECO member states. The event was also attended by communications ministers of Turkey and Azerbaijan Republic.

ECO which is an inter-governmental organization was established in 1985 and has ten member-states including Iran, Azerbaijan Republic, Turkey, Afghanistan, Pakistan, Tajikistan, Kyrgyzstan, Kazakhstan, Uzbekistan and Turkmenistan.
Baghdad / Al-Ghad Press:
Vice President Iyad Allawi on Wednesday criticized the United States decision to move its embassy to Jerusalem, calling on Washington to enhance the chance of peace instead of adopting positions leading to the conflict.
Allawi expressed his "full solidarity with the position of the Palestinian leadership and people and the Arab, Islamic and international positions that reject the transfer of the US embassy to Jerusalem."
 
It is better for the United States to work to promote the chances of a comprehensive and just peace in the Middle East, away from this step, which could disrupt the peace process," he said.
He called on the United Nations and the international community to "intervene urgently and adopt a position rejecting that step," warning of "negative repercussions on the future of peace in the region.
 
US State Department spokeswoman Heather Naewert said her country had not received an Iraqi request to mediate in the crisis between Baghdad and Arbil.
"Washington is constantly urging the Iraqi governments and the Kurdistan region to resolve their differences through dialogue and peaceful means," she told a news conference.
The United States says it will not mediate between Baghdad and Erbil to resolve their differences unless it receives a formal request.
"Nauret, which was responding to a question to the correspondent of Kurdistan 24 channel," Baghdad has not called the United States so far to intervene in resolving the current crisis between them and the Kurdistan region. "
An unprecedented crisis broke out between Baghdad and Erbil since the province of Kurdistan held a referendum in September last year enjoyed the support of the vast majority of independence from Iraq.
The leaders of the Kurds constantly emphasize the desire of the Kurdistan Region to start comprehensive negotiations with the Iraqi government on all files, as well as their desire to involve international bodies as a third party, but any real negotiations have not been held so far between the two sides.
Iraqi Prime Minister Haidar al-Abadi said on Tuesday that he welcomed the dialogue with the Kurdistan Regional Government, but pointed to a number of issues that he said the regional government to resolve before the start of negotiations, in what observers consider to escape from Baghdad to engage in talks with Erbil.
After the referendum on days imposed by the Iraqi government a series of punitive measures on the province of Kurdistan, banned international aviation in the airports of the region and imposed financial restrictions and took control of most of the disputed areas, including Kirkuk and Tuzkhurmatu adjacent to the attack of Iranian backed popular militia groups on these areas.
And between Arbil and Baghdad, a history full of differences accumulated for years, especially those related to energy and budget and disputed territories, as well as other controversial issues remained outstanding between the two sides because of the marginalization of the Constitution by Baghdad and violated more than 50 articles in it, as confirmed officials Cord of the Kurdistan Region.

Gazprom launches new project in Badra field

06-12-2017 02:07 PM 
Russian oil company Gazprom Oil is set to launch gas infrastructure for Iraq's Badra oil project in the presence of Russian Prime Minister Alexander Novak and Iraqi President Jabbar al-Luaibi.

This infrastructure will allow the use of dry gas in the electricity supply to the people of several provinces in Iraq. The gas processing facility in the project will reach about 1.6 billion cubic meters annually. The reserves of the Badra field are estimated at 3 billion barrels of crude oil.

Gazprom Petroleum also built a 100 km gas pipeline with its partners.

Gazprom Petroleum, the oil arm of the Russian gas giant 'Gazprom' exploration and extraction in the field of Badra with partners of the international coalition 'consortium', the Russian company's share is 30%, while the share of the company 'Kogaz' Korean 22.5%.

The Malaysian company Petronas owns 15 per cent, the Turkish company TPAO 7.5 per cent and the Oil Exploration Company 25 per cent. The investment period is 20 years with an extension of five years.
 
 
Kauaihn Economic Times:
 
ECONOMIC TIMES / CHATTER

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GLOBAL/NEWS/INFO


5 strategies to beat procrastination
Sometimes you should just give in.

How these 5 strategies helped Jay-Z build an $800 million empire
Some crucial choices could eventually make the artist rap's first billionaire.

The most important thing to do no matter how old you are, according to Richard Branson
Richard Branson shares the values that can be learned from a letter he recently received from a young boy about his Virgin Trains company.

Mark Bertolini, Jeff Bezos and other business leaders prioritize the same habit
Even CEOs and high-powered executives make time for this daily routine, no matter what.

How a 23-year-old turned a $500 loan into $570 million company
Fox News
In less than four years, Brandon Evertz, a 23-year-old Australian, has built a massive social media review site worth an estimated $570 million, from a small loan that his father gave him. Read the full story



OIL/COMMODITIES/ENERGY




Gold Prices Tread Water Ahead of U.S. Economic Data
Investing.com
© Reuters. Gold holds steady ahead of U.S. data Read the full story

Gold Falls on Stronger Dollar, Natural Gas Slumps as Short Bets Increase
Investing.com
Commodities Dec 04, 2017 18:51 GMT Investing.com – Gold prices came under pressure on Monday amid a stronger dollar after the U.S. Senate approved a tax bill aimed at overhauling the U.S. tax system and boosting economic growth. Gold futures for February delivery on the Comex division of the New York Mercantile Exchange fell by $5.20, or 0.41%, to $1277.10 a troy ounce. US senators passed a tax by narrow by a 51-49 vote, stoking investor hopes of a fiscal boost to the U.S. economy, spurring a Read the full story

Gold Prices Remain Lower on Stronger U.S. Dollar
Investing.com
Gold prices still under pressure, despite weak U.S. trade data Read the full story

Crude Oil Prices Drop Further as Focus Shifts to U.S. Supply Data
Investing.com
© Reuters. Oil stays weaker ahead of U.S. supply data Read the full story

Crude Oil Prices Settle Lower, Focus Shifts to US OutputInvesting.com
Commodities Dec 04, 2017 19:42 GMT Investing.com – Oil prices settled lower on Monday as traders appeared to take profit on the recent rally which followed last week’s decision by Opec and some non-Opec producers to extend output curbs. On the New York Mercantile Exchange crude futures for January delivery fell 1.5% to settle at $57.47 a barrel, while on London’s Intercontinental Exchange, Brent lost 1.8% to trade at $62.48 a barrel. Crude oil made a subdued start to the week amid profit taking Read the full story
Energy and financials are on the verge of crossing key levels. Here’s what it means
CNBC
As much of the equity market marches to new highs on Monday, I'm keeping an eye on two groups of stocks specifically — energy and banks. Read the full story

 
 
 
BANKS/BANKING/CREDIT
The Path to Zollarisation | Rolling Alpha
Finance - Rolling Alpha
In December 2015, Zimbabwe’s banking sector suddenly stopped being able to make foreign payments. Within a couple of weeks, it had recovered – but it was the first real sign that Zimbabwe had begun to run out of foreign currency. It was also the first tentative rumblings of zollarisation. The macro-background By December 2015, Zimbabwe was firmly teetering on the edge of a Balance of Payments crisis. Since 2009, the country had become increasingly reliant on imports. And the US dollars to pay Read the full story

Inside Bank of America's Brexit Plans
Bloomberg
Theresa May and Jean-Claude Juncker failed to get a breakthrough on Brexit adding to the uncertainties looming for the banking industry as they look to where to set up their headquarters. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Australia." Read the full story

Kuwait C.bank issues KWD 250m treasury bills
Mubasher
Mubasher: The Central Bank of Kuwait (CBK) has issued treasury bills valued at KWD 250 million ($828.9 million), with a return of 1.875%. The issue was covered 4.24 times, with the total demand value reaching KWD 1.06 billion, according to the … Read the full story

Banks Kept On Their Toes By Dizzying Data Management Regulations
PYMNTS.com
Data management is becoming an increasingly pressing concern for most financial institutions, as bank regulations continue to shift around the globe, according to new research. A report released last week by Wolters Kluwer’s Finance, Risk & Reporting, developed in conjunction with Risk.net, surveyed banks across the EMEA, APAC and North America regions to understand how... Read the full story

Wow. P2P Money Transfer Service Toss is Processing $1 Billion per Month in South Korea After Less than 3 Years of Operations | Crowdfund Insider
Crowdfund Insider
In 2015 Viva Republica launched Toss, a peer to peer money transfer App that has become one of the world’s fastest growing financial Apps have now transacted more than USD$ 10 billion with a current run rate of $12 billion per year with $1 billion per... Read More The post Wow. P2P Money Transfer Service Toss is Processing $1 Billion per Month in South Korea After Less than 3 Years of Operations appeared first on Crowdfund Insider. Read the full story

Wells Fargo's Sloan says customer activity at bank has momentum and tax bill will add to that
CNBC
The CEO says there is "reasonable momentum" already, and tax reform is expected to create even more Read the full story

Wells Fargo CEO sees better commercial loans in fourth quarter
Reuters
Wells Fargo & Co will likely see improved commercial loan performance when it reports fourth-quarter results in January, Chief Executive Officer Tim Sloan said at an investor presentation Tuesday. Read the full story
 
 
 
TREASURIES/BONDS/STOCKS




Here's a super-quick guide to what traders are talking about right now
Business Insider
Dave Lutz, head of ETFs at JonesTrading, has an overview of today's markets. US stocks are mixed. European stocks are in the red. Oil has been slipping off the highs it made last week. Here's Lutz: Good Morning! US Futures mixed, with DJIA up 20bp as M&A Continues (Cineworld for RGC) - but the Tax Rotation continues, with Nasdaq down 40bp early as angst builds about benefits from Tax cuts and Corporate AMT. Euro Markets are all under pressure, giving back ½ of yesterday's gains - Euro Tech Read the full story

US$5 Billion Fund Manager Tells Investors to Be Greedy While the Market is Fearful
Markets & Money
Some believe China’s financial industry is at risk of failing. But, according to Jorry Noeddekaer, head of emerging markets at Nordea Asset Management in Copenhagen, a lot of the worries about China and its financial system are exaggerated. The post US$5 Billion Fund Manager Tells Investors to Be Greedy While the Market is Fearful appeared first on Markets and Money. Read the full story

Stock market's crazy Monday could be a warning
Traders are watching Tuesday's opening action after the S&P 500 rallied hard, reversed gains and ended Monday lower — a sign of potential trouble.
Read more: https://www.cnbc.com/2017/12/04/stock-markets-crazy-monday-could-be-a-warning.html


INSURANCE/HEALTH



How the tax bill opens wide a big back door to overhaul health care
My San Antonio
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Simon Haeder, West Virginia University Read the full story

Weight Loss Really Can Reverse Diabetes, New Study Finds
TIME
Alice Park is a staff writer at TIME. Since 1993, she has reported on the breaking frontiers of health and medicine in articles covering issues such as AIDS, anxiety and Alzheimer's disease. Her latest book is The Stem Cell Hope: How Stem Cell Medicine Can Change Our Lives. Type 2 diabetes is a chronic condition that affects 422 million people worldwide. For decades, doctors have treated it with medications designed to keep blood sugar levels down. But in a paper published in the Lancet, Read the full story

Court rules against insurer on 'assignment of benefits' - Naples Herald
Naples Herald
BY | Jim Saunders The News Service of Florida THE CAPITAL, TALLAHASSEE, December 4, 2017……… With a legislative battle brewing again about the issue, an appeals court has ruled against a property insurer’s effort to place restrictions on a controversial practice known as “assignment of benefits.” The 5th District Court of Appeal, in an eight-page ruling Friday, upheld a decision by the state Office of Insurance Regulation to reject restrictions proposed by Security First Insurance Co. The ruling Read the full story

Do Auto Insurance Rates Go Down With Age?
Insurance News
LOS ANGELES , Dec. 4, 2017 /PRNewswire-iReach/ -- Lower-auto- insurance.com has released a new blog post explaining why auto insurance becomes cheaper after the age of 25. Age plays an important role in determining car insurance prices. In fact, brokers have notices a direct correlation between age and coverage prices. Someone who is under 25 years old, for example, will pay more for car insurance. Prices tend to drop after that age and the newly released blog post explains why. When shopping Read the full story

Health insurance questions? Call the WISN 12 Health Insurance Helpline Tuesday
WISN
Health insurance open enrollment is going on now, but it can be confusing. Read the full story

Global Credit Insurance Market Experiences Spurred Growth with Innovation and Expansion to New Geographies
Insurance News
Brooklyn, NY -- (SBWIRE) -- 12/04/2017 -- The global credit insurance market has been anticipated to be pampered with progressive growth opportunities due to the rise of several positive, influential factors such as innovation. QYResearchReports.com has announced the addition of a new report to its insurance archive bearing the title, "Global Credit Insurance Market Size, Status and Forecast 2022." According to the report, the market could be valued at a US$8.5 bn by the end of 2022 while Read the full story

Smoking may be hardwired into addicts' brains
New York Post
Smokers could be predisposed to the habit because of the make-up of their brains, research suggests. The behavior of molecules produced at the synapse connection points between nerve cells could make them more likely to smoke cigarettes. And the discovery could also have wider implications for understanding the molecular basis of other aspects of human thought. Scientists found the smoking link after developing a new brain map which helps explain why certain behaviors are linked to particular Read the full story

What Is Inflammation?
Verywell
A Battle Within the Body Read the full story

Was a spy’s Parkinson’s disease caused by a secret microwave weapon attack?
The Washington Post
Mike Beck believes his nervous system was damaged by a hostile country. But the National Security Agency will not endorse his workers’ compensation claim. Read the full story





 
 
CURRENCIES
As currency fluctuates, investors must pick their battles
The Globe and Mail
Currency is a volatile aspect of a portfolio, and attempting to hedge against it is no easy task. Experts can barely see eye-to-eye on the loonie, so how can the average investor get it right? Read the full story

Bitcoin is not a bubble but other cryptocurrencies are 'cannibalizing themselves,' fintech exec says
CNBC
Ben Davies, co-founder of Glint, said that, while the price of bitcoin was based on speculative trade, its value was a different story. Read the full story

Bitcoin, hitting new records, tops $200 billion in market capitalization
MarketWatch
The digital currency bitcoin, which has seen astonishing gains throughout 2017, passed another in a series of rapidly falling milestones. Read the full story
Forex - Dollar Holds Onto Modest Gains Vs. Other Majors
Investing.com
© Reuters. Dollar remains moderately higher, tax reform still supports Read the full story

Forex - Sterling Pares Losses, UK Service PMI Weighs
Investing.com
© Reuters. Sterling pares losses, UK service PMI weighs Read the full story

Forex - Dollar Higher on U.S. Tax Optimism, Sterling SlumpsInvesting.com
© Reuters. Dollar higher on U.S. tax optimism, sterling slumps Read the full story

Forex - Aussie Holds Gains Ahead OF RBA Review As Retail Sales, Caixin Support
Investing.com
© Reuters. Aussie gains in Asia Read the full story

Forex - PBOC Sets Yuan Parity At 6.6113 Against Dollar
Investing.com
© Reuters. Yuan parity Read the full story
 
 
 
USA/CANADA



Canada has an 'urgent' need for a China trade deal — Trudeau's chances are slim
Canadian Prime Minister Justin Trudeau is in China to discuss trade, but experts say significant hurdles stand in the way of progress.

US trade deficit rises to $48.7 billion on record importsABC News
Record imports carry U.S. trade deficit to $48.7 billion in October, highest since January Read the full story

Want That House? You’d Better Pay in Cash
The Wall Street Journal
Five years after the housing market hit rock bottom, mortgage credit is finally returning to the healthy levels of the early 2000s, before the boom-bust cycle began. But all-cash deals remain well above normal levels, even as prices in many markets have pushed to record highs. Read the full story


 
 
 
EMERGING MARKETS



Investors looking to tech stocks in emerging markets?
Fox News
Morgan Creek Capital Management CEO Mark Yusko on the outlook for stocks and the potential market impact of tax reform. Read the full story

Aeromexico eyes Delta's CSeries jet order amid U.S. trade spat: sources
Reuters
Aeromexico has held preliminary talks to take some Bombardier CSeries jets orders from Delta Air Lines Inc, which owns a stake in the Mexican carrier, to avoid possible U.S. trade duties levied on the planes, two sources familiar with the matter said. Read the full story

It Will Soon Be Easier For American And Canadian Tourists To Visit Brazil
GET.com
Brazil is paving the way to entice more Canadian and American tourists to its vibrant cities and stunning natural attractions. The county is in the process of launching an eVisa that will make it much easier for foreign travelers to visit and enjoy all that it has to offer. The program will go a long way when it comes to streamlining the previous visa issues that tourists encountered. The hope is that the new measures will remove red tape and ultimately make Brazil an even bigger South American Read the full story

Protesters against inequality occupied vacant land in Brazil. Now they're a mini-city of 8,000 families
Los Angeles Times
The first 500 arrived at sunrise. Read the full story

Opinion | Government-Run Digital Currencies Could Disrupt U.S. Dominance
Bloomberg
Looking for a way around sanctions. Venezuelan President Nicolas Maduro's announcement that the Latin American country will issue a cryptocurrency called the petro to overcome a "financial blockade" by the U.S. probably mirrors the thinking of other maverick regimes. The possibility of sanctions-busting, and generally finding a way to work outside the Western-dominated global financial system, makes cryptocurrencies attractive to non-Western nations, and the more so to rogue regimes. The West Read the full story

Here’s why Venezuela’s cryptocurrency venture is no panacea
MarketWatch
Here’s why Venezuela President Nicolás Maduro’s call to launch the country’s own cryptocurrency is unlikely to solve its dire economic woes. Read the full story



 
 
 
MIDDLE EAST



Saudi King Absent at Gulf Summit Overshadowed by Qatar Crisis
Bloomberg
The Qatari emir was the only head of state -- other than his Kuwaiti host -- at a Gulf summit Tuesday, as leaders including Saudi Arabia’s King Salman stayed away from a meeting overshadowed by the rift with Qatar. The Saudi delegation was headed by Foreign Minister Adel Al-Jubeir, while Bahrain and Oman sent deputy prime ministers, the state-run Kuwait News Agency reported on Tuesday. It was not clear if Anwar Gargash, the United Arab Emirates minister of state for foreign affairs, had stayed Read the full story

Saudi Arabia hopes U.S. will not recognize Jerusalem as capital of Israel
Reuters
Saudi Arabia has expressed hope the United States would not recognize Jerusalem as the capital of Israel and warned such a decision would have serious implications, state news agency SPA reported on Tuesday. Read the full story

Aramco raises prices for all crude oil grades to Asia in January 2018 – Reuters
Mubasher
Riyadh – Mubasher: The Saudi Arabian Oil Co, known internationally as Saudi Aramco raised prices for all crude oil grades to Asian customers in January, Reuters on Tuesday reported, citing an informed source as saying. The largest international … Read the full story

UAE and Saudis form new partnership separate from GCC
Aljazeera
The United Arab Emirates and Saudi Arabia have formed a new military and trade partnership separate from the Gulf Cooperation Council (GCC), according to a statement issued by the UAE. The development on Tuesday comes amid heightened tensions within the GCC, a political and economic alliance of six countries that includes Qatar, Bahrain, Saudi Arabia, the UAE, Kuwait and Oman. According to the statement from the UAE foreign ministry, the new committee "is assigned to cooperate and coordinate Read the full story



AFRICA





Zimbabwe: Will Mnangagwa Restore Environment?
AllAfrica
(Photo: The Herald) Now that Zimbabwe has a new leadership in the form of President Emmerson Dambudzo Mnangagwa -- after 37 long years of Robert Mugabe's rule -- there is a lot of hope and optimism in the air. Many have great expectations that, in a bid to capture the hearts and minds of progressive Zimbabweans, the new president will endeavour to right the wrongs and bring back sanity to the country. Mugabe's leadership did not just mastermind the collapse of the economy. Under it, the Read the full story

Zimbabwe: Grace Mugabe A Mad Woman With No Brains, Says War Vets Boss
AllAfrica
Zimbabwe's war veterans leader Chris Mutsvangwa has reportedly said that the millitary's intervention, which resulted in former president Robert Mugabe relinquishing power two weeks ago was a "counter coup" to former first lady Grace Mugabe's "bedroom coup". According to a New Zimbabwe.com report, Mutsvangwa maintained that there was no coup in the southern African country. "There was no coup. There was a counter-coup... The coup was carried out by Grace when her senior husband was losing his Read the full story

Zimbabwe: Britain Endorses Mnangagwa's Economic Revival Roadmap
AllAfrica
(Photo: ZBC TV Screenshot) Abidjan British Foreign Secretary, Boris Johnson, has endorsed plans outlined by Zimbabwean President Emmerson Mnangagwa to resuscitate the Southern African country's economy. Johnson was speaking at the sidelines of the African Union-European Union Summit in the Ivory Coast on Wednesday. "I am encouraged by President Emmerson Mnangagwa's words so far," he said. Johnson pointed out that during his inauguration speech, Mnangagwa pledged to reform the economy and give Read the full story

Zimbabwe: Parliament Probes Road Project Delay
AllAfrica
The Parliamentary Portfolio Committee on Transport and Infrastructure Development has launched a probe into delays by Austrian firm, Geiger International, to start work on the Harare - Beitbridge Highway dualisation project, six months after a ground-breaking ceremony was held. Committee chairman Mr Dexter Nduna, yesterday said they have demanded to be furnished with agreements between the contractor and Government, as part of a fact finding mission ahead of recommendations that are expected to Read the full story

Zimbabwe: Church Leader Says Mnangagwa Must Serve Only One Term
AllAfrica

(Photo: New Zimbabwe) A church leader said he was praying that if President Emerson Mnangangwa (75) happens to be elected in the forthcoming general election he could serve for only one term. Bishop Noah Pashapa of Life and Liberty Churches International said it would be a tragedy if Mnangagwa decides to contest in 2023 again as that would not make any difference from his predecessor Robert Mugabe who was 93 and still wanted to contest more upcoming elections at an advanced age. Mnangagwa took Read the full story




 
 
 
ASIA




This Is Only the Beginning for China's Explosive E-Commerce Growth
FORTUNE
In less than a decade, China has emerged as the world leader in e-commerce. It claims more online shoppers than any other nation. The numbers speak for themselves. China is home to 730 million Internet users, it accounts for 40% of global retail e-commerce, and its mobile payment market is a whopping 11 times the size of the U.S. market. “Whether we’re talking about transactions, technology, or money, China really stands out,” said McKinsey senior partner Jonathan Woetzel Tuesday at Fortune’s Read the full story

Asia markets fall in early trade following a mixed session on Wall Street
Markets in Australia, Japan and South Korea fell while the dollar moved little against a basket of currencies.
Read more: https://www.cnbc.com/2017/12/04/asia-markets-dollar-movesoil-brexit-talks-rba-decision-in-focus.html
China is winning 'desperate' race to get control of lithium for electric vehicles
China is outpacing the U.S. and other countries in a global race to secure supplies of an all-important element for electric cars.

Crude Oil Mixed In Asia With API Estimates To Set The Tone
Investing.com
© Reuters. Crude mixed in Asia Read the full story



 
 
EUROPE





Europe Scolds Trump on Iran, Jerusalem During Tillerson Meeting
Bloomberg
A joint press conference by the European Union’s foreign-policy chief and the U.S. Secretary of State descended into a thinly veiled exchange of rebukes, adding to signs of increased strain in the world’s most powerful alliance. “The Iran nuclear deal is a key strategic priority for European security but also for regional and global security,” the EU’s Federica Mogherini told reporters on Tuesday, emphasizing that the agreement only dealt with nuclear issues. “Dismantling an agreement on nuclear Read the full story

UK Services Activity Eases More Than Expected in November
Investing.com
© Reuters. UK services PMI drops to 53.8 vs. 55.0 forecast Read the full story

Brexit: Theresa May under pressure to get DUP on side
BBC News
The PM has days to get Brexit talks back on track after the DUP objects to Irish border proposals. Read the full story

Greece ‘makes provisions’ in face of German and Italian political uncertainty
Greece is on track to end its current bailout program in August 2018.
Read more: https://www.cnbc.com/2017/12/04/greek-government-makes-provisions-in-face-of-german-and-italian-political-uncertainty.html
d
 
Blessed and Highly Favored
 
CBI Update:
 
The CBI for Wednesday 12/6/17 did update on the indicative rates Sell Rate 1184
The currency auction is 147,045,762
There are 2 news and announcements for Wednesday 12/6/17
1. A training workshop entitled "Localization of salaries for employees" on Tuesday,
The Central Bank of Iraq - Baghdad announces a public auction for the sale of consumables.
December 06, 2017
Training Workshop
Training Workshop

A training workshop entitled "Localization of salaries for employees" on Tuesday,
December 06, 2017
2   .Public auction for the sale of consumables


The Central Bank of Iraq - Baghdad announces a public auction for the sale of consumables.
December 06, 2017

ISX Update:
 
Value Traded
11,198,050,209
 
Shares Traded
14,604,503,506
 
ISX ended in Red
 
 
 
Kauaihn Chatter
 
 
12-5-2017   Intel Guru Delta   Urgent from Iraqi TV: The Cenral bank has announced a tender for the printing of new banknotes (small categories) at the international companies.  These were already printed but now they are informing the citizens of the lower denominations they will see shortly.  THEY ARE PRINTING NEW NOTE...500, 1000 IS NOT NEW NOTE...Shhhhhhh

12-5-2017   Newshound Guru Kaperoni   Article:  "The central bank boosts banks local currencies from small groups"   Quotes:  "the printing of the Iraqi currency and replace it with cost amounts", calling on citizens to keen and maintain banknotes in circulation."  "the central bank has to declare a tender for the printing of new cash papers (small groups) with the global printing companies."   Small groups are fine to begin to float, get the big one's off the street. Replacement is common. Currency gets worn out and it is the job of the CBI to replace to maintain integrity. Especially when you are trying to build confidence. 250, 500 etc are low enough the CBI probably thinks it also supports the transition as well.

12-5-2017   Intel/Newshound Guru tman23   ...don't know why anyone would be down...they always said 3 zero must be lifted start of new year this is when all banks begin new books...

12-5-2017   Intel Guru RayRen98    [...Have they had the grand finale celebration for Victory Week?]   That is this week:  December 7-11, with the grand celebration falling on Saturday, I assume.
 
12-5-2017   Newshound Guru Kaperoni   ...it is published both on the CBI and in IMF docs that 44 trillon is in circulation.  There is only one solution...Reduce the physical paper and gradually raise the value via float...the dinar will float with a plan to equal $1.  Its in print.  You remove the larger 3 zero notes and introduce new smaller notes over time. This process deletes the zeros and raises the value.  Latest economist article:  "Today, we find it easy in front of the Central Bank of Iraq to work to the principle of reducing the exchange rate gradually to the extent that it can be equivalent to the dinar against the dollar...  Iraq is not a candidate to LOP the Dinar... they have less than 2% inflation... maintained the peg.  LOPs happen when monetary policy fails.
12-5-2017   Intel/Newshound Guru sandyf   RV is taken to mean revaluation, there is no revaluation of a floating currency, it is appreciation. Revaluation is applied to a fixed exchange rate currency.    [The value has been removed, it needs to be reinstatedThe IQD has always been the national currency of Iraq, you cannot reinstate something that has not been removed.  The value was not removed, it was altered and you cannot reinstate value, that would be a revaluation.   ...the IQD is a fixed exchange rate currency regime so the options are revaluation and devaluation. People should bear in mind that devaluations are very much easier to apply than revaluation. This is why there has been some very large devaluations but only minor revaluations.
12-5-2017   Newshound Guru G-Lin   Article:  "The Central Bank strengthens banks in local currencies of small groups"   Quotes:  "...the printing of the Iraqi currency and replace them cost amounts," calling on citizens to maintain and maintain Bank notes when trading."  "the Central Bank has announced a tender for the printing of new banknotes (small categories) in the printing companies of the world."  Is this the beginning of distribution of L.D.'s?  If so, they did it last month.  It just doesn't make sense to me for CBI to go to the expense of printing 1000's and 500's based on today's value unless they intend to give them a higher value. It cost more to print them than they are worth. Of course they wouldn't tell us if they distributed anything smaller. That would tell us too much.
 
12-5-2017   Intel Guru Frank26   Remember that speech from the University on Nov. 25th?   ...[Guru] Walking Stick called me on the 26th and he gave me a report...   We told you about that speech that is going to be called the National Wedding at Rasheed Hotel...  It will be a five day event. There will be a military parade... and IOO ( in our opinion) we will see the second part of the speech on Dec 9th...They are expecting over 100 countries to this celebration ...It is called the Final victory speech...and as soon as Abadi  makes that speech [Guru] Walkingstick will disappear because  in his words… “all hell will break loose”.   IOO - right after the speech they will announce the Economic Reform and Monetary Reform of their country...and they will tell the 100 countries attending to invest in the ISX.   [post 1 of 2....stay tuned]
12-5-2017   Newshound Guru Kaperoni
   [where do you think the float will start at?]  I expect it to start right where it is at 1184...may go up fast who knows.  The CBI would be foolish to RV, to much money to be made off commission.  The IMF wants currencies to float.  [...could you please explain how this will work.]  ...hard to know for sure but we will learn when it happens.  I have my own guess...That the CBI will get in compliance with the IMF and accept Article VIII.  Move to a float...and gradually remove the 3 zeros notes and the dinar rises in value.  People dont realize the CBI needs a new exchange regime... choosing to float is a good thing...the CBI makes money...remember, if the CBI stops the auctions, they need to have an alternative.  A float allows for the CBI to buy/sell and make commissions and its all about the money.  Lets put it another way, you cannnot revalue 44 trillion dinar...thats 4 times the worlds money supply...no such event will ever occur.
 
Elmer:
 
Not in today
 
Artmeister:d

12/06/2017 12:17:00 AM Conference CallIntelThe Big Call
Thank you PinkRoses. ~ Dinar Chronicles

THE BIG CALL WITH BRUCE TUESDAY, DECEMBER 05 2017, INTEL ONLY

TRANSCRIBED BY PINKROSES


Bruce: Welcome Everybody to the Big Call tonight. We are back and you are listening to the Big Call Thank you all for coming in and listening to the Big Call. I am excited about even though to be completely honest with you which I am always trying to be, I was disappointed today because I was under the understanding we would start today with our exchanges. I was under that impression. Everything was pointing to it. All the Intel was pointing to it today. It didn’t happen yet today. That was why I was discouraged earlier.

Bruce: It is very slow Intel until 2 to 3oclock in the afternoon, until we started to get the reasons why it didn’t go as we thought. I am back in a positive mood and looking forward to everything coming thru for us. To be honest we had information that came in pointing to we were there, and we wouldn’t need a call tonight. Maybe you heard others who do calls also saying expect tomorrow to be their last call or so and so are not going to be on their call anymore. I understand because of the information we are getting out there. We will continue to do calls until the blessing comes through. Then we will take a month or so off to get things ready.

Bruce: Iraq last week has made announcements. Prime Minister Abadi made announcements about their sovereignty, liberation, removal of ISIS, etc. about twice. We are not waiting on those announcements. Iraq has been trading their currency on screen for a little while yet, for about 4 to 5 days at least. Sometimes it will trade then come off then resume again. We are in the position again we are sort of not trading dinar again.

Bruce: They have some dates. They had the date December 2nd or 3rd for Iraq. We blew through that and what we were waiting to happen did happen. Then today on the 5th was another point of intention. Then the 7th and then Saturday is another point of intention. Saturday, December 9th is for Iraq National Wedding day. Is this when everyone comes down to Baghdad to be married? No. It is a day of unity in the Middle East, because my understanding is 100 or more delegates from the Middle Eastern countries have been invited to come to Iraq in Baghdad for some form of get-to-gather. PM Abadi invited these people to be part of the Iraqi stock exchange ISX. The Iraqi dinar should be part of the parcel of the ISX tradability.

Bruce: We have heard maybe, but I can’t tell you whether or not the dinar for the rate is being known throughout the Middle East yet. I knew the rate of the dinar for a week already. We know that the rate is, and the screen rate is. They should be at a point now or any day now, maybe Thursday, when that rate is internationally known. It has to be there. They are done. They have completed everything they needed to be complete. When they got admitted into the World Trade Organization, when the United Nations released them from Chapter 7 and put them into Chapter 8 all these things. When the ISX opened last week sometime, all these things are signs Iraq’s sovereignty is there. I just think that the fact we don’t see their new rate right now doesn’t mean it doesn’t exist in country. There are Iraqi citizens that can go to their QI cards and put those in on Thursday and be able to see not only the amount of money but also a rate and be paid on their portion of the oil revenue sharing. That is part of Iraq deal. I have been told they would be able to see and have access of their portion of the oil revenue on Thursday.

Bruce: That should tell something where we are. The fact it was looking it was going today should tell us where we are. There are other things that may need to be completed before we go. The so called table top meetings on the Zim in 5 different locations internationally started today. Our understanding was they were to be completed this morning. It just was not the case. They didn’t get started till today. That was this afternoon. They needed to complete before we get started. I believe they will be completed in the next day to day and half. That is a very good point to see those occur. That is everywhere from Hong Kong, to Singapore, to Zurich, to London, to New York. That is an important thing. It has to do with those table tops taking place so the rates can be set for the Zim platforms that need to take place.

Bruce: In addition, we know that the Prosperity Packages are sort of on deck ready to go out the next day to day and half. I believe those are ready too. My understanding is when those go we should go parallel to those going out or they will go slightly behind our start of our redemption. That is a very positive thing. There are things happening that is aligning this up to go still this week. It is only Tuesday and I believe we are targeted to start this week. I am not calling it. I am just telling you everything is pointing to it happening.

Bruce: The money that is flowing and has already flowed into the banks, Redemption Centers and groups has continue through to last night and again today in two different tranches. This is position of the movement of money from usually HSBC to other banks or Redemption Centers, or into the Paymaster groups. That is continuing to occur. Money is in place and changing hands. Cores are being paid. Prosperity Packages are on deck, ready to go. Everybody is sort of jocking for position now.

Bruce: We know when it comes to going in for our exchanges at the Redemption Centers they have it so the vast majority will be able to do a bank wire for us to another bank. Possibly they would be able to do a relatively small wire transfer. They are calling it a ledger to ledger with them using the new CIPS system. We have been using the term wire transfer for so long.

Bruce: We should be able to move some money to an existing banking account that same day. Some exchange centers may not be able to do that. In that case you can ask for up to (5) cashier checks for up to $10,000,000 each. So if you can’t move the money with the bank wire at the time of your exchange, you can ask for a cashier check. My preference is to use the bank wire. The funds should be available the same day or the next day. Some people like the idea of using a cashier check and putting a new deposit down with that check. Just realize the cashier check should be available right away, but some banks are funny about giving full value of the cashier check at the time they receive it until they make sure the funds tied to that check are absolutely good real, and legitimate. My preference is doing the bank wires instead of the cashier checks. I am giving you a Plan A and a Plan B.

Bruce: Say you want to move some real money to a new bank account or set up a new bank account to move funds. The day after your exchange your account should be settle from your exchange itself from overnight and that next day you can do a bank wire to a new bank for up to almost a half billion dollars or $499,000,000. You can do one or more of those. That is in your first week. If you go beyond that first week I think you can move greater amount money as needed. Let them know if you plan on moving those funds at the time of your exchange for the money as soon as possible. It won’t catch them off guard and those funds are not kept in your structure payout situation and they have flexibility to move those funds for you as needed. You will have flexibility the first week but just remember there will be some limits. To me half a billion dollars is workable. It is real money and unless you just have some incredible big plans right now that you need more money for you will have to be held off the next week. Otherwise just operate out of your main mother lode account and go from there.

Bruce: Some of the Redemption Centers will be able to give you a temporary credit/debit card at the time of your exchange loaded with some funds. The amount up to you in discussion with
Permanent credit/debit cards my understanding is credit 48 hours later after your exchange you will receive that permanent card to your home address by Fed Ex with a signature required. You will need to be there to sign for that Fed Ex. Give that some thought too in terms of your travels day or two after your exchange appointment. 

Bruce:
 We use the term Black card, an unlimited amount card you can use. Two or three companies will have something like a Black card. If it was me, to get the benefits of a Black card like a platinum color card won’t draw attention to you. If possible, I am going to try to get one or two high end quality credit/debit cards not black in color but in platinum or gold color so I not draw attention. Something you might want to consider.

Bruce: As far as the Redemption Centers goes, they have been ready, were ready. They were let off today because we didn’t go today for 24 hours. They will be back in tomorrow and have everything ready to go in case. It is hard to say because we felt we are ready to go and have had that feeling for a while now and yet we are still patiently waiting. I think the Redemption Centers staff are about in the same boat as we are in. They weren’t happy we didn’t go today, but I believe we are looking like we could go this week. I am not giving up on this week at all. There is so much going on behind the scenes that we are really in a good place. I am staying super positive because I know how close we really are. We are not out for the weekend.

Bruce: Iraq is going to do something major on Saturday if they don’t do it sooner. They put a date out on the calendar and do it a day sooner. They have something schedule for today, Thursday and then Saturday. I think with any success Iraq may do something major on Thursday. I think we are at the point right now we just got to stay positive knowing we are about to receive this incredible blessing and hang in there and continue to believe for it like I am and also like Sue, Bob, and Pastor Steven. Not only we know about it but other people are tracking this and they know the timing is really close.

Bruce: Be blessed knowing this is coming and this could be our last call. We will be here Thursday night if we need to be. Rest assure this is still on the way for us and it is coming we believe this week. Have a beautiful night. Thank you Sue, Bob, and Pastor Steven. Good night everybody. Thank you so much.

THANK YOU BIG CALL AND BRUCE, HUGSS
d
12/05/2017 10:58:00 PM EmailedIntelUpdate
Entry Submitted by Tank at 10:51 PM EST on December 5, 2017


INTEL 10:42 PM 12/5/2017

JOIN THE MOVEMENT of S.P.E.A.K

https://chat.whatsapp.com/E5v20AQTyzrKGi8SWNOU8d

• The Elders got paid

• ZIM posted in the Gazette

• Iraq announced the lower denominations on Iraqi TV today

• Trump tweeted that he knew Flynn lied to the FBI, before he had a private meeting with Comey asking him to give Flynn a break

• The Elders got paid, along with Global Collateral accounts. Whatever that means, because they kick that nonsense out every time they want to explain why they still didn't let it go to us.

• Elders showed up in a vision as a seated Buddha to my friend- he said that means it's done and now we just sit and wait. (Buddha was like 300 pounds, I just feel like he should have gotten up to move more)

• Launched Project S.P.E.A.K. Tonight. Now 100s of people so far are looking to disrupt things and get us paid. And I can't walk away because no one in this web of lies ever did what they said they're going to do. And I don't think you can have trust if everyone lies to you.

• ZIM groups started today. Liquid/no skrs

• Should mean USNs are live

WE ARE NOT RESPONDING TO THE CREATION. THE CREATION IS RESPONDING TO US.

TANK ALL IN
d
 
 
Date: Tue, Dec 5, 2017 at 4:48 PM
Subject: !!! RV/INTEL - December 5, 2017

RV/ INTELLIGENCE ALERT- DECEMBER 5, 2017
 
Remaining Cabal are being systematically destroyed on a daily basis. Most are either switching sides or surrendering.

The 800 numbers will be located on a website hosted on a quantum server. When it is time for the release, the website will be activated. Special couriers will then be instructed to distribute the 800 numbers from the website to various intel providers and website owners via email (TETELESTAI).


The quantum website will also contain important information and instructions on your redemption/exchange.


The USD will be publicly announced as officially asset/gold-backed days before the 25th (Christmas) as an early Christmas gift to the American people from President Trump.


The RV release is rumored to occur before the USD is announced as asset/gold-backed.


Possible dates of interest:


December 7th-11th (Iraqi Victory Day)


December 7th (Pearl Harbor Day)
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Catnip:
 
 
 
ARTICLE 1-A (from PM Abadi's website; posted on both Arabic and English sides)

Prime Minister Dr. Haider Abadi receives the Russian Minister of Energy

5 - December - 2017

Prime Minister Dr. Haider Abadi received on Tuesday Russian Energy Minister Alexander Novak.

The meeting discussed the development of bilateral relations between the two countries in the fields of energy, economy, trade, oil and electricity and ways to expand the participation of Russian companies in construction and investment projects.

Mr. Novak congratulated the Iraqi victories on terrorist gangs and his country's support for Iraq in various fields.
Prime Minister 's Media Office
5 - December - 2017

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ARTICLE 1-B (from PM Abadi's website

The Council of Ministers holds its regular session chaired by Prime Minister Dr. Haider Abadi

5 - December - 2017

The Council of Ministers held its regular session Tuesday, 5 December 2017 under the chairmanship of the Prime Minister Dr. Haider Abadi.

At the beginning of the meeting, the council discussed the news that the United States intends to recognize Al-Quds Al-Sharif as the capital of the Israeli occupation and the transfer of the US Embassy to Jerusalem. The Council of Ministers affirmed that the Iraqi government has received with great concern these reports and warns of the repercussions of this decision on the stability of the region and the world. The injustice of the rights of the Palestinians and the Arab and Islamic world and other religions, as Jerusalem is the title of coexistence between all religions and nations.

During the meeting, the vote on the amendment of the Council of Ministers Resolution No. 347 of 2017 regarding the date of the elections from 15 May 2018 to 12 May 2018.

The council voted to buy gas from Iran / Central Region.
The draft law on the accession of the Republic of Iraq to the amendment of the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and Their Disposal and voting on the draft law of accession of the Republic of Iraq to the Paris Convention to the 1992 United Nations Framework Convention on Climate Change.

The Council of Ministers also voted to authorize the Minister of Higher Education and Scientific Research to sign a contract of participation with Al-Fayhaa Oil Services Company to start building the required plant in Basrah province for the purpose of treating and destroying chemical waste using modern and safe technologies for the purpose of generating environmentally friendly outputs according to the Iraqi environmental determinants.

The Council of Ministers directed that the Ministry of Displacement and Migration in coordination with the relevant authorities prepare a plan to return the displaced to the district of Tuz Khurmato in the form of meals in coordination with the security forces and popular mobilization forces in the region.

The Council also voted on the recommendations of the Supreme Committee for the implementation of Article 15 of the Federal Budget Law for the year 2016 on expanding the opening of private investment.
The Cabinet also voted to authorize the Undersecretary of the Ministry of Finance to negotiate and sign the loan for additional emergency development operations.
Prime Minister 's Media Office
5 - December - 2017

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ARTICLE 1-C (from PM Abadi's website
Prime Minister Dr. Haider Abadi: We have liberated our land and must return to the era of defeat and differences

6 - December - 2017

Prime Minister Dr. Haider al-Abadi said that the world was thinking that Iraq will not return after 2014, but we liberated our land and we won and this did not happen by accident, but with sincere generosity and dear sacrifices and that this nation does not rise except by expensive sacrifices and giving science and knowledge.

This came during the presence of His Excellency the ceremony of distributing free scholarships for outstanding students provided by universities and colleges, which was established by the Ministry of Higher Education and Scientific Research in Baghdad this morning.

He added that he should not return to the era of defeat, disagreements, corruption, neglect, mismanagement and discrimination that helped to enter the occupation and occupation of our cities.

He congratulated Dr. Haider Al-Abbadi on the great victory achieved by the sacrifices of our people. He also praised the students for their excellence and their free scholarships. He described the outstanding students as the generation of victory.

The Prime Minister promised to mislead and lie and use the interests of citizens for political purposes betrayal after betrayal, stressing that we take into account the poor and low-income groups, especially on the subject of electricity collection.

He called on the universities to take care of the Arabic language, which was preserved by the Holy Quran, to cherish this language, to write in tongues in honor of the harmful language, and to learn other languages ​​to increase knowledge and benefit from human experience.

Dr. Haider Al-Abadi distributed free scholarships to the outstanding students of the martyrs of the popular crowd, the displaced, the displaced and the orphans from the poor and needy families of 500 students in medical specialties.
Prime Minister 's Media Office
6 - December - 2017

Note: PM Abadi also sent out a number of tweets this morning about these scholarships.

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ARTICLE 2

Tweets posted on Iraq Government twitter account; posted December 5 around 1:30 pm Eastern:
  1. Replying to 
    PM @HaiderAlAbadi: We are ready to engage in dialogue with Kurdistan region provided it is on the basis of Iraq’s federal constitution
  2. Replying to 
    PM @HaiderAlAbadi: I said that our next battle is to root out corruption; this is not a slogan. I know that the Iraqi people are impatient to see results, but we are addressing this issue in a methodical and careful way which will deliver the desired outcome
  3. Replying to 
    PM @HaiderAlAbadi: The judiciary in Iraq is independent. Decisions by Iraqi courts are reached after careful examination of the evidence. Human Rights Watch should have verified the accuracy of their information with Iraq’s Supreme Judicial council
  4. Replying to 
    PM @HaiderAlAbadi: We are surprised by today’s report from Human Rights Watch criticising Iraq’s judicial process. We don’t tolerate transgressions and always investigate them
  5. Replying to 
    PM @HaiderAlAbadi: The @IraqiGovt is opposed to the reported intention of the United States to relocate its embassy in Israel to Jerusalem. Such a move would have ramifications in the region
  6. Replying to 
    PM @HaiderAlAbadi: Iraq is sovereign and independent. Only Iraqis are the decision-makers in Iraq. Our relations with all countries are based on shard interests and mutual benefits
  7. Replying to 
    PM @HaiderAlAbadi: Iraq today is strong, and is admired throughout the world because of the bravery and sacrifices of the Iraqi people & their armed forces
  8. Replying to 
    PM @HaiderAlAbadi: Daesh terrorists no longer hold any territory inside Iraq. The aim of the ongoing military operations is to sweep & secure the western desert and the Iraq-Syria border. Our forces swept two thirds of this vast area, and will soon secure the rest
  9. PM @HaiderAlAbadi holds his weekly press conference in Baghdad, briefs media on national and regional developments


Tweets posted on Iraq Government twitter account; posted December 6 around 5:30 am Eastern
  1. Replying to 
    The Cabinet approves draft legislation to ratify the Basel Convention Ban Amendment on hazardous waste & its disposal designed to reduce the movements of such material between countries and across borders
  2. Replying to 
    The Cabinet approves draft legislation to ratify Iraq’s membership of the Paris Agreement which builds on the 1992 UN Framework Convention on Climate Change
  3. Replying to 
    The Cabinet approves an amendment to the election law to bring forward the date of national and provincial elections from 15 to 12 May 2018
  4. Replying to 
    The Cabinet expresses concern at reported plans by the United States to relocate its embassy in Israel to Jerusalem, and warns of ramifications for the region
  5. The Cabinet holds its weekly meeting, discusses draft laws, regional developments, and operations to secure the Iraq Syria border
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ARTICLE 3

The European Union provides € 60 million for the reconstruction of liberated areas
2017/12/6 13:05 • 1 times read
[Ayna-Baghdad]
Iraq and the European Union signed a financing agreement for two projects on the reconstruction of liberated areas and mine clearance worth 60 million and 400 thousand euros.
The agreement was signed on the Iraqi side by Minister of Planning Salman Al-Jumaili and on the European side by the Director General of the European Union's Cooperation Department, Pierre Amelat.
"The joint cooperation agreement between the Ministry of Planning and the European Union has been signed to implement two projects aimed at restoring stability and the return of civilians in the liberated areas," Jumaili said at a press conference following the signing of the agreement.
"The European Union and the contribution of a number of donor countries [Denmark, Finland, Italy, Japan, Estonia and the United Kingdom] will provide a financial grant of € 60.4 million for the implementation of these two projects."
"The two projects aim to meet the humanitarian challenges and the challenges of security, stability and reconciliation," he said, noting that the first project will include a sum of 50.4 million euros to help restore basic services and repair public infrastructure, as well as restoring economic life and restoring basic services. Granting grants to small enterprises to ensure early recovery and rapid voluntary return for sustainable development ".
"The project will include the recently liberated areas of Anbar, Salahaddin, Kirkuk, Nineveh and Diyala," he said.
"This project will be implemented through the United Nations Mine Action Service and in coordination with the Iraqi government," Jumaili said. "This project will help create conditions that will allow the safe and voluntary return of more than 3 million displaced people. And enable them to map risk to enable humanitarian interventions to be particularly enabled in liberated areas and to adopt a common approach to clearance of mines and explosives. "
For his part, the Director-General of the European Union's Cooperation Department congratulated the Iraqi government on their efforts to re-liberate the areas from the Holy Land, but certainly these efforts were the result of great sacrifices. So let me take this opportunity to express my sympathy and condolences to everyone who lost someone. Dear in this war. "
He added that "the financial agreement we are signing today is also an expression of the sympathetic attitude of the people of the European Union with the Iraqi people in the fight against terrorism."
"The fight against terrorism and the interest of young people and opportunities for them are the priorities of the Iraqi government, but it is one of the priorities of European governments alike," he said.
"The European Union is a long-term partner of Iraq and we would like to strengthen this partnership at the present time to rebuild and secure the liberated areas to return the displaced and create a thriving economic environment for its people," he said.
"In particular, we are currently signing two financial agreements worth more than 60 million euros," he said, adding that "the first agreement, which amounts to approximately 50 million euros, is specific to the reconstruction of liberated areas and will be implemented by the United Nations Development Fund. The second agreement will be more specialized in demining and will be implemented Also the United Nations Mine Action Office. "

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ARTICLE 4

Jan Kubic and the American and British ambassadors are looking for the return of the displaced and the reconstruction of Iraq

BAGHDAD (AFP) - December 6 - President Fuad Masoum met with Jan Kubic, the head of the United Nations Assistance Mission for Iraq (UNAMI) in Baghdad, and the US and British ambassadors to Iraq, Douglas Seelman and Jonathan Powell Wilkes.
The meeting dealt with the political and security developments in Iraq and the region and means of doubling international assistance to implement plans for the return of the displaced and reconstruction of Iraq, as well as activating regional and international cooperation to continue the war on terrorism.
He also stressed the necessity of continuing the technical and logistical support for the UN experts in this regard and the importance of conducting the upcoming elections in their constitutional timing. He stressed the need to deepen the democratic practice as a guarantee for Iraq's progress at all levels, and that democratic dialogue, understanding and realistic concurrence Is to ensure the solution of all internal problems, and the realization of the supreme interests of all Iraqis. "
While praising the heroic victories achieved by the Iraqi people on terrorism, the ambassadors affirmed the determination of the international community to support Iraq in all fields and to ensure its security, stability, unity and sovereignty, as well as the announcement of Baghdad and Arbil to prepare for a close dialogue to resolve all outstanding problems.
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ARTICLE 5

Rafidain is considering opening two branches in Turkey and Saudi Arabia
2017/12/6 8:44
[Ayna-Baghdad]
Rafidain Bank said that it is studying during the current period the opening of two branches in Turkey and Saudi Arabia to provide banking services to Iraqis living there.
"The bank has received invitations from Turkey and Saudi Arabia to open a branch in each of them," the bank's general manager Khawla Talib Jabbar said in a statement to the bank's media office.
"This move comes as a culmination of the Bank's reputation and achievements, which have accompanied recent developments in banking, its compliance with accounting standards and its compliance with all international regulations," Jabbar said.

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ARTICLE 6

A magic drink for weight loss without dieting

BAGHDAD, Iraq (Reuters) - December 5 - If you want to lose weight without exercise or exercise, learn about the honey and cinnamon treatment that provides you with healthy benefits and helps you lose fat.
This combination will improve digestion and cleanse your body of toxins and increase the work of burning processes. It will also lift your alkaline body and help it burn fat.
Cinnamon provides many benefits to the body, it improves the absorption of nutrients in the body and regulate the secretion of insulin and protect against diabetes.Honey on the other hand stimulates food digestion and metabolism and helps burn fat.
Here's how to set up this mix
* A teaspoon of crushed cinnamon
* 2 teaspoons of organic honey
* A glass of water.
Method of preparation and use: Pour the water in a bowl and leave to boil. Add the ground cinnamon and simmer for several minutes. Then leave the mixture until it cools, then add the honey and stir well.
Drink a cup of it daily on an empty stomach in the morning and you will soon see the result. And continue to this treatment until you pray to the strength you want. End (1)

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