Thursday, January 4, 2018

Word on the Street Thursday 1/4/18

Word on the Street Thursday 1/4/18







Word on the Street Thursday 1/4/18:
TNT CONFERENCE CALL WEDNESDAY 1/3/18 DC NY CALL RECAP:
Good afternoon TNT Superfantastic Family. Today is Hump Day. This is our first official call for 2018 our first intel related call. Happy New Year to each and everyone of you! Now getting to the information and we don't have any new info. We did chat with you on New Year's eve and shared a little for you, and there was a natural expectation when the markets opened on Tuesday, we would see a rate change and revalued rate on Forex. A lot of expectation for that, but don't know where we are on that. We have not received a lot of information on that yet pertaining to why it was not visible and should be visible. The optimum time for rates to change was when the markets were closed, and the expectation when the markets opened, changes would take place. Now looking like the next optimal time is next weekend when the market closes on Jaunuary 5, and then reopens on January 7 and would take us into Jan 8 th with bank activity and forex activity should that be the case. That is what I call the natural order of things with a natural assumption. Now could they change rates in the middle of the week. Sure they could, since the market rates are set and in the wee hours in the morning they will do a reset. We were just discussing the optimum time when the market completely close for several days where they can get in an shift and adjust things, but who says you can't do that on a weekday. You just don't have that much time as far as a window they could play with numbers, so what are we looking at? We are looking at it is done as far as we are concerned. We are looking at it being done with Iraq. There is no push to get lower denoms out of ATM's because they are pushing to get people to use their cards and do more electronic business to do rate and dollar adjustments electronically and not paper. We understand that is taking place to get the citizens more aclimated using their cards and making them aware the ATM machine will be available for both type purposes when they arrive. Are the banking institutions aware and excited, and are we on could say an alert status? They are ready. That is what they are telling us. We did share some of exchange activity that seemed to sift thru the cracks. Could something else happen today? We just don't know until something happens. I don't have any official info to tell you why you don't see it and when you will see it. We do have enough into to say it is done! Iraq has done what it needed to do. CBI obviously has not changed its rates yet, so there is something there that is preventing that from happening and taking place as soon as we had expected. Does not mean it is not happening. In the midst of all of this reports are coming to me that banks that are saying Dinar no problem. Right now our offical bank count is up to 67 and expecting some official information today. This week we heard from members that have been communicating with their banks, and learned now they are accepting the Iraqi Dinar Before they were not. Members that is your new realization, and text me with new information of knowing what banks are exchanging Iraqi Dinar as well as other currencies that we hold. It will be very instrumental for us when the green light goes on for a rate change. Then we will go from there. Callers: 865 Catnip: Happy New Year Ray! There were a lot of excellent written questions out there and you are not able to see any of them. Ray: Not yet. Now the Questions are coming up. I will come back after the questions. Q and AQ: There is news from Iraq that parliament did not meet today to discuss the 2018 budget because a lack of a quorum. Could this agreement be a snag for the hope for release of the increased rate of the dinar? Ray: No I dont think so. Was the release in the US banks contingent on the new rate and 2018 budget? Ray: I guess indirectly. The CBI may be holding off posting its new rate till the budget is resolved. It could tie in. Q: Do we have to wait till the 12th of January to start exchanging? Ray: I don't know. Q: Are the banks seeing new rates on the screens, and why are they not released? Ray: Yes, I assume they are waiting for authorization. Q: I live in Italy. Do we have to come back to the US to exchange to get the we are the people rates? Ray: We don't have we are the people rates. I guess Tony may have made it sound that way. The rates would be for anyone. Q: Have we heard anything about the Iranian Rial? Ray: No Q: Software updates are supposed to happen on January 8th? Ray: I don't know anything yet Q: Have you received any confirmation on 800 numbers? Ray: No, I have not received any info. Q: Are all you contacts on the same page? Ray: Yes they are. We don't have any special arrangement for TNT people. It is for all of us.Callers: 865 Catnip: Happy New Year Ray! you had referenced the authorization given to the banks. It is comforting to know the authorization is out there. Is this indefinite or is there a timeframe which that authorization is extended and that it has to be issued again? Have they made that clear when they discussed it with you? Ray: No, they did not make it clear. They just said authorization was given, so I don't think they need to do it again only if is was rescinded, but that was not mentioned.. Catnip: In other commentaries there have been references into treaties out there that may have some impact on the RV? Ray: You can forget the treaty. I am being told the treaty details what I am or about to share the treasury can see it, but noone else can see it. Anything new that comes up I think there will be more info with the understanding we cannot go read it. The treasury sees it and knows about it, but we can't. CallerCatnip: 865 Again we are back. Your commentary about the info about the exchange activity that sifted thru the cracks quote unquote, I am presuming that is not necessarily info that was not supposed to have gotten thru and went thru the cracks. Is that why you said it that way. Ray: Possibly I don' t have enough detailed info on it to see what happened, why it happened and why we are not happening or if that was part of the plan to just let some trickle through privately. I just don't have enough info on it yet. Catnip: How safe a presumption that exchange activity was in the US vs elsewhere? Ray: Yes it was in the US. Caller: Who said the banks go ahead 3-4 weeks ago who gave them the go ahead saying go for it? Who gave them the go ahead? Ray: I am assuming the Treasury. Ray's Wrap Up: Well guys some of you may feel like you are sitting on pins and needles. I am too just from being excited as when is this going to pop. Everything looked good for Jan 2 and come out on Forex. Then it didn't, and I started telling folks I am glad it didn't, because we already knew that some banks were entertaining exchanging people and that it might pick up here in the next day or two. We were always looking to do some exchange activity before it hit Forex. So if there may or may not be some exchange activity taking place this week as we speak, that would give some of us an opportunity to get involved to do our leveraging or do whatever we want to do before Forex hits. After Forex hits, we sit and watch the market. Then we can make our moves based on what happens in the market. All of this is a good thing. Forex activity for Jan 2 and next optimum time to look for it is January 8th after it closes on Friday. Anything can happen between now and then, so it is sheer pins and needles, excitement and joy just waiting for this to happen and come on through. We are starting to hear some bits and pieces of some things. The last one was just some people misinterpeting the rates. We have some bank story situations that are awaiting confirmation and sounds very good letting us know this is going to be a good deal. Even if Forex were to update overnight and it shows up it is all good because most of us or all of us should know what we are going to do when it does pop out. When the rates change and the banks says OK $3.70 come on and get it, we might or might not. It might depend the team you are on. The rest of us will go get it, but the team best of us will go work it. There is a difference between both. Getting it means see you later. Ease on down the road. Working it means you take advantage of it and put it to work to make it produce even more. That's your choice to make! When it finally happens, Are you Ready? What move are you going to make, and why are you going to make it? Happy New Year Team Best of Us and Happy New Year to Team Rest of Us. Either way we are winners and that is the Beauty of this. All we had to do is keep breathing and wait it out, and we could only come out in one way. That is Winning, and that is what I Believe! What do you Believe?Rayren98
 
 
Forex Rates
 
 
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,167.1000  1,216.9000 1,167.5000 1,167.1000 1,167.5000  -0.4000 07:11
 USD/VND  22,675.5000  22,745.5000 22,675.5000 22,385.0000 22,385.0000  290.5000 07:11
 USD/CNY  6.4955  6.4975 6.5089 6.4870 6.5013  -0.0058 07:11
 USD/KWD  0.3006  0.3026 0.3014 0.3004 0.3009  -0.0003 05:02
 GBP/USD  1.3556  1.3557 1.3556 1.3509 1.3511  0.0046 07:11
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  13,409.0000  13,421.0000 13,478.0000 13,405.0000 13,465.0000  -56.0000 07:09
 
 
 
 
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DC NY Iraq Articles:

Rafidain Bank issues the MasterCard card to international journalists

04/01/2018
(Independent) ... The Rafidain Bank, on Thursday, branches in Baghdad and the provinces to facilitate the procedures for granting the MasterCard card International journalists.
"The bank's branches were directed to issue the MasterCard card to journalists," the bank's press office said in a statement.
"Journalists can go to any branch and bring in personal documents to issue the card to them shortly," the office said.
Rafidain Bank announced on December 23 that it was considering the possibility of covering journalists with personal advances granted by the bank.
Baghdad / Al-Ghad Press:
The Committee for Projects faltering, on Thursday, discussed with the investment bodies of Baghdad and Najaf causes of projects lagging since 2009 and the mandate to resolve quickly.
The committee said in a statement received "Al-Gharab Press" a copy of it, "The Chairman of the Supreme Coordination Committee between the provinces, Turhan Mufti, the meeting was held in the presence of an investment body Baghdad and Najaf, representatives of the Ministries of Finance and reconstruction, housing and municipalities," noting that "the Committee discussed with the bodies causes of projects The weak and the state resolved. "
 

"The meeting stressed the importance of resolving all investment projects in Najaf and Baghdad, and follow-up projects under implementation, to be completed on the dates set for them, and not delayed, pointing out that" the Committee recommended to address the relevant authorities concerned with the land allocated for investment projects in the two provinces. "
It is noteworthy that the Committee from time to time, hosting a periodic heads of provincial bodies to discuss the reasons for the delay of projects, and facilitate the completion of administrative transactions with the objective of ending the file of investment projects lagging.

Customs reports last year imports rise more than double from 2016

 
Date of release: 2018/1/4 13:12 • 26 times read
 
The General Authority for Customs announced its revenues from the customs fees for the year 2017, reaching trillions and 230 billion dinars higher than the customs revenues of 2016, which amounted to 647 billion dinars.
"The process of customs reform is not an easy task in light of the challenges facing the Commission, but it is not impossible with the prime minister's strong will to fight corruption and simplify procedures," the agency said in a statement to its press office.
"The technical preparations were completed under the supervision of the Office of the Prime Minister and support of {UNDP} to start the adoption of the comprehensive e-customs system, which will improve the efficiency of collection and achieve justice in the application of fees and cut the way for the corrupt."
She added that "the problems that get rid of imported goods to the multiplicity of parties at the border crossings and the collapse of infrastructure and the lack of minimum requirements for the basic work of the customs administration as well as the lack of modern equipment for the detection of containers and detection of drugs.
She added that "there are shortcomings in the procedures followed by the technical bodies working in the forefront of the Central Organization for Standardization and Quality Control for delay in the examination procedures on the models of imported materials and the establishment of regional laboratories close to border crossings."
The Customs Authority called on all government agencies present at the border crossings to assume their responsibilities without giving them the responsibility of the customs administration, whose duty is limited to the implementation of laws, decisions and instructions issued by the relevant authorities.

Muthanna water reveals the reasons for the salinity of water supplied to homes

 
Release date: 2018/1/4 13:25 • 8 times read
 
{Muthanna: Euphrates News} The Directorate of Muthanna water returned the reasons for the salinity of water supplied to the homes to feed the water of the Rumaitha River, which is the main source of drinking water from the channel «strengthening reinforcement» related to the Euphrates River, while called for the Ministry of Water Resources to increase the share of the province of the river Hilla to secure water Drinking for residents of the province.
"The Directorate of Water Resources in the province was forced to feed the water of the Rumaitha River from the Euphrates River, where the salinity is high within the governorate limits," Director General Mohammad Talib said in a press statement. "Most water pumping projects are currently dependent on salt water."
"The problem will only be solved by increasing the province's share of the Hilla River, which needs intervention by the Ministry of Water Resources," he said. is over

Iraq: Government plan to transfer powers to liberated governorates

The Iraqi Council of Ministers decided yesterday to prepare a gradual plan to transfer powers to the liberated provinces during 2018.
The Secretariat of the Iraqi Council of Ministers - in a statement published by the Iraqi Information Agency (conscious) yesterday that the Council of Ministers decided to prepare the Supreme Commission for Coordination between the provinces a gradual plan to transfer powers to the liberated provinces during 2018 after the completion of the requirements for the restoration of stability in the three provinces, , Salahuddin, and Anbar ».
She added that regular meetings of the provincial councils in the same province for four months after the enactment of the federal budget law for the fiscal year 2018.
 
Railways: New Year will see a distinct start with neighboring countries
 
 
Release Date: 2018/1/3 16:21 • 38 times read
(Baghdad: Al-Furat News) The new year 2018 marks a new and distinct start for the Iraqi railway with a number of neighboring countries.
"The new year 2018 will see a new and distinct start of the Iraqi railway with a number of neighboring countries to serve the movement of movement between Iraq and those," said Salam Jabor Saloum, Director General of the Iraqi Railways. States with regard to passengers and goods ".
"At the request of the Iraqi-Saudi Coordinating Committee and the Transport, Border and Ports Committee, headed by Minister of Transport Kazem Al-Alami, we have identified the initial route to link a railway plan from the Samawa railway station to the Saudi border." The committee assigned Iraqi engineers and surveyors. The coordinates, specifications and requirements were specified. Project executable on the ground ".
He stressed that "within the investment projects and linking the province of Basra with Shalamjah distance of 32 km and that the Iranian side adopts the theme of design and construction of the bridge on the Shatt al-Arab, there are several Iranian companies willing to invest and there are meetings to be held in early 2018, and will adopt the best means of work and implementation, Iraqi iron designs and the point of linkage across the Mundhir and there are full studies in this regard. "
As for the rail link with Turkey, Salloum said that "studies in the railways and designs project connector - Duhok - Zakho and this passes through the Kurdistan region was handed over to the Turkish side of the designs with the designs prepared by the company Jekiya, and there are contacts by the Turkish side in the discussion through A joint meeting to choose the appropriate ways in a meeting in late January. "
As for Syria, he explained that "there is a current link in the international transport from spring to Syrian Arabiya and then to Qamishli and to other provinces and this is suspended due to events and we have discussions with the Director General of the Syrian Railways waiting for improvement of the situation and resume transport, To Abu Kamal and from Deir Al-Zour to Albuqamal, which depends on the improvement and stability of the security situation in it, which will take precedence in the reconstruction and rehabilitation of the Mosul-Rabia sector because it serves the people of Nineveh province and service to our northern province under the guidance of Minister of Transport Kazem Cup Alhamami in the process of reconstruction and rehabilitation of our province Gaza and after the launch and expansion with neighboring countries to serve the reality of rail transport.

Kauaihn Iraq Articles:

The government reveals "great facilities" for investors in Iraq

 January 4, 2018 Comments on the government reveal "great facilities" for investors in Iraq closed 23 visits
BAGHDAD / SNG - Secretary-General of the Council of Ministers Mahdi Al-Alak expressed the government's intention to provide "great facilities" for investors wishing to work in Iraq.
A statement from the General Secretariat of the Council of Ministers received a copy of SNG that the relations "received the Ambassador of Azerbaijan to Iraq, Ramez Ghafarov, at his workplace today, and congratulated the new ambassador to take over the post and his work in Iraq."
For his part, Mr. Ghafarov congratulated the Iraqi government and its people on the occasion of the final victory over terrorism, stressing his country's support for Iraq in a post-urging period.
The Azerbaijani Ambassador reviewed the history of the relations between the two countries, expressing his country's desire to continue and strengthen these relations in the fields of agriculture, tourism, industry and education, and to continue the serious and unprecedented deal in the reconstruction phase. Campaign of reconstruction and investment in Iraq, after the elimination of the terrorist prodigy. "
"The investment opportunities in Iraq are great for the enjoyment of human and natural resources, in addition to the great potential, , Which will be a large package of facilities for investment in Iraq.

Jubouri: The most important thing to include in the stage of completing victory victory over corruption

January 4, 2018 Comments on Jubouri: The most important thing to include in the stage of completion Victory victory on corruption closed 4 visits
BAGHDAD / Parliament Speaker Salim al-Jubouri on Thursday stressed the need to include the "war on corruption" in the list of the stage of completing the victory on the organization of "Daash", stressing the face of the economic situation with an open mind.
"We offer congratulations to the Iraqi people, especially the Christian brothers, by the new year," Jubouri said during the opening session of the parliament session.
"The first legislative term in the first legislative year was held and terrorism was progressing at a frightening pace," he said. "Today, with the last chapter, the danger of Iraq has been removed and it has been lost in the hands of Iraqis. The confrontation with all their sects, nationalities, religions and orientations one hand and one heart. "
He pointed out during the opening session that "the most important thing to include in the list of the stage to complete the victory is the war on corruption and face the economic situation with an open mind and achieve coexistence."
Al-Jubouri said that "Iraq was not, despite all the concerns away from the issues of the nation and the world, he expressed honestly and principlely support for the issue of Jerusalem and its refusal to prejudice its identity. The Parliament had a speech at the Arab Parliaments Summit in Rabat and the meeting of the Troika Conscience and conscience and the vision of the people of Iraq as is the position of the Iraqi government is exactly the same as your position. "
The Speaker of the House of Representatives "one of the most important legislation required achievement during the short period is the budget law as well as the resolution of the election law to achieve its goal and ensure the participation of all Iraqis," stressing that "this session requires exceptional mobilization and unlimited cooperation to carry out this task."
The House of Representatives held on Thursday its first session of the last legislative term under the chairmanship of Salim al-Jubouri and the presence of 170 deputies. The meeting is scheduled to witness the hosting of the members of the Board of Commissioners in the Electoral Commission and the first reading of the proposed law of the first amendment to the anti-terrorism law

Ministry of Oil: 1 billion and 207 million barrels of oil exports for 2017

04-01-2018 12:33 PM

The Ministry of Oil announced on Thursday that the total oil exports for the year 2017 amounted to 1 billion and 207 million barrels, noting that 44 international companies bought Iraqi crude oil
The Ministry of Oil Marketing (SOMO) of the ministry said in a report posted on its website that 'the total oil exports for 2017 amounted to one billion and 207 million and 55thousand barrels', indicating that' the monthly export rate of 100 million and 629 thousand barrels and the rate of 3 million and 246 thousand barrels per day 

The statement pointed out that 'the revenues from sales of crude oil amounted to 59 billion and 552 million dollars and the rate of 4 billion and 962 thousand dollars per month', indicating that 'the average monthly selling price of crude oil reached $ 49 and 214 cents'
The statement added that 'the total oil exports from the ports of Basra amounted to one billion and 201 million and 823 thousand barrels, while the rates of oil exports across the northern line five million and 800 thousand barrels per month

Oil hits record high and rises to $ 68 a barrel
In the January 4, 2018 economy comments on oil records the highest level and rises to $ 68 a barrel closed 17 visits
BAGHDAD (Reuters) - Oil prices hit their highest levels in more than two and a half years on Thursday, reaching levels not seen since the beginning of the commodity market downturn in 2014-2015, backed by tensions in Iran, major producers, .
London Brent crude <LCOc1> was up 32 cents, or 0.4 percent, at $ 68.14 a barrel, after hitting its highest since May 2015 at $ 68.19 a barrel earlier.
A significant reduction in temperatures in the United States also stimulated demand in the short term especially on heating oil.
"Obviously, the market is getting more optimistic about oil as stock levels approach five-year average," said William Olofflin, investment analyst at Refin Securities in Australia.
"The geopolitical fiasco of Iran, OPEC's third largest producer, also contributes to price support as citizens protest against the government again," he said.
Events in Iran in recent days have not affected the country's crude oil production.

The Iranian currency is falling against the dollar as protests intensify

03-01-2018 03:10 PM 
The price of the US dollar against the Iranian currency, to a high level in light of popular protests in the country, while closed most exchange shops in a number of areas where ongoing demonstrations.

The exchange rate of one dollar against the Iranian currency 43000 riyals, according to the newspaper "Verhechtgan" reformist Iran, on Monday.

The sale price of the dollar before the protests, was 41500 Iranian riyals.

The Tehran Stock Exchange index lost about 2,400 points due to the country's protests against the government, the paper said in a report.

On the other hand, the news agency "Tasnim" Iran, that the rise in the price of the dollar "linked to the new year of the new year, which is growing demand on a large scale with the desire of some Iranians to leave the country abroad because of birthdays 

The Central Bank is asking exchange companies to deposit 100 million dinars in the insurance account

The central bank on Wednesday called on brokerage companies to sell, buy and exchange foreign currency in order to deposit 100 million dinars instead of the letter of guarantee in its dealings with the bank.
According to a document issued by the bank, "The Central Bank decided on the basis of the decision of the Board of Directors of exchange companies to deposit a hundred million dinars in the insurance account with the Central Bank instead of providing letters of guarantee."
"The payment will be by notice of the payment system ( RTGS ) of the same amount from the bank account with which these companies are working for the central bank," the document said.
"The decision obligates the companies to complete this decision, ie the deposit of 100 million dinars at the end of January
 
Kauaihn Economic Times:
 
ECONOMIC TIMES / CHATTER

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GLOBAL/NEWS/INFO







Wayne T. Essex Essex and Associates Inc.
January 3, 2018

The most sweeping tax overhaul in three decades will make big changes to how families pay their taxes. The bill lowers tax rates for all income groups, but caps or eliminates many popular deductions.

The new tax reform bill is now law, and taxpayers can expect a lot of changes to take place in 2018. Reduced tax rates, higher standard deductions, and higher child tax credits for families are just a few of the perks that individual taxpayers will see next year.

To pay for these tax breaks, however, lawmakers took away many deductions that millions of taxpayers had used every year to reduce their tax bills. The ten deductions we'll discuss are just some of the popular provisions that will disappear, and taxpayers will have to work closely with their tax advisor and examine their own personal situations to see whether other, less common deductions are also going away.

1. Personal exemptions
The biggest move that the tax reform bill made was to take away personal exemptions, which generally allowed taxpayers to reduce their taxable income by $4,050 per person. Many policymakers argued that the personal exemption was essentially merged into the standard deduction, but the rise in the standard deduction under tax reform wasn't large enough to compensate for the loss of personal exemptions for some taxpayers (especially the families with three or more dependents).

2. Home equity loan interest
Mortgage interest on purchase loans is still deductible under tax reform up to $750,000, but the deduction for interest on home equity loans becomes nondeductible once 2018 begins. Unlike with purchase loans, there's no grandfathering provision for existing home equity loans, so for those for whom the deduction is important, looking at potentially repaying those loans sooner than expected might be worth considering (I am a fan of getting your house paid off).

3. Moving expenses
Taxpayers won't be allowed to deduct moving expenses, as they can for 2017. To be deductible, a move had to be motivated by a job change, with the new job being at least 50 miles further from where you used to live than your old job was. The best thing about the moving expense deduction was that you didn't have to itemize deductions to get it, but it will be gone for 2018 and beyond (ask your new employer to reimburse you for the moving expense).

4. Casualty and theft losses except in disaster areas
Casualty losses under old law were eligible as itemized deductions to the extent that they exceeded $100 plus 10% of your adjusted gross income. Events included not only natural disasters but also fires, robberies, and other qualifying occurrences. The new law now preserves the deduction only for disasters for which a presidential disaster area declaration was made (Less than one percent of people took advantage of this deduction anyway and many times it was challenged by the IRS).

5. Job expenses
Money you spent on certain job costs, such as license and regulatory fees, required medical tests, and unreimbursed continuing education, was available as an itemized deduction to the extent that it and other miscellaneous deductions exceeded 2% of your adjusted gross income. (Now, you won't be able to deduct these costs anymore, making it even more worth your while to try to get your employer to pay them on your behalf.)

6. Subsidized parking and transit reimbursement
Employees were eligible under old tax law to get up to $255 per month from their employers to subsidize parking costs or transit passes. Workers didn't have to include those perks in income, and companies could deduct it. Now, the corporate deduction for that cost will go away, and that could lead some businesses to stop offering those programs to workers (most employers did not offer this benefit anyway).

7. Tax preparation fees
Just like job expenses, costs to have your taxes done were also available as miscellaneous itemized deductions. That won't be the case anymore, and any costs for tax preparation will be nondeductible in 2018 (unless you own a small business, those tax fees are still fully deductible).

8. Other miscellaneous deductions
A host of other miscellaneous deductions subject to the 2% AGI limitation will all be gone in 2018. These include investment fees and expenses, convenience fees for using a credit or debit card to pay your taxes, and trustee fees for an IRA if paid separately.

9. Donations to colleges in exchange for athletic event seats
One controversial provision allowed donors to give money to colleges and deduct the full amount, even if they got back tickets or seating rights to athletic events. That perk will go away, and donors will have to reduce their deductions by the value of those tickets (how did this originally ever became a tax deduction?)

10. Alimony will be deductible in 2018. This deduction remains in effect through 2018 before disappearing for those divorced in 2019 or after (some on the congress tax committee, who wrote this provision, must still have to pay alimony in 2018).

OIL/COMMODITIES/ENERGY


Crude prices get fresh lift from extended Iran unrestMarketWatch
Oil prices tick up Wednesday on the back of ongoing antigovernment protests in Iran. Read the full story

Crude Oil Gains In Asia As Geopolitical Tensions Stoke MarketsInvesting.com
© Reuters. Crude gains in Asia Read the full story

Gold extends win streak to trade at highest since mid-SeptemberMarketWatch
Gold climbed for a ninth session in a row on Wednesday, trading at its highest since the middle of September, as safe-haven demand for the precious metal supported prices even as the bruised dollar stabilized. Read the full story

Gold Prices Ease after Hitting 3-Month HighsInvesting.com
© Reuters. Gold eases after hitting 3-month highs Read the full story

Gold Prices Gain In Asia As Geopolitical Tensions Aid BuyingInvesting.com
© Reuters. Gold gains in Asia Read the full story








BANKS/BANKING/CREDIT


Opinion: The blockchain economy is coming, with or without bitcoinMarketWatch
Cryptocurrency is on its way to being the preferred payment for goods and services, writes Atulya Sarin. Read the full story


Former UBS trader says bank ordered Libor rate discussion in FCA ban caseHITC
A former UBS trader barred from financial markets for his part in the Libor fixing scandal has today started an appeal against the Financial Conduct Authority’s (FCA) ban, saying the Swiss investment bank bears the responsibility. Read the full story

JPMorgan leads again in Europe, as equity deals drive a revenue riseMarketWatch
Investment banking fees in the region rise, as equity deals make up for an M&A slump, to provide a bright spot in a disappointing year for some of the world’s largest lenders. Read the full story

How to get highest rate on savings – Money Saving Expert Martin Lewis reveals top accountsDaily Star
SWITCHING bank accounts could mean you make more on your savings this year. Read the full story

Bankers to burn midnight oil ahead of 'MiFID' dawn
Reuters
Bankers will work through the night to iron out last minute hitches before Wednesday's launch of a major reform of European Union financial markets that aims to apply lessons from the financial crisis nearly a decade ago. Read the full story

A slew of new financial rules could make the big European firms even biggerQuartz
Starting today (Jan. 3), Europe’s traders will have to contend with thousands of pages of new rules that will radically change transactions in everything from… Read the full story

China central bank can tell local governments to regulate bitcoin miners' power use: sourceReuters
China's central bank told a top-level government internet finance group that the monetary authority can tell local governments to regulate the power usage of bitcoin miners to gradually reduce the scale of their production, a source said. Read the full story


TREASURIES/BONDS/STOCKS
World stocks smash new records as New Year party rolls onReuters
World stocks hit fresh highs on Wednesday with European markets joining the party as early indications suggest 2018 will be another year of synchronized global growth led by a robust European economy. Read the full story

Dow flirts with fresh records as traders wait for Fed minutesMarketWatch
U.S. stocks are looking at another upbeat session on Wednesday, with the Dow average set to power to fresh records ahead of the latest Federal Reserve minutes that could provide hints on the number of 2018 rate rises. Read the full story



Top 5 Things to Know in the Market on WednesdayInvesting.com
© Reuters. 5 key factors for the markets on Wednesday Read the full story

INSURANCE/HEALTH
Car insurance prices rise 35% in five years | Motoring ResearchMotoring Research
Car insurance premiums have been rising almost non-stop for the past five years, with one price comparison website putting the increase at 35 percent – that’s almost a £200 rise in the cost of the average annual car insurance premium since 2012. The average price paid back in winter 2012 was £559, reveals Comparethemarket.com. During the last three months of 2017, this had rocketed to £758 – and there may yet be more increases in store, warns the firm’s director, Stuart McCulloch. A big factor Read the full story

Ecommerce Giant Amazon May Invest In Insurance Startup AckoInc42
Ecommerce giant Amazon is in final stages of closing an investment in online-only insurance startup Acko. As per an ET report, the deal will see Amazon co-create financial products with Acko besides being a distributor. The ecommerce major is likely to come on board Acko, as part of a new financing round of about $15.77 Mn (INR 100 Cr). As per people close to the matter, Flipkart was also in the fray to pick up investment in Acko but the talks fell through. When the investment goes through, Read the full story

Dry January: What is it and how beneficial can it be?ABC News
ABC News' Dr. Jennifer Ashton is giving up alcohol for January. Read the full story

Storm Eleanor damage: what your insurer will and won't coverThe Telegraph
Storm Eleanor, which swept across the country overnight carrying heavy rain and winds of up to 100mph, has left thousands of homes without power and caused substantial damage to property. Read the full story

This is one way to save money and burn caloriesMarketWatch
Skip the pricey gym membership and do your workout in the great outdoors. Read the full story





CRYPTO'S / DIGITAL CURRENCY
Banks ‘banning bitcoin accounts’news.com.au
AUSSIE banks are reportedly blocking customers attempting to purchase cryptocurrencies like bitcoin and even shutting down accounts. Read the full story

Opinion: Bitcoin could have been so much more than a foolish speculationMarketWatch
Consumers need a cryptocurrency with a fixed exchange rate, writes Gary Smith. Read the full story

Opinion: The blockchain economy is coming, with or without bitcoinMarketWatch
Cryptocurrency is on its way to being the preferred payment for goods and services, writes Atulya Sarin. Read the full story

Ripple coins soar to record — quietly stalking bitcoin for crypto dominanceMarketWatch
The virtual currency known as Ripple coins soars to a record on Wednesday, solidifying a rally in the world’s No. 2 digital asset and closing in on bitcoin for likely dominance of the nascent industry. Read the full story

A Simple Guide for How to Buy BitcoinFORTUNE
Bitcoin mania doesn’t seem to be waning. People are even mortgaging their homes to pour money into the cryptocurrency that started out 2017 being worth $1,000. By Nov. 20 the price of Bitcoin had set a new record, passing the $8,000 mark. On the last day of the year, the value of Bitcoin was $14,129 per coin. Perhaps you too want to invest in Bitcoin—but you’re not really sure how. Here’s a guide. To be clear, this is not an endorsement for any cryptocurrency, Bitcoin, Ethereum, Ripple or Read the full story






CURRENCIES






The world is refusing to kill off the dollar as its reserve currencyBusiness Insider UK
The Chinese yuan in 2015 took a important step towards becoming a major global reserve currency when the IMF added to its currency basket, the Special Drawing Rights. But central banks worldwide are still guarded about the currency. The dollar and euro combined account for 83.5% of the allocated foreign exchange reserves. That doesn’t leave much room for other currencies. Central banks are leery of the newly arrived Chinese yuan. Over the decades, there have been a number of efforts to deflate Read the full story

Dollar breaks 5-day losing run, but analysts remain downbeatMarketWatch
The dollar halts its recent selloff on Wednesday, with a key dollar index breaking a five-session losing streak as traders waited for the latest update from the Federal Reserve. Read the full story

Forex - Dollar Holds Onto Modest Gains Vs. Other MajorsInvesting.com
© Reuters. Dollar remains moderately higher with eyes on Fed minutes, U.S. data Read the full story

Canadian dollar climbs as greenback falls, oil nears 2 1/2-year peakThe Globe and Mail
Loonie at 79.74 U.S. cents Read the full story

Forex - Euro Eases after Rally, Dollar Pushes HigherInvesting.com
© Reuters. Euro eases after rally, dollar pushes higher Read the full story

Forex - Aussie, Kiwi Edge Lower Against GreenbackInvesting.com
Aussie and kiwi slip vs. greenback in late trade Read the full story

Forex - Aussie Down In Asia, Dollar Up As Geopolitical Tensions WorryInvesting.com
Dollar gains in Asia Read the full story




Rupee scales back from 29-month high, trades lower against US dollarLivemint
Mumbai: The Indian rupee opened marginally lower against US dollar on Wednesday, retreating from over 29-month high it scaled on Tuesday. Read the full story

Forex - PBOC Sets Yuan Parity At 6.4920 Against The DollarInvesting.com
Yuan parity Read the full story
USA/CANADA
President Trump Is Developing a Missile That Would Break a Nuclear Arms Treaty With RussiaTIME
W.J. Hennigan covers the Pentagon and national security issues in Washington, D.C.. He has reported on war, counter-terrorism, and the lives of American service members from more than two dozen countries. Buried inside the mammoth $700 billion defense bill President Donald Trump signed last month is a relatively miniscule $25 million to fund development of a new road-mobile, ground-launched cruise missile. The program could be easily overlooked amid the Christmas list of military hardware the Read the full story


A ‘Bomb Cyclone’ Forming off the East Coast Could Bring the Coldest Temperatures in 100 YearsTIME
Worcester, Mass. is forecast to be colder than Fairbanks, Alaska Read the full story



Democrats Outline Demands as Threat of Shutdown Looms
The New York Times
Democrats are pushing for funding for children’s health care and protection for young undocumented immigrants, among other priorities. Read the full story


EMERGING MARKETS
Emerging markets are set for an even bigger rally in 2018, says one technicianCNBC
The emerging market rally is far from over, according to one technician's charts. Read the full story

Petrobras to pay $3bn to end US class action over graft - News for the Oil and Gas SectorEnergy Voice
Brazil’s state-run oil producer Petrobras agreed to pay $2.95 billion to settle U.S. class-action lawsuits over a massive corruption scandal that has damaged its market value. The deal will end a three-year legal battle with investors in Petrobras’ American depositary receipts and bonds who claim they incurred large losses after Brazilian prosecutors exposed a wide-ranging money-laundering and kickback scheme involving the company in 2014. The settlement, which needs to be approved by a U.S. Read the full story

Report: China's Didi to buy Brazil's 99 in $1B deal to take on Latin AmericaTechCrunch
A year ago, Didi made a big move into Brazil when it laid down over $100 million to take a stake in 99, a local competitor to Uber in the app-based ride hailing market. Now, on the heels of getting a massive $4 billion investment of its own, it appears that Didi is looking to double down the Latin American region. According to several local reports, Didi is buying up 100 percent of the Brazilian ridesharing startup, in a deal that values 99 at $1 billion. ... Read the full story

Audi To Adopt New Design Language For Emerging Markets - NDTV CarAndBikeNDTV
The first ones started off with the new generation Audi A8 sedan and the upcoming Audi Q2. Read the full story

Emerging markets sailed through storms in 2017. What next?Reuters
After a year of double-digit returns, one of the key questions for emerging markets in 2018 is whether they will continue to be insulated from one another's crises. Read the full story

MIDDLE EAST

Pakistan, China to transact bilateral trade in yuan - The MainichiThe Mainichi
ISLAMABAD (Kyodo) -- Pakistan's central bank Tuesday announced that the bilateral trade between Pakistan and China can be transacted in the Chinese yuan which would go a long way in promoting economic ties and trade. Read the full story

End of tax-free Saudi Arabia and UAE: Shock new hikes unleashed by Arab states
Express
BOTH Saudi Arabia and the United Arab Emirates have introduced a new value-added tax to boost non-oil income and lessen the fiscal deficits caused by years of low oil prices. The introduction of a new five percent VAT on most goods and services was implemented on January 1. Speculators consider it a drastic move as the two allied countries have enjoyed tax-free living for residents and most businesses for decades. Some sectors have avoided VAT such as health, education and public transport. Also Read the full story

6 ways life in Saudi Arabia will change in 2018
CNN Money
Social and economic change is coming thick and fast to Saudi Arabia as the deeply conservative kingdom tries to wean itself off oil. Read the full story

Israel passed a new law virtually eliminating any chance of peace, right before Trump blamed the Palestinians
Business Insider
A man blows a horn in front of Jerusalem's disputed Temple Mount. Israel passed a law which will make negotiations with the Palestinians tougher. The new bill requires a 2/3 parliamentary majority to divide Jerusalem, which is a central Palestinian demand for peace. At almost the same time, US President Donald Trump threatened to cut off aid money to the Palestinians, saying they aren't interested in peace. Trump recently took Israel's side by formally declaring Jerusalem their capital. Israel Read the full story

Netanyahu Allies Rethink Remapping of Jerusalem
The New York Times
As lawmakers threw up obstacles to a two-state solution, they dropped an idea to make it easier to redraw the Jerusalem map to exclude Palestinians. Read the full story

AFRICA

Africa: 'Islamic State' Seeks New Foothold in AfricaAllAfrica
(Photo: This Day) After the terrorist organization al Qaeda, now the so-called "Islamic State" is trying to expand its influence in Africa. Military means alone are not enough to fight it. French President Emmanuel Macron found clear words on terrorism in Africa during his recent visit to Niger. "The fight is not won today," Macron said. Within the next few months, one thing was needed above all: "Clear victories for our armed forces against the terrorists." In Niger, as with most other Read the full story

Zimbabwe: Violence Rocks MDC-T's Harare HQ, Zanu-PF Youths BlamedAllAfrica
VIOLENCE rocked the MDC-T's Harvest House headquarters in Harare Tuesday evening with the opposition party immediately blaming ruling Zanu PF party youths for the clashes. The attackers allegedly fired live bullets and reportedly smashed windows at the building, causing panic as passers-by ran for cover. Shops along Nelson Mandela and Angwa streets were also forced to close earlier than usual because of the violence. Police spokesman Chief Superintended Paul Nyathi however professed ignorance Read the full story

Kenya: Key ICT Influencers for 2018AllAfrica
The year 2017 is over and done with. I often review the key ICT events of the previous year but this time I want to flip this around and instead highlight key global events that will shape the local Kenyan ICT scene in 2018. One such event happened last month when the US communication regulator, the Federal Communication Commission, revoked what is known as Net Neutrality rules instituted during the Obama administration. Proponents of Net Neutrality advance the view that the internet should Read the full story

Nigeria Stock Exchange 2017 - How Companies' Values Fell, RoseAllAfrica
(Photo: Premium Times) For the second year running, Forte Oil maintained its leadership as the worst performing stock on the Nigerian Stock Exchange, NSE, in 2017 in percentage terms. Statistics obtained by the News Agency of Nigeria from the exchange indicated that the stock, which opened trading in 2017 at N84.43, dropped by 48.50 per cent to close the year at N43.48 per share. NAN reports that Forte Oil in 2016 also emerged the worst performing stock in 2016 in percentage terms having dropped Read the full story

Zimbabwean 'Bio-Refinery' Aims to Convert Waste to PowerAllAfrica
Zimbabwean 'Bio-Refinery' Aims to Convert Waste to Power Budding entrepreneur Tawanda Chitiyo has put together a team of experts that came up with a formidable project plan to build what he termed a 'bio-refinery' in Mutare, producing gas, electricity and diesel from human waste, at a cost of U.S.$10 million Zimbabwe:Firm to Build Bio-Refinery, 3MW Plant in Mutare Read the full story





ASIA

Asian Shares Gain With Shanghai Up Almost 1% Despite Trump Nuclear TweetInvesting.com
© Reuters. Asian shares up Read the full story

China says hopes U.S. can create level playing field for Chinese firmsReuters
China said on Wednesday that it hopes the United States can create a level playing field and a predictable environment for Chinese enterprises. Read the full story

The nuclear war tweet heard 'round the worldCNN
The world's most powerful man ignited a stunning new showdown with North Korea late Tuesday, as Donald Trump boasted to volatile leader Kim Jong Un that he had a "much bigger & more powerful" nuclear weapon. Read the full story




EUROPE







Britain interested in joining Trans-Pacific trade deal after Brexit: FTReuters
Britain is interested in joining the Trans-Pacific Partnership trade bloc after it leaves the European Union, the Financial Times newspaper said. Read the full story

Brexit Bulletin: The Predictions EditionBloomberg
As we head into the year that will make or break Brexit, here’s a look at how the political and economic conundrum could be solved, further complicated – or even abandoned in all but name. Within 10 months, the British government and the European Union aim to have an agreement on their divorce and at least the outline of their future trading relationship. They have different ideas about what Brexit should look like, but also on how the talks themselves should be structured and what they can Read the full story


The Year That Makes or Breaks BrexitBloomberg
This is the year when the biggest political and economic conundrum to face the U.K. in modern times will be solved, further complicated or even abandoned in all but name. Within 10 months, the British government and European Union aim to have an agreement on their divorce and at least the outline of their future trading relationship. They have different ideas about what Brexit should look like and different views on how the talks themselves should be ordered. Then there are the divisions within Read the full story

Stocks - European Markets Open Higher, Financial Reforms On TapInvesting.com
© Reuters. Frankfurt Stock Exchange Read the full story

 
d

Blessed and Highly Favored
 
CBI Update:


CBI Update:
The CBI for Thursday, January 4, 2018 did update on the indicative rates and the sell rate for the USD is 1184. The currency auction results of the sale of foreign currency on Sunday, January 7, 2018 and implemented on Thursday, January 4, 2018 is 161,778,091. There is one updated news and announcements for Thursday, January 4, 2018 as follows:
 January 04, 2018
Launch of the Empowerment Initiative
Launch of the Empowerment Initiative
In order to support community and humanitarian projects, the Central Bank announces the launch of Tamkeen ,
{Baghdad: Al Furat News} The Central Bank of Iraq announced the launch of Tamkeen initiative to finance various activities and projects of humanitarian, environmental, cultural and youth talents.
"In order to support community and humanitarian projects, the Central Bank announces the launch of the Tamkeen initiative, which aims to support and finance various activities, humanitarian, environmental and cultural projects and youth talent to cover," said Director of the Information Office of the Central Bank of Iraq, Acer Jabbar. The largest number of projects and community activities and stimulate volunteerism. " 
"It was agreed to specify monthly contributions by banks and exchange companies and the formation of a joint board to manage the fund consisting of the central bank and shareholders in the fund." 
He pointed out that "
The Director of the Information Office that "the Board of Directors of this fund will provide the requirements of transparency in directing these contributions and a high degree of management and management, and can contribute or query contact csr@cbi.iq ."

ISX Update:
The ISX latest update is Shares Traded is 544,614,073 and Value Traded is 587,338,296. The ISX ended in GREEN.

TNT Tidbits:


"Expecting the Release" - Wed. PM TNT Thoughts


Gtcnote:

So it's not done....and been said done for over a year.

Yada:
gtcnote,,you miss the point of "its done",,,it's done regarding the rv and Iraq,,the people are walking around with their debit cards and have increased spending power on them.,,we are awaiting the release of the international rate,,not just in the US but all over,,expecting the release with next down time of the market to the reopening or this weekend,,,

Hosackr:
Weren’t the Iraqis going to have the rate to themselves for about ten days? How long have they had the rate on their cards - at the street level?

JCNoble:
hosackr Tony announced it Christmas night.

Hosackr:
this was put out here way back that they’d have it alone and enjoy it for a period of time before the whole world. I’ve heard from 4 to 10 days. Just wondered how long they’ve had it on their cards

JcNoble:
today would be the 10 day

Bearfoot:
My opinion: The world will blow up if they release it when the markets are open.

Jacksmits:
bearfoot it won't....aside from the specific markets dealing with it who will be totally buzzing, the rest of the world markets will feel it like a little groundswell and a little impetus...most won't even know about it....like even us with the Kuwaiti dinar when it happened
Blogs:
Aggiedad77 (KTFA)

THE IRAQI BALL IS STARTING TO ROLL RATHER CONSISTENTLY IMO…WHO HAS NOTICED OVER THE PAST 24-36 HOURS THAT ABADI HAS SPOKEN MORE AND MORE AND IT IS AS THOUGH HE IS POINTING TOWARDS A BRIGHT STAR…A STAR THAT LEADS IRAQ…AND IMO IT IS NOT IRAN…THEY HAVE THEIR OWN SELF-MADE TROUBLES…IRAQ IS RISING…ABADI IS WITHSTANDING ALL THE GARBAGE THROWN HIS WAY AND HE WILL LEAD HIS IRAQI CITIZENS INTO A NEW FUTURE...WAIT......WAIT.....WAIT…AS YOU WOULD FOR A FINE WINE…AS YOU WOULD FOR A PEACH TO RIPEN…AS YOU WOULD FOR THE COFFEE BEAN TO BE JUST RIGHT TO BE THE BEST…ABADI KNOWS THE PROCESS, WE MUST NOT HASTEN…INSTEAD PREPARE YOURSELF...

ZAP's Mid-Week Report - The Office of POOFness - 1.3.18

"The Office of Poofness"

MID WEEK BY ZAP from "The Office of Poofness" 1/03/18

Zap Says


HI ALL

THIS IS THE FINAL LEG OF THE JOURNEY MANY OF US HAVE UNDERTAKEN. AT THE END OF THIS LEG, WE WILL HAVE ALL THE RESOURCES WE NEED TO BEGIN THE WORK THIS WORLD NEEDS TO SURVIVE, AND WHAT WE NEED TO EVOLVE OUT OF THE OLD STUFF INTO THE NEW PARADIGM.

YOU WILL BE HEARING MANY RUMORS OF THIS AND THAT ON THE CURRENCY AND THEN THE BONDS, BUT JUST REMEMBER THAT THE CIRCUS IN BETWEEN NOW AND WHERE WE WILL BE IS JUST THE NOISE WE HAVE TO GO THROUGH, AND IT DOES NOT AFFECT THE END RESULT.

UNFORTUNATELY, THE BANKERS ARE JUST STARTING TO COME BACK TO WORK, SO IT WILL BE NEXT WEEK BEFORE TANGIBLE RESULTS WILL BE AVAILABLE TO EVERYBODY, INCLUDING US. OUR BANKER SHOWED UP TODAY A BIT BLEARY EYED, AND GROUCHY. HE WANTED TO STAY AWAY UNTIL THE 15TH BUT WAS TOLD BY THE LEGAL GUYS THAT HE HAS TO COME BACK IN AND GET OUR RELEASE DONE, AS WELL AS SOME OTHERS THAT HAVE BEEN GRITTING THEIR TEETH BEFORE CHRISTMAS.

WE WILL HAVE OUR FUNDS OUT BY FRIDAY (FAT GOOD THAT WILL DO FOR THE WEEKEND THOUGH) SO WE WILL HAVE USABILITY IN OUR ACCOUNTS ON MONDAY. THE SECOND BATCH IS ALSO SCHEDULED FOR NEXT TUESDAY, SO WE WILL HAVE THE SECOND FUNDS TWO DAYS LATER AT THE MOST. WITH THE SECOND SET, WE WILL BE ABLE TO BEGIN THE PROJECT SIDE RIGHT AWAY.

OVERALL WE ARE IN ABSOLUTELY FANTASTIC SHAPE WITH THIS VERY FIRM SCHEDULE, AND WE ARE ALL PREPARING FOR THE WORK AHEAD.

UNFORTUNATELY I WILL NOT BE AVAILABLE FOR A FEW DAYS AS MY TIME IS UP WITH THE LANDLORD, AND I HAVE TO SORT AND PACK BECAUSE THE BANKER WAS LATE. I HAVE NOWHERE TO GO AT THE MOMENT AND TRUSTING THE UNIVERSE TO GIVE ME SOMETHING USEFUL LIKE A DESK, INTERNET, AND A BED. THIS IS JUST ANOTHER TRIAL AS FAR AS I AM CONCERNED, AND UNPLEASANT AS IT IS, IT MUST SERVE SOME USEFUL PURPOSE I AM NOT AWARE OF AS YET. AT MOST, A FEW DAYS OF SUCH HARDSHIP IS ALL I CAN SEE BEFORE THE RELIEF ARRIVES AND WE CAN MOVE AT BETTER SPEED.

THERE ARE OTHERS IN A SIMILAR SITUATION AS I AM AT THE MOMENT, AND EVERY ONE OF THEM HAVE TO GO THROUGH HARDSHIP FOR WHATEVER REASON. IS IT THE LAST KICK AT THE CAT BY THE DARK SIDE? POSSIBLY. IS IT WARRANTED? HELL NO. AT LEAST NOT FROM WHERE I SIT. WILL IT CONTINUE? AGAIN NO AS WE HAVE SCHEDULES FOR SEVERAL WIRES COMING IN AS OF TODAY.

STARTING JANUARY 8, THE MAJOR FUNDS PROMISED BY THE TRUST WILL BEGIN. THESE ARE THE FORMAL PROJECT FUNDS AND THEY ARE SET TO A SCHEDULE AND FROM THAT POINT ON, WE WILL NEVER LOOK BACK EXCEPT TO UNDERSTAND THE LESSONS OF THIS TIME NOW.

ALSO, THE CURRENCY PAYOUTS WILL BE GOING FULL FORCE NEXT WEEK AND THAT WILL MAKE A HUGE DIFFERENCE FOR SO MANY, AND GET SOME BADLY NEEDED CASH OUT TO THE ECONOMIES. SO MY BEST ADVICE IS TO PREPARE AND BE READY FOR WHAT IS TO COME. THE END POINT OF ALL THIS WAITING IS ALMOST HERE AND IT WILL TAKE PLACE, SO TAKE HEART AND SMILE. WE HAVE WON A HUGE ONE FOR ALL OF HUMANITY.

THANKS FOR STICKIN IN THERE THROUGH THICK AND THIN AND WITH THIS MILESTONE AROUND THE CORNER, ALL PAST TRIBULATIONS WILL BE A DISTANT MEMORY.

I HOPE AND TRUST THE UNIVERSE KNOWS WHAT IT IS DOING, AND ONLY A FEW SHORT DAYS WILL TELL THE TALE OF THE TAPE ON THAT ONE.

GOD BLESS AND MUCH LOVE TO YOU.

IN BOUNTIFUL GRATITUDE.

LOVE AND LIGHT
IN OUR SERVICE
ZAP
“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”
JANUARY 3, 2018
COPYRIGHT ZAP 2013-2017

Operation Disclosure GCR/RV Intel Alert for January 3, 2018




Operation Disclosure
https://operationdisclosure.blogspot.com/

RV/INTELLIGENCE ALERT - January 3, 2018

Countless false flag attacks are being averted.


The cabal refuse to be stripped of their power.


Each false flag attempt provides the evidence needed to take down the masterminds behind it.


They're all being sent to Gitmo.


The Alliance is on their case 24/7, the cabal cannot slip through.


This is the final stage of cabal cleanup.


Insider sources continue to wait for the Alliance to declare "the war is over".


The RV begins immediately after.


"Currency Exchange in Tuscon, AZ" by Desert Jim - 1.3.18

Entry Submitted by Desert Jim at2:05 PM EST on January 3, 2018

I went to the local branch of Wells Fargo yesterday (Tuesday) in Tucson Arizona with 4 Dong bills to "test the ability to exchange"

The dong I exchanged yesterday locally was a very small amount to use as a test case. There were three tellers who could work with foreign currency. I was dealing with a young woman at her teller cage behind a thick glass window who was having to simply relay information she would get over a telephone. She could then deposit it in my account.

While she was very friendly and pleasant to deal with, the situation was not conducive to negotiating. The rate was very low which I expected but I proved (IMO) that foreign currency can be accepted locally which was my goal for the day. If I had a large amount and/or I would want to do this often I would do it with one of the financial assistants available at various stations in the lobby. They can not make transactions with the Zims

I believe for the average individual who is not in the financial business involving foreign currency... the best thing is to consider the current situation is a "one time good deal" and wait and exchange when the Tier 4 begins. If a person also has a Zim by all means do them both at the same time for the highest rate.

Regarding the Zim, I believe there will be no acceptable conversion offers except through the special exchange stations .. with which we will make an appointment with as soon as we get the telephone numbers.... and "personally" ... I strongly expect that to be within two weeks. 

IT IS COMING

Desert Jim
 
Kauaihn Chatter
 
 
1-3-2018  Intel Guru Bruce  Their CBI website sort of changed hands about December 31, 2017 from the US based in Houston. That website shifted back to the control of Iraq in Baghdad.  They have the control of it now. The website is in Arabic, but without the English version or translation with that. That is a little different. We are kind of looking for that to come up in English. We weren’t able to get our Arabic speaking helpers to check that out to get us a heads up whether the rate was on the website or not. My inclination is to think maybe not.

1-3-2018  Intel Guru Aggiedad77  …THE IRAQI BALL IS STARTING TO ROLL RATHER CONSISTENTLY IMO…WHO HAS NOTICED OVER THE PAST 24-36 HOURS THAT ABADI HAS SPOKEN MORE AND MORE AND IT IS AS THOUGH HE IS POINTING TOWARDS A BRIGHT STAR…A STAR THAT LEADS IRAQ…AND IMO IT IS NOT IRAN…THEY HAVE THEIR OWN SELF-MADE TROUBLES…IRAQ IS RISING…ABADI IS WITHSTANDING ALL THE GARBAGE THROWN HIS WAY AND HE WILL LEAD HIS IRAQI CITIZENS INTO A NEW FUTURE...WAIT......WAIT.....WAIT…AS YOU WOULD FOR A FINE WINE…AS YOU WOULD FOR A PEACH TO RIPEN…AS YOU WOULD FOR THE COFFEE BEAN TO BE JUST RIGHT TO BE THE BEST…ABADI KNOWS THE PROCESS, WE MUST NOT HASTEN…INSTEAD PREPARE YOURSELF...

1-3-2018  Intel Guru RayRen  ..,
we had a natural expectation of a rate change when the markets opened yesterday morning. I don’t know exactly where we are with that…The next optimal time for that is this coming weekend, when the markets close on the 5th and open again on the 7th…They can change the rates during the week, if they so choose; the weekends are just the optimal times to do so, with larger windows in which to change the numbers. So far as we’re concerned, it’s done. 
 
1-3-2018   Newshound Guru Adam Montana   Going into 2018, perhaps this is a good opportunity to remind everyone WHY we are interested in the Dinar at all... some...have been here more than a couple years, and the "wait" can be taxing. Iraq has overcome incredible difficulties, rebuilt a decimated region, solidified a government, and STILL has a majority of the available reserves of OIL. That itself should be enough to give us confidence that even though we don't know *when* the value will go up, it is certainly an undervalued instrument of exchange, and the low price will not stay there forever. Oil is finally on an uptick, which will work in Iraq's favor.  In order to take advantage of that momentum, Iraq will need to get moving on HCL . There is no significant news out on the HCL as I write this today, but this is a matter that WILL come to the table, and when it does... snowball effect. ...Going into 2018, I'm excited to see what pops up... either way, I'm happy HODLing my dinar and waiting for some HCL news. It can't be too far off now! 

1-3-2018  Newshound Guru Mnt Goat 
 Quote: “Said the director of the Rafidain Bank…the introduction of ATM in the markets and banks ARE SUBJECT TO THE IMPLEMENTATION OF THE DECISION TO DELETE ZEROS FROM THE IRAQI CURRENCY…” So why are there these 3 zero notes being dispensed?…This is not official CBI policy but rather banks taking advantage of the situation and wanting the ATM fees. They has a large investment in the machines and want a payback. Some of them have been waiting a very long time to active their machines. While at the same time the CBI is telling them to hold up.  I know for a FACT the CBI applied to re-instatethe IQD and it was accepted and approved. Why the delay? This is the BIG question but not yet we still have some time before we get worried again. Let is all shake out!  [Post 2 of 2]

1-3-2018  Newshound Guru Mnt Goat 
 …The plan is and always will be to use the ATMs as a way to dispense the lower denominations once the re-instatement occurred.  People will also need some amount of cash once electronic banking kicks in country-wide. Remember they are no longer to the payroll window at the banks and getting wads of cash…So what pops out in the news yesterday. Low and behold an article explaining just what I have been telling everyone.  Article “RAFIDAIN BANK IN DHI QAR CONFIRMS THAT THE INTRODUCTION OF ATM DEPENDS ON THE CURRENCY” [Post 1 of 2]

1-3-2018  Intel Guru Bruce  I do believe it is close and we have indications we might be just where we need to be. We said Iraq is basically is done and operating with a new rate. They haven’t yet put out to the world what that rate is…I know our US Treasury is working closely with the CBI in Iraq. It maybe the CBI changeover or revealing of the new rate on the Iraqi dinar maybe controlled or somehow indicated by our US Treasury…The rates are solid, all good…
 
Elmer:
 
Not in today
 
Artmeister:

The Benefits Of Being A Sovereign


There is much to be gained from becoming what you were born to be “A Sovereign” Lets see what the advantages are.
The first thing a Sovereign becomes is immune to law, I.E. statutory, civil and vehicle codes. You no longer are subject to those laws they just do not apply to you.
You gain the ability to discharge anything in the legal arena of commerce using the laws of that system against the perpetrators that are currently using those laws against you for their gain.
From the DVD course (after purchase) you will learn hundreds of tricks of the legal system that can free you from most anything. Included but not limited to this are:
Becoming the Sovereign Citizen you were born to be, which is the master over the legal system rather than the servant you are now as a statutory citizen. (Note the Capitalization of the letter C) You were born a Sovereign but it only lasted a few hours or maybe a day at the most before you were illegally brought into the system by contract known as a birth certificate. That certificate made you a servant to the world we know as the UNITED STATES and the so called American way.
Discharging your debts by bonds.
Never having to pay a traffic ticket again if you so choose.
You cannot be sued in any court in this country.
Legally eliminate paying income taxes both federal and state. NOTE: The system will fight you on this to keep control over you even though they know it is legal for you to leave the system.
Get all the money you have ever paid into the system returned back to you with interest from the IRS. Again they will not willingly return your money.
Stop paying any more into the IRS, you can legally stop the stealing at the source with your employer.
The above is an instant and healthy raise in pay.
You will learn what the correct form(s) are for an American Citizen to use when filing your tax returns. Plus as a Sovereign you can stop paying altogether.
You gain the ability to reverse the system back onto the courts or any other government agency and beat the pants off them in a way they cannot escape under common law. This puts the lawyers and judges on the run from you.
You already have the ability to contract in an unlimited manner under the Uniform Commercial Code (UCC) but with the knowledge gained from this DVD you will be able to utilize all the codes to your advantage.
No lengthy legal battles in court over an alleged credit debt. Why? Because as a Sovereign you are a foreigner to the UNITED STATES and as such they have no jurisdiction over you the living man or woman. You are under no obligation to answer any summons from their system upon you. For them to do so is to leave their jurisdiction and enter yours, this is illegal and impossible for them to enter the world of the living because they are just FICTIONS created by the living man to serve the living man. There can be no right against that which the right depends. This statement stems back to the creation of this country and was written by the founding fathers.
Paying off your debts with this program cannot be refused, if a bank refuses your bond, the uniform commercial code states, a debt tendered and refused is a debt discharge to the amount of tender UCC at 3-603(b). If this were to happen from a bank you can turn them into the US Treasury for sedition against the UNITED STATES, which they are subject to the jurisdiction of.
Totally avoid bankruptcy altogether by paying off all your debts no matter what it is with a BOND. As long as it is with a bank or government system. (No personal debts with friends)
As a Sovereign you become the living man/woman again. Research this with a judge or attorney by asking them if the system can hear the living man. Tell them that you are not the fiction listed on their papers, but rather you are the living man/woman. You will be told NO and if you are in a court room situation the case against you will likely be severely disrupted or even dropped altogether. If you ask this question before any proceedings start they will likely throw the case out of court.
BACKGROUND
You have heard it said that you cannot sue the government, which is because the government or the state is Sovereign. When you become a Sovereign again you also cannot be sued.
As you may have read elsewhere on this or other sites BONDS are legal tender under UCC laws for paying off debts.
NOTE: If you are looking for an arbitration award from your credit cards which is usually a lengthy legal battle this is not the program for that. This is just a cancellation of your debt directly with the bank. If a bank tries to sue you later they cannot because a Sovereign cannot be sued in any court in the land, they just do not have jurisdiction. They also cannot sue you later because the UCC laws say that a debt tendered and refused is a debt discharged UCC at 3-603(b).. It is the doctrine of common law that the Sovereign cannot be sued in his own court without his consent. The Siren, 74 US 152 (1869). A Sovereign operates strictly in common law and no statutory or civil court has any jurisdiction over the Sovereign. You are the living breathing man or woman and the fictional legal systems have no jurisdiction over the living man, but you must first know this and use it to stop them from taking from you.
Q: You’ve listed the benefits – what are the cons?
A: Well that is a good question.
Here goes: The cons are usually that the courts refuse to deal with you once you tell them that you are a living Sovereign rather than a corporate fiction, OOPS that is a benefit isn’t it.
There really aren’t any cons other than some really bent on keeping you under control type people telling you that Sovereignty is not real and that the system has total control over you.
To further, explain this lets look at the American Indians as a people. The federal government has acknowledged their sovereignty as a matter of fact of law. The treaties with the Indians state that they do not need a drivers license or a registration on their vehicles, they are not taxable by the federal gov, they are immune to the legal system that you are living under etc. Now the ORIGINAL constitution of the US (not the incorporated version) also says that all Americans born on the land are Sovereign by God given right.
There is one con that does come to mind and that is that some judges will try to deny someone there Sovereignty in court by making a statement that your Sovereignty is denied by this court. However most judges will not do that because no man or fictional court can make such a statement to a Sovereign, the reason is because they cannot make a legal determination against your choice of Citizenship, if they do they can by held liable for going against the Constitution and the intent of the founding fathers.
From time to time, you will run into people that just don’t know what Sovereignty is or how to react to you so they will just tell you that you should do as everybody else on some issue at hand. They just don’t understand. When it comes to the IRS Sovereignty issues can cause some negative threatening letters from them but there are many ways to handle that issue with the information contained on our DVD.
We all have the right to become that Sovereign again and that is a matter of law found in the constitution and public policy. Our founding fathers wanted Americans to live free of the tyranny and control that they fought to get away from.
Therefore, the cons are really very small in comparison to the benefits.
Summary: Banks are getting the word that this is coming down!
 
I was contacted by an intermediary who wants to close a deal in Zurich for zim, 10Quad minimum, rate .16, which would be 16 T USD for each 100T Zim note. Info was mailed last night, and had some problems going out.
 
TNT Member Bank Story ~ TUESDAY, JANUARY 2, 2018
POST IS WITH PERMISSION FROM KEITHN:
KEITHN IN TNT CHAT 1:11 PM PST ~ 1-2-18
 
Conversation between KeithN, Bodyman and Luvwulfs
I visited my WF shortly after lunch. The Branch manager greeted me at the door and immediately escorted me to his office, behind closed doors he simply smiled and said something to the effect, I am sorry I ever doubted you. Keep in touch with me every day this week.
I don't remember the Br Mgr ever acting this way before in 14 years. He knows what I hold and he knows his own tellers own some too...VERY Interesting
I wish there was a better word than Awesome but I got to tell you, is was sure a different reception than I have ever received from any Banker in my life
 it was nice, I hope many in the family can start receiving his kind of reception pretty soon, RAYRAY98 was right, already you can see the Bankers are beginning to treat us different than most customers
 
Bruce Intel;
Iraq. Done. Operating at rate. In country Not out to world. Wait till we go to announce.
Waiting for English CBI site. deposits for ex. Jan 7
Site talks about exchange, centers. And moving forward.
The deposits to be put into the CBI. ..when we exchange our dinar it might be shredded ...Iraq is really moving ahead...we are really getting some information pointing us towards the redemption centers being really ready...
There is someone who will notify the staff & to tell them to be ready ...some info says now tonight but Bruce can't say for sure
He really hopes this will come to us very soon...NDA only a page & half
Rates are really great...the Forex was supposed to come with new rate early this morning but he hasn't seen it
Bruce feels like if the Forex would have come up then we'd be there ...it may mean they are still trading to get it up...we are so close
Yesterday no banking today 1st day like a Monday. ..so catching up with everything but we didn't get started...tomorrow would be a great time to start. ..he feels really good about the intel he got about an hour before call...screen rate zim is way better than what some people think...also for Dinar Dong...others
 
He is not sure about Iran...but he feels they are all getting ready...this is the year of jubilee. ..we are not going to need debt forgiveness for us because we can pay off all our debt...& others who weren't involved will have their debt taken care of GESARA
 
Just talking about projects. We just have to stand in faith
It really could go Anytime I feel. We know it’s here. Tonite would be fine.
 
CBI can deposit on 7th
So that would give us 4 days now or could start 7
 
SPEAK INTEL
1/3/2018 — 8:10 AM EST
 
•Green screens now showing with rates locked in. These are the screens needed for our exchange
•As of last night all currency is digital and gold-backed.
•All banks are now Basel 4 compliant
•We are currently waiting on the UST to send confirmation that everything went through as scheduled last night.
•Currently three RICO lawsuits will be filed and added to over time, although we already possess enough evidence to file and easily win these cases.
•These suits will be attached to a deadman switch for the protection of all plaintiffs in the future. This not only guarantees performance but insures against backlash from the Cabal.
 
•Performance is expected today. We await Mnuchin to give the okay and the 800# and monetary emission to begin.
So here's a likely reason that the release is set for today:
~Tank
Arizona National Guard Deployed To Cuba To Support Guantanamo Bay
This mission is so sensitive we were asked not to show the faces of these soldiers and their families.y
 
Catnip:

 
 
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ARTICLE 1 (from PM Abadi's website; posted on both Arabic and English sides; 4 pix)

Prime Minister Dr. Haider Abadi receives the heads of the Christian denominations

3 - January - 2018

Prime Minister Dr. Haider Abadi on Wednesday received the heads of the Christian communities.
He said that all Iraqis are equal in rights and duties and that we seek to deepen this understanding among all segments of society, including our security forces in all regions. Iraq, especially liberated areas.

Dr. Haider al-Abadi pointed to the need to preserve the religious and sectarian diversity because it is the identity of Iraq and the source of its strength, indicating that terrorism tried to erase this identity but failed thanks to the unity of our people.
"We have won a victory and we will work with utmost force to bring the displaced Christian citizens back to their areas and provide security for them, in addition to the rest of the displaced," he said.

Dr. Haidar al-Abadi pointed to the responsibility of Muslim and Christian clerics to establish security by strengthening the spirit of faith, justice and unity among citizens and directing them to the right path and working to develop the spirit of peaceful coexistence among Iraqi factions, which achieves another victory over terrorist ideology and drops its goal.

The heads of the Christian communities thanked Dr. Haider al-Abadi and their blessing of the great victories achieved on the call for the liberation of the entire Iraqi territory and the unity of the Iraqi people and by the new year.

He referred to the remarks of the heads of the Christian communities and the proposals on the issues of the displaced and liberated areas in general and Christian citizens in particular.

Prime Minister 's Media Office
3 - January - 2018

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ARTICLE 2

Hakim discusses with Masoum and Jabouri dialogue between Baghdad and Erbil and the elections
2018/1/3 23:49
[Ayna-Baghdad]
The head of the National Alliance, Ammar al-Hakim, discussed separately with President Fuad Masum and Speaker of Parliament Salim al-Jubouri the latest political developments and the upcoming elections.
A statement issued by the Presidency of the Republic said that Masoum met with Hakim during the meeting. "During the meeting, we reviewed and discussed various political developments in the country, preparations for the elections and the need for all parties to contribute to the best of constructive understanding among all national parties.
He said Hakim "support for efforts to seek dialogue and joint action between the federal government and the Kurdistan region on a firm basis, and to strengthen the unity and brotherhood of the Iraqi people in various components."
Al-Hakim also visited parliament speaker Salim al-Jubouri. "During the meeting, they discussed the security and political situation in Iraq and the requirements of the next phase, especially with regard to the importance of the agreement on common visions to solve the outstanding problems and arrange the situation to serve the political and social stability."
The two sides discussed "ways to improve the service conditions of citizens and provide decent living and work seriously to diagnose problems that hinder the provision of necessary services better."
"The meeting also dealt with several files such as the federal budget and the upcoming elections, the return of displaced persons to their homes and the reconstruction of areas affected by terrorism, and community reconciliation."

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ARTICLE 3

Responding to Ayna .. Rafidain issues MasterCard card to reporters
2018/1/4 10:42
[Ayna-Baghdad]
Al-Rafidain Bank directed its branches in Baghdad and the governorates to facilitate the procedures for granting the MasterCard card to international journalists.
"The bank's branches were directed to issue the MasterCard card to journalists," the bank's information office said in a statement. "Journalists can go to any branch and bring personal documents to issue the card to them shortly."
A source at the bank told [Ayna] that "the necessary documents are a passport, identity card or a unified national ID card in addition to the housing card and a simple financial balance to activate the account of the international card."
On January 13, journalists and media outlets appealed to [Al-Rafidain Bank] to issue a MasterCard card, one of their international electronic payment tools.
The journalists told [Ayna] that "Rafidain Bank, and as we are ready to provide multiple services to different segments of society, we appeal today to issue a card [master card] for media professionals to provide banking facilities for them, especially that they traveled many in and outside Iraq, Freedom of financial trading in banks and ATMs ".
"This international card also helps them settle their salaries in private and government banks, including Rafidain itself, which cut paperwork and avoid the risk of carrying money."
The Rafidain Bank, announced on 11 October last, the issuance of one of the electronic payment tools card [Master Card] international staff, retirees, citizens and other segments of society.
The bank's information office said in a statement that "the bank has for the first time instructed its branches to issue electronic payment tools [MasterCard], which are used inside and outside Iraq," indicating that "this will be acceptable in all ATMs connected to the MasterCard network plus points of sale "He said.
He added that "advances and loans granted to employees through these cards and settle their salaries electronically."
The Rafidain Bank announced on October 8, the development of banking in a step to reach the comprehensive banking system like the countries of the civilized world.

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ARTICLE 4

URGENT Head of Public Prosecution: We have received files of corruption related to ministries
2018/1/4 12:10
[Ayna-Baghdad]
Judge Mowaffaq al-Obeidi, the first elected president of the Public Prosecutor's Office after 2003, revealed the arrival of files to the public prosecution concerning files of corruption and waste of public funds in the ministries after the generalization issued by the agency to report financial irregularities in all departments of the state and has been referred to the competent courts.
"Recently, as soon as the prosecution law came into force, we issued a circular to all state institutions by informing us of the financial, administrative and functional irregularities because the law has given us this role," al-Obeidi said.
"Not only that, but the public prosecution is not satisfied with the notices it receives, but it has different means to what it hears or hears from here and there, and this is an innovative role we have initiated and in the coming period we will announce the most prominent results achieved."
Al-Obeidi pointed out that "the response is not as expected, but we recently received a collection of files from some ministries, and that the uncles that we issued at the end of last November was dedicated to the financial and functional resources and after a month of these uncles began to receive some files as I said some Ministries."

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ARTICLE 5-A

A large clearance operation in Hawija
2018/1/3 19:29
[Ayna-Baghdad]
A large-scale military operation will soon be launched to clear the districts of Hawija province, southwest of Kirkuk province.
"Brigadier General Ali Karim al-Hasnawi will be deployed soon to carry out a large-scale operation to clear the areas of Rashad, Riyadh and other areas in Hawija district," a statement issued by Major General Ali al-Akbar told the crowd.
"The process of cleansing will be launched from four axes and with the participation of Iraqi army forces and other factions of the popular crowd."
He pointed out that "the forces will move towards the hills of Hamrin after the completion of this process."

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ARTICLE 5-B

A large-scale operation is under way to pursue those wanted south and west of Kirkuk
2018/1/4 13:31 • 14 times read
[Ayna-Baghdad]
The Joint Operations Command announced Thursday the launch of a search and arrest operation in the south and west of Kirkuk.
"The 9th Armored Division of the Army and the headquarters of the operations of Kirkuk have launched a search operation to pursue those wanted to eliminate and enforce law and order in the areas of Hawija, Riyadh, Al-Rashad and Zarqa," the command said in a press release.

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ARTICLE 6

Mice .. Hope for the end of baldness
2018/1/3 21:03
[Where - Continue]
Scientists have succeeded in creating a "skin" in which hair grows, using stem cells from mice, in a move that may be an effective treatment for baldness.
Using stem cells from mice, doctors have succeeded in creating two-layer, lower-layer skin patches capable of germinating hair follicles like those on the rat's body.
Scientists at the University of Indiana Medical School said that hair follicles on the skin are the closest to normal hair in humans, the Daily Mail reported.
Scientists hope it will be a real start to finding a permanent cure for baldness. Although previously used stem cells to find a cure for baldness, previous attempts failed because the skin consists of about 20 types of cells, while the "skin cells" the previous scientists produced 5 or 6 types, which is not enough to grow hair.

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