Word on the Street Wednesday 1/31/18
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,181.0000 | 1,169.0000 | 1,169.5000 | | 14:37 |
| USD/VND | | | 22,695.0000 | 22,419.0000 | 22,419.0000 | | 10:48 |
| USD/CNY | | | 6.3436 | 6.3186 | 6.3347 | | 18:57 |
| USD/KWD | | | 0.2998 | 0.2986 | 0.2990 | | 18:41 |
| GBP/USD | | | 1.4164 | 1.3983 | 1.4064 | | 18:57 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,450.0000 | 13,333.0000 | 13,365.0000 | | 18:56 |
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Kurdish blocs announced their withdrawal from all meetings of the budget
Release date: 2018/1/31 12:40 • 82 times scheduled
{Baghdad: Al-Furat News} announced the Kurdish blocs, their withdrawal from all meetings that fall within the draft budget law for the year 2018 as currently drafted.
And demands the Kurdish blocs to keep the share of Kurdistan in the budget by 17% as in previous years after the government reduced this year to 12%.
A delegation from the Iraqi government arrives in Erbil to discuss the issue of salaries
(Independent) ... A delegation representing technical committees from the Iraqi government, arrived in Erbil, capital of the Kurdistan Region.
The task of the new delegation is to check the salaries lists of ministries of higher education and planning and a number of other ministries.
The Iraqi Ministry of Finance ordered the disbursement of 250 billion Iraqi dinars to pay the salaries of employees of the Kurdistan Region in the ministries of health and education. (End)
Security source: the southern desert areas of Iraq smuggling sanctuaries
January 31, 2018
A security source said that the desert areas in the southern provinces of Iraq turned into safe havens for gangs of murder, kidnapping and smuggling, explaining that some desert places are almost very dangerous.
The source added that "any person wanted for the judiciary goes to hide in the desert areas," pointing out that there are quite a number of young people who take from these areas routes to smuggling.
"The loss of security is not limited to the desert of Muthanna, but to other areas in Basra and Dhi Qar in southern Iraq as well."
Security forces have been carrying out another security operation since Tuesday to chase wanted men to justice in the province of Basra, 590 kilometers south of Baghdad.
More than 51 billion dinars in 2017
The Integrity Commission announced the implementation of (293) seizure, noting that the funds seized in those operations exceeded the 51 billion dinars.
It added that the number of accused persons arrested in these operations amounted to 483 accused, while the total funds seized in those operations amounted to 50,130,926,753 billion and 778,070 US dollars.
It added that the number of accused persons arrested in these operations amounted to 483 accused, while the total funds seized in those operations amounted to 50,130,926,753 billion and 778,070 US dollars.
Iraqi firm's oil exports head to break record
BAGHDAD - Reuters
Crude oil exports by Iraq state-oil marketer SOMO ran at an average rate of 3.5 million barrels per day in January, an Iraqi oil official have said.
With two more days left in January as of Jan. 29, the average of the month could top December's 3.535 million bpd record, SOMO's acting director general Alaa al-Yasiri told reporters.
Total exports for the country should be higher as SOMO does not control oil sales from the northern semi-autonomous Kurdistan region, estimated at more than 200,000 bpd.
"SOMO's recent export rate increase is not due to higher production, but to a drop in local consumption," he said. It was not immediately clear why consumption had fallen.
Exports could increase further as Iraq plans to start exports next week from the northern Kirkuk oilfield to Iran, using tanker trucks, he said.
Trucking crude to Iran's Kermanshah refinery will come under a swap agreement announced last month by the two countries to allow a reduction of oil exports from Kirkuk.
Trucking crude to Iran's Kermanshah refinery will come under a swap agreement announced last month by the two countries to allow a reduction of oil exports from Kirkuk.
Iraq and Iran have agreed to swap up to 60,000 barrels per day of crude produced from Kirkuk for Iranian oil to be delivered to
southern Iraq.
southern Iraq.
Kirkukuk sales sales have been halted since Iraqi forces took back control of the fields from the Kurdistan Regional Government (KRG) in October.
The autonomous KRG forces took control of Kirkuk in 2014, when the Iraqi army collapsed in the face of Islamic State of Iraq and the Levant (ISIL).
Iraq and Iran are also planning to build a pipeline to carry the oil from Kirkuk to avoid having to truck the crude, Luaibi said last month.
The planned pipeline could replace the existing export route from Kirkuk via Turkey and the Mediterranean.
With an output of 4.4 million bpd in December, Iraq is the second-largest producer of the Organization of Petroleum Exporting Countries (OPEC), after Saudi Arabia.
With an output of 4.4 million bpd in December, Iraq is the second-largest producer of the Organization of Petroleum Exporting Countries (OPEC), after Saudi Arabia.
The country is producing below its maximum capacity of nearly 5 million bpd in implementation an agreement between OPEC and other exporters including Russia to curtail global supply in order to support oil prices.
Iraq Gate Company gets license from MasterCard and Visa International
(Independent) ... Iraq Gate e-Financial Services Company announced that it has obtained the license as a key member of MasterCard and Visa International for the issuance and acceptance of electronic payment cards, a national company registered in Iraq and licensed by the Central Bank of Iraq, under the laws and regulations in force in Iraq And in accordance with the instructions of the Central Bank of Iraq, and based on the highest international standards, through consulting from the world's leading companies specialized in this field, as the feasibility studies of the company and the request for licensing was prepared by Ernest Wei Wong International to study the status of the Iraqi market and determine the optimal business model and work plan, and the company has used the International Finance Corporation IFC during the subsequent stages of the establishment, to provide technical and strategic advice to the company.
Since the establishment of the company, the company has worked to attract local and international specialists specialized in the field of electronic payment, so as to be able to develop the best global practices and the latest in the hands of the Iraqi citizen, which facilitates his life and contributes to achieve the aspirations of the Iraqi government and the Central Bank of Iraq to increase financial coverage and the promotion of services The number of employees has reached 60 employees so far.
The company has a data processing center in Baghdad, which was designed and built by Ericsson Sweden. It is one of the most modern and sophisticated data centers in Iraq. It is designed to ensure the security and protection of information. The company has also contracted with leading international companies specializing in technology systems, cards and payment services such as S2M, HP and CISCO. The company has invested nearly $ 5 million so far in technology systems and is currently building another data center (disaster recovery) to meet the requirements of the CBI and related regulatory frameworks, and in line with the highest standards and best global practices, which will ensure Service continuity and non-interruption.
As a result of this professional and technical readiness, the company obtained the license as a key member of MasterCard and Visa International for the issuance and acceptance of electronic payment cards, and thus the Iraqi Gateway to Financial Services confirms that the receipt of the license by the Central Bank of Iraq and international payment companies in a record time , Is due to several key factors, notably investment in advanced financial technology systems and the recruitment of highly qualified professional cadres to develop e-payment practices in Iraq, coupled with compliance with the instructions and regulations of the Bank The companies pay, in addition to the degree of credibility and commitment that enjoyed by the management team and the company's shareholders, which is a precedent in this sector.
This system and the positive developments it provides to support the vision of the company to play a key role in the development of electronic payment practices and services, in line with the vision of the Iraqi government and the Central Bank of Iraq to create a non-monetary community in order to accelerate the national economy and improve the level of financial services available, The company continues its firm commitment to harness this system to serve the society and the economy and open new horizons to accelerate the spread of electronic commerce in Iraq and opening up to the world.
For more information please contact the Public Relations Department at info@iraqegate.iq
The Iraqi e-portal for financial services is an Iraqi registered company in Iraq. It is licensed by the Central Bank of Iraq (4) according to the Central Bank of Iraq Law No. (56) of 2004. It is a key member of MasterCard and Visa. The company is licensed to execute and facilitate electronic payment works throughout Iraq. Its scope of operation includes issuing prepaid cards through international payment companies, owning and distributing payment points and the ATM network, as well as providing different services to banks and facilitating the payment and collection of bills.
The company operates from its headquarters located in Baghdad / Mansour and manages the company from a professional cadre professional technical and commercial and financial in the field of electronic payment and technology systems working day and night to put the best practices in the world of payment in the hands of the Iraqi citizen and at his disposal.
The head of the Integrity Commission reveals figures of astronomical corruption and the referral of 18 ministers to the judiciary
Release date: 2018/1/31 12:03 • 148 times read
[Baghdad: Al Furat News} The head of the Integrity Commission Hassan al-Yasiri, the transfer of 3095 accused to the judiciary.
He said during the press conference held to announce the annual report of the 2017 body that the number of ministers and the degree of those who were referred to the judiciary during the year 2017 was 18 ministers and the rank of minister.
He pointed to the seizure of more than 51 billion dinars in 293 seizures during 2017.
The head of the Integrity Commission that "the number of accused seized in those operations amounted to 483 accused, while the total funds seized in those operations 50 billion and 130 million, 926 thousand and 753 dinars and 778 thousand and 70 US dollars."
He pointed out that Yasiri opened 8537 criminal cases during the past year exclusively.
And the total of what the Commission considered during the past year, stressing that it considered in {20880} a report and a news and a criminal case, of which completed {16180}, achieving an achievement rate of {77.49} percent.
Yasiri announced that the efforts of the Authority led to the recovery of {132,946,825,604} billion dinars to the state treasury already during 2017.
He pointed to the existence of {41,761,929,726} billion dinars and {2,210,932} million US dollars in the recovery phase, judicial decisions were handed down to the Treasury.
He added that "the sum of public funds recovered from the Authority or issued judicial rulings refunded, which prevented and stopped waste, which was returned to the account of the treasury amounted to {1,305,694,644,492} trillion dinars.
He pointed out that "the forged instruments have become a phenomenon and we wish the Governor of the Central Bank to cooperate with us," pointing out that "the corruption of the leaks" Big Baabah} thinner and ask the financial cooperation with us on it. "
He pointed to the seizure of more than 51 billion dinars in 293 seizures during 2017.
The head of the Integrity Commission that "the number of accused seized in those operations amounted to 483 accused, while the total funds seized in those operations 50 billion and 130 million, 926 thousand and 753 dinars and 778 thousand and 70 US dollars."
He pointed out that Yasiri opened 8537 criminal cases during the past year exclusively.
And the total of what the Commission considered during the past year, stressing that it considered in {20880} a report and a news and a criminal case, of which completed {16180}, achieving an achievement rate of {77.49} percent.
Yasiri announced that the efforts of the Authority led to the recovery of {132,946,825,604} billion dinars to the state treasury already during 2017.
He pointed to the existence of {41,761,929,726} billion dinars and {2,210,932} million US dollars in the recovery phase, judicial decisions were handed down to the Treasury.
He added that "the sum of public funds recovered from the Authority or issued judicial rulings refunded, which prevented and stopped waste, which was returned to the account of the treasury amounted to {1,305,694,644,492} trillion dinars.
He pointed out that "the forged instruments have become a phenomenon and we wish the Governor of the Central Bank to cooperate with us," pointing out that "the corruption of the leaks" Big Baabah} thinner and ask the financial cooperation with us on it. "
A major failure of the Ministry of Agriculture and Desertification plans hits 45% of the agricultural land of Maysan
January 31, 2018
Official documents showed that the performance of the Ministry of Agriculture in the policy of raising the level of agricultural production in Iraq, while the chaos in the border crossings to shut down many of the chemical fertilizer plants in the country.
The lack of achievement was reflected in the work in "Al-Shorash Forest" in the Qurna area (north of Basra), 38% compared to the planned completion rate of 62%, and 45% of the arable land in Maysan governorate was desolate due to the large areas of sand dunes in its vicinity. The ministry also did not take deterrent measures for the occupants of agricultural land in other than its purposes in the province of Babylon.
The documents showed the failure of the Ministry of Agriculture's policy to raise the level of agricultural production through the provision of fertilizers, pesticides, medicines and vaccines in Iraq during the past seven years.
According to the documents, the amount of medicines processed during the last three years has decreased. Hospitals and dispensaries also lack the most important medicines used in the treatment of veterinary conditions. The weakness of government support and the lack of control of the border crossings cause the cessation of most factories and laboratories of medicines, vaccines, fertilizers and pesticides.
The documents revealed that the failure of most agricultural projects in the province of Basra, implemented from allocations of the investment budget in previous years amounting to 4 billion and 139 million dinars; because of water scarcity and salinity of the soil, and not authorize the Directorate of Agriculture to examine food, and the absence of financial allocations.
Kauaihn Iraq Articles: ddd
Washington bargains Baghdad: money to Iraq in the donors conference in exchange for the agreement with Erbil
Al-Ghad newspaper reported on Wednesday that the head of the delegation, Deputy Secretary of State John Sliven, assured Prime Minister Haider al-Abadi and the head of the Kurdistan Regional Government of Iraq, Nechirvan Barzani, that "Washington believes that ending the differences between the two sides will enable it to play a bigger role in Kuwait Conference
The sources said that Sylvan pledged during his visit to Baghdad and Erbil with an economic and commercial delegation that "Washington is making efforts for the success of the conference and urged donors to provide possible assistance to Iraq," again that his country "looks forward to obtaining investment projects in Iraq, including a gas investment project in southern Iraq."
The sources said that Sylvan pledged during his visit to Baghdad and Erbil with an economic and commercial delegation that "Washington is making efforts for the success of the conference and urged donors to provide possible assistance to Iraq," again that his country "looks forward to obtaining investment projects in Iraq, including a gas investment project in southern Iraq."
A senior US delegation met with Iraqi leaders a few days ago, stressing the need to end the differences between the Kurdistan region and Baghdad and take effective steps to eliminate financial and administrative corruption in Iraq before the donor conference hosted by Kuwait in mid-February.
Ministry of Communications: Connect optical cable with Saudi Arabia through Arar port
The engineering and technical staff of the Anbar Communications Directorate at the General Telecommunications Company, one of the Ministry of Communications, completed the work of connecting the optical cable with the Saudi side through the Tarasal Arar station in the Arar border post.
Eng. Hatem Mohamed Hassan, Director of the Directorate, said that the work included inspection procedures with the Saudi side and the arrival of the laser signal from the Saudi side, noting that the work comes to compensate the international sea and transit capacities due to the sudden occurrence of the long submarine cable (GBA) in the Arabian Gulf between Qatar and Bahrain To the bad Internet service in the recent period
(ITC), which is contracting with the General Telecommunications Company for the marketing of international sea and transit capacities at other capacities until the sudden repair of the submarine cable (GBA) in the Arabian Gulf.
Crude Swap With Iraq Will Begin Next Week
https://financialtribune.com/
Wednesday, January 31, 2018
Iraq is expected to start crude oil exports from its northern Kirkuk Oilfield to Iran next week, an Iraqi oil official said.
Alaa al-Yasiri, acting director general of Iraqi state oil marketer SOMO, added that Iraqi exports could increase, as the country plans to start trucking crude to Iran’s Kermanshah Refinery under a swap agreement announced last month, Reuters reported.
Iraq and Iran have agreed to swap up to 60,000 barrels per day of crude produced from Kirkuk for Iranian oil to be delivered to Iraqi customers in southern Iran.
Kirkuk crude sales have been halted since Iraqi forces took back control of the fields from the Kurds in October.
Iraq and Iran are also planning to build a pipeline to carry the oil from Kirkuk to avoid having to truck the crude. The planned pipeline could replace the existing export route from Kirkuk via Turkey and the Mediterranean.
After years of remaining idle, Iran resumed swapping crude oil late last year from the Caspian Sea in the north to customers in the Persian Gulf region. Officials say the country has the infrastructure to transfer up to 500,000 barrels per day of crude.
Oil swap, which was cut off under the previous Iranian government, can be an important source of revenue for Iran.
With an output of 4.4 million bpd in December, Iraq is the second-largest producer of the Organization of Petroleum Exporting Countries after Saudi Arabia.
The country is producing below its maximum capacity of nearly 5 million bpd in line with an agreement between OPEC and other exporters, including Russia, to curtail global supply and support oil prices. Yasiri also said crude exports by SOMO ran at an average rate of 3.5 million barrels per day in January.
"The average of the month could top December’s 3.53 million bpd record," the official said.
Total exports for the country should be higher, as SOMO does not control oil sales from the northern semi-autonomous Kurdistan region, estimated at more than 200,000 bpd.
“SOMO’s recent export rate increase is not because of higher production, but due to a drop in local consumption,” he said. It was not immediately clear why consumption had fallen.
Wednesday, January 31, 2018
Iraq is expected to start crude oil exports from its northern Kirkuk Oilfield to Iran next week, an Iraqi oil official said.
Alaa al-Yasiri, acting director general of Iraqi state oil marketer SOMO, added that Iraqi exports could increase, as the country plans to start trucking crude to Iran’s Kermanshah Refinery under a swap agreement announced last month, Reuters reported.
Iraq and Iran have agreed to swap up to 60,000 barrels per day of crude produced from Kirkuk for Iranian oil to be delivered to Iraqi customers in southern Iran.
Kirkuk crude sales have been halted since Iraqi forces took back control of the fields from the Kurds in October.
Iraq and Iran are also planning to build a pipeline to carry the oil from Kirkuk to avoid having to truck the crude. The planned pipeline could replace the existing export route from Kirkuk via Turkey and the Mediterranean.
After years of remaining idle, Iran resumed swapping crude oil late last year from the Caspian Sea in the north to customers in the Persian Gulf region. Officials say the country has the infrastructure to transfer up to 500,000 barrels per day of crude.
Oil swap, which was cut off under the previous Iranian government, can be an important source of revenue for Iran.
With an output of 4.4 million bpd in December, Iraq is the second-largest producer of the Organization of Petroleum Exporting Countries after Saudi Arabia.
The country is producing below its maximum capacity of nearly 5 million bpd in line with an agreement between OPEC and other exporters, including Russia, to curtail global supply and support oil prices. Yasiri also said crude exports by SOMO ran at an average rate of 3.5 million barrels per day in January.
"The average of the month could top December’s 3.53 million bpd record," the official said.
Total exports for the country should be higher, as SOMO does not control oil sales from the northern semi-autonomous Kurdistan region, estimated at more than 200,000 bpd.
“SOMO’s recent export rate increase is not because of higher production, but due to a drop in local consumption,” he said. It was not immediately clear why consumption had fallen.
Electricity workers demonstrate for salaries in Baghdad
A number of Ministry of Electricity employees demonstrated Wednesday in eastern Baghdad demanding the release of their salaries.
A source said that dozens of employees of the Department of Electricity Rusafa, gathered Wednesday, east of Baghdad to demand the payment of salaries delayed after about a month.
A source said that dozens of employees of the Department of Electricity Rusafa, gathered Wednesday, east of Baghdad to demand the payment of salaries delayed after about a month.
The protesters and most of them from the electricity department of Rusafa in the demonstration held in front of the building of the electricity distribution department Rusafa in Palestine Street east of Baghdad, to pay their salaries idle for no reasonable reason
Turkey and Iran support Kurdish dialogue with Baghdad
Iran and Turkey stressed on Tuesday their desire to develop their political and economic relations with the Kurdistan Region, expressing their support for the ongoing dialogue between Erbil and Baghdad in order to resolve the outstanding problems between them on the basis of the Iraqi constitution.
This came during separate meetings of the official of the Department of Foreign Relations in the Kurdistan Regional Government Falah Mustafa with the consulates of Iran and Turkey in Erbil.
A statement by the department said that the official of external relations in the Kurdistan Regional Government Falah Mustafa received today Iranian Consul General in Erbil Mortada Abadi and his accompanying delegation. The two sides exchanged talk about the bilateral relations and the results of the recent visit by the President of the Kurdistan Regional Government, And culturally.
Mustafa said during the meeting, which was attended by the Director General of the Department of Relations with Iran, Abdullah Akrawi, that the regional government is interested in strong relations of friendship with Iran and development and development, speaking of a new phase of bilateral relations reflected in economic and trade relations.
For his part, Ebadi expressed his pleasure to visit the delegation of the region to Iran and the development of relations in various fields, and his country's desire for good relations with the Kurdistan Region on the basis of mutual interests between the two sides.
The two sides discussed the current situation between the Kurdistan Region and Iraq and political developments and the issues of elections and dialogue between Erbil and Baghdad. The Iranian consul said in this regard that Iran wants Kurdistan to have its rights due from the budget and all services according to the Iraqi constitution.
The foreign relations official in the Kurdistan Regional Government, Farah Mustafa, also received Turkish Consul General Erbil Karaman and his accompanying delegation, and discussed with him the latest developments in the political arena in the region.
The meeting was held with the aim of discussing bilateral relations and exchanging views on political and political developments and strengthening the relations between the two sides, said a statement by the foreign relations department of the provincial government.
The statement pointed out that the meeting was held in the presence of the Assistant Department Officer Siham al-Jabali and the Director General of the Relations Department with Turkey Abdul Salam Rashid, also attended by the Turkish side Deputy Consul, where Mustafa highlighted during the meeting the spotlight on the latest political developments and the process of dialogue between Erbil and Baghdad and the position of the provincial government to resolve The problems between the two sides by peaceful means within the framework of the Iraqi constitution.
The statement noted that the Turkish Consul Hakan Kargai explained the position of his country on the military operation in Syria, stressing that his country is ready to urge Arbil and Baghdad to hold dialogues and support them with a view to resolve the outstanding issues between the two sides on the basis of the Constitution.
Nechirvan Barzani praises Washington's efforts to prepare the dialogue between Baghdad and Erbil
The head of the Kurdistan Regional Government, Nechirvan Barzani, praised the efforts of the United States in preparation for the launch of dialogue and serious talks between Baghdad and Erbil.
Barzani said during his meeting with US Deputy Secretary of State John Sullivan, the commitment of the Government of the Territory to continue dialogue and talks and solve problems on the basis of the Iraqi constitution, adding that the elections will be held in the region and the Kurds support the democratic process in Iraq.
For his part, Sullivan reiterated his country's commitment to continuing relations with the Kurdistan region and supporting the people and the government of the region. He expressed his hope to establish economic, political and security stability in the region and regain the important economic position he occupied.
US Embassy: Sullivan stressed commitment to a unified, democratic and federal Iraq
(Independent) .., the US embassy said that Deputy Secretary of State John Sullivan affirmed the United States commitment to a unified, democratic and federal Iraq, and its efforts to strengthen relations with this "important country"
The ministry said in a brief about Sullivan's visit to Iraq for the period from January 27 to 29, that he met with Prime Minister Haider al-Abadi, Foreign Minister Ibrahim al-Jaafari, Speaker of Parliament Salim al-Jubouri, Prime Minister of the Kurdistan Regional Government Nigirvan Barzani and Deputy Prime Minister of the Kurdistan Regional Government Qubad Talabani and a number of Senior political and economic officials.
The Deputy Foreign Minister congratulated Prime Minister Abadi on the success of his campaign against Dahesh and reiterated the commitment of the United States to continue security, political and economic cooperation with Iraq within the framework of the strategic framework agreement between the United States and Iraq.
The Deputy Foreign Minister also stressed the need to continue the practical dialogue between the Government of Iraq and the Kurdistan Regional Government. He urged the Prime Minister to continue to work with the Prime Minister of the Kurdistan Regional Government, Nechirvan Barzani and Deputy Prime Minister of the Kurdistan Regional Government, Qubad Talabani to reach practical consensus on issues, for example the issue of payment of salaries and the reopening of airports for international flights in accordance with the Iraqi constitution.
Deputy Foreign Minister Sullivan joined Deputy Foreign Minister Nizar Khairallah in holding the fifth meeting of the US-Iraqi High Coordination Committee on January 28 in Baghdad. They have committed themselves to building a multidimensional strategic relationship, particularly in the areas of trade and finance, as well as political and diplomatic cooperation.
The two sides agreed on concrete steps to address visa and residence issues and help promote trade cooperation between the two countries. Deputy Minister Sullivan stressed that the upcoming conference for the reconstruction of Iraq in Kuwait will provide an important opportunity for the Government of Iraq to offer attractive investment opportunities for foreign investors, including many US companies, and prove that Iraq is open for business.
In his meeting with Foreign Minister Jaafari, the Deputy Minister discussed US-Iraq relations in a post-Saddam era and the important role that the Strategic Framework Agreement will play to strengthen and deepen our strategic cooperation with Iraq.
On January 29, Deputy Foreign Minister Sullivan and his delegation visited Erbil, met with the Prime Minister of the Kurdistan Regional Government, Nechirvan Barzani and Deputy Prime Minister of the Kurdistan Regional Government, Qubad Talabani. Deputy Foreign Minister Sullivan reiterated US support for Iraq's Kurdistan region as part of a united Iraq.
Sullivan said the US government was encouraged by recent practical discussions and called for continued engagement between Erbil and Baghdad on key issues. The Deputy Minister and Prime Minister of the Kurdistan Region also discussed the importance of the reforms necessary to attract private sector investments in the Kurdistan region and the rest of Iraq.
"The United States is committed to a united, democratic and federal Iraq and to strengthening our relations with the people of this important country through our political, economic, cultural and educational policies and the strengthening of relations between the two governments," the embassy said.
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Independent.ie
Independent.ie
Finance Minister Paschal Donohoe will nominate Central Bank Governor Philip Lane as a candidate to become vice-president of the European Cenral Bank, government sources have confirmed. The Cabinet is understood to have signed off on the decision on Tuesday. The Irish Central Bank governor will be nominated to replace ECB vice-president Vitor Constancio steps down in May after serving an eight-year term and nominations for his replacement must be submitted by February 7. If Philip Lane gets the Read the full story
ASIC sues Commonwealth Bank over 'unconscionable' rate rigging9news.com.au
Metro Bank boss slams 'toxic' RBS culture during his tenureEvening Standard
Dubai's Emirates NBD in talks to buy Turkey's DenizbankGulf Business
Its alleged the Commonwealth Bank rigged rates. The corporate regulator has begun court action against Commonwealth Bank alleging it engaged in unconscionable conduct and sought to manipulate a key inter-bank interest rate. In the latest episode of the regulator's actions over alleged rate-rigging, and just a day after CBA named Matt Comyn as its new CEO, Australia's biggest bank now faces Federal Court action brought by the Australian Securities and Investments Commission over alleged Read the full story
Metro Bank boss Craig Donaldson on Tuesday told of the “toxic” culture at Royal Bank of Scotland during his time working there. Read the full story
Emirates NBD completed the acquisition of BNP Paribas' Egyptian assets in 2013 The post Dubai’s Emirates NBD in talks to buy Turkey’s Denizbank appeared first on Gulf Business. Read the full story
Goldman Sachs Acquires Team Behind Credit Card Startup FinalFast Company
Goldman Sachs has agreed acquire Final, an Oakland-based credit card startup, the bank confirmed to Fast Company on Monday. The new talent will help fuel the big bank’s expanding consumer banking efforts. Final cofounder and CEO Aaron Frank first announced the startup’s closure in early December, via blog post, but did not give a reason or disclose future plans. He and his team accepted Goldman’s acquisition offer shortly thereafter. With Final, Goldman gains about a dozen engineers and product Read the full story
Banks to pay $46.6M for alleged 'spoofing' trading scam
The traders were engaged in trying to manipulate the price of futures contracts, CFTC says. Read the full story
Banks pay $4M for lobbying as tax reform debatedFox News
J.P. Morgan's Jamie Dimon to stay CEO for 5 more years, but bank promotes possible successorsUSA TODAY
J.P. Morgan promoted two executives in a move that CEO Jamie Dimon and the bank's board say places "highly capable successors in place." Read the full story
Goldman, BofA and Citigroup ponied up a total of $2 million in 2017, the most among the nation's largest financial firms Read the full story
J.P. Morgan promoted two executives in a move that CEO Jamie Dimon and the bank's board say places "highly capable successors in place." Read the full story
TREASURIES/BONDS/STOCKS
Long-dated Treasury yields resume rise, but short-dated bond yields trade lowerMarketWatch
Short-dated Treasury yields edge lower while longer dated yields resume a climb ahead of an important State of the Union address from President Donald Trump. Read the full story
Stocks Are Dropping for a Second Day After Rising for So Long. What You Need to KnowFORTUNE
Top 5 Things to Know in the Market on TuesdayInvesting.com
US stocks poised for best January performance in decadesFox Business
World stocks were in their biggest two-day dive in six months on Tuesday and commodities were also jammed in reverse, as rising U.S. borrowing costs cooled financial markets’ euphoric start to the year. The move above 2.7% by U.S. Treasury yields — the benchmark for world lending rates — helped the dollar off the canvas though that was part of the issue. Oil slid back below $70, metals buckled and Asian stocks saw their biggest fall since early December after Wall Street had suffered its largest Read the full story
© Reuters. Top 5 things to know today in financial markets Read the full story
Here’s the line in the sand for bonds — and stocks — that ‘everyone’s talking about’MarketWatch
Stock sell-off poised to stretch into second sessionFox News
The big number this week could be the 3% level for the 10-year Treasury yield, as a rise to that spot may upset stocks. ‘If you’re the type who puts any stock in psychological levels, 3% has a not-so-nice ring to it,’ says today’s day. Read the full story
Stock market futures pointed toward a lower open on Tuesday, gearing the markets up for another negative session. Read the full story
U.S. pensions seen adding bonds, paring stocks: Wells FargoReuters
U.S. pensions are expected to shift more money into bonds and out of equities to rebalance their holdings at month-end in the wake of strong gains in the stock market in January, Wells Fargo strategists said on Monday. Read the full story
The S&P 500 is poised to finish January with its best performance for the first month of the year since 1987 while the Dow could post its strongest January since 1989. Read the full story
S&P 500 Drops Most in 99 Days as Bond Yields Batter StockBarron's
The Dow dropped 177 points today, while Goldman Sachs, the subject of a Barron's cover story this past weekend, bucked the weakness. Also, a look at the relationship between the dollar and oil. Read the full story
INSURANCE/HEALTH
Flu epidemic has medical centers scrambling for vaccineNBC News
Hospitals are taking drastic new steps to fight the nation’s worsening flu epidemic. Some facilities are reporting a vaccine shortage. NBC’s Gabe Gutierrez reports for TODAY from Atlanta. Read the full story
Preventive Care Saves Money? Sorry, It’s Too Good to Be TrueThe New York Times
Your Flu Could Actually Be This OTHER Virus — & Knowing The Difference Could Help You Treat ItBustle
Contrary to conventional wisdom, it tends to cost money, but it improves quality of life at a very reasonable price. Read the full story
ACA health insurance window closes WednesdayAM New York
About 2.1 million New York City residents already receive health insurance though the Affordable Care Act, according to the NY Department of Health. Read the full story
Answers to Questions About Health Savings Accounts and MedicareKiplinger
Midnight Wednesday is deadline for 2018 Covered California plansThe Mercury News
We tell you how much you can contribute to an HSA in the year you sign up for Medicare, plus other ways to coordinate HSAs and Medicare. Read the full story
The repeal of Obamacare's individual mandate doesn’t start until 2019, so the law's requirement to buy insurance is still in place for 2018. Read the full story
If flu season weren't already bad enough this year, there's another virus that mimics the flu but is actually something else entirely. If you're wondering how to tell if you have the flu, or something else, NBC News reported that symptoms of adenovir… Read the full story
How do people die from the flu?CBS News
While flu is most dangerous for adults over the age of 65 and children under the age of 5, it can turn deadly for anyone Read the full story
While flu is most dangerous for adults over the age of 65 and children under the age of 5, it can turn deadly for anyone Read the full story
CRYPTO'S / DIGITAL CURRENCY
Missed the initial bitcoin wave? Try smaller cryptocurrencies like stellar, says strategist Tom LeeCNBC
This is the year of the "Great Crypto Rotation," says Wall Street investor Tom Lee, as other cryptocurrencies enter the market and gain value. Read the full story
Bitcoin, Ether drop as cryptocurrency rules go live in South KoreaMarketWatch
Popular cryptocurrency bitcoin traded modestly lower Tuesday in subdued trading on the day that more stringent rules in mega-market South Korea go into effect. Read the full story
Does Your Broker Allow You To Play Bitcoin, Cryptocash Market?Investor's Business Daily
2018 might be the year of the ‘Great Crypto Rotation,’ says Wall Street investor Tom LeeCNBC
More than 1 million people sign up for early access to Robinhood's new crypto trading serviceCNBC
With Bitcoin still making headlines on a near-daily basis, investors want to know: Can they get in on the digital currency craze, too? Read the full story
This is the year of the "Great Crypto Rotation," says Wall Street investor Tom Lee, as other cryptocurrencies enter the market and gain value. Read the full story
If all those accounts become Robinhood Crypto customers, that will mark an increase of over 30 percent to the company's overall user base. Read the full story
Bitcoin price WARNING: Credit card firms lead new CRACKDOWN on cryptocurrencyExpress
Bitcoin THIEVES deceived by clever trader who TRICKED them into leaving with NOTHING
BITCOIN has seemingly become subject to further regulation with a series of credit card providers reviewing policies that allow customers to buy cryptocurrency with their credit cards. Bitcoin price has plummeted several times after reports of further regulations, with South Korea hoping to cut the cryptocurrency’s anonymity amongst traders and other experts warning of tax authorities looking to crackdown on profits made by traders and mining operations. Read the full story
Express
BITCOIN thieves were deceived by a cryptocurrency trader who pretended to transfer the criminals his profits from the valuable tokens after his house in Moulsford was raided, it has emerged. Investor Danny Aston and his partner Amy Jay, 31, are suspected of being targeted by the cryptocurrency thieves, according to Thames Valley Police. Detective Inspector Ben Henley said: “The investigation is in its early stages. However, initial inquiries suggest this may be a targeted incident.” Read the full story
CURRENCIES
The dollar is doing something it hasn’t done since 1987CNBC
The greenback is getting walloped. Here's where it could be headed, according to Phil Streible of RJO Futures. Read the full story
The US dollar is tanking in EuropeMy San Antonio
The outlook is bright for Bay Area travelers hoping to snag deals on flights to Europe this year, but there are clouds on the horizon. That's because the US dollar is weakening across the pond which will make the region a lot more expensive for Americans in 2018. Read the full story
Dollar pulls back on ‘Turnaround Tuesday’ as 10-year Treasury yield slips below 2.7%MarketWatch
The dollar resumed its selloff on Tuesday, giving back part of the prior session’s rally as the 10-year U.S. benchmark yield slipped back below 2.7%. Read the full story
Forex - Dollar Moves Higher Ahead of Trump Speech, FedInvesting.com
Forex - Dollar Erases Gains Vs. Rivals in Cautious TradeInvesting.com
© Reuters. Dollar higher before Trump speech, Fed Read the full story
Dollar pulls back from session highs ahead of Trump speech Read the full story
Sterling predicted to hit pre-Brexit vote level before the end of 2018CNBC
Sterling had been on a downward trend since the UK's vote to leave the EU, but reduced concerns over an abrupt break-up are sending the currency higher. Read the full story
Forex - Aussie, Kiwi Slip Lower as Greenback Continues to StrengthenInvesting.com
Rupee weakens against US dollar in opening tradeLivemint
Aussie and kiwi fall against stronger greenback in late trade Read the full story
Mumbai: The Indian rupee on Tuesday weakened against the US dollar ahead of the key domestic as well as global events due later this week. Read the full story
Forex - PBOC Sets Yuan Parity At 6.3312 Against DollarInvesting.com
© Reuters. Yuan parity Read the full story
© Reuters. Yuan parity Read the full story
Today: Six Things to Know About That Secret MemoLos Angeles Times
As prosecutors seek an interview with President Trump, his Republican allies in Congress are trying to raise doubts about the inquiry. Read the full story
The Trump administration says it will lift a partial ban on refugees from 11 countries, but subject them to tough new security measures before Read the full story
Trump expected to tout strong economy in first State of the UnionCBS News
Tuesday night's unfiltered primetime address is a key opportunity for Trump to push his administration's agenda Read the full story
Fed will be forced to raise rates more rapidly than expected because of accelerating economy, survey saysCNBC
Respondents expect GDP to rise 2.9 percent, about half a point higher than the average forecast in July survey. Read the full story
Negotiations are stalled on the future of the North American Free Trade Agreement. How would the market react if the Trump administration pulled the U.S. out of it? Read the full story
Andrew McCabe, FBI deputy director, steps down amid Trump and Republican criticismUSA TODAY
Trump has blamed McCabe for influencing the decision not to criminally charge his election opponent Hillary Clinton for her use of a private email server. Read the full story
Canada's economy going from a 'sprint to a marathon' paceCBC News
The Canadian economy's surprising run for most of 2017 will likely start to decelerate this year as the country reaches its peak capacity for rapid growth, experts say. Read the full story
House Republicans Vote to Release Secret Memo on Russia ProbeThe New York Times
Disregarding Justice Department warnings, the House Intelligence Committee will release a secret memo questioning the origins of the Russia investigation. Read the full story
Disregarding Justice Department warnings, the House Intelligence Committee will release a secret memo questioning the origins of the Russia investigation. Read the full story
EMERGING MARKETS
FEMA To End Food And Water Aid For Puerto RicoNPR
The Federal Emergency Management Agency has delivered millions of meals and gallons of water since Hurricane Maria devastated the island. Four months later, it says that help is no longer needed. Read the full story
I&M Linemen Spending One Month In Puerto Rico94.9 WSJM-FM
Nine linemen from Indiana Michigan Power will be working 12 to 16 hours per day, seven days a week for the next month. That’s because they’re in Puerto Rico helping to restore power following September’s hurricane. I&M spokesperson Schnee Garrett tells WSJM News they’re in a hard-to-reach place. “They are working in an area that’s very rugged, mountainous terrain,” Garrett said. “It has little or no road access. In addition to that, much of the island’s infrastructure has yet to be repaired. Our Read the full story
Gillibrand to bring San Juan mayor to State of the UnionCNN
Sen. Kirsten Gillibrand will bring San Juan Mayor Carmen Yulín Cruz as her guest to Tuesday's State of the Union address, the New York Democrat announced in a tweet Monday. Read the full story
Art Stage Singapore 2018 Review: An Emerging Market in Search of Scene
ARTINFO
After years of living and working in the New York art world, Isa Lorenzo of Silver Lens Galleries in Manila said she went back home to the Philippines and “found nothing” resembling an art scene. “And I thought—that is where I want to start. It was a carte blanche.”Like many other markets in Southeast Asia, the art market here is an emerging one. Yet on VIP preview night at Art Stage Singapore, where the white walls of over 80 stalls were filled with art from 38 cities across the world, a crowd Read the full story
Colombia central bank cuts interest rate, surprises marketColombia Reports
Colombia’s central bank unexpectedly lowered the lending rate on Monday, the last cut in its current cycle, as policymakers try to boost a still-sluggish economy even as inflation remains above… Read more Colombia central bank cuts interest rate, surprises market Read the full story
BRAZIL: Interest Rate Forecast For 2018 Remains At 6.75% Per YearRTTNews
Economists polled by the Brazilian central bank kept their estimates for the country's benchmark interest rate (Selic) unchanged for the fifth consecutive week at 6.75% for the end of 2018. The forecast for the average rate in 2018 remained at 6.75% for the sixth week in a row. Read the full story
Economists surveyed by the Brazilian central bank trimmed their forecasts for economic growth in 2018 to 2.66%, from 2.70% last week. For 2019, projections were raised to 3.00%, from 2.99% last week. Read the full story
The Hill
Rep. Read the full story
State Department says sanctions against Venezuela are ‘absolutely working’Miami Herald
Why the emerging-market bond boom could suffer from Trump’s tough trade talkMarketWatch
Emerging market debt is attracting strong inflows even as President Donald Trump’s trade agenda moves into focus. Read the full story
The United States’ use of sanctions to punish Venezuelan officials and strangle the economy is “absolutely working” and will remain a prime strategy for trying to force democratic change in the South American country, senior U.S. State Department officials said Monday. Read the full story
Emerging market debt is attracting strong inflows even as President Donald Trump’s trade agenda moves into focus. Read the full story
MIDDLE EAST
Saudi Arabia rakes in $107 billion from corruption suspects
CNN Money
Nearly three months after arresting dozens of princes, businessmen and officials, Saudi Arabia is tallying up how much it has recovered from its crackdown into alleged corruption. Read the full story
Israel's Blockchain Mining looks at Nasdaq, Toronto listings
Business Insider
Arab states are 'determined' to stick with reforms despite deepening 'frustration', IMF says
CNBC
Arab nations are already beginning to reap the benefits of ongoing economic reform packages, the International Monetary Fund (IMF) said Monday. Read the full story
Business Insider
FILE PHOTO - A view of the exterior of the Nasdaq market site in Times Square after the Nasdaq breached the 6,000 mark for the first time ever on Tuesday, in New York City Thomson Reuters By Steven Scheer TEL AVIV (Reuters) - Blockchain Mining Ltd said on Tuesday it was preparing to list its stock on Nasdaq and the Toronto Stock Exchange by July after Israel's market regulator said it might ban companies involved in cryptocurrencies from the Tel Aviv exchange. Earlier this month, the Israel Read the full story
CNBC
Arab nations are already beginning to reap the benefits of ongoing economic reform packages, the International Monetary Fund (IMF) said Monday. Read the full story
AFRICA
Zimbabwe: We Will Scrap The Bond Note, Adopt Rand - OppositionAllAfrica
MDC Alliance will scrap the bond note and join the Rand monetary Union as part of its measures to stabilize the economy and build investor confidence in the country, People's Democratic Party (PDP) leader has said. Tendai Biti was addressing an MDC Alliance rally held at Chisamba grounds in Sakubva Mutare on Sunday. The former finance minister in the unity government said the Alliance government will also build reserves of $9 billion as the current reserves under Zanu PF have a paltry $29 Read the full story
Africa: EU, AU Pledge to Support ZimbabweAllAfricaAddis Ababa The European Union (EU) and African Union (AU) have both pledged unwavering support to President Mnangagwa's Government in its efforts to reintegrate Zimbabwe into the international community and reforms to place the economy on a growth trajectory. AU chairperson Mr Moussa Faki Mahamat will visit Zimbabwe soon to assess how the AU can support the country in its preparations for harmonised elections, to be held by June this year and renewed efforts to have illegal sanctions imposed by Read the full story
Zimbabwe: New Opposition Pledges U.S.$150 Billion in 5 YearsAllAfrica
Ambitious Presidential hopeful Blessing Kasiyamhuru and his party have pledged a $150 billion economy within the first five years of their rule if elected as the country's new governors during an election due this year. Kasiyamhuru is leader of the newly formed Zimbabwe Partnership for Prosperity (ZIPP). On Friday, he led a few party officials to an informal meeting with journalists at the Harare Press Club during which he implored Zimbabweans to vote his party into power as they placed "God at Read the full story
Zimbabwe: Australian Firms Eager to InvestAllAfrica
Australian companies have expressed interest in investing in Zimbabwe following opportunities that were ushered in by the new political dispensation. This was said by the outgoing Australian Ambassador to Zimbabwe Ms Suzannne McCourt at a reception to mark Australia's National Day and to bid her farewell following the end of her tenure in Harare on Friday. She also said Australia was willing to help Zimbabwe to rejoin the Commonwealth. "Zimbabwe right now has an opportunity for change. We hear Read the full story
Australian companies have expressed interest in investing in Zimbabwe following opportunities that were ushered in by the new political dispensation. This was said by the outgoing Australian Ambassador to Zimbabwe Ms Suzannne McCourt at a reception to mark Australia's National Day and to bid her farewell following the end of her tenure in Harare on Friday. She also said Australia was willing to help Zimbabwe to rejoin the Commonwealth. "Zimbabwe right now has an opportunity for change. We hear Read the full story
Zimbabwe: Exports Dwindle Despite Banana Production IncreaseAllAfrica
Banana production in the country has increased by 180 percent due to introduction of out-growers' programmes and increase in hectarage by local farmers, says Confederation of Zimbabwe Industries (CZI). CZI national vice president, Richard Chiwandire, said Manicaland province has produced 36,975 tonnes contributing 81 percent while other provinces combined produced 8,800 tonnes (29%). He said in total Zimbabwe produced 45,775 tonnes in 2017 against 16 000tonnes in 2015. "Banana production Read the full story
Banana production in the country has increased by 180 percent due to introduction of out-growers' programmes and increase in hectarage by local farmers, says Confederation of Zimbabwe Industries (CZI). CZI national vice president, Richard Chiwandire, said Manicaland province has produced 36,975 tonnes contributing 81 percent while other provinces combined produced 8,800 tonnes (29%). He said in total Zimbabwe produced 45,775 tonnes in 2017 against 16 000tonnes in 2015. "Banana production Read the full story
Can cryptocurrencies replace national currencies? | Rolling AlphaFinance - Rolling Alpha
In the recent monetary troubles in Zimbabwe, many crypto-fans declared that the Zimbabwean economy would be the first to mass-adopt Bitcoin. And from what I could tell, the only obstacles that needed to be overcome were: Regulation (“If government would just stay out of it, then people would definitely want to use it! Besides, the internet is everywhere. They can’t stop us using it. They can only stop the local banking transactions that prevent the exchange of fiat for crypto.”); Education (“If Read the full story
In the recent monetary troubles in Zimbabwe, many crypto-fans declared that the Zimbabwean economy would be the first to mass-adopt Bitcoin. And from what I could tell, the only obstacles that needed to be overcome were: Regulation (“If government would just stay out of it, then people would definitely want to use it! Besides, the internet is everywhere. They can’t stop us using it. They can only stop the local banking transactions that prevent the exchange of fiat for crypto.”); Education (“If Read the full story
ASIA
Financial risk facing China worse than in US before global crash, former finance minister saysSouth China Morning Post
Systems have become distorted and messy, National Social Security Fund Council chairman Lou Jiwei says Read the full story
FILE PHOTO: Logo of Nomura Holdings is pictured in Tokyo Thomson Reuters TOKYO (Reuters) - Japan's Nomura Holdings Inc <8604.T> has beefed up its U.S. investment banking team as the brokerage and investment banking group looks to grab a bigger share of fees in the world's biggest economy. Nomura said in a statement late on Monday it had hired 15 senior bankers in the United States over the past 12 months in areas including mergers and acquisitions, leveraged finance, and equity capital markets. Read the full story
China rejects claim it bugged headquarters it built for African Unionthe guardian
Beijing dismisses report it put bugs in walls and desks and downloaded data from its servers every night for five years China and the African Union dismissed on Monday a report that Beijing had bugged the regional bloc’s headquarters, which it built and paid for in the Ethiopian capital. French newspaper Le Monde quoted anonymous African Union (AU) sources saying that data from computers in the Chinese-built building had been transferred nightly to Chinese servers for five years. Continue Read the full story
Crude Oil Mixed In Asia With API Estimates Ahead, Eye On DollarInvesting.com
© Reuters. Crude mixed in Asia Read the full story
© Reuters. Crude mixed in Asia Read the full story
EUROPE
Eurozone growth hit 10-year high in 2017BBC News US
The economy of the 19-nation bloc grew by 2.5% last year, the fastest pace for a decade. Read the full story
U.K. government’s secret analysis shows widespread economic damage from BrexitMarketWatch
Euro Zone Q4 GDP Rises 0.6%, Matching ConsensusInvesting.com
A leaked document seen by Buzzfeed News lays out all the damage Brexit will do to the U.K. economy, with no sector or region expected to escape. Read the full story
© Reuters. Euro zone Q4 GDP increased 0.6% as expected Read the full story
Here’s one thing that could ruin the ‘euroboom’MarketWatch
Things are going great in the eurozone, with the region’s economy emerging strong from the debt crisis that just a few years ago threatened to tear apart the entire currency union. But an immediate risk is looming that could put a quick end to the rosy scenario: Italy’s general election on March 4.Read the full story
EU Must Prove It's Open for Business After Brexit, U.K. SaysBloomberg
Barnier Warns EU Can't Ensure U.K. Keeps Trade Perks The European Union risks missing out on international trade unless it shows it’s open for business by giving Britain a good deal on Brexit, a senior U.K. minister said. International Trade Secretary Liam Fox said in an interview in London that investors and officials around the world are waiting for signs that the remaining 27 EU countries will still be competitive after the pro-free market U.K. leaves. “The rest of the world is looking to see Read the full story
UK will be worse off in every possible scenario after Brexit, concludes leaked Government analysisThe Independent
The UK will be worse off after Brexit regardless of the terms of its departure from the EU, according to a leaked Government impact assessment. Read the full story
Global debt selloff pushes more European bond yields into positive territoryMarketWatch
Passport fees to increase making postal applications £12.50 more expensive than onlineThe Telegraph
Wish List Of FinTech Startups From The Upcoming Union Budget 2018Inc42
As another financial year is about to start, expectations and hopes are running high with the anxiety and anticipation of that of a child waiting for the birthday present about to be unveiled. Along with the rest of industry, fintech startups are also looking forward to a favourable Union Budget 2018. Fintech startups have had a good 2017, thanks to the positive policy environment and the clear intent of the current government to put digitisation on the fast track. But there is a long way to go Read the full story
Growing expectations for the ECB to end its ultra-accommodative stance have yanked yields for European government paper higher. Read the full story
Passport applications will cost more in the post than online for the first time under Government proposals. Read the full story
As another financial year is about to start, expectations and hopes are running high with the anxiety and anticipation of that of a child waiting for the birthday present about to be unveiled. Along with the rest of industry, fintech startups are also looking forward to a favourable Union Budget 2018. Fintech startups have had a good 2017, thanks to the positive policy environment and the clear intent of the current government to put digitisation on the fast track. But there is a long way to go Read the full story
Blessed and Highly Favored:
The CBI for Wednesday 1/31/18 did update on the indicative rates Sell Rate 1184
The currency auction is 169,919,883
There is one news and announcements for Wednesday 1/31/18
1. Signature of the deposit guarantee company
Signing the contract of establishment of the Deposit Insurance Company based on the duties of the Central Bank of Egypt.
January 31, 2018
Signing the contract of establishment of the Deposit Insurance Company based on the duties of the Central Bank of Egypt.
January 31, 2018
And the establishment of the deposit guarantee company
In accordance with the duties of the Central Bank of Iraq provided for in its law and in order to ensure the stability of the banking sector and increase confidence in it, "the contract of establishment of the bank deposit guarantee company was signed with the founding body", which included government and private banks, including foreign banks, a total of 44 banks distributed by 6 government banks 22 commercial banks and 16 foreign banks.It is expected that this company will play a major role in protecting the banking sector, especially the deposits of the public (individuals and companies), which will enhance confidence in the banking sector inside Iraq and in the correspondents of banks outside Iraq, which will contribute to attracting more deposits and reuse them in credit and investment to serve the economy. Iraq.The capital of the company is 100 billion dinars, of which 55 billion dinars from government and private banks where the proportion of government banks 25% and private banks 30% and the remaining 45 billion dinars will be offered for public subscription.Baghdad31 January
In accordance with the duties of the Central Bank of Iraq provided for in its law and in order to ensure the stability of the banking sector and increase confidence in it, "the contract of establishment of the bank deposit guarantee company was signed with the founding body", which included government and private banks, including foreign banks, a total of 44 banks distributed by 6 government banks 22 commercial banks and 16 foreign banks.It is expected that this company will play a major role in protecting the banking sector, especially the deposits of the public (individuals and companies), which will enhance confidence in the banking sector inside Iraq and in the correspondents of banks outside Iraq, which will contribute to attracting more deposits and reuse them in credit and investment to serve the economy. Iraq.The capital of the company is 100 billion dinars, of which 55 billion dinars from government and private banks where the proportion of government banks 25% and private banks 30% and the remaining 45 billion dinars will be offered for public subscription.Baghdad31 January
ISX Update:
Value Traded
1,117,463,512
Shares Traded
1,294,981,852
ISX ended in Green
Kauaihn Chatter:
1-30-2018 Newshound Guru MilitiaMan Article: "US Deputy Secretary of State: We are committed to Iraq with the strategic framework agreement" Quote: "Announced that the US State Department on Tuesday January 30, 2018, a summary of deputy Minister John Sullivan meetings in Iraq, as he stressed his country 's commitment to "strategic framework agreement" with Iraq, " Looks like they are sealing the deal for everyone to get the picture. They mean business. They didn't do all this work for nothing. They are doing it all for the Foreign investors. They will need a trade-able international rate a PROVEN one... eos.
1-30-2018 Intel Guru Frank26 Article: "Al-Abbadi returned disappointed with Davos after hearing harsh words" Quote: "...Abadi faces a great challenge in persuading foreign donors and investors to work in Iraq in light of the spread of corruption and lack of political and economic guarantees." [...could Abadi wait until after the Kuwait conference mid Feb to get more interest from those attending before they pull the trigger...in light of the recent article...on Abadi returning to Iraq disappointed by lack of interest from Davos in Iraq.] THE POSSIBILITY IS LOGICAL...BUT I GIVE NO DATE...WE TAKE ONE INCH...ONE DAY AT A TIME. BECAUSE ALL OF THE 3 HEADED MONSTER'S REQUIREMENTS ARE DONE...ALL UP TO ABADI WHEN TO... LAUNCH...HENCE WE WAIT.
1-30-2018 Intel Guru Blaino We're still getting rate updates and other news that gives us the strong impression that exchanges may be closer than ever. Rates across the board are on the rise if the rumors are to be believed and yet there is never any confirmation from any official source which can here be posted and stand up to any kind of vetting process.
1-30-2018 Intel Guru Delta Article: "The United States is preparing to activate the framework of the trade and investment agreement with Iraq" Quote: "The United States promised to activate the framework of the trade and investment agreement with Iraq, stressing its support for strengthening ties between the two countries to build a multi-dimensional relationship through trade, education...and others." US CAN'T ACTIVATE TRADE WITHOUT RATE...WOWWW...
1-30-2018 Newshound/Intel Guru Mnt Goat [We were told they already determined the rate and a date.] Yes they do have a target date in mind to complete the process but the rate is yet not finalized. Yes, they do have a general ball park figure but until it comes out and they finish with this process, I don’t even think they know. ...We have to wait and see. The important part is this process is VERY, VERY near completion and we are very close to the conversion completion and the lower category notes being launched. Once they do this there is no turning back.It is now only a couple days remaining in January. I was told we would see this in January and I am still sticking to this until they tell me otherwise. [post 3 of 3]
1-30-2018 Newshound/Intel Guru Mnt Goat ...in late December they requested the re-instatement and it was approved and began moving forward. However, this was conditional upon fulfilling mandates agreed to as part of the SDA (stand by agreement)...Part of the mandates was to pay all outstanding debts. This was completed last week for worker’s salaries but not for retirees and pensions. This is now the last piece to the puzzle. I suspect one of the major banks will be paying these out this week. So now we see the CBI is slowly adjusting to a new rate as they slowly complete the payrolls to the citizens. Note I did not say Iraq is rolling out a new rate. [So when will we see the rate on FOREX?] This is not now possible since thru this “adjustment” process they are determining the rate the economy can initially withstand. Once this is determined AND they completed all other mandatory tasks they will move the rate to FOREX. By they I mean the US Treasury who has control over this system. [post 2 of 3....stay tuned]
1-30-2018 Newshound/Intel Guru Mnt Goat The process is moving so quickly. Sometimes I still think Iraq is trying to buy time, as we are seeing repeat articles once again on the paying of some salaries. These have fresh dates on them but we know they are old and this business is already taken care of. So this is one concern I have. The other concern is the passing of the 2018 budget and the Article 140. ...The budget is yet another one I am trying to figure out. I think perhaps the stalling for time is related to this issue.
I told you that when the re-instatement occurs it will happen first in Iraq. Iraq will go to 1:1... ONLY within Iraq. They are not lopping the zeros off for currency outside of Iraq. We are living outside Iraq and will exchange our dinar for a global currency exchange rate such as on FOREX. [post 1 of 3....stay tuned]
1-29-2018 Intel/Newshound Guru Angelquest Article: "Did the international community in Davos abandon the reconstruction of Iraq?" Time to put your big boy pants on now Abadi, get the budget taken care of, get the bad guys put in jail, and know it is time for Iraq to stand on it's own 2 feet just like everyone else. The international community wants a stable government before they invest, not a maybe elections in May, maybe pass the budget, maybe prosecute the bad guys maybe not. I wouldn't want my money tied up in Iraq until there are major changes. I think this will be a major wake up call for Abadi and Iraq.
1-30-2018 Newshound/Intel Guru BGG Article: “Associated Press: Donor countries will ask Iraq guarantees not to go to corrupt money” This is EXACTLY the case I have been laying out. Abadi is on a roll – but he needs to keep rolling!! [reference Guru mike post 1-28-2018]
1-30-2018 Newshound Guru mike Article quote: "...confirmed that Iraq imports 99 percent of its needs, indicating it is estimated at 50 billion dollars." Iraq is relying on the Balassa-Samuelson effect in order to slowly raise the value of the dinar that exports create. There won't be any demand for the dinar if they don't stop importing everything they consume and start creating their own goods.
Elmer:
Not in today
Artmeister:
Sent: Tuesday, January 30, 2018 4:32 PM
Subject: White Hats Report #63: Arrest the Fed
THE WHITE HAT REPORT GIVES YOU THE CURRENT STATE OF THE WORLD. THE GOOD GUYS ARE WORKING ON RIGHTING THE WRONGS BY THE DARK CABAL. THEY ARE REPORTING THAT THOUSANDS OF THE BAD ONES HAVE BEEN ARRESTED AND FLOWN TO GITMO SO FAR. MANY MORE TO GO. THIS REPORT IS FACTUAL AND IF YOU WILL TAKE THE TIME TO READ IT AND WATCH THE VIDEOS, YOU WILL KNOW THE TRUTH.
y
1/29/2018 11:04:00 PM News, White Hats
White Hats Report #63 – #ARRESTtheFED
The Storm is here.
The releases coming over the next few weeks will expose the details of the methods by which the cabal rules the world through the control of money by showing you trading contracts with proceeds as high as $3 Trillion and $25,000 Trillion. Enough to fund every TRUE humanitarian project on Earth in addition to advanced technology, free energy, the exploration of our universe, housing, hydroelectric projects for undeveloped countries, turning deserts green and other infrastructure projects all over the world. Instead, the money is used to subvert the production of the people to a select few bloodline families. This is how these people control Planet Earth.
Signatories to the trading contracts:
Federal Reserve:
Alan Greenspan
Ben Bernanke
Roger Ferguson
Janet Yellen
Timothy Geithner
US Government:
Barack Obama
Joe Biden
Jack Lew
Paul O’Neill
Neil Wolin
Trading Programs
Trading programs were created as a way to raise funds for projects that relate to humanitarian endeavors, ie. Creating, maintaining and rebuilding infrastructure, assistance with bringing undeveloped countries up to current technologies, rebuilding communities after natural disasters….are just a few of the applications.
But, as with anything to do with the financial world, the rat pack of bankster cabalists have infested it at the highest levels to subvert the program for their own devious plans to control the world. History is replete with personalities whose aspirations to run the world are well known: Alexander the Great, Genghis Khan, Julius Caesar, Adolph Hitler….are just a few who come to mind. Why is it such a stretch to believe that that same lust for power is not present today? Rather than be accomplished by might and power and strength and armies all out in the open, now it’s being done in secret by conning the people of the world utilizing a usury system of currency control akin to immoral grifters running a game of three card monty.
Trading programs are initiated, administered, operated and controlled by the Federal Reserve. Sound familiar? You should know what’s coming next.
Now that the information is out in the open about how the Federal Reserve and their bankster brethren are operating a massive con game on the public, we’re going to take you to a deeper level, never seen before and never revealed to the masses on the scale we’re about to unveil.
The elements of a trading program contract are very simple, an investor, an amount, a time period, collateral, earnings and payout schedule. The investor puts up the collateral (asset), the Federal Reserve administrates the profit generation mechanism (program trading, bank to bank) and the proceeds of the trading profits are split between the parties to the contract and the project fund. There are two parties to the contract, the investor and the Federal Reserve Bank (NY), a PRIVATE CORPORATION.
The scam is simple although the protocols and mechanisms of the process are sophisticated. Find an investor with vast sums of cash or gold or equivalent asset value, enter into a contractual agreement where their humanitarian objectives are accomplished, then when the proceeds are paid from the inter-bank trading platforms, steal the proceeds and use it for a variety of means, all of which are crimes against humanity and serve to keep us all in chains.
Over the years, we’ve documented the thefts on Falcone, Tropos, Wanta and others, accomplished by bribes and payoffs in the millions of dollars. When you generate multiple trillions with each trading contract, what’s a few hundred million paid to the Clintons, Romney, Herzog, Guenette, Biden and others to keep their mouths shut? When you generate $25,000 Trillion ($25 Quad), you could pay every debt on the books, fund all governments for decades and of course, trigger a financial reset to enrich every person on the planet.
But no, that’s not how it’s done when you run the world. You coerce, bribe, blackmail, steal and deceive your way into controlling the planet by controlling the flow of money, creating a process by which you are the ones at the top of the pyramid. The majority of money generated from these programs is OFF BALANCE SHEET. This means it is NOT reported…..recall the old joke about “two sets of books.”https://www.scribd.com/documen
https://www.scribd.com/documen
https://www.scribd.com/documen
Background
Remember in 2014 when the Vatican Bank admitted to finding “hundreds of millions of Euros” off balance sheet? Say what????
Whoops.Vaican Finds Hundreds of Millions of Euros off balance sheet
Vatican Discovers hundreds million euros off balance sheet
We found it incredulous that NO ONE has questioned this. Of course we’ve documented in our reports how the politicians use the Vatican Bank as their money laundering haven so we weren’t surprised to hear this although we were surprised they admitted it publicly. However, due to the media being owned by the cabal, a string that could’ve been pulled to unravel the whole yarn of banking cartel scams, corruption and theft were not pursued.
Guess what? We’re pursuing it on a grand scale.
There are a lot of secrets out there, most of them, if known, would change the world because, after all, knowledge is power. Knowledge that goes back centuries, to the library at Alexandra in Egypt where Caesar supposedly sacked and burned it, a historical lie to keep us from searching for the scrolls and manuscripts which would open our eyes to a whole new world. Most assuredly that information is contained in the catacombs of the Vatican and is just one example of control exercised by the rulers of our planet.
The secrets we will be releasing in the next few weeks are current, modern day information that needs to be imparted upon the world so that the corrupt, deceitful underbelly of power is exposed to all. Make no mistake, they are criminal acts with huge implications for all involved. This relates to the money changers, the central banksters, the Federal Reserve and above the law theft of assets of the world. For their own benefit and those of the cabal and the Deep State. Money to bribe politicians, silence dissenters, fund black projects and develop technology that is kept hidden from the world and only utilized by them to keep control of the masses.
Federal Reserve
This private corporation, established in 1913 by legislative authority born of secret meetings on Jekyll Island with the passage occurring and being signed into law on December 23, 1913, right before the Christmas recess. Owned by the Rothschild European bloodline banking family along with their American co-conspirator banking families; the Rockefellers, Morgans, Harrimans, Browns and Warburgs. These parties are nothing but thieves, unelected, unaccountable and beyond reproach according to the master prevaricator and con man himself, Alan Greenspan. In this short video clip, he explains the way things are and then Ben Bernanke gets grilled about giving money to foreign banks during the bank bailout of 2008:
A prevaricator because he refers to the Federal Reserve as an “agency” of which they are NOT, they’re a private corporation run by bankers…..for the benefit of bankers and unaudited, unrestrained and unchecked in their operations. Akin to the neighborhood shylock, they print worthless paper, call it money when it’s a debt, then charge the American public interest for simply being made to use it for legal tender. Pull out one of your bills of any denomination and look at the very top. It reads:
FEDERAL RESERVE NOTE
Note defined by the Free Dictionary:
Noun
3. a. A piece of paper currency.b. A debt security, usually with a maturity of ten years or less.
c. A promissory note.
So in essence, what we all think is cash is exactly the opposite, a note, a promise to pay with interest. That interest is paid in the form of Federal income taxes. From the Grace Commission report issued on January 12, 1984 at the behest of then President Ronald Reagan:
“With two thirds of everyone’s personal income taxes wasted or not collected, 100% of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which the taxpayers expect from their government.”
Yes, in essence, the Federal Reserve charges the American taxpayers interest on money we are required to use as legal tender, “money” that costs them nothing to produce. So, we get charged interest on “currency” we are REQUIRED to use by the Federal Reserve who pay nothing for the privilege of stealing from us all.
This is akin to paying forever on your car note or mortgage note because NONE of it goes to pay down the principal, instead providing a steady cash flow (interest) to the creditor, in this case the Federal Reserve. Perpetual debt to keep humanity enslaved and beholden to the closet controllers of the world who hide behind a fake “agency” that is neither Federal nor a reserve as Lord James so eloquently stated on February 16, 2012.
Economists, the theoreticians of the financial community, love to discuss, debate and dissect inflation and deflation in their endless reports and opinion pieces in a never ending quest to justify their existence. News flash, inflation is simply accumulated interest owed to the banksters that gets put on top of the cost of goods and services disguised as “the cost of living”. No morons, it’s the cost of interest, carried for decades and generations in a never ending cycle of wealth transfer from the real people in this world who WORK and contribute for a living rather than sit in their castles and collect their vig off the backs of the people.
What is produced when a banker earns interest from money he doesn’t own nor pay for?
Nothing….zip, nada and zilch.
It should be clearly understood that we are charged interest on currency we are REQUIRED to use, paid to banksters who neither own the money nor pay a fee for it. This is the biggest con job going. And as the master thief himself, Alan Greenspan said, in his own words, “There is no other agency in government that can overrule actions that we take”. Those actions include creating stock market crashes, raising and lowering interest rates without regard for economics but with an eye on THEIR bottom lines and the determining of who gets loans for projects and businesses and who does not. Think about those three items, they are the essence of the financial system, putting the people at their mercy which is not mercy at all but greed and avarice on a scale that is incomprehensible.
The following is a YouTube that describes the formation and secrecy behind the Federal Reserve. The first 10 minutes are relevant:
George Carlin sums it up:
Barry Soetoro
This Kenyan born, empty suited con man nearly destroyed the US with his Socialist ideology, his Islamist religious subservience and his predicament of being easily the most blackmailed and compromised president in US history. Nothing but a yes man who was only too eager to do the bidding of cabalists such as George Soros, der Fuhrer himself, George HW Bush and others of bloodline heritage. Even his most ardent of supporters would be hard pressed to identify any achievement in his 8 pathetic years except to steer the ship of state into a hurricane of such destructive proportions as to completely obliterate American values enumerated in the Constitution.
The Storm has arrived
This is the first of several in our storm release series. There are storms raging all over the US, both premiere law enforcement agencies, the FBI and DOJ are under severe attack and a serious cleansing and imprisoning campaign is about to begin.
We see your FBI and DOJ exposures and raise you a Federal Reserve scam.
Who’s in?
“Security against defeat implies defensive tactics; ability to defeat the enemy means taking the offensive.”
–Sun Tzu, The Art of Warhttp://whitehatsreport.com/201
The Storm is here.
The releases coming over the next few weeks will expose the details of the methods by which the cabal rules the world through the control of money by showing you trading contracts with proceeds as high as $3 Trillion and $25,000 Trillion. Enough to fund every TRUE humanitarian project on Earth in addition to advanced technology, free energy, the exploration of our universe, housing, hydroelectric projects for undeveloped countries, turning deserts green and other infrastructure projects all over the world. Instead, the money is used to subvert the production of the people to a select few bloodline families. This is how these people control Planet Earth.
Signatories to the trading contracts:
Federal Reserve:
Alan Greenspan
Ben Bernanke
Roger Ferguson
Janet Yellen
Timothy Geithner
US Government:
Barack Obama
Joe Biden
Jack Lew
Paul O’Neill
Neil Wolin
Trading Programs
Trading programs were created as a way to raise funds for projects that relate to humanitarian endeavors, ie. Creating, maintaining and rebuilding infrastructure, assistance with bringing undeveloped countries up to current technologies, rebuilding communities after natural disasters….are just a few of the applications.
But, as with anything to do with the financial world, the rat pack of bankster cabalists have infested it at the highest levels to subvert the program for their own devious plans to control the world. History is replete with personalities whose aspirations to run the world are well known: Alexander the Great, Genghis Khan, Julius Caesar, Adolph Hitler….are just a few who come to mind. Why is it such a stretch to believe that that same lust for power is not present today? Rather than be accomplished by might and power and strength and armies all out in the open, now it’s being done in secret by conning the people of the world utilizing a usury system of currency control akin to immoral grifters running a game of three card monty.
Trading programs are initiated, administered, operated and controlled by the Federal Reserve. Sound familiar? You should know what’s coming next.
Now that the information is out in the open about how the Federal Reserve and their bankster brethren are operating a massive con game on the public, we’re going to take you to a deeper level, never seen before and never revealed to the masses on the scale we’re about to unveil.
The elements of a trading program contract are very simple, an investor, an amount, a time period, collateral, earnings and payout schedule. The investor puts up the collateral (asset), the Federal Reserve administrates the profit generation mechanism (program trading, bank to bank) and the proceeds of the trading profits are split between the parties to the contract and the project fund. There are two parties to the contract, the investor and the Federal Reserve Bank (NY), a PRIVATE CORPORATION.
The scam is simple although the protocols and mechanisms of the process are sophisticated. Find an investor with vast sums of cash or gold or equivalent asset value, enter into a contractual agreement where their humanitarian objectives are accomplished, then when the proceeds are paid from the inter-bank trading platforms, steal the proceeds and use it for a variety of means, all of which are crimes against humanity and serve to keep us all in chains.
Over the years, we’ve documented the thefts on Falcone, Tropos, Wanta and others, accomplished by bribes and payoffs in the millions of dollars. When you generate multiple trillions with each trading contract, what’s a few hundred million paid to the Clintons, Romney, Herzog, Guenette, Biden and others to keep their mouths shut? When you generate $25,000 Trillion ($25 Quad), you could pay every debt on the books, fund all governments for decades and of course, trigger a financial reset to enrich every person on the planet.
But no, that’s not how it’s done when you run the world. You coerce, bribe, blackmail, steal and deceive your way into controlling the planet by controlling the flow of money, creating a process by which you are the ones at the top of the pyramid. The majority of money generated from these programs is OFF BALANCE SHEET. This means it is NOT reported…..recall the old joke about “two sets of books.”https://www.scribd.com/documen
https://www.scribd.com/documen
https://www.scribd.com/documen
Background
Remember in 2014 when the Vatican Bank admitted to finding “hundreds of millions of Euros” off balance sheet? Say what????
Whoops.Vaican Finds Hundreds of Millions of Euros off balance sheet
Vatican Discovers hundreds million euros off balance sheet
We found it incredulous that NO ONE has questioned this. Of course we’ve documented in our reports how the politicians use the Vatican Bank as their money laundering haven so we weren’t surprised to hear this although we were surprised they admitted it publicly. However, due to the media being owned by the cabal, a string that could’ve been pulled to unravel the whole yarn of banking cartel scams, corruption and theft were not pursued.
Guess what? We’re pursuing it on a grand scale.
There are a lot of secrets out there, most of them, if known, would change the world because, after all, knowledge is power. Knowledge that goes back centuries, to the library at Alexandra in Egypt where Caesar supposedly sacked and burned it, a historical lie to keep us from searching for the scrolls and manuscripts which would open our eyes to a whole new world. Most assuredly that information is contained in the catacombs of the Vatican and is just one example of control exercised by the rulers of our planet.
The secrets we will be releasing in the next few weeks are current, modern day information that needs to be imparted upon the world so that the corrupt, deceitful underbelly of power is exposed to all. Make no mistake, they are criminal acts with huge implications for all involved. This relates to the money changers, the central banksters, the Federal Reserve and above the law theft of assets of the world. For their own benefit and those of the cabal and the Deep State. Money to bribe politicians, silence dissenters, fund black projects and develop technology that is kept hidden from the world and only utilized by them to keep control of the masses.
Federal Reserve
This private corporation, established in 1913 by legislative authority born of secret meetings on Jekyll Island with the passage occurring and being signed into law on December 23, 1913, right before the Christmas recess. Owned by the Rothschild European bloodline banking family along with their American co-conspirator banking families; the Rockefellers, Morgans, Harrimans, Browns and Warburgs. These parties are nothing but thieves, unelected, unaccountable and beyond reproach according to the master prevaricator and con man himself, Alan Greenspan. In this short video clip, he explains the way things are and then Ben Bernanke gets grilled about giving money to foreign banks during the bank bailout of 2008:
A prevaricator because he refers to the Federal Reserve as an “agency” of which they are NOT, they’re a private corporation run by bankers…..for the benefit of bankers and unaudited, unrestrained and unchecked in their operations. Akin to the neighborhood shylock, they print worthless paper, call it money when it’s a debt, then charge the American public interest for simply being made to use it for legal tender. Pull out one of your bills of any denomination and look at the very top. It reads:
FEDERAL RESERVE NOTE
Note defined by the Free Dictionary:
Noun
3. a. A piece of paper currency.b. A debt security, usually with a maturity of ten years or less.
c. A promissory note.
So in essence, what we all think is cash is exactly the opposite, a note, a promise to pay with interest. That interest is paid in the form of Federal income taxes. From the Grace Commission report issued on January 12, 1984 at the behest of then President Ronald Reagan:
“With two thirds of everyone’s personal income taxes wasted or not collected, 100% of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which the taxpayers expect from their government.”
Yes, in essence, the Federal Reserve charges the American taxpayers interest on money we are required to use as legal tender, “money” that costs them nothing to produce. So, we get charged interest on “currency” we are REQUIRED to use by the Federal Reserve who pay nothing for the privilege of stealing from us all.
This is akin to paying forever on your car note or mortgage note because NONE of it goes to pay down the principal, instead providing a steady cash flow (interest) to the creditor, in this case the Federal Reserve. Perpetual debt to keep humanity enslaved and beholden to the closet controllers of the world who hide behind a fake “agency” that is neither Federal nor a reserve as Lord James so eloquently stated on February 16, 2012.
Economists, the theoreticians of the financial community, love to discuss, debate and dissect inflation and deflation in their endless reports and opinion pieces in a never ending quest to justify their existence. News flash, inflation is simply accumulated interest owed to the banksters that gets put on top of the cost of goods and services disguised as “the cost of living”. No morons, it’s the cost of interest, carried for decades and generations in a never ending cycle of wealth transfer from the real people in this world who WORK and contribute for a living rather than sit in their castles and collect their vig off the backs of the people.
What is produced when a banker earns interest from money he doesn’t own nor pay for?
Nothing….zip, nada and zilch.
It should be clearly understood that we are charged interest on currency we are REQUIRED to use, paid to banksters who neither own the money nor pay a fee for it. This is the biggest con job going. And as the master thief himself, Alan Greenspan said, in his own words, “There is no other agency in government that can overrule actions that we take”. Those actions include creating stock market crashes, raising and lowering interest rates without regard for economics but with an eye on THEIR bottom lines and the determining of who gets loans for projects and businesses and who does not. Think about those three items, they are the essence of the financial system, putting the people at their mercy which is not mercy at all but greed and avarice on a scale that is incomprehensible.
The following is a YouTube that describes the formation and secrecy behind the Federal Reserve. The first 10 minutes are relevant:
George Carlin sums it up:
Barry Soetoro
This Kenyan born, empty suited con man nearly destroyed the US with his Socialist ideology, his Islamist religious subservience and his predicament of being easily the most blackmailed and compromised president in US history. Nothing but a yes man who was only too eager to do the bidding of cabalists such as George Soros, der Fuhrer himself, George HW Bush and others of bloodline heritage. Even his most ardent of supporters would be hard pressed to identify any achievement in his 8 pathetic years except to steer the ship of state into a hurricane of such destructive proportions as to completely obliterate American values enumerated in the Constitution.
The Storm has arrived
This is the first of several in our storm release series. There are storms raging all over the US, both premiere law enforcement agencies, the FBI and DOJ are under severe attack and a serious cleansing and imprisoning campaign is about to begin.
We see your FBI and DOJ exposures and raise you a Federal Reserve scam.
Who’s in?
“Security against defeat implies defensive tactics; ability to defeat the enemy means taking the offensive.”
–Sun Tzu, The Art of Warhttp://whitehatsreport.com/201
Catnip:
*************
ARTICLE 1 (from PM Abadi's website; posted only on Arabic side, not posted on English side)
The Council of Ministers holds its regular session chaired by Prime Minister Dr. Haider Abadi
30 - January - 2018
The Council of Ministers held its regular session Tuesday, 30 January 2018 under the chairmanship of the Prime Minister Dr. Haider Abadi.
The Council voted to amend Cabinet Resolution No. 423 of 2017 regarding the approval of the text of the working paper for the World Bank loan.
The first amendment to the Integrity Commission Law No. 30 of 2011 was voted on. The Council of Ministers discussed the provision of the right environment for the elections and the resolution of outstanding issues with the funding of the Independent High Electoral Commission because of the failure to approve the financial budget, and voted to provide the financial allocations requested.
It was voted on to reduce the tariff rates of electricity units for domestic, commercial, industrial and agricultural consumption based on the proposals of the committee formed according to the guidance of the Council of Ministers.
The Council also voted on the recommendations of the High Committee for Poverty Alleviation Policies.
The exemption of the imported materials for the purpose of the power plant was exempted from the protection fees of the local product. And voted on the recommendations of the Committee Order Diwani No. 86 of 2017 on the adoption of the agricultural plan for the whole country, including the Kurdistan region.
The Council voted to amend Cabinet Resolution No. 102 of 2016 on the draft air transport agreement between the Government of the Republic of Iraq and the Government of the Kingdom of Saudi Arabia.
The draft legislation for the ratification of the 2014 Protocol supplementing the Convention on Forced Labor No. 29 of 1930 was also voted on. The Cabinet voted on the proposed law on the protection of teachers and teachers. And approved the instructions to regulate the work of sea and air ports.
The Cabinet also voted on the formation of an executive body for the Basra water project to work on contracting wARTIith a global consulting firm to prepare designs and plans and then contract with a British company in light of the ability to compete and secure the project objectives that serve the people of Basra.
Prime Minister 's Media Office
30 - January - 2018
***************
ARTICLE 2-A
Urgent: We will attend the next parliament session to discuss the budget
2018/1/30 18:58
Abadi: We will attend the next parliament session to discuss the budget
***************
ARTICLE 2-B
Urgent: Abadi ready to cooperate with the House of Representatives to pass the budget
2018/1/30 19:04
Abadi: ready to cooperate with the House of Representatives to pass the budget
*************
ARTICLE 3
Urgent: There is great cooperation between Iraq and Interpol to hunt down those wanted
2018/1/30 18:35
Abadi: There is great cooperation between Iraq and Interpol to hunt down those wanted
*************
ARTICLE 4
Set the laboratory to counter the currency and arrest the owner in Maysan
Maysan, Iraq - January 30: Maysan provincial police chief and the installations, Major General Zafer Abdul Radhi Douai, announced on Tuesday the seizure of a small currency counterfeiting laboratory and the arrest of those involved in its administration.
"The detachments of the anti-narcotics police and in cooperation with the emergency teams in Maysan have been able to control a small counterfeit currency laboratory in a district of al-Kahla district and arrest the person involved in its administration," Major General Zafer Abdul Radi said in a statement.
"The operation was carried out with high efforts by officers and associates after providing accurate information about the existence of the laboratory," he added. "The force raided the lab and arrested its owner and controlled a group of cash categories of the most traded in the markets and commercial transactions."
"The force also seized modern printers of different types and sizes used in the process of counterfeiting, computers, cameras, pigments and papers for counterfeiting."
The police chief of Maysan province and the facilities, "the transfer of the involvement and seizures to the relevant bodies to be presented to the judiciary." Finished
*************
ARTICLE 5
Abadi: Elections will be held on time and will not beg for anyone to rebuild Iraq [expanded]
2018/1/30 23:25
[Ayna-Baghdad]
Prime Minister Haider al-Abadi said that the parliamentary elections will be held on 12 May.
"We have participated in the World Economic Forum in Davos and have held several meetings with major international companies, international leaders and officials. The aim of our presence is to strengthen Iraq's position and encourage investment as the largest economic forum in Davos, and now Iraq needs great economic attention," Abadi said at the weekly press conference. And investments.
"We have found extraordinary interest by international companies to invest in Iraq, and what we heard at the Davos forum by companies is that the security concern is beginning to be conceded to them, but the government routine is the one who stands in the way of investment, and we took measures and decisions to overcome the obstacles to investment and economic growth that creates Job opportunities for citizens and improve the country's economy. "
"We have found great respect for Iraq and its status among the countries of the world. We have great cooperation with Interpol to pursue corrupt and wanted people. It is a great success, as our citizens promised us to fight corruption. We have started with basic steps and must be completed, but they need time.
"We are pursuing corrupt people outside the country and not only in Iraq, and the most corrupt their money outside Iraq, and we must cooperate with the countries of the world to pursue them and that is what we have done," he said.
He explained that "Iraq today proves to others that he is actually acting according to the law professionally and there are those who confuse the opponents of the regime and the criminal and corrupt and we do not confuse them, and we have opponents talk about the government freely and do not hold them accountable."
He pointed out that "we met with the ambassadors of the seven major economic countries to prepare for the Kuwait Conference for the reconstruction of Iraq, and participants in the conference to reconstruct Iraq in Kuwait from the Europeans and Americans exceeded the number of scheduled seats, and there is international pressure to participate in the conference, and we hope to see a positive result after we prepared the conference, Kuwait to host the conference. "
"Iraq does not seek support from anyone. Iraq broke the brink of terrorism as a violent fracture in an honorable war fought by the Iraqis. The reconstruction of Iraq is the responsibility of the whole world, investment creates jobs and provides services to citizens. Security stability is achieved and will not be the investment companies."
He added that "choosing Baghdad as the capital of the Arab media is an important development, and I salute all Iraqi media for their achievements and sacrifices.
"What happened to Iraq in the past over many years has created a negative impression in the world. Today, this impression has turned to the turnout in Iraq and work in it, and we continue our intelligence and security efforts in pursuing terrorists and everywhere, which is important and we continue to pursue terrorists in the desert. The island and remote areas. "
"There are still areas where terrorists are trained, they continue to clean up the areas, we need logistical and aviation support to pursue terrorist cells, and the international coalition still exists for this reason," the prime minister said.
"What happened in al-Baghdadi, west of Anbar, is regrettable, and we have opened a thorough investigation into the incident, not every accurate indicator," he said.
The Prime Minister, "We are still insisting on the salaries of the staff of the region and the opening of airports, and the committees are still operating in all regions of the region, and there is significant progress, and must implement the rule of law on everyone, and there are close procedures, and we still demand the delivery of oil from the region, , And do not want to pay money to parties or employees of parties. "
He said, "We communicate with all parties in the region and with the citizens. It is the duty of the government to take care of all its citizens and everywhere, and as promised by citizens, the Council of Ministers voted to reduce the tariff rates of electricity units for domestic, commercial, industrial and agricultural consumption after reviewing the collection and waste, Especially the low-income classes.
He called on all citizens to cooperate with the Ministry of Electricity because they want to stop the waste of electricity and ensure access to all citizens at a low price, and respond to citizens because the strength of the government in its response to its citizens.
He pointed out that "the Council of Ministers voted on the law on the protection of teachers and teachers."
"Our meetings in Davos were more than planned in the program, and this demonstrates the extraordinary interest in Iraq. We made a proposal to establish a forum similar to Davos in Iraq and was very welcome," Abadi said. "We maintain our relations with the brothers in the [ "He said.
He pointed out that "the elections are the choice of citizens to those who see the best, and every way and vision, and I call for high-quality relations and civilization between the blocks and stay away from squatting."
He stressed "ready to attend the meeting of the House of Representatives and discuss the budget and prices of oil rose recently, but volatile and this is a danger to our economy, because we can not establish a sound economic development in the light of this fluctuation."
"We [the patience of the citizens] managed to reduce spending to a large extent, and despite the expenses of the war, we managed the country's affairs," he said.
Abadi called that "the discussion of the budget in the House of Representatives is not an electoral debate, delaying the budget is a major imbalance and whenever the election year delay the budget, and we know that this means to postpone the elections have exceeded this within the powers of the government," stressing "ready to cooperate with the committees of the House of Representatives to pass the budget correctly In order to provide the citizens' wealth. "
He stressed that "the government is committed to four basic and important matters [the limitation of arms by the state, the return of displaced people, the establishment of security, and support of the Electoral Commission electronic devices to prevent manipulation of the vote]."
"The return of the displaced is done correctly and there is no forcible return," he said. "The Electoral Commission has promised that it will complete the distribution of cards to displaced people before the elections and enable displaced people to vote for their provinces even if they are not in their area.
"The tribal differences are old and we try to limit them and eliminate them, and the province of Basra needs intensive work, and we will disarm those who do not have the right to carry it."
"We will be prosecuting the foreign terrorists detained by the Iraqi judiciary, and there is no discussion of this. We have information and data about the terrorists detained in Kurdistan and we follow this matter and there is cooperation with the Peshmerga factions to hunt down the infiltrating terrorists and we call for greater cooperation."
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ARTICLE 6
Central Bank: Signing a contract to establish a deposit guarantee company with 44 banks
2018/1/31 12:24
[Ayna-Baghdad]
The Central Bank of Iraq (CBE) announced the signing of the bank deposit guarantee agreement.
The Director of the Information Office of the Bank, Acer Jabbar said in a statement received by the agency of all Iraq [where] a copy of it "that, in accordance with the duties of this bank provided for in its law and in order to ensure the stability of the banking sector and increased confidence in it was signed the Memorandum of Association of the bank deposit guarantee company with the founding body Including government and private banks, including foreign and a total of 44 banks distributed by 6 government banks 22 commercial banks and 16 foreign banks.
"It is expected that this company will play a major role in protecting the banking sector, especially the deposits of the public [individuals and companies], which will enhance confidence in the banking sector inside Iraq and in correspondent banks outside Iraq, which will contribute to attracting more deposits and reuse of credit and investment Serving the Iraqi economy ".
He added that "the company's capital is 100 billion dinars, of which 55 billion dinars from government and private banks where the proportion of government banks 25% and private banks 30% and the remaining 45 billion dinars will be put for public subscription."
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ARTICLE 7
Fantastic benefits for popcorn. Do not miss it when you watch a movie
The popcorn is rich in fiber that helps lower the cholesterol level in the human body, and also protects against stroke and heart attacks.
The popcorn contains a nourishing texture called "Swaida", which helps digest food better and prevents constipation. It also regulates sugar levels and insulin in the blood.
Because popcorn contains chemical "folate" compounds, it automatically protects against cancer, and the thing is that it is resistant to aging by delaying the appearance of its marks, thanks to its antioxidant components.
Health experts recommend popcorn to look at iron and manganese, which are important substances for bone health.
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