Word on the Street Thursday 3/22/18:
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| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,159.9000 | 1,159.9000 | 1,159.9000 | | 21:00 |
| USD/VND | | | 22,737.0000 | 22,280.0000 | 22,280.0000 | | 03:25 |
| USD/CNY | | | 6.3316 | 6.3071 | 6.3210 | | 07:01 |
| USD/KWD | | | 0.2996 | 0.2984 | 0.2994 | | 07:00 |
| GBP/USD | | | 1.4177 | 1.4134 | 1.4169 | | 07:03 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,773.0000 | 13,718.0000 | 13,718.0000 | | 07:02 |
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DC NY Iraq Articles:dd
Resume work in the largest gas field in Iraq
Today .. The salaries of the Anfal in the region
Release date: 2018/3/22 8:11 • 137 times read
(Baghdad: Al-Furat News) Directorate of Martyrs and Anfal Affairs announced that it was the salaries of the Anfal for the eighth month last Thursday.
"The families of the Anfal will receive their salaries on Thursday, despite the coincidence with the Norouz holiday. The Gramo Bank will pay the salaries of last August to the families of the Anfal," the ministry's affairs officer Burhan Farhan said.
The Federal Ministry of Finance launched last Monday, the salaries of all employees of the Kurdistan region, including members of the Peshmerga forces.
The Ministry of Finance and Economy in the Kurdistan Regional Government, last Sunday that the federal government, sent 317 billion dinars to the Kurdistan region, and this money is for all ministries, including the Ministry of Peshmerga and security forces, not only the Ministry of Education and Health.
The Federal Ministry of Finance launched last Monday, the salaries of all employees of the Kurdistan region, including members of the Peshmerga forces.
The Ministry of Finance and Economy in the Kurdistan Regional Government, last Sunday that the federal government, sent 317 billion dinars to the Kurdistan region, and this money is for all ministries, including the Ministry of Peshmerga and security forces, not only the Ministry of Education and Health.
Baghdad Council: We do not deal selectively with demonstrations in the regions of the capital
BAGHDAD (Reuters) - Baghdad's provincial council denied on Thursday its selective treatment of demonstrations in different parts of the capital, describing the area of the factories east of the capital as a "disaster zone" that needs urgent government intervention.
Council member Ali Jaafar al-Alaq said that "the Baghdad Provincial Council does not deal selectively with the demonstrations in the various areas of the capital and is interested in demonstrations in the area of laboratories as he was interested in the demonstrations in the area of Husseiniya," noting that "the problem facing the Council is not having the financial liquidity to complete projects Task stalled in various areas of the capital. "
Al-Aalak stressed that "the area of laboratories east of the capital is a" disaster zone "needs to be intervened by the federal government urgently ," pointing out that "I have already visited that area and found it living in very difficult conditions and I asked them earlier to demonstrate with civil peaceful demonstrations to demand the provision of Improve services ".
The Baghdad Provincial Council had held an emergency session on the demonstrations in the Husseiniya area, while taking no position on the demonstrations in the region
US embassy suspends Iraq announcement
The US Embassy in Baghdad said it was continuing its official duty during the Norouz holiday in Iraq.
The General Secretariat of the Iraqi Council of Ministers, announced on Tuesday, the disruption of official swirls two days, on the occasion of the holiday of Nowruz begins on Wednesday, as it went through the province of Kurdistan through the disruption of official time during the current days, to resume early next week.
"The US embassy will continue to perform normally and the consular appointments will continue on schedule," the statement said.
Iraqi staff working at the embassy can notify the supervisor and use one of the annual holidays of the day," the statement said.
"The US embassy will continue to perform normally and the consular appointments will continue on schedule," the statement said.
Iraqi staff working at the embassy can notify the supervisor and use one of the annual holidays of the day," the statement said.
Date of release: 2018/3/21 12:36 • 203 times read
The South Korean firm Kokaz has announced its willingness to resume work on the largest gas field in Iraq.
A statement by the Iraqi Ministry of Oil received the agency {Euphrates News} a copy of it, "Oil Minister Jabareli al-Allaibi, received the director of the {Kokaz} Korean (Yonsing Kim) and the accompanying delegation and discussed ways to strengthen joint cooperation to develop the gas sector in Iraq.
The statement added that "the Minister of Oil listened to the steps taken by the company and the arrangements made by the resumption of work in the field of (Akas) in Anbar province," stressing that the ministry is keen to create the right environment for work.
For his part, the director of the Korean company on the desire of the company to resume work and develop the gas sector in Iraq.
It is noteworthy that the field {Akas} is located south of the city of Qaim west of Anbar province, the largest gas field in Iraq, storing 5.3 trillion cubic feet of natural gas, was discovered in 1981, and in 1983 discovered oil also in Akkas
The statement added that "the Minister of Oil listened to the steps taken by the company and the arrangements made by the resumption of work in the field of (Akas) in Anbar province," stressing that the ministry is keen to create the right environment for work.
For his part, the director of the Korean company on the desire of the company to resume work and develop the gas sector in Iraq.
It is noteworthy that the field {Akas} is located south of the city of Qaim west of Anbar province, the largest gas field in Iraq, storing 5.3 trillion cubic feet of natural gas, was discovered in 1981, and in 1983 discovered oil also in Akkas
Kurdistan signs an agreement to sell gas for ten years
Shafaq News / Dana Gas UAE announced, the conclusion of an agreement with the Kurdistan Regional Government, to sell gas for a decade.
The company said in a statement that the Pearl Petroleum, which is led by Dana Gas, led by Crescent Petroleum, signed an agreement with the Kurdistan Region to sell gas for ten years.
Dana Gas and Crescent Petroleum are committed to providing and selling additional quantities of gas, which it intends to start production later this year to boost electricity generation to meet the region's pressing needs," the statement said.
Pearl Petroleum plans to increase its daily production of natural gas and condensates from the Khoramur field by about 25 percent later in the year, he said.
The company said in a statement that the Pearl Petroleum, which is led by Dana Gas, led by Crescent Petroleum, signed an agreement with the Kurdistan Region to sell gas for ten years.
Dana Gas and Crescent Petroleum are committed to providing and selling additional quantities of gas, which it intends to start production later this year to boost electricity generation to meet the region's pressing needs," the statement said.
Pearl Petroleum plans to increase its daily production of natural gas and condensates from the Khoramur field by about 25 percent later in the year, he said.
Iraqi-Russian talks on arms deal
21-03-2018 03:09 PM
An Arab newspaper reported on Wednesday talks between Russian President Vladimir Putin and Prime Minister Haider Abadi on Iraq's acquisition of Russian weapons, noting that Iraq is a current ally of Russia.
"The Iraqi Prime Minister Haidar al-Abadi talked with Russian President Putin on the arming of Iraq weapons from Russia, which may get in 2019 according to the results of the Iraqi elections."
"After Russian President Putin has established his alliance with Iran, he has an alliance with Iraq so that to a certain extent Iraq can be placed under Russian influence," the paper said.
"Russia's alliance with Iran and Iraq via Iran, then Syria, which became a comprehensive military strategic alliance with Russia, then Russia's influence through Hezbollah, which fought its forces alongside the Russian army and the Syrian army in Syria, were on one front in the fight against the Takfiri terrorist forces "He said.
The full outlet will be ready to open soon
Editorial Date: 2018/3/21 18:23 • 85 times read
{Baghdad: Al-Furat News} announced the establishment of the border crossings to prepare the full port of the existing to open soon.
"A force from the popular mobilization forces approached with a force from the Iraqi army and in cooperation with the Qaimqam district of al-Qaim, located in the al-Qaim outpost bordering Iraq and Syria," the statement said.
"These forces have removed mines, explosive materials and remnants of previous military operations before the liberation of the port left behind by gangs, while calling for the criminalization of the criminal while they were there in the past period," he said.
"He ordered Kazim al-Aqabi, the head of the border crossings authority to send a force to the port of the staff of the ports authority, headed by the director of the port for the purpose of receiving it and opening in a hole in the near future." is over d
"These forces have removed mines, explosive materials and remnants of previous military operations before the liberation of the port left behind by gangs, while calling for the criminalization of the criminal while they were there in the past period," he said.
"He ordered Kazim al-Aqabi, the head of the border crossings authority to send a force to the port of the staff of the ports authority, headed by the director of the port for the purpose of receiving it and opening in a hole in the near future." is over d
Kauaihn Iraq Articles:dd
Gulf newspaper: Trump and Bin Salman agreed to support the Iraqi government
March 22, 2018
US President Donald Trump and Saudi Crown Prince Mohammed bin Salman agreed at the White House on Tuesday to support the Iraqi government, the newspaper Al Rai reported Thursday.
The sources said that Trump and Bin Salman "discussed the issue of Iraq, and there was consensus on the need to support the Iraqi government and the efforts of reconstruction and reconciliation, similar to the Saudi humanitarian support, current and future, in Yemen" .
The newspaper added that "Iran occupied the bulk of the talks between President Donald Trump and his guest Ben Salman, followed by talk about bilateral trade and the volume of mutual investments between America and Saudi Arabia."
According to the newspaper, bin Salman "expressed concern about Iran's non-nuclear activities destabilizing and security in the regiond
Japan plans to provide new aid to Iraq and work with Baghdad to prevent the return of "
March 22, 2018 8 views
Japanese Foreign Minister Taro Kono announced on Thursday his country's intention to provide new aid to Iraq and Syria worth 220 million dollars, while noting that it will work with the Iraqi government to prevent the return of the organization, "Daash" criminal.
"Japan recently decided to provide new aid to Syria, Iraq and neighboring countries worth 220 million US dollars. The value of Japanese aid to these countries since the outbreak of the Syrian crisis in 2011 has reached," Kono said in an interview with the Saudi daily Asharq Al-Awsat. $ 2.2 billion in 2018 ".
"Japan is determined to provide appropriate assistance, and we hope that all parties in Syria will make every effort to achieve peace and stability in Syria," he said.
"There are some measures that might prevent the spread of extremism, including Japan's cooperation in creating the weapons recovery system that the Iraqi government will work through through vocational training and facilitating the search for jobs," Kono said.
"Japan will also offer a program to invite clerics and government officials who are working to counter violent extremism to Japan, where they will learn places, including how Japan can rebuild after the destruction of the Second World War," the Japanese minister said. And its experience for stability in the Middle Eastd
Sources: Turkey plans to establish a military base in northern Iraq
Turkey is planning to build a military base in northern Iraq, Turkish media reported on Thursday, days after President Recep Tayyip Erdogan said his country's security required control over parts of Iraq and Syria, a move observers regard as a cover for Turkish ambitions.
Turkish media said the army was planning to establish a "temporary" military base in the Hakkurk area within the Kurdistan region.
The mountainous area bordering the Turkish border includes bases for the PKK, which Ankara considers a terrorist organization.
Iraqis fear the temporary military presence could become permanent, given the presence of Turkish precedents in their country.
On Thursday, Turkish warplanes launched air raids on border villages in Kurdistan, killing four civilians, in the first spark after a diplomatic tension between Turkey and Iraq.
tension
Tensions have risen in recent days between Baghdad and Ankara, after the latter said it was seeking to launch a military operation in northern Iraq in order to "cleanse it from Kurdish armed elements."
Iraqi Foreign Minister Ibrahim al-Jaafari told Turkish Deputy Foreign Minister Ahmed Yildiz that Baghdad rejects Ankara's military operations on its territory, implying that the pretext of the war on terrorism used by Turkey as a pretext for deploying its troops to Iraqi territory is over.
Turkey originally had a military presence in Baasheqa camp, 25 kilometers from Mosul, Ankara attributed the order to the war to a hasty one, and the Baghdad government demanded that Ankara withdraw on more than one occasion.
Turkey's ambitions
Some observers attribute Turkish ambitions to Syrian and Iraqi territory to Ankara's exploitation of the Russian-American conflict over the situation in Syria, as well as the alleged Turkish-Iranian agreement to share spheres of influence within Syria.
Last January, Turkish forces launched a military operation to control the Kurdish region of Afrin and seized control of it this week amid reports of field executions, displacement of residents and widespread looting by Syrian pro-Syrian fighters.
The Turkish targets were opposed to the Afrin operation. After saying that it was seeking to expel the Kurdish fighters in the region, Erdogan said the operation would continue eastward to the Iraqi border, which many saw as Turkey's attempts to extend its control and influence in the region.
Turkey says it will hand over Afrin to its "real owners," but gave no date and did not disclose who its owners would be handed over.
Kuwaiti Ambassador vows to "Mohamed Halabousi" to intensify efforts for the reconstruction of liberated cities
21-03-2018 02:10 PM
Baghdad News -
The governor of Anbar, Mohammed al-Halbusi, received on Wednesday Kuwaiti Ambassador Salem Ghasab al-Zamanan after arriving in Ramadi, Anbar province, to find out the extent of the damage caused by the criminal organization 'Da'ash'.
"The Kuwaiti ambassador to Iraq Salim Ghasab al-Zamanan arrived in the city of Ramadi, and was received by the local government of Anbar and a large gathering of elders and dignitaries of the province," said a spokesman for the city council of Fallujah province, Salam Ajmi Halbusi.
"The Kuwaiti ambassador listened to a detailed explanation by officials in the province of the needs of the liberated areas and the extent of destruction by the elements of gangs, calling for the criminal destruction of infrastructure and tampering with the contents of government departments."
"The ambassador pledged to intensify efforts for the reconstruction of liberated cities in cooperation with the central government and humanitarian organizations," Halaboussi said.
Iran aspires to link Iran's rail network with Iraq
TEHRAN (Reuters) - Iran is aiming to link Iran's rail network with Iraq, the director of the railway project in western Iran said, noting that his country broke the record for the railway in six months.
"The project starts from the city of Malair to Kermanshah for a length of 175 kilometers, and the foundation stone has been laid for the project since 2002," project manager Noureddine Kandmi said on the sidelines of the opening of the railway between Kermanshah and Tehran. "The project was delayed due to the embargo and financial problems."
"During the past year, following the Assistant Minister of Roads, within 6 months we broke the record in the country in the extension of railways, in past years the record in Iran was 1700 meters per day, and this year we managed to record a record of nearly 2000 meters in Today'.
"The project is strategically important in that it will link the Iranian and Iraqi railways at the border," he said.
Iraq seeks to modernize its railway and link it to neighboring countries to be a transit area from Asia to Europe.
"The project starts from the city of Malair to Kermanshah for a length of 175 kilometers, and the foundation stone has been laid for the project since 2002," project manager Noureddine Kandmi said on the sidelines of the opening of the railway between Kermanshah and Tehran. "The project was delayed due to the embargo and financial problems."
"During the past year, following the Assistant Minister of Roads, within 6 months we broke the record in the country in the extension of railways, in past years the record in Iran was 1700 meters per day, and this year we managed to record a record of nearly 2000 meters in Today'.
"The project is strategically important in that it will link the Iranian and Iraqi railways at the border," he said.
Iraq seeks to modernize its railway and link it to neighboring countries to be a transit area from Asia to Europe.
Iran's new year is a year of intense cooperation between Iran and Iraq
BAGHDAD, March 21 (IranMania) - The volume of non-oil trade between Iran and Iraq during the past Iranian year reached 6 billion dollars, and the total amount of economic exchange between the two countries reached 14 billion dollars, according to statistics.
During the past year, dozens of Iranian and Iraqi economic and political delegations visited both countries as well as official visits by high dignitaries, most notably the visit of First Vice President Ishaq Jahangiri to Baghdad, during which he met with the Prime Minister, the President, the Speaker and a group of Iraqi political figures.
The visit was also preceded by a visit by Iran's Minister of Industry, Mines and Trade and the visit of Ali Akbar Velayati, an advisor to the eminence of the leader, who received wide media attention. He met with senior Iraqi officials such as the visit of President Fuad Masum to Tehran and Haidar al-Abbadi, the Prime Minister, during his visit to Tehran. Khamenei, as well as the visit of Iraqi ministers to activate bilateral cooperation.
During the past Iranian year, exhibitions and cultural activities were held. The two countries witnessed intensive tourist influx by the nationals of the two countries. Two billion dollars of electricity were exported over three years from Iran to Iraq. Iran supplied Iraq with daily gas of 12 million cubic meters. monthly.
In the same context, Iran exported 21 non-oil items to Iraq from protein, livestock, milk, foodstuffs, soft drinks, as well as building materials, cars and plastic materials.
As for the field of religious tourism, the number of Iranian visitors who entered the Iraqi territory reached about 4 million, which was met by a visit of one million 700,000 Iraqis to Iran for the purpose of tourism and treatment.
More importantly, the two countries agreed to transfer Iraqi oil from Kirkuk through Iran to the shores of the Persian Gulf in southern Iran at a daily rate of 30 to 60 thousand barrels.
During the last Iranian year, a major defeat was announced in a group calling for an end to its presence in Iraq, which brought joy and pleasure to the citizens of the two countries, in which Iran played the most prominent role, not to mention Iran's willingness to contribute to the reconstruction of Iraq.
The visit was also preceded by a visit by Iran's Minister of Industry, Mines and Trade and the visit of Ali Akbar Velayati, an advisor to the eminence of the leader, who received wide media attention. He met with senior Iraqi officials such as the visit of President Fuad Masum to Tehran and Haidar al-Abbadi, the Prime Minister, during his visit to Tehran. Khamenei, as well as the visit of Iraqi ministers to activate bilateral cooperation.
During the past Iranian year, exhibitions and cultural activities were held. The two countries witnessed intensive tourist influx by the nationals of the two countries. Two billion dollars of electricity were exported over three years from Iran to Iraq. Iran supplied Iraq with daily gas of 12 million cubic meters. monthly.
In the same context, Iran exported 21 non-oil items to Iraq from protein, livestock, milk, foodstuffs, soft drinks, as well as building materials, cars and plastic materials.
As for the field of religious tourism, the number of Iranian visitors who entered the Iraqi territory reached about 4 million, which was met by a visit of one million 700,000 Iraqis to Iran for the purpose of tourism and treatment.
More importantly, the two countries agreed to transfer Iraqi oil from Kirkuk through Iran to the shores of the Persian Gulf in southern Iran at a daily rate of 30 to 60 thousand barrels.
During the last Iranian year, a major defeat was announced in a group calling for an end to its presence in Iraq, which brought joy and pleasure to the citizens of the two countries, in which Iran played the most prominent role, not to mention Iran's willingness to contribute to the reconstruction of Iraq.
Washington and London are pressing Riyadh to get closer to Baghdad
BAGHDAD, March 21 (KUNA) - Saudi Arabia is under pressure from the United States and Britain to enter and open diplomatic relations with Iraq, the head of the Iraqi Radio and Television Federation Hamid Al-Husseini said.
Al-Husseini said in a press statement that 'Saudi Arabia has come under pressure from the United States and the Great Britain to enter Iraq and open it diplomatically, it does not want to enter because of its problems at home and the region, and because of its huge files and Saudi treasury funds that suffer from special problems, Saudi Arabia's financial rating fell from A to B, but the United States and Britain put great pressure on them to enter Iraq to achieve their own moorings and to involve Riyadh in it.
"The lobby, which is now taking place in Iraq, is formed by a clear American-British administration, with Gulf tools in the UAE, Saudi Arabia, Bahrain and Kuwait," he said. "We understand very well why the Americans want to move this lobby against Iraq, because in fact they believe in this way that they can hit the community infrastructure within the country, through the rhythm between the Shiite and Shiite, between Sunni and Sunni, and between the Kurdish and Sunni , And between the Kurdish and Shiite, and that the practice of this policy inside Iraq are the British in accordance with agendas often implemented by the parties of the Gulf '.
Iraq is living in a climate of political and popular rejection these days, for the continuation of the US military presence under the pretext of not eliminating the danger of terrorist organization and the expected visit of Saudi Crown Prince Mohammed bin Salman to Iraq, although not confirmed by official sources from Riyadh or Baghdad, Britain's Royal Air Force commander, Marshal Stephen Hiller, said on Monday that it would not withdraw its military forces from Iraq at this stage and would keep them for a longer period until the full achievement of its objectives.
Finished
"The lobby, which is now taking place in Iraq, is formed by a clear American-British administration, with Gulf tools in the UAE, Saudi Arabia, Bahrain and Kuwait," he said. "We understand very well why the Americans want to move this lobby against Iraq, because in fact they believe in this way that they can hit the community infrastructure within the country, through the rhythm between the Shiite and Shiite, between Sunni and Sunni, and between the Kurdish and Sunni , And between the Kurdish and Shiite, and that the practice of this policy inside Iraq are the British in accordance with agendas often implemented by the parties of the Gulf '.
Iraq is living in a climate of political and popular rejection these days, for the continuation of the US military presence under the pretext of not eliminating the danger of terrorist organization and the expected visit of Saudi Crown Prince Mohammed bin Salman to Iraq, although not confirmed by official sources from Riyadh or Baghdad, Britain's Royal Air Force commander, Marshal Stephen Hiller, said on Monday that it would not withdraw its military forces from Iraq at this stage and would keep them for a longer period until the full achievement of its objectives.
Finished
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GLOBAL/NEWS/INFO
5 things you need to know Wednesday
USA TODAY
The biggest news to start your day Read the full story
This Is the Simplest, Most Successful Way to Save Enough Money for Retirement
Money
Use your money to make more money. Read the full story
Can you trust your financial adviser? The 3 best questions to ask before hiring a professional
Mic
The world of financial designations is full of fraud, as almost anyone can call themselves a financial planner. Here are three questions to ask before you pay someone for independent, unbiased advice. Read the full story
Facebook Is Why We Need a Digital Protection Agency
Bloomberg Businessweek
March 21, 2018, 5:01 AM EDT It’s not just the Cambridge Analytica debacle. Ethics don’t scale. ILLUSTRATION: 731 Over and over in the last 20 years we’ve watched low-cost or free internet communications platforms spring from the good intentions or social curiosity of tech folk. We’ve watched as these platforms expanded in power and significance, selling their influence to advertisers. Twitter, Facebook, LinkedIn, Google—they grew so fast. One day they’re a lovable new way to see kid pix, Read the full story
OIL/COMMODITIES/ENERGY
The End of the Petrodollar?
The National Interest
The National Interest
James Grant economy, Americas This long-term economic trend should greatly trouble Washington. In a move that could portend massive shifts in the global oil game, the Shanghai International Energy Exchange will soon unveil an oil-futures contract denominated in Chinese yuan rather than U.S. dollars (product symbol: SC). Experts warn that the growing clout of Chinese currency in international financial markets could erode the primacy of the U.S. dollar, a long-term economic trend that should Read the full story
Record U.S. oil offshore lease sale to test Trump energy push
Reuters
The U.S. Interior Department will hold the largest lease sale in American history in the offshore Gulf of Mexico on Wednesday, in a major test of the oil industry’s appetite for federal acreage being offered by the Trump administration. Read the full story
Gulfsands Petroleum reveals plan to delist from AIM as it extends funding facility
Proactive Investors
Gulfsands Petroleum plc (LON:GPX), the company that established an oil field in Syria before war broke out, has revealed plans for a £4mln extension to an existing funding facility and to delist from London’s AIM market. The facility is with a group of investors - ME Investments, Waterford Finance & Investment Limited and Blake Holdings - and all three are backing the proposed delisting. Together they account for 83% of votes at an upcoming shareholder vote. READ: Gulfsands Petroleum pulls out Read the full story
Crude Oil Prices Hover at Multi-Week Highs
Investing.com
© Reuters. Crude oil prices remain supported after U.S. stockpiles data Read the full story
Gold climbs from 3-week low ahead of Fed clues on rate-hike path
MarketWatch
Gold futures on Wednesday edged up from the three-week lows notched in the previous session, shaking off a firmer dollar ahead of a widely expected interest-rate hike by the Federal Reserve and potential clues on how aggressive the central bank panel will be with rates from here. Read the full story
Gold Prices Move Higher Ahead of Fed Statement
Investing.com
© Reuters. Gold prices gain ground as U.S. dollar weakens Read the full story
BANKS/BANKING/CREDIT
Major banks earned more in metals than oil last year
Reuters
Reuters
Banks' metals-related revenues exceeded their earnings from the oil sector last year for the first time since 2014 as low and relatively stable crude prices discouraged hedging activity, but this is unlikely to be the start of a new trend. Read the full story
How Federal Reserve rate hike will affect mortgages, auto loans, credit cards
USA TODAY
USA TODAY
How the Fed Interest rate hike will consumer borrowing costs. Credit cards, adjustable-rate mortgages, home equity lines will be most affected. Read the full story
3 Ways to Retire Without a Mortgage
The Motley Fool
Want to shake that home loan prior to retirement? Here's how. Read the full story
Citibank targets mainland China’s top earners in revamp of wealth management business
South China Morning Post
The bank has doubled the assets threshold requirement for clients of its Citigold service, looking for a niche in the face of stiff competition from Chinese banks Read the full story
How to Close a Bank Account in 5 Easy Steps
MyDomaine
Take control of your finances. Before you close your bank account, be sure to have a new one set up. Many online transactions require bank account information and a routing number, and you don’t want to be caught in a situation where you can’t write a check or transfer funds. Emptying your bank account is your prerogative as a customer, and there’s no need to alert the bank that you’re leaving just yet. However, be sure to keep track of fees and penalties that might result from withdrawing too Read the full story
Where you can still find free checking accounts
CBS News
CBS News
Many big banking chains offer them for online-only customers, but that's not your only option Read the full story
REVEALED: European banks are preparing for HARD Brexit despite transition talks
Express
Express
EUROZONE banks are preparing for a Hard Brexit despite repeatedly condemning a no-deal exit as the worst case scenario for the UK and EU alike, it can be revealed. Brexit talks have progressed rapidly in recent weeks, with David Davis and Michel Barnier hailing good progress on the transition deal during a press conference on Monday. But eurozone banks still believe talks could fall through, resulting in a hard Brexit in March 2019 rather than a softer exit after a transition ending in December Read the full story
Private banks to account for half of India’s banking sector in 5 years: Uday Kotak
Livemint
Mumbai: Billionaire banker Uday Kotak on Tuesday said private sector lenders will account for half of India’s banking industry in the next five years, facilitated by the shift in loan growth towards the private sector. Read the full story
Top banks have 'insufficient' controls on sale practices, financial watchdog says
CBC News
Canada's financial consumer watchdog says there are "insufficient" controls in place at the country's biggest banks to prevent sales of financial products that are misrepresented or unsuitable for consumers, and the banks' sales-focused culture elevates the risk that employees may flout consumer protection rules. Read the full story
TREASURIES/BONDS/STOCKS
Top 5 Things to Know in the Market on Wednesday
Investing.com
Investing.com
© Reuters. Top 5 things to know today in financial markets Read the full story
US Treasury yields rise ahead of Federal Reserve rate decision
CNBC
U.S. government debt yields rose Wednesday as investors awaited the latest rate decision by the U.S. central bank. Read the full story
Watch out for this key relationship in the bond market as the Fed makes its move Wednesday
CNBC
As the Fed tinkers with monetary policy, the bond market is on the move. One market watcher says the next move on rates could indicate whether we're in for a market slowdown or worse. Read the full story
Australia edges higher ahead of expected Fed rate hike; Japan closed for holiday
CNBC
Australian markets gained early in the session on Wednesday, with markets focused on the Federal Reserve after it kicked off its March meeting. Read the full story
CRYPTO'S / DIGITAL CURRENCY
Here's Why More Americans Won't Buy Cryptocurrencies
The Motley Fool
The Motley Fool
More than nine in 10 Americans own no cryptocurrencies, and a recent survey tells us why. Read the full story
G20 agrees to 'monitor' cryptocurrencies but no action yet
Reuters
Financial policymakers from the world's top 20 economies agreed to keep a watchful eye on cryptocurrencies on Tuesday and opened the door to regulating the booming industry at a later stage. Read the full story
Bitcoin May Be Down, But It's Actually Ahead of Schedule to Hit $1 Million
Inc.
The cryptocurrency's biggest fans think it still has room to grow, and is on schedule to get there despite recent setbacks. Read the full story
‘Bitcoin is #1 priority’: NSA targeted cryptocurrency users globally, Snowden leaks show
RT
The US National Security Agency targeted Bitcoin users around the world, according to classified documents released by Edward Snowden. The revelations strike a blow to the financial privacy of bitcoin users, academics warn. Read Full Article at RT.com Read the full story
CRYPTO INSIDER: Bitcoin is gunning for $9,000
Business Insider
Welcome to Crypto Insider, Business Insider's roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox. Cryptocurrency markets continued to push higher following reports from a G20 summit in Argentina that financial leaders from the 20 largest economies showed no sign that they would make moves to clamp down on the nascent market. The price of bitcoin, the largest crytocurrency by market capitalization, jumped during Read the full story
What's Wrong With Ethereum, Ripple, and Litecoin?
The Motley Fool
Bitcoin's chief rivals are leading the crypto market lower, and two factors are to blame. Read the full story
There are 190 cryptocurrency exchanges, but some are way better than others
CNBC
There are close to 200 cryptocurrency exchanges, with new ones popping up every day. Here's what you need to know. Read the full story
CURRENCIES
Dollar slips as traders wait for Fed hints on future rate rises
MarketWatch
MarketWatch
The dollar moved lower against most major currencies on Wednesday, with traders booking some profits ahead of the Federal Reserve decision and press conference which could provide more clarity on the future path of interest rates. Read the full story
Forex - Dollar Remains on the Downside with Fed in Focus
© Reuters. Dollar still lower vs. other majors ahead of Fed decision Read the full story
Forex - Dollar Turns Lower Ahead of Fed Decision
Investing.com
Investing.com
© Reuters. Dollar turns lower ahead of Fed decision Read the full story
Brexit: Sterling faces imminent slump against euro and dollar, warns currency expert
The Independent
Buy euros and dollars now before sterling slumps: that was the message from a leading foreign currency expert at a travel industry event on the impact of Brexit. Read the full story
Nigeria: Currency Deal With China Stalls Two Years After Talks
AllAfrica
AllAfrica
Two years after the administration of President Muhammadu Buhari announced that the country was in advanced talks with China for a currency swap deal, the scheme has failed to take off. The development now appears like a similar move made earlier under the administration of Goodluck Jonathan in 2013, in which several infrastructure deals were signed, but later reduced to bilateral trade rather than finance and capital flows. According to reports, after a meeting with Chinese President Xi Jinping Read the full story
Rupee trades flat against US dollar ahead of Fed policy decision
Livemint
Mumbai: The Indian rupee was trading little changed against the US dollar ahead of the US Federal Reserve’s policy statement due later on Wednesday. Read the full story
Medicine that slows balding may turn stiff vessels supple, helping vital organs
Science Magazine
Science Magazine
WASHINGTON-(March. 20, 2018)- A medicine that slows balding and stimulates hair growth also may make stiff vessels more stretchy and improve blood flow to vital organs like the brain, according to an experimental model study published online March 2 .. Read the full story
Patients regain sight with experimental stem cell treatment
CBS News
"We've restored vision where there was none," a researcher says Read the full story
Here Are Six Ways To Keep Your Brain Healthy
FORTUNE
The brain is a mysterious thing. Its complexity has dogged researchers and the drug industry for decades, and its devastating diseases—Alzheimer’s, Parkinson’s, ALS—largely elude effective treatment. Ann Romney, speaking at Fortune’s Brainstorm Health conference in Laguna Niguel, California Tuesday afternoon, said when she was diagnosed with Multiple Sclerosis in 1998, she thought she’d “never have another good day.” She found that medicine helped manage her disease, but it was non-traditional Read the full story
USA/CANADA
One JFK conspiracy theory that could be true
CNN
CNN
An expert weighs in on several conspiracy theories surrounding the assassination of President John F. Kennedy. Read the full story
US unlikely to name trade war ‘point person’ amid White House chaos, leaving Wang Qishan with no counterpart to meet
South China Morning Post
Dizzying speed of staff turnover in the Trump administration may make it difficult to name a US interlocutor for talks on averting all-out trade conflict Read the full story
Kudlow Wants New Tax Cut for Rich, Without Vote in Congress
New York Magazine
Trump will never go along with this once he remembers that Republicans hate executive orders, though. Read the full story
Opinion | Larry Kudlow's Strong Dollar Is Easier Said Than Done
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App OPINION | PROPHETS Currencies don’t always do what politicians or economists would like them to. MARCH 20, 2018 4:03 PM EDT No longer a pundit. Larry Kudlow, the newly appointed White House economic adviser, has made it clear that he supports a strong dollar. Minutes after his appointment on March 14, he even offered a trade based on his policy ideas: “I would buy King Dollar and I would sell gold.” History suggests that if Kudlow is able Read the full story
Fed eyes interest rate hike as market holds breath
Fox News
A fourth rate hike in 2018 could throw the market a curveball. Read the full story
NBC News
'Travel will be very difficult to impossible, especially during the evening commute' in big Northeast cities on Wednesday, the National Weather Service said. Read the full story
EMERGING MARKETS
China stays on the sidelines as Venezuela spirals downward
Reuters
Reuters
China is likely to extend an agreement providing crisis-stricken Venezuela with favorable loans repayment terms but will not lend fresh funds to President Nicolas Maduro's government, according to sources in Caracas and Beijing familiar with the situation. Read the full story
6 months after Hurricane Maria, Puerto Rico has a suicide crisis and a housing shortage
Vox
The road to recovery is long. Read the full story
What’s Happening With Puerto Rico’s Stores After Hurricane Maria?
Racked
Following the devastating storm, boutiques across the island are back in business. Read the full story
MIDDLE EAST
Oil gains as U.S.-Saudi talks raise risk of Iranian crude curbs - News for the Oil and Gas Sector
Energy Voice
Energy Voice
Oil extended gains as investors assessed geopolitical risks with speculation that the U.S. president and Saudi Arabia’s crown prince discussed countering the influence of Middle East producer Iran. Futures rose 0.1 percent after climbing to the highest level in more than three weeks on Tuesday. Donald Trump hinted at a withdrawal from a deal curbing Iran’s nuclear program as a U.S. visit by Saudi Arabia’s Mohammed Bin Salman began. Such a decision would raise the risk of the OPEC member’s oil Read the full story
Formerly detained Saudi businessmen Alwaleed and Alhokair in talks for loans
Reuters
Two businessmen formerly detained a part of Saudi Arabia's anti-corruption campaign are now in talks with banks for loans for their firms in excess of $3 billion, sources said, suggesting that bank markets are open again for those who have reached financial settlements with the government. Read the full story
Israel just warned Iran it won’t tolerate another nuclear power in the region
VICE
“Everyone in the Middle East would do well to internalize this equation.” Read the full story
China's CNPC inks $1.18B deal for stakes in Abu Dhabi oil
ABC News
China's state-run national petroleum company sigs $1.18 billion deal for stakes in 2 offshore concessions in Abu Dhabi Read the full story
How America’s Brutal 15-Year War in Iraq Changed Its Environment Forever
Mother Jones
This story was originally published by HuffPost and appears here as part of the Climate Desk collaboration. Azzam Alwash, the man credited with restoring the Iraqi marshlands believed to be the biblical garden of Eden, is ready to say something controversial: He welcomed the war. Even now―15 years after US forces invaded Iraq, ending nearly a quarter-century of Saddam... Read the full story
AFRICA
Zimbabwe: Child Labour Exposed At Tobacco Farms
AllAfrica
AllAfrica
(Photo: The Herald) Harare Research by human rights groups has established abusive practices such as child labour and exposure to nicotine poisoning in the production of Zimbabwe's globally-renowned tobacco. The damning findings by Human Rights Watch (HRW), disclosed ahead of the resumption of the selling season at the auction floors in the capital Harare today (Wednesday), revealed an industry fueled by impoverished small-scale farmers and vulnerable workers. These workers, including youngsters Read the full story
Zimbabwe: We Don't Just Hand Out Money, Says China
AllAfrica
China dragged its feet on implementing former President Robert Mugabe's "mega-deals" because of a poisoned business environment, Beijing's envoy to Harare has said. Chinese Embassy to Zimbabwe Counselor Zhao Boagang told journalists at a media briefing that President Emmerson Mnangagwa's government has made "encouraging" changes that have shifted the business environment. "You have made changes to the law (Indigenisation and Economic Empowerment Act) because there is a realisation by government Read the full story
Zimbabwe: Mugabe Should Stop Taking Zimbabweans for Granted
AllAfrica
Many people watched the Press conference held by former President Mr Robert Mugabe last week with keen interest. After his resignation as the country's leader in November last year, Mr Mugabe had spoken in bits and pieces, making it practically impossible to gauge his actual thoughts and intentions. There had been a lot of media reports that left people with so many questions on what exactly he was up to. A few days before, it had been reported that Mr Mugabe had a huge hand in the formation of Read the full story
Malawi: Malnutrition Levels Shocking - Graca Machel
AllAfrica
(Photo: Graca Machel Trust) Graca Machel Trust founder Graca Machel has described malnutrition levels in the country in Malawi as alarming; and, has since called for more effort from civil society organisations (CSOs) and stakeholders. Machel said in the capital Lilongwe during a high level dialogue on the state of malnutrition in Malawi organised by Civil Society Organisation Nutrition Alliance (CSONA). According to studies, the current stunting levels in Malawi are said to have dropped from 47 Read the full story
Africa: ED, AU Leaders to Sign Continental Treaty
AllAfrica
(Photo: @PresidencyZA/Twitter) Kigali President Mnangagwa will today join fellow African leaders here for the signing and launch of the African Continental Free Trade Area (AfCTA) agreement during the African Union (AU) Extraordinary Session of Heads of State and Government. He will be among leaders who will sign the continental agreement, marking the creation of the largest free trade area since the founding of the World Trade Organisation (WTO) in 1995. Read the full story
The story behind Africa's free trade dream
BBC News US
Africa is hoping to agree a free trade deal encompassing the whole continent - but can it be done? Read the full story
ASIA
China's CNPC inks $1.18B deal for stakes in Abu Dhabi oil
ABC News
ABC News
China's state-run national petroleum company sigs $1.18 billion deal for stakes in 2 offshore concessions in Abu Dhabi Read the full story
Asian Equities Bounce Back Ahead of Fed Meeting
© Reuters. Asian equities rose in afternoon trade on Wednesday Read the full story
Asian markets bounce back ahead of Fed meeting
MarketWatch
Stock markets rose Wednesday in Asia, following modest rebounds in Europe and the U.S. that partially reversed Monday’s global declines. Read the full story
Five Things You Need To Know About U.S.-China Trade
Economy Mar 20, 2018 14:09 GMT Investing.com - Having already imposed steel and aluminum tariffs on China and other nations, President Trump is reportedly preparing another round of tariffs directed solely at Beijing. The President has long promised to get tough on China because of its huge trade surplus with the U.S. Trade, however, is a two-way street, and China happens to be the third largest market for U.S. exports. With concerns about a U.S.-China trade war on the rise, here are five things Read the full story
EUROPE
EU member states have 'concerns' about latest Brexit deal and may not endorse it
The Independent
The Independent
Some European Union member states have “concerns” about the Brexit deal struck between negotiators on Monday and may not endorse it at a European Council summit on Friday, officials have warned. Read the full story
Brexit: MEPs write to David Davis demanding clarity on citizens' rights
The Parliament Magazine
The letter has been signed by cross-party deputies such as Charles Tannock, Richard Corbett, Alyn Smith and Jean Lambert. It asks for a commitment from both the EU and UK that the principle of “nothing is agreed until everything is agreed” does not apply to the issue of citizens’ rights. “Without such an assurance, the lives of the 4.6 million EU citizens in the UK and British citizens in the EU remain in limbo and may be held hostage on negotiations in other areas. This continuing uncertainty Read the full story
Spain threatens to derail the Brexit transition deal over Gibraltar
Business Insider
Union Jack, the Gibraltarian flag and the EU flag are seen flying, at the border of Gibraltar with Spain Thomson Reuters Britain and the EU agreed the terms of a Brexit transition deal on Monday. Spain is threatening to block it unless Britain backs down on Gibraltar. The Spanish government wants a veto on Gibraltar - a British overseas territory on the southern coast of Spain - staying in the single market and customs union during transition. The EU must convince Spain to change its mind by Read the full story
Silicon Valley faces sweeping new taxes in Europe
CNN Money
The European Commission proposed sweeping new taxes on Wednesday that would drastically change how and where top digital companies are taxed. Read the full story
UK Unemployment Rate 4.3%, Wage Growth Picks Up
UK jobless rate drops to 4.3% vs. 4.4% forecast Read the full story
Brexit: UK risks 'sleepwalking into a crisis' unless it reaches security deal with EU, MPs warn
The Independent
Britain risks “sleepwalking into a crisis” unless a deal is struck to maintain security and policing cooperation with the EU after Brexit, a committee of MPs has warned. Read the full story
UK Annual Inflation Falls to 2.7% in February
© Reuters. UK CPI rises 2.7% in February vs. 2.8% forecast Read the full story
d
Blessed and Highly Favored:
CBI Update:
Closed for Noruz Holiday
The CBI for Thursday 3/22/18 did update on the indicative rates Sell Rate is
The currency auction is 1
There is no news and announcements for Thursday 3/22/18
ISX Update:
Closed for Noruz Holiday
Value Traded
Shares Traded
ISX ended in Green
3-21-2018 Newshound Guru Adam Montana Back to the rate showing up in different places at different rates… does Google know something we don’t? It’s certainly possible, but there’s probably no way to know for sure. Another important point… there will be no RV without HCL. The timing of this Google rate thing is extremely suspect when you factor in this: Article: "March 29, the latest session of the parliament" They are specifically mentioning HCL being addressed on the 29th – 8 days from now. That’s precisely the kind of window I’d be expecting to allow the major banks and trade centers time to prepare for a massive influx of a new currency! [post 2 of 2]
3-21-2018 Newshound Guru Adam Montana OMG the RATE! Google has shown a higher than expected rate multiple times in the last couple weeks. IS THERE SOMETHING GOING ON HERE?! Google is showing a new rate! ...0.0015. To be blunt – I don’t know for sure. I have contacts that can reach into the GOI and CBI to get answers, and none of them are admitting anything right now. The one place I do NOT have contacts, go figure, is the Google itself. ...I’d love to go straight to the horse’s mouth and ask what’s causing these deviations in their shown exchange rate. I will say one thing for certain, however. NONE of the published rates, whether they are on XE, Google, Coinmill, or anywhere else...NONE of them matter until Iraq itself (via the CBI) announces that they are exchanging with foreign countries. [post 1 of 2....stay tuned]
3-21-2018 Newshound Guru mike Article: "The exchange rate of the dollar against the dinar throughout Iraq" ...they're not in compliance. Why the CBI stopped publishing the numbers is baffling but in lieu of their data, we're stuck with the stock exchange information. In principle this is like NASDAQ or the NYSE here in the US. The Basra Exchange is reporting 1247-$1 and the Arbil (Erbil) Exchange is reporting 1252-$1.
3-21-2018 Intel Guru Dr. Clarke MARCH 26th must PASS. "The Very Last Minute...still Qualifies" P.S. WHY is ALL of Iraq getting PAID in arrears, and Up-To-Date NOW...In the 3rd Week of March? "SEE" Differently. RE-Do, RE-Look, RE-Explain, RE-Search, RE-Pay, RE-Appear, RE-Sign, RE-Finance, RE-Loan, RE-Evaluate, RE-Exchange, RE-Deposit, RE-Employ, RE-Assess, RE-View, RE-Write, RE-Buy, RE-Experience...RE-EVERYTHING.
"RE-EVALUATION Season" HAPPY SPRING
3-21-2018 Newshound Guru Adam Montana OMG the RATE! Google has shown a higher than expected rate multiple times in the last couple weeks. IS THERE SOMETHING GOING ON HERE?! Google is showing a new rate! ...0.0015. To be blunt – I don’t know for sure. I have contacts that can reach into the GOI and CBI to get answers, and none of them are admitting anything right now. The one place I do NOT have contacts, go figure, is the Google itself. ...I’d love to go straight to the horse’s mouth and ask what’s causing these deviations in their shown exchange rate. I will say one thing for certain, however. NONE of the published rates, whether they are on XE, Google, Coinmill, or anywhere else...NONE of them matter until Iraq itself (via the CBI) announces that they are exchanging with foreign countries. [post 1 of 2....stay tuned]
3-21-2018 Newshound Guru mike Article: "The exchange rate of the dollar against the dinar throughout Iraq" ...they're not in compliance. Why the CBI stopped publishing the numbers is baffling but in lieu of their data, we're stuck with the stock exchange information. In principle this is like NASDAQ or the NYSE here in the US. The Basra Exchange is reporting 1247-$1 and the Arbil (Erbil) Exchange is reporting 1252-$1.
3-21-2018 Intel Guru Dr. Clarke MARCH 26th must PASS. "The Very Last Minute...still Qualifies" P.S. WHY is ALL of Iraq getting PAID in arrears, and Up-To-Date NOW...In the 3rd Week of March? "SEE" Differently. RE-Do, RE-Look, RE-Explain, RE-Search, RE-Pay, RE-Appear, RE-Sign, RE-Finance, RE-Loan, RE-Evaluate, RE-Exchange, RE-Deposit, RE-Employ, RE-Assess, RE-View, RE-Write, RE-Buy, RE-Experience...RE-EVERYTHING.
"RE-EVALUATION Season" HAPPY SPRING
!3-21-2018 Newshound Guru MilitiaMan Article: "Abadi: We have launched the financial allocations for all governorates" Quotes: "The central government has launched all financial allocations for all provinces as stipulated in the federal budget for 2018,..." ..."it is necessary to monitor the distribution of salaries to the staff of the region after the launch on Sunday." They Launched it on Sunday. They paid them yesterday and today. They called for Holiday Thursday...Go figure about the timing...Everything we have learned to date is coming to completion.. eos imo ~HCL, 140, Budget, etc...the list goes on!
3-21-2018 Intel Guru Bruce From that aspect Iraq is complete and they have the lower denominations in the ATMs for awhile now...They have some plans to use the coins, the fils. Those coins will be a hard currency and they will be able to use those here very shortly. I do not know if that is in play or about to be in play possibly starting tomorrow [Wednesday]. That is one other sign to show Iraq is done and ready to go and be an international player with their currency which is great...Don’t worry about the rates. The rates are great...We will see how it shakes out the next couple of days. I feel good still about this week. [post 2 of 2]
3-21-2018 Intel Guru Bruce It is not wise for me to call it on any particular day, but I do like sort of what I am hearing between tomorrow and the rest of the week...Hearing some good things about documentation being signed off. Hearing things about in Iraq of everything what we were looking for which was the budget, the oil and gas law, and the rate be put in the budget...That happened by default over Sunday. So more than likely at least that maybe will hit the printed version of the Gazette tomorrow [Wednesday]. It doesn’t really matter to us if it does or not because Iraq is ready. The Qi cards are activated and the rate is on the cards. We know what it is and the in country rate is great... [post 1 of 2....stay tuned]
3-21-2018 Intel Guru Bruce From that aspect Iraq is complete and they have the lower denominations in the ATMs for awhile now...They have some plans to use the coins, the fils. Those coins will be a hard currency and they will be able to use those here very shortly. I do not know if that is in play or about to be in play possibly starting tomorrow [Wednesday]. That is one other sign to show Iraq is done and ready to go and be an international player with their currency which is great...Don’t worry about the rates. The rates are great...We will see how it shakes out the next couple of days. I feel good still about this week. [post 2 of 2]
3-21-2018 Intel Guru Bruce It is not wise for me to call it on any particular day, but I do like sort of what I am hearing between tomorrow and the rest of the week...Hearing some good things about documentation being signed off. Hearing things about in Iraq of everything what we were looking for which was the budget, the oil and gas law, and the rate be put in the budget...That happened by default over Sunday. So more than likely at least that maybe will hit the printed version of the Gazette tomorrow [Wednesday]. It doesn’t really matter to us if it does or not because Iraq is ready. The Qi cards are activated and the rate is on the cards. We know what it is and the in country rate is great... [post 1 of 2....stay tuned]
3-21-2018 Intel/Newshound Guru tman23 next 12 days just became very interesting...with regards to IQD possibilities of speculation...
d
Elmer:
Not in today
Artmeister:
Not in today
Catnip:dd
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ARTICLE 1 (from PM Abadi's website
Prime Minister Dr. Haider Abadi: The secret of our strength lies in our ability to overcome difficulties
March 21, 2018
Prime Minister Dr. Haider al-Abadi said that the secret of our strength lies in our ability to overcome difficulties and that the nations are challenging
Success is not done in a way covered with flowers.
This came during his chairmanship today, the expanded meeting with the advanced owners of the Ministry of Higher Education and Scientific Research and the heads of public and private universities and a number of teachers.
He added that this victory is the outcome of the steadfastness of the fighters and the sacrifices of the martyrs and as a result of the steadfastness of every Iraqi in his work, praising the continuation of universities to give them despite the threat Which has been exposed to the country.
Dr. Haider al-Abadi said that the procedures of extending the federal authority came from our view that Iraq is one and the wealth should be distributed fairly among the Iraqis with their different affiliations and diversity.
The Prime Minister added that while maintaining the independence of universities and being effective in society and away from politicization and exploitation of political and electoral platforms, warning of the transformation of universities to the financial gain at the expense of gender and scientific honesty and the need of society.
The Prime Minister called on the universities to benefit from the Iraqi academic and scientific competencies, expertise and expertise at home and abroad who have been excluded from the circumstances of their country, and to focus on the honesty and reputation of universities and improve their level in the international classification.
As for Iraq's foreign policy, he stressed that we have established normal and balanced relations with all the neighboring countries and the region to safeguard the interests of our people and our country and our constants, on the basis of respecting sovereignty, exchanging interests and searching for the participants instead of the conflicts that destroyed the region.
And discussed the reality of universities in Iraq and their projects and needs and requirements of future plans and related to rights and privileges.
At the end of the meeting, His Excellency received from the Minister of Higher Education and Scientific Research the document of the fulfillment of Iraq's full commitment to the destruction of the remnants of chemical weapons.
Prime Minister 's Media Office
21 March-2018
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ARTICLE 2
Tweet posted on Government of Iraq twitter account:
Government of IraqVerified account @IraqiGovt 3-21-2018, around 2:30 pm Eastern
On Iraqi Mother’s Day, we celebrate the accomplishments, the sacrifices & the resilience of Iraqi mothers. Iraqi women are at the heart of the @IraqiGovt’s vision for peaceful, prosperous and strong communities
Tweet posted on PM Abadi's twitter account:
Verified account @HaiderAlAbadi; posted 3-22-2018 around 5:35 am Eastern
Prime Minister Dr. Haider Abadi orders the opening of an immediate investigation into files of corruption related to the allegations of the offer or sale of fictitious employment contracts to citizens by political parties and the degrees of functional does not have financial allocations in the budget and does not exist originally with the aim of achieving an illegal electoral gain
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ARTICLE 3
Jubouri calls for the protection of citizens on the roads between the provinces
BAGHDAD, March 22 (Reuters) - Parliament Speaker Salim al-Jubouri called on citizens to protect their roads and protect their lives and property.
"Protecting the lives of citizens and their property and imposing the rule of law is the goal that should be in the eyes of all, and the government should make every effort to achieve it," Jubouri said in a statement.
He added that "the crimes committed against citizens on the roads between the provinces, especially on the road to Toz must be treated as soon as possible."
Al-Jubouri called on the security leaders to "assume their responsibilities to protect the citizens and their movements and beatings by criminals who target the lives of Iraqis, threaten security and seek to waste the chances of stability that all Iraqis are striving to achieve." Fin
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ARTICLE 4
The opening of the monument [Kalkamesh] at Baghdad airport
2018/3/22 10:41
[Ayna-Baghdad]
The administrative agent of the Ministry of Transport opened the symbolic monument of Kalkamesh at Baghdad International Airport.
"In the presence of the Director General of Iraqi Airways, Miran Farid, the head of the Culture and Information Committee MP Maysoun Damluji and the legal adviser of the Civil Aviation Authority Abbas Nasser and a number of other official figures opened the administrative agent of the Ministry of Transport [Ahmad Karim Abdul Ayoub] symbolic statue of Kalkames in the street leading to the halls of Baghdad International Airport. "
The statement quoted Ayoub as saying that "the opening of the monument in order to highlight the features of Iraqi civilization and history of the ancient passengers coming and departing from Baghdad International Airport, in return for the price of the Director General of Iraqi Airways this step as well as other steps by the Ministry of Transport for the development of the ministry "He said.
Farid pointed out that "the national carrier and through the continuous follow-up of the Minister of Transport continues to achieve successes one day after another in order to provide all the best for travelers."
"The fifth king of Urk [Iraq] is considered the fifth kings of the country of Urk, and for a long time he was considered a mythological figure, but the prevailing belief now was that he was already present after the discovery of the clay tablets in which he mentioned the name of Kish Anmin Barkasi, who is also mentioned in the epic of Kalkamesh ] But legends form an important part of the information available about Kilgames. "
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ARTICLE 5-A
New drug to reduce "sugar" reduces accumulation of liver fat
2018/3/21 16:16
[Ayna-Follow]
US researchers have developed a new drug to treat type 2 diabetes that is likely to help lower liver fat in non-alcoholic fatty liver patients and high blood sugar levels, according to preliminary trial results.
The research was conducted on 10 patients with type II diabetics in their forties, who were given a daily dose of 10 milligrams of Imapagipluzine plus standard medical treatment for type II diabetics such as metformin or insulin.
The follow-up to the effectiveness of the drug in reducing liver fat significantly, compared to other drugs treated for sugar.
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ARTICLE 5-B
Health Announces First Open Heart Surgery in Babel Hospital
BAGHDAD, March 21 (Xinhua) - The Ministry of Health announced on Wednesday that the first open heart surgery operation is being carried out within the medical induction program at Imam al-Sadiq Hospital in Babel.
"According to the directives and follow-up of the Minister of Health and Environment Adel Hamoud Hussein, Imam Al-Sadiq Hospital announced the first open heart operation within the program of medical recruitment of an eight-month-old girl from the people of Maysan," the ministry said in a statement.
The statement added that "the operation was carried out today, March 21, 2018 to the case of VSD ventricular ventricular opening by an Indian medical team from the ministry within the program of medical recruitment from the hospital Fortis Muland Mumbai and in cooperation with our medical staff," noting that "this process is correct in full where it was suffering Of the existence of (the ventricle between the ventricles and the high pressure of the acute pulmonary artery) ". Finished
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TNT Call notes 21-March-2018 by Adept 1:
We are waiting to get some info later today from Iraq, if there are any New Year announcements other there
[Music: It’s done, it’s finished; the RV’s on its way…]
RayRen: Good afternoon, TNT super-fantastic family! This is Wednesday, March 21, 2018, with yours truly RayRen98 here, along with…
Tony: Gooood morning, TNT! Let’s get this party started…
RayRen: We sent out this update yesterday:
Kurds are acknowledging getting paid, completion of payments is expected in two days. Iraqi TV is broadcasting that Parliament will hold its last session on March 29 where they intend to pass ALL remaining laws. No meetings are anticipated in April due to preparations for the May elections.
RayRen: We have heard that the Kurds have been paid. However, with the two holidays following by Friday (their holy day) it’s hard to tell when more might happen.
Tony: They were going to have everyone paid by Sunday/Monday, then by Tuesday, and now it’s Wednesday and they say the Kurds have been paid. We still don’t know the rate they were paid. A few weeks ago they said that the lower denominations will be coming out ‘in the coming days’ and they wanted that to be complete by the 21st. I don’t see any lower denoms on the streets, and haven’t received any information on that from Iraq. They also said they would see a new rate this month on or before the 25th. I thought we would see the new rate and the lower denominations both to come out today.
Kurdistan has a three-day holiday; Baghdad has a two-day holiday, and then Friday is their holy day. We are looking fro things to happen because today is the beginning of the new Iraq, with a new financial system. Everything is supposed to start today. Yes, they are saying Parliament wouldn’t meet until the 29th, and then not until after the elections in May. The news said that the HCL has passed (again). Weeks ago, Articles 8 and 140 have supposed been agreed between Iraq and Kurdistan, but some still think they have not been done, or that they have to be done in order to see the RV. I don’t see anything these laws have to do with the economy, the rate, the lower denoms or anything else. But we still haven’t seen the RV or RI, and I’d like to know why not. We were told it was a timing thing, and they want to tie it in to the New Year (today). But who knows? I don’t believe they can have an election without the proper rate. I think you have to do what you said if you want to be re-elected. They have been talking about this on television for months, saying this is ‘in the coming days’ and then take months to implement it. That does not look good for the people, the government, the IMF or anyone else. So I do hope this will be done on or before the 25th like they said. Let’s just get this done!
There are no updated today- nothing on the 800 numbers of the NDA or the Aim so far. I have asked the questions and out guy is now on another committee because this is supposed to be over. Our other sources are highly upset; the banks were mad over the weekend and earlier this week because they were told they'd be processing people during this time. So now the banks are upset as well.We are waiting to get some info later today from Iraq, if there are any New Year announcements other there
Questions from the TNT forum
Q: Re: the 20 million limit on Dinar, is that, 20 million Dinar for exchange or 20 million dollars after exchange? RayRen: Anyone can now get the contract rate if you have ten million dinar or below. Tony: I got the impression that the ten million is what you have overall, and less you have the more likely you are to get contract rates. [For the regular rate, there is no cap on dinar, dong, or rupiah, to the best of our knowledge.]
Q: What is the MINIMUM number of Trustees needed for a non-statutory trust? Tony: One, although I wouldn’t recommend only one.
Q: A couple of weeks ago when you shared the contract rate of $28.50 and a limit of 10,000,000 dinar, you gave an example of where they may offer us a smaller portion of the exchange at the contract rate, and then the balance at the screen rate. I believe you gave an example of someone having 20,000,000 dinar, 2,000,000 dinar being exchanged at the contract rate and then the balance at the screen rate. Are you still hearing that they would offer us the contract rate on a small portion of our exchange? Or what is the likelihood that they would exchange the first 10,000,000 at the contract rate, and then the balance of our exchange at the screen rate?? Tony: I don’t remember there being a limit; it is based on how much total currency you have, not just the dinar. It will be up to the private banker or wealth manager you deal with, so you need to negotiate with that WM. Most people have less than a million dinar, and they should go in and get it! They want to spread the contract rates out to those with fewer dinar because they don’t want to create a whole lot of billionaires.
Q: Iraq Questions - Hearing of HCL and Art 140. There is not a publicly seen support of these being ratified in the Gazette to date. Will this announcement/implementation act as a trigger to show the new rate? Are you hearing of any needed amendments to these laws, hence why they are not implemented yet? If not, why do you feel this is being held back? A: Everything was supposed to be settled months ago, so I don’t know why we are still talking about it. HCL and Article 140 have nothing to do with the economy, but some are seeing those laws an excuse for delays.
Q2: Exchange Question - members being shut down by wealth managers, private bankers and tellers when they ask them about IQD, exchanging, etc. is what brings my next question. Are there many more dedicated non-retail bank exchange locations than are actual retail banks performing exchanges? Logic based on many reports of many banks saying, "I know nothing" has me think in this direction which surely looks like members asking uninformed personnel because they cannot even get to the ones in the know. A: There were only a few branch people being informed because they expected to use more exchange centers, so most bankers didn’t need to know. Now that they are expected people to go to the tellers and ask for a wealth manager, more will need to be informed. If most people use the 800 numbers, they will be directed to exchange centers, so once again most bankers will not need to be informed.
Q2: Exchange Question - members being shut down by wealth managers, private bankers and tellers when they ask them about IQD, exchanging, etc. is what brings my next question. Are there many more dedicated non-retail bank exchange locations than are actual retail banks performing exchanges? Logic based on many reports of many banks saying, "I know nothing" has me think in this direction which surely looks like members asking uninformed personnel because they cannot even get to the ones in the know. A: There were only a few branch people being informed because they expected to use more exchange centers, so most bankers didn’t need to know. Now that they are expected people to go to the tellers and ask for a wealth manager, more will need to be informed. If most people use the 800 numbers, they will be directed to exchange centers, so once again most bankers will not need to be informed.
Q: How long does the “pre-tax event” last? If we exchange part of our currency during this Pre-Tax event, and exchange more, or all, in 7-10 days - after time on Forex, or even months from now - will that amount also be considered part of the Pre-Tax event…or subject to some other tax rate? A: I have no idea. We are not being told if you can only exchange for X days or weeks, and then it reverts to some other process. As I understand it, the tax situation has been set by international tax treaties.
3. Zimbabwe: Has there been any change on either a rate adjustment in pennies, or method of calculation (zeros following the decimal)? A: No change.
3. Zimbabwe: Has there been any change on either a rate adjustment in pennies, or method of calculation (zeros following the decimal)? A: No change.
Q: Is the rupiah still in the first basket? What is the rate? A: $1.08.
Q: Before we call to set an exchange appointment with a wealth manager, my wife and I would like to each go separately to different banks to exchange a million dollars with a teller. We have separate accounts, and we don’t use the same last name. There are legal matters we need to take care of prior to our major exchange, and these funds would be crucial toward that end. Is this a workable or advisable plan? A: I don’t see any problem with that.
Q: Tony has said several times that the Canadians will get more for their currencies because their dollar is worth more. Could you please explain why then is our dollar at $.77 to USD $1.29?? A: That is a misunderstanding. For (say) one million dinar, Canadians will get about five million CANADIAN dollars vs. four million US dollars.
Q: A If you set up a foundation in support of a person, place, or thing, will you lose the right to close the foundation? Tony: Yes. Can the foundation be shut down and your principal returned to you? Tony: No. What happens to the principal at the termination of a Foundation? A: If a foundation is shut down, the assets are disbursed to other foundations or projects. You would NOT get your money back.
Q: Here is a question a bond like the Zim bond has a value, can be as high as 100 T dollars. If a bank or other entity buys the note from someone at the point of maturity, isn´t that the same as discounting? If the answer is yes, isn’t the discount an amount to be negotiated? A: Can’t answer that. We are not licensed to give you financial, legal, tax, or investment advice. Consult a professional.
Q: On another call you said you would inquire if persons from the Caribbean region can exchange in the USA. Did you get the answer? A: No.
Q: if the new rate for the dinar comes out at $3.71 for the rate to buy dinar from the banks. What would the sell rate be to sell the currency back to the bank? Someone here in chat was saying $2.00 but I was thinking that was to low. Do you know roughly what the sell rate would be for the dinar? The sell rate is lower plus we would still have a fee charged on top of that, correct? A: Yes, the sell rate would be lower. Look at the difference between the buy and sell rates now, and calculate the percentage between the two. You can also do this on any foreign exchange site, and it will show you the kind of difference that is likely to obtain post-RV.
Q: A while back Tony mentioned that he was talking with shop owners, locals, "people on the street" that they had their card loaded with a new rate of around $3.41 and life was good! Lately all we have heard are the rates not being shown, having no 'in-country' RI or RV and no one knowing what the rate is. I am confused; what happened to all of these cards loaded with this new rate over a month or more ago? A: They did load the cards, and they thought they would have an RI. That shop owner did get paid on Saturday, at the old rate. They say one thing and do something else. They were explaining the lower denominations in December, and again two weeks ago. They were supposed to be released today, and we’re still waiting. I cannot make them do anything, I can only tell you what they say.
Q: Will the operator on the 800 number actually set our appointment or give us the number/name of a wealth manager to call and set the appointment? A: They will set the appointment.
Q: Zimbabwe says it will not be able to pay off complete debt till September or October of this year in order to be current with their international debt. This would allow them then to be back in good standing to join the world economy. How can they possibly pay us until this happens? A: It’s just like the dinar and the other currencies: they are not paying you. The US Treasury is paying you. They can take the money and tell Zimbabwe that they have it, and start giving it back to Zimbabwe in exchange for their minerals and other assets. That’s what they are doing in Iraq: the UST will give them dinars back in exchange for oil.
Questions from live callers
865/404 caller: You said this is the beginning of the new Iraq – were they expecting to have any sort of formal acknowledgment?
Tony: The holiday itself is the new beginning – today is the Persian New Year. Abadi says this is the graduation for the people of Iraq and Kurdistan, and a new beginning. Does that mean an announcement to the world? They’ve already done the celebrations because they thought it had already happened. They will just put out the new rate, rather than it being on our news.
Caller: There are still a few hours left in the day… fingers crossed. Tony, when did your contact exchange in Canada?
Tony: Two weeks ago.
Caller: What’s the latest on military bases being used as exchange centers?
Tony: Are you a vet? No? We have heard that military bases will be used for the military and for veterans, and they may get a better rate than you get as a civilian. Some people have already been briefed on the bases.
904 caller: A month ago, you mentioned you knew the people in charge of writing up the NDA. You said they wouldn’t sign it, but lately you said that the average person would not have a problem with it, and that we should sign the NDA.
Tony: Let me explain it to you. I have not seen the NDA. For years I’ve been told that I would have to sign a longer NDA. We talked to someone involved in putting this NDA today, and we were told that they’d created an NDA deliberately so that you would NOT want to sign it. The person who wrote it said that he wouldn’t be willing to sign it himself. However, Washington is making him sign it! For the average person, it might seem scary. I will have 44 pages, and they took this one from 34 pages down to 12 pages (including instructions and signature pages). They are making it all scary, with the threat of people following you around and tapping your phones. People, there are eight million of us with dinar – they are not going to follow eight million people around. If you go on a television program and blat it around, then yes, they will come after you. But if you don’t tell all your friends and relations how much money you have or where you got it, you should be fine. Believe me, they don’t have enough agents to watch everyone who goes through the exchange process, and they wouldn’t even care. It’s probably the 50,000 or fewer that have a chance of becoming multi-millionaires that they are interested in. Why would I be scared of the government knowing I have money? I will just keep it to myself. The NDA was formulated so that you wouldn’t want to sign it, but really it just separates out the brave who are willing to do what it takes to get the contract rate. They wrote it at a level you can read and comprehend at the appointment.
702 caller: Is there a window open now?
Tony: We were told ‘on or before the 21st’ for the lower denominations; they also put out that there should be a new rate ‘on or before the 25th’. I haven’t seen any lower denoms today, and it doesn’t make sense to me that they put out the lower denominations before the rate changes. I would imagine they would put them out together.
Caller: Dinar Recaps suggested the Admiral is being paid today…
Tony: He’s been paid a hundred times in the past hundred days, so who knows?
Caller: Which currencies are in the first basket?
RayRen: Dinar, dong, rupiah, Zim, Afghani, Iranian rial, maybe one more.
818 caller: Is there still a contract rate for the dong?
Tony: We were told there is no contract rate left for the dong, but you can always try. Everything is negotiable when you are talking with a wealth manager or private banker.
513 caller: They have been saying over and over that the banks are ready to go. Do you supposed part of the delay might be our questions – things they’re not thinking about?
Tony: It is definitely affecting things, changing the rules of the game, but all we can do is to work things out as best we can. That has worked in both directions. All the banks in all the states are ready to go – apart from Texas, who thinks it’s not going until mid-April.
Caller: Maybe we should have 15-minute calls without Q+A, so that you can give us the news/intel without having to answer the same questions over and over again.
704 caller: My son has less than a million in dong; he is in prison. Will he have to take his wife with him?
Tony: Take her with him to prison? <laughter> He should not take the contract rate because she would have to sign the NDA. If he doesn’t take the contract rate, then he can exchange whatever he wants, without his wife. Is he trying to get divorced?!
RayRen: Post-RV, I will be setting up a divorce-counseling service…
BC caller: Anything you can tell us about exchanging in the Caribbean? We all thought we could go to the US to exchange, and now it seems unclear.
RayRen: Do any of them have US bank accounts already? Those with US bank accounts should call the bank and ask.
Tony: How do you exchange foreign currency now?
Caller: Most of these people travel, but now there seems to be a restriction on where they exchange – if they have exchange where they reside.
Tony: I think they will have to live with their country’s laws. Call the bank and ask, or ask where they bought their currency. Everywhere we know, people have to exchange in their own countries. We only have information for the US and Canada; I don’t know what will happen in the Caribbean. We just don’t know. Call the local banks and ask.
863 caller: About the contract rates for the dinar (on recent calls), it was mentioned that the cap would be ten million dinar. Anyone who had less were told to call the 800 number so that they could be given the opportunity first. That was discussed on the call.
Tony: Ten million or less, or ten million or more?
Caller: No, I believe the statement was that contract rates had to go through the 800 numbers so that they could be tracked centrally. Also, it was said that those with less dinar would have more chance of getting the contract rate, if they called promptly.
Tony: There are two ways to get the contract rates: first come, first served, and then based on how much total currency you have overall, the private banker would offer you what s/he thinks is a reasonable amount to be given the contract rate. So the person with 100K needs to call the 800 number, and they will probably get 100% contract rate for their dinar. However, if the person has a lot of currency, they may get less at the contract rate, although the rest will be exchanged at the international rate. If you want the contract rate, call the 800 number and ask for it!
941 caller: If the government doesn’t want a lot of millionaires, why don’t they just make a lower rate? Then people who are in a rush and don’t care about the rate will exchange, and others will exchange further down the road. That would spread it out.
Tony: I don’t know. Also, we do not ‘cash in’ anything here. Don’t give your name because you’ll have a line of people outside your door! Anyone who is clued up know better than to take a dollar, otherwise they would never have bought that much dinar. That dollar rate would only hurt those who have not been paying attention and who will run to the bank to get any money they can. ‘They’ don’t care about millionaires; what they don’t want to create is billionaires… and those are the ones who would know to wait for the higher rates. They don’t mind up to one billion, which will affect 50,000 or fewer, although they would prefer even those people not get that much. They are trying to narrow this down; that is what this whole operation is about. At one point, the average citizen was not going to be able to do this period. They didn’t want that group to be this rich. That’s when we did the #wearethepeople campaign, and there was an agreement made that they would give X percentage of people a chance at the contract rate. That seemed fair to me, that we will all get access to the international rate, and some will get the contract rate. A few months ago, they told me to tell you that there would not be any contract rates at all, and I refused. Then two weeks later, they came back to me and said that there would be contract rates, but with a more ferocious NDA – 34 pages for ten years. Then they revised the DNA down to 12 pages, but it’s still for ten years. They can watch me all they want, just give me the money! If you take the contract rate and NDA, that’s okay, and if you don’t, that is also okay; they are holding up their part of the bargain. I can tell you that WE are not the reason this hasn’t gone.
619 caller: You said earlier that the rules are constantly being changed… so what are the objectives here? [can’t follow this caller’s rapid speech]
Tony: It’s not about you! This process was not put here for us to do the humanitarian projects we want to do. They didn’t do this for us to control this much money at all! Someone let the cat out of the bag and it ran all over the neighborhood.
Caller: How is it expected for any one of us to sit down and broker a correct exchange? I don’t see how this is supposed to work at all – the process itself. How can I make an intelligent decision when the rules and conditions keep changing?
Tony: Beats me. I think the answer is that we are expected to get a couple of hundred dinar and then exchange it. I had this conversation with someone on the committee: “You’re telling me that the average person who makes 100K per year or less is going to be upset at having only ten million in their bank account? Well, let’s cap it at a billion dollars…” Yes, I replied, all of us want to maximize the money we bring in. Yes, that’s the way WE want to look at it, but it’s not the way THEY look at it, and they’re the ones who put this together. We are playing in their arena, or rather sitting in the stands watching the game and joining in the celebration. We get to hear about and see it, and cheer for our team. We can bet and hope we win, but we don’t set the odds or take part in the game itself. They are trying to limit their winnings on those odds. They don’t want to give 1000-to-1 odds to anyone. We are part of the process because we supported the Iraqi economy through our purchases of dinar. We were told that we earned our seat at the table because of that. However, we didn’t put it together, write the rules, or force the changes; we were part of the process so we’re getting our part of the cake.
Caller: It’s frustrating that we have no influence on the process or the honesty of the process. How can I help my community if this is constantly changing?
Tony: That’s right, but we are not in control of this process. Once we have the money, we can start changing our towns and communities. This is generational for me, and that’s what everyone should be shooting for this whole time – to help our families for generations to come. The reality is that we’re right here where we are.
Closing Statement
We are in this position because we’ve done all we can do and continue to do so. Every week they don’t do this, buy some more! Make the most of this opportunity. We really cannot do anything today about the process. In the past, it looked like it was going a certain way; however, this is a different administration. Each administration had their plan, and got some things done towards this, but it keeps changing in the IMF, in Iraq, in the committees, and all the rest. There are people who have bought a thousand Zim, and they would have been happy to be paid out over a hundred years. That’s generational payout! Then the banks brought it down to 25-year payouts, and now we are being told something else by the committee members. We just have to do our best: have your plans A, B, and C. We don’t know until the day it happens, and find out what the rules are then. When we come down off the stands and engage, then we can decide which plan is going to work. The only thing we could do four years ago was to ensure that when the game went live, we would still be part of it, including contract rates. They threw in a few wrinkles, and we have some we threw in as well, and we have to go from there. They do listen to this call, and they change things according to what they hear, so some things we don’t discuss on this call. The important thing is that we are still in the game. The Iraqi people were told they would see lower denominations out on the 21st, and the new rate by the 25th. It only makes sense to me if they release both at once. Once those lower denoms hit the streets, this is over; it’s done. We’re in a good place. People are being paid on their MasterCards, and that means they are already international. We’re just waiting for an official rate change. I don’t know of any laws that need to come out in order to change the rate. We do it all the time! This will happen; stay involved, watch the news and the updates, and we’ll sent out a blast if anything exciting happens.
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