Word on the Street Tuesday 3/6/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,163.0000 | 1,163.0000 | 1,163.0000 | | 20:00 |
| USD/VND | | | 22,734.5000 | 22,353.0000 | 22,353.0000 | | 03:48 |
| USD/CNY | | | 6.3506 | 6.3306 | 6.3479 | | 06:38 |
| USD/KWD | | | 0.2995 | 0.2988 | 0.2993 | | 06:38 |
| GBP/USD | | | 1.3885 | 1.3819 | 1.3855 | | 06:38 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,783.0000 | 13,735.0000 | 13,737.0000 | | 06:36 |
CNBC Link:
CNBC Morning Squawk Link:
No link yet
DC NY Iraq Articles:dd
Mr. Ammar al-Hakim and infallible emphasize the importance of continuing dialogues between Baghdad and the region and pay the salaries of employees
Tuesday, March 06, 2018
(Baghdad: Al-Furat News) President of the National Alliance Mr. Ammar al-Hakim and the Republic Fuad Masum stressed the importance of continuing dialogues to resolve the outstanding problems between Baghdad and the Kurdistan region and facilitate the opening of airports and pay salaries of employees in the region.
A statement issued by his office, received the agency {Euphrates News} copy of it today, "Mr. Ammar al-Hakim discussed during his meeting on Monday, President Fuad Masoum, the developments of the political scene in Iraq and the region and the upcoming elections."
Mr. Ammar al-Hakim and Masoum stressed the need to compete on the basis of electoral programs, to avoid political squabbling and distortion, and that the upcoming elections are pivotal because they will move Iraq to the stage of stability and state building.
They also stressed the importance of continuing the dialogues to resolve the outstanding problems between Baghdad and the Kurdistan region and to facilitate the opening of airports and the payment of salaries of employees in the region.
Mr. Ammar al-Hakim pointed out that "adherence to the Constitution and the law guarantees the rights of all without exception."
Mr. Ammar al-Hakim and Masoum stressed the need to compete on the basis of electoral programs, to avoid political squabbling and distortion, and that the upcoming elections are pivotal because they will move Iraq to the stage of stability and state building.
They also stressed the importance of continuing the dialogues to resolve the outstanding problems between Baghdad and the Kurdistan region and to facilitate the opening of airports and the payment of salaries of employees in the region.
Mr. Ammar al-Hakim pointed out that "adherence to the Constitution and the law guarantees the rights of all without exception."
Punishment: Baghdad threatened the province to suspend its budget in case of compliance with the terms of the budget
Release Date: 2018/3/5 22:50 • 287 times read
The federal government threatened the province to suspend its budget for 2018 in the event of failure to comply with the terms of the budget.
"If the regional government does not hand over the oil to the Sumo company and the border crossings to the federal authority, the government will not release the funds allocated to the region," he said.
He added that "adding trillion dinars came to ease tensions between the region and the center that the proportion of the region is not enough to pay the salaries of employees in Kurdistan."
He pointed out that "the Ministry of Commerce confirmed data that the proportion of the province in the provinces do not exceed 13%," adding that "the addition of 3 trillion dinars was a political deal to satisfy the region and the popular crowd."
He added that "adding trillion dinars came to ease tensions between the region and the center that the proportion of the region is not enough to pay the salaries of employees in Kurdistan."
He pointed out that "the Ministry of Commerce confirmed data that the proportion of the province in the provinces do not exceed 13%," adding that "the addition of 3 trillion dinars was a political deal to satisfy the region and the popular crowd."
Al-Jaafari reviews Iraq's support for Iraq reconstruction
Date of release: 2018/3/5 20:29 • 68 times scheduled
(AFP) Foreign Minister Ibrahim al-Jaafari reviewed with Secretary of State for Commonwealth Affairs and United Nations Foreign Office Lord Ahmed of Wimbledon efforts to support Iraq in the reconstruction of the infrastructure of Iraqi cities.
"During his meeting Monday, Wafdoon reviewed the progress of bilateral relations between Baghdad and London and means of strengthening them to serve the interests of the two friendly countries," Al-Jaafari said in a statement. "The importance of concerted efforts and cooperation to enhance security and stability Area and reduce the proliferation of terrorist cells. "
"The two sides also discussed efforts to support Iraq in rebuilding the infrastructure of Iraqi cities, exchanging visits between officials of the two countries and opening new horizons for joint cooperation."d
"The two sides also discussed efforts to support Iraq in rebuilding the infrastructure of Iraqi cities, exchanging visits between officials of the two countries and opening new horizons for joint cooperation."d
OPEC: We have not discussed extension of oil cuts to 2019
The head of the Organization of the Petroleum Exporting Countries (OPEC) said the organization had not discussed extension of production cuts to next year, adding that the focus was still on reducing global crude stocks.
We feel there is still a surplus in the market," said UAE Energy Minister Suhail Mohammed Al Mazrouei, adding that "there are no talks on (extending the reductions to 2019) at this stage."
OPEC agreed on November 30 last year to reduce oil production by 1.2 million barrels per day.
Later, non-Opec oil states were agreed to reduce their oil production by 558,000 bpd.
NATO: Our troops remain in Iraq at the written request of the Prime Minister
NATO Secretary-General Jens Stoltenberg said that NATO troops would remain in Iraq at the written request of Prime Minister Haider Abadi.
"We are here because Iraq wants it, we are not here without the consent and invitation of Iraq," Stoltenberg said during a rare visit to Baghdad, during which he met with Prime Minister Haider al-Abbadi, adding that "the alliance received a written request from Abadi."
"NATO will not stay too long and the forces sent by 19 NATO countries are intensifying their training for Iraqi forces, especially in demining, military medicine and equipment maintenance," he said.
He praised the "important transformation of Iraqi forces, which moved from the collapse in 2014 to the extremists to restore all cities by the end of 2017." He stressed that "the alliance will take the training as long as necessary to make sure that there is no emergence of a renewed organization."
The alliance will also help Iraq establish schools and military academies and work on reforming institutions, including combating corruption," Stoltenberg said. Prime Minister Haider Abadi discussed during his meeting with NATO Secretary-General Jens Stoltenberg on the importance of cooperation with NATO to fight terrorism
The House of Representatives has asked the government a few days ago to set a timetable for the withdrawal of foreign troops from the country.
Mr. Ammar al-Hakim: Holding elections in a stable atmosphere will pave the way for a strong government
Release date: 2018/3/6 12:39 • 64 times read
(Baghdad: Al-Furat News) The head of the National Alliance, Mr. Ammar al-Hakim, said that holding the next elections in a stable atmosphere will pave the way for the formation of a strong government.
A statement to the presidency of the coalition received the agency {Euphrates News} a copy of it, Mr. Ammar al-Hakim received in his office in Baghdad, the Japanese ambassador to Iraq, Fumio Iwai, "and discussed the results of the donor conference held in Kuwait last month, and the international desire to support Iraq, Towards him ".
Ammar al-Hakim praised the "level of bilateral relations between Iraq and Japan" and called for "strengthening them in all fields."
Mr. Ammar al-Hakim also expressed his optimism for a better future for Iraq by carrying out the process of nation-building, providing services to the people and strengthening external relations regionally and internationally.
He stressed that "the holding of the upcoming elections in an atmosphere of calm, stability and competition on the basis of programs will pave the way for the formation of a new and strong government to carry out the burden of state building, as Iraqis look forward to a new stage, which requires that all political forces to the responsibility to meet the aspirations and aspirations of our people."d
Ammar al-Hakim praised the "level of bilateral relations between Iraq and Japan" and called for "strengthening them in all fields."
Mr. Ammar al-Hakim also expressed his optimism for a better future for Iraq by carrying out the process of nation-building, providing services to the people and strengthening external relations regionally and internationally.
He stressed that "the holding of the upcoming elections in an atmosphere of calm, stability and competition on the basis of programs will pave the way for the formation of a new and strong government to carry out the burden of state building, as Iraqis look forward to a new stage, which requires that all political forces to the responsibility to meet the aspirations and aspirations of our people."d
Kauaihn Iraq Articles:dd
Iranian Minister of Industry: We look forward to drawing up an economic road map with Iraq
Release Date: 2018/3/6 9:16 • 146 times read
Iran's Minister of Industry, Mines and Trade Mohammad Shariatmadari expressed his hope to draw up a road map between his country and Iraq during the upcoming visit by Iranian First Vice President Ishaq Jahangiri to Iraq.
Shariatmadari said during his meeting with the accompanying delegation, Minister of Construction and Housing Ann Nafi Osi in Baghdad, on Monday, solving the problem of banking exchange is one of the important factors in the development of economic cooperation between the two countries.
He added that with the creation of new lines of credit and procedures, there will be the possibility of resolving the banking exchange between the two countries. "
"The volume of (non-oil) trade between the two countries is now 6 billion dollars, which is not commensurate with the two countries' position and the long lines between them," he said.
Shariatmadari suggested forming a joint committee to develop economic relations between the two countries, particularly in the technical and engineering fields, which was welcomed by the Minister of Construction and Housing of Iraq.
For her part, Minister Nafie stressed the need for stability of economic cooperation between the two countries and said that it will seek to solve the debt problem in favor of Iranian companies on the Iraqi side, in response to a letter submitted by Iranian Minister Shariatmadari in this regard.
The Minister of Industry, Trade and Mines arrived in Baghdad on Monday and met with Minister of Planning and Minister of Commerce Salman Jumaili and Minister of Labor and Social Affairs and Minister of Industry and Minerals Acting Mohamed Shi'a Sudanese.
He added that with the creation of new lines of credit and procedures, there will be the possibility of resolving the banking exchange between the two countries. "
"The volume of (non-oil) trade between the two countries is now 6 billion dollars, which is not commensurate with the two countries' position and the long lines between them," he said.
Shariatmadari suggested forming a joint committee to develop economic relations between the two countries, particularly in the technical and engineering fields, which was welcomed by the Minister of Construction and Housing of Iraq.
For her part, Minister Nafie stressed the need for stability of economic cooperation between the two countries and said that it will seek to solve the debt problem in favor of Iranian companies on the Iraqi side, in response to a letter submitted by Iranian Minister Shariatmadari in this regard.
The Minister of Industry, Trade and Mines arrived in Baghdad on Monday and met with Minister of Planning and Minister of Commerce Salman Jumaili and Minister of Labor and Social Affairs and Minister of Industry and Minerals Acting Mohamed Shi'a Sudanese.
Iran, Iraq explore ways of expanding mutual trade, industrial co-op
Baghdad, March 6, IRNA
A senior Iranian official on Monday expressed hope that the upcoming visit to Iraq of Iran's First vice President Eshaq Jahangiri would serve to draw up a road map for Tehran-Baghdad economic cooperation. In a meeting with Iraqi Minister of Construction and Housing Ms. Anne Nafi Aussi, Iranian Minister of Industry, Mine and Trade Mohammad Shariatmadari said removing problems in bilateral banking ties would be effective in expanding economic cooperation between the two countries.
In order to attain economic development, it is necessary for both countries to upgrade their ties from a simple trade relations to a more complicated level of cooperation in technical, engineering, industrial and housing fields.
He also suggested that a joint committee be set up by both countries in line with promoting mutual technical and engineering cooperation which was welcomed by the Iraqi minister.
Mr. Nafi Aussi, for her part, called for measures to be taken to solidify economic cooperation between the two countries and vowed to try to remove financial problems facing Iranian companies operating on Iraqi soil (including their overdue pays).
Shariatmadari, who arrived in Baghdad Monday morning at the head of a delegation, also held talks with Iraqi Minister of Works and Planning Salman Jumaili and Minister of Industry and Minerals Mohammed Shia al-Sudani on ways of expanding mutual cooperation in various trade and industrial fields.d
In order to attain economic development, it is necessary for both countries to upgrade their ties from a simple trade relations to a more complicated level of cooperation in technical, engineering, industrial and housing fields.
He also suggested that a joint committee be set up by both countries in line with promoting mutual technical and engineering cooperation which was welcomed by the Iraqi minister.
Mr. Nafi Aussi, for her part, called for measures to be taken to solidify economic cooperation between the two countries and vowed to try to remove financial problems facing Iranian companies operating on Iraqi soil (including their overdue pays).
Shariatmadari, who arrived in Baghdad Monday morning at the head of a delegation, also held talks with Iraqi Minister of Works and Planning Salman Jumaili and Minister of Industry and Minerals Mohammed Shia al-Sudani on ways of expanding mutual cooperation in various trade and industrial fields.d
US Aircraft Carrier Arrives in Vietnam on Landmark Visit
Tuesday, March 06, 2018
A US aircraft carrier arrived in Vietnam on Monday for the first time since the end of the Vietnam War, dramatically underscoring the growing strategic ties between the former foes at a time when China’s regional influence is rising.
The grey and imposing silhouette of the USS Carl Vinson could be seen on Monday morning from the cliff tops just outside the central Vietnamese city of Danang, where the 103,000-tonne carrier and two other US ships begin a five-day visit, Reuters reported.
“The visit marks an enormously significant milestone in our bilateral relations and demonstrates US support for a strong, prosperous, and independent Vietnam,” Daniel Kritenbrink, the US ambassador to Vietnam, said in a statement.
“Through hard work, mutual respect, and by continuing to address the past while we work toward a better future, we have gone from former enemies to close partners.”
The arrival of the Vinson marks the biggest US military presence in Vietnam since 1975—but it also illustrates Hanoi’s complex and evolving relationship with Beijing over the disputed South China Sea.
Vietnamese envoys had been working for months to ease the concerns of their giant Chinese neighbor over the visit and the prospect of broader security cooperation between Hanoi and Washington, according to diplomats and others familiar with the talks.
US carriers frequently ply the South China Sea in a rising pattern of naval deployments, and are now routinely shadowed by Chinese naval vessels, naval officers in the region say.
China’s rapid construction and build-up of the land it holds in the disputed Spratly islands group has alarmed Vietnam and other regional governments as it seeks to enforce its claims to much of the disputed waterway, through which some $3 trillion in trade passes each year.
Iran Currency Market Gearing Toward Euro
March 06, 2018
The ban imposed by the Industries Ministry on import orders based on US currency seems to be a win for the European currency.
Announced last week, the ban blocks imports priced in the US dollar for Iranian traders and is in line with the recent policy of the government and the Central Bank of Iran for sidelining the dollar.
According to Reza Boostani, an economist, the measure will pave the way for the Iranian foreign exchange market to have more transactions in euro.
"The use of dollar [in trade] is no longer easily done due to international restrictions and this increases the cost of transactions," Boostani was quoted as saying by Tehran Chamber of Commerce's website.
Iraq reports EU rejection of forced return of refugees
Release date: 2018/3/6 8:55 • 255 times read
The Minister of Immigration and Displacement Jassim Mohammed Al-Jaf called on the EU countries to take into account the humanitarian aspects of dealing with the Iraqi refugees in their countries, stressing the refusal of the government and the ministry to return forcibly to Iraqi refugees.
A statement issued by the ministry said that the minister received the Swiss ambassador to Baghdad, Heinz Peter Linz, in the ministry building.
"Some countries unfortunately use arbitrary measures to forcibly return Iraqi refugees to the country and do not take into account the humanitarian aspects, motives and circumstances that forced them to leave their homeland," Jaff said. "In the end, immigration and asylum are one of the most difficult choices faced by people who have to move away from their land" .
He stressed that "such measures are rejected by the Iraqi government, their return to the country must be in accordance with legal frameworks and understanding between Iraq and other countries with the need to work to promote the voluntary return of Iraqi refugees and avoid forcing them to return
"Some countries unfortunately use arbitrary measures to forcibly return Iraqi refugees to the country and do not take into account the humanitarian aspects, motives and circumstances that forced them to leave their homeland," Jaff said. "In the end, immigration and asylum are one of the most difficult choices faced by people who have to move away from their land" .
He stressed that "such measures are rejected by the Iraqi government, their return to the country must be in accordance with legal frameworks and understanding between Iraq and other countries with the need to work to promote the voluntary return of Iraqi refugees and avoid forcing them to return
Germany votes on decision to train Iraqi army
The German cabinet plans to vote Wednesday on the text of a decision on the training of the German army of the Iraqi army, in addition to training for the Peshmerga forces.
The German ARD network, based on the text of an authorization to participate in the German anti-Da'ash organization, and is expected to be approved by the German Council of Ministers on Wednesday, that it is also planned to continue the participation of the German air force in the task of combating the urges through Tornado reconnaissance planes, And a refueling aircraft from the Blue military base in Jordan, as well as a reduction in the number of reconnaissance aircraft used in the mission.
During her last visit to Iraq in February, German Defense Minister Ursula von der Lin announced that her country's military would expand its military commitment there to the entire country and strengthen the support of the Iraqi central government in the fight against " Kurds in northern Iraq. d
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
FOR TWITTER ACCT
Just send a text message from your cell phone to:
40404 (may have to add 40404 as a contact first) Then send a message that says: Follow @FactsnOpinion1 and you will join their twitter feed and instantly get the doc. You do NOT have to join twitter to get tweets
ONLY SPACE IS AFTER FOLLOW
who are on their computers to go to:
to get to our twitter feed
CRYPTO'S / DIGITAL CURRENCY
dd
GLOBAL/NEWS/INFO
Daymond John: Here's how much college matters for success
CNBC
CNBC
"Shark Tank" investor and FUBU CEO Daymond John took another path. Read the full story
Economic Calendar: Top Things to WatchInvesting.com
Economy Mar 05, 2018 09:04 GMT The ISM survey of non-manufacturing business activity is released on Monday.Watch for clues on monetary policy when Federal Reserve Bank of New York President William Dudley speaks on Tuesday and Wednesday.The government reports on factory orders for January on Tuesday. Quarterly earnings are due out from Target (Tuesday), Costco (NASDAQ:COST) (Wednesday) and Kroger (NYSE:KR) (Thursday). Look for reports on non-farm productivity and the trade balance, as well as Read the full story
OIL/COMMODITIES/ENERGY
Oil prices climb amid supply issues in LibyaMarketWatch
Oil prices moved higher on Monday, drawing support from news of supply issues over the weekend out of Libya, while investors also took in a report from the International Energy Agency that said the U.S. will double its oil exports by 2023. Read the full story
Crude Oil Prices Higher on Hopes for New Output CutsInvesting.com
© Reuters. Crude oil bounces back ahead of Houston meeting Read the full story
Oil prices climb ahead of OPEC meeting with U.S. shale firmsReuters
Oil prices rose early on Monday ahead of a meeting between OPEC and U.S. shale firms in Houston, raising expectations that oil producers would discuss further how to clear a global oil glut. Read the full story
Global oil players flock to Houston as OPEC, U.S shale tensions ease
Reuters
Reuters
The oil industry's biggest names gather this week at CERAWeek, the largest energy industry get-together in the Americas, at a time when U.S. shale production is booming, global demand is rising and crude prices are at a sweet spot for both big U.S. producers and OPEC. Read the full story
Global gold prices gain amid concerns over trade war, Italy elections
Livemint
Livemint
Gold prices rose on Monday as investors opted for the safe-haven asset amid fears of a global trade war and uncertainty surrounding the outcome of elections in Italy, which could spell new concerns for the euro zone. Read the full story
Gold Prices Remain Supported in Risk-Off Trade
Investing.com
Investing.com
© Reuters. Gold continues to benefit from rise in safe-haven demand Read the full story
BANKS/BANKING/CREDIT
Victory in sight for Democrats defying Warren on bank bill
POLITICO
POLITICO
For the bill’s supporters, the legislation is a chance to show voters that it’s still possible to get things done in an often paralyzed Congress. Read the full story
10 years after financial crisis, Senate prepares to roll back banking rulesThe Washington Post
A dozen Democrats stand ready to support the GOP in weakening one of President Barack Obama’s largest legislative achievements. Read the full story
The Fed is now entering the most difficult phase of monetary policy
CNBC
CNBC
The U.S. Federal Reserve’s task is complicated by unfolding fiscal and trade policies. Will it err on the side of caution to preserve price stability? Read the full story
As Western banks leave, China adds Brunei to new silk roadReuters
On a tiny island off Brunei's northern tip on the South China Sea, thousands of Chinese workers are building a refinery and petrochemical complex, along with a bridge connecting it to the capital, Bandar Seri Begawan. Read the full story
Foreign banks’ extra leeway in China will benefit consumers, says HSBC’s regional boss
South China Morning Post
South China Morning Post
Further market liberalisation will lead to better products and services for customers by increasing competition, says HSBC Asia Pacific CEO Read the full story
Consolidation ahead for private banking in Asia, says asset manager run by Liechtenstein royalty
South China Morning Post
South China Morning Post
Number of ‘sizeable’ private banks to come down, says Prince Max von und zu Liechtenstein, CEO of LGT Group Read the full story
Standard Chartered to plough more cash into digital banking, says Hong Kong chief
South China Morning Post
South China Morning Post
The lender spent US$400 million last year on developing fintech services – and there’s more to come, says Hong Kong CEO Mary Huen Wai-yi Read the full story
Why Hong Kong’s banks are targeting growth again after years of cost-cutting
South China Morning Post
South China Morning Post
Rising interest rates and potential cost savings from technology offer opportunities for increased revenues Read the full story
Square Subscribes to Success
The Motley Fool
The Motley Fool
Square's culture of innovation is responsible for a slew of new services and products that are being introduced to customers. Read the full story
PNB fraud: strong action, communication needed
Livemint
Livemint
The Punjab National Bank (PNB) fraud has left everyone shocked. How could a few lower level officers manage to defraud the bank of such large amounts? Had all kinds of internal controls failed? Could it have happened without the knowledge of the higher levels of authority? There are many unanswered questions, although the extent of reporting and discussion in the media is massive. Read the full story
HDFC Bank seeks to raise $2.5 billion via share saleLivemint
Mumbai: Private sector lender HDFC Bank Ltd is looking to launch its equity share sale of up to $2.5 billion (around Rs15,000 crore) in a fortnight, while HDFC Asset Management Co. Ltd (HDFC AMC) will be filing its draft initial public offer (IPO) papers, said three people aware of the developments. Read the full story
TREASURIES/BONDS/STOCKS
Top 5 Things to Know in the Market on Monday
Investing.com
Investing.com
© Reuters. Top 5 things to know today in financial markets Read the full story
Fire and fury of a global trade war could tip markets into major meltdownSouth China Morning Post
Monetary super-stimulus saved the global economy’s bacon over the last decade, but now the outside threat of an all-out global trade battle shunts markets onto full-blown red alert Read the full story
Fed Chair Jerome Powell has a toxic markets touch, and his job won’t be getting any easier
CNBC
CNBC
On the day Jerome Powell became Fed Chair the Dow tanked. Powell spoke twice this week: stocks tanked twice. Is Powell toxic, or just in a tough job? Read the full story
INSURANCE/HEALTH
Monkeys Tripping Out On Ayahuasca May Have Stumbled Upon An Effective Treatment For Depression
UPROXX
UPROXX
Monkeys tripping out on Ayahuasca may have stumbled upon an effective treatment for depression. Read the full story
Monsanto's Roundup to face cancer claims in unusual court case
CBS News
CBS News
A federal judge could decide the fate of more than 300 lawsuits filed against Monsanto by cancer victims Read the full story
The killer disease with no vaccine
BBC News US
BBC News US
Since the beginning of the year, Nigeria has been gripped by an outbreak of the deadly Lassa fever. Read the full story
The Best and Worst Foods for SleepMyFitnessPal
Eating and sleeping are basic human needs that go hand in hand in many ways. It’s no surprise that what you eat before going to bed affects the quality of your sleep. Read the full story
If The Flu Lasts Longer Than This, You Need To See A Doctor
Bustle
Bustle
Since 2018 has started, there have been plenty of things to worry about (America's political climate comes to mind), but one thing people can't stop stressing over is the flu. By now, you likely already know that the U.S. is experiencing the worst fl… Read the full story
Researchers Are Developing a New Cancer Vaccine Using Virus-Like Particles
Futurism
Futurism
More and more researchers are seeking to develop a cancer vaccine that triggers an immune response against tumor cells. Researchers from Michigan State University want to do this using a virus-like particle to help fight cancer in animals. Read the full story
Gene therapy was a boy’s last chance to stop leukemia. And it worked.PBS NewsHour
At least 50 children are in remission because of a breakthrough treatment that engineers the body’s own immune system to fight cancer. Read the full story
Bitcoin price - latest updates: Cryptocurrency continues gradual climb in value after lull
The Independent
The Independent
The value of bitcoin skyrocketed in 2017, and its rapid rise generated huge amounts of interest in it and other types of cryptocurrency. Read the full story
Opinion | Beware Fintech Firms Bearing Bitcoin
Bloomberg
Bloomberg
Fintech startups have long had trouble turning feel-good rhetoric into profitable growth. Competition is intense, consumers tend to want things for free, and dinosaur banks are far from extinct. To make matters worse, finance just isn't as addictive as messaging or catching up with friends. That counts in an era where billions are made through monetizing attention. Enter, Bitcoin. Back in 2016, the cryptocurrency was on nobody's strategy white-board, but it turns out all that was needed was a 15 Read the full story
Iceland's 'Big Bitcoin Heist' Leads to 11 Arrests
FORTUNE
FORTUNE
Eleven people, including a security guard, were arrested in Iceland in connection with the theft of almost $2 million worth of cryptocurrency-mining equipment from local data centers. Icelandic media are referring to the theft as the “Big Bitcoin Heist.” It’s not so much about the theft of Bitcoins themselves, though, but rather that of the equipment used to earn them. Cryptocurrencies such as Bitcoin are “mined” by very powerful computers that race one another to make the calculations needed to Read the full story
The Crypto Conundrum - Cryptocurrencies Introduction
Wccftech
Wccftech
Cryptocurrencies. It seems that they’re everywhere these days, whether you’re looking at the grandfather of them in Bitcoin (BTC, 2009), Ethereum (commonly referred to as Bitcoin Mk.2) or company based crypto coins such as Ripple, and Kodak, Initial Coin Offerings (ICOs) are all the rage and we’re here to dive deep into the mess with you. Over the next couple of months, we’ll be releasing a series of articles (one per week) looking at cryptocurrencies, including the following topics: Underlying Read the full story
Crypto update: Bitcoin (BTC), Ripple (XRP) and Litecoin (LTC) push higher7News
The Bitcoin (BTC), Ripple (XRP) and Litecoin (LTC) prices performed well over the weekend. Here's what you need to know... Read the full story
Here is the CFTC Memo that Says it is OK for Staff to Own Bitcoin & Other Cryptocurrency - but be Careful | Crowdfund Insider
Crowdfund Insider
Crowdfund Insider
Last month, the Commodity Futures Trading Commission (CFTC) posted a memo to all staff providing guidance regarding holding and transactions using cryptocurrencies, including Bitcoin. In brief, the memo from Daniel Davis, General Counsel of the CFTC, said it was ok to invest in crypto –... Read More The post Here is the CFTC Memo that Says it is OK for Staff to Own Bitcoin & Other Cryptocurrency – but be Careful appeared first on Crowdfund Insider. Read the full story
Bitcoin enthusiasts take innovative approach, steal 600 computersMashable
The computers are used to mine cryptocurrency, and are worth around $2 million. Read the full story
CURRENCIES
Forex - Dollar Holds Steady as Markets Digest U.S. Tariff Threat
Investing.com
Investing.com
Dollar little changed vs. rivals in cautious trade Read the full story
Forex - Dollar Stays Low As Trade War Fears Loom
Investing.com
Investing.com
© Reuters. The dollar opened in Asia morning at a low level Read the full story
Dollar slips on trade war fears, euro bounces after Italian exit pollsBusiness Insider
FILE PHOTO: A man walks past an electronic stock quotation board outside a brokerage in Tokyo Thomson Reuters By Swati Pandey SYDNEY (Reuters) - The dollar stayed on a slippery slope on Monday amid fears of a global trade war, while the euro dipped briefly but rebounded quickly after results of exit polls for Italy's elections pointed to a hung parliament. A center-right coalition is set to win the most seats in Italy's parliament ahead of the anti-establishment 5-Star Movement, according to the Read the full story
Dollar slips on trade war fears, euro bounces after Italian exit polls
Business Insider
Business Insider
FILE PHOTO: A man walks past an electronic stock quotation board outside a brokerage in Tokyo Thomson Reuters By Swati Pandey SYDNEY (Reuters) - The dollar stayed on a slippery slope on Monday amid fears of a global trade war, while the euro dipped briefly but rebounded quickly after results of exit polls for Italy's elections pointed to a hung parliament. A center-right coalition is set to win the most seats in Italy's parliament ahead of the anti-establishment 5-Star Movement, according to the Read the full story
Pound to euro exchange rate: Italian election results causes Sterling uncertainty
Express
Express
THE POUND to euro exchange rate has fallen over the weekend following the uncertain results after the Italian election. The pound to euro exchange rate currently stands at 1.1214 according to the latest Bloomberg figures this morning . This is a continuation of last week's fall and is considerably less than Friday’s rate of 1.123. Read the full story
Forex - Euro Lower after Italy Election, Dollar Remains on Defensive
Investing.com
Investing.com
© Reuters. Euro lower after Italy election, dollar remains on defensive Read the full story
Euro slides after populist parties’ show of strength in Italian election
MarketWatch
The euro moved sharply lower on Monday after initial projections from Italy’s general election showed euroskeptic parties did surprisingly well and indicated none of the main stream parties will be able to form a government. Read the full story
Rupee opens higher against US dollarLivemint
Mumbai: The Indian rupee on Monday strengthened against the US dollar, tracking gains in its Asian peers. Read the full story
Hong Kong’s dollar weakens to three-decade low, testing city’s resolve to defend currency peg
South China Morning Post
South China Morning Post
The widest gap between local borrowing cost and US interest rate is drawing traders into the carry trade, where they sell Hong Kong dollars for the greenback, putting more pressure on the exchange rate Read the full story
USA/CANADA
Wilbur Ross to Maria Bartiromo: Impact Of Steel/Aluminum Tariff Will Be "Trivial" For Consumers | Video | RealClearPolitics
Mueller's leaked 'hit list' may indicate he's treating Trump's team like a 'criminal enterprise'
Business Insider
Business Insider
Donald Trump. A Grand Jury subpoena from special counsel Robert Mueller's team reportedly targets the majority of Donald Trump's senior campaign team, including the president. Axios, a news website, reported that Mueller will subpoena all communications since November 1, 2015, from nine leaders of Trump's campaign. A former CIA agent said the subpoena indicates Mueller is treating Trump's team like a "criminal enterprise." A Grand Jury subpoena from special counsel Robert Mueller's team Read the full story
Opinion | Would Trump Rejoin the TPP? Let’s Hope SoBloomberg
During the 2016 presidential primaries, I found myself in a San Francisco park talking to guy who – apart from selling marijuana -- was eager to convince people not to support the Trans-Pacific Partnership, a proposed trade agreement among the U.S. and other mostly advanced economies. For all his sincerity -- his backpack was adorned with anti-TPP and Bernie Sanders pins -- his rationale was vague, driven by a suspicion of large corporations and a general sense that trade deals gave them unfair Read the full story
Did Trade Tariffs Cause the Great Depression?FORTUNE
Donald Trump stunned the world last Thursday with his reportedly impulsive announcement of steep U.S. tariffs on steel and aluminum. Stock markets responded by dropping sharply around the world — and that was before Trump doubled down by threatening to impose tariffs on European cars. Both stock markets and economists tend to loathe tariffs, which hamper the basic efficiency of the market, rarely accomplishing more than saving a few jobs in exchange for higher prices across the entire economy. Read the full story
US may face retaliation at WTO over steel tariffLivemint
Geneva: As US President Donald Trump intends to intensify “trade wars” on steel and aluminum because they are “easy to win”, several members- Canada, the European Union, China, and South Korea among others- are considering a retaliatory action against Washington on several fronts, according to people familiar with the development. Read the full story
White House Says No Countries Are Exempt From Steel and Aluminum Tariffs
TIME
TIME
White House: "At this point in time there's no country exclusions" Read the full story
EMERGING MARKETS
Illegal immigrant from Mexico pleads guilty to using fake identity to steal $361,000 in government benefits
Fox News
Fox News
A Mexican national has confessed to stealing the identity of an American citizen, and over the course of 37 years pocketing hundreds of thousands of dollars in government benefits. Read the full story
Canada, Mexico should be exempt: BradySBS News
Canada and Mexico should be exempt from the tariffs of steel and aluminium announced by US President Donald Trump, a top Republican legislator says. Read the full story
Harvard panel will explore Puerto Rico's hurricane recoveryMy San Antonio
BOSTON (AP) — Experts on disaster relief are scheduled to speak at Harvard University about Puerto Rico's recovery process after Hurricane Maria. Organizers say the Friday event will explore the Caribbean island's outlook for long-term recovery in areas ranging from power restoration to health care coordination after last year's devastating storm. Read the full story
Corps SMEs improve method for tracking micro-grids in Puerto RicoDVIDS
A team of geographic information systems experts deployed with the U.S. Army Corps of Engineers in support of Hurricane Maria in Puerto Rico developed a technological method for the safe and effective installation and de-installation of temporary power micro-grids used throughout Puerto Rico. Read the full story
Drones are helping restore power to Puerto Rico
Digital Trends
Digital Trends
In Puerto Rico, drones are being used to help repair the island's damaged power grid in the aftermath of Hurricane Maria which left thousands without power. Read the full story
MIDDLE EAST
Saudi Arabia and Egypt agree to a $10 billion deal to build a new mega-cityCNBC
Saudi Arabia and Egypt have agreed to create a $10 billion joint fund to develop a mega-city in Egypt's southern Sinai Peninsula. Read the full story
Kuwait Stock Exchange preparing for IPO in Q1 2019 - Gulf Business
Gulf Business
Gulf Business
The Kuwaiti bourse has a market capitalisation of about $90bn The post Kuwait Stock Exchange preparing for IPO in Q1 2019 appeared first on Gulf Business. Read the full story
Netanyahu tries to leave graft charges behind on Trump visit
My San Antonio
My San Antonio
Israeli Prime Minister Benjamin Netanyahu's visit to the Trump White House on Monday will give him an opportunity to divert attention from a widening corruption probe to a stage where he can showcase achievements. Read the full story
Trump, Netanyahu to meet amid growing uncertainty on Mideast peace deal
Fox News
Fox News
President Trump will meet Monday in Washington with Israeli Prime Minister Benjamin Netanyahu with hopes of soon reaching a long-sought Mideast peace agreement, as both world leaders try to make international progress amid the strains of domestic investigations into each of their governments. Read the full story
Netanyahu begins visit to U.S., putting aside personal and political troubles at home
Los Angeles Times
Los Angeles Times
Israeli Prime Minister Benjamin Netanyahu and his wife, Sara, landed in Washington on Sunday in the midst of a convergence of crises at home with Read the full story
Netanyahu is fighting for his political survival. Here's what else Trump needs to know this week
CNN
CNN
Samantha Vinograd provides her Presidential Weekly Briefing, highlighting the themes and issues President Trump must be informed on to make decisions. Read the full story
CBE sells EGP 17.5bn in T-bills on Sunday
Mubasher
Mubasher
Cairo – Mubasher: The Central Bank of Egypt (CBE) stated on Sunday that the returns on 91-day and 273-day bills have reached EGP 17.5 billion. The average return on 91-day treasury bills registered 17.98% and was oversubscribed by 2.5 times, with … Read the full story
AFRICA
Kenya: Counties Reduce Salaries, Allowances
AllAfrica
AllAfrica
Counties gobbled up Sh1 billion on trips while MCAs pocketed Sh152 million in sitting allowances, a quarterly report by the Controller of Budget shows. The Salaries and Remuneration Commission's plan to check the ballooning public wage bill appears to have borne fruit, with the report revealing a reduction in allowances and salaries paid to elected leaders. The report also shows how devolved governments irregularly exceeded the expenditure ceilings on sitting allowances for Members of the County Read the full story
South Africa: Land Is Coming and It Needs Educated Farmers - MalemaAllAfrica
EFF leader Julius Malema on Sunday encouraged people to study farming because "the land is coming". "We are not going to disrupt faming. We are going to inherit farming and continue to farm. We want agricultural colleges open. Because the land is coming and it is going to need educated farmers," he said as supporters cheered at the Standard Bank arena in Johannesburg where the party launched its voter registration campaign. He said when laws were passed and land was taken under apartheid, Read the full story
Mozambique: Cooperation With Equatorial Guinea in Hydrocarbons
AllAfrica
AllAfrica
Maputo Mozambique and Equatorial Guinea have agreed to cooperate in hydrocarbon training , exploration and operations, an area in which the west African state has a great deal of experience. To this end, the Mozambican Minister of Mineral Resources and Energy, Max Tonela, on Friday signed a memorandum of understanding in Maputo with Equatoguinean Minister of Mines and Hydrocarbons, Gabriel Obiang Lima. The document also establishes cooperation in mechanisms for certification and control of the Read the full story
Zimbabwe: Violence Rocks Opposition
AllAfrica
AllAfrica
At least 15 people were reportedly injured Sunday in violent skirmishes between rival MDC-T actions in Bulawayo. According to suspended MDC-T spokesperson Obert Gutu, a group of youths descended on a meeting of party's structures addressed by vice president Thokozani Khupe. "It's chaotic and disturbing. Many people have been seriously injured," said Gutu. "At least 15 of them. Some hooligans stormed a meeting of the structures that was being addressed by Hon Khupe and other senior leaders before Read the full story
ASIA
Eight countries face 'quite high' debt risk because of China's massive Belt and Road plan
CNBC
CNBC
China's Belt and Road infrastructure plan increases debt risks for eight countries, a new study has found. Read the full story
Caterpillar drives sales on China's new Silk Road
Reuters
Reuters
At a Caterpillar facility in the eastern Chinese city of Nantong, an array of excavators, earth movers and road-making machinery is displayed on slopes and in mud pits. Read the full story
North Korea may have made as much as $200 million from Bitcoin, according to expert
The Telegraph
The Telegraph
North Korea may have raked in more than $200 million in digital cryptocurrency transactions last year, diluting the impact of stiff international sanctions over its nuclear and missiles programme. Read the full story
Kim Jong Un meeting South Korean officials in Pyongyang, Seoul says
CNN
CNN
North Korea's leader Kim Jong Un is meeting with a high-ranking South Korean delegation in Pyongyang Monday, according to a South Korean government official. Read the full story
China keeps economic growth target of around 6.5 percent this year
Business Insider
Business Insider
Labourers walk outside a construction site in Beijing's central business area Thomson Reuters BEIJING (Reuters) - China aims to expand its economy by around 6.5 percent this year, the same as in 2017, Premier Li Keqiang said in remarks prepared for delivery at the opening of the annual meeting of parliament on Monday. The goal was kept unchanged even though the economy grew 6.9 percent last year, exceeding the government's target. Sources previously told Reuters that China will maintain its Read the full story
As winter curbs end, China's aluminum smelters face new reckoningReuters
Some Chinese aluminum producers that shut smelters during a winter crackdown on pollution may not reopen this spring once output curbs are lifted, as planned new capacity by state-run companies threatens to overwhelm demand and cut into profits. Read the full story
Asian shares off to a soft start while the euro gives up its gains after Italy's election
CNBC
CNBC
Asian markets edged lower and the euro slipped early on Monday. Read the full story
EUROPE
EU schemes to sell visas risk undermining free movement area: watchdogs
Reuters
Reuters
Programs run by some European Union countries to sell visas and citizenship to wealthy individuals could undermine the bloc's free-movement area as they are vulnerable to abuse and graft, two anti-corruption watchdogs said on Monday. Read the full story
Angela Merkel’s Real Work Is Starting Now in Her Fourth TermBloomberg
German Chancellor Angela Merkel has her work cut out now that she’s on track to start her fourth term. President Donald Trump’s threat of tariffs on European cars, China’s global investment push and Emmanuel Macron’s calls for a closer-knit euro area all demand a German response following more than five months of political stalemate in Europe’s biggest economy. Merkel, 63, is expected to be sworn in by mid-March after the Social Democrats voted to stay in her government. “Europe can’t move Read the full story
EU details its taxes on tech companies' revenueEngadget
The European Union has vowed to counter tech companies' tax maneuvers by targeting their revenue, and it's now clearer just what that will involve. In an interview with Le Journal du Dimanche, French Finance Minister Bruno Le Maire said the EU would unveil plans to tax tech firms' revenue at a rate between "2 percent and 6 percent," most likely skewing closer to 2 percent. That may not seem like much, but Le Maire portrayed it as a "starting point." It's better to get a policy you can implement Read the full story
Italian election 2018: Marine Le Pen TAUNTS EU and celebrates ‘TERRIBLE evening’ for bloc
Express
Express
MARINE Le Pen has taken to Twitter to taunt the EU ahead of the what she says will be a “terrible evening” for the crumbling Brussels bloc as eurosceptic parties surge in the 2018 Italian election polls. Her words have come as the latest exit polls show that the eurosceptic Five Star Movement is now the single largest party in the election. The anti–EU former French presidential candidate tweeted: “The European Union is going to have a terrible evening... #Italie #Elezioni2018.” Read the full story
Italy Populists Break Establishment Grip, Quest for Power OpensBloomberg
Italy’s anti-establishment groups surged in Sunday’s election as voters punished the mainstream parties for years of economic decline, rising taxes and a wave of immigration, casting doubt on the country’s future political direction. Projections based on ballot-counting on Monday morningsuggested the two forces with the most gains, the euroskeptic Five Star Movement and the anti-migrant League, could reach a majority in at least one of the houses of the Rome-based parliament should they join Read the full story
ECB chief Draghi tells wife to 'shut up' as she dismisses chances of him being Italy PMExpress
EUROPEAN Central Bank President Mario Draghi was filmed telling his wife to “shut up” after she told journalists he would not join any government as “he is not a politician”. Mr Draghi and his wife Serena casted their ballots at around 9 amlocal time in Rome. Read the full story
Blessed and Highly Favored:
CBI Update:
The CBI for Tuesday 3/6/18 did update on the indicative rates Sell Rate 1184
The currency auction is 181,121,050
There are 2 news and announcements for Tuesday 3/6/18
1. A training course entitled "Counterfeiting and Counterfeiting of Local and Foreign Currency and its Conformities in Real Currency" for the period 20-2018/3/22
To / governmental and private banks and authorized financial transfer companies all (training course).
March 06, 2018
To / governmental and private banks and authorized financial transfer companies all (training course).
March 06, 2018
2. Central Bank organizes a workshop in Maysan province
The Central Bank of Iraq organized a workshop aimed at introducing the project to settle salaries of state employees.
March 06, 2018
The Central Bank of Iraq organized a workshop aimed at introducing the project to settle salaries of state employees.
March 06, 2018
The Central Bank of Iraq organized a workshop aimed at introducing the project to settle the salaries of state employees, in the office of the province of Maysan participated in the workshop a number of Iraqi banks participating in the project to settle salaries.
The workshop included a detailed explanation of the project by the Department of Payments in this bank in addition to the offers made by banks to the staff of the Office of the province and officials of spending units in a number of government departments in the province of the nature of services provided during the period of resettlement.
The workshop included a detailed explanation of the project by the Department of Payments in this bank in addition to the offers made by banks to the staff of the Office of the province and officials of spending units in a number of government departments in the province of the nature of services provided during the period of resettlement.
ISX Update:
Value Traded
1,230,020,416
Shares Traded
1,813,587,282
ISX ended in Green
3-6-2018 Newshound Guru Aggiedad77 Article: "A blatant violation of Iraqi sovereignty .. America is taking over the political decision in the country" Quote: "...Washington moved an American force to protect the upcoming elections, and is planned to spread those forces in Nineveh, Arbil, Anbar, Diyala and Salahuddin, especially in the disputed areas." THIS IS HUGE NEWS... CONFIRMATION OF GOOD THINGS TO COME IMO...THIS WILL ASSURE..."WE WON" IMO...HAPPY DAYS...THE BEST IS ON ITS WAY...IMO...
3-5-2018 Newshound Guru chattels When "Kap" [Guru Kaperoni] says that we are close he is referring to the 2% variance or spread between the official rate and the "street" rate / parallel market rate. [reference Guru Kaperoni post 3-5-2018]
3-5-2018 Newshound Guru Walkingstick Article: "The Council ended the vote on the draft law of the Iraqi National Oil Company..." Quote: "The
3-5-2018 Newshound Guru Kaperoni Article: "Dollar exchange rate and the price of gold in Iraq on Monday" Quote: "According to the figures in the "Economy News" sell the dollar in Baghdad, recorded today 121 thousand and 500 dinars and the purchase price of 122 thousand dinars for $ percent, while yesterday scored 122 thousand 250 dinars and the purchase price of 123 thousand and 500 dinars for $ percent." 1215 to $1 were close! [reference Kaperoni post 3-5-2018]
3-5-2018 Newshound/Intel Guru Mnt Goat I have told everyone I know that the agreements and final paperwork has been all completed for the REINSTATMENT of the Iraq dinar. This happened over 4 weeks ago. So now we watch and wait for the CBI to make the next move. ...We know they must educate the people and restart this process to “delete the zeros” and complete it, culminating in a significant increase in the value of the dinar. This re-education process should generate a sudden fast and flurry of news articles in the media in Iraq that we can “piggy-back” off of to learn that they are moving forward again. Don’t expect any grand announcement or anything like that. This process will be sudden and over before you are fully aware of it. We must also consider the IMF and the new 2018-2022 5-Year SBA (Stand-By-Agreement) with Iraq. ...We know we have been told that 2018 is the year to complete currency reform. [post 3 of 3]
3-5-2018 Newshound/Intel Guru Mnt Goat ...MCP (multiple currency practices), rate of inflation and real GDP growth. So where do we now stand in the reinstatement process? The IMF has told us through their analysis of Iraq that the rate of inflation is 2% and is acceptable level. Also that GDP growth is at 2.9% which is also acceptable. That leaves the MCP as their last main concern. I am hearing from the CBI that they are now bringing the MCP within manageable ranges required by the CBI. So what will the IMF do? I suspect they may go ahead with allowing Iraq to move into Article 8 and thus trade their currency. There are all indications this will be the case after the 90 day period is over. This timeframe is literally just weeks away. Or they may also make them wait a little while longer since they did not have a full 90 days of control over the MCP yet. We just don’t know for sure. [post 2 of 3....stay tuned]
3-5-2018 Newshound/Intel Guru Mnt Goat Once PM Ababi took over in September of 2014, we have seen a notable change in attitude and the necessity for completing currency reform. However, due to the war with ISIS this project was once again shelved for a later date. The current CBI governor, Ali al-Allaq, fully supports the reinstatement of the currency. We have seen his last attempt as he planned for early 2016 when we read so many articles from the CBI in late 2015 that this was about to happen. However once again it could not be done. So Allaq finally threw up his hands and realized he needed some significant help. This brings us to finally having the CBI once again working closely with the IMF on this subject matter. ...we know that by reading the Stand-By-Agreement between the IMF and Iraq there are three main factors concerning the reinstatement of the currency in the past... [post 1 of 3....stay tuned]
3-5-2018 Newshound Guru G-Lin Articles: "Parliament votes on a clause that the headquarters of the National Oil Company in Baghdad" "The Ministry of Oil welcomes the vote on the law of the National Oil Company in the session of the House of Representatives today" Quote: "Al-Luaibi said that the adoption of the law will constitute a new era for the oil industry, based on scientific methods, modern technology and the national management of the country's wealth. In order to support and develop the national economy." This is our HCL IMO.
3-5-2018 Newshound Guru Kaperoni Article: "Dollar exchange rate and the price of gold in Iraq on Monday" Quote: "According to the figures in the "Economy News" sell the dollar in Baghdad, recorded today 121 thousand and 500 dinars and the purchase price of 122 thousand dinars for $ percent, while yesterday scored 122 thousand 250 dinars and the purchase price of 123 thousand and 500 dinars for $ percent." 1215 to $1 were close! [reference Kaperoni post 3-5-2018]
3-5-2018 Newshound/Intel Guru Mnt Goat I have told everyone I know that the agreements and final paperwork has been all completed for the REINSTATMENT of the Iraq dinar. This happened over 4 weeks ago. So now we watch and wait for the CBI to make the next move. ...We know they must educate the people and restart this process to “delete the zeros” and complete it, culminating in a significant increase in the value of the dinar. This re-education process should generate a sudden fast and flurry of news articles in the media in Iraq that we can “piggy-back” off of to learn that they are moving forward again. Don’t expect any grand announcement or anything like that. This process will be sudden and over before you are fully aware of it. We must also consider the IMF and the new 2018-2022 5-Year SBA (Stand-By-Agreement) with Iraq. ...We know we have been told that 2018 is the year to complete currency reform. [post 3 of 3]
3-5-2018 Newshound/Intel Guru Mnt Goat ...MCP (multiple currency practices), rate of inflation and real GDP growth. So where do we now stand in the reinstatement process? The IMF has told us through their analysis of Iraq that the rate of inflation is 2% and is acceptable level. Also that GDP growth is at 2.9% which is also acceptable. That leaves the MCP as their last main concern. I am hearing from the CBI that they are now bringing the MCP within manageable ranges required by the CBI. So what will the IMF do? I suspect they may go ahead with allowing Iraq to move into Article 8 and thus trade their currency. There are all indications this will be the case after the 90 day period is over. This timeframe is literally just weeks away. Or they may also make them wait a little while longer since they did not have a full 90 days of control over the MCP yet. We just don’t know for sure. [post 2 of 3....stay tuned]
3-5-2018 Newshound/Intel Guru Mnt Goat Once PM Ababi took over in September of 2014, we have seen a notable change in attitude and the necessity for completing currency reform. However, due to the war with ISIS this project was once again shelved for a later date. The current CBI governor, Ali al-Allaq, fully supports the reinstatement of the currency. We have seen his last attempt as he planned for early 2016 when we read so many articles from the CBI in late 2015 that this was about to happen. However once again it could not be done. So Allaq finally threw up his hands and realized he needed some significant help. This brings us to finally having the CBI once again working closely with the IMF on this subject matter. ...we know that by reading the Stand-By-Agreement between the IMF and Iraq there are three main factors concerning the reinstatement of the currency in the past... [post 1 of 3....stay tuned]
3-5-2018 Newshound Guru G-Lin Articles: "Parliament votes on a clause that the headquarters of the National Oil Company in Baghdad" "The Ministry of Oil welcomes the vote on the law of the National Oil Company in the session of the House of Representatives today" Quote: "Al-Luaibi said that the adoption of the law will constitute a new era for the oil industry, based on scientific methods, modern technology and the national management of the country's wealth. In order to support and develop the national economy." This is our HCL IMO.
3-5-2018 Intel Guru Frank26 Article: "Iraq decides to facilitate the granting of [Visa] to investor" Quote: "The Ministerial Council on National Security headed by Haidar al-Abadi, the Prime Minister, decided to take a package of measures to facilitate granting visas to investors and businessmen wishing to invest in Iraq." ...IT IS HELL TO GET A VISA FOR THE INVESTORS TO COME IN SAFELY...BS WITH BOTH SIDES OF EMBASSY'S...[GURU] DELTA SEES A GO WITH VISA NOW GOING IN TOO...THIS IS ALSO A'S DOING.
d
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
***************
ARTICLE 1-A (from PM Abadi's website
Prime Minister Dr. Haider Abadi directs ministries and service departments to meet the demands of Husseiniya immediately
March 6, 2018
Prime Minister Dr. Haider Al-Abbadi addressed the ministries and service departments to follow up the demands of the people of Husseiniya and meet them immediately according to the available possibilities
and sent his Excellency to send a representative to see the reality of services in the region.
He stressed that the implementation of citizens' legitimate demands are the duty and duty of the government, calling on the people there to abide by the standards of peaceful demonstration and help ministries and service departments in the implementation of their duties.
Head Office
Ministers
6 - March - 2018
(Note: The people of the province of Husseiniya and Bob Sham staged a sit-in on Monday and cut off the road hours between the capital and the northern provinces to protest the poor service situation.)
***************
ARTICLE 1-B (from PM Abadi's website
Prime Minister Dr. Haider Al-Abbadi receives a telephone call from the King of Saudi Arabia, King Salman bin Abdul Aziz
March 5, 2018
Prime Minister Haidar al-Abadi received on Monday a phone call from the King of Saudi Arabia, King Salman bin Abdul Aziz.
During the meeting, they discussed enhancing cooperation between the two countries and congratulating the success of the friendly match between the two countries' teams.
King Salman stressed the importance of strengthening relations and brotherhood between the two countries and supporting the Kingdom's efforts to rebuild Iraq and its unity.
The King of Saudi Arabia expressed his pleasure at the success of the friendly match between the two teams, noting that it is an occasion to give a stadium to Iraq and renew cooperation and work between the two countries. In turn, Dr. Haider Abadi thanked the generous initiative, stressing the work with the Kingdom to promote cooperation between the two countries. Witnessed a great public interaction, a healthy and positive state.
He pointed to the importance of the Iraqi-Saudi Coordination Council for its encouragement to the private sector and investment.
Head Office
Ministers
5 - March - 2018
***************
ARTICLE 1-C (from PM Abadi's website
Prime Minister Dr. Haider al-Abadi receives NATO Secretary General Jens Stoltenberg
March 5, 2018
Prime Minister Dr. Haider Al-Abbadi received in his office Monday the Secretary-General of the North Atlantic Treaty Organization (NATO), Mr. Jens Stoltenberg and his accompanying delegation.
Dr. Haider al-Abadi welcomed the guest delegation, stressing the importance of cooperation with NATO to fight terrorism.
He added that what we achieved from the victory of a large and real gangs should be maintained and eliminate the ideological presence of terrorism and continue to pursue, indicating that cooperation between Iraq and NATO is important in this area.
Mr. Stoltenberg said that the meeting with Dr. Haider Abadi was very fruitful, adding: "We are proud of the Iraqi victory over the Daash, a victory for the whole world.
Mr. Stoltenberg said that we are training the Iraqi forces and continue to support Iraq, support and cooperate with him in training, building military academies and providing expertise. He said that Iraq was on the front lines to fight terrorism and that we are very impressed with his victories and thank the Iraqis for their sacrifices in fighting terrorism.
Head Office
Ministers
5 - March - 2018
*************
ARTICLE 2
The @IraqiGovt
and @NATO
partnership protects shared interests and supports Iraq's armed forces and
security institutions to develop their capacityTweet posted on Government
of Iraq twitter account:
The Iraq-NATO partnership focuses on
-Capacity building of Iraq's security and defense institutions
-Advice on security sector reform
-Civil emergency planning
-Assistance in countering IED's explosive ordinance
-Cyber Defense
*************
ARTICLE 3
Iraq and Saudi Arabia to sign 12 memorandums of understanding soon
2018/3/6 12:21
[Ayna-Baghdad]
The Iraqi-Saudi Ministerial Coordination Council held a meeting in the General Secretariat of the Council of Ministers to discuss the latest measures on cooperation in various economic, investment, cultural and other sectors.
"The agreement with the Red Crescent on the $ 20 million grant from Saudi Arabia to the relief organizations, with the aim of supervising its distribution among local relief organizations," the Secretary-General of the Council of Ministers Mehdi Al-Alak said in a statement to the secretariat.
"The meeting witnessed a review of the ministerial committees on recent developments in the coordination process in the fields of trade, economy, agriculture, water resources, health, culture, transport, youth, sports and education," the statement said.
"There are 16 memorandums of understanding on which the Iraqi government is working with the Saudi side, and four of them have been signed by the two sides so far," al-Aalak said. "Other memoranda will be completed within a short time."
The Minister of Planning and Chairman of the Coordination Council Salman Jumaili pointed to the need to coordinate the official visits of the ministerial committees through the Secretariat of the Council in the Secretariat General of the Council of Ministers.
The Prime Minister of Haider Abadi visited Saudi Arabia at the invitation of King Salman on October 22 last and signed in Riyadh officially the establishment of the Coordination Council between the two countries.
Relations between the two countries have witnessed steady development in various political, economic, sporting and other fields.
*************
ARTICLE 4
Iranian minister: Jahangiri's visit to Baghdad will strengthen Iranian-Iraqi relations
2018/3/5 19:22
[Baghdad: where]
The Iranian Minister of Industry, Mines and Trade Mohammad Shariatmadari stressed on the importance of the visit by the First Vice President of Iran, Ishaq Jahangiri, to Iraq next Wednesday. He said that it will be a starting point from simple economic and trade relations between the two countries to greater economic relations.
"The visit of Jahangiri will be positively reflected on the field of joint investment between Iraq and Iran, as well as the special cooperation relations on the delivery of technical and engineering services, as well as participation in the reconstruction of Iraq after the victory of the Iraqi people to organize the calling of the terrorist," Shariatmadari said in a press conference in Baghdad. That "the meetings of the Iranian delegation will be with all the Iraqi stakeholders in all areas of political, economic and cultural."
Shariatmadari arrived in Baghdad on Monday morning and met Minister of Planning and Acting Minister of Trade Salman Jumaili, where they discussed ways to promote and develop economic, trade and investment relations and increase the volume of trade exchange between the two countries.
*************
ARTICLE 5
Launch of the national campaign for school feeding for 88,000 students in Ayman Mosul
Nineveh - Iraq Press - March 6: The Ministry of Education announced the launch of the school feeding program for more than 88 thousand students in Ayman Mosul to provide an attractive educational environment.
"The campaign included the distribution of daily meals among students of the schools of the right coast of the city of Mosul and the 88 thousand students included in the project as a first stage," pointing out that "the arrival of food to all schools on the right side and distributed among students of these schools in coordination with a delegation Of the UN's global nutrition program, which oversaw the materials and the process of delivering them to the warehouses reserved for their preservation. " AH
*************
ARTICLE 6
Lift and detonate 76 explosive devices under control in the island of Tikrit
BAGHDAD, March 6 (Xinhua) - The Anti-Explosives Department in the province of Salah al-Din announced the lifting of (76) explosive devices from the remnants of gangs calling for 30-gallon tanks in the area of Tikrit Island, To "detonated under control by explosives experts with little losses."
The security forces were able to kill seven members of the organization "Da'ash" who were hiding inside the island of Abu-Hithi during a qualitative operation in the desert of western Nineveh. Find extensions and underground tunnels were used by the "cheerleaders" there. Ending AH
*************
TNT Call 5-March-2018 by Adept 1
RayRen: Good afternoon, TNT super-fantastic family! This is Marvelous Monday, March 5, 2018, with yours truly RayRen98 here, along with…
Tony: Goood morning, TNT!
RayRen: We sent you an update on Saturday:
The approved budget is being shown on Iraqi TV indicating payments being enabled to all employees. Payment for the Kurds will commence on Sunday.
The budget is expected to appear in the Gazette on today! What next? Rate increase, of course.
The HCL and Article 140 will soon be referred to in the past tense.
Sunday’s update:
Iraq's 2018 Federal Budget receives Parliamentary Approval and becomes Law. The budget sets out measures to control public spending, encourage investment and support job creation across Iraq.
Tony: This morning’s information went out via a tweet from the Iraqi government. The Budget passed without the Kurds, and once it went through they agreed to add a billion dollars and to pay the Peshmurga. So in actual dinars, the Kurds are getting close to 17%. Everyone is happy and they are paying out today. According to the schedule, people/groups are being paid hour by hour, so they can look up exactly then they will get paid. Iraq has 15 days for Abadi to sign it, and three more days to put the Budget into the Gazette. My understanding is that they will do it immediately so that they can get on with the RI/RV. That was supposed to happen over the weekend, but there were small delays. They are redoing everything today, including the vote, it will go to the Gazette on Wednesday and hopefully we will all be at the bank by Friday. That is what makes sense to me.
We were supposed to get the 800 numbers on Saturday; however, my banking sources said that we should be in the banks today. However, I don’t have the NDA that I was supposed to get on Saturday, and I haven’t received the 800 numbers that I was supposed to get last night. However, they are meeting and discussing what they want to do by Friday. Let’s see what happens after the meeting. We won’t be advised until after our call is completed, as usual. There do seem to be last-minute changes in the plans, and that’s how it’s supposed to be in the end: confusion, comments, complaints and suggestions, and they are listening to it all. Your questions are important. I will tell you one thing: years ago you asked me questions and I gave you solutions, then they changed the rules of the game. They may well do that now if we come up with something they didn’t think about. So be careful what you ask about!
Questions from the TNT forum
Q: You say there is a contract Dinar rate of $28.50 per dinar with an NDA, for the ones holding the least amount. If we don't want an NDA we will get Market rate. Is there any other rate we can negotiate for between the two rates, without and NDA? A: Yes, you can negotiate the current rate by watching Forex, waiting for it to go up, and taking that rate. This is a standard answer for 7.9 million people. The other 100K people know you have options I don’t’ have to explain here any more. The more you have, the more you have to talk about when you get this.
Q. What advantage is a trust to the grantor, if the grantor no longer owns the asset and cannot access it? So what is the advantage of putting one’s exchange money into a skeleton trust, other than to the bank if you make them trustees? A: There are some things you don’t understand about trusts. You need to think about WHY you want a trust, and WHO you will put in charge of it.
Q: With the Budget being passed and the Kurds have their 17%, what else could be the hold up of the RV not occurring? Are certain banks still unprepared for this event? If so, which banks and what are there roadblocks/obstacles? A: I think Iraq is happy and ready to go. On Saturday they got some new rates; I did not get any confirmation, though, and this morning I forgot to ask. I don’t think we have to wait for anything at all in Iraq. The banks here are still working out a few logistical details, and also contemplating a few last-minute changes that need to be finalized before going into action. Because things didn’t work out over the weekend, they do have to change some dates and times, but I believe those will be resolved by this afternoon. They may have to expand the branches where people can exchange. Right now, no one is on standby or being sequestered – some bank employees don’t even know about this yet.
Q: Can't remember if you covered this, but can someone with Zim less than 100 Trillion, i.e. one 50 Trillion note? A: Yes.
Q: Will Zim given away before the RV count against eh one billion dollar limit? Tony: It counts towards whomever you gave it to, because you gave it away! Remember, some of these details may still change, and the word has not trickled down to everyone. That is part of the logistics they are working on today.
RayRen: I’m not giving away any currency that I didn’t plan to give away from the start -- not until I know these details. Wait and find out exactly what is going to happen, and then you can make your move.
Tony: Make sure you have a Plan A, B and C. If I think that I am going to give some currency away, and I have my notarized gifting letter ready, I am not going to give it to them until I find out all the rules. Protect yourself both ways re: gift tax. I had all my letters notarized three years ago. They are trying to figure out how to do this, and they are constantly changing their minds up until the day this thing goes live. All we need is a plan for each way they might do it. I have had time to think about it, and I don’t have to be in a panic when it happens because I AM READY.
RayRen: Think about this: YOU don’t give to people, you give to charities, and they give to people. Work out your plans under this concept. Be patient, wait and learn. The bottom line is don’t give to people, and let them give to people. That is the utopian way to go about it.
Q: Have you gotten any info. on the NDA itself? Is it to be posted before the 1-800 numbers or do we take it from the bankers to our own lawyer? A: No.
Q: If you have ten 100 trillion Zim notes but only 100,000 Dinar, have you heard if the banks will still offer the contract rate for the dinar? A: Contract rate is based on the amount of dinar, probably.
Q: If kids combine with dad to buy currency and they are not on the receipt, is that a problem? A: Draw up an affidavit that explains the circumstances.
Q: We have heard that many cards have been used with higher rates in Iraq and abroad. Are these higher rates the norm or the exception? If the norm how does the market place of Iraq operate? It would be like a Wells Fargo card having a more valuable US dollar on its card than a Chase bank on its card correct? A: I want to know how they’re doing it, too. People are still being paid on their cards, and prices continue to go down by a small amount per day. They are doing it electronically, not by handing out money in the streets. The rate of $3.71 only comes into play overseas. Our guy over here has $3.71 on his card and can go to the ATM and pull out cash at that rate. Our guys in Iraq say that on Saturday the rate was over $4 and on Sunday over $5. Today they expect it to be higher yet, because everyone thought we were going to the bank today. That doesn’t mean everyone in Iraq has that rate; they pay out in levels by position. That’s how they’ve been changing the rates on their cards, not everyone/ everyday. They do it over 5-6 days at a time by the time it gets down to the guy in the street. This is the third or fourth time this has happened, so now we know the pattern of how they change rates on the cards.
Q: if you go for contract rate then decide you don't want to sign NDA will you be sent to back of line again or can we exchange for regular rate? A: If you are making the decision at your appointment, I would think so. If you have less than a million dollar’s worth at the international rate, and you don’t take the contract rate, then you are no longer appropriate to exchange with a wealth manager, and the WM will probably send you back to the teller line.
Q: My siblings and I have pooled our money over the years to purchase foreign currency. We don't all live in the same district. How do we exchange when we had. Always planned to go together?? A: Most currency can be divided; if you hope to get a higher rate because you have more, then treat it like a lottery ticket. Go to the bank, say “this is what I want to do” and they’ll tell you if you can or cannot do it that way.
Q: Any suggestions to insure for larger accounts than normal? A: They have special accounts for higher deposits, and I’m sure the bank will help you with that.
Q: After the waiting period do you or Tony know what vehicle will be used to notified us when we will be able to exchange additional ZIM currency? A: That is between you and your private banker or wealth manager; everyone will be different.
Q: NDA signed and received contract rate. Then go on and do Pay It Forward and stamp receipt with TNT Super-fantastic. Some one figures out that you have received money from Dinar Exchange. Have I now violated the NDA? A: No, because you haven’t told anyone the rate, amount, or process. There are up to eight million people exchanging and possibly paying it forward.
Q: If the Zim is being exchanged as a bond, will it be taxed? A: I don’t think anyone on this call has the 8 x 11 bond; that will be exchanged in Greece and probably will be taxed. The currency is being exchanged in other countries, and will not be taxed.
Q: Is the exchange ceiling a billion dinar or a billion dollars? A: A billion US dollars. And this is not set in stone – there are 5-7 committees meeting right now to settle that. We will do a call when we get an NDA so we can go through it. They want us to publish it, and hopefully publish on their own site as well. When we get the 800 numbers, we will have a call that goes over the final process, if we can.
Q: Do we have to wait for Article 8? Tony: I don’t.
Q: I haven’t heard much on the “Oil Credits” that use to be mentioned especially in regards to the contract rates. Are they still out there or have they been reduced? Could their possible removal be why the Dinar contract rates have been reduced (the 10million limit)? A: Nope, that has nothing to do with our exchange now.
Q: Is there any info on whether The Exchange will be a tax-free event for exchanges in Canada at a Canadian bank? A: I think so. I think the tax treaties cover all countries, so it should be tax-free.
Q: Do we have to exchange all currency types at one bank or exchange center? A: I don’t think so, but when you call the 800 numbers, you have to tell them all you have. They would prefer you go to one appointment, but I think you can split it up.
Questions from live callers
865/404: Based on all the intel, how safe is it to say we are in the calm before the storm?
Tony: I do think we are in the last few minutes on how to roll this out. ON Friday’s call, at least one state asked permission to put the 800 numbers out on Friday, and heard No, because not everyone was ready; they were told to wait a few days.
Caller: Are the guidelines internal or are they available for the public to see?
Tony: Let me tell you the process: the committees meet a couple of times per week. They get stuff from Washington, the IMF and another source. The committees discuss everything, and come up with what they want to do, and why. Then they tell us to put it out on the call, and as we’re discussing it, they take feedback to the committees, and defend their decisions or reasoning, or change their minds in response to what they hear on the calls or see on the boards. They take information from many sources. They will give the 800 numbers to 17 people, and only five are ‘dinar gurus’. This is different frm what they were intending to do two weeks ago – we told them that their original plan would cause a shoot storm, and they changed the process. They also reassured us that what we agreed in the #wearethepeople campaign is still in place. They are going through a lot of stress and confusion as well. I wish we could be more involved, but I do know that some of our questions and concerned do get passed on.
Last week, they were put on a gag order; this week it ends.
There are seven committees – five work with logistics, and two work with the IMF and the International Settlement Bank.
972 caller: You said that if you are transferring money into a trust, there is a cap of 50,000,000 dollars before it creates a tax event? Is that correct?
Tony: I believe that is the case; after that it is taxable.
Caller: When we call the 800 numbers, will they give us a rate? [No.]
Tony: As for the Zim, they submitted that you can exchange one 100T note now, and ten x 100T as a lifetime cap. A banker told me yesterday that you could exchange the rest over 25 years; however, the committee says otherwise. We’ll have to wait and see how that shakes out. I did get a message from Texas that they were told that new procedures are coming out, but that they would not receive the new information until April 1st! Everyone else is saying March.
Caller: If you have 100,000 dinar and go to the teller, wouldn’t they give you a cashier’s check rather than opening an account?
Tony: That would make sense, but we just don’t know yet.
RayRen: If I were a bank, I would make you open an account and make you deposit it, because they can’t be sure the currency is good, and need a couple days to verify it.
Tony: The foundation bank is Wells Fargo. All the other banks had an opportunity to be the foundation bank, but they backed out because they didn’t want to exchange every single person. WF said they would do it, if they can move on anyone they don’t like within 30 days. But they do have to exchange those people and give them accounts for at least 30 days.
760 caller: So… potentially a ten-year NDA for dinar only… that changed a lot of moving parts for me. The NDA is a legal document, and we have to declare on the phone how much we hold, will we have to exchange all that at one time (because of the NDA) or can we withhold anything non-dinar, even if that is covered by the NDA?
Tony: There was always going to be an NDA to get a contract rate. The only difference what that YOUR NDA was to be four pages, for 90 days. MY NDA was 44 pages long and for 15 years. The NDA today is 12 pages, with three pages of definition, four pages for signatures, and the rest is the NDA, and now it is for ten years. Although you have to sign it to get the contract rate for the dinar, the NDA covers all the currencies. That doesn’t mean you have to exchange all your holdings at that time. They are making their decision on how much dinar you get the contract rate for based on how much currency you have – in all your currencies. Just exchange your dinar and schedule a further appointment the next week for the other currencies. That’s what I would do.
Caller: Do you see the dong floating up within 90 days? Will it stabilize or come down?
Tony: I see the dinar and the dong going up within two weeks. They put a 5% daily cap on the dinar going up and also going down. I haven’t heard about a cap on the dong. For tne years, the dong was coming out at 47 cents. For it suddenly to jump to $1.47, $1.90, all the way up to four dollars… I can’t see that happening, but if it does I’ll be ecstatic. If it comes out at $.147, and I can see it going up 50-60 cents quite quickly. When it starts to fall, it will fall fast. However, there is a starting and an ending point for dong and dinar. So you need to watch Forex closely, and get your exchange done when it’s about $2. That’s what I would do.
Caller: If we have the opportunity to negotiate in that first appointment, and let’s say we negotiate two dollars on dong… is that a reasonable rate to exchange and be done? Is it a smart move to negotiate where it should end up, and then call it a day?
Tony: If I know that for a fact, I want to talk to the bank about how much I have, how long I am willing to leave it, and how that will benefit both of us. I’ll negotiate from there. I don’t need to have the highest available rate, I want something I’ll be comfortable with for both of us. What ‘they’ are saying is that negotiation will apply mostly to the fees and perks, not for the rate(s). For most of you, it’s not worth negotiating the fees, and you won’t be able to negotiate the rate unless you have LOTS of currency. I am not giving you a limit, but anyone going to the teller or private banker [that is, under ten million dollars worth] won’t be able to negotiate. You won’t have the clout.
Evidently, the NDA has changed, and now it is one to five years rather than ten years. The daily shift in dinar value will be 5%. The dong should be 47 to 71 cents according to the IMF. I don’t know where the $1.47 to $1.97 comes from. There used to be contract rates for the dong, and those were higher than this. So I think someone has confused the rates for the dong, but I have been told there are no more contract rates for the dong. If you have enough currency, then you can negotiate fees with the wealth manager.
RayRen: The NDA is still ten years. The 1-5 years is the timeframe on the dong going up from 47 to 71 cents. I think.
Tony: The people who wrote this NDA wrote it in hopes that you would not sign it – that’s the purpose, to discourage you from taking the contract rate. They said they wouldn’t sign it themselves, but on Friday they were told THEY would have to sign it themselves.
740 caller: Concerning the NDA – what is its purpose? I hear it is mandatory for me and my family, but I don’t care about the contract rate.
Tony: For you NOT to tell anyone you got a better rate than Forex put out. Maybe you wouldn’t tell anyone, but they want to be sure. My NDA says I cannot be on talk shows, write a book, etc. The old one just said that you cannot talk about the rates/amounts. If you told family members about the fact of the RV, but not the rates, then you should be okay. The only ones needing to it are those getting the contract rates. The NDA is only mandatory if you plan to ask for the contract rate.
312 caller: How final is this final plan going to be? Can they change it mid-process?
Tony: When they give us the NDA and tell us to post it (or send people to their site) then you know it’s the NDA, and that’s final. When we go to the 800 numbers and tell us to have people call those numbers, we will ask if there are any changes – if there is anything we need to tell you all before you go to the bank. Are the rates the same? Is the process still the same? Is there anything that will make this smoother for both sides? If there are any changes, that is why you signed up with TNT: we will tweet it out, do a call, etc. They can change this at any time, as they realize any mistakes, or as money comes in too quickly, then yes they might make changes to keep the process and economy moving along smoothly. You only have to do your exchange once, and never have to worry about the process any longer because you’ll have a wealth manager or private banker to talk to whenever you choose. Their only real concern is what might happen in Texas!
[I had to leave the call here. Please check Sunny’s Cliff Notes for closing statements.]
Closing Statement
CLOSING STATEMENT’S:
Ray . . .
Tony . . .We are waiting for the NDA, which I'm hoping I do get today. Waiting for the 800 3's so we can get this party started. Revoted over in Iraq to pass the budget giving the Kurd's the 17%. Don't know if it will be in the Gazette on Wed. . . Iraq has paid out their people today, already said everything is retro. Is that enough we can get this party started tomorrow. Again having their meeting discussing the logistics of this whole thing. We should be ready to go. Anything else we get, we sent out a tweet and do another call. Budget done, agree upon. Banks ready to go; put out memo's; told their people last Thursday dn it didn't. We should go by the end of the week. Everybody is pushing. By the end of the week, Friday night. Let's hope it goes. If I have to come back on Wed., I will. I don't want to. I don't want to. If we have to I am here till the end.
Ray . . .Continue to enjoy this marvelous Monday everyone. Continue to believe. We believe. (played "I Believe.")
No comments:
Post a Comment