Some Highlights from Monday KTFA Call 11-20-17
Walkingstick: The final bank training segment began last Thursday.
Frank: I expect my currency broker to shut down “in the still of the night”
IMO The final deal with Kuwait is in play right now with the gas deal, which is the final part of Chapter 7.
IMO The WTO deal on Friday caused the budget to have a revision made from trillions to billions.
IMO: The display of the budget is timed with the speech from Abadi.
IMO: There will be an aggressive push for removal of corruption AFTER the RI.
IMO The International Fair on Dec 2 will show them with a new rate.
IMO We will see the speech from Abadi this week.
IMO: EVERY possible thing that could be in their way has been removed and even Hezbollah is leaving because they know IS is over with.
IMO The Banking classes are over.
Delta : (On phone) IMO: They have to have an International Currency BEFORE this international fair on Dec. 2nd, 2017 (Referring to an article printed in Arabic.)
Walkingstick: IMO, everything hinges on this speech that is coming from Abadi.
Delta: IMO I think the CBI may make a move before Abadi does speech and they will celebrate everything this week.
Frank : Some of my high level sources are saying something is going down now.
Frank: We are cancelling Wed conference call because I think it is over, but really it’s because of Thanksgiving
Frank IMO Abadi will do this very soon so that the knowledge of the lower denoms is not leaked out
Frank: There is a very large celebration planned for “Baghdad Day” this Saturday, and IMO, I expect that celebration to include everything we have been waiting on.
KTFA Monday Night Conference Call 11-20-17
The first part is Business Promo and the second part is Dinar/Iraq Intel
PLAYBACK #: 641.715.3639, PIN: 156996#
Don961: Oil rises due to OPEC cuts and increased US production curbs it
Updated 21/11/2017 3:17 PM
According to Reuters, Brent crude futures were $ 62.51 a barrel, up 29 cents, or 0.5 percent, from the closing price.BAGHDAD (Reuters) – Oil prices rose on expectations of an OPEC extension to cut production but increased production in the United States is holding back gains.
US WTI rose 18 cents, or 0.3 percent, to $ 56.60.
Traders said OPEC-led production cuts were supporting markets in general.
Production cuts are due to end in March 2018, but Opec will meet on June 30 to discuss the future of the deal.
OPEC is expected to agree to extend the cuts if stockpile levels remain high despite recent clouds, while some are skeptical that some will want to continue curbing production.
But what worries OPEC most is the increase in US drilling activities led by oil producers.
US energy production will rise at a faster pace than suggested by the increase in the number of rigs that jumped from 316 hoppers in mid-2016 to 738 last week, productivity increases with each increase in wells, the Westwood Global Energy Advisory Group said.(End) 22 /
Don961: Tuesday 21 November 2017 06:53 PM
Abadi sets the date of the announcement of the final victory on the “call”
BAGHDAD – The Prime Minister of the Armed Forces, General Haider al-Abadi, announced on Tuesday the date of announcing the victory over the organization “Daash”, stressing the elimination of the organization militarily.
“In the next short period, the final cleansing of Daash in the western desert of Anbar will be completed,” Abadi said at his weekly press conference and followed by Iraq News.
Abadi added that “after the completion of the cleansing will announce the defeat of a final advocate in Iraq,” while stressing the need for “the return of displaced families to their areas of residence.” Finishe link
Doodlebug: NICE DON! “Come on home citizens… it’s safe! We’ve got a party waiting for your arrival!!!!”
SteelyJan: WOOOHOOOO!!! YIPPEEEEE!!! COME ON!!! ABADI…FOR ONCE – JUST GET-R-DONE!!!
JJonesmx: Iraq to Resume Payments of Gulf War Reparations to Kuwait: U.N.
NOVEMBER 21, 2017
GENEVA — The United Nations said on Tuesday it had accepted a proposal from Iraq to pay 0.5 percent of its 2018 oil proceeds toward compensation for $4.6 billion owed to Kuwait for destruction of its oil facilities during the 1990-91 Gulf War occupation.
Payments from the fund, which were suspended since October 2014 due to security and budgetary challenges faced by Iraq, will escalate annually until the end of 2021, the U.N. Compensation Commission (UNCC) said in a statement, adding that Kuwait had accepted the proposal.
“Based on oil price and export projections, this would result in payment in full of the outstanding claim award,” it said, referring to the claim by the Kuwait Petroleum Corporation, the largest approved by the Geneva-based UNCC.
(Reporting by Stephanie Nebehay, editing by Tom Miles)
StephenMac: Is this the part where Abadi calls Kuwait and says “Sorry, we are dropping zeros so the billions before are millions now”? Worth a try (smile)
Doodlebag: IMO, good try and I completely agree with you! How can you agree to pay for something out of a budget if your budget isn’t approved yet?!?
4short5: If I had to repay Kuwait I would sure enough repay them after my currency revalued. If I repaid them and then revalued that would be stupid.
Apmcrx: Chapter VII Done!!!…IMO
Aggiedad77: FAMILY from all the news today I am sensing an excitement in the air…..something about Abadi and all the news surrounding him….you think he wants to talk…..wants to convey his true and honest feelings to his people and the world…..make it so…..the BEST is coming…..any day now. Aloha Randy