Wednesday Night KTFA CC 12-27-17
The first part is business Promo and the the second part is Dinar/Iraq Intel
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Tidbits: Fortune 100 companies in KW today..
Fortune 500 Company’s come to international reconstruction conference in KW tomorrow
Over 3000 companies from 70 countries in Kuwait including Central Bank’s, aides and staff..
How can you promise to pay employees if they don’t have a international currency… especially… contracts that run 10-20 YEARS!
Tomorrow the Governor of the Central Bank of Iraq speaks for the second session, which starts at 2 pm, to talk about the financing of reconstruction, and an overview of the framework of the Iraqi economy, the Iraqi banking sector, and forms of financing and guarantees, and support investors in Iraq.
The second session will see a speech by US Secretary of State, Rex Tillerson.
The meetings will conclude with a speech by Iraqi Prime Minister Haidar al-Abadi
Don961: Well now … is this headline a precursor to future headlines ?? … the 1st of many ?? …
The US budget recorded a surplus of 49 billion dollars in January
12 February 2018 10:28 PM
Direct: The US budget recorded a surplus of more than 49 billion dollars last month, supported by increased revenues.
The Treasury Department said Monday that the budget surplus was $ 49.2 billion in January, compared with a deficit of $ 23.1 billion in December.
The US budget recorded a surplus in January 2017 worth 51.2 billion dollars.
US data showed revenue reached $ 361 billion in January, while spending was $ 311.8 billion.
Since the beginning of the fiscal year in October, the US budget deficit amounted to 175.7 billion dollars, compared to a deficit of 159 billion dollars in the same period the previous year. link
Don961: The White House expects the economy to grow more than the Fed estimates
12 February 2018 10:08 PM
Direct: The US administration raised its forecast for economic growth in the current and next year, exceeding previous estimates of the Federal Reserve.
The White House said in a draft budget for next year, released on Monday, that it expects GDP growth of 3.1% this year and 3.2% in 2019.
The Federal Reserve forecast the US economy to grow by 2.5% and 2.1% this year and next.
The US economy recorded a growth rate of 2.3% in 2017, compared to 1.5% in the previous year.
President Donald Trump has repeatedly pledged to achieve an economic growth rate of nearly 3 percent, with stimulus plans to cut taxes and spend on infrastructure.
Trump has announced plans to pump $ 200 billion in infrastructure spending in a plan to attract more than $ 1 trillion worth of private sector investment. link