KTFA

KTFA

Frank26: 5-day vacation by force in Iraq ~ Iraq TradeLink News Agency

Starting from today, Wednesday, Baghdad entered into “forced” vacation for five days to commemorate the 7th. Shiite Imam Musa al-Kadhim, whose shrine is located in the northern part of the capital.

Iraqi papers shall stop publication as , well as football tournaments.

Baghdad will witness a special security ploan on such occasion, which will see the people moving on foot to the holy shrine in Kadhimiya city, which is closed with thousands of security forces and cut off the main street leading there.

On the other hand, the governmental officials found it difficult to move and join their offices due to the closure of the main streets in the capital.

Tents to provide social services such food and water to the visitors to the holy shrines are mounted in all the streets leading to the shrines, which were covered with black flags to commemorate the anniversary.

Imam Musa al-Kadhim is the 7th Shiite Imam who spent part of his life in prison during the Abbasside Caliph Haroun al-Rasheed. Link

Don961:  No wonder news sites weren’t updating today …. usually check this site .. not quick enough … Thanks Frank …. Today thru Monday will be 5 days … ready to go live again on the 25th …… you guys are goooooood !!!! ….\m/

66gto:  Don, the article states starting today Wednesday. Just maybe this was to be put out yesterday and ends on Sunday.. Gitty Up GTO

Don961:  but news sites did update yesterday the 19th … just not today … today thru Monday would bring us to the 25th

Michelle:  My understanding of the articles says “Starts today WEDNESDAY” wouldn’t that mean it started yesterday and will end Sunday? Since today is Thursday!

StephenMac63:  You are on the right track, just a day off. When they say Wednesday, its their Wednesday which is our Tuesday. Right now its our Thursday meaning two days have passed….as it is Friday in Iraq, so as a poster stated, I think it was Cole, 2 days down and three to go.

They are starting their Friday right now as it is about 5 in the morning over there.

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Link to Thursday Night Team Chat Notes 4-20-17:  http://www.dinarrecaps.com/our-blog/special-team-chat-notes-from-ktfa-thurspm-with-frank26-delta-and-angel1-4-20-17

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StephenMac63:  A thought came across my mind….just how do you retro the rate to the beginning of the year…. well,it could be pretty easy as the info has been missing from the CBI website from the beginning of the year and everything has been kept out of public eyes.

So for all purposes they are still working off of last years rate. Meaning that when the budget is opened/internationalism goes into effect, they will retro from the beginning of the year….along with the budget.

Since its 4/20/17 and lets imagine they opened/ announced today, Joe Shmoe in some ministry will not get a “dinar count” of value…..he will get a percentage of the budget, hcl is supposingly 17ish percent…..so my theory is no matter what ministry, they each will get a percentage.

In the end they will get less dinar notes because it will have greater value. Right now we are seeing articles stating that so and so ministry is getting billions of dinars. Thats going to change. They will wind up with a percentage of budget instead, doesnt matter how many dinars.

And this is how I can see them retro from the beginning of Jan. Less Note count, more value, equals percentage of budget. What is more important is the percentage of budget, not the number of dinars

At least thats my thinking at the moment, feel free to correct if Im off-track.

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JeffDavis:  Hello everyone.  I have a question about something that I should already fully understand but don’t.  Please explain the 76 window after RV.  It could be open forum or pm.  Thanks and sorry for asking about this since I should already know the answer.

7-FA:  It is for the Rate to Grow

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Friday Morning:

Don961:  Video .. raise the largest Iraqi flag in the right side of Mosul

Friday 21 April 2017 – 14:00 GMT

Iraqi federal police forces raised the largest Iraqi flag in the right side of the city of Mosul.

http://www.alalam.ir/news/1956597#sthash.bqijSKIg.dpuf

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Aggiedad77: FROM THE CBI THIS MORNING FAMILY….ARABIC SIDE ANNOUNCEMENT

http://www.cbi.iq/index.php?pid=Home&lang=ar

04/21/2017

( Statement)  in order to clarify the full picture about the branches of foreign banks dealing with the sale of foreign currency window We would like to show follows

The branches of foreign banks operating in Iraq, representing the bank president with all its potential, including the capital and the claim of the Central Bank of Iraq to the need to provide these branches (seventy billion dinars) is only operational capital and does not represent the entire share capital of the bank.

The entry of the sale of foreign currency window for banks operating in Iraq in general be approved by the Central Bank of Iraq standards and accounting firms of international solid and are available for all banks to see them and thus when they exceed some branches of foreign banks , these criteria are excluded from entering the window either when matching standards , as is the case with all Iraqi banks will get the maturity and there is no discrimination deal for the Central Bank of Iraq between banks operating in Iraq , whether foreign or Iraqi , but on the basis of classification  because it forms part of the Iraqi banking system .

Note that the number of Arab and foreign banks do not enter the window of the sale of foreign currency intervention or already in limited quantities and that the share of the Iraqi banks continue to represent the largest proportion of dollar sales.  Aloha  Randy
Samson:  Iraq calls on Germany to the release of frozen funds

21/04/2017 – 3:50

It called on the Iraqi government, on Wednesday, the German counterpart to the need to launch Iraqi funds frozen in some German banks, stressing the need to strengthen economic cooperation between the two countries.

Jaafari said during a joint press conference with his German counterpart, Sigmar Gabriel, in Baghdad and I followed “Economy News”, “Iraq contemplates opening the prospects for economic and commercial dealings between the two countries, as well as the launch of Iraqi funds frozen in some German banks because of the need to bring it back to Iraq.”

He added, “We have confirmed German Foreign Minister need to play Germany, the task of playing an important role in the reconstruction and construction efforts in the areas liberated both in Salah al-Din or Anbar or Mosul.

http://economy-news.net/content.php?id=7198

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Samson:  US APPROVES $295.6 MILLION MILITARY EQUIPMENT SALE TO IRAQ: PENTAGON

20th April, 2017

The U.S. State Department has approved the sale of $295.6 million worth of military equipment to Iraq for artillery and infantry Kurdish peshmerga units, a Pentagon agency said on Wednesday.

The equipment requested by the Iraqi government would outfit two peshmerga infantry brigades and two support artillery battalions, the Defense Security Cooperation Agency said in a statement.

Congress was notified of the approval on Tuesday, and the notice does not mean the sale has been concluded, the agency said.

http://iraqdailyjournal.com/story-z15159274

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Samson:  Open trade leads IMF discussions in Washington

04/21/2017 – 13:06

Tuesday morning met with senior financial officials of the world in Washington, DC, in an effort to push the host head of the country’s policies that are still under development away from trade protectionism In order show broad support for open trade and integration.

According to “Reuters”, the set spring meetings of the International Monetary Fund and the World Bank member institutions of the 189 members in the face with the work of President Donald Trump table, which spearheaded “First of America” ??slogan as holding their meetings on after only two blocks from the White House.

Domenico Lombardi, a former official with the IMF, which is currently working with the Center for Innovation in the field of international governance, a research institution Canadian and explained that these meetings will be all about Trump and the effects of his policies on the international agenda, adding that Christine Lagarde, director of the IMF aims to engage the new management agenda Fund and the impact of business management options in various policies.

The IMF has issued warnings to reduce the US trade deficit plans by Trump possible measures to restrict imports, saying the latest economic forecasts that trade protectionism policies would negatively affect global growth, which began gaining momentum.

The attacking Trump administration officials at the present time, these warnings, saying that there are other more have adopted countries trade protection from the United States, and promised Trump softened financial controls adopted in the United States following the global financial crisis in 2008, and in return confirms the IMF that such action would ” the possibility of “provoking a financial storm in the future.

Furthermore, the second highest responsible executive at the World Bank said that US President Donald Trump administration will work in favor of an agenda that raise the slogan of “America First” if the United States to reduce the role of leadership in multilateral institutions including the World Bank.

Said Kristalina Georgieva, General Administrative Director of the World Bank, said that meetings with Trump administration officials did not reveal yet any desire to withdraw from the multilateral institutions, adding that during the forum at the beginning of the spring meetings of the International Monetary Fund and the World Bank: “I did not hear them never had a say We want to withdraw. ”

The aim of the management proposal that Trump is known as the “meager budget” to reduce funding for multilateral development banks including the World Bank by $ 650 million over three years compared to the commitments made by the former President Barack Obama’s administration.

However, the US Congress is to take the final decision on spending levels in the fiscal year ended on the first of October (October), not the White House.

Georgieva reported that the budget shows that the US administration estimated its position in the institutions. The United States is the largest contributor to the World Bank so far and holds about 17 per cent of the voting power in it, noting that during the meeting with the Bretton Woods institutions to “ignore your standing in the institutions that you enjoy the voice of an influential and very important not consistent much with America’s first logo.”

She added that the World Bank financing is probably not on top of the many priorities of the new administration confirmed that the bank relies on self-financing in many respects.
She drew Georgieva, that one of the reasons you think it will pay management to maintain Trump on the role of the World Bank is the work of the bank to achieve stability in the war-torn areas and the United States interests in them.

She said Georgieva: “We are in Iraq and Afghanistan. We hope to be in Syria someday, these places need investments in order to bring about stability. I do not know how it can hurt any of our shareholders that the world be more stable.

http://economy-news.net/content.php?id=7220

PappaJack:  YO DOC, BATTER UP!!!!! WHERE HAVE YOU HEARD THIS BEFORE???? MMMMUUUUMMMM THINK IT WAS YOUR TALKING ABOUT CONTRACTS HOW LONG AGO???? LOL//////  OUOTE- ” AN HONORABLE MAN EXPECTS TO BE TAKEN AT HIS WORD” WHUMP THERE IT IS!!!!  CONTRACTS ,CONTRACTS ,CONTRACTS  PJ

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