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 Kaparoni - "Good Stuff" - Dinar Alert News Discussion 1/29/18

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PostSubject: Kaparoni - "Good Stuff" - Dinar Alert News Discussion 1/29/18   Tue Jan 30, 2018 7:52 am

Kaperoni: Central Bank of Iraq (CBI) News > From CBI - Public auction for the sale of (counting and sorting machines and packets currency)

January 29, 2018 Announces the Central Bank of Iraq / Baghdad to conduct a public auction for the sale of ((counting, sorting and packages currency)) under sales law rent No. machines (21) for the year 2013. It calls wishing to subscribe to public auction attendees to the Central Bank of Iraq building / Rasheed Street on Sunday, a brief summary of 2018 / 2/18 at ten in the morning according to the following conditions:

A certified check to the order of the Central Bank of Iraq in the amount of (1.260.000) million and two hundred and sixty thousand Iraqi dinars, which represents 20% of the amount of the estimated value of the machines are not allowed to enter the bid without providing insurance.

​Archives supporting the original picture of the bidder.

Persons who wins the bidding fees and publication of advertisement fees tag by 2%.

https://cbi.iq/news/view/581

Kw: Tightening things up

Punisher: Good.

Wn: Hopefully these will be needed soon.

Phil Oberholzer: These may be back up machines they have because they're counting so many notes. Another thought, may be they don't need them because they won't be counting near as many notes. Or maybe these are just old and worn out....Speculating here....

Mike: Ditto Phil, these guys have a ton of notes out their and counting them using anything other than a machine would be a huge job. -- Stay grounded...

http://dinaralert.webs.com/apps/forums/topics/show/13467447-from-cbi-public-auction-for-the-sale-of-counting-and-sorting-machines-and-packets-currency-

Kaperoni: Central Bank of Iraq (CBI) News > Iraqi Central Bank invests in the currency of the Chinese yuan

29/1/2018 Economy News _ Baghdad Central Bank of Iraq, said Monday, his investment in the currency of "Chinese yuan" to diversify its foreign reserves.

The Information Office of the Acer Bank Director Jabbarvi statement received "Economy News" that " the bank is keen to diversify its foreign reserves and diversify the basket of currencies in the investment portfolios as well as the importance of the geographical distribution of investment and for this signed and through the Investment Department of the Central Bank Agreement banking arrangements with the People 's Bank Chinese ".

"The agreement will contribute to the development of banking relations with world economies, especially with the Chinese economy."

The statement noted, that " the investment has been in the currency (Chinese yuan) after inclusion in the SDR basket of currencies by the IMF in late 2016 and this has led to the lifting of the Chinese yuan currency in the international liquidity position."

The advantage of government bonds in the currency of the Chinese yuan higher returns compared with those of other currencies including the US dollar.

http://economy-news.net/content.php?id=10855

Phil Oberholzer: Maybe to offset the amount of Dinar China is holding..Figuring when the dinar rises it will boost other currencies around the world.. TY Kap

Kw: intresting move

Punisher: Diversification Smile

Wn: Chinese yuan officially became a world reserve currency on November 30, 2015. It represents 10.92% of the IMF's Special Drawing Rights currency basket. This makes Chinese yuan the third reserve currency after the US dollar and Euro.

It only makes sense with the USD constantly under attack from China and Russia

Kaperoni: The central bank seeks to diversify the basket of currencies to invest in the "Yuan" Chinese

29/1/2018 Expressed the Information Office of the Central Bank of Iraq Acer Jabbar, director of Monday, the bank's desire to diversify its stock reserve, and diversify the basket of currencies in the investment portfolios; confirming the start of the bank to invest in China's yuan currency.

He added Jabbar in a statement seen by NRT Arab, today (January 29, 2018), "The Bank recognizes the importance of the geographical distribution of investments; and for that occurred through the Investment Agreement banking arrangements with the Chinese People's Bank, which will contribute to the development of banking relationships with global economies especially with the Chinese economy. "

​He explained that "the investment has been in the currency after the Chinese yuan included in the basket of currencies SDR by the IMF in late 2016 and this has led to the lifting of the Chinese yuan currency in the international liquidity position."

The advantage of government bonds in the currency of the Chinese yuan higher returns compared with those of other currencies including the US dollar.

Every 100 yuan is equivalent to approximately 18 thousand Iraqi dinars.

It is expected that the coming period would witness a global expansion in the use of the Chinese currency, the yuan private agreement with China, with about 39 other state to adopt its currency and will spend time with the monopoly of the dollar to the dominant share in the global market.

http://www.nrttv.com/ar/Detail.aspx?Jimare=69033

http://dinaralert.webs.com/apps/forums/topics/show/13467439-iraqi-central-bank-invests-in-the-currency-of-the-chinese-yuan

Kaperoni: Central Bank of Iraq (CBI) News > Governor of the Central Bank: the adequacy of the reserves of Iraq's financial ratio reached 160 percent

19/1/2018 Najaf / NRT The governor of the Central Bank of Iraq on the Keywords, Saturday, that the adequacy of the reserves of the Iraqi financial ratio reached 160%, according to the standards set by the International Monetary Fund, noting that "the criteria and conditions developed by UNFPA in dealing with Iraq was in agreement between the parties and not the dictates of one party over another".

Keywords and he said at a news conference in Najaf and was attended by a reporter NRT Arab on January 20, 2018 The "joint financial reform program with the International Monetary Fund aims to improve financial management and fiscal discipline by controlling expenses and increase revenue, and we are keen to apply the reforms in all our institutions and Masatna. "

He added that "we are working to develop specific goals and programs in agreement with the International Monetary Fund in order to improve the financial situation and to prevent a financial crisis in the future."

He added that "there is a positive correlation between the improvement in oil prices and the financial situation of the country, and today reflected improvement directly on state revenues."

However, saying "But this improvement does not mean a return to cases of uncontrolled spending or financial behaviors that are not counted as an account away, but that the increase will go to pay the consequences of the Iraq local debt, including the direction of investment projects."

On the news about the decline in money converging reserves of Iraq, he said: "We are keen to monitor and Dqicon cash reserve level with us and international organizations, the International Monetary Fund, so that the reserve does not fall below the rate or the required international standard."

He added that "the Iraqi currency reserves has not decreased and remained higher than the required rate and the percentage of the adequacy of the reserve in Iraq reached 160% as set out in the IMF's international standards, and this latest bulletin reported to the Fund."

On the central bank branch in Najaf, said that "the branch will serve as a branch of the Middle Euphrates region and will provide facilities and financial transactions that were linked to the capital center, it will also be the branch as studies and training center and the rehabilitation of the cadres of youth from the province in order to prepare them for employment and work." Hossam Al-Kaabi

http://www.nrttv.com/AR/Detail.aspx?Jimare=68498

Punisher: Thanks Kap.

Chattels: The central bank is expanding its basket of currencies to include the Chinese [yuan]

: 2018/1/29 14:10 • [Ayna-Baghdad] The Central Bank of Iraq, announced its investment in the Chinese currency [Yuan].

"The bank is keen to diversify its foreign reserves and diversify the basket of currencies in the investment portfolios, as well as the geographical distribution of the investments of this bank. For this purpose, and through the Investment Department, the director of the Central Bank Information Office, Acer Jabbar, The central bank has a banking arrangement agreement with the People's Bank of China, which will contribute to the development of banking relations with global economies, especially with the Chinese economy. "

"The investment was made in the currency of the Chinese yuan after being included in the basket of special drawing rights by the International Monetary Fund in late 2016, which led to raise the currency of the Chinese yuan in international liquidity."

"Government bonds in the Chinese yuan have higher returns than other currencies, including the US dollar," he said.

http://www.alliraqnews.com/modules/news/article.php?storyid=70736

--

It’s the truth I’m after, and the truth never harmed anyone. What harms us is to persist in self-deceit and ignorance." - Marcus Aurelius, Meditations,(VI: 21)

Punisher: Diversification is always a good thing.

http://dinaralert.webs.com/apps/forums/topics/show/13466440-governor-of-the-central-bank-the-adequacy-of-the-reserves-of-iraq-s-financial-ratio-reached-160-percent

Kaperoni: Iraq Government News > The House of Representatives ends the first reading of the federal budget

1/30/2018 0:00 Baghdad / morning ,the House of Representatives voted at its eighth ordinary of the second legislative term of the fourth legislative year , which was held on Monday, headed by Salim al - Jubouri , and the presence of 166 deputies on two Gnapein finished reading the four laws , including the federal budget for 2018.

According to a statement of information to the Department of the Council, received the "morning" that the Council voted, at the outset of the meeting, a resolution submitted by the Finance Committee refers to the absence of the need for action previously taken by the House of Representatives on banking transactions with financial institutions in the Kurdistan region after achieving the desired goal that the Bank is committed to Murr Zee to submit monthly reports to the Committee on its powers and practices in the region and its role in preserving public money, while voted in favor of the decision to double the fine for the absence of its members to a million dinars.

Jubouri, according to the statement, the Union of Parliamentarians Act does not include physical or moral privileges to its members, indicating that what has been traded is untrue.

Jubouri said that the questions submitted will be included in the agenda at future meetings in accordance with the applicable contexts.

The Council also agreed to add questioning Electricity Minister Qassim Fahdawi the first reading of the draft financial budget for the current year on the agenda of the meeting, while the President of the Council announced an invitation to host Prime Minister Haider al - Abadi in a meeting next Wednesday to discuss the draft federal budget law at the request of the blocks parliamentary.

Jubouri also directed the committees of agriculture, water, health and environmental follow - up with the executive body of the Council to inform all the details on the flu pandemic of bird.

On the other hand, the Council first reading completed the proposal included contractors from the sons of Iraq , "Awakening" to the defense and interior ministries submitted by the committees, defense and legal security law, which aims to resolve the issue covered about it Diwani No. (118 / o) for the year 2008 of the Sons of Iraq (Awakening) thus contributing to the stability of their legal status and for the purpose of benefiting from their expertise in security and stability control and in recognition of their positions in support of the security forces in carrying out their duties.

​The Board completed the first reading of a proposed law Sports Management Institute submitted by the Committees of Youth and Sports, legal and who came to the development of sports departments are eligible to work in the field of sports management and professional staff and develop the performance of their employees and keep pace with the development witnessed by the world in the field of sports management.

The Council ended the report and discussion of the proposed First Amendment law is the Coalition Provisional Authority (dissolved) No. 2 of 2003 submitted by the committees of youth and sports, legal and civil society institutions.

The Board completed the first reading of the draft law on the federal budget for the year 2018 for approval, after which decided to resume the session on Wednesday.

It is noteworthy that a parliamentary source, reported that the Kurdish blocs withdrew from the parliament session to protest the budget on the agenda included.

http://www.alsabaah.iq/ArticleShow.aspx?ID=151913

Mike:
Good stuff, on to the second reading.


http://dinaralert.webs.com/apps/forums/topics/show/13467493-the-house-of-representatives-ends-the-first-reading-of-the-federal-budget
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PostSubject: Re: Kaparoni - "Good Stuff" - Dinar Alert News Discussion 1/29/18   Tue Jan 30, 2018 12:01 pm

Punisher, Punisher, Punisher -- what is it now, 8 years for you in this? And you still believe?   

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PostSubject: Re: Kaparoni - "Good Stuff" - Dinar Alert News Discussion 1/29/18   Tue Jan 30, 2018 9:49 pm

Hard to believe, but apparently he's still drinking the Kaparoni Kool-Aid

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