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  "Math" - Sat. AM KTFA Thoughts/News 3/10/18

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Ssmith
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PostSubject: "Math" - Sat. AM KTFA Thoughts/News 3/10/18   Sun Mar 11, 2018 9:07 am

KFTA


Don961 » March 10th, 2018


Math :

Est. $80,000,000,000 in revenues ...
Citizens' share .... 2.5% ...
80,000,000,000 x 0.025 = 2,000,000,000
2,000,000,000, / approx. 38,000,000 population = $52.63 per share
imo

Important for ... This is what the citizen will receive annually from the wealth of oil according to the new law

08-03-2018 07:17 PM

Baghdad News -

Oil expert Hamza al-Jawahiri revealed on Thursday the shares that the Iraqi citizen will receive from oil revenues according to the law of the National Oil Company, which was voted by the parliament in last Monday's session.

Al-Jawahiri said in a press statement that "the 10% rate set by the law of the National Oil Company, which will be distributed to four funds, the first will be to support the capital of the company, and the second citizen fund, which includes the transfer of the country's wealth to the people, Producing oil 'noting that' each fund will have a rate of 2.5 percent of oil revenues'.

"The percentage of the citizen is 2.5 percent will hit the annual oil revenues of Iraq, which we assume that these revenues $ 80 billion and thus every citizen will receive $ 50 each of his share of the wealth of oil," adding that 'these four ratios dispersed the money will not be used Including the four funds and the hardest hit is the company because 2.5 percent will not be enough to develop and sustainability. LINK

LivinMemphis » March 10th, 2018

Forbes Removes 10 Saudis From "100 Richest" List After MbS's "Corruption Crackdown"


by Tyler Durden

Fri, 03/09/2018 - 22:00

Saudi Crown Prince Mohammad bin Salman reportedly extracted $100 billion late last year from a group of dozens of Saudi royals and businessmen - many of whom were his own cousins - in a "corruption crackdown" that had all the makings of a naked cash grab.

After confining his countrymen to the Ritz Carlton Riyadh for months - even torturing some of those who initially refused to cooperate - the Prince won plaudits from the New York Times, but has been vilified elsewhere for his willingness to commit egregious human rights abuses - all to fill a hole in the Saudi budget.

Given the Saudi government's reticence about the crackdown, it's impossible to tell how much money was taken from each individual prisoner, making external evaluations of their post-crackdown wealth nearly impossible.

So perhaps it's unsurprising that Forbes Magazine has decided to exclude all Saudi Arabian businessmen from this year's list of the world's 100 richest people. Last year, 10 Saudi nationals made the cut.

Out of the 10 Saudi billionaires who made the Forbes list last year, at least four were detained - the most recognizable being Prince Alwaleed bin Talal, whose net worth last year was close to $20 billion.

As Forbes explains, given the Saudi government's reticence, it's impossible to tell how much money and assets were expropriated from each individual businessman.

https://www.zerohedge.com/news/2018-03-09/forbes-removes-10-saudis-100-richest-list-after-mbss-corruption-crackdown

Here's the list of Saudis that Forbes removed from this year's list, accompanied by their last confirmed net worth (courtesy of Forbes)

Samson » March 10th, 2018

Oil prices are recovering and rising about $ 2


10th March, 2018

Oil prices jumped nearly $ 2 on Friday, recovering from two sessions of losses as Wall Street rallied on strong job data in the US as investors were increasingly optimistic that a planned meeting between US President Donald Trump and North Korean leader Kim Jong-un may Easing geopolitical tensions.

Brent crude for the day closed at $ 1.88, or 2.96 percent, at $ 65.49 a barrel.

US benchmark WTI crude rose 1.92 dollars, or 3.19 percent, to close at $ 62.04 a barrel.

The benchmark crude oil prices ended the week with gains after losing last week. LINK

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PostSubject: Re: "Math" - Sat. AM KTFA Thoughts/News 3/10/18   Sun Mar 11, 2018 6:32 pm

In other words, nothing, absolutely nothing ....

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