"Pull the Trigger" - Tues. PM KTFA Thoughts/News 4/10/18

by **Ssmith** on Wed Apr 11, 2018 8:13 am

KTFA

Walkingstick » April 10th, 2018

URGENT Cabinet launches cash subsidies to citizens
http://alforatnews.com/modules.....yid=162890

Council of Ministers Launches Conditional Cash Benefits for Citizens [Expanded]
http://www.alliraqnews.com/modules/news/article.php?storyid=72572

Coming soon: Launch .... (big smile)

Get1Later » April 10th, 2018

Could they JUST SAY IT.....THE LOWER NOTES !!!! Thank You Walkingstick!!!

Pattycakes77 » April 10th, 2018

OH MY !! THIS SPEAKS VOLUMES. PULL THE TRIGGER. IRAQ

StephenMac63 » April 10th, 2018

IMO, you are looking at the slow rollout unveiling of Article 8. To me they are setting themselves up by honoring the requirements of Article 8, once everything has been fulfilled then they can prove to the world they are Article 8. This is the process that is unfolding right before our very eyes.

Samson » April 10th, 2018

Ministry of Finance of Kurdistan Announces a schedule for the salaries of 19 ministries and bodies according to the new system

10th April, 2018

Ministry of Finance and Economy in the Kurdistan Regional Government, announced a new schedule of salaries of a number of ministries and bodies.

The ministry said in a statement today that, "will be on Tuesday 1/4/2018 payment of salaries:

- martyrs and Anfal and political prisoners

- Ministry of Martyrs and Anfal Affairs

- Ministry of Transport and Communications.

And will be on Wednesday 11/4/2018, the salaries of these ministries:

-Ministry of Municipalities

-The Ministry of Electricity

Ministry of Construction

-The Ministry of Planning

The salaries of the following ministries and bodies will be paid on Thursday 12/4/2018:

- The Judicial Council

-Ministry of Justice

- Ministry of Natural Resources

-Ministry of Commerce and Industry

-Integrity Commission

-Electoral Commission

-Investment Authority

-Human Rights Commission

-Environment Agency

- The Kurdistan Region Authority outside the administration of the region

- Landmine Authority

-Office of Financial Supervision. LINK

Newspaper policy reveals a request submitted by Abadi to Trump

10th April, 2018

Iraqi Prime Minister Haidar al-Abadi called on US President Donald Trump "more support and cooperation to secure the Iraqi-Syrian border infiltration of terrorists inside Iraqi territory," Al-Ghad newspaper reported

Al-Abbadi held talks with the American president on Sunday evening, focusing on the security situation in the country and the ongoing Iraqi military operations to end the presence of special elements in the western areas near the international border. Iraq

The newspaper quoted what it described as Iraqi sources, "requesting more security and intelligence cooperation from the US president in order to thwart any terrorist action targeting cities and border areas to affect the security situation in general and the course of the upcoming elections

Iraq is currently deploying large numbers of police, army and popular crowd on the border to counter any attempt to attack or infiltrate inside Syrian territory into Iraq

The sources said that the Iraqi prime minister told the American president that the Iraqi forces "can confront the elements of the terrorist organization, but they need support and support of intelligence and information, and Iraq" urges the coalition forces to hit the concentrations of terrorists inside Syrian territory, especially after the withdrawal of those elements of cities and villages Syria and directed them to areas close to the common border

The talks between Abadi and Trump came after a surprise meeting between Iraqi Prime Minister Haidar al-Abadi and the National Security Council on Sunday. He discussed the security of the western border, the threat of terrorists and the arming of the Iraqi army with modern equipment and weapons. Weaponry LINK

Pattycakes77 » April 10th, 2018

Samson thank you for finding articles on Vietnam. The dong seems very promising in the near future IMO.

Samson » April 10th, 2018

Vietnam : Moody’s gives positive ratings to four commercial banks

10th April, 2018

Moody’s also raised the baseline credit assessment (BCA) for four Vietnamese commercial joint stock banks

Moody’s Investors Service has upgraded the long-term local-currency bank deposit ratings and local- and foreign-currency issuer ratings of three banks in Việt Nam from B2 to B1.

The banks are Asia Commercial Joint Stock Bank (ACB), Military Commercial Joint Stock Bank (MBBank) and Việt Nam Technological and Commercial Joint Stock Bank (Techcombank).

Moody’s also raised the baseline credit assessment (BCA) for these three banks from B2 to B1.
“For ACB, the upgrade of its BCA reflects its improved asset quality, following the good progress in the resolution of its legacy problem assets, including the problem assets related to six companies tied to its former vice chairman, Nguyễn Đức Kiên,” Moody’s said.

ACB’s problem loans ratio, as adjusted by Moody’s, declined to 0.95 per cent at the end of 2017 from 2.99 per cent at the end of 2016, driven largely by the full write-down of the VNĐ1.5 trillion (US$66 million) of bonds issued by the Vietnam Asset Management Company (VAMC), it added.

Similarly, MBBank’s problem loans ratio fell from 4.7 per cent in 2016 to 2.9 per cent in 2017 mainly due to the full write-off of VAMC bonds for VNĐ3.4 trillion.

Moody’s expects ACB and MBBank’s asset quality to remain stable over the next 12-18 months on the back of an improvement in the operating environment, which will in turn support the repayment capacity of the bank’s borrowers.

As for Techcombank, its BCA upgrade is driven by improved solvency metrics for capital, asset quality and profitability.

Moody’s estimates that the bank’s tangible common equity to risk-weighted assets increased to 14.5 per cent, from 9 per cent in 2016, giving Techcombank the largest core capital buffer among the 16 Moody’s-rated banks in Việt Nam.

At the same time, Moody’s has affirmed the long-term local- and foreign-currency deposit and issuer ratings of Việt Nam Prosperity Joint Stock Commercial Bank (VPBank) at B2 and upgraded the bank’s BCA to B2 from B3.

The upgrade of VPBank’s BCA takes into account the bank’s high profitability, as well as its improved capital buffer. The BCA also considers VPBank’s heightened credit risks from its consumer finance portfolio and weak problem loan coverage compared with its domestic and global peers. LINK