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"Good Guys have a Handle" - Sun. PM KTFA Thoughts/News 7/22/18

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"Good Guys have a Handle" - Sun. PM KTFA Thoughts/News 7/22/18

Post  Ssmith on Mon Jul 23, 2018 9:21 am

KTFA

Don961 » July 22nd, 2018


Our friend Mr. N. Says some currency speculators had a plan to manipulate the exchange rate to their own advantage .... By publishing fake news .. Making disparaging remarks about the CBI's work to steady the exchange rate ,, keeping the 2% compliance , following IMF/UST guidelines .. And even exploiting the demonstrations by saying the rate would tumble in all the chaos .. But it seems the good guys have a handle on things

Samson » July 22nd, 2018

Comprehensive economic reform and the involvement of the private sector in the next government is the solution to the problems of Iraq


22nd July, 2018 by Samir Nusairi

My beloved country is witness these days demonstrations in the central and southern provinces and Baghdad, called by our people the government to provide basic services and urgent, which has not been secured within fifteen years ago for subjective and objective reasons, notably poor management and financial and administrative corruption and lack of jurisdiction in the institutions that provide services and most important of electricity and water and high ratios Unemployment reached 40% in some governorates, and I think that the main reason is the lack of competence and competence of the leadership and middle leadership in these service institutions. In addition, the procedures of radical and comprehensive economic reform, ​

​And the people have given an excuse to the government during the war on terrorism and contributed with the government to achieve victory and expulsion from Iraq was expected to begin the transition from war to peace and reward the people to provide services and reconstruction and investment and reduce unemployment, People wish

Therefore, we note that the enemies of the people and the crisis traders began exploiting the citizens' legitimate protests by attacking the successes of the Central Bank. They published fraudulent columns to confuse the daily work of the government and private banks. They also questioned the intentions of the demonstrators and threatened them with damaging the public money.

The Central Bank's press statement stated that these uncles had forged their plans, Enemies of success spread that the dollar exchange rate would rise due to events and failed again. Therefore, I confirm that the wise policy of the Central Bank proved that it is not affected by crises

And here I think that the solution to all the problems of Iraq is the real reform of the economy and the selection of economic and financial leaders and competent and successful, which have previous experiences and the adoption and involvement of the private sector in the next government and in all fields and disciplines LINK

Doodlebug » July 22nd, 2018

There are a lot of squirrels running around, but to me, there is no way the UST, USA (Trump), IMF, WB, WTO, UNSC, FATF, HMT, France returning $23M back to the CBI, "unfrozen Assets" from UN returned or being returned, abcdefg etc... would give a thumbs up to Iraq if they had trouble hooking up a computer due electricity and corruption problems? THEN, you see up in Nineveh Provence, they just started an "Electronic Administration Project" which is a database.. how can this happen when they just told us this area is a "wasteland"? Again, just my little opinion but wanted to share it. Chew, chew, chew!

Samson » July 22nd, 2018

3 economic events awaiting the global markets during the week


22nd July, 2018

Global markets are looking for 3 economic events this week, most notably economic growth in the United States

A large number of companies and banks are also reporting their results for the second quarter of this year, led by Apple, Amazon and Visa

US economic growth

The United States will release preliminary economic growth data for the second quarter of this year on a positive outlook

It is estimated that gross domestic product in the world's largest economy grew 4.1% from April to June

In the first quarter of this year , US economic growth was 2%, up from 2.2% in the fourth quarter of last year

The data for the first quarter of 2018 indicated that fixed foreign investment, personal consumption expenditure, federal government spending, exports and domestic government spending contributed positively to US GDP growth

European Central Meeting

European Central Bank (ECB) monetary policy officials will meet on Thursday amid expectations of a rate hike

At the last meeting, the European Central Bank set the date for the end of the quantitative easing program, which is scheduled for December

Before the end of the program, the bank will reduce its purchases of bonds by 15 billion euros starting in October

The minutes of the recent ECB meeting showed that inflation expectations measures are improving markedly and are increasingly consistent with inflation targeting near 2%

In June, inflation in the euro area hit the bank's target at 2%

Business results

A large number of European banks and companies are reporting business results for the second quarter of this year

Some 180 companies in the Standard and Poor's Index reveal their financial results for the week, including Amazon, Twitter, Visa, Ford, Apple, Coca-Cola and McDonald's

So far, Microsoft, BlackRock, General Electric, IBM, Goldman Sachs and JPMorgan have announced the results of their quarterly work LINK
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