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  "Curtain about to Rise" - Sun. AM KTFA Thoughts, News w/ Frank26 10/7/18

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PostSubject: "Curtain about to Rise" - Sun. AM KTFA Thoughts, News w/ Frank26 10/7/18   Mon Oct 08, 2018 7:33 am

KTFA

Samson » October 7th, 2018

Abadi coalition reveals a surprise: Abdul Mahdi may resign in this case


7th October, 2018

Ali al-Sunaid, leader of the Al-Nasr coalition, led by Haider al-Abadi, said that Prime Minister-designate Adel Abdul-Mahdi may resign from his pocket and submit it in case of any political pressure to impose candidates to certain ministries.

He added that "the political pressures on Abdel-Mahdi reveal this week and the next if any."
" Sinid said that" the coalition of victory with the hand of Adel Abdul Mahdi and give him full freedom to choose ministers, the prime minister should be freed from the influence of political parties and blocs, "he said. LINK

The victory coalition reveals a "possible" resignation of Abdul Mahdi

7th October, 2018

The coalition of victory, led by Haider Abadi, said Sunday that Prime Minister-designate Adel Abdul-Mahdi may withdraw his resignation from his pocket at any moment, because of some political parties

"The prime minister in charge of Adel Abdul Mahdi, may resign from his pocket and submit in the event of exposure to any political pressure to impose candidates to certain ministries," said the leader of the coalition Ali al-Sunaid to the Twilight News that "the political pressures on Abdul-Mahdi reveal this week and next that Found

"Sinid said that" the coalition of victory with the hand of Adel Abdul Mahdi and give him full freedom to choose ministers, the prime minister should be freed from the influence of political parties and blocs, "he said LINK

Frank26 » October 7th, 2018

(Big Smile)

Samson » October 7th, 2018

Statement of the Central Bank issued a second edition of categories (25000, 10000, 1000, 500, 250) dinars


The Central Bank of Iraq issued its second edition of the banknotes of the categories of (25000, 10000, 1000, 500, 250) dinars, stressing that he will continue trading circulation of cash currently traded from the above categories with the new categories without any intention to withdraw from circulation.

This bank shows that the variables on the above categories were as follows ....

For the categories (25000, 10000, 500, 250) JD, it included the writing of the name of the governor instead of signing it in the old version, in line with what is now practiced in other countries. The dates Hijri and Gregorian dates were also amended to date (1440 H-2018 AD).

As the category of (1000) dinars changed the face of the banknote, where the slogan "the inclusion of marshes and the effects of southern Iraq on the list of world heritage," instead of the image of the Islamic dinar in the old design, based on a decision in this regard in addition to writing the name of the governor also instead of signing In the old version and the modification of the Hijri and Gregorian dates to the two dates (1440 H -2018 AD).

https://cbi.iq/news/view/881



The Central Bank issues new editions of the national currency

7th October, 2018

Iraqi Central Bank announced on Sunday, for the issuance of the second edition of banknotes categories (25000, 10000.1000, 500.250) dinars. The bank said in a statement received by the agency (information), a copy of it, "will continue trading circulation of cash currently traded categories, with the new categories without any intention to withdraw from circulation."

He added that "the variables on the categories (25000, 10000, 500, 250) dinars, included writing the name of the governor instead of signing it in the old version, in line with what is now practiced in other countries, and the dates were amended Hijri and Gregorian dates (1440 H-2018 m ).

"The category of (1000) dinars has changed the face of the banknote, where the slogan" the inclusion of marshes and relics of southern Iraq on the list of world heritage "instead of the image of the Islamic dinar in the old design, based on a decision in this regard in addition to writing the name of the governor Instead of signing it in the old version and modifying the Hijri and Gregorian dates to the two dates (1440 H-2018 AD). LINK

Salamon69 » October 7th, 2018

Any thoughts.. quote from article on CBI. Says no intention to withdraw from circulation. Makes no sense... and they already announced last week they are lifting the,3 zeros.....

I think I know. They are releasing limited edition of these notes. And as Frank taught us. Probably releasing after rate changes as Iraq's would need $25,000 to buy a 25,000 note as it will be at least 1 to 1 with usd. And if citizen has higher note they will just deposit it in bank. Like the example of carrying around a 10,000 bill in United States. I think I get it. Maybe article is like China syndrome meant to confuse... as they will be announcing lower notes very soon

ONE last thought on that article. The higher new notes probably printed for the banks to have if there are large cash transfers between banks internationally if there are large transfers. Just enough and them that is it! The Lowe notes and coins seem to be about to be announced. This article was like the,opening act, and THE CURTAIN IS ABOUT THE RISE

Samson » October 7th, 2018

A deputy for Asroun calls for the travel of ministers and without them accused of corruption


2018/10/7 10:37

MP called on the mass of Sawson, Jawad al-Musawi, the government to prevent the travel of ministers and their deputies and owners of special grades who have files of corruption.

In a statement received by the agency {Euphrates News} a copy of it, that "the outgoing Prime Minister (Haider Abadi) and the Prime Minister in charge of forming the government Adel Abdul Mahdi, issuing instructions to all ports of travel to prevent ministers and agents and holders of special grades in the current government who have complaints Judicial files in the judiciary and the Integrity Commission is not yet settled."

"The fight against corruption should start from now," Moussaoui said, stressing "the non-politicization of files that condemn large figures in the country of ministers, agents and general managers." He pointed out that "there are many cases and accusations of corruption against the Ministry of Health and its departments throughout the country include all sections of that ministry." LINK



Banks contributing to the project of localization of salaries

7th October, 2018

https://cbi.iq/news/view/878

Doodlebug » October 7th, 2018

Good picture depicting all the different ways to access/use their salaries, my favorite is the "coin"...(smile)

AuthorSamOliver » October 7th, 2018

Here is the Link to the news site...Iraqi Community Voice News(I hope this is true. It is from an Iraqi Newspaper)

Coinciding with the victories of our security forces in Mosul, Central ..alpennek raise the price of the dinar against the dollar.

A source in the central bank said yesterday that the recent lifting of the price of the Iraqi dinar against the US dollar to coincide withthe victories of our security forces and is moving towards liberalization City Almousel.oukal source in a press statement singled out by all the news that the central bank decided to raise the value of the Iraqi dinar against the US dollar by financial mechanisms fall in its policies for indicating that these mechanisms are subject to the principle of supply and demand in the domestic market.

The source , who preferred not to be named , said the Iraqi dinar will see over the next few days , a significant rise in price against the US dollar. http://www.iraaqi.com/

Don961 » October 7th, 2018

Zimbabwe banks ordered to ring-fence foreign currency accounts


Central Banking Newsdesk

03 Oct 2018

The Reserve Bank of Zimbabwe has ordered banks to ring-fence nostro foreign currency accounts in what appears to be a step towards de-dollarising the country.

“This is essential in order to preserve value for money for the banking public and investors during the transition to a more market-based foreign currency allocation system,” the central bank said in its most recent monetary policy statement.

Such a system would be implemented once “the economic fundamentals are appropriate to do so”, it link

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