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 "Going to Push the Button" - Wed. AM KTFA Thoughts, News w/ Frank26  8/29/18 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

"Going to Push the Button" - Wed. AM KTFA Thoughts, News w/ Frank26 8/29/18

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 "Going to Push the Button" - Wed. AM KTFA Thoughts, News w/ Frank26  8/29/18 Empty "Going to Push the Button" - Wed. AM KTFA Thoughts, News w/ Frank26 8/29/18

Post by Ssmith on Thu Aug 30, 2018 9:23 am


Jeanette » August 29th, 2018

My question, once the RI goes through the dinar will be worth more then the American dollar, that's all our hope. Or at least the same value. So why does Iran want the dollar so bad if the dinar will be worth more? I could be wrong in my thinking. Help me out here. Next, IMO, could it be that Iraq is taking their delegation to the US because they ARE going to push the button there? Thanks EVERYONE

BWS » August 29th, 2018

Jeanette- Iran is imploding right now and the dollar is the currency of the world. IQD doesn't help them pay the bills. They've been cut off and Iraq has been their best source. Each day that goes by puts them in a worse position and their people are boiling over.

As for question number 2- I'm sure the trip is related, might even be a final agreement meeting, but IMO he'll be home when the rate changes.

Samson » August 29th, 2018

Iraq achieves surplus of 14.9 trillion dinars during the first half of this year

29th August, 2018

The Ministry of Finance announced that Iraq achieved a surplus of 14.9 trillion dinars, "12.3 billion dollars" during the first half of this year

The Ministry of Finance said in a report published on its website titled "The State Account until June 2018" and read by "Economy News" that the total state expenditure during the first half of this year amounted to 30.4 trillion dinars, divided into 29 trillion dinars as an operational budget and 1.48 trillion dinars As an investment budget, indicating that total revenues during the first half of the year amounted to 45.3 trillion dinars

She added that the total oil revenues 40 trillion dinars, accounting for 88% of total public revenues, while non-oil revenue 5.21 trillion dinars, accounting for 12% of total revenue

According to the report, the size of the surplus is 12.8 trillion dinars, representing 12.3 billion dollars, while the Ministry of Finance ranked first in the most ministries spending of 7.45 trillion dinars, and then the Ministry of the Interior of 5 trillion dinars LINK

To download the report click here

JJonesMX » August 29th, 2018

PM @HaiderAlAbadi: I call on political blocs to accelerate agreement on a government program that serves the best interests of Iraqis pic.twitter.com/lhJdsj8mKn
— Government of Iraq (@IraqiGovt) August 29, 2018

Masoum and Zobaie confirm the importance of convening the first session of parliament on schedule

President of the Republic Fuad Masoum received the former head of the Integrity Commission Talal Al-Zobaie.

Statement of the Office of Masoum stressed that the two sides discussed the consultations and political movement between the political blocs, and the efforts to form the next government, stressing the importance of convening the first meeting expected of the new House of Representatives on schedule, and efforts to form the largest bloc.

The two sides stressed the importance of adhering to the constitution, maintaining the political process and developing it, in addition to the need to form a government that fulfills its responsibility and meets the aspirations of the Iraqi people.


Don961 » August 29th, 2018

Iraqis are the top buyers of real estate in Turkey

29/8/2018 12:00 am Capitals / follow-up morning

Foreign investors' purchases of Turkish real estate jumped 65 percent in July, the highest growth since the beginning of 2018, according to data from the Turkish Statistics Agency, while Iraqis issue the list of foreign investors buyers of Turkish real estate by 584 units in July, That the devaluation of the lira, open the appetite of foreign investors to increase their investment in Turkish real estate.

According to data from the Turkish Statistics Agency, the Iraqis issue the list of foreign investors buyers of Turkish real estate by 584 units in July, growing by 99.3 percent year on year, while Iranian investors made a remarkable surge in purchases of Turkish real estate to 321 units, a growth rate of nearly 334 percent compared to July 2017 .

The price of the Turkish currency has deteriorated significantly in the past period after US President Donald Trump announced a double tariff on US imports of steel and aluminum from Turkey, bringing the Turkish lira losses to about 40 percent since the beginning of 2018.

Sales of real estate in Turkey rose by 6.9 percent in the same period in 2017 to 123.9 thousand units. Mortgage sales accounted for nearly a quarter of sales by 30.4 thousand units. Sales of units for the first time accounted for 46.5 percent of total sales by 57.6 thousand units, Statistics Authority.

"Turkey's real estate sector is promising and attractive, as it blends old-fashioned and modernity," said Turkish real estate expert Aziz Pakan. "The decline in the Turkish currency over the past period has been an additional attraction for the sector by foreign investors and open their appetite for increased investment in Turkish real estate. "He said.

Bakan advised Turkish real estate investors not to sell their property and be affected by economic fluctuations, adding that the Turkish economy is strong and diverse and capable of facing US sanctions.

He believes that Turkey's trade and economic problems are temporary and can be overcome.

In general, sales of Turkish real estate in July rose by 6.9 percent over the same period in 2017 to 123.9 thousand units, and mortgage sales accounted for nearly a quarter of sales by 30.4 thousand Alone.

Sales of units for the first time accounted for 46.5 percent of total sales by 57.6 thousand units, while Istanbul accounted for 15.7 percent of sales, followed by Ankara 9.8 percent by 12.1 thousand units, and then Izmir by 5.1 percent of total sales.

Istanbul is the first destination for foreign buyers by 956 units, followed by Antalya with 641 units, then Bursa by 176 Alone.

Turkey faces US economic sanctions on its steel and aluminum exports following the arrest of a US priest believed to be involved in a coup attempt in Turkey.

The Turkish economy ranks fifth in Europe and 13th in the world, with a population of 81 million. link

StephenMac63 » August 29th, 2018

Ok, time to put on the Team Chat Thinking Cap, here we go. Let's take a look at this article and see if we can figure anything out with the data that's provided. The article speaks of an increase in real estate sales in Turkey.

Try and figure out how that is possible when the currency of Turkey, the Lira, has taken a dive in value. On one hand, we may think "Oh good, I can get a better house for the price being paid"....thats possible, to a point.

But what is interesting about the article is not so much the house sales........it's whos buying them. The article says Iraqi Nationals leads the list. Now who do you think would have a whole bunch of money laying around to buy a house in Turkey and why now?

Are we not to believe that Iraq is an economically deprived country operating on a program rate? They are, so who is it that has that kind of cash laying around? Ill give you a hint......Iraq just had elections and many people lost their seats......imo, those are the very same ones that are bailing Iraq to evade prosecution for embezzlement by purchasing a place in Turkey.

Take a look at the next largest group to purchase real estate in Turkey. Iran. Yep, good ole Iran, the country that has lost major value in its currency yet they have the cash to pay full face value for a house in Turkey. It isn't the average Mr. and Mrs. Iranian and family that will buy a house out of country.......it could be a business owner in Iran that might have a little bit of cash saved up but in all probability its the upper echelon of Iranian Government. This is their "Plan B" should things take a turn for the worse.

I would even guess that the Iranian General "Salamander" has a place there. Iran's Ayahtola exiled himself there during the Shah Reign.

During the reign of Maliki, London was the number one spot for real estate sales to the Iraqi Nationals (Gov Officials) Turkey seems to be the "IN" place now. What would happen to these residences when the former members of the Iraqi Parliament get rounded up, ohhh, they are not going to get off scott free, they will be held accountable.

Most probably the house will be sold off while the parliament member is sitting in jail and their family will have to make other accommodations. The money will be returned to Iraq coffers.

These are just some of the thoughts that get expressed in Team Chat and there are many which really get the thinking going, if you can swing it, join for a month, I personally think you would greatly enjoy it. IMO, of course

Frank26 » August 29th, 2018


Samson » August 29th, 2018

977 billion dinars to meet the needs of 10 provinces

29th August, 2018

The government information cell announced on Tuesday allocating about one trillion dinars to the provinces of (Basra, Dhi Qar, Najaf, Muthanna, Maysan, Diwaniyah, Baghdad, Wasit, Babel and Karbala) to meet their needs

"In implementation of the directives of the Prime Minister, the Council of Ministers allocated 977 billion dinars dinars to the provinces of (Basra, Dhi Qar, Najaf, Muthanna, Maysan, Diwaniyah, Baghdad, Wasit, Babylon, and Karbala Holy ) To meet their needs

"The allocation includes addressing the problems of the sectors (water, electricity, sanitation, municipalities / roads and bridges, health, education, water resources, industry, storage / siloat, poverty alleviation projects, "He said

"It also stressed the solution of the problem of water pollution in the province of Basra and accelerate the meeting of needs to provide the best services for the people of the areas of the province, has been allocated three million dollars to support water projects within the budget development regions LINK

Source policy reveals Ebadi's "settlement" of the salaries of the crowd and the appointment of a president and two deputies to the body

29th August, 2018

Iraqi Prime Minister Haidar al-Abadi re-energized the structure of the "popular mobilization" forces in accordance with the law passed by the parliament to regulate the work of these forces, which was placed under the command of the commander-in-chief of the armed forces, but confirmed that no changes have been implemented until now. On the leadership positions in the Commission

The news comes days after Abadi canceled a surprise decision issued by the deputy head of the Abu Mahdi Mahdi to withdraw the "crowd" from the liberated areas, and a week after the split of the head of the «crowd» proxy Faleh Fayad of the block «victory» led by Abadi and joining the alliance «Open "Formed from factions in the" crowd

Al-Hayat newspaper quoted the sources as saying that Fayyad and his deputy, Abu Mahdi al-Muhandis, issued a decision to withdraw the crowd from Mosul, Salah al-Din and other areas without referring to Abbadi. "The decision came as part of a political settlement between the Fatah blocs and leaders, Year to form the largest bloc

In response to this step, which Abadi considered a political and government double blow, the prime minister sought to move the structure of the "mobilization", including the linking of all members of the Authority to the security ministries, settling their salaries and determining the president and two senior military rank

But the sources confirmed that «some of the expected changes did not happen yet, and Abadi only distributed the powers of the popular crowd to the security authorities

"Now some of the powers of the chairman of the commission have been entrusted to the joint operations command

Sources close to the security decision-making described the situation between the Iraqi Armed Forces Command and the Popular Struggle Organization as "strengthening the administrative divide between military institutions and opening the way for their exploitation in the ongoing political conflict

The newspaper quoted other sources as saying «the administrative communication between Abadi (commander-in-chief of the armed forces) and the presidency of the popular crowd almost non-existent a week ago, and that the Commission is receiving contradictory orders some of which does not find its way to implementation LINK

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