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 "2 Weeks Time" - Wed. AM KTFA Thoughts/News 9/26/18 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

"2 Weeks Time" - Wed. AM KTFA Thoughts/News 9/26/18

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 "2 Weeks Time" - Wed. AM KTFA Thoughts/News 9/26/18 Empty "2 Weeks Time" - Wed. AM KTFA Thoughts/News 9/26/18

Post by Ssmith on Thu Sep 27, 2018 8:01 am


Samson » September 26th, 2018

The arrest of the owner of a banking office in Nineveh accused of terrorism

2018/9/25 19:45

Anti-organized crime squads on Tuesday arrested the owner of a banking office in Nineveh accused of terrorism.

"According to accurate information, the anti-organized crime squads in Nineveh province, working within the Federal Intelligence and Investigations Agency at the Ministry of the Interior, are able to arrest an accused, With a warrant for the arrest of terrorist cases. "

He added that "the accused is the owner of one of the banking offices and was caught with the criminal offense and is transferring funds out of the country without the approvals of fundamentalist, the process was done after taking the approvals. LINK

For fear of being questioned in a deal worth $ 10 billion .. Iraqi minister is undergoing a process of "change face"

25th September, 2018

Former Iraqi Finance Minister Rahim al-Darraji has revealed that a former Iraqi minister has operated on a "face change" in America to escape accountability for a $ 10 billion "deal".

"Abdul Qadir al-Obeidi, who took over the Defense Ministry from June 2006 to December 2010, has a deal worth 10 billion dollars, which no one has been asked about until now," Al-Darraji said in an interview with Mawazine News. Fled to America and underwent a process to change his face ".

The Darraji said that" the 10 billion remained in the neck of Abdul Qadir from the effects of armaments and contracts, "stressing that" everyone knows his partner, who shared the deal with him but they do not talk." LINK

GodsServant » September 26th, 2018

A whole new Meaning of the term TWO FACED..............GITMO>>>>>>>AWAITS

Intelligence sources: unknown parties behind the crisis of small currencies and the Central Bank reveals the truth

26th September, 2018

Intelligence sources revealed on Wednesday unknown sources accused of being behind the "crisis" of small monetary groups "Fakkah."

She stressed that these parties are buying the amount of 100 thousand dinars from the small cash categories at 110 thousand dinars, which is denied by an economist, stressing that the Central Bank of Iraq will solve the "crisis" during the next two weeks.

Since the beginning of this year, the local market has witnessed a suffocating crisis in the availability of small denominations of coins (1000 dinars, 500 dinars, 250 dinars), until the price of one hundred thousand dinars of small currencies worth 110 thousand dinars.

Intelligence sources said that "unknown and unknown bodies, whether internal or external, are behind the scarcity of small cash groups from the local market."

"Since the first half of this year we have observed a new situation in the Iraqi market, the purchase of one hundred thousand dinars of small cash categories of 110 thousand dinars in the categories of more than five thousand dinars and above."

The sources attributed this to "an attempt to reduce the value of the Iraqi dinar against foreign currencies, so that whenever the small groups disappeared, dealing with the higher categories, and thus become the last categories is the currency traded in the market."

However, economic expert Hammam al-Shamma said that it is not so and what is happening now is a "temporary situation."

He said that "the scarcity of small groups of the Iraqi currency in the market is a temporary situation because the central bank cut large amounts of them and once it starts pumping in the markets gradually ending the crisis."

"The phenomenon of small groups is small because of the frequent circulation and need by small sellers, so they are sold at a price higher than their relative value and when the market is available, the crisis ends."

Al-Shamaa denied that there are "parties behind the crisis of small cash groups," adding that "the crisis will end within two weeks after the Central Bank pumped quantities of small groups."

Drivers of public transport, shop owners and markets told Al-Ghad Press that they are facing a "real crisis" in providing small cash groups and are often embarrassed both by their customers and public transport drivers, who said the crisis affected their daily income.

A number of the drivers of the medium transport buses (Koster) and small (Kia), some of them buy the 25 thousand dinars of small groups at a price of 27500 dinars.

"We are facing a big problem with small currencies, but they are concentrated in the category of 500 dinars. Most of the passengers pay 1,000 dinars and they have 500 dinars left. We have the right to repay them, but from where we do not exist in the market, we have to pay them back, 1000 dinars) some of them do not take it and few take it, but the result both of us damaged, passengers pay 1000 dinars twice the fare, and the driver waives his wages. LINK

Unknown parties behind the "crisis" of small currencies and the central bank enters the line

26th September, 2018 LINK

Don961 » September 26th, 2018

Perhaps it’s some sassy someone behind the scenes that’s buying up the smaller notes … to force the issue ( new issues ?! ) …. get the old ratty-looking notes off the street .. and get those new ones out there with better security features …enhanced traceability .. they’d be easier on the eyes to look at …etc . … something that could also add to the country’s prestige in the eyes of neighbors … and the world ….

the new notes could even take on higher value at some time soon … imo

so .. there’s no conspiracy to reduce the value of the iqd by buying up and dumping the smaller categories , leaving only higher categories ,, and making it look like the currency is in trouble ..

this “crisis” could resolve within 2 weeks time in your opinion Mr. Shamaa ? Once the CBI starts pumping the newer ,shinier notes they have printed in abundance into the marketplace …

“Al-Shamaa denied that there are “parties behind the crisis of small cash groups,” adding that “the crisis will end within two weeks after [url=https://www.thebaghdadpost.com/ar/Story/t/1486/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A]the Central Bank[/url] pumped quantities of small groups.”

LarryH » September 26th, 2018


1amwright1 » September 26th, 2018

Studies say rates before lower currencies....just saying

​Samson » September 26th, 2018

Jeweler: America and Saudi Arabia have no control over oil prices

26th September, 2018

Oil expert Hamza al-Jawahiri said on Wednesday that the United States and Saudi Arabia have no control over oil prices, especially that the world as a whole suffers from a shortage of oil, indicating that Iraq will benefit from higher prices and increase its oil production and exports.

Al-Jawahri said in a statement to Al-Mawloma that "the markets suffer from oil in addition to the sanctions on Iran will reduce the quantities of oil in the markets more, and therefore there will be a significant rise in oil prices despite the US attempts to reduce this increase through the sacrifice quantities Big in global markets ".

"America has no other than its 10 million barrels of oil per day and consumes it all, since America and Saudi Arabia do not have the possibility of increasing oil prices because Saudi Arabia also needs to develop new fields to pump oil to control prices," he said.

"What led to the increase in oil prices is the need of the market for fuel, and everyone expects the price of a barrel to $ 100, but it is also expected during the meeting of OPEC in December, to pump large quantities of oil in order to reduce the rise in prices "He said.

"The situation of stability in oil prices is required for the producer and consumer. For Iraq, the rise in oil prices is a positive factor, and can increase Iraqi oil exports to compensate for the shortage in markets after the imposition of sanctions on Iran." LINK

Samson » September 26th, 2018

America is making progress on oil producing countries

26th September, 2018

Revealed the US site "ShareAmerica", he said the United States made Saudi Arabia and Rca in oil production during the current year.

The site said that America exceeded Russia in the field of crude oil production for the first time in two decades, in June and August 2018, according to new figures and statistics.

He noted that the United States had already exceeded Saudi Arabia in oil production in February 2018, the first time in more than 20 years, according to estimates by the US Energy Information Administration.

The agency expects US crude production to continue to outperform Russian and Saudi production for the remaining months of 2018 and 2019.

The increase in US energy production is good for countries in the world looking for reliable oil and gas supplies from free markets. A boon to the economy and national security of the United States.

Among the allies who import crude oil from the United States are Canada, India, South Korea and Italy.

The agency estimates that the average crude oil production for 2018 will reach 10.7 million barrels per day, showing strong growth compared to an average of 9.4 million barrels in 2017.

The site pointed out that the huge growth, due largely to what is known as the "American Rocky Gas Revolution" , And US companies use innovative technology to access resources that could not be extracted before.

Last year President Donald Trump celebrated the beginning of a new era in American energy and production when he announced new efforts to lift restrictions on energy production in the United States.

Despite rising demand for oil domestically, the United States is expected to export more than 10.7 million barrels of oil per day this year, the White House said. This figure is close to double the rate in 2017.

In addition to crude oil, US production of all liquid petroleum products is on the rise. The International Energy Agency estimates that by 2023, the United States will be the world's largest oil and gas producer, producing more than 17 million barrels a day. LINK

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