"Timing/Change" - Thurs. PM KTFA Thoughts/News 12/20/18

by **Ssmith** on Fri Dec 21, 2018 10:18 am

KTFA

2Cents » December 20th, 2018

Schedule of UN Operational Rates of Exchange

The Operational Rates of Exchange were last updated for the effective date in accordance with the schedule below and thereafter until further notice.

Publishing Date Effective Date
12 Dec 2018 14 Dec 2018
27 Dec 2018 31 Dec 2018

Walkingstick » December 20th, 2018

The timing/ change of the exchange rate, of.. any country... is not, dictated ..by, the date/s listed on the UN operational rate/s of exchange...

Goldenboy » December 20th, 2018

I agree Walkingstick. If they plan to do this on a moments notice, it will be a flip of the switch in the middle of the night. The element of surprise has to be installed here. There are billions of dollars at stake here and the ones in charge don’t want to show their cards on this deal!

Jay » December 20th, 2018

Well said…..It would not show on the UN site first anyway. We would see it on the CBI site long before the UN posted it. Imo UN op rates site is NOT the FIRST place we should all look for a rate change. CBI is and ONLY the CBI will have it posted before anyone else. In fact ALL banks globally look on the CBI site to see the rate or the CBI sends their rate to all global banks instantly. However it works. Which is what WS is saying to us in part <---- IMO.

Iobey777 » December 20th, 2018

I agree!! IMO..it will be done without a big announcement BEFORE...but AFTER..the world will be talking about it, as Walkingstick has told us..it will be all over the news!!! IMO!

Don961 » December 20th, 2018

Thursday, 20 December 2018 18:49

Video .. Iraq enters the stage of danger with debts reached 130 billion dollars in 2018

In 2018 , the economic challenges faced by Iraq, especially the fluctuation in the energy sector due to the high and low rates of oil exports and smuggling in this sector, according to a report broadcast by Al-Ghad channel entitled " Iraq's debt amounts to 130 billion dollars in 2018."

The industrial sector in the country remained almost paralyzed, but the agricultural sector witnessed a marked improvement in the industrial sector.

In this context, said Hamid Nayef, spokesman for the Ministry of Agriculture has been declared self-sufficiency of agricultural crops with an opportunity to export potential.

The problem of restoring infrastructure has not been accomplished much and Iraq has not Is to offer investment opportunities to foreign companies such as signing contracts with Siemens and General Electric to solve the problem of power outages.

Iraq's debts internally and externally amounted to 130 billion dollars, equivalent to 60 percent of Iraq's domestic exports , which put the country at the stage of economic risk.

(VIDEO LINK) LINK

US State Department personnel being evacuated from Syria - US official

All U.S. State Department personnel are being evacuated from Syria within 24 hours, a U.S. official told Reuters, after the White House said it had started withdrawing U.S. forces.

The official said the U.S. plans to pull military forces out of the country once the final stages of the last operation against Islamic State is complete, and that the time-frame for the troop pullout is expected to be between 60 to 100 days.

The decision came after a phone call between U.S. President Donald Trump and his Turkish counterpart Tayyip Erdogan on Friday. "Everything that has followed is implementing the agreement that was made in that call," the official said.