Don't WAIT!

Sunday, June 21, 2015

Tidbits From Frank26 and KTFA Members Late Saturday Night

KTFA:

Frank26:
  NOTE once this is done article 8 articles will follow.....rapidly
( see article below)   KTFA  Frank


BigIron:  Yes sir. I pray that the family understands how important article 8 is to our investment. Article 8 and the HCL are what this old timer has been waiting patiently to be implemented.

Frank26:  IMO....... 1 out of 2 ain't bad.

IMO ....... HCL in the Budget awaits ...... Article 8 !   Strong IMO.    KTFA  Frank


Walkingstick  » June 20th, 2015, 11:01 pm 

Iraq is seeking to get "credit rating" reasonable

Adel Abdul Mahdi - 06/21/2015 - 1:00 |
....
In the past week it took place in Istanbul intensive meetings with two of the three for "credit rating" global institutions ("Fitch" and "Moody's") ..

The third did not contribute to a "Standard & Poor's", (which lowered the credit rating of the United States in 2011 from AAA grade to grade + AA) .. and three of the top international banks and is "Citibank" and "JP Morgan" and "Deutsche Bank" , all of that on the one hand .. and the Iraqi Minister of Finance and Planning, oil and central bank governor and deputy national security adviser, as well as senior advisers and experts, lawyers for the parties involved.

The aim evaluating the credit situation of Iraq, which is the "Unclassified" (NR, Not publicly rated), and even lower than the lower grades D .. The highest grades are AAA. The higher the "Category" ahead whenever facilitated transactions rose admissibility and decreased interest rates, and vice versa .. especially that Iraq is seeking to put government treasury bonds in international markets to enhance the finances in the face of fluctuations Alsoq.msr for example classified BB, and Iraq is seeking to obtain this classification or more .

Iraq missed for a long time for global markets, and led the wars and internal situation conflicting long to the collapse of the financial and economic reputation, especially after the accumulated debt and devastated the economic structure, and become a country totally dependent on oil .. Therefore, the meetings were the need to strive for the restoration of the situation.

There is no doubt The most dangerous threat any country is drowning in debt .. But what is more dangerous than getting hurt that country's economic infertility and stop the development process, and begin to produce increasing rates of poverty, ignorance, underdevelopment and unemployment.

Although the mobilization process development and launch of internships, but this process will remain Off and truncated without markets and relationships and global transactions .. and the world today -_khasossa in the financial buildings and-economic is a world structured, ie it controls the phenomenon and hidden, the senior interests and states play Adora essential. The decisions in these forums, in spite of all that is in them from the figures, information and professional, but also the decisions of the interests and impressions wrong and not necessarily an objective and fair decisions.

In any case, does not reflect the religion itself for Adzao palaces as long as invested in the areas of development, investment and infrastructure or social services that develop resources population and human, and as long as there check on the payment. The United States is one of the greatest economies, is also the largest debtor country in the world ..

They and other major countries, all of the city, occupies the highest rates of "Category" global. So it was to give the International Monetary Fund for Iraq in 2004 "loan crisis", evidence of Iraq efficiency in the payment of its debts, it infers the states and institutions in dealing with Iraq, which was a key step in the "Paris Club" negotiations to get the greatest reduction obtained by the average country income such as Iraq, ie 80-90% of the total debt of $ 120-130 billion.

Therefore it boasts top international companies got high as loans, as a sign of confidence by the banks and their ability to repay and invest the money in growing areas.

http://ift.tt/1K4eAzf


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Lexi  » June 21st, 2015, 1:16 am 

Hey Frank great to see that blue:) hey if you don't mind I have one quick question please?
Is it possible for them well I know this is Iraq so anything might be possible but can they release their new credit rating to the world without having to show the rate? Just wondering your opinion on his.


 I'm just thinking in my mind that if they reveal that rating to the world surely they would have to start selling those bonds quickly. And we all know that rate will get leaked out if they try to sell them and still not showing the new rate in my opinion.

So I guess what I meant was can they show the new rating to world and just wait longer on selling those bonds to the public? So therefor show the rating but still not have to put out the new rate or do they have to go hand in hand with one another in your opinion?

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Bluedog 
» June 21st, 2015, 1:50 am 


Breaking News CBI Governor assures agreeing with Banks Union on unified exchange rates
2015/6/20

Baghdad (Forat) –The Governor of Central Bank of Iraq, Ali al-Allaq, assured that the Central Bank of Iraq agreed with the Banks Union on unified USD-IQD exchange rates.

http://ift.tt/1GAGsHA

WHAT IS THAT UNIFIED RATE? ..............
JUST DON'T KNOW YET BUT MAYBE THEY ARE READY TO TALK Bluedog

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Frank26:  IMO .......... Yes.  KTFA   Frank


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Walkingstick   » June 21st, 2015, 7:33 am 

CBI News & Announcements

To / brokering the sale and purchase of foreign currencies approved all companies ( instructions regulating the work of brokering the sale and purchase of foreign currencies firms )
21/06/2015

http://ift.tt/1ei96fB

Dnari131  » June 20th, 2015, 11:55 pm 

HERE COMES INTERPOL ON THE MALIKI GOONS I'M THINKIN....

Arrest warrants for 15 Iraqi ministers on corruption charges

Saturday, 20 June 2015 13:42

http://ift.tt/1K4eyHV

InterpolIraq's Commission of Integrity has contacted INTERPOL to help capture these officialsIraq's Commission of Integrity announced on Friday that 1,668 officials, including 15 former ministers and 122 seniors have been indicted for corruption, Al-Araby Al-Jadid reported.

Chief of the Commission Hassan al-Yassiri said in a press conference that arrest warrants were issued for the accused for theft of public funds, embezzlement, bribery, corruption and other issues.

"This number is for this year only," Al-Yassiri said, "we hope the Iraqi executive authorities respond to the warrants and arrest the culprits." He said that the Commission had contacted the international police (INTERPOL) for this purpose.

Meanwhile, Al-Yassiri said that 373 persons, including three seniors had been arrested. He also said that the total sum ordered to be returned to the national treasury was 889 billion Iraqi dinars. There are still larger amounts to be investigated.

Speaking to Al-Araby Al-Jadid on the issue, Iraqi economic analyst Adnan Abdul-Wahid said: "Billions of USDs were stolen by Iraqi officials... The reason behind the current financial crisis in the country is that the previous government had stolen the budget."

http://ift.tt/1dVDx2b


 

 



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