Don't WAIT!

Friday, September 18, 2015

More News, Rumors, and Opinions Early Friday Evening 9-18-15

KTFA:

Frank26:
KTFA FMILY......... WE WANT TO TALK NOW !!!!!!!!!!!!

Look......... WHO said to You THREE WEEKS ago ........ GET THE DAMN LAWS WE WANT OR BE PUT ON A ...... BACK LISTED!!!!!!!!!!!!!!!!!!

TODAY ........ TA DA. (See Article Below)

MONDAY CC........ We explode with more THREE WEEK FUTURISTIC STUDIES !!!!!!!!!!!!

KTFA   Frank

....
**********

walkongstick After the threat of the "black list" .. Iraq admits "money laundering"

After threat 21:27 09/18/2015

World Bank pushed the pressures on the Iraqi government and brandishing put Iraq on the black list of the Iraqi parliament on Wednesday to pass legislation past the law of "money laundering and combating the financing of terrorism," just days before the deadline.

The Council of Ministers approved in, June 30, 2015, on the draft anti-money laundering and terrorism financing law.

And it accused the CBI of being soft on smuggling billions of dollars through shady business deals to buy hard currency from the daily auction managed by the Bank.

The financial crisis led to the imposition of restrictions on the purchase of the dollar from the central auction requests, but observers believe that the recent mechanisms do not prevent bleeding currency operations and money laundering.

A report prepared by the Parliamentary Finance Committee, early last August, revealed that one Iraqi banks to transfer amounts exceed the budget of some neighboring countries, pointing out that dozens of front companies operating as fronts for the commercial banks involved smuggling currency since 2012.

The report goes back to late last June during the setback suffered by the Iraqi dinar exchange rate against the dollar after that.

The central bank took out, early last June 14 banks waged from the auction currency for failing to pay the amount of remittances taxes and customs, but returned on June 20 and canceled a decision that sparked widespread controversy and caused a striking rise in the US dollar exchange rate against the local currency.

The appearance of Mohammed Saleh, Economic Adviser to the Prime Minister, said, in July, that 5% of the gross domestic product of Iraq seeps through money laundering.

In this context, the Attorney-Jabbar al-Abadi, a member of the Parliamentary Finance Committee, says that "the vote on the money laundering law and the fight against terrorism by the House of Representatives will prevent the smuggling of money."

He said al-Abadi (range), "This law will establish a new office to determine money laundering and watching the money in and out of Iraq movement."
He pointed out that the MP, "the World Bank and international financial institutions of the Iraqi government demanded enactment of Money Laundering Act before October next threatened the impact of Iraq on the blacklist."

Explains the Finance Committee member that "the situation in Iraq on the blacklist would deprive the government of dealing with global and international banks in the financial Thoilath," adding that the legislation of Money Laundering Act and combating the financing of terrorism was "consistent with international law applies with the standards set forth."

For its part, see Rep. Najiba Najib, a member of the Economic Committee, said that "legislation Money Laundering Act is long overdue after smuggling billions of dollars out of Iraq," arguing that "global crime to recover the funds in the countries where their laws and control weak wash".

Najib added, that "Iraq according to international institutions has become in the black area because of the money laundering operations," but believes that "money laundering legislation law will address the smuggling operations as well as the financing of terrorism."

It said the Iraqi Central Bank, that "the House vote on the Money Laundering Act will provide a legal framework for the banking sector in the fight against money laundering and the smuggling of money."

In turn, said Ali Safi, the National Alliance MP that "the law came in the presence of bank fraud for many of the banks and the banks of the Iraqi civil and governmental organizations through the use of technology and modern technology."

He added net, that "the adoption of lead-money laundering law to the formation of a new council to monitor the transfer of funds out of Iraq as well as those who want to finance terror operations, which means a gradual elimination of currency smuggling operations."

http://ift.tt/1KrpaeN


***********************************

Stage3Alpha:

Wilbur Grodan:  The USDX is an arbitrary index which measures the performance of the NY Fed bank notes against six major currencies.  It appears to be in a downtrend which is likely to benefit undervalued currencies should the trend suddenly accelerate.
Picture
TNT:

ECB:  When it is Printed ""The ministry will on Sunday 20/09/2015 the distribution of the salaries of the Ministry of Oil, and followed by the Ministry of Transport and Communications, and the Ministry of Trade and Planning, and the Ministry of Education will try to pay the salaries on 09.22.2015." Does that mean the people in the street that are protestors get paid by the different Ministries.

Garfield:
  No it means that the people who work in those government ministries are going to get paid.

************

Harambe:  China Is Hoarding the World's Oil http://bloom.bg/1OC2qyK

http://ift.tt/1KVkYKB

************

Tishwash:   Citigroup: These Are the Currencies to Buy After the Fed Meets

Thanks to Grateful

Look to U.S. stocks for guidance.

Currency traders wondering how to navigate the Federal Reserve’s rate decision on Thursday should look to the U.S. stock market as a guide, according to Citigroup Inc.
"The rule of thumb is that you trade European currencies and safe havens if the market response is anomalous – tighten and equities rally, or sound dovish and equities fall,'" Steven Englander, global head of Group-of-10 currency strategy at Citigroup in New York, wrote in a note. "If the market reaction is in the standard direction – rates and equities move in opposite directions – you buy and sell currencies with betas at opposite ends of the spectrum,'' he said. 

For Citi, that means buying the yen and selling the Brazilian real, Australian dollar and New Zealand dollar if stocks decline after the Fed’s first rate increase in almost a decade.


Here are some of Citi’s other suggestions:

·        If the Fed stands pat and stocks rally, do the exact opposite: buy Brazil’s real, the Australian dollar, and the New Zealand currency, and sell the yen.

·        If the Fed raises rates and U.S. stocks rally, buy the greenback, the Mexican peso and the Canadian dollar. Sell the yen, the euro, the Swiss franc and the Swedish krona.

·        If the Fed is dovish and stocks fall, buy the euro, yen, Swiss franc and Swedish krona. Sell the dollar.

 http://ift.tt/1YgucFb

************

Tishwash:  For the seventh consecutive week, thousands of demonstrators are demanding real reforms

There are a ton of articles out talking about the people still demonstrating…this one is a good one 

http://ift.tt/1FlCxkG 

Launched thousands of citizens in a number of provinces of the Middle Euphrates and the south Friday afternoon in the new demonstrations for the seventh consecutive week to demand accountability and to expedite the prosecution of corrupt government and activating the reforms.

The correspondent of Radio tow in Basra, said hundreds of people gathered in front of the Office of the governorate building amid tight procedures and carried placards to express their demands, which included the provision of jobs for the unemployed and find a fact solutions to the problem of salinity of the water and the release of salary arrears popular crowd.

He added that some of the demonstrators held up banners calling for the disbanding of the provincial council and the election of an independent governor, while others carried banners demanding that the reforms be real and affect Mufdsin in government departments and judicial institution.

In the province of Dhi Qar, our correspondent said that hundreds of protesters set off from Habboubi Square, which gathered this afternoon in which the direction of the provincial council building, which was surrounded by dozens of riot police as well as the deployment of barbed wire in the surroundings.

The correspondent said the protesters demanding the closure of the Council building and refused to reforms made by the addition to the implementation of the recommendations released by the religious authority during Friday sermons.

As it demonstrated in thousands of people in the province of Diwaniyah amid the province to demand the speedy implementation of the Prime Minister Haider al-Abadi reforms.

The correspondent of Radio tow that thousands of people of the province participated in the demonstration started from the middle of street processions Husseiniya district center and turned to government buildings and local government to demand the dismissal of the governor and the head of the Supreme Judicial Council as well as to speed up the implementation of reforms promised by the prime minister.

The correspondent added that the demonstrators also demanded the accountability of the corrupt in the legislative and executive branches.

Hundreds of residents of the province of Maysan also organized a demonstration to demand that central architecture of the three presidencies implementation of reforms launched by the Prime Minister Haider al-Abadi, the judiciary and the dismissal of Prime Medhat al-Mahmoud.

In the province of Muthanna, hundreds of residents demonstrated in front of the council building of Samawah to press for reforms and solving Council Council.

A number of demonstrators to the correspondent of Radio tow the provincial council that did not meet their demands while the voice of the new governor Faleh Ziadi, stating that they will spend Baanjajhm until achieving their demands, which comes on top of her head to dissolve the council and the fight against corruption.

They said the prime minister Haider al-Abadi Authorization failure to exploit people who gave him the religious authority did not take to conduct real reforms and corruption hit the capital.

As correspondent pointed out that the demonstration had been launched at five o'clock in the evening amid tight security from Samawa towards Corniche street processions Hosseinieh down to the provincial council building.

In Wasit hundreds of civilian activists and citizens organized a mass demonstration Kut's city center to demand better services and the fight against corruption the center of the spread of heavy security.

According to media reports, the demonstrators chanted angry slogans against corruption and called for more effective measures to combat it, as well as the claim by providing jobs for the unemployed and reduce slack from government positions, indicating that the security forces have spread extensively, in case of any breach of targeting demonstrators.

As Hundreds of citizens of Karbala amid the province to confirm their claims that they offered during the previous demonstrations while underlining the resolve of the provincial council and the sacking of their portfolios, noting that government reforms package is still shy in their actions.

The media reports indicated that the citizens of Karbala are still demanding the sacking Mahmood resolution of the provincial council and the sacking of Karbala governor Akil Turaihi, without that there be government responses.

"The package of reforms launched by the Prime Minister Haider al-Abadi did not affect the big spoilers and Alras which stands Brigade those files," describing those actions Balkhjulh.

Hundreds of residents of the province of Babylon also participated central city of Hilla, a demonstration to demand the dismissal of the governor endorsed the meaning of Royal resolution of the provincial council, while stressed the need to reform the judicial system and amend the country's constitution.

In Najaf, dozens of residents of the province organized a demonstration center of the province called it the designation "continue" and called for reform of the judiciary which.

According to press reports that dozens of people of the province demonstrated, this evening, under Mjsr Revolution Square twentieth amid the province to demand the implementation of reforms and to respond to the calls of religious reference.

Meanwhile thousands of people flocked to Tahrir Square in central Baghdad, to demand reforms and continuing the fight against corruption, while security forces cut off roads and bridges leading to it.

According to press reports that thousands of citizens arrived in Tahrir Square to participate in the demonstration, demanding constantly reform measures and an end to the administrative and financial corruption and hold negligent.

She added that the security forces cut off roads leading to Tahrir Square began Kahramana Square and part of the Abu Nawas Street and a number of other subsidiary streets.

The capital Baghdad and the provinces of Babil, Karbala, Najaf, Diwaniyah and Muthanna, Dhi Qar, Wasit, Maysan and Basra, Diyala is witnessing massive demonstrations since more than a month to condemn the poor services and corruption in government and judicial institutions.


via Dinar Recaps - Our Blog http://ift.tt/1FlCxkH

No comments:

Post a Comment