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Saturday, April 9, 2016

News, Rumors, and Opinions on a Quiet Saturday Morning 4-9-16

Dinar Updates:

Q:[...US Secretary of State John Kerry met at the US embassy building in Baghdad delegation of the Kurdistan region, headed by the Prime Minster Nechirvan Barzani and the new Kerry during the meeting support for the province of Peshmerga forces...] 
 
Poppy3:  Kerry...FOR WHAT HIS WORDS ARE WORTH...HE PRAISED IRAQ'S PROGRESS IN MANY AREAS AND TOLD THE PEOPLE OF IRAQ TO BE PROUD AS THEY ARE ABOUT TO RE-ENTER THE GLOBAL ECONOMY.

HE HAS TONS OF DIGNATARIES WITH HIM FROM OTHER COUNTRIES.

RUMOR SAYS THEY HAVE PROMISED THE PROTESTORS AND ARE HANDING THEM A 50 DINAR BILL TO GET THEM TO STOP THE PROTEST FURTHER. MOST WHERE ACCEPTING IT AND LEAVING .

TIME WILL TELL…. ARE THEY READY OR NOT.
....
Dinar Updates Cont…….

Q: [did iran change value today? i had seen a report of its value against iraq and the dollar.] 

Millionday  : THEY HAVE A PLANNED PARTY ON THE IRAN AND IRAQI BORDER WITHOUT VISA RESTRICTIONS TO CELEBRATE TRADE.   IMO --- THE MANY THINGS GOING ON ARE AMAZING DUE TO THE TIMELINE...

Millionday   Article quote:  "(Declaration ) of the Central Bank of Iraq will launch national bonds ( nominal ) in Iraqi dinars ( on behalf of the Ministry of Finance) in nominal terms on 2016 / 3 / 15 and ending in 2016 / 4 /14 Bosaddarah of five categories" 
 

IN MY OPINION --- IT WOULD BE ECONOMIC SUICIDE FOR A BOND TO BE ISSUED AND THE SECURITY MARKET TO RAISE IN VALUE A LOT. 
 
Q: [is it possible to see a rise in the value of the dinar during the life of these bonds?] 

Millionday:  IT IS POSSIBLE TO SEE A RISE IN VALUE AT ANYTIME IMO.

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firefly "Design and implement an Integrated Financial Management Information System (IFMIS) with the assistance of the World Bank; as a first step, adopt, by end-April 2016, a road map detailing its core functional requirements..." ...adopt, by end-April 2016...

IMF's words, not mine. I'm not giving dates/deadlines...IMF and Iraq is!

A country has to send the IMF a letter of intent prior for approval...Which then goes to the BIS for the seal of approval...The BIS then informs the IMF.

IMF stated that Iraq WILL join the global economy during the 1st half of 2016.

Actual wording was… The global market...Sounds good to me.

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WingIt:

Seahorse:    http://ift.tt/1Ylgvmz   Richest banker going down.

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WSOMN:

Kaiser72:  I wonder if this has anything to do with some of the big bank earning announcements coming later in the week?

Federal Reserve announces an emergency meeting for Monday 4/11/16

April 13, 2016 JP Morgan Chase & Co
 
April 14, 2016 Wells Fargo & Co, Bank of America
 
April 15, 2016 Citigroup
 
 Advanced Notice of a Meeting under Expedited Procedures
 
It is anticipated that the closed meeting of the Board of Governors of the Federal Reserve System at 11:30 AM on Monday, April 11, 2016, will be held under expedited procedures, as set forth in section 26lb.7 of the Board's Rules Regarding Public Observation of Meetings, at the Board's offices at 20th Street and C Streets, N.W., Washington, D.C. The following items of official Board business are tentatively scheduled to be considered at that meeting.
 
Meeting Date: Monday, April 11, 2016

Matter(s) Considered

1. Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks.
 
A final announcement of matters considered under expedited procedures will be available in the Board's Freedom of Information and Public Affairs Offices and on the Board's Web site following the closed meeting.
 
For more information please contact: Michelle Smith, Director, or Dave Skidmore, Assistant to the Board, Office of Board Members at 202-452-2955.

Supplementary Information: You may contact the Board's Web site at http://ift.tt/w79jyq for an electronic announcement about applications and other expedited items, as well as procedural and other information about the meeting.
Dated: April 7, 2016

http://ift.tt/1Ylgxe3
 
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TNT:

Elmerf123456:  Morning advice! Here's a good tactic to live by. Believe only 10% of what we hear out there. We know what to do. Expect 0% to happen, but be ready of course, and pleasantly surprised when the reality hits.

The comfort is in the knowing. The excitement is in the going!

There are no coincidences. Logic always prevails and there's so much logic out there that should have all you knowing where we're headed!

If you know the complete big picture and how it all relates, you know ​change is coming and I'm not speaking small change. http://ift.tt/1TIjne2

RE: Rumored Okie post late Friday night:

Elmerf123456:  As far as Okie Posts, no one should get all worked up over any of those. I speak to him every week. I can always take it direct to the source if necessary and get us the truth.

FYI. He's a good man recovering from surgery and feeling better and doesn't post anywhere anymore so someone took an unauthorized approach. I'm not saying the info wasn't real, I am saying however he did not post, and that's a fact!

Okie and I have become very close. He will let me know the real deal and he still has great contacts

Everyone have a great day and RELAX!

TnDr:  Thank you Elmer...please give our regards to Okie...

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CBL:  This is good: http://ift.tt/1Ylgxe7
Cavacino: THANK YOU FOR THE VIDEOS THERE ALL GREAT... IM HOPING OUR FIREWORK SHOW WILL BE BIGGER FRANKIE VERY PRETTY THO GOD BLESS

PappaJ:   CAT, INTERESTING FOR F26 TO SAY KTFA FIREWORKS AT THE 37 SEC MARK IN THE VIDEO----- REMEMBER IRAQ HAS A HISTORY OF DOING THINGS ON THE 7TH AND LAUNCHING ON THE 8TH ----- HUUUUUMMMMM ?????

JUST SO HAPPENS THAT IT WAS THE 8TH YESTERDAY ,RIGHT FRANKIE????? BTW WHAT TIME WAS IT LOCAL FRANKIE ? WAS IT 8 PM????

IF SO GIVE BAC DOC A SHOUT OUT---- 8@8  HE IS LIKES AFFIRMATION !!!

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Don961:  Oil Exports ahead of Plan

April 9, 2016 in Iraq Oil & Gas News

By John Lee.

Reuters reports that oil exports from Iraq’s southern ports have risen to an average of 3.494 million bpd in April, from an average of 3.286 million bpd in March.
The South Oil Company‘s assistant general manager, Basim Abdul Kareem, added that export volumes in March and so far in April are higher than planned.
(Source: Reuters)

http://www.iraq-businessnews.c.....ad-of-plan

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> 

China Reaches $20bn Trade with Iraq

April 9, 2016 in Iraq Industry & Trade News, Security

By John Lee.

The Minister of Foreign Affairs, Dr Ibrahim Al-Jaafari, received a copy of the credentials of the new Chinese Ambassador to Iraq, Mr Chen Weiqing, at the ministry Headquarters..

Last year, trade [between Iraq and China] reached $20 billion, and today Iraq represents the third largest partner in the Arab world,” Mr Chen Weiqing revealed, affirming that China is continuing to provide assistance to Baghdad in various sectors, especially, the humanitarian and service sectors that include electricity and telecommunications.

He also asserted the keenness of the Chinese government on increasing the level of assistance this year to ¥160 million, with the first tranche to be delivered this month.
(Source: Ministry of Foreign Affairs)

http://ift.tt/1TIjpT4


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