Frank26 and KTFA Members Tuesday 10-9-18

10/9/2018
 
KTFA:

Frank26:  AS I SAID LAST NIGHT .............. WILL NOT SAY MUCH MORE.

BECAUSE YOU KNOW THE ONLY THING WE SEEK.

THAT IMO IS COMING.

SO UNTIL THEN ..................... ENJOY THIS KTFA KONA ............ YES IT'S OLD BUT IT'S NEXT

TY DON961 \M/

Published Features of New Iraqi Currency After Deletion of Zeros 3/31/18
 
Dannair publishes the features of the new Iraqi currency after the deletion of zeros
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 The Central Bank decided to adopt some of the landmarks and images to be placed on the new currency after the deletion of zeros .. The agency received a copy of the Central Bank's book, which included cultural and historical landmarks and images to be placed on the currency with the implications of the nearby to the minds of the public And the culture of the Iraqi ..

 According to the book: The paper currency included a number of monuments and images, the most important, a picture of the bridge of the imams and the significance of the significance of high value if the bridge reaches between the two sides of the Tigris River and on both sides of the observers Imam Musa Kadhim (p) and Abu Hanifa Numan (Raz).

The book of the bank entitled to the Directorate Nation for issuing cabinets: that this image allocated to the highest class of the new currency, a category (200) dinars and two hundred dinars on the back of this paper put a picture of the school Mustansiriya in Baghdad .. He added the central bank: (100) dinars, one hundred dinars, pictures of the Zouaiya area in Baghdad, one of the ancient areas in which the bridge was built suspended one of the achievements of the Iraqi state .. 

Iraq is one of the leading countries in the construction of this type of bridges and shows in the picture building the Central Bank of Iraq , In addition to the building of the University of Baghdad, which is the oldest scientific institution in Iraq in the second half of the twentieth century, while on the back of the paper image (Zaqora), one of the features of the Iraqi architecture at the dawn of history ..

 The book of the Central Bank: (50) dinars (fifty dinars) picture of King Claudia one of the most famous kings of the dynasty The second pillar (the twelfth king) is the god of growth and fertility, while the back of the paper included a picture of the fortress of Ahkaydir, an archaeological fortress dating back to the Abbasid period and the unique defensive fortresses in a desolate area such as the one built there. This fortress is located to the southwest of the city of Karbala. 

central bank : In the face of the paper of the category of (25) dinars (twenty five dinars) put the image of King Hammurabi receives the law .. This son is the father of the spiritual father of human legislation as he wrote the rules governing the life and transactions in his famous Muslim either the back of the paper has included a picture For the agriculture of Kurdistan Iraq contributes with the men in the preparation of the field of agriculture .. 

The Central Bank: Put on the face of the banknote of the category (10) dinars (ten dinars), the image of the dinar Arab Islamic and represents this dinar, which was minted under the Umayyad state The Islamic state that strikes inside the state is one of the features of the state Sovereignty and economic independence, while the back of the paper has placed a picture of the lighthouse of humpback in Mosul, one of the distinctive features of urban in our beloved Iraq .. ​

In the category of (5) dinars (five dinars) has placed on the face of her paper a picture of a total waterfall on the Iraqi Kurdistan, a reference to the interest of the state water and its sources inaddition to interest in tourism and the environment either the back of the paper has been placed a picture of Nakheel Iraq is a sign and property for each land The central bank said in writing: In line with the best applications and global experiences, decided to stop the basic features of banknotes of the categories (25000,10000,5000) dinars Currently in circulation in the new series (25.10.5) dinars for the public A thousand with it as it was imprinted in his memory. 

The Bank pointed out that it is keen to choose designs for coins that are general and comprehensive and have a positive impact on all the Iraqi people. The coins are shown on the map of Iraq and highlight the Tigris and Euphrates rivers.

The map shows a circular area to stabilize the coin coin category. Of the coins included, first category (2) dinars, a picture of (Deir Mti), a historic and spiritual site located in northern Iraq, and taken by the Iraqis from various sects and religions a place of tourism and tourism. While the category (1) dinars picture taken from the fact that the displacement of the Faily Kurds was designed by the Ministry of Culture. (500 fils) was placed on a modern dam on the Euphrates River.

It was intended to highlight the importance of water and its storage and organization in Iraq. In the category of (250) fils, pictures of the Kut dam were placed on the Tigris River for the same purpose. ) Fils, a picture of the Lion of Babylon symbol of strength and violence of the Iraqi nation.

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SJosh:  IMO,  This is ALL very calculated.

The reason they re-issued the 250 and 500 (and 1000) is multi-fold:

1 - Citizens haven't used these bills for a LONG time since they're worth ~0.25-.50 cents equivalent USD. Now that Iraq has stopped MCP, including the USD, they are using Dinar in-country. That means they begun using these bills again in order to make lower change amounts.

2 - These bills were VERY worn/torn. OK. Pull them from the market to replace them the CBI says..

3 - But wait! We are going to issue all these new very low denomination notes (1,5,10,20, etc.) very soon! Why would we bother issuing NEW version of the OLD notes?
Because it is the MOST PERFECT bridge for the citizens, of course!!!!!

4 - What did they do with these NEW issues of the 250 and 500?? They issued them with the NEW lower denomination features!

5 - So, citizens get used to using 100% of their currency again, while consecutively getting used to low(er) value Dinar notes using the NEW currency format!

Bravo, Iraq!
Bravo, CBI!
Bravo, Citizens!
Bravo, Frank and KTFA teams!

This is SUCH a HUGE indicator of where they are in the process Remember the importance of the CITIZENS in the MR process. Keep them happy, keep them in the loop, everything goes SMOOTH as BUTTER.
 
 

 



Samson:  "International Monetary" Iraq's economy is expected to grow

6.5% in 2019

 9th October, 2018

The International Monetary Fund (IMF) expects Iraq's economy to maintain its annual growth rate of 2.2 percent over the next five years, ending in 2023.

The IMF's latest report on prospects for global economic growth indicated that the real GDP growth rate of the Iraqi economy by the end of this year is expected to reach 1.5%.

Economic growth is expected to reach 6.5% in 2019.  

While the IMF is expected to stabilize the inflation rate in the country at 2.2% in the current year and next year.   LINK
 
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Samson:  The IMF reduces its outlook for global economic growth

 9th October, 2018

The International Monetary Fund (IMF) has lowered its forecast for global economic growth for 2018 and 2019, saying trade policy tensions and tariffs on imports have adversely affected trade

The new outlook was announced in the Indonesian resort of Bali, where the International Monetary Fund (IMF) and the World Bank are holding their annual meetings, proving that the strong growth spree triggered by US tax cuts and rising import demand has begun to weaken

The International Monetary Fund, in an update of its global economic outlook, said it now expects global growth of 3.7 percent in 2018 and 2019, reversing its July forecast of global growth of 3.9 percent for both years

The reduction reflects a combination of factors including the exchange of US and China tariffs on imports, the decline of the Eurozone countries, Japan and Britain, and the increase in interest rates that are putting pressure on some emerging markets with capital flight, especially Argentina, Brazil, Turkey and South Africa

With most of the impact of the China-US tariff war beginning next year, the IMF cut its US growth forecast for 2019 from 2.7 percent to 2.5 percent while reducing its growth forecast for China in 2019 from 6.4 percent to 6.2 percent . The IMF left its growth forecast for 2018 unchanged at 2.9 percent for the United States and 6.6 percent for China

The IMF cut its growth forecast for the eurozone in 2018 from 2.2 percent to 2 percent as Germany was particularly hit by a fall in manufacturing orders and trade volume   LINK

Samson:  America’s Opportunity in Iraq

A new government in Baghdad can make real progress if the U.S. offers the right kind of support

 7th October, 2018 by Eli Lake

The new government in Baghdad has evoked two broad reactions in Washington: hope and dread.

My Bloomberg Opinion colleague Meghan O'Sullivan is encouraged by Iraq's new president and designated prime minister, Barham Salih and Adil Abdul-Mahdi. Both men have longstanding relationships with the U.S. government and have played important roles in building a new Iraq from the ashes of Saddam Hussein’s tyranny.

Senator Marco Rubio is more pessimistic. Looking at Iraq’s new government, he declared Iran the “clear winner,” tweeting that the chief of Iran’s potent Quds Force, Qassem Suleimani, had brokered the deal for the new government.

U.S. and Iraqi officials with whom I spoke told me the Iranians did not get everything they wanted, but neither did the Americans. Salih and Abdul-Mahdi represent a kind of compromise. The Iranians supported the coalition of Shiite religious parties represented by former Prime Minister Nouri al-Maliki and militia leaders like Hadi al-Amiri. Iran also favored another Kurdish candidate for the presidency favored by a rival Kurdish party.

U.S. special envoy Brett McGurk, on the other hand, favored the slate of candidates affiliated with Prime Minister Haider al-Abadi. McGurk was instrumental in getting the Iraqi parliament to support al-Abadi over Maliki in 2014, a key condition for deeper U.S. military involvement in the fight against the Islamic State.

In the end, it was an Iraqi who was most influential in the negotiations: Grand Ayatollah Ali al-Sistani, the 88-year-old head of the Shiite hawzas of Najaf, set the stage for Abdul-Mahdi’s selection as prime minister when he released a statement urging “new faces” in the next government. That ruled out Maliki and al-Abadi.

Sistani’s position was understandable. The party that won the largest bloc in parliament in May was affiliated with the rebellious cleric Moqtada al-Sadr, a leader of the Shiite insurrection against U.S. forces in Iraq in 2004 and 2005 who has emerged as a fierce critic of Iranian influence in Iraq in recent years. His bloc, which includes communists and other outsiders, was most blunt in criticizing the corruption that has become endemic to Baghdad politics.

The unrest and desire for change has only become more pronounced since the spring. Protesters torched government ministry buildings and the Iranian consulate last month in Basra, Iraq’s third largest city and an important hub for its chief export, oil. They demanded more jobs, a functioning power grid and an end to widespread corruption. One of the organizers of those protests, a human rights activist named Suad al-Ali, was shot dead in the street last month.

Al-Ali’s murder also coincides with renewed threats from Iranian-backed militias against the U.S. U.S. officials tell me there is an increasing risk that those militias intend to kidnap Americans in Iraq. That’s one factor that led the U.S. to suspend operations in its consulate in Basra. Another is U.S. allegations that those militias fired rockets and mortar rounds at the consulate last month.

Hostility between the U.S. and Shiite militias is nothing new. One such group, Asaib al-Haq, was responsible for the brutal murder of U.S. troops near Karbala in 2007. More recently, however, there has been an uneasy ceasefire between U.S. forces and the militias during the fight against the Islamic State.

What does all this have to do with the new government in Iraq? Between the election in May and the recent protests in Basra, Iraqis are making it clear that they don’t want to be a vassal state of Iran. This presents an opportunity. The new Iraqi government will have to show its independence. With a little skill and luck, the U.S. can quietly give Abdul-Mahdi the support he needs to push back against Iran and address the economic misery in places like Basra.

To do that however, the U.S. needs to signal its commitment to Iraqi cities under threat from the militias. Barbara Leaf, who served as a senior U.S. diplomat in Basra in 2010 and 2011, told me when she served there, the consulate was shelled two to three times a week. By suspending operations in Basra, she said, the U.S. is sending the wrong message “not just to the Iraqi government, but to the Iraqi people.”

She’s right. And there is another audience for this message: Suleimani and his many proxies in Iraq. Surely he needs to know that a few threats and errant rockets cannot drive the U.S. out of a city whose people are fed up with the thieves and terrorists he has empowered.   LINK