Delta and KTFA Members Sunday 11-11-18

11/11/2018
 
KTFA:

DELTA:  CBI DID NOT REPORT AUCTION FOR TODAY!!!  

Popeye7:  I wonder why?... HMMMM...

Samson:  Yep I've been looking all night where I regularly get them from and thought to myself mmmmm - no auction - berry berry interesting Watson

ChrisC:  I am going to assume (usually a bad thing) that since you are making a point of this that they did not have an auction earlier for today and that they have not ever done this before.  Is that right?
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Doc.K:  Iraq received 45 day waiver with Iran  on November 9.  That expires Monday December 24th , ...... last full week of 2018……Just sayin ......

Cecilia123:  Would someone please explain to me what this means as far as the waiver with Iran is now December 24th?  That it has been extended?  

Samson:  I posted this one the other day which mentions the 45 days - LINK

The US Embassy in Baghdad revealed Thursday some facts about the sanctions that have come into effect on Iran and its relationship with Iraq.

"Iraq is a friend and a partner of the United States, and the latter is committed to its stability and prosperity," the embassy staff said

Pointing out that "the US administration granted Iraq temporary exemption from sanctions on Iran, for 45 days, to allow him to continue to buy natural gas." Pointing out that "the sanctions imposed on Tehran, do not target food and medicine

Cecilia123:  What does a waiver for 45 days to trade with Iran mean to with Iran mean to our investment?   Is iran still demanding to be paid now for their electricity bill to Iraq?  Does this mean that the payment demanded has been extended to December 24th?   Does this his mean that payment has been waived?  

DELTA:  NO...………. PAYMENT TO BE PAID ASAP...…... IRAN WANTS THE MONEY NOW!!!

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Samson:  "Central Bank: We have come a long way in enhancing Iraq's status"   LINK

Rich4hyip:  I know,  I know…. its not a easy job. We have come a long way and well, so don’t be afraid, don’t hesitate, be confident and just do it. I know you can.

Mopairman:  You have come a long way, now finish it and delete the zeros.

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Samson:  Agenda of the session of the House of Representatives for tomorrow

11th November, 2018

The Presidency of the House of Representatives published on Sunday, the agenda of the parliament session on Monday.  "The agenda of the 13th session, which will be held on Monday, 12 November 2018, includes a general invitation for discussion in the presence of the Governor of the Central Bank and members of the Board and Director of the Iraqi Trade Bank," the Presidency said in a statement received by Mawazine News. 

The statement added that "the agenda will also include draft federal budget law of the Republic of Iraq for the fiscal year 2019 in the presence of the government committee," pointing to "the discussion of the issue of the points of customs created between the provinces during the session." 

The House of Representatives, raised on Saturday, its meeting to Monday, after voting on the permanent parliamentary committees and members, in addition to the vote on the consolidation of committees and reduce the number to 21 with the introduction of a new committee to become the number of 22 committees.   LINK

Samson:  Fouad Hussein visits the Baghdad exhibition and confirms: The next phase is moving towards strengthening the economy

11th November, 2018

Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein on Sunday visited the Baghdad International Fair during the opening of its 45th session, while stressing that the next stage is moving towards providing services. 

"Hussein visited the Baghdad International Fair accompanied by Commerce Minister Mohammed Al-Ani and Chairman of the National Investment Authority Sami Al-Araji. He opened the Baghdad Pavilion for Renewable and Sustainable Energy and visited a number of Arab, international and Iraqi pavilions," the ministry said in a statement.

"The convening of the Baghdad International Fair this economic forum is of great importance, especially after the great victory and the liberation of land from the grip of terrorist organizations," he said, adding that "the next stage is moving towards providing services."    LINK
 
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Samson:  Al Ahli Bank signs agreement with IFC

11th November, 2018

Al-Ahli Bank announced on Sunday the signing of an agreement with the International Finance Corporation concerning the bank's accession to the World Trade Finance Program through which the Corporation will guarantee the bank 10 billion dollars against letters of guarantee executed by the Iraqi bank to its customers. The agreement is an important "starting point" for the bank

"The bank signed a memorandum of understanding (MoU) with the Iraqi National Bank and the International Finance Corporation (IFC) today with regard to the NCB's accession to the World Trade Finance Program, through which the Corporation will guarantee 10 billion US dollars against letters of guarantee Which is implemented by the Iraqi bank to its customers

"The memorandum of understanding concerns the Bank's support in terms of enhancing corporate governance to ensure best practice in this area, especially as it has been announced by the Governor of the Central Bank to issue a revised guide to the modified governance of banks," Al Salem added. Al Ahli to the global trade finance program because it gives the ability to finance companies and global banks and ease the conditions required by the international banks, the most important of which is cash

"The Iraqi Bank has been able to open up to the outside world, which enabled it to obtain trade finance and a number of correspondent banks, which enabled it to provide foreign trade financing through the volume and appropriations issued about 700 million dollars in 2017, That "the reopening of the border with Jordan, which led to the increase in trade exchange between the two countries since the beginning of this year, and we expect that the credits will see further increase during the current year

Al-Salem said that "the bank obtained the first place in the exploitation of the initiative of the Central Bank related to the financing of small and medium enterprises and occupies the second place among the private banks in the project to settle the salaries of employees," noting that "the Central Bank hailed the bank's development of the banking sector and the Iraqi economy "He said

"The signing of the agreement is an important starting point for the bank to develop and move towards the networking of international relations and the stabilization of its position and foreign relations, as it is an important and vital issue in the banking sector," said the governor of the Central Bank, pointing out that "the banking sector without a real arm And extensive external relations can not be able to progress and development and the completion of many services and products

He added that the banking sector in Iraq has begun to be of importance to international institutions, as well as expressing the opposite of confidence in dealing with the issue

He continued: "At the level of Iraq, we have taken an important step in strengthening Iraq's status in the classification of combating terrorism and the financing of terrorism, which has become an issue in the dealings between countries," pointing out that "the classification was obtained by the international financial work that moved Iraq during the two years of the region Gray to an ongoing area to the continuous follow-up area to which all the country is subjected, and this gave strength in dealing with foreign institutions

He pointed out that "a series of actions took place within the banking sector through the promotion and consolidation of international practices and standards that have been able to move the banking sector to another situation, and there are other applications in compliance and the principles of governance," noting that "the central bank developed the banking sector, To absorb internal and external financial transactions and implemented advanced protection systems and the national payment system is one of the most advanced systems in the world      LINK


Samson:  Parliament votes on the Standing Committees and hosts the Governor of the Central Bank on Monday 

2018/11/10 18:17 

The Council voted on the distribution of deputies to the permanent committees.  Al-Halbusi announced the hosting of the House of Representatives Governor of the Central Bank and advanced cadres in the session on Monday.  Then it was decided to adjourn the meeting until Monday, 12/11/2018.   LINK

MilitiaMan:    Watch and see if we get a fully legitimate GOI before or at the same time that Alak gets the nod for GOV of the CBI.. His name is on the new currency we hear.. lol .. imo ~ MM

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Samson:  Iraqi President off to Kuwait today with "a gift"

 11th November, 2018

During today’s visit of the Iraqi President Barham Saleh, a part of the Kuwaiti archives and properties shall be handed to the Kuwaiti authorities.

The one-day visit shall discuss bilateral relations with Kuwaiti senior officials, to be followed his second-leg in his Gulf tour to the United Arab Emirates.

Politicians believe that this move is an expression of an Iraqi good-will to Kuwait for future cooperation.

On the other side, the Kuwaiti authorities are still demanding the know the fate of 369 missiing Kuwaitis since the end of the Gulf War I.

No information was given by the Iraqi authorities on additional Gulf countries to be visited by President Saleh.

Saleh was sworn in as president of Iraq on 2 October, 2018.   LINK