.Bits and Pieces in Dinarland Monday Night 6-18-18

6/18/2018

KTFA:

Manaolana3: Frank,

For reasons stated earlier, I wish to respond to your question to the family from the previous thread, "From 1 to 10...What would you rate your next Monday CC at?" Allow me to quantify your question with just a few of many reasons based on our studies.

Samir Nusairi stated, "We have to develop the stability of the exchange rate, stop using the auctions, stop using the MCP's, return to real banking. Iraqi banks reached out to the international banks. We want to implement this immediately."

WS, "Respect the first quarter, because you will see the banks work.

WS, "They are no longer doing the steps, they are implementing it. It's a synchronization of many things occurring right now before your very eyes."

Ws, "They were Article VIII compliant in the first quarter."
....
​WS, "It is not to hold the 2% compliance to become Article VIII compliant. It's the usage of Article VIII to hold and maintain the 2% compliance in their variance. That is the goal! The 2% was accomplished because of the tools of Article VIII.

"Article VIII was used as a tool to remove the restrictions and the parallel market rate vs the official rate. The 1190 is to keep it on par with the USD, or greater; parody at 1:1. They mirror each other. The 1190 is to setup a suitable environment, and a synchronization of the steps to a reinstatement."

WS, "Banks in/out of Iraq were notified by the CBI to update their software."

WS, "Unfreezing of the CBI assets by UNSC occurred in first quarter of 2018."

IQD is ready to leave the borders of Iraq, to go into the global markets, to go into the international markets. No more restrictions on the IQD."

WS, "It's not the step that is being done, it is the steps that are being done to implement the banks around the world that are tied into the CBI."

"These are colossal, Paul Bunyan steps," says Frank.

Frank, "The reinstatement steps is the "New Lava Flow."

WS, "This is what they do at the very end."

WS, "Give me the speed of this direction."

The CBI is following the Turkmenistan road map to the letter. A synchronization of things still to come are the 3 Ultimate's 1) BB's outside of Iraq 2) Electronic boards/Presentation Boards in the banks and financial institutions 3) release of Article 2. In addition, continuing education of the citizens concerning the small notes, release of the new exchange rate, delivery of the small notes to the ATM machines, banks given a 24-hr advance notice from the CBI to turn on their ATM machines, recognition of the Iraqi Dinar (IQD) as an international trade-able currency by all banks tied globally to the CBI.

WS, "There's more coming." It's apparent for the reasons stated, and much more that we studied, but not mentioned above, and still more to come per WS, that every CC has been nothing less than Phenomenal...Colossal...Epic! Therefore, for obvious reasons stated, I give it a resounding 10!!! Mana'olana3

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Samson: The Sadrist movement establishes a condition for Abadi to take over a second term

18th June, 2018

The map of the new Iraqi government will be clear features after the Eid," pointing out that the Iraqi Prime Minister Haider Abadi will be among the proposed names of the next prime minister

Al- Obaidi said in a statement to Al-Hayat that "re-counting and manual counting of a certain percentage of the ballot boxes in my opinion, will not affect the share of the ballot boxes. (S) of the seats that won in the elections that took place recently, but may change some of the winners in the individual lists, especially if the results of the elections were canceled abroad"

The leader of the Sadrist movement and the alliance of other Moqtada al-Sadr has announced on Tuesday an agreement with the leader of the Fatah bloc Hadi al-Amri to shape "

The announcement of the alliance of the leader of the Sadrist movement in Iraq, Moqtada al-Sadr, with the factions of the popular crowd led by Hadi al-Amiri surprise to the political and popular, amid the prospects of the decline of the chances of Haider Abadi to become prime minister
​The alliance of Sadr and Fatah away from the alliance, "victory" led by Prime Minister Haider Abadi, who came close to the alliance, "Saron" during the past days, where Sadr on the most appropriate support for Abadi terms, amid leaks on Abadi's rejection of those conditions

The alliance has 54 seats in the parliament, the Fath Alliance 47, and the stream of wisdom 20, and the National Coalition 20 seats, and a total of 140 seats, may constitute a difficult figure in the Iraqi political equation

The Kurdistan Democratic Party has 25 seats, while the National Union has 19 seats LINK

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Whitelions ...the C.B.I has the LAST and ONLY word on how the monetary system works and they have TOLD the PEOPLE that there will BE NO FLOAT.

Courtesy of Dinar Guru

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TNT:

Greatly Blessed: "The event of the week" .. The decisions of central banks shape the world markets

17 June 2018 06:58 PM

From - Sally Ismail:

Mubasher: The world is always looking at monetary policy decisions in the largest economy around the world, making it arguably the most prominent event in global markets last week.
The strength of economic performance has helped the US gradually shift to more aggressive monetary policies, and the ECB is following the same trend as the eurozone's GDP is recovering.

Federal Reserve decision

In the context of further easing monetary easing, the Fed took the second step of its kind this year by raising the US interest rate.

The US central bank decided to raise the interest rate by 25 basis points to 1.75 percent to 2 percent, a move that was in line with expectations .

But the Federal Reserve has also decided to increase the rate of interest rate increases to four times this year instead of the previous estimate of three increases, in addition to planning to raise the rate 3 times next year.

The central bank's move to raise the US interest rate after three increases last year and an increase in the monetary policy meeting held in March.

Positive signs of US economic performance boost the pace of policymakers in the United States.

The Reserve Bank's recent monetary policy statement raised US GDP growth estimates this year, noting that inflation accelerated more rapidly than previously estimated, as well as reduced unemployment.
Decision of the European Central

As eurozone economic growth recovers, the ECB has decided to end its quantitative stimulus program several years ago.

The central bank has decided to keep buying 30 billion euros in bonds until September, cutting them to 15 billion euros in the next three months to end the quantitative easing program by the end of December.

Although the ECB decided to set interest rates on refinancing, lending and deposits as it is at 0.00%, 0.25% and -0.40% respectively, but the bank's president, Mario Draghi , indicated that the same levels remain unchanged until the summer of 2019 .

Other central banks

For its part, the central bank in Japan proved its monetary policy unchanged as it kept the short-term interest rate at -0.10%.

He also decided to keep the 10-year government bond yield at zero and the quantitative easing program at the same rate of 80 trillion yen a year.

But in a first-time shift, the People's Bank of China decided not to follow the Federal Reserve's decision to raise interest rates, keeping key interest rates unchanged amid the strength of the local currency of the yuan.

The consequences of monetary policy tightening decisions

The US move on interest rates and the European Central Bank's decision to set the date for ending the quantitative easing program comes at a time when global economic growth is facing potential threats from rising trade tensions between the United States and its trading partners.

Both the International Monetary Fund (IMF) and the World Trade Organization (WTO) have issued warnings about the impact of peer-to-peer tariffs on world trade and have expressed concerns over the impact of rising US interest rates on emerging market economies that may suffer following rising borrowing costs.

The face of emerging markets intense pressure during the current phase due to the US currency 's strength and interest rate Alakhzhvi rise, which was reflected in the local currencies of those economies, which saw a sharp decline despite attempts to raise interest rates.

The tightening of monetary policy poses several risks to financial markets that have been able to grow with low interest rates and are currently suffering from high levels of debt.

The time of tightening global monetary policy and rising borrowing costs is a critical period for energy-efficient economies in the Gulf region, which are recovering from the economic slowdown on the back of falling oil prices over the past period.

At the same time, Gulf countries reacted to the Federal Reserve's decision, with Saudi Arabia, the United Arab Emirates and Bahrain increasing interest rates by 25 basis points while Kuwait kept its monetary policy intact LINK
TNT:

Wildhunter: It is kind of funny to see how the stories change as day to day things happen. At the end of January it was supposed to happen... something changed... February, March, April, May... now June. Wish I had kepth up with it all but it would only depress me. Who needs that. End of June for sure. I'm counting on it.

Yada: wildhunter,,,of course,,,and it all makes sense,,,the very idea of letting go and still have a currupt government or individuals would of defeated the purpose of having an RV because they would of ended up back where they were before,,,,Now the election process worked in their favor,expect to see this now,,before they seat all the government

Sunny: The Robert Steel Interview with Pres. Trump was mentioned on the call. https://youtu.be/OipTyXwO1Qc Global currency reset is directly addressed at 34:30 by Shawn and Dr. Robert David Steele.

SassyD: How do I set up a payable-on-death account? -- https://www.nolo.com/legal-encyclopedia/question-set-up-payable-on-dea​th-account-28260.html

SassyD: What Happens to a Payable on Death Account When the Owner Dies? Tax a​nd Other Consequences of Inheriting a POD Account -- https://www.thebalance.com/consequences-inheriting-pod-account-3505238

SassyD: Avoiding Probate with Transfer-on-Death Accounts and Registrations -- https://www.nolo.com/legal-encyclopedia/avoid-probate-transfer-on-deat​h-accounts-29544.html

SassyD: States that Allow Transfer-On-Death Deeds for Real Estate .. -- An eas​y and inexpensive way to bypass probate court when you leave real esta​te. -- https://www.nolo.com/legal-encyclopedia/free-books/avoid-probate-book/​chapter5-1.html

Annie68: There is no special form for a pod account. You just add the name to your account at the bank. Upon your death whatever mon ey is in there belongs to that person, Just as a husband/wife joint account….. Apod account goes to the survivor! No one can have access to it 'til yoiu are gone! Pretty simple way to leave someone mon ey, tax free because they are joint owner.