KTFA
OL Lar » June 8th, 2019
Personally I don't think the RI is tied to the minister positions, IMO we watch the 2020 budget according to Tamimi , the new budget will be implementing the FML,(Financial Management Law?) IMO of course
LifeLesson » June 8th, 2019
My hopes are pinned to the FML law for this to be done sooner rather than later.. dont even care about a rate. Just want it to be a convertible currency .. 10 plus years has taught me to not pin any hopes of a future life beyond Frank's Mon. Night C.C.s... that's a compliment to frank.... IMO... it does feel right this time...
MOakes » June 8th, 2019
The crooked politicians in Iraq are like those in the US. They don't want the citizens to have any money. President Trump will have to make them RI or else it will never be done. Go TRUMP !!!
Tommy17 » June 8th, 2019
You don’t pass the FML without a intending to raise the value of your currency. We wait for it to be put ‘in print in the gazette to make it official. It’s easy to forget “they said themselves they wanted the finish their monetary process before the end of June. All this came out in the news. But it is Iraq
OlLar » June 8th, 2019
When did it pass? the 23rd of may? Has it been established if indeed they had only 15 days to publish it, or do amendments even need to go into the Gazette?
Tommy17 » June 8th, 2019
There is talk of around the 21st give or take a few days “then they got 15 days to sign it and then put it in the gazette Imo
Josie » June 8th, 2019
Thought we were told it will happen in the middle or the beginning of the yr,,,,end of june ,beginning of july???? imo
KBC123 » June 8th, 2019
I think Shabbs suggested those were the better (and likely) times to change the rate: beginning of year, middle of the year. It's at these times, as I understand it, that the accounting for ("accounting" AKA, "2nd set of books" taking over) these changes is easiest. However, I think it is possible to go at any time. It just may be more difficult for all the banks and businesses to process. Let's keep in mind many of these people do not even have a high school education. ( Again, as I understand it.)
Don961 » June 8th, 2019
Economic terrorism
Saturday 08 June 2019
Omar Amin Abdel Abbas
A new scenario to strike the economy of Iraq and in ways that indicate that the criminal series against this country will not stand and warns the most dangerous if not agreed unanimously to stop these crimes. The parties do not want Iraq to settle economically, in addition to its unwillingness to stabilize it politically and security.
The recent burning of grain farms in the governorates of Nineveh, Kirkuk, Diyala and Salaheddin does not differ from the scenario of eliminating the fish wealth several months ago in the southern governorates. It also differs from fighting the local product, whether agricultural or industrial, and the many conspiracies that our economy has undergone over the past years.
Which draws its strength from sources stronger than the will of the Iraqi reality and hopes that this country will end and be torn or at least be at the mercy of this country or that and make it like the cow milking .. Otherwise we call the burning thousands of dunums in the province and move quickly to another province to carry out this crime plan Itself without a firm reaction to the detection of the perpetrators?
Crimes aimed at making Iraq dependent on other parties in securing its food and the continuous quest to stop any development or rise of the agricultural sector .. As they did with Iraqi dates and succeeded in wasting Iraq to its global position in the production of dates by preventing any step that would raise the level of domestic production Of dates on the one hand and seeking to flood the market with imported from neighboring countries on the other, are doing today with wheat and do not know what is the next crop in the plans of these bodies.
Wheat is one of the most important strategic food crops, and the Ministry of Agriculture recently announced that the arrival of wheat production in Iraq to 3.5 million tons, a number close to the required (5 million tons self-sufficiency) disturbed those bodies and started towards sabotage.
In view of the facts and facts, we find that the abundance of rain this year and encourage the state farms through the agricultural initiative and grant banks to loans, including the Agricultural Cooperative Bank or other government banks make everyone is better at achieving better production rates than previous years, and we have this through the presence of agricultural crops on Differences in local markets. Iraq is the country of black, a name that was launched on agricultural land in the south of the country, on the outskirts of the Tigris and Euphrates and between them, and through these two rivers became most of the Iraqi territory fertile land with the ability to generate agricultural production.
Therefore, the plan continues to erase the country's agricultural history and make it live on the oil reserves only and humiliate its economy in preparation for the implementation of the evil plan led by the dominant world economy in making despair among the people of Iraq and kill their morale aimed at creativity in areas that revive its economy and in any case loss and decline in the investigation Self-sufficiency of production.
The government with its security and intelligence agencies as well as the Security Committee in the House of Representatives are required to reveal the parties behind this crime, which will expand to include other provinces if the situation remains on what it is, and these criminals will return to implement new programs more malicious if not find the decisive response from the Iraqi state . link
Samson » June 8th, 2019
Estonia, Vietnam among five elected to UN Security Council
8th June, 2019
UNITED NATIONS: Estonia, Niger, Tunisia, Vietnam and Saint Vincent and the Grenadines were elected to the UN Security Council on Friday (Jun 7) as the top UN body struggles to agree on how to confront global conflicts.
The five newcomers will join the council in January for a two-year stint, replacing Equatorial Guinea, Ivory Coast, Kuwait, Poland and Peru.
The election comes at a time of diplomatic deadlock at the council, which has been unable to agree on a response to several crises, from Syria to Myanmar, Venezuela or Sudan.
Five countries - Britain, China, France, Russia, the United States - have a permanent seat on the 15-member council and enjoy veto power over any decisions.
The 10 other non permanent members are elected for two-year terms to serve on the UN's most powerful body, tasked with addressing threats to international peace and security.
During a secret ballot at the General Assembly, Estonia squared off with Romania for the eastern European seat while Saint Vincent and the Grenadines faced a last-minute challenge from El Salvador for the Latin America seat. The three other countries ran unopposed, having been selected as the candidate of their regional bloc.
Vietnam picked up 192 votes, Niger and Tunisia 191 votes each and Saint Vincent and the Grenadines won 185 votes against six for El Salvador during the ballot in the 193-member assembly. Estonia won a seat with 132 votes during a runoff with Romania, which picked up 58.
It will be the first time that Estonia, which made cyber-security its campaign plank, will serve on the council as will Saint Vincent and the Grenadines, which has pledged to push for action on climate change.
UN expert Richard Gowan said the election of the five new members could exacerbate divisions. "I think we are going to see quite a strong anti-Western group in the council, which could lead to more fiery diplomacy and make it harder for the US and its allies to push their resolutions through New York," said Gowan, UN director for the International Crisis Group.
"Vietnam and St Vincent seem likely to side with the Chinese and Russians on issues like Venezuela, as Indonesia and South Africa have already done this year." LINK
Việt Nam economy to grow at 6.7%: report
8th June, 2019
The Vietnamese economy is expected to grow at around 6.7 per cent this year, the fastest rate in South East Asia, according to the Institute of Chartered Accountants in England and Wales’ recent Economic Insight: South East Asia report.
According to the report, Southeast Asian economies except Việt Nam have seen exports drop in the second quarter of this year compared to the same period last year while Việt Nam’s exports grew albeit slower than in 2018.
Its economy grew at 6.8 per cent year-on-year in the first quarter driven by strong manufacturing, steady services and higher agricultural output. However, its economic momentum is expected to trend lower due to reduced Chinese demand for goods and rising trade protectionism.
While the escalating US-China trade war could benefit Việt Nam in the short term due to trade diversion, Việt Nam still heavily relies on China, with its exports to that country accounting for around 10 per cent of GDP in 2017.
Foreign direct investment (FDI) and manufacturing are expected to remain big drivers of economic growth. According to the Foreign Investment Agency, FDI disbursed in the first two months of 2019 increased by 9.8 per cent year-on-year to around US$2.6 billion. Manufacturing received the most attention from foreign investors.
Việt Nam’s close proximity to China and favourable labour conditions, including affordable wages, would ensure that FDI remains strong in the medium term, with Việt Nam’s improving infrastructure, its accession to trade agreements and FDI attraction policies are also favourable factors.
Domestic demand will remain strong in 2019-20 with steady household spending and inflation and rising incomes. Tourism is also expected to remain strong.
Mark Billington, ICAEW's regional director, Greater China and South East Asia, said while Việt Nam’s economy would grow despite the trade war and other external factors that challenge export growth in the region, measures are needed to ensure FDI inflows remain steady. Structural reforms to improve firms’ ability to do business and adequate education and training to boost production are vital, he added.
The report said Southeast Asian economic growth is expected to be 4.8 per cent this year, down from 5.3 per cent in 2018. In the first five months of this year, exports increased by 19.8 per cent while imports increased by 23.6 per cent, Đặng Văn Thanh, chairman of the Việt Nam Association of Accountants and Auditors, said. Việt Nam faces several problems such as slow institutional transformation, low value addition in processing, low labour productivity, and limitations in education. LINK
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
OL Lar » June 8th, 2019
Personally I don't think the RI is tied to the minister positions, IMO we watch the 2020 budget according to Tamimi , the new budget will be implementing the FML,(Financial Management Law?) IMO of course
LifeLesson » June 8th, 2019
My hopes are pinned to the FML law for this to be done sooner rather than later.. dont even care about a rate. Just want it to be a convertible currency .. 10 plus years has taught me to not pin any hopes of a future life beyond Frank's Mon. Night C.C.s... that's a compliment to frank.... IMO... it does feel right this time...
MOakes » June 8th, 2019
The crooked politicians in Iraq are like those in the US. They don't want the citizens to have any money. President Trump will have to make them RI or else it will never be done. Go TRUMP !!!
Tommy17 » June 8th, 2019
You don’t pass the FML without a intending to raise the value of your currency. We wait for it to be put ‘in print in the gazette to make it official. It’s easy to forget “they said themselves they wanted the finish their monetary process before the end of June. All this came out in the news. But it is Iraq
OlLar » June 8th, 2019
When did it pass? the 23rd of may? Has it been established if indeed they had only 15 days to publish it, or do amendments even need to go into the Gazette?
Tommy17 » June 8th, 2019
There is talk of around the 21st give or take a few days “then they got 15 days to sign it and then put it in the gazette Imo
Josie » June 8th, 2019
Thought we were told it will happen in the middle or the beginning of the yr,,,,end of june ,beginning of july???? imo
KBC123 » June 8th, 2019
I think Shabbs suggested those were the better (and likely) times to change the rate: beginning of year, middle of the year. It's at these times, as I understand it, that the accounting for ("accounting" AKA, "2nd set of books" taking over) these changes is easiest. However, I think it is possible to go at any time. It just may be more difficult for all the banks and businesses to process. Let's keep in mind many of these people do not even have a high school education. ( Again, as I understand it.)
Don961 » June 8th, 2019
Economic terrorism
Saturday 08 June 2019
Omar Amin Abdel Abbas
A new scenario to strike the economy of Iraq and in ways that indicate that the criminal series against this country will not stand and warns the most dangerous if not agreed unanimously to stop these crimes. The parties do not want Iraq to settle economically, in addition to its unwillingness to stabilize it politically and security.
The recent burning of grain farms in the governorates of Nineveh, Kirkuk, Diyala and Salaheddin does not differ from the scenario of eliminating the fish wealth several months ago in the southern governorates. It also differs from fighting the local product, whether agricultural or industrial, and the many conspiracies that our economy has undergone over the past years.
Which draws its strength from sources stronger than the will of the Iraqi reality and hopes that this country will end and be torn or at least be at the mercy of this country or that and make it like the cow milking .. Otherwise we call the burning thousands of dunums in the province and move quickly to another province to carry out this crime plan Itself without a firm reaction to the detection of the perpetrators?
Crimes aimed at making Iraq dependent on other parties in securing its food and the continuous quest to stop any development or rise of the agricultural sector .. As they did with Iraqi dates and succeeded in wasting Iraq to its global position in the production of dates by preventing any step that would raise the level of domestic production Of dates on the one hand and seeking to flood the market with imported from neighboring countries on the other, are doing today with wheat and do not know what is the next crop in the plans of these bodies.
Wheat is one of the most important strategic food crops, and the Ministry of Agriculture recently announced that the arrival of wheat production in Iraq to 3.5 million tons, a number close to the required (5 million tons self-sufficiency) disturbed those bodies and started towards sabotage.
In view of the facts and facts, we find that the abundance of rain this year and encourage the state farms through the agricultural initiative and grant banks to loans, including the Agricultural Cooperative Bank or other government banks make everyone is better at achieving better production rates than previous years, and we have this through the presence of agricultural crops on Differences in local markets. Iraq is the country of black, a name that was launched on agricultural land in the south of the country, on the outskirts of the Tigris and Euphrates and between them, and through these two rivers became most of the Iraqi territory fertile land with the ability to generate agricultural production.
Therefore, the plan continues to erase the country's agricultural history and make it live on the oil reserves only and humiliate its economy in preparation for the implementation of the evil plan led by the dominant world economy in making despair among the people of Iraq and kill their morale aimed at creativity in areas that revive its economy and in any case loss and decline in the investigation Self-sufficiency of production.
The government with its security and intelligence agencies as well as the Security Committee in the House of Representatives are required to reveal the parties behind this crime, which will expand to include other provinces if the situation remains on what it is, and these criminals will return to implement new programs more malicious if not find the decisive response from the Iraqi state . link
Samson » June 8th, 2019
Estonia, Vietnam among five elected to UN Security Council
8th June, 2019
UNITED NATIONS: Estonia, Niger, Tunisia, Vietnam and Saint Vincent and the Grenadines were elected to the UN Security Council on Friday (Jun 7) as the top UN body struggles to agree on how to confront global conflicts.
The five newcomers will join the council in January for a two-year stint, replacing Equatorial Guinea, Ivory Coast, Kuwait, Poland and Peru.
The election comes at a time of diplomatic deadlock at the council, which has been unable to agree on a response to several crises, from Syria to Myanmar, Venezuela or Sudan.
Five countries - Britain, China, France, Russia, the United States - have a permanent seat on the 15-member council and enjoy veto power over any decisions.
The 10 other non permanent members are elected for two-year terms to serve on the UN's most powerful body, tasked with addressing threats to international peace and security.
During a secret ballot at the General Assembly, Estonia squared off with Romania for the eastern European seat while Saint Vincent and the Grenadines faced a last-minute challenge from El Salvador for the Latin America seat. The three other countries ran unopposed, having been selected as the candidate of their regional bloc.
Vietnam picked up 192 votes, Niger and Tunisia 191 votes each and Saint Vincent and the Grenadines won 185 votes against six for El Salvador during the ballot in the 193-member assembly. Estonia won a seat with 132 votes during a runoff with Romania, which picked up 58.
It will be the first time that Estonia, which made cyber-security its campaign plank, will serve on the council as will Saint Vincent and the Grenadines, which has pledged to push for action on climate change.
UN expert Richard Gowan said the election of the five new members could exacerbate divisions. "I think we are going to see quite a strong anti-Western group in the council, which could lead to more fiery diplomacy and make it harder for the US and its allies to push their resolutions through New York," said Gowan, UN director for the International Crisis Group.
"Vietnam and St Vincent seem likely to side with the Chinese and Russians on issues like Venezuela, as Indonesia and South Africa have already done this year." LINK
Việt Nam economy to grow at 6.7%: report
8th June, 2019
The Vietnamese economy is expected to grow at around 6.7 per cent this year, the fastest rate in South East Asia, according to the Institute of Chartered Accountants in England and Wales’ recent Economic Insight: South East Asia report.
According to the report, Southeast Asian economies except Việt Nam have seen exports drop in the second quarter of this year compared to the same period last year while Việt Nam’s exports grew albeit slower than in 2018.
Its economy grew at 6.8 per cent year-on-year in the first quarter driven by strong manufacturing, steady services and higher agricultural output. However, its economic momentum is expected to trend lower due to reduced Chinese demand for goods and rising trade protectionism.
While the escalating US-China trade war could benefit Việt Nam in the short term due to trade diversion, Việt Nam still heavily relies on China, with its exports to that country accounting for around 10 per cent of GDP in 2017.
Foreign direct investment (FDI) and manufacturing are expected to remain big drivers of economic growth. According to the Foreign Investment Agency, FDI disbursed in the first two months of 2019 increased by 9.8 per cent year-on-year to around US$2.6 billion. Manufacturing received the most attention from foreign investors.
Việt Nam’s close proximity to China and favourable labour conditions, including affordable wages, would ensure that FDI remains strong in the medium term, with Việt Nam’s improving infrastructure, its accession to trade agreements and FDI attraction policies are also favourable factors.
Domestic demand will remain strong in 2019-20 with steady household spending and inflation and rising incomes. Tourism is also expected to remain strong.
Mark Billington, ICAEW's regional director, Greater China and South East Asia, said while Việt Nam’s economy would grow despite the trade war and other external factors that challenge export growth in the region, measures are needed to ensure FDI inflows remain steady. Structural reforms to improve firms’ ability to do business and adequate education and training to boost production are vital, he added.
The report said Southeast Asian economic growth is expected to be 4.8 per cent this year, down from 5.3 per cent in 2018. In the first five months of this year, exports increased by 19.8 per cent while imports increased by 23.6 per cent, Đặng Văn Thanh, chairman of the Việt Nam Association of Accountants and Auditors, said. Việt Nam faces several problems such as slow institutional transformation, low value addition in processing, low labour productivity, and limitations in education. LINK
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
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