KTFA
Samson » August 2nd, 2019
Determining Eid al - Adha holiday in the Kurdistan region
2019/8/2 11:32
A source in the Council of Ministers of the Kurdistan region to disrupt the official working for five days on the occasion of Eid al-Adha.
The source said in a press statement that "the provincial government will disrupt the official work for a week on the occasion of Eid al-Adha."
"The holiday will begin on Sunday (August 11th) until Thursday (August 15th) and the official working hours will resume on Sunday," the source said. LINK
Tivon » August 2nd, 2019
Article 140 for Kirkuk and the Disputed Areas has been implemented by the Supreme Court. The Oil & Gas Law is next. As this must be passed before Abadi (Mahdi?) comes back in October because he does not have a good relationship with the Kurdistan Region.
At that point he would have no choice but to bring out the small category notes and coins.
When is the Hydro Carbon Law (HCL) or Oil & Gas going to be implemented? I don't know but it has been stated by the Intel providers that an International rate must be applied first.
Obviously we have moved past the predicted legislative term where the fiscal policy of Iraq were supposed to change before the parliament went on their vacation.
Everything they have said regarding laws were supposed to be passed sense the extended the July 2nd parliamentary term to August 2nd. It's like we are being penalized for taking Iraq serious when they give these time frames for when they will change their monetary policies in a given term.
They said in March they were ready. They extended to June, then July again. Now we are in August. Mind you, all of this is in print! The CBI went down six complete steps for digitizing their banking services stated they went beyond what was required.
We were informed by Frank' that bank personnel were urgent in their request to get citizens to open or make deposits in their account as soon as possible.
The IMF us supposedly demanding Iraq to raise the value. We know the SBA has been discontinued. We can't blame anyone because all of this is written in articles coming from the horses mouth. Will we be waiting until October for rate changes?
Will the Oil & Gas Law be passed and voted on before they open the 2020 budget in September? There are a plethora of questions that are pending an answer that I hope does not take another 3-4 months to be addressed.
We were on a wave these past days that lead us back to that weird space where we are left pondering and confused about where Iraq is in their Monetary Reform.
RockCharlie29 » August 2nd, 2019
I've been thinking about what we do know
1. Iraq told the World Bank they wanted to start paying their debt in their Sovereign currency which led to a date.
2. We know that the banks are all interconnected not just within Iraq but working with other Banks throughout the world twinning.
3. They've been working on e-commerce IE point of sales giving the people phones and software not just to validate currency but they're also a park take in eCommerce.
4. We know that Iraq has a serious electrical problem it was stated that Iraq's transmission lines lose 50% of electricity across of them it's been estimated to take approximately 4 1/2 to 5 years in order to be able to correct the electrical problem not mention that Iraq's electrical system doesn't pair well with others IE like our electrical equipment that runs off of 110 volts vs. European it runs off of 220 volts this information was available through a Stratford report.
5. The need to deal with corruption within the government so that the money actually gets put to where it's supposed to go rather than to somebody's pocket ie abadi's article today speaking about that specifically.
6. It is known that the best time to do in RI/RV Is at the beginning the middle or the end of the year.
7. Needed laws have been passed but never implemented or have been determined to need to be reworked.
8. we have heard very positive things of the last couple years so much so the anticipation was that it might actually happen long before now.
9. It cannot fail with the people but problems with the electricity throughout the country is a real concern we see where Siemens is working on rebuilding Iraq's electricity grid Southern Iraq but we haven't heard a whole lot about General Electric doing the same short of a MOU.
10. The deletion of zeroes had been put off for five years until 2019.
So here we are 2019 the first of the year has past just as we just witnessed the middle of the year do the same can Iraq come out internationally before the end of 2019?
It could, but at this point I'm highly skeptical one thing Iraq does is move like a tortoise and as President Trump stated they are very good liars. Which I believe is part of a bigger problem corruption!
The IMF has basically told Iraq to announce themselves several times no more SBA has been latest which is a good thing but dealing with Iraq is like trying to Corral or heard cats.
I look forward to the positive information coming out of Iraq but I'm still skeptical that we'll see this before the end of the year just due to past performance seems like they wait till the last second of the last hour of the last day before they Implement anything.
On a good note they're not denying the deletion of the zeros this thing is moving forward all the Articles point in a positive direction their just slower than molasses going uphill in the dead of winter ......all this is in my opinion of course
RVDoc » August 2nd, 2019
Just a comment of mathmatical computatuons and applications.
When you and I add numbers like 1 plus 1..do we wait for a particular time of year.
When we take a loan or fund something..does it matter?
Accounting knows no specific date and application means nothing in relation to dates.
So I have always maintained that waiting for an adjustment needs no time of year.
Contracts are signed when done and ready...business and banking recomciliation is done daily..by the hour and the minute.
So when we consider speculation of what is a better time of year for this..I seriously ask why....numbers are numbers..appliccable any time anywhere...
IMHO
Boxman » August 2nd, 2019
I am offended that you bring logic and mathematics to this emotion driven investment....lol..
Don961 » August 2nd, 2019
Iran is deleting four zeros from the riyal and the "toman" is adopting a new currency
- 3 Hours Ago
Iran's hard-line government on Wednesday approved a plan to remove zeros from its currency and replace the current riyal with " "Iranian government spokesman Ali Rubaie told a press conference in Tehran that" the government Today passed a bill to delete four zeros from the currency and «Tuman» will be our national currency » .
The value of the Iranian rial continues to deteriorate since last year.
before eg For years, the US dollar was worth 37,000 Iranian riyals, but the Iranian currency has deteriorated significantly this year The past to become one dollar worth 180 thousand riyals.
The sharp decline in the value of the riyal was recorded after US President Donald Trump announced last year the withdrawal of states Unilateral United Nations nuclear deal with Iran in 2015 and the re-imposition of harsh sanctions on the Republic And then formed long queues before the banking offices before the Iranian government decides to arrest the owners of offices Unauthorized banking and freezing accounts Day traders.
Currently, one dollar is equal to 120 thousand riyals in individual transactions, note that the official exchange rate Is 42 thousand riyals per dollar.
This means that those who do not carry a bank card must virtually give up their coins and carry them A package of bank notes for daily purchases. In an attempt to ease the deal, the Iranians have long relied on a system that eliminates zero riyal Divorced on this currency (the riyal after the deletion of zero) naming the Toman, but that causes The government approved the system on Wednesday, which requires parliamentary approval In order to become effective. The government spokesman said the move "will make the national currency more effective", and will « More in line with a common practice ... the riyal is not used much ».
He said that "the coins will be traded again.
" The International Monetary Fund predicted the contraction of the Iranian economy by 6% this year due to sanctions and increased instability in the Middle East.
Arab Jerusalem 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
Samson » August 2nd, 2019
Determining Eid al - Adha holiday in the Kurdistan region
2019/8/2 11:32
A source in the Council of Ministers of the Kurdistan region to disrupt the official working for five days on the occasion of Eid al-Adha.
The source said in a press statement that "the provincial government will disrupt the official work for a week on the occasion of Eid al-Adha."
"The holiday will begin on Sunday (August 11th) until Thursday (August 15th) and the official working hours will resume on Sunday," the source said. LINK
Tivon » August 2nd, 2019
Article 140 for Kirkuk and the Disputed Areas has been implemented by the Supreme Court. The Oil & Gas Law is next. As this must be passed before Abadi (Mahdi?) comes back in October because he does not have a good relationship with the Kurdistan Region.
At that point he would have no choice but to bring out the small category notes and coins.
When is the Hydro Carbon Law (HCL) or Oil & Gas going to be implemented? I don't know but it has been stated by the Intel providers that an International rate must be applied first.
Obviously we have moved past the predicted legislative term where the fiscal policy of Iraq were supposed to change before the parliament went on their vacation.
Everything they have said regarding laws were supposed to be passed sense the extended the July 2nd parliamentary term to August 2nd. It's like we are being penalized for taking Iraq serious when they give these time frames for when they will change their monetary policies in a given term.
They said in March they were ready. They extended to June, then July again. Now we are in August. Mind you, all of this is in print! The CBI went down six complete steps for digitizing their banking services stated they went beyond what was required.
We were informed by Frank' that bank personnel were urgent in their request to get citizens to open or make deposits in their account as soon as possible.
The IMF us supposedly demanding Iraq to raise the value. We know the SBA has been discontinued. We can't blame anyone because all of this is written in articles coming from the horses mouth. Will we be waiting until October for rate changes?
Will the Oil & Gas Law be passed and voted on before they open the 2020 budget in September? There are a plethora of questions that are pending an answer that I hope does not take another 3-4 months to be addressed.
We were on a wave these past days that lead us back to that weird space where we are left pondering and confused about where Iraq is in their Monetary Reform.
RockCharlie29 » August 2nd, 2019
I've been thinking about what we do know
1. Iraq told the World Bank they wanted to start paying their debt in their Sovereign currency which led to a date.
2. We know that the banks are all interconnected not just within Iraq but working with other Banks throughout the world twinning.
3. They've been working on e-commerce IE point of sales giving the people phones and software not just to validate currency but they're also a park take in eCommerce.
4. We know that Iraq has a serious electrical problem it was stated that Iraq's transmission lines lose 50% of electricity across of them it's been estimated to take approximately 4 1/2 to 5 years in order to be able to correct the electrical problem not mention that Iraq's electrical system doesn't pair well with others IE like our electrical equipment that runs off of 110 volts vs. European it runs off of 220 volts this information was available through a Stratford report.
5. The need to deal with corruption within the government so that the money actually gets put to where it's supposed to go rather than to somebody's pocket ie abadi's article today speaking about that specifically.
6. It is known that the best time to do in RI/RV Is at the beginning the middle or the end of the year.
7. Needed laws have been passed but never implemented or have been determined to need to be reworked.
8. we have heard very positive things of the last couple years so much so the anticipation was that it might actually happen long before now.
9. It cannot fail with the people but problems with the electricity throughout the country is a real concern we see where Siemens is working on rebuilding Iraq's electricity grid Southern Iraq but we haven't heard a whole lot about General Electric doing the same short of a MOU.
10. The deletion of zeroes had been put off for five years until 2019.
So here we are 2019 the first of the year has past just as we just witnessed the middle of the year do the same can Iraq come out internationally before the end of 2019?
It could, but at this point I'm highly skeptical one thing Iraq does is move like a tortoise and as President Trump stated they are very good liars. Which I believe is part of a bigger problem corruption!
The IMF has basically told Iraq to announce themselves several times no more SBA has been latest which is a good thing but dealing with Iraq is like trying to Corral or heard cats.
I look forward to the positive information coming out of Iraq but I'm still skeptical that we'll see this before the end of the year just due to past performance seems like they wait till the last second of the last hour of the last day before they Implement anything.
On a good note they're not denying the deletion of the zeros this thing is moving forward all the Articles point in a positive direction their just slower than molasses going uphill in the dead of winter ......all this is in my opinion of course
RVDoc » August 2nd, 2019
Just a comment of mathmatical computatuons and applications.
When you and I add numbers like 1 plus 1..do we wait for a particular time of year.
When we take a loan or fund something..does it matter?
Accounting knows no specific date and application means nothing in relation to dates.
So I have always maintained that waiting for an adjustment needs no time of year.
Contracts are signed when done and ready...business and banking recomciliation is done daily..by the hour and the minute.
So when we consider speculation of what is a better time of year for this..I seriously ask why....numbers are numbers..appliccable any time anywhere...
IMHO
Boxman » August 2nd, 2019
I am offended that you bring logic and mathematics to this emotion driven investment....lol..
Don961 » August 2nd, 2019
Iran is deleting four zeros from the riyal and the "toman" is adopting a new currency
- 3 Hours Ago
Iran's hard-line government on Wednesday approved a plan to remove zeros from its currency and replace the current riyal with " "Iranian government spokesman Ali Rubaie told a press conference in Tehran that" the government Today passed a bill to delete four zeros from the currency and «Tuman» will be our national currency » .
The value of the Iranian rial continues to deteriorate since last year.
before eg For years, the US dollar was worth 37,000 Iranian riyals, but the Iranian currency has deteriorated significantly this year The past to become one dollar worth 180 thousand riyals.
The sharp decline in the value of the riyal was recorded after US President Donald Trump announced last year the withdrawal of states Unilateral United Nations nuclear deal with Iran in 2015 and the re-imposition of harsh sanctions on the Republic And then formed long queues before the banking offices before the Iranian government decides to arrest the owners of offices Unauthorized banking and freezing accounts Day traders.
Currently, one dollar is equal to 120 thousand riyals in individual transactions, note that the official exchange rate Is 42 thousand riyals per dollar.
This means that those who do not carry a bank card must virtually give up their coins and carry them A package of bank notes for daily purchases. In an attempt to ease the deal, the Iranians have long relied on a system that eliminates zero riyal Divorced on this currency (the riyal after the deletion of zero) naming the Toman, but that causes The government approved the system on Wednesday, which requires parliamentary approval In order to become effective. The government spokesman said the move "will make the national currency more effective", and will « More in line with a common practice ... the riyal is not used much ».
He said that "the coins will be traded again.
" The International Monetary Fund predicted the contraction of the Iranian economy by 6% this year due to sanctions and increased instability in the Middle East.
Arab Jerusalem 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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