KTFA
Trump: The President of the Reserve "We have failed" on the decision of interest rates
1st August, 2019
US President Donald Trump said Federal Reserve Chairman Jerome Powell "failed" to cut interest rates by a quarter percentage point on Wednesday, arguing that the market wanted a signal for the launch of a "prolonged and aggressive rate cut
"What the market wanted to hear from (Jerome) Powell and the Federal Reserve is that this is the beginning of a long and aggressive cycle of interest rate cuts in the way China, the European Union and other countries are doing," Trump said in a tweet just hours after the US central bank issued its latest policy statement. around the world
"As usual, Powell has failed us, but at least he is putting an end to the quantitative emphasis that should not have started," Trump said LINK
Frank26 » August 1st, 2019
More Private Banks
Streamed live 92 minutes ago
https://youtu.be/iaIfL7xk9FI?t=1
Samson » August 1st, 2019
Al-Hashemi reveals a huge breach in the Central Bank of billions of dollars with "whales"
2019/7/31 23:34
Member of the Commission on Integrity Parliamentary Khalid al-Jeshmi, a major breach in the Central Bank with whales "worth billions of dollars.
"The Central Bank recommended a decision by the Council of Ministers to reduce the rate of 50% of the interest of loans to influential businessmen for the past years," Al-Gheshmi said on Al-Furat satellite channel. He pointed out that "the existence of documents for loans in amounts of {575} million dollars and there are 18 loans of this size in the amount of not less than {250} million dollars," noting that "the total borrowers [20} people of the Commercial Bank of Iraq in previous years in the time of {Hamdiya dry} And billions of dollars."
"These are the whales and are supported by senior state officials and political leaders, which is financial corruption," he said. "For years, traders have not paid the interest rate or the assets of their debt. When the current director wanted to push them to pay, he was put under pressure and threatened to resign. And accountability to yield to some unacceptable things".
"The Central Bank has formed a committee and come out with these irresponsible and unjust recommendations. These traders have become billionaires after they were nothing," he said. "The Central Bank issued a recommendation to reduce the benefits of influential businessmen two days ago and we received yesterday, and the first was the central bank to give housing loans at a rate of 2% for citizens," he said.
"The book refers to the decision of the Council of Ministers issued because of the financial crisis experienced by The country and the war on the urging of this decision for companies that have committed with the State contracts to implement projects and provided them with facilities and teams in the currency because they were severely damaged because of the suspension of their projects and the State then did not have sufficient liquidity to finance projects and even reduce loans.
"But according to my own information, these 20 influential people went to the director general of the Commercial Bank and asked him to reduce the benefits based on this decision, refused to reduce their debts and told them literally that they did not include this decision; so he resorted to the Central Bank and obtained a decision in their favor, "These [20] have a strong back from the politicians known and leaders in the state and have a partnership in the Kurdistan region and one of these powerful traders responsible for holding cars Interior corrupt."
"All of them are whales of corruption and want to delay loans at the expense of the people's money. The governor of the central bank, Ali Al-Aalak, should not take this step and issue a decision to reduce the benefits of corruption whales to 50%, estimated at more than one billion dollars for previous years." "The loans received by influential businessmen exceed the $ 5 billion," he said, pointing out that "the Anti-Corruption Council has not dealt with them until now, noting that many loans were granted guarantees are trivial," expressing "regret that not taken appropriate action by The federal government that applies the laws on this issue. "
On the hosting of the ministers of finance Fouad Hussein and oil Thamer Ghadhban and the head of the Office of Financial Supervision explained Geshmi "today was hosted by the Minister of Finance and Oil and the President of the Office of Financial Supervision on the background of the delivery of oil region to the federal government, and whether the current government and finance committed to the budget law and did not pay the dues of the region only after Delivery of oil and came the answer of anger with the letter (we have no control over the fields of the region and Mosul and Kirkuk)."
He noted that "Ghadban during the hosting session that the region exports {461} thousand barrels per day across the border crossings and 150 thousand barrels per day smuggling, that is, the region produces daily more than {600} thousand barrels per day and amounts if counted on {50} dollars per barrel One, the amount obtained will be {12} billion dollars a year, all go to the province of the region."
"The head of the Office of Financial Supervision in charge of monitoring the accounts and revenues collected in the region, he also stressed that {institutions and the government of the region was prevented from submitting the required documents or control of its resources and exports abroad)," adding that "the President of the Office of Financial Supervision filed a lawsuit against Territory and waiting for the answer."
He stressed that "the Minister of Finance did not deliver the amounts of duties, taxes and fines imposed in the region and customs fees to the treasury of the state has been disbursements of the region of {4} trillion and {500} billion dinars, and remained for the province in the budget only {5} trillion dinars without access Of which one dinar."
On the subject of the presidency of the Commission on Integrity Parliamentary Committee member said "a month ago elections were held for the chairmanship of the Commission and 3 candidates for the position in the first round did not receive any of them an absolute majority, and went to a second round did not get {Ali al-Saghri and Ahmad Mashhadani} an absolute majority or a simple total number Members of the Committee and they are 23 deputies, "stressing that" the Chairman of the Integrity Committee is the MP Hisham Suhail oldest until the election of the new Chairman of the Committee." LINK
Iraq signs memorandum of understanding with the United Nations for the reconstruction and recovery of liberated areas
2019/8/1 11:44
Iraq signed a memorandum of understanding with the United Nations Assistance Mission for Iraq (UNAMI) on Thursday on the Iraq Reconstruction and Recovery Trust Fund. The memorandum of understanding on Iraq was signed by Minister of Planning Nuri al-Dulaimi, and signed by the United Nations Mission Marta Ruidas, the UN Resident Coordinator in Iraq.
Al-Dulaimi said after the signing of the agreement that "this memorandum organized the work of the management of the Fund for Recovery, Reform, Reconstruction and Development, which comes within the obligations of the Iraqi government decisions of the Kuwait Conference in February 2018, in the management of support pledged by the international community to provide the Iraqi government for the purpose of reconstruction and development and economic reform.
He explained that "the fund, which was established on the basis of the Council of Ministers Resolution No. 53 of 2019, will be implemented through vital projects and infrastructure projects and provide basic services to citizens by the United Nations mission in cooperation with relevant authorities in the federal government and local governments."
For her part, Ruedas stressed the importance of this memorandum in the implementation of several vital projects and the optimal guidance for international grants to Iraq, indicating the keenness of the United Nations Mission to increase international support and cooperation with the Iraqi government in its reconstruction and stability efforts. LINK
US Treasury Charges Sanctions
2019/7/31 23:26
The US Treasury Department on Wednesday imposed sanctions on Iranian Foreign Minister Mohammad Jawad Zarif.
"The US Treasury Department has imposed sanctions on Iranian Foreign Minister Mohammad Jawad Zarif," the agency said.
The New York Times quoted administration officials as saying sanctions against Iranian Foreign Minister Zarif would be imminent. LINK
The first response to the US sanctions
2019/7/31 23:38
Iranian Foreign Minister Mohammad Javad Zarif on Wednesday responded to the US Treasury Department's list of sanctions.
"The reason for Washington's sanctions on me is that I am the main spokesman for Iran in the world, is this fact painful?" Zarif said on his Twitter account.
"These sanctions have no effect on me or on my family, since I have no property or interests outside Iran," he said. "Thank you for considering me such a great threat to your agenda." 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
Trump: The President of the Reserve "We have failed" on the decision of interest rates
1st August, 2019
US President Donald Trump said Federal Reserve Chairman Jerome Powell "failed" to cut interest rates by a quarter percentage point on Wednesday, arguing that the market wanted a signal for the launch of a "prolonged and aggressive rate cut
"What the market wanted to hear from (Jerome) Powell and the Federal Reserve is that this is the beginning of a long and aggressive cycle of interest rate cuts in the way China, the European Union and other countries are doing," Trump said in a tweet just hours after the US central bank issued its latest policy statement. around the world
"As usual, Powell has failed us, but at least he is putting an end to the quantitative emphasis that should not have started," Trump said LINK
Frank26 » August 1st, 2019
More Private Banks
Streamed live 92 minutes ago
https://youtu.be/iaIfL7xk9FI?t=1
Samson » August 1st, 2019
Al-Hashemi reveals a huge breach in the Central Bank of billions of dollars with "whales"
2019/7/31 23:34
Member of the Commission on Integrity Parliamentary Khalid al-Jeshmi, a major breach in the Central Bank with whales "worth billions of dollars.
"The Central Bank recommended a decision by the Council of Ministers to reduce the rate of 50% of the interest of loans to influential businessmen for the past years," Al-Gheshmi said on Al-Furat satellite channel. He pointed out that "the existence of documents for loans in amounts of {575} million dollars and there are 18 loans of this size in the amount of not less than {250} million dollars," noting that "the total borrowers [20} people of the Commercial Bank of Iraq in previous years in the time of {Hamdiya dry} And billions of dollars."
"These are the whales and are supported by senior state officials and political leaders, which is financial corruption," he said. "For years, traders have not paid the interest rate or the assets of their debt. When the current director wanted to push them to pay, he was put under pressure and threatened to resign. And accountability to yield to some unacceptable things".
"The Central Bank has formed a committee and come out with these irresponsible and unjust recommendations. These traders have become billionaires after they were nothing," he said. "The Central Bank issued a recommendation to reduce the benefits of influential businessmen two days ago and we received yesterday, and the first was the central bank to give housing loans at a rate of 2% for citizens," he said.
"The book refers to the decision of the Council of Ministers issued because of the financial crisis experienced by The country and the war on the urging of this decision for companies that have committed with the State contracts to implement projects and provided them with facilities and teams in the currency because they were severely damaged because of the suspension of their projects and the State then did not have sufficient liquidity to finance projects and even reduce loans.
"But according to my own information, these 20 influential people went to the director general of the Commercial Bank and asked him to reduce the benefits based on this decision, refused to reduce their debts and told them literally that they did not include this decision; so he resorted to the Central Bank and obtained a decision in their favor, "These [20] have a strong back from the politicians known and leaders in the state and have a partnership in the Kurdistan region and one of these powerful traders responsible for holding cars Interior corrupt."
"All of them are whales of corruption and want to delay loans at the expense of the people's money. The governor of the central bank, Ali Al-Aalak, should not take this step and issue a decision to reduce the benefits of corruption whales to 50%, estimated at more than one billion dollars for previous years." "The loans received by influential businessmen exceed the $ 5 billion," he said, pointing out that "the Anti-Corruption Council has not dealt with them until now, noting that many loans were granted guarantees are trivial," expressing "regret that not taken appropriate action by The federal government that applies the laws on this issue. "
On the hosting of the ministers of finance Fouad Hussein and oil Thamer Ghadhban and the head of the Office of Financial Supervision explained Geshmi "today was hosted by the Minister of Finance and Oil and the President of the Office of Financial Supervision on the background of the delivery of oil region to the federal government, and whether the current government and finance committed to the budget law and did not pay the dues of the region only after Delivery of oil and came the answer of anger with the letter (we have no control over the fields of the region and Mosul and Kirkuk)."
He noted that "Ghadban during the hosting session that the region exports {461} thousand barrels per day across the border crossings and 150 thousand barrels per day smuggling, that is, the region produces daily more than {600} thousand barrels per day and amounts if counted on {50} dollars per barrel One, the amount obtained will be {12} billion dollars a year, all go to the province of the region."
"The head of the Office of Financial Supervision in charge of monitoring the accounts and revenues collected in the region, he also stressed that {institutions and the government of the region was prevented from submitting the required documents or control of its resources and exports abroad)," adding that "the President of the Office of Financial Supervision filed a lawsuit against Territory and waiting for the answer."
He stressed that "the Minister of Finance did not deliver the amounts of duties, taxes and fines imposed in the region and customs fees to the treasury of the state has been disbursements of the region of {4} trillion and {500} billion dinars, and remained for the province in the budget only {5} trillion dinars without access Of which one dinar."
On the subject of the presidency of the Commission on Integrity Parliamentary Committee member said "a month ago elections were held for the chairmanship of the Commission and 3 candidates for the position in the first round did not receive any of them an absolute majority, and went to a second round did not get {Ali al-Saghri and Ahmad Mashhadani} an absolute majority or a simple total number Members of the Committee and they are 23 deputies, "stressing that" the Chairman of the Integrity Committee is the MP Hisham Suhail oldest until the election of the new Chairman of the Committee." LINK
Iraq signs memorandum of understanding with the United Nations for the reconstruction and recovery of liberated areas
2019/8/1 11:44
Iraq signed a memorandum of understanding with the United Nations Assistance Mission for Iraq (UNAMI) on Thursday on the Iraq Reconstruction and Recovery Trust Fund. The memorandum of understanding on Iraq was signed by Minister of Planning Nuri al-Dulaimi, and signed by the United Nations Mission Marta Ruidas, the UN Resident Coordinator in Iraq.
Al-Dulaimi said after the signing of the agreement that "this memorandum organized the work of the management of the Fund for Recovery, Reform, Reconstruction and Development, which comes within the obligations of the Iraqi government decisions of the Kuwait Conference in February 2018, in the management of support pledged by the international community to provide the Iraqi government for the purpose of reconstruction and development and economic reform.
He explained that "the fund, which was established on the basis of the Council of Ministers Resolution No. 53 of 2019, will be implemented through vital projects and infrastructure projects and provide basic services to citizens by the United Nations mission in cooperation with relevant authorities in the federal government and local governments."
For her part, Ruedas stressed the importance of this memorandum in the implementation of several vital projects and the optimal guidance for international grants to Iraq, indicating the keenness of the United Nations Mission to increase international support and cooperation with the Iraqi government in its reconstruction and stability efforts. LINK
US Treasury Charges Sanctions
2019/7/31 23:26
The US Treasury Department on Wednesday imposed sanctions on Iranian Foreign Minister Mohammad Jawad Zarif.
"The US Treasury Department has imposed sanctions on Iranian Foreign Minister Mohammad Jawad Zarif," the agency said.
The New York Times quoted administration officials as saying sanctions against Iranian Foreign Minister Zarif would be imminent. LINK
The first response to the US sanctions
2019/7/31 23:38
Iranian Foreign Minister Mohammad Javad Zarif on Wednesday responded to the US Treasury Department's list of sanctions.
"The reason for Washington's sanctions on me is that I am the main spokesman for Iran in the world, is this fact painful?" Zarif said on his Twitter account.
"These sanctions have no effect on me or on my family, since I have no property or interests outside Iran," he said. "Thank you for considering me such a great threat to your agenda." 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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