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Featured Post

Operation Disclosure GCR/RV Intel Alert for October 23, 2017

Operation Disclosure https://operationdisclosure.blogspot.com/ RV/INTELLIGENCE ALERT - October 23, 2017 CERTAIN THINGS ARE CURRENTLY...

Thursday, August 3, 2017

"Great Confirmation" - Thurs. PM KTFA Thoughts, News w/ DELTA

KTFA

DELTA » August 3rd, 2017


URGENT FROM IRAQI TV:

IRAQ RECOVERD ITS ASSETS HELD BY UN REGARDING THE COMPLETION OF IRAQIS OBLIGATION RELATING TO HIS RELEASE FROM CHAPTER VII.

Aggiedad77 » August 3rd, 2017

DELTA great confirmation of an article that our good friend posted this morning in TEAM Chat that confirmed the disbursement of the Escrow account to Iraq from the UN.....love ya brother Aloha Randy

DELTA » August 3rd, 2017

YES RANDY IT IS ....GET READY BROTHER FOR HAWAII..(grin)

JJonesMX » August 3rd, 2017

Imo... we are at any moment!!!
Time is now ... Let's Roll..
Blessings to you all

Samson » August 3rd, 2017

Iraq announces the restoration of 131 million dollars of its assets held by the United Nations


3rd August, 2017

The Ministry of Foreign Affairs announced on Thursday the recovery of Iraqi funds detained by the United Nations under the oil program for food and medicine, pointing out that the value of 131 million dollars.

"The Iraqi funds seized by the United Nations under the $ 131 million oil-for-food and medicine program have been recovered, along with the benefits for six years," ministry spokesman Ahmad Jamal said in a statement received by Mawazine News.

Jamal added that "this was done after the ministry was authorized by the Council of Ministers and with the support of the Prime Minister and the contribution of the General Secretariat of the Council of Ministers to negotiate the latest commitments related to this program through two rounds of negotiations with the Secretariat of the United Nations regarding the completion of Iraq's obligations relating to his release from Chapter VII "He said.

The Spokesman pointed out that "it is expected by the end of this year to end all the burdens of the decisions of Chapter VII borne by Iraq because of the acts committed by the former regime of policies and foes that have tied Iraq's money and led to its detention by international organizations.

http://bit.ly/2fbFoGa

Walkingstick » August 3rd, 2017

Iraq recovers its assets under the United Nations under the oil-forfood program


AM 7:33:41 8/3/2017

/ BAGHDAD

The Ministry of Foreign Affairs announced on Thursday the recovery of the funds held by the United Nations under the program of oil for food and medicine, amounting to 131 million dollars and its benefits for six months, while expecting to end the latest commitments related to the .resolutions of the seventh item at the end of this year

Iraqi funds seized by the United Nations under the $ 131 million oil-for-food and medicine" program have been recovered in addition to the six-year benefits," Foreign Ministry spokesman .Ahmad Jamal said in a statement

The Iraqi Foreign Ministry has been authorized by the Council of Ministers and with the support of" the Prime Minister and the contribution of the General Secretariat of the Council of Ministers to negotiate the latest commitments related to this program through two rounds of negotiations with the Secretariat of the United Nations regarding the completion of Iraq's obligations related to his .release from Chapter VII Gamal predicted that "by the end of this year to end all the burdens of the decisions of Chapter VII

borne by Iraq because of the acts committed by the former regime of policies and follies that tied ".Iraq's money and led to the detention of international organizations On December 25, 2016, the State Department announced that Iraq had completed one of the last two commitments to its Chapter VII decision, and indicated that the remaining obligation was for .Kuwait's compensation

On June 27, 2013, the UN Security Council unanimously voted on resolution 2107, which partially exempts Iraq from the provisions of Chapter VII of the United Nations Charter and terminates the mission of the United Nations Special Coordinator in charge of missing persons and Kuwaiti .property

http://almasalah.com/ar/NewsDe.....sID=110084

Walkingstick » August 3rd, 2017

Investors rush to buy Iraq’s first independent bond


Investors have rushed to buy Iraq’s first independent bond sale in more than a decade, in a sign of a continued wave of demand for riskier debt across international markets.

The $1bn bond, which matures in 2023, had brought in $6.6bn of orders when books were reported on Wednesday afternoon.

The yield was fixed at 6.75 per cent, lower than initial pricing expectations of more than 7 per cent. The high levels of demand for the debt came amid strong appetite for risk across capital markets as low interest rates push investors to seek higher returns.

Last week, Greece, which has undergone multiple bailouts by the EU and International Monetary Fund, raised €3bn in its first bond sale for three years. In June Argentina was able to borrow $2.75bn of 100-year bonds at a yield of about 8 per cent, despite its long history of sovereign defaults.

The Iraqi debt sale is a critical moment for Baghdad, which has never sold a fully syndicated bond of this type independently. The country, struggling to overcome years of internal strife that followed the 2003 US-led invasion, has $2.7bn of bonds outstanding that were sold in 2006, and came as part of a restructuring of earlier obligations.

“This is their first ever marketed and syndicated international bond issue,” said Samad Sirohey, head of debt capital markets for emerging Europe, the Middle East and Africa at Citigroup. “The response has been a strong endorsement of what the country has achieved in recent years”. The response has been a strong endorsement of what the country has achieved in recent years SAMAD SIROHEY, CITIGROUP The Republic of Iraq also issued $1bn of bonds guaranteed by the US this year, which came with a coupon of 2.149 per cent, and was linked to an international assistance package. Baghdad agreed a $5.4bn bailout programme with the International Monetary Fund in mid-2016.

Iraq’s outstanding bonds rallied slightly on Wednesday after the IMF released a statement on the country on Tuesday.

“The economic policies implemented by the Iraqi authorities to deal with the shocks facing Iraq — the armed conflict with Isis and the ensuing humanitarian crisis and the collapse in oil prices — are appropriate,” said the IMF’s David Lipton in a statement. “In the fiscal area, the authorities are implementing a sizeable fiscal adjustment, mostly through retrenchment of inefficient capital expenditure while protecting social spending,” he added.

The IMF also said that the authorities are appropriately maintaining the peg of the Iraqi dinar to the US dollar, which provides a “key anchor” to the economy. Iraq had previously planned to tap capital markets in 2015, but the sale was called off because of issues around pricing. Fitch, the rating agency, boosted its outlook for Iraq from negative to stable in March this year, in a sign of its economic situation improving.

The country’s economy had been hit by weaker oil prices and political instability. The high levels of demand for Iraq’s bond follow on from significant sales of emerging market debt this year. Emerging market countries sold record levels of government debt in the first quarter this year, according to Dealogic data. Iraq’s bond was rated B- by both S&P and Fitch, the rating agencies. Citigroup, Deutsche and JPMorgan were joint lead managers on the deal

https://www.ft.com/content/1a90e608

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