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Sunday, June 25, 2017

"Unity in the ME" - Last Night's KTFA Thoughts/News

KTFA

Aggiedad77 » June 25th, 2017


Family.....can you see it.....can you feel it......there is a unity in the ME that I believe IMO we are seeing today as never before....at least not in our lifetimes......why would all these prisoners be released from so many different places..( see articles below) ...almost simultaneously.....think about it.....there has to be a huge collaborative effort to make this happen.....you scratch my back....I'll scratch yours......

DEALS.....DEALS.....DEALS.....who do we know has been making deals since January 20th.......look at the recent trips or tours of the ME.......all spokes point to a unity.....a new breath of life......

Abadi is working with the US IMO to make this happen.....this little man is about to become the big man on the block.....watch and see.....all IMO.....excited....you betcha.....the wheel turns and those spokes are all moving in the right direction.....even spokes that were unnamed......we knew we had not named them all.....

This prisoner release is another example......dance to the music for what is coming.....and they all said....the BEST is coming.....wait for it....IMO. Aloha Randy

Peggy68 » June 25th, 2017

Article: “Syria give up for hundreds of detainees to coincide with the Eid al-Fitr”
Follow - up / Tomorrow 's Press:

confirmed the Syrian Ministry of Interior released hundreds of detainees in a number of Syrian provinces, and in the framework of the strengthening of national reconciliation, this procedure coincides with Eid al - Fitr celebrations.

The Minister of Justice and Judge Hisham Logo: "released today for 672 detainees in a number of provinces , mostly from Damascus Central Prison and the number of 588 detainees , including 91 women." https://www.alghadpress.com/news/107083

Peggy68 » June 25th, 2017

The release of the oldest in Egyptian prisons

two hours ago Last updated 08:00 PM

BAGHDAD / Press tomorrow:

released, Assiut prison public Ms. Fethiye Abdel - Al Bakhit Abu Hashish, the oldest in the Egyptian prisons, and minded person 103 years old management.

According to Egyptian media that "her daughter and her grandchildren were keen to receive, and helped to end Alsjanat release procedures, after the decision of President Abdel Fattah al- Sisi to pardon 502 prisoners and a number of young people on the pending issues and demonstrated a mob." https://www.alghadpress.com/news/107092

Peggy68 » June 25th, 2017

Sources for "Tomorrow Press": Abadi will announce the liberation of Mosul at this time
5 hours ago Last updated 03:48 PM

BAGHDAD / Press tomorrow:

suggested private sources, on Saturday, declared liberation of Mosul would be the night of Eid al - Fitr after the completion of all military operations in the old city.

And told sources "Tomorrow Press" that "anti - terrorism apparatus ended the rest of the pockets to organize Daesh near the Great Mosque of Al - Nouri, and was able to control the entire old city," he said . "Combing operations , accompanied by simple clashes are being addressed very quickly, due to the loss of the organization all capabilities that enabled the former to prolong the fighting. "

The sources indicated that " the leadership of the Joint Operations confirmed through the air clean up the city completely clear it , take out most of the stranded residents through the corridors safe."

The sources expected that the "declares Prime Minister Haider al - Abadi, editing statement on the night of Eid al - Fitr, followed by celebrations permeated the various cities of Iraq."

https://www.alghadpress.com/news/107067

Peggy68 » June 25th, 2017

Mosque on Sunday the first day of Eid al-Fitr

two hours ago

BAGHDAD / Press tomorrow:

Announced that proved the vision of legitimacy in Iraq's body, on Saturday, that on Sunday 25 June 2017 by surprise is the month of Shawwal 1438 Hijra will be the first day of Eid.

The authority said in a statement received "Tomorrow 's Press", he said that "on Sunday by surprise is the month of Shawwal and the first day of Eid al - Fitr."

It is noteworthy that a number of countries announced on Saturday that on Sunday will be the first day of Eid , which is Japan, Australia, Indonesia , Turkey , Jordan , Russia , Ukraine and South Korea in addition to Malaysia , which is the first Muslim country to announce its first day of Eid.

https://www.alghadpress.com/news/107089

Aggiedad77 » June 25th, 2017

Let me highlight a few things worthy of thought here......ok Don the good man highlighted some things and I took the liberty to highlight a few others.......

They want stabilized exchange rate....who.....well the CBI for starters but the IMF pushes for this......

We've heard in prior CC's that exchange rates will be a function of oil prices and oil prices will be driven by availability.......

They seek new auction alternatives.....the piggybacking is heading somewhere don't you think.......and the economic sector/reform will be pushing for more exports than just oil....wake up other industries and get onboard......

It's coming.....that taste of internationalism......where's Abadi.....is he still smiling.....he should be.....like a cat.....the BEST is coming.....IMO. Aloha Randy

Don961 » June 25th, 2017

Gimme Mosul .... Here come the dinar articles ... (wink)

First Published: 2017-06-24

Oil and the Iraqi dinar and the risk of inflation cholestatic

Economic and social security in Iraq is threatened with collapse.

Middle East Online

By: d. Haidar Hussein Tohme

In most of the world's economies reflects the local currency exchange rate of the strength of the national economy and the extent of its involvement in the orbit of world trade imports and exports, as well as the nature and size of the inflows and overseas financial flows from the country. In the oil countries there is a second story, it is often linked to local currency exchange rate supplier of oil flows.

In Iraq, the path of exchange rates disclosed during the past five decades, from that fact Bodh, the Iraqi dinar has witnessed the beginning of the seventies of the last century, when the oil revenues flowing profusely, up to a remarkable touches of $ 3 in exchange for one dinar.

While the dinar exchange rate collapsed after the freezing of Iraq's oil exports early nineties to reach nearly 3,000 dinars per dollar. But after 2003, and the expansion of oil exports and recovery levels of oil prices returned exchange rates to rise again around 1200 dinars per dollar.

The dominance of oil on the dinar

Iraqi economy horribly exposed on the outside to provide the needs of the country's goods and services due to the weakness of national production to meet the minimum demand of the public on the various types of consumer and investment goods. This is actually committed the government with its institutions (especially the central bank) to stabilize exchange rates at appropriate levels to secure citizen access to goods and services commensurate with the current income levels.

The Iraqi government gets its revenue from the dollar against the export of huge amounts of oil to world markets, and the oil ministry to transfer these funds to the dollar and the Ministry of Finance account. Because most government expenditures in Iraqi dinars, the Ministry of Finance resort to replace the oil dollar Iraqi dinar already available at the Central Bank of Iraq, and the consequent entry of the dollar to the central bank in exchange for the dinar out of it. Last government dollars and Iraqi dinars substituent accumulating foreign exchange reserves in the box.

This reserve of foreign currency is used in feed demand business sector (traders and others) and the family sector (public citizens) on the dollar in the exchange market, and the consequent dollar out of the central bank in exchange for the entry of the dinar to him.

Which it has already seen that the Central Bank of Iraq is the only bidder for the dollar, and the specificity of exchange rates in the oil countries. This fact made the exchange rates function of oil prices and production levels, thus increasing exposure to the economy on the global oil markets and volatility. When increasing crude oil prices and the flow of oil supplier profusely rising levels of central bank reserves of foreign currency, while easing the flow of that resource is shrinking foreign exchange reserves in the country, threatening exchange rates to decline.

The prospects of the dinar in the context of the current oil scene

Nibbles decline in oil prices, foreign exchange reserves at the central bank since 2015, because what comes out of the central bank, to cover the domestic demand of the dollar, higher than what the bank enters the oil from the dollar through oil revenues window. This fact is reflected in the decline in foreign exchange reserves at the central bank for nearly half, from about $ 80 billion in 2014 to about $ 40 billion at the current time. It means the continuous decline of the country's reserve of foreign currency sliding the Iraqi economy to the sharp part of the crisis.

Because Iraq is suffering at the present time due to the decline of government expenditures, economic recession (which is the engine of growth and economic stability), and if the central bank deficit in the coming months on the financing of the market demand of the dollar, it threatens to lower the value of the dinar. The fact that inflation in Iraq is linked to exchange rates tightly (because most of the domestic demand is covered import), the deterioration of the value of the dinar will leave immediately sharp inflationary waves make a complex economic challenge (stagflation), threatening the economic and social security in the country to collapse.

In the face of these serious challenges and will result in the speculation on the dinar increase the depth of the crisis fever, it is imperative to economic decision-makers to anticipate the crisis to adopt a number of policies Perhaps the most important:

1. find alternative policies for the auction sale of the currency because of the tainted by suspicions of waste and corruption contributed to the expansion of the size of the gap between the official exchange rate and the parallel exchange (market price) on the one hand, and accelerated in decreasing the size of foreign reserves at the Central Bank on the other.

2. The tax system reform in the country, namely customs taxes to reduce the dreaded exit the dollar by modernizing the customs tax structure of the form that limits the entry of luxury goods and Altfajrah expensive, and contributes to stimulating the national product that Iraq has a comparative advantage.

3. The size of the reserve of foreign currency is directly linked to the government budget deficit, the size of fiscal deficits rise in the past years has contributed significantly to the erosion of central bank reserves. This requires the approach to continue adjusting public expenditures, specifically ongoing, and the adoption of cost of return in public spending approach to achieve the maximum possible benefit.

This requires a revolution in the fact that public financial management with the need to focus on the importance of the completion of the final accounts in order to detect deposits of waste and corruption in public expenditure, both current and investment.

4. The adoption of exchange rate policy is creeping if crude oil prices continued to fall to avoid the transition towards a floating exchange rate immediately falls while foreign reserves at the Central Bank without currency levels cover.

5. try to move the economic sectors able to cover part of the external import, agricultural and some sectors such as food industries by providing them with loans and facilities necessary for the promotion of competition and foreign product. Such policy can achieve food security (at least partially) and absorbs part of unemployment on the one hand and reduce the drain of foreign currency abroad on the other.

Dr.. Haidar Hussein Tohme

Associate Researcher at the Center for Euphrates Development and Strategic Studies

http://www.fcdrs.com

http://www.middle-east-online.com/?id=251240

Aggiedad77 » June 25th, 2017

How many ways can you talk about unification and reconciliation in one phone call......yes we are all together.....yes we told the Saudi's we could play ball with them and share.....

Yes we told the Iranians to stop their stealing....get out of Dodge....I mean Iraq by sundown.....and of course we had group hugs with our neighbors the Kuwaitis.....all is good.....and as for terrorism....what terrorists.....they did themselves in with that last big BOOM....you heard it like we did.....

Heck we felt it here in the palace, the place settings even rattled that we have set.....we know we need to make manners with the Kurds...and they with us, it is being worked on.....our country needs those in the LL ( long Line) to come in.....let us shout internationalism to all of them and welcome them with open arms and open contracts for reconstruction work in so many areas....not just for the Kurds or Mosul or Fallujah or Ramadi....but all of Iraq.....

We stand poised for growth.....we stand ready to take on a new responsibility as a world entity.....we wish to be a regional leader....a leader of the international world....thanks to your support and the support of many others....IMO. Aloha Randy

Don961 » June 25th, 2017

Abadi receives a phone call from US Secretary of State

Political

Since 06/24/2017 13:57 am (Baghdad time)

Baghdad balances News
Prime Minister Olmert briefed Haider Abadi, a telephone call with US Secretary of State Rex Tillerson, the results of the recent visit to Saudi Arabia, the Islamic Iran and the State of Kuwait and the Republic. The new Tillerson position of the United States not to support the referendum scheduled to take place in Kurdistan.

The Information Office of the Prime Minister received / scales News / copy of it, "Prime Minister Haider al-Abadi, a phone call from US Secretary of State Rex Tillerson."

He said the office, that "the two sides reviewed the results of the recent visit to the Kingdom of Saudi Arabia and the Islamic Republic of Iran and the State of Kuwait."

Abadi said, according to the statement, to "Iraq's clear vision to move the region away from the specter of conflicts and wars, and hard to confirm the orientation of cultural commonalities, historical, and the development of economic interests between the peoples of the region and their countries."

The Prime Minister, on "the importance of benefiting from the successful experience of cooperation between the army and the Peshmerga in the liberation of Mosul battles," pointing to "the need to unify positions and mobilize international support efforts to strengthen the financial situation, economic, and building state institutions."

The statement said that "the prime minister stressed the need to direct all local and external efforts to focus on the elimination of terrorist Daesh gangs, and not to be dragged to the side battles, Tillerson agreed with this approach and stressed that the United States will remain focused on fighting Daesh."

For his part, al-Abadi Tillerson to "congratulated the successes achieved in the battle to liberate Mosul and political and diplomatic success regional openness to Iraq," praising the "Iraqi attitudes balanced regional crises and problems, and the importance of Iraq's role in the stability of the region and cooperation between their countries."

The new US Secretary of State, "the position of the United States not to support the referendum scheduled to take place in Kurdistan, and the need to focus efforts to cooperate with the central government to meet the challenges of stability and reconstruction after the completion of the battles for liberation" .anthy 29 / A 43

http://www.mawazin.net/link

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