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Monday, June 26, 2017

KTFA UPDATE, 26 JUNE

Iobey777:  Article:  Components of the Iraqi payments system:  https://cbi.iq/news/view/130

WOW!  This article screams INTERNATIONAL!! it says they are Done and are in line with the WB and other banking institutions,laws, etc! Way to go Iraq!

Upstart:  Well, I finally got around to scanning the Q&A late on Sunday night here in the UK. As I'm posting this, it is about 1am (8pm EST). Here are the questions that had me thinking and my observations.....
Madeeandlynndee  :    Why would they pay the interest early?  ( Warka)                                         
Frank26:    BINGO !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Upstart: So, they want to close their accounting period in advance of the 30th..... This is an even stronger indication than the auctions, as we can tie it to a specific date. BINGO indeed

Richard:  After M CC......what will be our study of priority?
Frank26:  26TH TO 30TH !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
                                                                                               
Mosul.... Eid.....Public holiday, ISX shut down warka bank paid interest a week prior to due date of June 30th.  BOOM SHAKA LAKA !   
 
BenBlessed1:  Frank- do you and teams still expect to use all 9 days prior to any rate change as in RV?- seems 26th -30!!
Frank26:  WE WISH THEM NOT TO BUT IF THEY DO WE KICK INTO 10TH TO 15TH                                                              
Good clarification. 10-15 was simply a back wall if they go the full 30 days. Everything else suggests it will be sooner.
 

Shellbell:  Does Abadi plan on announcement of liberation of Mosul on Sunday?                    Frank26:  YES    I BELIEVE HE WILL

Revised expectations... Eid is Mon for Shiites 
 
Jdufall:  Frank, wouldn't the 90day start after Ch7's removal ?                                                 Frank26:  NO .........LIFT 000.........THEN THEY GET CH7......... ESCROW ..........LOAN...........ETC 
                                                                                    
UNSC is transferring escrow funds on June 30th  Cmon !!!
 
MilitiaMan:  Frank it appears that there is a view that can't seem to grasp what the unsc has told the world. Imo reading into this month is over real close is not time well spent?
Frank26:  HAS NOTHING TO DO WITH THE 30TH ..........HAS EVERYTHING TO DO WITH KW (kuwait)

LoneStarCowboy:  So KW happy is the lynch pin to all?
Frank26:   TO CH7

Lilaromero:  I thought I read WS (or one of your teams) saying KW HAPPY                            Frank26:  THEY ARE............. THAT I DID SAY

Escrow funds transfer June 30th.... Does this mean the KW account will be settled prior ? I like where this is heading.
 
Frank26:  DO NOT MIX CH7 WITH THE MR
 
Possible light bulb moment.....RV gives the means to settle KW account !
 
MadeeandLyndee:  Can you expand on KW tonight?                         
Frank26:  SIMPLY .................THEY R HAPPY WITH A ...........THATS WILD !!!

LB Aus:  CAN YOU TELL US MORE ABOUT KW
Frank26:  NOTHING ELSE TO TELL............THEY ARE HAPPY .........HENCE UNSC MAY REMOVE CH7

I think Ch7 will coincide with escrow funds on June 30th. Again, this is making me think RV will be prior to that or, at least coincide.
 

David12001:   Do you or the TEAMS see any reason why the escrow wont be paid on the 30th?                                                    
Frank26:  IF THEY DO NOT LIFT THE 3 Z                                                                                                
3 zeros lifted.... only one thing left to do    Just to confirm, how about this.......
 
JoeBrown 1949:  Don't they have to rv to get out of chapter 7 fully and get their money from oil for food.
Frank26:  HENCE WHY I JUST SAID .................. LIFT 3 Z FIRST THEN CH7 CAN BE REMOVED

Last, but not least, I wondered if this might reinforce the reasoning that July 12th is our back wall...........
 

LivinMemphis:  Comment Frank….I put your important remarks in my calendar…coincidently July 11th is the start of the 72-78 when we first thought way back when this would MR which put the 76th day on July 15th. Interesting isn’t it? or Is this more than a coincidence, done on purpose with purpose?
Frank26:  THERE ARE NO COINCIDENCES ................. CORRECT?.............. WINK

This is going to be quite a week !

Samson:  EU: Iraq is a positive pace for investment
 
06/25/2017 20:32:13  

The European Union 's ambassador to Iraq , said Patrick Samont on Sunday that Iraq is a positive pace to achieve optimal investment .

Among Samont during a press briefing, he said that Iraq is still in need of stability and security of economic and stable situation and a plan for reform, because it still focuses his attention to get rid of Daesh terrorist, pointing out that political stability inevitably will form the optimal after the elections, so the reform will advance and sends a signal positive European investor to invest in Iraq .

He Samont he believes that this year in a European entry for work and investment companies in Iraq   LINK

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