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Friday, March 30, 2018


Ty1:  WS will the article(s) announce the entire process or will there be several that piece together the whole situation like: ATMs, International MasterCard, Lower Denoms etc. One could say the launch already started with the MasterCard release?  

Walkingstick: In brief, yes... in a succinct manner, with enough understanding/ information to eliminate any confusion... Coupled, with the launch ... there, will be.. many more to follow .. as the process dictates, more information will be released...

Adding to that, details... specifics of the process.. is and has been in motion... revealed, to the Iraqis themselves...then,  we will ever know/read of... 

That info will be released within the article/s when released.. Stated, many times... the process, its means ..can be launched in a number of different manners... The notes, their denomination... in question, would be launched for a number of pertinent reason/s...  not arbitrarily, or haphazardly.. it, will be... for reason/s 

Don961:  The central bank's cash reserves exceed the $ 50 billion barrier

March 30 2018 01:40 p
Central Bank of Iraq - Archival
Baghdad Post
The governor of the Central Bank, Ali Al-Alak, exceeded the central bank's cash reserve of 50 billion dollars.
The central bank governor said in a press statement that this ratio is normal in terms of local currency and according to internationally agreed standards of the International Monetary Fund.
Al-Aalak stressed that the Central Bank continues to print the local currency due to the existence of damage and aging in order to maintain a balance between the offer of the local currency and the reserve, pointing out that this is the central role of the Central Bank.
The Governor of the Central Bank, that the rumors of every period on currency counterfeiting exaggerated words, pointing out that the bank has the devices capable of detecting any fraud, and the percentage of fraud found and discovered by the bank does not exceed six sheets per million sheets, and impose large fines To the banks or entities that deposit them.   link


Samson:  :  OPEC Secretary-General: The whole world is indebted to Iraq to defeat the support and stability of oil prices

2018/3/29 19:54

Prime Minister Haider al-Abadi discussed with OPEC Secretary-General Mohammed Barkindo the role of Iraq in the organization. "Abadi met in his office in Baghdad on Thursday evening with Barkindo and his accompanying delegation. During the meeting, they discussed the future vision of the OPEC countries regarding oil and the importance of preserving the stability of the region," the statement said. In addition to the role of Iraq in the large organization. " 

"The whole world owes Iraq thanks for the defeat of the gangs and the support of terrorism, in addition to what Iraq has achieved contributed to the stability of the region and has a positive impact on OPEC countries," Barkindo said during the meeting. 

He stressed that "the role of Iraq was significant in the agreement that took place in OPEC, which contributed to the current stability of the price of oil," praising "the economic program pursued by the government and the importance of continuing this approach, which will revive Iraq economically."   LINK


Samson:  The Silk Road is an opportunity for Iran to lift its place in the global economy

The achievement of economic independence is an objective affirmed by His Eminence the Leader of the Revolution and must be used to achieve Iran's commercial efficiency and a prominent role in the regional and international markets

 29th March, 2018

What should be highlighted is the need to enter Iran in regional associations and participate in collective economic projects that serve the interest of its member countries in view of the importance of the global economy under the current circumstances.

Each country must meet its needs by moving to other ways to meet its requirements, increasing its benefits and profits. Economic relations and the rapprochement between its people and other peoples of the allied countries at the lowest cost and without falling into the trap of dependency of the superpowers.

In addition, this cooperation or alliance leads to a dam that prevents the subjugation of the superpowers and impose economic pressure on those who want. This in turn stimulates Iran as a member of the Movement of Non-Aligned Countries, which includes 120 countries to join economic unions to open doors to display their local products and competencies In engineering, technical and infrastructure services, which provides an opportunity for them to achieve self-sufficiency and independence in other areas through regional cooperation in which everyone wins.

One of the unique opportunities for Iran is its joining the new Silk Road, the "modern-born economic pole" that will make Iran a player that can never be ignored by the international community and a large share of the world trade basket. It is impossible to conceive of civilian transport or the transfer of goods without considering Iran as a road and an international intersection connecting the east with the west and the north with the highest security in Western Asia.

Iran's geopolitical position among its 15 neighbors and the access of these countries to its free water are an exclusive advantage enjoyed by Iran in the regional and international trade relations. It is the country that links the Caspian Sea to the north, the Persian Gulf and the Sea of ​​Oman to the south. Not to mention Iran being the road between the Far East and Europe by land and between that region and Africa by sea.  LINK


PappaJ:  Article:  “The Chinese yuan is expecting the biggest quarterly increase in 10 years”



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