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Monday, June 11, 2018

TNT UPDATE, 11 JUNE

TNT:

TishWash:  hmm I thought this was done Dec of 2017... I guess not

Security Council Sanctions Committee concerning Iraq Removes One Entity from Its Sanctions List

PRESS RELEASE  SC/13372

7 JUNE 2018

SECURITY COUNCIL

Security Council Sanctions Committee concerning Iraq Removes One Entity from Its Sanctions List

On 7 June 2018, the Security Council Committee established pursuant to resolution 1518 (2003) approved the removal of the following entity from its List of Individuals and Entities subject to the assets freeze set out by paragraphs 19 and 23 of Security Council resolution 1483 (2003) adopted under Chapter VII of the Charter of the United Nations.
B. Entities and other groups

IQe.001 Name: CENTRAL BANK OF IRAQ

A.k.a.: na F.k.a.: na Address: Rashid Street, Baghdad, Iraq Listed on: 21 Nov. 2003 Other information: Activity: Central Bank (bank of issue and controller of the banking system)
The names of individuals and entities removed from Committee’s Sanctions List pursuant to a decision by the Committee may be found in the “Press Releases” section on the Committee's website at:  www.un.org/sc/suborg/en/sanctions/1518/press-releases.

To obtain a fully updated version of the List of individuals and entities subject to the sanctions measures, Member States are encouraged to consult, on a regular basis, the Committee’s website at the following

URL:  www.un.org/sc/suborg/en/sanctions/1518/materials.

The Committee’s Sanctions List is available in HTML, PDF and XML format.

The Consolidated United Nations Security Council Sanctions List is also updated following all changes made to the Committee’s Sanctions List.  An updated version of the Consolidated List is accessible via the following URL:  www.un.org/sc/suborg/en/sanctions/un-sc-consolidated-list.

link

Tiffere213:  This is removing the Central Bank of Iraq from the sanctions list.
I believe the Government of Iraq was removed last year. It is all good!

Sunny:  CBI is the Treasury for the Government of Iraq.  So we may not know if other banks are on a sanctions list with the UN but the one that counts is not longer there.

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QueenBea:  hearing tomorrow should be a good day for us , with us going to the bank on Tuesday but as usual time will tell

Red:  I heard the RV will start in Hong Kong, I wonder if that is why POTUS went to Hong Kong today? what do you think maybe he will bring the button home so HE can push it

Fuze:  GM tnt, conventional wisdom say Iraq MUST have political clarity, before their new rate and International status is turned on; which is the part of their monetary reforms that we await. History says, Remember Kuwait, remember Europe after WWII. We may be very surprised.

Ify:  Can anybody remember the exact year this country moved off the gold standard? 1977 1976, or which year ???

KMAN:  Nixon took us off the goldstandard in 1971

Ify:  thx but well, duh, brain fart, the internet has just about everything ​- just did a search about the gold standard - http://www.foxnews.com/opinion/2011/08/15/forty-years-ago-today-nixon-​took-us-off-gold-standard.html

Harambe:  CNBC: Oil prices slip as US and Russian supplies grow https://www.cnbc.com/2018/06/10/oil-markets-rising-supplies-from-us-ru​ssia-in-focus.html

Harambe: Bloomberg: Oil Slips on Signs Russia Boosted Crude Output Before OPEC ​Meets https://www.bloomberg.com/news/articles/2018-06-11/oil-extends-losses-​as-u-s-rig-count-rises-russia-boosts-output

Harambe:  Bloomberg: Pakistan Devalues Its Currency for Third Time Since Decembe​r https://www.bloomberg.com/news/articles/2018-06-11/pakistan-is-said-to​-devalue-rupee-for-third-time-since-december

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Tishwash: Trade: 99% of the farmers' dues were disbursed as a first payment in Babylon

Economy News _ Baghdad

The General Company for Cereal Trade in the Ministry of Commerce announced on Monday that the warehouse complex in Al-Mouradah of the company's branch in Babil province will spend 99% of the farmers' dues as a first payment.

The director general of the company, Naim Mohsen al-Mukusi, said in a statement received by "Economy News" that "the warehouse complex in Al-Mouradah of the company's branch in Babylon continues to pay the farmers 'dues for the production of wheat marketed for the current season," adding that "the competent committee began to pay the farmers' After the receipt of new amounts of 3 billion dinars to complement the remaining transactions and according to the sequence of the marketing card.

He pointed out that "his company mobilized its advanced owners to follow the marketing campaign in the provinces of the country over the weekend," noting that the tours included marketing sites in Wasit, Salah al-Din, Kirkuk, al-Tuz and Babylon     link
Tishwash:  ‘Zim needs rebranding to attract FDI’

ZIMBABWE needs to brand itself in order to attract foreign direct investment (FDI) as it faces stiff competition from other regional countries, an official from the Office of the President and Cabinet (OPC) has said.

BY TAFADZWA MUTACHA

Speaking at a National Branding workshop held in Harare last week, senior principal director in the OPC Mary Mubi said Zimbabwe was in competition with other countries to attract FDI.
“The competition is real.

There have been intensified radio adverts by South Africa being open for business and many other counties are now singing the mantra across board and in terms of attracting investment, we have to catch up and surpass other counties. So, there is need to build a positive reputation, image or perception amongst the people of Zimbabwe and other stakeholders which include visitors, trading partners and potential investors to communicate the brand coherently,” she said.

“The purpose of National Branding is to enhance business relationships, increase tourism arrivals, restore hope for a better future for the citizens, restore investor confidence, and thus facilitate the growth of our economy to become a middle to high income Country by 2030.”

Mubi said that the rebranding process would need Zimbabwe to rediscover, reassess and reposition itself.

She added that there was a need to mobilise the citizens, mass media, businesses, government, private sector and other stakeholders to participate in the Nation Branding process.

“We need to move together, checking whether we are in the right direction. Everyone has a role to play, especially in this current phase of national conversations, where media players, marketers, researchers, our creative sector and individuals are key,” Mubi said.

The national branding process has so far completed the initial provincial data gathering, provincial profiles, compiled websites, provincial brochures and video guidelines for government websites among others.

This is part of the OPC’s plans to achieve national branding through robust radio and television adverts, research reports, brand essence brochures, videos, and websites among other initiatives.

At the workshop, provincial representatives presented profiles on progress they had made so far to harmonise and come up with a holistic national brand policy that will help attract FDI.

The idea for national branding was first conceived by former Tourism and Hospitality Industry minister Walter Mzembi to improve the country’s image through reforming the country’s trade, tourism and investment sectors back in 2016.

The concept was to involve ministries of Tourism and Hospitality, Industry and Commerce and Finance and Economic Development.

However, since then, there has been little progress made in that area with the OPC’s workshop meant at speeding up the process.   link

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