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Sunday, January 28, 2018

New IQD NEWS (RANT # 73)

TNT Update, 28 Jan


NMMontana:  More banks named in forex collusion case~ https://www.fin24.com/Companies/Financial-Services/more-banks-named-in​-forex-collusion-case-20180128

NWMontana: Great Article, from Jan 15th...Bahraini, Arab banks to boost ties with​ Iraq~ http://www.newsofbahrain.com/viewNews.php?ppId=41187&TYPE=Posts&pid=21​&MNU=2&SUB=50

NMMontana: The International Monetary Fund [IMF] has urged Arab states to tackle ​growing "frustration" among their populations ahead of a two​-day regional conference from Monday in Morocco with a message of refo​rm.~ https://www.alaraby.co.uk/english/news/2018/1/28/imf-urges-arab-states​-to-tackle-economic-frustration

NMMontana: For us Global Finance nerds... https://www.c-span.org/video/?440227-1/panelists-speak-global-economy-​world-economic-forum

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Skipper2:  Great Read.. Makes for an ideal time right after Davos, to bury the RV of Iraq...

Every One of the World’s Big Economies Is Now Growing

By PETER S. GOODMAN AN. 27, 2018

LONDON — A decade after the world descended into a devastating economic crisis, a key marker of revival has finally been achieved. Every major economy on earth is expanding at once, a synchronous wave of growth that is creating jobs, lifting fortunes and tempering fears of popular discontent.

No tidy, all-encompassing narrative explains how the world has finally escaped the global downturn. The United States has been propelled by government spending unleashed during the previous administration, plus a recent $1.5 trillion shot of tax cuts. Europe has finally felt the effects of cheap money pumped out by its central bank.

In general terms, improvement owes less to some newfound wellspring of wealth than the simple fact that many of the destructive forces that felled growth have finally exhausted their potency.

The long convalescence has yielded a global recovery that is far from blistering in pace, and geopolitical risks threaten its demise. Many economists are skeptical that the benefits of growth will reach beyond the educated, affluent, politically connected class that has captured most of the spoils in many countries and left behind working people whose wages have stagnated even as jobless rates have plunged.

And still the fact that every major swath of the globe is expanding is a source of optimism.

There is no guarantee that this expansion will prove more equitable. Yet if growth were to evolve, bolstering wages while adding to the security of middle-class lives, the beginning would probably feel something like now.

 “The world is less reliant on a few star performers,” said Barret Kupelian, senior economist in the London office of PwC, the global accounting and consulting company. “If something bad happens in one economy, the fact that global growth is spread gives you more assurance that this is more sustainable.”

Read Full Post here:  LINK

Ktfa Update, 28 Jan

DLR: "Fear is a sign that you're doing what's needed to move forward in the right direction."

DLR:  Obstacles are what you see when you take your eye off the prize .

DLR: A true legacy is established over a lifetime and relates to what a human being does for others, not for himself. – Bill Courtney
 
RVDoc: I have something I have been giving thought too for a while.  Because the new tax rules are taking away tax free investments on bonds, etc.. why?

And why are they waiting to work on the infrastructure bill in DC?

I am thinking that they want the infrastructure funding to be the only thing they will add or approve for tax free investments.  And if there happens to be an enormous amount of money out there looking for that, bingo!

Also to think about those who want something safe and solid to invest in our country, the Dinar community will have plenty to use!  Has anyone else had this thought?

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Samson:  :  Statement by the US Embassy on Sullivan's visit to Iraq today

 28th January, 2018

The US Embassy in Baghdad