,
DINARESGURUS.BLOGSPOT.COM_________________ _______

Friday, September 21, 2018

THE RECONSTRUCTION AND STABILITY OF IRAQ, 21 SEPT

Article quote: “THE NEED TO ACCELERATE THE ENACTMENT OF LAWS THAT SUPPORT THE RECONSTRUCTION AND STABILITY OF IRAQ”. ...this is coming from the newly elected speaker of parliament. More proof, yet more evidence of why I keep saying about certain laws that must be in place an implemented prior to any RV for stability reasons. Just because the CBI does not come out and specifically say what these laws are, does not mean they are still not needed… 

Oh – did the CBI governor himself just tell us also in Monday’s press release that he needs STABILITY to go ahead with the “project to delete the zeros”? So what is this needed STABILITY? This is why I keep saying, that if the Iraqi political environment does not become stable again, by at least mid October, we are going to be in for a longer haul for any RV and it may overflow into 2019... All I can say is Haider al-Abadi better get re-elected as the prime minister as this is our best chance and hope of limiting this time line to the reinstatement..

House budget committee revises rupiah exchange rate | IQD Dinar Currency...

12THMAN TIDBIT, 21 SEPT

Just got off a call with our group and one of our US political insiders. This person made it very clear that 10-12 days out from the Mid terms was their goal.  They want a positive US environment... Stability and progress, not just in the M.E., is key. It's just as important if not more here in our own country.  He went on to state that you will see lots of little things leading up to some big articles and statements made by key figures as we draw closer to Nov.

MILITIAMAN TIDBIT, 21 SEPT

Article:  "Governor of the Central Bank of Iraq participates in the meeting of the Board of Governors of central banks"   This meeting has to have been one very interesting meeting and I'll bet it has significant information being passed along between members. Interesting that the BIS has chosen to not publish Iraq's Exchange rate to the US Dollar yet this year on their website for daily nor monthly, quarterly etc.. They quit in qrtr 4/2017... 

OOOTAH UPDATE, 21 SEPT

ADAM MONTANA TIDBIT, 21 SEPT

We have two pending issues before we will see an RV. One is a resolution on who, if anyone, will take Abadi's place. I'm feeling more and more confident that Abadi may very well retain his position, and that's a great feeling! Without getting too deep into it, because I've certainly spent a fair amount of time on this topic over the last couple months, I feel like he's a great option for the country and it would be much more expedient for our purposes if he were to retain his seat.  The other issue, of course, is HCL. There are some rumors floating around that it is "done"... I have not seen any evidence to back that up, and that's my stance. 

Steady progress has been made, but until the first item is cleared up we really cannot expect anyone to stick their necks out and "get it done". Until they know where the money is going, they aren't going to be signing any deals! And until they have a new PM locked in, they can't be certain where the money is going to go It's as simple as that.  As far as a "timeline" on this situation... I don't know. It could be a week, or a month, or more. But they will not go forever without an official sitting Prime Minister, so as soon as that is settled, that is when we can expect things to move forward. Items of note:  1. I like progress. It appears that the Speaker role has been filled. Good news there! Keep up the good work, Iraq... check those items off the list until we're ready for launch. 

DAN'S HIGHLIGHT, 21 SEPT

September 20, 2018

GCR/RV Highlights

Summary: RV process is underway, and we are waiting for the release of the payments. Paymasters have funds and are waiting for the release codes. The back wall is the end of the fiscal year, which is the end of September. It is expected that Tiers 3 and 4 will be done by then. Tier 5, the general public, will not exchange until next fiscal year (October).

PHILIP T. UPDATE, 21 SEPT

ARTHUR TIDBIT, 21 SEPT

Arthur :  The equation is and always has been GOI + HCL = RV.

As of this moment we are in a place where we have neither.  And neither do we yet have an RV. That is it in a nutshell.

Many things activated but not as yet implemented. Still an I to dot and a T to cross.

This could all still happen within any 24 to 48 hour period.  I have from a good Washington source Mr T is pushing for some time shortly prior to the mid terms.

As usual patience is a virtue.

THE BIG CALL NOTES, 21 SEPT

THE BIG CALL WITH BRUCE THURSDAY, SEPTEMBER 20, 1018, INTEL ONLY
TRANSCRIBED BY PINKROSES


Bruce:  Welcome Everybody to the Big Call tonight. Is Iraq still in the equation? The unfortunate answer is Yes they are.  They are still a factor. They have been given an ultimatum today by our administration to have all this stuff done meaning temporary election, their CBI up and out with the new rate, to have HCL talked about and discussed and put out in the open.  All these things dealing with Iraq is to be done. The ultimatum is for this to be done by Monday. Iraq has said they expect everything we just talked about to be in the Gazette on Saturday. That is their normal publication date. It could be in sooner digital. It should be in the Gazette on Saturday.

Bruce:  You wonder why they haven’t done it.  Don’t they want the rate out?  Yes, they do, but guess what the holdup has been?  They have a number of people in Iraq, bad guys, that are still needing to be picked up, arrested, and dealt with. They have a limited amount of time to do that. They have been doing it, but they need to complete that. That is why they haven’t put it out in     the Gazette and why it hasn’t been completed in our point of view. It has to do with the arresting and handling of those arrests.
Bruce:  The next topic is us here, Tier 4 Group B, Internet Group. Remember for a number of years ago it was 6.5 people paying attention what was going on in the world.  For a while the dinar was the lynch pin. It is still important.  More people have dong than dinar now. The Zim obviously reigns high above than those currencies because of the denominations of those gold back Zim bonds we hold. I will say this, when we get the toll free number, the go ahead and I put them out and we start setting our appointments, you have 21 days to redeem your Zim. After that it is it.  That is interesting. I don’t think anybody listening to the Big Call will have any trouble setting their appointment in within 21 days.

Bruce:  The other thing is we still have some clean up on aisle 3. There is still some clean up not only in the United States but globally. A variety of people they want taken out of the way to help this go smoothly with no interference of people trying to throw a monkey wrench like messing with our funding. They are in the process of cleanup on aisle 3. It is necessary. We think:  Is it ever going to happen? They keep kicking the can down the road. I know that is what it seems like. I feel your pain. Listen this is the kind of stuff that has to happen and it is for our benefit. This clean up on aisle 3 is important.  It is global, as in the United States, UK, etc.  It is important, and we have to realize our President Trump is well aware of the situation and is updated throughout the day, and will make the decision when to go when he feels based on his advisors it is safe for this to be released to us.  I look at it as a very important and positive thing that has to happen for us.

Bruce:  We also know that there was a very important call this morning that came from the US Treasury top 2 guys talking to other representatives of the Treasury on the call which lasted 90 minutes. This went to, I counted, to 14 to 15 different banks in the US and Canada. It was really a very good call.  Our President Trump made an appearance for a couple of minutes and was able to say something to the group. It was released to at least 7,200 Redemption Centers and Exchange Locations throughout the country. I think it is putting us in position where the coast is clear and we have that safety factor that we need to have built in to this exchange process for our own protection.  When that is through, we will get notified, get the toll free numbers and be good to go.

Bruce:  I know there is a time and date set for us tentatively based on a good report. We just have to wait out for a few days to see when that actually occurs. Everything we are hearing things are moving along seamlessly that even the cleanup is moving along at a very good pace without much incident and it is going well. I am very happy with that.

Bruce:  When it comes to what else is going on financially, we know the Chinese elders have all been paid earlier this am, maybe more like overnight last night. As a result of that, we have 21 tranches coming out overnight tonight to the various funding sources like the Landa China Global and the other funds, and there are a number of these. 21 different tranches.  The Zim platforms are suppose to pay out tomorrow night. That is a very positive move for everybody,  for us. The other thing is we understand there maybe a couple of announcements that we are looking for that may take place tomorrow afternoon.  We will see what they are. I don’t even know what they are yet. We can keep an eye on that tomorrow.

Bruce:  There is so much moving on behind the scenes. There are a lot of pieces to this puzzle and typically more pieces are found to put in this puzzle on a daily basis. I think we all will be highly blessed as a result of this. I think the President is going about this the right way. The US Treasury is in control of this as far as the release to the banks.  The banks are ready. They have been well trained. The Redemption Centers are ready. They have been well trained. We are just about to see this manifest for us. I want all stay on a very positive mood on a high alert, high expectations.
Bruce:  Be prepared to make a good accounting what it is you want to do with your projects.  I told you that you have access if you are a project player, someone that is going to be part of Rebuild America or the Veteran Retreat Network or your own projects on your own, you can get access to 10% of your total exchange and Zim redemption in 32 hours. They are prepared.  If you are not a project person and you not going to do a thing like that and you are just in it to win it, you can get access up to $10 Billion dollars in 32 hours.  There will be plenty of liquidly available at the time of your redemptions /exchanges.

Bruce:  Obviously we are going to do major projects. I am going to concentrate initially with the Wilmington, North Carolina area. I know that entire area of North Carolina and South Carolina very well. All these areas are beautiful and we will rebuild it. Mr. President Trump and the Administration:  If you are still listening to the Big Call let my people go. Let this thing go, and we will be the ones to help you Rebuild America and rebuild these areas that have been hit so far by hurricane Florence and the tornadoes in Virginia. That is my plea to the Administration and the President to let this sucker go so we can be there helping you giving you a helping hand.

Bruce:  The Cajun Navy was a huge big help. All the power companies from 15 to 16 states are there now restoring power. We need these storm waters to recede. We have to get internet up for everybody and try to get homes for those who need new homes and rebuild homes that can be saved. If you are with me in the Big Call think of what areas in that damaged area that you might want to adopt. I got Wilmington, North Carolina.  There are a bunch of small towns and areas that need help in North Carolina. We are going to help.

Bruce:  I want everybody to take a deep breath. I want you to be looking forward to possibly a great weekend. I know this is coming to an end shortly. Let’s think of people that have less than we do and how we can help them.  Make sure you are healed personally before you try to help someone else. Make sure you are in good health.  It is important.  Than you can go out and make a difference in the world.

Bruce:  Thank you for staying tuned for 6 and 3/4 years. Thank you, Pinkroses. Every Tuesday and Thursday night seems our call gets transcribed and I appreciate that dedication. Thank you all also for all those who put out our call and those who comment on it. Thank you, Bob and Sue.  Make sure you register your email on:  bigcalluniverse.com. We will be in touch with you by email. Thank you everybody.  Good Night everybody. God Bless you all.

THANK YOU BIG CALL AND BRUCE, HUGSSS

Restored Republic via a GCR: Update as of Sept. 21, 2018

Compiled 21 Sept. 12:01 am EST by Judy Byington

The below is a summary of information from the Internet. It would be up to the individual reader to do their own research and decide whether or not it is valid. Patience is a Virtue. Having Virtue is a sign of a good moral being. Good moral beings have the power to overcome evil and change the world.

A. The Big Call, Bruce: Thebigcall.net: 712-770-4016 pin123456#

1. Today Sept. 20 Iraq was given an ultimatum to have their new Dinar rate out by Mon. Sept. 24. It was expected to be published in the Iraqi Gazette on Sat. Sept. 22.

2. Tier 4 Group B (Internet Group) would have 21 days to redeem their Zim after the 800#s came out.
....
3. There was still a variety of people to get out of the way in order for the RV to go smoothly.

4. President Trump would make the decision to go when he feels it was safe for us.

5. Today Sept. 20 there was a very important call with the US Treasury and President Trump that went out to the banks 7200 redemption centers and exchange locations throughout the country.

6. There was a set date that this was to go (that was within days).

7. The Chinese Elders have been paid and there were 21 traunches of money going out tonight Sept. 20.

8. The Zim platforms would be paid out tomorrow night Sept. 21.

9. There were a number of announcements that would come out tomorrow Sept. 21.

10. You would have up to $10 million dollars in liquidity available within 32 hours of your exchange.

*************

B. Sept. 20 2018 10:35 am EST Intel Report: Operation Disclosure: GCR/RV Intel Alert for September 20, 2018 Operation Disclosure

(Disclaimer: The following is an overview of the current situation based on intelligence leaks received from several sources which may or may not accurate. Other confirmed sources may also be included in this overview.)

1. The fate of all Western countries hinges on BRICS through control over the USD. The USD is currently standing on thin ice, doomed to collapse without being replaced by an asset-backed currency.

2. All nations are prepared for either event: (1) the collapse of the USD or (2) a new asset-backed USN currency.

3. The bill to introduce the USN was already made (behind closed doors) and was sitting in limbo waiting to be voted on.

4. In order for the USN to be voted on, assets are required to back it. These assets can only be supplied from China which originates from Zimbabwe. Zimbabwe cannot provide the assets required for the USN until the country's national debt is forgiven. Zimbabwe's national debt can only be forgiven through the RV.

5. Worldwide redemption of 100T 2008 Zimbabwe (Bond) Notes is the key to Zimbabwe's freedom.

6. This worldwide redemption event (RV) would also cause an isolated jubilee that would flood the world with wealthy humanitarians.

7. The RV would be the trigger toward a cascade of events leading up to GESARA.

**************

C. Sept. 20 2019 Final Wakeup Call: Final Wakeup Callhttps://inteldinarchronicles.blogspot.com/2018/09/final-wakeup-call-feared-awakening.html

1.“Where We Go One We Go All” is an inscription on the ship bell on the yacht of John F. Kennedy - a sacred code of honor against the evil enemy.

2. In the next month or so, unprecedented revelations will be forthcoming, both in scope and magnitude without historical precedent, that could cause a revolt under the un-awakened part of the population.

3. The real rulers in Washington are invisible and exercise power from behind the scenes. Today the path to total dictatorship of the world can be laid out through legal means, unseen and unheard of by Congress, or even the President. The Deep State operates freely within our government and political system, through bribed politicians called puppets. All strange developments in policy agreements may be traced back to this secret group who are endeavoring to create a world to suit their purpose.

4. The tactics employed were manipulation of economies, trade and the masses through fear of war, starvation, economic collapse, imprisonment and death. This fear-mentality has dictated global events for centuries and standard operating procedure.

5. The world was bankrupt financially, economically and morally, but through manipulation and deceit, people have been led to believe that all was well.

6. The experiment with paper money began on August 15, 1971. “From now on,” said U.S. President Richard Nixon, “all foreigners who want to do business with us lose the right to exchange their dollars for gold.” From that moment, the value of the U.S. dollar was determined by what someone attributed to it.

7. Exporters have over-produced, importers have consumed too much and the world is awash with too much money – credit expansion – in circulation. This would eventually cause collapse of the world’s monetary system.

8. The MSM was the last bastion of the “Deep State” organized crime network that, over the years in the past, has infiltrated and hijacked critical institutions. Even their days are numbered, and the ensuing collapse would most likely be violent and shocking to all those unaware of what was unfolding. This will create chaos.
9. Trump Team and the Alliance were prepared. The military has been trained and instructed. Trump has already issued an EO for the implementation of martial law, while threatening the media monopoly as no other modern president has ever done.

10. The awakening isn’t entirely pleasant, but we are being set free by it and will be able to make new – our very own – choices. This will be a big eye opener for most people, and will take place, most likely, with no announcement.

11. Miracles will become common place, and thousands of new technologies will emerge. Don’t be surprised or dismayed by what is about to unfold, but instead, be grateful and rejoice in your first time ever true freedom that is about to unfold.

12. The evil “Deep State” traitors and criminals are so terrified, as they realize that they have been cornered by the report of the Inspector General on the CIA, DOJ and the FBI. This report outlines and proves fraud and criminal activity in these Departments.

13. This may be the starting point that sends many in high office in these departments to jail for their crimes. For this very reason, the Khazarian mafia are now activating all their resources in a desperate move to save themselves.

14. The Inspector General’s (IG)-report is about the restoration of the rule of law that has been ignored and disrespected for decades. All these bribed puppets –low, middle and high–level, have taken over the system to the point where the rules of justice could be directed toward their opponents, while masking their own criminal activity. What is presently scaring the living daylights out of this crime syndicate is the restoration of the rule of law. When there is a full restoration of the rule of law, this is what will blow this globalist crime syndicate apart.

15. The debt-based financial system is already dead in the water and will soon be replaced by the QFS. This means, no more money for this crime syndicate, as their income flow from drug money and illegal oil sales are also drying up. This on its own will result in an escalation in the price of gold and silver, and the end of market manipulation.

16. The Central Bankers’ crimes are legendary and more than can be listed. In the meantime, Rothschild & Co. is ensuring the world that their business will stay in the family and in power for a seventh generation, as the current chairman prepares to hand over his seat to his son. At least that is their belief?

17. The Rothschild banking empire dynasty rule has been passed down to the successive generations for the last 200 years. It was started by Mayer Amschel Rothschild, and his five sons went on to establish banking businesses across Europe.

18. Rounding up the bad guys could be the easy part of the job. A couple of executive orders, have already been put in place. President Trump is a real Commander in Chief who lets his team get the job done. Nobody is able to hide – but deprogramming the decades of brainwashed citizens and telling them that everything they have been told is a lie; is an entire different story.

19. It is impossible to foresee every Deep State false flag operation challenge and threat, but people can and must prepare for these situations. President Trump has proclaimed September 2018, national preparedness month.“I encourage all Americans to take action to prepare for disaster and/or emergency, by drafting their response plan.

20. It is becoming more and more apparent that the hurricane bearing down on the east coast of the USA was engineered by the Alliance as a cover for their mass arrest operations – and the Global Currency Reset.

21. Q has often referenced the ‘Calm Before the Storm’. And, now President Trump is talking about it too. Q has also said ‘Watch the Water’. The most important thing is that people understand they should stay calm.

22. President Trump has said that a new gold-backed currency will be released to the public after the indictments are unsealed and mass arrests have taken place.

23. The President has also said that almost everyone in Congress is included in the sealed indictments for various reasons.

24. Massive prosperity funds will be released to help stimulate and revitalize the world’s economy, ecology and infrastructure. Social media giants will be publicly ousted as being direct assets of the Deep State’s own intelligence agencies.

25. Nonetheless, the MSM in general is ignoring what really is going on in the world, while more carpet bombs are on their way in preparation for the MOAB – Mother of All Bombs
D. Sept. 20 2018 10:00 am EST Q Says We Are Not Alone, Sierra: "Q Post: We are Not Alone" by Sierra (NZ) - 9.20.18

1. Q has released the Disclosure genie from the bottle by confirming that we are not alone in the Universe. Q hosted a Question/Answer session on 8 Chan. It was so popular it nearly crippled the server with over 400,000 responding. https://qntmpkts.keybase.pub/

a. Q post #2221:

Anon: 'Are we alone? Roswell?'

Q: 'No. Highest classification. Consider the vastness of space.'

b. Q post #2224: (Q chose to answer Disclosure questions from hundreds of thousands of questions. The Alliance is starting to prepare humanity for FULL Disclosure.)

Anon: 'Did NASA fake the moon landings? Have we been to the moon since then? Are there secret space programs? Is this why the Space Force was created?'

Q: 'False, moon landings are real. Programs exist that are outside of public domain.'

c. Q post #2222 (Discusses a changed date of the Emergency Alert Test. Q is confirming that the Emergency Alert Test is linked to Judge Kavanaugh's confirmation for the Supreme Court on Oct. 3 – the Red Letter Day for destruction of the Cabal).

Anon: 'Was moving the date back on POTUS FEMA "Presidential Alert" significant?'

Q: 'Due to K confirmation push. Hand in hand. (RR) (Rod Rosenstein) stand down due to K conf.'

2. Jordan Sather is understandably VERY excited by Q's confirmation of the existence of extraterrestrial life: https://www.youtube.com/watch?v=IsG3gQIRxno

************

E. Sept. 20 2018 Closure of New Mexico Solar Observatory Because of FBI Investigation, Reuters: The mysterious 11-day closure of a New Mexico solar observatory stemmed from an FBI investigation of a janitor suspected of using the facility's wireless internet service to send and receive child pornography, federal court documents showed on Wednesday.

*************

F. Sept. 20 2018 You Are Witnessing the Largest Mass Treason Event in History, Fake News, MSM Operation Mockingbird, FBI, CIA, Department of Justice, QAnon: https://www.youtube.com/watch?v=2dL46BzghuQ&feature=share

kKTFA CHAT, 21 SEPT

KTFA:

Walkingstick:  ftti.(for those that inquired) ... The lower denomination/s and or coin/s will be not put into circulation, arbitrarily... Prior, to the release ...of any, bank note/s and or coin/s into circulation...  Iraqis/ we will, read of ... it will be in print ....  The when, why, exchange -rate, description/s,  photos of..... etc:

GodsServant:  Thank you WS for this reminder

IMO at this point in our study the latest articles that we have seen complimented with Iraq's and the Fab 4's actions since the beginning of 2018 prove to KONA that the RI CAN NOT FAIL

The recent meeting in Jordan with the Central Bank Governors is monumental based on them discussing  the "issuance of currency, and Monetary Policy and Payment Systems"

We all know that the HCL is front and center and the RI does not need the HCL but the HCL needs the RI

Delta is pointing us to the Line item showing a 2000% percent increase in money spent for printing/producing new currency ( maybe LD's)
....
Is the GOI seated, IMO not yet. It appears the Kurds/Barzani are now happy and within 48hrs the President will be named/ Does the Constitution say the PM must be seated by the 25th, I look for Frank and Teams to verify and help interpret the wording of the Constitution

The education continues in and outside the Mosques and as Frank has said everyday during morning prayers

We are taught Abadi and Allack will visit the White House and Trump holds something on his desk , not revealed to us yet.

The US Mid Term elections are Nov 6th and the upcoming UN mtg scheduled for next week
It has been surmised that the US Treasury holds 7 Trillion Dinar............hmmmm

Frank has taught us that historically Sept is ACTIVATION month

Frank appears he has been given permission to provide KONA with a video this Saturday where IMO will focus on the GOI and MR

We are taught to now just watch the CBI, I also watch the BIS, follow the Turkmenistan Article, and wait on the latest posts from WS, and our teams

After being in the investment for some time I recognize the only constant is change. This is a fluid study and the above is only my high level focus points as we as KONA wait on the STUPENDOUS update.

Be Blessed KONA/Because IMO we Are

**************

Samson:  The death of the Vietnamese president at the age of 61 years

 21st September, 2018

Vietnamese President Tran Dae Quang died at the age of 61 on Friday, local media reported.

"President Tran Dae Quang died at 10:05 am (local time) on Friday morning," the VNA news agency said.

For his part, local television reported that the causes of the death of the president is due to "serious illness", "in spite of the efforts of doctors and specialists, local and foreign."   LINK

**************

Sthomas: (ii) prohibit any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which the sanctioned person has any interest;

https://www.whitehouse.gov/presidential-actions/executive-order-authorizing-implementation-certain-sanctions-set-forth-countering-americas-adversaries-sanctions-act/

WCM:  Wow!  I need someone smarter than me to look over the EO, but considering ALL that is going on with our government and certain individuals...... This seems like it could be VERY relevant.  ​
****************

Jay:  Basel Committee finalises stress-testing principles, reviews ways to stop regulatory arbitrage behaviour, agrees on annual G-SIB list, discusses leverage ratio, crypto-assets, market risk framework and implementation

Press release  |    20 September 2018

The Basel Committee on Banking Supervision met in Basel on 19-20 September to discuss a range of policy and supervisory issues, and to take stock of its members' implementation of post-crisis reforms.

The Committee discussed:

the results of the annual assessment exercise for global systemically important banks (G-SIBs). These were approved by the Committee and will be submitted to the Financial Stability Board before it publishes the 2018 list of G-SIBs. The Committee also agreed to publish the high-level indicator values of all the banks that are part of the G-SIB assessment exercise;

progress on revising the market risk framework. The Committee expects to finalise these revisions around the end of the year;

banks' responses to regulatory change, including potential arbitrage transactions. The Committee will publish a newsletter on leverage ratio window-dressing behaviour, whereby banks adjust their balance sheets around regulatory reporting dates to influence reported leverage ratios.

The Committee will consider Pillar 1 (minimum capital requirements) and Pillar 3 (disclosure) measures to prevent this behaviour. The Committee also agreed to clarify the treatment of "settled-to-market" derivatives in the Committee's liquidity standards and has published a response to frequently asked questions on this topic; and the outcome of its review of the impact of the leverage ratio on client clearing.

It also discussed an associated joint consultation paper by the Committee, Financial Stability Board, Committee on Payments and Market Infrastructures and the International Organization of Securities Commissions on the effects of post-crisis reforms on incentives to centrally clear over-the-counter derivatives, consistent with the G20 Leaders' commitments to reform OTC derivatives markets.

The Committee agreed to publish a consultation paper next month to seek the views of stakeholders as to whether the exposure measure should be revised and, if so, on targeted revision options.

The Committee also agreed to publish a revised version of its Principles on Stress Testing, following the consultation paper published in December 2017. The revised principles will be published next month.

The Committee exchanged views on emerging conjunctural and structural risks. Part of this discussion focused on banks' exposures to crypto-assets and the risks such assets may pose. The Committee agreed on further work on this topic that will inform its views on banks' crypto-asset exposures.

Committee members reiterated their expectation of full, timely and consistent implementation of the Basel III standards for internationally-active banks.

As part of the Regulatory Consistency Assessment Programme, the Committee assessed Saudi Arabia's implementation of the Net Stable Funding Ratio and large exposures standard as "compliant"; the reports will be published soon.

The next meeting of the Basel Committee is scheduled for 26-27 November 2018 in Abu Dhabi.

https://www.bis.org/press/p180920b.htm
Samson:  Including Iraq, warned 39 countries in the world of food insecurity

 21st September,  2018

Thirty-nine countries, including 31 in Africa, 7 in Asia and one in the Caribbean (Haiti), are food insecure, including Iraq, the Food and Agriculture Organization of the United Nations (FAO) has confirmed.

A recent report by FAO said that ongoing conflicts and climate-related shocks are currently leading to high levels of acute food insecurity, particularly in South Africa and the Near East, which still need humanitarian assistance.

Long conflicts, extreme events and displacement continued to hinder the access of millions of vulnerable people to food.

The list of 39 countries that require external food assistance includes Afghanistan, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Congo, Democratic People's Republic of Korea, Democratic Republic of the Congo, Djibouti, Eritrea, Ethiopia, Guinea, Haiti).

Iraq, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mozambique, Myanmar, Niger, Nigeria, Pakistan, Senegal, Sierra Leone, Somalia, Southern Sudan.

According to the report, FAO's latest forecast for global cereal production this year suggests output fell 2.4 percent year-on-year, the lowest in three years.

FAO is a specialized agency of the United Nations that leads international efforts to eradicate hunger and operates in more than 130 countries.   LINK
Samson:  Russian gas giant is considering the use of gold in his trade

 21st September, 2018

Gazprom is considering implementing a new mechanism in commercial accounts for its supply to foreign markets by linking these supplies to other foreign currencies away from the dollar, with gas prices linked to gold.

US sanctions have forced Moscow, the Russian firm to seek alternatives to the US currency in its trade settlements with its customers, to reduce reliance on the dollar, as Russia's transactions in the US currency may be subject to restrictions if sanctions were expanded.

"We have several ideas on how to carry out trade accounts in national currencies, including linking different currencies with a common denominator, and gold can be that," said Gazprom's head of contracts, Artium Axenev.

The gold will be used as a medium to set the exchange rate between two currencies, and the buyer will be able thanks to this mechanism to pay the price of gas supplies in his country's national currency, while Gazprom will receive the price of supplies in the Russian ruble.   

The senior official at Gazprom said that the company currently uses currencies such as the Russian ruble, the dollar, the euro and the pound in settlements with the company's customers.

On the volume of Gazprom's exports, Russian company data show that in 2017 it exported about 192.2 billion cubic meters of gas, compared to 178.3 billion cubic meters in 2016.

The data indicate that European countries are the most prominent markets for Russian gas, as Germany leads the list of importers of Russian gas, followed by second place Turkey, and then Italy.   LINK