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DINARESGURUS.BLOGSPOT.COM_________________ _______

Tuesday, October 30, 2018

Zim Dollar Not For Sale/Border Wall First Section Done/Queen Wants USA Back

TNT: BANK STORY, 30 OCT

Grandma

Good evening everyone. Today my daughter went into a Wells Fargo bank in Washington, and ask about the currency exchange they told her they only take the Dong, and it is 16 cents per 5,000. she told them she would just keep it. She asked if anyone else has asked about the currency the clerk said everyday but they have not heard of no RV So any comments?

WSOMN CHAT, 30 OCT

Good morning. Off to work once again soon. Still hearing good information.


Hi all. I find it so strange that so many on TNT right now are ‘mentally preparing themselves for 2019’ yet they seem to believe every bit of gyro juice that the lovely Renfrow brothers say. This whole saga is weird


Where's Pam ? is she still Christmas Shopping?


Good Q…have not heard from her since Tony "went away"

dpchamp- I think she left becasue Ray took over and was not willing to share any of the Pie if you know what I mean imo


well, snake was going to bring -in the subject matter of the emailed-notes from the banker call. Snake, if you read this, I hope you will post the info somewhere...asap. I'm "curious"!


Stag I'm ok had early appointments


Wondering who snake is and why we are now looking to him for info? Thanks


KW if you have been paying attention Snake has told of his knolwage and sources...


GOOD MID DAY MORNING ADMIN IS UNDER THE WEATHER PLEASE DON'[T BE ASKING HIM TO COME IN BUT GIVE HIM A COUPLE OF DAYS TO GET WELL


Hello Sunni. He was in not long ago telling us he's off to work.

OK TIME OUT IF YOU NEED TO CONVERSE PLEASE DO IT IN PMS AND NOT THE CHAT

YOUR COMMENTS WILL BE ERASED

I REALIZE TENSIONS ARE HIGH AND SO ARE FRUSTRATIONS BUT THIS IS NOT A CLEARING HOUSE FOR THOSE FEELI8NGS

Sorry Sunni really meant no harm

 

SNAKE YOU ARE FINE IT IS THE ADULTS ACTING OUT

 

I DON'T EVEN MIND RESPECTFUL DEBATE

There are some jack wagons in dinar land, if you don’t like a post then don’t put a rude comment out just say thanks smile and move on. Through the years there has been many stupid predictions brought in.

 

I think too many peeps live their lives in these chats; becomes an obsession, sadly

 

Looks like I missed some fun fireworks

 

FEELING BETTER TODAY AFTER A FULL DAY AT WORK. SNAKE'S CREDENTIALS HAVE BEEN VERIFIED AND ARE GOOD.

I AM IN THE PROCESS OF CONTACTING SNAKE AND OTHERS FOR AN UPDATE TONIGHT. IT MAY TAKE AWHILE.

RaginCajun GOOD MORNING EVERYONE, WE ARE ONE DAY CLOSER TO OUR BLESSING

MILITIAMAN CHAT, 30 OCT

MilitiaMan:  Evening to everyone of KTFA. I hope you are all doing fine and dandy! A few thoughts to think about. Nothing in stone be sure, so don't shoot the messenger.. lol ~ MM

Last week we witnessed a convergence of many things. The week prior there was the symposium with Banks and financial institutions in regard to the Iraqi Currency. WS's (Walkingstick's) firm was in the meeting.

The following week we see the AMF (Arab Monetary Fund) in a series of meetings with Iraq helping with the MR (Monetary Reform) along, in conjunction with the likes of the WB, IMF, UST and BIS. Basra Boyz also confirmed the BIS was there..

WS tells us they tried and tested the rate and they were successful.

The success was the Real Effective Exchange Rate. So not only the AMF met, there were high level training of the trainers while they had the fabulous 4 in country. They did all that and seated the GOI on time too.
....
The amount of logistics to get all that done, all the people, hotels, gifts, training, etc, and with all those big players will go down as darn near nothing but, miraculous, imo. imo ~ MM

With that said, why PP and I, others, believe this is such a very bullish time frame is because the REER ( Real Effective Exchange Rate) is time sensitive, ioo.(in our opinion)

The REER was done Thursday last real close and for them to get the rate done, it cant be much longer for us to wait, as the margin of error in the rate becomes ioo an issue, as the rate could change and that would effect a lot of countries..

Therefore, the window we are in now this week thru Monday-ish next week is serious to us.. ~ imo ~ MM

What to expect and why? Well, with what we have learned from WS the rate is going to be effectively in a range that is based on a mixture of the AMF / AAD and the IMF / SDR 3x.

The latest loan issued by the AMF in summer of 2017 was around $4.25 - $4.35 / 1 AAD and the AMF / SDR $1.42 3x = $4.26 on the daily rate they use, if I am accurate.

If they use the monthly rate of the SDR of approx. $1.95 3x = $5.85..

All those numbers or ranges are easily supported by Iraq's wealth. ioo.. ~ MM

That is in brief where I/we/others think we are and nothing shows us that they are going out to next year.. Nor much into November for that matter.. - imo ~ MM

Imo they will not ever be 1:1 with the dollar where we in the USA could sell the IQD back for.
 I/we/others have strong feelings about the rate being back to or well above the glory days. They have told us they wanted to do it at that level many times..

WS brought us the formula relatively recent time past. I trust his opinion on the matter somewhat knowing where and what his connection is and to whom.

So the AMF / AAD - IMF / SDR 3x relationship meets that criteria and is competitive to surrounding nations in the AMF. ~ imo MM

WS also told us there would be a hard peg. That means to me/us/others they will come out strong and keep it there!! That will represent stability and security.. Just what a new currency needs to have!!

Therefore, coming out low could be rife with shorting, market manipulations as the lower the rate the easier it is to do so.

Think of the valuations of the companies that are publicly traded could be bought and sold quite easily by the very wealthy..

The stronger they come out, the less risk the country has not to mention they’ll get imo a credit rating boost to go along with it..

So, to me and others in my line of thinking support the view of WS, and my long standing point, “the longer it takes the more money we make.” Lol We shall see... imo ~ MM

Walkingstick:  Well stated MM ...ftti ...Yep, keeping in mind... Iraq's (NEER) & (REER) of past... (Both, having appreciated greatly over of the course of 4 years) was weighed, against.... the USD, only...  Today, effectively weighed... against, a basket.    Regards....
Real Effective Exchange Rate - REER

What is the 'Real Effective Exchange Rate - REER'

The real effective exchange rate (REER) is the weighted average of a country's currency in relation to an index or basket of other major currencies, adjusted for the effects of inflation. The weights are determined by comparing the relative trade balance of a country's currency against each country within the index. This exchange rate is used to determine an individual country's currency value relative to the other major currencies in the index, such as the U.S. dollar, Japanese yen and the euro.

BREAKING DOWN 'Real Effective Exchange Rate - REER'

The real effective exchange rate (REER) is used to measure the value of a specific currency in relation to an average group of major currencies. The REER takes into account any changes in relative prices and shows what can actually be purchased with a currency. This means that the REER is normally trade-weighted.

How the REER Is Measured

The REER is derived by taking a country's nominal effective exchange rate (NEER) and adjusting it to include price indices and other trends. The REER, then, is essentially a country's NEER after removing price inflation or labor cost inflation. The REER represents the value that an individual consumer pays for an imported good at the consumer level. This rate includes any tariffs and transaction costs associated with importing the good.

A country's REER can also be derived by taking the average of the bilateral real exchange rates (RER) between itself and its trading partners and then weighing it using the trade allocation of each partner. Regardless of the way in which REER is calculated, it is an average and considered in equilibrium when it is overvalued in relation to one trading partner and undervalued in relation to a second partner.

Benefits of Analyzing and Using the REER

A country's REER is an important measure when assessing its trade capabilities and current import/export situation. The REER can be used to measure the equilibrium value of a country's currency, identify the underlying factors of a country's trade flow, look at any changes in international price or cost competition and allocate incentives between tradable and nontradable sectors.

A country can positively affect its REER through rapid productivity growth. When this happens, the country realizes lower costs and can reduce prices, thus making the REER more advantageous for the country.

Understanding a country's REER is extremely important when conducting economic analysis and policymaking. Therefore, the World Bank, the Eurostat, the Bank for International Settlements (BIS) and others all publish various REER indicators. These world institutions combine to provide the public with REER analysis on 113 countries around the globe.

https://www.investopedia.com/terms/r/reer.asp

MILITIAMAN DISCUSSION ABOUT THE NOMINAL EFFECTIVE EXCHANGE RATE, 30 OCT

Walkingstick:  ftti ...Yep, keeping in mind... Iraq's (NEER) & (REER) of past... (Both, having appreciated greatly over of the course of 4 years) was weighed, against.... the USD, only...  Today, effectively weighed... against, a basket.   Regards...

MilitiaMan:  So then today, the tide is coming in.. (lol) ~ So very Nice.. ~ MM

Cruise:  The nominal effective exchange rate (NEER) is an unadjusted weighted averagerate at which one country's currency exchanges for a basket of multiple foreign currencies. In economics, the NEER is an indicator of a country's international competitiveness in terms of the foreign exchange (forex) market.  Shut The Front Door!!!!

RNoble:  WALKINGSTICK sir... do we need to wait on Iran to be in the basket prior to RI..?

Walkingstick:  Unlikely the rial played or will play part in this basket.. keeping in mind, 1 role of a weighed basket is to minimize currency fluctuation/s... having reason to believe, a basket of (strong) proven currencies similar to the USDX was/ will be utilized...
Strongcbm:  WOOOOOOW ! ! ! Family, if you do what Frank said on the CC tonight you will understand by reading what WS posted that we are "RIGHT THERE" .  I went to http://www.investopedia.com and read up on "NEER" Nominal Effective Exchange Rate. Please do the same. You will get a greater understanding ! ! !

KTFA PLAYBACK CC LINK, 30 OCT

Monday Night KTFA CC 10-29-18

The first part is business Promo and the second part is Dinar/Iraq Intel

PLAYBACK # : 641.715.3639 PIN: 156996#

https://fccdl.in/OWWvlusQD5

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Thank you Clare!

Clare:  ANOTHER STELLAR CC!!!!!! THANK YOU FRANK, WALKINGSTICK, DELTA, ANGEL-1 & TEAMS...WHAT A FANTASTIC CC....

We Know what we wait for …… ART 2

Beginning of Oct. (Oct. 8TH) 4-6 weeks away from Art 2...MOATF.. was given …. we are 3 weeks away now...

---Iran Pilgrimage is on! Iranians traveling into Iraq aprox. 4 million ...1.4 of those will enter Iraq...

What will they use as currency? They can not use Rial...Iran pours into Iraq with their currency & Iraq says we don't want it!

The Banks of Iraq do not accept any Foreign Currency ...

---IRAQ: We are a trading HUB... on Nov. 4th, Washington DC told Iraq to Sanction Iran & All Foreign   Currency ...CBI Does not want worthless currency with no value...no swaps ...no auctions..

US has told Iraq to Sanction Iran...Iraq is sending a message to D.C., Fantasic 4, that they obey!

The world depends on the US Dollar not the Iranian Rial!!!
....
Iran you got GOLD?????? Come in and bring your Gold ...Millions are forced ahead of the sanctions date to bring tons of Gold into Iraq because of the Rial being sanctioned...

-The speed of the sanctions you can circle in RED!!!

Excitement of Mahdi & speed of the CBI is very clear...

Gold that's about to pour in has been well calculated...they looked at it a long time ago (for timing)

Before they came into Iraq  & they used ATM's to buy IQD, USD, or Foreign Currency...But ATM's no longer disperse Foreign Currency...New ATM's ONLY disperse IQD & soon a new category note...

They will not disperse or accept gold ....sorry Iranians... This will drive a lot of gold into Iraq and isolate Iran...

Will cause citizens to pressure Gov. of Iran so their currency can be part of a Basket. This is being stimulated by Iraq but pushed by the USA... Mahdi moving @ pace of the USA ...moving fast like the USA...Faster is what Washington wants...Mahdi brought in to save MR by USA...

Notice these early sanctions for a reason- Security & Stability and pick up the speed of reforms...

Iraq starts sanctions before Nov. 4th as commanded by those in control...

Oil & Water don't mix...Iran don't bring your worthless currency into Iraq!  Because Iraq says
our National Currency will soon have value and we will only use our National Currency, which will soon have value for the world!..

Did you see Samson, Post #67 "The opening of the Largest Giant Screens in the Holy Religious Thresholds" They are used by the Mosques...and Sistani & Sadr ...the ones that are pushing the MR...

REER - Real Time Exchange Rate

WS--Testing----> Tried ----> Successful

Reer keeps a currency honest after REER announcement is made you see Art 2 in about a week...

UST in Iraq 24/7 ...Would benefit Mahdi to appoint Alak Gov. of CBI ..would be good to see somebody in charge of REER....

WS Post # 20 ftti …
Yep, keeping in mind... Iraq's (NEER) & (REER) of past... (Both, having appreciated greatly over of the course of 4 years) was weighed, against.... the USD, only... Today, effectively weighed... against, a basket.

As of today 4-6 Timeframe @ 3 week mark ..... TF is on track...furthermore in Frank's opinion.. before years end... what we should see in the remainder of TF should not be shocking because they are getting ready...they already told the citizens...

Frank's words of wisdom...

Because at the end so much is at stake, so KTFA/KONA stay in constant prayer for the unknown that comes to us in 2018.. Our Intel is Intellectual.  KTFA/KONA God is not so concerned with years ..

in God's word we see God is a God of Seasons...the start and the end of these seasons, God sees time different because he holds the seasons in time.

Prepare for the next season, because the season we are in, is now ending...Now if you understand REER ...then you understand we are at the rear of this study season, of the IQD...

What was told @ these CBI meetings for the Rose to unfold? Well let's see what next week brings...

This is all in Frank's opinion and this post is in my opinion.

Restored Republic via a GCR: Update as of Oct. 30, 2018

Compiled 30 Oct. 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.

Judy Note: The Bottom Line

A Stock Market Crash was a BRICS-planned implosion of the fiat Federal Reserve System in order to bring in the BRICS asset-backed Quantum Financial System.

Today Oct. 29 the NY Stock Market dropped 600 points to close in the red and was expected to implode at any time as European and Asian markets continued to dive. The last Stock Market Crash was on Black Tues. Oct. 29, 1929.
....
Would we have another Black Tues. 89 years later on Oct. 30 2018, or wait until Halloween Wed Oct. 31? Zimbabwe announced that the last day to monetize their Zim Bonds was also on Wed. Oct. 31. Additionally Wed. Oct. 31 was the deadline for banking elite to return gold that they stole, or gold bounties would be placed on their heads.

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

A. Summary as of Early Morning Oct. 30 2018:

1. Stock Market: On Mon. Oct. 29 the Dow closed deep in the red after close to a 600 point drop in what appeared to be a deep downturn and ominous emergence of a Bear Market. Today’s Stock Market implosion mirrored the Wall Street Crash of 1929 that started on Oct. 24 Black Thurs. (ours started Oct. 24 Black Wed.) and continued until Oct. 29 Black Tues. (Ours could bottom out Oct. 30 Black Tues. or Oct. 31 Black Halloween Day). The 1929 Crash was the most devastating stock market crash in US history and followed a Sept. London Exchange Crash (ours included European and Asian Market decline throughout Oct.) and signaled the beginning of the 12-year Great Depression that affected all Western industrialized countries.

2. Intel Alert: As planned by the BRICS Alliance, the old fiat financial system would be dead with a Stock Market Collapse and the RV would begin. All members of the Cabal have been blocked from redeeming Zimbabwe Bond Notes. Nations not conforming to GESARA (Freedom from Debt Law) compliance were being blocked from the QFS. To minimize the unavoidable public chaos the National Broadcast System Alert would be activated and GESARA announced Nov. 4. The actual back wall date would be after elections on Nov. 6, after which Cabal criminals would be arrested and transported to GITMO, with Military tribunals following in Jan.-Feb. 2019.

3. Bruce: The Chinese Grandfather let his process go Oct. 25. We were in the window for roll out of 800#s, which would be a daytime event.

4. TNT: The banks were expecting the RV this week. As of Mon. Oct. 29 all restrictions had been removed from the Iraqi Dinar. Thousands in Iraq were enjoying a holiday Mon. Oct. 29 and Tues. Oct. 30.

5. Fulford: The Khazarian mafia banking elite have been given an Oct. 31 deadline to return the gold they stole, or face being systematically hunted down and exterminated, say Asian secret society, CIA, and White Dragon Society sources. They continued to block funds transfers in America and have made weekly attempts to hack the Quantum Financial System to steal from the Trust. After the Oct. 31 deadline, bounties of gold would be placed on senior bankers, starting with the heads of the EU Central Bank, Bank of Japan, Federal Reserve Board, and BIS.

6. Martial Law: Last Mon. Oct. 22 President Trump declared a National Emergency, put the Military on High Alert and ordered troops to the border to confront several caravans of over 7,000 illegal immigrants said intermixed with ISIS/MS-13 terrorists, human traffickers and drug cartels.

On Mon. Oct. 29 the Pentagon deployed an additional 5,000 troops to support Border Patrol and the already 2,000 troops stationed at the U.S.-Mexico border. Even though the Mexican President was working with Trump on the Migrant Caravan, when that problem combined with ongoing Sting Operations and arrests on the now over 60,000 sealed federal indictments, unavoidable and expected public chaos could bring in Martial Law.

It was rumored that GESARA Law would be announced by Sunday Nov. 4, while after Nov. 6 elections Cabal criminals would likely be arrested and transported to GITMO, with Military tribunals following in Jan.-Feb. 2019.

7. Zim: Zimbabwe announced that they intended to monetize all Zim Bonds by Oct. 31. The Zim was a bond and not a currency and the resultant monies from the redemption must be used for humanitarian purposes under a rate negotiated per international law. Zim Bond rates would be offered at specially set up HSBC redemption centers by appointments made through 800#s. The rate could be higher or lower than the 1:1 conversion rate, with your rate solely based on a humanitarian plan. At your exchange you would be offered the opportunity to invest your Zim Bond monies into approved humanitarian projects for Zimbabwe, and for the use of those monies, Zimbabwe would give out a tax free interest of 7% to 10%, depending on how much monies you invested and length of your agreed upon payout period. Other currencies you held could be exchanged at the time of your Zim redemption.

Important: Hopefully you held Zim Bonds, not Zim Currency. At present there was no legal Zim Currency for sale, could or would be redeemed. In the last few weeks whatever of the “new Zim Currency” offered on the Internet or otherwise, was said to be fake.

8. Currencies: A country’s currency would be exchanged at a bank and convert to whatever rate appeared on the bank screen at the time of the exchange. Though, during the Global Currency Reset (GCR) special private rates would be offered on certain currencies (depending on which bank or redemption center you exchanged at), with transactions going through the Quantum Financial System (QFS).
B. Oct. 29 2018 9:17 am EST Questions, Anonymous: "Questions" by (Anonymous) - 10.29.18

1. GESARA announced Nov. 4? Elections Nov. 6? GESARA=new elections 120 days after Nov. 4? Would that cancel Nov. 6th?

2. Sting Operations=Arrests? Hatch Act rumored to delay arrests until after Nov. 6? Would GESARA override the Hatch Act?

3. 57-60,000 sealed indictments? How many indictments per person? How many people per indictment?

4. Last Black Tuesday Oct. 29, 1929? Coincidence Black Monday Oct. 29, 2018?

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

C. Oct. 29 2018 5000 More Troops To Deploy To Mexican Border, Watchman: https://americanmilitarynews.com/2018/10/5000-us-troops-to-deploy-to-us-mexico-border-report-says/?utm_source=quayle&utm_campaign=alt&utm_medium=facebook

1. The Pentagon was set to deploy an additional 5,000 U.S. troops to the U.S.-Mexico border, officials announced Monday. Troops would be sent from Texas, Arizona and California, the Wall Street Journal first reported. https://t.co/I7HHAf9iIp

2. The number is a sharp increase from the 800-troop deployment that was reported last week, as the migrant caravan that has built up to about 7,000 people heads through Mexico toward the United States. There are reportedly already about 2,000 U.S. troops deployed to the southern border.

3. Trump had previously said that the U.S. military and border authorities have been notified that the incoming migrant caravan is considered a national emergency. “The assault on our country at our Southern Border, including the Criminal elements and DRUGS pouring in, is far more important to me, as President, than Trade or the USMCA. Hopefully Mexico will stop this onslaught at their Northern Border. All Democrats fault for weak laws,” he added.
D. Oct. 29 2018 10:03 am EST Geopolitical Update, Fulford: "Message to the Banking Elite" - Fulford Report (Excerpt) - 10.29.18

http://www.starshipearththebigpicture.com/2018/10/29/benjamin-fulford-geopolitical-update-for-october-29-2018-other-intel/

1. The New World Order psychopaths have to be eliminated—and soon. There’s been another passenger plane crash. 189 feared dead in 1st ever Boeing 737 MAX 8 crash in Indonesia. (Looks like another False Flag: the finance ministry of Indonesia was on board, as well as 20 family members of the Indonesia Finance Cabinet).

2. Thomas Williams reported on Oct. 27 that the sub-humans sent a message to the team/Trustee of the Manna World Holding Trust accusing them of “ruining their whole way of life”. These Elites were so programmed and self-centered they would not be able to change. They would sooner murder an entire race and destroy a planet than consider any option to their greedy, sociopathic ways.

3. The Elites continued to block funds transfers in America and made weekly attempts to hack the new Quantum Financial System to steal from the Trust.

4. It would be a haunting Halloween for the Khazarian mafia banking elite. They have been given an Oct. 31 deadline to return the gold they stole, or face being systematically hunted down and exterminated, say Asian secret society, CIA, and White Dragon Society sources. After that deadline, bounties of gold would be placed on senior bankers starting with the heads of the EU Central Bank, Bank of Japan, Federal Reserve Board, and BIS.

5. The White Dragon Society (WDS) has offered the Khazarian mafia a way out of this situation. All they have to do is monetize, in a constructive and reality-based manner, $40 trillion worth of 1934 Henry Morgenthau Bonds to finance the establishment of a meritocratic future planning agency. This would be enough to end poverty, stop environmental destruction, and finance human expansion into the universe.

6. There is also a major push going on to take down the rogue regime of Saudi Israelia, multiple sources agree. The murder of journalist Jamal Khashoggi is, despite attempts by the Khazarians to distract us with false flags etc., turning out to have been a fatal mistake.

The heads of state of Russia, Germany, and France were in Istanbul last week to meet with Turkish President Recep Erdogan to discuss this murder and the future of the rogue Zionist Saudi Israelia regime, according Russian sources.

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

E. Oct. 29 2018 8:15 pm EST Update, Gilliland: ECETI Update with James Gilliland: News from an Impartial Observer

The Caravan headed to America is financed by Venezuela, supported by Pueblo de Santarios a Honduras Left wing group. No one knows who is funding Pueblo de Santarius, my bet is George Soros.

These are people living in poverty, women and children in front being used as a tool to take down America. Literally, millions of dollars are being doled out with the false promise of an open door to America. This would create such a burden it would destroy the already over taxed fragile infrastructure of boarder states.

What is not being addressed is the Honduran government arrested over 100 Isis members, Isis and MS13 are throughout the caravan. Common sense dictates a large majority of the caravan are depending on forced entry so as not to be vetted.

I am not saying they are all criminals, some have a legitimate desire to better themselves and are fleeing an oppressive life style. Forcing entry is a criminal offense. Some very poor people are being used, given more money than most have seen in a life time and lied to about being given entry to the promised land. The real criminals, the real tyrants are the ones funding and organizing these marches under a hidden agenda.

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F. Oct. 29 2018 Morgan Stanley thinks Oct. sell-off was 'morphing' into a bear market. "The rolling bear market continues to make progress and there is growing evidence that it was morphing into a cyclical bear market," said Morgan Stanley's top stock strategist, who was concerned that actions by the Federal Reserve were drying up liquidity more than most investors predicted. The S&P 500 was off more than 8.5 % from its all-time high in Sept, while the Dow Jones Industrial Average was off by more than 7.6 %.

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

G. Oct. 29 2018 1:37 pm EST Zim, Kat: "To CR Re: ZIM and Ron Giles" by Kat - 10.29.18

KTFA CHAT, 30 OCT

Don961:  Dr.. The appearance of Mohammed Saleh: * Towards the settlement of official foreign debt of Iraq **: (Terms of the Paris Club Agreement Paris Club Terms)

BY DR.. APPEARANCE OF MOHAMMED SALEH
- PUBLISHED ON 29/10/2018

On November 21, 2004, the Republic of Iraq signed an agreement with a group of official creditors from the Paris Club countries, whereby it obtained a reduction of 80% of Iraq's sovereign debt with that group of 19 countries, December 2004 was about $ 38.9 billion in nominal terms (of the total debt of the country initially estimated at $ 128 billion), which was called pre-1990 debt and was processed according to the following stages:

Treatment of debt Principal Treatment
Three stages were adopted to achieve an 80% reduction in external debt:

Phase I: Phase l
Write off 30% of total debt (as it was) on 1 January 2005, under which Iraq received a reduction of $ 11.6 billion.
....
​Phase II: Phase ll
A further 30 per cent reduction in total debt once Iraq signs an agreement
To continue reading please download a simple PDF printable file. Click the link below

Light on the terms of the Paris Club Agreement d. Appearance of Mohammed Saleh -
link

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Don961:  Dr.. Appearance of Mohammed Saleh: * Towards the settlement of the official debt Paris External to the **: (Terms of the Club Club Paris Terms)

The Republic of Iraq signed an agreement with a group of official creditors of the agreement of 80% of the total debt of Iraq from the Paris Club countries, and obtained a reduction of 19% sovereign with the international group composed of the total debt on one billion dollars In nominal terms (from about $ 38.9 billion in 2004 until the end of December 2004), which was initially called the debt of the country, initially estimated at about $ 1 billion.

80%: Three phases have been adopted to achieve an external debt reduction by 80%

Phase l: The first stage, since 2005 / January 1% of the total debt (as it was) at the date of 30 write off. In order to reduce the amount of US $ 11.6 billion
 
Phase II: Phase II of the total debt as soon as Iraq signs an additional 30 per cent reduction
SBA / Stand 11.6 The International Monetary Fund (IMF), with a reduction of about $ 1 billion (2005), is also a signatory to the IMF. At the end of the year,

(23% at this stage) with a period of 40 years, and the rest of the debt, with a grace period of six years, is scheduled.

Phase lll: Phase III% 20 ​​Achieve another final final reduction by completing the conditional conditions on the total debt with the International Monetary Fund referred to above and complete the SBA's credit scoring program within three years from the date of signing the program. The amount of the reduction amount is noted.

Billion dollar 7.8 stage was about to end the reduction of total debt processing on the three stages referred to billion dollars to become 38.9 foreign indebtedness of the countries of the Paris Club (19) of the%) provided that the value is equal to 80 billion dollars (Ie, the approved reduction rate of about 7.8 per cent).

For example, the debt of the nominal NPV sector was discounted with the net present foreign private value ($ 1 million and less per creditor) by 35% of the outstanding debt. The listed debtors (without scheduling) paid a percentage of 80% of the value The original debt is equivalent to the discount rate of about 10 NPV, scheduled to be equal to the par value of the debt with its net present value on the construction of 450, for example Iraq paid nearly thousands of creditors Leon $ 10% cash cash and a discount rate of about 4 The United States of America has initiated a reduction in its indebtedness to almost 5%, and the Russian Federation has reduced its official debt to Iraq by 100%

 In addition to other countries, 94%, such as Cyprus, Slovenia and Malta 100, have reduced their sovereign debt to Iraq by (Algeria recently), all from a group of countries outside the Paris Club. Int - Treatment of Interest 2 erest Treatment
(20% of the interest accrued on the rest of the outstanding debt was capitalized on the accumulated interest capital as well as the rest of the total debt above) during the first six years following the signing of the Paris Club Agreement and according to the details set out below:

Year Interest Capital Interest Capitalization 2005 100%
2006 100%
2007 100%
2008 90%
2009 73%
2010 47%

Start paying after the 2011 grace period.

Note that after six years of easing the cash flow burden (ie helping Iraq defer payment of the principal with a high degree of interest capitalization), the total debt convertible into debt was 34 years and 17 equal semi-annual payments The first installment of the debt (according to the principle of debt amortization 7.8%) was achieved.

The second installment was 0.37% (negative 1/2011 / January 1) in Amortization / 1% and the last payment will be at 0.39% And its value (minus 1/2/2012 / date) is one of the largest payments to be made in this regard, 5,07 (minus 2028 / The annual interest rate on the rest of the debt that has been settled is on note.

The terms of the Paris Club Agreement apply to Iraq's debt with all its creditors (sovereign debt of thousands of 6 countries and commercial debt and more than 54 outside the Paris Club countries) In 1990. The Paris Club is a standard agreement that applies to all of Iraq's debts before the end of the year. In order to implement the provisions of the Paris Club Agreement and to ensure the proper application of the Paris Club, French Banking Leaflet known as the follow-up to the settlement of Iraq's debts scheduled with a group of countries of the Paris Club-related mechanism.

* () Iraqi economic researcher and writer, deputy governor of the former Central Bank and financial adviser to the former Prime Minister d. Haidar Abadi

(**) led the negotiating team to reach the Paris Club to reduce the external indebtedness of the Republic of Iraq, Mr. Adel Abdul-Mahdi and participated by a technical team composed of Dr. Sinan al-Shabibi, the former Governor of the Central Bank of Iraq and Dr. Aziz Jafar and Dr. Mazhar Mohammed Saleh and Dr. Ahmed Brehi and conducted legal consultations with the International Law Office (Clare Gatlop) and other technical consultations with the IMF. After 2003, in May 1483, the UN Security Council

Debt Analysis Analysis The results of the analysis of the so-called Iraqi debt sustainability / November 21 were signed at the Paris Club headquarters at $ 100 billion, which resulted in a commitment to write off Iraq's external debts on November 2004.

Copyright © Iraqi Economists Network. Reproduction is permitted provided that reference is made to the source

Iraqi economists network.
http://iraqieconomists.net/en/
Samson:  Baghdad resume official work on Wednesday

 30th October, 2018

Baghdad province announced the resumption of official working day tomorrow, Wednesday, in the Office of the province and all the departments associated with it.

"Governor of Baghdad Atwan al-Atwani appealed to the resumption of the official work of the province of Baghdad and all the departments associated with it," a statement from Baghdad province received by the agency.

He added that "the province has shut down the official working hours for Monday and Tuesday on the occasion of the visit of the forty-Imam Hussein peace be upon him and after the end of the visit today, it was decided to continue the official working day starting on Wednesday.   LINK

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Samson:  They ask Abdul Mahdi to return looted money and smuggled abroad

 30th October, 2018

The MP for the alliance of Badr al-Zayadi, Tuesday, Prime Minister Adel Abdul-Mahdi to the need to account for the thieves and corrupt and the return of money smuggled out of the country.  "The billions of dollars have been smuggled out of the country over the past 15 years," Ziadi said in a statement.

He pointed out that "real reform begins to return smuggled money and put the corrupt in the bottom of the prisons to get their punishment." 

The Zeadi, "The exciting files of financial corruption neglected because of political pressures and thus call on the Prime Minister to reopen those files and the return of money smuggled."    LINK
Samson:  Oil is heading towards a monthly low since 2016

 30th October, 2018

Oil prices fell on Monday, with crude futures heading towards the worst monthly performance since mid-2016, after Russia hinted that production will remain high and amid concerns over the global economy, which has fueled concern about demand for crude.

Brent crude futures fell 28 cents to settle at $ 77.34 a barrel, while US WTI futures fell 55 cents to $ 67.04 a barrel.

Brent crude is down about 6.6 percent over the month, while US crude is heading down around 8.5 percent. The crude is the biggest monthly loss since July 2016.

Industrial raw materials, such as crude and copper, were hurt by heavy losses on global equities due to worries over corporate results, concerns over the impact of rising trade tensions on economic growth and the dollar's rise.

The dollar index, which measures the performance of the greenback against a basket of major currencies, was boosted by strong data on consumer spending in the United States. The rise in the dollar increases the cost of commodities denominated in US currency to holders of other currencies.  LINK

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Samson:  The allocation of 15 trillion dinars in the budget of 2019 to repay foreign loans

 30th October, 2018

A member of the former Finance Committee and the current parliamentarian, Ahmed Hama, said Tuesday that 80 percent of the budget for the year 2019 is a copy of the previous budgets, while disclosed the allocation of 15 trillion dinars to repay foreign loans to Iraq

Hama told "Iraq News" that "80 percent of the budget for the year 2019 is a copy of previous budgets and is no different from its predecessors in terms of disbursements and allocations," adding that "it has allocated 15 trillion to repay external loans

He added that "the budget of 2019 is a security budget, where allocated large sums of them to the security institutions, the same allocation that was in previous years of the war on the organization of a supporter of the terrorist    LINK

KTFA CHAT, 30 OCT

Imwright1 » October 29th, 2018

Can a national currency exist on program rate? 

Frank26 » October 29th, 2018

YES A NATIONAL CURRENCY CAN EXIST ON A PR IN COUNTRY BUT...........AN INTERNATIONAL CURRENCY CANNOT EXIST ON A PR OUTSIDE OF THE COUNTRY.

Imwright1 » October 29th, 2018

Thks Frank, so we wait for the IQD to go from the status mention yesterday of being national to became international?

Bestill44 » October 29th, 2018

2DAY STARTS THE 1-3 WEEK MOTHER OF ALL TIME FRAMES......WOW.....THINGS SHAPING UP 4 A EXCITING 3 WEEK TIME FRAME

Iobey77 » October 29th, 2018

Actually...today is the beginning of week 4 of the MOATF!!! I'm excited to see what unfolds this week!IMO....

Samson » October 29th, 2018

Democrat: The 2019 budget will not pass its current status


The Democratic Party of Kurdistan, on Monday, October 29, 2018, the House of Representatives' intention to restore the federal budget for the year 2019 to the Council of Ministers, because of the irregularities that accompanied.

"The budget of 2019 has a lot of irregularities against the Kurds, especially the Peshmerga salaries, as well as the share of 17% and we seek to address these violations will not pass the current status

Naji added that "there are also objections by the Sunni and Shiite blocs on the budget," noting that "there are aspirations for a new era in the relationship between Baghdad and Erbil, and not to repeat previous experiences in dealing with the Kurds, expressing confidence in the political blocs and the Prime Minister in securing the rights of the province Kurdistan in the next budget LINK

GodsServant » October 29th, 2018

IMO........The RI does not need the Budget but the Budget needs the RI

Yrmallmann » October 29th, 2018

IMO, The budget and the rate are 2 different animals, they can approve the budget without the RI, or even do the RI without the budget approved by the COM.

Samson » October 29th, 2018

Finance reveals important details about the 2019 budget


2018/10/29 18:26

Revealed the Ministry of Finance, details of the draft federal budget law for the year 2019. "The next year's budget will provide many jobs as it supports the implementation of projects in the productive sectors," Deputy Minister Maher Hammad said in a press statement. 

He added that "the budget of 2019, which was sent to the Parliament is a social service budget taking into account the interests and needs of citizens," noting that "the budget has seen an increase in spending on the sectors of the network of social protection and health and infrastructure as well as provincial development projects." 

"The budget will provide many jobs through the movement of owners and projects that will be implemented in multiple productive sectors." 

It is noteworthy that the budget of 2019 sent by the Council of Ministers to the House of Representatives a few days ago, I adopted 56 dollars per barrel and a daily export of 3.880 million barrels. LINK

Iobey77 » October 29th, 2018

Interesting! So...the 2019 budget will SUPPORT the implementation of projects! IMO..this means the 2018 budget will begin the projects and they will be supported and completed through the 2019 budget and onward! 

Samson » October 29th, 2018

National Union: Not a requirement to vote on the rest of the ministers at the next meeting


29th October, 2018

MP on the Patriotic Union of Kurdistan Hassan Ali, on Monday, it is not a requirement to submit the rest of the ministers in front of the House of Representatives to vote on them. 

"The government of Adel Abdul Mahdi has gained legitimacy and the House of Representatives voted on 14 of the 22 ministers, not a requirement to provide the rest of the ministers during the next session of the House of Representatives," Ali said in an interview transmitted to the media of his party and informed Mawazine News. 

"The prime minister can give the authority to run the remaining ministries of the current ministers in his cabinet, and if the House of Representatives does not vote for the rest of the ministers, there will be no problem," he said. 

He pointed out that "most of the trends are going to vote on the rest of the ministers in the meeting of the House of Representatives, which will be held on 6/11/2018, and imagine the passage of the remaining eight ministers in the next meeting if there is no problem between the political parties. LINK

ADMINBILL UPDATE, 30 OCT

Hoping for something....

No positive words of encouragement from my contacts so far. Hoping for something today. To be honest, and to share my personal belief, I could even agree with Mountain Goats 2019 time frame IF the Republicans maintain or gain seats in the Senate and House. If that happens, waiting for the Lame Duck politicians to leave office in January makes perfect sense. Do not allow them to claim credit or derail legislation between November and January.

The GCR is real. The only thing I tend to support would be the possible timing. Since I don't read MG posts I can't comment on the info MG puts out. And once again Zim = RV and GCR IMHO

Little rewording


I have been told it is independent of everything. So I ask the question everyone does...when

TNT CC NOTES, 30 OCT

TNT SHOWTIME CC (Cliff notes by Sunny) 

Replay: 641.715.0623, PIN CODE 409029#

AUDIO REPLAY

Ray: . . .

TNT UPDATE, Monday, Oct 29, 2018

Iraqi TV is reporting that new PM Abdul Madhi is not under any time constraints to complete the remaining 8 cabinet positions but also sharing that names may be presented at the November 6 meeting for consideration. #wearethepeople

RAY, TNT CHAT, Monday, Oct 29, 2018

[Ray]:  US banks can’t “call” the RV, but they’re still expectant about this week!  According to the CBI – “A stable country with a stable government = change in value of the country’s currency.”  N’estce pas?

The CBI has already acknowledged “a stable country financially” and now we await their declaration of “a stable government.”  (which seems to now exist)

Tony:   Goooooooooood Morning, TNT!   It’s another Monday morning and unfortunately we are still here.

CBI said stability and security.  Was he saying S & S of the CBI or in the country?  We now know they have achieved both so really no longer an excuse of S & S.

So far I am waiting on a response back of what we were looking for Saturday morning – a new date.  Banks said something was to happen this week.   They didn’t say Monday – Saturday, they said “this week.”

Iraq was removed from another restriction today.  FATF!  (Financial Action Task Force) It was announced Monday today Iraq was released from – my guy excited as he said “all restriction.”  FATF is tight constrictions.  They were removed from all restrictions.  Currency now unrestricted.

We have a team in Iraq doing somethings.  I know they are listening.  Said not to tell Tony until after the call.  I thought that was kind of funny.  Still some security issues that had to be concluded before this was released.  Have removed the last obstacle to their currency and they are free to do what they want with their currency.  That it is International.

Speculation that still some security issues, people to be picked up.  Just speculation on my part as they did not tell me what it is.

Another security issue, million and millions of people in Iraq doing their pilgrimage in the country who have not been educated on what will happen when the rate changes.  I’m not looking for it today or tomorrow because those people are there right now.  Could that be part of the security issues they are talking about.

Banks still think this week but did not give me a window.  This is happening.   (Iraqi’s have been educated for three months, from the street to the markets to the Universities.)  To not do it, who does that make sense too?

CURRENT WINDOW:  Tony:  I am waiting on . . . a new date.  Banks said something was to happen “this week.”

Due to security issues – millions of non-residents in Iraq for the holy pilgrimage – Tony:  I am not looking for it today or tomorrow. . .We know a date has been set, we don’t know when that date is.

Tony:  Everyone (all Tony’s contacts) saying they don’t know what we are waiting on.  Oh, there is one – Immediately after this call I will talk to our banker in Baghdad.  Haven’t talked to him in awhile.

IRAQ:    Removed from the FATF list effective today.  FATF  has been a restriction on their currency  Tony:  Have removed the last obstacle to their currency and they are free to do what they want with their currency.  . . . it is International! . . . Saying all restrictions have been removed.  Maybe that is what we were waiting for.

Tony:  “The Supreme council announced on Monday Iraq had withdrawn . . .” – that means it already had been done.  The article was on the 28th and today is the 29th.   We got the information at 3 am EDT this morning, that it’s done, it’s over and all restrictions removed. . . As of today they have been removed from that black list.  We knew about it months ago but not that it was holding anything up.

CBI stating financially security and stability has been attained.  Was that just of the CBI or the country?  Tony:  We now know they have achieved both so really no longer an excuse of S & S.   Lower Denom’s:  No update. On previous call Tony said they are in the ATM machines.

Parliament:  Iraq has a parliament, PM, stable country.  Tony:  They are off the black list as far as terrorism.  Not being restricted in any shape form or fashion.  Do not have to wait till then (Nov 6th).  I’m not looking for their GOI anymore because there is nothing to look for.

Media:  TV is reporting PM Abdul Madhi is not under any time constraints to complete the remaining 8 cabinet positions.

Security at this time maybe an issue as millions and millions of people are in Iraq on a holy pilgrimage.  People who have not received education about the process or ramification of changing the value of the currency.   Tony:  I am not looking for it today or tomorrow.

INTERNATIONAL:

Iran:  Tony:  No leader is going to standby and let his country starve.  They will come up with a way to get US dollars. . . I would like to see anyone . . . China . . . anyone say they were dealing with Iraq’s International currency. . . I don’t care where it comes from.

Currencies:  First basket:  Rupiah, $1.05

UNITED STATES:    Tony:  We are not looking for a global announcement.  Just the information to pass on to you.

Banks: Saying “something is to happen this week. Q. – Waiting for the rates to hit the bank screens?  Tony:  That’s all we are waiting for. When CBI releases this, because all of their requirements have been met.  I’ve got the VP of a bank saying sometime this week.   Another bank saying they are being briefed the middle of November.

Taxes:   No change in the previous information that the exchange will be a non-taxable event.

800 #’s:  No update yet.

Self-Directed Roth is where you manage the account.  Ray: You pick the investment, rate of return, everything. . . it cannot be part of a trust.

Living Trust:  it is a revocable trust that has no legal or tax status until the grantor dies.  Ray:  It’s soul purpose is to eliminate probate – so you can’t possibly be using it as an asset protection too.

Stock Markets: Tony:  I don’t see that it has to crash (before the RV   I see that it is about to.  I don’t see that is what we are waiting for.  . .We know that what goes down does come back up.

EXCHANGING:   Iraq would have to announce the information that there is a time limit to exchange the three zero notes. Tony: Supposedly it will be two years.

First few days will be first mouse scenario and low rates.  Tony:  Then it goes up from there.  I’d try to make my appointment somewhere in those first 10 days.

ZIM Information:  Exchanging ZIM?  Tony:  Out of the country it will have to be whatever agreement they made with the UST.

Q & A: TNT Forum


  1. – Are they going to track us as we do our exchange?  Tony:  That sounds nonsensical.

Q & A: Callers


  1. – (tishwash):  An article out that Sadr’s group wants to be CBI governor.  Tony:  That’s probably not going to happen.

CLOSING STATEMENTS:

Tony . . . That’s the info we have to day.  Expect to get some calls this afternoon.  Maybe get more hints about this security situation.  Forgot to ask about the Gazette and two articles we were looking for Saturday.

Banks;  One says this week; one being told middle of November.  We’re looking good.  FATF information was one more thing we needed to hear.  One more release on the currency they are not worried about.  Enjoy your day.   As soon as something hits we will let you know.

Ray . . .

POD:  payable on death.  need to do this now that will make a difference.   That way you about probate, will, etc on your bank account.   They can get the money without anyone else laying hands on it.

TOD:  transfer on death.  Investment accounts to go to the next people you designate.  That also avoids the probate process.  In some states you can do TOD on property.  Check with your state to see if you can do TOD on any properties.

If you have an IRA, 401K, SETH (?) or 401A (five tools – missed one) and you do not have a self-directed ROTH IRA you are going to be missing out on millions of dollars tax free.  Look into that.

Tony:  That was Tish.  I didn’t realize that was Tish (last caller)  She spends all of her time getting articles and putting in the Forum.  I just wanted to say, ‘Thank you.’  Everyone just say thank you to Tish.  And Kerry.  She does that over here.  Say ‘Thank You’ to both of them.

Ray played “I Believe.”