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Monday, April 30, 2018

KTFA UPDATE, 30 APRIL

Hazen:  So, if the banks are handing out Visa/master cards and educating the citizens.....that must mean a rate can't be that far away.  Why would you be teaching and hand out cards if they can't use them in the coming days? Unless??????  Very positive news........

Rich4hyip:  What is left really is the announcement of the RI. …anticipation of the second article going on.

MilitiaMan:  The new rage in Iraq e-shopping? If it is going to be a new trend never seen before then the new ATMs will be activated shortly, as the youth and the adults alike will want cash while shopping to for the necessities, like cookies, popcorn, candy, gifts for the young ones.. having new cards that won't work to get cash won't go over well burning a hole in the wallet and can't be used... imo MM
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Samson:  On the occasion of Labor Day ... Holiday on Iraq stock market tomorrow

 30th April, 2018

Iraq's stock market will be closed tomorrow, Tuesday, in celebration of the International Labor Day.

The stock exchange said in a statement today that it was decided not to organize tomorrow's trading session, as it is an official holiday in the country.

The last Iraqi stock market holidays on 12 April, on the occasion of the anniversary of the martyrdom of Imam Kadhim.    LINK
                            
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Samson:  Six Iraqi provinces announced Wednesday an official holiday

 30th April, 2018

The Karbala provincial council announced on Monday, April 30, 2018, to disrupt the official working hours of the governorate on Wednesday and Thursday.

"The provincial council of Karbala has decided to disrupt the official working hours on Wednesday and Thursday," Naseef al-Khatabi, head of the council, told reporters

"The Education Directorate and the services departments are excluded from the holiday," he added, adding that "the decision came on the occasion of the visit of the half of Shaaban."

And visit the half of Shaaban of important religious events and has been accustomed to millions of people to revive the occasion in the city of Karbala visit religious thresholds, and the visit comes in commemoration of the birth of the Mahdi, expected "peace be upon him."

And announced a number of Iraqi provinces, the disruption of official work on Wednesday
The Basra provincial council announced that the official working hours would be suspended on Wednesday so that employees could participate in the anniversary of the birth of Imam Muhammad ibn al-Hasan al-Muttawar.

The decision came under a local law passed by the council four years ago. He added that "security services and services will be excluded to ensure the maintenance of public security and the continuation of the provision of necessary services to citizens."

A member of the Council of Maysan Rahi Albzouni said that "the Council decided to disrupt the official time in the province, on the occasion of the half of Shaaban." He added that "the disruption of time does not include the Directorate of Education province because it has exams "
The Babil provincial council also decided to "suspend official work on Wednesday, on the occasion of the birth of Imam al-Mahdi," adding that "excluding the departments associated with the implementation of the plan and schools, which will take the final exams."

"The provincial council has decided to disrupt the official time in Dhi Qar for the same reason," deputy governor of Dhi Qar Adel al-Dekhaili said, adding that "the service and education departments are excluded from this because of the final examinations."

The Diwaniyah Governorate Council decided to disrupt the official functions of the state departments in the province next Wednesday, where the holiday will include all government departments except the service, security and health services, which will be completed 50 %. "He said ​​  LINK
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Samson:  Masoum congratulates Iraqi workers on their international day

 30th April, 2018

President of the Republic Fuad Masoum on Monday congratulated the workers of Iraq on the occasion of the World Labor Day, stressing the vital role of workers in developing the national economy and reconstruction as well as strengthening national unity and achieving community reconciliation in all countries.

"On the occasion of World Labor Day on May 1, we extend our warmest congratulations to the working class in our country and to the world and to express our feelings of pride in the history, sacrifices and struggles of this class for freedom, justice and fraternity," Masoum said in the congratulatory statement. Between nations and all peoples.

" "The sacrifices and suffering of Iraqi workers and workers in the midst of their national struggle and trade unionism, which has become the title of sacrifice and courage in the face of the forces of dictatorship and exploitation, and inspired in the insistence on the claim of rights and freedoms and work hand in hand with other groups of society to achieve democracy and achieve the highest national goals For the people, which is to defeat terrorism once and for all and build a state of citizenship, freedom, justice and a decent life for all Iraqis, in order to ensure a better future for future generations. "
             
He stressed his determination to "move forward towards building a modern state, which requires strengthening the status of the working class in the development of the national economy and reconstruction as well as its vital role in strengthening national unity and achieving community reconciliation in all countries. To raise their standard of living, as well as to strive for the protection of trade union freedoms legislated laws consistent with their counterparts in the countries of the democratic world, and we refer in this regard to the ratification of the Presidency of the Republic recently on the law of accession of the Republic of Iraq to the Convention on Freedom of Association and Protection of Trade union organization ".   LINK

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Samson:  The Iraqi Stock Exchange Is A Success By Organizing A Partnership Between The Public And Private Sectors

 30th April, 2018

The Iraqi market for securities on Monday confirmed its success in the public-private partnership and the mechanism of transition to a market economy. He pointed out that during his participation in the third annual conference of securities markets, he discussed the possibility of benefiting from the experiences of Arab stock exchanges.

"The market has played a role in the success of the public-private partnership and the mechanism of transition to a market economy through partnership in the establishment of joint stock companies and also through the enactment of a law encouraging the issuance of modern financial instruments and work on issuing short sale instructions.

He added that the market also discussed the possibility of benefiting from the experiences of the Arab stock exchanges during the participation in the work of the third annual conference of securities markets, noting that the Iraqi market for securities has participated in a paper focused on the plans of the Iraqi market to attract investment and the challenges of activity.   LINK
Aggiedad77:  Article “Iraq's economy signs contract with Power China and Norinco to build Faw refinery”

AM LOVING THIS KIND OF ACTIVITY......CAN'T BE BUILT OVERNIGHT.....BUT LONG RANGE LOOKING THIS IS EXACTLY WHAT THE IRAQI'S NEED IMO......NEW TECHNOLOGY TO TAKE THEIR BLACK GOLD TO MARKET.....

NEW OPTIONS RATHER THAN THE TIRED JUNK THAT SADDAM CREATED SO MANY EONS AGO......IN SOME WAYS THE TERRORISTS HAVE DONE IRAQ A FAVOR BY THE DESTRUCTION THEY HAVE CAUSED.....

FROM OUT OF THE FIRE......SMOKE AND ASHES WILL COME A PHOENIX.....BIGGER AND STRONGER.....WITH FAR GREATER OPPORTUNITIES THAN MERE OIL.....TO RISE ABOVE THE REST.....THIS OIL MECCA WILL BE A HUGE HUB IN THE NEAR FUTURE....ALL IMO.....IF YOU BUILD THEY......THEY WILL COME.....

WHAT A FIELD OF DREAMS THE IRAQI'S HAVE IN THEIR BACK YARD, IN THE FRONT YARD....EVEN IN THE SIDE YARDS.....THE BOUNTIES THAT WILL COME.....OH THE LL WILL BE SO HAPPY WITH ALL TO BE REAPED FOR SURE.....AGAIN....ALL IMO.    ALOHA    RANDY

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Samson:  Analyst: Oil price at $ 300 is not impossible

 30th April, 2018

Said one hedge fund managers in the field of oil that the current reluctance to invest in new energy companies producing crude means that the price of oil at $ 300 a barrel " is not impossible within a few years."

Concerns about the impact of electric cars on the future of global oil demand are limiting investment in long-term projects, Pierre Andrand said on several Twitter accounts on his personal account on the Twitter website on Sunday

It is paradoxical that these fears of rising demand could be the biggest shock of all

He explained that if the price of oil does not rise quickly enough, the price of crude at $ 300 a barrel in a few years will not be impossible

He pointed out that the price of a barrel of crude at $ 100 a barrel will not kill the economy, pointing out that oil need to rise an additional $ 100 per barrel to encourage investments outside the United States

"We have seen the price of crude significantly higher in the past, twice more than its current price," he said

The price of Brent crude is currently above $ 73 a barrel. By 9:55 am GMT, the price of Brent crude futures was down 1 percent at $ 73.92 a barrel

While the price of NYMEX crude futures contract at 67.45 dollars per barrel fell by 1%    LINK

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