Frank26, KTFA Deb Aspinwall Frank26, KTFA Deb Aspinwall

KTFA Monday Night CC "All They Talk About is the New Exchange Rate"

.KTFA

KTFA Monday Night CC

Frank26: 2-28-22……ALL THEY TALK ABOUT IS THE NEW EXCHANGE RATE

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Petra, MilitiaMan and Eddie in Iraq

Playback Number: 605-313-5163 PIN: 156996#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE

KTFA

KTFA Monday Night CC

Frank26:  2-28-22……ALL THEY TALK ABOUT IS THE NEW EXCHANGE RATE

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Petra, MilitiaMan and Eddie in Iraq

Playback Number: 605-313-5163   PIN: 156996#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE

https://www.youtube.com/watch?v=Kb-BpA0atWI

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

What Does Being ‘Good with Money’ Actually Look Like?

.What Does Being ‘Good with Money’ Actually Look Like?

Personal Finance / Zina Kumok

People tend to talk about being financially savvy in a black and white way. You’re either good with money or you’re not. But as with most things related to your finances, it’s a little more complicated than that. You could be great at earning money and terrible at saving it – or vice versa. You could have an impressive net worth and a terrible credit score. You could be the world’s greatest budgeter and the world’s worst investor.

In other words, being “good with money” can mean a lot of things. Let’s take a look at some of the most important factors to consider.

What Does Being ‘Good with Money’ Actually Look Like?

Personal Finance  / Zina Kumok

People tend to talk about being financially savvy in a black and white way. You’re either good with money or you’re not.  But as with most things related to your finances, it’s a little more complicated than that. You could be great at earning money and terrible at saving it – or vice versa. You could have an impressive net worth and a terrible credit score. You could be the world’s greatest budgeter and the world’s worst investor.

In other words, being “good with money” can mean a lot of things. Let’s take a look at some of the most important factors to consider.

Metrics to Track

While there’s not a single figure that shows you’re good with money, there are some numbers you can track to see how you’re doing (Mint tracks these for you):

Net Worth

Your net worth is your total assets minus your liabilities. Assets include the money in your bank accounts, investment accounts, collectible items, home equity and more. Liabilities include what you owe, like your credit card balance, auto loans, student loans, mortgage balance and more.

To calculate your net worth, add up your assets and liabilities separately. Then, subtract the liabilities from the assets. Don’t be surprised if your net worth is negative. That means you owe more money than you currently have. Recent graduates and young adults often have a negative net worth, especially if they have a lot of student loans.

But as you get older, your net worth should increase as you pay down debt and start investing consistently. Try to track your net worth a couple times a year. You can create your own spreadsheet or use Mint’s net worth tracker.

“Over time you will see your assets really starting to grow,” said Ryan C. Phillips, CFA, CFP, and founder of GuidePoint Financial Planning. “The success from this can be really motivating and many times will lead individuals to save and invest even more.”

Credit Score

Your credit score shows how responsible you are as a borrower. Potential lenders, utility companies, cell phone providers, car insurance companies and landlords will look at your credit score before approving you.

A credit score doesn’t take your savings rate or investment success into account, so it’s not a holistic number. But it does show if you’re good at borrowing money and paying it back. Even if you plan to avoid taking out loans, you may still need a good credit score.

Meeting Your Personal Goals

To continue reading, please go to the original article here:

https://mint.intuit.com/blog/personal-finance/what-does-being-good-with-money-actually-look-like/

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News DINARRECAPS8 News DINARRECAPS8

 Iraqi News Monday Afternoon 2-28-22

.Iraqi News Monday Afternoon 2-28-22

TLM724 Administrator BondLady’s Corner

Hani Ashour To / Nina /: Reducing The Price Of The Dollar .. The Responsibility Of The New Government

Sunday 27 February 2022 Economic Number of readings: 220 Baghdad / NINA / - The researcher and strategist Hani Ashour confirmed that: Reducing the price of the dollar is the responsibility of the new government.

He told the National Iraqi News Agency ( NINA ) that the caretaker finance minister had a vision that a new government was formed and another minister came who could present this vision to the Council of Ministers and then to Parliament to reduce the price of the dollar.

 Iraqi News Monday Afternoon 2-28-22

TLM724 Administrator BondLady’s Corner

Hani Ashour To / Nina /: Reducing The Price Of The Dollar .. The Responsibility Of The New Government

Sunday 27 February 2022  Economic Number of readings: 220  Baghdad / NINA / - The researcher and strategist Hani Ashour confirmed that: Reducing the price of the dollar is the responsibility of the new government.

He told the National Iraqi News Agency ( NINA ) that the caretaker finance minister had a vision that a new government was formed and another minister came who could present this vision to the Council of Ministers and then to Parliament to reduce the price of the dollar.

Ashour added that the matter should be with a statement of the reasons, and he must show that the matter does not negatively affect the citizen in particular and the course of the economic and financial process in the country in general.

He explained that this vision will be present to the minister during his hosting tomorrow in the House of Representatives.

The House of Representatives is scheduled to hold, tomorrow, Monday, a session that includes forming parliamentary committees and discussing the rise in the exchange rate of the US dollar against the local currency, in the presence of the Minister of Finance./https://ninanews.com/Website/News/Details?Key=959579

In The Presence Of The Minister Of Finance.. The House Of Representatives Discusses The Exchange Rate And Its Repercussions On The Market

Political | 12:56 - 28/02/2022   Baghdad - Mawazine News, today, Monday, the House of Representatives began discussing the exchange rate and its repercussions on the market, in the presence of Finance Minister Ali Abdul-Amir Allawi.

And the media department stated in a statement received by Mawazine News, that "Parliament began discussing the exchange rate and its repercussions on the market through high prices and the damage to the poor segment."

He added, "The discussion took place in the presence of Finance Minister Ali Abdel Amir Allawi, and it will also include a discussion of the public debt and the financial policy of the Ministry of Finance and what are the treatments for that."

Today, Monday, the House of Representatives held its second session, headed by Al-Halbousi.

The agenda of today's session includes taking the constitutional oath of some deputies, as well as forming permanent parliamentary committees.

The table also includes a discussion of the rise in dollar exchange rates, in the presence of Finance Minister Ali Allawi. Ended 29/N33    https://www.mawazin.net/Details.aspx?jimare=185921

The House Of Representatives Begins With A Paragraph Hosting The Minister Of Finance

Iraq

Monday, February 28, 2022 12:55 PM  Baghdad / National News Center  On Monday, the House of Representatives began discussing the exchange rate and its repercussions on the market, in the presence of Finance Minister Ali Abdel Amir Allawi.

And the media department stated in a statement received by the "National News Center", that "Parliament, began discussing the exchange rate and its repercussions on the market through high prices and harm to the poor segment."

And she added, "The discussion took place in the presence of Finance Minister Ali Abdul-Amir Allawi, and it will also include a discussion of the public debt and the financial policy of the Ministry of Finance and what are the treatments for that."    https://nnciraq.com/115090/

With A Difference Of 250 Dinars .. The Exchange Rates Of The Dollar In The Local Markets

Economie| 10:03 - 28/02/2022   Baghdad - Mawazine News  The dollar exchange rates witnessed stability, today, Monday, in the local markets.   Today, the selling prices of the dollar were 146,500 dinars per 100 dollars, while the purchase prices of the dollar were 146250 dinars per 100 dollars. https://www.mawazin.net/Details.aspx?jimare=185902

Millions Of Dollars In Economic Losses As A Result Of Official Holidays In Iraq

Posted On2022-02-28 By Sotaliraq  Official and unofficial holidays imposed by special circumstances, the treasury of Iraq incurred financial losses in the millions of dollars for each holiday, according to economic experts, as a result of not compensating the working hours in its departments and institutions. In numbers, 48 ​​weeks in a year,

Two days out of each week are an official holiday, so the total holidays (Friday and Saturday) are 96 days per year, plus (22) official occasions per year, so the total holidays in this case will exceed 118 days per year, not counting the days of religious occasions and emergency holidays. which are announced by the government, which fall within the jurisdiction of the local governments in each governorate, nor are the partial holidays declared by endowments.

The Ministry of Culture intends to prepare a new draft law for official holidays, in consultation with cultural, political and parliamentary parties from the various components of the people, to follow specific criteria in choosing these days and work to reduce them.

Through this law, the ministry aims to unify official holidays and make them federal and withdraw the powers of governors by granting holidays in their governorates, in addition to addressing the negative effects of holidays in the country at various levels, and reducing them by half.

Great Economic Losses

The economist, Haitham Al-Akaili, found that “vacation is a stop for workers to rest when they work and there are clear results for their work, and that this disruption is calculated from within the work time, but when there are no clear results for the work, the holidays are losses that are added to the other losses that they incur. The state".

Al-Akaili said, during his speech to (Al-Mada), that “working hours and wages are among the most important elements of costs for any activity. Therefore, when a specific wage is to be calculated for working hours, the actual working hours decrease, the higher the hourly wage without any increase in production.”

He explained that "in an economy such as Iraq's, whose features and goals are not clearly known, holidays of all kinds, which constitute 30-35% of the working hours for which workers are paid, are a waste of money and a waste of opportunities for progress that Iraq is currently in dire need of. He stressed the need to "reconsider the holiday laws in order to compensate for missed opportunities."

An Increase In The Number Of Unemployment

In turn, the economist, Thaer Al-Faili, considered that the official and unofficial holidays in the country caused an increase in disguised unemployment and great losses for the state, stressing that the problem is not on the weekend, because it is very important, but in the large number of other holidays caused by occasions, holidays and emergency situations. and others.

Al-Faili stated, during his speech to (Al-Mada), that "official holidays are considered unfair to the private sector, which does not enjoy the same, and that the private sector employee enjoys one day off for every week, and sometimes he does not enjoy it at all, while the sector employee continues The government enjoys two days off for every week.”

He pointed out that "official and unofficial holidays negatively affect the sustainability of the national economy," noting that "there are many holidays that are granted without account, which indicates the existence of professional ignorance in the country's administrative leadership."

The Need For Modifications

In addition, the legal expert, Ali Al-Tamimi, believes that “the text of the Official Holidays Law 110 of 1972 in Iraq does not allow for disruption of work hours due to cold or high temperatures.” In an interview with Al-Mada, Al-Tamimi added, "Parliament needs to amend this law, which gives the authority to grant official holidays to the President of the Republic, as it was before 2003."

The legal expert pointed out that “this law needs to be amended,” adding, “The law must have a clear vision regarding determining (when the weather holiday is granted and at what temperature, as well as the percentage of work hours in the month of Ramadan, and other occasions).”

He concluded his speech by saying that "there are many countries in the world disrupting official working hours with a temperature of 35, while in Iraq it reaches 52 and more and it does not disrupt working hours in government institutions."   LINK

Washington: Iraq Has Fulfilled Its International Obligations To Compensate All Compensation Claimants

Today, Sunday, the US State Department confirmed that Iraq enjoys close relations with its neighbors.

State Department spokesman Ned Price said in a statement, "The United States welcomes the recent United Nations Security Council resolution that reaffirms that Iraq has fulfilled its international obligations to compensate all compensation awardees through the United Nations Compensation Commission established in 1991 as a result of Saddam Hussein's illegal invasion and occupation of Kuwait."

He added, "We salute the people of Iraq and Kuwait for this important achievement," stressing that "Iraq today is a country that enjoys close and friendly diplomatic relations with its Gulf neighbors, and this is crucial to maintaining stability in this important region."    https://www.radionawa.com/all-detail.aspx?jimare=28245

 

 To read more current and reliable Iraqi news please visit BondLady’s Corner:

 https://www.bondladyscorner.com/

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Chats and Rumors, Economics, Gold and Silver Deb Aspinwall Chats and Rumors, Economics, Gold and Silver Deb Aspinwall

Bix Weir, Greg Mannarino and Silver Report Uncut Monday PM 2-28-2022

.SILVER/CRYPTO ALERT! Bank Runs Start and Will Spread...Hold Silver & Cryptos and PRAY! (Bix Weir)

Feb.28, 2022

Things are speeding up as the Central Banking System has been weaponized at the WORST TIME IN THE LAST 100 YEARS!

Never has the unbacked fiat system been so unstable so why is NOW the best time to start Weaponizing the SWIFT System? ...UNLESS YOU WANT TO DESTROY THE ENTIRE SYSTEM!

Hang on tight. It's all happening NOW!

SILVER/CRYPTO ALERT! Bank Runs Start and Will Spread...Hold Silver & Cryptos and PRAY! (Bix Weir)

Feb.28, 2022

Things are speeding up as the Central Banking System has been weaponized at the WORST TIME IN THE LAST 100 YEARS!

Never has the unbacked fiat system been so unstable so why is NOW the best time to start Weaponizing the SWIFT System? ...UNLESS YOU WANT TO DESTROY THE ENTIRE SYSTEM!

Hang on tight. It's all happening NOW!

https://www.youtube.com/watch?v=pTDZIV_nzPY

The Debt Market SUPERBUBBLE Just Went Into HYPERDRIVE And BEYOND.

Greg Mannarino: Feb.28, 2022

https://www.youtube.com/watch?v=Hqni6xv0DTI

The Fed & Wall Street Are Always Wrong, Stagflation Setting In Economy Crumbles As Inflation Soars

Silver Report Uncut:  Feb.28, 2022

Wall Street and Fed missed inflation by a long shot: in mid-October of 2021 economists were predicting 5.25% inflation by December—two months later.

The same economists predicted supply chains will be cleared by June this year and they are worse than ever. I think I may know why they are always wrong, they dont want you to know the truth.

https://www.youtube.com/watch?v=260unXdRykQ

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Chats and Rumors, MarkZ Deb Aspinwall Chats and Rumors, MarkZ Deb Aspinwall

Short Monday Evening Update with MarkZ 2-28-2022

.Monday Evening Update with MarkZ 02/28/2022

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

Member: Last day of February, time to rip of the Band-Aid

Member: Happy MARDI GRAS Day from New Orleans Louisiana …tomorrow is our big day… it will be a great day if we get good news

MZ: A very quick update tonight. I tweaked my back so it will be a VERY short update.

MZ: Very encouraging news out of groups today. They are in a mad dash to be ready.

MZ: Iraq is moving forward with sitting the government and approving the new rate. That is what I am being told …that this is imminent.

Monday Evening Update with MarkZ 02/28/2022

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Last day of February, time to rip of the Band-Aid

Member: Happy MARDI GRAS Day from New Orleans Louisiana …tomorrow is our big day… it will be a great day if we get good news

MZ: A very quick update tonight. I tweaked my back so it will be a VERY short update.

MZ: Very encouraging news out of groups today. They are in a mad dash to be ready.

MZ: Iraq is moving forward with sitting the government and approving the new rate. That is what I am being told …that this is imminent.

MZ: Bond folks have new appointments starting tomorrow. I know a lot of people with appointments scheduled for tomorrow….starting about 11:00 AM.

MZ: hopefully tomorrow we will have some solid news.

Member: Bond holders have had appointments delayed about 8 times.

Member: they must be beyond frustrated…just like us.

Member: 55 days are up, since market high. Stock market could crash, tomorrow

Member: Thursday and Friday, feds put in 160B to prop up market. how much did they put it today??

Member: Market gets propped up so the wicked all get their money out …then if falls on the little guy.

Member:  MarkZ & Awesome Mods, Thank you as always for bringing this community all the latest news & any RV Updates. March Madness? Could 15th IDES Of March be our window?

Member: Take care of yourself Mark! have a great night, thanks for showing up!

MZ: See you in the morning unless I get some breaking news.

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

The next stream is tomorrow at 10Am est……..unless.

https://www.youtube.com/watch?v=sVfihtmDKw4

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KTFA, News Deb Aspinwall KTFA, News Deb Aspinwall

Some "Monday News" Poste by Samson at KTFA 2-28-2022

.KTFA:

Samson: During The Hosting Session.. The State Of Law Demands The Return Of The Dollar Price To Its Previous Era

28th February, 2022

The State of Law coalition confirmed, on Monday, that coalition representatives and a number of political blocs will demand Finance Minister Ali Allawi during the hosting session that was held today, to return the dollar exchange rate to its previous position, especially after the end of the financial crisis.

Member of the coalition, Representative Muhammad Al-Sihoud, said in a statement to / the information /, that “today’s session for two discussions is the formation of parliamentary committees, which is an important topic in order to activate the supervisory and legislative roles, while the other place is hosting Finance Minister Ali Allawi.”

KTFA:

Samson:  During The Hosting Session.. The State Of Law Demands The Return Of The Dollar Price To Its Previous Era

28th February, 2022

The State of Law coalition confirmed, on Monday, that coalition representatives and a number of political blocs will demand Finance Minister Ali Allawi during the hosting session that was held today, to return the dollar exchange rate to its previous position, especially after the end of the financial crisis.

Member of the coalition, Representative Muhammad Al-Sihoud, said in a statement to / the information /, that “today’s session for two discussions is the formation of parliamentary committees, which is an important topic in order to activate the supervisory and legislative roles, while the other place is hosting Finance Minister Ali Allawi.”

He added that “the State of Law coalition and with it political blocs from the forces of the coordination framework and others will ask the Minister of Finance to return the dollar exchange rate to its previous position because it caused great and dangerous damage to the layers of society from the middle and poor segments.”

Chihod pointed out that “the negative effects that resulted from the decision to raise the exchange rate increased the poverty rate to large and frightening rates, amounting to more than 35%, according to reports by the Ministry of Planning and civil society organizations.”

Chihod stressed by saying: “It has become imperative for the government and the Ministry of Finance to return the exchange rate to its normal position, especially since the financial crisis has ended and the financial situation has improved, especially after the rise in oil selling prices.”   LINK

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

Samson:  Economist: We Will Achieve $3 Billion Annually After Closing The Kuwait Compensation File

28th February, 2022

The economic expert, Dr. Safwan Qusay, confirmed that Iraq will achieve annually an amount of 3 billion dollars after completing the file of Kuwait’s compensation, pointing out that the possibility of Iraq heading to claim compensation for the damages it sustained as a result of the American war in 2003.

Qusay told / The information /, that “the process of Iraq’s exit from Chapter VII allows controlling all oil revenues after 3 percent of the revenues went as compensation to Kuwait, and currently it is possible to achieve 3 billion dollars annually according to today’s price as revenue for the treasury.”

He added, “After Iraq has complied with the resolutions of the United Nations and the Security Council and compensated Kuwait, it is possible that we will have claims through the Ministry of Foreign Affairs to invest in the UN Security Council resolution in 2003 because it did not authorize America to enter Iraq and it was a departure from the international framework.”

And he indicated that “the Russian representative in the Security Council demanded that Iraq demand its rights as a result of the entry of US forces into Iraq in 2003, and the damage it caused to the Iraqis, especially since the US forces did not withdraw from Iraq directly after 2003.”   LINK

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

Samson:  The Coordination Framework: We insist on restoring the previous dollar exchange rate

27th February, 2022

Today, Sunday, Rafiq Al-Salihi, of the Al-Fateh Alliance, confirmed that the coordination framework is determined to restore the previous dollar exchange rate.

And he said in an exclusive statement to (Baghdad Today), that “the coordinating framework insists on restoring the previous dollar exchange rate because the current price has achieved financial abundance, but at the expense of the impoverishment of the Iraqi people.”

He added that “the difference in the increase in the previous period is supposed to be spent on specific cases of the Iraqi people, in particular, to raise the suffering of poor families, especially social welfare. It is assumed that their salaries are raised through an increase in the exchange rate of the dollar.”

He explained that “the status of the ration card must be improved, and also many things must be dealt with through the excess difference in the dollar exchange rate.”  LINK

Samson:  An Economist Explains The Repercussions Of Removing Russia From “Swift” On Iraq

28th February, 2022

The economic expert, Nabil Al-Marsawi, presented, on Monday, a detailed explanation of the damage that Russia’s exit from the “Swift” financial system may have on the energy sector in Iraq, indicating that most Russian investments in Iraq, especially companies operating in the oil licensing fields, will be affected.

In a post on his Facebook page, Al Marsoumi said, “The SWIFT system, which is the abbreviated name of the Association for Financial Communications between Banks in the World, links more than 11,000 financial institutions operating in more than 200 countries, making them the backbone of the world’s remittance system. It is the most powerful financial weapon with which any country can be punished, as it will cut off the country from a large part of the global financial system. 

Russia is the second largest country within “SWIFT” in terms of the number of users after the United States, and the volume of financial transactions linked to Russia through “SWIFT” reaches hundreds of billions of dollars annually.

He added that “taking Russia out of Swift will damage Russian trade and will make it difficult for Russian companies to do business as their banks will not be able to communicate securely with banks outside their borders.”

Al-Marsoumi explained, “The Asian market imports two-thirds of Iraq’s crude oil exports, especially India and China, as Russia will offer Urals crude similar to Basra medium crude at reduced prices, which may cause Iraq to lose part of its market share in Asia, while Iraq can increase its oil exports. to European markets, especially in light of the high costs of shipping and insurance on Russian oil exports. He added, “On the other hand, there are very large Russian investments in the Iraqi oil and gas sector, as Rosneft owns 60% of the Kurdistan oil pipeline, which is the main operational export line in Iraq. Rosneft is also constructing a new gas pipeline whose export capacity is expected to reach 30 billion cubic meters of gas per year, which represents about 6% of the total gas demand in Europe. Also, the Russian companies represented by Lukoil, Gazprom and Rosneft are investing in the West Qurna/2, Badra, Block-10 and some fields of Kurdistan.”

Al-Marsoumi pointed out that “most of the Russian investments in Iraq, especially the companies operating in the oil licensing fields, who pay their costs and profits in kind, that is, in return for a certain amount of oil produced, have been affected, in addition to other difficulties related to how Russian companies implement their secondary contracts with other companies and how to finance them, which requires searching for a mechanism.” new ones to settle accounts with the Iraqi government, or this may lead to the withdrawal of Russian companies from the Iraqi fields.”  LINK

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

Samson:  Russia Announces A Set Of Historical Measures To Achieve Financial Stability

28th February, 2022

On Monday, the Central Bank and the Ministry of Finance of Russia announced a set of unprecedented historical measures to achieve financial stability in the country, in light of the “severe” Western sanctions.

The Russian Central confirmed raising the main interest rate to the level of 20% annually, which is an unprecedented step, and this level of interest is the first since September 2013 (beginning of data recording).

The Russian Central said that the decision came to support the Russian ruble currency, provide financial stability in Russia and protect deposits of Russian citizens, and stressed that the decision to raise interest rates will help maintain financial stability and price stability and protect citizens’ savings from erosion.

The Russian Central hinted at the possibility of raising the main interest rate again in the future, and said: “More decisions will be taken regarding the main interest rate based on the assessment of risks from external and internal conditions and the reaction of financial markets to them, taking into account the actual dynamics of inflation.”

The Russian Central Bank also decided to take a number of measures to increase the amount of guarantee provided by credit institutions in financial dealings with it.  It also decided to impose a temporary ban on transactions of foreigners not residing in Russia, and the Central said: “A temporary ban is imposed on intermediaries as of February 28, 2022, to carry out transactions of selling securities on behalf of foreigners not residing in Russia.”   LINK

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News DINARRECAPS8 News DINARRECAPS8

Iraqi News Early Monday AM 2-28-22

.Iraqi News Early Monday AM 2-28-22

TLM724 Administrator BondLady’s Corner

A government official warns of an economic shock to the country linked to the dollar exchange rate

Economie| 07:29 - 27/02/2022 Special - Mawazine News, on Sunday, the former Director of the Financial Supervision Bureau, Salah Nuri, ruled out returning the dollar exchange rate to its previous era.

In an exclusive interview with Mawazine News, Nuri confirmed that any change in the current exchange rate will cause a major economic shock to the country, as happened during its lifting, pointing out that all deliberations and hostings in this regard will not produce a result.

Iraqi News Early Monday AM 2-28-22

TLM724 Administrator BondLady’s Corner

A government official warns of an economic shock to the country linked to the dollar exchange rate

Economie| 07:29 - 27/02/2022  Special - Mawazine News, on Sunday, the former Director of the Financial Supervision Bureau, Salah Nuri, ruled out returning the dollar exchange rate to its previous era.

In an exclusive interview with Mawazine News, Nuri confirmed that any change in the current exchange rate will cause a major economic shock to the country, as happened during its lifting, pointing out that all deliberations and hostings in this regard will not produce a result.

He pointed out that the current exchange rate has become a reality and cannot be changed quickly, likening the situation now to slums that cannot be removed directly without finding alternatives for their residents, and this is the case with the exchange rate with the dollar.

It is noteworthy that Parliament will hold a session tomorrow, Monday, to discuss the dollar exchange rate, in the presence of Finance Minister Ali Abdel Amir Allawi.  https://www.mawazin.net/Details.aspx?jimare=185868

An Economist Rules Out The Dollar's Return To Its Previous Price

Saturday 26 , February 2022 | Economy    Read Counter 49  Baghdad / NINA / - The Economic Expert, Raad Twij, ruled out the return of the dollar exchange rate to the previous price of 118 thousand Iraqi dinars.

Twij said in a statement to the National Iraqi News Agency / NINA /: “In view of the insistence of the Central Bank and the Ministry of Finance on the grounds that the recent change in the exchange rate was a final and decisive matter, it is unlikely to return to the previous exchange rate, especially since it has been a long time.”

He noted that "the Iraqi economy, with all its monetary and real sectors, has rebalanced the new price according to the market system.

He added: "Although the decision harmed many segments, especially the poor, it reduced the smuggling of hard currency to other countries, and the demand for hard currency is still high and increasing." / End   https://ninanews.com/Website/News/Details?key=959320

Iraqi Optimism About Economic Gains After Exiting From Chapter VII

Baghdad is looking to strengthen its position after ending the Kuwait compensation file

Muayyad Al-Terfi is an Iraqi reporter    Friday 25 February 2022 10:42

***

Jabr indicated that Iraq's fulfillment of its obligations to Kuwait's compensation and its exit from the penalty of the seventh country will mean a better future for relations with the countries of the world, in which there is a kind of equality and mutual respect,

pointing out that this matter opens wide doors for investment and the development of Iraq's international status

***

money that was placed in the Kuwait Compensation Fund can be invested inside Iraq, and this will be the responsibility of the government

***

Iraq will reap the fruits of ending its international obligations in liberalizing the restrictions of Iraqi banks. From the cause of the seventh item

***

Iraq has debts estimated at $28 billion

***

Iraq’s exit from the seventh item will have clear results In the recovery of the banking sector after the lifting of sanctions on this sector,

***

which will lead to the stability of the monetary situation, especially in light of the high reserves and banking transactions with foreign banks

***

dealing with these banks will be easier, which will contribute to the development of the banking sector, and thus the development of the economic sector

***

assets of the Central Bank of Iraq until the end of 2021, according to a report by the bank, amounted to more than 150 trillion Iraqi dinars, up to (100 billion dollars), including the cash reserve, which amounted to about 64 billion dollars, an increase of 19 percent compared to the end of 2020.

***

The highest central bank since 2005, rising from 30 trillion Iraqi dinars in 2005 to 150 trillion Iraqi dinars at the end of 2021.   

https://www-independentarabia-com.translate.goog/node/306716/اقتصاد/أخبار-وتقارير-اقتصادية/تفاؤل-عراقي-بمكاسب-اقتصادية-بعد-الخروج-من-البند-السابع

 

 

To read more current and reliable Iraqi news please visit BondLady’s Corner:

 https://www.bondladyscorner.com/

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Chats and Rumors, News Deb Aspinwall Chats and Rumors, News Deb Aspinwall

"Tidbits From TNT" Monday 2-28-2022

.TNT:

Tishwash: Parliament begins discussing the rise in the price of the dollar in the presence of the Minister of Finance

Today, Monday, the House of Representatives began discussing the exchange rate and its repercussions on the market, in the presence of Finance Minister Ali Abdel .Amir Allawi

The Parliament's media department said, "The House of Representatives began discussing the exchange rate and its repercussions on the market through high prices ".and the harm of the poor

He added that "the public debt and the financial policy of the Ministry of Finance and what are the treatments for that will also be discussed in the presence of the ".Minister of Finance link

TNT:

Tishwash:  Parliament begins discussing the rise in the price of the dollar in the presence of the Minister of Finance

Today, Monday, the House of Representatives began discussing the exchange rate and its repercussions on the market, in the presence of Finance Minister Ali Abdel .Amir Allawi

The Parliament's media department said, "The House of Representatives began discussing the exchange rate and its repercussions on the market through high prices ".and the harm of the poor

He added that "the public debt and the financial policy of the Ministry of Finance and what are the treatments for that will also be discussed in the presence of the ".Minister of Finance  link

CandyKisses:  Oil prices jump, Brent crude exceeds $ 105 a barrel

US West Texas Intermediate crude futures posted gains of more than 5% to $99.10 a barrel in Asian trading, easing slightly after rising 6% earlier.

Brent crude rose more than $7 to $105.07 a barrel.

Brent crude crossed the $100 level last week, even touching $105, before paring gains.

Both oil contracts settled down more than 1% on Friday.

The United States and the European Union have said they will exclude some Russian banks from the SWIFT banking system, and that they will impose sanctions, in particular on Russian President Vladimir Putin and his Foreign Minister Sergei Lavrov.

The European Union also banned all dealings with the Russian Central Bank, which led to a nearly 30% drop in the ruble in international exchanges on Monday, Bloomberg reported.

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Shybaby:  Economist: Popular Pressure May Lead To An Adjustment In The Dollar Exchange Rate

The researcher in economic affairs, Nabil Jabbar Al-Ali, expected, on Sunday, that popular pressure on measures to change the exchange rate would result within an acceptable monetary range, to contribute to reducing pressure on individuals’ incomes due to the increase in inflation.

Al-Ali said in a statement to “Information” that “the consumer price inflation pushed him to resentment even more, calling on the political forces to amend the exchange rate, especially after the rise in oil prices, exceeding $95.” He added that “the issue of exchange formed a kind of political competition between Shiite political forces, in particular, to try to please the Iraqi people and win their affection.”

He pointed out that “the continuous popular pressure may result in adjusting the dollar exchange rate to its previous era, despite the reservations of Finance Minister Ali Allawi to reduce the exchange rate.”

The First Deputy Speaker of the House of Representatives, Hakim Al-Zamili, announced that more than 100 deputies signed on hosting the Minister of Finance, while noting that the high exchange rate did not benefit the state.    LINK

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Mot: When confronted the man became irate, knocked down an employee, .....Karma............

AUGUSTA, GA - Orville Smith, a store manager for Best Buy in Augusta, Ga. told police he observed a customer, later identified as Tyrone Jackson of Augusta, on surveilance cameras putting a laptop computer under his jacket.  When confronted the man became irate, knocked down an employee, drew a knife and ran for the door.

Outside on the sidewalk were four Marines collecting toys for the Toys for Tots program.  Smith said the Marines stopped the man, but he stabbed one of them, Cpt. Phillip Duggan, in the back; the injury did not appear to be severe.

After police and an ambulance arrived at the scene, Cpt. Duggan was taken for treatment.

"The subject was also transported to the local hospital with two broken arms, a broken ankle, a broken leg, several missing teeth, possible broken ribs, multiple contusions, assorted lacerations, a broken nose and a broken jaw ..... injuries he sustained when he slipped and fell off the curb after stabbing the Marine," according to a police report.

Mot:  - LOL - Yet another Reality of Life! ~~~

Mot: -- Yet More Insight into that Marital thingy! ~~~

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Chats and Rumors, MarkZ Deb Aspinwall Chats and Rumors, MarkZ Deb Aspinwall

"Coffee with MarkZ" Monday Morning Chat 2-28-2022

.Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ Monday Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

Member: Good Morning Another week if hoping this is it!!

MZ: Our biggest news over the weekend is a number of people were getting notifications they had to sign digital NDA’s (Non Disclosure Agreements) before they could move forward with their group appointments. This is so they do not release any information that they shouldn’t like perhaps a time or location . This started happening late Saturday night and Sunday.

MZ: On the Iraqi front is one of our best indicators on timing right now….so many articles about going back to the old exchange rate and how they are going to deal with it….They are also trying to get their government sat this week…Huge things going on in Iraq.

Member: I thought the Iraqi bank could do RV without government seated?

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ Monday Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning Another week if hoping this is it!!

MZ: Our biggest news over the weekend is a number of people were getting notifications they had to sign digital NDA’s (Non Disclosure Agreements) before they could move forward with their group appointments. This is so they do not release any information that they shouldn’t like perhaps a time or location .  This started happening late Saturday night and Sunday.

MZ: On the Iraqi front is one of our best indicators on timing right now….so many articles about going back to the old exchange rate and how they are going to deal with it….They are also trying to get their government sat this week…Huge things going on in Iraq.

Member: I thought the Iraqi bank could do RV without government seated?

Member: They could- but the question is …will they????

MZ: Buckle up….we don’t know the exact timing but big events are happening right now.

MZ: Nothing on CMKX…..but folks had been expecting something to happen over the weekend that did not.

Member: Mark any news on the Chinese elders?

Member:  Mark, The Chinese Elders are getting so old now they are going to need Golden walkers!

MZ: Nothing new from the elders either……i have reached out- but no news.

Member: Did the St.Germaine trust open at Christmas?

MZ: I don’t know. I cannot get a straight answer from anyone. We were told from many “in the know” including a Rothschild who is fighting on our side that the easiest time to open it is at Christmas Day and Easter Day. That is how it was designed. Yes I believe its real…..but is it open?? I don’t know.

​Member: I have read thru many sources that St. Germaine was opened at Christmas and has remained open

Member: Hope so…..hate to wait for after Easter.

Member Mark, if your under NDA, how will you be able to tell us about the golden egg, that it’s go time?

Member: Mark said that he will be allowed to post the 800 numbers or safe link…..but not have a stream with any exchange information until his NDA expires.

Member You will get an 800 number to call. Get subscription to Dinarrecaps or from MarkZ when it happens.

Member What about the 55day Rule? That's today, what do you think might happen? Nothing?

Member: Supposedly today is the day we may see the markets crash according to history….

Member: Holly: Per the Zero hedge article, today would mark the market crash. Being the 55th day on February 28th. Let’s see what today brings.

Member: Anything new on rates?

Mod: PEOPLE STOP ASKING FOR RATES YOU WILL KNOW WHEN YOU GO TO EXCHANGE .. ANYTHING ELSE ARE GUESSES

Member: If unsure if currency is in first basket, take all currency to appointment, they will tell you

Member: Do you still believe we will see the EBS and disclosure of deep state stuff?

MZ: Yes I do.

MZ: There is a lot of lies and propaganda being put out by the media abut Russia and the Ukraine…….Do not trust anything you read right now. There is no truth…..

Member: This is the white hats taking out the deep state……and we are winning….

Member: Watch the movie “Wag the Dog” its all true

​Member: Russia is the only country that does not deal with the central banks!

Member: Imo Putin is a white hat and he is bringing down the wicked illuminati on that side of the world

Member: The deep state wants to start a war….

Member: the deep state is good at getting wars started, so they will profit measureably from them! Believe it!

Member: Do people Know that Rotheschild Have, Control 6 Seats in the United Nations ??

Member: Ukraine is or was the playground for the cabal this has to happen to have GESARA /NESARA

Member: I heard The gold that was stolen on 9-11-01 has been stored in the Ukraine

Member: The Ukraine was the Western Countrys' Honey Pot. The Politicians will feel the loss of funds from the corruption.

Member: thanks for everything Mark see you at 7:00 p.m. hope you bring great news

Member: I’m so ready for a vacation on the beach, sand in my feet

Member: Hoping this is our big week!!!

Member: See you all tonight

OKIE HAS ONGOING SERIOUS HEALTH ISSUES. OUR COMMUNITY IS THE ONLY HELP HE CURRENTLY HAS - HELP IF YOU CAN- THIS IS THE ONLY LINK TO SUPPORT OKIE.  https://www.paypal.com/paypalme/SeedsofWisdomTeam

OKIE is still very ill and needs our help. Salty has a NEW SOW Humanitarian Fund account just for Okie Every penny goes to Okie to help with Medical costs. Here it is: http://paypal.me/OkieTeam

No Paypal acct needed on this link: https://www.paypal.com/donate?hosted_button_id=J6BM9Z7ZU5RDW

IF THE INTERNET GOES DOWN Emergency number… (712) 770-5028 Code:648989 Playback number (712) 770-5066

IF MARK LOSES THE ABILITY “TO STREAM LIVE"...PLEASE TAKE NOTE OF THE "NEW" EMERGENCY NUMBER EFFECTIVE DAY: (712) 770-5028 Code: 648989 Playback number (712) 770-5055 or 712-770-5066.

The next stream is tonight at 7 pm est…..unless.   

MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.

THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE

MZ: Zim payouts I hear will be traunched…..a structured payout over time…….What is a traunch?   https://www.investopedia.com/terms/t/traunch.asp

MZ:  JFK Secret Societies Speech in case we forgot   https://www.youtube.com/watch?v=ItOPg2l7-t0

JFK to 911 Everything Is A Rich Man's Trick https://www.youtube.com/watch?v=8ObvK4NR_LI&has_verified=1&bpctr=1579044401

Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html

MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y

Mod:  Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME

MZ: Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road

You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate

IF THE INTERNET GOES DOWN MARKZ NEW NUMBER Emergency number (712) 770-5028 Code:648989 Playback number (712) 770-5066

Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz

MARKZ and SALTY TOES have worked hard to build a COMMUNITY that people can trust.  You can connect with MarkZ at The Seeds of Wisdom Team Community and website.  Just visit the Seeds of Wisdom Team Website, join the Seeds of Wisdom Telegram Community, and Subscribe to receive email updates. https://seedsofwisdomteam.com/

Follow Mark on odysee ( formerly known as library) at https://odysee.com/@theoriginalmarkz:e

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:     https://www.youtube.com/watch?v=E5xiATkybS8

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Economics DINARRECAPS8 Economics DINARRECAPS8

'The 55 Day Rule' Expires Tomorrow (Monday 2-27-22)

.'The 55 Day Rule' Expires Tomorrow (Monday 2-27-22)

By Tyler Durden Sunday, Feb 27, 2022 - 05:10 PM

Option Strategist.com's Lawrence G. McMillan makes an interesting observation...

Most people don’t realize that the Crash of 1929 and the Crash of 1987 both occurred exactly 55 calendar days after the stock market had topped. All prices in this article are closing prices on the day being referenced.

1929: the peak in the Dow was reached on September 3rd, when it closed at 381.17.

55 calendar days after September 3rd was (Monday) October 28th. That was the exact date of the Crash of 1929, with the Dow down 40.58 points, or 13.5%.

'The 55 Day Rule' Expires Tomorrow (Monday 2-27-22)

By Tyler Durden  Sunday, Feb 27, 2022 - 05:10 PM

Option Strategist.com's Lawrence G. McMillan makes an interesting observation...

Most people don’t realize that the Crash of 1929 and the Crash of 1987 both occurred exactly 55 calendar days after the stock market had topped.  All prices in this article are closing prices on the day being referenced.

1929: the peak in the Dow was reached on September 3rd, when it closed at 381.17.

55 calendar days after September 3rd was (Monday) October 28th. That was the exact date of the Crash of 1929, with the Dow down 40.58 points, or 13.5%.

1987: the Dow topped out at 2722.42 on August 25th.

55 calendar days later was (Monday) October 19th when the Dow collapsed 507.99 points, or 22.6% in one day!

This year, the Dow topped out on January 4th, and...

55 days later is Monday (!) February 28th.

In both 1929 and 1987, there was a sharp market decline in the week preceding the Crash, so that is something else to watch for.

These Crashes just didn’t appear out of thin air.

To continue reading, please go to the original article here:

https://www.zerohedge.com/markets/55-day-rule-expires-tomorrow

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News DINARRECAPS8 News DINARRECAPS8

More Iraqi News Late Sunday PM 2-27-22

.More Iraqi News Late Sunday PM 2-27-22

TLM724 Administrator BondLady’s Corner

Territory Government: We Will Continue Negotiations With The Federal Government To Resolve The Oil And Gas Issue

Posted On2022-02-27 By Sotaliraq KRG Minister of Parliament Vala Farid said on Sunday that the KRG will continue negotiations and dialogues with the federal government to find a solution on the oil and gas issue after the Federal Supreme Court decision.

Farid headed a delegation of the regional government, which met with the heads of the political blocs in the Kurdistan Parliament to discuss the issue of the Federal Court's decision to cancel the oil and gas law in the region.

More Iraqi News Late Sunday PM 2-27-22

TLM724 Administrator BondLady’s Corner

Territory Government: We Will Continue Negotiations With The Federal Government To Resolve The Oil And Gas Issue

Posted On2022-02-27 By Sotaliraq   KRG Minister of Parliament Vala Farid said on Sunday that the KRG will continue negotiations and dialogues with the federal government to find a solution on the oil and gas issue after the Federal Supreme Court decision.

Farid headed a delegation of the regional government, which met with the heads of the political blocs in the Kurdistan Parliament to discuss the issue of the Federal Court's decision to cancel the oil and gas law in the region.

After the meeting, the minister said in a statement to reporters, "We were unanimously agreed that the decision is political and in violation of the articles and paragraphs of the Iraqi constitution," stressing that "the regional government will continue negotiations and dialogues with Baghdad to address these problems."

She added, "The Kurdistan Parliament as a legislative body, and all institutions in the region will have the final say on this matter."   LINK

Economist: Restoring Confidence In The Iraqi Dinar Requires Moving To Adopting Financial Inclusion Mechanisms

Saturday 26 February 2022 10:39 | economic Number of readings: 214  Baghdad / NINA / - The expert in economic affairs, Safwan Qusay, stressed the need to expand the sources of obtaining the dollar and open different windows to support the dinar and move to the open currency market, stressing that restoring confidence in the Iraqi dinar and the Iraqi financial and banking system requires moving as soon as possible to adopting financial inclusion mechanisms.

Qusay said in a statement to the National Iraqi News Agency / NINA/ That "the process of determining the fair value of the Iraqi dinar requires monetary policy to unite with fiscal policy to control inflation and convert the Iraqi dinar into a productive dinar after it was disrupted due to misdirection of public spending," noting that "the fixed price policy of the Iraqi dinar, which is pegged to the US dollar, contributed In reducing the sources of risk for the value of the currency, but it transferred those risks to the reserves of the Central Bank, which were reduced due to the dependence of the dollar balance of Iraq on oil prices.”

He stressed: "The necessity of expanding the sources of obtaining the dollar through the current and strategic economic reform approach to contribute to opening different windows to support the dinar and the transition to the open currency market, with the necessity of operating other monetary tools by the Central Bank of Iraq to contribute to controlling the money supply and controlling the rates of price increases. ".

The economic expert continued, "The restoration of confidence in the Iraqi dinar and in the Iraqi financial and banking system requires moving as soon as possible to adopting financial inclusion mechanisms to activate the process of investigating the sex of money and tracking the movement of goods, which is the most important steps to fight corruption."/  https://ninanews.com/Website/News/Details?Key=959333

Learn About Iraq's Ranking In The List Of The Largest Arab Gold Reserves

Economie| 10:59 - 27/02/2022   Follow-up - Mawazine News  The World Gold Council announced, on Sunday, that more than 2,000 tons of gold are in the possession of a number of Arab countries.

In a report seen by Mawazine News, the council said that "the central banks of ten Arab countries own more than 2,180 tons of gold," noting that "these countries combined are much less than what the United States alone possesses in possession of 8,133 tons of gold."

The report added that "Saudi Arabia comes at the forefront of the Arab countries with the most gold, with its holdings of 323.1 tons, followed by Lebanon with 286.8 tons, then Algeria with 173.6 tons, Libya with 116.6 tons, and Iraq fifth with reserves of 96.4 tons."

And he added, "Egypt's reserves amounted to 80.9 tons, Kuwait 79 tons, Qatar came with reserves of 56.7 tons, followed by the UAE with 55.2 tons, and finally Jordan came with 43.5 tons." Ended

https://www.mawazin.net/Details.aspx?jimare=185810

After Full Payment .. Economical Provides Ways To Take Advantage Of The Surplus Of Iraq Debt

Economic     Last Updated 2022/02/27 | 7:54 pm   Information / Special .. Bassel al-Obeidi, Sunday, introduced economic roads to take advantage of funds paid by Iraq as international debts.

Al-Obeidi told the information.".

"After paying Iraq for all international debt annually, in addition to the benefits and fees he paid on his will, the Iraqi government and a decision of the House of Representatives, provide not to enter the amount in budgets," he said.   "The proportion of international debt has been more than seven percent of monthly oil revenues," Al-Obeidi said      https://almaalomah.me/2022/02/27/584611/

Baghdad's Trade Calls For The Involvement Of Economists To Develop Upcoming Plans

economic    2022/02/27 | 7:26 pm  Information / Special ..The Baghdad Chamber of Commerce, Sunday, the Ministry of Planning for Publishing and SEC and experts called on statistical and proportion of statistical data, which helps to crunch of economic matters.

"The Ministry of Planning has to participate statistical and appropriate data with economists and experts so we can serve as a new plan to build economics and Iraq on accurate statistics," said Rashid Al-Saidi.

"Iraq is on the doors of forming the new government and approving a 2022 budget, therefore, economic participation and data must be made to provide strong and court plans to improve the economic situation," he said.

The Russian-Ukrainian war has a significant impact on the Iraqi economy as much as imported materials and trade with the two countries.   https://almaalomah.me/2022/02/27/584602/

To read more current and reliable Iraqi news please visit BondLady’s Corner:

https://www.bondladyscorner.com/

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