| Online: | |
| Visits: | |
| Stories: |
Tidbits from Frank26 and KTFA MembrsWednesday Morning
moneytalks1 : Hi Frank, A question that a few members of family have asked but no definitive answer: “For the 2% compliance for Article 8, what number does the CBI have to reach.ie 1189 or ? I think yesterday in your question/answer period, you asked if the CBI is article 8 compliant..you answered I think “Yes”. Could you clarify this for us or have Delta clarify? Thanx again. brother from Canada P.S. I feel very lucky to be one of the few Canadians who will be blessed.
Frank26: I will re-state our comment from last night …….. You can also re-listen to verify.
The market price dropped from 1217 to 1203 …….. IOO ………
CBI is now within 2% ready to be article 8 International status.
Then we said should hear about GOI on 2nd. But cautioned that the 10th is more a reality.
KTFA, Frank
….
Frank26: in the still of these last few nights ……….. The GOI likes to meet and do some surprising things.
This 2% thingy seems to be a serious goal of the CBI along with the seriousness of some GOI Laws well …. Must say ………. When I do sleep today ……… It will be with a big smile.
YOU ……. Sir ………. I will see in 15 days.
KTFA, Frank
Fact Checker : 2 to 2.5 million dinars. They have to have a rate because that amount at the current rate of 1166 sure wouldn’t do much!!!!
**********
Frank26: I second that emotion Friend ………. As I call it a second set of books.
So do they.
KTFA, Frank
JJONESMX : FRANK SIR, LOOKS LIKE THE CBI HAS/IS TESTING BANKS… REGULATIONS AND THE FACT THAT THEY NEEDED TO HIT THEIR LIQUIDITY MARKS, IE..BASIL III. .
SOME OF THESE BANKS WERE ALSO ON THE OFAC LIST AS UNABLE TO DO BUSINESS INTERNATIONALLY..
THEY ARE WHITTLING AWAY AT THE RESTRICTIONS AND WE KNOW THAT THEY HAVE INSURANCE AND RE-INSURANCE, SO WE WILL SEE THE PRIVATE BANKS TAKE THEIR ROLE IN THE RECONSTRUCTION OF THE COUNTRY BUT ONLY AFTER THE CBI IS SURE THAT THE SHIP IS SAILING A STRAIGHT LINE..
THOUGHTS OF A GOOD FRIEND OF MINE THAT, I HAVE TALKED TO YOU ABOUT BEFORE. .JJ
**********
Central action keeps the money of depositors and shareholders
8/26/2014 0:00
Two experts confirm the success of monetary policy in evaluating the performance of banks
BAGHDAD – Hussein al-Tamimi Tgb
adoption of the foundations of financial discreet in the management of the monetary sector represents the most important steps to achieve economic development, this was confirmed by (experts in economic affairs), departing from the mechanisms adopted by the Central Bank of Iraq to address the problems experienced Financial sector previously,
They confirmed the existence of steps adopted by the Central cemented its program of work. break the monopoly of the economic expert Fares al-Rubaie pointed out that the central bank’s measures adopted boosted the prestige of the private banking sector, for its role in maintaining the capital of depositors and investors, pointing out that the most prominent steps adopted by the Central break the monopoly of remittances to buy the dollar, by giving greater opportunity for private banks and money transfer companies and banking companies to participate in the auction currency.
streamlined sales and added in an interview for the “morning” to tighten control over the auction sale of the currency (dollar) and remittances is positive, especially that he was accompanied mechanism did not disrupt the flow of the sale and availability of hard currency in the local markets, indicating the importance of initiating Central to make the members of the boards of directors of private banks are law-abiding, especially those who were Ikhrkonh ignorance, indicating that this procedure is the calendar for the work of the private banking sector.
legal ways and pointed out that the central depends ways various legal to keep the money of depositors and shareholders, indicating the presence of Angels experience high working on the follow-up mechanisms to keep the money in spite of the many variables facing their work, and so we can say that the spirit of the law applied in these procedures. pointed out that although inter measures adopted by the central work But he did not live up to the level of ambition, stressing the importance of that going efforts of the Central Botaúr mounting, through human capacity building fortified and the development of units and structures in line with the modern and the evolution of the crimes banking and corporate law (banking companies to contribute). called vernal reconsider legislation Legal regulating the banking business private, especially as the capital of private banks exceeded the barrier of 300 billion dinars, as well as expanding numbers of local banks and the entry of branches of regional and international banks.
achieve the goals either banking expert Samir protagonist has confirmed that the followers of the stages through which applications of monetary policy in Iraq after the issuance of Iraqi Central Bank Law 56 of 2004 and the Banking Act 94 of 2004 it became clear that the CBI has succeeded in achieving the goals central to monetary policy in the stability of the monetary system and cope with waves of inflationary after the significant improvement in the exchange rate of the Iraqi dinar. interest rate and said that the building of reserves in foreign currency led to build the foundations of a solid in maintaining the building economic stability and external open a wide range of investment as the positive role played by the interest rate in reducing hyperinflation annual basis in 2006 to about 5.6 percent in 2012, as well as to identify the phenomenon of dollarization and Almdharbh.ofatt to The Iraqi Central Bank has succeeded in maintaining its independence and through Astqraúna and our analysis of the reality of the monetary policy and the experience of previous years,
we hope the Board of Directors of the CBI study the proposals for the development and modification of some episodes of monetary policy currently applied and thus contributing to the restructuring and reform of the private banking sector and enhance the role of banks to move from the role of financial intermediation to the developmental role which is a modified strategy for monetary policy currently approved and proposed policies and processors are required for banking reform for the next phase outlining a new strategy for the banking sector for the next five years.http://alsabaah.iq/
**********
Frank26: And good thoughts they are JJ for I agree and ……….. SEE such things with all my TEAMS reports. TY for Your contributions.
KTFA, Frank*
************
walkongstick :The US still decides the future of capitalism, not the G20, and not the Brics nations
A new development bank, launched by leading emerging nations, has stolen the G20’s thunder. But it won’t pose a real challenge to US dominance of global markets
Leo Panitch Wednesday 27 August 2014 01.43 EDT
http://www.theguardian.com/**********
Frank26: Monday’s CC ………. Who’s Your $#@!& DADDY ?!
Tell wanna be China and Russia the same thing !!!
KTFA Frank
***********
walkongstick : Barzani: We made paper for the National Alliance and must be implemented in accordance with the timeframe
BAGHDAD / WAP / announced KRG President Barzani,on Wednesday, said his government supports accelerate the formation of the federal government, as revealed that Kurdistan has to demands made by the National Alliance to achieve within the timeframe.
Barzani said in a statement to the Kurdistan Regional Government on the sidelines of a meeting with Parliament Speaker Salim al-Jubouri, received news agency Baghdad International / WAP / copy of it, that “the Kurds have clear demands, such as Article 140 of the Constitution, and the issue of the Peshmerga, budget, and oil, and we decided to look this demands with Baghdad, “stressing that” all the Kurdish leaders decided to be cooperative in order to form a government as soon as possible. ” and pointed out that the“Kurdish leaders understand that all these things can not be implemented within two weeks, but there is the insistence by all Kurdish forces about the need to The existence of a time limit to these demands, “explaining,” We have a constitutional issue with Baghdad on Article 140 of the Iraqi Constitution, and our side, it is necessary to finish this article. ” and added: “We talked with the head of the Federal Parliament Saleem al-Jubouri, the Commission for the talks, which formed to negotiate on forming a government New Federal and which went to Baghdad, “noting that” what we want this time is not repeated the mistakes of the previous stage with the Maliki government, which brought the Iraqis to this case. “
said Barzani that “if all the places under our control, we will demand legally and under the Constitution Iraqi resolve this issue, “pointing out that” Baghdad did not send any salaries to Erbil “./ ended
**********
Frank26: Yes. You have until the 10th ………. Now get moving please.
KTFA, Frank
***********
jdtolle » August 27th, 2014, Life gives you options
The questions and mysteries give you a chance to learn. The challenges give you an opportunity to make a positive difference.
The people with whom you disagree give you a way to see life from a different perspective. The disappointments you endure can put you on a path toward becoming more determined and effective.
Instead of complaining about what’s negative, you can look for what’s positive. Instead of feeling sorry for yourself, you can feel fortunate to be where you are.
When there’s nothing interesting or exciting going on, you have the chance to exercise and strengthen your imagination. When the world feels gray and dreary, you can find unique, original beauty in the unlikeliest of places.
Every day, life gives you options. What you choose from those options and what you do with them, determines where you are at the end of the day.
|
Right now, you have many options.
Choose the most positive, life-affirming, interesting, loving and fulfilling ones, and the reality of your life will follow along. — Ralph Marston Wishing All a safe and blessed day |
Source: http://nesaranews.blogspot.com/2014/08/tidbits-from-frank26-and-ktfa.html
