KTFA Members "Wednesday News" 6-5-19 International Islamic Bank

by **Rocky** Thu 06 Jun 2019, 2:19 am

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KTFA Members "Wednesday News" 6-5-19 International Islamic Bank

by Rocky Thu 06 Jun 2019, 2:19 am

KTFA Members "Wednesday News" 6-5-19

6/5/2019
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KTFA:

Samson: International Monetary Fund downgrades Chinese growth outlook

5th June, 2019

The International Monetary Fund (IMF) on Wednesday lowered its forecast for China's 2019 economic growth to 6.2 percent as trade frictions intensified, saying that if the US-China trade war escalates, it will further facilitate monetary policy.

The cut in expectations came just two months after the IMF raised its estimate of China's growth to 6.3 percent from 6.2 percent, highlighting the expected pressure on the world's second-largest economy as a result of the increase in US tariffs on Chinese goods in billions of dollars.

"Growth is expected to fall to 6.2 percent and 6 percent in 2019 and 2020, respectively," IMF Deputy Managing Director David Lipton said in a statement. "The near-term outlook is still very uncertain, given the potential for further escalation of trade tensions," he added.   LINK
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Samson: Malls, parks and shops are busy across Iraq as Iraqis mark Eid Al-Fitr and celebrate this joyous occasion with their families and friends. We wish them all a blessed #Eid. pic.twitter.com/Wz2xYUEMMO

— Government of Iraq - (@IraqiGovt) June 5, 2019

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Chappy86: Teaching the Iraqi citizens how to use the new ATM machines and their bank cards. Eliminates risk, money laundering, counterfeiting. Training before IMPLEMENTATION and ACTIVATION IMO

Samson:  International Islamic Bank - What is the importance of the spread of electronic devices

4th June, 2019

What is the importance of the spread of electronic devices
At first let us know what is this device and what is its usefulness?
Sale points - point of sale

Simply it is a device that is at the dealer and tied to its account in the bank, disturb through it the financial receivables from the customer card directly to the bank without the need to use cash.
I mean who go to shop, restaurant, hotel, taxi... etc
Somewhere you pay cash, it's possible to pay through the card and money automatically turns from your credit card account to the bank dealer.

This thing is positive, but how?

Merchant

1-concludes the process of counting and sorting money and problems of damage, fake and lack.
2-concludes the transfer of money and the risk of theft and robbery and lgi one fly in income.
3-concludes the problem of lack of small categories (Mako Scrap) AND SAFARICOM DISTURB FEELINGA COMPETITIVE PRICES JU of huh fiat for example 950 KD instead of 1000 KD
Customer

1-movie remove money, and concludes the risks of theft and loss.
Discounts provided by traders are used to pay the card as well as the process is done without any additional commissions.
3-Merah have to pull all the cut and merah wkf queues stand atm first salary salary.
Sectoral side

Cash Trading Reduces the result of increasing currency age and reduces the costs of
re-Printing.

2-keep the cash as much as possible within the banking system.
3-achieving the actual interest of the salary settlement project.
Experiment is successfully applied to any countries, some of the shops are a sign (no cash) and what it means already doesn't have a cashier accept cash.   LINK

Samson:  Russia and China plan to launch joint venture fund to invest in Moscow

4th June, 2019

Russia plans to disclose a new joint fund denominated in yuan with China later this week will invest in Moscow

The announcement of this joint fund with China will be made at the St. Petersburg International Economic Forum from June 6 to 8, said Kiril Dimitriev, head of the Russian sovereign wealth fund, in remarks quoted by Reuters on Monday

Russian President Vladimir Putin heads the St. Petersburg Economic Forum and is due to be attended by Chinese President Xi Jinping

Russia and China agreed last year to set up a new investment fund of 1.5 billion yuan (217.27 million US dollars) to support financial and industrial projects in both countries   LINK

Clare:  https://www.army.mil/d-day/

On June 6, 1944, more than 160,000 Allied troops landed along a 50-mile stretch of heavily-fortified French coastline, to fight Nazi Germany on the beaches of Normandy, France.

Gen. Dwight D. Eisenhower called the operation a crusade in which, “we will accept nothing less than full victory.”

More than 5,000 Ships and 13,000 aircraft supported the D-Day invasion, and by day’s end, the Allies gained a foot-hold in Continental Europe.

The cost in lives on D-Day was high. More than 9,000 Allied Soldiers were killed or wounded, but their sacrifice allowed more than 100,000 Soldiers to begin the slow, hard slog across Europe, to defeat Adolf Hitler’s crack troops.

D-Day veteran, 97, parachutes into Normandy 75 years later: 'I'd go up and do it all again'

https://www.foxnews.com/world/d-day-veteran-97-parachutes-into-normandy-75-years-later

Don961:  Iraq opens the "Green Zone" ... ending the isolation imposed by the US occupation since 2003

- 6 Hours Ago

BAGHDAD (Reuters) - Iraqi Prime Minister Adel Abdul-Mahdi announced Tuesday the opening of the fortified Green Zone in central Baghdad, marking the end of the isolation of this area, which Americans seized after occupying Iraq in 2003, from several residential neighborhoods overlooking the Tigris River. As the seat of the occupying power and then of the Governments formed thereafter.

"The Green Zone was opened this morning," he said, adding that the number of streets opened was 10, as well as the lifting of 12 thousand cement blocks from the region. He pointed out that "the opening is permanent and round the clock in front of the movement of citizens."

The Iraqi government had announced earlier that it had prepared a plan to open the Green Zone completely, and remove the excesses through Baghdad International Airport to the main door of the airport, as well as lifting cement blocks from the district of Kadhimiya (north of Baghdad) and Sadr City (east of Baghdad) .

In the context of this, informed security sources said in an interview with "the new Arab" that "the checkpoints responsible for the protection of the Green Zone received instructions to facilitate the task of trucks and mechanisms that raise the large number of barriers that remain inside the area," noting at the same time, That "the security guard will increase at the roads leading to the important government offices, and a number of embassy headquarters and foreign missions and international organizations that operate from within the government area fortified."

The same sources confirmed that some former and current officials have stepped up guard posts around their residence inside the Green Zone, pointing out that some neighborhoods such as Karrada, Arasat, Jadriya, Palestine Street, Yarmouk, Harithiya and Mansour continue to suffer from the barriers of officials.

The lifting of 12 thousand cement block from the region (Getty) and the use of leaders in the militias "popular crowd" to persuade some armed factions to ease the protection measures around their headquarters in order to open a number of closed roads.

The name is an outsider

The Green Zone is an exotic name on the geography and history of Baghdad, three adjacent residential neighborhoods located in the heart of the capital and on the sides of Karkh and Rusafa on the Tigris River, cut off and surrounded by high concrete walls days after the US invasion. The historic palaces of Baghdad, whose rulers have been in place for centuries, have been in place since the Abbasids and the Ottoman Empire followed by the British occupation. General Frederick Stanley Maude, then ruler of Iraq, took the current Peace Palace after it was the seat of Ottoman ruler Medhat Pasha.

And then moved to the royal rule to be the palace of Al-Rehab currently located within the Green Zone, the seat of the ruling Hashemite family of Iraq before being overthrown by a military coup led by Abdel-Karim Kassem, which soon fell by another coup led by the Baath Party "Arab Socialist" to continue until the occupation of the country, The civil administrator Paul Bremer to settle in the Rehab Palace as the seat of his rule before ordering the trimming of adjacent areas and included in a single box called the Green Zone, in a name that reflects the rest of Iraq, which was covered by fire and smoke withdrawal from Basra to Anbar in the west.

Expulsion of the population

Most of the residents of the area, which contained buildings, shops and houses of Iraqi Christians, and the region was mostly known as Karada Mary in relation to the Virgin Mary peace be upon her. It was an important commercial center and had a large road network connecting the two sides of Baghdad with some as well as the suspension bridge, which the Baghdadi considered a symbol or a capital landmark, as in other capitals that boast of something in it.

The US forces evacuated citizens from homes and apartments and compensated them with monthly payments of $ 1,000 to rent others, as they became part of the US military governor of Iraq after the occupation. The number of these houses and apartments more than 3 thousand units expelled all of their families and did not give the option of rejection. The units later exploited the families of diplomats and US foreign officials, specifically, and quickly moved to parliamentarians, party heads, political blocs, ministers and key officials.
Area

The area is about 12 square kilometers, surrounded by three high concrete walls. The new area has been marked and opened with five doors each section dedicated to entering the category, for example the military door, parliamentarians from the door, members of the diplomatic mission of the door, members of the government from another door.

Monuments and palaces

The area includes eight presidential palaces, some of which date back centuries, some of which are not more than forty years old, notably the Al Rehab Palace, the Palace of Jerusalem, the Palace of Peace, the Presidential Palace, the Al-Sajda Palace and the End Palace, most of which are spread over the Tigris region.

The area also includes the Arc de Triomphe built from the helmets of Iranian soldiers after the end of the Iran-Iraq war. It includes Ibn Sina Hospital and the Tomb of the Unknown Soldier, along with family gardens, city, games and restrooms between nearby houses and apartments.

The New Arab   link