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Iobey777: Thank You FRANK, DELTA AND WALKINGSTICK for another great "teaching" CC! I pray that everyone will listen to the CC more than once and will understand that we are STILL very close...we don't know the date, but every article they bring gets us one step closer, IMO!
Frank says ***PAY ATTENTION to ALL articles from the CBI! right now, the citizens are waiting for the rate to change so they will bring in their 3 zero notes into the bank, their education will continue...
The CBI does not have to announce it to us, it could just show up at any time, then the articles to guide the citizens will come out! IMO...so, this means to me that we can see it come out any time!
Monday Night KTFA CC 6-17-19
PLAYBACK # : 605.313.5163 PIN: 156996# Or (605) 313-5153 PIN: 319183#
Popeye7: Anytime mode it seems, and just an observation on my part... With parliament supposedly voting on the interior, and defense ministers this weekend, why not have in coincide with the RI... IMO, they are chomping at the bit to release the rate ASAP... With all of the great information we receive tonight, we all have every reason to be quite optimistic that this is going to occur very quickly... God bless, and in His timing ultimately...
Samson: Iraq keen to join China’s Belt and Road Initiative
18th June, 2019
Iraq’s Minister of Transport, Abdullah Luaibi [Abdul Allah al-Leibi], has said that Iraq is actively seeking to join China’s Belt and Road Initiative [“One Belt, One Road (OBOR)“].
In statements on Monday, the Ministry confirmed that the Minister met with China’s Ambassador to Iraq, Zhang Tao, to discuss the plan.
It added that Iraq wants to accelerate the process of joining the Asian Infrastructure Investment Bank (AIIB). LINK
Iobey777: WOW!! I was listening to the recorded CC when I saw this post! Interesting that I was listening to DELTA talking about the Parl and that IHO, the CBI "might" be waiting for them to get this done so they will look good! Yes, they can do it without Parl, but, IMO, it would just look good for them to do it together!! Now you see this article!! Whats the RUSH Sir? Oh yeah! I think I know! The citizens want a new rate for their currency!!!
Samson: Iraqi parliament must form cabinet in ten days, Sadr
17th June, 2019
Muqtada al-Sadr, Shiite cleric and leader of the Sayirun Alliance, warned the Iraqi parliament that it has ten days to fill the cabinet posts, or he will take action, he announced in a letter posted to social media on Monday evening. This comes on the heels of Shiite heavyweights expressing their dissatisfaction with the lack of progress of Iraq’s Prime Minister Adel Abdul-Mahdi’s government.
Calling the deep rivalry and competition over the positions of Ministry of Interior, Ministry of Defense and Ministry of Justice “haram” (religiously forbidden) and oppressive to the people, Sadr, the winner of Iraq’s May election, announced his “final call” to the parties in a letter.
“Everyone has to rise above these disgraceful, worldly matters [competition over posts] for the sake of Iraq and its people,” Sadr said.
Months after Iraq’s government was formed, parties are no closer to filling the critical security positions of the Ministry of Interior and the Ministry of Justice. At the heart of the disagreement is Sadr’s Sayirun, and the pro-Iran Fatih alliance.
Sadr has demanded that the two critical posts be filled by technocrats to avoid party intervention in determining the positions. Fatih, on the other hand, has continued to monopolize the positions.
A third ministry, the Ministry of Justice, is empty due to disputes between the two major Kurdish parties Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK).
“I direct my speech to all the political blocs, that they authorize the Prime Minister to finish his ministerial cabinet in just ten days,” Sadr said, adding those chosen for the remaining ministries should be chosen based on “integrity, competency, and specialty”. “Otherwise I won’t back him,” Sadr said. He added that the remaining parliamentary committees need to be voted on. “Otherwise we will have a different stance, and you know about our stances,”Sadr warned.
Sadr, throughout 2016 all the way to 2017, led protests termed “million-man protests” in Iraq, championing reform and anti-corruption. His rhetoric is a strong warning to the rulers of Iraq. In the summer, with electricity outages and dissatisfaction with services, Iraqis have already made their way to the streets to demonstrate.
PM Abdul-Mahdi, who is an independent and lacks a block of his own, would lose a major patron if Sadr goes through with his threats to intervene in the parliament. Sadr’s dissatisfaction and warnings comes on the heels of the highest Shiite religious authority, Ayatollah Sistani’s, own open irritation with the current Iraqi government and demands for change. LINK
Samson: Nasiri issues his new book from the Office of the Governor of the Central Bank of Iraq
17th June, 2019
The economic and banking adviser to the Association of Iraqi Private Banks, Samir al-Nusairi, announced on Monday the issuance of his book entitled "Light in the End of the Tunnel: Economic, Banking and Banking Perspectives", when he presented the first version to HE Dr. Mohsen Al-Alaq, Governor of the Central Bank
The Governor blessed the publication of the book and the efforts of the author in following up the march of the Iraqi economy and analyze the reality of the bankingsector and provide visions and proposals to achieve the required reform
The book contains four chapters and 60 pages with 204 pages with an appendix of documents and tables. This is an analytical and documentary presentation of the positive and bright points in the process of economic and banking reform and theefforts exerted by the Central Bank and the banks during the years 2015-2019, which were manifested in achieving economic resilience during the economic and securityshocks. Suffered by Iraq because of the decline in oil prices globally and the war on terrorism on behalf of the world
The book dealt in a special chapter the role of the Central Bank and the Association of Iraqi private banks and banks in the development and community initiatives
It is noteworthy that the new book is the seventh book of the author and presented to him by the Governor of the Central Bank Ali Alalak and Professor Khalil al-Shamma LINK
Iobey777: NICE! And it even came out about 6 months "early" ..IMO..since it was talking about the achievements of the CBI in 2019! Things that make you go HMMM!! Good Job Alak and CBI!
David12001: Nasiri issues his new book from the Office of the Governor of the Central Bank of Iraq"
IMOO this sounds like putting it in print, or publishing a book before the rate. All, IMOO
Don961: The US economy is close to breaking the record for growth
Monday 17 June 2019
Capitals / agencies
The US economy continues to rise for a very long time, aiming to record the longest growth in its history. Despite a weak monthly payroll report for May, which showed a slower pace of recruitment, US employers added jobs for 104 months in a row.
By July, economic growth will go beyond what happened in the 1990s to become the longest period in US history of sustained growth.
But in contrast to the boom in the 1990s - which included the addition of jobs at a steady pace and low inflation rates in the stock market - the latter expansion was like a very long gradual creep.
The recovery was not equal, as it began at different times in different parts of the country, to support some people more than others.
At the moment, questions are growing about how close the United States is to the end of this business cycle and what might push it towards the end.
A CNN report highlights 10 years since the US economy was bottom.
The unemployment rate is one of the most visible signs of a return to the US economy. Unemployment, which hit 3.6 percent in May, is near its lowest level in almost 50 years.
At the same time, consumer confidence has reached high historical levels, and CNN polls show that 7 in 10 Americans believe the US economy is in good shape or better.
Part of the reason why the unemployment rate is so low is that employers have positions that are more accessible than they can get workers to fill these jobs.
There have been more jobs available than workers required for occupancy since early 2018, which means in theory that there is a job available to everyone, if they are in the right places and have the right qualifications.
However, this does not mean that everyone has jobs as they wish. Nevertheless, the broader measure of disguised unemployment, which monitors discouraged workers and those who wish to work longer hours, has been declining at a slow pace and has yet to reach its lowest level in history during 2000 .
The labor force participation rate, which measures the share of people who either have a job or are looking for a job, remains below the pre-recession level and 2 percentage points lower than at all in 1999.
The labor market also took a long time to translate into higher wages with average hourly earnings growth of over 3 percent in 2018, excluding the impact of inflation.
Many employers have added other benefits such as better health care as well as helping pay student loans.
But the total cost of compensation is still below the 3.5 percent annual growth rate recorded in the pre-recession period.
These gains have also been disproportionately inflated into people who change jobs, while workers who stay with one employer for long periods of time do not always receive regular increases.
Wages and slow recovery
Economists usually refer to a decline in the number of labor unions, slow productivity growth and shift to automation, which allows employers to replace workers if they are too expensive.
Economists argue, however, that the longer the unemployment rate remains at very low levels, the more likely it will be to increase the bargaining power and bargaining power of workers, especially those historically overlooked by employers, such as black people, disabled people and former detainees.
Market recovery and profiteering
Most US companies - or at least those who have survived the recession - did not need much time to regain their profitability.
As a percentage of GDP, after-tax profit was much higher than in previous decades, with the share of corporate income falling to workers.
The stock market began to recover almost immediately to record high, driven in part by easing monetary policy that supported asset values.
Despite instability in China and a combination of factors by the end of 2018, the S & P 500 is still more than four times its value since it hit its lowest level in February 2009.
Read Full Article Here: link