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Samson: Shammari: America will not be silent if its interests in Iraq are threatened
20th June, 2019
The head of the Political Thought Center Ihsan al-Shammari said on Thursday that the responsibility of the Iraqi government and the security forces to protect everyone working on Iraqi soil, indicating that America will not remain silent if the interests of the threat.
"The responsibility of the Iraqi government and the security forces is to protect the lives of those who help the Iraqi government, whether American or other nationalities," al-Shammari told Al-Akhbar.
"This is a top priority for the prime minister (Adel Abdul Mahdi) and therefore it is necessary to have in-depth and quick talks with the Iraqi factions under the control of the popular crowd in order to abide by what the government says and unify the discourse and orientation."
Al-Shammari pointed to "the presence of some statements that do not correspond to the interests of the state," noting that "it was confined at the present time and on the way to the interruption."
Al-Shammari said that "the Iraqi assurances to the United States of America must have a land for implementation because if the interests of America is directly affected will not be silent and will move and this is contrary to the policy of Iraq, which must be consistent position." LINK
Samson: Red Cross: The remains of Kuwaiti citizens lost in the Gulf War in Muthanna
20th June, 2019
The International Committee of the Red Cross (ICRC) said Thursday it had found remains of Kuwaiti citizens missing in the Gulf War in Muthanna province
"A recent discovery of the remains of a number of people in Muthanna / Samawa district, southern Iraq, who are thought to have been lost in the conflict, gives hope to give some answers," a joint statement from the Tripartite Commission said
The bodies, believed to belong to Kuwaiti civilians and prisoners of war, were found in two buried sites, thanks to joint efforts by Iraqi authorities, Kuwaiti authorities and ICRC experts,the statement added
He added that these remains were fully recovered and deposited with the Department of Forensic Medicine in Baghdad for the purpose of extracting the DNA map for subsequent matching with the DNA of the families of the missing persons. The analysis of the forensic evidence will reveal the approximate number of recovered rigs, Provide information about their nationality
"The discovery of these remains is the result of the hard work of the Kuwaiti, Iraqi and ICRC authorities in both Kuwait and Iraq, and for the intensive efforts that have been made both in collecting and analyzing information, in reaching new witnesses, Satellite images that will facilitate the work of the field teams on the ground, 'Mirdva:' It is hoped that identification of the owners of these remains to put an end to the suffering of the families and relatives of a number of those who lost in the war, and to answer questions about what happened to them
The Tripartite Commission and its Technical Subcommittee were established in 1991 and 1994, respectively, to assist in the evacuation of the fate of missing persons as a result of the 1990-1991 Gulf War. The ICRC is chaired by the ICRC and consists of representatives from Iraq, Kuwait, Saudi Arabia, the United States, the United Kingdom and the Republic of France. They were joined by the United Nations Assistance Mission for Iraq (UNAMI) in 2013 as observers. This mechanism also provides technical assistance, including forensic analysis, and analysis of satellite images
It is noteworthy that the last time the remains of Kuwaiti citizens were found under the mechanism was in 2005, while the last collection of remains for Iraqis was found in 2011. So far, the Tripartite Commission is still working to reveal the whereabouts of people who do not Have been missing in both countries since the 1990-1991 Gulf War LINK
Samson: Iraq and Kuwait are in the process of signing a joint oil agreement
20th June, 2019
Iraq and Kuwait are preparing to sign a joint oil agreement once a study on the development of the northern fields is completed.
"The Kuwaiti Oil Ministry signed a joint agreement with the Iraqi side after the Kuwait Oil Company completed the study of oil production in the joint fields north of Kuwait," Oil Minister and Minister of Electricity and Water Khalid Al-Fadhel said. "He held bilateral talks with the Iraqi side on special and bilateral issues in the oil and electricity sectors."
He stressed that "there are serious steps to link Iraq to the Gulf electricity network," pointing out "the importance of holding intensive meetings between the Kuwaiti and Iraqi sides in light of the distinguished relations between the two countries, which culminated in the visit of the Emir of Kuwait to Iraq." LINK
Photoman57: OK, Ok I get it Iraq. You have shown us that brand new jaguar but not the real price (RI).
She is a beautiful and proud one at that buuuuuut, you really need to cut loose that old dead camel (old rate).
Show us that new jaguar, just how wonderful she really is. Cut that baby loose and let er scream like a shot heard around the world.
She is on the starting line with the tires just a smoking, like a sleek hopped up dragster.
Punch that green light and let us see what she really has (RI).
Daverne: Keep on talking CBI and show us the rate this month
Stevep99: WOW!! With the exception of actually seeing the 2nd article...I.M.O... we are at the point in time that the command is made for the "launch" of a rate change! I.M.O. this is a shadow of the article that is about to be laid on the table in front of us!!
Samson: (Press release) Launch of electronic platform for financial transactions between banks operating in Iraq
20th June, 2019
Interbank Market The Central Bank launched the electronic platform for trading between banks operating in Iraq (FX, Money Market)
A platform that establishes an organized electronic financial market that opens and facilitates the way for foreign investment in Iraq .
The platform aims to increase cooperation between banks and increase their ability to diversify the financial services of their customers and attract the commercial and financial operations available in the market.
Within the framework of these measures, the Central Bank sponsored a technical workshop between one of the leading international companies in the areas of financial solutions and a number of banks operating in Iraq with the support of the Association of Iraqi private banks .
Central Bank of Iraq
20 June 2019
Clare: "A platform that establishes an organized electronic financial market that opens and facilitates the way for foreign investment in Iraq ".
VERY NICE CBI! NOT WITH A PROGRAM RATE.... PLEASE, TELL US MORE....... WITH A NEW MECHANISM CBI RIGHT? LOL LOOKS TO ME LIKE THEY WILL BE SHOWING US A NEW RATE VERY, VERY SOON.....IMO
"Interbank Market The Central Bank launched the electronic platform for trading between banks operating in Iraq (FX, Money Market)"
Foreign Exchange (forex or FX) is the trading of one currency for another.
The forex market is the largest, most liquid market in the world, with trillions of dollars changing hands 24 hours every day. --Investopedia
"THE EVIDENCE THAT THE CBI IS SHOWING YOU RIGHT NOW IS NOT TO BE IGNORED" - WS
"IT'S INEVITABLE"- WS
JJonesmx: For the ones that don't know...... This (the above article) IS a ..........H U G E ........ DEAL IMO....
THANK NEWS HOUNDS
*JJ* SNIP.... DEFINITION OF....
Foreign exchange market (FX)
"Forex" redirects here. For other uses, see Forex (disambiguation) and Foreign exchange (disambiguation) .
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines the foreign exchange rate. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the Credit market.
The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. Since currencies are always traded in pairs, the foreign exchange market does not set a currency's absolute value but rather determines its relative value by setting the market price of one currency if paid for with another. Ex: US$1 is worth X CAD, or CHF, or JPY, etc.
The foreign exchange market works through financial institutions and operates on several levels. Behind the scenes, banks turn to a smaller number of financial firms known as "dealers", who are involved in large quantities of foreign exchange trading. Most foreign exchange dealers are banks, so this behind-the-scenes market is sometimes called the "interbank market" (although a few insurance companies and other kinds of financial firms are involved). Trades between foreign exchange dealers can be very large, involving hundreds of millions of dollars. Because of the sovereignty issue when involving two currencies, Forex has little (if any) supervisory entity regulating its actions.
The foreign exchange market assists international trade and investments by enabling currency conversion. For example, it permits a business in the United States to import goods from European Unionmember states, especially Eurozone members, and pay Euros, even though its income is in United States dollars. It also supports direct speculation and evaluation relative to the value of currencies and the carry trade speculation, based on the differential interest rate between two currencies.
In a typical foreign exchange transaction, a party purchases some quantity of one currency by paying with some quantity of another currency.
The modern foreign exchange market began forming during the 1970s. This followed three decades of government restrictions on foreign exchange transactions under the Bretton Woods system of monetary management, which set out the rules for commercial and financial relations among the world's major industrial states after World War II. Countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed per the Bretton Woods system.
KTFA Members "News and Views" Thursday 6-20-19
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Time will tell
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