Iraq-US Banking Summit Breakthrough.

[Luigi1]

Luigi found this bit of news going viral on the web...

Could this be the good news before they push the button?

This is a long read but is full of the information we been waiting to hear.

Not varified. Your opine.

 

 

13/11/2017   Baghdad / Hussein Thogb...
a new stage adopted by Iraqi banks with direct openness to the American banking sector through the examination of mechanisms of cooperation and access to mutually beneficial understandings and contribute effectively to the economic development process that Iraq is waiting for.
The advanced banks dealing with banking affairs Ali al-Zaidi described meetings with US banks in the task, which included clarification of the reality of the work of Iraqi banks and the environment and mechanisms to catch up with sophisticated banks around the world. 
"The meetings with the American side were twofold, the first in New York and the most important ways of drying up the sources of terrorist financing, then the other part in Washington. We had a meeting with the representatives of the largest US bank Citi Bank and we focused on the challenges that prevent direct cooperation between US banks And Iraq away from any mediator. "

: "Iraq has Extraordinary progress
The representative of the US Treasury in his embassy in Baghdad, John Sullivan, had talked about international support to combat money laundering and financing of terrorism in Iraq and saidachieved during the past years extraordinary progress in the financial sector, and in turn we support Iraq in this direction, which achieves development," calling "The disclosure of the achievements achieved through advertising in various media as the international community follows the reality of money in Iraq and has a desire to know more achievements that are achieved here."

Direct cooperation
Al-Zaidi said: "The dialogue was frank and transparent to the maximum extent and requested that the cooperation be direct without the intermediary ring represented by the banks (Turkish - UAE) and then the American banks," noting that "the mechanisms of foreign transfer go through US banks, and Iraqi banks operating systems Global banking and there are a large number of banks and if there were mistakes in a bank, it does not mean that the banking sector suffers a defect.

Direct Accounts
Zaidi said that "the committees consist of the American side visit Iraqi banks and that the Iraqi banks are granted direct accounts without an intermediary and look at the results and then will see the US banks the reality of the work of the Iraqi financial sector," noting that "the Iraqi financial sector has gone a long way during the last period and managed to develop Mechanisms of action and overcome the mistakes that were in the course of his work. " He pointed out that "American banks are interested in restructuring government banks and there should be an effective role for private banks in the process of economic development, and attention should be paid to young blood and advanced technologies and overcome the mistakes experienced by the financial sector in the past."

External effect
Al-Zaidi stressed that during the meetings was explained the privacy of the work of the Iraqi banking sector and that he works independently without any external impact of international or regional may be prepared by US banks a challenge to cooperate with Iraqi banks, pointing to the possibility of dealing with Iraqi banks that have advanced technology and banking systems approved globally. That "the mistakes of the past was a reason to evaluate the work of banks and promote their performance and products to suit the reality of the Iraqi economy, which awaits a promising future ."

An international auditor, said that during the meeting was the subject of a global auditor to be brought to the Iraqi banks, which bear all costs to perform the task of checking and see the progress of work and come out with results to stand in the reality of the banking sector and mechanisms of work   LINK

[climber7]

If this isn't rumor--why isn't this posted in regular news section? 

[Luigi1]

1 minute ago, climber7 said:

If this isn't rumor--why isn't this posted in regular news section? 

 

 

It hasn't been fully verified. Until verified...it's a rumor.

[Luigi1]

here's another comment related to the above...

 

 

 

12 Nov 2017  rumors from around the web....
Jay:  JLB... WOWOWOWOW... GREAT FIND. Family you should read this a few times. It talks about the NY and D.C. meetings that happened already. Also talks about what is holding them back. Which is???? Ch 7 & 8. Also talks about the international auditor. TAGG. Family the meer fact that this was even posted is IMO UUUUUUUUUUUUUUUUUUUUUUUUUUUUUGE!!!!!!!!!!!!!!!.
 
They may have just come out and said. """ HEY LOOK Y'ALL. WE WILL BE INTERNATIONAL VERY SOON""". Now couple that with the fact that these N.Y/D.C meetings were what, Spetember??? IIRC..???

So imagine how old this article prolly is. WOWOWOWOWOWZERS. DONE & BOOOOOOOOOM!!!!!!!!!!! ALL IMO. We just wait for the rate to show on the CBI. Again. MAAAAADDDDDD props JLB. GREAT JOB.

 

[Luigi1]

Luigi Update...

Just checked WSJ,  Forbes & CNN Business News.

No mention at all of the above article anywhere in any financial sections.

I still can't varify  if the article is real or rumor.

[climber7]

7 hours ago, Luigi1 said:

 

 

It hasn't been fully verified. Until verified...it's a rumor.

 

 

 

 

[pokerplayer]

37 minutes ago, climber7 said:

 

 

 

 

 

???

[mylilpony]

I've been in this for many years and this site is legit in my opinion....for what it's worth

[SnowGlobe7]

[SnowGlobe7]

17 minutes ago, mylilpony said:

I've been in this for many years and this site is legit in my opinion....for what it's worth

[yota691]

22 hours ago, climber7 said:

If this isn't rumor--why isn't this posted in regular news section? 

It is posted 11/13/2017...DV Link Study the mechanisms of cooperation of Iraqi-US banks

[sandfly]

thanks yota

[climber7]

22 minutes ago, yota691 said:

It is posted 11/13/2017...DV Link Study the mechanisms of cooperation of Iraqi-US banks

 

 

Thanks Yota-toe chip! 🤣

[Luigi1]

here's another article related to the above...

 

 

 

11-14-2017   Guest Newshound xxxx...

Finalising Basel III reforms:  Press release:   "The Group of Central Bank Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision, welcomes the progress made towards completing the Basel Committee’s post-crisis regulatory reforms."  “The Committee will keep working to finalise its reforms aimed at fixing shortcomings highlighted by the financial crisis to make banks safer and more resilient,”   Upcoming meetings:  12-13 December 2017 (Basel, Switzerland)