Go Iraq

[DinarThug]

58 minutes ago, 6ly410 said:

 

 

The Iraqi Dinar Must Be Under A Gag Order !  

 

 

     

[6ly410]

 

[6ly410]

 

[6ly410]

bro i am so pumped the news are just awesome  lets go

[6ly410]

Iraq is seriously on the verge of a economic breakthrough very exciting indeed.....cheers

[6ly410]

 

[6ly410]

https://twitter.com/

IraqiGovt/status/1115686394238767104

[6ly410]

 

[navira]

Cheers bro

[wealthhound]

3 minutes ago, chris2028 said:

Yes i like to watch his channel. He simply gets the news and reads it. Doesn't forecast dates or rates and keeps it simple. 

Ok , I've never heard of him!WH

[chris2028]

1 minute ago, Botzwana said:

That is Currency365....HE was up on dinar till 2017 then stated he was not going to speak about it again.  He stopped for around a year and now has returned.  He thinks Beny has viable info….Um, Beny believes in space aliens by the way….

LOL. Yea I don't listen to any of the videos when that guy Beny is on there. Seems the Beny guy makes a lot of predictions

[DinarThug]

1 hour ago, Botzwana said:

He thinks Beny has viable info….Um, Beny believes in space aliens by the way….

 

We Have Presidential Candidates Who Think That The World Is Going To End In 12 Years - If Beny Decides To Run He Would Be Considered Center Right !  

 

 

     

[6ly410]

 

[6ly410]

 

[ChuckFinley]

Money Talks if you want It All Night Long.  

[navira]

Alsumaria News / Baghdad demanded the Iraqi Central Bank , on Friday, all banks comply with the decision taken on dealing with banknotes and perforated burning of the Iraqi dinar.  The bank said in a statement received by Alsumaria News, a copy of it, that "all banks to confiscate the damaged banknotes perforated discovered within the deposits of customers of the bank and delivered to the Central Bank of Iraq with knowledge of its source from the customer and otherwise the bank bears the legal responsibility resulting from it."  The bank added that "banks also provide damaged banknotes as a result of burning or burial to the Central Bank and its branches exclusively directly from citizens." The central bank sells more than 153 million dollars Central sells more than 176 million dollars The current Iraqi currency consists of seven categories, including 250 dinars, 500 dinars, 1,000 dinars, 5,000 dinars, 10,000 dinars, 25,000 dinars and 50,000 dinars. The coins were withdrawn by the bank for non-circulation by the public.     Central Bank of Iraq

[6ly410]

 

[6ly410]

therewill be a national will by all political blocs to pass the law of oil and gas as the adoption will ensure that the provinces are not required to form regions."

[6ly410]

Allawi on Friday called on the political powers to hold an urgent national meeting with the aim of organizing efforts to make reforms in the political process.

[6ly410]

The current circumstances and challenges surrounding Iraq and the region require urgent action to arrange the domestic affairs, get rid of the negative aspects of the current phase, and assume the historic responsibility in building a united Iraq," Allawi stated.

[6ly410]

The weak points of the global financial system threaten great shocks

Reports | 06:53 - 14/04/2019

 

https://www.mawazin.net/Details.aspx?jimare=42622

 

Continue - Mawazine News 
The corporate debt ratio to US gross domestic product is at record highs. 
In many European countries, banks are burdened with government bonds. In China, banks' ability to profit falls and capital levels remain low for small and medium-sized lenders. 
Such gaps are seen as rising across developed economies and emerging markets, according to the latest version of the International Monetary Fund's Global Financial Stability Report. 
Although not all vulnerabilities ring alarm bells, but if these loopholes continue to accumulate, especially in the context of financial conditions that remain concessional, it could increase shocks to the global economy, increasing the likelihood of a sharp downward trend of the economy in the next few years.
This could pose a dilemma for policymakers looking to face slowing global economic growth. 
By following the path of monetary policy patience, central banks can absorb the growing downside risks to the economy. 
But if financial conditions remain easy for a long time, weaknesses will continue to accumulate and the prospects for a sharp slowdown in economic growth at a later stage are higher. 
The good news is that the risks to global financial stability in the short term are still low by historical standards, although slightly higher than those mentioned in the Global Financial Stability Report of October 2018. 
In the medium term, however, the risks remain high, but with The right mix of policies States can maintain economic growth while keeping the gaps under review.
But why worry about financial vulnerabilities? As they can inflate the impact of sudden shocks such as a more severe economic slowdown than expected, a sudden shift in monetary policy or an escalation of trade tensions. 
Higher vulnerabilities may lead to greater risk of financial stability. 
The recent Global Financial Stability Report provides a way to identify weaknesses in the financial system so that policymakers can monitor those gaps in a timely manner and take preventive steps when necessary to mitigate risks. 
This structure includes six sectors: companies, households, governments, banks, insurance companies and other financial institutions (some are called shadow banks). 
The structure follows both the level and pace of change along a variety of weaknesses, including leverage and mismatches between asset and liability maturities, liquidity of assets and liabilities, and exposure to currency fluctuations.
These vulnerabilities are monitored at the regional and global levels across 29 important countries. 

The following are some of the more serious weaknesses: 
developed economies: corporate debt increases and risk appetite, and creditworthiness of borrowers has deteriorated. 
The volume of BBB bonds has increased four-fold, and the volume of non-investment-grade "junk" debt in the United States and the eurozone has almost doubled since the crisis. 
A sharp tightening of financial conditions or a severe downward economic trend may make it difficult for debt-laden companies to repay their loans and may force them to reduce investment or employment. 
The so-called leverage loans for heavily indebted borrowers are a particular source of concern.
Eurozone: Financial challenges in some countries could push bond yields to rise sharply, which could cause significant losses for banks with large holdings of government debt, and insurance companies could also face losses. 
This dynamic, known as the sovereign financial sector association, was at the core of the Eurozone crisis in 2011. 
However, banks have higher capital rates today, and policymakers have taken steps to tackle bad loans in bank budgets. 
China: The decline in profits and low capital levels of small and medium-sized banks restrict credit to smaller private sector firms. 
More monetary and credit support is likely to increase the risk of financial stability as continued credit growth makes it harder for smaller banks to address their balance sheet deficits.
Emerging Markets: Foreign portfolio investments in emerging markets are increasingly being managed by managers seeking to achieve similar returns to well-known indices. 
The value of fixed-income investments, which follow key indicators, has increased by nearly fourfold in the last ten years to $ 800 billion. 
While index-driven funds are expanding the volume of investments in emerging market economies, they make them more vulnerable to sudden reversals of capital flows in response to global trends. 

Fortunately, there are ways to address such gaps. 
First, so-called macro-prudential tools can slow down credit growth and make the financial system more flexible. 
Example: Capital protection factors, which require banks to increase capital when credit is growing.
Second: Countries with high corporate debt can develop tools to reduce the credit risk of companies and especially the credit provided by non-bank lenders. 
Third: In the eurozone, debt-to-GDP reduction among heavily indebted governments is a priority to reduce risk. 
As well as the reform of banks' balance sheets, including through the reduction of non-performing loans. 
Fourth: China needs to continue to reduce financial leverage in the financial sector, especially in the shadow of banking, in addition to ensuring that lenders provide capital protectors. 
The authorities must also undertake notable reforms to address risks in investment assets.
Fifth: Emerging market economies facing volatile capital flows can reduce reliance on short-term foreign debt and strengthen adequate foreign exchange reserves and financial protection. 
States can also use flexible exchange rates to absorb shocks. 
In some circumstances, countries with strong economies and inflation at or above the target could also consider using monetary policy to "walk against the tide". 
With the right mix of policies, countries can keep their economies strong while reducing risks to financial stability

[6ly410]

The Central Bank of Iran reinforces the use of the UAE currency

Political | 07:20 - 14/04/2019

 

https://www.mawazin.net/Details.aspx?jimare=42629

 

Translation - balances News  
announced the Central Bank of Iran, re - activate the use of the UAE currency and its channels in the Iranian financial transactions. 
"The central bank has re-activated the rest of the UAE's currency channels," the Fars news agency said in a report published by Mawazin News. "To help diversify the country's hard currency resources." 
"The move comes after careful study and examination by the administration of the Central Bank of Iran" end of 29 / m.

[navira]

They can absorb shock on sudden change in the market by rving n letting the market dictates its exchange rate

[6ly410]

yup

Edited April 14, 2019 by 6ly410

[6ly410]

Crises are growing in the sky of the global economy .. "The event of the week"

Reports | 08:05 - 14/04/2019

 

https://www.mawazin.net/Details.aspx?jimare=42638

 

Mawazine News - 
For the third time in six months, the International Monetary Fund (IMF) announced a cut in global economic growth forecasts to be the most important event in world markets last week. 
The IMF's warnings come amidst a sudden shift in monetary policy and coincide with continued uncertainty about trade frictions and political uncertainties in a number of countries. 
Global GDP is expected to grow by 3.3% this year, down from the previous estimate of 3.5% and 0.4% below October's expectations. 
The advanced economies are leading the global slowdown. The IMF has revised its growth estimates down by 0.2% from the previous report and is expected to expand by 1.8% in 2019.
Germany and Italy are at the forefront of countries that are expected to perform poorly this year with developed economies. However, the situation was not better in the UK, which is still subject to doubts about the BRICEST file. 
Both Britain and Brussels agreed to postpone the deadline for completion until late October, in order to allow the UK to avoid the difficult brix by securing a deal backed by Parliament. 
In another sign of expected weakness within the euro zone, economic adviser Mohamed El-Erian says Europe will be "lucky" if it can record a 1% growth this year, taking into account the notable difficulties. 
According to official data, Germany's exports fell in February at the highest pace in a year to exceed analysts' expectations, and industrial production of the eurozone fell by the same period.
The Group of 20 industrialized countries supports measures to counter a possible economic slowdown and combat growing risks against uncertainty over issues such as trade disputes. 
Although expectations were down, a IMF official was optimistic about a recovery in the euro-zone economy in the coming months, noting that temporary factors were already falling. 
European Central Bank President Mario Draghi warned of the risks surrounding the euro-zone economy, pointing out that it is still leaning towards a downward trend. 
Draghi sees this trend due to continuing uncertainties related to geopolitical factors as well as the threat of protectionism and vulnerabilities in emerging markets.
At the same time, estimates of US economic growth have been negatively reviewed this year, in line with the comments of the former Reserve Bank President, who expects a sharp decline in US economic performance over the long term. 
These negative expectations are due to economic weakness throughout the world and specifically from Europe, as well as to the growing burden of US government programs, according to Alan Greenspan. 
On the other hand, another team expects the US economy to continue to grow for several years to come and proponents of the same idea reduced the likelihood of a US recession to 10 percent.
While the situation was less favorable in emerging markets, growth forecasts for emerging economies and emerging markets were reduced this year by 0.1% to 4.4%.
However, Brazil and Mexico remain the most vulnerable regions, with growth forecasts down by 0.4% and 0.5%, respectively. 
All the above means that the global economy is currently facing a so-called "critical moment" due to weak economic expansion caused by the escalation of trade tensions and tightening of credit conditions of China and the financial policy conditions of developed economies as well as macroeconomic pressure in Argentina and Turkey. 
The rising debt of global companies is another source of concern for the Fund in the event of an economic shock and warns of public debt levels of the world's governments. 
Along with the ongoing negotiations between the two largest economies around the world (the United States and China) in an effort to get rid of trade tensions between them, another controversy between Brussels and Washington has become clear in recent days.
The United States has threatened to impose customs tariffs on European goods on a $ 11 billion bill against Brussels' support for Airbus, which is likely to be met by the European Union targeting US products of roughly the same value. 
As the public debt continues to rise, the IMF's IMF report provides a template for countries to prepare for the next crisis, including shifting spending and improving fiscal policies. 
Despite growing concern about economic conditions, oil managed to gain weekly gains for the sixth time in a row amid concerns over supply shortages as well as the OPEC report, US oil production and US crude drilling platform