CBI News 11/28/2018

[mr.unlikely]

23 hours ago, 10 YEARS LATER said:

 

For clarity of mind and cutting through foggy brain syndrome, I find that a couple of tablespoons ( don’t want to overdo it ) of coffee with my Mug O’ Scotch first thing in the morning really kick starts my day 

😄

10 you might want to back off the coffee by a tablespoon. If you get too much blood in your alcohol system, you’ll never get up from the breakfast table.

personally I prefer Blantons to most other single barrel aged bourbon. You can’t beat the taste or the price. Never been much of a scotch man, although 18 year old Glenlivet doesn’t suck.

[King Bean]

I suspect this CBI 'directive' is mere lip service to appease DJT and the UST. Iraq wants and needs USD and at the same time does not want to jeopardize Iran trade. What's to keep some sleazy politician from cashing out in USD, flying to Turkey then to Tehran? Stop the auctions, put in actions to replace them, force Iraq to deal in their own currency. Sooner or later the CBI and GOI will be pressed into making a decision. We know they're too inept and corrupt to do it of their own free will. 

                                                                                                                                      

[10 YEARS LATER]

1 hour ago, mr.unlikely said:

Hey 10, a cavity search? Does their a$$ look like a piggy bank to you? Lol

 

You would be surprised 😮 to know what folks hide in there. 😂

[10 YEARS LATER]

1 hour ago, mr.unlikely said:

10 you might want to back off the coffee by a tablespoon. If you get too much blood in your alcohol system, you’ll never get up from the breakfast table.

personally I prefer Blantons to most other single barrel aged bourbon. You can’t beat the taste or the price. Never been much of a scotch man, although 18 year old Glenlivet doesn’t suck.

 

Coffee, Scotch & Breakfast 🍳 can be difficult to negotiate at times. Never could get the taste on Bourbon-perhaps I just haven’t found the right one. I’ll give Blantons a try. 

[mr.unlikely]

29 minutes ago, 10 YEARS LATER said:

 

Coffee, Scotch & Breakfast 🍳 can be difficult to negotiate at times. Never could get the taste on Bourbon-perhaps I just haven’t found the right one. I’ll give Blantons a try. 

Let me know what you think. It’s small batch so you might have to look around for it but at 93 proof it’s extremely drinkable. Taken neat and chase it with a modello and you’ll get some vanilla and caramel overtones. Way more effective than ice cream. 

[Butifldrm]

 

2018/11/29 18:07

• Number of readings 35
• Section: Iraq
•  

Iraq and Iran exchange US dollar for trade

 

The Central Bank of Iraq announced on Thursday, November 29, 2018, the start of the replacement of Iraq to the US dollar in other currencies in its trade with Iran, noting that the move came after the President of the Chamber of Commerce of Iran to cancel the dollar in trade with Iraq.

The Central Bank of Iraq, in a document obtained by the "obsolete", banks and Iraqi exchange companies to take this into account and replace the dollar in other currencies with passengers to Iran.

The decision of the Central Bank of Iraq after the US sanctions imposed on Tehran.

The Prime Minister, Adel Abdul Mahdi, has recently announced that Iraq is not part of the sanctions regime on Iran, and will take a position similar to the position of Europe, Russia and China.

Follow the obelisk

http://almasalah.com/ar/news/157109/العراق-وإيران-يستبدلان-الدولار-الأمريكي-في-المبادلات-التجارية

[10 YEARS LATER]

1 hour ago, mr.unlikely said:

Let me know what you think. It’s small batch so you might have to look around for it but at 93 proof it’s extremely drinkable. Taken neat and chase it with a modello and you’ll get some vanilla and caramel overtones. Way more effective than ice cream. 

 

Roger Dodger ..... sounds most “ tasteable “

[SocalDinar]

Iran bank rejects US claims of illegal money transfer to Iraq

Thu Nov 29, 2018 05:00PM [Updated: Thu Nov 29, 2018 05:27PM ]

1. Home
2. Iran
3. Economy

An undated photo of a branch of Bank Melli Iran in the German city of Hamburg

The Bank Melli Iran (BMI) has dismissed a claim by US Treasury's Office of Foreign Assets Control (OFAC) that it has been funneling "billions of dollars" to its Iraqi branch in order to fund militias. 

In a statement, Bank Melli said the OFAC 's claim about transferring money for Iraqi militias, which was cited by anti-Iran media outlets a few days ago, is "far from reality and unaccounted for."

Earlier this month, the OFAC sanctioned more than 700 individuals, entities, aircraft, and vessels as part of the US administration's re-imposition of anti-Iran sanctions that had been lifted under the 2015 nuclear agreement.

In its press release, the OFAC said it sanctions Bank Melli for "assisting in, sponsoring, or providing financial, material, or technological support for, or financial or other services to or in support of" the IRGC's Quds Force.

"As of 2018, the equivalent of billions of dollars in funds have flowed through IRGC-QF controlled accounts at Bank Melli," the OFAC claimed.

PressTV-US reimposes ‘toughest’ oil, economic sanctions on Iran

The US announces the reimposition of new and strengthened sanctions against Iran in an attempt "to force Tehran to change its behavior to Washington’s liking."

The Iranian bank, however, says the whole money transferred to and withdrawn from its branch in Iraq is far less than the amount claimed by the US Treasury.

"All the activities of the branch are according to the regulations of the Iraqi Central Bank," the bank's statement said.

The Bank Melli branches in regional countries and other parts of the world are operating in accordance with the international trade regulations and the rules of the host countries, the statement noted.

"The activities of these branches ... have been monitored by the central banks in these countries during the past seven decades," the statement said.

The Bank Melli Iran's branch in Iraq was established in 2007 in a professional move and as part of the bank's branch expansion policies, it added.

The branch was established in Iraq in a bid to offer conventional banking services according to legal procedures of the Arab country, the Bank Melli said in the statement. It added that so far, according to the audits of the host country, the bank's performance has been assessed as accurate and well-documented.

"Therefore, the OFAC 's false claim about transferring money for Iraqi militias ... ignores the consistent cultural, historical, social and economic relations between the two countries, and the fact that the huge number of pilgrims commuting between the two states need to use banking services," the statement said.

In its press release, the OFAC claimed the IRGC's Quds Force "has used Bank Melli to dispense funds to Iraqi Shia militant groups, and Bank Melli’s presence in Iraq was part of this scheme."

"Bank Melli has enabled the IRGC and its affiliates to move funds inside and outside of Iran," it added.

Bank Melli Iran is the first national and commercial retail bank of Iran. It is considered as the largest Iranian company in terms of annual income. It is the largest bank in the Islamic world and in the Middle East.

By the end of 2016, BMI had a net asset of $76.6 billion and a vast network of 3,328 banking branches; so it is known as the largest Iranian bank based on the amount of assets.

The Bank Melli has 3,328 active branches inside Iran and 14 active branches and four sub-stations abroad. The first foreign branch of BMI was opened in Hamburg, Germany in 1948.

A recent report by Germany’s business newspaper Handelsblatt claimed that Germany's part state-owned telecom provider Deutsche Telekom had cut off Bank Melli's Hamburg office.

However, Bank Melli announced in a statement that all of its overseas branches remained connected to phone and internet services.  

PressTV-Iran’s Bank Melli says German branch ‘not disconnected’  

Iran’s largest commercial lender, Bank Melli, has rejected reports that its branch in Germany’s Hamburg has become disconnected from phone and internet services as a result of US sanctions.

 

https://www.presstv.com/Detail/2018/11/29/581505/Bank-Melli-Iran-sanctions-OFAC-IRGC-Iraq

[SocalDinar]

At Tehran’s request, Iraqi banks will not sell US dollars to travelers to Iran

Ali Larijani, speaker of the Iranian Parliament, is seen at the office of an Iran-Iraq border crossing. (Photo: BNE)

 

Iran Iraq US Sanctions USD United States 

A+AA-

ERBIL (Kurdistan 24) – The Central Bank of Iraq has ordered banks and foreign exchange companies across the country not to sell the US dollar to those wishing to travel to Iran.

The decision comes in response to a formal request from the Iranian Chamber of Commerce, which called for the abolition of the dollar in trade between the two countries.

The Iraqi Central Bank calls on all those wishing to travel to Iran to deal in a currency other than the USD.

Kurdistan 24 obtained a document the Iraqi Central Bank had issued which asks all banks to comply with Tehran’s request regarding the use of the US dollar.

On Nov. 5, the United States began implementing its second package of economic sanctions on Iran, expanding them to affect the country’s energy, finance, and shipping sector.

Although former Iraqi Prime Minister Haidar al-Abadi had declared his country’s commitment to US sanctions against Iran, especially in respect to transactions made using the US dollar, his successor Adel Abdul-Mahdi later said that Baghdad would not be part of the sanctions row and would instead “protect its national interest.”

In September, Chairman of the Iran-Iraq Chamber of Commerce Yahya Ale-Eshagh announced the abolition of the dollar in trade between Baghdad and Tehran, noting that the euro, Iranian rial, and the Iraqi dinar would replace it.

“Exchanges in commodities between Iranian exporters and Iraqi traders will continue in a consensual manner,” Iran’s Mehr News agency quoted Ale-Eshagh as saying.

According to the Iranian official, just a small portion of the eight billion dollars’ worth of trade between Tehran and Baghdad is done through banks.

Meanwhile, in a recent meeting with his Iraqi counterpart Barham Salih, Iran’s President Hassan Rouhani said his country could boost trade with Iraq from $12 billion to $20 billion.

http://www.kurdistan24.net/en/news/e091f88b-1d35-4433-bde6-cb09251f5fe4

[6ly410]

13 hours ago, Butifldrm said:

He called on the Iraqi Central to direct passengers to Iran to replace the US dollar in another currency

this is getting good.. go IQD 

[jg1]

6 hours ago, SocalDinar said:

The US announces the reimposition of new and strengthened sanctions against Iran in an attempt "to force Tehran to change its behavior to Washington’s liking."

Oh yeah they left out the part about the nukes the threats to blow everyone up and stuff like that. That part should have been a very important part especially if you're in one of the countries they are threatening. Duh

[yota691]

Iraq bans selling USD to its citizens traveling to Iran

30 November 2018 09:37 (UTC+04:00)

•  

 

Tehran, Iran, Nov.30

Trend:

In a move to remove the US dollar from bilateral exchanges between Iran and Iraq, the Central Bank of Iraq banned the sale of the dollar to Iraqis, who travel to Iran, Tasnim News Agency reported.

The Central Bank of Iraq on November 28 sent out a memo to all Iraqi banks and said that all operating banks are obliged to refuse to sell US dollars to travelers intending to travel to the Islamic Republic of Iran.

 

According to the statement, the Iraqi banks are allowed to sell all other currencies, except for the US dollar.

Iraq and Iran have previously said that the countries would use euro and Iraqi dinar for bilateral trade to avoid secondary sanctions from the US hitting Baghdad.

The document referred to an announcement of the president of the Iranian Chamber of Commerce on the cancellation of the use of the US dollar in trade with Iraq.

[navira]

Bump

[6ly410]

bump

[davis411]

Trump 

[unirod]

US officials are giving mere lip service. The billions of USD transactions help to support the velocity and therefore the value of our USD. Why would anyone want to slow the velocity down? support of Terrorists? Really?

IMO 

[jmartin1145]

On ‎11‎/‎29‎/‎2018 at 12:11 PM, 10 YEARS LATER said:

 

Coffee, Scotch & Breakfast 🍳 can be difficult to negotiate at times. Never could get the taste on Bourbon-perhaps I just haven’t found the right one. I’ll give Blantons a try. 

Makers Mark my friend.