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6pm May 2nd, 2016

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Table of Contents
Post From  Chat Room
Wealthwatch Chat Room News & Comments  5-2-16 
chattels: By Rudaw 8 minutes ago - Iraqi Prime Minister Haidar al-Abadi ended a meeting Sunday afternoon with President Fuad Masum and the parliament speaker, presumably to discuss the crisis, but there were no immediate reports about what they had discussed or decided.
chattels: Mismanagement Is Killing Iraq
chattels: Excellent article, especially for those that think the IMF and World Bank loans with conditions are some magic bullet for private investment and financial salvation in Iraq.


Lexi:  Are we thinking they have missed their good window?  Thursday to today?  Are we looking at next month? Thanks and hoping tonight's cc will shed some light

Islandg1211:  Frank's video could be indicating that some baddies could be heading to jail/the hanging rope - Maliki? Baghdadi? 

He also posted there's a roll out of the Monetary Reform East to West. 

His team reported that the BIS approved Iraq's  (maybe a couple of other countries?) RV on April 28.

The three Musketeers have been educating us all on the global changes taken place including currency swaps, gold market opening in China and valued in Yuan, oil prices depegging from Petro dollars (Russia, China, Vietnam, Iran, maybe Saudi Arabia)

Abadi and Sadr "coordinated" the protest on Saturday. Abadi got his State of Emergency declared, and had his meeting with the three presidencies which gave him the mandate to take control.

With a created chaos, citizens crying out for change, a solution for Abadi to take sole control will be viewed as the answer. 

Post From BondLadys Corner
BLC Admin Tlm724 News & Comments  5-2-16  Part 2 of 2

Figure 2. multilateral filter between money transfer companies
It's easy to see how this way if we take into account the impact on each money transfer company separately:
1. The company is no longer (a) condemns the amount of $ 25 for the company (Q) is no longer worth the amount of the company's $ 25 (b).

Post From BondLadys Corner
BLC Admin Tlm724 News & Comments  5-2-16  Part 1 of 2
Within the Iraqi Financial Economics: Banking Business with the overall provision in light of the critical dystopia
Date: 05/02/2016    D.mark de Weaver
What the Iraqi reports of the Institute for Regional and International Studies ( IIR )?

Iraqi provide reports of the Institute for Regional and International Studies (IIR) analysis on the ground of the most pressing issues in Iraq. It aims to supplement and expert research and analysis Court on Iraq policy decision

These reports unique to being manufactured in Iraq, based on field work in the country as well as open Iraqi reports of the Institute for Regional and International Studies, is the brainchild of both "Ahmed Ali" and "Christine Van Den Torn" and both have years of experience in research and writing about Iraq and the Kurdistan region in Iraq.
As is the case in many economies that are in the case of an existing conflict or post Banking and finance is not available to everyone with the exception of


Emailed to Recaps:

DR. CLARKE: It's been decided to significantly raise the value of the Vietnamese Dong, over the next 10 days........Greater - Later.

FYI, the protesters in Iraq, were purposely allowed into parliament...

Dr. Clarke

Part 2:

Mountainman:  As this Monetary Change Moves Closer for Everyone.....Countries like RUSSIA ARE WILLING TO MAKE HUGE STRIDES.....Where as In the Past Deals and Trade Agreements would take Months and Years Depending on the Details being Put together.....

Here Again In the New Reality Countries will Use each others CURRENCIES to Help make TRANSACTIONS Easier and More Valuable....Especially as they become (ASSET BACKED) and the FIAT Side says Bye BYE.......IMO

Blessings,Mountainman   (8)=New Beginnings.....In CURRENCIES......

Thunderhawk:  Tehran expects Iran, Russia banks to start cooperation soon

Tehran expects that major financial institutions of Russia and Iran will soon start cooperating, said Iran's Ambassador to Russia Mehdi Sanaei.




Mountainman:  TWO WORDS....... MAY DAY........Hmmm


(8)=New Beginnings........for the EAST to find it's WAY WEST........IMO

 The below posts were in our 10am newsletter

millionday: China has replaced all business tax with value-added tax (VAT) after extending the policy to cover the construction, real estate, finance and consumer services sectors on Sunday. They were the last four sectors still taxed based on their revenue.
millionday: VAT refers to a tax levied on the difference between a commodity's price before taxes and its production cost. Revenue tax refers to a levy on a business's gross revenues. The expansion of the VAT scheme is expected to 


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94 Minutes

BLC Admin Tlm724 News & Comments  5-1-16  Part 2 of 2

Post From BondLadys Corner 

BLC Admin Tlm724 News & Comments  5-1-16  Part 2 of 2 

Source: A large number of officials leaving the capital through the Baghdad airport 
Author: HH Editor: the AT, HH 30.4.2016 17:56        Long-Presse / Baghdad
According to the source, at Baghdad International Airport on Saturday that dozens of officials, have left the country over the Baghdad International Airport, hours after the storming of the supporters of the Sadrist movement Green Zone in central Baghdad.
The source said, in an interview with (long-Presse), "The Baghdad International Airport has seen since the third hour of the afternoon, leaving a large number of officials in the Iraqi state, accompanied by their families, the country, through the Baghdad airport."
The source, who requested anonymity, that "the officials began arriving at the airport and assembly within Nineveh hall to go through them out of Iraq, just hours after the storming of the supporters of the Sadrist movement, the Green 


After storming the parliament building?

30/04/2016 10:02 | Direction Press / Agencies

 Further complicated the political scene, after the storming of the demonstrators to the parliament building, and announced that the Baghdad Operations Command, the Iraqi capital, shut down ports completely and let out only at the time of the evacuation of the US embassy in Baghdad after the storming of the demonstrators to the Green Zone in the Iraqi capital.
Comes the latest developments in Iraq after the demonstrators from the Sadrist movement, broke into the House of Representatives building in protest against the lifting of its meeting until next week without a vote on the complete cabinet reshuffle, said media sources, said that thousands of followers Sadrists entered, today, to the parliament building to protest against



Islandg1211:  Abadi has to appear as a leader, which requires a crises for him to fix. Just as the group that liberates Mosul will appear to be the leader.

Neither could possibly happen without US planning and supporting. Where would Abadi and Mosul be right now without the US?! 

The news can be useful if one knows how to interpret what's being reported, what isn't being reported, and what's being slanted. Intel can be helpful seeing things that we aren't suppose to be seeing at this juncture. 

We have had a lot of news these past ten days, including:

Jack Lew co-signed Iraq's debt.

Good Stuff you didn't know you didn't know! (While we wait!)

Men can read smaller  print than women can; women can hear better.

Coca-Cola was originally green.

It is impossible to lick your elbow.
The State with the highest percentage of people who walk to work:    Alaska

The percentage of Africa that is wilderness: 28%
(now get this...)
The percentage of   North America that is wilderness: 38%

The cost of raising a medium-size dog to the age of eleven:   $ 16,400