Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Wednesday 2-20-19 Part 2 of 2
Woke AF Saw this article on recaps, thought I would share~
Doug_W Baxter how Lovely
Baxter HEY ZIM LOVERS... READ AND WEEP Zimbabwe’s government dropped its insistence that a quasi-currency known as bond notes are at par with the dollar as it overhauled foreign-exchange trading and effectively devalued the securities.
The measures are a step toward trying to create a new currency and stabilize Zimbabwe’s economy, which has been plunged into crisis as a shortage of foreign currency stoked the fastest increase in consumer prices in more than a decade and caused shortages of food, fuel and medicine.
Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Wednesday 2-20-19 Part 1 of 2
chattels Tuesday, February 19, 2019 Security In Iraq Feb 8-14, 2019
http://musingsoniraq .blogspot .com/2019/02/security-in-iraq-feb-8-14-2019.html
chattels There was another week with few security incidents in Iraq. For almost four months now the country has averaged 20-30 security events each week and the second week of February was no different.
chattels Iraq bulks up border presence as IS escapees try to enter
Shelly Kittleson February 18, 2019
Read more: http://www.al-monitor .com/ pulse/originals/2019/02/iraq-anbar-syria-baghouz-isis.html#ixzz5g1lmwNfq
DELTA: With generous EU funding, empowered local communities and improved governance are within reach in Iraq
Erbil, 20 February 2019 – Hundreds of thousands of people in Iraq will benefit from two new projects funded by the European Union’s Regional Trust Fund, MADAD. Launched today in Erbil, the projects aim at empowering local communities and improving governance in areas affected by conflict.
The projects are scheduled to be launched in Mosul on 21 February 2019.
Judy: IMO this is HUGE! So many positive things happening right before our eyes. As Frank as said "welcome to the other side"
Live Updates: Zimbabwe Monetary Policy Statement 2019
February 20, 2019
Question and Answer & Comments Session
After a question about what happens to the Bond Note following the introduction of RTGS dollars, Mangudya says Bond Notes are part of the RTGS Dollars. Reiterates that RTGS Dollars consist of RTGS Balances, Bond Notes and Bond Coins.
Says Bond Notes are to the RTGS dollars what USD Cash is to Nostro balances.
UZ Economics Professor Ashok Chakravat takes to the podium and reiterates Mangudya’s point that there is no expectation of the exchange rate to increase. The expectation is for it to reduce gradually.
Mangudya responds to questions below:
We are taking the role of ensuring that the value of money is restored instead of leaving that to the parallel market. The variable that is critical to us is inflation. The best way to preserve value for money is to ensure that foreign currency is available and that the forex rate is stable.
February 7, 2019
Have you ever looked around your house and ask, “why did I buy that?”. Or come out of a shop with a new powertool and later thought, “what was I thinking?”.
Chances are you have fallen prey to clever sales marketing and product placement. I think we have all fallen prey to these moments of post purchase regret. With a growing range of products now available, the marketing is only getting more pronounced and difficult to avoid.
MarkZ Update Wednesday 2-20-29: Thank you PDK
MarkZ: It’s Wait and See Wednesday today
We still do not have word from Iraq whether or not the rate has changed. Hope to know more this afternoon
We did hear that there may be big news from Zimbabwe this afternoon. I really was expecting something spectacular in the news yesterday…and still expecting something big today
Q: Is all the gold in place for each country?
MarkZ: All gold certificates are in place…..we are trying to find out why they havn’t been implemented yet.
In the banking system – they are still expectant for anytime….Big banks are all done and ready with the new banking system.
Regional banks are scheduled to be done updating to new banking system mid-March. We are planning on using the big banks to exchange and they are ready.