June 12th 10am Newsletter

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Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Tuesday Night  6-11-19  Part 2 of 2  

Lance  From TNT: I run a motel in the USA .. and the only currency I can take is US dollars.. however if you are booking online you will likely see a choice of currency.. but its been that way for years.. 

I mean someone in Iraq is flying to US and want to reserve a room they must transfer their Iraq currency into US dollar.. .. in US it is illegal to accept any currency other than US dollar for business purposes services... At least where I am at anyway.

Sparky  Conversions are programed, and constantly fluctuating, if an MC participant. Just done for convenience for the Iraqis traveling to the states...imo

Lance  Sparky That's what is sounds like.

Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Tuesday Night  6-11-19 Part 1 of 2  

Dave  phoned IHG/Holiday Inn.....

Lance  What did you find out?

Dave  do not take cash......credit card....the cc will make the conversion
Dave  credit card only

Lance  Digital. Just like going to Canada from the US and using a CC, CC company will convert.

Visualizing the Importance of Trust to the Banking Industry
By Jeff Desjardins June 6, 2019

In the digital age, money is becoming less tangible.

Not only is carrying physical cash more of a rarity, but we are now able to even make contactless payments for many of the products and services we use on the fly.

Our financial transactions are starting to be analyzed and optimized by artificial intelligence. Meanwhile, investments and bills are paid online, and even checks can now be deposited through our phones. Who has the time to visit a physical bank these days, anyways?


Bruce: Welcome Everybody to the Big Call tonight. Let’s see where we are tonight, June 11th. We do get things over the weekend. It is not quiet necessarily on Saturday or Sunday. I will tell you one thing though. It is interesting because we do get information yet today was relatively quiet. Oh, until close to lunchtime. Then things started to pop. We started to get things. We started to hear from people. We started to get the emails coming in and the information coming in. 

​I will just tell you that we are kind of at a point where we are looking for some things to take place because today in about a 7 to 8-hour period there was a long meeting with the World Bank. The gentleman name is Mr. David Malpass was put in place by President Trump’s Administration over the World Bank in a fairly recent position.

Bruce: Today we find that the World Bank has AIIB, the Chinese Bank, as a division of the World Bank. It is tied and linked closely to AIIB which is very good. The World Bank is in a new location. My understanding it is in Laos. It is no longer in Washington DC, but there still maybe an office in Washington DC, but I am not sure. 


MilitiaMan: Visa and Master Card are able to go outside the borders, more evidence.. imo.. ~ MM

Don961: Retired on a date with new services

Tuesday 11 June 2019

Baghdad / Farah Al-Khafaf 

The government continues to rely on mechanisms and controls to facilitate financial transactions, notably the disbursement of salaries and lending operations, including loans to retirees as an important segment that has provided long years in community service. 

These trends follow the completion of time plans for the resettlement of salaries of retirees in government and private banks by the General Retirement Authority and in agreement with the concerned parties in facilitating the granting of loans For retirees.