Tishwash: Union of Arab Banks concludes the cycle of application of the International Financial Reporting Standard
Economy News Baghdad
On Wednesday, the Union of Arab Banks concluded a training course organized by the Association of Iraqi Private Banks on the application of the International Financial Reporting Standard.
IFRS 9 is effective from financial periods beginning on or after 2018.
The financial adviser to the Association of Iraqi Private Banks, Samir Nasri, during the closing ceremony of the session, which was attended by "Economy News", "This session aims to teach the application of IFRSs, the standards are modern and necessary to apply in accordance with international accounting standards," stressing the need to apply from Before banks and all concerned departments.
Article: “Intelligence sources: unknown parties behind the crisis of small currencies and the Central Bank reveals the truth”
DELTA: THE UNKNOWN PARTIE IS THE CBI BY ITSELF...…. THEY DID THAT IN PURPOSE !!!
SO MY Q TO YOU FAMILY...... WHY CBI WILL DO THAT? GOOD JOB SAMSON
Boxman: Sarcasm alert…..Bad news, Iraq is so poor they cannot even support the 500 dinar notes on the street...lol Or conversely, as Delta is asking, could this be the prelude to the CBI issuing replacement currency in the coming weeks in the form of lower classifications of currency...inquiring minds want to know...hehe
Tckc2: Delta, very interesting question. IMO, to wet their appetite
DELTA: NO.....THEY DON'T EVEN HAVE ENOUGH WATER TO WET IT..rotfl…….
The Future Of Money
Smart Banknotes Will Be The Cash Of The Future
By Ignacio Mas September 25, 2018
Executive director and co-founder of the Digital Frontiers Institute
Must we pit digital money in a battle against hard cash? Must we really swear our full loyalty to one or the other?
What if a banknote could function as a sort of digital prepaid card, on which you could electronically load value using your mobile phone—except that unlike a card, it could also be accepted at the corner shop in the same way banknotes are passed around today?
In our minds, money assumes different physical states: a stash of money feels rock-solid, then it speeds up and becomes liquid, and, ultimately, heats up and vaporizes away. Such physical-state metaphors about our money are deeply entrenched in our language; they are how we think about money.
The Future Of Money
By Natasha Frost September 25, 2018
Thomas Edison thought gold would be worthless, and other money predictions from the past
If you were to put money on predicting the future of currencies, it’d likely be a losing bet. Just 120 years ago, credit and debit cards were so remote that they were literally science fiction.
Luminary Thomas Edison erroneously believed gold was on its way out in the early 1900s. But other predictions about the future of cash have been more on the money, including concerns about data misuse long before the age of electronic transactions.
Samson: The arrest of the owner of a banking office in Nineveh accused of terrorism
Anti-organized crime squads on Tuesday arrested the owner of a banking office in Nineveh accused of terrorism.
"According to accurate information, the anti-organized crime squads in Nineveh province, working within the Federal Intelligence and Investigations Agency at the Ministry of the Interior, are able to arrest an accused, With a warrant for the arrest of terrorist cases. "
He added that "the accused is the owner of one of the banking offices and was caught with the criminal offense and is transferring funds out of the country without the approvals of fundamentalist, the process was done after taking the approvals. LINK--