February 2nd 10am

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DA Member News Highlights & Comments 2-2-18

Kaperoni Moderator   Iraq Economic News > Kuwait is considering converting Iraq's compensation to the projects and investments

2/1/2018   Economy News _ Baghdad

Deputy Prime Minister and Foreign cabinets Sheikh Sabah Al - Khalid, on Thursday, the continuation of meetings between the Kuwaiti and Iraqi sides on the issue of compensation settlement, pointing out that the research underway in the collection of such compensation or transfer projects and investments.

Compiled 12:15 am EDT 2 Feb. 2018 by Judy Byington

Judy Note - It is my opinion that:

1. Today Feb. 1 2018 was National Freedom Day. On 1st Feb. 1865 President Abraham Lincoln signed a joint resolution proposal so that the 13th Amendment to outlaw slavery could be put in force in the US Constitution.

2. Yesterday Jan. 31 White House Intel provider "Q" (whom some say was Trump himself) texted out that the most important line of Trump's State of the Union Address was his continual mention of what Q referred to as "Activation Code Freedom."

3. From the below intel it is my opinion that today on Feb. 1 National Freedom Day, the RV would be released for Humanitarian Groups to begin exchanges.

4. Also as of today Feb. 1, many businesses have been giving out to their employees, bonus checks that resulted from the new tax reform law.


Bruce: Welcome Everybody to the Big Call tonight. Let’s talk about where we are and what we are anticipating. Let’s take a look at Iraq. Iraq has been given the go ahead by our Treasury to release their rates for a well over a week now. So far there been some internal changes to the rate. There have been some things done at their banks like lower denominations, pictures put on their websites, the CBI website. They have had large blown up version of the 1 dinar note to put in the windows of banks to familiarize the people of the lower denominations. They talked about the 5 and 10 lower denominations. They have the lower denominations in the ATMs ready to go. 
Bruce: Why haven’t they gone? Why hasn’t the rate been put out like we want it to be? I can’t answer that. I do not know the why. For the life of me, I can’t figure out why Iraq has not come thru from what we understand. Now realize we don’t get the entire story all the time. We get a lot of stuff and we piece things together the best we can. It looks like is they have had the go ahead to get going. They have had so many businesses from so many countries come in and sort of sign tentative contracts and then they have had those people come back to do new contracts at new rates. Then they had at Davos, Switzerland a ton of business was going to come even out of Davos, but I don’t think any of it will come through until the new rate is put out and can be inked into their contracts.