BACKDOC: SIMPLY EXCELLENT DR. WALKINGSTICK! (See articles below)
AS WE SAW LAST EVENING IRAN HAS BEEN GIVEN A GREEN LIGHT TO WORK WITH WESTERN BANKS NOW WITHIN DAYS!
DO YOU THINK THE NEW FISCAL YEAR, OCT. 1ST, WILL USHER IN A REALITY VALUE NOT ONLY FOR IRAN BUT ALSO ITS SHIA BROTHER?
WELL, UNLESS THEY RESTRICT IRAN TO ONLY THESE SALES WE SHOULD ALL EXPECT "THE DEAL" IS ABOUT TO BE COMPLETE AS WE HAVE BEEN SHARING!
A SIDE NOTE HERE I THINK IS VERY INTERESTING THAT JANET YELLEN YESTERDAY AGREED THAT RATE HIKES SHOULD BEGIN BUT SHE SAID SHE WAS WAITING FOR MORE EVIDENCE!
MANY ARE ASKING WHAT EVIDENCE?
WELL, IF LOTS OF PEOPLE HAVE ACCESS TO INCREASED WEALTH SOMETIME BY NOVEMBER, THEY MAY REDUCE DEBT AND THEY MAY SPEND MONEY RIGHT AWAY WOULDN'T THEY? RIGHT!
WELL, WHEN THE FED MEETS AGAIN IN DECEMBER THE DATA COULD THEN SHOW A SIGNIFICANT UPTICK IN THE GLOBAL ECONOMY NOW WOULDN'T IT? MMMMM
AS BLACK GOLD CONTRACTS BEGIN TO GET SORTED OUT SUPPLY AND DEMAND WILL SHIFT GLOBALLY. IRAQ WILL BENEFIT GREATLY BY THIS CHANGE WHILE WHILE ALL SDR CURRENCIES WILL ADJUST TO THEIR NEW VALUES INCLUDING OURS! DOC IMO
Walkingstick: Call for the issuance of electronic currency
Shokran Fatlawi urged Member Baghdad Economic Forum d. Akram Abdel Aziz on the importance of thetrend towards issuing electronic currency being the system followed in most countries of the world, provided that it is within the employee 's legal framework for service and integrity of this program according Amn.wachart Abdul Aziz system in her "morning" to the need to take the variables and legal nature into consideration as well as the search for the possibility of dealing with this trend with the rest of the world, pointing to the need for a real administration in this regard they will serve the Iraqi economy and is working to develop and easy to trade.
And noted the importance of the establishment of strategic awareness to the public and workers in this regard, indicating that about 80-90 percent of the Iraqi society depends compactness, pointing out that some banks balked and stalled in the provision of benefits its customers, at the same time stressing the need that they can be corrected image, inorder to spread confidence in the presence of realistic for the application of this approach.
And hinted member Economic Forum, that the application of modern concepts to each system requires to be working on a competent and managed in a professional way, being the system itself is expensive.
Walkingstick: The central bank reveals the date of launch electronic currency
Last updated 20/09/2016
Select the central bank governor on the Keywords, Saturday, 2017 as the date for the launch of the electronic currency through the mail or e-dinar cards, with the exception that it will facilitate dealings between the state institutions, the expectation of rising oil prices.
He said on the Keywords in an interview I followed the "Economy News", "next year, 2017, will see the launch of the electronic currency after the termination of the Central Bank of infrastructure structures necessary for the operation of electronic payment through the mail dinar or electronic tags, which facilitates transactions between state institutions," noting "the end of this year or next year will work directly in the new Central Bank building."
Keywords and added, that "the country is facing economic challenges and overcome them dependent on an improvement in oil prices as a financier President of Finance for the budget of the country," stressing that "there are indications demonstrate near the high oil prices in the global markets."
BACKDOC: REMEMBER, IRAN SAID THEIR FOREX VALUE WOULD MEET ITS REALITY VALUE IN OCTOBER, I GUESS THAT QUALIFIES FOR A FEW DAYS!
NICE ARTICLE! I HAVE SEVERAL MORE ON THE SAME SUBJECT! I ASSURE YOU THAT THE TWO SHIA BROTHERS WILL BOTH HAVE A REALITY VALUE WITHIN DAYS.
REMEMBER "THE DEAL" DOC IMO
Samson: Airbus says granted US license to sell planes to Iran
Wed Sep 21, 2016 4:42PM
Airbus says it has obtained an initial license from the United States to supply passenger jets to Iran as part of a 25-billion-dollar deal between the aircraft manufacturer and the Islamic Republic signed in January.
Airbus spokesman, Justin Dubon, told The Associated Press on Wednesday that the company received the license from the US Treasury's Office of Foreign Assets Control for the early delivery of 17 A320 or A330 jets to Iran.
He also noted that Airbus hoped to receive a second license allowing it to export the remaining aircraft to Iran within the next few weeks.
Back in January, Tehran signed a major contract with Airbus to buy 118 planes. The accord was inked during Iranian President Hassan Rouhani's visit to Paris.
However, Iran’s Deputy Minister of Road and Urban Development Asghar Fakhrieh Kashan said earlier this week the country had cut the number of planes to be purchased to 112.
The deal was made possible by last year’s nuclear agreement between Tehran and the P5+1 group of countries, namely Russia, China, France, Britain, the US and Germany.
The July 2015 nuclear accord, known as the Joint Comprehensive Plan of Action (JCPOA), took effect in January. It ended decades of economic sanctions against Iran in exchange for restrictions on its nuclear program.
However, months into the JCPOA's implementation, Iran says that the promised economic benefits have yet to materialize, and that it still does not have access to global financial markets.
Wednesday’s announcement by Airbus will be closely watched by Chicago-based Boeing Co., which also inked a memorandum of agreement with Iran in June. The deal involves Iran purchasing 80 planes and leasing another 29.
Aviation sources said the US Treasury was expected within "days" to begin unblocking Boeing's deal to sell or lease the 109 jets to Iran.
BACKDOC: THIS AGREEMENT LOOKS TO BE TIED WITH THE RELEASE OF ALL CURRENCIES INCLUDING IRAQ! "THE DEAL" DOC IMO
Samson: Iran, P5+1 foreign ministers to discuss implementation of nuclear deal
Thu Sep 22, 2016 10:39AM
Abbas Araqchi, Iran’s deputy foreign minister for legal and international affairs and the head of an Iranian committee on the implementation of the Iran nuclear deal
Foreign ministers of Iran and the five permanent members of the UN Security Council plus Germany are meeting in New York Thursday to discuss implementation of a nuclear deal they reached last year.
Iran's Deputy Foreign Minister Abbas Araqchi said the meeting, scheduled for 1700 GMT at the UN Headquarters, will be the first since the implementation of the deal in January.
On Wednesday, Araqchi and his counterparts from the so-called P5+1 group held discussions as a prelude to the ministerial meeting.
They discussed the modernization of Iran’s Arak heavy water reactor plus Russia’s cooperation with Iran on turning the underground Fordow facility into a nuclear research center, he said.
Araqchi said the two sides also addressed cooperation in the banking sector, as well as EU and US delays in resolving hurdles which foreign banks and financial institutions face for business with Iran.
The US government's license for sales of passenger planes to Iran by Boeing and Airbus was also brought up in the talks, with US officials saying the permit had been issued for some of the planes while the rest will be cleared for sales within the next few weeks.
Iran and the P5+1 signed the nuclear deal, dubbed the Joint Comprehensive Plan of Action (JCPOA), on July 2015. The deal went into effect on January 16, and resolved a long-running dispute over the Iranian nuclear program.
Under the JCPOA, the Islamic Republic has agreed to roll back certain aspects of its nuclear program — including the volume of its uranium stockpiles enriched to the 20-percent level — and has provided international atomic monitors enhanced access to its nuclear facilities.
In return, Iran’s partners agreed to terminate all nuclear-related sanctions against Iran.
Some international banks, however, still shy away from financing trade deals and processing transactions with Iran fearing US penalties. The US has moved to ensure them that no such penalties would be imposed but has failed to be adequately convincing.