Just spoke with someone who is a Director at Western Union…he agreed that the currency has to be internationally tradable, and so we came to the conclusion that business is being transacted in USD at Western Union in Iraq.

Therefore, this answers my question as to why they could be doing business with Western Union, and not have an internationally tradable currency.  They simply can, because they are trading in USD.

In other words they are doing money transfers using the USD and not the IQD. It seems that it is not as big a deal as I had thought previously.

This had just bothered me so I had to find an answer.  I could not figure out for the life of me how they could be using Western Union without an internationally tradable currency until it was brought to my remembrance that they use the USD in Iraq to do trade.

KTFA:

Jhockey00:   Frank with all that is happening do you and your teams still think something big will happen between Oct.10-14th?

Frank26:  It already did ……….. We know DRS is back.

Aggiedad77:  Ok….ok…..I’ll say it    TA-DA

Frank26:  LOL……… And some question ……. Why is FRANK26 at RED with KTFA ???

Because DRS is BACK and he is soon to tell You he is ALSO BACK in CONTROL of THE CBI.

Now You can say it again RANDY ………… TA DA !!! KTFA    Frank

MOakes:  IMO anyone had better be careful before they believe the controlled US news media.

As I have stated previously, the US creates these terrorist groups and funds them also. Russia is just doing the job that the US doesn’t want to do.

MountainMan: …………….BINGO!!!
….

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Walkingstick:  Sistani calls to punish any corrupt official, whatever its location

Writings Friday 0.9 October 2015, 13:35 am

Student supported the religious authority in Karbala, Sheikh Abdul Mahdi Karbalai punish every official is corrupt, whatever the stature and demanded the security authorities to assume their responsibility to protect citizens from terrorist attacks, stressing the government’s need to take capable of avoiding the repercussions of the current financial crisis in Iraq’s economic measures.

He said in his Friday sermon in the dish-Husseini Karbala: “still our brothers and sons in the heroic armed forces and supported by volunteers and members of the tribes continue to fight the terrorists in different fronts, and in recent days have had significant progress in Anbar province, and were able to free up some important areas, and ask Allah to give them more power and patience, fortitude “.

He added:” The terrorists Aldoaash still engaged in the most heinous crimes and Avdaha and brag about it without shame or modesty, and that targeted car bombs markets crowded with citizens, as happened in the pure and Zubair in the last week which claimed the lives of many innocent people who shed their blood pure injustice, once again claim security authorities bear the responsibility to protect citizens from the baddies.

“And on the financial crisis in Iraq, Karbalai said:” The current situation portends serious problems in the general budget for the coming years, pointing to the need to exchange important financial materials in the coverage of the war on Daash costs, noting that what is observed is draining a lot of money in consumer spending without noticeable indicators of the development in the agricultural and industrial production, with possibilities for asylum State to borrow, which will saddle the state budget larger because of what borne by the very benefits, this situation indicates that the need for economic, financial and developmental measures real and within the agreed timeframe clearly become necessary today more than ever.

“He called Karbalai to the Integrity Commission not to delay in the detection of senior accused of corruption files and forwarded to the judiciary. And demanded the central government to enlist the expertise of economists and financial experts, national and maximum speed to cope with the financial and economic crisis faced by the country, stressing the need to be among the priority of those measures to achieve social justice by reducing the large differences between the salaries of state employees.

He said Karbalai: “The need a quick and important measures of the economic situation of the country has become today an urgent need after the bad financial situation of the country by taking advantage of economists and financial experts in the country and address all problems through several factors, the most important achievement of social justice and the abandonment of unnecessary expenditures in the state.

http://www.kitabat.com/ar/print/61725.php

Aggiedad77:  The voice of Iraq……coming to you loud and clear…..yes the voice of the religious cleric…..the one that when he speaks….everyone not only listens…..they hear…..be SWIFT……uncover the names of those guilty, bring them before the Justice Department……no matter their stature…..no matter their level of political power……they are to be brought before the judge and made to pay for their crimes…..

Not just the scapegoats and the underdogs…..but all of the kingpins as well and the LEADER of all the kingpins too…..do not slow down…..do not stop until all are brought to justice and held accountable for their crimes……hit them with your best stuff…..fire away…..

Stand up Iraq and be accounted for….stand up and be known for integrity and truth in an area of the world that has forgotten what those words mean…..it’s no longer a hunt for Red October…..it’s now a Hunt in October for Maliki and all his kingpins…..the latest box office mega-hit.  Aloha   Randy

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Walkingstick:  The religious authority calls not to delay disclosure of the files of corruption, whatever the accused names

By Ziad al-Haidari Two hours ago

invited the representative of reference in the province of Karbala, Abdul Mahdi al-Karbalai, during the Friday sermon, the Integrity Commission “not to long delays in the detection of senior defendants file corruption and refer them to eliminate,” calling on the judiciary to “be strong and not Adahn not favoring one and not be subject to any pressure from any party, and the government should provide the necessary protection to the judges in charge of the files of corruption. “He added that” Aldoaash are still engaged in the most heinous crimes including targeted car bomb Almktdh markets to citizens, such as in pure towns, Zubair, claimed the lives of many innocent people, “and urged security authorities to “shoulder its responsibility to protect citizens from the bad guys.”

He continued Karbalai that “borrowing will saddle the state budget larger because of what borne by the very benefits of altitude on this debt,” noting that “the need for economic, financial and developmental real action and within the agreed time frame and clearly has become more necessary than Ever. “He noted that” hopefully stakeholders that the acceleration to seek the assistance of experts and specialists, especially qualified Iraqi keen on the future of the country, to develop appropriate real and serious to address the existing problems before plans to worsen. “He stressed Karbalai importance of” working to achieve social justice Within government jobs and in pension rights, by reducing the differences between the salaries and allowances and to reconsider the amounts disbursed consumer expenditure is necessary. ”

http://rudaw.net/arabic/middleeast/iraq/091020152

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Walkingstick:     Minister of Finance for International Mojta: Iraq is rich in natural resources

Chaired by Finance Minister Hoshyar Zebari yesterday the Iraqi delegation to the annual meeting of the International Monetary Fund and the World Bank which will be held in Lima, Peru.

According to a statement the Ministry of Finance Agency our economy news received a copy of it on the minister participated in a symposium organized by the World Bank on the sidelines of the annual meeting of the Fund and the World Bank about the vulnerability in middle-income countries, said the minister in his speech as a keynote speaker at the seminar mentioned the challenges facing Iraq in This side.

He said that “Iraq does not face such a problem in all regions of Iraq, but in some places affected by the war on terrorism and the occupation of Daash terrorist to those lands.”

On the other hand said the Minister of Finance that “Iraq, a country rich in natural resources, particularly oil wealth But the drop in oil prices in the global market and the threat of terrorism Daash may impact on Iraq’s ability to finance its budget, which form a deficit which, this side of the fragility faced by Iraq at this stage, to its dependence on a single supplier, which requires the diversification of its resources and this Matsay him the government of in order to maximize resources and stimulate the economy, and reforms of administrative, economic and anti-corruption.

“The government has recently proceeded to a series of reform measures and a commitment to international transparency standards in providing and disseminating 2016 budget, on schedule and in Iraq is not grumbling from the political fragility because he had a constitution and institutions of a viable and continue to complain of the fragility of the economy in the rent structure, which needs to be fundamental changes. ” Link

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Minister of Finance review the relationship with the International Monetary Fund (IMF)

(Independent) .. accept Finance Minister Hoshyar Zebari at a meeting, on Thursday, Executive Director of the Arab Group at the International Monetary Fund Hazem Albiloa the relationship between Iraq and the IMF.

And across Zebari expressed appreciation to the speed of the bank in response to the request of Iraq in obtaining a loan from the Fund in the framework of the mechanism of rapid funding and Iraq’s desire to develop its relations with the Fund within the mechanisms to provide support and assistance to help to help Iraq in the face of the financial crisis afflicting.

On the other side of the meeting and in the presence of representatives of the Iraqi Central Bank also discussed Iraq’s relations with the Fund and the proposed consultations between the two sides early in the month of November 2015. (end)

http://www.mustaqila.com/news/179252.html

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Zebari confirms Iraq’s desire to develop its relations with the IMF
Friday 09 October 2015

Met with Finance Minister Hoshyar Zebari Dr. Hazem Albiloa Executive Director of the Arab Group at the International Monetary Fund (IMF), and during the meeting to review the relationship between Iraq and the International Monetary Fund, as Zebari expressed appreciation to the speed of the bank in response to the request of the Arab Aq in getting a loan from the Fund in part of a rapid funding mechanism and Iraq’s desire to develop its relations with the Fund within the mechanisms to provide support and assistance to help to help Iraq in the face of the financial crisis afflicting In another aspect of the meeting and in the presence of representatives of the Iraqi Central Bank, it was also discussed Iraq’s relations with the Fund and the proposed consultations between the two sides early in the month of October 2015  Link

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Iraq appreciates the response to his request to get a loan from the International Monetary Fund speed

09/10/2015 11:19 |   Press direction / follow-up

Iraq expressed appreciation for the quick response to the request of Iraq in obtaining a loan from the International Monetary Fund as part of a rapid financing mechanism.

According to a statement of financial Mas it received a “trend-Presse,” a copy of it on that, “Finance Minister Hoshyar Zebari met yesterday Hazem Albiloa Executive Director of the Arab Group at the International Monetary Fund on the sidelines of the annual meeting of the International Monetary Fund and the World Bank which will be held in Lima, Peru for the period from 9 112 015, and during the meeting to review the relationship between Iraq and the International Monetary Fund. ”

And across Zebari expressed “appreciation to the speed of the bank in response to the request of Iraq in obtaining a loan from the Fund in the framework of the mechanism of rapid funding and Iraq’s desire to develop its relations with the Fund within the mechanisms to provide support and assistance to help to help Iraq in the face of the financial crisis afflicting”.

On the other side of the meeting and in the presence of representatives of the Iraqi Central Bank also discussed Iraq’s relations with the Fund and the proposed consultations between the two sides in early November 2015. the sa

http://aletejahtv.org/index.php/permalink/80015.html

• Dragonfly14 said
  12:25 PM Oct 8, 2015

Just off the phone with a Private Banker, one of the big four, in southern California ………
He was 100% open and willing to share all he knew.
Basically, there are four exchange locations in the county…….
And they are ready and waiting like we are.

Starting to get a little excited!

Article quote:  “Gulf sources revealed that the Gulf Cooperation Council states, led by Saudi Arabia plans to join Iraq to membership of the Cooperation Council in order to remove Iraq from Iranian influences.”

An article about Iraq getting an invitation to join the GCC. I am so happy for many reasons. You should be very happy too. Here are the reasons.

1) Since getting rid of the Iranian influence is happening right in front of our noses and this must happen prior to any RV. I always knew that getting rid of Maliki and removing Iraq as the “puppet” Iranian state was not going to be easy and would take some time.But we can see it is happening now… getting rid of Maliki and his goons is going to be HUGE in this direction of movement for Iraq.

2) By joining the GCC this will give much more power to the government of Haider al-Abadi and the opportunity to direct reforms and that these reforms will inevitably lead to disengage with Tehran. It will be like a snow ball effect as the momentum will pick up and the ball gets bigger and bigger. This will bring a NEW Iraq to the people, allow for international trade and investment thus our RV.  It is all inter-connected.

Highlights from The Big Call:

Mangelo: Bruce call: is starting, welcome, beautiful day to be alive, you are at the right place at the right time hoping we would have been there already

LadyB22: Bruce, we are in a very good place.

PinkRoses:  Bruce call: this what i believe I know. there was a meeting of world banks in Lima Peru, 2 day meeting, heard Pope was there, cant prove it. if true little better shape,

PinkRoses:  Bruce, believe this meeting produced good results. That the GCR could be revealed tonite, anytime, Sunday, Monday, Tuesday. All the banks ready, banks anxious to be done

Mangelo:  Bruce call: between now and Tuesday

Mangelo:  Bruce call: Iraq is using the Chinese system, western Union is up and running

CatwomanPinkRoses:  Bruce: Swift system, European transfer system is in play for Iraq. heard there is a western Union running in Iraq. iT means Iraq ready to be international. Key cards effectively being used in Iraq… Key cards actively being used

Mangelo:  Bruce call: Key cards are $3.43.$4

PinkRoses:  Bruce: Key cards being used internationally, in sense then Iraq is international in a limited sense

PinkRoses:  Bruce: Heard products coming from Kuwait to Iraq

Mangelo:  Bruce call: products of convoys coming from Kuwait

PinkRoses:  Bruce: Are they in position to take place, as a world economic power? Yes

Mangelo:  Bruce call; They are going to be the richest country in the world

LadyB22:  Bruce call, Iraq could be the richest nation in the world. Gems under the streets. the riches are there in the land.

Pinkroses:  Bruce call: we have some sort of back wall dates, heard about them, but dont like using the term back wall. there has been resistance to this, not only by our govt and other forces. but less and less.

PinkRoses:  Bruce call: we want to grow and protect our money, put ourselves in positoin to be good givers

PinkRoses:  Bruce call: alot of sites will shut down after this, he planning on going on after this is done

PinkRoses:  Bruce call: caller: question What is going to happen if we go in and we decide to go for a contract rate and sign a NDA, does that exclude us from going to another bank?

Pinkroses:  Bruce call: Bruce: If you want to diversfy, start with 2 or 3 banks, if you have significant amount to exchange, and you ask for contract rate. I dont think you be excluding using more than one bank in that case. Some of us accumulately have enough for one or two banks. personal rate when it comes to contract rate.

PinkRoses:  Bruce call: Be prepared to let bank know that you planning leaving this money, percentage of it, with your bank for 3 or 5 years or more. 5 years magic number with some banks. say by the way so you know, i heavily involved in giving back to humanitarian projects, and you say working with the veterens, and have something you working on

PinkRoses:  Bruce call: not matter what you working on Example, business planning to employ people. this what the banks want to hear. think how you want to pitch this to the bankers, to get higher rate.

Mangelo:  Bruce call: they will be listening to you on what you might be doing with your blessings

PinkRoses:  Bruce call: Caller: was listening to Tony on Monday, currency exchanges in the dong Bruce: Yes, I heard exchanges Sat, Sun, Tues. dont know about yesterday. The rates the bankers are seeing are on their screens. Rates they are able to do with some of these privilege

PinkRoses:  Bruce call: They have the rates, dong the exchanges, dont worry about it. Some mainly in rupiah. Majority I know are not taking teaser rates including the dong.
Mangelo:  Bruce call: the rates the bankers can see on their screens, the people he knows are not getting teaser rates

Pinkroses:  Bruce call: caller: heard Zim 23 cents, confused. Bruce: I heard as recently as yesterday. between 21 and 28 days at the start of the RV, when it officially starts have 21 and 38 days to exchange the ZIM

Mangelo:  Bruce caller: caller hearings that the zim wont go..is it because we won’t buy more. but Bruce knows better

PinkRoses:  Bruce call: caller: with the chaos going on over there, how this going to take place?

PinkRoses:  Bruce: they are getting on with their life, this is the region of world be in for long time, pray ISIS removed, Iraq can get along with neighbors, I think this will happen

Mangelo:  Bruce call: crazy things are happening but Iraq gets along, this will happen,

PinkRoses:  Bruce: I do believe the RV will come soon, not actually date we can pick. they are trying to push it through, they have made attempts. Hopefully some of the reports we are hearing are true and in home stretch

PinkRoses:  Bruce: Caller: You heard anything about the ZIM, how they going to total them up? Bruce: I think you only have say 100 trillion notes, your transaction simple. But say you have some billion notes. if 3 zeros off the billions equals same thing as 6 zeros off the trillions.

PinkRoses:  Bruce: Say you have 500,000 notes, idk. We dont know how they going to treat the million and hundred thousand notes, just the trillion and billion notes

PinkRoses:  Bruce call: Caller: Zimbabwe meeting for forgiveness or credit help. this going to help raise the rate of the ZIM?   Bruce call: Bruce: it wasnt a whole lot of debt with that size of country. I think it doesnt hurt to strengthen their currency, but cant tell you if it will directly effect the rate that much, only my opinion.

Mangelo:  Bruce call: have your heard about the red alert, and another red alert today, he feels it is very close, yes it could be

PinkRoses:  Bruce call: we have had people use that expression like Frank26, he feels things are very very close. It may mean something for us as far as we being close to this blessing

PinkRoses:  Bruce: caller: Martha from TNT on

Mangelo:  Martha said there is a strong possibility that’s it’s this weekend

PinkRoses:  Bruce call: Caller: could you say what the tax we dont have to pay?

PinkRoses:  Bruce: Not a cpa, not a tax attorney. We have understood from people that have done exchanges, from what we can tell. that if there is taxes to be paid maybe result of contract rates, not necessary of international bank rates. not sure about the groups. I would say right now as we speak, jury is out. for the most part, only my opinion do not think we going to be in a taxable situation, possible with the state, but not sure with the federal

PinkRoses:  Bruce: there has been opinion about taxes, we just wont know until time of exchange. But I believe we are going to be in the clear.

Mangelo:  Bruce call: the spread is built into the rate

PinkRoses:  Bruce: we understand at this time, there may not be an actually fee to exchange. But we looking at the spread is built in the rate. there maybe slight diffeences between banks, dont think that 2% is really a factor, not think going to be leverage on you.

PinkRoses:  Bruce: As far as we can tell from info from banks sources. We are looking at a gun start notice.

Mangelo: Bruce call: federal employees have gone already

PinkRoses: Bruce call: talking about govt employees. Bruce: we heard number of govt emplyees have already exchanged. we never heard something special of govt employees going ahead of others except those already who have exchanged

PinkRoses:  Bruce: heard Rial going later, based on when all the sanctions go off. then heard Rial going 24 to 48 hours when rv happens. been told Rial will reinstate their own rate before they revaluate. We dont know.

PinkRoses: Bruce caller: think this be over end of October? Bruce: Yes

Mangelo:  Bruce caller: last call……how much longer can the PTB keep it from us

PinkRoses:  Bruce: well you ma ybe right in sense some powers out there that seem to have been impedements to the process. We dont know answer. There is resistance still. We dont know what force will win yet

PinkRoses:  Bruce call: The chinese system can go around, can just might move things around to let this go, this was effective today.

Mangelo:  Bruce call; is saying the Chinese system can go around, and make things happen

PinkRoses:  Bruce: Ken, clear the Q and A, beautiful time to for those not already asleep can think of going to sleep, Ken praying them out. Thank all coming on to calls, and listeners. WE are in a really good place for all th is to go down and be accomplished. Ken praying call out.

• Dragonfly14 said
  04:12 PM Oct 8, 2015

Spoke with the banks High End Wealth Management Group this afternoon.

They are ready to do business when we RV.

No condescending words about our investment……..

No further searching and prodding for me, I just moved my plan “D” “E” and “F” to the new Plan “A”.

Now I Just wait!

Good Fortune ALL…..

Pay it Foreword …. You can not out give GOD.

Rod.