Category: Currency

Millionday talks about the CBI adopting Visa.

Millionday “The CBI adopted the Visa card system to develop the financial and banking sector and to create an atmosphere of competition among the different banking and financial establishments in Iraq.” [Does this mean it will be international banking?] yes they will be using international banking when this is all activated through visa and its capabilities — the smart cards will be given to citizens outside of Iraq but that are Iraqi citizens for distribution they have coming for oil proceeds and benefits they have been approved for when they are activated for international use — meaning they would have to also have a plan in ink about the calculation for reality rate coming or how it is being done.

 

Abu Risha confirms “I am still fighting terrorism in Iraq,”

Baghdad (AIN) -The head of the Sons of Iraq Conference (Sahwa) Ahmed Abu Risha confirmed that he is “Still in Iraq and did not abandon fighting against terrorism in Anbar.”

Abu Risha stated to AIN “The enemy might get benefit from the statements and declarations over the plans or preparations, so we decided to avoid giving statements for media and devote our efforts to get rid of the enemies in Anbar and Iraq.”

Abu Risha clarified “The spokesperson of the General Command of the Iraqi Armed Forces General Qasim Atta is giving a detailed coverage for the military operations and victories achieved by the Iraqi Security Forces all over Iraq and he is doing a great job.” /End/

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Ministry of Interior says Iraq faces a conspiracy

Baghdad (IraqiNews.com) On Monday, Deputy Interior Minister Adnan al-Asadi said that ISIS terrorists and their supporters are conspiring to destroy Iraq from within.

Asadi said, in a statement received IraqiNews.com, that “the elements of the Islamic State in Iraq and Syria affected all of our innocent people – children, women, old and young and that the conspirators with them against Iraq have been identified will be held accountable to the people. “

Asadi said “their crimes will not go unpunished and these criminals will not have a place in Iraq because our religion and sense of humanity reject them. We will work to restore the morale of our people in Nineveh and Salahuddin,” noting that “the country is facing a conspiracy that has been uncovered. We will present the perpetrators to the people.”

Asadi offered “thanks and gratitude to the tribes which have helped the security forces, and to the heroes who created the finest victories over the enemies of the people in the provinces of Salahuddin, Nineveh, Anbar and Diyala. They presented themselves for the sake of pride and dignity and the victory against terrorism.”

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Malaysian Co eyes Helicopter Charter Market

Malaysia’s Weststar Aviation Services is looking to tap the helicopter charter market in Iraq, according to a report from Astro Awani.

Weststar group managing director and owner of Westar Aviation, Tan Sri Syed Azman Syed Ibrahim, said the company was planning to enter the market as early as next year and will be the first company to provide such charter services in Iraq.

The company is also expected to list on the main Malaysian stock market next year.

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Nova and Delta weigh in on the CBI.

NOVA & Delta Please See Below And Realize THIS IS THE CBI TALKING! CBI issues Visa cards: Quotes: “The Central Bank of Iraq announced adopting the electronic payments of funds (Visa Cards)…” “The CBI adopted the Visa card system to develop the financial and banking sector and to create an atmosphere of competition among the different banking and financial establishments in Iraq.” “The new system will organize the work of the providers of the service and issuing licenses for them according to the law No. (4326) of 22 June 2014.” WITH THE CBI ANNOUNCEMENT TODAY ABOUT ISSUING VISA IS HUGE ONE. FOR CBI TO HAVE CONTRACT WITH VISA THEY MUST BE ABLE TO HAVE FREEDOM OF MOVEMENT OF CAPITAL! THAT MEANS ARTICLE 8 AND SINCE 1166 IS A PROGRAM RATE THEY HAVE TO COME OUT WITH TRUE RATE.

 

US Dollar Trading Levels for the Week Ahead

US Dollar Trading Levels for the Week Ahead

DailyFX – 22 hours ago

Our DailyFX Volatility Indices currently show that traders expect extremely slow moves in the week ahead, and without a shift in market expectations it seems very unlikely that major USD pairs will break wide ranges. Thus we continue to look for …

USD: Currency Index & Volatility – FXstreet.com