Tues. AM/PM KTFA News Articles 4-20-21



Bear Cinnebar » April 20th, 2021

IMO KTFA, family just gave us this and it is from the Central Bank of Iraq’s website, that you will need a browser add-on for translation from Arabic to English:

Section is:  Banknotes in Circulation

it says:  Circulated banknotes:  The Central Bank of Iraq introduced in 2013 some technical and technical updates to the 2003 issuance, except for the denomination (50) dinars, which was withdrawn from circulation on the first of May / 2015, and the two issues will remain in circulation side by side, as well as the Central Bank of Iraq issued in 2015/1 To trading denomination (50,000) dinars to complete the current series in circulation

2 Key points:  “The Central Bank of Iraq introduced in 2013 some technical and technical updates to the 2003 issuance ….

…. and the two issues ( of notes ) will remain in circulation side by side ….


Source: Dinar Recaps


Samson » April 20th, 2021

Russian businessman: The Chinese yuan will affect the status of the dollar

14:30 – 20/04/2021

The great Russian businessman, Oleg Deripaska, suggested the influence of the Chinese digital yuan on the dollar’s position in global trade, and expected that the new Chinese digital currency would witness a great demand.

In a press statement, Deripaska said that the digital yuan will help Russia get out of the sanctions imposed on it, indicating that “in general it is clear that the digital yuan will seriously affect the dollar in global trade, which will help Russia get out of the sanctions circle.”

He added that China has the right to make its digital currency the main currency in the world, noting that “it has the right to do so. By 2026″.

Yesterday, the Chinese central bank announced that it intends to allow foreigners to trade the digital yuan next year 2022, and said, “During the Beijing Winter Olympics, foreign athletes, not just local residents, will be able to use the digital yuan to pay.”   LINK

Representative Integrity: Activating e-government will reduce bribery and corruption


11:40 – 20/04/2021

Member of the Parliamentary Integrity Committee, Sabah Talobi, called on Tuesday for the government to accelerate the activation of e-government in all state departments and institutions, as it will reduce bribery and corruption.

Taloubi said in a statement to “the information”, that “activating the e-government aims to simplify procedures, reduce time in dealing with documents, and eliminate the process of bribery and corruption.” He added, “We have called in more than one forum for the government to accelerate the activation of e-government to eliminate corruption gradually.”

He pointed out that “there is a slowdown in the process of curbing the phenomenon of rampant corruption in the departments and institutions of the state,” noting that “the routine of the state departments exhausts the auditors and threatens their forces, as well as asking them to pay a bribe in order to simplify their transactions.”

And a member of the Parliamentary Integrity Committee, Karim Abu Souda, revealed, yesterday, Monday, that the money is expected to combat corruption and reduce it in the country, stressing that the fight against corruption and the recovery of money stolen by the corrupt needs funds.  LINK

Source: Dinar Recaps


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