KTFA (Delta)

DCDriver: Looks like the cbi website is down

Clare: CBI DOWN AROUND 9:30 AM EST ……AROUND 5:30 PM BAGHDAD TIME…WE SHALL SEE WHAT HAPPENS….

GGC:looking good, what do you think DELTA?

DELTA:  I AGREE IT DOES LOOK GOOD……THEY ARE WAY OVER DUE…..

DJSpandc:If I remember correctly, frank26 and walking stick said if cbi site down for 3hr or more expect something big!!. Heres hoping

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Samson:  Work: Launching the fourth meal of a full-time appointed salary

12/7/2019 15:46

The Ministry of Labor and Social Affairs announced, on Saturday, the launch of the fourth meal of the full-time employee’s salary.

The ministry said in a statement, which received {Al Furat News} a copy of it, that “the fourth meal of the full-time employee’s salary was launched in Baghdad and the provinces for the months of October, November and December of this year.”

She added, “The distribution will be via MasterCard, starting on Sunday, 8-12-2019.”   LINK

2Cents:  Get all payrolls DONE for the year by 12/12!!!!  Even the Kurds are getting a payroll done this week……Let’s hope the back payrolls for 2016, 2017, and 2018 that are to start being paid 12/15 are in the RD rate…..Even if not, 1/1 is right around the corner….

Don961:  The Fed pumps $ 72 billion into the financial markets

Saturday 07 December 2019

Washington / Continue

 The Federal Reserve Bank of New York continued to pump more liquidity into the American financial system, as it sought to keep the interest rate within its target range.

The US bank said in a press release that it had pumped $ 72.8 billion through “one-night repo” repurchase agreements.

The Federal Reserve yesterday pumped $ 78.7 billion to provide more liquidity in the US financial markets.

Repurchases are a way for borrowers to raise short-term financing by agreeing to buy and sell securities over very short time frames.

The Federal Reserve started securities repurchases since mid-September, in an effort to stem the rise in short-term financing costs and keep them within the target range, which ranges from 1.50 to 1.75 percent.   LINK