Epstein Secrets

Oo ¢ a D 10% fn ° Le 0% 1970 1975 1980 1985 1990 1995 2000 2005 2010 Note: *Oil exporters include Ecuador, Venezuela, Indonesia, Bahrain, Iran, lraq, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, Algeria, Gabon, Libya, and Nigeria. KP Source: Dept. of Treasury, as of CQ2:10. (@E) www.kpcb.c

Year Average Yield Weighted Average Treasury Yields (%) 0% . T T T T T T T T T T 1980 1983 1986 1989 1992 1995 1998 2001 2004 2007 2010 KP Source: US Treasury. i USA Inc. | Income Statement Drilldown 165 Effective Interest Rates: If Debt Levels & Interest Rates Rise Dramatically Beyond 2010, Net Interest

s Helped Fuel It, Too, as They Reached For Yield Without Questioning AAA Ratings of A Subprime-Backed Investments Investors picked up 25-35bps over U.S. Treasuries with comparable maturity, typically levered 10:1 and generated 2.5-3.5% yield, meaningful against an 8% annual yield target Illustrative AAA-Rated S

Consider Review Tax Rates Changing MEE Reduce Subsidies / Tax Expenditures*/ eee Broaden Tax Base Note: *Tax subsidies / expenditures are losses to the U.S. Treasury from granting certain deductions, exemptions, or credits (such i as those on mortgage interest payments and employer-sponsored health insurance payme

doors of Astana through Lebanon and Palestine and President Gamal Abdul Nasser who threatened leader Abdul Karim Qassim when the latter threatened Kuwait and showed on more than one occasion determination to defend Syria in the face of the threats which used to be launched from time to time by the Tu

icy staffers. Plus, he's half of one of Washington's top power couples: His wife, Lael Brainard, is the undersecretary for international affairs at the Treasury Department. 23. Howard Berman The most influential House Democrat on foreign affairs, Howard Berman has carved out a perch for himself on the hawkish wing o

re on the GCC nations. The Saudi Riyal is already at its highest level since 1986. Saudi Arabia, the United Arab Emirates, Qatar, Oman, Bahrain and Kuwait are scheduled discuss revaluation at a summit in Qatar this week. Ideas under debate include a new peg of which the dollar would only account for 60

ll not need this gold for a future monetary regime, and could create even more concerns about the world's reserve currency. I would be surprised if the U.S. Treasury were to go down this road. Value of investible gold relative to global financial assets Saudi Arabia food price inflation Percent %change- YoY 18

nt Iraq, a designated state sponsor of terror, in a case stemming from the al- leged torture of several United States citi- zens who were working in Kuwait Dali- berti, 97 F.Supp2d at 46. Iraq argued that exercising personal jurisdiction over it would offend constitutional due process since the FSIA "

2001 attacks made prima fade showing of personal jurisdiction over bank chairman in Antiterrorism Act (ATA) action, by al- leging, inter alia, that Department of Treasury designated him as Specially Des- ignated Global Terrorist, and that he was involved in United States operations of designated terrorist organizatio

ecurity should be paramount. We believe that, had that been put in place, we would not have faced the two disasters in Iraq — the Iraqi invasion of Kuwait and the Iraq war that began with the U.S. invasion in 2003. One disaster, the Iraq-Iran war, was enough. So we believe that confidence-building mea

ew at the foreign ministry here Sunday. He said that his country would continue the talks, despite what he called the "extremely counterproductive" U.S. Treasury Department announcement last week of new steps to enforce existing sanctions. Iranian concern was eased, Zarif said, after his contacts last week with Secre

mphasized `solidarity and stability in the Gulf." Reuters (1/5, Yaakoubi) reports that the deal "followed mediation efforts by the United States and Kuwait, and a U.S. official has said Qatar would suspend legal cases related to the boycott." Reuters notes that White House senior adviser Jared Kushner

foreign-based sales agents of a major Iranian metals and mining holding company, seeking to deprive Iran of EFTA00148602 revenues." Reuters says the Treasury Department "named the China-based company as Kaifeng Pingmei New Carbon Materials Technology Co Ltd. (KFCC), saying it specialized in the manufacture of carbo

ization of Aramco's stake sale, PIF could get a portion of the assets of SAMA. In this scenario, we would effectively transition to the Abu Dhabi and Kuwait model where the central bank holds little reserves and non-transparent SWFs are what matters both in terms of flow and stock. Foreign assets purchase

5-25 -23~—s -20 -19 25-26 Other assets -4 “1-11-10 11-1 -11 -11— 11 memo: Identified Saudi Arabian and Middle Eastern holdings in the US Saudi Arabia US Treasury (UST) holdings 51 46 8 69 68 £76 80 91 109 Long-term securities 50 45 82 68 67 74 78 88 107 Short-term securities 1 1 1 1 1 2 2 3 2 Saudi Arabia hold

of September 11, 2001 attacks stated cause of action against bank chairman under Antiterrorism Act (ATA), in that allegations and his designation by Department of Treasury as Specially Des- ignated Global Terrorist were sufficient to HOUSE_OVERSIGHT_017843 --- PAGE BREAK --- IN RE TERRORIST ATTACKS ON SEPTEMBER 11, 2

ant Iraq, a designated state sponsor of terror, in a case stemming from the al- leged torture of several United States citi- zens who were working in Kuwait. Dal- bertt, 97 F.Supp.2d at 46. Iraq argued that exercising personal jurisdiction over it would offend constitutional due process since the FSIA “ab

litary Military Diplomatic Action Military Military * JCPOA: “Joint Comprehensive Plan of Action” Source: Investment Strategy Group, White House, US Treasury, New York Times, Bloomberg, Wail Street Journal. JCPOA* finalized between Iran and P5+1 President Trump de-certifies compliance of Iran with JCPOA

(0.5) | 7 0.2 0.20 | (1.0) + / 6 0.1 0.1 (1.5) J Lo5 0.00 T j ; j T Jan-13 Aug-13 Mar-14 Oct-14 May-15 Dec-15 Jul-16 Feb-17 Sep-17 Apr-18 Nov-18 lrag Kuwait Saudi UAE = US oil production growth has matched or exceeded global demand growth over the past year, providing ample supplies to the market. = In