Chat Room Excerpts & Highlights
DIGIman1 says():are they getting electricity 24 hrs a day yet?
rcookie says to DIGIman1():IN SOME AREAS…NOT ALL..
DIGIman1 says():cities, i expect……would be fully powered by now….
Rcookie says to DIGIman1():CITIES HAVE BETTER SERVICE BUT NOT GREAT IN ALL YET..
rcookie says to DIGIman1():STILL HAVE RATIONING IN A LOT OF AREAS WITH FINES FOR VIOLATORS..
DIGIman1 says():ok thanks cookie…..i cant imagine trying to function without that….they must be having to compromise progress in some cases….
rcookie says():” for his part coalition Iraqi forces said in a statement Monday that he” would not attend the meeting next to the parliament furthest determine who the inciting events that caused the deliberate destruction of the House of Representatives and the pursuit of the so judicially and take action disciplinary against the instigators and participants of Representatives in this business.
“he called on the coalition to” ensure the protection of the House of Representatives Foundation by specialized force able to confront any emergency dismantling of the security and defense committee parliamentary association to protect the Council re the matter to the boss as stipulated by the rules in Article 34 , paragraph 8 , and reach understandings between the political parties on the latest crisis in the subject of reforms and the ministerial amendment. “,
in spite of the pointing fingers of the Sadrist movement of inciting protesters to storm parliament and the attack on a number of MPs, now that the presidency of parliament saying only, that the measures Althakiqh continuing to see those complicit in the raid and held accountable according to the law.
rcookie says():UT THEN THERE IS THIS…
rcookie says():Cabinet will reconvene 2:00 pm (Details)
10-05-2016 01:11 PM Hits: 1508 Orbit News – Cabinet will reconvene a hearing held Tuesday afternoon, headed by Prime Minister Haider al – Abadi.
A source said in a press statement, he was informed ministers that the hearing will be held in the second afternoon.
rcookie says():The House of Representatives and the protection of the Peshmerga Regiment staff resume their work in parliament
BAGHDAD / Sky Press: Areej al – Taie The House of Representatives and the regiment protection of the Peshmerga officers resumed Tuesday their work in the parliament building after a break of ten days.
A source told “Sky Press”, “The staff of the parliament and the protection of the Peshmerga Regiment resumed today, their work in the House of Representatives.”
The source continued, “The parliamentary committees and political blocs did not attend until now to the parliament building.”
The Presidency of the Council called on the board of parliament, members of the House of Representatives for direct legislative and oversight duties starting from Tuesday.
And acts of the House of Representatives have been stalled since last April 30 because the protesters deputies crisis and the storming of the parliament building and the exposure of some deputies to assault and battery.
rcookie says():SO REPORTS STATE LACK OF QUORUM FOR PARLIAMENT….
rcookie says():HOWEVER, ALL SERVICE STAFF AND PERSONNEL THERE TO PERFORM REGULAR DUTIES…INCLUDING MEETINGS OF COMMITTEES AND BLOCS….AS WELL AS PESHMERGA SECURITY REGIMENT…..
rcookie says():Strong union confirms not attending the meetings of the House of Representatives without disclosing the events involved in the storming of the House of Representatives
Hits: 3636
Strong union confirms not attending the meetings of the House of Representatives without disclosing the events involved in the storming of the House of Representatives
10-05-2016 12:01 PM
It called on the Iraqi forces union, on Tuesday, Prime Minister Haider al-Abadi “recognition Ptgosairh” to protect the legislative institution, on the back of storming the parliament building by protesters.
rcookie says():LOOKS LIKE AN INVESTIGATION AND ACCOUNTABILITY INTO STORMING OF PARLIAMENT IS GOING TO HAVE TO BE PART OF THE RECONCILLIATION AND CONCLUSION OF SATISFYING SOME OF THE BLOCS…AS WELL AS SECURITY ASSURANCES….AND IN THE CASE OF THE KURDS….DIRECT APOLOGY FROM SADR…..
rcookie says():AND THE KURDS ALSO CALLING FOR LIFTING OF MP’S AND ANY ACCOMPLICES TO STORMING AND RESULTING ASSAULTS TO PERSONS AND PROPERTY..
rcookie says():LIFTING OF IMMUNITY……..NEED MORE COFFEE….SORRY..
DIGIman1 says():yes, well…..the clock is ticking…..and their need to prioritize will come back and bite them….
rcookie says():PRODUCTION DISRUPTION AND PAUSE IN CANADA AT HEART OF RECENT OIL SPIKE….
rcookie says():Deputy for the Union of Forces: Abadi called on the new ministers to attend today ‘s session
Tuesday , May 10 , 2016 12:09 Alsumaria News / Baghdad Vice detection of the Union of Forces, on Tuesday, for the direction of the Prime Minister Haider al-Abadi invitation to the new ministers to attend today’s meeting, warning that the move “unconstitutional” because they did not perform the constitutional oath before the House of Representatives, while calling Abadi to wait until the acquisition of these legitimate Minister full constitutional.
rcookie says():URGENT…..START OF THE CABINET MEETING CHAIRED BY ABADI….
rcookie says():Abadi declared war without “relentless” on corruption and reforms we started “early”
10/05/2016 14:29 Number of Views: 20 BAGHDAD / tomorrow Press: The head of the Council of Ministers, Haider al-Abadi, on Tuesday, that the government began reforms early in advance of undeclared war relentlessly on corruption.
rcookie says():New reforms package, however, Haider al-Abadi (Details)
10-05-2016 02:21 PM Hits: 901 Orbit News -He said the leadership of the coalition of state law Keywords, on Tuesday, the prime minister past the completion of the new cabinet line -up and end the file of independent bodies, agents and general managers, while noting that disable the House of Representatives is not in the interest of Iraq.
Keywords and he said in a press statement, that ‘ the Prime Minister Haider al – Abadi has a new reform package is ready to be provided to hold the Council of Representatives to vote on the new cabinet of ministers’, adding that ‘it is now entrusted the holding of parliamentary sessions’.
He added that ‘ the Government of Abadi proceeding normally and has a full quorum to hold Cabinet meetings in addition to being considered a legitimate government, but does not want the political process to be disrupted , which include laws and legislation needed by the Iraqi people’, adding that ‘Disable the House of Representatives is not in Iraq ‘s interest as a whole. ‘
He pointed out that ‘ the new reform package ready when Abadi will include the completion of the second cabinet reshuffle and then heading to the agents and general managers and independent bodies and will offer a range of independent personalities’ technocrats
rcookie says():Abadi Office: new ministers did not attend today ‘s session
Tuesday , May 10 , 2016 14:36
rcookie says():Barzani: We seek to resolve problems through dialogue with Baghdad (Details)
10-05-2016 01:25 PM Hits: 760 Orbit News – The head of the Kurdistan Regional Government Nechirvan Barzani, on Tuesday, on the necessity of a clear implementation plan between the Iraqi government and the Kurdistan region and the international coalition on the liberalization process of Mosul, while noting that the province is seeking to resolve outstanding issues with Baghdad through dialogue and mutual understanding.
Barzani said in a statement after meeting with Secretary of the Italian Defense Roberta Pinotti, said that “it is necessary to implement a good and clear plan for coordination between the Iraqi government and the Kurdistan region and the international coalition to liberate Mosul , ” noting ” the importance of clarity and perspective of all parties for the post – liberalization Mosul process and assure the people the region that a bright future awaits them. ”
rcookie says():Source: House of Representatives of the Kurds would not attend the Cabinet meeting and there is a tendency for their ministries vacated by proxy
Cabinet meeting – archiveTue, 10 May 2016 08:16:15 Cabinet meeting – archive
BAGHDAD – observer news An informed source said on Tuesday that “the Kurds minister will not attend the Cabinet meeting scheduled for today, there is a tendency for their ministries vacated by proxy.
The source said the observer, “there are confirmed reports of failure to attend the Kurds ministers to the cabinet information session scheduled for today, because of the current political differences.”
larrykn says():so if the kurds won’t go they will just put them in proxy an vote anyway , how will that play with the hcl
rcookie says():Document: Iraq plans to increase exports of Basra crude in June to 3.47 million barrels per day
Twilight News / showed an initial load that Iraq plans to increase exports of Basra crude from the southern ports to 3.47 million barrels per day in June this program and there will be the possibility to bypass the record high in November.
rcookie says():SOMO REPS COULDNT BR REACHED FOR COMMENT BECAUSE THEY WERE BUSY GETTING THERE LABOTOMY’S……..
rcookie says():Iraq announces rise in the national production of gas to 1100 “Mqmq”
Tuesday 10-05-2016 | 1:23:11 Twilight News / Undersecretary of the Ministry of Oil for the gas industry Hamid Younis announced on Tuesday that high national production of dry gas to 1100 (Mqmq) million cubic feet per day and to a record 5,000 tons per day of liquid gas.
Younis said during his inspection of Ahdab oil in Wasit province, and chaired a meeting of officials in the field to discuss the possibility of optimum use of associated gas and increase production of liquid gas, that what has been achieved in this sector comes thanks to the ambitious plans of the Ministry in the optimal investment of gas associated with oil operations from oil fields all.
futuremoney says: wonder why the new ministers did not attend their first meeting..
rcookie says():AUCTIONS AT 98 MILLION…..
rcookie says():ABADI WANTS THEM LEGALLY SWORN IN UNDER OATH……
futuremoney says():I thought they did that yesterday..
rcookie says():Nasraoui US State Undersecretary discuss investment to complete the port of Faw
History Tahrir:: 2016/5/10 12:59 • 48 times mqrw’h
Nasraoui US State Undersecretary discuss investment to complete the port of Faw
{Baghdad} Euphrates News Search Basra governor Majed Nasraoui, with US Undersecretary of the Foreign Ministry, the launch of the local government investment opportunities to complete the project port of Faw.
rcookie says():2016/05/10 (00:01 pm) – hits: 170 – count (3641)
Electricity stresses add 3500 MW to the national grid, despite the scarcity of financial allocations
Baghdad/Mounir al-Jabburi Electricity Minister Qasim captured suspects, Monday, adding 3500 MW to the national grid since the beginning of the year 2016, that through the years, lagged behind projects with other noted 1000 megawatt loss due to scarcity of the necessary financial allocations for maintenance.
rcookie says():The teacher explained, that “MEW offered many sites in the production sector to invest alongside the electric energy distribution sector, seeking through the exhibition attracted a lot of local businesses and the Arabic world and seeking to invest in the electricity sector through contracts and agreements with those companies to work inside the country to promote the reality of the national electricity system in the country.”
rcookie says():Urgent .. sources of change: the arrival of a group of ministers to the Iraqi Council of Ministers held in preparation for its
Wrote: May 10, 2016Sources of change: The arrival of a group of ministers to the Iraqi Council of Ministers held in preparation for its
Not to attend any Kurdish minister for the Cabinet meeting and the hearing or not is still unknown
rcookie says():Jubouri meet the president to discuss the latest developments in the political process in the country
rcookie says():Besides from meeting President Fuad Masum, with House Speaker Salim al-Jubouri
Jubouri: continuing the dialogue with all parties to achieve a comprehensive parliamentary session
Abadi called on the United Nations to assist Iraq with contraband refund
Politician Since 2016-05-10 at 14:13 (Baghdad time)Baghdad – the balance of news
The Premier said Haider Abadi, said Tuesday that the Government started to advance comprehensive reforms in all the joints of the State and declared war on corruption relentlessly downhill, calling on the United Nations and its specialized agencies to combat corruption to help Iraq recover the money of the people smuggled abroad
larrykn says():Announcement No. (3195)
The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 10/5/2016 and the results were as follows:
Details Notes
Number of banks 26
Number of remittance companies 12
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 98,756,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 98,756,000
Total offers for selling (US$) —–
R&R says to larrykn():”…to complete the past Prime Ministerial new lineup finish independent bodies and file agents and general managers…” (y)
R&R says to larrykn():That should/could include the naming of the permanent Governor of the CBI… and if so, we await Parliament to reconvene and vote on the selection. We are now 10 days past Jubouri’s deadline of April 30th for Abadi to submit names for the independent bodies, but better late than never
larrykn says to R&R():this group trying to stop the reforms as slowed this down IMO but it won’t stop it, adibi is moving forward and will do anything to get this done. I think we are in a real good place right now
subgirl says to R&R():just reading the news this morning!! WOW! it’s gonna be another WOW kind of day!!
R&R says to subgirl():Couldn’t agree more. Lots of positive news today. CBI announcement about local bonds issued, Parliament committees are back with Peshmerga protection (no media allowed in), CoM held its regular and it appears Abadi has completed ALL selections (agency and ministerial) to go to Parliament, and more today…
da58 says to subgirl():yep – appears no Parliment, nor voting.. cabinet meetings, etc.. hopefully voting ministers when they meet
subgirl says to R&R():WOW! that is awesome!!! 🙂 thank you for that!!! I am very excited about what is happening!!
Pablo says():So, where is Abadi going to go from here if Parliament refuses to meet?
subgirl says to da58():We will wait and see what transpires from this day!!! 🙂 I think it will be a good day! 🙂 It sounds like they are trying to make this work!!
rcookie says():Jubouri confirms a delegation of the protestors that the presidency of the Council of Representatives has not and will not stand deduced from exercising their role to question any government entity (Details)
R&R says to rcookie():GM rcookie. What do you think Jubouri is trying to say here? Who is he “directing” those comments to IYO?
R&R says to rcookie():Sounds like he’s out for blood??
larrykn says to R&R():I get to wonder what will happen to the HCL if Adabi puts in proxies for the Kurds
Pablo says():He’ll probably need to put in proxies for everyone since no one seems interested in coming to work.
Dinarian1 says():I love to watch engineers at work. Everything is so methodical… just takes soooo much time to get things done! Make it happen capin’…. Go Abadi go! Go Abadi Go! Git Er Done!!
rcookie says():FURTHER CLARIFYING POSITION TO PURSUE INVESTIGATING AND PROSECUTION OF ILLEGAL AND REPREHENSIBLE ACTIONS OF PROTESTORS…AND KURDS WANT IMMUNITY LIFTED…
rcookie says():Economist: the decision to ban the import of cement will contribute to the development of its industry sector and prevent hard currency out
rcookie says():TALKED ABOUT YESTERDAY TOWARD PROGRESS IN RESTRUCTURE AND PRIVATIZATION OF 192 SOE’S….IRAQ WILL BE BIG PLAYERS IN CEMENT SECTOR….AND REGULATING OUT IMPORTS…
rcookie says():Abadi declares war “relentlessly” against corruption and asserts: We started early reforms
rcookie says():SO…..WE HAVE THE ITALIAN DEFENSE MINISTER VISITING OBEIDI TO DISCUSS MOSUL OPERATIONS YESTERDAY AND TODAY AS WELL AS MOSUL DAM SECURITY ….
AND TODAY THE HUNGARIAN DEFENDE MINISTER IN ERBIL DISCUSSING MOSUL OPERATION AND PESHMERGA SUPPORT….AND NOTES DID NOT PASS THROUGH BAGHDAD….
clay says to rcookie():I thought they were playing nice…was I wrong
rcookie says():WORDS NOT MATCHING ACTIONS…..
larrykn says():I think if they give the kurds the weapons needed this war would have been over by now
rcookie says():ALL RELEVANT ACTORS ARE TALKING AND SAYING THE RIGHT THINGS PUBLICLY TO THE MAIN AGENCIES LIKE UN…..
“IT IS IMPORTANT TO DEMONSTRATE POLITICAL STABILITY IN FACING THE SECURITY AND ECONOMIC CRISIS FACING THE COUNTRY”…….THEN DO ABSOLUTELY EVERYTHING POSSIBLE TO UNDERMINE…..
rcookie says():JUST LIKE THEIR POSITION ON OIL PRICES…..WE KNOW OUR COUNTRY IS 90% DEPENDENT ON OIL PRICING FOR OUR SURVIVAL….
BUT WILL CONTINUE TO INCREASE PRODUCTION AT EVERY TURN….WHICH WE KNOW WILL LEAD TO MORE OF THE SAME SO WE CAN GRIPE ABOUT IT SOME MORE TOMORROW……..
_firefly_ says():( Declaration ) , the Central Bank of Iraq launched national bonds ( nominal ) on behalf of the Ministry of Finance Bosaddarah nominal value of five categories ( 100 , 000 , 250 , 000 , 500 , 000 , 1000 , 000 , 5000 , 000 ) dinars 10/05/2016
_firefly_ says():Nobody is talking about the 6 Money Printing machines huh?
_firefly_ says():The NEW ones
_firefly_ says to larrykn():Did you guys notice the numbers on those bonds that were LAUNCHED?
rcookie says():SAME AS LAST …
rcookie says():Iraq plans to achieve new record increase its oil exports in June
Author: HAA Editor: BK 10/05/2016 17:13 Number of Views: 26Long-Presse / Baghdad
Preliminary information for the program oil loading showed on Tuesday, Iraq’s intention to strengthen the southern oilfields exports during next June, to three million and 470 thousand barrels per day, the number exceeds one hundred thousand barrels, “standard” rate achieved during November 2015, from Basrah indicating that it may expose Alsnov disparate so crude price pressures in the Asian market.
larrykn says to rcookie():so they are not slowing down, I guess they like the lower oil prices
Romello says():The bonds are sold on behalf on the Finance Ministry and come to maturity on March 14, 2018.
The issue is the first tranche of a 5 trillion-dinar bond plan announced by the finance ministry in January. Iraq already issues Treasury bills to domestic banks and has international bonds outstanding.
The central bank in March announced the local bonds will be sold between March 15 and April 15 to the public and to local lenders.
http://www.reuters.com/article/iraq-economy-bonds-idUSL5N18745V
_firefly_ says():Markets | Tue May 10, 2016 7:46am EDT Related: Bonds, Markets
Iraq sells $1.3 billion in local bonds to plug public deficit
May 10 Iraq’s central bank on Tuesday said it started selling local bonds worth 1.5 trillion Iraqi dinars ($1.29 billion), as part of an effort to plug a government deficit caused by tumbling oil prices and the costs of fighting an Islamic State insurgency.
It is the first local bonds sale to the public since 2003, when Saddam Hussein was overthrown. Iraq already issues Treasury bills to domestic banks and has international bonds outstanding.
The two-year bonds are sold at an 8-percent annual discount rate, the Central Bank said in a statement. “Purchase applications from banks and citizens can be presented at the central bank directly,” it said.
The bonds are sold on behalf on the Finance Ministry and come to maturity on March 14, 2018.
The issue is the first tranche of a 5 trillion-dinar bond plan announced by the finance ministry in January. Iraq already issues Treasury bills to domestic banks and has international bonds outstanding.
The central bank in March announced the local bonds will be sold between March 15 and April 15 to the public and to local lenders.
_firefly_ says():It is the first local bonds sale to the public since 2003
_firefly_ says():come to maturity on March 14, 2018.
faith1 says():so the first sale to locals is done?? firefly ??
_firefly_ says to faith1():YES !!!! 🙂
_firefly_ says to faith1():HUGE !!!!
faith1 says():what next ? open too international ??… isn’t that what we await for ?
_firefly_ says to faith1():Stop the MCP once and for all
rcookie says():THAT IS NOT THE 1ST BOND SALE TO IRAQIS…
The Council of Ministers, on Tuesday afternoon, its regular, headed by Haider al-Abadi.
rcookie says():AND IS IN 2016 BUDGET…
faith1 says():bonds (their currency) sold open market international ?? we await ! (v)
rcookie says():JUNE IS EUROBOND SALE……
rcookie says():ALSO IN 2016 BUDGET…
faith1 says():all the news is HUGE latly… i like it ! (v) thank YOU all 🙂
_firefly_ says to faith1():They’ve tried it a couple of times but never really got off the ground
rcookie says():Source: Abadi held a cabinet meeting to “ten” ministers and ministries vacant assigned to “Agency”
10/05/2016 18:46 Number of Views: 142 BAGHDAD / tomorrow Press:
Holding Prime Minister Haider al-Abadi, on Tuesday, the cabinet meeting with 10 ministers only, through the use of the offices of “agency” to some ministries in order to complete the quorum.
An informed political source, for “tomorrow Press”, “The Cabinet meeting today, was attended by 10 ministers only, including three ministers have been assigned by proxy, for the purpose of completing the quorum.”
The source, who declined to be named, “The ministers who attended the proxy, they both Salman Jumaili (Planning Minister) of the Ministry of Commerce, Abdul-Hussein Abtan (Minister of Youth and Sports), the Ministry of Transport, and Haider al-Abadi (Prime Minister) and Minister of Petroleum Agency “.
For his part, said a legal expert, who declined to be named, replying to a question about the legitimacy of the meeting, saying: “The ministers who keeps them legal impediment to political or attend the Cabinet meeting, it can be assigned to other members of the Council to take over the agency ministries, temporarily for the hearing. ”
The Council of Ministers, on Tuesday afternoon, its regular, headed by Haider al-Abadi.
faith1 says to rcookie():tell me why eurobond sale is important too us… sorry ,, i don’t know (v)
faith1 says():ok so had meeting with / including ministers assigned by proxy…. good ,,, good… but has not yet announced new ministers (will announce in coming days), and can vote effectivly with proxy assignies…good ,,, good AND citizens are rioting for reforms and IMO if they (Iraq Gov), does not move into reform and build their country great taking good care of the citizen…they will loose ground and strength,,, reforms applied is needed NOW! (v)s
wmawhite says():Eurobonds are most commonly issued when the issuer does not have a particularly deep local debt market, or when the issuer’s home currency is less attractive to investors. In 2015, the Lebanese government, which uses the Lebanese pound, issued a Eurobond in U.S. dollars, effectively opening itself to U.S. dollar-denominated investment from its own local institutions and international investors alike.
faith1 says to wmawhite():TY,,,, so the article ^ about eurobonds was about Iraq opening their market too the euro? and that is part of going international ? IF I am way off on this subject, just tell me and i can put it out of mind,,, so i don’t make myself crazy and OR you that do understand ! (v)
_firefly_ says to faith1():A Eurobond is an international bond that is denominated in a currency not native to the country where it is issued. Also called external bond; “external bonds which, strictly, are neither Eurobonds nor foreign bonds would also include: foreign currency denominated domestic bonds. . .”
[2] It can be categorised according to the currency in which it is issued. London is one of the centers of the Eurobond market, with Luxembourg being the primary listing center[3] for these instruments. Eurobonds may be traded throughout the world – for example in Singapore or Tokyo.
_firefly_ says to faith1():London is one of the centers of the Eurobond market,
_firefly_ says to faith1():Eurobonds may be traded throughout the world
tman23 says():The question that needs to be asked…. Who is buying these bonds ? Few months ago they were on a selling campaign and nobody was buying…….
the statement was interest rate foreign invesment wanted was 12% for “the high risk”……. but now they are going to be flocking in at 8% while the GOI is in disarray and uncertainty is a BIG question…… Maybe more purchasing by the CBI from hard currency reserves…… Interesting…..
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