Chat Room Excerpts & Highlights
cowboywads says(): LETS HOPE THEY FINISH UP EVERY THING TODAY SO THE IMF CAN GET THE SHOW ON THE ROAD 😀
DIGIman1 says():kurds got their whey….:D
cowboywads says():HOPEFULLY THATS GOOD FOR US?
DIGIman1 says():yup….it is…
cowboywads says():SUPER
DIGIman1 says():all part of the ‘inclusive government’ obama was demanding….imo…
larrykn says to jeffjane():Central Bank confirms Iraq for loans worth $ 15 billion
Wrote: May 17, 2016 Ali-ingrate
Governor of the Central Bank of Iraq said the “agency” on the Keywords that Iraq will receive loans from the International Monetary Fund of up to $ 15 billion in the next two years.
Keywords and said in a newspaper interview, “Iraq is expected to happen this year at $ 7 billion or more, and at the present time there are international approach to support Iraq, we are determine these amounts based on the accounts relating to Walkers financial situation, and perhaps be animated depending on the circumstances.” .
“We initially in the next two years could be that Iraq gets $ 15 billion, and these amounts could say it has become almost certain.”
http://www.faceiraq.com/inews.php?id=4805312
BGG says():That has to be purely about credit rating – they cannot be depending on that money… they have pi$$ed a hundred times more away lately… their budgets have been in the 120 bil per annum… what does 15bil over the next 2 years matter??
risk says to BGG():Could this be the “seed” money for monetary change?
rcookie says():JABOURI ANNOUNCES EXTENSION OF PARLIAMENT SESSION FOR 1 MONTH….
rcookie says():BRENT FUTURES AT $49.34……
larrykn says to rcookie():when does that time start for that extension ?
rcookie says():Jubouri Announces Extension of the current chapter Sharii of Parliament to one month
Last updated: May 2016 – 13:50 17 BAGHDAD / News Network Iraq announced Parliament Speaker Salim al – Jubouri , the extension of the current chapter Sharii of Parliament to a month
Ahd.ozkr a statement his office today: “Based on the powers vested in the President of the House of Representatives, according to the Article 58 of the Constitution, it was decided to extend the current legislative term of the House of Representatives and therefore the urgent need to complete reforms and legislation necessary necessary in the interests of the country ‘s supreme .
“The President of the Republic Fuad Masum, the face on Monday, to call for the House of Representatives need to extend the current legislative term of one month from the end of the current dismissal date of the end of the month of May Gara.oppema extension will be a legislative recess to parliament one month [July] .
ouget Federal Supreme Court on Tuesday, a letter to all parties to challenge the constitutionality of two sessions of the House of Representatives meetings , lawsuits last month to submit their answers in accordance with legal terms in order to be resolved as soon as possible, stressing that its going to be open for all, including the public.
http://www.dinarupdates.com/showthread.php?34536-Jubouri-Announces-Extension-of-the-current-chapter-Sharii-of-Parliament-to-one-month&p=152323#post152323
rcookie says():SO…ENTIRE MONTH OF JUNE….
rcookie says():Parliamentary demanding the Interior Minister to clarify the reasons for cancellation Tareq al-Hashemi name from the list of Interpol
Tuesday 17-05-2016 | 8:08:55 Twilight News / MP called for reform emotions grace the front on Tuesday, Interior Minister Mohammad Al-Ghabban clarify the reasons for cancellation of former Vice President Tareq al-Hashemi name from the red list of the wanted list of the International Police (INTERPOL).
Said in a statement responded to the Twilight News, he said that “the Iraqi people and all the families of the martyrs and victims of terrorism were shocked by the news of cancellation terrorist Tareq al-Hashemi to hear from the Red List own wanted list of the International Police (INTERPOL),
despite being sentenced to five death sentences for committing terrorist crimes,” indicating that “Iraq is a member Interpol and the director of the Iraqi Center of the Interior Ministry Maj. Gen. Hadi is Hammoudi, and the duty to renew the wanted bulletin Iraqi judiciary annually and submit it to the government to send it to Interpol. ”
She explained that “may be added to the list every year new names are written off or provided, including obtaining the approval of the independent Iraqi judiciary names, the government is empowered to act and modify existing without the consent of the judiciary, which makes us wonder about who is responsible for this terrorist delete a name from the list of wanted men.”
Media sources revealed that the International Criminal Police “Interpol” filed on Monday, former Iraqi Vice President Tariq al-Hashimi name permanently from the red list of wanted men with arrest.
She said the oversight committee of the International Criminal Police Organization, “Interpol” It is ascertained that “information provided about al-Hashemi showed strong doubts about the authenticity, and the result of all this, the Committee decided to raise the name of al-Hashemi and the final information from its files.”
Interpol management and confirmed that it was not convinced by the justifications provided by the Iraqi authorities to arrest al-Hashemi.
For his part, al-Hashemi said in a statement to the source of the media on Monday, Interpol’s decision as “proof that the charges laid by the Iraqi authorities to judge him null and void.”
The Interpol issued in May / Oareetam 2012 an international arrest warrant, demanding the extradition of Iraqi Vice President Tareq al-Hashemi, on charges of supporting terrorism, in accordance with a request from the Iraqi government, then headed by Prime Minister Nuri al-Maliki, which accused him of killings and leading death squads in the country.
http://www.dinarupdates.com/showthread.php?34537-Pal-demands-Interior-clarify-reason-for-drop-Hashemi-name-from-Interpol-list-5-17&p=152324#post152324
rcookie says():OK…..I HAVE AN ABSOLUTRLY INCREDIBLE INTERVIEW WITH KEYWORDS (ALAK) ANNOUNCING THE AGREEMENT TO OPEN CBI BRANCH IN ERBIL….AND ANSWERS SOME AMAZING QUESTIONS IN PROCESS…….
rcookie says():IT IS LONG…BUT WOW!! HERE GOES….
rcookie says():On the Keywords: We have reached an agreement with the Kurdistan Region to open the central bank in Arbil By Roudao 6 hours ago
The governor of the Iraqi Central Bank, on the Keywords, in an exclusive interview with Roudao Media Network, the central government held talks with the Prime Minister of the Kurdistan Region, Nechirvan Barzani, was agreed to open a central bank in the Kurdistan Region has all the requirements and specifications, and to be part of the bank CBI, pointing out that the Kurdistan region has the right to obtain 17% of the foreign loans obtained by Iraq.
The following is a transcript of the interview:
http://www.dinarupdates.com/showthread.php?34538-Keywords-We-have-reached-agreement-with-Kurdistan-Region-open-central-bank-in-Erbil&p=152326#post152326
rcookie says():Roudao: What is the role of the central bank in solving the current economic crisis?
On the Keywords: the central bank represents a fundamental pillar of economic policy in the country, along with fiscal policy, and since the country’s resources have dropped significantly, and in particular since 2015, played a central bank and still plays an important role in trying to overcome the current financial crisis, through his purchase of treasury transfers issued by the Ministry of Finance and purchased by banks, the central bank re deducted, which now stood at more than 12 trillion dinars, as well as the Central Bank allowed the use of 50% of the bank’s reserves has to buy money orders, with an estimated up to 4 trillion dinars.
Roudao: Is the central bank distract from the reserves at the moment?
Keywords: central bank banned it according to the law that will provide loans to the government, but the central bank can buys money orders or bonds from the secondary market, not from the government directly, that is, when there are money orders issued by the government purchased by banks, can the central bank rediscount, because of the great financial crisis, the banks can not cover all of these transfers continuously.
http://www.dinarupdates.com/showthread.php?34538-Keywords-We-have-reached-agreement-with-Kurdistan-Region-open-central-bank-in-Erbil&p=152326#post152326
rcookie says():Roudao: Is the central bank managed to put up securities to obtain financing and bridging the budget deficit?
Products: There are two types of bonds, including the State Department, which tried to Iraq last year promote them outside the country, but Iraq ran into the problem of high interest rates on these bonds, reaching more than 11%, the point of the central bank’s view is not to go into it, because of rising interest rates , and Iraq does not need a dollar, but in need of the Iraqi dinar,
because most expenditures in the state budget covers the dinar, so it was our proposal to resort to the local national bonds in Iraqi dinars, which have the benefit of the citizen and covers the need Dinars nor endured high benefits, has recently been agreement to begin offering these bonds.
Roudao: Do you have to put up securities in the global markets for future plans?
Keywords: Yes, after the United States and the World Bank has given the possibility to do to guarantee part of the bond, and when it will land benefits dramatically, at that time we can issue bonds in the international markets, the size of the bond is currently before a start is two billion dollars, and if he could Iraq that the process of market interest rate is suitable, you may think to continue asking other bonds also Bmiliran, and whenever possible, depending on the interest and the conditions and duration.
Roudao: What is the reason for the instability of the Iraqi dinar?
Keywords: reserve central bank is affected by spending the government directly, and if the government is spending more than revenues, the borrowing process to cover the deficit, and this borrowing, which reached today to the large sums of money meant indirectly is pumping cash into the market,
there are other factors influenced by exchange rate , a juvenile political and security developments, the situation of stability has a direct impact on exchange rates, and watched the dinar exchange rate in recent instability, where he gave a letter in which a kind of anxiety and fear for the Iraqi people.
http://www.dinarupdates.com/showthread.php?34538-Keywords-We-have-reached-agreement-with-Kurdistan-Region-open-central-bank-in-Erbil&p=152326#post152326
rcookie says():Roudao: What is the latest information about your dealings with the International Monetary Fund and World Bank, and what is the size of the loans granted to Iraq?
Keywords: a while ago and the Finance Ministry and the central bank hold in-depth talks with the International Monetary Fund, the search mechanism and conditions of loans, Mtaattlebatt the International Monetary Fund and the conditions are the same orientations of the Iraqi government,
because the government is trying to reform public finances of the state structure through the rationalization of expenditures, increase revenue, with maintain employees’ salaries, but the contrary, the IMF wants to emphasize that the Iraqi government does not affect these expenses.
Roudao: What is expected to be granted by the International Monetary Fund for Iraq in 2016 amount?
Keywords: Iraq is expected to happen this year at $ 7 billion, or more than that, at present there are international approach to support Iraq, They are determine these amounts based on the accounts relating to Walkers financial situation, and may be moving in the circumstances, but in principle in the next two years could be that Iraq gets $ 15 billion, and these amounts can say that they have become almost certain.
Roudao: Are there any plans to give a portion of the loans to the Kurdistan Region?
Keywords: agreement, which happened with the Kurdistan Region within the state budget, is to take the region of 17% of total expenditures, so these loans and get it Iraq, as well as bonds, are included in it, because this total expenditure by Iraq, originally came from these loans and certainly the region’s share exist, because Iraq whenever the amount spent is the region’s share of 17%, and if Iraq got the loans and grants for the purposes of spending, when it’s share of the Kurdistan region to be 17% of the total spending.
rcookie says():Roudao: Do you expect to reach the Kurdistan Regional Government to deal with the Iraqi government on the public budget?
Keywords: I got in the recent period some contacts mission between the Kurdistan Regional Government, the federal government, and there is a tendency and desire to solve problems related to, but recent political circumstances had a negative impact on the continuation of the negotiations, and we hope in the coming days to resume talks between the federal government and the Kurdistan Regional Government, and to reach an agreement satisfactory to both parties.
Roudao: How would you describe the relations between the Kurdistan Regional Government and the Iraqi government in the economic field, and what is the level of your dealings with the banks of the Kurdistan Region?
Keywords: central bank being meetings with the Kurdistan Regional Government at a very high level, in order to be the central bank’s real role in the region, including helping to found the banking sector development and support of financial institutions, and provides a legal, financial, and regulatory and supervisory cover is very important,
and this hurt mainly the first is in the interest of the Kurdistan region, nor can any geographical area that the banks operate without there being a central bank have linked the presence of these banks, and can deal through it.
Roudao: Do you confess banks in the territory of Kurdistan and do you consider within the branches of the Central Bank?
Keywords: branches found within the territory of Kurdistan present their situation does not represent a part or a branch of the Central Bank of Iraq, and this confuses the work and does not help the region that provides the proper framework for the briefing to operate the banking and financial institutions in the Kurdistan region,
so we had talks with the Prime Minister of the Kurdistan Region, Nechirvan Barzani, and we agreed that there is a real central bank in the Kurdistan region, and to be part of the Central Bank of Iraq, and has all the requirements and specifications, currently we do the detailed procedures relating to this trend.
sassy says():rcookie so the Kurds are getting the 17% they have been requesting for yrs?
rcookie says():SO KEYWORDS IN ADDITION TO ANNOUNCING AGREEMENT OF CENTRAL BANK IN ERBIL AS WELL AS KURDS RIGHT TO 17% OF SBA LOANS…ANSWERS FOLLOWING QUESTIONS…
WHAT IS ROLE OF CENTRAL BANK IN SOLVING CURRENT ECONOMIC CRISIS…IS CENTRAL BANK DRAW DOWN ON RESERVES AT THE MOMENT…
IS CBI PUTTING UP SECURITIES (BONDS) TO OBTAIN FINANCIN TO BRIDGE BUDGET DEFICIT…DOES HE HAVE PLANS TO PUT UP GLOBAL BONDS IN GLOBAL MARKETS IN FUTURE…
WHAT IS REASON FOR IQD INSTABILITY…SBA LOAN STATUS REPORT….WHAT IS THE EXPECTED 2016 SBA LOAN AMOUNT….ARE THERE PLANS TO GIVE KURDS A PORTION OF SBA LOAN…
DO YOU EXPECT KURDS TO DEAL WITH GOI ON THE PUBLIC BUDGET…HOW DOES HE DESCRIBE THE ECONOMIC RELATIONSHIP BETWEEN KUDS AND GOI AND RELATIONSHIP DEALING WITH KURD BANKS…
rcookie says to sassy():YES….AND ARE BUDGETED FOR THEIR SHARE IN EXISTING 2016 BUDGET….THE REGIONS ALL GET THEIR OIL & GAS…AND CUSTOMS BORDER REVENUE PERCENTAGES….BASRA JUST GOT 130 BILLION DINARS YESTERDAY FOR PORTS AND BORDER CUSTOMS FEES….
rcookie says():WOW!!!!…………..
rcookie says):THAT IS HIS 2ND PUBLIC INTERVIEW IN AS MANY WEEKS………
rcookie says():AND HAS OFFERED INCREDIBLE INSIGHT TO THE CBI STRATEGIES..POLICIES AND ACTIONS….VERY TRANSPARENTLY…
sassy says():rcookie something is up withh him being so vocal. I hope
rcookie says():HE HAS CALLED OUT THE ECONOMICALLY & FINANCIALLY ILLITERATE POLITICANS AND MEDIA ON THE DANGEROUS MISINFORMATION AND PROPOGANDA STATEMENTS TO PUBLIC WHICH CONFUSES THE MARKET & PUBLIC….
rcookie says():COMPLETELY CLARIFED THE ROLE OF CBI…ITS PURPOSE & RESPONSIBILITY…WHAT ITS MEANT DO DO AND WHAT IT IS NOT…AND ACTUALLY ILLEGAL TO DO…
rcookie says():YVW!!….WOW WHAT A MORNING OF NEWS….AND JUST GETTING STARTED…
rcookie says():ALAK DESCRIBES THE ATTEMPT IN 2015 FOR BONDS THAT WAS HALTED BECAUSE OF HIGH 11% INTEREST RATES…AND STATING IRAQ DOES NOT NEED TO GET INTO IT…
DOES NOT NEED USD..NEEDS IQD BECAUSE EXPENDITURES IN STATE BUDGET IS COVERED BY DINAR…SO…THEY RESORTED TO RECENT LOCAL NATIONAL BONDS IN IQD..
rcookie says():AND……LISTEN CAREFULLY..
rcookie says():AFTER US & WB OFFER GUARANTEE FOR BONDS…DRAMATIC BENEFIT OF ISSUING BONDS TO INTERNATIONAL MARKETS!!!!!!!……….WHOOOOOOOPOW!!!!!!
rcookie says():DID YOU HEAR THAT!!!!!…………..
sassy says():dang that sounds awesome yay
sagecanyon says():Thunder and Lightning!
_firefly_ says():Now why would the WB guarantee International Bonds !
rcookie says():SO HE IS TALKING ABOUT $2 BILLION BOND PROGRAM IN JUNE!!!!!…..WHICH IS ALSO IN THE EXISTING 2016 BUDGET…………….
sassy says():Rcookie love international
dale says():Rcookie : Rockin !!!
_firefly_ says to larrykn():GM buddy 🙂
_firefly_ says to larrykn():I gave you guys the Bonds run down last week and ….. voila !
rcookie says():AND STATES THAT IF INTEREST RATES SUITABLE CONTINUE OFFERING OTHER BONDS…DEPENDENT ON MARKET CONDITIONS AND TERMS……….BOULYAAAAAAH!!!!!!!!!!
_firefly_ says to rcookie():Nice xatch brother 🙂
_firefly_ says to rcookie():This go round IMO, THEY WILL NOT FAIL
rcookie says to _firefly_():LOOK WHAT HE SAYS ABOUT THE INSTABILITY OF THE IQD…..THIS IS WHAT HOLLYS CONTACTS COMMENT ON ALMOST EVERY DAY….AND HEARING RIGHT FROM HIM….
rcookie says():Roudao: What is the reason for the instability of the Iraqi dinar?
Keywords: reserve central bank is affected by spending the government directly, and if the government is spending more than revenues, the borrowing process to cover the deficit, and this borrowing, which reached today to the large sums of money meant indirectly is pumping cash into the market,
there are other factors influenced by exchange rate , a juvenile political and security developments, the situation of stability has a direct impact on exchange rates, and watched the dinar exchange rate in recent instability, where he gave a letter in which a kind of anxiety and fear for the Iraqi people.
http://www.dinarupdates.com/showthread.php?34538-Keywords-We-have-reached-agreement-with-Kurdistan-Region-open-central-bank-in-Erbil&p=152326#post152326
_firefly_ says to rcookie):Yeah … love it. Is Alak playing ball ?
_firefly_ says to rcookie():Me thinjs so
_firefly_ says to rcookie():thinks
_firefly_ says to rcookie():I think Abadi has made it quite clear on the fate of those that don’t
rcookie says():GOV’T SPENDING THAT EXCEEDS REVENUES EQUALS BORROWING TO COVER DEFICIT WHICH HAS OBVIOUSLY GROWN TO SUSTANTIAL LEVELS…
INDIRECTLY PUMPING CASH INTO MARKET…BUT OTHER FACTORS INFLUENCE EXCHANGE RATE…”JUVENILE” POLITICAL AND SECURITY DEVELOPMENTS CREATE INSTABILITY IMPACT EXCHANGE RATES (AND ISX)….
rcookie says():HE MENTIONS $7 BILLION SLATED FOR 2016….(6.4 BILLION IN JUNE)…AND CONFIRMS KURDS 17% SHARE OF SBA LOANS…
rcookie says():HE OUTLINES EXTENSIVE HIGH LEVEL MEETINGS WITH KURDS TOWARD CBI ROLE IN THE REGION & DEVELOPMENT OF REGIONAL BANKING SECTOR & INSTITUTIONS AND PROVIDE LEGAL…FINANCIAL…REGULATORY AND SUPERVISORY ACTIONS TO COVER THE REGION…
gracie says():great news. getting so exciting. Do they have to have a rate for international bonds?
rcookie says():HE OUTLINES HAVING A CENTRAL BANK IN KURDISTAN WILL SIMPLIFY AND PROVIDE PROPER FRAMEWORK TO OVERSEE BANKING & FINANCIAL INSTITUTIONS IN KURDISTAN REGION…
AND THIS NEW CENTRAL BANK WILL CARRY FULL AUTHORITY..SPECIFICATIONS…REQUIREMANTS OF CENTRAL BANK AS SUCH…….
rcookie says to gracie():NOT YET….BUT ITS COMING…….
rcookie says to gracie():AT A THEATER NEAR YOU WITH STRENGTH OF US AND WB GUARANTEES…………..BOULYAAAAH!!!!
gracie says():wwhoohoo
thenextbigidea says():RCookie and Firefly: So if they release international bonds, would you consider buying them? Why or why not?
pizzaman says():GM RCookie…great news!….thanks again IYO do you think Keywords is playing ball with the Abadi team now instead of his old Maliki club?
rcookie says to pizzaman():YES…I ABSOLUTELY DO…
rcookie says():LOL….PESHMERGA ARE LIKE PHILLY COPS….
diane1 says():BAGHDAD — A wave of car bombings struck Iraq’s capital Tuesday, killing at least 58 people and wounding up to 130 others.
Twenty-five people were killed and 50 wounded when a mini-bus laden with explosives detonated in Sadr City, a Shiite area in eastern Baghdad, a police source told NBC News.
Meanwhile, at least 28 people were killed by a car bomb at an outdoor market in a northeastern Shiite-dominated neighborhood of Shaab, a police officer told The Associated Press, adding that up to 65 were wounded.
Image: The aftermath of a bombing in a marketplace in Baghdad
The aftermath of a bombing at a marketplace in Baghdad’s Shaab district on May 17, 2016. WISSM AL-OKILI / Reuters
A third car bombing at a fruit-and-vegetable market in Baghdad’s southern Dora neighborhood also killed at least five people and wounded 15 others.
No one immediately claimed responsibility for either of the attacks, which bore the hallmarks of ISIS.
The blasts follow the bloodiest week in Baghdad this year. ISIS claimed a series of bombings in and around the capital last week that killed 100 people and sparked popular anger against the government for failing to ensure security.
rcookie says():An attack on one of the staff of the House of Representatives due to altercation
17-05-2016 10:49 AMAn informed source said on Tuesday that he was attacked openly by the regiment to protect the Peshmerga charged with protecting the parliament building, the one council officers severely beat because of a verbal argument about the uniforms, and the tightening of procedures and restrictions on the staff.
http://www.dinarupdates.com/showthread.php?34539-An-attack-on-one-of-the-staff-of-the-House-of-Representatives-due-to-altercation-5-17&p=152329#post152329
rcookie says():GOT A SECOND LUMPING CAUSE HE DIDNT LISTEN THE 1ST TIME…….
rcookie says():HOW DO YOU LIKE MY UNIFORM NOW!!!!!……….
diane1 says to clay():Thunder & lightening here early this morning, other than that i am great i will be even better if the GOI/CBI or the HOLY GHOST would just do their thing!
thenextbigidea says():RCookie and Firefly: So if they release international bonds, would you consider buying them? Why or why not?
pizzaman says to rcookie():Thank you. It appears so…there were previous allegations as to whether Keywords was qualified….any thoughts on that?…his statement’s seemed to be credible
clay says to Baxter():(lol) their always mad
rcookie says to pizzaman():AGREED…
Baxter says():Yep… seems that way
Holly1 says():Announces receiving a loan from the IMF $ 13 billion
Tuesday , May 17 , 2016 Alsumaria News / Baghdad got Iraq, Tuesday, on loan from the IMF worth $ 13 billion with interest estimated at 1.5 percent. State television said in a flash I followed, Alsumaria News, said that “Iraq happened, today, a loan from the International Monetary Fund worth $ 13 billion and interest of 1.5 percent.”
He said the governor of the Iraqi Central Bank on the Keywords, in (January 2016 14) that the loans obtained by Iraq from the IMF and the World Bank from the right. Iraq is seeking recently to borrow from the International Monetary Fund to plug the shortfall in the budget for the current year, which amounts to 25 trillion dinars, after the fall in oil prices to low levels amounted to less than $ 30 per barrel
david334 says to Holly1():Sorry Holly so is that loan , had to be $13 billion, not $14 or some other number. Does that mean they are totally compliant? Is this what we have been waiting for?
Holly1 says to david334():I just bring news in and hope its great for us …. maybe Rcookie can answer the ? for you …(F)
rcookie says to david334():THEY HAVE AND ARE ACHIEVING COMPLIANCE FOR THEIR SMP (STAFF MONITORED PROGRAM)…WHICH MADE THEM ELIGIBLE FOR THIS SBA (STAND BY ARRANGEMENT) LOAN….
_firefly_ says to rcookie():The federal government agrees to open a central bank in Arbil
_firefly_ says():Written by : saadin:May 17, 2016 Nur News / Baghdad
announced the Governor of the Central Bank of Iraq on the Keywords, on Tuesday, the federal government agreed to open a central bank in Erbil.
Keywords and said in a press statement, child “Nur News”, that ” the federal government held talks with the President of the Kurdistan Regional Government Nechirvan Barzani , as it was agreed to open acentral bank in the region has all the requirements and specifications, and be part of the central bank.
_firefly_ says():So much for the Kurds breaking away lol
rcookie says to Holly1():BECAUSE OF THE AGREEMENT & ANNOUNCE MENT FOR CENTRAL BANK OPENING IN ERBIL….
rcookie says():Asadi: Iraq worth the sacrifice of some officials for him and submit their resignations
Tue, 17 May 2016 07:53:42
Chairman of the Islamic Dawa Party – Iraq Organization Bloc Khalid al – Asadi said Iraq is worth the sacrifice of some officials for him and offer their resignations away from lineups or Altakndqat or break the wills.
Asadi in an interview with Sama Baghdad , stressed the need to resolve the political problems that can be solved only through dialogue and understandings between the political parties, indicating that it should be that everyone is keen to resolve the problems of the country in accordance with the legal and constitutional paths.
He added: Those involved in public affairs that brought sacrifices deserve the country and if necessary to make some officials and Almtsidin resigned to the fact that Iraq is worth it when going through the security and economically precarious conditions, stressing that it should be that dealt with things hold such ways away from lineups or Altakndqat or break wills .
This announced the Kurdistan Alliance, on Monday, a boycott of his deputies to the Council session scheduled for Tuesday overall House of Representatives, while attributing the cause to the continued security breaches in the capital Baghdad and the absence of protesters Representatives for parliamentary sessions.
He said coalition member Sirwan Abdullah in a press statement that ” the Kurdish leadership has instructed the heads of political blocs Kurdistan Alliance not to resume the Council of Representatives, as well as for a boycott of the overall session called by Saleem al – Jubouri and scheduled for Tuesday . ”
http://www.dinarupdates.com/showthread.php?34540-Asadi-Iraq-worth-the-sacrifice-some-officials-for-him-and-submit-their-resignations&p=152330#post152330
daytrader says to rcookie():Confusing. Thought the Kurds had agreed that they had to be at the next HOR session. Asadi is saying something totally different.
rcookie says to daytrader():BARZANI HAS DIRECTED KURDS TO RETURN…EVEN STATEMENTS THIS MORNING IN MEETINGS WITH MASSUD..
daytrader says to rcookie():Was Abdullah that said the Kurds were not coming. He’s a Kurd. Still confused.
thenextbigidea says():Can anyone give me your opinion on this question? So if they release international bonds, would you consider buying them? Why or why not?
daytrader says to rcookie():I read that Barzani had directed the Kurds to attend, but think there was one of the Kurdish parties that was still trying to hold out. Couldn’t find out which party Abdullah belonged to.
daytrader says to thenextbigidea():I’m far more interested in the ISX, as I think the growth of their market will outpace the bond returns by incrediblty significant margins.
rcookie says to thenextbigidea():I DONT GIVE INVESTMENT ADVISEMENT OR OPINION..SORRY
rcookie says():Cabinet held its meeting under the chairmanship of Abadi
PM: 12: 55: 17/05/2016 Khandan Khandan – hold the Iraqi cabinet on Tuesday its regular headed by Prime Minister Haider al-Abadi.
Ebadi’s media office said in a brief statement, the cabinet held its regular meeting chaired by Prime Minister Haider al-Abadi.
It was Saad al-Hadithi, a spokesman for the Information Office of the Prime Minister, announced on the fifteenth of this month in a statement, about what was raised recently from the clamor on the participation of deputy ministers in the Council of Ministers, said that the rules of procedure of the Council of Ministers stipulated in Chapter II Article -5- secondly on : –
(for the President of the Council invited sees presence of advisors or general managers or any employee in the state of domestication their opinions on the issues presented within the agenda of the Council). As paragraph III of the same article: – (not those who attend the meetings of the Board of the non-members right vote).
He Hadithi it on that basis, issued guidance in the Cabinet meeting a few months ago has been emphasized in the last meeting of the Council of Ministers to attend the agents to sessions for the domestication of their views on the topics on the agenda for this purpose exclusively and not for the purposes of the vote or quorum.
http://www.dinarupdates.com/showthread.php?34544-Cabinet-held-its-meeting-under-the-chairmanship-of-Abadi-5-17&p=152336#post152336
rcookie says():WOW…….7.2% GROWTH AND HOVER AT 5% FOR NEST FEW YEARS………..AND INFLATION UNDER 2%!!!!!…..WOW!!!……
_firefly_ says():Follow the money folks 🙂
larrykn says to _firefly_():what is the growth of the USA now,,,,.5%
clay says to _firefly_():(y) GM bro thanks for that gives one hope
firefly_ says
http://www.worldbank.org/en/country/iraq/publication/economic-outlook-spring-2016
thenextbigidea says():That is amazing growth in a short period of time.
firefly_ says():So is Alak playing ball ????
_firefly_ says():Just maybe !
larrykn says to _firefly_():you think 🙂
_firefly_ says to larrykn():All indicators point to an affirmitave 🙂
rcookie says():13% INCREASE IN OIL SECTOR…AND 14.5% DEFICIT BEING FINANCED THROUGH IMF & WB LOANS…GDP UP 2.4% AND INFLATION 1.4%..(IS AT AROUND 1.8% NOW)
rcookie says():POVERTY AT 22% AND 41% IN ISIS CONTROLLED GOVERNATES…
_firefly_ says():News PRESS RELEASE
World Bank Raises 2016 Oil Price Forecast, Revises Down Agriculture Price Projections
_firefly_ says():Oil prices seen rising as oversupply diminishes
WASHINGTON, April 26, 2016— Amid improving market sentiment and a weakening dollar, the World Bank is raising its 2016 forecast for crude oil prices to $41 per barrel from $37 per barrel in its latest Commodity Markets Outlook, as an oversupply in markets is expected to recede.
The crude oil market rebounded from a low of $25 per barrel in mid-January to $40 per barrel in April following production disruptions in Iraq and Nigeria and a decline in non-Organization of the Petroleum Exporting Countries production, mainly U.S. shale. A proposed production freeze by major producers failed to materialize at a meeting in mid-April.
rcookie says():AND AMIDST FIGHTING THE LARGEST WAR ON TERRORISM IN HISTORY…HUGE MILITARY EXPENDITURES…AND AN ARTIFICIALLY OPPRESED CURRENCY…AND INT’L DISENGAGED BOURSE…
david334 says():Why do they keep talking about the oil shock. have they read the papers brent going to hit $50 and the US economic indicators were decent people are not spending but they are driving. Oil is only going to go higher IMO
_firefly_ says():“We expect slightly higher prices for energy commodities over the course of the year as markets rebalance after a period of oversupply,” said John Baffes, Senior Economist and lead author of the Commodities Markets Outlook. “Still, energy prices could fall further if OPEC increases production significantly and non-OPEC production does not fall as fast as expected.”
All main commodity indexes tracked by the World Bank are expected to decline in 2016 from the year before due to persistently elevated supplies, and in the case of industrial commodities – which include energy, metals, and agricultural raw materials — weak growth prospects in emerging market and developing economies.
Energy prices, including oil, natural gas and coal, are due to fall 19.3 percent in 2016 from the previous year, a more gradual drop than the 24.7 percent slide forecast in January. Non-energy commodities, such as metals and minerals, agriculture, and fertilizers, are due to decline 5.1 percent this year, a downward revision from the 3.7 percent drop forecast in January.
Metals prices are projected to fall 8.2 percent in the coming year, less than the 10.2 percent drop forecast in January, reflecting expectations of stronger demand growth by China. Agriculture prices are forecast to fall more than projected in January in what is expected to be another favorable harvest year for most grain and oilseed commodities. Agricultural commodities prices are also pulled down by lower energy costs.
_firefly_ says():Metals prices are projected to fall 8.2 percent in the coming year, less than the 10.2 percent drop forecast in January, reflecting expectations of stronger demand growth by China.
_firefly_ says():Low commodity prices are undermining growth prospects for many resource-rich countries that experienced a surge in exploration, investment, and production during the commodities boom of the 2000s. Countries that have borrowed and invested heavily in anticipation of faster growth may struggle to service their debt and sustain investment when growth disappoints as a result of lower commodity prices, a special feature of the Commodity Markets Outlook says.
With oil and metals prices today 50 percent to 70 percent lower than their early 2011 peaks, natural resource development projects have already been put on hold or delayed in several emerging and developing countries.
“These project delays can adversely affect countries that can ill-afford such setbacks,” said Ayhan Kose, Director of the World Bank’s Development Prospects Group. “Greater transparency, improved government efficiency and improvements in macroeconomic frameworks could soften such disruptions. Countries may prefer to wait for prices to start rising again before launching new natural resource development initiatives.”
david334 says():This MENA report is written by economists who couldn’t forecast the time they going to bed.
_firefly_ says():The World Bank’s Commodity Markets Outlook is published quarterly, in January, April, July and October. The report provides detailed market analysis for major commodity groups, including energy, metals, agriculture, precious metals and fertilizers. Price forecasts to 2026 for 46 commodities are presented along with historical price data.
_firefly_ says():http://www.worldbank.org/en/news/pre…ce-projections
rcookie says():GREAT REPORT FIRE!!!….AND REMEMBER THOSE NUMBERS ARE WITHOUT GOOD PORTION OF THE YEARS ECONOMIC AND FINANCIAL REPORTING FROM RAMADI…FALLUJAH AND MOSUL…..COMPLETELY AMAZING
Dr Dave says():morning all….. things considered it is surprising that their economy is doing great, but politically I read problems regarding dress code in parliament…..yeesh
_firefly_ says to rcookie():EXACTLY
rcookie says():AND SOMETHING IMF & WB HAVE ACCOUNTED FOR IN REVIEWS….MENTION CONSISTANTLY…
rcookie says():Cabinet held its meeting under the chairmanship of Abadi
PM: 12: 55: 17/05/2016 Khandan
Khandan – hold the Iraqi cabinet on Tuesday its regular headed by Prime Minister Haider al-Abadi.
Ebadi’s media office said in a brief statement, the cabinet held its regular meeting chaired by Prime Minister Haider al-Abadi.
It was Saad al-Hadithi, a spokesman for the Information Office of the Prime Minister, announced on the fifteenth of this month in a statement, about what was raised recently from the clamor on the participation of deputy ministers in the Council of Ministers, said that the rules of procedure of the Council of Ministers stipulated in Chapter II Article -5- secondly on : –
(for the President of the Council invited sees presence of advisors or general managers or any employee in the state of domestication their opinions on the issues presented within the agenda of the Council). As paragraph III of the same article: – (not those who attend the meetings of the Board of the non-members right vote).
He Hadithi it on that basis, issued guidance in the Cabinet meeting a few months ago has been emphasized in the last meeting of the Council of Ministers to attend the agents to sessions for the domestication of their views on the topics on the agenda for this purpose exclusively and not for the purposes of the vote or quorum.
http://www.dinarupdates.com/showthread.php?34544-Cabinet-held-its-meeting-under-the-chairmanship-of-Abadi-5-17&p=152336#post152336
Dr Dave says():not much news on what happened in the HOR….other than someone getting beat up
Dr Dave says():over uniforms………
rcookie says to Dr Dave():DONT MESS WITH OR GIVE LIP TO PESHMERGA!!….
Dr Dave says():they want 50 percent of Mosul…….too
Dr Dave says():?
_firefly_ says to Dr Dave():They’re running out of excuses lol
Dr Dave says():took the words out of my mouth firefly
_firefly_ says()::) _firefly_ says():Watch the IMF folks !
_firefly_ says():They laid out the road plan in the LOI.
Dr Dave says():I was being nice…and got booted
rcookie says():IRANIAN VISITORS TO IRAQ RISE BY 40%……..
_firefly_ says to rcookie():WOW (y)
rcookie says():INTERIOR MINISTRY CLARIFES THAT HASHEMI REMOVAL FROM INTERPOL RED LIST IN NO WAY REMOVES HIS WANTING BY JUDICIARY…..
gracie says to _firefly_():is it possiable for you do bring that plan in again? THanks
daytrader says to gracie():
Here is the link for the MOU/LOI. http://www.imf.org/external/np/loi/2015/irq/122215.pdf
viacuda says to rcookie():What does this exactly mean, Parliamentary Finance rejects the dictates of the International Monetary Fund
viacuda says to rcookie():They rejected demands that the IMF asked for?
rcookie says():Cabinet approves the draft , ” the Supreme Judicial Council” and transmits it to Parliament
17/05/2016 15:53 Number of Views: 186
The Cabinet, at its regular meeting held on Tuesday, the draft, “the Supreme Judicial Council,” the trick then to the House of Representatives for the purpose of voting on it.
According to a statement of the Council, he received “Tomorrow Press”, a copy of it, that “the Council of Ministers held its regular meeting today, chaired by Haidar al-Abbadi, and Abadi said during the meeting, that in spite of the many challenges faced by the country,
but the security forces are investigating victories and liberate the land and started yesterday editing operations humid city and Snzv Bushra where victory soon to complete the liberation of all occupied by terrorist gangs. ”
The statement added, “The Council also earned victories Park and support the security forces, which is locked in honor against terrorist gangs fighting, calling on everyone to support the actual contribution of these forces to sustain the momentum of victories and edit every part of our territory.”
He said the Council of Ministers, according to the statement, to “acts of terrorism and address the security and intelligence agencies have, where the climb enemy of his crimes against innocent citizens whenever suffered defeats in the land of confrontation with our fighters heroes,” discussing “the subject of the displaced, where he was directing the Ministry of Finance to speed up the release of the displaced allocations and especially as we are embarking on the holy month of Ramadan. ”
The directive was to speed up the return of displaced persons to the liberated areas and the emphasis on the ministries concerned to provide the necessary to bring them back to their areas supplies and pricing efforts in re-displaced people in the provinces of Salahuddin, Diyala and Anbar, according to a statement of the Cabinet.
The statement continued, “The Council of Ministers discussed the implications of developments in the Diyala province, and to emphasize the directives of the Commander in Chief of the armed forces to maintain security in the province and not to use the security services in the political conflict.”
http://www.dinarupdates.com/showthread.php?34546-Cabinet-approves-the-draft-quot-the-Supreme-Judicial-Council-quot-and-transmits-it-to-Parl&p=152339#post152339
rcookie says to viacuda():ABSOLUTELY NOT….THATS ALMOST FUNNY!!…..
rcookie says to viacuda():SO ABADIS COUNCIL SESSION MEETS FOR DRAFT APPROVAL SUPREME JUDICIAL COUNCIL….NOT FOR PURPOSE OF QUORUM OR VOTE….
rcookie says to viacuda():WILL BE SENT TO HOR….ADDRESSING TERRORISM CRIMES AGAINS THE PEOPLE…AND SPEEDING UP OF DISPLACED ALLOCATIONS BY MOF BEFORE COMING UPON RAMADAN…
rcookie says to viacuda():OOPS..SORRY..
gracie says to daytrader():thanks
rcookie says():BUT HAVE A BIG AFTERNOON SMILE…………….
rcookie says():AS IF THERE HASNT BEEN ENOUGH TODAY ALREADY…
rcookie says():HERE GOES….READ CAREFULLY……
rcookie says():Iraqi private banks association was discussing with the Central Bank of ways of activating the small and medium-sized Enterprise Fund
05-17-16 Economy News:
Examined the Iraqi private banks association with the Central Bank of Iraq on Tuesday ways of activating the small and medium-sized Enterprise Fund as well as Alamuralta belong to the member banks work in the association.
As it touched on during the regular meeting, who represented the central bank as General Manager of Banking Directorate and credit Ihsan Yasiri with such Association Executive Director Ali Tariq ways to promote liquidity in the private banks and to attract deposits and strengthen the mechanisms of verification in private banks for customers wishing to open a credit or transfer funds out of Iraq
The representative of the Central Bank of Iraq at the meeting expressed the intention of the bank to issue prepaid cards for travelers to foreign Toviralamlh them.
http://www.dinarupdates.com/showthread.php?34550-Iraqi-private-banks-assoc-discuss-with-CBIf-activate-SME-fund-5-17&p=152344#post152344
_firefly_ says():LOI – The government intends to make public the content of the IMF staff report, including this letter, the attached MEFP, the TMU, and the informational annex of the staff report. It therefore authorizes the IMF staff to publish these documents on its website once you have approved this Staff-Monitored Program.
_firefly_ says():Understand what you are reading here folks
rcookie says():SO IRAQI PRIVATE BANK ASSOCIATION TARIQ & CBI YASIRI DISCUSS ACTIVATING SME FUND….PROMOTE LIQUIDITY IN THE PRIVATE BANKS…
ATTRACT DEPOSITS AND STRENGTHEN PRIVATE BANK MECHANISMS FOR CUSTOMERS WISHING TO OPEN CREDIT OR TRANSFER FUNDS OUT OF IRAQ…….AND THE INTENTION TO ISSUE PREPAID CARDS FOR TRAVELERS TO FOREIGN……
_firefly_ says():It therefore authorizes the IMF staff to publish these documents on its website once you have approved this Staff-Monitored Program.
_firefly_ says():It therefore authorizes the IMF staff to publish these documents on its website once you have approved this Staff-Monitored Program.
_firefly_ says():once you have approved this Staff-Monitored Program.
daytrader says to rcookie():Wouldn’t think they would need a prepaid card post international acceptance of the IQD. They would be able to use a conventional CC.
rcookie says to daytrader():NOT UNTIL THEY ESTABLISH CREDIT……
daytrader says to rcookie():Got it. Thanks
rcookie says to daytrader():THEY ARE PROMOTING & STRENGTHENING MECHANISMS FOR CREDIT VERIFICATION AND CAN USE PREPAID IN THE INTERIM……..WOW!!!!
daytrader says to rcookie():They’ve been covering a lot of bases in prep for the “big day”.
rcookie says to daytrader():YES THEY HAVE…
Pablo says():Any word on whether they have voted in the rest of the cabinet?
rcookie says():THEY NEED TO BE IN SESSION AND QUORUM…
Pablo says():I thought they had that.
Pablo says():Yep.
rcookie says():SO…OPPONENTS OF IRAQS $15 BILLION SBA LOANS ARGUE THAT THE OVERSIGHT AND FINANCIAL CONTROL REQUIRED…UNDERMINES IRAQS NATIONAL SOVEREIGNTY….
ABSOLUTELY HILARIOUS!!!….RIGHT….THE FISCAL DISCIPLINE BEING DEMANDED OF YOU IN ORDER FOR ATTAINMENT OF CRITICALLY NEEDED DEFICIT BRIDGING PURPOSES UNDERMINES IRAQS NATIONAL SOVEREIGNTY….
BUT THE MULTI GENERATIONAL RAMPANT CORRUPTION…AND PILLAGING OF STATE FUNDS…ON GOING SECTARIAN DIVISIVENESS..POLITICAL CHAOS…FAILURE TO MOVE FROM OIL DEPENDENCE…
ALL HAVE NOTHING TO DO WITH YOU NATIONAL SOVEREIGNTY FAILURE …AND REPUTATION AND RANKING AS THE MOST CORRUPT ON THE PLANET……..THESE PEOPLE NEED TO BE CHEMICALLY ALTERED SO THEY CANT REPRODUCE…
Pablo says():More like undermines the bad guys control.
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