Chat Room – Excerpts & Highlights
rcookie says to where’sthebeef():FIRSTLY….NEITHER MR WHITE NOR I (OR ANYONE IN THIS ROOM) HAS EVER INFERRED A DATE OR RATE……DONT KNOW YOUR AGE…BUT…PERHAPS YOU SHOULD EXAMINE THE ADAGE OF “ASSUME”…
WE BRING IN THE NEWS AND EVENTS AS THEY UNFOLD DAILY…
AND TRY TO TRANSLATE AND BRING CLARITY AND UNDERSTANDING TO THE COMPLEX POLITICAL..SOCIAL..AND ECONOMIC ISSUES THAT RELATE TO THIS INVESTMENT…..
TGE LOTTERY TICKET LOOKING FOR A DATE & RATE **** NEEDS TO STOP YESTERDAY…..
david334 says to rcookie():rcookie are u refering to the article? Why would the WB by pass Baghdad when they just set a CBI regional branch in Erbril. Changing poilcy at the eleventh hour? Thought we wanted a unified country.
rcookie says to where’sthebeef():THE EXACT VERBIAGE VER BATIM IS EXACTLY WAS HAS BEEN PURPORTED AND USED AS BASIS OF IMF OVERVIEW…
AND CORRELATION TO THE UNDERLYING RELATIONSHIP TO THE LETTERS OF INTENT…MEMORANDUM OF ECONOMIC * FINANCIAL POLICIES AND TECHNICAL MOUS SINCE 2011…
AS WELL AS THE STAFF MONITORED PROGRAM WHICH LEAD TO THE CURRENT $25 BILLION STAND BY ARRANGEMENT….IMF/WB METAC WORKSHOPS….20Q
~~~
where’sthebeef says():No cookie, you have got to be kidding me.. I brought that to you in private chat, and said nothing negative. I can’t believe you would bring this out on the site. childish at best. I can guarantee you that 97% of all members that follow your and white, took the statement that yall have been pushing from the IMF “mid-2016” as meaning a rate increase.
NEVER once was it said by either of you that it meant, “Iraq will enter the global markets, but mid 2016 “and we hope that brings the rate increase”. Never. If anyone ever quesiotned anyting, it was alwasys thown out to them “just look at what the IMF said, Who knows iraq better you orIraq”?
It was only about 2 weeks ago was it ever mentioned by you are white that it means “entering into the global markets, but not necceserly a rate increase. The funny thing is, is it really doesn’t bother me. I was only asking you if you agreed with white.
I then just gave my opinion “IN PRIVATE CHAT”, that maybe that should have been said from the beginning so the members were not hanging their hat on a rate increase by mid 2016, like everyone was.. sheesh
rcookie says to where’sthebeef():2016 BUDGET LAW VERBIAGE…WPRLD BANK CEMEX REPORT ON ECONOMIC DEVELOPMENT & TRANSITION…ARTICLE VIII OBLIGATION PROCESS AND STATUS AND WTO ACCESSION STEPS & STATUS……
rcookie says to where’sthebeef():NO BEEF……THAT IS EXACTLY WHY I MADE PUBLIC….
rcookie says to where’sthebeef():SORRY FOR THE NEWS FLASH…BUT NOT A LOTTERY TICKET…ITS AN INVESTMENT…A SPECULATIVE INVESTMENT……
david334 says to rcookie():Whats the hub bub Mr White said he believes they will add value to the Dinar and said take that end of June time line and throw it out. I believe BGG was also constructive.
Thats all anyone can say. If the article is true that the WB is bypassing Baghdad now thats a potential wrench. The leaders of the site have been very constructive and the case is sdtrong but there are never guarentees. The other blog members must be confused I am as to why the hostile exchage.
where’sthebeef says():No, I never bought into the mid-2016 buzz. But I can tell you this cookie. If the members here are going to be honest, I can tell you 97% of them took what you were saying about the mid-2016 statement as meaning a rate increase. that is fact, unless people won’t be honest about.
Also cookie I have been in this way to many yeas to know it’s not a lottery ticket..that’s a funny statement though. I said nothing that was wrong. Everything I said is correct, and that is how most if not all took it.
rcookie says to where’sthebeef():THAT ALIGNMENT OF IMF STATEMNTS AND SUBSEQUENT INTERNATIONAL AGENCY REPORTS AND INITIATIVES IS WHAT WE REFERENCE AND CORRELATE NEWS AND EVENTS WITH…NOT UNAMED SECRET SOURCES IN CBI OR IN UST OR GOV’T AGENCIES….
JAMVOX says():where’s the beef (y)
chickadee says to where’sthebeef():(y)
rcookie says to where’sthebeef():BEEF….YOU ARE CERTIFIABLE!!!!!….I HAVE PAINSTAKINGLY AND REPEATEDLY TOLD ALL MEMEBERS OF THIS ROOM THAT IF ANYONE PURPORTS TO KNOW DATE OR RATE…OR KNOW SOMEONE WHO DOES TO RUN AWAY LIKE YOUR HAIR IS ON FIRE……
where’sthebeef says to rcookie():Not sure what you mean by unamed sources in cbi or ust agencies. I love where we are at right now. I think we are in a great place and have thought that for some time. I am a believer. LOL, I brought something to you in “private chat”, and that was all. You brought that out to the site, for some unknown reason.
movack says():where’s the beef (y)
rcookie says to where’sthebeef():THERE WILL NEVER….EVER…..EVER….BE A TELEGRAPHING AS TO A WINDOW OR TIMEFRAME AS TO A VALUE CHANGE TO IQD……EVER………
david334 says to rcookie():Wwmawhite said Abadi would not go infront of the G7 recieve all the pledges for lines of credit with a rate of.00065 he would be laughed off the stage .
rcookie says to where’sthebeef():HEY BEEF DOES THAT LOOK AND SOUND FAMILIAR TO YOU….
where’sthebeef says to rcookie():Again, most if not all members completely took the statement that you and white were promoting from the IMF as meaning a rate increase. Good Lord, that has been the narrative by everyone in chat for 6 months. lol, again I only brought this to you in private chat. I just made a suggestion to you in “private chat”. you brought it to the group.
where’sthebeef says to rcookie():I am very grateful for the researchers
popeye7 says():I think that where’sthebeef is basically declaring what most are thinking as it concerns the mid-year… There has been a buildup of sorts, and many are hoping for this to come to fruition in the near future…
With all of the progress that has been made, and all of the compliments that have been given by the IMF, World Bank, ect to their willingness to accomplish what has been ask, one would assume that the next step would be an increase in the value of Iraq’s currency… Lets not argue this… It is not worth it, and lets continue to try, and be civil without name calling…
david334 says to rcookie():Okay thanks usually the Baghdad gets testy about circumvention. Appreciate it
rcookie says to popeye7():THEY HAVE DONE EVERYTHING THEY HAVE BEEN MANDATED AND SET OUT TO DO……..AND POPEYE CORRECT THAT WOULD BE THE NEST STEP GIVEN THEIR ARTICLE VIII OBLIGATION STATUS AND POSITION…
chickadee says():Did they get the article VIII?
popeye7 says to rcookie():Right on… It could very well be after June of this year… We will see… No one really knows… But we can hope… But the progress has been great… Thanks for your research…. And for everyone who has been working to make this site the best… Much appreciated… (y)
JAMVOX says():one thing right…….. “No one really knows”
rustynail says():YO anyone who don’t appreciate the wh
rcookie says to popeye7():THAT IS EXACTLY RIGHT POPEYE…NO ONE KNOWS…AND IF THEY MAINTAIN THEY DO……….RUN AWAY!!!
david334 says to rcookie():No that would be ridiculous. That disfunctional government is still the same, the presure to clean house is building but there is some wood to chop. Personel wise and ministry wise. Like Alak, the auctions the lack of a technocratic government etc etc
david334 says to rcookie():Maybe its resolved by the end of june maybe not but at some point it will get done in the near future. All this money getting lent is based on repayment which calls for a fair value. the fair value also allows the economy to grow purchasing power helps build power plants. However this banking transition is complicated
chickadee says():okay now I am really confused thats for sure. Just when I start understanding proof it is changed. 😎
rcookie says to chickadee():????
JAMVOX says():David334 the money loaned is in either dollars, euros, yuan but not dinars. Thus fair value of the dinar has nothing to do with repayment. They will repay in the currency which was lent.
david334 says to JAMVOX():I understand but its the most undervalued curreny in the world therefore repayment is far more difficult because no one recogizes the value bersus country fundamentals. Would you want to be paid in dinars today for a loan. I wouldn’t I would have to wait till sterling opens again and they would take a 400% spread.
jarhead says():now im lost………..again
jarhead says():oh well 😀
Woodywoodpecker says():Jar get you a good compass
david334 says to jarhead():I am saying that the asset value or future value once they crush corruption is huge. Why did Obama life the embargo on Vietnam for weapons purchases if their currency will remain worthless? As an example. These groaaly mispriced currencies will be adjusted . Hopefully sooner than later.
Pablo says():Yeah, something’s going to have to happen with Vietnam pretty soon.
JAMVOX says():No one makes loans based on what a currency may or may not be in the future.
david334 says to JAMVOX():Last comment . This $2 billion bond deal I think its Euro’s will be repayed in Euro’s but the dinar/euro conversion rate is a tad out of whack at this moment.
Investors probably consider that when buying the deal. The credit rating reflects how wealthy the issue is or his ability to repay. So I am assumi g if that deal happens the dinar will have to be higher. Or a 100% US EU guarentee would work as well. Politically not great.
JAMVOX says():The dinar/euro conversion rate has nothing to due with the deal.
Pablo says):Whish we could see an RV today. 🙂
MrsBGG says to Pablo():Enjoying the journey 🙂
Pablo says():Journey is taking too long.
MrsBGG says to Pablo():We are blessed 🙂
jarhead says():yes at least we’re in it 🙂
rcookie says():Businessmen Union in Basra starts with the founding of the largest joint-stock company in the province
Wrote: June 2, 2016 Basra province
Iraqi Businessmen Union in Basra announced, on Thursday, he began the first steps of the founding of the largest joint-stock company in the province hundreds of business involving, among the company was going to open its own bank.
The head of the Union Sabih Habib al-Hashemi said in a statement, said that “at least 500 businessmen optical mostly have only regional decided to participate in the establishment (United Basra company) which will be the largest joint-stock company in the province,” noting that “the capital of the company at its founding will not be less than 100 billion dinars, and when capital rises to 250 billion dinars will create a bank that cares about the financial transactions of the company. ”
He Hashemi that “the establishment of the company action at an advanced stage, and when the shares put up for sale during the IPO meeting of the year will be the business participants to the project to buy the most part, and the remainder will be available for those who wish of the people of Basra,” he said,
adding that “the company does not define itself in the business sector certain, but will be strongly active in various sectors, including construction and the building industry and tourism, where it plans to implement a package of investment projects, in addition to the implementation of projects contracted with the local government in the province. ”
http://www.dinarupdates.com/showthread.php?35347-Businessmen-Union-in-Basra-starts-founding-of-largest-joint-stock-company-in-province&p=153569#post153569
jarhead says():dont seem like much money until the rate goes up…idk
JD1 says():wow mr cookie i never heard you or mr white call date or rate just fact’s that take us there thank you for all you do no hype fact’s only
subgirl says to rcookie():Businessmen Union in Basra starts with the founding of the largest joint-stock company in the province
subgirl says to jarhead():but just wait til it revalues!!!!
jarhead says():cant !!!
subgirl says to jarhead()me either!! cant wait! 🙂
rcookie says():SO A PROVINCIAL FUND COMPRISED OF 500 BASRA COMPANIES TO BE NAMED UNITED BASRA COMPANY…
TO BE LARGEST JOINT STOCK COMPANY IN THE PROVINCE STARTING WITH 100 BILLION DINARS EQUITY AND AS IT GROWS TO 250 BILLION WILL ESTABLISH ITS OWN BANK TO OVERSEE COMPANY TRANSACTIONS…
AND IS SAID TO BE IN ADVANCED STAGE…AND READY FOR IPO LAUNCH….AND OPEN TO PEOPLE OF BASRA…WE READ ABOUT THIS EARLIER IN YEAR…
AND IS NOT ALIGNED WITH A SPECIFIC INDUSTRY SECTOR (OIL),,,BUT DIVERSITY OF SECTORS… TOURISM,.CONSTRUCTION..BUILDING…WOW!!! !…WOW!!!!….WOW!!!….NO THIS DOES NOT MEAN RV!!…..
puffdragon says to rcookie():Sounds like a liberal, They can only cridisize and try to tare down they cant and wont ever build anything PERIOD. Thanks to you and the other s for being PATIENT with the ungreatful so as us normal ones dont lose your insights !! (y)
jarhead says():cmon RC u aint bein fair lol
bibi says to rcookie():Thanks for the news, Rcookie. Wow!! that last article was a stunner!
rcookie says to bibi():HI BIBI…YVW…I WOULD SIGN FOR THAT IN A HEARTBEAT!!
Josie says():I love their optimism of growth from “100 BILLION DINARS EQUITY AND AS IT GROWS TO 250 BILLION.” They seem very sure of the themselves of significant ROI Nice !
Josie says():And when you read of all of the investment pouring into the Basra region with the import / export and plant investments, I can see why they are so convinced of their success 🙂
jarhead says to Josie():ggood point….i didnt see it that way
jarhead says():guess i got a stutter lol
jimplants says():basra the gateway to the new silk road billions already invested by the world bank
rcookie says to Josie():THAT IS THE MINIMUM ASSET REQUIREMENT FOR BANKS…SO WELL PLANNED AND IN THAT PROVINCE WILL BE CAKE!!…..
Josie says():The way it reads, its not just a goal of 250 Billion Dinar, they are saying that once that is achieved, it will trigger their investment in establishing their own local bank. No telling what they feel it will ultimately achieve in value
Josie says():oops, guess I typed too slow, RCookie beat me to the point
rcookie says():Zebari discuss with Stewart measures taken against Iraq in the run-credit program
Written by : mohanad in: June 2, 2016 In: Iraq News No Comments views 74 views print E-mail
Nur News / Baghdad Mr. Hoshyar Zebari, Minister of Finance, received on Thursday, Stuart Jones, US ambassador to Iraq, accompanied by Mr. Paul Brong economic adviser at the US embassy.
According to a statement received “light News,” a copy of “The meeting dealt with means take actions international financial support from Sadok IMF and the World Bank Group of Seven and the measures that should be on Iraq taken in the run-credit program, which was reached with the International Monetary Fund during the previous meetings with the Fund It was agreed on the importance of expediting the implementation of these measures in order to ensure the ease and speed of implementation. ”
The minister expressed appreciation for the government and gratitude to the position of the US administration to understand the economic and financial situation is difficult for Iraq and the mobilization of major industrialized nations in Iraq, in the Group of Seven at its last meeting, which was held in Japan in the 27 / May / 2016 to provide financial assistance to Iraq, totaling $ 3.6 billion. ”
ol lar says():The start of the reform development in Iraq under the auspices of the program Abadi
02/06/2016 11:28 | Number of Views: 2152 The start of the reform development in Iraq under the auspices of the program Abadi
Direction Press / Baghdad It kicked off this morning in Iraq’s development reform program events sponsored by Prime Minister Haider al-Abadi,.
He attended on behalf of the Ibadi at the opening of the program, which is held under the slogan’s (blessed Butroatna) Planning Minister Salman Jumaili.
Opening the Director of the Office of the Prime Minister on the Keywords and a number of ministers, MPs and US Ambassador Styawat Jones also attended.
The project is being held in cooperation with the US Agency for International Development , depending on the developer Development Management Program ( IDMS ) and the updated system contracts.
The Ministry of Planning and Development Cooperation announced on Thursday to determine a date for a broad conference to launch the Development Department under the auspices of Prime Minister Haider al-Abadi.
The development management system is the first of its kind in Iraq and the region.
BUCK says to ol lar():that is awesome news..e banking then i think we are not far behind….
ol lar says to Elane(): http://aletejahtv.org/index.php/permalink/113991.html
http://aletejahtv.org/index.php/permalink/113991.html
subgirl says to clay():Opening the Director of the Office of the Prime Minister on the Keywords and a number of ministers, MPs and US Ambassador Styawat Jones also attended.
ol lar says to Elane():supposedly they need this to use the new ATMS and pay retiriesan employees with the visa card
clay says to ol lar():(y)
popeye7 says to ol lar():Thanks ol lar… That is super news…. Now all we need is value to the currency we have become very accustom to…
ol lar says to popeye7(I rember an article where the President of the Rafidian or Rashide bank said they could activate the new ATMS once the zeros where lifted
popeye7 says to ol lar():Interesting….
rcookie says():Central banks can not act alone
June 2, 2016 in the media center , articles comments on the central banks can not operate alone closed
forbesmiddleeast_news_10375 Whether through signals from the meeting of the Group of Seven nations this week Or, in the last round of negotiations on Greece’s European results, the developed countries and officials increasingly recognize that the problems facing the economies of their countries require a new response to take responsibility instead of prolonged use of short-term instruments narrow use.
This recognition needed a long time to reach him, judging from the lack of pity for action plans detailed, credible, still need time to even translate into concrete progress on the ground.
Before the meeting of the Group of Seven nations in Japan, a number of member countries have indicated that they understand that their individual and collective attitudes towards politics is the need to develop. Germany has warned of the continued over-reliance on central banks,
while stressing the need for structural reforms. He urged both Canada and Japan to use more active and creative public finance policy. The United States also warned Japan to resist the temptation to intervene to reduce the value of the yen.
Earlier this week, Greece’s European partners concluded they need more emphasis on easing debt burdens so the ailing economy. In a conference call interview with reporters on Wednesday, one of the International Monetary Fund, who spoke on condition of anonymity, officials said that there is an agreement between all stakeholders that the Greek debt «unsustainable significantly» and in need of forgiveness.
In addition, the official said the parties «accept the methodology to be used to be included in the exemption provision of the required debt. And they also accept the objectives relating to the need for total funding in the near term and in the long term. So they also accept periods of time, a very long period of time, the fulfillment of this religion is which until 2060 ».
These remarkable developments are a sign of an important evolution in ideas, which turns more decisively towards consideration of structural and long-term conditions, away from the excessive emphasis on cyclical considerations.
This shift is driven by three developments: the disappointing economic growth disappointing frequently despite the stimulus from monetary policy and, in the case of Greece, the rescue packages that include huge amounts,
and the concern that the benefits of the participation of the Central Bank of non-conventional melt through a growing risk of side effects and consequences unintended, and recognize that the political context is further complicated at a time when the anti-establishment movement is gaining momentum amid growing lack of public confidence in the «elites» in the government and the private sector alike.
One hopes that such thinking should lead to the implementation of pro-growth structural reforms, tax reforms and austerity in conjunction with the weakest public finances, and debt relief for groups with overwhelming debt burdens, and coordinate the actors of global politics.
However, the translation of the larger collective consciousness to remain credible procedures in accordance with incomplete and frustratingly.
Take the case of Greece, for example. Despite the delay in the recognition of reality by creditors Europeans – that ease debt relief is a necessary condition (though not enough) to enjoy Greece any realistic chance to restore economic and financial permanent feasibility – but this recognition does not turn into a straightforward procedure.
IMF official who described the negotiations on Wednesday, said: «Basically, we need to be reassured that the world of the measures that Europe is preparing for its commitment in line with what we believe that there is a need for him to achieve a debt exemption. This did not happen until now ».
As a result, the fund is ready to support the loans agreed upon understanding that was reached this week regarding Greece. At the same time, it is unlikely to implement the Group of Seven countries in economic policy stance is very different than in the past as soon as the officials back to their countries. As a result, the crucial process in transforming reassuring words into effective measures are taken on the ground will again fail to be realized.
However, is a growing awareness of the critical elements in the permanent intellectual adjustment and corrections related, so there is hope that the developed economies are approaching the achievement of a comprehensive policy is absolutely necessary response. So, that did not materialize this time, maybe next time. However, time is
rcookie says():HERE IS A RECAP OF NEWS….
da58 says to rcookie():thx!
rcookie says():PLEASE NOTE THIS IN NO WAY IS INDICATIVE OF A PENDING CHANGE IN VALUE TO THE IQD…
rcookie says():PARLIAMENT
MP FROM KURDISH MPC ANNOUNCE UPCOMING ROUND OF NEGOTIATIONS BETWEEN ERBIL & BAGHDAD ON 3 FILES: SECURITY & ARMAMENT/EXPORT OF OIL/STAFF SALARIES…
PUK CALLS ON ERBIL & BAGHDAD TO EMPLOY NEW TACTICS & STRATEGIES IN ADDERESSING PROBLEMS & DIFFERENCES…
ABADI CALLS POLITICIANS TO “FREEZE” DIFFERENCES AND RALLY AROUND ARMY… CHAIRMAN OF SUPREME COUNCIL HAKIM STATES THE BATTLE OF FALLUJAH WILL UNITE IRAQS LAND & PEOPLE TRUE RECONCILIATION…
LIBERAL BLOC MP MAMOURI STATES UNLIKELY SPECIAL PAR SESSION OVER HOLIDAYS BECAUSE MILITARY EFFORTS UNRELATED TO CABINET REFORMS AND AWAIT THE FED COURT DECISION ON APRIL PARL SESSIONS…
REFORM PROTESTORS ASSERT JABOURI THREATENED LAWSUITS AGAINST THEM IN PROTEST ACTIONS…
rcookie says):SECURITY
UN REPRESENTATIVES IN IRAQ DEMANDING MORE PROTECTION OF CIVILIANS IN LIBERATION OPERATIONS…
INT’L COALITION ANNOUNCES 32 ISIS AIR SORTIES IN IRAQ & SYRIA…
ISF SPOKESMAN ISSUES STATEMENT6 OF DENIAL OF ANY PAUSE OR HALT TO FALLUJAH OPERATION DUE TO CITIZEN PRECAUTIONS…
SECURITY FORCES FREE 200 CITIZENS IN FALLUJAH DISTRICT…
JOINT FORCES WAIT 700 METERS OUTSIDE SHUHADA SOUTHERN FALLUJAH WITH COMPLETE LIBERATION WITHIN HOURS…
MOD DECLARES ARRIVAL OF SOPHISTICATED WEAPONS TO BE USED IN FALLUJAH LIBERATION OFFENSIVE AND STATES ISIS “GASPING FOR BREATH”…
_firefly_ says to rcookie():No need to make that silly disclaimer. There are only a few that believe everything relates to a date
_firefly_ says to rcookie():They need to study more or let go of their Dinars
watson1 says to rcookie):ok does this mean tonight it going to rv 😀
Elane says to Woodywoodpecker():No rush to judgement…
Elane says to Woodywoodpecker():sorry woodywoodpecker.. pressed the wrong button
david334 says to popeye7():Wrong
david334 says to rcookie():Cenral banks can right off these loans and it will never matter in the real economies
_firefly_ says():Since when has the BIS and IMF shut down because a country is feasting?
david334 says to popeye7():no 2018 is a long time is what i was refwering to
popeye7 says to david334():Gotcha… Believe me I agree… 🙂
_firefly_ says():Give me a break !
_firefly_ says():Fasting
rcookie says():OPEC IN MEETINGS AGAIN FAILED TO CAP PRODUCTION LEVELS………
watson1 says to rcookie():good cause gas went up 10 cent this morning here in ft lauderdale
popeye7 says to rcookie():The oil be a flowing…
watson1 says to rcookie():(lol)
_firefly_ says():It sure is but my local bank doesn’t shut down because I fast for a couple of days lol
popeye7 says to _firefly_():I thought all banks honored your fast days?… 8-|:D
watson1 says to _firefly_():you need td bank they never shut down lol
_firefly_ says to watson1():Neither does the IMF, UN or the BIS 🙂
rcookie says():Monopolistic companies resort to merging with each other
6/2/2016 0:00 BAGHDAD – Imad emirate said economist academic Dr. Ammar Majid that the evolution of capitalism in its infancy and provide economic system and effective laws adopted by owners of capital who encouraged the establishment of (industrial workshops) to evolve later to the big companies.
He added a glorious «morning» evolved these workshops according to industry updates mechanism starting from steam discovery down to the electronics and the information revolution, and in the midst of it was generated new industries and die old again , according to the idea (Schumpeter),
while that capitalism is characterized by what he called (demolition creator old industries), so that in the beginning the twentieth century there are ten major companies in the United States were, left them in the early twenty – first century , only one only, that capitalism relied for their survival on emerging industries, not the old flabby industries.
He glorious, as a result of faith in the capitalist concept of demolition creator, the greatest monopolistic companies recently resorted to merging with each other in pursuit of modernization, development and control of the markets for fear that imposed demolition creator of aging and withdrawal tax process of leaving her newborn infant industry,
so we see that the big companies resort to small crushing and if you can not so they share in its capital and its market and revenue invented, and adding more comparative advantage in capital – intensive goods, while intensive industries have been working small industries are undeveloped.
He glorious, I’ve adopted a capitalist economy for a long time to set up foreign crises in order to evade and get rid of the Interior its crisis . in the last quarter of the century twenty become Keynesian policies on public spending as a way to save the capitalist economy out of its crises repeated futile, especially with the growing interest of countries armament on the one hand and the problems caused by the spread of the crisis on the other.
he concluded glorious at the conclusion of his speech to say: he does not need to be an international system new exceeding the limits in which capitalism Haunted distribution and transfer of the economic crisis experienced by the small and large other countries less developed and partner in the capitalist system, was the globalization phenomenon that helps the capitalist world to move to the forthcoming system.
david334 says():Crudes flat Saudi’s say 50 bucks works anyway
david334 says to rcookie():Doesn’t the rebalancing of the Iraqi economy to private business away from energy include foreign setting up productivity enhancing business there? Or are they just talking local entrepreuers. If its foreign as well than the Iraqi curency must become a regular on FX desks. Decent price and volume.
rcookie says():SO…HERE AGAIN IN REFERENCE TO THE ONGOING WORK WITH WORLD BANK TO RESTRUCTURE & PRIVATIZE THE 192 SOE’S…
ECONOMIST DR AMMAR MAJID OUTLINES IRAQ’S EVOLUTION INTO CAPITALISM IS IN ITS INFANCY STAGE TOWARD PROVIDING THE ECONOMIC SYSTEM WITH A FOUNDATION BASIS OF NECESSARY LAWS FOR FOREIGN INVESTORS AND FUTURE IRAQI DEVELOPMENT…
HE OUTLINES THESE INDUSTRIAL WORKSHOPS TO PROVIDE IRAQ WITH THE NECESSARY CURRENT MARKET NEED ANALYSIS AND FEEDBACK IN ALL AREAS..EQUIPMENT..ELECTRONICS…INFORMATION TECHNOLOGY…
AND OUTLINES MODERN CAPIALISM DESTROYS OLD & ANTIQUATED TECHNOLOGIES… (DEMOLITION CREATOR) AND CITES US INDUSTRIAL REVULTION NUMBERS TOWARD SUCCESS..
wmawhite says to rcookie():Hello……..is it safe to come out?
david334 says to wmawhite():Just be wearing a hemat
david334 says to wmawhite():helmat
wmawhite says to david334():lol
david334 says to wmawhite():I will lear to spell someday wmawhite
wmawhite says to david334():I need to learn too.
rcookie says():HE TALKS OF THE STRATEGY & ACTIONS STRONG MONOPOLISTIC COMPANIES TO MERGE WITH EACH OTHER IN PURSUIT OF TECHNOLOGY SUPPERIORITY AND MARKET SHARE DOMINANCE AND LARGER ENTITIES CRUSHING THE SMALL…
THROUGH CAPITAL SHARING AND MARKET DOMINANCE OF SUPERIOR GOODS WITH BETTER MARGINS OVER SMALLER UNDERDEVELOPED COMPANIES…
watson1 says to wmawhite():where have you been at the bank cashing in your dinar at $20.00 lol. Poor rcookie feels like he over fighting with isis
Hutch says to rcookie():Dressing for success !
wmawhite says to watson1():Nope…..not $20.00…….only $3.86…………..lol
rcookie says():TALKS ABOUT PUBLIC SPENDING POLICIES AND CASE STUDIES OF SUCCESS BY OTHER COUNTRIES AND THE ABILITY OF THE CURRENT CAPITALISM MODEL AND GLOBAL PHENOMENON TO ADAPT TO COUNTRIES AND MARKETS OF ALL SIZES…
rcookie says():THE INT’L AGENCIES HAVE BEEN WARNING NOT JUST IRAQ BUT ALL ME COUNTRIES TO DIVERSIFY AND BUILD AND INVEST IN NON OIL REVENUE STREAMS TO GDP…
rcookie says():THEY ARE NOT MOVING AWAY FROM ENERGY…TO THE CONTRARY…AS A MATTER OF FACT THEY HAVE ALREADY HOSTED 3 EXHIBITIONS THIS YEAR ALREADY FOR GREEN AND ALTERNATIVE ENERGY INVESTMENT & DEVELOPMENT..
rcookie says():THEY ARE CONSTANTLY TALKING ABOUT THE TECHNOLOGY & HUMAN RESOURCE (LABOR MARKET) ADJUSTMENTS THAT WILL BE NEEDED FOR THE TRANSITION FROM A NON PRODUCTIVE STATE & PUBLIC NON COMPETITIVE MARKET (REMEMBER 20 MIN PRODUCTIVITY FOR EVERY 8 HOURS WORKED) TO A HIGHLY COMPETITIVE..RESULTS..PRODUCTIVITY..MARGIN DRIVEN PRIVATE SECTOR OPEN MARKET ECONOMY WITH FULL ACCOUNTABILITIES…
watson1 says to rcookie():(y) agree 100 %
BGG says to rcookie():I was reading your point about the power / energy sector…
rcookie says to BGG():IT WAS FREE OF CHARGE,,,,THATS A GOOD ONE…AND IN NO WAY IMPLIES AN INCREASE IN VALUE OF THE IQD….
BGG says to rcookie():I had forgotten I read this a few days ago – but I thought I ran across an obscure reference to the WB in charge of setting up the “new energy exchange”…
BGG says to rcookie():no – exactly – you are right…
BGG says to rcookie():implies little
rcookie says to BGG():NO JUST A DISCLAIMER…NEEDED TODAY..
watson1 says():i do not know about you all but what we are seeing right before our eyes is like my mom and dad watching JFK getting killed and man on the moon . history in the making along with going to make up us rich too (H)
BGG says to rcookie():but may be one of the biggest pieces of news in a long time.
rcookie says to BGG):THE UNITED BASRA FUND…..WHERE DO I SIGN…
BGG says to rcookie():The WB bank being in charge of Iraq’s energy exchange is MASSIVE MOTIVE/incentive… for the WB and IMF to be directly involved with Iraq’s “goings on”…
BGG says to rcookie():I do think that bit was completely overlooked… and is a HUGE carrot for them (WB/IMF/PTB).
david334 says to rcookie():That major energy efficency and productivity. Jobs created in assemling machines and performing service. This is a billion dollar business that can be licensed to an Iraqi co.
david334 says to rcookie():Ill drop it. But its the best biz model i have seen
rcookie says to BGG():AGREED!…AND THE DIRECT INTERFACE BETWEEN INT’L AGENCIES AND PROVINCES WILL ASSURE SEAMLESS EXECUTION OF THE DEVELOPMENT PROJECTS AND ACTORS…….YEP SAME OLD IRAQ…SEEN AND HEARD THIS ALL BEFORE….SAME OLE SAME OLE…
rcookie says to BGG():LOL
watson1 says to rcookie():slackers
rcookie says to david334():TGAT IS EXACTLY WHAT GE & SIEMENS ARE DOING RIGHT NOW..
david334 says to rcookie():?
david334 says to rcookie():Simple patented business creates $$$$$$$ because it saves owners $$$$and lowers carbon exhaust output
rcookie says to david334():THE REPORT OUT YESTERDAY REGARDING THEIR DETAILED SECTOR GOALS WAS AWESOME
david334 says to rcookie():rcookie were can i find that ({)
david334 says to rcookie():Helps eliminate goverment diesel subsidy
rcookie says():GOV’T ANNOUNCES PURSUIT TO PROVIDE 250,000 JOBS FROM PRIVATE SECTOR ALONG WITH OTHER OBJECTIVES TO MOVE TO MARKET ECONOMY INCLUDING:
ADDRESSING HOUSING CRISIS BY CREATE OR BUY 36,000 NEW UNITS..
.PRIVATE SECTOR REHAB AND INTRO NEW TECHNOLOGY TO 330 PLANTS & FACTORIES..
MANUFACTURE RAW MATERIALS FOR INDUSTRY & AGRICULTURE INDUSTRIES…
PROMOTE PROJECTS IN INDUSTRIAL CITIES…
REDUCE IMPORTS THROUGH NATIONAL PRODUCT SUBSTITUTION OF AT LEAST 50 PRODUCTS…
NATIONAL EXPORT PROMOTION COMPETITION OF AT LEAST 10 PRODUCTS…LEGALIZING FOREIGN CURRENCY DISPLAY AND REDUCE BY 10%…
AND LOAN MECHANISMS & AMOUNTS BY SECTOR WITH TERMS…
rcookie says():EXACT GOALS….250,000 PRIVATE SECTOR JOBS…REHAB & NEW TECH TO 330 PLANTS 7 FACTORIES…36,000 NEW HOMES CREATED OR BOUGHT…..
RAW MATERIALS PRODUCTION FOR AGRICULTURE & INDUSTRY…PROJECTS IN INDUSTRIAL CITIES LIKE THE HUGE ONE OUTSIDE PORT OF FAW…
IMPORT REDUCTION AND NAT PRODUCT SUBSTITUTION OF MINIMUM 50 PRODUCTS …NATIONAL EXPORT PROMOTION OF 10 PRODUCTS…..
rcookie says():HOW MANY DO THEY ALREADT HAVE…….
rcookie says():CONCRETE…WHEAT…COOKING OIL….GAS…SULPHUR…PHOSPHATES…AND SOON LIQUID NATURAL GAS…
rcookie says():BUT IN NO WAY INDICATES AN IMPENDING CHANGE TO IQD.. BUT I DIGRESS..
rcookie says):AND HOW ABOUT THE “LEGALIZING FOREIGN CURRENCY DISPLAY AND REDUCE BY 10%”.
poppy123 says():we are into june 2016 so expect change in many ways during this month and hopefully one change will be the value rate of the dinar. poppy3
david334 says to rcookie():HMMMM Thanks I will find the organization who vets US products and send them the power points . Thanks They get the business for free just pay royalties mid single digit. The system is made from commodity parts
david334 says to rcookie():Have a great day rcookie
watson1 says to poppy123():have you heard anything to change your mind about before July 2016 something we should know about this investment?
poppy123 says to watson1():nope in fact the guy re affirmed his orders and expectations for the last week of june to me yesterday. says nothing has changed in his orders and they like us are waiting and praying it is over then. poppy3
Baxter says():Poppy… thats what the IMF said….Global by end of First Half… (y)
watson1 says to poppy123():what guy
poppy123 says to watson1():this guy is so close to this he is forbided to own dinar. he has some extended family that does. bottom line is we wait. poppy3
rcookie says():The Central Bank and the Lebanese banks reported 10 agreed installment raise capital for two years.
June 2, 2016 The Central Bank reported, Lebanese banks, agreed installment increase capital to 50 million dollars for two years, so that banks should repay 20 million this year and 30 million in the year 2017.
Sources follow Arab News «site Economic «Central resolution came before the deadline in June, after the visit of the delegation sent to Lebanese banks (bankers included Samir long Daniel Bader and lawyer Nasser Hebron) Central officials met with a suggestion installment (slumbered modify to reduce periods of three years to two years and the size of the premiums from 15-15-15 million to $ 20-30 million) before the approval decision.
The sources noted that «the first installment is due from this year (20 million) found in central Baghdad, and Thalia wouldn’t bear the burden of providing banks a year full of difficulties and challenges which impose significant financial burdens, especially after the Bank’s announcement that subset in Erbil and Sulaymaniyah are no longer linked organizationally or financially or administratively, meaning not to release funds to deposit there.
This file is an item in the reform process led by the Government of Baghdad with us assistance, a us federal units follow them directly and is charged with investigating suspicious business deals and smuggling oil and remittances from JD/us $ in the corridors she frequented uncovered thefts directly inside Iraq by 20 percent and the rest, totaling about $ 724 billion.
Baghdad now demands the recovery of about 10 percent of those robberies, the equivalent of 100 billion dollars to provide salaries for public employees financial entitlements Iraqi, after negotiations conducted by Prime Minister Nouri al-Maliki, Haidar Abadi and his predecessor in the United States.
The Lebanese banks that have branches in Kurdistan are: «fransabank», «Bank», «Bank of Lebanon and the diaspora», «Bank Byblos», «Mediterranean Bank», «credit libanais Bank», «Bank of Beirut and the country», «Arabic Lebanese Bank – InterContinental French», «Bank», «Bank of the Middle East and Africa.
The value of the Lebanese funds deposited with the Central Bank in Arbil, about $ 90 million, and is targeting Baghdad’s decision not to release it.
LINK http://www.dinarupdates.com/showthread.php?35353-The-CBI-amp-the-Lebanese-banks-reported-10-agreed-installment-raise-capital-2-years&p=153584#post153584
rcookie says():SO THE UST WORKIG FROM THE US EMBASSY IS REALLY SHAKING THINGS UP IN IRAQS BANKING SECTOR…
rcookie says():$724 BILLION OF IRAQ FUNDS STOLEN INSIDE IRAQ OF WHICH IRAQ IS LOOKING TO RECOVER 20% OF….
AND INTERESTINGLY MENTION THESE LEBANESE BANKS WITH $90 MILLION IN CBI AND ARE GOING AFTER BAGHDADS DECISION TO FREEZE THE FUNDS…
rcookie says():SO IT OOKS AS THOUGH SOME OF THE ARAB & ME BANKS WITH ASSETS FROZEN THROUGH CBI…WILL HAVE TO WORK TO RECOVER AS IRAQ PURSUES STOLEN STATE FUNDS SMUGGLED & LAUNDERED THROUGH THESE BANKS…
poppy123 says to rcookie():PULLING THINGS TOGETHER TO COMPLETE REFORM ASAP. WORLD BANK AND IMF MONITORING AND GUIDING THE PROCESS AND OUTREACH TO OTHER M E COUNTRIES AND BANKING INSTITUTIONS.
RICH FRIENDS THEY ARE WORKING FOR ALL OF US AS WELL. PRAYER RIDE TONIGHT WILL BE ADDRESSING ALL THESE CHANGES AS WELL AS OUR MILITARY PERSONNEL. POPPY3
rcookie says():THIS WAS FROM THIS MORNING…BUT SAYS IT ALL….$400 BILLION IN DEVELOPMENT & INVESTMENT…
rcookie says():America: capital investment for Iraq budget of $ 400 billion
Thursday 02-06-2016 | 8:27:42 Shafaq News / The Ambassador of the United States in Iraq, Stuart Jones, with the participation of Minister of Planning and Salman al-Jumaili and director of the Council of Prime Minister’s Office Mahdi Keywords activities of the Ministry of Planning conference under the title “Development reform program in Iraq,” which was held on Thursday, Rashid Hotel in Baghdad, according to a statement issued for the embassy.
The statement said that the conference was attended by several members of the House of Representatives and officials of the General Secretariat of the Council of Ministers as well as several representatives of government ministries and provincial councils and the private sector.
The statement added that the conference celebrated the Iraqi government’s decision, which imposes the use of standardized documents and tenders for all government projects. The conference also saw the launch of “Developer Development Management Program (IDMS) and the updated system of contracts” designed to achieve a more effective management of the government’s development projects as well as development projects financed by donors in Iraq.
The statement pointed out that it will be for these major reforms crucial role in ensuring fair and transparent management of public funds. The process of improving the management of the economic assets of the country’s vital factor contributes to strengthening infrastructure and improving the quality of services provided to Iraqi citizens.
For his part, he congratulated the US ambassador Stuart Jones, the Government of Iraq on these new reforms, stressing its implementation at the national and local levels in the governorates.
The statement quoted the ambassador as saying that these new reforms will help in the supervision of the capital investment of the government’s budget, worth 400 billion US dollars, as well as that these reforms are of their importance in solving the problem of delays that led to the suspension of nearly 4,000 projects, noting that it will ensure the availability of better prospects for the government to sign contracts with solid reputable firms which reduces conflicts, corruption and waste to a large degree.
The statement concluded that the United States Embassy in Iraq, and through administrative reform project “thread” is funded by the United States Agency for International Development, it supports the efforts of the Government of Iraq’s efforts to build capacity in order to provide better services for Iraqi citizen
rcookie says():THEY ARE IMPLEMENTING SAFETY MEASURES AND FAILSAFES IN ALL AREAS…ESPECIALLY BANKING SECTOR WITH UST IN US EMBASSY COMPLETELY STIRRING THINGS UP KICKIN BUTT & TAKING NAMES…
rcookie says():YEP SEEN AND HEARD IT ALL BEFORE…EVERYTHING THE SAME….LOL
Dinar Dave says():Nothing changes…lol
rcookie says():DFI NOW UP TO $400 BILLION..
rcookie says():AND REMEMBER THE FINANCIAL MANAGEMNT LAW IS A PREREQUISITE TO THEM RECIVING THE SBA LOAN FUNDS AS WELL AS AMENDING THE CENTRAL BANK ACT…
rcookie says():WE TALKED ABOUT THE REMAINING PUBLIC FINANCIAL MANAGEMENT AND BANKING SUPERVISION INITIATIVES THE OTHER DAY…JUST WAITING…
BGG Blog
