Dinar Updates

Chat Room – Excerpts & Highlights 

subgirl says to larrykn():but seriously lol the news was so much last night!!!!
subgirl says to rcookie():you did a GREAT job last night rcookie!! you all did a GREAT JOB!!!!

larrykn says():yes it was, all good , I feel they are moving so fast , there must be a reason why , that is why I don’t think we are looking at next year for this to happen

rcookie says():Nassif: Zebari on the disclosure of the name, which accused him of converting 6 billion out of Iraq and stresses that it is the province of Kurdistan

Wed, 31 Aug 2016 09:49:20  Demanded the MP high Nassif reform front, Wednesday, Finance Minister Hoshyar Zebari detects a person who has transferred 6 billion abroad and the name of the recipient’s name.

Nassif said, “The Zebari announced, yesterday, that there is an amount of six billion and $ 455 million was transferred out of Iraq for the account of one person,” noting that “it is the duty Zebari to disclose the name of the person who transformed the amount and the name of the recipient person.”

She added, “There are indications that the party that this process is the authority of the Kurdistan region because it is the only party capable of converting such a huge sum,” expressing Tsaalha saying, “Why else Zebari did not disclose the transfer-based.”
Furthermore, Nassif strongly criticized the US involvement in the interrogation process, saying: “We knew the Americans who claim that they have brought democracy to Iraq, that the Iraqi decision has been liberated and can not put them to trust us.”

She explained that, “Whenever We have questioned a minister in parliament, we were told that the Americans were interfering behind the scenes to put pressure on the heads of political blocs in order to prevent the completion of the interrogation,” Mrdvh “Where is their democracy alleged, eight Americans long ago announced their list of the looters who ransacked the bounties of Iraq, why should prevent us from Accounting muggers and why their mentors. ”

rcookie says():ZEBARI NOT SPILLIN THE BEANS……….YET
subgirl says to rcookie():I am very surprised he is not..
subgirl says to rcookie():converting 6 billion!!!!! WOW!

rcookie says():31-08-2016 12:53 PM Iraqi f16 planes destroyed the headquarters of a subsidiary of a media center Daesh western Anbar

F16 jets destroyed Iraq’s media and the headquarters of the terrorist gangs Daesh airstrike western Anbar center.

A statement by the cell media Harbi received by all of Iraq [where] a copy of which was ‘based on accurate information from the National Security Service and directed Iraqi F16 aircraft air strike resulted in the destruction of the media center and the headquarters of a gathering of guerrilla terrorist Daesh and killed all of the Pomegranate area to spend western Anbar-based’ .

jfd says():I hope Barzani is not tied up in all this corruption.

rcookie says():MORE ON TE IRAQI SPECIAL FORCES TRAINING BY US…
rcookie says to subgirl():(y)

rcookie says():US forces declare: train Iraqis to become mobile
Department: security landscapePublished on: Today, 13:19Number of views: 241

BAGHDAD / Habib Marwan.   The US military announced through a press release translated Sky Press, today announced the establishment of his band famed 101st Airborne, the introduction of US mobile training teams programs, the eclectic group of Iraqi officers and soldiers.

The statement said, that the exercises characterized by mobile teams of America, and its own exclusive, is now in the hands of Iraqi forces concerned with training at Camp Taji, where processing power is “special” of mobile fighters.

It is said that the US mobile teams, are the kind of intense training special forces, with very ancient history dates back to the colonial era to the sixteenth century, where it is the best among the infantry divisions to join the mobile teams to choose from.

rcookie says to magnetlady():US general: Mosul back before the end of the year

GHDAD / Sky Press: ah   Gen. Joseph Votal, commander of US forces in the Middle East said that al Daesh fighters refused their leader, Abu Bakr al-Baghdadi orders Manbej battles to fight to the death and preferred to withdraw to the north of the city, adding: “Al-Baghdadi asked his men to fight to the death but did not obey his orders,” believing that this poses questions about how much control the driving elements of the organization.

But US Gen. US Central Command, stressed that the organization still has a strong network rely heavily on guidance from the central leadership. He added in an interview with reporters at the Pentagon that he believes that Iraqi forces are “on the right path to restore the city of Mosul by the end of 2016,” but he stressed that the city will be a fierce battle because it will take place in “the heart of the caliphate,” he said.

Votal He guessed that forced the organization to do what he described as “difficult choices” during his defense of Mosul required him to leave parts of the city in order to focus on other parts deemed “vital” to his presence or generate the financial income or are key points in maintaining its image as a state-list.

US General expressed regret over the clashes between Turkish and Kurdish forces in Syria, saying that the two parties have played a major role in the fight Daesh, and stressed that Washington would not intervene militarily, but to support the fight against Daesh exclusively, but he called for Kurdish forces to withdraw to the east of the Euphrates River areas in line with an earlier agreement to reassure Turks that holds units Turkoman and Arab forces of the Democratic Syria to secure Manbej.

rcookie says():GET YOUR CALENDARS….

rcookie says to larrykn():AGREED!!..
rcookie says to larrykn():Next Tuesday as the date for a vote on confidence Zebari

AGHDAD / AA Ah Sky Press   Private sources revealed, told Sky Press on Wednesday, for setting a date next Tuesday to vote on the withdrawal of confidence from the current Minister of Finance.

The sources confirmed that the meeting will be open, where they will vote on the withdrawal of confidence, “Hoshyar Zebari” or not, after the last vote, which passed the House of Representatives not convinced with answers minister.

It is said that deputies from different blocks, have collected the signatures of more than fifty necessary, to set up a withdrawal of confidence from Zebari’s meeting, which last put on the path toward impeachment is supervising.

rcookie says():TICK TOCK……

rcookie says():HERE COMES THE NEXT WHALE TO FALL………….
rcookie says to clay():YVW..
rcookie says():WOW!!

clay says to rcookie():(y) exciting times for sure 🙂
rcookie says():Integrity Commission has accused the Iraqi foreign minister of corruption

Wednesday 31-08-2016 | 1:56:59   Twilight News / after the sacking of Iraq’s defense minister to suspicions of corruption and transform the finance minister to questioning before the Parliament, it seems that the role of the foreign minister has also come as Ibrahim al-Jaafari, isolation and elimination faces charges after his financial corruption.

In this context, the spokesman for the Parliamentary Integrity Commission, Adel Nouri, move the Iraqi parliament to question the minister, adding that the next phase will be to interrogate Iraqi Foreign Minister Ibrahim al-Jaafari, then refer his case to the judiciary.

“The interrogation of al-Jaafari will be about the failures of the diplomatic, administrative and financial level, pointing out that” there is administrative corruption and wasteful financially thrive in Iraqi embassies around the world. ”

He pointed out that “nepotism and clientelism system prevalent in the corridors of the State Department,” explaining that “all Jaafari You will be forwarded to the judiciary after the withdrawal of confidence about him.

rcookie says():JAAFARI…..WITH INTEGRITY CORRUPTION FILES LYING IN WAIT!!….

larrykn says to rcookie():why aren’t they going after Maliki?

rcookie says():THEY WILL….TIMING…BESIDES DID YOU EVER SEE SOMEONE SWETAING SUGAR BEADS…

rcookie says():LOOKS LIKE ZEBARI WANTS TO SING THE BIG REVEAL IN FRONT OF AN AUDIENCE…

rcookie says():Finance Minister: Documents confirm the involvement of politicians to transfer $ 6 billion of Iraqi funds employed abroad

logo jumhuriya    Finance Minister: Documents confirm the involvement of politicians to transfer $ 6 billion of Iraqi funds employed abroad

Wed, 31 Aug 2016 11:22:43  # Algmehorah_uz   Finance Minister Hoshyar Zebari revealed a new corruption scandal in Iraq.

Zebari said he was “possessed documents confirming the transfer of one of the politicians about six dollars and a half billion to his account in a foreign country”, stressing that it “will reveal more documents in the coming days.”

He said, in an interview, that “the parliament speaker Salim al subjected to great pressure by some of the House of Representatives for a sunbed, and a vote of no conviction Bojopti.”

It was one hundred deputy have made a request to the presidency of the parliament, for the hearing to withdraw confidence from Finance Minister Hoshyar Zebari held. ”

rcookie says():Jubouri leave for Turkey on an official visit

Political Since 31/08/2016 14:32 pm (Baghdad time)

Baghdad balances News   The president of the House of Representatives Saleem al-Jubouri, Wednesday, to Turkey on an official visit.

A source close to the al-Jubouri’s / balances News /, said that “House Speaker Salim al-directed, today, to Turkey on an official visit.”

The source added that “al-Jubouri, will discuss with Turkish officials the most important political and security developments and bilateral relations between the two countries.”

Referred to the parliament speaker Salim al-Jubouri, visited on Saturday (20 August 2016), the Iranian capital Tehran.anthy 29 / A 43

rcookie says():JABOURI IN TURKEY TO TALK TURKEY…
clay says to rcookie():(lol)

larrykn says():hope he brings the potatoes and gravy 😀

rcookie says():Deputy: sacking Zebari is essential to address the situation of austerity in the country and to provide revenue (details)

31-08-2016 02:37 PM Hits: 8495   Orbit News –
A member of the Integrity Committee in Parliament MP Hashem al – Moussawi, on Wednesday, Finance Minister Hoshyar Zebari spend 12% of what Parliament spends every year, in what was considered his sacking provide Aiardt state.

Moussawi said in a press statement, said that ‘sacking Zebari is essential to address the situation of austerity Iraqi state to provide revenue for the state’, adding that ‘what Zebari spend in one year is equivalent to 12% , which disburses the House of Representatives on the 328 deputies. ”

He said al – Moussawi, that ‘ the general atmosphere within the council is the direction of the dismissal of the Minister of Finance if the same sacking of Defense Minister Khaled al – Obeidi, namely to the paper ballot secret’, referring to ‘the existence of liberation of the deputies through the mechanism of positions courtesy of the political blocs on the interrogations. ”

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rcookie says to larrykn()::D

rcookie says():Washington reveal the volume of trade with Baghdad during the 2016

Author: AR, ASJ, HH Editor: AR, HH 31/08/2016 14:35 Number of Views: 144  Long-Presse / Baghdad

Revealed the US Embassy in Baghdad, on Wednesday, to trade achieved with Iraq since the beginning of this year until the month of August now reached more than $ 2.6 billion, and as pointed out that Iraq’s imports totaled $ 4.57 billion, indicated that there is a desire among the American companies to invest in Iraq.

A spokesman for the US embassy in Baghdad Kim Dboa in an interview with (long-Presse), that “the bilateral trade exchange between Iraq and the United States in 2015 produced a value of $ 6.6 billion, including an Iraqi imports worth $ 4.57 billion, crude oil form 97% of them “noting that” US exports were valued at 1.97 billion dollars, which centered largely on heavy machinery, vehicles, electrical equipment, aircraft spare parts and grain. ”

He Dboa, that “in terms of trade for the current year it since the beginning of 2016 until the present month of August, the bilateral trade exceeded between the two countries Al2.6 billion dollars,” pointing out that “the business of US-led American Chamber of Commerce, which has re-work sector recently he expressed great interest in investing in Iraq in non-oil sectors. ”

He Dboa, that “the embassy noted the commercial private sector’s interest in investment opportunities including in security, energy and the environment, construction, health care, agriculture and religious tourism, infrastructure development, key sectors,” stressing that “Iraq also imports large quantities of agricultural goods, machinery and consumer goods from the United States.” .

He explained Dboa, that “the embassy will help to introduce US businesses to the Iraqi market and to provide official invitations between governments in the business of US and provide excellent services through the Commerce Department for the purpose of contributing to find local partners in Iraq and assist in the resolution of trade disputes and understand the laws and regulations framework that regulate trade between the United States and Iraq, “noting that” the embassy does not affect the investment of the private business sector or choose to work in Iraq. ”

And on the impact on economic trade activities between Iraq and the United States on the Iraqi economy, he stressed Dboa, that “American institutions, for example, competes largely on bids energy sector, which significantly affect the commercial activities between the two countries as the United States is encouraging bilateral trade growth between the two countries. ”

The US ambassador in Baghdad, Stuart Jones, announced on Tuesday (10 March 2015), that the trade exchange between Iraq and the United States totaled more than $ 16 billion at the time, confirmed that more than seven billion of them Iraqi exports, and in attributing the lack of his large companies in the Iraqi market to work with local agents, he pointed out that Washington is looking to expand its relations “strategic” with Baghdad.

rcookie says():THERE IS A DESIRE AMONG AMERICAQN COMPAQNIES TO INVEST IN IRAQ…

larrykn says to rcookie():which is another reason why they are moving at lighting speed,they want the money 🙂

rcookie says():$12.6 BILLION…

rcookie says():Abadi accused Fatlawi jamming and failure to perform its duty in parliament in a fair and final are set    Wed, 31 Aug 2016 08:24:17  Views: 575

Accused Prime Minister Haider al-Abadi in a press conference held yesterday at the presidential palace MP Hanan al jammed inside the Parliament and in the media on the general amnesty law and make amendments look like they originate from the government while the amendments and the recent, which caused a stir in the public street is issued from within the House of Representatives and it invites them to pursue their work well, but not worth to be a deputy in parliament.

The Hanan al-Abadi to respond to the formal front page as follows:

rcookie says():FATLAWI IS LIKE THAT LITTLE PIECE OF POPCORN THAT GETS STUCK IN ABADIS TEETH THAT HE JUST CANT QUITE GET AT…..LOL

larrykn says():thats one way to put it 😀
rcookie says to larrykn():(y)

rcookie says():Parliamentary Integrity warns defense of any tampering with illegal orders and its minister article

Political Since 08.31.2016 at 10:50 (Baghdad time)  Special scales News

Parliamentary Integrity Committee, warned Wednesday, staff of the Ministry of Defence of any manipulation is illegal, saying it is following appointments issued by the al-Obeidi, the beginning of the month.

The MP said the committee Adel Nouri, L / balance News /, that his committee “will follow up any appointments issued by Defense Minister article Khalid al-Obeidi, issued on the first of August now,” adding that it “will pursue all judicial, financial and administrative in this particular action.”

Nuri added, “We warn staff of the ministry of any manipulation is illegal and it will be held accountable, and they caution in dealing with the Entry minister orders.”

He stressed that “the Prime Minister to withdraw immediately the hands of the minister being an article.”

The House voted in its meeting held on Thursday (25 August 2016), to withdraw confidence from the Defense Minister Khaled al-Obeidi.

It is said that MP front Reform emotions blessing revealed that Khalid al-Obeidi, set more than 2,300 people at the Ministry of Defence two weeks Acalth.anthy 29/43

 

rcookie says():US leadership: the restoration of Mosul by the end of 2016

logo jumhuriy    US leadership: the restoration of Mosul by the end of 2016
Wed, 31 Aug 2016 07:46:03   # Algmehorah_uz   Said US Central Command, General Joseph Votal, that Iraq is on track to achieve its target of restoring Mosul organize Daesh this year if the Prime Minister Haider al-Abadi decided to proceed according to what is planned.

Votal said in a press conference, said that “the goal of the prime minister is to accomplish this by the end of the year, my assessment is that we can meet the objectives of the prime minister if he chose to do so.”

He Votal which oversees American forces in the Middle East, said that “the battle to restore the connector may provide a mixed picture of the war planners where receding organize Daesh in some areas to re-organize itself in other areas,” adding that “the organization of Daesh forced to make difficult decisions because it is exposed pressure in different ways. ”

He explained that “the battle being waged by two and a half month’s US-backed forces in Syria since the restoration of the town of Manbej Daesh as an example of prolonged war.”
We Votal “You have to expect that they are in some places and perhaps in some parts of Mosul Seatonszln some areas for us and the Iraqis, and then in other areas will fight tooth and nail to hang onto them.”

The United Nations estimates that under the worst-case scenario, the attack could push more than one million people to flee Mosul in addition to 830 thousand others from a populated area south of the city which increases the burden of relief to the displaced, which total about 3.5 million Iraqis have been displaced as a result Daesh attack in 2014 and the attacks Iraqi anti-US-backed government.

rcookie says():WHAT WE TALKED ABOUT ON CALL….

larrykn says to rcookie():if one of the things we are waiting on is Mosul we might be waiting a little while then

rcookie says():Agreement on the export of 150 thousand barrels of oil from the fields of Kurdistan region by pipeline to the port of Ceyhan

31-08-2016 10:26 AM   Revealed the leadership of the Kurdish former MP Mahmoud Othman about some details of the agreement between the central government and the Kurdistan Regional Government.

Osman said that the meeting between Prime Minister Haider al-Abadi, the prime minister of the Kurdistan region Nechirvan Barzani led to the agreement on the export of 150 thousand barrels of oil from the fields of Baba Karkar and baker in Kirkuk by the Kurdistan Regional Government, through the pipeline region to the Turkish port of Ceyhan, and to be selling and deposit the money by a company / Sumo / in Baghdad, to be shared equally amounts contained

He added that Mahmoud was also agreed to continue the talks to be agreed at the end of a formula on the oil region of Kurdistan, adding that he was also agreed to activate joint coordination in restoring Mosul battles

He said the meetings between Baghdad and the Kurdistan region can resolve their outstanding problems, calling for continuation.

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larrykn says to rcookie():security
subgirl says to SRW():Good morning 🙂
clay says to larrykn():exactly what we need

rcookie says():Nechirvan Barzani , the infallible: ready to resolve all problems with Baghdad and continue to hold meetings

31-08-2016 10:27 AM   The head of the Kurdistan Regional Government Nechirvan Barzani willingness to find solutions to all the problems with the federal government.

This came during a meeting with President Fuad Masum, Prime Minister of the Government of the Territory, where infallible emphasized that the visit of the provincial government of Baghdad where she met Prime Minister Haider al-Abadi step in the right ways to end Alnmhclat all outstanding issues between the two parties.

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rcookie says():Parliamentary Finance: 2017 budget deficit borrowing repaid from foreign banks

logo jumhuriya   Parliamentary Finance: 2017 budget deficit borrowing repaid from foreign banks
Wed, 31 Aug 2016 07:52:02   # Algmehorah_uz

A member of the Finance Committee in the Iraqi Council of Representatives Sarhan Slevana that the budget year 2017, which is scheduled to arrive in parliament before the 15th of next October, will not differ from the budgets of 2015-2016.

Slevana He pointed out that the Finance Committee has cut expenses and transfers in the general budget of the country in accordance with the requirements stipulated in Article 62 of the Constitution, as quoted by the news agency Nina expires.

Slevana He explained that “the federal budget not different from the budgets of 2015-2016, but it includes a large deficit of about 30 trillion dinars, the rate of operating expenses where about 102 trillion dinars.”

And on the proposed solutions to cover the shortfall in the budget, he said that it “will be made via the International Monetary Fund and the World Bank and the Islamic Bank for Foreign and loans and the issuance of treasury bonds.”

The Prime Minister Haider al-Abadi said on Tuesday from the cabinet vote on the budget for fiscal 2017.

rcookie says():Parliamentary change: the party in control of the Kurdistan Barzani twisted and illegal ways

logo jumhuriya
Parliamentary change: the party in control of the Kurdistan Barzani twisted and illegal ways

Wed, 31 Aug 2016 07:40:28  # Algmehorah_uz  Kurdish Change Movement said that the Kurdistan region delegation which visited Baghdad two days ago, is “a partisan, not a government.”

According to MP from the Change Secretary Baker, that “the provincial delegation representing the Kurdish Democratic Party [led by Kurdistan regional president Massoud Barzani] does not include any figures from other Kurdish parties.”

He expressed “surprise at the timing of the visit coincided with efforts in parliament to withdraw confidence from Finance Minister Hoshyar Zebari,”

adding that the visit “falls within the motionless KDP important power in the province illegally to prevent the withdrawal of confidence from [Finance Minister Hoshyar Zebari] and they to try in every way to meet with different views and I think inevitably they ate the issue of withdrawal of confidence from the minister evidence that the delegation met political figures, not only the executive. ”

“I think that the visit is for Zebari and either talk about resolving the outstanding issues between Baghdad and Erbil is not true, but the main objective is to withdraw confidence from the Minister of Finance.”

The House of Representatives, had been questioned last Saturday, Finance Minister Hoshyar Zebari [leader of the Kurdistan Democratic Party and voted not to conviction Bojobth a move that could pave the way for his dismissal soon.

The cause of interrogation in the incidence of verbal altercations and conflicts of fistfights between supporters and opponents of the grill inside the parliament session, in what promise to Barzani’s political party as a target.

The prime minister Haider al-Abadi yesterday interrogations Parliament constitutionalism legal right to him, but at the same time stressed the need to remove them from the “political target”.

RickeyT says to larrykn():I agree….but have been called negative for pointing some things out.

rcookie says():AGAIN…WE SPKE ABOUT IN CAQLL LAST NIGHT ABOUT ZEBARI QUESTIONING AND WITHDRAWL OF CONFIDENCE AND POSTURE OF KURDS..

rcookie says():Hoshyar Zebari: Implementation of Basra metro project soon

logo jumhuriya   Hoshyar Zebari: Implementation of Basra metro project soon

Wed, 31 Aug 2016 10:35:42    # Algmehorah_uz   They discussed the Ministry of Finance and the Committee on Economic Affairs, on Wednesday, the implementation of Basra Metro project.

A statement by the Ministry of Finance that “the economic affairs committee held its eleventh meeting headed by the Finance Minister, Hoshyar Zebari, discussed a number of issues of character Economic Bmaysahm to overcome the problems and obstacles facing the economic process where the following decisions were taken.”

“It has been approved recommendations on the gold trade barriers that lead to the recovery of gold jewelry trade with activating the role of the control device Altqays and quality control.”

And that “the subject was discussed wheat crop planted outside the agricultural plan and the affected ones with floodwaters and the subject of fodder barley, as well as Iraqi Arab liquidation of the company for the development of livestock and granted many exceptions for companies and the Ministry of Commerce.”

The Committee discussed according to the statement View company Wahlstrom] French for the implementation of Basra, where the Metro project has taken a decision on it his offer as an investment opportunity in coordination with the National Investment Commission of what this project of importance to the province of Basra. ”

rcookie says():Abadi announces that gangs Daesh Iraq ended
Baghdad , August 31 (Petra) – Iraqi Prime Minister Haider al – Abadi said that Daesh terrorist gangs in Iraq is over.

Ebadi said during a meeting with the governor of Anbar Suhaib al- Rawi on Wednesday that the tragedy caused by evil gangs and extremism for the sons of Anbar in western Iraq must end the return of displaced people and rid their cities of terrorists.

He added that the gangs Daesh ended and the issue has become an end in Iraq is only a matter of time.

The Prime Minister said that the Iraqi government is obliged to provide services and to overcome the difficulties generally displaced to return to their cities on a voluntary basis. – (Petra) AFP / Q s

rcookie says():Start work in addition to 200 thousand barrels Antah southern Iraqi oil field

By Roudao    Roudao- Erbil   Official in Maysan Oil Company, located in southern Iraq , said on Wednesday that President operator of Halfaya oilfield company “PetroChina” Chinese (south), business began to add 200 thousand barrels of oil per day to the field production within the third phase of its development.

Iraq’s cabinet endorsed on Tuesday, on the recommendation of the Committee on Energy Ministerial (government), to start the third phase of development of the oil Halfaya field before, “PetroChina” Chinese.

The Halfaya oil field, the largest productive field in Maysan province south of the country, and has oil reserves rate is extracted from the province’s oil fields at 16 billion barrels, according to officials of the Ministry of Federal oil Maysan Oil Company.

A spokesman for the Maysan Oil Company, Khalid and the most important, in a press statement, “The third and final phase of the development of the Halfaya oil field include adding 200 thousand barrels of oil a day to the current production of the field,” pointing out that “PetroChina will take over the task of completing the third stage cross-drilled more oil wells, setting up the infrastructure.

Includes Maysan Oil Company 0.4 Halfaya oil fields are, and Bazerkan, and loose change, and Abu West (South), and holds the Chinese companies invested since 2009, put forward in the oil licensing rounds.

Oil official said that “the field is currently producing 200 thousand barrels per day, and will rise to 400 thousand barrels, which is the maximum attainable energy planned for the production field,” pointing out that “the specific period for the completion of the third phase is one year.”

Iraq is one of the most oil-affected countries fall in oil prices, especially after the decline in prices to around $ 50, which means doubling the fiscal deficit in the annual budget.

Iraq relies on the proportion exceeds 90% of fiscal revenues from oil.

rcookie says():08/31/2016 (00:01 pm) – hits: 261 – number (3729)
An American institution: Iraq faces considerable challenges to build four new refineries by way of investing

Baghdad/range     Platts Agency revealed in us oil and energy, Tuesday, face big challenges for Iraq to draft four ranks in a way that investment, while the oil Ministry is planning to double its crude oil storage capacity of up to about 24 million barrels, the Basra gas company, announced its intention to export another shipment of liquid gas rose 1600 tons.

The Agency said in a report, “the term” learner “Iraqi oil Ministry trying to refer to a program called for four years ago to build four new refineries by way of investment”, stating that “investor contracts with options ranging from a construction contract and ownership and operation, or contract to build and run”.

Platts said the Iraqi side, long sought to attract investors to build those refineries “, noting that” the Baghdad Government program has been offered in various forms since 2008 but there was no chance of attracting investors, with another scheduled to view the bidding on that in 2013 but too late since the win.”

Platts noted that “need Iraq to refineries have become more necessary to absorb the quantities produced of oil especially after closing the Bayji giant, after 2014, which reaches its energy locker to 310 thousand barrels of crude oil a day,” adding that “among the currently planned installations of refineries oil refinery in Karbala highlights only as a stake in the project for capacity of up to 200, 000 barrels a day, which is still under construction with chronological date completed by 2019.

She continued the Agency Platts, said “the Iraqi oil Ministry also plans and through international investments to double the capacity of the storage of crude oil over the next few years to reach 24 million barrels.”

And the Parliamentary Committee on oil and energy, warned (15 April 2016) of gravity control organization (ISIS) on Bayji being will affect the future of the oil sector in the country, and accused the management of the oil sector as “not” required level artistically and didn’t work on building huge refineries meet local demand and avoid the country importing oil derivatives in copious amounts, as called for new refineries built in record time, an oil expert called for the speedy establishment of those refineries that currently not only meet 80% of domestic demand in cases Natural.

The oil Ministry has drawn up a plan to initiate several sites to establish refineries to invest, in Karbala, Nasiriyah, Missan and Kirkuk, to support the country of oil derivatives and the transition from importing petroleum products to export.

From its Basra gas company, announced its intention to export another shipment of liquid gas (cooking gas) to Pakistan by 1600 tons.

Media Manager, said the company in a statement, “Shaalan Al-Darraji” term “, the company completed its readiness to export a ninth shipment of liquid gas (cooking gas) on Tuesday, via the gas port Khor Al Zubair area”, stating that “new shipment quantity amounts to 1600 tons, and will be transported to the port in Pakistan.”

The oil Ministry was in (20 March 2016) exporting the first shipment of local redundant gas condensers (alkondensit) by a Panamanian tanker, then Ministry export more cargo through SOMO (Sumo).

According to the preliminary estimates of the Ministry of oil that Iraq possesses an estimated reserve 132 trillion cubic feet of gas, and that about 70% of Iraqi gas is gas oil companion close to 700 million cubic feet of it was burning and waste due to the lack of infrastructure to handle it. And solve Iraq eleventh place among the world’s rich countries with natural gas after Russia and Iran, both Qatar and Saudi Arabia, UAE, America and Nigeria, Venezuela and Algeria.  LINK

rcookie says():ANOTHER LNG EXPORT SHIPMENT..

 

rcookie says():Rafidain Bank resumes advances to employees

Baghdad/range    Rafidain Bank, announced on Tuesday, resuming the advances to State officials, and called to get them to fill out the electronic form on its website, noting that the form up after office hours “will ignore, reject all forms of ministries” reluctant in paying previous loans and advances “.

In a statement, said the Rafidain Bank received “range” copy that “Bank management decided to resume launching advances to employees by entering the website of the Bank for the purpose of filling the online form for the predecessor during official working hours, otherwise the form will be discarded.

The Bank said it “will reject all forms of reluctant ministries in reimbursements to loans and advances.

The Rafidain Bank decided to stop granting the staff early last year in 2015, after the financial crisis in the country.
rcookie says():08/31/2016 (00:01 pm) – hits: 104 – number (3729)
Ground transportation signs MOU with UAE company to activate the transport and transit

Baghdad/range    Public road transport company announced a Transport Ministry formations, Tuesday signed a memorandum of understanding with the UAE public transport companies, to activate various transit operations on Iraqi territory, confirmed that the contract will “positively” on the Iraqi economy.

The company said in a statement received almhamdaoi Ameer “range”, a copy of it, the company held a memorandum of understanding with hungry for public transportation that will impact the formation of joint committees of both sides to hold regular meetings in Baghdad and Dubai for a joint contract between the two companies for the benefit of both parties, “indicating that” the contract will reflect positive role to support Iraqi economy and its jobs for labour “.

Almhamdaoi added that “signing this note comes to activate the process of road transport-shipping and transit through the territory of Iraq,” referring to “develop company reality better by updating its fleet and increase working mechanisms and developing new outlets.”

Almhamdaoi pointed out that “trucking company expresses her pleasure to activate this cooperation with hungry, in order to move towards future successes.”

The public transport sector in Iraq by railway and road transport sector suffered considerable damage during the last two decades, because of the sanctions imposed on the country in 1990 and was subjected to considerable damage in air attacks during the 1991 war and the war of toppling Saddam Hussein in 2003 and the subsequent looting and pillaging big for this sector, causing it to stop for now.

rcookie says():OIL DOWN TO $48.01….

rcookie says():Political consensus to approve oil and gas law44 Show Last update: Wednesday, August 31, 2016 – 9:19Political consensus to approve oil and gas law

The whole number of deputies on the existence of conviction among political blocs approve oil and gas law after he suffered from many political differences on the approval, stressing that the next few days will see the discussion of the law in the House of Representatives sessions.

Calls to acknowledge, came after the political understandings that resulted from a meeting of Prime Minister Haider al-Abadi, the provincial delegation, who visited Baghdad yesterday, and discussed a number of important files, including oil.

The government spokesman, Saad al-Hadithi, have said »Sabah» Ban to meet with officials of the Kurds Abadi, testified to reach agreement on «hold technical talks between the Federal Ministry of Oil and Mineral Resources in the province on the oil file».

He said the Oil and Energy Committee rapporteur Adil Khamis: The «approve oil and gas law formula that satisfies all the political parties, would be a positive sign towards the development and construction of state institutions in practical terms.»

He stressed in a statement »Sabah» that «the law Corner for several years on the shelves of the House of Representatives because of political differences it, but now the House of Representatives are now looking at the total broken laws -omnha oil and Algaz- as the backbone of the work of the state, and approval will organize state institutions work» .

Khamis explained that «there is no intention and political consensus on the approval of the law; it will be a cause for resolving the many crises and the outstanding problems between the political blocs, including between the central government and the province will contribute to a starting job investments that will help in the development of the oil sector.»

And the MP that «the next few days will witness the launch of law for debate in the House of Representatives, in the presence of conviction among the blocks on the importance of this law and the benefits that could accrue to Iraq, including political stability,» pointing out that «the Kurdistan Alliance has sufficient conviction to approve the law, although some observations ».

Laws package also confirmed that a member of the parliamentary legal committee, MP for the coalition of Kurdish blocs Amin Bakr, the intention of parliament to approve a draft oil and gas law in the coming period. Baker said in a press statement: «We have a package of laws, including the Justice and Accountability and financial laws exempting companies from taxes and oil and gas law» adding that «there is a determination to approval».

rcookie says():region and the provinces for his part, said the Commission on oil and energy parliamentary member Zaher al-Abadi: that «the federal government withdrew a draft oil and gas law, because they need a consensus between the provincial government and the provinces, and therefore there must be harmony and visions of substantive enactment of the law».

He pointed out in a statement to «morning» that «the House of Representatives is determined to legislation discreet bill that would preserve the rights of the province and the center and the provinces and therefore need time for legislation».

The MP added that «the law will contribute to resolving many of the problems and help to achieve the ambition of the people especially in the installation of provincial rights and benefits would benefit the whole of Iraq», pointing out that «the law is passed in this time will be by political blocs, as legislative».

rcookie says():Tomorrow .. starting the first shopping festival with the participation of 60 companies62 Show Last update: Wednesday, August 31, 2016 – 9:14Tomorrow .. starting the first shopping festival with the participation of 60 companies

Baghdad, Ahmed Abed Rabbo, launched on Thursday, the activities of the shopping festival on the land of the Baghdad International Fair, with the participation of more than 60 local and foreign companies, in addition to the Ministry of Industry companies, were known as the Ministry of Commerce for significant reductions priced items.

The director of exhibitions company and commercial services in the Ministry of Commerce, Adel al-Masoudi in a statement made by the «morning», said the company in collaboration with a number of domestic and foreign companies, will hold a festival of shopping on the land of the Baghdad International Fair for the duration of the first and until the middle of next month in September, to coincide with the Eid al-Adha.

He noted that the number of companies, both from the local private sector or foreign acts that will participate the exhibition will exceed the 60 company, articulating in the same issue of the existence of a very large turnout by the malls and complexes and shop owners in Baghdad and the provinces.

He Masoudi that the festival will include performances by companies specializing in various electronic and technical areas, clothing, perfume, carpets, and there are other functions, revealing at the time appointed for the presence of significant reductions in prices as commensurate with the low-income, confirming the compatibility of the exhibits with the taste of the citizen in terms of form and quality,

pointing the festival represents an important opportunity to brief international companies on the potential of the Iraqi market and the opportunities available, in order to encourage them to set up large factories in the country, in addition to holding various business deals the public and private sectors.

Abizaid director of exhibitions and trade services company, that the festival is at the same time, the distinctive effectiveness of the support the government’s drive to open up the prospects of investment in the country,

as well as what it represents an oasis of leisure for families Baghdadi through various offers for children, will also see the presentation of the circus offered by one of the competent Egyptian teams , as well as the establishment of artistic and cultural activities, a variety of others.

In terms of companies the government sector, Masoudi pointed out that the Ministry of Industry companies and metals will participate weigh in the festival, believing promo item that you would get by participating, which noted that he falls within the targets for supporting domestic product of the country’s government, articulating the existence of efforts from the company to make the festival an annual event.

And about exhibitions and trade services company’s activities in the field of presentations, confirmed its continued work to organize fairs and festivals competent authorities in Baghdad and the provinces in coordination with the Ministries of State and governmental bodies and institutions and competent authorities,

in addition to some countries and foreign companies that wish to exhibit their products in Iraq, adding that the company aims through it to find a continuous and direct contact between the local market on the one hand and international companies on the other.

Masoudi promised at the conclusion of his speech activity Almarda, breakthrough towards strengthening the economic and investment sectors in the country, across the world’s largest companies to attract, in addition to stimulate trade, which confirmed that he contributes to the making available to the opportunity for citizens to see the latest in international companies in various fields,

calling in Meanwhile captivity to seize the opportunity by visiting the festival in order to enjoy the atmosphere of shopping and entertainment corridors that would take place over 15 days.

rcookie says():Parliamentary Finance: no intention to repeal Article 14 of the Convention on the International Monetary Fund

Economy News / special parliamentary finance committee confirmed that it has no intention to abolish Article 14 of the International Monetary Fund agreement signed with Iraq on the granting of loans, while confirming that the past parliament to vote on all articles and paragraphs Convention. Committee Chairman Mohammed Halbusi in an interview for “Economy News,

” there was no intention by the Finance Committee or Parliament in general to stop or cancel Any of the Iraqi articles of the Convention with the IMF on loans, stressing that all the materials pour the interests of Iraq and the parliament’s past vote on them.

He added that the international loan will save Iraq from a lot of economic and financial problems that affected the monetary reserves and the general economic situation in the country.

The Prime Minister’s Advisor appearance of Mohammed Saleh, has asked parliament to suspend or stop the Article 14 of the International Monetary Fund agreement with Iraq “, saying that Iraq is required to terminate this paragraph being negatively affect the banking sector and the economy of the country and so far there is no real movement by the Parliament and the World Bank Central to stop this Article. ”

It is said that Article / 14 / of the International Monetary Fund Agreement gives freedom to the countries of the exit of the Iraqi capital and without restrictions and that will lead to the escape of most of the capital under the pretext of trade goods that do not match with the Iraqi specifications and with the amount of hard currency emerging (in the opinion of experts in economic affairs). AJ

http://economy-news.net/content.php?id=4984

rcookie says():BIG SHOCKER….YOU BETTER BELIEVE IT…IMF TAPPING THE DESK SAYING…”YOU WANNA DO WHAT”……

larrykn says():that would not go over well

rcookie says to MrsBGG():GOTTA PUT THIS UP 1 MORE TIME…

rcookie says():Parliamentary Finance: no intention to repeal Article 14 of the Convention on the International Monetary Fund

August 31, 2016  Economy News / special parliamentary finance committee confirmed that it has no intention to abolish Article 14 of the International Monetary Fund agreement signed with Iraq on the granting of loans, while confirming that the past parliament to vote on all articles and paragraphs Convention.

Committee Chairman Mohammed Halbusi in an interview for “Economy News,” there was no intention by the Finance Committee or Parliament in general to stop or cancel Any of the Iraqi articles of the Convention with the IMF on loans, stressing that all the materials pour the interests of Iraq and the parliament’s past vote on them.

He added that the international loan will save Iraq from a lot of economic and financial problems that affected the monetary reserves and the general economic situation in the country.

The Prime Minister’s Advisor appearance of Mohammed Saleh, has asked parliament to suspend or stop the Article 14 of the International Monetary Fund agreement with Iraq “, saying that Iraq is required to terminate this paragraph being negatively affect the banking sector and the economy of the country and so far there is no real movement by the Parliament and the World Bank Central to stop this Article.

” It is said that Article / 14 / of the International Monetary Fund Agreement gives freedom to the countries of the exit of the Iraqi capital and without restrictions and that will lead to the escape of most of the capital under the pretext of trade goods that do not match with the Iraqi specifications and with the amount of hard currency emerging (in the opinion of experts in economic affairs). AJ

LINK   http://www.dinarupdates.com/showthread.php?39992-Parl-Finance-no-intention-to-repeal-Article-14-Convention-on-IMF-8-31&p=160343#post160343

rcookie says():” It is said that Article / 14 / of the International Monetary Fund Agreement gives freedom to the countries of the exit of the Iraqi capital and without restrictions and that will lead to the escape of most of the capital under the pretext of trade goods that do not match with the Iraqi specifications and with the amount of hard currency emerging (in the opinion of experts in economic affairs). AJ

rcookie says():” It is said that Article / 14 / of the International Monetary Fund Agreement gives freedom to the countries of the exit of the Iraqi capital and without restrictions and that will lead to the escape of most of the capital under the pretext of trade goods that do not match with the Iraqi specifications and with the amount of hard currency emerging (in the opinion of experts in economic affairs). AJ

rcookie says():” It is said that Article / 14 / of the International Monetary Fund Agreement gives freedom to the countries of the exit of the Iraqi capital and without restrictions and that will lead to the escape of most of the capital under the pretext of trade goods that do not match with the Iraqi specifications and with the amount of hard currency emerging (in the opinion of experts in economic affairs). AJ

rcookie says():HERE IS THAT ARTICLE 14 FRFOM THE IMF……..

rcookie says():14. The government will gradually remove remaining exchange restrictions and multiple currency practice (MCP) with a view to eliminating exchange rate distortions.

Such a move towards acceptance of the obligations under Article VIII of the IMF’s Articles of Agreement will send a positive signal to the investment community that Iraq is committed to maintain an exchange system that is free of restrictions and MCPs for current international transactions and thus facilitate creation of a favorable business climate.

As a first step, the Council of Ministers will approve and introduce to parliament an amendment of the Investment Law, or the CBI will issue clarifying implementing regulations, to remove the limitation on transfer of investment proceeds that gives rise to an exchange restriction (SB Table 5), as recommended by a recent technical assistance mission of the IMF.

As a second step, the CBI will, by the end of 2016, make the weekly limits on the purchase of cash at the weekly foreign currency auctions indicative, in the sense that any bank requiring additional cash for their clients’ legitimate travel expenses will be able to obtain the required amount above these limits on the basis of appropriate documentation.

The CBI will make the public aware of such a policy by explaining it through a press conference and on its external website.

tycho says():Good day to all
tycho says():I just read article posted, started crying Mrs. BGG.

tycho says():Good morning Mrs. BGG totally over whelmed right now.

MrsBGG says to tycho():Enjoy the journey 🙂

larrykn says():and what a journey it is 🙂
larrykn says():5 years next month for me lol
tycho says():My daughter called me from Iraq middle of the night she was excited, one of her fellow officers had been given the information

MrsBGG says to tycho():Really, what does she do over there?

tycho says():She is in special forces,

larrykn says to tycho():what information

MrsBGG says to tycho():really? very neat!
larrykn says to tycho():whooya 🙂

tycho says():Alot of them are holding Dinar
MrsBGG says to tycho():what a blessing to have talked with her!

tycho says():Yes it is , knowing that she is safe at that time
MrsBGG says to tycho():yes 🙂

Woodywoodpecker says():tych what did she tell you
Woodywoodpecker says():tycho I meant

tycho says():Woodywoodpecker, I can only say this. Takes alot to get my daughter excited about anything.

Woodywoodpecker says():me too
deeinup says to tycho():But tycho I wanna cry too.:D

tycho says():She is married to a Navy Seal
tycho says():hey deeinup , been a long ride for all of us in here. The news is so amazing just had to let it all out.

deeinup says to tycho():Awesome…Let it rip!
deeinup says to tycho():jk

tycho says):I know, everything is great
deeinup says to tycho():Need a car and only have $1000…should I wait a bit more?
tycho says():Hey Im in the same situation, soon will be riding in a flinstrone car

deeinup says to tycho():lol…so true!!(lol)
tycho says():Did they record last nights call?
deeinup says to tycho():Was wondering the same thing…not on the site yet.({)
tycho says():Hope so
tycho says():great news,

Read More: http://www.dinarupdates.com/showthread.php?39971-Wednesday-August-31-2016

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