Dinar Updates Member Chat 1-28-16 Excerpts & Highlights
rcookie says(): Iraq and Armenia sign agreements in the field of industry and the economy
History of edits:: 2016/1/28 10:07 • 62 visits readable
[Baghdad – where] Iraq and Armenia signed on the agenda of Armenian Iraqi Joint Committee, a number of agreements in the field of agriculture and industry.
where he headed the Iraqi side and Agriculture Minister Falah Hassan Zaidan and representatives from some Iraqi ministries while headed the Armenian side and the Minister of the local loop and emergencies Armin Aretsian and Armenian ambassador in Baghdad.
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larrykn says(): suppose to help, they say the shot cost $1000 each
Every country in the country and the other to provide the facilities and assistance possible, and urged the Armenian companies sober for work and investment in Iraq and various projects, particularly with the Iraqi Ministry of Trade companies.
“The statement quoted the minister Zaidan referring to” sign a number of agreements, including agricultural, industrial, trade and energy sectors and the economy, “explaining It’s “friendship agreements and considered these agreements benefit of the Iraqi people and the peoples of the region in order to promote them according to scientific methods.”
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such as organic farming and production the seeds of wheat, barley and maize, as well as the production of vegetable seeds and modern irrigation techniques and techniques of modern agriculture and greenhouses of all kinds so as to develop the agricultural sector and support the Iraqi economy.
“He explained that” these agreements come within the Iraqi government’s efforts and the Ministry of Agriculture in developing cooperation with the countries of the world and the opening of agreed joint cooperation in various sectors, “.anth
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LLN65 says to larrykn():have you had them before/
larrykn says():no first time
rcookie says to LLN65():GM LLN65…YVW
LLN65 says to larrykn():ogh well hope they help you
larrykn says():I heard they don’t last long enough so someday I’ll have to have knee surgery
BGG says to larrykn():I have often made room for other thoughts than my own to be right…
BGG says to larrykn():like a lot of things in the M.E. these days, things change…
larrykn says():they sure do BGG
larrykn says():I just don’t think they can afford to let it go up that slow, they need it now
larrykn says():or start off at 1160
BGG says to larrykn():for this to work in their current environment – one will have to convince me this somehow helps them actually bridge this looming budget deficit… as they have pointed out NEEDS to happen…
BGG says to larrykn():otherwise it’s just “obsolete conjecture”…
rcookie says to LLN65(7:30 AM): HERE IS FURTHER REPORTING AGAI OF TARIFFS ACTIVATED IN IRAQ…WITH BASRA DEMANDING CONFIRMATION OF EQUAL ACTIVATION IN KURDISTAN & ALL OTHER PROVINCES FOR ASSUARANCE OF PARITY PRICING IN MARKET….
AS POSTED A GREAT REPORT THAT SHOWS THE COMPLEXITIES OF THE CUSTOMS TARIFF PROGRAM THAT GO FAR BEYOND SLAPPING A FIXED TAX RATE ON IMPORTED GOODS…
AS PROGRAM IN ITS ENTIRETY….MUCH MORE INVOLVED …COLLATERAL ISSUES THAT MAKE PROGRAM WORK….
rcookie says(): Deputy: kmerkih fee by 30% in the ports of Basra hit the economy of the province
Baghdad balance news The Deputy called the State of law Coalition emotions grace, Thursday, the Government and the Prime Minister to adopt the principle of Justice in excise customs and make them equal in border ports in Basra and Kurdistan, saying the tariff collection by 30% in border ports of Basra and 5% in Kurdistan is a hit to the economy.
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rcookie says(She said in a statement received/balance of news copy, that “Iraqis are equal in rights and duties under the Constitution, but we see the reverse of that on the ground, since on 18/1/2016 tariffs introduced in Basra by 30%,
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rcookie says(): She said a Deputy from the province of Basra, “the imposition of the tariff on the Basra ports only procedure is messy and failed, especially with regard to outstanding food several days ago to the inability of merchants to pay their fees are very high,
so are the goods subject to spoilage, either if they pay the fee, to consumer goods will arrive at a high price, these are also fighting for the Iraqi people in their strength and their food and especially low-income families in all provinces.”
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rcookie says(): Grace emphasized “the need for the intervention of the Prime Minister immediately to resolve the problem before they escalate into a crisis, especially since many traders threatened to take action the simplest way to protest unfair tariff and worst move their goods to alternative ports.” finished 29/d 24
Risk says to magnetlady():I dont blame Basra or any other province that is losing revenue due to unfair playing field
Risk says():Just one more thing added to Abadi’s long list
rcookie says(): AND…I HAVE THE ACTUAL CUTOMES TAX CODE LIST AND RATES…WS IN TABLE THAT DOESNT COPY & TRANSFER WELL…BUT YOU’LL GET IDEA….
rcookie says(): Table of imported goods covered by the application of the tariff code declared KIA llkmark, Ministry of finance
January 28, 2016 10:46 am Table showing materials and imported goods announced by public authority llkmark in the Ministry of Finance covered by the application of the tariff act
1 All kinds of alcoholic beverages contained items 22.08.-22.05 22.06-22.04-22.03 22.03 80%
2 Non-raw tobacco factory and his leftovers 24.01 15%
3 Coil lags (cigar) 24.02 50%
4 Small coil (cigarettes) 24.02 25%
6 and all species contained item 24.03 50% Abstracts and spirits, tobacco 24.03 50%
7 Honeyed 24.03 50%
8 Paint and varnish contained item 32.10, 32.09, 32.8 10% 32.08 32.09 32.10 10%
9 Prepared driers contained item 32.11 20%
11 Printing ink, writing or drawing ink and other inks, whether concentrated or rigid form contained in item 32.15 32.15 10-15%
12 Perfumes and beauty water (toilet) contained 33.03 25% in item
13 Accessories beauty preparations (make-up) skin care preparations, non-pharmacological contained item 33.04 20%
14 Preps balsharalwardh care section 33.05 33.05 20%
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rcookie says(): 16 Lubricating preparations, preparations of solving bolts, stainless appliances, corrosion, Preps solution templates which lubricants and all material contained in item 34.0 34.03 5%
17 Polishing preparations and putties for footwear, furniture, floors aullarbat aullsgag or metal powders and putties is evident, although in the form of paper or fillers or felt and all materials rose item 34.05 34.05 10%
19 Prepared explosives other than Gunpowder 36.02 10%
20 Safety fuses, detonating cords, blasting caps, 36.03 36.03 10% ignition ignition devices, explosives and all material contained in clause
21 Fireworks shells reference contained in section 36.04 36.04 50%
22 Fireworks Other 36.04 10%
24 Stones lighter 36.06 25%
25 Liquid fuel and gas filling or refilling lighters 36.06 5%
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27 Movies filmed in rolls except paper or cardboard or fabric, instant photography film rolls contained item 37.02 20%
-For x-ray imaging 37.02 5%
28 Paper and paperboard for photo weaving sensitized, unexposed contained item 37.03 37.03 20%
29 Plates, films and paper and paperboard photo weaving catalog but its appearance received item 37.04 37.04 20%
31 Cinematographic films 37.06 20%
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rcookie says(): 32 Chemical preparations for use in photography contained item 37.07 37.07 20% 33 Floor coverings of plastics, in rolls or squares or 39.20-39.21-39.19-39.18 15% tiles, covers the walls and roofs of the plastics in items ‘
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Risk says(): 19 Prepared explosives other than Gunpowder 36.02 10%……..lol…..
rcookie says():ANOTHER ECONOMIST CALLING FOR END OF AUCTIONS AND DIRE CONDITIONS THAT HAVE RESULTED AWAY FROM PROGRAM FAILURE….
rcookie says(): Economist: Iraq Savels constantly central bank sold the dollar
History of edits:: 2016/1/28 8:45 • 377 visits readable [Baghdad – where] an economist warned of the bankruptcy of the Iraqi state in the event of continued central bank selling treasury of the dollar.
The economist said David Zayer told all of Iraq [where], that “the depletion of central bank balance of the dollar will arrive to the bankruptcy of the state, after we crossed the bankruptcy of the government stage, because this depletion leads to reset your bank balance of hard currency.”
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rcookie says(): “He noted Zayer that” he is supposed Administration Dollar money that comes from oil wealth and other investment projects, not turn them into consumer products, because the financial reserves in the world where more than, more than economic weight, but that happens in the country that we alter this hard currency local Iraqi dinar who does not work outside the Iraqi border.
“The official document of the Finance Committee in Parliament revealed that the central bank sold the amount of the US dollar in the past year 2015 more than Iraq’s imports of foreign currency obtained from the sale of crude oil in the same year.
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rcookie says(): showed the document to state revenues from oil for the year 2015 amounted to $ 38 billion, while sales were Bank the same year more than $ 44 billion, a difference of more than five billion dollars, that is what sold Iraq of foreign currency more than its imports from them.
The Iraq faces a financial crisis due to the sharp decline of oil, in terms of financial budget for this year with a total expenditure of more than 105 trillion deficit accounted for 22.8%, reaching a total revenue of the 81 trillion and 700 billion dinars, the oil revenues, of which 69 trillion and 773 billion dinars The increase of 85.1% of total revenues, while non-oil revenues amounted to more than 11 trillion and 927 billion dinars The increase of 13.6% of total revenues .anthy 2
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jtank says():prepared bombs–hmm
rcookie says(SIMILAR COMMENTARY TO HOLLYS BANKER FRIEND ON AUCTION PERFORMANCE INMARKET….
jtank says(): tarriffs and taxes are refined
rcookie says(): OK..POSTED THIS LATE YESTERDAY BUT WOW!!!
THAT WILL MORE THAN DOUBLE THEIR TRADE CAPACITY..AND PROCESSING OF 2 MILLION PLUS VISITORS DURING RELIGIOUS CELEBRATIONS…
larrykn says(): how could Iraq open a trade border when they don’t have a rate to charge them with
clay says(): good question
clay says(): unlevel playing field
rcookie says(): WE KNOW THEY SIGNED $60 BILLION TRADE AGREEMENT WITH CHINA LAST WEEK…
AND NOW WE KNOW THAT THEIR PRESIDENT ROWHANI..AND DELEGATION OF ECONOMISTS… BUSINESS SPECALISTS…ETC ON A EUROPEAN TOUR THAT TOOK THEM TO VATICAN ON MONDAY…. AND PARIS YESTERDAY….
HMMM THEY SIGNED AGREEMENT FOR 114 AIRBUS PLANES & PEUGEOT & RENAULT FACTRY CONTRACTS WORTH $25+BILLION….AND MORE THAN 15 AGREEMENTS WITH ITALY WORTH $17 BILLIO…..
THIS REPORTS STATES IRANS NEED FOR $30-50 BILLION PER YEAR TO ACHIEVE THE 8% ECONOMIC GROWTH RATE…..
rcookie says(): Iran aimed at satisfying European economy of the gate
January 28, 2016 Iranian President Hassan Rowhani arrived Wednesday afternoon to France, the second leg of the tour initiated Monday in Rome and across it to seek rapprochement with the European countries after the lifting associated with the nuclear program of his country’s sanctions.
It is expected to witness a spiritual visit to Paris, the signing of important business contracts along the lines of what happened in Rome.
Tehran also announced that he will be great in the French capital to sign an agreement with the European aviation giant “Airbus” includes 114 aircraft. In Italy, it was signed 15 agreements worth ranged between 15 and 17 billion dollars.
jtank says():china tries for a 10% rate
rcookie says():Rohani is accompanied in his European tour delegation of hundreds of economists, as well as foreign, oil, transport, industry, health ministers.
Rowhani, and arrived in Paris on Wednesday afternoon, where he will meet France’s Francois Hollande, the owners institutions counterpart, and his visit centered on the economic side.
Experts say that Iran wants to play a paper economy to improve its image in the international community, namely, long known for being a closed state and sponsor of a number of terrorist organizations.
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jtank says(): 1.5 bil peeps
He said Deputy Transport Minister smaller honorary Kashan Iran “wants to essentially buy Airbus A320 aircraft, the A321 and A330” to receive this year and in 2017.
Last spiritual aims to push his tour Aloorurbin to overlook Iran’s track record to destabilize the security of the region
He pointed out that “as of 2020 Sntzlm Airbus A350 and 380. We want to buy eight Airbus A380 and 16 Airbus A350.”
The Rohani said before heading to Europe, Monday, to economic projects with France “in the field of transport, as will be the signing of contracts in France because we develop our fleet.” He also referred to the automotive sector, he said, “it will be probably signed
rcookie says(): important contracts with Peugeot and Renault.” He participated Rowhani, Tuesday, in an economic forum between Italy and Iran, which prompted dozens of owners of Italian enterprises to invest in Iran.
Rowhani stressed that “Iran is the safest and most stable country in the region.”
And seeking European capitals to launch business initiatives for the invasion of the Iranian market to make up for lost for the benefit of Russia and emerging countries such as China and Turkey.
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rcookie says(): The nuclear deal with world powers to end the international isolation of Iran in exchange for limitations on its nuclear program, and will allow it to use frozen balances tens of billions of dollars and re-open the country to foreign investment and allowing it to sell oil again in global markets.
He says President Hassan Rowhani, who led his country’s efforts to conclude a nuclear deal that “Iran needs new investments between 30 and 50 billion dollars a year to achieve the targeted economic growth of eight percent.”
And companies in Europe and Asia precedence over American companies, as the United States continues to impose some sanctions on Tehran, which is a constraint on US companies.
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rcookie: But a lot of banks and international companies and foreign investors do not hurry to enter the Iranian market because of the potential risk of violating the remaining US sanctions and the ambiguity of some legal points.
Coinciding with the visit to Europe sent the Iranian president, on Wednesday, letters confirming his desire to establish better relations with the United States, which is described in his country’s biggest devil.
Rowhani said that “Iran can be assessed better relations with the United States, but it depends on Washington to change its position ‘hostile’ from Tehran.”
“It is possible that the friendly relations between Iran and the United States, but this is key in the hands of Washington, not Tehran.” He is adding that he would be pleased to
larrykn: well got to go have a great day all cya all later
And accuses many Western countries Iran of funding different militant groups are included on the lists of terrorism for the United States and the European Union.
Despite Iran’s agreement with world powers to curb its nuclear program activities, the United States keep the financial sanctions imposed on Tehran because of its links with organizations such as the Lebanese Hezbollah.
However, Rowhani insisted on categorical rejection of accusations to the effect that Iran financed terrorist organizations. “It is clear that Iran is a country opposed to terrorism and the country is fighting terrorism.” London-based Arab newspaper
clay says():like Larry stated how can they have open border crossing w/Iran where Iran will make billions and Iraq has a worthless currency and basically make nothing
subgirl says to clay():good question and it makes one go hmmmm… 🙂
clay says():for sure
Tex1 says to clay():Morning Clay ,,,,,Subby Isn’t Iran’s money worth less than Iraq’s..??
clay says to Tex1():hey buddy good point but what happens when their currency goes internl
clay says to Tex1():I dont know if that is true or not w/sanctions
clay says to Tex1():good question
mudder says():GM Folks… Their currency is far from being international
Where’sthebeef says to clay():wouldn’t it be the same as Iraq having an open border with Kuwait, etc etc. Kuwait’s money def, isn’t wothless
clay says to Where’sthebeef():very true
mudder says():Having their swift codes for Jan 31 doesn’t mean they will act NOW… Iraq’s had theirs for months…
clay says to mudder():makes you wonder whats the holdup and what will it take
Tex1 says to clay():Well Yall get this straightened out by Noon,,,I need a new boat… See Yall later.
mudder says():The state of iran’s financial situation is FAR WORSE then iraq…
Where’sthebeef says to mudder():Exctly, I see the swift code for Iran, as having absolutley zero to do with what Iraq does.
Where’sthebeef says to mudder():I think there is enough good news that points to good things happening, hopefully sometime soon, but the swift code is nada.
mudder says to Where’sthebeef():To many people are thinking great things for iran at the end of the month…. It’s just not gonna happen that way…
mudder says to Where’sthebeef():There’s still many countrys that haven’t removed all the sanctions including the US
subgirl says():I am thinking Iran will push Iraq to move ahead… I realize IMF has control… and I am thankful for that. They are going like crazy with meeting deadlines and such… Guess we shall see what happens on the 31st and 1st of Feb. 🙂
Where’sthebeef says to subgirl():Sub, I would love nothing else to see Iran push Iraq into the RV, but I just dont see that. I don’t think we are that far off anymore, but I won’t be offended if you are right!!! smile
msdiva says():did rcookie bring in any news about the IMF reforms
subgirl says to Where’sthebeef(): rcookie says to Hutch(4:33 PM):WE KNOW THAT SWIFT IS ACTIVE IN IRAN AS OF JANUARY 31ST……
WE KNOW THAT IRAN & IRAQ ARE EACH OTHERS LARGEST TRADE PARTNERS….
WE KNOW THAT CUSTOMS TARIFFS ARE IN EFFECT AND RETRO TO 1/1/16….
WE KNOW THAT IRAQS WASIT UNIVERSITY HAS A SCIENTIFIC MOU WITH IRANS ILAM UNIVERSITY…
WE KOW THAT THIS NEW PORT WILL BE CLOSEST TO CITIES OF KARBALA & NAJAF HOLY CITIES AND GENERATE LARGE REVENUES TO THE PROVINCE…
WE KNOW THE PORT IS OPENING IN NEXT FEW DAYS….BE ABLE TO HANDLE 2,000 VISITORS/DAY…AND 2 MILLION VISITORS DURING RELIGIOUS HOLIDAYS….WITH VISA ISSUANCE FACILITIES…
WE KNOW IT WILL CREATE EMPLOYMENT OPPORTUNITIES…AND PROVIDE NEW REVENUES….WHILE PREVENTING TRAGIC CHAOS THAT OCCURED IN 2015….
WE KNOW THERE WILL BE EXCHANGE OF
mudder says():There’s still law and security that need to be dealt with… Don’t think it will happen before the 1st of Feb…. But were heading in the right direction really fast…lol
subgirl says to Where’sthebeef():EXCHANGE OF SCIENTIFIC & ACADEMIC EXPERTISE
subgirl says to Where’sthebeef():I thot that summarized it up real nice!!
Where’sthebeef says to subgirl():Yes, I read that, and that is factual and a little speculative. I personally don’t think tariffs are activated, We have read where Basra has stopped the tariffs, because vendors were taking their goods to Kurdistan, and bringing them in to not have to pay a tariff.
Iraq and Iran are trade partners, but so is iraq and Turkey, Iraq and Kuwait, etc etc. Look, I am not debating that everything, seems to be in place. We will see soon enough, and I truly hope that the “excitement/hype” of the 31st/1st comes to fruition. Lord knows, I am ready for it to be over.
R&R says to Where’sthebeef():(handshake)
tman23 says():Mp from the Kurdish Alliance rebwar Taha conflicting statements by officials in the Federal Government are of concern to citizens over the economic crisis and the fear of not providing payroll.
while the Prime Minister’s Office between the absence of concerns about salaries , Indicating that such conflicting statements by responsible party means the country’s financial and economic concern in the minds of citizens,
He surprised such discrepancies in statements without reference to the matters relied upon by those in the statement…….. THE GOI REPRESENTATIVES ARE CONFUSED,
THE CITIZENS ARE CONFUSED…….AND THE LEADERS NOT ON THE SAME PAGE ….
mudder says to tman23():Sounds normal…lol