Walkingstick: CBI News & Announcements
To / all licensed banks and money transfer companies and exchange companies (stop processing the dollar) 12/14/2015 http://www.cbi.iq/?pid=Home&lang=ar
DELTA: THEY ARE STOPPING THE PROCESS OF DOLLAR WITH ONLY 4 EXCHANGE COMPANIES FOR VIOLATION!!! DELTA
Frank26: (LOL :)) ) ……………… OH MY GOODNESS ! ……… OH JIMMIE CRIKETS !! ………. OH NUTS AND BOLTS DELTA !!! …………. IT’S ANOTHER DELAY !!! !!! !! lol Where is my smiley that rolls on the floor?!!!
BROTHER ………. I GAVE ITEAM YOUR REPORT LAST NIGHT. THEY ONLY SMILED. LITTLE WORDS WITH MOUTH ……… WISH I COULD SEE THEIR ………. EYES.
NOTE: NOV 21ST WAS 3 WEEK AHEAD ………. SO IS THIS STEP VISUAL NOW. LOVE YOU………. JOIN ME TONIGHT ONLY IF YOU WISH.
Sfeland: :Wow, this is huge!!! The timing is awesome! !! Thanks WS!!!
Frank26: Because of ………… LAWS ………. If they do not then DRS will fine them into oblivion.
THE MR OF THE IQD FOR DRS AND HIS CBI IS LOCKING ITSELF INTO INTERNATIONAL POSITION WITH THE GRIP OF MEGATRON.
C U in …………….. 7. KTFA Frank
Alan: I would say this is huge news if the CBI did NOT do auctions. Not sure when these news and announcementS go into effect.
How can the CBI tell the banks to stop processing the USD and still sell USD to the banks. Here’s 100,000,000 USD but don’t use it….
Again is this announcement was issued then why do auctions. Why supply banks with USD if they can’t use them. It’s a contradiction oh…… IMO
Frank26: Good qt and fair. But what are You doing on Dec 31st?
Why Frank.Cause that is when You will see the answer to Your qt. Ask this tonight !!!
Zerb: Good points big Alan! What if the auctions served another purpose??? Supplying banks with what we have been waiting for! Bye bye USD…hello big boy pants. Lol
Hmmmmm? See my elephant go up and down? Hehe thats what the auction amount needs to do! Let’s watch what they do!!! I am stronger Lord!
Alan: Isn’t the CBI like our federal reserve? They supply banks with currency to meet customer needs.
So if BOA needs cash then they sell it to banks. If smaller banks in Iraq need cash they buy it at CBI auctions right? Either way putting USD into the Iraqi economy will never bring on an RV IMO.
I’ve always felt regardless of what we see Iraq do with laws or budgets we won’t see an rv until Iraq stops using the USD. IMO
Aggiedad77: Well Family, I’m predicting big BIG news here……and I think billuke has asked how this differs from previous posts made by the CBI on the Arabic side in the past (November and back in March)….
Well…..they knew what they needed to do….but they lacked having in hand what they needed…..now….maybe this time it will work for them…..it is what we need to watch with diligence for….the LD’s…..let the third time be the charm…..keep a sharp eye for good things to come. Aloha Randy
DLR :Frank-How does the CBI announcement affect the average person in Iraq
Frank26: Like 1000 and 1 prairie dogs all at once looking …………… In the same direction.
They understand. Not Math.
But a new Monetary Reform is upon them.
Today’s actions are like the farmer bringing the feed for many to …………. Finally eat.
I would not say they are excited …….. I do say They are WATCHING.
Dnari131: GCC NEWS
Six Gulf states will start taxing people for the first time
The Gulf Cooperation Council has agreed to introduce VAT following costly military campaigns and a drop in global oil prices
Samuel Osborne Thursday 10 December 2015
Six Gulf states have said they will tax their citizens for the first time in a radical policy shift.
The Gulf Cooperation Council (GCC) – a loose fedration of Saudi Arabia, Kuwait, Bahrain, Oman, Qatar and the United Arab Emirates – has agreed to introduce VAT following costly military campaigns and a drop in global oil prices.
Saudi Arabia has withdrawn tens of billions of dollars from global investment funds in an attempt to reduce its budget deficit, The Times reports.
Despite this, it has pursued an aggressive foreign policy, supporting anti-government troops in Syria and spearheading an eight-month military campaign against Iran-backed rebels in Yemen.
Oil prices have dropped near $40 a barrel this week, the lowest since the financial crisis.
Taxation is considered an alternative source of income for Gulf states hoping to move their economies and populations away from a dependence on oil and gas.
The council announced a target to introduce VAT over the next three years. Healthcare, education, social services and 94 food items will be excluded.
Aggiedad77: Santa’s List keeps getting check marks placed by the good things….indeed…..tariffs….check….border points ready….check….watch for more Aloha Randy
Walkingstick: Border points to ensure that customs tariffs are met
BAGHDAD / Obelisk: The Cabinet decided on Sunday, the introduction of points in the approved border crossing points shall check and make sure customs tariff are met, and the introduction of standardization of quality control points.
Information Office of the Council of Ministers said in a statement, that ‘the Council of Ministers decided in its normal 46 held on (8 December 2015) the Federal / Public Authority Finance Ministry for Customs introduction Kmarkip points holds the audit and make sure that they satisfy the customs tariff law in righteous border crossing points’.
He added that ‘those points to take the necessary fulfillment of a full tariff when it is not paid in those ports or the remaining portion of which procedures are met when you are not in full satisfy those approved border crossing points.
The statement continued, that ‘the Council also decided that the Ministry of Federal Planning and by the Central Organization for Standardization and Quality Control introduction of standardization points quality control shall ensure the conformity of the goods involved in the border force approved the approved standards wherever required in the various governorates of Iraq’.
-ChAggiedad77: I smell a Parliamentary vote on the budget cooking
Remember Hillary…..I’m sure she’s grinning over the direction of this article that these refineries will be a part of the private sector it seems….let the private sector….the real talent for developing the refining entity within Iraq develop the processing of crude oil and gas…..
Keep the government out of the pie….let the Big Boy Oil Companies who know how to run these babies take care of business.
Walkingstick: Economic parliamentary: soon vote on the oil refineries investment law
Date: 12/14/2015 18:12 14
Information / special / ..
Committee announced its economy and invest in the House of Representatives, Monday, for the arrival of a draft investment law refineries to stage the vote, unexpectedly passed after the completion of the federal budget for the year 2016.
He said committee member Najiba Najib told / information / that “discussions regarding investment refinery project has reached the final stages.”
Najib explained that “this law involving the committees of the economy, and oil and energy Alnaaptin”, noting to “end the House of Representatives for the first and second readings to him.”
She pointed out that “the refineries under the forthcoming law would not invest a state monopoly, but remains exposed to the private sector because of the great utility of this approach,” indicating that “the House of Representatives is currently preoccupied with passage of the budget, and then will vote on the law.” Finished / 25 h
JDTolle: Manhiem Steamroller-Christmas in the Aire