OOTW & Butifldrm (Chat)

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Butifldrm: Hi everyone

Butifldrm: I haven’t been in chat for a while but there is a lot of good news coming from Iraq today

Butifldrm: there was an article that came out this week about Iraq’s debt

Butifldrm: not sure if all will post, but it is very important

Butifldrm: Iraq’s debt to $ 40 billion the window and the parliamentary financial stresses: Nsddha annually Economy and Tenders Since 10/27/2015 14:54 pm (Baghdad time) Special – scales News Said the parliamentary finance committee member Husam punitive, Tuesday, there to pay annual debt Iraq window specified by the Ministry of Finance, among that are addressing this problem through the budget.
He’s punitive / scales News / “There is an annual repayment of the debt of Iraq window specified by the Ministry of Finance in agreement,” stressing that “to address this problem is done through the budget.”

In the same context, MP Majda al-Tamimi, confirmed that “Iraq’s debts amounting to $ 81 billion, of which $ 40 billion effective debt must be repaid,” noting that “the Iraqi financial system allows squandering public money and hospitality minister costing a hundred million dinars a month.”

The parliamentary Finance Committee confirmed that “the operating budget of $ 74 billion and investing $ 27 billion in revenue this year and the other did not exceed one billion dollars stressing that the central bank reserves of $ 49 billion only.”

It is clear that “the budget forecast very far from reality and illogical attributed due to the current austerity policy did not provide a lot of the budget” .anthy 29 / GS / 18/4 e

Butifldrm: there were some comments on the fact that some of us did not believe Iraq owed that amount

Butifldrm: this is from the CBI

Butifldrm: oh let me first post the link to the debt article  Butifldrm: www.mawazin.net/%D8%AF%D9…LINK

Butifldrm: Now this is from the CBI

Butifldrm: Government Debt Total government debt is estimated to be $92.3 billion in 2010 and is comprised of the following components: – External debt ($87.7 billion, of which $45 billion can be subject to debt reduction by non-Paris Club official creditors, comparable to the Paris Club agreement) – Domestic debt ($4.6 billion) Note: Iraq’s GDP in 2010 is estimated to be $82.2 billion.

External Debt Restructuring Following the ouster of the regime in spring 2003, Iraq’s external debt was estimated to be between $130-$140 billion. Reducing this debt to a sustainable level has been a priority since 2003 and debt relief negotiations have taken place in a variety of forums.

This has led to the cancelation of a significant amount of Iraq’s external debt. Iraq’s external debt is comprised of four components: Paris Club bilateral debt ($42.5 billion) Non-Paris Club bilateral debt ($67.4 billion) Commercial debt ($20 billion) Multilateral debt ($0.5 billion) Debt relief negotiations first led to an 80% reduction of the Paris Club debt.

The Paris Club agreement also set the terms for non-Paris Club and commercial debt cancelation levels. A provision of the Paris Club agreement is that Iraq cannot accept a debt cancellation agreement with other creditors on more favorable terms for Iraq than those reached with the Paris Club.

Thus, Iraq is expected to receive no more than an 80% cancelation from all of its creditors. Negotiations with non-Paris Club creditors are ongoing (mainly with Gulf countries), and resolution of the commercial debt is largely complete. This portion of the external debt has been reduced to $45 billion in 2010 (see government debt above).

Butifldrm: Take notice of the debt and the date  This portion of the external debt has been reduced to $45 billion in 2010 (see government debt above).

Butifldrm: Iraq presently is in a sovereign debt crisis

Butifldrm: In 2014 we know they had at least 80B in reserves.

Butifldrm: Iraqi Central Bank decided on Thursday, “coined a variety of gold bullion” to sell the gold dealers, investors and segments of Iraqi society, as he emphasized that “this action represents one of the instruments of monetary policy to the Bank.”

According to a statement of the Central Bank of Iraq it received (range Press) copy of it, it was “for the purpose of diversifying the means of savings to the public and to provide quantities of gold from the origins sober sold to dealers in gold, investors and segments of society Bdinaralaraca,

the Bank’s Board of Directors decided in consultation with the Committee on Economic Affairs coined a variety of gold bullion ranging between weights (5 g and 1000 g). ”

The statement added that “the Bank began contracting for gold bullion procedures for imported and then sold through the banking system,” adding that “this procedure represents a monetary policy of the Central Bank of tools.”

Economists believe that the World Gold entry to Iraq is a positive case for the revitalization of gold deal in the Iraqi market, especially since the Iraqi gold market was not affected by the entry of the United Arab Emirates and Turkish gold.

Butifldrm: he Iraqi Central Bank revealed in (September 22 2013) The reserves for the arrival of foreign currency and gold to about 80 billion dollars, while attributed to an increase in world prices for oil, the reserve is expected to increase over the coming months.

The International Monetary Fund, announced that, in (23 March 2013), that the financial balances preventive in the Development Fund for Iraq rose in 2012 to $ 18 billion, and cash reserve of the Central Bank of hard currency to $ 70 billion, attributing this rise to “revenue oil unexpected.

” Financial experts assert that Iraq’s stockpile of money has covered the cash flow over the past years, demanding the government to adopt alternative ways to cover the deficit, including recourse to the application of secondary-market policies that have been agreed with the government.

Butifldrm: www.almadapress.com/ar/ne…  LINK 

Butifldrm: Now Iraq has deleted their reserves according to this article to 49B

Butifldrm: So that leads to the question of why the debt?

Butifldrm: the good news: I don’t have to go into detail about ISIS, Maliki, the owners SLC, or the majority of corruption which have siphoned off 312 Billion dollars from the economy, but today the investment law was passed and in that law there is decentralization of the funds for projects that directly affect the people

Butifldrm: We see that Abadi is going through with replacing at least 10 ministers in his reforms

Butifldrm: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=2668

Butifldrm: Oh here is the CBI link   Butifldrm: www.cbi.iq/index.php
http://www.cbi.iq/index.php?pid=GovernmentSecurities

Butifldrm: the debt is from Iraq having a lack of vision blurred from corruption

Butifldrm: Abadi has the vision, I am not sure if he has to the protection to see it through

Butifldrm: good

OOTW: HIYA EVERYONE

Butifldrm: noone here but us

chattels: head of the US Joint Chiefs of Staff Gen. Joseph Dnford on Tuesday said he would recommend the deployment of US troops near the Iraqi soldiers to fight al Daash. “If it appears that the procedure will enhance the chances of the defeat of the organization.” chattels: www.alliraqnews.com/modul…

http://www.alliraqnews.com/modules/news/article.php?storytopic=42&storyid=19410

OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=2680&pid=6041#pid6041

OOTW: GREAT CHAT BUTI   OOTW: JUST READING IT

chattels: US Secretary of Defense Ashton Carter said Tuesday that US forces would step up pressure on the organization Daash in Iraq and Syria fighters. Carter said before the Armed Services Committee, US Senate that these strikes “local forces will support the air campaign expanded direct action on the ground from time to time.”

Butifldrm: Hi chattels

Butifldrm: Obama weighs moving U.S. troops closer to front lines in Syria, Iraq

Butifldrm: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=2692

OOTW: LOL – FEELING A LITTLE EXCITED NOW THAT THE INVESTMENT LAW HAS BEEN PASSED – GREAT TO SEE THAT INVESTOR’S SHOULD GET PROTECTION AND

THIS WILL ALSO HELP CREATE AND PROTECT JOBS FOR THE PEOPLE AND WILL GET THE PRIVATE SECTOR ROLLING – JUST WHAT WE WANT

Butifldrm: I was just chatting myself about Iraq’s reserves going from 80B to 49B

Butifldrm: ‹@OOTW› Praise god it passed

OOTW: I SAW THAT BUTI…..FO SHO BUTI

Butifldrm: before they release the CBI loans to the banks

OOTW: WOULD LOVE TO HAVE BEEN A FLY ON THE WALL WHEN MOHSEN MET TO DISCUSS IMF PROTOCOLS/PROCEDURES

Butifldrm: chattels, between the South china sea situation, Iraq and Syria, the US is is some kind of delima

OOTW: THAT COMBINED WITH THE RESERVE FIGURES ARE INTERESTING

Butifldrm: ‹@OOTW› wow I did not see that woods

OOTW: YEP…WE WAIT TO SEE THE RESULTS OF THE US CONGRESSIONAL MEETING TODAY TO SEE IF OBAMA WILL BE SENDING MORE GROUND TROOPS, AS WAS STATED IS NEEDED

OOTW: I GUESS THE MILITARY ATTACHE’S THAT MET AT CONGRESS TODAY STATED THEY STILL HAVE NO PLAN TO CREATE A NO FLY ZONE

OOTW: MCCAIN DIDN’T SEEM TO HAPPY, BUT REALLY, HE NEVER DOES LOL

BOBBY: Anyone see the CNN article on the low oil prices and the Middle East and its effect?

Butifldrm: ‹@OOTW› I’m surprised

OOTW: SO WAS HE…OR RATHER, DISGUSTED

Butifldrm: sadly we are still arming Assad opposition

OOTW: YES

Butifldrm: truly if Isis is to be defeated Assad will have to satay

Butifldrm: stay

chattels: I am not at all certain that the recent amendments to the 2006 Investment Law will make a great difference in the volume of investment in Iraq.

Butifldrm: you can’t walk that fence without a bad outcome

Butifldrm: ‹@chattels› the thing Iraq has to depend on is investors with a vision

OOTW: CHATTELS BUTI AND I ARE GOING TO ANALYZE THE LAW THIS WEEK, AT LEAST AS MUCH AS WE’RE ABLE TO ACCESS AND I WILL ANNOUNCE VIA MEMBER EMAIL, WHAT TIME WE WILL HOLD A CHAT ON THIS

Butifldrm: the thing I love about the law is that it decentralizes the inestment

chattels: ‹@OOTW› I did some research and posted in the forum if you are interested ?

chattels: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=2683&pid=6060#pid6060

chattels: the amendments themselves are a difficult read for me

Butifldrm: I am not saying the money will flow to honest people, but the for sure the Central Government has mishandled the funds

OOTW: YES THANK YOU

Butifldrm: ‹@chattels› most importantly….. this law had to be passed before the CBI released funds to provide liquidity to the private sector

Butifldrm: Iraq is in a do or die position right now

Butifldrm: they have gone from 80B in reserves to 49B

OOTW: INTERESTING READ CHATTELS

OOTW: I THINK I WILL RESERVE MY COMMENTS FOR A FORMALLY ANNOUNCED CHAT

OOTW: AT PRESENT, I AGREE WITH SOME OF WHAT YOU HAVE POINTED OUT – DEFINITELY THERE ARE MAJOR PROBLEMS WITHIN IRAQI POLITICS

chattels: ‹@OOTW› My research and commentary was rather impromptu, so I look forward to you and Butifldrm to comment

OOTW: IT WOULD BE GREAT IF YOU MIGHT CONTRIBUTE DURING THE CHAT IF YOU LIKE

OOTW: NO PRESSURE

chattels: ‹@OOTW› Just let me know when 🙂

OOTW: WILL DO

chattels: I can’t seem to keep my mouth shut anyway 🙂

OOTW: I AGREE WITH YOU BUTI..DEFINITELY THEY ARE AT A TURNING POINT

Butifldrm: Seriously every country in the middle east except for Kuwait and Qatar are suffering from a sovereign debt crisis including Saudi

BOBBY: Chattels…… when.  lol

OOTW: BTW BUTI I’M NOT SURPRISED BY ANYTHING THAT DOES OR DOESN’T HAPPEN UNDER O’S WATCH

Butifldrm: from the decrease in the price of oil
chattels: ‹@Butifldrm› I can relate in my ” individual debt crisis ”

chattels: equitable insolvency …………………

Butifldrm: ‹@chattels› the us economy is better than the middle east, yet still not great

chattels: the inability to pay one’s debts as they come due and payable

Butifldrm: I realize that

Butifldrm: that’s why I keep my eye’s on the big picture

Butifldrm: i was talking to OOTW tonight and telling her of the tribulations of the Christians and Yezidi’s in Iraq and what we suffer so not compares

BOBBY: Butifldrm….. did you see the CNN article on the oil prices

Butifldrm: no Bobby   i would love to

BOBBY: can post the link

Butifldrm: what I am reading…..it is going to satay at this rate for at least 2 years

Butifldrm: I’d love that

BOBBY: money.cnn.com/2015/10/25/…

://money.cnn.com/2015/10/25/investing/oil-prices-saudi-arabia-cash-opec-middle-east/index.html?section=money_markets

chattels: many of us are ” overdue ” in relearning the ” costs ” of freedom

Butifldrm: ‹@chattels› yes that is so true

Butifldrm: ‹@chattels› have you heard of Irwin Schiff

BOBBY: The article states Saudi will be almost in the same place as Iraq in 5 years with the low oil prices

Butifldrm: ‹@BOBBY› oh yes I read that article it was from reiters

Butifldrm: rueters

BOBBY: interesting read of things

chattels: I wonder how the break even price on oil is calculated for each nation ?

chattels: the guru legend was that it cost Iraq ” pennies ” for every barrel of oil as I recall

chattels: $ 81 / barrel is not ” pennies ”

BOBBY: Butifldrm. ….wasnt he a tax protester?

chattels: ” Irwin Allen Schiff was an American tax protester. Schiff was known for writing and promoting literature in which he claimed the Income tax in the United States is applied incorrectly. ”

Butifldrm: ‹@chattels› I believe that is what we were told, but since the last cost of oil decrease, we know that Saudi Arabi said they could get a barrel of oil out of the ground was 17 dollars a barrel and they could sustain for 2 years

Butifldrm: ‹@BOBBY› yes   but a true patriot

Butifldrm: ‹@chattels› but now we are seeing article that the IMF predicts Saudi will be bankrupt withing 5 years at these oil prices

Butifldrm: ‹@chattels› Schiff and many discovered it’s illegal to pay tax

Butifldrm: I pay   Butifldrm: just like his son does

Butifldrm: but the truth is there is no federal law that mandated it

chattels: Good / interesting theory or argument, but I believe that our Supreme Court ruled on the constitutionality of the income tax law in 1914.

Butifldrm: the only government entity the can legislate taxation is the House of Representatives and that was not done

Butifldrm: chattels check this out    Butifldrm: www.youtube.com/watch
Irwin Schiff (Feb. 23 1928 – Oct. 16 2015) at the Libertarian Convention 1996

https://www.youtube.com/watch?v=3D_yq6PCdYk

BOBBY: any idea what the latest perdictions for oil per barrel is?

Butifldrm: That was even the argument for Obama care

] chattels: this is a fairly detailed discussion of various arguments all of which have been rejected by our Judiciary : en.wikipedia.org/wiki/Tax…

https://en.wikipedia.org/wiki/Tax_protester_constitutional_arguments

Butifldrm: ‹@BOBBY› I remember in 2012 when the price of oil shot up to $150 a barrel over Iran threatening to shut off oil supply through the straits of Hormuz and today we have much greater threats and oil is at $44 dollars a barrel

Butifldrm: www.youtube.com/watch

https://www.youtube.com/watch?v=3D_yq6PCdYk

Butifldrm: oops    Butifldrm: www.nytimes.com/2012/01/0…

http://www.nytimes.com/2012/01/05/business/oil-price-would-skyrocket-if-iran-closed-the-strait.html?_r=0

chattels: ‹@BOBBY› i have read some projection as low as $ 35 /barrel

Butifldrm: ‹@chattels› God help us all if that happens

BOBBY: exactly….

Butifldrm: even though the Middle East economies are primarily dependent on oil, so is a huge part of the

Butifldrm: US economy

chattels: ‹@Butifldrm› thanks for the youtube – saved it for later

Butifldrm: ‹@chattels› please do

Butifldrm: this man died in prison as apolitical prisoner of the US

Butifldrm: for telling the truth

chattels: ‹@Butifldrm› a sympathetic and compelling figure, but I intend to render under Caesar that which is Caesar’s

chattels: if I / we ever have money then perhaps we can frame a case for appeal on the constitutionality of it all

Butifldrm: Chattels. My argument is only about the law that does not exist

chattels: of course we will need an ” appellant ” 🙂

Butifldrm: Yes

BOBBY: dont you miss the days of contract rates… lol

chattels: I am no constitutional lawyer

OOTW: LOL

Butifldrm: Contract law?‹@BOBBY›

chattels: ‹@BOBBY› 🙂

chattels: ‹@BOBBY› you can still go to some dinar sites to talk about ” contract rates ” at exchange, eh ?

Butifldrm: What the heck. Iraq hasn’t passed the income tax law. Lol

BOBBY: Lol……. i am tempted to go and start a bank story lol

Butifldrm: How you you pay tax when u have no money

chattels: ‹@Butifldrm› among many others, eh ?

Butifldrm: There is truly a liquidity and sovereign debt crisis in Iraq

chattels: ‹@Butifldrm› Abadi certainly thinks / says just that

Butifldrm: ‹@chattels› yes and to make it real…noone bought their junk bonds

chattels: 51 % of the American people earn less than $ 30,000 per annum according to one source

chattels: ‹@Butifldrm› and few are willing to lend them money either

Butifldrm: but truly in Iraq’s defense, ehr=en you have Saudi Arabia seilling bonds to defend their peg to the dollar why would you buy bonds from Iraq?

Butifldrm: this is a really messed up situation

BOBBY: that is an understatement. …..

Butifldrm: ‹@chattels› yes of course but according to the federal reserve our economy is doing great

chattels: ‹@Butifldrm› indeed Iraq could offer a 50 % return, but 50 % of nothing is still nothing by my math

Butifldrm: yes and that is why there are many in Iraq who do not want to sell their future

Butifldrm: and they are offering a ten % return

Butifldrm: sadly, with interest rates in our country at .25 percent and the Fed cannot raise another quarter

Butifldrm: because it would take all of the emerging economies in the world pegged to the dollar into a tail spin

chattels: Baghdad / the Arabs would default in a heartbeat – they have such a sense of entitlement

Butifldrm: yes   Butifldrm: As I see it

Butifldrm: most of the World including the US which has the highest debt to GDP under Japan are as good a any banana republic

OOTW: BUTI YOU’RE SO KNOWLEDGEABLE I LEARN SOMETHING NEW EVERY TIME WE TALK/CHAT

Butifldrm: ‹@OOTW› ahhhhh

chattels: we are living in a economic house of cards

Butifldrm: ‹@chattels› think about this

BOBBY: OOTW…… agreed……..

Butifldrm: Islamic law

Butifldrm: under such banks are not allowed to charge interst

Butifldrm: Iraq will never be able to amend the Banking Law

Butifldrm: as of now no private banks are allowed to charge interest

Butifldrm: so how the heck do they make money other than selling the dollar or ………MONEY LAUNDERING

OOTW: BUTI I HAVE TO WONDER – SINCE THEY’VE PASSED THE ISLAMIC BANKING ACT NOW, THAT THEY MAY BE USING ASPECTS OF THAT LAW TO BRIDGE SHORTCOMINGS IN THE BANKING LAW

Butifldrm: WELL WE NEED TO SEE THAT

Butifldrm: CHECK THIS OUT

Butifldrm: Private banks invokes the central bank to stop the lawsuits against it are threatened with bankruptcy   Butifldrm: wealthwatch.world/showthr…

http://wealthwatch.world/showthread.php?tid=2673

Butifldrm: THE BANKING LAW HAS TO BE PASSED

chattels: My sense was that the CBI / banks were making some business loans here recently

chattels: somewhere I read it

Butifldrm: ‹@chattels› THE CBI has used the protection of the state owned banks for years now

Butifldrm: the cbi is positioned to put 5 Billion into the private sector

Butifldrm: but the money has not been released

chattels: pardon the diversion, but there is one ” heckuva ” baseball game in progress

BOBBY: is it even considered safe to release it under the present climate?

Butifldrm: what’s crazy is that when Maliki wanted money out of the CBI for military reasons they said heck no…now we see the IMF giving the CBI permission to release loans to the private sector

chattels: my sense was / is that the loan program was motivated in part to mollify the populace

Butifldrm: of course

Butifldrm: and Abadi being in power

Stash: Yup good game

Butifldrm: My biggest concern is that the powers that be in Iraq are clueless economically

OOTW: ‹@Butifldrm› TRULY NOT SURPRISING – OUR GOVT AND WORLD INSTITUTIONS KNEW WHAT MALIKI WAS ABOUT

OOTW: AND NOW HE’S GONE..THEY’RE WANTING TO RE ENGAGE WITH IRAN

Butifldrm: the IMF for YEARS HAVE BEEN TELLING IRAQ TO DIVERSIFY THEIR ECONOMY

Butifldrm: To liberalize their currency  Butifldrm: to move into article VIII

Butifldrm: and IMO because of Maliki that was not done he was too busy stealing the dollars

BOBBY: and then some!

BOBBY: amazing the damage he has done

Butifldrm: ‹@OOTW› Truly we know know that the US knew about ISIS before they pulled out in 2011

Butifldrm: ‹@BOBBY› don’t give up hope

OOTW: ABSOLUTELY

chattels: there have been ” reformers ” in Iraq since Moby Dick was a minnow

Butifldrm: ‹@chattels› Oh yea lmao

chattels: read the history from 2003 on most any topic and the issue(s) remain the same

Butifldrm: ‹@chattels› Abadi is strong

Butifldrm: I have

BOBBY: progress is being made …..no doubt

Butifldrm: Allawi, maliki

Butifldrm: all of them insufficient

BOBBY: it has to be looked at realistically. …… not with guru logic

Butifldrm: Corruption and oil prices have caught them in the Arse

chattels: Abadi is walking a tightrope between his own political parties and others

Butifldrm: ‹@BOBBY› I hope you are not listening to the Gurus

Butifldrm: lol

BOBBY: lol…….. i do for a laugh  lol

Butifldrm: ‹@chattels› abadi with the SLC in control is lucky to be alive

Butifldrm: www.almadapress.com/ar/ne… LINK

BOBBY: it is amazing he is still alive……. very impressive

chattels: Abadi cannot reform anything by himself, he is dependent upon the Parliament / political factions / bosses

OOTW: YES HE IS CHATTELS

Butifldrm: ‹@chattels you are sooooo right

OOTW: TODAY ANNOUNCEMENT THAT DAWA WANTS TO SUPPORT THE REFORMS

OOTW: WE’LL SEE

Butifldrm: but he has to put the reforms in place first

chattels: until there are statesmen in Iraq vs. politicians feathering their own nests, well

OOTW: I TRULY BELIEVE HIS INTENTIONS ARE GOOD AND HIS CURRENT POSITION IN DAWA STIFLES HIM

chattels: ‹@OOTW› I tend to agree

Butifldrm: I believe once the SLC is found corrupt we will see change

Butifldrm: not till Maliki hangs

chattels: but under the beat of circumstances there are significant constitutional issues and the Judiciary thus far has been a pawn of the politicians

chattels: beat = best

Butifldrm: but we have to understand that Ameri has gangs of Shia malitia backing Maliki

OOTW: YES AS YOU’D POINTED OUT TO ME 10 MP’S TO BE TRIED ON CORRUPTION

OOTW: I REALLY WANT TO SEE WHO THEY ARE

OOTW: CANNOT WAIT ACTUALLY

Butifldrm: yes me too

chattels: Maliki panders to the Shia militia publically and privately, well who knows what corruption there is

Butifldrm: wealthwatch.world/showthr…

http://wealthwatch.world/showthread.php?tid=2668

BOBBY: will be interesting to see that in progress

chattels: apparently the Sunni are not being armed

chattels: ‹@OOTW› I posted a list of those ministers

Butifldrm: ‹@chattels› what???? I missed it

Butifldrm: www.youtube.com/watch   You Keep Me Hangin’ On – The Supremes (1966)

https://www.youtube.com/watch?v=WvznbRgwuHI

chattels: Kurdish Minister Shex Muhammad Shex Abdulkareem Kasnazani, who served as the minister of trade in past Cabinets, was among those convicted.

Butifldrm: chattels are these presently seated ministers?

Butifldrm: Guys Forgive it’s past my bedtime

Butifldrm: I love ya’ll night night  Butifldrm: we need to do this again

OOTW: GOODNIGHT DOLL   OOTW: THANKS

OOTW: ‹@chattels› LINK? IN BETWEEN INNINGS? LOL

OOTW: SLEEP WELL HON

chattels: ‹@OOTW› looking now

chattels: ‹@Butifldrm› all former ministers
OOTW: THE CBI SITE HAS BEEN UPDATED

chattels: ‹@OOTW› can’t locate it now

OOTW: THEIR LAW SECTION IS NO AMENDED IN PART, HOWEVER, THEIR SITE HAS NOT BEEN CORRECTED TO STATE THE ISLAMIC BANKING ACT HAS BEEN PASSED

OOTW: IT’S OK HON, MAYBE YOU CAN SEND IT TO ME LATER – ANOTHER DAY? I TRIED TO RUN A SEARCH TO NO AVAIL

OOTW: Laws and regulations (in progress) Establish a project to ensure the company bank deposits. Controls the issuance of letters of guarantee. Help the establishment of branches of Arab and foreign banks and their capital. Help loan guarantee companies. Islamic banking instructions (in the final stages of completion). Islamic law instruments.

OOTW: www.cbi.iq/index.php
http://www.cbi.iq/index.php?pid=LawsRegulations

OOTW: WAS THAT TODAY?

chattels: ‹@OOTW› yesterday – may be in the chat log

OOTW: OK   OOTW: GOT IT

OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=2682

OOTW: WAIT MAYBE NOT   OOTW: NO NAMES ON THIS ONE

OOTW: wealthwatch.world/search….

http://wealthwatch.world/search.php?action=results&sid=30b7873cc6884c4ce02e23d4cdb7d27e

OOTW: THAT SHOULD BE THE LIST OF YOUR POSTS

chattels: apparently i did not post in the forum

chattels: only one name mentioned in the Rudaw

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