OOTW: Presidency of the Republic to ratify the investment law wealthwatch.world/showthr…
OOTW: THIS IS MAKING THE ROUNDS IN DINAR LAND…..FOR NOW, THIS IS ALL I WILL SAY…..
OOTW: WHEN I SEE THIS PUBLISHED AT THE MINISTRY OF JUSTICE SITE (WHICH, CURRENTLY, IT IS NOT) OR AS A PRESS RELEASE, ISSUED AT PRESIDENT MASSUM’S WEBSITE (WHICH, CURRENTLY, IT IS NOT) –
THEN, (AND ONLY THEN) WE MAY ASSUME IT IS AN ENFORCEABLE LAW. NOTE – THE MOST RECENT RELEASE OF THE GAZETTE AT THE MINISTRY OF JUSTICE SITE IS NOT TRANSLATABLE – IT’S ENCRYPTED moj.gov.iq/uploaded/4389….
I WILL BE KEEPING MY EYE ON THIS. TY. http://moj.gov.iq/uploaded/4389.pdf
OOTW: MY APOLOGIES EVERYONE I’VE BEEN DOWN WITH THE FLU
OOTW: I’LL BE BACK INTO CHAT MORE REGULARLY ANOTHER DAY…I THINK I’VE CLEARED THE “OVER THE HUMP” HURDLE OF THIS BUG OOTW: TYVM
OOTW: HERE’S THIS OOTW: wealthwatch.world/showthr…
OOTW: QUOTE: “The Rouhani administration, however, managed to restore stability to the market and bring forex rates down. In two years, the 11th government cut down inflation from 40 percent to 13 percent. This success was an outcome of a greater concordance among the government’s monetary, financial and forex policies.
Unlike the past, the CBI did not insist on keeping the rial’s parity rate stable against that of the dollar, which helped narrow the gap between the free-market, official and exchange rates.
Moreover, the remarkable difference between the domestic and foreign inflation and the use of market mechanism further helped reduce the gap between the rial and other currencies, which is necessary for striking a balance in the forex market. Given that oil prices have dropped drastically and the global markets have fallen into an unprecedented recession, raising non-oil exports will be necessary.
Following the removal of the sanctions, the CBI will be able to exercise a more efficient management over the forex market and further narrow the gap between the rial and other currencies.”
THIS IS NOT GREATLY DIFFERENT TO WHAT IRAQ IS ATTEMPTING TO ACCOMPLISH RIGHT NOW…..EXPAND OTHER WAYS TO GENERATE INCOME FOR THE COUNTRY BESIDES OIL.
SOMETHING MAY IF NOT ALL MIDDLE EAST COUNTRIES WILL NOW NEED TO DO – LET’S KEEP WATCHING OPEC AND ANY REGULATIONS RE OIL PRODUCTION AND PPB WE CAN.
ALSO, I WANT TO NOTE THAT FROM ALL MEDIA ANALYSIS I’VE BEEN WATCHING RE IRAQ…
MOST COMMENTATOR’S ARE OPENLY REFERRING TO IRAQ IS AN “IRANIAN SATELLITE GOVERNMENT” I CAN’T GET AWAY FROM THE GUT FEELING THAT WHATEVER’S GOING TO HAPPEN IN IRAQ IS INEXTRICABLY CONNECTED TO IRAN. TIME WILL TELL .
Abraham: Wow! Very smart. Take the loan prior to revaluation that will provide positive foreign exchange gain to use against the deficit in 2017
OOTW: AGREED ABRAHAM
Abraham: Want to share a little story
Abraham: When I started my packaging company in those days interest was high at17%. Because Finland wanted to export paper to the Caribbean I struct a deal with the Government through their development Bank to refinance my loan at 2 1/2%. Their are many opportunities that will be available to Iraq to develop their Manfacturing Sector.
OOTW: WELL IT SEEMS THEY WANT TO TAKE THE BULK OF THE RECENT WB LOAN TO DEVELOP THE PRIVATE SECTOR OOTW: AHEAD OF THE THEIR WTO MEETING SPRING OF 2016
Abraham: By doing so when I paid off for my Printing Equipment I made a huge foreign exchange gain. I was just 21 years old then. But the Lord was with me and I learnt so much
OOTW: AWWW THAT’S GREAT ABRAHAM TYVM FOR SHARING
OOTW: The IMF noted that “prospects for 2016/17 are brighter, owing to the prospective lifting of economic sanctions. Higher oil production, lower costs for trade and financial transactions, and restored access to foreign assets, are expected to lift real GDP to about 4–5.5 percent next year.”
The International Monetary Fund also advised the country to keep inflation under 10 percent by undertaking relevant monetary and fiscal policy. It also praised announcements by the Iranian government that it would unify the foreign exchange market and remove foreign exchange restrictions and multiple currency practices. Iran’s Minister of Petroleum Bijan Namdar Zangeneh said earlier this month that oil sanctions will be lifted soon.
OOTW: IMF Executive Board Concludes 2015 Article IV Consultation with Iran
OOTW: I WILL POST THIS IN THE IRAN SECTION BRB
Abraham: The key is finding products to produce that give you an advantage in International Markets and one that have the right value added labor content
OOTW: TRUE AND THAT IS A TRUE SKILL, TO BE ABLE TO DISCERN THAT, ABRAHAM OOTW: SKILL/GIFT
Abraham: Very true
OOTW: HERE’S A QUOTE FROM IRAN’S IMF ARTICLE IV CONSULT “Directors welcomed the authorities’ commitment to unify the foreign exchange market by end-September 2016, and encouraged the prompt removal of the foreign exchange restriction and multiple currency practices. While welcoming recent progress, Directors advised further improving the timeliness and quality of official statistics.”
OOTW: HMMM JUST NOTICED THIS
Abraham: As you observe these articles you can discern that Malaki was a true Iran puppet at Iraq’s expense
OOTW: ABSOLUTELY ABRAHAM
chattels: Reidar Visser @reidarvisser 12h12 hours ago While some areas cleared by #Iraq sec forces today (Dhubat in S) are fairly close to #Ramadi city centre, others (Albu Diab) 2 kilometres N.
chattels: Reidar Visser @reidarvisser 11h11 hours ago Local govt official in #Ramadi claims some US special forces take part on frontline of ops to retake city from ISIS www.alliraqnews.com/modul… …
chattels: Reidar Visser @reidarvisser 9h9 hours ago By end of 1st day of #Iraq govt op to retake #Ramadi from ISIS, reports focus on gains on south flank of city centre LINK
chattels: Reidar Visser @reidarvisser 7h7 hours ago Bit surprised that #Iraq PM Abadi still hasn’t said anything re launch of #Ramadi op on social media or his official website.
OOTW: WOW TY CHATTELS
chattels: Reidar Visser does not usually comment upon military matters
chattels: Visser seems surprised at the lack of ” official ” declaration
chattels: Interestingly, both Abadi and Obeidi ( Defense Minister ) are in China and out of the country
chattels: conclusion ?
OOTW: YES I AGREE ABOUT MR VISSER – RE ABADI AND OBEIDI BEING OUT OF THE COUNTRY, DOES SEEM A BIT ODD AT LEAST THAT OBEIDI IS NOT IN IRAQ…..
AND NOW ONE OF THE AGREEMENTS WITH CHINA ENTAILS BOLSTERING MILITARY TIES, SO AT LEAST THIS EXPLAINS WHY
chattels: the involvement of American special forces is a bit surprising to me or at least any publicity as to same
chattels: likely that Abadi expects the campaign to retake Ramadi may go on for some time as in Tikrit
OOTW: CNN INTERVIEW/PANEL DISCUSSION I WATCHED TODAY ON THE SUBJECT STATING THE PROGRESS TO BE SLOW BUT STEADY
chattels: Ramadi is said to be surrounded so the 3-400 suicide DAESH may fight it out. One report some time ago stated that the DAESH forces in Ramadi were foreigners.
OOTW: I BELIEVE THE CNN REPORT STATED LESS THAN 150
OOTW: I WILL POST SOME OF THE TRANSCRIPT HERE
OOTW: Happening right now, ISIS under siege and using civilians as human shields as counterterrorist forces launch a major offensive to retake the key city of Ramadi. Also, she was once lauded for turning her troubled life around.
New details about – emerging now about the history of a suspect charged with murder who police say intentionally drove her car into a crowd along the Las Vegas Strip. And, she died in jail three days after she was pulled over for failing to use a turn signal.
The family of Sandra Bland speaking out as a Texas jury decides not to indict anyone in the case. Stay with us. (COMMERCIAL BREAK) [14:15:55]
LEMON: Happening right now, a massive military push against ISIS in Iraq. Government forces there carrying out an operation to take the city center of Ramadi back from ISIS terrorists. Bombers from the U.S.-led coalition backing the operation with air power.
Let’s discuss, Barbara Starr, CNN’s Pentagon correspondent. Also with me, CNN contributor Michael Weiss. He is the co-author of “ISIS: Inside the Army of Terror.”
Barbara, you first. What are you hearing about the Iraqi army’s push right now and the role the U.S. is playing?
BARBARA STARR, CNN PENTAGON CORRESPONDENT: Don, at this hour, some very tough fighting ahead for Iraqi forces on the ground in Ramadi. They began this very surprising maneuver earlier today when they unfolded essentially a pontoon, a floating bridge, across a portion of the Euphrates River and began to make their daylight move into the center of Ramadi.
They’d been fighting in the outer neighborhoods for some weeks, but now Iraqi forces moving right into the center of Ramadi, right into the heart of where they think there might be up to 500 ISIS fighters well dug in using human shields, civilians as human shields, IEDs, bombs, booby traps, all of it. It is going to be, by all accounts, very tough fighting for the Iraqis.
chattels: DAESH has had months to booby trap the town and there is the concern of their using the population as human shields also
OOTW: There’s a couple of issues at hand. If they get the city center back, can they hold on to it. ISIS will be very tough to dig out of there on a permanent basis and you will recall seven months ago Iraqi forces basically ran from the fight when ISIS first moved into Ramadi in a very strong fashion with hundreds of fighters.
There’s been a lot of U.S. effort over the last seven months to get them trained up, to get them ready to make this move. But will they get Ramadi back? Will they be able to hold on to it?
LEMON: That’s a good question and I’ll ask that to Michael Weiss.
Do you believe that the Iraqi army, the same army that lost Ramadi, can not just win it back, but as Barbara Starr said, can hold it at this time?
MICHAEL WEISS, CNN CONTRIBUTOR: I mean that’s the real difficulty, Don. You know, the – on the plus side, the most elite Iraqi military division is called the golden division.
It’s their special forces. These guys have been through it all, including, by the way, being kidnapped by Shia militias. They’re not just fighting ISIS, in some cases, they’re fighting other pro-Iraqi government forces. Their moral does not seem to have flagged. I mean they’re very gung ho about pushing in.
OOTW: Now the reality difficulty too is, what is going to be left to hold on to? This is where ISIS gets it – becomes its most brutal.
They have a certain kind of IED that they install into houses whereby anybody who steps on a trip wire or on a cord on the ground sets off a chain reaction, a series of explosions, that make the house collapse on top of them.
So they could very well be looking to destroy as much infrastructure as possible. We’ve already – you’ve talked about human shields. Reuters, about a week or two ago, had a piece where it described Ramadi as a kind of geographical coffin. They are not letting civilians flee.
They’re not letting any kind of humanitarian corridors out because they know, the more civilian casualties, the more fatalities, the more the population will see the pro-government forces marching in, not as liberators but as sort of agents of death, accidentally so.
So I – I’m – you know, we have to be very careful about sort of going rah-rah and declaring victory here. There’s a long fight ahead.
LEMON: I want to discuss a little bit more in depth about what you said because – about the using of human shields, using civilians as human shields. WEISS: Yes.
OOTW: LEMON: They’re known for laying traps and bombs as they are pushed out, as you have said. So it’s quite a dangerous place, Ramadi is right now, for the troops and for the civilians. WEISS: That’s right.
You know, one of the ways that ISIS tries to control a population is to say, look, it’s either you cut a deal with us or things become much worse. You’re going to be taken over by Shia militias.
Now in this case, and I think Baghdad was quite wise and this came as the result of intense U.S. pressure, they’ve kept the so- called Hustalshavi (ph), the popular mobilization units of Iranian- backed militias on the outskirts of Ramadi, knowing very well that if these guys had marched into the center of the city,
they would meet with resistance, not just by ISIS, but by some of the locals who do not want this very strategic, Sunni/Arab tribal city to be overtaken by what they see as pro-Iranian proxies or Shia militia forces.
So it’s mostly, as best we can tell, a more professionalized endeavor. [14:20:14] Now, I would also hazard, and maybe Barbara can back me up on – with her reporting on this, U.S. special forces are very likely to be playing an on the ground role in this operation.
Now, we don’t know about that. It’s not being publically disclosed. But I’ve been hearing rumors and comments coming out of Iraq about this for the last several weeks.
OOTW: LEMON: Yes. Yes, that’s going to have to be the last word. So we want to thank Barbara and Michael Weiss, thank you very much. Appreciate both of you, your perspectives on this. WEISS: Su re.
chattels: urban warfare requires a level of tactics strategy and training that was difficult even for the U.S. in Ramadi before
OOTW: YES THEY ALSO STATED THAT CASUALTY LOSS IS DOWN TO A FRACTION OF WHAT IT WAS IN THE EARLY YEARS OF THE IRAQ INVASION – ALL LOSS IS HORRIBLE
chattels: expect the infrastructure damage to be significant
OOTW: YES – THEY ALSO POINTED OUT THAT THE BEST STRATEGY WOULD BE TO CUT OFF ELECTRICITY TO THE REGION, BUT THE GOI HAS OPTED NOT TO DO THIS OOTW: webcache.googleuserconten…
chattels: ‹@OOTW› all such tactics impact the remaining civilian population as well
OOTW: OF COURSE, BUT AS STATED, THEY COULD HAVE HAD THE REGION CLEARED OF DAASH MUCH SOONER IF THAT WERE TO HAVE HAPPENED
chattels: just think about Mosul, a city of about 750,000 remaining
OOTW: WHETHER TRUE, IDK
OOTW: YES, I KNOW ..IMPLAUSIBLE REALLY
chattels: add the need to be ” careful ” and ” sensitive ” to the Sunni population to minimize complaints of Shia militia cruelty
OOTW: YES IN THE PANEL DISCUSSION THEY EMPHASIZED THE INTENDED AVOIDANCE OF SHIA MILITIA IN THE REGION
chattels: Fallujah should be next ( a little smaller than Ramadi )
OOTW: I HAVE TO THINK THAT ABADI’S ASSERTION THAT DAASH WOULD BE CLEARED OUT BE END OF YEAR WAS OBVIOUSLY REACHING
chattels: Park House Speaker Saleem al-Jubouri, on Tuesday, the great victories achieved by the Iraqi forces and the crowd clan in the city of Ramadi. Jubouri said in a statement his office received by all of Iraq [where] a copy of it, that “the signs of victory which we receive from Anbar calls of pride and promise Bandhar terrorism Daash in the near future,”
stressing “the need to invest this progress and edit all the dirt Anbari of abomination terrorism.” .. as al-Jubouri called for “all military and police sons and the sons of the tribes to be accurate in strikes and to spare civilians any harm possible as a result of military operations”
chattels: Jubouri is Sunni as you all probably know
Abraham: ‹@OOTW› I am positive that the IMF has discussed timelines with both Iraq and the US Government as it is important that ISIS is removed from Control of these two areas ASAP. IMF can use their authority to pressure members to meet timelines to improve the Global Financial Position of developing Countries.
chattels: ” the sons of the tribes ” is a reference to Sunni fighters
OOTW: YES IT SEEMS IN RESPECTIVE CONSULTS – THE IMF DOES SEEM TO ADDRESS SUCH/SIMILAR ISSUES
OOTW: VERY GOOD POINTS TYVM CHATTELS
Abraham: ‹@OOTW› always a pleasure
Abraham: It’s time for the developed Nations to understand that we cannot allow these Jihad factions to rob the development of developing Nations. This is a topic that needs to be addressed at the United Nations General Assembly. Developing Nations trade with Developed Nations and seek other services in many areas
Abraham: They must be a Global force put together to address problem areas. It will come to past because it’s an issue that we must face
chattels: Kurdistan : Italian official arrives in Erbil to inaugurate consulate rudaw.net/english/kurdist… http://rudaw.net/english/kurdistan/221220151
chattels: ‘End of Syria as we know it,’ outgoing UNHCR chief warns
chattels: UNITED NATIONS, New York – Syria and Iraq may cease to exist within their present borders unless a swift end to the Syrian war – now in its fifth year – is found, the outgoing head of the UN’s refugee agency warned.
“If the conflict does not end quickly, this might be the end of Syria as we know it – and the same is true for Iraq,” the UNHCR reported Antonio Guterres as saying at the United Nations in New York on Monday. chattels: wealthwatch.world/showthr…http://wealthwatch.world/showthread.php?tid=3414
chattels: Barzani declared the same one year ago.
OOTW: GOSH..SIGH OOTW: TY
chattels: The ” artificial ” borders created by Sykes – Pico Agreement over one hundred years ago will not survive according to ” scholars ”
Abraham: ‹@chattels› Biblical Prophesy Unfolding
chattels: Picot *
OOTW: THE UNFOLDING OF THE DINAR WOULD BE GREAT
chattels: ‹@OOTW› Not to worry. You know who says it will be done. 🙂
chattels: Iraq’s New Humanitarian Crisis, Interview UNHCR’s Rep To Iraq Bruno Geddo
chattels: The on going war with the Islamic State has created another humanitarian disaster in Iraq. There are over 3 million displaced with more leaving their homes as fighting shifts to different parts of the country. The Iraqi government has been hard pressed to meet the needs of these people, and the international community has failed to meet several calls for donations by the United Nations.
Even in areas that have been cleared of insurgents there are disputes over who should be allowed back. To help explain this situation is Bruno Geddo who is the United Nations High Commission for Refugees’ representative in Iraq.
chattels: ” Even in areas that have been cleared of insurgents there are disputes over who should be allowed back. ”
rocknrollbus: Good read here………….en.wikipedia.org/wiki/Red…
chattels: There are political and social wars within the war on DAESH.
chattels: Many political factions are striving to remake Iraq socioeconomically and demographically to suit their own agendas
chattels: Unfortunately, the situation is going to get worse before it gets better. Everyone is waiting for the day when a massive military offensive will be undertaken by the government to retake control of Mosul.
Large-scale civilian population movements can be expected in the wake of such an offensive and UNHCR and other UN agencies and partners have developed contingency plans and an emergency response capacity (UNHCR, for example, has 20,000 tents as contingency stocks as well as core relief items).
chattels: Areas of the country that have come back under government control need to be made safe; services need to be restored and public buildings rehabilitated. Unexploded ordnance is still a big issue. Families will only return when it is safe for them to do so; when their city’s infrastructure is restored, when their homes are habitable.
rocknrollbus: You would think that after all that DAESH has done to Iraq, those idiots would put aside their petty tribal differences and work together for the good of their country!!
chattels: ” This will take some time. ”
chattels: I have ” preached ” the stages of ” normalization ” post removal of DAESH for some time now. I have also talked about Barzani unilaterally implementing Article 140. The Kurds are resisting return of Arabs in pre-Saddam Kurdish areas in preparation for a census and referendum.
chattels: ‹@rocknrollbus› Iraq has no sense of ” country “, IMO. There is little common ground for a nationalistic movement that defines the current Iraq. The Kurds want heir own ” country “.
chattels: And the Sunni and Shia are settling old scores.
rocknrollbus: And yes, they’ve passed the budget, but does that mean the Kurds will really give Bagdad the oil? and, will Bagdad really give the Kurds their 17%?
rocknrollbus: Another good (long) read……………en.wikipedia.org/wiki/Mar…
rocknrollbus: IMO, Barzani has pretty much etched in stone, 140 is Kurdish Law.
chattels: ‹@rocknrollbus› We shall see, eh ?
chattels: One of the reasons that the Kurds are so entrenched against Judicial reform without ” minority protection ” ( unanimity on the court ) is that do not want to be on the wrong side of a Iraqi Supreme Court decision, IMO.
chattels: Joel Wing @JoelWing2 6h6 hours ago Sadr: Hashd elements taking advantage of war to try to take over south & central Iraq www.sotaliraq.com/newsite… …
chattels: Progress in Ramadi – ISW @TheStudyofWar 5h5 hours ago New ISW Ramadi Control maps. An overview and zoomed in to Central #Ramadi. bit.ly/1OJt7Ob
chattels: Joel Wing @JoelWing2 6h6 hours ago Article says US Special Forces backed by helicopters providing intel on Ramadi op www.sotaliraq.com/newsite… …
chattels: Joel Wing @JoelWing2 8h8 hours ago Ex Fin Min Issawi gets 1 yr sentence for hiring relatives & giving out degrees So much for terrorism charges www.sotaliraq.com/newsite… …
chattels: Joel Wing @JoelWing2 8h8 hours ago Iraqi forces thinks there’s around 300 IS fighters left in central Ramadi english.shafaaq.com/secur… …
chattels: Sorry the news that I am posting is so disjointed as to topic. I am just getting around to reading my usual sources.
rocknrollbus: When will they remove Mahmoud?
chattels: ‹@rocknrollbus› I do think that the Kurds will give the 550,000 barrel amount a chance. My concern is for the surplus production. The budget law, we think, requires that the Kurds account for all oil produced through SOMO.
rocknrollbus: I was under the impression anything “over” 500Kbrls was the Kurds………….
rocknrollbus: And, I think Abadi will do a much better job than Maliki did.
chattels: Araji is highly critical of US calls for Parliament to arm Iraqi destinations outside the framework of government
chattels: 12/21/2015 18:24 BAGHDAD / National Iraqi News Agency / nina / criticized the head of the Badr parliamentary bloc member of the Commission on Security and Defense Qassim al-Araji, calls the US Parliament to arm Iraqi destinations outside part of the government, accusing the United States as striving to divide Iraq by weakening the government. he said in a statement today. ”
We warn everyone who thinks that Iraq is up for grabs and the possible split it easily, “stressing” the need not to enter the weapons and one of the non-knowledge and consent of the Iraqi government.
“The al-Araji,” the importance of unifying and renounce factional and national interests and stand against foreign schemes to divide the country.
“The members of the US section of the Parliament have declared their intention to submit a proposal to the US government in the next year to year and arming the Peshmerga in Iraq directly without the consent of the Iraqi government on the pretext that the latest receive sophisticated weapons but Atattiyha for the year and the Peshmerga.
chattels: wealthwatch.world/showthr. http://wealthwatch.world/showthread.php?tid=3420
chattels: The foregoing is a part of the internal pressure and factionalism within the Shia National Alliance that Abadi must deal with.
chattels: ‹@rocknrollbus› The 2015 Budget Law was silent as to excess production, but news reports say that the budget expressly provides otherwise in 2016.
chattels: Alas, we have yet to see a English translation of the 2016 Budget Law.
bobrv: so until we see an english version its not for real
bobrv: its been translated by many, many professionals, and itts what it says it is
chattels: The provisions for oil / gas in last year’s budget and even still this year are hardly sufficient to resolve all the issues between the GOI and the KRG. It is not ” THE ” HCL.
chattels: ‹@bobrv› You should have no problem in producing a link for such a translation(s) then, eh ?
chattels: until we can read a translation for ourselves then we are dependent upon incomplete / unverified news, IMO
chattels: ” it is what it says it is ” ?
chattels: It is not ” permanent “.
chattels: There are several constitutional issues that must be dealt with before there is a permanent / plenary HCL, IMO.
WE WILL AWAIT THE OFFICIAL PUBLICATION OF THE 20016 BUDGET IN ENGLISH BEFORE STUDYING AND ISSUING STATEMENTS….BUT YES, CHATTELS IS CORRECT, IT IS A LAW LASTING ONE FISCAL YEAR (OOTW)
OOTW: ANYTHING PUBLISHED WITHIN THE 2016 IS “LAW” BUT ALSO ANY SUCH PROVISIONS CAN ALWAYS BE CHALLENGED IN COURT
OOTW: THE 2015 BUDGET LAW, FOR EXAMPLE, DETAILED THE PAYMENTS TO BE MADE TO THE KURDS…BUT AS WE KNOW, THOSE DID NOT HAPPEN AS COMPOSED WITHIN THE BUDGET.