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Donnie: NYSEVerified account ‏@NYSE Jan 19 New York, USA ACE and @Chubb are now one, creating a global insurance leader (NYSE: $CB)
Donnie: Nick Pritzakis ‏@NickPritz 2h2 hours ago $CB 2/19 $110 straddle implying a 6.2% move
Donnie: “creating a global insurance leader”. anything with the words Global and Leader catches my attention.

Donnie: ditto: i’ve talked about Iraq and Iran being tied together since last year
Donnie: Market turmoil threatens Fed’s rate-hike plans
Donnie: Turmoil in world financial markets and growing fears of a China-led global economic slowdown threaten to derail the Federal Reserve’s plans to soon start raising interest rates from near zero, dimming the chances of a September lift-off.
A near 9-percent dive in Chinese shares on Monday triggered sharp sell-offs in Asia and Europe, wild swings and losses on Wall Street, and knocked crude prices to new multi-year lows.
The rout, which follows weeks of jitters over the extent of China’s economic troubles and their effect on the rest of the world, convinced investors that the Fed would hold off with action until some semblance of calm returns.
“You would be insane to raise interest rates when markets are in such turmoil,” said Martin Barnes, chief economist at BCA Research in Montreal.  Donnie: www.reuters.com/article/u…
http://www.reuters.com/article/us-markets-global-fed-idUSKCN0QT2AE20150824
OOTW: yes Donnie the potential connection is interesting
OOTW: THIS JUST IN…TRANSLATION OF ALRAFIDAIN VIDEO “PREDICTION THAT THE VALUE OF THE DINAR WILL COLLAPSE THIS YEAR” wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3886
*SCZIN11: WHY?? Plan to create the highest building in the world in Iraq
*SCZIN11: a report published by “CNBC” Company “AMBS” architectural design revealed she described the future of Iraq, which includes preparation for the establishment of the tallest building in the world consisting of four interconnected towers 1152 meters high. =1.3125rem
According to architect engineers director of the company, “Marcos de Andre” that the priority in the design was distinctive was not just ambitious, it has taken into account the high technology and the launch of a building to serve as a vertical city and connecting Towers horizontally, and will be the most stable – the building, he said. =1.3125rem”De Andre” and reported that the building will be located in the Iraqi city of “Basra,” which contains the country’s main port and is site of the oil industry,
it said the project is still just under design turmoil plaguing Baghdad over the 13 years. =1.3125remHe described the “de Andre” “Basra” as a safe city, pointing out that the building will provide 100% of energy from renewable sources – often solar-powered. =1.3125rem
This comes with the continuation of military operations in Iraq against al “Daash” terrorist who is still in control of vast tracts of land.
*SCZIN11: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3887
ladyfox: WOW, so they will build tallest building in the world. great meaning behind that. old sunday school lesson.
Doug_W: share it Foxxy plz
lonegunman: Parliamentary: Central Bank of Iraq is watching the financial crisis without plans for the future Wednesday 27-01-2016 | 3:42:35 J p J p Twilight News / MP accused Zainab Arif visual Wednesday the Iraqi Central Bank that he has no future plans in light of the financial crisis experienced by the country.
Basri said in a statement responded to Twilight News, it’s necessary, “said the Iraqi Central Bank to prepare a plan for the coming years with respect to the face of the financial crisis plaguing the economy of Iraq.”
“The Central Bank’s mission is focused on the development of policies, programs and mechanisms to do with regard to monetary policy and means of supervision and control over the banking sector, until 2020 with confirmation main goal, which is to address inflation and growth in the contribution of the banking sector to the GDP.”
Visual and called for “the application of the mechanics of flexible and transparent to ensure the participation and the private banking Government, both sector by moving the Iraqi economy in lost current crisis and was one of the reform packages is the launch of loans for industrial and agricultural bank and housing but the central bank did not announce when it will launch the loans despite the allocation of $ (five trillion dinars) to her”.  lonegunman: translate.googleuserconte…
http://translate.google.com/translate?depth=2&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.ara.shafaaq.com/53001
OOTW: HI EVERYONE I WOULD ENCOURAGE YOU TO GO BACK TO THE VIDEO TRANSLATION I POSTED
OOTW: THERE SEEM TO BE SOME KEY ASPECTS IN THE TRANSLATION PEOPLE ARE MISSING
OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3886&pid=9694#pid9694
OOTW: I POSTED LATE LAST NIGHT FROM MY PHONE SO IT WASN’T EASY TO HIGHLIGHT
OOTW: HERE IS A PRESS RELEASE FROM ALSABAAH, APPROVED BY THE PARLIAMENT – WHICH STATES MUCH OF WHAT’S BEEN ACCOMPLISHED (OR NOT AS THE CASE MAY BE) BY PARLIAMENT IN THE LAST YEAR
OOTW: I WILL NOTE THAT I HAVE BROKEN THE ARTICLE INTO SECTIONS
OOTW: TO MAKE IT EASIER TO READ   OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3874&pid=9707#pid9707

Doug_W: “Correction” ERh?  Doug_W: EH^   Doug_W: 1 IQD = 1 USD is a “correction”
OOTW: lol we’ll see
OOTW: HERE’S THIS
OOTW: He wrote: January 27, 2016 [Image: %D9%85%D9%8A%D9%86%D8%A7%D8%A1-%D8%A7%D9…50×229.jpg]Announced for the economic and investment commission member of the parliamentary proof Mamouri, the start of the initial preparations for the port of Faw in Basra province’s “international” investment conference.
Said Mamouri, a copy of “his committee embarked months ago to address the relevant authorities in order to speed up the completion of this vital project by investing the way, after we found the inability to provide the necessary funding to him through the budget, which have been adversely affected, down Iraq’s imports, which depends on oil as a main source of funding allocations “.
OOTW: He added that “the prime minister as well as the Ministry of Transportation approved the transfer of the project by investing, where a committee was formed of all relevant actors include representatives from the economic and investment commission in Parliament and the Council of Ministers and the Ministry of Transport and representatives of the province of Basra and maritime transport,
which will begin its meetings soon for the purpose of preparing for the conference a major international investment will take place in Basra called him international companies specialized in this type of project. ”
OOTW: Almamori He pointed out that “the Commission will examine the possibility of allocating part of the project over the stock system, ie the shares are offered direct to subscribe to the Iraq Stock Exchange and here we will let citizens contribute to the project, one of the best types of investment which would accrue to the shareholders good profits.”
However, that “what is important is the completion of the project, which will be imports no less important for oil imports, not to mention that it will provide jobs for large numbers of young people and operate related sectors.”   OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3894&pid=9726#pid9726
OOTW: BREAK NEXT ARTICLE
OOTW: Member economy parliamentary rule out the arrival of Iraq’s financial disaster He wrote: January 27, 2016 [Image: %D8%A7%D9%84%D9%86%D8%A7%D8%A6%D8%A8%D8%…50×184.jpg]
Excluded member of the Committee of Economy and Investment parliamentary Najiba Najib, the arrival of Iraq to the size of “financial disaster” in the current year, as can be shown that the provision of employees’ salaries and social protection “effectively”.
Najib said, “There are expectations that oil prices up after the middle of this year to 50 or $ 60 as they were last year,” emphasizing that “the international community must come together with Iraq, especially on the issue of oil prices.”
OOTW: She said Najib, that “there are measures to address the financial crisis, including the sale of property the state-owned in most Iraqi cities and have great values,” pointing out that “those responsible for the Real Estate State file indicated that he could return property to the state funds estimated at $ 10 billion a month.” .
And he showed a member of the economic and investment commission in Parliament, that “Iraq needs a month to more than $ 7 billion in order to pay salaries and social protection network and the obligations of the war,” pointing out that “the state can provide the employees’ salaries, social protection and effectively covered during the current year, while the issue of appointments will not have no chance. ”
OOTW: Najib has ruled that “the country up to the scale of the disaster in the current year,” adding that “the country has the financial and economic capacities of mankind if used wisely and Rosetta will emerge from the crisis”. And the impact of lower oil prices on the public budget for Iraq dramatically, which led some state officials to refer not to the government’s ability to give the employees’ salaries during the current year.
OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3893
OOTW: THERE WAS A PRESS RELEASE FROM THE PARLIAMENT SITE TODAY ADDRESSING THE ACCOMPLISHMENTS (OR NOT) OF THE HOR
OOTW: THERE ARE SOME INTERESTING STATEMENTS IN THIS PRESS RELEASE WHICH WAS PUBLISHED, WITH GOVT APPROVAL, AT ALSABAAH
OOTW: HERE IS ONE STATEMENT
OOTW: and the law of the General Authority to monitor the allocation of federal revenue (THE PARLIAMENT SITE STATES THIS HAS HAD ONLY ONE READING…
THIS ARTICLE IMPLIES ITS PASSED..HMMM..IF SO AND THIS IS THE FEDERAL REVENUE LAW WE’VE BEEN WATCHING THEN WE SHOULD SEE HCL SOON – AS THE FEDERAL REVENUE SHARING LAW IS AN ADJUNCT LAW TO HCL» .
OOTW: NOW IT’S NOT CLEAR IF THIS IS THE FEDERAL REVENUE SHARING LAW
OOTW: OR A LAW PERTAINING TO DISTRIBUTION OF REVENUE FOR GOVT WORKS
OOTW: ACCDNG TO THE PARLIAMENT SITE THE FEDERAL REVENUE SHARING LAW HAS HAD ONE READING
OOTW: (REPEAT)
OOTW: AND HERE IS THIS STATEMENT
OOTW: He pointed out that« the Council approved a legal Moisntin for the years 2015 and 2016 in the same year 2015 and this is happening for the first time in the age of the legislative institution after 2003. » And that «a vote on the federal budget for 2015, the date of the law, on Thursday, 01.29.2015
OOTW: THIS SEEMS TO IMPLY THEY VOTED ON THE (AT LEAST FUND ALLOCATIONS) 2015 AND 2016 BUDGET AT THE SAME VOTE
OOTW: AGAIN THERE’S MUCH INFO IN THIS PRESS RELEASE AND I’VE BROKEN IT INTO POINTS FOR EASIER READING  OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3874&pid=9707#pid9707
OOTW: Urgent Obama signed a decree to lift the sanctions on Iran History of edits:: 2016/1/27 18:41 • 198 visits readable [Image: story_img_56a8e3b18f517.jpg] [Follow-up – where] the White House said today that President Barack Obama signed a decree to lift the sanctions for Aaran.itba
OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=1966&pid=9728#pid9728
OOTW: YESTERDAY WE SAW SALEH QUOTED IN SEVERAL ARTICLES STATING THAT THE IMF GRANTED IRAQ SOFT LOANS
OOTW: THERE’S AN ARTICLE OUT TODAY , QUOTING JOSH CHRISTIAN OF THE IMF, WHO IS SAYING THIS IS NOT THE CASE
OOTW: I ABSOLUTELY CANNOT FIND ANYTHING FORMAL FROM THE IMF ON THIS
OOTW: SO FAR IT’S ONLY AN ARTICLE ORIGINATING FROM ALMADA/LONG PRESS
OOTW: HERE IS A QUOTE FROM THIS ARTICLE   OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3883&pid=9724#pid9724
OOTW: The International Monetary Fund, the central institution in the international monetary system, any system of international payments and currency exchange rates, which allow for commercial transactions between different countries,
and aims to prevent crises in the international system by encouraging different countries to adopt sound economic policies, as members can take advantage of its resources, to address what they are exposed to balance of payments problems,
and include the legal objectives of the Fund to facilitate the expansion and balanced growth of international trade, and to achieve stability of exchange rates, and to avoid competitive devaluation of currency values, and a correction organizer imbalances balance of payments experienced by different countries.
OOTW: SO WHILE THIS ARTICLE STATES THAT THE IMF DENIES GRANTING ONGOING SOFT LOANS TO IRAQ,
​THE QUOTE OF THE PURPOSE OF THE IMF (WHICH INCLUDES THE IMPLICATION TO HELP NEEDY COUNTRIES) DETAILING WHAT THE IMF DOES
OOTW: JUST SOMETHING TO NOTE
OOTW: WHILE THIS ARTICLE STATES THAT IRAQ WILL DEPEND ON DOMESTIC BORROWING
OOTW: Punitive: Iraq will depend domestic borrowing during the current year He wrote: January 27, 2016 [Image: %D8%A7%D9%84%D9%86%D8%A7%D8%A6%D8%A8-%D8…00×300.jpg] Said the parliamentary finance committee member Husam punitive, that 2015 did not witness any external borrowing of Iraq,
but of the International Monetary Fund, noting that the borrowing from the IMF is the legitimate right of any country going through a financial crisis, revealing that Iraq will depend domestic borrowing this year to cope with the crisis Finance and budget deficit.
He said punitive in a press statement that “Iraq has not borrowed from abroad, but from the International Monetary Fund last year, which is proof of the government’s control over financial expenses and fulfill all the obligations of the state,”
pointing to the existence of international agreements with the International Monetary Fund to get the money a few interest rate Traffic at the very economic crisis.
He stressed that “Iraq will be adopted in the current year on internal loans from the government and commercial banks and issuing bonds to the public and remittances treasury and leave the resort to foreign loans.”
OOTW: SO, OBVIOUSLY, THERES A LOT OF CONFLICTING INFO
OOTW: OUR ECONOMY IS FINE..BLAH BLAH BLAH….WE’RE ON THE VERGE OF BANKRUPTCY..BLAH BLAH BLAH   OOTW: ONE ISSUE REMAINS, CORRUPTION THROUGH THE AUCTIONS
Doug_W: GL sorting it out
OOTW: SO HAKIM SUMS IT UP RIGHT HERE
OOTW: Hakim: Iraq is facing a shortage of liquidity and not bankrupt Wednesday 27-01-2016 | 6:24:18 Diwan al-Hakim in Baghdad EM Diwan al-Hakim in Baghdad EM Shafaq News /
The head of the Islamic Supreme Council Ammar al-Hakim on Wednesday that Iraq is not bankrupt, but it suffers from a lack of financial liquidity. Hakim said in a speech during the forum Wednesday Weekly that “the people of Iraq from the popular crowd,
volunteers and the people of the tribes and the Peshmerga with their brethren of the sons of the armed forces were the dam invincible in front of the flood of terrorism,
hatred and atonement in a moment the world stood shocked before expansion monster terrorist breaker crossed the border and swept the cities and villages safe “.
He stressed that “everyone is subject to evaluation in order to reach the best performance of a ministerial service to our people and our nation,” stressing the need to “be the assessment scientifically and professionally away from the mood and personalization and making improvised.”
He said al-Hakim “We still believe that the time compressor and there are a lot of important decisions unresolved lagging and procedures, and the frequency is still prevailing in the performance of the government.”
And on the financial situation in Iraq, al-Hakim said that “Iraq is not bankrupt, but it suffers from a lack of financial liquidity and needs to be effective and innovative financial management to devise appropriate means to overcome this crisis, and a growing awareness of our people to understand and support the right steps required in the reforms.”
In a separate context, follow-Hakim “We hope that the brothers, especially the ambassadors to be more accurate and careful, realistic and objective in assessing the facts on the ground, and we hope our brothers to be supportive factor to unite Iraqis and not to fall in misinformation or political.”
OOTW: REMEMBER YESTERDAY I REPORTED THAT THE GOI HAS DEVELOPED THREE COMMITTEE’S OVESEEING CORRUPTION AND THE WORK OF THE INTEGRITY COMMISSION RE CORRUPTION
OOTW: ONE OF THESE COMMITTEES WILL OVERSEE RETRIEVAL OF PROPERTY, INCL REAL ESTATE
OOTW: THE FIGURES ASSOCIATED WITH PROPERTY AND REAL ESTATE CORRUPTION ARE ENORMOUS AND ABOVE NAJIBA NAJIB SAYS THE RETREIVAL OF THESE MONIES WILL GREATLY ENHANCE / BOOST THE ECONOMY
OOTW: HERE IS THIS FROM THE HEAD OF THE MINISTRY OF INTERIOR
[01:19:31 PM] OOTW: AND IS A REFLECTION OF THE OFFICIAL PRESS RELEASE FROM THE MOI SITE YESTERDAY
OOTW: 2016/01/27 11:30 Ghabban of the President of the Integrity Commission: everyone on the fight against corruption BAGHDAD / Obelisk: Interior Minister Mohammed Ghabban, Wednesday, the need to unite all patriotic forces to fight corruption and achieve reform and construction project.
According to an Interior Ministry statement seen by “obelisk”, that “Ghabban received at his office in Baghdad Chairman of the Integrity Commission Hassan al-Yassiri, where the parties discussed the overall reform project in the country.”
He called Ghabban, during the meeting, according to the statement to “unite all national forces and activities of Iraqi society, all in order to achieve the project of reform and to build on the sound foundations is to fight the corrupt,” explaining that “every effort will not succeed if there are spoilers.”
For his part, praised Yasiri on the ministry’s efforts in its quest to build a strong institution be the first to fight corruption and the corrupt foundations to achieve the correct security operation to ensure the security and stability of the Iraqi citizen, according to the statement.
The government is seeking through the regulatory agencies to eliminate the financial and administrative corruption, who scored the highest percentage during the past few years.
luckyinkentucky: this is long overdue. i wonder if the committees will oversee construction projects as well
OOTW: WELL I DO KNOW THAT THEYRE GOING TO BE ANALYZING CONTRACTS
OOTW: AND CONSTRUCTION DEALS WOULD BE INCLUDED IN THIS
OOTW: I WOULD GUESS ANYWAY LOL    OOTW: THIS IS IRAQ

OOTW: Expert: Replace the minister and change the validity of the President of the Constitutional Government Writings Wednesday, January 27, 2016 BAGHDAD / National Iraqi News Agency / nina / said legal expert Tareq Harb, the dismissal of ministers or replace them with others of the validity of the Prime Minister constitutional.,
Said war in a statement today, “said Prime Minister up his mind to replace a number of ministers who have passed since the ordained year and a half Almost without creativity is tantamount to what aspires to the Prime Minister in providing better services to citizens and to achieve the highest reform steps required in the circumstances through which Iraq’s security, economic and political, “adding that” the sacking of the minister the authority vested in the Prime Minister under Article 78 of the Constitution.
“He explained that” that article delegated Cabinet Management validity and the validity of the dismissal of ministers, that in the absence of these ministers initiative to submit their resignations to the prime minister to survive the sword of dismissal granted by the Constitution to the Prime Minister.
“He said the war” can Parliament vote for once to approve the sacking of the minister and the appointment of a new minister a suit and be approved by parliament on the dismissal and appointment by a majority of the members present in accordance with the provisions of Article 76 and Article 78 of the Constitution nor the majority of the members of the House of Representatives requires no does not require the approval of 165 members,
considering that this number represents a majority of the number of members of parliament present adult counted 328 members, but are Parliamentary approval vote of 91 members, as the number of deputies present 180 deputies, for example, the adoption of a majority of those present.
“The prime minister Haider al-Abadi, confirmed on Monday during a meeting with a group of media analysts and politicians, its intention to conduct a reshuffle in the government
luckyinkentucky: that would be good
OOTW: *in the government formation. end
OOTW: INDEED LUCKY
OOTW: NOW BECAUSE THE STATEMENT CAME FROM MP AND ATTORNEY MALIKI (NOT NURI) – I WOULD ADVISE TO TAKE WORDS WITH CAUTION RE THE VIDEO TRANSLATION I POSTED
OOTW: HOWEVER, WHAT HE SAID IN THAT VIDEO IS THAT THE SWEEPING REFORMS ABADI WANTED TO ENACT HAVE BEEN THWARTED BY THE CORRUPT CURRENCY AUCTIONS
OOTW: THAT IS AN INTERESTING CONNECTION
OOTW: THIS IS AN INTERESTING ARTICLE AND WAS PROMOTED BY THE JUSTICENEWS
OOTW: I VERY MUCH RESPECT THEIR “FINDS”
OOTW: Urgent Abadi Office acknowledges the report of Transparency International: Corruption in Iraq is pervasive and accumulated years ago History of edits:: 2016/1/27 17:02 • 331 visits readable
Abadi’s office acknowledges the report of Transparency International: Corruption in Iraq is pervasive and accumulated years ago [Baghdad-where] Office of the Prime Minister Haider al-Abadi acknowledged as stated in the Transparency International report issued today by Iraq, which ranked among the ten most corrupt countries for 2015.
A spokesman for the Office Saad al-Hadithi told all of Iraq [where] that “Apart from the Transparency International report, there is the problem of corruption in Iraq, and this is undeniable evidence that the reforms announced by the Prime Minister last August campaign dedicated focus of the fight against corruption.”
He stressed that “corruption a big problem in Iraq has penetration in many of the state institutions, which accumulated for many years with the absence of serious oversight, as well as the absence of efforts to account for performance monitoring and controlling the money and its transition and then exchange mechanisms, and the result was the conclusion reached by Iraq, which is going through a financial hardship.”
He noted Sabri that “the current government, and since the announcement of the reforms are ongoing and follow-up of these files efforts and seeks to detect them and to stop the shutdown corruption outlets which was which performs the institutions of the state.”
OOTW: He explained that “there are many measures to fight against corruption in the forefront shorten and simplify mechanisms to promote citizens’ economic transactions and issues of transactions Investment in which the routine loops redundant and cause the outlet of corruption pays the price the citizen and the impact on the movement of the economy and stimulate investment in Iraq. ”
said Sabri” There is a serious follow-up by the Prime Minister’s Office to fight corruption have taken measures in this regard with the activation of the Integrity Commission to follow up on corruption cases and emphasize the role of the judiciary that possess in Altazamth to the Iraqi economic security and follow-up funds that take place in Iraq laundering operations have also been issued decisions of the Council of Ministers and the House of Representatives to strengthen these efforts.
“However, a spokesman for al-Abadi’s office said,” but the backlog of corruption over many years can not be addresses a short period, especially since some of the mafias of corruption that are trying to block this effort the government is trying to put a spoke in the wheel of reform and monitoring and prosecution of corruption. ”
The annual report of Transparency International on corruption in the world, issued on Wednesday, Iraq Class within the ten most corrupt countries in the world for the year 2015.
OOTW: POWERFUL WORDS
OOTW: The decline – according to the FAO report – Classification of Arab countries that suffer from internal armed conflicts such as Iraq, Syria, Yemen, Libya and Somalia, which last ranked in the world registered only eight points. It is said that the prime minister Haider al-Abadi said on the ninth of this month that ” 2016 will be a year to eradicate corruption.
“As al-Abadi said during a meeting on the sidelines of the Davos economic conference in Switzerland, which was held last week,” There are a lot of corrupt who are trying to disrupt our efforts reforms, but they have not succeeded so far, and I hope that they can succeed, we fighting three wars now: one with Daash, and one with the corrupt, and the third on the economic front, and make great efforts in the fight.
“The religious authority recently criticized, delayed the application of political, administrative and economic reform packages in the area of the fight against corruption, and others, announced by the government Since last August.
The representative of the reference in Karbala, Mr. Ahmed net, “in the past year and over the past several months, we called in Friday sermons three authorities and all responsible parties to take serious steps in the process of real reform and social justice and the fight against corruption and the prosecution of senior corrupt and corrupt but elapsed year
Something clearly has not been achieved on the ground, and this is deeply regrettable and not to increase this talk at the present time “.anthy 2
OOTW: SO HERE ABADI IS STATING THAT THE GOI IS TRYING TO ADDRESS CORRUPTION, THEY’VE ENACTED NEW MEASURES TO DO THIS, AND ALSO THEY MENTION ” and follow-up funds that take place in Iraq laundering operations have also been issued decisions of the Council of Ministers and the House of Representatives to strengthen these efforts”
OOTW: I’M GLAD TO SEE THIS AND THIS TIES MUCH OF WHAT WE’VE BEEN SEEING IN THE PRESS….CO-RELATED STATEMENTS THAT THE CORRUPTION IN THE AUCTIONS IS NOT BEING ADDRESSED BY THE CBI,
REFORMS CANNOT BE ENACTED DUE TO THE LEVEL OF CORRUPTION, WE’RE FORMING COMMITTEES TO EXPEDITE THIS WORK, IT WILL TAKE TIME DUE TO YEARS OF ENTRENCHED CORRUPTION
luckyinkentucky: question, I keep seeing conflicting articles on the vice presidents…do they still hold their positions?
OOTW: MANY CONNECTIONS BETWEEN THE MONEY LAUNDERING AND LACK OF REFORMS BEING IMPLEMENTED
OOTW: HERE IS WHAT I TAKE FROM THE JUDICIARY PRESS RELEASES ON THIS
OOTW: LUCKY
OOTW: ….
OOTW: WHEN NAJAFI’S POST WAS MADE INVALID BY THE JUDICIARY, BY PROXY, SO TOO WERE MALIKI AND ALLAWI’S POST
OOTW: THERE WERE ANNOUNCEMENTS FROM THE PARLIAMENT SITE AND THE CABINET THAT MP’S COULD NOT HOLD DUAL POSITIONS IN THE GOVT
OOTW: ALLAWI HAS NOT FORMED AND HEADS HIS NEW NATIONAL COALITION OF ANBAR
OOTW: AND THIS WEEK WE SAW NAJAFI AND HIS BRO, APPEALING THE DECISION OF THE JUDICIARY TO MAKE HIS POST NULL AS VP
OOTW: HOWEVER……..
OOTW: THE ETERNAL STENCH OF MALIKI IS RELAYED THROUGH HIS STILL, UP AND RUNNING, VP SITE
OOTW: AND I AM STILL NOT SURE HE’S BEEN REMOVED FROM THE PM PALACE
OOTW: HE’S AN ARROGANT SOB
OOTW: HE’S GOING TO KEEP ACTING AS IF HE HOLDS HIS POST, AND THEREBY IMMUNITY
luckyinkentucky: yes he is and he will not leave easily….thanks
OOTW: TO ME, THAT’S THE WHOLE DEAL, HE WANTS TO BE SEEN IN THE VP ROLE TO KEEP HIS IMMUNITY GOING
luckyinkentucky: agreed
OOTW: NO HE DOES NEED TO BE PROSECUTED AND IRAQ HAS JOINED THE ICC AS FAR AS I CAN TELL
OOTW: ABADI’S WALKING A VERY FINE LINE
OOTW: BETWEEN DAWA AND DOING WHAT’S RIGHT
OOTW: I PITY HIM   OOTW: BUT…
luckyinkentucky: he is in a tough position, no doubt
OOTW: THE PRESSURE IS ON TO REFORM THE CBI
OOTW: YES LUCKY
OOTW: MANY AND CONSISTENT PUBLIC ANNOUNCEMENTS THAT THE AUCTIONS ARE CORRUPT
luckyinkentucky: that is badly needed
OOTW: AND DR HAFEZ (AND IN PAST, SALEH – NOW LEGALLY THE UN REP FOR IRAQ) HAS CALLED MOHSEN OUT IN PUBLIC
​OOTW: I DO THINK WE’RE GOING TO SEE SOMETHING HAPPEN WITH THE CBI THAT WILL FORCE THE AUCTIONS TO CHANGE OR STOP
OOTW: BUT REMEMBER THE IMF REPORT SAID THAT IRAQ IS STILL MAINTAINING THEIR PEG TO THE USD
luckyinkentucky: with the auctions being a great source of revenue for the cbi, I see this being a struggle
OOTW: BUT THIS TOO IS A FLUID SITUATION AS THE COUNTRY MOVES TO ADDRESS THE CORRUPTION IN THE AUCTIONS
OOTW: YES AND BUTI AND I ANALYZED A GREAT DEAL OF CBI LAW LAST WEEKEND
OOTW: AND THE CBI CAN DO WHATEVER THEY WANT WITH THE AUCTIONS, AS THE LAW NOW STANDS…THEY VALIDATE THE ALLOWANCE OF THE STREET MARKET PRICES OR THEIR SPREAD PRICE IS NEEDED IN ORDER FOR THEM TO BUY/PURCHASE FOREIGN CURRENCY/USD
OOTW: THE VIDEO PRESS RELEASE I POSTED LAST NIGHT STATES THAT IRAQ WANTS TO MOVE AWAY FROM THE FOREIGN CURRENCY AUCTIONS
OOTW: BUT THIS HAS BEEN PREVENTED BY THE ENTRENCHED CORRUPTION
OOTW: IT’S FUNNY TO ME THAT THIS WAS SAID BY AN MP WHO IS ALSO ON THE LIST PUT OUT MONTHS AGO OF SHIA’S IN THE GOVT PERFORMING CORRUPTION WHO ARE TO BE PROSECUTED
OOTW: THEY DO TURNABOUTS REAL FAST LIKE
OOTW: IN THE PRESS
luckyinkentucky: does parliament have the power to overide cbi policy?
OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3886&pid=9694#pid9694
OOTW: SALEH PUT OUT A PRESS RELEASE IN THE PAST MONTH
OOTW: TWO TICS I’LL PULL IT IN
OOTW: BTW GREAT QUESTIONS AND I AM LOVING THE INTERACTION
OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3843&pid=9482#pid9482
OOTW: LET ME QUOTE SALEH
OOTW: BEAR WITH ME BECAUSE I HAVE TO POST A LOT OF THE ARTICLE TO VALIDATE THIS
OOTW: He said the appearance of Mohammed Saleh in an interview with the (long-Presse), said that “Article 26 in the central bank law stipulates prevent the central bank from lending to the government a harsh material terms of developing in response to the former regime’s policies,
but in light of what, in Iraq today and the need possible financial liquidity adjusted to allow the lending of money is part of the government treasury. ”
luckyinkentucky: thanks a lot for the education
OOTW: Saleh added that “there are a lot of countries worked on this thing and there are about 50 similar material to the material (26) in the central bank law to the state to help in the financial tragic situations,” adding that “lending is not at any time, but when the state is in dire need to financial liquidity. ”
Economic adviser said that “lending must be not from the current year’s budget, but from a previous year’s budget and possible borrowing is 10% of the fiscal deficit in the general budget of the country, or 15%, according to the agreement with the government or be a lending rate of 10% of the total Government spending over a year and must be paid during the year can also be foreign currency lending if the Iraqi government external obligations. ”
OOTW: Saleh stressed that “this step does not prevent the independence of the central bank because it will be in a limited way and the content of the law and this is possible to make the central bank relative independence of the law,” pointing out that “the Central Bank reserves come from the government, it is not unreasonable when you need government and the central bank abandoned, especially and that Iraq is going through difficult circumstances. ”
It is said that a number of legal and House of Representatives demanded that the Iraqi Central Bank Amendment Act in order to assist the Iraqi state in its current financial crisis Adin, he can amend the law because of the paragraphs not classified in the Iraqi constitution.
OOTW: PRIMARY ASPECT HERE
OOTW: “It is said that a number of legal and House of Representatives demanded that the Iraqi Central Bank Amendment Act in order to assist the Iraqi state in its current financial crisis Adin, he can amend the law because of the paragraphs not classified in the Iraqi constitution.”
OOTW: NOW REMEMBER THAT THERE ARE TWO BANKING LAWS
OOTW: ONE ISSUED BY THE GOVT
OOTW: AND ONE BY THE CBI
OOTW: ABOVE, YOU CAN SEE THAT SALEH IS TALKING ABOUT BORROWING FROM THE CBI TO BRIDGE DEFICITS
OOTW: THE KEY ASPECT HERE IS THAT AS THE LAW NOW STANDS, THE GOI CANNOT INTERFERE
OOTW: BUT SALEH IS SAYING THAT THE CONSTITUTION DOES NOT PROTECT CBI LAW, LAW , LAW
OOTW: SORRY HAVE TO RESTATE THAT DUE TO THE LACKING IN THE TEXT APPLICATIONS HERE IN CHAT
OOTW: IT IS MY OPINION THAT THERE IS A CHANCE, BECAUSE OF ALL THE PRESS RELEASES WHICH HAVE COME OUT ADDRESSING THIS,
OOTW: THAT SALEH WILL DO WHAT NEEDS TO BE DONE TO ADDRESS THE CORRUPTION IN THE AUCTIONS
OOTW: IF HE HAS TO AMEND THE BANKING LAW WHICH THE GOVT HAS AUTHORED TO OVERRIDE THIS SITUATION, I BELIEVE HE’LL DO IT
OOTW: AS I BROUGHT INTO CHAT TWO DAYS AGO
OOTW: THE GAZETTE HAS PUBLISHED A LAW MAKING SALEH THE OFFICIAL REP TO THE UN FOR IRAQ
luckyinkentucky: That would be great to see because it is hard to imagine reform while corruption is so rampant
OOTW: I WANT TO BELIEVE THAT ABADI, SALEH AND THE ECONOMIC COMMITTEE WANT WHAT’S BEST FOR THE PEOPLE, BUT ALSO HAVE TO BALANCE THE NEEDS OF THE ECONOMY SINCE OIL HAS DROPPED
OOTW: LUCKY, AGREED
OOTW: AND THAT’S WHAT ALL OF THESE PRESS RELEASES ARE CALLING OUT
OOTW: THE NEED TO ADDRESS CORRUPTION TO BENEFIT THE PEOPLE AND ABADI’S GOVT HAS MADE SO MANY AGREEMENTS WITH COUNTRIES FOR MONIES, THAT THEY DO HAVE TO BE SHOWN ACTING AGAINST CORRUPTION
OOTW: THEY GOVT IS ACTIVELY FINDING WAYS TO BOLSTER THE ECONOMY APART FROM OIL REVENUE
OOTW: AND THIS, LONG TERM, IS WHAT’S GOING TO SUPPORT THE CURRENCY
luckyinkentucky: how can they ever increase a market economy while the goi monopolizes most services
OOTW: MUCHO ACTIVITY GOING ON TO BOOST EXPORTS/IMPORTS
OOTW: THERE WAS A MOVE OVER A YEAR AGO TO MAKE GOVT INSTITUTIONS PUBLIC
OOTW: SO MANY OF THOSE HAVE BEEN AND ARE STILL BEING DIVERSIFIED
OOTW: REMEMBER THEY TOO ARE WORKING TO MAKE THE RAFIDAIN BANK PUBLIC
luckyinkentucky: I wasn’t aware of that
OOTW: AND I BROUGHT THIS LAW FROM THE GAZETTE INTO CHAT TWO DAYS AGO
OOTW: YES, LUCKY, THIS ANNOUNCEMENT ABOUT MAKING GOVT COMPANIES PUBLIC WAS ANNOUNCED AS APPROVED BY THE COM OVER A YEAR AGO
OOTW: AND THERE IS EVIDENCE THEY ARE DOING THIS
OOTW: THE IRAQI INVESTMENT SITE (SPONSORED BY THE GOI) POSTS VALIDATION OF THIS
luckyinkentucky: that is good to hear
OOTW: AND SO DOES THE MOP
OOTW: ABOVE I POSTED AN ARTICLE OPENING UP PUBLIC INVESTMENT FOR THE PORT OF FAW
OOTW: THERE’S DIVERSIFICATION
OOTW: WE JUST NEED TO SEE A HARD HAMMER COME DOWN ON CORRUPTION NOW
luckyinkentucky: thank you for taking the time to educate
OOTW: THANK YOU, WHEN PEOPLE ASK QUESTIONS, IT HELPS ME TO IMPART WHAT LITTLE KNOWLEDGE I’VE GAINED IN MY YEARS IN THIS
OOTW: ALSO BECAUSE I LOOK AT THIS EVERY DAY, I DON’T READILY RECALL WHAT IS WAS LIKE TO HAVE QUESTIONS OTHERS MIGHT HAVE
luckyinkentucky: I don’t read as much as I used to. I listen to the cbi and they are fairly consistent in their statements
OOTW: 5. The decision to establish a public company under the name (Rafidain Bank)
OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3875&pid=9660#pid9660
OOTW: I HAVE NOT YET HAD TIME TO SEE IF THERE IS ALSO A LAW RE THIS FOR THE RASHEED
OOTW: 5. appointment of Mr. supporter Mohammed Issa Mohammed Saleh, permanent representative of the Republic of Iraq to the United Nations in Geneva number (74).
OOTW: wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3875&pid=9660#pid9660
OOTW: I AM A RESEARCHER AND I ABHOR THE TERM GURU – FOR ANYONE
OOTW: THAT’S A TERM RESERVED FOR HINDI’S AND OF THE SPIRIT
OOTW: I TRY NOT TO BE UNBIASED
OOTW: SO IF PEOPLE THINK WE’RE REPORTING NEGATIVE NEWS WHICH DOESN’T FEED THEIR NEED TO GET AN ADRENALINE FIX, SO BE IT…BUT I FEEL THIS ONLY LENDS CREDENCE TO THE RESEARCH WE ALL DO HERE
luckyinkentucky: hahaha….I agree. I have followed your research for a long time. Thanks for the contribution
OOTW: THANKS
OOTW: FOR YOURS TOO
OOTW: IRAQ IS ON THE HOT SEAT
OOTW: AMONG THE WORLD
OOTW: THEY HAVE TO BE SEEN ADDRESSING THIS
OOTW: AND I BELIEVE THEY WILL – I STILL AM NAGGED BY MAHMOUD’S POST ON THE SJC, BUT HIS NAMED SUCCESSOR HAS SEEMINGLY BEEN ISSUING MOST OF THE ANNOUNCEMENTS OF LATE
OOTW: Abdul Sattar Bayrakdar
OOTW: www.iraqja.iq/view.3167/ PICTURED FAR RIGHT
http://www.iraqja.iq/view.3167/
luckyinkentucky: I’ll believe it when he’s gone
OOTW: ME TOO
OOTW: BUT REMEMBER HE’S WIDELY KNOWN IN IRAQ FOR TAKING REAL ESTATE BRIBES
OOTW: AND THIS IS THE KEY THING THE GOVT WANTS TO GO AFTER RE CORRUPTION
OOTW: SO WE’LL SEE
luckyinkentucky: I have to run for now but I will return more often. Thanks again
OOTW: THANK YOU TOO
OOTW: HAVE A GREAT DAY
luckyinkentucky: you too
Donnie: Great read! Great analysis with supporting documents. TY OOTW
OOTW: TY DONNIE
OOTW: I WANT TO SAY TO EVERYONE……REMEMBER THAT ISSUES HAVE TO BE EXPOSED TO GET ADDRESSED
OOTW: OR HAVE THE CHANCE OF BEING SO
OOTW: IT FEELS DARK WHAT WE’RE GOING THROUGH RIGHT NOW…BUT IT WILL GET BETTER
OOTW: WE HAVE TO SEE THESE THINGS COME OUT – I WOULD ENCOURAGE YOU TO SEE IN YOUR MINDS AND HEARTS, THAT THESE ‘DARK’ ISSUES WILL BE CONQUERED WITH LIGHT
OOTW: I REALLY DO BELIEVE THAT
OOTW: HERE IS THE LINK TO TODAY’S CHAT wealthwatch.world/showthr…
http://wealthwatch.world/showthread.php?tid=3895
Doug_W: TY OO
OOTW: 🙂
Abraham: ‹@OOTW appreciate all your hard work. Let me say the relationship with the IMF is to help Iraq make a transition to a market economy. That in itself encompasses on many streams that lead to the one river if I may put it that way. I am confident that the IMF with the support of the World Bank and the United Nations will leave no stone unturned in the process. It will be time consuming but one day you will wake up and be amazed at the results.
OOTW: THANK YOU ABRAHAM
Abraham: Because Stagnant and polluted water is being addressed in creeks and streams that will filter into the main river of global transition. This transition is bigger than any one individual. It is the development of a model that will transform the Middle East. Man’s agenda may be Iraq, God’s plan is so much Bigger!
OOTW: 🙂 THANK YOU
Abraham: Some will understand, some will not because as an apostolic individual God has blessed me to see into the Spiritual Realm and I say that with much humility.
Abraham: i know you understand and I thank God for that!
OOTW: YES
Donnie: Iraq Live Update ‏@IraqLiveUpdate 9m9 minutes ago Ayatollah Sistani is ‘deeply concerned’ of Iraq government’s failure to tackle corruption, may take further steps..
Donnie: Oh My. look at this beautiful building. I’d love to travel to the ME to see these building in person.
Donnie:
http://wealthwatch.world/blab/attachments/8e552aa266929074c9862a933c65e12a.jpg
Donnie: Ayatollah Sistani issues advice to believing youth
Donnie: www.aimislam.com/ayatolla…
http://www.aimislam.com/ayatollah-sistani-issued-advice-to-believing-youth/
Donnie: Barzani of the Kurdistan region declares bankruptcy
Donnie: :w00t:

Donnie: The President of the Kurdistan Regional Government Nechirvan Barzani, on Wednesday, for the bankruptcy of Kurdistan region of Iraq, stressing that there was no money in the region.
Barzani said in remarks reported by “Rouado” and seen by / information /, that “in fact, there are no funds with the Kurdistan Regional Government, is there worse than to have the government money and distribute it?”. Barzani said that “the biggest challenge to the Kurdistan region now is the financial issue.”
Barzani pointed out that “all our attempts aimed to secure salaries, our priority is the fight against Daash and secure the salaries of the Peshmerga, then ministries and other institutions and the salaries of insurance.” Finished / 25
Donnie: almaalomah.info/2016/01/2…
http://almaalomah.info/2016/01/27/economic/13022
Donnie: Monthly budget deficit in Iraqi Kurdistan reaches $406 million
Donnie: HEWLÊR-Erbil, Kurdistan region ‘Iraq’,— Iraqi Kurdistan Region’s monthly budget deficit has reached 450 billion Iraqi dinars, or roughly $406 million, the region’s deputy prime minister said on Wednesday.
Donnie: read more here: ekurd.net/kurdistan-month…
http://ekurd.net/kurdistan-monthly-deficit-millions-2016-01-27
Donnie: Saturday, January 23, 2016 – 02:00 CBI Says Let the Market Decide Currency Rates
Donnie: The post-sanctions economy offers the promise of revitalizing the economy, said Valiollah Seif, governor of the Central Bank of Iran. Tapping into bank loans and the foreign exchange market are at the forefront of measures to lift the economy in the new era, he added, ILNA reported.
“We should let the market decide the real rates and avoid interfering with market mechanisms or rate setting in the forex market,” he said calling for “genuine” foreign exchange rates.
Donnie: financialtribune.com/arti…
http://financialtribune.com/articles/economy-business-and-markets/34761/cbi-says-let-market-decide-currency-rates
Donnie: “We should let the market decide the real rates and avoid interfering with market mechanisms or rate setting in the forex market,” – I like this line of thinking.
Donnie: That was a good article.