Part 4 - Featuring wmawhite
MrsBGG says to Okie Dinar(1:17 PM):
Thank you!!
MrsBGG says to loop(1:17 PM):
Thank you for the News!!
Doug_W says to Okie Dinar(1:18 PM):
Good Job Girlie
loop says to MrsBGG(1:18 PM):
YVW
loop says(1:18 PM):
The families of the Mosul attack al-Maliki, urging him to stop "sectarian remarks"
Aktham Saifuddin
January 25, 2017
The families of the northern city of Mosul Council launched a scathing attack on former Prime Minister Nuri al - Maliki, and asked him to stop sectarian remarks that "it omelette of Iran , " according to a statement issued by the Council on Wednesday.
This comes after hours of comments carried by local media for Iraqi "Nuri al-Maliki's remarks" in which he spoke about Mosul and its communities is seen as a bid to disperse the ingredients and religions spreading discord among them.
The official spokesman for the families of the Board of Mosul , Sheik Muzahim Ahoit, in a press statement, said that "al - Maliki was causing the fall of Mosul , however , the organization Daesh, during the year 2014, and he is now trying to ignite sedition between Mosul components, through the launch sectarian remarks dictated by the Iran ".
According to the statement itself Ahoit said: "We , in turn emphasize what the president of the Kurdistan region by declaring secession in the event of Maliki 's return to power, and that the clans formally ask the local administration to transfer souls and nationality to the region in the event of the return of al - Maliki."
Adding that "al-Maliki would work in the event of his return, on the sale of the provinces occupied by Daesh again," and called on the government to "al-Maliki accountable for his crimes he committed against Iraq."
According to leaked reports from Iraqi political circles, the al - Maliki to return to power by seeking to form a coalition of militias popular crowd backed by Iran, as well as a small Kurdish parties in Sulaimaniyah , known also close to Iran.
In the same context, Sheikh Daham al-Shammari one Iraqi Shammar tribe leaders said in Mosul for "new Arab" that "al-Maliki called sectarian remarks in meetings called by the different personalities, religious and clan of the province, and provoke the communities among themselves until the case came to an attempt to sow discord among the Christian denominations in the Nineveh plain, "pointing out that al-Maliki and since last night which announced edit the eastern coast of Mosul, which moves negatively otherwise orientations government, calling for what he described as" wise Balijmh coalition. "
For his part, he said a member of the local council in the town of Nabi Yunis in Mosul, Mohammed Hadidi, said that "Maliki 's return to power in the case has, it will serve as a new conspiracy against Iraq and to the provinces , which was delivered to the Daesh by him."
He added, Iron, during his interview with "new Arab", said that "the reign of al-Maliki was the worst period experienced by Iraq General private and Mosul," noting that "the problem is that al-Maliki condemned officially a crime fall of Mosul, through the Commission's report which has achieved the fall of Mosul , the government and judicial authorities have not been able to hold him accountable for this heinous and the subsequent repercussions on the country's crime. "
He stressed saying that "the local officials of the province in favor of the tribes, and will have a fixed position on any return to the owners of the rule, and then for each event interview," adding that "people are all rejecting the return of al-Maliki, and can not accept this."
It is noteworthy that the commission of inquiry in the fall of Mosul, had submitted a report on the fall of the city, carrying al-Maliki and a number of officials responsible for it, but it's been several months since the close it was not held accountable for any responsible for his crimes.
Okie Dinar says to MrsBGG(1:18 PM):
You're welcome :)
Okie Dinar says to Doug_W(1:19 PM):
(F)
Doug_W says to Okie Dinar(1:19 PM):
(F)
(1:19 PM)marylee was kicked out by marylee!
Josie says(1:23 PM):
UK Company Building Iraq Airport to Fly Millions of Pilgrims https://www.bloomberg.com/news/artic...ns-of-pilgrims
Josie says(1:23 PM):
First phase already underway...
Okie Dinar says to Josie(1:23 PM):
Thank you for the news :)(F)
Josie says to Okie Dinar(1:25 PM):
Love the international traveler coming to Iraq Just what we are looking for. Millions of pilgrims will consume lots of goods and services and need plenty of lodging and transportation
Josie says to Okie Dinar(1:26 PM):
And hopefully an internationally traded IQD to be used while in country :-)
Okie Dinar says to Josie(1:27 PM):
(y) I agree, exactly what we are looking for. :)
Okie Dinar says to Josie(1:28 PM):
It doesn't make sense for them not to be internationally traded for something like this.
Okie Dinar says to Josie(1:29 PM):
Of course it's just pieces of a huge puzzle fitting together nicely.
Pablo says(1:29 PM):
You'd think they would make it internationally tradable with all this tourism going on.
Okie Dinar says to Pablo(1:30 PM):
(y)
Okie Dinar says to Pablo(1:30 PM):
GA :)
Pablo says(1:35 PM):
GA.
Pablo says(1:37 PM):
You know, you Americans need to get Trump to declare all dollars in Iraq to no longer be legal tender. That would force them to RV really quick! hee hee
JR67 says to Okie Dinar(1:42 PM):
Good afternoon .......would like to have link to last evening with Madscout and wmawhite...............thank you!
Okie Dinar says to JR67(1:43 PM):
Good afternoon :) http://www.dinarupdates.com/showthre...730#post168730
Okie Dinar says to JR67(1:44 PM):
There you go (F) No call - just newstime in chat :)
JR67 says to Okie Dinar(1:44 PM):
Thank you very kindly OkieDinar!!!(})
Okie Dinar says to JR67(1:44 PM):
You're welcome!!(})
Okie Dinar says(1:46 PM):
IBBC Welcomes Five New Members
January 25, 2017
The end of 2016 saw several new members join the Iraq Britain Business Council (IBBC), each of which are underpinned by strong reputations for innovation, reliability and a commitment to investing in Iraq.
GE, Khudairi Group, Pell Frischmann, Petronas and Siemens join 51 other world- and region-leading companies that form IBBC’s Council of Members.
“IBBC warmly welcomes the addition of these five world-class companies to our membership,” IBBC Managing Director Christophe Michels says. “We greatly look forward to working closely with them and supporting them with the important work they are doing in Iraq.”
New members
GE has operated in Iraq for over 40 years. The world-leading company has three offices around the country – in Baghdad, Erbil and Basrah – which are manned by 120 staff. GE supports the country’s infrastructure needs in power generation, oil and gas and water processing, as well as in healthcare and aviation.
Okie Dinar says(1:47 PM):
The Khudairi Group is a leading provider of services to the oil and gas, engineering and construction industries in Iraq. It is owned and run by the Khudairi family, one of the country’s most prominent commercial families. The company is active throughout Iraq across six primary business units: Engineering, Procurement and Construction; Oilfield Supply and Services; Heavy Machinery Dealership; Heavy Machinery Rentals; Distribution and FMCG Distribution.
Siemens provides solutions to help tackle the world’s major challenges, focusing on electrification, automation and digitalisation. In March 2016, the company signed a Memorandum of Understanding with the Government of Iraq, in collaboration with the Ministries of Electricity and Oil & Gas, to support the development and optimisation of the country’s power generation and grid infrastructure including power generation mix.
Pell Frischmann is one of the UK’s leading firms of consulting engineers, with major operations throughout Europe, the Middle East and Asia.
The company has been working in Iraq since 2004. Its projects include the Mid-Western Water Supply Project, one of the biggest rebuilding projects in Iraq. In 2006, the firm received the Queen’s Award for Enterprise for its work in the reconstruction Iraq.
Established in 1974, Petroliam Nasional Berhad (PETRONAS) is Malaysia’s fully integrated oil and gas multinational ranked among the largest corporations on FORTUNE Global 500. It operates in Iraq under the name PETRONAS Carigali Iraq Holding B.V. Activities the company has been involved in developing the Garraf, Halfaya, Majnoon and Badra oil fields.
Okie Dinar says(1:47 PM):
From Bobby :)
Beeson says(1:47 PM):
I was just reading on updates on facebook and they talked about 50s 100 and 200 bills... Has anyone ever mentioned 1.00s 5.00s 10.00s etc ? or are thoses in coins ?
clay says(1:50 PM):
I'm thinking coins
Okie Dinar says to Beeson(1:50 PM):
If no one is available to answer in here you can ask Pat or Bobby in chat... they are great will will probably know as well :)
Okie Dinar says to clay(1:50 PM):
TY (F)
clay says(1:51 PM):
yw (y)
Beeson says(1:51 PM):
ty both...but i expected not to be answered lol... iask it all the time :)
Doug_W says to Beeson(1:51 PM):
:P LOL I did not answer just as U thought
Beeson says(1:52 PM):
some day ... somebody will know... its a nagging thing i think about all the time
Beeson says to Doug_W(1:52 PM):
:D
wmawhite says to Beeson(1:53 PM):
It is difficult to answer your question because when the currency is discussed in article the translation of "coin" can mean either of paper note or metal coin.
clay says to Beeson(1:53 PM):
just brought your question to my skype room
Beeson says to wmawhite(1:53 PM):
(y)
Doug_W says(1:54 PM):
TKS Mr White
Okie Dinar says to wmawhite(1:54 PM):
Good afternoon :) Thank you!! (F)
clay says to wmawhite(1:54 PM):
thanks
clay says to wmawhite(1:54 PM):
and GA
wmawhite says(1:54 PM):
GA
Beeson says to clay(1:54 PM):
ty ty ty
wmawhite says(1:54 PM):
yw
clay says to Beeson(1:54 PM):
:)
(2:00 PM)Be sure to join the Dinar Updates “private” FaceBook Group… https://www.facebook.com/groups/571383766355188/ (go here and ask to join… then add some Dinar Friends!!)
Okie Dinar says(2:39 PM):
Tomorrow a new pier opens transport Abu flous port
Wednesday 25 January 2017-03:29 pm
Scheduled to open Transport Minister Kazim Cup Thursday Erythema, platform 3 at Abu flous port South of Basra, in the celebration prepared for this purpose.
The Director of public relations and media company in Iraq lmo'ani Tigers Marbad radio NET that the opening of the pier is the largest and first for port which does not include or drive reconstruction over the past years.
He added that the pier was equipped with the latest devices and cranes that can lift and loaded cargo handling over Abu flous port explaining that platform 3 is now ready to receive ships loaded with various goods.
He noted that the Ministry has a plan to build and rehabilitate a number of quays and include building thirteen other Bank Jetty in the port of Um Qasr, noting that one of the quays before Philippine companies contracting with the Ministry to build three berths.
Okie Dinar says(2:39 PM):
From Bobby :)
Okie Dinar says(2:40 PM):
The government is preparing to sign a contract with "General Electric" to create a power station in Al Muthanna
01/25/2017 (0:01 pm) - The number of readings: 215 - Issue (3835)
Muthanna / long - Presse
The local government announced in Muthanna province, that on Thursday will witness the signing of the final contract with the US General Electric Company, regarding the establishment of plants to generate electricity, stressing that the project will end the cases of constant cutting power supply in the province, as pointed out that moving the application of commercial development law with the investment Authority during the next phase.
The governor of Muthanna, Faleh Abdal_husn sugar Ziadi (long-Presse) on the sidelines of a meeting of the American consul in southern Iraq, Wen Dayton, building, maintaining, "It is planned to sign the prime minister, the final contract, on Thursday, with the General Electric Company US to create electric power generation "plant, noting that" such a move will end the suffering of the people of the province because of frequent interruptions in the power supply. "
He Ziadi, that "the next phase will also see the move to apply the commercial development of the law with the Investment Authority, which aims to bring American investment companies to work within the province and other areas, especially as Muthanna and put her hand on the first oil well in the district of vegetables (12 km northwest of Samawah) that that will contribute to raise the pace of economic recovery of the province. "
Ziadi and pointed out that "the establishment of the power plant, will make the province unique capacity, without relying on neighboring provinces, which is always what you are giving the least share of the generation of Muthanna."
The Muthanna province currently rely on Japanese energy drinks and energy cement plant and the presence of plant with a capacity of 500 MW but completely immobilized and why a ministerial post to bring full equipment since 2012, but without the immediate implementation to date, according to the local government.
Okie Dinar says(2:40 PM):
From MadDScout
holly1 says(2:42 PM):
HELLO ... ONE OF MY IRAQI FRIENDS HAS A QUESTION ... IF SOMEONE CAN ANSWER THIS ... IT WOULD BE GREAT ... HE HAS A QUESTION ... BECAUSE OF THE NEW BANKING SYSTEM TAKING PLACE ... AND WOULD LIKE TO GET THE VIEW ON ARE TAKE THE BEST ?
holly1 says(2:42 PM):
have a question if you don't mind,
Saving money in banks , is it a good idea to investing money and make profits ?
holly1 says(2:44 PM):
I GUESS WHAT THE INVESTMENT IS .. I WOULD THINK ... ONE DONT GAIN JUST LEAVING IN THE BANKS .. BUT IT ALL DEPENDS WHAT ONE HOLDS IN A BANK ACCOUNT ????
Okie Dinar says to holly1(2:44 PM):
Good afternoon Holly :) Hope you are doing well.
holly1 says to Okie Dinar(2:45 PM):
I AM .. JUST CHATTING ON FB (F)
(2:45 PM)honeybee12 was kicked out by honeybee12!
clay says to holly1(2:46 PM):
it is if they get high interest which I believe they are
clay says to holly1(2:46 PM):
GA :)
Okie Dinar says to holly1(2:46 PM):
I would agree- I don't think just leaving it the banks would make money... Unless the interest is high :)
Soonergirlie says(2:48 PM):
High interest rates in the a bank is great, and less risk. Investing has risks, he has to be comfortable with the risk levels.
clay says to Okie Dinar(2:48 PM):
if its at 10% it would be great
clay says to Soonergirlie(2:48 PM):
right and hello :)
Soonergirlie says(2:49 PM):
hey clayster (F)
Okie Dinar says to clay(2:49 PM):
Yes of course :) (y)
clay says to Soonergirlie(2:49 PM):
hi
holly1 says(2:50 PM):
THANK YOU ... I MUCH HELP ... (F)
Okie Dinar says to Soonergirlie(2:50 PM):
YES! Smart pants!
Okie Dinar says to Soonergirlie(2:50 PM):
smarty :D
Soonergirlie says(2:50 PM):
:D
(2:51 PM)MrsBGG was kicked out by MrsBGG!
(2:51 PM)MrsBGG was kicked out by MrsBGG!
(2:55 PM)jetset was kicked out by jetset!
holly1 says(2:56 PM):
Thax for your reply ,
Here in Iraq ,
If the money is $ ,
The 100 turn to 101 after one year
If the money is Iraqi dinner
The 100 turn to 103.5 after one year
holly1 says(2:57 PM):
HE SAYS TY.. FOR HELP
holly1 says(2:57 PM):
(F)
Okie Dinar says to holly1(2:58 PM):
:)(F)
(3:00 PM)Check out THE BLOG - http://www.dinarupdates.com/blog/ - for the latest Dinar News, Documents and Call banners
clay says to holly1(3:02 PM):
welcome :)
jackflash101st says(3:21 PM):
3
woodywoodpecker says(3:22 PM):
.
clay says(3:24 PM):
..
clay says to jackflash101st(3:24 PM):
hey there
baxter says(3:28 PM):
Afternoon Clay...
clay says to baxter(3:29 PM):
hey buddy 75 here today then snow and cold Friday (lol)
clay says to baxter(3:29 PM):
crazy weather
baxter says(3:29 PM):
wow its about 83 here.. gorgeous
baxter says(3:29 PM):
and no snow
clay says to baxter(3:29 PM):
yes very nice day too bad I'm working
jackflash101st says to clay(3:29 PM):
How are you Clay?
Doug_W says(3:30 PM):
NO snow
clay says to jackflash101st(3:30 PM):
hangin in there my friend and how are you?
jackflash101st says to clay(3:30 PM):
Always great seeing you
clay says to jackflash101st(3:30 PM):
you too buddy
baxter says(3:30 PM):
I have noticed that we are nearing the end of January..... :)
Doug_W says(3:30 PM):
Airborne
clay says to baxter(3:30 PM):
and CBI hasnt updated since the 4th
clay says to baxter(3:31 PM):
longest I've ever seen
baxter says(3:31 PM):
I know
jackflash101st says to clay(3:31 PM):
About the same my friend..Just hagin in there...Hows your wife doing these days?
clay says to jackflash101st(3:31 PM):
shes doing great thanks :)
jackflash101st says to clay(3:32 PM):
Great,, praysers answered..Glad shes doing better
baxter says(3:34 PM):
Clay.. maybe we ought to call the CBI...and see whats going on :)
clay says to jackflash101st(3:35 PM):
thank you brother
clay says to baxter(3:35 PM):
LOL
baxter says(3:35 PM):
it sure has caused a lot of guru confusion... thats for sure
clay says to baxter(3:36 PM):
4 sure (lol)
clay says to baxter(3:36 PM):
just like in the past
baxter says(3:36 PM):
yep..... Good old Frank is leadin the way...
clay says to baxter(3:36 PM):
too funny
clay says to baxter(3:39 PM):
do u remember the pastor that said no RV till market hits 20,000
clay says to baxter(3:39 PM):
well it hit today 8-|
baxter says(3:40 PM):
YEP.... and Guess what... today was the Day... (y)
clay says to baxter(3:40 PM):
yep
clay says to baxter(3:40 PM):
that was years ago
baxter says(3:40 PM):
Yep....
clay says to baxter(3:41 PM):
he said God told him in a dream
baxter says(3:41 PM):
hey... first one that was right (lol)
clay says to baxter(3:41 PM):
wish he were right
clay says to baxter(3:41 PM):
(lol)
bigrudy says(3:41 PM):
Any updates on Dinar Corp?
clay says to baxter(3:41 PM):
the other week
clay says to baxter(3:42 PM):
the suit goes to court in Feb unless pushed back
baxter says(3:42 PM):
great...
baxter says(3:42 PM):
I havent got an update on Sterling case in quite a while....
baxter says(3:43 PM):
I ought to call them tomorrow... bug em a little
clay says to baxter(3:43 PM):
January 17, 2017 U.S. Department of Justice
Middle District of Alabama
131 Clayton Street
Montgomery, AL 36104
Phone: (334) 223-7280
Fax: (334) 223-7135
Re: United States v. Defendant(s) Husam Tayeh, Theodore Hudson
Case Number 2014R00064 and Court Docket Number 16-CR-00423
Account Number 5451
Dear :
The enclosed information is provided by the United States Department of Justice Victim Notification System (VNS). As a victim witness professional, my role is to assist you with information and services during the prosecution of this case. I am contacting you because you were identified by law enforcement as a victim during the investigation of the above criminal case.
A status hearing is scheduled before Judge William Watkins for April 11, 2017, 10:00 AM at Frank M. Johnson U.S. Courthouse Complex, One Church St., Montgomery, AL for defendant(s) Husam Tayeh. The purpose of this hearing is to determine if there are issues that the Court needs to address and to schedule any necessary future court dates.
Defendant Theodore Hudson was sentenced by the Court. The Court ordered the defendant to the following:
Probation of 1 year(s)
Special Assessment of $25.00.
bigrudy says(3:43 PM):
Well I hope we can hv some money back. It will be helpful
clay says to bigrudy(3:43 PM):
4 sure
baxter says(3:44 PM):
who was Theodore Hudson?
baxter says(3:45 PM):
a year probation and 25 bucks?
clay says to baxter(3:45 PM):
dont know
clay says to baxter(3:45 PM):
crazy huh
bigrudy says to baxter(3:45 PM):
HE was working with him
baxter says(3:45 PM):
I guess
baxter says(3:45 PM):
and he got fined 25 bucks? whats with that
clay says to baxter(3:45 PM):
United States v. Defendant(s) Husam Tayeh, Theodore Hudson
Case Number 2014R00064 and Court Docket Number 16-CR-00423
Account Number 5451
bigrudy says to baxter(3:45 PM):
Yep
clay says to baxter(3:46 PM):
maybe a partner
baxter says(3:46 PM):
WOW
baxter says(3:46 PM):
Stole all that money... and got a 25 dollar fine?
clay says to baxter(3:46 PM):
$25 (lol)
baxter says(3:46 PM):
OMG
baxter says(3:47 PM):
You get more than that for Jaywalking
bigrudy says to baxter(3:47 PM):
lol
clay says to baxter(3:47 PM):
lol
bigrudy says to baxter(3:47 PM):
:D:D
baxter says(3:49 PM):
they arrested our Newly Elected Sheriff last night... for speeding.. and gave him a ticket (lol)
clay says to baxter(3:49 PM):
now that is funny
baxter says(3:50 PM):
true story... was on our TV News
bigrudy says to baxter(3:50 PM):
(lol)
clay says to baxter(3:50 PM):
I can believe it
Doug_W says(3:50 PM):
who Bax?
baxter says(3:50 PM):
The sheriff over in Brevard County
Doug_W says(3:50 PM):
wow
baxter says(3:51 PM):
doing 70 in a 55
Doug_W says(3:51 PM):
glad he got busted
baxter says(3:51 PM):
yep... he said on the news his mind wasnt on his driving.. (lol)
baxter says(3:52 PM):
Two nights ago. a sheriff deputy who won Deputy of the year... got pulled over for dwi... over twice the legal limit
Doug_W says(3:53 PM):
wow
baxter says(3:53 PM):
its exciting to live in Florida.... (lol)
baxter says(3:54 PM):
BBL.. gonna eat supper...
(4:00 PM)THE OBSERVER - http://www.dinarupdates.com/observer/ - Save as a favorite... for Daily Dinar Commentary, Notices and Call banners!!
digiman1 says to Okie Dinar(4:02 PM):
break time!!!!!!!!!!! :D
Okie Dinar says to digiman1(4:03 PM):
YAY! :D
Okie Dinar says to digiman1(4:03 PM):
Let me copy :)
Okie Dinar says to digiman1(4:05 PM):
Thank you!! (F)
(4:05 PM).OkieDinarCOPY changed nickname to .OkieDinar!
digiman1 says to Okie Dinar(4:09 PM):
enjoy your afternoon :)
digiman1 says to Okie Dinar(4:10 PM):
thank you for copying :)
(4:13 PM)jxxl was kicked out by jxxl!
(4:34 PM)calaciura was kicked out by calaciura!
eman4u55 says(4:36 PM):
yum having coal fire pizza
eman4u55 says(4:37 PM):
tastes better then it sounds :D
eman4u55 says(4:40 PM):
if i support the store that makes coal fire pizza does that mean i support GOLBAL WARMING (lol)
eman4u55 says(4:41 PM):
now i'm gonna need sum TUMS
Pablo says to digiman1(Whisper message)(4:45 PM):
Hey there. Still no change on the CBI web site.
digiman1 says to Pablo(Whisper message)(4:47 PM):
ya.....now its really got my attention....
Pablo says to digiman1(Whisper message)(4:48 PM):
Me too. I wonder what is going on?
Pablo says to digiman1(Whisper message)(4:49 PM):
Is this a record?
Pablo says to digiman1(Whisper message)(4:54 PM):
I see there is a big push going on to the last of Mosul.
digiman1 says to Pablo(Whisper message)(4:59 PM):
tomorrow will be a record.....today matches their longest term as best as i can recall...
Pablo says to digiman1(Whisper message)(5:00 PM):
Humm.
(5:00 PM)Be sure to join the Dinar Updates “private” FaceBook Group… https://www.facebook.com/groups/571383766355188/ (go here and ask to join… then add some Dinar Friends!!)
Pablo says to digiman1(Whisper message)(5:00 PM):
Mysteries, mysteries.
digiman1 says to Pablo(Whisper message)(5:01 PM):
i take it as great sign.....no auctions yet this year??? seriously??
Pablo says to digiman1(Whisper message)(5:01 PM):
The market rate is still going up.
digiman1 says to Pablo(Whisper message)(5:01 PM):
thats a great sign....
Pablo says to digiman1(Whisper message)(5:01 PM):
No auctions? I didn't know that one.
digiman1 says to Pablo(Whisper message)(5:01 PM):
market rate means nothing to me...
Pablo says to digiman1(Whisper message)(5:02 PM):
Me neither, but it is interesting that it is going up.
(5:02 PM)popeye7 was kicked out by popeye7!
Pablo says to digiman1(Whisper message)(5:03 PM):
How reliable is Frank26?
digiman1 says to Pablo(Whisper message)(5:13 PM):
i dont trust anything he says
Pablo says to digiman1(Whisper message)(5:14 PM):
Okay.
Pablo says to digiman1(Whisper message)(5:14 PM):
How long do you think it will take for them to finish Mosul?
digiman1 says to Pablo(Whisper message)(5:14 PM):
no idea
Pablo says to digiman1(Whisper message)(5:16 PM):
How is Blossom doing? Is she feeling better?
Doug_W says(5:17 PM):
GN gang
Pablo says to digiman1(Whisper message)(5:20 PM):
bbl
loop says(5:36 PM):
Central: proposes to diversify revenue to attract hard currency
1/26/2017 0:00
BAGHDAD / morning specialists in economic affairs seeking through the discussions in the forums to get to the results that can be applied after the search mechanisms make it work in order to promote general economic and financial reality of the country. And the holding of the Iraqi Center for Development and Media recently the national monthly meeting in which the central bank governor , Dr. Ali Keywords guest with a group of academics, journalists, researchers and feet Keywords through an explanation of the financial policy of the Central and how to deal with the crises suffered by the Iraqi economy, as well as interventions for the professionals affairs economic. He Keywords that financial reserves are bond group , which belong to the country and covered in foreign currencies and is internationally accepted indicator of the financial strength of the country.
He said there is a certain extent of reserves represents satisfaction and acceptance globally but there are guiding standards set by the International Monetary Fund to financial reserve would be acceptable, adding that each country vary over his need for financial reserves commensurate with the internal and external economic conditions and the extent of stability.
He Keywords that reserves are the money the state can invest and employ them when in crisis or special financial conditions, stressing that this is completely different from the Iraqi Central Bank reserves.
He said the Ministry of Finance receives 95 percent of revenues in dollars and 5 percent in local currency while expenses are about 85 percent in local currency and the rest in foreign currency to the Central van based foreign currencies discharge rhythmically while keeping foreign debt payments in dollars, adding that the Central is not controlled by a financial reserve , but based on what enters the country of the dollar over the oil revenues, which are exposed to constant fluctuations.
He suggested Keywords address this issue by diversifying government that bring hard currency to the country 's revenues, confirming the presence of an important relationship between the general budget and the reserve which is an inverse relationship If approved budget of the country with a deficit , it means a direct decrease reserves as of the bridging the shortfall in the budget, explaining that the state takes the dinar from the central bank without the parallel dollar cover him and this is what happened in 2016.
He stressed that the central accurate audits with the International Monetary Fund 's financial position as all accounts confirm that Iraq will not face up to the problem in 2021 on the subject of the reserve.
And he stressed the importance of activating the private banks sector , saying: "There is a reluctance to pay borrowers accounted for up to 30 percent , and this number is very large compared with the payment of a global loan which does not exceed 2 percent.
For his part , called on the Minister of Transport , former Amir Abdul - Jabbar to lift the dollar It rose very slightly to benefit from the financial difference , especially because it will save the state money can utilize them in several areas, but the Keywords replied that any rise in the dollar, albeit slight, will push some traders to take advantage of this situation and will be its impact on the middle and lower classes than others.
MP Mehdi al - Hafez central demanded clarification of the procedures and mechanisms for buying and selling the dollar and the reason for the identification of specific banks for transfers and buying and selling, noting the need to perform his Iraq all the demands of the international Monetary Fund. Keywords responded that the central regions by all banks and through deals with each bank according Ranked with a control minutes on all banks and banks and constant scrutiny of the financial accounts, and on Iraq 's deal with the international Monetary Fund, this deal set by the House of Representatives after pleading deal with the Convention and we are working within the context of this Convention.
financial advisor to the prime minister the appearance of Mohammed Saleh, said for his part that the controversy that happened with our partnership with the international Monetary Fund was about reducing the rate of the dinar , which means that the state will gain new money they will sell the dollar at a higher price, but this will hurt the citizens directly higher prices directly, although the IMF demanded implemented by naming him as a (silent taxes) is what made us in front of two options the first move toward improving the financial performance of the country or use (silent taxes) so we preferred to keep the damage from the citizens and not to use those taxes.
loop says(5:36 PM):
The adviser to Prime Minister Dr. Kazem al - Hassani touched on the financial reform and the steps sought by the government to diversify its revenue and earning hard currency through the revitalization of some sectors and not to rely entirely on oil imports , and this is what will be implemented starting this year 2017 to overcome what happened in the last year.
In turn , he demanded that Dr. Akram Al - Aqil put a wise and well thought out scientific plans by specialists plan to start diversity of imports and participate by various experiences, stressing the importance of expatriate attract capital and develop simple mechanisms for fed back into the country to encourage investment.
loop says(5:37 PM):
Parliament calls for financial follow-up funds allocated through auction currency imports
1/26/2017 0:00
BAGHDAD / Shokran Fatlawi
He demanded the Parliamentary Finance Committee member Dr. Magda Tamimi reconsider at an auction mechanism currency being restricted currency and trade liberalization in the correct philosophy is supposed to follow, restraint of trade and the liberalization of the currency to be available to all, as well as the advancement of agricultural sectors and Alsnaaa.wachart in an interview for the "morning" on the sidelines of a seminar organized by the progress of the Policy Institute development earlier this week, to the need to know where the money to be allocated for commercial purposes trends through auction currency and follow them carefully to prevent employed in the doors not serve the country economically.
Curriculum import
It said al - Tamimi said the curriculum import a very important point, indicating that the country before 2003 had entrusted the Ministry of import task Commerce where she was familiar with the needs of the country quantity and specifications required, any sense of what the state of the materials you need and not to engage in random import, and therefore the dollar when he goes out to something important and should be given Marov.ocdt import a vacation every year and not every three months and that the goods entering the border Customs and tax Malomtin by installing the specifications so as not to tamper Bmdjulat state. Iraqi market is experiencing a wave of random import carried significant negative effects actually productive and the country 's economy in general , the lack of identification of the need for the local market from imports.
Reflections loans
In the gallery her answer on the implications of the loans on the economy visor presentation at this stage Said Tamimi: We have to know first why we resorted to borrowing, which means that there is a reluctance in the money department, accompanied by increasing the number of displaced persons and the rise in unemployment to about 23 percent, which should stop him for a course correction and re - look at most of the trends and work with some transparency and realism, and the replacement of loan funds revenues that enter the country.
It pointed to the direction of the country to borrow and what will succeed him on to future generations that will suffer from the repayment of loans and benefits, which requires working properly to get rid of state borrowing that, especially since the name of the country large are not allowed to borrow for being an oil country and has a lot of natural resources.
In terms of the currency float, especially given that the affected countries economically are taken and showed a member of the Finance Committee, the beneficiary and Ctaralcbr in the country from the current situation are the coin dealers where the money is taken formally, and then sold in the market by 10 to 11 yarns Maani and no difference in millions of dollars .
Float currency
She pointed to the possibility of the application of the currency was floated , such as what happened in Egypt and leave the supply and demand of the process is controlled by the exchange rate and the possibility that service to the economy of the country, and more importantly, the curriculum is the one who import any items imported country? And what enters her? Pointing out that real trader Aisturd but currency traders are importing so that funds go to the country abroad.
loop says(5:38 PM):
Any sense said if you had a million dollars , rather than turn to agriculture or industry is given a million to any Ahli Bank gives you every two weeks 15,000 dollars means Year 360,000 dollars in that case there is no need to production which leads to the death of agriculture, industry , and then eliminate the economic development , pointing to the need to encourage the productive sectors, particularly agriculture and industry out of the crisis.
And about how to distribute oil revenues among citizens said Tamimi , concluding her speech by saying: must oil revenues are distributed fairly through reconsider ladder state salaries as well as having health insurance and work to restore services through it , we can say: the oil revenues properly distributed and not distributed money but provide services to settle the citizen psychologically and economically.
loop says(5:38 PM):
http://www.dinarupdates.com/showthread.php?45886-Parliament-calls-for-financial-follow-up-funds-allocated-through-auction-currency-im
loop says(5:39 PM):
That's it for now. My youngest is 18 today so we're taking her out to dinner. BBL
BGG says(5:45 PM):
Thanks Loop - TTYL
digiman1 says(5:53 PM):
Money doesn’t buy you happiness but it can buy you a jet-ski. It is impossible to be sad when you’re riding on the jet-ski...
BGG says to digiman1(5:55 PM):
(y)
Okie Dinar says to digiman1(5:57 PM):
:D
(6:00 PM)Check out THE BLOG - http://www.dinarupdates.com/blog/ - for the latest Dinar News, Documents and Call banners
tinman says(6:05 PM):
lake simcoe is frozen over cant get mine in the water guess ill go ice fishin
(6:11 PM)sagecanyon was kicked out by sagecanyon!
(6:11 PM)pvconnie was kicked out by pvconnie!
(6:22 PM)dale was kicked out by dale!
BGG says(6:26 PM):
Sorry I didn't get the Blog posts up first thing - had some stuff come up. Working on them now. Hang in there :D
(6:28 PM)george was kicked out by george!
(6:31 PM)jetset was kicked out by jetset!
(6:40 PM)john09 was kicked out by john09!
(6:45 PM)john09 was kicked out by john09!
(7:00 PM)DIGIman1.copy changed nickname to DIGIman1!
(7:00 PM)THE OBSERVER - http://www.dinarupdates.com/observer/ - Save as a favorite... for Daily Dinar Commentary, Notices and Call banners!!
BGG says(7:02 PM):
^^^^^^^^^^^^^^^^^^^^^^ Just updated - Thanks
magnetlady says(7:03 PM):
Thank you BGG
Continue to Part 5 | Link to Part 1