Billuke » April 6th, 2017
Frank - or anyone - just want to make sure I understand correctly. From the CC's and Frosty's notes, any country in history that went through a currency reval...redenom...etc. always revealed their 1000:1 exchange rate.
However, this time, with Iraq, we will NOT be seeing the 1000:1 exchange rate. We'll see the 1:1 at its appropriate time. Correct?
Frank26 » April 6th, 2017
However, this time, with Iraq, we will NOT be seeing the 1000:1 exchange rate. We'll see the 1:1 at its appropriate time. Correct?
Frank26 » April 6th, 2017
IMO ............ Yes.
Successwithf79 » April 6th, 2017
Successwithf79 » April 6th, 2017
Hello Frank and KTFA family! It's Faried from The Netherlands!
I have a question about the below event. Does this mean that a rate change must happen before that event?
Check this event out http://www.cwciraqpetroleum.com/.
It's on 22-23 May of 2017
Now in its eleventh year, Iraq Petroleum returns to London for the industry’s annual strategic meeting. Privileged to work with the Iraqi Government, the conference offers a unique platform to hear first-hand the new strategy for Iraq’s energy sector. Gathering global energy players with Iraq’s industry leaders for over 10 years, the event is renowned for providing exclusive opportunities to meet, network and receive the latest project updates from the Iraqi hydrocarbons industry.
The 2017 edition will feature a special focus on Iraq Power as well as an insightful Security Session, focusing on Critical Infrastructure Protection, an integral component for developing the industry in Iraq.
Frank26 » April 6th, 2017
I have a question about the below event. Does this mean that a rate change must happen before that event?
Check this event out http://www.cwciraqpetroleum.com/.
It's on 22-23 May of 2017
Now in its eleventh year, Iraq Petroleum returns to London for the industry’s annual strategic meeting. Privileged to work with the Iraqi Government, the conference offers a unique platform to hear first-hand the new strategy for Iraq’s energy sector. Gathering global energy players with Iraq’s industry leaders for over 10 years, the event is renowned for providing exclusive opportunities to meet, network and receive the latest project updates from the Iraqi hydrocarbons industry.
The 2017 edition will feature a special focus on Iraq Power as well as an insightful Security Session, focusing on Critical Infrastructure Protection, an integral component for developing the industry in Iraq.
Frank26 » April 6th, 2017
Unknown Friend FARIED ................ But IMO if one is going to the prom ............ One should wear their best ............ Exchange Rate.
Frank26 » April 6th, 2017
Frank26 » April 6th, 2017
BINGO.
Walkingstick » April 6th, 2017
Walkingstick » April 6th, 2017
Abadi and the delegation of the region agree not to be dragged into side battles and activate Article 140 http://sngiq.net/wordpress/?p=57989
Walkingstick » April 6th, 2017
Walkingstick » April 6th, 2017
Iraqi PM Abadi says Baghdad, Kurds to reactivate Article 140
Posted on April 6, 2017
BAGHDAD,— The visiting Kurdish delegation during their meeting with the prime minister of Iraq on Wednesday night discussed possible ways of removing the stumbling block before the reactivation of the controversial 140 Article and laying the groundwork to hold a census in the city of Kirkuk.
According to a readout of the meeting published by Haider al-Abadi’s office, an agreement has been reached between Abadi and the Kurdish delegation to reactivate the 140 Article and hold a general census across the province once [IS] militants have been driven out of some key areas the group still holds, including Hawija, Rashad and Riyaz.
Posted on April 6, 2017
BAGHDAD,— The visiting Kurdish delegation during their meeting with the prime minister of Iraq on Wednesday night discussed possible ways of removing the stumbling block before the reactivation of the controversial 140 Article and laying the groundwork to hold a census in the city of Kirkuk.
According to a readout of the meeting published by Haider al-Abadi’s office, an agreement has been reached between Abadi and the Kurdish delegation to reactivate the 140 Article and hold a general census across the province once [IS] militants have been driven out of some key areas the group still holds, including Hawija, Rashad and Riyaz.
Article 140 of the Iraqi constitution calls for normalization of areas it refers to as disputed, to be followed by a referendum on whether or not those regions want to be part of the Kurdistan Region.
According to the constitution, the article should have been implemented by the end of 2007, and so far no referendum has been conducted on this issue.
This statement comes as the high-ranking Kurdish delegation comprised of the ruling Kurdistan Democratic Party (KDP) and Patriotic Union of Kurdistan (PUK) are meeting with authorities in Baghdad including leaders from the major Iraqi political parties.
“The right of the people of Kurdistan to self-determination and referendum will be on the table. We want to find political and peaceful ways to address this issue with Baghdad, so that we arrive at an understanding while the interests of both sides are preserved,” said Adnan Mufti, a member of the Kurdish delegation.
Abadi told Rudaw in an interview last week that an immediate referendum may not be the best approach.
“Kirkuk is for all the people of Kirkuk with all its communities. There are Kurds, Arabs, Turkmen, Christians and others in Kirkuk who must live together,” Abadi said. “I think the issue should not be deal[t] with in the context of majority because that is the matter of coexistence and coexistence means living in one frame.”
Hamid al-Khazri of the National Alliance faction in the Iraqi parliament led by Hakim told Rudaw, the timing is not right for the Kurds to go forward for the referendum as Iraq suffers from many crisis, as does the Kurdistan Region.
He urged the unification of all the efforts from all the parties to erase ISIS in Iraq as the group’s poses serious threat to all the nations and groups living in Iraq.
Commenting on raising Kurdistan flag in Kirkuk which drew condemnation and praise on a regional scale, the national alliance MP said “the Kurdish brothers should think logically and wisely.”
He believes this question has to be resolved “within the framework of the constitution.”
In addition to Khazri’s comments, Ziya Asadi, in charge of the Political Board of the Sadir Movement, led by the Shiite leader Muqtada al-Sadir, said “we have to respect any decree made within the context of the constitution and understanding between the KRG [Kurdistan Regional Government] and Baghdad,” referring to the controversial hoist of the Kurdistan flag in Kirkuk.
The oil rich ethnically-mixed Kirkuk city in Iraq’s north is claimed by both Iraq’s central government and the country’s Kurdish region.
The Kurds are seeking to integrate Kirkuk province into the semi-autonomous Kurdistan Region claiming it to be historically a Kurdish city, but Iraq’s central government opposes this. The population is a mix of Kurds, Arabs, Christians and Turkmen.
The Arabs and Turkmen do not want to see the province under permanent Kurdish control.
Kurdish forces take full control of Kirkuk after the Islamic State insurgency in Iraq in 2014 and the withdrawal of Iraqi army form the province and some other northern region of the state, including second-biggest city of Mosul.
The former regime of Iraqi President Saddam Hussein had forced over 250,000 Kurdish residents to give up their homes to Arabs in the 1970s, to “Arabize” the Kirkuk city and the region’s oil industry.
Saddam’s policy of “Arabisation” in the north during his quarter century in power led to many Kurdish villages being razed and hundreds of thousands of people being displaced to ensure Arab dominance over local Kurds, Turkmen and Assyrian Christians.
The last ethnic-breakdown census in Iraq was conducted in 1957, well before Saddam began his program to move Arabs to Kirkuk. That count showed 178,000 Kurds, 48,000 Turkomen, 43,000 Arabs and 10,000 Assyrian-Chaldean Christians living in the city.
The delegation is also holding meeting on Thursday with Ammar al-Hakim, leader of the Shiite National Alliance and leader of Iraq’s Supreme Council, and will hold a string of meeting with other officials.
Yesterday the Kurdish delegation met with Iraqi officials including President Fuad Masum and Salim al-Jabouri, the speaker of the parliament.
http://ekurd.net/baghdad-kurds-article-140-2017-04-06