Post From Wealthwatch.world Chat Room
News With Links & Discussion
Wealthwatch Wednesday Chat 1-20-16 Part 2 of 2
OOTW: OBVIOUSLY THE JUDICIARY NOW WANTS TO BE SEEN ON THE SIDE OF THE PEOPLE (AHEM, GOOD LUCK WITH THAT)
OOTW: BUT THEY ARE MAKING AN EFFORT IT SEEMS
OOTW: THIS, TO ME, IS PIVOTAL NEWS
OOTW: THE CORRUPTION STARTS WITH THE SJC AND WORKS ITS WAY DOWN - AND THEN MALIKI HAS HIS OWN LATERAL POSITION TO THE SJC , OR AT LEAST HE HAS
OOTW: I WANT EVERYONE TO KNOW THAT I HAVE ATTEMPTED TO CREATE A CHAT ROOM SCHEDULE
OOTW: THE ROOM WILL BE CLOSED FOR SIX HOURS DAILY
Doug_W: between what hours OO?
OOTW: 11 pm mst and 5 am mst
OOTW: I'VE NEVER TRIED TO SET THIS SCHEDULE SO FIRST WE HAVE TO SEE IF IT WORKS
forestnr4: Caught at the Canadian border with $7M in Iraqi currency and two handguns, three California men under investigation…news.nationalpost.com/new...
OOTW: OH WOW OOTW: THANKS FORESTNR4
OOTW: wealthwatch.world/showthr... BIG MOVES TO GET THE CORRUPT
OOTW: SO THESE ANNOUNCEMENTS APPEAR TO BE A MIXED BAG
OOTW: SOME ARE GETTING RELEASED AND OTHER CASES ARE MOVING FORWARD
OOTW: WE JUST HAVE TO WATCH THIS
Tootsie: Really ~ [11:56:22 AM] forestnr4: Caught at the Canadian border with $7M in Iraqi currency and two handguns, three California men under investigation…news.nationalpost.com/new.... ~~
Exchange rate is under the 10K they have to report ~~ hope they consider such ~ 7,000,000.00 IQD = 9,223.016 CAD
OOTW: TY TOOTSIE
forestnr4: The tale of a mysterious mound of Iraqi cash seized at the border, and the oddball cast that’s fighting for it……news.nationalpost.com/new...
forestnr4: As the 8,185,910,250 Iraqi dinars from the SUV were counted, the driver, Jesus Berrios, found himself in a serious pickle. Within minutes, Berrios, 53, of Daly City, Cali., was in handcuffs with his brother Jose and nephew Richard, who were with him in his SUV.
ladyfox: Hi Guys Wow late getting in those guys were dumb
Donnie: lol 8 billion Dinars
Donnie: "No criminal charges have yet been filed in connection with the large sum of cash which has been seized. It was unknown when that might occur, according to authorities. The CBSA says people entering Canada must declare any amount of money over $10,000"
Donnie: that's $6.8 million USD
Donnie: a tad bit over $10,000 per person in the SUV lol
waldowould: Think about all the people who trusted their dinars to the group to hold for them.
Donnie: Iraqi Airways on its way to foreign investment Wednesday 20-01-2016 www.ara.shafaaq.com/51692
Donnie: hmmm... i wonder what the exchange rate will be....
Doug_W: ‹@Donnie› excellent Question
OOTW: HERE IS THIS FROM BUTIFLDRM
OOTW: A meeting of the Finance and Economy Ministers to discuss the crisis in Iraq funds
OOTW: The Finance Ministry said in a statement that the meeting was held "under the chairmanship of Finance Minister Hoshyar Zebari, and the presence of oil ministers, Planning and Agriculture and the Governor of the Central Bank and a number of members of the Committee in addition to a number of financial, economic and academic experts to discuss the financial situation in Iraq,
and ways to address the economic and financial crisis through the implementation of urgent action conducive to maximizing the resources of the state to overcome the financial crisis of the 2016 budget. "
OOTW: THERE'S MORE TO THIS ARTICLE - I WILL POST HIGHLIGHTS
OOTW: HERE'S ANOTHER IN THIS SAME THREAD
OOTW: The Office of the Prime Minister Haider al-Abadi, confirmed last Friday, the government continues to search for sources of funding out of the economic crisis, including internal and external borrowing and taxation and activating the customs tariff and selling bonds, international and internal subscription and implementation of projects on credit.
A spokesman for the Office Saad al-Hadithi's [where], "The government has drawn up plans in budget 2016 approved by Parliament is in the search for sources of financing be helping and assisting the oil sources, "noting that" the adoption of the budget on oil sources this stage is no longer feasible.
OOTW: THE OPTION OF PRIMARY CONSIDERATION TO OFFSET THE DROPPING OIL PRICES, SO FAR, WITH AN CERTAINTY, HAS BEEN STATED TO BE THE OPENING OF THE PRIVATE SECTOR
OOTW: ARTICLES HAVE ELUDED TO THE CONSIDERATION OF EITHER RAISING OR LOWERING THE VALUE OF THE DINAR
Butifldrm: There has been much Ado about the implementation of the Custom Duties/Tariffs in Iraq.
Butifldrm: The Tariffs have been a hurdle that Iraq has struggled with for years. Now that Iraq economically is between a Rock and a Hard Place and must go to the IMF/World Bank for loans, they are being made to comply with this mandate from the IMF which has been in place for years.
Just like the battle of corruption has been going on for years, and so is this a mandate of the IMF/world bank for Iraq to address, to obtain that loan. The tarrifs will be instituted by controlling the boarders.
Controlling the boarders will address an aspect of the corruption. Not only will the government obtains some income from the tarrifs, but the tarrifs will help maintain Iraq's foreign currency reserves.
I know many of us feel the people will suffer even more when the price of goods in the market increase, The cost of living is considerably lower in Iraq than it is here in the States. www.numbeo.com/cost-of-li....
Thank God, for 80% are employed by the government and the majority of the rest are on the ration card system. Iraq must build their alternative economy of agriculture, industry and tourism. I pray it's not a little too late, but in order to do so the Tarrifs must be instituted and Iraq will have to live under even more austerity until they accomplish the IMF/World bank goals.
Butifldrm: Abadi before heading to Switzerland: our economy will emerge stronger from the current crisis Wednesday 20-01-2016 | 10:21:54[Haider Alebadi- EM] Haider Alebadi- EMTwilight News / confirmed Prime Minister Haider al-Abadi, Wednesday, that the Iraqi economy will emerge stronger from the current crisis, while stressing the need to find resources other than oil, it said that the organization "Daash" lost half of Iraqi territory that was controlled.
Ebadi said in a speech before heading to Susara, this evening, to participate in the Davos Forum, "we went to Switzerland and our participation in the Davos forum is aimed at supporting the economy and the financial side in Iraq," noting that "the Iraqi economy will emerge stronger from the current crisis planning and development."
Abadi stressed the need to "find alternative sources of oil to support the economy after a sharp decline in world oil prices." On the other hand, confirmed al-Abadi, that "the security forces continues to progress at a time Daash continue to decline," pointing out that "Daash lost 40 to 50% of the territory that was controlled, so the world should hear these victories."
And directed Prime Minister Haider al-Abadi earlier on Wednesday, to Switzerland to participate in the Davos World Economic Forum. And it launched, today, the work of the Davos Economic Forum in Switzerland, and take part in the Forum more than 2,500 of the most important decision-makers in the world's heads of state and government as well as ministers and owners of companies.
MichelleL: ‹@Butifldrm› Hi! I've been MIA for a few days, have no idea whats happening other than the market tanking, so I'm catching up on a little reading ;)
Butifldrm: Yes, the market is a mess
Butifldrm: I have been watchin closely
Butifldrm: thank God I moved my investments too cash a while ago
NUMBERS: ‹@MichelleL› IT RVED AT $14.38
NUMBERS: :w00t: :w00t:
MichelleL: another rv? geeez, I'm just not fast enough ;)
MichelleL: all I know is I started this investment with confirmations and graduations, and have reached retirements and old age homes.... how much longer?
MichelleL: oiy did someone say "soon"? ROFLMAO~!