Backdoc » December 19th, 2014, 12:33 pm IMO
SNAGGLEPUSS : EXIT, STAGE RIGHT !!!
WOW! LOOKS LIKE THEY ARE IN A HURRY TO COMPLETE ALL THE LAWS AS THEY SAID IN ONE BASKET !!
AHHH THE PRESSURE MOUNTS TO GET LONELY!
WITH ALL THE ARTICLES CONFIRMING THAT COUNTERFEITING WAS NOT A SERIOUS PROBLEM AND THAT WE WOULD HAVE AT LEAST 4 YEARS TO EXCHANGE CONFIRMS THE COUNTLESS ARTICLES WE HAVE SEEN IN THE PAST THAT OUR CURRENCY WILL HAVE FACE VALUE!
IN YESTERDAYS ARTICLES THEY ALSO MENTION THAT THE CURRENCY CHANGES WILL OCCUR IN STAGES, SO AS NOT TO DISRUPT THE CURRENCY'S STABILITY AS WELL AS MAKE IT A SMOOTH TRANSITION FOR THE CITIZENS AND BUSINESSES !!!
SO I ASK YOU, DOES THAT SOUND LIKE THEY WOULD DO A FREE FLOAT STARTING WITH.10 OR .30 ?
THIS WOULD DISRUPT BUSINESSES WITH RATES CHANGING MINUTE BY MINUTE AS WELL AS THE INCREDIBLE DAMAGE IT WOULD DO TO THE CURRENCY BY DEVALUING IT BY DESTROYING THE NOTE COUNT!!
SO, USE COMMON SENSE HERE AND SEE WHAT THEY ARE SAYING! WE MAY NOT SEE A BIG NUMBER OUT OF THE GATE BUT CERTAINLY OVER A DOLLAR IS RATIONAL TO ENCOURAGE THE CITIZENS TO USE THEIR NEW HIGHER PURCHASING POWER!
THE HIGHER PURCHASING POWER WILL ALSO HELP THEIR BUDGET SHORTFALL!
THEY WILL LIKELY NEED TO BORROW TO MEET THEIR OBLIGATIONS UNTIL OTHER SECTORS OF THEIR ECONOMY RAMP UP AND HELP DIVERSIFY THEIR REVENUES!
I'M LOOKING FORWARD TO THE STAGES !!! HIGHER RATES, NEW CURRENCY,ECT.!!
LIKE THE CARTOON SNAGGLEPUSS USED TO SAY: "EXIT STAGE RIGHT" , RIGHT INTO A NEW RATE !!!
walkongstick wrote on December 19th, 2014, 9:31 am:
Special / Council of Ministers adopt the draft general amnesty law sender instead of drafting a new one
BAGHDAD - Iraq Press - December 19 / December: Detection Office of the Prime Minister, Haider al-Abadi, Friday, for the adoption of the draft general amnesty law sent to the House of Representatives since the previous parliamentary session instead of sending a new bill carries the same implications.
A spokesman for the office, Saad al-Sabri, L / Iraq Press / "The introduction of a general amnesty law does not need the government's role in order to send it since the previous parliamentary session at the House of Representatives because of the amnesty law exists since the previous parliamentary session and has read the first reading," noting "The re-discussion does not need to send a new bill because he needs to meetings and new formulations."
He newborn that "the adoption of the amnesty law is included in the policy document voted on by the House of Representatives convention session give confidence to the Prime Minister, Haider al-Abadi, as he came within a program of national reconciliation and therefore the government is moving its program in this context and is committed to all the political blocs, Because reconciliation serve the country. "
Abizaid and saying that "the best way to speed up and move to endorsing legislation is the adoption of existing law and that the council is the main political blocs that will be discussed and amended and passed." Admiral ended
backdoc » December 19th, 2014, 3:06 pm
AS I SAID IN MY PREVIOUS POSTS, THE BANKS WILL SOLICIT CONTRACTS FOR BUSINESS LIKE OIL,GAS,MINING,AGRICULTURE,ECT.!
THE COUNTRY WILL USE THOSE CONTRACTS AS AN ASSET TO JUSTIFY THE RATE THEY DESIRE TO ACHIEVE!!
THIS SHOULD ALL BE IN PLACE NOW AS WE AWAIT THEIR "STAGE RIGHT" INTO A NEW RATE !!! DOC
walkongstick :12/19/2014 (17:33) -
Abdul-Mahdi, confirms that oil exports will not be affected by the decline in prices and Basra demanding management contracts
BAGHDAD / long-Presse
The Ministry of Oil, on Wednesday, that the decline in world oil prices will not affect Iraq's exports amounting to about 2.0004 million barrels per day, and called for the speedy enactment of the oil and gas law, to regulate the relationship between the federal and Kurdish governments and ensure the distribution of oil imports to the producing provinces around ensures their rights, While council in Basra new claim involving the province's oil contracts file to ensure financial and administrative entitlements, they returned to the relationship with the Ministry of Oil "will not organized," but draw oil policy on a common basis and approve oil and gas law.
Said Abdul-Mahdi during his attendance, British Petrleom PB company operating in the Rumaila oil field ceremony, said that "Iraq issued today about 2.0004 million barrels of oil a day without Kurdistan and Kirkuk province oil calculating", noting that "the decline in global oil prices will not affect the programs Productivity ministry. "
He called on the oil minister, to the need to "enactment of the oil and gas law to regulate the relationship between the federal and Kurdish governments and ensure the distribution of oil imports to the producing provinces," returned to the "oil and gas law is not in the interest of the Kurdistan region, but also serves the producing provinces by ensuring their rights about clear at the managerial and financial resources. "
For its part, the Council called for the involvement of the province of Basra in oil contracts file to ensure financial and administrative entitlements.
The Chairman of the Commission on oil and gas in the province of Basra, Ali Shaddad Knight, in an interview to the (long-Presse), "The Basra federal government has repeatedly demanded the need to involve them in the oil contracts with international companies, according to the powers granted to local governments," adding that "the relationship between the Ministry of Oil and local government in Basra, will not only draw organized oil policy on a common basis and approve oil and gas law. "
And saw a knight, that "not approve oil and gas law will make Basra at the site of the biggest losers in the presence of a financial crisis and the delay in the projects that rely on financial liquidity," describing the relationship with the local government of Basra with the Oil Ministry is currently as "positive through the Ministry's demands Basra during current term. "
And announced that the Iraqi Oil Ministry, in (the fourth of September 2014), for the amendment of the investment held Bhkulai Rumaila in Basra and Halfaya in Maysan, with each of the two BP and British Petrojayna Chinese, to reduce the peak rate of production, with the British company confirmed that it will provide Iraq revenues of trillion dollars until the year 2034.
The Oil Ministry also announced in July last, for the production of the Rumaila oil field two billion barrels since the beginning of the contract with the oil companies responsible for the development of the 2009 field.