Sinead sworn in as a substitute for the Vice President of the Republic Maliki
[tlm724] short and sweet
[cat] tlm724 wow good news
[tlm724] so this makes me ask is Maliki getting a different position or did he get caught ???
[tlm724] cat I think it may be good news too but it's too early to say because it from an informed source
[cat] tlm724 hope allawi is next
[tlm724] yes that would work too, but Allawi may be behind this dethroning of Maliki
Baki Moon: ready to support international coordination against Daash and Iraq and its neighbors in front of a historic opportunity to confront terrorism
[tlm724] Baki Moon: ready to support international coordination against Daash *hallelujah*
[tlm724] "the United Nations is ready to support Iraq and the region through coordinated efforts of political, social and human and financial resources necessary to address the current crisis,
[tlm724] thats what I have been waiting to see
[tlm724] the full support from the UN !
[tlm724] it had to happen this way, the UN has the power to impose sanctions , provide funding and put a hurt on anyone who supports ISIS etc... it's critical in making a difference in this fight !
Call for the issuance of sovereign bond supports the housing sector
[tlm724] said economic expert, Dr. appearance of Mohammed Saleh, said that the financing of the deficit will be from local sources first and then sprawl to global markets
[tlm724] so begin within Iraq then go global !
[campdav] tlm724 Baffeled, how can they sell those bonds ( if they are internationally) without a new rate?
[tlm724] campdav good question lets look at the rest then I will pose another question
[campdav] tlm724 That was big on Shredds radar
[tlm724] indicating the importance that the present state bonds for Reconstruction and Development and not merely sell remittances
[tlm724] campdav thats the auctions ^^^
[lightingcslt] sold in the iraqi market
[tlm724] Saleh indicated that the Ministry of Finance lacks makers, financial market, a self- issuing treasury transfers that clog deficit temporarily in the budget, while there should be an expert to manage this process and who can find them through cooperation with the World Bank in this area
[campdav] tlm724 So it must be those treasury notes they are calling bonds, sovereign bonds?
[lightingcslt] campdav sold only in the Iraqi market
[tlm724] campdav I think it may be but not sure
[tlm724] the most important piece to this puzzle is this which currency are they using, IQD or USD ?????
[campdav] tlm724 Another great question
[tlm724] because they can issue bonds in which ever they choose, we want to see IQD bonds !
[campdav] Must be what Shredd mentioned, selling them internationally?
[tlm724] campdav yes he is looking for gov bonds issued in IQD
[campdav] tlm724 He is saying Sovereign Bonds on 1 hand and treasury notes on the other
[campdav] Thats a Shredd question
[lightingcslt] tlm724 my guess would be it would have to be in dinars
[tlm724] campdav yes I noticed that I am thinking these are T-bills
[tlm724] lightingcslt hmm
[campdav] tlm724 That was my 1st thought until I saw Sovereign Bonds
[lightingcslt] tlm724 look at our t bills they are in dolllars
[campdav] When I saw Sovereign Bonds I perked up
[lightingcslt] like brits is in pounds
[tlm724] yes BUT they can issue the bonds with a more stable currency such as the USD
[lightingcslt] so my guess would be it would have to be their country s currency
[tlm724] its up to the country to choose
[campdav] lightingcslt tlm724 The question is are they selling them on the Int market place?
[lightingcslt] campdav we need stock broker here right now
[tlm724] I emailed Shredd, will let you know when I get a response
[tlm724] campdav lightingcslt these are treasury notes which are issued with maturities of one, three, five, seven, and 10 years, while Treasury bonds (also called “long bonds”) offer maturities of 20 and 30 years.
[campdav] why are they calling them Sovereign? Weird, Probably a translation
[tlm724] yes strange but we know they are NOT short term treasury bills
[campdav] tlm724 Heres the trillion dollar question
[tlm724] lay it on me baby
[campdav] why sell them in the 1st place if your planning the repricing of your currency OR ARE YOU?
[tlm724] campdav because it will make them more money
[tlm724] the interest rate is usually low on these gov backed bonds
[campdav] tlm724 Well true but no where near what the RV would IMO
[tlm724] well regardless of a currencies value it is still business as usual for any government and Saleh is saying these are to be 5 years or more
[campdav] tlm724 I see the WB involved somehow
[campdav] tlm724 True
[tlm724] yes World Bank *hallelujah*
[campdav] tlm724 Interesting situation
[tlm724] yeppers sure is, a positive sign no matter how you slice it campy !
[lightingcslt] tlm724 but sold only in Iraq ?
[tlm724] for now is what Saleh said, then global
Activating the economic decisions to move the wheel of development
[tlm724] in addition to seriously implement and flexible laws broken or lagging the most prominent of the laws of customs tariffs, and consumer protection, antitrust, and protection products Alaracah.kma confirmed the importance of the legislation of laws that have been the victim of harassment policy, the most important law of infrastructure and approve budgets before the end of the year preceding the budget year
[tlm724] as well as the launch of exports of products Iraqi unconditionally except what his relationship to food security and to facilitate the procedures so that they can direct any process of export within 5 days and give them all exceptions and exemptions to meet the quality requirements and specifications in addition to the formation of Export Promotion Center and the use of embassies and Iraqi commercial attaché.
[tlm724] getting everything lined up for trade export and the WTO
Kurdish calls to approve oil and gas law
[tlm724] " calling the new session in the House of Representatives to draft a law that includes the right of the Kurds in the management of oil policy.
He continued: "The new government that is taking serious steps to resolve the outstanding problems between the province and the center, to form a government of national participation can solve the problems between the government and the province Alathhadah.
[tlm724] the call goes out !
House gives confidence to the Minister of Water Resources and completed sworn in for a number of MPs and ministers
[tlm724] and not given to the candidates of the ministries of interior, defense and tourism in led House of Representatives bench and ministers absent from the session giving confidence sworn.
its commitment to the time he made to provide security minister within the cabinet reshuffle within a week.
[tlm724] In a related context sworn ladies and gentlemen deputies bench for the MPs who have held ministerial positions or the Vice-President of the Republic who are all from Hassan Sinead, instead of Nuri al-Maliki
Mr. Haider Abadi, head of the Council of Ministers to postpone the names of the security minister in the session giving confidence was at the request of the blocs