Post From Dinar Updates 3-15-16
Chat Room Excerpts & Highlights
Dinar Updates Tuesday PM Chat 3-15-16 Part 2 of 3
rcookie says():ABADI SATEMENT TODAY....the importance of selecting a team is able to move toward reforms and make significant changes in the economic and administrative structure of the country and repair of accumulated errors in the state over the past fifty years."
"Iraq has the strength factors more than doubled our credit and real factors is the potential and existing capacities of the people."
Holly1 says():Electricity complement its agreement with GE for the maintenance of 13 stations add 700 MW next summer Author: ASJ Editor: BK 15.3.2016 21:46
Holly1 says():The Ministry of Electricity on Tuesday, hammered financial agreement with the US General Electric Company, the maintenance contract for 13 generating plant to add 700 megawatts national electrical system the middle of next summer, indicating that it will pay the value of the contract amounting to $ 328 million over three years, beginning after the completion of maintenance work, standing with a grace period of one year.
The ministry said in a statement, received (range Press) copy of it, it "has concluded today, the financial agreement with the US General Electric Company, in the presence of Minister of Electricity, Qassim al-Fahdawi, after a month and a half of hammered technical agreement with the company in (the 28th of January 2016 ) ", noting that" maintenance agreements within 13 obstetric station contract will be implemented by the US company to add 700 megawatts of power to the national electricity system the middle of next summer. "
Holly1 says():She said the Ministry of Electricity, that "the conclusion of the financial agreement came after obtaining the approval of the Ministry of Finance and the Iraqi Trade Bank, to pay the contract value amounting to 328 million dollars, which the ministry Stsddh during the three-year formula begins after the completion of maintenance work," indicating that "the fiscal pact includes a grace period of the payment for the first year, that begins after the payment for two years on the eight batches, with four batches per year. "
Holly1 says():The Ministry of Electricity announced in (the 25th of January 2016), its agreement with GE worth about $ 328 million to increase electricity production by a thousand megawatts, indicating that it contained material processing maintenance of the generating units of gas stations Khairat, Karbala and Najibiyah Shatt al-Basra, south of Baghdad,
the first Jerusalem and Alhaidariya, Najaf and Diwaniyah, as well as processing and installation engines units (LM6000) for Musayyib stations and invading Jerusalem, processing, installation and unit fuel reprocessing plant Diwaniyah gas, and the rehabilitation and installation of plant Bazargan gas engine.
Holly1 says():The shortage of electricity has long fueled the street against the government and politicians for failing to find a radical solution to it, and was among the reasons for the mass movement that began in Basra in (the 31st of July 2015 the past), and yet, to demand better services and the fight against corruption and reform of the political process.
Holly1 says():Abadi calls for the selection of a team that can walk around the core amendments
Author: Editor: AZ 15/03/2016 19:29 ‘demanded Prime Minister Haider al - Abadi, on Tuesday, the Assembly of Experts in charge of the development of the reform programs, to "choose a team that can walk" toward reform and adjustment is essential in the country, while noting that Iraq "possesses strengths than weaknesses," said the conduct of the government towards the "proper construction."
he said the Information Office of the Prime Minister Haider al - Abadi in a statement received (range Press), a copy of it, that "the Prime Minister Haider al - Abadi held a meeting with the Committee of experts tasked with developing a comprehensive reform programs and consider the selection of candidates for senior positions in state institutions. "
Holly1 says():The statement added: "The committee, which includes university professors, experts and specialists from various disciplines, discussed ways for the selection of qualified technocrats to improve the work of state institutions and the advancement of all sectors in the light of the country's ongoing, economic, financial and other security challenges."
The Chairman of the Council of Ministers to "the importance of selecting a team is able to move toward reforms and make significant changes in the economic and administrative structure of the country and repair of accumulated errors in the state over the past fifty years."
Holly1 says():Among Abadi, that "Iraq has the strength factors more than doubled real and our credit factors is the potential and existing capacities of the people," adding that "there are those who try to bring down everything and we want to walk in the country on the right path and proper construction."
Holly1 says():Bangladesh's central bank governor resigns after bank robbery
03/15/2016 from his post after the bank robbery
Dhaka / Reuters: Governor of the Central Bank of Bangladesh , some give - Rahman said on Tuesday that he resigned from his post after stealing $ 81 million from the bank account at the Federal Reserve Bank in New York and one of the largest electronic - piracy operations in history.
He said some give - Rahman, told Reuters that Prime Minister Sheikh Hasina accepted the resignation of Mansbh.kan unidentified hackers penetrated the Central Bank of Bangladesh 's own computer systems and turned the $ 81 million from his account at the Federal reserve Bank in New York to gambling clubs in the Philippines in the period from the fourth to the fifth of February.
Holly1 says():Zebari: a plan to freeze oil production is acceptable for Iraq
BAGHDAD / Reuters: Finance Minister Hoshyar Zebari said that Iraq tends to acceptance of a global agreement to freeze oil production in order to raise V.ozkr Zebari told Reuters the prices by telephone from London , which is subject to the treatment, that " the idea of freezing production I think it is acceptable to all parties and even for us . " he added ,
"Everyone is suffering from the decline in oil prices , " .oohjm Zebari to discuss the idea put forward by Russian energy Minister Alexander Novak except for Iran to freeze Alanteg.okan Novak agreement said , speaking from Tehran that the global agreement to freeze oil production could be signed in April , with the exception of Iran he said he is entitled to boost output after years of sanctions.
Holly1 says():Abadi is close to the reform document platform to change the political system
Twilight News / confirmed leader of the Dawa Party , Walid al- Hilli The document put forward by Prime Minister Haider al - Abadi as a platform to change the political system in Iraq , according to the Constitution and the laws.
He ornaments who is close to al - Abadi, said in an interview responded to Twilight News, that the importance of this document lies in cooperation Ministers and political blocs and government departments in adopting and applying.
Holly1 says():first: contracts entered into by the ministry, which is often marred by corruption, is supposed to constitute the Council of ages to play this role away from the interference of Ministers, in addition to the need for accountability Committees and economic bodies of a number of entities that seized control of the contracts, and should be taken away from interfering with the affairs of the ministries and the government.
the second: the nominations, which are focused on mostly party minister and his relatives and acquaintances away from the professional, efficient and put the right person in the right place, and supposed to be composed of the Federal service for exercising the role of appointment in accordance with the required standards, and outside the influence of ministers and others.
Holly1 says():the ornaments that some countries are working against Iraq so as not to settle and develop because they feel that those tracks will affect the balance of power in the region and will enable Iraq to be an important and powerful force in the regional and international arenas.
Holly1 says):Iraq: we are exposed to a smear campaign by the rejection of the company granted a loan
BAGHDAD / Zora: Rafidain Bank revealed exposure to defame and slander by a company campaigns after refusing to grant bank loans in violation of legal regulations.
The general director of Rafidain Bank spokesman Kamal al - Hassani said in a statement to discredit the bank and defamed by some weak souls campaigns came because the bank refused to walk on the bargains
jeffusa says():At least 60 Takfiri ISIS militants have been reportedly killed in the Iraqi army’s airstrikes on the northern Nineveh province.
Iraq’s al-Ghadeer television said on Monday that Iraqi jets bombed ISIS hideouts in the cities of Mosul and Kirkuk.
The Takfiri group’s booby-trapped vehicles, supposed to be used in terror attacks against the Iraqi army, were also destroyed in the military operation in the region.
Reports also said that some 19 kidnapped Izadi women and children were freed earlier in the day. Some 3,500 people, mainly women and children, from the Izadi community are held by Daesh (ISIS / ISIL) militants. The Izadis were kidnapped in the summer of 2014 and the Izadi women were frequently coerced into becoming sex slaves for the militants.
jeffusa says():The Arabic-language al-Forat news also reported that ISIS executed 50 of its militants in a square in the center of Mosul. The executed militants were among those who fled from the cities of Rutbah and Hit in Anbar province on Sunday.
Iraqi forces established full control over the city of Ramadi in February and have launched operations in areas around the provincial city to free more regions from Takfiri militants.
Counter-terrorism forces, army soldiers, police and allied volunteer fighters have been conducting a joint operation since March 1 aimed at retaking militant-held areas near the capital, Baghdad.
The northern and western parts of Iraq have been plagued by violence ever since ISIS Takfiri terrorists began their march through the Iraqi territory in June 2014.
Idahojon says():Is Alak still the governor of the CBI
Holly1 says():Staff: delays in exchange for the theft of our salaries systematically
Staff: delays in exchange for the theft of our salaries systematically
Staff: delays in exchange for the theft of our salaries systematically
Baghdad / follow Zora: Once calculated days delay delivery of the salary for a number of months, you find that there are more than a month has been lost through this equation, and for that complained about the number of employees and retirees of the delay in payment of their salaries during the past few months , an average of 10 days from the date of the previous month,
while Bush 's specialists in the financial and economic affairs that the government is deliberately delaying salaries in order to provide financial liquidity on the grounds these days gathered during the year is estimated at 30 days or more.
Holly1 says():He says Ahmed Abdallah (employee of Education) that the day of receipt of the salary in the previous fixed the day 21 of every month , but in recent salary period began to be delayed and gradual successive months.
He added that the salary began distracted by the government on 23 and then on 24 , then 26 and last month became the 28th, without knowing the reasons.
and see the number of employees that this method systematic theft of the process followed by the government to reduce the financial crisis taking place in Iraq as a result of lower oil prices and the theft of public money.
He said economic expert on behalf of al - Tamimi, said the government was deliberately delaying employees and retirees ' salaries in order to provide cash financial liquidity them because these days the pool and become a month or less during the entire year which means that the full salary or less goes from the employee for the benefit of the state.
Holly1 says():Tamimi said that the civilian pensions until the military for 10 days had been delayed over the past month, indicating that the salaries of retirees rate of 400,000 dinars , which means that approximately more than 130,000 dinars of salary I went to the state.
He called the economic expert, on the government to clarify the financial and economic policy and not getting lost out because it will affect the economic situation in general in the country.
The parliamentary Finance Committee has ruled out deliberate government delays in staff and salaries of retirees during the past few months, saying that in case of delay salary day or two there little impact on the citizen.
Holly1 says():a member of the committee MP Masood Haider said the government acted employees and retirees pay the timing defined but probably get there in some of the ministries , departments technical malfunction leads to a delay in receipt of salaries.
he stressed member of the parliamentary finance committee on the need for salary payments by card the "Key Card" , similar to retirees receiving their salaries to ensure the timing of the specified banks or open a checking account for them in banks , similar to some countries in the region. (source agency dinars News).
Idahojon says():Jeff USA was the thumbs up a yes about Alak still in place at the CBI
Holly1 says():Ahmed Rasheed The central bank will start tomorrow 03/16/2016 Treasury bond offering support and by a meager 6% interest , and I expect and knowing God that the next couple of percentage will be 0% note that the interest rate of deposits in the Al Rasheed Bank ... 6.5% higher than Treasury bonds to support !! !
We note the decline in the value of the dinar against theDollar day after day ... therefore will head the central bank to increase the amount sold the dollar in daily auction ... internal criticism in particular ... to be able to promote Treasury bonds these days ..oala support. ..saottagh To resell Al enforced by state employees and contractors of the salary and can even in a savings account at the clouds .... and all this possibilities !!
wmawhite says():Folks,.......I was reading some notes from a conference call last night and I want you to see for yourself exactly what Iraq's status is when it comes to the U. S. Treasury Department, the is from the Office of Foreign Asset Control (OFAC);
There currently are no broad-based sanctions in place against Iraq, but there are certain prohibitions and asset freezes against specific individuals and entities associated with the former Saddam Hussein regime..................Also; Unless a transaction involves a party blocked under OFAC’s authorities, no OFAC authorization is needed for exports to Iraq.
wmawhite says():Also; Unless a transaction involves a party blocked under OFAC’s authorities, financial transactions with Iraq are allowed, including the opening of correspondent accounts for Iraqi financial institutions.
wmawhite says):Also; Unless a transaction involves a party blocked under OFAC’s
authorities, financial transactions with Iraq are allowed, including the opening of correspondent accounts for Iraqi financial institutions.
wmawhite says():Sadly,..........there are some people (guru) that present themselfs as "all knowing"....and I am not!!!.........but in realty, these all knowing don't know that they don't know................
larrykn says to wmawhite():isn't that the truth lol
jeffusa says():making another Indiana Jones movie.... sure hope we rv before it comes out in July of 2019
wmawhite says():So, who is OFAC........OFAC tells U. S. banks who they can not do business with...........so, OFAC says, unless you (bank) are doing business with certain "blocked" (bad people) you (bank) can do business with the country of Iraq.
wmawhite says():Now, it up to the banks in the U.S. to decide in which capacity they want to engage in business with Iraq..........IMO, this is where we are.
Baxter1243 says():without the banking investment laws... probably not much..
Iran has agreed to join an output freeze after it reaches 4 million barrels per day in production, which essentially means that it will not entertain any freezing of its output until it gets its production back up to its highest level since 2008.
_firefly_ says to wmawhite():Shoot, I give up !!!
plowboy says():sounds like Iran is the spoiler
plowboy says():but I think when MD was talking about this, she said the price of oil is not what is holding this up - so I'm not sure I understand the relevance of the freeze/oil price rise, etc.
angus says to _firefly_():Please don't give up all of the info that you and Mr. White and rccookie are sharing with us sound vantastic. I am just trying to keep from having a stroke. Just sayin.
angus says to _firefly_():sounds like any time to me.....
angus says to _firefly_():the process is on the fast track....
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