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Chat Room Excerpts & Highlights
Dinar Updates Tuesday PM Chat 9-20-16 Part 2 of 3
rcookie says():Jaafari calls for the activation of memoranda of understanding between Iraq and India
Tuesday 20-09-2016 | 5:02:06
Twilight News / met with Iraqi Foreign Minister Ibrahim al-Jaafari on the sidelines of United Nations General Assembly in New York, Indian Minister of State for Foreign Affairs MG largest, according to a statement issued by the Information Bureau of the first.
According to the statement issued by al-Jaafari's office during the meeting, review the progress of bilateral relations between Baghdad and New Delhi, and ways to enhance mutual cooperation between the two countries.
The statement quoted al-Jaafari as saying that Daesh terrorist gangs represent a common threat facing all countries in the world, pointing to the importance of concerted efforts to fight and eliminate the sources of extremism which represents the origin, which is fed by the terrorist ideology,
noting: that the sacrifices offered by the Iraqis that require real pause before the international community to his side, and the provision of humanitarian aid, and called for the early convening of the Iraqi-Indian joint Committee; to activate many of the memoranda of understanding and agreements that will strengthen cooperation between the two countries.
For his part, Indian Minister of State for Foreign Affairs MG largest his country's keenness to support, and support for Iraq in its war against Daesh gangs terrorist, stressing the need to open new horizons for cooperation between the two countries through the exchange of visits by officials of both countries, and the holding of the Joint Commission.
rcookie says():Planning presented to the British companies to contribute to the four thousand investment project
Tuesday 20-09-2016 | 12:00:54 Twilight News / Ministry of Planning offered on Tuesday on British companies to contribute to the four thousand investment project underway in Iraq.
This came during a meeting between Minister of Planning and Salman al-Jumaili in his office at the ministry with the envoy of the British Prime Minister for Trade, Baroness Emma Nicholson, executive director of the Iraqi Council of businessman British and her entourage, which included a group of business leaders and heads of companies non-governmental organizations in various fields.
According to a statement of the ministry responded to the Twilight News, the meeting discussed a number of issues and files related to the development of mutual cooperation between the two countries especially in the areas of investment and access for British companies to work in Iraq.
The Minister of Planning during the meeting, said that "the current crisis faced by the country prompted the Ministry of Planning and in collaboration with the Secretariat of the Council of Ministers about to go to a partnership with local and foreign private sector, especially in the field of completion of investment projects that have stopped because of the crisis and the process requires real partners to move forward in accomplished because of their importance as they represent an important output of the economy and built the productivity in the future. "
He said the "ministry in this context is working to develop mechanisms and frameworks governing the partnership with the private sector are trying through which to find a suitable environment for real investment," he said.
"There are more than four thousand continuous investment project can be part of a future partnership with the local private sector projects or foreign having the correct mechanisms in this area mode. "
He Jumaili "Partnering with a very important private sector and create a network of interests relations which are reflected on the political relations," stressing "the support and the adoption of the government to this trend aware of the role of the private sector and encourage him to bring in international partners It is certain that the British partners will have a key role in the reconstruction process, the depth of bilateral relations between the two countries. "
He pointed out that "the Ministry of Planning on the government's investment profile and has a follow-up of all the projects included in the investment program and through the CSO we get indications that the Asasaha is directed development plans in the country."
He called Jumaili British companies to "see the priorities of development in Iraq to be able to choose the right investment opportunities," stressing that "the Iraqi government to go in the implementation of investment projects to international partners from private companies sober and not state-owned companies."
And through the Minister of Planning for "satisfaction with the visit fruitful outcomes of this with a number of large companies and British business men who are ready to engage as partners in the implementation of investment projects in Iraq."
He added, "The coming days will witness the start of negotiations with the British government on the granting Iraq a loan of 10 billion pounds," returned "This loan is a gateway for British companies to invest in Iraq."
For its part, praised Baroness Emma Nicholson "strength of Iraqi-British relations in all fields, especially in the economic
rcookie says():4000 INVESTMENT PROJECTS....
rcookie says():Babylon expanding investment projects23 Show Last update: Tuesday, September 20, 2016 - 9:44Babylon expanding investment projects
Hilla / morning Investment Authority of Babylon works to expand the geographic reach of its investments to include pan private preserve that granted under grants and investment projects, most of which are in districts and areas of the province.
This comes in order to diversify investments in various industrial, agricultural and tourism sectors. Director Nasr Hammoud Fernand body in an interview for "morning," he noted, several investment licenses granted in the rump and protoplasm and father drowned and the Hashemite denominator and Midhtah will be opening a number of investment projects,
including the Mall in Hillah station cows being paces rising in a number of projects that serve Mahafezh.aly it opened the Investment Authority of Babylon project city Games denominator investment in the district of al-Qasim at a cost of 4,500 million dollars, said the project manager Asaad Radi:
the duration of the project took two years and that the project includes 25 shops and two halls for events, weddings and 12 basic game offers entertainment services to the citizen and to enter the city runs smoothly
The services are available to the citizen and that the origin of the Games with Aatali.ivkr that the Commission has adopted a plan to communicate with specialized international companies in order to establish the quality of projects fit and lifetime of financial allocations.
rcookie says():IMF: Corruption weakens the financial capacity14 Show Last update: Tuesday, September 20, 2016 - 9:29IMF: Corruption weakens the financial capacity
Washington -hankhua called on the head of the International Monetary Fund, Christine Lagarde, for efforts to fight corruption in order to restore confidence in the institutions and the payment of globalization Kdma.oukalt Lagarde at the International Bar Association conference: «backlash backlash (anti-globalization), following in the wake of the financial crisis , has evolved into a deeper problem is the growing chasm toward trust in institutions ».
He is referring to the result of a recent poll conducted by the company «Edelman» Consulting in 2016, where he says: The trust between the wider public range toward the government and the financial services sector institutions are currently at their lowest since 2008, while the trust between the elites in all institutions are in the highest level ever.
She said Lagarde: The «president who caused a growing distrust factor is corruption and immoral behavior, whether actual or imagined, in the public and private sectors alike». According to a study by the International Monetary Fund, the annual cost of the bribe alone estimated at between 1.5 and 2 trillion US dollars, accounting for about 2 percent of global GDP.
Lagarde: that corruption in the public sector weakens the financial capacity, and impedes investment, and perpetuates inefficiency, and entrench poverty and inequality. Lagarde called on States to strengthen the rule of law and to increase financial transparency, anti-money laundering in order to curb corruption in the public sector.
It also called for efforts to improve the regulation and supervision and to promote ethics education in order to combat corruption in the private sector.
She added that «promote integrity in the public and private sector governance is critical in bridging the trust that we see in society today is a gap, and only then we can enjoy enough confidence towards the institutions themselves that are necessary for sustainable and inclusive growth
rcookie says():THE ANNUAL COST MOF BRIBES ACCORDING TO IMF STUDY..$1.5-$2 TRILLION USD...OR 2% OF GLOBAL GDP.....STAGGERING.....
rcookie says():The weakness of the infrastructure investment lowers rates20 Show Last update: Tuesday, September 20, 2016 - 9:16The weakness of the infrastructure investment lowers rates
BAGHDAD / Imad emirate proved AFESD Iraqi economy experience the domestic savings to accommodate the investments needed to achieve the target in the real production sector growth rates, may not be production enough to achieve this goal, especially when it collides development effort to allocate resources in the budget to finance current consumption, lack of investment, which hampers increasing the ability of the economy to provide the elements of self-growth. In this regard, the economic academic d said.
Awad Fadhil Ismail: It may be difficult to say that whenever Turn savings rate of increase indicates that the increase allocated to the accumulation of physical capital resources and thus increasing the ability of the economy to bring about a change in the construction of national production, confirming that the decline in production capacities reflecting reduced the effectiveness of domestic investment,
adding Ismail interview »morning», said the low rates of investment in the productive sectors in Iraq always come because of the weakness of the infrastructure such as transport and communications, telecommunications, the lack of technical staffs skilled and lack of know-how in the field of organization, management and misuse of scarce resources
Almtahh.wachar that the expected result of lower investment efficiency is high evident in production costs hurt toward paying local prices to rise and increased inflationary pressures and weak export capacity due to lower competitive position of local products in the international markets.
He said Ismail that the economic present system is accounted for by a bundle of contradictions between theory and practice, and gaining these contradictions president dimension to the tasks required for the development of the supply side and diversification,
pointing out that the current consumption depletes most of the fruits of the oil boom, which provides funding for the development process as signs palaces severe between different production activities.
He argued: that the decline in the efficiency of investment rates are leading to the dwindling power of relics diffusivity of investment spending in the overall development of production, as well as the development of the Iraqi economy, which is witnessing an imbalance and a clear pattern, you will not receive the attention enough to tame the local potentials as quickly as possible to accelerate growth,
indicating the importance of exploiting the opportunity cost borne by the national economy and employ them in optimizing the use and display of early availability of financial Aloverat.
Ismail and concluded by saying that to get out of trouble to bow to dysfunctional development of production and a subsidiary of the oil sector is not to wrestle revenue about figures but will remain dependent to a large extent the viability supported by economic policy makers of the will to solve these contradictions, stressing that the resources available to the country of abundance, but misuse has led to greatly complicate the economic landscape in general.
dinarstudent says():I just we are so lucky to have rcookie . He really is the best .. I really feel like Iraq is moving forward at fast speed .. They done more these past 9 months then then did in the last 5 years ..
Each day with the news and the info that rcookie , bgg , mr white and the rest bring to us I would be very not be surprise that they make some kind change in value before Jan 2017 . I know many are saying Oct 1 ,2016 , but imo Iraq still is working double time to get this done and may need more time ..
How could one not think change in value is on the front burner with all this great stuff rcookie bring to us each along with the rest of our great group . So be glad you are here and not some other site were they BS all the time . Again thank you Dinarupdates for being the best .
jeffusa says():Mosul Mosul Mosul....... no RV until Mosul is under control..... IMO
Baxter says():Jeff...Most Likely...
Okie Dinar says to jeffusa():(y)
Baxter says():should be done by end of the year
Okie Dinar says to Baxter():Hopefully before :)
Baxter says():well. ... lets hope.. but if they arent even going to start till sometime next month... I guess we will see..
jeffusa says to Baxter():I believe it has started... only Obama wants to tell them the time and date of the pending attack
jeffusa says to Baxter():too many ISIS leaders getting whacked not to have special forces within the city limits..
Baxter says():that could very well be....
Baxter says():probably Mosul is destroyed anyways.... like Fallujah... not much left...
jeffusa says to Baxter():agree.... what we don't blow up ISIS already has
rcookie says():Parliament rapporteur: tomorrow 's meeting include the withdrawal of confidence from Zebari
Tuesday 20 September 2016 18:59
rcookie says():Charles de Gaulle to the Mediterranean to participate in the liberation of Mosul
Posted: 20.09.2016 | 16:00 GMT | Arab World News
French aircraft carrier Charles de Gaulle
Reuters Philippe Wojazer French aircraft carrier Charles de Gaulle
Command announced the pillars of the French army Tuesday, September 20 / September that the French aircraft carrier Charles de Gaulle sailed toward the Middle East to participate in the restoration of the Iraqi city of Mosul of al Daesh campaign.
A spokesman for the General Staff Col. Patrick Steiger said that the ship "sailed from Toulon, southern France, on Monday evening, and continue their training before heading to the eastern Mediterranean," without providing further details.
The Steiger predicted earlier this month that "provides aircraft support for Iraqi forces carriers to restore the city of Mosul."
And it will contribute to "Charles de Gaulle" carrying 24 fighter aircraft "Rafale Marine" increase in air capacity allocated by France to combat militants by 3 fold, in addition to the 12 "Rafale" aircraft stationed in Jordan and the UAE.
Like the fall of 2015 the ship will be stationed in the eastern Mediterranean to be closer to Syria and Iraq.
France was sent a defender "Cesar" to the Iraqi army in preparation for an attack, an artillery batteries mounted on trucks and a range of up to 40 km.
This is the third time since January 2015, that "Charles de Gaulle" participate in the war against Daesh, and the task will be the last of the French aircraft carrier unique by a major maintenance operation for 18 months in early 2017. Source: AFP