DINAR UPDATES 4-6-16
Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Wednesday AM Chat 4-6-16 Part 1 of 2
flint says():Chinese Ambassador to Jaafari: We will raise our aid by 160 million yuan to Iraq
Alsumaria News / Baghdad Received Foreign Minister Ibrahim al-Jaafari, on Wednesday, a copy of the adoption of the new Chinese ambassador to Baghdad leaves Chen Wei Qing,
stressing the importance of coordination to increase the volume of trade with Beijing, while pointing Ambassador to the Chinese government seeks to raise the level of assistance this year by 160 million yuan to Iraq which is the third most Arab partner with China.
flint says():Said Jaafari's office said in a statement Alsumaria News received a copy of it, "Foreign Minister Ibrahim al-Jaafari received today a copy of credentials of the new Chinese ambassador to Baghdad leaves Chen Weiqing," explaining that "The meeting reviewed the progress of bilateral relations between Baghdad and Beijing, and ways of strengthening them in the interest of the two friendly peoples. "
He Jaafari, according to the statement, "the Foreign Ministry is ready to provide all support for the success of the diplomatic mission in Baghdad mission," stressing "the importance of cooperation and coordination to increase the volume of trade exchange with the availability of opportunities, many investment prospects in Iraq."
ol lar says():Wow so maybe Vietnam is getting ready to introduce Lower denoms http://www.banknotenews.com/
Geofitness says):DETAILS NOTES
Number of banks 30
Number of remittance companies 19
Auction price selling dinar / US$ 1182
Amount sold at auction price (US$) 83,766,051
ol lar says():maybe not, I didn't see that these are commemorative
flint says():He pointed out that "Iraq is looking forward to establish better relations with China, and to benefit from their expertise in many areas," praising "China's attitude towards Iraq through humanitarian support, and support in international forums and conferences."
For his part, Ambassador of China, Mr. Chen Wei Qing, "his country's keenness to establish a strategic economic relations with Iraq," noting that "the volume of trade over the past year has reached more than 20 billion dollars."
The ambassador, that "Iraq is the third most partner in the Arab world with China, stressing the continuation of Beijing supported Baghdad in many areas, especially humanitarian, and service, including the electricity sector, and telecommunications," noting that "humanitarian support volume during last year reached 100 million CNY".
flint says():Alsumaria News / Baghdad Oil Minister outgoing Adel Abdul Mahdi, on Tuesday, said preliminary figures for oil exports for the month of March last, "has achieved record levels and higher as stated in the 2016 budget,"
while stressed the need to investigate the press reports published by US institutions and Australia on the existence of corruption in oil contracts, calling on the competent authorities to cooperate and not to allow coverage and cover up the people, information, and issuing arbitrary orders and accusations without evidence or proof.
Mahdi said in a statement be now Alsumaria News, a copy of it, that the Oil Ministry announced preliminary figures for exports of March last, which has achieved record levels of the fields and South ports alone, "noting that" exports for the month mentioned amounted to 101,865,415 barrels, or with a daily average of $ 3,258,981 barrels. "
He said Abdul-Mahdi, that these figures "are higher than promised by the ministry to achieve in the 2016 budget and the estimated B3.050 m / b / d, a difference of 208 981 thousand / barrels / day," explaining that "the increase in exports when calculated at the rate of prices of March of $ 28 a barrel, more than $ 180 million will bring extra per month. "
He said Abdul-Mahdi to "Iraq exported a second shipment of gas condensate, which will continue to export a growing quantities, and expected the liquid gas surplus to export his need, when stabilized production, which Sinoa and increase resources," pointing at the same time to "the escalation of dry gas production, which provides more of fuel for nuclear power plants, and reduces dependence on other sources from which we import a significant part of them. "
flint says():He said Abdul-Mahdi, that the ministry "is preparing in cooperation with the Ministry of Electricity to provide sufficient inventories of Alkazoael to face summer power crisis," explaining that "there is an effort for the Implementation of the agreement with our sister Egypt last month to swap Iraqi crude oil derivatives, which is in the interests of the two countries and opens up the task of cooperation between them. "
He pointed out that Abdul-Mahdi, "the ministry signed an agreement for the rehabilitation of pavements 2,3,4 from the port of Khor Al-Zubair, and agreed completed during the year, which will open the largest export prospects relative Bklv less."
Abdul-Mahdi said that "the Oil Ministry responded positively to the invitation received by Iraq to attend the Doha scheduled for 17 next April to discuss control of the production rates of the meeting, which could help stabilize these prices, and reached reasonable rates where the interests of sellers and buyers."
flint says):Kurds send delegation to discuss quota in Baghdad: PUK
Sulaimani: A Patriotic Union of Kurdistan (PUK) politburo member said on Tuesday Kurdish parties will form a committee to discuss the Kurdish quota in the new Iraqi government in Baghdad. The PUK and the Kurdistan Islamic Union (KIU) held a news conference following a meeting held in Erbil.
PUK politburo member Saadi Ahmad Pira said there was a consensus between the two parties over the Kurdish quota in the new cabinet in Baghdad to demand a higher quota for Kurds. Pira said the Iraqi government must give Kurds rights, adding that future meetings will be held and there are plans to visit the Change Movement (Gorran).
KIU politburo member Khalil Ibrahim said they welcomed the reforms in the Iraqi government but they should not result in a violation of the rights of Kurds. Kurdish representatives in Baghdad announced in March they will not accept a reduction of the Kurdish quota in the formation of Iraq’s new cabinet, saying their rights should not be violated in the name of reform. nrttv.com
VelmaF41 says():I am very inexperienced and do not have as much time to devote to research of the To MDD.larrykncopy: I am very inexperienced at this and do to have as much time to devote to research of the Dinar, Iraq and RV as I would like.
I want to say a HUGE THANK YOU to all the mods, chat copiers and anyone else who helps bring us the news and updates on this. They are devoting their time and talent to keep us informed. THANKS TO ALL OF YOU - WHO DO FOR US WHAT I CANNOT DO. (L)8-|(v)(F)(y)
VelmaF41 says():I meant to start off my post above by first addressing it to MOD.larrykncopy. I made some typos. Still learing ro navigate the site.
tman23 says():The planning Ministry said that "the Iraqi capita annual rate of 6,000 dollars.
Wekalalmthadth Ministry Abdul Zahra Hindawi "annual per capita income of the Iraqi capita currently 6,000 dollars, the equivalent of some 7 million Iraqi dinar, this average is the result of dividing the level of imports on the population with other considerations."
And that "the average amount is between the lower and upper incomes.
Hindawi pointed out to world-class status in Iraq ranked 85 among 185 States in per capita GDP and equivalent purchasing power per capita, he said that "this classification depends on the rate of monthly and annual income per capita in the State on the basis of which is the comparison between the States and the country location within the classification".
He stressed that "the classification of Iraq rank 85 of 185 countries in the world consider it high on the circumstances in the country from political and economic realities and security."
And between Hindawi, that "in recent years the Iraqi capita saw clear improvement and that's what make this Centre occupies Iraq," adding that "the international classification asymptotic to our being depends on data from before the official Iraqi authorities so close to reality."
International capital magazine placed Iraq in order 85 among 185 States in per capita fiscal year 2015, gross domestic product of up to 13817 per person.
The magazine adopted according to figures of the World Bank and IMF.
clay says to tman23():GM anything on the lowering of the store pricing yet
tman23 says():What is interesting about 6,ooo dollars capita..........Saudi Arabia a few years ago had a report on this mocking the $3 plus rate in Iraq.......Why the Saudi's cared was always amusing.......
but..... They said the per capita would need to be 15,800 and the budget would need to be 450 billion per year to have a rate of $3 something......which was impossible because Iraq oil only revenue could never make that kind of budget.....comparing what Saudi's pumped in oil and revenue Iraq wasn't even close.....
tman23 says to clay():The construction material was lowered in pricing just as they said on March 27th........The prices in stores have changed on bathroom fixtures and shown on some appliances.....
They have Chinese appliances and some Russian.......but everyone wants American made products...The loans have not been released......Now the small business applicants must complete a 5 day seminar....
The mortgage loans are being rumored to have seminar requirements also BUT......there is said to be requirement that the loan on home must be located in the province you are from......an attempt to get displaced people back to their cities and villages.......
BUT......construction has not begun in most areas and the only new housing available is for Shia occupied areas....... But even private mortagage loans in these areas have not been released......
tman23 says():Federal Supreme Court, issued Wednesday, a decision regarding the permissibility of a vote on dismissal of Minister and replaced by another one inside the House, and because of impeachment.
He said judge Abdul Sattar bayrakdar, spokesperson for the judiciary in press release followed (treasures media) from the "Federal Supreme Court received an interpretative request about that House vote on one resolution issued its approval of the dismissal of the Minister in conjunction with the approval of the appointment of a replacement, and the possibility of requiring a statement because of dismissal."
tman23 says():Couple years ago it was the House that voted and placed the CBI governor.......Maliki petitioned the court and Medhat made a ruling that the CBI governor was an executive position and it is therefore the executive branch that should appoint the governor.....
and since the governor was an executive appointment to an independent body it did not require the House vote but only the executive council of ministers vote........Giving the House vote to remove a minister is focused in one direction right now IMO........Take a guess......
puffdragon says to tman23():To remove Alak I would guess Tman !
tman23 says(): Angola will begin loan negotiations with the International Monetary Fund (IMF) this month as lower oil prices hammer the finances of Africa's second-largest crude exporter, the Finance Ministry said on Wednesday.
"The government of Angola is aware that the high dependence of the oil sector represents vulnerability for the public finances and the economy in an extensive way," the Finance Ministry said in a statement. "The government requested the support of the IMF for a supplementary programme.
Finance Minister Armando Manuel told Reuters in March that Angola had no plans to approach the IMF for loans. Angola will work with the IMF to design reforms aimed at improving fiscal discipline, simplifying the tax system and increasing transparency in public finances and the banking sector, as part of loan talks, the ministry statement said. It added that the focus of its economic diversification efforts will be growing the agriculture, fisheries and mining sectors.....
IMF DOING THIS IN MANY MANY EMERGING MARKET ECONOMIES HIT BY LOW OIL PRICES........NONE OF THEN HAVE PLANS FOR LOANS FROM THE IMF BUT THEY ARE ALL PREPARING......AND WITH THE IMF COMES THE PUPPET STRINGS......