aggiedad77 » April 25th, 2014,
Friday News Summaries
Maliki: We have secured alliances with Sunni and Kurdish lists we can form a majority government
Maliki reported that Iraqis do not want terrorism or the military in their business, what they seek is a strong and united Iraq....when asked about the outcome of next week's elections....he stated that he believes that the State Law coalition would receive the hard numbers from the voters and that they had alliances formed now with the Kurds and the Sunnis and would gain a majority to seat the new government....providing both a unified and strong Iraq with a national identity.
Sabri Iraqi banking conference opens - Lebanese asserts: We have seven branches of Lebanese banks and requests to open more
The CBI Governor Turki opened the banking conference between Iraq and Lebanon banking interests....Iraq realizes the strength from the Lebanese banks and that they can offer help to some of the weaker Iraqi banking entities....the leader of the Lebanon Central Bank stated that the Lebanese banks operating in Iraq are always looking for ways to invest in Iraq often by seeking new areas in which to open branches.
Electoral Commission concluded an agreement with the Arab League on Arab observers
The Electoral Commission concluded meetings with the Arab League representatives who are in Iraq to act as observers for the upcoming election....they will be divided into 9 teams, there are a total of 26 representatives that will cover 6 provinces....that seems like a great deal of territory for so few people to effectively cover.
Lack of cash in Iraqi Kurdistan, but election campaign coffers unaffected
The Kurds are still upset at being throttled by Baghdad when it comes to money and salaries....still nothing for March and April....money continues to be tight....unless you happen to be a politician vying for a political position....then the money seems to flow rather well....the major Kurd parties are receiving $4 million dollars a month as monthly income and the other parties get somewhat less....my take on that is it is an amount for the entire party....not per elected official....the question remains to me.....where is the money coming from????
Requiring official circles to accept the instruments of private banks deliver a widely welcomed
The Association of private banks in Iraq is seeing changes take place that are originating in the Economic Commission of Parliament where private and foreign companies are being encouraged to use private banks to deal with various government agencies and ministries.....by doing this they are hoping to see the private banking sector becoming stronger throughout Iraq....and it will help to garner trust within the government ministries and agencies as well.....it becomes a two way street for all involved and they are hopeful of good to come of these requirements.
Oil exports from southern Iraq are heading to recording a record high in April
The southern part of Iraq....primarily Basra is on track to set export records that date back to 1979....working at a rate of 2.5 million barrels of oil per day for the first 23 days of April. Iraq claims that Kirkuk oil has been curtailed due to sabotage issues with the NOC pipeline into Turkey....what they don't tell you is that the Kurds have been free flowing oil to Turkey through their own pipeline....the oil is being stored at Ceyhan and is not being sold at this point..but their storage tanks are approaching capacity....2.5 million barrels....and will need to be sold soon.
Iraqi ambassador predicts prolonged delay in forming new government
I don't know what this guy knows....but I hope he is very wrong.....the ambassador to the US from Iraq is predicting that a majority is not likely to be produced and may lead to prolonged delaying in seating a government.....only time will tell how this plays out through the results of the election next week on the 30th.
Iraqi rappers take on government corruption
This is one of those headlines that you would never expect to see coming from Iraq.....but a young rapper who also does news photographer for several Iraqi TV channels, owns his own studio and has been producing some rap music with a certain message to it....that belies problems with the Iraqi government and politics.....their message for the most part....."it is time for the government to respect the Iraqi people....change must happen soon." I must admit the message is valid...IMO...they do need to pay greater attention to the people they represent....Rap is a relatively new thing in Iraq...and it is slow in getting started, largely due to lack of funding.
Expect an improvement in the financial resources of the non-oil
The Ministry of Planning is calling for a 32% increase in the revenues of non-oil related sectors within Iraq. This still is a far cry from the 95% coming from the oil sector....but this increase from non-oil related markets is a healthy sign for Iraq....they know they must better balance revenues and they continue to work in that direction....others outside the Ministry of Planning are saying their numbers are skewed and inaccurate...that the outlook is more gloomy for these other sectors....and I agree anyone can take any numbers and twist them to look good....watching the bottom line for Iraq over the next few years will be the telling sign of realism.
Security controls campaigning in Nineveh
The province of Nineveh is struggling with security issues and working to put priorities on proper campaigning and getting the right messages out to wary citizens who have been threatened over time and attempt to stay safe by staying off the streets....the goal of the province is to have a safe election process that will see the citizens voting for those who they know can keep promises once they are in office.
Spot oil pollution of the environment and moving to the south
An issue with a pipeline north of Tikrit is causing havoc with the water users on the Tigris River below that point....Baghdad water purification stations have been shut down in precaution of the oil slick reaching them....causing a run on water supplies and causing prices to rise as a result.....this comes even though the Iraqi Oil Ministry has announced the slick has been controlled by technical experts from the Ministry....better safe than sorry in this situation I say.....no one seems to indicate how long this crisis may last.
Byblos Bank in Iraq
The Byblos Bank of Lebanon became the first Lebanese bank to open in Erbil in 2007, then an office in Baghdad in 2010, and finally an office in Basra in 2012....their offices all report back to a common headquarters in Beirut...they offer state of the art world wide and world class operations.....one of the things they offer is their "World Elite" MasterCard.
Hexagon Ragasco Wins Iraq Order
Hexagon Ragasco a Norweigan company has been awarded a contract to supply LPG cylinders to Iraq...the contract is for $13.6 million dollars and is expected to be completed late in 2014.....makes me wonder if we will see a spike in the sales of bar-b-que pits in Iraq soon....LOL
Giant screens and high-rise buildings .. new methods of campaigning
Politicians have taken to the giant jumbotron screens and the sides of high-rise buildings to get their campaign ads out before the public....many have leased the sides of buildings at busy intersections.....some owners admit they are not always in favor of the candidate who is advertising...but they are in favor of the money being paid for the space....bottom line it is all about money....nothing changes, just the place and time.
The military firmly in control of the southern outskirts of Ramadi and Fallujah
The military continues it's presence in and around Ramadi and Fallujah, wiping up strong holds of DAASH terrorists and capturing caches of supplies....makes one wonder how safe the voting will be next week in this conflict torn area of Iraq.
News Summaries Randy