Post From Peoples Dinar
Millionday News Time 7-3-16 Part 2 of 2
Millionday HERE WE GO
Farah pumice to coincide with the government 's efforts to fight financial and administrative corruption in the joints of the state within the procedures of the reform, increased calls for the recovery of Iraqi funds looted and smuggled abroad because of its importance in reviving the Iraqi economy , if recovered, at a time when financial expert suggested selling properties of the dictatorial regime and
his men went inside and outside Iraq in auctions to achieve billions of dollars.
according to the parliamentary committees in previous statements, more than $ 50 billion fled before the ousted dictatorial regime dictatorial, noting that the money was part of it by successive governments track after the year 2003.
Millionday NOTE -- THIS IS ABOUT THE SMUGGLED MONEY AND ITS RETURN FILLING THE BUDGET DEFICIT GAP
Millionday HERE WE GO
the Dr. Haidar al - Abadi Prime Minister last month requested the assistance of the United Nations and its specialized organizations to fight corruption to help the government in the recovery of Iraqi funds smuggled abroad.
sees financial expert Thamer al - Azzawi , the recovery of Iraqi funds smuggled abroad would address the budget deficit, in addition to supporting the Iraqi economy.
NOTE -- THE MORE MONEY IN THE POT THE MORE SUCCESSFUL THEY WILL BE -- HOWEVER KNOW IT CAN BE IN ACCOUNTS RECEIVABLE --
he said al - Azzawi «morning» that there are no specific figures for the amount of smuggled dictatorial regime, but the figures announced by successive governments refers to the magnitude and importance at the moment, especially given that Iraq is going through a financial crisis and it needs to any sum of money supporting the development plans.
Millionday NOTE -- THEY DONT KNOW WHAT WAS SMUGGLED -- WOW -- HMMMM
Member economic Commission parliamentary Najiba Najib had said in previous statements that many of the Iraqi money smuggled out of the country to invest in some Arab and foreign countries under the addresses and fake names, stressing the need to «access to the money they have received investment contracts fake or corrupt, and retrieval to Iraq , especially that the money that has been recovered to a very few now , compared with the money that fle
NOTE - FAKE CONTRACTS AND FAKE COMPANIES ETC SMUGGLED MONEY IT APPEARS
Millionday He praised al - Azzawi , the work of financial supervision and the integrity Commission during the past period that has seen an intensification of efforts on this file, as well as supporting other parties external such as the Ministry and others, noting that this an important file and requires cooperation both locally and internationally for its success.
OK THEY ARE WORKING ON IT
YAWN WE GET THE POINT AS RED USED TO SAY
Millionday SMILE HERE WE GO
Hussein al - Tamimi Tgb like plurality of resources a real trend of the state during the current stage, where such start exporting liquid gas a new hub of financial revenue after shipments of export of gas condensate , which began long ago to enter towards a genuine multiplicity of resources , though relatively speaking, it is a rapidly growing and contributing to maximizing the financial resources of the country.
NOTE -- SOME HAVE HEARD OF THIS BUT LETS LOOK AT WHAT THEY ARE REALLY SAYING
NOTE -- IRAQ HAS NOT SOLD THE GAS THEY PRODUCE AT ALL -- THEY HAVE A HUGE RESERVE AND HAVE NOT EXPORTED AND USED THE WEALTH FROM GAS -- SHOCKING
AND WE MEAN FOR DECADES
SO NOW THEY ARE STATING THAT PART OF THE MARKET GOAL IS TO EXPORT GAS -- THEY ARE TO START NOW WITH MASS PRODUCTION FOR THE DIVERSITY OF THE MARKET
member of the Baghdad economic Forum Hadi Hndas said: start exporting liquid gas step as long waited for everyone , where burns billions of dollars a year without a real tendency to invest for decades, Iraq is one of the countries that have large reserves of it, but the economic policies that were regulated economy prevented without investing this wealth.
Millionday a positive step and said in an interview with «morning»: the start exporting 2,000 tons is a positive step, especially as the work is continuing to raise the graph for the export of such material in the coming years, pointing out that to start exporting this material to the world market is better that does not begin, Iraq desperately needs to invest gas wealth that can not be Ctfad them in the ground and burn without interest.
NOTE -- THIS WILL RAISE THE REVENUES FOR IRAQI OIL COMPANY AS THEY WILL BE OF COURSE USING THEIR OWN OIL
Hndas said that a large gas company Basra, demanding the completion of the investment their business more quickly where the need for new revenues supply the shortfall in the federal budget due decline in crude oil prices in world markets, and must combine their efforts to overcome any obstacles facing gas investment process in the country
NOTE - GAS COMPANY BASRA CALLING FOR THE MOVE --
Millionday But Simon Damen and Lamaze director general of the Basra gas company , had said in an interview for »Sabah»: the work is being undermined challenges exploit amounts natural gas abundant in the province of Basra that is wasted now converted into the energies of vital maximize benefit from the resources and contribute to improving the lives of current and future generations alike.
OBVIOUSLY IT WOULD RAISE THE VALUE AND ALSO THE MARKET PRICE ALONG WITH REVENUES AND SHARE PRICE FOR THE COMPANY BASRA AS WELL == VERY INTERESTING
Millionday a unique pattern the company promised a unique model in Iraq of a partnership between the public and private sectors, as the company is composed of three shareholders , the first of them South gas company, Shell and Mitsubishi.
Millionday NOTE -- THAT IS A HUGE INVESTMENT OP FOR SHELL – IMO
Millionday He continued: is our part of a larger project to reduce gas flaring in the world, but Asthsna gas from wells and convert it into electrical energy illuminate the homes of Iraqis requires close cooperation between several parties. Borne by the oil companies operating oil fields in the giant Rumaila, Zubair, West Qurna 1 responsibility for the gas associated with oil separation and provide it to the Basra Gas Company.
Millionday NOTE -- LOOK AT THAT FINALLY THEY ARE GOING TO SERVE THEIR OWN PEOPLE IN ENERGY FOR THEIR PRIVATE HOMES -- I BET THIS WAS EXCITING TO HEAR FOR THEM
Beachrider electricity 24 hrs a day there would be exciting
millionday HUGE THIS IS NOT ONLY HUGE FOR THEM AS CITIZENS BUT THINK OF THE COMPANIES INVOLVED IN THIS TO MOVE
It had said the Oil Ministry yesterday for exported the first shipment of liquid gas to world markets via the port of Umm Qasr and the amount of estimated «2000» tons of associated gas , which is in line with the ministry 's plans to expand domestic production. Local competencies Hndas returned ,
Millionday demanding the development of investment in natural gas and creating a local competencies capable of dealing with cutting - edge technology that is used in gas extraction, transportation, export and that operations be to Iraq , necessary for the completion of all these operations , depending on the national effort that reduces spending in the event of the introduction of specialized international expertise that need to be large allocations of capa
SO THIS IS ACTUALLY HUGE IN ALL AND FOR ALL COMMERCE IN IRAQ ---- IMAGINE THE DEALS GOING ON FOR THIS TO TAKE PLACE
THAT WAS MY POINT THIS IS HUGE --- HUGE FOR THE COUNTRY AND HUGE FOR THE MARKET AND HUGE FOR THE GLOBE --
I WILL STOP THERE END OF REPORT
Lynnb Sorry MD, I forgot to wait for "end of report OK how does a Country export with out a rate? Hope thats not too dumb of a question
Millionday NO THAT IS NOT AND THERE IS NO SUCH THING AS A DUMB QUESTION -- ONLY NOT ASKING THEM SMILE ----- THIS WILL REQUIRE AN EXCHANGE RATE IMO -- NO WAY AROUND IT THAT I CAN SEE ---
THIS WILL BE PRICED IN THE MARKET NOT IN DEALS -- SO THIS HUGE AND WILL IMPACT THE BOTTOM LINE FOR IRAQ
MARKET -- MEANING STOCK MARKET
IT WILL IMPACT AND BE REVENUES FOR THE SHARE HOLDERS OF THESE COMPANIES AND SOLD ON THE MARKET
HUGE NEWS IMO -- DISCLAIMER SMILE
Lynnb Awwww thanks SO much!! I wondered, and now I am REALLY excited!! muah..and BTW, I followed u here, lol
Millionday OK IT IS LATE AND WE WILL BE WITH FAMILY AND AT FIRE WORKS TOMORROW BUT BACK ON TUESDAY NIGHT -- PLEASE HAVE A GREAT TIME WITH FAMILY -- IF ANYTHING BIG HAPPENS I WILL DROP IN -- LET ME SAY THIS TOO