LVegas March 24, 2015 at 11:15am My Intel on projects and platforms is very positive and seem to indicate the RV/GCR is already in play and has been for sometime now. Just needing to get to US.. NOT USA, but US....
Thunderheart > LVegas I agree with that 100%. This is going according to a slow rollout plan. Imo
LVegas > Thunderheart That's exactly what I have heard, slow steady rollout and last pieces of the puzzles are already in play. IMO also ;)
OmegaMan March 24, 2015 My mention of dates and numbers (3-24-2015) was and is purely from a numerological viewpoint. I know it's easy to assume I meant/mean that that is or was my prediction of RV. However, rather, it means that big things are happening to bring us that much closer. I still believe that this is the week...
Tito March 24, 2015 at 11:12am 2015 Spring Meetings of World Bank and IMF
The 2015 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) will bring together thousands of government officials, journalists, civil society organizations, academia and the private sector.
The IMF's International Monetary and Financial Committee and the joint World Bank-IMF Development Committee will meet to discuss progress on the IMF's and the WBG's work. Seminars, regional briefings, press conferences and many other events focused on the global economy, international development and the world's financial markets will also be held.
dates: 17-19 April 2015
venue: World Bank Headquarters
location: Washington D.C., US
BaNDiTo.RoX March 24, 2015 at 11:01am
Cabinet approves proposal for the central bank to accept the instruments of private banks to pay taxes and fees
Tuesday, 24 March 2015 17:00
The Committee on Economic Council of Ministers approved the proposal of the Central Bank to accept the instruments of private banks to pay taxes and fees LINK
[michigander0131] IMO) The bottom line is CBI has ITS hands tied right now..until the GOI gets parliament to set the stage (pass the laws of economic and banking) for investment and investors, the CBI cannot float the dinar. They work hand in hand to drive the exchange rate up
[michigander0131] with the dinar tanking it's starting to force parliaments hand to get things in gear before the general crowd starts protesting and rioting
[wushock92] Tanking? I'm not seeing that where I look.
[michigander0131] wushock92 well maybe tanking was not the right word in distress
[michigander0131] I would like to beleive its all in parliaments hands
[jgrines] imichigander0131 you think April is our time for a change in value
[raymond b] jgrines it will start moving
[michigander0131] jgrines as the CBI governor stated when he gave the green light for the project a few weeks ago
[michigander0131] I was thinking parliament would be getting the laws done a little faster than they have been lol
[wushock92] michigander0131 Perhaps after their 3-day respite in recognition of the Kurdish celebration of whatever it is, they will have lit a fire under their camel's behind and get it done. I'm sensing even the Iraqi citizenry is growing impatient
[michigander0131] wushock92 yes they come back on the 28th
Appaloosa: Missed this yesterday --- http://www.iraqinews.com/features/wasit-announces-tuesday-as-holiday/ - this one makes me scratch my head and go hummmm.
NewCreation: Today .. Kurdistan distributed January salaries to the staff of the region 24/3/2015-https://translate.google.com/translate?sl=ar&tl=en&js=y&prev=_t&hl=en& ie=UTF-8&u=http://www.dananernews.com/News_Details.php?ID=5645&edit-te xt=
Americas Most Beautiful Gardens:
ewtohan : Good morning... Friends and family can someone explain to me what type of rider we are looking for there are many different types of them not sure which one frank and top shelf are referring to
Zerb: ewtohan ….The RIDER is a clause inside the 2015 budget that allows them to immediately change the rate from the program rate to whatever rate they choose...Ghost saw this RIDER...
The rate can instantly change in the still of the night at any time. THE SOONER THE BETTER FOR THE IRAQI PEOPLE AND THEIR PRIVATE SECTOR ECONOMY...
IMO when the new rate is released it will help clear up a lot of the bombings and terrorists within the country.
7 DAYS TILL WE HEAR THE NEXT STEP... Pray for Security security security is secured
Prayers for our soldiers and coalition soldiers and all the Iraqi soldiers and people and all the other ME forces. 100000 Turki troops??? Bye bye terrorists...Extinguish the serpent. Hoorah
Walkingstick » March 24th, 2015, 7:48 am
Iraq oil helps to find buyers for international bonds
Dubai / London, March 24 (Reuters) - despite the war waged by Iraq against militants organizing the Islamic state and the fall in oil prices that has plagued public Bmalith still this country can rely on oil reserves to attract buyers to the first of its issuance of international bonds in nine years. Last week, Finance Minister Hoshiyar Zebari told Reuters that the central government is discussing with Citibank and Deutsche Bank version potential for dollar bonds worth five billion dollars for five years to help them bridge the budget deficit. It is believed a lot of fund managers that Iraq will fall short of selling such a huge amount of bonds at once especially as he did not get a credit rating from one of the major agencies. And obtain a credit rating could take months. It is true that the bond support specific oil revenues will boost investor demand but the government did not say they would do so may refuse to handcuff her hands in this way.
So may be a smaller version put forward in the coming weeks, perhaps between $ billion and two billion.
But there is no doubt that Iraq still can enter the international debt market whenever he pleases. Oil Vahtiatath very huge and plans for the production of this oil is very ambitious as to make it attractive market for funds wanting exposure to political risk versus reap high returns. Iraq has increased the second largest producer in the Organization of Petroleum Exporting Countries (OPEC) production to 3.4 million barrels per day in January from 3.05 million barrels a year ago. Baghdad has said it aims to raise the total capacity to between 8.5 million and 9 million barrels per day by 2020. This goal may be overly optimistic in light of security concerns and poor infrastructure and lack of liquidity and water. But the huge oil fields in Iraq, located in the southern region controlled by the Shiites to make them immune to the organization of the Islamic state is relatively attacks. Bet buyers of Iraqi bonds that production will increase in the coming years, enough to service its debts Iraq easily even if it is fully implemented expansion plans.
Said Brian Carter, director of the Governor at Acadian Asset Management in Boston, "the aspirations of the Iraqi oil production and high availability of a positive catalyst for the Iraqi debt." Trading in the secondary market refers to the Iraqi bonds are denominated in dollars maturing in 2028 to restore investor confidence in Iraq somewhat after Thavthm on sale late last year with falling oil prices. The yield on bonds jumped to a record high of 10.49 percent in mid-December from 7.2 percent in September, but then came down to 8.54 percent. There are several factors behind this recovery. Iraqi government forces have made some gains in the face of the organization of the Islamic state over the past few months, Baghdad is not directly exposed to the risk. After reaching Brent crude to $ 45 a barrel of crude rose above $ 50 a barrel.
And put Zebari complex plan to address the projected deficit of $ 21 billion in this year's budget. The minister plans to take many actions, including the imposition of taxes on imports of cars, mobile phones and cards provide two billion dollars by reducing the rewards of government employees who earn big salaries and collect $ 1.8 billion using SDRs for Iraq from the International Monetary Fund. If these steps have enabled the government to meet its obligations and increased oil production will be more of the state of public finances in the event of a lot better in a few years. Iraq currently earns about $ 50 million a year from its oil exports. If oil prices stabilized, the production growth rate of only 50 percent Cedar additional revenues of approximately $ 25 billion, enough to cover the deficit in the budget entirely. Says Kevin Daly, director of the Governor in Aberdeen Asset Management The bonds that Iraq intends to put forward would be attractive if involved a return around nine percent, and for ten years.
"There will be a demand on Iraq, but certainly will increase if they (the Iraqis) a credit rating." And the relationship between the Iraqi traded bonds and other emerging markets are very weak, including Iraq makes an attractive investment market for some money, especially with the approach of raising US interest rates, which adversely affects the emerging markets in general bonds. Fund managers noted also that the Iraqi traded bonds attractive price compared with dollar bonds due in 2023 to Nigeria, which is facing major political and security problems but are traded bonds yield at least 165 basis points from their Iraqi counterparts. Said Sergei Dergachev, a conservative manager for emerging market debt at Union Investment in Germany Brivivondz The great chances of recovery of oil prices is very small while the chances of Iraq eliminate the militants to organize the Islamic state almost non-existent. But he added: "In times of very low returns, investors are looking for credits with an adequate return."
jdtolle » March 24th, 2015, Outdated assumptions
Every assumption you have is based on what you’ve experienced in the past. The world has changed since you formed your assumptions, and perhaps it is time for some of those assumptions to change, too.
Assumptions save you the time and trouble of thinking through every decision and impression. Yet there are times when it would be much better to think than to assume.
Many assumptions are so deeply ingrained that you don’t even realize you have them. Stand back, put some effort into examining your assumptions, and you’ll likely find some opportunities for improvement you never even knew you had.
If there’s something that frustrates you, there’s a good possibility that a change in your assumptions could ease that frustration. If you feel stuck, or ineffective, or unsure of what direction to go, it could be an outdated assumption that’s responsible.
Each time the sun rises, life presents you with a fresh, new day. Let it serve as a reminder of the value that can come from a fresh, new perspective.
Some assumptions can serve you well, and yet there are, right now, many assumptions holding you back. Be willing to be honest with yourself, to discard the assumptions that no longer work, and to see life in a new, empowering way.
Ralph Marston Wishing All a safe and blessed day JDT
If you accept the expectations of others, especially negative ones, then you never will change the outcome.-- Michael Jordan