Early Sunday Morning"
aggiedad77 » February 23rd, 2014, 9:18 am •
Here are a few News Summaries from overnight
Baghdad hosts the Iraqi Committee of Sri Lanka next week and the oil on top of the agenda
Baghdad and Sri Lanka have been talking of starting to export Basra light crude oil to Sri Lanka where it will be refined...Iraq it seems is one of their biggest importers of Ceylon tea....they will be meeting on 2/24 to work out further details.
Prime Minister Nuri al-Maliki lays the foundation stone for the project refinery in Karbala and delivers more than 1,300 bonds piece of residential land
Maliki was present in Karbala to lay a foundation stone for the construction of a refinery in Karbala that will be capable of refining 140,000 barrels of crude oil per day....they are working very diligently to get refineries in the country up to modern levels to refine more products for in country use and to be less dependent on refined oil related products. Maliki also dedicated 1338 parcel piece of land for housing in the province of Karbala and stressed that the government remains committed to provide housing for the poor.
Read More Link on Right
Abadi calls to speed up the exchange of new increases for retirees
The head of the parliamentary Finance Committee, Abadi, went to the head of the Pension Authority to try and speed things up to overcome obstacles for increasing the payment to retirees in advance of the 2014 budget if possible.....he is wanting to get the 400,000 dinar per month into the hands of the retirees as soon as possible......could be a political ploy on his part for an upcoming reelection.
A member of the Economic Committee in Parliament is stating that the current situation of the exchange rate of the dinar to USD has not caused any harm to the purchasing power of the Iraqi people thus far in 2014......also stipulated in this article is a statement by Maliki that denies he made any comment previously about the deterioration of the Iraqi economy.
Sadoun: time (remaining) is not enough to amend the budget
A former MP was interviewed and stated that the budget by law should have been in Parliament's hands by November 2103....but we know that didn't happen.....he is saying that now there is not enough time to read the budget, make amendments to it, and get a vote completed before the elections. Again, to stress this is one man's opinion....there are others who also believe the budget can be passed very quickly if an agreement can be reached with the Kurds.....according to a report from the Ministry of Finance the inflation rate may be somewhere near 5.5%.
Here ends the overnight News Summaries. Randy
[asn] Lets not look for the news of the GCR/RV right at this moment lets looka the news that needs to be read between the lines, that could allow us to know the GCVR/FRV is comong.. First George Soros one of the Wealthiest men in the world has stated hes ready to Invest in the EU Banks, the Chinese Government is ready to Dial in there Monetary Policy,, the IMF is ready to help the Economic Conditions in the Ukraine, the EU has stated there ready to help the Ukraine once they have a new stable government!
[asn] IMO the GCR/RV will be hidden in the events of today's news...
[xyz] Banks struggle to fill staff gaps in forex rigging row..That leaves managers with the choice of promoting more junior staff into powerful chief and senior dealer positions or appointing staff from other units of the bank who are less familiar with the daily workings of the $5.3-trillion-a-day forex market. While the hiatus may be temporary as the investigation unfolds, it comes at a time when machine-driven algorithmic models have already replaced around two thirds of the spot FX dealers operating in London a decade ago, and there are growing concerns about staffing numbers in the industry. http://economictimes.indiatimes.com/news/international/business/banks-struggle-to-fill-staff-gaps-in-forex-rigging-row/articleshow/30901313.cms
Topic: Spread love everywhere you go. Let no one ever come to you without leaving happier. Mother Teresa
Kurdish lawmaker: Threats Maliki's coalition to pass the budget without the Kurds, but it does not hurt [audio] February 23, 2014 [Baghdad - where] The MP said the Kurdistan Alliance Bakr flesh that "threats to members of the coalition of state law [which is led by Nuri al-owner, to pass the budget without the presence of the Kurds do not benefit, not harm, but the owner." He Hama told all of Iraq [where] he "should pass the budget political consensus among all the political blocs and asylum members of a coalition of law to this method is that the budget is passed without the consent of the other one does not help, not hurt, but those who adopt this style." He explained "the importance that there be a reasonable compromises agreed upon by all political parties to pass the budget of Finance." The deputies of the state law, said that the House of Representatives will read the budget this week, even if they missed the Kurdish component. http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D2492678
Late Saturday Night:
Shade » February 22nd, 2014, 11:09 pm although things seem quiet, I would guess that, behind the scenes, the CBI and other Iraq banks are "proceeding" with a mechanism to raise the value of the IQD .... I hope
[generals64] Hey, if you guys want to post this on Recaps Please feel free to do so. I am at the top of my frustration level as NO ONE is or has Cashed this currency out as of yet. NOTHING is going on in Canada other than they beat our Hockey Teams
[generals64] Folks, there is a rumor floating around about joining an elite Group for early cash out with the Generals64 group. Can you or anyone tell me how I can get in that group?....This is Not Crazy....This is stupid.....There is no early or elite cashing in or out group if there is I didn't get the memo. These Skype Rooms are going to get us all down in the dumps.
[OfCourse13] Markets opening London time is noon eastern Sunday, right?
[graciousme] 7- 8 hrs ahead of us
[Moonchild] OfCoure13 markets actually open when Asia opens which is late afternoon EST, then the more important opening is London which is in your early morning.
Roger: G20 Meeting in Sydney concludes this afternoon. Think this is interesting timing.
Rrrr: Think of your body as a movie projector, and the film running through the projector is all of your thoughts and feelings. Everything you see on the screen of your life is what has been projected within you, and is what YOU have put into the film…. By choosing higher thoughts and feelings you can change what you see on the screen at any time. You have complete control of what goes into your film.