Post From Wealthwatch.world: OOTW & Member News Chat Discussion
DOUBLE B: Allawi announced the approval of Kuwait's emir to postpone reparations owed by Iraq without benefits.
DOUBLE B: BAGHDAD / ... declared Vice President Iyad Allawi, on Wednesday, the approval of the Amir of Kuwait Sabah Al-Ahmad Al-Sabah on the postponement of reparations owed by Iraq without benefits for two years, stressing that Iraq needs to balance the war on terror.
DOUBLE B: Allawi said in a statement followed the "eye of Iraq News," that the Iraqi ambassador in Kuwait was to follow up on the delay and got it, pointing out that he "is not a Saudi man, but he is a friend, and I consider Saudi Arabia an important and essential and pivotal Arab state in the region,
it is also a friend of Kuwait, Egypt and all States that have stood with us the days of the struggle against Saddam's regime. and he respected Saudi Arabia, nor forget the great respect their positions and supervising its commitment to the integrity of Iraq. "
DOUBLE B: He explained, "that the political process was not built on the basis of sound, and was distressed because of the exclusion and marginalization of sectarianism and dependence, and isolation of a wide range of community, no longer inclusive political experience in the full sense,
and I got under occupation and by intervening and this was not encouraging, pointing out that" the political process incomplete because it did not include a community to Atmthelh were under occupation, which led to a political vacuum and for administrative and organizational large, when Saddam's regime fell with him fell State was dismantled all security institutions. "
DOUBLE B: He noted "that in these circumstances arose and evolved political process forward, a sink day after day in isolation, marginalization and exclusion of political and sectarian, and this caused chaos and terror in Iraq because there are no institutions that protect people," aynaliraqnews.com/index.p..
DOUBLE B: jar, do you find it just a tad bit strange, the article yesterday about the currency reform in 2017 and now, Kuwait lets them off the hook for 2 years, hmmmmm
DOUBLE B: and Russia is gonna give Mexico the arms to overrun Texas, LOL
disciple7: 2017 hmm that sounds familiar
TheCatInTheHat: And we will see our rv like really soon........I never believe most of what they put out..
Donnie: ‹@DOUBLE B› Ukraine said it about arming Mexico - Kremlin denounced it immediately
quicktolegit96: WHATEVER YOU DO, PLEASE DONT LET TIMANDJULIE OVER HERE...
OOTW: HI EVERYONE LET ME ADD SOMETHING TO THE MIX HERE
OOTW: AND I CAN'T PROVE A CONNECTION BUT KUWAIT IS A FOUNDING MEMBER OF THE AIIB
OOTW: JUST SOMETHING TO THINK ABOUT
OOTW: AND CHATTELS BROUGHT US THIS
OOTW: National Business Council logo Cabinet approves Iraq's accession to the Asian currency Bank 06/23/2015 11:10 www.almadapress.com/Media...? Long-Presse / Baghdad Iraqi National Business Council revealed on Tuesday for approval of the Cabinet on the proposal of Iraq's accession to the Asian currency Bank, while pointing out that the Prime Minister Haider al-Abadi face of the concerned authorities to monitor this issue.
The head of the Council David Abdul Zaire in an interview to the (long-Presse), "The Council has already lifted a proposal to the Iraqi Council of Ministers asking them to need for Iraq to join the Asian currency Bank to bear the financial and economic benefits will return to Iraq in the event of joining."
Zaire and added that "the Prime Minister Haider al-Abadi agreed to the project and the authorities concerned to follow-up and communication and the creation of mechanisms and programs through which the possible joining of Iraq."
The Iraqi Council of National Business feet (12 May 2015), the Council of Ministers of Iraq's accession to the "Asian currency Bank," while the expected accession of Iraq to the bank to provide the quality of services and currency opportunities.
OOTW: AND TY ANGELSAMOUNGUS
OOTW: THIS FROM BUTIFLDRM IN THE SAME THREAD
OOTW: GM, chattels! This is very interesting news chattels. This move could give Iraq the ability to bypass the IMF and trade internationally. I'm almost positive the Asian currency Bank this article is alluding to is the AIIB. I need to do a little more research, but when you google Asian currency Bank google pulls up the AIIB.
OOTW: Iraqi Business Council propose to the government of Iraq's accession to the Asian currency Bank [Image: 139754.jpg] Follow-up - and babysit -suggest the Iraqi National Business Council, the Council of Ministers on Iraq's accession to the Asian currency Bank, "expected" Iraq's accession to the bank that provides the services and quality of currency opportunities.
" The head of the Council Karim Mohammed al-Shammari said in a statement for the Council received news agency public opinion (and babysit) a copy of that "Iraq's accession to the bank is a big step towards development has joined many countries, including Britain, Germany and France in addition to Arab countries, including the United Arab Emirates as well as Iran Allta looked upon as founders and Egypt made application to join. "
Shammari stressed that "the National Business Iraqi Council, which includes elite Iraqi businessmen and various terms of reference for the private sector and out of concern to build Iraq and prosperity provide a proposal to the Prime Minister Haider al-Abadi join this bank, which is largely in resolving Iraq's many problems, which was established for which this project. "
OOTW: He pointed out that "Asian currency Bank as possible to help Iraq in its support to bridge the large gap in the various infrastructure services as well as electricity, energy, environment, and others."
It is noteworthy that the Asian currency Bank actually began work in 2014, and the share capital of the bank's authorized capital to $ 100 billion, and the initial capital of $ 50 billion, and the headquarters of the bank in the Chinese capital Beijing.
And it acceded to the agreement establishing the bank 27 countries, including 20 countries from the Asia and Pacific countries. A large number of experts believe that the bank, which is China created a potential competitor to the International Monetary Fund and the World Bank, which are dominated by the United States.
The leading European countries also expressed during the past two weeks about the intention to join the bank that China is promoting him, including Italy, Switzerland and Luxembourg.
Donnie: Smart Card (QI) Smart card Smart card is an electronic card based on the concept of transferring real cash into electroniccash fixed on a sim card to facilitate cash exchange.
Smart card ( QI ) is similar to other credit cards recognized worldwide with essential difference that the smart card deals with balances without direct contact with the server which is called ( off line ) to facilitate business in regions of no good telecommunication networks .
Besides , the card depends on fingerprint as a substitute of the Serial No. in processes of electronic cash transfer . Our Bank pursued this modern technique in order to facilitate cashing pensions as a first stage .
The retired employee can get his/ her pensions from any branch of Rasheed or Rafideen banks , noting that the smart card contains ( 255 ) banking or non- banking activities and one of them is cashing pensions
Pursuing the fingerprint provides to bank and any party related to it . The possibility of getting clean data base unrepeatable through fingerprint matching in case of inability of referring to written data .
OOTW: I JUST MERGED THE THREADS EVERYONE - I LIKE TO SHOW THAT THERE'S BEEN MORE THAN THE ODD PRESS RELEASE ON THIS
Donnie: Cabinet approves Iraq's accession to the Asian Investment Bank BAGHDAD / long-Presse Iraqi National Business Council revealed, on Tuesday, for the approval of the Council of Ministers on a proposal on Iraq's accession to the Asian Investment Bank, pointing out that Prime Minister Haider al-Abadi face of the concerned authorities to monitor this issue, while the Central Bank of Iraq, announced the launch of loan amounts medium and small enterprises by Iraqi private banks early next month of July.
Donnie: continue reading here: www.almadapaper.net/ar/ne...
Tex: Would this wipe out our investment.?????
Tex: The Asian market
OOTW: TEX WHAT PROMPTS YOU TO THINK THAT?
OOTW: JUST CURIOUS
OOTW: IF THE AIIB IS GOING TO HAVE TO DISCLOSE HOW MUCH GOLD THEY HAVE- TO PROVE THEY CAN BACK THE AIIB, I WOULD THINK THEY'D WANT FOUNDING MEMBERS TO BE ABLE TO DO THE SAME –
IF KUWAIT'S JOINING THEM AS WELL AS IRAN (BOTH LISTED AS FOUNDING MEMBERS) I WOULD THINK THAT THE AIIB WOULDN'T ALLOW THEM TO DO SO UNLESS THEY CAN BACK THEIR CURRENCY -
REMEMBER THINK OF CURRENCY AS A STOCK IN A COUNTRY
OOTW: WE HAVE OVER TWO MONTHS FOR THE OFFICIAL LAUNCH OF THE AIIB
OOTW: AFTER SEPTEMBER THEN MEMBERS MAY JOIN- SUBMIT NEW APPLICATIONS (SO TO SPEAK)
OOTW: THE AIIB SAID THAT THEY WANT TO LAUNCH FIRST AND THEN THOSE WHO WERE NOT FOUNDING MEMBERS COULD APPLY TO "JOIN"
OOTW: REMEMBER TWO DAYS AGO I GAVE A CHAT DISCUSSING A VERY SUBTLE SENTENCE IN THE FINANCE COMMITTEE'S PRESS RELEASE RE THE MEETING BETWEEN THE FINANCE COMMITTEE AND KEYWORDS?
OOTW: I'LL POST THAT THREAD LINK NOW
OOTW: WHAT IF IRAQ IS GOING TO DEPEG FROM THE DOLLAR...IDK..WE DON'T HAVE CONCLUSIVE EVIDENCE, BUT WE HAVE THIS.....BRB
OOTW: UGH I JUST UNDID AN HOURS WORTH OF WORK OH WELL
OOTW: READ THIS WHILE YOU'RE WAITING PLZ
Tex: Did I understand it correctly That it would not use the IMF which is I thought was the foundation of the system.......I haven't had time to study all You have said..will read more
OOTW: THAT'S THE LINK TO THE CHAT
vtech: ‹@OOTW› thanks for all you do
Donnie: Abadi: increase oil production will fill the budget deficit .. and prices are subject to the policies of "regional"
OOTW: SURE VTECH
OOTW: OOTW: GOOGLE: THIS NEXT SENTENCE IS VERY INTERESTING - “AND SURROUND THESE CASES THAT COME AT THE EXPENSE OF THE LIVES OF THE CITIZEN” AGAIN, HERE THEY'RE STATING THAT THEY DON'T WANT THE PEOPLE TO SUFFER OVER THE DECLINING VALUE OF THE DINAR –
THEN THEY GO ON TO SAY.... “AND DELIVERY OF THE DINAR TO HIM, WITHOUT RESORTING TO CASH DOLLAR IN THE HOPE THAT SUCH MEETINGS ARE REPEATED TO SERVE THE ECONOMY AND THE PROTECTION OF PUBLIC MONEY. “
OOTW: AND HERE'S THE BING TRANSLATION OF THESE SAME SENTENCES: and an agreement of vision between the higher authorities to support these trends to combat money is clean and surround these cases that come at the expense of the lives of the citizen and the delivery of the dinar to him without resorting to criticism of the dollar in the hope that such meetings are repeated to serve the economy and the protection of public money.
OOTW: AND DELIVERY OF THE DINAR TO HIM, WITHOUT RESORTING TO CASH DOLLAR IN THE HOPE THAT SUCH MEETINGS ARE
OOTW: and an agreement of vision between the higher authorities to support these trends to combat money is clean and surround these cases that come at the expense of the lives of the citizen and the delivery of the dinar to him without resorting to criticism of the dollar
OOTW: SO THIS MEANS ONE OF TWO THINGS IMO
OOTW: THEY EITHER WANT TO GET AWAY FROM THE DOLLAR SO PEOPLE DON'T HAVE TO DEAL IN MORE THAN ONE CURRENCY
OOTW: OR THEY WANT TO MORE STRICTLY CONTROL THE PURCHASE PRICE FOR THE DOLLAR
OOTW: IT'S MY OPINION, ALSO BECAUSE OF WHAT SALEH SAID (IN THAT SAME THREAD) THAT THEY MAY WANT TO BE MOVING AWAY FROM THE DOLLAR
OOTW: SHAMMARI'S BEEN PUSHING FOR THIS
OOTW: I'LL BE BACK AND FORTH IN HERE GUYS PLEASE BE PATIENT WTIH ME I NOW HAVE TO RE DO ALL THE WORK I JUST UNDID BY ACCIDENTALLY CLOSING MY WINDOW WITH HUGS AMOUNT OF ARTICLES IN IT
OOTW: I'LL BE BACK IN
Tex: I very much have confidence in your Thoughts and articles ,,, must leave for now , will read more tonight.... MANY THANKS
OOTW: YW TEX
Donnie: Citizen likely to pass the amnesty law: Condition not covered by terrorists
Donnie: Iraq and Iran discuss the implementation of the 700-meter-long bridge on the Shatt al-Arab
Donnie: Gold falls to lowest level in a week with the rise of stocks and the dollar
Donnie: Oil rises with demand and concerns about Iran's agreement strength
Donnie: Follow-up scales News Oil prices rose in Asian trade on Wednesday, amid hopes of a rise in US demand for crude more than expected, while doubts in the possibility of reaching an agreement on Iran's nuclear program next week contributed to allay fears of oversupply. It rose "Brent crude contracts for August delivery three cents to $ 64.48 a barrel by 0602 GMT, and had ended the trading session on Tuesday, up $ 1.11 or 1.8 percent."
Donnie: Najib: Article 50 of the Budget Law has failed Author: Publisher on:June 24, 2015In: economy Views: 99 views BAGHDAD / Center Brief for the Iraqi Media Network (IMN) –
a member of the Investment Committee and the economy MP Najiba Najib announced that Article 50 of the Budget Law has failed and impacted negatively on the Iraqi dinar. She said Najib's (IMN) "The central bank did not violate the law, but Article 50 proved on the ground, their lack of success, and that the dollar reached 1,400 dinars a result of the restriction of the bank to sell $ 75 million a day,"
noting that "the Bank has provided an appeal before the court Federal to this article and other material 18 to remedy the exchange rate and the ability to strengthen the dinar against the dollar. "
She explained that "the parliamentary finance committee supported the central bank's policy and stabbed him in Article 50 and walk dispute to maintain the rate of the dinar."
It is noteworthy that the Iraqi Central Bank sales at auction for the sale of foreign currency amounted to $ 282 million as opposed to the law of the financial budget for 2015, which defined sales at the auction, including no more than $ 75 million.
Donnie: center-imn.net/1/ http://center-imn.net/1/?p=16431