Post From Wealthwatch.world Chat Room 9-8-15
Wealthwatch Late Night Chat 9-8-15 Part 1 of 2
TxBrand: small banknotes ?
Doug_W: git ER DUN I say
SWSD: Poppy3 - NEW RATE VERY NEAR AND NOT JUST WANTED BUT REQUIRED. THEY HAVE ANNOUNCED SEVERAL DEADLINES THAT REQUIRE AN ACCEPTABLE RATE BEFORE THE THINGS CAN BE MET. PERIOD. NO DEBATE IT IS FACTUAL. RELAX WE ARE IN GREAT POSITION IN GOOD HANDS.
lonegunman: ‹@SWSD› well that goes without saying !! lol
BB824: ...A member of the parliamentary economy calls for the deletion of zeros and the issuance of Banknotes small to strengthen the dinar..."...AND HAS FOR MANY YEARS---IT MEANS----NOTHING
BOBBY: . . . . ANKARA, Turkey (AP) — Turkey deployed ground forces across the border into northern Iraq on Tuesday for the first time since 2011, stepping up its battle against Kurdish rebels who have stung the Turkish military with a string of attacks in recent weeks.
The move, however, could frustrate the U.S.-led alliance's efforts against the Islamic State group because Turkey is now hunting down the very fighters who are trying to hold back the militant group from taking more territory in Syria and Iraq. Turkish authorities haven't given a specific timeframe for the operation in northern Iraq, although one official said it was a "short-term" offensive to root out rebels.
Turkish jets also carried out more airstrikes against rebel camps in the region. The cross border operations came amid a wave of attacks by the rebels of the Kurdistan Workers Party, or PKK, that killed at least 31 soldiers and police since Sunday.
Turkey, a NATO ally, signed up for a more active participation in the U.S.-led coalition, after a deadly suicide bombing in July blamed on IS. It has allowed U.S. warplanes and drones to take off for missions against IS in Syria and its jets have struck IS targets near its border, in Syria.
Turkish soldiers prepare the coffins of fallen comrades, including Lt. Col. Ilker Celikcan, front, b … But the country's main focus has been its fight against the PKK, which has waged a decades-long insurgency for Kurdish autonomy.
President Recep Tayyip Erdogan has said in comments reported by the Turkish media that IS is a lesser threat to Turkey than the PKK. Turkey's ground and aerial incursions against the PKK pose a difficult situation for the U.S.-led coalition.
The Kurds are doing much of the fighting against IS across the border in Syria and in northern Iraq. The PKK, which maintains bases in northern Iraq, has fought alongside Iraqi Kurdish peshmerga forces, notably in Shingal, a predominantly Kurdish town which was taken by IS during last year's blitz. "Turkey could not have helped Daesh more if
BOBBY: "Turkey could not have helped Daesh more if it had tried," said Nazmi Gur, a former legislator who is in charge of Turkey's pro-Kurdish party's foreign relations, in reference to Tuesday's ground incursion in pursuit of the PKK.
He was using an alternative acronym for IS. Critics accuse Erdogan of re-igniting the fighting with the Kurds, after more than two years of peace efforts, for electoral gains. Opponents say he aims to rally nationalist votes around the ruling Justice and Development Party, or AKP, and discredit a pro-Kurdish party whose electoral gains in an election in June deprived the AKP which he co-founded of its parliamentary majority.
Erdogan denies the accusation. However, the Turkish leader has also suggested that strong single-party rule after a new election called for Nov. 1 would help end the turmoil. Forensic officers investigate after a roadside bomb killed 14 policemen in Igdir in eastern Turkey, …
The Turkish troops crossed the border as part of a "hot pursuit" of the PKK rebels, who were involved in a roadside bomb attack that killed 16 soldiers on Sunday, the government official said.
"This is a short-term measure intended to prevent the terrorists' escape," the official said on condition of anonymity in line with government rules that bar officials from speaking to reporters without prior authorization.
The official didn't say how many troops crossed into Iraq, or exactly how long the operation would last. Turkey's military has carried out numerous airstrikes and ground incursions into Iraqi territory in pursuit of the PKK over the past decades, but Tuesday's raid was the first since 2011.
The private Dogan news agency, citing unnamed military sources, said two battalions from Turkey's special forces crossed the border. A PKK spokesman, Bakhtyar Dogan, told The Associated Press that the Turkish forces entered from the Zagros mountains area in the Iraqi Dahouk province. Dogan, the PKK spokesman, said no clashes had erupted. Thousands of people march and shout slogans to denounc
newbieDA: TY DinarThug Rasheed Bank in connection with the opening of three overseas branches 9/9/2015 0:00 BAGHDAD Mustafa al-Hashemi Iraq seeks to open up to the world through the international banking re-relations across the branches of the Iraqi government banks abroad, especially after his release from Chapter VII and the consequent caused great damage in the state of the banking system and financial sanctions cast a shadow over the country's economy.
In this regard, Director General of the Bank of Rasheed Mohammed Abdel-Wahab said that Iraq and immediately after the announcement of the lifting of international sanctions and exit from Chapter VII began a campaign of moves, saying in a statement »Sabah» that there is a committee was formed in the Ministry of Finance with a membership of the Rafidain and Rasheed to discuss the re-opening of the branches of government in banks outside Iraq as it is a gateway of trade relations and foreign investment.
He stressed that this issue is of great significance in moving the economy, and the improvement and development of economic relations between Iraq and the world, calling for the move and transfer procedures and agreements on the exit of Iraq from Chapter VII to the ground and make things real concrete and not a dead letter.
In this context, the Director-General also said that there are efforts to set up overseas branches of Rasheed Bank in Beirut, Romania and Pakistan, adding that the number of internal branches of the bank in 151 branches throughout Iraq, distributed among the provinces.
He noted that the number of branches now compared to the number of population and geographical area below the level of ambition and there are efforts within the bank plan in coordination with the central bank for expansion and opening of four branches annually to meet the needs of the public from banking operations.
Abdul Wahab said that his bank financed 27 projects ranging from a giant cement plants and agricultural fields have achieved feasibility and contributed to get the economy movin
chattels: [Follow-where] the governor of the Iraqi Central Bank on the Keywords he said on Tuesday that the decline in oil revenues reduced the country's foreign exchange reserves to about $ 60 billion, enough to cover the needs of imports in about 18 months for the second-largest oil producer in OPEC.
Public finance of Iraq has come under tremendous pressure because of the decline in oil prices since last year's war with al Daash. The government expected a deficit of about $ 25 billion in the current year's budget amounting to about $ 100 billion.
The International Monetary Fund said that these factors reduced also international reserves, which fell to $ 66 billion at the end of 2014 from 78 billion at the end of 2013. chattels: www.alliraqnews.com/modul...
BB824: chattels what about the dinar news
BB824: deletion of zeros
chattels: ‹@BB824› define " dinar news " please ?
BB824: deletion of zeros news articles today
chattels: there is an article saying that a committee member is calling for the deletion of zeroes and issuance of small denoms I read
BB824: there have been now 4 today
chattels: Parliamentary Economy and Investment Committee
chattels: ‹@BB824› what does it mean to / for you ?
BB824: I gave up on that...lol
Lauren305: ‹@BB824› ‹oh well then that is massive news. what does it mean? lol
chattels: there have been many articles calling for the deletion of zeroes, but in combination with the issuance of lower denoms is a new twist to me
BB824: what does it mean well basically nothing it's iraq ...lol
chattels: Does it equate to a call for an " RV " as some or one is saying ?
chattels: I doubt it. But even if so, it is but rhetoric at this point.
Donnie: ‹@chattels› I like it because it's different then talking about 50k&100k
chattels: ‹@Donnie› true, a different twist for sure.
chattels: the committee member could be a moron for all I know
BB824: I gave up on Iraqi talk now I look for results
Donnie: ‹@chattels› yup. Or someone that knows something but then again if he knew something he wouldn't be posting any information IMO
chattels: other articles mentioning Najib
chattels: center-imn.net/1/ http://center-imn.net/1/?p=28664
chattels: Najib is a " she " goingglobaleastmeetswest....
BB824: but when it comes to isis dashe maliki bad bad I don't buy into those
BB824: there doing a ton behind the scences
chattels: BAGHDAD / Obelisk: confirmed a member of the economic and investment commission parliamentary Najiba Najib, Wednesday, that Iraq is on the verge of "economic breakthrough", attributing this to the expectations of experts with high oil prices and the fight against the state of financial corruption after austerity taken by the management of state institutions, as pointed out that the salaries of staff "
I do not fear them." She said Najib told I followed for "obelisk", "Despite the preoccupation with the Iraq war Daash gangs on behalf of the world and the fall in oil prices in the last period,
but we are now in the month of May are heading towards an economic breakthrough", indicating that "Economists expect a rise in oil prices during the next phase." chattels: www.dinargururv.com/2015/...
(above article Posted on May 7, 2015)
chattels: Najiba Najib, a member of Committee economy and investment in the Iraqi parliament, she told Anatolia, the procedures to be implemented to become Iraq, a member of the organization needs more time, especially in light of the tense situation on the security front, which has plagued Iraq after the control of the organization Daash over large areas of the country since the summer 2014. - See more at: rvtruth.com/daash-hamper-...
chattels: Parliamentary Economy: the repeal of Article 50 of the General Budget Law resizerBAGHDAD / … The Commission on the economy and investment representative, on Monday, said that Article 50 of the general budget of the Iraq law will be canceled and that the size of the negative impact on the Iraqi economy impacts.
Said committee member Najiba Najib told the “eye Iraq News”, “n this article restricted the central bank sales of $ 75 million a day, and ordered the bank to hold the tax settling accounts and Alkmarki within 30 days and to take tough sanctions against banks which shall not be required this,”
noting that the The dollar exchange rate against the Iraqi dinar has risen so much that after the House of Representatives approved the budget. ” http://iraqidinarfacts.net/general-budget-law/
chattels: iraqidinarfacts.net/gener... http://iraqidinarfacts.net/general-budget-law/
chattels: She said a member of the economic and investment commission in Parliament, Najiba Najib, in an interview for the “long” that “the ongoing implementation of investment projects will be paid their dues by 10-20% during the month, and will terminate the contracts with the lagging companies that have not been implemented projects for reasons of failure executing companies and not reasons beyond their will,
“pointing out that” the budget law gave the power to terminate the contracts with the lagging companies that did not implement their projects in the sixth month and the announcement of the project again, to be forwarded to other companies. ” chattels: www.dinarbits.com/parliam...
chattels: Najib: current currency crisis is not commensurate with the country .. but not delete the zeros at the moment Follow-up / newspaper uprightness Confirmed member of the parliamentary Economic Committee Najiba Najib
"The current currency is not commensurate with the economic crisis that hit the country, ruling out" the application of the project to delete the zeros of the Iraqi currency in the year 2015. Najib said that "the success of the process of deletion of zeros from the currency need to executive and legislative plans,
noting that the central bank alone can not implement this project but need to unite all banks. She continued, "there is a legitimate and plan to delete the zeros but not short-term, noting that it can be applied to this plan within two years or more.
Najib added that "the main obstacle to this plan is the security situation, which is currently gripping the country, indicating that we are waiting to take steps by OPEC to limit the fall in oil prices. Ended 9 translate.googleuserconte... Sorry, this URL is invalid
BOBBY: Chattels. ..... evening....... some interesting news...
chattels: The last article is very interesting and it appears that Najib may have reversed her position taken in February this year.
chattels: ruling out the application of the project to delete the zeros of the Iraqi currency in the year 2015.
Donnie: She continued, "there is a legitimate and plan to delete the zeros but not short-term
chattels: " "there is a legitimate and plan to delete the zeros but not short-term, noting that it can be applied to this plan within two years or more. Najib added that "the main obstacle to this plan is the security situation, which is currently gripping the country, indicating that we are waiting to take steps by OPEC to limit the fall in oil prices."
chattels: " we are waiting to take steps by OPEC to limit the fall in oil prices."
chattels: Wasn't there an article very recently that OPEC / Saudi Arabia would curtail oil production to help Iraq with the price of oil ?
Donnie: didn't i post an article the other day stating OPEC is in the talks/process to lower production to enable an increase in the oil prices?
Donnie: i should have looked up before hitting enter.
chattels: "the main obstacle to this plan is the security situation,...."
chattels: Is the security situation appreciably better ?
BOBBY: Chattels. ... do you recall what Najib Najib said about a year ago
BOBBY: security was first and foremost
Donnie: but, but xx says: NEW RATE VERY NEAR AND NOT JUST WANTED BUT REQUIRED. THEY HAVE ANNOUNCED SEVERAL DEADLINES THAT REQUIRE AN ACCEPTABLE RATE BEFORE THE THINGS CAN BE MET. PERIOD. NO DEBATE IT IS FACTUAL. RELAX WE ARE IN GREAT POSITION IN GOOD HANDS.
chattels: ‹@BOBBY› No sir, February is as far back as I got with my quick research.
Donnie: we've been in a great position since June!!! lol LOL lol LOL
BOBBY: Chattels. .... do you remember Mike and Lj referring to Najib as the queen on the Iraq chess board?
Stash: Right Donnie
chattels: ‹@BOBBY› no sir
chattels: ‹@BOBBY› educate me please
BOBBY: Chattels. ...... they were saying she has some weight behind her and she does not present statements often
BOBBY: i remember the article that came out with her and the deletion of zeros project
BOBBY: Chattels. ........ i would bet whitelions would know that exact article
chattels: Not hearing anything about Maliki being " gone " of late.
Donnie: Iraqi Bonds Struggle to Attract Investors
Donnie: Conflict and low oil prices may drive down prices Iraq’s effort to enlist bond investors in its fight against the self-proclaimed Islamic State and a collapse in the price of crude won’t come cheap.
The Gulf nation’s first trial in the Eurobond market in almost a decade means it may have to pay “double-digit” interest to lure investors, says Morten Bugge, who helps manage about $2.5 billion of emerging-market debt at Kolding, Denmark-based Global Evolution. - See more at: www.businessweekme.com/Bl...
chattels: ‹@Donnie› What does that tell us about the world's view of the prospects of success in / out of Iraq ?
chattels: Is that the same world ready to assign great value to the Iraqi dinar in the world market ?
chattels: Non nobis solum nati sumus (English: Not unto ourselves alone are we born) is a Latin motto. It means that people should contribute to the general greater good ............
chattels: Once and only once I pass; If a kindness I may show, If a good deed I may do To a suffering fellow man, Let me do it while I can. No delay, for it is plain I shall not pass this way again. –Unknown
chattels: virtuefirst.org/virtues/s... http://virtuefirst.org/virtues/suffering-a-cause/
To undergo a penalty, pain, or loss in defending a principle, ideal, goal, or movement.
suffering a cause:
to undergo or feel pain or distress:
to sustain injury, disadvantage, or loss:
to undergo a penalty, as of death:
to endure pain, disability, death, etc., patiently or willingly.
to undergo, be subjected to, or endure (pain, distress, injury, loss, or anything unpleasant):
to undergo or experience (any action, process, or condition):
to tolerate or allow.
…in defending a principle, ideal, goal, or movement.
Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved. –Helen Keller
BOBBY: well spoken words
Comments may be made at the end of Part 2 Thank You