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Wealthwatch Monday Night Chat 12-21-15 Part 2 of 2
chattels: Iraq central bank devalues dinar as oil hurts its income
chattels: Iraq’s central bank has increased the sale price of US dollars to banks and currency exchange companies by 16 dinars, or 1.37%, as the government seeks to compensate a decline in oil revenue, a government official and the central bank said.
The sale price of the dollar “has been adjusted to 1,182 dinars,” the central bank said in a statement yesterday.
chattels: Mudher Saleh, a top economic adviser to Prime Minister Haider al-Abadi and former deputy central bank governor, told Reuters.
chattels: “This is a small adjustment, it’s not a devaluation. It will increase government revenue to meet local needs,” said Saleh.
chattels: “It may be the first of many steps to reduce the budget deficit and increase the local income,” said Abdul Rahman Najm, an economics professor at several universities in Baghdad. “As no improvement in oil prices is expected, there will be more steps to reduce the value of the dinar versus the dollar.”
chattels: “Iraq needs large revenues to continue the war on Daesh,” he added, using a local derogatory name of Islamic State, ............... " chattels: wealthwatch.world/showthr...
chattels: The arrival of the Prime Minister Dr. Haider Al-Abadi to China. - Face book post
chattels: Deputy for the National Abadi calls to put forward the idea of China's accession to the alliance quartet :: 2015/12/22 7:59 • Deputy for the National Abadi calls to put forward the idea of China's accession to the alliance quartet [Baghdad - where] deputy called for Prime Minister Haider al-Abadi National Alliance to expand the themes of his visit to China to ranges rather than China's accession to the alliance quartet formed to fight the terrorist gangs Daash.
chattels: said Abdul Salam al-Maliki said in a statement received by the agency all of Iraq [where] a copy of "China with strong and developed economic and military capabilities of states not to mention the impact on the United Nations, being one of the permanent members, making for a visit Abadi important not to be harnessed for specific things." .
He added that "Iraq is part of the quadripartite alliance includes Russia, Iran and Syria to fight Daash and terrorist organizations, and the presence of China as part of this strategic alliance will be a strong impetus for the construction of an integrated and effective security system to Cope with terrorism,
especially after he proved the international coalition led by the United States of weakness and lack of seriousness in the fight against Daash and to minimize the weakest faith of its impact, and what comes from new developments in the so-called Islamic alliance and Mahristith of doubt and suspicion in the real goals. chattels: www.alliraqnews.com/modul...
chattels: Abdul Salam al-Maliki sounds like a Badr faction mouthpiece.
chattels: Deputy: the devaluation of the dinar would adversely affect the low-income and poor class wealthwatch.world/showthr... http://wealthwatch.world/showthread.php?tid=3399
chattels: the Municipality of Baghdad announced the company Zora City Games that the capital will be lit sky with fireworks to celebrate the birth of Prophet Mohammad and the Christmas holiday for the whole week. Muhammed was born in Mecca, now in Saudi Arabia, in the year 570 of the Gregorian calendar.
The precise date of his birth is unclear. However, Sunni Muslims observe Muhammed's birthday on the 12th day of the Islamic month of Rabi' al-awwal, while Shi'a Muslims mark it on the 17th day of this month.
chattels: The word Mawlid, or Milad, depending on the method of transliteration used, comes from the Arabic word for birth and usually refers to the anniversary of Muhammed's birth.
chattels: There are mixed beliefs on how one observes Muhammed's birthday. Some people see the Prophet's birthday as an event worthy of praise. Others view the celebration of birthdays as contradictory to Islamic law.
Both sides cite the Hadith (narrations originating from the words and deeds of the Prophet Muhammed) and events from Muhammed's life to support their views. Mawlid, or Milad, is celebrated with large street parades in some countries.
chattels: However, many Muslims also do not participate in celebrations on this day. Instead, they may mark the occasion by spending more time to read the Koran. Muhammed is said to have been born on a Monday and some scholars see fasting during the hours of daylight on Mondays as another way to celebrate his birth. chattels: www.timeanddate.com/holid...
chattels: (IraqiNews.com) Baghdad – On Monday, Iraqi Commander-in-chief Othman al-Ghanemi announced, that the storming of the city of Ramadi (110 km west of Baghdad) will begin in the coming hours.
Ghanemi said, “The storming of the city of Ramadi, as well as cleansing operations against ISIS elements will start in the coming hours.” On Sunday, Joint Operations Command called the citizens of Ramadi (110 km west of Baghdad) to evacuate it within 72 hours, while pointed out that Iraqi Air Force had dropped leaflets guiding them to safe roads.
chattels: (IraqiNews.com) al-Anbar – The commander of Anbar Operations, Maj. Gen. Ismail al-Mahalawi, announced the liberation of 50 percent of the area of Albu Ziyab north of Ramadi, ............................. www.iraqinews.com/http://www.iraqinews.com/
chattels: Iraq is suffering a severe economic crisis, with oil prices dropping below $40 a barrel recently and costs mounting in the war on the Islamic State, which now controls about a third of Iraq. Austerity policies pursued by the Iraqi government since the end of 2014 have disrupted many investment and service projects, but cultural projects have been affected the most.
For example, the Iraqi government said in August it would begin closing its cultural centers in several European countries. Read more: www.al-monitor.com/pulse/...
chattels: " Iraq is suffering a severe economic crisis, with oil prices dropping below $40 a barrel recently and costs mounting in the war on the Islamic State, ............"
chattels: The % of occupancy of Iraq by DAESH seems out of date, but the economic crisis due to oil prices and the costs of the war on DAESH is real enough I believe. Not to mention the costs of resettlement and reconstruction post DAESH.
chattels: "the organization of the Islamic state has lost 40% of the territory seized by the last year, where it was defeated in Tikrit and Baiji (northern Iraq), and will be defeated in Anbar (west)," pointing out that "what still has the ability to launch some attacks Small, however, that our strikes was able to eliminate 90% of its capacity to export chattels: independencenews.net/ar/%... LINK
chattels: Department of Defense (Pentagon) Stephen Warren, Tuesday, for forced Iraqi forces to withdraw from Ramadi, said Pentagon spokesman Stephen Warren in a press statement: Iraqi troops were forced to withdraw from the gray, and the organization of the Islamic state still has the ability to carry out attacks in certain places.
He called Warren to journalists not to conclude too much about the setback in Ramadi. Stressing: Snstaidha the same way that we restore them slowly but surely other parts of Iraq, and this with the help of Iraqi ground forces and air power to the alliance.
He said Warren: that the process led by the Alliance is a slow process and requires years for its success, stressing that the United States disagree post any faction in Ramadi battle under the banner of the Iraqi government. Warren said: Pentagon welcomes the participation of the popular crowd and any military faction in the war against Daash provided work under the umbrella of the Iraqi forces.
Describing the control of the organization Daash the city of Ramadi as a strategic shift in the war against the regulation point. He and Warren continue to support the Washington Advisory and air forces in the Iraqi city of Ramadi restoration. independencenews.net/ar/%... LINK
chattels: " .............. the process led by the Alliance is a slow process and requires years for its success, ................ "
chattels: The so-called First Deputy President of the Republic Nuri Kamal al-Maliki receives President of Armenians in Turkey Defiance independencenews.net/ar/%... LINK
chattels: Joel Wing @JoelWing2 2h2 hours ago Sadr: Elements of Hashd working with Maliki to exploit Turkey issue for their own political gain www.sotaliraq.com/newsite... …
chattels: TIME TO FOCUS ON THE WARS WITHIN THE WAR AGAINST THE ISLAMIC STATE MICHAEL KNIGHTSDECEMBER 21, 2015 : In Iraq, the solution is arguably simpler, and Washington is already broadly on the right track.
The United States needs to continue providing the strongest backing for Prime Minister Haider al-Abadi, a moderate and a reformer, and for the Iraqi Army, still the most respected national institution in Iraq and the key potential balancer to the Shia militias.
Washington must not abandon Baghdad and attempt short-cut solutions that undermine Abadi and play into the hands of the militias, such as directly arming the Iraqi Sunnis and Kurds.
Washington can still help Iraq to put in place a strong military chief of staff under which command is increasingly unified. The United States can support Iraq in its quest to receive IMF and World Bank funding to weather the storm of its economic crisis.
And the U.S. military can ramp up its airstrikes to visibly help Abadi to deliver further battlefield victories in Ramadi and Mosul. warontherocks.com/2015/12...
chattels: Joel Wing @JoelWing2 43m43 minutes ago Like in Syria Iran trying to build Hashd into indep security force that will outlast current war warontherocks.com/2015/12... …