Donnie: Dr. al-Jubouri, calling on the government to fortify the Diyala province from slipping into what is not pleased and prevent exposures to civilians 07/22/2015 The President of the House of Representatives Dr. Salim al-Jubouri on Wednesday, a message to the people of Diyala province,
inviting them to patience, fortitude and miss an opportunity to the enemies and stand as one with the security services and their leaders Alemtemthleen commander of operations and chief of police and the commander of the fifth division and Bmeithm of brave soldiers.
President al-Jubouri, stressed in his letter that Bani Saad hand hit the finest examples come together in clans and stability and developed social and communication given to during the last period after it was immune to terrorism of penetration.
The government also called for sovereignty to fortify this province from slipping into what is not pleased by the intensification of security support and prevent exposures of civilians and the implications on the unsuspecting. The following is the full text of the message
Donnie: read the rest here: ar.parliament.iq/LiveWebs...
TxBrand: ‹@JT.Colorado› your vw
Donnie: KRG: Arbil, however, will not remain captive Baghdad and exported more than 11 million barrels since the beginning of July Read more: www.sotaliraq.com/mobile-...
Donnie: Wed Jul 22 2015 3:42 p.m. | (Voice of Iraq) - Sulaymaniyah, Kurdistan Regional Government confirmed on Wednesday that it would not remain "captive
However," Baghdad with respect to the oil file, but pointed out that they were issued during the first 19 days of the current month of July more than 11 million barrels of oil, while regretted sending Baghdad billion and $ 800 million just from the region benefits amounting to six billion dinars during the first six months.
A spokesman for the Kurdistan Regional Government Sven Dzia, in an interview for a number of Kurdish media that "the region will not be captivated Baghdad,
however, after now in relation to the oil file, because the lack of Baghdad's commitment to oil Convention concluded between them paid for the export of oil independently. "
He Dzia "regret for sending Baghdad has billion and $ 800 million out of six billion dinars in the first six months of this year, is the Kurdistan region benefits, "asserting that" money is not enough to cover the ongoing work and the needs of the region expenses. "
He attributed Dzia reason "to take the territory of its political decision on the export of oil to the world markets for financial source securing necessary to provide services to citizens, especially the budget for the provision of salaries of employees in at the time,
"adding that" the region was issued during the first 19 days of this month, more than 11 million barrels of oil to the world market directly. "
He stressed Dzia "Government of the Territory's commitment to the principle of negotiating with Baghdad dialogue to reach a suitable agreement in the interest of all parties and that benefit everyone in line and the current reality. "
It is noteworthy that the federal government signed with the Kurdistan Regional Government, in (the second of December 2014 the past), the Convention requires that the Kurdistan Regional Government to export 550 thousand barrels of oil per day from fields and fields of Kirkuk,
Donnie: for sending The federal government's budget territory amounting to 17 percent of the general budget, but that agreement collapsed after the two sides exchanged accusations over the lack of commitment to them.
The Kurdistan Regional Government confirmed, in (the 17 of June 2015), it will be forced to take legal ways to address the financial and economic crisis in the region , if "Baghdad did not comply with" the budget law, and has then to export oil directly without handed over to the Iraqi Marketing Company (SOMO).
The cell governmental crisis, confirmed Wednesday, (15th of July the current 2015), on the need to adhere to the Convention on the delivery region oil quantities Kurdistan oil and entitlements under the law of the federal budget for the current year 2015. Add Read more: www.sotaliraq.com/mobile-...
Doug_W: not here...the Kurds N Bagdad
Donnie: i can't blame the kurds for trying to help their own people when Baghdad won't send them the money owed them.
Doug_W: not ONE bit Donnie
Donnie: i don't fully understand why the Kurds haven't split before. why do they need Iraq?
Doug_W: my thots again Donnie
Donnie: ACTUALLY, IRAQ IS THE OIL MARKET'S BIGGEST PROBLEM Iraq, July 21, 2015 There’s a bigger threat to oil prices than Iran. Iraq. Last week, Iran struck a nuclear deal with several world powers that, among other things, will end an oil embargo and allow the country to increase production for export.
Analysts have begun to worry that the extra supply — estimated at up to 400,000 barrels per day by Goldman Sachs — could worsen the already flooded market. In a note to clients on Friday,
however, JP Morgan analysts found that Iraq is a bigger, more immediate concern to the market.
The firm wrote (emphasis added): Iran’s agreement with the P5+1 solidifies the case of increased production in Q1.
However, it is arguably additional supplies from Iraq that are pressuring world oil prices more than Iran at this juncture. Iraqi production has risen consistently over recent quarters, but surged ahead in 2Q2015 prompting us to conclude that Iraq will likely overtake Saudi Arabia as the biggest contributor to OPEC growth this year.
The full potential of Iranian oil exports is not expected within the next year, because the production infrastructure still needs to be brought back to life. And so Iraq’s surging production is a more immediate threat to oil prices, which fell for a third week in a row last week.
On Monday morning, West Texas Intermediate crude futures were slightly lower, and fell to around $US51 per barrel. Writing to clients on Friday, Deutsche Bank’s Michael Hsueh noted that Iraqi output surged to a record high of 4.1 million barrels per day in June.
“In comparison to other OPEC members, this means that Iraqi excess production at 920 kb/d above its inferred Oran Agreement quotas is second only to Saudi Arabia at 1,670 kb/d above quota,” Hsueh wrote.
Donnie: KURDISTAN SAYS IT HAS NOT EXPORTED OIL VIA BAGHDAD IN JULY
Donnie: Iraq, July 21, 2015 The Kurdistan Regional Government (KRG) has not exported oil through the Iraqi central government in July and continues to sell oil independently, a senior Kurdish official said on Sunday. Spokesman Safeen Dizayee told NRT the KRG is still hoping to solve the budget and oil-revenue sharing dispute with Baghdad, and that negotiations are still ongoing.
“Despite the halt of oil exports via Baghdad, the negotiations are continuous and it is expected that Baghdad will send a delegation to the Kurdistan Region,” Dizayee said. Concerning the KRG budget for June, Dizayee said Baghdad has yet to transfer funds, and it is unclear when or how much of a payment Erbil will receive.
Kurdish officials maintain that Baghdad has not sent Erbil its fair share of the federal budget under a revenue-sharing agreement struck in December 2014, but Iraqi officials have accused the KRG of not transferring enough crude oil to the Iraqi State Organization for Marketing Oil (SOMO).
Erbil has independently exported up to 600,000 barrels of oil per day (bpd) since June, Dizayee told Bloomberg News earlier this month. Officials in Baghdad consider all oil sales outside of SOMO to be illegal, but Kurdish authorities say they have resorted to independent exports to make up for a growing budget deficit.
Head of the Natural Resources Committee in the Kurdistan Parliament, Sherko Jawdat, said the KRG independently sold over 12.6 million barrels of oil in June in an attempt to solve the region’s financial crisis.
Independent sales in May alone brought in $750 million in revenue for the region, which is hosting over 1.5 million refugees and displaced Iraqis, as well as fighting a war against Islamic State (IS) militants that is entering its second year.
Donnie: This is very interesting if it's really true.
Donnie: Don't hold back lady. Tell us how you really feel and SHE DOES!!! www.billoreilly.com/video
OOTW: GREAT INFO DONNIE - TYVM
Donnie: Iran scored a major under-the-radar economic victory in the nuclear deal ARMIN ROSEN Jul. 22, 2015, 7:58 AM
Donnie: Last week's historic nuclear deal between a US-led group of countries and Iran is intended to impose a combination of stockpile limitations and intensive monitoring that keeps the country one year away from producing a single nuclear weapon for a period of at least 10 years.
But this achievement came at the price of having to dismantle a global sanctions regime intended to maintain the international community's leverage over Tehran.
Not every aspect of the sanctions regime is equally painful for Iran, something that gave the US and its partners a certain flexibility during negotiations. UN sanctions authorizations have been superseded by the Security Council's endorsement of the deal on Monday.
But US sanctions, which have global reach and far more intense legal sting, won't be lifted until Implementation Day, the agreement's phrasing for the point at which Iran is deemed to be in compliance with its requirements under the agreement.
Donnie: But the most important part of the sanctions regime offers no such leeway. As Mark Dubowitz and Jonathan Schanzer of the Foundation for Defense of Democracies explained in a piece published Sunday in Foreign Policy,
Iran's main sanctions-related negotiating objective wasn't the ability to transfer its $150 billion in frozen assets into convertible currencies, or even access to lucrative European and Asian markets.
Instead, it's the ability to use the global financial transfer mechanisms established and maintained in the Society for Worldwide Interbank Financial Telecommunication, or SWIFT. Read more: www.businessinsider.com/i...
Donnie: or here: www.businessinsider.com/i...
Donnie: Saudi Arabia, usually considered a close ally of the US, plans to invest ten billion US dollars in Russia in the coming years. The agreement between Saudi Arabia and Russia is a sensitive geopolitical setback for the United States, DWN wrote.
Donnie: Saudi Arabia and Russia are expanding their economic cooperation. The Saudis have signed a statement of intent, according to which they will invest ten billion dollars in Russia over the next five years, the newspaper reported. View from Kingdom Tower in Riyadh, Saudi Arabia.
© FLICKR/ STEPHEN DOWNES Spending Big: Saudi Arabia Works Towards Building Nuclear Capabilities The focus of the investment projects lies in the fields of infrastructure and agriculture, as well as medicine, logistics, trade and real estate.
The money will be provided by Saudi Arabia's Public Investment Fund (PIF) and will be distributed by the Russian Direct Investment Fund (RDIF) to corresponding projects.
The Saudi Prince Mohammed bin Salman bin Abdulaziz al-Saud proposed the deal during a personal meeting with Russian President Vladimir Putin at the Economic Forum in St. Petersburg in June, RDIF’s head Kirill Dmitriev said.
This is the biggest commitment of a foreign investor since the establishment of the Fund, he added. The deal has surprised international experts as Saudi Arabia and Russia are direct competitors in the highly competitive oil market. Moreover, Saudi Arabia is a close ally of the United States.
Taking into account the recently extended sanctions against Russia, the US is likely to watch the deal with suspicion, DWN wrote.
Donnie: Why It Is Time To Invest In Iran – Analysis
Donnie: July 22, 2015
Donnie: By Manoj Joshi* Almost everyone is agreed that the recent Iran-US nuclear deal has opened up a raft of opportunities for India – economic and geopolitical – as well as other countries. But major obstacles still remain, primarily the political divisions in the United States.
quicktolegit96: DONNIE I AGREE
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