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Wealthwatch OOTW News & Comments 3-28-16
chattels: Kirk H. Sowell @UticaRisk But, in a "major setback" for Allawi, 1 of his MPs just left ... … Link
chattels: Auction volume is in the low range, but the market rate has risen the past two days and now stands at 1,273
chattels: " next Thursday is the deadline for the government to provide ministerial cabin is considered as a first stage of the reform process and not to be initiated parliament as early as next week to question the prime minister for the delay in providing ministerial cabin. " www.alliraqnews.com/modul...
chattels: Parliament to raise its next Thursday History of edits:: 03/28/2016 13:15 • 130 visits readable Parliament to raise its next Thursday [Oan- Baghdad] lifting of the House of Representatives to its usual next Thursday in which Prime Minister Haider al - Abadi gave submit his booth ministerial www.alliraqnews.com/modul...
chattels: announced deputy from the Kurdistan Alliance said, the alliance did not provide the names of its candidates for the upcoming ministerial cabins, stressing adherence to the current ministers of the Kurds. www.alliraqnews.com/modul...
chattels: "the parliament required to provide the new government Abadi his booth before next Thursday or that he would withdraw confidence from the government" .
Ononotagain: Good morning... if you look at the CBI web site, and leave it in Arabic... then use google to translate (not the English button on the site). There is a lot of new news, and it looks like its going in the correct direction. www.cbi.iq/
luckyinkentucky: only news I want to hear is that they are ready to delete the 3 zeros....lol
Doug_W: AMEN Ky
Donnie: The central bank achieves sale of treasury bonds worth 400 billion dinars
Donnie: The central bank has made Sunday sale of treasury bonds worth 400 billion dinars at a public auction and numbered ( Y18), For the sale of remittances treasury for 364 days, we were sold the full amount Asdarih and the highest price cut of competitive auctions (4.00%), medium yield (4.00%) and won both the public pension body and circle the care of minors, for the full amount Asdarih amounts they gave.
Donnie: ... http://economy-news.net/content.php?id=2625
Donnie: NICE - 400 billion Dinars worth of bonds sold.
Donnie: Iraq's parliament gives PM until Thursday on new cabinet amid unrest
Donnie: * Otherwise Sadrist MPs threaten vote of no confidence * Sadr continues sit-in in Green Zone, supporters outside * Academics, bureaucrats being considered for new cabinet
Donnie: By Saif Hameed and Stephen Kalin BAGHDAD, March 28 (Reuters) - Iraq's parliament on Monday gave Prime Minister Haider al-Abadi three days to present a new non-party cabinet to fight corruption or potentially face a no-confidence vote amid street protests piling on the pressure for action.
A flash on state television called Thursday the "final deadline" for Abadi, who said more than six weeks ago that he would replace ministers with technocrats unaffiliated with political parties.
Yet other politicians, including some within his own party, have pushed back against a reshuffle, fearing it could weaken the political patronage networks that have sustained their wealth and influence for more than a decade. Powerful Shi'ite Muslim cleric Moqtada al-Sadr on Sunday launched a personal sit-in inside Baghdad's heavily fortified Green Zone, which houses embassies and government offices.
His supporters extended a week-old sit-in just outside the district's gates, huddling in tents and under umbrellas in heavy rain. They also demonstrated in the southern city of Basra. Sadr, who commands the loyalty of tens of thousands of supporters, including Shi'ite fighters who helped defend Baghdad against Sunni Islamic State militants in 2014, has re-emerged as a leader in matters of state in recent months.
"If Abadi does not present his new government by Thursday, then he will be questioned in Saturday's (parliamentary session)," said Sadr bloc MP Yasir al-Husseini. "This will be the start of a number of steps leading to a no-confidence vote."
Failing to deliver on long-promised anti-corruption measures could weaken Abadi's government just as Iraqi forces are gearing up to try and recapture the northern city of Mosul from Islamic State.
Donnie: ACADEMICS AND BUREAUCRATS Support in parliament for withdrawing confidence from Abadi did not appear unanimous on Monday. Abbas al-Bayati, an MP from Abadi's ruling National Alliance coalition, said lawmakers would want an explanation for any further delay of reform steps but had not agreed to pursue a no confidence vote. "
Between now and Thursday is sufficient and if he cannot do it by then, he should come and clarify why in order to convince the blocs and the street," Bayati told Reuters. He said Abadi had composed a preliminary roster of candidates for the new cabinet and coalition leaders were consulting with Sunni, Kurdish and other Shi'ite politicians "to create a balanced list that has the standards of professionalism and technocratic experience".
It was not clear which ministers were likely to be replaced but analysts doubted that substantive change was in the works. An U.S.-based Iraqi academic, Abbas Kadhim, tweeted last week that he had been short-listed for foreign minister, and a government source said senior ministry civil servants might be elevated to fill some positions.
Political analyst Fadhil Abu Ragheef said new technocrat ministers would likely come from Iraq's existing parties and blocs. "They will not bring anything new," he said. "This is about changing the facade only; the core will remain the same."
OOTW: HI EVERYONE I JUST POSTED AN ARTICLE FROM STRUAN STEVENSON ON THE RESHUFFLE
OOTW: IT'S A VERY TELLING READ AND IF ANYONE UNDERSTANDS THE SITUATION WITH THE GOI VERY WELL, IT'S STRUAN
Dianne777: ‹@OOTW› good news?4
OOTW: well it outlines clearly the fence that abadi is walking and what he needs to do
chattels: Joel Wing's opinion is as follows :
chattels: With exception of Sadr, Iraq's ruling parties oppose PM Abadi's cabinet reshuffle.
chattels: Sunni parties either want to keep their ministries or only have partial cabinet change. Kurds want 20% of new cabinet.
chattels: Supreme Council, although one of Abadi's main supporters, only wants partial cabinet change.
chattels: Maliki's bloc within State of Law want to bloc cabinet change to undermine Abadi.