Post From Wealthwatch.world Chat Room 12-1-15
News With Links & Discussion
Wealthwatch Tuesday Chat 12-1-15
chattels: The US administration has been trying to influence PM Abadi to accept the Sunni demands but he proved unable to “sell” it to the various Shi’i political circles. Unless he manages to do it, the prospect of liberation or “conquest” of Mosul, Falluja, Ramadi and other parts of the Sunni area from ISIS by Shi’i troops under Iranian command is far from being a good solution.
The US will have to provide air support for the Shi’i troops and the Hashad in reoccupying the Sunni areas. This, too, is problematic because they will appear as allies of Iran and enemies of the Sunna. NATO troops doing the same work (however unlikely such a development is) will be accepted more readily by the Sunni population, but without guarantees from Baghdad for Sunni political rights, as soon as the foreign troops leave another insurgency will erupt.
The US needs to take advantage of the fact that Iraqi Shi’is prefer that the Iranians stay in Iran, and to bear in mind that it has pressure points in Baghdad. It needs to apply much more pressure to meet the Sunnis’ (and Kurds’) minimal demands. After ISIS conquered Mosul from Maliki’s corrupt and degraded Iraqi national military it became clear that the highly-centralized Iraq was dead. The question is: can a decentralized Iraq still survive. chattels: wealthwatch.world/showthr. http://wealthwatch.world/showthread.php?tid=3123
chattels: Parliament rapporteur: Amendment discuss the budget session next week " ....... to discuss parliament in its meeting next week to amend the draft next year's budget law in 2016."
chattels: "There are a lot of controversial laws can not talk about it before sitting the political blocs with the presidency of the parliament to plan and agree to be included on the agenda," Mushir out that "the most important now is to complete the budget bill because there are some discussions around ".
chattels: " The Parliament discussed the budget, but there is an amendment will come a supplement from the government to cut costs, as there is a proposal in the parliament of the Finance Committee to cut costs and also the most important point must be accomplished before the end of this year or the beginning of next year. "
chattels: He guessed Youkhana " to resolve the budget before the end of this year ",
chattels: .............. adding that " the problems in the budget clear and old dividing them oil between the center and the region related, and the second subject of the displaced and T_khasasathm and allocations of the popular crowd and forces and security of the Peshmerga, the military and these points will discuss Parliament resolved. "
chattels: " the problems in the budget clear and old dividing them oil between the center and the region related, and the second subject of the displaced and T_khasasathm and allocations of the popular crowd and forces and security of the Peshmerga, the military ..."
chattels: " There are a lot of controversial laws can not talk about it before sitting the political blocs with the presidency of the parliament to plan and agree to be included on the agenda,
OOTW: controversial because they threaten to allow corrupt politicians to go to prison
OOTW: fairly curious that several news agencies have not posted any significant amount of articles for the past two days
OOTW: HERE'S THIS FROM THE SJC SITE
OOTW: Baghdad / JAMC Criminal Court in Karbala sentenced in absentia to 7 years in prison and former Trade Minister Abdul Falah al-Sudani tea after being convicted of a corrupt file. Judge Abdul Sattar Bayrakdar spokesman for the judiciary, said that "the Court of Criminal Karbala held its suit and looked fugitive Abdul Falah al-Sudani, which was formerly a minister of trade."
Bayrakdar He continued that "has been sentenced to seven years imprisonment for tea corrupt issue," pointing out that "the decision was made in accordance with Article 340 of the Penal Law No. 111 of 1969". The spokesman explained that "The Court also upheld the seizure decision issued against movable and immovable property".
OOTW: AND HERE'S THE TITLE ON THIS SAME JUDICIAL PRESS RELEASE, FROM THE JUSTICE NEWS - " 11/30/2015 - who continue to have confidence in the judiciary Mahmoudi, Medhat al-Mahmoud Abdul-Falah al-Sudani, who fled with the accused Nuri al-Maliki announced the official situated sentenced to 7 years, after six years of his escape - Justice News"
OOTW: I CONTINUE TO REMAIN OPTIMISTIC RE THE POTENTIAL INCREASE IN VALUE OF THE DINAR, PRIMARILY DUE TO THE FACT THAT THE LEGISLATION FOR THE 2016 BUDGET ENDORSES IMPLEMENTING THE TARIFFS
OOTW: AGAIN,,,WE WAIT
chattels: I believe in divine intervention.
OOTW: YES, THAT WOULD BE DIVINE
OOTW: I HOPE IT HAPPENS
chattels: but not much in fraternal benevolence / human nature
OOTW: NO TOO MANY IN POWER WITH EGO BASED AGENDAS
*SCZIN11: The Iraqi dinar exchange rate options
*SCZIN11: dir=ltr][dir=ltr][dir=ltr][Image: 57932.f68bdcde67ebec2a7633b41a83b07218-300x178.jpg] In light of the suffocating financial distress taking place in the Iraqi economy because of the large decline in oil prices, and experts concerned to discuss the most appropriate option to determine the dinar exchange rate.
The Iraqi parliament discussed before the possibility of lowering the dinar-dollar exchange rate by 10 percent to 1300 dinars to provide the general budget of 5 trillion dinars ($ 4.2 billion), or down 20 percent to 1400 dinars to provide nine trillion dinars. There is no doubt that reducing the rate of the dinar was any additional resources will provide the public budget because it will increase the amount of the Iraqi dinar,
which you get by the Ministry of money in exchange for the replacement of its revenue from oil or foreign loans in dollars with the Central Bank.
But artificial way to increase government resources at the expense of citizens. Valmtdharr is normal especially those with limited income citizens will drop as the purchasing power of their incomes, especially prices of imported goods, as creditors will be affected in the local currency, including the Iraqi government bondholders at home.
*SCZIN11: READ WHOLE ANALYSIS wealthwatch.world/showthr. http://wealthwatch.world/showthread.php?tid=3126
chattels: said Assistant Secretary-General for Humanitarian Affairs in the United Nations Kyung-wha Kang, said that "Iraq faces the most dangerous crises in areas of tension in the world."
chattels: "It pointed out that" The United Nations estimates that there are now more than 10 million people in need of some form of humanitarian assistance, as displaced nearly 3.2 million Iraqis since January 2014, and suffer the humanitarian response efforts in Iraq from a severe lack of funding.
chattels: " RV " tomorrow ! :)
chattels: Judiciary: retrieval of 36 billion dinars, the central bank in 2655 and artifacts from abroad :: 2015/12/1 12:34 • www.alliraqnews.com/modul...
chattels: "Head of the Supreme Judicial Council Judge Medhat al-Mahmoud visited on Tuesday the headquarters of the resumption of the Federal Rusafa Court ........... "
chattels: Guess he , Medhat al-Mahmoud , did not retire in November, eh ?
Doug_W: sure looks that way
chattels: Oil Ministry announced, all recorded an unprecedented increase in oil during the last month of November, to reach 3.3 million barrels per day.
chattels: " Iraq has been unable to export through the northern port of Ceyhan Turkish port due to the Kurdistan region's commitment to the agreement the oil and the loss of Iraq to rate export of 550 thousand barrels per day.
chattels: "He stressed that" national production rate of Crude oil except for the Kurdistan region stood at three million and 657 barrels per day, ".
chattels: " due to the Kurdistan region's commitment ( probably " lack of " ) to the agreement the oil "
Doug_W: IF Bagdad wold pay them.....
chattels: neither has performed
Doug_W: soo then we have two negative performances does that equal a Positive LOL
chattels: Currency Auctions Announcement No. (3085) The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 1/12/2015 and the results were as follows: DETAILS NOTES Number of banks 25 Number of remittance companies 18 Auction price selling dinar / US$ 1166 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 188,066,465 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 188,066,465 Total offers for selling (US$) -----
Doug_W: If they keep selling they keep "bleeding" IMO
chattels: 3085 ........ 01-Dec..........1,214 ................ 1,166
Donnie: 30 Nov 2015 12:50 UTC - 1 Dec 2015 12:56 UTC USD/IQD close:1108.3 low:1108.0 high:1109.0 www.xe.com/currencycharts...
Donnie: ^^^ was just yesterday.
Donnie: Here is a week: 24 Nov 2015 12:00 UTC - 1 Dec 2015 12:58 UTC USD/IQD close:1108.3 low:1105.6 high:1110.5
Donnie: is a Dinar rate (substantial) increase part of the reforms?
chattels: Pearl wins $2 billion ruling against KRG Tankers carrying liquid condensates derived from natural gas leave the Khor Mor facility in Iraqi Kurdistan, January 2013. (JACOB RUSSELL/Metrography/Iraq Oil Report) An arbitration court ruled the KRG owes the Pearl gas consortium nearly $2 billion for past production, but enforcement will be difficult and more legal battles loom, including KRG counter claims. www.iraqoilreport.com/new... LINK
chattels: UNAMI @UNIraq 4h4 hours ago #Iraq:UN casualty figures Nov 2015: 888 Iraqis killed; 1,237 injured in acts of terrorism, violence & armed conflict chattels: twitter.com/JoelWing2
chattels: Joel Wing @JoelWing2 13m13 minutes ago Iraq has suffered thousands more casualties which govt has kept under wraps to maintain morale musingsoniraq.blogspot.co... …
chattels: Joel Wing @JoelWing2 14m14 minutes ago Kurds admitted to keeping 1979 Peshmerga dead & 9919 Peshmerga wounded secret musingsoniraq.blogspot.co... …
chattels: Najaf / National Iraqi News Agency / nina / cleric Muqtada al-Sadr said America will not immerse troops in Syria for fear of Vietnam's new but immerse other countries to do so. Sadr said in response to a question about the possibility of sending US troops to Syria, he was " According to the current political rules .. that America will not immerse troops in Syria for fear of (new Vietnam), so they immerse policies and some other countries in the quagmire of Syria " chattels: wealthwatch.world/showthr...