Post From Wealthwatch.world Chat Room
News With Links & Discussion
Wealthwatch OOTW & Member News & Comments 3-01-16 Part 1 of 2
lonegunman: Revaluation of Iraqi Dinar is the Center of Latest Iraq News
lonegunman: The infrastructure of Iraq is badly affected by the invasion of US armed forces in 2003. Everything was destroyed because of surgical attacks made by US Army and its alliance. Since then the country is the center of sad news.
We hear bad news of killing and bomb blast on almost every day. Moreover the ISISI has become one of the worst terrorist organizations operating in Iraq against the government. Iraq is facing heavy losses because of these attacks on the government machinery and they are therefore the center of latest Iraq news.
lonegunman: Along with all those critical situations in the country the economic condition of Iraq is improving with the every passing day. Some massive investments have been seen for the last 6 years in the country.
The Iraq is now free from international sanctions imposed by United Nation. After free from chapter 7 sanctions 7, Iraq has authority to do any kind of business with the any other country. Oil is the backbone of Iraq economy.
Now the country is free to sign any contract with the any other country to search or export their crude oil anywhere in the world. Large number of oil exploring companies is operating in the country in the different areas to find the new oil fields.
lonegunman: There was a time when making investment in Iraq was more than a tough job. You had to fulfill too many requirements and legal formalities to open a new business in the country. But now the situation is completely different.
The government of Iraq has given special authorities to the governor of the province to sign any oil and other business contracts without prior permission of the government. All of these soft conditions are to ensure the foreign investment in the country.
These special authorities have attracted many of the international investors to the country to make heavy investments in different sectors of the country. The cottage industry of Iraq is also improving with the heavy investments in the domestic industry of Iraq. This is one of the biggest point and addition in the latest Iraq news that cottage industry of the country is also improving very fast
lonegunman: People have made heavy investments in the Iraqi dinar with the expectations that it will be revalued in the near future and they will be billionaire. The investors in Iraqi dinar include not only common people but the retired army officers of Iraq war.
They believe that Iraqi dinar will be revalued in the next few years and they will earn more than anyone else in the world. The best example of Iraqi dinar revaluation is the Kuwaiti Dinar revaluation that occurred in 1990 and people who invested in the Kuwaiti dinar became billionaire over night.
Many of the international banks are also interested in Iraqi dinar purchase and they are the big investors of Iraqi dinar as well. The Noor Al Maliki administration was major hurdle in the revaluation of Iraqi dinar because of dispute with Kurdistan.
Kurdistan has major role in the revaluation of Iraqi dinar and its resolution to pass. The supreme leader of Iraq has taken action against Noor Al Maliki and the government was dissolved. Now new administration is now in the power and they are taking initial steps to complete revaluation process.
This can be very big and latest Iraq news. People are waiting for the completion of this procedure for revaluation of Iraqi dinar in next few months. The dinar gurus believe that revaluation of Iraqi dinar will surely occur at the end of 2016. We must have to wait if we have some dinar to be billionaire in the next few months. Share
lonegunman: The supreme leader of Iraq has taken action against Noor Al Maliki and the government was dissolved. Now new administration is now in the power and they are taking initial steps to complete revaluation process. This can be very big and latest Iraq news.
People are waiting for the completion of this procedure for revaluation of Iraqi dinar in next few months. The dinar gurus believe that revaluation of Iraqi dinar will surely occur at the end of 2016. We must have to wait if we have some dinar to be billionaire in the next few
lonegunman: BILLIONAIRE !!1 come on just would like a very modest return
Tootsie: Parliament reveal the names of the deputies will discuss defining the mandates of the three presidencies [/font] Baghdad-Iraq Press -1 March / March: Iraqi Council of Representatives begins its meeting on Tuesday to discuss the phenomenon of repeated absences of the members of the council.
And includes the agenda of the meeting , according to the statement of the information department "absent Names and Gaabathm reached the last limit and MPs who have exhausted their vacation, in addition to a code of conduct of Deputies about what comes out of the behaviors or actions or matters relating to parliamentary convention."
He pledged Parliament Speaker Salim al - Jubouri, in the 18th of February to disclose the names of the deputies in the current legislative term and waved to withdraw from membership exceeded the allowable limit. "
This includes Tuesday 's session agenda also "vote on the draft and imports of municipal law, and considering the appeals filed on membership of some members of parliament 's health, also includes the first reading of the draft law on ratification financial agreement relating to a loan of the World Bank submitted to the Republic of Iraq dated 02/03/2014 law."
Parliament will also discuss a draft law defining the mandates of the three presidencies, and the draft law on ratification agreement on economic and technical cooperation between the Government of the Republic of Iraq and the Government of the State of Kuwait ".anthy
Tootsie: ]Pentagon: Battle of Mosul, began to advance and study the Iraqi plan to release it[/font] 1 March / March: Chief of Staff of the US Army Staff General Joseph Dnford said, " The battle of Mosul has begun in advance, noting that the leaders of the US Department of Defense, studying Iraqi plan for the Liberation of Mosul."
This came in a press conference held by both US Secretary of Defense Ashton Carter and Odnford, on Monday evening, where the latter said : " The Iraqis have put their plan, and they gave to Gen. Sean Mkvrland commander solid determination operations (military operation launched by Washington in the international coalition against Daash in Iraq and Syria) . [b]"he[/b] continued Dnford" studying the Iraqi plan, and we are working with the Central command Central American army to the region, to provide recommendations on what we can do.
[b]"he[/b] refused to Chief of staff, set the date or period of time for the start of operations in Mosul, but he stressed that it" has begun in advance , or in other words, we are isolating Mosul, at this moment, which is the same thing that we do in tenderness (stronghold Daash in Syria) now, so this is not going to happen in the very distant future.
[b]"For[/b] his part, US Secretary of defense Ashton Carter, in the press conference, said he had asked the US Congress to "speed up operations against Daash support for increased funding in the budget submitted to Congress in 2017, and asked for the allocation of $ 7.5 billion, which is equivalent to 50% more than last year 's budget ($ 5 billion) . " wealthwatch.world/showthr...
Tootsie: Iraq calls upon the United Nations to document "Daash" crimes March 1, Geneva -arac Press -The Iraqi government demanded that the United Nations and its organizations in the field of human rights, the organization has documented "Daash" crimes in Iraq, and exposed to the international community and to deny him the status of Islam.
The Minister of Justice Haider Zamili, in a word Iraq in front of a high - level meeting of the session the 31 of the United Nations Council for Human Rights, the need to "focus on the plight of more than three million displaced Iraqis and to highlight their suffering as a result of their displacement from their cities occupied by Daash gangs and directly eliminate hold accountable any hand prejudice to human rights and the rights of civilians in the forefront , "he said , adding that" the preservation of the rights of minorities through the provision of necessary for the various places of worship and protection work on the legislation and amend the laws under which they get their cultural rights and economic and social profile. "
The minister made a clarification on the impact of the threat of terrorism on human rights, pointing out that "regional security crisis and its impacts on human rights will be wider than the Iraqi national scale."
The human rights intergovernmental body within the Council of the United Nations system responsible for the consolidation of all and protect human rights in all parts of the world. And it holds its meetings at the United Nations Office at Geneva, consisting of 47 members of the United Nations elected by the General Assembly of the United Nations state. The Human Rights Council replaced the former Commission on the United Nations human Alansan wealthwatch.world/showthr...
OOTW: GM EVERYONE! OOTW: WE HAVE A COUPLE ARTICLES WHICH HAVE COME OUT - WHICH ADD WHAT SEEMS TO BE A SOMEWHAT CONCLUSIVE STATEMENT, OR, AT LEAST PLANS, ANNOUNCED BY THE CBI TO CARRY THROUGH WITH THE FIVE STEP PLAN
OOTW: THE FIVE STEP PLAN IN WHICH THERE WAS A CHAT HELD, OVER THIS PAST WEEKEND
OOTW: I'M GOING TO BRING IN A FEW QUOTES
OOTW: BEFORE I POST, I ENCOURAGE YOU TO GO INTO THE FORUMS AND READ THE ENTIRE THREAD - THIS WILL MAKE IT EASIER FOR YOU TO SEE THE (POTENTIAL) PROGRESSION
OOTW: HERE IS THE THREAD LINK wealthwatch.world/showthr... http :/ /wealthwatch. world /showthread . php? tid=4137
OOTW: HERE'S THE FIRST TITLE
OOTW: Central calls for wide participation for the success of the donors' conference: an opportunity for the country's stability
OOTW: He called Keywords private banks to "not to give the opportunity to attack them by closing loopholes and full compliance with the instructions of the Central Bank and to focus on dollar selling process should not be a target for speculation," and urged private banks association "to put that issue at the forefront of their concerns in this particular circumstances."
OOTW: THE CBI SEEMS TO NO LONGER WANT TO SUPPORT LARGELY INFLATED PRICES FOR CITIZENS TO BUY THE DOLLAR
OOTW: NEXT ARTICLE - THERE WERE SEVERAL OF THESE WITH THE SAME OR SIMILAR TITLE, RELEASED TODAY
OOTW: Keywords: our ultimate goal of financial stability 2/28/2016 0:00BAGHDAD - Hussein al - Tamimi Tgb Shokran Fatlawiconfirmed d. On the Keywords that the Central Bank is working to be the first institution in Iraq , using the best technologies and regulations governing the work of the banking sector.[font=tahoma]
He added Keywords Speaking on the sidelines of a seminar of the Institute of progress for Development Studies addressed the strategic central bank:the strategy launched by the Central recently , were the first in the history of Iraq in terms of content and method of preparation, as the first plan went through all the stages that require going through the plan, noting that he will be an active and a real role on the ground it has been adopted for implementation and follow - up mechanisms.
OOTW: Central functions he said the strategy announced took into account expansion in the framework of the central functions and emerged from our perception of the economic framework of the country after the shift to a free market economy and the significant role that will fall on the private sector in the joints of the management of the economy, pointing out that they were built according to the preamble to the central bank law aimed at price stability and achieving sustainable development.
OOTW: REPEAT "the management of the economy, pointing out that they were built according to the preamble to the central bank law aimed at price stability and achieving sustainable development."
OOTW: WE HAVE SEEN SEVERAL ANNOUNCEMENTS THAT THE TARIFFS WILL BE INSTALLED
OOTW: OVER THE PAST MONTH, I HAVE SEEN SEVERAL GOVT PRESS RELEASES NOTATING THE WORK OF THE FINANCE COMMITTEE, FOR ONE, WORKING ON THE LAUNCHING OF THE PRIVATE SECTOR
OOTW: THE CBI IS STATING THAT THEY NEED TO ACHIEVE PRICE STABILITY FOR THE DINAR IN ORDER TO LAUNCH AND SUPPORT THE PRIVATE SECTOR
OOTW: quoted the central focus on monetary policy to other aspects, pointing to cooperate with the Iraqi private banks association to foster awareness and education campaign targeting the Iraqi street , the importance of banking transactions. Mehdi al - Hafez said in his welcoming speech to the need to look at the subject of Alstrtejah launched by the Central Bank for five years and announced the Keywords, referring to it is rich in substance go banking work in the right direction in the future.
a positive step , in turn , said Ali Tariq , executive director of the Association of private banks in Iraq: that the launch of the strategy at this time is a positive step task will determine the vision of the Iraqi Central Bank,
OOTW: THE MOST IMPORTANT FACTOR OF THIS SECTION IS THAT THE VISION OF THE CENTRAL BANK IS TO BE LAUNCHED, TO SUPPORT THE SERVICES TO THE CITIZENS
OOTW: in addition to the central plans towards the banking sector, noting to contained many points aimed at the development of the banking private sector, pointing to the willingness of the Association to cooperate in the paragraphs that need to be combined private banking efforts with the Central Bank of the application.
OOTW: THEY'RE GOING TO MAKE SURE ALL OF THE BANKS ARE WORKING TOGETHER WITH THE SAME GUIDELINES
OOTW: defining roles returned Governor of the Central Bank says that among the strategic objectives of financial stability where we read on the challenges facing this side and we seek to put her plan in collaboration with several views and defining roles and establishing a basis for the evaluation of assets is an important financial institutions and their role in the face of financial crises.
OOTW: EVALUATION OF ASSETTS
OOTW: calendar banks on the subject of censorship , he said: it is an important aspect of the work of central banks, pointing to the hiring of an international center to evaluate the banks in terms of the physical aspects, warning of the importance of protect the financial system , where it is exposed to crimes such as money laundering, referring to the exceptional effort in the preparation of money based laundering law on the basis of international standards to be acceptable at the international level.
OOTW: REMEMBER THAT THE AMNESTY LAW HAS BEEN UNDERGOING REVISIONS
OOTW: AND THAT THE AGREED UPON ARTICLE REQUIRING REVISION, IS ART 8, WHICH ADDRESSES NAMING MONEY LAUNDERING , COUNTERFEITING, ETC AS FRAUD AND A CRIME –
FOR WHICH ONE CAN BE PROSECUTED (FOR ONE ASPECT OF SECTION/ART 8 OF THIS LAW)- THE AML HAD VAGUE LANGUAGE RE THIS AND SO THE AMNESTY AND ANTI MONEY LAUNDERING LAW (AML) NEED TO WORK TOGETHER TO SUPPORT THE ABILITY TO PROSECUTE THE GUILTY
OOTW: YESTERDAY, WE SAW ARTICLES STATING THAT THE AMNESTY LAW IS NOW REVISED AND READY TO BE PRESENTED TO THE HOR (SEE THIS WEEK'S GOVT THREAD HERE wealthwatch.world/showthr... )
Comments may be made at the end of Part 2 Thank You