Post From Dinar Updates 2-17-16
Chat Room Excerpts & Highlights
Dinar Updates Member Chat 2-17-16 Part 1 of 3
rcookie says(): OK....PENTAGON CONFIRMS SAUDI PARTICIPATION IN BOMBING ISIS LAST WEEK...
angus says(): thats huge rcookie
angus says(): i didn't think they would ever help
rcookie says(): RAMADI RECONSTRUCTION COSTS ESTIATED AT $2 BILLION USD...
rcookie says to angus(): REPORTS THAT KURDS ACCEPT ABADI PROPOSAL TO DELIVER OIL TO BAGHDAD IN EXCHANGE FOR PAYMENT OF SALARIES TO EMPLOYEES....
angus says(): let's all work together and get along.... lol
rcookie says(): Kurdistan government have indicated their willingness to accept the "Abadi initiative" and deliver the oil to Baghdad in exchange for payment of salaries to its employees
Writer: Editor: BK 02/16/2016 23:41 Number of Views: 574
Long-Presse / Erbil Announced that the Kurdistan Regional Government, on Tuesday, its acceptance of "initiative" Prime Minister Haider al-Abadi, on the extradition of its oil imports in exchange for payment of salaries to its employees, stressing the importance of continuing dialogue between Baghdad and Erbil and implementation of the legal obligations on the basis of common interest.
The presidency of the Kurdistan Regional Government, in a statement received (range Press), a copy of it that "the provincial government have indicated their willingness to accept the proposal of the Prime Minister Haider al-Abadi, the private insurance sector salaries province's 1,000,400 thousand people," noting that "the provincial government is willing in return for the
rcookie says(): delivery of All output of the federal government. "
The statement added that "the province a month needs around 890 billion dinars to pay salaries go, including 336 billion dinars for the Peshmerga," noting "the importance of continuing the dialogue and the implementation of legal obligations with the government on the basis of mutual interest and to ensure the legal and financial benefits of federal revenues in accordance with the Iraqi constitution."
The Prime Minister Haider al-Abadi said in an interview with Iraq's official channel, that Baghdad would pay the local government officials in Iraqi Kurdistan, the salaries, if they stopped selling oil to the region outside, noting that the region gets the revenue from the oil issued.
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ol lar says to rcookie(): if true that could be the one piece that really ties things together, passage of last criticle laws and implementation of them to bring in Technocrats to oversee reform implementatoion
rcookie says(): The Ministry of Natural Resources in the Kurdistan Regional Government, said in (the fourth of February, the current 2016), about the rise in oil exports from the region the rate to 601 thousand and 811 barrels per day, in January 2016, after it had been 17 thousand and 755 barrels in December 2015 the past .
The Kurdistan Regional Government, facing a severe financial crisis, as a result of the repercussions of the decline in world oil prices, and the war against (Daash), which led to Shell economic life in the region, and delayed its staff salaries for more than four months (since September last 2015), with its large deductions ranging from 15 to 75 percent of the January 2016 salary, which is spending it in the past few days.
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ol lar says to rcookie(): we will see what tomorrow brings
rcookie says(): The Baghdad and Erbil have reached the end of the year deal last 2014, it stipulates that delivers the Territory and the federal government (oil marketing company SOMO), 550 thousand barrels of oil than those produced from the fields as well as Kirkuk, the Federal Government to take over their share of the general budget of the exchange,
but the agreement did not It stands for long as soon collapsed as a result of "lack of commitment of both sides to implement it," according to released from mutual accusations, although in the current 2016 budget law, which included the renewal of that commitment.
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rcookie says to ol lar(): AGREED...AND WITH FORMATION AND LAUNCH OF NATIONAL OIL COMAPANY...STRENGTHENING OF OIL LICENSING CONTRACTS AND PRIFITABILITY FOR THE STATE...AND THE VEHICLE TO DELIVER THE ROYALTIES TO THE PROVINCES AND CITIZENS BY RATIOS....
ol lar says to rcookie(): yes those things seem to be no brainers in order to insure equitable and timely payments to all involved
rcookie says(): MORE POWER...EFFICIENCY AND PUTS THEM ON SAME PLATFORM OF OTHER MAJOR OIL PRODUCERS WITH NATIONAL OIL COMPANIES....
ol lar says to rcookie(): if they implement the amnesty quickly we could see a very interesting chain of events this weekend
rcookie says(): AMNESTY IS STILL SLATED FOR TOMORROW...FEDERAL COURT FOR MARCH 1ST...
ol lar says to rcookie(): yep
ol lar says(): I thoght there were 3 laws slated for tomorrow?
rcookie says(): BUT THIS IS HUGE AND HAPPENED TODAY AMIDST THE 3 DAY IRANIAN BUSINESS EXHIBITION IN BAGHDAD RUNNING THROUGH TOMORROW...
Risk says(): Postpone general amnesty law for the vote to next week
Wednesday 17 February 2016 | 13:50 | BAGHDAD / ... revealed the legal committee member of the parliamentary honest frankincense, Wednesday, said the committee decided to postpone the presentation of the amnesty law to parliament for a vote until next week instead of on Thursday.
The gum's "Eye of Iraq News," "The Parliamentary Legal Committee after its meeting today decided to postpone the presentation of the amnesty law to parliament for a vote until next week rather than tomorrow, Thursday," noting that "the delay was due to lack Committee agrees fully on Showing law to a vote tomorrow. "
"The general amnesty law will be presented to a vote either for a session of parliament on Saturday or Monday's session."
It is said that the Legal Committee declared that the parliamentary session for next Thursday will vote on the amnesty law. Finished fourth
rcookie says(): AMNESTY & FED COURT WERE TO GO AT SAME TIME IN REPORTS GOING INTO FEBRUARY..
rcookie says(): NOW SATURDAY OR MONDAY..UNBELIEVABLE....
ol lar says to Risk(): those Sheet heads, oh well they always push things to the last min
Risk says(): I've grown accustomed to it...
rcookie says(): WAIT TILL BAX HEARS THIS....
rcookie says(): THE FISH ARE IN TROUBLE...AGAIN....
rcookie says(): THEY ALREADY STATED FED COURT LAW WS TO BE HEARD IN EARLY MARCH..
rcookie says(): Iraq and Iran sign Protocol for cooperation
Economy Since 2016-02-17 at 13:35 (GMT)
Baghdad-the balance news Trade Minister Mohammed sheyaa agency with the Iranian side, a protocol for trade and economic cooperation between the two countries, especially in the area of secure oil material in favour of ration card vocabulary.
Sudan said during a joint press conference with his Iranian counterpart and attended grace/balance of news, "the meeting included strengthening bilateral relations and strategy between the two countries and an agreement on opening the prospects for trade and economic cooperation and securing Iraq's ration card items especially edible oil material".
He said, he "exchanged views on cooperation in other areas and set up joint projects, especially in the field of reconstruction and rehabilitation of supermarkets and stores walsailwat Ministry of trade"
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Risk says(): The beginning of next March .. vote on the Federal Court Act
By Mohammed Emad 17.02.2016 12:38 | Brother - Baghdad
He said deputy head of the parliamentary legal committee Muhsin al-Sadoun that the House of Representatives will vote on the Federal Court Act at the beginning of the next month of March.
Sadoun said that "the differences between the blocs Alsaaaah on some articles of the Law of the Federal Court is still ongoing, making the council to vote on the amnesty law before the vote on the Federal Court."
"The ongoing political blocs Bannagachatha to address the points of disagreement on the Federal Court Act materials," adding that "the vote on the law will be at the beginning of the next month of March."
"The legal committee has reached its final stages offer a general amnesty to vote the law," pointing out that "it is unlikely that the parliament will vote on the law in its session next Thursday."
rcookie says(): He stressed, "the trade protocol will be a positive impact on the economy of the two neighboring countries, stressing Iraq's keenness to establish better relations with neighboring countries, especially the Islamic Republic of Iran", pointing out that "Iraq and Iran have distinguished relations in many fields."
And between "the Commerce Department has a broad work sector particularly in the areas of investment and development of economic relations with regional countries and the world and is located on its own secure ration card vocabulary to the Iraqi people," pointing out that "the Ministry sought to overcome all constraints associated with processing contracts and worked on a new approach to medium-term and long-term".
He noted that "the Ministry within the State to support the private sector worked in partnership creation and rehabilitation of some factories to ensure eligibility for domestic product ration vocabulary, as well as contracting with factories as vegetable oils and
rcookie says(): THERE IT IS...
rcookie says(): "The Ministry of Commerce imported annually 400 tons of oil for distribution to citizens within a ration card and seek to secure this article through outsourcing with known origins, especially from Iran and Egypt and Ukraine due to the reluctance of wenkol some companies contracted by the Ministry with it already and are companies from Turkey, the United Arab Emirates, Australia and Lebanon and was placed on a blacklist for depriving them of hiring any future Ministry", adding that "the agreement with the Iranian side which will ensure the limits of 10,000 tons of This article is for Iraq. "
The meeting also discussed cooperation in trade and economic fields, especially in trade in construction materials and support national industry, "adding that" there is a mechanism for cooperation to assist the Ministry in rehabilitating Companies central markets and stores of the Ministry walsailwat. finished 29/4 e
http://www.microsofttranslator.com/b...25B1%25D9%258A bad link
Read More :http://www broken link
rcookie says to Risk(): WHAT DO YOU THINK RISK....
Risk says to rcookie(): "adding that" there is a mechanism for cooperation to assist the Ministry in rehabilitating Companies central markets and stores of the Ministry walsailwat. finished 29/4 e
Risk says to rcookie(): Free trade between regional countries.....Article 8 should be at hand
angus says(): so it sounds like Iraq and Iran are getting pretty tight.
rcookie says to Risk(): THEY ARE CALLING THESE STRATEGIC AREAS RIGHT OUTSIDE OF BORDER CHECKPOINTS..."TRADE ARENAS"...
rcookie says to Risk(): QUICK FACT...THEIR TRADE IN 2015 WAS 15 BILLION...WITH IRAN UNDER SANCTIONS....
angus says(): I still find it interesting with everything that has happened with Iran and sanctions lifting.... just sayin
angus says(): and where we are and how fast things seem to be happening with Iraq now.....
angus says(): just my 2 cents worth.
rcookie says to angus(): IRAN JUST SHIPPED ITS 1ST OIL TO EUROPE (4 MILLION BARRELS) IN 3 YEARS....
angus says(): Fox Business is talking about OPEC members are in Iran now
rcookie says to angus(): AND THEY WERE THE ONLY COUNTRY TO VOTE AGAINST PRODUCTION FREEZE OF JANUARY LEVELS...
THEY WANT TO RAMP PRODUCTION...AND RECOVER MARKET SHARE...
rcookie says to angus(): RUSSIA AGREED.....VENEZUELA...
angus says(): but the demand is not there right now is it?
rcookie says to angus(): NO...
rcookie says to angus(): BUT WHEN HAS COMMON SENSE EVER BEEN A FACTOR....
angus says(): the world is needing a swift kick in the back side to get it going
angus says(): common sense is not common an
rcookie says to angus(): IRAN HAD A STATED SHORT TERM POST SANCTION GOAL OF 500,000 BARRELS...THEY ARE AT 400,000 PACE NOW...
angus says(): I was hoping for the little magic pill but I don't know if it is there...
angus says(): they should be at that easy then.... wouldn't you say>
rcookie says to angus(): THERE SHOULD HAVE BEEN A PRICE SPIKE IN ANTICIPATION OF THE PRODUCTION FREEZE AGREEMENT...BUT COUNTERBALANCED WITH IRAN OUT OF EQUATION AND OIL HITTING MARKETPLACE....
Glory Boy says(): Off subject and from this article the other day: Abeche today Dollar Iraqi Dinar Fixed for 25 years, 70 dinars and 800 fils per $ 100
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Glory Boy says(): I calculate it at 70 dinar + 800 schillings (8 dinar) = 78 dinar = $100?
Glory Boy says(): $100 divided by 78 = $1.28/dinar
clay says to Glory Boy(): would be a nice start ty
Glory Boy says(): That sort of fits with Poppy's comment of it needing to be above $1.25 or so.
Glory Boy says(): Thanks. Gotta run.
rcookie says(): WAS THAT THE SAME DAY HOLLYS CONTACT STATED CENTRAL WERE USING STABLE EXISTING 1-1 EXCHANGE RATE...
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