Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Late Sunday 8-13-17
ELG1964: This may have some info on the DTC,,The Direct Registration System (DRS) enables investors to hold their assets in book entry form directly with the issuer by leveraging DTC's connectivity. http://www.dtcc.com/
Cree: GA all
Cree: So what did everyone thing of Kaps call yesterday?
tman23: @Whitelions ... No reason to debate what is not understood........ The coming days will provide the answers .....
Baxter: I liked Kaps call myself...
Baxter: I dont think you can argue his stance on the 2% requirement... seems IMF is going to stand firm on this...
MichelleL: anyone here?
MichelleL: I applaud your willingness to listen to another 2 hour call, Baxter - I couldn't even listen to myself for that long ;)
Meatball: i cant believe there still selling zim
Jo: @Meatball Agree
Meatball: a little research goes a long way
Meatball: better off investing in McDonalds Szechuan sauce lol
Meatball: 15 grand for a bottle of the stuff..... unbelievable
Cree: @Meatball Hey all
Cree: @Meatball On the Zim , if you get the lower demons - great wallpaper for the bathroom....
Jo: @Cree tacky
Cree: @Jo hey its better then thinking peole are silly enough to buy Zim as an investment
Jo: true lol
Cree: @Jo Actually, it is sad. I have one friend who less ten a year ago spent $300.00 on Zim. I tried to tell him it was a dead currency, but he a lower income and his dreams got the better of him'
RickeyT: @Cree people were silly enough to buy the dinar
Cree: @RickeyT Ok but there may or may not be some reality there.... But the Zim. Not sure which GURU's pump the Zim still, but they caused this. People wo can't afford it are motivated to waste their money.....
Cree: @RickeyT how many people are reading what we write here so bought Zim and feel silly but still dream....
Meatball: Question is.... how many think the zim is a payday
Cree: @Meatball too many. Not the question, but the problem is too many people are so desperate that they believe in these False prophets, called GURU. Problem is all the blogs print all the GURU BS and think it is real, want it to be real, need for it to be real. They do not have much and then they buy zim and have less......
Meatball: @Cree very true
Cree: @Meatball I only wish that there was a way to get to people who have not bought zim yet and tell them the truth.... But we can only help those who want to be helped....
Meatball: @Cree again true.... hopefully his site helps somewhat
Cree: @Meatball Amen to that.....
Meatball: @Cree patience is gonna be your best friend
Meatball: @Cree try not let the frustration get the best of you
Cree: @Meatball I agree. I started walking as that is all I can do.... Life is boring but there is a future as long as I do not do anything studip
Meatball: @Cree I don't take you as being such
Meatball: @Cree day at a time... all you can do
Cree: @Meatball :) thanks again but we all do stupid things at times.... Most of my friend are either outdoors people which i canoot do anything with them now or party people and I cannot do that either
Cree: @Meatball I'll make it to the finish line. but it is a long ways form now....
Meatball: @Cree all you can do is make the best of it
Cree: @Meatball :
Cree: @Meatball :)
Cree: @Meatball your so right
Meatball: @Cree finish lines are meet one step at a time
Cree: @Meatball So what did everyone thing of the Kap conference call?
Meatball: @Cree lol... didn't get to listen was tied up with work
Meatball: @Cree from what I gather some liked it many did not
Whitelions: Parliamentary Change: The delegation of the region is "partisan" and does not represent the will of the people of Kurdistan
The parliamentary bloc of change, on Monday, that the party delegation that is visiting Baghdad does not represent the direction and will of the people of Kurdistan, noting that any decision taken by the delegation is not binding.
"The Kurdistan region is going through a difficult political and economic stage, which requires finding an appropriate formula for dialogue with a view to resolving the outstanding issues between the region and Baghdad," said the head of the bloc, Sarwa Abdul Wahid, in a statement received by Mawazin News. "We hoped that this dialogue would be through national institutions Which called for the Movement for Change to be established years ago. "
She added that "party delegations that visit Baghdad to negotiate with the federal government does not represent the direction and will of the people of Kurdistan, and therefore will not succeed in achieving the aspirations of the people of the region to solve the problems rooted since 2003."
She added that "the party delegation, which is currently visiting Baghdad as well as it does not represent the political reality of Kurdistan is not entitled to speak on behalf of all the people of the region, because it did not come within the legal context and does not represent a legal entity or a national institution.
" The head of the bloc, that "any decision taken by this delegation is not binding for us, because we are not part of this policy is wrong, which does not believe in institutions, but prefer the policy of chaos and impose the will on others," expressing the refusal "to be transferred purely national issue, In determining their fate to a party or personal goal. "
She pointed out that "the body entitled to represent the people of Kurdistan is the parliament of the province, which is still disabled and the government of the region paralyzed by a decision of Massoud Barzani for more than two years." "It is necessary to start a new era of negotiations between Baghdad and Erbil on all outstanding issues and through constitutional institutions and legitimacy.
Spectra: The Executive Directors agreed on the overall line of assessment of the Fund's experts, welcoming the policies developed by the authorities to deal with the shocks of armed conflict with the Dahesh organization and the resulting humanitarian crisis and the fall in oil prices.
"The outlook for growth is likely to be positive in the medium term, but the medium-term outlook remains highly volatile due to volatile oil prices, security instability, political tensions and weak management capabilities."
Managers emphasized the importance of implementing structural reforms to improve the investment climate, diversify the economy and achieve sustainable growth, and call on the authorities to undertake a comprehensive reform of public finance management, including regular inventory replenishment, payment of arrears and improved commitment to expenditure and cash management to prevent new arrears from accruing. Managers also emphasized the importance of addressing weaknesses in management capacity and data availability.
In addition, the implementation of the budget-sharing agreement between the federal Government and the KRG would put the two Governments in a better position to deal with shocks. The fall in oil prices has caused Iraq's international reserves to fall from $ 54 billion at the end of 2015 to $ 45 billion by the end of 2016.
There is still pressure on public finances, with the government deficit increasing from 12% of GDP in 2015 to 14 In 2016 despite ongoing austerity measures, due to lower oil prices and increased spending on humanitarian and security needs. It is anticipated that the next Article IV consultations with Iraq will be held in accordance with the decision of the Executive Board on the consultation process with member countries associated with agreements with IFAD.
Article IV of the IMF Agreement provides for bilateral discussions with member countries, usually on an annual basis. A team of UNFPA experts visits the member country, collects
Spectra: The Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Iraq, under which the Iraqi economy is assessed.
"The outlook for growth has been positive over the medium term, and growth will be driven by the moderate increase in oil production, the recovery of non-oil growth, supported by the expected improvement in security conditions and the implementation of structural reform measures," the IMF said in a statement.
"The risks remain very high, mainly due to volatile security conditions, political tensions and weak policy implementation." The fund supports Iraq through its three-year standby credit facility of SDR 3.831 million (US $ 5.380 billion), equivalent to 230%
Spectra: International Monetary Fund calls on Iraq to share its budget with Kurdistan
MichelleL: @RickeyT good morning! I'll ask my husband - your bbq on Saturday?
RickeyT: @MichelleL yes ma'am. Bring fishing poles and grand kids also!
MichelleL: Hope you have good luck with that, no matter what Rickey!
Whitelions: Big risks await the Kurdistan region in the event of separation http://www.mawazin.net/uploads/files/2017/August%20-%208/14-8/%D8%B3%D8%B3.jpg The UK's Economist magazine saw a referendum on Kurdish independence for Iraq as a major risk.
The magazine pointed out that the development of a huge new statue of a Peshmerga soldier overlooking the field of Baba Korkor oil near Kirkuk, is a clear indication of the ambitions of Iraq's response to the establishment of an independent state beyond the borders of their historical land, to include some of the richest oil fields of Iraq. A referendum scheduled for Sept. 25 is believed to be another step for the Kurdistan Regional Government (KRG).
But, according to the Economist, the timing of the referendum raised controversy, especially because of the lack of clarity of the steps to follow, and to some fear that the vote on independence to violent reactions by the Baghdad government, and by neighboring countries.
Since gaining autonomy in 1991, the Kurdistan Regional Government has enjoyed a number of features of an independent state, including the army, parliament and its own online dominance.
After Baghdad abstained in 2014 from paying the region's budget allocations, the KRG began selling its oil independently of the federal government.
Whitelions: The magazine draws on "Arbil access to additional resources a few months after the Iraqi army fled from the oil area inside and around Kirkuk, when approaching the elements of the city of Daash, and then was given the task of fighting the Pasha on the shoulders of the Peshmerga forces, which led the task bravely.
Still, some Kurds see the timing of the quest for independence as premature. "At first we need Kurdish unity and some sort of understanding with Baghdad," says Mahmoud Osman, a Kurdish politician.
Economist points out that "the Peshmerga forces are a unified force only on paper, where the loyalties of their fighters are divided between the ruling KDP and the opposition represented by the Patriotic Union of Kurdistan." Parliament has not been convened since 2015, when Massoud Barzani, president of the Kurdistan region, extended his term for a second term, sparking violent protests and leading to a political impasse.
Some see the referendum as an attempt by the Kurdistan Democratic Party to get popular support ahead of elections in November, according to the magazine.
The magazine pointed to the failure of the economy in the Kurdistan region in light of the decline in oil prices, and the departure of a large number of foreign companies that poured into the region more than ten years ago, and because of the war on Dahesh. But opponents of the government there say government deficits and rampant corruption are the biggest causes of the region's faltering economy.
According to the Economist, there is also the issue of the city of Kirkuk, which includes the majority of Kurdish, but also the home of a number of Arabs and Turkmen, and valued by all because of its rich oil.
By annexing Kirkuk to its territory in its referendum next month, the Kurdistan government hopes to start its claim to the Kurdish city. "If people say yes, that means they have decided Kirkuk to be part of Kurdistan," said Ribwar Talabani, head of the Kirkuk provincial council.
RickeyT: @MichelleL It appears that we will have around 150 people here. Silent auction also
Whitelions: However, as the magazine notes, non-Kurdish residents are planning to boycott the referendum. "Our future with Iraq is not going to be recognized," said Hassan Turan, a Turkmen parliamentarian.
Winning other regional powers will also be more difficult. Turkey is still fighting local Kurdish militias and has launched air strikes against Kurdish forces in Syria. Ankara opposes any Kurdish independence for fear of encouraging local separatists. Iran is also more opposed to such a move for the same reasons. Even the closest allies of the Kurds advise them to postpone the referendum.
America fears that this will lead to unrest in the rest of Iraq, weakening the country's prime minister, Haider al-Abadi, and hampering the war on a daisy.
Whitelions: The Article just shows how the rest of the world is looking at this .
MichelleL: sounds like quite a crowd, if we do come, we will did up a few "silent auction" items for you too ;)
RickeyT: @Whitelions still a bit unsettled there
chattels: Kurdistan Israel’s Netanyahu supports independent Kurdish state: report By Rudaw
chattels: ERBIL, Kurdistan Region – The Prime Minister of Israel has reportedly expressed his support for an independent Kurdistan. Prime Minister Benjamin Netanyahu expressed a “positive attitude” towards an independent Kurdistan state emerging out of northern Iraq, according to a report in the Jerusalem Post on Sunday.
He made the comment in a meeting with a visiting delegation of 33 US Republican congress members, telling them the Kurds are a “brave, pro-Western people who share our values.”
chattels: Kurdistani referendum delegation to meet with PM Abadi, VP Maliki in Baghdad By Rudaw http://www.rudaw.net/english/kurdistan/140820171
chattels: BAGHDAD, Iraq – The Kurdish delegation tasked with holding the first official discussion with Baghdad regarding the independence referendum is scheduled to meet with Iraqi Prime Minister Haider al-Abadi, and Vice President Nouri al-Maliki, a member of the delegation told Rudaw.
chattels: Maliki and Abadi are from the ruling Dawa Party. Maliki is the head of the party and also the head of the Shiite State of Law parliamentary coalition. He has made his views clear that he is against the referendum, and even at one stage hinted at using military force to stop the Kurdish plans.
RickeyT: @chattels gonna break out the mustard gas again
chattels: The delegation has prepared a lengthy report chronicling about 50 articles of the Iraqi constitution that Erbil says have been violated by Baghdad, mainly Article 140 that concerns the disputed or Kurdistani areas claimed by both governments, and the budget cut by Iraq since early 2014, with the latter masterminded by Maliki.
chattels: ................ it is unlikely that they agree to the Kurdish demands since they consider the referendum to be“unconstitutional.” Abadi has called the Kurdish vote unilateral, unconstitutional and one that Iraq does not engage with its outcome. He had said that he would welcome the Kurdish delegation. The then-PM Maliki decided to cut the budget of Kurdistan in 2014 as Erbil planned to export oil produced in the Region independent of Baghdad.
PM Abadi did not roll back the decision despite having friendlier relations with Erbil, including military co-operations that reached its peak when the Iraqi and Peshmerga forces launched a joint operation, backed by the United States, resulting in the full liberation of Mosul in July.
Spectra: @chattels they are meeting today with bagdad right
chattels: The delegation met with Barzani, and a statement from the Kurdish Presidency following the Saturday meeting said that they will negotiate “political issues, future relations between the [Kurdistan] Region and Baghdad” during their visit to Iraq’s capital. One item that is not up for discussion is the timing of the vote, Dakhil had said.
chattels: @Spectra So the reports have said.
chattels: The arrival of military forces to the outskirts of Tal Afar
chattels: Military forces arrived at the outskirts of Tel Afar district west of Mosul in preparation for a battle to liberate the gangs of the terrorist. "The units of the armored vehicle division and the elite forces are moving towards Tal Afar and are stationed in their combat positions in preparation for the next liberation battle," Federal Police Chief Major Raed Jawdat said in a statement.
Prime Minister Haider al-Abadi announced last week to set the zero hour and the date of liberation Tal Afar and participate in the popular and tribal crowd. A spokesman for the international coalition said the battle would not be easy but it will not be more difficult than the city of Mosul, ..............
chattels: It is now one month since Mosul was declared liberated in full.
chattels: A little history lesson on Iraq, very succinct and readable. Iraq History Timeline
chattels: Sunday, August 13, 2017 Post Mosul Liberation Day 32-33 Aug 11-12 2017
chattels: A source told Al-Akhbar that the Tal Afar operation wouldn’t kick off until after the Eid al-Adha holiday at the beginning of September. That seems incredibly late. Most of the forces are in place, so a start within a few days or weeks would seem more practical.
RickeyT: @chattels to boot isis?
chattels: @RickeyT Yes
chattels: Now that Mosul is freed many politicians are trying to settle scores with their rivals. This has occurred in other liberated provinces such as Anbar and Salahaddin. The result has been deadlock, which undermines governance and reconstruction, which are the two most important elements necessary for a successful post-IS environment. Instead politicians are more interested in jockeying for power.
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