Go to Comments
More Wednesday News Summaries..
Generals Recommend not to limit the use of force in Baghdad and Washington
A couple of former US Generals are quoted as saying they too recommend limitations being put on the Iraqi use of US military equipment....to fight/combat al Qaeda....and other terrorists that infiltrate into Iraq....that this equipment should not be used in any way that would cause Iraqi's to feel they should politically line up with Maliki....the US is wanting safeguards in place to prevent any of these weapons to be used against US forces or interests.....these two former Generals are no slouches when it comes to military protocol....they fully understand the ramifications of weapons in the wrong hands and the damage that can happen.
Read More Link on Right
A parliamentary committee: the economic and political climate is favorable for the deletion of zeros from currency
It seems that EVERYONE wants to talk today.....what is the topic....the Iraqi currency.....what are they saying/screaming....CHANGE....is coming....maybe not in so many words....but they are shouting to us.....this time the Finance Committee is talking about removing the 000's to reduce the mass of cash.....liberalize the economy from prior constraints...AND enhance the value of the IQD in the IMF.....this is an effort that the IMF has stated they fully support.
Iraqi Finance emphasizes its ability to pay the salaries of state employees until the end of 2014
Family can you say regurgitation.....this says it is yesterday's article....and even as that it is old news being reprocessed.....Finance Committee saying sure we can pay salaries out to the end of 2014.....sure we have money.
Association calls for the central bank Chirvien undo inventory distribution outlets of foreign currency in banks own
The translation here doesn't come across very well.....but one of the banking associations....is now saying that the efforts of the CBI are going against the free market and could put some banks into a monopoly when it comes to foreign currency....this violates efforts to encourage a more free market by all banks....the association spouts the issue of the decline of the Iraqi currency against the USD....I guess that this person did not get invited to Turki's meeting with banks last week....I think he answered many of these questions at that time and the banks felt comfortable about what the CBI was doing....imo.
Iraqi diplomat: Washington refuses to reset the dinar and its biggest loser
We have hunted with this dog before and didn't get anywhere.....what force does Washington have in telling the CBI when or where they can conduct auctions or stop them.....holy Toledo....did you read the last paragraph of this article....I would suggest you reread it slowly.....the Iraqi government has APPROVED a bill to RESET the CURRENCY....this will reduce the money supply....say REMOVE the 000's....and restore confidence globally......this will RESTORE THE IRAQI CURRENCY TO ITS STRENGTH TO PREVIOUS PURCHASING POWER WHICH WAS THREE TIMES THE USD!!!!!
Burhan Mohammed: You must agree on a formula that satisfies everyone to pass the budget
Yet another Kurd that believes they are in the driver's seat....maybe they are....but there needs to be some evidence of negotiations between both sides.....it is not a one way street, despite what American politicians may think....this is not America....get it done right....it seems the Kurds are meeting more with themselves than with Baghdad they need to swap this concept around....imo.
Maliki: if it does not recognize the no budget allocations for pensioners and petrodollars
Maliki issued a warning in his weekly address to Iraqis....that without budget discussions and resolution there would be no provisions for retirees, the petrodollar project, and all projects would be disabled if there is no budget.....he is demanding that Parliament discuss the budget....almost threatening....perhaps there needs to be fines levied again for absent MP's to get people to the table for prudent discussion.
Iraq signs contract with Spain to reclaim Lands project Musayyib great
The Ministry of Water Resources has signed a contract with a company from Spain for reclamation of lands in Babylon along the Euphrates River at a cost of 3.7 billion dollars.
Parliament will vote tomorrow to grant an advance to the Electoral Commission
Money.....we got money....who said there is a shortage.....Electoral Commission you need an advance....how much....we got you covered....so says the Department of Media.....exactly who are these guys and where do they think they are coming up with "advance" money....really.....meanwhile....the Parliament has other business to attend to on their agenda for tomorrow....I wonder after Maliki's little speech today if they will add the budget to the agenda.....probably not.
Iraq officially receives the first fast train from China in a deal for the purchase of ten trains
Makes one wonder where this will be utilized.....maybe in Anbar.....fast track express for terrorists back to Syria....or maybe to shuttle Baghdad elite to their chalets in the Kurdistan....who knows....wonder what justification was made to purchase this...and ten more of them....shaking my head.
Well it seems like an opportune time to break the news summaries again....more to come later Randy
For comment section, please scroll down. Thank you.
This website uses marketing and tracking technologies. Opting out of this will opt you out of all cookies, except for those needed to run the website. Note that some products may not work as well without tracking cookies.Opt Out of Cookies