Abraham: Tariff's are put in place for an income stream, protection and control
TxBrand: ‹@Abraham› It makes goods higher but safer right ?
Abraham: Yes and it is an asset to your GDP
Abraham: if used correctly it protects your manufacturing Industry from dumping of products from other Countries
Abraham: It allows a country to better access what industries are viable for tax incintives by comparing labor cost as against raw materials
Abraham: Foreign companies will want tax incentives but the key is what is the labor percent as against raw materials.
Abraham: Tariffs are foundational to a market economy
Abraham: The basic needs of individuals are taxed at a much lower rate than luxury items which is fair
TxBrand: ‹@Abraham› cool ty for explaining it
UNEEK: ‹@Abraham› ty
EdoBini: Imposition of tariffs without increase in their currency rate or make it International will encourage the populace to revolt
MichelleL: I'm all for increasing their currency rate! here here lol
MichelleL: hello friends, hope everyone is having a nice Sunday afternoon - too hot for us here, we'll spend our time in the shade if we venture out again
EdoBini: The UNSC will be lifting the Iran Sanction tomorrow or so, lets hope Iraq CBI will now be free to enter Article 8 and bring its Currency to International markets
TxBrand: ‹@MichelleL› :smile: here here
OOTW: OKAY ABRAHAM WANT TO TAKE A LOOK AT THIS THREAD AND GIVE ME YOUR THOUGHTS?
] OOTW: wealthwatch.world/showthr... http://wealthwatch.world/showthread.php?tid=1190
OOTW: OOOPS HE'S GONE
OOTW: I MISSED THAT
OOTW: ANYWAY THE ABOVE IS MY LINK , DISCUSSING PRIVATE SECTOR DEVELOPMENT AND THE GURU REPORTED FORECAST THAT THE DINAR WILL TAKE TWO TO FOUR YEARS TO GET TO ONE DOLLAR
MichelleL: ‹@OOTW› you been talking to kxxxxxx? lol
MichelleL: I'll take it, start me at 10 cents, 20 cents, fine, just get it started already lol
] OOTW: WHAT ABRAHAM NEGLECTED TO STATE IS THAT THE SJC REMOVED THE REGULATIONS/BUDGET AMENDMENT OVERSEEING TAXATION OF LUXURY ITEMS..
BECAUSE, I THINK IF THE TARIFF'S ARE GOING INTO EFFECT AND ALREADY HAVE SET RATES DETERMINED FOR TAXATION, THIS AMENDMENT WOULD BE A MOOT POINT,
HENCE JUSTIFYING THE SJC'S REASONING FOR REMOVING THIS BUDGET ITEM
OOTW: ‹@MichelleL› THAT MEANS HE THINKS THAT THE PRIVATE SECTOR WILL DEVELOP (HE'S INSINUATING) ONLY A CERTAIN PERCENTAGE THE FIRST YEAR,
THEN ONLY A CERTAIN PERCENTAGE THE NEXT YEAR, AND SO ON AND SO ON..
AND HE KNOWS EXACTLY WHAT THAT AMOUNT IS , AND THAT THIS IS THE ONLY/SOLE FACTOR IN DETERMINING THE VALUE OF THE IQD
MichelleL: are these tariffs going into effect like a VAT tax or how?
OOTW: NOTHING TO DO WITH GOLD OR PRECIOUS METALS RESERVES, LITTLE TO DO WITH OIL, LITTLE TO DO WITH JOB CREATION (NOT JUST A PRIVATE SECTOR DERIVATIVE) ETC....HE HAS BLINDERS ON
OOTW: AS USUAL
MichelleL: OOTW no one knows exactly what the amount is - even a dweeb like me got that far
OOTW: YOU'RE NO DWEEB MICHELLE..JUST THE OPPOSITE, BUT WAIT...WHAT'S A DWEEB ANYWAY?
MichelleL: this weekend I'm a real dweeb OOTW lol
OOTW: BUT NOT ABOUT YOU NOT BEING A DWEEB
MichelleL: I really must look it up in an urban dictionary from like 30-40 years ago
OOTW: a boring, studious, or socially inept person.
OOTW: OKAY, SO I MEET THE FIRST HALF OF THAT CRITERIA
OOTW: I'M HALF A DWEEB
MichelleL: lol me too
MichelleL: i do like the socially inept part
MichelleL: slang : an unattractive, insignificant, or inept person
sczin11: ‹@MichelleL› THESE ARE TAXES AND DUTIES ON all goods... VAT IS MOSTLY EUROPEAN UNION...BUT ALSO A FINAL TAX AT SALE
Doug_W: ‹@MichelleL› <<neomaxizoomdweeby
OOTW: THANKS SCZIN11 - SORRY MICHELLE I FORGOT TO REPLY TO THAT, BUT SCZIN'S GOT IT DOWN, AS USUAL
MichelleL: sort of like every blind date my mother tried to throw me on in my life? lol - these guys were such dweebs, hair would grow out of their palms - thank goodness I ran away from home and joined the circus
MichelleL: thanks Sczin
MichelleL: Thanks OOTW - uh - you too Doug
OOTW: MICHELLEL LMAO
MichelleL: funny thing was I always met people - family had a different idea on who was a "good catch" than I did lol
OOTW: OH, AND I FORGOT TO SAY TO ABRAHAM..THANK YOU SO MUCH, YOUR CHAT WAS VERY INFORMATIVE
MichelleL: Tx is it as hot there as here? its absolutely awful and only a couple of blocks from the gulf too
chattels: good afternoon all
TxBrand: ‹@MichelleL› I have not been outside ..but it says it is 93 here
TxBrand: ‹@MichelleL› I think we found our house... that's what I have been doing... will look at it this week.
chattels: ERBIL, Kurdistan Region – US-led coalition bombings on the outskirts of Mosul, the Islamic State (ISIS) group’s stronghold in Iraq for more than a year, destroyed a weapons depot and killed many of the militants, a Kurdish Peshmerga official said Sunday.
“The coalition warplanes conducted four airstrikes on an ISIS weapons depot on the Badoush heights and many other bases on Sunday at 3:00 pm (local time) near Eski Mosul on the western Dijla front,” said Brig. Dilshad Maulood, a senior Peshmerga media officer.
The militants sustained heavy casualties, he said, without specifying how many.
A coalition statement on Saturday said that, over the past 24 hours, warplanes had carried out 15 airstrikes against ISIS in and around Mosul, destroying many positions in the town of Tal Afar and northeast of Mosul.
chattels: rudaw.net/english/middlee... http://rudaw.net/english/middleeast/iraq/190720152
plowboy: afternoon folks
[05:04:16 PM] chattels: Kurdistan Alliance bloc said it supports the direction the federal government and the Kurdistan Regional Government to find a new formula serve the parties with respect to the oil agreement.
A member of the cluster Muhsin al-Sadoun in a press statement transferred reporter (and the Iraqi News Agency Information / INA) , said that previous versions of the agreement the oil between the federal government and the Kurdistan Regional Government have witnessed many stops,
and the deal is difficult for the Kurdistan region and also the government was unable to fulfilling financial obligations.
He added Sadoun We are looking for new formulas to achieve the purpose of which will be the largest financial revenue of the federal budget and thus bypass any future dispute between the parties. "
chattels: al-iraqnews.net/new/newws... http://al-iraqnews.net/new/newwss/political-news/158562.html
chattels: Courtesy of the IQD Team
plowboy: just saw what KXXXXXXXX said, "they on the right track now. I am hopeful that within a few years we will see a 1 to $1 rate."
chattels: ‹@plowboy› I am in 'till the end, be it sooner or later
plowboy: ‹@chattels› :shocked:
chattels: ‹@plowboy› :)
faith: A few years..... :blink:
chattels: Bayan Sami Abdul Rahman, the Kurdistan Regional Government’s (KRG) Representative in Washington DC, said there is a growing recognition among US leaders “that Iraq cannot return to a centralized form of government.”
sczin11: ‹@plowboy› PLEASE READ wealthwatch.world/showthr...
chattels: Recently, Kurdish President Masoud Barzani met with top US officials. One of the reasons he was in Washington was to discuss the issue of Kurdish independence. What was the US government’s stance on this issue?
chattels: The US government continues to pursue policies aimed at maintaining a unified federal Iraq. However, both within the US Administration and Congress, there is a better understanding of Kurdish aspirations for self-determination than there was previously. There is also a recognition -- even if it isn’t always voiced -- that Iraq cannot return to a centralized form of government.
chattels: In your opinion, what is the biggest US misconception?
] chattels: Kurdistan is part of Iraq and is in the Middle East and in the minds of many Americans. Iraq and the Middle East mean violence and chaos. One of our objectives is to bring more American political and business leaders and journalists to Kurdistan, to show them the reality -- that Kurdistan is stable, friendly and open.
chattels: ‹@sczin11› whasup ?
chattels: ‹@sczin11› You counting down to August 1 ?
OOTW: plowboy please see this thread
OOTW: wealthwatch.world/showthr... http://wealthwatch.world/showthread.php?tid=1190
OOTW: sorry i think that's the same thread sczin showed you
chattels: ‹@OOTW› it is
chattels: ‹@OOTW› Do you disagree with Kap's timeline ?
chattels: I know that you take some issue with the content of his post
sczin11: ‹@chattels› NO NOT COUNTING DOWN, YET VERY CURIOUS...AND ANXIOUS TO SEE THE OUTCOME
chattels: ‹@sczin11› Unless and until there is greater control of the Syrian border, I doubt that the tariffs can / will be implemented. We shall see.
chattels: Could such control be accomplished by the 1st ? Possible, but unlikely, IMO.
chattels: I expect to see an effort to " close " or control the Syrian border as the beginning of the " battle for Mosul ".
vtech: they will never ever ever give the world any clue as to when
vtech: news is a game
vtech: a wicked very sick game
chattels: the battle for the hearts and minds of the Mosul civilian population is begun and ongoing and we are seeing strategic attacks upon the perimeter of Mosul
chattels: i have been anticipating a coordinated effort by the Peshmarga upon Hawija and recent reports suggest that a softening of the DAESH forces has begun through U.S. air strikes
chattels: I do not profess any military expertise, but I am more than interested and I have tried to stay " informed ". I concede that if the news reports are deceiving than I am likely deceived.
chattels: Deutsche and Goldman ignite an oil war in Kurdistan John Dizard
chattels: The KRG asserts that it has the right to export oil from fields that have been developed by companies with whom it has production-sharing agreements.
chattels: High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email email@example.com to buy additional rights. www.ft.com/cms/s/0/6b707e... The Baghdad government says the regional government does not have that right, and that all receipts for oil produced within Iraq’s boundaries must be paid into accounts it has approved. Kurdistan retorts that the central government has an obligation under the Iraqi constitution to pay it 17 per cent of the entire country’s oil receipts and that it has not done so. That is true.
chattels: High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email firstname.lastname@example.org to buy additional rights.
www.ft.com/cms/s/0/6b707e... There can be different opinions on which government is morally in the right, or which one would ultimately prevail after years of litigation. From the point of view of shy, passive bondholders, it would seem that too many foreign courts or potential foreign oil customers have tended to defer to Baghdad’s sovereignty.
chattels: For now, at least, the US government is taking Baghdad’s side, and they control the dollar clearing system.
chattels: Baghdad and Kurdistan must come to terms. They probably will, after Ramadan and the summer market pause.
chattels: High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email email@example.com to buy additional rights. www.ft.com/cms/s/0/6b707e... The Republic of Iraq, whatever its other problems, has very little foreign debt, rising oil production and no significant international legal disputes.
It has parliamentary authorisation to issue international bonds. Baghdad needs to make a long-term financial arrangement with Kurdistan. The minister of finance of the republic, Hoshyar Zebari, is a Kurd.
chattels: Select the Iraqi Parliament Speaker Salim al-Jubouri, next Saturday as the date for the next parliamentary session. Statement of the Office Jubouri said he identified "next Saturday, corresponding to 07/25/2015 as the date for the next parliamentary session."
He added that al-Jubouri called on council members to "attend the hearing as scheduled, and follow-up materials on the agenda."
The Council held its fourth legislative term of the first parliamentary session of the third second legislative year, on the fifth of July of this, to disable its meetings shall thereafter because of the Eid al-Fitr.
chattels: wealthwatch.world/showthr... http://wealthwatch.world/showthread.php?tid=1181
chattels: Courtesy of sczin11