Post From Wealthwatch.world Chat Room 9-18-15
Wealthwatch Member Chat 9-18-15 Part 2 of 2
*SCZIN11: HAVE YOU SEEN THE MOVE OF THE COUSIN OF MALIKI, TO THE SJC, BY MAHMOUD NO LESS...
disciple7: hahaha agreed
*SCZIN11: LOTS OF INFO IN THE FORUM
disciple7: ‹@*SCZIN11› yes whats that mean?
newbieDA: for once I didnt mind them breaking ll
*SCZIN11: HERE IS THE LINK
*SCZIN11: wealthwatch.world/showthr... http://wealthwatch.world/showthread.php?tid=2236
newbieDA: ‹@*SCZIN11› ya saw them chipping away at Maliki henchmen
newbieDA: bringing down what they can
*SCZIN11: WELL, AT FIRST THOUGHT, WE WOULD HOPE THEY DONT WANT TO FOOL AROUND, AND THY WANT TO MAKE SURE THE SUPREME COURTS HANDLE THE CASE
newbieDA: ‹@*SCZIN11› nice rant yesterday by the way
disciple7: ‹@newbieDA› hopefully more immediate movement after their break..
*SCZIN11: BUT THE SKEPTIC MIGHT OPINE,MAHMOUD WANTS CONTROL SO HE CAN TRY AND WASH THE CASE UNDER THE TABLE
*SCZIN11: BEING A MALIKI SUPPORTER
disciple7: ‹@*SCZIN11› that's what I was thining
*SCZIN11: ‹@newbieDA› TY
disciple7: how could you not think that way? Mahmoud is a lying dog
newbieDA: ‹@*SCZIN11› they are bringing down his base people, doing what they can to get to Maliki, they are achieving taking him down
*SCZIN11: THE HOPE IS, THE EYES OF THE WORLD ARE ON AND IN IRAQ
*SCZIN11: AND ANYONE WHO WANTS TO TRY AND SAVE FACE, AND THEIR FUTURE, MAYBE EVEN THEIR LIVES, WILL DO THE RIGHT THING
disciple7: ‹@newbieDA› why would Mahmoud wanna take M down? their buds
disciple7: ‹@*SCZIN11› agreed im hoping for that
newbieDA: I want that to pass and they are double checking now make sure everyone passes it now
disciple7: ‹@newbieDA› im hoping investment comes after break
disciple7: and some serious pressure on Reconciliation
*SCZIN11: IF U READ THE LAST POST IN THE THREAD ABOVE, JUST POSTED IT THIS AM, IT IS QUITE TELLING AND CONNECTING MALIKI TO HIS COUSIN IN SOME WAYS
*SCZIN11: THIS MAY BE THE START
newbieDA: notice is HAS BEEN on the agenda, not just within the news, very impressive, it'll pass here soon
disciple7: ‹@*SCZIN11› hey turn the key and START IT UP!!! im ready..
newbieDA: ‹@*SCZIN11› they have a trail, maybe a couple forming now
*SCZIN11: AND IF U READ THE RELIGIOUS LEADERS STATEMENTS TODAY...WELL,, THEY ARE SAYING THE BIG WIGS MUST BE BROUGHT DOWN NOW
*SCZIN11: THAT IS MY TAKE ANYHOW
disciple7: ‹@newbieDA› itll look like the Oregon Trail by the time their finished with it
newbieDA: I never really got into Maliki, I have to follow your advice and leads, so keep me posted
*SCZIN11: YES, THERE IS OBVIOUSLY A PLAN, AND I AM CERTAIN ABADI AND HIS LEGAL TEAM HAVE LAID OUT ONE THAT HOPEFULLY CAN NOT BE UNRAVELLED
newbieDA: when Maliki was PM, I just put all this away in a shoebox lol this year keeping notes
newbieDA: ‹@*SCZIN11› Parliament will be voting on eliminating the VP's here soon
disciple7: Maliki will fall.. I believe that with all my heart.. I just hope its sooner than later.
newbieDA: they are prepping for that, taking down some people too in the Maliki camp in the process
*SCZIN11: ‹@newbieDA› MALIKI MAY FALL OR FLEE WAY BEFORE PARLIAMENT GETS THRU THAT VOTE..JMHO
newbieDA: just as long as he outta the picture r n the run, I dont care, hate the man
disciple7: ‹@newbieDA› he needs to e arrested or worse.. if hes free he'll always be a problem.. hes blood hungry for power
newbieDA: I am looking for the Investment Law to pass now, and would be nice to see the Federal Court Law
disciple7: ‹@newbieDA› time will tell.
newbieDA: I happy the AML law passed, just amazing thats over with
disciple7: ‹@newbieDA› onto the next one
newbieDA: I do see the Investment Law son
*SCZIN11: I BELIEVE THE AML LAW FORCES THEM TO PROCEED WITH PROSECUTION OF THE CORRUPT...OTHERWISE THE WORLD WILL SEE THEM NOT ABIDING BY THEIR OWN LAWS,
AND WILL RUN THE OTHER WAY..THEY MUST PRACTICE WHAT THEY PUT INTO LAW... THE REASON, IMHO, WB SET THE BLACKLIST DEADLINE SO TO SPEAK
newbieDA: we should hear from alot economist this week on the economy, maybe some 50k articles, hopefully some articles on secuirty
newbieDA: ‹@*SCZIN11› its just a bunch of legal terms if you saw, they did not have to help stop corruption basically
chattels: BAGHDAD, Iraq – The Islamic State group (ISIS) claimed responsibility for a pair of suicide bombings on Thursday that shook the Iraqi capital and killed at least 24 people.
The radical group posted a statement on various websites, claiming that two of its suicide bombers had targeted police and the pro-government Shiite militia, known as Hash al-Shaabi.
Hospital officials said at least 121 people, some with life threatening injuries, were being treated after the explosions in the Wasba and Bab al-Sharji districts of Baghdad. ISIS has in the past two years claimed responsibility for a series of attacks on both government forces and civilians, including a supermarket bombing last month in which 67 people were killed.
The new wave of bombings comes weeks after the government announced it will open the heavily fortified Green Zone district in Baghdad where most official institutions are based, for easier public access.
disciple7: Im hoping corruption is dealt with by end of year..
chattels: rudaw.net/english/middlee... http://rudaw.net/english/middleeast/iraq/18092015
newbieDA: seems Iraq had a bunch of national legal terms, but no international legal terms to help them, with corruption and to recover money
newbieDA: thats why I got from the AML law
newbieDA: but thats the way I explain it
newbieDA: ‹@chattels› this made me sick this morning, very concerned about this one
*SCZIN11: ‹@newbieDA› THE BUNCH OF LEGAL TERMS, IS EXACTLY WHAT THE AML IS SUPPOSED TO BE..
ONE IN FIDUCIARY RESPONSIBILITY POSITION, MUST BE AWARE AND REPORT SUSPICIOUS ACTIVITY, AND A FEW OTHER BASIC ISSUES...IT IS BASICALLY THE SAME THROUGHOUT THE INTERNATIONAL COMMUNITY...
AS A LICENSED PROFESSIONAL, I MUST CONTINUE TO UPDATE MY KNOWLEDGE OF AML LAWS HERE IN THE USA, AND SIGN OFF ON EVERY FINANCIAL TRANSACTION I AM INVOLVED IN..
.IT IS A BASIC HEADS UP...NO IGNORING WHERE THE MONEY IS COMING FROM, AND WHAT IT IS BEING USED FOR
newbieDA: Kirkuk wake up on robberies and kidnappings exercised by the armed gangs wearing military uniforms vvccff.jpg Kirkuk - Iraq-Presse - September 18 / September
witnessed Kirkuk morning, Friday, events described Palmqlqh been the emergence of gangs unidentified are engaging in armed robberies and abductions of military clothing, where a security source in the province of Kirkuk, stealing 70 thousand dollars from his banking office, city center by unknown gunmen.
The source continued, "The unidentified gunmen intercepted, wheel driven by a banking office in Jerusalem Street, the center of the city of Kirkuk and stole 70 thousand dollars
pointing out that "the gunmen fled to an unknown destination without disclosure of their identity."
In a separate security context of the source continued, "The gunmen wearing military uniforms, have hijacked a person from his home east of Kirkuk, after stealing money and gold jewelry and fled to an unknown destination.
Abizaid, said that "armed men wearing military uniforms stormed at dawn today, a home teacher Qadisiyah district, east of Kirkuk and kidnapped the owner of the house," adding that they "stole $ 34 thousand dollars and eight million dinars, gold and jewelry," .anthy O.h No link Provided
newbieDA: ‹@*SCZIN11› totally agree
newbieDA: there is some talk on the HCL, I may want to post a few articles later today
disciple7: haven't heard bout the hcl in awhile.
newbieDA: the Commission of Oil and Energy Parliamentary Committee to Presidency of the Council of Representatives deadline
newbieDA: they gave them 30 days to say they have a working HCL law or not
newbieDA: if not, they are writing one
newbieDA: then the Committee wants the Federal Court Law done, which will help the HCL Law pass
whitelions: ‹@newbieDA› in iraq dead lines come and go so don't hold you breath lol
newbieDA: and the Erbil Agreement if they can
newbieDA: ‹@whitelions› totally agree lol
newbieDA: ‹@whitelions› just gives me an outline of what they would like have done is all
newbieDA: ‹@whitelions› its like the 50k note lol
TxBrand: they wrote the book on procrastination
newbieDA: ‹@TxBrand› someone loves calling them knuckle draggers, which I like
MichelleL: geez you talking about those dumb poor slow arsed EYE RACKEES again? lol
chattels: the Commission on oil and gas representative said, that the government is considering a project the old oil and gas law.
And the Chairman of the Committee Ares Abdullah, told all of Iraq [where], "There is a draft law of oil and gas taught by the government, and there is a team working on a range of important projects, and we welcome the draft oil and gas law," adding that "the government currently studying a project the old oil and gas law, and perhaps there will be changes, "noting,"
We as a country need to enact the law. "" Before the draft law there must be an agreement between Baghdad and Erbil and producing provinces, so that we can enactment of this law easily.
"said Abdullah "If we can accomplish this law, the agreement between the government and the producing regions and provinces, it will end all outstanding differences."
The Commission on oil and energy parliamentary, said on 30 June last, and that the oil and gas law is still unemployed when the government. The committee member said Awad al-Awadi's [where]
"We asked repeatedly by legislation the most important law after the Federal Court Act which oil and gas law in which great importance to maintain the oil wealth for future generations,"
noting that "this law is still swinging between the government and the committees in the Council of Ministers and the Ministry of Oil and the oil companies."
The Minister Oil confirmed in 30 of last May that "a serious parliament in the legislation of the oil and gas law," noting that "if we have the law of oil and gas to what we have seen today the obstacles between the federal government and its local governments."
The oil and gas of important laws law, but already and that the display in the previous legislative session of Parliament, did not get an agreement on Aaqrarh. www.alliraqnews.com/modul... Bad LINK
newbieDA: ‹@chattels› ya ya thats the article
newbieDA: there is an older one that goes with that too, let me get it
chattels: "this law is still swinging between the government and the committees in the Council of Ministers and the Ministry of Oil and the oil companies."
whitelions: Doing business in Iraq - Thomas Donovan Partner Iraq Law Alliance Interview........Thomas Donovan, founder and managing partner of Iraq Law Alliance, talks to TOGY about the complex contractual framework changes that companies are facing in Iraq and the risks they should accept to be successful in the market.
Iraq Law Alliance, which advises companies and corporations doing business in Iraq, has been guiding oil and gas companies in the field of domestic Iraqi law for more than 10 years. What is your assessment of the operating environment in Iraq? www.theiqdteam.com/blog/d...
newbieDA: Parliamentary Energy: agreement on the preparation of a proposed law for oil and gas Author: Publisheron: August 28, 2015In: PoliticsViews: 48 views BAGHDAD / Center Brief for the Iraqi Media Network (IMN) –
A member of the Commission on oil and energy parliamentary Zaher al-Abadi, the Committee decided to send a formal letter to the Council of Ministers over the Presidency of the Council of Representatives of the statement the official position of the draft oil and gas law,
otherwise the Commission will go to prepare a proposed law for oil and gas .
He explained Abadi's (IMN) that "the members of the Commission on oil and energy parliamentary agreed to send an official letter to the government to inquire on the date of completion of preparation of the draft oil and gas law and send it to the House for its own legislation."
He added that "in a month if there is no answer or a bill, the members of the Committee in accordance with the law will resort to the law to prepare a proposal for oil and gas and to move legislate procedures to resolve disputes over oil circle."
And provided a close political agreement between participating in the government blocks on the government's commitment to political blocs - and within the established limits - consolidating the foundations of national unity and inspire the spirit of civil peace to move forward a draft national reconciliation, and complete the requirements for a law of amnesty, and to bring accountability and justice law to justice, as well as law oil and gas and the law of parties.
Since the adoption of the Iraqi constitution, such as oil and gas law, the most prominent outstanding issues between Baghdad and Erbil were unable to former House and present to find consensus on a common formula for the oil and gas law. From: Haider al-Tamimi, editor: Ali Al-Shammari center-imn.net/1/ http://center-imn.net/1/?p=29038
newbieDA: now read that from a couple weeks ago, that is all about the HCL deadline they made
newbieDA: ‹@chattels› ya its a mess, but good articles of where it is at and where it may go and why
chattels: the Iraq economy showed resilience in wake of the Arab Spring and the related domestic upheaval of 2011 and 2012, it is now extremely challenged with two-fold issues of depressed oil prices and increased military spending due to the current insecurity.
When compared with the period prior to 2003, the country’s infrastructure has deteriorated instead of evolved. Iraq needs to start accepting international assistance for its national accounts and books to be examined.
The government has been slow to engage multi-lateral lending institutions capable of long-term loans to develop infrastructure, whether it be solely for the nascent petrochemicals industry or for the general public..
chattels: in the context of a continued insurgency, it is difficult to envision any such infrastructure spending in areas, which are not absolutely secure.
newbieDA: ‹@whitelions› wow nice
chattels: " .... the Iraq economy ................ is now extremely challenged with two-fold issues of depressed oil prices and increased military spending due to the current insecurity.......... "
chattels: " ........... important questions remain surrounding the level of security, government support and what type of infrastructure investment it is able to afford, given the insurgency of Islamic State militants. "
newbieDA: very accurate article
whitelions: agreed you know we have been saying somethings got to give for years now but I think we are finally close enough to spit on it by yhr end of this year early next
chattels: " .............. it is possible to be successful in Iraq, but fiscal constraint and realistic expectations are required in addition to a long-term time horizon. "
Doug_W: COFER is a database managed by the IMF’s Statistics Department, containing end-of-period quarterly data of reporting countries/jurisdictions.
Seven currencies are distinguished in COFER data: the U.S. dollar, euro, pound sterling, Japanese yen, Swiss franc, AUD, and CAD. All other currencies are included indistinguishably in the category of “other currencies.” The data can be accessed on imf.org: www.imf.org/external/np/s... http://www.imf.org/external/index.htm
Doug_W: www.imf.org/external/np/s... http://data.imf.org/?sk=E6A5F467-C14B-4AA8-9F6D-5A09EC4E62A4
Doug_W: The International Monetary Fund (IMF) will release on September 30, 2015 at 9:00 a.m. (Eastern Standard Time) the quarterly data on the currency composition of official foreign exchange reserves (COFER).
Fit2beFit: "Meanwhile ordinary Iraqis who have been protesting on the country's streets every Friday, don't seem to have any answers either. And they say they haven't seen any impact on their own lives – although admittedly it may be a bit early for this.
“Al-Abadi's reforms were ineffective and their aim was to silence the demonstrators,” argues Shamkhi Jabr, one of the activists regularly demonstrating in Baghdad's Tahrir Square.
“So far we haven't felt any changes, not on the political level or in the services we want to see improve.” “The reforms are just a political game,” adds Qassim al-Rubaie, a construction worker from the suburbs of Sadr City in Baghdad. “We didn't see any change in our lives.
Electricity supply is still poor, water is still polluted, traffic jams are still there and we see that politicians are still enjoying their privileges. We just ask: So where are these reforms they are talking about?”
Fit2beFit: Will Iraq Ever Change? Popular and Political Tide Turning Against PM's Troubled, But Vital, Reforms Mustafa Habib Iraqi PM Haider al-Abadi set in motion some of the most important political reforms in the country in over a decade. First they were welcomed. But now locals are turning critical – and some of the criticisms are valid. www.niqash.org/en/article... BAD LINK
forestnr4: Mountain Goat did another post.......here is a paragraph taken from the post.......So I have to tell you these next 2 weeks are going to be really exciting for us. Iraq knows that the major holiday is just around the corner. They are nearly complete on all the necessary short term goals of the “hasty” reforms.
My opinion is if the coalition forces can gain a sense of stability and control in the Anbar and Mosul regions (physical security) we could very well see the continuation of the currency reforms begin again at the end of September (if not prior) thus move into the revaluation we have been waiting for.