Post From Wealthwatch.world Chat Room 11-1-15
Wealthwatch Sunday Night Chat 11-1-15 Part 1 of 2
Abraham: It is not unusual for the IMF to regulate salaries of government in a debt restricting program
Abraham: I warned about this same issue over a year ago. But most thought I was crazy. I know from first hand experience
TxBrand: what does it mean ? TxBrand: for us ?
Abraham: Are you asking me that question?
TxBrand: ‹@Abraham› yes
Abraham: It means that Iraq has to meet certain conditions in a debt restricting program. It has both positive and negative points for us investors
Abraham: Restructing* (restructuring?)
Abraham: The good point they act as a way of security on our investment
Abraham: If they can turn around Iraq's financial position as investors we benefit
Abraham: The revaluation will have a positive effect for Iraq since they are an importer, so I would think the IMF supports, demands a revaluation of currency
Abraham: But they are laws and conditions that are stepping stones to a revaluation
Abraham: As well as a stable political climate
Abraham: I think we are close but in my opinion we will not see a revaluation until Maliki is completely put away
Abraham: Because He hinders a stable political climate
Abraham: I personally believe the increase troops to that region is for that purpose
Abraham: But they will never come out and say so!
Abraham: We will wake up one morning and M will be history
Winter: XXXXXX...ISIS has zero to do with what the exchange value is of the IQD. The exchange value is its worth outside of Iraq...not inside. ISIS is an issue in many places besides Iraq. Furthermore, it is an electronic event. It doesn't not require a bank teller standing at a window in a bank. There will always be security issues WORLDWIDE. It is the new reality. A different world and it will not stop Iraq from what they want to be within the world economic forum.
Winter: and comments on that?
chattels: XX XXXX, who was a nice guy when I knew him, has been saying that our event is imminent since Moby Dick was a minnow.
chattels: Does DAESH have no effect upon the regional security, political stability and economics of Iraq ?
Abraham: ‹@Winter› so then where is the RV?
Abraham: ‹@Winter› if he is saying the conditions are right for it, where is it?
chattels: The continued existence and problematic activities of DAESH are an inconvenient reality / truth that confounds the any day / everyday event fantasies of many pundits
Abraham: ‹@Winter› sometimes it best to say nothing while understanding the shallowness of people from their input. Sorry for being so straight
chattels: What international businesses, other than oil, want to commit substantial investment in a country that cannot control it's borders or 1/3 of it's lands ? Or that cannot create or follow the rule of law ?
chattels: the House of Representatives in its meeting scheduled on Monday to discuss a number of recommendations and re-vote on the government's decision to merge the ministries of health and the environment.
It includes the agenda, according to a statement of the Council "to discuss the recommendations of the Legal Committee and the Committee of Tourism and Antiquities and the Committee on Culture and Information in connection with the integration of the Ministry of Tourism and Antiquities with the Ministry of Culture, and to discuss the recommendations of the Legal Committee and the Commission on Human Rights concerning the abolition of the Ministry of human rights."
chattels: Politicians: Abadi change next year, and his reforms [individual] failed and turned down
chattels: expect a number of politicians and analysts, change of prime minister Haider al-Abadi in the first quarter of next year, as a result of a political move blocks on it. According to a report prepared by the agency all of Iraq [where], "some political blocs past Bhrakea to change the current prime minister, got the support of other blocks, is the change Abadi matter of time."
chattels: Observers believe that al-Abadi create his opponents diehard after its decisions [individual] and that He began to cancel the positions of his deputies and Vice-President of the Republic and all the leaders of prominent political blocs without reference to them, or tell them about it, at the forefront of government reforms launched by the ninth of the month of August, which led to the reforms that have not applied them only scant failure and almost topples political history.
This will be published and the agency all of Iraq [where] tomorrow a detailed report on the ongoing movement to change Haider al-Abadi from his post after 14 months of assuming office as prime minister, succeeding former Prime Minister Nuri al-Almaliki.
chattels: I very much doubt that Abadi will be removed by any political action.
disciple7: ‹@chattels› agreed
Abraham: ‹@chattels› I was not speaking about anyone's input. I was just sharing from my experience
chattels: ‹@Abraham› It is all good I think :)
chattels: the face of Prime Minister Haider al-Abadi said Sunday, declaring a state of emergency in areas affected by the rains follow ...
Abraham: When I used the word shallow I used it because security has to be a condition to monetary policy. If you have a terrorist controlling one of your main oil fields that is a security issue that any sensible individual will acknowledge
Abraham: Iraq currency changed because of what? A security condition! Am I wrong?
chattels: Peshmerga forces on Sunday imposed its control over large parts of the district of Sinjar, west of Mosul, in a process accompanied by a heavy bombardment of the flight to the international coalition strongholds Daash. An official source in the leadership of the Peshmerga that "Kurdish forces entered the city of Sinjar from several directions in the morning,
and advanced significantly and seized control of large parts of the city," noting that "This entry was accompanied by heavy shelling of aircraft international coalition missiles targeted strongholds of the organization and bombs percussion detonated explosive explosive devices and mines.
chattels: the popular crowd forces killed on Sunday, a suicide bomber driving a booby-trapped tanks in Fallujah in Anbar province. www.alliraqnews.com/modul...
chattels: Action / progress in Fallujah
chattels: .......... praised Hamoudi, during a meeting with Chairman of the board of the investment and a group of directors of local companies" to attend actor for many local industries and products this year, and high quality of the "the statement said. He added," The activation of these sectors contribute to the operation of the Iraqi workforce and attracting domestic and foreign consumer ".
Abraham: So security, political stability, Balance of Payments due to Trade are conditions that affect exchange control
Abraham: Balance of Payments crucial
chattels: NA / A Kurdish leading figure, former MP, Mahmoud Othman confirmed that a delegation from the Kurdistan region will arrive to Baghdad to resolve outstanding problems on oil and budget. Othman said in a statement to the National Iraqi News Agency / NINA /
The delegation will include Prime Minster Nechirvan Barzani and a number of ministers, and will discuss a number of important issues, notably the issue of exporting oil and the region's share of the budget as well as the war on Daash and the political situation in Iraq in general and the Kurdistan region in particular ".
chattels: About the problems between the Kurdish parties in Kurdistan, Othman said, "The best solution to the problems between the Kurdish parties is a direct dialogue between them, in earnest and frank, taking into consideration the fight against Daash, which must be above any other consideration,"
pointing out that "it is possible that America or Iran interfere to resolve the conflict and problems, because these two countries have common interests with the province and are willing constantly to stabilize it ".
Abraham: And I don't know it all but I did spend 35 years in International Business and worked closely with Governments, Central Banks and financial organization. Just Favor from God nothing to do we me other than obedience to Him
chattels: Economic storms threatening to bankrupt Iraq and a number of Middle East countries ... and the International Monetary Fund confirms this chattels: al-mawqif.com/%D8%AA%D9%8...
chattels: Courtesy of OOTW chattels: wealthwatch.world/showthr...
Comments may be made at the end of Part 2 Thank You