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Sunday, July 26, 2015

Wealthwatch Late Evening News Discussion 7-25-15

Post From Wealtwatch.world Chat Room 7-25-15 Late Evening

Donnie: Cancel the popular crowd allocations amounting to one trillion dinars from the budget in 2015 07/25/2015

Donnie: BAGHDAD / JD / .. the parliamentary finance committee revealed, the cancellation of the popular crowd allocations amounting trillion dinars from the federal budget for 2015. He said the Commission's decision MP Ahmad meat Rashid told / JD /:

 "The Finance Committee made ​​some transfers of funds budget in 2015 for the allocation of money to PDF crowd fighting gangs Daash terrorist and displaced families that left their regions and their homes due to the fighting and insurgency terrorist gangs. "
~~~
 He added that "the Federal Court decided the unconstitutionality of some articles of the federal budget for the current year, including the Article (4) financial Mounaqlat in which trillion dinars allocated for support People crowd forces, and therefore the government has committed to take charge of the support of these forces and the allocation of the funds have "ended ./ / 8 /

Donnie: http://ift.tt/1eRkpTr... http://ift.tt/1fwL7kD

Donnie: That should help the deficit :(

Donnie: Hedge Funds Are Holding First-Ever Gold Net-Short Position

Donnie: Hedge funds are holding the first ever bet on a decline in gold prices since the U.S. government started collecting the data in 2006. The funds and other speculators shifted to a net-short position of 11,345 contracts in New York futures and options in the week ended July 21, according to figures from the U.S. Commodity Futures Trading Commission.

Gold futures on Friday fell to the lowest since 2010 on the Comex, and the short wagers show investors expect the rout to deepen. Bullion has fallen almost every day in July, leaving the metal poised for the biggest monthly decline since June 2013.

Donnie: see chart here: http://ift.tt/1U6AFjT...

http://ift.tt/1TXsBRG

Donnie: Iran unveils $29 billion mining projects Sat Jul 25, 2015

Donnie: Iran has introduced $29 billion worth of mining projects to a trade and investment conference held with the EU in Vienna to discuss post-sanction opportunities for cooperation. The projects include production of aluminum, steel, rare earth elements, copper, gold and coal by tapping Iran’s mineral reserves, Deputy Industry Minister Mehdi Karbasian said.

 “Current projects have a value of $9 billion and future schemes are worth $20 billion,” said the official, projecting they would create about 70,000 jobs when they get underway.

Karbasian said under the new mining development plan, prospective investors will be provided with accurate figures about the reserves of any given mine in order to raise confidence about the viability of development projects.

Some of the major mining projects involve production of steel which the country plans to quadruple to 55 million tons a year by 2025 to in order keep pace with demand in its industry and an economy being billed as one of the emerging Next Eleven. Steel is a strategic commodity for the country of about 80 million.

It is crucial to Iran’s massive oil and gas industry and its automotive sector which is the Middle East’s largest. Iran has also a massive transportation and water supply network and a mammoth construction sector as well as sprawling urban centers which devour steel in stupendous quantities.

Donnie: read more here: http://ift.tt/1eRksyx...

http://ift.tt/1Jl8RUO

forestnr4: The pressure for Iraq's MR simply by Iran's sanctions being lifted is increasing day by day. It is a matter of when!! MB: http://ift.tt/1D39O2O...

http://ift.tt/1VET5cj

Under the nuclear deal, sanctions that have stifled Iran's economy are to be lifted when the International Atomic Energy Agency verifies that Iran is honouring its side of the bargain. Nematzadeh said Iran expected verification in under three months,

 and that it believed it could rejoin the SWIFT global electronic payments system - a key step to enable inflows of foreign money - three months after sanctions were repealed.

MY LADIES: RIGHT MB THANK YOU, SO AS WE GO ALONG I THINK WE ARE SEEING A STEP BY STEP LIFTING.

WE SAID OVER AND OVER AGAIN ALL THE SANCTIONS DO NOT NEED TO BE LIFTED IN ORDER FOR TEHRAN TO TRADE, ALL THEY NEED IS THEIR CURRENCY TURNED ON.

AW: So, as Mary and NOVA have stated..........does Iraq go first?....or does Iran?........or do they move in concert? We wait to see.

OOTW: GREAT ARTICLES AND COMMENTS FORESTNR4 TYVM!

forestnr4: ‹@OOTW›  :smile:

OOTW: here's some GDP information for many countries, please bear with me while i upload these print screens..this is also for a dual purpose, for some reason if i upload the images here, they will "stay" in a forum post...thanks for bearing with me, but you'll see that Iraq is in a much better place re their debt to gdp ratio than the United States...
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OOTW: - PLEASE READ THE, "MY RESET" THREAD, TO SEE BUTIFLDRM'S COMMENTS RE GDP INFO HERE: wealthwatch.world/showthr...

http://ift.tt/1fwL7AX

Donnie: ‹@OOTW› WOW WOW WOW... TY

Donnie: .

Donnie: Iran Bank Notes: http://ift.tt/1MqOQ09

http://ift.tt/1MqOQ09

http://ift.tt/1D39O2T

Doug_W: DID it RV Donnie?

Donnie: Iran or Iraq?

Donnie: Iran set for gas exports to Iraq

 Donnie: Iran said on Saturday that it is carrying out the last stages of testing a pipeline that it plans to use for exports of natural gas to Iraq.

Alireza Gharibi, the managing director of the Iranian Gas Engineering and Development Company, told reporters on Saturday that Iran will start exports of natural gas to its western neighbor as soon as pipeline tests finish.

 “Iran will sit for talks with Iraq within the next few days over the gas export project,” Gharibi added. He further emphasized that Iran has laid 100 kilometers of pipelines related for the project and that Iran will be soon ready to start exporting a daily of 5 million cubic meters (mcm) of natural gas to Iraq in the first stage.

The two countries signed an agreement over the exports of natural gas from South Pars energy hub to Iraq back in 2013. Based on the agreement, 25 mcm of gas will be delivered to Sadr, Baghdad and al-Mansouryah power plants through a 270-kilometer pipeline.

The project is estimated to earn Iran $3.7 billion a year in revenues. The project has been long in the offing but had been delayed over what officials in Tehran have cited as security concerns resulting from the war of insurgency that the ISIL terrorists have waged in Iraq.

Donnie: http://ift.tt/1eRksyx...

http://ift.tt/1D1gWgj

 OOTW: SURE DONNIE

OOTW: HERE'S THE LINK TO OUR CHAT FROM THIS MORNING http://ift.tt/1SAKXau...

Donnie: ‹@OOTW› TYVM

chattels: jump back, stand back, I'm back, :)

chattels: ERBIL, Kurdistan Region – Kurdistan Region Prime Minister Nechirvan Barzani on Saturday called on the Kurdistan Workers’ Party (PKK) to reduce tensions with Turkey and resume its peace process, following Turkish raids on the militants’ bases in Kurdistan.

Barzani said that Kurdistan was ready to help the two sides resume peace talks. He added that Turkish military attacks on the PKK’s base in Kurdistan’s Qandil Mountains had followed provocative statements made by the group’s leaders.

 “Unfortunately, the bombardments followed comments made by the leader of the Group of Communities in Kurdistan (KCK), claiming that the ceasefire and peace process between Turkey and the PKK is terminated,” Barzani explained in a statement.

chattels: http://ift.tt/1dh0hsK...

http://ift.tt/1JlPP0z

KiwiDoc: ‹@chattels› Is is "Love thy neighbor? Or something like that.....funny Barzani being the peace maker ah?

chattels: ‹@KiwiDoc› good evening

KiwiDoc: ‹@chattels› good evening to you, morning for me, but I'm upside down compared to you so mox nix. Are we ready yet for the RV?

chattels: ‹@KiwiDoc› if you are waiting on me then you are backing up, as they say in the South

KiwiDoc: ‹@chattels› I just figured when the boss says go we go.....get me "Boss"?

 chattels: ‹@KiwiDoc› :)

OOTW: HI KIWIDOC..HAVE MISSED YOU

OOTW: HUGS - HOW ARE YOU?

KiwiDoc: ‹@OOTW› Thanks it is nice to be missed!! Just working so I can pay my taxes back home :grin: Listening to Chattels when I can and reading the posts.....all very interesting and encouraging. I met a Senior Chiro Student Doctor yesterday that goes to the NZ Chiro college. Took me back. So I now have someone to treat me here in NZ.

 [07:48:54 PM] OOTW: wow, that's all great, KiwiDoc - I'm very glad you're going to get treatment from someone you feel good about

vtech: 2015?
chattels: ERBIL, Kurdistan Region – Masoud Barzani, President of Kurdistan Region said he was saddened by the latest rising tensions between Turkey and the Kurdistan Workers Party (PKK). 

Barzani expressed his deep concern regarding the recent dangerous developments and said he has urged the involved parties not to escalate the crisis further. 

Peace is the only way to solve the problems and negotiation for years is better than one hour of war, Barzani stressed. 

“Kurdistan region will try its best to prevent further escalation of the situation. Returning to negotiation table is the best solution,” said Barzani. Barzani also stressed that he had done everything possible to make the peace process succeed in that past and would do everything in his power to deescalate the current tensions

chattels: http://ift.tt/1dh0hsK...http://ift.tt/1KqU10A

chattels: added conflict with Turkey is a disturbing development

chattels: PARIS, France — More than 1,000 Kurds and leftist Turks have marched in Paris to protest airstrikes by Turkey on Kurdish militant camps in northern Iraq. One banner held high at Saturday's march read, "To hit the PKK is collaborating with Daesh."

 PKK is the Kurdish acronym for the Kurdistan Workers' Party, whose affiliates have helped battle the Islamic State group, which is called "Daesh" in France. 

The march was originally called to protest Monday's Islamic State suicide attack in the southeast Turkish town of Suruc that killed 32 people. But Turkish airstrikes on PKK camps in Iraq changed the agenda of the protest march from the Gare de l'Est train station to the Place de la Republique.

chattels: http://ift.tt/1D39O2X;http://ift.tt/1D1BepY


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