Post From Wealthwatch.world Chat Room 8-7-15
Wealthwatch Late Night Chat 8-7-15 Part 1 of 2
Butifldrm: Hi everyone! ( Buti ful dream)
chattels: If it is true that Maliki has attempted a coup then things are worse in Iraq than I thought
chattels: Maliki must be desparate
Butifldrm: ‹@chattels› Scizn said the same thing today about faceofiraq
Stash: Hang him
chattels: and the article implies to me that Iran is supporting him
Donnie: is there a specific part of the text that is in question as to the validity of the translation?
chattels: ‹@Donnie› not for me - i just always try to confirm the original source
Butifldrm: IMO, the clerics have given Abadi to do what ever it takes
~~~
Wealthwatch Late Night Chat 8-7-15 Part 1 of 2
Butifldrm: Hi everyone! ( Buti ful dream)
chattels: If it is true that Maliki has attempted a coup then things are worse in Iraq than I thought
chattels: Maliki must be desparate
Butifldrm: ‹@chattels› Scizn said the same thing today about faceofiraq
Stash: Hang him
chattels: and the article implies to me that Iran is supporting him
Donnie: is there a specific part of the text that is in question as to the validity of the translation?
chattels: ‹@Donnie› not for me - i just always try to confirm the original source
Butifldrm: IMO, the clerics have given Abadi to do what ever it takes
~~~
chattels: ‹@Butifldrm› He mentioned that to me
Butifldrm: ‹@chattels› makes you wonder
chattels: ‹@Butifldrm› Hopefully Abadi is " in control " now
chattels: certainly Maliki must be arrested now
chattels: or should be
BOBBY: how much evidence do they need?
Butifldrm: I feel Maliki must be dealt with before that is going to happen
chattels: ‹@BOBBY› remember the Judiciary has been " in his pocket "
chattels: Maliki's that is
tipsyterror: ‹@chattels› I have appended the Microsoft translation as a reply to your post of the foregoing article...
tipsyterror: it is similar but not verbatim
tipsyterror: wealthwatch.world/showthr... http://ift.tt/1W8moUN
chattels: Abadi may need to act through the military - it could be cause for the invocation of martial law
Butifldrm: Supposedly there is a special court set up to deal with corruption right?
chattels: ‹@tipsyterror› tyvm
oldbones67: ‹@chattels› Maliki must realize he no longer has the power base he had once...He is desperate..
chattels: ‹@Butifldrm› only a committee that I am aware of, but ..................
BOBBY: does Maliki have any type of immunity or protection in his postion?
Butifldrm: yet noone or very few have been named
chattels: ‹@BOBBY› not absolute, it is a " qualified " immunity
chattels: he certainly can be arrested if he commits a felony ( treason ) and caught " red handed " - like Issawi, the Sunni MP
chattels: in flagrante delicto is the latin / legal term
BOBBY: so my question would be..... who has to do the catching to prosecute
chattels: ‹@BOBBY› I cannot answer that question with authority
BOBBY: Chattels. ... dont think Iraq can either lol
chattels: Article 63:
] chattels: B. A Council of Representatives member may not be placed under arrest during the legislative term of the Council of Representatives, unless the member is accused of a felony and the Council of Representatives members consent by an absolute majority to lift his immunity or if he is caught in flagrante delicto in the commission of a felony.
chattels: C. A Council of Representatives member may not be arrested after the legislative term of the Council of Representatives, unless the member is accused of a felony and with the consent of the speaker of the Council of Representatives to lift his immunity or if he is caught in flagrante delicto in the commission of a felony.
chattels: if he is caught in flagrante delicto in the commission of a felony.
chattels: if he is caught in flagrante delicto in the commission of a felony.
chattels: if he is caught in flagrante delicto in the commission of a felony.
chattels: Issawi was involved in a shoot out ISF ( Iraqi Security Forces )
chattels: his brother was killed and ISF members were killed - it was a gun battle at Issawi's home
tipsyterror: i saw he is seeking asylum in Europe... but rejected by both France and Finland.
chattels: ‹@tipsyterror› Maliki ?
tipsyterror: yes
chattels: I opined just this week that I believe that only Iran may take him
tipsyterror: i figured maybe Russia
Tootsie: ‹@chattels› g/e - is this the article ?? Maliki threatened to overthrow the government: we refuse to open any file to investigate suspicions of corruption Tuesday 04 August 2015 | 18:15
Threatened, secretary general of the Islamic Dawa Party Nuri al-Maliki to topple the government of Prime Minister Haider al-Abadi. Maliki and refused to open any file to investigate suspicions of corruption have the reach and those close to him during a meeting attended by al-Abadi and leaders of the Dawa Party,
the most prominent Sheikh Abdul Halim Zuhairi and on the Keywords and Walid Ali al-Adeeb and ornaments.
Maliki said al-Abadi's claim that his government inherited a difficult situation in the field of electricity, water, schools and services and in other areas in addition to the security configuration fabrications intended to discredit him and finish off his political career by opening an alleged files.
He said the services before assuming the current Prime Minister and his team strong harmonious was the best, not the citizen feels shortening the government.
On the contrary we feel the support of the citizens in all fields, and this has been proved by the recent election results and that got them to 750 000 votes in Baghdad alone, he said. More here ~~~ http://ift.tt/1LBTFmS...
http://ift.tt/1Pdmlm8
chattels: ‹@tipsyterror› is there " ink " / link on it ?
tipsyterror: yes... let me look...
Tootsie: saw it a few days ago,
chattels: ‹@Tootsie› I believe so, translation is a bit different i think
Butifldrm: ‹@Tootsie› I read this article too
Tootsie: ‹@chattels› I often use BING for diff translation, many times clearer to me ( LOL)
tipsyterror: ‹@chattels› ...
tipsyterror: ‹@chattels› According to an informed source, that the son of former deputy prime minister Ahmed Nouri al-Maliki submitted a request to the French authorities for the purpose of asylum.
The source ((eighth day)) that "the French authorities refused to do so sharply despite the mediation of his father Nuri al-Maliki formally or personal, adding that Ahmed al-Maliki is seeking to get out of Iraq as soon as possible for fear of revenge legal issues Taatalv of corruption and waste of public money.
The source noted that "after the French government refused to do so, Ahmed al-Maliki went to Finland for asylum, but so far not received approval. (AA)
chattels: ‹@Tootsie› you speak " arabish " good, eh ? :)
tipsyterror: 8th-day.com/ http://ift.tt/1MYIuFt
Butifldrm: I caught it a few days after release, under most read news lol
chattels: the son of former deputy prime minister Ahmed Nouri al-Maliki
tipsyterror: ohhhh.... bummer
tipsyterror: thanks for catching that
chattels: fear of revenge legal issues or justice ?
Tootsie: Frankly, very Frankly, I do not like faceiraq since not at the original news source, have been burned more than once by 8th day, so they are on my no no list - and also kitabat not one of my favs. After 6 / 5 years I am gunshy with many of the sites
chattels: ‹@tipsyterror› itis still very significant i think - i did not see it anywhere else
TxBrand: M should have left Iraq a very long time ago
chattels: ‹@Tootsie› you obviously are a shrewd observer, my compliments to you
tipsyterror: I think it means he knows the time is near for him to flee...
chattels: ‹@tipsyterror› will you post that in the forum please :)
BOBBY: chattels..... does he still have access to funds or were they suppressed
chattels: ‹@BOBBY› i do not think that we know one way or the other on that matter
TxBrand: so what has been going on? they get a rating and no RV... so that prediction is a wash also right ? They go ahead with tariff and no RV ? that one is a wash right ?
chattels: ‹@BOBBY› there was talk of attaching ex-patriated funds abroad at one time
Butifldrm: ‹@tipsyterror› you and chattels have this going on. I only pray this article is true! Could be the salvation of Iraq.
chattels: ‹@TxBrand› i don't think that we know what is a wash or not
Tootsie: Night all you good people, time to turn on the TV, prop up, and have a bubbly something LOL. Enjoy the rest of the evening!
Tootsie: still 96 far NW Houston, on north facing always in shade porch. UGH Nighe
Butifldrm: ‹@TxBrand› Iraq has had a rating of B- since 2013
TxBrand: ‹@Butifldrm› oh ok
Butifldrm: http://ift.tt/1Pdmlma; http://ift.tt/1MYIuFv
Butifldrm: There was an article that came out in April where Zebari was looking for a higher credit rating
chattels: ‹@Butifldrm› Why all the drama from those saying that this is a first - ignorance ?
Butifldrm: ‹@chattels› makes you wonder
chattels: ‹@Butifldrm› Hopefully Abadi is " in control " now
chattels: certainly Maliki must be arrested now
chattels: or should be
BOBBY: how much evidence do they need?
Butifldrm: I feel Maliki must be dealt with before that is going to happen
chattels: ‹@BOBBY› remember the Judiciary has been " in his pocket "
chattels: Maliki's that is
tipsyterror: ‹@chattels› I have appended the Microsoft translation as a reply to your post of the foregoing article...
tipsyterror: it is similar but not verbatim
tipsyterror: wealthwatch.world/showthr... http://ift.tt/1W8moUN
chattels: Abadi may need to act through the military - it could be cause for the invocation of martial law
Butifldrm: Supposedly there is a special court set up to deal with corruption right?
chattels: ‹@tipsyterror› tyvm
oldbones67: ‹@chattels› Maliki must realize he no longer has the power base he had once...He is desperate..
chattels: ‹@Butifldrm› only a committee that I am aware of, but ..................
BOBBY: does Maliki have any type of immunity or protection in his postion?
Butifldrm: yet noone or very few have been named
chattels: ‹@BOBBY› not absolute, it is a " qualified " immunity
chattels: he certainly can be arrested if he commits a felony ( treason ) and caught " red handed " - like Issawi, the Sunni MP
chattels: in flagrante delicto is the latin / legal term
BOBBY: so my question would be..... who has to do the catching to prosecute
chattels: ‹@BOBBY› I cannot answer that question with authority
BOBBY: Chattels. ... dont think Iraq can either lol
chattels: Article 63:
] chattels: B. A Council of Representatives member may not be placed under arrest during the legislative term of the Council of Representatives, unless the member is accused of a felony and the Council of Representatives members consent by an absolute majority to lift his immunity or if he is caught in flagrante delicto in the commission of a felony.
chattels: C. A Council of Representatives member may not be arrested after the legislative term of the Council of Representatives, unless the member is accused of a felony and with the consent of the speaker of the Council of Representatives to lift his immunity or if he is caught in flagrante delicto in the commission of a felony.
chattels: if he is caught in flagrante delicto in the commission of a felony.
chattels: if he is caught in flagrante delicto in the commission of a felony.
chattels: if he is caught in flagrante delicto in the commission of a felony.
chattels: Issawi was involved in a shoot out ISF ( Iraqi Security Forces )
chattels: his brother was killed and ISF members were killed - it was a gun battle at Issawi's home
tipsyterror: i saw he is seeking asylum in Europe... but rejected by both France and Finland.
chattels: ‹@tipsyterror› Maliki ?
tipsyterror: yes
chattels: I opined just this week that I believe that only Iran may take him
tipsyterror: i figured maybe Russia
Tootsie: ‹@chattels› g/e - is this the article ?? Maliki threatened to overthrow the government: we refuse to open any file to investigate suspicions of corruption Tuesday 04 August 2015 | 18:15
Threatened, secretary general of the Islamic Dawa Party Nuri al-Maliki to topple the government of Prime Minister Haider al-Abadi. Maliki and refused to open any file to investigate suspicions of corruption have the reach and those close to him during a meeting attended by al-Abadi and leaders of the Dawa Party,
the most prominent Sheikh Abdul Halim Zuhairi and on the Keywords and Walid Ali al-Adeeb and ornaments.
Maliki said al-Abadi's claim that his government inherited a difficult situation in the field of electricity, water, schools and services and in other areas in addition to the security configuration fabrications intended to discredit him and finish off his political career by opening an alleged files.
He said the services before assuming the current Prime Minister and his team strong harmonious was the best, not the citizen feels shortening the government.
On the contrary we feel the support of the citizens in all fields, and this has been proved by the recent election results and that got them to 750 000 votes in Baghdad alone, he said. More here ~~~ http://ift.tt/1LBTFmS...
http://ift.tt/1Pdmlm8
chattels: ‹@tipsyterror› is there " ink " / link on it ?
tipsyterror: yes... let me look...
Tootsie: saw it a few days ago,
chattels: ‹@Tootsie› I believe so, translation is a bit different i think
Butifldrm: ‹@Tootsie› I read this article too
Tootsie: ‹@chattels› I often use BING for diff translation, many times clearer to me ( LOL)
tipsyterror: ‹@chattels› ...
tipsyterror: ‹@chattels› According to an informed source, that the son of former deputy prime minister Ahmed Nouri al-Maliki submitted a request to the French authorities for the purpose of asylum.
The source ((eighth day)) that "the French authorities refused to do so sharply despite the mediation of his father Nuri al-Maliki formally or personal, adding that Ahmed al-Maliki is seeking to get out of Iraq as soon as possible for fear of revenge legal issues Taatalv of corruption and waste of public money.
The source noted that "after the French government refused to do so, Ahmed al-Maliki went to Finland for asylum, but so far not received approval. (AA)
chattels: ‹@Tootsie› you speak " arabish " good, eh ? :)
tipsyterror: 8th-day.com/ http://ift.tt/1MYIuFt
Butifldrm: I caught it a few days after release, under most read news lol
chattels: the son of former deputy prime minister Ahmed Nouri al-Maliki
tipsyterror: ohhhh.... bummer
tipsyterror: thanks for catching that
chattels: fear of revenge legal issues or justice ?
Tootsie: Frankly, very Frankly, I do not like faceiraq since not at the original news source, have been burned more than once by 8th day, so they are on my no no list - and also kitabat not one of my favs. After 6 / 5 years I am gunshy with many of the sites
chattels: ‹@tipsyterror› itis still very significant i think - i did not see it anywhere else
TxBrand: M should have left Iraq a very long time ago
chattels: ‹@Tootsie› you obviously are a shrewd observer, my compliments to you
tipsyterror: I think it means he knows the time is near for him to flee...
chattels: ‹@tipsyterror› will you post that in the forum please :)
BOBBY: chattels..... does he still have access to funds or were they suppressed
chattels: ‹@BOBBY› i do not think that we know one way or the other on that matter
TxBrand: so what has been going on? they get a rating and no RV... so that prediction is a wash also right ? They go ahead with tariff and no RV ? that one is a wash right ?
chattels: ‹@BOBBY› there was talk of attaching ex-patriated funds abroad at one time
Butifldrm: ‹@tipsyterror› you and chattels have this going on. I only pray this article is true! Could be the salvation of Iraq.
chattels: ‹@TxBrand› i don't think that we know what is a wash or not
Tootsie: Night all you good people, time to turn on the TV, prop up, and have a bubbly something LOL. Enjoy the rest of the evening!
Tootsie: still 96 far NW Houston, on north facing always in shade porch. UGH Nighe
Butifldrm: ‹@TxBrand› Iraq has had a rating of B- since 2013
TxBrand: ‹@Butifldrm› oh ok
Butifldrm: http://ift.tt/1Pdmlma; http://ift.tt/1MYIuFv
Butifldrm: There was an article that came out in April where Zebari was looking for a higher credit rating
chattels: ‹@Butifldrm› Why all the drama from those saying that this is a first - ignorance ?
Butifldrm: Markets | Thu Apr 30, 2015 7:02am EDT Exclusive: Iraq seeks credit rating before jumbo bond issue DUBAI | BY HADEEL AL SAYEGH Iraq's Finance Minister Hoshiyar Zebari speaks during a news conference in Baghdad February 26, 2015. REUTERS/Khalid al-Mousily Iraq's Finance Minister Hoshiyar Zebari speaks during a news conference in Baghdad February 26, 2015. REUTERS/KHALID AL-MOUSILY
Iraq plans to obtain a sovereign credit rating and is approaching rating agencies as it prepares for a jumbo $5 billion bond issue needed to cover a budget deficit caused by low oil prices, its finance minister said on Thursday. "We started the process," Hoshiyar Zebari told Reuters by telephone.
"The banks are also trying to help us in that direction.” Iraq has said it will issue $5 billion of debt in its first international bond sale for nine years.
Its need for cash is acute; the government has projected a budget deficit of about $25 billion this year, in a budget of roughly $100 billion. Obtaining a credit rating from a major agency, which Iraq currently lacks, could help to persuade global fund managers and banks to subscribe to the issue.
Zebari said Iraq was trying to approach two or three rating agencies, which he did not name. It has been discussing its bond issue plan with Citibank and Deutsche Bank.
The process of obtaining a credit rating could be a delicate one for Iraq, requiring it to open its books to the agencies and disclose new information on its finances. Zebari did not say when he expected the process to be completed. Iraq's huge oil reserves in its southern fields, which have not been touched by the Islamic State insurgency, are expected to draw buyers to its bonds. But many fund managers think it would struggle to sell $5 billion in a short space of time, even with generous pricing.
BOBBY: I am still a little taken back by the brent speculations
Butifldrm: Asked if $5 billion was too ambitious, Zebari said: "We have in the budget a commitment to issue $6 billion. So this is the low - this is how we plan to cover our deficit. But there’s no way we can do it in one tranche.”
Iraq has an outstanding U.S. dollar bond maturing in 2028 462652AA6=; panic selling late last year as oil prices plunged pushed its yield to a record high of 10.49 percent from around 7.2 percent in September, but it has since dropped back to 8.04 percent.
Iraqi five-year credit default swaps IQGV5YUSAC=MP, used to insure against any sovereign default, are at 539 basis points, near their highest levels since late 2009.
In addition to the international bond issue, Iraq has introduced or is planning other fiscal measures including a local currency bond issue to banks, taxes on some consumer goods and public wage cuts. It has also been considering whether to ask for aid from the International Monetary Fund. (Editing by Andrew Torchia) http://ift.tt/1PdmnKA;http://ift.tt/1MYIuFv
tipsyterror: ‹@chattels› ok - wealthwatch.world/showthr... http://ift.tt/1MYIvJy
tipsyterror: Keep in mind that a rating does not equal a rate!
Comments may be made at the end of Part 2 Thank You
Iraq plans to obtain a sovereign credit rating and is approaching rating agencies as it prepares for a jumbo $5 billion bond issue needed to cover a budget deficit caused by low oil prices, its finance minister said on Thursday. "We started the process," Hoshiyar Zebari told Reuters by telephone.
"The banks are also trying to help us in that direction.” Iraq has said it will issue $5 billion of debt in its first international bond sale for nine years.
Its need for cash is acute; the government has projected a budget deficit of about $25 billion this year, in a budget of roughly $100 billion. Obtaining a credit rating from a major agency, which Iraq currently lacks, could help to persuade global fund managers and banks to subscribe to the issue.
Zebari said Iraq was trying to approach two or three rating agencies, which he did not name. It has been discussing its bond issue plan with Citibank and Deutsche Bank.
The process of obtaining a credit rating could be a delicate one for Iraq, requiring it to open its books to the agencies and disclose new information on its finances. Zebari did not say when he expected the process to be completed. Iraq's huge oil reserves in its southern fields, which have not been touched by the Islamic State insurgency, are expected to draw buyers to its bonds. But many fund managers think it would struggle to sell $5 billion in a short space of time, even with generous pricing.
BOBBY: I am still a little taken back by the brent speculations
Butifldrm: Asked if $5 billion was too ambitious, Zebari said: "We have in the budget a commitment to issue $6 billion. So this is the low - this is how we plan to cover our deficit. But there’s no way we can do it in one tranche.”
Iraq has an outstanding U.S. dollar bond maturing in 2028 462652AA6=; panic selling late last year as oil prices plunged pushed its yield to a record high of 10.49 percent from around 7.2 percent in September, but it has since dropped back to 8.04 percent.
Iraqi five-year credit default swaps IQGV5YUSAC=MP, used to insure against any sovereign default, are at 539 basis points, near their highest levels since late 2009.
In addition to the international bond issue, Iraq has introduced or is planning other fiscal measures including a local currency bond issue to banks, taxes on some consumer goods and public wage cuts. It has also been considering whether to ask for aid from the International Monetary Fund. (Editing by Andrew Torchia) http://ift.tt/1PdmnKA;http://ift.tt/1MYIuFv
tipsyterror: ‹@chattels› ok - wealthwatch.world/showthr... http://ift.tt/1MYIvJy
tipsyterror: Keep in mind that a rating does not equal a rate!
Comments may be made at the end of Part 2 Thank You
via Dinar Recaps - Our Blog http://ift.tt/1MYIvJE
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