Post From Wealthwatch.world Chat Room 8-24-15
Wealthwatch Member Night Chat 8-24-15 Part 1 of 2
Donnie: Crude Oil 38.88 -3.88% Gold 1,165.80 +0.62% EUR/USD 1.1638 +2.30% 10-Yr Bond 1.9380 -5.65% Corn 355.25 -2.74% Copper 2.22 -3.73% Silver 14.72 -4.09% Natural Gas 2.65 -1.56% Russell 2000 1,112.70 -3.81% VIX 28.03 +46.45% BATS 1000 20,686.80 -3.84% GBP/USD 1.5756 +0.46% USD/JPY 118.0015 -3.24%
Donnie: DOW -650 was down over 1000
Donnie: LONDON (Reuters) - Alarm bells rang across world markets on Monday as a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities panicked investors.
~~~
Wealthwatch Member Night Chat 8-24-15 Part 1 of 2
Donnie: Crude Oil 38.88 -3.88% Gold 1,165.80 +0.62% EUR/USD 1.1638 +2.30% 10-Yr Bond 1.9380 -5.65% Corn 355.25 -2.74% Copper 2.22 -3.73% Silver 14.72 -4.09% Natural Gas 2.65 -1.56% Russell 2000 1,112.70 -3.81% VIX 28.03 +46.45% BATS 1000 20,686.80 -3.84% GBP/USD 1.5756 +0.46% USD/JPY 118.0015 -3.24%
Donnie: DOW -650 was down over 1000
Donnie: LONDON (Reuters) - Alarm bells rang across world markets on Monday as a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities panicked investors.
~~~
European stocks were more than 5 percent in the red and Wall Street was braced for similar losses after Asian shares slumped to 3-year lows as a three month-long rout in Chinese equities threatened to get out of hand.
Oil plunged another 4 percent, while safe-haven government U.S. an German bonds and the yen and the euro rallied as widespread fears of a China-led global economic slowdown and currency war kicked in. http://ift.tt/1IaWMvX...
http://ift.tt/1LwWM0I
Dianne777: oh dear is this bad or good?
Doug_W: 777 R u invested in teh Stock mkt?
Dianne777: nope
Doug_W: then U won't feel any immediate impacts
TxBrand: Haider Al-Abadi @HaiderAlAbadi · 48m48 minutes
fb.me/3HLh0PY0X The crisis cell, acknowledged after the meeting on the action plan prepared by a Joint Committee of the Ministry of finance and others, and the private sector. lending program funded by the central bank of Iraq $ 5 trillion dinars evenly distributed to industry, Agriculture and population to consider those percentages in the light of success in investment mentioned sectors allocations. http://ift.tt/1TeJWFp... http://ift.tt/1LwWM0M
TxBrand: we get a dollar amount... or dinar amount... not sure -----> The IQD Team Connect @TheIQDTeam · 1h1 hour ago Israel purchased $1 billion worth of oil from Iraqi Kurds
TxBrand: doesn't say dollars -----------> $1 billion worth of oil from Iraqi Kurds
Doug_W: dollars
Doug_W: the "$" sign means dollars
Doug_W: if it was dinar it would say IQD
Sam: GM have been so out of pocket for a week... My youngest son got married over the weekend so maybe now I can focus a little more on the dinar. Now saying that has "anything" of any worth happen that makes us think we are moving in a forward motion towards this coming to an end???
Sam: notice I said coming to an end not end as soon or a few months LOL
Sam: I was thinking World Bank ok I need a litttle more infor than that if something has happened there
Doug_W: ...
whitelions: ‹@TxBrand› HI just so you know OIL is always traded in us dollars no matter where in the world they are called petro dollars but they are usd
TxBrand: ‹@whitelions› right duh me
whitelions: ‹@TxBrand› that happens to me all the time lol
whitelions: I'm watching Charile Rose interview Jimmy Carter
Doug_W: who is Charlie Rose?
Donnie: ‹@whitelions› other countries have stopped using the dollar to trade oil between themselves. Russia - China uses Gold. That started last year sometime.
Dianne777: so with this crash in sept and oct should we pull our money out of the bank?
MichelleL: this is a day that skyscraper windows were made for ;) Dianne, who knows?
Doug_W: I am not gonna
MichelleL: lol who has money in the bank anymore? ;)
Doug_W: like I said I am NOT gonna
BOBBY: BAGHDAD (Reuters) - Iraq's powerful Shi'ite cleric Moqtada al-Sadr, whose opinion holds sway over tens of thousands of supporters, called on his followers on Monday to join Friday protests in Baghdad, a move that could risk escalating tensions over government reforms.
The capital and many southern cities have witnessed demonstrations in recent weeks calling for the provision of basic services, the trial of corrupt politicians, and the shakeup of a system riddled with graft and incompetence.
Sadr's statement is the first direct appeal by a major party leader to participate in the protests, which emerged from anger over power cuts during a sweltering heatwave and have been mostly non-sectarian. The protests and a call by another prominent Shi'ite cleric, Grand Ayatollah Ali al-Sistani, to "strike with an iron fist" against corruption helped lead Prime Minister Haider al-Abadi to launch a major reform campaign earlier this month.
"We announce to all people and to the Sadrists in particular the need to participate in protests this Friday in Baghdad", Sadr said through a televised speech by spokesman Salah al-Obeidi in the holy city of Najaf. "The Sadrist participants should merge with the other protesters in a single, national Iraqi crucible."
He said protesters should unite behind demands for reforming the judiciary and sacking corrupt officials while avoiding personal demands or the display of sectarian banners and refraining from cursing or violating public morals.
The most recent demonstrations have lasted several days in southern cities including Basra and Hilla, where protesters have set up tents in the city center and sometimes faced forced evacuation. (Reporting by Stephen Kalin and Saif Hameed; Editing by Dominic Evans)
BOBBY: Baghdad (AFP) - As Iraq attempts to curb rampant corruption and streamline the government, the country's top Shiite cleric, Grand Ayatollah Ali al-Sistani, is playing a crucial role supporting the reform drive. Sistani, who is revered by millions and has unmatched prestige in Iraq, issued multiple calls for change this month, kickstarting Prime Minister Haider al-Abadi's reform efforts and making it politically risky for Shiite politicians to openly oppose them.
But even with Sistani's backing and popular pressure from weeks of protests against corruption and poor services, the fact that parties across the political spectrum benefit from graft is a major obstacle to the nascent reform.
"Sistani's calls for reform give Abadi the political space necessary to begin the process of change," said Hayder al-Khoei, an associate fellow at the Chatham House think-tank. "Some reform measures may certainly have been possible without the calls from Sistani, but the PM wouldn't have had as much power or freedom to push them without this critical support," said Khoei.
Iraq's top Shiite cleric, Grand Ayatollah Ali al-Sistani (AFP Photo/) "Many Iraqis ran out of patience and protested against the poor conditions in the country and requested they be improved," Sistani told AFP in a written reply from his office to questions on his decision to intervene.
The Marjaiya, or supreme Shiite religious authority, "found that the time was favourable for a strong push," said Sistani. - Sistani's calls for change –
"The Marjaiya hoped that the political class that came to power through the ballot box would administer the country correctly and that major problems requiring the intervention of the Marjaiya... would not happen," he said.
"Unfortunately, things happened differently." Iraqi demonstrators hold national flags and banners during a demonstration to express support for Pr … Corruption is widespread in Iraq, from low-level officials to those in senior posts, and services are abysmal, especially electricity, with Iraqis rece
whitelions: ‹@Donnie› but they only tread oil between themselfs no one else in the world and it's only b/c of the scations on russia that they sell there oil chep to china
Doug_W: ♥♥♥ Stupid RV Anyhow ♥♥♥© ™® Pat pend.
EdoBini: l wish to repeat it again and again, !!! No RV, No peace/ !!! So Abadi, Let my money go <<<<
Doug_W: ‹@EdoBini› that makes no sense to me please enlighten me
lonegunman: Haider Al-Abadi @HaiderAlAbadi 1m1 minute ago Capital injection of $4.36 billion approved for agricultural, industrial and housing sectors http://ift.tt/1IaWO76... …
MichelleL: amazing how quiet everyone is
MichelleL: are you all just waiting for the sky to fall??
Donnie: ‹@MichelleL› lol
MichelleL: ‹@Donnie› :) Good afternoon~
MichelleL: I'm actually glad today is over, and I really don't like wishing away the time
Doug_W: ‹@MichelleL› distract urself I am looking at this:
Doug_W: showroom.auction123.com/c...
http://ift.tt/1IaWMw3
BOBBY: wonder if i can pay the bills in dinar lol
Doug_W: not even in Iraq Bobby
MichelleL: ‹@Doug_W› nice seta wheels! wonder if we can get willie nelson to drive it for us lol
Doug_W: lol
BOBBY: maybe they take the zim lol lol lol
Doug_W: I can drive HE can play
MichelleL: bobby, why not - just tell them trump sent ya
BOBBY: MichelleL. ...... lol prob charge me double
MichelleL: ‹@BOBBY› rofl
BOBBY: MichelleL...... got a cold front coming in supposed to be in the 50s tonight
MichelleL: I'd be dancing in the street - oh sorry, you can't dance
MichelleL: i'd love some cool weather
[05:50:56 PM] chattels: ERBIL, Kurdistan Region – Shiite firebrand leader Moqtada al-Sadr called on Iraqis to stage a massive demonstration against official corruption this week,
urging authorities to heed public demands for clean government. “Muqtada al-Sadr calls on the followers of his party and the people of Iraq to pour into streets to fight corruption and punish the corrupt on Friday,” said a statement read in a televised speech by spokesman Salah al-Obeidi in the holy city of Najaf.
“Sadr has urged the government to hear the people’s demands,” he said. "We announce to all people, and to the Sadrists in particular, the need to participate in protests this Friday in Baghdad,” Obeidi said. "The Sadrist participants should merge with the other protesters in a single, national Iraqi crucible.”chattels: http://ift.tt/1Ny5Ort...
http://ift.tt/1Nx2YGo
Oil plunged another 4 percent, while safe-haven government U.S. an German bonds and the yen and the euro rallied as widespread fears of a China-led global economic slowdown and currency war kicked in. http://ift.tt/1IaWMvX...
http://ift.tt/1LwWM0I
Dianne777: oh dear is this bad or good?
Doug_W: 777 R u invested in teh Stock mkt?
Dianne777: nope
Doug_W: then U won't feel any immediate impacts
TxBrand: Haider Al-Abadi @HaiderAlAbadi · 48m48 minutes
fb.me/3HLh0PY0X The crisis cell, acknowledged after the meeting on the action plan prepared by a Joint Committee of the Ministry of finance and others, and the private sector. lending program funded by the central bank of Iraq $ 5 trillion dinars evenly distributed to industry, Agriculture and population to consider those percentages in the light of success in investment mentioned sectors allocations. http://ift.tt/1TeJWFp... http://ift.tt/1LwWM0M
TxBrand: we get a dollar amount... or dinar amount... not sure -----> The IQD Team Connect @TheIQDTeam · 1h1 hour ago Israel purchased $1 billion worth of oil from Iraqi Kurds
TxBrand: doesn't say dollars -----------> $1 billion worth of oil from Iraqi Kurds
Doug_W: dollars
Doug_W: the "$" sign means dollars
Doug_W: if it was dinar it would say IQD
Sam: GM have been so out of pocket for a week... My youngest son got married over the weekend so maybe now I can focus a little more on the dinar. Now saying that has "anything" of any worth happen that makes us think we are moving in a forward motion towards this coming to an end???
Sam: notice I said coming to an end not end as soon or a few months LOL
Sam: I was thinking World Bank ok I need a litttle more infor than that if something has happened there
Doug_W: ...
whitelions: ‹@TxBrand› HI just so you know OIL is always traded in us dollars no matter where in the world they are called petro dollars but they are usd
TxBrand: ‹@whitelions› right duh me
whitelions: ‹@TxBrand› that happens to me all the time lol
whitelions: I'm watching Charile Rose interview Jimmy Carter
Doug_W: who is Charlie Rose?
Donnie: ‹@whitelions› other countries have stopped using the dollar to trade oil between themselves. Russia - China uses Gold. That started last year sometime.
Dianne777: so with this crash in sept and oct should we pull our money out of the bank?
MichelleL: this is a day that skyscraper windows were made for ;) Dianne, who knows?
Doug_W: I am not gonna
MichelleL: lol who has money in the bank anymore? ;)
Doug_W: like I said I am NOT gonna
BOBBY: BAGHDAD (Reuters) - Iraq's powerful Shi'ite cleric Moqtada al-Sadr, whose opinion holds sway over tens of thousands of supporters, called on his followers on Monday to join Friday protests in Baghdad, a move that could risk escalating tensions over government reforms.
The capital and many southern cities have witnessed demonstrations in recent weeks calling for the provision of basic services, the trial of corrupt politicians, and the shakeup of a system riddled with graft and incompetence.
Sadr's statement is the first direct appeal by a major party leader to participate in the protests, which emerged from anger over power cuts during a sweltering heatwave and have been mostly non-sectarian. The protests and a call by another prominent Shi'ite cleric, Grand Ayatollah Ali al-Sistani, to "strike with an iron fist" against corruption helped lead Prime Minister Haider al-Abadi to launch a major reform campaign earlier this month.
"We announce to all people and to the Sadrists in particular the need to participate in protests this Friday in Baghdad", Sadr said through a televised speech by spokesman Salah al-Obeidi in the holy city of Najaf. "The Sadrist participants should merge with the other protesters in a single, national Iraqi crucible."
He said protesters should unite behind demands for reforming the judiciary and sacking corrupt officials while avoiding personal demands or the display of sectarian banners and refraining from cursing or violating public morals.
The most recent demonstrations have lasted several days in southern cities including Basra and Hilla, where protesters have set up tents in the city center and sometimes faced forced evacuation. (Reporting by Stephen Kalin and Saif Hameed; Editing by Dominic Evans)
BOBBY: Baghdad (AFP) - As Iraq attempts to curb rampant corruption and streamline the government, the country's top Shiite cleric, Grand Ayatollah Ali al-Sistani, is playing a crucial role supporting the reform drive. Sistani, who is revered by millions and has unmatched prestige in Iraq, issued multiple calls for change this month, kickstarting Prime Minister Haider al-Abadi's reform efforts and making it politically risky for Shiite politicians to openly oppose them.
But even with Sistani's backing and popular pressure from weeks of protests against corruption and poor services, the fact that parties across the political spectrum benefit from graft is a major obstacle to the nascent reform.
"Sistani's calls for reform give Abadi the political space necessary to begin the process of change," said Hayder al-Khoei, an associate fellow at the Chatham House think-tank. "Some reform measures may certainly have been possible without the calls from Sistani, but the PM wouldn't have had as much power or freedom to push them without this critical support," said Khoei.
Iraq's top Shiite cleric, Grand Ayatollah Ali al-Sistani (AFP Photo/) "Many Iraqis ran out of patience and protested against the poor conditions in the country and requested they be improved," Sistani told AFP in a written reply from his office to questions on his decision to intervene.
The Marjaiya, or supreme Shiite religious authority, "found that the time was favourable for a strong push," said Sistani. - Sistani's calls for change –
"The Marjaiya hoped that the political class that came to power through the ballot box would administer the country correctly and that major problems requiring the intervention of the Marjaiya... would not happen," he said.
"Unfortunately, things happened differently." Iraqi demonstrators hold national flags and banners during a demonstration to express support for Pr … Corruption is widespread in Iraq, from low-level officials to those in senior posts, and services are abysmal, especially electricity, with Iraqis rece
whitelions: ‹@Donnie› but they only tread oil between themselfs no one else in the world and it's only b/c of the scations on russia that they sell there oil chep to china
Doug_W: ♥♥♥ Stupid RV Anyhow ♥♥♥© ™® Pat pend.
EdoBini: l wish to repeat it again and again, !!! No RV, No peace/ !!! So Abadi, Let my money go <<<<
Doug_W: ‹@EdoBini› that makes no sense to me please enlighten me
lonegunman: Haider Al-Abadi @HaiderAlAbadi 1m1 minute ago Capital injection of $4.36 billion approved for agricultural, industrial and housing sectors http://ift.tt/1IaWO76... …
MichelleL: amazing how quiet everyone is
MichelleL: are you all just waiting for the sky to fall??
Donnie: ‹@MichelleL› lol
MichelleL: ‹@Donnie› :) Good afternoon~
MichelleL: I'm actually glad today is over, and I really don't like wishing away the time
Doug_W: ‹@MichelleL› distract urself I am looking at this:
Doug_W: showroom.auction123.com/c...
http://ift.tt/1IaWMw3
BOBBY: wonder if i can pay the bills in dinar lol
Doug_W: not even in Iraq Bobby
MichelleL: ‹@Doug_W› nice seta wheels! wonder if we can get willie nelson to drive it for us lol
Doug_W: lol
BOBBY: maybe they take the zim lol lol lol
Doug_W: I can drive HE can play
MichelleL: bobby, why not - just tell them trump sent ya
BOBBY: MichelleL. ...... lol prob charge me double
MichelleL: ‹@BOBBY› rofl
BOBBY: MichelleL...... got a cold front coming in supposed to be in the 50s tonight
MichelleL: I'd be dancing in the street - oh sorry, you can't dance
MichelleL: i'd love some cool weather
[05:50:56 PM] chattels: ERBIL, Kurdistan Region – Shiite firebrand leader Moqtada al-Sadr called on Iraqis to stage a massive demonstration against official corruption this week,
urging authorities to heed public demands for clean government. “Muqtada al-Sadr calls on the followers of his party and the people of Iraq to pour into streets to fight corruption and punish the corrupt on Friday,” said a statement read in a televised speech by spokesman Salah al-Obeidi in the holy city of Najaf.
“Sadr has urged the government to hear the people’s demands,” he said. "We announce to all people, and to the Sadrists in particular, the need to participate in protests this Friday in Baghdad,” Obeidi said. "The Sadrist participants should merge with the other protesters in a single, national Iraqi crucible.”chattels: http://ift.tt/1Ny5Ort...
http://ift.tt/1Nx2YGo
newbieDA: Parliamentary Energy: Adoption of the oil and gas law is an urgent need for the current time History of edits:: 2015/8/24 18:53 • 65 visits readable Parliamentary Energy: Adoption of the oil and gas law is an urgent need for the current time
{Baghdad: Euphrates News} stressed the Commission on oil and energy parliamentary member Mahabs Razak, on the need to give the House a priority task of the laws,
noting that approval of oil and gas law is an urgent need for the current time. He said Mahabs told {Euphrates News} today that "there are a number of important laws to now will not see the light at a standstill and in the corridors of the House of Representatives for many years between the executive and legislative Alsultatin".
He noted that "it is time to approve oil and gas law because of its great importance in the organization and management of oil wealth in the country, especially as there is a lack of harmony between Baghdad and Erbil." He said the "approval of oil and gas law was a major achievement and an urgent need to organize oil Altherorh administration", urging "the political blocs to overcome their differences over oil and gas law and approval by the House of Representatives."
The Oil Minister Adel Abdul-Mahdi, said earlier that the approval of oil and gas law, will contribute to the achievement of social justice through the provision of investment opportunities great, and Sacefr differences associated with the adoption of the general budget, adding that the law would give wide latitude for the oil sector, to grow and implement planned projects . M ended
newbieDA: http://ift.tt/1LBTFmS... LINK
Comments may be made at the end of Part 2 Thank You
{Baghdad: Euphrates News} stressed the Commission on oil and energy parliamentary member Mahabs Razak, on the need to give the House a priority task of the laws,
noting that approval of oil and gas law is an urgent need for the current time. He said Mahabs told {Euphrates News} today that "there are a number of important laws to now will not see the light at a standstill and in the corridors of the House of Representatives for many years between the executive and legislative Alsultatin".
He noted that "it is time to approve oil and gas law because of its great importance in the organization and management of oil wealth in the country, especially as there is a lack of harmony between Baghdad and Erbil." He said the "approval of oil and gas law was a major achievement and an urgent need to organize oil Altherorh administration", urging "the political blocs to overcome their differences over oil and gas law and approval by the House of Representatives."
The Oil Minister Adel Abdul-Mahdi, said earlier that the approval of oil and gas law, will contribute to the achievement of social justice through the provision of investment opportunities great, and Sacefr differences associated with the adoption of the general budget, adding that the law would give wide latitude for the oil sector, to grow and implement planned projects . M ended
newbieDA: http://ift.tt/1LBTFmS... LINK
Comments may be made at the end of Part 2 Thank You
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