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Tuesday, November 3, 2015

Wealthwatch Tuesday AM Chat 11-3-15  

Post From Wealthwatch.world Chat Room  11-3-15
Wealthwatch Tuesday AM Chat 11-3-15   

*SCZIN11: CHALIBI DEAD?....BUDGET ARRIVES IN PARLIAMENT
 
*SCZIN11: Parliamentary Finance: Budget Parliament arrived yesterday and the death of Chalabi hamper approval
 
  chattels: We affirm our determination and our resolve to continue the reforms and the fight against corruption and the corrupt and not to retreat from that despite the challenges and obstacles.
 
Will not succeed attempts of losing their privileges of blocking reforms or turn the clock back and reverse what we've done, the will of the citizens stronger than them and Stqtal the roots of corruption and achieve justice in Iraq. [ Facebook ]   chattels: Haider al Abadi
 ~~~
chattels: Newshound Guru Kaperoni Article: "eliminates the parliament's decision not to ratify the paper Abadi reforms" ...parliament voted in favor of Abadi's reforms as long as they are constitutional. Which is a setback of sorts since Abadi was trying to get his reforms done expeditiously. This is not good news in the sense that it will probably slow progress down to a crawl because we know how slow parliament is to approve anything...and as some believe a win for Maliki and his attempts to prevent progress.
 
 chattels: Abadi announced his reforms on August 8, almost three months ago. If the actions of Parliament today " slow progress down to a crawl " then we are months away from real reform.
 
*SCZIN11: CHALIBI DEAD?....BUDGET ARRIVES IN PARLIAMENT
 
*SCZIN11: Parliamentary Finance: Budget Parliament arrived yesterday and the death of Chalabi hamper approval
 
*SCZIN11: Parliamentary Finance Committee confirmed, Tuesday, the arrival of the year 2016 budget to the House of Representatives, as pointed out that the death of Ahmad Chalabi, Chairman of the Committee will hinder discussion and read the budget. Deputy Chairman of the Committee Ahmed Hama told / information /, said that "next year's budget in 2016 came at the end of the official working day yesterday to the Presidency of the Council of Representatives, which in turn will transfer to the Finance Committee."
 
He added flesh, that "the death of MP Ahmad Chalabi will hinder discussion and adoption of the budget as the Chairman of the Committee and her personal weight of parliament." A source revealed earlier on Tuesday for the death of President of the Iraqi National Congress and Chairman of the Finance Committee MP Ahmad Chalabi, a heart attack.   *SCZIN11: wealthwatch.world/showthr...
 
http://ift.tt/1SlHHiN
 
 
*SCZIN11: AND MORE INTL CONFIRMATION
 
*SCZIN11: Prominent Iraqi Politician, Dies, State TV Reports[ By REUTERS NOV. 3, 2015, 3:39
 
*SCZIN11: BAGHDAD - Ahmed Chalabi, the smooth-talking Iraqi politician who played a role in persuading the United States to topple Saddam Hussein in 2003, died on Tuesday of a heart attack, state television and two parliamentarians said. Haitham al-Jabouri, secretary of parliament's financial panel, which Chalabi had chaired, said attendants had found him dead in his bed in his Baghdad home.
 
Chalabi was widely seen as the man who helped push the United States into invading Iraq in 2003 with information about Saddam Hussein's weapons of mass destruction programme that was eventually discredited. After Saddam's fall, Chalabi returned from exile in Britain and the United States.
 
At one point his name was floated as a candidate for prime minister but he never managed to rise to the top of Iraq's stormy, sectarian-driven politics. His eventual fallout with his former American allies also hurt his chances of becoming an Iraqi leader. (Reporting by Baghdad newsroom; Writing by Michael Georgy; Editing by Dominic Evans)   *SCZIN11: wealthwatch.world/showthr...
 
http://ift.tt/1SlHHiN
 
BOBBY: this is an interesting week of news so far.. first the vp positions and now Chalabi...
 
 
*SCZIN11: CNN BREAKING NEWS... 5:33 AM EST NOVEMBER 3, 2015
 
*SCZIN11: Controversial Iraqi political figure Ahmed Chalabi has died of a heart attack, a senior Iraqi military source told CNN. Iraqi state media also reported the death of Chalabi, who played a prominent role in U.S. claims under President George W. Bush in the lead-up to the invasion of Iraq in 2003 that dictator Saddam Hussein possessed weapons of mass destruction.
 
SCZIN11: THERE ARE SOME CALLING FOR AN INVESTIGATION INTO HIS DEATH
 
chattels: Sounds as though he died before he saw the budget.
 
 
chattels: An informed source in the National Alliance, said the prime minister Haider al-Abadi, Egypt on the abolition of the posts of Vice President of the Republic and merging ministries.
 
The source told all of Iraq [where], that "al-Abadi and during a meeting in his office yesterday with a delegation of the Alliance of Iraqi forces, the presence of the leaders of the National Alliance confirmed that the pan reforms were good and important, and he does not waive them, especially Modootai the Vice-President of the Republic, and the integration of ministries ". chattels: http://ift.tt/1LEwWYk...
 
http://ift.tt/1H3vX2V
 
 
chattels: BAGHDAD / National Iraqi News Agency / nina / denied MP Badr Parliamentary Vice-Chairman of the Committee of Displacement and Migration nostalgia Qadu news block which refers to the withdrawal of the House of Representatives with its mandate of Prime Minister Haider al-Abadi.
 
He Qadu in a press release that "the legislative institution did not withdraw its mandate to the President Ministers and that this mandate is still valid as long as al-Abadi walking steps and properly.
 
"He stressed Qadu the need for all reforms be according to the law and the Constitution and to Atkhalv an item or law passed by Parliament, calling for the accuracy and objectivity in the dissemination of news especially important topics related to the fate and lives of citizens . http://ift.tt/1GNR4RF...
 
http://ift.tt/1SlHHiP
 
chattels: BAGHDAD / National Agency Alaracayh news / nina / confirmed the official spokesman of the State of Law Coalition MP Khalid al-Asadi "continuing differences between the political blocs to pass important laws in the parliament." He said in a statement to the Iraqi News / Nina / "National Agency that some laws are still in dispute
 
The conflict between the political blocs, such as the National Guard and amnesty and the Federal Court, and other laws, while some other laws move in Parliament recognizes after agreed upon, pointing out that all the laws that come from the government should the House of Representatives to consider it and discuss and take a position on them. "
 
and about the continued Abadi reforms, Asadi said "It's so far there are no accurate information to suggest the existence of a new package of reforms launched by al-Abadi soon, adding," but the government in the light of the basic package, take a package of new and ongoing actions by pointing out that "the Parliament is dealing positively with the government reforms package ".  chattels: http://ift.tt/1GNR4RF...
 
http://ift.tt/1H3vZYF
 
Butifldrm: GM everyone. Everyone needs to read these articles. I was shocked
 
Butifldrm: U.S. Cut Cash to Iraq on Iran, ISIS Fears Fed and Treasury officials were concerned that dollars were ending up at sanctioned Iranian banks and possibly being funneled to Islamic State militants[Currency is exchanged at a market in Erbil, Iraq, last year. A temporary move by the U.S. to stop cash shipments to Iraq’s central bank pushed the country’s financial system to the brink of a crisis this year.
 
Butifldrm: wealthwatch.world/showthr...
 
http://ift.tt/1SlHHz3
 
Butifldrm: Truly explains one more piece to the Liquidity Problem Iraq is facing
 
Doug_W: ‹@Butifldrm› very interesting
 
chattels: ‹@Butifldrm› very interesting article - shows to some extent how little we know of / about Iraq contemporaneous to an event(s), IMO
 
chattels: But, again, I confess my ignorance of macroeconomic matters
 
chattels: " ...... the dollars are flowing again and with better oversight, according to U.S. and Iraqi officials and people familiar with the matter."
 
Butifldrm: ‹@chattels› what puzzles me is that the only time we saw the dollar auctions go down is this past summer when Parliament added that amendment to the budget which limited the auctions to 75M
 
Butifldrm: Now we see the auctions back up to 200M
 
 chattels: " On Aug. 6, just days before Iraq’s central bank said it would run out of dollars, the Fed and the New York Fed sent nearly $500 million. It has sent several more in the weeks since then."
 
Butifldrm: yea 
chattels: " The issue isn’t fully resolved. On Oct. 2, the Treasury hosted a classified meeting in Washington focused on Iraq exchange houses that could have connections to Islamic State, according to people familiar with the meeting.
 
A couple of those exchange houses are owned by politically connected Iraqis, and U.S. officials discussed how best to persuade other Iraqi officials to terminate those relationships, one of these people said."
 
Butifldrm: I knew Iraq/CBI had gone thru almost half of their reserves during this crisis, but had no idea they had almost completely run out of money
 
Butifldrm: Yea, wonder if those ten gov't officials that had arrest warrants had any connection
 
chattels: ‹@Butifldrm› thanks for posting. no clue as to what it may mean for our liquidity event.
 
chattels: ‹@Butifldrm› those ten were all " former " officials is my best understanding, but
 
Butifldrm: Just wondering what Happened on the 2nd
 
Butifldrm: The Ministry of Finance approved on 2015/10/28 conduct a public auction auction (Y14) for the sale of the treasury for their remittances (364) on 02.11.2015 Central Bank of Iraq acknowledged on 2015/10/27 conduct a public auction auction (C148) for the sale of the bank for their remittances (91) days 01.11.2015 To / all banks (the Central Bank of Iran) 01/11/2015
 
Butifldrm: these are the CBI news and announcements
 
chattels: " A couple of those exchange houses are owned by politically connected Iraqis,... "
 
Butifldrm: yea
 
Butifldrm: because of the connection to Iran
 
Butifldrm: probably shia officials
 
plowboy: good morning all, I was wondering what yall's take on Chalabi's death was


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