Wealthwatch Tuesday Night OOTW Chat 12-22-15 Part 1 of 2

WEALTHWATCH 12-22-15
Post From Wealthwatch.world  Chat Room
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Wealthwatch  Tuesday Night OOTW  Chat 12-22-15   Part 1 of 2
 
 
OOTW: Presidency of the Republic to ratify the investment law wealthwatch.world/showthr...
http://ift.tt/1JvamN0
 
OOTW: THIS IS MAKING THE ROUNDS IN DINAR LAND.....FOR NOW, THIS IS ALL I WILL SAY.....

OOTW: WHEN I SEE THIS PUBLISHED AT THE MINISTRY OF JUSTICE SITE (WHICH, CURRENTLY, IT IS NOT) OR AS A PRESS RELEASE, ISSUED AT PRESIDENT MASSUM'S WEBSITE (WHICH, CURRENTLY, IT IS NOT) –
 
THEN, (AND ONLY THEN) WE MAY ASSUME IT IS AN ENFORCEABLE LAW. NOTE - THE MOST RECENT RELEASE OF THE GAZETTE AT THE MINISTRY OF JUSTICE SITE IS NOT TRANSLATABLE - IT'S ENCRYPTED http://ift.tt/1Oa6574....
~~~

I WILL BE KEEPING MY EYE ON THIS. TY. http://ift.tt/1JvapIo
 
OOTW: MY APOLOGIES EVERYONE I'VE BEEN DOWN WITH THE FLU
OOTW: I'LL BE BACK INTO CHAT MORE REGULARLY ANOTHER DAY...I THINK I'VE CLEARED THE "OVER THE HUMP" HURDLE OF THIS BUG   OOTW: TYVM
 
OOTW: HERE'S THIS  OOTW: wealthwatch.world/showthr...
http://ift.tt/1JvaoEy
 
OOTW: QUOTE: "The Rouhani administration, however, managed to restore stability to the market and bring forex rates down. In two years, the 11th government cut down inflation from 40 percent to 13 percent. This success was an outcome of a greater concordance among the government’s monetary, financial and forex policies.
 
 Unlike the past, the CBI did not insist on keeping the rial’s parity rate stable against that of the dollar, which helped narrow the gap between the free-market, official and exchange rates.
 
Moreover, the remarkable difference between the domestic and foreign inflation and the use of market mechanism further helped reduce the gap between the rial and other currencies, which is necessary for striking a balance in the forex market. Given that oil prices have dropped drastically and the global markets have fallen into an unprecedented recession, raising non-oil exports will be necessary.
 
Following the removal of the sanctions, the CBI will be able to exercise a more efficient management over the forex market and further narrow the gap between the rial and other currencies."
 
THIS IS NOT GREATLY DIFFERENT TO WHAT IRAQ IS ATTEMPTING TO ACCOMPLISH RIGHT NOW.....EXPAND OTHER WAYS TO GENERATE INCOME FOR THE COUNTRY BESIDES OIL.
 
SOMETHING MAY IF NOT ALL MIDDLE EAST COUNTRIES WILL NOW NEED TO DO - LET'S KEEP WATCHING OPEC AND ANY REGULATIONS RE OIL PRODUCTION AND PPB WE CAN.

ALSO, I WANT TO NOTE THAT FROM ALL MEDIA ANALYSIS I'VE BEEN WATCHING RE IRAQ...
 
MOST COMMENTATOR'S ARE OPENLY REFERRING TO IRAQ IS AN "IRANIAN SATELLITE GOVERNMENT" I CAN'T GET AWAY FROM THE GUT FEELING THAT WHATEVER'S GOING TO HAPPEN IN IRAQ IS INEXTRICABLY CONNECTED TO IRAN. TIME WILL TELL .
 
Abraham: Wow! Very smart. Take the loan prior to revaluation that will provide positive foreign exchange gain to use against the deficit in 2017
 
OOTW: AGREED ABRAHAM
Abraham: Want to share a little story
OOTW: PLEASE
 
Abraham: When I started my packaging company in those days interest was high at17%. Because Finland wanted to export paper to the Caribbean I struct a deal with the Government through their development Bank to refinance my loan at 2 1/2%. Their are many opportunities that will be available to Iraq to develop their Manfacturing Sector.
 
OOTW: WELL IT SEEMS THEY WANT TO TAKE THE BULK OF THE RECENT WB LOAN TO DEVELOP THE PRIVATE SECTOR   OOTW: AHEAD OF THE THEIR WTO MEETING SPRING OF 2016
 
Abraham: By doing so when I paid off for my Printing Equipment I made a huge foreign exchange gain. I was just 21 years old then. But the Lord was with me and I learnt so much
 
OOTW: AWWW THAT'S GREAT ABRAHAM TYVM FOR SHARING
 
OOTW: The IMF noted that "prospects for 2016/17 are brighter, owing to the prospective lifting of economic sanctions. Higher oil production, lower costs for trade and financial transactions, and restored access to foreign assets, are expected to lift real GDP to about 4–5.5 percent next year."
 
The International Monetary Fund also advised the country to keep inflation under 10 percent by undertaking relevant monetary and fiscal policy. It also praised announcements by the Iranian government that it would unify the foreign exchange market and remove foreign exchange restrictions and multiple currency practices. Iran’s Minister of Petroleum Bijan Namdar Zangeneh said earlier this month that oil sanctions will be lifted soon. 

OOTW: wealthwatch.world/showthr...
http://ift.tt/1JvaoEA
 
OOTW: IMF Executive Board Concludes 2015 Article IV Consultation with Iran
OOTW: I WILL POST THIS IN THE IRAN SECTION BRB
 
Abraham: The key is finding products to produce that give you an advantage in International Markets and one that have the right value added labor content
 
OOTW: wealthwatch.world/showthr...
http://ift.tt/1JvaoEC
 
OOTW: TRUE AND THAT IS A TRUE SKILL, TO BE ABLE TO DISCERN THAT, ABRAHAM   OOTW: SKILL/GIFT
 
Abraham: Very true
 
OOTW: HERE'S A QUOTE FROM IRAN'S IMF ARTICLE IV CONSULT "Directors welcomed the authorities’ commitment to unify the foreign exchange market by end-September 2016, and encouraged the prompt removal of the foreign exchange restriction and multiple currency practices. While welcoming recent progress, Directors advised further improving the timeliness and quality of official statistics."
 
OOTW: HMMM JUST NOTICED THIS
OOTW: "2 Iran fiscal year ends March 20."
 
Abraham: As you observe these articles you can discern that Malaki was a true Iran puppet at Iraq's expense
 
OOTW: ABSOLUTELY ABRAHAM
 
chattels: Reidar Visser ‏@reidarvisser 12h12 hours ago While some areas cleared by #Iraq sec forces today (Dhubat in S) are fairly close to #Ramadi city centre, others (Albu Diab) 2 kilometres N.
 
chattels: Reidar Visser ‏@reidarvisser 11h11 hours ago Local govt official in #Ramadi claims some US special forces take part on frontline of ops to retake city from ISIS http://ift.tt/1LEwWYk... …
http://ift.tt/1Oa682E
 
chattels: Reidar Visser ‏@reidarvisser 9h9 hours ago By end of 1st day of #Iraq govt op to retake #Ramadi from ISIS, reports focus on gains on south flank of city centre   LINK
 
chattels: Reidar Visser ‏@reidarvisser 7h7 hours ago Bit surprised that #Iraq PM Abadi still hasn't said anything re launch of #Ramadi op on social media or his official website.
 
OOTW: WOW TY CHATTELS
 
chattels: Reidar Visser does not usually comment upon military matters
 
chattels: Visser seems surprised at the lack of " official " declaration
 
chattels: Interestingly, both Abadi and Obeidi ( Defense Minister ) are in China and out of the country
 
chattels: conclusion ?
 
OOTW: YES I AGREE ABOUT MR VISSER - RE ABADI AND OBEIDI BEING OUT OF THE COUNTRY, DOES SEEM A BIT ODD AT LEAST THAT OBEIDI IS NOT IN IRAQ.....

AND NOW ONE OF THE AGREEMENTS WITH CHINA ENTAILS BOLSTERING MILITARY TIES, SO AT LEAST THIS EXPLAINS WHY
 
chattels: the involvement of American special forces is a bit surprising to me or at least any publicity as to same
 
chattels: likely that Abadi expects the campaign to retake Ramadi may go on for some time as in Tikrit
 
 OOTW: CNN INTERVIEW/PANEL DISCUSSION I WATCHED TODAY ON THE SUBJECT STATING THE PROGRESS TO BE SLOW BUT STEADY
 
chattels: Ramadi is said to be surrounded so the 3-400 suicide DAESH may fight it out. One report some time ago stated that the DAESH forces in Ramadi were foreigners.
 
OOTW: I BELIEVE THE CNN REPORT STATED LESS THAN 150
 
OOTW: I WILL POST SOME OF THE TRANSCRIPT HERE
 
OOTW: Happening right now, ISIS under siege and using civilians as human shields as counterterrorist forces launch a major offensive to retake the key city of Ramadi. Also, she was once lauded for turning her troubled life around.
 
New details about - emerging now about the history of a suspect charged with murder who police say intentionally drove her car into a crowd along the Las Vegas Strip. And, she died in jail three days after she was pulled over for failing to use a turn signal.
 
The family of Sandra Bland speaking out as a Texas jury decides not to indict anyone in the case. Stay with us. (COMMERCIAL BREAK) [14:15:55]

LEMON: Happening right now, a massive military push against ISIS in Iraq. Government forces there carrying out an operation to take the city center of Ramadi back from ISIS terrorists. Bombers from the U.S.-led coalition backing the operation with air power.
 
Let's discuss, Barbara Starr, CNN's Pentagon correspondent. Also with me, CNN contributor Michael Weiss. He is the co-author of "ISIS: Inside the Army of Terror."

Barbara, you first. What are you hearing about the Iraqi army's push right now and the role the U.S. is playing?
 
BARBARA STARR, CNN PENTAGON CORRESPONDENT: Don, at this hour, some very tough fighting ahead for Iraqi forces on the ground in Ramadi. They began this very surprising maneuver earlier today when they unfolded essentially a pontoon, a floating bridge, across a portion of the Euphrates River and began to make their daylight move into the center of Ramadi.
 
They'd been fighting in the outer neighborhoods for some weeks, but now Iraqi forces moving right into the center of Ramadi, right into the heart of where they think there might be up to 500 ISIS fighters well dug in using human shields, civilians as human shields, IEDs, bombs, booby traps, all of it. It is going to be, by all accounts, very tough fighting for the Iraqis.
 
chattels: DAESH has had months to booby trap the town and there is the concern of their using the population as human shields also
 
OOTW: YES
 
OOTW: There's a couple of issues at hand. If they get the city center back, can they hold on to it. ISIS will be very tough to dig out of there on a permanent basis and you will recall seven months ago Iraqi forces basically ran from the fight when ISIS first moved into Ramadi in a very strong fashion with hundreds of fighters.
 
There's been a lot of U.S. effort over the last seven months to get them trained up, to get them ready to make this move. But will they get Ramadi back? Will they be able to hold on to it?

LEMON: That's a good question and I'll ask that to Michael Weiss.
 
Do you believe that the Iraqi army, the same army that lost Ramadi, can not just win it back, but as Barbara Starr said, can hold it at this time?
 
MICHAEL WEISS, CNN CONTRIBUTOR: I mean that's the real difficulty, Don. You know, the - on the plus side, the most elite Iraqi military division is called the golden division.
 
It's their special forces. These guys have been through it all, including, by the way, being kidnapped by Shia militias. They're not just fighting ISIS, in some cases, they're fighting other pro-Iraqi government forces. Their moral does not seem to have flagged. I mean they're very gung ho about pushing in.  

OOTW: Now the reality difficulty too is, what is going to be left to hold on to? This is where ISIS gets it - becomes its most brutal.
​
They have a certain kind of IED that they install into houses whereby anybody who steps on a trip wire or on a cord on the ground sets off a chain reaction, a series of explosions, that make the house collapse on top of them.
 
So they could very well be looking to destroy as much infrastructure as possible. We've already - you've talked about human shields. Reuters, about a week or two ago, had a piece where it described Ramadi as a kind of geographical coffin. They are not letting civilians flee.
 
They're not letting any kind of humanitarian corridors out because they know, the more civilian casualties, the more fatalities, the more the population will see the pro-government forces marching in, not as liberators but as sort of agents of death, accidentally so.
 
So I - I'm - you know, we have to be very careful about sort of going rah-rah and declaring victory here. There's a long fight ahead.

LEMON: I want to discuss a little bit more in depth about what you said because - about the using of human shields, using civilians as human shields. WEISS: Yes.
 
 
OOTW: LEMON: They're known for laying traps and bombs as they are pushed out, as you have said. So it's quite a dangerous place, Ramadi is right now, for the troops and for the civilians. WEISS: That's right.
 
You know, one of the ways that ISIS tries to control a population is to say, look, it's either you cut a deal with us or things become much worse. You're going to be taken over by Shia militias.
 
Now in this case, and I think Baghdad was quite wise and this came as the result of intense U.S. pressure, they've kept the so- called Hustalshavi (ph), the popular mobilization units of Iranian- backed militias on the outskirts of Ramadi, knowing very well that if these guys had marched into the center of the city,
 
they would meet with resistance, not just by ISIS, but by some of the locals who do not want this very strategic, Sunni/Arab tribal city to be overtaken by what they see as pro-Iranian proxies or Shia militia forces.
 
So it's mostly, as best we can tell, a more professionalized endeavor. [14:20:14] Now, I would also hazard, and maybe Barbara can back me up on - with her reporting on this, U.S. special forces are very likely to be playing an on the ground role in this operation.

Now, we don't know about that. It's not being publically disclosed. But I've been hearing rumors and comments coming out of Iraq about this for the last several weeks.
 
 OOTW: LEMON: Yes. Yes, that's going to have to be the last word. So we want to thank Barbara and Michael Weiss, thank you very much. Appreciate both of you, your perspectives on this. WEISS: Su re.
 
chattels: urban warfare requires a level of tactics strategy and training that was difficult even for the U.S. in Ramadi before
 
OOTW: YES THEY ALSO STATED THAT CASUALTY LOSS IS DOWN TO A FRACTION OF WHAT IT WAS IN THE EARLY YEARS OF THE IRAQ INVASION - ALL LOSS IS HORRIBLE


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