Wealthwatch Monday Chat 1-4-16 Part 1 of 2

WEALTHWATCH  1-4-16
Post From Wealthwatch.world  Chat Room
News With Links & Discussion
 
Wealthwatch  Monday   Chat 1-4-16   Part 1 of 2  (Special OOTW  on Part 2)
 
Doug_W: GM gang
Donnie: ‹@Doug_W› GM
Donnie: Winter arrived - 12 F outside now.
Donnie: high of 17 expected by 3PM  :(
 
chattels: Currency Auctions Announcement No. (3108) The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 4/1/2016 and the results were as follows: DETAILS NOTES Number of banks              25 Number of remittance companies        21 Auction price selling dinar / US$  1182 Auction price buying dinar / US$ --- Amount sold at auction price (US$)               160,116,046 Amount purchased at Auction price (US$)       ----- Total offers for buying (US$)               160,116,046 Total offers for selling (US$)  -----
 
chattels: 3108 ........ 04-Jan ........ 1,224 ......... 1,182 .......... 160,116,046    chattels: 1,224
~~~

 chattels: http://ift.tt/1LZCY4T....
http://ift.tt/1Sh4n1Z
 
Donnie: so basically no change. No RV that the "self proclaimed gurus" called for. No surprise here.
 
Reidar Visser ‏@reidarvisser 37m37 minutes ago #Iraq PM Abadi issues orders to deal with "criminal gangs of Daeshis" thought responsible for burning Sunni mosques http://ift.tt/1OI4fwq (chattels)  PAGE NOT FOUND
chattels: oops
chattels: Reidar Visser ‏@reidarvisser 24m24 minutes ago Unlike sit in Iran, Iraq security forces are so far preventing demonstrators (Sadrists) from attacking Saudi embassy …almadapress-node-newspad.... … 
http://ift.tt/1OIgzX1
 
chattels: Sajad Jiyad ‏@SajadJiyad 7h7 hours ago Iraq Officials Face Monumental Task of Rebuilding Ramadi - WSJ http://ift.tt/1gqRoyD... …
http://ift.tt/1mzS47R
 
chattels: Iraq Officials Face Monumental Task of Rebuilding Ramadi Reconstruction from battles and Islamic State’s scorched-earth policy is expected to cost $10 billion
 
Doug_W: GM "oops"
Doug_W: its very cool here now in the 40's
 
chattels: Finance Minister Hoshyar Zebari revealed that the government may not be able to pay employees' salaries during the month of April next year, due to lower oil prices.
 
chattels: And between in a newspaper interview "in the past year, we have succeeded in the distribution of salaries, but this year, according to estimates available to me, we have exposed to the problematic in the month of April may not be able to distribute the employees' salaries for that month, this is a reality and people must know" .
 
chattels: wealthwatch.world/showthr...
http://ift.tt/1OIgzX5
 
Doug_W: I say again GM "oops"
chattels: Zebari, in a newspaper interview, ......
chattels: Excellent and insightful read on many issues.
chattels: wealthwatch.world/showthr...
http://ift.tt/1OI4fME
 
 
chattels: Finance Minister Hoshyar Zebari, said the Iraqi Central Bank reserves fell to $ 59 billion, revealing that he was thinking not to grant a full staff salaries and keep some loans, due to lower oil prices.
 
chattels: " ............. at this time no one can, not even Iraq to continue on the previous policy, because it is impossible live on oil revenues only, ............... "
 
chattels: He noted that "there are several alternatives [oil], including borrowing from international institutions, few benefits, and we did it.
 
For example we have received help from the International Monetary Fund, and a few days ago we received one billion and 200 million dollars from the World Bank, we have introduced a monitoring program on how we manage financial and economic policy, and if we could get help more of them, as we intend to sell sovereign bonds, because the situation in Iraq this year better than last year in this regard.
 
chattels: He explained that" The other option is how to raise the Iraqi dinar exchange rate, although Choose the risk and could have repercussions, but we thought of not granting full salaries, and to keep some of our loans, and give a document that we will give money when the offer we have, and the other option is to sell oil and receive money in advance,
 
in addition to raising the pricing of services option water, electricity and fuel, but it is not easy, any government applied be subject to the reactions of citizens, economic and making painful,
 
but it is said that any economic decision, if not painful, it is not a decision, and there are seven million people are paid salaries of Iraq's total population of 36 million, and distribute monthly estimated four billion dollars in salaries."
 
chattels: Read more on Peshmarga, OIl / Gas revenues, Kurdish disunity, annual debt, IMF, etc., etc.
 
TheCatInTheHat: Should be the only option....raise the rate
 
chattels: " Raising the rate " in the context of the foregoing makes the IQD worth less to the dollar I believe.
 
chattels: Note : "I'm not trying to justify to the Government of al-Abadi, but this government does not have the intention to anti-Kurds, which is better than the previous government, for example, it did not create any problem for the Kurdistan Regional Government that oil sells independently since June of last year, .."
 
TheCatInTheHat: Understood!
 
chattels: " ............ the Kurds have the right to self-determination , and this is contained in the preamble to the Constitution, which says that the Iraqi people remain together as long as it is committed to the Constitution, but if the constitution broke The opportunities available, and I say that this government is better than the previous government, there is room for us to reach several agreements with them, the government is looking for more solutions and appreciates the situation in Kurdistan, .............. "
 
TheCatInTheHat: So what are we looking at as a time frame?
 
chattels: ‹@TheCatInTheHat› A time frame for greater value to the IQD that we speculated upon ?
 
TheCatInTheHat: Yes!
 
chattels: ‹@TheCatInTheHat› I have not the intelligence or "connectedness " to opine as to such. I just hope that it happens some day.
 
TheCatInTheHat: Yes we all do!
 
chattels: " ............. we have received help from the International Monetary Fund, and a few days ago we received one billion and 200 million dollars from the World Bank, ......... "
 
chattels: " ............. we have received help from the International Monetary Fund, and a few days ago we received one billion and 200 million dollars from the World Bank, ......... "
 
chattels: " ............ we have introduced a monitoring program on how we manage financial and economic policy, and if we could get help more of them, as we intend to sell sovereign bonds, because the situation in Iraq this year better than last year in this regard."
 
chattels: " On Iraq, the annual debt, the finance minister pointed out that" a lot of debt, and we rate them annually, which exalts the Iraqi state, but the Paris Club loan will not rise
 
Since our signature Agreement agreed to cancel 80% of Iraq's debt to pay off only 20% of them in the form of premiums, our internal and external debt of $ 30 billion, which is few compared with other countries.
 
"and the total imports Iraq, pointed out the Minister of Finance, that" Iraq's budget 105,000,000,000,000 dinars, the actual revenues of 80, and the deficit 25 trillion, and we agreed with the IMF on the need to have revenues equal expenses, and we are in the test this year."
 
chattels: " ............ we agreed with the IMF on the need to have revenues equal expenses, and we are in the test this year."
 
chattels: If the test being conducted by the IMF is a year long then .............................
 
chattels: :: 2016/1/4 16:25 • [Baghdad - where] Parliament Speaker Salim al stressed that Iraq must him to be at the center of the process of reconciliation in the region as a whole and not part of the existing polarization processes. wealthwatch.world/showthr...
http://ift.tt/1OIgzX7
 
 
chattels: 18:52:58 2016-01-03 | (Voice of Iraq) - Baghdad, a security source said on Sunday that he was executed Qatari fishermen abducted in Iraq in response to the execution of the Saudi authorities Nimr. Among the executed number of the ruling family in Qatar. Read more: http://ift.tt/1PiT0Hm...
http://ift.tt/1OIgCCi

chattels: The foregoing should generate reconciliation, eh ?
 
chattels: 15:42:33 2016-01-04 | (Voice of Iraq) - Baghdad has decided to determine the Presidency of the Council of Representatives on Tuesday day on January 19 th, the beginning of the second legislative term for the second year. The Information Office of the President of the Iraqi Council of Representatives 01/04/2016 Read more: http://ift.tt/1PiT0Hm...
http://ift.tt/1OI4fMH
 
 
Doug_W: they have lived N died this way for centuries I double it will change "OVERNIGHT" "c"
chattels: ‹@Doug_W› You are correct.
 
chattels: 15:42:33 2016-01-04 | (Voice of Iraq) - Baghdad has decided to determine the Presidency of the Council of Representatives on Tuesday day on January 19 th, the beginning of the second legislative term for the second year. The Information Office of the President of the Iraqi Council of Representatives 01/04/2016 Read more: http://ift.tt/1PiT0Hm...
http://ift.tt/1OIgCCk
 
chattels: OK, looks like the 19th for the resumption of the Parliamentary dog and pony show.
chattels: Marie Antionette said, " Let them eat cake.". Iraq can say, " Let them go to the mall. "
[09:11:11 AM] chattels: Baghdad Investment announces Babylon Mall at a cost of $ 15 million wealthwatch.world/showthr...http://ift.tt/1OI4fMJ
 
chattels: Supposedly spoken by her upon learning that the peasants had no bread.
 
chattels: 3.5 million Iraqis are displaced and without a home. The sentiment of " Let them go to the mall. " would be equally detached from reality as the French Queen.
 
chattels: Going to work. New day, new week, new year. Thankful to have work to do.
 
chattels: Reidar Visser ‏@reidarvisser 53m53 minutes ago Iraq Shia hardliners incl Badr agree on response to Saudi re #SheikhNimr execution, incl cut of diplo, economic ties
LINK
 
chattels: LINK
 
 
TxBrand: http://ift.tt/1OI4hEu


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