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Tuesday, January 26, 2016

​Wealthwatch  OOTW News & Comments   1-26-16   Part 3 of 3

WEALTHWATCH  1-26-16
Post From Wealthwatch.world  Chat Room
News With Links & Discussion

​Wealthwatch  OOTW News & Comments   1-26-16   Part 3 of 3

OOTW: The Integrity Committee member, said "his committee pay attention and support great from head the Integrity Commission and Mlakatha in order to respond decisively to file corruption and beaten severely on the heads of corruption that has been besieged by virtue of the reference directives and government reforms and boiling popular pro her by both national and faithful in the country.
 
He ended the House of Representatives its meeting last Thursday, the first reading of the first draft amendment to the Law of sale and rent law state funds No. 21 of 2013.
 
It is noteworthy that the Baghdad Provincial Council, said that there are more than 500 drug, a State is still "at the disposal" parties, calling on the Council of Ministers to activate the real estate committee set up by the former.
 
It is noteworthy that, oil prices witnessed during the week last collapse which marked the lowest level recorded over the past 12 years as it reached for OPEC's basket of crudes and less than $ 30 for Brent.
 
OOTW: ALSO THEY'RE GOING TO PREVENT PEOPLE FROM LEAVING THE COUNTRY
 ~~~
OOTW: OKAY, SO WE ALL KNOW THERE'S A NEED TO (ALSO) RECOVER AS MUCH FUNDS AS POSSIBLE BECAUSE OF PLUMMETING OIL PRICES
 
OOTW: ALSO THE HOR PASSED A LAW UNDER THE AUSPICES OF THE UN, WHICH ALLOW IRAQ TO GO AFTER RECOVERING PROPERTY
 
OOTW: THIS SECTION IS STATING THAT THE GOI ALSO NEEDS TO PASS A LAW RE THIS, BUT I'M SURE I'VE SEEN SIMILAR LAWS AT THE PARLIAMENT SITE
 
OOTW: BUT THEY WILL GET THIS DONE
OOTW: BUTIFLDRM HAS POSTED ARTICLES ON THIS
 
OOTW: wealthwatch.world/showthr...
http://ift.tt/1OXtEwF
 
OOTW: HERE ARE SOME EXCERPTS WHICH TIE INTO THE ABOVE
 
OOTW: She said Najib told (the term) that' oil fell to less than the $ 30 led to the widening deficit gap, which exceeded the 50 trillion dinars In the first month of the new year ', expected to' be this year, a difficult year compared to previous years. "
 
revealed a member of the Economic Commission for final determination 'to host the Governor of the Central Bank for its actions to resolve the economic crisis experienced by Iraq Placement internal and external bonds or raise prices Dollar and other options '.
 
Despite the continued decline in oil prices, but the Kurdish MP expects' high oil prices in the second half of this year, which will amount to $ 40 down to $ 60 at the end of the year '.
 
She Najiba Najib to that' the government has begun a study of several options to cross this crisis, including the sale of property the state deployed in all the provinces as well as the issuance of internal and external treasury bonds so as to ensure bridge the deficit gap.'draws member of the Economic Committee that' the central bank has a cash block up to 39 trillion dinars is the sum of the amounts deposited in state banks and traded in the markets ',
 
OOTW: It recognizes a member of the Parliamentary Finance Committee that 'the current year will be a difficult year on the state and citizens because of falling oil prices, which we expect improvement in prices in the second half of this year.
 
"In the same context, MP pros Hamadoun revealed that' the state is considering raising the value The dollar against the Iraqi dinar for control of the market '.
 
She Hamadoun, Vale' the existence of a significant decline in oil prices, which makes it imperative for the government to resort to several options, including external borrowing or sale of property and other State '.
 
OOTW: RAISING THE VALUE COULD BE INCREASING THE VALUE OR RAISING THE NUMBER (LOWERING THE TRUE WORTH)
 
 Doug_W: U gotta love ARABISH
 
OOTW: YEP...NOT
 
OOTW: HERES THIS LAST PARAGRAPH TRANSLATED VIA BING
 
OOTW: And the parliamentary Finance Committee member admits that ' this year will be a difficult year for the State and its citizens because of falling oil prices that we expect to improve in the second half of the year.
 
 In the same context, the mp pros Hamdoon that ' the State is considering to lift the value of the dollar against the Iraqi dinar to dominate the market. Hamdoon indicated, to a huge drop in oil prices, necessitating the Government several options including external borrowing or selling State properties and other '.
 
OOTW: SO THE STUDY OF THE VALUE OF THE DINAR CONTINUES...IRAQS ECONOMIC SOAP OPERA

Doug_W: AS IRAQ TURNS
OOTW: LOL

OOTW: HERE'S ANOTHER GREAT FIND BY BUTI   OOTW: WHICH ALSO TIES INTO THIS
OOTW: Abdul-Mahdi: Iraq is ready to cut oil production
 
OOTW: wealthwatch.world/showthr...
http://ift.tt/1OXtEwH
 
OOTW: Said Abdul-Mahdi in an oil conference in Kuwait I followed / scales News /, that "if the crisis continued long will turn the oil market from a buyers market to a sellers market and excess width to the increase in demand," asserting that "oil prices if the decline continued in limits investments may be higher prices violent and surprising, "noting that" many of the investments in oil production is currently stalled due to the low prices. "
 
OOTW: He said the oil minister according to the statement, that "a significant portion of the oil producers of rock and many of the producing countries increased operational cost is higher than the price of a barrel of oil rates the same means they will bear the losses for the sake of the continuation of production,"
 
pointing out that "the global oil market has become more complicated than we imagine, because of the entry of many factors, including the modern technology and the expansion of the economic cycle than it was from the traditional economic cycles in the past. "
 
He said Abdul-Mahdi, that "eight of the thirteen OPEC members less operating and investment costs to produce a barrel where for $ 30," explaining by saying, "We have lived for decades with prices of $ 25 to $ 30 a barrel, but the cost of production is now higher."
 
OOTW: He said, "The OPEC countries suffer from economies heavily dependent on oil, while economic diversification to other States provides non-OPEC added advantage," noting that "the cost of oil production in countries outside OPEC is much higher than the OPEC countries, which makes each feature team relative from the other. "
 
He continued, "The country is ready to participate in the production cuts if the cooperation of all members," adding, "we see some flexibility to conclude an agreement between OPEC and producers from the outside."
 
Meanwhile, the Minister of Finance and Minister of Kuwait's acting oil lance Saleh said that oil prices should be left to the market in order to be determined by supply and demand. Finished "29/34 R.
 
OOTW: IF THEY'RE LEAVING IT TO THE MARKET INFLUENCES TO DECIDE OIL PRODUCTION..OR REDUCTION OF...

I THINK THE TREND STATES IT MAY CONTINUE TO GO DOWN, SOME ECONOMISTS HAVE STATED AS LOW AS 15.00 PER BARREL
 
OOTW: SO THEN THEY HAVE TO QUICKLY RAMP UP OTHER REVENUE PRODUCING TRADE
 
OOTW: WE SAW ABOVE THEY WANT TO REINSTATE GRAIN TRADE LAW OF 1995
 
MzDiva: Hello I hope all is well here  :smile:
 
OOTW: WE KNOW IRAQ PRODUCES MUCH GRAIN
 
OOTW: BUT THEN ALSO THEY'RE STILL IMPORTING GRAIN TO MEET NEEDS
 
OOTW: HI MZDIVA  OOTW: GREAT TO SEE YOU
 
rocknrollbus: OOTW> I was just reading that art.......if Iraq slows down production, won't that put more pressure on their economy?
 
OOTW: YES TO BECOME AN EXPORTER NATION
 
OOTW: SO WE HAVE TO CONSIDER WHAT THAT WILL DO/ HOW THAT WILL INFLUENCE THE "STUDY" ON THE VALUE OF THE DINAR
 
OOTW: TO BECOME AN EXPORTER THEY WILL NEED TO CONSIDER DROPPING THE VALUE (RAISING THE NUMBER = LOWER VALUE)
 
OOTW: MANY ARE OF THE OPINION (ECONOMISTS PERTAINING TO GROWING ECONOMIES ALL OVER THE WORLD) THAT A COUNTRY WHICH HAS BEEN UNDER SANCTIONS AS WELL AS ,
 
FOR EXAMPLE, THE UNITED STATES, IN ORDER TO SPARK GROWTH OF EXPORTS, NEEDS TO DROP THE VALUE OF THE CURRENCY SO THE GOODS ARE AFFORDABLE TO THE COUNTRIES WHERE THEY ARE GOING
 
OOTW: SO IF WE LOOK AT THIS PRINCIPLE, THEN WE HAVE TO CONSIDER THE COUNTRIES TO WHICH IRAQ WOULD BE EXPORTING
 
OOTW: WE KNOW THAT ARAB TRADE AGREEMENT HAS BEEN ACTIVATED AND APPROVAL GIVEN TO ACTIVATE ALL CROSS BORDER TRADE WITHIN ARAB COUNTRIES
 
OOTW: HOW MANY COUNTRIES SURROUND IRAQ WITH A CURRENCY OF LOWER VALUE THAN THE DINAR?
 
OOTW: WELL, OBVIOUSLY, IRAN FOR ONE
OOTW: IN MY RESEARCH I KEEP RETURNING TO THE CONNECTION BETWEEN IRAQ AND IRAN
 
OOTW: THEY DO USE EACH OTHERS CURRENCIES
OOTW: AND IRAN IS THEIR PRIMARY TRADE PARTNER
 
OOTW: SO...THIS BEGS THE QUESTION FOR ME (OVER AND OVER) DO WE HAVE TO SEE A CHANGE IN IRAN'S ECONOMY (ALSO MONETARY POLICY) IN ORDER TO SEE CHANGE IN THE DINAR?
 
OOTW: I SEE SO MANY PARALLEL ACTIVITIES NOW BETWEEN THE TWO COUNTRIES

OOTW: ACTIONS THEY ARE TAKING WHICH MIRROR EACH OTHER
OOTW: ACTIVATING ELECTRONIC BANKING
 
OOTW: FOR IRAQ - APPROVAL TO ASCEND FROM BEING AND OBSERVER IN THE WTO, TO FULL MEMBERS
 
OOTW: IRAN - REJOINING / RE ACTIVATING THEIR FULL MEMBERSHIP
OOTW: PARALLEL ACTIVATION OF ANTI MONEY LAUNDERING LAWS
 
OOTW: INVESTMENT INTO THEIR ECONOMIES FROM OTHER COUNTRIES
 
OOTW: GETTING BANKING STANDARDS (IN ALL AREAS) UP TO PAR FOR THE INTERNATIONAL COMMUNITY
 
OOTW: WHEN I RESEARCH IRAQ GOVT PRESS RELEASES, I SEE MENTION THAT IRANIAN COUNTERPARTS IN ATTENDANCE AT THESE ECONOMIC/GOVT MINISTRIES MEETINGS
 
OOTW: IRAN NOW ATTENDING INTERPARLIAMENTARY MEETINGS HELD UNDER THE AUSPICES OF THE ARAB INTERPARLIAMENTARY UNION AND ALSO WITH THE WORL INTERPARLIAMENTARY UNION, SAME AS IRAQ
 
 OOTW: THEN I THINK ABOUT WHAT THAT *SS MALIKI DID ALL THOSE YEARS, GIVING MONEY TO IRAN
 
OOTW: AND HOW MONETARY REFORM WAS OVERTLY STOPPED BY HIM
 
OOTW: WHY WOULD HE NEED TO DO THAT IF HE WASN'T COWTOWING TO IRAN'S SANCTIONED ECONOMY AND CURRENCY?
 
 OOTW: AND HOW MANY CONNECTIONS DAWA HAS TO IRAN
 
OOTW: AND HOW WE HAVE (GOSH I REALLY DEPLORE THIS) A DAWA MEMBER SITTING AS HEAD OF THE CBI
 
OOTW: THESE ARE JUST MY THOUGHTS AND CONNECTIONS
 
OOTW: AND THESE ARE BUT A FEW
 
OOTW: BUT MANY I DO BELIEVE ARE VALID CONSIDERATIONS AND THERE'S ALSO MORE CONNECTIONS I COULD MAKE
 
OOTW: I DO LIKE THAT DR'S HAFEZ AND SALEH SEEM TO BE CALLING OUT MOHSEN IN PUBLIC
 
OOTW: AND I DO THINK THAT THEY'RE GOING TO DO THEIR BEST TO OVERSEE AND ENFORCE MONETARY REFORM IN IRAQ
 
OOTW: IT'S JUST TOO COINCIDENTAL TO ME THAT THIS IS ALL HAPPENING NOW SINCE IRAN GOT THE APPROVAL LAST SUMMER TO COME OUT OF SANCTIONS
 
OOTW: SO I WATCH THESE COUNTRIES DEVELOPMENTS WITH GREAT INTEREST AND NO MATTER HOW MUCH ABADI DENIES THE CONNECTION, THERE IS ONE
 
OOTW: AND I DO THINK ABADI HAS GOOD INTENTIONS
 
OOTW: SO IF ANYONE THINKS I'M OFF ON MY ASSESSMENT, I WOULD LOVE AND ENCOURAGE DEBATE ON THIS..ANYONE?
 
OOTW: *WORLD INTERPARLIAMENTARY UNION
 
OOTW: IRAN COULD SEE THE PPB DROPPING LAST YEAR
 
OOTW: SORRY IRAQ
 
 OOTW: DO WE HAVE TO SEE THE IQD DROP IN VALUE WHILE/SO THE RIAL CAN COME UP TO BE ON PAR WITH THEIR NEIGHBOR
 
OOTW: IDK, THESE ARE JUST SOME THINGS I THINK ABOUT
 
OOTW: THERE'S TOO MUCH TALK ABOUT THE VALUE OF THE DINAR BEING LOWERED - WE JUST HAVE TO WAIT IT OUT, WE HAVE NO CHOICE
 
OOTW: THERE ARE EQUAL NUMBERS OF ECONOMISTS WHO SAY THAT THE VALUE HAS TO INCREASE TO BRIDGE THE BUDGET, AS THERE ARE WHO SAY THEY VALUE HAS TO BE REDUCED FOR THE SAME REASONS
OOTW: I'M NO EXPERT, I'M SIMPLY GOOD AT SEEING PATTERNS OR RELATIONSHIPS
 
OOTW: ANOTHER CROSS REFERENCE IS IRAN IS NOW TRYING TO BE SEEN ENACTING HUMANITARIAN LAWS AND RELEASING PRISONERS...WHILE IRAQ IS SAYING AMNESTY IS GOING TO PASS AND THE DEBAATHIFICATION LAW
 
OOTW: TOO MUCH REALLY
 
OOTW: I'D LOVE TO HAVE BEEN A FLY ON THE WALL IN THOSE NUC DEAL TALKS
 
OOTW: DID Y'ALL SEE WHERE I POSTED LAST NIGHT THAT THERE WAS A GAZETTE ENTRY MAKING SALEH IRAQ'S REP TO THE UNITED NATIONS?
 
OOTW: I THINK THAT'S A PRETTY BIG MOVE
 
OOTW: 5. appointment of Mr. supporter Mohammed Issa Mohammed Saleh, permanent representative of the Republic of Iraq to the United Nations in Geneva number (74).
 
OOTW: wealthwatch.world/showthr...
http://ift.tt/1Si6wxn
 
 
OOTW: WHY ARE THEY PLACING AN ECONOMIST, BANKER, AND ABADI SIDEKICK IN THIS POSITION AND NOT SOMEONE WHO HOLDS MORE OF A HUMANITARIAN ROLE IN THIS PLACE?
 
OOTW: THEYRE PLACING AN ECONOMIC ADVISOR AS REP TO THE UN
 
OOTW: THAT SAYS A GREAT DEAL TO ME
 
OOTW: I POSTED MY THOUGHTS RE A CONNECTION BETWEEN IRAQ AND IRAN IN THE DU CHAT ROOM OVER A YEAR AGO, AND BGG SAID HE DIDN'T AGREE WITH MY CONNECTION (HE WAS RESPECTFUL) - BUT, TIME WILL TELL
 
OOTW: I SAY THAT WITHOUT BITTERNESS, I ONLY STATED IT TO POINT OUT THAT I'VE BEEN WATCHING THIS POTENTIAL CONNECTION FOR A WHILE NOW                                                                                              

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