WEALTHWATCH 1-31-16
Post From Wealthwatch.world Chat Room
News With Links & Discussion
Wealthwatch OOTW & Butifldrm News & Comments 1-31-16 Part 2 of 5
*SCZIN11: REMEMBER WHO THE LAST 3 HOLDOUTS WERE, IN CONNECTION TO BENG QUESTIONED BY THE INTEGRITY COMMITTEE ASSIGNED TO DETERMINE WHO WAS INVOLVED IN THE FALL OF MOSUL...ISIS TAKEOVER, BACK IN JUNE 2014? BARZANI AND MALIKI WERE TWO OF THE THREE.....
OOTW: YEP
OOTW: Masum calls to resolve the problems between Baghdad and Arbil, Barzani described his talks with al-Abadi to "positive" 7:05:43 p.m. 31/01/2016 | (Voice of Iraq) - Baghdad called on the President of the Republic Fuad Masum, Sunday, the governments in Baghdad and Erbil to reach common understandings in order to resolve outstanding issues between the two sides,
and as President of the Kurdistan Regional Government Nechirvan Barzani called on the federal government to assume responsibility for the displaced people crisis "strain the shoulders of" territory , described his talks today with Prime Minister Haider al-Abadi as "positive."
Masum said in a statement issued on the sidelines of a meeting with the delegation of the Kurdistan Regional Government, headed by Barzani, received Alsumaria News, a copy of it, we must "strengthen communication and stimulate visits between Baghdad and Erbil in order to overcome the problems and resolve outstanding issues. "
~~~
Post From Wealthwatch.world Chat Room
News With Links & Discussion
Wealthwatch OOTW & Butifldrm News & Comments 1-31-16 Part 2 of 5
*SCZIN11: REMEMBER WHO THE LAST 3 HOLDOUTS WERE, IN CONNECTION TO BENG QUESTIONED BY THE INTEGRITY COMMITTEE ASSIGNED TO DETERMINE WHO WAS INVOLVED IN THE FALL OF MOSUL...ISIS TAKEOVER, BACK IN JUNE 2014? BARZANI AND MALIKI WERE TWO OF THE THREE.....
OOTW: YEP
OOTW: Masum calls to resolve the problems between Baghdad and Arbil, Barzani described his talks with al-Abadi to "positive" 7:05:43 p.m. 31/01/2016 | (Voice of Iraq) - Baghdad called on the President of the Republic Fuad Masum, Sunday, the governments in Baghdad and Erbil to reach common understandings in order to resolve outstanding issues between the two sides,
and as President of the Kurdistan Regional Government Nechirvan Barzani called on the federal government to assume responsibility for the displaced people crisis "strain the shoulders of" territory , described his talks today with Prime Minister Haider al-Abadi as "positive."
Masum said in a statement issued on the sidelines of a meeting with the delegation of the Kurdistan Regional Government, headed by Barzani, received Alsumaria News, a copy of it, we must "strengthen communication and stimulate visits between Baghdad and Erbil in order to overcome the problems and resolve outstanding issues. "
~~~
the infallible, that" access to solutions and common understandings of the overall existing problems will benefit both sides, "stressing at the same time" support all the efforts being made to resolve the differences between the two parties. "
for his part, Barzani, the results of talks delegation region with Abadi "positive," stressing "the importance of continuing these meetings to narrow differences and expand cooperation and coordination on all issues between the two sides."
He called on Barzani to "taking into account that the region embraces the huge numbers of displaced people and displaced which is an economically and financially burdensome on the region, as well as service and humanitarian pressures borne by the province,
"noting that" the federal government to assume its responsibilities in this crisis that tax burden on the region on the economic and financial levels. " the information Office of the Prime Minister Haider al-Abadi, announced on Sunday, the last reach an agreement with the Kurdish delegation, who arrived in Baghdad today requires the ad
OOTW: Baghdad today requires the adoption of an economic reform program to reduce dependence on oil, referring to the near develop a plan to maximize resources through a commitment to tariff and income tax. the delegation arrived in the Kurdistan Regional Government earlier on Sunday,
headed by Nechirvan Barzani to Baghdad for a meeting with President Fuad Masum and Prime Minister Haidar al-Abbadi and other officials to discuss several issues, most notably the financial crisis experienced by the country. Add comment
OOTW: HERE'S THIS FROM THE SJC SITE
OOTW: LOVING IT
OOTW: Judge Medhat al-Mahmoud receives Chairman of the Integrity Commission 2016-01-31 12:51:00 Judge Medhat al-Mahmoud receives Chairman of the Integrity Commission بغداد / junk Judge Medhat al-Mahmoud President of the Federal Judicial Authority received in his office today, the head of the Integrity Commission, Dr. Hassan al-Yassiri.
The judge said Abdul Sattar Bayrakdar spokesman for the federal judiciary that "Judge Medhat al-Mahmoud, Mr. Chairman of the Integrity Commission, Dr. Hassan al-Yassiri, received this morning at the headquarters of the judiciary,"
pointing out that "the meeting dealt with the mechanisms of coordination between the judiciary and the Integrity Commission." Bayraktar said that "the two sides discussed ways to develop these mechanisms to eliminate the financial and administrative corruption, stressing their determination to combat corruption in all its forms."
OOTW: THIS PRESS RELEASE FROM THE JUDICIARY IS FAST ON THE HEELS OF ABADI AND MASSUM TELLING THE INTEGRITY COMMISSION THAT WE'RE GOING TO SET UP COMMITTEE'S TO OVERSEE YOUR WORK AND YOU BETTER GET REFORMS ENACTED FOR THE PEOPLE
OOTW: BY PROCESSING CORRUPTION AND RETRIEVING MONIES
OOTW: HERE IS THIS ON THE MOSUL DAM --
OOTW: Two possibilities for the bridge collapse in front of fact or rumor Iraqi politicians, officials say exciting Mosul Dam crisis at this time precisely behind them agendas suspicious and mafias local and international corrupt and companies seeking to win the opportunity to invest in it after learning that the central government has allocated 300 billion Iraqi dinars for rehabilitation within the international standards.
Officials see these suspicious agendas and corrupt companies began to raise the rumors of an impending collapse of the dam and causing a disaster in order to inflame public opinion against the government and push them to grant the privilege rehabilitate them.
The same officials say that the goal of these companies should not prevent the government and the Ministry of Water Resources to speed up the rehabilitation of the Mosul Dam and improve the conditions and the dimensions of risk with him but through concession prequalified to international companies with experience in the field of rehabilitation of dams and bridges within the highest specifications.
The main objective of the establishment of the Mosul Dam is warding off the risk of flooding, which was threatening all located on both sides of the course of the Tigris River Iraqi cities, in addition to water storage size of 11.11 billion cubic meters,
and electric power generation with a total capacity pitched of 1050 MW with an constructed power station's main dam (750) MW and to fill the regulatory (60) MW pumped Storage project and 240 MW this as well as fisheries and the exploitation of the lakes for the purposes of tourism development.
OOTW: Najafi has a "simple solution" Head of the coalition are united in Nineveh Ethel Nujaifi promised to overcome the problem of the collapse of the Mosul Dam it is "very simple" and lies through the water drainage dam so based on the seriousness of the collapse of the dam have been linked to its ability to launch quantities of water commensurate with the water coming from Turkey size.
He explained Najafi in a detailed study presented by the reality of the Mosul Dam, which stated that "the gates of the dam operating capable of firing 200 m3 / s without the generation of electrical power and if I say the amount whatsoever about 200 m3 / s, the Iraqi cities will suffer from thirst and up Basra will not be enough to run projects water in,
but in the flood season, the dam needs to launch amounts commensurate with the incoming water was up to 1000 m3 / s in some years, and this means they would need a maximum of generating electric power, but the city of Mosul, the network is the only party that could receive this electric energy ".
Najafi study confirmed the need for the expertise of foreign companies to ensure the repair and operation of the dam gates and drainage required discharged before the flood season. Mosul Dam rules injection is the way back to the eighties of the last century, used to strengthen founded on an ongoing basis as used in the works
Overstuffing ultra-soft cement is being produced in large quantities in the Hamam al-Alil cement plant south of the city of Mosul and transferred very quickly to the dam site to carry out Overstuffing.
Ministry of Water Resources and on its official website announced that it recently received the positive results are encouraging to ward off the danger of the dam and bring it back to normal and added that he will be invited many specialized in this area and meeting global companies with two international companies with experience in the field of similar processors in multiple global dams, a company Bauer German and Italian company Trevi to discuss ways to end the cris
OOTW: Trevi to discuss ways to end the crisis. Musli citizen General and Iraq does not have at all what is happening on the ground, only to wait until the outcome of the events and developments in the coming days to show his fate.
OOTW: it truly would be terrifying hell if that dam went
OOTW: wealthwatch.world/showthr... http://ift.tt/1QTG9hy
OOTW: as the article states
*SCZIN11: ‹@OOTW› IT WOULD BE VERY WET
OOTW: PFSSSSSSSSSSSSSSSSSSSSS UNDERSTATEMENT OF THE YEAR BY YOU....BUT THERE'S PLENTY MORE YEAR LEFT
OOTW: Parliamentary Finance: There is a clear imbalance in the political Central Bank Vmnaqsat economy Since 01/31/2016 10:41 pm (Baghdad time) Special - scales News Parliamentary Finance Committee confirmed, said on Sunday that there is a clear imbalance in the central bank's policy is not to the government's ability to intervene in all its affairs conducted.
The committee member said Sarhan Ahmed Sarhan's / balances News /, that "the Central Bank of the policy flaw, considering that he has a law and an independent not permitted to interfere in its affairs, which brought us to this difficult situation, as the controls in the central bank law requiring the government restrictions against granted amounts to bridge the budget deficit, he also can not act according to what you like. "
Sarhan said, "it is necessary to amend the Central Bank Act even doing his duty in this suffocating financial crisis, as it should to all ministries to act according to pour his country's interests." It is said that the parliamentary finance committee member Majda al-Tamimi revealed earlier, for the loss of half the oil imports because of the central bank's fiscal policy. Ended 29/38
OOTW: I THINK IT VERY INTERESTING THAT THE HEADS OF THE CBI AND THE TBI HAVE BEEN SHOWN IN CONFERENCES WITH SALEH AND OR HAFEZ - WHILE THEY'RE BEING CALLED OUT
OOTW: THE LATEST IS HAMIDYA DRY - HEAD OF THE TBI WHO IS ACCUSED OF THE INABILITY TO ACCOUNT FOR MONIES MISSING
OOTW: SALEH GAVE HER THE OPPORTUNITY TO SPEAK TO THE PUBLIC AND STATE THAT SHE'S BEING FALSELY ACCUSED OF CORRUPTION
OOTW: THERE WERE ARTICLES IN THE PAST STATING THAT SHE GAVE HER SON TONS OF MONEY TO SMUGGLE OUT OF THE COUNTRY BUT HE WAS CAUGHT
OOTW: AND ALSO ARTICLES STATING MALIKI WAS ABLE TO GET MONIES FROM HER WHILE AT THE TBI
OOTW: COMBINED WITH NEW AND STRONGER CALLS FOR THE INTEGRITY COMMISSION TO GET ITS ACT TOGETHER AND RECOVER MONIES
OOTW: A GIRL CAN HOPE AGAINST HOPE, BUT MY WISH IS THAT THEYRE GIVING MOHSEN AND DRY ONE LAST OPP TO SAVE THEIR BUTTS
OOTW: BEFORE REPLACING THEM
OOTW: AND WARKA APPEARS TO BE OPEN AND SET UP FOR ECOMMERCE....MAYBE THEY CAN FIND MY ACCOUNT? LOL
OOTW: Legal: the central enforce payment of 80% of the value of the currency
OOTW: wealthwatch.world/showthr... http://ift.tt/1VCNXn7
OOTW: THANKS TOOSIE
OOTW: The meeting's agenda No. (3) Tuesday (2) February 2016 February 2, 2016 First, read verses from the Koran. Second: The vote on the draft University of Defense Military Studies Act. ( Security and Defense Committee , the Legal Committee ). (28 articles).
Third: the first reading of the closing of the Republic of Iraq for 2007. The accounts ( the Finance Committee ).
Fourth: the first reading of the draft accession of the Republic of Iraq to the international Convention on the Law Regulations for Preventing Collisions at Sea. ( Foreign Relations Committee , the Commission services and reconstruction ). (2 items).
Fifth: The first reading of the draft law of the Iraqi Syndicate of academics. (Higher Education Commission, the Legal Committee , a committee of civil society institutions ). (28 articles).
Sixth: The report and discussion of the draft law of the First Amendment of the Law on Commercial Agency No. 51 of 2000 ( the Legal Committee , the Committee on Economy and Investment ). (12 articles).
Seventh: The report and discussion of the draft law of private security companies. ( Security and Defense Committee ). (42 items). Session starts at: ten in the morning.
OOTW: FROM THE PARLIAMENT SITE
OOTW: MP Faleh al-Khazali, calling on the government to apply the law fairly customs tariff January 31, 2016 MP Falah Hassan al-Khazali, called on Wednesday, 01/28/2016 central government to reconsider its customs tariff law and apply it fairly.
MP Khazali during a meeting held at his office in Basra province with a number with academics and economists supporting the local consumer and the product and the introduction of additional revenue.
The MP al-Khazali, the importance of supporting this law Pmaakhaddm interest of the country economically in the light of the difficult conditions experienced by the country, referring to the need to apply the vocabulary in the provinces of Basra and Sulaymaniyah and put full of checkpoints in accordance with the resolution adopted by the Council of Basra province to implement it in all official and unofficial outlets in Kurdistan . OOTW: wealthwatch.world/showthr...
http://ift.tt/1QTG7X3
Butifldrm: Hi Woods Butifldrm: I found something very interesting
Butifldrm: Bank of Japan, in a Surprise, Adopts Negative Interest Rate By KEITH BRADSHERJAN. 28, 2016 As Japan’s economic doldrums have lingered, its leaders have tried a number of tricks over the years, from increasing government spending to flooding the financial system with cash.
With the global economy looking increasingly fragile, Japan is now taking a more aggressive step by cutting interest rates below zero on Friday. The policy — which means banks are essentially paying for the privilege of parking their money — represents a last resort for a country that has struggled through a quarter-century of weak growth.
In theory, negative rates will push banks to lend more to companies, which would then spend and hire. The Bank of Japan is following other central banks in going negative on rates, a sign of the continuing global trouble from plummeting low oil prices, stalling international trade and slowing growth in China.
Japan’s prime minister, Shinzo Abe, is seeking new ways to break the country’s cycle of decline. Mr. Abe has championed a system of temporary tax cuts and heavy government spending to spur growth and stoke inflation.
But Japan, the world’s third-largest economy, has moved in and out of recession under his administration, sowing doubts about his policies.
Butifldrm: It's a great article Read more http://ift.tt/1SAKXau...
http://ift.tt/1QTG7X3
Butifldrm: It appears not just the emerging economies like Iraq are in a desperation mode, Now if your money is in a Japanese Bank you will have to pay to keep it there.
*SCZIN11: ‹@Butifldrm› AND AT A TIME LIKE THIS, IRAQ WILL OFFER 18% INTEREST FROM THEIR BANKS???? WHO DOES THAT MAKE SENSE TO? WHERE IS THAT INTEREST PAYMENT GOING TO COME FROM? CERTAINLY NOT LOANS....
for his part, Barzani, the results of talks delegation region with Abadi "positive," stressing "the importance of continuing these meetings to narrow differences and expand cooperation and coordination on all issues between the two sides."
He called on Barzani to "taking into account that the region embraces the huge numbers of displaced people and displaced which is an economically and financially burdensome on the region, as well as service and humanitarian pressures borne by the province,
"noting that" the federal government to assume its responsibilities in this crisis that tax burden on the region on the economic and financial levels. " the information Office of the Prime Minister Haider al-Abadi, announced on Sunday, the last reach an agreement with the Kurdish delegation, who arrived in Baghdad today requires the ad
OOTW: Baghdad today requires the adoption of an economic reform program to reduce dependence on oil, referring to the near develop a plan to maximize resources through a commitment to tariff and income tax. the delegation arrived in the Kurdistan Regional Government earlier on Sunday,
headed by Nechirvan Barzani to Baghdad for a meeting with President Fuad Masum and Prime Minister Haidar al-Abbadi and other officials to discuss several issues, most notably the financial crisis experienced by the country. Add comment
OOTW: HERE'S THIS FROM THE SJC SITE
OOTW: LOVING IT
OOTW: Judge Medhat al-Mahmoud receives Chairman of the Integrity Commission 2016-01-31 12:51:00 Judge Medhat al-Mahmoud receives Chairman of the Integrity Commission بغداد / junk Judge Medhat al-Mahmoud President of the Federal Judicial Authority received in his office today, the head of the Integrity Commission, Dr. Hassan al-Yassiri.
The judge said Abdul Sattar Bayrakdar spokesman for the federal judiciary that "Judge Medhat al-Mahmoud, Mr. Chairman of the Integrity Commission, Dr. Hassan al-Yassiri, received this morning at the headquarters of the judiciary,"
pointing out that "the meeting dealt with the mechanisms of coordination between the judiciary and the Integrity Commission." Bayraktar said that "the two sides discussed ways to develop these mechanisms to eliminate the financial and administrative corruption, stressing their determination to combat corruption in all its forms."
OOTW: THIS PRESS RELEASE FROM THE JUDICIARY IS FAST ON THE HEELS OF ABADI AND MASSUM TELLING THE INTEGRITY COMMISSION THAT WE'RE GOING TO SET UP COMMITTEE'S TO OVERSEE YOUR WORK AND YOU BETTER GET REFORMS ENACTED FOR THE PEOPLE
OOTW: BY PROCESSING CORRUPTION AND RETRIEVING MONIES
OOTW: HERE IS THIS ON THE MOSUL DAM --
OOTW: Two possibilities for the bridge collapse in front of fact or rumor Iraqi politicians, officials say exciting Mosul Dam crisis at this time precisely behind them agendas suspicious and mafias local and international corrupt and companies seeking to win the opportunity to invest in it after learning that the central government has allocated 300 billion Iraqi dinars for rehabilitation within the international standards.
Officials see these suspicious agendas and corrupt companies began to raise the rumors of an impending collapse of the dam and causing a disaster in order to inflame public opinion against the government and push them to grant the privilege rehabilitate them.
The same officials say that the goal of these companies should not prevent the government and the Ministry of Water Resources to speed up the rehabilitation of the Mosul Dam and improve the conditions and the dimensions of risk with him but through concession prequalified to international companies with experience in the field of rehabilitation of dams and bridges within the highest specifications.
The main objective of the establishment of the Mosul Dam is warding off the risk of flooding, which was threatening all located on both sides of the course of the Tigris River Iraqi cities, in addition to water storage size of 11.11 billion cubic meters,
and electric power generation with a total capacity pitched of 1050 MW with an constructed power station's main dam (750) MW and to fill the regulatory (60) MW pumped Storage project and 240 MW this as well as fisheries and the exploitation of the lakes for the purposes of tourism development.
OOTW: Najafi has a "simple solution" Head of the coalition are united in Nineveh Ethel Nujaifi promised to overcome the problem of the collapse of the Mosul Dam it is "very simple" and lies through the water drainage dam so based on the seriousness of the collapse of the dam have been linked to its ability to launch quantities of water commensurate with the water coming from Turkey size.
He explained Najafi in a detailed study presented by the reality of the Mosul Dam, which stated that "the gates of the dam operating capable of firing 200 m3 / s without the generation of electrical power and if I say the amount whatsoever about 200 m3 / s, the Iraqi cities will suffer from thirst and up Basra will not be enough to run projects water in,
but in the flood season, the dam needs to launch amounts commensurate with the incoming water was up to 1000 m3 / s in some years, and this means they would need a maximum of generating electric power, but the city of Mosul, the network is the only party that could receive this electric energy ".
Najafi study confirmed the need for the expertise of foreign companies to ensure the repair and operation of the dam gates and drainage required discharged before the flood season. Mosul Dam rules injection is the way back to the eighties of the last century, used to strengthen founded on an ongoing basis as used in the works
Overstuffing ultra-soft cement is being produced in large quantities in the Hamam al-Alil cement plant south of the city of Mosul and transferred very quickly to the dam site to carry out Overstuffing.
Ministry of Water Resources and on its official website announced that it recently received the positive results are encouraging to ward off the danger of the dam and bring it back to normal and added that he will be invited many specialized in this area and meeting global companies with two international companies with experience in the field of similar processors in multiple global dams, a company Bauer German and Italian company Trevi to discuss ways to end the cris
OOTW: Trevi to discuss ways to end the crisis. Musli citizen General and Iraq does not have at all what is happening on the ground, only to wait until the outcome of the events and developments in the coming days to show his fate.
OOTW: it truly would be terrifying hell if that dam went
OOTW: wealthwatch.world/showthr... http://ift.tt/1QTG9hy
OOTW: as the article states
*SCZIN11: ‹@OOTW› IT WOULD BE VERY WET
OOTW: PFSSSSSSSSSSSSSSSSSSSSS UNDERSTATEMENT OF THE YEAR BY YOU....BUT THERE'S PLENTY MORE YEAR LEFT
OOTW: Parliamentary Finance: There is a clear imbalance in the political Central Bank Vmnaqsat economy Since 01/31/2016 10:41 pm (Baghdad time) Special - scales News Parliamentary Finance Committee confirmed, said on Sunday that there is a clear imbalance in the central bank's policy is not to the government's ability to intervene in all its affairs conducted.
The committee member said Sarhan Ahmed Sarhan's / balances News /, that "the Central Bank of the policy flaw, considering that he has a law and an independent not permitted to interfere in its affairs, which brought us to this difficult situation, as the controls in the central bank law requiring the government restrictions against granted amounts to bridge the budget deficit, he also can not act according to what you like. "
Sarhan said, "it is necessary to amend the Central Bank Act even doing his duty in this suffocating financial crisis, as it should to all ministries to act according to pour his country's interests." It is said that the parliamentary finance committee member Majda al-Tamimi revealed earlier, for the loss of half the oil imports because of the central bank's fiscal policy. Ended 29/38
OOTW: I THINK IT VERY INTERESTING THAT THE HEADS OF THE CBI AND THE TBI HAVE BEEN SHOWN IN CONFERENCES WITH SALEH AND OR HAFEZ - WHILE THEY'RE BEING CALLED OUT
OOTW: THE LATEST IS HAMIDYA DRY - HEAD OF THE TBI WHO IS ACCUSED OF THE INABILITY TO ACCOUNT FOR MONIES MISSING
OOTW: SALEH GAVE HER THE OPPORTUNITY TO SPEAK TO THE PUBLIC AND STATE THAT SHE'S BEING FALSELY ACCUSED OF CORRUPTION
OOTW: THERE WERE ARTICLES IN THE PAST STATING THAT SHE GAVE HER SON TONS OF MONEY TO SMUGGLE OUT OF THE COUNTRY BUT HE WAS CAUGHT
OOTW: AND ALSO ARTICLES STATING MALIKI WAS ABLE TO GET MONIES FROM HER WHILE AT THE TBI
OOTW: COMBINED WITH NEW AND STRONGER CALLS FOR THE INTEGRITY COMMISSION TO GET ITS ACT TOGETHER AND RECOVER MONIES
OOTW: A GIRL CAN HOPE AGAINST HOPE, BUT MY WISH IS THAT THEYRE GIVING MOHSEN AND DRY ONE LAST OPP TO SAVE THEIR BUTTS
OOTW: BEFORE REPLACING THEM
OOTW: AND WARKA APPEARS TO BE OPEN AND SET UP FOR ECOMMERCE....MAYBE THEY CAN FIND MY ACCOUNT? LOL
OOTW: Legal: the central enforce payment of 80% of the value of the currency
OOTW: wealthwatch.world/showthr... http://ift.tt/1VCNXn7
OOTW: THANKS TOOSIE
OOTW: The meeting's agenda No. (3) Tuesday (2) February 2016 February 2, 2016 First, read verses from the Koran. Second: The vote on the draft University of Defense Military Studies Act. ( Security and Defense Committee , the Legal Committee ). (28 articles).
Third: the first reading of the closing of the Republic of Iraq for 2007. The accounts ( the Finance Committee ).
Fourth: the first reading of the draft accession of the Republic of Iraq to the international Convention on the Law Regulations for Preventing Collisions at Sea. ( Foreign Relations Committee , the Commission services and reconstruction ). (2 items).
Fifth: The first reading of the draft law of the Iraqi Syndicate of academics. (Higher Education Commission, the Legal Committee , a committee of civil society institutions ). (28 articles).
Sixth: The report and discussion of the draft law of the First Amendment of the Law on Commercial Agency No. 51 of 2000 ( the Legal Committee , the Committee on Economy and Investment ). (12 articles).
Seventh: The report and discussion of the draft law of private security companies. ( Security and Defense Committee ). (42 items). Session starts at: ten in the morning.
OOTW: FROM THE PARLIAMENT SITE
OOTW: MP Faleh al-Khazali, calling on the government to apply the law fairly customs tariff January 31, 2016 MP Falah Hassan al-Khazali, called on Wednesday, 01/28/2016 central government to reconsider its customs tariff law and apply it fairly.
MP Khazali during a meeting held at his office in Basra province with a number with academics and economists supporting the local consumer and the product and the introduction of additional revenue.
The MP al-Khazali, the importance of supporting this law Pmaakhaddm interest of the country economically in the light of the difficult conditions experienced by the country, referring to the need to apply the vocabulary in the provinces of Basra and Sulaymaniyah and put full of checkpoints in accordance with the resolution adopted by the Council of Basra province to implement it in all official and unofficial outlets in Kurdistan . OOTW: wealthwatch.world/showthr...
http://ift.tt/1QTG7X3
Butifldrm: Hi Woods Butifldrm: I found something very interesting
Butifldrm: Bank of Japan, in a Surprise, Adopts Negative Interest Rate By KEITH BRADSHERJAN. 28, 2016 As Japan’s economic doldrums have lingered, its leaders have tried a number of tricks over the years, from increasing government spending to flooding the financial system with cash.
With the global economy looking increasingly fragile, Japan is now taking a more aggressive step by cutting interest rates below zero on Friday. The policy — which means banks are essentially paying for the privilege of parking their money — represents a last resort for a country that has struggled through a quarter-century of weak growth.
In theory, negative rates will push banks to lend more to companies, which would then spend and hire. The Bank of Japan is following other central banks in going negative on rates, a sign of the continuing global trouble from plummeting low oil prices, stalling international trade and slowing growth in China.
Japan’s prime minister, Shinzo Abe, is seeking new ways to break the country’s cycle of decline. Mr. Abe has championed a system of temporary tax cuts and heavy government spending to spur growth and stoke inflation.
But Japan, the world’s third-largest economy, has moved in and out of recession under his administration, sowing doubts about his policies.
Butifldrm: It's a great article Read more http://ift.tt/1SAKXau...
http://ift.tt/1QTG7X3
Butifldrm: It appears not just the emerging economies like Iraq are in a desperation mode, Now if your money is in a Japanese Bank you will have to pay to keep it there.
*SCZIN11: ‹@Butifldrm› AND AT A TIME LIKE THIS, IRAQ WILL OFFER 18% INTEREST FROM THEIR BANKS???? WHO DOES THAT MAKE SENSE TO? WHERE IS THAT INTEREST PAYMENT GOING TO COME FROM? CERTAINLY NOT LOANS....
Butifldrm: this article originates from the NY Times
*SCZIN11: ‹@Butifldrm› HI BUTI
Butifldrm: ‹@*SCZIN11› This is a wait and see moment, for that to happen no one would be able to borrow money in an already desperate economy
Butifldrm: ‹@*SCZIN11› Hi
Butifldrm: I think this may just be one of those article we have to watch and see if it plays out
Butifldrm: our Fed couldn't even raise interest rate .25% without affecting the debt we owe
Butifldrm: the entire Butifldrm: World economy is too fragile
Butifldrm: How can Iraq get the private sector going when interest rates to BORROW MONEY WOULD BE OVER 18%
Butifldrm: I could see, the CBI asking the citizens to invest in their country by issuing Bonds and paying maybe 6-8%. That would be feasible
Butifldrm: it also would bring in the MATTRESS DINAR :cool:
Butifldrm: I would have to go back and look but, if I'm correct there has been a few articles relating to such a move by the CBI
*SCZIN11: ‹@Butifldrm› IMHO, THE MATTRESS DINAR IS PRIMARILY IN THE PALACES
Butifldrm: What perplexes me about the 18% article is Saleh
Butifldrm: lol
Butifldrm: yep
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