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Friday, April 1, 2016

Wealthwatch OOTW News Highlights & Comments   4-1-16   

WEALTHWATCH  4-1-16
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Wealthwatch OOTW News Highlights & Comments   4-1-16   
 
OOTW: Iraq is entering a package of financial reforms to get a loan Friday 01-04-2016 | 9:04:29 H d H d Twilight News / IMF has developed a package of financial and economic reforms, in a visit that would conclude the middle of this week, after talks nearly two weeks of talks with officials in Baghdad.
 
The suffering of Iraq, like other oil - producing countries, the decline in financial revenue as a result of falling crude oil prices 68 percent, and fighting al «Islamic state» in many cities, and that drained the treasury. ,
 
said Abdul Hussein Al - Anbuge, Iraq 's prime minister for economic affairs adviser, said the conditions set by the international Monetary Fund to cope with the financial crisis in Iraq , which fall under the reforms that seek government through which to reduce economic damage.
 ~~~
He Anbuge there are not tough conditions imposed on Iraq by the international Monetary Fund in exchange for cash loans. What put the IMF is part of the reforms, but it may have an impact socially unacceptable in the long proximity, adding that he had to reduce the damage to be forced to accept certain conditions to face the biggest problem.
 
The heading of the International Monetary Fund to give Iraq a financial loan demand by June next, allowing Baghdad to $ 15 billion in international aid over the next three years, according to a statement of Christian Gooch head of the IMF mission in Iraq last Tuesday.
 
The Iraqi official said that «some government institutions began to increase fees, such as the Ministry of Health , which raised medical services prices, the secretariat of Baghdad , which raised the municipal service prices.
 
Currently operates several government committees to determine the possibility of selling some state property such as land, machinery and real estate, residential complexes, which are steps aimed at the face of the financial crisis. agreed with Baghdad in November last year to place the financial and economic policy to control the international Monetary Fund for the years 2015-2016 after the agg
 
OOTW: after the aggravation of the financial crisis because of low oil prices in the global markets. the international Monetary Fund says that the biggest challenge before the agreement on the granting of Baghdad loans worth $ 15 billion , is gradually will cut spending to match revenues,
 
allowing the debt of the country be stabilized by 2020 , when 75 percent of GDP. Iraqi finance officials believe that some of the conditions the international Monetary Fund can not be applied at the current stage, especially that can strongly affect the level of citizens ' ploy
 
OOTW: REMEMBER THAT THE CBI RELEASED ITS ECONOMIC / MONETARY REFORM PLAN FOR YEARS 2016-2020
 
OOTW: I AM NOT SAYING IT WOULD TAKE THAT LONG, BECAUSE THEY ARE FINALLY MAKING STRIDES, AND HOPEFULLY MORESO WITH A NEWLY SEATED CABINET, BUT WE HAVE TO BE PREPARED
 
OOTW: PLEASE SEE THIS LINK TO READ MORE
OOTW: wealthwatch.world/showthr...
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chattels: ERBIL, Kurdistan Region—The Kurdish nominee for the post of the Iraqi oil minister has rejected his candidacy and announced he will not take part in Prime Minister Haidar al-Abadi’s new technocratic government.
 
Professor Nzar Doski who was selected by Abadi for the crucial oil ministry post, told Rudaw he will withdraw his candidacy “due to the current political situation in the country.”
 
“There is no broad political agreement on the formation of the new Iraqi cabinet which is of course needed for any government to succeed,” the Kurdish professor said as the reason why he had turned down his nomination. wealthwatch.world/showthr...
http://ift.tt/1SHfsMc
 
chattels: http://ift.tt/1dh0hsK...
http://ift.tt/1MHraqY
 
chattels: " Kurdish leaders have slammed the new cabinet and said they will boycott the government if the Kurdish share remains at the current number with two ministers."
 
Doug_W: thanks "c"
chattels: ‹@Doug_W› hello sir
 
chattels: Good map included in this article http://ift.tt/1SHfun8...
http://ift.tt/22X7KG7
 
chattels: See also wealthwatch.world/showthr...
http://ift.tt/1SHfsMh
 
chattels: " Phase One of the Mosul campaign is targeting a strategically important town, Qayyarah, located along the Tigris River about 20 miles west of the Iraqis' base in Makhmour. Qayyarah has an airfield and sits along an important supply line linking Mosul with ISIS territory to the south and east.
 
If they can seize it, the Iraqis would split ISIS-held territory, isolating a 60-mile patch of terrain stretching south toward Bayji and east to the town of Hawija."
 
chattels: Wladimir ‏@vvanwilgenburg 2h2 hours ago A key Iraqi offensive sputters, and the Pentagon pushes hard for more U.S. troops militari.ly/1MELYzm via @MilitaryTimes
 
chattels: “We’ve seen with Iraqi operations, the Iraqi way of fighting is they approach it as a slow strangulation,” Air Force Col. Pat Ryder, a CENTCOM spokesman, said in February. “They will get their isolation force around the city, and they will slowly start to squeeze. And they will continue to do so until that time when they feel they can assault the city and clear it of [ISIS].”
 
chattels: Many U.S. military officials believe it will be next year before the Iraqis finally have enough combat strength — estimated to be between eight and 12 brigades — to launch the definitive invasion Mosul. Qayyarah, about 30 miles south, potentially puts the city within range of American-made ground-based rocket artillery systems.
 
The M142 High Mobility Artillery Rocket System, or HIMARS, is a vehicle-mounted system that fires precision-guided artillery and offers an alternative to air strikes.
 
Yet Brennan suggested that artillery may not be a decisive element for a Mosul invasion because the Iraqis and their American allies will be very concerned about civilian casualties. "They're going to have to go in," he said, "door-to- door, in ground operations."                                              
 
chattels: Kirk H. Sowell ‏@UticaRisk Mar 29 Actually removing Abadi from office requires an affirmative absolute majority. Very unlikely to happen. Kirk H. Sowell ‏@UticaRisk Mar 29 Re Iraq: Abadi's reshuffle is clearly in trouble, but remember that an Iraqi govt does not fall on its own like in some parl't systems.
 
chattels: Mr. Sowell, Please educate me as to why an Iraqi government do not fall on its own like other parliamentary systems. 
chattels: Reply :
 
chattels: " This all depends on the constitutional rules of the parliamentary system in question. In most, the government must at least be able to pass the budget, or else it collapses without a vote to remove it. Not Iraq. Constitutionally, there must be an absolute majority vote of all members of the body, and there is nothing affirmative the government needs to be able to do to avoid falling.
 
And if they cannot appoint a new government, they must hold new elections, threatening MPs' jobs. This is what kept Maliki in power all those years, and it is what makes it nearly impossible for Abadi to be removed before the end of this term."
 
chattels: Kirk H. Sowell @UticaRisk Uticensis Risk Services: Arabic-language services/MENA risk analysis. Focus Iraq, Levant, GCC.
 
OOTW: User Actions Following ‏@janearraf US military says strikes on senior #ISIS leaders have degraded ability to move or communicate. But ISIL leader al-Baghdadi still mobile.
 
chattels: wealthwatch.world/showthr...                               
http://ift.tt/22X7NBF
 
chattels: the House of Representatives sustains, on Saturday, its regular voting and discussion of several laws and reporting projects ................
 
chattels: ................... vote on the draft exemption Iraqi and foreign companies implementing investment projects from taxes and fees law.
 
chattels: wealthwatch.world/showthr...   http://ift.tt/1SHfune


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