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Wednesday, May 25, 2016

RCookie Tuesday News Recap & Chat  5-24-16   Part 2 of 2

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Chat Room Excerpts & Highlights
 
Dinar Updates Tuesday PM Chat  5-24-16   Part 2 of 2
RCookie Tuesday News Recap & Chat


rcookie says():HERE IS A RECAP OF TODAYS NEWS..,.
 
rcookie says():INVESTMENT/BUSINESS
 
IRAQ OIL PRODUCTION REACHES HISTORIC LEVELS OF 4.7 MBPD...
 
MINISTRY OF TRANSPORTATION KADHIMANNOUNCE THE GENERAL COMPANY FOR RAILWAYS THE LAUNCH OF INVESTMENT FUNDING FOR RAILWAY BETWEEN BASRA AND IRAN PLAY A MAJOR ROLE IN PROMOTING TRADE...
 
OIL PRICES FALL FOR FIFTH STRAIGHT DAY TO $47.90....
 
IRAN WANTS TO BE PARTY IN RESOLVING IRAQS ELECTRICITY PROBLEMS...
 
OIL MINISTRY SPOKEMAN JIHAD CONFIRMS PAYMENT OF DUES TO OIL COMPANIES IN DIRECT RESPONSE TO IMF SBA LOAN CONDITIONS...
 
WASIT SHOPPING 484K TONS OF WHEAT AND EXPECT PRODUCTION OF 800K TONS IN 2016...
 ~~~
EXECUTIVE DIRECTOR IRAQI BANKS ASSOC ASSERTS BANKING SECTOR DEVELOPMENT PROMOTES INVESTMENT ACTIVITY...
 
ISX SEES 4TH STRAIGHT SESSION IN DECLINE DRIVEN BY BANKING SECTOR...
 
IRAQ AMBASSADOR TO OPEC AMIRI STATES DEMAND AGAINST SUPPLY IMPROVES OVER FEBRUARY NUMBERS & IRANS RETURN TO MARKET LESS IMPACTFUL THAN EXPECTED...
 
IRAQI AIRLINES ANNOUNCES FIRST FARES & SERVICE TO TO AZERBAIJAN...
 
MUNICIPAL MINISTRY DIRECTORATE ANNOUNCES COMPLETION AND OPENING OF INTERMEDIATE SOLID EWASTE PROCESSING PLANT IN BASRA...
 
WASIT PROVINCE CHAMBER OF COMMERCE ANNOUNCES THE 1ST INTERNATIONAL EXHIBITION OF ENERGY/ECONOMY/INVESTMENT BANKING & TEXTILE INDUSTRIES TO ADD TO CHINESE & SHANGHAI COMPANIES ALREADY OPERATING ...
 
THIS WASIT CONFERENCE SIMILAR TO BASRA ENERGY CONFERENCE ONGOING SINCE 2009...MINISTRY OF LABOR & SOCIAL AFFAIRS ANNOUNCES $25 MILLION FOR IDB LOANS FOR PROJECTS...
 
rcookie says():International loan challenges
 
Author: Yasser incumbent  5/25/2016 0:00  Economic center is busy these days the international loan allocated by the World Bank to Iraq after negotiations lasted for quite a few, have been confronted with several loan criticism from various political and parliamentary circles but Maehmna Hnawtava to Restrict this page to see economists.
 
Government adoption of hopes and wide on this loan to overcome the effects of the painful financial crisis faced by the country due to falling oil prices , 'with a number of experts news of this loan was received cautiously so in the belief that lending is another solution.
 
Legitimate concerns expressed by those in the belief Billabih loan promised loan gray especially the way they announced which did not make clear what are the conditions and demands imposed by the international Monetary Fund about this loan.
 
economists believe that it is transparent and can not according to his announcement this image analysis and extrapolation of the results and repercussions on the economic reality that I find them any »vision experts» someone who follows and interested economic affairs mission to help decision - makers to direct the right direction loan resources.
 
therefore , the international loan exposure to the many criticisms at the same time , many saw it as important to save the country from financial ordeal suffocating,
 
we see in this movement it is important Maabos hope in the possibility of overcoming the crisis experienced by the country provided good use of the loan, and all that was said about the tightening of international and local monitoring of aspects of exchange do not sing observers,
 
meaning that that need requires detection mechanisms and conditions imposed by the international Monetary Fund on Iraq with full transparency so they can be evaluated this loan (Iaawhit, Iaasud)
 
http://ift.tt/1ViterT
 
rcookie says():if it is is essential that the government restore its ability to guide towards the enhancement of its reform program, especially on income diversification away from oil royalties by activating the productive sector and the implementation of the development program launch lending initiative loan resources.
 
Otherwise wasted loan money the country will carry the brunt of the burden of paid and benefits, and thus sentenced Black to the loan, but if the resources directed to activate the productive sector and support growth programs properly , it will be a loan Awhit.lknh to now gray and pending cashed trends to achieve the desired goals.
 
http://ift.tt/1ViterT
 
watson1 says(4:30 PM): http://ift.tt/1XQHSak
 
watson1 says(4:30 PM): http://ift.tt/1XQHSak
 
watson1 says(4:30 PM): http://ift.tt/1VisJxN
 
watson1 says(4:31 PM): http://ift.tt/1TsyHwX
 
 
rcookie says():SO AS THEY NAVIGATE THROUGH THE IMF SBA LOANS...POLITICAL & PARL SOURCES CONFRONTING SEVERAL CRITICISMS IN LOAN ACQUISITION PROGRAMS...
 
AND NEED FOR ACTIVATING AS AN IMPORTANT PART OF OVERCOMING FINANCIAL CRISIS...AND CALLS TO IMF CONDITIONS TO APPROVING SBA LOANS...
 
WITH ECONOMISTS STATING IT IS OBVIOUS UPON REVIEW IT IS TE CORRECT ACTION GIVEN THE CURRENT MARKET ENVIRONMENT......
 
rcookie says():DEBATING WHETHER ACQUISITION OF THE SBA LOANS IS THE APPROPRIATE ACTION IN OVERCOMING FINANCIAL CRISIS...AND CONCLUDE RIGHT MOVE..
 
PROVIDED PROPER USE AND APPLICATION OF THE LOAN FUNDS...AND FURTHER INTERNATIONAL & LOCAL MONITORING & OVERSIGHT TIGHTENING AND SCRUTINY...COMPLETE WITH DETECTION MECHANISMS AND CONDITIONS IMPOSED BY IMF WITH FULL TRANSPARENCY AND BE EVALUATED AGAINST THEM....(CREDIT RATINGS).....
 
rcookie says():High volume of trading in the stock market
 
5/25/2016 0:00 BAGHDAD - Hussein al - Tamimi Tgb pointed Securities Commission shares traded on the Iraqi Stock Exchange during the first quarter of this year , indicating the movement of high trading volume compared with last year 's same period.
 
An official source in the Commission noted the release of the quarterly report containing the trading activity and trading volume in terms of the number of shares and contracts and companies most heavily traded, as well as most companies Abrama contracts for joint stock companies listed on the Iraq Stock Exchange.
 
Trading volume , said the report Asher high trading volume during the first quarter of the year 2016 to approximately (111.7) billion dinars , compared to approximately (109.8) billion dinars during the fourth quarter of 2015 and an increase of 1.7 percent,
 
pointing out that the banking sector occupied during the first quarter of 2016 ranked first in terms of volume trading in terms of volume amounted to approximately (63.8) billion dinars ,
 
representing 57.2 percent of the total, and ranked second in the industrial sector in terms of trading volume reached approximately 37.3 billion dinars , and by 33.4 percent of the total, came in third sector hotels where volume totaled nearly 4.7 billion dinars and 4.2 percent of the total has been hearing average trading volume during the hope of 2016 , approximately 1.8 billion dinars ,
 
compared to nearly 1.9 billion dinars during the fourth quarter of 2015. The number of shares and the number of of shares traded was Asher report to fall during the first quarter of 2016 to nearly 172 billion shares in exchange for approximately 194.4 billion shares during the fourth quarter of 2015
 
and a decrease of $ 11.5 percent, and occupied the banking sector during the first quarter of 2016 ranked first in terms of number shares traded , where the number of shares totaled approximately 149.1 billion shares representing 86.7 percent of the total and ranked second in the industrial sector ,
 
where the number of shares amounted to approximately 19.4 billion shares and 11.3 percent of the total, and finished third in the service sector where the number of shares traded nearly 2.2 billion shares and 1.3 percent of the total. implementation of contracts for either the number of contracts executed during the first quarter of 2016 ,
 
nearly 31,200 contract as compared to approximately 29,100 contract fourth quarter of 2015 for the season and a rise of 7.0 percent, it is worth mentioning that the number of contracts the first quarter rose 9.6 percent from what it was in the first quarter of the previous year 2015 the banking sector ranked first in terms of number of contracts ,
 
where the number of contracts amounted to approximately 13.6 thousand contract and ranked second in the industrial sector , where the number of contracts amounted to approximately ( 7.6) thousands of holding of the total, and finished third in the services sector ,
 
where Adeddalacod was executed approximately 4.6 thousand contract reaching session of the number of contracts executed rate of approximately 495.1 held during the first quarter of 2016. the report identified the ten most companies actively traded in terms of volume trading and occupied Inc. (Baghdad for soft drinks) first place in the trading volume reaching nearly 33.7 billion dinars ,
 representing 30.1 percent of the overall trading value , came in second place company (Elaf Islamic Bank) , as trading volume reached approximately 15.1 billion dinars and 13.5 of Total overall trading, and was ranked third in the company ( the Islamic National Bank) , with trading volume totaled nearly 9.6 billion dinars and 8.6 percent of the total volume .
 
Note that the trading companies ten the size of the first amounted to approximately (90.2) billion dinars represent (80.7 percent ) of the total overall trading market. With regard to the ten companies most heavily traded stock by number of shares traded of the report that the company (Elaf Islamic Bank) first place in the number of shares traded was occupied,
 
amounting to approximately (45.0) billion shares representing 26.2 percent of the overall trading value , it came in second place company (Bank Dar es Salaam) the number of shares traded around (20.1) billion shares and 11.7 of the total overall trading, and came in third company center (Iraqi Islamic Bank) as the number of shares were trading around (14.0) billion shares and 8.2 percent of the total trading total.
 
The ten companies most heavily in terms of number of contracts executed Inc. (Baghdad for soft drinks was ranked) first place in the number of transactions where the number of transactions amounted to 3890 held by 12.5 percent of the total contracts,
 
and ranked second in the Bank of Baghdad , with the number of contracts executed a contract in 2562 and by 8.2 percent of the total contracts, and was ranked third in the world for real estate investments , as the number of contracts executed in 2103 and amounte
 
rcookie says):The imposition of tariffs promotes national production
 
5/25/2016 0:00 BAGHDAD - Imad emirate stressed academic d. Sattar Jaber , from the Faculty of Administration and Economy at Al - Mustansiriya University on the need to find a solution that includes resorting to appropriate methods for the protection and promotion of the productive sectors, especially the industrial ones in order to be a measure of fair competition with imported products.
 
He said Jaber in his «morning» that customs and administrative restrictions Fees , which regulate the importation of goods and crops compete for local production process, has become as a tax on imported products and in order to achieve a range of physical and developmental, health and environmental objectives, and therefore, the actual impact is the rise in prices of these commodities by the tax that ultimately leads to higher commodity producers prices locally also .
 
he called for the use of means of support, protection and incentives for local production in order to stand up and grows and develops and restores at least its previous level.
 
he said Jaber, that this matter will enable the local product to continue production despite the production and prices costs, noting that he encourages the exploitation of the productive energies that lead to lower unit costs produced and the price, this is the ultimate goal of the expected protection and benefit, it is the economic justification for the imposition of the tariff, as is one of the mechanisms of many developed countries in the early stages of processing (protectionism means) , such as Germany , the United States and France before they reach the current advanced level.
 
he pointed out the neighboring countries impose tariffs on imports at rates ranging between 18 to 20 percent of the value of imports while Iraq, in spite of the adoption of the tariff Act No. 22 of 2010 (which was stopped for a long time), still imposes a 5 per cent for many commodities ( imported) which is not a tariff, but the reconstruction of Iraq tax.
 
he stressed that this measure gives foreign goods entering a comparative advantage or preferential treatment to domestic goods in the Iraqi market , combined with lower prices originally leads to displacement of local products from the market.
 
he said that the past years have seen the closure of a number of factories and stopped many agricultural products due to their inability to compete in the light of the rise in production, marketing and transportation and high level of wage costs.
 
http://ift.tt/1Vit7MI
 
rcookie says():Jabir said the Iraqi economic reality in the industrial side indicates that the percentage of its contribution to the gross domestic product has fallen from 7 percent in 1975 to 5.1 percent in 2008, as the public sector has dominated most of the Iraqi industries and 90 percent.
 
pointing out that the private sector is suffering from weakness as a result of the effects of a severe shortage of funding and knowledge gap and technological , which led to a lack of competitiveness even within the scope of the competitive advantage by Iraq in the region, including the industry and the mobilization dates.
http://ift.tt/1Vit7MI
 
rcookie says(): ISF CARRIED OUT 95 SORTIES IN LAST 24 HOURS....
rcookie says():WOW!!....WHAT A DAY OF NEWS!!!....
Elane says():R.. cookie.. what are sorties?
 
Hutch says():DAY ??? ITS BEEN A WEEK OF GREAT NEWS !! THANKS FOR ALL YOU AND ALL THE RESEARCHERS AND MODS, COPIERS DO TO MAKE THIS PLACE A GREAT PLACE WITH FACTUAL NEWS !
 
dorisjean says to Elane():bombing raids or flights over targets
elliscole2002 says():softies are flight missions or bumb runs over enmity territory
Elane says():Thankyou
 
rcookie says():Presidency: a memorandum of understanding to activate the national and community reconciliation
 
5/25/2016 0:00 Baghdad , Omar Abdel - Latif approaching the three presidencies in addition to the judicial authority of the signing of the memorandum of understanding between Iraq and one of the international institutions to activate the national and community reconciliation , especially in the liberated areas of "Daash" terrorist elements, to restore the social fabric which shares terror tore it apart somewhat in those areas .
 
Presidential Advisor Dr. Qahtan al - Jubouri, he explained, in an interview for the "morning", said a delegation of members of the Committee of Seven , composed of representatives of both the House and the ministers and the Supreme Judicial national reconciliation in addition to the presidency,
 
met during a visit to Italy at the invitation of the Vatican, great personalities on the level of minister and agents Foreign Ministry officials , Italian and ambassadors superpower such as Britain, France and Germany states, as well as the institution concerned with the affairs of reconciliation strong arm of the Vatican and longer,
 
pointing to agree on a joint action mechanisms full program towards the implementation of a project of national and community reconciliation , especially after the ninth of June in 2014 and the occupation of gangs "Daash" large swaths of Iraqi territory , which is very large societal problems , was born at the village level and the judiciary and the province was the outcome of a great destruction of infrastructure in these provinces.
 
Jubouri said the meetings focused with these characters on how to support national and community reconciliation in the country in addition to the support of Iraq rebuild the cities that were destroyed as a result of the entry of "Daash" to it,
 
describing the meetings and the visit as "good" and agreed that there would be conferences about national and community reconciliation and towards interfaith dialogue, as well as supporting those countries for Iraq to rebuild the cities that were destroyed as a result of the war with . " Daash "terrorist.
 
http://ift.tt/1TA8Z4j
 
rcookie says():Jubouri pointed out that the delegation agreed with the institution based in the Vatican, the sponsor of more than 25 reconciliation process at the level of Africa and South America, the activation of national and community reconciliation in the country and some other points that means building state institutions, adding that the memorandum has been completed now that were sent from by the international Foundation to the Iraqi side and distributed to the three presidencies and the judiciary and added to it some points.
 
He Presidential Advisor hope to sign a memorandum in the coming stage, pointing out that it would do the media and will be signed during a press conference domestic and international , and the presence of major.
 
did not hide Jubouri that the situation political and security crises occurring in the field of legislation and implementation has overshadowed the work of the Commission, but it is fruitful meetings achieved after returning from Italy and is in the process of signing of this memorandum ,
 
which is a road map between Iraq and the international community for this project to activate large representative national reconciliation, stressing the insistence of presidencies three and judicial power to achieve a project of national and community reconciliation and implementation, and begin the process of Iraq 's reconstruction and building state institutions.
 
http://ift.tt/1TA8Z4j
 
dwightj says():HELLO EVERYONE WHERES THE RV
rcookie says():SO...POPE TURNING THINGS AROUND....
 
wmawhite says to rcookie():For the Vatican to be engaged within the political process....WOW........there must be some serious cultural changes occuring within Iraq.
Hutch says to wmawhite():Excellent point !


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