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Thursday, June 23, 2016

RCookie’s Wednesday News Recap & Chat 6-22-16  

Post From Dinar Updates
Chat Room Excerpts & Highlights
 
RCookie’s Wednesday News Recap & Chat 6-22-16  
 
rcookie says():HERE IS A RECAP OF NEWS....
rcookie says():GENERAL
 
OIL CLOSES AT $50.88...OPECS BASKET AT $46.02...AUCTIONS AT 148 MILLION...
 
MUTHANNA COUNCIL LAUNCHES DISBURSEMENTS OF RESIDENTIAL COMPLEXES IN CENTRAL SAMAWA...
 
SALEH RESTATES IRAQ FOREIGN CURRENCY RESERVES AT $53 BILLION...
 
WASHINGTON LAUDS ABADI AS INSTILLING GLOBAL CONFIDENCE IN IRAQ AND RESPONSIBLE FOR INTERNATIONAL AGENCY LOANS...
 ~~~
MP FOR CITIZEN HESSEINI STATES LIBERATION OF MOSUL TO INCLUDE PARTICIPATION OF POPULAR CROWD AND WILL END THE BATTLE QUICKLY...
 
MINISTRY OF LABOR & SOCIAL AFFAIRS SEEKING COOPERATION FROM WORLD BANK IN DEVELOPIN G NATIONAL STRATEGY TO ADDRESS & ALLEVIATE POVERTY...
 
JORDANIAN KING MEETS WITH MCGOURK AND CALLS ON INTERNATIONAL COALITION TO COMBAT ISIS IN HOLISTIC APPROACH WITH COMPLETE ELIMINATION...
 
ABADI MEETS WITH ALLAWI TO DISCUSS SECURITY AND POLITICAL ISSUES OPEN DIALOGUE AND MOVE PAST DIFFERENCES...
 
ZEBARI DELIVERS 2ND MESSAKE TO KUWAITI EMIR FROM ABADI AFTER OBEIDI DELIVERED PREVIOUS EARLIER IN MONTH CONCERNING SECURITY STATUS & COOPERATION AMONG ARAB STATES ALONG WITH REQUEST TO AGAIN DELAY WAR REPARATIONS PAYMENTS...
 
MINISTRY OF FINANCE INSPECTOR GENERAL ANNOUNCE RECOVERING 10 BILLION IQD STATE PROPERTY RETURNED TO STATE COFFERS...
 
JUDICIARY DELIVERS 30 BILLION IQD TO STATE TREASURY IN 2015 WITH FEES LAWSUITS AND FINES...
 
rcookie says():INVESTMENT/ECONOMY/BUSINESS
 
IDB PROVIDES RECONSTRUCTION MINISTRY $150 MILLION FOR ESTABLISH PLANTS IN 6 PROVINCES BAGHDAD, QAR, BASRA, ANBAR,BABIL, KIRKUK FOR HOUSING AND SCHOOLS..
 
MINISTRY OF INDUSTRY & MINERALS ANNOUNCE IRAQ AND HUNGARY TO SIGN MOU FOR ECONOMIC COOPERATION IN SEPTEMBER...
 
CBI ISSUES STATEMENT OF REFUSAL TO PROVIDE EXCEPTIONS OF CUSTOMS IMPORTS PERMITS FOR THOSE WHO HAVE GIVEN INCORRECT OR FALSE INFORMATION AND PREVENT FUTURE AUCTION PARTICIPATION...
 
SALEH ANNOUNCES AGAIN IRAQ WILL RECEIVE 1ST INSTALLMENT OF IMF LOANS BY END OF JUNE...
 
ISX RISES FOR 4TH CONSECUTIVE DAY AMID SLOWER TRADING VOLUME UP 0.24% AND 1.21 POINTS AT 514.62...
 
LOCAL INVESTORS CLAIMING “MONOPOLIES” BY FOREIGN COUNTERPARTS ESPECIALLY TURKISH, IRANIAN AND EGYPTIAN WHO THEY CLAIM PROJECTS WOULD FORCE TO SHARE OR TRANSFER MONEY ABROAD SALEH CALLING FOR AMENDMENTS TO INVESTMENT AND BANKING LAW AND ...
 
ABADI PROMOTES OFFERING STUDY TO REDUCE FUEL PRICES TO 200 DINARS...
 
IRAQ PURCHASES 80,000 TONNES OF RICE FROM INDIA...
 
BOEING DEAL WITH IRAN $25 BILLION FOR 100 AIRCRAFT FOR IRAN AIR...
 
rcookie says():SECURITY
 
 
ABADI REASSURES MOSUL RESIDENTS THEIR LIBERATION WILL OCCUR THIS YEAR...
 
INTERNTIONAL COALITION BOMBING KILLS 20 ISIS ELEMENTS IN SOUTHERN MOSU INCLUDING 3 INFLUENTIAL ISIS LEADERSL...
 
JABOURI STATES FALLUJAH LIBERATION OPENS ROAD FOR MOSUL LIBERATION OFFENSIVE...
 
IRAQI ARMY SPOKENMAN ASSERTS ISIS LOST 2500 ELEMENTS IN FALLUJAH LIBERATION OPERATION ALONE...
 
IRAQ FORCES CONTROL NEW AREAS OF ALJUGHAIFI FALLUJAH WITHIN CLEANSING FRAMEWORK...
 
PENTAGON CONFIRMS READINESS TO CONDUCT ISIS AIRSTRIKES IN LIBYA…
 
ISF 8TH BAND LIBERATES GRAVEL AREA SOUTHWESTERN FALLUJAH FULLY...
 
ANBAR OPERATIONS GEN MAHLAWI ANNOUNCE FULL LIBERATION OF SOUTHERN FALLUJAH TOWN OF AJARPIH...
 
11 ISIS ELEMENTS KILLED IN AIR ATTACKS IN NORTHERN SALAHUDDIN...
 
ANBAR OPERATIONS ANNOUNCE KILLING OF 50 ISIS ELEMENTS NORTH OF RAMADI...
 
INTERNATIONAL COALITION PERFORMS 35 SORTIES IN SYRIA AND IRAQ...
 
MOD OBEIDI STATES ISIS TERRORISM BROKEN IN FALLUJAH AND WILL END IN NINEVEH...
 
23 ISIS ELEMENTS KILLED IN VARIOUS OPERATION IN NORTHERN FALLUJAH...
 
ABADI RECEIVES “DISTRESS CALL” FROM CITIZENS OF MOSUL IN PLEA FOR LIBERATION FROM ISIS ELEMENTS...
 
ISIS DESTROYS 5 ELECTRICITY TOWERS IN EASTERN SALAHUDDIN AREA…
 
1200 ISIS ELEMENTS KILLED IN SYRIAN MANBEJ OPERATIONS...
 
PEOPLE CROWD BRIGADE COMMANDER ANNOUNCE THE ARREST OF 225 ISIS ELEMENTS SINCE BEGINNING OF FALLUJAH LIBERATION...
 
rcookie says():PARLIAMENT
 
CALLS FOR CONVENING URGENT PARLIAMENT SESSION DUE TO FALLUJAH DEVELOPMENTS AND COMPLETION OF CABINET RESHUFFLE...
 
PARLIAMENT COMMITTEE ON INVESTMENTS AND ECONOMY NAJIB STATES POSSIBILITY OF PART OF IMF LOANS ALOOCATION FOR INVESTMENT PROJECTS AS BUDGET INCLUDES BOTH OPERATIONAL & DEVELOPMENT SIDES...
 
PARLIAMENT ECONOMIC COMMITTEE MP NAJIB REVEAL THAT SMUGGLED IRAQI STATE MONEY IS INVESTED IN ARAB COUNTRIES REGISTERED IN FICTITOUS NAMES AND COMPANIES & IMPLORE FOREIGN MINISTRY TO DO MORE TO UNCOVER AND RECOVER WITH FOREIGN EMBASSIES...
 
PARLIAMENTARY FOREIGN AFFAIRS ASSERTS THAT SAUDI AMBASSADOR SURVIVAL I POSITION IS A VICTORY FOR ISIS AND TERRORISM...
 
COUNCIL OF NINEVEH DECLARES IRAQI FORCES WILL CONDUCT LIKE PROFESSIONALS LIKE PESHMERGA IN BATTLE OF MOSUL...
 
 
rcookie says to sheila3():HI SHEILA!!....YVW:)
clay says to rcookie():thanks buddy :)
rcookie says to sheila3():(y)
rcookie says to clay():(y)
Dr Dave says():RC...?

rcookie says to clay():HOW ABOUT THAT $25 BILLION CONTRACT FOR BOEING WITH IRAN FOR 100 PLANES!!!....WOW!!

chickadee says to Dr Dave():where did it say or else 3 more years?

rcookie says():HEY THERE DAVE   rcookie says():HELLO...
 
Dr Dave says():recollect the conversation regarding imfs rules for accession and that they could impose a 3 wait for reapplication in not compliant

rcookie says():NO...
..
Dr Dave says():from the 2013 art8

rcookie says():ONE OF THE PENALTIES FOR BREACHING ARTICLE VIII OBLIGATIONS AND NOT CORRECTING DURING WINDOW GIVEN BY IMF...
 
IS LOSS OF ACCESS TO SDR FUNDS FROM THE IMF FOR PERIOD OF 5 YEARS.....
 
WHICH WE KNOW DID NOT HAPPEN IN 2013 BECAUSE OF IMF VERBIAGE AND THE FACT THAT IF THEY HAD..IRAQ WOULD NOT HAVE HAD ACCESS UNTIL 2018....

Dr Dave says():yes

rcookie says():WE KNOW THAT THEY ARE CURRENTLY IN COMPLETE HARMONY WITH IMF BECAUSE THEY ARE ABOUT TO GET 1ST INSTALLMENT OF SBA LOAN FOR $18 BILLION...

Dr Dave says():OKAY ...CLAY......they are art 8 and getting those funds.......
Dr Dave says():retiring soon

Soonergirlie says():we are all retiring soon! :D

rcookie says():NO THEY ARE GETTING THOSE LOANS BECAUSE OF EXEMPLARY PERFORMANCE IN THEIR SMP AND REVIEWS....

Marilynjoy says to Soonergirlie():(lol)
Dr Dave says():That is the news of the month aint it?
 
rcookie says to Dr Dave():MONTH...CENTURY...EON...SAME DIFFERENCE...
 
Dr Dave says():WTO is next on the checklist
 
Dr Dave says():FINALS........
Dr Dave says():you mean finally....hehe
Dr Dave says():First time in long while that I am encouraged

wmawhite says to Dr Dave():Obviously, you have not been paying attention to what rcookie has been posting in this chat room the last 6 months.

Dr Dave says():He owes me a receipe already
 
SRW says():The issue of tariff taxes are to be discussed at the end of the week. I would think Iraq would want a stronger currency value. The income in that sector alone will be financially huge. What is your opinion?

chickadee says():Is there anything more left that the IMF wants done?

wmawhite says to SRW():The value of the IQD outside of Iraq (which is the exchange rate/value) has no impact on what Iraq receives from importers who pay the tariffs.
 
Also, it you are Ahmed and you are to pay 1,000 IQD tax for whatever, the exhange rate/value of the IQD to the Euro or the GBP or USD has no effect upon ahmed's tax because inside Iraq a IQD will always be equal to a IQD.
wmawhite says to SRW():Also, if*

SRW says():Thank you!

wmawhite says to SRW():Let me try to explain this a little better.
If you are importing into Iraq rice, for example, and you own me, the Minister of Finance, 1 Billion IQD on what you are importing, I don't care what the exchange rate/value is of the IQD.
 
You as the importer don't care either. All that I am concerned about is that you sent the equivalent value of what the tariff is. I, the Minister of Finance, just wants the tariff paid. You the importer can pay it in gold, silver, Euro, GBP, USD, IQD, etc. Just pay the tariff.
wmawhite says to SRW():yw
 
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