Chat Room – News Excerpts & Highlights
ElmerFudd: Has there been any real word on whether the lower denoms did go out?
Spectra: @ElmerFudd Not yet.
chattels: Parliamentary Economy: The government borrowed from the Central Bank of $ 32 billion to cover war 10/08/2017
chattels: Confirmed a member of the Committee on Economy and Investment Parliamentary Najiba Najib, on Thursday, the government scrounge from the Central Bank of Iraq $ 32 billion to cover the military needs in the war against the “Daesh”, indicating that the rise in oil prices and dependence on non-oil revenues will pay the government’s debt to the bank.
Said Najib, in a press statement that “the financial crisis that gripped the country, as a result of the collapse of oil prices and exchange on the war against Daesh, making the government in a difficult position and having to borrow funds from the central bank,” adding that “the government borrowed from the central bank 32 billion to cover the state treasury bonds. ”
chattels: She added that “$ 77 billion, is the Iraqi reserve funds, but borrowing to make it down to 45,” pointing out that “oil prices improved and the arrival of the barrel to $ 50, and reduce expenses, as well as the adoption of raising revenue policy through non-oil products, will help to restore reserve funds, which are private funds for Iraqis.
” The International Monetary Fund, take it in a report released him on Wednesday that Iraq is currently facing a double economic challenge is to compensate material losses resulting from the war against Daesh, as well as the decline in production and oil prices, noting that the decline in Iraq’s reserves of hard currency from US $ 54 billion at the end of 2015 to 45 billion at the end of 2016.
chattels: Courtesy of DinarAlert
chattels: Iraq : Selected Issues Author/Editor: International Monetary Fund. Middle East and Central Asia Dept. Publication Date: August 9, 2017 Electronic Access:
chattels: Courtesy of DinarAlert
chattels: ” I still anticipate moving to Article VIII by end of year. If not, surely by June 2018.” – Kaperoni
MichelleL: @foxmulder are you enthusiastic this morning?
MichelleL: dunno about enthusiasm, I’ve been up since 2:30 am, time to grab a nap, any moment now
foxmulder: @MichelleL kinda ! but im good though
spanki: Bgg is selling dinars – prolly getting out –selling his holdings
Wayne: I’m new to this just trying to find out what’s going on
Doug_W: @Wayne very quiet morning today in here
Wayne: I see
Whitelions: @Wayne Welcome and not much very quiet on the Iraq front you have to look past the elections and the kurds wanting to leave to see what is going on and they are very quiet I hope that’s a good thing .
Wayne: Me to
Whitelions: @Wayne Parliament is out till next Tue.
Wayne: @whitelions ok thanks
Wayne: And god bless everybody on here
xyz: imf: “International Monetary” calls on Iraq to share its budget with Kurdistan
http://translate.google.com/translate?tl=en&u=http://www.elwatannews.com/news/details/2415137 Directors believed that the peg to the US dollar, which is the cornerstone of the economy, remains an appropriate system.
RickeyT: @xyz paper is a GREAT window cleaner
xyz: “Companies such as Aramco, Ma’aden, SABIC, oil services companies, drilling companies, seismic survey companies, large agricultural companies and many Saudi companies are waiting for investment opportunities in the Iraqi market,” said Khalid Al-Falih, the minister of energy, industry and mineral wealth in Saudi Arabia.
Al-Falih: Investment opportunities waiting for Saudi companies in Iraq
clay: GM never ever spend your principle
clay: live off the interest
spanki: Clay- will 10 cent be enough?
Spectra: when i was a kid we checked off the latin box when asked our ethnicticity, now italians no longer do this..-lol
Spectra: but italians are latin ?? weird just a thought
Brow: @Spectra – Time to go & Do something & try to Be Somebody Today
Spectra: lol, im going out myself.the news is dried up
Doug_W: @DinarResearcher whats happening?
DinarResearcher: I don’t know if this has been shared or not but I will bring it in anyways. Today news article
DinarResearcher: Always busy on my end
DinarResearcher: I found this very interesting
DinarResearcher: Abadi adviser: Going to the private sector will save us from dependence on oil
DinarResearcher: The appearance of Mohammed Saleh adviser to Prime Minister Haider Abadi, Saturday, that the direction of the private sector will rid Iraq of dependence on oil, noting that the budget of 2017 stipulated the need for partnership between the State and the private sector.
Spectra: fake , evidence, appearing , real
DinarResearcher: The Prime Minister Haider al-Abadi revealed in a statement to / Information / / last Wednesday on the formation of a committee of specialists and experts in the field of industries for the rehabilitation of all factories of the Ministry of Industry, large and medium through the conclusion of partnership contracts with specialized international companies.
DinarResearcher: When Abadi’s speaks I tend to
DinarResearcher: Abadi’s finance advisor *
DinarResearcher: When we read all these articles about Iraq financial system, with a low purchasing power it is now.. Something is not adding up the numbers that is, unless are talking about future Hyperinflation?
DinarResearcher: We all know that is not the case! Something has to change and IMHO it will have to change sooner rather than later.
Doug_W: we have all been waiting on the for years sure hope its true this time
DinarResearcher: Only way we would be hoping is that something Bad must happen with the state of Iraq. Well that BAD has been diminished substantially since Mosul has been retaken
DinarResearcher: Must learn how to step forward before you can walk and then once you learn how to walk, Eventually you will be running, in which we can see Iraq doing these things with their Economy
DinarResearcher: Iraq is in the transition of walking,in my eyes. Soon they will be running
The Crisco Kid: Did Anybody Hear The Terry, Nancy, Dizzy Call Last Nite ????
DinarResearcher: IMHO we will have to see them stomp on this corruption before their Economy can start running on full speed in which the pace we all will need to see!
DinarResearcher: That’s my 2 cents for the day, hopefully you all will have a beautiful day today, God Bless our troops and God Bess the USA
DinarResearcher: God Bless the USA!!!
Cree: @DinarResearcher a good thought
Cree: @The Crisco Kid So what time is the RV scheduled for today?
Cree: @The Crisco Kid OK, well I had to ask about the RV. One of these days it will sneak up on us and kiss us on the lips!!!
Cree: @The Crisco Kid I was talking to someone yesterday and they were saying something about waiting till the end of Sept??
The Crisco Kid: @Cree They been Saying That For Years. Why Would This Sept be Any Different ??
ElmerFudd: No reason why it can’t be today.
The Crisco Kid: Works For Me …
Cree: @The Crisco Kid As for Sept, I do not know….. Some people talk here but either I’m an idiot (which is possible) or they talk in code and it is hard to understand what they are saying…..
Cree: @The Crisco Kid He was saying that Iraq is bankrupt which would not bode well for us…….
The Crisco Kid: There Sell Bonds Now, They Don’t Need Us ….
ElmerFudd: They still need to RV.
Cree: @The Crisco Kid Well whomever I spoke to was sort of saying that the GOI borrowed money form the CBI and they bought their own bonds.. If that is the truth, that last bond sale was hype and a scam….. The CBI reserves were now down to about $45B. Not sure if that is true or what the reality is…
Cree: @The Crisco Kid I I agree
The Crisco Kid: @Cree We Don’t Know What To believe Anymore ..
The Crisco Kid: Anybody Hear The Fact Filed Call Last Nite With Dizzy, Nancy & Terry Was Really Great …
txbrand: anyone have the link ? ———> Fact Filed Call Last Nite
Spectra: @foxmulder if our Rv dont hurry im certain to gain some weight
foxmulder: @Spectra no doubt
foxmulder: @Spectra I already have I am turning into a porker
Spectra: @foxmulder lol, are you happy that matters the most
foxmulder: well i could be more happy to see this so called investment over
Spectra: @foxmulder well of course!but i am not counting on it …
Meatball: its crazy to count on this
Spectra: @Meatball I KNOW..and if they are they need to stop it like immediately!
foxmulder: @Spectra neither do I … it may not be for the older folks on here somewhere down the road
Spectra: @foxmulder I do believe it will happen but if you dont when just live your like normal
foxmulder: @Meatball its the old saying nothing is for certain
Spectra: @foxmulder well yes
Meatball: @foxmulder hey there …. agreed
foxmulder: BUT i remain positive
Meatball: @foxmulder the potential is there … if it happens remains to be seen
Spectra: Referendum delegation will meet Abadi when visit Baghdad Monday By Rudaw 4 hours agoIraqi Prime Minister Haider al-Abadi addresses reporters in a joint press conference in the capital of Kurdistan Region, Erbil, in June 2015. File photo:Rudaw ERBIL,
Kurdistan Region – A high-level Kurdistan delegation is to visit Baghdad on Monday to discuss the planned referendum for September with Iraqi officials, including Prime Minister Haider al-Abadi, a member of the delegation told Rudaw English Saturday.
Vian Dakhil, a Yezidi member of the Iraqi parliament, said they have no red lines over the agenda of the meeting or who they will meet with since their mission is for a “great cause.” She said that they will also meet with foreign embassies while in Baghdad.
The date for the trip was set after the delegation met on Saturday in Erbil. They also held a meeting with President Masoud Barzani to discuss their agenda. The delegation includes members of Kurdish and minority parties, including the two main ruling parties in Kurdistan, the Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK).
US Secretary of State Rex Tillerson commended the decision to send the Kurdistan delegation to Baghdad when he spoke with Barzani by phone on Thursday. Dakhil said that several issues will be discussed with Iraqi officials and foreign delegates, but that the main focus is the referendum.
A statement from the Kurdish Presidency following the Saturday meeting said that they will negotiate “political issues, future relations between the [Kurdistan] Region and Baghdad,” during their visit to Iraq’s capital. One item that is not up for discussion, however, is the timing of the vote.
The date of the referendum stands as it is, September 25, Dakhil said. In his phone call with Barzani, Tillerson asked Erbil to postpone the vote. The Kurdish president declined, saying the US administration has failed to provide guarantees or an “alternative” that would secure
Spectra: @foxmulder im positive as well! I bought i must be!—lol
Meatball: realistic expectations
Spectra: @Meatball right best way to be..i still get excited that is my nature
Spectra: @Meatball im like that in my everyday life too excited about alot of things
Spectra: @Meatball or angry about things -lol
Meatball: this is not in our control at all so I don’t get to wrapped up in it
Spectra: @Meatball it is out of hands totally
foxmulder: @MichelleL have it all the time
Spectra: The Global Unit of Account is now shifting from the USD to the SDR – ITM Trading’s Lynette Zang
Spectra: This lady has good information about what the SDR IS ALL ABOUT…THEY peg all currencies to the SDR…IMF SAYS THIS!
Spectra: Good information for investors!
ElmerFudd: Yes, but is Iraq switching to lower denoms?
Spectra: @ElmerFudd you should listen to the video!
ElmerFudd: Not easy, I’m on vacation with three rambunctious kids.
ElmerFudd: The timing with all that happened last week is interesting.
Spectra: @ElmerFudd yes
ElmerFudd: Iraq has meetings to finish the payments to Kuwait, then two days later say they are out of Article 7, now this…
Spectra: @ElmerFudd right
dave: you mean Chapter 7
Spectra: The Global Unit of Account is now shifting from the USD to the SDR – ITM Trading’s Lynette Zang https://youtu.be/SYPsygSHnAs
Spectra: Looks like Iraq going to be pegged to the SDR! I do not know when but all currencies will be listen to this video
Spectra: she’s got the whole down with Imf Charts and all that !
Spectra: No wonder why we wait????
Baxter: are they really … completely out of chapter 7??
Spectra: Iraq Exclusive: Hashd al-Shaabi trains hundreds of child soldiers south of Kirkuk BASHIR, Kirkuk – The mainly Shiite Hashd al-Shaabi forces have trained some 280 children since last year in the use of light and heavy weapons. Some may take part in fighting ISIS south of Kirkuk.
Commanders of the Hashd, also known as the Popular Mobilization Forces (PMF), are giving the military training in Bashir village, Kirkuk province, a Rudaw investigation revealed. The children are under 18 years old. They are seen in military uniforms, receiving weapons training.
Those who are 15 or 16 years old are to take part in combat, if necessary. The Iraqi parliament passed a law last year that recognizes the Shiite force as an official part of the Iraqi armed forces, subject to the laws of Iraq.
Recruitment and use of child soldiers is prohibited internationally and under Iraqi law. Prime Minister Haider al-Abadi is the commander-in-chief of the armed forces and has said on more than an occasion that the Hashd are official forces of the Iraqi state. A reported 100 child soldiers have graduated from three months of military training in Bashir village so far this year. Last year, 180 child soldiers received training.
Spectra: thats is not good ! HEARTBREAKING!
Spectra: Middle East UN urges all Iraqis to accept ISIS rape survivors and their childrenGirls and women hold sides reading ”Rescue the enslaved women from ISIS’ and ‘Islam protects the rights women’ during a demonstration to denounce abuse by ISIS members in Basra in southern Iraq in 2014.
Photo: Haidar Mohammed Ali | AFP ERBIL, Kurdistan Region – A United Nations advocate for survivors of sexual violence has urged Iraqis from all backgrounds to accept women who have suffered at the hands of ISIS and to shun stigmatization and provide support for survivors and their children. ?
?Spectra: “I urge all relevant stakeholders to ensure the return of women and girls from Daesh captivity in safety and dignity; to welcome them back into their communities; to support them in healing and reintegrating back into the community and to address all their human rights protection needs, in particular those of children born to survivors of rape,” Pramila Patten, the Special Representative of the UN Secretary General (SRSG) on Sexual Violence in Conflict (SVC), stated in a report published Tuesday
ElmerFudd: Who is?
Spectra: 0 inShare 0 Share Iraq: Negotiations to resolve the file of compensation Posted by on August 12, 2017 in Iraq News 2 comments Iraqi Prime Minister Haider al-Abadi revealed on-going negotiations with Kuwait to resolve the file of compensation, which is the last item that hinders the exit of Iraq from Chapter VII of the United Nations.
Abadi said in a press conference that «Iraq to resolve the file of oil for food with the United Nations left nothing to hinder his release from the seventh item, but the Iraqi compensation owed to the State of Kuwait». He added «there is now negotiations with Kuwait in this area has been discussed the subject during my recent visit to Kuwait».
He continued «a Kuwaiti delegation came to Iraq for this purpose as there is now an Iraqi delegation to discuss the same subject» and expressed his hope to resolve the file and complete it completely to emerge Iraq from Chapter VII absolutely. Abadi did not disclose the details of those negotiations and their results, nor did he mention the nature of the delegations currently negotiating them
ElmerFudd: That all happened on Tues.
Spectra: GOOD i do not want too see more postponements!
ElmerFudd: Well, he said they were out of Chapter VII, so they must have finished with an agreement.