OIL 101: ENERGY ECONOMICS
OIL 102: PEAK CHEAP OIL
OIL 103: SHALE OIL
OIL 104: ENERGY & THE ECONOMY
CENTRAL BANKING 101: COMING SOON
CENTRAL BANKING 102: COMING SOON
CENTRAL BANKING 103: COMING SOON
CENTRAL BANKING 104: COMING SOON
MONEY 101: MONEY CREATION
MONEY 102: MONEY AS DEBT
MONEY 103: COMING SOON
MONEY 104: COMING SOON

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  • guardian's Avatar
    Yesterday, 10:53 PM
    Bondlady2 my prayers go out to Aubrey. So young for heart surgery. Like many I've been struggling to makes ends meet too. Trying every which way to cut corners. One thing I did was sign up for a Property Value Freeze for seniors through our county, so we're only taxed on that value and none higher. They also offer a no home tax program for disabled and widows of disabled, but we don't qualify for that. Some of you might though in your counties across America. Go to your county website and check. The USDA offers grants of $7,500 for people over 62, in the Very Low Income bracket, under $29,550 per year for two. There is no payback required, but they must be used for repairs for safety reasons. I'm pretty sure an air conditioner would qualify. We were in panic mode when ours did not cool at the beginning of the hot season. We ended up turning the heat on and cycling it through, then the air conditioner, and it began to work. Go figure lol. USDA also offers a repair loan at 1% interest for home improvement and safety repairs, maximum $20,000. I started doing alot of couponing at coupons.com and other stores I shop at, having their own coupons online, i.e., Safeway, Walmart, Smith's. They save me alot. There are free RX cards online that give discounts on your prescriptions. Before my home owners insurance is up next year, my goal is to find one lower in price. I furnished almost my entire home on items that I bought at the ARC Thrift Store, including furniture, housewares, clothes, etc. They have some unbelievable prices and good quality brands unlike any other thrift store I have ever shopped at. Just some things that I have done to save money and I mention them here in hopes they might help someone else too.
    271 replies | 10239 view(s)
  • Bondlady2's Avatar
    Yesterday, 04:42 PM
    prayers needed for 2 year old Aubrey having heart surgery tomorrow. Thanks.
    271 replies | 10239 view(s)
  • Bondlady2's Avatar
    271 replies | 10239 view(s)
  • harry's Avatar
    Yesterday, 08:51 AM
    Cabinet restricts the import and export companies and buy the currency recorded 06/29/2016 It announced the Council of Ministers, on Tuesday, inventory Import and Export As companies process registered with the Ministry of Commerce, and the establishment ofcompanies "solidarity" holds the clearance Alkmarki process, as identified the first of next July as the date for implementation, the crisis cell , headed by the Prime Minister has decided to develop a plan to pay off the internal financial debt and the postponement of installments Paris Club until Iraq expiration of its obligations, and speed up payments to contractors and farmers. the Office of the Prime Minister Haider al - Abadi in an official letter addressed to the ministries and departments not associated and provincial councils entitled (import and export) procedures, I got (range), the a copy of it, " the approval of got to limit the import and export of materials and goods , and buy the currency on behalf of companies registered with the Registrar of companies in the Iraqi Ministry of trade process, for all materials covered (provided import) leave, or not covered." He pointed out the book, to "establish a company ( solidarity) exclusively holds the clearance process Alkmarki, "Nasa that" the implementation of paragraphs will start from the first of next July. " promised a book, the Office of the Prime Minister that, it" came in line with the reforms launched by the Prime Minister package, based on the provisions of the companies Act No. 21 of 1997 as amended, and inorder to control the settling accounts Alkmarki and tax procedures for the purpose of regulating the import and export of materials and goods and control the movement of funds in foreign currency movement, including those funded by the Central Bank of Iraq. " turn the economic expert on behalf of Jamil Antoine said in an interview for the " long " , that " the government steps toward control of the laundering and smuggling dollar overseas operations is relatively good, but too late." He added that " the main reason for the rise in price of the dollar in the domestic market is the process of supply and demand , which differed from previous years due to decreasing the amount of supply significantly from $ 300 million to $ 120 million a day, as a result of lower oil prices in nearly two years. " he explained Antoine" the auction of daily currency, which depends mainly on the sale of oil revenues by the government has become a front for operations financial and administrative corruption over the past years without any real movement by financial institutions in the country to stop the bleeding money and smuggled out of the country. " He said the " limited import and export operations of the Ministry of Commerce is considered an important step to control the amount of money sold in the domestic market and knowledge of the market needs of the consumer in addition to cut the road in front of the speculators and the corrupt in the currency smuggling abroad. " He stressed Antoine" The central bank is obliged to apply the laws that limit the operations of financial corruption, especially with regard to daily trading for the dollar coordination of relevant ministries on a regular basis and practical. " in a statement, the Office of the Prime Minister, Haider al - Abadi, received a (long) , copy of it, "al - Abadi, chaired a meeting of a cell crisis , " the statement added, that " the crisis cell, discussed the topics on the agenda and decided with regard to public debt start paying domestic debt and develop a plan in this regard and work to postpone the premiums Paris Club until the end Iraq 's obligations under the standby credit arrangements. " She cell, according to the statement," lending to industrial, agricultural and residential projects and briefed on the progress of work after the start of the actual lending operations and the importance of the profile of this project for citizens who wish to borrow and its positive effect on the economic situation measures , "he said , adding that" cell the crisis has taken a series of measures to ensure speed up payments to contractors and farmers. " She stressed the crisis cell, to" speed up the funding allocations needed to sustain electric power projects after the improvement of processing for citizens and continued to work for the continuation of the citizens better equip ", pointing out that he" decided to accelerate irrespective protection network allocations social by the Ministry of Finance. " revealed a document issued by the Office of the Prime Minister Haider al - Abadi, Monday (April 11, 2016), that the crisis cell and directed the Ministry of Finance and the Central Bank to issue national bonds to address the entitlements of companies and contractors, the document noted that the annual interest rate for these bonds amounting to 5 %, while a source familiar said that the value of bonds of up to about one billion and 500 million dollars. the Central Bank of Iraq announced on Sunday (April 10, 2016), for the approval of a cell of the financial crisis , headed by Iraqi Prime Minister Haider al - Abadi, to issue bonds to pay dues Contractors and suppliers of state institutions, and as he emphasized that the bond is a guarantee for loans at full face value, he pointed to the possibility of deducting those bonds in banks or sold in the market. and discussed the Iraq Stock Exchange on Monday , the (4 April 2016), with the Central Bank of Iraq mechanism of government bonds put up in the Iraqi stock Exchange, while confirming the formation of committees to follow up the matter thoroughly. http://www.almadapaper.net/ar/news/512853/%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D8%AD%D8%B5%D8%B1-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D9%8A%D8%B1%D8%A7%D8%AF-%D9%88%D8%A7%D9%84%D8%AA%D8%B5%D8%AF%D9%8A%D8%B1-%D9%88%D8%B4%D8%B1
    0 replies | 73 view(s)
  • harry's Avatar
    Yesterday, 08:11 AM
    The US Embassy provided a credit facility of $ 2.7 billion for Iraqi security forces 29/06/2016 13:46 pm Announced that the US embassy in Baghdad, Wednesday, on the status of credit facilities totaling $ 2.7 billion for Iraqi security forces.A statement issued by the Information Office of the Embassy received / balances News / copy of it, that "the US ambassador to Iraq, Stuart Jones and Finance Minister Hoshyar Zebari has today signed a declaration of intent to provide credit facilities totaling $ 2.7 billion in foreign military financing (FMF)". He noted Jones, according to the statement that, "This credit facility will allow Iraqi security forces to postpone payments for the purchase of ammunition and maintenance of the 16 planes F- and M1A1 tanks and allow the deal valued at $ 2.7 billion for Iraq a grace period of one year and the duration of payment of an eight and a half years to pay dues military procurement ". He continued, that "under the Strategic Framework Agreement, the US embassy is working closely with the Government of Iraq to ensure that the current economic challenges facing Iraq does not affect the ongoing defeat Daash campaign, and provides this credit facility further support to the continuous development of Iraq as a strategic partner is stable and self - reliant . http://www.mawazin.net/%D8%A7%D9%84%D8%B3%D9%81%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9-%D8%AA%D9%82%D8%AF%D9%85-%D8%AA%D8%B3%D9%87%D9%8A%D9%84%D8%A7%D8%AA-%D8%A7%D8%A6%D8%AA%D9%85%D8%A7%D9%86%D9%8A%D8%A9-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-27-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%84%D9%84%D9%82%D9%88%D8%A7%D8%AA-%D8%A7%D9%84%D8%A3%D9%85%D9%86%D9%8A%D8%A9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A%D8%A9/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9
    0 replies | 49 view(s)
  • harry's Avatar
    Yesterday, 07:51 AM
    Banking reform requirements 6/29/2016 0:00 Became placed to identify trends in banking reform and clear indicator that changes made ​​by the government in the departments of government banks as an important step on the road to reform. Read in this change is that it is not targeted to these departments Bchkhosa, but requires the need to choose a new departments able to interact with the banking reform requirements required by the young Akhttiaralchksaat competent. This message refers to the escalation of the significant role of the banking sector in light of the government 's attempts to get rid of the effects of the financial crisis that affected the country 's capacity, so necessary, to adopt the terms of reference able to interact with the current critical stage requirements. And when there was an ambitious government program undertaken by the government incooperation with the Bank CBI to stimulate the productive sectors through the development of the Central initiative customize it amount «6« trillion dinars for lending to small businesses , which are designed to be the responsibility of the medium and large private banks , which are designed to be implemented through government banks. it became clear that such a development program needs to change required to implement it and so due to the faltering implementation as signs of an inability to absorb it and implement it came change. which deepens well in the content and objectives of this joint development program between the government and the Central will find it an effective way to mitigate the effects of the crisis or overcome by moving and stimulate production and service sector. From here highlights the importance of activating the partnership between government and the private banking sector being the arms of the central government in the implementation of the joint development program to the fullest. Touch of the initiative shown by TBI through what she did in the presentation of his new administration developed its potential , which was established in accordance with the global banking system to cooperate with the Association of private banks but also reflects the correct implementation of the requirements of the banking reform trends. We hope the rest of the government departments to suit the lead banks Bank of Iraq to work to achieve ahealthy environment for the banking reform by adopting a partnership in place to achieve the goals first is to achieve reform and second , setting the first step on the road toimplementation of the requirements of a market economy. We will continue to see http://www.alsabaah.iq/ArticleShow.aspx?ID=119142
    0 replies | 64 view(s)
  • harry's Avatar
    Yesterday, 07:48 AM
    Roadmap to invest the wealth of Iraq 6/29/2016 0:00 BAGHDAD - Hussein al - Tamimi Tgb is to achieve self - sufficiency in domestic production and reduce the import of the most important requirements for the next phase to create a balanced economy based on the head of internal capital cycle in the overall joints achieved significant economic feasibility of the country by investing surplus funds in new development projects. Economist Jaafar Yassin said that the Iraqi economy shifted from a unilateral to the open market - based economy of the private sector 's efforts in his administration has become necessary, pointing to the importance of working to identify sectors that have priority in the process of economic reform which chime What is mentioned in the government 's economic program. economic policy , he said in an interview for «morning» that the volume of wealth owned by the country 's leading economists to think a road map to be invested as the best that promote lives of citizens and guarantee the rights of future generations, as it requires drawing the right economic policy is based on the optimal use of available resources and to achieve self - sufficiency and reduce imports from various international markets, at a time it can provide most of the import materials locally, stressing the need to work on the development of economic activities that provide basic services and to increase production of goods and commodities by the private sector. He pointed out that the sectors that must begin reformed a direct impact in the economic development process of the oil and banking, industry, tourism and communications across its restructuring, and to be working towards a partnership between the public and private sector and involving foreign investments and facilitate their work by changing legislation and procedures and the creation of advanced banking systems contribute to attract these investments. development work either competent in economic affairs Ahmed costly pointed out that support the development of industrial production in line with the plan and program of the prime minister and the advisers required to accelerate the provision of development work requirements that begin with the availability of legislative environment guarantor of the rights of all parties to work and achieve smooth high implementation away from all forms of bureaucracy, stressing the employment of development loans in the direction you set aside for him and this comes in cooperation with all the relevant authorities , which should put a clear roadmap her relay loan from its early stages to production and beyond. It had decided to form a higher committee composed of the Industrial Bank, industrial development, the Federation of Industries and the experts are not fewer than three economists and industrialists veterans to activate projects that use local materials , such as construction, food and pharmaceutical, as well as mechanical of Chemical. Inexpensive between, the development loan is aimed at existing industrial projects and approved by the Industrial development Directorate and the Iraqi Federation of industries with the allocation of 10 percent of the loan for new projects. the balance of interests of the part of the competent economic affairs Ahmed al - Sumaidaie that the productive sectors of development requires the promotion of the legislative reality to form an integrated working environment check the economic viability of the country noting that the issuance of any legislation must that is the principle of balance of interests springboard for him, and that there is a moral obligation by the companies comply with the legal instructions. production opportunities while competent in economic affairs Abdullah al - Hassan al - Shammari stressed the need to adopt real measures to stimulate the economy and domestic production to save the various economic sectors of the state of deterioration experienced by the due increased foreign imports to meet most of the requirements on domestic production opportunities account. he said it was better for the employment of the money during the financial abundance in the development of the various productive sectors and the dimensions of the national economy from the effects of which affect crude oil prices. he stressed the importance of raising efficiencies based on the management of public funds, warning of the better management of fiscal revenue and keep it away from the specter of corruption enriches the country towards foreign loans direction. http://www.alsabaah.iq/ArticleShow.aspx?ID=119141
    0 replies | 60 view(s)
  • harry's Avatar
    Yesterday, 07:42 AM
    Reading in Iraq an agreement with the International Monetary Fund 6/29/2016 0:00 Mohammed Sharif Abu Mayssam Well I did when the government made it clear, and in the words of the official spokesman for the Prime Minister, the merits of the loan to be submitted by the International Monetary Fund for Iraq, which was raised around a lot of confusion. It is important here disengagement of intentionality in the media hype, made ​​by the enemies of all that is wholesome for Iraq in order to damage and create more chaos and confusion, and between reading for meaningful and constructive debate that looks at the national conscience for the benefit of the country and people in the thorny file has been associated in developing countries , motives and objectives political donors, motivated produced economic and social crises raging in possession of all the elements of continuity crisis and create objective conditions for the outbreak of another crisis more severe in order dependence of the economies of those countries in favor of the triad of globalization (IMF, World Bank, World trade Organization) and Ihrkhma. It is also important to know benefits that can be achieved by the country, in getting loans at interest rates is said to be low , a 1.5 percent a year (without the knowledge of the delay interest rate that would result from the failure to pay on time the details) , if we know that the value of the loan is $ 5.4 billion. releases confirm that this the loan will help reduce the «extra» deficit in the state budget, the impact of the drop in oil prices, and to follow the procedures help reduce the total deficit in the state budget. It is known that the planned budget deficit amounted to 24.2 trillion dinars , equivalent to20 billion dollars, while approaching the additional deficit resulting from lower oil prices and increased the war on terror than the same figure expenses, indicating statements that the loan will be given over five years , which means that an estimated $ 1.08 billion annual value of the loan, this figure accounts for about 2.5 percent of the value of composite deficit .. and therefore does not deserve all the hype and all this package of reform requirements that perpetuate the existence of the parasitic classes that Aatacht and matured on the body of the national Alaqsad and jeopardize the economic decision for the benefit of creditors, and the first was that the money supply beyond the trading which are estimated at 31 trillion activate dinars, and this is what we said when was the World Bank's loan of $ 6 billion and the Department of the nearly five years and also enclose a package of requirements that was including stop government jobs for three consecutive years and the privatization of the public sector entirely raising suspicion about the future of the sector of oil. and what 's more surprising the relevant authorities remarks, with regard to the promotion of the creditworthiness of Iraq, and raise the credit rating, and the stranger in this matter is that the credit rating agencies the world often debt owed ​​by the size depends creditors in the credit rating downgrade and not vice versa, while insisting there levant authorities that this agreement will contribute to building a financial umbrella pave the way for the seven major industrial countries to provide credit facilities for Iraq, and here it is becoming increasingly blurred! Who holds this parachute and where it came from ? As long as Iraq is suffering from an additional deficit in the public budget, eight credit rating is very important in trade exchanges, so why focus on the importance in obtaining loans? If the perception is based on the grounds that Iraq is rich and able to repay the debt a country , it is the first that this criterion depends advance in the credit rating agencies without going into these requirements that the movement of political and economic decision recorded in the days ahead, and raises the question and strangeness more that this religion be a factor in opening the doors of assistance such as access to additional financial support from the World Bank and other countries, and the provision off acilities aimed at easing the burden of the payment of Iraq 's previous commitments with the Paris Club, as well as those relating to the payment of international financial obligations of the other. it 's good news, but we have the right wonder we are aware of the story of mortgaging the sovereignty and the future of many developing countries indebtedness capped a big firm of requirements, you abandoned global capitalism from the logic of cash accumulated in developing countries run in order to turn a profit and to ensure the continued survival of these countries in the capitalist system cabinets world? here we must remember , said that the debt of developing countries were not exceed more than $ 50 billion in 1968 , but it had accumulated very rapidly to more than 500 trillion dollars by the year 2010 due to the so - called external debt service (premiums and benefits) that eat up a large part of the cash resources generated by developed countries ' exports developing. With the sharp rise in the external debt stock increased external debt service is $ 22 billion in 1974 to $ 76.6 billion in 1980, and to $ 536 billion in 1987 , and so countries entered the city on a treadmill over its inability to meet its financial obligations in the schedule specific, because you have to request new loans and the conditions more difficult for the payment of premiums and benefits of loans old. In fact, 90 percent of the debt owed ​​by developing countries is only the benefits that the real debt has been paid in the form of premiums and benefits, and in this way dependent upon the fate of the economies of those countries However , based on the triad of globalization. http://www.alsabaah.iq/ArticleShow.aspx?ID=119138
    0 replies | 53 view(s)
  • harry's Avatar
    Yesterday, 07:31 AM
    good morning to all ds i pray that everyone will have a blessed day today and enjoy its
    271 replies | 10239 view(s)
  • ksdunlap's Avatar
    Yesterday, 06:56 AM
    Happy Hump Day DS :). That's very true Harry. I hope everyone has a wonderful day. Blessings to all.
    271 replies | 10239 view(s)
  • TrainMan's Avatar
    06-28-2016, 01:27 PM
    One has to hope that the U.S. is helping to stabilize this situation. If Abadi goes, that can not be good for a stable Iraq.
    2 replies | 110 view(s)
  • ronald h. isbell's Avatar
    06-28-2016, 12:53 PM
    This stinks.. Its just like the Iraq we've come to know.. One step forward and ten years back...
    2 replies | 110 view(s)
  • harry's Avatar
    06-28-2016, 08:54 AM
    Allawi: Court's decision opens the door to reach a political agreement 28/06/2016 14:19 pm Counting Iraqi National List leader Iyad Allawi, on Tuesday, the Federal Court decision on the two sessions of the Parliament in April last, a way to open the door to reach a political agreement to achieve reforms. Allawi said in a statement received / balances News / copy of it, that he "had previously announced our opinion that reference the Supreme Judicial Council and its decisions are what need to be adhered to by all political parties. "He added that "the judiciary yesterday took a historic decision that the Iraqi Media Network to be linked to the Council of Representatives, which is considered a victory for democracy and the Constitution, as well as taken on a historic decision the least, considering that two sessions of the House of Representatives on 14 and April 26 last were unconstitutional. "Allawi stressed that "this decision opens the door wide for the various parties to reach an agreement, leading to the achievement of unity and national reconciliation and to stick to the real implementation of reforms in the political process, structure, and without any equivocation. "The Supreme Judicial Council announced on Tuesday that the Federal Court decided Irrelevance Bgelsta Parliament on 14 and April 26 Almadi. http://www.mawazin.net/%D8%B9%D9%84%D8%A7%D9%88%D9%8A-%D9%82%D8%B1%D8%A7%D8%B1-%D8%A7%D9%84%D9%85%D8%AD%D9%83%D9%85%D8%A9-%D9%8A%D9%81%D8%AA%D8%AD-%D8%A8%D8%A7%D8%A8%D8%A7-%D9%84%D9%84%D8%AA%D9%88%D8%B5%D9%84-%D8%A7%D9%84%D9%89-%D8%A7%D9%84%D8%A7%D8%AA%D9%81%D8%A7%D9%82-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B3%D9%8A
    1 replies | 100 view(s)
  • harry's Avatar
    06-28-2016, 08:48 AM
    Citizen: Federal leveraged's decision to withdraw confidence from the al-Abadi 28/06/2016 14:13 pm MP for the Bloc citizen and the head of the Parliamentary Finance Committee Faleh applicable, on Tuesday, the Federal Court's decision on the abolition of the two sessions of Parliament leveraged withdraw confidence from the Prime Minister Haider al-Abadi, they returned him to strike a last resort, and a victory for his opponents. The force said in a statement received / balances News / copy of it, that is. "The Federal Court's decision regarding the cancellation of the two sessions 14th and April 26th / 2016 as a Thaoh reasons to withdraw confidence from the Prime Minister and the invalidity of the session 26 blow to Ebadi and a victory for opponents who breathed a sigh of relief. "He added, "The opponents Abadi, will begin a new stage to withdraw confidence from him after the Eid holiday and the holding of the next parliamentary session ."The Federal Supreme Court ruled on Tuesday declared unconstitutional two sessions of Council meetings , the House of Representatives on 14.04.2016 and 26.04.2016. http://www.mawazin.net/%D8%A7%D9%84%D9%85%D9%88%D8%A7%D8%B7%D9%86-%D9%82%D8%B1%D8%A7%D8%B1-%D8%A7%D9%84%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF%D9%8A%D8%A9-%D8%B3%D9%8A%D9%87%D9%8A%D8%A3-%D9%84%D8%B3%D8%AD%D8%A8-%D8%A7%D9%84%D8%AB%D9%82%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D8%B9%D8%A8%D8%A7%D8%AF%D9%8A/%D8%B3%D9%8A%D8%A7%D8%B3%D9%8A%D8%A9
    2 replies | 110 view(s)
  • harry's Avatar
    06-28-2016, 08:41 AM
    Iraq opens a new branch in Baghdad 06.28.2016 at 09:01 Rafidain Bank, announced Tuesday the opening of its new branch in Haifa Street in Baghdad to conduct banking activity and provide services to citizens. Press office of the bank said in a statement received / balances News / copy of it, "it was the opening of the new building in Haifa Street, near the Ministry of Justice building in Baghdad, after it has been fully rehabilitated. "The statement added that "the bank to develop a plan to improve the work in order to raise the level of services provided to citizens, and keep abreast of developments in modern banking systems and the use of electronic management of it," . http://www.mawazin.net/%D8%A7%D9%84%D8%B1%D8%A7%D9%81%D8%AF%D9%8A%D9%86-%D9%8A%D9%81%D8%AA%D8%AA%D8%AD-%D9%81%D8%B1%D8%B9-%D8%AC%D8%AF%D9%8A%D8%AF-%D9%84%D9%87-%D9%81%D9%8A-%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF
    0 replies | 73 view(s)
  • harry's Avatar
    06-28-2016, 08:20 AM
    Parliament speaker: respect the decision of the Federal Court and reaffirm our right to sue from the ruins of public money appropriated it official status illegally 28-06-2016 01:35 PM The President of the House of Representatives Saleem al-Jubouri, on Tuesday, expressed respect the Federal Court decision released this day on the unconstitutionality of the two sessions on 24 and 26-4 / 2016. He added that this decision was made to confirm what I went to him the presidency of the House of Representatives and most of the political blocs of unconstitutional practices by the number of objectors House of Representatives and that any change in the state institutions must be the starting point of the legal and constitutional materials. He also explained that the decision came at the right time and finished all the attempts that you want to obstruct the work of the House of Representatives in the next phase, saying, 'We were keen that the court ruling issued before proceeding with the work of the House of Representatives the third legislative year, and in order for the Council of its constitutional duties regularly and cut the road in front of each of protest against the decision of the Federal Court for non-compliance with constitutional duties entrusted to it by the people. ' Parliament Speaker emphasized that this decision does not fall to resume his legal right to institute criminal proceedings against those who caused sabotaging public money and shading justice or holds himself out of official status is not law. http://www.ikhnews.com/index.php?page=article&id=145009
    0 replies | 56 view(s)
  • harry's Avatar
    06-28-2016, 08:12 AM
    Allawi described the Supreme Court decision "historic" 28-06-2016 03:04 PM The head of the National Coalition, Iyad Allawi, a decision of the Federal Supreme Court, Tuesday, B'altarue '. A statement from the office of Allawi, 'previously announced our opinion that reference the Supreme Judicial Council and its decisions are distinguished what needs to be adhered to by all political parties. " He said 'Yesterday the Supreme Judicial Council adopted a historic resolution that the Iraqi Media Network to be linked to the Council of Representatives, which Maaattabr a victory for democracy and the constitution. " The statement continued, 'as distinguished Supreme Judicial Council today took a historic decision the least, considering that two sessions of the House of Representatives on 14 and April 26 last were unconstitutional, opening the door wide for the various parties to reach an agreement that would lead to the achievement of unity and national reconciliation and adherence to the implementation of real reforms in the process structure political '. The Federal Court has decided in its day Irrelevance Bgelsta the House on 14 and 26 April. The Court considered the parliamentary session on April 26, which saw the vote on the cabinet reshuffle 'unconstitutional because they were held in an atmosphere contrary to the Constitution.' http://www.ikhnews.com/index.php?page=article&id=145017
    1 replies | 100 view(s)
  • harry's Avatar
    06-28-2016, 08:06 AM
    Distribution of dues of contractors and farmers ahead of the Eid al-Fitr 6/27/2016 0:00 BAGHDAD - morning revealed the Ministry of Planning for the distribution of dues of contractors and farmers ahead of the Eid al - Fitr. According to a ministry statement received »Sabah» copy of it, the «Planning Minister Salman Jumaili chaired a meeting with representatives of the Economic Committee and the services in the House of Representatives on the direct distribution of the bond between the contractors and farmers In order to pay their dues owed ​​by the government ». Do not stop for the economy , said Minister of planning during the meeting: The« subject of the distribution entitlements was serving government since the beginning of its formation until now », expressing his belief that the economy and projects should not stop through the fulfillment of entitlements Contractors, as The inventory of these benefits, stressing that there is a decision to pay 40 percent of these benefits except for strategic projects, as it will be the repayment of 100 percent and next year we will continue the rest of the benefits for contractors and farmers ». dialogue between the government and the private sector for his part, said the financial advisor to the prime minister appearance Mohammed Saleh: that the meeting discussed the two - fold, first part determining entitlements peasants and farmers who have stocked grain for the years 2014.2015, 2016 as the mechanism was developed and adopted under the payment bond previous debt. He added that « the meeting also involved dialogue between the government and the private sector on payment mechanisms, the protection process their rights for fear of ambiguity or blackmail or something else », adding that« financial control important role in auditing dues contractors to avoid any contracting or fake dues or satellite at the same time protect the Contractors rights or processors of any extortion or corruption cases show here or there ». He noted that this important meeting , and took its important recommendations will be submitted to Dr. Haidar al - Abadi Prime Minister. Payments to all contractors in turn, Undersecretary of the Ministry of Finance Fadel Prophet said: «This meeting was held for the purpose of clarifying the payment of contractors , which was issued by a decision of the Council of Ministers and was the Board 's decision is to pay 50 percent of all contractors of their dues, but at the meeting thought the strategic projects that must be completed 100 percent, so we have reduced the ratio from 50 percent to 40 percent for all projects except strategy ». he said, according to the statement, said that« strategic projects will pay 100 percent through bonds. » big step either a member of the economic and investment commission in Parliament MP Yahya al - Issawi , he pointed out that there are good decisions have been taken in order to exchange receivables. He explained that« these entitlements will be spent 40 percent of the contractors, and 50 percent of the peasants », indicating that this matter is« a big step »for the payment of these receivables, and therefore there will be work and boom quality in order to initiate new economic process, especially that this process is done through stroll the market, and thus the wheel will continue with a view to bolstering the economy and move Jlth will move the construction process as well». He said «this step will be followed by another step in the next year in the next budget», stressing that «there will be help from the House of Representatives to put dues required by the contractors and farmers on the agenda in the next budget, as there will be other steps later in order to supplement the project». as for the projects will be a priority, He explained al - Issawi said the strategic projects were taken into account, since there will be 100 percent disbursement of dues Contractors in this direction, hoping to be the next steps flowing in this direction for the advancement of the country}. in the same vein , said head of the Iraqi business Council David Abdul Zayer was full agreement on the timeframe for the launch of Treasury bonds for the benefits Contractors across Iraq. And between after the meeting, said that « the coming days will witness directly the Ministry of Finance , regardless Contractors bonds to the Central Bank of Iraq», adding that «On this basis , the Iraqi Central Bank will exchange starting with the arrival of the claim by the Ministry of Finance, and therefore the government of Barashid banks will be and Mesopotamia and the Iraqi trade Bank capable of buying these bonds and reimburse contractors for the owners of these bonds. » He explained that he «was agreed that a ratio of 100 percent of the projects is completed , which reached completion rate in more than 80 or 85 percent, which is one of the strategic projects, either in connection with projects that few accomplished and non - strategic ratios will exchange 40 percent of the dues», stressing continue to work with the Commission to the end of the year on the basis of the remaining dues to contractors next year. http://www.alsabaah.iq/ArticleShow.aspx?ID=119008
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  • harry's Avatar
    06-28-2016, 07:52 AM
    Investment funds chunky reduce budget deficit 6/28/2016 0:00 BAGHDAD - Hussein al - Tamimi Tgb multiple resources such as a new direction imposed by the financial distress experienced by Iraq because of its reliance oil revenues, which prompted the government to look for new financial sources through taxes and customs fees of services provided to citizens, there is to be directed earnest towards the possibility of activating production industrial and agricultural through concessional lending for real projects lead to make the local capital cycle, thereby reducing the deficit in the federal budget. vice economic prime Baghdad forum on behalf of Jamil Antoine said , to address the budget deficit oldest prime minister 's office at the beginning of 2015 to address the shortage and scarcity of resources financial result of falling oil prices, it issued orders to work on multiple resources and activating the role of the private sector to benefit from its capabilities and pursuant to an order Diwani formed task forces to activate these measures that will move to work in the productive sectors of industry, agriculture and banks in order to provide liquidity and reduce the dependence on oil revenues. He added in his «morning» that many parties have worked on the issue of spending cuts partial measures were not required to reduce salaries and reduce security guards and reducing purchases of the ministries and departments level adopted and the provinces. He pointed out that government revenues I pointed out an increase in the collection after the new collection mechanism for the adoption of the customs and set the pricing for some services in hospitals and the book to reverse many of the departments that rely self - financing although there are objections to the no - load citizen new burdens due to low income. and the role of the private sector to contribute to building the Iraqi economy and work with the Iraqi government and out of the crisis faced by the country , he said Antoine: that the private sector was unable to exercise his role decree in the Constitution, was not the level required in building a strong economy after 2003 , where he was to survey and postpone get his dues recently launched through Treasury bonds. he said that the reactivation of the private sector role in the restoration of the Iraqi economy It requires restore confidence between the government and the private sector on top of that foot on the quick steps without delay and not to give a chance to a bureaucratic delays in its contribution to the process and trying to blackmail him to get his rights. He stressed the importance of restoring bridges of trust between the citizen and private banks across the Iraqi Central Bank intervened and shifted money citizen from Aktnazih savings to investment guaranteed savings, and it was the feet of the Council of Ministers on the establishment of a deposit insurance company is an important step complementary to these measures. said Antoine: the central bank lending to investment banks , development encouraging to pay for the private sector in industrial activities, agriculture, tourism and services and the actual contribution and this requires tightening control over the exchange rate of the dollar to prevent manipulators of creating another rate price is paid by the citizens in differences in prices of goods. He noted that the re - deposits to banks after the extension of confidence between the two parties will work on the extension of trust between banks and can use the money to lend to the government to cover the deficit in the public budget Federal and thus revive the domestic market and the reduction of the contraction that has dominated the domestic market, and this enriches the country 's foreign debt and thus interest go to the Iraqi citizens. He said that we have new ideas to attract money chunky in homes to banks and the labor market, pointing out that the experiment Saudi Arabia to offer 10 percent of the company 's properties giant Aramco and other companies to the private sector works to achieve liquidity and invest the money in different sectors and solving financial problems and lay the groundwork for a sound to create a solid productive economy and move away from the royalty oil. http://www.alsabaah.iq/ArticleShow.aspx?ID=119092
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  • harry's Avatar
    06-28-2016, 07:39 AM
    good morning to all ds i pray that everyone will have a blessed day today and enjoy its,,ksd that good that its working now and when you have to call for a repair person out its does get expensive,
    271 replies | 10239 view(s)
  • ksdunlap's Avatar
    06-28-2016, 06:56 AM
    Good morning Tudor, cleopatra, harry, b1955, guardian, Bondlady2, Rr & all of DS. AC is now working :). Expensive is right Sis & YES out day WILL come. I hope everyone has an awesome & blessed day.
    271 replies | 10239 view(s)
  • tudor's Avatar
    06-27-2016, 09:57 PM
    Good evening ked, guardian, harry, Cleopatra, Bondlady2, b1955 and all. Harry, yep, I do keep the faith, that is what keeps me going! Ksd, wow girl, hope all worked out on your air conditioner. They are expensive to fix. I guess we all have different issues with the price of goods these days. Hang in there everyone! Our day WILL come!
    271 replies | 10239 view(s)
  • cleopatra's Avatar
    06-27-2016, 11:08 AM
    Good afternoon Tudor, ksdunlap, guardian, harry, b1955, bondlady2, gigi3, dinar investor and all ds'ers. Hope everyone has a wonderful day!!:-)
    271 replies | 10239 view(s)
  • ksdunlap's Avatar
    06-27-2016, 10:26 AM
    Good morning tudor, harry, guardian, cleopatra, b1955, Bondlady2, Roadrunner & all of DS. Wow Sis, what a week. Everything is going up all around us. Our AC went out a couple weeks ago, it was a capacitor .. it went out again yesterday .. Lap thinks it's the motor this time. I guess we'll find out when the repairman gets here UGH. COME ON RV :). I hope everyone has a blessed & wonderful day .
    271 replies | 10239 view(s)
  • harry's Avatar
    06-27-2016, 08:17 AM
    Abadi Office: signing of the memorandum with the International Monetary will provide Iraq with $ 14 billion 06.27.2016 11:25 He said a spokesman for the Information Office of the Prime Minister Saad al -Hadithi, , that the Iraqi government submitted to the International Monetary Fund for an integrated vision in the process of its reform program and plans to address the economic problems and the reform of the administrative and financial system, adding that the signing of the memorandum with the International Monetary will provide Iraq with $ 14 billion. The newborn in a statement he was "untrue at all of what is rumored about removing part of the employees' salaries as a result of agreements signed with the International Monetary Fund note, as the expansion vessel tax settling accounts through income does not include tax, but with the higher grades and special grades and the staff of the first and second division only." The statement continued that "this note will provide an important Iraq's financial support under the current financial crisis, where Iraq will get $ 5.4 billion from the International Monetary Fund over three years at an interest rate not to exceed 1.5% Fund will provide two billion dollars before the end of this year in batches" . He explained, "The memorandum will improve the situation in Iraq credit which opens broad prospects for support, financial and economic support from many international and regional financial organizations, where Iraq will receive three billion dollars from the International Bank for Reconstruction and Development as well as the assistance to be provided by donor countries." Sabri revealed that "total Machristsal upon Iraq as a result of the signing of the memorandum with the International Monetary Fund would be about fourteen billion dollars and is complementary to the agreement with the Government's program of reform Monetary Fund requirements." http://al-mawqif.com/permalink/12558.html
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  • harry's Avatar
    06-27-2016, 08:12 AM
    CENTRAL BANK: THERE IS NO CATEGORY OF 50,000 COUNTERFEIT DINARS June 27, 2016 The CBI said that there is no currency of the fifty thousand fake, noting that this neat category and it is easy to detect, and that the forgery process is limited. According to General Manager, version and cabinets Abdul Abbas Khalaf said in a statement on Monday, he followed the Iraqi transmitter Network (IBN), "The currency can warping, and all currencies in the world are exposed to fraud," adding that "with the start of the issuance of the 50 categories thousand dinars, we have organized a media campaign , to illustrate the evolving security specifications in the banknote for the citizens and the traders currency traders, whether citizens or knowledge of these security specifications in the currency to be scanned. "He said, "Unfortunately there is no culture of acquisition currency scanners among the citizens, and the owners of the shops and malls and assumed that these devices rely especially since most of the nations of the world examine the currency in commercial centers. "I have contracted with international companies for the printing of currency, including the companies that prints the euro, noting that there are dealing with cash can pass through fake currencies and the security agencies, the need to combat economic crime and through the presence of markets and field track fraud and scaled gangs He noted that "the central bank does not have to follow the currency in the market but it is a version of a currency with high quality, and that the counterfeiting process is very limited for the currency, noting that counterfeit currency reveal once seen look Tvhsah simple and can be easily spotted being not completely identical to the original currency, the Taamilon to people in the market are unable to detect, urging citizens to examine the currency, especially when receiving cash bundles large amounts. " http://ibnnews.net/?p=33208
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  • harry's Avatar
    06-27-2016, 07:39 AM
    National doubles Sindh private sector activity 6/27/2016 BAGHDAD - Mostafa Hashemi said economist academic Dr. Essam Mahouelle: The Sindh National , which the government launched yesterday in the payment of outstanding dues to farmers and industrialists will increase private sector activity by these versions since they may sell itto a third party to get the liquidity it needs. He Mahouelle »Sabah» that this step is successful and will ease significantly the burden on the productive private sector industrial and agricultural branches of the fact that the Sindh National guaranteed 100 percent being issued by the government. Secondary reserves explained Mahouelle triggers the issuance of the national Sindh saying: States often ask government bonds for by central banks for several purposes revolve around government funding in question, either fund a project or improvement project , or to fill a budget deficit or any other reason, noting that these bonds carry certain benefits, and governments demand from banks to purchase to be part of the secondary reserves . He continued: But mostly, the countries practicing this kind of types of releases (which are in fact the debt of the government) is a weak or moderate sources of funding for countries. The pace of business and noted that the government is issuing a national bond , it seeks to repay the debt owed ​​to the private sector to ensure the continuity the pace of business in order to serve the economic process, alluding to the need to ensure the success of liquidity management in the country, especially that it is of a huge return oil country. He Mahouelle that the adoption of the national bond, which will lead through its debt to the private sector will be one of the solutions of the financial hardship faced by the country as a result of the decline in world oil prices. Maturity of the bonds , and pointed out that the government budget will bear the amount of debt service to be paid at the maturity of the bonds, indicating that the government will get rid of the persistent pay the dues of the private sector claims. Mahouelle described the move a success, warning at the same time repeated that the increased recurrence represents his attention economist for planners in the government to do to plan better for the liquidity of the state in the future and not to alienate them. Monetary Fund and the opinion of the international Monetary Fund to issue bond National said Mahouelle: it 's internal economic relationship forced Iraq to practice because of the circumstances, but certainly Fund Aerdy load government budget burdens extra above the current workload. the launch of the bond comes to pay overdue private sector dues on the government, which range from $ 6-7 trillion dinars The first batch of them and handed over the national bond secured by virtue of which will be concluded to reimburse contractors and companies that have implemented strategic projects and implementation of advanced rates by 100 percent , almost entirely for executing projects and decreasing ratio according to the percentage of completion. http://www.alsabaah.iq/ArticleShow.aspx?ID=118999
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  • harry's Avatar
    06-27-2016, 07:27 AM
    good morning to all ds i pray that everyone will have a blessed day today, tudor that the way we wake up to everyday and see all the increase that we face each day and how to get cut corners to take care of its but we keep our faith knowing that we will make its.
    271 replies | 10239 view(s)
  • tudor's Avatar
    06-26-2016, 10:47 AM
    Good Sunday morning ksd, guardian, harry, Bondlady2 b1955 and all. Been a different week, sigh. Thanks to all the new school levies and cost of property insurance going up, our home loan just took a leap up, ouch! Then we get notice that our supplementary health insurance is going up too. Just when you get things figured out and keep our heads above water, BANG! lol. Oh well, I guess we just have to figure out what else not to spend money on, and keep on treading that water til this rv happens and we can pay our home off. Have a great week everyone, we are to be in the 100's all week...... OH HAPPY DAYS!!! :(
    271 replies | 10239 view(s)
  • harry's Avatar
    06-26-2016, 09:15 AM
    Parliamentary Integrity: Results of the recovery of Iraqi funds smuggled file will be displayed in the new legislative term Sunday 26 June 2016 BAGHDAD / ... The Commission on the parliamentary integrity, Sunday, that the new legislative term of the sessions of the Council of Representatives, will present the results of the work of special committees in charge of pursuing recovery of Iraqi funds smuggled abroad file. A member of the committee MP Ribawar Taha's "Eye of Iraq News," "The money smuggled file can not be settled once and for all boycotted," noting that "the work of the restoration of funds smuggled abroad is divided into two parts, the first follow-up of the former regime's money, and the second investigation for money smuggled abroad for operations of corruption, including the purchase of real estate, "adding that" some of that money finder, and the recovery of applications and is subject to monitoring by the executive branch. " "The parliamentary committee is working on two axes, the first recovery of smuggled money, and the other to recover most wanted fugitives for their involvement in these robberies," noting that "so far there is not a fixed amount, and there is no official accurate information about the size of those smuggled money," stressing that "there is money diverted to shell companies and aliases, more than the difficulty of tracing and recovery. " He said Taha that "the recovery of that money requires the concerned authorities in the Integrity Commission and the intelligence service, the judiciary and the Department of the fight against money laundering in the central bank's internal and external ministries of cooperation," adding that "the recovery of smuggled money is not at the required level as it did not recover which only a fraction is not commensurate with big money smuggled size
    0 replies | 97 view(s)
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