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

Activity Stream

Filter
Sort By Time Show
Recent Recent Popular Popular Anytime Anytime Last 24 Hours Last 24 Hours Last 7 Days Last 7 Days Last 30 Days Last 30 Days All All Photos Photos Forum Forums Articles Articles
Filter by: Forums Clear All
  • Bondlady2's Avatar
    446 replies | 21335 view(s)
  • harry's Avatar
    Yesterday, 08:57 AM
    Iraq spends 920 billion to buy oil products from Iran and Kuwait7/21/2018 BAGHDAD - Oil expert Nabil al-Marsoumi said on Saturday that the money Iraq spends on buying oil products from neighboring countries is enough to build several refineries in the country that meet domestic demand, indicating that Iraq has so far spent 920 billion dinars in purchasing products. "Iraq is the second largest producer of oil at the level of OPEC and the fourth largest producer in the world, yet the successive governments and oil ministries failed to build a refining industry that could meet the needs of domestic demand for petroleum products, which led to the import of some Including from Iran and Kuwait in large amounts amounted to 920 billion dinars in 2018 to provide fuel for power stations and transportation. "If there was a national economic policy to invest surplus oil money in the construction of a group of oil refineries in a number of Iraqi provinces, which will fill the domestic needs of petroleum products without the need for import and to provide tens of thousands of job opportunities for the unemployed. The Ministry of Electricity, announced on Friday, the direct oil ministry of Kuwait to equip the ministry with fuel Alkasael to operate the obstruction units. "Under the direction of the Amir of Kuwait, Sabah Al-Ahmad Al-Jaber Al-Sabah, the Kuwaiti Ministry of Oil will start supplying the Iraqi Ministry of Electricity with the fuel of Al-Kassa'il to operate the suspended generating units and support the operating units," the ministry said in a statement. "A Kuwaiti barge loaded with 30,000 cubic meters of kerosene will arrive on Saturday at the ports of Basra as a first payment," it said, adding that "the other quantities will continue periodically over the next few days." In the same context, the National Investment Authority, during the recent donor conference in Kuwait, three oil refining projects with a capacity of 600 thousand barrels per day, the largest in the province of Basra with a capacity of 300 thousand barrels, and two in Dhi Qar and Anbar with a capacity of 150 thousand barrels each. Iraq's need for oil derivatives increased after the terrorist organization Da'ash seized control of the Baiji refinery in Salah ad Din province in 2014, which provided about one-third of the country's needs of 170,000 barrels per day. The refinery is still out of service because of serious damage. http://aynaliraqnews.com/index.php?aa=news&id22=101938
    0 replies | 58 view(s)
  • harry's Avatar
    Yesterday, 08:39 AM
    Iraqi Central Bank denies preventing the movement of funds and transfers to the Central and southern regions7/21/2018 the CBI, denied Saturday, has gone through the social networking sites of purported publication includes preventing the movement of funds and transfers to the Centre and South of Iraq, its right to take all legal actions against the purveyors of such publications in the Bank said. A statement that "some social networking sites fake publication deliberated attributed to the Iraqi Central Bank includes (prevent the movement of funds and transfers to the Centre and South of Iraq). " the statement said, "while we deny the issuance of such instructions, call upon the media for precision and caution And adoption of data published on the official website of the Central Bank and the Bank's information Office confirmed the Bank, "the right to take all legal actions against the purveyors of such tendentious publications. " and she pages on social networking sites have reported news that Central Bank Saddam issued a decree preventing the movement of funds and transfers to the Centre and South of Iraq in these areas of protests deteriorating services and poor electricity and high unemployment rates. http://aliraqnews.com/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D9%8A%D9%86%D9%81%D9%8A-%D9%85%D9%86%D8%B9-%D8%AD%D8%B1%D9%83%D8%A9-%D8%A7%D9%84/
    0 replies | 42 view(s)
  • harry's Avatar
    Yesterday, 08:36 AM
    Iraq solve ranked 108 worldwide annual per capita7/21/2018 -solve Iraq ranked 108th, on the United Nations agenda in the special report on the world's ranking by gross domestic product per capita annually, where Iraqis are suffering low standard of living and high rates of poverty and unemployment as a result of corruption and policies Misconceptions by successive Governments after the invasion Iraq arrangement. After Ukraine and El Salvador, where the fate of the Iraqi capita report relative to GDP by $7390. at the time of a massive disparity between the monitoring report states that individual earnings reaped first echelon in the list And those that the her, with the world's highest per capita income in Qatar more than 98 000, in the Central African Republic $540. the political class in Iraq the world's richest after Rob them of public money and still. http://aliraqnews.com/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%8A%D8%AD%D9%84-%D9%81%D9%8A-%D8%A7%D9%84%D9%85%D8%B1%D8%AA%D8%A8%D8%A9-108-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A7%D9%8B-%D8%A8%D9%85%D8%B9%D8%AF%D9%84-%D8%AF/
    0 replies | 40 view(s)
  • harry's Avatar
    Yesterday, 08:28 AM
    Abadi issues 14 important resolutions to solve the problems of Dhi Qar7/21/2018 And after the meeting with a delegation of elders and dignitaries of the province of Dhi Qar and the local government, Prime Minister Haider al-Abadi issued 14 important decisions to resolve the problems of the people of the province and to pay their share of petrodollar Baghdad / Dhi Qar province, where he directed the launch of appointments in the province and pay its share of the petrodollar, and re-calculation of the share of Dhi Qar of electricity and ensure its share of water and other decisions, while waiting to meet Abadi Saturday, a similar delegation from Muthanna province to identify A statement to the Prime Minister's Information Office received by al-Sabah said Abadi said during a meeting with elders and dignitaries of Dhi Qar governorate and the local government to listen to the demands of the province in the presence of members of the service and security crisis cell. "The government met the real demands of the demonstrators and we formed a crisis cell to meet them. . "We have short-term projects to improve electricity and water, Health, education and municipalities. There are also medium-term projects that need to be contracted and there are long-term and strategic projects. " And Abadi, that «the government listen to the demands of our people and our sons and clans in Dhi Qar and respond to them and if there is a mistake we retreat because the body is living is the reaction of either the body dead there is no reaction to him», and went on to say: «We will listen to every voice wants to provide Services and wants the interest of the country and therefore we have to cooperate together, and there are four basic joints we are working on water, electricity, health and schools as well as economic aspects ». The decisions of the mission and the Abbadi, according to the statement to the demands of the province and directed «the launch of appointments to the degrees of movement of owners in the province of Dhi Qar and the mandate of the Ministry of Finance to provide financial cover in various sectors and installed in the ministry, and pay the share of the province of petrodollar, and be re-calculated share of the province of Dhi Qar of electric power under The Ministry of Electricity is working to equip the province with mobile power stations as soon as possible ». http://www.alsabaah.iq/ArticleShow.aspx?ID=160289
    0 replies | 48 view(s)
  • harry's Avatar
    Yesterday, 08:21 AM
    The Presidency of the Republic clarifies the reasons for the ratification of Law 13 of the House of Representatives 7/21/2018 Abadi declares his rejection of the law and confirms the submission of an appeal by Baghdad / morning The Presidency of the Republic issued a clarification on the approval of President of the Republic Fuad Masoum on the Law of the House of Representatives and its Formations No. (13) for the year 2018, as well as the Presidential Decree to refer the members of the Council for its third term on retirement, while Prime Minister Haider Al Abadi challenged the law, Financial implications. The Presidency said in a statement received by al-Sabah: "The social networking sites and media sites circulated today, news of the ratification of the rule of President Fuad Masoum on the Law of the House of Representatives and its Formations No. (13) for the year 2018 as well as the issuance of the Republican decree to refer members of the Council for its third term on retirement "Noting that« the Republican decree above was issued on the basis of the provisions of Article (13 / I) of the law of the Council, which indicated (first - taking into account Article 8 of this law is transmitted by presidential decree the President and Vice-Presidents and members of the Council to retire) The Presidency of the Republic shall issue the decree in application of the provisions of the decree "The law was presented to the President of the Republic, who in turn referred it to the Legal Department for review and scrutiny. After examining the law, it was found that there were many constitutional and legal violations that were included in its provisions, in addition to the principle of separation of powers, Between rights and duties. As a result, the President of the Republic returned the law to the Chamber of Deputies with a view to removing those violations which were mentioned in a detailed reading to the Council under the President's letter No. 719/5/1 of 25 March 2018. The Presidency of the Republic, that «the law was returned to the presidency for the second time to request ratification under the book of the House of Representatives No. 5495/9/1 on the seventh of June 2018, based in their communications that there are no constitutional or legal irregularities in addition to the Council claims that there is no constitutional provision that "The President of the Republic has refrained from signing to include constitutional violations, but the law has been passed by the legal period and has been sent for publication accordingly." The Presidency pointed out that it "has worked to address all legislation in which there are constitutional irregularities or a deviation or a legislative defect, and has always challenged the legislation before the competent court, but this procedure is still inadequate and insufficient", explaining that «in order not to issue legislation that Violate the Constitution and lead to damage to public money or prejudice to public rights and freedoms, the Presidency believes that its right to object to these legislation and prevent the issuance of and will take all the constitutional means to do so ». For his part, said a statement of the Office of the Prime Minister Media, received by the morning, that «the Prime Minister rejected the law of the privileges of deputies, which was legislated by the Council in a vague and which the presidency of the Republic now». The statement added that «Abbadi confirmed the submission of an appeal because he did not get the approval of the government as it has financial implications». http://www.alsabaah.iq/ArticleShow.aspx?ID=160283
    0 replies | 35 view(s)
  • harry's Avatar
    Yesterday, 08:07 AM
    good morning to all ds i pray that everyone will have a blessed weekend and enjoy its.
    446 replies | 21335 view(s)
  • Bondlady2's Avatar
    446 replies | 21335 view(s)
  • harry's Avatar
    07-20-2018, 08:18 AM
    Ali al-Aalak: We succeeded in maintaining the {strength of the dinar} 7/19/2018 BAGHDAD / Tariq al-Araji Revealed the governor of the Central Bank Ali al-Alaq, the continuation of the Iraqi dinar to maintain its strength against the dollar, stressing that this is a success of the monetary policy followed by the bank, despite the crises experienced by Iraq, and disclosed the development of an integrated strategy for years ( 2016 2020) contains dozens of plans and initiatives. Al-Alak said in an exclusive interview with Al-Sabah, "The preservation of the dinar against the dollar is a strong element, especially that the exchange rates in many stable countries fall significantly and reach 30 or 40 percent, while in other countries it may fall to more than That ", noting that" the function of the central bank is to maintain the stability of the exchange rate of the Iraqi dinar against the dollar. " He added that "the honor of the Governor of the Central Bank promised him the best Arab comes in the framework of external follow-up of various organizations related to the banking issue through the monitoring of a number of indicators and standards adopted at the bank, " explaining that "these organizations confirmed that the Central Bank during the last three years moved from a bank Working in the functions of the twentieth century to an institution working in the functions of the twenty-first century, and was able to exceed the legacy of years of mismanagement and isolation. " "The bank has made tremendous efforts over the past three years to keep abreast of developments by adding new functions and functions that are being created for the first time in parallel with other countries, as well as continuing focused operations in training, development and benefiting from the support of international organizations and central banks," he said. "Financial stability and risk management, as well as overall quality management and compliance management, are among the other important functions that have been introduced into the central bank," he said. "For the first time, the bank's organizational structure was restructured to accommodate these new jobs Through working with the Office of an international consultant, according to an integrated strategy for the years 2016 and 2020 includes dozens of plans and initiatives that must be completed during that period. " As for the central bank's entry into major investments in the country, Alaq explained that "the central banks should not risk reserves because they are a defense dam against the economic and financial crises facing the countries. " He explained that "the rules of use for the reserve or investment must be placed in a safe place So that the Bank has the ability to respond to any demand for hard currency. " "Among the things that measure the successes and achievements on the basis of which are the nature of the circumstances surrounding the institution in charge of a particular work in the sense that it reveals the capabilities and potentials, and highlights the strengths and the ability to confront, To confront difficult conditions and overcome them with wisdom and with great responsibility, and did not distance himself from the financial and security challenges facing the state and the government. " The governor of the Central Bank," The entry of gangs to support the terrorist to Mosul with low oil prices, caused direct pressure on the bank in a timely manner , But the bank was able to. http://www.alsabaah.iq/ArticleShow.aspx?ID=160212
    0 replies | 89 view(s)
  • harry's Avatar
    07-20-2018, 08:12 AM
    Flexible Management of Foreign Currency 7/19/2018 Dr. Basem Brahimi, the central bank was able during this year to strengthen foreign currency reserves to more than fifty five billion dollars, this is contrary to the expectations of some international organizations two years ago, which indicated that foreign currency reserves will fall to below 30 billion dollars as a result of the financial crisis Which is presented to Iraq, and perhaps useful to mention here that the IMF is currently adopting what is known as the composite index of foreign reserves without regard to the absolute size of what exists, and by calculating this index in Iraq, it is estimated at (169%) and this confirms adequacy Foreign Reserves Yeh we have. The success of the Central Bank in the management of foreign currency and reserves was the result of a number of important steps taken by adopting a new method in the management of foreign reserves through self-management, where the bank performs the renewal of deposits and currency conversion itself according to the latest international practices in this area. The movement of the foreign currency has been pursued internally through the introduction of a new system for the series of banknotes and tracking them until they reach the exchange companies. The system has started to operate in electronic form, starting with recording the dollar sequence electronically until the final distribution of the cash categories, Ensures that the dollar does not reach the terrorist organizations listed on the OFAC list, which is one of the world's most sophisticated systems and a requirement to comply with the distribution of the dollar. In order to control the flow of foreign currency issued by the Central Bank instructions for the sale and purchase of foreign currency for the year 2017 and continued to follow the commitment of banks in quarterly terms, as well as to follow a package of administrative procedures to close the exchange rate gap, which contributed to control the sales of the dollar and stability of its price In the same context, user security applications were approved with SWIFT International for the first time, as well as work to comply with all SWIFT network users in Iraq to implement these standards according to the time limit set for them. The experience of the Central Bank in the transparent and flexible management of foreign currency reserves proved successful and this requires the support of the experiment by all of us. http://www.alsabaah.iq/ArticleShow.aspx?ID=160211
    0 replies | 72 view(s)
  • harry's Avatar
    07-20-2018, 08:05 AM
    good morning to all ds i pray that everyone will have a blessed day and enjoy its. well its friday and time to do my yard work
    446 replies | 21335 view(s)
  • ksdunlap's Avatar
    07-20-2018, 07:09 AM
    Good morning DS. Enjoy a wonderful Friday & weekend.
    446 replies | 21335 view(s)
  • Bondlady2's Avatar
    446 replies | 21335 view(s)
  • harry's Avatar
    07-19-2018, 08:09 AM
    The disclosure of new details on the retirement of parliament and the reason for delaying the Presidency of the Republic to issue the law 7/19/208 A member of the legal committee, former deputy Zana Said, said on Thursday that President Fuad Masum deliberately delayed the issuance of the law of the House of Representatives and its formations, which included the pension rights of members, pointing out that the right of the MP to buy a pension service in exchange for payment of funds to the Pension Authority. He referred to the "Iraq News" to "The Presidency of the Republic had its problems on some articles of the Law of the House of Representatives and Formations No. (13) for the year 2018, explaining that the law included articles that exclude the members of the requirements of the unified pension law for the purpose of including pension, The law strengthens the position of the House of Representatives before the Council of Ministers and devotes the independence of the legislative authority. " He added that "the inclusion in the law of some articles that exclude deputies from the requirements of the unified pension law, is to please some members of Parliament, which are not covered by the unified pension law pension parliamentary and was a solution to them in the new law, so that can be a deputy who did not exceed the service of 15 years Each month pays $ 500 thousand to the Pension Authority in order to purchase the service and access to the legal requirement 15 years of service to allow him to receive a pension from Parliament. "The second condition that has been amended is that the unified pension law requires the employee to exceed 50 years to include retirement, and therefore there are deputies did not reach this age and the new law of the House of Representatives allowed them to receive half of the pension." http://aynaliraqnews.com/index.php?aa=news&id22=101865
    0 replies | 76 view(s)
  • harry's Avatar
    07-19-2018, 08:03 AM
    Philat" new appointments in Basra will provide the government with 3 billion dinars 7/19/208 BAGHDAD - In an idea that never came to mind, an activist from the province of Basra pointed out that the government's appointments to the city, estimated at 10,000 jobs, would provide the government with more than 3 billion dinars. Activist Ali Khairi, one of the leaders of the demonstrations in Basra, told "Iraq News" that "the cost of applications for the recruitment of people, especially the young people of Basra, estimated at 500 thousand Iraqi dinars, with the price of support that must be obtained from the Council The municipal price of 2000 dinars, "explaining that" the collection of what will pay the citizen Basra estimated about 500 thousand dinars to get the appointment. " Khairi added: "The sum of 500 thousand dinars, 2000 dinars, with the collection of the amount of the amount of cloned papers in the State departments, which will be estimated at 5000 dinars," noting that "the final output will be close to 3 billion Iraqi dinars." He pointed out that "the submission of new appointments to Basra had to be done electronically to prevent corruption. http://aynaliraqnews.com/index.php?aa=news&id22=101875
    0 replies | 56 view(s)
  • harry's Avatar
    07-19-2018, 07:50 AM
    good morning to all ds i pray that everyone will have a blessed day today.
    446 replies | 21335 view(s)
  • Bondlady2's Avatar
    446 replies | 21335 view(s)
  • russell's Avatar
    446 replies | 21335 view(s)
  • ksdunlap's Avatar
    07-18-2018, 10:14 AM
    Good morning DS. Enjoy a safe & wonderful day!
    446 replies | 21335 view(s)
  • b1955's Avatar
    07-18-2018, 09:52 AM
    Happy Hump day to all!!!
    446 replies | 21335 view(s)
  • harry's Avatar
    07-18-2018, 07:52 AM
    Urgent military orders issued to all officers in Iraq 7/18/2018 BAGHDAD (Reuters) - Iraqi Prime Minister Haider al-Abadi has issued an urgent directive to all military commanders and commanders, the Baghdad daily said. The newspaper reported that it had received a document showing that "the commander-in-chief of the armed forces Haider Abadi, ordered the entry of all security forces warning (c), and was directed to join the commanders and commanders immediately at the head of their sectors, and the enrollment of all officers in their units. "In Basra, Maysan, Dhi Qar, Babil, Diwaniyah, Wasit and Karbala, demonstrations and sit-ins were held in protest against widespread unemployment and lack of services. Demonstrators in several of these provinces stormed the headquarters of local governments and attacked party headquarters with stones.Demonstrations witnessed clashes in several provinces between protesters and security forces, resulting in injuries and deaths among demonstrators. The protests culminated on Thursday, July 12, 2018, when demonstrators stormed the headquarters of oil companies in the field of Qurna, and looted and looted some coolers of the field, demanding jobs and services, while the Ministry of Oil to provide 10,000 degrees of employment on the oil sector for the people of the province. On Friday, July 13, 2018, dozens of people were injured in the clashes in Dhi Qar, where 42 people were injured, including six civilians, and Babel, where riot police fought for the first time in the city. The Iraqi Joint Operations Command announced Tuesday (July 17th) that 262 security personnel were injured during the 10-day protests in Iraqi cities and provinces. http://asrarmedia.com/%D8%B5%D8%AF%D9%88%D8%B1-%D8%A3%D9%88%D8%A7%D9%85%D8%B1-%D8%B9%D8%B3%D9%83%D8%B1%D9%8A%D8%A9-%D8%B9%D8%A7%D8%AC%D9%84%D8%A9-%D9%84%D9%83%D9%84-%D8%A7%D9%84%D8%B6%D8%A8%D8%A7%D8%B7-%D9%81%D9%8A-%D8%A7/
    0 replies | 93 view(s)
  • harry's Avatar
    07-18-2018, 07:45 AM
    Iraqi bank in Saudi Arabia to strengthen the financial structure of Baghdad 7/18/2018 Views: 57 The Saudi-Iraqi relations have entered a new phase of financial cooperation after allowing the Commercial Bank of Iraq to open a branch in the Kingdom, in a step described by a Saudi official as strengthening the Iraqi financial structure and contributing to the stability of prices in the current geopolitical situation. From Canada, Australia and Singapore. "The approval of the Iraqi Commercial Bank's license to open a branch in the Kingdom would be beneficial to the State of Iraq, the Iraqi Bank and the Saudi banking sector," Al-Sharq Al-Awsat newspaper quoted Talaat Hafez, general secretary of the Committee for Information and Banking Awareness, as saying. "The Bank's entry into the Saudi market will achieve several positive advantages for the Iraqi banking system in the first place. The Saudi banking environment is one of the best banking environments in the Arab, regional and international markets in terms of strength, robustness and diversity, Banking payment systems ". He noted that Fitch's rating of the World Bank, "ensures that the Saudi banking sector as the fourth best banking system in the world, after Canada, Australia and Singapore, means that the Iraqi banking system through the presence of the Iraqi Commercial Bank in the Saudi market will benefit from a banking financial environment with advantages This phase of globalization has brought it to this stage. " Hafez expected that the Iraqi banking system will benefit through the existence of this bank in a safe and strong banking environment in the Kingdom, to create a state of stability in the Iraqi financial and banking market, in addition to benefiting from the manpower, purchasing and consumerism, which is more than 32 million people, A vast geographical area, and the delivery of its services in the future, to different parts of the Kingdom. Hafez explained that "the emergence of Iraqi banking in the Saudi market represents one of the fruits of political understanding between the two leaderships, which strengthens relations, and strengthens the comprehensive strategic partnerships between Riyadh and Baghdad, as well as its contribution to improving the level of awareness and quality, which will contribute in one way or another to the stability of the banking system Exchange rate and counter-volatility, resulting from turbulence in the region. " "There are currently 26 licenses for banks operating in the Kingdom market, of which 12 are Saudi banks, the rest are non-Saudi banks. Thus, the existence of the Commercial Bank of Iraq, alongside these banks, provides a range of options from banks in terms of providing the best service to the client, Package of banks in terms of prices, services and products. " http://alrassid.org/news.php?NewsID=27598
    0 replies | 86 view(s)
  • harry's Avatar
    07-18-2018, 07:32 AM
    Former Deputy: no sovereignty for Iraq7/18/2018 Baghdad/Iraq News Network-regarded former Deputy wholesale Obeidi, Wednesday, NATO's efforts to create military bases in several regions of the country, a new cover for the survival of us combat troops, while the Government described as lukewarm on the foreign presence and the establishment of military bases. Al-Obaidi said at a news briefing today that "discussions between the Federal Government and NATO forces on the establishment of military bases came cover to impose dominance of Washington and American combat troops to stay in the country," a sign that "the Government's remarks on the foreign military bases and survival American forces are insincere and subject to external pressure. "she added that" us forces continued military presence in the country because of poor government decision and subject to pressure ", stating that" many political interests caused by imposing American military presence and not making a decision strictly on the Get them out. " http://aliraqnews.com/%D9%86%D8%A7%D8%A6%D8%A8-%D8%B3%D8%A7%D8%A8%D9%82-%D9%84%D8%A7%D8%AA%D9%88%D8%AC%D8%AF-%D8%B3%D9%8A%D8%A7%D8%AF%D8%A9-%D9%84%D9%84%D8%B9%D8%B1%D8%A7%D9%82/
    0 replies | 59 view(s)
  • harry's Avatar
    07-18-2018, 07:22 AM
    Capital movement7/18/2018 Haidar Kazem al-Baghdadi Money is the key to the banking sector, which is the cornerstone of the economic development process adopted by global economies around the globe. The activation of the movement of money in Iraq is a necessity for the resulting direct and indirect benefits to all sectors, hence the importance of the movement of capital within the domestic banking system, which would prefer to be a capital cycle within the country. When the Council of Ministers decides to spend 40 percent of the dues of the contractors, he sent hope to the banking sector to activate the financial activity within the financial institutions, which represent the movement of money. This ratio extends beyond the banking system. It strengthens the confidence between the government and the private sector effort of "companies or contractors", which is of great benefit to the national economy, especially after the task of managing the national economy to the private sector. Strengthening the market with new capital that strengthens the working reality and moves the local markets into a new stage of activity that requires him to communicate with the advanced financial products needed by the field of work and international companies, which requires large financial movements through sophisticated banking products. The entitlements of contractors in case of disbursement will work to develop the reality of the economy, where the private sector will move towards the implementation of new projects benefiting from the capital, which entered the market and moved joints, and dealt with many problems suffered by the field of local work. And when we talk about attracting money buried in homes, we are talking about a large financial bloc change the reality of the movement of money inside Iraq, especially as estimates of experts and stakeholders confirm the existence of more than 85 percent of the size of the Iraqi currency is confined to homes. The movement of the bloc in the direction of the banking sector is necessary and leads to the creation of a banking sector developed, through competition in the field of work, which in all cases serve the national economy, after the expansion of financial transactions and the introduction of advanced systems provide services to beneficiaries in all regions of Iraq without exception . The country needs to activate the movement of capital to move the labor market and create a state of competition between our banks in the provision of services and thus have created a banking sector competing with regional banks at the very least. http://www.alsabaah.iq/ArticleShow.aspx?ID=160155
    0 replies | 74 view(s)
  • harry's Avatar
    07-18-2018, 07:10 AM
    good morning to all ds i pray that everyone will have a blessed day and enjoy its.
    446 replies | 21335 view(s)
  • Bondlady2's Avatar
    446 replies | 21335 view(s)
  • harry's Avatar
    07-17-2018, 07:54 AM
    Iraq reveals its financial position 7/17/2018 Revealed a senior government adviser to the Prime Minister, Haider Abadi, on the situation of Iraq from the financial crisis and foreign debt and loans. The economic adviser to the Prime Minister, the appearance of Mohammed Saleh, in a press statement today, "The government was able to overcome the financial crisis and the problems of deficit and debt and external borrowing and local control." He explained that "Iraq exceeded its financial crisis through the financial flows to the budget of 2018 achieved by the rise in oil prices in global markets, which amounted to $ 64 per barrel," stressing that "global oil prices are going up." Saleh pointed out that "the problems of deficit, borrowing and borrowing have become the past because of high oil prices," pointing out that "the situation has become more comfortable compared to the past months, which gave the government the power to overcome the financial crisis suffocating." He stressed that "the implementation of some needs became more flexible than the past years by the financial flow in oil exports," noting, "If the parliament was present, the government sent a supplementary budget includes high oil prices for approval." He explained that "the surplus achieved in the current budget can not be manipulated, because it is not guaranteed in the draft budget law and will be recycled in the next budget on the grounds that the parliament ended its current session can not send a supplementary budget for approval. The financial adviser said that "in the event of a new parliament during the next two months could be sent the supplementary budget law for approval so that the new government to spend money on some projects due and stalled." "It is not possible to talk about the figures of this surplus and the surplus achieved in this year's budget until after the end of the current fiscal year," Saleh said. He pointed out that "Iraq exceeded the so-called point of parity in which the federal budget in the case of balance-free deficit after the price of oil barrel to more than $ 60," stressing that "the financial abundance achieved in the past year." He added that "there are funds owed to the Iraqi government as salaries to employees and retirees and social welfare and the payment of debt and investment project expenses amounting to a monthly to seven or six trillion dinars," stressing that "these amounts will be cut from the monthly oil sales of up to 9 trillion," noting that "The remainder of these amounts will be carried over to the coming months." As for the debts of the Iraqi government, the economic adviser says that "one third of Iraq's debt is subject to the debts of Paris Club, which has not been settled," noting that "these debts are mostly sovereign debt belonging to some of the Gulf states." http://www.alliraqnews.com/modules/news/article.php?storyid=75922
    0 replies | 101 view(s)
  • harry's Avatar
    07-17-2018, 07:39 AM
    Conscious / Integrity: The arrest of officials in the health of Anbar and the recovery of 6 billion dinars 7/17/2018 The Integrity Commission on Tuesday announced the arrest of officials in the province of Anbar and the recovery of 6 billion dinars, noting that the amounts that were manipulated are deductions from the salaries of staff of the Department of Health allocated to support the popular mobilization and relief of the displaced. A statement issued by the Department of Investigation in the Authority received by the Iraqi News Agency ( INA ) that "the total control operations carried out in the Department of Health of Anbar province, led to the return of more than (6 billion) six billion dinars to the state treasury, and the arrest of a number of officials in the Department Health and Rafidain Bank in the province, "indicating that" the origin of (five instruments) in Rafidain Bank - Anbar branch issued by the Department of Health in the province, which changed the address of the beneficiary in the documents of exchange and the instruments of instruments. "The documents were released to Rafidain Bank - Al Anbar branch - as deductions for the popular crowd and displaced people, but the director of health department accounts and his assistant changed them by canceling them so that the amounts of the sukuk could be received in cash," she said, pointing out that " And the instruments of the instruments in the accounts of the Department of Health ". "The arrest of the Director General of Al-Rafidain Bank - Anbar Branch and the Director of the Anbar Health Department and a number of the Department's employees was carried out on the basis of judicial arrest warrants. A record of the seizure of the assets was carried out with the arrested detainees, Pending investigation ". http://al-iraqnews.com/news/newwss/local-news/230777-%D9%88%D8%A7%D8%B9-%D8%A7%D9%84%D9%86%D8%B2%D8%A7%D9%87%D8%A9-%D8%A7%D8%B9%D8%AA%D9%82%D8%A7%D9%84-%D9%85%D8%B3%D8%A4%D9%88%D9%84%D9%8A%D9%86-%D9%81%D9%8A-%D8%B5%D8%AD%D8%A9-%D8%A7%D9%84%D8%A7%D9%86%D8%A8%D8%A7%D8%B1-%D9%88%D8%A7%D8%B3%D8%AA%D8%B1%D8%AC%D8%A7%D8%B9-6-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AF%D9%8A%D9%86%D8%A7%D8%B1.html
    0 replies | 75 view(s)
  • harry's Avatar
    07-17-2018, 07:30 AM
    JI: no Government can declare a State of emergency.7/17/2018 Erbil/Iraq News Network-confirmed leadership in JI, Zana, said Tuesday that the Government cannot declare a State of emergency in the country without Parliament, contending that the Government now "delight and move pleases" FSB for lack of a Parliament. said in a recent press release him today, " Current cannot without Parliament declare a State of emergency in the country, because the Iraqi Constitution stressed that the regime in Iraq is a parliamentary Republic system. "and that" in the absence of Parliament, there will be a glitch in the system that the present Government Republican FSB and could override their powers The Prime Minister can extend the Parliament's absence to himself and no one can hold the head of Government in the absence of legislative authority that there are concerns over political stability in the country. "he stressed that" Iraqi Constitution did not stipulate the emergency law is unconstitutional and declare a State of emergency law in Parliament and must be If the law passes vote 165 lawmakers any normal majority. "he is happy that" Government in the event of a crisis in the country as it did in southern Iraq demonstrations now its powers are limited to only the warning announcement of troops without enabling it to declare a State of emergency. "he continued, that "The Government may now delight in the absence of Parliament because there is no watching her work and move pleases." http://aliraqnews.com/%D8%A7%D9%84%D8%AC%D9%85%D8%A7%D8%B9%D8%A9-%D8%A7%D9%84%D8%A5%D8%B3%D9%84%D8%A7%D9%85%D9%8A%D8%A9%D9%84%D8%A7-%D9%8A%D9%85%D9%83%D9%86-%D9%84%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%A5%D8%B9%D9%84/
    0 replies | 61 view(s)
  • harry's Avatar
    07-17-2018, 07:24 AM
    Change is asking the United Nations to put Iraq under International Trusteeship7/17/2018 Sulaymaniyah/Iraq News Network-a student member of the Kurdish change block, hoshiar Abdollah, Tuesday, United Nations including Iraq Kurdistan under guardianship internationalist. Allah said in a statement: "while endorsing and supporting protesters in provinces of Iraq all pizzicato Their hands in their demand for corrupt political class failed their legitimate rights, and assure the Iraqi Street to the ruling political class in Iraq including Kurdistan utterly incapable of applying any move towards improving living conditions and services for citizens and legitimate demands in life Dignity as peoples of the world. "explained Abdullah that" the only solution to improving the living conditions and health and social service lies in the departure of the ruling political class and influential parties in Iraq including Kurdistan, they derived their legitimacy from the elections and wants to stay in power Judged by any means and at what cost, in case her staying there would be no solution in sight. "he noted that" living situation in the region is no less worse than it is in Baghdad and the southern provinces, since there are no salaries in the region over the past four years and there's turmoil in the street, and all the reasons That led to the uprising of the South are present in the territory also provinces, but there are repressive police authority in the territory govern people with fire and iron. "he called Abdullah the United Nations to intervene and put an end to the ruling political class in Iraq and dealing with unarmed demonstrators in oppressive "Stressing" the need to internationalize Iraq Administration file and placed under guardianship, because there's no hope of getting Iraqi citizens on the most basic rights in this country rich and full of riches and the workbook at the same time it's worse globally in all aspects, especially after repeated the same old faces. Trying to form a larger bloc to stay roosting on the issuance of Iraqis over the next four years, "as he put it. http://aliraqnews.com/%D8%A7%D9%84%D8%AA%D8%BA%D9%8A%D9%8A%D8%B1-%D8%AA%D8%B7%D8%A7%D9%84%D8%A8-%D8%A7%D9%84%D8%A3%D9%85%D9%85-%D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9-%D8%A8%D9%88%D8%B6%D8%B9-%D8%A7%D9%84%D8%B9%D8%B1/
    0 replies | 71 view(s)
More Activity