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  • HotRod's Avatar
    Yesterday, 02:42 PM
    Sound like a No Brainer to me. Pick option 2, RV the Dinar at a 1:1 with the USD (or better) and problem solved... Thanks harry
    1 replies | 66 view(s)
  • harry's Avatar
    Yesterday, 09:43 AM
    Iraq ranks 108th in world per capita income in 2018 12/10/2018 Iraq ranked 108th in the world and 10 of the 122 countries in the ranking of countries globally in terms of per capita income of GDP per dollar annually, while Qatar ranked first in the world and Morocco ranked the world ranking 122. In its annual report published on 10 December 2018, NAS reported that Iraq ranked 108th in the world and tenth among the 122 countries in the ranking of countries according to the per capita GDP of the US dollar this year, with a gross output of 7,391 " . "Qatar ranked first in the world, with an output of $ 98,814 per person per year, ahead of Luxemburg, which came second with 78,670 and Singapore ranked third with 64,584. The classification shows that "Kuwait is the second Arab and 17 globally, with a local output of 39,706, while Morocco was ranked the Arab and world ranking in the 122nd place, with a local output of 5,456. https://www.nasnews.com/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%8A%D8%AD%D8%AA%D9%84-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2-108-%D9%81%D9%8A-%D9%85%D8%B9%D8%AF%D9%84-%D8%AF%D8%AE%D9%84-%D8%A7%D9%84%D9%81%D8%B1%D8%AF-%D8%B9/
    0 replies | 52 view(s)
  • harry's Avatar
    Yesterday, 09:35 AM
    Iraq faces thorny files with half a government 12/10/2018 A year after the declaration of Iraq "victory" on the organization is urging the country itself today is blown by the political competition, which neglected in the days of war, and in front of several challenges not the latest deficit in social solutions and agreement on a government, according to experts. "Nearly 40 years ago, Iraq was known only for war, from the war with Iran (1980-1988) to the invasion of Kuwait and its aftermath (1990-1991) through the international embargo and the US invasion of the country (2003)," the report said. 2011), leading up to the civil war and then the entry of an organization and its control and control of nearly one third of the area of ​​Iraq in 2014.Three years of bloody war ended last December, with Baghdad declaring victory over extremist organization and defeating it from the country. "This is not the first time that Iraq has won a military victory. There are several tasks already accomplished, but the most challenging victory today is political victory, which has long been postponed," says Shatham House researcher Renad Mansour. "Nobody was really ready to find a political solution, they were treating the symptoms, not the roots of the problem," Mansour said.On the day of "victory," Iraq entered the post-jihadist era. The country witnessed legislative elections last May marred by doubts and challenges, and ended with a manual recount that produced a new parliament that was absent from the majority. And here came the hour of politics, "which is the root of the problem, and quotas and Tgnem career under the name of party rivalry," according to an analyst told the Iraqi political analyst Jassem Hanoun.Since then, "Iraq continues to live in a period of transition, political instability and a lack of clear vision for the country's administration," Hanoun adds. - Half a government between resignation or "close solution"? -Five months after the election, Adel Abdul Mahdi was appointed to form a government before the beginning of November. But the new prime minister, who is one of the country's rare consensus figures and is under pressure from the United States and Iran, has been able to present only 14 cabinet ministers because he has faced opposition from several members of parliament to some of his candidates, especially the main internal and defense portfolios. A source close to the government told Agence France-Presse that there is "a solution soon because it is about the liquidation of political accounts rather than a transitional period."But the challenges do not stand at the hurdle of forming a government. Today, the prime minister faces an enormous challenge in rebuilding a country devastated by battles to expel an oppressive organization from the north and west of the country over three years. About 2 million people displaced"After the victory over a preacher, people were looking for a better life, there was hope," Mansour said. "Today they are asking themselves whether this political elite is capable or even ready to deal with the roots of the problem."The situation remained the same in areas liberated more than a year ago. No plan has been put in place for the return of the displaced or for the reconstruction of the affected areas, despite a major donor conference in Kuwait last February. To date, "more than 1.8 million Iraqis are displaced throughout the country, and about 8 million people need humanitarian assistance," according to a report by the Norwegian Refugee Council. More than half of the displaced have been damaged or destroyed, including in cities still under the rubble, such as Mosul and Sinjar Baghdad's authorities will also have to deal with the effects of protests, which have escalated and sometimes seen violence, in a country ranked 12th among the most corrupt countries in the world to demand public services, including unemployment and electricity. Iraq is currently negotiating with US companies GE and Siemens to restore power grid, which will be affected by US sanctions on Tehran, the main supplier, despite the US grace period for Iraq. "Yes, the time of war is over, and the next summer will be detailed for Abdul Mahdi," Mansour said. "People's war against the regime"All of this does not negate the fact that Iraq is experiencing a marked decline in violence compared to a year ago. Last November, Iraq witnessed the lowest number of civilian casualties in six years of violence in Iraq, according to the United Nations, and less than half the number of victims in the same month in 2017. But the continued fall of the victims shows that despite their defeat, the Da'id organization is still capable of launching attacks from their hideouts along the Iraqi-Syrian border. For example, the number of attacks in the province of Kirkuk doubled between 2017 and 2018, according to a report by the Center for Strategic and International Studies (CSIS), which indicates a decrease in the number of attacks against civilians and their rise against government and security institutions. But today's observers warn of another danger: the outbreak of an internal war between the major parties controlling the political scene, which was under one banner yesterday under the name of the popular mobilization forces and contributed significantly to defeating an oppressive organization. "Everything is expected today because of disagreements between the parties," he said, fearing that the country would witness "a Shiite-Shiite confrontation that could be the alternative disaster. "The source close to the government refutes this theory, saying "the fears are unfounded. There have been several opportunities for escalation and violence, but the armed groups have shown great discipline, especially as they are part of the government establishment. ""There is certainly conflict within the Shiite camp, but we will not see a militia war against another," Mansour said."I think the next war will be the people's war against the whole regime, not against anyone." https://www.nasnews.com/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%8A%D9%88%D8%A7%D8%AC%D9%87-%D9%85%D9%84%D9%81%D8%A7%D8%AA-%D8%B4%D8%A7%D8%A6%D9%83%D8%A9-%D8%A8%D9%86%D8%B5%D9%81-%D8%AD%D9%83%D9%88%D9%85%D8%A9/
    0 replies | 52 view(s)
  • harry's Avatar
    Yesterday, 09:17 AM
    The crisis of "Dinar Alalak" pushing Iraq to open the files of currency bleeding and corruption exchange licenses 10/10/2018 For the third day in a row, the crisis of what is popularly known as "Dinars Al-Aalak" continues after the issuance of the new version of the Iraqi currency categories 250 and 500 dinars and 1000 dinars and the name of the Governor of the Central Bank acting Ali Muhsin Al-Alaq, which is contrary to the law that restricts the signature through the words of the Governor of the Central Bank or Signing above the words governor only. The new "Arab" received information from informed sources, confirming that the Iraqi parliament will discuss, Thursday, during its scheduled morning the crisis of the new currency , while calling for deputies of the Sadrist movement and the Communist Party and the Axis Alliance to open the file of the Central Bank of Iraq fully and investigate charges The bleeding of the hard currency and the selectivity of the bank in granting work permits to exchange and transfer companies, and procedures for the sale of the dollar, as well as the reason for the survival of the post of governor by proxy. An official in the legal department in the Iraqi parliament for "the new Arab", it is scheduled to be opened these files during today's session, and in case of any circumstances or lack of completion of discussions will be completed the next session on the requests submitted to the President of Parliament by deputies. The parliamentary official, who declined to be named, that the repercussions of the crisis put the central bank governor on the currency in contrast to the Iraqi law sparked a wide debate on the street, which led to the direction of Parliament to open the file of the bank as a whole. The governor of the current bank is a member of the Islamic Dawa Party led by Nuri al-Maliki, and took the post of acting governor in 2014 and was before Secretary General of the Iraqi Council of Ministers during the first and second Maliki. The issuance of the new Iraqi currency within the treatments of the crisis of cash and the damage of small currencies in the category of 250 dinars and 500 and 1000 dinars, and carried the new currencies, another change sparked a controversy, raising the verse "Say Allah is one" for the Iraqi currency, which is a tradition since the Abbasid state in Baghdad and until today , And was replaced by a painting of the marshes of southern Iraq, which are natural water bodies listed on the World Heritage List recently. Official in The Central Bank of Iraq confirmed to the "new Arab" that what has been offered from the banknotes actually in the market during the past days through government and private banks amounted to about 7 billion dinars, and there are about 40 billion more ready to put in the market gradually during the coming period all bear the name And there are other sums that will reach Iraq, also printed in Switzerland. The official, who declined to be named, added that another huge amount of the new currency was due to drop to the Iraqi market in early November, but there are doubts about this possibility because of strong opposition by parliament and demands to withdraw what was removed to the market immediately. For its part, the Central Bank of Iraq issued a statement saying that "the bank has the right under the regulations to determine the categories of currency and metals, paper and its dimensions, forms, material, content, weight, design and other features. He stressed that "the banknotes in various countries contain the signature of the issuing authority, which is the governor of the Central Bank. Some of them put the signature of the governor on his name, including the person who puts the signature without a name. The central bank cited the dinar currency issued in 1932, pointing out that this approach is adopted by the central banks of Egypt, Saudi Arabia, UAE, Lebanon, Turkey and others, so the Central Bank of Iraq decided to include the name of the governor when reprinting or issuing any cash, The trends found in the signature alone lack the significance required by the word (governor) on the banknote. While the move was considered a political propaganda for the governor of the Central Bank by proxy, members of the Iraqi parliament for the "new Arab" that the step indicates the weakness of institutions in the country to the extent that the government and parliament not aware of the new model of the currency only after it was issued. A member of the Iraqi parliament , Asaad al - Abadi's "new Arab", " The Governor of the Central Bank violated the law twice the first put his name on the new Iraqi currency, and the second that the law requires the bank to notify the Ministr of finance , the legislative, executive and regulatory institutions , such a move as stipulated in articles 32 And 33 of the law of the Central Bank of Iraq for 2004, so this error must be addressed, and is currently being developed frameworks and axes to open the case and discussed in the parliament and take decisions On the part of the member of the Interim Finance Committee in the Iraqi parliament Alia Nassif, the "new Arab", that "there Law The governor and the central bank must be adhered to and there is no provision in the law indicates that the name of the governor may be added to the currency in addition to signing. "Therefore I wish that the Governor of the Central Bank would not go in this direction because the perpetuation of the name shall be the work and the disengagement of the Central Bank of the existing pollutants either in the currency or the opening of private (private) banks absurdly ... These are the acts that perpetuate and not the name in the banknote, Nassif. for his part, MP said the national coalition Raad Aldhlki, for "new Arab", he said that if there were a real state of institutions there was a transparent debate on this subject with specialists in this field in order not to fall into these obstacles which we hope will not be negative repercussions on the people Iraqi and not be paid for through the worsening ofliving. Aldhlki explained that " The Iraqi parliament will issue a clear and explicit decision by themeeting, on Thursday, what he sees fit to contain this and treat. " Meanwhile, the Iraqi financial expert said Ahmed al - Hamdani for" new Arab " Al-Hamdani pointed out that the Iraqi currency is printed in Switzerland and the state costs large amounts in hard currency and can be considered as a net now because withdrawing or destroying it means losing large amounts of money to Iraq, but at the same time the central bank governor and its board should be held accountable not only for the currency but also for charges and defaults Many people talk about, from specialists and observers since the transformation of one of the most important positions in the Iraqi state from the position of Mali to another political, according to his saying. https://www.alaraby.co.uk/economy/2018/10/10/%D8%A3%D8%B2%D9%85%D8%A9-%D8%AF%D9%86%D8%A7%D9%86%D9%8A%D8%B1-%D8%A7%D9%84%D8%B9%D9%84%D8%A7%D9%82-%D8%AA%D8%AF%D9%81%D8%B9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%84%D9%81%D8%AA%D8%AD-%D9%85%D9%84%D9%81%D8%A7%D8%AA-%D9%86%D8%B2%D9%8A%D9%81-%D8%A7%D9%84%D8%B9%D9%85%D9%84%D8%A9
    0 replies | 52 view(s)
  • harry's Avatar
    Yesterday, 09:03 AM
    The Central Bank warns of the repercussions of dependence on oil 12/10/2018 The Governor of the Central Bank of Iraq Ali Al-Alaq said that the bank is facing challenges due to financial policies, stressing during the session of the "relationship between the financial and monetary policies," which was held within the activities of the fourth annual conference of the bank on Monday, the widening gap between the non-oil revenues that do not Covering only 10 per cent of expenditures, and relying on oil resources to cover the remaining expenditures, has put the country in trouble as oil prices have declined in recent years. He added that this heavy reliance on oil increases the risk ratios and increases the pressure on the central bank to cover the gap, noting that oil revenues fell about 70 per cent, while the government reduced about 20 per cent of its expenses, to compensate for this reduction. He pointed out that these problems led to two options, either the sacrifice of the central bank part of its reserves of foreign exchange , while the second option to make changes in the exchange rate, a move that harm the citizens and increase the richness of the rich and the impoverishment of low-income, stressing that the relationship between the two policies Finance and cash are a real challenge for the central bank. The bank maintains a high level of foreign reserves and continues its efforts to stabilize the local currency, control inflation and increase economic growth in the country. He pointed to the widening of the volume of non-performing loans in Iraq to reach 6 trillion dinars out of 37 trillion dinars, which is the total volume of loans, stressing that banks cut 2.5 trillion dinars of profits or 16% of capital to cover this problem, calling for the need to strengthen the rule of law To face the phenomenon of non-performing loans. He referred to the initiatives launched by the Central Bank, including the "industrial, agricultural and industrial lending initiative of 5 trillion dinars, as well as the initiative of financing small projects by a trillion and a half through private and public banks, the largest in the history of Iraq." https://www.alaraby.co.uk/economy/2018/12/10/%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%D8%AD%D8%B0%D8%B1-%D9%85%D9%86-%D8%AA%D8%AF%D8%A7%D8%B9%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D8%A7%D8%B9%D8%AA%D9%85%D8%A7%D8%AF-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D9%86%D9%81%D8%B7
    1 replies | 66 view(s)
  • harry's Avatar
    Yesterday, 08:39 AM
    Member of the parliamentary finance announces the submission of 50 notes to the government on the budget 12/10/2018 A member of the parliamentary finance committee Ahmed al-Saffar, on Monday, the Committee submitted fifty observations to the government on the federal budget for the next fiscal year, while referring to the most prominent observations made by the Committee, including the change of the distribution system of the current budget from the balance of items to a sectoral budget. Al-Saffar said in an interview with Alsumaria News that "the parliamentary finance committee provided 50 observations to the government on the budget to be consistent with the current government program," noting that "was supposed to be held last Monday to resolve the discussions, but the government decided to postpone the meeting until completion Vision and changes around the observations made by us. " Member of parliamentary finance: He added that all the observations made by us were important and necessary, including that the budget was built on the price of an excessive barrel of oil, and the deficit was very large, and there is chaos in the item of loans and the lack of justice in the distribution of allocations between the provinces, "pointing to" The existence of provinces have been subjected to destruction and destruction and need to build and reform currently Kalanbar, Nineveh, Salah al-Din and Basra, which is experiencing difficult conditions, although it provides most of the budget imports, where we asked to reconsider the allocation of allocations according to priorities. Al-Saffar pointed out that "we even partially demanded that the distribution system be changed by the current budget from the balance of the items to a sectoral budget. We also called for focusing on the investment budget that addresses the suffering of the people from providing jobs, infrastructure, health and education." The House of Representatives discussed in its session held Tuesday, November 12 , 2018 federal budget for fiscal year 2018 in the presence of Finance Minister Fouad Hussein . https://alsumaria.tv/news/254788/%D8%B9%D8%B6%D9%88-%D8%A8%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86%D9%8A%D8%A9-%D9%8A%D8%B9%D9%84%D9%86-%D8%AA%D9%82%D8%AF%D9%8A%D9%85-50-%D9%85%D9%84%D8%A7%D8%AD%D8%B8%D8%A9-%D8%A7%D9%84%D9%89-%D8%A7/ar
    0 replies | 53 view(s)
  • harry's Avatar
    Yesterday, 08:25 AM
    good morning to all ds i pray that everyone will have a blessed day and enjoy its, thanks KSD
    835 replies | 48898 view(s)
  • ksdunlap's Avatar
    Yesterday, 07:24 AM
    Good morning DS. Harry congratulations on getting a deer. Bondlady2 I finished my gift buying yesterday. You & tudor making all the sweets is sure making me think I might have to make some also. I hope everyone has a wonderful & safe day.
    835 replies | 48898 view(s)
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