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
    1 replies | 46 view(s)
  • harry's Avatar
    Today, 06:24 PM
    Parliament paves the way for the return of "Big Three" and the elimination challenge the membership of 7 deputies 08/30/2015 (21:01 pm) Baghdad / Mohammad Sabah Now the return of Deputy President of the Republic article Nuri al-Maliki to parliament a matter of time after arrangements and understandings that have been preparation within the corridors of the House of Representatives during the last few days. And it raised the issue of lack of width of the Federal Court decision which requires the Presidency of the Council of Representatives to cancel the membership replacements vice president sacked questions and doubts about the delay . Attributed the Presidency of the Council of Representatives the reasons for the delayed presentation of appeals, which she received from the Court, within the proceedings to the lack of a legal completeness, asserting that al-Maliki and Allawi and Mutlaq Najafi Srddon section soon. He says MP Riad Ghali, a member of the Liberal bloc's (long) that "there objectors filed objections to the robbed of parliamentary seats by some quarters to the Federal Court, which decided on the validity of their appeals and sent to the Presidency of the Council of Representatives for a long time. "He added Ghali said" Parliament the names of these names was not presented to be able to get to their seats ", speaking of" the existence of procrastination in not display the names of Some MPs who divested other candidates seats. "He said the Liberal bloc member that" the Constitution and the law gives Congress the President and the ministers, who were dismissed, as well as ministers, who threw their ministries were merged together, to return again to the Parliament in the event of the survival of their seats vacant or resignation alternates. "reveals MP Riad Ghali for" the existence of arrangements take place in the House of Representatives for the return of Vice President Nuri al-Maliki to fill his parliamentary seat in addition to the other characters in order to get legal immunity. "The attention of the Attorney-Sadr that" lift the immunity of the House of Representatives is difficult, hampering the introduction of any deputy to justice in order to hold him accountable for the charges against him ", calling on the President of the House of Representatives to" show the Federal Court decision immediately and not wait too long. "He said MP Riad Ghali that" the President of the House of Representatives did not sign the resignation of Hassan Sinead, though the existence of a decision of the Federal Court is required to expel Sinead and give the seat to someone else. "confirms Ghali that" this stall of the Speaker of Parliament and not his signature on the resignation of Hassan Sinead is a prelude to the return of Nuri al-Maliki to parliament for legal immunity that would prevent held accountable for the charges brought against him on the fall of Mosul. "He noted the Sadrist lawmaker to" the presence of seven deputies of the Federal Court ruled not to the health of their membership, including Hassan Sinead, and Leila Khafaji and Mohammed al-Shammari, and full-Zaidi, and Hussein Sharifi ", asking, saying," Why delayed Presidency of the Council of Representatives introduced a formality these names in the House of Representatives in order to then ratified by the Federal Court on them new deputies. "confirm Presidency of the Council of Representatives to delay presentation of the Federal Court decisions due to non-arrival of these decisions one package to the House of Representatives. explains Imad Youkhana, the House of Representatives decision in a statement to (long), that the" Council Parliament is committed to the application of the Federal Court which is unqualified decisions will be launched soon in the parliament session nominally these names to gain their seats by virtue of the Constitution and the law decisions. "said Youkhana that" there are political figures benefited from the presence of these objections, which kept their seats vacant, which will allow them to return back to the House of Representatives deputy head of the article Republic Nuri al-Maliki. "He noted the House of Representatives decision that" al-Maliki, a seat he held Hassan Sinead, who gave one of the members of the state law, an appeal to the health of its membership in the Federal Court ", noting that" lack of legal procedures for the candidate Interceptor completion would give Maliki the chance to return to Parliament through the provision of Sinead his resignation. "He continues, MP Imad Youkhana that the" Presidency of the Council of Representatives will determine a specific meeting of the al-Maliki, echoing section as deputy in the parliament ", pointing out that" al-Mutlaq and Allawi return and Najafi are being talked about but measures in this regard does not exist ", alluding to The "Almtokd of his return is the only al-Maliki." http://www.almadapaper.net/ar/news/494689/%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D9%85%D9%87%D8%AF-%D8%A7%D9%84%D8%B7%D8%B1%D9%8A%D9%82-%D9%84%D8%B9%D9%88%D8%AF%D8%A9-%D8%A7%D9%84%D8%AB%D9%84%D8%A7%D8%AB%D8%A9-%D8%A7%D9%84%D9%83%D8%A8%D8%A7
    1 replies | 46 view(s)
  • harry's Avatar
    Today, 06:08 PM
    Daash pulling the dollar from Mosul markets marked the launch of the Golden Danarh Nineveh - Iraq Press - 30 August / August: looked Daash organization to withdraw the US dollar markets of the city of Mosul in a preparatory step to launch the Golden Danarh, according to local residents. He informed the organization of the people of Mosul, on Sunday, through mosques and loudspeakers that the next few days will witness the organization to withdraw all the cash in the governorate of Nineveh, which has taken the state of him. And it will be limited cash trading on the gold dinar to be spent and distributed to banks Daash which was inaugurated in the city of Mosul . According to the rumors among the city's population . He said one of the owners of exchange offices in the city of Mosul on condition of anonymity: "The organization of Daash began today to withdraw the dollar of all exchange offices, and confirmed its elements for the owners of offices that the next few days will witness the organization regardless Gold Dinar across four banks opened in Mosul will be traded" . He warned members of the organization are not trading this category of citizens or to insist on trading Iraqi dinar, which deprived him Daash the people of Mosul. The calculation body or what is known as the house of money in organizing Daash: "Next month will be a date for the start of the gold dinar in the state of Nineveh". http://www.iraqpressagency.com/?p=156615&lang=ar
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  • harry's Avatar
    Today, 06:00 PM
    James Baldwin: check the policy of reform and economic stability 8/31/2015 0:00 BAGHDAD - Imad emirate, said an economic expert d. Wafa James Baldwin: The economic reform process that requires the restructuring of the economy on the medium and long-term ranges of time, dependent on declining role of the state in economic life to the lowest possible point. She said in an interview for »Sabah» that means expanding the application of the privatization program to include most government projects, as well as to make the market standards and mechanisms of the foundation in the allocation of economic resources will require the selection of investment opportunities that have high revenue, which will accelerate the growth rates among the productive sectors towards incentives for structural change. And it showed: this response vary depending on the level of economic development and the effectiveness of the market in the allocation of resources more advanced stages of development and growth increased market power effects in the allocation of resources, noting that the slowdown or acceleration in structural changes of the economies of the trans does not depend on the local implications only, but shared by the external implications, including conducting those economies to equilibrium conditions. public spending James Baldwin pointed out that this ideal situation can not be found in the application because of internal restrictions and other external contributing to imbalances and generate side effects is desired, the policies of the application, which seeks to reduce public spending and reducing aggregate demand and the resulting management from an increase in the unemployment rate and poverty makes it difficult to stimulate the supply economics. It continued: If the question of production efficiency to be achieved as a result of structural changes will enable the export rate of increase, assuming flexible production system and its ability to achieve the increase in exports, but the downturn will happen in the short term by the activation of demand measures will slow down the domestic supply of goods and services, causing an imbalance between the effectiveness of demand management and enablers oversupply, Veptad economy on the state of balance and this inevitably will result in a result, a decline in the ability to provide basic needs and the increasing incidence of poverty and misery in society and in the short term at least, . overcome the negatives and I followed d. James Baldwin, but many of the options began to impose themselves and strongly toward cons exceeded this point emphasized by the World Bank in particular, and perhaps the expansion of privatization and total liberalization of foreign trade applications in order to reach a convergence of the relative relations of prices in the local market with their counterparts in the global market is of the most prominent options that will enable the economies of transition countries from the face of internal and external shocks efficiently. And it went on by saying aiming reform policy to achieve economic stability at the macro level and in the short term through a package capable of containing internal and external, and particularly economic imbalances administration policies with deflationary and rapid effects of aggregate demand towards reducing the overall level of demand policies interaction and through the interaction of each of the fiscal policy and nutrition and exchange rate policy and the recent This occupies the first place in terms of the effectiveness effect in achieving the goal of stability to this stage. privatization programs and concluded that the beginnings of this stage we impose the adoption of a fixed exchange rate unified policy is linked to the process of President as dollar or the mark in order to rein in inflation, which took rates increasing because of the liberalization of prices, as well as his role in organizing Alasaralhakiqih paid to direct producers, in addition to the organization of the real value of salaries, and in the fact that the significant decline in the value of the currency because of high prices would lead to a significant decline in real revenue paving of the state to roll out privatization programs but on a small scale and unconditional. http://alsabaah.iq/ArticleShow.aspx?ID=99111
    0 replies | 29 view(s)
  • harry's Avatar
    Today, 05:54 PM
    Central initiative need to re-allocate the funding 8/31/2015 0:00 BAGHDAD - Hussein Tgb The special economic circumstances experienced by Iraq, because of falling world oil prices and the war on terrorism has made ​​the Iraqi economy suffers from additional problems on the previous problems highlighted by the financial crisis form the public and the crisis of liquidity special form which ails government and private banks currently. Financial expert Samir Alnasiri He said that the Iraqi economy needs to be repaired and corrected its tracks trends that help to build a real introductions to move to the economy of the market. He described Alnasiri in an interview for «morning» the intervention of the Central Bank of Iraq to »sense» in liquidity support to the government specialized banks (real estate, industrial and agricultural) to allocate amount (5 trillion dinars) and private banks in the amount of (trillion dinars) was attached to it banks own and in cooperation and coordination with the private launch program initiative Association of Banks (the financing of small and medium enterprises) and the issuance of executive instructions for banks to work out. He pointed out that this step aims to achieve economic development sustainable and supporting and financing small and medium enterprises and the reduction of unemployment for young graduates producers within the work and people with occupational and professional and technical skills with the ability to establish and manage product project in economic sectors age (agriculture, industry, housing, trade, tourism and health). Alnasiri said that activate the implementation of this project mechanisms needed to a series of rapid procedures in cooperation and coordination with the banks and to ensure a successful mechanism for the implementation of the project and its success and development in order to achieve the central objective of it. He proposed to take action and ensure operational requirements, most notably giving the role of the Iraqi Company for the financing of small and medium enterprises existing as a specialist and commissioning project management that includes the allocation of the amount Banks wishing and not restrict companies contribute to the only company as a first step a pilot to demonstrate the successful application of the instructions issued by the Central Bank of Iraq and for the remainder of 2015 to be reconsidered study program, instructions, applications and successes and failures « The got» to get to the visions and instructions for new 2016 adopted Council CBI management especially as it currently represents the supposed consultation and opinion, partnership and cooperation in making decisions on the applications of the private banking sector of monetary policy. He pointed out the importance of creating a new structure within the organizational structure of the Central Bank of Iraq, including the establishment of a unit or division or department to manage the amount and distribution of funding and surveillance and evaluation of the application of the financing of small and medium enterprises program in accordance with the operational instructions issued and the window is called (development finance fund management) or as it is called now (National Finance Fund). He stressed the importance of identifying criteria for small and medium enterprises identified based on the standard numerical workers in it or sectoral standard and are controls put lower and higher lending to the border according to the importance of the project and its impact on economic development. Alnasiri demanded the annexation of productive families and folk heritage industries and stereotypes, sewing and encourage the feminist element in the establishment and financing of these projects, as statistics indicate that the percentage of women producers Crops loans to finance small and medium projects of not more than ( 13 percent) of the total recipients of these loans. He said that the refinancing distribution rates balanced the need to serve the economic development of all sectors and not to focus on the financing of the consumer nature of projects and non-productive, as the statistics indicate that the commercial loan accounts for 53 percent of the total funding granted loans previously, while the financing of housing loans 3 percent and the agricultural 5 percent and health 3 percent. The limp Alnasiri to reconsider rate of interest on the loan, which achieved the Central Bank, banks and the guarantors not more than 4 percent instead of 5.5 percent and the duration of repayment of the loan of not less than 5 years instead of 3 years and can finance the project a second time in the case of repayment of the loan at less than the period above for the purpose of development. He added that «the past 12 years have seen a significant pause in the wheel of the Iraqi economy through the weakness of cash trading and commodity in the local market as well as the inability of most borrowers customers from government banks The eligibility of the payment of the discharged debt dates of maturity, what disrupted the work of the banking sector and reflected on the liquidity limits have ». Indicating that it delivers it in some banks to a minimum so it was required from the Central Bank of Iraq to take swift pre-emptive action to address the financial situation and control of the market cash and the protection of some banks from collapse by taking quick steps in coordination with the relevant relationship. http://alsabaah.iq/ArticleShow.aspx?ID=99110
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  • guardian's Avatar
    Today, 02:22 PM
    Good Afternoon DS! Hope you are having a relaxing Sunday...enjoy!
    197 replies | 5248 view(s)
  • guardian's Avatar
    Today, 01:53 PM
    Maliki denies intention to buy a mansion in Lebanon $ 120 million Sunday 30-08-2015 | 2:13:29 XYZ Twilight News / denied former Vice President Nuri al-Maliki on Sunday news talked about his intention to buy a mansion in Lebanon $ 120 million. Maliki's office said in a statement responded to Twilight News, Diyar Lebanese newspaper published in its edition of Saturday's news includes an interception Future Movement on the purchase of a building-Maliki (Koraytem) owned by former Lebanese Prime Minister Rafik al-Hariri. The statement added, which still describes al-Maliki, Vice President of the Republic despite calling off the post, that "the contents of the news above is untrue and ridiculous at the same time, this is unfortunate that we find such newspapers turn into a docile tool in the hands of hired and malevolent who are not their only target the national figures in Iraq." The Lebanese newspaper "The Future Movement objected to the Al-Hariri on the sale of a Sunni icon when the Martyr Prime Minister Rafik Hariri, a Kuraytem Palace and the building, which was built by Hariri near the palace of Nuri al-Maliki because al-Hariri, who have $ 16 billion are able to not sell the palace to 120 million dollars that are not worth anything for their wealth." According to the newspaper, the "Future Movement Siniora instructed not to sell Nuri al-Maliki or any other personal Koraytem building for its symbolism Sunni and symbolism called him Prime Minister Hariri his project in 1992 and there is a part of Al-Hariri Egypt on the sale of the building and the other part with the building Koraytem survival without selling but Saad Hariri Egypt to sell the building for $ 120 million due to the need for liquidity resulting from the weakness of its projects in Saudi Arabia." Maliki's office said in a statement, "We contacted the newspaper mentioned and after that we sent them a message represent the official response to what has been Nscherhala The newspaper refused to publication and invoked the pretext of travel editor outside of Lebanon." He called the office of former Prime Minister of Iraq and the leader of a coalition of state law, Ad-Diyar newspaper as "a formal apology for the publication of news and Matdmenh of false information", calling on them to "elicit information from the official source." http://www.ara.shafaaq.com/26330
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  • guardian's Avatar
    Today, 01:41 PM
    It's clear to me, that would be one of the greatest reasons for us to get involved in seriously taking down ISIS.
    1 replies | 55 view(s)
  • guardian's Avatar
    Today, 01:21 PM
    Islamic State reveals new gold coins in bid to break 'enslavement' of capitalism By Jack Moore August 30, 2015 12:40 BST The video shows a series of gold coins that the group pledges introduce in order to replace the 'capitalist financial system' (Al-Hayat) Islamic State (Isis) revealed its new currency in a one-hour-long video entitled The Rise of the Khilafah and the Return of the Gold Dinar on Saturday, 29 August. The group said that the creation of the currency will help to break the "enslavement" of capitalism underpinned by the US dollar. The release, which is narrated by an IS fighter with an American accent coupled with Arabic subtitles, shows plans for new gold, silver and copper coins in the group's self-proclaimed caliphate which straddles the Iraqi-Syrian border. The group calls capitalism a "Satanic system" and goes on to condemn interest payments as the "most insidious instrument" of the US economy. The footage was released by IS' media wing Al-Hayat, and comes after the group announced it had plans to mint a new currency last November. The new currency will free members of IS' caliphate from the "tyrannical monetary system that was imposed on the Muslims and was a reason for their enslavement and impoverishment, and the wasting the fortunes of the Ummah , making it easy prey in the hands of the Jews and Crusaders," the group said in a statement, according to a translation by jihadi-monitoring company SITE Intelligence. Another screenshot of the planned IS dinar from their latest video release.Screenshot / ISIS Media The group is making moves to pay those within the caliphate with its own currency as its fighters are still paid in US dollars. The group says that one new dinar coin will be 21-carats, weigh 4.25 grams and be worth the equivalent of $139, as it will be made out of gold. "One state, built on faith, rises to face this evil head-on, initiating a countdown to bring about the end of the petro-dollar system and the destruction of America itself," the narrator says. "That trigger has become their greatest fear." The narrator also says that the new currency will bring down "the capitalist financial system of enslavement, underpinned by a piece of paper called the Federal Reserve dollar note". The group does not outline how the new currency will be circulated or how it will replace other currencies within their caliphate. As the video progresses, it shows a militant speaking to residents about the coin, who all speak positively about the new dinar, with one old man saying that having the gold coin is much better than paper money. It then shows children crowding around the militant to take a look at the new currency. The video shows the group printing the new gold dinar (Al-Hayat) The video is peppered with the footage of combat, explosions and conflicts that have become so customary in IS propaganda material. The release of the new currency comes just a year after the group reportedly raided Mosul bank in its offensive on Iraq's second city, looting 500 billion Iraqi dinars, which equates to $429m (£256m), to make the group one of the richest terror organisations in the world. http://www.ibtimes.co.uk/islamic-state-reveals-new-gold-coins-bid-break-enslavement-capitalism-1517730
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  • Bondlady2's Avatar
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  • Dinar Investor's Avatar
    Today, 09:46 AM
    Home / Latest News / Al-Maliki returns to parliament ... and Vice calls for non-approval of his return Maliki back to the parliament ... and Vice calls for non-approval of his return 08/30/2015 Similar articles Deputy for the National: have the document condemns the Minister of Electricity and we intend to re-questioned 08/30/2015 Virtue proposes to take over the leadership of the National Guard military figure and politician refuses to pay 08/30/2015 People crowd announce intensify its operations in Anbar to take control of the government complex 08/30/2015 (Independent) ... MP Khalid al-Asadi revealed in a coalition of state law, led by Vice President of the Republic article Nuri al-Maliki, that the latter will return to parliament as deputy after removed from office by the Prime Minister Haider al-Abadi, who sacked the Vice President and the Minister after the package of reforms, while calling MP Adel Nouri all MPs and politicians to agree on the return Maliki to parliament only after hold him accountable in the judiciary, to prove that the accused was innocent or entitled to then return to the parliament. Asadi said in a statement to CNN, "toss" that "Maliki will return to parliament after removed from office," adding that the resignation of deputy state law Hassan Sinead, caused by the return of al-Maliki as his successor. The waiver Maliki from his post as a member of parliament, after his nomination as vice president, and now has the right to return in the event of a vacancy provide, in accordance with the rules of procedure of Parliament. In a related context, he said a member of the Kurdistan Islamic Union bloc, Adel Noori, the MP for the coalition of state law Hassan Sinead, resigned from the membership of the House of Representatives "to be replaced by Nuri al-Maliki," the article by the Prime Minister Haider al-Abadi. Nouri said in a press statement "surprised providing Sinead his resignation to the presidency of the parliament," explaining that "Sinead was a member of parliament after he nominated his bloc to replace Maliki shop who became vice president of the republic, despite the lack of votes obtained in the elections and the presence of others received more votes". Nouri said "after my follow up of the subject I was able to know that Sinead offered to resign under the guidance of the Dawa Party and the State of Law bloc, in the sense that the party and the bloc are trying to re-Maliki to parliament to get his parliamentary immunity." He stressed member of the Integrity Committee that he himself will try to "prevent membership Sinead replace Maliki," adding "if al-Maliki returned to parliament as deputy will get parliamentary immunity and then the judiciary can not be held accountable to the files submitted by the Parliament." Nuri called "all MPs and politicians, especially members of the State of Law bloc, to the disapproval of al-Maliki to return only after Parliament held accountable in the judiciary, to prove that the accused was innocent or entitled to then return to the parliament." (End) https://translate.googleusercontent.com/translate_c?depth=2&hl=en&prev=/search%3Fq%3Diraq%2Bnews%2Bwebsites%26start%3D50&rurl=translate.google.com&sl=ar&u=http://www.mustaqila.com/news/171232.html&usg=ALkJrhiZ3e_L1N-uXzIci5TKRESEKbN7Dw
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  • harry's Avatar
    Today, 08:31 AM
    Parliament postpones vote on the National Guard and law to raise its eighth of September 2015/08/30 15:57 Long-Presse / Baghdad Raised the presidency of the Iraqi Council of Representatives, on Sunday, the meeting of 18 of the legislative term of the first second legislative year to the eighth month of next September, with the meeting witnessed postpone the vote on the National Guard law until further notice, and vote on the displaced employees from organizing regions salaries (Daash ) and the end of the second reading of three draft laws and postponing read four laws. A parliamentary source said in an interview to, (long-Presse), said that "Parliament Speaker Salim al-raising will be held, the meeting of 18 of the legislative term of the first second legislative year to Tuesday, (the eighth month of next September)", indicating that "the meeting witnessed vote on the displaced employees from the areas controlled by regulating the pay of (Daash), which witnessed military operations and to postpone the vote on the draft law of the National Guard until further notice because of the differences between the political blocs on some of its provisions. " The source, who asked not to be named, said: "the meeting included a discussion of the subject of suspicious activities in support of the organization (Daash), and discuss the issue of balances displaced people in the banks and the end of the second reading of the draft law on ratification of the Republic of Iraq on the basis of the system of the Council of the Arab Peace and Security, and the end of the second reading of the draft law Law the ratification of the partnership agreement for cultural, scientific and technical cooperation and for the development between the Government of the Republic of Iraq and the Government of the French Republic. " The source continued that "the meeting also saw an end to the second reading of the draft law on ratification of trade cooperation between the Government of the Republic of Iraq and the Government of the State of Kuwait Convention on the Law, and the postponement of the second reading of the draft law amending the Association of Accountants and Auditors Act, and the postponement of the second reading of the draft anti-terrorism law, and the postponement of the second reading of the draft reform guests law and depositors, and the postponement of the second reading of the draft anti-money laundering and the financing of Terrorism Act. " The Iraqi Council of Representatives held on Sunday, its the 18 of the first legislative term of the second legislative year, headed by Salim al-Jubouri, and the presence of 235 deputies, while the agenda of the meeting included the vote on the draft law of the National Guard and the second reading of the seven bills. http://almadapress.com/ar/news/54896/%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D8%A4%D8%AC%D9%84-%D8%A7%D9%84%D8%AA%D8%B5%D9%88%D9%8A%D8%AA-%D8%B9%D9%84%D9%89-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%AD
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  • harry's Avatar
    Today, 08:25 AM
    08/30/2015 12:48 GMT Parliament postpones vote on the bill to the National Guard next week Follow-up - and babysit - on Sunday, the House of Representatives decided to postpone the vote on the bill to the National Guard next week. http://alrayy.com/151357.htm
    1 replies | 49 view(s)
  • harry's Avatar
    Today, 08:19 AM
    08/30/2015 11:32 GMT Economist: Cash reserves decreased fall in oil Follow-up - and babysit -stressed the economic expert on behalf of Antoine, that falling oil prices led to a decline in reserves of the Central criticism, which comes from oil sales by 98%, especially after the use of more than six trillion dinars him between the lending banks and to cover small projects, for the purpose of economic development After more sectors of the economy paralysis in the country. Said Antoine "The cash reserve amounted according to the latest announcement of 0.59 trillion dinars, after exchange $ 5 trillion from banks in order to provide loans for industrial and agricultural projects to promote economic reality in addition to the trillion to cover small projects, " stressing that "According to paragraph 56 of the Central Bank Law, can be used as part of Hmaalamblg for economic development, through distribution to banks (real estate, housing, industrial and agricultural) that these amounts back at a later time. " He added Antoine "The cash reserve started to decline in conjunction with the landing Asar oil in half, and despite an increase in the quantity produced from oil," noting that "in the past was not one has the right to intervene to exchange part of the reserve, but now there is a legal formula to exchange all Bank road, as part of its responsibility towards the criticism in the country. " He continued Antoine "he hoped to contribute to the OPEC meeting during the next two days to raise oil prices, which recently dropped," explaining that "the rise even if not the roof of the aspirations of the level of the approved budget on the basis of 56 per barrel, but it will contribute even a small part in narrowing the gap left behind by the deficit, $ 25 billion. " The term "cash reserve" to deposits and bonds of foreign currency held by central banks and monetary authorities, which can be used to pay off the internal and external loans owed by the state, as well as the stability of the local currency. http://alrayy.com/151342.htm
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  • Dinar Investor's Avatar
    Today, 08:17 AM
    Integrity body recovered (14) billion dinars to the state treasury banks seized by the civil clients Sunday 30-08-2015 | 12:05:46 J p Twilight News / Chairman of the Integrity Commission Yasiri Hassan announced on Sunday that the investigative procedures of the Commission resulted in the recovery of large sums of money to the state's Rafidain bank account, indicating that the total amount of money that has been retrieved amounted to more than 14 billion dinars. Yasiri said in a statement responded to Twilight News, speaking about details of the case, which was begun by the Rafidain Bank / Branch President open current accounts for three clients by certificate definition of a branch customers. He said that the three customers (H.j.a) and (O.a.a) and (c AN) had the liberalization of instruments for other customers in civil banks provide credit without covers Akiem those amounts, referring to the feet of the employee responsible for the Calculator clearing of electronic instruments in the Rafidain Bank / Branch President invited (O.a.h) not to make updates to the system (the receipt of instruments) drawn from other banks in section client accounts with a view to clearing the passage of time; so that the branch Depositary (instrument) to withdraw the amount. He Yasiri procedures investigative and direct coordination with the Office of the Inspector General in the Ministry of Finance Bmhoreha, I: containing the follow-up to recover the amounts juggler dispensed, and the second: the completion of the investigative procedures and to instruct the Rafidain Bank to move the criminal case before the Court of achieving integrity against an employee branch which cut off from work and customers drawers and beneficiaries brought to retrieve most of the amounts dispensed juggler. He cautioned that further action is still continuing the process of recovery of more than 11 billion dinars from banks natives did not take into account in their dealings Article (16) of the Money Laundering Law No. (93) for the year 2004, which requires the customer to provide a statement in writing from the owner of the refund, if customer is not the owner, and if the cash deal more than a million dinars https://translate.googleusercontent.com/translate_c?depth=2&hl=en&prev=/search%3Fq%3Diraq%2Bnews%2Bwebsites%26start%3D50&rurl=translate.google.com&sl=ar&u=http://www.ara.shafaaq.com/26300&usg=ALkJrhgWklJkG8XPLH86N8P29ok64TTrMQ
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  • harry's Avatar
    Today, 08:15 AM
    08/30/2015 12:52 GMT Central extends the sale of bonds for the benefit of one month Follow-up - and babysit - The Central Bank, Sunday, to extend the sale of own bonds in favor of the Ministry of Finance and one month, while explained that it will sell bonds in Iraqi dinars at aprice of 1095 dinars per dollar. The bank said "will be extended sales in nominal bond futures delivery in the currency of the US dollar on behalf of the Ministry of Finance to be one of the first of next September and up to 30 of the same month," noting that "Asdarih will be four categories (2,500 to 10,000 and 50,000 and 100,000) US dollars, and the total amount of two billion dollars. " The bank said it "will sell the bonds at a price of Iraqi dinars 1095 dinars per dollar and payable by the Ministry of Finance on February 28, 2017 to be paid in dollars maturity." http://alrayy.com/151360.htm
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  • Dinar Investor's Avatar
    Today, 08:15 AM
    Home | Political News Heads the National Alliance blocs meet to discuss the National Guard LawBy Mohammed Emad 30/08/2015 11:56 | Views: 1354font size: Brother - Baghdad Heads the National Alliance blocs met on Sunday to discuss the draft law of the National Guard. The MP said the National Alliance honest frankincense that "blocks the National Alliance held a meeting to discuss points of contention about the National Guard Law. He was in the parliamentary legal committee member Hassan Turan counting choose National Guard troops node most prominent differences in the parliamentary blocs to pass the bill in the House of Representatives. It was the House of Representatives is scheduled to vote at its yesterday on the draft law of the National Guard, but was delayed until today because he needs to further discussion. https://translate.googleusercontent.com/translate_c?depth=2&hl=en&prev=/search%3Fq%3Diraq%2Bnews%2Bwebsites%26start%3D50&rurl=translate.google.com&sl=ar&u=http://www.khabaar.net/index.php/permalink/51312.html&usg=ALkJrhgM9JJzK4NSuVlmI4P-YfrzpX-iuw
    0 replies | 23 view(s)
  • harry's Avatar
    Today, 07:56 AM
    Anbar: withdrawal of the battalions of the popular crowd toward Baghdad. . US forces up to start the process of liberalization of gray 30/08/2015 12:39 Brother - Baghdad A source in Anbar police command, on Sunday, for the withdrawal of fighters battalions belonging to the popular crowd toward the capital, Baghdad, Ramadi, revealing that the liberalization process will be launched during the next 24 hours to coincide with the arrival of US combat forces. The source said the "popular crowd battalions withdrew from areas of Khalidiya and some surrounding areas of gray, yesterday evening, toward the capital of Baghdad, without knowing the reasons." He revealed the source, who preferred anonymity, said that "combat US troops arrived at the Khalidiya area, and the area around Ramadi, to start in the liberation of the city of Ramadi, which will be launched during the next 24 hours under heavy air cover from flying international coalition process." http://www.khabaar.net/index.php/permalink/51318.html
    1 replies | 62 view(s)
  • harry's Avatar
    Today, 07:44 AM
    Sunday, 30 August 2015 12:11 Verbal altercations between members of the House of Representatives on the "National Guard" before the start of the parliamentary session Baghdad / Baghdadi News / .. revealed high-level parliamentary source, on Sunday, for the outbreak of verbal altercations between members of the House of Representatives on the law of "National Guard" before the start of the parliamentary session. The source, who spoke on condition of anonymity for / Baghdadi News /, that "verbal altercations sharp broke out between members of the House and all the political blocs on the paragraphs of the draft law of the National Guard before the start of the parliamentary session." The source added, that "members of the House of Representatives did not agree until now to pass a law in the House of Representatives." This "is scheduled to hold the House of Representatives, on Sunday, its the 18 of the first legislative term of the second legislative year, to vote on the draft law of the National Guard and the first and second readings of the seven bills." http://www.albaghdadianews.com/politics/item/84453-LyoADAb-KkALnة-Bnl-AIzhAs-LvkYO-AklNAB-Byoal-AkGEYO-AkNZln-jBnk-BDs-vkYOة-AkBEkLAl.html
    1 replies | 51 view(s)
  • harry's Avatar
    Today, 07:36 AM
    Deputy: tax and customs Mordan alternative to oil August 30, 2015Baghdad / Center Brief for the Iraqi Media Network (IMN) parliamentary finance committee member Massoud Rustam said that taxes and customs Mordan two alternatives for the provision of financial revenue after a drop in oil prices. He warned the parliamentary finance committee member Abdul Qader Mohammed earlier, of "economic difficulties the government may face in the event of continued decline in global oil prices," noting that "the Commission is working in coordination with the government to find solutions to the provision of staff salaries solutions during 2016". He said Rustam's ( IMN) , that " the government go about finding a real financial revenues alternative oil resources in the context of low global oil prices are too large and its impact negatively on the budget of the country " , stressing that " activating those resources is the responsibility of the Federal Government " . He continued that "the main sources and important alternative to strengthen the financial budget of the state is to activate the taxes and customs and bring revenue to the state treasury," he said, adding that "the parliamentary finance government will support the trend towards maximizing the financial resources of the country and the fight against the corrupt and therefore interest belonging to the Iraqi people as a whole". Finance Committee Alnielyh confirmed, it has a package of laws exceeded ten to support monetary policy, is preparing to be passed soon to parliament. Iraq has suffered from the financial crisis and the weakness in monetary policy that caused squandering of public money, and therefore, the government and parliament serious attempts to reform and promoting a framework law the work of the country's economy. http://center-imn.net/1/?p=29452
    0 replies | 34 view(s)
  • harry's Avatar
    Today, 07:29 AM
    Local Source: US military movements on the ground Mosul limits30/08/2015 01:40 / Nineveh: Source News / Local source in Nineveh province, said US ground monitor the movements on the border of the city of Mosul from the Western-centered, and pointed to the US Air Aviation intensify their missions on the outskirts of the city. The source told / Source News / "The American four-wheel drive wheels were seen moving on the outskirts of the city of Mosul, while coalition aircraft began to fly heavily sky city since Saturday night." "The US started the wheels in terms of both Rebiya Sinjar and Mosul towards the outskirts of the western-centered", noting that "the majority of residents of areas west of Mosul, saw clearly the movements of Americans in that region." The sources had reported earlier that more than a thousand foreign troops led by US forces carried out the hand in Rabia, west of Mosul Anzala air with military equipment Thagalh. http://l-news.net/index.php/safety/80834.html
    1 replies | 62 view(s)
  • harry's Avatar
    Today, 07:24 AM
    Parliament will hold its 18th day and the law of the National Guard on the top of the agenda30/08/2015 09:36 / Baghdad: Source News / hold the House of Representatives in the ten o'clock Sunday morning its eighteen years of the third parliamentary session in the legislative year the second legislative term first, and will be the National Guard Law on the top of its agenda included discussion and reading and vote on several bills. In a statement to the media department of the House of Representatives and received / Source News / "that today's meeting will include a vote on the draft law of the National Guard objective suspicious activities in support of the Daash, discuss and balances displaced in the banks." "As the Council will read the second reading of the draft legal ratification of the Republic of Iraq on the Statute of the Council of the Arab Peace and Security and the ratification of the partnership agreement for cultural, scientific and technical cooperation and for the development between the Government of the Republic of Iraq and the Government of the French Republic." "The agenda also includes the second reading of the draft ratification trade cooperation between the Government of the Republic of Iraq and the Government of the State of Kuwait and the Convention on the amendment Association of Accountants and Almedkaan law and anti-terrorism laws." He concluded by noting that "Parliament will read as well as the second reading of the draft legal reform inmates and depositors and to combat money laundering and financing of terrorism." The House of Representatives may raise session on Saturday, the seventh of ten to Sunday after the voice on the conviction he answers Electricity Minister Qassim Fahdawi and finished the first reading of a bill to compensate those affected Act as a result of military errors, and vote on the amendment of Criminal Procedure Law No. 23 of 1973, and ended well The second reading of the draft Tax Code. It is said that yesterday's parliamentary session was held under the chairmanship of the House of Representatives and the presence of Salim al-260 Naiba.anthy 68 http://l-news.net/index.php/policy/80818.html
    1 replies | 51 view(s)
  • harry's Avatar
    Today, 07:09 AM
    good morning to all ds i hope everyone will have a special blessed day today and prayer goes out to the one that need praying for
    197 replies | 5248 view(s)
  • cleopatra's Avatar
    Today, 05:54 AM
    Good Sunday morning Dinar Investor, tudor, ksdunlap, rr, gigi3, harry, guardian, Charlie, power, bondlady2, b1955, fitter1 and all ds'ers. Getting ready to have my morning joe. Good having ksdunlap and tudor over yesterday for coffee...ksdunlap...your cinnamon rolls were great and tudor your spudnut was wonderful. Waiting for everyone to come on over and join me for some coffee. Have a great day everyone:)!!
    197 replies | 5248 view(s)
  • guardian's Avatar
    Yesterday, 11:34 PM
    Citizen Nuri al-Maliki leaves green By confident Jabri - 29-08-2015 | (Voice of Iraq) | seems that most politicians have become more than a citizen; talk of reform, and competed to raise their hands before the completion of reading the texts of the reforms package, and did not let the occasion to talk about their steps tireless in construction?! They are geniuses construction boom that is unmatched in the world; they jumped on the history and Tjaozhu time and Tefroa hereditary, although corruption men, including to kill him ?! talking about corruption Rbibam, and some of them came out protesters; Voskth people and dragging the tails of defeat, and sounds in his ears calls corrupt corrupt. did not expect politicians gathered people Vrkoh; to dependencies and communities, and he was not imagined of sat on the necks; that exposes corruption and possession of public property, even angry politicians people forced; acceptance package reforms first and second and third, and hopes to be applied in record time planning to a glimmer of hope that beyond. canceled immediately vice president and the ministers, and have become citizens without protections are supposed to live among us, and suffer power cuts and poor services and wait for share Altamonah, and required them to be in the popular crowd to defend the homeland, and with the advocates of reform, and detect if in themselves and their parties. incorporated a second package of some ministries, and abolished positions Almtharian and reduce the number of protections, and in the third Packages: returned property seized by the politicians, and re-evaluate the sale of land lease, and open the Green Zone to the citizens, it is our right to believe the message which says: "Citizen Nuri al-Maliki left Baghdad , accompanied by Medhat al-Mahmoud and a number of parliamentarians for the rule of law, and evacuate their homes inside the Green Zone "; as a natural third reform package as a result, and a conclusion to say all the forces it with reforms even on itself. reported the story on my personal, since any progress in the reforms; Parallel to progress our troops on the battlefield of honor, and she says the reference: that reform battle parallel Ulkipaia Jihad, Vtvaal participated commented thousands on the news, Ouseltni messages on your ask for the news source, including a message from Mr. Abbas al-Musawi, a former adviser; former prime minister. The news source is the will of the masses, and hope for the demise of the space surplus positions, and achieve reforms to get rid of political waste, and self-examination to search for the corrupt who have caused the entry of terrorism, and Mr Nuri al-Maliki is a citizen and duties and his rights, and be held accountable for mistakes, and predicted waiver Mahmood; as a result of the demands of the three weeks, and urgency reference to reconsider the elimination, while the members of the state law; Most of them advisers and deputies have received homes in the Green Zone, and exit a matter of course before entering the citizens and asked, "Where did this to you" ?! reform is not a slogan on the back of the waves to demonstrate, not promises in the land of reality, Sdaha corruption, and burned terrorism because of it. From the right of the citizen question and accounting charge, and a review of the corruption of the State Administration of 2003, check the cause of the collapse and how sat spoilers, and given them hundreds of meters, residential land in the heart of the capital; the price of 10 thousand dinars per meter while the price of those 6 million dinars ?! And one-third of the people does not have a 50-meter housing ?! And ask about how to rent palaces at nominal prices, and contracts extending to 200 years ?! And ask why 12 years to Medhat al-Mahmoud, and this speech is not concerned by hand alone; it wants to reform him to start his own, and heard praising adviser and unbelievable. Confident Jabri http://www.sotaliraq.com/mobile-item.php?id=192585#axzz3kGknVkSk
    0 replies | 69 view(s)
  • guardian's Avatar
    Yesterday, 11:22 PM
    Iraq PM orders forces to prepare to open Green Zone August 28, 2015 6:02 AM Iraqi security forces set up checkpoints on streets leading to the heavily fortified Green Zone in Baghdad on March 26, 2012 (AFP Photo/Ahmad al-Rubaye) Baghdad (AFP) - Iraqi Prime Minister Haider al-Abadi has ordered security forces to prepare to open Baghdad's heavily fortified Green Zone government and embassy area to the public, his office said Friday. The order comes in the third week of a reform drive by Abadi aimed at combatting rampant corruption and streamlining the bloated government, in response to weeks of protests and calls from top Shiite cleric Grand Ayatollah Ali al-Sistani. Abadi directed security forces to make "the necessary arrangements to open the Green Zone to the citizens," a statement from his office said. If the move actually goes ahead, it is likely to face significant opposition from embassies in the Green Zone -- including those of the United States and Britain -- due to security concerns. While attacks have dropped in Baghdad compared with the first half of last year, bombings that are sometimes claimed by the Islamic State jihadist group are still a frequent occurrence in the capital. The Green Zone is surrounded by high concrete walls, guarded by labyrinths of successive checkpoints and protected by Abrams tanks, armoured personnel carriers and elite members of the security forces. It held lavish palaces occupied by former president Saddam Hussein and other senior figures and supporters of his regime before his overthrow in 2003, but was much more accessible then than it is now. After his fall, those same palaces served as the headquarters for the US-led occupation, and later for Iraq's new political elite, whose corruption has aroused widespread popular ire. Easy entry requires going through a byzantine process to obtain necessary badges that has itself been said to be a source of graft, with large payments reportedly expediting the procedures. Abadi also ordered that streets shut by political parties and influential figures be opened in Baghdad and other provinces. Top politicians have closed off roads leading to their homes and even those of their relatives in Baghdad, while pro-government militiamen have also shut streets, adding to the already dense traffic in the capital. The premier also ordered the formation of committees to review the sale and rental of state properties and to return illegally obtained assets and restore to the state those that were "unfairly evaluated". Some top politicians have managed to obtain Saddam-era palaces or other valuable properties either free of charge or for far less than their true value. Both opening the streets and efforts to recover ill-gotten state assets are almost certain to face major resistance from politicians across the political spectrum who have benefitted from both. http://news.yahoo.com/iraq-pm-orders-forces-prepare-open-green-zone-100213145.html
    0 replies | 45 view(s)
  • guardian's Avatar
    Yesterday, 07:44 PM
    Thousands turn out for fresh anti-corruption protests in Baghdad #InsideIraq The protests have been taking place for weeks, but supporters of Muqtada al-Sadr participated for the first time on Friday Iraqi women protesters shout slogans during a demonstration against corruption in Baghdad's Tahrir Square (AFP) MEE and agencies Friday 28 August 2015 19:23 UTC Last update: Friday 28 August 2015 19:29 UTC Thousands of Iraqis once again took to the streets Baghdad's Tahrir Square on Friday to protest rampant corruption in the country. The crowds included supporters of the powerful Shia cleric and political leader Muqtada al-Sadr for the first time since the protests began earlier this summer. Protesters have taken to the streets of Baghdad and cities in the Shia south for weeks, railing against rampant corruption and abysmal services, especially power outages that leave just a few hours of government-supplied electricity per day during the scorching summer heat. Prime Minister Haider al-Abadi has responded to the demonstrations and a call from Iraq's top Shia cleric, Grand Ayatollah Ali al-Sistani, with a reform programme aimed at curbing corruption and streamlining the government, but it is still in its early stages. At Friday's demonstration, hundreds waved Iraqi flags and chanted anti-corruption slogans in previous weeks, but this time the crowd also included supporters of Sadr, responding to his call to take part. Sadrists, many of them dressed in black, chanted slogans including "Bye bye Nouri al-Maliki" and called for the ex-prime minister, whose eight years in office were marked by widespread corruption, to be executed. "We came out in support of the reforms that were announced by Prime Minister Abadi. We want to push and support the state in implementing them," said Nafia al-Bakhaki, an official in the Sadr movement. "All the officials in the previous governments, especially Maliki's government, are responsible for corruption," said Sheikh Samir al-Zraijawi, also from the Sadr movement. However, not all welcome the involvement of Sadr and his supporters. Sadr's party had ministers in Maliki's governments and it still wields significant influence despite the 43-year-old cleric seeking to officially distance himself from politics as he pursues religious studies. "It is hypocritical and misleading are with the people," said Iraqi Communist party member Siham al-Zubaidi, noting their strong presence in parliament and the fact that a since-resigned Sadrist deputy premier faces corruption allegations. Parliament signed off on Abadi's proposed reforms as well as additional measures, and the prime minister has begun ordered changes, including the scrapping of 11 cabinet posts and for the bloated number of guards for officials to be slashed. But even with popular support and backing from Sistani, the fact that parties across the political spectrum benefit from corruption is seen as a major obstacle to the nascent reform effort. http://www.middleeasteye.net/news/thousands-turn-out-fresh-anti-corruption-protests-baghdad-378977119
    0 replies | 66 view(s)
  • harry's Avatar
    Yesterday, 06:01 PM
    Iraq get a credit rating attracts investment 8/30/2015 0:00 Researcher: investment companies were invoked against his presence BAGHDAD Mustafa al-Hashimi is Iraq for the sovereign rating officially the first steps in the way of attracting foreign investment to enhance the infrastructure and the promotion of economic reality, as the investment companies were ndash; according to Mtabaan- taken from Iraq's failure to get the sovereign rating as a pretext prevent or hampered from investing in spite of the facilities created by the investment 13 Act of 2006. known credit rating GCR an acronym for (global credit rating) as a measure to assess the possibility of the borrower to meet its obligations in the face of lenders, or in other words, the risk of non-payment of lender (source Sindh) to fulfill its obligations (loan value and benefits) of the borrower (bond holder). And is rated the world's credit ladder classification consists of four grades are A, B, C and D as well as variables that represent signal the + or - different Petkrarat. The Fitch International Foundation has awarded Iraq a few weeks before the first credit rating has sovereign versions of which is sought by Country Before his intention to issue international bonds worth five billion dollars, aims to ease the pressure drop in oil prices on the budget public. In this context, he said economic researcher Maha Ihsan thanked the positive impact that will impact on the economy after obtaining the credit rating degree B- from the international rating agency Fitch through Auxiliary and reconstruction in Iraq by increasing presence of foreign investment companies which attracted the presence of classification, even if weak degree. The researcher noted in an interview for »Sabah» that Iraq is suffering now terror gangs (Daash) significant decline in oil prices, which has seriously damaged in the budget of the country as well as investment projects in a number of provinces and that was reliable so much in promoting economic development has stopped. Economists believe that Iraq is for the sovereign rating and the low is better than not having any degree of classification because the lack of a degree classification means that the country is one of the areas no investment even if high-risk. chose B_ Fitch rating with a stable outlook for Iraq which is less than six degrees from investment grade (AAA or A +++) attributed it to political risk and weak security She was of the most serious risks faced by any sovereign entity has assigned A- from Fitch. and returned researcher of thanks to say that one of the main obstacles that were facing investment companies may still leaving only the security situation improves, especially that there are sweeping reforms put forward by the government to fight corruption campaign, to go away all the excuses invoked by those companies, including the subject of credit rating. was of the view that the economic potential of the Iraq, including that the owner of the fifth-largest oil reserves in the world what it takes to become an investment countries attractive to a large number of investors. She drew thanks to this class low in the classification can be modified in the near future if the government urged paced quickly in the way of reforms and resolving the energy problem, which is an important factor in raising the level of GDP and activate the various productive sectors. seeks most governments and countries, companies or financial entities to obtain credit rating so as to allow her to get the funding they want through local markets or external reason to urge the pace for the highest degree of classification between the countries of the world to improve the economic reputation and the development of the joints of the various productive sectors, to assure the countries wishing to invest the economic structure intact and its environment are valid, as well as the credit rating reduces the cost of borrowing when the state needed to decode the financial debt Achtnaqatha the outside. The economic expert, Dr. appearance of Mohammed Saleh had earlier predicted to be classified Iraq credit probably at a B returned him a good indication of the reason for optimism, pointing out (morning) at the time that: this order in Classification defined by the intensity of the Iraqi appetite for bonds sold in international markets, amounting to $ 2.7 billion annual interest rate steady at 5.8 percent Stressing that the presence of a credit rating, though low, is better than no rating basically. http://alsabaah.iq/ArticleShow.aspx?ID=99005
    0 replies | 82 view(s)
  • harry's Avatar
    Yesterday, 01:03 PM
    well at least he think about iraq and what is right
    2 replies | 96 view(s)
  • tudor's Avatar
    Yesterday, 09:51 AM
    Good Saturday mornng ksd, guardian, Roadrunner, harry, gigi3, cleopatra, Dinar Investor, Jade, and all of DS! I am on my way to cleos but will stop and get a fresh batch of SPUDNUTS for you all to try. I also have to stop at Roadrunners on the way to say hey and sneek a chunck of that blueberry upside down cake, sounds yummy! See ya all later, this is gonna be fun!! Have a great day all!
    197 replies | 5248 view(s)
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