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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  • harry's Avatar
    02-21-2017, 10:06 AM
    Abbadi: Maliki will stand in court soon on charges of "high treason."February 21, 2017 Baghdad/Iraq news network. The Prime Minister said Iraq Haidar Abadi on Tuesday, yet he never understood why I give Maliki "ordered withdrawal of army units in Mosul on 9/6/2014 and three divisions of the Iraqi army to pull out of the connector and leave their guns and tanks displayed is flag and come to Baghdad . Ibadi said in his press h insists today: that Maliki committed treason on this withdrawal, which make the Iraqi army lost the entire Nineveh give orders to withdraw 3 teams of Iraqi army constituted more than 60 000 troops and leave mechanisms, tanks and armored vehicles and cannons with ammunition to ISIS come and seize Mosul and the whole three military teams weapons worth more than $12 billion. Abadi confirmed the fall of Mosul but ISIS through Maliki's order to withdraw the army and pieces Posted by displacing and killing, displacement and more than 300 billion dollars by provinces of Mosul, Anbar, Salahuddin and leaders the responsibility then Maliki Maliki will be eliminated soon for "high treason." http://aliraqnews.com/%D8%A7%D9%84%D8%B9%D8%A8%D8%A7%D8%AF%D9%8A%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%83%D9%8A-%D8%B3%D9%8A%D9%82%D9%81-%D8%A3%D9%85%D8%A7%D9%85-%D8%A7%D9%84%D9%82%D8%B6%D8%A7%D8%A1-%D9%82%D8%B1%D9%8A%D8%A8/
    4 replies | 204 view(s)
  • harry's Avatar
    02-21-2017, 10:46 AM
    Raising the Iraqi dinar to the forefront again. Version:-International paper Monday, February 20, 2017 (00:0-GMT) Some Iraqi Government economists raising the dinar against the dollar until rising purchasing power and increasing confidence as a rule Iraq, as demanded by the need to stop «dollarization» economy by preventing deal internally and make local transactions are limited to use of the Iraqi dinar only. It must be noted that 70 percent of currency in circulation was covered in gold and foreign currencies until 1981, the remaining Iraqi Government bonds (currency code), and then Iraq was leftover gold base system. In order to maintain the cover, successive Governments have been linking financial policy, especially current and investment expenditure, the balance of payments situation, and the latter was determined by the Government's revenue from oil exports. And to make this link administrative restrictions applied to both external conversion, trade in goods and services and the movement of capital. Thus followed the conservative monetary and fiscal policies that kept the stability of the Iraqi dinar is installed by the Central Bank at 3.2 dollars to the dinar. I shall abide by the lid easily dinar monetary authority in the exercise of their duties where he fomented maintain a stable currency, but it achieved at the expense of economic development that is not spending enough fear that increased spending on the stability of the currency. But during the Iran-Iraq war, which caused huge Iraq reserves faded of foreign currency, the Government abandoned the currency Act and Ina started spending on war without quantitative restrictions, what caused a continuous decline in the exchange rate of the dinar against the dollar and other major currencies, because of the increasing gap between the supply and demand of Iraqi currency. And increased economic embargo imposed on Iraq in 1991 it worse. Despite the Government's adherence to the official exchange rate (3.2 dollars) for official transactions, resulted from continued growing imbalance between volume of currency in circulation and demand another rate for the dinar is parallel or black market, market price, sometimes to 4000 dinars to the dollar. After the occupation of Iraq in 2003 and the lifting of the ban on oil exports and reserves of foreign currency deposits abroad and the Central Bank to regulate the daily auctions to sell the dollar, which means withdrawing local currency Iraqi dinar, began to rise gradually until reaching 1200 dinars to the dollar, and stayed on that rate. And lose the Iraq-Iran war and economic embargo then many Iraqi dinar as a store of value and as a means of circulation, causing most transactions inside especially internal trade in goods and services, to the dollar, it was «dollarization» Iraqi economy. From this background about how to change the dinar over the past 36 years, and how it was «dollarization» economy, it is time to discuss what some economists ask now when claiming lift dinar and stopping «dollarization». For more than four years, officials in Iraq talking about monetary reform project from which to raise the Iraqi currency exchange rate against the dollar so that the new dinar equal to 1.2 dinars to the dollar instead of 1200. But the move was postponed to a later date because some Iraqi areas Government control after the occupation «ISIS». Then she began military operations to recover these areas that still lingers. The Government is expected to return to the project after the end of military operations. If the monetary reform is successful, there is no longer need to use the dollar in domestic transactions. The latter happened after he became a tough daily transactions with the arrival of thousands of dinars per dollar, making individuals resort to deal in dollars instead of dinar, especially in large transactions in hoarding currency. So you cannot cancel «dollarization» Iraqi economy by administrative decision or by administrative orders of the Monetary Authority but gradually phenomenon disappear with the disappearance of the reasons for it, after it is monetary reform referred to above, that the dinar will then by trading easy and valuable storage eliminates the use of the dollar. But the monetary reform as stated above does not mean new official exchange rate of the dinar against the dollar. If the shadow exchange rate floating as it is currently, it may rise or fall according to the relationship between supply and demand for dinars, higher offer for stability or dinar decreased demand, exchange rate declines in the dollar. And if the opposite view dinar for settlement or high demand. The Monetary Authority may to install new exchange rate with the dollar or a basket of currencies. But in any case it is not advised to adopt a high exchange rate, it does not give effect to the economy or raise the value of national sovereignty as some believe, but negative effects on the economy. The former Iraqi dinar ($ 3.2) was exaggerated and will continue to be exaggerated if you return in the future. It will make imports cheaper but hinders the improvement of production and export capacity of Iraq, the price may be 1.2 dinars to the dollar or dinar against the dollar is the right price. But the Government fiscal and monetary policies to help maintain it. It can be said that the invitations that we hear today by raising the dinar and cancel «dollarization» economics are not right for first or cannot meet before the monetary reform for second. http://www.alhayat.com/Opinion/Writers/20261216/%D8%B1%D9%81%D8%B9-%D8%B3%D8%B9%D8%B1-%D8%A7%D9%84%D8%AF%D9%8A%D9%86%D8%A7%D8%B1-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D8%A5%D9%84%D9%89-%D8%A7%D9%84%D9%88%D8%A7%D8%AC%D9%87%D8%A9-%D9%85%D8%AC%D8%AF%D8%AF%D8%A7%D9%8B
    3 replies | 282 view(s)
  • harry's Avatar
    02-21-2017, 09:48 AM
    Parliamentary Finance: the coming days will see a marked decline in dollar February 21, 2017 Parliamentary Finance Committee unveiled Tuesday by the Central Bank of Iraq's intention to pump additional amounts of dollar in local markets to lower dollar prices, noting that the bank will announce a new mechanism for the disbursement of the dollar through its ports to prevent speculation. He said committee member Ahmed Sarhan Sarhan said in a statement that "the Central Bank of Iraq plans to pump additional amounts of the dollar in the domestic market to prevent the rising dollar prices." "The high dollar prices in front of the Iraqi dinar exchange does not serve the economic and commercial interests and the control authorities to prevent the rise in any way possible." Sarhan said that "the Bank will announce a new mechanism for the disbursement of the dollar through its ports to prevent speculation and the dollar exchange rate to only those who deserve it, " noting that "these steps will return dollar prices as they were in the past and demonstrate in front of the exchange rate of the dinar in the coming days. http://www.knoozmedia.com/198056/%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D9%86%D9%8A%D8%A7%D8%A8%D9%8A%D8%A9-%D8%A7%D9%84%D8%A7%D9%8A%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84%D8%A9-%D8%B3%D8%AA%D8%B4%D9%87/
    2 replies | 184 view(s)
  • harry's Avatar
    02-21-2017, 10:13 AM
    Shabibi: Maliki has destroyed the country and stole Iraqi State Treasury and (the relationship) from his followers. February 21, 2017 Baghdad/Iraq News Network- dawn of the former Iraqi Central Bank Governor Sinan Shabibi, Tuesday, heavy doses of surprise when pointed out, that "money received by former Prime Minister Nouri al-Maliki, was enough to build a new homeland for 30 million people and that Maliki appointed four members of the ruling party posts within the Central Bank and are not competent even influenced the Bank and took wildcat strike rooted, Director of money laundering, the Director of the Legal Department, and Director of bank supervision, and Director . Shabibi said in a press statement today: "when I decided to change certain party members from Maliki came to him a book of Prime keeps it from these veiled threat included corrupt dimensions between the lines, when he drove the first elements of the corrupt gang amok Maliki issued by his partner and girlfriend Medhat Mahmud arrest warrant on having you in Switzerland lecturing on new monetary policy within international symposium International Monetary Fund, adding that "corruption is rife within the Central Bank by Maliki's colleagues in the party and that the filtering Service Manager allocates money laundering Iraq in favor of the ruling party and legal Manager dealers covering him and Director of banks taking buy dollar to banks associated with the Prime Minister, with lesser amounts of market making Iraq lose millions of dollars a day because of this corruption and smuggling money Mays Timely Government abroad for Maliki and his followers, "Shabibi said. " he then appointed Maliki called (relationship), Governor of the Central Bank to plunder all the State reserves of $67 billion in the last days of his reign on the Government to hand over power to Haider Abadi and empty budget reserve and ravished, enters Iraq in a major financial crisis cannot advance after a decade even if oil prices improved today ", noting that" Maliki recognizes more money than all the rulers of the Republic of Iraq gathered from Saddam Hussein salisu leader, and did not investigate any performed to the Iraqi people and homeland. " http://aliraqnews.com/%D8%A7%D9%84%D8%B4%D8%A8%D9%8A%D8%A8%D9%8A%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%83%D9%8A-%D8%AF%D9%85%D8%B1-%D8%A7%D9%84%D8%A8%D9%84%D8%A7%D8%AF-%D9%88%D8%B3%D8%B1%D9%82-%D8%AE%D8%B2%D9%8A%D9%86%D8%A9/
    2 replies | 170 view(s)
  • harry's Avatar
    02-19-2017, 09:14 AM
    Iraq launches assault on IS-held west Mosul February 19, 2017 View photos Iraqi tanks and armoured vehicles advance towards the village of Sheikh Younis, after the offensive to retake the western side of Mosul commenced on February 19, 2017 More Oreij (Iraq) (AFP) - Iraqi forces launched an offensive Sunday on jihadists defending Mosul's west bank, in what could be the most brutal fighting yet in a four-month-old operation on the country's second city. They swiftly retook at least five villages and set their sights on Mosul airport, which lies just south of the city, marking a new phase in Iraq's largest military operation in years. The Islamic State group has put up stiff resistance to defend Mosul, the city where its leader Abu Bakr al-Baghdadi proclaimed a "caliphate" in 2014. "Our forces are beginning the liberation of the citizens from the terror of Daesh," Iraqi Prime Minister Haider al-Abadi said in a short televised speech, using an Arabic acronym for IS. "We announce the start of a new phase in the operation. We are coming, Nineveh, to liberate the western side of Mosul," he said, referring to the province of which Mosul is the capital. A top army commander then announced that forces led by federal police units retook villages south of Mosul, including Athbah, which leaves them within striking distance of the airport. - 'Toughest nut' - "We launched our operation at 7:00 am (0400 GMT)... We are heading towards the airport," said Abbas al-Juburi of the interior ministry's elite Rapid Response force. "We destroyed two car bombs and killed several Daesh members," he told AFP near the front line. Military vehicles blared patriotic songs as heavy bombardment and shooting could be heard in the distance. The jihadists overran Mosul and swathes of other territory north and west of Baghdad in 2014, sweeping aside security forces ill-prepared to face the assault. The Iraqi government launched the offensive to reconquer Mosul on October 17, throwing tens of thousands of forces into the long-awaited counter-attack with air and ground support from the US-led coalition. The Joint Operations Command coordinating the fight against IS declared east Mosul "fully liberated" on January 24. But it took Iraq's most seasoned forces -- the elite Counter-Terrorism Service -- more than two months to clear the eastern side of Mosul. After a pause, federal forces now face what was always billed as the toughest nut to crack: Mosul's west bank, home to the narrow streets of the Old City. "West Mosul had the potential certainly of being more difficult, with house-to-house fighting on a larger and more bloody scale," said Patrick Skinner, from the Soufan Group intelligence consultancy. - Narrow streets - The streets around the historical centre, which includes the mosque in which Baghdadi made his only public appearance in June 2014, will be impassable for many military vehicles and force government fighters to take on IS in perilous dismounted warfare. Prior to the offensive that saw IS seize Mosul and much of Iraq's Sunni Arab heartland nearly three years ago, the east bank was more ethnically diverse than the west, where analysts believe the jihadists could enjoy more support. "IS resistance could be greater in this area and it will be harder, but all the more important, to completely clear the networks from Mosul after its recapture," said Emily Anagnostos, Iraq analyst at the Institute for the Study of War. - Trapped civilians - While the federal forces' attrition is said to be high, IS's had been undoubtedly higher and commanders have said the jihadists may no longer have the resources to defend east Mosul effectively. Recent incidents in the recaptured east point to the difficulty of ensuring remnants of IS have not blended in with the civilian population in a huge city which most residents did not flee ahead of the government offensive. Aid organisations had feared an exodus of unprecedented proportions before the start of the Mosul operation but half a million -- a significant majority -- of residents stayed home. Their continued presence prevented both sides from resorting to deadlier weaponry, which may have slowed down the battle but averted a potentially much more serious humanitarian emergency in the middle of winter as well as more extensive material damage to the city. "We are racing against the clock to prepare emergency sites south of Mosul to receive displaced families," the UN's humanitarian coordinator in Iraq, Lise Grande, said in a statement. Residents of west Mosul have reported very difficult living conditions and warned that they were already low on food, with weeks of fighting expected to lie ahead. Save the Children urged all parties to protect the estimated 350,000 children currently trapped in west Mosul. "This is the grim choice for children in western Mosul right now: bombs, crossfire and hunger if they stay -- or execution and snipers if they try to run," said the charity's Iraq director, Maurizio Crivallero. IS fighters and Mosul residents remained able to move across both sides of the city during much of the fighting in the east but all bridges across the Tigris have now been dropped and the jihadists in the west are all but besieged. IS has used civilians as human shields as part of its defence tactics and killed residents attempting to flee, making it both difficult and dangerous for the population to escape. https://www.yahoo.com/news/iraq-pm-announces-launch-operation-west-mosul-statement-043731792.html
    1 replies | 125 view(s)
  • harry's Avatar
    02-19-2017, 09:38 AM
    Arnstr Yong company displays readiness to played for detecting cases of corruption and fraudFebruary 19,2017 Baghdad/Iraq News Network-Global arnstr company Yong is ready to provide their services in the fight against corruption and fraud investigation and investigation of fictitious employees. Presidency statement said Ministers today: "Prime Minister Haider Abadi International Director David young arnstr company stalb, whose company was willing to offer their services in the fight against corruption and strengthen financial management and investigation of fraud and disputes and fictitious staff investigations " as Prime Minister Haider Abadi Siemens ceo Joe klser on the sidelines The Munich Security Conference. http://aliraqnews.com/%D8%B4%D8%B1%D9%83%D8%A9-%D8%A7%D8%B1%D9%86%D8%B3%D8%AA%D8%B1-%D9%8A%D9%88%D9%86%D8%BA-%D8%AA%D8%B9%D8%B1%D8%B6-%D8%A7%D8%B3%D8%AA%D8%B9%D8%AF%D8%A7%D8%AF%D9%87%D8%A7-%D9%84%D9%84%D8%B9%D8%A8%D8%A7/
    1 replies | 117 view(s)
  • harry's Avatar
    02-19-2017, 09:27 AM
    Because of corruption. The Central Bank announced foreign exchange reserves slid to 49 billion dollars!February 19 Baghdad/Iraq News Network- the Iraqi Central Bank announced on Sunday, the foreign exchange reserves slid to 49 billion dollars as a result of the continued decline in oil prices in the world market, said the Bank's Governor, relationship, at a press conference held by the Bank building today: "the Central Bank foreign currency reserves currently stood at 49 billion dollars," pointing out that "reserve depends on fiscal revenues from oil sales and Iraqi Central was revealed last June 2016 that foreign exchange reserves reached 53 billion Low $15 billion dollars on Iraq's financial reserve to 2015 which was then 68 billion dollars, adding "relations that the Central Bank has about two thousand Exchange Company and 30 are bank wire transfer company and 65 foreign currency outlets within the auction sale of the currency, which is insufficient to cover daily sales of Central Bank dollar. " dyed by saying, "the Central Bank will release the contractors bonds in March next, after the Bank had been paid to contractors during the last period of the bonds, but irresponsible statements for a number of administrators ( Without being referred to by) pushing the International Monetary Fund to request us to review those bonds. "Iraq is facing an economic crisis forced him to reduce the size of the fiscal budget as a result of low oil prices below $40 a barrel, and begin a policy of austerity in the annual federal budget. http://aliraqnews.com/%D8%A8%D8%B3%D8%A8%D8%A8-%D8%A7%D9%84%D9%81%D8%B3%D8%A7%D8%AF-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%8A%D8%B9%D9%84%D9%86-%D8%B9%D9%86-%D8%AA%D8%B1%D8%A7%D8%AC/
    1 replies | 156 view(s)
  • harry's Avatar
    02-19-2017, 09:56 AM
    Central bank: able to cover Iraq's international obligations February 19, 2017 announced the Iraq , international as well as foreign trade financing, as he emphasized that thecountry 's reserves of foreign currency within the "international standards." The governor of the central bank on the Keywords in a press conference attended by Alsumaria News, " The bank is able to cover Iraq 's international obligations and financing of foreign trade , " stressing that "Iraq 's reserve currency within the standards, and that the bank also covers the local currency by a large margin." http://www.alsumaria.tv/news/195623/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%82%D8%A7%D8%AF%D8%B1%D9%88%D9%86-%D8%B9%D9%84%D9%89-%D8%AA%D8%BA%D8%B7%D9%8A%D8%A9-%D8%A7%D9%84%D8%AA%D8%B2%D8%A7%D9%85%D8%A7%D8%AA-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A7%D9%84%D8%AF/ar
    0 replies | 143 view(s)
  • harry's Avatar
    02-21-2017, 09:38 AM
    Iraq and the International Monetary discuss the launch of a new batch of financial loan 2/21/2017 0:00 BAGHDAD / morning discussed the Minister of Finance Agency, Abdul Razzaq al - Issa, with the Minister Plenipotentiary for Economic Affairs at the US Embassy and the Commissioner of the International Monetary Fund Larry Mimut, the launch of a new batch of fund loan to finance the budget Almalah.oavad deficit to a ministry statement, received «morning», that «Alissa discussed during his meeting with Mimut, standby credit program with the international Monetary Fund requirements ». He said Essa, according to the statement, said that « the Iraqi government is committed to a program to prepare the credit and meet all requirements as part of the schedule». For his part, expressed Mimut, thanked the Iraqi government to closely monitor the details of the program and the completion of the steps required. http://www.alsabaah.iq/ArticleShow.aspx?ID=132180
    0 replies | 76 view(s)
  • harry's Avatar
    02-21-2017, 09:17 AM
    Keywords: cash reserve is reassuring for the next five years 2/20/2017 0:00 BAGHDAD / Tgb Hussein said the Iraqi Central Bank Governor Dr. On the Keywords that Iraq surpassed the biggest financial challenges faced in 2016 is pushing for the adoption of a real working mechanisms and Stratejat applied on the ground , contributing to the real multiplicity of financial resources in Iraq. Keywords said during a meeting with a number of journalists: that the central and despite a decline in imports of dollar from the sale of crude oil to 70 percent were able to maintain an acceptable level of cash reserves which is estimated with a group of foreign exchange and gold to $ 49 billion, and that covers the outer commitment and is a positive sign there is no problem in this matter, pointing out that it has received praise from specialized international organizations, and the reserve is calculated by the Central and the international Monetary Fund does not accurately raises concern for the next five years. Exchange rates , and pointed out that the exchange rates in the domestic market is still within acceptable limits compared with other countries , did not pass him who lived Iraq during the coming period, pointing out that the central Gannan sell the dollar in 2016 to $ 33 billion versus $ 44 billion compared with the year previous year . He pointed out that the year 2016 is the most complicated on the financial level , where the fiscal deficit 24 trillion outlets covering the shortfall amounted to was having great difficulty, but was rectify the financial situation , despite the country 's position in the access to external financing could be described as difficult were not we have only specialized international organizations, including the Fund IMF gives green light to get the debt through reports on the country concerned. Money laundering Keywords said that the central work of the interest in the subject of money laundering and financing of terrorism , which is one of the most important to deal with the International Monetary Fund standards and then the fund described toward the Iraqi Central positive, indicating that drew the IMF inflation index , which was brought under control , despite all the challenges faced by Iraq. And get regular meetings between the specialized financial affairs of Iraq and international organizations in order to stand at the most important developments in Iraq. The multiplicity of resources and pointed to the need to work towards the multiplicity of financial resources of the country and no longer be Iraq locked in oil imports , which exposed Iraq to threats in the exposure of any emergency, stressing that the move - out for the development of productive resources and by 5 percent a year is extremely important and reduce the dependence on oil resources a year after else. Keywords between, that previous budgets have not developed real industrial, agricultural and tourist sectors of the economy and the creation of this economic model have negatively impacted in fact, that the normal current economic cycle is not developing the national economy , where dependence on foreign imports. Central initiative and he pointed out that the central initiative to allocate $ 6 billion in light of the financial situation is difficult to productive and service sectors targeted for the activation of the production process and address the core of the economic problem in Iraq, pointing out that this initiative collided institutional reality that could not actually be invested on the ground, indicating we from which we have given messages that the Iraqi economy is able to get up. The danger zone and stressed that the central dish for 90 percent of international standards , which is 45 standard and we were able to force through the gray area to the Foreign - up area and we moved away from the area of danger. And sell the dollar , he said: The Central is related to the compliance with international rules and we have developed programs sell the dollar has been appointed international offices for that matter and foreign transfers, noting that the sale of the dollar unearned legitimize and is based on the Central Bank Law. Islamic banks in question "morning" on opening up to the granting of approvals for Islamic banks among the Keywords that a lot of people want to deal with this type of banks that experience under the spotlight and will be evaluated after a period of time. He disclosed that the Central is able to cover Iraq 's international obligations and financing of foreign trade, stressing that Iraq 's reserve currency within the standards, and that the bank also covers the local currency by a large margin. " http://www.alsabaah.iq/ArticleShow.aspx?ID=132085
    0 replies | 68 view(s)
  • harry's Avatar
    02-21-2017, 09:26 AM
    Efforts to restore Iraq's assets abroad 2/20/2017 0:00 BAGHDAD / Shokran Fatlawi tightened elite financiers, economists and policy experts at a seminar organized by the"Institute for the progress of policy development" on the need to release the details of the internal and external debt owed by Iraq , both those that date back to the time of the former regime or those that borrowed the government in recent years , with an indication of the trends debt and its goals and initiated the seminar which was led by Dr. Mehdi al - Hafez and attended the "morning" speech in which he said that Iraq today has two choices key sectors first the continuing desire to obtain external financial support by the agreement , which took place in the Paris Club in 2004 and committed Iraq whereby some foreign debt and the second is the search for Iraq 's money and restore response national interests , adding that World Bank loans and the Islamic development Bank and the European Union, Japan , the traditional and the debt of some of the Gulf states stand in the external financial dealings of Iraq , wondering at the same time about the possibility of abandoning loans and reliance on vulnerable local resources with the exception of oil revenues , which account for the largest space in the financial coverage of the State for his part, the financial advisor to the Prime Minister Dr. The appearance of Mohammed Saleh , said that the country succeeded in 2004 by writing off about $ 100 billion of its debts against the backdrop of the signing of the Paris Club agreement , which replaced whereby the sovereign debt owed by Iraq to the group of approximately 65 countries , including 19 countries within the club and 46 countries outside as the Convention applies to commercial debt amounting to $ 19 billion, under which debt reduction of up to $ 35 million and agreed to their owners to be reduced have been reimbursed about $ 4 billion out of the religion of $ 19 billion in debt trading, while the large debt has undergone other agreement of the Paris Club judge to deduct 80 percent the rest are scheduled over 18 years to pay semi - annual installments. Financial Advisor to the Prime Minister pointed to the larger problem, which is still in existence until the moment of debt outstanding for the Gulf States , which Tkdrbenho $ 41 billion despite the fact that some of this debt is not real, which halted its benefits under the Convention since 2007 after Iraq 's agreement to settle all its debts where we stayed for the debt stuck in religion books , and some of them were former regime military aid. And oriented himself Salih stressed the need for caution in dealing with the debt profile even to contact the chaos stage, pointing out that the debt will be subject to an external auditor in accordance with international standards for the release of debt precise and detailed status report will be issued during the coming period , while stressing the need to reconsider Convention " Paris Club "before the 2020 start repay what may expose the country to a crisis in the year 2022 date through move through diplomatic channels that includes all debt pre - 2003 on wards, especially with the presence of countries lent the former regime about violation of UN resolutions during the economic blockade and re - negotiate with all countries that have a debt dating back to the former regime and the whole audience at the conclusion of the symposium on the need to discuss the debt file details of the framework of transparency with the importance of working through government striving toward debt reduction or cancellation and cancellation of being one of the functions of those related to the debts of the Gulf states , which have not benefited especially the Iraqi economy. http://www.alsabaah.iq/ArticleShow.aspx?ID=132086
    0 replies | 62 view(s)
  • harry's Avatar
    Today, 09:20 AM
    us troops return .. Washington is considering a long-term presence of troops in Iraq February 24 .2017 chairman of the Joint Chiefs of Staff , US Army Gen. Joseph Dunford , said that his country is considering a plan long - term military presence in Iraq to help bolster stability after the defeat ahead to organize Daesh. This came in a speech Dunford at the Brookings Institution in the US capital, Washington, where he said: "We started and NATO dialogue with the Iraqi authorities about the long - term commitment to strengthen and maintain the capabilities of Iraqi security forces," pointing out that it "is not reached any decision yet ". It is noteworthy that NATO official said last week that the request of the Prime Minister Haider al - Abadi Alliance began training Iraqi forces this month, pointing out that the military presence of NATO in Iraq , has no expiration date. http://sumer.news/ar/news/16828/%D8%A7%D9%84%D9%82%D9%88%D8%A7%D8%AA-%D8%A7%D9%84%D8%A7%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9-%D8%AA%D8%B9%D9%88%D8%AF--%D9%88%D8%A7%D8%B4%D9%86%D8%B7%D9%86-%D8%AA%D9%81%D9%83%D8%B1-%D8%A8%D8%AA%D9%88%D8%A7%D8%AC%D8%AF-%D8%B7%D9%88%D9%8A%D9%84-%D8%A7%D9%84%D8%A7%D9%85%D8%AF-%D9%84%D8%AC%D9%86%D9%88%D8%AF%D9%87%D8%A7-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82
    0 replies | 13 view(s)
  • harry's Avatar
    Today, 09:05 AM
    good morning to all ds i pray that each and everyone will have a special blessing today
    1211 replies | 66631 view(s)
  • ksdunlap's Avatar
    Today, 07:19 AM
    Good morning DS. Harry I hope your stress test went well. Sis I'm glad someone paid things forward for you & your hubby. Ya'll do so much for others. God always knows what we need & sends it in many different ways. Please tell Bam Bam I'm sending up prayers & praying he doesn't have to have surgery. I hope everyone enjoys a very blessed & wonderful Friday & weekend. Stay safe.
    1211 replies | 66631 view(s)
  • Bondlady2's Avatar
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  • cool61mrn's Avatar
    Yesterday, 04:50 PM
    A hundred trillion ought to be enough to cover the USA, Europe, Russia and China at twenty-five trillion each backed by the USA since 2011. Things will prosper to the point of utter compulsion. This year as Iraq's budget and CBI ARE ON THE same page. Isis will be history in a month. The dinar is said to cover all international debt. So here we go.
    1 replies | 244 view(s)
  • tudor's Avatar
    Yesterday, 01:12 PM
    Big beautiful morning to you all! Harry, you are so right, God moved for us and we are very grateful. I will keep you all updated on Bam Bam, hope he doesn't have to have surgery. DodgerBoy, wee bit early here for any planting, in the 20's again at night and the highs low to mid 40's. Most of the snow is melted, but still a pile or two around. You have fun though! Have a great day all, we may get this RV yet! Here's hoping
    1211 replies | 66631 view(s)
  • harry's Avatar
    Yesterday, 11:14 AM
    good morning to all ds i pray that each and everyone will have a blessed day today and enjoy its, tudor GOD send someone to do a blessing of kindness to you and your husband, we are sending prayer to bam bam that the test for MRI comes back ok, dodgerboy i would keep those plant in awhlie before you put them in the ground
    1211 replies | 66631 view(s)
  • Bondlady2's Avatar
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  • DodgerBoy's Avatar
    02-22-2017, 10:04 PM
    Hello DS. I can't believe it is the middle of February as we have been enjoying spring time weather with average temps in the 70's for the past week here in the midwest. It's been SO nice I have started planting my vegetables in pots and taking them outside. rumor has it we might get snow this weekend and back down to the 30's. IF we keep this global warming stuff up maybe we will have springtime all year long:-) LOL
    1211 replies | 66631 view(s)
  • tudor's Avatar
    02-22-2017, 03:20 PM
    Me again. I just wanted to share an act of kindness from a friend I have never met. This person did something for my husband and myself that was truly selfless. Just wanted you all to know that there really is very good people out there. So never give up hope for our God loving/fearing humanity. Life is really good today!
    1211 replies | 66631 view(s)
  • tudor's Avatar
    02-22-2017, 01:07 PM
    Thank you harry for this article. Been waiting a long time to see this. I do believe this time he will be toast. I think Abadi went to Geneva and chatted with The Hague, the World Court about Maliki and his corruption etc. Would be good to have him tried in the international courts, IMO. Lets hope this is quickly taken to the courts. Justice may be lurking!
    4 replies | 204 view(s)
  • tudor's Avatar
    02-22-2017, 01:01 PM
    Good Wednesday morning to all! Jade, next time that nurse tries drawing too much fluid, kick the crap out of her, oops, me bad. Still praying for your leg to heal quickly so you can drive again. Harry, sorry for the loss of your cousin, may he be in heaven with the Lord. Praying for his family and yours. Also, the stress test is very important, that is how my husbands blockages first showed up, regular ekg didn't show a thing. So glad you asked for it to make sure all is good. Will pray that it is. On another note, Bam Bam could use some prayers, he goes in next week for an MRI on his gall bladder. Have a great week everyone.
    1211 replies | 66631 view(s)
  • harry's Avatar
    02-22-2017, 10:52 AM
    yes i also do so iraq government need to get onboard with its
    3 replies | 282 view(s)
  • harry's Avatar
    02-22-2017, 09:54 AM
    good morning to all ds i pray that everyone will have a blessed day today and enjoy its, jade we will pray that your leg will be heal so you can drive again. yesterday the doctor said all my test result was ok clean bill of health, i dont have heart problem its run in my mother side of family ,so i ask my doctor if i could have a stress test so he has set one up tomorrow morning, i just wanted to know for my self because that was the problem with my cousin.
    1211 replies | 66631 view(s)
  • cool61mrn's Avatar
    02-22-2017, 09:17 AM
    Follow the money. That's all Maliki is and when the dinar surpasses th ed USD, Maliki be locked inside his own country, a long with no prosperity for Iraq. Liquidated Iraq is what's coming, now that Obama and the rest of these tyrants have nothing.as well. Daniel 11:4. Cools take
    4 replies | 204 view(s)
  • cool61mrn's Avatar
    02-22-2017, 09:10 AM
    This one's for real. The 2017 budget is passed on time, the central bank is stating it has the ability to pay off international debt, and this statement is allowing a new door to open on dinar exchange rate referring to as it was before... It's coming suddenly Daniel 11:2 to 4..
    2 replies | 184 view(s)
  • cool61mrn's Avatar
    02-22-2017, 09:03 AM
    The battle for Mosul, ends March 16, 5 month's since October 16. (Revelation 9:11)
    1 replies | 148 view(s)
  • Bondlady2's Avatar
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  • ksdunlap's Avatar
    02-22-2017, 07:20 AM
    Happy Hump Day. Harry my prayers continue for all of your family. I'm glad you had a safe trip. Jade I'm saying prayers for your healing as well. Sounds like they need to start listening more to the you. I hope everyone has a wonderful day. Enjoy it & stay safe. Blessings to all.
    1211 replies | 66631 view(s)
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