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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  • tudor's Avatar
    Today, 05:05 PM
    Afternoon all! We had a great, stay-at-home anniversary! biscuits, eggs and sausage gravy breakfast. Brownies and ice cream for lunch and chicken/dressing casserole, rolls, green beans, etc. for dinner. Lots of love and hugs the rest of the day! Laid back and relaxing. Still plan to go out for our anniversary once the weather is nice. Celebrate twice! nothing wrong with that. Hope you all had a great Valentine's Day with your special someone. Sure wish Iraq would brighten our day, maybe someday....
    1026 replies | 65494 view(s)
  • ksdunlap's Avatar
    Today, 07:29 AM
    Good morning DS. Tudor staying in sounds like a good idea for now. There are other ways of celebrating. I hope everyone has. Great day & weekend. Be safe.
    1026 replies | 65494 view(s)
  • tudor's Avatar
    Yesterday, 01:56 PM
    Happy Valentine's Day to all you wonderful DS'ers! Do something nice for someone special today. Thank you ksd, guardian and harry for the anniversary wishes. We are staying in and enjoying the day in safety. Still have over a foot of snow and yesterday dropped another 3 inches. Today is sleet/snow turning back to snow this afternoon with only a couple inches forecast. Then we are supposed to not get any til maybe next week. Going to enjoy our anniversary out once the roads are clear, so today we celebrate at home, nice and cozy! DodgerBoy, great statement about God putting us where we need to be. Guardian, I know today is bitter sweet for you, but please enjoy a sweet valentine message to you from all of us....Happy Valentine's Day! sent with loving hugs
    1026 replies | 65494 view(s)
  • guardian's Avatar
    Yesterday, 12:17 PM
    To Everyone! ;) Thank You ksd and Happy Anniversary Tudor!
    1026 replies | 65494 view(s)
  • harry's Avatar
    Yesterday, 10:40 AM
    A parliamentary proposal to exploit the oil of Salah al-Din in its lifetime 2/14/2019 MP Salah al-Din, Manar Abdul-Muttalib, on Thursday, to exploit the oil located in Salah al-Din in the reconstruction of areas devastated by terrorism in the province, pointing out that the government is required to come investment companies in return for giving part of the oil located in wells of Salah al-Din. "The province of Salah al-Din owns a group of oil wells in its farms, as these wells have been closed for a long time and could not be exploited by any company because of the security situation in the province previously," Abdul Muttalib said in a press statement. "Salah al-Din has a suitable ground for reconstruction and construction, especially since it has land destroyed by terrorist acts. The province does not need funds from the state budget to the extent that it needs to exploit the existing resources for reconstruction." Abdul Muttalib suggested that "the government to come with investment companies to build the province and develop its infrastructure and give them part of the oil located in oil wells closed in its territory instead of paying money to those companies, and thus not overheating the state budget." http://aletejahtv.com/archives/279644
    0 replies | 60 view(s)
  • harry's Avatar
    Yesterday, 10:37 AM
    Parliament: The government has not challenged any paragraphs in the budget 2/14/2019 The Presidency of the House of Representatives confirmed on Thursday that the federal government has not challenged any paragraphs in the general budget law for 2019, referring to the coordination between the government and parliament. The second deputy speaker of the House of Representatives Bashir Haddad said in an official newspaper "Sabah" that "the government has not yet challenged any of the paragraphs of the budget, because before we start legislation of any law depends on financial aspects coordinated with the government first before voting on the paragraphs of the law. "Haddad said that "a positive step that there is coordination between presidencies on the paragraphs of laws that contain financial or other aspects." http://aletejahtv.com/archives/279749
    0 replies | 45 view(s)
  • harry's Avatar
    Yesterday, 10:34 AM
    Parliament reveals corruption in tens of billions in the province 2/14/2019 A member of the House of Representatives for the province of Nineveh Ahmed Jubouri, on Thursday, a file of corruption worth tens of billions in the province. We have just received a 15-dinar document, worth 60 billion dinars in cash, distributed to rubble, treat patients, tents for the displaced, bedrooms and household electrical items," Jubouri told Reuters in a social networking site. He added that "from the disbursement of this money (architecture of the local administration), which supervised the settlement of the advances and falsification of facts and theft of money, ordered by the governor," he said. http://aletejahtv.com/archives/279755
    0 replies | 52 view(s)
  • harry's Avatar
    Yesterday, 10:22 AM
    Special Parliament reveals the most prominent laws to be presented in the new legislative term 2/14/2019 A member of the legal committee, Hussein Ali Karim Fenjan, on Thursday, that the House of Representatives seeks to enact and approve a number of important laws affecting the Iraqi citizen, in the second legislative term. "There are priorities for the laws set by the relevant committees, and this depends on the type of law and the delay, some laws need to be discussed and intensive dialogues in some others can not be delayed," he said in a statement. He pointed out that "there is a tendency to pass laws (the Federal Court, the financial management of the public debt, and the new civil service law), we hope to vote in the new chapter," noting that "there is slow in the work of the House of Representatives in connection with the convening of meetings, Accelerate the passage of important laws. " http://aletejahtv.com/archives/279761
    0 replies | 51 view(s)
  • harry's Avatar
    Yesterday, 10:13 AM
    Pence addresses Iraq at the Warsaw Conference and writes an apocalyptic ending and calls it the "most dangerous" challenge 2/15/2019 US Vice President Mike Pence said the Iranian regime is "the world's largest financier of terrorism." Speaking at the Warsaw Conference on Middle East Peace and Security, Pence said Washington would work with all participants in the meeting to meet the challenges facing the region. He explained that his country is working to establish an alliance between several countries to eliminate extremism, describing it as the most serious challenges facing the region. He stressed that Washington will make use of its military forces to eliminate terrorism, noting that "Caliphate" advocated "the alleged will be something of history soon." "We will maintain our strong presence in the Middle East, and the decision to withdraw from Syria is a change in tactics but not a strategic change," he said. "The Trump administration will work to achieve lasting peace between the Palestinians and Israel," Pence said. "We are ready to deter any new use of chemical weapons by the Syrian regime." He also stressed that "Iran represents the greatest threat to security and stability in the Middle East, and the Iranian regime is the first sponsor of terrorism in the region." "The Iranian-backed militias in Iraq continue to attack our forces," he said. http://sumer.news/ar/news/33853/%D8%A8%D9%86%D8%B3-%D9%8A%D8%AA%D8%B7%D8%B1%D9%82-%D9%84%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A8%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%D9%88%D8%A7%D8%B1%D8%B3%D9%88-%D9%88%D9%8A%D9%83%D8%AA%D8%A8-%D9%86%D9%87%D8%A7%D9%8A%D8%A9-%D8%AF%D8%A7%D8%B9%D8%B4-%D9%88%D9%8A%D8%B3%D9%85%D9%8A-%D8%A7%D8%AE%D8%B7%D8%B1-%D8%AA%D8%AD%D8%AF%D9%8A
    0 replies | 57 view(s)
  • harry's Avatar
    Yesterday, 09:54 AM
    good morning to all ds i pray that everyone will have a special blessing to day and a happy valentine day to all and happy anniversary to Tudor and Guardian.
    1026 replies | 65494 view(s)
  • Bondlady2's Avatar
    1026 replies | 65494 view(s)
  • ksdunlap's Avatar
    Yesterday, 07:40 AM
    Good morning & Happy Valentine’s DS. Happy Anniversary to tudor & your Love. Happy Anniversary guardian! You are in my thoughts today. I hope everyone enjoys a beautiful day! Be safe.
    1026 replies | 65494 view(s)
  • b1955's Avatar
    02-13-2019, 11:18 AM
    Happy Hump Day to all of DS. :) :) :)
    1026 replies | 65494 view(s)
  • harry's Avatar
    02-13-2019, 09:19 AM
    The freezing of the money of a money exchange company in Erbil and two persons on charges of financing terrorism 2/13/2019 The Committee on the freezing of terrorist funds on Wednesday issued a decision to freeze the money of a money exchange company in Erbil and two persons on charges of financing terrorism. According to the decision, "based on the book of the Office of Anti-Money Laundering and Terrorism ... the Committee on the freezing of terrorist funds at its first regular session, the freezing of movable and immovable funds and persons listed by Dubai Horizons to mediate the sale and purchase of foreign currency in the province of Erbil, Omar Abd Al Halim Muttani, the Company's Managing Director, with a 49% contribution, and Nakar Akram Osman, Deputy Managing Director of the Company with 51% contribution. The Committee noted that the decision "shall be implemented as of the date of its issuance".It referred to the "generalization of this decision on the ministries and entities not associated with the Ministry and the provinces and all provincial councils and financial and non-financial institutions and the relevant departments for the purpose of taking appropriate actions on the entity and persons referred to above." "This decision will be published immediately in the Official Gazette and the AML / CFT website," she said.Earlier in the day, the US Treasury Department imposed sanctions on an Iraqi-based financial firm involved in supporting the terrorist organization The ministry said in a statement that the Office of Foreign Assets Control imposed sanctions on the company "Horizons Dubai" exchange because it was diverting funds to favor in Syria and Iraq and provide him with financial or technological support or other services. "Dubai Horizons" is part of the financial network linked to Dahesh's support and includes companies providing financial services, remittances, and facilitators of financial transactions in the Middle East. http://burathanews.com/arabic/economic/345354
    0 replies | 103 view(s)
  • harry's Avatar
    02-13-2019, 08:31 AM
    good morning to all ds i pray that everyone will have a blessed day
    1026 replies | 65494 view(s)
  • Bondlady2's Avatar
    1026 replies | 65494 view(s)
  • harry's Avatar
    02-12-2019, 09:09 AM
    Special Parliamentarian talks about "merging ministries" to cut costs 2/12/2019 A member of the reform coalition, Abbas Sarut, said on Tuesday that there is a tendency to merge some ministries with each other, indicating that this will reduce the financial expenses. "Iraq is going through a difficult economic situation, which has to reduce costs," Sarot told Trend News. "The issue of merging some ministries will reduce these costs." "It is possible to merge the ministries of irrigation and agriculture, and the ministries of industry and trade, where one minister can run two ministries are similar in some tasks and responsibilities." And raised parliamentary movements on the separation of the Ministry of the environment from health, and the surprise and questions by legal observers, after the integration and streamlining of ministries in the government of Haider Abadi, to reduce corruption and prevent slack in ministries. http://aletejahtv.com/etejah-press/archives/283690
    0 replies | 79 view(s)
  • harry's Avatar
    02-12-2019, 08:58 AM
    Federal Court ruled unconstitutional establishment of special and special courts 2/12/2019 The Supreme Federal Court , on Tuesday, unconstitutional establishment of special and special courts, attributed to the violation of its establishment Article 95 of the Constitution. The official spokesman of the court Ayas al-Samuk said in an interview with Alsumaria News, "The Federal Supreme Court has already issued an explanation of the number (111 / Federal / 2015) on special and exceptional courts mentioned in Article 95 of the Constitution , " noting that " That the special and special courts are not always characterized, and be formed outside the framework of the federal judiciary . He added that "these courts in accordance with the interpretation of the Federal Supreme Court is temporary disappear after the circumstances of its formation, and does not require a judge who meets the availability of legal conditions as required for the jurisdictions of the federal jurisdiction, pointing out that "the Federal Supreme Court ruled unconstitutional establishment of these courts because its composition violates the provisions of Article (95) of the Constitution." " He stressed that" all decisions issued by the Federal Supreme Court are binding and binding on all jurisdictions on the basis of Article (94) of the Constitution. " https://www.alsumaria.tv/news/260628/%D8%A7%D9%84%D9%85%D8%AD%D9%83%D9%85%D8%A9-%D8%A7%D9%84%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF%D9%8A%D8%A9-%D8%AA%D9%82%D8%B6%D9%8A-%D8%A8%D8%B9%D8%AF%D9%85-%D8%AF%D8%B3%D8%AA%D9%88%D8%B1%D9%8A%D8%A9-%D8%A3%D9%86%D8%B4%D8%A7%D8%A1-%D8%A7%D9%84%D9%85%D8%AD%D8%A7%D9%83%D9%85/ar
    0 replies | 62 view(s)
  • harry's Avatar
    02-12-2019, 08:51 AM
    Washington unveils goal of US defense secretary's visit to Baghdad 2/12/2019 (International: Al Furat News) US Defense Secretary Patrick Chanahan arrived in Baghdad on Tuesday for an undeclared visit. The US State Department said the visit "aims to emphasize the importance of Iraq's sovereignty and discuss the future of US forces there." The visit comes after US President Donald Trump said this month that the US presence was needed to monitor Iran. On his first visit to Iraq, Chanahan planned to discuss the withdrawal of US troops from Syria with US commanders and meet with Iraqi officials, including Prime Minister Adel Abdul Mahdi. http://alforatnews.com/modules/news/article.php?storytopic=36&storyid=188086
    0 replies | 79 view(s)
  • harry's Avatar
    02-12-2019, 08:29 AM
    Kuwait signs agreement to grant $ 85 million for reconstruction of Iraq 2/12/2019 The Kuwait Fund for Arab Economic Development (Hukoomi) has signed a $ 85 million grant agreement with the Fund for Reconstruction of Areas Affected by Terrorist Operations in Iraq. A statement by the Kuwait Fund, reported by the Anatolia Agency, said on Tuesday that the agreement is part of the $ 100 million total grant announced by Kuwait during the donor conference to support Iraq and contribute to humanitarian coverage in February of 2018. He pointed out that the funds to be disbursed are aimed at establishing new projects that include the construction, rehabilitation and equipping of 32 health centers and hospitals distributed to the affected governorates, as well as civil, architectural and electrical works. Kuwait has already provided 3 loans to finance projects in the energy, industry and education sectors with a total of 30 million dinars ($ 98 million) in addition to managing four grants for social sector projects worth 87 million dinars (about 286 million dollars). In February 2018, Kuwait hosted the Iraq Reconstruction Conference, through which donor countries donated $ 30 billion in reconstruction and reconstruction, but the Iraqi government confirms that what it has actually received is Kuwaiti aid. Last year, the Iraqi government estimated the actual need to rebuild the country at $ 88.2 billion over 10 years. Infrastructure in the northern and western provinces has been badly damaged over three years of fighting between the Iraqi forces and the Daash organization, which seized control of a third of the country's territory in mid-2014, before taking it out of the organization by the end of 2017. https://www.albawaba.com/ar/%D8%A3%D8%B9%D9%85%D8%A7%D9%84/%D8%A7%D9%84%D9%83%D9%88%DB%8C%D8%AA-%D8%AA%D9%85%D9%86%D8%AD-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-85-%D9%85%D9%84%DB%8C%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%84%D8%A5%D8%B9%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D8%A5%D8%B9%D9%85%D8%A7%D8%B1-1251542
    0 replies | 83 view(s)
  • Bondlady2's Avatar
    1026 replies | 65494 view(s)
  • harry's Avatar
    02-12-2019, 08:01 AM
    good morning to all ds i pray that everyone will have a blessed day today.
    1026 replies | 65494 view(s)
  • harry's Avatar
    02-11-2019, 09:49 AM
    Justice announces the publication of the budget of 2019 Iraqi newspaper facts 2/11/2019 The Ministry of Justice announced on Monday the issuance of the new issue of the Iraqi Gazette No. (4529) on the Federal Budget Law No. 1 of 2019 approved by the House of Representatives and approved by the President of the Republic. The Director General of the Iraqi Facts Department Kamel Amin Hashim said in a statement received by Alsumaria News, a copy of it, "the budget law to ensure the transfer of money from some ministries to the liberated provinces and the province of Basra and detailed sentences in terms of spending, investment and loans," noting that "the law included the request of the Council The Ministry of Electricity, as well as continuing to grant staff five-year leave and the introduction of grades for the popular mobilization and tribal mobilization. " "The number also includes the law banning the importation of food products, as well as agricultural products that have a similar local product, according to the agricultural calendar," he added. The Iraqi fact sheet included the details of the budget and its adjustments for the current year 2019. https://www.alsumaria.tv/news/260501/%D8%A7%D9%84%D8%B9%D8%AF%D9%84-%D8%AA%D8%B9%D9%84%D9%86-%D9%86%D8%B4%D8%B1-%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9-2019-%D8%A8%D8%AC%D8%B1%D9%8A%D8%AF%D8%A9-%D8%A7%D9%84%D9%88%D9%82%D8%A7%D8%A6%D8%B9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A%D8%A9/ar
    0 replies | 95 view(s)
  • harry's Avatar
    02-11-2019, 09:32 AM
    IMF: Public debt in half of Arab countries currently exceeds 90% of GDP 2/10/2019 The International Monetary Fund (IMF) on Sunday warned Arab countries of a rapid rise in public debt due to the continued rise in the budget deficit since the global financial crisis in 2008. "Unfortunately, the region has not yet fully recovered from the global financial crisis and other major economic upheavals of the past decade," IMF Managing Director Christine Lagarde said at the Fourth Public Finance Forum in Dubai. Lagarde added that "economic growth has improved among oil-importing countries only, but it is still below pre-crisis levels." Public debt in Arab oil importing countries rose from 64 percent of GDP in 2008 to 85 percent in 2018. Lagarde stressed that public debt in about half the Arab countries currently exceeds 90% of GDP, noting that "the next economic path of the region is fraught with challenges." And called on oil-exporting countries to use renewable energy in the coming period in line with the Paris Climate Convention, which provides for reducing emissions harmful to the environment. Lagarde called on countries in the region to achieve greater transparency, reforms and anti-corruption measures. Last month, the International Monetary Fund cut its forecast for economic growth for Saudi Arabia, the world's largest oil exporter, and for the Middle East and North Africa region due to falling oil prices, declining production and geopolitical tensions. http://alahadnews.net/index.php/permalink/141878.html
    0 replies | 87 view(s)
  • harry's Avatar
    02-11-2019, 09:27 AM
    Parliamentary Finance Committee: Parliament commits the government not to go to external borrowing 2/11/2019 The Parliamentary Finance Committee said on Monday that the House of Representatives has committed the current government not to go towards external borrowing to fill the fiscal deficit in the federal budget for 2019 to curb the rise of external debt of the country, while confirmed that it will resort to domestic borrowing in case of falling price of selling oil below $ 50. "The government informed us that the price of oil will rise during the next month to approximately $ 65 a barrel, according to economic study," pointing out that "the expected increase will be exploited to fill the shortage of previous months a T suffered a drop in oil prices below $ 50. " She added that "the House of Representatives committed the current government after going to external borrowing to fill the fiscal deficit in the federal budget for 2019 because of the rise of external debt of the country and prevent the fatigue of the government benefits of external loans," indicating that "the government is entitled only to gold to domestic borrowing to fill the financial deficit In the event of a drop in the price of selling oil below the $ 50 in the coming months. "The economic expert Majid al-Suri, the first Saturday, that the federal budget for 2019 wrongly according to political and regional quotas and free from economic planning, between the sale of oil barrels by 50 Will bring the country to a new financial deficit of $ 8 billion to $ 400 million a year. http://alahadnews.net/index.php/permalink/142145.html
    0 replies | 87 view(s)
  • harry's Avatar
    02-11-2019, 08:50 AM
    good morning to all ds i pray that everyone will have a blessed day and enjoy its. Dodgerboy you right God does place us where we need to be and look after us.
    1026 replies | 65494 view(s)
  • ksdunlap's Avatar
    02-11-2019, 07:24 AM
    Good morning DS. Harry I’m the same as you! I’m not a cold weather person. DodgerBoy said it perfect “I guess God put us where we can handle it”. Tudor & DodgerBoy please stay safe if you have to get out. I hope everyone has a great day.
    1026 replies | 65494 view(s)
  • DodgerBoy's Avatar
    02-10-2019, 06:39 PM
    Harry, While this polar vortex is making it colder then normal, I don't know how you handle all the heat and humidity down there in the summer time. I guess God put us where we can handle it:cool:
    1026 replies | 65494 view(s)
  • guardian's Avatar
    02-10-2019, 11:05 AM
    Director of studies and operations in the Bank of Rashid Abdul-Muttalib Abdul Jalil to (Tigris): raising zeros reduces the monetary mass and needs a decision from the top 02-06-2019 05:13 PM The director of studies and operations in the bank Rashid Abdul Muttalib Abdul Jalil said in a statement to (Tigris) that raising zeros reduces the monetary mass and continued that the adoption of this resolution needs to be the decision of higher bodies and not the Central Iraqi Bank. The Abdul Jalil details misled by the media, including what remarks on the Rasheed Bank wondering who are those bodies that have been spotted. He added that Al-Rasheed Bank offers banking facilities in the discount and overdraft, explaining that the subject of the sponsor is not as is customary, but he only signs the bill of interest for the first six months. He pointed out that the housing loans come in two forms, first of which is the liberated areas, which the government required to contribute to the reconstruction of liberated areas and was distributed between the bank of Rashid and Rafidain Anbar, Ninewa, Diyala and Salahuddin. He pointed out that the 30 million advance is exempted from interest in the first five and five years and bears a benefit of seven percent. Kavsha said that the loans of employees depend on the amount of salary and range from 5-10 million dinars. Abdul Jalil added that the loans of small projects up to 50 million dinars maximum. Stressing the cancellation of the mortgage and replaced by a bail in granting loans and continued interest in the bank is less than other banks or parallel to them. Abdul Jalil announced the advantages in the Rasheed Bank, where he fired a master cadre of palm to pay the salaries of employees owned by the bank and not contracted with companies and denied the cut of 21 thousand for the payment of salaries exaggerated and not true, but a free service to encourage people on the electronic card. He added that the payment of salaries through the system of electronic clearing does not delay one day, unless there is a technical defect in communications. Abdul Jalil pointed out that the Rasheed Bank is heading towards the implementation of the comprehensive electronic system, which protects the customer with an international number, stressing that the commission issuing MasterCard card in the bank Rashid only 10 thousand dinars. http://www.dijlah.tv
    0 replies | 156 view(s)
  • harry's Avatar
    02-10-2019, 09:09 AM
    Integrity: seized two cases of nearly six billion dinars at the Agricultural Bank in Maysan 2/10/2019 The Department of Investigation of the Integrity Commission, on Sunday, seized the priorities of the purchase of two accounts in the Agricultural Bank in Maysan province , indicating that the two bills worth more than five and a half billion dinars. The department said in a statement received by Alsumaria News a copy of it, "A team from the Office of Investigation Maysan of the Commission moved to the Agricultural Bank, was able to control the priorities of the purchase of the two cases that have been transferred to a branch of government banks in Baghdad." She explained that "the preliminary investigations conducted by the team led to the disclosure that the two accounts worth (5,680,000,000) billion dinars," indicating that "one of them forged, and the other procedures were issued contrary to the instructions in force." The Department added that "a record of the seizure of assets seized with the seized prerogatives and presented to the competent investigating judge to take appropriate legal action." https://www.alsumaria.tv/news/260430/%D8%A7%D9%84%D9%86%D8%B2%D8%A7%D9%87%D8%A9-%D8%B6%D8%A8%D8%B7-%D8%AD%D9%88%D8%A7%D9%84%D8%AA%D9%8A%D9%86-%D8%A8%D9%82%D8%B1%D8%A7%D8%A8%D8%A9-%D8%B3%D8%AA%D8%A9-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AF%D9%8A%D9%86%D8%A7%D8%B1-%D9%81%D9%8A-%D8%A7%D9%84/ar
    0 replies | 83 view(s)
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