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
    Yesterday, 06:54 AM
    good morning to all ds i pray that everyone will have a blessed day today.
    360 replies | 16355 view(s)
  • Bondlady2's Avatar
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  • ksdunlap's Avatar
    06-18-2018, 01:12 PM
    Good afternoon everyone! I hope you enjoy the rest of your day.
    360 replies | 16355 view(s)
  • harry's Avatar
    06-18-2018, 07:37 AM
    Rafidain demands the Central Bank to invest billions of deposits of its customers6/17/2018 Rafidain Bank, the central bank of Iraq, has called for the investment of billions of customers' deposits in order to manage liquidity. The bank demanded, according to a document published by local media, and informed by al-Marbid, to invest a fixed deposit of 500 billion dinars from customers' deposits for 30 days and the monthly interest. He also called for the investment of a fixed deposit of five hundred million dollars, for five years, renewed annually, at an annual interest rate of 1.5% ؜ as a measure to manage the liquidity of the bank, as well as a deposit of two hundred and fifty million dollars for the overnight investment, . These measures, according to the directives of the Governor of the Central Bank, were to manage liquidity, to hedge and to meet withdrawals from the bank's customers and deposits. http://www.almirbad.com/news/view.aspx?cdate=17062018&id=8235b145-2d30-4e1d-9c58-aa36fd2785ca
    0 replies | 98 view(s)
  • harry's Avatar
    06-18-2018, 07:22 AM
    good morning to all ds i pray that everyone will have a blessed day and enjoy its.
    360 replies | 16355 view(s)
  • Bondlady2's Avatar
    360 replies | 16355 view(s)
  • tudor's Avatar
    06-17-2018, 11:48 AM
    Happy Father's Day!!! Hope all you father's are being pampered today as you should be! Enjoy and God bless you all!
    360 replies | 16355 view(s)
  • guardian's Avatar
    06-17-2018, 11:15 AM
    Good Morning!
    360 replies | 16355 view(s)
  • ksdunlap's Avatar
    06-17-2018, 08:55 AM
    Good morning DS. Happy Father’s Day to all the Dad’s & to those that have had to take on the role of a father. Enjoy your day & be safe & blessed.
    360 replies | 16355 view(s)
  • harry's Avatar
    06-17-2018, 08:29 AM
    State law: Maliki did not run for prime minister so far 6/17/2018 Media treasures / Baghdad ... MP on the coalition of state law, Abdul Salam al-Maliki, on Sunday, that the right of any party to submit candidates for prime minister, criticizing the voices that put red lines on some parties. Maliki said in a statement that "the head of a coalition of state law and the Secretary-General of the Dawa Party, Nuri al-Maliki, has not run so far for prime minister, but his coalition will present a number of candidates for the presidency of the new government." He added that "we in the coalition of the rule of law we have no red lines on anyone," noting that "the issue of choosing the new prime minister subject to the will of regional and international forces." "Maliki said," our negotiations with the alliance and other Fatah winning blocs in the elections continues within the national space, "revealing that" dialogues to form a new government stipulated not to marginalize anyone. " He pointed out that "all the alliances that have been announced are just agreements," stressing that "the political process is not built on agreements alone, but requires covenants and covenants." http://www.knoozmedia.com/347035/%D8%AF%D9%88%D9%84%D8%A9-%D8%A7%D9%84%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%83%D9%8A-%D9%84%D9%85-%D9%8A%D8%B1%D8%B4%D8%AD-%D9%86%D9%81%D8%B3%D9%87-%D9%84%D8%B1%D8%A6%D8%A7/
    0 replies | 83 view(s)
  • harry's Avatar
    06-17-2018, 08:24 AM
    Iraq looks at the requests of foreign companies to invest in the port of Faw 6/17/2018 Media treasures / Baghdad ... The Ministry of Transport announced the formation of a joint stock company to manage the port of Faw with a capital of $ 1.3 billion, in addition to considering the requests of foreign companies wishing to invest in this port, which she described as the most prominent economic event. Minister of Transport Kazem Venjan Al-Yamami said in a statement that "there is a clear progress in the work of the port, especially after the receipt of the Iraqi ports breaker of the eastern waves during the last year by the executing company, where we provided all the possibilities to accelerate its implementation after meeting with companies working in it and overcome the obstacles before it" . He added that "the ministry is in the arrangement of meetings with the relevant authorities to reach the best way to achieve the port and to identify the problems facing them in the implementation of this large project, which will change the map of global transport, and will be a great support and important for the Iraqi economy for the jobs will provide the stages of implementation and management and accommodate Many hands ". He stressed that "Basra will have a share in this vital and strategic project through the activation of the private sector, as a real partner in the construction, and the involvement of all other foreign companies wishing to invest in the port of Faw," pointing to "great benefits will be thrown economic effects in several areas and areas" . For his part, said economic expert Nabil Marsoumi, "The port in the event of completion will provide the state treasury of $ 2 billion annually, and provides jobs for more than 70 thousand workers, and leads to revitalize economic life in a large format, not only in Basra, but in All of Iraq ". He pointed out that "the study reached the lack of seriousness of successive governments in the completion of the project, as it did not allocate the necessary financial resources for implementation," ruling out "the advent of companies to invest directly in the port before the completion of infrastructure." http://www.knoozmedia.com/346990/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%8A%D9%86%D8%B8%D8%B1-%D9%81%D9%8A-%D8%B7%D9%84%D8%A8%D8%A7%D8%AA-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%A7%D9%84%D8%A3%D8%AC%D9%86%D8%A8%D9%8A%D8%A9/
    0 replies | 89 view(s)
  • harry's Avatar
    06-17-2018, 08:18 AM
    The dollar and gold exchange rates in Iraq on Sunday 6/17/2018 The wisdom - follow - up: The exchange rate of the dollar, on Sunday, a slight rise against the dinar in the local currency market. According to the wisdom of the stock market in Baghdad and some provinces, the price of selling the dollar in Baghdad today 120 thousand dinars and the purchase price 120 thousand dinars compared to $ 100. On the Basra Stock Exchange, the sale price today was 121 thousand and 800 dinars, and the purchase price 123 thousand and 750 dinars for one hundred dollars. While the price of selling the dollar on the Arbil Exchange today 125 thousand and 250 dinars, the purchase price 125 thousand and 200 dinars compared to $ 100, while yesterday was 125 thousand 450 dinars, and the purchase price 125 thousand and 400 dinars compared to $ 100. The price of Iraqi gold, today, at 222 thousand dinars for one weight. The price of the gold weight of the caliber of 21, today 222 thousand, while yesterday recorded the same price of 221 thousand also. " It is noted that the weight of one gold is equal to 5 grams. http://www.alhikmeh.org/news/archives/134257
    0 replies | 79 view(s)
  • harry's Avatar
    06-17-2018, 07:52 AM
    good morning to all ds i pray that everyone will have a special bessing today and to all the father a happy father day.
    360 replies | 16355 view(s)
  • Bondlady2's Avatar
    360 replies | 16355 view(s)
  • harry's Avatar
    06-16-2018, 07:34 AM
    good morning to all ds i pray that everyone will have a blessed weekend and enjoy its.
    360 replies | 16355 view(s)
  • Bondlady2's Avatar
    360 replies | 16355 view(s)
  • harry's Avatar
    06-15-2018, 07:49 AM
    Nechirvan Barzani: intensive talks with Baghdad after the Eid 6/15/2018 (Baghdad: Al-Furat News) The head of the Kurdistan Regional Government, Nechirvan Barzani, support any step and initiative seeking to get out of the crisis and save the political process in Iraq. Barzani said in a speech that "the initiative of Prime Minister Haider Abadi, can solve many of the internal and external problems if it pours and lead to serious talks to establish a broad coalition and the launch of an effective government." He added that "we look forward after the Eid holiday, to intensive discussions and responsible in Baghdad and with all parties concerned, for the purpose desired," noting that "we support any step and initiative seeking to get out of the crisis in Iraq." Prime Minister Haider al-Abadi called on the political blocs to hold a high-level meeting immediately after the Eid al-Fitr holiday and in the place to be decided later after consultation "to put our hands in the hands of some to protect the homeland and citizens and ensure the integrity of the political process and democratic gains And agree on specific mechanisms to accelerate the formation of constitutional institutions as best as possible and relying on our national decision and the interests of our country and our people. " http://alforatnews.com/modules/news/article.php?storyid=167087
    0 replies | 102 view(s)
  • harry's Avatar
    06-15-2018, 07:42 AM
    URGENT Pakistani Taliban leader killed in US raid 6/15/2018 International: Al Furat News) The Afghan Defense Ministry announced on Friday that the United States informed her that the Pakistani Taliban leader, called Mullah Fadlullah, was killed in an air strike. US media reported earlier that the US military launched a raid in the eastern province of Kunar on the border with Pakistan, targeting an unidentified terrorist. "US forces launched a strike against terrorism on June 13, in the state of Kunar near the border between Afghanistan and Pakistan," Army spokesman Lieutenant Colonel Martin O'Donnell said in a statement. In March, the US State Department announced a $ 5 million reward for helping to uncover the whereabouts of Maulana Fazlullah, blamed by Washington for many attacks in Pakistan, as well as an attempted car bombing in Times Square in New York in 2010. According to the State Department, the Pakistani Taliban have a "close alliance with al Qaeda" and have also trained Faisal Shehzad, who tried to detonate a car bomb in Times Square. In 2014, the terrorist group adopted an attack on a school in Peshawar that . resulted in a massacre that killed more than 150 people. http://alforatnews.com/modules/news/article.php?storyid=167090
    0 replies | 70 view(s)
  • Bondlady2's Avatar
    360 replies | 16355 view(s)
  • ksdunlap's Avatar
    06-15-2018, 07:28 AM
    Good morning DS. Thank you harry. I think we all needed the time away. Be careful when out doing your yard work, don’t get too hot. I hope everyone enjoys a wonderful, safe & blessed day & weekend.
    360 replies | 16355 view(s)
  • harry's Avatar
    06-15-2018, 07:15 AM
    good morning to all ds i pray that everyone will have a blessed day today and enjoy its . well its yard work for me today.
    360 replies | 16355 view(s)
  • harry's Avatar
    06-14-2018, 08:08 AM
    Conscious / Central Bank allows the withdrawal of cash from points of sale and determines the commission rate 6/14/2018 The Central Bank announced on Thursday that citizens will be allowed to withdraw cash from the points of sale distributed by the agents of the electronic payment companies and traders in the markets, indicating that the customer's ceiling is 2 million dinars per day, provided that the commission rate does not exceed (0.006) during the day. The bank said in a statement received (Iraqi News Agency Information / INA) a copy of it, he decided to "allow citizens to withdraw cash from points of sale deployed at the agents of electronic payment companies and traders in the Iraqi market," noting that "this comes to organize electronic payments and within the strategic plan For this bank to switch to electronic payment in a sound and orderly environment. " He explained that "cash withdrawals are made by authorized agents or dealers contracted by electronic payment companies to provide various services, including cash withdrawals, provided that the bank is provided with an updated register of their names and periodically adopting procedures to ensure compliance with the laws and combating money laundering Terrorism financing and electronic payment services. "He added that "the ceiling of the customer's cloud was set at 2 million dinars per day and the percentage of the commission is updated not exceeding (0.006) during the day and the commission should not be less than two thousand dinars and must be visible in the tape to the customer," noting that " (Key Card, Master Card, Visa Card) will do the same. http://al-iraqnews.com/news/newwss/economic-news/228741-%D9%88%D8%A7%D8%B9-%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%B3%D9%85%D8%AD-%D8%A8%D8%A7%D9%84%D8%B3%D8%AD%D8%A8-%D8%A7%D9%84%D9%86%D9%82%D8%AF%D9%8A-%D9%85%D9%86-%D9%86%D9%82%D8%A7%D8%B7-%D8%A7%D9%84%D8%A8%D9%8A%D8%B9-%D9%88%D9%8A%D8%AD%D8%AF%D8%AF-%D9%86%D8%B3%D8%A8%D8%A9-%D8%A7%D9%84%D8%B9%D9%85%D9%88%D9%84%D8%A9.html
    0 replies | 134 view(s)
  • harry's Avatar
    06-14-2018, 07:56 AM
    Credit cards and economic revitalization 6/14/2018 Saad Al Taie Credit cards are an alternative to the traditional way of exchanging currency in purchasing, payment and settlement of financial transactions between different persons or institutions. Despite the passage of decades on the use of credit cards in different countries of the world, but Iraq has not used these cards only a few years and a very limited scope of sales and purchase and payment of financial dues are still in the traditional way to exchange paper money and the delay in the use of credit cards in Iraq for many The reasons of economic or security or lack of planning in previous decades in the field of encouraging banks to issue and deal with them. A few years ago, some state and private banks started issuing credit cards for use in financial transactions. However, their use is still in a narrow range and in certain areas their use has not expanded and the number of users is still slightly lower than in many other countries. The reasons for limited use are due to the lack of awareness among citizens of the importance and advantages of using them, as well as the traditional way of settling financial transactions, and the lack of acceptance of the spread of technological innovations easily and few outlets dealing with these cards, where the outlets are still very limited, which reflected negatively on many who wish to exist These cards in financial transactions with the banks that deal with them, which calls for the need to address the economic media of this subject and shed light on it adequately. The expansion of the use of credit cards in Iraq is an important factor in stimulating the various economic sectors by encouraging the electronic payment of funds in the cases of purchase and sale, which opens new outlets for various financial and economic transactions and contributes to increase financial flows between the parties to the economic process and stimulate the exchange of safe and increases the movement of these Exchanges and contributes to the recycling of tight financial savings which are often outside the scope of financial trading, making them useless for the national economy. The expansion of the use of credit cards among citizens in Iraq has many advantages that stimulate economic activity as well as keeping pace with the latest technological developments which have left their effects in all aspects of society, including the economic aspect in which the technological factor is a crucial factor in its development, which requires the competent authorities Encouraging banks to expand the issuance of credit cards in order to increase their use by citizens in their financial transactions also requires the organization of campaigns to raise awareness of the importance of using credit cards in the daily life of citizens and my And to provide the necessary logistical and informational requirements for its use and to provide the legal and economic environment for the safe handling of its use in a manner that maximizes the potential benefits of the Iraqi economy and contributes to its development and performance improvement. http://www.alsabaah.iq/ArticleShow.aspx?ID=158712
    0 replies | 122 view(s)
  • harry's Avatar
    06-14-2018, 07:52 AM
    Fees and prices 6/14/2018 Hussein Thagb All the countries of the world have taken great interest in the commercial process to achieve economic benefits in the forefront of maintaining the stability of the markets and their various offers, to prevent any imbalance that may affect the reality of prices and extend its effects to the family economy and affect the levels of demand in those markets and away from all forms of confusion. There are centers and sensors that are economic entities whose mission is to sense the markets and to determine the levels of prices and their stability and the need for these markets of materials. The results of this activity are transferred to the relevant state institutions to formulate the appropriate trade policy of the country through public- private cooperation. Organizing the reality of the business process is very important, and there must be a high degree of coordination in order to overcome all the challenges that affect the flow and supply of goods to local markets and maintain a fixed price level . The coordination between the public sector and the public institutions concerned leads to the adoption of appropriate decisions that make commercial operations carried out smoothly. Here, we can benefit from international experiences in this field and apply them locally to keep our markets away from any future shocks that distort the reality of prices and affect the family economy. The sudden decisions without coordination, especially those that are related to the imposition of additional fees, how the forms should be implemented after studying the matter accurately and in all aspects and to determine the extent of the effects on the local market is the victim of the citizen, which will weigh any new ratio because the last episode of The business process series which bear any price addition . In Iraq, the local market depends almost entirely on regional and international markets, which necessitates us to work to regulate the reality of business activity in the country, and there should be high coordination between chambers of commerce and institutions concerned with the introduction of goods to the market without any problems affecting the reality of prices. The issuance of new amounts on the entry of goods through the border crossings must be before a period of time and that does not bear the effects on the level of prices in the markets, and here must be the parties concerned enough responsibility and does not bear any decisions affecting the living standard of the Iraqi family with limited income. http://www.alsabaah.iq/ArticleShow.aspx?ID=158767
    0 replies | 81 view(s)
  • harry's Avatar
    06-14-2018, 07:44 AM
    Project {integration} .. a meeting point between partners 6/14/2018 Analyzes the legal, regulatory, institutional and economic context One of the characteristics of the government of Abbadi is that it works with an open horizon through visions, projects and strategic plans that are not cut off, but will be narrowed by the communities benefiting from them in the future. These projects include Takamul, also known as the USAID-supported Good Governance and Performance Improvement Project, which aims to improve the capacity of the central and local government to deliver basic services and better respond to the needs of public citizens by supporting economic reform initiatives Led by Iraq and training on public financial management, as well as increased participation of civil society organizations in monitoring the work of governments. The efforts of the Takamol project provide information, encouragement and opportunities for the government to agree on the policy reforms required to make local governments more powerful, efficient, professional and independent in the electricity, water, public health, primary, secondary, primary and sanitation sectors. Consultations and fact-finding between the federal and provincial governments can lead to research, policy, analysis, and other diagnostic work. The Takamol project analyzes the policy, legal, regulatory, institutional, economic and political context that affects these sectors and provides the governorates and central ministries (planning and finance) with substantial technical assistance (training and advisers). These studies can be followed by structured meetings and forums, for sharing analyzes, assessing and sharing good practices and highlighting specific issues . "The Tamkam project revealed very important issues and needs. The central government has an interest in solving the problems that arise in the provinces. Local governments also have an interest in solving these problems," he said. Partnership between the two parties can lead to a substantive dialogue resulted and will result in effective measures and basic service projects for citizens in the provinces. " Development assistance undoubtedly strengthens the capacities of different institutions, increases their performance capabilities and gives them the necessary competencies to play their active and productive role, which casts a positive shadow on the services provided to citizens to achieve social satisfaction. The training provided by the US Agency for International Training and training for the Iraqi side is proof of this and is continuing this support and training and its latest activities. The workshop was held recently in Erbil aimed at agreeing on coordination mechanisms between local governments and the federal government regarding local revenues, The preparation of local budgets, both operational and investment, in addition to improving the method of financial reporting in the local. The workshop was attended by Dr. Turhan Mufti, head of the Secretariat of the Supreme Coordination Committee between the governorates, Wasit Governor Mahmoud Al-Mulla Talal, Deputy Governor of Baghdad Jassim Al-Bukhati and Directors-General of the Ministries of Finance and Planning and the Federal Financial Control Bureau. The workshop was dedicated to discussing ways to boost revenues for local governments and budgets between them and the federal government. It was also emphasized to continue the decentralization approach and support local governments in order to streamline the administrative and technical procedures of the separate districts in light of the project and rehabilitation of cadres. And provide them with the necessary expertise in financial, administrative and technical affairs for the purpose of providing the best services to all citizens in all governorates. " The "Takamol" project provided a good opportunity for stakeholders within and outside the central government to present the issues that lack a unified government constituency. This workshop enabled all parties to reach a broader perspective on the relationship between the central government and the governorates, In this context, the Governor of Wasit said, "As a result of the transfer of powers, the revenues of Wasit province increased significantly. In 2016 revenues were 7 billion, and in this year reached 21 billion dinars. " The Takamol project is a continuation of USAID's "Tawaboot" and "Progress" projects, which have been allocated a value of US $ 160 million disbursed over a five-year period that does not focus on the reconstruction file but is designed by the United States Agency for International Development In order to strengthen the administration of the provinces in terms of providing better services for citizens, and will implement this project in all areas in need of assistance and not only liberated from the Dahesh. http://www.alsabaah.iq/ArticleShow.aspx?ID=158765
    0 replies | 73 view(s)
  • harry's Avatar
    06-14-2018, 07:33 AM
    good morning to all ds i pray that everyone will have a blessed day today and enjoy its, KSD its good to get away sometime to visit family glade you had a great visit with them, TUDOR president like to do thing his way and he sure does a good job for the people of the United States.
    360 replies | 16355 view(s)
  • Bondlady2's Avatar
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  • ksdunlap's Avatar
    06-14-2018, 06:40 AM
    Good morning DS. I hope everyone is doing well. We’ve been visiting family for a few days. I loved it but sure am glad to be home. I pray each of you has a great day. Be safe & be blessed.
    360 replies | 16355 view(s)
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