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
    Today, 08:52 AM
    Iraq received the second installment of the IMF loan 06/12/2016 Baghdad -arac Press -6 December: The Iraqi government received the second installment of the IMF loan. The second installment of the loan of $ 617.8 million. The total value of the loan approved by the IMF for three years, is estimated at $ 5.34 million. The International Monetary Fund said that the performance of Iraq within the agreed reform program, has failed to meet all the required conditions, including a minimum of foreign reserves, and the maximum arrears of foreign oil companies. The International Monetary Fund had predicted last October that Iraq's record annual growth of 10.3%, after a contraction of gross domestic product last year grew by 2.4% . http://www.iraqpressagency.com/?p=224610
    0 replies | 3 view(s)
  • cleopatra's Avatar
    Today, 08:40 AM
    Good Tuesday morning ds. Well, ksdunlap I did actually beat you to it. Just had 2 cups of morning joe!!:) But if you don't mind I will be over soon for a 3rd cup!!;) Have a great day ds. ksdunlap...see you soon!!!
    884 replies | 41912 view(s)
  • harry's Avatar
    Today, 08:39 AM
    good morning to all ds i pray that everyone will have a blessed day today and enjoy its,
    884 replies | 41912 view(s)
  • Bondlady2's Avatar
    884 replies | 41912 view(s)
  • ksdunlap's Avatar
    Today, 07:19 AM
    Good morning everyone. Harry your grandson is still in my prayers. It sounds too cold for me Sis. Bundle up good. They just said it's supposed to be 25* here Friday morning. I made homemade Christmas sugar cookies Saturday. Turned out pretty good if I say so myself. How about some coffee, I have some made or did cleopatra beat me to it lol. I pray everyone has a blessed & wonderful day. Stay safe.
    884 replies | 41912 view(s)
  • guardian's Avatar
    Yesterday, 07:09 PM
    Good Evening DS! I know what you mean tudor. Our minimum wage hike has caused my favorite McDonald's cheeseburger to go up from $1.00 to $1.39. I am still addicted though. ;)
    884 replies | 41912 view(s)
  • tudor's Avatar
    Yesterday, 01:40 PM
    Morning everyone! Harry, still praying for complete healing for your grandson. Don't feel bad about not knowing, it is hard to tell when someone we love and see all the time has a problem. God is working on him to make him whole again, and on you to be strong for him too. God is Great! Ksd, so glad Bugs is doing better. We dropped into the twenties last night and may hit the teens tonight with a chance of a little snow. Thursday is forecast for Snow and a high of 32*. Ahhhh, love winter! But another week and the temps warm back to the upper 30's lol. Little bit of decorating left to do. Plan to stay in and may start baking a few cookies. Cutting way back this year. Not sending out all the cookie/fudge packages this year. Price got way to high for postage. So not as much to make. Now just for home and neighbors. HO HO HO !!
    884 replies | 41912 view(s)
  • cleopatra's Avatar
    Yesterday, 10:17 AM
    Good Monday morning ds. ksdunlap...glad Bugs is much better. Harry praying for your grandson. Hope everyone has a wonderful day. :cool:
    884 replies | 41912 view(s)
  • harry's Avatar
    Yesterday, 10:10 AM
    Parliament votes to stop the appointments of the three presidencies 4 December 2016 A parliamentary source said that the House of Representatives, Sunday, to stop the appointments of the three presidencies. The source said in an interview for the Sumerian News, "The House of Representatives voted at its 35th regular stop on the appointments of the three presidencies." And began the House of Representatives, on Thursday evening, to vote on the paragraphs of the draft general budget for the year 2017 Act. " http://www.alsumaria.tv/news/187898/%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D8%B5%D9%88%D8%AA-%D8%B9%D9%84%D9%89-%D8%A7%D9%8A%D9%82%D8%A7%D9%81-%D8%A7%D9%84%D8%AA%D8%B9%D9%8A%D9%8A%D9%86%D8%A7%D8%AA-%D9%81%D9%8A-%D8%A7%D9%84%D8%B1/ar
    0 replies | 68 view(s)
  • harry's Avatar
    Yesterday, 09:44 AM
    US Defense Secretary: It is possible to restore Mosul before assuming the presidency next month, Trump 05-12-2016 US Secretary of Defense Ashton Carter said on Monday that although the battle of the restoration of the city of Mosul Daesh terrorist gangs will be difficult but it 'possible' completed before President -elect Donald Trump 's inauguration. Carter said when asked if the restoration of the city will be 20 Jan. ago when Trump begins his presidency , 'This is certainly possible , and again it will be a tough battle. " Iraqi forces backed by Chen from the international coalition attack since 17 October last to restore thecity of Mosul from Daesh. It is said that he will be the inauguration of Trump officially as president of the United States in 20 of next January 2017. http://www.ikhnews.com/index.php?page=article&id=150097
    0 replies | 78 view(s)
  • harry's Avatar
    Yesterday, 09:34 AM
    Parliament acknowledges most of the budget materials and decisiveness to postpone today 12/5/2016 (Voice ofIraq) - Baghdad Oan-] House of Representatives postponed held its scheduled today to complete the rest of the vote on the 2017 budget materials to Wednesday Almqubl..itba http://sotaliraq.com/latestnews.php?id=368561#axzz4RySJ4sSg
    1 replies | 71 view(s)
  • harry's Avatar
    Yesterday, 09:10 AM
    Parliament acknowledges most of the budget materials and decisiveness to postpone today 5/12/2016 0:00 voted to deduct 8.3 percent of the employees and pensioners stop the appointments of the three presidencies and the approval of the share of the Kurdistan BAGHDAD / morning after the evening session marathon lasted until midnight, the House of Representatives voted to Article 50 of the year 's budget law in 2017, but differences over the proportion of the clans People in the crowd delayed the approval of the law in general, with 10 keeps materials have not been resolved once and for all , including the 5 - year vacation. I saw yesterday 's session , which began at six o'clock and lasted until 11 o'clock and 50 minutes of yesterday evening, debates ahead of consensus on most of the material. Among materials that voted in by parliament within the budget yesterday, the deduction of 3.8 percent of the salaries of employees and retirees, imposing a 20 percent tax on the assets of the mobile phone and the Internet, and 25,000 dinars on the outside of airline tickets, as well as stop the appointments of the three presidencies. The House also voted on the share of the Kurdistan region , including the salaries and allowances of the Peshmerga forces, with the approval by the majority of deputies of the Kurdistan Alliance. According to a parliamentary source "morning", the House Speaker Salim al - Jubouri ,decided to postpone the vote on the budget law to today 's meeting to be held at one pm. The source noted that the reason for the delay "Prompt National Forces Alliance determine the proportion of 35 percent of the popular crowd allocations for the crowd and the tribal population proportions western and northern provinces." http://www.alsabaah.iq/ArticleShow.aspx?ID=127628
    1 replies | 71 view(s)
  • harry's Avatar
    Yesterday, 09:04 AM
    Saleh: some economic laws hastily prepared 5/12/2016 0:00 Institute seminar in the progress of the development policies BAGHDAD / Shokran Fatlawi Diagnosis of the reality of the local market and the negative effects of which had been affected as a result of ill-considered decisions and the reasons for the decline in the economic development of Iraq and laid on the table of the Institute for the progress of the development policies, where the serial episode organized yesterday titled "US policy in Iraq connotations And expectations " economic laws Director of the Institute d. Mehdi al - Hafez and former Secretary of Planning began symposium word about stations should stop with her in the path of the US - Iraqi relations since 2003 and the changes that have occurred in the process of building a new state , which were not in line with the aspirations of the core of the Iraqi people, adding Doralsaash US Giralmstqrh in Iraq that created confusions several reflected in the formulation of many of the laws, including the laws of economics and preparation of urgency and an ill -considered manner that Iraq is still suffering from its effects, where the shadow of the Iraqi economy , in essence , economical Rieia entirely dependent on oil revenues , with the continuation of the public sector as a driving force for life economic there has been no change in the private sector and prepared to be a leading force in the country. State market as financial advisor to the Prime Minister Dr. occur. the appearance of Mohammed Saleh , who has served as deputy central bank governor at the time, all the things that are still unresolved in the country about the market economy , saying: Iraq after the change has moved from the so - called state of the individual to the so -called state market and focused thought at the time that Iraq must be part of the globalization of the world and therefore the economy is supposed to be transformed from a totalitarian economy to an open economy , market economy, and remove the obstacles that have been developed as a result of the central system at the time and how polarized the country on a single commodity revenue sovereign oil is what made the transition almost a big problem. He noted the benefit that the state began to grow with the growing oil revenues and to eliminate the social problems and the transition to a market economy began operation in order to wealth returns distribution, as if oil revenues are distributed through over - the appointments and amplify the state apparatus and create a state big about five times the numbers. Activity powered He noted that the economic activity of the state completely disrupted and based model is the 172 public company in which approximately 270 laboratory dependent activity with the exception of 40 supported by active state oil companies produce rely on state support, Maani said there Nhoncef million workers without production since 2003 to the present time , cost the country about 16 trillion dinars of debt is part of the public debt, and therefore a great device crashes huge numbers of about 4 and a half million employees ineffective and ineffective in the economy of the country. He added that the form of the market that began at the time, the civil administrator Paul Bremer period includes about 100 law, the majority position in the so - called B (liberal market), including the Central Bank Law , one of the best economic laws, the economy of an active market , where the outer Hrralthoil, as well as the free transfer of funds , established banking and financial system huge. Mali 's economy and between the productive activity state holidays , as well as disruption of productive activity of the private sector and thus attracted the market a manner that prevents them to Mali 's economy with the liberation of the Central Bank of the philosophy of money management and trade liberalization and the abolition of customs in that period and has returned a distorted manner and therefore was uncontrolled borders and loose trade and money that one and this is the market economy liberalism. Salih noted that the foregoing has led to the development agenda of the country emptied of its contents, pointing out that the state acted large operating budget and the market for imported commercially linked with global globalization and thus is the consumer is the basis of pointing out that all sectors attracted towards financial capitalism, including the capitalist real estate in With real estate and soaring real estate prices , the crisis has turned into a negative financial capital, as is the case with Iraq stock Exchange , which suffered from a fall in the overall stocks a reflection of what happened and continued in this format. Market bio genic favor of counting the markets regionalism being Mojtzih to regional markets with evidence that each market linked to a regional market , there are market linked to the Gulf market and the market with Iran , and a market with Turkey and other Worse still, the market named "Trademark market", containing determine how each of the other is called "regional market bio genic" one of the worst kinds of markets led to sabotage development in a distorted manner, and therefore, all the foregoing led to the existence of problematic in the economic system, blended Titles and reflected on the shape of thee conomy Ftalt development. And positive trends between Saleh, said in 2003 at the Madrid conference , which was held on 4 \ 10 \ 2003 where she pledges the United States at the time for there construction of infrastructure in Iraq , where it contributed nearly 18 billion in grants or long - term loans, as well as assist in extinguishing Iraq 's debt Paris Club agreement by clicking on the 19 countries for a collective decision to write off 100 billion out of 125 billion. The positive points other is Resolution 1483 on May 22, 2003 , which established the bank Dfl , one of the most important banks in the world 's oil receipts that put Iraq 's money under the three protections expense, not to mention the existence of two agreements Tamoalitin in 2016 , eight years after the United States renewed the passage because of " Daesh "$ 2.7 billion in the form of equipping and training contracts in agreement with Iraq 's acceptance of this agreement. In terms of the World Bank , which contribute to the United States there are signals from the World Bank ceilings open for Iraq extends soft loans to 15 years and a very low interest rate for the purposes of urban and regional development in the areas liberated. http://www.alsabaah.iq/ArticleShow.aspx?ID=127600
    0 replies | 80 view(s)
  • Bondlady2's Avatar
    884 replies | 41912 view(s)
  • harry's Avatar
    Yesterday, 08:41 AM
    good morning to all ds i pray that everyone will have a blessed day today and enjoy its, thanks everyone for your prayer their is power in pray because my grandson made its thru the first steps,but still have ways to go, i pray that everyone on here that you and your family will have a blessed day, and its getting cold this time of the year everyone stay warm and dry.
    884 replies | 41912 view(s)
  • ksdunlap's Avatar
    Yesterday, 07:16 AM
    Good morning DS. Harry your grandson is in my thoughts & prayers as well as for you & the rest of his family. Thank everyone for their prayers for Bugs. She is feeling much better. Sis please take care & stay inside as much as possible during the bad weather ya''ll are supposed to be getting. It makes me cold just thinking about it. Gigi3 we hope to see you again soon, we miss you. In case we don't I hope you have a blessed & Merry Christmas. I pray everyone has a blessed & safe day.
    884 replies | 41912 view(s)
  • gigi3's Avatar
    12-04-2016, 04:13 PM
    HI DS! Cheers to everyone! Harry, holding your grandson in my prayers. Praying all will be righted within him, and may peace reign in your heart as well as his, as he finds his way through this difficult time. God bless him and may your Grandson, as well as those whose goal is to assist him, be guided with God's wisdom. Sorry to hear that strep is again taking a toll on Bugs, Ksd. Good healing and health to her and all on DS who is in need of it. Great to see and hear from all who have commented recently. Missing not being here more, but beyond a lot on my plate these days. Hope to see everyone before Christmas... but just in case, "MERRY CHRISTMAS" to each and every one of you! God bless and keep you and your loved ones, AND…. may our long awaited expectation materialize earlier than we might think! Have a wonderful week, my friends!
    884 replies | 41912 view(s)
  • harry's Avatar
    12-04-2016, 10:47 AM
    Central freezes accused Libyan terrorism Iraqis and another of the ousted former regime funds 12/04/2016 The central bank issued on Sunday a decision to freeze one of the Libyans accused of terrorism and other Iraqi funds of the ousted former regime. The bank said in a statement received / balances News / copy of it, that he "passed a resolution to all financial institutions, businesses and non-financial professions, travel ban and arms trafficking freezing of funds and movable and immovable property of the Libyan accused Hassan Salahin favor of the poet." He called the bank according to the statement, "the need to inform the Commission on the freezing of terrorist funds and the office immediately with the available information, if available." He said the bank, said he "issued another decision to freeze the funds and financial assets of the accused Hani Abd al-Latif Tilfah al-Tikriti for being covered by Security Council resolution 1483 Special freeze funds, financial assets of the ousted former regime and within the covered list of the Security Council Committee established by Council No. 1518 Resolution," calling "Report of the Commission to freeze terrorist funds and the office immediately with the available information, if available" . http://www.mawazin.net/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%8A%D8%AC%D9%85%D8%AF-%D8%A3%D9%85%D9%88%D8%A7%D9%84-%D9%85%D8%AA%D9%87%D9%85-%D9%84%D9%8A%D8%A8%D9%8A-%D8%A8%D8%A7%D9%84%D8%A5%D8%B1%D9%87%D8%A7%D8%A8-%D9%88%D8%A3%D8%AE%D8%B1-%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D9%85%D9%86-%D8%A3%D8%B2%D9%84%D8%A7%D9%85-%D8%A7%D9%84%D9%86%D8%B8%D8%A7%D9%85-%D8%A7%D9%84%D8%B3%D8%A7%D8%A8%D9%82
    1 replies | 145 view(s)
  • BASSER's Avatar
    12-04-2016, 10:47 AM
    How is Maliki still breathing or at the very least not rotting away in prison? Blows my mind!
    2 replies | 117 view(s)
  • harry's Avatar
    12-04-2016, 10:35 AM
    Close to Abadi: this is what he meant al-Maliki about the change of prime minister December 4, 2016 Accused Deputy close to Prime Minister Haider al-Abadi, Sunday, the newspaper "The Wall Street Journal," the US to "distort" the Vice President Nouri al-Maliki's remarks, pointing out that the latter intended his statement when asked about the survival of al-Abadi or not that the next government would be formed according to the political majority . The MP said the coalition of state law Jassim Mohammed Jaafar said in a statement, "The Vice President Nuri al-Maliki for an American newspaper's comments were in some change and distortion with respect to a change in government." He explained that "al-Maliki wanted to say that the next government would be formed according to the political majority and not the principle of consensus, as happened with previous governments," noting that "al-Maliki did not mean a change of government." Jaffer asked that "no one accepted to take over the post of prime minister and the government was left of the old only one year and under the circumstances in the country." Former Prime Minister Nuri al-Maliki, when asked by the US newspaper "Wall Street Journal" on the possibility of change after the liberation of Mosul, al-Abadi said: "The Iraqis want change http://www.knoozmedia.com/176358/%D9%85%D9%82%D8%B1%D8%A8-%D9%85%D9%86-%D8%A7%D9%84%D8%B9%D8%A8%D8%A7%D8%AF%D9%8A-%D9%87%D8%B0%D8%A7-%D9%85%D8%A7-%D9%82%D8%B5%D8%AF%D9%87-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%83%D9%8A-%D8%A8%D8%B4%D8%A3/
    2 replies | 117 view(s)
  • harry's Avatar
    12-04-2016, 10:29 AM
    Maliki: Abadi is weak and should be replaced as soon as the completion of the process of Mosul 12.03.2016 expessed the vice president, Nouri al -Maliki, expressed concern that " the competition for control of Mosul ,may create a dangerous situation even in Baghdad ," and accused Prime Minister Haider al -Abadi as "unable to face Turkey and the Government of the territory Kurdistan regional ambitions, and followers of Shiite cleric Moqtada al -Sadr. " Maliki said in an interview published by the newspaper "Wall Street Journal" America, it "does not seek to return to receiving the post of prime minister, but the Abadi" weak must be replaced as soon as the completion of the Mosul operation ,"pointing out that" Iraqis want a change. " Criticized Maliki policy Shiite cleric Muqtada al -Sadr, in particular theentry of his green Zone, pointing out that "almost overthrew the rule of the government in April and May, adding that" the weaker the government 's image before the people and the security forces. " When you can gangs from entering the legislature Center and theOffice of Prime Minister al -Maliki added, it means alack of respect for state institutions. " Maliki confirmed, that he wanted to" play a strong figure to form a strong government with national values that sectarian conflict and gangs. " Political rival dangerous to Ebadi , is Nuri al -Maliki, who ruled Iraq for eight years before replacing the Iraqi parliament to him, under Western pressure, in September 2014, after the control of the organization of the Islamic state on theconnector. it is noteworthy that al -Maliki is currently the honorary title to a large extent ,a deputy Iraqi president remains It enjoys broad support among the deputies, andin recent months, has sought alliances behind the Shiite parties to include a growing number of some of the Kurdish deputies and Sunni Arabs. http://www.sotaliraq.com/latestnews.php?id=367798#axzz4RsnlD7CD
    2 replies | 117 view(s)
  • harry's Avatar
    12-04-2016, 10:17 AM
    The central bank freeze Iraqi funds and Libby 04.12.2016 Twilight News / announced the Central Bank ofIraq, on Sunday, for two people ,including the freezing of funds and other Iraqi Libby. The bank said in a statement seen by Twilight News, that he "passed are solution to all financial institutions, business and the professions of non -financial freeze movable and immovable property, travel ban and arms trafficking Libyan accused Hassan Salahin favor of the poet ," and urged " the need to inform the Commission on the freezing of terrorist funds and office promptly available information ,if available. " The bank said it " has issued another decision tof reeze the funds and financial assets of the accused Hani Abd al -Latif Tilfah al -Tikriti for being covered by Security Council resolution 1483 Special freeze funds ,financial assets of the ousted former regime and within the covered list of the Security Council Committee established by Council No. 1518 decision , " and urged to " the need to inform the Commission on the freezing of terrorist funds and the office immediately with the available information ,if available. " http://sotaliraq.com/latestnews.php?id=368013#axzz4Rslvcm5d
    1 replies | 145 view(s)
  • harry's Avatar
    12-04-2016, 09:56 AM
    Petro-dollar items and the share of the region and the popular crowd hinder the vote on the budget 4/12/2016 0:00 BAGHDAD / morning / Muhannad Abdul Wahab at a time when three controversial points caused the postponement of the vote on the federal budget for fiscal year 2017, Deputy for Finance Committee revealed the introduction of a paragraph to install contracts in all ministries budget year 2017. MP Amer al - Khuzai said the "morning": the obstacles that led to the postponement of the vote on the adoption of the budget summed up two issues. thefirst claim of the Kurdistan region to increase its stake to up to 21 percent, the second obstacle is the oil - producing provinces are required to receive imports of petro way and mechanism to ensure their rights. Khuzai said that "these two problems Klavian stand impediment to the adoption of the budget it is necessary to find the political blocs appropriate solutions to ensure the rights of everyone in accordance with the mechanics of a fair , " calling to "stay away from pushing the budget in the harassment and political conflicts." " The federal budget represents the rights of all Iraqis, hence the setting professional touches to the budget and approval would be an incentive to ensure the rights of everyone in accordance with the Constitution and constitutional mechanisms , " pointing to " the possibility of adoption of the budget in the event of managed parliamentary blocs to overcome their differences and agree on its terms . " . For his part , MP Abdel Azim Ajman that oil - producing provinces such as Basra, Maysan and Dhi Qar governorate suffer differentiation and variation in the deal. Ajman in an interview for the "morning", pointed out that the previous budgets approved several paragraphs about the oil - producing provinces but it is not applied on the ground , "noting that" the federal government is committed to their agreements with the Kurdistan region while neglecting the paragraphs pertaining to oil - producing provinces. " He stressed Ajman on " the need to implement paragraphs that recognizes regarding oil - producing provinces and is $ 5 for every barrel of product oil and not recorded these amounts in debt , " explaining that "this paragraph was objected to by deputies of Basra and the rest of the oil - producing provinces and demanded the federal government full share of the budget." He added that " the four provinces also called for the allocation of imports of the border crossing points for the development of infrastructure and the ports , " he said , adding that " the third requirement provided for the issuance of government remittances Treasury to those provinces to pay their dues." In turn, pointed the parliamentary finance committee member Husam punitive to the existence of two paragraphs various them hinder the approval of the draft financial budget law for 2017. He said the punitive, in a press conference at the parliament building, said that " the budget law that includes the presence of two paragraphs Khlavian first a dispute the Kurdish deal of oil in particular between the PUK and the KDP on oil estimates of what led to the postponement of the budget approval Thursday 's meeting in the past. " Punitive and pointed out that " the new paragraph of contention is the allocation of 35 percent of the popular crowd according to the ratio of the population in the liberated areas, the fact that this paragraph were not placed by law and the National Alliance met to discuss these points," adding that "if it was agreed that these two points will pass the budget in the Parliament". While the MP for the Kurdish blocs, Kawa Mohammed announced the launch of the idea and the formula for the fragmentation of the oil agreement between Baghdad and Erbil , the Kurdistan region to secure the salaries of the staff in. Mohammed said: "formula put forward the oil accord be handed over the Kirkuk oil fields , exports of 300 thousand barrels per day to the federal government in exchange for paid provincial salaries, while the delivery of 250,000 barrels of fields province to Sumo and would have to Baghdad to complete payment of the customizations of the share of the company the province in the budget, amounting to 17 percent. he also announced the Kurdistan Democratic party parliamentary bloc member Sirhan Ahmed, send the Kurdistan Regional government proposal of three articles to the federal government. Ahmed said, in a press statement: " the Kurdistan Regional government sent a proposal to the federal government to resolve the issue of entitlements Territory budget of the Federal fiscal year 2017 , "explaining that" the first article of the proposed payment of 300,000 barrels per day from the province of Kirkuk oil to SOMO in exchange for the payment of government territory salaries and social welfare include. " Ahmed said that" Article II of the proposal include the delivery of the region 250 thousand barrels of oil a day in exchange for the payment of the government to the proportion of the region's 17 percent of the budget , "noting that" Article III provides that in the event of non - compliance by any party to the agreement , it is possible to resort to the Federal Court. " The member of the Kurdistan Democratic Party bloc that " the region 's share of the budget is a legal right, but the staff salaries are the government 's commitment to all of Iraq 's staff and nothing to do with the share of the province of the budget , " pointing out that " the proposal was circulated among the heads of Kurdish blocs." The center of this picture, MP Muwaffaq al - Rubaie, announced that the dialogues that were held yesterday resulted in the introduction of a paragraph to install contracts in all ministries and public budget 2017. Rubaie said in a statement, received by the "morning": that "attempts that I have made with our brothers in the National Alliance and the Finance Committee in Parliament resulted insert a paragraph install contracts in all ministries in the budget next year. " Rubaie said "We hope to vote on the state budget for 2017, including a paragraph and install contracts; because I believe that this segment are those who do wrong , for many years, and some of them have very long service in the departments and ministries of state." http://www.alsabaah.iq/ArticleShow.aspx?ID=127532
    0 replies | 65 view(s)
  • harry's Avatar
    12-04-2016, 09:52 AM
    US Treasury: Iraq has made progress financial Baktall 4/12/2016 0:00 BAGHDAD / morning moving towards a banking sector strong and active adopts international regulations and undermines the financial crimes through anti - money laundering and terrorist financing through the adoption of international standards adopted by the major global banks are procedures and the reality of the banking business in Iraq after the adoption of addressing these crimes mechanisms. Forum compliance and anti - money laundering and terrorism financing , which was held under the auspices of the governor of the Iraqi Central Bank and organized by private banks , which discussed the central bank measures to ensure compliance with and application of international standards in this area requirements which the US Treasury announced that Iraq Association has achieved exceptional progress financial sector during the past four years, but lacked to announce what has been achieved from the achievements. Financial Crimes Central Bank Governor Dr. On the Keywords said, that this event is the first of its kind as it deals with important topics at the local and international levels, calling for more forums that discuss these positions for making a solid barrier against financial crimes in Iraq, pointing out that the central attaches great importance to its organizations specialized in this regard. He stressed the need to improve banking institutions to work on the creation of an effective banking sector does not allow the operations of money laundering and financing terrorism, pointing out that the ongoing work to upgrade the work of the Central Bank through the strategy put forward by the aim of turning it into an enterprise engaged in the framework of the advanced central banks. Targets development Keywords noted that the central shifting from achieving conventional goals to developmental goals achieved financial stability and perhaps the central bank lending initiative , which is carried out via specialized and private banks bear evidence of this trend to move the sectors of the economy, pointing out that the Central is looking forward to the electronic work through programs being expanded on the central level and the private banking sector. He pointed to the Central shift to build the structure of a new organization responds to data development through the establishment of new units have a significant role in improving the real targets that the bank is looking to achieve, where the introduction of new modules promote work and rely sophisticated methods. Governance guide pointed to compel banks to form units of risk management and money laundering, where the central contribute to the preparation of competencies, attach this matter of extreme importance through direct contact to focus on it and modular important elevate the performance of the banking sector and the strengthening of the external position, confirming the completion of banking governance guide , which will be piped to banks to comply with its content, especially as he was prepared under the supervision of a private specialist center carefully. Keywords He set new standards for the entry of the private banking sector to auction currency organize the sales process in accordance with the special rules indicate the extent of banks vocabulary commitment, pointing out coordination with specialized international bodies in the area of capacity - building and hailed internationally this step ,which enabled Iraq 's transition from the gray area of white to. Addressing the challenges head of the Iraqi private banks association Wadih Handal between the role of association and private banks operating in the implementation of these tasks and training and the creation of competent management activity and organizational structures for compliance units competencies and how to address the challenges facing the Iraqi banks with correspondent banks. This means compliance program of work of banking institutions depends transparency in work and avert the violation and punishment, through adherence to international standards, audit and supervision. He has been the Central Bank of Iraq and under the direct supervision of the governor 's prominent role in the legislation of anti - money laundering law and terrorism financing No. 39 for the year 2015 , which included basic materials for the protection of Iraq 's money and combating the financing of terrorism and to maintain the pillars of structural Iraqi economy in addition to the procedures, policies and mechanisms detailed work will avoid the risk of bank reputation affected , especially in our banks relationships with correspondent banks and ensure the continuation of sound relations based on mutual trust and faith in the inevitability exceeded the Iraqi economy , the current dogged effective contribution from the Iraqi banking sector as the first episode major in finance and investment for building and economic reform activity in the post "Daesh stage " The terrorist. Robust economy , the consultant in quality and institutional development department at the Bank of the Iraqi Center Sebastian Talat reviewed the stages that are fabricated by the evolution of the central work of praising the role of the world 's leading international organizations and friendly countries to provide assistance in this matter, which gave a lot in training and infrastructure of the financial system in Iraq We look forward to more , which contributes to the development of the banking sector. He said that work began to assess the extent of compliance within the central bank and the banking sector, and here it was necessary to restructure the central bank in order to keep abreast of developments in the world 's central banks, referring to the continuing application of goals in order to be effective in building a strong economy. Talat noted that compliance requirements include a set of national laws and international requirements must be adhered to by the bank, should also be having employees with a higher authority to oversee all operations and inform references, confirming the presence of an effective training programs lift capacity, as well as the existence of open channels between the central departments and procedures supervisory distinct with the help of a specialized international company in this regard. And sale of foreign currency mechanisms pointed to the existence of a joint working group between the center j Iraqi Federal and American Bank to sell the currency control mechanisms to make sure the money trends in the commercial sector and achieve the goals of the sale. Capacity building As executive director of the Association of Private banks Ali Tariq said that the association attaches great importance to the issue of capacity building in the money laundering field and the financing of terrorism and the various banking disciplines in accordance with the periodic training plan in this regard aimed at workers in the public and private sectors, pointing to prepare a special booklet in this regard during the the coming period and distributed among the banks. Tariq said the association is working with Zain to train banking competencies for Alkmz certificate, which contribute to the development of the banking business to a global ranges. Knowing achievements either US Treasury representative at the American Embassy , John Sullivan spoke about the international support for the fight against money laundering and financing terrorism in Iraq and said that Iraq has made over the Almasih four years , extraordinary progress in the financial sector and in turn advocate for Iraq in this direction that achieves development, calling for disclosure of achievements that is achieved through advertising in various media as the international community is watching the reality of money in Iraq and has a desire to know more of the achievements realized here. He pointed to the importance of being present at the forum ambassadors for their country abroad and inform the global effort on what is being done in Iraq. He noted that this important meeting for coordination between the members of the banks to develop new banking systems , such as anti - money laundering and terrorism financing, development according to international standards and to discuss their work mechanisms, especially after a number of qualified Iraqi received training to international standards in this field, which is a good investment by institutions banking. Noting that Iraq 's richest oil dependence and must activate the investment environment and is an important event because it shows the flow of money in Iraq, as well as relevant laws. Turn between economic consultant Baghdad forum Samir Nasiri that the application of standards compliance means compliance with the laws governing the banking business issued by the relevant authorities and lack of commitment leads to many risks financial and legislative as well as the reputational risk that led to the Iraqi banks affected its relations with correspondent banks that. http://www.alsabaah.iq/ArticleShow.aspx?ID=127516
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  • harry's Avatar
    12-04-2016, 09:42 AM
    good morning to all thanks for the prayer for my grandson, praying work miracle works i,pray that everyone will have a blessed day today and enjoy its
    884 replies | 41912 view(s)
  • Bondlady2's Avatar
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  • Jade's Avatar
    12-03-2016, 07:46 PM
    G, I just love the 'muddy water' explanations that come out of here, but just in case -- I'm putting the stability of Iraq on my prayer list!!!
    3 replies | 232 view(s)
  • scott's Avatar
    12-03-2016, 05:42 PM
    It also sounds like they are giving themselves a little wiggle room on the RV date in case the stability isn't there yet. It is encouraging to see that they are making preparations for the deletion of the zeros, we may have to wait for ISIS to be completely defeated first.
    3 replies | 274 view(s)
  • billy jo bob's Avatar
    12-03-2016, 03:20 PM
    Reads that way to me.
    3 replies | 232 view(s)
  • tudor's Avatar
    12-03-2016, 12:41 PM
    Happy Saturday morning all! Harry, prayers for your grandson to find his way. This is a hard time of year for many and we should all say a prayer for all to be lifted up in spirit! Ksd, poor Bugs, she seems to get that way too much. Is she lacking something in her system that lets the dirty strep bug get in? Will pray for her as well. We are heading into a bad chill and possibly 3-4 inches of snow here in the desert next week. They are predicting in the teens at night for at least a week, and highs in the low 30's....BBBBUUUURRRRRRRR!!!! lol. Going grocery shopping today to make sure we have all the supplies we need for a while. No since going out if you don't have to right!? Anyway, happy good health to all! Back to decorating!
    884 replies | 41912 view(s)
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