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, 08:01 AM
    Turkish agency reveals a US plan to "liquidate" Barzani 09/21/2017 A Turkish agency revealed a US plan to "liquidate" the outgoing Kurdistan region president Massoud Barzani after the positions of the US administration of the referendum, while noting that Washington did not abandon the idea of ​​establishing a Kurdish state in northern Iraq. "The decision of the referendum meant for Barzani the restoration of the lost prestige, but the process is fraught with danger," the Turkish news agency Turkbis said in an article published by Taha Dagli. "Barzani has embarked on his path with the support of the United States, Britain and Israel. Referendum date we saw that the United States gave up Barzani, leaving him alone in the middle of the road. The writer wondered in his article, "Is Washington's opposition to the referendum to this extent stems from its concern for the unity of Iraqi soil? If so, why did Barzani push this route in May? ", Noting that" it is clear that the United States has a different recipe for northern Iraq. " Dagli continued, saying that "Washington is considering the liquidation of Barzani, the latter positions can be considered campaigns aimed at completing the liquidation process," noting that "America pushed Barzani to ignite the referendum, and the goal of abandoning it now is completely removed." The Turkish writer that "Washington has not abandoned the idea of ​​establishing a state in northern Iraq, and will implement, but will hand over this country to the PKK and not Barzani," noting that "it will not be surprising to cancel or postpone the referendum, but this does not mean that the American project on Kurdistan is over. http://www.knoozmedia.com/258669/%D9%88%D9%83%D8%A7%D9%84%D8%A9-%D8%AA%D8%B1%D9%83%D9%8A%D8%A9-%D8%AA%D9%83%D8%B4%D9%81-%D8%B9%D9%86-%D8%AE%D8%B7%D8%A9-%D8%A3%D9%85%D9%8A%D8%B1%D9%83%D9%8A%D8%A9-%D9%84%D9%80%D8%AA%D8%B5/
    0 replies | 45 view(s)
  • harry's Avatar
    Today, 07:56 AM
    An unprecedented chest attack on Barzani: He must be tried and put his money 09/21/2017 MP on the Liberal bloc of the Sadrist movement Zeinab Sahlani, on Thursday, the government to the trial of the President of the Kurdistan region Massoud Barzani on charges of administrative and financial corruption and the seizure of his "stolen" money from the Kurdish people, noting that the Iraqi law allows accountability of all without exception. Sahlani said in a statement that "the federal government to put the hand on the money transferred to Barzani movable and immovable money stolen from the Kurdish people and the Iraqi." "Barzani is accused of stealing public funds from oil, which is a national wealth for all Iraqis according to the Constitution and the government is held accountable with his supporters on charges of financial and administrative corruption." The Sahlani, the first deputy in the Sadr movement to make such positions against Barzani, that "the separatism of Barzani aims to establish a Kurdish state with a family ruling based on inheritance for the theft of wealth and not to achieve the Kurdish interest. http://www.knoozmedia.com/258668/%D9%87%D8%AC%D9%88%D9%85-%D8%B5%D8%AF%D8%B1%D9%8A-%D8%BA%D9%8A%D8%B1-%D9%85%D8%B3%D8%A8%D9%88%D9%82-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%A8%D8%A7%D8%B1%D8%B2%D8%A7%D9%86%D9%8A-%D9%8A%D8%AC%D8%A8-%D9%85/
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  • harry's Avatar
    Today, 07:51 AM
    Abadi: We are in the final stages of liberating the entire land 09/21/2017 He oversaw plans for the liberation of East Tigris and western Kirkuk and Hawija Baghdad / Sabah The Prime Minister, Commander-in-Chief of the Armed Forces, Haidar al-Abadi, inspected the military units in the Shilla area at the line of fire heading towards Sahel Al Sharqat left. "Abadi held a meeting with the military leaders of the 9th Armored Division and other leaders to discuss the security preparations for the liberation of the remaining areas," a statement from the Prime Minister's Office said. "We are in the final stages of liberating the entire territory and securing the borders," Abbadi said, noting that the victories of our heroes on the daisy weakened him everywhere and he lost his ability to rally and resorted to his cowardly manner of hitting civilians when he targeted them on the highway between Dhi Qar and Muthanna. The Prime Minister pointed out that "we defend our citizens and all components regardless of their affiliations, and we assured our forces the importance of protecting civilians and their property, in addition to our keenness to protect our heroic fighters . "Abadi arrived yesterday to Makhmour to supervise the deployment of forces and plans to clean up the areas of East Tigris and western Kirkuk and Hawija," noting that "the commander-in-chief of the armed forces lose the military units at the line of resistance towards the left coast of Sharqat." http://www.alsabaah.iq/ArticleShow.aspx?ID=144674
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  • harry's Avatar
    Today, 07:45 AM
    Jubouri: It is time to restore national unity and unite the word 09/21/2017 During the celebration of the "Day of World Peace" in the House of Representatives Baghdad / morning The Speaker of the House of Representatives Salim Al-Jubouri stressed the heavy responsibility placed on intellectuals and decision-makers and their role in awareness and enlightenment. He said that some parties wasted the energies of the people on imaginary issues, noting that it was time to discuss how to return the meat National. Al-Jubouri said during a speech at the World Peace Day, which was held in the House of Representatives on Wednesday: "We emphasize the heavy responsibility placed on the thinkers and decision makers, and their role in awareness and enlightenment, the situation in hot countries and under the fires of conflicts," adding that « "What brings together the countries of the world today more than they differentiate them is strongly united against terrorism, ignorance and disease, which is integrated within the framework set by the international organization and human rights charters." Al-Jubouri added that "the reality of violence and tampering with the security of civilians in many countries that stand in the face of terrorism and make matters even worse is that the deteriorating political situation is an obstacle to achieving security and stability." He explained that "some irresponsible and influential parties waste the energies of people in imaginary cases , And artificial disputes fueling division and separation, "pointing out that" integration has become an urgent necessity, but in light of the increasing challenges faced by the world, this subject should be dealt with a new realistic perspective. The President of the House of Representatives pointed out that "Iraq is now at the crossroads of development and security challenges and urgent popular aspirations for more rights, freedoms, human dignity and social justice. "The parliament and its commitment to the need for solidarity will always be open to all positive initiatives in the belief of the inevitability of the common destiny and the common denominators between the sons of the same homeland." The Speaker of the Chamber of Deputies, Salim al-Jubouri, the commander of the Tigris operations, received Lieutenant General Mizher al-Azzawi, and said in a press statement that " Stability and protection of citizens », and stressed the President of the House of Representatives« the importance of reducing the security breaches that are exposed to the province of Diyala and the rest of the Iraqi cities », pointing out that« citizen security is one of the priorities of local governments and security services, which calls for vigilance and vigilance from all The court put security plans and activate the intelligence effort to curb violations or recurrence. » http://www.alsabaah.iq/ArticleShow.aspx?ID=144672
    0 replies | 38 view(s)
  • harry's Avatar
    Today, 07:34 AM
    Program Budget and Performance Achieve the government's reform goals 09/21/2017 Parties calling for their adoption Baghdad / Farah Al-Khafaf With the end of the government to finalize the budget next year 2018, an economist praised the government's step in terms of time, but called for the adoption of budget programs and performance to support the directions of Prime Minister Dr. Haider Abadi reforms. The adviser to Prime Minister Dr. The appearance of Mohammed Saleh a few days ago on the outlines of the new draft federal budget, saying in a press statement: "It will not exceed 110 trillion dinars (92 billion dollars), and will be discussed in the Council of Ministers and the House of Representatives to be approved in October next in accordance with the Financial Management Law "He said. For his part, described the economic expert Thamer al-Azzawi near the completion of the budget next year, "a positive step," although it is still balancing items, not programs and development plans, and that oil is the largest supplier. The government seeks coordination with members of the House of Representatives to shift the federal budget from the budget of traditional items to the budget programs and performance, which achieves tangible achievements on the ground, and contribute to the elimination of financial and administrative corruption. Al-Azzawi said that the shift in the budget from the items to the programs and plans in line with the strategies and plans issued by the government in previous times require the will and persistence in the change from all parties, and it needs considerable time and endeavors, especially with regard to the involvement of competencies and representatives of the private sector in This aspect of the success of the process of transformation and achieve the desired goal. On the other hand, a member of the Finance Committee parliamentary Mahasn Hamdoon said in a press statement that the continuation of the adoption of the system of balancing the traditional items, is no longer suited to the way of managing the joints of the state, especially after the decentralization of the administration of the provinces. She explained that "the shift in the direction of the system of balancing the programs and performance is urgent, because the government and because of the scarcity of financial allocations, has already implemented the policy of programs fast, medium and long in the presence of the system of items, and many intersections created confusion and caused the delay of completion of projects. "The concern of the concerned authorities of corruption forced them to continue in the system of balancing items, which gives the regulators a greater opportunity for control, stressing that if the implementation of the program policy will be an opportunity to control with the granting of a broader mandate of the administrative units, represented in the provinces to plan and implement programs independently and accounting for it from Before the government, in the event of failures or corruption. " The federal budget has been raised from $ 32 billion to over $ 100 billion in previous years, but has been exhausted in covering operating expenses, which account for more than 78 percent. Azzawi reiterated the need to shift towards balancing programs, especially in a large country such as Iraq, which is witnessing a revolution in the world of business and investment, which is consistent with this type of budgets that ensure the achievement and better completion of the projects needed by the country, especially after the struggle of many difficulties, notably financial austerity And military operations against terrorism, which requires the government to develop plans and programs beyond this stage, including the reconstruction of liberated areas, and infrastructure projects. Prime Minister Dr. Haidar al-Abbadi directed the advanced owners in the Ministry of Finance, a thorough review of the proposal for the federal budget for the year 2018, and reduce the operational expenses of the three presidencies and ministries and non-linked to the Ministry to the minimum, to ensure the insurance expenses base, "stressing the need to secure international and national obligations in the payment of loan dues and benefits , And continue to secure contractors' receivables. He called on the Prime Minister to work to strengthen non-oil revenues by activating various activities and increasing productivity, and to confirm the revitalization of the private sector so that it can perform its role in improving economic performance and raising its contribution to the national GDP. According to research and studies, the structure of the traditional budget is based on the fact that public expenditure is classified administratively, that is, public expenditures are distributed among the departments and ministries whose budgets are entered into the general budget in the form of appropriations or annual allocations. These annual amounts are allocated to each administrative unit in a qualitative form , And according to the purpose of the expenditure called expenditure items or spending items and are often similar. The budget of the programs and performance complements the balances of the administrative units to the functions and tasks, then the main programs and then the other sub-links between them and the financial statements, while the performance budget provides management with accurate measurement methods such as unit cost, measurement of work and performance rates . http://www.alsabaah.iq/ArticleShow.aspx?ID=144646 .
    0 replies | 45 view(s)
  • harry's Avatar
    Today, 07:25 AM
    good morning to all ds i pray that everyone will have a safe and blessed day today.
    729 replies | 38373 view(s)
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  • harry's Avatar
    Yesterday, 08:23 AM
    Oil Minister: Iraq needs a barrel price of $ 55-60 to pay financially 09/20/2017 Iraq needs oil prices ranging from $ 55-60 to self-sufficiency and better financial status, Oil Minister Jabbar Laibi said on Wednesday, pointing out that the country aims to develop oil industries. "Iraq is aiming to develop the oil industry through the national effort and with the participation of the world's solid investment," he said. He added that "the disadvantage", "The ministry is seeking to develop the oil and gas industry in Iraq through the strategic plans developed and working to implement them through the national effort or cooperation with companies to rehabilitate and develop oil fields produced in the country," as well as "conducting geological survey to detect reservoirs Oil and gas ". He continued, "the disadvantage", "The Ministry attaches great importance to the optimal investment of gas associated with oil operations and petrochemical industries and the upgrading of infrastructure." "Iraq is in a dialogue with producers inside and outside OPEC to find appropriate solutions to confront the oil supply gap and the challenges facing the oil market," he said. In his comment on the relationship between the federal government and the Kurdistan Regional Government, he stressed that "the door of dialogue is open with the region to discuss all the outstanding problems according to the principle that national wealth belongs to all Iraqis and that the preservation and development of it is the responsibility of everyone and we must put the national interest and preserve the national wealth above Every consideration ". http://www.skypressiq.net/2017/9/20/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%8A%D8%AD%D8%AA%D8%A7%D8%AC-%D9%84%D8%B3%D8%B9%D8%B1-%D8%A8%D8%B1%D9%85%D9%8A%D9%84-55-60-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%84%D9%8A%D9%83%D8%AA%D9%81%D9%8A-%D9%85%D8%A7%D9%84%D9%8A%D8%A7
    0 replies | 59 view(s)
  • harry's Avatar
    Yesterday, 08:00 AM
    Jaafari participates in the work of the UN General Assembly09/20/2017 arrived foreign minister, Ibrahim al - Jaafari, to New York, to attend the session of the 72 General Assembly of the United Nations, and to represent Iraq in a number of meetings held on the sidelines of the session. "Al-Jaafari arrived in New York to represent Iraq at the 72nd session of the UN General Assembly," a statement from the ministry said. "Jaafari is expected to meet with foreign ministers and officials from a number of countries in the world to discuss bilateral relations. , And to strengthen them, and mobilize efforts to continue to stand by Iraq, and contribute to the reconstruction of the infrastructure of Iraqi cities. " http://www.alsabaah.iq/ArticleShow.aspx?ID=144566
    0 replies | 48 view(s)
  • harry's Avatar
    Yesterday, 07:56 AM
    Economic maturity09/20/2017 Economic Merit An important step that the Prime Minister presented to form the Higher Committee for Investment in Iraq under his chairmanship and the membership of a number of relevant ministries to consider the proposals and steps that can contribute to facilitate the completion of investment projects, especially the strategy, which many of them, "outstanding" has not benefited from them Neither the citizen nor the investor. We have preceded many countries in similar procedures such as Turkey, for example, where it has carried out two important steps that have a clear impact on attracting foreign investments. The first step was the establishment of the National Coordination Council to improve the environment Direct investment and development of policies that help to increase the competitiveness of domestic products. The second step was the establishment of the International Advisory Board, which includes the executive directors of the top twenty foreign companies in Turkey to attend a working day with the Turkish Prime Minister and the Minister of State of Economy to address the problems of investors and exit each time with a number of Recommendations. These measures have contributed to improving the investment environment and attracting foreign capital and from various countries until the investment in Turkey reached about 15 billion dollars a year, thus becoming one of the most attractive countries for foreign investments, although some believe that Turkey benefited greatly from the good situation it enjoys Political and security compared to other countries in the Middle East, especially with the change that has hit many of them, which was competing with Turkey to attract foreign capital, but its experience was successful. In order to benefit from the experiences of others and in the framework of enhancing the investment environment in Iraq, other steps must be taken to support the formation of the Higher Investment Committee. As well as the importance of dealing with cases of corruption that led to the withdrawal of foreign and domestic capital as well. In this context, it is necessary to review the evaluation of the efficiency and integrity of departments in investment bodies in general. I believe that the time has come for such bold and unpopular steps, especially as we finish the military page and move on to face the economic benefits that will be the decisive factor in evaluating the performance of the government and drawing the lines of our economic future . http://www.alsabaah.iq/ArticleShow.aspx?ID=144560
    0 replies | 55 view(s)
  • harry's Avatar
    Yesterday, 07:51 AM
    Oil settles amid talk of shrinking supplies of the Middle East09/20/2017 Oil has stabilized largely on Tuesday despite OPEC and Saudi Arabia talking about cutting supplies in line with efforts to reduce market supply and boost prices. Price restraint has fueled US rock production growth and fears of a new hurricane in the Caribbean that could disrupt refineries and disrupt shipping routes to and from the United States. Global Brent crude was trading at $ 55.48 a barrel, unchanged from the last settlement. US WTI hit $ 50 a barrel, up nine cents from the last settlement price. Iraq's oil minister, Jabbar al-Luaibi, said on Tuesday that his country's production of crude was currently 4.32 million barrels, compared to about 4.5 million bpd in May and June. http://www.alsabaah.iq/ArticleShow.aspx?ID=144558
    0 replies | 40 view(s)
  • harry's Avatar
    Yesterday, 07:48 AM
    Economist: Expanding the banking base reduces home-based compactness09/20/2017 The opening of the 24th branch of the Iraqi Trade Bank in one of the new commercial buildings (Mall of Babylon), "Dlala", the bank's efforts to provide the best services to customers, which urges citizens to deposit their money in banks and leave the habits of housekeeping. The bank branch was officially opened by representatives of the General Secretariat of the Council of Ministers, the Central Bank of Iraq and representatives of the Iraqi Trade Bank, along with the participation of representatives of the Association of Banks. The Director-General of the Iraqi Trade Bank Faisal Al-Hims said in a press statement: In turn, the economic analyst Rahim al-Shammari said in his statement to "morning" that "the opening of branches of banks, both in the capital Baghdad or other provinces, but shows the awareness of banking and keep pace with the work of international financial institutions in the acquisition of experiences and successful experiences." He added that "these steps are consistent with the government's intentions in support of the national economy The Iraqi Bank of Trade seeks to provide the best and widest banking services, to overcome the obstacles to the citizens and customers, as the branch will provide the" Babylon "service Jamar (the second branch in the capital Baghdad) to complete banking operations Without waiting, and the preference of the customer to give 0.5 percent on fixed deposit rates on the advertised prices, and also awarded the card Jamar, which gets discounts for some airlines, hotels, restaurants and get (two tickets for a quarter of theatrical performances and cinemas) Yeh that allow the holder to enter all the halls of honor at most international airports, in addition to other features, it will be the first government bank provides services on an ongoing basis and distinctive customers. Al-Shammari urged other banks to expand their banking base and increase the number of branches to facilitate the delivery of banking services to citizens, and to spread the culture and awareness of banking in Iraqi society, and urged citizens to deposit their money in banks and not hoarding in homes to keep them from accidents, thus entering the financial and economic cycle of the country and return Mutually beneficial. The Iraqi Trade Bank has 24 branches in Iraq and provides various banking services to all customers. It also strives to strengthen its banking services throughout Iraq, providing its services an important turning point in the field of banking to its customers from companies, individuals and government institutions. The size of its customers and the expansion of its business and activity in the market, and is a gateway to access to the outside world. http://www.alsabaah.iq/ArticleShow.aspx?ID=144556
    0 replies | 48 view(s)
  • harry's Avatar
    Yesterday, 07:39 AM
    good morning to all ds i pray that everyone will have a blessed day today and enjoy its, TUDOR you got to spend time with your daughter i know she light up your days, we have had hurricanes , and earthquakes and fires where damage was done we aks special prayer for those that lost love ones and watch over the one that try to put their lives back togther and give thanks to the the all mighty GOD as he will take care of them.
    729 replies | 38373 view(s)
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  • ksdunlap's Avatar
    Yesterday, 06:03 AM
    Happy Hump Day. AMEN Tudor, very well said .. “God please put your hands back on our nation for protection. Amen” !! Many prayers going up right now. I’m glad you got to spend time with your daughter. I will see some of my kids in a couple weeks. Bugs has a game close to where they live so we’re going to go stay the weekend with them. I pray everyone has a very blessed day. Stay safe & enjoy.
    729 replies | 38373 view(s)
  • tudor's Avatar
    09-19-2017, 09:31 PM
    Good evening everyone. Our youngest daughter came for a visit Sunday and stayed til this afternoon. Sure was nice to have her here for a few days. Always sad when they leave. Had a great visit! Hope all is well with everyone. Praying for all the ones in harms way of hurricanes and earthquakes, sheesh. God please put your hands back on our nation for protection. Amen
    729 replies | 38373 view(s)
  • harry's Avatar
    09-19-2017, 08:54 AM
    The United Nations refuses to hold a referendum on the secession of the Kurdistan region of Iraq 09/18/2017 The United Nations refuses to hold a referendum on the secession of the Kurdistan region of Iraq The United Nations announced its refusal to hold a referendum on the secession of the Kurdistan region of Iraq before the elimination of the gangs "da'ash" terrorist and the return of displaced people to the places of residence they were displaced. The Secretary-General of the United Nations, Stephane Dujarric, stressed that the Secretary-General does not support the holding of the referendum in Kurdistan at this time and before the elimination of "fully" appealed and the return of about two million displaced to their areas. The Secretary-General believes that this timing is frustrating to announce the holding of the referendum; Iraq is going through a difficult and critical stage, calling both Baghdad and Erbil to engage in constructive dialogue and effective at this time to resolve the outstanding issues between them. http://alghadeer.tv/news/detail/61109/
    0 replies | 64 view(s)
  • harry's Avatar
    09-19-2017, 08:50 AM
    Iraq: Parliament votes in its meeting today to amend the law of the Electoral Commission 09/19/2017 Iraq: Parliament votes in its meeting today to amend the law of the Electoral Commission The House of Representatives holds its regular session on Tuesday to vote on a number of bills. The agenda of the session includes "the vote on the proposed law to amend the law of the High Commission for the Independent High Electoral Commission No. 11 of 2007, and presented the report of the work of the Committee of Experts to select the members of the Electoral Commission for elections, and vote on the proposed law of the second amendment to the law of the Independent High Electoral Commission No. 11 of 2007" . It also includes voting on the candidates of the investigative committee for the kidnapped, completing the vote on the draft amendment of the Third Law of Governorates not organized in the region No. 21 of 2008, and vote in principle on the proposed law to amend the law of elections of the Council of Representatives No. 45 of 2013. It also includes voting in principle to a proposed law amending the Personal Status Law No. 188 of 1959, and vote on the draft ratification by mutual encouragement and protection of investments agreement between the Government of the Republic of Iraq and the Government of the Islamic Iranian law of the Republic, and the vote on the draft law amending the Association of Accountants and Auditors Act. " And included in the The agenda is to vote on the wording of a decision on the subject of the third round and to improve the rate, and to vote on the form of a decision regarding the cancellation of the decision of the Ministry of Higher Education and Scientific Research, At their residence. http://alghadeer.tv/news/detail/61133/
    0 replies | 62 view(s)
  • harry's Avatar
    09-19-2017, 08:45 AM
    Iraqi parliament extends the work of the Commission for one month and raise its meeting to next Monday 09/19/2017 Iraqi parliament extends the work of the Commission for one month and raise its meeting to next Monda A parliamentary source confirmed that the House of Representatives extended the work of the Electoral Commission one month, while noting that the Council raised its meeting to next Monday. The source said in a press statement on Tuesday: "The House of Representatives extended the work of the Electoral Commission for one month," noting that this came after the lack of a quorum for a secret vote on who supports judges as commissioners and those who support the report of the Committee of Experts. "He added:" The Council decided to adjourn Council to the next Monday, the twenty-fifth of this September. http://alghadeer.tv/news/detail/61145/
    0 replies | 34 view(s)
  • harry's Avatar
    09-19-2017, 08:00 AM
    Economy Where to? 09/19/2017 The transition period is very important in the Iraqi economy and come in the new, which fits with the data available in a promising economy with its natural and human resources. Iraq is almost unique in order to be very important and calculated accounts in many of the most important economies of the world, which is the presence of 50 percent of the people aged between 19 and 19 years and this is calculated for the development doors, which must be accompanied by ambitious plans for short, medium and long -term. This young society has the human resource, which is the cornerstone for the launch of economic advancement in addition to the natural resources scattered across most of Iraq, which gives him the opportunity to be the eighth economic tiger in the world. We have an economy with these important characteristics, but the reality of the situation indicates a decline in growth due to lack of performance in all sectors of production and service. Here is the need to stand at this point and we look at how we work to start towards the activation of economic activity, which needs to experience improved performance and work to achieve real renaissance really, because we can not remain idle and the world around us achieve benefits after benefits may reach us to The inability to deal with our problems, especially as the labor force is supported annually by "one million" in return, there are no outlets to prevent them. It is not harmful to take advantage of the global experience and employ it to serve the Iraqi economy after the nationalization of it, and there are experiences from countries in the world can work to benefit from them to be a good aid to our economy, which suffers a decline in all its joints. It is time to move a moment and move towards development, and it is not bad to use the centers of economic development or effective planning centers internationally to be a good aid to us and complement our national expertise to work on building an effective productive economy that achieves a multiplicity of resources and supports the federal budget and achieve the surplus in abundance and abundance of wealth. It is not difficult if accompanied by strong will . We must start a new stage that can be called an economic revolution that stems from the national feeling to be a catalyst for hard work away from narrow personal benefits in the public and private sectors and to be serious about changing the shape of the national economy towards a better stage . http://www.alsabaah.iq/ArticleShow.aspx?ID=144499
    0 replies | 74 view(s)
  • harry's Avatar
    09-19-2017, 07:55 AM
    Banking calendar attracts large foreign capital 09/19/2017 Financing represents the most important steps required to implement service and productivity projects and various aspects of the economy that await the optimal investment for its living and be an active contributor to the economic development process, which we look forward to overcome the first of the next period. Financial analyst Tawfiq al-Ani stressed that the reality requires the actual work to provide funding that drives the financial sector and projects and achieve development, which requires in turn to overcome the lack of confidence of the citizen banking system, stressing that it is not new, and the problems experienced by the banking sector was not the main reason, Negative effects on this sector, especially that the Iraqi citizen does not have the willingness to put his money in banks. He pointed out that this was because of the situation of the country confusing since decades, where continued wars to create a state of anxiety of the citizen made him lose confidence with the banking sector, and the banking problems and the bankruptcy of some banks to enhance the state of distrust. Interest rates. He added that the restoration of confidence needs to pass through several stages through the adoption of new mechanisms through the activation of electronic payment on a large scale in daily life, pointing to the need to raise rates of interest and work on the development of marketing systems in the domestic financial sector, and citizens must feel that his money safely After arriving at a convincing case that the bank is a real guarantor of its funds. Service Economy As for the financial analyst Abdul Hussain al-Hakim said: There is a collective duty and another individual to build confidence between the citizen and the financial sector, explaining that the first is the central bank and banks, either individual needs to the mechanisms of education on a large scale, indicating that the compactness, which amounts to 77 percent of the size "The local cash represents a loss for the Iraqi economy, where banks can attract 8 times the capital and employment in the service of the economy, as happens in the successful economies and here benefits the banks and citizens. Hakim pointed to the importance of the existence of communication between the financial sector and the citizen of the money, e NAC role of the Deposit Guarantee Corporation to build confidence between the parties, pointing out that banking transactions are now between banks and citizens need to expand its circle and here is the need to strengthen confidence. He pointed out that the non-invested cash mass is estimated at 77%, which can lead to growth in the same proportion in the national economy and contribute to the activation of credit and letters of guarantee, thus extending the credit "loans", indicating that the credit activity is now restricted. He pointed out that trust between the bank and the beneficiary raises the bank's financial solvency and this reflects a positive reality for the bank in front of international banks and entities. He stressed that the money that comes from abroad for investment purposes is also looking for guarantees, indicating that in all cases guarantees are working to attract funds to the investment sectors through banks and large numbers. He pointed out that attracting money to Iraq can be described as weak, despite the existence of international institutions that come with large investments in amounts that make a qualitative leap from these institutions Islamic Development Bank, but it comes on terms of the most important financial adequacy of local banks and the ability to attract deposits at specific rates. Workload He stressed that the progress of banking and raising the interaction with the citizen and the conversion of the mass of cash from homes to the financial sector contributes to attract large investments in excess of one billion dollars to the investment entity and these figures in any case pass through the banking sector and the role of increasing the volume of work linked to the financial space. Is a key pillar in achieving the personal and national benefit through the return it gets and contribute to building the national economy through the implementation of development projects that the economy and come back to the front depending on the money Almknzp. He said that the transfer of cash mass can be employed in the service of the national economy and enhance the spirit of citizenship more as it provides job opportunities and the emergence of residential complexes and the movement of all economic sectors and these are the most important benefits of the transfer of the bloc Almtzzaza to the banking sector. http://www.alsabaah.iq/ArticleShow.aspx?ID=144498
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  • harry's Avatar
    09-19-2017, 07:46 AM
    good morning to all ds i pray that everyone will have a blessed day we have.
    729 replies | 38373 view(s)
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  • ksdunlap's Avatar
    09-19-2017, 05:51 AM
    Good morning family. I'm praying each of you enjoys a fantastic & blessed day!
    729 replies | 38373 view(s)
  • harry's Avatar
    09-18-2017, 07:54 AM
    good morning to all ds i pray that each one will receive a special blessing today and enjoy this day.
    729 replies | 38373 view(s)
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    729 replies | 38373 view(s)
  • ksdunlap's Avatar
    09-18-2017, 05:54 AM
    Good morning everyone. I pray each of you enjoys a wonderful Monday. Many blessings & prayers for all.
    729 replies | 38373 view(s)
  • harry's Avatar
    09-17-2017, 08:30 AM
    Maliki's policy describes Kurdistan as "Israel again" and threatens: we will not allow it 09/17/2017 The vice president and leader of a coalition of state law, Nuri al-Maliki, on Sunday, said the Kurdish state in northern Iraq would be a "second Israel," stressing that they would not allow it. Maliki's speech came during a meeting with US Ambassador to Iraq Douglas Silliman, according to a statement by his office, which was seen by Shafak News."Maliki said, according to the statement," the need to cancel the referendum or postponed because it is unconstitutional and is not in the interest of the Iraqi people in general and not for the benefit of the Kurds in particular, "threatening" we will not allow the establishment of Israel again in northern Iraq. "He warned of "the serious repercussions that will result from this (referendum) on the security, sovereignty and unity of Iraq," calling for "follow the language of serious dialogue to resolve all problems in accordance with the Constitution voted by all. "Maliki called on the leaders of the region to "respect the desire of the Iraqi people rejecting the referendum as well as the positions of the international community, which came in line with popular and national aspirations. "Maliki, known for his close ties to Iran, headed the Iraqi government for eight years before the current session, as his relationship with Kurds and Sunni Arabs deteriorated because of accusations that he pursued sectarian politics and individual decisions. The region's leaders say they will press ahead with the referendum despite domestic and international demands to delay it and signal Baghdad using military force. The region says it is no longer possible to continue to partner with Baghdad as a result of Iraqi officials' lack of commitment to their promises and constitutional provisions, particularly with regard to settling disputes over areas of conflict. http://www.shafaaq.com/ar/Ar_NewsReader/0bb3d0de-7818-4516-8c49-7e89b4883319
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  • harry's Avatar
    09-17-2017, 08:25 AM
    integrity economy challenges a judgment against a dollar manipulator 09/17/2017 The Integrity Commission said on Sunday that it had challenged the ruling issued against the director delegated to a private bank; to manipulate the auction of selling and buying foreign currency, indicating that the decision to impose a fine of a fine of seventy million dinars. The Commission explained in a statement to the twilight news that "the Investigations Department in the Commission, referring to the details of the appeal filed by the Chairman of the Integrity Commission in addition to his function, indicated the Commission's lack of conviction of the decision and asked to veto it. She added that "the evidence obtained from the facts of the case was sufficient to criminalize the accused to prove that they bought the dollar currency from the auction of the Central Bank and transfer them out of Iraq (300,698,000) million US dollars without the import of any goods or goods in exchange for them, and to confirm this statement by the legal representative of the Central Bank of Iraq, Financial control ". She added that "the Criminal Appeals Commission in the Court of Appeal of Baghdad - Rusafa Federal ratified the decision to criminalize," noting that "the punishment imposed is not commensurate with the penalty of the conviction, as well as it does not achieve the deterrence required, so decided the discriminatory body to revoke and return the file to the court; For the purpose of tightening them to the appropriate extent, and taking into account the amount of funds transferred abroad in violation of the law.It is worth mentioning that the Court of Misdemeanor Jurisdiction on the issues of integrity issued on 22/2/2017 a judgment in absentia against conviction, which requires a severe imprisonment for a period of one year with a fine of ten million dinars paid in the Fund in cash in accordance with the provisions of Article 19/4 of the Anti-Money Laundering Law No. 93 for the year 2004, and when not paid, she is held in a simple detention for six months. On 9/7/2017, the Court of Misdemeanor Misdemeanors decided to amend the absentee judgment on the conviction by fining it a sum of seventy million dinars in accordance with the provisions of article 3 / b of the Anti-Money Laundering Law No. 93 of 2004, and in case of non-payment of imprisonment for one year, 131, 133) of the Penal Code, after acceptance of the objection to the absentee judgment; for its occurrence within the legal period, which called on the Commission to appeal against the decision to impose the fine and demand its tightening. http://www.shafaaq.com/ar/Ar_NewsReader/d5583cea-a21f-4239-af32-076aa13292be
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  • harry's Avatar
    09-17-2017, 08:18 AM
    Fayez: Economic Committee will reject the law of social security upon arrival to the House of Representatives 09/17/2017 A member of the Economic Committee MP Amer al-Fayez, the determination of his committee to reject the law of social security in full upon arrival to the House of Representatives. Al-Fayez said in a press statement that "the most negative of the negatives is that it cancels several laws, including the Unified Retirement Act, the University Service Act and the Military Service Act. The General Retirement Authority regulates the issuance of instructions, which is illegal, there is no decision to cancel important laws, . He stressed that "the instructions issued at any moment and can be changed at any moment, so the House of Representatives does not agree to this law unless there is a clear law and not just paragraphs." The Cabinet recently approved the draft social insurance law, where Prime Minister Haider Abadi said it would include the largest segment of citizens, including private sector workers and the families of martyrs who fought to support the terrorist. http://www.knoozmedia.com/257180/%D9%81%D8%A7%D9%8A%D8%B2-%D8%A7%D9%84%D9%84%D8%AC%D9%86%D8%A9-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9-%D8%B3%D8%AA%D8%B1%D9%81%D8%B6-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84/
    0 replies | 58 view(s)
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