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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  • Bondlady2's Avatar
    446 replies | 21335 view(s)
  • harry's Avatar
    Yesterday, 08:57 AM
    Iraq spends 920 billion to buy oil products from Iran and Kuwait7/21/2018 BAGHDAD - Oil expert Nabil al-Marsoumi said on Saturday that the money Iraq spends on buying oil products from neighboring countries is enough to build several refineries in the country that meet domestic demand, indicating that Iraq has so far spent 920 billion dinars in purchasing products. "Iraq is the second largest producer of oil at the level of OPEC and the fourth largest producer in the world, yet the successive governments and oil ministries failed to build a refining industry that could meet the needs of domestic demand for petroleum products, which led to the import of some Including from Iran and Kuwait in large amounts amounted to 920 billion dinars in 2018 to provide fuel for power stations and transportation. "If there was a national economic policy to invest surplus oil money in the construction of a group of oil refineries in a number of Iraqi provinces, which will fill the domestic needs of petroleum products without the need for import and to provide tens of thousands of job opportunities for the unemployed. The Ministry of Electricity, announced on Friday, the direct oil ministry of Kuwait to equip the ministry with fuel Alkasael to operate the obstruction units. "Under the direction of the Amir of Kuwait, Sabah Al-Ahmad Al-Jaber Al-Sabah, the Kuwaiti Ministry of Oil will start supplying the Iraqi Ministry of Electricity with the fuel of Al-Kassa'il to operate the suspended generating units and support the operating units," the ministry said in a statement. "A Kuwaiti barge loaded with 30,000 cubic meters of kerosene will arrive on Saturday at the ports of Basra as a first payment," it said, adding that "the other quantities will continue periodically over the next few days." In the same context, the National Investment Authority, during the recent donor conference in Kuwait, three oil refining projects with a capacity of 600 thousand barrels per day, the largest in the province of Basra with a capacity of 300 thousand barrels, and two in Dhi Qar and Anbar with a capacity of 150 thousand barrels each. Iraq's need for oil derivatives increased after the terrorist organization Da'ash seized control of the Baiji refinery in Salah ad Din province in 2014, which provided about one-third of the country's needs of 170,000 barrels per day. The refinery is still out of service because of serious damage. http://aynaliraqnews.com/index.php?aa=news&id22=101938
    0 replies | 58 view(s)
  • harry's Avatar
    Yesterday, 08:39 AM
    Iraqi Central Bank denies preventing the movement of funds and transfers to the Central and southern regions7/21/2018 the CBI, denied Saturday, has gone through the social networking sites of purported publication includes preventing the movement of funds and transfers to the Centre and South of Iraq, its right to take all legal actions against the purveyors of such publications in the Bank said. A statement that "some social networking sites fake publication deliberated attributed to the Iraqi Central Bank includes (prevent the movement of funds and transfers to the Centre and South of Iraq). " the statement said, "while we deny the issuance of such instructions, call upon the media for precision and caution And adoption of data published on the official website of the Central Bank and the Bank's information Office confirmed the Bank, "the right to take all legal actions against the purveyors of such tendentious publications. " and she pages on social networking sites have reported news that Central Bank Saddam issued a decree preventing the movement of funds and transfers to the Centre and South of Iraq in these areas of protests deteriorating services and poor electricity and high unemployment rates. http://aliraqnews.com/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D9%8A%D9%86%D9%81%D9%8A-%D9%85%D9%86%D8%B9-%D8%AD%D8%B1%D9%83%D8%A9-%D8%A7%D9%84/
    0 replies | 42 view(s)
  • harry's Avatar
    Yesterday, 08:36 AM
    Iraq solve ranked 108 worldwide annual per capita7/21/2018 -solve Iraq ranked 108th, on the United Nations agenda in the special report on the world's ranking by gross domestic product per capita annually, where Iraqis are suffering low standard of living and high rates of poverty and unemployment as a result of corruption and policies Misconceptions by successive Governments after the invasion Iraq arrangement. After Ukraine and El Salvador, where the fate of the Iraqi capita report relative to GDP by $7390. at the time of a massive disparity between the monitoring report states that individual earnings reaped first echelon in the list And those that the her, with the world's highest per capita income in Qatar more than 98 000, in the Central African Republic $540. the political class in Iraq the world's richest after Rob them of public money and still. http://aliraqnews.com/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%8A%D8%AD%D9%84-%D9%81%D9%8A-%D8%A7%D9%84%D9%85%D8%B1%D8%AA%D8%A8%D8%A9-108-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A7%D9%8B-%D8%A8%D9%85%D8%B9%D8%AF%D9%84-%D8%AF/
    0 replies | 40 view(s)
  • harry's Avatar
    Yesterday, 08:28 AM
    Abadi issues 14 important resolutions to solve the problems of Dhi Qar7/21/2018 And after the meeting with a delegation of elders and dignitaries of the province of Dhi Qar and the local government, Prime Minister Haider al-Abadi issued 14 important decisions to resolve the problems of the people of the province and to pay their share of petrodollar Baghdad / Dhi Qar province, where he directed the launch of appointments in the province and pay its share of the petrodollar, and re-calculation of the share of Dhi Qar of electricity and ensure its share of water and other decisions, while waiting to meet Abadi Saturday, a similar delegation from Muthanna province to identify A statement to the Prime Minister's Information Office received by al-Sabah said Abadi said during a meeting with elders and dignitaries of Dhi Qar governorate and the local government to listen to the demands of the province in the presence of members of the service and security crisis cell. "The government met the real demands of the demonstrators and we formed a crisis cell to meet them. . "We have short-term projects to improve electricity and water, Health, education and municipalities. There are also medium-term projects that need to be contracted and there are long-term and strategic projects. " And Abadi, that «the government listen to the demands of our people and our sons and clans in Dhi Qar and respond to them and if there is a mistake we retreat because the body is living is the reaction of either the body dead there is no reaction to him», and went on to say: «We will listen to every voice wants to provide Services and wants the interest of the country and therefore we have to cooperate together, and there are four basic joints we are working on water, electricity, health and schools as well as economic aspects ». The decisions of the mission and the Abbadi, according to the statement to the demands of the province and directed «the launch of appointments to the degrees of movement of owners in the province of Dhi Qar and the mandate of the Ministry of Finance to provide financial cover in various sectors and installed in the ministry, and pay the share of the province of petrodollar, and be re-calculated share of the province of Dhi Qar of electric power under The Ministry of Electricity is working to equip the province with mobile power stations as soon as possible ». http://www.alsabaah.iq/ArticleShow.aspx?ID=160289
    0 replies | 48 view(s)
  • harry's Avatar
    Yesterday, 08:21 AM
    The Presidency of the Republic clarifies the reasons for the ratification of Law 13 of the House of Representatives 7/21/2018 Abadi declares his rejection of the law and confirms the submission of an appeal by Baghdad / morning The Presidency of the Republic issued a clarification on the approval of President of the Republic Fuad Masoum on the Law of the House of Representatives and its Formations No. (13) for the year 2018, as well as the Presidential Decree to refer the members of the Council for its third term on retirement, while Prime Minister Haider Al Abadi challenged the law, Financial implications. The Presidency said in a statement received by al-Sabah: "The social networking sites and media sites circulated today, news of the ratification of the rule of President Fuad Masoum on the Law of the House of Representatives and its Formations No. (13) for the year 2018 as well as the issuance of the Republican decree to refer members of the Council for its third term on retirement "Noting that« the Republican decree above was issued on the basis of the provisions of Article (13 / I) of the law of the Council, which indicated (first - taking into account Article 8 of this law is transmitted by presidential decree the President and Vice-Presidents and members of the Council to retire) The Presidency of the Republic shall issue the decree in application of the provisions of the decree "The law was presented to the President of the Republic, who in turn referred it to the Legal Department for review and scrutiny. After examining the law, it was found that there were many constitutional and legal violations that were included in its provisions, in addition to the principle of separation of powers, Between rights and duties. As a result, the President of the Republic returned the law to the Chamber of Deputies with a view to removing those violations which were mentioned in a detailed reading to the Council under the President's letter No. 719/5/1 of 25 March 2018. The Presidency of the Republic, that «the law was returned to the presidency for the second time to request ratification under the book of the House of Representatives No. 5495/9/1 on the seventh of June 2018, based in their communications that there are no constitutional or legal irregularities in addition to the Council claims that there is no constitutional provision that "The President of the Republic has refrained from signing to include constitutional violations, but the law has been passed by the legal period and has been sent for publication accordingly." The Presidency pointed out that it "has worked to address all legislation in which there are constitutional irregularities or a deviation or a legislative defect, and has always challenged the legislation before the competent court, but this procedure is still inadequate and insufficient", explaining that «in order not to issue legislation that Violate the Constitution and lead to damage to public money or prejudice to public rights and freedoms, the Presidency believes that its right to object to these legislation and prevent the issuance of and will take all the constitutional means to do so ». For his part, said a statement of the Office of the Prime Minister Media, received by the morning, that «the Prime Minister rejected the law of the privileges of deputies, which was legislated by the Council in a vague and which the presidency of the Republic now». The statement added that «Abbadi confirmed the submission of an appeal because he did not get the approval of the government as it has financial implications». http://www.alsabaah.iq/ArticleShow.aspx?ID=160283
    0 replies | 35 view(s)
  • harry's Avatar
    Yesterday, 08:07 AM
    good morning to all ds i pray that everyone will have a blessed weekend and enjoy its.
    446 replies | 21335 view(s)
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