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

Activity Stream

Filter
Sort By Time Show
Recent Recent Popular Popular Anytime Anytime Last 24 Hours Last 24 Hours Last 7 Days Last 7 Days Last 30 Days Last 30 Days All All Photos Photos Forum Forums Articles Articles
  • guardian's Avatar
    Yesterday, 11:34 PM
    Citizen Nuri al-Maliki leaves green By confident Jabri - 29-08-2015 | (Voice of Iraq) | seems that most politicians have become more than a citizen; talk of reform, and competed to raise their hands before the completion of reading the texts of the reforms package, and did not let the occasion to talk about their steps tireless in construction?! They are geniuses construction boom that is unmatched in the world; they jumped on the history and Tjaozhu time and Tefroa hereditary, although corruption men, including to kill him ?! talking about corruption Rbibam, and some of them came out protesters; Voskth people and dragging the tails of defeat, and sounds in his ears calls corrupt corrupt. did not expect politicians gathered people Vrkoh; to dependencies and communities, and he was not imagined of sat on the necks; that exposes corruption and possession of public property, even angry politicians people forced; acceptance package reforms first and second and third, and hopes to be applied in record time planning to a glimmer of hope that beyond. canceled immediately vice president and the ministers, and have become citizens without protections are supposed to live among us, and suffer power cuts and poor services and wait for share Altamonah, and required them to be in the popular crowd to defend the homeland, and with the advocates of reform, and detect if in themselves and their parties. incorporated a second package of some ministries, and abolished positions Almtharian and reduce the number of protections, and in the third Packages: returned property seized by the politicians, and re-evaluate the sale of land lease, and open the Green Zone to the citizens, it is our right to believe the message which says: "Citizen Nuri al-Maliki left Baghdad , accompanied by Medhat al-Mahmoud and a number of parliamentarians for the rule of law, and evacuate their homes inside the Green Zone "; as a natural third reform package as a result, and a conclusion to say all the forces it with reforms even on itself. reported the story on my personal, since any progress in the reforms; Parallel to progress our troops on the battlefield of honor, and she says the reference: that reform battle parallel Ulkipaia Jihad, Vtvaal participated commented thousands on the news, Ouseltni messages on your ask for the news source, including a message from Mr. Abbas al-Musawi, a former adviser; former prime minister. The news source is the will of the masses, and hope for the demise of the space surplus positions, and achieve reforms to get rid of political waste, and self-examination to search for the corrupt who have caused the entry of terrorism, and Mr Nuri al-Maliki is a citizen and duties and his rights, and be held accountable for mistakes, and predicted waiver Mahmood; as a result of the demands of the three weeks, and urgency reference to reconsider the elimination, while the members of the state law; Most of them advisers and deputies have received homes in the Green Zone, and exit a matter of course before entering the citizens and asked, "Where did this to you" ?! reform is not a slogan on the back of the waves to demonstrate, not promises in the land of reality, Sdaha corruption, and burned terrorism because of it. From the right of the citizen question and accounting charge, and a review of the corruption of the State Administration of 2003, check the cause of the collapse and how sat spoilers, and given them hundreds of meters, residential land in the heart of the capital; the price of 10 thousand dinars per meter while the price of those 6 million dinars ?! And one-third of the people does not have a 50-meter housing ?! And ask about how to rent palaces at nominal prices, and contracts extending to 200 years ?! And ask why 12 years to Medhat al-Mahmoud, and this speech is not concerned by hand alone; it wants to reform him to start his own, and heard praising adviser and unbelievable. Confident Jabri http://www.sotaliraq.com/mobile-item.php?id=192585#axzz3kGknVkSk
    0 replies | 28 view(s)
  • guardian's Avatar
    Yesterday, 11:22 PM
    Iraq PM orders forces to prepare to open Green Zone August 28, 2015 6:02 AM Iraqi security forces set up checkpoints on streets leading to the heavily fortified Green Zone in Baghdad on March 26, 2012 (AFP Photo/Ahmad al-Rubaye) Baghdad (AFP) - Iraqi Prime Minister Haider al-Abadi has ordered security forces to prepare to open Baghdad's heavily fortified Green Zone government and embassy area to the public, his office said Friday. The order comes in the third week of a reform drive by Abadi aimed at combatting rampant corruption and streamlining the bloated government, in response to weeks of protests and calls from top Shiite cleric Grand Ayatollah Ali al-Sistani. Abadi directed security forces to make "the necessary arrangements to open the Green Zone to the citizens," a statement from his office said. If the move actually goes ahead, it is likely to face significant opposition from embassies in the Green Zone -- including those of the United States and Britain -- due to security concerns. While attacks have dropped in Baghdad compared with the first half of last year, bombings that are sometimes claimed by the Islamic State jihadist group are still a frequent occurrence in the capital. The Green Zone is surrounded by high concrete walls, guarded by labyrinths of successive checkpoints and protected by Abrams tanks, armoured personnel carriers and elite members of the security forces. It held lavish palaces occupied by former president Saddam Hussein and other senior figures and supporters of his regime before his overthrow in 2003, but was much more accessible then than it is now. After his fall, those same palaces served as the headquarters for the US-led occupation, and later for Iraq's new political elite, whose corruption has aroused widespread popular ire. Easy entry requires going through a byzantine process to obtain necessary badges that has itself been said to be a source of graft, with large payments reportedly expediting the procedures. Abadi also ordered that streets shut by political parties and influential figures be opened in Baghdad and other provinces. Top politicians have closed off roads leading to their homes and even those of their relatives in Baghdad, while pro-government militiamen have also shut streets, adding to the already dense traffic in the capital. The premier also ordered the formation of committees to review the sale and rental of state properties and to return illegally obtained assets and restore to the state those that were "unfairly evaluated". Some top politicians have managed to obtain Saddam-era palaces or other valuable properties either free of charge or for far less than their true value. Both opening the streets and efforts to recover ill-gotten state assets are almost certain to face major resistance from politicians across the political spectrum who have benefitted from both. http://news.yahoo.com/iraq-pm-orders-forces-prepare-open-green-zone-100213145.html
    0 replies | 21 view(s)
  • guardian's Avatar
    Yesterday, 07:44 PM
    Thousands turn out for fresh anti-corruption protests in Baghdad #InsideIraq The protests have been taking place for weeks, but supporters of Muqtada al-Sadr participated for the first time on Friday Iraqi women protesters shout slogans during a demonstration against corruption in Baghdad's Tahrir Square (AFP) MEE and agencies Friday 28 August 2015 19:23 UTC Last update: Friday 28 August 2015 19:29 UTC Thousands of Iraqis once again took to the streets Baghdad's Tahrir Square on Friday to protest rampant corruption in the country. The crowds included supporters of the powerful Shia cleric and political leader Muqtada al-Sadr for the first time since the protests began earlier this summer. Protesters have taken to the streets of Baghdad and cities in the Shia south for weeks, railing against rampant corruption and abysmal services, especially power outages that leave just a few hours of government-supplied electricity per day during the scorching summer heat. Prime Minister Haider al-Abadi has responded to the demonstrations and a call from Iraq's top Shia cleric, Grand Ayatollah Ali al-Sistani, with a reform programme aimed at curbing corruption and streamlining the government, but it is still in its early stages. At Friday's demonstration, hundreds waved Iraqi flags and chanted anti-corruption slogans in previous weeks, but this time the crowd also included supporters of Sadr, responding to his call to take part. Sadrists, many of them dressed in black, chanted slogans including "Bye bye Nouri al-Maliki" and called for the ex-prime minister, whose eight years in office were marked by widespread corruption, to be executed. "We came out in support of the reforms that were announced by Prime Minister Abadi. We want to push and support the state in implementing them," said Nafia al-Bakhaki, an official in the Sadr movement. "All the officials in the previous governments, especially Maliki's government, are responsible for corruption," said Sheikh Samir al-Zraijawi, also from the Sadr movement. However, not all welcome the involvement of Sadr and his supporters. Sadr's party had ministers in Maliki's governments and it still wields significant influence despite the 43-year-old cleric seeking to officially distance himself from politics as he pursues religious studies. "It is hypocritical and misleading are with the people," said Iraqi Communist party member Siham al-Zubaidi, noting their strong presence in parliament and the fact that a since-resigned Sadrist deputy premier faces corruption allegations. Parliament signed off on Abadi's proposed reforms as well as additional measures, and the prime minister has begun ordered changes, including the scrapping of 11 cabinet posts and for the bloated number of guards for officials to be slashed. But even with popular support and backing from Sistani, the fact that parties across the political spectrum benefit from corruption is seen as a major obstacle to the nascent reform effort. http://www.middleeasteye.net/news/thousands-turn-out-fresh-anti-corruption-protests-baghdad-378977119
    0 replies | 49 view(s)
  • harry's Avatar
    Yesterday, 06:01 PM
    Iraq get a credit rating attracts investment 8/30/2015 0:00 Researcher: investment companies were invoked against his presence BAGHDAD Mustafa al-Hashimi is Iraq for the sovereign rating officially the first steps in the way of attracting foreign investment to enhance the infrastructure and the promotion of economic reality, as the investment companies were ndash; according to Mtabaan- taken from Iraq's failure to get the sovereign rating as a pretext prevent or hampered from investing in spite of the facilities created by the investment 13 Act of 2006. known credit rating GCR an acronym for (global credit rating) as a measure to assess the possibility of the borrower to meet its obligations in the face of lenders, or in other words, the risk of non-payment of lender (source Sindh) to fulfill its obligations (loan value and benefits) of the borrower (bond holder). And is rated the world's credit ladder classification consists of four grades are A, B, C and D as well as variables that represent signal the + or - different Petkrarat. The Fitch International Foundation has awarded Iraq a few weeks before the first credit rating has sovereign versions of which is sought by Country Before his intention to issue international bonds worth five billion dollars, aims to ease the pressure drop in oil prices on the budget public. In this context, he said economic researcher Maha Ihsan thanked the positive impact that will impact on the economy after obtaining the credit rating degree B- from the international rating agency Fitch through Auxiliary and reconstruction in Iraq by increasing presence of foreign investment companies which attracted the presence of classification, even if weak degree. The researcher noted in an interview for »Sabah» that Iraq is suffering now terror gangs (Daash) significant decline in oil prices, which has seriously damaged in the budget of the country as well as investment projects in a number of provinces and that was reliable so much in promoting economic development has stopped. Economists believe that Iraq is for the sovereign rating and the low is better than not having any degree of classification because the lack of a degree classification means that the country is one of the areas no investment even if high-risk. chose B_ Fitch rating with a stable outlook for Iraq which is less than six degrees from investment grade (AAA or A +++) attributed it to political risk and weak security She was of the most serious risks faced by any sovereign entity has assigned A- from Fitch. and returned researcher of thanks to say that one of the main obstacles that were facing investment companies may still leaving only the security situation improves, especially that there are sweeping reforms put forward by the government to fight corruption campaign, to go away all the excuses invoked by those companies, including the subject of credit rating. was of the view that the economic potential of the Iraq, including that the owner of the fifth-largest oil reserves in the world what it takes to become an investment countries attractive to a large number of investors. She drew thanks to this class low in the classification can be modified in the near future if the government urged paced quickly in the way of reforms and resolving the energy problem, which is an important factor in raising the level of GDP and activate the various productive sectors. seeks most governments and countries, companies or financial entities to obtain credit rating so as to allow her to get the funding they want through local markets or external reason to urge the pace for the highest degree of classification between the countries of the world to improve the economic reputation and the development of the joints of the various productive sectors, to assure the countries wishing to invest the economic structure intact and its environment are valid, as well as the credit rating reduces the cost of borrowing when the state needed to decode the financial debt Achtnaqatha the outside. The economic expert, Dr. appearance of Mohammed Saleh had earlier predicted to be classified Iraq credit probably at a B returned him a good indication of the reason for optimism, pointing out (morning) at the time that: this order in Classification defined by the intensity of the Iraqi appetite for bonds sold in international markets, amounting to $ 2.7 billion annual interest rate steady at 5.8 percent Stressing that the presence of a credit rating, though low, is better than no rating basically. http://alsabaah.iq/ArticleShow.aspx?ID=99005
    0 replies | 59 view(s)
  • harry's Avatar
    Yesterday, 01:03 PM
    well at least he think about iraq and what is right
    2 replies | 74 view(s)
  • tudor's Avatar
    Yesterday, 09:51 AM
    Good Saturday mornng ksd, guardian, Roadrunner, harry, gigi3, cleopatra, Dinar Investor, Jade, and all of DS! I am on my way to cleos but will stop and get a fresh batch of SPUDNUTS for you all to try. I also have to stop at Roadrunners on the way to say hey and sneek a chunck of that blueberry upside down cake, sounds yummy! See ya all later, this is gonna be fun!! Have a great day all!
    193 replies | 5103 view(s)
  • guardian's Avatar
    Yesterday, 09:49 AM
    Ahhh I see many see the twisted mind of Maliki.
    1 replies | 74 view(s)
  • b1955's Avatar
    Yesterday, 09:39 AM
    Hope all of you DS'er have a Great Weekend Enjoy!!! :) :) :)
    193 replies | 5103 view(s)
  • Roadrunner's Avatar
    Yesterday, 09:33 AM
    Good morning ksd, tudor, cleopatra, Bondlady2, guardian, harry, b1955, Dinar Investor, gigi3, jade, russell, FITTER1 ,wil-e-coyote, SandyB and all DS folks. Just popping in- not to interrupt the morning circle of kaffee drinkers- you know who you are so enjoy!! Having my tea and toast(actually blueberry upside-down cake and bacon) this morning. Please enjoy the day good citizens..
    193 replies | 5103 view(s)
  • guardian's Avatar
    Yesterday, 09:05 AM
    UNBELIEVABLE!! Security columnist: al-Maliki to blame for Iraq's fall Amazing!!! - HD Published on Aug 29, 2015 Slate's National Security Columnist Fred Kaplan explains why he thinks Iraq's PM is to blame for the rise of ISIS.
    1 replies | 74 view(s)
  • Bondlady2's Avatar
    193 replies | 5103 view(s)
  • harry's Avatar
    Yesterday, 08:24 AM
    Urgent Jubouri cancels his visit to New York to complete the legislation and reforms file 2015/8/29 15:47 canceled House Speaker Salim al-Jubouri his visit to New York, which was scheduled to be conducted early next month in September to attend the heads of the World Conference of Parliaments. A statement by his office received by all of Iraq that "the decision to cancel the visit comes because of the exceptional circumstances through which Iraq and the keenness of President of the Council and his insistence on speeding up to meet the demands of the people across the follow-up regulatory continued progress of the implementation of government and parliamentary reforms, due to reach a lot of important laws to ripening stage and that you need during this period to a fast and speedy approval. "The prime minister Haider al-Abadi had taken a similar decision to postpone his official visit to China, which was scheduled in 19 of this August to follow up the implementation of reforms launched by. http://www.alliraqnews.com/modules/news/article.php?storyid=14017
    2 replies | 74 view(s)
  • harry's Avatar
    Yesterday, 08:11 AM
    House Speaker cancels his visit to New York in order to complete and file legislation reforms 29 August, 2015 Canceled House Speaker Dr. Salim al-Jubouri his visit to New York, which was scheduled to be conducted early next month in September to attend the heads of the World Conference of Parliaments. The decision to cancel the visit because of the exceptional circumstances through which Iraq and the keenness of President of the Council and his insistence on speeding up to meet the demands of the people across the follow-up regulatory continued progress of the implementation of government and parliamentary reforms, due to reach a lot of important laws to maturity and that you need during this period to a fast and speedy approval. http://www.parliament.iq/details.aspx?id=49672&AlwType=Pre
    2 replies | 74 view(s)
  • harry's Avatar
    Yesterday, 08:06 AM
    The meeting's agenda number (17) Saturday (29) August 2015 29 August, 2015 The third parliamentary session The second legislative year The first legislative term First: read verses from the Koran. Second: questioning Mr. Minister of Electricity. Third: vote on the draft law of the National Guard. ( and Defense Committee, the Legal Committee), (22 article). Fourthly: discuss the subject of suspicious activities in support of the Daash. Fifthly: discuss the issue of displaced balances in banks. Sixth: The first reading of the draft law amending the Criminal Procedure Law No. (23) for the year 1971. ( Committee). ( material). Seventh: The first reading of the draft first amendment to the law to compensate those affected by the military operations and military errors and terrorist operations Law No. (20) for the year 2009. ( of the martyrs and victims and political prisoners). ( article). Eighth: the second reading of the draft law amending the Income Tax Law No. (113) for the year 1982. ( Committee, the Legal Committee). ( material). IX: The second reading of the draft law amending the Association of Accountants and Almedkaan law. ( Committee, the Legal Committee). ( article). X.: second reading of the draft law on ratification of trade cooperation between the Government of the Republic of Iraq and the Government of the State of Kuwait Convention on the Law. ( on Foreign Relations, the Committee on Economy and Investment). ( article). Eleventh: the second reading of the draft law against a Twelfth: the second reading of the draft reform law reviews and depositors. ( the Committee on Labor and Social Affairs, the Legal Committee, the Committee on Security and Defense, the Commission on Human Rights). ( article). Session starts at: ten in the morning. http://www.parliament.iq/details.aspx?EvID=19261
    0 replies | 42 view(s)
  • Dinar Investor's Avatar
    Yesterday, 08:02 AM
    it has a package of laws exceeded ten to support monetary policy, is preparing to be passed soon to parliament. So there are TEN laws that are going to be in a package that's to support Iraq's monetary policy to be passed "soon" Oh boy that word SOON again we all know what that means LOL. mmm I can only think of a few. I think I like this. No doubt Maliki has to be gone before this happens.
    1 replies | 83 view(s)
  • harry's Avatar
    Yesterday, 07:55 AM
    Parliamentary Energy: We will give a new draft of the law of oil and gas if they are not sent to Parliament 29/08/2015 12:16 Press direction / follow-up Student member of the Oil and Energy Committee Deputy Mazen Mezni Prime Minister Haider al-Abadi, Saturday, to send a draft oil and gas law to the parliament for legislation and approval. Said Mezni in a statement received "direction Press," The adoption of the oil and gas law will give a strong message to international companies of oil to enter the Iraqi market and investment in the field of oil to develop the economy and ease the financial crisis plaguing the country due to the fall in world oil prices. He said, "The Prime Minister promised under reforms announced on their implementation within a period not exceeding one month the completion of oil and gas law within actually deteriorating reform in all fields and stressed measures that the adoption of this law package will have a significant positive results for the country economically, politically and investment, people, and will contribute to providing opportunities work for hundreds of thousands of unemployed graduates and achieve economic growth and reduce the rate of serious poverty-ridden segments of Iraqi society. " Mezni pointed out that "in the absence of the government's response to this demand, the Commission on oil and energy parliamentary will prepare a new draft of the bill to legislation in accordance with the right granted by the Federal Court for the House of Representatives recently". The sa http://aletejahtv.org/index.php/permalink/73590.html
    0 replies | 50 view(s)
  • harry's Avatar
    Yesterday, 07:41 AM
    Parliamentary Finance is preparing to launch a package of laws that support the monetary policy August 28, 2015Baghdad / Center Brief for the Iraqi Media Network (IMN) - Finance Committee Alnielyh confirmed, it has a package of laws exceeded ten to support monetary policy, is preparing to be passed soon to parliament. He warned the parliamentary finance committee member Abdul Qader Mohammed earlier, of "economic difficulties" the government may face in the event of continued decline in global oil prices, noting that the Commission is working in coordination with the government to find solutions to the provision of staff salaries solutions during 2016. The committee member said Massoud Rostam's (IMN) that "the committee more than a dozen laws are being discussed for the legislation in the coming sessions of the House of Representatives to support the monetary policy process in the country". Rustam said that "the most prominent of those laws is the money laundering law, which will pass close to the parliament and be included on the agenda to read it a second reading". He said, "Among those laws is the Federal service, which completed the discussion and enacted the law, and the government needs to send him his salary for inclusion as a supplement to the law and then vote on it". Iraq has suffered from the financial crisis and the weakness in monetary policy that caused squandering of public money, and therefore, the government and parliament serious attempts to reform and promoting a framework law the work of the country's economy. http://center-imn.net/1/?p=29196
    1 replies | 83 view(s)
  • harry's Avatar
    Yesterday, 07:33 AM
    A parliamentary source: House of Representatives postponed a vote on the National Guard Law 29-08-2015 02:40 PM Said a parliamentary source, Saturday, that the Presidency of the Council of Representatives decided to postpone the vote on the National Guard Law to the hearing on Monday. The source said in a press statement, that the reason for the postponement is due to the continuing differences on a number of provisions of the bill between the parliamentary blocs. The parliament decided today paragraph vote on the National Guard Law inclusion on the agenda of its meeting held under the chairmanship of al-Jubouri, and the presence of 260 deputies Table. http://www.ikhnews.com/index.php?page=article&id=141088
    0 replies | 39 view(s)
  • harry's Avatar
    Yesterday, 07:23 AM
    SMEs .. shy allocations 8/29/2015 0:00 Amman conference recommends raising the volume of lending BAGHDAD Hussein Tgb considered Iraqi banks ways of cooperation with Arab and international banks and employ their expertise in the Iraqi economy service, also organized Mzkrt understanding between the Iraqi private banks association and the Association of Jordanian banks to strengthen banking relations between the two countries that came through the banking conference recently in the Kingdom of Jordan and carry the slogan (small and medium enterprises road Nhawwalnmo economic) Participants discussed the importance of heading the Arab world towards supporting small and medium enterprises, for its role in achieving economic air and develop all production and service joints, and some projects are chock industries important strategy in most countries and address the many economic problems in the forefront of unemployment, as well as maintaining a turnover within the same country. Conference held by the Union of Arab Banks in cooperation with the Central Bank of Jordan and the Association of banks of Jordan participated Bfalyate the Iraqi Central Bank and the Association of Iraqi private banks as well as the Iraqi Company for Bank Guarantees. Showing experiences CBI accept it across Actress d. Majid picture of Iraqi experiences in this aspect and check them and the role of the Iraqi Company for Financing SMEs Iraqi Company for Bank Guarantees and also to explain the mechanism of the trillion Dnyar and why it came to this stage where the Iraqi economy suffers recession affect on most of the joints. Pointing out that the loans to be allocated to this type of project will work to expand domestic production and revive the national economy in all his joints. The head of the Iraqi private banks association and the depositary has indicated that the forum is important at this stage and can Iraq to see the Arab and international experiences and comes to coincide with the release of the central bank trillion Dnyar small and medium-sized enterprises and through private banks. He said Iraq is suffering significant unemployment rates and this project (trillion dinars) is important in providing opportunities and stir wheel production in many development projects sought by Iraq during the coming period, pointing out that private banks will have the desired role in lending to real projects and exercise its role in a calendar control over the performance .lmokhtlv projects that will lend the aim of achieving economic viability. wallet lending participants point that the rate of 8 percent of the portfolio lending valuable Arab world addressed to Alsgbrh and medium enterprises and the rest goes to large enterprises, where attendees stressed the importance of raising these ratio timid due to their importance, also called for the allocation of loans to small Mntaheh projects which serve a wide segment of the community. stressing the importance of financial inclusion and reach all segments of society and aims to stimulate the banking awareness among all members of the community. Executive Director of the Association of Iraqi private banks Ali Tariq said Viewing vernacular experiences necessity in light of the transition taking place in the Iraqi economy to an open market economy in which the private sector is the wave of the joints to work in all sectors and located attic economic development mission. He noted that the Iraqi delegation studied with a number of participating delegations ways of enhancing the sector of the Iraqi banking and better mechanisms employment allocations trillion direction that achieves the highest degree of economic viability of the country. increase expertise Tariq said that the association is working to support the trillion Dnyar program that develops small and medium-sized enterprises to be applied as Asahaj that serves the national economy and in the instructions and controls and between the presence as well as Arab and international banks Post adds something new to the national experts through access to testing States in this field is important, where countries have made ​​small and medium-sized projects great success and was able to support their economies a lot of products that they strain public budgets because of the import of markets countries of the world different. He pointed out that build bridges of cooperation with banks of countries in the region through a network of relations with them will lead to the development of banking products offered by the Iraqi our banks to customers, especially as the Iraqi economy needs a well-developed banking services and advanced capabilities to deal with the huge sums represent capital investments waits Iraq during the next human efficiencies It focused on the need to work towards human resources to operate in Iraqi banks development and empowerment of advanced technology that rely on international banks, pointing out that the specialized international companies considering the work environment before traveling to any country in the introduction to what you are looking for advanced banking services and offers of products, stating need to walk towards the advancement of Baktaana banking and bringing it to the advanced stages meet the ambitious beneficiary. and the importance to start from where the developed world ended up in the field of adoption of advanced banking technology. He pointed out that the Iraqi experience is able to acquire information and employment in the field of employment quickly. This is calculated for the sector the banker, who has such experiences that must be taken care of and using them to serve the economy national. stressing that the Association is aware of the importance of communication with the advanced banking effort and its role in building a banking sector that is capable of dealing with large financial figures intending to enter Iraq during the coming period. http://alsabaah.iq/ArticleShow.aspx?ID=98861
    0 replies | 57 view(s)
  • harry's Avatar
    Yesterday, 07:14 AM
    Iraq lacks a strategy to absorb the financial Galore 8/29/2015 0:00 Baghdad -imad emirate varied visions about the new policy adopted by the Ministry of Oil in the investment of oil fields that, and missed out on these visions based on an assessment of the benefits, financial and economic costs as they were focused on the political aspects of social, culture and all the debate is about the conviction to accept contracts for foreign companies to invest in Iraqi oil or not. In this regard, the academic said economist and expert d. Ahmed Narrator: that the new policy represented by the Oil Ministry to prepare rounds of competition to accept contracts organized by the ministry announced in terms of winning these contracts to invest in oil fields. One of the main items of these contracts is the time limit required to increase production capacity for each field to determine the wages of service each produced barrel of oil. He narrator that the new oil policy, raised a lot of questions by many interested observers about the nature of these contracts. Is it intended to increase production or are there other targets and whether there is an urgent need to actually increase production to more than four times during the a decade. Is storage system and the National Export able to export those big of Iraqi oil that will be in 2016 about 38 percent of OPEC's exports quantities if the contracts were able to increase production to the ceiling? http://alsabaah.iq/ArticleShow.aspx?ID=98859
    0 replies | 42 view(s)
  • harry's Avatar
    Yesterday, 07:11 AM
    good morning to all ds i pray that everyone will have a blessed weekend and enjoy your day today
    193 replies | 5103 view(s)
  • ksdunlap's Avatar
    Yesterday, 06:58 AM
    Good morning tudor, cleopatra, Bondlady2, harry, guardian, gigi3, Dinar Investor, b1955, Roadrunner, Jade & all of DS. I hope everyone has an awesome Saturday. Enjoy your day. I'm on my way cleo & bringing some cinnamon rolls with me :).
    193 replies | 5103 view(s)
  • cleopatra's Avatar
    Yesterday, 06:03 AM
    Good Saturday morning dinar investor, ksdunlap, gigi3, tudor, rr, guardian, power, harry, fitter1, bondlady2, Charlie, b1955 and all ds'ers. It was great having ksdunlap and gigi3 over for coffee and donuts....getting ready to have some morning joe...come one over everyone. I will go get some more donuts (even jelly ones dinar investor lol) have a great day everyone.:)
    193 replies | 5103 view(s)
  • guardian's Avatar
    08-28-2015, 10:57 PM
    They're not doing good. :(
    1 replies | 81 view(s)
  • guardian's Avatar
    08-28-2015, 10:56 PM
    How a Currency Crisis in Iraq Risks Fight Against Islamic State Jack Fairweather Rinat Gaynullin August 25, 2015 — 4:01 PM MST Any currency crisis usually comes with dire consequences for a country, and the threat of one in Iraq shows how the impact can go beyond the economy and markets. A foreign-exchange crunch because of a drop in oil prices could force a devaluation of the dinar and risk making the fight against Islamic State militants even tougher. The nation, currently OPEC’s biggest producer after Saudi Arabia, is dependent on oil revenue to fund its operations on the battlefield and quell growing unrest over the economy. Iraq's Looming Dollar Shortage Dollar reserves tumbled about 20 percent to $59 billion as of July 23 since the fighting escalated a year before, and the losses are accelerating. In the first 25 days of August, the central bank sold $4.6 billion of currency to keep the dinar at a pegged rate, a daily outflow of about $184 million, data compiled by Bloomberg show. “Iraq’s perfect storm means the country will continue to lose reserves until the government of Iraq decides to devalue the dinar,” said Frank Gunter, author of “The Political Economy of Iraq.” The currency could weaken as much as 20 percent over the next year, he said. Global Wave It raises the prospect of Iraq joining other developing nations in a new wave of devaluations as emerging markets take a hammering this month, led by China. The Iraqi dinar is one of those most at risk in the Middle East from that happening, though the current exchange-rate regime is likely to remain, according to research published on Tuesday by Emirates NBD, the biggest bank in Dubai. Saudi Arabia’s central bank this week said it’s committed to the riyal’s dollar peg, the Saudi-owned Al Arabiya television reported, amid speculation the country would devalue its currency after the plunge in oil prices. In Iraq, market forces are complicating Prime Minister Haidar al-Abadi’s efforts to win back territory from Islamic State. Military success has been piecemeal as the government has struggled to enlist support from mainly Sunni communities in parts of the country ravaged by attacks. The U.S. and its allies have sent arms to the Kurds in northern Iraq and President Barack Obama’s administration plans to spend another $700 million in 2016 on support for the military. The government in Baghdad, though, pays for the bulk of the operations from its budget since the Americans pulled out their troops in 2011. Selling Dollars A collapse in the value of the dinar would raise the cost of living for Iraqis already protesting against government corruption, power cuts and water shortages. “The policy now is to meet the demand for dollars,” Waleed Eedi, a director general at the Central Bank of Iraq, said by telephone on Monday. The reserves won’t be depleted because of oil sales and the dinar won’t devalue, he said. The Iraqi central bank’s fixes the dinar’s exchange rate at 1,166 per dollar and there’s pressure on the peg. As a result, Iraq’s foreign-currency reserves may drop to about $45 billion by the end of 2016, according to Exotix Partners LLP, a London-based investment firm specializing in frontier markets. “The authorities will try to hold on to the peg as long as possible, but may be forced to devalue if pressures continue,” said Jakob Christensen, a director at Exotix. Few Choices The central bank has so far resisted government pressure to print money to meet an estimated $30 billion budget deficit. It announced plans for a $6 billion bond program last week, which follows about $1.2 billion from the International Monetary Fund, though neither is big enough to plug the shortfall. Iraq's Oil Economy That leaves the Finance Ministry with few easy choices. The government is seeking to cut spending and tackle corruption. Other options include borrowing domestically from public banks or even forcing the central bank to buy dollar-denominated bonds from the Finance Ministry, said Gunter. “Iraq will be able to finance its 2015 deficit, but if the battle against Islamic State and low oil prices continues, Iraq will then hit a wall,” he said http://www.bloomberg.com/news/articles/2015-08-25/how-a-currency-crisis-in-iraq-risks-fight-against-islamic-state
    1 replies | 81 view(s)
  • Dinar Investor's Avatar
    08-28-2015, 08:32 PM
    I want jelly donuts! Lol happy Friday night tudor,ksd, harry,guardian, Roadrunner, cleopatra, Bondlady2, b1955, Jade, gigi3 and everyone on ds. I agree I hope Maliki gets his karma quickly. I dont say "soon" because we all know that means indefinitely lol
    193 replies | 5103 view(s)
  • gigi3's Avatar
    08-28-2015, 05:08 PM
    It's Friday, and we are swiftly coming up on the weekend. Hi, tudor,ksd, harry,guardian, Roadrunner, cleopatra, Dinar Investor, Bondlady2, b1955, Jade and all of DS! Uh, cleo, ...donuts? I'm on my way, girL! Everyone, enjoy your weekend, and keep the faith that we will see payoff!
    193 replies | 5103 view(s)
  • tudor's Avatar
    08-28-2015, 03:29 PM
    Good Friday ksd, guardian, Roadrunner, gigi3, harry, cleopatra, Dinar Investor, Bondlady2, b1955, Jade and all of DS! My gosh Dinar Investor, take care of that knee! Hope you heal up fast. gigi3, girl, you need to take care of yourself and get fixed up. Seems like we are a bunch of broken down dinarians lol. Sure hope they string up Maliki before long. He sure like to stir things up to suit himself. Abadi seems to have his heart and mind going in the right direction for the good of Iraq and us too I hope. Anyway, you all have a great weekend and a great Friday!
    193 replies | 5103 view(s)
  • guardian's Avatar
    08-28-2015, 12:14 PM
    Good Morning! It's RV Friday (just kidding) lol. I remember those days lol. Have a great Friday and a great weekend!
    193 replies | 5103 view(s)
  • guardian's Avatar
    08-28-2015, 12:11 PM
    Well, we will see as time goes on. He may have no choice. As they said no one is above the law.
    1 replies | 99 view(s)
More Activity