The IQD Team: CC 9-13 Transcript/Articles
(Post by Debbie (The IQD Team))
Thanks to Brenda for compiling this information:
The IQD Team Conference Call Sept. 13, 2011
"Joey, Vic, Diana, Tim, Debbie & Yukon"
As Always.... The Latest Iraq/Dinar Discussion and Analysis
CC Replay Sept. 13, 2011
PLAYBACK LINK
Replay # 760-569-7699 Pin 219055#
This is abbreviated information and the articles from the Call Last Night...Listen to the entire call above to hear
all the News shared last night.
DEB: Reads an article she received alot of calls on today:
Central Bank of Iraq to retract from the process of deletion of zeros
The Central Bank of Iraq was to retract the deletion of zeros from the draft confirming the presence of political forces to disrupt the project to delete the zeros.
The deputy governor of the Central Bank of the appearance of Mohammed's "Baghdad Post" that "the central bank is determined to restructure the currency through the deletion of zeros after the Iraqi parliament is prescribed legally appropriate and disable the draft political forces trying to sabotage the Iraqi economy."
He added that the "delay the project to delete the three zeroes from the Iraqi currency is very wrong and should speed up the process of deletion of zeros to the advancement of the economic reality of Iraq."
He continued that "If the Iraqi economy adjusted after 10 years, it does not come to the welfare of the people and send a picture of despair all the same to the Iraqis." .
He was economic adviser to the Iraqi government Abdul Hussein Al-Anbuge has revealed to the media, local, on Friday the existence of mafias are trying to breach the local currency During the project restructuring carried out by the Central Bank of Iraq
http://www.baghdadpost.net/view.11184/
Read More button on right
JOEY: Its kinda interesting... Mr. Anbuge and Maliki must have something going on...Hes the one that keeps say we are going to have all of these problems...corruption..counterfeiting.....kinda of interesting..he even used the word holocost in the exchange for the currency...what I thought was really strange ..would exploit weak soles and corrupt everyuthing...they would have to do a long term study on this...basically saying the exact opposite of what Shabibi said
Article I read somewhat like yours Deb....
JOEY: Anbuge: Replace the currency will lead to the biggest corruption in Iraq's history
He said that the Mafia is preparing to seize the opportunity BAGHDAD - Haider al-Rubaie Flaih Warned Adviser to the Prime Minister for Economic Affairs of the risks that may accompany the process of replacing the currency and deleting three zeros of them, stressing that it will return the largest of corruption in Iraq's history and will add trillions of counterfeit currency that will go to the Holocaust in exchange for currency, useful incoming information said it was almost certain about the existence of cartels has been working now for counterfeiting in order to exploit some weak souls and corrupt during times of replacement with new ones, indicating that this procedure will not return any benefit of the Iraqi economy at the moment. Dr. Abdul Hussein Al-Anbuge Speaking (l morning): The process of replacing the currency or delete the zeros of which are usually in stable countries economically and that are stable institutional, service and security and have a reasonable level of gross domestic product, so it is normal and has been practiced in many countries of the world Kromanaa, Turkey and Brazil. Indicating that the current circumstances through which Iraq will not leave any positive impact on the local real economy after deleting three zeros from the currency, not far nor near, noting that it is better for economic policy-makers before proceeding with this action, which does not carry the right time to pay attention to the development or administrative reforms, USA tax or banking experiencing serious declines of the whole he said could lead to block many of the goals of economic vitality that Iraq is seeking to achieve. And the expected gains by the process of deletion of zeros, or can be reflected by the negative aspects of said Anbuge "if the subject of improving the Iraqi economy relates to the process of deletion of zeros to the (Somalia), for example, and one of the best countries Aqsadia in the world," he said, adding that the possibility of deletion of zeros is available to all global economies, but it may produce a large negative after application, called the governments of those countries to dismiss this and think decisively decisions said it may work to revive all aspects of industrial development and where. The Anbuge that during the past few weeks put this directly on the charge of the Central Bank of Romania, who had Iraq in that process where the presence accompanied by a number of officials for the conduct and growth of the economy of that country, noting that officials of the Central Bank of the Roman assured him and the rest of the delegation that the experiment did not reflect any positive effects on the economic realities of the Roman. And the Chancellor that the process does not carry any economic value in situations such as those experienced by Iraq, as the corruption will create a disruption big that could undermine the benefits of this transformation, noting that the transformation of some countries did not shift entirely but was gradually extended for many years in order not to cause a clear financial collapses in currency markets to those countries or to create disruption in the markets, government departments and service institutions. Revealed Anbuge for receiving information, said it almost certainly indicating the existence of mafias took preparing from now for forging coins Iraq from being circulated at the present time so they can be replaced if you change the currency and the deletion of zeros taking advantage of some weak souls and some cases of corruption, saying he was at the currency exchange, the opportunity will be favorable because the trillions come from the current counterfeit currency and go to the Holocaust out of its place new currencies instead. Anki also said, "I healed myself as a consultant for government decision, which he considered wrong." The central bank has noted (morning) during the interview by his deputy, the appearance of Dr. Mohammed Saleh to the determination of the Bank to proceed with the project to delete the zeros of the Iraqi dinar to convert thousand dinars to one dinar, referring to the adoption of long-term plan for this project that would reluctant to enormous mass of cash in Iraq, according to Saleh, who between as well as the factors of this procedure, which he described as very important by saying that "Iraq is one of the countries hit by inflation rampant in more than two decades ago, was reflected in hyperinflation, for example, up version of cash of about 25 billion dinars in the early nineties, becoming in 2003 six thousand billion. " LINK
JOEY: Shabs came out swinging today....Go Shabs....the last time they tried to do something to Shabs...not someone you want to push around...he knows what he is talking about...not someone you want to get into a mental war with....
Central Bank to raise his voice against efforts to dominate Baghdad / term
Reveal, in a move for fear of subjecting the central bank to the government, accused the bank, on Monday, the window views in the executive branch to block the idea of ​​monetary reform in Iraq, while confirming the Finance Committee in the House of Representatives that the government is working hard to subdue the bodies and independent institutions of all control. The central bank said in a statement yesterday and received a "long" version of it, that "some government officials are waging an unprecedented media attack on the bank, considering that there is work outside the law mar the idea of ​​monetary reform carried out by the Central Bank".
The statement added that "the Bank has already received an official letter from the Committee on Economic Affairs in the cabinet in 2007 when the bank is appealing to study the draft of the Iraqi currency reform by restructuring and deleting three zeros from them."
The statement noted that this speech was designed to "facilitate the cash trading and reduce the cost of cash transactions in the context of a reform strategy for the system of monetary management in the country, like what was done by the majority of the countries of the world, particularly those that left the turmoil and economic decline, which seeks to rebuild the cash."
He was Adviser to the Prime Minister for Economic Affairs said in a twenty-fifth of August, that lifting the zeros from the currency is the biggest corruption in Iraq if it was during this period, and fall under the name of tampering with the economic, warning of "mafias currency" is preparing to rig the trillion Iraqi dinars to replace in the light of the planned changes.
The statement noted that "the Bank finds that such irresponsible acts in the launch of the charges baseless and motivated by an unknown direction contrary to the rules of behavior that should be adhered to by state officials in tackling the issues of different countries, especially sensitive of them."
He stressed the bank that "will retain the right to legal defense of his being, and download those authorities responsible for endangering the interests of the country's financial risk of prejudice to the irresponsible," noting that "these actions are meant to expose the centers of legal and international central bank to the risk of moral hazard to the public in various forms."
For his part, warned against a member of the Finance Committee in the House of Representatives, Ibrahim al-Mutlaq, of the policy pursued by the Government for the development of independent bodies all under their control and hegemony over its decision, and said, "This is inconsistent with the Constitution and therefore, the Finance Committee and the Parliament will work Jhadan the lack of access to the Red Line, any bank subject to the executive branch. "
He praised al-Mutlaq in a telephone conversation with the "long" Yesterday, the policy of the Central Bank because it works with the government along the lines of one for the monetary reform in Iraq, he said, "Through our meetings repeated with experts in the bank did not complain about the intervention of government parties in the work I do not know the secret this statement. "
However, the MP for the rule of law Abdul Salam al-Maliki, asked about the reason behind the timing of the statement and said, "Why did not ask for government intervention in the earlier time was called the Governor of the Central Bank to Parliament," saying in a statement the "long" yesterday that there are points in Some agencies have an agenda trying from time to time to stir up trouble against the government and Parliament to read a good bank statement and then call for an urgent meeting between the Finance Committee and the Bank, called on the government to intervene to protect the central bank. "
As for the lifting of the zeroes Maliki said, "We need to study the strategy and plans for the implementation of this project and is not true that is applied in a short period so as not to laundering of funds from some of the corrupt."
JOEY: So they have a Long Term Strategic Plan .........they will not be deterred from it....kinda wonder when you read these articles is it smoke and mirrors or is something really going on.....we all know loved lost between Maliki and Shabibi If you remember right before Kuwait was ready to RV their currency, they had many smoke and mirror articles that said they wil never do this - news said it will not happen...and the very next day they RV's their currency
JOEY: Her WOW ARTICLE from the last several days....
FINANCIAL EXPERT: There will be no contention on the banks in case of replacement BAGHDAD - Alaa Fadel likely an economist and financial success of the process of replacing the currency, as what has been the beginning of the year 2012 is certain he will not get any contention in the bank on that. The expert said the financial and economic Hilal Taan: »The decision to switch the currency and to delete the zeros of which was the right one, especially at the present time». He's (Citizen): »The decision to switch the currency came after in-depth study by experts, specialists in this regard». He pointed out »that in the case of currency exchange there will be no contention on the banks, as happened during the replacement of the currency during the former regime». He Taan »that the replacement will be smooth and without any problems because the process is in accordance with the well-studied plan». Stressing »that the new currency and financial cover quantity is limited and well-known and will facilitate all measures in this side». The head of the Finance Committee, the parliamentary Haider al-Abadi, had confirmed that the deletion of zeros from the currency Iraq is an important and necessary condition that the actions to be associated with a sound and correct.
JOEY: "IMPORTANT AND NECESSARY CONDITION" - Sound and correct judgment....Anbuge you are being voted out......
Several articles came out very similar thru many news sources...different wording in 7 articles - must have been alot of press over there...all about Maliki and Shabibi and this little war going in between the two
JOEY READS:
Central: we are attacked by the media an unprecedented idea of ​​deletion of zeros from the currency
Baghdad, "Iraqi gate," Mohammad Sharif Iraqi Central Bank said on Sunday, said some government employees who hold jobs in the positions of the state media are waging an unprecedented attack on the bank, accusing him of acts that are beyond the law mar the idea of ​​monetary reform. He said in a statement received "the gate of Iraq," a copy of it, he had already received an official letter from the Committee on Economic Affairs in the Cabinet in 2007 appealing to the bank to consider a draft reform of the system working in Iraq expressed by restructuring and deleting three zeros, and on some easy cash trading and reduces cost of cash transactions as part of a reform strategy for the cash management system in the country. And had the idea of ​​deleting zeros from the currency strong views both for and against, and some economists need this measure to reduce the money supply and thus facilitate the trades towards creating a climate suitable money for investment and reconstruction, but others did not see in this project, but a cosmetic rather than more, and some go to further argue that this project would harm the national economy at this particular time on the grounds that the security situation confused and widespread phenomena of corruption and a weak regulatory authorities will encourage the creation of a climate of speculation and fraud, and that this measure does not need to be in a stable economic environment, and the target moral stated years ago, has no relationship to inflation, and this goal in light of global economic conditions in the confused and continued dependence on oil, Iraq, without diversity in revenue would be difficult to achieve. The statement, that the bank was surprised by an unprecedented media attack, accusing him of acts that are beyond the law mar the idea of ​​monetary reform at the same time ignoring the long history of national monetary institution entrusted with the public money and protection for the stability and economic development in the country. The sharp tone in his statement that he "finds that these actions is responsible for firing the charges baseless and motivated by an unknown direction contrary to the rules of behavior that should be adhered to by state officials in tackling the issues of different countries, especially sensitive of them." The Advisor to the Prime Minister for Economic Affairs Abdullah Hussein Al-Anbuge, said in a press statement on the fourth of September, the current "The removal of zeros from the currency will cause the events of major problems and would disrupt the national economy" was the Sumerian News quoted Anbuge in the twenty-fifth of last August that "the lifting of zeros is the biggest corruption in Iraq, if made during this period and fall under the rubric of economic absurdity " For his part, MP for the coalition of state law Mohammed Chihod Monday to "postpone the deletion of zeros from the currency to miss an opportunity to corrupt and counterfeiters, as they are conducted peacefully in the case at the present time of great harm on the Iraqi economy." The Chihod in a press release "in light of the current situation where there are financial and administrative corruption is controlled and Matuverh sectarian and partisan of the cover for the corrupt and under the survival of Iraq under Chapter VII becomes a subject of the deletion of zeros from the currency of the errors very serious right of the Iraqi economy as a result of the deletion process will happen significant inflation. " "The process of removing the zeros will be an opportunity for forgers in the introduction of large quantities of counterfeit currency to the banks and the new currency that replaced the corrupt exploitation of this process they will use the ugliest." The central bank in its statement that "these actions represent a clear violation of the rules of conduct and acting career that are meant to expose the centers of legal and international central bank to the risk of moral hazard to the public in various forms, the central bank will retain the right to legal defense of his being loaded with the bodies responsible for exposing financial interests of the country to the danger of prejudice to the irresponsible "
JOEY: Reads from one of her favorites this week... CHRISTINE LAGARDE: IMF "The Challenges for the Global Economy": Opening Remarks at the Royal Institute for International Affairs - Chatham House
By Christine Lagarde
Managing Director, International Monetary Fund
London, September 9, 2011 (full article by clicking on link below)
Good morning. It's a pleasure to be here with you today, at this beautiful and historic venue. About six weeks ago, I spoke at a similar early morning event in New York, at the Council on Foreign Relations. These two sister organizations—founded in the wake of the Great War—have a common goal of fostering the ideas and dialogue needed to build a prosperous and secure world for all. Given the precarious state of the global economy, such dialogue is clearly essential. I wish to thank Chatham House for organizing this event, and thank my friend, Chancellor Osborne, for inviting me to speak. I look forward to hearing his views, as well as those of the eminent economists joining us at this roundtable.
The key message I wish to convey today is that countries must act now—and act boldly—to steer their economies through this dangerous new phase of the recovery. The world is collectively suffering from a crisis of confidence, in the face of a deteriorating economic outlook and rising concerns about the health of sovereigns and banks. All this is happening at a time when the scope for policy action is considerably narrower than when the crisis first erupted. But while the policy options may be fewer, there is a path to recovery.
Challenges for the global economy
Let me set out the principal economic challenges. The bottom line is that global activity has slowed, and downside risks have increased. At the same time, the global rebalancing of demand needed for sustainable global growth has stalled.
In key advanced economies, the necessary hand-off from public to private demand is not taking place. The fundamental problem is that weak growth and weak balance sheets—of governments, financial institutions, and households—are feeding negatively on each other. If growth continues to lose momentum, balance sheet problems will worsen, fiscal sustainability will be threatened, and the scope for policies to salvage the recovery will disappear.
In the emerging economies, performance has been considerably better. But in some countries, growth may be too fast, and policies are needed to contain overheating risks. Another issue is that in many of the key surplus economies, there has been little progress in shifting from external to domestic demand. In these economies, significant currency appreciation and structural reforms can help bring about the rebalancing needed to support strong, stable and sustainable global growth.
In just a few hours, I will be traveling to Marseille, to join the meeting of G-7 central bank governors and ministers of finance. I look forward to a discussion of the outlook and the balance of risks at this pivotal time for the global economy, and what this means for their policies.
We will also be focusing on the challenges facing the Middle East and North Africa. The region is experiencing a historic transformation, which also has significant economic and financial consequences. Clearly, the countries themselves must take the lead in charting their forward course, to building stronger and more open economies. But they will have a strong partner in the international community—including the IMF. More broadly, the IMF will continue to support its members as they seek the best policies to deal with the challenges they face today—be they advanced, emerging, or developing economies.
In two weeks, our members will come to Washington for the IMF Annual Meetings. Together, we will discuss the critical challenges facing the global economy. The road ahead may be rocky, but a way forward exists—if we act now. With each country playing their part, we can identify the actions needed to achieve strong, sustainable and balanced growth.
http://www.imf.org/external/np/speeches/2011/090911.htm
JOEY: Loves this article....This article is beyond WOW....I do not know how plainer it gets than this....Discusses how she is discussing the global growth and the backing of the IMF...... In these economies, significant currency appreciation and structural reforms can help bring about the rebalancing needed to support strong, stable and sustainable global growth. But they will have a strong partner in the international community—including the IMF. In the nest couple of weeks there is another meeting IMF meeting to talk about the Global economy and you better believe that Iraq is right at the head of this list... VIC: Can we go down memory lane a little.....Vic speaks about his childhood and where he was born
and remembers "Beware of the sleeping bear"
Speaks about Russia...Nate Rothchild...oil.....etc
Everyone has forgotten about the sleeping bear.
VIC READS:
Iraq: import vehicles raises the level of inflation at 3.9%
12/09/2011 18:45 Baghdad, 12 September / Spettmar (Rn) - The number of experts and all stakeholders economic affairs of Iraq on Monday that the continued importation of vehicles without the specific mechanisms that contribute to raising the level of inflation in the country. The Executive Director of the local trade support Baha Shakurji of Kurdistan News Agency (Rn) that "the continuation of the government not to develop mechanisms to regulate the import of cars into the country contribute to raising the level of inflation at 3.9% of the value of annual inflation." He added that "the Ministry of Commerce are importing vehicles with origins are in the world of the third degree at exorbitant prices paid by Iraq in dollars." He pointed out that "Iraq should develop a mechanism for the manufacture of vehicles through the use of companies are training Iraqi cadres in order to reduce the high level of inflation on the economic system in the country." In turn, said Younis al-Baghdadi, teaching at the University of Mustansiriya College of Management and Economics (Rn) that "do some business to sell cars in installments affect the value of the Iraqi dinar and increase the problems of market stability and the exchange rates of the dinar." He explained that "the Iraqi dinar must be taking into account the value of the trade exchanges, and not through the purchase of hard currency more than required as it is supposed to be a balance between Matoffer of the local currency and hard currency existing in the Iraqi market." "By the traffic circle to the entry of more than 6 million car since 2003 and so far, and this causes confusion in the management of the Iraqi market." For his part, adviser in the Iraqi government peace Quraishi (Rn) that "the Iraqi government is considering a number of proposals on Maitalq in the import of new cars to the country and focused on addressing Mazbbh from high inflation because it is consumer goods to Atsem in raising the level of economic development." He pointed out that "the Ministry of Commerce will take important decisions in coordination with the Traffic Department and the Central Bank to control the import projects Mazbbh modern cars to raise the level of inflation in the country." He added that "among the proposals to determine mechanisms and controls for the entry of firms that focus on the need to deal with companies producing cars and consumer non-durable with large, non-harmful to the environment." And spread in the provinces shows a sale of modern cars is remarkable. Iraq has seen a rise in inflation for the month of July in 2011 compared to the same month of 2010 by 7.1% after it was last year's 2.4% due to higher prices, housing rent allowances. From: Jafar Wanan. Manufacturing of: Walid al-Zaidi. Open: Murtaza Yousuf LINK
VIC & JOEY: Discuss the sentence "the Iraqi dinar must be taking into account the value of the trade exchanges, and not through the purchase of hard currency more than required as it is supposed to be a balance between Matoffer of the local currency and hard currency existing in the Iraqi market."
Joey: I am looking at it from the standpoint they are trying to sell cars and buy cars but there is a difference in the value of the currency being presented rather than the value of the currency that is actaully needed to be able to facilitate the purchase of the vehicle
VIC: Looking at the pics of the cars Lexus's...SUV's etc cost being 68 -74,000.00 - sees alot of them availabLe for sale in Iraq.... Lots of articles Deb read in the last weeks about all of the car mfrs. in Iraq news
$70,000 car - 3.9% inflation - talks about import a car 300% tariff in Iran and they purchase cars all the time like that ......discusses Iran and the costs.....compares it to Iraq...when they have money....they love expensive things and will buy JOEY: How do you purchase cars like this with a wheelbarrow of cash? Or do they need to do something else?
JOEY: #1 Selling auto in Kuwait is Toyota Land Cruiser....$75,000...they sell alot of these in Kuwait
and Dubai
JOEY: Wants to share some articles about our investment Iraq is moving to cancel and simplify the laws that drive away investment (Read entire article at the bottom)
BAGHDAD - Yasser incumbent - Hussein Tgb
Iraq could move towards the implementation of the administrative reform the help of the international organization ((U.S. Agency for International Development Bernameh (thread) and at a cost of $ 150 million, implemented four years later in 2011 in 2015 designed to deal with government departments in the provinces five years)).
The Agency organized a seminar discussion to shed light on how to implement this project through legal amendments to make them compatible with the system works to create an attractive environment for global investment in Iraq.
controversy broad
raised this episode involving a group of representatives of business organizations of civil society with the economic subject of controversy wide about the possibility of transition from dictatorship to a market economy and the challenges of this transformation. Considering the controversy or conflict but rather a starting point to remove the main obstacle to the achievement of economic reform is required.
Highlights of this symposium imbalance, which hampers the transformation and Msrah the myriad of laws and legislation which countless saw the symposium need to cancel or facilitate or amend such laws as may be Iraq to achieve economic development desired (reform) and this is the goal of the project, prepared by the (correlation).
He noted that the approach to the guillotine was a pioneer in Sweden in the eighties of the last century, as was used in Hungary and South Korea and Mexico in the nineties has been evaluated those experiences by the OECD in its regulatory reform for the period 2001 2011 and the Scott refining those experiences and outcomes in developing countries is the strategy Jacobs has registered as a trademark which is ((guillotine regulatory).
He hinted that the last two years have witnessed the completion of many countries in transition, the process of the guillotine, and these have included Ukraine , Moldova, Kenya, Bosnia, Croatia, Egypt, Syria and Vietnam also started to Jordan using the guillotine mini.
, said Scott that the guillotine is the process of orderly and transparent to the public and private sectors and aims to showcase a number of regulations and legislation quickly to determine if it was legal and transparent and necessary and friendly business environment, a strategy of reform from top to bottom and must have strong leadership in the central government but are operated by a unit repair mini set up specifically for this process.
Nada Jubouri member of the House of Representatives confirmed that the issue of the guillotine is very important, many problems experienced by the country's legal system, including economic systems, and if we adopted the current mechanism followed by the competent departments in the process of reform, we need to decades of time to reach some positive results in this area, pointing out that the guillotine will provide an environment in which the modified set of laws and put them to the House of Representatives during a specific time period not exceeding 6 months, confirming that the House of Representatives its sessions the former was not able to amend laws that negatively affect the reality of the investment in work and improve work, we have to go to the economic reforms really work on the development of the reality of the local economy, and during this guillotine can create the investment environment of the country.
the president of the Industrialists Abdul Hassan Shammari and Vice President of the Union of businessmen Hassan Silawi stressed that providing one million jobs through this project is a quantum leap but the challenge lies in how to activate the industrial sector and production in the country to achieve this goal. http://www.alsabaah.com/ArticleShow.aspx?ID=13380
JOEY: Isnt that amazing ...Get rid of some really bad laws...work to actually change talked abuot this country like its an ancient society - lived in the dark ages. they are terrified of change ..everybody wants a better life so sooner or later you either get with the picture or you get run over........maybe that is what is going to finally happen here.
JOEY: Shares another article that one sentence ...she just froze...
Iraq was unable to attract foreign investment so far .. Experts: the development of political relations have a positive impact in the economy
The future of Iraq / Sudan minimum
Stressed by a number of economic experts on the application of good relations between Iraq and the rest of the countries at the international level, noting that he needs a set of requirements such as improving the internal situation and the expansion of political participation in the development of the Constitution and a political system is clear, ensuring economic stability, calling for the government adopted a program to develop plans strategy to curb the deterioration of economic conditions in the country.
Hussein Shibli, an economist said to (the future of Iraq) that the expansion of political participation and economic and trade contribute to the implementation of good relations with the international community, For the country to present itself as a magnet for foreign investment, noting that the economic situation and standard of living Bad also perceives the people, adding that the country of crisis to the extent that is difficult to imagine, while the government has a range of measures as measures to mitigate the negative impacts of macroeconomic and experts stressed that it measures inescapable but we question the credibility of the government in implementing these measures.
and on the ability of These measures and government actions to alleviate the negative effects of the economic situation deteriorating, as the measures have not been fast enough .. Adding "that the executive authorities resorted to laparoscopy are questioning the credibility of the measures are you talking about, and that the government launched by a lot of promises without to have positive results on the economic performance."
For his part, described the researcher leading the net economic situation as "tense" in the country to the extent that we can not imagine a worse situation than the corroborating that he said, the rise in materials and increase production costs and the weakness of the reserves of foreign exchange and the absence of a breakthrough in exports is affecting the economic stability, especially in the rates of growth and price stability and creating job opportunities and increased levels of income and gains increased unemployment. And a contraction of economic as the first scenario in the financial measures of the country in reducing allocations of Representatives and the reduction of the state structures, Safi said, "was supposed to have been downsizing restructuring the overall of the executive, legislative and administrative .. but this did not happen, and ascribed this to the fact that many of those window in the government is keen to privileges, but asked for some increase allocations and added that the contraction is also associated with reducing the number of ministries and control institutions and increase the efficiency side of control of the manifestations of corruption .. he said, must address all of that is institutional, but any talk of downsizing is this is not feasible.
indicating "The application of relations at the international level needs to be a set of requirements such as improving the internal situation and the expansion of political participation in the constitution and form of political system which ensures stability .. The government should adopt a program to develop strategic plans to expand the umbrella of the tax, which is one of the aspects of choice for the government to ease of access to, and describing such measures particularly serious in light of the increasing prices on a daily basis and the deterioration of living for the majority of citizens ..
As for the advancement of agriculture and industry as one of the pillars of the program said net "it lacks the infrastructure and funding necessary to add to their suffering from high production costs and this is not the problems of quality standards and specifications imposed globally.
According to expert financial Hana Musawi "The situation in the country requires action in the form of packages full political with respect to agricultural policy and industrial development in Iraq all aspects affecting them in the finance, infrastructure and production costs and foreign markets and attract foreign investment and the role of state support and reform in policy and public administration in Iraq and get rid of the manifestations of bias in funding or in preference, or aspects of the fight against corruption, in addition to that there is a need to follow a set of special procedures increase the competitiveness of the private sector, which suffers from significant problems, even contributing to the ongoing agricultural, industrial, and this needs political arrangements solve the outstanding problems in the country and non-completion of these arrangements will continue to be problems at a standstill.
She said Moussaoui "should improve the situation at home first, and the expansion of political participation in real decision-making, increasing popular support for economic policies and the application of relations with the international community and this is very important for the Iraqi economy.
and I thought Moussaoui "He could see the next phase of stability and cooperation in economic, trade and resolving outstanding issues and reach agreements on oil and currency of the new flow trade and joint investment opportunities and opening the door for investment by the private sector in the country to invest in the other country offers such great opportunities for Iraq to be the most closely of any other countries nearby.
http://www.almustakbalpaper.net/ArticleShow.aspx?ID=9160
Joey: Repeats the sentence "So the next phase of stability and cooperation in economic, trade and resolving outstanding issues and reach agreements on oil and currency of the new flow trade and joint investment opportunities and opening the door for investment by the private sector in the country to invest in the other country offers such great opportunities for Iraq to be the most closely of any other countries nearby. Loves that sentence.........
VIC: What you were saying about Iraq getting investors and getting investments in Iraq.....
Little History Lesson..greatest Allies in the ME is Jordan....discusses Jordan....and his son who has taken over
very interesting now all of a sudden....we now have a US allie very receptive of their brother next door..Iraq
Number of Jordanian companies in Kurdistan expected to double by end of year
http://aknews.com/en/aknews/2/261501/
VIC: Point is why all of a sudden by the end of the year will it double from 50 to 100 by the end of the year....hmmm
Discusses his thoughts on why
Iraq Targets 3m BPD Oil Production by December
Posted on 12 September 2011.
http://www.iraq-businessnews.com/2011/09/12/iraq-targets-3m-bpd-oil-production-by-december/
VIC: Discusses what happened on Sept 11 with Debbie - oil licenses 46 - "We are implementing a plan that is unprecedented in the history of Iraq's oil industry, multiplying oil and gas production to four times and building gigantic infrastructure and projects to turn Iraq into a key energy source in the world."
He has a problem with the author of this article...in 2017 if anybody doubts they will hit 12 million by 2017..
he explains why (listen to recording for all the explanation)
JOEY: Good articles about HCL and Sadr in the last few days
JOEY Reads: Iraqi deputy reveals unexpected alliances at a high level to pass some important laws in the House of Representatives Iraqi deputy reveals unexpected alliances at a high level to pass some important laws in the House of Representatives
Haider Ali Jawad - 12/09/2011 pm - 1:45 p.m. A Deputy from the list, close to the Iraqi alliances and unexpected among some of the political blocs to pass some bills in the House of Representatives. The MP said Mohammad Khaldi told all of Iraq [where] that "the next few days will see alliances and mergers of new and changing in some aspects in the Iraqi arena and high-level and unprecedented or unexpected among some of the political blocs in order to pass some laws and other important issues such as the draft law of oil and gas and others. " He added that "these alliances to Atriqy to the level of government or withdrawals from, and the like," noting that "the draft law of oil and gas has been reached where the agreement between the Commission on oil and energy parliamentary and government to reach a common formula that satisfies all parties and no unfairness or injustice of any party to them. " Saw the political arena in Iraq in the past rise significantly in the severity of the charges exchanged between the various political blocs, including the mutual accusations between the coalition of state law and the Kurdistan Alliance, following remarks from President of Kurdistan Region Masoud Barzani about the existence of uniqueness in power against the backdrop of the approval of the Council of Ministers on the draft law of oil and gas without reference to the rest of the political blocs, "accused by" the rule of law in what was considered those statements to export internal crises suffered by the Kurdistan region in the interior. Noted that the relationship between a coalition of state law and the Iraqi List is still tense despite the attempts by President Jalal Talabani and some of the political blocs to bridge the rift between the two blocs, as devout Talabani in the second of August last meeting, during which they agree on most points the difference between the two lists and it was agreed to submit the draft Law on the Council strategic policies of the House for a vote, as well as provide all of the Iraqi National Alliance candidates for the ministries of security during the period of two weeks of the date of the agreement, as well as the application of the principle of balance in government departments from the post of Director General and above http://www.burathanews.com/news_article_135882.html
JOEY:
Parliament seeks to pass an important law 50 Today .. Vote on the rules of procedure and legal Integrity Commission and the Office of Financial Supervision
Baghdad morning
Speaker announced Osama Najafi and there are 50 important law awaiting approval by the Council of Representatives.
and chaired Nujaifi yesterday a meeting of the heads of the blocs and parliamentary committees in the Council in the presence of his two deputies Qusay al-Suhail and Aref Tayfur.
During the meeting, agreement on the provision of the law of the Federal Court and the Supreme Judicial Council to vote in next week, and the law of the Integrity Commission on Monday. and on the law of oil and gas, said Najafi, "The law is very important for the future of Iraq must be received by the consensus of all the blocks," stressing that the law should be a factor to unite people and not to disperse, and called for mature law and development and given great care by the use of experts and holding hearings and panel discussions. and decided to form a committee comprising members of the parliamentary blocs to study and review of the nomination of names to fill the positions of agents and advisors of the Ministry and state institutions, in addition to the formation of another committee including members of the parliamentary blocs monitor and follow-up committee set up by the government to restore balance in the ministries and state institutions.
The meeting agreed to introduce legislation that provincial councils, districts and areas to the first reading next week.
In the meantime, confirmed the source of parliamentary early "morning" that the House of Representatives will vote at today's meeting on the health of organic beauty Shiban Hammadi al-Kilani, Ammar Hassan Abed Ali, in addition to the vote on the rules of procedure of the House of Representatives, and vote on the bill of Supreme Audit, as well as vote on the bill that the Integrity Commission.
The source added that the meeting will see the first reading of the draft Protection Act of doctors, and the first reading of bills again.
extensive details p. 2
http://www.alsabaah.com/ArticleShow.aspx?ID=13413
JOEY Reads: Fatima Zergawi: does not mean the federal takeover of oil-producing provinces, but is distributed to all provinces equally
Breaking news center - special - just Zaidi A member of the National Alliance on the mass of citizens Zergawi Fatima, said Monday that the application of the federal system and the regions, does not mean that account for oil-producing provinces, but is distributed to all provinces equally, each according to population density. She Alzerijaoa in a statement "of the center breaking news" (Supreme Council): "The Constitution clearly and explicitly confirmed that oil and natural resources are distributed equally to all the Iraqi people. Emphasized that this applies to Basra and the Kurdistan region of Iraq and to all the provinces. She Zergawi that the province will help the provinces that have more clout, especially in services undertakings and which break down frequently because of the lack of broad powers to the provinces and the red tape that Jager projects because of the delay in the approval of the Ministries of Finance and Altaktid and other such projects. http://www.burathanews.com/news_article_135905.html
JOEY: Sadr to thank the Government articles After the expiry of six months and the Government's implementation of its obligations to the people
of Baghdad morning
Mr. Muqtada al-Sadr, thanks to the Iraqi government to take them into account the three conditions set by the postponement of events while said Sheikh Salah al-Obeidi told a news conference in Baghdad with members of the Liberal bloc of parliamentary (the demonstration that called by Muqtada al-Sadr will be next Friday to thank the efforts of the government, which responded to the demands of the people remove the occupiers). A statement issued by the office of Mr. Sadr, "The Iraqi government has taken the demands and conditions the People into consideration and hoped to (apply at the earliest parliamentary session). The statement said that" the media adviser to the government stressed that all national forces within the parliament and outside it is ready to meet those demands in order to preserve all the prestige and independence, so will be the formation of parliamentary committees so as to vote on those demands, which should not be a class without the other but for the Iraqi people, all. Mr. Sadr has set on the fifth of September, three conditions to postpone the event, millions demand for better services, stressing that those conditions include give a share of Iraqi oil every citizen, and run no less than fifty thousand unemployed in all provinces and the distribution of fuel between the generators in all the provinces for free before they are improving the situation of electricity in those areas.
Council of the province of Dhi Qar, pointing unanimously in favor of the initiative of Mr. Sadr Dhi Qar _ Sharifi Persia presented the Liberal block in the province of Dhi Qar to read the recommendations of Mr. Muqtada al-Sadr, which serve the interests of the Iraqi people in all sectors. After reading voice of the province of Dhi Qar, in its regular (157), corresponding to 12/9/2011 unanimously to support the demands that by Mr. Muqtada al-Sadr, the central government and included the allocation of funds to support the generator capacity and the provision of fifty thousand jobs for the unemployed of the Iraqi people as well as giving every citizen a share of Iraqi oil. The Associate Administrator of the provincial council chairman and the head of the Liberals in the Council Hamid Naeem Gazan told (the citizen) "The Liberal bloc in the provincial council considered a proposal by Mr. Muqtada al-Sadr to the Council for a vote, thank God, was voted unanimously" noting that "the proposal will be submitted to the central government and the central government agreed to these requests and there are efforts made ​​to apply as soon as possible.
http://www.almowatennews.com/news_view_26396.html
JOEY: Gotta love those words..
VIC: Discusses Turkey and electricity and how this should make Sadr happy Turkish Businesses Invited to Tender for $7bn Power Deal
Posted on 13 September 2011. Tags: Electricity, Kurdistan, Turkey LINK
VIC: follows up with a second article that ties into the other one Electricity Ministry Studies Offers for 7 Power Grids
Posted on 13 September 2011. LINK
JOEY: Is going to name Vic "Mr Electricity" because he loves this subject
VIC: Discusses how Sadr and conversations he remembers Maliki and Sadr had and how he should be thankful...govt making leaps and bounds in getting the peoples their electricity needs..
JOEY: Discusses how lack of electricity affects Iraq people and us
JOEY: One more article about the government to share
Governor Zamili: rule out al-Maliki to risk a longer period to resolve the security ministries .. and next week will be decided
Rule out the leader of the Liberal block of the Sadrist movement and MP / National Alliance / Governor Zamili to risk of Prime Minister Nuri al-Maliki, a period longer to name the Minister security, expecting to see next week naming candidates for the Interior and Defense.
said Zamili in a press statement on Sunday: We entered in the ninth month without naming the ministers of interior and defense, which is a detriment to the security situation, and generates for our problems, adding that next week will be completed to nominate ministers.
He Zamili through Almhawat and meetings are a great desire of the blocks firmly file cabinet security next week for fear of worsening the security situation, He ruled out Zamili to risk of Prime Minister Nuri al-Maliki, a period longer than without the choice of ministers.
comes to speak on the nomination of candidates for security, after revealing that a member of the Commission on Security and Defence and MP / National Alliance / Qasim Araji, said the commander of the armed forces, Nouri al-Maliki, the re-structure of the Ministries of Defense and Interior, including the cancellation of (75) Directorate in the latter, declaring the existence of the Committee in Defense of the restructuring of the ministry.
They said in an earlier statement: when he received the Prime Minister Nuri al-Maliki's administration security ministries (Interior, Defence), acting in his capacity as Commander in Chief of the Armed Forces, he began re-structure of the two ministries, indicating that al-Maliki found in the internal directorates "excess and surplus" for the owners, and constitute a burden on the work of the ministry, which has served to cancel (75) Directorate of them.
He said a member of the Commission on Security and Defense: that Maliki believes that these measures are necessary to improve the work Interior, pointing to the existence of a committee in the Ministry of Defense by her acting Saadoun al-Dulaimi, and under the supervision of the Commander in Chief of the forces, to rearrange the Defense Ministry.
and increased Araji said, that many of the sites in the defense proved ineffective, and there are leaders and reached the stage of life to stop them to bid to fight terrorism and dealing with citizens, pointing out: that these changes began to receive al-Maliki security ministries proxy.
and between a member of the security and defense committee: that the commander of the armed forces meeting weekly with staff of ministries, as well as seeing the mail today for them, stressing the that these procedures were in accordance with professional standards, apart from a sectarian and nationalist.
http://www.burathanews.com/news_article_135862.html
JOEY: Two very interesting sentences in this article.....every time she reads articles like this as far back as April
she wonders are the Interior and Defense Minister the same........discusses this "the re-structure of the Ministries of Defense and Interior, including the cancellation of (75) Directorate in the latter, declaring the existence of the Committee in Defense of the restructuring of the ministry." (listen to recording for further discussion about this subject)
NATO to continue Iraq training mission to end: (Reuters) - NATO will continue a small training mission in Iraq until the end of 2013, an alliance official said on Monday, in what could signal flexibility from Baghdad over the presence of foreign troops months before a deadline for all U.S. forces to withdraw. Washington, which still has 43,000 troops in Iraq, is due to withdraw entirely by the end of this year. But it has been in sensitive discussions with Baghdad about whether some of its troops may still be needed in a training or advisory role. Colonel Michael Russell, chief of staff for NATO's Iraq training mission, said the alliance had agreed to keep its small team, now numbering 160 staff, in Iraq after Baghdad agreed not to extend the mission beyond 2013 and to pay part of the costs. Iraq had also offered the NATO trainers "protection privileges" such as the right to self defense, although the details were still being hammered out, Russell said. U.S. officials have said they would require similar safeguards if Washington is to keep any of its own troops in Iraq beyond this year. The United States ended combat operations a year ago and is required under a 2008 agreement to withdraw all its forces by December 31 unless Baghdad invites them to stay on. Any such decision would be politically fraught for Prime Minister Nuri al-Maliki. NATO's far smaller operation is largely under the radar. Unlike in Afghanistan, where NATO is in charge of the main U.S.-led international force waging war against the Taliban, the alliance has played only a non-combat role in Iraq since many European allies refused to join President George W. Bush's "coalition of the willing" that invaded in 2003. NATO has operated a training mission since 2004, providing expertise in areas such as logistics and policing for nascent Iraqi security forces. The team now includes about 12 Americans, Russell said. More than eight years since the U.S.-led invasion that toppled dictator Saddam Hussein, Iraqi security forces are still battling a stubborn Sunni insurgency and Shi'ite militia, both capable of carrying out lethal attacks. Iraqi security forces say they still need training for their air and naval defences. NATO has been working with U.S. forces to identify gaps in Iraq's security forces, Russell said. "Our teams have been working with the Iraqi training assistance missions and in anticipation of the American drawdown of forces, all this year, we've been working with the Americans to identify where these capability gaps will remain," he said.
http://www.reuters.com/article/2011/09/12/us-iraq-nato-idUSTRE78B5XU20110912
U.S.-Iraq compromise: Troops cut from 20,000
http://www.worldtribune.com/worldtribune/WTARC/2011/ss_military1142_09_12.asp
Mutlaq and Jeffrey discuss withdrawal of US forces
http://en.aswataliraq.info/Default1.aspx?page=article_page&id=144806&l=1
JOEY: Remember Mr Melkert and the Get out Jail Free card talked about on May 14th - he told Iraq these are the things you have to do and if you do them Chapter 7 will be lifted....Today this article came out..
Confirmation of what the future published by the Iraqi .. Parliamentary: Britain traded remove Iraq from Chapter VII Mubarak
Author: the future of Iraq
13/9/2011 0:00
Baghdad / Iraqi future:
described the leadership of the Virtue Party and MP / National Alliance / Kamilh Moussawi Port Project, "Mubarak Bagharba Arab tool Kuwait." revealed Moussaoui: the existence of claims of British and other countries to Iraq's agreement on the draft Port Mubarak in return for agreeing to his exit from Chapter VII , a clear indication that the port of Mubarak, the project west of Arab, tool Kuwait.
and called Musawi House of Representatives and the government to take all the ways to prevent Kuwait from the establishment of the port, which confirmed Moussawi its statement that it directly affects the Iraqi economy through the "stifling" of the ports marine Iraq.
It was the British ambassador in Kuwait has confirmed on numerous occasions the right of Kuwait in the construction of a port Mubarak and does not affect construction of the port on Iraq, the same opinion, who says the British ambassador in Iraq.
sources on maritime trade that the Kuwaiti government has promised to America by giving 30% of the Mubarak returns, and to prevent Britain 5% compared with Kuwait, they stood in his quest to build a port Mubarak. http://www.almustakbalpaper.net/ArticleShow.aspx?ID=9326
JOEY: GCC affirms support to Kuwait''s Mubarak Al-Kabeer Port Below are the important points from this article (click on link for entire article) Kuwait had recently briefed an Iraqi technical team that Mubarak Al-Kabeer Port would not harm Iraq but would be beneficial for the entire region.
Iraqi foreign minister Hoshyar Zebari said a report by the technical team, submitted following their visit to Kuwait, dismissed all fears about the port.In a final statement, the GCC foreign ministers, meanwhile, said they were confident that Iraq would honor international obligations relevant to Kuwait, a matter that would help building confidence between both countries.
They asserted importance that Iraq fully comply with all UN Security Council (UNSC) resolutions, complete maintenance of border signs with Kuwait, know whereabouts of remains of prisoners and missings of Kuwait and third countries, as well as return Kuwait's national archive and properties.
The national archive and properties were stolen by the defunct regime of Saddam Hussein during its seven-month occupation of Kuwait in 1990-91.
The GCC also affirmed respect to Iraq's unity, stability, independence and regional safety. They called for not interferring in Iraq's affairs and called for speeding up the national conciliation. LINK
Joey: That is a very important statement by the GCC - Iraq has complied with everything to be out of Chapter 7....If anyone doubts that Chapter 7 is done....email me I will send you the articles.
Deb: Joey I have a couple of questions in Arabic questions for you?
minu almas 'uul? which means "Who is in charge?"
Shabs?? 2nd Question: sh-wa-kit? which means "WHEN?"
When will this happen.......we are so close...
Joey: Can't wait to read the news everyday.....as shes printing the articles shes smiling and reading...what did the line say... Oh my Gosh...she gets so excited
VIC: Best statement ever said "give me control of a countries money and I care who not makes the rules"
Shabs CBI saves the money and the govt spends the money....if Shabs doesnt open up the purse to spend the money then noone can spend it
DEB Reads this article at the end of the call post by Toucan on Dinar Recaps and sent to her by Cindy Najaf start using smart cards in the next month
11/09/2011 BAGHDAD - Haider al-Rubaie Flaih Start Najaf province to use the smart card in the daily dealings of the departments of all government from next month, the move aims, according to sources responsible for the project to shift towards the use of technologies, scientific modern-day transactions, especially to receive monthly salaries at banks and some financial activities other, while the company signed a global agreement cooperation with MasterCard to expand the use of smart cards in Iraq and reduce the cash trading currency and to facilitate the work of many businessmen and traders in the smooth transfer of their money by making use of this type of card inside and outside of Iraq .. (IMO, need a international currency for this) According to the managing director and global Baha Abdul-Hussein, during an interview to the (morning): that the company completed the project Astkhadem card so smart in the province of Najaf and will be used as a first stage in the government official before so they can be used card standardized information to all residents of the province, pointing that this type of use will greatly facilitate the cardholders receive their monthly salaries of the branches of the Rafidain and good and will facilitate future operations to pay some bills important Kfatourta water and electricity as well as be used to pay wages and other entitlements in the markets, malls and commercial facilities that will be placed ATMs mechanism during the period the next, and Abdul-Hussein said that next month will see the use of such cards in the province in effect after the completion of the training of those employed to the full ..
And said Abdul-Hussein said the Najaf province, is the first of the provinces that will use smart cards in the trading of electronic and Spliha a number of other provinces that are working to complete this project by including the provinces of Karbala, Nasiriyah and other Iraqi cities, indicating that this type of uses technology guarantees the elimination of many operations of the rampant corruption, especially the use of electronic currency is one of the important methods to eliminate corruption in order to prevent him from direct contact between staff and customers .. The economists emphasized the (morning) the importance of moving towards the use of modern technologies in the daily dealings of the coin, pointing out that the use of the card electronic financial sponsor the Elimination of burglary and theft, which was repeated recently on the salaries of workers in some government departments, through the use of these cards in all government banks as well as some private banks and enable them to grant their holders monthly salaries directly, recommending the need for expansion of such use of modern technologies in all spheres of the state, the economic expert explained Yusuf Amin Abdullah, the importance of transformation of the banking systems in Iraq towards electronic trading He emphasized that the electronic money with the benefits and features many begin to use the security does not end not to exchange damaged or counterfeit .. And proceeded to Iraq to use those cards are widely about two years ago when allocated to the retired and covered by the system of social protection, have gained experience after this period acceptable to users, who confirmed that it prevented them from some of those who were Eptzonhm in order to obtain their monthly salaries, noting that the most prominent achievements of the results at the level of use by retirees is the elimination of those long lines that were longer be a day to see a scene in front of government banks by the distribution of those cards among the retired .. The number of people who comprised so far of the smart card to retirees and covered by the social protection system have reached the 2100 two and one hundred thousand, has been allocated to them an outlet for receipt of 850 divided between the branches of the Rafidain and good, and some ports that have been taken based on Chierfat ..
Meanwhile, said the managing director, said his company has signed a business agreement with MasterCard, which will guarantee under which the development work of the use of smart cards in and out of Iraq, stressing that this agreement will allow for the business use of smart cards in some of the 220 countries, noting that this step would greatly facilitate the commercial transactions, transfer and receipt of funds between the Iraqi traders and international companies .. http://www.alsabaah.com/ArticleShow.aspx?ID=13299
Transcription ends - Q & A follows with great discussions about Iraq and the Dinar.....
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