IQD CALLS Chat Early Monday 12-9-19
IQD CALLS Chat Early Monday 12-9-19
chattels Baxter Some say that there has to be macroeconomic meltdown before we realize any benefit from our currency speculation.
Baxter I think you better hang on.... I believe its coming.....
Baxter the Central Banks of the world... are in trouble...
Baxter this cant go on much longer...
Baxter at least.. the way the world money situation is
Baxter whether Iraq has anything to do with it.... I dont have a clue
Baxter Why in the world.... did we spend 5 years fighting WW2... lost millions of people in 18 different countries... practically destroyed them all... and then less than 2 months after peace was declared... they come up with the Marshal plan to get all of these countries back on their feet again.... Now does that make any sense....??
chattels Baxter I will wait it out. i don't need to know the why or how.
Baxter I will to.... either on the closet shelf.. or in here
larrykn Rockets hit military base near Baghdad airport, six wounded: military statement https://www.thebaghdadpost.com/en/Story/45005/Rockets-hit-military-base-near-Baghdad-airport-six-wounded-military-statement
larrykn 6 Iraqi security personnel injured in Baghdad missile attack https://www.thebaghdadpost.com/en/Story/45009/6-Iraqi-security-personnel-injured-in-Baghdad-missile-attack
Larrykn Iran-backed forces behind Baghdad missile attack: sources https://www.thebaghdadpost.com/en/Story/45010/Iran-backed-forces-behind-Baghdad-missile-attack-sources
larrykn Barzani calls on international community to punish those involved in genocide https://www.thebaghdadpost.com/en/Story/45008/Barzani-calls-on-international-community-to-punish-those-involved-in-genocide
Larrykn Missiles hit Iraqi military complex housing US troops, six injured https://www.thebaghdadpost.com/en/Story/45012/Missiles-hit-Iraqi-military-complex-housing-US-troops-six-injured
larrykn If they can prove that Iran backed that attack I think the US wouldn't be acting kindly to such a thing.
Doug_W one would think not
larrykn I think the US is looking for such a thing now
9 Dec 19, 07:44 AM larrykn didn't the DOD just send another 14000 troops to that area
Doug_W logic says WHO else can supply that kind of missles in the area
Doug_W recently yes
larrykn I'm sure the US knows who did it. I'm waiting for the other foot to drop now
Doug_W RV today since Iraq is so stable now
larrykn right lol
Larrykn Integrity seizes corruption cases worth 400 billion dinars in one month
Economy News – Baghdad The Integrity Commission's Investigation Department revealed that its directorates and investigative offices carried out a number of seizures in Baghdad and the provinces in November 2019.
The department said in a statement issued by the Integrity Commission on Sunday that there were 34 seizures during the month, with corruption values amounting to more than 400 billion dinars.
The department added that the seizure of smuggled artifacts worth up to $200 million was carried out in the possession of six defendants in Dhi Qar, the most prominent of which is the operation.
The department added that among the operations, the seizure of non-conforming materials contracted under 13 contracts worth $80.1 million at Basra Oil Company, pointing out that all the dues of the processors have been paid since 2012.
She added: In addition, the governor of Kirkuk distributed 25 billion dinars of funds for projects to maintain the owners of companies with whom they have personal and partisan relations, and the existence of irregularities in the implementation and disbursement, and spent large amounts of money as a hospitality to the provincial office.
The Department confirmed that the Director of the Sunni Endowment in Nineveh and a number of employees had appointed more than 250 male and female relatives as "a guard collector", and that he had deducted payments from the salaries of those appointed without an accounting committee, noting that not all of those appointed had begun their work.
The Investigation Department indicated that both the Kirkuk and Karbala investigation offices carried out 6 of the 34 operations, noting that these operations resulted in the arrest of 25 accused, the highest in Nineveh, with 7 accused. http://economy-news.net/content.php?id=18445
larrykn Iran announces extension of electricity export contract to Iraq
Economy News _ Baghdad Iran's Energy Minister Reza Erdkanian said Monday that the contract to supply electricity to Iraq would be definitely extended.
"The contract for the supply of electricity to Iraq is annual, similar to the general budget of this country," the official Fars news agency quoted Erdkanian as saying.
"Iran has concluded a three-year cooperation with Iraq to provide assistance to the Iraqi electricity industry in all dimensions, as the electricity export document mentions the continuity of electricity supply to this country as long as required," he said.
"The contract will inevitably be extended, in addition to synchronizing iran's and Iraq's electricity systems for about a month to come, as scheduled," he said.
Iraq imports electricity from Iran across four lines, while dry gas is also imported to operate some power plants, and Iraq is suffering from a large shortage of power and imports from neighboring countries to reduce its deficit. http://economy-news.net/content.php?id=18457
larrykn Central Bank: Electronic payment benefits company not licensed to operate in Iraq
Economy News - Baghdad:The Central Bank of Iraq has revealed the illegality of the work of the electronic payment benefits company for jordanian credit card and payment services in Iraq.
The Central Bank said in a press release received by "Economy News", that the company advantages of electronic payment of credit card services and payment jordan is a company not licensed to work by the Central Bank and is not subject to its supervision and control and may not be dealt with, and contrary to the violator bears the legal consequences. http://economy-news.net/content.php?id=18454
larrykn Iraq to recover $87 billion from 55 countries
Economy News – Baghdad The Integrity Commission announced Monday that it is seeking to collect more than $87 billion in initial estimates of 55 countries it had contracted before Iraq's invasion of Kuwait.
A source from the Recovery Department of the Authority said in a statement to the official newspaper "Al-Sabah" and seen by "Economy News", that "Iraqi laws authorize two official parties to recover Iraqi money abroad, namely the fund for the recovery of funds, which was formed at the time headed by the undersecretary of finance and the membership of a number of parties "The central bank and the ministries of foreign affairs and justice were tasked with recovering the money that was used during the period of economic sanctions against Iraq after the occupation of Kuwait and specialized in oil-for-food," he said.
"The other official body is the Recovery Department, which was formed under Order 30 of 2011 and is responsible for the recovery of funds and those accused after 2003 for corruption offences."
"As part of the UN Convention against Corruption in chapter s. V, asset recovery and international cooperation as a recovery chamber, most of the laws in force do not regulate and do not take into account the issue of recovery, given that the recovery of accused and convicted persons is regulated by bilateral agreements," he said.
"The issue of money recovery, which is the focus of the conversation, came to the surface after the Arab Spring, as there were no laws in place in this regard, such as the recovery of funds, and therefore the commission found the legal basis for one of the chapters to recover assets and committed the countries included in the UN Convention against Corruption," he said. "The commission has begun to work on this area because it is Iraqi funds that must be worked on," he said.
larrykn "The recovery fund has been born dead since it was established in the Ministry of Finance, and then there was the urgent need to activate it, which was done in 2015 and after confirming the existence of funds for Iraq in a number of countries," the recovery department promised.
"With a proposal from the Recovery Department, a technical team was formed to recover the funds and was formed in January 2017, within the prime minister's office, considering that it includes all the stakeholders and this gives him some kind of strength, and in fact began work on the establishment of a database of all Iraqi funds abroad and was "Prepare a form and send it to all ministries, institutions and provinces for the money that exists outside the country before the occupation of Kuwait."
"Everyone knows that after the invasion of Kuwait, Iraq has frozen all its funds abroad by security council resolutions 660 and 661, whether official or for people connected to the regime," he said. "The 350 million dollars have been handed over to the Italian side in the form of oil and cash," he said.
"There is another contract with Spain worth 11 million dollars in agreement with the Ministry of Industry to supply Iraq with various industrial materials, which was also not implemented because of the Kuwait war, and recent discussions have been held with the Spanish side, which has confirmed its readiness to pay the money, but in the form of goods," he said. http://economy-news.net/content.php?id=18449
larrykn Nice to see they are recovering the funds that were stolen.
Chattels Sunday, December 8, 2019
Kataib Hezbollah With Help From Security Forces Blamed For Friday’s Massacre Of Baghdad Protesters
http://musingsoniraq.blogspot.com/2019/12/kataib-hezbollah-with-help-from.html
chattels Interior Min source told Al Hurra that Kataib Hezbollah was behind the massacre of protesters in Baghdad on Dec 6 Used Hashd IDs to get through checkpoints ISF also withdrew from around protest area to facilitate attack Killed 25 http://musingsoniraq.blogspot.com/2019/12/kataib-hezbollah-with-help-from.html …
chattels QudsForceCmdr GenSuleimani back in Baghdad to help pick new PM Is also taking part in crisis cell Iran helped set up to suppress protests Includes leading Hashd figures including 2 just sanctioned by US Could account for stabbings & shootings of protesters http://musingsoniraq.blogspot.com/2019/12/kataib-hezbollah-with-help-from.html …
chattels News about the political blocs trading 4 names to succeed Abdul Mahdi
[Baghdad - Follow-up to where] A parliamentary source said, on Monday, that the political blocs are currently trading four names to succeed the "resigned" Prime Minister Adel Abdul-Mahdi, while activists confirmed that the demonstrators will work with the aim of pressing to choose a new prime minister that is consistent with their orientations 5 days before the end of Duration of fifteen days. http://www.alliraqnews.com/modules/news/article.php?storyid=85192
chattels Iran: The contract to export electricity to Iraq will definitely be extended
Editing Date: 12/9/2019 13:04 • http://www.alliraqnews.com/modules/news/index.php?storytopic=37
chattels Iraqi protesters' deaths could lead to international court
Mustafa Saadoun December 9, 2019
Read more: https://www.al-monitor.com/pulse/originals/2019/12/iraq-protesters-abdul-mahdi.html#ixzz67c9WPvi9
chattels Moath al-Momani, a legal expert at Lawyers Without Borders, told Al-Monitor a UN resolution will be needed for international prosecution because Iraq is not a party to the International Criminal Court (ICC) Rome Statute of 1998. Iraq didn't vote on the draft UN resolution at the time because then-President Saddam Hussein feared international trials. The current political regime also fears such trials.
Read more: https://www.al-monitor.com/pulse/originals/2019/12/iraq-protesters-abdul-mahdi.html#ixzz67c9oH8es
chattels They may prosecute a few scapegoats locally, but that is likely the extent of it all.
chattels The stability of the dollar price against the dinar on the local stock exchange
Monday 09, December 2019 Baghdad / Nina / Foreign currency markets in Baghdad recorded today, Monday, a stability at the exchange rate of the US dollar against the Iraqi dinar.
The market price on the Kifah Stock Exchange today reached 1200 dinars per dollar, or 120,000 dinars per hundred dollars.
The selling and buying prices of the dollar in banking companies were as follows:
the selling price of one dollar is 1210 dinars, or 121 thousand and 100 dinars per hundred dollars, and the purchase price of the dollar is 1200 dinars, or 120 thousand dinars per hundred dollars. https://ninanews.com/Website/News/Details?key=801408
chattels Iraq calls on the international community to support the Iraqis because they fought and sacrificed their lives in defense of their country and the world in the face of terrorism
Monday 09, December 2019 https://ninanews.com/Website/News/Details?key=801475
chattelsAnd .... .......... gimme, gimme, gimme......
chattels Not a lot of news out there this morning.
chattels Have a fine day all.