News, Rumors and Humor Late Saturday PM 12-21-19

TNT:

UPDATE 12-21-19

Demonstrations have turned violent in Southern Iraq....protestors set fire to the headquarters of the Shiite party

Iraqi TV broadcasts that the president of the republic will announce the Prime Minister candidate on Sunday morning.

 (a few hours later) New reports now indicate that the Prime Minister will be announced on Tuesday instead of Sunday.

 It is being stated that Alawi has 170 votes from the ministers making him likely to be the next Prime Minister.

Reportedly, Saleh is naming Alawi as Prime Minister and that he will take office in January of the new year.

Time Will Tell All!

KMan:  Sadr & Other Blocs Nominate "Mohammed Tawfiq Allawi" For Prime Minister https://www.youtube.com/watch?v=YpwsoTM7YBk

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KTFA:

Don961:  Dr.. The appearance of Muhammad Salih *: A testimony of history on the issue of raising the value of the Iraqi dinar in the year 2006-2008, as revealed by Professor Muhammad Allawi in his last lecture in Washington

19/12/2019

I would like to mention that the Paris Club Agreement signed on November 21, 2004, which canceled 80% of the total debt of Iraq, which was arranged before 1990 and estimated at that time at about $ 128 billion (which was led by Mr. Adel Abdul-Mahdi) and was shared with him until the day it was signed by Dr. Sinan al-Shabibi And Mr. Aziz Jaafar, and I personally and a number of women, committed Iraq to historical stages for writing off debts before the expiry of the next 6-year grace period, provided that a corrective program was signed with the International Monetary Fund. 

As it canceled 30% of Iraq’s debt immediately after signing the Paris Club agreement in 2004 and another 30% written off if Iraq signed the SBA credit agreement with the International Monetary Fund that was signed in the last month of 2005 provided that another 20% be written off when Iraq succeeded in implementing His agreement with the fund at the end of 2008 to make the total debt written off 80% ؜

To continue reading, click on the following link

Dr. Muhammed Salih Appearance - a history testimony on the issue of raising the value of the Iraqi dinar in the year 2006-2008 - Editor    LINK

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Don961:  The appearance of Muhammad Salih *: A testimony of the history of Kh on a subject Year J s
Raise the value of the Iraqi dinar 2006-2008, as well Disclose his last prosecution About it Professor Muhammad Allawi sJ Washington S **

1.I would like to mention the Paris Club agreement signed on November 21, 2004 Which canceled 80% of the total Iraqi debt that was arranged before 1990 Estimated at that time to be about 128 billion dollars) that Mr. Adel Abdul-Mahdi (and subscribed to it until the day it was signed by Dr. Sinan Al-Shabibi And Professor Aziz Jaafar, and I personally and a number of women, committed Iraq in stages Historic debt write-off before the next 6-year grace period ends Provided that a corrective program is signed with the International Monetary Fund. 

It dropped 30% Of the Iraqi debt, immediately after the signing of the Paris Club agreement in 2004, and another 30% Once Iraq has signed a SBA credit agreement with a fund, it is written off International currency, which took place in the last month of 2005 to be completed A further 20% will be written off when Iraq successfully implements its agreement with the fund In 2008, the total debt forgiveness will be 80% ٪

2. In the first consultations in Amman with the International Monetary Fund, inflation was The annual time at that time is more than 20% and that the economic model is adopted The Fund in implementing its program with Iraq may require reducing inflation to a level One decimal point to about 6%, and that this reduction needs to be approved The nominal nominal of the Iraqi dinar increases the external value of the dinar

It is the gradual increase in the Iraqi dinar exchange rate by anchor approximation 20% over the years of the program, as well as raising the internal value of the Iraqi dinar That is, the interest rate by adopting the monetary policy interest rate, which it lends and borrows The central bank of local banks with at least 20% of that to counteract the forces Generating inflationary expectations, which specifically refers to import forces

In both cases, the central bank was forced to pursue a deflationary monetary policy to cut As a witness to the history of events, inflation is called a tighten policy

A closed meeting that included the head of the Iraq mission at the International Monetary Fund and Mr. Minister Finance and Mr. Aziz Jaafar, in my presence personally, the head of the mission asked, explaining that the implementation of this international program requires preconditions, namely acceptance of a value adjustment The Iraqi dinar, internal and external, i.e. interest rates and the exchange rate.

Has been Dr. Sinan flatly refused to adopt such a restrictive monetary policy (policy) It conflicts with advancing development after Dr. Sinan spent 20 years at UNCTAD

It is one of the development organizations that ideologically intersect with the Monetary Fund International) (Dr. Sinan left the meeting and left, saying, with the text: I will not accept With such oppressive terms of development (I had to talk to him to return to the meeting Closed because the head of the fund’s mission indicated that the program should be stopped with them Stop the Paris Club agreement! Reloading Iraq debt before 1990 with Its continued delay benefits that are the product of the previous regime is what makes the damage Larger. So everyone was forced to accept the fait accompli in improving the dinar exchange rate To reach at the end of the program at the end of 2008 about 1182 dinars about the dollar after . If it was 1560 dinars per dollar at the end of the year 2005

3. The problem in my estimation is not only the appreciation of the dinar at the time, though disinflation A decrease in annual inflation from 22% to 6% within phenomenon

In other words, there are low or decreasing increases in the general price level at the time But the major problem has been the increase in the number of government workers to five Today’s times compared to 2003 and the rise in the value of government wages 7 times Make the average government employee’s salary equal to approximately twice per capita share of GDP, adding double benefits to government jobs

The first comes from monetary policy and exchange rate stability, and the second from a rise Wages and salaries as well as high bank interest on savings from He had savings. In addition, the increase in the allowances in salaries Government (which makes up 66% of today's salary components (are exempt)) Allocations (from income taxes and a government decision in 2009 until Today.

Baghdad on December 14, 2019
(**) Muhammad Allawi's lecture video link
YOUTUBE VIDEO LINK
(*) Iraqi academic researcher and writer

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From Recaps Archives

HOLIDAY EATING TIPS

1. Avoid carrot sticks. Anyone who puts carrots on a holiday buffet table knows nothing of the holiday spirit. In fact, if you see carrots, leave immediately. Go next door, where they're serving rum balls.

2. Drink as much eggnog as you can. And quickly. It's rare... You cannot find it any other time of year but now. So drink up! Who cares that it has 10,000 calories in every sip? It's not as if you're going to turn into an eggnog-alcoholic or something. It's a treat. Enjoy it. Have one for me. Have two. It's later than you think. It's Christmas!

3. If something comes with gravy, use it. That's the whole point of gravy. Gravy does not stand alone. Pour it on. Make a volcano out of your mashed potatoes. Fill it with gravy. Eat the volcano. Repeat.

4. As for mashed potatoes, always ask if they're made with skim milk or whole milk. If it's skim, pass. Why bother? It's like buying a sports car with an automatic transmission.

5. Do not have a snack before going to a party in an effort to control your eating. The whole point of going to a Holiday party is to eat other people's food for free. Lots of it. Hello?

6. Under no circumstances should you exercise between now and New Year's. You can do that in January when you have nothing else to do. This is the time for long naps, which you'll need after circling the buffet table while carrying a 10-pound plate of food and that vat of eggnog.

7. If you come across something really good at a buffet table, like frosted Christmas cookies in the shape and size of Santa, position yourself near them and don't budge. Have as many as you can before becoming the center of attention. They're like a beautiful pair of shoes. If you leave them behind, you're never going to see them again.

8. Same for pies. Apple, Pumpkin, Mincemeat. Have a slice of each. Or if you don't like mincemeat, have two apples and one pumpkin. Always have three. When else do you get to have more than one dessert? Labor Day?

9. Did someone mention fruitcake? Granted, it's loaded with the mandatory celebratory calories, but avoid it at all cost. I mean, have some standards.

10. One final tip: If you don't feel terrible when you leave the party or get up from the table, you haven't been paying attention. Re-read tips; start over, but hurry, January is just around the corner.