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Chizzy

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  1. http://www.moneynews.com/Economy/Iraq-oil-exports-energy/2015/01/03/id/616195/ Iraq Oil Exports Soar but Low Prices Hit Revenue Saturday, 03 Jan 2015 07:48 AM Iraq's oil exports reached their highest level in decades in December, the oil ministry's spokesman said on Saturday, but vital revenues were being hit by the plummeting prices of crude.[/size] Iraq exported 91.1 million barrels of oil in December for an average of 2.94 million barrels a day, the highest daily average since 1980, Assem Jihad told AFP, citing initial figures. December exports were far and away the highest in 2014, eclipsing the previous best month by more than 11 million barrels, according to ministry figures. But revenues were $5.247 billion, only up slightly on November and much lower than the early months of 2014 because of sharply declining oil prices. Jihad said prices averaged $57 a barrel in December, down from $100 or more during the first half of the year. The average December price was even lower than the $60 per barrel used to calculate Iraq's 2015 budget, which already includes a more than $19 billion deficit. Oil-producing cartel "OPEC must move to address this issue," Jihad said. "Prices are falling now to abnormal levels, and it is up to the organization to move instead of watching prices collapse to illogical levels," he said, adding that this was his personal opinion rather than that of the ministry. The dramatic decline in oil prices poses a major problem for Iraq, which depends on oil revenue for the vast majority of government funds. The oil ministry said in November that Baghdad lost more than 27 percent of its projected revenues for 2014 because of the fall in prices. It comes at a time when expenditures are higher than usual, with the country battling to regain ground from the Islamic State jihadist group, which spearheaded a sweeping offensive that overran swathes of territory in June. © AFP 2014
  2. I have seen a lot of talk of late how iraq cant ri or rv ther Currency, because of the m1 and m2 supply to high...The money supply is more than just actual money. Its hard for me to explain so here a vid to show u what our fed does and if iraq cbi is like ours who know how this will play out... http://finance.yahoo.com/blogs/daily-ticker/no-fed-does-not-print-money-just-explain-150433185.html
  3. i dont know what they r gonna do makes sense to lop........and make sense to RV.........i hope it RV's GO DINAR
  4. http://www.examiner.com/la-county-nonpartisan-in-los-angeles/3-minute-video-comedians-clarke-and-dawe-explain-the-european-american-debt-crisis
  5. no he don't....cause he dont post it here.........peps bring o's ^%^&* here
  6. LOL they dont even know it the gold is still in Fort Knox LOL
  7. http://www.foxnews.com/politics/2009/07/21/iraq-hopes-sanctions-lifted-maliki-arrives/
  8. http://www.foxnews.c...maliki-arrives/
  9. March 2011 Iraq BASIC INDICATORS Population (thousands, 2009) 31 494 Rank in world trade, 2009 Exports Imports GDP (million current US$, 2009) 65 837 Merchandise 50 52 GDP (million current PPP US$, 2009) 111 742 excluding intra-EU trade 34 34 Current account balance (million US$, 2008) 27 133 Commercial services 98 60 Trade per capita (US$, 2006-2008) 2 433 excluding intra-EU trade 72 41 Trade to GDP ratio (2006-2008) 115.9 Annual percentage change 2009 2000-2009 2008 2009 Real GDP (2000=100) 90 -1 9 4 Exports of goods and services (volume, 2000=100) ... ... ... ... Imports of goods and services (volume, 2000=100) ... ... ... ... TRADE POLICY WTO accession Observer Contribution to WTO budget - Trade Policy Review - Import duties collected GPA accession - in total tax revenue ... Tariffs and duty free imports to total imports ... Tariff binding coverage (%) - Number of notifications to WTO and measures in force MFN tariffs Final bound Applied Outstanding notifications in WTO Central Registry - Simple average of import duties Goods RTAs - services EIAs notified to WTO 2 - 0 All goods - ... Anti-dumping - Agricultural goods (AOA) - ... Countervailing duties - Non-agricultural goods - ... Safeguards - Non ad-valorem duties (% total tariff lines) - ... Number of disputes (complainant - defendant) MFN duty free imports Requests for consultation - in agricultural goods (AOA) ... Original panel / Appellate Body (AB) reports - in non-agricultural goods ... Compliance panel / AB reports (Article 21.5 DSU) - Services sectors with GATS commitments - Arbitration awards (Article 22.6 DSU) - MERCHANDISE TRADE Value Annual percentage change 2009 2000-2009 2008 2009 Merchandise exports, f.o.b. (million US$) 41 929 8 48 -32 Merchandise imports, c.i.f. (million US$) 37 000 12 53 12 2009 2009 Share in world total exports 0.33 Share in world total imports 0.29 Breakdown in economy's total exports Breakdown in economy's total imports By main commodity group (ITS) By main commodity group (ITS) Agricultural products 0.1 Agricultural products 20.8 Fuels and mining products 99.9 Fuels and mining products 2.0 Manufactures 0.0 Manufactures 76.1 By main destination By main origin 1. Syrian Arab Republic 0.2 1. ... ... 2. Jordan 0.1 2. ... ... 3. Iran, Islamic Rep. of 0.0 3. ... ... 4. Turkey 0.0 4. ... ... 5. Morocco 0.0 5. ... ... Unspecified destinations 99.7 COMMERCIAL SERVICES TRADE Value Annual percentage change 2008 2000-2008 2007 2008 Commercial services exports (million US$) 1 739 ... 138 107 Commercial services imports (million US$) 6 984 ... -6 47 2008 2008 Share in world total exports 0.05 Share in world total imports 0.19 Breakdown in economy's total exports Breakdown in economy's total imports By principal services item By principal services item Transportation 45.3 Transportation 58.5 Travel 48.5 Travel 10.5 Other commercial services 6.2 Other commercial services 31.0 INDUSTRIAL PROPERTY Patent grants by patent office, 1996 Trademark registrations by office Residents Non-residents Total Direct residents Direct non-residents Madrid Total 28 18 46 ... ... ... ... STill not in the WTO
  10. i found this while i was just looking for a hint of the rv and i hope this isnt true. http://www.xe.com/currency/iqd-iraqi-dinar
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