BLC Admin Shredd & Tlm: Budget, Article 140 + WTO Linked Like A Chain !

[DinarThug]

CNN. Broadcasting While Singing 'Now Let Me Tell U A Story About A Man Named Shredd' !

 

 

 

[rsp1] Based on your expertise, Shredd, is the CBI ready for something as big as a revalue ?     especially with all the gold reserves ?

[shredd] I think they are ready to remove the zeros which should bring with it a change in the value

[rsp1] When they start the removing of the zeroes....is it immediate? I would think so, but not sure -  well, like Bondlady said, they've backed themselves into a corner...

[rsp1] I would think based on that and the articles from the World Bank about not touching the CBI $ they'd have to pass the budget.

[rsp1] Kurds are saying they'll be there, should be a quorum
~~~

 

  [shredd] rsp1 I would think a change would be immediate since the supply of new notes would be at risk and it would cost the CBI quite a bit if Iraqis could get the new dinar at a really low rate and then it would float or increase later....that scenario would be very costly to CBI

[shredd] by contrast, if the new notes are released at the same time an initial rate is set, only the old notes currently in their hands would appreciate.

[shredd] makes sense to me ...
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Mahmoud Othman stresses convergence of Gat considered significantly between the federal government and the province on the budget and oil

[tlm724] that we want a final agreement on the issues of oil and the balance between the central government and the province,

[tlm724] do you all recall what GATT is ?

[tlm724] The General Agreement on Tariffs and Trade (GATT) covers international trade in goods. The workings of the GATT agreement are the responsibility of the Council for Trade in Goods (Goods Council) which is made up of representatives from all WTO member countries.

[tlm724] so see how this is alll tied together ?

[tlm724] The budget, the HCL agreements, article 140 and the WTO !

[tlm724] all linked like a chain !

[tlm724] just another look inside the working of a really big puzzle ! They are getting there, they are paying attention !

[tlm724] and they are doing what is required to move them forward economically imo 
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  Iraqi cement producers are crying out from the competition, "unfair" to the importer and demanding the application of tariff

[tlm724] Iraqi cement producers are crying out from the competition, "unfair" to the importer and demanding the application of tariff

[tlm724] demanding the need to lift the local product from the competition

[tlm724] they called for the application of tariff and standardization across the country and reduce the prices of what preparing its electricity and fuel

[tlm724] once again if they would just follow through with these things their economy can't be stopped !

[tlm724] I think they are on the verge of a huge reality check ! The international community is on their azz !

[tlm724] how do you think they felt when they were threatened with possible sanctions again ???

[tlm724] if it was me I would make it happen and quick
~~~

Kurdistan awaiting the results of "triple play" to attend "budget session" and the Liberals warn of "time pressure"

[tlm724] Kurdistan Alliance, on Friday, his willingness to attend the parliamentary session for the budget if the findings of the Tripartite Commission for "positive results" on its articles of contention
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Shaways looking with the head of the World Bank mission work of the banking sector

[tlm724] Rose Nuri Shaways with the head of the World Bank mission Marie-Helene financial and banking sector in Iraq

[tlm724] ok so who here likes the idea that my boy Shaways meet with the world bank ??

[tlm724] and that they preparing a mission work of the banking sector ! Love it !! Bring it on home !
~~~

Karbala declare bankruptcy

Karbala bankruptcy because of a failure to approve the budget by Parliament, called upon the Economic Committee in the province to activate the use of the smart card in banking transactions

[tlm724] disabled because of a failure to approve the budget

[tlm724] bank managers governmental and private in Karbala to discuss the activation handle the smart card in the banks they represent character civilized

[lightingcslt] yes fire those puppys up  

[tlm724] yes please !! lol
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Iraq opens the second largest oil field in the world

[tlm724] which is the second largest oil field in the world *hallelujah*

[tlm724] they are rockin it out !  

[tlm724] It is the West Qurna field - 2 second-largest oil field in the world's untapped reserves are recoverable of approximately 14 billion barrels and has a great importance for the economy of Iraq.
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Delayed adoption of the budget liver Iraq billions in losses

[tlm724] warned the parliamentary finance committee of the continued loss of Iraq billions of dollars due to the delay in approving the budget

[tlm724] "Iraq has lost between 4-6 billion dollars so far because of this delay

[tlm724] occurred due to suspension of the implementation of most of the strategic plans and projects, and international agreements

[tlm724] international agreements
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Iraq calls on U.S. companies to invest

[tlm724] Baghdad seeks to exchange experiences with Washington on the level of financial and banking

[tlm724] also briefed the delegation on the financial and banking institutions developed in the United States

[tlm724] the two sides agreed to establish cooperation between the Iraqi banks and the U.S. mission

[tlm724] now that I like  

[tlm724] that Deputy Prime Minister Ruz Nuri Shaways met Andy Bakool agent and the U.S. Treasury Department.

[tlm724] the two sides also discussed various proposals to cure the budget deficit and the latest methods

[tlm724] the latest methods and the most successful in the fight against financial crime and money laundering

[tlm724] as it confirmed the American side, the adequacy of protection existing funds sovereign Iraq.

[tlm724] this is big news ! Iraq is doing EXACTLY what is required of them !
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Market diversification

[tlm724] Mohammed Saleh that economic reform requires liberalization and diversification of the Iraqi market,

[tlm724] that the country complain of the absence of economic policies

[tlm724] and the IMF has told them just that !

[tlm724] the IMF wants the currency exchange regime to be liberalized too !
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Shahristani hopes to export oil through the region SOMO starting from next month

[tlm724] three and a half million barrels per day *wolfwhistle*

[tlm724] expressed hope that the differences are resolved with the Kurdistan region nearest time and to be issued oil region through SOMO starting from next month
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Deputy from the Liberal: the second reading of the budget is settled next Sunday for a consensus on the National Alliance passed

Maybe why my neck & shoulder are on fire lol

[tlm724] parliament will resolve the second reading of the budget at a meeting next Sunday for a consensus blocks to attend the National Alliance and then engage in a discussion of doors in preparation for a recommendation to ratify it

[tlm724] and that the political will of the blocks are resolved approval.

[tlm724] ok so they will then engage in a discussion of doors in preparation for a recommendation to ratify it

[tlm724] get all the kinks worked out for the vote

 

[sandfly]

THANKS

[calkid11]

Thank you Thugster

[stealthwarrior]

There are a lot of smart businessmen in Iraq that are very tired of waiting on the GOI.they are watching their money fly bye.

[DinarThug]

Here Are 4 More Articles Being Discussed From Today ...

 

 

 

Next Sunday .. distribution of salaries of workers secured

[tlm724] next Sunday as the date for paying salaries to the workers secured in Baghdad and the provinces

[tlm724] will be spent in the Department of pension and social security, was delayed for more than three months

[tlm724] planned the grant will be distributed to workers secured that were distributed during the last term of this category if the provision of the necessary funds for this purpose, and solving problems related to the entitlement of workers with the Ministry of Finance.
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  [tlm724] so on April 6th they intend to distribute these funds ... there is a lot of money that is going to be distributed in the next week, makes me question where it is coming from, just sayin...
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Energy parliamentary critical of the absence of oil and gas law in light of increasing oil production of the country

[tlm724] stressing Parliament on the need to approve oil and gas law to resolve disputes between the center and the Kurdistan region and the rest of the producing provinces as well as to regulate the relationship between Iraq and international companies operating in its territory

[tlm724] "the lack of legislation in oil and gas law leaves a negative impact with an increase in oil production,

[tlm724] "establish law to resolve the outstanding problems in the oil sector and regulate the production and export with transparency

[tlm724] opening the field to "historic achievement" that will enable the Iraqi government to implement its development programs.
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Budget: Vice-Maliki, Shahristani consider approval on the initiative of Erbil "personal" and the Tripartite Commission linger

[tlm724] The shape of the parliament of a tripartite committee to reach a compromise solutions, but has not issued its final report

[tlm724] "Latina today and we hope that we move the budget in accordance with the initiative announced by the province," explaining that "the Kurdistan has heard from the outskirts of government responsible that the Baghdad government welcomed the initiative of the 100 000 barrel but did not announce its agreement formally. "

and "If the government approved the proposal of the region, we will attend before the rest of the other blocs to vote on the budget," and explained that "the Kurdistan was not the only one who boycotted the session today."
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Iraq is planning to three loans, one of them an international bridge the budget deficit

[tlm724] government to resort to three options to fill the shortfall in the general budget of the country in 2014,

[tlm724] that the object in the budget deficit in 2014 exceeds 20%, and this figure will necessitate approval on Iraq to resort to borrowing from the World Bank

[tlm724] A few days ago, threatened the World Bank, to develop Iraq in the black list, if the Iraqi government continued to intervene in the work of the central bank and private borrowing it.

[tlm724] warned the reform of those policies and stop government interference in the work of the central bank and private borrowing it, otherwise Iraq will be put on the blacklist

[tlm724] led to the deterioration of the Iraqi dinar and its negative effects on the Iraqi situation

[rsp1] got spanked by the WB

[tlm724] now the Ministry of Finance having difficulty in providing the salaries of some of the ministries of the Iraqi state. Before more than a month, the International Monetary Fund said that the Iraqi government if it goes forward in the implementation of the spending plans for the year 2014, they will be recorded inflation record and drain the country's reserves of hard currency

[tlm724] they sure have put themselves right up against the wall, the people are waiting for their money, the pressure is on big time ! The World bank and IMF are on their azz !

[rsp1] and yet, they still don't show up for the meetings...

[tlm724] now it's the make it or break it moment for Iraq !

                 

[calkid11]

Good one Thug

[10 YEARS LATER]

Excellent find Mr. Thug -

[RodandStaff]

Sandfly Thug...keep er coming...one day you'll be able to do your play by play from the beach!!! ;o)

[az66]

Let it roll

[millionaire in training]

thank you Thug.......

[DWitte]

Hey, Thugster.  Your broadcasting moniker gives away your age.  Do you remember the first season or the last? 

 

Can't wait until you start with the "I Love Lucy" song.  Do you know the words to that one too?

 

Hint: I do ..............................NOT.

 

Thank you for allowing me the honor of speaking with you.

 

DW

 

 

PS  If this post is too confusing for some or you just don;t get it, let me know and I will post part two.  Part to.  Part too. 

 

Ain't it cool?  I wanna be just like him.

Edited April 2, 2014 by DWitte