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The Economic Situation Is Bad, And The Repetition Of The Past Is Not Going To Work !


DinarThug
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CNN. Broadcasting While launching the real sectors that make their currency !

 

 

(by walkingstick)

The economic situation is bad, and the repetition of the past is not going to work

 

 24/09/2017

No matter how much effort we make, we have spent money, we have plans to reform the economy, develop the country and overcome unemployment, we will not succeed as long as the dominant concept is that the economy is just getting foreign pieces either by selling oil or by borrowing to regulate the state budget. , Which distributes incomes to employees, and their disposal in their operating and investment expenses, which will move trade, contracting and economic activities, especially small and medium, which will depend mostly on state expenditures. This cycle, with all its buildings and results, is the precise characterization of dependent economies, often backward, even if citizens have good or even high levels of income, making their economies fragile and weak, which could collapse with the first crisis or volatility in world markets
.

This session means full dependence on the outside and importing the needs of the country. It means a single economy and the state's domination of it in development and employment policies. Unless we free ourselves from this view, we will remain closed in closed circles. 

Once the sources of foreign exchange (dollar in our case) are affected, the budget will be affected, public spending will be affected, activity, employment and business will be reduced. All negative indicators will show a drop in incomes, an increase in debt, a decline in monetary reserves and high unemployment. With the economic philosophy that will not benefit the procedures and reforms within them unless the equation changes towards the liberalization of the economy from the concept of foreign exchange and provide a currency for the budget, to launch the real sectors that make their currency, including foreign pieces , And wealth, including budget funds through the diversity of sources.

1. Gross national product declined from 234.6 in 2013 to 171.7 billion dollars in 2016 and per capita income from 7021 to 4533 dollars. And unemployment from 15.1% to 16% of the registered labor force.
Between 2013 and 2016, the central bank reserves declined from 77.8 to 45.2 billion dollars, and their coverage of imports from 10.8 months to 6.7 months. The types of currency manufactured by businesses and economic activities such as Sukuk, promissory notes, electronic and electronic currency, Broad Money from 15.9% of GDP to 7.2%.
As a percentage of GDP, between 2013 and 2016, domestic investment declined from 26.9% to 20.6%. Domestic consumption rose from 69.5% to 87.8%. Savings fell from 28.1% to 11.9%, and the investment balance of + 1.1% to -8.7%. It is known that the balance of investment is the balance of savings and investment, which we get from: Gross national income = national consumption + national savings + government expenditures + (exports - imports) .. ie Y = C + I + G + (EX-IM).
4 - The rise of the debt from 73.1 billion dollars to 114.6, and the external ones from 59.3 billion in (2013) to rise to 67.5 in (2016).
As a proportion of GDP, between 2013 and 2016, exports declined from 38.3% to 29.1%, imports increased from minus 28.4% to minus 30.9%, and Current Balance, which is exports minus Imports, from + 1.1% to -8.7%.
These are some indicators, and will not improve if they do not decline in the most important, depending on the continuity and the continued decline in oil prices in the coming years and the increase in the population and requirements .. This will mean increased rates of poverty and unemployment and economic stagnation and increased corruption. Which should be of utmost importance not less than the importance of fighting "Dahesh," and that the economic philosophy will change completely as changed security philosophy, which turned the defeats into victories.
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Iraq Official Portal: Our official license and we will follow the transgressors

 

Release date: 2017/9/24 19:20 •
 
Iraq Official Portal: Our official license and we will follow the transgressors

{Baghdad: Al-Furat News}

The Iraqi e-portal for financial services confirmed that it obtained the license under the laws and regulations approved by the Iraqi government and the Central Bank.

The company said in a statement, received by the agency {Euphrates News} a copy of today, that "the company strongly denies the allegations and lies that circulated some social networking pages on questioning the integrity and fundamentalism of its procedures," stressing that "it is a 100% Iraqi company owned by an Iraqi businessman, And adopted in their operations to comply with the Iraqi laws first and based on the highest international standards and advice of major international companies accredited and specialized in this area.

"It has identified all those who carried out this disgraceful act of libel and libel and false allegations poured into the Nile from the respect enjoyed by the company to undermine the confidence of the public and investors," describing it as "unfair competition and an unfair way contrary to the principles of integrity in dealing with trade and door of blackmail "Noting that" it will take the necessary legal action against these rogue to ensure their right and protect their investments in Iraq, "calling on the competent authorities to" take their role in the prosecution of those who exceed. "

"The lies and rumors will not discourage the company from continuing its march and fulfilling its duty to serve the Iraqi citizen. It is even more determined to be a key player to improve financial coverage and provide services," she said. Electronic payment to the Iraqi society according to the best international standards to achieve the goal set up by the future. "

She pointed out that "the lies that have been published have been monitored and the company is in the process of taking legal action against them," noting that "the cadres of the company of the global and local competencies specialized in this area, and the feasibility studies of the company and build the ideal model of work has been throughout the year in accordance with international standards In cooperation with Ernst & Young International Company as a consulting company to study the status of the Iraqi market and define the model and work plan and then submit those studies and register the company in accordance with the laws and regulations and approved by the Iraqi government and the Central Bank.

The company has completed the construction of the infrastructure of the systems of the company and data center under the contract with the Swedish company Eriscon, which has built similar centers in most of the developed countries in this area, was built data center, the first of its kind in Iraq Which processes the data with servers and links linked with the national division inside Iraq, which secures the confidentiality and ensure information processed under the supervision of the competent authorities. 

"We have contracted with well-established technology and payment systems companies such as S2M, an e-payment company, and HP and CISCO, which have developed an efficient and fast-paced infrastructure for local, regional and international economic and technological platforms."

"As a result of these professional preparations, the company obtained a license from Master Card International to issue and accept MasterCard cards and services after completing all the requirements and procedures required by MasterCard International in this regard, including the acquisition of advanced technological systems, fraud control systems and programs Anti-money laundering, risk management and financial compliance conditions. "

"It is in the process of completing the procedures for obtaining a similar license from VISA International to issue and accept its cards and services. This is the first company in Iraq to offer this integrated package of electronic payment solutions and services. In the advanced stages of the project, IFC to provide technical and strategic advice to the company and to ensure the suitability of the business model and strategy of the company to the needs of the Iraqi community with regard to electronic payment services. "

http://alforatnews.com/modules.....yid=150654

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Investment environment

25/9/2017 12:00 am 
Ali Faleh Al Zaidi 

Investigating the investment environment in Iraq since the issuance of the investment law in 2006 until the moment indicates the challenge that hindered the investment itself. 


This challenge is that the investment opportunities available without the liquidation of ownership and the large number of abuses on its territory. 

Although the investment law and its subsequent three amendments are trying to break the choke with the previous laws in force, but the insistence of some departments to adhere to and interpret it as they wish without taking into account the investment law, which prevents the laws that are inconsistent and implementation. The problem of the investment environment in Iraq that it is not attractive for investment because of the behavior unacceptable to some of the The "transgressors" in the investment opportunity provided by the investment bodies, although the property belongs to the state. The investor is trapped between two lines, the first of which is the intersection of laws and non-compliance with implementation. 

The second is the difficulty of handing over the land because of the occupation of some without any legal basis, so the investor may have completed his belongings and left the idea in whole. 

There is another limit of investment is that the investment bodies give land to anyone who owns a company and the desire to get on the land to build housing units and then these companies that have no financial efficiency to demonstrate the land to investors who have the financial competence to sell or offer participation because they have obtained that land And if he does not find a specific time period of the agreement with him creates a problem in the designs to extend the time period. 

At the moment serious investors do not find land suitable for investment because the land allocated to these companies from my point of view should form a high committee on designs in the Secretariat to resolve this phenomenon of investment idle. 

Now what has been done to improve the investment environment? 
One of the requirements of the success of the investment environment in Iraq is that the state guarantees the rights of the investor whether his money or security situation and then work to make way for private banks to provide the facilities needed by the investor because the requirement of investors provide a stable banks able to meet the requirements in the deposit and withdrawal and transfer of funds and there are some Constraints in this aspect need to be reviewed and modified instructions. 

The need for Iraq to invest beyond all perceptions so it is necessary to work to overcome all challenges in the requirements of encouragement required to attract investment, and Islamic banks have the legal outlet and full readiness to work successful partnerships contribute to the implementation of sustainable development programs. 

It may be obvious that the housing complex is one of the most important pillars of revitalizing the market to move it to productive and service sectors and provide job opportunities for the unemployed and thus achieve a nominal goal that the government seeks to achieve. 

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Lost city of Alexander the Great found in Iraq


Jack Malvern

September 25 2017, 12:01am, The Times

Declassified spy photography revealed the outlines of the city, where Greek artefacts were found. Alexander the Great is believed to have founded it in 331
Declassified spy photography revealed the outlines of the city, where Greek artefacts were found. Alexander the Great is believed to have founded it in 331
In what may sound like an extraordinary act of carelessness, a city thought to have been founded by Alexander the Great was lost for more than 2,000 years.
Alexander the Great, as played by Colin Farrell in 2004
Alexander the Great, as played by Colin Farrell in 2004JAAP BUITENDIJK/WARNER BROS

Qalatga Darband, a fortified settlement in northern Iraq with a thriving wine trade, went unrecorded by history until its remains were discovered by archaeologists at the British Museum with the aid of drones.

Archaeologists stumbled across the lost city while poring over declassified spy satellite photographs taken by the American government for military purposes in the 1960s but made public only in 1996.

An archaeological dig was out of the question when Saddam Hussein controlled Iraq and this remained the case after the US-led invasion in 2003, but improved security prompted the British Museum to explore the site as a way of training Iraqis who will be asked to rescue sites damaged by Islamic State.

John MacGinnis, the archaeologist in charge of the government-funded Iraq Emergency Heritage Management Training Programme, said that the trainees had helped to establish for the first time that there was a city that could be dated to the first and second centuries BC.

The city was built on the likely route that Alexander of Macedon took in 331 BC as he was pursuing Darius III of Persia, whom he had defeated in battle at Gaugamela.

Statues of Greco-Roman deities and terracotta roof tiles show a strong Greek influence, indicating that its early residents were Alexander’s subjects and those of his successor.

methode%2Ftimes%2Fprod%2Fweb%2Fbin%2Fac6

The team confirmed the location of the buried city by flying a drone equipped with a camera. When images were processed to exaggerate contrasts in colour the team found outlines of a large rectangular building hidden beneath fields of wheat and barley.

“The drone yielded excellent information,” Dr MacGinnis said. “We got coverage of all the site using the drone in the spring — analysing crop marks hasn’t been done at all in Mesopotamian archaeology.

“Where there are walls underground the wheat and barley don’t grow so well, so there are colour differences in the crop growth.”

The first suggestion that there was a city at the site emerged three years ago but its size, density and complexity were unsuspected. Other big buildings have been detected along with a fortified wall and stone presses suitable for wine production.

“It’s early days, but we think it would have been a bustling city on a road from Iraq to Iran. You can imagine people supplying wine to soldiers passing through.”

The team returned to the site this week to make further discoveries. “What we would like to have is language evidence,” Dr MacGinnis said.

Greek artefacts, including coins and statues, have been found at the site
Greek artefacts, including coins and statues, have been found at the siteBRITISH MUSEUMBRITISH MUSEUM

The most intact evidence is a pair of statues. One depicts a seated female figure who may be Persephone, the Greek goddess of vegetation and wife of Hades, god of the underworld. The other is a nude that could be Adonis, a divine symbol of fertility.

The scheme was set up in 2015 with £3 million of government funding to help Iraq get ready to deal with the destruction of sites such as Nineveh, Nimrud and Hatra by Islamic State.

https://www.thetimes.co.uk/edition/news/lost-city-of-alexander-the-great-found-in-iraq-pw6g2dtvj

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1 hour ago, DinarThug said:

 

The World Bank calls on Baghdad to rebuild the social contract and manage oil wealth fairly

The World Bank stressed that the restoration of trust between the Iraqi state and its citizens is highly dependent on demonstrating its ability to provide security, jobs and economic growth for all Iraqis, especially the poor and the weak. The results of the discussions and comments gathered during the consultations will be taken to review the final document of the Strategic Partnership Framework Of the Iraqi government's development plan in the country and will be presented to the board of directors of its group for approval later this year.

On the other hand, an economist said he was not optimistic that the Iraqi government would benefit from these recommendations and recommendations. He pointed out that not only international organizations advise the government to pay attention to economic development and diversification, increase employment opportunities and support system" rel="">support the private sector. Pointing out the need to establish a specialized economic team that includes the government, the private sector or civil society organizations to apply the advice and strategies, and its decision is binding on all.

The World Bank Group concluded a series of consultations with various stakeholder groups on the New Strategic Partnership Framework for Iraq for the period 2018-2022, which outlines the key development objectives of the World Bank Group, The World Bank Group aims to assist Iraq in its implementation, which proposes a strategic intervention program for this purpose. The consultations, which began on 16 September, included several meetings with government officials, members of the Council of Representatives, representatives of the private sector, civil society organizations and the Acad Community "The consultations have shown a high level of interest and participation by the Iraqi public at large on issues related to the future of Iraq, challenges facing the country and opportunities for development at stake," he said.

The statement pointed out that these direct sessions preceded the first phase of online consultations on the channels of social communication (from 7 to 13 September). These online consultations allowed the World Bank Group to reach nearly 1 million Iraqis from various groups and bodies across the country, including from Mosul and other liberated areas. The number of responses to online surveys has more than 200,000 comments. " 

"The results of the discussions and comments gathered during these consultations will be reviewed in the final document of the Strategic Partnership Framework, which will be presented to the World Bank Group for approval later this year," the statement said, noting that " Of the Iraqi government's development plan in the country, and is in line with its reconstruction and recovery program. "

"The strategic partnership framework is based on the findings of the World Bank's systematic diagnostic report for Iraq, which set three priorities for moving forward in eradicating poverty and promoting common prosperity: re-establishing security, rebuilding the social contract and the legitimacy of the state, Oil wealth management in a fair and sustainable manner. 

Therefore, in line with the priorities of the country's systematic diagnostic report, the objective of the Strategic Partnership Framework is to focus on assisting the Government of Iraq to benefit from the liberalization of areas controlled by a supportive organization and recovery Slow in oil prices to rebuild trust with the citizens to build, through the implementation of economic and administrative reforms critical, and the provision of basic services efficiently and fairly, and to ensure inclusiveness and sustainability of the recovery and reconstruction efforts. "

"The World Bank Group will seek to support system" rel="">support the Iraqi government in designing and implementing response mechanisms based on rigorous economic analysis, mobilizing best practices in recovery and reconstruction planning, and benefiting from sustained international support system" rel="">support. The statement quotes the World Bank's Mashreq Regional Director, Saroj Kumar Jah, said, "Despite the enormous devastation caused by the recent conflict, Iraq now has a unique opportunity to rise again after the restoration of Mosul. There is a lot to do. It is imperative for Iraqis to persevere and move forward in order to secure a better future for all. Through this strategic partnership framework, the World Bank Group is ready to support system" rel="">support Iraq in its long journey towards long-term reconstruction and long-term development that benefits all. "

He believes that "restoring trust between the state and its citizens is highly dependent on the Iraqi government's ability to provide security, jobs and economic growth for all Iraqis, especially the poor and the weak, and the millions of internally displaced people affected by the war and their host communities." 

On the sidelines of a consultation session, Acting Deputy Finance Minister Maher Johan said: "Everyone has an opportunity to play an important role in Iraq's economic, social and infrastructure reconstruction." The World Bank is a key partner of the Government of Iraq in its efforts to mitigate Of poverty, and the programs and projects that support system" rel="">support them are fully in line with the Government's development vision and the work of other international organizations. "

On the other hand, expert Amer Jawahery said in an interview with "(to the extent) not only organizations that advise the Iraqi government to take care of the development and diversification of the economy and increase employment opportunities and support system" rel="">support the private sector, because the Iraqi government itself understands that it should be interested in this aspect: but its problem is the will is not The question of the World Bank's advice on employment does not mean that the government is employed; it means that the government supports private sector enterprises, executes major projects and supports the establishment of microenterprises and is supposed to take effective action. Jobs, but the problem is p M there is an attempt to develop and support system" rel="">support the private sector.

Al-Jawahiri asserts that there is a lot of talk about projects, and there are many calls, suggestions and recommendations from the international organizations of the government, but there is a deficit and a gap between the strategies and the recommendations and the implementation. There is no honest party concerned with implementation. Here we have to be like the great countries that built themselves after the Second World War. A team that leads the economic file and this must be in Iraq also and that the decisions issued by the implementation of the inevitable and ensures all those concerned with the economy, whether government or private sector or civil society.

The latest report prepared by the World Bank is certainly in coordination with the Council of Ministers ministries, the private sector and civil society organizations, but there were many strategies and advice provided during the previous period and for a period of eight years why not implemented so far, but the advice It is not obligatory, but it is assumed by the government and all those responsible for the economic file of the country the duty of developing and revitalizing the economy, and as the current government has adopted reforms and has been thwarted by terrorism, but all these challenges must be an incentive to build self and meet the challenge and benefit from advice and advice, World Bank or other international financial organizations that have provided earlier in all the advice and assistance so say that there is a moral and psychological commitment in exchange for building a country and people wearied.

http://almadapaper.net/ar/news.....8%B9%D9%82

 

The World Bank calls on Baghdad to rebuild the social contract and manage oil wealth fairly

The World Bank stressed that the restoration of trust between the Iraqi state and its citizens is highly dependent on demonstrating its ability to provide security, jobs and economic growth for all Iraqis, especially the poor and the weak. The results of the discussions and comments gathered during the consultations will be taken to review the final document of the Strategic Partnership Framework Of the Iraqi government's development plan in the country and will be presented to the board of directors of its group for approval later this year.

On the other hand, an economist said he was not optimistic that the Iraqi government would benefit from these recommendations and recommendations. He pointed out that not only international organizations advise the government to pay attention to economic development and diversification, increase employment opportunities and support system" rel="">support the private sector. Pointing out the need to establish a specialized economic team that includes the government, the private sector or civil society organizations to apply the advice and strategies, and its decision is binding on all.

The World Bank Group concluded a series of consultations with various stakeholder groups on the New Strategic Partnership Framework for Iraq for the period 2018-2022, which outlines the key development objectives of the World Bank Group, The World Bank Group aims to assist Iraq in its implementation, which proposes a strategic intervention program for this purpose. The consultations, which began on 16 September, included several meetings with government officials, members of the Council of Representatives, representatives of the private sector, civil society organizations and the Acad Community "The consultations have shown a high level of interest and participation by the Iraqi public at large on issues related to the future of Iraq, challenges facing the country and opportunities for development at stake," he said.

The statement pointed out that these direct sessions preceded the first phase of online consultations on the channels of social communication (from 7 to 13 September). These online consultations allowed the World Bank Group to reach nearly 1 million Iraqis from various groups and bodies across the country, including from Mosul and other liberated areas. The number of responses to online surveys has more than 200,000 comments. " 

"The results of the discussions and comments gathered during these consultations will be reviewed in the final document of the Strategic Partnership Framework, which will be presented to the World Bank Group for approval later this year," the statement said, noting that " Of the Iraqi government's development plan in the country, and is in line with its reconstruction and recovery program. "

"The strategic partnership framework is based on the findings of the World Bank's systematic diagnostic report for Iraq, which set three priorities for moving forward in eradicating poverty and promoting common prosperity: re-establishing security, rebuilding the social contract and the legitimacy of the state, Oil wealth management in a fair and sustainable manner. 

Therefore, in line with the priorities of the country's systematic diagnostic report, the objective of the Strategic Partnership Framework is to focus on assisting the Government of Iraq to benefit from the liberalization of areas controlled by a supportive organization and recovery Slow in oil prices to rebuild trust with the citizens to build, through the implementation of economic and administrative reforms critical, and the provision of basic services efficiently and fairly, and to ensure inclusiveness and sustainability of the recovery and reconstruction efforts. "

"The World Bank Group will seek to support system" rel="">support the Iraqi government in designing and implementing response mechanisms based on rigorous economic analysis, mobilizing best practices in recovery and reconstruction planning, and benefiting from sustained international support system" rel="">support. The statement quotes the World Bank's Mashreq Regional Director, Saroj Kumar Jah, said, "Despite the enormous devastation caused by the recent conflict, Iraq now has a unique opportunity to rise again after the restoration of Mosul. There is a lot to do. It is imperative for Iraqis to persevere and move forward in order to secure a better future for all. Through this strategic partnership framework, the World Bank Group is ready to support system" rel="">support Iraq in its long journey towards long-term reconstruction and long-term development that benefits all. "

He believes that "restoring trust between the state and its citizens is highly dependent on the Iraqi government's ability to provide security, jobs and economic growth for all Iraqis, especially the poor and the weak, and the millions of internally displaced people affected by the war and their host communities." 

On the sidelines of a consultation session, Acting Deputy Finance Minister Maher Johan said: "Everyone has an opportunity to play an important role in Iraq's economic, social and infrastructure reconstruction." The World Bank is a key partner of the Government of Iraq in its efforts to mitigate Of poverty, and the programs and projects that support system" rel="">supportthem are fully in line with the Government's development vision and the work of other international organizations. "

On the other hand, expert Amer Jawahery said in an interview with "(to the extent) not only organizations that advise the Iraqi government to take care of the development and diversification of the economy and increase employment opportunities and support system" rel="">support the private sector, because the Iraqi government itself understands that it should be interested in this aspect: but its problem is the will is not The question of the World Bank's advice on employment does not mean that the government is employed; it means that the government supports private sector enterprises, executes major projects and supports the establishment of microenterprises and is supposed to take effective action. Jobs, but the problem is p M there is an attempt to develop and support system" rel="">support the private sector.

Al-Jawahiri asserts that there is a lot of talk about projects, and there are many calls, suggestions and recommendations from the international organizations of the government, but there is a deficit and a gap between the strategies and the recommendations and the implementation. There is no honest party concerned with implementation. Here we have to be like the great countries that built themselves after the Second World War. A team that leads the economic file and this must be in Iraq also and that the decisions issued by the implementation of the inevitable and ensures all those concerned with the economy, whether government or private sector or civil society.

The latest report prepared by the World Bank is certainly in coordination with the Council of Ministers ministries, the private sector and civil society organizations, but there were many strategies and advice provided during the previous period and for a period of eight years why not implemented so far, but the advice It is not obligatory, but it is assumed by the government and all those responsible for the economic file of the country the duty of developing and revitalizing the economy, and as the current government has adopted reforms and has been thwarted by terrorism, but all these challenges must be an incentive to build self and meet the challenge and benefit from advice and advice, World Bank or other international financial organizations that have provided earlier in all the advice and assistance so say that there is a moral and psychological commitment in exchange for building a country and people wearied.

http://almadapaper.net/ar/news.....8%B9%D9%82

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30 minutes ago, DinarThug said:

 

Lost city of Alexander the Great found in Iraq


Jack Malvern

September 25 2017, 12:01am, The Times

Declassified spy photography revealed the outlines of the city, where Greek artefacts were found. Alexander the Great is believed to have founded it in 331
Declassified spy photography revealed the outlines of the city, where Greek artefacts were found. Alexander the Great is believed to have founded it in 331
In what may sound like an extraordinary act of carelessness, a city thought to have been founded by Alexander the Great was lost for more than 2,000 years.
Alexander the Great, as played by Colin Farrell in 2004
Alexander the Great, as played by Colin Farrell in 2004JAAP BUITENDIJK/WARNER BROS

Qalatga Darband, a fortified settlement in northern Iraq with a thriving wine trade, went unrecorded by history until its remains were discovered by archaeologists at the British Museum with the aid of drones.

Archaeologists stumbled across the lost city while poring over declassified spy satellite photographs taken by the American government for military purposes in the 1960s but made public only in 1996.

An archaeological dig was out of the question when Saddam Hussein controlled Iraq and this remained the case after the US-led invasion in 2003, but improved security prompted the British Museum to explore the site as a way of training Iraqis who will be asked to rescue sites damaged by Islamic State.

John MacGinnis, the archaeologist in charge of the government-funded Iraq Emergency Heritage Management Training Programme, said that the trainees had helped to establish for the first time that there was a city that could be dated to the first and second centuries BC.

The city was built on the likely route that Alexander of Macedon took in 331 BC as he was pursuing Darius III of Persia, whom he had defeated in battle at Gaugamela.

Statues of Greco-Roman deities and terracotta roof tiles show a strong Greek influence, indicating that its early residents were Alexander’s subjects and those of his successor.

methode%2Ftimes%2Fprod%2Fweb%2Fbin%2Fac6

The team confirmed the location of the buried city by flying a drone equipped with a camera. When images were processed to exaggerate contrasts in colour the team found outlines of a large rectangular building hidden beneath fields of wheat and barley.

“The drone yielded excellent information,” Dr MacGinnis said. “We got coverage of all the site using the drone in the spring — analysing crop marks hasn’t been done at all in Mesopotamian archaeology.

“Where there are walls underground the wheat and barley don’t grow so well, so there are colour differences in the crop growth.”

The first suggestion that there was a city at the site emerged three years ago but its size, density and complexity were unsuspected. Other big buildings have been detected along with a fortified wall and stone presses suitable for wine production.

“It’s early days, but we think it would have been a bustling city on a road from Iraq to Iran. You can imagine people supplying wine to soldiers passing through.”

The team returned to the site this week to make further discoveries. “What we would like to have is language evidence,” Dr MacGinnis said.

Greek artefacts, including coins and statues, have been found at the site
Greek artefacts, including coins and statues, have been found at the siteBRITISH MUSEUMBRITISH MUSEUM

The most intact evidence is a pair of statues. One depicts a seated female figure who may be Persephone, the Greek goddess of vegetation and wife of Hades, god of the underworld. The other is a nude that could be Adonis, a divine symbol of fertility.

The scheme was set up in 2015 with £3 million of government funding to help Iraq get ready to deal with the destruction of sites such as Nineveh, Nimrud and Hatra by Islamic State.

https://www.thetimes.co.uk/edition/news/lost-city-of-alexander-the-great-found-in-iraq-pw6g2dtvj

 

As an Anthropologist ( in my younger days ) - THIS IS A WONDERFUL DISCOVERY ! MAGNIFICENT FIND DT - THANX  :tiphat: 

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5 hours ago, DinarThug said:

Once the sources of foreign exchange (dollar in our case) are affected, the budget will be affected, public spending will be affected, activity, employment and business will be reduced. All negative indicators will show a drop in incomes, an increase in debt, a decline in monetary reserves and high unemployment. With the economic philosophy that will not benefit the procedures and reforms within them unless the equation changes towards the liberalization of the economy from the concept of foreign exchange and provide a currency for the budget, to launch the real sectors that make their currency, including foreign pieces , And wealth, including budget funds through the diversity of sources.

 

All above are from Adel Abdul Mahdi 

former of Oil Minster 
former of  vice president of iraq 
former of ministry of finance 
now supreme islamic iraqi council

 

Looks good man credible and trustworthy...so how about today or tomorrow :lol::):D

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14 hours ago, DinarThug said:

Lost city of Alexander the Great found in Iraq
Jack Malvern

September 25 2017, 12:01am, The Times

 

Find the missing city of Dhul Qarnain in northern Iraq

Release date: 2017/9/25 9:23 • 
Find the missing city of Dhul Qarnain in northern Iraq<br /><br />

[Ayna - follow-up] 


revealed the British newspaper The Times of finding the city of Alexander the Great lost "in northern Iraq.

The newspaper published an article by Jack Malvern saying that archaeologists at the British Museum were able to help unmanned aircraft find the city of Calatrava Darband, which is located in northern Iraq and dates back to the era of Alexander the Great and was a city full of wine trade. 
Malvern says archaeologists have found the missing city as they examine satellite images taken by the US government for military reasons in the 1960s and were secret for security reasons and were kept secret in 1996. 
The newspaper adds that an archaeological exploration under Saddam Hussein was impossible, And the security situation under him during the US invasion of Iraq. 
Archaeologists say he believes the city was built while Alexander the Great was on his way to Persia to fight the forces of Darius III in 331 BC.
Archaeological finds, similar to Greek goddesses, show that the city was built by the followers of Alexander the Great. 
Alexander the Great, Alexander the Great, Alexander the Great, Alexandre Zul Qarnain, is one of the Greek kings of Macedonia and one of the most famous military commanders and conquerors throughout history. Alexander was born in the city of Pila around 356 BC, and was educated by the philosopher and world famous Aristotle until he reached the sixteenth century. 
By the end of his thirtieth year, he had established one of the greatest and greatest empires of the ancient world, stretching from the coasts of the Ionian Sea westward to the Himalayas in the east, and one of the most successful military leaders of their career, never having been defeated in any battle at all .
It is noteworthy that the scholars of history and interpretations call Alexander the Great [Macedonian] in the two centuries and the reason for this designation because it received the maximum land in Morocco and the largest in the East. 
The Qur'an tells us that a people who sought refuge in the two horns of Gog and Magog who annoyed them and asked him to convert between them and build a dam for them. This was only between bridging the mountains, ie defensive walls and not a dam, after iron and copper melted, Verses 83-98.

http://www.alliraqnews.com/modules/news/article.php?storyid=66342

  

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3 hours ago, DinarThug said:
 

http://www.almaalomah.com/2017.....25/238696/

American contractors do not want to pay taxes and accuse Iraq of extortion


16:50 - 25/09/2017
 
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The US military contractors working in Iraq accuse Baghdad of using strong tactics to make them pay a heavy tax on income, a practice Trump's administration has warned against obstructing the fight against gangs that support system" rel="">support terrorism.

"The contractors complain that the taxes imposed on them are random and can reach millions of dollars and the Iraqi government is hampered and even threatened to stop the delivery of basic supplies such as food, fuel and water to US forces and coalition forces according to, according to the Associated Press. Documents and interviews obtained by the US agency. "

"Officials in the Iraqi government refused to issue or delay the delivery of work visas to employees of companies that do not hand over money," he said. 
A senior executive of a US company supporting US forces in Iraq, who asked not to be identified, said contractors' vehicles were being stopped at many checkpoints and asked to provide documentation proving they had paid taxes and prove the company had received an extension from the Iraqi tax committee.

"Iraqis usually calculate tax invoices on the basis of the total value of the contract first, then deduct 20 percent of them and estimate that the total profits of the company will be this number or that, which leads to the imposition of taxes with a large and inaccurate value may reach 20 million dollars," he said. That "the goal of that figure is large to get the company's consent to pay less, but still significant for Iraqi officials."

"The US tax authorities in Iraq are not exempt from taxes and the tax rate in Iraq is much lower than in other Middle East countries," said Najah Abbas Habib, director general of Iraq's tax department.

"Many foreign companies operate in Iraq without paying any taxes at all," she said.

The report continued that "the administration of President Donald Trump did not face the Iraqi government in this regard because the document signed between the Iraqi government under the Obama administration in 2014 provided for the protection of US government employees and not contractors of Iraqi law."

"The US embassy in Baghdad is routinely involved with the Iraqi government to ensure fair treatment of American contractors operating in Iraq, but it is always important for US companies to follow local laws that include paying taxes," said US Secretary of State Rex Tillerson.

Sounds like they are trying to make the CIA cough up some money. Most contractors go through them first.

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5 hours ago, davis411 said:

I thought I did

not working to well right now

so I keep 2 hands on my trowel 

and on my dong

hope to cash out soon

 

Life's a Balancing act even at the best of time - comes at you hard and fast . . . sometimes you don't even see the stitches on that Fast Ball as it goes flying by - then lookout !

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