Iraq Wants $88 Billion For Rebuilding. Allies Offer A Fraction Of That !

[Floridian]

Beautiful!

It's certainly incredible, but it has taken many years to do.

[DinarThug]

The Dollar Falls to its Lowest Level since 2014

Economie

 Since 2018-02-16 at 14:29 (Baghdad time)

Mawazine News - Follow up

The dollar fell to a three-year low against a basket of currencies on Friday, heading for its biggest weekly loss in two years.

The US currency has been hurt by several factors this year, including concerns that Washington may pursue a dollar-weakening strategy and erode its yield advantage as other countries gradually move back from monetary easing.

In continuation of the previous day's losses, the index fell against a basket of 6 major currencies to 88.253, the lowest since December 2014.

The index is heading for a loss of up to 2 percent this week, the biggest decline since February 2016, according to Reuters.

The dollar fell to 105.545 yen in Asian trading, a 15-month low.

The US currency is heading for a weekly loss of about 3 percent.

The euro jumped to a three-year high of $ 1.2556 and is up 2.4 percent this week. Ending 29/34

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[Synopsis]

56 minutes ago, DinarThug said:

However - I Know That The Peeps On This Board Have Got My Back And U Can’t Ever Keep An Insane Clown Down !

 

50 minutes ago, CaptainBVI said:

Got your back? There's the understatement of the year.

 

Count Me In! 

 

The Best Of Your Weekends To You, Mr. DinarThug And Mr. CaptainBVI!!! 

 

Go Moola Nova!

[CaptainBVI]

1 minute ago, Synopsis said:

 

 

Count Me In! 

 

The Best Of Your Weekends To You, Mr. DinarThug And Mr. CaptainBVI!!! 

 

Go Moola Nova!

And to you as well, Sir.

[DinarThug]

LINK

Report: Iraq is an attractive investment destination globally

 

14th February, 2018

Thanks to its strategic location at the entrance to Europe, and as a link between the economies of Asia, the Middle East and Africa, Iraq has a huge spatial advantage as a country with opportunities not yet exploited. Iraq benefits from a large natural wealth in the form of vast reserves of natural resources.

Having suffered the severe blows of the Gulf War first and the conflict with the organization of the Islamic state recently "urged", Iraq began to shake dust and rise from the brink of destruction by setting a strategy for reconstruction, allowing the country to return to the ranks of the great regional powers.

While the important opportunity of rebuilding the country is enormous and unique, both investors and companies need business analytics to understand the right way to enter the market, the most lucrative business model and employment opportunities.

As Iraq has the largest oil reserves in the world, this fact makes it a very attractive business opportunity. With the country also focusing on diversification initiatives, opportunities are clearly emerging in sectors such as construction, infrastructure, healthcare, transportation, energy and telecommunications, which are high priority sectors.

The recent Frost & Sullivan report, "Assessing Opportunities in Various Industrial Sectors in Iraq," provides an overview of the status of these high priority sectors, as well as a summary of possible opportunities. For more information on this analysis, please click here, or contact us at achandhoke@frost.com.

"With the end of the war with Saddam Hussein, Iraq will embark on a process of reconstruction and economic recovery, which will require sustainable investments worth more than US $ 900 billion over the next decade," said Ali Mirmoud, senior advisor to Frost & Sullivan. Iraq intends to focus on the various stages of the value chain in the refining of crude oil, processing and purification of natural gas, in addition to the minerals, construction, infrastructure, health care, energy, tourism and financial services, to increase the rate of GDP growth by 10 per cent over the next ten years.

The sectors are in a state of severe chaos following the war with the Da'ash organization and will require massive redevelopment and new investments.

"The country needs foreign direct investment of more than US $ 30 billion annually to achieve its reform and stabilization objectives over the next 10 years. With more than 39,000 people in the country, Iraq remains a very attractive consumer market, with more than $ 40 billion in potential. "

[DinarThug]

Iran contributed establishing ISIS: intelligence reports

February 15 2018 02:43 PM

Dan Coats

 
Iranian regime has contributed to the establishment of ISIS terror group, National Intelligence Agency revealed. 

Addressing a meeting of the Congress' intelligence committee, NIA Director, Dan Coats confirmed the Mullah's regime had established ISIS to achieve its expansionist ideology. 

He said that Iranian intervention in Iraqi affairs created political, economic and social crises that helped create ISIS. 

In the same context, analysts have confirmed that the Mullahs are the real fathers of the terror group. 

ISIS captured large swathes of Iraq and Syria in mid-2014. 

But a military campaign launched by the US-led international coalition and Iraqi forces ousted ISIS from Iraq. 

Despite PM Haider Abadi's declaration of liberation in December 2017, US officials warn the decisive defeat of ISIS has yet be achieved. 

Analysts confirm that Khamenei and his fellow extremists must be tried over financing and supporting terrorism. 

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[DinarThug]

LOOK

COMMITTEE OF ACCOUNTABILITY: ANNOUNCE THE NAMES OF 5,000 PEOPLE INCLUDED IN THE SEIZURE OF FUNDS THIS WEEK

 

16th February, 2018
The Commission on Reconciliation, Accountability and Justice in the House of Representatives, that next week will see the announcement of the names of about 5,000 people included in the seizure of funds.

The head of the committee Hisham al-Suhail told the news agency, "The Supreme Commission for Accountability and Justice ended the names of all those involved in the seizure of funds," noting that there is some delay from the Secretariat General of the Council of Ministers not to form a special committee, calling for the urgency of issuing instructions and the formation of the Committee through an approach The competent ministries shall designate the general directors who shall form the committee.

Al-Suhail, who is covered by the decision to hold the money, estimated about 5,000 persons, while the names of tens of thousands will be issued and they can be disposed of afterwards.

Edited February 16, 2018 by DinarThug

[DinarThug]

 

LINK

The hate speech is raging in Iraq as the election campaign begins

16th February, 2018

With the start of the election campaign in Iraq , it seems that the rhetoric of incitement and hatred is beginning to make its way through the platforms of the political and partisan blocs , which strike at the tide of violence and sectarianism, as a single means to reach their goal, which threatens the Iraqi society to strike at the core, Speeches.

 

The leader of the Iraqi civil movement , Saad al-Rubaie, told the "New Arab" that "the campaign launched by some parties and political parties, especially in southern Iraq, warns of serious dangers to peaceful living in the country," noting that "platforms have become platforms for incitement Spreading hatred and sectarianism in society, and not accepting others. "

Al-Rubaie explained that "most political parties do not find their purpose except through sectarian incitement," adding that "these platforms broadcast hate speech every day and spread the poison of hatred within society, which requires a government and parliamentary position, putting an end to these speeches."

In this regard, the leader of the Iraqi civil movement that "the head of a coalition of state law, Nuri al-Maliki, and members of his coalition, as well as the militias , are among the most striking sectarian strife, which focuses in their speeches on the spread of hatred among the people "Pointing out that" these letters are rejected by many of the people of the south, but at the same time convince those who do not have the culture and political awareness. "

Iraqi officials have demanded legislation that would prohibit the use of sectarian incitement, either through direct statements or insinuation, during election campaigns, and punish anyone who urges it.

The leader of the "Alliance of Iraqi Forces," Fadhel Lahibi, the "new Arab", that "the three presidencies must bear responsibility for the rhetoric of incitement and violence, which is escalating to achieve electoral gains," recalling that "the political conflict raging on the upcoming elections, Some parties are preparing the weapon of incitement from the strongest electoral weapons, so they resorted to it early, and strongly. 

He called for the "enactment of a law that prevents and punishes any person or political entity that urges violence and sectarianism in the country, at any time, whether during the elections or otherwise," stressing the importance of standing in the face of these bodies, which are the promoters of sedition and violence in Iraq "He said. 

And surprised by the legal, the silence of the judiciary on these bodies and rhetoric of sectarian incitement, knowing that Iraqi law holds them accountable for terrorism.

"The Iraqi law is clear in dealing with this type of rhetoric," said legal expert Bilal al-Amidi. "He said.

Al-Amidi confirmed that "these bodies are condemned by law, and there are documented records condemning them," surprising the "silence of the Iraqi judiciary towards them, and ignore the application of the law towards them."

The era of ruling parties in power in Iraq since 2003 has proved that sectarianism in the country is an important weapon on which some parties depend to ensure their survival in power, which leads them to constantly fuel sectarianism

[DinarThug]

Forming a committee to monitor projects from the Iraq reconstruction conference

17/2/2018 12:00 am 

 

Baghdad / Al-Sabah 

The Integrity Commission and the Financial Control Bureau set up a high-level committee to monitor the disbursement mechanism and loans provided at the Kuwait International Conference for the Reconstruction of Iraq. 

The Integrity Commission, in a statement received by Al-Sabah, said that "the heads of the Integrity Commission, Hassan al-Yasiri, and the Financial Control Bureau, Salah Nuri, agreed during their meeting at the headquarters of the Commission to form a high-level committee of the two parties entrusted with overseeing the legality of the decisions and contracting procedures of the projects Grants and loans allocated to Iraq at the Kuwait Conference for the reconstruction of Iraq, which concluded its work Wednesday". 

The two sides, who decided during the meeting, "the tasks and duties that will be entrusted to the committee, as well as the terms of reference of its members and the guidelines by which it will work," stressed the "need to provide the requirements of the success of the work of the Commission, and provide them with the required support; to succeed in the performance of the tasks entrusted to it, That «other details of the composition of the Committee will be announced later». 

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[DinarThug]

International companies looking to implement major projects

17/2/2018 12:00 am 

 

After Iraq won international confidence 

Baghdad / Al-Sabah 

The process of transformation in the Iraqi economy is proceeding at an accelerated pace, after the country has gained international confidence and the major international companies are racing to gain a foothold in the Iraqi labor market. It is good to stop at once and consider the next steps to be taken in Iraq. Could be undertaken by the private sector. 

Of course, that shift begins with many areas of infrastructure, especially electric power, as it is the basis on which modern Iraq will be built. The provision of electrical energy and the work of its durability and reliability, to ensure delivery to every Iraqi citizen, is a basic human and important for the social and economic development in the country. 

Quality projects 

"The Kuwait conference represents the acquisition of Iraq's international confidence and the evolving global effort, which makes Iraq to accept the global companies that have the ability to implement quality projects in dire need of them," said Musab al-Khatib, CEO of Siemens in Iraq. 
"The electricity sector is at the center of development and the foundation for economic development. Through a series of integrated strategies in the short, medium and long term, it is possible to ensure a rapid and smooth transition to a stable and enhanced energy grid by halting the growing gap between demand and energy," he said. . 

Power generation 

According to a study of the reality of the rates of demand for electricity in Iraq, the growth rate is almost 6 percent per year, which means the need to increase the generation of electricity at the rate of 1,500 megawatts an additional year .. Here it is necessary to meet this growing demand for energy quickly to stop the growing gap between levels of demand and Available from electric power. 
"The current infrastructure of the electrical system in Iraq will be a major contributor to increasing the production of electric power in the future in the short and medium term, as there are promising possibilities to build a set of temporary mobile power stations, which can be implemented within months, At the same time to rehabilitate existing power plants, thereby contributing to the restoration of a large capacity to generate power in areas that need the most " 

International companies 
A member of the Baghdad Economic Forum Jassem al-Aradi said in an interview for "morning" "the importance of the advancement of the electricity sector, because it is an active participant in the process of economic development sought by the Iraqi participation with international companies specialized and expressed their desire to enter the Iraqi market and work in liberated areas and various investment." 
He pointed out that "Iraq can employ free natural gas and associated investment to cover the requirements of energy and industry in general and the export of surplus, and thus can move the national economy in cooperation with major specialized companies." 

Sustainable energy 
"It is important to take education and training into account," Khatib said. "We do not believe that a sustainable energy state can be built by importing talent. Sustainable economic and social development is supported by a group of local talents with high skills and experience, It is not necessary that the skills we have today are what we need in five to ten years from now on". 
"The need to provide them with the skills they need in the future, to bridge the gap between the existing workforce through new technologies and cooperation frameworks at the academic level, and the private sector is responsible for transferring knowledge, expertise and technology to empower a new generation , And education and training is an integral part of Siemens' business in the Middle East in general and Iraq in particular " 

Hydrocarbon fortunes 
"There are many challenges, but we believe that the future promises a lot. There are enormous resources available to the Iraqi people, whether in the form of hydrocarbon wealth or outstanding talent, and we are sure that the Iraqi government is taking firm steps to combat corruption to ensure that the future economy On solid business and projects, and look forward to having our unique and effective role in a new and exciting chapter of 
March of the country ". 
"Iraq has valuable hydrocarbon assets, and if used efficiently, it will push for a new era of sustainable economic development. The energy sector will of course play a major role, as more efficient power generation will leave more resources 
For export, there are also large untapped potentials for associated gas or flare gas in constructive cooperation with the competent authorities (Ministry of Oil). 

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[DinarThug]

22 hours ago, DinarThug said:

Weekly Conference Prime Minister Summary Dr. Haider al - Abadi / February 15, 2018

 

-  During the past two days, the International Conference for the Reconstruction of Iraq was held in Kuwait and achieved great success in mobilizing the largest number of countries, financial institutions, companies and investors.

 

-  The number of attendees to the Conference on the reconstruction of Iraq in Kuwait was three times the expected number, and this is evidence of the confidence of the international community in Iraq and the Iraqi government and support system" rel="">support for us after the great victory achieved and the strength of Iraq and its new status.

 

-  Today's world has great confidence in Iraq and its future.

 

-  Despite the great problems left behind by previous policies and economic pressure, there is international confidence that Iraq is moving in the right direction and towards upgrading, and we must maintain this rise.

 

-  Unity of Iraq gave a great force to Iraq.

 

-  The world looks carefully at our steps in fighting corruption and reforms, and has confidence in our actions, and there are those who want to cover these reforms.

 

- Countries Atjaml, Iraq put at stake in the protectionmoney, and wekeen to reachmoney toprojects required, and we have several measures and will to Antba routine procedures but we have procedures overhabit to ensuremoney torequired Aamaralamdn and help citizens and liftinjusticetheir projects and to all joints Which have been damaged by terrorism.

 

- Allocations of the Iraq Reconstruction Conference, which included all the cities of Iraq from the south to the north, also included the provision of large employment opportunities.

 

-  Can not rely onsubjectdevelopment on volatile oil prices world todaymoving to alternative energy and weplanning this beforebankruptcycountry we do not want to be as theydone inpast becausereckless regimeformer policy, then terrorism, mismanagement and inflation disbursement.

 

-  It is unreasonable to spend huge amounts of money on Basra and so far has no potable water.

 

-  Our projects look at people's basic need and well-being.

 

-  money in our hands and we can do anything and we will put it in the right place, and others want to waste it.

 

-  The country's affairs have been difficult and we have not affected the lives of citizens despite the low oil prices and the difficult economic situation, and we have maintained the standard of living for citizens, while other countries collapsed due to the decline in oil prices.

 

-  Our mission is to provide a safe working environment and an environment conducive to investors.

 

-  I would like to thank the State of Kuwait for hosting the Iraq Reconstruction Conference and for all the countries and institutions in which it participated.

 

-  The Council of Ministers conducted an assessment of the results of the Iraq reconstruction conference in Kuwait and took several procedures and mechanisms to contract with the investment and financial institutions.

 

- Iraq is proud that it is a good break, but there are still serious challenges in the region and we will eliminate the thought of urging and complete the half.

 

-  Encourage dangerous terrorism can arise again, and we must ensure its elimination in the region, and for this we will attend the Munich Security Conference for coordination and exchange of intelligence.

 

-  We have taken measures to address the water scarcity, which is the subject of most countries, including Iraq.

 

- Our plan for the reconstruction of Iraq is ambitious, and Kuwait is not the only station.

 

-  All the countries of the world have problems in their budgets and some countries have changed their policies in this regard, and we know how to deal with the world.

 

-  Iraq is strong and begging no one, and if not take his chance now will take others.

 

-  Despite the many problems of the world, Iraq succeeded in attracting attention to it.

 

-  There is a vision of a global strategy is to stand with Iraq because it is a strong partner.

 

-  We are seeking to establish a railway network with the countries of the world to communicate with everyone.

 

-  We expected the money to be allocated to Iraq at the Kuwait conference was less than 30 billion.

 

-  Iraq is moving in the right direction.

 

-  Previously our greatest ambition was to keep terrorism away from our cities, but today Iraq is united and strong and represents a fantasy for the world.

 

- We were fighting very close to the borders of Baghdad, and today Iraq is strong and terrifying and dazzling the world.

 

-  After three or four years, Iraq will witness an economic move that surprises the world.

 

-  Beware that the security challenge is still in place and we have a lookout, and we fear those who provide the ground for terrorism.

 

-  Corruption is no less dangerous than terrorism and we will fight it together.

 

-  There waiting money to come to Iraq free to get the bulk them but we will not give them opportunity to distribute money and will not be donor countries and invested us and draw upon their experience in fight against corruption.

 

- Want to create a competition between the provinces to obtain financial facilities, and the province that does not encourage investment will find it difficult to develop .

 

- Focused on the issue of investment and development in the provinces of basic and did not neglect other provinces all the provinces of Iraq respected and we will support system" rel="">support them as needed and add an extra effort to help the provinces that suffer the most.

 

- Fighting corruption is the cornerstone, but not the traditional way, and we have stronger measures in fighting it, and we will put the corrupt in jail.

 

-  They are keen on the citizens of Kurdistan and we have close measures in their favor and in favor of their salaries.

 

-  We do not want an electoral gain and will not discriminate against the citizens of Kurdistan and we will be fair and will not be biased to any party in Kurdistan at the expense of other provinces.

 

-  What matters to us is the interest of the citizen and the interest of all citizens and we will be fair to all.

 

- There are those who want to stop the budget for political reasons, he was in the public had high votes on the budget of the region high, and today wants to deal secretly with some parties in Kurdistan to stop the balance of the argument is fraught.

 

- Budget delay game ask citizens to expose.

 

-  I do not see any justification to disrupt the budget and I hope that citizens will be punished by their vote to delay the interest of the country.

 

LINK  

 

 

6 hours ago, DinarThug said:

-  After three or four years, Iraq will witness an economic move that surprises the world.

 

(by don961)

Abadi: Iraq will surprise the world economic transition in years

17/2/2018 12:00 am 

 

Launch of the meetings of contracting with investment companies early March 

Baghdad / Al-Sabah 

Prime Minister Haidar al-Abadi said that the world today has great confidence in Iraq and its future, and that the allocations of the reconstruction conference will include all cities from the south to the north, revealing at the same time the launch of meetings with investment companies early March, pointing out that the world will be surprised Of the economic shift that will be witnessed by Iraq during the next four years, comes at a time when the Council of Ministers to grant allocations to the employees of the Border Crossing Authority, while also voted to modify the allocation of degrees of employment to the Ministry of Health from the medical specialties of graduates of medical and health professions. 

Abadi said in his weekly press conference on Thursday evening: "The number of attendance at the Conference on the reconstruction of Iraq was greater than expected three times and this is evidence of the confidence of the international community in Iraq and the Iraqi government and support for us after the great victory achieved and the strength of Iraq and its new status," noting that "Allocations of the reconstruction conference will include all governorates from the south to the north, and also include job creation big". 
He added that "the government is keen on the arrival of funds to the right projects and the reconstruction of cities and help citizens and raise the deficit from them," following that "billions of dollars spent in the past without an improvement in infrastructure and services," Prime Minister, "the launch of contracting sessions With investment companies early next month, "stressing that" our mission is to provide a safe working environment and environment conducive to investors. " 

Economic shift 
Abadi expressed his thanks to Kuwait, which "donated all the expenses of the donor conference," noting that "Iraq is moving in the right direction. Three years ago no one expected to arrive in a united Iraq today." He added that "the amount of grants amounted to 30 billion dollars, , And our expectations were much less, "adding that" any loans will not accept only within the limits of the Iraqi budget, "and explained that" Kuwait is not our only station, our plan for the reconstruction of Iraq ambitious, "and said:" After three or four years will see Iraq shift Economic surprise the world". 
"Corruption is no less dangerous than terrorism and we will fight them together. Combating corruption is the cornerstone, but not in the traditional way. We have stronger measures in fighting it and we will put corrupt people in prison," he said. "There are those who want to stop the budget for political reasons. And arguments are flimsy, and see no justification to disrupt the budget. " 

Session of the Council of Ministers 
In a statement to the Prime Minister's Information Office, the Council of Ministers presented a full presentation on the Iraq reconstruction conference held in Kuwait on Thursday, complementing the success achieved. The Council of Ministers has held meetings with ambassadors, "He pointed to" follow-up negotiations with international and national companies to start contracting with them on the investment opportunities announced during the month of March this year and provide facilities, and approved by the Council of Ministers. " 
The Cabinet discussed the issue of water scarcity to which many countries, including Iraq, are subjected and the measures taken by the government to address them. He also stressed "the vote on extending the maintenance of the Mosul Dam, reconstruction of the Baiji refinery, . 

Functional degrees of health 
The Cabinet also decided to grant allowances to the employees of the Border Crossing Authority, while also voting on the amendment of the instructions for additional hours for the staff of the Electoral Commission, in addition to the allocation of degrees to the Ministry of Health for the purpose of appointing graduates of medical specialties graduates of medical and health professions exclusively covered by the law of career For the academic year 2016-2017 ". 
In turn, the Ministry of Health announced that the Council of Ministers decided to authorize it to contract with graduates of medical and health professions covered by the law No. 6 of 2000 to work in its institutions. 
The Ministry of Health decided to authorize the Ministry of Health to contract with graduates of the medical and health professions who are covered by the Graduation Law No. 6 of 2000 to work in its institutions of 15000 with equal salaries and allowances, the ministry said in a statement received by al-Sabah. To their peers appointed to the permanent owners until the adoption of the budget law for 2018 and the allocation of grades necessary for appointment to permanent owners, "adding that" the Council of Ministers also decided to the Ministry of Finance to secure the amounts required to implement the above. " 

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[SupraRacer]

8 hours ago, DinarThug said:

However - I Know That The Peeps On This Board Have Got My Back And U Can’t Ever Keep An Insane Clown Down !  

 

Hey DT we're your Insane Clown Posse.  You keep doing what your doing, or what ever an Insane Clown does and we got covered.

 

SR

[DinarThug]

4 hours ago, SupraRacer said:

Hey DT we're your Insane Clown Posse.  You keep doing what your doing, or what ever an Insane Clown does and we got covered.

SR

 

Great ! Because It’s Game On - The Clown’s Throwing Down !  

 

 

After Years Of CNN’s Numerously Acclimated Contributions - I’m No Longer Putting Up With A Known DV Traiter Coward Who Hides Behind Hidden Editing Privileges To Continuously Sabotage My Posts For The Past Few Months After I (Believe It Or Not) Actually Very Tactfully Put Him In His Place After He Pathetically Attempted To Call Me Out Last Summer !  

 

And Btw - I Couldn’t Have Been More Proud Of The Amazing DV Nation’s Response A Few Months Ago As So Many Of U Incredibly Arose To The Clown’s Defense After That Completely Blindsided Senseless Attack !  

 

I Absolutely And Sincerely  Want To Thank All Of U For It !  

 

Fortunately I’ve Previously Brought This Situation To The Admin’s Attention And Fully Expect For This To Eventually Blow Over Even Though This Should Never Have Gotten To This Point !  

 

 

Oh - And Now Back To The News After That Bit Of Newshound Diva Drama ... Even Though U Mofo’s Probably Enjoyed Every Word Of It ...

 

     

 

 

Abadi: We will look for soft loans for periods and Iraq keen on the arrival of funds to the right projects (expanded)

Release date: 2018/2/15 20:37 • 95 times read

 

(Baghdad: Al Furat News) Prime Minister Haidar Abadi, the inspection of soft loans for long periods, while announced the launch of meetings with investment companies early next month. 

"Kuwait has donated all the expenses of the donor conference and they consider Iraq a strong and real strategic team," Abadi said at his weekly press conference. "Iraq is moving in the right direction. Three years ago no one expected to reach a united Iraq today." 

He added that "the amount of grants amounted to 30 billion dollars, which is a huge amount, and our expectations were much lower," noting that "any loan will accept only within the limits of the Iraqi budget, and everyone knows that in every country has an economic system and has determinants that it borrow within A certain extent". 

"Some countries are taking risks, but we are far below the required threshold. Every country has a strong national wealth that gathers all its imports and economic activity, and Iraq has a number within the global situation, but far below that figure at present." 

"We do not intend to go up very much, but we will look at soft loans for long periods and the low interest rates and their value may diminish over time," he said. "Today's loans are used to provide safe drinking water to citizens and some of the loans we use to provide electricity." 

He pointed out that "every loan is carefully studied and we have been offered a lot of loans and refused because it binds the country; but we look at loans aimed at development and increase employment opportunities and the escalation of economic payment of the country." 

The Prime Minister that "the number of attendance at the Conference on the reconstruction of Iraq, which was held in Kuwait recently was greater than expected three times," referring to "the launch of meetings with investment companies early next month." 

He added that "Iraq is keen on the arrival of funds to the right projects," noting that "billions of dollars spent without there is an improvement in infrastructure and services," pointing to "the launch of meetings with investment companies early next month." 

However, "the disruption of the budget in the House of Representatives is unjustified and hampered many of the government projects." 
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[crane]

The well fare Country of the WORLD,Iraq ,one  of the most corrupt countries in the World ,and they now want more money,who in there right mind would would give them anything more,??????????????? all the money given and what do they have to show for anything??????????????????????? Oil being pumped out of the ground at 4.7million Barrels, a day mind you ,any body want to do the math on that,???????????????? mind boggling <and that is not enough money to rebuild there Country?????????????????????? they want the whole World to feel sorry for them ,and think Boys and Girls ,?????our greed sucked us right into the game ,14 yrs for me ,but the bright side ,nobody going to give you money Iraq ,and this could be the straw that breaks the camels back ,let's hope so.

[DinarThug]

What happens after the Kuwait conference?

 Friday 16 February 2018

 

Hassan Hamid Sardah

 

A few days ago, the Iraqis were preoccupied with the donor conference hosted by Kuwait to rebuild the "bad guys", which has become a forum for ideas and accusations, until it came to the publication of a video showing a Kuwaiti man talking from inside his car for fear of his country's support. "How to hand over those donations to the government and deputy thieves stole their people's money," he shouted angrily. "Iraq is richer than Kuwait, and it has oil and agriculture," he said. I do not need it Donations ".
These questions were not far from the opinion of the majority of citizens, including the "poor slave", how a country like Iraq with its wealth under the ground and above to wait for "charity" leaders of countries and companies, which has spent on electricity alone since 2003, more than forty billion dollars and Is equivalent to an annual budget for four African countries, including Ethiopia, which approved a budget of about 12 billion and 631 million dollars in 2017, while the funds that went to pockets of theft equal the cost of reconstruction of cities destroyed by the Second World War in Germany and Japan dozens of times.

And to go back a bit and recall the former Vice President Adel Abdul Mahdi, who informs us that his monthly salary exceeds one million dollars, we will know well that hundreds of conferences will not rebuild Iraq before the elimination of corruption and spoilers, whose existence created fears for participants in the KuwaitConference.

"Al-Siraq, who launched the Kuwaiti citizen on our politicians, was a source of concern for investment companies and donor countries. He went out to Secretary General of the Council of Ministers Mehdi Al-Alak, acknowledging that" there is great corruption and the government's inability to guarantee the safety of these funds if passed by local governments. " 

"Their organizations will be granted entry permits to Iraq to oversee the reconstruction process," the relations speak as if reassuring that the memory of the citizen "fish" may not recall what happened a few days ago when he ordered a book to cut the salaries of employees and contract holders who refrain from updating their electoral cards, RTM that document, which embarrassed the prime minister and ordered timely to open an investigation to uncover the facts, but the result did not show so far and has become one of the past Like other documents and evidence of corruption.

But Yaasada was not the only one of the Dawa party to get the money from the Kuwait conference, even if they had to change part of the convictions temporarily and bypass some of the red lines. The head of the parliamentary bloc of deputies behind Abdul Samad surprised us in a televised meeting, In the province of Basra liberated areas and the need to include reconstruction, Abdul Samad told us that "Al-Sibiya and Faw areas liberated from a foreign force, the Iranian army when it was controlled during the eight-year war." Yasir MP Did Iran today become an occupied state During the years of twitching Maliki, your leader, and why I remembered the occupation with the donors' conference and ignored when I was governor of Basra days budgets explosive.

In conclusion, the Kuwait conference is a final test of the government of Prime Minister Haider al-Abadi, to prove its intentions in the fight against corruption and to paint a different picture of the "thieves and thieves" that our politicians brought to the world. Yes, this is an opportunity to save the country from the suspicious deals that have tormented the Iraqi body for 15 years. , Can Abadi succeed in this test and keep his commitments ?, Answer will be ensured in the days after the conference.

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[DinarThug]

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Tillerson Says US-Turkish Relations at “Crisis Point”

 

 

17th February, 2018
US Secretary of State Rex Tillerson (L) shakes hands with his Turkish counterpart, Mevlut Cavusoglu, in Ankara on Feb. 16.

US Secretary of State Rex Tillerson has acknowledged that his country's relationship with Turkey is "at a bit of a crisis point", as his Turkish counterpart, Mevlut Cavusoglu, demanded that the United States "turn words into actions" to resolve their differences in dealing with the Syrian crisis.

At a joint press conference in Ankara on Friday, Tillerson said the US-Turkey alliance "is too valuable" for the two countries not to take action together, particularly on their dispute over the US support of the armed Syrian Kurdish Peoples' Protection Units (YPG), considered a "terrorist group" by the Turkish government, Al Jazeera reported.

"Ours is not an alliance of convenience or of temporary interest. It is a time-tested alliance built on common interest and mutual respect," Tillerson said.

"Our two countries share the same objectives in Syria."

Standing next to Tillerson, Cavusoglu said Turkey's relationship with the US "is at a critical stage", and the two allies need to decide whether "to mend fences, or go in a different direction".

Cavusoglu said "some of the promises" the US made "were not kept", alluding to Turkey's demand that the US-backed YPG leave the Syrian town of Manbij and move east of Euphrates River.

As part of the effort to mend US-Turkish relations, Cavusoglu announced that the two countries have agreed to establish a "joint mechanism" to deal with disputes and to take "collective response".

But neither Cavusoglu nor Tillerson provided details about the plan.

A war of words between Turkey and the US has escalated ever since Turkey launched a military offensive into the Afrin region of northern Syria in January, in an effort to root out the YPG.

Turkey had also reacted angrily to reports that the US wanted to arm as many as 30,000 Kurdish troops in Syria's Manbij.

The ongoing operation has left at least 30 Turkish soldiers and over a thousand of YPG fighters killed, according to reports.

Earlier this week, Turkey demanded the US expel the YPG from the Syrian Democratic Forces coalition, which has been fighting the self-styled Islamic State terrorist group in Syria.

The Turkish government views the YPG as an extension of the outlawed the Kurdistan Workers' Party (PKK), which has fought a decades-long war against Turkey.

Earlier this month, Erdogan accused the US of sending stockpiles of weapons to the YPG in Syria, a claim Tillerson himself denied on Thursday.

Erdogan then threatened to deliver an "Ottoman slap"—a tactic used by Ottoman forces in the 17th century that, according to legend, could be instantly fatal—if the US does not get out of the way.

Speaking to Al Jazeera, Ibrahim Fraihat, a Middle East analyst at the Doha Institute for Graduate Studies, said the Turks are "very angry" over US policy in Syria.

Reflecting Turkish anger towards the US, hundreds of demonstrators marched through the streets of Ankara on Friday in protest against Tillerson's visit and demanded the US cut ties with the YPG.

The squabble over Syria is, however, just one of a litany of issues burdening Turkey-US relations.

Ties were damaged after the failed coup of 2016 with Turkey stung by a perceived lack of US solidarity and angered by Washington's refusal to extradite Fethullah Gulen, a Pennsylvania-based cleric accused of ordering the putsch.

Tillerson also urged the release of Turks and Americans who have been caught up in the post-coup crackdown.

He said Washington continued to have "serious concerns" about the detentions and "will continue to engage with our Turkish counterparts to seek a satisfactory resolution to these cases."

Turkish sentiments against the US have also grown. A recent poll found that 79% of Turks hold an unfavorable view of the US government, with only 18% having a favorable view. 

Even people-to-people ties are affected with 67% of Turks having an unfavorable view of Americans.

[DinarThug]

 

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Al-Jaafari: The contribution of the countries of the world to the Kuwait conference has humanitarian implications for Iraq

 

 

17th February, 2018

Foreign Minister, Ibrahim al - Jaafari said on Saturday that the contribution of the various countries of the world in Kuwait , the Conference has humanitarian implications supportive of the Iraqi people. 

"Al-Jaafari counted the Kuwait International Conference for the Reconstruction of Iraq as a step towards deepening the bilateral relations between the two countries and is a key basis for improving coordination in many fields," the press office said in a statement. "The various countries of the world at the Kuwait conference have humanitarian connotations that support the Iraqi people, the expression of the international community's continued stand on the side of Iraq, and contribute to enhancing stability and development," Jaafari said.  "The Iraqi Foreign Ministry has drawn up a strategy based on activating common interests and confronting common dangers," he said. "It succeeded in ending the isolation that was besieging Iraq, mobilizing the international community to support it and standing by its side in its war against the terrorist gangs. Relations to rebuild Iraq's infrastructure. " 

For his part, Kuwaiti National Assembly Speaker Marzouq Al-Ghanim said that "Kuwait's embrace of an international conference to support the reconstruction of Iraq is a historic event that will contribute to strengthening bilateral relations between the two countries," He said that his country stresses the importance of activating memorandums of understanding and agreements between the two countries because of their great impact in opening new horizons for joint cooperation. He called for the need to "increase the volume of trade exchange, investment and the entry of Kuwaiti companies to work in Iraq."  Al-Jaafari also met with Kuwaiti Deputy Prime Minister and Defense Minister Sheikh Nasser Sabah Al-Ahmad Al-Jaber Al-Sabah. The two sides discussed the progress of bilateral relations between Kuwait and Kuwait and ways to strengthen them.

[DinarThug]

US magazine: These are the reasons for the failure of the Kuwait conference and the concerns of donors from Iraq

 

 

 2018/2/17 05:28:29 PM 

At the closing session of the Iraq Reconstruction Conference held in Kuwait last week, two speeches were prepared by Iraqi Prime Minister Haider al-Abbadi and the UN Secretary-General to present one of them in the event of achieving the goals of the conference.

Iraq needs billions of dollars to rebuild its cities after the defeat of a military-backed organization, but countries that have expressed their willingness to shoulder the burden of reconstruction have sent a mixed message of support, leaving a dubious final result.

In the weeks following the conference, announcements of the end of the event have fallen, with the main target of $ 20 billion to $ 10 billion. Until then, it was not clear which speech would be presented, according to a source familiar with the preparations.

The International Monetary Fund (IMF) estimates Iraq needs nearly $ 88 billion to rebuild its devastated infrastructure, housing and other vital services, most of which are supposed to come from government oil revenues.

In the end, extra support has raised nearly $ 30 billion in complex deals on loans and investment guarantees, which is below the primary target.

This was reflected in Secretary-General Antonio Guterres's speech, which noted that the conference was an exceptional guide to the support of the Iraqi government and people. An Iraqi official said that although the government received $ 30 billion, but so far has not received official documents and pledges.

Although the final figure is much higher than expected, questions remain as to whether the Gulf states are in financial straits and whether they will keep their promises. As well as private companies will start to increase the investment necessary to begin reconstruction after years of war ?.

Iraq amidst this confusion, enters the national elections in the month of May next, and the government must bear a large share of the burden of reconstruction of Iraq.

IFC estimated that Iraq alone needs at least $ 50 billion. "This figure is not realistic unless oil prices remain relatively stable," said Christian Goose, deputy head of IMF's Middle East Monetary Department. Adding that "the funding gap is increasing significantly if oil prices fall."

However, the results of the conference outweighed many dim forecasts. "This is an important reference to Iraq, through which Abbadi will go to the elections," said Elizabeth Dickinson, chief analyst for the Arabian Peninsula in the International Crisis Group. "This gives us something concrete to return to Baghdad and demonstrate the capacity to support and rebuild the country."

Many foreign officials at the conference say contributions are expected to be much lower. In early December, some officials said it was difficult to reach the Iraqi government's original standard for raising $ 20 billion from international donors.

"We were strongly encouraged to seriously reconsider this," a Western diplomat told AFP.

The most pressing question is how Iraqis who expected to start a Marshall Plan when the international conference ends with loans and goodwill will explain, not many direct donations. In the end, the government pressed its goal of holding the assembly and renamed it a "donors" conference to the "reconstruction" conference. A large part of this draws attention to the expected shortage of pledged funds.

Much of the fear is due to lack of confidence from countries such as Saudi Arabia and the United Arab Emirates.

In the beginning, the Gulf states were supposed to shoulder much of the burden on Iraqi reconstruction efforts in exchange for a rear seat in military operations against Da'ash. But Saudi Arabia, the United Arab Emirates, Qatar and Kuwait all made $ 5 billion and were expected to do much more.

Western diplomats worry about the possibility of billions sinking into a country dominated by Iran, as well as the apparent lack of Gulf spending and the financial crisis they are experiencing. The ongoing war in Yemen has reduced diplomatic and military power in Saudi Arabia and the UAE in particular, not to mention the drop in oil prices that has led to the discontent of Gulf governments.

"I think many are waiting for the post-election period because they want to know who will lead the government first," a senior US official told AFP.

However, the fact that any money comes at all is evidence of an improved Iraqi situation. "The Gulf states, especially Saudi Arabia, Kuwait and the United Arab Emirates, see Abadi as someone who can be dealt with,"Dickinson of the International Crisis Group said.

Security concerns remain largely a hindrance to donor and creditor accounts, as well as to private sector companies that had the lion's share of the conference. Although the Da'id organization has been completely defeated in Iraq, the risk of a perceived return is high for donors.

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[siberian_shaddow]

Much Appreciated Thugs, as always my friend. I am with the rest of DV that supports you and will always have your back even if this last another 10 years. And as I said before I would love to buy you a drink when this thing does decide to pop, even if we're all in walkers and wheelchairs. Keep it coming Brother Clown. 

Edited February 17, 2018 by siberian_shaddow

[newbieDA]

59 minutes ago, DinarThug said:

Iraq needs billions of dollars to rebuild its cities after the defeat of a military-backed organization, but countries that have expressed their willingness to shoulder the burden of reconstruction have sent a mixed message of support system" rel="">support, leaving a dubious final result.

 

Everyone knows they need a higher currency rate it is ridiculous low. Iraq has plenty of money, the problem is the value is so pitifully low. Rocket science lol

 

[10 YEARS LATER]

2 hours ago, newbieDA said:

 

Everyone knows they need a higher currency rate it is ridiculous low. Iraq has plenty of money, the problem is the value is so pitifully low. Rocket science lol

 

 

May I add " Rocket Surgery " to your critique. 

[DinarThug]

Al-Abbadi will refund most of the loans of the Kuwait Conference by order of the World Bank

BAGHDAD (Reuters) - Iraqi Prime Minister Haider al-Abadi intends to reject most of the loans granted to Iraq in line with World Bank directives, The inability of Baghdad to bear more debt, and that Iraq is not obliged to accept these loans in case it relied on foreign investment.
The source continued, that 'Iraq was hoping to get at least $ 5 billion in grants, but it was only $ 1.8 billion, while the rest were loans and facilities with interest, "noting that" the Iraqi government, worked to hold extensive meetings With investors to activate the reconstruction plans put forward at the Kuwait conference recently and that Abadi, intends to give up some of the debt received by the Conference of donor countries, while the formation of the national oversight bodies committees to monitor the disbursement of grants and the implementation of projects. It is noteworthy that the Secretariat of the Iraqi Council of Ministers, announced earlier that "the value of financial guarantees and facilities offered at the Kuwait Conference to boost investment, amounted to 11.6 billion dollars, while providing $ 1.8 billion in grants to support stability and in the form of humanitarian and relief aid. Ending

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[Floridian]

10 minutes ago, DinarThug said:

Al-Abbadi will refund most of the loans of the Kuwait Conference by order of the World Bank

BAGHDAD (Reuters) - Iraqi Prime Minister Haider al-Abadi intends to reject most of the loans granted to Iraq in line with World Bank directives, The inability of Baghdad to bear more debt, and that Iraq is not obliged to accept these loans in case it relied on foreign investment.
The source continued, that 'Iraq was hoping to get at least $ 5 billion in grants, but it was only $ 1.8 billion, while the rest were loans and facilities with interest, "noting that" the Iraqi government, worked to hold extensive meetings With investors to activate the reconstruction plans put forward at the Kuwait conference recently and that Abadi, intends to give up some of the debt received by the Conference of donor countries, while the formation of the national oversight bodies committees to monitor the disbursement of grants and the implementation of projects. It is noteworthy that the Secretariat of the Iraqi Council of Ministers, announced earlier that "the value of financial guarantees and facilities offered at the Kuwait Conference to boost investment, amounted to 11.6 billion dollars, while providing $ 1.8 billion in grants to support system" rel="">support stability and in the form of humanitarian and relief aid. Ending

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Yikes!

[Xtaxguy]

Sure.  No problem.  Just send us 3 billion bbls of crude, COD.  We'll send you $29.33, plus shipping, per bbl as it is unloaded at any US Atlantic or Gulf port.  We have the right to redirect any shipment as we wish at our own expense (think Europe in winter).

[DinarThug]

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The World Bank refrains from handing over the money of the Kuwait conference to Iraq and sets a condition for its disposal

 

18th February, 2018

A member of the Committee on Economy and Investment Representative Amer al-Fayez said on Sunday that the news that the World Bank's condition on the survival of the funds of the donors conference under his supervision is expected, noting that Iraq is globally diagnosed with a high corruption index, Money.

Al-Fayez told "Iraq News" that "the subject of the World Bank's requirement not to hand over the funds of the donors conference to the Iraqi government and keep them under his supervision in the disbursement of investment companies that aim to rebuild Iraq is expected, pointing out that at the beginning of the donor conference in Kuwait was a condition To deposit money in the Kuwaiti bank and disbursed in the form of payments on investment companies. "

He added that "this is expected because Iraq is diagnosed by the countries of the world, the rise of the corruption index in it and this led to the loss of confidence in the Iraqi institutions."

The informed sources talked about the existence of a condition for the World Bank not to grant funds to the Iraqi government and keep under his supervision in the disbursement of investment projects that will work in Iraq.