Morning News Comments 01/13/2015
And Ziraldolhchún Parliament: popular crowd “clean and strong” and the National Foundation .. Msudhahars soon in the Council of Ministers
[tlm724] popular crowd institution “clean and strong,” and stressed that the elements better than the “traitors” who have left the battlefields *mission*
[tlm724] revealed that the draft law National Guard will reach Cabinet within two weeks for a vote.
[tlm724] 2 weeks *hallelujah*
Jubouri said that “we do not deny the existence of abuse, but not from the crowd, but the factions is disciplined,” pointing out that “the National Guard law needs to be legislation of Parliament, because the composition without law will happen problems between the provinces and I as” Sunni
“Do not accept its existence without a tent him under the military establishment, “adding that” the next two weeks will witness the arrival of this draft law to the cabinet for a vote.
[tlm724] he is right they all need to be included and protected under a law
[tlm724] thats a great way to start the day
Baghdad and Erbil Atsabakan to increase Aanaatehma of pure gold and supporting investor confidence
[tlm724] Saleh said L / Iraq Press / “The strength of the gold reserves in the country positively reflected on the Iraqi currency strength and reduce the proportion of risks in the economy calls for higher gold reserves in the bank and support Almschtmaren foreigners in Iraqi currency and investment confidence in the country
On the other hand, the province walked in the footsteps of Baghdad where to go to buy tons of Kurdistan imported during last year’s 77 tons of gold, despite the financial situation there.
[tlm724] I didn’t know that the Kurds had that much gold, 77 tons
[tlm724] did any of you ?
[tlm724] hmmm and all this gold supports the dinar and Saleh wants them to buy more gold, I’m into that
Bolani: activation of the single window to support investment in the provinces
[tlm724] said the committee agreed with the National Investment Commission and provincial councils to activate the single window in the granting of investment licenses in 2015
[tlm724] “The single window system was disabled in the past years, in spite of its importance, which is to collect the relevant ministries in one place to reduce the obstacles to the investor in the issue of land and the granting of investment licenses.
[tlm724] “the government’s drive in the next phase aims at activating the investment and reduce the financial and administrative obstacles to investors
[tlm724] The committee supports the government’s economic program, which emphasized to encourage the transition to the private sector through activation of investment projects and the market system and the organization of modern tax administration
[tlm724] now they are all on the same page and this will bring about some great changes, namely making it easy for the investors, creating the free market and a working tax system
[tlm724] The committee supports the government’s economic program
[tlm724] bring it on baby !
Parliament prepares to discuss the oil and gas of the Federal Court Rules
[tlm724] that the House will approve the laws of the Federal Court and the parties, oil and gas and the Federation Council in the next few months revealed
[tlm724] “The political agreement was to speed up the enactment of the laws of the Federal Court and the parties, oil and gas
[tlm724] “all of these laws Basttina law of parties are waiting for the government and sent in the coming days. *wolfwhistle*
[tlm724] “urgently to pass these laws in the cabinet so that the parliament discussed and voted upon.
[tlm724] hear hear !
Deputy Liberal: Parliament is ready to approve the budget in the next session
[tlm724] “the existence of a political consensus between the blocks for the adoption of the budget in the next week,” *hallelujah* *kickA*
[tlm724] “the parliamentary Finance Committee is currently working on the preparation of the general budget of the formula finally processed to pass in the next session,
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aggiedad77 » January 13th, 2015, 11:29 am
Tuesday News Summaries and Commentaries
Evidence of counterfeiting found……gold helps to hold Iraq strong for the time being…..the budget DRAFT is passed back to Finance Committee and should be voted on next week (Tuesday)….corruption may be found within the CBI…..
COM was busy today in their weekly meeting…..judge for yourself what is seen and believed as truth at this point…..
We are on a fast track I think…..but don’t expect a new rate to appear in the budget regardless of when it is published.
Asadi Finance Committee calls for an increase of Muthanna province allocations in the fiscal budget for 2015
The Province of Samawah believes they should be entitled to a raise in their allocation for 2015….not really a good year to be hitting someone up for a raise I think….sure the years behind Maliki were poor ones for them…but why not have hit him up for the same thing back when they were being hit so hard….why wait until now when all of Iraq is suffering and talking austerity programs across the board. I don’t see much of any action coming from this kind of request.
Saleh: The Power of gold reserves in Iraq positively reflected on the Iraqi currency strength
Dr. Saleh states that recent gold purchases (made in 2014 I believe) reflect positively upon the strength of Iraq’s currency at the moment….to have that amount of hard currency in reserve definitely cuts the risk ratio to the economy in the current state of affairs for them….however the recent plunge in oil prices diminishes further chances to add to this reserve of gold…..the economy for Iraq remains fragile and he points to the former government for the cause of the gap in the monetary policy of the CBI…..he also points to the Kurds importing 77 tons of gold in 2014 when they were struggling to make salary payments at the same time…..any way you choose to look at it…Iraq certainly added sizably to their gold reserves…..and that was a good move on their part.
Finance Committee: your budget 2015 final report next week
Finance Committee reports that it has received the 2015 budget back from Parliament after the end of the second reading and promises a final report for a vote next week….the Finance Committee will now dedicate daily work to amending the budget as asked and will resubmit the document for a vote probably on Tuesday, Jan 20….currently as things stand the budget value is at 125 trillion dinars with a deficit showing of 43 trillion dinars…..now we wait to see what is the final outcome.
Parliamentary Integrity: The Council of Representatives will discuss the corruption of the central bank soon
A member of the Parliamentary Committee on Integrity is quoted as saying that corruption has been found within the CBI….that it is being investigated and the information is being conveyed to the Parliament…..what was mentioned was money laundering, administrative corruption, money transfers, and selling of currencies…..not anything that mentions Dr. S….and I suspect these new findings may have occurred after he left office as governor of the CBI….remember Maliki wanted control of the CBI and put one of his own in position after Dr. S left….time will tell us more about where this will head.
US report: political conditions favorable for the separation of Kurdistan and the declaration of an independent state
So the US reports that Kurd stance at this time is strong in favor of splitting from Iraq once and for all….declaring their independence……this in spite of the gains made recently between Baghdad and Erbil on oil agreements and salary reinstatement to Kurd employees along with recognition of the Peshmerga army…..something doesn’t seem to fit quite right here to me….the Kurds have definitely come a long way though in their relationships with other countries especially that of Turkey….Turkey has been a believer in the Kurds ability to deliver oil…well before Baghdad gave them credit…..but I think the Kurds saw some hard facts in front of them last year when they couldn’t make salary budgets and know that independence may still be a few years ago in reality.
Parliament prepares to discuss the oil and gas of the Federal Court Rules
It would seem that some members of Parliament believe the budget issues are now behind them….I tend to agree with that thinking…..next up will be a focus on Federal Court Rules and the oil and gas law….as we’ve witnessed many of these laws were stalled in the past years due to a cavern of differences that came about between the legislative and executive branches….meaning Maliki wanted things done his way or no way.
Iraqi parliament contracts with consultants and experts to legislate laws
The Integrity Committee within the Parliament is seeking to hire consultant and experts to assist them in their efforts to get their mounting working accomplished….to me this speaks of potentially mountains of work that may not have been properly anticipated with regards to corruption across the board…..rampant it was…but perhaps they did not have a good feel as to how bad it really had become….we know PM Abadi is keen on pursuing any and all suspected acts of corruption at all levels…..my only thought on this is that the Integrity Committee membership must retain final say in all decisions….hoping they are hiring technical analysts to help guide them, and maybe investigators to do some of their leg work…..I’m sure they will choose these consultants carefully….hoping they do.
Counterfeiting trademarks and currencies are new phenomena need to deterrent laws
An announcement coming a day after a very large counterfeiting ring was arrested stating that those found guilty will be punished to the fullest extent of the law 3-5 years imprisonment and fines up to 5 million dinars….I don’t see anything in this that would say they are counterfeiting the new stuff….must still be the older currency, likely the 1,000 or 10,000 notes.
Cabinet approves contract with LB Group International
The COM approves a contract with LB Group International….a group of insurance services and consulting strategists that will support Iraq in its fight with corruption…this to me ties in with the article above about the Integrity Committee’s request for consultants in their fight against corruption.
Cabinet decisions today: classification laws referred to Parliament in terms of importance and authorize the Secretary of Defense to sign a security agreement with Jordan
In today’s regularly scheduled COM meeting chaired by PM Abadi they were busy with referring an number of laws to Parliament along with a priority assigned to them….they have also authorized the Defense Minister to sign a security agreement with the country of Jordan…..the priorities shown to Parliament are ranked as economic nature projects; security level projects; service projects; and lastly scientific and environmental projects……
I find it interesting that economic issues rise above security issues that is telling me that at least the COM at this point in time believes security is becoming better and more in hand than it might have been 3 or 4 months ago….a very good sign I believe…..overall a quite lengthy list of accomplishments for one day.
Parliament: the existence of a political consensus for the adoption of the budget in the next session
Liberal Bloc MP believes the budget is now ready to be approved in the next Parliament session…..just more proof that this effort continues and will see fruition next week.
Parliamentary Finance reveal the government’s proposal to buy the debt of the Paris Club to reduce the budget deficit
The Parliament Finance Committee has announced that it may be pursuing an opportunity to reduce the budget deficit by up to 10 trillion dinars by paying off the balance of the Paris Club debt….an effort that would take place through the CBI….this could drop the budget to 115 trillion dinars and the deficit to 30 trillion dinars….President of Parliament Jubouri has stated that Parliament is taking this recommendation under advisement at this time.
The governor of Kirkuk: the security situation has improved by 95% and will not allow the formation of any force from without coordination
Province security within Kirkuk has believed to improve by 95% according to the Kikuk governor….he has also announced that any further formation of force within the province must be done in conjunction with the security committee of the province….it would seem they are tactfully trying to say they want to have control of their security going forward…..that they will not bowl of to Peshmerga forces or forces that may arrive from Baghdad.
Parliamentary Finance: $ 150 billion surplus the previous budgets were spent without the knowledge of state institutions
The $150 billion or so that was believed to be budget surplus from 2004 to 2012 was spent without any government institution knowing of it….so goes the money when graft and corruption are the way not the exception…I said early on this money would not be found…because it never really was put into any government coffers in the first place….I pray they can recover some or all of it in time.
Keywords Hamid .. Arhlan of the Secretariat of the Council of Ministers and Central Bank .. because of the illegality of their appointment!
Hmmmm it would seem that we’ve all wondered when this action would be forthcoming…..the questioning of Maliki’s appointments after he attempted to oust Dr. Shabibi as governor of the CBI…..well along with 200 or so others that he appointed in his last hours as PM….it seems the appointments to the CBI will also be questioned…..may the fur fly now.
Special / financial report parliamentary private final 2015 budget next week
Once again the DRAFT budget for 2015 has completed its second reading in Parliament on MONDAY of this week….and was given over to the Finance Committee along with proposals from members and political blocs….who will now take a week to issue a FINAL report that will be voted upon in Parliament next week.
Enjoy Aloha Randy
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Investing.com – Investing.com – European stock markets swung between small gains and losses on Tuesday, as investors shrugged off upbeat […]
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Baghdad (AIN) –An official statement by the Iraqi Parliament confirmed completing the second reading of the 2015 budget law draft during Monday session after concluding the discussions over the law draft during the previous sessions of the parliament.
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Baghdad (AIN) –The Premier, Haider al-Abadi, stated that the support of the US-led Coalition to train the Iraqi Army is “Too slow.”
While meeting some journalists at the headquarters of the Iraqi Embassy in Egypt, he said “The US-led Coalition to the IA is too slow, but it was improved in the last two weeks.”
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By John Lee.
Oil Minister Dr. Adel Abdul Mahdi [Adel Abdel Mehdi] (pictured) has said that Egypt would like to purchase 4 million barrels of Iraqi oil per month, equivalent to about 130,000 bpd.
The Minister, who is accompanying Prime Minister Haider al-Abadi on his visit to Egypt, added that talks on subject are still ongoing.
He said Egypt has asked for payment terms of 270 days, while Iraqi offered 90 days.
(Source: National Iraqi News Agency)
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By John Lee.
Delivering the keynote speech to the Al-Kindi Society for Engineers forum — The Role of Engineering during Iraq’s Crisis — in London at the weekend, Baroness Emma Nicholson of Winterbourne (pictured) emphasised that short term investment in Iraqi infrastructure was essential for the long term benefit of the country.
Baroness Nicholson, who is the UK’s Trade Envoy to Iraq, also chairs the Iraq Britain Business Council (IBBC), and the AMAR International Charitable Foundation.
She said that in Iraq “engineers join doctors at the very pinnacle of the professional tree … As the world develops at a dizzying pace, we find that we are relying on engineers more and more, and this also applies to those of us working in the global charity field“.
Adding her conviction that engineering, science, and technology can solve and have an impact on many social problems, especially in places such as Iraq, she pointed to government plans to spend $5 billion in the coming years on housing, and $70 billion on a national railway project.
“The key point,” she said, “is the poorer the country, the more infrastructure matters!”
Baroness Nicholson’s full speech can be downloaded here.
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At the end of a six-day visit to Iraq, the president of the International Committee of the Red Cross (ICRC) vowed to scale up assistance to displaced people and the communities hosting them.
President Peter Maurer witnessed the difficult conditions endured by people as a result of ongoing fighting, long periods of displacement, loss of property, and freezing temperatures.
He joined ICRC teams distributing food and other relief and visited a facility that provides clean drinking water to displaced people.
“This week I have heard heartbreaking stories of families uprooted violently from their homes and separated from their loved ones,” said Mr Maurer, adding:
“The people of Iraq have shown extraordinary solidarity with their fellow countrymen and women who have fled the violence in their thousands. When the ICRC comes to deliver aid to the displaced, it finds that local communities have already received these people in distress with open arms and great generosity.
“But in the face of the enormous suffering of the displaced and the additional pressure on host communities and services, we all have a duty to ensure that their basic needs in terms of food, water, health care and shelter are met.“
During his visit, the ICRC president also met with top officials in Baghdad and Erbil, including Iraqi President Fouad Massoum, Prime Minister Haider al-Abadi and the Speaker of Parliament, Salim al-Jubouri.
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Kurdistan Region Prime Minister, Nechirvan Barzani, has welcomed Germany’s Defence Minister, Ursula von der Leyen and her accompanying delegation in Erbil, which included a number of military and political officials, a number of members of the German Bundestag, German Ambassador to Iraq and the German Consul General to the Kurdistan Region.
The German Defence Minister reiterated that Germany views the Kurdistan Region Peshmerga forces with respect and appreciation as they continue to fight against the Islamic State terrorist organisation, ISIS, on behalf of the free world. She added that the Peshmerga forces fights against the terrorist organisation have been efficient and that they have proven that ISIS is not that force that cannot be defeated.
Minister Ursula von der Leyen stressed that Germany will continue to support and provide assistance to the Kurdistan Region. She also expressed her deep concern regarding the terrorist attacks that took place in Paris last week.
On his part, Prime Minister Barzani expressed his gratitude and delight to the German Defence Minister for her second visit to the Kurdistan Region, so that she can closely observe the situation on the ground and the latest developments.
Prime Minister Barzani expressed Kurdistan government and people’s gratitude for the military and humanitarian assistance that Germany provides to Kurdistan Region.
He pointed out that although further developed weaponry is needed, the military aid and training being provided to the Peshmerga forces by the German government have had a significant effect in changing the balance of power in favour of the Peshmerga forces and helped them marking significant victories in the fight against ISIS.
The two sides also discussed the latest political, security and military situation both in Iraq and in the wider region.
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Sweden’s Minister for Foreign Affairs, Margot Wallstrom, received Minister Falah Mustafa, Head of the KRG Foreign Relations, on Monday to discuss bilateral ties and latest humanitarian and security developments in Kurdistan and the wider region.
In welcoming Minister Mustafa and his accompanying delegation, Foreign Minister Wallstrom said, “We enjoy excellent relations with the Kurdistan Region and we are eager and willing to expand and further strengthen this relation for the benefit of both sides.”
Minister Mustafa thanked Foreign Minister Wallstrom for her hospitality and expressed the strong desire of the Kurdistan Regional Government to benefit form Sweden’s experience and knowledge in further advancing the Kurdistan Region.
The Minister briefed the foreign minister on the Peshmerga advances against the ISIS terrorists and the efforts of the Kurdistan Regional Government in dealing with nearly tow million refugees and internally displaced Persons.
Commending the KRG for the hospitality it continues to provide to the Syrian refugees and IDPs, the Foreign Minister pledged that Sweden will continue to provide humanitarian support to the IDPs and refugees in the Kurdistan Region.
Referring to the bravery of Peshmerga forces, the Foreign Minister stated, “Peshmerga forces have proven that they are a reliable force. They have been an important element in the fight against ISIS. There is an urgent need to address the problem of ISIS and to support the Peshmerga forces.”
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