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Tuesday, October 25, 2016

Dinar Updates Daily Chat Log for Tuesday 10/25/16 - Part 5

Dinar Updates Daily Chat Log

Part 5 - No Featured Members

(5:00 PM)Check out the "Current Iraq NEWS" Thread in the Forum - http://www.dinarupdates.com/forumdis...rent-Iraq-NEWS - All News - ALL DAY LONG!!

Ame963255 says(5:33 PM):

GN gang

loop says(5:34 PM):

Abadi adviser to Roudao: There are positive indications for the existence of a wider between Baghdad and Erbil future understandings

By Roudao one hour ago

The appearance of Mohammed Saleh

Roudao - Erbil

He announced the appearance of Mohammed Salih, adviser to Iraqi Prime Minister Haider al - Abadi, the presence of positive indications for the existence of a wider future understandings between Baghdad and Erbil, while noting the former Iraqi planning minister, and the current parliament, Mehdi al - Hafez to the importance of national reconciliation and the elimination of sectarianism.

The workshop addressed on Tuesday, October 25, 2016 from "Roudaoa AMRO" program that aired on Roudao TV and recorded on the sidelines of the third meeting of the Institute for Middle East Studies, "the fate of Iraq and Kurdistan in the post Daesh" and hosted in each of the appearance of Mohammed Saleh, Consultant Iraqi Prime Minister, and former Iraqi planning minister, and the current parliament, Mehdi al-Hafez.

The Iraqi adviser to Prime Minister Haider al-Abadi for Economic Affairs, the appearance of Mohammed Saleh, during the episode "The realistic data, which took place before the battle of Mosul and the visit of the President of the Kurdistan region, Massoud Barzani to Baghdad, represent positive indicators broader understandings between the center and the region, and that the Iraqi armed forces are engaged in hand side with the Peshmerga forces war against terrorists to protect geographical region and place the border, as well as the existence of negotiations at a high level to resolve disputes relating to oil and economic issues, there is now a political will to establish Iraq on several basic principles. "

He continued, "with regret that some neighboring countries, mobility problems to Iraq, and that should be the province of Kurdistan heed to this issue, and the right to self-determination for the Kurds, is another issue but with a Daesh must protect Iraq's borders and every incident."

He went on to say that "Iraqi forces have been battling with the mentality of the Peshmerga, and one for one purpose and that is important, but after Daesh there will be a political dialogue and economic else, but good intentions in the battle of Mosul against Daesh very positive sign."

And Abizaid: "Let's leave the past and to talk about the present and the future, in military service with the United States, which was signed by Finance Minister Hoshyar Zebari, a few months before the agreement, valued at $ 2.7 billion to provide weapons, allocated them to the Peshmerga $ 400 million, and this means that there are good intentions in this subject".

He stated that, "al-Abadi began a reform project for the whole of Iraq and wanted to create a harmonious vision of all of Iraq without differences or polarization, and this accelerates the national reconciliation Reforms stemmed from the sound of the street and the foremost authority and that the adoption of the amnesty law was a good step in the way of reconciliation."

And on ways to fight corruption, he said: "With the current conflicts and snapping on Iraq cake difficult to combat corruption rooted solution lies in the use of the United Nations Programme which includes sending a dedicated international team to fight corruption and this enables local and international ability to overcome the problem of corruption and neutralize the issue."

For his part, Mehdi al-Hafez affirmed "strengthen relations between Baghdad and Erbil in the post Daesh where there are some issues that must be resolved in a comprehensive manner and should the Kurds be part of a unified Iraq Fed and this fundamental and important matter, and I personally want Iraq to be a democratic, independent and have a good relationship with other entities and this is in everyone's interest. "

"We must stop the regional interference it causes to cause a big problem, I knew very well of them and what they want," following up "These parties do not want the interest of the Kurds and I think that the presidency Kurdish and Iraqi forces must agree on the basis of reconciliation that serve the two peoples and the Kurdistan Region does not become a center external interference. "

loop says(5:34 PM):

In another context, Hafiz said that "sectarian big problem in Iraq and the basis for many of the crises, and Daesh said just a manifestation of the intervention, which aims to promote sectarianism, and that the elimination of Daesh represent a fatal blow to sectarianism and we take advantage of this in the future to create an atmosphere of national tolerance among the population ".

He went on to say, "The failure of the government project for national reconciliation is not a secret, Faalanksam community is extremely dangerous, since he arrived in the division of neighborhoods between Sunnis and Shiites fairly painful and this fact can not be keeping them as they are, State of citizenship is the solution."

He explained, "We must create a national basis and the overall mutual recognition of rights for unity and equality of opportunity to achieve national reconciliation."

On the national reconciliation project failed over the past years, said that "the prime minister are assumed subject in the previous project ended with negative results, because he can not achieve national reconciliation without changing the public policy of the State Bnzertha citizen regardless of caste and religion," stressing that "the Iraqi prime minister in front of the current great difficulties. but if he had the necessary atmosphere it will not hesitate to work towards national reconciliation. "

He stressed that "Iraq is steeped corruption must come together to set rules limiting phenomenon, and must fight against corruption and political, social and economic ways, and the state is the first responsible for it because the repair performance is reflected on the society at large."

(5:40 PM)Soonergirlie was kicked out by Soonergirlie!

DIGIman1 says to magnetlady (privately)(5:41 PM):

i will setup a post for you

loop says(5:56 PM):

Parliamentary Finance: 2017 budget needs to review its provisions after neglected citizens and the private sector

26/10/2016 (00:01 pm) - the number of readings: 56 - the number (3767)

Baghdad / Acer Jabbar

Parliamentary Finance Committee confirmed on Tuesday, said the federal budget for 2017, lacked a "realistic vision" in dealing with the financial crisis taking place in Iraq, noting that some of the items of the budget needed to be reviewed to provide job opportunities for citizens and activate the investment side operations, with student Union business the House of Representatives need to discuss the project allocations lagging due to lack of financial allocations during the study year 's budget law of 2017, said Finance Committee chairman MP Mohammed Halbusi, in an interview with (long - Presse), said that "some of the federal budget for the year 2017 items need to review and address "noting that" the budget as it stands lacks the presence of a real and realistic visions to tackle the financial crisis and find solutions that are reflected on the reality of the citizen and that is what we will work in the Finance Committee in the coming days. "

He added Halbusi that" the budget next year , you need to add items to ensure that the needs of the citizen and support for low - income and provide jobs and activating investment activities , "stressing" the need to add items to ensure that the needs of citizens and to support low - income and provide jobs and activating investment activities. "

The President of the parliamentary finance committee," surprise at the presence of support for oil companies and some foreign companies , Ltd. and neglect Iraqi private sector in the draft budget for the year 2017 the law , "pointing at the same time that" the budget will be included terms bother marshes file. "

He pointed Halbusi, that he" is not justice and fairness delay dues peasants exchange for previous years and the amounts due and payable, and the government to do so without the need to add a control items in the budget of 2017 to delay their dues exchange , "stressing that" the Finance Committee is working to support the security forces and the file re provinces and cities liberated stability. "

For his part , EU member Fawzi Hussein said in an interview (to the extent Press), that" there are up to 5,600 project laggard in the whole of Iraq has not done or accomplished , but to varying degrees due to lack of financial allocations for these projects has led to the stoppage , "noting that" most of these projects is the service back to the provinces and service ministries such as housing and reconstruction, municipalities, health and education boards. "

He added Hussein that " the survival of these projects without paying attention to the losses associated with the aim of its creation, especially as it was designed years and the world before the evolution of survival of those projects without implementation will make us in front of a big embarrassment , " pointing out that "these projects are service and affect the lives of citizens directly."

He called Hussein Council Representatives which discusses the budget year 2017 the need to insert a paragraph allocation of funds for projects lagging and at least for projects that have advanced the completion ratios above 60%.

Furthermore between the economic and investment commission member of the parliamentary Harith al - Harthy said in an interview (to the extent Press), that " the Ministry of planning and confined those projects and submitted a report by ensuring inventory projects that exceed the rate of completion of more than 50% possible allocation of funds have already been sums allocated while the postponement of other projects and cancel each other. "

He continued Harthy said that" next year 's budget as possible to include part of the amount that can by completing projects lagging but the rates low because of the large deficit that accompanies the budget. "

The parliamentary finance committee has announced, Monday, that the size of the budget for the year 2017 amounted to 100 trillion dinars, and as pointed out that the volume of oil revenues which will reach 67.5 trillion and the deficit reached 21%, confirmed approval within the constitutional time limit to it.

It was House Speaker Salim al - Jubouri, announced Sunday, assume the presidency of the parliament finance the budget law for next year 2017, as amended by the Council of Ministers, in the face of its inclusion on the agenda of the meeting of 25 scheduled, on Monday.

loop says(5:56 PM):

He announced the Prime Minister Haider al - Abadi, on Tuesday (18 October 2016), send the draft budget to the 2017 Act to the House of Representatives after making amendments to it, as he emphasized that the project included the previous agreement with the Kurdistan region, while pointing to an amendment to the draft General Amnesty Law.

(6:00 PM)Be sure to join the Dinar Updates “private” FaceBook Group… https://www.facebook.com/groups/571383766355188/ (go here and ask to join… then add some Dinar Friends!!)

DIGIman1 says(6:04 PM):

I've been seduced by the chocolate side of the force.

eman4u55 says to DIGIman1(6:06 PM):

hummmmm me 2 then

DIGIman1 says(6:08 PM):

if theres a problem, just dip it in chocolate....it'll be fine....

eman4u55 says(6:11 PM):

everyone sing!!!! pass the chocolate from the left hand side

DIGIman1 says(6:11 PM):


magnetlady says to DIGIman1 (privately)(6:15 PM):

I'm home I can get it.

magnetlady says to DIGIman1(6:15 PM):

*.MOD.Magnetlady has closed the private chat window!

DIGIman1 says to magnetlady(Whisper message)(6:16 PM):

thank you :)

hutch says(6:16 PM):


hutch says(6:17 PM):


DIGIman1 says to hutch(6:17 PM):


hutch says(6:17 PM):


eman4u55 says(6:17 PM):


1bobby says(6:17 PM):

All suited up

Soonergirlie says(6:17 PM):


SRW says to hutch(6:17 PM):


hutch says(6:17 PM):


jimplants says(6:17 PM):


bookumdano says(6:18 PM):

Oh ya

Soonergirlie says to jimplants(6:18 PM):


hunter59 says(6:18 PM):

Gimme some!!!!!

hutch says(6:18 PM):


hutch says(6:18 PM):


DIGIman1 says to hutch(6:18 PM):


jimplants says(6:18 PM):

turn it up

SRW says to hutch(6:19 PM):


eman4u55 says to hutch(6:19 PM):


hutch says(6:19 PM):


hutch says(6:20 PM):


hutch says(6:20 PM):


eman4u55 says(6:20 PM):


hutch says(6:20 PM):


hutch says(6:21 PM):

Currency auction burden on the Iraqi economy

October 25, 2016

in the versions of the center comments on the auction currency closed burden on the Iraqi economy

In the midst of political and economic crisis of Iraq today faces challenges of its economy is the largest in its history, From the structure of the structural, rentier nature and that was the main focus of successive crises and especially during the past two years because of the collapse in oil prices and slumping later, not to mention the political and security reasons that accompanied the occupation of the territory and vital cities in the north of the country.

hutch says(6:21 PM):

Rentier economy in Iraq will depend entirely on oil revenues, which constitute more than 90% of its imports, and as a result of crisis, oil prices, the Iraqi economy has received numerous tremors internally and externally was toppled by making credit rating to "negative" by the agency "Fitch" global.

We discussed in previous articles the issue of the currency auction in Iraq, and Pena size of the enormous waste that gets under the currency auction, and how the currency auction exceeded imports of oil, which made us shed light on the foreign reserves, and that this auction may exceed to sell some of the foreign and n reserves of the Bank Central where he arrived in the first quarter of this year, oil revenue to 3 billion and 269 million dollars, while the total central bank sales of the currency in the same period amounted to 5 billion and 821 million dollars, and of course this difference is too large, and raises doubts about the figures where this amount was not for spending on imports because the latter were not the size of the revenue, and some also wondered who was to buy at this auction and for whom?

(6:21 PM)popeye7 was kicked out by popeye7!

hutch says(6:21 PM):

According to the achievement of the committees of the House of Representatives of Iraq and international reports has been wasted and looted the amount of $ 312 billion over the past years, the proceeds of oil pumped Central Bank of Iraq to the market, most of which had been transferred abroad.

The day after the persistently high exchange rate of the US dollar against the Iraqi dinar in the local markets and the absence of the real role of the Central Bank to address this problem, it seems the Iraqi dinar is in danger of collapse, thus rising inflation and entering into a severe economic crisis.

Therefore, the continuation of the central bank sold the dollar in larger quantities from Iraq's income from foreign currency as a result of the export of crude oil is a service of corrupt and called the term "whales" and cost Iraq losses of hundreds of billions of dollars, in addition to the billions that were stolen over the past years.

hutch says(6:21 PM):

According to private information obtained links Research and Strategic Studies Center for a meeting between the number of banks and banking employers in the Baghdad area Jadiriyah The theme of the meeting about the dollar and the need to reduce its price on the black market has a number of whales threatened to auction the issuance of the decision to limit the auction a limited number of banks, some of them said that they were able to in all aspects of the state control, and the price of the dollar and they reject the dollar sell the asset in their accounts abroad, and of one who attended the meeting $ 350 million exists only when five people only, or five banks, according to sources, links the center of the President Minister Haider al-Abadi, is following this issue carefully and that he considers issuing important decisions which exempt officials at the central bank from office and openness of some state officials and political parties of links to some of the private banks and the prime minister in waiting completes the picture has, and follow up on whether the sell-off in favor of reliable banks or No, to take a very critical decisions, including the number of stop banks from entering the auction for pending lawsuits filed against it.

hutch says(6:22 PM):

It is expected that there will be a reduction of the dollar to avoid penalties that may be imposed by the Prime Minister on the banks and those violators.

Once again, we will address the subject of an auction Eulma in the Iraqi Central Bank to have done this file are important for the Iraqi economy, where the central bank sells in daily auction of dollar amounts sometimes exceeding 130 million, mostly in remittances and is priced at 1182 dinars to the dollar.

The thorny issue here, is the difference between the selling price in the market who arrives in the market to 1300 dinars to the dollar, while the exchange rate is sold to partisan views and influential up to 1182 per dollar, according to quotas, which in turn sell it at the prevailing market.

Here we refer again to the currency and operations auction is a big burden on the Central Bank of Iraq and the economy in general, which of course is a window to support specific destinations As mentioned, thus it is considered a real blight on the central bank, and cash reserves.

hutch says(6:22 PM):

The data suggest that Iraq's debt is today 77% of GDP, while safety is the ratio of public debt to GDP between 60-70%.

The estimated loss of Iraq, hundreds of millions of dollars because of the control of mafias and whales market through the monopoly of the currency auction for certain destinations, and dominate them. He indicated that the US dollar exchange rate in the Iraqi market price of 1310 dinars selling price while the purchase price of 1,300 dinars per one dollar.

As is known, the dollar is the engine of commodity markets in Iraq, as the country imports most of its overseas markets president.

The US dollar was trading in the Iraqi market this week at 1310 dinars, compared to about 1129 dinars to the dollar before the outbreak of war in Mosul, which experts see as a sign of the weakness of the central bank's policy.

This increase is the result of the opinion of the experts of the Central Bank's policy, and the decline of the dinar exchange rate against the dollar caused by the adoption of the central bank of some private banks and not others in an auction sale of the currency and the weakness in monitoring the performance of these banks. "

hutch says(6:22 PM):

Over the past 13 years, Iraq has become an arena for the corrupt, has a group of influential Iraqis led the looting of public money is very large operations, and Iraq's coffers are empty, and this flaw revealed the collapse of oil prices two years ago.

Large and enormous challenges facing Iraq economically and politically, and the excesses of the money Iraq and its potential to the benefit of influential figures without supervision or follow-up, which is cast on the Iraqi government responsible for legislation, strict law along the lines of other countries, and monitor the work of the central bank auction of the currency, which has become today as a destructive element of the economy Iraq, as well as accounting for the corrupt agent of the Iraqi economy up to a dead-end tunnel cannot return it.

Unit Economic Studies

hutch says(6:23 PM):


hutch says(6:23 PM):


hutch says(6:23 PM):

Economic laws to secure new revenue for the state treasury

23/10/2016 0:00

BAGHDAD / Farah pumice

seeking for economic and investment commission to push for the adoption of new laws provide new income to the state treasury and is working to develop actually investment in the country.

According to the Chairman of the Committee MP Ahmad al- Kanani, the Committee discussed at its last meeting, the drafts (draft census law for the purpose of submission to read second, the enterprise Agency Regulatory Act for the purpose of lifting the first reading a draft Iraqi Commission Act to adopt in order to submit it for the second reading, the draft second amendment to the Law of the Federation of Chambers of Commerce Law No. (43) for the year 1989 for the purpose of submission to a vote).

"The Committee in order to expedite the enactment of laws economic and investment character addressed the relevant authorities in the government for the purpose of speeding up the completion of economic laws items and submit them to the House of Representatives in order to acknowledge the shortest possible time. "

hutch says(6:23 PM):

Kanani said that" most economic laws, which allocates the Commission is very important legislation as they relate to the country 's economy and the development of fact , investment and insurance new sources of income to the state treasury, as well as a project of Statistics Act , which delayed legislation period we see a very long and it is time to approval being will provide all the data upon which the government in the conduct of its affairs, preparation of future plans. "

hutch says(6:23 PM):

in the meantime, the House of Representatives is moving to approve Administrative Law Finance , which regulates financial matters of the state. chairman of the parliamentary finance committee Mohammed Halbusi pointed out that " the law came for the purpose of organizing rules and procedures that financial and accounting management control in the field of planning and preparation, implementation, control and audit of the general budget of the Federal and directing all revenues to the public treasury to cover the spending year." the law also works to "identify and units of internal control link from the administrative and technical standpoints and the development of mechanisms for the implementation of budgets and the commitment of both an executor and determine the responsibility of the Ministry of Finance in the implementation phase as well as setting specific dates for the submission of trial balances and closing accounts and commitment to the principles of the budget (budget transparency and comprehensiveness of the budget and the unity of the budget the annual budget and the lack of customization) when creating and implementing the federal budget and related matters to ensure the achievement of macroeconomic stability , financial stability and strengthen the budgetary resources and improve the efficiency and effectiveness of spending and ensure that cash management to optimize and improve the quality of the budget information provided to the House of Representatives and the citizens. "

hutch says(6:24 PM):


hutch says(6:24 PM):

Government bonds and safe way to save

24/10/2016 0:00

BAGHDAD / Imad emirate

is a financial reform imperative to resettle capital and attracting private investment, especially investment indirect, such as stocks and bonds, and require the reform process in this aspect a number of basic steps, including the development of the stock market in Iraq to their importance in activating the role of the private sector in the process of development.


Dr. Emad Mohammed al - Ani said: «market Securities important role in the national economy, as it is not a market only stock trading but have dimensions more than that , and this is what is referred international experience».

hutch says(6:24 PM):

interest rates

and said al - Ani , in an interview with «morning »that the stock market (bonds) represent a wide range of work monetary policy to influence the overall financial and monetary variables, particularly on interest rates and the price of the local currency exchange rates of inflation, as it gives ample space to implement more efficient and effective monetary policy by the Central Bank of Iraq operations.

He noted that the government bond market while providing the opportunity for monetary authorities to achieve many of the relevant functions of the activities of these authorities , benefits, and most important of these benefits and advantages that the presence of the markets helps to shift towards the use of indirect instruments of monetary policy management and, in particular , open market operations . it is noted that in Iraq there are no active and influential bond market economically, and this made economic voices resound to find a solid bond market in Iraq.

hutch says(6:25 PM):

provide liquidity

Ani between these markets exert an important role in providing liquidity of the money market (short - term instruments), which is of great importance in efficient implementation of monetary policy, especially in light of what is represented by trend yield on government bonds as a source of information about market expectations on interest rates and rates of future inflation.

He stressed that this will reflect positively on the financial structure of the system as it integrates the role of the banking sector and stock markets, pointing out that the Securities government, and in all its forms, represents an important means and Chairperson of the means of saving and transmission of savings in the economy, among the various sectors , both for the adoption of a safe way to invest , or as an indicator of help in the adoption of investment decisions intact.

He noted Ani that the development of government bonds the same markets as contained in the reforms legislative and institutional requirements and improve the infrastructure of the financial sector that serves all parties and dealers in the financial sector.

hutch says(6:25 PM):

comprehensive strategy and stressed the importance of addressing the financial and administrative corruption as a fundamental requirement in order to find the financial policy place in the application, and to tackle corruption must adopt a comprehensive strategy of economic, financial and administrative reform begin to desire the senior leadership of reform and pass institutional formation and ends with the full powers of the anti - corruption body with attribution to activate the participation of civil society, the press and body control, accounting and eliminate organizations.

He concluded Ani to say that characterized the financial sector transparency and clarity, as is transparency in government financial activity is essential for the integrity of the financial position and credit her good judgment and administration of comprehensive financial and integrity, as well as the fiscal transparency is a prerequisite for the safety of economic and fiscal policy, dissemination and document the general budget , which is displayed clearly in a timely manner makes it easier for investors and the public evaluation of government guidelines and therefore impose discipline hard to government operations.

hutch says(6:26 PM):

Adoption of international control standards preserves public and private money

22/10/2016 0:00

In the Arabian accountants forum in Baghdad

BAGHDAD / morning

auditing and accounting are the basis for building efficient economy achieves targets development sustainable, where lies all forms of manipulation that might monitor the operations of the implementation of projects and disbursements in public institutions, where the Arab Forum accounting third focused in Baghdad on the need to develop expertise Arab in this sector and enable it to international standards governing the audit and accounting process.

hutch says(6:26 PM):

captain accountants and auditors Dr. Rafid pendulum said that the forum , which concluded its work yesterday dealt with the Iraq experience at this juncture it is important and ranges of application of international accounting standards, pointing to the need to pay an accountant and auditor in Iraq important that fit the size of the role it plays in the next economic management of the process, adding that there should be incentives lead to perform his work professionally maintains public and private money in both sectors.

participated in the forum that the two - day Arab delegations and local experts in accounting were exchanged experiences among the participants.

hutch says(6:26 PM):

guiding rules

pendulum said in an interview with «morning» that the Association of Accountants and auditors is waiting for legislation from the House of Representatives authorizing the application of international accounting in Iraq standards, pointing out that the union has trained over the years more than 1,000 member through training courses under the supervision of regional and local experts, pointing to the continuation of work on the dissemination of standards in curricula at universities , which includes specialized economic affairs colleges.

the international standards in accounting and auditing rules guiding consulted professionals to make professional practices (accounting and audit) at a high level for the purpose of reducing the degree of difference in the expression and practice, and the criteria adopted to assess the technical quality of work and determine the nature and depth of professional responsibility, including supporting the regulatory environment through its quest to raise the degree of disclosure and transparency in financial reporting.

hutch says(6:27 PM):

transmission of expertise

international expert Amin Saleh from Lebanon eating accounting standards and its impacts on financial reform , stressing the the importance of the exchange of international experiences in order to increase knowledge, noting that the exchange of expertise needs to be a transition period needed to create the human resources, noting that access to testing abbreviated transition period and earns participants new experiences of sources and be able to generate self - experience necessary.

standards and reform its part accept Dr. Khaled Mahayni former finance minister in the Syrian Republic adopted international accounting standards in the public and private sectors and their role in the economic reform process.

he said that the world has witnessed great development in all economic sectors Mausa investment here increased the need for the adoption of accounting standards and ensure that the financial statements of institutions according to standards international.

hutch says(6:27 PM):

And stood at the Australian experience , which is one of the best countries in the adoption of mathematical criteria, which has worked to reconcile with international standards and is characterized by national companies a high commitment to these standards that have contributed to the organization of courses of action in accordance with the specific plans down to the desired goal.

He said the application of standards leads to get on the economic operations of real numbers in

all the institutions, thus ensuring the smooth flow of the direction of the budget allocations in the right direction and the safety of operations in spending.

DIGIman1 says(6:27 PM):

hutch says(6:27 PM):


hutch says(6:27 PM):

Rational: use mass banking system across your IBAN money transfer application

An economy Since 2016-10-20 10:12 a.m. (Baghdad time)

Baghdad scales news

Good Bank announced Thursday, using the comprehensive banking system via IBAN system application for transfer of funds into and out of Iraq.

The Bank said in a statement received khodair Rashad/balance of news/copy, the Bank established a training course on using the program issuing the IBAN banking identity for customers of the Bank. "

Khudair, said that "the importance of the programme in the standardization of bank account numbers for all banks operating in Iraq in preparation for the use of the banking system and improving the level of financial and banking services.

hutch says(6:28 PM):

The Director of the Bank, that "a timetable for lecturing on branch managers and staff of the current account, savings, the importance of the international bank account number," pointing out that "this system approved Bank will transfer money into and out of Iraq for all bank customers through that account." over 29/34

hutch says(6:28 PM):


hutch says(6:28 PM):

Food security and the concept of economic sovereignty27

ShowLast update: Monday , October 24, 2016 - 9:39

Food security and the concept of economic sovereignty

hutch says(6:29 PM):

On according to economic changes taking place in our world, no longer bumpers borders of the nation-state as before, a barrier to commodity flows and the movement of labor and the movement of capital, as the globalization institutions led by companies that rule the world has been able to change the concepts of nation state administration and make it governments that skidded off dealings with these institutions, pure views need more debt, aid and received accreditation as a subsidiary entities getting what you want these companies in the United Nations and in international and regional forums leaves these satellite states remain captive for more presence for companies of globalization in their countries under the pretext of investment and development that rising rates for the benefit of foreign capital local and his followers on the poorer classes that do not derive from the high growth rates, but more poverty, thanks to the new supporters of Adam Smith who claim to liberalize commodity and financial flows and the movement of labor under the slogan account «laissez-faire to let him pass».

hutch says(6:29 PM):

As debt constitutes the first form of economic containment Lhz countries in order to rob its imports, have impeded the concept of food security is the other form of the permanence of dependency. In this context, be «food security relative» that can be achieved in the majority of developing countries elusive even devote case of absolute dependence on the triad of globalization, represented by the International Bank and Fund and the World Trade Organization and the companies behind it. This is the foundations of him in our country since the situation advisers civil administrator Bremer - first and foremost Daniel Armestonz former director of Monsanto, which monopolize the seed market Aalemya- Law No. 81 on «Patents, Industrial Design, Undisclosed Information, Integrated Circuits, Plant Varieties» and who did not amends and become a binding force as it prevents the re-use of seeds stored from new varieties referred to the law in a country known to farmers the use and save their stocks of conventional seed for nearly five thousand years, only to find a seed market in Iraq is characterized Bgzarha productivity as seeds genetically modified controlled by foreign companies will pay these farmers to buy them and then repeat purchase annually until the demise of traditional seeds known to the Iraqi farms.

hutch says(6:29 PM):

According to this law, Bremer seeds permitted should have an innovative and distinct specifications and are compatible with UPOV standards an acronym renamed the International Union for the Protection of New Varieties of the plant, which makes seeds protected in this law exclusively on companies. As it gives it the exclusive right to produce and re-production, sale, export and import and storage of protected varieties.

hutch says(6:30 PM):

And extends these rights to the harvested field products, which means all plants and their parts, which can be obtained from the use of these protected items in this law. Bremer has issued a law that under the pretext of ensuring the supply of good quality in Iraq and to facilitate Iraq's accession to the WTO, the seeds, but the content of the law, which stands behind the companies that control the seed trade worldwide, particularly Monsanto, is to facilitate the infiltration of the Iraqi Agricultural Market by these companies to dominate the agricultural future of this country and the dependence of food security in favor of globalization, companies, and promotes it is to eliminate competition clause by local farmers, which kept her from the law, what legitimizes the marketing of genetically modified in Iraq and rejected the plants all over the world, which will not be possible retrieval in the agro-ecological cycle or cleaning up the environment from pollution caused by genetic, as well as it does not reduce the use of pesticides, as these companies claim the testimony of many researchers.

SRW says to hutch(6:31 PM):


hutch says(6:31 PM):

Here we have clarified that the law, which said Iraq for a series states governed by patents for seeds and protect the monopoly of multinational corporations rights laws at the local farmers' account, develop and Iraq loss of sovereignty and under occupation in accordance with the United Nations resolutions, which gives the current government and the House of Representatives the right to cancel this law and the consequent obligations and agreements with the government or the protection of the future of food security in the country's corporate entities, as a law losing legitimacy because of the lack of approval from the people's representatives.

hutch says(6:31 PM):


hutch says(6:31 PM):


SRW says to hutch(6:31 PM):

What types of crops are typically grown in Iraq?

hutch says(6:33 PM):


SRW says to hutch(6:34 PM):


jimplants says(6:34 PM):

will FLA State lose by more than 20?. could not resist. wheat corn dates they are the bread basket of the middle east

bubbles says(6:34 PM):

Is there a call to night?

hutch says(6:34 PM):


hutch says(6:34 PM):


subgirl says(6:34 PM):

I'm home :)

hutch says(6:34 PM):

15 MIN

david334 says(6:35 PM):

Hi Hutchster

hutch says(6:35 PM):


eman4u55 says(6:35 PM):


subgirl says(6:35 PM):

Dear Heavenly Father, we are so thankful for all you have done for us. We are so grateful to be here in this room today knowing YOU will be giving us a Blessing soon. A Blessing that is far beyond our minds.

So now Lord we pray that you would give us understanding as we search and study the country of Iraq and please give wisdom to Hutch/Rcookie/Mr White/Daytrader as they come together and give us a call and Newstime. Thank you for our site here and for BGG and Mrs BGG and pray you would give them a Blessing. We pray also for the sick and those with cancer, please Lord heal their bodies and bring them all back to health. We think of RickeyT and for Clay’s wife right now. Be near Clay’s Wife as she has radiation on the 1st of Nov. We give you Praise and Glory for its in your Name Jesus we ask this, AMEN and AMEN!

hutch says(6:35 PM):


david334 says(6:35 PM):


DIGIman1 says(6:35 PM):


SRW says(6:35 PM):


subgirl says(6:35 PM):

amen :)

daytrader says(6:36 PM):


Continue to Part 6
 | Link to Part 1



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