Iraq an economic Study

Iraq Approves $100bn Budget for 2012
07 December 2011
Iraq’s Cabinet has approved a federal spending plan of almost $100 billion for 2012. The budget is based on an oil price of $85 a barrel and is smaller than the $112 billion spending plan discussed by the Cabinet in September, which was based on an oil price of $90 a barrel. The deficit will [...]

[link to www.iraq-businessnews.com]

Consultants to Review Iraq Oil Targets
06 December 2011
Reuters reports that iraq’s oil ministry has asked consultants to draw up a plan with a lower output level and longer timeframe to achieve its oil output plans. Iraq’s existing deals with international oil firms aim to boost its output capacity to 12 million bpd by 2017 from around 2.95 million bpd currently. But Iraq [...]

[link to www.iraq-businessnews.com]

December 7, 2011

Shabibi: The Central Bank will deal with inflation

UNSC to discuss three reports to remove Iraq from Chapter VII;

Zebari talks to permanent members to ensure support
Iraqi White Bloc calls on Arab League to intervene to remove Iraq from Chapter VII

Kuwait Deputy PM: Report to UN Sec General will show desire to resolve outstanding issues between Kuwait and Iraq

Maliki expected to discuss pending issues with Kuwaiti officials in visit

Zebari will meet with Secretary General of the United

Nations; Deliver three reports concerning CH VII issues

UN ready to assist Kuwait, Iraq normalize relations

[link to thecurrencynewshound.com]

Based on the headlines it would appear things are moving forward on the chapter 7 issue, post haste. This will be seen as a step forward for all Iraqi investors. sk

Headlines

Video: US Withdrawal From Iraq Nears Completion

ABC News: President Obama to Mark End of the War in Iraq Next Week

Trade Bank of Iraq recovers $550 million in loans last financial

UN: Maliki’s visit to Kuwait will contribute to the activation of the Joint Committee and the normalization of relations

Othman: Maliki will discuss CH VII during US visit: Without CH VII release we dont have full sovereignty

Iraq List welcomes Maliki’s visit to Washington; Regards as a step in resolving many disputes over the outstanding issues

Iraqi List MP accuses the U.S. occupation of breaking promises; Urges the removal of Iraq from Chapter VII

UN concerned at the situation of civilians in Iraq

UN: College of Commissioners in the new Electoral Commission of Iraq will be selected early next April.

Iraq List calls on Maliki to meet the call for reconciliation with Allawi

Meeting of the National Alliance today to discuss the budget of 2012, Maliki’s visit to Washington

CBI Daily Currency Auction Dec 8, 2011: $138 million
[link to thecurrencynewshound.com]

See this seeker?


Posted Today, 10:22 PM
[link to emerginggeos....-with-iraq.html]

Enjoy [link to dinarvets.com]

Posted Today, 10:33 PM
IRAQS CHAPTER 7 TO END IN 2012


The independent Iraqi news agency / Baghdad / p. Attorney-G … by Yasser Ghazi Yasiri for a coalition of state law, predicted that the Iraq out of Chapter VII in 2012 after the completion of its sovereignty the end of the exit of U.S. forces this year.

Read more: [link to dinarvets.com]

Your headlines confirm that the chapter 7 issue is now on the front burner. They seem to be in a bit of a hurry. I wonder why. lol sk

It also appears that the HCL laws passage has been stepped up. Good new for investors, to say the least. sk

Iraq Energy Commission agrees on need to speed up HCL legislation; Will combine three drafts
Posted: December 5, 2011 in Iraqi Dinar/Politics
Decide to go the parliamentary energy conducted a combination of drafts of the law of oil and gas

Baghdad, December 5 (Rn) – The Commission on oil and energy parliamentary Monday that its members agreed on the need to speed up legislation to the law of oil and gas, indicating that the agreement will ensure progress in combining the drafts of the law out of the draft agreed.

Legislation is still the law of oil and gas in Iraq is the biggest challenge in front of the political forces in spite of oil represents more than 90% of the country’s imports.

The most prominent differences in the law, the agency responsible for the management of oil wealth, while the federal government is trying to keep the central administration in the provinces and see the wealth of the Kurdistan Regional Government’s position is contrary to the Constitution and political agreements.

[link to thecurrencynewshound.com]

Perhaps tomorrow's news will give a clue on HCL as the parliament does voting of laws on Thursdays now.. or am I thinking of something different?

Well the good news is that things seem to be moving forward at a rapid pace or at least the news would seem to make it appear that way. sk

Headlines

State of Law MP predicts CH VII release in 2012 after US troops depart

Iraq Foreign Relations Committee member confirms US promised to aid Iraq out of CH VII as per framework agreement

Finance Committee Member: Describes the deletion of zeros from the Iraqi currency; Says important and necessary

UN report: Timid progress in Baghdad out of Chapter VII
Claims for the intervention of the university out of the Chapter VII

Alwani: Any agreement expect the government has no meaning unless it comes out of Iraq from Chapter VII

Muhammad Iqbal: the need to give assurances to the reserving States on past practices to emerge from Chapter VII

Othman and Maliki discuss Iraq out of Chapter VII when he visits Washington

Maliki: Iraq seeking to establish relations of friendship and cooperation with all countries of the world

CBI: One of Iraq’s debt will be settled in full as soon as approved

IMF chief calls for ‘inclusive’ growth in the Arab world
IBN: Iraq Improves Rank in Corruption Index

Iraq’s Pres. Najafi congratulates the new Prime Minister of Kuwait

The country’s budget for next year $100B; A deficit of $14B. Details of the largest budget for Iraq since the founding of the modern Iraqi state in 1921

Sistani’s representative confirms the importance of the return of Iraq to the Arab environment after withdrawal

State of Law bloc welcomes Allawi’s Bid of Reconciliation

Source: Agreement of Iraq and the United States immunity trained Americans

Susan Saad: Iraq’s dependence on oil would lead to “economic disaster” in the country

State of Law MP suggests resolving of security ministries will be next year

U.S. military: We are committed schedule of withdrawal from Iraq with only a 7,500-

Industrialists protest in Tahrir Square to demand their sector and activating the work of customs tariff

Hamdiya dry: We seek to raise the capital of the Bank (TPI) trillion dinars and to increase its branches internally and externally

Securities of Representatives calls for the speedy enactment of a law regulating its work

International Union for the business calls for the involvement of the private sector with a year in the country’s economic development

Four banks on the brink of bankruptcy; Due to corruption

The delegation of the Kurdistan Region shall be a number of meetings in the United States of America
[link to thecurrencynewshound.com]

Finance Committee Member: Describes the deletion of zeros from the Iraqi currency; Says important and necessary
Posted: December 9, 2011

Abadi and predicted that “the start of the new currency to replace the beginning of 2012, wondering whether enough time remaining to the procedures associated with the replacement of the currency or the extension period will be longer.
He noted that “the new place that will bring the process of replacing the new currency and destroying old currency not yet been determined.
[link to thecurrencynewshound.com]

Thanks for the news Calin. More on chapter 7. Moving in the right direction. sk

old habits! ;)

Wonder what laws were passed this past Thursday in Parliament.

So you did I was busy reading and then posting. Oh well I guess it needed to be said twice.

I will look around and see what I can find in regards to the New laws being passed. sk

[link to www.godlikeproductions.com]
[link to www.godlikeproductions.com]

Last Edited by calin on 12/09/2011 09:24 AM

I have spent since my late post looking for what happened at the last parliamentary session on the eight and not finding much. Found an agenda for the 11th and 15th but nothing for the 8th. Strange. sk

Hey have you all been over to DZ new digs. Nice place to hang out and discuss all things dinar. sk

[link to darkzen.websitetoolbox.com]

Last Edited by seeker2 on 12/09/2011 11:54 AM

Wanted you to see this seeker.

These are my people!




[link to www.youtube.com]

Last Edited by calin on 12/09/2011 07:39 PM

Calin

while I appreciate the sentiments. This is not the problem. The problem if anything is the opposite. People are being treated as corporations. We are contracting are rights away through contracts. Contract law supersedes constitutional law when a contract is in force.

Do we really want to start a constitutional convention with the current politicians in office. Who knows what they would come up with. We want our Republic restored not a democracy, there is a big difference. rken

Yes... I thought there was something skrewy there! Appreciate the correct thinking....

Look at the men speaking. I will bet you that they are all lawyers, and they know whats up. They are intentionally misleading people. Its like they are 180 degrees away from the truth and trying to sell it as the truth. So what else is new. sk

Last Edited by seeker2 on 12/09/2011 10:03 PM

The one councilmember (dark hair and mustache - Alarcon) has a pending trial for voter fraud.

Under the original 13th amendment to the constitution, lawyers and judges cannot hold office. Do to the oath that they take when entering the bar. The 13th amendment that most think is in the constitution along with the other amendments that follow it have never been properly ratified. They are null and void.

Lincoln adjourned congress sin die at he beginning of the civil war and a proper congress has not been in session since. What we see today is a defacto version of congress.

You can find copies of the original 13th amendment on line. I have a certified copy from the Clerk of court records from the state of Colorado. The civil war was not about slavery as many belief but about states rights vs. federal intervention. Which lead to the southern states wanting to withdraw from the union. Which as sovereign states they should have been able to do. Are you a sovereign, try withdrawing from being a citizen of the United States Corporation. lol

In addition the new 13th amendment and subsequent amendments were never ratified by 2/3 of the states as required by the constitution. Only 5 states ratified the later amendments. Its in the congressional records. sk

You are not a party to the constitution. Show me your signature on it. Have you sworn an oath to uphold it. No only public officials have sworn oaths to uphold the constitution. A breach of that oath is treason, and most are guilty. Does a piece of paper give us our rights. No our rights are god given rights unalienable not inalienable as they have lead us believe. Unalienable rights cannot be contracted or given away. sk

Last Edited by seeker2 on 12/09/2011 10:37 PM

The Original Thirteenth Article of Amendment
To The Constitution For The United States

[link to www.amendment-13.org]