Rcookie rocking newstime ! 4/28/16 reserved
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    RCookie ROCKING NEWSTIME ! 4/28/16

    Hutch says WELCOME BGG AND RCOOKIE

    BGG says hola

    Hutch says to rcookie WHAT DO YOU GUYS HAVE FOR US TONIGHT?

    rcookie says GE DU...BGG

    cjquade54 says to rcookie GE

    rcookie says GE CJ..

    BGG says GE everyone... RCookie

    rcookie says THOUGHT TO START OFF LOOK AT PARLIAMENT TODAY....EVEN THOUGH THEY ARE PRESENTING REMAINING CABINET REHUFFLE ON SATURDAY WITH ABADI TO BE PRESENT.....

    rcookie says TODAY PARLIAMENT
    VOTED ON HASSAD SINEAD RESIGNATION AND SUBMIT FOR REPLACEMENT CANDIDATE...
    1ST READING AVOIDANCE DOUBLE TAXATION LAW...
    1ST READING IRAQI NATIONAL PARALYMPIC COMMITTEE ACT...


    BGG says Comment??

    rcookie says DRAFT DISCUSSION TAX ON INCOME & CAPITAL BETWEEN IRAQ & IRAN...
    DRAFT DISCUSSION 2ND AMENDMENT TO CHAMBER OF COMMERCE LAW NO 43 (1989)...
    DRAFT DISCUSSION IRAQ ACCESSION FOR INTERNATIONAL PREVENTION OF POLLUTION FROM SHIPS...QUARTERLY REPORT COMMITTEE RELIGIOUS ENDOWMWNTS & AFFAIRS...


    Hutch says BGG GO

    BGG says On the Hassan Sinead thing - that was a "resignation" BUT

    BGG says they allowed him to tender a resignation AFTER the Fed Court sent their ruling that he was an illegal placement by Maliki. Just because Maliki wasn't there - he had no right to "assign" his seat...

    BGG says and while I don't agree with various "prognosticators" that Abadi dealt Maliki a "knockout blow" today...
    BGG says it was a very good day for Iraq.


    Hutch says RC COMMENT?

    rcookie says AGREED.....GREAT POINT BGG...

    rcookie says AND SETS THE STAGE FOR SOME INTERESTING PROGRESS FOR SATURDAYS UNIFIED SESSION.....

    BGG says (keep in mind... I was on an island alone saying Maliki wouldn't get a third term... it's not like I've got some "thing" for him... I don't - I just don't see it that way - YET. Soon.

    rcookie says HIS FREE TIME IS COMING TO AN END..

    BGG says to rcookie Roger that - lots shaping up for the next few days - whether or not they finalize the New Abadi Cabinet...

    BGG says to rcookie there have been an amazing number of judicial and political defeats handed to Maliki.

    BGG says to rcookie Were those charges against Maliki published this week not STUNNING??


    rcookie says AND THE SITTERS APPEAL IN FEDERAL COURT....

    BGG says to rcookie They have been "slam dunked" once already.

    rcookie says TRUE AND INTERESTING DIFFERENTIAL OF CHARGES LEVIED AS COMMANDER IN CHIEF...AS WELL AS PRIME MINISTER...

    rcookie says AND THE REQUISITE JURISDICTIONS THAT WILL HEAR...


    Hutch says ANY QUESTIONS OR COMMENTS?

    BGG says I would be careful what you ask - I'll answer...

    BGG says you got me in that kind of mood.


    rcookie says OK....SO DA58 BROUGHT THIS IN TODAY...

    Hutch says ROGER THAT ! BE RIGHT BACK WITH MORE !

    rcookie says Iraq “one of the Biggest Investment Opportunities”
    April 28, 2016 in Blog,
    Construction & Engineering In Iraq, Investment, Iraq Oil & Gas NewsBy Padraig O’Hannelly.
    The United Kingdom’s Ambassador to Baghdad has said Iraq has the potential to become an economic force in the region, and encouraged British businesses to take advantage of the opportunities it presents.Addressing senior executives at the Iraq Britain Business Council (IBBC)‘s Spring Conference in London on Wednesday, H.E. Frank Baker OBE said that to achieve this, Iraq needs to realise its vision to implement substantive economic reforms and to rebuild key infrastructure and institutions, adding:“This economic reform cannot take place without developing the country’s private sector, because that in turn will help bring about stability and prosperity.“Despite all the challenges, Iraq offers one of the greatest investment opportunities in the region.”Referring to “stifling bureaucracy and corruption“, the Ambassador acknowledged that it is not a market for the faint hearted, but advised British enterprises with a “buccaneering spirit” take on the challenge.“Iraq will offer one of the biggest investment opportunities to UK companies in the first half of this century, but to do so, British business has to be prepared to manage the risks and to take chances.”

    UK AMBASSADOR TO IRAQ...STATES “IRAQ HAS THE POTENTIAL TO BECOME ECONOMIC FORCE IN THE REGION...WHILST ENCOURAGING UK BUSINESSES TO TAKE ADVANTAGE OF OPPORTUNITIES IT PRESENTS”.....

    rcookie says
    IBBC (IRAQ BRITISH BUSINESS COUNCIL) SPRING CONFERENCE...STATES THAT IN ORDER FOR IRAQ TO REALIZE ITS VISION...SUBSTANTIVE ECONOMIC REFORMS AND REBUILDING OF KEY INFRASTRUCTURE AND INSTITUTIONS NEEDED”....AND THE MORE TELLING STATEMENT....

    rcookie says
    “This economic reform cannot take place without developing the country’s private sector, because that in turn will help bring about stability and prosperity.

    rcookie says
    “Despite all the challenges, Iraq offers one of the greatest investment opportunities in the region.”

    rcookie says
    WHILE ACKNOWLEDGING REALISTIC CHALLENGES LIKE BUREAUCRACY & CORRUPTION....WHICH NEED TO BE UNDERSTOOD...

    rcookie says
    AND THE CLOSER..........

    rcookie says
    “Iraq will offer one of the biggest investment opportunities to UK companies in the first half of this century, but to do so, British business has to be prepared to manage the risks and to take chances.”

    rcookie says WOW!!!!!!!...

    rcookie says CATCH YOUR BREATH....

    Hutch says BGG?

    Hutch says COMMENT


    BGG says Only that my contacts - direct, personal, legitimate contacts have been saying the same since about 2011... THIS WILL BE BIG...

    BGG says the actual currency move will just signal the "opening of the gates"... there will be more opportunities - quickly.

    Hutch says ANY QUESTIONS OR COMMENTS EVERYONE?

    rcookie says CANT GET MUCH STRONGER ASSERTION OF CONFIDENCE THAN THAT.....

    larrykn says comment

    Hutch says to larrykn GO

    larrykn says I can see the opportunities to a country that at this time as nothing, any business that would come in should do quite well IMO

    subgirl says Comment

    Hutch says SUBBY GO

    subgirl says that is very exciting about the UK Companies!!

    Hutch says ANY OTHER COMMENTS OR QUESTIONS?

    rcookie says AGREED......BUT NOT POSSIBLE WITHOUTH THE HUGE RESTRUCTURING OF EVERY LANDSCAPE AND ENVIRONMENT
    ENGINEERED.....


    Hutch says I REMEMBER YOU TELLING US ABOUT ABADI HAVING THAT BACKGROUND

    rcookie says to subgirl AGREED SUBBY....AND THE UK INTEREST IS JUST THE TIP OF THE ICEBERG OF THE GLOBAL INTEREST....

    rcookie says to Hutch YES...REMEMBER ABADI HAS A PHD IN ENGINEERNG....FINANCE MINISTRY BACKGROUNG AND HEADED THE ECONOMIC DEVELOPMENT COMMITTEE OF MOF...

    rcookie says 2 DAY ECONOMIC FORUM....WITH MORE "NON OIL" ECONOMIC FOCUS IN KURDISTAN WITH ECONOMISTS SPEAKING TO IMPORTANCE OF DIVERSIFICATION IN LIGHT OF CURRENT CRISIS..

    rcookie says AND THINK ABOUT INTERNATIONAL SUPPORT BEING PLEDGED TO KURDS....IDC TODAY FOR ELECTRICITY DEVELOPMENT PROJECTS....US MILITARY SUPPORT FOR PESHMERGA....EQUIPMENT...ARMS...DRONES...


    Hutch says WOW RCOOKIE !

    Hutch says OK... ANY QUESTIONS OR COMMENTS ?

    mrjazzman66 says ?

    Hutch says to mrjazzman66 GO JAZZ

    mrjazzman66 says whats the latest on maliki??

    BGG says to rcookie I'll leave this one to you.

    rcookie says THE SITTER PROTESTORS HAVE FILED AN APPEAL IN FED COURT TO CHALLENGE LAST TUESDAYS PARL SESSION...

    rcookie says IT WILL FAIL...


    wvchsr says ?

    rcookie says HE IS RUNNING OUT OF OBSTRUCTION OPPORTUNITIES....AND THE GLOBAL SUPPORT FOR ABADI GROWS BY THE SECOND...

    Hutch says to mrjazzman66GREAT QUESTION !

    mrjazzman66 says Thank you

    Hutch says to wvchsr GO

    rcookie says YVW

    wvchsr says There is a new announcement on the CBI site regarding a special window for the sale of foreign currency deposits; any idea what this is about?

    Hutch says WOW WHAT A LEAD IN ...

    Hutch says RCOOKIE

    rcookie says SAW THIS MORNING AND FIRE BROUGHT TODAY...

    rcookie says HERE IT IS...

    rcookie says New CBI announcement

    04/28/2016 (Deposit RTGS) due to the performance of the decrees visit of Imam Musa al - Kadhim (AS) .. will be a window for the sale of foreign currency for 11 days, 10.9 Deposits 0.8 May / 2016 on Wednesday and Thursday 5.4 May respectively.

    rcookie says NOW....OTHER THAN THE ANNOUNCEMENTS OF THE CURRENCY AUCTION WINDOWS NOT BEING A DAILY OCCURENCE....I DONT RECALL THE CBI IDENTIFYING SPECIFIC DATES FOR THE AUCTIONS....

    rcookie says SO....VERY INTERESTING....WHY TELEGRAPH...WHY NOW...


    wvchsr says ty

    Baxter says ?

    Hutch says GREAT POINT !

    Hutch says to Baxter GO


    Baxter says What does Deposit RTGS.... refer to?

    rcookie says Real-time gross settlement systems (RTGS) are specialist funds transfer systems where transfer of money or securities takes place from one bank to another on a "real time" and on "gross" basis. Settlement in "real time" means payment transaction is not subjected to any waiting period.

    Hutch says to Baxter GREAT QUESTION

    Baxter says Ok... thx...

    rcookie says FIREFLY BROUGHT INTO CHAT EARLIER....

    Hutch says to BGG COMMENT .....

    rcookie says OK FOR ANYONE WHO MISSED YESTERDAY....THIS IS WHAT BGG WAS TALKING ABOUT EARLIER... CONCERNING ABADI TURNING HIS ATTENTION TO MALIKI AFTER THE CABINET RESHUFFLE.....

    mrjazzman66 says this is going to be good yeees

    rcookie says Close to him: Abadi, will resign from his party and the 8th bags that will be adjustable tomorrow

    rcookie says As I used the power of the Kurdish Peshmerga, a number of journalists who were inside the House of Representatives, and exceeded verbally abusive on Iraqi state television team.

    rcookie says SO....ABADI THINKING OF RESIGNING FROM DAWA PARTY....BECAUSE AFTER COMPLETING CABINET RESHUFFLE....HE IS OPENING MALIKI CORRUPTION FILES!!!!!!!

    rcookie says AND POSTED YESTERDAY THE COMPLETE LISTING OF CHARGES (ALONG WITH LINK) WAITING FOR OLE NOURI FILED FROM MARCH 2015....

    rcookie says 16 PAGE FILING OF CHARGES TO PUBLIC PROSECUTOR....SOME CHARGES WILL BE HEARD BY MILITARY JUSTICE COURT....

    rcookie says National Center for Legal and Judicial Research and Studies

    rcookie says Judge Raheem Hassan Al Igeeli SECRETARY GENERALSecretary-General
    Attorney Kamel El Hassani
    DEPUTY SECRETARY GENERAL

    Hutch says HOW FAR BACK DO SOME OF THE CHARGES GO?

    eman4u55 says Kamel

    rcookie says THEY ARE ACTUALLY BROKEN UP BY HIS TENURE AS COMMANDER IN CHIEF....AND PRIME MINISTER ALONG WITH THE JURIDICTIONS THAT WILL HEAR TRIALS......SOME WILL BE IN MILITARY COURT.

    Hutch says ANY QUESTIONS OR COMMENTS?

    rcookie says ABADI STATING PUBLICLY HE IS GOING AFTER MALIKI CORRUPTION FILES....

    woodywoodpecker says ?

    rcookie says PABLO MUST HAVE FAINTED.......

    larrykn says why not all at once let him face them all an get over with it

    rcookie says AND REMEMBER THE FEDERAL COURT....AMNESTY...ACCOUNTABILITY & JUSTICE LAWS ARE ALL CUED UP JUST WAITING FOR HIM.......AGAIN....VERY WELL ENGINEERED.....

    Hutch says to woodywoodpecker GO WOODROW

    woodywoodpecker says did anybody answer about those dates in May

    rcookie says YES....I STATED THAT IT IS VERY CURIOUS THAT THOSE DATES ARE BEING TELEGRAPHED AS SPECIFIC AUCTION WINDOW DATES......I HAVE NOT SEEN THAT BEFORE......AND THE QUESTION IS...WHY ARE THIS DATES BEING SINGLED OUT....WHY NOW...

    woodywoodpecker says ok thanks

    rcookie says WE KNOW THE CBI HAS STATED IN INK THEIR INTENTION OF BRINGING THE AUCTION SALES DOWN 50% IN 2016 AGAINST 2015 NUMBERS...WHICH WERE $44 BILLION.....SO WE ARE LOOKING AT A GOAL OF $22 B FOR 2016...

    rcookie says THAT REPRESENTS AN OVERALL 75% REDUCTION IN 24 MONTHS....

    rcookie says to woodywoodpecker YVW.


    Hutch says to rcookie WOW!

    Hutch says OK EVERYONE.... ANY QUESTIONS OR COMMENTS?

    Hutch says WHATS NEXT RCOOKIE?


    rcookie says Wadih Bitter melon: the central bank will solve the problem of citizens' deposits in private banks

    rcookie says The head of the Association of private banks in Iraq, Wadih Handal, that 95% of oil imports are deposited in state banks, pointing out that there is a financial mishaps in private banks.He said Wadih Handal, during his participation at the crossroads of the Middle East economy (Mary) in Erbil, the network Roudao media, "the private banks in the world are the backbone of life, and in Iraq do not receive government support, and 95% of oil imports are deposited in state banks, and did not take Iraqi private banks role for development. "He added, "an economic crisis in Iraq occurred and became there a financial mishaps in private banks, the central bank is seriously working to find solutions by giving them loans against collateral, and a portion of these loans will be resolved deposits of citizens, which caused part of the concern existing in the Iraqi market problems."Handal said, that "the central government does not give a large role for the private sector for sustainable development in the country," adding that he "must be on the private sector to take its role properly to achieve economic development in Iraq."The President of the Association of private banks in Iraq and Wadih Handal, the high price of the dollar, saying that "Iraq is passing through a war and everything is imported, industrial and agricultural ineffective sector in the country, and this has led to rising dollar prices."

    rcookie says THIS OUTLINES EXACTLY WHY THE WB AND IMF REQUIRED THE RECONSTRUCTION AND PRIVATIZTION OF THE 2 STATE OWNES BANKS.....THEY CONTROL 95% OF THE STATE REVENUES....COMPLETELY FAIL IN THE EXECUTION OF DEVELOPMENT PROJECT FUNDING.....AND CONTRIBUTE ALMOST NOTHING BACK TO GDP....THEY ARE DYSFUNCTIONAL AND COUNTERPRODUCTIVE TO A PRIVATE AND PROFIT & RESULTS DRIVEN SYSTEM....

    rcookie says AND AS REPORTED YESTERDAY BU FIREFLY...THIS PROJECTV IS NOW 97% COMPLETED....ABSOLUTELY HISTORICAL...AS IRAQ HAS BEEN STRATEGIZING AND EXECUTING THE RECONSTRUCTION AND PRIVATIZING OF 2 SOB’S WITH THE WB ASSISTANCE SINE 2006.....THATS 10 YEARS AND YOU ARE SEEING FRUITION IN APRIL 2016...THINK OF ALL THE RECENT NEWS ABOUT RAFDAIN AND RASHEED BRANCHES OPENING IN ALL PROVINCES OFFERING 1 STOP SHOPPING BANKING SERVICES....BANKING..LOANS..BONDS..STOCKS..CURRENC Y WINDOWS..IT IS HISTORY FOLKS!!!!!!


    Hutch says ANY QUESTIONS OR COMMENTS ?

    cjquade54 says comment

    Hutch says to cjquade54 GO CJ

    cjquade54 says they always said the restructuring was necessary for currency reform

    cjquade54 says of the 2 banks that is

    cjquade54 says now 97% done

    _firefly_ says World Bank Restructure the Rafidain and Rasheed in Order to Raise the Value of the Iraqi Dinar March 26, 2013

    rcookie says YES....AND TO PUT IN PERSPECTIVE THE COMPLEXITY OF THIS PROJECT IN ORDER TO FUEL THE PRIVATE SECTOR ECONOMY BEING EXECUTED OVER THE LAST 10 YEARS AND UNFOLDING IN FRONT OF OUR EYES......VERY EXCITING AND TELLING....

    daytrader says Comment

    Hutch says to daytrader GO DAY !

    daytrader says Can see where the loans to the banks is an attempt a assuring the depositors that funds will be available to withdraw, but think some form of depositor insurance would go further to give citizens a higher degree of comfort

    rcookie says WHAT SENSE WOULD IT MAKE TO REVALUE CURRENCY IN DYSFUNCTIONAL ENTITIES OWNED BY MOF...

    rcookie says to daytrader THEY ANNOUNCED IT YESTERDAY....DEPOSITOR INSURANCE TO GROW CONSUMER CONFIDENCE....

    daytrader says Missed that one. Thanks

    Hutch says to daytrader GREAT COMMENT

    rcookie says to daytrader AND REMEMBER THESE NEW RAFIDAIN AND RASHEED BRANCHES OPENING ALL OVER COUNTRY OFFER FULL 1 STOP SHOPPING BANKING...BANKING...LOANS...BNDS...STOCKS AND CURRENCY AUCTION WINDOWS...

    Hutch says OK COOKIE LETS WRAP THIS UP

    rcookie says OK ALL.....HERE IS A QUICK RECAP OF THE WEEK HEADING INTO EXCITING WEEKEND....

    rcookie says OIL IS UP $48.05...IMF GROWTH ESTIMATES TO 2.9%...INFLATION IN CHECK..."NON OIL REVENUE" GOALS BEING MET...LOANS PROCURED...BOND PROGRAMS SOLD OUT AT MAX....EURO BOND PROGRAM LAUNCHING IN JUNE (AS PER 2016 BUDGET)...RECONSTRUCTION LOANS (ALSO FROM BUDGET)...IDB (ISLAMIC DEVELOPMENT BANK)...JICA (JAPAN)...IFC (TODAYS ANNOUNCEMENT)...CHINA...US...AND EVEN THIS MORNINGS NEWS OF GDB (GERMAN DEVELOPMENT BANK)...97% COMPLETION OF RECONSTRUCTION & PRIVATIZATION OF SOB ( A COMPLEX WB PROJECT ONGOING SINCE 2006) ALONG WITH MASSIVE PROGRESS IN THE OTHER 192 SOE'S...


    eman4u55 says gn all

    rcookie says DEPOSITORS INSURANCE IMPLEMENTING IN PRIVATE BANKS TO DRIVE CONSUMER CONFIDENCE...OIL LICENSE CONTRACTS UNDER AUDIT...SUPERLATIVE PERFORMANCE IN IMF STAFF MONITORED PROGRAM...AND PREPARATION FOR SBA AND ACCEPTANCE OF ARTICLE VIII OBLIGATIONS.... CABINET RESHUFFLE COMPLETED ON SATURDAY WITH ABADI PRESENT...BIDEN SURPRISE VISIT TO BAGHDAD IS 3RD VISIT BY HIGH RANKING US OFFICIAL THIS MONTH...LARGEST SHIP IN IRAQI PORT THIS MORNING SINCE 1919...UNWAVERING REGIONAL &INTERNATIONAL SUPPORT FOR IRAQ REFORMS (G7 PENDING MAY MEETING)...ADDED TO INTENSE INTERNAL IRAQ CLERIC PRESSURE FROM SADR...MORE ISIS CASH DESTROYED AND VILLAGES LIBERATED SOUTH OF MOSUL...

    sassy says rcookie love the depositer insurance

    Hutch says ANY FINAL QUESTIONS OR COMMENTS?

    wilson6060 says ?

    jimplants says thank you for the news good night be blessed another excellent news day

    rcookie says to sassy SPELLS CONFIDENCE TO A SECTOR THAT NEEDS IT......

    sassy says rcookie very important as far as I am concerned

    rcookie says to jimplants HEY JIM....YVW.

    Hutch says to wilson6060 WILSON GO !!!

    wilson6060 says Do they think the cabinet reschuffle will be complete on Sat

    rcookie says to wilson6060 THATS WHAT ALL OF THE REPORTS ARE SAYING....AND THAT ABADI WILL BE PRESENT....

    _firefly_ says to wilson6060 IMO it will complete at the appointed time

    rcookie says to wilson6060 BUCKLE UP!!!

    wilson6060 says TYVM all

    Hutch says to wmawhite GOOD EVENING MR WHITE ! ANYTHING TO ADD?

    rcookie says THANKS EVERYONE!!!

    rcookie says THANKS BGG!!


    Hutch says THANK YOU ALL FOR COMING IN WITH GREAT QUESTIONS AND COMMENTS AND SPECIAL THANKS TO BGG, MR.WHITE, RCOOKIE AND ALL OF OUR COPIERS AND MODS FOR A ROCKING NEWSTIME!
    Last edited by Hutch; 04-29-2016 at 04:20 AM.



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