DTE says(6:37 PM):
Heavenly Father we Love You, we Thank You for Loving us. Thank You for Saving us.
Thank you for your Mercy, Grace, and Thank You for calvary,and the free Gift of Salvation.
Father we Pray for safety for our law inforcement all over the country. Lord they need
Your hand of protection.
Father we Pray that our country would once again be One Nation Under God,
and we know that Prayer is the only way it will happen. Father we put our Trust in You.
Lord please be with those who are ill and suffering, we raise them up to you Lord and Pray for
healing only you can provide.
Father I Pray for each individual here that they would find Peace,and Comfort in You.
Father we Thank you for all the Blessings we have recieved, and those to come.
Lord we Thank You for the Precious Blood of Jesus Christ our Lord and Savior, and we ask
that You would forgive us where we fail You,and help us to Love you more each day.
We give You all the Glory In Jesus Sweet and Precious Holy Name....AMEN



Hutch says(6:41 PM):
LETS START TONIGHT OUT WITH THE PARLIAMENT SECTION FIRST

Hutch says(6:42 PM):
PARLIAMENT


rcookie says(6:42 PM):
SHOULD BE SHORT RIGHT..............NOT!!


Hutch says(6:42 PM):

PALIAMENT LEGAL COMMITTEE ANNOUNCES FEDERAL COURT LEGAL INCLUSION FOR PUBLIC VOTE ON GENERAL AMNESTY LAW NEXT WEEK AND JABOURI TO PUBLISH NAMES OF DEPUTIES WHO REFUSE TO VOTE WHILE DECLARING NATIONAL GUARD LAW NOT READY AT THIS TIME WITH MAJOR DIFFERENCES…

rcookie says(6:43 PM):
WOW SO YOU HAVE IN INK AMNESTY AND FED COURT READY AND DELAY ON NAT GUARD...WHICH WILL NOT HAPPEN...

wmawhite says(6:43 PM):
the committees continue to work regardless.


Hutch says(6:44 PM):

PARLIAMENT CALLS FOR NAMES SUBMITTED FOR COMMITTEE SELECTION TO AMEND THE IRAQI CONSTITUTION AND SUBMIT PROPOSAL FOR PUBLIC REFERENDUM…

rcookie says(6:44 PM):
GREAT POINT MR WHITE AND WE SHOULD ADDRESS ON CALL

wmawhite says(6:45 PM):
10-4


rcookie says(6:45 PM):
THIS IS HUGE AS UNDERPINNINGS FOR LAWS THAT REQUIRE CONSTITUTIONAL AMENDMENT ALREADY UNDER WAY!!!

rcookie says(6:46 PM):
THIS COMMITTEE WILL BE CHARGED WITH CHANGING IRAQI CONSTITUTION IN REGARDS TO SOME LAWS TO BE AMENDED...

rcookie says(6:46 PM):
AND PUT TO PUBLIC REFERENDUM


Hutch says(6:47 PM):
COMMISSION ON LABOR & SOCIAL AFFAIRS CALLING ON ABADI TO PASS PENSION LAW & SECURITY FOR WORKERS…


wmawhite says(6:47 PM):
Heck,....Iraq is following their constitution more than we do..........sad.


rcookie says(6:49 PM):
AGAIN AS MR WHITE MENTIONED....THESE ARE COMMITTEES ADDRESSING VARIOUS ISSUES ONGOING BASIS...

wmawhite says(6:49 PM):
More of the committees saying lets get this done.


Hutch says(6:50 PM):
HOR VOTED ON DRAFT LAW FOR UNIVERSITIES ELIGIBILITY TODAY…

rcookie says(6:50 PM):
AND OUTLINING THEIR ENGAGEMENT AND NEEDS..

rcookie says(6:50 PM):
JUST 1 OF LAWS VOTED ON AND OTHERS COMING WERE READ...

wmawhite says to Hutch(6:50 PM):
Just quickly............


Hutch says(6:51 PM):
YESSIR

wmawhite says to Hutch(6:51 PM):
HOR is the "House of Representatives".......their Parliament


Hutch says(6:52 PM):
PARLIAMENT COMMITTEE ON CULTURE & INFORMATION DISCUSS 4 CONTENTIOUS POINTS REDUCED TO 2 IN FREEDOM OF EXPRESSION & PEACEFUL PROTEST LAW…

rcookie says(6:52 PM):
YOU KNOW AKA SLACKER CENTRAL......LOL

rcookie says(6:53 PM):
SO 4 POINTS OF CONTENTION TO FREEDOM OF EXPRESSION LAW CUT DOWN TO 2...

Hutch says(6:53 PM):
AFTER THIS ONE, WE ARE GOING TO BREAK FOR QUESTIONS OR COMMENTS.... GET THEM READY !


Hutch says(6:54 PM):
HOR VOTES ON 3 BILLS (PRESENCE OF 200 DEPUTIES) GENERAL AUTHORITY ACT TO ENSURE PROVINCIAL RIGHTS/DRAFT LAW ON CIVIL UNIVERSITIES & COLLEGE/PROJECT INTEGRATING MINISTRIES/DISCUSSION ON IMPROVING MIDDLE SCHOOL RATES/1ST READING DRAFT LAW TRANSFER OF SENTENCED PERSONS BETWEEN IRAQ & BRITAIN & NORTHERN IRELAND PLUS COMMITTEES TO DISCUSS KARRADA BOMBING INVESTIGATION AND FOLLOW UP SUPPORT FOR VICTIMS IN PRIVATE SESSION....


rcookie says(6:55 PM):
WOW.....THINK THEY WERE BUSY TODAY....JUST AS YESTERDAY.......


rcookie says(6:56 PM):
INCLUDING PRIVATE SESSION ABOUT KARRADA...


Hutch says(6:56 PM):
THEY ARE CHOPPING AWAY AT IT !


Hutch says(6:56 PM):
WOW LOTS OF NEWS ! ANY QUESTIONS OR COMMENTS ?


david334 says(6:57 PM):
?


subgirl says(6:57 PM):
REMEMBER TO put up a ? Mark for questions and for comments!! :) THANKS!


Hutch says(6:57 PM):
GOOD EVENING DAVID ! WHATS YOUR QUESTION?


david334 says(6:57 PM):
Off topic a bit but Sadhr hostile comments on US troops?


rcookie says(6:57 PM):
HEY DAVID!!...


david334 says to rcookie(6:58 PM):
Hi RCOOKIE do you think he is a threat?


rcookie says to david334(6:58 PM):
HAVE YOU READ THE CHILCOT REPORT.....REASON TO BE A LITTLE SALTY...DO YA THINK....


wmawhite says to david334(6:58 PM):
He is no different than Jesse Jackson........he plays to the street.........if he isn't tellinghis followers something......then he has no followers.

david334 says to rcookie(6:59 PM):
Thanks


Hutch says(6:59 PM):
EXCELLENT POINTS

rcookie says to david334(6:59 PM):
AND HE COUNTERBALANCES MALIKI....THEY'RE NOT BUDS!!


david334 says to rcookie(6:59 PM):
Cool


Hutch says(6:59 PM):
ANY OTHER QUESTIONS OR COMMENTS ? BEFORE WE MOVE ON

Hutch says(7:00 PM):
OK CONTINUING WITH THE PARLIAMENT SECTION.......

Hutch says(7:00 PM):
READY GUYS?

rcookie says(7:00 PM):
YES SIR


Hutch says(7:00 PM):
LABOR MINISTER SUDANI & PRESIDENT OF FEDERATION OF INDUSTRIES ANNOUNCES PLAN T DEVELOP “MICRO CREDIT” PROGRAM TOWARD ESTABLISHMENT OF PRIVATE SECTOR INDUSTRIAL PROJECTS…

rcookie says(7:01 PM):
WOW.....LABOR MINISTER ANNOUNCING MICRO CREDIT PEOGRAM FOR PRIVATE SECTOR INDUSTRIAL PROJECTS...


wmawhite says(7:01 PM):
More innovation coming from where?????
Outside of Iraq from whom????

wmawhite says(7:01 PM):
The investors......

wmawhite says(7:02 PM):
done


Hutch says(7:02 PM):
NATIONAL COALITION TO HOLD REGULAR MEETING TO DISCUSS REGIONAL & NATIONAL DEVELOPMENTS…


rcookie says(7:02 PM):
AND THEY ARE TALKING OF ARAB COALITION TOWARD THE SAME....


wmawhite says(7:04 PM):
Iraq is begining to pull together the "REGION".................

wmawhite says(7:05 PM):
The regional business leaders see what is happening


Hutch says(7:05 PM):

CITIZEN BLOC REP SHAWKI REVEALS NAMES OF 19 MP’S FOR REMOVAL OF IMMUNITY IN PREVIOUS SESSION WITH 3 REMAINING NEEDED FOR CURRENT SESSION DUE TO VIOLATON OF ABSENCES RULES.…

rcookie says(7:05 PM):
WE HAVE HEARD A LOT ABOUT THIS IN LAST WEEK OR SO.....JABOURI IN HOT PURSUIT OF MP'S IN VIOLATION OF ABSENCE LIMITS...

rcookie says(7:06 PM):
16 FROM PREVIOUS SESSION......3 CURRENT...


wmawhite says(7:06 PM):
jabouri carries a big stick


rcookie says(7:06 PM):
HOLDING FEET TO THE FIRE OF HIGHER STANDARDS.....INSTITUTIONAL STABILITY.....

rcookie says(7:07 PM):
A PURSUADER...


Hutch says(7:07 PM):
LAST ONE IN THE PARLIAMENT SECTION AND THEN QUESTIONS AND COMMENTS BREAK


Hutch says(7:07 PM):

PARL INTEGRITY CHAIR ZOBAIE ANNOUNCES THE EXISTENCE OF A NUMBER OF CORRUPTION FILES OF MINISTERS AND MINISTRIES THAT WILL BE REVEALED IN THE COMING DAYS…

wmawhite says(7:08 PM):
changing the culture.............


rcookie says(7:08 PM):
SO MORE CORRUPTION ABOUT TO BE OUTTED!!...

rcookie says(7:09 PM):
AND THERE WERE FIGURES WE WILL SEE THAT REVEAL THE NUMBERS IN 1 PROVINCE....HOLY ^*()$

Hutch says(7:09 PM):
MORE GREAT NEWS !!!! ANY QUESTIONS OR COMMENTS ?

david334 says(7:09 PM):
?


jimplants says(7:09 PM):
comment


Hutch says(7:09 PM):
GO JIM

Hutch says to david334(7:10 PM):
YOURE NEXT

jimplants says(7:10 PM):
this is the GCC FORMING

david334 says(7:10 PM):
Jabouri is a Sunni?


wmawhite says to jimplants(7:10 PM):
Possibly with Iraq leading the way......

wmawhite says to david334(7:10 PM):
Yes


jimplants says(7:11 PM):
they are the head if i recall


Hutch says(7:11 PM):
ANY OTHER QUESTIONS OR COMMENTS ?


david334 says(7:12 PM):
?


Hutch says(7:12 PM):
GO DAVID


david334 says(7:12 PM):
interesting a sunni has so much clout


Hutch says(7:12 PM):
NEXT SECTION

Hutch says(7:13 PM):
GENERAL


wmawhite says to david334(7:13 PM):
Part of the original power sharing agreement

wmawhite says to david334(7:13 PM):
Plus, it is in the constitution


david334 says to wmawhite(7:13 PM):
Okay thanks MR White


wmawhite says to david334(7:13 PM):
yw


Hutch says(7:14 PM):
NEXT SECTION
GENERAL

Hutch says(7:14 PM):
BAGHDAD MUNICIPALITY DISCUSS PROPOSAL TO CLOSE KARRADA STREET PERMANTLY TO AUTO TRAFFIC…


rcookie says(7:14 PM):
THIS IS OBVIOUSLY AN ISSUE THEY ARE BEYOND PREOCCUPIED WITH AS IT CONCERNS SAFETY OF CITIZENS

rcookie says(7:15 PM):
THEY MAY SHUT DOWN TO FOOT TRAFFIC ONLY...


rcookie says(7:16 PM):
AND THERE WERE ANNOUNCEMENTS TODAY THAT 16 OF THE 40+ MOBILE EXPLOSIVE DETECTION UNITS WERE DEPLOYED THROUGHOUT BAGHDAD!!


Hutch says(7:16 PM):
THIS NEXT ONE WAS A TOPIC IN THE CHATROOM TODAY

Hutch says(7:16 PM):
MALIKLI TRAVELS TO SULAYIMANIYAH TO MEET WITH “CHANGE” AND POLITICAL LEADERS OF PATRIOTIC UNION…

rcookie says(7:18 PM):
IN ADDITION TO THROWING SOME BARBS SADRS WAY....HE SPOKE OF BAGHDAD NOT BEING RESPONSIBLE FOR REGIONAL SALARIES AND KURDS IRREGULARITIES IN FOREIGN OIL SALES...


Hutch says(7:19 PM):
FRONT REFORM STATING TIME FOR EARLY DISMISSAL OF 3 PRESIDENCIES…


rcookie says(7:20 PM):
BEATING SAME DRUM....BLAH BLAH


wmawhite says to Hutch(7:20 PM):
Very typical within the Parliamentary system..........always calling upon the current government to be replaced


Hutch says(7:20 PM):
JAFAARI OPENS IRAQI CONSULATE IN US CITY OF DETROIT…

Hutch says(7:21 PM):
MOTOR CITY SHAKEDOWN !!!


rcookie says(7:21 PM):
IN DETROIT.....WHAAAAAAAAAAAT......


wmawhite says to Hutch(7:21 PM):
Hmmmmmmmmmmmmmmmmmmmm


rcookie says(7:22 PM):
OR THE NEW MOTOWN GROUP THE BAGHDAD 5.....


jtank says(7:22 PM):
lol


wmawhite says(7:22 PM):
Their own record label


Hutch says(7:22 PM):
LOL READY ?
INT’L CONFERENCE THIS COMING WEEKEND IN WASHINGTON FOR SUPPORT TOWARDS RESETTLING OF DISPLACED IN LIBERATED AREAS THROUGH SERIES OF GRANTS.....


jimplants says(7:23 PM):
GRANTS MORE MONEY


rcookie says(7:23 PM):
OK.......WE WILL SEE LATER THE UN IS LOOKING TO RAISE $2 BILLION FOR SUPPORT OF THE FORCASTED DISPLACED AWAY FROM MOSUL OPERATIONS


wmawhite says(7:24 PM):
UOPM.........using other peoples' money


rcookie says(7:24 PM):
OVER 1 MILLION ADDITIONAL PROJECTED...


rcookie says to wmawhite(7:24 PM):
:D


Hutch says(7:24 PM):
MOD OBEIDI HEADS TO WASHINGTON TO PARTICIPATE IN INTERNATIONAL COALITION ON COMBATING ISIS…


rcookie says(7:25 PM):
THIS SPEAKS LARGER ABOUT MOD TAKING TIME OUT TO VISIT WASHINGTON IN MIDDLE OF WAR....


wmawhite says to rcookie(7:27 PM):
The situation is well under control........the Marines have landed...........


rcookie says(7:27 PM):
AGREED!!..


Hutch says(7:27 PM):
ONE MORE THEN...... QUESTIONS AND COMMENTS ! BE READY !!!

Hutch says(7:28 PM):
IRAQ REFUSES TO ABOLISH THE DEATH PENALTY AND PROCEEDS WITH FILES OF 20 TERRORISTS…


rcookie says(7:28 PM):
THIS WAS IN DIRECT RESPONSE TO UN COMMENTS TO SLOW DOWN ON THE PLANNED EXECUTIONS OF CONVICTED TERRORISTS....


Hutch says(7:29 PM):
MORE GREAT NEWS OF THINGS HAPPENING ! ANY QUESTIONS OR COMMENTS ???????


rcookie says(7:30 PM):
COME ON DU..BRING EM!!


david334 says(7:30 PM):
Obiedi is the sec of state ? I apologize ahead of time


wmawhite says(7:31 PM):
Minister of Defense


rcookie says(7:31 PM):
LOTS OF UN INVOLVEMENT BETWEN TRANSFER OF POWER...WORLD HERITAGE...AND OVERSIGHT OF HUMAN RIGHTS ISSUES...


wmawhite says to rcookie(7:31 PM):
or is he Interior.......which?


rcookie says(7:31 PM):
DEFENSE


wmawhite says to rcookie(7:31 PM):
ok


rcookie says(7:32 PM):
GHABBAN WAS INTERIOR THAT JUST GOT FIRED BECAUSE OF KARRADA...


rcookie says(7:32 PM):
THATS WHAT SPEAKS...THE MOD TAKING BREAK IN MIDDLE OF WAR TO VISIT WASH...


david334 says to subgirl(7:33 PM):
?


rcookie says(7:33 PM):
YOU CAN HEAR THE 50K TROOPS SURROUNDING MOSUL WATCHING HIS PLANE TAKE OFF SAYING WHERE THE HELL DO YOU THINK YOU'RE GOING.....LOL


Hutch says(7:34 PM):
OK CONTINUING ON WITH THE GENERAL SECTION


david334 says(7:34 PM):
Not a BGG MOD


Drewsters Millions says(7:35 PM):
?


Hutch says to Drewsters Millions(7:35 PM):
GO


Drewsters Millions says(7:35 PM):
I also read that china was gonna donate money for the displaced as well?


rcookie says(7:35 PM):
YES DIGI AS WEVE KNOWN FOR SOMETIME NOW WORKS AS DEFENSE MINISTER IN HIS SPARE TIME

rcookie says(7:36 PM):
CHINA GAVE $170 MILLION AND WILL COME IN INSTALLMENTS....


rcookie says(7:36 PM):
DREWSTER ROCKIN THE NEWS!!!


Hutch says(7:36 PM):
SAY WHEN RC..... AND MR WHITE.....


Drewsters Millions says(7:37 PM):
lots of money moving in country(y)(handshake)


wmawhite says(7:37 PM):
lets move on


Hutch says(7:37 PM):
OK CONTINUING ON WITH THE GENERAL SECTION

Hutch says(7:37 PM):
IRAQ SIGNS AGREEMENT WITH CHINA TO RECEIVE #170 MILLION FOR CARE & SUPPORT OF THE DISPLACED…

Hutch says(7:37 PM):
LOL


Hutch says(7:37 PM):
DREWSTER AHEAD OF THE GAME


rcookie says(7:37 PM):
BREWSTER=THE GREAT KARNAK.....


Drewsters Millions says(7:38 PM):
lol


Hutch says(7:38 PM):
NEXT ONE

Hutch says(7:38 PM):
PLANNNG REPORTS IRAQ POPULATION NOW AT 36 MILLION PEOPLE…


rcookie says(7:38 PM):
SO WITH THOSE #'S MORE THAN 10% DISPLACED

rcookie says(7:39 PM):
THINK ABOUT THAT NEXT TIME YOU SEE INFLATION AND THE 10.3 % GROWTH NUMBERS THEY ARE PREDICTING...


Hutch says(7:40 PM):
I LIKE THIS NEXT ONE !

Hutch says(7:40 PM):
ISIS QUIETLY PLANNING FOR END OF CALIPHATE…


rcookie says(7:40 PM):
THE WRITING IS AND HAS BEEN ON THE WALL!!....

rcookie says(7:41 PM):
GONNA NEED A NEW PLACE TO CALL HOME...


Hutch says(7:41 PM):
DHI QAR ANNOUNCES NEED OF 1400 MW ELECTRICITY TO PROVIDE 24 HOUR SERVICE AND LOOKING FOR EARLY RELEASE OF 2017 BUDGET FUNDS TO SUPPORT ANTIQUITIES & MARSHES EFFORTS TOWARD WORLD HERITAGE ANNOUNCEMENT AND JABOURI CALLING TO ACTIVATE ALL TOURISM PROJECTS IN MARSHES…

Hutch says(7:42 PM):
BIG NEWS !

Hutch says(7:42 PM):
ALSO ANBAR TRIBES REPORT ONLY 10% OF LAND OCCUPIED BY ISIS…


rcookie says(7:43 PM):
WITH MARSHES ADDED TO WORLD HERITAGE....THEY WILL GET HIGH PRIORITY STATUS FOR DERVICES AND FUNDING....REMEMBER LAST YEAR MORE THAN 5.5 MILLION TOURISTS & RELIGOUS PILGRIMS....


rcookie says(7:44 PM):
SOMEBODY BETTER BREAK THE NEWS TO WOLF BLITZER!.....


david334 says(7:44 PM):
LOL


Hutch says(7:44 PM):
INSPECTOR GENERAL & INTERIOR ANNOUNCE ARREST OF INDIVIDUALS EMBEZZLING 100 BILLION IQD THROUGH RASHEED BANK OFFICER BY PHONY CBI LOAN PROCESSING THROUGH FICTITOUS PERSONS…


rcookie says(7:45 PM):
SO CONTINUED DILIGENCE IN PURSUIT OF CORRUPTION....

rcookie says(7:45 PM):
AND FURTHER PROOF THAT IF THERE IS AN OPPORTUNITY TO STEAL THEY WILL FIND IT....


Hutch says(7:47 PM):
SADR DISTANCING HIMSELF FROM MASSES DEMONSTRATION ORGANIZATION AND LEAVES TO SELF DETERMINATION EMPOWERMENT AND THREATENS US FORCES GROUND PARTICIPATION…


rcookie says(7:47 PM):
NOW THATS A HOT ONE.....

rcookie says(7:47 PM):
SADR SAYS YOU'RE ON YOUR OWN...


wmawhite says to rcookie(7:48 PM):
make up his mind.........

wmawhite says to rcookie(7:48 PM):
listen to me and then you are on your own,............wow


rcookie says to wmawhite(7:49 PM):
:D


Hutch says(7:49 PM):
ONE MORE AND THE QUESTIONS OR COMMENTS BE READY !

Hutch says(7:49 PM):
MALIKI STATES REGIONAL SALARIES NOT THE RESPONSIBILITY OF BAGHDAD AND ASSERTS OIL DELIVERY IRREGULARITIES FROM KURD REGION…


rcookie says(7:50 PM):
GOOD OLE FRED FLINSTONE..


wmawhite says to rcookie(7:50 PM):
That is from when he was PM and made agreements with the Kurds........


Hutch says(7:51 PM):
WOW ! LOTS OF NEWS ! ANY QUESTIONS OR COMMENTS ??????


Drewsters Millions says(7:51 PM):
?


Hutch says to Drewsters Millions(7:51 PM):
GO


rcookie says(7:51 PM):
COME ON DU...


daytrader says to Hutch(7:51 PM):
Comment

Drewsters Millions says(7:52 PM):
with them entering the world heritage lists. what are your thoughts on the these new commemmoritive bank notes?


wmawhite says to Drewsters Millions(7:52 PM):
This came about after the parliament and the GOI ratified the United Nations Educational, Scientific and Cultural Organization "UNESCO" requirements. Iraq then requested for the inclusion of the ancient cities and the marshes in the south to be placed on the World Heritage List.

This is the action of a country that believes it has a future and it wants its heritage recognized as well as protected. Good for them.

rcookie says(7:53 PM):
OBVIOUSLY SOMETHING THAT HAS BEEN PLANNED.....INTERESTING TO SEE IF DENOMINATED....

rcookie says(7:53 PM):
CBI MADE ANNOUNCEMENT SAME DAY AS UN ....


wmawhite says to Drewsters Millions(7:54 PM):
Still...commenorative notes of a currency that is got used by its own country in paying its own bills????????????????


Hutch says to daytrader(7:54 PM):
GO


daytrader says to Hutch(7:54 PM):
To put Iraq’s population of 36 million in perspective, that is more than the population of any state in the U.S. except California which has 39 million.


rcookie says to daytrader(7:54 PM):
GREAT POINT...


Hutch says to daytrader(7:55 PM):
WOW GREAT PERSPECTIVE

Hutch says(7:55 PM):
OK MOVING ON READY GUYS?


rcookie says(7:56 PM):
YEP


Hutch says(7:56 PM):
ALEXANDRIA COURT DECLARES REVIEW OF 100 CASES PER DAY AND 1700 CASES PER YEAR IN BABYLON AS THE NATIONS HEAVIEST JUDICIAL LOADS…


rcookie says(7:56 PM):
LOOK AT THOSE NUMBERS....


wmawhite says to Hutch(7:56 PM):
busy beavers


rcookie says(7:56 PM):
100 CASES PER DAY


Hutch says(7:56 PM):
WOW


rcookie says(7:56 PM):
SLACKERS


Hutch says(7:56 PM):
LOL

Hutch says(7:57 PM):
NEXT

Hutch says(7:57 PM):
SADR STATES FREEDOM OF EXPRESSION LAW WILL NOT TAKE APPROVAL OF CORRUPT TO DEMONSTRATE AGAINST THE CORRUPT…


wmawhite says to Hutch(7:57 PM):
shut up and go back to Iran............


rcookie says(7:57 PM):
THE SALTIEST HUMAN ON EARTH....


Hutch says to wmawhite(7:58 PM):
LOL

Hutch says to rcookie(7:58 PM):
HE MAY HAVE HIS OWN COMMERCIALS ON TV ....

Hutch says(7:59 PM):
UN KUBIS AND NUMEROUS WORLD LEADERS CONGRATULATE ABADI AND IRAQI CITIZENS ON ANNOUNCEMENT OF INCLUSION “PRESTIGIOUS STATUS” TO WORLD HERITAGE LIST…


rcookie says(7:59 PM):
HE LOOKS LIKE THE BISHOP ON MY CHESS BOARD....

rcookie says(7:59 PM):
THIS IS GOING TO BE SO HUGE FOR THEIR TOURISM SECTOR......


wmawhite says(7:59 PM):
This is the action of a country that believes it has a future and it wants its heritage recognized as well as protected. Good for them.


jimplants says(8:00 PM):
the UN needs to release the stinking rate


rcookie says(8:00 PM):
AND THEIR ARE COMPLIANCE INITIATIVES THEY MUST MAINTAIN TO KEEP THEIR STATUS...


wmawhite says to jimplants(8:00 PM):
The UN is not holding the rate.


Hutch says(8:01 PM):
IRAQ AND FRENCH OFFICIALS DISCUSS BUILDING NEW EDUCATIONAL SYSTEMS FROM GROUND UP….


jimplants says(8:01 PM):
my bad


wmawhite says(8:01 PM):
More of the EU countries coming to Iraq.


Hutch says(8:02 PM):
BEFORE MOVING TO FINANCIAL SECTION ARE THERE ANY QUESTIONS OR COMMENTS?


kalis says(8:02 PM):
this is great by the way thank you


Hutch says(8:03 PM):
OK NEXT SECTION .....

Hutch says(8:03 PM):
INVESTMENT /BUSINESS/FINANCE

Hutch says(8:03 PM):

OIL FALLS TO $47.25….
AUCTIONS AT $159 MILLION DOLLARS…

wmawhite says(8:04 PM):
the auctions continue to show a need for USD injection into the economy.


Hutch says(8:04 PM):

CBI ANNOUNCES SALE OF 400 BILLION DINARS FROM TREASURY OF FORWARD SALE OF 2 BANKS AFTER APPROVALN OF MINISTRY OF FINANCE THAT ARE PART OF PROGRAM TO WITHDRAWL LIQUIDTY FROM BANKS & FINANCIAL ENTITIES THAT CAN AFFORD AND PROVIDE TO ABANDON LIQUIDITY AND GET A RETURN IN THE INVESTMENT PROCESS NATIONAL TREASURY ON A MONTHLY BASIS…

wmawhite says(8:05 PM):
I have no idea what they were trying to say.............


rcookie says to daytrader(8:07 PM):
DAY.......CARE TO OPINE...


david334 says(8:07 PM):
repurchase aggreements or swaps


wmawhite says to david334(8:08 PM):
If that is so....hmmmmm,....it was in dinars


daytrader says to rcookie(8:08 PM):
IMO this is the sale of bonds by the MOF to those banks that have excess liquidity. There are probably only a few banks that this would fit. The bonds would still count as reserves, and it helps the velocity of money by getting it back into the hands of Iraqi's


rcookie says to jimplants(8:09 PM):
VELOCITY AND ADDRESSING MARKET LIQUIDITY...

rcookie says(8:10 PM):
AND I THINK SPEAKS TO REDUCING THE NOTECOUNT INITIATIVE....


wmawhite says to daytrader(8:10 PM):
this is good..............more positioning

daytrader says to wmawhite(8:11 PM):
And it's monthly


wmawhite says(8:11 PM):
yepper


Hutch says(8:11 PM):
WORKSHOP FOR BASEL II & III COMPLIANCE OF ICAAP (INTERNAL CAPITAL ADEQUACY ASSESSMENT PROCESS) IN SYRIA NEXT WEEK JULY 25-28TH FOR NEW REQUIREMENTS OF FINANCIAL INSTITUTIONS AND PILLAR I AND PILLAR IIMINIMUM CAPITAL REQUIREMENTS INCLUDING STOCKHOLDERS AND SUFFICIENT RISK ASSESMENT & MANAGEMENT AND MITIGATION SYSTEMS TO MINIMIZE CAPITAL REQUIREMENTS AND INCLUDE STRESS TESTING TECHNIQUES AND ROLE OF BOARD MEMBER MGMT & INVOLVEMENT…


rcookie says(8:12 PM):
OK I THOUGHT THIS WAS BIGGEST STORY OVER WEEKEND!!!....WITHOUT A DOUBT..


wmawhite says(8:12 PM):
All attendees are required to have their own helmuts and flank jackets


wmawhite says(8:13 PM):
Folks,...it is in Syria!!!!


angus says(8:13 PM):
?


Hutch says to wmawhite(8:13 PM):
WHY THERE?


wmawhite says(8:13 PM):
Rotation among countries


Hutch says to wmawhite(8:14 PM):
OK


rcookie says(8:14 PM):
I HAVE POSTED THIS PREVIOUSLY BUT WORTY AGAIN IN UNDERSTANDING THE IMPORTANCE.....AND I PROMISE YOU THIS WILL BE ALL OVER DINARLAND.....WAY LATE...BUT NONE THE LESS


rcookie says(8:14 PM):
HANG TIGHT ...HERE IT IS...

rcookie says(8:15 PM):
Checklist Description

This checklist outlines the role, functions, and requirements of the Internal Capital Adequacy Assessment Process (ICAAP).


rcookie says(8:15 PM):
Understanding the Internal Capital Adequacy Assessment Process (ICAAP)

rcookie says(8:16 PM):
Definition
Under Basel II, ICAAP is a new requirement for financial institutions, requiring the following assessments:


Pillar I minimum capital requirements;

the extent of total stockholder funds required to meet a firm’s strategy and maintain minimum capital requirements;

ensuring that material risks of the firm are understood by its board, and that there is sufficient and appropriate risk management.

Four crucial elements in any ICAAP are:

assessment (identification and measurement) of the risks a bank is, or may be, exposed to;

application of mitigation techniques that may help to lower capital requirements;

stress-testing techniques;

role of the board of directors and management.

rcookie says(8:16 PM):
Pillar II requires that risks are presented to, and discussed by, the board to ensure its acceptance and understanding. Pillar II also requires a bank to maintain capital ratios and convince the regulator. Risk models and capital are only part of this. A financial institution must also consider any other internal risks that the firm may face which may result in losses such as fraud, rogue trading, or strategy failure.

The preparation of a capital plan should incorporate all risks, and requires the cooperation of, and collaboration with, the finance, treasury, business, and risk departments. Capital plans are usually based on a firm’s forecasts for growth, given the maintenance of a capital ratio.

rcookie says(8:16 PM):
The ICAAP should be customized for each firm, taking into account the particular risks and information available. The process usually consists of the following stages:

Identifying risks—List all material risks, interview staff in relevant departments, and assess the probability of risks occurring.

Assessing capital—How much capital would a risk require?

Forward capital planning—Assess how the capital calculated from the capital assessment might be altered by its business plan, i.e. perform stress and scenario analyses.

Conclusion—What are the ranges of capital identified, and how much internal capital should a firm hold?

rcookie says(8:17 PM):
Managers should also consider the following risks:

credit risk;

market risk;

operational risk;

liquidity risk;

insurance risk;

concentration risk;

residual risk;

securitization risk;

business risk;

interest rate risk;

pension obligation risk;

any other risks identified.

The ICAAP typically has the following structure:

executive summary;

background of the ICAAP process;

statement of firm’s attitude to risk;

business strategy;

risk assessment;

capital planning;

stress and scenario testing;

adoption of the ICAAP.

rcookie says(8:17 PM):
Banks tend to calculate the capital buffer they hold by simply extrapolating figures from previous events, instead of using a forecast risk profile. The ICAAP should clearly distinguish between a company’s regulatory capital, its actual capital, and the capital it needs to hold for business purposes. Using a newly developed ICAAP should provide firms with the best capital buffer required, and the best level of funds from stockholders. Risks are often considered by a bank, yet are not always reflected in strategic options and capital planning. ICAAP requires stress and scenario analysis to demonstrate risks at an enterprise level.

Firm managers must show that ICAAP is an integral part of its processes and demonstrate that senior management both supports and is engaged in the ICAAP. In addition, companies need to explain in detail how they will use the ICAAP as they move forward and how key risk indicators and economic capital indicators/assumptions can be updated and presented to the board of directors when required. ICAAP is still in its early stages—companies are being encouraged to embrace the process for the sake of their business rather than for purposes of regulation. Management should understand the positive benefits and strive, through ICAAP, to make the business more efficient and less risky.

rcookie says(8:18 PM):
THIS IS ALSO INVOLVED IN LOI AS WELLAS PART OF THE CBI STARTEGIC PLAN FOUND ON CBI WEBSITE!!....


Hutch says(8:19 PM):
WOW ! ANY QUESTIONS OR COMMENTS ?????


wmawhite says(8:19 PM):
Playing with the BIG BOYS!!!!


rcookie says(8:20 PM):
BIG BOY PANTS IN THE BIG BOY SANDBOX!!....


david334 says(8:20 PM):
?

Hutch says to david334(8:20 PM):
GO


david334 says(8:21 PM):
who put those structures together There is so much sophistocation

wmawhite says to david334(8:21 PM):
Outside influence???


Dinar Dave says(8:21 PM):
cookie did in his spare time

wmawhite says to david334(8:21 PM):
Possibly..........Europe........North America


david334 says(8:22 PM):
I know cookie and the IMF ? guidence Thats amazing

rcookie says(8:22 PM):
THESE ARE PART OF THE GLOBAL BANKING STANDARDS THAT IRAQ HAS NEVER BEEN ON PAR WITH UNTIL NOW......NOT 1 YEAR..3 YEARS...5NYEARS AGO...


rcookie says(8:23 PM):
COMPLETELY AMAZING PROGRESS...

rcookie says(8:24 PM):
AND AGAIN PREREQUISITE TO THE RECRUITMANT...CAPTURE AND MAINTENANCE OF SOPHISTICATED INTERNATIONAL BUSINESS AND INVESTMENT...


Hutch says(8:24 PM):
READY?


wmawhite says(8:24 PM):
next


Hutch says(8:25 PM):
BASRA GOVERNATE COUNCIL PROPOSES ESTABLISHMENT OF INTERNATIONAL CONFERENCE TO SUPPORT IRAQ’S ECONOMY UNDER AUSPICES OF UNITED NATIONS


wmawhite says(8:26 PM):
They know that they are getting ready to boom and they want to ensure it is in compliance with the UN


rcookie says(8:27 PM):
MR WHITE.....SO.....BASRA UNDER AUSPICES OF UNITED NATIONS IS ESTABLISHING INT'L CONFERENCE TO FUNNEL INT'L BUSINESS INTO REGION......

rcookie says(8:27 PM):
WHAAAAAAT.......


wmawhite says to rcookie(8:28 PM):
Can you say hello to the EU?

wmawhite says to rcookie(8:28 PM):
85+ companies


Idaho says(8:28 PM):
?


wmawhite says to rcookie(8:28 PM):
during 2016.......not 2017


rcookie says to wmawhite(8:29 PM):
YES SIR....


Hutch says to Idaho(8:29 PM):
GO


Idaho says(8:31 PM):
What about thieft risk...its what they do best


rcookie says(8:32 PM):
IT IS...HOWEVER UNDER THE MICROSCOPE OF SO MANY INT'L AGENCIES.....

rcookie says(8:32 PM):
AND THEY OBVIOUSLY NEED TO REBRAND.....


wmawhite says to Idaho(8:33 PM):
Do you think that the companies moving into Iraq are aware of that?


rcookie says(8:33 PM):
INSTILL CITIZEN CONFIDENCE AS WELL AS GLOBAL CONFIDENCE AND ..........S T A B I L I T Y !!!!

rcookie says to wmawhite(8:29 PM):
AND PORT OF FAW OPERATIONAL AT BEGINNNING OF 2017


Hutch says(8:34 PM):
WHAT A GREAT NEWSTIME ..... TUNE INTO "AFTER CHAT LIVE" !