Hutch says(6:39 PM):
THEN LETS START THIS OFF THE RIGHT WAY WITH SUBBY BRINGING IN ONE OF HER BEAUTIFUL PRAYERS !


subgirl says(6:39 PM):
Dear Heavenly Father, we come before you with a grateful heart. Lord thank you so much for all you do for us. Thank you for all who are here on this awesome site and may we learn so much from the news that is brought to us. Thank you for hutch, rcookie, and mr white as they bring us news to study and learn. Please Lord give them wisdom to be able to share their news in clear way of understanding. Lord we think of the ones who are sick and have cancer. Lord please bring down healing upon them. Complete healing that only you can bring. We thank you for what you have already done in so many lives here in this room. So Lord we pray right now for Kalis as he is having health issues and for his financial problems. Bring down healing upon his body Lord. We thank you for Wymutt’s great report of No cancer… and remember RickeyT to give him healing also. Lord we think of Tycho and her daughter in Iraq. Please Lord bring angels to guard her and all the troops in Iraq and may they come home very soon… Also keep Martha Sue in your prayers for strength in the new sorority that she is starting with this week an understanding and prayer for the ones she has left at the old sorority house. We’ll ask this in Jesus precious name. AMEN! And AMEN!!!!


subgirl says(6:44 PM):
NEWSTIME RULES APPLY : PLEASE REMEMBER TO PUT UP A ? WHEN ASKING A QUESTION AND THEN WAIT FOR A RESPONSE (PLEASE HAVE YOUR QUESTION READY) OR RESPOND WHEN AN “ANY COMMENTS” IS PUT UP. PLEASE BE RESPECTFUL ! IT MAKES THE COPIERS JOB EASIER. THANKS !!

Hutch says(6:45 PM):
OK LETS GET THIS GOING !


SRW says to subgirl(6:45 PM):
Can I question my comment?

Hutch says(6:46 PM):
THIS IS A RECAP OF TODAYS NEWS AND WILL BE DISCUSSED ON TONIGHTS CALL THAT STARTS AT 7:15 CST


SRW says to subgirl(6:46 PM):
Your no fun!!

Hutch says(6:46 PM):
PLEASE HAVE YOUR QUESTIONS READY

WE ARE IN NEWSTIME !

Hutch says(6:47 PM):

DU NEWS RECAP
WEDNESDAY AUGUST 10TH, 2016

GENERAL

GOLD AT 219,00 IQD TO THE WEIGHT…

AUCTIONS AT $150 MILLION…

ZEBARI PRESIDES OVER ECONOMIC AFFAIRS COMMITTEE ALONG WITH CBI GOVERNOR & CHAIR OF INVESTMENT AUTHORITY & INDUSTRY MINISTRY MEETING TO DISCUSS WINTER STRATEGY FOR BAGHDAD SERVICES PROJECTS WATER, SEWERAGE AS WELL AS PRIVATE SECTOR MEDICINE AND INDUSTRY…

ABDUL BARI ZEBARI ELECTED TO PARLIAMENT FOREIGN RELATIONS VOMMITTEE CHAIRMAN…

JAFAARI ANNOUNCES ESTABLISHMENT OF FOREIGN CONSULS IN BASRA PROVINCE INCLUDING US, RUSSIA, KUWAIT, IRAN AND EGYPT FOR ECONOMIC & POLITICAL FACILITATION…

NORWAY ANNOUNCES TOTAL RECONSTRUCTION SUPPORT TO IRAQ $10.6 MILLION FOR 2016…

Hutch says(6:48 PM):

SECURITY

ABADI DECLARES EDITING OF ISIS IN MOSUL NEAR WITH START OF 3RD AND FINAL PHASE AND PEOPLE WILL BE CELEBRTING SOON…

DEFENSE MINISTRY ANNOUNCES RECEIPT OF SURVEILLANCE & RECONNAISSANCE “WIRE” AIRCRAFT IN ADDITION TO 3RD MEAL OF F-16 COMBAT JETS…

ABADI ASSERTS THE USE OF AMERICAN AND IRANIAN CONSULTANTS TO LIBERATE MOSUL…

ASADI ASSERTS READINESS TO LIBERATE MOSUL AND HAWIJA AND AWAIT ABADI OEDERS…

SECURITY COMMAND ANNOUNCE COMMENEMENT OF LIBERATION OF AREAS BETWEEN SALAHUDDIN AND DIYALA…

INTERNATIONAL COALITION CONDUCTS 25 SORTIES IN IRAQ AND SYRIA…

US COMMANDER SEAN MCFARLAND ANNOUNCES THE KILLING OF 45,000 ISIS ELEMENTS IN IRAQ & SYRIA OVER PAST 2 YEARS & 25,000 IN LAST 11 MONTHS…

Hutch says(6:49 PM):
PARLIAMENT

REFORM FRONT MP JABOURI ASSERTS MONDAY WILL SEE THE WITHDRAWL OF CONFIDENCE FROM MoD OBEIDI…

JABOURI RETURNS TO REGULAR EXERCISE HIS DUTIES AND ROUTINE AS SPEAKER OF PARLIAMENT…

PARLIAMENTARY FINANCE REVEALS THE WASTE OF $500 BILLION FROM PREVIOUS YEARS AND ADMINISTRATIONS…

PARLIAMENT AGENDA TOMORROW INCLUDES FREEDOM OF EXPRESSIO LAW VOTE, 1ST READING OF 3RD AMENDMENT TO IRREGULAR PROVINCE ACT, & READ THE 4TH AMENDMENT TO LAW OF JOURNALISTS SYNDICATE, DISCUSS DRAFT AMENDMENT CARE OF MINORS LAW, AND LAW OF STATE BANKS….

PARLIAMENT INVESTMENT COMMITTEE NAMES KANANI AS CHAIRMAN TO REPLACING JAWAD BOLANI…

PARLIAMENTARY FINANCE CHAIRMAN HALBUSI WILL MEET TUESDAY WITH GOV’T OFFICIALS CONCERNING ANY OBSTACLES FACING ACHIEVEMENT OF INCREASING NON OIL REVENUES RU SUPPORT BUDGET & PREPARE REPORT THAT OUTLINE PROBLEMS & OBSTACLES INTERFERING WITH GOALS AND MEANS TO SOLVE THE PROBLEMS INCLUDING FINANCIAL & ECONOMIC POLICIES WITHIN THE MEMORANDUM WITH THE IMF AND CONVENTION FUND LOAN FOR IRAQ (SBA) AND HOST A PANEL OF SPECIALISTS & ADVISORS IN CoM AND CBI GOVERNOR, CHAIRMAN OF SUPREME AUDIT AND SALEH AND WILL INCLUDE JAPANESE LOAN DISCUSSIONS TO TO PRIORITY STATUS OF PROJECTS IN KURDISTAN REGION AND SET UP 3 SUBCOMMITTEES FOR INDEPENDENT BUDGETS TO HoR, SUPREME JUDICIAL COUNCIL & HUMAN RIGHTS COMMISSION AS WELL AS OIL LICENSING TOPICS RELATED TO 2016 BUDGET LAW…


Hutch says(6:49 PM):

BUSINESS/INVESTMENT/ECONOMY

MINISTRY OF CONSTRUCTION & HOUSING SIGN AGREEMENT WITH WORLD BANK TO REBUILD MUTHANNA BRIDGE IN BAGHDAD…

CBI ESTABLISHES STANDARDS OF 7 CRITERIA FOR SELLING OF FOREIGN CURRENCY AND THE BANKS CLASSIFIED INTO PARTICULAR CATEGORIES…

KUWAIT OFFICIALLY PARDONS IRAQS DEBT FOR THREE YEARS,…

CITIBANK RELEASES STATEMENT EXPRESSING “CONFIDENCE IN IRAQ’S INVESTMENT PROSPECTS” AND REITERATES “CITI ALREADY HAS AN ESTABLISHED RELATIONSHIP WITH BANK OF BAGHDAD, NATIONAL BANK OF IRAQ, TRADE BANK OF IRAQ, & KURDISH NATIONAL BANK & OUTLINED CITI AS 1ST GLOBAL BANK TO COMMIT ITSELF TO IRAQ DEVELOPMENT IN 2013 AND CALLED IRAQS ECONOMY “A SLEEPING GIANT” AND ADDED “IRAQS GROWTH WILL REFLECT PROGRESS ON RESTORING STABILITY” NECESSARY TO RESTORE ITS ECONOMY & CONTINUE TO SEE “LONG TERM OPPORTUNITIES TO OFFER OUR INTERNATIONAL SERVICES” IN A COUNTRY WITH HUGE ECONOMIC POTENTIAL AND PROSPECTS PROVIDING AN IMMENSE OPPORTUNITY AND FURTHER AVOWS “CITI IS IN IRAQ FOR THE LONG TERM AND INTENDS TO STAY THE COURSE” EWHILE ASSERTING NOT TO BE A SINGULAR FOCUSED TRADITIONAL BANKING SERVICES ENTITY BUT RATHER “ON GROUND RELATIONSHIP BUILDING COMPONENT OF REBUILDING IRAS INFRASTRUCTURE & MODERNIZATION INCLUDIN FINANCING THE PURCHASE OF BOEING AIRCRAFT PROJECT OF IRAQI AIRWAYS TRU CLOSE RELATIONSHIP WITH US IMPORT/EXPORT BANK (EXIMBANK) AND OUTLINES ONE OF CITI’S MOST IMPORTANT ROLES IS TO “RECONNECT IRAQ TO THE GLOBAL FINANCIAL MARKETS WHICH IT HAS BEEN ABSENT FROM FOR MANY YEARS” AND INTENTION TO WORK WITH CITI AND DEUTCH BANK TO MANAGE BOND ISSUES THROUGH MoF…

Hutch says(6:50 PM):

"Citi has confidence in Iraq’s investment prospects"
"Citi has already established close relations with the local Bank of Baghdad, National Bank of Iraq, Trade Bank of Iraq and also works with Kurdish International Bank."
Citi was the first global bank to commit itself to the development of Iraq when it opened a representative office in Baghdad in 2013. Despite the severe challenges which have become apparent over the last year, Mayank Malik, Citi’s Chief Executive for Jordan and Iraq states: “We are still positive about Iraq, particularly with its oil and potential gas production on a growth trajectory and with the country’s infrastructure rebuilding needs so apparent. The Iraqi economy is a sleeping giant and while the politics and security issues may take time to settle, it will awake.” Citi recognized that growth would reflect progress on restoring stability necessary to allow the country to rebuild its economy. “When we opened our office in Baghdad, we saw a long term opportunity to offer our international financial services in a country with huge economic potential and prospects providing an immense opportunity. That continues to be our view. We still see big opportunities,” Malik says.

Over the last two centuries the New York based bank has become one of the world’s largest and most experienced financial institutions, with a global reach extending to more than 100 countries. Therefore, the bank’s decision in 2012 to open in Iraq was taken in the full knowledge that building a business was going to be a long term commitment. “Iraq’s 2015 budget was approved within weeks and the new Prime Minister has succeeded in bringing different factions together and has focused on inclusiveness. The country has political stability,” he says. Even as the security situation has become more complex, Malik maintains that in terms of the economic potential nothing has changed. “Oil revenues will generate growth into the future because the country has such huge hydrocarbon resources that have only partially been exploited.” He notes that all 16 of the international oil companies (IOCs) present in Iraq continue to operate and to produce oil unimpeded. While global oil prices have fallen, this is a matter which affects all producers not just Iraq, he says. “Meanwhile, efforts to rebuild and develop infrastructure including telecoms, hospitals, roads and electricity continues and our assistance in these developments hasn’t changed. The process which will need between US$700 billion and a US$1 trillion may be protracted but continues.”

Citi is in Iraq for the long term and intends to stay the course, he says. “Economic growth will happen. Despite the security challenges and the international oil price decline, there are positive factors. Citi has the experience and credentials,” he believes, to help create the building blocks to enable the country’s economy to move forward. Infrastructure work has slowed down due to the insurgency and the uncertainties generated have increased the risk factors for investors. “Despite this, the economy has never come to a screeching halt. Iraq’s population of over 31 million have consumer needs which have to be met. Transport infrastructure investments and power projects have been impacted. However, investment in oilfield development has been ring fenced. There is a need to be watchful but we are waiting for the investment environment to stabilize and hopefully this will take place this year,” Malik says. Dennis Flannery, Citi’s Managing Director and Country Head for Iraq says that regional companies from Turkey, the Gulf and Lebanon continue to be involved in the power field and other sectors. “We see global company names more involved as suppliers of capital equipment than taking over sponsorship of projects.

As things settle down we are likely to see global companies more directly involved.” Citi has already established close relations with the local Bank of Baghdad, National Bank of Iraq, Trade Bank of Iraq and also works with Kurdish International Bank. However, the Bank is not in the country just to market products and conduct transactions, Flannery says, but also to work from an on-ground presence to build relationships, provide trusted advice and play a pivotal role in the country’s rebuilding and modernization. The Bank, for example, is currently working on a financing deal for Iraqi Airways’ purchase of a fleet of new Boeing aircraft, a negotiation in which the bank is in a unique position to help as a result of its close links with the US Export Import Bank (Eximbank). While the aircraft financing deal is under discussion, and other infrastructure developments have been stonewalled by a lack of sovereign guarantees, for the aircraft deal at least, a breakthrough is in prospect. In an unprecedented move which has wider implications, the 2015 Iraq National Budget in its Clause 32, authorizes the Ministry of Finance to provide a guarantee to support US Eximbank financing for new aircraft. One of Citi’s biggest roles in Iraq, is to reconnect the country to global financial markets from which it has been estranged for many decades.

A breakthrough could take place as a result of a reported US$6 billion international bond issue. Iraq’s Minister of Finance has been reported in the public media to be contemplating an approach to international capital markets in order to bridge a shortfall in revenues, as a consequence of falling oil prices; the Minister indicated he intends to work with Citi and Deutsche Bank as managers for such a bond issues.

Hutch says(6:55 PM):
HERES ANOTHER ITEM THAT WE WILL BE DISCUSSING ON TONIGHTS CALL AS WELL.....


Hutch says(6:55 PM):
Iraqi trade talks with Citibank to develop relations
Search Director General of the Trade Bank of Iraq, Faisal Sam Alheims with Conception Flannery, Managing Director of the Office of Citibank in Iraq examine how which will develop and strengthen banking relations and financial exchanges between Citibank and the Trade Bank of Iraq, as well as lifting the barriers that stand in the way of traffic and movement of money Iraqi around the world). He said a statement received (time) yesterday that (the meeting between the two sides is part of the bank's policy of developing relations with major international banks and financial institutions around the world and the recruitment and use these relations to serve the customers the bank and the provision of advanced banking services on a global level and to meet the development and reconstruction requirements the reconstruction of areas affected by the terrorist attacks).

THESE ARE THE ARTICLES AND NEWS THAT WE WILL BE DISCUSSING, PLEASE JOIN US WITH YOUR QUESTIONS FOR THE CALL. POST THEM INTO THE ROOM AS THEY COME UP AND WE WILL DO OUR BES TO ANSWER THEM.


Hutch says(6:57 PM):
JOIN US ON THE CALL AT 7:15 CST
641-715-3640 pin# 528733 #


Hutch says(6:58 PM):
OK SUBBY ITS ALL YOURS, PLEASE MAKE SURE THAT EVERYONE HAS THEIR QUESTIONS READY


subgirl says to Hutch(6:59 PM):
ok

subgirl says(6:59 PM):
NEWSTIME CALL @ 7:15pm cst LIVE NEWSTIME CALL
POST YOUR QUESTIONS INTO THE ROOM AS WE DISCUSS THEM !
641-715-3640 pin# 528733 #


subgirl says(7:00 PM):
Please use your ? marks as for asking questions per category...

Hutch says(7:01 PM):
I HAVE ONE MORE ARTICLE TO BRING IN, HANG ON LOL

Hutch says(7:01 PM):

Karbala put investment opportunities exceed $ 10 billion

92 Show Last update: Tuesday, August 9, 2016 - 11:45

investment project for a new city in Iraq to domestic and overseas investors, a new city of Karbala Investment first integrated city outside the old, supportive and complementary Native City and new functions all it takes modern development, which is based in the determination to the Iraqi heritage in the Arab Islamic architecture and consistent in its implementation with what we have reached another construction technology.

Attract tourists

The project is designed Engineer Adel Aziz al-Hindawi said the new city and found to overcome many limitations, including the high cost of land within the mother city center congestion and the lack of good Mtnevsat worthy Pavoaj their rising numbers of religious tourism continuously and to create a new attraction for tourists the world through a new city that provide comfort for the tourist element, pointing that the project site is approximately 10 km from the Karbala city center and built on 5,700 acres, the project was presented to the commissioners reference and became there a kind of encouragement and optimism in this subject and verbally that the parties concerned will do its utmost to ensure the success of the project because it is a service to the province and the country . Integrated city

He said al-Hindawi said in an interview «morning» that integrated the new city with all its requirements and provide 128 investment opportunity and deal with old problems, noting that the cost ranging between 9-12 billion dollars, has completed all the procedures and plans and we got to scratch and was put forward to the local and foreign investors for the purpose of starting the implementation of the project.

He stressed that the project is different from other investment projects in Iraq because of the contained harmony between the designer and supervisor of the local government and access to a shared vision and a reversible reality if the Arab Islamic architecture different from the architecture from abroad. The National Investment Commission blessed the project designs are carried out accurately and in an exemplary manner come out in full.

Read More :https://www.dinarupdates.com/showthre...ast-update-8-9


subgirl says to Hutch(7:02 PM):
POST YOUR QUESTION INTO THE CHAT ROOM IN THE CATEGORY AND WE WILL DISCUSS FOR YOU !
NEWSTIME CALL @ 7:15pm cst LIVE NEWSTIME CALL
POST YOUR QUESTIONS INTO THE ROOM AS WE DISCUSS THEM !
641-715-3640 pin# 528733 #

Hutch says(7:02 PM):
OK ALL YOURS SUBBY

Hutch says(7:02 PM):
BRB HAVE TO REBOOT

rcookie says(7:03 PM):
SO MUCH MORE WE ARE GOING TO COVER.....REALLY AMAZING STUFF...


subgirl says(7:04 PM):
please have your questions ready for each category!! thanks!! here is the number again. 641-715-3640 pin# 528733 #

jimplants says(7:04 PM):
only 5700 acres kinda dinky

bubbles says(7:08 PM):
no news time?

subgirl says to bubbles(7:09 PM):
yes!! we are having a call in about 10 min.

subgirl says to bubbles(7:10 PM):
POST YOUR QUESTION INTO THE CHAT ROOM IN THE CATEGORY AND WE WILL DISCUSS FOR YOU !
NEWSTIME CALL @ 7:15pm cst LIVE NEWSTIME CALL
POST YOUR QUESTIONS INTO THE ROOM AS WE DISCUSS THEM !
641-715-3640 pin# 528733 #

Hutch says to subgirl(7:16 PM):
OK IM BACK


subgirl says(7:19 PM):
Please use your ? marks for questions you may have!!! 641-715-3640 pin 528733 #