MrsBGG says to PM):
Well glad that you are joining us, sit back and relax and enjoy

Bring your questions , if you have any

BGG says(6:37 PM):
Hey gang - sorry...

minor emergency says(6:38 PM):
Does several of the big dogs have to be brought down for this to move forward on a RV

BGG says(6:38 PM):
I highly doubt it... sounds like "guru-ism"... to me.

OK - we all ready to get things going?

MrsBGG says to BGG(6:40 PM):

coco1 says(6:40 PM):

BGG says(6:40 PM):
Ok - let's do this...

Mrs BGG would you mind saying a quick prayer to get things started off right??

MrsBGG says(6:41 PM):
Heavenly Father, we come boldly come before You by the Blood of Jesus! Thank You for Your Mercy, Grace, & forgiveness! Thank You that there is power in the Name of Jesus. Anyone can say the Name of Jesus 24/7 We trust You Lord, we love You. Thank You Holy Spirit for Your leading and guiding. We pray for Your will to be done on earth as it in Heaven. We thank You for everyone that serves and helps on the site. We thank You for Mr. BGG's leadership. We pray that You will bless each person and their families here. We give You all the Glory, Honor, and Praise! In Jesus Name, Amen.

MrsBGG says(6:43 PM):
Okay, this is News Time, for anyone who is News, Mr. BGG wil talk about the News...if you have a question or comment, please use a ? and we will call on you; It makes it easier for the copiers and those reading!! Thank you'all for joining us!! Sit back relax and enjoy!!

MrsBGG says to subgirl(6:43 PM):
Thank you!!

subgirl says to MrsBGG(6:44 PM):
your welcome

BGG says(6:45 PM):
What did you all think of the Special News Time I did Saturday afternoon??

MrsBGG says to BGG(6:45 PM):

1bobby says(6:45 PM):
Was very cool

david334 says(6:45 PM):

magnetlady says(6:45 PM):
Loved it

speakwell says(6:45 PM):

flint says(6:45 PM):
very informative

wilson6060 says(6:45 PM):

BGG says(6:45 PM):
(time for open feedback - it's OK right now )

DIGIman1 says(6:45 PM):
read it a few times

Dinarian1 says to BGG(6:45 PM):
Most Awesome

daytrader says(6:45 PM):
Appreciated your thoughts on the article. Thanks

SRW says(6:45 PM):
Thankyou BGG!!

elliscole2002 says(6:45 PM):

dale says(6:45 PM):
Made sense

moneymom says(6:45 PM):

sharon says(6:45 PM):

BGG says to DIGIman1(6:46 PM):
I edited it and posted in on THE BLOG for today...

MadDScout says(6:46 PM):
Facebook has appreciated it

BGG says to DIGIman1(6:46 PM):

sassy says(6:46 PM):
BGG I really enjoyed it

coco1 says(6:46 PM):
Sounds like next step has to be joining to world economy

Brian09 says(6:46 PM):
Brilliant Snapshot!!!

cobalt says(6:46 PM):

patti says(6:46 PM):
I loved the special newstime!

david334 says(6:47 PM):
You said it all

kalis says(6:47 PM):
did i make in time

BGG says(6:47 PM):
So - if you want a recap (or the pre-cursor to tonite's conversation) you can check it out there...

david334 says(6:47 PM):
You said it all

kalis says(6:47 PM):
did i make in time

BGG says(6:47 PM):
So - if you want a recap (or the pre-cursor to tonite's conversation) you can check it out there...

david334 says to kalis(6:47 PM):
BGG Saturdays post

cricket22 says to BGG(6:48 PM):
I think I missed it. I'll have to check it out.

BGG says(6:48 PM):
Before we get rolling - I want to make sure I thank everyone here who makes the group all that it is... you guys are AWESOME!!

Be sure to save THE BLOG...


The "private" FB Group

and the Forum (particularly the chat logs and the "Current Iraq News" threads...

as favorites...

david334 says(6:52 PM):

BGG says(6:52 PM):
We're going to do a mix of Q & A and some News Tonite...

along the same lines as Saturday Afternoon... "layman's break down"...

MrsBGG says to david334(6:53 PM):

david334 says(6:53 PM):
The news from Iraq via the threads has been so positive.

BGG says(6:55 PM):
Yes - the News is generally very, very good...

flint says(6:55 PM):
Can't wait to see what news comes out from Abadi's visit to the USA

BGG says(6:56 PM):
anyone telling you any different has let themselves get a sour outlook after chasing Gurus all over the web.

MrsBGG says to flint(6:56 PM):
Please use a ? , if you have a question or comment , thank you

BGG says(6:57 PM):
I just blocked some guy on our Twitter feed because he was sooooooooo pi$$y - calling everyone in Iraq liars - blah, blah, blah...

apparently he isn't interested in actually READING... the News.

anyone else have a general question or comment??


david334 says(6:59 PM):

BGG says to MadDScout(6:59 PM):
What do you think is the biggest piece of News over the last couple of days??

MrsBGG says to david334(7:00 PM):

david334 says(7:00 PM):
Jordon meeting

coco1 says(7:00 PM):

MadDScout says to BGG(7:00 PM):
I think the report you brought in is a hum dinger

david334 says(7:01 PM):

BGG says to david334(7:01 PM):
That was the basis for my long dissertation on Saturday afternoon... Saleh's conversation after the meeting.

BGG says to MadDScout(7:01 PM):
It was pretty big... AND trying to figure out what they are actually talking about...

on the surface...

david334 says(7:02 PM):
Yes. and a profound comment by you. tough to follow on that

MadDScout says to BGG(7:02 PM):

I like the idea they are on page with IMF

that has got to be good

BGG says to MadDScout(7:03 PM):
it would seem they are at their normal "bluster" - talking about having "passed" the financial crisis...

unless one looks at what they are really talking about...

MadDScout says to BGG(7:03 PM):
Extra reserves?

BGG says to MadDScout(7:03 PM):
No... nor do they need extra reserves - they need IMF and "world" support and acceptance.

that's it.

MadDScout says to BGG(7:04 PM):

BGG says to MadDScout(7:04 PM):
BTW - everyone - I poached that article off of MadScout here - he was the one who originally dug it up

MadDScout says to BGG(7:04 PM):

MrsBGG says to coco1(7:04 PM):

coco1 says(7:04 PM):
Also the US annoucing Iraq getting ready to join WTO.

BGG says(7:04 PM):
So he should get all the Kudos - not me.

david334 says to MadDScout(7:05 PM):

MadDScout says to coco1(7:05 PM):
Good stuff

BGG says to coco1(7:05 PM):
Isn't there a big Int'l meeting going on in NY - a little ways away from where that bomb went off??

cobalt says to BGG(7:06 PM):

Idaho says(7:06 PM):

BGG says to coco1(7:06 PM):
and that's kind of weird for the US to be "crowing" about that...

coco1 says(7:06 PM):
Didnt think of the location, but I could look it up on Google maps.

Drewsters Millions says(7:06 PM):

BGG says to coco1(7:07 PM):
if one just takes cursory scan... they (Iraq) don't look all that ready to join the WTO...

BGG says to coco1(7:07 PM):

coco1 says(7:07 PM):
yes UN General Assembly this weekend.

Idaho says to coco1(7:08 PM):
21st UN Gen Assembly meeting with Abadi tomorrow

david334 says(7:08 PM):

aminmaine25229787 says(7:08 PM):
obama is meeting with abadi tomorrow
at the UN

MrsBGG says to aminmaine25229787(7:09 PM):
Please use a ? if you have a question or comment , thank you

aminmaine25229787 says(7:09 PM):

Idaho says to aminmaine25229787(7:09 PM):
To discuss security progress and other items

wickedwitch1 says(7:09 PM):

BGG says to coco1(7:09 PM):
in light of this recent aggresive response to IMF guidance - it may well be they are RIGHT SMACK DAB in the middle of learning how to act right!! Which, IMHO - is the most important element of them getting "world" support, re-entrance and acceptance!!

MrsBGG says to Idaho(7:09 PM):
go says(7:09 PM):
Isn't irag bound to IMF demand if they want the loan 5.3 Billion?

kalis says(7:10 PM):

BGG says to coco1(7:10 PM):
refer to my comments from Satruday on the subject... posted on THE BLOG.

Idaho says to aminmaine25229787(7:10 PM):
Thank you yes it is the 21st UN Gen Assembly and Obama is to meet with Abadi on secuirty concerns and other items

BGG says to coco1(7:10 PM):

MrsBGG says to PM):
Please use a ? mark and we will call on you, know you are new here

dale says(7:10 PM):

david334 says(7:11 PM):

BGG says to PM):
also - be sure and check out my full comments on the subject - THE BLOG -

MrsBGG says(7:11 PM):
Okay we have 6 questions on deck, let's wait until they are answered...

MrsBGG says to Drewsters Millions(7:11 PM):

Drewsters Millions says(7:12 PM):
i been seeing the word exchange rate in alot of articles recently,if that has anything to do with anything
gearing up for something

BGG says to Drewsters Millions(7:12 PM):
Long story short...

it is OBVIOUSLY on their minds.




MrsBGG says to david334(7:13 PM):

david334 says(7:13 PM):
Is the UN General assembly an appropriate venue for the Iraqi admission in the wto
what do you think

BGG says to david334(7:14 PM):
I doubt it - but what do I know??

david334 says(7:14 PM):
to bad its the last piece

BGG says to david334(7:14 PM):
Big time for Abadi - meeting with the US... attacking terrorism, regaining lost ground, working toward political stability... etc, etc, etc,


You've come a long way BABY!!

coco1 says(7:15 PM):

MrsBGG says to wickedwitch1(7:15 PM):

wickedwitch1 says(7:15 PM):
Any significance to Abadi heading the UN General Assembly? says(7:16 PM):

flint says(7:16 PM):
please type your question on a text document and copy it so it can be pasted quickly after indicating you have a question

BGG says to wickedwitch1(7:17 PM):
Other than a big opportunity to show how they are interested in working with the outside world... probably not... says(7:17 PM):
Who is tied closer to the hip Iran or u.s. according to the SBA?

BGG says to wickedwitch1(7:18 PM):
except that cooperation is the whole game - so on one hand - not directly vital, except that .... when you look at this in light of my running commentary - it is THE WHOLE GAME.

clear as mud - right??

BGG says to PM):
US. Period.

wickedwitch1 says(7:19 PM):
Just seems like a great place to show he has the respect of others

MrsBGG says to kalis(7:19 PM):

BGG says to wickedwitch1(7:20 PM):
Exactly... long term - they need "world" acceptance.

BGG says(7:21 PM):
Hey gang - hang on a sec... MadScout is bringing a VITAL piece of News.

kalis says to BGG(7:21 PM):
if one just takes cursory scan... they (Iraq) don't look all that ready to join the WTO... explian a tad more please({) says(7:22 PM):

MadDScout says(7:23 PM):
Parliamentary showing financial support for the IMF conditions

Views 450 Date 18/09/2016 - 18:34

Economy News / Baghdad Finance Committee in the House of Representatives expressed, on Saturday, its support to the conditions imposed by the IMF on Iraq in return for lending, and demanded that the Prime Minister Haider al-Abadi as "bold positions to resolve the corrupt file", as economists asserted that Iraq faces " a real dilemma, "because of the" lack of maturity "economic might obliged to accept the conditions of the IMF, warned against the imposition of the final conditions" most unfair "in the absence of Iraq's commitment.

She said the Parliamentary Finance Committee member Majida al-Tamimi, in an interview I followed the "Economy News", "International Monetary Fund request from Iraq as part of recent discussions additional cuts expenditures and the fight against corruption and activating the economic sectors", expressing its support for "the International Fund demands."

Tamimi stressed the need to "include cuts unnecessary spending of the state, and that does not affect employees and retirees, or the life of the salaries of citizens", calling for "the resolution of thousands of files of corruption in the Integrity and Accountability spoilers."

Read More :

BGG says to kalis(7:23 PM):
Please read my comments that FOLLOW THAT COMMENT.

MadDScout says(7:23 PM):
She Tamimi surprise of "spending three million and 799 thousand dollars to hire a private aircraft, during the last quarter of the year 2014 and over the past year in 2015, as well as the expenditure of funds and other money on Aivadat officials, in spite of the serious consequences of falling oil prices and the war against al (Daesh) ", Prime Minister Haider al-Abadi required to" be more aggressive in resolving the corrupt files, especially since he knows very well the defect points and the size of the waste of public money, since he held the presidency of the Finance Committee in the House of Representatives economic and kissed her. "

For his part, economist Anton spokesman, said that "a number of recommendations and conditions placed when he agreed to lend Iraq, including a review of public budgets of the state and the actions taken to rationalize spending and anti-corruption International Monetary Fund."

Anton said that "the International Monetary Fund found that some of the recommendations have not been applied properly, what could herald its objection and perhaps his lack of loan," stressing that "Iraq is still in front of a big problem not addressed so far, is mono-economy and the continued decline in global oil prices, which may be obliged to accept the terms of the international Monetary Fund despite the prejudice of some of those conditions. "

He Anton that "Iraq faces a real dilemma has compelled him to make other concessions paid for the Iraqi people, which forms the basis of the victim's austerity and loans," attributing the reason to "financial mismanagement of the government and the dominance of the ruling parties on the financial file, in addition to rampant corruption and lack of activating the private sector." .

Read More :

MadDScout says(7:23 PM):
It is noteworthy that the Jordanian capital Amman witnessed, on Saturday (September 10 2016), the conclusion of the first review of the Convention on standby credit with the representatives of Iraq and the mission of the International Monetary Fund to supplement the IMF loan negotiations during the current year 2016 has been delivered to Iraq before mid-July 2016, about 634 million, the first installment of the IMF loan account immediately after the IMF Executive Board approval, in (the seventh of this month), on the standby credit agreement with Iraq, noting that the loan term is five years, annual interest rate low of one and a half percent (1.5% ), and that the number of payments is 13 batch stretches over 36 months.

The United States confirmed, in (the twentieth of April 2016), that the economic reforms the Iraqi government began to show the effects of an increase of non-oil imports, indicating that the Iraqi government's success in reducing the budget deficit means obtaining a loan from the International Monetary Fund worth billions of dollars. AJ

Read More :


MrsBGG says to dale(7:25 PM):

dale says(7:25 PM):
I believe they need to tweak the Investment Law still .... any thoughts on that and any other pertinent things they need to get done?

kalis says to BGG(7:25 PM):

BGG says to MadDScout(7:25 PM):
That is a HUGE REPORT... I'll break it down and work on it soon... but there is ALOT there.

MadDScout says to BGG(7:27 PM):
Was a read

More forward momentum

BGG says to dale(7:28 PM):
I think they are close on that... I doubt the HCL is all that important... the reason Maliki keeps bringing it up - he feels like, if he can make it a leading issue, it is divissive enough to keep everyone arguing for years. He would be "safe in the chaos" for a long time. Not gonna' happen.

dale says(7:28 PM):
Thanks BGG

BGG says to MadDScout(7:29 PM):
Yes, my first, cursory reaction - Parliament is on board. They throw some "double talk" in there... don't want to be told what to do... but 1 of the big things the IMF is literally TELLING THEM THEY HAVE TO DO is attack their corruption problem.

so wait - Parliament is b!tching a little bit about having to deal with the corruption - seriously?!? (and that is EXACTLY what it is... )

MadDScout says to BGG(7:31 PM):
Yes but as we saw with the taxation issue and Iraqs sovereignty

david334 says(7:31 PM):

BGG says to MadDScout(7:31 PM):
Maliki's corruption is far reaching and wide - much of the big money being made on the corruption from the inflated auction process was being passed all aroudn to a lot of these idiots.

MadDScout says to BGG(7:31 PM):
they complained only momentarily

MadDScout says to BGG(7:31 PM):
It is part of the "conditions"

BGG says to MadDScout(7:32 PM):
agreed - and the reason is - they pretty much have little choice...

MadDScout says to BGG(7:32 PM):
Right! (y)

MadDScout says to BGG(7:32 PM):
there's always the "black list"

BGG says to MadDScout(7:32 PM):
which is so strange when you look at the context of the support - as I illustrated on Saturday afternoon.

Think about it.

BGG says(7:33 PM):
Whatever the carrot is - HAS TO BE MAGNIFICENT... NOT 5.3 Billion...

MadDScout says to BGG(7:33 PM):
I think they have to(or feel compelled to) make a show of not liking it but they gonna do it if they want the funds

MadDScout says to BGG(7:34 PM):

BGG says to MadDScout(7:34 PM):
Exactly - they have to do it... but not like it..

MadDScout says to BGG(7:34 PM):

BGG says to MadDScout(7:34 PM):
here's the real question - WHICH FUNDS??

MadDScout says to BGG(7:34 PM):
Is not 18B the full taco?

BGG says to MadDScout(7:35 PM):
No - The IMF package is 5.3 Billion.

MadDScout says to BGG(7:35 PM):
Including all "donor" countries

BGG says to MadDScout(7:35 PM):
Over 5 years!!

MadDScout says to BGG(7:35 PM):

MadDScout says to BGG(7:35 PM):
but all hinged on conditions

BGG says to MadDScout(7:36 PM):
So - my question is ...

MadDScout says to BGG(7:36 PM):
not a give away

BGG says to MadDScout(7:36 PM):
what's it really about??

MadDScout says to BGG(7:36 PM):
Right I get ya

BGG says to MadDScout(7:36 PM):
Exactly - a GIGANTIC amount of leverage... for a seemingly tiny return...

MrsBGG says to coco1(7:37 PM):

BGG says(7:37 PM):
Last one.

coco1 says(7:38 PM):
The bombing was near Madison Square Garden, approx 1.6 miles from the UN building according to Google maps. Trying to find WTO in New York, but nothing listed. They are based in Geneva, and are part of the UN, so perhaps they are also in the UN building in New York. The IMF is in DC. says(7:38 PM):
Can Iraq initiate the tarrifs w/o acceptance into the WTO?

BGG says to PM):
They already have.

BGG says to coco1(7:39 PM):
Thank you for that -

Have a great night everyone.

BGG says(7:39 PM):

david334 says(7:39 PM):
Talk soon BGG

BGG says(7:39 PM):
Let's be careful out there...

Have you hugged your MOD today??

1bobby says(7:40 PM):
thanks BGG and MadScout

aminmaine25229787 says(7:40 PM):
looking forward to your breakdown of the article BGG