Nuri al-Maliki and Masoud Barzani talk as they hold a joint news conference in Baghdad,MPs from the ruling State of Law Coalition and the Kurdistan Alliance confirmed the presence of positive vibes between the federal government in Baghdad and the Kurdistan Regional Government (KRG) in Erbil regarding the possibility of passing the Oil and Gas Law, which governs the management of oil wealth in the country. The law is supposed to be passed during the current legislative session, which ends in early 2014.However, the MPs preferred to maintain discretion regarding information on the final draft of the law.

A high-ranking source in the office of Iraqi Prime Minister Nouri al-Maliki told Al-Monitor that “Prime Minister Maliki and KRG President Massoud Barzani discussed during the latter’s latest visit to Baghdad an amended draft of the Oil and Gas Law and agreed on showing it to their partners, so that it can soon be passed in the Iraqi parliament, before the current legislative session ends in early 2014.”

However, the federal government and the semi-autonomous KRG disagree on oil and its imports in the northern provinces. While Baghdad demands that the agreements with foreign and local companies on the drilling operations happen with its knowledge and that the region send the export revenues to the federal government, the Kurdistan region wants the federal government to pay the dues of oil companies working for it, before requiring oil revenues to be sent to Baghdad.

The Oil and Gas Draft Law has undergone several amendments since 2011, but it has not received the needed consensus yet.

On July 7, 2013, Barzani visited Baghdad and met with Maliki amid a positive atmosphere, favoring the resolution of the pending issues between both sides, namely the distribution of oil wealth management powers in the country.

Kurdish MP Farhad al-Atroushi, who is close to Barzani, told Al-Monitor, “The current phase is witnessing an agreement between Baghdad and Erbil regarding the Oil and Gas Law.”

Atroushi, an MP in the Iraqi parliamentary Oil Committee, added, “The Law of Provincial Authorities that was recently legislated and that granted local governments the privilege of participating in the management of oil wealth with the federal government pushes the latter to legislate the Oil and Gas Law, to reach a final decision regarding the situation in the Iraqi Kurdistan Region. Otherwise, chaos will break loose in the Iraqi oil sector.”

He continued, saying, “I cannot say that Barzani and Maliki have agreed on passing the Oil and Gas Law, but they see eye to eye on this matter.”

He said, “This issue will be settled during the discussions of the sub-committees that were set up for this purpose between Baghdad and Erbil.”

According to Atroushi, “It is better for the central government to enact the Oil and Gas Law, even if it grants [the Kurdistan region] broad powers to enter into contracts with foreign oil exploration companies.”

In a news conference held following Barzani and Maliki’s meeting, the latter talked about the importance of “resolving in a realistic and brotherly way” the problems between Baghdad and Erbil. Barzani, however, said that his visit to Baghdad was designed “to send a message to the external and internal arenas that we are brothers, and are keen to communicate [with each other]. This is particularly true since we live in a region full of problems and crises, which we will overcome based on cooperation between us.”

In parallel, Jamal Bahauddin, a member of Maliki’s State of Law Coalition, said, “Ongoing discussions and meetings on the oil and gas legislation between the Kurdistan Region and the federal government are taking place.”

Bahauddin, who is also a member of the Iraqi Parliamentary Oil Committee, said in a statement to Al-Monitor, “There has been a convergence of views, but nothing has been decided yet.”

Asked whether or the Iraqi parliament would pass the Oil and Gas Law before the current session expires, he contented himself with saying that “there are sub-committees, [including members from the various] political blocs, that were set up to negotiate this matter, and they continue to hold meetings.”

The Iraqi parliament formed in September last year a sub-committee to examine the controversial issues in the Oil and Gas Law and to develop a new draft.

Furat al-Shara, a member of the Oil Committee, said, “The heads of Iraq’s political blocs must take advantage of the political calm that followed the visit of the Kurdistan region’s president to Baghdad to pass the Oil and Gas Law.”

Speaking to Al-Monitor, Shara, a member of the Islamic Supreme Council of Iraq headed by Ammar al-Hakim, said, “The Oil and Gas Law is under discussion in all basic, strategic and high level sessions. For this reason, ad-hoc committees were formed to approve it.” He confirmed that “the members of the parliamentary Oil Committee will submit the recommendations of the ad-hoc committee to approve the law.” Yet, he refused to disclose these recommendations.

Shara added that “it seems that everyone objects to allowing this law to be transferred to the next parliamentary session.” 

Source: Al-Monitor



Citigroup Inc. (C)’s decision to open in Iraq and the easing of United Nations sanctions dating back to the Saddam Hussein era are driving yields on the OPEC oil producer’s bonds down from a four-year high.

Yields on the Middle Eastern nation’s $2.7 billion security due January 2028 slid 137 basis points to 7.43 percent in the eight days from June 24 after Citigroup became the first U.S. lender to venture into Iraq since Hussein was toppled a decade ago. That compares with a 39 basis-point drop to 5.19 percent in the HSBC/Nasdaq Dubai Middle East Conventional Sovereign US Dollar Bond Index in the period. Iraq’s bonds yielded 7.4 percent at 4:20 p.m. today in Baghdad.

Citigroup, JPMorgan Chase & Co. (JPM) and Standard Chartered Plc (STAN) are the latest international banks to expand in the second-largest producer in the Organization of Petroleum Exporting Countries. The UN Security Council added to investor confidence by voting on June 27 to remove the threat of military enforcement on the issues of Kuwaiti people, property and archives missing since Iraq invaded the country in 1990.

Citigroup’s announcement “had an impact because it meant that big banks are going into Iraq,” Sanjay Motwani, president of Singapore-based Sansar Capital Management LLC, which manages a fund with $30 million invested in Iraqi equities, said in a telephone interview. “Therisk premium for Iraq sharply dropped after June 24, mainly in anticipation of the UN decision to ease the sanctions, which was eventually adopted June 27.”

Oil Output

Iraq, with the world’s fifth-largest proven oil reserves, is boosting output and rebuilding its economy after decades of sanctions, war and neglect. Exxon Mobil Corp. (XOM)OAO Lukoil (LKOH) and other companies helped boost production by 24 percent in 2012. The government is increasing spending by 18 percent this year to $118 billion, and the International Monetary Fund forecasts an annual economic growth rate of 9 percent, the fastest after Libya among 18 countries in the region.

The spread between Iraqi sovereign bonds and U.S. Treasuries, which peaked this year at 653 on June 25, has narrowed since then by 127 basis points, or 1.27 percentage points, JPMorgan Chase’s EMBIG Sovereign Spread Iraq index shows. The spread was 506 basis points yesterday.

‘Strong Performer’

“In a global context, Iraq has been a strong performer,” Gabriel Sterne, a London-based economist at Exotix Holdings Ltd. whose research includes 40 frontier-market sovereigns, said in a July 16 e-mail. “There is the usual trade-off between political risk and strong revenues that investors have to weigh up. So I think the bonds are roughly fairly valued.”

Car bombings and other violent acts threaten to undermine the country’s stability. The yield on Iraq’s bonds gained 20 basis points after July 2 amid a wave of deadly violence. At least 337 people have been killed in attacks across the nation so far this month, the Associated Pressreported, citing police and local officials.

Iraq faces internal political wrangling and a dispute between the central government in Baghdad and the semi-autonomous Kurdish region, which has halted oil exports by pipeline since December. Street protests by minority Sunni Muslims, worsening relations with Turkey and the civil war in neighboring Syria contribute to tensions in the country.

UN Vote

The UN Security Council boosted Iraq’s prospects when it agreed that the issue of missing Kuwaiti citizens and disagreements over Kuwaiti archives and property should be resolved peacefully, under Chapter 6 of the UN Charter. The council kept the constraints pertaining to an arms embargo and war reparations under Chapter 7, which allows the use of force.

Iraq has set aside 5 percent of its oil revenue to pay compensation to Kuwait for war-related damages and will repay the $11 billion it owes by 2015, Iraqi Foreign Minister Hoshyar Zebari said June 12.

“The fact that some sanctions under Chapter 7 have been lifted means that it will be easier for international banks to trade and have a relationship with local Iraqi banks,” Sansar’s Motwani said.

Foreign banks were barred from the nation until after the U.S.-led invasion ousted Hussein’s government. Today, 15 international banks operate in the country of 33 million people. They compete with seven state banks, 23 private lenders and nine Islamic banks, according to the central bank’s website.

Asiacell Listing

The country’s stock exchange attracted investors in the February listing of Asiacell Communications PJSC, which raised $1.3 billion in the Middle East’s biggest initial public offering since 2008.

Citigroup plans to open representative offices and branches in Baghdad and the cities of Basra and Erbil to benefit from an estimated $1 trillion of infrastructure spending, Mayank Malik, the U.S. bank’s chief executive officer for Jordan, Iraq, Syria and the Palestinian territories, said in a June 27 interview. The lender is also among international banks seeking to finance a pipeline to export Iraqi oil and natural gas through Jordan.

Standard Chartered plans to open branches this year in Baghdad and Erbil, followed by a third office in Basra, a southern oil hub, in 2014. JPMorgan Chase signed a one-year agreement on July 6 to help the Trade Bank of Iraq finance imports of goods and services, John Gibbons, managing director and EMEA regional executive for the New York-based bank, said in a July 7 interview.

“Foreign banks entering Iraq are mainly there for trade finance, as companies from their respective countries need financial tools and services to do business in Iraq,” Abdul-Aziz Hassoun, executive director of the League of Private Banks, an Iraqi business group, said by phone on July 17.

“Iraq is a promising market because of the rising oil revenue and infrastructure projects which have helped boost the level of trade finance on an annual basis,” he said.

Source: Bloomberg

Baghdad (AIN) -MP, Ouday al-Awadi, of al-Ahrar Bloc and the member of the Oil and Energy Parliamentary Committee called the MPs to support the Iraqi citizens through investigating the Minister of Electricity, Karim Aftan, next week.

Awad reported in a statement received by AIN ”We call upon all the MPs to support the Iraqi citizens by holding an investigation session with the Minister of Electricity next week, ” he added, noting that ”The Presidency of the Cabinet has scheduled the next week to investigate Aftan by asking him (30) questions, mostly regarding the electric production stations contracts.”

“We hope all sides not to intervene in the investigation or try to postpone it since it has been scheduled two years ago and we should put the interest of the citizens above any considerations,” he added.

Most of the Iraqi provinces are suffering a great lack of electric power equipping which lead to organize demonstrations in Basra and Dhi-Qar provinces.

LINK

 

Baghdad (AIN) -MP, Ouday al-Awadi, of al-Ahrar Bloc and the member of the Oil and Energy Parliamentary Committee called the MPs to support the Iraqi citizens through investigating the Minister of Electricity, Karim Aftan, next week.

Awad reported in a statement received by AIN ”We call upon all the MPs to support the Iraqi citizens by holding an investigation session with the Minister of Electricity next week, ” he added, noting that ”The Presidency of the Cabinet has scheduled the next week to investigate Aftan by asking him (30) questions, mostly regarding the electric production stations contracts.”

“We hope all sides not to intervene in the investigation or try to postpone it since it has been scheduled two years ago and we should put the interest of the citizens above any considerations,” he added.

Most of the Iraqi provinces are suffering a great lack of electric power equipping which lead to organize demonstrations in Basra and Dhi-Qar provinces.

LINK

 

GET:

[goldeagle] For those that may not realize it, the CBI is closed for three days due to excessive heat. Do I believe that reason, no. Their getting ready probably for Sunday or Monday as the UN already let the cat out of the bag and intentional leaks are done for a reason. So try to stay cool, get out of the heat and just sit back and wait as this can happen at any time.

 [Agent 007] goldeagle bingo and thanks for summing that up for us all

 [debo24] goldeagle , cbi is not closed for heat.

[oilerfan] goldeagle yes their is a reason for everything

 [Agent 007] debo24 that is correct – it is hotter in places here in the US than in Baghdad lol

[goldeagle] Agent 007 i have a very strong feeling that the information that Tony was “allowed” to release was done for a reason. don’t think for a minute that these leaks don’t happen by design.
….
Read More Link on Right

[Miner1] debo24 thought it is a three day holiday?

 [Agent 007] goldeagle well let’s hope this “leak” (intentional or not) is it

[Agent 007] lol

[WTCUTTER] Agent 007 yea but the usa has not revalued either today roflmao

 [Agent 007] debo24 right – it was around 109 there yesterday – big deal

[Agent 007] closed for heat – my eye

[Agent 007] roflmao

[debo24] Miner1 , Friday is holy day, sat closed and if not open on sunday first day of there work week maybe something with that not sure

[goldeagle] Agent 007 When you listen to tony’s calls, he’s always getting text messages as to what he can or cannot say and he even has been chastized for saying too much like the Indonesian Rupeia. So take it for what it’s worth. That blast yesterday was no accident.

 [Agent 007] goldeagle I agree

 [Lady Sarah] debo24 we are all hoping of course that the extra ‘day off’ had some meaning for us

 [debo24] Agent 007 , why can’t the war be closed for heat, it is 118 here everyday lol lol

[goldeagle] arizona49 Hot as hadies here in NY with temps expected to pass 110. Phew!!!!!

[IslandDancer] Mountain Goat may have got wrong the message. Last week her iraq source may have been saying actually that this week would be an RV announcement at 2:15. That would explain why so many IMF and other sources are reporting the announcement this week when only mountain goat got a report of an announcement last week.

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[lgtennis] hey everyone

 [lgtennis] yes it is confirmed un did announce period

[angelbabies28] lgtennis so when do you think iyo that we would see it here

[bigdogmom] lgtennis so what does that mean to all of us dinar aholics roflmao

 [lgtennis] anytime by monday imo ANYTIME

 [bigdogmom] lgtennis three day weekend celebration?

[lgtennis] well lets just say this

 [lgtennis] they arent closed for heat

 [lgtennis] thats for sure

[monster] felling hot hot hot, feeling hot hot hot…

[angelbabies28] lgtennis we knew that

 [bigdogmom] lgtennis If it was announced in the UN and Iraqi’s have word, what are your feelings as why to stretch this out, why wouldn’t it happen immediately.

 [angelbabies28] bigdogmom banks are closed there maybe?

 [lgtennis] bigdogmom imo the united states

bigdogmom] angelbabies28 lgtennis That would give them time to celebrate and tony said it was announced in the mosque this morning and would give them 10 days doesn’t make sense to me IMO

[lgtennis] bigdogmom well we dont have to wait 10 days

[lgtennis] at all

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I4U:

 [1biz4u] mbillions I believe Jester would have come in by now if the confirmations of the UN announcement were not true. imo

 [Robertprofessor] 1biz4u I think the announcement was not to leave the room. Apparently, it was not made in the General Assembly. Perhaps we should count ourselves lucky that it was leaked to various intel providers.

[BLESSME] Robertprofessor how long do you think till it shows to public

 [Robertprofessor] BLESSME I like Papa Bear’s answer on that, a few days.

[Austin-Powers-For-PM] For what it’s worth, CBI.iq is down.

[shatterstar] Austin-Powers-For-PM yep it sure is…. maybe because of the heat?? HMMMMMMMM

[dinardiamonds]  does omega call confirm tony

Deb2blessed] they answered 50 cash in questions– to much to list~~~ one thing was that the brokerage accounts give you full control over and immediate access to your money–which we did not know

k[Jamison] deb2blessed the brokerage accounts, are solely controlled by you, nobody else can touch it and it is covered against bank and goverment theft

 [deb2blessed] the Omega call was in line with Tony as they said it was done, finished– all ready to go!

[deb2blessed] Jamison yes– thanks, I forgot to mention that part

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Nesara BlogSpot Dinar Update: John MacHaffie

http://www.nesaranews.blogspot.com/

RV/PP/REPUBLIC INTEL

IRAQ DINAR RV WAS ANNOUNCED AT THE UN IN NYC AT 2:15 PM EST ON THURSDAY

Next Folks is Exchanging!

Rumor – Processing for Global Reset anticipated to finalize this evening.

Rumor – IMF and UST were instructed to get the RV out to the bank screens last night.

Rumor – Rothschild & Bernanke and private bank pig comrades are obstructing the RV getting posted.

*****************************

KTFA:

by jdtolle » July 19th, 2013, New Beauty

Every moment there is new beauty. For every moment, life unfolds in ways that have never been experienced before.

Do not miss the opportunities for wonder and joy by being caught up in judgment and anger. Live, allow, accept, see, experience and act from a perspective of pure gratitude and love.

Think of what a privilege it is to be here, to be you, to be aware and able and alive. Whatever may come your way is a part of your good fortune on this day.

Choose again and again to open yourself to the best possibilities. Feel the amazing power of life as it flows gently through you.

In even the smallest things there is great beauty. In even the most ordinary moments there is the extraordinary experience of life.

Right now your world is filled with new and expanding goodness. You are here to see it and know it, so do. — Ralph Marston

May All Have a Blessed Day

By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.

MPs from the ruling State of Law Coalition and the Kurdistan Alliance confirmed the presence of positive vibes between the federal government in Baghdad and the Kurdistan Regional Government (KRG) in Erbil regarding the possibility of passing the Oil and Gas Law, which governs the management of oil wealth in the country.

The law is supposed to be passed during the current legislative session, which ends in early 2014. However, the MPs preferred to maintain discretion regarding information on the final draft of the law.

A high-ranking source in the office of Iraqi Prime Minister Nouri al-Maliki told Al-Monitor that “Prime Minister Maliki and KRG President Massoud Barzani discussed during the latter’s latest visit to Baghdad an amended draft of the Oil and Gas Law and agreed on showing it to their partners, so that it can soon be passed in the Iraqi parliament, before the current legislative session ends in early 2014.”

However, the federal government and the semi-autonomous KRG disagree on oil and its imports in the northern provinces. While Baghdad demands that the agreements with foreign and local companies on the drilling operations happen with its knowledge and that the region send the export revenues to the federal government, the Kurdistan region wants the federal government to pay the dues of oil companies working for it, before requiring oil revenues to be sent to Baghdad.

The Oil and Gas Draft Law has undergone several amendments since 2011, but it has not received the needed consensus yet.

By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.
MPs from the ruling State of Law Coalition and the Kurdistan Alliance confirmed the presence of positive vibes between the federal government in Baghdad and the Kurdistan Regional Government (KRG) in Erbil regarding the possibility of passing the Oil and Gas Law, which governs the management of oil wealth in the country.
The law is supposed to be passed during the current legislative session, which ends in early 2014. However, the MPs preferred to maintain discretion regarding information on the final draft of the law.
A high-ranking source in the office of Iraqi Prime Minister Nouri al-Maliki told Al-Monitor that “Prime Minister Maliki and KRG President Massoud Barzani discussed during the latter’s latest visit to Baghdad an amended draft of the Oil and Gas Law and agreed on showing it to their partners, so that it can soon be passed in the Iraqi parliament, before the current legislative session ends in early 2014.”
However, the federal government and the semi-autonomous KRG disagree on oil and its imports in the northern provinces. While Baghdad demands that the agreements with foreign and local companies on the drilling operations happen with its knowledge and that the region send the export revenues to the federal government, the Kurdistan region wants the federal government to pay the dues of oil companies working for it, before requiring oil revenues to be sent to Baghdad.
The Oil and Gas Draft Law has undergone several amendments since 2011, but it has not received the needed consensus yet.

Source: Iraq-BusinessNews.com.

Post your commentary below.

The counter (newsletter).MP of the Kurdistan blocs Coalition//Kassem Mohammad shmkhti, a Chief touts Kurdistan to Baghdad at the end of Ramadan, to implement the agreements and open the door to national solutions.

KTFA:

GBaghdaddy » July 19th, 2013, 9:50 am  •  

CNBC pulls video of Elizabeth Warren smacking down anchor over Glass-Steagall
7/19/2013 7:00am by John Aravosis 3

Earlier this week, Democratic Senator Elizabeth Warren (D-MA) went on CNBC last Friday to debate the Glass-Steagall banking regulations that were adopted in 1933, and her proposal to update and strengthen the law in a way that would likely force the big banks to spin off some of their business and stop being so damn big.

As you can imagine, CNBC is no fan of Glass Steagall, regulating banks, or Elizabeth Warren.

During her appearance on CNBC, Warren basically kicked ass, the video went viral, with over 700,000 views in a matter of days, so CNBC pulled it.

And where did CNBC pull the video from?  They filed a complaint with YouTube and had the video yanked from the Senator’s official YouTube account – but only after it had accumulated over 700,000 views in a matter of days.
….
Read More Link on Right

Apparently, the buzz over Warren’s appearance got so great, that CNBC anchor Jim Cramer had to try to shoot it down on Twitter (h/t to HuffPo for that point):

Yeah, Elizabeth Warren had so little impact that CNBC filed a complaint against the YouTube account of a United States Senator in order to get the no-impact video pulled.

Here’s a quick transcript of the best part

“ELIZABETH WARREN: From 1797 to 1933, the American banking system crashed about every 15 years. In 1933, we put good reforms in place, for which Glass-Steagall was the centerpiece, and from 1933 to the early 1980s, that’s a 50 year period, we didn’t have any of that – none. We kept the system steady and secure.

And it was only as we started deregulating, you start hitting the S&L crisis, and what did we do? We deregulated some more. And then you hit long-term capital management at the end of the 90s, and what did we do as a country, this country continued to deregulate more. And then we hit the big crash in 2008.

You are not going to defend the proposition that regulation can never work, it did work.

CNBC’s BRIAN SULLIVAN: I didn’t say regulation never worked, Senator. By far and away, and I agree, there were fewer bank failures in that time after Glass-Steagall.

ELIZABETH WARREN: “Fewer,” as in of the big ones, zero.”

Damn she is good.

http://gawker.com/nbc-censors-video-of-elizabeth-warren-taking-cnbc-to-th-837411782

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I4U:

[Lvn42day] I liked what SAG said last night about a single moment in time when we will no longer experience life as it is now. We are traveling, maybe slower than we want to; but we are moving in the right direction and when we reach that singularity……everything will change.

beudful1] Robertprofessor Some other gurus are being really negative, I still want to believe the UN announcement, have you heard more?

[Robertprofessor] beudful1 I’m convinced the announcement was made at the UN. After that, I don’t know what has developed. What wango1 is saying is probably the most reliable recent information.

[shatterstar] IMO— We got that post from Okie on Wednesday evening saying procedures were initiated. Yesterday, we get news of the UN annoucement. Today all the representatives of the CBI Banks are in Moscow. We know that Iraq made up a holiday for some undisclosed reason..

[shatterstar] G20 Summit is in Moscow right now..

[GJHHonor] mrs.) J. Lew is there also shatterstar correct? I read that yesterday and wondered why he was there thanks

[shatterstar] WE do know that the Glass Seagall Act is supposed to be reviewed in the House today as well. And we know that they performed crazy cyber security tests yesterday as well. These are things that we can see. These are things that we can prove, even though we don’t know the substance.. more coming

[shatterstar] So the UN put iraq under those sanctions in the first place, so It would be logical that they review it and make sure that progress is being made in the light of all the civil unrest… It also COULD mean that the countries are wondering why this hasn’t happened yet.

 [shatterstar] And then they responded by sayin that the RV has happened/happening as we speak. We wont know until they make the report public but I don’t they will do that until it is time to go to the bank. COuld you imagine if they put this on the news right now. Everybody would be at the bank buying dinar..

[tatortot] shatterstar I wish we knew in what context that comment was made!

[shatterstar] tatortot me too.

[shatterstar] But my Yellow School Bus analysis is that… There was definitely some time period given that they had to get this done. We dont how much time was given. We are definitely close. I am thinking that it will be a few days just because not everything is in place, but can be within 48hrs

[shatterstar] So we hurry up an wait some more. But this thing is getting out of hand. They are bombing the mosques in Iraq now. And its Ramadan. So the citizens are mad, the countries involved are anxious, so we i think we are good. Somebody and soon will push the button

[shatterstar] You know what would be interesting? if they made up another holiday like the heatwave thing fo Sunday… Now that would be downright obvious IMO

Maryrose] shatterstar didn’t they say the computers were down because of the heat this past week?? I laughed

[TexasMom] Maryrose they are accustomed to 125 degree weather there. C’mon with the horse hockey lol

[pastored] were are the computor outside in the sun lol

[shatterstar] Maryrose yep eventhough they are inside with air conditioning because of computer equipment

[Maryrose] TexasMom that’s why I laughed

[bama] regarding the UN announcement or not, according to the UN Journal for yesterday, they had 17 -18 meetings of various groups and committees. The only way to know if the announcement happened is to have somone in the 1 meeting where it took place. The only way to know it did not happen is to have had someone in all the meetings that can refute the story

***********************************

PAPA BEAR

[Papa Bear] GM   DINAR FAMILY

[cajunrebel7] Papabear: What’s up Big guy? Good Morning, Glad you are here! Peeps about to walk the plank!

[Papa Bear] IMHO could take 3 0r 4 days IMHO

[Papa Bear] No walking plank on this faith trip.LOL

[canadagoose] Papa Bear Angels whispered in my ear for this next week. That was the 16th.

[abbababy] Papa Bear   HI Have a blessed day. Thank you for coming in I will catch your post later. I really do appreciate seeing you here in chat. You’re a Gem.

[Papa Bear] abbababy Good to see you

[owl] Papa Bear Papa Bear dunno how to ask this correctly, but are you and the peeps behind the curtain finding this reported ‘UN  RV  announcement’ to be a “milestone, same as ch7 in significance?

[Papa Bear] owl Milestone but dont ask me about Glass- Stegall

[highhopes] highhopes] What do we know this week ? Okie, Jester, Tony and others say GCR could happen anytime. ISX and Iraq banks closed because of heat yesterday…lol, Big tests yesterday in US to test financial systems. Banks are working overtime and expecting us any minute to start calling for apts.

[Papa Bear] highhopes We DO????

[oxglove] Papa Bear not sure if I understand what you posted…are you saying it could take 3 or 4 days for things to materialize and for us to see it done?   

[Papa Bear] oxglove Yep never put all your hopes in any one day but never give up on a day either. Suddenly Gods blessing you ask for through prayer will arrive

[cheeny] Papa Bear Glass Stegall is a good thing right? Was GB correct

Papa Bear- cheeny YES

[cheeny] Papa Bear Well it matters to me what you believe as I think and feel that you are well informed and very wise.

Anger: ministerial meetings and intense mature draft budget 2014

Created on Friday, July 19 / July 2013 12:26


Baghdad / Orr News

The head of the advisers in the government, Thamer Ghadban to the budget in 2014 will be sent to the House of Representatives in mid-October.

Anger said in a statement, "the advisers recommended that the Ministries of Finance and Planning held intensive meetings with ministries and bodies not related to the Ministry to discuss the financial budget for the year 2014."

He continued that "the Ministry of Finance promised that it will present a draft budget to the Council of Ministers in September next year."

He pointed out that "Council of Ministers Satelzm the budget to send a bill in 2014 to the House of Representatives in mid-October next year."

The Ministry of Finance last week to discuss the budget file with the ministries and independent bodies is related to the Ministry confirming that it completed the initial image of next year’s budget.

The House of Representatives asked the Ministry of Finance earlier to complete the development of the financial budget for the year 2014 and presented to the House of Representatives

http://www.uragency.net/index.php/20…57/22161-65875