Tidbits From Frank26 and KTFA Members Early Friday Morning

KTFA: another mailman:  : Is Iraq’s credit rating still a go for July 7th? Thanks! Frank26: iMO ……… They have it ……… We public Joe does not yet.Based on BONDS INTEL. We see international not domestic bonds. KTFA  Frank,,,,********** Another mailman:  Thanks and I think EID would be a great time for the Iraqi citizens to receive their share of the oil revenue!********** Frank26:  You noticed …….. Too.Was asked Monday if i feel 2015 is our year. Don’t know.But d […]

Sczin11 Early Morning Chat With Thoughts & Questions

 Post From Wealthwatch.world Chat Room  Early Friday Morningsczin11: THERE ARE SO MANY WILD REPORTS IN SO MANY DIFFERENT SECTORS…ANYTHING AND EVERYTHING, OR NOTHING, CAN, MAY HAPPEN..OR NOT sczin11: PROXY POSITIONS MUST COME DOWN… YET HAVE NOT, YET…BUT, GENERAL ZEBARI HAS RETIRED??? AM I OVER THINKING? SEVERAL DAYS AGO WE SAW THE FIRST RELEASE OF THE “RETIREMENT” OF GENERAL ZEBARI, CHIEF OF THE IRAQI ARMY… WE SAW MANY MULTIPLE VARIATIONS OF THIS REPORT, OVER THE LAST […]

CoolClownFish’s Blog – GKP Directors Step Down, Shares Fall Further

<p><em>By John Lee.</em></p>
<p><strong>Gulf Keystone Petroleum (GKP)</strong> has announced that three of the company’s Non-Executive Directors are to quit their positions.</p>
<p>V Uthaya Kumar has resigned from the Board on 2 July 2015, while Dr. Joseph Stanislaw and Maria Darby-Walker have decided to not seek re-appointment and will retire from the Board on the day of the Company’s Annual General Meeting on 9th July 2015.</p>
<p>Shares in GKP were trading down 4 percent early on Friday.</p>
<p><em>(Sources: GKP, Yahoo!)</em></p>

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CoolClownFish’s Blog – Oil Export Data from KRG, June 2015

<p>The Kurdistan Regional Government has published its Monthly Export Report for June 2015.</p>
<p>The Kurdistan Regional Government (KRG) exported 17,130,639 barrels of crude oil (an average of 571,021 barrels per day (bpd)) in the month of June through the Kurdistan pipeline network to the port of Ceyhan in Turkey.</p>
<p>Of this amount, fields operated by the KRG contributed 12,740,711 barrels (424,690 bpd on average), while fields operated by the North Oil Company (NOC) contributed 4,389,928 barrels (an average of 146,331 bpd).</p>
<p>In June, the KRG supplied SOMO in Ceyhan with 4,493,334 barrels (average of 149,778 bpd).</p>
<p>Due to circumstances beyond the KRG’s control, during June there were 45 hours of downtime for the export pipeline.</p>
<p>In June, the KRG was obliged to increase direct oil sales due to the significant debt backlog arising from the budget cuts of 2014 imposed by the federal government, and the need to pay down debts accumulated in 2014 from pre-payments for oil sales — sales that kept the Region financially afloat at a crucial time for the security and stability of Kurdistan and Iraq.</p>
<p>This year, the difficult economic situation facing the Region has been exacerbated by the partial payments made to the KRG by the federal government.</p>
<p>Nevertheless, the KRG remains committed to the 2015 federal Budget Law in its entirety. It will continue to work with its counterparts in Baghdad to reach a resolution on all the outstanding issues of oil and gas as described in the joint statement of June 17, 2015 by the KRG’s Regional Council for Oil and Gas Affairs and the five political parties in the Kurdistan Regional Government.</p>
<p><a href=”http://www.iraq-businessnews.com/wp-content/uploads/2015/07/KRG-June-Monthly-Export-Report-ENGLISH.pdf” target=”_blank”><strong>Please click here to download the full report.</strong></a></p>
<p><em>(Source: KRG)</em></p>

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CoolClownFish’s Blog – Airstrikes Hit ISIL in Syria, Iraq

<p>U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported.</p>
<p>Officials reported details of the latest strikes, which took place between 8 a.m. Wednesday and 8 a.m. Thursday, local time, noting that assessments of results are based on initial reports.</p>
<p><strong>Airstrikes in Syria</strong></p>
<p>Attack, bomber and fighter aircraft conducted 10 airstrikes in Syria:</p>
<ul>
<li>Near Hasakah, six airstrikes struck three ISIL tactical units and two ISIL antennas, destroying four ISIL vehicles, three ISIL bunkers, an ISIL structure and an ISIL building.</li>
<li>Near Kobani, two airstrikes struck two ISIL tactical units, destroying two ISIL fighting positions.</li>
<li>Near Tal Abyad, two airstrikes struck two ISIL tactical units, destroying three ISIL fighting positions and an ISIL structure.</li>
</ul>
<p><strong>Airstrikes in Iraq</strong></p>
<p>Attack, bomber, fighter and remotely piloted aircraft conducted 18 airstrikes in Iraq, approved by the Iraqi Ministry of Defense:</p>
<ul>
<li>Near Huwayjah, two airstrikes struck an ISIL tactical unit, destroying two ISIL heavy machine guns and an ISIL building.</li>
<li>Near Fallujah, three airstrikes struck two ISIL tactical units, destroying nine ISIL fighting positions, an ISIL recoilless rifle, an ISIL mortar system, an ISIL tunnel system and an ISIL cave.</li>
<li>Near Habbaniyah, one airstrike struck an ISIL tactical unit, destroying an ISIL mortar systems and an ISIL fighting position.</li>
<li>Near Haditha, one airstrike struck an ISIL tactical unit, destroying an ISIL vehicle and an ISIL structure.</li>
<li>Near Makhmur, one airstrike struck an ISIL heavy machine gun.</li>
<li>Near Mosul, four airstrikes struck an ISIL tactical unit, two ISIL mortar firing positions and an ISIL fighting position, destroying an ISIL building and an ISIL vehicle bomb.</li>
<li>Near Rawah, two airstrikes struck an ISIL tactical unit and an ISIL bulldozer.</li>
<li>Near Sinjar, four airstrikes struck three ISIL staging areas and an ISIL heavy machine gun, destroying two ISIL buildings.</li>
</ul>
<p><strong>Part of Operation Inherent Resolve</strong></p>
<p>The strikes were conducted as part of Operation Inherent Resolve, the operation to eliminate the ISIL terrorist group and the threat they pose to Iraq, Syria, the region, and the wider international community.</p>
<p>The destruction of ISIL targets in Syria and Iraq further limits the terrorist group’s ability to project terror and conduct operations, officials said.</p>
<p>Coalition nations conducting airstrikes in Iraq include the United States, Australia, Belgium, Canada, Denmark, France, Jordan, the Netherlands and the United Kingdom.</p>
<p>Coalition nations conducting airstrikes in Syria include the United States, Bahrain, Canada, Jordan, Saudi Arabia and the United Arab Emirates.</p>
<p><em>(Source: US Dept of Defense)</em></p>

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CoolClownFish’s Blog – Security Situation Weighs on Iraq’s Economy

<p><em>By Omar al-Jaffal for <a href=”http://www.al-monitor.com/pulse/home.html” target=”_blank”>Al-Monitor</a>. Any opinions expressed are those of the author, and do not necessarily reflect the views of <a href=”http://www.iraq-businessnews.com/“>Iraq Business News</a>.</em></p>
<p>The Iraqi army, backed by the Popular Mobilization Units, has been engaged in war for more than a year now against the Islamic State (IS, ISIS, ISIL). There do not seem to be any prospects that the war, which has affected the livelihoods and social realities of Iraqis, will end anytime soon.</p>
<p>The heavy costs incurred by Iraq to acquire weapons and pay fighters led to the declaration of the 2015 austerity budget, which subsequently raised poverty rates in the country.</p>
<p>The economic crisis is not new to Iraq. It started with Iraq’s eight-year war with Iran, which began in 1980, and then escalated with Saddam Hussein’s occupation of Kuwait, the economic siege on Iraq and the Gulf War.</p>
<p>War in Iraq was renewed for the third time and ended with the US occupation of Iraq in 2003. Iraq is now waging a fourth war, this time against IS.</p>
<p>Indeed, the latest war is complex and draining a lot of Iraq’s resources because it is being waged amid a political divide, with administrative corruption hindering the country’s development.</p>
<p>The Iraqi Ministry of Planning estimated that nearly 30% of Iraq’s population of more than 33 million lives below the poverty line because of Iraq’s conditions following IS taking control of more than a third of ​​the country’s area in June 2014.</p>

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CoolClownFish’s Blog – Will Iraqi Kurdistan Ever Get New Constitution?

<p><em>By Alaa Latif.</em></p>
<p><em><a href=”http://www.niqash.org/en/articles/politics/5045/Will-Iraqi-Kurdistan-Ever-Get-It%27s-New-Constitution.htm” target=”_blank”>This article</a> was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of<a href=”http://www.iraq-businessnews.com/2013/11/09/“> Iraq Business News</a>.</em></p>
<p style=”text-align: center;”><strong><em><span style=”text-decoration: underline;”>Fighting About Religion and Power: Will Iraqi Kurdistan Ever Get It’s New Constitution?<br /></span></em></strong></p>
<p><em>Iraqi Kurdistan is now working on re-drafting its Constitution. It would define the region and give it legitimacy. But there are some major issues to overcome before the process can go any further.</em></p>
<p lang=”en-GB”>In April, the Parliament in northern Iraqi kurdistan decided that the Constitution of the semi-autonomous region should be re-drafted. When this decision was made, a committee was formed to re-draft the seminal laws and to hold a referendum on it within 90 days.</p>
<p lang=”en-GB”>That process is now underway. A committee – the Constitution Drafting Committee – was created in late May with 21 members, all of whom represent a variety of political interests in Iraqi Kurdistan.</p>
<p lang=”en-GB”>However it quickly became clear that the birth of the new Iraqi Kurdish Constitution would not be an easy one. When it comes to matters of national importance, Iraq’s Kurds tend to focus on their shared ethnicity. However when it comes to more regional matters, like a new Constitution, each political party involved has its own agenda. And as the work to re-draft the Constitution goes on, it is becoming apparent that each of the parties want to leave a mark upon it.</p>
<p lang=”en-GB”>And there are several areas that require work before Iraqi Kurdistan can go further with the new Constitution.</p>
<p lang=”en-GB”><strong>Rows Over Religion</strong></p>
<p lang=”en-GB”>The political parties with an Islamic bent are focussed on parts of the legislation that make Islamic religious law, or Sharia law, the basis of the region’s legal system.</p>
<p lang=”en-GB”>On June 28, members of the Constitution Drafting Committee met with the Kurdistan Clerics’ Federation. “Religion is very important because the Constitution covers all aspects of society,” a senior member of the group, Jafar al-Kawani, told NIQASH. “Given that the majority of this society is Muslim, the issue of religion and co-existence between religions should be mentioned clearly in the Constitution.”</p>

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Highlights From Frank26s Team Chat Thursday Night

DustiBigelow» July 2nd, 2015, 9:50 pm Let’s see,,,Team Chat….1. PLEASE CHANGE HCL FROM WHITE TO RED ON ALL FILES2. HCL IS HOT BECAUSE OF THE ISLAMIC BANKING LAW3. WHAT DR.S IS DOING IS BRINGING WORLD WIDE CONFIDENCE.4. ISLAMIC BANKING LAW IS OUR MAIN PRIORITY NOW. I REALLY THINK THIS WILL LAUNCH THE BONDS.5. I LIKE AUCTIONS AND THE ISX6. THE TESTING IS DONE BUT THE CARDS ARE NOT EQUIP FOR PRIVATE SECTOR YET….. (adsbygoogle = window.adsbygoogle || []).push({});7. PRIVATE SECTOR IS HOT ALONG […]