May 30th, 2014, 10:44 am
Friday Morning News Summaries
Zebari and his Algerian counterpart agree to hold a preliminary meeting for cooperation and open a direct air route between the two countries
Zebari and his Algerian counterpart talk about opening direct flights between the two countries...they also discussed ways to increase bilateral relations.
Global mining company describes the results of drilling in Kurdistan as "disappointing" and is considering continuing its work in the region
This may very well be the first of any news that is oil and gas related of someone announcing that exploratory wells were disappointing....but this could be from the lack of adequate seismographic work too...
the Irish drilling company though they talk at times in terms of "mining"....makes one wonder how much they really understand about "drilling" for oil....they intend to drill another well that will take 150 days to complete....tells me they are drilling relatively deep for some reason....the article talks about the Kurds pumping between 100 and 120,000 barrels of oil per day to Ceyhan, Turkey....Barzani is quoted as saying as he's said earlier that the Kurds will continue exporting to Turkey until at least the end of the year to ensure their employees get paid....and of course the Baghdad government is barking, barking,barking.....but do they have a serious bite at this time.
Bookmark calls for the adoption of the principle of dialogue and efficiency and the involvement of all the ingredients in the formation of the next government
There should be open and viable communications that will ensure the formation of a government that is meant to serve the needs of the people....this new government needs to strongly focus on the immediate needs of many of the Iraqi people...basic necessity type needs to survive....this is greatly needed within the Basra province where much of the oil comes from that is exported from Iraq.
Iraq reduces the effects of Obama's decision to lift immunity for his money the U.S.
Without specifically providing details....and I don't blame them for not....Iraq plays down the impact of the US dropping the immunity for their DFI bank account and other properties....after all we aren't talking "chump change" here....this is billions of USD.....who could imagine they wouldn't have done adequate homework to protect this money in every way possible....of course they must exercise great caution in what they do with the money and how they choose to invest it.....the CBI may not be dancing in international circles with an IQD of any value yet.....but they are no rookie when it comes to dealing with other foreign currency that does have value.....what will be of interest....if it is possible to follow.....is what currency the Iraqi's decide to convert this money to....will they stay with USD....will they convert to IQD, ruble, yuan, VND.....who knows....try to follow this trail though.
Maliki discuss with Abu Risha conditions Anbar
Maliki met with the head of the Iraqi Awakening Conference to purportedly discuss the security situation in Anbar.....I'm thinking out loud that maybe they also talked of alliances.....I find it interesting that Maliki appears to be pushing for more "militia" type help in dealing with DAASH and their "lackeys".....new code word for al-Qaeda....an MP for the United coalition who has great strength in Anbar says that solutions for Anbar will not come in public conferences and showy interviews....it must be dealt with on legal levels.
Kurdish Deputy: Parliament will not take place soon because of differences
A PUK Parliament member is quoted as saying the Parliament will not be getting together any time soon because of political differences....most of which stems from the ongoing issues between Baghdad and Erbil that for the most part lay largely unresolved....then more of the same gibberish of the feeling of betrayal that Baghdad feels over the Kurds being successful at selling their own oil....again much bark from them....but how bad will the bite truly be.
Muqdadiya calls for Parliament to speed up passage of the budget to stop many of the service projects
Parliament is being urged by many within the provinces to get their act together and pass the budget as soon as possible....there are many delays to a number of projects that are adversely affecting the Iraqi citizens and attention is needed in these areas....so put the political issues aside and get on with the budget....at this point....the people are being let down big time.
Council Basra threatens to export oil, "individually"
Hmmmm I wondered if this would happen....other provinces getting idea from the Kurds....I'm not sure how the provincial government of Basra could pull this off....after all they have been exporting oil for "Iraq" and the money goes into the state coffers.....would they have some way to intercept the revenues being paid so as to highjack the state...what they appear to be proposing amongst themselves is grabbing what they feel is rightfully theirs based on budget calculations and letting Baghdad have the remainder....instead of Baghdad paying them after the fact.
Kirkuk is now making some noise regarding their share of the petrodollar allotment ($5) that is to be paid to the oil producing provinces....claiming of course they haven't been paid and this is slowing down project work...nothing new here.....the petrodollars haven't been paid because the budget hasn't been approved.....they are claiming that the Ministry of Planning has allocated a trillion, 200 billion dinars for the petrodollar to be issued to Kirkuk.
Liberal confirms its agreement with the majority to form the biggest bloc of 200 deputies and "al-Maliki was unable to form a government."
The Liberal bloc has announced that it has a majority of deputies on its side, 200 they count, to be able to form a new government.....basically leaving Maliki out in the cold.....but there are still many negotiations being dealt with all over the map....nothing is final....until the election results are ratified...which should be coming in the next couple of weeks.
Liberals: We will announce publicly the block comprises 200 deputies after the ratification of the election
More claims by the Liberal bloc that they will be announcing they have accumulated 200 deputies and will be announcing this as soon as the election results become ratified.....they are claiming that with the 200 they have put together that does not leave Maliki with enough to trump them....I say don't be counting those chickens before they hatch.....somehow they are now giving Maliki and the State of Law credit for winning 120 seats....thought he won 93 as stated earlier.
Assadi: State law does not put a veto against the Kurds to take over the Presidency of the Republic
It appears that the State of Law coalition may be talking with the Kurds....wonder if they are really listening.....could there be an alliance forming here that would put another Kurd in as Iraqi President while maintaining Maliki as the PM....are the Kurds being courted or coerced into a deal.....what assurances could Maliki possibly put either on the table or under the tablet that would have the Kurds believe they will get what is promised....Maliki has offered this horse before and all they got out of the deal was a dead mule.
If Kurdish MPs back new Iraqi government, it may tear Kurdistan apart: A question of loyalty
The Kurds have some deep thinking to do.....can and will they support Maliki as a whole to give him a majority of the house seats at least 165....or will they split and ultimately cause damage to their region politically and also risk not having a Kurd in one of the top three government positions....as things stand now.....by aligning with Maliki it is highly likely that Barzani would be given the role of President of Iraq, filling the vacancy left by Talabani....but will Barzani and his group agree to such a thing.....some believe he will be a stronger ally to the Kurds than Talabani has been, especially in recent years due to health issues....but the real question remains....will just getting over the 165 seat hurdle be enough for Maliki when the Liberal bloc is touting they have secured 200 of the MP seats in their alliances.....when the bell tolls for the ratification of the election....then the gloves will come off and a real brouhaha will be acted out.
Maliki’s Bloc: Maliki is not Saddam
Some Kurdish activists are stating that Maliki is worse than Saddam.....members of the State of Law bloc are seeking apologies from these individuals.....if the Kurd activists remain silent and do not apologize it will be seen as an agreement that the criminal activities that Saddam brought upon the Kurdish people was accepted by them as being right.
Anger: To Amajaov on Iraq's money abroad and Obama's decision Agreed
Maliki's head advisors are explaining that the necessary precautions are in place to assure adequate protection of the DFI money and other Iraqi currency that is deposited in other international banks....no they aren't going to give specifics of what has been done to make these assurances....but they do admit they have been working on this process for the past three years.....it wasn't something that just popped up overnight....they knew full well the intentions for 2014 and they have met the challenge to provide the protection necessary.
Elders of the "National Alliance" owners the final say in the selection of the candidate for prime minister
An interesting but very complicated article....if the Committee of Wise Men is comprised of representative of various blocs I'm not so sure they will ever be in agreement on anything....but they are to be held to the Charter of the electoral competition and also must respect the rules governing the election race.....is this a sneaky way of saying that with Maliki's landslide victory over the next closest bloc....he is the winner apparent....no I don't think that is the case....but I do think there will be a protracted process that will take some time to declare a winner....looking at the "Voting Mechanism" I think they are saying that if a candidate and their bloc do not secure a consensus of the Parliament seats then things would be given over to the Committee....but I'm thinking that we will have a consensus winner....it just may take some jostling to get to that winner.
Face to Face: What Maliki said the wise in their own house the Supreme Islamic Council?
There has been a recent meeting between Maliki and Hakim it seems....details are sketchy at best and mostly derived from rumors it seems at this point.....whether there was talk of alliances is uncertain....talk of Maliki keeping the PM position...uncertain....of one thing there is no doubt......Maliki is more than willing to talk to anyone of power to find alliances that will ensure the third term for him....his major issue though is there just aren't many who like him...much less believe his promises.
Dubai promotes Islamic Economics in Kurdistan
Dubai is working to promote banking interests, financial institutions, and the general form of economics of the Kurdistan region to lend support to their efforts toward recovery....this was offered at a conference in Erbil....there seems to be a keen interest from officials from Dubai to lend assistance towards the Kurds in many areas.
Basra, threatening not to deliver oil and gas revenues to Baghdad
Baghdad appears they may be getting hammered from the Kurds and now from Basra as well....seems the Basra government is watching what they Kurds are doing and may attempt to withhold what they perceive as their portion of oil revenues that are sold thru the province...which probably amounts to quite a chunk of change.....I'm sure that Baghdad will not take to kindly to such action.
Economists: manufacturing in Iraq need to be a national initiative
Economists are stating the obvious with regard to manufacturing entities operating in Iraq....it needs to be seen as a national level initiative....much the same as agriculture is seen....but to accomplish this they need to make some changes to current laws...they need to focus attention on the industry sector.....by doing this eventually they will relieve some of the need to import so many products....bottom line....they need to become more self-sufficient.
Maliki's insistence on staying the Kurds to push the edge of fragmentation
Maliki appears to very obviously courting the Kurds in an attempt to find an alliance somewhere....but in doing this he may split the Kurds because there are a number that keenly remember the last four years of broken promises and they may not be swift to get buddy buddy with him again....together they can bring Maliki 62 additional Parliament seats....but is that enough to assure Maliki a win....probably not, but his bloc feels they can also grab a number of smaller groups along the way to put them over the hump of 165 necessary seats to capture the government....Maliki's work is cut out for him, he has made many enemies and has managed to reduce his circle of allies in the past four years....there is even some doubt as to outside support for him at this stage.
Council calls for Baghdad to Basra to respect the Constitution and threaten the export of oil, "individually"
It would appear that Basra's discussions of how to effectively withdraw their portion of oil revenues from oil sales has caught the attention of Baghdad and they are being asked to not breach standards and balances as they pertain to oil wealth....
in other words don't touch the money.
Basra claims they are only looking out for their citizens.
Breaking for a bit....the Morning News Summaries