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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The Chinese agreement returns to the fore .. How will it save Iraq’s “gold bullion” from the collaps

    Rocky
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    Abdul - The Chinese agreement returns to the fore .. How will it save Iraq’s “gold bullion” from the collaps Empty The Chinese agreement returns to the fore .. How will it save Iraq’s “gold bullion” from the collaps

    Post by Rocky Thu 30 Apr 2020, 2:13 am


    The Chinese agreement returns to the fore .. How will it save Iraq’s “gold bullion” from the collapse of oil?

    10:02 - 04/30/2020



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    Information / Baghdad ..
    Adviser to the Prime Minister Abdel-Hussein Al-Hanin confirmed Thursday that the [You must be registered and logged in to see this link.] China agreement was carefully designed to protect the country from the tremors of the oil markets, noting that the experience could be expanded to include other countries.
    Al-Hanin said in an article seen by (The Information), "The [You must be registered and logged in to see this link.] agreement with China was carefully designed to constitute a real protection for the country from these tremors in the market, or at least it would have guaranteed a steady buyer of oil wealth in exchange for projects after it became clear that [You must be registered and logged in to see this link.] in the last days is looking for Buyers did not find. ”
    He added: "I can say with confidence after the storm of deformation and counterfeiting against this agreement subsided after some thought that they succeeded in stopping it or at least postponing it and postponing the projects related to it. I say that the agreement was an advanced economic reading of the oil market. And an attempt to avoid betting on an extremely volatile market. ”
    He explained that "Chinese companies will enter into competitive rounds on Iraqi projects within the market standards, so that [You must be registered and logged in to see this link.] chooses the best specifications, the most appropriate prices and the highest technology, and the matter will be available to Western companies as well if it requires the addition of high and advanced technology."
    Al Hanin pointed out that “the financial framework with China is a source of smooth financing, in exchange for 100,000 barrels per day. Where oil is formed in a similar way (gold ingot), which makes Chinese companies and their high-tech partners eager to start their business in [You must be registered and logged in to see this link.] without fear of any political or economic fluctuations.
    The advisor to the Prime Minister emphasized: “In short, we were able to guarantee a ready and guaranteed buyer of oil and that the experience of the collapse of the current oil prices from which no one was spared only from Mexico (from which some countries were previously ridiculed before the current collapse of oil prices),” noting that “Mexico sold Its oil at a fixed price was less than the market price in the days of high prices while today it is considered an imaginary price in favor of Mexico compared to the current prices, this experience should teach us a useful and important lesson. ” Ended / 25


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    Abdul - The Chinese agreement returns to the fore .. How will it save Iraq’s “gold bullion” from the collaps Empty Al Hanin: The China Agreement is designed to protect from the shocks of the oil markets

    Post by Rocky Thu 30 Apr 2020, 3:24 am

    [size=36]Al Hanin: The China Agreement is designed to protect from the shocks of the oil markets[/size]

    Political | 09:56 - 30/04/2020

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    Baghdad - Mawazine News
    , Advisor to the Prime Minister Abdul Hussein Al-Hanin confirmed that dependence on oil (which is a deceptive political commodity), without using it in various manufacturing industries, has lost its basic role, stressing that the Iraq and China agreement was carefully designed to protect the country from the tremors of the oil markets.
    Al-Hanin said in a wide article that "many factors contribute to changing oil prices globally, the most important of which are the economic growth rates in China and India, in addition to the Asian tigers, and the ability of these countries to return again to the resumption of their steady growth comes after recessions (capitalism renews itself), To be an additional factor in changing course prices. "
    The adviser to the Prime Minister pointed out that "the Iraq agreement with China was carefully designed to constitute a real protection for the country from these market shocks, or at least it would have ensured a stable buyer of oil wealth in exchange for projects." Ended 29 / A 43


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    Abdul - The Chinese agreement returns to the fore .. How will it save Iraq’s “gold bullion” from the collaps Empty Abdul-Mahdi’s advisor proposes expanding the agreement of China and other similar contracts and leav

    Post by Rocky Thu 30 Apr 2020, 6:29 am

    [size=35][size=35]Abdul-Mahdi’s advisor proposes expanding the agreement of China and other similar contracts and leaving OPEC[/size]
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    Economie

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    2020-04-30 | 07:04
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    [/size]


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    [size=18]On Thursday, advisor to the "resigned" Prime Minister, Adel Abdul-Mahdi, presented proposals to confront the oil price crisis, including expanding the agreement with China and starting similar agreements, and Iraq leaving OPEC.


    With the expansion of the agreement with [You must be registered and logged in to see this link.]  , the advisor to the Prime Minister [url=https://www.alsumaria.tv/Entity/3903648443/%D8%B9%D8%A8%D8%AF %D8%A7%D9%84%D8%AD%D8%B3%D9%8A%D9%86 %D8%A7%D9%84%D9%87%D9%86%D9%8A%D9%86/ar/]Abdel-Hussein Al-Hanin said[/url] in an article published in the official newspaper, to increase the number to a rate between (300 - 500) thousand barrels of oil per day. The projects will expand, indicating the importance of starting similar agreements with countries. Other advanced, such as the United States, France, South Korea, India and Egypt.[You must be registered and logged in to see this link.]







    Al-Hanin also stressed the start of broad negotiations to sell part of [You must be registered and logged in to see this link.] 's exports , according to Mexico's experience, at a fixed price for a period of no less than 20 years to ensure a steady income for Iraq, and we leave the rest of the factors of supply and demand in the market and this may push [You must be registered and logged in to see this link.] to exit from [You must be registered and logged in to see this link.] , and it may be The time for oil prices to rise again.

    He also explained the necessity of amending the oil investment law that was born dead in 2007, because it is devoid of factors that attract investors to build refineries and other oil projects, attributing the reason for the death of the law is the totalitarian mindset that unconsciously controls the minds of the political class but most of the Iraqi public, and I do not claim a discovery If you say that the price of a barrel will multiply several times if it turns into petroleum products or petrochemical commodities.
    [/size]

    He also stressed the launch of the Iraqi gas investment, noting that the wait will carry us more losses and regret, but this file must be removed from the political and partisan controversy.


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