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.

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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


3 posters

    Fitch changed its view of Iraq to negative from stable

    Rocky
    Rocky
    Rocky
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    Posts : 280719
    Join date : 2012-12-21
    • Post n°1

    Fitch changed its view of Iraq to negative from stable Empty Fitch changed its view of Iraq to negative from stable

    Post by Rocky Fri 04 Mar 2016, 4:05 am

    Fitch changed its view of Iraq to negative from stable



    Our economy / Agencies
    It amended the credit rating agency "Fitch" credit rating for Iraq for the long-term foreign currency at a temperature -B, and changed the outlook to negative from stable.
    The agency said in a research note seen by Mbacran "lower oil prices lead to a significant deterioration in its financial position.
    The agency predicted rise in the budget deficit to 15% of GDP in 2016.
    The agency suggested a significant rise in government debt estimated to exceed 70% of GDP in 2016-2017, compared with 56% in 2015.
    As it forecasts the deficit levels of 9% of GDP in 2016-2017, adding that the deficit will contribute to the further decline of foreign reserves.


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    Lobo
    Lobo
    Lobo
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    Posts : 28411
    Join date : 2013-01-12
    • Post n°2

    Fitch changed its view of Iraq to negative from stable Empty Re: Fitch changed its view of Iraq to negative from stable

    Post by Lobo Fri 04 Mar 2016, 1:20 pm

    Everyone, we need to seek the Lord on Iraq's behalf.  We are looking for the RV  not only for the Iraqi's but also for us.  I believe the Lord gave us this investment to bless us, but we also have to do our part and that is Pray.  Iraq and its people need prayer as well as our country and our people.
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    notazbad2000
    notazbad2000
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    Posts : 5132
    Join date : 2012-12-19
    Age : 61
    Location : The Sunshine State
    • Post n°3

    Fitch changed its view of Iraq to negative from stable Empty Re: Fitch changed its view of Iraq to negative from stable

    Post by notazbad2000 Fri 04 Mar 2016, 9:23 pm

    You are so right Lobo!  AMEN


    _________________
    TAZ

    The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.
    Martin Luther King Jr., Strength to Love, 1963
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    • Post n°4

    Fitch changed its view of Iraq to negative from stable Empty Re: Fitch changed its view of Iraq to negative from stable

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