Monthly Archives: September 2014


Argentinian industrial production -2.9% vs. -1.0% forecast

Investing.com – dustrial production in Argentina fell more-than-expected last month, official data showed on Tuesday.

In a report, Instituto Nacional De Estadistic y Censos said that Argentinian Industrial Production fell to -2.9%, from -0.7% in the preceding month.

Analysts had expected Argentinian Industrial Production to fall to -1.0% last month.

Investing.com
Investing.com offers an extensive set of professional tools for the financial markets.
Read more News on Investing.com and download the new Investing.com apps for Android and iOS!

POPPY3 TIDBIT, 30 SEPT

Poppy3: THE NEXT 48 HOUR OR LESS SHOULD SHOW UP WHAT THEY HAVE COMPLETED AND IF ALL IS COMPLETE THEN THE RATE CHANGE SHOULD FOLLOW VERY QUICKLY AFTERWORDS.

No GCR for dummies

WILDDUCK THERE IS NO GCR FOR DUMMIES BOOK DOWN AT BARNES AND NOBEL. THEY ONLY HAVE ONE CHANCE TO GET IT RIGHT. [seems like we just might be getting close!] THAT IS CORRECT, I BELIEVE WE ARE VERY CLOSE. [So…” Any Second Now ” ?] I CONCUR WITH YOU. …KNOW THAT THE EARTH ROTATES VERY FAST BUT YOU DO NOT FEEL IT, SO LIKE THE RV /GCR JUST BECAUSE YOU CANNOT SEE IT OR FEEL IT DOES NOT MEAN HUGE STRIDES ARE NOT TAKING PLACE. IMO WE ARE VERY CLOSE AND YOU CAN TELL BY THE LACK OF REAL NEWS. REMEMBER THIS IS A WORLD EVENT NOT JUST IRAQ. ALL THE PIECES HAVE TO BE IN THE RIGHT PLACE. THERE IS ONLY ONE CHANCE TO GET IT RIGHT. THERE IS NO DO OVER .

 

HMS Group Wins $25m Orders in Iraq

By John Lee.
In its interim management statement issued on Tuesday, Russian-based HMS Group said that since the start of this year it has signed several contracts for business in Iraq.
The contracts, which it values at about 1 billion rubles ($25 million; 29 billion Iraqi dinars), were signed with Russian and international oil and gas majors.
The deals are for the supply of water injection pumps, booster pumps, upstream process equipment and a contract for the provision of short-term repair services, refurbishment and supply of pumps and auxiliary equipment.
(Source: HMS Group)

Source: Iraq-BusinessNews.com.

Post your commentary below.

KRG PM Barzani and Turkish PM discuss Security

Prime Minister Nechirvan Barzani yesterday met Turkey’s Prime Minister Ahmet Davutoglu in Istanbul on the sidelines of a World Economic Forum event.
In the meeting both sides discussed the latest political and military developments in Iraq and the Kurdistan Region, the process of forming a new government in Iraq, the participation of the Kurdistan Region in the new cabinet in Baghdad, and the situation in the Middle East in general.
The Peshmerga forces’ fight against ISIS terrorist militants, the importance of the formation of an international coalition to attack and destroy the terrorists, and international support for the Peshmerga forces in the war against the terrorists were also discussed in detail.
The humanitarian situation and the condition of Iraq’s displaced people and Syrian refugees sheltered in the Kurdistan Region were also topics in the meeting, with special attention to the provision of aid by the people and the government of the Kurdistan Region and from the international community.
Prime Minister Barzani highlighted the need for the Iraqi Government and the international community to pay more attention to the plight of the refugees and the displaced. He lauded Turkey for the aid and humanitarian support provided thus far, while reiterating that the Kurdistan Region expects further humanitarian assistance from Turkey.

Source: Iraq-BusinessNews.com.

Post your commentary below.

Video: Security Beefed up at French School

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News.
French expats in Erbil, Iraq, say they try to lead a normal life, despite threats against French citizens by the Islamic State.
At the French school here, the walls have been enhanced and armed guards are stationed at the gates.

Source: Iraq-BusinessNews.com.

Post your commentary below.

UK Conducts First Air Strikes

Royal Air Force Tornado GR4 aircraft have been in action over Iraq today in the fight against ISIL.
This action is part of the international coalition’s operations to support the democratic Iraqi government.
In the course of an armed reconnaissance mission from RAF Akrotiri, 2 Tornados were tasked to assist Kurdish troops in north west Iraq who were under attack from ISIL terrorists.
On arriving overhead, the RAF patrol, using the Litening III targeting pod, identified an ISIL heavy weapon position which was engaging Kurdish ground forces.
One Paveway IV guided bomb was used to attack the ISIL position.
Following this engagement, the patrol identified an ISIL armed pick-up truck in the same area and conducted an attack on the vehicle using a Brimstone missile.
An initial assessment indicates that both precision strikes were successful.
Defence Secretary Michael Fallon (pictured) said:
“Halting the advance of ISIL and helping the Iraqi government turn it back, and helping the Iraqi army and Kurdish forces to do that, is a huge task and is going to be a long campaign.
“But the RAF have been flying day and night since Parliament gave that authority last Friday and they have been flying important missions, gathering intelligence, deterrents against ISIL terrorism, driving them back from the villages, as well as being there in close support when they are tasked to go down and help, in particular fighting, and that’s now what they’ve done today.”
(Source: UK FCO)

Source: Iraq-BusinessNews.com.

Post your commentary below.

Video: ISIL losing ground in Iraq

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News.
It’s been a day of mixed fortunes for the Islamic State in Iraq and the Levant.
The group has been losing territory in Iraq, but making gains inside Syria.
In Iraq, government forces say they’re pushing ISIL back in the east and north of the country.
Al Jazeera‘s Imran Khan reports from Baghdad.

Source: Iraq-BusinessNews.com.

Post your commentary below.

HMS Group Wins $25m Orders in Iraq

By John Lee.

In its interim management statement issued on Tuesday, Russian-based HMS Group said that since the start of this year it has signed several contracts for business in Iraq.

The contracts, which it values at about 1 billion rubles ($25 million; 29 billion Iraqi dinars), were signed with Russian and international oil and gas majors.

The deals are for the supply of water injection pumps, booster pumps, upstream process equipment and a contract for the provision of short-term repair services, refurbishment and supply of pumps and auxiliary equipment.

(Source: HMS Group)