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A secret kickback deal with an Iraqi Kurdistan politician made Todd Kozel rich. But an affair and his bitter divorce led him to disgrace
https://www.occrp.org/en/investigations/the-rise-and-fall-of-a-us-oilman-in-iraq
What is a Communist tax?
GKP are domiciled in Bermuda, registered on the London Exchange, and operate in Iraq , under Iraq law.
Are Iraq going to increase taxes, when they have an abundance of oil ? When they as a country are achieving record income levels from oil.
The UK sold all its oil an Gas off years back, Thatcher spent all the money, Iraq is not the UK .
If the UK did what Norway did an put $£ into a Sov Wealth Fund like Norway, where they have $1.6 trillion, they would be no problems, the UK sold its silver off in privatisation of Electric an Gas.
Only issue Gulf K have is will the KDP who are aligned with the UK Torys increase Kurdistan taxes and stop paying for the oil Gulf K produce
Always surprising anyone takes notice of Simply Wall street, a cobbled together Aussie crap site, that lacks any detail that is materially correct.
Word of warning, if anyone actually takes notice of that site, they will lose..
Details on who even owns shares and insiders is always 100% incorrect and Simply wall street, try to cover there shorts and will take broker houses down grades an exaggerate them .
Steer clear of junk
All BS.
Iran is attacking USA bases in Syria, they are doing it for a reason, the USA have been taking Syrain oil for 7 years and the Kurds facilitate it.
Kurdistan is therefore a legitimate target, as Iran is invited into Syria by there government.
Kurdistan problem is they teamed up with Multiple US oil operators to taken the Syrian oil and send it to Turkey.
When ISIS was allowed to run amok by Obama and the USA, they took over large parts of Iraq, and the Kurdish Peshmerga ran and took all the arms off the Yazdi people, they left them for dea.
The PKK and Iranian Quds forces repelled ISIL and the Iranian Quds force stopped ISIL taking over Erbil, and Massour Bazarni went to Tehran to thank the Iranians ,and this all occurred while the USA sat on its arse and assisted ISIL.
Maybe if you were in the region at the time , you could comment, but I suspect you were sat somewhere out of arms reach.
The Kurdistan Government is in place for 1 reason, to make sure all its families take everything they can..
Best wishes from Mardin, where real Kurds live where I am visiting family
Sky News, what a joke.
interest rates will hit 6% , the UK was supposed to be selling its 10 year guilts to raise ££90 billion, instead its trying to [propr up the pound and economy by buying £65 billion of its own guilts.
This shows how bad thew UK Chancellor Government is and as been and will continue to be, as it uses the BEO of as a political weapon to stay in office.
The UK as more debt than any other EU country and its housing market is just a feel rich scheme for UK citizens who do not understand the meaning of Cash Rich
The point you all miss is thew actions of the UK Conservative Government, they allowed Aairports to lay off staff, and those staff on securty and immigartion take 3 years to be trained.
The UK government did nothing at all to keep the airport staff on board, but they gave Pubs £250 million.
Easy Jet ,like Jet2, IAG, Ryan Air had to cancle 10,000 flights in the last 6 months, All that is down to your Conservative government and to be frank, Easy Jet and IAG will build bigger bases in Europe
stille.
Germans in my family are annoyed by Poland actions and they want rid of Sholtz ASAP.
Talks were on going with Russia before the USA destroyed parts of the pipelines and German economy is a real worry with Industrials major companys looking to move East, with 3 looking at Turkey to relocate to.
Expect Tui to look at the flight only market more now, they have fleets big enough to do that more and the Cruise line market is becoming key now.
TUI big fear is how much Longer they can operate with Von Leyden in place, Germans are sick of thew German puppet of Biden. There had been large scale protests in Stuttgart, Dusseldorf, Munich wanting a relationship with Russia and Russian Gas , it dose not suit Germany of Germans to be in the position of puppets to Poland an the USA, Germany was close to having Russian Gas back on, until the Poles and USA decided otherwise..
legache . A mortgage based on 2.5% payments are not the same, as those that started on 8% ,If you work out the interest and capital payments at 8% and then 15%, they are not the same as 2.5% and 5%.
A lot of people had to switch to interest only payments for a period of between 5 and 8 years to keep there property's, they could not even pay any capital back during that period.
Mortgages loans were based on a primary income of 3 x annual salary and a further 1 x salary if you had a partner or were married. Loan to value on a mortgage was maximum 90% in 1988, and I my first in 1983 it was a maximum loan of 70% loan to value.
If people had a mortgage now based on 3 times there salary , what would it buy, a mobile home? This is where the market as gone wrong, as house builders started putting up prices to levels that are 30/40% above true value, then what happens is people are given mortgages of £200,000 0r £250,000 an have salarys of £40,000 , which should mean they can not borrow more than £120,000.
A correction in interest rates is needed to at least 6% and property devalue of 30%, everything is at unrealistic levels.
I could buy a farm house an two cottages, with 10 acres of land in France for £120,000, that how mad the UK is, like the USA .
Best wishes
legache
its easy to say about small debt like student loans, but are student loans payable back based on income.
Education was not free in the 1970's and 1980 either, you had accommodation costs and low wages, no minimum wage like today.
imagine your mortgage payments doubling in 2 year period like they did, and actually they doubled in 3 days at one stage , and that mortgage was based on 3 times your income.
think about buying a house in 1989 and in 1990 its worth 40% of what it was, so an example, a £80k house with a £60K mortgage on, became worth £40,000 and you had a debt of £30,000.
There was no cell phones, no internet, you had to get in a car an drive out to a park to entertain kids, as a treat. 4 TV stations , some people had 5 .
Problem today it like rxdav said, people under 40 do not know they are born when it comes to mortgages loans , or even buying a car, a holiday abroad.
the last 15 years the UK as been running a false economy based on making people feel well off because they own a property, well , its this simple, its not easy to sell bricks , slates and etc , asset rich is all people are, they do not understand the meaning of cash rich.
We were taught to have 1 years salary in the bank, before even buying a house and that 1 year salary in the bank, was separate from any savings towards a deposit for a house.
rxdav lays out real basics people should look at, and buying a house in this economy is a 100% no, property is overvalued .
Be interesting to see how Scotland goes about its budget, as a grade 5/7 nurse in Scotland NHS earns 11% more than the same grade of nurse in England
We had interest rates of over 13% in my day and people just got on with it, some handed the keys back to lenders to avoid debt build up.
People today have no idea about interest rates of know there even born.
Thatcher came to power an lifted interest rates to 15% . For 5 years in late 1985 to 1993 average interest rate was over 11.5% an there was no rfxed rate mortgages .
In the 1989-190, most people had a 90% mortgage and had borrowed on 3x main income and 1x partner income, most propertys owned by people for less than 10 years went into negative equity, some by 40% and now the same needs to happen now.
Bang interest rates upto 7% and make people tighten belts
The Generic version of this carry the greatest liability- OTC sales count for 98% of all USA sales and that means the pharmacy and other outlets bear responsibility, when these OTC are brought without prescription
My sister as 100 existing AML shares, she sent me mail asking should she exercise the rights issue.
Question if she dose, how many new shares will she be buying based on her 100 share holding and how much are they priced at..
Thanks in advance, I do not have time to read all details on the site
Keeping Medication s under 30 Degrees Centigrade is quiet usual for most medications.
What is disturbing is how medical regulators sanction over the counter use -when they should be Prescription only-that way there is a liability of the prescribing physician to know the drug details ....
https://www.rxlist.com/consumer_ranitidine_zantac/drugs-condition.htm
If any person read the full drugs details on Proton Pump Inhibitors sold OTC like Nexium (Esomeprazole) then 90% of people would not take them.
Bayer brought Monsanto Roundup in 2018 and did so knowing of the ongoing litigation and knew it would cost another $30 billion in lawsuits.
GSK developed Rantadine in 1989 and it was prescription only- it went to Generic in the USA an OTC in 1995.
Since that time every maker of Zanatac as there own liability, as when it went generic nobody forced any company to make it and GSK did not enter into OTC sales.
Suspect Johnson Johnson Tal powder will cost JJ over $350 billion in claims for Cancer though