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WISR Ord Shs V.WZR


Primary Symbol: WSRLF

Wisr Limited is an Australia-based neo-lender company. The Company provides a collection of financial products and services. The Company is engaged in writing personal loans and secured vehicle loans for three, five and seven-year maturities to Australian consumers, and funding these loans through the warehouse funding structures. It provides a Financial Wellness Platform underpinned by consumer finance products, the Wisr App. The Wisr App helps Australians pay down debt, multiple credit score comparison services and Australia’s first money-coaching app Wisr Today. Combined with content and other products that use technology to provide better outcomes for borrowers, investors, and everyday Australians. The Company’s products include loans, credit scores and round up. Its credit score is a summary of financial habits, and helps lenders get to know its customers. Its loan products include debt consolidation loans, car loans, medical loans and others.


OTCPK:WSRLF - Post by User

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Post by john_galton Mar 25, 2013 8:40am
431 Views
Post# 21162132

Iraq official fears split as Kurdish-Turkey oil tr

Iraq official fears split as Kurdish-Turkey oil tr

 

Rising oil trade between Iraqi Kurdistan and Turkey threatens to split Iraq in two, a senior Iraqi official said, as the autonomous region ignores Baghdad’s threats of tough action against what it terms illegal exports.


Oil lies at the heart of a long-running feud between the central government and the autonomous Kurdistan region. Baghdad says it alone has the authority to control exports and sign contracts, while the Kurds say their right to do so is enshrined in Iraq's federal constitution.


“If oil from Kurdistan goes through Turkey directly, that will be like dividing Iraq. This is our big concern,” Iraq’s Deputy National Security Adviser Safa al-Sheikh Hussein said on the sidelines of an Iraq conference.


The Kurdistan Regional Government (KRG) started on the path towards economic independence early this year by exporting small volumes of crude oil by truck to Turkey.


The move further angered Baghdad, which threatened action against the region and foreign oil companies working there to stop the exports, which it says are illegal.


KRG crude used to be shipped to world markets through a Baghdad-controlled pipeline running from Kirkuk to the Turkish port of Ceyhan, but exports via that channel dried up in December due to a payment row with Baghdad.
The northern region is now pushing ahead with plans to build its own oil export pipeline to Turkey, despite objections from the United States, which fears the project could lead to the break-up of Iraq.


KRG Energy Minister Ashti Hawrami has said a gas pipeline now being laid can be converted to ship up to 300,000 barrels per day of crude by June.

Read rest of article... https://english.alarabiya.net/en/business/2013/03/20/Iraq-official-fears-split-as-Kurdish-Turkey-oil-trade-grows.html

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