Transcript from Monday Night PeopleInvested Chat with RobinRedHed and Millionday:

** Millionday has daily chat updates at 6pm EST and throughout the day all week at PeopleInvested.com **

[5:36:24 PM] ROBINREDHED: 
[millionday] this is about the upcoming meeting

[millionday] the three presidencies will be an important meeting this week to discuss the political crisis. This information comes at a time and out of which the President held his meetings in Baghdad. Examined the President of the Republic with a delegation from the State of Law coalition headed by Sheikh Khalid al-Attiyah yesterday , all the issues taking place in the political arena in the country and the roads that should be its approach in addressing the problems and deal with the current crisis over the serious and constructive dialogue to remove all obstacles and based on the principles of the Constitution and previous agreements

[5:36:54 PM] ROBINREDHED: [millionday] agreements and securities provided to ease the situation and reach a solution and a comprehensive national. According to a presidential statement received "morning "a copy of it, he was welcomed the initiatives put forward during the meetings that drive the current situation towards relaxation and approach to solutions that are satisfactory to all. The center of this picture, a political source said the "morning": that "a meeting of the three presidencies this week will take place at the residence of President Jalal Talabani, attended by Prime Minister Nuri al-Maliki and Parliament Speaker Osama al" .. The source expected that the yield of the meeting positive results

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[5:38:48 PM] ROBINREDHED: 
[millionday] so the meeting will set the date for the national meeting and the activation of erbil 
[millionday] while denied the power Sadr yesterday that the time limit for the 15-day goal to withdraw confidence from the government. In the meantime, said sources close to the Iraqi List, the latter will be discussed in the coming days to participate in the national meeting or not. The sources said the "morning": that a large number of Congress list support participate in the meeting.
[5:39:57 PM] ROBINREDHED: 
[millionday] so we will get a date for the national by thursday and they will be meeting with maliki at talabanis house tomorrow i believe is the date i have -- which is their wed 
[millionday] brb with more
[5:42:31 PM] ROBINREDHED: [millionday] Detection spokesman General Company for Railways Jawad Khersan, an agreement was with the Chinese companies worldwide to import 10 trains to be entered into the company's fleet of the Ministry of Transport. Said Khersan in a statement quoted by the agency news: The agreement was with major Chinese companies to import 10 trains a modern and fast that is entered two trains in the current year and two years later is inserted trains of (8) remaining. He added that these trains advanced need to railway high-quality, prompting the company to implement (70 to 75 percent) of the line of railway Baghdad
[5:43:21 PM] ROBINREDHED: 
[millionday] just thought that was interesting with the power problems and trade 
[millionday] brb with more ---
[5:45:34 PM | Edited 5:45:44 PM] ROBINREDHED: [millionday] this is about the tarriff law 

[millionday] Rejected by the Economic Commission deputy Abdul-Abbas broadly, the proposals to postpone the application of tariffs, criticizing those who call to postpone it, describing them as «do not understand the meaning of the law». He said Xiaa: The tariff law to be applied at the end of next June, is important for supporting the national economy, and can not be any point that you delay it or wait it because it means «the destruction of the Iraqi economy and wrecking» in the absence of protection of the local product. He called on the Ministries of Finance and Planning to create the requirements and mechanisms, which obliges the State to implement the law, Cglq borders and protect the border crossing points, stressing the need for the application of Law No. (23) for the year (1985), which amount to imprisonment and fines for those who enter the goods without being subject to customs duties .
[5:46:23 PM] ROBINREDHED: 
[millionday] The deputy proposed Xiaa: development of the state rate (5 percent) of the fees on the goods at the beginning of the application of law to see the reaction of the local market, the impact of the law and then begin to increase rates gradually so as not to affect prices in the domestic market. The Iraqi Council of Representatives approved the tariff law in its previous session, and was the most prominent justification for the issuance of this law according to a statement of the Council of Ministers is to set tariffs in line with the reform of the Iraqi economy and the amendments of the many that have occurred in the law, the law provides for the imposition of customs duties on imported goods is contained in the Table tariff tariffs by no more than (20 percent) of its value,
[5:47:02 PM] ROBINREDHED: 
[millionday] look at the timeline -- the end of june will be in line with the economic reform activation 
[millionday] that is very very telling for us in this investment
[5:48:47 PM] ROBINREDHED: [ROBINREDHED] explain pls 
[millionday] the economic reform and the need for imported goods to come through customs is what we need to happen to see the dinar take off at a tradable rate
[5:49:23 PM] ROBINREDHED: 
[millionday] confirming that the samples and models that are not of commercial value exempted from customs duties, and took into account the law in the application of its provisions, the facilities afforded by the Investment Law No. (13) for the year 2006, as amended on imported goods For the purposes of investment projects exclusively, and comes with a view to attract the maximum amount of investment companies and businessmen to work in Iraq.
[5:52:47 PM] ROBINREDHED: [millionday] they are demanding that it wil not be postponed -- meaning the taxation 
[millionday] the items t be taxed will be the electronics and technological advancements needed to upgrade their production
[5:53:24 PM] ROBINREDHED: 
[millionday] and for the investment items into their markets -- transportation ect 
[millionday] so they are expecting to start taking in foreign trade at the end of june 

[millionday] perfect for us --- the time line is beautiful 
[millionday] brb with more
[5:56:48 PM] ROBINREDHED: [millionday] this is exciting here 


[millionday] this is all about the investment banis 
[millionday] Confirmed that the Association of Iraqi banks to organize the work and powers of the private banks, the Islamic one, or business is very important within the framework of economic development that was sought by the country during the next phase, indicating that the evolution of helping to re-consider the controls the central bank governing the work of these banks, especially as the Islamic banking has achieved breakthroughs in the provision of quality services and banking products and become a strong competitor to commercial banks despite the novelty of its creation, and this competition leads to the development of the reality of work and serve the country's economic
[millionday] Chairman of the National Bank of the Islamic Issam Abdul Amir Azri said that Islamic banks are still working in the legal framework and in accordance with international standards of banking developed, but awaiting the organization of its special law Islamic banking and allowing them to work in line with Islamic law is supposed enacted by the Central Bank of Iraq. He talked about the development witnessed by the Islamic National Bank during the year and achieved a 7 billion dinars a result of banking research and practiced according to Islamic law, which attracts more customers and it's especially Aataaml with activities of interest.
[millionday] He noted that the bank urges steps to increase the bank's capital to the border drawn by the Central Bank of Iraq commitment from all the decisions and instructions of the central sector as the body that oversees the banking sector in Iraq. The bank held a meeting of the General Authority to discuss the final accounts and balance sheet for the year ended as show indicators of activity for the current year that the bank is bound to advanced results especially since the banking exercised in accordance with the provisions of the Shari'a by opening current accounts and savings, remittances, and private banking.
[5:57:21 PM] ROBINREDHED: 
[millionday] Legal expert Kareem Hamood Faraj followed the report of the legitimacy of the bank, which confirmed that the contracts and transactions of the bank have been not inconsistent with the provisions of Islamic law has been modified some contracts banking, the meeting also reviewed the final accounts and the annual budget. Managing Director d. Sadiq Al Shammari said in an intervention that the bank seeks to achieve a suitable competition to the bank through expanding the network of correspondents of 9 banks in the world. Azri pointed out that the bank and within Stratejath decided to appoint the top excellence in Iraqi universities.
[5:58:05 PM] ROBINREDHED: 
[millionday] this is saying that they are done as of being compliant with international standards to go global and be hooked with all banks but they are not following islamic banking laws that are addressed inb areas they will be doing banking
[5:58:28 PM] ROBINREDHED: 
[millionday] they are looking for a way to combine all to be compliant in all instances
[5:59:16 PM] ROBINREDHED: 
[millionday] so this is great for us because they are making certain that they are basel compliant and ready to do investment banking and international banking
[6:01:59 PM] ROBINREDHED: 
[millionday] An MP from the state law on the Keywords that the National Alliance held a lengthy meeting this evening to discuss developments in the political arena. And today, he said: "The National Alliance will hold an expanded meeting today at the home of the National Alliance Chairman Ibrahim al-Jaafari and the presence of representatives of all political blocs were part of the coalition to discuss developments in the political arena."
[6:03:14 PM] ROBINREDHED: 
[millionday] The current political crisis must-have that thaw and constantly be tight everyone will lose," adding that "these meetings will arrive in the next phase to meetings Thanih gradual and then expand the Department of the meetings," noting that "there is sign of a breakthrough, and understanding on a national meeting." The leader of the Sadrist movement, Muqtada al-Sadr has sent a letter to the president of the National Alliance, Ibrahim al-Jaafari with nine points in a private meeting Rabal quintet
[6:06:31 PM] ROBINREDHED: [millionday] called the Iraqi leader Iyad Allawi, on Monday, the National Alliance to offer an alternative for Prime Minister Nuri al-Maliki if not implemented the decisions of the last meeting of Arbil during the period set by the Sadrist movement, with some of the parties accused of trying to disrupt the meeting in Arbil.
[millionday] The spokeswoman said Maysoon al-existing in a statement released today, citing the existing leader, Iyad Allawi, "that" the Iraqi leadership and its members are committed to the decisions of the consultative meeting held in Erbil on 28/4/2012, and the note that came out of the meeting, "adding that" the National Alliance alternative demands for Prime Minister Nuri al-Maliki in the event of failure to implement what came in the note in the specified period, which expires after a few days. " The Damluji that "some parties are trying to interfere with the parties meeting in Erbil by spreading false rumors about the coherence of the position of Iraq," arguing that "the methods are open to all and confirm the failure and weakness and retreat behind them." ▲ 

[millionday] we know how ever -- that the meeting thursday in right on time and they also are meeting at talabanis house tomorrow -- so the issue of the signed erbil being implimented should noit be an issue at all
[6:07:25 PM] ROBINREDHED: [millionday] we know how ever -- that the meeting thursday in right on time and they also are meeting at talabanis house tomorrow -- so the issue of the signed erbil being implimented should noit be an issue at all 
[millionday] they have signed the agreement last week and will be implementing it due to the fact that it holds all signed in the agreement
[6:09:36 PM] ROBINREDHED: 
[millionday] this is concerning the holiday and the worry of parliament being on holiday -- even though in my opinion -- it doesnt matter at all 
[millionday] Deputy Hamid al-Mutlaq, the Iraqi List, that the legislative recess for the House of Representatives will not affect the national conference was held, and if necessary, to the presence of all members of Parliament can attend to them within hours, indicating that what is going through the political process Tdhorat impact on the work of Parliament. Mutlaq said in a statement, told the independent press (Iba) that the legislative recess for the House of Representatives that a month will not affect the date of the national meeting of the blocks or approve it, and if necessary to attend the Members of Parliament can attend to them within hours. He said al-Mutlaq, "It is for the work of Parliament and the real role in oversight and legislation, said al-Mutlaq, a variety of Parliament is the product of the project, inspired by the people who want to interfere in Iraqi affairs, and the situation imposed on Iraq (sectarian, ethnic, and religious impact on the performance of the parliament.
[6:12:33 PM] ROBINREDHED: [millionday] He said no member of the Iraqi Parliament impediments to the work as a result of going through the political process Tdhorat, adding that in the end it will overcome the will of the Iraqis and the Iraqi parliament's work Balsamam, and beyond all problematic structure imposed on Iraq. He called on al-Mutlaq, members of the House of Representatives to put the interests and unity of Iraq in front of their eyes and be the instrument that lead them to work right and not the interests of party, sect, or Iraq or religion or anything else.

[millionday] so in other words -- no probem 
[millionday] brb with more
[6:13:10 PM] ROBINREDHED: [millionday] this is concerning the disput with areas and what allawi had to say about it 
[millionday] Secretary General of the pool called the new Iraq and allied forces Amer Morshedi the Iraqi leader Iyad Allawi to clarify the position of the list of the issue of Kirkuk and the Kurds claim annexed to Kurdistan. He said Morshedi told the independent press (Iba) We ask directly to the brother Iyad Allawi .. Are you ready to give Kirkuk and disputed areas in favor of the Kurdistan region, the main demand of the Kurdish leaders and build relationships and Abermn Agyatem under Alatravlhma demand response? . He added: We know that the leaders of the Kurds call Kirkuk (Jerusalem of Kurdistan) and we know that the close relationship between you and the brothers the Kurds did not come out of the blue and follow your statements carefully did not find you during the last period which is where the top of your differences with the state law, any statement the issue of Kirkuk, we have fellowship right question is the direction you give promises to the leaders of the Kurds over Kirkuk and what are these promises.
[6:14:16 PM] ROBINREDHED: 
[millionday] He Morshedi told Allawi, we know that the Kurdish dream of the historical is the proclamation of an independent Kurdish state, be sure that your meetings repeated in Kurdistan Ttrguetm to oil and gas law and the purchase of aircraft and other weapons to the Iraqi army and to all matters at issue now with the Baghdad government, and the questions are many and please answer them .
[6:16:12 PM] ROBINREDHED: 
[millionday] they are saying that --- the need to declare what area beloongs to who --meaning iraq or kurdistan region -- has to be declared because of all they are trying to solve -- including the hcl -- and the debt from military investment --budgets -- military -- ect -- so they are asking for the results to be decided
[6:18:36 PM] ROBINREDHED: 
[millionday] they are saying that --- the need to declare what area beloongs to who --meaning iraq or kurdistan region -- has to be declared because of all they are trying to solve -- including the hcl -- and the debt from military investment --budgets -- military -- ect -- so they are asking for the results to be decided
[6:21:30 PM] ROBINREDHED: [millionday] this is about allawis position 
[millionday] MP of the coalition of state law Haitham Jubouri the need to overcome the crisis facing the country through hard work and mutual understanding to appeal to the Constitution and conventions Ir National Congress and the participation of all political blocs. Jubouri said, told the independent press (Iba) that his coalition is seeking to contain the political crisis and wants to overcome the crisis with the country and the political process, stressing the need to join the Iraqi political forces all the components of the hard work, mutual understanding and meeting the national and exit than Iraq is going through. 
[millionday] He called the political blocs to take a positive attitude towards resolving the current crisis through the implementation of all agreements. The member of the state law that his coalition with the resolution of the current crisis and the need to overcome through joint action and understandings based on the national Constitution, agreements and worksheets raised through the national meeting, and to ensure participation of all in building Iraq and tracks progress of the political process.
[6:22:34 PM] ROBINREDHED: [millionday] so this is where we are -- they ar meeting tonight --the national and they are meeting tomorrow the three presidents at talabanis and they are meeting thursday
[6:23:48 PM] ROBINREDHED: 
[baggr42] In regards to the tariffs why is that an indicator of the change in value. Why can they not just continue with the tariff law using the exchange rate as it is currently
[6:24:00 PM] ROBINREDHED: 
[millionday] when they beging global trade which this is showing to be the reason for the tarriff as we all understand that it is what customs and tarrif laws are for -- they will have a rate for their currency that is reresented by their country as a sustainable rate for global trade
[6:24:17 PM] ROBINREDHED: [millionday] the dinar will be at a rate that is sustainable for a internationally recognized currency
[6:25:27 PM] ROBINREDHED: [ROBINREDHED] any other questions
[millionday] they are planning to in0plement the economic reform at the same time as they are planning on implementing the tarriff law - which is the end of june 
[millionday] maliki is there and working 
[millionday] maliki is there and working 
[millionday] maliki is there and working 
[millionday] maliki is there and working 
[millionday] maliki is there and working 
[millionday] maliki is there and working 
[millionday] maliki is there and working 
[millionday] maliki is there and working 
[millionday] and
[6:26:37 PM] ROBINREDHED: 
[ROBINREDHED] u mean he wasnt escorted out?????????????????????????
[ROBINREDHED] but they said so
[baggr42] ROBINREDHED millionday Thank you I was typing the question to your reply about the sustainable currency great minds think alike LOL
[ROBINREDHED] million why would they say it
[millionday] they are also working on the hcl law -- they have said that it is agreeable and complete many times but they keep going back to it so there is obviously something they are still addressing 
[ROBINREDHED] if it is not true
[6:29:17 PM] ROBINREDHED: [millionday] i have no idea -- there are articles that are interviews with some saying what they wil do if he does not implement the 4erbil but 'the whole time he is sitting with ministers talabani ect -- working so -- know that the three president meeting in their night report for tomorrow is inclusive of malikis statements and the days news ---- that includes maliki 

[millionday] yes -- i think this will go into june 
[sisterbreen] millionday tyvm work calls poof
[millionday] yw all the time hun

 


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