Post From Dinar Updates 2-17-16
Chat Room Excerpts & Highlights
Dinar Updates Member Chat 2-17-16 Part 2 of 3
rcookie says(): THE LAST WE HEARD FROM OSAMA MAHMOUD...EXECUTIVE DIRECTOR OF ISX..HE WAS TALKING ABOUT LAUNCHING PROVINCIAL FINANCIAL CENTERS...
THAT WOULD DELIVER FINANCIAL DATA FROM THE ISX & ESX...TO THE PROVINCIAL CENTERS..WHO WOULD THEN DELIVER TO LICENSED BROKERAGE HOUSES AND BANKS......
rcookie says(): Investment portfolio the need for the development of financial resource
Last update: Wednesday, February 17, 2016 - 10:03
World countries seeking to expand its economic resources and the development of financial revenues to diversify sources of income and not rely on one and negative financial source to rely on the fluctuation of the sole source of income rates, fluctuating Iraqi economy mode with fluctuations in oil prices, which make up Mdjulath about 92 percent of the country's resources.
Global stock representative in Iraq, Osama Mahmoud stressed the need to work on multiple financial resources, pointing to the importance of benefiting from international experiences in this regard and that employed the oil revenues in the revitalization of other economic sectors to diversify the economic basket and therefore not its dependence on oil imports only in the financing of the economy.
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rcookie says(): The need for planning
He stressed the importance of using part of its oil revenues in the development of the agricultural, industrial and tourism sectors, warning of the experience of the United Arab Emirates, where oil imports exploited systematically and thoughtful in the infrastructure sectors of all the development, pointing to the need for proper planning and plans studied in making economic development.
Mahmood between the need to develop their economies on the composition of an investment portfolio to be an additional source of income by building a portfolio of investments in global stock markets involving the most important global financial institutions and the world's central banks and major investment institutions.
Read More : http://www.dinarupdates.com/showthread.php?30140-Investment-portfolio-the-need-for-the-development-of-financial-resource-2-17
rcookie says(): IRAQ BIC & SWIFT CODES....
rcookie says(): THIS IS FROM 2005....Prepared by members of the Iraq Reconstruction and Management Office-Financial and Fiscal Affairs (IRMO-FFA) in coordination and cooperation with members of the: Iraqi Private Bankers Association; U.S. Treasury Department, and; Federal Reserve Bank of New York.
rcookie says(8:06 AM): Appendix AAmount $USDWire Transfer Instructions Credit Bank of IraqPay To National Bank of Kuwait, New York Branch Routing: 026000217SWIFT: NBOKUS33Beneficiary BankCredit Bank of Iraq A/C 400204375003BeneficiaryFor Further Credit to: [as example Credit Bank of Iraq,
Samawa branch] Account name: [ABC Coalition contractor]Account No: [as assigned by the bank branch where you establish the account]Point of contact:Mr. Fouad M. Moustafa, Managing Director IRAQNA: 0790-190-7068MCI: 914-360-0494EMAIL: firstname.lastname@example.orgBank Locations and poc’s:
Baghdad (above)Basra (Mr. Simon M. Simon, local (964) 1-040-62-3606)Hillah (Mr. Mawaffak A.L. Alwazzan, IRAQNA 0790-190-7098)Samawa (Mr. Talib A. H. Alghabban, IRAQNA 0790-192-3117, local (964) 1-815-1199)Wire Fees as of January 2005:1⁄4 point with a minimum charge of $5 and maximum of $100
rcookie says(): http://www.trade.gov/static/iraq_paymentsessay.pdf
rcookie says(): HERES THE SWIFT CODES BANK LIST FOR IRAQ....
dovi says to rcookie(): whats that mean to us?
rcookie says(): http://www.bankswiftifsccodes.com/sw...iraq-asia.html
dovi says to rcookie(): I know..Dovi and her questions...always questions
dovi says to rcookie(): does the womn understand anything?
rcookie says():= LOL
dovi says to clay(): good morning Bro
dovi says to rcookie(): (y) at lleast she reads minds LOL
rcookie says(): JUST SHOWS BIC & SWIFT CODE STATUS THAT SOME MAINTAIN WAS LAUNCHED ON 8TH...LOL....
msdiva says(): ooooooooooooooo weeeeee look at all those numbers 8-|
HEARTLAND says(): rcookie...are you saying that the codes were not launched on the 8th?...thanks
rcookie says to HEARTLAND(): THAT WAS FROM 2005^^^^
da58 says(8:22 AM): http://www.parliament.iq/details.aspx?EvID=22295
I don't see amnesty or fed ct here.. didn't they say Thursday? This is the printed agenda.. I suppose it's not written in stone, but...
tman23 says(): The Kurdish Government announced Wednesday its readiness to deliver its oil production for the Federal Government in Exchange for securing payment of all salaries of the territory.
Kurdistan Presidency said in a statement received "Kurdistan declares its acceptance of the proposal made by Iraqi Prime Minister Haidar Al-Abbadi to ensure all staff salaries Kurdistan million and four hundred thousand people", stating that "the region needs a month to 890 billion dinars to pay salaries, including 336 billion dinars for the peshmerga."
rcookie says to HEARTLAND(): KURDS AGREE WITH ABADI INITIATIVE
dovi says to clay(): -* things are much better...I'd say better than over the past year...but a ways to go. Problem was wrong meds and overmedicating
rcookie says to da58(): AMNESTY WAS PUSHED TO SNDAY OR MONDAY...FED COURT TO EARLY MARCH....
rcookie says to da58(): UNBELIEVABLE....
rcookie says(): Kurdistan government have indicated their willingness to accept the "Abadi initiative" and deliver the oil to Baghdad in exchange for payment of salaries to its employees
Writer: Editor: BK 02/16/2016 23:41 Number of Views: 574
Long-Presse / Erbil Announced that the Kurdistan Regional Government, on Tuesday, its acceptance of "initiative" Prime Minister Haider al-Abadi, on the extradition of its oil imports in exchange for payment of salaries to its employees, stressing the importance of continuing dialogue between Baghdad and Erbil and implementation of the legal obligations on the basis of common interest.
The presidency of the Kurdistan Regional Government, in a statement received (range Press), a copy of it that "the provincial government have indicated their willingness to accept the proposal of the Prime Minister Haider al-Abadi, the private insurance sector salaries province's 1,000,400 thousand people," noting that "the provincial government is willing in return for the
rcookie says(): delivery of All output of the federal government. "
The statement added that "the province a month needs around 890 billion dinars to pay salaries go, including 336 billion dinars for the Peshmerga," noting "the importance of continuing the dialogue and the implementation of legal obligations with the government on the basis of mutual interest and to ensure the legal and financial benefits of federal revenues in accordance with the Iraqi constitution."
The Prime Minister Haider al-Abadi said in an interview with Iraq's official channel, that Baghdad would pay the local government officials in Iraqi Kurdistan, the salaries, if they stopped selling oil to the region outside, noting that the region gets the revenue from the oil issued.
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rcookie says(): The Ministry of Natural Resources in the Kurdistan Regional Government, said in (the fourth of February, the current 2016), about the rise in oil exports from the region the rate to 601 thousand and 811 barrels per day, in January 2016, after it had been 17 thousand and 755 barrels in December 2015 the past .
The Kurdistan Regional Government, facing a severe financial crisis, as a result of the repercussions of the decline in world oil prices, and the war against (Daash), which led to Shell economic life in the region, and delayed its staff salaries for more than four months (since September last 2015), with its large deductions ranging from 15 to 75 percent of the January 2016 salary, which is spending it in the past few days.
The Baghdad and Erbil have reached the end of the year deal last 2014, it stipulates that delivers the Territory and the federal government (oil marketing company SOMO), 550
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rcookie says(): thousand barrels of oil than those produced from the fields as well as Kirkuk, the Federal Government to take over their share of the general budget of the exchange, but the agreement did not It stands for long as soon collapsed as a result of "lack of commitment of both sides to implement it," according to released from mutual accusations, although in the current 2016 budget law, which included the renewal of that commitment.
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subgirl says(): I like that "Abadi Initiative" :)
tman23 says(): The chatter is during the Abadi reshuffle the government may move into a caretaker status government until the approval and seating of technocrats........
Does make sense as Parliment and Political heads have given approval for Abadi reforms.......
And the 90 day "mini dictator" would work quit well to squash any immediate problems that arise thus avoiding the red tape political road blocks.... AND the same appears to be taking place inside the KRG.......
As one article put it......Save the country or Save the government ?? ....... Those were the 2 choices.......
Comments may be made at the end of Part 3 Thank You