Post From Dinar Updates 2-28-16
Chat Room Excerpts & Highlights
Dinar Updates Sunday PM Chat 2-28-16 Part 1 of 3
rcookie says( The lifting of the sanctions imposed on Iran to contribute to the rehabilitation of the Iraqi market
FEBRUARY 28TH, 2016 Enhanced the growth of religious tourism between the two countries
Baghdad: new morning: Thought on economic, to lift a ban on Iran might lead to results provided by the investment in terms of increasing the presence of economic activity in the Iraqi market and possible benefit in pace's contribution to Iranian companies operating in Iraq.
The expert stresses that what is said about the release of large amounts of frozen Iranian funds will contribute significantly to the revitalization of the Toman exchange rate against the dollar, Iran would have an impact on Iraq's economy, given the size of large commodity exchanges between the two countries.
Read More :http://www.dinarupdates.com/showthre...270#post146270
rcookie says( They point out that factor geographic proximity and history between the two countries would be helpful in broad sectors of the two countries benefit from higher income Iranians reinforcing religious tourism development between Iraq and Iran, and is a reliable responsible tourism companies.
According to the information that many companies active in this field is the same for a new phase of activity after a period of stagnation that prevails in the hotel sector, especially in the provinces of Karbala and Najaf.
Bank Branch Manager draws «barsian» in Baghdad, Mr. Prince, the importance of providing the security environment which helps to provide better services to customers after an increase in the number of branches of Iranian banks operating within Iraq.
Expert finds that the anticipated shift in the Iranian economy will be positive repercussions on Iraqi production sectors suffer from declining activity and thus will be recovered at the expense of commodity production.
jarhead says( she had to get new mice to run the squirrel cage for her internet :D
subgirl says to rcookie( GA and thank you for the news! :)
subgirl says to rcookie( Enhanced the growth of religious tourism between the two countries
rcookie says( Economist Mohammed Sharif Abu maysam, that rising costs in the productive sectors, found in the Iraqi market window for the marketing of their products and have contributed greatly to the dumping which impeded the growth of the real sectors of the country,
would raise the selling price of their products in Iraq over the prospects for lower demand for these commodities, pushing in the direction of the search for alternatives to satisfy local market needs and therefore supports local producers and facilitate the task of Government to support the private sector.
He predicted, in an interview carried by the «life» international producers, resort Genoa Iranian money from marketing their products in Iraq, to enter the labour market and investment in Iraq to reduce the cost of production and marketing and to ensure continued their domination on a large segment of consumers, will contribute to providing more jobs for the unemployed to work.
Read More :http://www.dinarupdates.com/showthrea bad link
rcookie says(3:27 PM):
As the lifting of the ban on Iran's banking sector, ease the pressure on the Iraqi market that has seen a growing demand for hard currency from Iranian traders who have contributed to the fluctuating exchange rate of the dollar against the Iraqi dinar as a result of increased demand for hard currency to finance external trade, as well as prospects for lower rates of tourism activity from Iraq to Iran,
which saw a major escalation during the past years, due to rising middle class incomes and the decline in the exchange rate against the dollar, the Toman Iran what would mean declining cash flow block The Iraqi market to Iran.
http://www.microsofttranslator.com/b...spaper%2F75920 bad link
rcookie says( A LOT OF PEOPLE LOOKING FOR WAYS IRAN ECONOMY SINCE POST SANCTIONS WILL IMPACT IRAQ....
jarhead says( .,,hey cookie jarhead says( seems like theyre mirrored
rcookie says( THIS IS YET ANOTHER REASON PRIVATE SECTOR ACTIVATION ALONG WITH CUSTOMS AND EFFICIENCY OF BORDER CROSSINGS OPERATIONS IS SO IMPORTANT BETWEEN IRAQ & IRAN WITH TH 3.5 MILLION RELIGIOUS VISITORS EACH YEAR...AND RESULTING COMMERCE REALIZATION....
da58 says to rcookie( isn't there a major site at Mosul they must control for tariffs? border/port/ whatever.. ?
rcookie says( IRAQS LABOR MARKET AND INVESTMENT REDUCES PRODUCTION COSTS AND PROFITABILITY....
AND ADDRESSES DEMAND FOR HARD CURRENCY CAUSED BY TRADERS CONTRIBUTING TO THE DLUCTUATING EXCHANGE RATES WITH INCREASED DEMAND OF HARD CURRENCY TO FINANCE EXTERNAL TRADE...
rcookie says( Muntherya (border with Iran)
Al Waleed (border with Syria)
Baghdad Airport (BIAP)
Baghdad Train Station
Basrah Airport (BIA
E r b i l ٔ
rcookie says( NEW IRAN BORDER POINTS & TRADE ARENAS
SHIHABI IN WASIT PROVINCE QAZANIAH IN DIYALA PROVINCE.....
jarhead says( shabibi needs to be in CBI province :D
rcookie says( SO THAT MOSUL BORDER CROSSING POINT OBVIOUSLY CLOSED AFTER FALL AND OCCUPATION....
buck says( can anyone confirm that the federal courts law has passed ....??????
jarhead says( idk
buck says to jarhead( ok we have confirmed that two of us dont know lol lol lol
Holly1 says( Tomorrows News Workshop to stimulate investment 2/29/2016 0:00
Holly1 says( Indirect regulates the Iraq Stock Exchange and workshop at the twenty - third of the month of April under the title «electronic trading role and rules Iraq Stock Exchange in stimulating investment
Holly1 says( This comes at a time when the stock market seeking to play their role in the local economy and discuss efforts to strengthening the role of the private sector companies to contribute to gross domestic product and support Iraq 's economy.
A source at the Iraq Stock Exchange in a statement to «morning» includes the workshop, which will be held in the Baghdad Hotel bows hall, set up five presentations or axes
Holly1 says( looking at ways to invest in the securities sector development Finance, where he will premiere eating seeing Iraq Stock Exchange, and the second technological development and future plans, deals with the third presentation proposals investment securities attraction.
Holly1 says( the source includes a fourth display to see the Iraqi banking sector, while will address the fifth show the role of the financial investment companies in the revitalization investment securities. He stressed that he will be during the workshop launch discussions and proposals aimed at the development of investment in the securities sector and discuss the most prominent ways to advance own reality.
Holly1 says He pointed out that on the occasion of the seventh anniversary of the launch of the electronic trading system will be the opening of the exhibition of information and display products joint - stock companies , which will be held during the workshop which will allow to meet investors and communicate with them and look at the indicators,
jarhead says so it'll b april b4 the stock exchange comes on board ??
Holly1 says to subgirl( Tax supporting the productive sector 2/29/2016 0:00
Holly1 says to subgirl( BAGHDAD - Imad emirate economist said an academic from the Faculty of Administration and Economy of Mustansiriya University: Many countries resort to protect domestic industries that no longer be able to compete with imported industries,
which leads to raise the prices as there are conditions that rival the best of manufactured goods locally.
He said academic d. Ammar Majid Kazim , in an interview with «morning» used a number of tax countries as a means to encourage economic sectors such as tourism, industry or agriculture, so she exempting those activities from taxation.
Stimulate the economy Kadhim said that the tax is one of the important tools resorted to by the state to stimulate the economy in each of the cases of inflation and deflation and recession . in periods (recession and deflation), which are a feature of the modern economic system attributes, with less purchasing and consumption and piling products, the government is increasing the purchasing power of people , individuals with low incomes,
by reducing the income tax rate in the first of their parts and raise the amount of tax exemption, increase family exemptions and reduced indirect tax rates, particularly relating to the basic needs of citizens such as bread, tea, milk and dairy products.
He continued in a period of prosperity and inflation could use tax economic means, by reducing government spending and raising taxes on incomes and goods to ease the purchasing power of individuals and to curb private spending, and lower taxes on capital and savings to give impetus to projects production would contribute to lower prices, these measures must be part of an integrated economic policy,
but not isolated tax measures. investment Promotion and confirmed the possibility of imposing a tax in order to encourage investment in certain sectors or reduce it in other sectors, if the state deems that there is a need to encourage a particular sector, they resort to fully relieved of the tax rate or reduce the tax on the proportion of it.
the importance of taxes and between: this in turn works to stimulate investment in this sector, because the cancellation of the tax or reduction of working on increase the interest earned by the investor, and in return the state could resort to the imposition of high tax rate on sectors that feel increase investment for the needs of society,
leading to a decline in investment in this sector and channeled to other sectors less investment, for example, raise taxes on luxury industries and reduction in by contrast the industries Pharmaceutical. special taxes and pointed out that the taxes are used to prevent the concentration of economic projects that has become characteristic of this era, particularly the capitalist system,
and the emergence of multinationals , but a manifestation of economic concentration, explaining can use the tax as a way to fight this concentration, so It is by imposing a special tax exposure on each stage of production in the flying companies around the bloc , which increases the cost of producing this item, and limits the phenomenon of concentration.
He concluded d. Ammar used Alastosmaralamala tax to encourage saving, and this is done when the state exempt development revenue bonds issued by the state taxes to encourage such bonds, or tax on deposits reduction in provident funds or any other financial investment supports the national economy.
larrykn says( ty holly1 it sounds like he is talking to the people and saying inportant stuff but it does get confusing
rcookie says to Holly1( THEY ARE TALKING ABOUT THE DIFFERENCES IN PRICING AND EFFORTS OF CBI TO CONTROL INFLATION BY PUMPING LARGE QUANTITIES OF DOLLARS INTO THE MARKET....
larrykn says( ty rcookie but it sounded like they said if oil keeps droping the dinar will go lower to 1400 dinar per dollars we all know that would not be good for their economy
rcookie says to Holly1( SAYING MANY OIL DEPENDANT NATIONS VERY SLOW AT BUILDING THEIR ECONOMIED AWAY FRO OIL RELIANCE...
AND BY DOING SO DISALLOWS CONTRIES OF BEING INTERNATIONAL PRODUCER PLAYERS...BUT RATHER....PERMANENT CONSUMERS ALWAYS VULNERABLE TO SELLERS....WITH YOUR NECK IN THEIR HANDS....
rcookie says to larrykn( THEY ARE TALKING ABOUT OIL DROPPING AND DOLLAR RISING....AND IMPACT OF IN COUNTRY RATES...
larrykn says(\ well the one thing I've been seeing is the oil prices are on the raise
rcookie says to larrykn( THE AUCTIONS WENT BACK DOWN TO 97....AND ALL SORTS OF CBI & MOF ACTIVITY WITH BOND SALES...INTERNATIONAL AUDITING...AND 2 STATE BANK RESTRUCTURE AND PRIVATIZING....
jarhead says( so what does this tell us ?
larrykn says( yes I saw they are doing 17 auction per year now and did one on the 4th an another one on the 26 of march if I'm right
larrykn says( the currency bond sales are they an indication of a rate change coming??
Baxter1243 says( any chance of article 8 by March 1... like MDays articles said?
Comments may be made at the end of Part 3 Thank You Part 2