Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Sunday PM Chat 6-5-16 Part 1 of 2
E DU.......CHECK THIS OUT.......
Hutch says to rcookie():OK
rcookie says():Serious steps to expand the deposits of banks
6/6/2016 0:00 BAGHDAD - Farah pumice encouraged citizens financial expert to save their money in banks, especially with the start taking serious steps in the field of insurance funds and the granting of benefits to work to expand the deposits of banks.
It is estimated current monetary bloc that squandering of citizens in their homes between 30 experts - 40 trillion dinars .
The expert said Thamer al - Azzawi «morning»: The government and the banks began positive steps to attract deposit funds, but these steps need to be a real activation, in addition to the money deposited what is beneficial for both sides with the increase in economic growth of the country 's investment.
according to the Iraqi private banks association, the increase in deposits of citizens in banks where reflections of great positive on the financial and economic sector of Iraq because increasing the deposit means more growth and increased firing of loans and operating labor and project implementation opportunities.
Azzawi highlighted the importance of the adoption of new standards to urge citizens to deposit funds, including the adoption of modern technology as organs of deposit and exchange mail and expand the work of credit cards, suggesting the possibility of the deployment of these devices as an experiment previews of the financial banking offices and be depositing or withdrawing money without taking the benefit of the citizens , the percentage shall be handled between banks and owners of banking directly.
Read More http://www.dinarupdates.com/showthread.php?35444-Serious-steps-to-expand-the-deposits-of-banks-6-5&p=153743#post153743
rcookie says():HERE COMES THE CHUNKY MATTRESS MONEY.........
Hutch says to rcookie():40 trillion !!!
Hutch says to rcookie():Thats a lot of chunky !
wmawhite says to rcookie():Those slackers........................never accomplishing anything..........always the same ole stuff.........
Hutch says to wmawhite():twiddling thumbs
wmawhite says to rcookie()::'(
Hutch says to wmawhite()::D
rcookie says():AND.....WOW!!....CHECK THIS OUT!!!!!...
rcookie says():Provide transparency by adopting the digital economy
6/6/2016 0:00 BAGHDAD Mustafa al - Hashimi said economic researcher Lubna al - Shammari: the adoption of new technologies and their applications in the economic aspects of Iraq would strengthen governance and check gears quality in the performance of the economy in general and the stock market in particular.
Modern systems and added - Shammari said in an interview »Sabah» that Iraq sought market Securities for the application of modern systems for the success of the deployment of trading directly on global sites will serve as a magnet for investment indirect factor and enhances the performance of the market.
She said the show trading bulletins own market Iraq Securities on the Arab and international economic sites will be the definition of foreign investors , exchange - traded sectors factor as well encouraging local investors to engage in the side of the indirect financial investments.
announced the Iraq Stock Exchange, the middle of last month, the signing of three agreements for the development of their dealings in order to ensure market move new, advanced to the stage and content in its financial transactions.
financial Services is seeking market to expand its contracts to include other specialized agencies the provision of financial services and dissemination of data and information for financial markets to investors, including data and prices of shares traded for the moment implemented online price over the bar prices ».
and put a Shammari Speaking to direct the transformation of Iraq 's importance to the digital economy as it provides transparency and significantly reduce the corruption and manipulation and fraud, as well as the reduction of effort and time to stroll public transactions and ease the pressure on staff during the completion of transactions in different ministries and departments.
and felt it was time to leave paperwork and transition to digitization and computerization of data and information instead of paper archiving outdated system, stressing that a number of departments of ministries began working mail , but the others have not been able to shift entirely to the digitization of information, data and computerization can cause confusion for the auditors between the two circles.
Read More http://www.dinarupdates.com/showthread.php?35445-Provide-transparency-by-adopting-the-digital-economy-6-5&p=153744#post153744
rcookie says():APPLICATION OF MODERN SYSTEMS FOR THE SUCCESSFUL DEPLOYMENT OF TRADING DIRECTLY ON THE GLOBAL SITES WILL SERVE AS A MAGNET FOR INVESTMENT AND INDIRECT FACTOR THAT ENHANCES THE PERFORMANCE OF ISX!!!!!.........BOULYAAAAAAAAAAAH!!!!!!!
wmawhite says to rcookie():the sleeper in what we are looking for.........the "when"...........""
wmawhite says to rcookie():announced the Iraq Stock Exchange, the middle of last month, the signing of three agreements for the development of their dealings in order to ensure market move new, advanced to the stage and content in its financial transactions.
rcookie says to wmawhite(4):AGREED....FOUNDATION LAID....WAITING ON TIMING...
wmawhite says to rcookie):Now think of that statement........."MODERN SYSTEMS FOR THE SUCCESSFUL DEPLOYMENT OF TRADING DIRECTLY ON THE GLOBAL SITES ............."
wmawhite says to rcookie():TRADING DIRECTLY ON THE GLOBAL SITES ............."
wmawhite says():folks.........TRADING DIRECTLY ON THE GLOBAL SITES ............."
rcookie says to wmawhite():HELLO DIGITAL & PAPERLESS!!!!!....
rcookie says to wmawhite():WOW IS RIGHT!!!!!
wmawhite says to rcookie():seriously........???? going to trade on global sites with most of their shares at 1 and 2 dinar per share.............
wmawhite says to rcookie():No way!!!
kayb says():It's coming, I do believe.
wmawhite says to rcookie():You could sit at home and buy up every remaining share of the ISX for less than a few thousand dollars,.......unless the value of those shares change before hand.
rcookie says to wmawhite():EXACTLY....AND NOW WITH THE RECENT INSURANCE SECTOR NARRATIVE IN LAST 2 WEEKS IN ALLFINANCIAL SECTORS....
wmawhite says to rcookie():....and yet,........what did they just tell the world........."TRADING DIRECTLY ON THE GLOBAL SITES ............."
rcookie says():COME ON DU!!!!......ARE YOU KIDDING.......THESE ARE BIG SMILES!!!
kayb says():Who says we are NOT smiling? It's hard to type when you are jumping up and down!!!
rcookie says to kayb():LOL
wmawhite says():Folks,............this is not me nor Hutch, nor rcookie, nor anybody else in this room making this up. instead, it is them......those people over there telling you this......not me telling you,......them telling you!!!!!
willie60 says():We're all smiling here you guys. Thank you all.
Pablo says():Rv, Rv, Rv,Rv!
bibi says to rcookie():Wow, I just came on. Awesome news!!! Holy cow!!! Thanks, Rcookie and Mr. White. That really DOES merit a BIG smile! :):D:):D
Martha Sue says to rcookie():just coming in ... but that sounds wonderful! Huge smiles here! :D:D
kayb says():We are smiling - but grounded!!! Heck - we are grinning!!
rcookie says():I NEED A PLASTIC SURGEON...
kayb says):cuz the corners of your mouth are ripped? like mine?
Martha Sue says to rcookie()::D:D
larrykn says to rcookie():wow just came back in , now that is something to be jumping up an down over :) :)
wmawhite says():The one entity rarely spoken about........the ISX, quietly positioning itself,...AS WE WERE JUST TOLD.................to what????....to "TRADING DIRECTLY ON THE GLOBAL SITES ............."
Hutch says to rcookie)::D
larrykn says to wmawhite():now what is needed for them to trade on the global site :)
kayb says():more than 1/10 of a penny!!
wmawhite says():you may ask......."so what???".........the what is the price of the shares on the ISX....shares of most banks are at 1, 2, 3 dinars per shares.........those share are less than $0.01. If you owned a bank would you offer shares of your bank to the world at less than $0.01?
rcookie says to wmawhite():I TRULY BELIEVE THE ENTIRE FINANCIAL SECTOR HAS REPOSITIONED AND REBRANDED ITSELF....BANKING...BONDS...ISX...REAL ESTATE...INSURANCE...
wmawhite says to larrykn():they have all of the infrastructure and operational systems in place.........IMO, IMO, the ISX is waiting on the CBI and GOI.
wmawhite says to larrykn():I am not one that believes in a floating to a true value.....................
larrykn says to wmawhite():neither am I
wmawhite says to larrykn():and why,........because the economy of Iraq is alreadya 1,000 times stronger than what its currency value currently depicts.
larrykn says to wmawhite():I think they will come out at a true value whatever that will be
wmawhite says to larrykn():.....and a as strong or stronger than every other country in the Middle East......yet, the IQD is anywhere from a 1,000 times to 10,000 times less in value than all of those other countries.
wmawhite says to larrykn():and the IQD is as strong....*
geofitness says():I know George Soros is a huge currency trader/shorter. I looked up his portfolio, unable to find any IQD in it. But then again I was not privi to everything.I would think he would know a lot about this and be involved if it were as real as we believe and read it to be in the news
larrykn says to wmawhite():kind of tells us what a great investment we are in :)
nick says():WOW! WOW! WOW!
nick says():Thank you rcoockie for news
rcookie says():Insurance sector
Author: Yasser incumbent 05/06/2016 0:00 Insurance is a central nerve between the three pillars of the financial sector , a bank, insurance, stock market, but the insurance effort is absent from the arena of media economic but Mander.
Advantageous that the citizen briefs in particular and all the activities that can benefit from insurance services on the unfinished insurance sector that displays in the media, economic and , especially, to their importance in a serious contribution in supporting economic development programs.
as well as being a means to promote the benefits of insurance and its importance in supporting and promoting economic activities, it will allow the Tracker available on the movement and activity of insurance in the country to analyze the advantages and its impact on the economy and managed to straighten orientations, no insurance, about the development process through the visions of finance and economy experts.
drew my attention a flash for one insurance experts said the decline in the performance sector , private insurance companies, which is more like a complaint about unequal competition .. I find it to be reminded that the private sector, within the Constitution, the partner sector year in all its activities and through this partnership , we can evaluate our economic performance to the fullest.
so I find it appropriate to invite the Office of insurance, which is directed to the insurance activity, to the initiative in creating a coherent relationships between public and private insurance companies for the interest is supportive of the insurance process. it is
true that the confidence gained by public sector companies much of the private sector higher but needed to dispel these fears by supporting and encouraging the private insurance sector.
according to my belief that the civil insurance companies possess significant qualifications success when left untouched from the expertise and financial solvency could be implicated for development programs, but lacks the bridges of trust and support from the Office of insurance to restore confidence corporate civil eligible within assessments Court and work to involve these companies in the large risks insurance so they can be to promote insurance in supporting the sector 's financial.
to my knowledge , that the large investments of the first requirements discreet financial sector Bmassarvh companies secure and Borsth this is an important Taatkvlha stakeholders in order the sustainability of the role of insurance in the financial sector support programs in development.
Read More http://www.dinarupdates.com/showthread.php?35440-Insurance-sector-6-5
wmawhite says():Time for some java..............
angus says to wmawhite(forget the java get something stronger.... just sayin!
rcookie says):THERE WAS NOT A SNOWBALLS CHANCE IN BAGHDAD OF ACQUIRING AND CAPTURING INT'L BUSINESS & INVESTMENT WITHOUT A COMPLETELY REVAMPED PRIVATE SECTOR INSURANCE INDUSTRY IN THE MARKET TO QUELL THE LACK OF CONFIDENCE OF BEING IN BED AND DOING BUSINESS THROUGH THE STATE RUN INSURANCE SYSTEM.......
NOT A MOLECULAR CHANCE!!!!!!
wmawhite says to angus():Once I get to the Ritz Carlton on St. Thomas, VI
angus says to wmawhite():I'm getting butterflies......
angus says to wmawhite():I hear ya!
rcookie says():PUT A FEW DINARS IN THIS......
rcookie says():Businessmen Union in Basra starts with the founding of the largest joint-stock company in the province
Wrote: June 2, 2016 Basra province Iraqi Businessmen Union in Basra announced, on Thursday, he began the first steps of the founding of the largest joint-stock company in the province hundreds of business involving, among the company was going to open its own bank.
The head of the Union Sabih Habib al-Hashemi said in a statement, said that "at least 500 businessmen optical mostly have only regional decided to participate in the establishment (United Basra company) which will be the largest joint-stock company in the province,"
noting that "the capital of the company at its founding will not be less than 100 billion dinars, and when capital rises to 250 billion dinars will create a bank that cares about the financial transactions of the company. "
He Hashemi that "the establishment of the company action at an advanced stage, and when the shares put up for sale during the IPO meeting of the year will be the business participants to the project to buy the most part, and the remainder will be available for those who wish of the people of Basra,"
he said, adding that "the company does not define itself in the business sector certain, but will be strongly active in various sectors, including construction and the building industry and tourism, where it plans to implement a package of investment projects, in addition to the implementation of projects contracted with the local government in the province. "
Read More http://www.dinarupdates.com/showthread.php?35347-Businessmen-Union-in-Basra-starts-founding-of-largest-joint-stock-company-in-province
Pablo says():So, when are they fully activating the ISX globally?
rcookie says():THATS BASRA!!!....
Hutch says to rcookie():Is this what we were talking about the other day?
rcookie says to Hutch):(y)
rcookie says to Hutch()NOT TIED TO A GIVEN SECTOR...A PROVINCIAL FUND..
Hutch says to Pablo():Youre asking for a date .....
Hutch says to Pablo():Be careful
wmawhite says():Folks!!!!......this is an example of the big investment coming into Iraq........in order for that investment group to be put together they had to have big money behind them..................this is the beginning.
rcookie says to Hutch():rcookie has closed the private chat window!
rcookie says to wmawhite():AND ONCE THEY REACH THE 250 BILLION DINAR CAP ..WILL ESTABLISH THEIR OWN BANK TO ADMIN THE FUND...
Hutch says to rcookie():(y)