Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Thursday PM Chat 10-20-16 Part 2 of 3
rcookie says():Banking reform the beginning of economic revival
20/10/2016 0:00 BAGHDAD / morning issued by the Union of Arab Banks book «banking reform first step of economic reforms in Iraq» researcher and economist Samir Abbas Alnasiri.
Seeks writer through his book to keep up efforts to achieve reform seriously and actively in the Iraqi banking sector and economic developments.
The book includes a reformist project integrated the banking sector is based on the study and analysis of the reality of the banks in the current economic circumstances, Alnasiri reviews in his book crisis and opportunity and the first steps of economic reforms and the development of the private sector , a key pillar of economic reform, and the strategies of national security.
It deals with the writer to the executive proposed program of financing small and medium enterprises and the role of economic media requirements in the reform, along with human banking resources development and the promotion of Islamic banking.
he praised the secretary general of the Union of Arab banks , the book, which includes 21 chapters in 173 pages, saying: this book is the result of the efforts of distinctive and accumulated researcher Samir Nasiri is the starting point for officials and professionals, researchers, economists and bankers to benefit from the incorporation of curriculum reform that brings the Iraqi banking sector to its leadership and its active role in promoting the national economy.
he described Fattouh book as a typical banking as a teacher are strong, experience and tradition and good efficiency.
he said the secretary - general of the Union of Arab banks that Union welcomes the efforts of researcher Samir Abbas Alnasiri flowing into the this trend and encourage all constructive ideas for Iraq remains the most attractive for investment and chief rival country in the Arab and international financial markets.
the author shares prepare and issue more than 50 study the economic and banking and search, as well as many economic articles, also contributed to the preparation of training programs and lecturing staff working in the government and private banks in the banking training center.
jeffusa says to rcookie():thanks... it all looks good......
shelley1 says():Hello, does anyone know what happended to Millionday? Thanks
jeffusa says to shelley1():she retired
shelley1 says():That's wierd timing, but thank you
sheila3 says to jeffusa():lol
rcookie says():The three economic errors
20/10/2016 0:00 Dr.. As Abdul Hadi why the economic situation is still weak? And why has not changed as it should be in a country with such wealth?
These questions are among the most frequently asked questions that are often put on us by our students and our friends, everyone was dreaming of a new economic reality radically different from what it is like before the fall of the dictatorial regime, blockade had been lifted and the oil returned flowing and prices reached the acceptable limits, and import open and salaries increased What 's the problem?
the problem began with the taking of three economic decisions "wrong" (in the civil administrator time) are still suffering from the negative and IMHO its repercussions will stay well until processed and these mistakes are the first to raise the tariff for imports, which was intended to provide goods for Iraqis cheaply and compensation for years of deprivation (economic sanctions) as well as re - economic relations with the outside world,
but that has led to the killing of the domestic industry 's nascent one hand because of commercial dumping, as well as a waste of cash our reserves because of the poor quality of most of the imported goods on the one hand the other.
The second error is raise the Iraqi dinar exchange in order to improve the income level of the price, but interest was limited to the category of traders and speculators after the successful "business cartels" are in control of the financial cycle with the help of some bank branches, and error the third was the lifting of the pay scale suddenly and significantly from what it was before 2003.
and this led to an increase in consumer domestic demand encased externally and then the general level of prices rising and thus lower the income level of the real.
Christian coconut head of the IMF Mission for Iraq says we have made good progress towards the completion of the first review of the agreement to prepare the credit,
which provides financial support for the next three years, this is good but temporary cure and we will stay and to stretch an invisible suffering from problematic unilateral returns and inflation , government spending , and this dilemma requires a review of past mistakes and processed with an economic vision for the future based on the diversity of the fiscal revenue of the country.
rcookie says():'It has truly been worse than hell': Iraqi village finally tastes freedom after years of Isil rule
An Iraqi soldier holds a child in the village of Khaladia, south of Mosul, Iraq
An Iraqi soldier holds a child in the village of Khaladia, south of Mosul Credit: Sam Tarling / Telegraph Josie Ensor
20 OCTOBER 2016 • 8:39 PM THE VILLAGERS CRIED "YOU HAVE COME , you are here! Alhamdulillah (Thank s God) ", as they ran out from their homes to greet the Iraqi army humvees.
One elderly woman fell to her knees before ripping off her black face veil and bursting into tears.
Iraqi Troops arriving The in the village of Khalidia, south of the Mosul , on Thursday were the first outsiders most of the residents Had seen for more than two years.
The Telegraph, embedded with the 91st Brigade, witnessed the moment it was liberated from Islamic State of Iraq and the Levant (Isil).
Ululating soldiers shot up in the air with their kalashnikovs as they celebrated their victory in the dusty Nineveh plains.
An Iraqi soldier greets a relative in the village of Khaladia Credit: Sam Tarling / Telegraph
A column of tanks and armoured vehicles flying the Iraqi, as well as Shia Hashd al-Shaabi militia, flags poured into the village at midday.
White cotton rags fluttered on top of houses close to the frontline, to signal to the army not to shoot.
Almost all Unlike the : other towns and Villages Which have been Liberated since the start of the offensive , Khalidia is the only one 's to be found with Civilians still inside and Largely intact.
Gen. Ghassan Mohammed Wajeeh said that victory had come swiftly due to the help of the residents, who had the previous day sent their commander text messages detailing the Isil fighters' location and a map of where they had planted IEDs.
The coordinates were sent to the US-led coalition, which has a control centre a few miles southwest in the town of Qayyarah. An airstrike at dawn yesterday destroyed the jihadists' final holdout.
"It was a joint effort by the people of Khalidia, the army and the coalition," Gen. Wajeeh said as he went around shaking each officer's hand.
The troops came down from their tanks to pose with babies and hand out cigarettes, which had been contraband under Isil.
Salam Ramadan holds his son as Iraqi army forces enter the village of Khaladia
Salam Ramadan holds his son as Iraqi army forces enter the village of Khaladia Credit: Sam Tarling / Telegraph
"We are so happy to see you, it has truly been worse than hell," said Amina Abdullah, who looked much older than her 65 years. Her black niqab lay abandoned on the floor. "It feels like this is our salvation, that somehow I was dead and now I am alive."
She said since they took control in 2014 Isil had ruled the village of some 1,500 residents with an iron grip, telling them what to wear, what to eat and even when they were allowed out the house.
sheila3 says to Ame963255():yes it is lol
rcookie says():"Every week Daesh brought their own food in from Mosul, we were not allowed any of it," Mohammed Ibrahim said, using the Arabic name for the group.
"It was just bread and goats' milk for us," he said, stroking his smooth chin as he took a drag of a cigarette. Both of which would have been unthinkable just the day before.
He had been whipped by the Islamists many times for minor infractions such as not wearing his beard long enough, smoking, or being caught out after the strict sunset curfew.
A man takes a selfie in front of a fire from oil that has been set ablaze in the Qayyarah area, some 35 miles south of Mosul
A man takes a selfie in front of a fire from oil that has been set ablaze in the Qayyarah area, some 35 miles south of Mosul Credit: YASIN AKGUL / AFP / Getty Images
He took another packet of the local brand tobacco from one of the soldiers, who was passing them out to the men in the room.
After the meal, the commander stood up abruptly and announced the troops must leave quickly in order to reach the next village before dark.
The Telegraph followed their tanks, and watched from the hill overlooking the battle as it unfolded.
Gunfire crackled and mortar fire sent grey plumes into the sky, already an apocalyptic black from the smoke from oilfields that have been burning uncontrollably in the nearby town of Qayyarah.
Then three powerful explosions.
Children make victory signs outside their homes in the village of Khaladia
Children make victory signs outside their homes in the village of Khaladia Credit: Sam Tarling / Telegraph
"Do not worry," one officer said, "we are just trying to get rid of the last Daesh, we're just trying to scare them away in case there are any there still hiding."
W atching from the hill was Sgt. Adnan Aziz Ali. It was a particularly emotional moment for him. The village of Tel Shahir that the troops were fighting for up ahead was his hometown.
He was forced to flee with wife and children in 2014, leaving his three brothers behind to an unknown fate. He has had little contact with them in that time, save for a few snatched phone calls.
The brothers have not any money, as Isil forbade them from working, so Sgt Aziz transfers credit to their phones each month so they can talk.
Iraqi forces sit in the back of a vehicle as troops advance through the desert on the banks of the Tigris river, northeast of the main staging base of Qayyarah
Iraqi forces sit in the back of a vehicle as troops advance through the desert on the banks of the Tigris river, northeast of the main staging base of Qayyarah Credit: AHMAD AL-RUBAYE / AFP PHOTO
His brothers would have been killed if Isil had known they were related to an Iraqi sergeant.
"They know about the battle, that we are coming for them," he said. "For two years now I have not been able to smile or be happy, knowing we are separated. When Tel Shahir falls I will smile once more. "
sheila3 says to rcookie():thank you :)
sheila3 says():sad about the little kids
Ame963255 says():Ordinace has NO conscience 3
sheila3 says():i know,but its still a sad thing
sheila3 says():kids are kids no matter what country there in
Ame963255 says():I agree
SRW says to rcookie():(y) Can you imagne? It's like the Berlin wall being blown up in a million pieces!! Family menbers separated for years! Well, I guess unless it your mother in law!! Please keep her away from me!! I think she's the leader of ISIS!! :D