_firefly_ says():Article after article. This is amazing !
_firefly_ says():November 9, 2016 in Investment, Iraq Banking & Finance News, Iraq Industry & Trade News, Iraq Oil & Gas News, Politics, Security
The Iraqi government has said that the election of Donald Trump as US president will not change its relationship with the United States.
Government spokesman Saad al-Hadithi told Rudaw:
“The Iraqi-American strategic agreement, including the economy and war on terror are all mutual files between the two countries and these ties will remain as they are and will not change anything between Iraq and the United States.
“There are common interests and mutual relations between Iraq and America and I don’t expect any of this to change with Trump’s victory.
“For the past eight years the democrats have been in power in the United States and today the republicans have won, but this is only the change of people and names and not policy. Politics will stay as they are now.”
He also told the Associated Press that Iraq is keen to develop its relations with the U.S. and “boost cooperation in the fight against terrorism.”(Sources: Rudaw, AP)
_firefly_ says():but this is only the change of people and names and not policy.
Doug_W says():saw that FF
clay says to _firefly_():hey bud thanks
_firefly_ says to clay()::)
Doug_W says():time will tell if that really holds true
_firefly_ says to clay():Sometimes it is good to reiterate certain passages :)
clay says to Doug_W():well the kurds are real happy
clay says to Doug_W():now maybe they will get the arms O never gave them
Doug_W says():but waht do they need them 4 now with Daesh on its way out?
Doug_W says():Bagdad might be VERY upset ...
clay says to Doug_W():kurds have their own army and lands they need to protect
Doug_W says():I wold think with reconcilliation they wold be part of Iraq forces not sepoerate
clay says to Doug_W():they are the ones that started defeating ISIS
Doug_W says():very true
clay says to Doug_W():time will tell
Doug_W says():there ya go
_firefly_ says():Adding it all up: the macroeconomic impact of Basel III and outstanding reform issues
by Ingo Fender and Ulf Lewrick BIS Working Papers No 591
November 2016 As the Basel III package nears completion, the emphasis is shifting to monitoring its implementation and assessing the impact of the reforms. This paper presents a simple conceptual framework to assess the macroeconomic impact of the core Basel III reforms, including the leverage ratio surcharge that is being considered for global systemically important banks (G-SIBs).
We use historical data for a large sample of major banks to generate a conservative approximation of the additional amount of capital that banks would need to raise to meet the new regulatory requirements, taking the potential impact of current efforts to enhance G-SIBs' total loss-absorbing capacity into account.
To provide a high-level proxy for the effect of changes in capital allocation and bank business models on the estimated net benefits of regulatory reform, we simulate the effect of banks converging towards the "critical" average risk weights (or "density ratios") implied by the combined risk-weighted and leverage ratio-based capital requirements.
While keeping in mind that quantifying the regulatory impact remains subject to caveats, the results suggest that Basel III can be expected to generate sizeable macroeconomic net benefits even after the implied changes to bank business models have been taken into account.
_firefly_ says():the emphasis is shifting to monitoring its implementation and assessing the impact of the reforms.
This is the Bank of International Settlements talking folks. The mother of all banks
_firefly_ says():Association of Banks concluded training session on the basics of accounting
2016/11/10 | 11:10 (Encyclopedia of the Day News | Iraq News ) - Economy News Baghdad Association concluded the Iraqi Special Almasarv, business training course the basics of financial accounting.
According to a statement of the association received Economy News that he was close of course the basics offinancial accounting organized by the Iraqi private banks association and lasted three days during the closing ceremony which was attended by representative of the Governor of the Central Bank adviser , professor Walid Idi sedan Member of the board of the Central Bank representative of the private banks Dr. Majid picture and President of the Association Mr. Wadih Handal distribution of certificates to the trainees participating in the session.
this was attended by 29 trainees representing a number of private banks The number of 10 banks in addition to thetwo institutions Sandtan. in
_firefly_ says():The basics of accounting huh?
_firefly_ says():Central Bank distributes loans to private banks and adviser Abadi prepared by activation of the Iraqi economy
Author: HH, NS editor: HH, NS 10/11/2016 10:06 Number of Views: 338
Long-Presse / Baghdad Prime Minister of Financial Affairs Advisor to detect the appearance of Mohammed Saleh, said Thursday that the Iraqi Central Bank will distribute loans to private banks, and counted with activation of the Iraqi economy, he confirmed the inclusion of small and medium enterprises such loans.
He said the appearance of Mohammed Saleh, said in a statement received (range Press), a copy of it, that "the aim of the local economy development and solving the economic problems of the citizens and the support to the initiative of the loans of the Central Bank of Iraq will be distributed loan trillion dinars on private banks estimated fair, under the controls and the ability to manage it "noting that" the loans will include small and medium enterprises that are active capital and the economic cycle in Iraq. "
Saleh added that "some of the complaints which may be raised by the private banks, but the central bank is able to solve them," denying "the existence of Marqlat on the loan or the delay in the distribution."
The Governor of the Central Bank and the Agency Ali Mohsen Keywords, this week conducted a series of visits included a number of private banks to determine the main obstacles and challenges faced by banks in order to reach one goal, a financial and economic stability.
_firefly_ says():The Governor of the Central Bank and the Agency Ali Mohsen Keywords, this week conducted a series of visits included a number of private banks to determine the main obstacles and challenges faced by banks in order to reach one goal, a financial and economic stability.
_firefly_ says():I'm starting to like this guy more and more !
_firefly_ says():in order to reach one goal, a financial and economic stability.
_firefly_ says to JD1():If Iraq screams any louder they will lose their voice lol
JD1 says():agree this is moving fast amazing progress
Doug_W says():weeks now not months IMO
_firefly_ says to JD1():Hyper drive IMO !
baxter says():Could it move any faster...??
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