Millionday Roundtable 6/22/15 Part 2 of 2
Welcome to dinarupdates.com for Roundtable with Millionday!!
Millionday: NOTE --- IRAQ IS DOING THIS SO THEY CAN REMEDY THE RELIANCE ON JUST OIL AND ALSO TO GO TO THE GLOBAL MARKET -- WITH THEIR BONDS -- HUGE HUGE
Millionday: and he finished Abdul-Mahdi, said, "There is no doubt that the most serious threat any country is drowning in debt .. But what is more dangerous than that to get the country economic infertility and stop the development process,
It starts producing increasing rates of poverty, ignorance, underdevelopment and unemployment.Although the mobilization process development and launch of internships, but this process will remain Off and truncated without markets and relationships and global transactions ..
and the world today -_khasossa in the financial buildings and-economic is a world structured, ie it controls the phenomenon and hidden, the senior interests and states play Adora essential.
The decisions in these forums, in spite of all that is in them from the figures, information and professional, but also the decisions of the interests and impressions wrong and not necessarily an objective and fair decisions. "
Millionday: NOTE -- WHAT IS MORE DANGEROUS TO A COUNTRY IS ECONOMIC INABILITY-- AND THE HOLD ON DEVELOPMENT --- THEY ARE WORKING ON THE REMEDY ---LOVE IT
Millionday: NOTE -- IRAQ IS WHAT THEY CALL ECONOMICALLY OFF -- WOW -- SO THEY WANT IT ON---- SMILE
firefly_ Millionday: Iraq has been talking a lot about agriculture as well. Agriculture is just as important as gold and oil !!!!!!
Millionday: I AGREE -- AND THEY DONT WANT TO PASS IT BACK AND FORTH --- THEY WANT TO DEVELOP THEIR MARKET -- WHOOPOW
Millionday: He concluded by saying, "In any case, does not reflect the religion itself for malfunction as long as invested in the areas of development, investment and infrastructure or social services that develop human resources and population, and as long as there is a check on the payment.
The United States is one of the greatest economies, is also the largest debtor country in the world .. They and other major countries, all of the city, occupies the highest rates of "Category" global.
So it was to give the International Monetary Fund for Iraq in 2004 "loan crisis", evidence of Iraq efficiency in the payment of its debts, it infers the states and institutions in dealing with Iraq,
which was a key step in the "Paris Club" negotiations to get the greatest reduction obtained by the average country income such as Iraq, ie 80-90% of the total debt of $ 120-130 billion. Therefore it boasts top international companies got high as loans, as a sign of confidence by the banks and their ability to repay
Millionday: READ EVERY WORD
Millionday: SO WHAT HE IS SAYING IS -- THEY HAVE WORKED HARD TO MAKE SURE THEY CAN GET A HIGH CREDIT RATING BY PAYING DEBT AND THE MAJOR IMPORTANCE THEY MADE IN IT
slh5282: so with their strength in oil, gold etc, would it not be feasible they would be at least a BB or higher? consider the USA rating at AA and they have more assets in all of their commodities, correct?//
slh5282: this last statement that you presented says it all.
slh5282: the US being one of the largest debtors and the rating is AA
Millionday: THE REPORTS WE HAD DURING THE WEEK WERE ADDRESSING THEIR CAPABILITIES -- SO YES IT APPEARS THEY ARE TAKING INTO ACCOUNT EVERYTHING AND NOT JUST THE ACTUAL
Millionday: I AGREE
illionday: THEY ARE HOPING FOR A BB OR HIGHER -- LOVE IT
Jonhenry: Does a higher rating mean higher value of the dinar
Millionday: NO IT MEANS LOWER INTEREST RATES ON LOANS ETC -- AND HIGHER CREDIT RATING AND ALL THAT COMES WITH IT -- INTERNATIONAL BANKING GAINS -- INVESTORS HAVE LOWER RATES ETC
Millionday: BUT Millionday: THEY GAIN BY BEING MORE OF AN ATTRACTION
Millionday: MORE INVESTORS AND MORE CONTRACTS -- CONFIDENCE
Millionday: A HIGHER AS IT WOULD MEAN MORE GOES TOWARD PRINCIPLE
billionaire: Arent they supposed to attract investors with a high interest rate?
Millionday: NO - I RUN FROM HIGH -- RUN TO LOW
Millionday: IF YOU ARE THE ISSUER -- YES YOU WANT MORE BUT -- THIS LOWERS THE ATTRACTION -- CATCH 22
chickadee: Do they have to have a credit rating to rv?
Millionday: THEY NEED CREDIT RATING TO SHOW WHAT CONFIDENCE THE CONTRACTORS AND DEBTORS CAN HAVE IN IRAQ-- HIGH CREDIT RATING MEANS -- CONFIDENCE IS HIGH
chickadee: can they rv before credit rating
Millionday: I DONT KNOW -- THEY COULD HAVE JUST ONE STEP IN THE MIDDLE OF EVERYTHING -- WE DONT KNOW WHEN AND WONT GUESS SO THE ROLLER COASTER IS NOT PART OF OUR LIVES -- INK AND ACTION IS WHAT I WATCH AND SHOW YOU
Millionday: THE THING IS THE REQUEST OF TRANSPARENCY FROM CBI IS HUGE RIGHT NOW WITH THESE MEETINGS GOING ON
Millionday: THE CREDIT RATING IS CRUCIAL FOR INTERNATIONAL INVESTORS --
Millionday: NOTE -- LET ME SAY THIS : IRAQ HAS ONE OPTION ---- A GLOBAL ECONOMY -- SINK OR SWIM --- THATS ALL
Millionday: NOTE -- ALLAWI TIRED OF CBI TOO -- SMILE
Millionday: Vice President of the Republic, Iyad Allawi, the attribution of the Iraqi Central Bank to manage personalities able to secure the stability of the currency to rid Iraq of the economy partisan quotas.
Millionday: Allawi said in a statement, received Iraq copy of it on Monday, "The continued decline in the dinar exchange rate against the dollar affects almost directly in the citizen and lead to higher commodity prices weighing his shoulders in the month of Ramadan, and contributes to the impoverished, exacerbated by threats civil peace, and represents the other face of terrorism. "
Millionday: NOTE -- ALLAWI IS NOT HAPPY WITH THE DINAR NOT BEING READY TO SHOW COMPLETE CONFIDENCE
Millionday: He added that "floundering policies and decisions is studied Central Bank, which has the responsibility to maintain the value of the currency, led to a loss of confidence in Iraqi currency and pay the owners of dinars to replace about fast to the dollar to maintain its value, which led to the currency deterioration."
Millionday: SO AS WE SEE -- NOT HAPPY
ddboys1626 Millionday: What laws still need to be pass, so they can RV???
Millionday ddboys1626: NO ONE KNOWS THAT DUE TO WE DONT KNOW THE STEP THAT CANT GO FURTHER WITHOUT IT -- IF SOMEONE TELLS YOU THEY NO WHEN -- I DISAGREE
Millionday: I CAN SAY THIS
Millionday: THERE IS NO REASON WHAT SO EVER FOR IRAQ TO NEED THEIR CREDIT RATING --AS WE KNOW THEY HAVE NOT --- BUT TO GO TO THE GLOBAL MARKET
Millionday: AS THEY STATED -- TO PUT THE BONDS ON THE INTERNATIONAL -- INTERNATIONAL -- INTERNATIONAL MARKET
Millionday: AND THEY HAVE MADE IT CLEAR -- THEY WILL BE SOLD ON THEIR MARKET/ISX ETC
.VIP.JARHEAD: correct me if im wrong but isnt their currency an asset
Millionday: NOT RIGHT NOW LOL
slh5282: NOT THE SAME ASSET AS THE GOLD OR SILVER THEY OWN
Millionday: YES NOT THE SAME --
firefly_: Currency is not an asset. But .... their assets control the value of the currency
Millionday: CURRENCY REPRESENTS THEIR VALUE
Millionday: their projects production to serve the economic movement through the operation of labor.
He says 'Emad Mahmoud "planned to establish a carpentry workshop and completed a feasibility study of small for my project and I am waiting for the announcement of private banks to launch allocated to such projects loans,
he said in his speech for the" morning "in the event of approval of the draft, I would be so provided service to the people of the regions and served myself at the same time I'd The only almost implemented such a project in the popular our neighborhood. "
Millionday: NOTE -- THE CITIZENS ARE WAITING FOR THE LOANS SO THEY CAN START THEIR BUSINESSES /GROW ETC
Millionday: The projects and workshops productivity the most prominent means unemployment as contributing to the employment of a large number of labor, whether skilled or unskilled, because productivity projects require (masters and workers) in various disciplines absorption.
in turn, said Haider Survivor: I'm looking forward to set up a blacksmith small factory because I was working until recently to mourn in one of the workshops and I would like now that I am, the employer after I got my loan from the loans which recently announced the establishment of small and medium enterprises.
Millionday: NOTE -- NOTICE HE IS SAYING THAT IT WAS JUST RECENTLY ANNOUNCED THAT TYHEY ARE COMING -- AS WE READ FROM IRAQ THAT SAME REPORT
Millionday: He expressed the hope, during his speech for the "morning" in obtaining the required amount for the establishment of his being will contribute to the operation of a number of workers (blacksmiths) in Resheth.vi same context Leila peace,
"she waited impatiently for the launch of private banks allocated loan amounts After selecting controls lending for the purpose of establishing barber shop and a beauty center and agility for Women Connie owned experience in this field generated from working in the Arab and local beauty centers within the country.
Millionday: NOTE -- NOTICE NOT JUST ONE -- THE PRIVATE SECTOR --- THEY NEED TO ROLL
Millionday: She said in her speech "morning" want to be owner of such a project being contributes to the entry of Iraqi women to support family members of the labor market under difficult living conditions.
to it Informed sources told the "morning" confirmed near the central bank announcement of the mechanism and controls the distribution of the amount of one trillion allocated for private banks dinars and directed to set up a medium-sized enterprises and Alsgarh.oadavc sources,
Millionday: NOTE -- THEY NEED DINARS --
Millionday: "We hope to determine the amount of each private banks operating in the domestic arena, including contributing to get the economy moving by launching loans to set up these projects.
"The central bank decided on the nineteenth of the month of May to approve the launch amount trillion dinars to the private banks for the purpose of financing small and medium enterprises loans to citizens and approve their own controls.
Millionday: TRILLION -- FOR ALL -- WOW ---
Millionday: SO IT MAY BE ANNOUNCED BUT -----BRING IT ON
Millionday: IT S ANNOUNCED BY CBI LOANS WERE GOING TO HAPPEN -- BUT ACTION -- NOT SO MUCH
Millionday: UNDERSTAND ONE THING
Millionday: THE CURRENCY OF IRAQ IS THE DINAR -- ANYONE THAT IS TRYING TO SAY ANYTHING DIFFERENT DOES NOT UNDERSTAND ECONOMICS -- AND THIS IS AN ECONOMIC EVENT ---
SO KNOW ONE THING -- THE CREDIT RATING THEY ARE AFTER IF FOR THE COUNTRY OF IRAQ----- WHICH IS WHY IT IS CALLED THE IRAQI DINAR -- THE REST IS SILLY