Welcome to Millionday Roundtable at dinarupdates.com Post By Rudie Part 1
[millionday] here we go
[millionday] Finance ministers and central bank governors of G20 nations, including India, will brainstorm here for two days beginning tomorrow to chalk out strategies for faster and sustainable global growth, taxation reform and infrastructure funding. Besides,
developing countries such as India will pitch for the much-awaited quota reforms in the International Monetary Fund (IMF), seeking a greater say in global affairs. The global economy and infrastructure are key discussion points on the agenda for the G20.
[millionday] India's Finance Minister P Chidambaram will discuss key challenges facing the global economy, IMF quota reforms, issues related to investment and infrastructure, financial regulation and tax matters, according to a statement.
Read More Link On Right
Earlier in the day, US Treasury Secretary Jack Lew said further progress is needed globally to achieve faster and more balanced growth around the world. "Despite signs of improvement, global growth remains uneven and well below potential, while unemployment remains stubbornly high in many places," the G20 portal quoted him as saying.
[millionday] note -- we sure could help with great ideas -- smile
[millionday] Treasurer of host Australia Joe Hockey said over the next few days, infrastructure will be the key discussion point. For many of our countries, we've run out of money, from the government perspective...we need to facilitate more private sector investment in infrastructure and particularly in essential, productive infrastructure in order to get the growth that is so necessary for our economies," he said.
About USD 57 trillion is needed to fund infrastructure globally by 2030, according to McKinsey Global Institute. Lew said tax reform was among the G20's most crucial initiatives. "The G20's work on tax cooperation is among our most important new initiatives," AFP quoted Lew as saying.
[millionday] note -- good grief -- taxation? they need to reform the exchange rates in ME -- so that makes sense for us because the taxation laws here have been changed --- i will do some research on it but recently i remember they had a meeting and passed very important laws for our situation --
millionday] "Automatic exchange of information has quickly become the new global standard, and I believe that the G20 should continue to provide its full support and encourage all nations to adopt the standard," he added.
[millionday] end of report --
[millionday] so very nice that the g20 is meeting again -- they are trying to hustle with changes and the reforms would bring huge changes brb with more
millionday] this was sent to me by email -- it is the announcement on the arabic side of cbi
[millionday] Approved the CBI on 18.02.2014 to hold a public auction, the auction (C104) for the sale of the bank for remittances (91) on 02.20.2014 *
[millionday] remember that the private banks have been told they have to meet regulations? so this to allow them to do so and bring their reserves to the total it should be
[Danalivin4HIM] public auction? bonds? or stock?
[millionday] it doesnt say but private banks will be allowed to do this auction and reach the goal so they can expand
[millionday] maybe we will have report on what it was on something else or tonight but we are still here so maybe i will find what was auctioned totally brb with more
millionday] here we go >>>>. Sales of the Iraqi Central Bank of the dollar at an auction on Thursday, on the sale and purchase of foreign currencies 117.354 million dollars, and a stable exchange rate at 1166 dinars per dollar.
The reporter said, "Tomorrow's Press," The special bulletin auctions explained that the overall demand for the dollar distributed by 15.235 million dollars and the exchange rate was 1177 dinars per dollar, including the Amobh Bank for cash sales, amounting to 11 dinars per dollar,
while the value of foreign remittances 102.119 million dollars and the exchange rate was 1179 dinars per dollar, including the commission of the Iraqi Central Bank, amounting to 13 dinars per dollar.
[millionday] He added that the bulletin showed that the number of banks participating in the auction today reached 16 banks did not make any of them contracts to sell the dollar. The Iraqi central bank held six sessions per week starting from Saturday to Thursday.
[millionday] well that seems strange hold on doing math smile --now if that isnt confusing i dont know what is how does that add up lol
[tourman] still low auction totals
[awesomedtl] Was that article that was out yesterday about cbi being givin the go ahead to change there currency a legitimate article and credible !?
[millionday] i have not seen it yet --- i dont do news on thursday and ended up gone all day and night -- do you have it and the source
[awesomedtl] It was in the observer that poppy busted out!?
[millionday] i can see if it is in what i do have as we go wow --
[awesomedtl] K Ty
[millionday] yw all the time i will see if it is in my sources too smile
[millionday] so as we know the banks are following regulation and that last report proves due to the inability of some of the banks to take part -- no licensing so very nice -- brb with more
[millionday] so i have to show you all this it is off topic but wow jetsons here we come
[millionday] Baghdad: working a French company is now producing a flying car dubbed the "Pegasus", has been put on the market by next year 2015. According to the Middle East News Agency, "ASHA", the car can be flying at an altitude of about three thousand meters , prompting the French army to invest approximately 60 thousand euros in this project.
This model of the car the plane - which is the first of its kind in Europe - manufactured by the company, "Fillon" in Strasbourg, eastern France.
The car equipped with a sail plane with a length of 38 square meters and engine, capable of flying at 60-80 km / h for three hours straight .. In addition, the "Pegasus" with the possibility of a ground move at speeds up to 100 km / h.
millionday] the model we heard about seems to be going international --
[millionday] Said Jerome Duffy, who works on the project since 2008 to help engineers specialized in the field of aviation, and many of the companies involved in the manufacture of cars and vehicles,
"The goal of the production flying car is in being able to move quickly on the ground or in the air to some extent both independently and in all circumstances.
" He added that "flying car is now at the stage of" prototype. " is expected to take place the first experiment to fly on the first of next month, and if the experiment succeeds, must then be met European standards for aviation, and get approval to ensure flight safety; pointing out that Approximate price of the new car is 100 thousand euros.
[tourman] at least something is going international
[awesomedtl] Jetsons......meet the jetsons.* *
[Red Skyy] If this ever RV's, I'm going to get one!
[dinar dave] Oh good God.... People can't drive and now there going to give them wings????
[millionday] make sure and look up when you are driving
[sheila3] oh wow,flying cars,maybe traffic want be as bad*
[swan2013] omg... I dont want to be in the air when they all fly at once* *
[LLN65] Swan* *lol
[millionday] high speed chases will be wild lol
[awesomedtl] lol *
[swan2013] millionday yes the new wild wild west*
[millionday] be back with more news sorry had to bring it lol
Comments may be made at the end of PART 2 THANK YOU