illionday Roundtable 2/5/14 Post From Dinar Updates By Rudie Part 1 of 2
Comments may be made at the end of Part 2 Thank You
[millionday] ok there seems to be more on the london stock exchange - lets see if its the same or more info -- here we go
[millionday] Baghdad in building a modest despite its modernity, has launched the first international exchange in Iraq in an area Arsat Indian central Baghdad, within the plan received praise from economists being will develop the national economy after it was linked counterpart globally.
desk can exchange the new Iraq that raises the curiosity and enthusiasm of a lot of interested in the money, where he became a has 173 clients, and is directly linked to the London Stock Exchange the world,
Read More Link On Right
[millionday] so it is directly linked already this is new right ?
[millionday] last night i think we had that they were going to and now we have it is -- i likey -- brb with the rest
[millionday] and created a sophisticated method allows its customers access to their accounts wherever they are via the Internet without having to come.
says the director of the Office of the stock market in Iraq, Osama Mahmoud for "Alsumaria News" that "this office The first office for trading in global stock are open in Iraq, and is directly linked to the London Stock Exchange,
"explaining that" the office opened nine months ago during which to prove his presence in the Iraqi market for securities and gain customers, investors and corporate banking and jewelers went.
" adds Mahmoud said that "the most prominent clients Office They are investors and citizens Aotaiadion came after saving several privileges they can through trading in the stock market world
[millionday] so they have been waiting for this link -- very nice - the iraqis have been waiting as well and as we see they are also linked with data entry
[millionday] , pointing out that they" are trying to link the Iraqi economy to the global economy. " and says that the correlation of the Iraqi economy Balaalmi "weak",
and the stock market has provided the possibility of linking it to the outside world and moving the national economy with the world price of the dollar, gold and silver,
which is trading money and precious metals and energy sources, and shows that the "trading stock global contrast stock market which is Tdoualh on a local currency."
while emphasizing Customer Service Manager in the stock market Mohammed Duraid that "companies that be handled in the stock market is the gold companies and banking, as they put safeguards against capital traders. "
and says "Alsumaria News" that "the stock market would like to link the Iraqi economy with the global economy to raise the status of Iraq before the rest of the world
[millionday] whooop whoooop
[millionday] and that would be exactly what we are waiting for -- it will look like this USD/IQD smile
[millionday] brb with the rest
[millionday] " He sees Hassan al-Asadi that launch Office international exchange in Baghdad step commendable, and draws out that "the stock market ethnic evolve, but without the level of ambition."
says Asadi for "Alsumaria News" that "development processes stock market is done by the private sector to connect the Iraqi market, the global market, where I opened a lot of offices in Baghdad and the provinces. "
and will lead the work of the stock market to increase the capacity of the Iraqi market to handle global and increase the culture of citizens to deal with the global stock market, which has a significant impact on global markets and
[millionday] the development of the national economy, according to al-Asadi, who also points out that "all serious attempts to develop the national economy carried out by the private sector only, without any government involvement. "
But economist asserts that the absence of government involvement makes the development of the national economy without the level of ambition, and warns of "the existence of deliberately delaying the Iraqi economy
[larrykn] so this isx is all ready to go but waiting on the currency reform right
[millionday] they are waiting on the go ahead which will reform the currency because cbi will have to set the international rates of reality in order to place them on the market
[millionday] " is the London Stock Exchange, which are connected by the Baghdad Stock Exchange of the largest stock markets in the world, founded in 1801, and contains several indicators the most important and the largest index "Vinanchal Times"'s largest hundred British company.
referred to the Iraqi market for securities was established in June 2004, and was approved by the manual trading, and in April 2009 adopted electronic trading in part by some companies, and is now trading electronically for companies listed by the year 2010.
and traded in the market are 73 companies belonging to the eight sectors of the banking sector and the industrial sector and the hotel sector and the tourism sector and the agricultural sector and the investment sector and insurance, in addition to communications.
[slh5282] that is the gambit of companies
[millionday] so as we see and know the ISX has been operating within the country so it is not brand new and they are not working blind -- this is fantastic news - very fantastic smile brb with more
[slh5282] total grouping of the GDP for Iraq, correct?
[slh5282] MD, rudie, does the industrial include the gold, diamond, and other raw goods? I would assume it does
[millionday] there was a barrier of some sort and they have overcome that and are now linked to the london stock exchange - preparing with record speed imo
[Smokey Mtn. Dinar] Wooooo Hoooo
[slh5282] speed shift mock 2
[millionday] or right on time as we know nothing this large does not have a date
[Danalivin4HIM] So what would be the hold up on the raising of the value? or did I miss that?
[millionday] they will raise it to put it out there for trade -- they were saying that they are now putting capabilities of internet trade and of course this will also be linked to all other markets - no hold up imo
[Danalivin4HIM] millionday thank you
[millionday] yw all the time
[millionday] so this is talking about the agreement and the end of the disagreement with kurds
[millionday] Baghdad Deputy Prime Minister Hussain al-Shahristani, Wednesday, for the design and bidding for new oil export pipeline through Jordan to the port of Aqaba,
saying that the people of Anbar province, will be the primary beneficiaries of the extension tube. Shahristani said in an interview for "Alsumaria News", on the sidelines of the Coordinating Committee of the common energy between Iraq and the United States in Baghdad,
said that "Iraq is now in the stage designs and presentations rather than force to create a line new oil to the port of Aqaba, across the Jordan", pointing out that "Create a line needs some time."
[millionday] Shahristani said that "the people of Anbar province, will be the primary beneficiaries of the extension tube because it will provide employment opportunities in this area and the possibility of Iraqi oil to deliver a modern refinery, in addition to new electrical installations in the province and commends that need fuel to run them."
Furthermore, al-Shahristani expressed the hope that "unresolved military operations in the province," noting that "in the interest of everyone, including the people of Anbar prevail security and stability in the province as soon as possible to carry out these projects, both of which oil or electric."
It is noteworthy that Prime Minister Nuri al-Maliki announced, on (December 25 2013) agreement with his Jordanian counterpart Abdullah Eagles, who visited Baghdad on an oil pipeline and railway between the two countries and cooperation to confront terrorism and extremism and the development of trade relations and agricultural.
[millionday] oh honey -- a new refinery
[rrajewski] Is there anyway they can link their ISX to the entire globe and trade everything BUT the dinar?
[millionday] no there is no way to do that -- the largest product a country has is their currency
[millionday] ok brb -- so that last one was about fixing the oil lines and making arrangements through federal gov -- that is great
[Danalivin4HIM] I made the mistake of reading dinarguru this morning and hope no one else does* *Did they meet on the budget yet?
[millionday] Danalivin4HIM they have all signed it and will present it and are to meet on it tuesday but i have something on it brb
[millionday] ok here is a report about maliki
[millionday] Saluted Prime Minister General Commander of the Armed Forces Nouri al-Maliki local initiative in Anbar, referring to the near end the battle against al-Qaida in the city of Fallujah.
Maliki said in his weekly and seen by the Agency (news): We do not want to hurt the people, civilians and hope for their return to their city, especially to resolve the battle in Fallujah became the Doors,
and the rest of the areas, and we applaud the initiative to be announced by the local government in Anbar, with clan elders who stood uniformly to resolve the battle against al-Qaida and to move the construction process and respond to the legitimate demands because it does not proceed from political backgrounds and partisan,
[millionday]. He added that the battle waged by the security forces in Anbar province, but is to protect Iraq and all Iraqis and not for Inbar only,
pointing out that we warned more than once that terrorism has no religion and is trying to destabilize the region. added: that the world stood by Iraq in the fight for terrorism consciously aware of the danger has to stop some with Daash and al-Qaeda,
whether they are Iraqis or others, noting that Saudi Arabia paid attention recently to the threat of terrorism and error its previous position in the silent about it so were sentenced implicated him inside, and this is a good thing and the right but he came in late. between:
[millionday] The United Arab Emirates is the other waking up to the heads of sedition represented by / Yusuf al-Qaradawi / which decreed stamped all people and called for the waste of blood and took him to the correct decision and sound
We hope that circulated to all the elders of sedition, whether in Iraq or the region, praising the position of the Arab Republic of Egypt strong who announced condemning interventions nations affairs of other countries in the region after they reported the names.
Maliki said he was pleased with the approval of the House of Representatives on the law Unified Retirement, which was a lot of controversy in some paragraphs but it was painful to be a salary retired 140 000 dinars, so it was our decision to be minimal 400 000 dinars
[millionday] lets just wrap up this boring report and summarize -- maliki wants them to hurry up the budget and the security in Anbar is gaining and doing a great job -- huge changes in the threat there smile - brb with something else
[Fishheads] Million do you think Malicki can derail this?
[Richard Incrocci] MD...Question for you when ready please
[millionday] Fishheads no -- he has lost the timeline that he could and trust he tried in many ways
[millionday] Richard Incrocci sure go ahead hun
[Fishheads] we all no he has thus my question
[DinarGroupie] Fishheads last nite MD said it is passed the point where Maliki can affect this.
[Richard Incrocci] You mentioned something occurring Tuesday, is this budget related and how does it correspond with our liquidity event or the release of such?
[millionday] yes tuesday is the day they are dealing with the budget again -- but as we know they always work before that -- so we shall see - they have all including leaders by the report signed off on the budget
[millionday] and will present it as signed off on --
[Smokey Mtn. Dinar] So does that mean it could be implemented at anytime?
[Richard Incrocci] Excellent, Thank you. Is there anything remaining that you're aware of that will help release the currency?
[Danalivin4HIM] reality rate first then budget will make more sense* *
[DinarGroupie] MD you believe they don't have to wait for the budget to pass before we get our reality rate, right?