Millionday Roundtable 2/20/15 Part 1
Welcome to dinarupdates.com for Roundtable with Millionday!
Millionday: NOTE -- LET ME SAY THAT IT WOULD BE VERY UNUSUAL TO SEE A TIME RELEASED BUT THE ACTION IS WHAT WE ARE LOOKING AT
Millionday: An Iraqi and Kurdish military force of 20,000 – 25,000 troops is being prepared to recapture the city of Mosul from Islamic State fighters this spring.
The city was captured by militants last June, and is the largest city in the self-declared caliphate.
US Central Command said on Thursday that at the time of this assault, planned for April or May, it will support these troops with airstrikes on enemy positions near Mosul.
The city, which has a population of over 1 million, is currently being held by an estimated 1,000 – 2,000 fighters belonging to the Islamic State (IS, also known as ISIS or ISIL).
Millionday: NOTE -- MOSUL BEING HELD BY THOUSANDS IS NOT GOOD AND THE US IS GOING TO HELP REGAIN
Millionday: The main forces being assembled for the campaign would include five Iraqi brigades, three smaller brigades acting as a reserve force and an additional three brigades of Kurdish Peshmerga troops.
Iraqi security troops would compose the primary attack force during the assault, according to Reuters, while the Kurds will attempt to contain the city from the north and keep it isolated from additional Islamic State fighters to the west.
Millionday: Since the US-led offensive against the Islamic State began five months ago, Secretary of State John Kerry said that nearly 2,000 airstrikes have helped ground forces retake 700 square kilometers (270 square miles) of territory, kill 50 percent of IS commanders and choking off some of the group’s oil revenue.
According to US officials, approximately 6,000 Islamic State members in Iraq and Syria have died since the strikes began.
Millionday: SO AS WE HAVE BEEN SEEING ON NEWS REPORTS EVERYWHERE THE TERRORISTIC THREAT IS HUGE IN IRAQ AND ALSO AS WE KNOW IT IS MUCH BETTER THAN IT WAS IN THE BEGINNING --
Millionday: THEY HAVE TALKED WITH THE UN ABOUT HELP FROM THE INTERNATIONAL COMMUNITY AND THEY DONT STAND A CHANCE ANYWAY AGAINST JUST US
Millionday: Prime Minister Haider al-Abadi said, "the government's determination to activate the pension system guarantees the rights of all Iraqis, including those working in the private sectors."
The announcement came during a meeting in his office Abadi Baghdad on Thursday, the World Bank director in the Middle East and North Africa Fred Belhadj and the Special Representative of the World Bank mission in Iraq, Robert Bo quality area.
Millionday: NOTE -- ABADI IS DISCUSSING HERE WITH THE WORLD BANK OFFICIAL ABOUT THE PENSION PLAN AND HIS DESIRE TO MOVE FORWARD WITH ECONOMIC REFORM
Millionday: A statement by his office received by all of Iraq [where] a copy of which was "The meeting discussed the challenges faced by the Iraqi economy due to lower global oil prices,
and discuss the restructuring of the Iraqi economy and the rehabilitation and support of the government to the private sector and transform the challenges faced by Iraq to the chances of real and effective reform,
Besides follow-up resulted in a meeting with the Prime Minister and the Director of the World Bank on the sidelines of the World Economic Forum in Davos last month. "
Millionday: NOTE -- THEY ARE DUSCUSSING THE LOW PRICE OF OIL BUT WE CAN SEE ALSO THAT IT IS COMING UP SOME AND THEY HAVE DEVELOPED SOME OTHER MARKETS TO DIVERSIFY
Millionday: The prime minister, according to the statement that "the government will back their proceedings in the reform of the Iraqi economy and support the private sector and not to build on oil exports only," he said.
"This is what we are after we have started this trend through the adoption of the current year budget, which relied on austerity, as the government began in this project and has plans in this area, but you need to help and expertise of the World Bank. "
Millionday: NOTE -- AS WE SAW YESTERDAY -- THEY ARE EXPECTING TO PRINT THE BUDGET ON SUNDAY AND THIS WILL MAKE IT LAW FOR DISTRIBUTION - WHOOPOW
Millionday: And Abadi said, "the government's determination to activate the pension system guarantees the rights of all Iraqis, including those working in the private sectors," adding, "We are currently working on projects for the development of the private sector and the creation of new jobs."
Millionday: NOTE ---OBVIOUSLY FOR THE PEOPLE -- THEY MUST BE SO HAPPY SEEING THIS
Millionday: For his part, "the World Bank delegation stressed the keenness of the bank and its determination to provide all assistance to Iraq and his willingness to help the establishment of programs and projects to revitalize the government banks, and cooperation with the Central Bank of Iraq,
and rehabilitation of state-owned enterprises, as well as supporting projects in infrastructure such as electricity, water and other", referring to the The existence of the list of projects currently in the Hartha power project and project water tanks in Baghdad,
Millionday: WHOOOPOW -- LOVE IT
diane1: THANK GOD
Millionday: I AGREE -- THIS IS A VERY POSITIVE MEETING --
Larrykn: some people feel there won't be a rate with the opening of the budget, or they will only open part of it what is your opinion on this
Millionday: THERE WILL BE A RATE -- WHAT IT IS WE DONT KNOW -- ANYONE THAT SAYS THEY KNOW THERE WILL BE IS KNOWS MORE THAN THE INK –
THE REALITY RATE WILL COME FROM THEIR ENTRY TO THE GLOBE FOR A MARKET ECONOMY --
larrykn: so you don't feel they can or will open only part of it and do the rest later?
larrykn: as for the rate I don't care just do it
Millionday: I HAVE TO SAY WHAT WE SEE IS VERY ENCOURAGAING AND IT BRINGS ALOT OF QUESTIONS OF HOW THEY WOULD MOVE FORWARD WITH THE ENTIRE ECONOMIC REFORM WITHOUT A REALITY RATE –
THE ONLY WAY TO BE COMPLIANT WOULD BE WITH INTERNATIONAL COMPLIANCE AND THE CALCULATION OF THE GLOBAL PRICE INDEX
Papatom: do you think the WB is so interested in helping with projects because the payout is so assured...and it builds a relationship with a future world leader?
Millionday: THE QUESTIONS MUST ALL BE ANSWERED BY WHAT THEY DO /ACTION
Millionday: I THINK THE RESPONSIBILITY THAT THE WORLD BANK HAS TO THE INTERNATIONAL COMMUNITY SAYS THAT THEY MUST SEE A RETURN ON THE MONEY THEY WILL BE HELPING WITH –
IRAQ IS RICH AND FULL OF OIL -- ADD IN OTHER MARKETS AND THEY WILL BE A TRADE HUB -- THE PORT OF FAW AND THE MANY CONTRACTS CAN ONLY PRODUCE TRADE --
Millionday: IT WOULD HAVE TO -- NOW WHEN ?
allinxpress: do you feel the dinar has to De-peg from the USD before they increase the value?
Millionday: NO -- ALLIN
diane1: so are the tariffs being implemented as well i heard that tariff's start on March 1,2015.
Millionday: I HEARD THAT THEY ARE BEING ACTIVATED AS WELL DIANE --- BUT THIS IS IRAQ –
I HOPE THE TARIFF IS GOING ALONG AS PLANNED AND ALL REFORMS ARE -- WE ARE WATCHING WHAT THEY GET DONE AND WHAT TO LOOK FOR ---I HOPE SO
diane1 Millionday: i don't know what we would do without you. Your the Angel that gives us all the hope here thank you so much your the best.
Millionday: THANK YOU HUN BUT I A PART OF A GREAT GROUP AND ALOT OF GOOD HEARTS -- BUT THANK YOU HUN
Millionday: THIS IS FROM A PARLIAMENT MEMBER -- AN OPINION PIECE
Millionday: Announced the parliamentary finance committee member Masood Haider, Friday, for the central bank kept the deletion of zeros from the Iraqi currency.
Said Haider told all of Iraq [where], "it was a lot of studies on the subject of deletion of zeros from the currency," adding that "the Central Bank has reservations about this thread a little bit,
and we did not Nstda central bank director was not met, done to discuss this matter, as well as other officials in the bank. "
Millionday: NOTE -- CBI HAS BEEN STUDYING THE REMOVAL OF THE THREE ZEROS OBVIOUSLY AND OFFICIALS OF THE BANK
Millionday: He added that "the process of deleting the zeros need to be in-depth study, because they greatly affect the Iraqi currency and the price of the Iraqi market and on the Iraqi economy in general."
Haider said that "the cost associated with the process of removing the zeros and the type of currency that can be printed and displayed in the market and the process of withdrawal, all the things you need to take some time."
Millionday: NOTE -- THE DESIGN AND ALSO THE PRINTING DONE HAS A HUGE EXPENSE -- BUT VERY INTERESTING THIS REPORT IS OUT -- SMILE
Millionday: He pointed to "the need to conduct a study regarding the deletion of zeros from the currency, by the legislative and executive branches and with the participation of specialists in the Iraqi Board of currency and the economy."
The Finance Committee member Jabbar al-Abadi, said to [where], on the sixth of February, that "the project to delete the zeros were traded within the Finance Committee,"
adding that "the central bank refuses to subject the fact that time is not right now," he said. "We the Finance Committee with the deletion of zeros is subject to many positives reflected on the economic reality. "
Comments may be made at the end of Part 2 thank You