Millionday News 11/24/14 Part 1
Welcome to dinarupdates.com for News time with Millionday!
Millionday: IF YOU WERE NOT HERE AT ROUNDTABLE OR IF YOU WERE THERE IS MORE ABSOLUTELY GREAT NEWS FOR US KNOW THIS IS GREAT
Millionday: IF YOU HAVE NOT READ ROUNDTABLE - THIS IS THE ONE YOU NEED TO READ -- WE WILL HIT ON SOME OF IT BUT THERE IS JUST MUCH MORE NOW
Millionday: SO WE HAVE LOTS TO LOOK AT AND LET ME SAY SOME THINGS WE HAVE BEEN SEEING
Millionday: TODAY THE NEWS IS THAT THEY HAVE CALLED FOR ALL BANKING AND ECONOMIC LEGISLATION TO BE ACTIVATED / PASSED OR WHATEVER IT TAKES TO PUT IN PLACE –
THIS IS LOCAL BANKING AND GLOBAL AND TO GO GLOBAL FOR THE MARKET
Millionday: THIS LEGISLATION WE TALKED ABOUT WHEN THEY WERE TALKING ABOUT WHERE THEY WERE AS FAR AS LAWS WENT AND TOLD US IN INK THAT IT WOULD COME IN THREE PHASES -- THE FIRST IS ECONOMIC
Millionday: TOMORROW WE HAVE NEWS OF A HUGE HUGE MEETING TO BEGIN AND ALL ABOUT IRAQ ECONOMICALLY AND FOR TRADE WITH MANY COUNTRIES -- WE WILL REVISIT THAT TONIGHT AS WELL
Millionday: SO LETS GET ROLLING ON THE INK --- WHOOOPOW
Millionday: TRUST IT IS LOADED AND WELL WORTH THE WAIT -- HAD TO CALM MYSELF TODAY IT IS THAT EXCITING BRB WITH NEWS
Millionday: NOTE -- THE FIRST CONFERENCE STARTS TOMORROW AND THIS IS THE ONE DIRECTLY FOLLOWING
Millionday: Hussein al-Tamimi Tgb
preparing Association of private banks in Iraq for the second banking conference in Iraq for the period 2930 this month under the banner "private banks strategic partner to improve the national economy."
This was announced by the President of Association of private banks in Iraq and Wadih Handal In a press conference held by the Association yesterday in the presence of MP Mehdi al-Hafez and experts Kamal Al-Basri and Majid picture.
Millionday: NOTE -- ALL THAT IS GOING ON ECONOMICALLY FOR THE COUNTRY IS BEING SHARED IN THE MEDIA WITH MULTIPLE PRESS RELEASES
Millionday: NOTE -- AS YOU SEE THIS IS TO BEGIN THE 29TH AND GO TO THE 30TH –
IT IS ABOUT HOW TO MAKE THE BEST OF THE DEVELOPMENT OF THE BANKING INDUSTRY -- BOTH DOMESTIC AND FOREIGN SMILE
Millionday: He that the Association's efforts are focused on building a sophisticated banking sector through the delivery of a cry of private banks to play a role in the development,
which is found to resonate in the government program to the aspirations of the private banking sector in the paragraph that indicated to reform and legislation and laws contained in the program more than once. The banking sector response after so called MP Mehdi al-Hafez,
for its comments on the conference program and who spoke said that this conference is an important step in this phase experienced by the country, as the situation intensified, which calls for resolving banking sector problems and the urgent need for her husband in the national development process. partner in the development
Millionday: NOTE -- THE ASSOCIATION IS MEETING AT THIS PARTICULAR MEETING TO DISCUSS ALL THEY CAN DO DURING THIS PHASE OF DEVELOPMENT TO MAKE IT AS SUCCESSFUL AND USEFUL ETC AS POSSIBLE
Millionday: NOTE -- REMEMBER VERY RECENTLY SOME FINANCIAL INSTITUTIONS HAVE MADE THE COMPLIANCE REQUIRED TO BE LISTED ON THE ISX AS WELL
Millionday: , he said of the necessary requirements necessitate research thoroughly about how to make private banks, real and direct partner in the development, and perhaps the decline in oil prices,
the best catalyst for the adoption of other economic seminars to compensate for lower oil yield in this development, pointing out that the title to make private banks strategically partner but fully complies with national needs and circumstances The current in the words of Hafiz,
adding it's time to stop all Altcolat to suggest that private banks live off the state and prove their worth as a direct component and a pioneer in the development and its direct contribution,
and it follows that the second banking conference will be an opportunity to give a summary of the tasks and the trends that will rise by banks in this Alrahen.fima circumstance occurs financial expert D.kamal visual tasks that are expected from the banking sector to play in the eradication of poverty as well as
Millionday: NOTE -- THIS IS TALKING ABOUT THE MUCH NEEDED ROLES OF EACH TYPE OF BANK AS WE EXPERIENCE HERE --
SOME ARE JUST HOMETOWN BANKS -- SOME INVESTMENT BANKS -- SOME UNIONS -- INTERNATIONAL AND THE LIST GOES ON --
THE CONFERENCE WILL BE ENSURING THE ABILITIES AS THOSE ROLES ARE GIVEN
Millionday: the infrastructure of these workers returned from the basics of political and economic stability in any Bld.oukal since 2003 and so far the government effort has not been able or insufficient in the face of these challenges,
and that economic growth does not take place by the public sector but to be an active role for the private sector must be enlightenment global experiences have preceded us in this area, wondering why our private sector does not work on the events of development?
and he told answer to his question, because The banking sector is unable to support the private sector, including that any of the banking sector is the beating heart of the economic body, and attributed the cause to the banking reform file up and laggard. opportunity to present challenges and said we are optimistic at this stage because
Millionday: NOTE -- THE EXPERT BANKERS THAT HAVE COME AND ALSO WILL BE PRESENT DUE TO GLOBAL BANKS WILL BE OF GREAT USE BECAUSE OF WHAT THEY ARE SAYING HERE –
THE BANKERS HAVE NOT BEEN EXPOSED TO THE NEW TYPE OF BANKING AND ITS ADVANCEMENTS SO ROLES ARE GOING TO CHANGE AS THEY DEVELOP BUT FOR THE FIRST PART –
THE KNOWLEDGE IS GOING TO BE THE KEY TO THE ROLE GIVEN TO EACH BANK FOR THE NEEDS OF THE DEVELOPMENT PHASE THEY ARE TALKING ABOUT IN THEIR BANKING
Millionday: NOTE -- OBVIOUSLY THE LAST THING NEEDED IS THE HUGE LINES AT THE BANKS
Millionday: he is our prime minister has the experience and expertise and long experience during his presidency Economic Committee and former mm Parliament problems and economic legislation,
and there is a problem Ijahaa country is to review oil prices and that the alternative to solve lies in the banks and that the solution to his problems will be reflected on the solution of other problems and reiterated that we are optimistic about the events of banking legislation and this conference is an opportunity to display again.
Millionday: NOTE -- AS WE WILL ALSO SEE TONIGHT -- PARLIAMENT IS TOMORROW AFTER THE MOST IMPORTANT LAWS HAVE BEEN PUT IN PLACE REPORTABLY
Millionday: so occur economist d. Majid picture, stressing the important role of the banks, which require stage solve their problems to stay away from a holistic view in dealing with private banks as to be implicated in Altnumeih.oukal process: that the private banks financial resources if invested properly,
there will be a real subject to review laws and restrictive legislation sector development Banking and recommendations of the conference is required in this direction and the legislative bodies and the provision's Executive this atmosphere is not economically without the evolution of private banking sector and this is the message of the conference, I believe.
Millionday: SO WHAT THIS WILL ACCOMPLISH IS THE FIRST ROLES AS THE EXPERIENCE IN BANKING LIES AT ITS CURRENCT STAGE AND THIS WILL CHANGE AS ABILITIES CHANGE DUE TO THE TRAINING AND EXPERIENCE IS RECOGNIZED AS WITH ANY INDUSTRY –
RIGHT NOW THEY NEED THE AVAILABLE BANKING INVESTORS AND EXPERTS AVAILABLE TO IRAQ FOR DEVELOPMENT FOR THEIR BANKING REFORM
ROBINREDHED: THAT WAS A BIG ONE
Millionday: AND A GOOD ONE – SMILE - OH THERE IS SO MUCH AND SO MUCH POSITIVE AND EXCTING -- YOU MIGHT WANT TO GET A DRINK -- SMILE
Millionday: LOL BRB WITH MORE HOLD ON TO YOUR HATS
Millionday: al-Hashimi stressed specialist industrial investments that the development of the industry through its investment shares and government bonds would reduce unemployment and reduce terrorism in addition to achieve the advancement of the industrial reality of building cities and industrial complexes.
He Muzaffar Jalal "morning": that the government program, said in a Many of the paragraphs of the need to open up to the private support and assistance sector for the purpose of entry as an active partner in Iraq's economic development process, including the activation of the productive sectors.
Millionday: NOTE -- THEY ARE AS WE READ LAST NIGHT AND TODAY GOING TO USE GOV BONDS INVESTED IN INTERNATIONALLY TO FUND SOME OF THE DEVELOPMENT ---
THE IMPORTANCE OF THE INDUSTRIAL CITIES IS VERY REAL WITH THE ACTIVATION OF THE RETURN OF IRAQS INDUSTRY AND WORKING CLASS
Millionday: and the importance of the implementation of a productive nature of investment projects being greatly contribute in providing huge amounts of money spent on the import of goods and services can be found inside Iraq and recruiting that money in other economic aspects, rather than spending on what is available production in the country.
He believed Jalal that the launch of the government investment bonds private industrial sector is an important factor to support the production process aimed at achieving stability
and self-sufficiency as well as his contribution to the progress of the reconstruction and construction of the face of terrorism, which attracts the poor who enter them, so
Millionday: it is necessary to involve the private sector in the reconstruction and rehabilitation of infrastructure and attract the workforce and absorb unemployment rather than exploit terrorism in the implementation of its attacks against our people.
He said that providing incomes for families and their children young people come through the implementation of the government program and provide support to the sector
Special because it has greater freedom than in the public sector to move money and speed the development of production, calling to find gender wage workers in the public
and the rights and privileges of other Kalthad and promotion, for example, which would balance in equal opportunities in the workplace.
Millionday: NOTE -- AS WE HAVE READ ABOUT THE APPROVED AND IN PLACE LABOR LAWS –
WE ALSO KNOW THAT THE HEART OF ANY ECONOMY IS THE WORKING CLASS AND THE PRIVATE SECTOR
-- THIS IS TELLING US THAT OF COURSE ALL OF THESE THINGS ALL AT ONCE ARE THE FUNDING OF IRAQ OFF RUNNING --
Millionday: He pointed to the importance of achieving food security by providing opportunities for the private sector to establish industrial projects for the production of food items imported by Iraq in large quantities to support the ration items, especially the elements of success of such projects are available such as materials and primary manpower, expertise and competencies and others.
Millionday: NOTE -- THEY ARE DIVERSIFYING THE % OF THE ECONOMY AND GDP OF IRAQ AS THE WTO AND THE COUNTRY HAS TALKED ABOUT AS PART OF THE WORKING PLAN THEY ARE IMPLEMENTING
Millionday: so confirmed the Ministry of Planning intention to approve the industrial estates law, and it is moving towards distribution resources among the provinces new mechanism.
The minister Salman Jumaili said on the sidelines of a meeting with the governor of Diwaniyah Ammar Habib civil, said that "Our vision is moving toward the distribution of resources to the provinces a new mechanism and open multiple economic prospects axes without dependence on oil," stressing saying "determined to approve the industrial cities Law . "
Millionday: NOTE -- AS I WAS JUST SAYING -- DIVERSIFYING AS NEEDED TO COVER THE LOWER PRICES OF OIL AND ALSO THE UNEMPLOYED -- TERRIFIC TO SEE SO MUCH OF THE PLAN COMING TO LIFE
Millionday: He added that he "can by law get the economy moving and operation of the workforce and reducing unemployment, in addition to investment mitigation budget of poverty for the advancement of the province,"
There are projects and development plans to ease the suffering imposed on the shoulders of the citizen Diwani what they suffered over the past five years due to the low level of the budget in comparison with the rest of the provinces, which have other resources Kalpetro and other resources dollar. "
Millionday: SO THERE ARE MANY PROVINCES THAT ARE IN AN AREA OF COURSE THAT DO HAVE THE US DOLLAR COMING IN AS REVENUES DUE TO THE HCL (TEMPERARY FOR THE ECONOMIC POINTS NEEDED ACTIVATED) SO OTHER PROVINCES ARE WORKING ON OTHER SOURCES OF INDUSTRY
Millionday: KEY WORD YOU WILL BE SEEING IS THE DEVELOPMENT OF IRAQ TO A MARKET ECONOMY AS WE GO ALONG
Millionday: OK BRB WITH MORE WHOOOPOW I AM HAVING FUN
Millionday: NOTE -- AS OF THIS MOMENT THIS IS THE BEST STATEMENT OF THE DAY SO FAR
Millionday: Iraqi government economists called for "restructuring of banks in proportion to the global development of the global banks and keep up with economic openness with the countries of the world,
and expressed their satisfaction over the decision of World Bank contribution to the restructuring of state-owned banks to raise the rate of the Iraqi development.
ROBINREDHED: THATS ALOT OF GLOBAL AND RESTRUCTURING
Millionday: NOTE -- WHAT THEY ARE SAYING IS THEY ARE HUSTLING TO GET THE PRIVATE BANKS UP TO THE PLACE THAT THE INVESTMENT BANKS AND GLOBAL BANKS ARE AT THIS POINT WITH THE DEVELOPMENT AND BANKING REFORM
SO THEY TOO WILL BE MAKING REVENUES AS THEY SHOULD AS SOON AS POSSIBLE -- WHOOOPOW
Millionday: NOTE -- I BROUGHT THIS TODAY AT ROUNDTABLE AND WILL BRING SOME OF IT AGAIN FOR YOU ALL
Millionday: She said an economic expert Ikram Abdul Aziz in an interview for the "long", "The restructuring of the Rafidain and Rasheed is a holistic concept to secure the good performance of the financial, technical and administrative aspects so as to ensure a productive management of costs and this is done by the development and activation of the relevant job banks aspects.
Millionday: NOTE -- THEY ARE WORKING TO GET PAST BANKING WORKERS AND PRESENT TRAINED IN GLOBAL BANKING ETC
Millionday: "The World Bank allocated ten million dollars to re-structuring bank Rafidain and Rasheed in the coming years and to develop the electronic aspects and raise the level of financial transactions."
Abdul Aziz explained that "to go to the restructuring linked to resolving the bad debt problems for years as well as providing real opportunities for the development of banking staff skills to ensure the upgrading work of the two banks."
Millionday: NOTE -- THE WORLD BANK HAS PUT IN 10 MILLION TO WORK ON THE MANY RAFIDAIN AND RASHEED BANKS THAT ARE THROUGHOUT THE NATION ETC
Millionday: It pointed out that "the government and private banks Rafidain and Rasheed possess a great history and a leading role in the field of development and development,
covering important aspects of the financial needs of the country for the construction and establishment of major projects have contributed to the development of the country for the better."
Parliamentary Finance Committee and revealed its intention to restructure the legislation law Rafidain and Rasheed to free them from the domination of the Ministry of Finance, as pointed out that it continues to work on the development of the banking system in Iraq.
Millionday: NOTE -- AFTER THE BANKING REFORM THEY WILL BE WORKING TO GET ALL BANKS TO THE LEVEL OF TRAINING THEY NEED THEM TO BE DUE TO THE ECONOMIC PLANS IN THE NATION AND THE GLOBAL INVESTORS AS THEY NEED CONVENIENCE IN ALL AREAS POSSIBLE
Millionday: NOTE -- PRESS STATEMENTS:::::::::
Millionday: A member of the committee MP Faleh Djiashi in a press statement, "The committee is working on legislation to restructure the banks and government Rafidain and Rasheed to free them from the domination of the Ministry of Finance and imbedded two major banks competitors for local and foreign banks law,"
adding that "this project will be submitted to the Presidency of the Parliament in the next few days for discussion and voting on it.
Millionday: NOTE -- THEY ARE NOT ONLY MEETING TOMORROW AND IN PARLIAMNET TO PASS ALL THE LEGISLATION THEY HAVE FOR BANKING FOR IRAQ
BUT ARE ALSO PASSING THEIR GLOBAL BANKING LAWS AS WELL FOR INTERNATIONAL COMPLIANCE
Millionday: He added that the members of the "House of Representatives, especially the parliamentary finance committee are working hard to upgrade the Iraqi banking system through the support of the banking sector legislation of laws," stressing "the importance of the Banking Act, legislation to support the banking sector in the country."
Millionday: NOTE -- MY FAVORITE WORD IN THIS INVESTMENT IS ------ NOW ----
Millionday: The economist said Mohammed Abdul Latif Al-Ani's "long", "The Banking Act despite repeated amendments do not keep pace with the great development witnessed in the Iraqi market since 2003 and is now opening up to the market at various levels."
Millionday: SMILE WHOOOPOW
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