Millionday Monday Night News Part 2
[ROBINREDHED] Any news to elaborate on what Poppy had on breaking news - ---> Iraq can now become part of the WTO?
[millionday] i was not here but did have today something on the wto -- i will look for it -- here is a statement from barzani very interesting and not known
[millionday] says the head of the Kurdistan Region of Iraq, Massoud Barzani, said provincial authorities await the results of U.S. mediation with Prime Minister Nuri al-Maliki, who took the decision to cut the budget the region,
and with al-Maliki responsible for any rupture can occur, said that "the livelihood of the region is almost more dangerous than the bombing of Halabja "chemical weapons.
alt He holds Barzani said in an interview to the newspaper "Life" and pursued "Twilight News", what he called the political culture of inclusiveness responsible for payment to the disintegration of Iraq, expressing concern over the operations of "ugly sectarian cleansing" witnessed Diyala province.
[millionday] He also points out that continue to deny the existence of the conflict Shiite - Sunni fueling differences does not help to resolve it.
The text of the interview: * Mr. President, I am surprised calm in the area surrounding the Kurdistan Region of Iraq in flames? - Thank God for the blessing of stability.
Thanks to the culture adopted by the Kurdish people, a culture of tolerance and coexistence and away from revenge. We have opened a new page with ourselves and with others.
Stability is the result of the vigilance of the people and the vigilance of the security services. * Is the reason that the situation of the people of the Kurdistan Region is better than the former?
[millionday] - It is clear that the best and we want to develop. We want stability, prosperity and create jobs, and universities sophisticated and real development. *
Years ago I feel whenever I visited Iraq that increasingly fragmented ... - Unfortunately. After the fall of the regime of Saddam Hussein tried to transfer the experience of the region to the rest of Iraq. Let us to adopt a culture of tolerance and to draw lessons from the past.
This did not happen. Unfortunately, many have resorted to revenge and counter-revenge. Now I feel there is a great danger to the future of Iraq.
[millionday] * A major threat to the unity of Iraq? - Definitely. Iraq is falling apart. We wish the photo to be different, but we have to deal with facts and realities. There is a massive case of instability.
Terrorism is rampant in the western regions of the country. There are cities outside the government's control, and terrorists engaged in their activity in the form of a public. * Do you have failed the political process in post-Saddam Iraq? - Is about to fail.
[millionday] * Why does it seem difficult understanding between the components of Iraq? - Self-starting points. There is no belief or faith in democracy or the acceptance of the other.
Still a culture of totalitarianism is the dominant culture. Rejection of the other leads to threat and confrontation and chaos
[millionday] * Do you consider that the culture of authoritarian rule in Baghdad cause currently in the dismantling of Iraq? - Yes, it is the main reason. This culture is the reason for the non-application of the Constitution and push Iraq toward disintegration.
This spiritual prevented the implementation of the agreements and doubled the spacing between the components.
[millionday] note -- the people in other words have lack of confidence and willing to change according to him
[millionday] * One of the politicians told me that Iraq is not likely that there are two strong and one in Baghdad and one in Erbil, is this true? - I think that the strong must be actual people and the opinion of the people.
The charge that their strength and confidence of the people to respect the constitution and institutions. Our current situation in Kurdistan is the result of direct elections. The strong man in Baghdad came under the consensus of political forces.
Whether it is in Baghdad or Erbil must be the word of the people and institutions across. Linking the fate of the country or region of the will of man or temperament, dangerous work practices brings us back to the days it proved costly.
[millionday] let me just interrupt this and say one thing well more than one of course
[millionday] this is election time and he paints a great picture of a wonderful success he has had and a terrible form of success that the federal gov has had --
[millionday] this is not a shock and i think that it is a waste of our time to hear how great one is and how sorry the other is at election time -- so we will move on smile
[jtank] Wow -what a slam on Maliki--
[millionday] lets look at the link we were just blessed with huge slam and not hard to figure out why
[coolspot] Is Maliki's response available?
][millionday] ok so the link is old but is very interesting in how it wont remain still to copy it
[millionday] like chasing a fish on the bank
[millionday] this is the thing with the wto -- we watch it because the rate being set will allow iraqis to take part in trade agreements due to a reality rate
[millionday] they may not be active in the wto without a reality rate to trade with
[millionday] international compliance issues
[millionday] we know that last month Iraq and the US went to an accession workshop with the wto -- that we like they obviously need to be active because the gain in the trade agreements will raise their economy with a huge boost ---- smile
[jtank] Was the WTO article real or fictitious
[millionday] it was real but from march which i believe it is stating that Iraq is ready to gain their active membership -- of course they will need currency they can trade with
[millionday] ok let me say in march this is true
[millionday] Posted 16/03/2014 05:35 PM Baghdad / follow the Orient: - increased the votes to claim Iraq's accession to the World Trade Organization, as part of the phase transformation to the capitalist system and its openness.
And fulfill its obligations to the international community made by the same signing of the Charter of the International Covenant.
As he said economic analyst Abbas Ghalibi economic environment that the Iraqi ineligible for entry into the WTO because of the laws that governed which does not keep pace with the evolution of the global economy.
[millionday] and the most important part of this report is this >>>>As he said economic analyst Abbas Ghalibi economic environment that the Iraqi ineligible for entry into the WTO because of the laws that governed which does not keep pace with the evolution of the global economy.
[MGM] Poppy said it was reported that they are now eligible.
[millionday] the reason that is important is because it tells us just what we have thought -- the global economy and the lack there of has kept them from entering as active members
[millionday] now how would they change that ?
[graylnjo] I dont think they know
[millionday] they would become part of the global economy by placing their currency and products on the market in the globe with a reality rate
[Baxter1243] They backed up the Dinar with tons of gold...for one thing[ROBINREDHED] rv my currency...hello
[millionday] so the thing is this -- they release the global reality rate for all international rates and they then can join the wto as active members
[Imperator] Exactly. They cannot join without it. PERIOD!
[millionday] ROBINREDHED bingo girlfriend
[millionday] here we go
[millionday] Mostafa Hashemi said the academic economic Dr Majid Baidhani that a central bank to activate the monetary policy tools and the willingness to sell gold to the public would be granted dinar greater strength as well as it reduces the dollarization phenomenon experienced by the economy.
added Baidhani in a statement (morning): The adoption of this measure requires increasing the Central Bank reserves of gold as a cover for the currency, and the promotion requires finding a basket of currencies to assess the economy vulnerable to prices, the dollar downwards or upwards.
[millionday] reserves rose central gold recently from 38 to 90 tonnes of the precious metal after he announced the purchase of 60 tons in the past few weeks for the purpose of selling it to the public, after contracting with companies to Sikh to ensure the presence of gold purity high and the origins of well-known global and used as part of their savings.
it is hoped that the proportion of gold allocated to the Mint about 11 tons, and identifies public need and desire for the allocation of additional quantities Stamping to sell to jewelers and investors.
said Baidhani that monetary policy tools two types quantitative tools and tools of quality and
[jtank] Md what does that last paragraph mean to you-difficult to understand about basket of currencies
[millionday] note -- this is talking about two things [millionday] it is talking about the sale to the citizens whom do trust gold and the benefit there and also the benefit of the reserves to hard back the currency
[millionday] different conditions of use depending on the economic situation of the country for example, in the case of inflation is the goal of economic policy to achieve price stability and in either case the downturn will be aimed at achieving economic growth and increased operating.,
[millionday] the release of gold for sale will be a tool whooopow >>>>>>
[millionday] and added that the measures taken by the central bank reflect the familiar real economic reality of the country, where the launch of gold to the public would control the levels of liquidity and that it increases the rate of adoption of the public on the financial assets of the real, represented by the precious metal rather than dependence on foreign currency.
[millionday] it means that the gold is always by market price
[millionday] Stressed that this measure will reduce the dollarization phenomenon experienced by the economy, where most of the business transactions and trade within Iraq are in dollars rather than rely on the on the dinar, what caused the phenomenon akin to a large extent the currency float.
[Imperator] Are they selling gold to remove the large notes?
[steamcleaner] buying gold to burn up their usd supply!!
[love it 2] Imperator they can have my larger notes for gold ... lol
[millionday] so this will create ore confidence in the dinar which is how they stop the use of the dollar -- add confidence to the currency of the nation -- the dinar
[millionday] said Baidhani that the weakness of public awareness of the importance of buying and selling shares in the local currency dramatically in the emergence of dollarization,
which severely hurt the national economy, adding that this called for reasons that central to the practice of monetary policy tools effectively to save the economy from deteriorating and to enhance the strength of gold dinar.
[millionday] so this means that when they removed the dollar -- the dinar was not the best choice either in the eyes of the citizen so they have now added confidence and we also can see that the dinar will be given a reality rate by the support of the reserves being there by hard backed by gold
[millionday] so this has many many benefits and will help them transition to a market economy and also help the citizens gain confidence
[millionday] so this is huge huge
[millionday] and will keep the dollar as not as valuable which is the only way that citizens will not use the dollar and not want it -- value in what they should use --- the dinar
[Baxter1243] I dont think the article about not being able to use the dollar anymore...isnt quite true... as I have a friend in Baghdad right now...and he tells me the dollar is being used in the markets..just as much today as it was a month ago....
[millionday] Baxter1243 the raise in the rate will stop that -- the value being more will naturally stop that -- ok that is what we have tonight thank you all
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