Millionday 12/15/14 Part 2
Welcome to dinarupdates.com for news time with Millionday!
Millionday: NOTE -- THIS IS INTERESTING
Millionday: THIS IS A HISTORICAL MOVE FOR SURE -- GREAT NEWS TO SEE THEM COME TOGETHER
Millionday: NOTE -- THIS IS ABOUT THE REPSONSE FROM KUWAIT
Millionday: First Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah on Monday Kuwait's keenness on the security and stability of Iraq and to support its efforts to fight terrorism in the interest of the region and the world.
Sabah Al-Khalid said in a statement to reporters on the sidelines of the Bahrain Embassy ceremony at Kuwait National Day that "Iraq is facing serious challenges to it from the first place in the face of terrorism," adding that "the international community has formed an alliance composed of 60 countries to help Iraq to fight terrorism."
Millionday: NOTE -- KUWAIT IS THANKFUL FOR IRAQS WORK ON TERRORISM -- SO TRUE
Millionday: NICE >>>Asked about Kuwait's position on the Iraqi request to postpone the payment of the final installment of compensation said the Kuwaiti minister said that "the international community is responsible for the difficult economic situation in Iraq," adding that "the Committee on compensation and emanating from the UN Security Council resolutions will consider this request."
He said that "Kuwait has responded and will respond in whatever alleviates these difficulties faced by the brothers in Iraq within the powers entrusted to the Committee on compensation and without prejudice to the UN Security Council resolutions."
Millionday: NOTE -- IT LOOKS AS THOUGH THEY ARE GOING TO GO FORWARD WITH WHAT IRAQ NEEDS -- AND IS CALLING THEM BROTHERS -- VERY NICE
Millionday: On the reasons that led to the postponement of the date of the joint committee between Kuwait and Iraq, to be held in Baghdad this month Kuwaiti Foreign Minister revealed an "agreement the two sides to postpone the date of the Commission until after the visit of Iraqi Prime Minister Haider al-Abadi to Kuwait during the coming days, which will include extensive interviews with Abadi and his accompanying delegation. "
Millionday: NOTE -- ABADI IS GOING TO KUWAIT
Millionday: The Finance Minister Hoshyar Zebari said Thursday that Iraq seeks "to postpone the value of a final batch of 4.6 billion dollars of compensation concerning the occupation of the former regime of Kuwait in 1990 and 1991," adding, "We are truly committed to pay this money on time until this moment."
He added "We are holding discussions with Kuwaiti and seek to postpone payment for two years, or at least for a year to make some room, to provide a realistic budget," noting,
Millionday: "There you understand this, you will see the coming days, some diplomatic frenetic activity between Baghdad and Kuwait, Geneva and New York to make a joint request to postpone the payment," he said, adding that "postponement for a year or two will give Iraq an outlet of the financial crisis."
This comes Iraqi request of Kuwait at a time when the government is facing a liquidity crisis due to falling oil prices and fight al Daash.
Millionday: NOTE -- THE COMING DAYS BUT I LIKE IT
Millionday: Since the first time allowed the resumption of Iraq's oil sales for nearly two decades before Iraq pays money to a United Nations body that oversees compensation for looting and damage caused by the previous regime of the occupation of Kuwait in the nineties of the last century, which lasted seven months.
It was compensation from Iraq to exchange more than a million demands were almost all pay and compensation totaling $ 52.4 billion of annual allocations amounting to five percent of the oil export revenue protection from Iraq to the United Nations.
Millionday: SO AS WE SEE THEY ARE BEING MONITORED AS WE EXPECTED BUT KUWAIT IS HAPPY WITH IRAQ
rudie: They seem to have several things in the works that might slow down the budget??
Millionday: ACTUALLY THIS IS THE COMING DAYS WILL EFFECT THE DEFICIT WHICH RAISES THE VALUE OR PURCHASING POWER SO WITHOUT ABADI NEEDING TO BE THERE AFTER IT IS PASSED TO PARLIAMENT THIS WILL BE FINE
Millionday: THE OPERATING BUDGET IS WHAT MINISTERS ARE WORKING ON
Millionday: BRB WITH MORE
GrannieAnnie: So Abadi will be going to Kuwait AFTER they pass the Budget?
Millionday: I WOULD GUESS THAT WOULD BE THE HOLDUP WITH THE ANNOUNCEMENT THAT THEY WILL BE DONE IN A FEW DAYS AS WELL
Millionday: HERE WE GO WITH A HUGE ANNOUNCEMENT
Millionday: Parliamentary Economic Commission revealed the direction of the government to activate the private sector and the collection of taxes, to increase the resources of the state and the mitigation of the economic crisis experienced by the country.
She said a member of the Commission to fulfill Kazem told all of Iraq [where] that "Iraq is heading to activate resources other than oil to increase the country's income, to not rely on oil entirely," pointing out that "the coming days will witness changes in the economic situation, according to the existing public data on the ground. "
Millionday: NOTE -- I LIKE THE COMING DAYS SHOWING A WITNESS OF ECONOMIC SITUATION CHANGE--SMILE
Millionday: She said Kazem that "Iraq will be able to overcome the economic crisis, what has the current natural resources and the effects of religious tourism, and that a temporary period of economic decline."
It is said that the government announced earlier in the adoption of the principle of Alchagaf in deputations and furniture, in addition to reducing government salaries for compulsory savings out of the economic crisis Alhalah.
Millionday: SO THIS WILL BE NICE TO SEE -- CHANGE IS GOOD -- NO CHANGE IS BAD
Millionday: BRB WITH MORE
Millionday: SEEMS LIKE WE ARE SEEING THE COMING DAYS FOR EVERYTHING
Millionday: HERE WE GO WITH A REPORT SAYING THEY HAVE ALREADY DONE THIS
Millionday: I WOULD SAY WITH THE POSITIVE RESPONSE FROM THE LAST REPORT -- THIS IS BELIEVABLE
Millionday: BRB WITH MORE
quicktolegit96: MD WERE LOST
quicktolegit96: YOU SAID WHAT WAS "BELIEVABLE"
Millionday: THE PREVIOUS REPORT SAID THAT THEY ARE GOING TO TALK TO KUWAIT AND THAT REPORT STATED THAT THEY ALREADY REMOVED THE DEBT FROM THE DEFICIT
Millionday: ONE REPORT STATES THAT ABADI IS GOING TO TALK TO KUWAIT AND ASK IF THEY CAN DEFER PAYMENTS AND WE HAD A RESPONSE FROM KUWAIT SAYING THAT IRAQ THEIR BROTHERS HAVE BEEN HELPING ALOT WITH TERRORISM AND ITS FIGHT FOR THE WORLD/REGION -- THE LAST REPORT STATED THAT THE ECONOMIC COMMITTEE REMOVED THE PAYMENT TO KUWAIT TO LOWER THE DEFICIT -- SO THEY ARE SAYING THAT THEY HAVE ALREADY REMOVED IT BEFORE THE MEETING EVEN TOOK PLACE (IN THE COMING DAYS)
Millionday: MAKE SENSE?
Millionday: BRB WITH MORE
Millionday: Kurdistan Regional Parliament session on Tuesday to read a number of draft laws, including the first reading of the draft preparation and the creation of regional constitution law.
The MP said the Kurdistan Parliament from the Kurdistan Democratic Party First Sophie in a press statement that he "will be modified cabinet law in the province's parliament session, which is scheduled to be held tomorrow in addition to the first reading of a set of laws."
He said the "agenda of the meeting includes the modification of the cabinet law in Kurdistan to legislate a legal substance gives him the authority to create new ministries for the region."
Millionday: NOTE -- THIS IS THE BEST PART AND SHOWS IT IS AGREED ON >>
Millionday: He Sophie "as the meeting includes the first reading of a set of laws, including the preparation of a draft constitution and the creation of Kurdistan for the referendum law and the draft law Peshmerga privileges and families of the martyrs, and the draft exemption Peshmerga forces and internal security forces of law and financial advances" .
Millionday: SO AS WE SEE THE KURDS AND IRAQ MUST HAVE MADE SOME TYPE OF AGREEMENT WITH PAYMENTS SO WE WILL SEE THEM WITH THE BUDGET MEETING OF PARLIAMENT THAT SHOULD HAPPEN TOMORROW ACCORDING TO NEWS
1marsha: so meeting not for sure passing
Millionday: IT DEPENDS ON IF THE MINISTERS ARE DONE BUT THEY ARE SUPPOSED TO BE MEETING TOMORROW FOR ECONOMIC REFORM AND BUDGET -- REMEMBER THE NEWS WE GET IS NORMALLY A COUPLE DAYS OFF SO NOTHING SAYS THAT IS CANCELLED YET
Millionday: I DONT SEE ANYTHING ELSE THAT IS NOT JUST MEETINGS COMING SO I THINK THAT IS IT
Papatom: MD, after the time is done, can I get your opinion on a article?
Millionday: SURE PAPA HAS A REPORT I WANT TO SEE
Papatom: md Iraq’s state grain buyer issued an international tender to buy at least 30,000 tons of rice, the trade ministry said in a statement on Monday.
The closing date for the tender is December 22, and offers should stay valid until December 26.
The rice can be sourced from the Unites States, Uruguay, Argentina, Vietnam, Brazil and Thailand. Thai white rice will be accepted, the statement said.
Last Update: Monday, 15 December 2014 KSA 13:47 - GMT 10:47
Papatom: it seems they would need to know what their currency is worth
Millionday: IT DEPENDS ON WHAT THEY ARE USING FOR THE TENDER -- THIS IS JUST AN INTERNATIONAL TENDER THEY ARE TRADING SO WE DONT KNOW IF IT IS DINAR OR NOT
Papatom: I was thinking that same thing...and thought there had been a report that they weren't using dollars anymore...
Millionday: THERE IS A REPORT THEY ARE NOT USING DOLLARS ANYMORE
Millionday: WE WILL HAVE TO FIND THE INTERNATIONAL OFFER
papatom: thanks. I understand what you are saying.... I just think that if this is true and they can't use dollars.... we may be seeing a slip that is giving the window
Millionday: FOR INSTANCE IN THE US ETC TO SEE WHAT THE OFFER IS
Millionday: WE COULD YES YOU ARE RIGHT -- BUT WE NEED TO SEE THE PRICE OF WHAT IS BEING GIVEN
Millionday: I HAVE TO SAY I LIKE THOUGH
Millionday: VERY SNEAKY HOW THEY STATED IT
Papatom: it suggests the possibility that THEY KNOW the rate..... and since this isnt a strongly related to the dinar request....it could be something like that Asia Cel profit report
Papatom: remember when Asia Cel , thru an investor report told the amount they sold and what they intended to make off the sale of their iraqi stock?
Millionday: THE MEDIA IS BEING WATCHED VERY CLOSELY TOO
Millionday: THIS IS VERY INTERESTING
Millionday: ISSUED AN INTERNATIONAL TENDER
poppy3: my take on this is some different . if he place dinar for the purchase at todays rate and the new rate is announced before or on the 22nd then the value would be much more thus the reason to have the purchase expire at that time at least with that tender ??? TIME WILL TELL . Hard to evaluate that order with no further info. details. poppy3
Millionday: IT IS A HARD ONE WITH JUST THAT INFO POPPY
Papatom: there must be an organizational chart somewhere , that shows the request
Millionday: I AGREE GOOD INFO -- THERE HAS TO BE A BID ORDER SOMEWHERE
Millionday: I WILL LOOK FOR IT AND TRY
Millionday: I WILL SEE IF I CAN FIND THE ORDER SOMEWHERE -- TAKE SOME DIGGING