Millionday News 5/18/15 Part 2
Welcome to dinarupdates.com for News Time with Millionday!!
puffdragon: Has the CBI had this test and what is their score?
Millionday: THE EVALUATION WAS ORDERED TODAY
puffdragon: WE wont know till tomorrow?
Millionday: I AM NOT SURE HOW LONG THE EVALUATION TAKES OR HOW IT IS CONDUCTED -- IT MAY BE DONE BY CBI AS IT IS A NOTICE THAT WAS GIVEN BY CBI -- SO ANY NEW INFORMATION I WILL BEING FOR US
graylnjo: Earlier today Ali Alack was announced as managing director or something similar NOT cbi gov. Nothing to it??
Millionday: GRAY COULD YOU ADD THAT TO THE QUESTIONS AT THE END TONIGHT SO I CAN -- IF I DONT HAVE SOMETHING ON IT IN THIS -- BRING THE INFO TOMORROW AND MAKE SURE I HAVE THE QUESTION WITH THE OTHERS AS WELL -- THANK YOU
sudo1114: the bank compliance on equity and other requirements need to happen before Rv correct? seems like this could take a while. what are your thoughts on this. thank you
Millionday: ALL OF THE INTERNATIONAL COMPLIANCE (BIS) BANK OF INTERNATIONAL SETTLEMENTS HAVE TAUGHT AND THEY ALSO HAVE THE DEVELOPMENT BANK SET UP AND READY FOR THE BANKS FOR THE BANKING REFORMS –
ALSO THEY HAVE A BANK THAT IS IN THEIR REGION (A FORM OF CLOSE INFORMATION OUTLETS) AS USED FOR RETAIL MANAGEMENT AND OTHER BUSINESSES IN MANY AREAS INCLUDING OURS –
THAT THEY CAN TURN TO FOR HELP AND ANSWERS AS WELL –
SO THE EXPERTS IN IRAQ AND THE HUGE AMOUNT OF TRAINING HAS COVERED THE CHANGES THEY NEED TO MAKE AND IMO --- THIS WILL NOT TAKE LONG AND IS AN ONGOING ISSUE IN ALL BUSINESS
sudo1114: thank you very much. i understand now
Millionday: YW ALL THE TIME -- I HOPE WHAT I SAID CAN HELP YOU HUN -- SOME OF THIS WE ARE ALL JUST LEARNING AS IT GOES ALONG SO I KNOW YOUR GREAT QUESTION IS VERY SMART –
THIS IS ALL NEW TO THEM AND NEW TO MANY -- THERE ARE PEOPLE THERE THAT WILL NEVER UNDERSTAND -- SO IT IS GOING TO BE AS READY AS THEY CAN GET IT WITHOUT THE ACTUAL ACT TAKING PLACE
Millionday: EVEN THEN -- THIS WILL BE A MAJOR LEARNING EVENT FOR ALL -- LOL
Millionday: Barzani, the end of a meeting with leaders of political parties
Meeting the President of the Kurdistan region, Massoud Barzani, on Monday afternoon, with the Kurdish leaders of political parties in the resort of Salah al-Din.
The meeting began before noon today, in addition to representatives of political parties, attended by the President of the Kurdistan Parliament Yusuf Mohammed, and Vice President of the Kurdistan Regional Government Qubad Talabani, and the heads of Turkmen and Christian blocs.
Millionday: NOTE -- BARZANI HELD A HUGE MEETING TODAY WITH THE HEADS OF PARTIES
Millionday: He also participated in the meeting of Mullah Bakhtiar and Omar Fatah representatives from the Patriotic Union of Kurdistan, and all of Jalal essence and Omar Syed Ali representatives of the Movement for Change,
and the secretary general of the Islamic Union of Kurdistan Mohammed Faraj, and Amir JI Kurdish Ali Baber , and Commander of the Islamic movement Irfan Ali Abdul Aziz, and a number of officials in other parties.
Millionday: NOTE -- THIS IS GREAT TIMING WITH THE MEETING TO TAKE PLACE IN BAGHDAD CONCERNING ALL OF THE "IMPORTANT LAWS" TOMORROW
Millionday: The meeting aims to highlight the results of the recent visit to Barzani, the United States and Europe, is expected to release a statement by the Presidency of the Kurdistan Region on the results of the meeting.
Millionday: SO A PRESS STATEMENT EXPECTED BY BARZANI -- I WOULD THINK AND THIS IS MY OPINION THAT IT WILL BE AFTER TOMORROW`S PARLIAMENT MEETING BUT ONLY MY OPINION
Pablo: Are they going to be voting on the important laws, or just discussing them?
Millionday: THEY HAVE REPORTED THAT THEY HAVE BEEN DISCUSSING THEM FOR THE LAST FEW DAYS INCLUDING TONIGHT BECAUSE TOMORROW IS AN EXPECTED VOTE
Millionday: THE HCL HOWEVER WAS REPORTED TO BE ON THURSDAY
Millionday: I HAVE ONE MORE FROM TODAY SO GET YOUR QUESTIONS READY THAT YOU INTEND TO ASK -- THIS IS THE LAST REPORT
Millionday: PLEASE TAKE THIS REPORT AND ADD IT TO THE INFORMATION THAT I HAVE GIVEN YOU TONIGHT -- YOU HAVE RECEIVED ON THE BLOG –
OBSERVER AND RESEARCHED INFO AND OF COURSE THE GREAT CALL YESTERDAY AFTERNOON AND THINK ABOUT THE ORDER FROM CBI –
INTERNATIJONAL ACCOUNTING REGULATIONS APPLICATION -- INTERNATIONAL EQUATION ORDER-- AND OF COURSE THE ANNOUNCEMENT OF THE LAUNCH OF THE MASTERCARD FOR OUTSIDE AND INSIDE IRAQ
Millionday: The Central Bank of Iraq has allocated $5.1 billion in loans for governmental and private banks throughout the crisis-hit country in a bid to keep a handle on inflation, Central Bank general manager Ali Allaq told Al-Hayat newspaper on Monday.
"The central bank is accountable for monitoring possibilities before the emergence of economic crisis and its priority is to keep the market stable inside and outside the country and also help boost the banking system which is one of the important sectors after the oil sector," Allaq said.
Millionday: NOTE -- THE LAST PARAGRAPH IN THIS PART -- THEY HAVE TO BE ABLE TO BE SENSITIVE TO ANY MARKET RISK -- EXACTLY WHAT CBI IS STATING THERE
Millionday: Allaq added: "A while back, the economic committee of the Iraqi parliament called on the Iraqi ministries to open bank accounts in the private banks in Iraq to help boost the economy.
But it seems like Iraq's finance ministry is reluctant about the economic committee's decision because they think they do not have to deal with private banks, only the governmental ones."
Millionday: NOTE --- THEY ARE SAYING THAT THE OPENING OF ACCOUNTS THAT WAS ORDERED TO BE DONE BY THE MINISTERS WAS ONLY DONE IN THE GOVERNMENT BANKS AND HAS NOT HELPED THE PRIVATE BANKS AS THEY WERE MEANING TO ACCOMPLISH
Millionday: According to Allaq $4.29 billion of the loans will go to the Industrial Bank, Agriculture Bank, and Housing Bank and the other $841 million will go to the private banks.
On January 21, the Iraqi Cabinet approved a $102.5 billion national budget for 2015 based on a projected oil price of $60 a barrel and projected deficit of $19.1 billion. But oil prices have dropped from around $100 last year to less than $50 this month.
Millionday: SO THE HELP WILL BE GREAT FOR THE PRIVATE BANKS AND THIS IS FOR WHAT REASON? -- MAYBE THEY JUST WANT TO GET A GOOD GRADE -- LOL
BONUS!!!! QUESTION AND ANSWER PERIOD WITH MILLIONDAY
Papatom: do you find the news just short of overwhelming ? I do....it just seems to be building to a point of no return.... any comments you would make towards that?
Millionday: I SEE THAT THE REPORTS SEEM TO BE ALL ABOUT THE REFORM PREPARATION AND ALSO FOR THE CONTRACTS THAT HAVE BEEN AGREED ON FOR THE REBUILD –
THE BRINGING OF THE CITIZENS BACK AND ALSO THE SUCCESS OF IRAQIS OUTSIDE OF IRAQ IS GREAT TO SEE -- SUPPORT FROM THEIR GOVERNMENT GOES ALONG WAY
GGB: Newbie ??? Why does the dollar hold Iraq back, & If changing currency is Good, why revalue 1 dollar for 1 dinar, same spending power different currency
Millionday: THE THING IS THAT THE COUNTRY OF IRAQ IS NOT EXPECTED NOR HAS IT HISTORICALLY SET STILL -- THEY ARE A VERY RICH COUNTRY AND ARE EXPECTED TO RETURN TO THAT –
ALSO THE REGION NEEDS IRAQ TO REBUILD -- IN THEIR CULUTRE THE VALUE OF THEIR COUNTRY IS A SIGN OF SUCCESS BUT CAN WE SAY ANY DIFFERENT REALLY? -- I THINK THAT ALL COUNTRIES WANT THEIR OWN TO SHOW SUCCESS
jwjd: Millionday you work so hard to bring in some amazing articles.. it has been a long time rumor that articles that are put out can be old or "manipulated"..
how do you verify the authenticity of the articles before hand? I ask because the article today from Selah is very promising.. thank you so much for all you do!
Millionday: THEY ACTUALLY ARE VERY EASY TO VERIFY THROUGH OTHER COUNTRIES AND ALSO MULTIPLE REPORTS CAN BE TRANSLATED DIFFERENTLY
AND ALSO THE REPORTS CONFIRM THEMSELVES MOST OF THE TIME BY FITTING ONE ACT TO ANOTHER THAT IT NEEDS -- FOR INSTANCE AS I SAY THEY NEED ONE THING DONE TO MAKE THE OTHER LEGAL –
SO LOOKING FOR ACTION IN ONE AREA WOULD LET US KNOW THAT THEY ARE ACTUALLY MOVING ON ANOTHER AND VICE VERSA –
BUT LET ME SAY THIS -- YEARS AND YEARS OF READING AND LISTENING AND RESEARCHING CAN NOT BE REPLACED ---
TO KNOW SOME THING HAPPENED IN 2010 BECAUSE YOU REMEMBER IT AND THEN MATCH IT WITH A REPORT TALKING ABOUT THAT EXACT THING IN 2010 -- ALLOWS YOU TO MAKE SENSE OF IT
Millionday: ALSO -- THE AGREEMENTS ARE ALL OFFICIAL AND CAN BE FOUND ALONG WITH ALL GOVERNMENT REPORTS
maine: what have you heard on the dong lately?
Millionday: I HAVE HEARD AND THIS IS JUST WHAT I HAVE HEARD FROM THE BEST CONTACTS THAT I KNOW OF -- THAT IT IS GOING TO BE A WHILE BUT ONCE AGAIN -- NO DATE IS GIVEN -- I HAVE HOWEVER STARTED RESEARCH ON THE DONG LESS THAN A COUPLE YEARS AGO
beth: Do you feel that once they get these laws voted through that we will finally see the RV?
Millionday: I DONT KNOW HUN -- I WISH I DID SWEETY -- I WOULD TELL YOU IF I KNOW
JR67: Have you any ink on the Day of Reconciliation Thank You in advance, Millionday
Millionday: YES THE NEWS I HAVE IS THAT THE CONFERENCE IS TO BE WITHIN THIS TIME ---
IT WAS STATED THAT WHEN THE PRESIDENT RETURNED FROM IRAN THEY WOULD HOLD THE CONFERENCE IN BAGHDAD -- SO I AM KEEPING EYES PEALED
teddi: It seems that Prime Minister Abadi isn't as good at public relations as that monstor Maliki.
Now that ISIS appears to have overrun Ramadi, Maliki and his gang are taking advantage of this with some bad press (especially in the news media controlled by M) about Abadi being weak and ineffective as a military leader.
There is major negative press (owned by you know who) about A's leadership. M will not give up his dictatorship very easily especially with his party and Iran behind him.
This is something that cannot be overlooked. What is your feeling about this?
teddi: There were some strong articles in the NY Times today regarding this.
Millionday: I THINK THAT THE REVENUES WILL BE A HUGE BOOST FOR IRAN TO DO THE RIGHT THING AND GAIN FROM THE NEW IRAQ -- THEY HAVE A HUGE TRADE HUB BEING OPENED IN KURDISTAN -- I KNOW MONEY TALKS
teddi: That would be my hope also, but unless they get ISIS under control, don't you feel that there will be a delay in the process because of it?
Millionday: I THINK THAT THERE WAS ALREADY A DELAY IN A LOT OF PLANS DUE TO ISIS –
THE INVESTORS THAT WOULD NORMALLY STORM IRAQ AND ACTUALLY BENEFIT ISIS MORE THAN ANY ACT THEY HAVE BEEN APART OF HAVE FOR USRE BEEN IMPACTED AND TO TELL YOU THE TRUTH THE STUPID ISIS HAS NO CLUE OF THE MONEY THEY HAVE COST THEMSLVES
Papatom: didn't Abadi? or someone recently say that Terrorists wouldn't delay the economic progress (blanked on the right word)?? seems like we just covered that with in the last couple of weeks....
teddi: Sorry to express concern. Just need reassurance when the news turns negative after all the exciting activity that has been taking place. Thank you, Millionday.
Millionday: PAPA YOU ARE RIGHT -- TEDDI THAT IS TRUE
Millionday: ABADI STATED THAT HE REFUSES TO ALLOW THEM TO IMPACT THE ECONOMIC REFORMS OF IRAQ AND ALSO THAT HE GAVE HIS WORD IRAQ WOULD BE CLEARED OF ALL OF ISIS AND DAASH ETC AND THEY WILL NEVER BE ABLE TO RETURN IS ANY CHARGES ARE VER MADE IN ANY FORM
TimandJulie: So investors and the BIS are not scared or threatened by ISIS and the Impacts they are making
Millionday: NO TIM I AM NOT SAYING THAT AT ALL
TimandJulie: I DIDNT MEAN IT THAT WAY, I MEANT IN GENERAL AS A QUESTION
Millionday: I AM SAYING THAT THE EXPENSE THAT IT HAS COST THE COMPANIES AND IRAQ THEMSELVES AND THE WORLD AS WELL HAS IMPACTED A POSITIVE TO BE AN EXPENSE THAT DID NOT HAVE TO BE A PART OF SUCH AN INGENIOUS PLAN FOR GLOBAL RECOVERY
TimandJulie: People stating ISIS doesnt have an impact cant be totally true, because if they started in on Bagdad, it WOULD change it
Millionday: THEY HAVE HUGE SECURITY HIRED FOR BUSINESSES AND I WOULD BE SCARED –
BUT BY WHAT I SEE IS THEY THINK THAT THE IMPACT OF REVENUES WILL CHANGE THE SITUATION AS WE KNOW HISTORY REPLAYS ITSELF ---
I THINK THEY ARE SCARED BUT I THINK WHAT WILL TAKE PLACE TO PROTECT THEM SHOULD SCARE ISIS
TimandJulie: On the other hand as soon as they DO RV , it will changes again and I'm sure everyone will come in an eliminate ISIS...catch 22
Millionday: FEAR IMPACTS THE MARKET ECONOMICALLY ALWAYS -- EVEN WITH IT BEING FEAR OF DANGER ---
MOST PEOPLE THINK THAT ONLY FEAR OF LOSS OF FUNDS IMPACT IT BUT ALL FEAR IMPACTS IT -- AND THE CHOICES OF WHO THEY CAN USE FOR THE COMPANY CHANGES DUE TO SOME REFUSING TO TAKE THE RISK
Millionday: EXACTLY -- MY OPINION TOO
Millionday: SO GOOD NIGHT ALL LOVE TO YA