Millionday Roundtable 4/20/15 Part 1
Welcome to dinarupdates.com for Roundtable with Millionday!!
Millionday: Finance Minister Hoshyar Zebari, in a closed-door meeting of finance ministers and central bank governors with General Director of the International Monetary Fund Christine Lagarde and the IMF officials institutions, economic and financial situation in the Middle East and North Africa.
Millionday: NOTE -- THIS IS AN ECONOMIC CONFERENCE OBVIOUSLY ATTENDED BY IRAQ AND CBI --REMEMBER WE WERE TOLD THAT THEY WERE TO HOLD A MEETING BEFORE THE IMF SPRING MEETING WITH IRAQ ----
Millionday: A statement from the Ministry of Finance received (newspaper rectitude) a copy of it, on Monday, that "During the meeting, reviewing the implications of the oil drop for exporting and importing countries for energy,
as well as discuss the latest steps the financial and economic reform required to mitigate the financial crisis and to address its budget deficit and adopt a curriculum to impose fair taxes .
Millionday: NOTE --- SO NOTICE THAT -- PART OF THIS IS TO DISCUSS THE LATEST STEPS OF FINANCIAL AND ECONOMIC REFORM --- BUT ----TO IMPOSE --- FAIR TAXES ----
Millionday: NOTE -- ALSO NOTICE THAT MORE THAN JUST THE CBI GOV -- IT SAYS MORE THAN ONE -- IT IS PLURAL
Millionday: The consultative meeting was attended by Finance Minister Hoshyar Zebari, Iraq's ambassador in Washington, Mr. Minister, and held a number of bilateral meetings with a number of participating in the meeting .anthy 4 delegates
Millionday: SO AS I WAS SAYING -- MANY MEETINGS IN WASHINGTON AND THIS IS A NEW CONFERENCE ---
wilson6060: was the meeting today or going on now
Millionday: HE IS PARTICIPATING IN IT NOW AND IT IS CLOSED DOOR --
Millionday: CLOSED DOOR SMILE
Millionday: Chaired by a member of the board of the Presidency of the Council of Representatives Sheikh d. Hamoudi, an important meeting of the committees of Finance and Economy and integrity placed to discuss the reduction of money laundering and the high dollar exchange rate process.
Millionday: NOTE -- THIS WAS HELD YESTERDAY BEFORE THE CONFERENCE TODAY
Millionday: Sheikh Hamoudi stressed during the meeting the importance of the situation and take action fast processors and package solutions to overcome the current financial crisis and the reduction of currency smuggling operations abroad, which mainly affects the deterioration of the economic situation of the country and its impacts negatively the lives of citizens.
Millionday: NOTE -- THIS MEETING WAS WITH MANY MANY ECONOMIC PLAYERS IN THE REFORM -- THIS WAS TO GO OVER ALL LAWS IN PLACE ABOUT THE MONEY LAUNDERING PROBLEM
Millionday: He revealed Sheikh Hamoudi intention Presidential Commission for a meeting attended by the relevant authorities the subject and of the Ministry of Finance and the board Allenzahh Central Bank
and the Office of Financial Supervision, in addition to the Ministry of Commerce and the Departments of customs and taxes and national security to develop solutions without the growing phenomenon of money laundering in the country.
Millionday: SO THIS IS THE PART OF -- SO WHY WOULD THEY BE DOING THIS ? --- PLANNING AN UPCOMING MEETING WITH ALL RELEVANT AUTHORITIES----ALL WITH THE MINISTER OF COMMERCE AND CUSTOMS AND TARRIFF
Millionday: LOVE THE MEETINGS AND LOVE THE CLOSED DOOR --- ALSO REMEMBER THAT PARLIAMENT HAS BEEN IN -- CLOSED DOOR MEETING FOR THE LAST TWO DAYS
beth Millionday: Wasn't Parliament supposed to be in session today?
beth Millionday: Not behind closed doors?
Millionday: YES THEY WERE IN SESSION TODAY
Millionday: THIS IS MONDAY AND THEY HAD BEEN IN A CLOSED DOOR MEETING SATURDAY AND SUNDAY
Millionday: AND THEN MET THIS MORNING WITH FORMAL SESSION
Millionday: The world’s financial leaders see a number of threats facing a global economy still on an uneven road to recovery with U.S. and European officials worrying that Greece will default on its debt.
The finance ministers and central bank governors ended three days of meetings in Washington determined to work toward “a more robust, balanced and job-rich economy” while admitting there are risks in reaching that objective, the steering committee of the International Monetary Fund said in its communique Saturday.
Millionday: NOTE -- TWO THINGS -- CONFIDENCE WILL IMPACT THE STOCK MARKET SO WORRYING IN THE MEDIA ABOUT DEBT REPAYMENT HAS AN IMPACT ----
ALSO THIS IS WORKING TO HAVE A ROBUST-BALANCED-JOB-RICH ECONOMY BUT THIS IS FOR -- GLOBAL ECONOMY
Millionday: NOTE -- TRYING TO AVOID ANY IMPACT (NEGATIVE) TO THE MARKET
Millionday: Seeking to resolve Athens’ debt crisis, Greek Finance Minister Yanis Varoufakis held a series of talks with other finance officials on the sidelines of the meetings. The focus now shifts to Riga, Latvia, where European Union finance ministers meet next week.
The head of the European Central Bank, Mario Draghi, said it was “urgent” to resolve the current dispute between Greece and its creditors. He said that while the international finance system had been strengthened since the 2008 crisis, a Greek default would still put the global economy into “unchartered waters” with its effect hard to estimate.
Millionday: NOTE -- READ THAT ---- IT IS URGENT DUE TO THE WORK THAT HAS BEEN DONE AND ALSO THE FEAR OF IMPACT OF JUST THAT THE WORK BEING DONE ----
NOW THE REASON I AM EVEN LOOKING AT THIS --- NOT DUE TO BLINDNESS –
IT IS BECAUSE OF THE HUGE AMOUNT OF NEWS ABOUT IRAQ AT THE SPRING MEETINGS AND THE INTENTION OF ALL THE MEETINGS TAKING PLACE WITH THE LARGEST INFLUENTIAL OF THEM ALL ECONOMICALLY ---- THE NEWS IS FULL OF THEM
Millionday: NOTE -- REMEMBER THEY ARE IN A CONFERENCE IN IRAQ --- I AM NOT MAKING THIS MORE IMPORTANT AND INTERESTING THEN IT IS -- VERY INTERESTING
Millionday: Draghi told reporters he did not want to even contemplate the chance of a Greek default on its debt. But French Finance Minister Michel Sapin said he thought any damage would be confined to Greece because euro zone countries had established measures to protect themselves from any spillover effects.
Seeking to assure financial markets, which fluctuated considerably on Friday over the possibility of a Greek default, Sapin said nothing had changed on the issue as a result of the weekend meetings.
He said it was up to the Greek government to present credible, assessable solutions to its economic problems. “The solution to the Greek debt crisis is in Greece,” he said.
Millionday: NOTE -- THEY ARE SEEKING TO ASSURE FINANCIAL MARKETS --- THAT NOTHING HAS CHANGED ON THE RESULT FROM THE WEEKEND MEETINGS ----
Millionday: The head of the IMF, Christine Lagarde, who had rejected suggestions that the IMF might delay Greek debt repayments, said she had constructive talks with Varoufakis and that the objective remained the same: to restore stability for Greek finances and assure an economic recovery.
Millionday: NOTE --UNDERSTAND THIS IS NOT ENTIRELY ABOUT JUST ONE COUNTRY WHEN YOU ARE A PARTICIPANT IN THE GLOBAL MARKET -
Millionday: A number of countries directed criticism toward the U.S. for the failure of Congress to pass legislation needed to put into effect reforms that would boost the agency’s capacity to make loans and increase the voting power of such emerging economic powers as China, Brazil and India.
Agustin Carstens, the head of Mexico’s central bank and chair of the IMF policy panel, said “pretty much all of the members expressed deep disappointment” that a failure of Congress to act is blocking implementation of the reforms. The IMF panel directed IMF officials to explore whether interim solutions could be put in place until Congress acts
Millionday: NOTE -- THEY WANTED TO KNOW IF THE IMF CAN HELP WHILE CONGRESS WORKS ON SOLUTIONS AND PUT A STOP IN PLACE SO NO --GLOBAL MARKET IMPACT IS FELT -- DONT ROCK THE BOAT
Millionday: The finance ministers urged central banks including the U.S. Federal Reserve to clearly communicate future policy changes to avoid triggering unwanted turbulence in financial markets
Millionday: SO THE GOAL IS TO NOT ROCK THE FINANCIAL MARKETS ---- THE FEDERAL RESERVE ANNOUNCED YESTERDAY THEY WILL BE HELPING IRAQ IN ECONOMIC REFORMS ---
Millionday: ALL EMERGING MARKETS ARE IMPACTING IN THE GLOBAL MARKET --
Millionday: IRAQ HAS STATED IN MOST ALL ECONOMIC INK WE HAVE READ IN THE LAST TWO DAYS THEY ARE MOVING TO APPLY THE REFORMS --
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